Crypto market hit by $521m in 24-hour liquidations
A sharp volatility spike has triggered $521m in crypto liquidations over 24 hours. Summary About $521m in crypto futures positions were liquidated in the past 24 hours. Bitcoin (BTC) led with more than $200m wiped out, followed by major altcoins. Over 120,000 traders were liquidated as leverage reset across major derivatives venues. A fresh volatility…
Solana-based wallet Backpack launches on-chain IPO service
Backpack has rolled out a new service that allows users to join initial public offerings directly on-chain. Summary Backpack has rolled out on-chain access to IPO allocations. The service is built with Superstate to offer real equity on blockchain rails. Founder Armani Ferrante says community activity will shape access to deals. The update was announced on March 4 by founder…
MACD crossover hints at new rally
Hyperliquid flashes a bullish MACD crossover near $33 resistance, setting up a potential breakout as traders weigh momentum against looming token unlock risks. Summary Hyperliquid price trades at $32.63 near weekly highs as MACD flips bullish. Price tests $33–$34 resistance with RSI strengthening above 50. Break above $34 targets $36, while loss of $30 risks…
GMX DAO shifts rewards and liquidity to strengthen token economics
GMX DAO has approved a plan to redirect rewards and concentrate liquidity on its own rails. Summary GMX DAO will send a larger share of protocol rewards to its treasury instead of direct staking payouts. The plan concentrates liquidity on GMX-native infrastructure rather than relying on external venues to set the market. GMX traded higher…
Aster price forms inverse head and shoulders, $1.06 emerges
Aster price is forming a potential inverse head and shoulders pattern, signaling a possible trend reversal. A confirmed breakout above $0.79 could trigger a bullish rally toward the $1.06 resistance target. Summary Inverse head and shoulders pattern forming $0.79 neckline key breakout level Breakout target projected near $1.06 Aster’s (ASTER) recent price action is beginning…
Changpeng Zhao backs Predict.fun’s acquisition of Probable
Binance founder Changpeng Zhao has endorsed Predict.fun’s strategic acquisition of Probable. Summary Predict.fun has announced a strategic acquisition of on-chain prediction platform Probable. Probable was incubated by PancakeSwap and YZi Labs before the deal. The combined platform aims to improve prediction market architecture, execution efficiency, and capital utilization. Binance founder Zhao Changpeng has publicly welcomed…
Bitcoin price hits $73k as ETF inflows and short-covering drive rebound
Bitcoin price has reclaimed the $73,000 level as flows and positioning turn more supportive. Summary Bitcoin price touched an intraday high near $73,000, its strongest level in weeks. U.S. spot ETFs recorded solid net inflows while funding normalized and open interest rebuilt. Major crypto assets rose 5%–8% on the day as liquidity and volumes improved…
GSR pulls 3,000 ETH from Binance as market liquidity shifts
Market maker GSR has withdrawn 3,000 ETH from Binance, signaling shifting liquidity. Summary GSR moved 3,000 ETH, worth about $6.23m, from Binance within 3 hours. On-chain trackers flagged the transfer as part of a broader series of exchange outflows. ETH traded higher alongside BTC, with major assets posting 5%–7% intraday gains. On-chain analytics platform The…
Bitcoin shows record weekly oversold as selling pressure eases
Bitcoin has hit its most extreme weekly oversold level on record as selling slows. Summary Research firm K33 says bitcoin is in its deepest weekly oversold zone ever. The move follows months of selling from long-term holders and institutions, though that pressure is now easing. Bitcoin (BTC) reclaimed $71,000 with roughly 7% daily gains as…
DDC Enterprise boosts BTC reserves as revenue outlook climbs
DDC Enterprise has increased its BTC holdings to 2,183 coins alongside record guidance. Summary DDC Enterprise now holds 2,183 BTC after adding 65 BTC during the latest treasury allocation round. The company guided for 2025 revenue of $39m to $41m, up sharply from prior periods. BTC traded near $72k with 7% daily gains, as on-chain…
