The global crypto market cap is $2.72tn, a 1.01% decrease over the last day. The total crypto market 24h volume increased 51.54% to $69.46bn.
Wall Street ended its losing streak on Friday as major indexes rebounded following news that Democrats would not oppose the public spending bill in the Senate. US Secretary of State Marco Rubio said the US could engage in bilateral talks with trade partners on new trade attangements. Meanwhile, Donald Trump announced plans to speak with Vladimir Putin on Tuesday about Ukraine, noting significant progress made over the weekend.
Today's key macroeconomic data includes US retail sales, while the Federal Reserve is set to announce its interest rate decision on Wednesday, with markets anticipating that rates will remain unchanged.
US BTC spot ETFs recorded a weekly net outflow of $-921m last week, with $15bn in volume. This marks the 5th consecutive week of net outflows, totaling $-5.4bn of outflows over those 5 weeks. US ETH spot ETFs recorded a weekly net outflow of $-190m, the 3rd consecutive week of outflows.
OKX has temporarily suspended its DEX aggregator, a tool that finds the best trade prices across decentralized exchanges, for an internal review and a system update after detecting an attempted exploit by North Korea’s Lazarus Group. The suspension follows an European Union investigation into OKX Web3’s potential role in laundering funds from the Bybit hack. OKX has implemented real-time tracking to block hacker-linked addresses and is working on improving transaction attribution to the correct DEX.
A Bitcoin whale has opened a $332 million short position at $84,040 with 40X leverage on Hyperliquid, risking liquidation if BTC spikes to $85,000 which represents a 1.7% price increase from the current price, according to Lookonchain. The trader previously made $16.39 million in profits across two wallets, but many speculate that this high-risk position will fail.
According to Darkfost on CryptoQuant, Bitcoin demand has turned negative at the beginning of March 2025, after being positive since September 2024, meaning that less Bitcoins are being actively acquired, as tracked by the Apparent Demand metric.
According to crypto analyst Ali Martinez on X, ETH whales have accumulated over $815 million worth of Ethereum in five days during the market correction.
According to Arkham Intelligence data, BlackRock IBIT received 568 more BTC from Coinbase Prime, bringing their total to $47.48 billion worth of Bitcoin.
US headquartered cryptocurrency exchange Coinbase Global has registered with India’s Financial Intelligence Unit (FIU), advancing its return to the Indian market after previously withdrawing due to regulatory pressure.
Emirati state-owned investment firm MGX has acquired a $2 billion minority stake in Binance, marking the largest investment ever paid entirely in cryptocurrency, as the transaction will be executed in stablecoins instead of traditional fiat currency.
A UK National Crime Agency (NCA) officer has been charged with stealing 50 BTC back in 2017, then worth $77,600 (now $4.2 million). He faces multiple charges related to theft and money laundering and is set to appear in court on April 25. The charges came less than a year after new UK laws expanded the NCA and police's powers to seize and manage crypto assets.
Four brothers were arrested by Vietnamese authorities for operating a $3.8bn gambling network disguised as a crypto investment platform, enabling bets with USDT, ETH and Naga tokens while earning commissions for recruiting new participants.
On Sunday March 16, El Salvadoran President Nayib Bukele's Bitcoin Office said it has added another BTC to its national strategic Bitcoin reserve, bringing its total holdings to 6,118.18 BTC.
