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Quick Take Sen. Elizabeth Warren wrote to Trump’s crypto czar David Sacks requesting immediate clarifications and disclosures regarding potential conflicts of interest. Warren’s letter comes as the President signed an executive order to establish a U.S. Strategic Bitcoin Reserve late Thursday.
Quick Take A “Canary Sui ETF” entity has appeared on Delaware’s registration portal. Such a registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. Securities and Exchange Commission.
Texas' Bitcoin Reserve bill cleared the Senate with strong bipartisan support. Without mandatory Bitcoin purchases, it now moves to the House for a final vote.
ADA’s uptrend is losing strength as resistance at $1 proves tough to break. Whale activity and ADX trends suggest potential consolidation ahead.
- 14:58CryptoQuant Research Director: The growth in demand for Bitcoin spot is shrinkingNews on March 9th, Julio Moreno, the research director of CryptoQuant, posted on platform X saying that the reason for the decline in Bitcoin prices is simply because the current demand for Bitcoin spot is shrinking. At the same time, short positions in Bitcoin are dominating in futures market.
- 14:32A whale on Hyperliquid who shorted BTC at 20 times leverage has made a floating profit of 6.375 million USDAccording to @ai_9684xtpa monitoring, BTC has fallen below 84,000 US dollars, ETH has fallen below 2,200 US dollars. The total position of Hyperliquid's 20 times short on BTC has a floating profit of 6.375 million US dollars, among which the floating profit of BTC short orders has expanded to 6.175 million US dollars. Yesterday it also added another 10 BTCs and currently the position value is as high as 42.85 million USD (512.65 BTC). The thirty times short order on ETH also already has a floating profit of $200k USD.
- 14:26ETH falls below 2100 US dollarsThe market shows that ETH has fallen below 2100 US dollars, currently quoted at 2099.02 US dollars, with a 24-hour drop of 4.08%. The market fluctuation is relatively large, please manage your risk well.