🗞 Catch up on the news over the last 24 hours!
🚨 Over $195M liquidated in the past hour as Bitcoin fell below $65K.
🚨 US government officials and Wall Street analysts are weighing the possibility of oil prices hitting $200 a barrel as the Strait of Hormuz crisis deepens, per Bloomberg.
🇺🇸 Senate Banking Committee is set to hold Fed chair nominee Kevin Warsh's confirmation hearing as early as the week of April 13, per Punchbowl.
🔥 Ripple CEO Brad Garlinghouse says crypto has gone from "rat poison" to rewiring the financial system as major companies race to adopt stablecoins and digital assets.
🚨 Global uncertainty hit an all-time high on the World Uncertainty Index last year, dwarfing Covid, the 2008 financial crisis, and every major event since 1990, per FRED.
🔥 BlackRock is hiring a Managing Director of Digital Assets in NYC, offering up to $350K base to lead its crypto and tokenization strategy.
🚨 The Crypto Fear & Greed Index sits at 8, Extreme Fear and has now been stuck in that zone for 59 consecutive days.
🚨 Ethereum is up 1.33% in March, snapping two consecutive months of double-digit losses.
📊 Digital asset funds saw $414M in outflows, the first in 5 weeks, as Iran tensions and rate hike fears hit sentiment.
⚡️ Michael Saylor’s Strategy did not purchase any Bitcoin last week.
🇺🇸 POWELL: Will get inflation back to 2%.
🇺🇸 Senators Bill Cassidy and Cynthia Lummis introduced the “Mined in America Act” to boost U.S. crypto mining, reduce reliance on foreign hardware, and codify a Strategic Bitcoin Reserve.
🚨 S&P 500 falls 0.71% to 6,323 while the Nasdaq drops 1.15% as markets ignore Powell’s no-hike signal.
🚨 David Bailey's Bitcoin treasury company Nakamoto Inc. sold 284 $BTC for ~$20M in March at an average price of $70,422 per $BTC, per its 10-K filing.
🔥 Ripple Prime has expanded its HyperLiquid integration with HIP-3 symbols, giving institutions onchain perps access to traditional assets like Gold, Silver, and Oil.
🚨Gold posts worst monthly decline since October 2008, down 15% in March despite Iran war entering week 5, oil-driven inflation shock crushes safe-haven trade.