BlockBeatNews

BlockBeats news, on March 13, President Trump of the United States stated that the United States will respond to the EU's retaliatory tariffs. (Golden Ten)

BlockBeats news, on March 13, according to official sources, the US SEC once again postponed the decision on the Fidelity SpotEther ETF Options trading.

The SEC and Ripple case may come to a quick end, and the latency is due to Ripple seeking more favorable terms, possibly related to the views of the new SEC leadership. Ripple may be willing to accept the ruling, but there are doubts about the SEC's own misconduct. The reasons for the delay in the case are unclear, and we look forward to further developments.

Dragonfly's report indicates that due to geographical blockades, American users may potentially lose as much as $1.9 billion to $2.64 billion in income. It is estimated that by 2024, approximately 22-24% of the global active encryption addresses will belong to US residents. The study found that approximately 1.9 million people participated in a sample of 11 projects, with a total airdrop value of $71.6 billion. These airdrops are estimated to result in federal tax losses ranging from $418 million to $1.1 billion, as well as state tax losses.

Ark Invest stated in its latest report that despite the market Fluctuation, it remains optimistic about the long-term prospects of BTC. They believe that policy and technological breakthroughs will drive the value of BTC, while relaxed regulation and tax cuts may be key to market recovery. It is pointed out that the market sentiment is overly pessimistic.

The Solana community is voting on proposal SIMD-228 to reduce SOL staking inflation. The proposal aims to introduce a dynamic inflation model to balance network security and economic efficiency. It has far-reaching implications for the future development of Solana, and the community is discussing its approval. Lily Liu, Chair of the Solana Foundation, is participating in an AMA to discuss the proposal and the future of Solana.

Glassnode's data shows that the cost basis distribution of ETH indicates a possible support level. In the short term, $1900 may become a support level, while $2200 is a potential resistance level. Additionally, there is a small supply gap between $1900 and $2200, supporting a short-term pump of ETH to the resistance level.

BlockBeats news, on March 12th, after the CPI data was released, traders increased their bets that the Fed will cut interest rates at least twice this year. It is still expected that the Fed will resume rate cuts in June. (Golden Finance)

BlockBeats news, on March 12th, after the CPI data was released, the US Dollar Index DXY plummeted more than 30 points in the short term, now at 103.34.

The latest retaliatory tariffs from the European Union have intensified macroeconomic uncertainty, and cryptocurrency analysts predict that the BTC price fluctuation will increase. Nansen's chief research analyst pointed out that tariff concerns may limit traditional and crypto market until April 2. Tariff noise may persist until negotiations take place, affecting risk appetite. Although the stock market and BTC currently appear stable, monitoring needs to continue.

BlockBeats news, on March 12th, according to market data, US encryption stocks rose across the board in pre-market trading, including: · COIN rose 6.9%, now priced at $191.69 · MSTR rose 8.91%. Now priced at $260.59 · RIOT rose 2.12%, now priced at $7.72 · IBIT rose 5.19%, now priced at $47.24

BlockBeats news, on March 12, the futures of the three major U.S. stock indexes expanded the rise, with the Nasdaq 100 index futures expanding by 1%, the Dow Jones index futures rising by 0.63%, and the S&P 500 index futures rising by 0.83%.

The Hyperliquid platform has confirmed the ETH long Position issue for user 0xf3f4, and pointed out that it is not a protocol vulnerability or Hacker attack, but rather Margindrop liquidation caused by user withdrawal. The user ultimately made a profit of $1.8 million, while HLP suffered a loss of approximately $4 million. The platform has adjusted the maximum leverage for BTC and ETH to increase the maintenance requirements for large Holdings, ensuring better buffering.

BlockBeats news, on March 12, according to GMGN market data, pump.fun only has 1 token with a market cap of over 1 million US dollars in the past 24 hours, and the on-chain speculation frenzy has cooled extremely.

Hyperliquid Treasury suffered a short-term loss of over 4 million dollars due to the 'Hyperliquid 50x leverage Whale' getting liquidated with 160,000 ETH. During the liquidation process, the 160,000 ETH was closed at $1,915, and the loss was borne by Hyperliquid Treasury.

BlockBeats news, on March 12th, according to on-chain analyst Yu Jin's monitoring, the 'Hyperliquid 50x leverage Whale' closed its 175,000 ETH Position, making a profit of 1.86 million US dollars today. Recently, he has earned 15.01 million US dollars by trading BTC and ETH with 50x leverage.