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Quick Take Spot bitcoin ETFs in the U.S. saw $274.6 million in net inflows on Monday, the largest daily inflows since Feb. 4. Spot bitcoin ETFs experienced five straight weeks of net outflows totaling over $5 billion.
Bitcoin traders and analysts weigh potential BTC price targets as upside liquidity thickens and crowd sentiment increasingly fears sub-$70,000 levels.
Share link:In this post: A proposal calling for the adoption of XRP as a strategic financial asset has been published on SEC website. The highly ambitious proposal calls for regulatory overhaul for US government to integrate XRP. The proposal is not the SEC official position and has attracted criticisms from some people.
- 08:24Starknet is about to launch STRK Staking V2 voting, and plans to go live on the test network within a few weeksNews on March 20, Starknet announced that the official voting for STRK Staking V2 will start at midnight on March 21. This upgrade aims to allow validators to expand from running full nodes and monitoring the network, to sending block proofs, in order to assess their activity and lay the foundation for a consensus role planned for the end of 2025. At the same time, the proposal also introduced a transparent commission adjustment function to optimize economic incentives. This upgrade will be launched on testnet in the coming weeks and is planned to go live on mainnet in Q2 of 2025. Previous news stated that Starknet: The second phase of STRK staking will be launched as early as Q2 of 2025.
- 08:21Organization: The latest Federal Reserve statement and dot plot highlight the volatility of data and the uncertainty faced when restarting the interest rate cut cycleOn March 20th, Ryan Weldon, the portfolio manager of IFM Investment Company, stated that the Federal Reserve's statement and updated dot plot highlighted data volatility and uncertainty faced by the Fed when restarting a rate-cutting cycle. Weldon said: "Although the job market has stabilized and inflation seems to be slowly approaching its target, it will take several months of continuous data for the Fed to convince them to cut policy rates again." He also mentioned that the Fed needs to strike a balance between significantly lowered economic growth expectations and higher inflation expectations for 2025.
- 08:20Data: 100 million USDT transferred from CEX to AavePANews reported on March 20th, according to Whale Alert monitoring, 100,000,000 USDT (approximately 100.18 million USD) was transferred from CEX to the Aave platform at 15:16.