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The crypto market has turned red again, with multiple double-digit losers.
Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum.
The price of LDO jumped briefly after an updated spot Ether ETF application from Fidelity which proposed to stake “a portion” of the fund’s ETH to generate additional income.
A signaling post will go live on March 19 and conclude on March 23
The token fell more than 25% after launching Monday morning
Financial giant Fidelity has amended its spot ether ETF application to include provisions for staking the cryptocurrency. “The Sponsor may, from time to time, stake a portion of the Fund’s assets through one or more trusted staking providers,” the company wrote in an amendment to its ETF application on Monday.
- 16:14Analyst: Long-term BTC holders are showing increasingly greedy signsAccording to a post by crypto analyst Ali on the X platform, long-term BTC holders are showing increasingly greedy signs. Historically, this behavior indicates that it may take 8-11 months for BTC to reach its market peak. If the trend continues, we might see potential peaks between June and September 2025.
- 16:13Data: The spot Bitcoin ETF bought approximately 34,860 BTC this weekAccording to data disclosed on the X platform by Cointelegraph, this week a total of approximately 34,860 BTC were bought in spot transactions on Bitcoin exchanges, while the number of Bitcoins mined this week was only about 3,150 BTC.
- 16:02In the past 8 hours, 6 new wallets have withdrawn 1110 Bitcoins from CEX, valued at $107.7 million USDAccording to Lookonchain monitoring, in the past 8 hours, 6 new wallets have withdrawn 1110 BTC from CEX, worth 107.7 million US dollars.
