Mainstream Crypto News and Updates

BlockBeats news, on March 28, according to OnchainLens monitoring, a giant whale address deposited 4 million USDC into HyperLiquid and began buying HYPE. Currently, the address has accumulated over 200 million dollars' worth of 56,208 HYPE, and there is still a TWAP (Time Weighted Average Price) order being executed, which is expected to complete further accumulation in about 10 hours.

Gate News bot message, a wallet associated with Chun Wang from F2Pool withdrew 9,000 ETH valued at $17.86 million from centralized exchanges 8 hours ago and deposited the funds into Aave. The wallet currently holds 79,818 ETH, worth approximately $158.72 million.

As of March 27, the SOL spot ETF had a net outflow of $7.8369 million for the day, mainly caused by the Bitwise Solana Staking ETF, with a total net asset value of $810 million and historical net inflows reaching $986 million.

Bitcoin holders, particularly "whales" and "sharks," have increased their positions by 61,568 BTC over the past month, maintaining confidence amidst market volatility and geopolitical tensions. However, persistent excitement among retail investors poses a challenge for price growth. A situation is ideal for a bullish cycle when large wallets accumulate while small ones sell, indicating the market needs a psychological reset for a breakout.

Trump stated at the Future Investment Initiative Summit that the United States will become a global superpower in cryptocurrency, emphasizing the importance of Bitcoin and the acceleration of payment trends. He pointed out that the U.S. needs to maintain a leading position in the fields of crypto assets and financial innovation to ensure its dominance in the global financial system.

Citigroup lowers its 12-month target prices for Bitcoin and Ethereum, indicating that its medium-term outlook for the crypto market has turned cautious, mainly because progress on U.S. crypto-asset legislation has been slow. Its Bitcoin target is reduced from $143,000 to $112,000, and its Ethereum target is lowered to $3,175. Although there is still room for upside in the future, the lack of new policy catalysts means prices could trade within a range in the short term. Citigroup is even more cautious in its assessment of Ethereum, saying it is more heavily influenced by on-chain activity.

South Korea’s banking industry is actively strengthening cooperation with cryptocurrency exchanges to deal with constrained loan growth and to seek new profit opportunities. Several banks have established partnerships with exchanges, despite historical incidents involving mistaken Bitcoin airdrops. Regulators plan to expand their regulatory authority, which could intensify competition among banks.

The debate around Miladys and loyalty pledges is creating an unnecessary cultural rift within the Ethereum community. Critics argue these pledges deepen divisions instead of fostering unity, while others see such discussions as inevitable in an open ecosystem. Ongoing conflicts may detract from critical issues like infrastructure development and user experience.

Gate News report, on March 28, in Miami, Florida, President Trump stated at the Future Investment Initiative (FII) summit that Bitcoin is very powerful, and the United States must stay ahead in this trend. He emphasized that many people currently want to use virtual assets (especially Bitcoin) for payments, and the U.S. must be at the forefront of this trend.

Morgan Stanley plans to launch a spot Bitcoin ETF with a fee of 0.14%. If approved, it will become the lowest fee Bitcoin ETF in the market. Currently, most Bitcoin ETFs in the market have fees ranging from 15 to 25 basis points.

Ripple remains one of the most talked-about projects in the crypto space, driven by constant developments across its ecosystem. Despite the ongoing market correction, XRP (the company’s native token) has posted weekly gains, whereas some key indicators suggest a more substantial rally could be on t

Ripple announced the integration of AI in optimizing the security, safety, resilience, and transparency features of the XRP Ledger. The move comes at a crucial moment, as the ledger is experiencing unprecedented adoption across payments, tokenization, DePINs, and other use cases. XRP Ledger