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Bitcoin

Unveiling the Rollercoaster: Bitcoin’s Fate Amid Tumultuous Treasury Markets

Unveiling the Rollercoaster: Bitcoin’s Fate Amid Tumultuous Treasury Markets

2025-03-12
U.S. Treasury market volatility has surged, impacting global financial markets and causing tremors in the cryptocurrency sphere. Bitcoin is currently near $82,000 with potential pressures to move beyond $90,000, influenced by economic conditions and market sentiment. The Merrill Lynch Option Volatility Estimate (MOVE) Index has increased by 38% over three weeks, signaling increased risk and reduced liquidity. Investors are hopeful

Ethereum

Blockchain

Binance Gets a Lifeline: $2 Billion Infusion from Abu Dhabi’s AI Giant MGX Amid U.S. Legal Turmoil

Binance Gets a Lifeline: $2 Billion Infusion from Abu Dhabi’s AI Giant MGX Amid U.S. Legal Turmoil

2025-03-12
Binance secures a $2 billion investment from MGX, an AI-centered investor in Abu Dhabi, marking its first institutional funding. This investment signifies a fusion of blockchain, AI, and finance, advancing towards a futuristic digital economy. Despite facing a $4.3 billion penalty for regulatory breaches, Binance’s growth trajectory remains robust. Richard Teng, Binance’s new leader, leverages his regulatory expertise to steer