ETH has successfully broken through the 2,200 USD barrier, indicating a recovery from its recent lows, with current market data reflecting a significant increase in value.
Archives: Fast News
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Real world assets coverage surges 133% with 7 articles in 24 hours
News coverage of real world assets (RWA) has intensified significantly, with 7 articles published in the last 24 hours compared to 3 in the previous period. The surge coincides with broader market movements: the 2-year Treasury yield rose to 3.64 from 3.57, while Bitcoin climbed near $72,000 following remarks from the Treasury Secretary. Regulatory discussions are also in focus, with commentary from SEC Commissioner Hester Peirce advocating for simpler disclosure rules in the space.
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ETH set a new 30-day high
ETH reached 59,451,857 VNDC, changed 5.11% in the last 24 hours. Trading volume was $1.11b. Market capitalization was above $259.32b.
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CoinDesk 20 index rises 3.7% as all constituents gain
The CoinDesk 20 index climbed 3.7% with all 20 constituents posting gains. Sui (SUI) led the advance with a 6.7% increase, followed by Cardano (ADA) which rose 5.8%. The broad-based rally reflects positive momentum across the tracked assets.
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Ammalgam launches unified lending-trading DeFi protocol on mainnet
Ammalgam, a new DeFi protocol combining lending, borrowing, and trading functions, has launched on mainnet with strategy Vaults. The platform enables users to create unlimited trading strategies within a single liquidity system. The unified approach integrates multiple DeFi functions typically found across separate protocols.
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Market bulletin #3 (20:00 VN)
Total market cap reached $2.46T with 24-hour volume at $113.34B. Bitcoin dominance stands at 58.91%, while Ethereum holds 10.46%. BTC traded at $72.4K, up 2.78% in 24 hours and 3.30% weekly. ETH gained 3.13% daily to $2.1K. Among major movers, SOL surged 3.51% to $90.39, while DOGE jumped 4.79% to $0.10 and ADA rose 4.34% to $0.27. Top gainers included TRUMP (+46.41%), RENDER (+15.64%), and DEXE (+13.07%). Generative AI sector led sectoral gains at 10.93%, while NFTs & Collectibles grew 4.53% to $7.86B. ETH options showed elevated implied volatility at 81.6%, indicating heightened hedging activity. Treasury yields climbed with 2-year yield at 3.64 (up 2.0%) and 10-year at 4.21 (up 1.4%). Whale activity included significant USDT transfers from Kraken, though one $58.4M USDT inflow to Bybit signaled mixed sentiment. Babylon Protocol TVL declined 23.1% to $1.8B, suggesting profit-taking in DeFi positions. Overall market structure remains constructive with broad-based gains across major cryptocurrencies.
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UTime announces acquisition plan for Web3 platform Feixiaohao valued at 80 million USD
UTime, on March 13, revealed its intention to acquire Feixiaohao for up to 80 million USD, including 64 million USD in stocks and 16 million USD in cash.
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Prediction markets growth limited by resolution infrastructure capacity
Prediction market volume is expanding monthly, but growth is increasingly constrained by resolution infrastructure limitations. As markets scale, the ability to verify and settle outcomes becomes a critical bottleneck. Unclear or opaque resolution processes have pushed capital toward markets with more transparent outcome mechanisms, highlighting the need for improved settlement layers to support further expansion.
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Prediction markets will expand based on resolution infrastructure
Prediction markets are projected to grow to over 13 billion USD by late 2025, up from under 100 million USD in early 2024, highlighting their increasing importance in the financial landscape.
As liquidity concerns fade, trust in resolution mechanisms becomes paramount. Establishing clear rules and predictable resolutions will ensure enhanced participation and market reliability.
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VeChain legacy node rewards deadline March 15
VeChain announced that the old Rewards App will be discontinued on March 15, with any unclaimed rewards forfeited after the deadline. Legacy node holders are advised to claim outstanding rewards before the cutoff and migrate their nodes to the new StarGate system. Users can then delegate their nodes to validators to earn additional VTHO tokens.