Archives: Fast News

  • A company intends to distribute additional cash dividends at a rate of 20%, raising the total dividend rate to 30%

    On March 6, ITD Technology Joint Stock Company (stock code: ITD) announced that it would seek shareholder approval to add a cash dividend of 20% for the year 2025, which, if approved, would increase the total payout rate to 30%. With approximately 26.2 million shares outstanding, ITD would need to pay at least 52 billion VND for this additional distribution. Previously, in February, the company paid an interim dividend for 2025 at a rate of 10%. If this proposal is approved, the total cash dividend for 2025 will reach 30%. ITD distributed dividends in shares during 2020, 2021, and 2024, but suspended this practice in 2022 and 2023. The company has not yet published the fourth-quarter financial statement for 2025. According to the third-quarter financial statement for 2025, ITD reported a revenue of 406 billion VND, up 14%, and a post-tax profit of over 85 billion VND, 4.3 times higher than the same period last year.

  • Nigel Farage acquires stake in Bitcoin company Stack BTC

    Nigel Farage, via Thorn In The Side Ltd, has bought shares at £0.05 each, representing 6.31% of Stack BTC’s total value. Blockchain.com is also involved as a strategic investor in this round.

    Farage envisions London as a major cryptocurrency hub and supports Stack BTC’s plan to create a corporate portfolio with a Bitcoin reserve.

  • Solana CEO highlights network benefits for stablecoin infrastructure

    The CEO of a stablecoin project stated that running stablecoins requires a secure, efficient, fast, and cost-effective blockchain network. According to the executive, Solana meets these requirements for stablecoin infrastructure development.

  • MultiversX ecosystem updates: Battle of Nodes event and platform milestones

    MultiversX announced several ecosystem developments this week. The Battle of Nodes event launches March 11, alongside the introduction of the MvX Agentic Hub and SpaceCraft SDK updates. The Philanthropify charity platform went live on the network. Current metrics show 9.17M accounts with 592M total transactions and 14.3M EGLD staked. The xPortal App has over 2.5M users with 100k+ staking EGLD, while xExchange maintains $4.26M in TVL with $1.8M in weekly trading volume.

  • MANTRA introduces simplified token migration from Cosmos to EVM

    MANTRA Chain has launched a new process to streamline token transfers from the Cosmos network to EVM-compatible chains. The update simplifies what was previously a multi-step migration process into a straightforward token movement mechanism. Users can now transfer MANTRA tokens between Cosmos and EVM networks without the complexity of traditional migrations.

  • UK two-year bond yield rises 25 basis points on rate hike expectations

    The UK two-year government bond yield increased by 25 basis points as market participants price in expectations for a rate hike from the Bank of England. The move reflects shifting sentiment around monetary policy tightening. Changes in UK rates and bond yields typically affect risk appetite across global markets, including cryptocurrency valuations, as investors reassess portfolios in response to shifts in real yields.

  • Crypto social media trends: women, international discussions dominate

    Social media sentiment tracking shows women-related discussions leading crypto conversations with a score of 1102.7, followed by international topics at 688.4. Other trending narratives include discussions around automation and process optimization, along with mentions of commodity pricing. The broader sentiment remains neutral as the crypto community engages with diverse themes spanning business efficiency and global markets.

  • Uniswap V3 WBTC-USDT pool on Arbitrum offers 50.54% APY

    The Uniswap V3 WBTC-USDT liquidity pool on Arbitrum is offering 50.54% APY with $11.16 million in total value locked. High APY in decentralized finance typically reflects elevated impermanent loss risk and market volatility; users should assess their risk tolerance and position size accordingly.

  • Bitcoin shows strong resilience as options trading signals eased market crash concerns

    On March 9th, QCP Capital noted Bitcoin’s strength as geopolitical tensions pushed oil prices above 115 USD, while Treasuries and gold failed as safe havens. The market sentiment shows easing crash fears, evidenced by moderating bearish inclinations in options trading.

    March has also seen high open interest in call options at 75,000 and 125,000, signaling a bullish sentiment for Bitcoin. The expectations for continued volatility suggest a market reassessment, with investors looking ahead to key economic data releases.

  • QCP: Rising tensions in Iran drive oil prices above 115 USD, creating risk-off sentiment globally

    The rise in oil prices, now over 115 USD, stems from escalating tensions in Iran, contributing to a risk-off atmosphere in global markets.

    Amid inflation fears, Treasuries and gold have weakened as the U.S. Dollar strengthens. Bitcoin (BTC) has exhibited resilience, showing options flows that suggest a preference for volatility hedging.