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A labor union has been established at the South Korean cryptocurrency exchange Bithumb, Newshoo Plus reported exclusively. The new Bithumb Labor Union is reportedly affiliated with the National Public Workers' Union Federation, which is under the Federation of Korean Trade Unions. The union plans to serve as a consultative body for matters concerning employee welfare and working conditions. Bithumb stated that it is currently confirming the details of the union's formation. The company added that it respects its employees' rights and plans to respond diligently in accordance with relevant laws and procedures.

Kodiak, the largest decentralized exchange (DEX) on Berachain, has integrated dSLTP, a new decentralized stop-loss and take-profit protocol from the Israeli blockchain project Orbs. The integration allows Kodiak users to set stop-loss and take-profit orders for all swap trades, enabling precise risk control without relying on centralized infrastructure. Built on Orbs' decentralized Layer 3 infrastructure, dSLTP operates without central servers. The protocol is permissionless, allowing any DEX to integrate automated stop orders without needing off-chain executors. It automatically executes sales when a preset price is reached.

The market for tokenized real-world assets (RWA) has grown by approximately 66% this year to $23.6 billion, Cointelegraph reported, citing data from DeFiLlama. According to the data, tokenized funds based on U.S. Treasurys, bonds, and money market funds make up the largest segment at about $10.5 billion, or 44.5% of the total. This was followed by tokenized gold and commodities at around $6.5 billion and tokenized stocks at $4 billion. Other sectors, such as private credit and yield-bearing products, accounted for a relatively small share.

Bitcoin is in a phase of very high uncertainty, with various on-chain signals indicating more hesitation than conviction among investors, according to a post on X by Julio Moreno, a senior analyst at CryptoQuant. He highlighted three key metrics to support his analysis: - The Apparent Demand indicator, which reflects actual market demand, briefly recovered from a deep negative territory but failed to sustain momentum, suggesting a lack of consistent buying pressure. - CryptoQuant's proprietary Bull-Bear Cycle indicator is showing only short-term volatility without a clear directional trend. - The Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) recently dipped below one, indicating that long-term holders have begun selling at a loss. Moreno added that Bitcoin is currently in the most frustrating stage of its cycle, characterized by a lack of clear direction.

The daily trading volume for STRC, the perpetual preferred stock of MicroStrategy (MSTR), reached an all-time high of $409 million, Cointelegraph reported via X. Under its corporate policy, MicroStrategy may issue and sell STRC to fund additional Bitcoin purchases. STRC features a variable annual dividend rate of 11.25%, with monthly adjustments designed to keep the share price near its $100 par value. The company has consistently employed this strategy of issuing preferred stock to raise capital for buying Bitcoin.

Bitcoin price volatility is expected to increase next week as central banks in seven major countries, including the U.S. Federal Reserve, are scheduled to make interest rate decisions, CoinDesk reports. The series of announcements will begin with the Reserve Bank of Australia (RBA) on March 17, followed by decisions from the Fed, the Bank of Japan (BOJ), the Swiss National Bank (SNB), and the European Central Bank (ECB). Surging oil prices, driven by heightened geopolitical tensions, have reignited inflation concerns, raising the possibility of rate hikes by these central banks. A hawkish, pro-tightening stance could lead to a decline in BTC's price. However, if the banks maintain a neutral or wait-and-see approach, BTC could see a potential rally. The report noted that the decisions from the U.S. and Japanese central banks will be particularly influential, potentially serving as a significant turning point for Bitcoin.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.04% long, 49.96% short - Binance: 50.43% long, 49.57% short - OKX: 49.43% long, 50.57% short - Bybit: 50.33% long, 49.67% short

An anonymous whale withdrew 4,628 ETH, worth $9.37 million, from Binance about 15 minutes ago, according to on-chain analyst ai_9684xtpa. Withdrawals from exchanges are typically interpreted as a sign of intent to hold.

Are the Trump administration's unconventional moves a boon or a bane for the cryptocurrency market? This report analyzes six pivotal moments that have influenced Bitcoin's price, from pre- and post-inauguration crypto acquisitions to market-shaking tariff policies. Discover the key investment insights into the correlation between the coin market and 'Trumpnomics'—a force that has evolved from mere statements into a significant macroeconomic variable. Note: The CoinNess Daily Report analyzes one key issue in the cryptocurrency industry each day. Upgrade your market intelligence with CoinNess.

U.S. President Donald Trump's net worth has increased by $1.4 billion over the past year, driven by his cryptocurrency ventures, Forbes reported. His net worth now stands at $6.5 billion, placing him 645th among the world's 3,428 billionaires. Trump is estimated to have earned a net profit of approximately $550 million in the last year from tokens issued by World Liberty Financial (WLFI). He is also estimated to have made an additional $200 million by selling a 49% stake in the company to Aryam Investment, a firm backed by Sheikh Tahnoon Bin Zayed Al Nahyan, a member of the UAE's royal family and the country's National Security Advisor.

Whale Alert reported that 1,000,000,000 USDT has been transferred from Binance to an unknown wallet. The transaction is valued at about $1,000 million.

South Korean crypto exchange Upbit plans to revamp its coin lending service as early as next month, SBS Biz reported. The service allows users to borrow virtual assets against collateral to generate returns, similar to margin trading in the stock market. Previously, Upbit, like its domestic rival Coinone, only accepted the Korean won as collateral. The update will allow users to use virtual assets as collateral, a feature already offered by other major South Korean exchanges Bithumb and Korbit. Additionally, Upbit has adjusted its liquidation threshold, triggering a forced liquidation if the collateral's value falls to 95% of the loan amount. The specific virtual assets that will be accepted as collateral and their respective loan-to-value ratios are reportedly still under discussion.

Park Yong-jin, vice chairman of South Korea's Presidential Committee for Regulatory Rationalization, has warned that prioritizing convenience for digital asset operators could undermine investor protection. Digital Asset reported that he made the comments during an appearance on the YouTube show 'JTBC Genreman Yeouido.' Park stated that while all financial businesses ask for autonomy, they cannot be allowed to operate without oversight. He added that incidents like the recent Bitcoin issue at Bithumb highlight the risks, noting that there are too many cases where favoring operators leads to a failure to protect investors.

South Korean crypto exchange Upbit announced it will list ICP for trading against the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT) at 8:00 a.m. UTC today.

South Korea's National Tax Service (NTS) has begun building a virtual asset integrated analysis system to track taxpayer transaction flows by analyzing combined data from exchanges and blockchains, Decenter reported. The agency has posted a bid for the system's construction on the Public Procurement Service's online portal. The NTS plans to begin full-scale operation of the system next January, coinciding with the scheduled start of cryptocurrency taxation, following a period of integrated testing and pilot operations.

The Seoul Gangnam Police Station was the only agency found to have had virtual assets stolen during a nationwide inspection of 279 law enforcement bodies in January, Newsis reported. The inspection, conducted by the National Police Agency's Cyber Terror Response Division, reviewed the crypto seizure and storage practices of 18 provincial and metropolitan police agencies and 261 police stations. Among them, only the Gangnam station had violated security protocols leading to a loss of assets. The crypto holdings of the remaining 278 agencies were confirmed to be securely stored.

According to Lookonchain, a new address (3CziMF) withdrew 2,000 BTC ($140 million) from Coinbase approximately 24 minutes ago before depositing the entire amount to Coinbase Prime about eight minutes ago. Coinbase Prime is a prime brokerage platform that handles large-scale transactions and custody for institutional investors.

As Bitcoin sentiment turns bullish, option traders are increasingly betting on the cryptocurrency reaching $80,000, CoinDesk reported. Nick Foster, founder of the on-chain options platform Derive, noted that current option prices imply a roughly 35% chance of Bitcoin surpassing $80,000 by the end of June. He explained that the recent option price structure and the recovery in skew—the difference in implied volatility between call and put options—suggest traders are pricing in a potential rebound to the $80,000 level between June and September. Foster added that while there were past concerns about a potential crypto market collapse, the derivatives market indicates these fears were overstated. He pointed to the BTC skew, a key sentiment indicator in the options market, which has sharply rebounded from approximately -25% to its current level of 10%, signaling a shift away from aggressive downside hedging.

U.S. Democratic lawmakers have introduced a bill to ban prediction market contracts related to war, death, and assassinations, Decrypt reported. The bill, put forward by California Senator Adam Schiff and Representative Mike Levin, would prohibit any institution registered with the U.S. Commodity Futures Trading Commission (CFTC) from listing contracts involving events such as terrorism, war, or death. Previously, Democratic lawmakers had sent a letter to the CFTC urging it to sanction specific prediction market contracts that are directly linked to human casualties or that threaten national security.

Chen Zhi, chairman of Prince Group and the alleged mastermind behind a 'pig butchering' scam in Cambodia, has asked a U.S. court to dismiss a lawsuit over Bitcoin seized by the U.S. government. According to Bloomberg, Chen's legal team filed documents with a New York federal court, challenging the seizure on procedural grounds related to its timing. They argued that the assets could not be the proceeds of fraud or money laundering. The U.S. Department of Justice had previously seized 127,271 BTC, valued at approximately $15 billion, belonging to Chen.

U.S. spot Ethereum ETFs recorded a net inflow of $12.6 million on March 10, according to data from Farside Investors. This marks a return to net inflows after three consecutive days of net outflows. - Fidelity's FETH: +$10.7 million - Grayscale's Mini ETH: +$1.9 million

The price of Ethereum (ETH) and its network fees have shown a sluggish trend even as network activity has surged, CoinDesk reported, citing a report from crypto on-chain analytics firm CryptoQuant. The report noted that Ethereum's daily active addresses approached nearly two million last month, surpassing records set during the 2021 bull market, while smart contract calls also topped 40 million per day. However, the price of ETH fell by approximately 30% over the same period. The analytics firm suggested that selling pressure appears to have increased as the volume of ETH moving to exchanges has grown faster than that of BTC.

Nasdaq-listed company Solmate (SLMT) is establishing a Solana hub in the United Arab Emirates (UAE) as part of a corporate restructuring, The Block reported. The company plans to amend its articles of incorporation to officially include blockchain infrastructure and digital asset treasury operations as its core businesses. This move is an extension of a corporate transition that began last September, when Solmate rebranded from a soccer club owner to a Solana infrastructure provider.

Binance founder Zhao Changpeng has refuted a Forbes report on its "World's Billionaires" list. In a post on X, Zhao stated that while he had not read the full article, a glance at the accompanying chart was enough to see it was incorrect. He questioned how his net worth could have increased when cryptocurrency prices have fallen by more than 50% this year, urging the publication to apply common sense and basic logic. Forbes had previously reported that Zhao's net worth had reached $110 billion, placing him 17th on the global rich list and ahead of Microsoft founder Bill Gates.

YZi Labs, formerly known as Binance Labs, has issued a warning to users after detecting suspicious activity on the old Binance Labs X account. The firm urged users not to interact with any posts, links, or direct messages from the account and advised them to unfollow it.