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European cryptocurrency exchange Bitpanda is launching Vision Chain, a blockchain network designed for the European regulatory landscape, CoinDesk reported. Built in partnership with the Vision Web3 Foundation and Optimism (OP), the network aims to provide infrastructure for banks and fintech firms to issue and settle tokenized assets in compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation.

European Central Bank (ECB) President Christine Lagarde has stated that interest rates could be raised as early as April if the inflationary shock from the war in Iran spirals out of control. Speaking at a conference, she said the ECB is "prepared to adjust rates at any time, if necessary."

Donald Trump's re-election in the first half of last year has opened a veritable cash machine for his family. In just the first six months after he took office, the family amassed $800 million from its cryptocurrency ventures alone. Within the first year of his presidency, their crypto-related profits surpassed $1.4 billion. As a result, intangible digital assets now account for over 20% of the family's total wealth. The share of real estate, their traditional core business, has plummeted from 79% to less than half, with the gap being filled by crypto earnings backed by their political influence. Note: The CoinNess Daily Report selects and analyzes one key crypto industry issue each day. Stay ahead of the curve with CoinNess.

Hans Thomas, a director at the Nasdaq-listed CEA Industries, which focuses on investing in BNB, resigned on March 20, BeInCrypto reported. The move comes as YZi Labs (formerly Binance Labs), led by Binance founder Changpeng Zhao, pushes for a change in CEA's management. YZi Labs had repeatedly raised concerns that an asset management agreement between CEA and 10X Capital Asset Management, where Thomas also served as CEO, was a burden on shareholder value. However, an SEC filing stated that the resignation was not due to any internal disagreements.

Regulations restricting shareholding in virtual asset exchanges have strong unconstitutional elements from the perspective of protecting fundamental rights, according to former Constitutional Court Justice Lee Young-jin, Digital Asset reported. Speaking today at a seminar in Seoul hosted by the Korean Constitutional Law Association, Lee argued that it is difficult to justify the National Assembly retroactively imposing restrictions that would deprive well-run private companies and individuals of their ownership and freedoms simply because it perceives a problem.

An anonymous address deposited 719 BTC, worth $51.29 million, to Binance about 13 minutes ago, according to Whale Alert.

Metaplanet, a publicly listed Japanese company that has been accumulating Bitcoin, announced on X that it will launch the Metaplanet Card, a credit card exclusively for its shareholders. The card, which will be available this summer, is designed to convert spending into investment by automatically rewarding users with Bitcoin equivalent to 1.6% of their purchase amount.

South Korea's agricultural and livestock cooperatives (Nonghyup) are considering joining a consortium to issue a won-backed stablecoin, SBS Biz reported. The National Agricultural Cooperative Federation launched a consulting initiative today on a stablecoin response strategy for its mutual finance division. An official from the cooperatives stated that while they do not plan to enter the stablecoin business directly, they are developing a strategy to adapt as the entire financial sector, led by banks, moves into the space.

Cryptocurrency exchange and wallet provider Blockchain.com announced it has opened an office in Malta. The company has obtained a Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority (MFSA), and the new office is expected to serve as a hub for its business expansion across Europe.

Executives of 'Aha Group' have received heavy sentences in an appeals trial for orchestrating a large-scale cryptocurrency investment scam that promised high returns, the Busan Ilbo reported. The group defrauded over 2,000 people of more than 40 billion won. The Changwon branch of the Busan High Court sentenced two individuals, identified as A and B, to 12 and nine years in prison, respectively, on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. A and B were the chairman and president of Aha Group, based in Changwon, South Gyeongsang Province. They were found guilty of forming an unregistered multi-level marketing organization in 2016 and collecting approximately 46.8 billion won from 2,138 victims. In their initial trial, they were sentenced to 13 and 10 years, respectively. They appealed the verdict, arguing that the sentences were too severe.

Salman Banaei, head of legal at the regulated real-world asset (RWA) blockchain project Plume, is scheduled to attend a U.S. House Financial Services Committee hearing on the future of tokenized securities at 2:00 p.m. UTC today. He is expected to highlight the issue of tokenization market infrastructure moving offshore due to policy uncertainty and will urge Congress to take more proactive measures. Witnesses from the Depository Trust & Clearing Corporation (DTCC), Nasdaq, and the Securities Industry and Financial Markets Association (SIFMA) will also attend the hearing. Plume, the sole Web3 project participating, is set to call for congressional support to ensure U.S. leadership in the tokenization infrastructure sector. The hearing will be live-streamed on the committee's official YouTube channel.

An anonymous whale address that had been dormant for seven months deposited approximately 51,750 SOL, worth around $4.75 million, to Binance and sold at a loss, Onchain Lens reported. The address had previously purchased about 50,000 SOL for $9.12 million for staking, resulting in an estimated loss of $4.37 million.

The recent supply-demand imbalance in Bitcoin is worsening, according to an analysis by Mignolet, a CoinNess Content Creator (CC) and crypto analyst. He noted that this trend differs from previous instances where the imbalance gradually eased after a market downturn, and instead resembles the pattern observed when BTC was in the $80,000 to $90,000 range. While some indicators suggest a potential bottom is forming, Mignolet believes there is not yet enough market liquidity to drive a genuine trend reversal. He added that although a short-term price rebound could stimulate investor sentiment, it is likely to result in a bull trap.

On-chain analyst ZachXBT reported that Circle (USDC) and Tether (USDT) have simultaneously frozen addresses linked to the Iranian cryptocurrency exchange Wallex. The addresses hold $2.49 million in cryptocurrency.

Binance has announced it will delist nine spot trading pairs at 3:00 a.m. UTC on March 27. The affected pairs are ALT/BTC, CYBER/BNB, CYBER/ETH, CYBER/FDUSD, JUV/USDC, 币安人生/TRY, LSK/BTC, SAND/BTC, and VET/BTC.

Crypto market maker Wintermute has launched an over-the-counter (OTC) contract for difference (CFD) product for West Texas Intermediate (WTI) crude oil, CoinDesk reported. Investors can use both fiat and cryptocurrencies as collateral, and no trading fees are charged.

DV8, a publicly traded distributor in Thailand, has announced a plan to accumulate a total of 10,000 BTC by 2028, with an initial goal of purchasing 1,000 BTC this year. The company also intends to acquire crypto custody wallet service provider Rakkar Digital. The move follows a plan DV8 announced last July to adopt the model of Strategy, a company known for stockpiling Bitcoin.

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: 50.09% long, 49.91% short - Binance: 50.13% long, 49.87% short - OKX: 50.9% long, 49.1% short - Bybit: 50.75% long, 49.25% short

Recent net Bitcoin outflows from exchanges could signal investor accumulation activity, Cointelegraph reported, citing multiple analysts. In a contribution to CryptoQuant, crypto analyst Darkfost noted that exchange withdrawal trends were dominant throughout March, except when BTC was trading around $76,000. This suggests, he said, that genuine accumulation occurred as investors bought BTC on exchanges and moved it to private wallets. Nick Ruck, director of research at LVRG, said such outflows are a sign of long-term accumulation rather than speculative trading, showing a lack of intent to sell amid market volatility. Similarly, Jeff Mei, chief operating officer (COO) at BTSE, analyzed that it is a natural result for investors to accumulate BTC, as it has shown better gains than stocks and gold amid geopolitical crises.

Open-source cryptography developer Zama has launched a privacy infrastructure for real-world assets (RWA) on the T-REX Ledger, The Block reported. T-REX Ledger is a blockchain backed by asset manager Apex Group, which has $3.5 trillion in assets under management, and aims to onboard $100 billion in tokenized assets by June 2027. Zama stated that its Fully Homomorphic Encryption (FHE) technology allows institutions to keep sensitive financial information like transaction details, balances, and positions private while still processing transactions via smart contracts to ensure regulatory compliance. The company explained that its solution adds a privacy layer without altering existing structures, emphasizing that for public chains to attract institutional funds, privacy is as essential as regulatory compliance.

Users of prediction markets are experiencing higher rates of loss compared to those on sports betting platforms, CoinDesk reported, citing data from analytics firm Juice Reel. According to the data, the median return for prediction market users was -8%, a higher loss rate than the -5% recorded for sports bettors. Notably, large-scale traders in prediction markets who dealt in volumes over $500,000 achieved a 2.6% return, performing at the level of professional traders. In contrast, all users trading under $500,000 recorded losses, with small-scale traders dealing in less than $100 seeing the highest loss rate at -26.8%. The outlet explained that while sports betting platforms often limit or ban highly successful players, prediction markets do not. This places individual investors at a disadvantage, as they must compete directly against professional traders and market makers.

Ripple has joined BLOOM, a cross-border payment sandbox led by the Monetary Authority of Singapore (MAS), CoinDesk reported. The company has partnered with supply chain fintech provider Unloq to pilot a system where trade payments are automatically settled in its RLUSD stablecoin once pre-set conditions, such as shipment confirmation, are met.

Trading volume on the HIP-3 market of decentralized crypto derivatives exchange Hyperliquid (HYPE) reached an all-time high of $5.4 billion on March 23, according to data from on-chain platform Artemis. The volume breakdown included: - Silver: $1.3 billion - WTI Crude Oil: $1.2 billion - Brent Crude: $940 million - Gold: $558 million - Nasdaq: $370 million - S&P 500: $271 million The HIP-3 platform has been gaining popularity as it allows anyone to create a market directly on-chain by staking HYPE. Its key advantages include 24/7 operation, unlike traditional financial futures, and a focus on perpetual contracts. The surge in activity comes as trading volume for commodity-based futures has increased significantly amid rising tensions in the Middle East.

Cardano (ADA) is exhibiting conditions similar to those that preceded a past rally of over 300%, CoinDesk reported. The 365-day Market Value to Realized Value (MVRV) ratio, which reflects the average profit or loss of investors who purchased ADA in the last year, currently stands at -43%. Additionally, the weekly average funding rate for ADA on Binance has dropped to its lowest level since June 2023, signaling the most significant buildup of short positions in three years. CoinDesk noted that if the price begins to rise, this concentration of shorts could trigger a squeeze, forcing traders to buy back their positions and potentially causing an unexpected rally.

Nasdaq-listed biopharmaceutical company Enlivex has secured $21 million to purchase additional RAIN, the native token of Rain Protocol, Cointelegraph reported. The company also announced it has approved a $20 million share buyback plan. Rain is a prediction market protocol based on Arbitrum (ARB).