Bloomberg analyst: Bitcoin is currently overvalued relative to gold and may usher in a "big reset"
Bloomberg's senior commodity strategist Mike McGlone said that the price of Bitcoin relative to gold may have already peaked, and a major reset may be imminent now. His analysis indicates that by 2024, the ratio of Bitcoin to gold (i.e. how many ounces of gold equal 1 BTC) will peak at 40 times, meaning the value of one Bitcoin will be 40 times that of one ounce of gold. However, McGlone seems to believe that this situation may not be sustainable and is likely to reverse by 2025.
2025-03-25 14:02:19
Qwen releases Qwen2.5-VL-32B multimodal model, with performance exceeding that of the 72B large model
according to the Qwen team announcement, the Qwen2.5-VL-32B-Instruct model has been officially open-sourced, with a parameter scale of 32B, demonstrating excellent performance in tasks such as image understanding, mathematical reasoning, and text generation. The model has been further optimized through reinforcement learning to provide responses that better align with human preferences, surpassing the previously released 72B model in multimodal evaluations such as MMMU and MathVista.
2025-03-25 13:02:01
timothy0x.eth suspected to have opened a position of 1,553 ETH half an hour ago
according to on-chain data analyst @ai_9684xtpa monitoring, half an hour ago timothy0x.eth allegedly opened a position of 1553 ETH, worth 3.2 million USD, with an average price of about 2063 USD.
2025-03-25 13:02:00
GMGN Lianchuang: The problem of being unable to buy and sell on the web page may be due to too many browser plug-ins
GMGN Haze responded to "opening web pages that are stuck, sometimes having problems with buying and selling" by saying that it is generally caused by too many browser plugins leading to webpage crashes, webpage stuck, affecting performance, and also interfering with webpage loading.
2025-03-25 13:01:58
Alibaba's Joseph Tsai: AI data center construction may be a "bubble"
On March 25th, according to Bloomberg, Alibaba Chairman Tsai Chongxin said at the HSBC Global Investment Summit in Hong Kong that the AI data center construction boom is showing signs of a "bubble," warning that the current investment speed has exceeded the actual growth in AI demand. He pointed out that many projects start financing and construction without confirming customers, especially in the United States, where tech giants plan to invest billions of dollars, raising concerns of excessive early deployment. Tsai said, "When people start building data centers without clear usage agreements, I start to worry."
2025-03-25 13:01:57
Ethereum spot ETF had zero inflow yesterday and remained stable
according to SoSoValue data, on March 24th, Eastern Time, nine Ethereum spot ETFs had no net inflows or outflows for the whole day, showing zero change. Currently, the net asset value of Ethereum spot ETF is $7.17 billion, accounting for 2.85% of the total market value of ETH, with a cumulative historical net inflow of $2.42 billion.
2025-03-25 13:01:55
Cumberland deposited 117.54 million stablecoins into CEX in the past 24 hours
according to The Data Nerd monitoring, in the past 24 hours, Cumberland has deposited a total of 117.54 million stablecoins into trading platforms (Binance, OKX, Kraken, Bybit, Coinbase), including: ·29.8 million USDT ·87.34 million USDC
2025-03-25 13:01:54
Vest Labs Completes $5 Million Seed Round of Financing, with Amber Group, QCP Capital and Other Investors
Vest Labs, a financial infrastructure company based on real-time risk pricing, has announced the completion of a $5 million seed round financing, with participation from Jane Street, Amber Group, Selini Capital, QCP Capital, and Big Brain Holdings. The new funds will be used to support its construction of a real-time, verifiable risk pricing model based on zero-knowledge proofs to enhance financial market transparency and efficiency, and will also launch a perpetual futures trading platform supporting Arbitrum, Solana, Base, and other L2 solutions.
2025-03-25 13:01:51
US SEC Commissioner: The crypto industry needs clear and reasonable regulatory authority boundaries
when asked about regulatory issues, Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the cryptocurrency industry needs clear and reasonable regulatory boundaries.
2025-03-25 12:01:05
The whale spent nearly $2.8 million to buy 4.91 million FARTCOIN
On March 25th, according to Onchain Lens monitoring, a whale used a total of $1 million USDC and 12,665 SOL (about $1.78 million) yesterday, totaling nearly $2.8 million in funds, to purchase 4.91 million FARTCOIN.
2025-03-25 12:01:03
Bithumb newly lists Redstone (RED) and Nilion (NIL)
On March 25th, according to official sources, the South Korean cryptocurrency exchange platform Bithumb has added Redstone (RED) and Nilion (NIL) for trading.
2025-03-25 12:01:01
CRO surges more than 30% due to partnership with Trump Media Group
On March 25th, according to market data, influenced by the news of collaboration between Trump Media and Technology Group, the platform coin CRO of Crypto.com rose by over 30%, now priced at $0.1066.
2025-03-25 12:01:00
OpenAI updates voice assistant features to improve conversational experience and reduce interruptions
according to TechCrunch, OpenAI announced an update to the "Advanced Voice Mode" of the ChatGPT voice function, improving the personal performance of the voice assistant and reducing interruptions when users are thinking or pausing. Free users can now naturally pause conversations without being interrupted, while paid users will receive a more expressive, direct, and creative voice interaction experience.
2025-03-25 12:00:58
Zhao Changpeng: The stablecoin USD1 launched by WLFI is not yet tradable, beware of scams
Binance founder CZ posted on social media, "Someone told me that since forwarding the post 'WLFI is suspected to have issued stablecoin USD1 on BNB Chain', many scammers have created coins with the same name. The USD1 token issued by WLFI official is not yet tradable. Please do not be deceived."
2025-03-25 11:02:35
US Bitcoin spot ETFs saw a net inflow of $84.2 million yesterday
according to data monitored by TraderT, the net inflow of US Bitcoin spot ETF was $84.2 million yesterday.
2025-03-25 11:02:32
Japanese crypto exchange Coinbook has been fully acquired by BACKSEAT Co., Ltd.
reported by CoinPost, the Japanese cryptocurrency exchange coinbook, which went online in 2023 with NIDT, has been fully acquired by BACKSEAT Co., Ltd. and will be renamed "BACKSEAT Cryptocurrency Asset Exchange Co., Ltd." on April 21. The official website will also be moved to backseat-exchange.com. The new management team will focus on promoting the development of Web3 and expanding blockchain business as core strategies.
2025-03-25 11:02:31
WLFI sold 184,000 ENA in exchange for 0.794 WBTC
On March 25th, according to on-chain analyst Yu Jin's monitoring, the DeFi project WLFI supported by the Trump family sold 184,000 ENA tokens in the past day, exchanged for 0.794 WBTC tokens (approximately $69,000). The project previously raised funds by selling WLFI tokens and invested in 11 different tokens, with most of them transferred to Coinbase Prime. It is still unclear whether they have been sold. Currently, ETH and WBTC account for 87% of WLFI's investment portfolio.
2025-03-25 11:02:29
Binance reported that an employee used his old position to make insider trading profits. The person involved has been suspended and will face legal prosecution
according to an official announcement from Binance, an employee was found to have used non-public information obtained through his previous business expansion position at BNB Chain to buy tokens in advance through related wallets before the project's public offering and partially cash out after the announcement, constituting a typical "front-running trading" behavior. The employee has now been suspended, and Binance will cooperate with judicial authorities to hold him accountable according to law. The platform also awarded $100,000 to four users who reported through official channels.
2025-03-25 11:02:28
CZ: The Trump Family Foundation’s stablecoin smart contract was deployed on BSC 20 days ago
Trump family fund has launched a stablecoin on BSC, with market maker Wintermute also involved. Binance founder CZ posted on the X platform that, according to BSCScan data, the Trump family fund's stablecoin smart contract was deployed 20 days ago. According to the information available, the stablecoin launched by the Trump family fund is called World Liberty Financial USD (USD1).
2025-03-25 10:01:20
A whale redeemed 4,721 ETH and transferred them to Bitget, losing more than $3.5 million in three months
according to on-chain analyst Yu Jin's monitoring, a whale redeemed 4721 ETH (about $9.91 million) and transferred it to the Bitget exchange 5 hours ago. The address has extracted a total of 6849 ETH (about $17.95 million) from Coinbase Prime and Binance at an average price of $2,621 over the past 3 months and has staked them, currently holding a unrealized loss of about $3.57 million.
2025-03-25 10:01:18