according to on-chain analyst Yu Jin's monitoring, a Bitcoin and Ethereum swing trader with a win rate of 81% bought 392.7 WBTC at an average price of $85,583 within half an hour, with a total transaction amount of about $33.6 million.

The address currently holds 576.3 WBTC (about $49.13 million, average price $85,751) and 4216 ETH (about $8.04 million, average price $2,090). Previously, the address sold 495.5 WBTC at a price of $88,009 on March 26, with a transaction amount of about $43.6 million.

GameStop has priced $1.3 billion in convertible senior notes, which are planned to be used to increase its Bitcoin holdings. The notes will mature in 2030, with an initial conversion rate of 33.4970 shares per $1,000, corresponding to a conversion price of approximately $29.85, a premium of about 35% over Thursday's closing price of $22.09. If the issuance is successful, GameStop will become the fourth largest publicly traded company holding Bitcoin globally, behind only Riot Platforms, and surpassing Tesla.

according to Spot On Chain monitoring, in the past 8 hours, two new wallets sold 14,064 ETH at an average price of $1,959, exchanging it for 27.5 million DAI. All of their ETH was just transferred out through THORChain and Chainflip. Coincidence or money laundering?

according to The Data Nerd monitoring, 10 hours ago, a smart investor 0xc27 deposited 11 million MUBARAK coins (approximately $1.49 million) and 10 million BROCCOLI coins (approximately $826,000) into Binance. If he sells all of the above tokens, he will profit $1.65 million through 2 types of tokens, especially the $MUBARAK with an investment return rate of x15.3.

crypto analyst Miles Deutscher tweeted that there are currently about 37 million tokens in the crypto market, with 99.9% belonging to "air projects." He believes that only less than 100 projects meet the following criteria: having an experienced team, holding a long-term bullish attitude towards their own tokens (net buying more than net selling), having a clear business model and a roadmap to achieve sustainable profits, finding a real product-market fit or a clear path, being able to deliver continuously regardless of market conditions, having real competitive barriers, and being consistent with macro trends (such as AI, RWA, stablecoins, etc.). He emphasized that investors' task is to find these protocols with long-term potential among many projects and make long-term bets on them.

according to DefiLlama data, there is a potential liquidation of $1.099 billion and $1.169 billion at $1804 and $1784 respectively for Ethereum, totaling a potential liquidation amount of $2.268 billion.

On March 28th, Injective Ecology Express learned that Injective officially joined the Blockchain Association today, which is dedicated to promoting US national policies and regulatory frameworks that support cryptocurrencies. After joining the association, Injective will work together with industry giants such as Brevan Howard, Circle, Coinbase, Pantera Capital, etc., at the local and national levels to promote effective policy changes and ensure that industry demands are reflected in future policy making. The Blockchain Association was established in 2018 to represent top blockchain companies, investment institutions, and projects, and to promote US policies that are favorable to the development of the crypto industry. It focuses on key issues such as consumer protection, market integrity, innovation support, tax regulations, regulatory clarity, and open source software development.

On March 28th, 2024, Dunamu, the operator of Upbit, saw a year-on-year increase in operating profit of 85%, reaching 1.19 trillion Korean won (8.11 billion US dollars). Sales revenue soared by 70.5% to 1.73 trillion Korean won, and net profit increased by 22% to 983.8 billion Korean won.

The company stated that this is the highest profit ever for Dunamu, reflecting a surge in demand from investors in a highly optimistic environment, especially due to the support of US President Donald Trump for cryptocurrencies.

By the end of 2024, the number of cryptocurrency investors in South Korea had increased by 52% year-on-year to 9.67 million, with their total holdings rising to 105.1 trillion Korean won.

Jamie Coutts, Chief Cryptocurrency Analyst at Real Vision, said that despite recent fluctuations in the US macroeconomic situation, Bitcoin may break its historical high of $109,000 earlier than expected. He also stated that the market may underestimate the speed of Bitcoin's rise, with the possibility of reaching a new all-time high before the end of the second quarter. This prediction remains valid regardless of whether President Trump's tariff policy and concerns about a potential economic recession become clearer.

Bitcoin dropped below $100,000 on February 2, attributed to Trump's new tariffs and uncertainty about US interest rates. Jamie Coutts made an optimistic rebound forecast based on loose financial conditions, the weak US dollar, and increased liquidity injections by the People's Bank of China since early 2025. He also mentioned that financial conditions have significantly loosened this month, especially with the US dollar experiencing its third largest three-day decline since 2015, while interest rates and bond volatility have decreased significantly, with liquidity remaining at the core of all asset class investments.

Upbit has issued an investment warning for the HIFI token. Currently, HIFI has been listed on the Trading Observation List by the Digital Asset Exchange Association (DAXA) and will suspend deposit services.

Once a digital asset is listed on the observation list, Upbit usually conducts a detailed review of the digital asset to determine whether to extend the observation list, cancel the observation list, or ultimately terminate support for trading.