ChainCatcher news, the Seoul Administrative Court in South Korea has temporarily suspended the Financial Intelligence Unit (FIU)'s "three-month partial business suspension" penalty against Dunamu, the parent company of the cryptocurrency exchange Upbit. The court has approved Dunamu's administrative lawsuit and emergency suspension application, and the penalty will only be reinstated 30 days after the main case judgment takes effect. This move means that new users of Upbit can continue to recharge and withdraw cryptocurrency assets.Previously, the FIU accused Upbit of trading with unregistered overseas exchanges without real-name verification, violating the "Special Financial Transactions Information Act."

ChainCatcher news, according to market news, OpenAI is close to finalizing a $40 billion financing led by SoftBank.

ChainCatcher news, Amitis Capital's Chief Investment Officer Chris Solarz stated in an interview with Coindesk that the era of "altcoins rising together" has come to an end. According to statistics, there are currently about 40 million tokens in the crypto ecosystem, and he predicts that 99.99% will eventually go to zero, with no more than 100 tokens worth discussing.Solarz pointed out that the crypto market will need at least $300 billion in new funds over the next three years to maintain current prices, as the top 100 tokens will face significant unlocking selling pressure. The market size of liquid tokens available for hedge funds is only about $30 billion, and retail investors have already turned to meme coins— in other words, there are currently not enough buyers to absorb the selling pressure."This is the sword of Damocles, and it's also the reason why altcoins cannot usher in a bull market in the short term," Solarz said. It is reported that Chris Solarz was responsible for nearly $8 billion in asset allocation at the investor consulting firm Cliffwater.

ChainCatcher news, on-chain data analyst @ai_9684xtpa stated that the $5 million jellyjelly short position taken over by Hyperliquid due to trader automatic liquidation has incurred an unrealized loss of $10.63 million (approximately $6 million as of the time of publication). If the counterparty pushes the coin price up to around $0.17, the Hyperliquid Vault will face liquidation and lose the current holdings of $240 million.

ChainCatcher news, according to The Block, Bloomberg analyst James Seyffart stated that the XRP ETF may be launched in the coming months, and it is likely that we will first see the XRP futures ETF. Due to the U.S. SEC's decision to withdraw the Ripple lawsuit, the chances of the XRP ETF being approved in 2025 have increased.Ripple CEO Brad Garlinghouse revealed in an interview with Bloomberg TV that the XRP ETF may be launched in the second half of 2025. Currently, there are about 11 different companies' XRP ETF issuance application documents awaiting approval from the U.S. Securities and Exchange Commission.

ChainCatcher news, the founder of Slow Mist, Yu Xian, posted on the X platform to review the DEXX hacking incident, stating that the main cause of the incident was indeed the exploitation of a vulnerability in the ZenTao platform used by DEXX, which led to an external intrusion. Subsequently, the production network-related servers and database permissions were compromised, and all forensic analyses have traced back this attack path. In other words, DEXX is also a victim, but bears responsibility for inadequate security management.Furthermore, although DEXX's performance during this life-and-death hacking incident was quite chaotic, the fact that they were ultimately able to provide compensation puts them ahead of 99.99% of projects in this industry.

ChainCatcher news, Bitget has become the official sponsor of professional driver Flávio Sampaio for the "2025 Porsche Cup Brasil." The collaboration will officially kick off at the season opener in April 2025, marking a deep integration of crypto technology and top-level motorsport.Bitget-sponsored professional driver Flávio Sampaio will participate in the 2025 season of the Porsche Cup Brasil. Flávio will drive a specially painted Porsche 911 GT3 Cup car, featuring Bitget's iconic black and teal livery, equipped with a 510CV engine, reflecting the brand's pursuit of speed and performance. This collaboration makes Bitget the first crypto exchange to have a dedicated car in this event, and also marks the first appearance of a crypto brand in Latin America's largest Grand Touring category event.As the number of cryptocurrency users in Brazil surpasses 40 million, the market continues to grow rapidly. Through its partnership with the Porsche Cup, Bitget will further strengthen its influence in the local market and deepen the connection between motorsport enthusiasts and crypto investors through innovative collaboration.

According to ChainCatcher, as reported by Cointelegraph, unless there is a significant rebound in the coming days, Bitcoin and Ethereum will face their worst first quarter in years.Swyftx chief analyst Pav Hundal stated that the likelihood of a "vertical surge" occurring within the six days before the end of the first quarter of 2025 is low. Hundal mentioned that the crypto market will be "somewhat flying blind" until mid-April, when the market should have a clearer understanding of U.S. President Trump's tariff plans. "Economic data shows that the global economy is in good shape," he added.According to CoinGlass data, Ethereum (ETH) has dropped 37.98% in the first quarter of 2025 so far, marking the worst first quarter since 2018 (when it plummeted 46.61%). Meanwhile, Bitcoin (BTC) has fallen 6.49% in this quarter so far, which will end on March 31, marking the worst first quarter since 2020 (when it dropped 10.83%).

ChainCatcher news, according to Jinshi reports, the rebound of Bitcoin after hitting a two-week high this Monday is facing the risk of faltering------against the backdrop of ongoing macro uncertainty suppressing market sentiment, this rise lacking volume support increasingly shows characteristics of a "bull trap."The sluggish bullish momentum, continuously shrinking trading volume, and persistent macro tensions are collectively creating potential bull traps in a "directionless market." Market experts point out that potential tariff escalations, inflation concerns, and geopolitical risks are still exerting pressure on Bitcoin prices.Augustine Fan, a partner at cryptocurrency derivatives software provider SignalPlus, stated that clarity in market direction requires waiting for the key policy node on April 2: "We expect a soft market rebound to continue until the end of the month, with the next important catalyst being the 'Liberation Day' tariff announcement." As the Trump administration plans to announce a new round of tariff plans on that day, macro policy uncertainty may once again become the fuse that disrupts the balance of the cryptocurrency market.

ChainCatcher message, AI trading robot Bankr tweeted that the fees for tokens deployed through replies on platform X will be shared with the original post author at a 50/50 ratio. This update only applies to direct replies to the original post.

ChainCatcher news, according to Cointelegraph, the U.S. stock market opened slightly higher, bringing much-anticipated optimism to traders. A key factor preventing risk assets from declining is the possibility that the U.S. government and Trump may adjust the new round of trade tariff plans.By analyzing the short-term BTC price trends, traders are focusing on the $90,000 key resistance level. Given Bitcoin's strong historical performance, market participants have high expectations for April.Anonymous analyst Daan Crypto Trades stated that this rebound in BTC can still maintain a solid spot premium trading. If it can hold this level while slowly returning to the previous range (above $90,000), it is expected to reach new highs again.

ChainCatcher News, American cryptocurrency and artificial intelligence czar David Sacks stated: "This is a huge victory for cryptocurrency. The Federal Deposit Insurance Corporation (FDIC) will follow the Office of the Comptroller of the Currency (OCC) in eliminating the practice of considering 'reputational risk' as a factor in bank regulation.'Reputational risk' may sound good in theory, but it is defined as 'the likelihood that negative publicity regarding an institution's business practices (true or not) will cause a decline in the customer base, costly litigation, or a reduction in revenue.' In practice, this vague and subjective standard has been used to justify the elimination of legitimate crypto businesses through Operation Chokepoint 2.0. Banking standards should be objective and quantifiable, not based on the possibility of untrue stories. Thanks to Senator Tim Scott for his leadership in this area through the FIRM Act."

ChainCatcher news, according to FOX Business reporter Eleanor Terrett, the Federal Deposit Insurance Corporation (FDIC) is removing "reputational risk" from its regulatory standards.The Federal Deposit Insurance Corporation is following the lead of the Office of the Comptroller of the Currency by eliminating this factor. Previously, this factor had been used to justify the withdrawal of banking services from legitimate businesses, including cryptocurrencies.

ChainCatcher news, according to insider @jason_chen998, it can be basically confirmed through various information that the market makers Goplus, Myshell, and Movement recently investigated by Binance are all the same Web3port.

ChainCatcher message, the inflow of Bitcoin to exchanges is a key indicator reflecting recent trading intentions. According to the 14-day average, this indicator has decreased from an average of 58,600 BTC per day in December last year to 26,900 BTC, indicating a 54% drop in the amount of Bitcoin sent to exchanges, which suggests a contraction in market liquidity and an increase in investor caution.Additionally, a liquidity capital indicator reflecting the current market structure is Bitcoin's "hot supply," which refers to the amount of Bitcoin that is circulating weekly. Data shows that this indicator has shrunk from 5.9% of the total circulating supply to just 2.8% after peaking in December 2024. The more than 50% decline highlights a general drop in short-term trading activity and market participation, indicating that speculative capital is retreating.