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New York Mellon Bank has announced that it is becoming an early adopter of the lending platform EquiLend 1Source and is receiving a minority equity stake in EquiLend.

6 hours ago

March 16th. As per Ledger Insights, BNY (Bank of New York Mellon) declared that it will serve as an early adopter of the lending platform EquiLend 1Source, signifying its increased investment in the securities lending domain. Furthermore, BNY will also acquire a minority ownership stake in EquiLend. It is reported that EquiLend's 1Source platform employs Distributed Ledger Technology (DLT) and aims to boost the transparency and efficiency of securities lending. The platform's launch is anticipated to revolutionize the traditional securities lending operation by offering users more efficient trading and management tools.
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Bitcoin Soars to Break $85,000 Barrier, Then Retraces, Now Trading at $84,280

On March 17th, based on HTX market data, Bitcoin witnessed a rapid upward surge and broke through $85,000 before pulling back. Currently, it is trading at $84,280, with a 24-hour decline of 0.08%.

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Bitcoin Dips Below $84,000, 24-hour Loss of 0.2%

On March 17th, based on HTX market data, Bitcoin dropped below $84,000, and the current price is $83,977, with a 0.2% decrease in the past 24 hours.

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In the past 1 hour, there was a total of $66.17 million in liquidations across the network, with the largest being a short liquidation.

On March 17th, based on Coinglass data, a total of $66.17 million was liquidated across the network in the past 1 hour. Among them, $20.62 million was in long liquidations and $45.54 million was in short liquidations.

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Cryptocurrency total market cap drops to $2.8 trillion, with a 24-hour decrease of 3.3%.

On March 16th, as per Coingecko data, the total cryptocurrency market capitalization has plummeted to $2.8 trillion, with a 24-hour decline of 3.3%.
On the day of Trump's second inauguration (January 20th), the total cryptocurrency market capitalization stood at $3.621 trillion. Since Trump took office, the total cryptocurrency market capitalization has decreased by around $821 billion, representing a decrease of 22.7%.

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DOGE's Recently Active Addresses Surge, Short-Term Peak Exceeds 390,000

On March 16th, based on Santiment data, the number of active addresses for DOGE has witnessed a significant surge of approximately 400% recently and reached a short-term peak of more than 390,000. Nevertheless, it still lags far behind the peak of 1.64 million on November 22nd, 2024.

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「Hyperliquid 50x Whale」 has placed a limit buy order for 1551 BTC at $68,774, waiting to take profit

On March 16th, based on the monitoring of ai_9684xtpa, the "Hyperliquid 50x Whale" placed a limit price buy order for 1551 BTC at $68,774 with the intention of taking profit. According to the data from HyperInsight, the floating profit of its 40x short BTC position has shrunk back to $3.05 million. The notional value of the position is $376 million, the entry price is $84,018.8, and the liquidation price is $85,504.

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