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Upbit 24-hour Trading Volume Ranking: AUCTION, ZETA, and ORCA Take Top Three Spots

2 days ago

On March 23rd, according to CoinGecko data, within the past 24 hours, Upbit's trading volume reached $23.56 billion. The AUCTION/KRW trading pair accounted for 20.43% of the volume and ranked first in the Korean won market. The remaining top five in trading volume are: ZETA, ORCA, XRP, and VANA.
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Following the announcement of the new TGE by Binance Wallet, BNB has increased by 1.62%.

On March 25th, based on market data, since the announcement of a new TGE on Binance Wallet, the value of BNB has increased by 1.62% and is now trading at $635.6.

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Bitcoin Mining Firm Argo Blockchain Appoints Justin Nolan as its Chief Executive Officer

On March 24th, according to TheBlock, the Bitcoin mining firm Argo Blockchain (with the ticker: ARBK) has appointed Justin Nolan as its new Chief Executive Officer, and this appointment became effective on March 22nd. Nolan most recently held the position of CEO at the digital infrastructure company Arkon Energy. Previously, he served as the Chief Growth Officer at Argo before taking on the role at Arkon Energy.

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The model indicates that the US debt ceiling could be breached as early as mid-July.

On March 24th, the Bipartisan Policy Center in the United States announced that a model released on Monday indicated that the United States might reach the debt ceiling between mid-July and October if Congress does not take any measures. Although the probability is relatively low, if this year's tax revenues fail to meet expectations, the so-called "X Date" could advance as early as the beginning of June. The U.S. Treasury Department has not predicted the specific day when the X Date will occur, that is, when the federal government will be unable to fulfill its payment obligations. Wall Street estimates that the "X Date" could arrive as early as the end of May (estimated by BNP Paribas), or as late as the end of August or the third quarter (forecasted by Bank of America, Barclays, and Deutsche Bank, etc.). (FX678)

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Litecoin Foundation: Telegram Wallet now supports LTC transactions

On March 24th, the Litecoin Foundation announced in a post that LTC is now accessible on the Telegram Wallet. All non-US Telegram users are able to buy, sell, and trade LTC. According to the Telegram Wallet team, currently, LTC deposits and withdrawals are not available yet, but they will be enabled shortly.

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PwC teams up with SKChain to develop EU Blockchain Digital Identity Solution

On March 24th, as per the report by CoinDesk, PricewaterhouseCoopers (PwC) in Italy has entered into a partnership with the blockchain consulting firm SKChain Advisors. They are set to develop a digital identity product that complies with the European Union. This solution will utilize the World Mobile Chain (a three-layer network on Base) to construct a Self-Sovereign Identity (SSI) system. As a result, European businesses and users will be able to access various Web3 applications using a single digital identity. This digital identity solution will strictly conform to the EU's "Digital Identity Regulatory Framework 2.0" (eIDAS 2.0) and the associated "European Digital Identity Wallet" (EUDI) standards. The goal is to become the EU's first blockchain identity solution that meets these regulations.

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During the intraday session, the US stock market extended its gains, with Tesla surging over 10.46%.

On March 24th, based on market data, the intra-day increase of the US stock market further expanded. The Nasdaq rose by 2.02% and the S&P 500 increased by 1.15%. Cryptocurrency stocks demonstrated strong gains, including: Tesla (TSLA) surged by more than 10.46%; MicroStrategy (MSTR) saw its gain expand to 7.05%; MARA Holdings (MARA) rose by 12.43%; Riot Platforms (RIOT) rose by 5.9%; Hut 8 Corp. (HUT) rose by 7.29%.

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