Data: 60.52% of Bitcoin Futures Traders on the Binance Platform are Long

On March 25th, as per CoinDesk, the Abu Dhabi Global Market (ADGM) has made an announcement. It has signed a Memorandum of Understanding with Chainlink with the aim of collaborating on a compliance framework for tokenized assets. This collaborative effort will allow the Abu Dhabi Global Market to make use of Chainlink's blockchain tool suite, encompassing price feed data support and interoperability services. Such utilization is intended to promote blockchain innovation within its regulatory ecosystem.

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.

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.

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)

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.

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.