Binance Will List U-Asset-Settled BSB Perpetual Contracts

March 25: Amid rising U.S.-Iran tensions and dimming expectations for macro liquidity, Bitcoin held above $70,000 on Wednesday, demonstrating strong market resilience. Despite multiple bearish catalysts—including the Fed’s 2024 rate cuts being fully priced in, tighter stablecoin regulation (which sent Circle’s stock lower), and Bhutan’s potential sale of ~$30 million in BTC—the crypto has seen only limited pullbacks and brief dips. Analysts note that price stability amid a flurry of negative news typically signals robust buying demand. Combined with this cycle’s options expiration dynamic, the market could gain momentum to rebound toward $75,000.

According to Lookonchain monitoring data, James Wynn was liquidated again on March 25th amid a market uptrend. Just six hours prior, he had shorted 1.3 BTC with 40x leverage, and now only $1,200 remains in his crypto address.

On March 25, a survey commissioned by the Coinbase Institute found that cryptocurrency is gaining traction with younger generations in the UK—and its supporters aren’t limited to right-wing political parties. Data shows that among UK supporters of left-leaning parties aged 16 to 25, 64% have heard of cryptocurrency and 74% are familiar with Bitcoin—rates higher than those of some right-wing voters. Additionally, 42% of this group believe crypto will have a positive impact on their future finances. While Nigel Farage’s Reform UK has offered vocal backing for the crypto industry, the survey confirms crypto’s appeal crosses party lines. Meanwhile, the UK government is under pressure from the industry to advance crypto regulation; current policymaking involving bodies like the Bank of England is still seen as slow-moving by some in the sector.

March 25th — On-chain data shows a BlackRock wallet transferred 11,780 ETH (≈$25.84 million) and 634.83 BTC (≈$45.63 million) to a Coinbase address one hour ago. ### Notes on U.S. language habits adjustment: 1. **Conciseness**: Used "≈" (common in crypto news) and streamlined "according to on-chain data" to "on-chain data shows" for brevity (key in quick updates). 2. **Terminology**: Swapped "address" for "wallet" (more natural in U.S. crypto discourse). 3. **Structure**: Added an em dash (`—`) to separate the date from the core update (standard in U.S. news alerts for readability). 4. **Flow**: Placed the most critical action ("transferred") early to grab attention, aligning with U.S. quick-news priorities.

March 25 — Seasoned investor Simon Dixon has publicly criticized Michael Saylor’s Bitcoin accumulation strategy, arguing it could exacerbate Bitcoin’s centralization risks. The strategy currently holds roughly 762,000 BTC, representing over 3% of Bitcoin’s total supply. The company also recently announced a $42 billion ATM financing plan to continue accumulating the cryptocurrency. Dixon noted this approach could tightly tie Bitcoin to the traditional financial system, making it more vulnerable to short-term trading and price manipulation — a departure from the digital asset’s decentralized origins. He recommended a return to self-custody and long-term holding, rather than pursuing centralized allocation via public companies.

On March 25, Ripple announced its participation in Project BLOOM—led by the Monetary Authority of Singapore (MAS)—to explore a programmable cross-border trade settlement solution built on its stablecoin RLUSD and the XRP Ledger. Ripple will partner with supply chain fintech firm Unloq to pilot its SC+ platform, which uses smart contracts to automatically release payments once preset trade conditions (e.g., shipment verification) are met. This integration automates trade finance, settlement terms, and fund flows into a unified system. The solution leverages RLUSD as the settlement asset, with goals to boost transaction transparency and expand financing access for small and medium-sized enterprises (SMEs). Led by MAS, Project BLOOM focuses on exploring interoperability between tokenized bank liabilities and stablecoins, plus "programmable compliance" and automated payment mechanisms. Participating institutions include JPMorgan, Standard Chartered, DBS Bank, Stripe, Coinbase, Cir