Two more LPG tankers heading to India have exited the Persian Gulf through the Strait of Hormuz.
March 28 – Per foreign media reports, two additional Indian-flagged LPG carriers bound for India have departed the Persian Gulf via the Strait of Hormuz. Ship tracking data shows the BW Tyr and BW Elm, fully laden with LPG, were last tracked off the northern tip of the Omani Peninsula.
Throughout their voyage, the vessels’ transponders have been transmitting signals confirming Indian ownership and crew — a standard safety protocol. India relies heavily on LPG imports from the Persian Gulf and is currently grappling with a severe shortage of the fuel. (FXStreet)
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Goliath Ventures Files for Bankruptcy Reorganization After Its Founder Was Previously Arrested for Alleged $328 Million Ponzi Scheme
March 28 — U.S.-based crypto firm Goliath Ventures has filed for Chapter 11 bankruptcy in the Southern District of Florida Bankruptcy Court, per *The Street*. The company is linked to a $3.28 billion Ponzi scheme affecting over 2,000 investors, including $8.74 million in losses for Gregory Wilson and roughly $1.28 million for John Euliano.
In early March, plaintiffs also filed a class-action lawsuit against JPMorgan Chase, alleging the bank ignored Goliath Ventures’ suspicious transactions.
Separately, former Goliath Ventures CEO Christopher Alexander Delgado was arrested over his alleged role in the scheme, facing wire fraud and money laundering charges. Delgado allegedly lured victims by promising monthly returns from crypto liquidity pool investments, but instead used funds to pay early investors, purchase luxury homes, and fund lavish activities.
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Goldman Sachs Analyst: Bitcoin Price May Have Hit Cycle Bottom, But Trading Volume or Further Decline
**March 28: Goldman Sachs on Crypto Market Trends**
Goldman Sachs analyst James Yaro said in a research report on March 28 that Bitcoin and the crypto market’s decline has roughly hit the historical average peak-to-trough level for this cycle. In recent weeks, Bitcoin and crypto-related stocks have been volatile but have stabilized.
However, Yaro warned trading volume could fall further. In a low-volume environment, Bitcoin prices are prone to sharp swings, and any rebound may struggle to hold. He noted a meaningful rebound typically emerges about three months after volume hits a bottom. If volume keeps declining, crypto firms could see 2% lower revenue and 4% lower profit in 2026.
Goldman Sachs currently holds "Buy" ratings on Robinhood, Figure Technologies, and Coinbase—each down at least 50% from their all-time highs. Yaro said digital asset-related assets are increasingly attractive entry points.
Last month, Goldman Sachs CEO David Solomon revealed at the World Liberty
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"Doomsday Report" Author: US Stocks May See Short-Term Bottom on Monday
March 28 — Citrini Research, author of the "Doomsday Report," released a market outlook stating the U.S. stock market could hit a short-term bottom on Monday. The firm also noted the S&P 500 won’t find long-term stability until it drops below 6,000 points, though sharp short-term rebounds are expected.
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The edgeX Treasury will transfer 50 million USDC to a liquidity provider for TGE liquidity or buyback.
March 28 — Per Cointelegraph, the EdgeX treasury cut its stablecoin holdings by $50 million over the past 24 hours, falling from $190 million to $140 million.
On-chain analysis by Cointelegraph revealed two wallets — including that of market maker Amber Group — transferred the corresponding $50 million in USDC to EdgeX. The receiving address (0xc8B...783) currently holds roughly 75 million USDC on the platform.
Cointelegraph speculates this USDC could be earmarked for TGE liquidity or token buybacks.
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