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On March 18, SBI Holdings' digital asset division, SBI VC Trade, announced that it will launch a USDC lending service in Japan on Thursday, allowing retail users to lend stablecoins to the platform under fixed-term agreements in exchange for returns. SBI stated that this product is intended to replace traditional dollar deposits in Japan, but unlike bank deposits, its isolation protection measures do not cover user assets and may not allow for full recovery in the event of bankruptcy. Additionally, users will not be able to withdraw or transfer funds during the fixed loan term, which limits their ability to respond to market changes.

[Japan's SBI VC Trade will launch a retail USDC lending service to replace traditional dollar deposits.]On March 18, SBI Holdings' digital asset division, SBI VC Trade, announced that it will launch a USDC lending service in Japan on Thursday, allowing retail users to lend stablecoins to the platform under fixed-term agreements in exchange for returns. SBI stated that this product is intended to replace traditional dollar deposits in Japan, but unlike bank deposits, its isolation protection measures do not cover user assets and may not allow for full recovery in the event of bankruptcy. Additionally, users will not be able to withdraw or transfer funds during the fixed loan term, which limits their ability to respond to market changes.

Japan's SBI VC Trade will launch a retail USDC lending service to replace traditional dollar deposits.

According to Lookonchain monitoring, a certain whale associated with Matrixport closed a long position of 40,000 ETH (approximately $94.16 million) at an average price of $2,354.08 yesterday, making a profit of about $14.47 million. On the same day, the whale re-established a long position of 40,000 ETH (approximately $90.66 million) at an average price of $2,266.59.

[Matrixport-related whales have re-established long positions of 40,000 ETH.]According to Lookonchain monitoring, a certain whale associated with Matrixport closed a long position of 40,000 ETH (approximately $94.16 million) at an average price of $2,354.08 yesterday, making a profit of about $14.47 million. On the same day, the whale re-established a long position of 40,000 ETH (approximately $90.66 million) at an average price of $2,266.59.

Matrixport-related whales have re-established long positions of 40,000 ETH.

Market data shows that ETH has dropped below $2200, currently priced at $2199.9, with a 24-hour decline of 5.94%. The market is highly volatile, so please ensure proper risk management.

[ETH has fallen below $2200.]Market data shows that ETH has dropped below $2200, currently priced at $2199.9, with a 24-hour decline of 5.94%. The market is highly volatile, so please ensure proper risk management.

ETH has fallen below $2200.

HTX data showed that BTC fell below 71000  USDT and is now at 70986.61 USDT, with a decrease of 4.98% in 24H.

[BTC fell below 71000  USDT] HTX data showed that BTC fell below 71000  USDT and is now at 70986.61 USDT, with a decrease of 4.98% in 24H.

BTC fell below 71000  USDT

HTX data showed that ETH fell below 2200  USDT and is now at 2199.08 USDT, with a decrease of 6.04% in 24H.

[ETH fell below 2200  USDT] HTX data showed that ETH fell below 2200  USDT and is now at 2199.08 USDT, with a decrease of 6.04% in 24H.

ETH fell below 2200  USDT

Prediction market Polymarket has announced the acquisition of the startup Brahma to expand its cryptocurrency and DeFi infrastructure, with the specific acquisition amount not yet disclosed.

[Polymarket acquires startup Brahma to expand cryptocurrency and DeFi infrastructure.]Prediction market Polymarket has announced the acquisition of the startup Brahma to expand its cryptocurrency and DeFi infrastructure, with the specific acquisition amount not yet disclosed.

Polymarket acquires startup Brahma to expand cryptocurrency and DeFi infrastructure.

On March 18, GasBuddy reported that the national average gasoline price in the United States has risen to $3.86 per gallon, reaching the highest level in over a year.

[Gasoline prices in the United States have risen to their highest level since 2022.]On March 18, GasBuddy reported that the national average gasoline price in the United States has risen to $3.86 per gallon, reaching the highest level in over a year.

Gasoline prices in the United States have risen to their highest level since 2022.

On March 18, it was reported that among the total $48 trillion in real estate wealth in the United States, the wealthiest 20% hold 56.4%, while the poorest 20% own only 5.1%. The wealth held by the top 1% is equivalent to that of the bottom 40%. As the growth rate of housing prices slows and mortgage rates decline, housing affordability is improving.

[The top 20% of the population in the United States owns more than half of the real estate wealth.]On March 18, it was reported that among the total $48 trillion in real estate wealth in the United States, the wealthiest 20% hold 56.4%, while the poorest 20% own only 5.1%. The wealth held by the top 1% is equivalent to that of the bottom 40%. As the growth rate of housing prices slows and mortgage rates decline, housing affordability is improving.

The top 20% of the population in the United States owns more than half of the real estate wealth.

Market data shows that SOL has broken through $90, currently priced at $90.01, with a 24-hour decline of 4.44%. The market is highly volatile, so please ensure proper risk management.

[SOL breaks through $90.]Market data shows that SOL has broken through $90, currently priced at $90.01, with a 24-hour decline of 4.44%. The market is highly volatile, so please ensure proper risk management.

SOL breaks through $90.

Huobi is scheduled to list FCT2 (Firmachain) on August 17, 2023.
FCT2 deposits will open at 06:00 (UTC) on Aug 14.
The FCT2 spot trading (FCT2/USDT) will open when the deposit volume meets the demand of market trading, which will be officially announced in advance.
FCT2 withdrawals will open at 05:00 (UTC) on Aug 18.

Detail

【Huobi Will List FCT2 (Firmachain) on August 17, 2023】Huobi is scheduled to list FCT2 (Firmachain) on August 17, 2023.
FCT2 deposits will open at 06:00 (UTC) on Aug 14.
The FCT2 spot trading (FCT2/USDT) will open when the deposit volume meets the demand of market trading, which will be officially announced in advance.
FCT2 withdrawals will open at 05:00 (UTC) on Aug 18.

Huobi Will List FCT2 (Firmachain) on August 17, 2023

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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