Whales increase XRP holdings, signaling long-term optimism, while Binance reviews tokens and explores crypto advancements - IcoHolder.
In a clear sign of growing confidence in XRP’s long-term outlook, large investors—referred to as "whales"—have significantly increased their holdings of the cryptocurrency. Bill Morgan, a prominent legal figure in the crypto space, highlighted that wallets holding at least 1 million XRP now control 46.4 billion coins, a 6.5% increase in just the past two months. This aggressive accumulation, particularly during periods of market downturns, challenges the notion of a continuing bear market, signaling that large holders are positioning themselves for future gains.
This steady buying trend has fueled speculation that XRP could see stronger market support moving forward, especially as whales continue to demonstrate faith in its potential despite the short-term fluctuations in price. As the crypto community watches closely, XRP’s performance remains a subject of interest for both long-term investors and market analysts alike.
South Korea’s Financial Intelligence Unit (FIU) is intensifying its crackdown on unregistered overseas crypto exchanges operating illegally in the country. According to reports from local media outlet Hankyung, the FIU has begun the sanction process, with potential actions to block access to prominent platforms such as BitMEX, KuCoin, CoinW, Bitunix, and KCEX.
This development comes as part of South Korea’s broader effort to tighten crypto regulations in response to growing concerns over user protection. By targeting non-compliant exchanges, the FIU aims to maintain a safer and more regulated digital financial environment, sending a strong message to unregistered platforms that South Korea will not tolerate illegal operations within its borders.
Binance Chain has successfully completed the Pascal hardfork, marking the beginning of a series of planned upgrades aimed at enhancing network speed and scalability. The update will pave the way for two major upcoming improvements, including the Lorentz hardfork in April 2025, which will reduce block times to 1.5 seconds, followed by the Maxwell hardfork in June 2025, which promises to further boost performance by cutting block times to just 0.75 seconds.
These upgrades are part of Binance Chain’s 2025 roadmap to improve transaction throughput, enhancing its appeal as a blockchain solution for decentralized applications (dApps) and other crypto projects that require high-speed transactions. As competition among blockchain networks intensifies, Binance Chain’s commitment to faster performance places it in a strong position for future growth.
In a recent meeting with David Sacks, Special Advisor on AI and Crypto, Tahnoon Bin Zayed Al Nahyan, a prominent UAE leader, explored the future of artificial intelligence and cryptocurrency. During their discussion, the two leaders examined the transformative potential of AI across industries and the role digital currencies play in reshaping global financial systems.
The conversation highlighted emerging investment opportunities at the intersection of AI and crypto, underscoring the importance of collaboration and forward-thinking strategies to achieve sustainable growth. As technology continues to evolve, Tahnoon emphasized that strategic partnerships and innovation would be central to driving global impact.
On March 21, Watcher.Guru reported a hack of its X account, despite having 2FA enabled and no connected apps or API misuse. The unauthorized post, which was quickly deleted, was auto-shared to other platforms, including Telegram and Facebook, sparking concerns about platform security.
The team suspects an insider breach, as the attack followed a click on an official-looking X Developer link. While the exact method of the breach remains unclear, the incident has prompted Watcher.Guru to reset all sessions and reach out to X’s cybersecurity team for further investigation. This breach raises questions about the vulnerabilities of social media platforms, even for those with robust security measures in place.
Bitcoin’s Bull Score has dropped to 20, its lowest point in two years, signaling weak market momentum. According to data from CryptoQuant, the recent decline in Bitcoin’s price by 23% has pushed the Bull Score down significantly, as rallies typically occur when the score exceeds 60.
The low reading suggests that market sentiment remains bearish, raising concerns among traders about the possibility of further downside. While the crypto market has historically shown resilience, the current conditions call for a cautious outlook unless market sentiment and technical indicators improve.
In a new commentary, Chinese state media has raised concerns over the growing influence of U.S. dollar-backed stablecoins, warning that their increased use could further solidify the dominance of the U.S. dollar in global finance. The article highlights the integration of stablecoins into virtual economies and their potential to reinforce U.S. financial power.
The report urges China to accelerate its development of its own stablecoin and actively promote the Chinese yuan (CNY) in digital finance. As the digital currency landscape evolves, the geopolitical implications of stablecoin adoption continue to garner attention from global financial leaders.
Binance has announced the delisting of five tokens, effective March 28, 2025, at 03:00 UTC. Tokens affected by the decision include Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), and Linear Finance (LINA). The move comes as part of Binance’s routine asset review process, which evaluates factors such as project activity, team commitment, liquidity, security, and regulatory compliance.
Additionally, Binance introduced a new “Vote to Delist” feature, allowing users to weigh in on future delisting decisions, although it will not apply to tokens already announced for removal. The decision underscores Binance’s commitment to maintaining a high standard of quality and regulatory compliance on its platform.
