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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 10:14
    21Shares plans to liquidate two Bitcoin futures and Ethereum futures ETFs around March 28th
    PANews reported on March 14, according to Globenewswire, that 21Shares US LLC announced plans to liquidate two Bitcoin futures and Ethereum futures ETFs, namely ARK 21Shares Active Bitcoin Ethereum Strategy ETF (Cboe BZX: ARKY) and ARK 21Shares Active On-Chain Bitcoin Strategy ETF (Cboe BZX: ARKC). Shareholders can sell their held funds before the end of trading day on Thursday, March 27, 2025. Such transactions may incur regular brokerage fees. The last trading day for both funds is March 27, 2025. The funds will be liquidated around March 28, 2025. Shareholders who continue to hold fund shares on the fund's liquidation date will receive a liquidation distribution equal in value to their proportionate share in the fund as of that date. Shareholders receiving a liquidation distribution typically realize capital gains or losses equivalent to the net asset value of their shares. In addition, 21Shares stated that this move is based on routine reviews of its product lineup to ensure it aligns with market dynamics, customer needs and mature digital asset patterns. Both parties remain loyal partners and look forward to advancing regulated cryptocurrency products in the U.S market.
  • 09:57
    Ceffu has transferred 1,071 Bitcoins from the associated wallet to CEX, worth approximately 88.43 million US dollars
    Golden Finance reports, according to Whale Alert monitoring, the Ceffu associated wallet transferred 1,071 Bitcoins to CEX, worth approximately $88,434,247.
  • 09:19
    Matrixport: Global liquidity has improved, but the Meme coin market still shows no signs of recovery
    ChainCatcher news, Matrixport report reveals that despite the recent weakening of the dollar driving a rebound in global liquidity indicators and slight improvements in inflation data, the meme coin sector within the cryptocurrency market remains sluggish with no signs of recovery. The report points out that after reaching its peak in early December 2024, the altcoin market began to decline. The meme coin bubble burst in January this year, causing the total market value of cryptocurrencies to decrease from 3.6 trillion dollars to 2.6 trillion dollars. Although Pump.fun platform based on Solana has generated over $582 million revenue in past 12 months, its recent income growth has rapidly declined. The report also mentions that hedge fund liquidation arbitrage positions are a major driver of recent Bitcoin selling pressure which may be nearing maximum intensity.
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