News

BlockBeats News, March 19, according to Farside monitoring data, yesterday the net outflow of the US Bitcoin spot ETF was $163.5 million, and the Ethereum spot ETF net outflow was $57 million.

BlockBeats News, March 19th, Founder of Hyperliquid Jeff Yan announced, "The fiat currency exchange feature is now online for testing, supported by Swapped. Users no longer need to hold cryptocurrency to use the related feature on the designated website. Some regions have supported payment methods such as credit cards and bank transfers. To experience, please select the asset option as 'Fiat' on the recharge interface." "Currently, the fiat currency exchange is still in the initial testing phase, and users are welcome to provide feedback. In the future, more payment methods and more on-chain assets will be gradually supported."

Golden Ten Data, March 19 – A senior official from the Reserve Bank of India stated that India is exploring more ways to help Russia utilize its accumulated rupee reserves. The Chief General Manager of the RBI's foreign exchange department said the central bank is assessing whether Russian enterprises can use their rupee funds for productive purposes in the Indian economy. He did not elaborate on the specific measures or the amount of rupees accumulated by Russia. After the outbreak of the Russia-Ukraine conflict in early 2022, India became a major buyer of Russian oil. It purchased large quantities of heavily discounted Russian crude oil, while other importing countries avoided the Russian energy market. As a result, Russia has accumulated a large amount of rupee funds by selling crude oil to India, with some transactions settled in the local currency. However, Russia has found it difficult to effectively utilize these funds in the South Asian economy.