OSL

The cryptocurrency market witnessed significant developments today, March 5, 2025, the most notable of which are:

A sharp decline in the value of Bitcoin and other cryptocurrencies

The price of Bitcoin has fallen to below $82,000, resulting in the liquidation of positions worth $1 billion in the cryptocurrency markets.

Bybit recovers Ethereum reserves after a major hack

Bybit announced the recovery of part of its Ethereum reserves after suffering a hack worth $1.4 billion.

Outflows of $508 million from exchange-traded crypto products

Exchange-traded crypto products experienced outflows of $508 million, indicating a decline in investor interest.

Launch of Solana futures contracts by CME Group

CME Group announced its plans to launch futures contracts for the cryptocurrency Solana (SOL) on March 17, pending regulatory approval.

These developments reflect the ongoing volatility in the cryptocurrency market and the impact of global events on it.
#BTC #OSL

💼 𝗢𝗦𝗟 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗪𝗶𝘁𝗵 𝗞𝗶𝗹𝗻 𝘁𝗼 𝗟𝗮𝘂𝗻𝗰𝗵 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲-𝗚𝗿𝗮𝗱𝗲 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 𝗦𝗲𝗿𝘃𝗶𝗰𝗲

OSL Group (863.HK) has announced a strategic partnership with Kiln, a leading enterprise-level staking infrastructure provider, to offer Ethereum (ETH) staking services.

🔑 What This Means:

➡️ OSL will now provide institutional-grade staking solutions for Ethereum users.

➡️ Kiln’s infrastructure will power the ETH staking service, ensuring security and scalability.

🚀 Why It’s Important:

➡️ This partnership enables enterprise-level participants to access professional-grade Ethereum staking solutions, helping expand Ethereum's staking ecosystem further.

#OSL #Kiln #Ethereum

$ETH
$SOL