A whale address that has been silent for three years deposited 1,250 BTC into Binance, worth about $115 million
According to Lookonchain monitoring, a dormant whale wallet deposited 1,250 BTC to Binance 4 hours ago, currently valued at approximately $114.96 million.
2025-03-03 23:04:09
U.S. cryptocurrency stocks collectively surged, with Bit Origin soaring more than 380%
The concept stocks of US cryptocurrency collectively soared, with Bit Origin rising by more than 380%, Strategy by more than 15%, CleanSpark and MARA Holdings by more than 11%.
2025-03-03 23:04:07
Ethena stablecoin USDe redemption hits record high of $268 million in one day
On March 3rd, according to Dune data, the stablecoin USDe experienced its largest single-day redemption in history on March 1st, totaling $2.68 billion, resulting in a decrease of approximately 4.7% in the total circulation of USDe.
2025-03-03 22:03:24
Cryptocurrency markets surge after Trump announces potential strategic crypto reserve
Cryptocurrency markets experienced a surge after US President Donald Trump announced the possibility of a strategic crypto reserve, but analysts are warning that the rally may not last long. Trump disclosed on March 2 that his Working Group on Digital Assets had been instructed to include XRP (XRP), Solana (SOL), and Cardano's ADA (ADA) in the US crypto reserve. This announcement led to a marketwide rebound, with the global crypto market cap increasing by almost 7% to $3.04 trillion, and Bitcoin (BTC) surpassing the $95,000 mark following a 7.7% intraday rally. However, analysts caution that the establishment of a US crypto reserve will involve a lengthy approval process, potentially impacting the sustainability of the current market movement. Some analysts believe that the market may be approaching a turning point, with Bitcoin's active addresses reaching a near three-month high on Feb. 28, indicating a possible "capitulation moment." Despite the positive reaction to ADA, SOL, and XRP being included in the US strategic reserve, analysts anticipate short-term volatility in the crypto market. The upcoming White House Crypto Summit hosted by President Trump on March 7 is also generating anticipation among crypto investors, with discussions on stablecoin regulation and legislation related to a potential strategic crypto reserve being key topics.
2025-03-03 22:03:23
Strategy: As of March 2, it holds 499,096 bitcoins, with no increase in holdings in the past week
As reported by Strategy (MSTR.O) in its latest 8-K filing, the company did not sell any Class A common stock or purchase any new bitcoins between February 24 and March 2. As of March 2, 2025, MicroStrategy and its subsidiaries collectively hold 499,096 bitcoins, with a total purchase cost of approximately $33.1 billion and an average purchase price of $66,357. In addition, the company's board of directors announced that a cash dividend of $1.24 per share of 8.00% Series A Perpetual Preferred Stock (STRK) will be distributed on March 31, with a record date of March 15.
2025-03-03 22:03:21
Citi: The U.S. is more likely to build a strategic crypto reserve, but more details are needed
Citibank (C) stated in a research report on Monday that the possibility of the United States establishing a strategic reserve of cryptocurrencies seems greater after President Trump announced this news over the weekend. Citibank pointed out that the US government currently holds about $19 billion in cryptocurrencies, mainly Bitcoin, while the amount of gold held is $750 billion. The report stated that the vast majority of assets seized by the government are Bitcoin, which means that the accumulation of other digital assets is likely to be funded by purchases on the open market. However, the bank stated that the "selection criteria are currently unclear," and that announcing such investments in advance could disadvantage investors in terms of price, adding that a similar situation occurred with the British government in the late 1990s regarding gold. The bank stated that further clarification on the selection criteria for which tokens to include in the reserves will provide more support.
2025-03-03 22:03:19
Bridgewater Fund founder: Bitcoin may be part of the future stable supply of alternative currencies
Ray Dalio, the founder of Bridgewater Associates, issued a warning to the Trump administration, stating that if they do not commit to reducing the deficit now, they will face a major debt crisis risk within three years. When discussing the risk of currency devaluation, Dalio said that investors should consider "what is the stable alternative currency supply? Bitcoin may be a part of it, maybe a large part of it." Dalio likes Bitcoin as a safe haven because it is different from real estate, it is not restricted, and it is not easily seized or taxed.
2025-03-03 21:03:31
BTC breaks through $93,000
The market showed that BTC broke through $93,000 and is now trading at $93,029.08, with a 24-hour increase of 8.1%. The market is highly volatile, so please manage your risks carefully.
2025-03-03 21:03:29
Altcoins Surge as Trump Includes ADA, SOL, and XRP in US Crypto Reserve
Several alternative cryptocurrencies have outperformed the overall market, with Bitcoin experiencing a significant rebound above $90,000 due to positive news on crypto adoption in the United States. Cardano's (ADA) token saw the biggest increase among the top 100 cryptocurrencies, rising over 43% in a 24-hour period to trade above $0.95. Solana (SOL) and XRP also experienced notable gains, with XRP rising over 15% and SOL nearly 12% on the daily chart, surpassing Bitcoin's 7.3% intraday rise. The rally was attributed to US President Donald Trump's directive to include ADA, SOL, and XRP in the US crypto strategic reserve, as well as strong community support for these altcoins. This recovery in the crypto market may indicate the end of the previous market capitulation, as reported by Cointelegraph on Feb. 20. Trump's announcement regarding the inclusion of ADA, SOL, and XRP in the potential US crypto reserve could mark a significant turning point for these altcoins, suggesting a broader plan beyond Bitcoin and emphasizing US-based crypto projects. Trump reiterated his commitment to establishing a national Bitcoin stockpile during his keynote address at the Bitcoin 2024 conference in Nashville, Tennessee.
2025-03-03 21:03:27
Analysis: XRP whales sell off heavily, with the recent daily volume exceeding $120 million
On March 3rd, according to crypto analyst Miles Deutscher's post on X platform, XRP whales are selling tokens at record levels. Since November 2024, when the price rose by over 500%, large holders have been actively selling, indicating a phase of heavy distribution for XRP. Based on the Crypto Quant data in the accompanying image, the 90-day average line for XRP shows that recently, XRP whales have been selling off at volumes as high as $120 million to $180 million in a single day.
2025-03-03 21:03:25
Bitriver Deputy General Manager: Russia may establish cryptocurrency reserves within 1-3 years
As reported by TASS, Oleg Ogienko, deputy general manager of Bitriver, a Russian cryptocurrency mining data center operator and mining equipment importer, said that Russia may establish a cryptocurrency reserve within 1-3 years, provided that corresponding regulatory conditions are already in place domestically. Ogienko pointed out: "First, it is necessary to establish and regulate the security infrastructure for the storage and circulation of digital currencies domestically. These infrastructures have begun to emerge, but are currently in a closed environment." He believes that by establishing such reserves, the Russian financial system can gain additional momentum in modernization through the adoption of cutting-edge technologies, and the formation of cryptocurrency reserves has become a strengthening trend in the global financial markets this year.
2025-03-03 21:03:22
Crypto Analyst: Stablecoin Circulation Key Metric for Blockchain Legitimacy
Crypto security analyst and Paradigm adviser ZachXBT emphasized the importance of assessing the legitimacy of blockchain networks by looking at the circulation of stablecoins from major issuers like Circle, Tether, and Paxos. Following US President Donald Trump's announcement on March 2 about including certain digital assets in the country's strategic crypto reserves, ZachXBT pointed out that the presence of stablecoins from these issuers is a strong indicator of legitimacy. He highlighted that neither Cardano nor the XRP Ledger currently host major stablecoins, suggesting that if there was value to capture, the stablecoin issuers would have integrated their stablecoins into these networks. Additionally, ZachXBT noted that addresses linked to Ripple co-founder Chris Larsen still hold a significant amount of XRP, with the potential for continued selling off of the holdings.
2025-03-03 21:03:20
A whale transferred 37,000 ETH to Binance 40 minutes ago, making a profit of 38.06 million US dollars
According to on-chain data analyst Yu Jin's monitoring, a whale/institutional address that hoarded 40,000 ETH in September 2022 emptied the address 40 minutes ago and transferred 37,000 ETH (86.94 million USD) to Binance.
2025-03-03 21:03:19
Crypto ETPs Experience Record $2.9 Billion Weekly Sell-Off
Cryptocurrency exchange-traded products (ETPs) saw a significant sell-off last week, with outflows hitting a record $2.9 billion, marking the largest weekly decline in history. According to CoinShares, global crypto ETPs have experienced $3.8 billion in outflows over the past three weeks. The sell-off was influenced by various factors such as the $1.5 billion Bybit hack, hawkish comments from the US Federal Reserve, and a 19-week streak of inflows totaling $29 billion. Bitcoin suffered the most outflows, while Sui saw the highest inflows among ETPs last week. ETPs based on XRP also experienced significant inflows. Ethereum ETPs witnessed $300 million in outflows, despite monthly inflows reaching $490.3 million. The total assets under management in crypto ETPs dropped to $138.8 billion after peaking at $173 billion in January. This is an ongoing story, and more updates will be provided as they become available.
2025-03-03 20:03:06
Huobi Leverage has added AB trading today
On March 3rd, according to the official announcement of Huobi HTX, Huobi leverage has added AB assets and trading at 18:00 on March 3rd (UTC+8). The specific newly added isolated margin trading pairs are: AB/USDT (10X). Currently, AB/USDT spot trading has been launched on Huobi HTX.
2025-03-03 20:03:05
IntoTheBlock: Bitcoin may form resistance at $96,000 in the short term
According to IntoTheBlock analysis, the volatility of the cryptocurrency market has returned, and on-chain accumulated data can provide valuable references for identifying potential support and resistance levels. In the short term, about 1.66 million bitcoins are currently in a loss position, and these holders may choose to close their positions when the price rises to the cost price, thus forming a key resistance level around $96,000.
2025-03-03 20:03:03
Canaan Technology: The total amount of Bitcoin held has reached 1,355
NASDAQ-listed company Canaan Technology has released an update on its Bitcoin mining operations for February 2025 and disclosed the unaudited financial settlement for the fourth quarter ending on December 31, 2024. It revealed that the company holds a total of 1355 bitcoins, has achieved a fully operational hash rate of 0.93 EH/s since February this year, and is expected to generate approximately $89 million in total revenue for the fourth quarter of 2024.
2025-03-03 20:03:01
SlowMist: Owners of STAR10 tokens have given up their ownership
According to Slowmist monitoring, the owner of the STAR10 token has abandoned ownership. Earlier reports from GoPlus Security monitoring indicated that there are serious security risks with the STAR10 token released by Ronaldinho, and the owner can destroy tokens held by any holder. The official team recommends that the Ronaldinho team immediately abandon ownership to protect the community.
2025-03-03 19:02:53
AB tokens have been listed on Bitget, with over $3.5 million in airdrops to help expand the global ecosystem
On March 3rd, ABD AO announced that $AB has officially launched on Bitget exchange's innovation zone and Web 3 zone, further expanding global trading channels and promoting the widespread application of AB in the Web 3 field. This launch marks another important milestone for the ABDAO ecosystem, allowing more users to easily trade and hold $AB, further enhancing market liquidity.
2025-03-03 19:02:51
ISHARES Bitcoin Trust rises 9%
Before the US stock market opened, the Bitcoin strategy ETF rose by 8.9%, and ISHARES Bitcoin Trust rose by 9%.
2025-03-03 19:02:48