Grayscale: Bitcoin's further appreciation does not need to rely on the US crypto strategic reserve
U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve in the United States to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed higher. At the same time, Bitcoin will begin to act as a store of value this year, especially in light of concerns that Trump's tariff policies may lead to a resurgence of inflation.
2025-03-07 17:02:57
Spot gold hit $2,920/oz, up 0.31% on the day
Spot gold touched $2920 per ounce, up 0.31% on the day.
2025-03-07 17:02:56
Manus clarifies: Never involved in cryptocurrency projects, token issuance or blockchain initiatives
Manus co-founder and chief scientist Yichao Peak Ji issued a statement on X, stating: "Our official X account (@ManusAI_HQ) was unexpectedly frozen yesterday. We are actively working with the X team to resolve this issue. Initial observations indicate that this freeze may be related to third-party mentions of cryptocurrency scams. To clarify: Manus has never been involved in cryptocurrency projects, token issuance, or blockchain plans, and any cryptocurrency companies with similar names claiming to be associated with us are fraudulent. We are taking legal action against these imposters and encourage users to report suspicious accounts." (Jinshi)
2025-03-07 16:03:13
Musk's Grok published a post suggesting that "GrokCoin" be used as the name of memecoin
Musk's large language model Grok replied on Twitter: As Grok, I suggest using "GrokCoin" as the name of the memecoin - it is both fun and related to my AI identity, and it is also attractive to cryptocurrency enthusiasts. Meme coins usually draw inspiration from internet trends and humor, such as Dogecoin's dog meme origins, and can gain attention through community participation on platforms like X. Subsequently, someone guided Grok to reply through a comment with the same name grokcoin and posted the contract address, and later this person deleted the guided comment.
2025-03-07 16:03:11
TON Ventures plans to set up AI and crypto research teams
On March 7th, TON Ventures director Howard Peng stated that they are considering forming a research team focused on the combination of AI and cryptocurrency, and plan to explore product-market fit (PMF) on Telegram.
2025-03-07 16:03:09
A certain address spent 18 SOL to buy 17.69 million GrokCoins, with a floating profit of $185,000
According to on-chain data analyst @ai_9684xtpa, the first address holding GrokCoin only spent 18 SOL (approximately $2560) to buy 17.69 million tokens at an average price of $0.0001447. Within the past 6 minutes, this address sold 18,000 tokens to break even, with the remaining 92.6% of the holding still showing a profit of $185,000.
2025-03-07 16:03:07
21Shares Strategy Director: The United States can increase reserves by "confiscating Bitcoin obtained from crime" and "purchasing Bitcoin with fines"
On March 7th, Eliezer Ndinga, strategy director at 21Shares, stated on social media that he believes the U.S. government has two ways to increase its Bitcoin reserves. The first is by seizing Bitcoin obtained from criminal activities, such as the 174,000 Bitcoins in the Silk Road case, which would not require additional spending; the second is to use fines collected by cryptocurrency law enforcement agencies (such as the U.S. Securities and Exchange Commission/Commodity Futures Trading Commission) to purchase Bitcoin.
2025-03-07 15:01:17
Solana Co-founder: Bitcoin Executive Order is not a government rescue action for cryptocurrency
According to Solana co-founder Anatoly Yakovenko's tweet, the Bitcoin executive order is a "scalpel," not a government bailout of the cryptocurrency market, but rather a further elimination of regulatory uncertainty that has plagued the industry for the past four years.
2025-03-07 15:01:15
Initia will shut down the wallet extension on March 18, and users need to migrate their data in time
Initia officially announced that Initia will close its wallet extension service at 3:00 am on March 18th (UTC). Initia wallet users must complete the migration before this date, otherwise they will not be able to access data on the test network, including test network Jennie and related data. Users can migrate their wallets through migration.initia.xyz.
2025-03-07 15:01:14
A whale is spending 15.7 million USDC to buy HYPE tokens
According to Lookonchain monitoring, a whale is spending 15.7 million USDC to buy HYPE tokens. In the past two days, he has already purchased 563,238 HYPE tokens (worth 8.93 million US dollars) and set multiple limit orders between $12 and $14.63, preparing to continue buying with the remaining 6.49 million US dollars USDC.
2025-03-07 15:01:12
Odin.fun is suspected to be hacked, users should pay attention to asset security
On March 7th, according to community members' feedback, a deposit of 74 BTC was not recorded with the corresponding transaction hash on the mainnet yesterday. Currently, only 88 BTC of existing deposits remain on the Odin platform, indicating that the platform may have been hacked. In addition, crypto influencer Yuyue mentioned that the platform funds are temporarily unable to be withdrawn.
2025-03-07 15:01:10
A whale transferred 2,619 ETH to Kraken, and the profit may exceed 7.4 million US dollars
According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with the address 0x122f transferred 2,619 ETH (approximately $5.79 million) to the Kraken exchange 11 hours ago.
2025-03-07 14:13:32
A whale liquidated 5,372 ETH in one hour and borrowed 1,986 ETH for short selling
According to Ember monitoring, possibly due to the fact that the market did not meet expectations after Trump signed the Bitcoin Reserve Executive Order, a whale sold 7,358 ETH at a price of $2,154 in the past hour, exchanging it for 15.848 million USDS (Spark Protocol stablecoin): not only liquidating its own holdings of 5,372 ETH, but also borrowing 1,986 ETH to short sell.
2025-03-07 14:13:31
A whale deposited 2,619 ETH to Kraken 11 hours ago, equivalent to $5.79 million
According to The Data Nerd monitoring, 11 hours ago, the whale 0x122f deposited 2,619 ETH into Kraken (equivalent to $5.79 million).
2025-03-07 14:13:29
Polymarket CEO to participate in White House digital asset roundtable tomorrow
Polymarket CEO Shayne Coplan posted on X, expressing that he is honored to represent Polymarket at tomorrow's White House digital asset roundtable meeting. Thank you for President Trump's invitation. This administration is committed to working with American innovators and revitalizing the American dream.
2025-03-07 14:13:28
A whale deposited 2,619 ETH to Kraken in the early morning, equivalent to about 5.79 million US dollars
As monitored by The Data Nerd, 12 hours ago, a whale starting with 0x122f deposited 2,619 ETH (equivalent to $5.79 million) into Kraken.
2025-03-07 14:13:26
Dubai's largest bank Emirates NBD launches cryptocurrency trading service
Emirates NBD, one of the largest banks in Dubai, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell, and trade cryptocurrencies on the Liv X app. The service is supported by Aquanow, a local digital asset company authorized by the Dubai Virtual Asset Regulatory Authority, with custody services provided by Zodia Custody, a subsidiary of Standard Chartered Bank.
2025-03-07 14:13:25
MetaDAO co-founder: Disagree with SIMD-0228 improvement proposal, focus on dynamic basic fees
Nallok, co-founder of the Solana ecosystem governance project MetaDAO, tweeted, "Regarding the improvement proposal SIMD-0228, I think what we see here is a wrong value system. We should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. Although I am pleased that everyone is interested in SIMD-0228, I don't think this is where we should focus. I believe it is likely to achieve its goals, but may not reach the scale it hopes for. If people want to see this happen, I suggest halving the impact, we can always come back to it, considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."
2025-03-07 14:13:23
FBI offers $10 million reward for former Olympic athlete suspected of using Tether to launder money
According to Decrypt, US authorities have offered a reward of $10 million for the capture of former Canadian Olympic snowboarder Ryan Wedding. Wedding is accused of being heavily involved in operating a multinational cocaine empire. The Federal Bureau of Investigation (FBI) announced on Thursday that this Canadian has been placed on the top ten most wanted list in order to capture him as soon as possible.
2025-03-07 14:13:21
Source: Trump may make a "big announcement" on digital asset taxation at the White House Crypto Summit
Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that sources revealed that Trump may make a "major statement" on digital asset taxation at the White House Cryptocurrency Summit.
2025-03-07 14:13:19