Highlights for Next Week
March 10
MegaETH will deploy its testnet on March 6 and start accepting user participation on March 10;
March 11
U.S. Congressman: A major Bitcoin policy-related event will be announced next Tuesday;
March 12
The U.S. will release the February CPI data at 20:30 on March 12;
From March 10 to March 16, here are more noteworthy events to watch out for.
March 10
Odaily: According to Fox Business reporter Eleanor Terrett, based on information from three Senate aides familiar with the matter, Republican members of the Senate Banking Committee are considering reviewing and revising Senator Hagerty's stablecoin bill (GENIUS Act) during the week of March 10.
Odaily: The Bitget Launchpool project ELX has opened for investment. As of the time of writing, the current BGB pool yield is 108.75% APR, and the DEUSD pool yield is 142.43% APR. The lock-up period is from 18:00 on March 7 to 18:00 on March 10 (UTC+8).
Odaily: Movement has posted a video on X, hinting that it will officially launch its public mainnet on March 10. Users have inquired on Discord whether this means they can claim the mainnet airdrop tokens on that day, and Movement team member Craesol replied "Later", indicating that the token claim is still pending.
Previously, Movement had launched its developer mainnet at the end of January, and its co-founder Rushi Manche had mentioned earlier this month that the public mainnet had been launched internally and would be immediately deployed after completing the bridge security procedures.
MegaETH will deploy its testnet on March 6 and start accepting user participation on March 10
Odaily: MegaETH announced on the X platform that this week is the testnet launch week. Specifically, they will deploy the testnet on March 6, provide exclusive access support for applications and infrastructure teams from March 6 to March 10, and start accepting user participation on March 10. The current testnet will provide users with a single-threaded performance of 1.68 Ggas/sec and an effective block time of 15 milliseconds, and more features will be expanded in the future. To reduce the issue of public faucets, the testnet ETH will be directly distributed to participants' wallets during the access phase (March 10).
Odaily: According to the official announcement, PancakeSwap will discontinue its simple staking product on March 10, 2025, at 8:00 (UTC+8), and users are advised to withdraw their funds in time. This move aims to simplify the product and focus on providing the community with more sustainable and impactful products.
March 11
U.S. Congressman: A major Bitcoin policy-related event will be announced next Tuesday
Odaily: U.S. Congressman Nick Begich from Alaska posted on the X platform, stating, "Now is the time for America to become the Bitcoin superpower; I'm working on something big with (U.S. Senator and Chair of the U.S. Senate Banking Digital Assets Subcommittee, Cynthia Lummis). Stay tuned, we'll reveal it next Tuesday."
This message has been reposted and confirmed by Cynthia Lummis.
Binance will delist several leveraged trading pairs on March 11, 2025
Odaily: According to the official announcement, Binance Margin will delist the following leveraged trading pairs on March 11, 2025, at 06:00 (UTC):
Cross margin trading pairs: CATI/FDUSD;
Isolated margin trading pairs: ATA/BTC, CATI/FDUSD, XAI/FDUSD.
Starting from the announcement, users will not be able to transfer the assets of the above trading pairs to the isolated margin account through manual or automatic transfer modes. If users have outstanding liabilities in the above tokens, they can only manually transfer assets not exceeding the liability amount to the isolated margin account. On March 5, 2025, at 06:00 (UTC), Binance Margin will temporarily suspend the lending function for the above isolated margin trading pairs. On March 11, 2025, at 06:00 (UTC), Binance Margin will close user positions, perform automatic settlement, and cancel all orders for the above cross margin and isolated margin trading pairs. These trading pairs will then be removed from Binance Leverage. Users can still trade other available trading pairs on Binance Margin. Binance recommends that users close their positions or transfer assets from the leverage account to the spot account before the March 11, 2025, 06:00 (UTC) deadline for margin trading. Binance will not be responsible for any potential losses.
March 12
The U.S. will release the February CPI data at 20:30 on March 12
Odaily: The most important economic data for the coming week is the release of the U.S. February CPI inflation report on Wednesday. These inflation reports will be the last batch of important data before the Federal Reserve's next meeting on March 18-19. The previous non-farm payrolls have heightened concerns about the resilience of the U.S. economy. Morgan Stanley and Goldman Sachs have downgraded their growth forecasts for the U.S. economy. If inflation remains strong, the voices calling for U.S. stagflation will grow louder.
The pre-trial hearing for Samourai Wallet will be held on March 12, 2025
Odaily: The pre-trial hearing for the Bitcoin privacy wallet Samourai Wallet has been postponed from December 17 to March 12, 2025, a 90-day delay, and the trial date has been set for November 3, 2025.
SBI's crypto exchange SBI VC Trade will launch the USDC stablecoin test service on March 12
Odaily: Japan's financial giant SBI Group's crypto exchange SBI VC Trade announced on March 4 that it has completed the registration of the "Electronic Payment Service Providers" in Japan, which is the first registration related to stablecoin trading. After obtaining the approval, the company will start processing the USDC stablecoin issued by U.S. company Circle on March 12. However, this function will be in the testing phase for now, and the circulation will be limited to within the group. With this latest approval, SBI VC Trade now holds three licenses: crypto exchange business, Type 1 financial instruments business, and electronic payment instruments transaction business. (Coindesk)
The modular blockchain network Hemi plans to launch its mainnet on March 12
Odaily reported that the modular blockchain network Hemi announced that it plans to launch its mainnet on March 12, 2025. Hemi completed a $15 million seed round in September 2024, with investments from Binance Labs, Breyer Capital, and Big Brain Holdings.
March 13
None
March 14
None
March 15
The PENGU airdrop claim will end on March 15, 2025
Odaily reported that the claim period for the Pudgy Penguins token PENGU airdrop will end on March 15, 2025.
March 16
Ethereum Foundation: Applications for the 2025 academic grant round must be submitted by March 16
Odaily reported that according to the official announcement, the Ethereum Foundation has announced that applications for the 2025 academic grant round must be submitted by March 16. The foundation will provide $2 million in funding to support frontier research in areas such as protocol design, client engineering, and humanities.
