According to CoinDesk, El Salvador has reached a cooperation agreement with Paraguay on cryptocurrency regulation, which is the second international cryptocurrency regulation agreement the country has signed in three months, after a similar agreement with Argentina. The agreement was signed last Friday by SEPRELAD, Paraguay's anti-money laundering agency, and CNAD, El Salvador's National Digital Asset Commission, with the aim of strengthening cooperation between the two parties in cryptocurrency industry regulation, detection of unauthorized cryptocurrency businesses, and anti-money laundering compliance. It is worth noting that the Central Bank of Paraguay had previously stated that cryptocurrencies are not authorized by it, warning the public to be cautious when interacting with unregulated entities. The agreement may mean that Paraguay is considering adopting a single digital asset regulatory system similar to El Salvador's.
According to Yuyan, Maker will update the oracle price to $1,806 at 10 am. If ETH fails to rebound above the whale's liquidation price before then, or the account fails to add more collateral, its position may face forced liquidation. Earlier today, it was reported that a whale/institution had urgently added more collateral, but the ETH liquidation risk has not yet been resolved.
According to Yuyan's monitoring, Longling Capital transferred 21,000 ETH (about $38.81 million) to Binance 15 minutes ago.
According to The Block, the total transaction fees generated on the Solana network last week were only 53,800 SOL, the lowest level since September 2024, down 10% from the previous week. Of this, 77% of the fees came from users paying "acceleration fees" (Jito tip fees) to validators, a figure that has dropped significantly from the peak of the $TRUMP and $MELANIA meme coin craze (fourth week of January). The 7-day moving average (7DMA) of active addresses on Solana has also declined by 35% over the same period, leading to a 50% drop in the SOL price since January 20. In addition, the "graduation" rate (from Pump.fun to Raydium DEX) of tokens on the Solana ecosystem platform Pump.fun has dropped to 0.89% per day, far below the 1.6% per day in January.
OKX market data shows that BTC has just fallen below $77,000, currently trading at $76,996.10 per coin, down 3.80% intraday.
According to Onchain Lens monitoring, Mt. Gox has just transferred 11,502 BTC (about $905 million) to an unknown wallet. This move may be related to the exchange's creditor repayment plan.
According to Yuyan's monitoring, a whale facing the risk of liquidation on its leveraged long ETH position had to sell 25,800 ETH (about $47.81 million USDT) to reduce the liquidation line. This sale occurred 5 hours ago when the ETH price fell to $1,853, further exacerbating the downward pressure on the market. The whale originally bought the ETH in July 2024 at an average price of $3,084 using leverage, and the loss on the leveraged portion alone has reached $31.75 million.
According to the latest version of the "Guidance and Establishing Innovation for U.S. Stablecoins Act" (GENIUS Act 2025) published by the U.S. Senate, the updated bill specifically expands the "Reciprocity for Payment Stablecoins Issued in Overseas Jurisdictions" provisions. The U.S. Treasury Secretary is required to reach bilateral agreements with countries that have similar stablecoin regulatory frameworks to ensure coordination on reserve requirements, supervision, anti-money laundering and counter-terrorism measures, sanctions compliance standards, liquidity requirements, and risk management standards. This reciprocal arrangement needs to be completed within two years of the bill's enactment to facilitate international transactions and enhance the interoperability of overseas payment stablecoins pegged to the U.S. dollar. Additionally, the bill explicitly excludes licensed payment stablecoin issuers from the definition of "commodity" under the Commodity Exchange Act, further clarifying regulatory responsibilities.
Amid concerns about a U.S. economic recession, U.S. stocks plummeted on Monday, with the Dow Jones initially down 2%, the S&P 500 down 2.7%, and the Nasdaq down 4%. Tesla (TSLA.O) plunged 15.4%, Apple (AAPL.O) fell nearly 5%, and Nvidia (NVDA.O) dropped 5%. Among blockchain concept stocks, Hut 8 fell 15.03%, Canaan (CAN.O) fell 14.17%, MicroStrategy (MSTR.O) fell 16.68%, and Coinbase (COIN.O) fell 17.58%.
Coinbase Assets has announced that it will add support for Cookie DAO (COOKIE) on the Base network. Please do not send this asset through other networks, or your funds may be lost. The specific trading start time has not been disclosed.
According to the official Coinbase announcement, Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), will launch 24/7 Bitcoin and Ethereum futures contracts in the coming weeks, allowing U.S. traders to manage risk and seize opportunities just like trading cryptocurrencies. Coinbase is also developing a perpetual futures contract to fill a long-standing gap in the U.S. market. These innovations aim to respond to the strong demand from native cryptocurrency traders, making the U.S. market more accessible, competitive, and aligned with global standards.
According to official information, the Movement Network Foundation has announced that the Movement public mainnet Beta version has been launched, and MOVE token is the native Gas token of the Movement Network. The official bridge supported by LayerZero has also been launched simultaneously, allowing users to bridge MOVE, USDT, USDC, WETH and WBTC between Movement and Ethereum. It is reported that the Dapp functions open on the first day of launch include: bridging MOVE using the official bridge; staking MOVE on Thunderhead, Meridian or Movernance; buying NFTs or releasing a collection on Tradeport; depositing assets into Canopy to earn yields; borrowing and lending on MovePosition or Echelon; trading on Yuzu or Warpgate; issuing tokens on move.fun or warpgate.fun; launching AI agents on DeAgentAI or interacting with agents on RNDM; minting AI art NFTs on CoScription or uploading models; making predictions on BRKT. Furthermore, according to the official roadmap, Movement Network's fast finality mechanism is planned to be launched soon, and other features including a decentralized shared sequencer are under development.
According to Cointelegraph, the total value of cryptocurrencies locked in DeFi protocols (TVL) has fully retraced the gains made since Trump's election as US President in November 2024. Analyst Miles Deutscher points out that since the US election, DeFi TVL peaked at $138 billion on December 17, but has since fallen to $92.6 billion as of March 10. With the meme coin frenzy fading, Solana has become the target, but Ethereum has also faced challenges in the recent cycle, failing to set a new all-time high, while broke through $109,000 on Trump's inauguration day (January 20). DefiLlama data shows that Ethereum's TVL has fallen $45 billion from its cycle high. Despite positive developments in the industry, such as the launch of a spot ETF in the US and Trump signing an executive order to establish a strategic reserve, Ethereum has yet to surpass its $4,787 all-time high set in November 2021.
According to reports cited by JinShi, the UK Treasury has stated that it has "no plans" to introduce a US-style reserve.
MyShell issued an official statement regarding the announcement and the SHELL buyback plan: "On March 7, we received a notice from the team indicating that one of our market makers was involved in non-compliant behavior. We immediately terminated our cooperation with that market maker and introduced multiple new partners to ensure stable liquidity. All accounts related to that market maker have been suspended, and their remaining assets will be transferred to our new market makers. Furthermore, all stablecoins sold by that market maker will be used to buy back SHELL within 90 days. To ensure full transparency, we will publish the wallet addresses related to the buyback for community members to verify. In addition, we are closely cooperating with to ensure the openness and transparency of this process."
According to CoinDesk, Thailand's Securities and Exchange Commission (SEC) is expanding its list of approved cryptocurrencies, adding two major stablecoins - Tether's USDT and Circle's USDC - as trading pairs for digital asset exchanges. Previously, the regulator had only approved , , , , and certain tokens used in the Thai banking settlement system. This move comes after a public consultation in February, during which most respondents supported the proposal. The new regulations will take effect on March 16.
According to the official blog, Tether has announced that the Thai Securities and Exchange Commission (SEC) has accepted USDT as a licensed cryptocurrency. This approval means that USDT can be legally traded in Thailand, paving the way for USDT to be listed on regulated exchanges in Thailand, and also laying the foundation for the widespread use of USDT in Thailand's payment sector.
Strategy (formerly MicroStrategy) has filed a prospectus to issue up to $21 billion worth of 8.00% Series A perpetual voting preferred stock. This issuance aims to raise funds for general purposes, including potential acquisitions. MicroStrategy plans to continue its strategy of accumulating , using equity, debt financing, and operating cash flow proceeds. The filing does not mention any new purchases, but emphasizes the company's ongoing commitment to its strategy.
According to JinShi, BTC Inc. CEO David Bailey, one of the dozens of insiders invited to a recent summit with Trump, proposed on social media that the two ideas could be combined to increase the crypto reserve without spending a dime. Bailey stated that many elites in emerging markets want to live in the US, but find it difficult to transfer $5 million abroad. provides a simpler, safer, and more prudent solution, and the "gold card" program proposed by Trump could potentially be paid for with . If the government actually adopts this measure, it should send another clear signal to the world that the US is serious about incorporating into its domestic policies.
According to Bloomberg, Singapore Exchange Ltd. (SGX) plans to launch perpetual futures, a further step into the crypto derivatives market by a traditional exchange. An SGX spokesperson said the company intends to launch these contracts in the second half of 2025, and will strictly target institutional clients and professional investors, prohibiting retail trading of these instruments. SGX aims to become a bridge between the regulated financial markets and the unregulated crypto trading world. The spokesperson said they believe their offerings will "significantly expand institutional market access". The planned products are still pending approval from the Monetary Authority of Singapore.
According to reports cited by JinShi, Japan's crypto reform bill will be submitted to parliament after cabinet approval.
According to Decrypt, Standard Chartered's global head of digital assets research Geoff Kendrick has proposed that the US government can purchase through several budget-neutral methods when executing the latest executive order by President Trump. Kendrick detailed these strategies, noting they would avoid "additional costs to US taxpayers", which Trump had prohibited in his Thursday order to establish a strategic reserve. In a research report last Friday, Kendrick wrote that the Trump administration could do this by "selling gold", tapping the so-called Exchange Stabilization Fund (ESF) of the US Treasury, or incorporating budget-neutral plans into Senator Cynthia Lummis' proposed 2024 Bill. According to World Gold Council data, the US government currently holds 8,133.46 tons of gold reserves, worth around $758 billion at current prices.
