Headlines
▌Binance Launches First Voting Listing Activity
Binance announced the launch of its first voting listing activity. After completing official due diligence and procedures, two tokens will be selected from the following for listing on Binance: BANANAS31 (Banana For Scale), BID (CreatorBid), Broccoli (Broccoli; F3b), Broccoli (CZ'S Dog), KOMA (Koma Inu), SIREN (SIREN), mubarak (mubarak), TUT (Tutorial), WHY (why).
▌Trump to Attend US Digital Asset Summit
US President Trump will deliver a speech at the Digital Asset Summit (DAS) in New York this Thursday, which is the first time a sitting president has spoken at a cryptocurrency industry conference. Previously, Bo Hines, the executive director of the White House Presidential Digital Assets Advisory Council, stated that the Trump administration plans to establish a strategic BTC reserve and actively accumulate BTC "to build assets for the American people". The conference will also attract several political and industry leaders, including Congressmen Ro Khanna and Tom Emmer, as well as MicroStrategy CEO Michael Saylor and Ripple CEO Brad Garlinghouse. Trump's speech will be live-streamed on X and YouTube.
Market
As of the time of writing, according to Coingecko data:
BTC's latest trading price is $86,754.99, with a daily change of +4.3%;
ETH's latest trading price is $2,045.68, with a daily change of +5.2%;
BNB's latest trading price is $618.37, with a daily change of -1.2%;
SOL's latest trading price is $134.88, with a daily change of +6.9%;
DOGE's latest trading price is $0.1774, with a daily change of +4.9%;
XRP's latest trading price is $2.53, with a daily change of +9.6%.
Policy
▌Dubai Launches Real Estate Tokenization Pilot, Market Size Expected to Reach $16 Billion by 2033
The Dubai Land Department (DLD) announced the launch of a real estate tokenization pilot project, becoming the first real estate registry in the Middle East to use blockchain technology to manage property ownership certificates. The project is jointly developed by the DLD, the Virtual Assets Regulatory Authority (VARA), and the Dubai Future Foundation (DFF). The DLD expects that by 2033, the tokenized real estate transaction volume will reach 600 billion dirhams (about $16 billion), accounting for 7% of the total real estate transactions in the city. Marwan Ahmed Bin Ghalita, Director General of the DLD, stated that the project will "simplify and enhance the processes of buying, selling, and investing in local real estate", and the DLD is currently working with technology companies to improve the pilot project, which will then be gradually expanded.
▌Source: Trump to Unveil His Subsequent Crypto Policies at the US Digital Asset Summit
According to source Eleanor Terrett, Trump will unveil his subsequent crypto policies at the US Digital Asset Summit. Previously, it was reported that Trump will deliver a speech at the Digital Asset Summit (DAS) in New York this Thursday, which is the first time a sitting president has spoken at a cryptocurrency industry conference.
▌Trump Plans to Deliver a Speech at the Digital Asset Summit at 10:40 AM ET on Thursday in the Form of a Recording
According to source Eleanor Terrett, Trump plans to deliver a speech at the Digital Asset Summit at 10:40 AM ET on Thursday in the form of a recording. Eleanor Terrett previously stated that Trump is expected to unveil his subsequent crypto policies at the US Digital Asset Summit.
Blockchain Applications
▌Telekom MMS, a Subsidiary of Deutsche Telekom, Becomes a ZetaChain Validator
Telekom MMS, a subsidiary of Deutsche Telekom, has become a ZetaChain validator, using Deutsche Telekom's proprietary infrastructure stack Open Telekom Cloud (OTC) to enhance the security of the ZetaChain network. Telekom MMS will also provide developers of building general-purpose applications with access to decentralized and enterprise-grade Layer1 infrastructure.
▌TimBeiko: The New Ethereum Testnet Hoodi Has Been Launched
On March 19, Ethereum core developer TimBeiko announced that the new testnet Hoodi has been launched to help complete the Pectra testing, with the Pectra upgrade to be launched on the Hoodi testnet next Wednesday. The Ethereum testnet Holesky will be maintained until September.
Cryptocurrencies
▌XRP Surpasses Airbus to Rank 130th Among Global Assets
According to 8MarketCap data, possibly due to Ripple's announcement that the US Securities and Exchange Commission has abandoned its appeal, XRP's market capitalization has increased by 12.63% in the past 24 hours, currently reaching $147.07 billion, surpassing Airbus, Unilever, Tether, etc., and ranking 130th among global assets.
▌Hyperliquid Whale Closes 50x Leverage Long MELANIA Position, Then Opens 40x Short BTC
According to on-chain analyst Yujin, the Hyperliquid whale closed their 50x leverage long MELANIA position, making a profit of $87,000. They then reopened a short position on BTC: currently using $690,000 USDC as margin to short 326 BTC (worth $27.62 million) at 40x leverage. The opening price is $84,566, and the liquidation price is $85,545.
▌Volatility Shares Launches Two Solana Futures ETFs
Bloomberg ETF analyst Eric Balchunas posted on X that Volatility Shares has launched two ETFs tracking Solana futures: the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), with expense ratios of 0.95% and 1.85% respectively. The launch of these products may pave the way for a spot Solana ETF, which is expected to be approved this year.
▌Opinion: The Ruling on the Ripple Case from August 2022 Still Stands, Ripple May Need to Appeal to Waive the Fine
FOX Business reporter Eleanor Terrett posted on X that the ruling by Judge Torres on the Ripple case in August 2022 still stands, meaning Ripple still needs to pay a $125 million fine. Although the SEC has in principle agreed to abandon the appeal against the programmatic/secondary market sales, Ripple has not yet agreed to abandon its own appeal against the $125 million fine and the ongoing injunction that prevents it from selling XRP to institutional investors without registering those sales as securities. Sources say that technically, Ripple is now the plaintiff, not the defendant. Ripple can choose to continue appealing the fine and injunction, or it can waive the fine and injunction.
Important Economic Dynamics
▌Institution: The Market May Suffer Deeper Sell-Offs Before Seeing Support from Trump and the Fed
Although volatility is gradually increasing, the signs of a bear market are not yet clear, but investors may have to endure larger declines if they want to get support from Trump or the Fed. Karim Chedid, BlackRock's EMEA investment strategy chief, said on Tuesday that the "Fed put" may be removed as the central bank may maintain higher interest rates for a longer period against the backdrop of sticky inflation. In addition, Trump's 2.0 era presidency has less focus on the stock market compared to the first time. Lindsay Rosner, Goldman Sachs' multi-asset investment chief, said the Trump administration is focused on the 10-year US Treasury yield, and "if it reaches around 5.5%, I think that will raise concerns." "I think the question of when the Fed will intervene, when the US government will care, is a much more distant one than people thought two months ago."
▌Bannockburn Analyst: Fed Officials' Comments and Forecasts May Be More Important for the Dollar Than Rate Decisions
Bannockburn analyst Marc Chandler wrote that for the market, the comments and forecasts of Fed officials may be more important than their rate decisions. The central bank is expected to keep rates unchanged and update its economic projections. Chandler said Fed Chair Powell may be asked about the impact of tariffs on the economy, but he "may reiterate his recent assessment that the economy is in a position that allows the Fed to be patient." In addition, Chandler attributed the strength of the dollar today to short covering.
▌The Fed Continues to Keep Interest Rates Unchanged, in Line with Market Expectations
The Federal Reserve kept the benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations. The Federal Reserve has been cutting interest rates since September 2024, which is the second time the Federal Reserve has kept interest rates unchanged since January this year.
▌FOMC Statement: The Federal Reserve will begin to slow the pace of balance sheet reduction on April 1
The FOMC statement of the Federal Reserve shows that the Federal Reserve will begin to slow the pace of balance sheet reduction on April 1. The cap on the reduction of US Treasuries will be lowered from $25 billion per month to $5 billion per month, and the cap on the reduction of MBS will remain at $35 billion per month.
▌Circle has minted about 250 million USDC on Solana
According to Cointelegraph monitoring data, Circle has minted about 250 million USDC on Solana.
Jinse Encyclopedia
A cold wallet is a method of storing cryptocurrency that keeps it offline and disconnected from the internet. This setup makes it much harder for hackers to remotely access the funds. Examples include: hardware wallets (e.g. Ledger, Trezor), paper wallets, and air-gapped computers (devices that have never been connected to the internet).
Disclaimer: Jinse Finance, as a blockchain information platform, the articles published are for information reference only and are not actual investment advice. Please everyone to establish the correct investment concept and must improve risk awareness.
