BTC hits $71,000, SBF sentenced to 25 years in prison

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BTC breaks through $71,000

The market situation shows that BTC exceeded US$71,000 and is now trading at US$71,014.19, with an intraday increase of 2.51%. The market fluctuates greatly, so please control risks.

SBF sentenced to 25 years in prison

SBF was sentenced to 25 years in prison in New York for defrauding billions of dollars (instead of 20 years as previously reported online).


Quotes

As of press time, according to coinmarketcap data:

BTC’s recent transaction price was US$70,824.1, with an intraday increase or decrease of -0.68% ;

ETH’s recent transaction price was US$3,560.93, with an intraday increase or decrease of -0.52% ;

BNB’s recent transaction price was US$583.4, with an intraday increase or decrease of -0.31% ;

ORDI’s recent transaction price was $63.75, with an intraday increase or decrease of +2.15% ;

DOGE’s recent transaction price was $0.22, with an intraday increase or decrease of +1.54% ;

SOL's recent transaction price was $189.42, with an intraday increase or decrease of +1.11% .


policy

▌Cryptocurrency platform Abra reaches a settlement with the Oregon financial regulator

Cryptocurrency platform Abra and its CEO William Barhydt have reached a settlement with the Oregon financial regulator. According to the settlement agreement, Abra will return the assets held by Oregon users on the platform and stop issuing unregistered coins in the state. securities. Abra will not be subject to penalties if it successfully returns all assets to Oregon customers by April 25.


Blockchain application

▌JIGO BRC-20 NFT sales on the Bitcoin chain increased by 46.81% in the past 24 hours

Sales of the JIGO BRC-20 NFT on the Bitcoin chain increased by 46.81% in the past 24 hours to $1.96 million, ranking first in the NFT market. According to CryptoSlam data, the Bitcoin NFT market activity has increased significantly, with the number of transactions increasing by 60.2% on Thursday. The growth in JIGO sales has caused the Bitcoin NFT market to once again surpass the Ethereum NFT market and rank first.

▌Japan ’s SBI and Sumitomo cooperate to develop a blockchain-based real estate transaction data sharing solution SREC

Japan’s SBI Holdings, SBI Real Estate Finance, and Sumitomo Real Estate Sales have collaborated to develop SREC, a blockchain-based real estate transaction document and data sharing solution. They have already conducted a SREC demonstration, which uses R3’s Corda enterprise blockchain, and after the demonstration is successful, they plan to build a data sharing platform for the public. SREC can be used to share documents and data about the progress of the sales transaction process, making it more transparent.

Econia Labs: Reference Frontend is online and ready for fork

Econia Labs, a startup developing the order book protocol for the Aptos blockchain, announced on the The central limit order book develops the needs of products on the Aptos chain, and can also fork the repository to interact with the Econia protocol.


cryptocurrency

▌Activision Blizzard is investigating a hacking campaign targeting players, including stealing crypto wallets

Activision Blizzard is investigating a hacking campaign targeting players. The specific goals of the hackers are unclear at this time, besides stealing passwords for various types of accounts. According to sources, hackers somehow infected victims' computers with malware and then stole their passwords such as gaming accounts and crypto wallets.

Filecoin liquidity leasing protocol Glif distributes 75 million points before the token is released

Filecoin liquidity leasing protocol Glif has launched a points program ahead of the token’s launch. According to Filfox data, Glif has more than $372 million in total value locked and is currently the largest protocol in the Filecoin ecosystem. The agreement will distribute 75 million points in the points program. One source said that the Glif points program will be converted into its native token at a 1:1 ratio in the future.

Cathie Wood: Coinbase stock not “dumping,” but active portfolio management

Cathie Wood explains the reasoning behind selling Coinbase stock (COIN). Cathie Wood said, "The sale of Coinbase stock is not a 'dumping' but an active portfolio management. It has exceeded 10% of the portfolio. We are just taking profits. It is still the number one position. We are plowing those profits back into the market." Deployed into stocks." Two days ago, Ark Invest dumped $20.8 million worth of Coinbase shares.

▌View : The halving event may bring more benefits to Bitcoin ETFs

Michael Graham, an analyst at brokerage Canaccord, said, "While the macro outlook and the timing of potential interest rate cuts remain uncertain, the upcoming halving event may bring more benefits to Bitcoin ETFs."

Bitwise submitted a spot Ethereum ETF application to the U.S. SEC

Bitwise has submitted a spot Ethereum ETF application to the U.S. Securities and Exchange Commission (SEC). Earlier this month, Bitwise CIO Matt Hougan said that a spot Ethereum ETF should ideally be approved after May.


Important economic developments

Dinari: U.S. stocks will be closed on March 29, and trading will resume on April 1

Dinari, a blockchain-based securities investment platform, stated on social media that the U.S. stock market will be closed on Friday, March 29 due to a U.S. public holiday. Dinari trading will resume on Monday, April 1 at 9:30 AM ET and all pending transactions will be processed.

▌The three major U.S. stock indexes closed mixed

The three major U.S. stock indexes closed with mixed gains and losses, all recording their sixth consecutive monthly gain. The Dow rose 0.12%, the S&P 500 rose 0.11%, and the Nasdaq fell 0.12%. Among them, the S&P 500 Index and the Dow Jones Industrial Average both hit record closing highs.


Golden Encyclopedia

▌What is the Genesis Block?

The genesis block kicks off the blockchain by establishing the network, adhering to consensus rules, and linking all future blocks back to the starting point. In a Proof of Work (PoW) chain, the Genesis Block is the first block mined on the blockchain network and serves as the basis for all subsequent blocks. It is usually hardcoded into the protocol and created by the creator of the blockchain. Since there are no previous blocks to reference or mine, it does not involve the traditional mining process.

Disclaimer: As a blockchain information platform, Jinse Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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