24-Hour Hot Cryptocurrencies and News | Khamenei's son elected Iran's new Supreme Leader; CLARITY bill expected to pass in July (March 9)

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1. Popular cryptocurrencies on CEXs

Top 10 CEX trading volumes and their 24-hour price changes:

  • BTC: -0.89%
  • ETH: -0.34%
  • SOL: -0.31%
  • XRP: -0.18%
  • DOGE: +0.02%
  • BNB: -0.18%
  • TRX: +0.94%
  • ADA: -0.79%
  • SIGN: +13.3%
  • BANANAS31: -5.58%

24-Hour Gainers List (Data Source: OKX):

  • BABY: +29.13%
  • RESOLV: +17.45%
  • HUMA: +13.68%
  • ILV: +11.4%
  • SAHARA: +10.07%
  • CHZ: +6.91%
  • LUNA: +6.87%
  • CAT: +6.18%
  • PIXEL: +5.99%
  • ROBO: +5.35%

24-hour (Monday, based on last Friday's closing performance) list of top gainers in cryptocurrency stocks (data source: msx.com ):

  • Hims & Hers Health, Inc. -MSX (HIMS.M): 39.77%
  • Mawson Infrastructure Group Inc. - MSX (MIGI.M): 7.19%
  • Vertiv Technologies - MSX (VRT.M): 5.06%
  • Eightco Holdings Inc. - MSX (ORBS.M): 4.85%
  • Upexi, Inc. - MSX (UPXI.M): 4.44%
  • Verb Technology Company, Inc. - MSX (VERB.M): 4.18%
  • US Crude Oil ETF - MSX (USO.M): 3.43%
  • EchoStar Communications - MSX (SATS.M): 3.26%
  • Moderna-MSX (MRNA.M): 3.1%
  • Long in silver spot ETF (2x leverage) - MSX (AGQ.M): 2.68%

2. Popular on-chain memes (data source: GMGN ):

  • Solana: XPD, AUTISM, Doom
  • BSC: Lobster, Binance, WOC

Headlines

Khamenei's son, Mojtaba, was elected as Iran's new Supreme Leader.

Odaily Odaily reported that early this morning (March 9th), the Iranian Council of Experts confirmed Mojtaba Khamenei as the new Supreme Leader of Iran. According to the Iranian constitution, the Supreme Leader has almost final decision-making power over all major matters and serves as the Supreme Commander of the Iranian Armed Forces. Public information shows that Mojtaba Khamenei was born in 1969 and is the second son of the late Supreme Leader Ali Khamenei. (Jin Shi)

Trump: Iran's new Supreme Leader will not remain in power for long without my approval.

According to ABC Odaily, Trump recently stated in an interview that as Iran gets closer to electing its next Supreme Leader, the new leader "won't last long" if he doesn't approve the candidate beforehand. He said in the interview, "He has to get our approval, and if he doesn't get our approval, he won't last long. We want to make sure we don't have to repeat this every 10 years, especially when you don't have a president like me who is uncompromising." He added, "I don't want people to have to go through the same thing again in 5 years, and worse, we absolutely cannot let them have nuclear weapons." (Jin Shi)

The Clarity Act is expected to pass in July, with the White House and senators actively pushing for its passage.

According to Odaily Odaily, Kristin Smith, a senior Washington crypto policy expert and president of the Solana Policy Institute, stated that the CLARITY Act, legislation targeting crypto assets and services, could pass Congress before July. In the latest episode of Fortune Crypto Playbook, Smith pointed out that despite Coinbase CEO Brian Armstrong withdrawing his support in January, causing industry concerns, the active involvement of several key senators and the White House team makes the bill still likely to move forward. Smith revealed that the legislative team is pushing the Senate Banking Committee to complete its review in March or April so that the bill can be submitted to the full Senate for a vote before the July recess. She emphasized that traditional financial institutions and crypto companies are actively participating in negotiations for the first time, and President Trump is also pressuring banks through social media, increasing the likelihood of the bill's passage. If it proceeds smoothly, the CLARITY Act will provide clear rules for the integration of crypto assets into the mainstream financial system, marking a new phase in crypto industry regulation. (Fortune)

Industry News

DeFi stablecoin interest rates hit their lowest level since June 2023.

According to Odaily Odaily, Blockworks published an article on the X platform stating that stablecoin interest rates in DeFi have fallen to their lowest level since June 2023.

ETH co-founders suspected of selling $157 million worth of ETH.

According to AiYi's Odaily, ETH co-founder Jeffrey Wilcke appears to have sold 79,300 ETH, worth $157 million. Seven months later, his addresses have become active again, with four addresses transferring a large amount of ETH to Kraken five minutes ago; he currently holds 27,400 ETH on-chain, with a total value of $54.37 million.

Coinbase Prime launches unified margin feature, covering spot, derivatives, and regulated perpetual contracts.

Odaily Odaily reports that Coinbase has announced the launch of regulated futures and unified cross-product margin functionality for its Coinbase Prime service, covering both the cryptocurrency spot and derivatives markets. Through Coinbase Financial Markets, it will provide 24/7 access to over 20 futures contracts while integrating Coinbase's existing perpetual contracts. This feature allows institutions to share margin within a single account, improving the capital efficiency of hedging strategies, simplifying portfolio management, and supporting unified risk assessment for spot and futures positions. This will enable trading, custody, financing, and risk management to operate in a unified environment.

SOL Treasury's DeFi Development plans to launch a dividend-paying stablecoin.

According to Odaily Odaily, Nasdaq-listed Solana DeFi Development announced plans to launch a dividend-paying stablecoin following its strategic investment in stablecoin protocol development project Apyx. The aim is to introduce transparent returns to the stablecoin market. The two parties reportedly also discussed token economics, valuation frameworks and development roadmaps, as well as how to utilize the Digital Asset Treasury (DAT) dividend preferred stock.

Project News

Lighter has repurchased 7.48 million LIT, representing approximately 3% of the circulating supply.

Odaily Odaily reports that Lighter announced on the X platform that since TGE, the Lighter protocol has repurchased 7.48 million LIT tokens, representing approximately 3% of the circulating supply. Daily repurchases are executed programmatically. All value created by Lighter products and services belongs entirely to LIT holders.

PancakeSwap responds to plagiarism allegations: Will contact the Curve team directly to discuss the matter.

According to Odaily Odaily, in response to Curve Finance's accusation that PancakeSwap appears to have used Stableswap's code and borrowed security practices to protect user funds without permission, violating its open-source license agreement, PancakeSwap issued a statement saying it will contact the Curve Finance team directly to discuss the matter.

Warden Protocol is rumored to have absconded with funds, and its token price has plummeted by 90% since its listing on Binance Alpha.

According to community user Odaily, Warden Protocol (WARD) appears to have absconded with users' funds. Its token price has plummeted by 90% since its listing on Binance Alpha. It is understood that Warden Protocol was initially positioned as an intent-driven modular blockchain network, but later shifted to an AI-related narrative. It once claimed that all three co-founders of the team had previous Binance backgrounds.

Investment and Financing

On-chain escrow decentralized protocol OmniPact completes $50 million private funding round

Odaily Odaily reports that OmniPact, a decentralized protocol building a trust layer for peer-to-peer transactions of physical and digital assets, has announced the completion of a $50 million private funding round. The investors are a consortium of institutional investors and family offices who requested anonymity. The protocol uses smart contracts as on-chain collateral to solve the "trust problem" in peer-to-peer transactions. The new funding will support the development of its core contracts and multi-chain infrastructure, as well as related security audits, and will also drive the launch of its testnet in the first quarter of 2026. (BusinessInsider)

Regulatory policies

Bloomberg analysts: The US CFTC may share offices with the SEC, but the two will not merge.

According to a post on the X platform by Eric Balchunas, a senior ETF analyst at Odaily, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are discussing relocating to a single office location in Washington, D.C., but they will not merge. This relocation plan has reportedly been under discussion since last year, and is expected to be implemented no earlier than 2027. The General Services Administration (GSA), the agency responsible for overseeing federal housing, is also involved in the matter.

The Florida Senate unanimously passed a stablecoin regulatory bill, establishing a state-level regulatory framework for payment-type stablecoins.

The Florida Odaily passed Senate Bill 314 on Thursday with a vote of 37-0, paving the way for a regulatory framework to be established for the issuance of payment stablecoins in the state. The bill, along with its accompanying House Bill 175, will be submitted to Governor Ron DeSantis for his signature within the next 30 days. The bill reportedly prohibits payment stablecoin issuers from paying any form of interest to holders, provided that "federal law prohibits such payments." The accompanying bill, CS/CS/SB 1440, also passed on the same day, expanding the protection of confidentiality for information from virtual currency companies, qualified payment stablecoin issuers, and other institutions to protect trade secrets and non-public information. (The Block)

South Korean financial authorities plan to ban companies from investing in stablecoins.

Odaily to Odaily, South Korea's Financial Services Commission is drafting "Guidelines for Corporate Virtual Currency Trading," which will exclude stablecoins from the permitted investment scope. These guidelines aim to allow listed corporations and registered professional investment entities to trade digital assets for investment or financial purposes. To prevent disorderly investment in the early stages of the market, the authorities have decided to exclude USDT, USDC, and other US dollar stablecoins from the permitted scope.

One reason stablecoins are excluded is that the current South Korean Foreign Exchange Transaction Law does not recognize them as a means of external payment. Including stablecoins in the scope of investment permits would conflict with the existing legal system, effectively allowing companies to use stablecoins for trade and other commercial purposes. The South Korean National Assembly is currently reviewing an amendment to the Foreign Exchange Transaction Law that proposes recognizing stablecoins as a means of payment; this bill was proposed last October.

It is understood that some listed companies with a high proportion of trade have requested that stablecoins be included in the scope of licensing so that they can use stablecoins for foreign exchange hedging. Even if excluded from the guidelines, companies can still trade stablecoins through personal wallets or overseas exchanges. Industry insiders revealed that the relevant working group has completed its work, but the release time of the guidelines is linked to the legislative process of the Digital Asset Basic Law.

Character * Voice

OpenClaw founder: I have never used Weibo, and the so-called official account is not under my control.

According to Odaily Odaily, in response to a question about whether he was aware that OpenClaw had opened an official Weibo account, OpenClaw founder Peter Steinberger stated on the X platform that he has never used Weibo and that the so-called "official Weibo" is not under his control.

Strategy's Head of Strategy: STRC and MSTR will become the ultimate Bitcoin accumulation machines; the bear market structure has been completely changed.

According to Odaily Odaily, Chaitanya Jain, Head of Strategy at Bitcoin Treasury Strategy, stated in an article on the X platform that Strategy purchased approximately 8,000 Bitcoins for only about $300 million throughout 2022, and in the first two months of 2026, the company had already invested approximately $4.3 billion to purchase approximately 48,000 Bitcoins. This continuous and large-scale institutional buying pattern may permanently change the market structure of the Bitcoin bear market. Against this backdrop, Strategy's perpetual preferred stock STRC and MSTR will together constitute the "ultimate Bitcoin accumulation machine."

Peter Schiff: Soaring oil prices will not lead to increased inflation, but only to an economic recession.

According to Odaily Odaily, economist Peter Schiff stated in an article on the X platform that soaring oil prices will not lead to increased inflation, but rather trigger an economic recession. What truly causes increased inflation are the fiscal and monetary policies implemented after the oil price surge.

Agent of "1011 Insider Whale": The US-Iran war could trigger a 15% oil supply gap, far exceeding historical levels.

According to Odaily Odaily, Garrett Jin, an agent for "1011 Insider Whale," stated in an article on the X platform that there is a clear correlation between historical oil supply gaps and oil price increases: in 1973, a supply gap of approximately 7% drove oil prices up by about 300%; in 1979, a gap of approximately 5% drove up prices by about 150%; and in 1990, a gap of approximately 6% drove up prices by about 130%. Currently, the potential supply shock surrounding the Strait of Hormuz is about 15%, far exceeding historical cases. Most current institutional models assume this shock will last only "a few days to a few weeks," but almost no models anticipate it could last for months. In reality, once the market consensus on the duration is broken, more long positions may be forced into the market, further pushing up oil prices.

Trader Wesley: Found a tracker in his car and alerted his colleagues to be careful.

Odaily Odaily reports that trader Wesley posted on the X platform that he received a notification on his phone three days ago about an unknown tracking device. Today, he found the device under his car's hood and believes he is the target. He has already reported it to the police. He reminded his colleagues not to ignore "unknown device" alerts on their phones and to carefully check their vehicles.

Source
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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