Bitcoin Act can help the United States resolve debt
U.S. Senator Cynthia Lummis said today, "The Bitcoin Act is the solution to our debt problems and the future of the United States' prosperity."
StarkWare announces the establishment of a strategic Bitcoin reserve
StarkWare, the contributor to the agreement and development company behind Starknet, announced that it has established a "strategic Bitcoin reserve" and will hold more funds in the form of BTC in the subsequent round. StarkWare's valuation of $8 billion in the previous round of investment, is a core contributor to Ethereum's tier 2 Starknet. In the past few years, the company has invested more time and resources to conduct Bitcoin research. At present, StarkWare has not disclosed the specific details of how much Bitcoin it holds or plans to acquire.
Michael Saylor posted a post "The big thing is coming", implying that Bitcoin-related news may be announced
Michael Saylor, founder of Strategy, posted a post "₿ig things are coming.", in which the first letter of the word "₿ig" is a Bitcoin-related symbol, implying that Bitcoin-related news may be announced.
Standard Chartered Bank analyst: Bitcoin’s recent decline is related to the overall weakness of risky assets, and it is still bullish to $200,000 in the long run. Geoff Kendrick, head of digital assets research at Standard Chartered Bank, said that Bitcoin’s recent price fluctuations are consistent with the performance of risky assets such as the “Seven U.S. stocks”, rather than cryptocurrencies’ own problems. He pointed out that the decline in Bitcoin is mainly affected by overall market sentiment, and the future rebound may rely on two major catalysts: the overall recovery of risky assets or the positive news of Bitcoin (such as the United States or other sovereign purchases). If the Fed quickly turns to a rate cut (such as the probability of a rate cut in May rises from 50% to 75%), it may drive Bitcoin to rebound; but if the downward trend continues, Bitcoin may fall below $76,500 and test the $69,000 support level.
Despite short-term pressure, Kendrick remains optimistic about Bitcoin's long-term outlook, which is expected to reach $200,000 by the end of 2025. He stressed that current market volatility has increased the likelihood of the Fed's interest rate cut, further cementing his long-term bullish view. Meanwhile, Trump's tariffs and Fed's interest rate decisions will continue to affect market sentiment and bring uncertainty to Bitcoin's trend.
Bitcoin short-term futures are discounted on Deribit
Deribit's Bitcoin futures contract expired on Friday is currently trading below the index price of the trading platform, indicating weak market demand. "The short-term (7 days and within) yields fell to negative for the first time, meaning thatFutures prices are lower than spot, which we think is a clear bearish signal. ”
Bitcoin is approaching bottoming out and is expected to rebound in the second quarter
On March 12, LMAX Digital's Joel Kruger believes that the current weakness in the crypto market is "more caused by the sell-off effect after the news is cashed out and the technical overdue adjustment, rather than other factors. "But of course, there are more factors at play. The uncertainty of the U.S. economic outlook has triggered risk aversion in the market. Nevertheless, Kruger still believes that Bitcoin is approaching bottoming out and is expected to rebound in the second quarter. And in the former resistance range between $69,000 and $74,000, Bitcoin "should be extremely supportive." Kruger had earlier stated that Bitcoin's "store of value" narrative may help it get rid of the "misleading" correlation with traditional risk assets.
EthereumEthereum will launch Hooli test network on March 17
Golden Finance reports that Ethereum core developers announced that the new test network Hooli will be launched on March 17 for the final test Pectra upgrade, with the goal of deploying to the main network from the end of April to early May. Previously, Pectra failed to test on Sepolia and Holesky test networks due to misconfiguration, and Holesky was down for several weeks. Hooli will conduct a Pectra test upgrade on March 26. If successful, the developer plans to start the main network upgrade in 30 days.
The sentiment of the crypto community towards Ethereum continues to decline
Golden Finance reported that crypto analysis agency Santiment posted on social media that over time, the sentiment of the crypto community towards Ethereum continues to decline. As of press time, Ethereum, as the second-ranked cryptocurrency in market value, has temporarily been priced at $1,865. As more and more FUD (fear, uncertainty, and doubt) emotions emerge, the arguments about the possibility of an unexpected breakthrough in Ethereum eventually become stronger.
Former Ethereum Engineer: Ethereum should reduce research and focus on product delivery
On March 15th news, according to Crypto.news, former Ethereum Foundation engineer Hari said that Ethereum and EVM lack a clear and cohesive vision, which has led to EVM being unable to make progress. It believes that Ethereum needs more decisive leadership, and without such improvements, the only feasible path is "rigidity". In addition, Ethereum needs to focus less on research and more on delivery. At this time, Ethereum should reflect on what went wrong in the past five years and work hard to solve it. If Ethereum operates exactly the same way as in the past five years and has no changes, it will produce the exact same results.
The US SEC confirmed that it received an application for a Fidelity Ethereum ETF staking proposal
Golden Finance reported that the U.S. Securities and Exchange Commission (SEC) confirmed that it had received an application for a pledge proposal for Fidelity Ethereum ETF.
The average Gas fee for Ethereum dropped by 95% after a year of Dencun upgrade
Golden Finance reported that the average Gas fee for Ethereum dropped by 95% in the year after the Dencun upgrade. On March 13, 2024, Ethereum’s Dencun upgrade was launched, which combines the Cancun upgrade of the execution layer and the Deneb upgrade of the consensus layer, and introduces nine Ethereum improvement proposals (EIPs). According to YCharts, the average Gas fee for Ethereum has dropped from 72 gwei in 2024 to just 2.7 gwei on March 12, 2025.
Other projectsSol Strategies announces acquisition of 3 Solana verification nodes
According to official sources, Toronto-based cryptocurrency holding company Sol Strategies announced the acquisition of three additional Solana verification nodes, including Laine, and stakewiz.com. The acquisition was completed at C$35 million, and was paid through a combination of cash, Sol Strategies common stock and warrants. After the acquisition was completed, Sol Strategies' SOLs in pledged increased to 3.3 million.
In addition, Sol Strategies has appointed Laine founder Michael Hubbard as Chief Strategy Officer.
Sui reached a cooperation with the encryption security platform Blockaid
Sui reached a cooperation with the encryption security platform Blockaid to enhance the security of the Sui ecosystem. According to the announcement, Blockaid will add protection measures for Sui wallet and deal with smart contract vulnerabilities, off-chain threats and operational failures on Sui.
Modular blockchain network Hemi main network is online
Modular blockchain network Hemi main network is officially launched. Hemi completed a $15 million seed round in September 2024, with institutions such as Binance Labs, Breyer Capital and Big Brain Holdings participating.
DoraHacks releases AI project scoring to improve the efficiency of hackathon review
On March 14, on March 13, US time, DoraHacks officially launched a new AI scoring mechanism to help hackathon organizers complete project reviews faster, smarter and more efficiently. The new AI-powered BUIDL review system has been launched, and the submitted projects will be based on completeKey indicators such as degree and popularity-value ratio (Hype-to-ValueRatio) are automatically scored, allowing the review to quickly identify high-quality projects and improve screening efficiency. It is reported that this function is an important part of the DoraHacksAI product matrix, and more AI functions will be released one after another in the future.
People insiders: Trump's crypto project WLFI has discussed the possibility of cooperating with Binance to develop stablecoins
Golden Finance reported that four people familiar with the matter revealed that Trump's crypto project WLFI has discussed cooperation with Binance Holdings Ltd., the world's largest digital asset trading platform. The founder of Binance has previously admitted that he has failed to take necessary measures to prevent terrorists and sanctioned entities from using their services. It is unclear at what stage these discussions will progress or whether a deal or partnership will eventually be concluded. The people familiar with the matter asked to be anonymous because the negotiations were private matters. Two of them said the discussion included Binance's possible collaboration with WLFI to develop a stablecoin, a cryptocurrency pegged to the US dollar. Trump and his son have been promoting the company since September last year, and according to its founding documents, the Trump family can earn three-quarters of the net income of WLFI.