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CZ: Millions of Meme coins have been transferred to the destruction address. Please do not send tokens to this address anymore.
Binance founder CZ stated in a post, "Some high-value tokens (six to seven digits) on the donation address have been sent to a burn address. There are already some new AI solutions that can automate this operation, but they have not yet undergone security review. The remaining part will be handled later. Please do not send tokens to this address anymore, and look forward to any interactions."
Share2025-04-01 00:05:02
CZ wallet destroys $3.59 million worth of Meme coins
according to Arkham monitoring, CZ's donation wallet destroyed $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.
Share2025-04-01 00:04:59
The Resilience of Memecoins: A Look at Their Market Cap and Future Potential
Written by Igor Zemtsov, the chief technology officer at TBCC, the "Libragate" incident caused a significant drop in memecoin prices, resulting in a nearly 60% decrease in market cap from the highs of 2025. Despite this setback, meme tokens are showing resilience, similar to a cat with multiple lives. As of March 10, memecoins still held a market cap of $47.9 billion, a substantial amount. Despite facing challenges, enthusiasts are still buying into memecoins like Unicorn Fart Dust, Fartcoin, and Buttcoin in hopes of significant profits.
Share2025-04-01 00:04:55
Coinbase CEO: US stablecoin legislation should allow consumers to earn interest through stablecoins
Coinbase CEO Brian Armstrong stated in a post, "US stablecoin legislation should allow consumers to earn interest on stablecoins. The government should not favor a particular industry, but should allow banks and crypto companies to share interest with consumers and incentivize them to do so. Stablecoins, through digitizing the US dollar and other fiat currencies, have found a product-market fit, but we have not yet unlocked a key piece that would allow ordinary people and the US economy to fully benefit: on-chain interest."
Share2025-04-01 00:04:51
Brazil Bans Closed Pension Funds from Investing in Crypto Assets
The decision to prohibit closed pension funds from investing in crypto assets was influenced by the instability of digital currencies, particularly following Bitcoin's 120% surge in 2024, reaching approximately $80,000. This ruling mainly impacts major pension funds like Previ and Petros, which cater to millions of retirees and have traditionally favored low-risk investments like government bonds due to Brazil's 10.5% Selic rate. Despite the ban on cryptocurrencies, the council is still permitting investments in other sectors such as agro-industrial funds and infrastructure debentures to support Brazil's $150 billion export industry. This move contrasts with the trend in other countries where U.S. pension funds are embracing Bitcoin ETFs, Australia allows indirect crypto exposure, while South Korea and the Netherlands remain cautious about integrating crypto into their financial systems. Despite the ban on crypto investments, Brazil's 2022 crypto law marked a significant step towards regulating the digital asset market, with 10 million Brazilians now holding digital assets and evolving real estate regulations for pension funds.
Share2025-04-01 00:04:46
Goldman Sachs Predicts U.S. Economic Slowdown: Impact of Tariffs on Global Trade
Goldman Sachs has adjusted its GDP growth forecast for the U.S. downward to 1.5% from 2.0%, and is now anticipating inflation to potentially increase to 3.5% instead of the previous estimate of 3.0%. Despite these concerns, the financial firm is expecting rate cuts to occur sooner than originally expected, which could offer some relief. The impact of tariffs on global trade is escalating, with Trump's recent "reciprocal tariff" week marking a significant escalation. By April 2, 20% tariffs will be imposed on imports from over 25 countries, affecting an estimated $1.5 trillion worth of goods by April 2025. Canada, China, the European Union, and Mexico are all taking retaliatory measures, adding to global economic uncertainty. Bitcoin (BTC) has concluded its worst Q1 performance since 2018, and analysts are cautioning that challenges may persist. Goldman Sachs has adjusted its outlook on the U.S. economy, now forecasting more rate cuts from the Fed and ECB.
Share2025-04-01 00:04:41
Lookonchain: 1.21 billion stablecoins on Tron chain were issued in the past 7 days
 according to Lookonchain monitoring, in the past 7 days, the stablecoins (USDT and USDC) on the Tron chain increased by 1.21 billion, while the stablecoins (USDT and USDC) on the Arbitrum chain decreased by 438.4 million.
Share2025-04-01 00:04:34
Binance Charity and Zhao Changpeng jointly donate $1.5 million to users affected by the earthquake in Myanmar and Thailand
on March 31, Binance Charity and Binance co-founder and former CEO Zhao Changpeng jointly launched a joint donation campaign. This action will airdrop $1.5 million worth of BNB to users in Myanmar and Thailand living in earthquake-affected areas to support local relief efforts. The identity of the recipients of this donation will be based on the users' KYC or POA information. Eligible users must complete KYC or POA certification by March 31, 2025, and will then receive the corresponding BNB token voucher through the reward center by April 14, 2025. Binance CEO Richard Teng said, "We are deeply saddened by the devastating earthquakes in Myanmar, Thailand, and the surrounding areas. Our thoughts and prayers are with the victims, their families, and all those affected by the disaster. Binance is united with the community and we hope our efforts can bring some comfort and assistance in this difficult time."
Share2025-04-01 00:04:32
House Subcommittee to Hold Hearing on Federal Digital Asset Regulatory Framework
The 119th Congress is making its first public effort to establish regulations for the $2.7 trillion crypto industry in the U.S. with a hearing titled “American Innovation and the Future of Digital Assets: Aligning U.S. Securities Laws for the Digital Age”. Republican leaders are working on delivering stablecoin and market structure bills to President Trump before the August recess. The House is expected to release a revised market structure draft in the coming weeks, building on previous bills like the FIT21 Act and the Responsible Financial Innovation Act. The House Financial Services Committee will also hold a markup session for the STABLE Act, complementing the Senate’s GENIUS Act, at the Digital Chamber Blockchain Summit.
Share2025-03-31 22:03:25
Dawgz AI vs PlutoChain: A Comparison of Potential Investments
With a presale that raised over $2.6 million, early investors are showing confidence in the project's combination of machine learning and meme culture. While Dawgz AI gains momentum, PlutoChain ($PLUTO) is already live on Uniswap and attracting attention for its Layer-2 solution for Bitcoin, offering fast transactions, EVM compatibility, and DeFi infrastructure. Dawgz AI is blending meme appeal with practicality by providing AI trading tools for identifying profitable trades and customizable trading strategies based on risk tolerance. Despite its innovation, Dawgz AI is still in the early stages and speculative, lacking a fully released roadmap or product suite. For a more solid investment option, PlutoChain presents itself as a compelling alternative with real infrastructure and potential for growth in the BTCFi sector.
Share2025-03-31 22:03:22
Strategy increased its holdings by 22,048 BTC, and its total holdings now reach 528,185 BTC
Michael Saylor, the founder of Strategy, announced that Strategy has increased its holdings of 22,048 BTC, worth $1.92 billion, bringing the total holdings to 528,185 BTC.
Share2025-03-31 21:02:33
Investors Turn to Stablecoins and Tokenized Real-World Assets Amid Trump Tariff Announcement
Cryptocurrency investors are increasingly shifting their investments towards stablecoins and tokenized real-world assets (RWAs) to avoid volatility ahead of US President Donald Trump’s tariff announcement on April 2. The flow of capital into stablecoins and RWAs, which represent financial products and tangible assets like real estate and fine art on the blockchain, is on the rise. These assets are seen as safe havens in the current uncertain market, according to crypto intelligence platform IntoTheBlock. Geopolitical tensions and global trade concerns are driving investors towards safety, as growth expectations have decreased globally in recent months. The upcoming tariff announcement on April 2 is expected to target top US trading partners in an effort to reduce the country’s trade deficit and boost domestic manufacturing.
Share2025-03-31 21:02:28
Crypto ETPs See Modest Inflows, AUM Continues to Decline
Last week, cryptocurrency exchange-traded products (ETPs) saw a modest increase in inflows, marking a reversal from a period of outflows. According to CoinShares, global crypto ETPs received $226 million in inflows during the last trading week, following the previous week's $644 million. Despite this positive trend over the past two weeks, the total assets under management (AUM) continued to decrease, falling below $134 million by March 28. The increase in inflows last week indicates cautious optimism among investors, with Bitcoin leading the way in attracting investments. Altcoins also saw their first week of inflows after a series of outflows, with Ether, Solana, XRP, and Sui receiving notable amounts. Despite recent inflows, the total AUM of crypto ETPs has not seen a significant increase, dropping to its lowest level in 2025 due to a decline in cryptocurrency prices. Since January 1, 2025, the price of Bitcoin has decreased by 13.6%, while the total market capitalization has fallen by nearly 20%.
Share2025-03-31 20:03:20
Archax Acquires Globacap Private Markets
British digital asset exchange Archax has acquired Globacap Private Markets (regulated by the SEC and FINRA), renamed as Archax Markets US, and entered the US market, offering tokenized stocks and bonds and other RWA transactions.
Share2025-03-31 20:03:18
Trump Family Backs Venture to Launch World's Largest Bitcoin Mining Firm
A new venture backed by several members of US President Donald Trump's family is aiming to become the world's largest Bitcoin mining firm. Hut 8, a digital asset mining company, announced on March 31 that it is acquiring a majority stake in American Bitcoin, previously known as American Data Center. The firm, founded by investors including Trump's sons, Donald Trump Jr. and Eric Trump, will take ownership of Hut 8's Bitcoin mining hardware. The goal of the new venture is to become the most efficient pure-play Bitcoin miner globally while building a strong strategic Bitcoin reserve, operating under the American Bitcoin brand. Hut 8 CEO Asher Genoot sees the launch of American Bitcoin as a strategic shift that will lead to more predictable and lower-cost-of-capital segments, focusing on exahash growth and Bitcoin production.
Share2025-03-31 20:03:15
Eric and Donald Trump Jr. Lead American Bitcoin Mining Launch
In a significant development, Hut 8 has decided to exchange most of its ASIC miners for an 80% stake in American Data Centers, Inc., now rebranded as American Bitcoin. The company, backed by Eric Trump and Donald Trump Jr., aims to become the world's largest and most efficient Bitcoin miner. Eric Trump, serving as Chief Strategy Officer, views the partnership as a crucial step forward in the Bitcoin mining sector, combining operational expertise with a shared vision for the future of Bitcoin. Donald Trump Jr. highlighted the enduring value of mining Bitcoin, stating that mining presents a significant opportunity beyond simply buying the cryptocurrency. Hut 8's CEO, Asher Genoot, explained that by creating a separate entity for mining operations, each segment can operate with its own financial structure to drive growth and enhance capital allocation efficiency. The leadership team at American Bitcoin includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer, with the Board of Directors featuring key figures from both Hut 8 and American Bitcoin. Hut 8 will continue to provide exclusive ASIC colocation and management services for American Bitcoin under a shared services agreement, ensuring stable and sustainable revenue for both entities. This change will see Hut 8's mining operations operating under the American Bitcoin brand within Hut 8's Compute segment, maintaining its role as the exclusive infrastructure and operations partner for American Bitcoin.
Share2025-03-31 20:03:14
F2Pool co-founder Wang Chun will take the SpaceX manned Dragon spacecraft to carry out the sixth manned space mission
On March 31st, SpaceX's Crew Dragon spacecraft will begin its sixth manned space mission (Fram-2) on April 1st. This flight will be the first human polar orbit manned mission. The mission is expected to last 3 to 5 days. It is scheduled to launch at 11:20 on April 1, 2025 Beijing time from Launch Pad 39A at the Kennedy Space Center in Florida, USA.
Share2025-03-31 19:02:57
HUT 8 US stocks rose 5.38% before the market opened
HUT 8(HUT) pre-market stock rose by 5.38%. Earlier, Hut 8 Mining and the son of Trump announced the establishment of a US Bitcoin company.
Share2025-03-31 19:02:57
U.K. Freezes $7.7 Million in Illicit Crypto Assets to Combat Crime
The U.K. government has tightened regulations on cryptocurrencies due to their increasing use in money laundering and terrorism financing. The largest frozen crypto wallet, holding $1.94 million (£1.5 million) in tokens, was on Coinbase and was frozen by the Newcastle Upon Tyne Magistrates’ Court on March 18 at the request of HMRC. The owner of the wallet remains unknown, but the case is suspected to be related to tax evasion. Law enforcement in the U.K. now has enhanced powers to freeze, seize, and destroy crypto assets linked to criminal activities, with the ability to freeze wallets for up to three years and seize funds if they are believed to be from illicit sources or intended for criminal use. The U.S. Department of Justice recently seized around $201,400 in cryptocurrency allegedly used to fund Hamas activities, highlighting the ongoing efforts to combat crypto-related crime.
Share2025-03-31 19:02:56
Top 10 Cryptocurrencies Experiencing Significant Price Drops Today
Today, we are highlighting some of the major losers in the cryptocurrency market, focusing on the top 100 coins. The data is based on the 24-hour price changes, trading volume movements, and overall market impact, sourced from CoinMarketCap. Movement (MOVE) has experienced a significant 11.04% price decline and a 5.87% drop in trading volume, indicating potential weakening investor confidence. Berachain (BERA) saw a sharp 10.56% price decrease and a 2.65% volume drop, reflecting a decline in interest. Pi Network (PI) faced a notable 10.51% price drop and a significant 27.60% decrease in trading volume, signaling concerns among investors. Jupiter (JUP) witnessed a 9.01% price decline and a substantial 21.05% drop in trading volume, pointing to bearish sentiment in the market. Story (IP) dropped by 9.13% in price and 14.13% in trading volume, indicating weak market sentiment. Hedera (HBAR) experienced an 8.52% price decrease and a 17.93% drop in trading volume, highlighting a lack of investor interest. JasmyCoin (JASMY) fell by 8.12% in price and 18.24% in trading volume, showing investor hesitation. Aave (AAVE) saw an 8.32% price drop and a striking 21.21% decrease in volume, signaling a loss of interest in the asset. Pyth Network (PYTH) witnessed a 7.75% price decline and a 17.75% drop in trading volume, suggesting a pullback from market participants. Render (RNDR) experienced a 7.46% price drop and a 14.11% decrease in volume, indicating weak trading conditions for the crypto coin.
Share2025-03-31 19:02:55
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