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Cayman Islands updates its cryptocurrency regulatory framework, virtual asset platforms need CIMA license to provide services

The Cayman Islands has updated its cryptocurrency regulatory framework, with the new licensing rules set to take effect on April 1, 2025. Under the 2025 Virtual Asset (Service Providers) (Amendment) Regulations, all entities providing virtual asset custody and trading platform services will need to obtain a license from the Cayman Islands Monetary Authority (CIMA). Existing Virtual Asset Service Providers (VASPs) must submit a license application within 90 days after the effective date.

2025-03-10 18:03:47

Institutional analysis: The dollar is weak and consolidated, and Trump's policy uncertainty continues to exert pressure

On March 10th, it was reported that due to the uncertainty of Trump's policies, the US dollar stabilized after falling last week, but still remains at a weak level. Pepperstone strategist Michael Brown stated in a report that the biggest issue the market is facing is Trump's policies "constantly changing like the wind." Trump's inconsistency on tariff issues makes it difficult for market participants to price risks and accurately predict future policy paths. He said, "Now no one wants to touch US dollar assets." 

2025-03-10 17:03:10

$1.8 billion of ETH flowed out of exchanges last week, the highest since December 2022

On March 10th, according to IntoTheBlock data, approximately $1.8 billion worth of ETH flowed out of exchanges last week, marking the highest weekly outflow since December 2022. Despite the ongoing bearish sentiment in the ETH market, this trend indicates that many holders view the current price level as a strategic buying opportunity.

2025-03-10 17:03:07

U.S. crypto stocks fell before the market opened, and the ProShares Bitcoin Strategy ETF fell 5.4%

The US stock crypto sector fell before the market, with ProShares Bitcoin Strategy ETF down 5.4% and iShares Bitcoin Trust down 5.5%.

2025-03-10 17:03:05

BTC falls below $82,000

The market showed that BTC fell below $82,000, now reporting $81,987.02, a 24-hour decline of 4.61%, with significant market fluctuations, please manage risk control.

2025-03-10 17:03:03

Strategy has lost $3 billion on the 246,876 bitcoins it bought since November last year

According to Lookonchain monitoring, Strategy currently holds 499,096 bitcoins, with a total value of approximately $40.9 billion, and an average purchase price of $66,357. Since November 2024, the company has accumulated a total of 246,876 bitcoins, investing $23.2 billion (current market value is approximately $20.2 billion), with an average purchase price of $94,035, resulting in a book loss of $3 billion.

2025-03-10 17:03:03

Nansen: Fastest growing blockchains in the past 30 days: Unichain, Berachain and IOTA

On March 10th, Unichain's active addresses surged by 21,713%, with trading volume increasing by 350%. Berachain's active addresses grew by 453%, with trading volume increasing by 421%. IOTA's active addresses grew by 126%, with trading volume increasing by 138%.

2025-03-10 17:03:01

CNBC: Crypto market volatility increases after Trump signs executive order on strategic Bitcoin reserves

According to CNBC, Bitcoin fell on Monday, with market sentiment affected by President Trump's signing of an executive order to create a US strategic Bitcoin reserve. The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and the US government currently has no plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices fell, with investors disappointed by the lack of more aggressive measures in the plan.

2025-03-10 17:02:58

Sepolia testnet’s Pectra upgrade encounters error after an attacker uses “edge case” to mine empty blocks

Ethereum recently encountered an issue during the Pectra test on the Sepolia fork, which was exacerbated by an unknown user sending zero-generation token transfers. An Ethereum developer said that the recent Pectra upgrade on the Sepolia testnet encountered an error, and the situation worsened after an attacker exploited an "edge case" causing empty blocks to be mined.

2025-03-10 16:03:02

If the US government adopts Michael Saylor's plan, it will hold 5.25 million BTC, which can generate $16 trillion to $81 trillion in revenue in 20 years

Michael Saylor, founder of Strategy (formerly MicroStrategy), suggested at the White House cryptocurrency summit that the U.S. government should acquire 25% of the total Bitcoin supply by 2035 to establish a strategic Bitcoin reserve. Data analysis suggests that if the U.S. adopts Michael Saylor's plan, it would hold 5.25 million Bitcoins, far exceeding Senator Cynthia Lummis's proposal of 1 million Bitcoins, and predicts that by 2045 this reserve could generate $16 trillion to $81 trillion in revenue, potentially helping the U.S. reduce its national debt.

2025-03-10 16:02:59

A whale withdrew more than 380,000 AUCTION from Binance in the past two days, with a floating profit of US$465,000

According to Onchain Lens monitoring, in the past two days, a whale withdrew 386,302 AUCTION tokens worth $6.31 million from Binance, currently with a profit of $465,000.

2025-03-10 16:02:58

The whale who opened a PENDLE position eight months ago sold out his position at a loss of $1.958 million

According to Ai Aunt's monitoring, the whale address that opened a position in PENDLE eight months ago, 0x97e...9D617, is suspected of liquidating and clearing 851,000 tokens one hour ago, resulting in an estimated loss of $1.958 million. The cost of opening a position in PENDLE for this address was $4.39, but the price has dropped to $2.09 at the time of this liquidation, resulting in a 52% loss of assets, despite having previously had a floating profit of $1.08 million.

2025-03-10 16:02:55

Data: A whale deposited 3.92 million USDC in Hyper liquid, increased its holdings of HYPE and opened a long position

According to SpotOnChain monitoring, a whale deposited 3.92 million USDC into Hyper liquid in the past 17 hours to buy more HYPE and open long positions. Currently, the whale holds 241,876 HYPE (about 3.53 million US dollars), with a floating loss of about 1.47 million US dollars; at the same time, it holds a long position of 320,333 HYPE at a price of 14.46 US dollars (3x leverage); in addition, there are 5080 HYPE pending purchase through two unfilled buy orders between 14.05 US dollars and 14.15 US dollars.

2025-03-10 16:02:53

Blockstream Lianchuang: The impact of the US Bitcoin strategic reserve is underestimated, providing an authoritative reference for institutional funds to enter the market

Adam Back, co-founder of Bitcoin infrastructure development company Blockstream, wrote in a post on X: "The impact of the U.S. Bitcoin Strategic Reserve Declaration has been underestimated, and it has profound significance for the social acceptance of Bitcoin. This declaration marks the actual promotion of Bitcoin development by the U.S. government, and provides a new authoritative reference for sovereign wealth funds, pension funds, and mutual funds to allocate Bitcoin."

2025-03-10 15:03:17

Data: Ethereum's nearly 20% plunge breaks the bull trend line since the Terra crash in 2022

TradingView data shows that the price of Ethereum plummeted by nearly 20% in the seven days ending on March 9, marking the largest weekly percentage drop since November 2022. This sell-off broke the bullish trend line that started from the low point after the collapse of the Terra algorithm stablecoin UST in June 2022, which led to losses of billions of dollars for investors.

2025-03-10 15:03:12

Manta Lianchuang: Market makers are the "blood-sucking parasites" who pay the least attention to fundamentals. Real liquidity should come from community trading.

Victor Ji, co-founder of Manta Network, criticized market makers in the cryptocurrency market on social media, calling them "blood-sucking parasites." He said that the team receives daily invitations to buy coins and acquisitions from so-called active market makers and OTC, but he believes that market makers "completely ignore the fundamentals of the project" and only profit from the project community.

2025-03-10 15:03:08

DeFi Technologies has increased its stake in Swiss licensed asset management company Neuronomics AG to 52.5%

Decentralized finance and digital asset company DeFi Technologies announced an increase in its stake in the Swiss licensed asset management company Neuronomics AG. It has now acquired a majority stake in the company, reaching 52.5% ownership. This transaction is also a capital increase for DeFi Technologies' acquisition of Neuronomics shares, the latter of which already holds an asset management license issued by the Swiss Financial Market Supervisory Authority (FINMA).

2025-03-10 15:03:06

Avalon Labs Secures Over $2 Billion Credit Line to Promote Institutional-Grade Bitcoin-Backed Lending

Avalon Labs announced that it has successfully obtained a minimum of $2 billion credit line, which is provided by a well-known Asian financial consortium. This marks an important milestone for institutional borrowing in the crypto industry. This historic breakthrough is not only an important milestone for the institutional development of DeFi, but also highlights the strategic position of Bitcoin in the global financial system.

2025-03-10 15:03:03

Crypto scammers using fake news articles and government figures to exploit trade war fears in Canada

Crypto scammers are taking advantage of trade war fears by using fake news articles and impersonating government figures, as reported by securities regulators in Alberta and New Brunswick, Canada. The Alberta Securities Commission issued an alert on March 7 regarding a scam called CanCap, which falsely claimed an endorsement from former Prime Minister Justin Trudeau through a fabricated news article from CBC. Similarly, the Financial and Consumer Services Commission of New Brunswick warned on March 5 about CanCap using a fake news article with a forged endorsement from Premier Susan Holt. These scammers are exploiting current events to prey on individuals' vulnerabilities and are using artificial intelligence to create fake endorsements and content to appear legitimate. The regulators highlighted the scammers' ability to quickly change the name and appearance of the scheme, with losses from crypto scams, hacks, and exploits reaching nearly $1.53 billion in February.

2025-03-10 15:03:01

Santiment: Large holders have re-accumulated nearly 5,000 Bitcoins in the past week, and the market performance may improve in the second half of the month

According to Santiment analysis, wallets holding more than 10 bitcoins have experienced several key turning points in the past 6 months. The slight selling from mid-February to early March intensified the recent decline in the crypto market. However, since March 3rd, these large wallets have re-accumulated nearly 5000 bitcoins, while retail investors are in a state of panic.

2025-03-10 15:02:58