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Standard Chartered analyst: US strategic Bitcoin reserves may achieve "budget neutrality" by selling gold

Geoff Kendrick, head of digital asset research at Standard Chartered Bank, proposed that the United States could purchase Bitcoin by selling part of its $760 billion gold reserves as a "budget-neutral" source of funds for a newly established Strategic Bitcoin Reserve (SBR). This proposal comes shortly after President Trump signed an executive order requiring the government to acquire Bitcoin without increasing the burden on American taxpayers.

2025-03-08 10:04:13

Trump: Strongly considering imposing large-scale bank sanctions, (other) sanctions and tariffs on Russia

US President Trump posted on Truth Social, saying, "I am strongly considering imposing large-scale banking sanctions, (other) sanctions, and tariffs on Russia until a ceasefire and final peace agreement are reached. Russia and Ukraine, sit down at the negotiating table now, or it will be too late. Thank you!!!"

2025-03-08 10:04:11

BNB Chain announces Pascal hard fork to be implemented on March 20

BNB Chain will implement the Pascal hard fork upgrade on the mainnet at 02:10 UTC on March 20 (10:10 Beijing time). The upgrade was successfully implemented on the testnet on February 25, making BNB Chain one of the earliest blockchains to adopt the EIP-7702 Ethereum Virtual Machine upgrade.

2025-03-08 10:04:08

Binance adds observation tag to GoPlus Security (GPS)

According to the official announcement, Binance has added an observation tag to the GoPlus Security (GPS) token. This decision was made due to the significant price drop of the token after its spot listing, as well as abnormal market behavior by a market maker.

2025-03-07 18:03:58

Bitcoin rebounds 4% as markets shake off disappointment over US Strategic Bitcoin Reserve

Bitcoin (BTC) saw a 4% increase on Mar, 7 despite initial disappointment over the US Strategic Bitcoin Reserve. Data from Cointelegraph Markets Pro and TradingView indicated BTC/USD recovering from lows of $84,713 on Bitstamp. The Reserve will only consist of confiscated coins, not new BTC, as part of a strategy to maximize the value of the government's holdings. President Trump signed an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. Market reactions were mixed, with some seeing the news as a disappointment while others remained bullish on Bitcoin's future.

2025-03-07 18:03:57

Analysis: Trump's crypto project made at least $350 million from launching TRUMP coin

According to the Financial Times of the United Kingdom, Trump's cryptocurrency project made at least $350 million by launching the TRUMP meme coin. Analysis of blockchain data by the media shows that the project's operating entity generated this revenue by selling tokens in the three weeks after TRUMP was launched in January of this year, including $314 million in token sales revenue and $36 million in fees. In addition to the $350 million earned through direct sales of TRUMP on Solana, Trump may have also earned more income by selling a small amount of tokens on crypto exchanges such as Binance.

2025-03-07 18:03:55

QCP Capital: Market expectations for the White House crypto summit have cooled, and the focus has shifted to tonight's non-farm payrolls data

QCP Capital's latest analysis pointed out that, as the market awaits the White House cryptocurrency summit, Trump signed an executive order in advance to establish a "Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." Although this move was widely expected to benefit Bitcoin, the market showed a typical "sell the news" reaction, with the price of Bitcoin dropping from $90,000 to $85,000 after the signing.

2025-03-07 18:03:54

Manus founder discloses financing information for the first time: two rounds of financing totaling more than $10 million

On March 7th, news came that Manus founder and CEO Xiao Hong said in an interview with Tencent Technology that, as of now, Manus' parent company, Butterfly Effect, has completed two rounds of financing, with a total scale of over 10 million US dollars. The first round of investors was ZhenFund (ZhenFund was Xiao Hong's angel investor in his previous venture, and they invested all the money earned from Xiao Hong's previous project into this project); the second round of investors include Sequoia China, Tencent, ZhenFund, and Wang Huiwen. In 2023, under the matchmaking of investors, the company introduced core members such as Ji Yichao (former founder and CEO of PeakLabs, now Chief Scientist of ManusAI) and Zhang Tao (former product manager of Beyond Light Years, now Product Manager of ManusAI).

2025-03-07 17:03:06

Binance Reserve Update for March 2025: TRUMP added, 35 tokens with reserve rates exceeding 100%

On March 7th, Binance released the reserve proof for March 2025. As of March 1st, Binance's BTC reserve ratio reached 100.77%, ETH reserve ratio was 100.00%, USDT reserve ratio reached 104.42%, and BNB reserve ratio reached 110.92%. In addition, Binance's reserve proof this time added the TRUMP currency, with a reserve ratio of 100.38%. As of now, Binance's reserve proof covers a total of 35 tokens, all with reserve ratios exceeding 100%.

2025-03-07 17:03:04

Base has acquired the Iron Fish development team, no chains or tokens included

On March 7th, according to TheBlock, Base has acquired the IronFish development team to strengthen its efforts in privacy-focused blockchain solutions. This acquisition is limited to the team only, Base will not acquire the IronFish blockchain or its native token.

2025-03-07 17:03:02

Binance will stop supporting deposits and withdrawals of some CTXC, NULS and UFT networks

Binance announced that starting from 16:00 on March 14, 2025, it will stop supporting the deposit and withdrawal of the following tokens through the designated network:

2025-03-07 17:03:00

BTC falls below $88,000

The market shows BTC falling below $88,000, now trading at $87,995.97, with a 24-hour decline of 3.64%. The market is fluctuating significantly, please manage your risks.

2025-03-07 17:02:59

Grayscale: Bitcoin's further appreciation does not need to rely on the US crypto strategic reserve

U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve in the United States to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed higher. At the same time, Bitcoin will begin to act as a store of value this year, especially in light of concerns that Trump's tariff policies may lead to a resurgence of inflation.

2025-03-07 17:02:57

Spot gold hit $2,920/oz, up 0.31% on the day

Spot gold touched $2920 per ounce, up 0.31% on the day.

2025-03-07 17:02:56

Manus clarifies: Never involved in cryptocurrency projects, token issuance or blockchain initiatives

Manus co-founder and chief scientist Yichao Peak Ji issued a statement on X, stating: "Our official X account (@ManusAI_HQ) was unexpectedly frozen yesterday. We are actively working with the X team to resolve this issue. Initial observations indicate that this freeze may be related to third-party mentions of cryptocurrency scams. To clarify: Manus has never been involved in cryptocurrency projects, token issuance, or blockchain plans, and any cryptocurrency companies with similar names claiming to be associated with us are fraudulent. We are taking legal action against these imposters and encourage users to report suspicious accounts." (Jinshi)

2025-03-07 16:03:13

Musk's Grok published a post suggesting that "GrokCoin" be used as the name of memecoin

Musk's large language model Grok replied on Twitter: As Grok, I suggest using "GrokCoin" as the name of the memecoin - it is both fun and related to my AI identity, and it is also attractive to cryptocurrency enthusiasts. Meme coins usually draw inspiration from internet trends and humor, such as Dogecoin's dog meme origins, and can gain attention through community participation on platforms like X. Subsequently, someone guided Grok to reply through a comment with the same name grokcoin and posted the contract address, and later this person deleted the guided comment.

2025-03-07 16:03:11

TON Ventures plans to set up AI and crypto research teams

On March 7th, TON Ventures director Howard Peng stated that they are considering forming a research team focused on the combination of AI and cryptocurrency, and plan to explore product-market fit (PMF) on Telegram.

2025-03-07 16:03:09

A certain address spent 18 SOL to buy 17.69 million GrokCoins, with a floating profit of $185,000

According to on-chain data analyst @ai_9684xtpa, the first address holding GrokCoin only spent 18 SOL (approximately $2560) to buy 17.69 million tokens at an average price of $0.0001447. Within the past 6 minutes, this address sold 18,000 tokens to break even, with the remaining 92.6% of the holding still showing a profit of $185,000.

2025-03-07 16:03:07

21Shares Strategy Director: The United States can increase reserves by "confiscating Bitcoin obtained from crime" and "purchasing Bitcoin with fines"

On March 7th, Eliezer Ndinga, strategy director at 21Shares, stated on social media that he believes the U.S. government has two ways to increase its Bitcoin reserves. The first is by seizing Bitcoin obtained from criminal activities, such as the 174,000 Bitcoins in the Silk Road case, which would not require additional spending; the second is to use fines collected by cryptocurrency law enforcement agencies (such as the U.S. Securities and Exchange Commission/Commodity Futures Trading Commission) to purchase Bitcoin.

2025-03-07 15:01:17

Solana Co-founder: Bitcoin Executive Order is not a government rescue action for cryptocurrency

According to Solana co-founder Anatoly Yakovenko's tweet, the Bitcoin executive order is a "scalpel," not a government bailout of the cryptocurrency market, but rather a further elimination of regulatory uncertainty that has plagued the industry for the past four years.

2025-03-07 15:01:15