BTC back to $81K–$83K, Trump gains erased
Market overview
- BTC has experienced sharp fluctuations in the short term, indicating that Trump can only influence BTC’s price movement in the short term but cannot change its long-term trend.
- BTC has retreated to the key range of $81,000–$83,000, with a market dominance of 61.45% and a TOTAL, market cap of $789 billion.
- Altcoins have seen significant declines, and overall market sentiment remains weak.
Key events
- Ethereum NFT and tokenization protocol Zora has announced its ZORA tokenomics with airdrop accounts for 10% of the total supply.
- Web3 wallet provider MetaMask has clarified that it has not launched a MetaMask token.
- Shared security network, IMUA will launch its mainnet in March.
- High-performance L1 blockchain, Somnia has launched the Shannon testnet, and crypto intelligence platform Kaito AI has announced that Somnia is the next Pre-TGE project, with its Yapper ranking set to be released in 7 days.
- The founder of Liquidity protocol, Aave, Stani Kulechov has tweeted that the initial version of Aave V4 may be released soon.
- The developers of the football legend Ronaldinho Gaúcho-themed memecoin STAR10 have renounced ownership of the token following public outcry around the token burn feature.
- Full-chain liquidity infrastructure StakeStone has opened the StakeStone Foundation X account.
- Story ecosystem RWA protocol Aria will tokenize K-pop group Aespa's debut song "Black Mamba".
- Donald Trump’s second son Eric Trump tweeted that he supports Trump’s strategic reserve announcement on Sunday, as the traditional market was closed at the time.
- US rapper 6ix9ine has deleted his tweet after launching a memecoin (CA) named after himself.
Hot projects
BTC ecosystem overview
- BTC Mainnet & Fractal Bitcoin Gas Fees remain at 2 sat/byte (due to low activity) ⚡.
- Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:
- ORDI: $12.37 (+10.76%)
- DOG: $0.0018 (-12.83%)
- FB: $0.86 (-22.11%)
On-chain DeFi mining yield product:Project name: Morpho (Blockchain: Ethereum) ←→ Token: USDC
Participation method 1:
Participate directly in "Resolv USDC" through the Earn page on the Morpho official website.
Note: This financial product is supported by Gauntlet.
1. Project information
[Morpho introduction]:A lending protocol. Morpho-Compound improves Compound by maintaining the same user experience, liquidity, and liquidation parameters, while its peer-to-peer matching mechanism enhances APY.
[Gauntlet introduction]:Gauntlet is a risk management platform that adjusts key protocol parameters using agent-based simulations to optimize on-chain risk management.
2. Participation details & Yield:
Users stake USDC, with a withdrawal cycle of T+3. The annualized interest rate is 10.51% (subject to change), and earnings are distributed in USDC + MORPHO + Resolv Points.
[9.56% (native yield) + 1.76% (platform reward yield in MORPHO) - 0.95% (performance fee of 10%) + Resolv Points × 5x]
Note: This product charges a 10% performance fee. Morpho Vaults has no governance at the protocol level, but each Vault is managed by a smart contract owner (the owner can appoint administrators, custodians, and allocators to help manage the Vault). The owner can set a performance fee for their respective Morpho Vault, which is deducted as a percentage of the Vault’s generated interest for governance, operations, and other expenses (the maximum performance fee can be set up to 50%).
Current product data::
Exchange updates
- Coinbase has requested the US SEC to disclose data on the total dollars and hours spent on crypto investigations and enforcement actions, including a breakdown of the number of attorneys involved and their hours on crypto matters, while also announcing via tweet that its Coin50 index has added five assets: PEPE, WIF, COMP, APT, and AERO; meanwhile, Coinbase has already begun providing custody services for local ETFs in Hong Kong and is in discussions with HSBC regarding a sub-custodian plan for ETFs.
- HashKey Chain has launched its staking feature, enabling users to stake HSK on the platform.
- Binance has announced that on March 31, it will delist stablecoin trading pairs in the European Economic Area (EEA) due to non-compliance with the Markets in Crypto-Assets Regulation (MiCA).
- Bitget PoolX and CandyBomb has listed AB (AB).
- RWA tokenization platform DifiFT has been granted a custodial license from the Monetary Authority of Singapore, enabling it to add custody services for tokenized assets on its platform.
Industry landscape
- AI startup Anthropic has completed a $3.5 billion funding round, led by Lightspeed Venture Partners.
- According to The Block, the US SEC has concluded its investigation into web3 company Yuga Labs, bringing an end to the probe into whether the company’s Bored Ape Yacht Club (BAYC) NFTs and ApeCoin violated federal securities laws.
Emerging projects
Disclaimer
The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments.
The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.
Please note that this article includes references to third-party websites and data provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.
Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.
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