1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -7.94%
ETH: -14.34%
XRP: -19.26%
SOL: -19.81%
ADA: -25.92%
TRUMP: -25.54%
DOGE: -16.81%
BNB: -8.24%
PEPE: -19.50%
SUI: -18.58%
24 H increase list (data source: OKX):
CLV: +10.04%
NC: +4.62%
ERN: +2.61%
RUNECOIN: +1.92%
XAUT: +0.94%
PYUSD: +0.09%
DAI: +0.09%
USDC: +0.08%
LEO: -0.81%
ZKJ: -2.23%
2. Top 5 popular memes on the chain (data source: GMGN ):
WTRUMP
PWEASE
DEER
100
RESERVE
3. 24-hour hot search currencies
PDAO: A meme token based on the concept of Player DAO, it has attracted a certain amount of market attention by providing airdrops to active Solana ecosystem traders, Solana Saga 2nd generation mobile phone holders and other active traders.
PEPEAI: An AI Agent based on the PEPE image as a meme concept. All materials are generated by AI, and the risk factor of participation is relatively high.
Headlines
Bitwise Submits DOGE Spot ETF Application to New York Stock Exchange
According to Cointelegraph, Bitwise submitted a DOGE spot ETF application to the New York Stock Exchange (NYSE).
CME to launch SOL futures on March 17
The official Solana account posted on the X platform: “Filling the gap: CME will launch SOL futures on March 17.”
Matthew Sigel, head of digital asset research at VanEck, commented: “Can’t wait to see the futures contracts and ETFs launch, and our authorized participants (APs) create/redeem ETF shares in-kind. Then stake the ETF’s SOL. Of course, Trump may deposit these coins into Fort Dox once the blockchain explorer is functioning properly.”
US President Trump said in a post yesterday that tomorrow night will be big news. Earlier, the White House said Trump will issue a statement on investment today.
Industry News
Strategy: As of March 2, Bitcoin holdings were 499,096, with an average price of $66,357
Strategy announced that it did not sell any Class A common stock or purchase any bitcoins last week. As of March 2, 2025, it held 499,096 bitcoins, which it purchased at a price of approximately US$33.1 billion, with an average price of US$66,357.
El Salvador’s $1.4 billion IMF loan agreement includes Bitcoin regulation
El Salvador’s $1.4 Billion IMF Loan Agreement Includes Bitcoin Monitoring Conditions New International Monetary Fund (IMF) loan terms reveal key Bitcoin-related steps El Salvador must take: end public participation in Chivo and stop using public funds by July 2025.
Liquidate Fidebitcoin Trust and publish audited financials Establish a Bitcoin governance framework for government-held BTC Disclose all hot and cold wallet addresses and BTC holdings to the IMF Regular IMF reviews to ensure compliance by 2025
In February, the Ethereum lending market experienced its worst liquidation event in 12 months, with nearly $500 million in collateral liquidated. This is the second-highest monthly liquidation amount in DeFi history, second only to the liquidation amount during the market crash in May 2021, when liquidations reached $670 billion. As expected, the surge in liquidations occurred in tandem with the decline in the entire market, causing a significant drop in the total market value of cryptocurrencies and triggering a large number of forced liquidations.
Most of these liquidations occurred on the two largest lending platforms, Aave and Compound, which handled the majority of liquidation volume in February. The platforms’ liquidation mechanisms allow third-party liquidators to repay a portion of insolvent loans and receive the borrower’s collateral at a discount, typically between 5% and 15%, depending on the asset, providing an efficient adjustment incentive for the market.
SlowMist: The estimated loss from Web3 security incidents in February is about $1.681 billion
According to SlowMist monitoring, the estimated total losses caused by Web3 security incidents in February 2025 are $1.681 billion. The SlowMist Blockchain Hacker Archive recorded a total of 15 hacking incidents, resulting in a loss of approximately $1.676 billion, of which $52.45 million was frozen or recovered. In addition, according to data from Web3 anti-fraud platform ScamSniffer, there were 7,442 victims of phishing attacks this month, with a total loss of up to $5.32 million. The causes of most incidents include smart contract vulnerabilities, social engineering, account intrusions, and private key leaks.
DefiLlama data shows that Solanas on-chain DEX transaction volume has ranked first among all on-chain DEX transaction volumes for five consecutive months. Among them, Solanas on-chain DEX transaction volume in February was US$105.85 billion. The second-ranked chain is BNB Chain, with an on-chain DEX transaction volume of US$84.25 billion in February.
Project News
Zora announced that its native token ZORA will be launched in the spring of 2025, and is planned to be launched on the Base network with a total supply of 10 billion. The first snapshot was taken at 9 am (EST) today (March 3, 2025), and the second snapshot will be taken three days before ZORA goes online.
The ZORA token distribution is as follows:
20% for community rewards;
20% for the treasury;
10% for airdrops;
18.9% for teams;
5% for community mobility;
26.1% for strategic contributors.
Claim details and additional information will be released later.
According to the official Metamask post on the X platform, please note that the official MetaMask token trading or pre-market trading projects are not related to Consensys. There are currently no MetaMask tokens. These advertisements and promotions are for speculative platforms not related to Consensys, and we are not involved or endorsed. Please do your own research before participating.
According to official news, Bitcoin mining company Hut 8 released its 2024 financial report, showing that the company achieved a net income of $331 million and revenue of $162 million for the whole year, benefiting from the rise in Bitcoin prices. As of the end of 2024, Hut 8 held 10,171 Bitcoins, which is worth about $905 million at the current price, most of which have been used as collateral to purchase more ASIC mining machines.
KAITO pledged amount exceeds 10 million, airdrop claim progress 31.256%
Dune data shows that the amount of KAITO pledged has exceeded 10 million, currently reaching 10,045,409, and the number of HODL BADGE pledgers is 8,525. In addition, as of now, the number of KAITO tokens claimed has reached 31,251,867, the airdrop claim progress is 31.25%, and the total number of claiming accounts exceeds 93,000.
Ethereum Foundation-funded research organization ZKnox was established to improve Ethereum security
The Ethereum Foundation announced the official establishment of ZKnox, a research organization funded by the Foundation, which aims to improve the security and efficiency of Ethereum. It is reported that ZKnox focuses on post-quantum cryptography and optimizes the implementation of number theoretic transformation (NTT), improving the computational efficiency of post-quantum signature verification.
Investment and Financing
OpenAI competitor Anthropic said it has officially completed a $3.5 billion financing deal at a $61.5 billion valuation, consolidating its position as one of the worlds largest startups. According to a person familiar with the matter, the companys annual revenue was about $1 billion at the end of last year. So far this year, that number has increased by 30%. Anthropic said the latest transaction was led by Lightspeed Venture Partners, which invested $1 billion. Other investors participating in the Series E financing include General Catalyst, Jane Street and Fidelity Management Research Company. Existing investors including Menlo Venture and Bessemer Venture Partners also invested in the latest round of investment.
Regulatory trends
SEC closes investigation into Yuga Labs
The SEC has ended its investigation into Yuga Labs. Yuga Labs said in a statement: After three years, the SEC has officially ended its investigation into us, which is a major victory for NFT and the entire creator ecosystem. The SEC recently withdrew its investigation into companies such as Robinhood, Gemini, UniSwap Labs, MetaMask, and OpenSea, and reached a settlement with Coinbase and Kraken. At the same time, the SEC is still suing Ripple and seeking to resolve the charges against TRON founder Justin Sun.
Cryptocurrency exchange Kraken says SEC agrees to drop lawsuit against it
According to official news, the cryptocurrency exchange Kraken stated that the U.S. SEC agreed to withdraw the lawsuit against it. Currently, SEC staff has agreed in principle to dismiss the lawsuit against Kraken, without admitting any fault, paying fines, or changing its business.
The U.S. SEC’s cryptocurrency working group will hold its first roundtable this month
According to a statement released by the U.S. Securities and Exchange Commission (SEC) on Monday, the agencys newly formed cryptocurrency working group will hold its first roundtable meeting on March 21 at its headquarters in Washington, D.C., on the theme of How We Got Here and How to Move Forward - Defining the Status of Securities. This will be part of the Spring Sprint Towards Clarity in Cryptocurrency series of meetings. I look forward to drawing on the expertise of the public to develop a workable regulatory framework for cryptocurrencies, said Hester Peirce, a Republican commissioner who leads the working group, in a statement.
The SEC has made a significant shift in cryptocurrency regulation compared to the Biden administration. Former SEC Chairman Gary Gensler required crypto companies to register with the agency and claimed that most cryptocurrencies are securities, while filing lawsuits against multiple institutions. Since Acting Chairman Mark Uyeda established the Cryptocurrency Task Force in late January, the agency has withdrawn lawsuits and investigations against multiple crypto companies, including the recent case against Yuga Labs on Monday. In the past week, the SEC also announced that meme coins are not securities and may not be subject to federal securities laws.
U.S. Congress members form Crypto Caucus to promote digital asset legislation
According to a post by Fox Business reporter Eleanor Terrett, the Republican leader of the U.S. House of Representatives and Congressman Ritchie Torres jointly formed the Congressional Crypto Caucus to promote legislation that is favorable to the crypto industry and form a voting coalition in favor of digital assets in the lower house of Congress. It is reported that the caucus is an ideologically unified, non-partisan group of members that can be quickly mobilized to support key digital asset plans in Congress, and will also become a driving force for policies that promote innovation, protect consumers and ensure that cutting-edge technologies can flourish in the United States, thereby consolidating the United States global leadership in digital assets and blockchain innovation.
Character Voice
Tyler Winklevoss, founder of Gemini, said that XRP, SOL and ADA are not suitable for being crypto strategic reserves. Currently, there is only one digital asset in the world that meets the criteria, and that is Bitcoin.
Andrew Tu, head of sales at crypto market maker Efficient Frontier, said that the inclusion of XRP and ADA tokens in Trumps crypto strategic reserve plan was unexpected, and many details of the plan remain unknown, including how much the U.S. government will actually buy and how to fund the purchase. At present, the crypto market has forgotten all the pessimism of last week. Macroeconomic concerns remain a potential risk. If the stock market also falls, it may cause cryptocurrency prices to fall again. If expectations do not match reality, then the market may fall again.
Fox Business reporter: March is expected to be Crypto Month in Washington
Fox Business reporter Eleanor Terrett wrote that March is expected to be Crypto Month in Washington, with major meetings including:
1. On March 6, the U.S. Commodity Futures Trading Commission will hold a CEO Forum to discuss tokenized assets and how stablecoins can serve as collateral in the futures market.
2. On March 7, the White House, Trump and others will hold the first encryption summit.
3. On March 21, the U.S. SEC will host the first crypto industry roundtable, a total of five sessions.
Trumps second son Eric Trump: My advice now is to hold Bitcoin
Trumps second son Eric Trump posted: I hope I can make someones life a little better. Now my advice is to hold Bitcoin, that is, hold it for a long time.
