The White House in the United States held a cryptocurrency summit for the first time on the 7th local time. Trump stated at the summit that the federal government of the United States will support the development of cryptocurrencies represented by Bitcoin and the digital asset market. U.S. media reported that Trump's policy shift may be due to the significant political donations provided by cryptocurrency investors during last year's U.S. election campaign, hoping that he would end the Biden administration's restrictive policies on cryptocurrencies after taking office. According to the Wall Street Journal, during last year's U.S. election campaign, the cryptocurrency industry provided over $130 million in political donations to candidates for both parties in the House and Senate who support cryptocurrencies through a super political action committee.

Citibank (C) stated in a research report on Monday that the possibility of the United States establishing a strategic reserve of cryptocurrencies seems greater after President Trump announced this news over the weekend. Citibank pointed out that the US government currently holds about $19 billion in cryptocurrencies, mainly Bitcoin, while the amount of gold held is $750 billion. The report stated that the vast majority of assets seized by the government are Bitcoin, which means that the accumulation of other digital assets is likely to be funded by purchases on the open market. However, the bank stated that the "selection criteria are currently unclear," and that announcing such investments in advance could disadvantage investors in terms of price, adding that a similar situation occurred with the British government in the late 1990s regarding gold. The bank stated that further clarification on the selection criteria for which tokens to include in the reserves will provide more support.

The focus of the case revolves around allegations that Galaxy Digital, led by founder Michael Novogratz, participated in the promotion and purchase of LUNA tokens at a discounted rate in 2020, sparking interest in the token in the Western market. New York Attorney General Letitia James stated that Galaxy Digital bought 18.5 million LUNA tokens from Terraform Labs for $0.22 each, below the market price at the time, contributing to the token's visibility and subsequent price surge. Despite publicly supporting LUNA and Novogratz's pledge to get a tattoo if the token hit $100, Galaxy Digital sold millions of tokens without disclosure, profiting as the price rose. The company had mostly sold its LUNA holdings by the time the Terra ecosystem collapsed in May 2022, while Terraform Labs founder Do Kwon faces multiple fraud charges after being arrested in Montenegro in 2023. The settlement of the $200 million lawsuit against Galaxy Digital highlights the increasing scrutiny on crypto firms involved in the rise and fall of digital assets, emphasizing the potential legal and financial consequences for major crypto investment firms. This resolution with the New York Attorney General could establish a precedent for future actions against firms connected to the failure of other cryptocurrency projects.

The overall market value of stablecoins increased by $7.7 billion in February, highlighting the growing demand for "digital dollars" in the crypto market. The main situation of the stablecoin market in February is as follows: USDS market value increased by 64%, PYUSD increased by 49%, USDT market value reached approximately $143 billion (an increase of $2.5 billion in February alone), USDC increased by 7%. However, the market value of USDe and DAI decreased.

Cryptocurrency markets experienced a surge after US President Donald Trump announced the possibility of a strategic crypto reserve, but analysts are warning that the rally may not last long. Trump disclosed on March 2 that his Working Group on Digital Assets had been instructed to include XRP (XRP), Solana (SOL), and Cardano's ADA (ADA) in the US crypto reserve. This announcement led to a marketwide rebound, with the global crypto market cap increasing by almost 7% to $3.04 trillion, and Bitcoin (BTC) surpassing the $95,000 mark following a 7.7% intraday rally. However, analysts caution that the establishment of a US crypto reserve will involve a lengthy approval process, potentially impacting the sustainability of the current market movement. Some analysts believe that the market may be approaching a turning point, with Bitcoin's active addresses reaching a near three-month high on Feb. 28, indicating a possible "capitulation moment." Despite the positive reaction to ADA, SOL, and XRP being included in the US strategic reserve, analysts anticipate short-term volatility in the crypto market. The upcoming White House Crypto Summit hosted by President Trump on March 7 is also generating anticipation among crypto investors, with discussions on stablecoin regulation and legislation related to a potential strategic crypto reserve being key topics.

spot gold fell below $3060 per ounce, down 2.41% intraday.

 according to official page data, Binance Alpha is now online mubarak.

According to the on-chain analyst Yu Jin's monitoring, willjeetonyou.eth used 21 ETH to snipe and buy 14.83 million Cocoro at an average price of $0.003 within 2 minutes after adding liquidity on Cocoro. Currently, he still holds 13.88 million Cocoro, worth $1.11 million. He made a profit of $1.14 million on Cocoro in one hour.

according to CNBC, Citigroup analyst Kate Moore said that after Trump announced the tariff policy, investors should now stay away from risky assets.

Bitcoin needs to close above the key level of $81,000 on a weekly basis to avoid further downside volatility before the Federal Open Market Committee (FOMC) meeting next week. Ryan Lee, Chief Analyst at Bitget Research, stated that breaking above $81,000 this week will be crucial to prevent further decline in Bitcoin. Maintaining above this level will indicate resilience, but breaking below $76,000 could trigger more short-term selling pressure. According to CME Group's FedWatch Tool, the market currently expects a 98% chance of the Fed maintaining interest rates stable.

The owner of the DOGE prototype Shiba Inu KABOSU posted on the X platform, "After being attacked by hackers, this may look suspicious, but it's true. Today, our family has added a new member, I named her "Kokoro", she is a girl. Like Neiro-chan, she is a 10-year-old rescue dog. From the first meeting, Neiro-chan and Kokoro-chan greeted each other, as intimate as old friends. It's surprising to see Iro-chan like this, as he took quite a long time to get used to other dogs. I believe that from now on these two cats will get along well, and of course the other three cats will happily spend their days together."

As reported by Strategy (MSTR.O) in its latest 8-K filing, the company did not sell any Class A common stock or purchase any new bitcoins between February 24 and March 2. As of March 2, 2025, MicroStrategy and its subsidiaries collectively hold 499,096 bitcoins, with a total purchase cost of approximately $33.1 billion and an average purchase price of $66,357. In addition, the company's board of directors announced that a cash dividend of $1.24 per share of 8.00% Series A Perpetual Preferred Stock (STRK) will be distributed on March 31, with a record date of March 15.

On March 15th, Bitcoin rose by 2.913% in the past 24 hours, with the current price at $84,142. However, a decrease in consumer confidence may signal a weakening of economic activity, which could impact the demand for risk assets such as Bitcoin.

On March 3rd, according to Dune data, the stablecoin USDe experienced its largest single-day redemption in history on March 1st, totaling $2.68 billion, resulting in a decrease of approximately 4.7% in the total circulation of USDe.

according to The Block, the Cardano Foundation has launched the digital identity platform Veridian, which uses open-source tools to verify identities and validate online communication. Along with this new product, the Veridian Wallet has also been launched, allowing users to manage their credentials, private keys, and identifiers.

 Grayscale, a cryptocurrency asset management company, and Harris Poll released a survey showing that more than a quarter (26%) of high-net-worth Americans with investable assets of $1 million or more currently hold cryptocurrency, and nearly two-fifths (38%) expect to include cryptocurrency in their future investment portfolios. The data indicates that since the approval of spot cryptocurrency ETPs early last year, high-net-worth investors have become more concerned about the economic situation and more confident in cryptocurrency investments.

According to on-chain data analyst Yu Jin's monitoring, a whale/institutional address that hoarded 40,000 ETH in September 2022 emptied the address 40 minutes ago and transferred 37,000 ETH (86.94 million USD) to Binance.

The market showed that BTC broke through $93,000 and is now trading at $93,029.08, with a 24-hour increase of 8.1%. The market is highly volatile, so please manage your risks carefully.

Several alternative cryptocurrencies have outperformed the overall market, with Bitcoin experiencing a significant rebound above $90,000 due to positive news on crypto adoption in the United States. Cardano's (ADA) token saw the biggest increase among the top 100 cryptocurrencies, rising over 43% in a 24-hour period to trade above $0.95. Solana (SOL) and XRP also experienced notable gains, with XRP rising over 15% and SOL nearly 12% on the daily chart, surpassing Bitcoin's 7.3% intraday rise. The rally was attributed to US President Donald Trump's directive to include ADA, SOL, and XRP in the US crypto strategic reserve, as well as strong community support for these altcoins. This recovery in the crypto market may indicate the end of the previous market capitulation, as reported by Cointelegraph on Feb. 20. Trump's announcement regarding the inclusion of ADA, SOL, and XRP in the potential US crypto reserve could mark a significant turning point for these altcoins, suggesting a broader plan beyond Bitcoin and emphasizing US-based crypto projects. Trump reiterated his commitment to establishing a national Bitcoin stockpile during his keynote address at the Bitcoin 2024 conference in Nashville, Tennessee.