on March 24th, according to SoSoValue data, the overall net outflow of Ethereum spot ETFs last week was $103 million. Among them, the net outflow of Belld ETHA was $74 million, ranking first, and the net outflow of Grayscale Mini Trust ETF ETH was $23.67 million. The only net inflow was Grayscale ETHE, with an inflow of $2.87 million. The current net asset value of Ethereum spot ETFs is $6.77 billion, accounting for 2.84% of the total market value of ETH. Historical cumulative net inflow of $2.42 billion.

RealVision crypto analyst Jamie Coutts said that a weak dollar could push Bitcoin higher, but there are two key indicators that may cause concerns in the short term. Despite the sharp drop in the dollar, my framework is becoming bullish, but two indicators are still causing alarm: the US Treasury bond volatility (MOVE index) and corporate bond spreads. Coutts describes Bitcoin as a game between central banks around the world, and despite these worrying indicators, the overall outlook remains cautiously bullish. The MOVE index is an indicator of expected volatility in the US Treasury bond market. Coutts noted that while the MOVE index is currently stable, it is trending upwards. An increase in bond volatility could lead to further liquidity tightening, and at the same time, corporate bond spreads have widened for three consecutive weeks. Reversals in significant corporate bond spreads typically coincide with Bitcoin price peaks. Coutts concludes that overall, these indicators present a negative signal for Bitcoin. However, the depreciation of the dollar - one of the largest monthly depreciations in the past 12 years - remains a key driver in my framework.

According to Ember monitoring, possibly due to the fact that the market did not meet expectations after Trump signed the Bitcoin Reserve Executive Order, a whale sold 7,358 ETH at a price of $2,154 in the past hour, exchanging it for 15.848 million USDS (Spark Protocol stablecoin): not only liquidating its own holdings of 5,372 ETH, but also borrowing 1,986 ETH to short sell.

Nallok, co-founder of the Solana ecosystem governance project MetaDAO, tweeted, "Regarding the improvement proposal SIMD-0228, I think what we see here is a wrong value system. We should focus on dynamic base fees (computational and network costs). Inflation should be controlled through direct payments to attract shares. Although I am pleased that everyone is interested in SIMD-0228, I don't think this is where we should focus. I believe it is likely to achieve its goals, but may not reach the scale it hopes for. If people want to see this happen, I suggest halving the impact, we can always come back to it, considering that implementation may take some time, we can be highly confident that it will proceed as expected, and if necessary, we can further accelerate it through future proposals."

Ye Zhang, co-founder of Scroll, pointed out in a post on X platform that taxing Ethereum Layer2 is a major cancer for the future development of Ethereum. This short-sighted behavior sacrifices long-term scalability and ecosystem growth in exchange for short-term income, which is the practice of centralized enterprises and not the choice of neutral platforms. If the value of ETH is measured only by Ethereum income, it is putting the cart before the horse. The true value of ETH lies in its becoming the core of thousands of rollup ecosystems, which is the way forward.

According to Cloverpool data, the Bitcoin mining difficulty adjustment occurred at block height 887,040 (Beijing time 03-09 23:58:46), with a difficulty increase of 1.43% to 112.15T, nearing the historical high point (114.17). Currently, the average network hash rate in the past seven days is 794.85EH/s, predicting the next difficulty adjustment to be at 114.16T.

According to OnchainLens monitoring, a whale staked 70,966 SOL (worth $8.95 million) and, 13 days later, unstaked and deposited the SOL into Coinbase, losing $1 million.

As monitored by The Data Nerd, 12 hours ago, a whale starting with 0x122f deposited 2,619 ETH (equivalent to $5.79 million) into Kraken.

March 24th news, according to The Data Nerd monitoring, 3 hours ago, Galaxy Digital withdrew 10,000 ETH from Binance, about $20.42 million.

JPMorgan Securities raised its year-end forecast for the yield on Japan's benchmark 10-year government bonds from 1.55% at the end of January to 1.7%, believing that US policies may bring various risks. It is predicted that the Bank of Japan will raise interest rates in June and December, but actions that the US may take could complicate the situation; if tariffs put pressure on global economic growth, it may hinder the Bank of Japan from raising rates, but if Japan is accused of letting the yen depreciate, it may hastily raise rates, fixed income research director Takashi Yamawaki and strategist Hiroki Yamamoto wrote in a report on March 10.

According to The Data Nerd monitoring, 11 hours ago, the whale 0x122f deposited 2,619 ETH into Kraken (equivalent to $5.79 million).

According to Decrypt, US authorities have offered a reward of $10 million for the capture of former Canadian Olympic snowboarder Ryan Wedding. Wedding is accused of being heavily involved in operating a multinational cocaine empire. The Federal Bureau of Investigation (FBI) announced on Thursday that this Canadian has been placed on the top ten most wanted list in order to capture him as soon as possible.

On March 24th, according to GMGN market data, Solana's on-chain AI concept coins rebounded, among which: Fartcoin's market value is now $575 million, with a 24-hour increase of 26.92%; ALCH's market value is now $58.2 million, with a 24-hour increase of 12.57%; GRIFFAIN's market value is now $50.1 million, with a 24-hour increase of 16.51%; BUZZ's market value is now $13.6 million, with a 24-hour increase of 36.12%.

According to Cointelegraph, European Central Bank President Lagarde stated that the EU plans to launch a digital euro in October. Earlier reports stated that the European Central Bank President said that without completing legislation, the digital euro cannot be advanced.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with the address 0x122f transferred 2,619 ETH (approximately $5.79 million) to the Kraken exchange 11 hours ago.

Emirates NBD, one of the largest banks in Dubai, has launched a cryptocurrency trading service through its digital banking platform Liv. Users can now buy, sell, and trade cryptocurrencies on the Liv X app. The service is supported by Aquanow, a local digital asset company authorized by the Dubai Virtual Asset Regulatory Authority, with custody services provided by Zodia Custody, a subsidiary of Standard Chartered Bank.

according to Cointelegraph, the U.S. Department of the Treasury stated that the legal challenge brought against Tornado Cash should be considered "undisputed" due to its removal from the sanctions list on March 21. The U.S. Department of the Treasury stated in a declaration: "Because this court, like all federal courts, has a continuing obligation to ensure its jurisdiction over cases under Article III of the Constitution, it is necessary to debate the 'undisputed' issue." However, Coinbase's Chief Legal Officer Paul Grewal believes that the Treasury's desire to declare the case undisputed before a formal judgment is not in accordance with proper legal procedure. He stated: "After reluctantly removing Tornado Cash from the list, they now claim that there is no need for a final court judgment. But this is not a legal requirement, they know it themselves." Grewal pointed out: "According to the 'voluntary cessation exception,' a defendant's decision to cease the challenged conduct can only make the case undisputed if the defendant can prove that the conduct 'is not reasonably expected to recur.' " He also cited a 2024 Supreme Court ruling, which found that removing U.S. citizen Yonas Fikre from the no-fly list did not render his legal challenge moot, as the ban could be reinstated in the future. "Here, the Treasury also removed the Tornado Cash entity from the specially designated nationals list, but provided no assurance that it would not be listed again. This is not enough, we will make this clear to the district court," Grewal added. In August 2022, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, accusing the protocol of assisting the North Korean hacker group Lazarus Group in money laundering. Subsequently, several Tornado Cash users filed lawsuits against the regulatory agencies. After a favorable ruling for Tornado Cash by the court, the U.S. Department of the Treasury removed the mixing service from the sanctions list on March 21 and deleted dozens of smart contract addresses related to Tornado from the Specially Designated Nationals (SDN) list.

Cesar Ruiz, Chief Investment Officer of Pictet Group in Switzerland, believes that there will be both traps and opportunities in 2025. Many economists are concerned that the tariff policies promoted by the Trump administration will cause inflation, but Ruiz is confident in market growth. He believes that in the first half of the year, the uniqueness of the United States will remain strong, and the growth of the U.S. stock market will be sufficient to allow investors to achieve steady returns. Ruiz compares the new Treasury Secretary, Yellen, to Ben Bernanke, the former chairman of the Federal Reserve during the global financial crisis. Bernanke "was the best person for the job at the right time. Yellen is also the same." Ruiz expects that there will be large-scale consolidation among mid-sized financial companies in the United States, making it a good time to buy stocks of potential acquisition targets. With Trump cutting regulations, mergers and acquisitions will increase significantly alongside IPOs, providing good opportunities for investment banks or trading targets. (Jinshi)

Polymarket CEO Shayne Coplan posted on X, expressing that he is honored to represent Polymarket at tomorrow's White House digital asset roundtable meeting. Thank you for President Trump's invitation. This administration is committed to working with American innovators and revitalizing the American dream.