Francois Villeroy de Galhau, a member of the European Central Bank's management committee, said that the US support for cryptocurrencies and non-bank finance could trigger the next financial emergency. In an interview with the French weekly "Sunday Forum", he said: "The US may commit crimes due to negligence. Financial crises often originate in the US and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the US government is sowing the seeds of future unrest." Galhau added that European regulation is more secure and stated that there is no risk of a banking crisis in the EU.

On March 13th, according to Decrypt, Cboe BZX Exchange has submitted a proposed rule change on behalf of Invesco Galaxy to the U.S. Securities and Exchange Commission (SEC), aiming to allow its physical Bitcoin ETF and Ethereum ETF to create and redeem shares in-kind. In-kind redemption and creation allow for the direct exchange of the ETF's underlying assets (Bitcoin or Ethereum) with ETF shares, bypassing the need for cash. This approach eliminates the need for participants to sell the underlying cryptocurrency to create shares, reduces bid-ask spreads, and avoids additional brokerage commissions.

 according to Coinglass data, the total liquidation in the past 12 hours was 112 million US dollars, with long positions liquidated at 64.65 million US dollars and short positions liquidated at 47.82 million US dollars.

Barclays stated that it is expected that the Federal Reserve will cut interest rates by 25 basis points in June and September this year, while the previous forecast was for a rate cut in June.

NASDAQ-listed company Canaan Technology has released an update on its Bitcoin mining operations for February 2025 and disclosed the unaudited financial settlement for the fourth quarter ending on December 31, 2024. It revealed that the company holds a total of 1355 bitcoins, has achieved a fully operational hash rate of 0.93 EH/s since February this year, and is expected to generate approximately $89 million in total revenue for the fourth quarter of 2024.

Binance announced the launch of the 65th project Nillion (NIL) on the Launchpool platform. Nillion is a decentralized network that uses secure data processing and storage through blind computing technology, while protecting privacy.

Jason Calacanis, an early investor in Uber and Robinhood and a well-known angel investor, wrote on X platform that Bitcoin has been monopolized by some giants in the market, and now is the best time to build a better Bitcoin. "The game needs to be restarted." However, Jason Calacanis's views seem to have sparked different opinions in the industry. Brady Swenson, co-founder of Swan Bitcoin, said that Bitcoin is a technological revolution that changes all industries, rather than following a single technology adoption curve like the iPad. Bitcoin as a value transfer protocol will never be replaced, but the competition for second-layer protocols continues.

Cryptocurrency exchange-traded products (ETPs) saw a significant sell-off last week, with outflows hitting a record $2.9 billion, marking the largest weekly decline in history. According to CoinShares, global crypto ETPs have experienced $3.8 billion in outflows over the past three weeks. The sell-off was influenced by various factors such as the $1.5 billion Bybit hack, hawkish comments from the US Federal Reserve, and a 19-week streak of inflows totaling $29 billion. Bitcoin suffered the most outflows, while Sui saw the highest inflows among ETPs last week. ETPs based on XRP also experienced significant inflows. Ethereum ETPs witnessed $300 million in outflows, despite monthly inflows reaching $490.3 million. The total assets under management in crypto ETPs dropped to $138.8 billion after peaking at $173 billion in January. This is an ongoing story, and more updates will be provided as they become available.

On March 20th, Whale Alert monitoring shows that at 17:38 Beijing time, 1,333 BTC (worth about $115 million) was transferred from Ceffu to Binance exchange.

Klarna's upcoming public offering has sparked speculation about which venture-backed fintech startups could be next in line for an IPO. While there is a substantial pipeline of potential candidates, many well-known companies have yet to make the leap to the public markets. Using Crunchbase's forecasting tools, we have identified a dozen financial services startups generating interest as potential IPO contenders. Stripe and Chime stand out as the most heavily funded, with Stripe holding the highest private fintech valuation and Chime reportedly taking steps towards an IPO. Additionally, the list includes international companies like Australia's Airwallex and Jakarta-based unicorns Akulaku Group and Xendit, indicating a diverse range of potential IPO candidates in the fintech sector.

Marathon Digital is planning to raise $2 billion through a new offering, following a successful round that raised $1.4 billion to increase its Bitcoin holdings. The company intends to use the funds from the current offering primarily for purchasing more Bitcoin, with 40% allocated for acquisitions, 35% for general corporate needs, and 25% for working capital. The equity sale will be facilitated by investment firms like Barclays and BMO Capital Market, as Marathon continues its strategy of funding Bitcoin acquisition through stock offerings. With a current holding of 46,376 BTC, Marathon aims to secure a strong position in the digital asset space by focusing on acquiring Bitcoin, inspired by strategies seen in companies like MicroStrategy. The decision to buy Bitcoin directly through stock offerings and convertible bonds is in response to challenges in the Bitcoin mining industry, such as rising energy costs and the halving of mining rewards, while also diversifying the company's digital asset portfolio.

market shows that ETH has fallen below $2000, now trading at $1999.41, with a 24-hour increase of 2.77%. The market is volatile, please manage risks.

Over the weekend, the price of XRP (XRP) compared to Ether (ETH) reached its highest level in five years, continuing its recovery. On March 15, the XRP/ETH pair hit 0.00128 ETH for the first time since April 2020, marking a 925% rebound from its all-time low in June 2024 and around 620% gains since November 2024. Market watchers are speculating that XRP could surpass Ether to become the second-largest cryptocurrency by market capitalization, with historical resistance levels indicating potential for significant rallies. XRP's market dominance has increased significantly since November 2024, while Ethereum has seen a decline in market share due to regulatory sentiment and competition from other blockchains like Solana.

On March 3rd, according to the official announcement of Huobi HTX, Huobi leverage has added AB assets and trading at 18:00 on March 3rd (UTC+8). The specific newly added isolated margin trading pairs are: AB/USDT (10X). Currently, AB/USDT spot trading has been launched on Huobi HTX.

according to Arkham data, the North Korean hacker group Lazarus Group transferred 12.929 BTC to an unknown address 27 minutes ago. The latest data shows that Lazarus Group's BTC holdings have dropped to 13,440 coins, worth approximately 1.16 billion US dollars.