2024-03-25, Monday, daily news (selected)
policy information
1. The probability of the Fed cutting interest rates at the next interest rate decision: 87.7% (at 2 a.m. on May 2, 2024)
2. US presidential candidate Kennedy: Cryptocurrency is the best tool to fight inflation
3. Morocco plans to boost capital markets and regulate cryptocurrencies
4. EU bans the use of unidentified self-hosted crypto wallets for crypto payments
Macro content
1. Big news this week: The US SEC v. Do Kwon trial date will be announced on Monday; Tomado Cash developer Alexey Pertsev will be tried in the Netherlands on Tuesday; and the US federal judge will sentence FTX founder SBF on Thursday. The revised value of U.S. GDP was released, the number of initial jobless claims in the U.S.; and the annual rate of the U.S. core PCE price index in February on Friday.
2. Moscow Concert Hall terrorist attack - 137 people were killed; the recruiter once promised to pay 1 million rubles (approximately 80,000 yuan) to the terrorist suspects.
3. The media said that the ceasefire agreement negotiations in the Gaza Strip have reached a deadlock. Ukraine's Kiev and Lviv regions were hit by Russian air strikes, and Ukraine's energy infrastructure was damaged in the missile attacks.
4. Wall Street Journal: Apple is negotiating with Baidu over artificial intelligence technology in its devices in China. Nvidia has begun to develop enterprise-level large models, and the trend may be on the way.
Currency news
1. Last Friday, more than 25,000 BTC (valued at more than 1.6 billion US dollars) were transferred to the accumulation address, setting a record so far in 2024, and the market's massive currency accumulation behavior reappeared.
2. As of March 22, BlackRock’s Bitcoin ETF held 238,500 Bitcoins on its books, and Grayscale GBTC held approximately 350,252 BTC. According to previous trends, it is expected that by April 11, BlackRock’s Bitcoin Total holdings may exceed Grayscale.
3. Unlocking data this week: OP (approximately 84.32 million US dollars), PRIME (approximately 37.53 million US dollars), YGG (approximately 16.89 million US dollars) will receive large amounts of unlocks
4. The total locked value (TVL) of the TON ecosystem exceeded US$81 million, and the TVL of the Base network exceeded US$2 billion, both reaching record highs.
5. Ether.fi: 50 million tokens will be airdropped in the second quarter, accounting for 5% of the supply.
6. Google has displayed the Ethereum Domain Name Service wallet balance in search results.
7. The U.S. SEC once again postponed its decision on the Grayscale Ethereum Futures ETF
8. The BNB Chain team will completely deactivate BNB Beacon Chain (BEP2) in June and recommends that all BEP2 projects migrate to BEP20 as soon as possible.
Greed and Fear Index: 75 (moderate greed)