Create a post with #NavigatingAlpha2.0 discussing any aspects of trending coins to unlock a share of 3 BNB in token vouchers and earn Binance Points. Your post can include the following:
1. Your experience with Alpha2.0 projects, tips for new users to get started 2. Recent price movements and trends of top performing tokens, price predictions 3. Pros and Cons of using Alpha 2.0
Don’t forget to head to Square task center to claim your points for post creation. (Creator Center > Check-in)
Create a post with #BSCUserExperiences discussing any aspects of trending coins to unlock a share of 3 BNB in token vouchers and earn Binance Points. Your post can include the following:
-Your experience with BSC and its projects -Tips for new users on how to get started with BSC
Don’t forget to head to Square task center to claim your points for post creation. (Creator Center > Check-in)
Create a post with #BSCTrendingCoins discussing any aspects of trending coins to unlock a share of 3 BNB in token vouchers and earn Binance Points. Your post can include the following:
1. Market performance: price movements and trends, trading volume, price predictions and future outlook 2. Use cases of the coin, potential for adoption 3. Investment potential - risk and rewards, strategies etc Don’t forget to head to Square task center to claim your points for post creation. (Creator Center > Check-in)
Wyoming is set to become the first U.S. state to launch its own fiat-backed stablecoin, announcing plans to roll out the $WYST token by July 2025. Fully backed by U.S. dollars and short-term treasuries, $WYST aims to offer a state-issued, blockchain-native payment option while maintaining price stability and regulatory clarity. This move marks a bold step in state-level crypto adoption and innovation, and could set a precedent for others to follow.
Create a post with #BSCProjectSpotlight highlighting and reviewing any BSC projects to unlock a share of 3 BNB in token vouchers and earn Binance Points.
Your posts can include:
- Pros and Cons of different BSC projects - Trending coins and tokens - price predictions and market trends - New listings and their potential impact
Don’t forget to Check-in at the Square task center for your participation to count. (Creator Center > Check-in)
According to PANews, Matrixport's analysis indicates that Bitcoin is approaching a critical downward trendline breakthrough. This trendline has been suppressing prices since the market sell-off around the time U.S. President Donald Trump took office. Currently, Bitcoin is forming a 'high compact flag,' a technical pattern often seen as a bullish continuation signal.
The report highlights that Bitcoin has already surpassed an initial downward trendline (white line) and is now testing a more significant resistance level (gray line). A successful breakthrough would signal a notable reduction in downside risk. Coupled with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming more favorable, a change further validated by technical indicators.
According to Odaily, GameStop has updated its investment policy to include Bitcoin as part of its treasury reserve assets.
The filing states:
"The Company’s investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-backed stablecoins. If the Company acquires Bitcoin or stablecoins, it will be subject to specific risks associated with Bitcoin or stablecoins, as well as the Company’s ability to maintain effective internal control over financial reporting."
U.S. Consumer Confidence Index Hits Lowest Since January 2021!
According to PANews, the U.S. Consumer Confidence Index for March recorded a value of 92.9, marking its lowest level since January 2021. This figure fell short of the expected 94 and was a decline from the previous value of 98.3. Moody's has indicated that the financial strength of the United States is expected to decline over the coming years. Since the rating agency assigned a negative outlook to the U.S. sovereign rating, the country's fiscal strength has further deteriorated.
Binance Earn has launched a new Earn Yield Arena , a campaign hub where users can easily participate in multiple campaigns with exclusive rewards of up to $1M. Binance users can earn rewards from Flexible and Locked Products, ETH Staking, SOL Staking, Dual investment, and more to maximize their earnings.
Crypto 2.0" Initiative, Backs New Presidential Task Force on Digital Assets!
The U.S. Securities and Exchange Commission (SEC) has launched its "SEC Crypto 2.0" initiative, which includes supporting the creation of a Presidential Cryptocurrency Working Group to enhance regulation and oversight of digital assets. The initiative aims to integrate digital asset securities with traditional financial systems by enforcing standardized transaction reporting, as required under the Securities Exchange Act.
Key aspects of the proposal include equal reporting requirements for digital assets to enhance transparency, stricter regulation of off-chain transactions (like OTC and decentralized platform trades), and the establishment of a Digital Asset Transaction Repository (DART) in collaboration with the CFTC to monitor all digital asset securities transactions.
The plan also involves updating market structure and investor protection rules to adapt to the evolving digital asset landscape. The Presidential task force would unite various federal agencies, including the SEC, CFTC, Treasury, and IRS, to coordinate efforts and bolster consumer protections.
If implemented, Crypto 2.0 could significantly increase regulatory scrutiny, particularly for token projects deemed securities and platforms handling off-chain trades, pushing the market toward greater compliance and real-time surveillance akin to traditional finance.
SEC's Hester Peirce Advocates for NFT Financing Framework!
According to BlockBeats, during the SEC's inaugural crypto roundtable, Hester Peirce suggested that cryptocurrency projects should be allowed to raise funds through tradable NFTs. She indicated that NFTs might become the next area for SEC exemption statements following PoW mining. Peirce mentioned that projects like Stoner Cats and Flyfish Club, which use NFTs to raise funds and offer specific rights such as access and membership to holders, might not necessarily be classified as securities. She emphasized that providing a reference framework for NFT issuers could significantly benefit the industry's development. Previously, under Gary Gensler's leadership, the SEC had pursued several NFT projects under securities law. However, Peirce clarified that not all NFT-related projects are automatically exempt from regulation, and those with securities-like structures will still be subject to regulatory oversight.
According to PANews, Adam, a macro researcher at Greeks.live, shared insights on the X platform regarding the current market sentiment. The community remains cautiously optimistic, with traders anticipating a continued market uptrend influenced by Saylor's buying activity and lower options pricing. However, some traders are preparing for potential short positions. The key focus is on the $84,000 level, with discussions on whether to adopt protective positions in the current environment of low implied volatility.
According to PANews, Bitcoin Magazine has revealed data on the X platform indicating that U.S. Bitcoin exchange-traded funds (ETFs) have collectively purchased 8,775 BTC this week. In contrast, Bitcoin miners have produced only 3,150 BTC during the same period. This disparity highlights the growing demand for Bitcoin through ETFs compared to the limited supply generated by miners.
U.S. Treasury Aims to Maintain Dollar's Dominance with Stablecoins!
According to Odaily, Bitwise Chief Investment Officer Matt Hougan shared insights on social media, referencing remarks by U.S. Treasury Secretary Scott Bessent. Bessent emphasized the commitment to ensuring the U.S. dollar remains the leading global reserve currency, with stablecoins playing a crucial role in achieving this objective. Hougan noted that regardless of expectations for the asset management scale of stablecoins, their potential might still be underestimated. He suggested that if stablecoins' assets under management reach trillions of dollars, it could significantly reshape the overall landscape of the cryptocurrency market.
Russian Central Bank Views Cryptocurrency as Volatile Tool!
According to BlockBeats, the Governor of the Russian Central Bank, Elvira Nabiullina, stated that cryptocurrencies are considered volatile instruments. This perspective highlights the ongoing caution among financial authorities regarding the stability and reliability of digital currencies in the financial market.
BNB Chain Completes Pascal Hard Fork to Enhance EVM Compatibility!
BNB Chain has successfully completed the Pascal hard fork, introducing the EIP-7702 smart contract wallet. This upgrade aims to enhance EVM compatibility and developer support, along with optimizing features such as gas fee abstraction, smart payment interfaces, and batch transactions. The official roadmap outlines future improvements, with the Lorentz upgrade scheduled for April 2025. This upgrade aims to reduce block time to 1.5 seconds, enhancing transaction speed and network efficiency. Following this, the Maxwell upgrade in June 2025 plans to further accelerate block time to 0.75 seconds.
U.S. Lawmakers Urge Action on Cryptocurrency Regulation Framework! #TrumpAtDAS
According to Odaily, former Fox Business journalist Eleanor Terrett shared on the X platform that lawmakers from multiple U.S. states have collectively written to Senator Elizabeth Warren and the Democratic leadership. They are urging the advancement of a legislative framework for cryptocurrency regulation to ensure the industry's development is safeguarded by law.
U.S. Weekly Jobless Claims Slightly Lower Than Expected!
According to PANews, the number of initial jobless claims in the United States for the week ending March 15 was reported at 223,000. This figure is slightly below the anticipated 224,000 claims. The previous week's data was revised from 220,000 to 221,000.