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Odaily Planet Daily News: Fox Business reporter Eleanor Terrett said that Trump is expected to give a speech at the Digital Asset Summit (DAS) in New York City on March 20th. Trump will deliver a speech to the attendees via video recording at 10:40 am. This is the first sitting US president to give a speech at a Bitcoin and cryptocurrency conference. (Blockworks)
HTX-BTC perpetual contract is now reported at $87075.8. According to market contract position analysis, the main force has strong confidence in the future and the price is expected to rise. Please hold positions reasonably and control risks
On March 20th, according to the Uniswap governance website, the Uniswap community has approved two proposals through on chain voting to allocate $165.5 million worth of tokens to the foundation to incentivize ecological development. One of the proposals calls for allocating a budget investment of $95.4 million to the Uniswap Foundation over the next two years, and investing $25.1 million in operations to improve capital efficiency, activate revenue, and introduce active contributors. In another incentive proposal, a budget of $45 million is allocated to support liquidity incentive measures.
1. Powell mentioned the impact of tariffs on the economy 2. The Federal Reserve keeps interest rates unchanged, in line with expectations 3. The market expects the probability of the Federal Reserve cutting interest rates to be only 1% 4. The US stock market closed with the Nasdaq up 1.41% 5. BlackRock calls Bitcoin a global currency alternative 6. The new Ethereum testnet Hoodi has been launched 7. SEC Commissioner Peirce hints at not seeking re-election 8. Stargate integrates Circle cross chain protocol The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/448763
According to The Block, the monthly number of risky transactions in the cryptocurrency industry has significantly shrunk, with only 116 private transactions tracked in February, setting one of the lowest points in recent years. This is a significant decrease compared to the over 300 transactions recorded in October 2024- a 60% decrease within five months. This slowdown is consistent with broader market conditions, as the overall risk appetite of financial markets has weakened. Despite a decrease in trading volume, the total investment value remained relatively stable in February, at around $1 billion, consistent with the monthly total since October 2022. However, an exception occurred in March, with investment exceeding $2.3 billion. Binance has reached an agreement with MGX in Abu Dhabi, which has invested $2 billion in this cryptocurrency exchange. Although traditional risk trading seems to be cooling down, new investment models are emerging. Coinbase Ventures has launched an investment team on the Echo platform, dedicated to projects built on Base. Echo represents an interesting evolution in the field of cryptocurrency financing, allowing individual traders to pool resources and jointly invest in web3 projects. The contraction in the venture capital sector seems to have had a relatively uniform impact on all cryptocurrency categories, including infrastructure DeFi、 The transaction volume in the fields of encrypted financial services, web3, and NFT/gaming has all decreased compared to the peak in 2024. The cooling of this venture capital environment may indicate that the cryptocurrency industry has entered a mature stage, with investors becoming more discerning and focusing on sustainable business models rather than speculative concepts.