BTC falls below the $84000 mark

According to OKG Research, as of March 20, 2025, 18 states in the United States have implemented 33 "Bitcoin Strategic Reserve Acts". If all the above-mentioned bills are implemented and executed according to the proposed upper limit, it may bring potential buying demand of up to $53.4 billion (approximately 630000 BTC). This scale is 1.5 times the net inflow of US spot BTC ETFs ($35.8 billion), equivalent to 1.26 times MicroStrategy's current BTC holdings. This data is based on the budget of each state for the fiscal year 2024-2025 and only includes bills that specify funding sources and proportional limits. The estimate is based on a 20 day average price of $84634 for Bitcoin.

Odaily Planet Daily News: According to official announcements, OKX will officially launch the BRUSDT perpetual contract on the web, app, and API at 4:00 pm (UTC+8) on March 21, 2025. The opening time for the BRUSDT perpetual contract is 4:00 pm (UTC+8) on March 21st. The contract is based on the BR/USDT index, settled in USDT, with a face value of 10 and a quoted price of 1BR in USDT. The minimum price fluctuation is 0.0001, and the leverage ratio is 0.01~20x. The fund expenses are collected and paid in the current period, with a fee collection frequency of 4 hours and a trading time of 7 × 24 hours. (This news is generated with AI assistance)

According to BlockBeats, on March 21st, BNB Chain has successfully completed the Pascal hard fork. This upgrade introduces the EIP-7702 smart contract wallet, aimed at improving EVM compatibility and developer support, as well as optimizing features related to fuel cost abstraction, smart payment interfaces, and batch transactions. The official has released a roadmap for future improvements: the Lorentz upgrade scheduled for April 2025 aims to shorten block generation time to 1.5 seconds, improve transaction speed and network efficiency. Afterwards, the Maxwell upgrade plan in June 2025 will further accelerate the block time to 0.75 seconds.

According to Digital Asset, South Korean cryptocurrency lending platform Delio has accumulated a debt of 378.7 billion Korean won (approximately 258.7 million US dollars) owed to creditors. Jung Dong hyun, the bankruptcy administrator from Hyun woo Law Firm, reported at the first creditors' meeting that as of March 12th, registered bankruptcy claims included 15.62 billion Korean won in cash claims (48 cases) and 363.04 billion Korean won in virtual asset return claims (1162 cases), totaling 378.66 billion Korean won. The calculation of the Korean won amount is based on the exchange rate on November 22, 2024, the date of bankruptcy declaration.