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Meme coins had a mixed week, with BRETT seeing modest gains, TRUMP holding steady above key support, and GOAT struggling near its all-time low. Market conditions remain volatile.
Trump's Crypto Summit underwhelmed with empty promises and excessive praise from industry executives. The event left the crypto space frustrated and Bitcoin’s price falling.
Bitcoin’s ETF launch mirrors QQQ’s 54-week peak, signaling a potential market shift. Liquidity drain from memecoins and ETFs is consolidating capital back into Bitcoin. Left-translated cycle could trigger a sharp BTC decline and prolonged bearish trends.
Avalanche’s leadership shift may impact investor confidence and ecosystem stability. AVAX price struggles with bearish trends but nears potential reversal signals. Breakout could push AVAX to $43.84, while failure may lead to extended declines.
Over $142 million in token unlocks will happen between March 10 and 16. Aptos ($40.5M) and Arbitrum ($37.4M) lead in total value, while CONX unlocks 113% of its circulating supply. Unlocks for founders, teams, and private investors could impact token prices.
Brad Garlinghouse highlights key discussions at the White House Crypto Summit and CFTC CEO Roundtable. The administration prioritizes regulatory clarity, a BTC reserve, and stablecoin innovation. Garlinghouse urges industry unity, rejecting infighting and maximalist rhetoric.
Trump announces U.S. Bitcoin reserve, funded by seized assets, no taxpayer money. Trump vows to dismantle “Operation Chokepoint 2.0” and support crypto businesses. U.S. plans to establish a crypto stockpile with potential for Ethereum and Solana.
The US government is working to achieve a new crypto regulation. Coinbase’s CEO thinks that President Trump’s actions are historic. Crypto lawyers think Trump’s crypto regulation efforts are steps in the right direction.
- 14:46BTC falls below 82000 USDThe market shows that BTC has fallen below 82,000 US dollars, currently quoted at 81,915.21 US dollars, with a 24-hour increase of 2.14%. The market fluctuation is large, please manage your risk well.
- 14:28Web3 game developer M10 secures $3 million in seed fundingWeb3 game developer M10 has completed a $3 million seed round of financing. Investors include the Sui Foundation, GSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund and Presto Labs etc.
- 14:27Ark Invest: Still optimistic about the long-term prospects of Bitcoin, current market sentiment is overly pessimisticNews on March 12, despite the significant market downturn in March, Cathie Wood's investment firm Ark Invest remains optimistic about Bitcoin. On Tuesday, Ark Invest stated in a report: Ark is still optimistic about the long-term prospects of Bitcoin and believes that policy changes and technological breakthroughs in areas such as artificial intelligence and robotics will rekindle spending and increase productivity. Ark Invest also pointed out that relaxed regulation and tax cuts are potential major driving factors for Bitcoin to recover from the current market turmoil. The market has become overly pessimistic about the current macroeconomic and geopolitical sentiment.