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TRUMP coin's 85% decline has left investors massively out of pocket, damaging broader meme coin sentiment. And the worst is probably still to come.
Share link:In this post: The SEC has delayed approval decisions for XRP, SOL, LTC, ADA, and DOGE spot ETFs, pushing deadlines to May 2025. Official filings confirm the delays, with the SEC citing the need for more time to review the proposals. The SEC’s Crypto Task Force will hold a public roundtable on March 21 to discuss crypto regulations and security classifications.
Share link:In this post: Senator Cynthia Lummis reintroduced the BITCOIN Act to make Bitcoin a U.S. Strategic Reserve Asset, turning Trump’s executive order into law. The bill proposes a 1-million-unit Bitcoin purchase program, securing 5% of Bitcoin’s total supply through the Treasury Department. Senators Jim Justice, Tommy Tuberville, Roger Marshall, Marsha Blackburn, and Bernie Moreno support the bill, citing national debt reduction and financial security.
- 04:51Data: Symbolic Capital Partners transferred over 10,000 ETH to CEX within 24 hours, equivalent to approximately 19.36 million US dollarsChainCatcher reports, according to The Data Nerd's monitoring, Symbolic Capital Partners has transferred 603 Ethereum (approximately $1.1 million) to CEX in the past 2 hours. This institution has transferred a total of 10,334 Ethereum (approximately $19.36 million) to CEX in the past 24 hours. In the past month, its total deposit of Ethereum to CEX reached 28,056 (approximately $52.44 million).
- 04:48First Digital: The first batch of redemptions has been processed after FUD, and we will continue to promptly handle redemption requestsGolden Finance reports that First Digital, the issuer of FDUSD, has announced that the initial redemptions after FUD have been processed. FDUSD is still fully supported at a 1:1 ratio, its redemption channel runs smoothly and will continue to promptly process all redemption requests.
- 04:46Overview of Important Developments on April 3rd at Noon7:00-12:00 Keywords: Canada, Federal Reserve, TIKTOK US 1. Canadian Prime Minister: Will take tariff countermeasures against the US; 2. Bitcoin development group's mailing list temporarily shut down by Google; 3. Probability of the Federal Reserve cutting rates for the fourth time this year rises to 50%; 4. Arizona House of Representatives full committee passes Bitcoin reserve bill; 5. JPMorgan: Trump's tariffs bring $400 billion in revenue, while posing a recession threat; 6. South African Revenue Service: Participants in crypto asset transactions must register mandatorily, otherwise it will be considered illegal; 7. White House is close to approving TIKTOK US deal, with new investors including a16z, Blackstone Group, etc.