Cesar Ruiz, Chief Investment Officer of Pictet Group in Switzerland, believes that there will be both traps and opportunities in 2025. Many economists are concerned that the tariff policies promoted by the Trump administration will cause inflation, but Ruiz is confident in market growth. He believes that in the first half of the year, the uniqueness of the United States will remain strong, and the growth of the U.S. stock market will be sufficient to allow investors to achieve steady returns. Ruiz compares the new Treasury Secretary, Yellen, to Ben Bernanke, the former chairman of the Federal Reserve during the global financial crisis. Bernanke "was the best person for the job at the right time. Yellen is also the same." Ruiz expects that there will be large-scale consolidation among mid-sized financial companies in the United States, making it a good time to buy stocks of potential acquisition targets. With Trump cutting regulations, mergers and acquisitions will increase significantly alongside IPOs, providing good opportunities for investment banks or trading targets. (Jinshi)

According to OnchainLens monitoring, a whale staked 70,966 SOL (worth $8.95 million) and, 13 days later, unstaked and deposited the SOL into Coinbase, losing $1 million.

According to the Financial Times, global banks and fintech companies are competing to launch their own stablecoins to grab a share of the cross-border payment market that is expected to be reshaped by cryptocurrencies. Bank of America expressed an open attitude towards issuing its own stablecoin last month, joining the ranks of payment service providers such as Standard Chartered Bank, PayPal, Revolut, and Stripe that have already entered this field.

David Bailey, CEO of Bitcoin Magazine, posted on social media, "If the US Department of Justice continues to hastily liquidate the bitcoins held by the US government within three months of obtaining court approval (against the president's wishes), then the recent price trend of Bitcoin can be explained." This implies that government selling may be an important reason for the recent pressure on Bitcoin prices.

On March 10th, news came that Sonic (formerly Fantom) co-founder Andre Cronje (AC) has added the "flyingtulip founder" tag to his personal X profile. According to the project's official website, flyingtulip is positioned as a next-generation intelligent trading protocol that can support leverage trading of over 50 times. The protocol uses adaptive curve technology to automatically adjust between constant product and constant sum curves based on real-time market volatility, providing traders with better execution prices and bringing the best returns to liquidity providers.

On March 10th, Scalar Capital co-founder Linda Xie announced on social media that she officially joined the decentralized social protocol Farcaster team, responsible for developer ecosystem development.

The U.S. Department of Housing and Urban Development is considering using blockchain and stablecoin payments to monitor subsidies. The meeting also discussed the idea of ​​experimenting with stablecoin payments to recipients of the Department of Housing and Urban Development, which may first be tested in one office of the department and then widely implemented in other offices.

On March 10th, according to on-chain data, Solana's SIMD-0228 proposal currently has a support rate of 12.4%, an opposition rate of 3.4%, and an abstention rate of 0.7%. If the proposal is passed, it will be gradually implemented over 50 epochs with the goal of significantly reducing inflation (potentially reducing it by 70%-80%, for example, from 4.5% to a minimum of around 0.87%).

On March 10th, it was reported that JD.com's official recruitment website is currently hiring a stablecoin policy researcher. The position requires a deep financial background and policy research capabilities, with a focus on domestic and international stablecoin policies and regulations, as well as maintaining communication with regulatory agencies. Responsibilities include policy research, regulatory coordination, internal policy support, and market analysis, ensuring the company's compliance and competitiveness in the stablecoin field.

The Ethereum Foundation announced new personnel changes. Hsiao-WeiWang will join the Ethereum Foundation board of directors. Current board members include AyaMiyaguchi (Chair), Vitalik Buterin (Founder), Patrick Storchenegger (Swiss Legal Counsel), and Hsiao-WeiWang (Co-Executive Director). During this adjustment process, the board will share more about its latest developments in roles and functions within the Ethereum Foundation.

The Japanese government has approved a proposal to amend the Payment Services Act, aiming to reform the regulatory framework for cryptocurrency brokers and stablecoins. The bill has been submitted to the parliament for deliberation and is expected to be passed in the coming days. According to information released by the Financial Services Agency (FSA), the new regulations will allow cryptocurrency companies to operate as "intermediary businesses," meaning brokers will no longer need to apply for the same license as cryptocurrency exchanges and wallet operators.

According to Lookonchain monitoring, a certain whale's lending position of 65,675 ETH (worth $135.8 million) on Maker is on the verge of liquidation. Its health ratio is only 1.05, with a liquidation price of $1,931.83.

On March 10th, according to Bitcoin.com, if all the non-bitcoin encrypted assets held by the US government were liquidated and converted to bitcoin, it is estimated that approximately 5000 bitcoins could be added. According to Arkham data, as of March 9, 2025, the US federal government holds 60,850 Ethereum (valued at approximately $123 million), which can be converted to approximately 1,522.86 bitcoins; in addition, it also holds 122 million USDT, which can be exchanged for approximately 1,500 bitcoins.

President Trump will hold a roundtable meeting with the President's Council of Advisors on Science and Technology at 2 a.m. Beijing time tomorrow. (Jinshi)

The Liberal Party of Canada has announced that Mark Carney, a former central banker and Bitcoin critic, will be Canada's new prime minister. Carney won in a landslide vote on March 9 to replace Justin Trudeau, who held the position for over seven years. Prior to this, Carney served as governor of the Bank of Canada from 2008 to 2013 and then as governor of the Bank of England for seven years. He has been critical of Bitcoin and cryptocurrencies, advocating for central bank digital currencies instead. Carney also plans to retaliate against US President Donald Trump's tariffs on Canadian goods.

CertiK, a blockchain security company, issued a warning. Its security team detected multiple suspicious transactions on the Arbitrum network. An attacker with the address 0x97d8170e04771826a31c4c9b81e9f9191a1c8613 may have exploited a vulnerability to bypass signature verification and stole approximately $140,000 from multiple unverified exchange adapter contracts.

On March 10th, according to news.bitcoin, the US government currently holds 60,850 ETH, worth about $122.96 million, which can be liquidated for 1,522.86 BTC. In addition, they also hold 1.22 billion USDT, which can roughly get around 1,500 BTC. Furthermore, the government holds Wrapped Bitcoin (WBTC), with a reserve of 750.722 WBTC, worth $61.69 million; and also holds 40,293 BNB and other assets, with BNB assets worth $22.34 million, which can be stored or liquidated for 276.86 BTC. This means that if the government liquidates its holdings of altcoins, it can add 5,004.55 BTC to the treasury.

According to Lookonchain monitoring, during the recent price drop process, a whale was very good at shorting BTC, with unrealized profits exceeding 7.5 million US dollars.

The ruling party of Canada, the Liberal Party, announced that Mark Carney has been elected as the new leader of the party. Carney will succeed current Prime Minister Trudeau as the Prime Minister of Canada and form a new cabinet.

According to on-chain analyst @ai_9684xtpa, the seven giant whales / institutional addresses that recently bottomed out ETH have accumulated a total loss of $10.25 million.