According to the Financial Times of the United Kingdom, Trump's cryptocurrency project made at least $350 million by launching the TRUMP meme coin. Analysis of blockchain data by the media shows that the project's operating entity generated this revenue by selling tokens in the three weeks after TRUMP was launched in January of this year, including $314 million in token sales revenue and $36 million in fees. In addition to the $350 million earned through direct sales of TRUMP on Solana, Trump may have also earned more income by selling a small amount of tokens on crypto exchanges such as Binance.

QCP Capital's latest analysis pointed out that, as the market awaits the White House cryptocurrency summit, Trump signed an executive order in advance to establish a "Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." Although this move was widely expected to benefit Bitcoin, the market showed a typical "sell the news" reaction, with the price of Bitcoin dropping from $90,000 to $85,000 after the signing.

On March 7th, news came that Manus founder and CEO Xiao Hong said in an interview with Tencent Technology that, as of now, Manus' parent company, Butterfly Effect, has completed two rounds of financing, with a total scale of over 10 million US dollars. The first round of investors was ZhenFund (ZhenFund was Xiao Hong's angel investor in his previous venture, and they invested all the money earned from Xiao Hong's previous project into this project); the second round of investors include Sequoia China, Tencent, ZhenFund, and Wang Huiwen. In 2023, under the matchmaking of investors, the company introduced core members such as Ji Yichao (former founder and CEO of PeakLabs, now Chief Scientist of ManusAI) and Zhang Tao (former product manager of Beyond Light Years, now Product Manager of ManusAI).

On March 7th, Binance released the reserve proof for March 2025. As of March 1st, Binance's BTC reserve ratio reached 100.77%, ETH reserve ratio was 100.00%, USDT reserve ratio reached 104.42%, and BNB reserve ratio reached 110.92%. In addition, Binance's reserve proof this time added the TRUMP currency, with a reserve ratio of 100.38%. As of now, Binance's reserve proof covers a total of 35 tokens, all with reserve ratios exceeding 100%.

On March 7th, according to TheBlock, Base has acquired the IronFish development team to strengthen its efforts in privacy-focused blockchain solutions. This acquisition is limited to the team only, Base will not acquire the IronFish blockchain or its native token.

Binance announced that starting from 16:00 on March 14, 2025, it will stop supporting the deposit and withdrawal of the following tokens through the designated network:

The market shows BTC falling below $88,000, now trading at $87,995.97, with a 24-hour decline of 3.64%. The market is fluctuating significantly, please manage your risks.

U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve in the United States to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed higher. At the same time, Bitcoin will begin to act as a store of value this year, especially in light of concerns that Trump's tariff policies may lead to a resurgence of inflation.

Spot gold touched $2920 per ounce, up 0.31% on the day.

Manus co-founder and chief scientist Yichao Peak Ji issued a statement on X, stating: "Our official X account (@ManusAI_HQ) was unexpectedly frozen yesterday. We are actively working with the X team to resolve this issue. Initial observations indicate that this freeze may be related to third-party mentions of cryptocurrency scams. To clarify: Manus has never been involved in cryptocurrency projects, token issuance, or blockchain plans, and any cryptocurrency companies with similar names claiming to be associated with us are fraudulent. We are taking legal action against these imposters and encourage users to report suspicious accounts." (Jinshi)

Musk's large language model Grok replied on Twitter: As Grok, I suggest using "GrokCoin" as the name of the memecoin - it is both fun and related to my AI identity, and it is also attractive to cryptocurrency enthusiasts. Meme coins usually draw inspiration from internet trends and humor, such as Dogecoin's dog meme origins, and can gain attention through community participation on platforms like X. Subsequently, someone guided Grok to reply through a comment with the same name grokcoin and posted the contract address, and later this person deleted the guided comment.

On March 7th, TON Ventures director Howard Peng stated that they are considering forming a research team focused on the combination of AI and cryptocurrency, and plan to explore product-market fit (PMF) on Telegram.

According to on-chain data analyst @ai_9684xtpa, the first address holding GrokCoin only spent 18 SOL (approximately $2560) to buy 17.69 million tokens at an average price of $0.0001447. Within the past 6 minutes, this address sold 18,000 tokens to break even, with the remaining 92.6% of the holding still showing a profit of $185,000.

On March 7th, Eliezer Ndinga, strategy director at 21Shares, stated on social media that he believes the U.S. government has two ways to increase its Bitcoin reserves. The first is by seizing Bitcoin obtained from criminal activities, such as the 174,000 Bitcoins in the Silk Road case, which would not require additional spending; the second is to use fines collected by cryptocurrency law enforcement agencies (such as the U.S. Securities and Exchange Commission/Commodity Futures Trading Commission) to purchase Bitcoin.

According to Solana co-founder Anatoly Yakovenko's tweet, the Bitcoin executive order is a "scalpel," not a government bailout of the cryptocurrency market, but rather a further elimination of regulatory uncertainty that has plagued the industry for the past four years.

Initia officially announced that Initia will close its wallet extension service at 3:00 am on March 18th (UTC). Initia wallet users must complete the migration before this date, otherwise they will not be able to access data on the test network, including test network Jennie and related data. Users can migrate their wallets through migration.initia.xyz.

According to Lookonchain monitoring, a whale is spending 15.7 million USDC to buy HYPE tokens. In the past two days, he has already purchased 563,238 HYPE tokens (worth 8.93 million US dollars) and set multiple limit orders between $12 and $14.63, preparing to continue buying with the remaining 6.49 million US dollars USDC.

On March 7th, according to community members' feedback, a deposit of 74 BTC was not recorded with the corresponding transaction hash on the mainnet yesterday. Currently, only 88 BTC of existing deposits remain on the Odin platform, indicating that the platform may have been hacked. In addition, crypto influencer Yuyue mentioned that the platform funds are temporarily unable to be withdrawn.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with the address 0x122f transferred 2,619 ETH (approximately $5.79 million) to the Kraken exchange 11 hours ago.

According to Ember monitoring, possibly due to the fact that the market did not meet expectations after Trump signed the Bitcoin Reserve Executive Order, a whale sold 7,358 ETH at a price of $2,154 in the past hour, exchanging it for 15.848 million USDS (Spark Protocol stablecoin): not only liquidating its own holdings of 5,372 ETH, but also borrowing 1,986 ETH to short sell.