Your Position Home News

Crypto Morning Post: Trump will issue an executive order to promote crypto strategic reserves, and the first cryptocurrency summit on March 7 will reveal more

This week, tokens such as ENA, BERA and MOVE will be unlocked in large quantities.

Author: Shenchao TechFlow

yesterdaymarket dynamics

The White House will hold its first cryptocurrency summit on March 7

According to Jin Shi, the White House will hold its first cryptocurrency summit on March 7.

Trump: Will releaseexecutive orderPromote cryptocurrency strategic reserves including XRP, SOL and ADA

He also said: It is clear that BTC and ETH, as well as other valuable cryptocurrencies, will be at the core of reserves. I also like Bitcoin and Ethereum!& rdquo;

Crypto czar David Sacks: More will be revealed at the Cryptocurrency Summit

“Crypto czar David Sacks posted on X: President Trump announced the establishment of a strategic reserve of cryptocurrencies composed of Bitcoin and other top cryptocurrencies. This is consistent with his previous Executive Order 14178. President Trump is fulfilling his promise to make the United States the world’s cryptocurrency capital, and more will be revealed at the summit. rdquo;

Data: This week, ENA, BERA and MOVE tokens will welcome large unlocks

According to Token Unlocks data, ENA, BERA, MOVE and APT will welcome a one-time large-scale unlocking of tokens this week, with a total release value of more than US$1 billion, including:

Ethena (ENA) will unlock 2.07 billion tokens at 15:00 on March 5, worth approximately US$985 million, accounting for 66.19% of the circulation;

Berachain (BERA) will unlock 10 million tokens at 21:00 on March 8, worth approximately US$85.1 million, accounting for 9.27% of the circulation;

Aptos (APT) will unlock 11.31 million tokens at 6:00 on March 13, worth approximately US$75.66 million, accounting for 1.92% of the circulation;

Movement (MOVE) will unlock 50 million tokens worth approximately US$26.1 million, accounting for 2.08% of circulation at 20:00 on March 9.

China Securities Regulatory Commission: orderly developmentdigital RMBPilot in Hong Kong to comprehensively deepen close practical cooperation between the mainland and Hong Kong

According to Jin Shi, the China Securities Regulatory Commission issued a letter on the reply to the proposal at the second meeting of the 14th CPPCC National Committee. It mentioned that the China Securities Regulatory Commission and relevant departments will further optimize and expand the interconnection between the financial markets of the mainland and Hong Kong, continue to optimize mechanisms such as Stock Connect, Bond Connect, and Mutual Recognition of Funds, and conduct in-depth research and demonstration on the basis of summarizing existing experience. The feasibility of listing Hong Kong companies in the mainland, continue to promote and optimize the pilot of cross-border wealth management connect business based on market demand, carry out the pilot of digital RMB in Hong Kong in an orderly manner based on actual conditions, comprehensively deepen close practical cooperation between the mainland and Hong Kong, and consolidate and enhance Hong Kong’s status as an international financial center.

Vitalik Buterin: “Bitcoin Jesus” Roger Ver’s life sentence for tax crimes is ridiculous

Vitalik Buterin, co-founder of Ethereum, said in a statement: It is ridiculous to be sentenced to life in prison for non-violent tax crimes. The case against “Bitcoin Jesus” Roger Ver appears to be highly politically motivated; like Ross Ulbricht, founder of the Dark Web Silk Road, many people and companies have been charged with more serious crimes but face a much lighter sentence than the one Roger faced. If the IRS did threaten Roger’s lawyers to obtain confidential information, it would be malicious; lawyers ‘right to confidential consultation must be sacrosanct. Real bona fide mistakes should be corrected by giving the parties the opportunity to pay taxes, including interest and fines, rather than by suing.”

The Ethereum Foundation appoints Hsiao-Wei Wang and Tomasz Stanczak as joint executive directors

According to CoinDesk, the Ethereum Foundation announced a new leadership structure, appointing Hsiao-Wei Wang and Tomasz Stanczak as co-executive directors starting March 17. Hsiao-Wei has served as a core researcher at the Ethereum Foundation for seven years and is a key contributor to the Ethereum Beacon Chain. Tomasz Stańczak led the team to build the execution client Nethermind. Tomasz will remain involved in Nethermind, but is gradually transitioning out of his CEO position.

The Ethereum Foundation said,”In the next few years, the Ethereum ecosystem will need to cope with the challenging transition from serving early projects for a few enthusiasts to becoming a strong, permission-free, censory-resistant foundation layer in the global financial and software stack.” Under the leadership of Hsiao-Wei and Tomasz, Ethereum will ensure that Ethereum and the ecosystem can grow while ensuring that this growth promotes the core values that originally inspired Ethereum’s existence, such as open source, permission-free global collaboration, privacy and security.”

EF Researcher Danny Ryan announced his return to the Ethereum ecosystem and joined Etherealize as a joint venture

According to Danny Ryan, a researcher at the Ethereum Foundation, in an article on the X platform, he joined Etherealize as a joint venture to help Ethereum develop, and Vitalik Buterin welcomed it.

In September last year, Danny Ryan, a researcher at the Ethereum Foundation, announced his departure, ending his seven years of contribution to the Ethereum ecosystem. Ryan said on GitHub that the departure was for personal reasons and wanted to make room for new opportunities, emphasizing that the decision did not reflect issues in Ethereum or the crypto industry.

It is reported that Ryan played an important role in the key upgrade of Ethereum. He served as the chief coordinator of the Ethereum The Merge upgrade and oversaw the launch of the Beacon Chain in 2021. Ryan also actively participated in the progress update of Ethereum improvement proposals.

YZi Labs launches project application for CZ token issuance crazy ideas

Ella Zhang, head of YZi Labs (formerly Binance Labs), forwarded a tweet posted by Zhao Changpeng yesterday on the X platform about the crazy idea of token issuance, and announced that if a long-term builder creates a project based on Zhao Changpeng’s idea, he can submit an application to YZi Labs and receive priority review from YZi Labs.

Previously, Zhao Changpeng issued an article saying that I have a crazy idea about token economics, but I have no plans to issue new tokens. The initial 10% of the tokens will be unlocked and sold on the market, and the proceeds will be used for the project team to develop products/Platforms, marketing, wages, etc. Subsequent unlocking must meet all of the following conditions:

1. It has been at least 6 months since the last unlock.

2. The token price must continue to be higher than twice the last unlocked price for 30 days before unlocking.

3. Only 5% of the tokens can be unlocked at a time.

Musk: Meme coin is a silly game, only suitable for having fun rather than investing

In an interview with the Joe Rogan podcast, Musk said about the Memecoin phenomenon,”People are just playing games of silly and chair grabbing, and the last person who sits down loses everything.” If you want to “win” on Meme coins, you are stupid. Don’t put your life savings into a Meme coin. If you want to have some fun, you can play with Meme coins.”

Trademark lawyer: Trump Organization applies for trademark for TRUMP to launchmeta-universeand NFT trading platform

According to trademark lawyer Josh Gerben, the Trump Organization applied for a trademark for TRUMP to launch the Metaverse and NFT trading platforms.

market dynamics

Crypto Morning Post: Trump will issue an executive order to promote crypto strategic reserves, and the first cryptocurrency summit on March 7 will reveal more插图

recommended reading

Conversation with Bybit’s CEO: From the brink of collapse to full recovery, how did Bybit save the crisis within 72 hours?

This article discusses in detail Bybit’s response strategies and experience after encountering a $1.5 billion hacker attack, covering many aspects such as crisis management, fund tracking, user trust rebuilding and future development of the industry. Bybit has demonstrated a high degree of transparency, professionalism and teamwork capabilities, setting a new benchmark for crisis management in the encryption industry.

Berachain’s main website is launched. What high-quality projects have been launched?

This article mainly introduces the rapid development of the ecosystem after Berachain’s main network was launched, covering DeFi, GameFi, SocialFi, NFT and other fields, attracting many innovative projects. Its core technology, Proof of Liquidity (PoL), drives ecological infrastructure construction while enhancing user stickiness through community and Meme culture. However, as an emerging public chain, Berachain still needs time to verify the sustainability of its projects and faces the challenges of cultivating a user base and market competition.

The Western agreement is Made in the Orient, entering DePIN and the industrial chain behind it

The article discusses the development status of DePIN track, East-West cooperation in the industrial chain, supply chain advantages of hardware production and market trends. Through interviews with three DePIN founders, the article analyzes Asia’s important role in hardware manufacturing and market demand, and also discusses the connection between DePIN and hot topics such as the Meme craze and Trump policies.

Web3 VC The ultimate guide to which VC can I make money by playing with?

This article analyzes the investment performance of VCs in the Web3 space and provides guidance for ordinary players on how to choose high-quality VCs to improve their return on investment. The article divides VCs into five levels from T0 to T4 through data collation, and conducts a detailed evaluation of their investment success rate and average return (ROI). It points out that the investment return of foreign VCs is better than that of domestic VCs, and VCs under the exchange rank between the two.

What everyone needs to know about the U.S. Great Debt Cycle: Risks, Opportunities, and Thoughts

This article analyzes in detail the risks, opportunities and possible coping paths of the U.S. debt cycle. Combined with Dalio’s new book “How Countries Go Bankrupt”, it explains the stage of the current U.S. debt crisis and possible measures in the future, and discusses the global economy and The far-reaching impact of financial markets.

Interview with a16z founder Chris Dixon: The intersection of artificial intelligence and encryption technology

This article mainly records an exclusive interview with Chris Dixon, founder of a16z, and explores the intersection of artificial intelligence (AI) and encryption technology (Crypto) and its impact on future Internet economic models, new hardware and decentralized systems. He proposed three stages of technological development and emphasized the importance of supporting blockchain and open source AI to meet the challenges of Internet centralization trends and new economic models.

Welcome to join the official social community of Shenchao TechFlow

Telegram subscription group: www.gushiio.com/TechFlowDaily
Official Twitter account: www.gushiio.com/TechFlowPost
Twitter英文账号:https://www.gushiio.com/DeFlow_Intern

Popular Articles