GuShiio.com Binance HODLer Airdrop launched the 11th project- GoPlus Security (GPS);Zora released ZORA Token Economics: 10% for retrospective airdrops;Placeholder Partner: This is the bull market correction stage, not the top of this bull market.
Today’s top news tips:
Market News: The Trump administration plans to announce a zero capital gains tax policy on cryptocurrency sales at Friday’s Crypto Summit
Nasdaq has filed 19b-4 filing for the Grayscale Hedera ETF
Binance adjusted the observation label rules and added 10 tokens such as AERGO, ALPACA, and AST
Bybit CEO: 77% of stolen funds are still traceable, 20% are no longer traceable, and 3% have been frozen
Binance HODLer Airdrop Launch Phase 11 Project- GoPlus Security (GPS)
Zora releases ZORA Token Economics: 10% for retrospective airdrops
Placeholder Partner: This is the bull market correction stage, not the top of the bull market round
Arthur Hayes: I firmly believe that it is still in a bull market cycle, with Bitcoin falling to $70,000 at worst
Regulation/macro
State Council Tariff Commission: Starting from March 10, a 10% or 15% tariff will be imposed on some imported goods originating in the United States
According to the Financial News Agency, the State Council Tariff Commission issued an announcement on the 4th that on March 3, 2025, the U.S. government announced that it would impose a further 10% tariff on all China goods exported to the United States on the grounds of fentanyl. The unilateral imposition of tariffs by the United States damages the multilateral trading system, increases the burden on American companies and consumers, and undermines the foundation of economic and trade cooperation between China and the United States. With the approval of the State Council, starting from March 10, 2025, additional tariffs will be imposed on some imported goods originating in the United States. The relevant matters are as follows: 1. A 15% tariff will be imposed on chicken, wheat, corn, and cotton. 2. Impose a 10% tariff on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products. 3. For imported goods listed in the Annex originating in the United States, corresponding tariffs will be imposed on the basis of the current applicable tariff rate. The current bonded and tax reduction and exemption policies will remain unchanged, and the additional tariffs imposed this time will not be exempted or exempted. 4. Before March 10, 2025, if the goods have been shipped from the place of departure and are imported from March 10, 2025 to April 12, 2025, the additional tariffs stipulated in this announcement will not be imposed.
Market News: The Trump administration plans to announce a zero capital gains tax policy on cryptocurrency sales at Friday’s Crypto Summit
Mike Alfred, founder of digital asset investment platform Eaglebrook Advisors, said in a post on platform X: “There is news that the Trump administration is preparing to announce a zero capital gains tax policy on cryptocurrency sales at Friday’s Cryptocurrency Summit (that is, cryptocurrency sales will be exempt from capital gains tax).”
Nasdaq has filed 19b-4 filing for the Grayscale Hedera ETF
According to Cointelegraph, Nasdaq filed a 19b-4 application to list and trade the Grayscale Hedera ETF (HBAR).
February’s market crash triggered a $500 million ETH liquidation
According to The Block, in February, the Ethereum lending market experienced its most serious liquidation event in 12 months, with nearly $500 million in collateral liquidated. This is the second-highest monthly liquidation amount in DeFi’s history, second only to the US$670 million liquidation when the market crashed in May 2021. The surge in liquidations coincided with a sharp decline in the market value of the entire cryptocurrency market, triggering a series of forced liquidations. These liquidations were mainly concentrated on two major lending platforms, Aave and Compound, which together handled most of the liquidations in February. Although the loan agreement was designed to handle liquidation through an automated process, the scale of the February incident highlighted how quickly market conditions deteriorated when overall market sentiment shifted. For borrowers, this emphasizes the importance of maintaining healthy mortgage ratios and having enough buffers to withstand market downturns. Despite the huge clearing volume, major lending platforms have shown resilience and operate as designed even under pressure. This operational stability represents an important point of maturity for DeFi’s infrastructure, demonstrating that these agreements can handle large-scale deleveraging events without systemic risk.
Well-known Internet anchor Amouranth said he was robbed by gunmen and was asked for cryptocurrency
According to Cointelegraph, late at night on March 2, well-known Internet anchor Amouranth (real name Kaitlyn Siragusa) posted a series of posts on the X platform, claiming that he had been robbed and that the robbers asked him for cryptocurrency. On March 3, hours after she first posted on X, she posted another update stating that there were three gunmen and attached a video suspected to be from a surveillance camera. Allegedly after she took the three men to another part of the property, three loud noises were heard and the three men ran out of the picture. In November 2024, Amouranth posted a screenshot of her Coinbase account, showing that she held approximately 211 bitcoins, which were worth US$20 million at the time, or US$86,535 per bitcoin. The screenshot also shows that she holds about $80,000 worth of Ethereum, when the price of Ethereum was $2,161 at the time. Amouranth is known for being public about her finances, having participated in a YouTube personal finance show and shared her income on various platforms.
The US SEC Cryptocurrency Working Group officially announced that the first roundtable meeting will be held on March 21
According to The Block, the U.S. Securities and Exchange Commission’s newly formed cryptocurrency task force will hold its first roundtable meeting later this month as part of a series of meetings. The meeting, titled “Our Past and Future-Defining Securities Status,” will be held March 21 at the agency’s headquarters in Washington, D.C., the SEC said in a statement Monday. This roundtable is part of the “Spring Sprint, Seeking Cryptocurrency Clarity” series of meetings. “I look forward to leveraging the public’s expertise to develop a viable regulatory framework for cryptocurrencies,” Republican Commissioner Hester Peirce, who leads the cryptocurrency task force, said in a statement. Peirce said she plans to prioritize classifying some tokens as “non-securities.”
NYSE Arca has filed a 19b-4 application for the Bitwise Dogecoin ETF
NYSE Arca has filed a 19b-4 application for the Bitwise Dogecoin ETF, which states in the “Text of Proposed Rule Changes” section that in accordance with Section 19 (b)(1) of the Securities Exchange Act of 1934, as amended, and Rule 19b-4 thereunder, NYSE Arca proposes to list on the NYSE Arca market and trade shares of Bitwise Dogecoin exchange-traded funds in accordance with NYSE Arca Rule 8.201-E (Commodity Based Trust Shares).
Trump: Reciprocal tariffs will be implemented on April 2
According to Kim Shi, U.S. President Trump said that reciprocal tariffs will be implemented on April 2. Tariffs on Canada and Mexico will come into effect on Tuesday.
Yuga Labs announced that the U.S. SEC has officially ended its investigation
Yuga Labs posted on platform X: “After more than three years of investigation, the U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into Yuga Labs. This is a huge victory for the NFT field and all the creators who are driving the development of our ecosystem. NFT is not a securities.”
Financing/IPO
AI company CoreWeave filed for an IPO and plans to raise $4 billion at a $35 billion valuation
CoinDesk reported that CoreWeave, an AI company that works closely with Bitcoin mining company Core Scientific, filed an IPO application today, with an expected raise of US$4 billion and a valuation of more than US$35 billion. The prospectus shows that the company achieved revenue of US$1.9 billion in 2024, but resulted in a net loss of US$863 million due to AI-related investments. The company currently has accumulated losses of US$1.5 billion. CoreWeave has invited Core Scientific to assist in building 500 megawatts (MW) AI infrastructure. When CoreWeave was still engaged in Ethereum mining, the latter was once the former’s largest GPU supplier.
AI startup Anthropic has raised $3.5 billion, valued at $61.5 billion
According to Zhitong Financial. com, artificial intelligence startup Anthropic announced that it has officially completed a financing of US$3.5 billion, with the company’s valuation reaching US$61.5 billion. The round was led by Lightspeed Venture Partners, with a $1 billion investment, and other investors included General Catalyst, Jane Street and Fidelity Management Research Company. In addition, existing investors such as Menlo Ventures and Bessemer Venture Partners have also made additional investments in this round of financing. Anthropic’s valuation soared, in part because of the company’s rapid expansion. According to people familiar with the matter, at the end of 2023, the company’s annual revenue operating rate was approximately US$1 billion, but it has increased by 30% so far this year. However, Anthropic did not comment on specific revenue. The new financing will be used to develop next-generation AI models, expand computing power, strengthen AI security research, and drive market expansion in Asia and Europe. Last week, Anthropic launched Sonnet, a more advanced AI model, and released a new AI agent that automates software programming tasks. This move further demonstrates its cutting-edge innovation capabilities in AI research and development.
MEV infrastructure FastLane Labs completes US$6 million financing, led by Figment Capital and others
MEV Infrastructure FastLane Labs announced that it has completed a US$6 million financing, led by Figment Capital and DBA, and participated by Coinbase Ventures, Robot Ventures, Hashkey Capital, ChORUS ONE and others. The new funds will be used to create comprehensive liquidity pledge tokens on Monad. According to reports, FastLane Labs is committed to building a long-term MEV ecosystem on Monad that will benefit users, dApps and pledgers. Previously, it was reported in May 2023 that FastLane Labs completed a US$2.3 million financing, led by Multicoin Capital.
project dynamics
Binance adjusted the observation label rules and added 10 tokens such as AERGO, ALPACA, and AST
Binance announced that it will adjust the update frequency of the Observation tab to once a month, and new projects will be added in the first week of each month. At the same time, the scope of observation tags will be expanded to add the following 10 new tokens: Aergo (AERGO), Alpaca Finance (ALPACA), AirSwap (AST), Badger DAO (BADGER), BurgerCities (BURGER), COMBO (COMBO), NULS (NULS), STP (STPT), UniLend (UFT) and VIDT DAO (VIDT).
Bybit CEO: 77% of stolen funds are still traceable, 20% are no longer traceable, and 3% have been frozen
Ben Zhou, co-founder and CEO of Bybit, released the latest executive summary of hacker funds on the X platform: The total amount of stolen funds is approximately US$1.4 billion, equivalent to approximately 500,000 ETH, of which 77% is still traceable, 20% is no longer traceable, and 3% has been frozen. Breakdown: 83%(417,348 ETH (approximately US$1 billion) have been converted to Bitcoin, involving 6,954 wallets (an average of 1.71 BTC per wallet). This week and next week are critical for the funds freeze, as funds will begin to be cleared on exchanges, over-the-counter (OTC) and peer-to-peer (P2P) platforms. Hackers mainly use THORChain to convert ether into bitcoin: the number of ETH exchanged through the THORChain chain was 361,255, equivalent to 900 million US dollars, accounting for 72%, and this part can be traced. 79,655 ETH pieces, accounting for approximately 16% of the funds, disappeared through the ExCH channel and are still waiting for updates. 40,233 ETH pieces, equivalent to US$100 million, or 8%, were traded through OKX Web3 agents. Among them, 16,680 ETH can still be traced, while 23,553 ETH, equivalent to US$65 million (about 5%), cannot be traced and require information from OKX Web3. Bounty update: A total of 11 parties helped Bybit freeze funds, with the top three most prominent performers being Mantle, Paraswap and ZachXBT. 2,178,797 USDTs have been paid to 11 bounty hunters.
Binance HODLer Airdrop Launch Phase 11 Project- GoPlus Security (GPS)
According to an official announcement, Binance HODLer Airdrop is now launched for the 11th project- GoPlus Security (GPS). During the period from 08:00 on February 19, 2025 to 07:59 on February 25, 2025 (East Eighth District Time), users who use BNB to subscribe for guaranteed and profitable coins (regular and/or current) or on-chain coins will receive airdrop distribution. HODLer airdrop information is expected to be available within 12 hours, and new tokens will be distributed to users ‘spot wallets at least 1 hour before the start of the transaction. Binance will launch GPS on March 04, 2025 at 21:00 (East Eighth District Time), and open trading pairs for USDT, USDC, BNB, FDUSD and TRY, applying seed label trading rules. The GPS recharge channel will open in 2 hours. GPS HODLer Airdrop Details: Token name: GoPlus Security (GPS); Total supply of Genesis tokens: 10,000,000,000 GPS; maximum supply of tokens: 10,000,000,000 GPS; total number of HODLer airdrop tokens: 300,000,000 GPS (accounting for 3% of the maximum supply of tokens); an additional 400,000,000 GPS will be allocated to Hodler airdrop in batches 6 months after the spot launch; detailed rules will be announced separately. Circulation supply at the time of Binance listing: 1,813.4 million GPS (accounting for 18.1% of the largest supply of tokens).
Cronos ‘proposal to restore 70 billion CROs that have been destroyed faces strong opposition, with an opposition rate currently reaching 95.7%
Layer1 blockchain Cronos faces strong opposition over a proposal to restore 70 billion CRO tokens destroyed in 2021. Early voting results on Mintscan showed that 95.7% of participants voted to reject the plan. Voting is expected to end on March 17. In addition, Cryptoslaate reported that CRO advocate Wyll Bilderberg said on platform X: “Destruction is destruction, and destroyed tokens should not be resurrected. I almost never oppose anything that happens on Cronos, but today, I strongly oppose it! If this bill passes, it will just confirm that Cronos is highly centralized and therefore cannot be trusted.” Earlier, it was reported yesterday that Cronos proposed to reissue 70 billion destroyed tokens to “create a Cronos strategic reserve.”
Zora releases ZORA Token Economics: 10% for retrospective airdrops
According to The Block, the general media registration agreement Zora announced in an announcement on Monday that it will launch its namesake Meme coin on the Optimism-based Base network in the coming months. The upcoming tokens are “for entertainment only” and will not give the holder governance rights. The first snapshot of ZORA was taken on Monday, and the second snapshot is scheduled three days before the official ZORA airdrop and is expected to take place sometime in the spring of 2025. The total supply of the tokens is 10 billion, of which 26.1% is allocated to contributors, 20% is used for incentives, 20% is owned by the treasury, 18.9% is allocated to the Zora team, 10% is used for retrospective airdrops, and 5% is used to maintain liquidity. It is reported that Zora is a universal media registration protocol built using the Optimism technology stack. The company was founded in 2020 and launched the decentralized, creator-centered Zora network in 2023. In May 2022, Haun Ventures led a $50 million funding round for Zora, when the agreement was valued at $600 million.
views
Placeholder Partner: This is the bull market correction stage, not the top of the bull market round
Chris Burniske, partner at Placeholder, tweeted that market sentiment is currently low and many people choose to sell at lows, but he believes this is an opportunity rather than an end. He believes that now may be just a correction in the bull market, rather than the top of this bull market. Even if Bitcoin may fall a little, selling now may not be a good choice because it is easy to miss subsequent gains. He advised investors to keep calm and choose not to watch price fluctuations if they don’t know what to do; if they still have funds on hand, they can consider buying in batches when the market looks attractive or when the mood is most pessimistic. He warned not to trust people who “always trade perfectly” and that long-term holding of potential assets is the key. Burniske also mentioned that bitcoin and crypto assets are rising and falling at the fastest rate in financial markets. If there is greater volatility in the stock market, policies may intervene, and the crypto market will be the most sensitive to this. He encouraged investors not to miss opportunities because of fear or frequent operations, and was full of confidence in the future of the blockchain industry, believing that institutional access and technology applications were accelerating.
Adam Cochran: Trump has no right to unilaterally abolish the crypto capital gains tax, only Congress can
In response to Mike Alfred’s previous rumor that “the Trump administration plans to announce a zero-capital-gains tax policy on cryptocurrency sales at the Crypto Summit on Friday,” Adam Cochran, partner at Cinneamhain Ventures, said: “Mike blackened me because I repeatedly verified his authenticity, but that didn’t stop me. The president cannot unilaterally change the tax code. Only Congress can. This is one of the few congressional powers clearly stipulated in the Constitution. Even if the president announces the decision or attempts to sign an executive order for it, it will not make it law. It’s no more effective than claiming to be a cupcake.”
Arthur Hayes: I firmly believe that it is still in a bull market cycle, with Bitcoin falling to $70,000 at worst
BitMEX co-founder Arthur Hayes said in a recent blog post that although the U.S. stock market index is still near all-time highs, Bitcoin has signaled that a liquidity crisis is approaching. Based on this, Hayes believes that the U.S. stock market will undergo a serious correction due to recession concerns. Hayes pointed out that if Bitcoin leads the trend when the market goes down, it will play a similar role when it goes up. Due to the huge amount of leverage in the system, minor financial disturbances can quickly turn into full-blown panic. If his predictions are accurate, the Fed will act quickly. Bitcoin will be the first to bottom out, and the fiat financial system dominated by the U.S. stock market will then fall into trouble. Hayes firmly believes that it is still in a bull market cycle, so the worst-case scenario for Bitcoin is to fall back to the historical high of $70,000 in the previous cycle. But he is not sure if it will fall to that level. A positive sign is a decline in the U.S. Treasury’s total account balance, which amounts to a liquidity injection. Based on confidence in Trump’s financial policies and goals, Hayes increased his exposure when Bitcoin was traded in the $80,000 to $90,000 range. If the current situation is just a “dead cat rebound”, he expects Bitcoin to drop to the low of $80,000 again. If the S & P 500 or Nasdaq 100 index falls 20% to 30% from historical highs and a large financial institution is on the verge of bankruptcy, global markets may fall simultaneously, all risky assets will suffer together, and Bitcoin may fall below 80,000 US dollars., or even drop $70,000. No matter how volatile the market is, Hayes said he would be cautious about bargain hunting, not use leverage, and wait for the final shock of global (especially the United States) fiat financial markets, which will push Bitcoin to US$1 million or even higher. He concluded: “Stay focused and buy Bitcoin.”
CryptoQuant CEO: BTC may remain depressed until U.S. market sentiment improves, and the market does not care about retail investors
CryptoQuant CEO Ki Young Ju said the bitcoin market may remain depressed until U.S. market sentiment improves. At present, the activity on the chain is not significant and the key indicators are neutral, indicating that the bull market cycle is still continuing. At the same time, Bitcoin fundamentals remain strong and more mining machines are coming online. He pointed out that if the bull market cycle ends here, it will be an undesirable outcome for all parties, including established whales, mining companies, traditional financial institutions and even Trump. He added that the market did not care about the impact on retail investors.
important data
Or affected by the new Binance Observation label, NULS, ALPACA, COMBO and other tokens fell by more than 20% in a short period of time
According to Binance market data, or affected by the new Binance observation label, NULS, ALPACA, COMBO and other tokens fell by more than 20% in the short term. Among them: COMBO fell by 24.2% in the short term and is now quoted at US$0.2244;NULS fell by 23.58% in the short term and is now quoted at US$0.1919;ALPACA fell by 21% in the short term and is now quoted at US$0.0946;AERGO fell by 20.1% in the short term and is now quoted at US$0.0739; BADGER briefly fell 19.53% and is now quoting US$3.047;VIDT briefly fell 19.17% and is now quoting US$0.016;AST briefly fell 16% and is now quoting US$0.0581;UFT briefly fell 15.12% and is now quoting US$0.1353;BURGER briefly fell 14.01% and is now quoting US$0.3018;STPT briefly fell 9.71% and is now quoting US$0.09604. According to previous news, Binance adjusted the observation label rules and added 10 tokens such as AERGO, ALPACA, and AST.
Ansem sold $2 million in WIF and $1.06 million in FARTCOIN, resulting in losses of $294,000 and $31,000 respectively
According to Onchain Lens monitoring, 13 hours ago, Ansem (@blknoiz06) conducted two token sales transactions: one was to sell 2.97 million $WIFs for US$2 million, resulting in a loss of approximately US$294,000; the other was to sell 3.6 million $FARTCOIN for US$1.06 million, resulting in a loss of approximately US$31,000.
An ancient giant whale transfers 6022 ETH pieces to an Ethereum Foundation associated address, approximately US$12.34 million
According to monitoring by online analyst@ai_9684xtpa, the ancient giant whale with Ethereum IC 0.56 million ETH transferred 6022 ETH, approximately US$12.34 million, to the Ethereum Foundation’s associated address more than two hours ago. The funds have not yet been transferred or interacted. The IC0 giant whale has distributed ETH to 4 addresses, of which a total of 105,522 ETH have been transferred to the current address in the past two years. Most of them are used for various LRT agreements. Currently, 280,000 ETH with costs as low as US$0.31 are still stored in three addresses.
A giant whale that shorted ETH 50 times now has a floating profit of US$78 million
According to monitoring by online analyst@ai_9684xtpa, a giant whale opened a short position in Ethereum on Hyperliquid with 50 times leverage in January, and now has a floating profit of about US$78 million. If Ethereum rises to US$3,507.3, its corresponding position will be liquidated.
Update: Giant Whale “sets 10 big goals first” is suspected to have closed its position at around US$90,000 in BTC, closed profits and opened long. The new operation has lost US$15.62 million.
Regarding the giant whale’s position of “setting 10 big goals first”, according to an update released by online analyst@ai_9684xtpa, according to screenshots taken by group friends last night, the giant whale seems to have closed its position at around US$90,000 in BTC to take profits and turned its head to open more. It also opened multiple orders for ETH: BTC: opening price of US$90207, holding 2069 ETH: opening price of approximately US$2285, holding 10,800 positions Based on this data, it has now lost US$15.62 million.
A giant whale has withdrawn a total of 20 million OM from Binance in the past 4 days, and currently has a floating loss of US$4.7 million
According to monitoring by OnchainLens, in the past four days, a giant whale has extracted a total of 20 million OM (worth US$143.1 million) from Binance. Currently, these OMs are worth US$138 million and have floating losses of US$4.7 million.
1.54 million UNIs continued to flow from Galaxy Digital to Binance and OKX 5 hours ago
According to monitoring by chain analyst Ember, 1.54 million UNIs (approximately US$11.17 million) continued to flow into Binance and OKX from Galaxy Digital five hours ago. In 12 days, up to 8.871 million UNI(US$74.35 million) were transferred from Galaxy Digital to Binance and OKX. UNI prices also fell 29% during this period ($9.5 to $6.7).
A giant whale holding more than 110,000 ETH has transferred 30,000 ETH to FalconX and Galaxy Digital in the past 14 hours
According to Lookonchain monitoring, a giant whale wallet holding more than 110,000 ETH (US$235 million) appears to be selling ETH. In the past 14 hours, the wallet has transferred 30,000 ETH ($68.55 million) to FalconX and Galaxy Digital and received 7.76 million USDC from FalconX. This wallet may be related to Genesis Trading.
Hackers have cleaned all 499,000 ETH stolen from Bybit, which took 10 days
According to monitoring by the chain analyst Ember, the hackers have cleaned all 499,000 ETH($1.39 billion) stolen from Bybit. The entire process took 10 days. ETH prices have fallen by 23% over the process (from $2,780 to $2,130 now). THORChain, the main channel used by hackers for money laundering, also earned US$5.9 billion in transaction volume and US$5.5 million in fee income due to hacker money laundering.
