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.

According to Coinglass data, if Bitcoin falls below $80,000, the cumulative liquidation strength of mainstream CEX long positions will reach 169 million. Conversely, if Bitcoin breaks through $83,000, the cumulative liquidation strength of mainstream CEX short positions will reach 469 million.

Solana prediction market takes.fun has announced the end of its testnet testing. The team has adopted all feedback to improve the platform and will soon launch the mainnet on Solana.

Bitmain Technology Group, a blockchain and high-performance computing technology company (NASDAQ stock code: BTDR) (hereinafter referred to as "Bitmain" or "the Company") announced today that its latest Bitcoin mining chip SEAL03 has successfully passed testing after tape-out.

South Korean financial experts and opposition party politicians urged South Korea last Wednesday at a seminar held by the main opposition party, the Democratic Party, in the National Assembly, to include Bitcoin in the national reserves and develop a stablecoin supported by the Korean won. According to the initial report by the Korean Pioneer, the seminar analyzed potential responses to the US establishing national reserves centered around Bitcoin. This discussion took place just before President Trump signed an executive order to establish Bitcoin reserves and cryptocurrency reserves on Thursday.

On March 10th, Axios reported that Apex Fintech, a financial technology company focused on embedding stock trading in applications, is considering acquiring Bakkt, the crypto platform originally spun off from Intercontinental Exchange (ICE).

According to Onchain Lens monitoring, a whale has increased its long positions on SOL, ETH, WIF, BTC, and kPEPE, currently facing a floating loss of $14.39 million. The whale still has open contract orders for these tokens, totaling $8.43 million.

On March 10th, according to DefiLlama data, there is a potential on-chain liquidation of $128 million at an Ethereum price of $1919.266. The majority of this is from MakerDAO protocol liquidations, totaling $127.8 million.

According to Lookonchain monitoring, during the period of Bitcoin price decline, some whales chose to buy against the trend and go long on BTC. Address 0x9b28...7cA1 deposited 1.14 million USDC to Hyperliquid to go long on Bitcoin with 20x leverage. At the same time, another address 0x8Bff...CDC3 invested 4 million dollars and set 100 limit orders to go long on Bitcoin in the price range of $76,000 to $79,000.

According to on-chain analyst Yu Jin's monitoring, the investment portfolio of WLFI has currently lost 110 million US dollars. The 9 types of tokens purchased for 336 million US dollars are now worth only 226 million US dollars. Because ETH accounts for 65% of the entire investment portfolio, it is also the biggest loser: the average cost of ETH is $3,240, and the current price is $2,000. The loss is as high as 80.85 million US dollars (-37%). Surprisingly, the one that has dropped the least is Sun Ge's TRX: it has only dropped by 5% since being bought from WLFI.

Only 4% of the global population currently holds Bitcoin, with the United States having the highest concentration of holders, estimated at 14% of individuals owning BTC.