Santiment analysis report shows that despite the overall poor performance of the crypto market, some altcoins are showing significant growth in on-chain and social activities. The report pointed out that during the period when the price of Bitcoin fluctuated between $78,000 and $84,000, large-cap tokens such as XRP, BNB, Tron, and Stellar were quietly gaining momentum, with significant growth in on-chain and social activity indicators for multiple projects. Specific data is as follows:

according to The Data Nerd monitoring, an hour ago, a new wallet withdrew 146,000 AUCTION coins (approximately $3.71 million) from Binance.

according to the official website, the Trump family's encrypted project World Liberty Financial has completed all community public offering financing (previously added an additional round), with a total financing amount of $550 million.

Dan Romero, founder of Farcaster, posted on social media that Farcaster will collaborate with developers/projects who wish to provide airdrops to users. Users who join will perform the required actions (using frameworks, participating in channels, etc.), establish a good user reputation, and may receive airdrops in the future. Ultimately, developers can decide on the target users (data is permissionless). The first airdrop will take place next week.

according to Arbitrum's announcement on the X platform, the Karrat Foundation will jointly launch Studio Chain with Arbitrum. At the same time, the Karrat Foundation has also reached a strategic partnership with the Arbitrum Foundation. It is reported that the blockchain is planned to focus on the gaming market, and will integrate the Karrat native token into the Studio Chain ecosystem.

according to The Block, BlackRock's BUIDL fund has surpassed $1 billion in assets under management, becoming the first institutional-grade on-chain fund to reach this milestone. BUIDL is backed by short-term government bonds and provides daily returns to qualified investors, similar to an on-chain stablecoin. Since its launch in March 2024, BUIDL has surpassed Franklin Templeton's BENJI and Hashnote's USYC, becoming the largest on-chain fund globally, accounting for approximately one-fourth of the entire $4.2 billion on-chain government bond market. BUIDL operates on the Ethereum mainnet and has expanded to Aptos, Arbitrum, Avalanche, Optimism, and Polygon, supporting cross-chain Wormhole bridging. Custodians include Anchorage Digital, BitGo, Copper, and Fireblocks, with fund settlement handled by The Bank of New York Mellon. BlackRock is accelerating its Web3 strategy and providing institutional-grade crypto asset management services through Coinbase.

the Bokhan District Prosecutor's Office in the Irkutsk Oblast found an illegal cryptocurrency mining farm in a three-story orphanage in the Kazaqiye village, confiscating 96 mining devices. The building was originally an educational institution but has since been closed. A non-profit organization operated the mining farm without permission, violating electricity and fire safety regulations, failing to maintain the equipment, and not installing a fire alarm system. The court ruled to dismantle all mining equipment and cease the illegal use of the land, and the prosecutor's office has filed administrative lawsuits against the organization's leader. Irkutsk Oblast, attracted by low electricity prices and cold climate, has drawn a large number of miners. Despite the government's plan to completely ban mining by 2031, illegal mining farms continue to appear in various buildings, becoming a key target for crackdown.

according to Decrypt, the U.S. bankruptcy court has approved the liquidator of the hedge fund Three Arrows Capital (3AC) to increase the claim amount against FTX to 1.53 billion US dollars, rejecting FTX debtor's objections, who believe this move is untimely and unfair.

ARK Investment Management announced that it will change the main listing location of its three innovative exchange-traded funds ARKW, ARKK, and ARKF from NYSE Arca to the Chicago Options Exchange Cboe BZX Exchange. These three funds are expected to trade on March 26 under their current stock codes. According to data from early March, Coinbase is currently the sixth largest holding in the ARKW fund, accounting for 6% and with a market value of approximately $99.01 million; Bitcoin ETF remains the largest holding in the ARKB fund, with a market value of approximately $169.8 million.

according to Trader T monitoring, the net outflow of the US spot Ethereum ETF was $73.82 million yesterday.

On March 14th, Chaos Labs, a blockchain risk analysis platform, released the encrypted research tool Chaos AI. The official statement said that Chaos AI, based on proprietary data from trillions of transactions over the years, can transform scattered market data into institutional-level financial intelligence. Unlike general inference models, Chaos AI is specifically built for encryption, trained on public and private encryption datasets, integrated with the Chaos Labs knowledge base, and enhanced through RAG's proxy tools.

spot gold touched $2990 per ounce, hitting a new historical high, with a 0.04% increase during the day.

according to CoinMarket Cap data, Solayer (LAYER) has surpassed EigenLayer (EIGEN) in market value, becoming the 153rd largest cryptocurrency by market value.

according to Trader T monitoring, the net outflow of the US spot Bitcoin ETF was $133.15 million yesterday.

JPMorgan Chase announced updates to the Bitcoin mining company ratings and stock price targets based on the fourth quarter performance report for 2024, including:

according to Arkham monitoring data, the US government wallet address transferred about 298.937 AVAX (worth about $5,480) to a new wallet in the past 9 hours, with another small transfer of 0.546 AVAX (about $9.99).

ZKsync officially announced the cancellation of the second season of the incentive plan Ignite, and will gradually terminate the plan by closing the rewards of the 6th period of the first season starting from March 17. ZKsync explained that the market is currently in a bear market environment. Like other ecosystems, ZKsync has decided to take a more conservative approach to expenses in the medium and short term to cope with the constantly changing market conditions. All remaining rewards will be distributed as planned by Monday, March 17, 2025. After the distribution is completed, there are no plans to provide new incentives or rewards.

cryptocurrency analyst Benjamin Cowen recently stated that Ethereum (ETH) will have to go through a "painful period" before rebounding, with its current trend repeating the pattern of the 2019 market cycle.

Barclays stated that it is expected that the Federal Reserve will cut interest rates by 25 basis points in June and September this year, while the previous forecast was for a rate cut in June.

Turkey is advancing cryptocurrency regulation, with new rules being developed for Cryptocurrency Asset Service Providers (CASPs). On March 13, the Capital Markets Board of Turkey (CMB) issued two regulatory documents regarding the licensing and operation of CASPs, covering cryptocurrency exchanges, custodians, and wallet service providers. This regulatory framework grants the CMB comprehensive oversight of cryptocurrency platforms to ensure compliance with domestic and international standards. Additionally, the framework establishes standards and requirements for setting up and providing cryptocurrency services in Turkey, including registered capital, management backgrounds, shareholder rules, etc.