Xinhua News focuses on "March 15th": Beware of speculation in the Metaverse investment, as criminals use the guise of "future currency" to create fake trading platforms

On March 16th, as per Coingecko data, the total cryptocurrency market capitalization has plummeted to $2.8 trillion, with a 24-hour decline of 3.3%.
On the day of Trump's second inauguration (January 20th), the total cryptocurrency market capitalization stood at $3.621 trillion. Since Trump took office, the total cryptocurrency market capitalization has decreased by around $821 billion, representing a decrease of 22.7%.

On March 16th, based on Santiment data, the number of active addresses for DOGE has witnessed a significant surge of approximately 400% recently and reached a short-term peak of more than 390,000. Nevertheless, it still lags far behind the peak of 1.64 million on November 22nd, 2024.

March 16th. As per Cointelegraph, Hayden Davis, who was previously embroiled in an insider trading scandal due to the issuance of LIBRA and MELANIA meme coins, has taken another hard hit. His latest Solana-based meme coin, WOLF, witnessed a staggering 99% plunge just two days after its launch. On-chain data disclosed that over 80% of the tokens were under the control of the internal team, and the trading patterns were identical to those of previous projects. 82% of the total token supply of the WOLF token was held by the same entity, with the fund flow tracing back to the "OxcEAe" address controlled by Davis. This address had transferred funds across 17 wallets months prior to the token launch. On March 8th, the WOLF market cap briefly soared to $42 million but then crashed to $570,000, resulting in an evaporation of over $400 million in market cap. This collapse is merely the tip of the iceberg in Davis's trading history. Previously, with the issuance of LIBRA, 8 insider wallets cash

On March 16th, as reported by Bitcoin.com, a North Korean hacking group currently holds 13,562 BTC, which is valued at approximately $1.14 billion. This has caused North Korea's Bitcoin holdings to surpass those of El Salvador (6,117 BTC) and Bhutan (10,635 BTC), making North Korea the third-largest government entity in terms of global Bitcoin holdings. It is only second to the United States (198,109 BTC) and the United Kingdom (61,245 BTC).

On March 16th, as per Cointelegraph's report, analyst Timothy Peterson pointed out in a new chart analysis that Bitcoin is on the verge of entering the traditional strong months - the "Golden Window Period" consisting of April and October. If the historical seasonal pattern repeats, Bitcoin is expected to soar to $126,000 by June 1st, compared to the current price of $82,967, indicating a more than 50% increase. Peterson stated that the current Bitcoin price is close to the lower limit of the historical seasonal fluctuation range. In his chart analysis, he emphasized, "Historically, Bitcoin has spent only 4 months below the trend line on average. The red dashed trend line points to the $126,000 target on June 1st, which closely aligns with the high-speed breakout pace after a corrective phase in historical bull markets. Data shows that there have been five corrections of over 20% since 2023, but each correction has been followed by a stronger rally. The bull market is not over; the cur