Arthur Hayes: $77,000 Is Most Likely the Bottom, Market Currently Needs a Real Bullish Impetus

On March 20th, the founder of Binance, CZ, posted on social media, saying, "Cryptocurrency has witnessed significant growth, and my followers have been on the rise as well. I have now reached more than 10 million followers. Thank you for your support throughout this journey." "I make an effort to interact with as many people as I can. I am unable to conduct background checks on everyone. My interaction does not signify endorsement."

On March 20th, Paolo Ardoino, the CEO of the stablecoin issuer Tether, posted on social media and said, "Compared to countries or regions, Tether was the seventh-largest buyer of US debt in 2024 and purchased a total of $33.1 billion worth of US Treasury bonds."

On March 20th, Stani Kulechov, the founder of Aave, announced on social media that "a new community proposal is intended to launch a new Aave staking module in order to enable AAVE buybacks and fee conversions."

March 20th: The South Korean cryptocurrency exchange Upbit responded to the rumors about charging extremely high listing fees. It stated that according to its listing support policy, Upbit evaluates projects through a strict internal review process and does not require any fee as a condition for listing. Upbit determines whether to list a project based on the listing support policy published on its official website. During this process, no intermediaries are allowed. Any intermediation fees received during the listing support application process are also strictly reviewed. Please be vigilant against illegal brokers and false information. Upbit does not permit external organizations to assist or mediate in listing support. All processes are carried out directly by Upbit staff. Therefore, if any company or individual requests intermediary fees and guarantees Upbit listing support, this constitutes illegal broker behavior that has nothing to do with Upbit. Please be especially cautious

On March 20th, as reported by Wu Said Blockchain News, the team of the stablecoin digital bank InfiniInfini sent an on-chain message to the Infini hacker address and attached a court litigation document. The plaintiff in the lawsuit is Chou Christian-Long, the CEO of BP SG Investment Holding Limited (wholly owned by Infini Labs). The first defendant is Chen Shanxuan, a resident of Foshan, Guangdong. The identities of the second to fourth defendants have not been confirmed yet. The plaintiff and BP Singapore developed a smart contract for managing company and client funds. The first defendant took the lead in creating the contract. The contract originally had multi-signature permission to control fund outflows. However, it is alleged that the first defendant retained "super admin" authority and falsely informed other team members that this authority had been removed. In late February 2025, the plaintiff discovered that approximately 49.51 million USDC tokens of encrypted assets were t

On March 20th, the renowned analyst PlanB made a post on social media, saying, "In fact, a genuine bull market has not yet come into being."