MegaETH Ecosystem DEX Platform GTE Launches Testnet

On March 22nd, according to HTX market data, AUCTION saw a significant surge earlier today. It briefly exceeded $68 (with an all-time high of $70.44). Subsequently, it experienced a maximum retracement of 36.6% and is currently trading at $44.22. Furthermore, based on Coinglass data, in the past 12 hours, there have been liquidation orders totaling $83.2 million across the entire network. Among them, AUCTION had liquidations of $13.9 million, ranking second only to BTC, which had liquidations of $15.69 million.

On March 22nd, according to the monitoring of on-chain data analyst Yu Jin, the "manipulator" whale or institution of AUCTION withdrew a total of 2 million AUCTION tokens (26% of the total supply) from Binance using 4 addresses from February 23rd to March 16th, almost exhausting Binance's AUCTION balance. During this period, the AUCTION price increased from $12 to $26. · On March 17th, the whale or institution transferred 500,000 AUCTION tokens (approximately $16.9 million) into Binance, resulting in the AUCTION price dropping from $35 to $31. Subsequently, the AUCTION price continued to rise and reached a new all-time high this morning.

On March 22nd, as monitored by Farside Investors, yesterday's Grayscale GBTC experienced a net outflow of $21.9 million. Mini BTC had a net inflow or outflow of 0. ETHE had a net inflow or outflow of 0, while Mini ETH witnessed a net inflow of $6.7 million.

On March 22nd, as per the monitoring by Farside Investors, yesterday both Fidelity's FBTC and FETH witnessed a net inflow or outflow of 0.

On March 22nd - During the SEC's initial cryptocurrency roundtable, Hester Peirce expressed that cryptocurrency projects should be granted the permission to raise funds through tradable NFTs. She further disclosed that NFTs might be the next domain for the SEC to issue no-action relief following Proof of Work mining. Peirce proposed that projects such as Stoner Cats and Flyfish Club, which obtain funds through NFTs and offer specific benefits to holders (such as access rights and membership), may not be regarded as securities. She indicated that it would be "quite beneficial" if the SEC could furnish a reference framework for NFT issuers. Previously, during Gary Gensler's tenure, the SEC had initiated securities law enforcement actions against multiple NFT projects. Nevertheless, Peirce stressed that not all projects involving NFTs would automatically be exempt from regulation, and NFTs structured with security-like features would still be subject to regulatory limitations.

On March 22nd, according to Politico, a Super PAC network that is financed by the cryptocurrency industry is going to support two Republican candidates in Florida who will participate in the special election for the U.S. House of Representatives on April 1st. This network consists of Fairshake, Defend American Jobs, and Protect Progress. Specifically, Defend American Jobs will spend $1.2 million on ads to back Florida Senator Randy Fine. Fine had previously made a post on the X platform, stating that "Florida residents desire to witness crypto innovation" and calling for "clear regulatory regulations." The Super PAC will also allocate $345,000 to support Jimmy Patronis, who intends to run for the seat previously held by Congressman Matt Gaetz. Patronis had previously written to the Florida Retirement System, urging them to explore the possibility of investing a portion of state retirement funds in digital assets. Currently, there are 4 vacant seats in the U.S. House of Representative