According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

On March 9, cryptocurrency market analyst Axel noted in a recent report that the Bitcoin Short-Term Holder SOPR (Spent Output Profit Ratio) has been below 1.0 for seven of the past eight days—indicating this cohort is systematically selling at a loss. Only on March 4, when BTC briefly touched $70,800, did the indicator edge above 1.0 before quickly falling back to loss-selling territory. Meanwhile, the Short-Term Holder Supply metric has dropped from roughly 6.06 million BTC to 5.92 million over the past two weeks—a total reduction of 140,000 BTC. This group’s average cost basis is around $89,028, while the current market price hovers near $67,175, marking a 24% gap and significant unrealized losses. Axel explained the supply decline could reflect two scenarios: either capitulation (realizing losses) or tokens naturally “maturing” into long-term holdings. The wide gap between cost basis and current prices has created a structural supply surplus. If prices rise, some short-term ho

March 9 — Official sources confirm Binance Alpha will list Nebula3 (SN3) on March 11. Eligible users can claim the airdrop via Alpha Points by visiting the Alpha event page once Alpha trading goes live.

On March 9, *The Guardian* reports that the Bank Policy Institute (BPI)—representing 40 large U.S. banks including JPMorgan Chase, Goldman Sachs, and Citigroup—is weighing a lawsuit against the Office of the Comptroller of the Currency (OCC). BPI notes that OCC chief Jonathan Gould—appointed by former President Trump—is reinterpreting federal charter rules to streamline access to a “national bank charter” for crypto firms and fintech startups, enabling them to operate across all 50 U.S. states. The institute argues this move would let such firms enter the U.S. financial system without strict oversight, risking harm to consumers and financial system stability. BPI previously pressed the OCC in October to reject license applications from Circle, Ripple, and payment firm Wise. Additionally, Trump family-owned crypto company World Liberty Financial filed for the same charter in January 2024. Also opposing the OCC’s policy: the Conference of State Bank Supervisors (CSBS)—representi

**March 9th: Onchain Lens data indicates BlackRock has deposited 2,200 BTC (≈$149.13 million) and 2,417 ETH (≈$4.84 million) to Coinbase in the past half hour, with potential for additional deposits.**

**Update:** As of March 9, data from DefiLlama shows trading activity across major perpetual protocol DEXs remained relatively muted over the weekend. Hyperliquid’s trading volume came in under $5 billion, though its total value locked (TVL) saw a modest uptick and open interest held a minor fluctuation. EdgeX held the second spot by trading volume, while Hyperliquid retained the top position. Below are the latest 24-hour trading volume, TVL, and open interest figures for leading perpetual protocol DEXs: - **Hyperliquid**: ~$45.7 billion (24h trading volume) | ~$44.4 billion (TVL) | ~$57.1 billion (open interest) - **EdgeX**: ~$20.8 billion (24h trading volume) | ~$1.79 billion (TVL) | ~$10.3 billion (open interest) - **Aster**: ~$17.7 billion (24h trading volume) | ~$9.72 billion (TVL) | ~$21.4 billion (open interest) - **Lighter**: ~$16.5 billion (24h trading volume) | ~$6.33 billion (TVL) | ~$6.36 billion (open interest) - **Apex**: ~$11.0 billion (24h trading volume

On March 9, The Wall Street Journal reports that Nasdaq has teamed up with Kraken to boost its tokenization strategy—a key step toward bridging traditional finance and blockchain technology. The collaboration aims to streamline digital asset management.