Bitcoin Drops Below $86,000

On March 4th, based on on-chain data, at 8:39:35 (UTC+8) which is Beijing time, a particular address paid 58.76 ETH (equivalent to US$125,710) as Gas fees in a single transaction on the Ethereum mainnet.

On March 4th, as per an official announcement, the U.S. Securities and Exchange Commission (SEC) announced today that its special crypto asset working group will organize a series of roundtable discussions to deliberate on key aspects of crypto asset regulation. This series of events is titled "Spring Sprint: Towards Clarity in Crypto Regulation," with the first roundtable discussion "How We Got Here and How We Can Get Out of the Predicament - Defining the Attributes of Securities" scheduled to take place on March 21st. The first roundtable discussion will be held at the SEC headquarters from 1:00 to 5:00 p.m. (local time) on March 21st and will be open to the public. However, on-site attendance may be restricted, and all visitors are required to undergo security checks. The main discussion part of the meeting will be broadcast live on the SEC.gov website, and a recording will be made available later. SEC Commissioner Hester M. Peirce, who is in charge of the special working group, s

On March 4th, Solomon, the CEO of Goldman Sachs, stated that the likelihood of a U.S. economic recession is extremely low. (Financial Times)

On March 4th, based on HTX market data, the exchange rate of ETH/BTC has decreased by 5.85% within the past 24 hours. It is currently at 0.02496, approaching the lowest point since April 2021, which is 0.02337.

On March 4th, based on market data, the Meme coin HENLO within the Berachain ecosystem was launched with a reported market value of $37.6 million. Previously reported, the Meme coin project Henlo in the Berachain ecosystem announced the completion of a $3 million seed round financing. This round of financing was participated in by Framework Ventures, SNZ Capital, Rubik VC, Baboon VC, Paramount Capital, Primitive Ventures, Asylum Ventures, etc.

On March 4th, according to official channels, OpenAI's rival, Anthropic, declared that it has successfully completed a Series E funding round worth $3.5 billion with a valuation of $61.5 billion. This round was spearheaded by Lightspeed Venture Partners, and General Catalyst, Jane Street, and Fidelity Management & Research Company also took part. Existing investors such as Menlo Venture and Bessemer Venture Partners also participated in this latest round of investment. A source familiar with the situation mentioned that the company had an annual revenue of around $1 billion by the end of last year. As of this year, this figure has already increased by 30%.