Ethereum will launch the Hooli Testnet on March 17th

On March 24th, as per the official announcement, Gate Wallet has initiated a Meme token trading compensation event from March 19th to March 31st at 14:00 (UTC+8). During this event, new users whose cumulative transaction amount in the account exceeds 50 USDT within 7 days will be qualified to receive Meme token trading compensation vouchers, with a maximum compensation of 100 USDT. The total prize pool amounts to $100,000.

On March 24th, as reported by Cointelegraph, the U.S. government is aiming to return $7 million to the victims of social engineering fraud. These victims were tricked into sending money to a fraudulent cryptocurrency investment platform. According to a statement from the U.S. Attorney's Office in the Eastern District of Virginia, this fraud case began with fraudsters contacting victims and winning their trust. Then, they directed the victims to a website that was disguised as a legitimate cryptocurrency investment platform. Once the victims made a deposit, the funds were transferred through more than 75 bank accounts held by shell companies and then moved abroad in a "deceptive manner." Although the funds appeared as domestic transfers, they were actually sent to banks outside the U.S. When the victims tried to withdraw, the perpetrators forced them to make additional transfers by claiming that they needed to pay taxes on the assumed earnings. In 2023, the U.S. Secret Service seized

March 24th. Based on 4E monitoring, during the past week, the dovish remarks from the Federal Reserve and President Trump's statement regarding flexibility in the tariff plan successively boosted stock market confidence. After significant fluctuations, the three major indices closed up collectively for the week: the Dow increased by 1.2%, marking the largest weekly gain in more than two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq rose slightly by 0.17%, halting the previous four-week decline. However, large-cap tech stocks generally closed the week in a lower position, with Nvidia down by 3.26%, Tesla down by 0.53%, and experiencing a consecutive nine-week decline. The cryptocurrency market witnessed fluctuations but overall showed a mild upward trend. Bitcoin dipped below $81,000 on Tuesday and then rebounded. It surged above $87,000 on Thursday following the dovish comments from the Fed and hit a two-week high. After that, it oscillated around the

On March 24th, Arthur Hayes, the co-founder of BitMEX, posted and stated, "I am confident that Bitcoin will reach a level above $110,000 before it retests $76,500." The reason for this is that the Federal Reserve is shifting from a tightening monetary policy (QT) to quantitative easing (QE), with a focus on government bonds. And tariffs are not significant because of "transitory inflation," as Powell stated.

On March 24th, based on alternative data, the cryptocurrency Fear and Greed Index today is 45 (yesterday it was 30), and market fear has significantly eased. Note: The threshold of the Fear Index is 0-100, and it includes indicators such as Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

On March 24th, according to the official data released by Deribit, this Friday (28th) at 4 p.m. will witness the expiration of the BTC March options. There is a total of $11.88 billion in open interest expiring. The current put/call ratio is 0.48, and the maximum pain point is at $85,000 (with the current price being $85,671).