QCP Capital's latest analysis pointed out that, as the market awaits the White House cryptocurrency summit, Trump signed an executive order in advance to establish a "Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." Although this move was widely expected to benefit Bitcoin, the market showed a typical "sell the news" reaction, with the price of Bitcoin dropping from $90,000 to $85,000 after the signing.

Bitcoin (BTC) saw a 4% increase on Mar, 7 despite initial disappointment over the US Strategic Bitcoin Reserve. Data from Cointelegraph Markets Pro and TradingView indicated BTC/USD recovering from lows of $84,713 on Bitstamp. The Reserve will only consist of confiscated coins, not new BTC, as part of a strategy to maximize the value of the government's holdings. President Trump signed an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. Market reactions were mixed, with some seeing the news as a disappointment while others remained bullish on Bitcoin's future.

According to on-chain analyst @ai_9684xtpa's monitoring, the Hyperliquid whale who previously went long on ETH 50 times and closed all positions after 2 minutes, making a profit of $5000, has now withdrawn a total of $3.605 million in principal and profits.

Matrixport released a chart today showing that since reaching a high of $3668 on January 7, 2025, Ethereum has fallen by 50% cumulatively. The on-chain activity of the entire Ethereum ecosystem has significantly slowed down, and the weakening fundamentals and continuous low demand for ETH have made market sentiment clearly bearish.

According to the Financial Times of the United Kingdom, Trump's cryptocurrency project made at least $350 million by launching the TRUMP meme coin. Analysis of blockchain data by the media shows that the project's operating entity generated this revenue by selling tokens in the three weeks after TRUMP was launched in January of this year, including $314 million in token sales revenue and $36 million in fees. In addition to the $350 million earned through direct sales of TRUMP on Solana, Trump may have also earned more income by selling a small amount of tokens on crypto exchanges such as Binance.

According to the official announcement, Binance has added an observation tag to the GoPlus Security (GPS) token. This decision was made due to the significant price drop of the token after its spot listing, as well as abnormal market behavior by a market maker.

according to the data of the Hong Kong stock market, as of the close of trading, the turnover of 6 Hong Kong virtual asset ETFs today was 23.5901 million Hong Kong dollars, including: Huaxia Bitcoin ETF (3042.HK) with a turnover of 18.4 million Hong Kong dollars, Huaxia Ethereum ETF (3046.HK) with a turnover of 1.27 million Hong Kong dollars, Jiashi Bitcoin ETF (3439.HK) with a turnover of 1.48 million Hong Kong dollars, Jiashi Ethereum ETF (3179.HK) with a turnover of 1.2 million Hong Kong dollars, Bosera HashKey Bitcoin ETF (3008.HK) with a turnover of 0.7192 million Hong Kong dollars, and Bosera HashKey Ethereum ETF (3009.HK) with a turnover of 0.5209 million Hong Kong dollars.

The market shows AAVE broke through $220, now at $220.07, with a 24-hour increase of 26.22%. The market is volatile, please manage risks.

according to on-chain analyst Ai Yi's monitoring, a user sold 1 SPK token through the Uniswap V3 pool and received $19,686.87.

March 12th news, according to official sources, Megabit will launch the BROCCOLI/USDT perpetual contract with leverage from 1 to 75 on March 12, 2025 at 18:00 (SGT TIME).

The Securities and Futures Commission of Hong Kong today released the Quarterly Report for October to December 2024. In the asset fund management industry, ETFs recorded a net capital inflow of $2.9 billion for the year. In the virtual asset sector, the Hong Kong Securities and Futures Commission issued batch orders to three virtual asset trading platforms at the beginning of 2025, increasing the total number of licensed platforms to ten. Currently, eight virtual asset trading platform license applications are under review.

according to on-chain analyst @ai_9684xtpa monitoring, two minutes ago the GPS repurchase address proposed another 24.11 million GPS, worth $637,000, so the total repurchase quantity has risen to 89.02 million GPS ($2.56 million), and the repurchase progress has been updated to 58.98%.

On March 6th, it was reported that Sunil, the representative of FTX creditors, revealed that the cryptocurrency exchange Kraken has started sending emails to FTX clients confirming that the next round of FTX asset distribution will take place on May 30, 2025.

According to Spot On Chain monitoring, a newly created wallet address withdrew 96,128 SOL tokens from Binance at a price of $128.6 each (worth approximately $12.37 million) and staked them all in Jito. It is worth noting that this address is related to another whale address, which sold a batch of SOL tokens at a higher price of $140.8 about 3 days ago. These SOL tokens made a profit of $4.58 million after being staked for one year (yielding 51%).

according to Spot On Chain monitoring, a smart money address has just deposited $5.22 million into Hyperliquid, opening high-risk long positions for ETH and BTC. Specific transaction details show that the address went long on ETH with 50x leverage at an entry price of $1884.4, with a liquidation price of $1838.2; at the same time, it went long on BTC with 20x leverage at an entry price of $82003.9, with a liquidation price of $61182. It is worth noting that in the past 2 days, this whale has closed two ETH long positions, achieving a 100% win rate and netting a profit of $2.2 million.

According to Whale Alert monitoring, 140,265,879 USDT (approximately $140,411,265) was transferred from an unknown wallet to the Cobo platform at 16:28.

price of gold hit a record high on Monday, as concerns about the escalation of global trade wars and uncertain geopolitical prospects have increased the attractiveness of gold as a safe haven asset and inflation hedge tool. Gold futures prices rose 1.3% in early trading to $3,154.40 per ounce. So far this year, gold has risen by more than 19% and its upward trend is expected to continue. Analysts at ANZ Bank's economic and market research department said, "Strong investment inflows, resilient physical demand, and increased central bank purchases will keep gold in a strong position." Traders are currently awaiting the scope of retaliatory tariffs that US President Trump is about to impose on major trading partners, which could increase inflationary pressures and potentially slow global economic growth.

According to Lookonchain monitoring, two hours ago, an OG wallet deposited the remaining 301 BTC (27.9 million USD) into Binance. The whale purchased 801 BTC (8.25 million USD) at a price of 10,297 USD in August 2019, and sold all of them between September 18, 2024 and March 6, 2025, making a profit of 51.8 million USD.

February 28th news, according to official sources, Megabit will officially launch the GPS/USDT perpetual contract trading with leverage of 1-75 times at 18:00 on February 28th (SGT).