The U.S. Commodity Futures Trading Commission (CFTC): As of the week ending March 4, the net long position of Bitcoin was 614 contracts. (Jin Shi)

According to Whale Alert monitoring, in the past two hours, the USDC Treasury has added a total of 479,734,456 USDC tokens.

On March 10th, it was reported that JD.com's official recruitment website is currently hiring a stablecoin policy researcher. The position requires a deep financial background and policy research capabilities, with a focus on domestic and international stablecoin policies and regulations, as well as maintaining communication with regulatory agencies. Responsibilities include policy research, regulatory coordination, internal policy support, and market analysis, ensuring the company's compliance and competitiveness in the stablecoin field.

Coinbase CEO Brian Armstrong said on the X platform, "On this historic day of the White House Digital Asset Summit, thanks to President Trump's leadership and David Sacks' efforts, the United States now has a strategic Bitcoin reserve and regulatory policies are gradually becoming clear. This directly translates into economic growth in the United States. For example, Coinbase plans to hire about 1,000 employees in the United States this year to address this new growth. We will continue to develop this industry in the United States to ensure that the United States maintains a leading position in the technology and finance sectors."

According to the official announcement, Binance will support the token replacement and brand upgrade plan of Ethernity Chain (ERN) to Epic Chain (EPIC).

The U.S. Department of Housing and Urban Development is considering using blockchain and stablecoin payments to monitor subsidies. The meeting also discussed the idea of ??experimenting with stablecoin payments to recipients of the Department of Housing and Urban Development, which may first be tested in one office of the department and then widely implemented in other offices.

On March 8th, MegaETH co-founder Lei Yang posted on social media that the RPC outage incident yesterday exposed an interesting edge case. Debugging the RPC method call resulted in the server allocating a large amount of memory for an excessively long string, ultimately leading to memory exhaustion. The MegaETH team has decided to build their own RPC stack in order to apply multiple optimizations on the RPC stack to improve performance. From a performance perspective, the results are good, but the cost is that the team will need to handle the maintenance of the infrastructure themselves. It is expected that there will be more outage situations in the future, and more post-incident analysis reports will be released. It is hoped that these reports will stimulate interesting discussions. They encourage everyone to provide more edge cases for testing now, rather than encountering problems months later.

David Bailey, CEO of Bitcoin Magazine, posted on social media, "If the US Department of Justice continues to hastily liquidate the bitcoins held by the US government within three months of obtaining court approval (against the president's wishes), then the recent price trend of Bitcoin can be explained." This implies that government selling may be an important reason for the recent pressure on Bitcoin prices.

The Ethereum Foundation announced new personnel changes. Hsiao-WeiWang will join the Ethereum Foundation board of directors. Current board members include AyaMiyaguchi (Chair), Vitalik Buterin (Founder), Patrick Storchenegger (Swiss Legal Counsel), and Hsiao-WeiWang (Co-Executive Director). During this adjustment process, the board will share more about its latest developments in roles and functions within the Ethereum Foundation.

President Trump signed an executive order to establish a special White House 2026 World Cup task force.

On March 10th, according to on-chain data, Solana's SIMD-0228 proposal currently has a support rate of 12.4%, an opposition rate of 3.4%, and an abstention rate of 0.7%. If the proposal is passed, it will be gradually implemented over 50 epochs with the goal of significantly reducing inflation (potentially reducing it by 70%-80%, for example, from 4.5% to a minimum of around 0.87%).

Hut 8, a Nasdaq-listed cryptocurrency mining company, released its latest operating data, revealing that the mining output in February was 46 bitcoins, a decrease from the 65 bitcoins mined in January. Currently, its bitcoin reserve has increased to 10,237 BTC (including 968 bitcoins pledged and transferred to a third-party wallet). In addition, Hut 8 disclosed that the delivery of mining machines under the hosting agreement signed with Bitmain is in progress.

On February 28th, encrypted KOL Ansem tweeted, "The bullish view of Bitcoin is that the $70,000 area should be a strong support level for Bitcoin, and after this sharp drop, there are also some changes in the altcoins, they may develop their own trends. There may be significant fluctuations over the weekend, so be cautious about bearish views."

On March 10th, Scalar Capital co-founder Linda Xie announced on social media that she officially joined the decentralized social protocol Farcaster team, responsible for developer ecosystem development.

the US Bureau of Labor Statistics will release the Consumer Price Index (CPI) report for February at 20:30 tonight (Beijing time). The market expects inflation to ease slightly but still remain above the Federal Reserve's target.

Trump reversed his stance on Canadian tariff policies multiple times on Tuesday, causing a "roller coaster" market. At the opening, the major US stock indexes rose, but then Trump announced a 25% tariff on Canadian steel and aluminum, causing the three major indexes to fall. Shortly after, news came out that this policy was suspended and both sides would renegotiate, but the downward trend in the US stock market remained. In the afternoon, the market changed again as Ukraine agreed to a 30-day ceasefire. Large-cap tech stocks rebounded, pushing the US stock market to hit new daily highs, but the market weakened again towards the end of the day. At the close, all three major indexes fell, with the Dow falling 1.14%, the S&P 500 falling 0.76%, and the Nasdaq falling 0.18%. Most of the big tech stocks rose.

SlowMist posted on the X platform, stating that suspicious activities related to a series of tokens created by a contract named Pump on the BSC Chain have been detected. Please stay vigilant.

according to Lookonchain monitoring, a certain whale continues to short the ETH/BTC trading pair. The whale withdrew 3,644 cbBTC (worth $304 million) from Coinbase and deposited 3,034 cbBTC (worth $253 million) into Aave. Then borrowed 79,638 ETH (worth $152 million) from Aave and deposited it into Coinbase.

Goldman Sachs has lowered its year-end target for the S&P 500 index from 6,500 points to 6,200 points by 2025, reflecting the institution's adjustment of its fair forward price-to-earnings (P/E) ratio from 21.5 times to 20.6 times, a decrease of 4%. At the same time, the expected earnings per share (EPS) of index component stocks have been lowered, with the 2024 EPS expectation dropping from $268 to $262, and the 2025 expectation dropping from $288 to $280. 

Cynthia Lummis, a US senator friendly to encryption and chairman of the US Senate Banking Committee's digital asset subcommittee, has resubmitted a new version of the Bitcoin Reserve Act. The latest version will allow the US government to hold more than 1 million bitcoins, as long as these bitcoins are obtained through legal means other than direct purchase, such as civil or criminal forfeiture, gift to the United States, or transfer from a federal agency. The previous version of the bill required a total acquisition of 1 million bitcoins within five years. In addition, the new bill also establishes an evaluation process for Bitcoin fork assets and airdropped assets in reserves, requiring all fork assets to be held in reserves and not sold or disposed of within five years unless authorized by law.