Strategy, the largest public corporate holder of Bitcoin in the world, led by Michael Saylor, is seeking to raise up to $21 billion in fresh capital for the purpose of acquiring more BTC. On March 10, Strategy officially announced a new sales agreement that will enable the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise funds for various corporate needs, including potential Bitcoin purchases. Under the agreement, known as the "ATM Program," Strategy plans to conduct sales in a methodical manner over an extended period, considering the trading price and volumes of the perpetual strike preferred stock at the time of sale. The firm stated in a filing with the SEC that the net proceeds from the ATM Program will be used for general corporate purposes, including the acquisition of Bitcoin and for working capital. Strategy currently holds 499,096 BTC valued at $41.2 billion, which it acquired for $33.1 billion at an average price of $66,423 per BTC. The company had previously revealed intentions to issue and sell shares of its class A common stock to raise $21 billion in equity and $21 billion in fixed-income securities over the next three years as part of its "21/21 plan" to increase its Bitcoin holdings. This is a developing story, and more details will be provided as they become available. Magazine: Kain Warwick from Infinex predicts that the crypto industry has 4 years to grow to a size where it cannot be easily shut down.

Economist and cryptocurrency critic Peter Schiff announced on X platform that he is imitating the US government's launch of the Personal Strategic Bitcoin Reserve Plan, and is following the example of adopting a budget-neutral strategy to obtain bitcoins (accepting donations) without increasing costs, and has received 0.055 BTC so far.

Crypto security analyst and Paradigm adviser ZachXBT emphasized the importance of assessing the legitimacy of blockchain networks by looking at the circulation of stablecoins from major issuers like Circle, Tether, and Paxos. Following US President Donald Trump's announcement on March 2 about including certain digital assets in the country's strategic crypto reserves, ZachXBT pointed out that the presence of stablecoins from these issuers is a strong indicator of legitimacy. He highlighted that neither Cardano nor the XRP Ledger currently host major stablecoins, suggesting that if there was value to capture, the stablecoin issuers would have integrated their stablecoins into these networks. Additionally, ZachXBT noted that addresses linked to Ripple co-founder Chris Larsen still hold a significant amount of XRP, with the potential for continued selling off of the holdings.

Michael Saylor, the founder of Strategy, announced that Strategy has increased its holdings of 22,048 BTC, worth $1.92 billion, bringing the total holdings to 528,185 BTC.

Several alternative cryptocurrencies have outperformed the overall market, with Bitcoin experiencing a significant rebound above $90,000 due to positive news on crypto adoption in the United States. Cardano's (ADA) token saw the biggest increase among the top 100 cryptocurrencies, rising over 43% in a 24-hour period to trade above $0.95. Solana (SOL) and XRP also experienced notable gains, with XRP rising over 15% and SOL nearly 12% on the daily chart, surpassing Bitcoin's 7.3% intraday rise. The rally was attributed to US President Donald Trump's directive to include ADA, SOL, and XRP in the US crypto strategic reserve, as well as strong community support for these altcoins. This recovery in the crypto market may indicate the end of the previous market capitulation, as reported by Cointelegraph on Feb. 20. Trump's announcement regarding the inclusion of ADA, SOL, and XRP in the potential US crypto reserve could mark a significant turning point for these altcoins, suggesting a broader plan beyond Bitcoin and emphasizing US-based crypto projects. Trump reiterated his commitment to establishing a national Bitcoin stockpile during his keynote address at the Bitcoin 2024 conference in Nashville, Tennessee.

Singapore Exchange (SGX), the largest exchange group in Singapore, is reportedly planning to launch Bitcoin perpetual futures in the second half of 2025. According to Bloomberg, SGX aims to introduce Bitcoin (BTC) perpetual futures for institutional and professional investors to increase institutional market access. A spokesperson from SGX mentioned that the company is anticipating to provide a reliable option for trading cryptocurrency futures with its Aa2 rating from Moody's Ratings. SGX's proposed Bitcoin products are currently awaiting approval from the Monetary Authority of Singapore (MAS) and are designed to be exclusive to institutional investors, as per the report. Bitcoin perpetual futures are a type of cryptocurrency derivative that enables investors to trade based on the value derived from the price of an underlying cryptocurrency without needing to hold the asset.

A cryptocurrency trader with foresight reportedly transformed an investment of $2,000 into more than $43 million by capitalizing on the memecoin Pepe at its peak value, despite the token's high volatility and lack of underlying technical worth. The trader achieved a remarkable return on investment of over 4,700 times on the popular frog-themed Pepe (PEPE) cryptocurrency, as per blockchain intelligence platform Lookonchain. Lookonchain stated, "This original investor only spent $2,184 to acquire 1.5 trillion $PEPE ($43 million at its peak) in the early stages. After selling 1.02 trillion $PEPE for $6.66 million, they were left with 493 billion $PEPE ($3.64 million) and a total profit of $10.3 million (4,718 times)." Source: Lookonchain.

On March 3rd, according to crypto analyst Miles Deutscher's post on X platform, XRP whales are selling tokens at record levels. Since November 2024, when the price rose by over 500%, large holders have been actively selling, indicating a phase of heavy distribution for XRP. Based on the Crypto Quant data in the accompanying image, the 90-day average line for XRP shows that recently, XRP whales have been selling off at volumes as high as $120 million to $180 million in a single day.

Barclays stated that it is expected that the Federal Reserve will cut interest rates by 25 basis points in June and September this year, while the previous forecast was for a rate cut in June.

Marathon Digital is planning to raise $2 billion through a new offering, following a successful round that raised $1.4 billion to increase its Bitcoin holdings. The company intends to use the funds from the current offering primarily for purchasing more Bitcoin, with 40% allocated for acquisitions, 35% for general corporate needs, and 25% for working capital. The equity sale will be facilitated by investment firms like Barclays and BMO Capital Market, as Marathon continues its strategy of funding Bitcoin acquisition through stock offerings. With a current holding of 46,376 BTC, Marathon aims to secure a strong position in the digital asset space by focusing on acquiring Bitcoin, inspired by strategies seen in companies like MicroStrategy. The decision to buy Bitcoin directly through stock offerings and convertible bonds is in response to challenges in the Bitcoin mining industry, such as rising energy costs and the halving of mining rewards, while also diversifying the company's digital asset portfolio.

Binance announced the launch of the 65th project Nillion (NIL) on the Launchpool platform. Nillion is a decentralized network that uses secure data processing and storage through blind computing technology, while protecting privacy.

according to official announcement, Coinbase International Exchange and Coinbase Advanced have launched perpetual contracts for REZ, GRASS, and RARE.

Sonic officially announced that its Total Value Locked (TVL) has surpassed 1 billion dollars.

market shows that ETH has fallen below $2000, now trading at $1999.41, with a 24-hour increase of 2.77%. The market is volatile, please manage risks.

On March 20th, Whale Alert monitoring shows that at 17:38 Beijing time, 1,333 BTC (worth about $115 million) was transferred from Ceffu to Binance exchange.

On March 13th, according to Decrypt, Cboe BZX Exchange has submitted a proposed rule change on behalf of Invesco Galaxy to the U.S. Securities and Exchange Commission (SEC), aiming to allow its physical Bitcoin ETF and Ethereum ETF to create and redeem shares in-kind. In-kind redemption and creation allow for the direct exchange of the ETF's underlying assets (Bitcoin or Ethereum) with ETF shares, bypassing the need for cash. This approach eliminates the need for participants to sell the underlying cryptocurrency to create shares, reduces bid-ask spreads, and avoids additional brokerage commissions.

On March 27th, according to Fortune, SEC Chairman nominee Paul Atkins holds up to $6 million in crypto-related assets, including $1 million in equity in crypto custody company Anchorage Digital and tokenization company Securitize. Atkins reported that he holds up to $5 million in shares in crypto investment firm Off the Chain Capital, where he is a limited partner. Off the Chain's investments include private shares in large crypto companies such as Digital Currency Group (DCG) and Kraken.