The US stock market opened, the Dow fell 0.03%, the S&P 500 index rose 0.32%, the Nasdaq rose 0.4%, Strategy fell 1.53%, and Coinbase rose slightly by 0.071%.

According to on-chain analyst @ai_9684xtpa, Smart Money 7rCbH...s5jt5 spent 200 SOL to buy 14.54 million tokens at a cost as low as $0.002725 per token after half an hour of CAR going live. Subsequently, all the tokens were sold in batches during the rise, with an average selling price of $0.375, resulting in a profit of $3.08 million and a return rate of 7786%.

According to the official announcement of Base, Base has launched multiple new technologies aimed at improving on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has been launched on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain.

Dennis Porter, co-founder of Satoshi Action Fund (SAF), tweeted that committees in seven states in the United States have already reviewed the Strategic Bitcoin Reserve Bill, and the legislative process is advancing.

on the eve of the Artificial Intelligence Action Summit, French President Macron announced that 109 billion euros will be invested in the field of artificial intelligence in the coming years. Macron hopes that France can seize the opportunities of this new era and said that 100,000 young people will receive training in this project. He emphasized that Europe should avoid regulating before innovating when facing the challenges of artificial intelligence, otherwise it will deviate from the track of innovation and fall behind in the competition in this field. The Artificial Intelligence Action Summit is scheduled to be held in Paris, France from February 9th to 12th. (Jinshi)

former Federal Reserve Vice Chairman Randall Quarles said that tariffs may lead to a certain extent of interest rate cuts by the Federal Reserve. It is expected that a large number of people will be expelled from the United States, but it will not affect the labor market. (Jinshi)

On April 2nd, news came that Elon Musk's X platform is urging the U.S. Supreme Court to protect companies from being forced to disclose sensitive user financial data by federal law enforcement agencies without "reasonable suspicion". The X platform is requesting the judge to review the lower court's decision, which allows the IRS to enforce a subpoena for Coinbase customer transaction records in a tax investigation involving over 14,000 users of the cryptocurrency exchange.

Uniswap Labs has launched a native fiat off-ramp feature, allowing users to directly convert their crypto assets into fiat currency within the Uniswap wallet and deposit them into a bank account. This feature is implemented through integrations with Robinhood, MoonPay, and Transak, and will be expanded to the Uniswap browser extension and official website in the future. Users can exchange supported ERC-20 tokens for stablecoins such as USDC, ETH, and quickly withdraw them. Uniswap Labs stated that this feature covers over 180 countries, significantly improving the liquidity between crypto assets and fiat currency.

According to Arkham monitoring, about 30 minutes ago, Grayscale transferred 11,800.171 ETH worth $28.18 million from its Coinbase Prime Deposit address to Coinbase Prime hot wallet address.

Musk once again released the US Government Efficiency Department LOGO with a Shiba Inu DOGE icon on the X platform. It is reported that at the end of last month, the official website of the US Government Efficiency Department deleted the LOGO containing Shiba Inu elements, and the website has not yet restored the LOGO with the Shiba Inu DOGE icon.

On February 28th, Ernst & Young (EY) Global Blockchain Leader Paul Brody expressed the view that tokenizing physical assets through blockchain can create daily, transparent price information for markets that traditionally have been limited to only a few asset classes, thereby redefining portfolio management. The emergence of tokenized assets will expand the range of investable assets, allowing investors to access asset classes and regions that have been overlooked due to scarce data or insufficient liquidity. For example, by tokenizing physical assets such as real estate in Thailand, oil leases in Nigeria, or New York taxi medallions, continuous and transparent price data can be generated, enabling these assets to be compared on equal terms with traditional assets such as U.S. stocks.

 Joey Krug, a partner at the venture capital firm Founders Fund, revealed at the ETHDenver conference that the U.S. Securities and Exchange Commission (SEC), under former chairman Gary Gensler, had forced decentralized finance (DeFi) platform founders to commit to never again engaging in the cryptocurrency industry through settlement agreements.

On February 10th, Alliance DAO co-founder Qiao Wang stated in his latest podcast video that "a year ago, I thought there was no difference in developing projects on Ethereum L2 or Solana, but after nearly a year of observation and comparison, I found that the same startup projects have no transactions or users on Ethereum L2, while they are more active on Solana." Therefore, Qiao Wang suggests that crypto startups should launch on Solana.

On February 28th, Bluefin announced that it has acquired the majority of the equity of InsideX, the online trading terminal of Sui Chain. InsideX is an integrated trading terminal on the Sui Network, providing multifunctional trading tools.

The cryptocurrency and AI company Olas has launched a decentralized platform called Mech Marketplace, which allows AI agents to autonomously hire other AI agents to assist in specific tasks. The platform aims to facilitate specialized collaboration between different AI agents, addressing the limitations of individual AI agents being unable to complete all tasks.

the Newport City Council in Wales plans to permanently close and seal a landfill site during the 2025-26 period. The landfill contains a hard drive mistakenly discarded by IT engineer James Howells in 2013, which stores 7,500 Bitcoins worth about $750 million at current prices. The council plans to convert part of the site into a solar power generation field to supply power to the municipal electric vehicle fleet.

Lookonchain monitoring shows that six days ago, a whale withdrew 1,850 BTC from Binance at an average withdrawal price of $101,998. Eight hours ago, the same address deposited 1,850 BTC into Binance at an average deposit price of $94,963. Within six days, the address lost $13 million.

Nate Geraci, President of The ETF Store, stated on social media that Grayscale has submitted an S-3 form, planning to register its Grayscale Digital Large Cap Fund as an Exchange Traded Fund (ETF). It holds BTC, ETH, XRP, SOL, and ADA. The New York Stock Exchange has previously submitted a 19b-4 application to list and trade this ETF. Still, it is believed that index-based cryptocurrency ETFs will be approved by the end of the year (if not earlier).

Beth Hammack, a hawkish official of the Federal Reserve and president of the Cleveland Fed, stated that interest rates are not "significantly restrictive" and should remain stable for a period of time as officials wait for evidence of inflation returning to the 2% target.