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.

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.

The release of 1 billion XRP by Ripple on April 3, 2025, was delayed by two days from the usual schedule, sparking questions and speculation in the market. Ripple has been following a release program since 2017, where one billion XRP is gradually released on the first day of each month to maintain liquidity on cryptocurrency exchanges. Traditionally, around two-thirds of the released coins are placed back into escrow. However, there have been recent changes in the timing and approach of the releases, with 700 million XRP being locked back into escrow before the recent release. This alteration in the schedule has raised concerns in the crypto world about Ripple's token release strategy. The XRP community reacted strongly to the news of the release, with many expressing surprise at the size and timing of the release. The release of such a significant amount of XRP, valued at over $1 billion, has raised questions about its impact on the market and speculation about Ripple's intentions and future plans for the cryptocurrency. Ripple's monthly releases of XRP are closely monitored by the crypto community for any further changes in the company's release strategy, as these could have significant implications for XRP's price and its role in the broader cryptocurrency market.

XRP (XRP) experienced a 22% price drop from March 19 to March 31, potentially establishing a local bottom at $2.02. Following this, the price rose by 9% to $2.20 before retracing to current levels. The question arises whether XRP has reached its bottom or if a deeper retracement is on the horizon. Analyst CasiTrades noted bullish divergence on various timeframes, suggesting a positive indicator for potential short-term bounces and macro recovery. Resistance at $2.25 is highlighted as a key level to watch, with a break above signaling a bullish breakout.

Jason Calacanis, an early investor in Uber and Robinhood and a well-known angel investor, wrote on X platform that Bitcoin has been monopolized by some giants in the market, and now is the best time to build a better Bitcoin. "The game needs to be restarted." However, Jason Calacanis's views seem to have sparked different opinions in the industry. Brady Swenson, co-founder of Swan Bitcoin, said that Bitcoin is a technological revolution that changes all industries, rather than following a single technology adoption curve like the iPad. Bitcoin as a value transfer protocol will never be replaced, but the competition for second-layer protocols continues.

the market shows AAVE has fallen below $150, now trading at $149.99, with a 24-hour decline of 5.68%. The market is fluctuating significantly, please manage risks properly.

 Francois Villeroy de Galhau, a member of the European Central Bank's management committee, said that the US support for cryptocurrencies and non-bank finance could trigger the next financial emergency. In an interview with the French weekly "Sunday Forum", he said: "The US may commit crimes due to negligence. Financial crises often originate in the US and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the US government is sowing the seeds of future unrest." Galhau added that European regulation is more secure and stated that there is no risk of a banking crisis in the EU.

Cango, a company listed on the New York Stock Exchange, disclosed that it has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited (EWCL), aiming to acquire 10 million shares of Class B common stock from the company's co-founder at a price to be agreed upon by both parties. In addition, the letter of intent also requires Cango's founder to voluntarily convert all remaining Class B common shares held into Class A common shares, and to resign from the board of directors and executive positions. EWCL also suggests that Cango sell its existing domestic business and is willing to introduce potential buyers to promote overseas business growth, especially its newly launched cryptocurrency mining business.

On April 3, according to CoinGecko data, the total market value of cryptocurrencies fell below $2.75 trillion, now reported at $2.747 trillion, a 24-hour decrease of 4.6%. On the day of Trump's second term inauguration (January 20), the total market value of cryptocurrencies was $3.621 trillion, and so far the total market value of cryptocurrencies has evaporated $874 billion.

The country is in the process of establishing legal frameworks for managing confiscated digital assets. The focus is on a high-profile case involving Marat Tambiev, a former official who was convicted of accepting cryptocurrency bribes. Tambiev, who previously served as the head of the Investigative Committee for the Tverskoy District, received 1,032.1 BTC in 2023, which was valued at around $28 million at the time. Despite facing difficulties in legally selling the seized Bitcoin, the government is working with other entities to develop a process for converting confiscated crypto into revenue. While Russia is progressing with its plans, it remains cautious, with Deputy Finance Minister Vladimir Kolychev stating that the country has no plans to include cryptocurrency in its national reserves due to concerns about Bitcoin's volatility and unpredictable market movements.

according to X platform, CZ has cancelled the previous Mubarak, Inshallah related elements pinned tweets.

Cryptocurrency exchange-traded products (ETPs) saw a significant sell-off last week, with outflows hitting a record $2.9 billion, marking the largest weekly decline in history. According to CoinShares, global crypto ETPs have experienced $3.8 billion in outflows over the past three weeks. The sell-off was influenced by various factors such as the $1.5 billion Bybit hack, hawkish comments from the US Federal Reserve, and a 19-week streak of inflows totaling $29 billion. Bitcoin suffered the most outflows, while Sui saw the highest inflows among ETPs last week. ETPs based on XRP also experienced significant inflows. Ethereum ETPs witnessed $300 million in outflows, despite monthly inflows reaching $490.3 million. The total assets under management in crypto ETPs dropped to $138.8 billion after peaking at $173 billion in January. This is an ongoing story, and more updates will be provided as they become available.

<br>On April 2nd, according to Decrypt, Ted Cruz, a Republican senator from Texas, officially introduced the "Facilitate Lower Atmospheric Released Emissions" (FLARE) Act on March 31st, aiming to convert waste natural gas that would have been burned or emitted into electricity for Bitcoin mining.

On March 16th, it was reported that with the establishment of Jsquare's first LP fund in the United States, the industry has also shown a high level of interest in Jsquare's secondary proprietary funds. Joanna, the Founding Partner of Jsquare, stated in X, "Currently, we not only have the recently announced new first LP fund, Jsquare Pioneer Fund I, but will also be active in the coming months. We also have our own liquid fund, which includes holdings of various DeFi Tokens, among others. Due to trading on exchanges, the holdings prices cannot be clarified immediately to all KOLs. We hope for your understanding that withdrawal prices do not equal holding prices."

April 3rd news, StakeStone has opened the STO token airdrop application, with a deadline of 30 days.

On March 16th, Union interoperability protocol announced that the early draft of the Union token economics was leaked through Union Notion. The draft was created before Union Labs' Series A financing. Since then, there have been significant changes, and the document no longer represents the current thinking on Union token economics. No decisions have been made on any matters related to token economics at this time. The Union token economics team is continuously researching best practices from other projects and adjusting plans to provide the best service for the Union community in the long term.

according to on-chain analyst @ai_9684xtpa monitoring, CZ spent 1 BNB each in the past 15 minutes to buy 9161 TST and 20155 mubarak, worth $1200; as a result, both TST and mubarak saw different degrees of increase.

On March 3rd, according to the official announcement of Huobi HTX, Huobi leverage has added AB assets and trading at 18:00 on March 3rd (UTC+8). The specific newly added isolated margin trading pairs are: AB/USDT (10X). Currently, AB/USDT spot trading has been launched on Huobi HTX.