Open networks are revolutionizing the dynamics of blockchain ecosystems. Stellar is recognized for enabling cost-effective cross-border payments, while meme-based tokens like PEPE thrive on community support and cultural relevance. Both have gained momentum in their respective niches. On the other hand, BlockDAG takes the concept of unrestricted participation to the next level by offering a testnet where individuals can freely develop, mine, or test without constraints. With a presale that raised over $210 million and a 2,380% ROI since the first batch, BlockDAG provides a scalable, high-performance alternative that emphasizes accessibility and user-driven growth.

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.

In a significant development, Hut 8 has decided to exchange most of its ASIC miners for an 80% stake in American Data Centers, Inc., now rebranded as American Bitcoin. The company, backed by Eric Trump and Donald Trump Jr., aims to become the world's largest and most efficient Bitcoin miner. Eric Trump, serving as Chief Strategy Officer, views the partnership as a crucial step forward in the Bitcoin mining sector, combining operational expertise with a shared vision for the future of Bitcoin. Donald Trump Jr. highlighted the enduring value of mining Bitcoin, stating that mining presents a significant opportunity beyond simply buying the cryptocurrency. Hut 8's CEO, Asher Genoot, explained that by creating a separate entity for mining operations, each segment can operate with its own financial structure to drive growth and enhance capital allocation efficiency. The leadership team at American Bitcoin includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer, with the Board of Directors featuring key figures from both Hut 8 and American Bitcoin. Hut 8 will continue to provide exclusive ASIC colocation and management services for American Bitcoin under a shared services agreement, ensuring stable and sustainable revenue for both entities. This change will see Hut 8's mining operations operating under the American Bitcoin brand within Hut 8's Compute segment, maintaining its role as the exclusive infrastructure and operations partner for American Bitcoin.

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.

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.

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.

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.

Klarna's upcoming public offering has sparked speculation about which venture-backed fintech startups could be next in line for an IPO. While there is a substantial pipeline of potential candidates, many well-known companies have yet to make the leap to the public markets. Using Crunchbase's forecasting tools, we have identified a dozen financial services startups generating interest as potential IPO contenders. Stripe and Chime stand out as the most heavily funded, with Stripe holding the highest private fintech valuation and Chime reportedly taking steps towards an IPO. Additionally, the list includes international companies like Australia's Airwallex and Jakarta-based unicorns Akulaku Group and Xendit, indicating a diverse range of potential IPO candidates in the fintech sector.

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.

Last week, cryptocurrency exchange-traded products (ETPs) saw a modest increase in inflows, marking a reversal from a period of outflows. According to CoinShares, global crypto ETPs received $226 million in inflows during the last trading week, following the previous week's $644 million. Despite this positive trend over the past two weeks, the total assets under management (AUM) continued to decrease, falling below $134 million by March 28. The increase in inflows last week indicates cautious optimism among investors, with Bitcoin leading the way in attracting investments. Altcoins also saw their first week of inflows after a series of outflows, with Ether, Solana, XRP, and Sui receiving notable amounts. Despite recent inflows, the total AUM of crypto ETPs has not seen a significant increase, dropping to its lowest level in 2025 due to a decline in cryptocurrency prices. Since January 1, 2025, the price of Bitcoin has decreased by 13.6%, while the total market capitalization has fallen by nearly 20%.

according to Arkham data, the North Korean hacker group Lazarus Group transferred 12.929 BTC to an unknown address 27 minutes ago. The latest data shows that Lazarus Group's BTC holdings have dropped to 13,440 coins, worth approximately 1.16 billion US dollars.

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.

A new venture backed by several members of US President Donald Trump's family is aiming to become the world's largest Bitcoin mining firm. Hut 8, a digital asset mining company, announced on March 31 that it is acquiring a majority stake in American Bitcoin, previously known as American Data Center. The firm, founded by investors including Trump's sons, Donald Trump Jr. and Eric Trump, will take ownership of Hut 8's Bitcoin mining hardware. The goal of the new venture is to become the most efficient pure-play Bitcoin miner globally while building a strong strategic Bitcoin reserve, operating under the American Bitcoin brand. Hut 8 CEO Asher Genoot sees the launch of American Bitcoin as a strategic shift that will lead to more predictable and lower-cost-of-capital segments, focusing on exahash growth and Bitcoin production.

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

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."

D-Wave, a quantum computing company, announced that its annealing quantum computer has surpassed one of the world's most powerful traditional supercomputers in solving complex magnetic material simulation problems, marking a significant breakthrough for quantum computing in real-world problems.

spot gold returned above $3050/ounce, hitting a one-week high and rising more than 1% during the day.