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Pharos, a Layer 1 public chain focused on traditional finance (TradFi), launched its public testnet on March 6, calling on developers to build and conduct stress tests on its EVM-compatible Layer 1. Founder Alex Zhang and the team previously worked at well-known companies such as Ant Chain and Solana. In November 2024, Pharos completed an $8 million seed round financing led by Lightspeed Faction and Hack VC, with participation from institutions like SNZ Capital.

The top three Meme coins in the BSC ecosystem by trading volume in the past 24 hours are mubarak, BUBB, and $BANANA. Among them, mubarak has a trading volume of $35.8 million, a market capitalization of $159 million, and a rise of 21%; BUBB has a trading volume of $14.1 million, a market capitalization of $15.4 million, and a fall of 33%; $BANANA has a trading volume of $10 million, a market capitalization of $55.6 million, and a fall of 0.43%.

On March 24, according to Coinglass data, Bitcoin volatility has risen to 3.65% today, reaching the highest point since late August last year. The continuous increase in Bitcoin volatility reflects to some extent: the current increase in market uncertainty and insufficient liquidity. For traders, high volatility means more profit opportunities, but the risks are also greater. Additionally, extreme fluctuations may signal a trend reversal or adjustment.

On March 24th, according to relevant pages, BANANAS31, SIREN, and Broccoli (CZ's Dog) are currently ranked in the top three on the CEX voting list for new coins.

The White House plans to reduce the scope of tariffs in April, taking more targeted measures to implement "reciprocal tariffs" only on countries with trade imbalances, easing market sentiment. Although tariffs do not directly affect encryption asset prices, the market is sensitive to the macro uncertainty brought about by Trump's trade policies. At the same time, The Federal Reserve (FED) is slowing down the pace of balance sheet reduction to alleviate market liquidity pressures. Grayscale stated that policy uncertainty has led investors to drop their risk exposure, affecting Bitcoin.

ARK Invest founder Cathie Wood stated that the United States is facing a rolling recession and holds a pessimistic view of the economic outlook. She pointed out that the tariff policies of the Trump administration and the wave of layoffs are causing families to tighten their spending, leading to a decline in consumption. Cathie Wood believes that technological disruption will bring about beneficial deflation, recently investing in Crypto Assets related to encryption.

The cumulative clearing intensity of short orders and long orders on mainstream CEX exchanges was 316 million and 207 million respectively when the Bitcoin price broke through $89,000 and fell below $85,000. The clearing chart shows the extent to which the underlying price will be affected when it reaches a certain position, with higher clearing bars indicating a stronger reaction when the price reaches that point.

Last Saturday, the daily number of ETH burned on the Ethereum network reached a historic low of only 53.07 coins, worth approximately $106,000. The EIP-1559 change simplified the transaction fee process, requiring the burning of ETH used to pay for the base transaction fee, which dropped the inflation pressure and could make Ethereum a deflationary asset. Active address and network activity data are also showing a downward trend.

On March 24, Kyle, the head of CEX Web3 products, posted on social media, "CEX Wallet independent App has been listed on the Google Store, you can search and download it, the listing on the APP Store is under review."

CZ opened a mubarak long order with 0.04 BNB at 24.7x leverage on the APX Finance platform, and the trade has concluded. According to on-chain analyst @ai_9684xtpa's monitoring, APX rose by 26%, and mubarak increased by 5.5%.

The Bank of Korea will launch a comprehensive wholesale test of the Central Bank Digital Currency (CBDC) on April 1, with participants including 100,000 consumers and 7 major banks. The test will allow consumers to use deposit tokens to purchase goods and services online and in physical stores, and it will last until the end of June.

Lisa Gordon, chair of the British investment bank Cavendish, suggested taxing the purchase of Crypto Assets to promote investment in the UK stock market and proposed introducing a Crypto Assets transaction tax similar to the stock stamp duty. She believes this would help support innovative companies and economic development in the UK, pointing out that most young people hold Crypto Assets rather than stocks, emphasizing that the contribution of Crypto Assets to the economy is limited and that funds need to be guided towards areas that are more beneficial for economic rise.

The U.S. government has discovered a social engineering scam involving deceiving victims into transferring money to a fake Crypto Assets investment platform. Victims were forced to transfer money multiple times, totaling 7 million dollars. The U.S. Secret Service recovered some of the funds and ultimately reached an agreement with the bank involved to return the 7 million dollars to the victims.

On March 24, according to Alternative data, today's Crypto Assets Fear and Greed Index is 45 (yesterday it was 30), indicating a significant alleviation of market fear. Note: The fear index threshold is 0-100, including indicators: Fluctuation (25%) + Market volume (25%) + Social media popularity (15%) + Market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

An on-chain analyst discovered that "a whale/institution withdrew 2 million AUCTION from CEX" and eventually transferred the remaining 200,000 AUCTION back to CEX, totaling a value of 4.9 million USD. Additionally, "a whale/institution withdrew 26% of the total amount" and transferred 1.5 million AUCTION to CEX in just 10 hours, valued at 49.88 million USD. Meanwhile, the project party address also transferred 359,000 AUCTION to multiple exchanges within a few hours, valued at 20.48 million USD. Overall, 1.859 million AUCTION flowed into CEX, accounting for 24.3% of the total amount, causing the AUCTION price to fall from 57 USD to 23 USD, a drop of 60%.

[Two Bounce multi-sig addresses deposited 1.55 million AUCTION into Team Finance and locked it] According to on-chain analyst @ai_9684xtpa, four hours ago, two Bounce Finance multi-sig addresses deposited a total of 1.55 million AUCTION into Team Finance and locked it (accounting for 23.5% of circulating tokens), approximately 37.73 million USD, locked until September 1, 2025.

According to The Block data, the amount of ETH destroyed on the Ethereum network has reached a historic low, indicating a decrease in demand for Ethereum block space. EIP-1559 simplified the transaction fee process, requiring the destruction of ETH to drop inflation, potentially making Ethereum a deflationary asset. The number of active addresses and transaction data have also declined.

The BlackRock BUIDL Fund's capital deployment on Ethereum has exceeded $1 billion, primarily focusing on the tokenization of real-world assets and making diversified investments. At the same time, the number of addresses holding 1,000-10,000 ETH has risen by 5.65%, and the number of addresses holding 10,000-100,000 ETH has risen by 28.73%.

On March 23, possibly influenced by the "Trump advocate TRUMP" news, TRUMP temporarily rose over 12%, currently reported at 12.15 USD, with a market capitalization of 2.195 billion USD.

On March 23, according to EmberCN monitoring, the MyShell.AI team has repurchased 20.95 million SHELL from CEX since March 13, amounting to approximately 5.84 million (, with the buyback progress completed at about 73%. Additionally, according to market data, SHELL has fallen by 8.39% in the last 24 hours, currently priced at 0.2742 USD, with a 7-day decline of 11.29%.