Coinbase may merge with traditional exchanges, ICE may be a potential target
Last week, Trump announced that Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in the US strategic reserves of cryptocurrencies. Wall Street has begun to pay attention to Coinbase and mainstream US stock exchanges. Analysis believes that if Coinbase can merge with traditional exchanges, it will be able to create a company that is both professionally knowledgeable and influential in the industry, thereby dominating the current fragmented cryptocurrency market. The ability of large US exchanges to make this deal happen, it is rumored that Intercontinental Exchange (ICE) may be a potential target. The exchange has a market value of up to $100 billion, with a P/E ratio of 36. Its CEO Jeffrey Sprecher's wife, Kelly Loeffler, is a member of the Trump administration. If large investors push for a top exchange to acquire Coinbase, the new company will be able to maximize investment returns as cryptocurrencies gradually move from the financial frontier to mainstream.
2025-03-05 17:04:11
Binance will open RED spot trading at 21:00 on March 6
Binance will end RedStone (RED) pre-trading at 17:00 on March 6, 2025 (Beijing time) and officially open five spot trading pairs RED/BTC, RED/USDT, RED/USDC, RED/FDUSD, and RED/TRY on the same day at 21:00, and add seed tags.
2025-03-05 17:04:10
AAVE breaks above $220
The market shows AAVE broke through $220, now at $220.07, with a 24-hour increase of 26.22%. The market is volatile, please manage risks.
2025-03-05 17:04:08
More than 95.25 million XRP were transferred from OKX to an unknown wallet, worth about $236 million
According to Whale Alert monitoring, 95,254,697 XRP (approximately $236 million) was transferred from the cryptocurrency exchange OKX to an unknown wallet at 16:37.
2025-03-05 17:04:07
Ninety Eight announces layoffs, more than 20% of employees affected
Ninety Eight (formerly Coin98 Finance) founder Thanh Le announced layoffs, with over 20% of employees affected. In addition, the company will focus its resources on core products, with the Coin98 wallet being a top priority.
2025-03-05 16:02:43
Whales bought 180 million DOGE in the past 24 hours
According to on-chain analyst @ali_charts monitoring, whales bought another 180 million DOGE in the past 24 hours.
2025-03-05 16:02:42
The New York Times: Trump himself may be the winner of the crypto strategic reserve
According to an analysis by The New York Times, Trump himself or his family's cryptocurrency projects have spent millions of dollars buying cryptocurrencies, and some of these tokens may be included in the US strategic reserves. Cornell University economist Eswar Prasad added, "Trump's cryptocurrency strategic reserves are not rational or strategic, they are just good news for Bitcoin holders at this stage, but definitely a bad thing for taxpayers."
2025-03-05 15:02:00
Japanese Investment Firm Metaplanet Buys $44 Million Worth of Bitcoin, Stock Jumps 19%
Japanese investment firm Metaplanet has purchased an additional $44 million worth of Bitcoin, resulting in a 19% increase in its stock price for the day. Metaplanet CEO Simon Gerovich revealed in a post on March 5 that the firm acquired 497 Bitcoin at an average price of $88,448 per coin, totaling $43.9 million. The company now holds a total of 2,888 BTC with an average purchase price of $84,240 per coin, valued at around $251 million. Despite a recent 8.5% drop in Bitcoin's price, Metaplanet's stock on the Tokyo Stock Exchange rose by 19% on March 5, trading at approximately 3,985 Japanese yen ($26.60). This marks Metaplanet's second Bitcoin purchase this week, with plans to accumulate 21,000 BTC by 2026 as part of its strategy to lead Japan's Bitcoin renaissance.
2025-03-05 15:01:58
Circle CEO: US dollar stablecoin can expand the United States' influence around the world
According to FOX Business, as the first White House cryptocurrency summit in history is set to take place later this week, investors are focusing on any policy developments regarding cryptocurrency reserves. Circle, the stablecoin issuer, co-founder and CEO Jeremy Allaire is confident about the future of digital currencies, believing it will become a "superpower" and bring "profound" impact. "The US dollar stablecoin can expand America's influence globally," Jeremy Allaire said.
2025-03-05 15:01:57
Foundation Capital launches $600 million new fund to invest in AI, crypto and other fields
Foundation Capital announced the launch of its 11th flagship fund with a size of $600 million, aimed at investing in the fields of artificial intelligence, financial technology, and cryptocurrency. It is reported that Foundation Capital is an investor in AI chip company Cerebras and also the first institutional investor in blockchain platform Solana. The new fund is expected to not adopt a multi-stage, multi-region, multi-strategy approach, but rather continue to focus on finding investment opportunities in the early stages.
2025-03-05 15:01:57
Initia's official X account posted "March.", possibly hinting at the upcoming TGE in March
On March 5th, Initia's official X account posted "March.", hinting at a possible TGE in March.
2025-03-05 15:01:55
CZ releases Trust Wallet upgrade: Bitcoin Swap upgrade, CA search support, etc.
Binance co-founder CZ disclosed the upgrade of Trust Wallet on X platform, mainly including: support for XRP Ledger and Snoic blockchain, upgrade of Bitcoin Swap, ETH hardware wallet, and CA search. In addition, CZ also revealed that the current download volume of Trust Wallet has reached 197 million times.
2025-03-05 15:01:55
izebel.eth recently bought AAVE, MKR and other tokens, with a total value of approximately US$9.2 million
According to Lookonchain monitoring, izebel.eth (@izebel_eth) recently bought 20,000 AAVE tokens ($4.25 million), 2,000 MKR tokens ($2.75 million), 3 million ENA tokens ($1.1 million), 80 million OX tokens ($741,000), and 200,000 MORPHO tokens ($354,000).
2025-03-05 15:01:53
Stables Labs’ stablecoin sUSDX is now available on Pendle, with up to 15% APR and S Points
According to official sources, Stables Labs stablecoin sUSDX has been listed on Pendle, offering up to 15% APR and S points.
2025-03-05 14:02:47
Crypto 'Godfather' Adam Iza's ex-girlfriend pleads guilty to $2.6 million tax fraud
According to Decrypt, Iris Ramaya Au, the former girlfriend of cryptocurrency entrepreneur Adam Iza, nicknamed "The Godfather," has agreed to plead guilty and admit to federal tax fraud charges. Au admitted to not reporting over $2.6 million in illegal income to the Internal Revenue Service between 2020 and 2023. She used shell companies and illegal funds to maintain a luxurious lifestyle for herself and Iza, including purchasing luxury cars, real estate, and cryptocurrency. According to the statement from the United States Attorney's Office for the Central District of California, Au now faces up to 3 years in federal prison.
2025-03-05 14:02:44
MARA to deploy Immersion S21 Pro miners in Ohio, enabling an additional 2.5 EH/s of hashrate
According to The Miner Mag, the Bitcoin mining company MARA is about to deploy an additional 2.5 EH/s of computing power in Ohio. The company is "on the verge of completing" the construction of a 40-megawatt (MW) data center in Ohio, with plans to install over 10,000 Immersion S21 Pro mining machines.
2025-03-05 13:04:20
A whale is shorting the ETH/BTC exchange rate pair, depositing 2219 cbBTC into Aave and borrowing ETH
According to Lookonchain monitoring, a whale is shorting the ETH/BTC exchange rate. This whale withdrew 2770 cbBTC (243 million US dollars) from Coinbase, deposited 2219 cbBTC (194.6 million US dollars) into Aave, and borrowed 45,441 ETH (99 million US dollars).
2025-03-05 13:04:19
SlowMist: A critical vulnerability was found in the elliptic encryption library, which may lead to private key leakage
SlowMist security team revealed a critical vulnerability in the widely used elliptic encryption library (GHSA-vjh7-7g9h-fjfh). Attackers can extract private keys with just one signature by constructing specific inputs, which could lead to the theft of digital assets or identity credentials. This vulnerability may affect blockchain applications and digital identity systems that rely on this encryption library.
2025-03-05 13:04:17
A whale deposited $250 million in BTC into the Aave protocol and borrowed ETH to short the ETH/BTC trading pair
According to on-chain analyst Lookonchain (@lookonchain), a whale is shorting the ETH/BTC trading pair. The whale withdrew 2,770 cbBTC (approximately $243 million) from Coinbase, then deposited 2,219 cbBTC (approximately $194.6 million) into the Aave protocol, and borrowed 45,441 Ethereum (approximately $99 million).
2025-03-05 13:04:15
Delta Prime hacker transfers 310 ETH to Tornado Cash
According to PeckShield monitoring, Delta Prime hackers transferred 310 ETH to Tornado Cash. Delta Prime suffered a hacker attack in November 2024, losing about $4.8 million.
2025-03-05 13:04:13