ChainCatcher news, according to FOX Business reporter Eleanor Terrett, the Federal Deposit Insurance Corporation (FDIC) is removing "reputational risk" from its regulatory standards.The Federal Deposit Insurance Corporation is following the lead of the Office of the Comptroller of the Currency by eliminating this factor. Previously, this factor had been used to justify the withdrawal of banking services from legitimate businesses, including cryptocurrencies.

ChainCatcher news, security issues remain the biggest barrier to mainstream adoption of cryptocurrency payments. According to a survey conducted by Bitget Wallet of 4,599 users, over 37% of investors believe that security risks are the main obstacle to using cryptocurrency for payments. Nevertheless, 46% of users stated that they prefer crypto payments over fiat payments because crypto payments are faster and more efficient.

ChainCatcher news, according to SoSoValue data, the encrypted sector has risen broadly, with the Meme sector leading for two consecutive days, and the AI sector increasing by over 6%. Among them, the Meme sector has seen a 24-hour increase of 7.18%, with Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) rising by 6%, 8.24%, and 10.10% respectively. The AI sector rose by 6.15%, with Bittensor (TAO), Render (RENDER), Fetch.ai (FET), and Worldcoin (WLD) increasing by 4.92%, 8.20%, 7.21%, and 12.25% respectively.In addition, Bitcoin (BTC) rose by 1.78%, breaking through $88,000 at its peak, while Ethereum (ETH) increased by 4.04%, returning above $2,000. Notably, MAG7.ssi rose by 3.17%, DEFI.ssi increased by 4.46%, and MEME.ssi rose by 6.91%.In other sectors, the RWA sector rose by 5.72% in 24 hours, with Pendle (PENDLE) increasing by 9.66%; the DeFi sector rose by 5.15%, with Ethena (ENA) increasing by 7.38%; the Layer2 sector rose by 3.95%, with Arbitrum (ARB) and ImmutableX (IMX) increasing by 7.16% and 7.39% respectively; the Layer1 sector rose by 3.58%, with Sonic (S) increasing by 11.69%; the CeFi sector rose by 2.32%, with Cronos (CRO) increasing by 23.36%; and the PayFi sector rose by 1.28%.The cryptocurrency sector index reflecting historical market trends shows that the ssiMeme, ssiRWA, and ssiAI indices had the highest increases in 24 hours, rising by 7.52%, 6.62%, and 6.04% respectively.

ChainCatcher news, Trump plans to take a more targeted approach to the "reciprocal tariffs" set to launch on April 2, alleviating market concerns that the escalation of his trade war could worsen inflation and drag down the economy. Meanwhile, the U.S. services PMI rebounded, driving an overall improvement in PMI. The positive news boosted U.S. stocks across the board, with the S&P 500 rising 1.76%, the Dow up 1.42%, and the Nasdaq climbing 2.27%. Major tech stocks generally strengthened, with Tesla soaring over 11.9%, marking the largest single-day gain since the day after the election.The recent trend in the cryptocurrency market has aligned with U.S. stocks. Strategy boosted market confidence by purchasing 6,911 bitcoins for $584.1 million last week. Bitcoin surged yesterday, reaching as high as $88,765 after the U.S. stock market opened, and has slightly retreated to $87,030 at the time of writing, with a 24-hour increase of 1.7%. Among the top ten mainstream coins, SOL showed even stronger gains, currently reported at $140 with a rise of 5.17%. Most sectors in the market rose, with the Meme sector leading with a 7% increase.In the forex and commodities sector, investor concerns over Trump's tariff plan on April 2 have eased, with the dollar index up 0.25% and U.S. oil rising 1.2%; the strengthening dollar, combined with gold prices at historical highs, led investors to take profits, resulting in a 0.30% drop in spot gold.Trump will soften his aggressive stance on imposing tariffs on trade partners, while other macroeconomic indicators have also pointed in a more favorable direction over the past few days, lifting market optimism. Investors are currently closely monitoring Trump's latest "reciprocal tariffs" plan to assess its potential impact on economic growth and inflation.

ChainCatcher message, when asked about regulatory issues, SEC Commissioner Hester Peirce stated that the crypto industry needs "clear and reasonable boundaries of regulatory authority."

ChainCatcher news, according to official news, stablecoin issuer Circle announced that USDC will be listed on March 26 on the cryptocurrency exchange SBI VC Trade, which is under SBI Holdings in Japan.In addition, Binance Japan, bitbank, and bitFlyer also plan to list USDC in the near future.

ChainCatcher message, Swiss blockchain analytics company Global Ledger indicates that a large amount of off-chain and on-chain data suggests that the sanctioned Russian cryptocurrency exchange Garantex may have been renamed to Grinex. Both on-chain and off-chain data show a clear connection between the two exchanges, with Grinex being the direct successor of Garantex.

ChainCatcher news, according to a memorandum submitted to the U.S. Securities and Exchange Commission (SEC) by the crypto regulatory service provider CoinRegTech, the company suggests that the SEC should clarify that digital asset securities trading, whether "on-chain" or "off-chain," should adhere to the same trading reporting requirements as standard securities.CoinRegTech also提出三项关键建议：The SEC should address investor protection issues arising from off-chain trading on trading platforms;Revise the Securities Exchange Act rules to require timely reporting of all digital asset securities transactions;Jointly authorize and regulate a Digital Asset Trading Repository (DART) with the Commodity Futures Trading Commission (CFTC) to record all transactions and customer ownership information.The memorandum is a response to the SEC's public request for comments on the cryptocurrency 2.0 working group, aimed at advancing the mission of protecting retail investors, providing legal certainty, and promoting financial innovation.

ChainCatcher news, Bernstein analysts stated that as exchanges and broker/dealer models begin to merge, the crypto industry is moving towards a more integrated "one-stop" multi-asset investment platform. For example, Coinbase is in deep negotiations to acquire Deribit, Kraken is about to acquire NinjaTrader, and Robinhood is integrating Bitstamp.Analysts noted that Deribit's BTC and ETH options market has a monthly trading volume exceeding $10 billion, accounting for about 70% of the market share, while the monthly trading volume of cryptocurrency futures is around $4.5 billion. The acquisition of Deribit by Coinbase will enable it to expand into the derivatives space, particularly in options, and will compete with Binance in the international crypto derivatives market.

ChainCatcher news, the encrypted asset data platform RootData has announced a strategic partnership with the well-known crypto media TechFlow. Both parties will focus on API integration, content flow, and other aspects, jointly committed to providing users with higher quality services.By utilizing RootData's API, TechFlow will showcase project introductions, team members, investors, and other information on its website, helping readers gain a more intuitive understanding of the project background. At the same time, RootData will integrate TechFlow's news report links in the news module of its project page, enriching the diversity and timeliness of its news information.

ChainCatcher news, according to Cryptonews, Thai police have arrested two Chinese citizens suspected of cryptocurrency fraud and kidnapping. The police arrested 27-year-old Wu Di (phonetic) and her boyfriend 29-year-old Zhou Zongyong (phonetic) at a luxury villa in Pattaya.Investigations show that Wu Di lured victims to invest in a fictitious Singapore dollar investment fund through Facebook, defrauding over 600 million Thai baht (approximately 17.7 million USD) in just the past two months. The scammers used "puppet accounts" to temporarily hold the funds, which were then converted to USDT through P2P transactions on Binance and other Thai digital asset exchanges, before being transferred to Wu Di's digital wallet registered in Cambodia.Police also discovered that Zhou Zongyong was involved in the kidnapping of a Chinese woman in Cambodia and demanded a ransom; the woman is currently still missing. Thai police stated that the couple will first undergo legal proceedings in Thailand and will then be handed over to Chinese authorities for prosecution under Chinese law.

ChainCatcher news, according to Financefeeds, eToro has announced that users in the UK and Europe can now transfer cryptocurrency assets held in other exchanges, brokers, or other blockchain wallets to the eToro crypto wallet, and convert the cryptocurrency assets they hold into cash for trading and investing across multiple asset classes on eToro's investment platform.Eligible eToro users holding BTC or ETH in external wallets or exchanges can transfer these cryptocurrency assets to their eToro crypto wallet and exchange them for local currency in their GBP or EUR accounts.

ChainCatcher news, according to Cointelegraph, the learning-to-earn platform Dohrnii Labs has filed a report with the police in the United Arab Emirates, accusing the local cryptocurrency exchange Blynex of unauthorized liquidation of its tokens and failing to provide the promised loan.According to the statement, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens into Blynex, worth over $500,000. On March 23, the company stated that it used 8,650 of those tokens as collateral for a 30-day loan in exchange for 80,000 Tether's USDT. Dohrnii claims that the exchange never delivered the USDT.Additionally, the team stated that Blynex liquidated its entire position of 8,650 DHN on Uniswap, obtaining 149,151 USDT, which led to a decrease in the market value of the tokens. The company reported that attempts to withdraw the remaining 4,000 DHN tokens were unsuccessful.

ChainCatcher news, according to Globe Newswire, one of the world's largest cryptocurrency exchange-traded product (ETP) issuers, 21Shares AG, announced the listing of three leading ETPs on the Stockholm Nasdaq, further expanding its business presence in Europe.The newly listed products include 21Shares Bitcoin Core ETP (CBTC), 21Shares Solana Staking ETP (ASOL), and 21Shares XRP ETP (AXRP).According to reports, 21Shares currently manages assets exceeding $7.5 billion and has been listed on 11 major exchanges, including Nasdaq, Euronext Amsterdam, and the Swiss Stock Exchange.

ChainCatcher news, Ark Invest CEO Cathie Wood stated that the U.S. has fallen into a "rolling recession" (with different industries experiencing recession in rotation).In an interview with Bloomberg, she said, "We believe we are in a rolling recession, and in fact, we will see some quarters of negative growth, as the velocity of money is collapsing." She predicts that the collapse of money velocity will trigger 1-2 quarters of negative growth in the U.S. economy, which will prepare for tax cuts from the Trump administration and interest rate cuts from the Federal Reserve.Despite her pessimistic outlook on the short-term prospects of the U.S. economy, Wood revealed that Ark Invest has recently been counter-cyclical in buying assets related to cryptocurrencies, such as Tesla, Coinbase, and Robinhood, firmly believing that "technological disruption will lead to healthy deflation."It is worth mentioning that in early March, Wood stated at the Bloomberg Investment Conference in New York that the U.S. economy was at the end of a "three-year rolling recession," after which the U.S. stock market would soar. However, she now seems to have changed this view.

ChainCatcher news reports that, according to 4E monitoring, last week the Federal Reserve's dovish remarks and Trump's statements about flexibility in the reciprocal tariff plan alternately boosted confidence in the U.S. stock market. After significant fluctuations, the three major indices collectively closed higher for the week: the Dow Jones increased by 1.2%, marking the largest weekly gain in over two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq slightly increased by 0.17%, halting a previous four-week decline. However, large tech stocks generally closed lower for the week, with Nvidia down 3.26%, Tesla down 0.53%, marking its ninth consecutive week of decline.The cryptocurrency market experienced fluctuations but overall showed a mild upward trend. Bitcoin rebounded after dipping near $81,000 on Tuesday, and on Thursday, driven by the Federal Reserve's dovish remarks, it surged above $87,000, reaching a new high in half a month, before oscillating mainly in the $84,000 range. This morning saw another wave of rapid increases, reporting $85,721 before the deadline, up 3.18% over the past seven days. Other major tokens mostly showed slight increases, with Ethereum striving to stabilize above $2,000, and the meme craze on the BNB chain continuing to attract attention. Signs of market recovery are gradually emerging, and investor sentiment has improved.In the forex and commodities sector, the dollar index rose by 0.34% for the week, marking its first weekly increase this month. The ongoing Russia-Ukraine conflict and the situation in the Middle East continue to escalate, with crude oil rising over 2% for two consecutive weeks. Spot gold increased by 1.31% last week, marking three consecutive weeks of gains.Last week, the Federal Reserve maintained interest rates, in line with market expectations, with guidance for two rate cuts remaining for the year, and Powell's remarks provided some comfort to the market. This week, attention will focus on the PCE price index, the Federal Reserve's preferred inflation indicator, to be released on Friday. Additionally, as the "tariff deadline" on April 2 approaches, uncertainty keeps the market cautious. However, once the tariff outlook becomes clearer, the prolonged market turbulence may subside.

ChainCatcher news, according to DefiLlama data, PancakeSwap's revenue in the past 24 hours reached $3.45 million, ranking third in the crypto revenue leaderboard, while Tether and Circle ranked first and second with 24-hour revenues of $18.37 million and $6.25 million, respectively.In contrast, Uniswap's revenue in the past 24 hours was only $122,928, while the Ethereum mainnet's revenue during the same period was $381,599.

ChainCatcher news, according to News.bitcoin, the U.S. Department of Justice (DOJ) announced on March 21 that $7 million in proceeds from a cryptocurrency investment fraud scheme has been recovered, and victims are now being invited to submit petitions to have the funds returned.Authorities stated: "These fraudulent websites mimic legitimate cryptocurrency investment platforms, but they funneled victims' funds to the perpetrators through more than 75 bank accounts opened in the names of shell companies." Victims were misled into believing that the value of their investments was increasing, but in reality, the profits were fabricated.After laundering the funds through a series of complex domestic and international transactions, the criminals ultimately transferred the money overseas. In June 2023, the U.S. Secret Service seized funds from a foreign bank account, prompting the DOJ to file a civil forfeiture lawsuit.After a claim was made by the foreign bank, both parties reached a settlement, resulting in the $7 million being forfeited to the United States.