ChainCatcher news, according to OKG Research statistics, as of March 20, 2025, 18 states in the United States have advanced 33 "Bitcoin Strategic Reserve Bills." If all of the above bills are enacted and executed to the proposed limits, it could lead to a potential buying demand of up to $53.4 billion (approximately 630,000 BTC). This scale is 1.5 times the net inflow of the U.S. spot BTC ETF ($35.8 billion) and is equivalent to 1.26 times MicroStrategy's current BTC holdings.This data is based on the budgets of various states for the fiscal year 2024-2025 and only includes bills with clearly defined funding sources and limits. The estimate is based on the 20-day average price of Bitcoin at $84,634.

ChainCatcher news, according to CoinDesk, Bitcoin and other major cryptocurrencies fell more than 3% during the early Asian trading session on Friday, in line with market expectations, primarily due to profit-taking. Sean Dawson, research director at the on-chain options platform derive.xyz, stated: "In the past 24 hours, the probability of Bitcoin breaking above $100,000 before June 30 has increased from 20% to nearly 30%. Meanwhile, the probability of Ethereum staying above $2,000 before June 30 is now a toss-up—previously at 40%."Alex Kuptsikevich from FxPro remains cautious, focusing on the $80,000 support level for Bitcoin as a key observation area: "The crypto market has yet to break its 200-day moving average, currently close to $2.9 trillion. A strong breakout above this level could trigger a positive buying phase, but there is also the risk of a short setup trap, as they have done multiple times before.""It is crucial for Bitcoin to maintain momentum by staying above this key level. If this can be achieved, it may rekindle market interest in a range of tokens that have been in a correction phase for some time," he added, referring to the broader altcoin and meme coin market.

ChainCatcher news, according to on-chain analyst Ai Yi's monitoring, the BSC meme coin BUBB developers have invested only 0.31 BNB and have already made a profit of 580,000 USD, with a return rate of 3028 times.They bought 3.87% of the chips at a cost as low as 0.000004878 USD and transferred 10 million tokens to Zhao Changpeng's public donation address 27 hours ago (accounting for 1% of the total), while the remaining portion has not been sold yet.Due to He Yi's interaction with the official Twitter this morning and following, BUBB's market capitalization has surpassed 20 million USD, with a current price of $0.02111.

ChainCatcher news, Aave founder Stani.eth posted on the X platform that the community has initiated a proposal aimed at launching a new Aave staking module to facilitate AAVE buybacks and fee conversions.

ChainCatcher message, a trader spent 3,600 TRX (809 USD) to buy 46.4 million szn, and sold 12.5 million szn, earning 400,890 TRX (94,000 USD), with 33.9 million szn remaining (416,000 USD), currently achieving a return rate of 630 times.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Flash Exchange, Leverage, and Contracts will support StraitsX USD (XUSD) and Four (FORM).Among them, Binance will launch FORM 1-50x U-based perpetual contracts on March 19, 2025, at 16:00 (UTC+8).

ChainCatcher news, according to Bloomberg, Cathie Wood stated that most Memecoins may eventually become "worthless," and warned investors to be cautious.She pointed out that the combination of blockchain technology and AI is giving rise to "millions" of Memecoins, but ARK's private equity funds will not invest in these assets. Wood believes that Memecoins may evolve into "digital collectibles" in the future, with only a few able to stand the test of time, which may include the Memecoin launched by Trump.Additionally, she reiterated her bullish outlook on mainstream crypto assets like Bitcoin, Ethereum, and Solana, and expects Bitcoin to potentially exceed $1 million by 2030.

ChainCatcher news, according to Onchain Lens monitoring, a certain whale spent 971 WETH to buy 2.5 million VIRTUAL in the past 2 days, currently facing an unrealized loss of 150,000 USD.Previously, this whale also incurred a loss of 4.46 million USD in a VIRTUAL transaction.

ChainCatcher news, according to the official announcement, Binance will launch the BMT flexible product on Simple Earn on March 18, 2025, at 23:00 (UTC+8).BMT will be available for purchase on the "Buy Crypto" page within one hour after its launch on Binance Spot, and it will support zero-fee trading with tokens such as BTC and USDT in Binance Swap. Binance Margin will list BMT as a new borrowable asset on March 18, 2025, at 23:20 (UTC+8), and will open the BMT/USDT and BMT/USDC trading pairs.

ChainCatcher news, Bitfinex alpha's analysis indicates that the continuous outflow of funds from the US spot Bitcoin ETF (totaling $921.4 million last week) suggests that institutional buyers have not returned with sufficient strength to effectively offset market selling pressure. Short-term holders are also still facing net unrealized losses, which exacerbates selling pressure. These investors, especially those who bought in the past 7 to 30 days, are often the most prone to panic selling.Historically, when the inflow of new funds slows down and the trend of holding costs changes, it usually indicates that market demand is weakening. As the support strength of Bitcoin above key levels gradually diminishes, this trend becomes increasingly evident. Without new buyers entering the market, Bitcoin may enter a longer period of consolidation or even decline further due to the continued exit of weak hands.

ChainCatcher news, according to Ai Yi's monitoring and analysis, the previously tracked "hoarding SHELL new address" is indeed a market maker's buyback address.The Myshell project team previously announced that they would use 8 million USDT to buy back SHELL and complete the buyback within 90 days. Since March 13, this address has cumulatively withdrawn 18.45 million SHELL from CEX, approximately 5.43 million USD, which means 68% of the buyback progress has been completed.

ChainCatcher news, MyShell has released more details about the SHELL token buyback plan. A total of 8 million USDT generated from SHELL trading (buying and selling) has been frozen in the market maker's Binance account; these assets will be fully used for the SHELL buyback plan, which will be executed within 90 days. The buyback operation will provide stable support for the token's value and inject confidence into investors; to ensure complete transparency, all repurchased SHELL tokens will be transferred to an on-chain wallet starting with 0x8d67 after each buyback transaction.Previous news, MyShell stated that it has terminated its cooperation with the non-compliant market maker and introduced new partners, planning to conduct the SHELL buyback.

ChainCatcher news, Bitfinex has released the latest analysis report, which points out that Bitcoin fell to a low of $77,041 last week, a pullback of 29.7%, marking the second deep correction in this bull market. Meanwhile, the continued outflow of U.S. Bitcoin spot ETFs (totaling $921.4 million last week) indicates that institutional buyers do not yet have enough strength to offset the selling pressure.Historically, when new capital inflows slow down and the cost basis trend changes, it indicates that the demand environment is weakening. As Bitcoin struggles to maintain above key levels, this trend becomes increasingly apparent. Without new buyers stepping in, Bitcoin may face the risk of long-term consolidation or even further declines, as weaker buyers continue to exit their positions. A key factor to watch is whether long-term holders or institutional demand will re-emerge at lower market levels. If wealthier investors begin to absorb Bitcoin sell-offs, it could signal a shift towards accumulation, potentially stabilizing price movements and reversing market sentiment.

ChainCatcher news, according to an analysis by SignalPlus head Augustine Fan, the recent sell-off of Bitcoin has been primarily triggered by multi-strategy hedge fund trading that dominates the macro market. These multi-strategy trades include arbitrage, long-short positions, and leveraged operations, aiming to maximize returns across asset classes.In the Bitcoin market, a common multi-strategy trading method is basis trading, which involves buying spot Bitcoin (usually through ETFs) and shorting Bitcoin futures to profit from the price difference. However, when the price difference narrows or the market changes, the profits from basis trading decline, leading to capital exiting positions and concentrated sell-offs of Bitcoin and ETF shares. Fan pointed out that this liquidation pressure has amplified the sell-off over the past week, especially against the backdrop of increased volatility related to tariffs.Nevertheless, the "buying the dip" sentiment still exists in the market. Fan stated that the valuations of stocks outside the major indices remain relatively stable compared to historical averages, and hard economic data may outperform the rapid deterioration of soft data. Therefore, the market generally believes that it is still a "buying the dip" market, expecting to gradually digest the impacts of tariff volatility.

ChainCatcher message, according to Onchain Lens monitoring, a trader spent $1,155 to buy mubarak 4 days ago, with an unrealized profit of about $1.5 million.Currently, the trader has sold 7.84 million mubarak for 4.7 BNB (approximately $2,710), and still holds 13 million mubarak, worth about $1.5 million.

ChainCatcher message, Zhao Changpeng stated on Binance Square regarding the recent purchases of TST and Mubarak tokens that it was to "do some testing over the weekend."

ChainCatcher news, according to Lookonchain monitoring, a certain trader previously spent 8.55 BNB to buy 12.35 million mubarak, and has sold 2.35 million for 125 BNB, worth $74,100.Currently, he still holds about 10 million mubarak, worth approximately $452,000.

ChainCatcher news, according to on-chain analyst Onchain Lens monitoring, a certain whale invested 5,685 SOL (approximately $755,000) to purchase 18.58 million YZY tokens, causing the market cap of the token to briefly rise to $180 million.Currently, these YZY tokens are worth about $490,000, resulting in an unrealized loss of $260,000.