ChainCatcher news, according to Jinshi reports, U.S. President Trump stated that the United States is at the forefront of cryptocurrency and next-generation financial technology. We are ending the regulatory war on cryptocurrency and Bitcoin from the previous administration.

ChainCatcher news, according to Fortune, the core entity of the blockchain storage protocol Walrus, the Walrus Foundation, announced the completion of a $140 million financing round, with Standard Crypto as the main investor. Other notable investment firms participating in this round include the crypto division of Andreessen Horowitz (a16z), Electric Capital, and Franklin Templeton's digital assets division. This financing values the total supply of the Walrus protocol's cryptocurrency (token symbol: $WAL) at $2 billion.Adam Goldberg, Managing Director and Co-founder of Standard Crypto, stated in a statement: "Previous attempts at on-chain storage have faced challenges in scalability, flexibility, and security." The Walrus protocol was developed by Mysten Labs, the creators of the Sui blockchain. Evan Cheng, Co-founder and CEO of Mysten Labs, revealed to Fortune that this $140 million financing was completed in just the past three weeks, "the market demand is very strong." This is the first round of financing for Walrus conducted by Mysten Labs.

ChainCatcher news, according to The Block, with the Trump administration taking office and Congress advancing related legislation, Coinbase has submitted multiple proposals to the U.S. Securities and Exchange Commission (SEC), calling for clarification of its regulatory authority over the cryptocurrency market.In a document released on Thursday, Coinbase outlined the steps the SEC could take, including forms of no-action relief, guidance, or clarification. Previously, SEC Commissioner Hester Peirce established a cryptocurrency working group in February and sought industry input on regulatory approaches to cryptocurrency.Coinbase made four main recommendations to the SEC:Clarify that "digital assets that do not convey any enterprise rights are not securities" and should be considered "digital commodities."Acknowledge that Congress defines "the appropriate regulatory treatment of digital assets."Clarify that "secondary market trading of digital commodities is not considered securities trading."Focus on allowing stakeholders to tokenize traditional securities.

ChainCatcher news, according to Bloomberg, the CEO of the Pakistan Crypto Council, Bilal bin Saqib, stated in an interview that the country aims to establish a clear regulatory framework to manage digital asset activities to promote the development of the local ecosystem.Saqib said, "Pakistan will no longer stand by; we want to attract international investment because Pakistan is a low-cost, high-growth market, with 60% of the population under 30 years old. We have a local workforce ready to build Web3." Saqib pointed out that he hopes to make Pakistan the cryptocurrency capital of South Asia, competing with Dubai, Singapore, and Hong Kong for leadership in the blockchain space.This legalization plan was proposed after Saqib was appointed as the chief advisor for digital asset management to the finance minister earlier this month. He will also provide advice on exploring the use of artificial intelligence to improve government efficiency, optimize decision-making processes, and drive innovation in public sector operations. Saqib said, "Trump is making cryptocurrency a national priority, and every country, including Pakistan, will have to follow suit."According to Chainalysis data, Pakistan ranks ninth globally in cryptocurrency adoption rates. Saqib mentioned in the interview that there are approximately 15 to 20 million cryptocurrency users in Pakistan.

ChainCatcher news, according to Decrypt, Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets related to market manipulation charges. Court documents cited by Law360 show that Andriunin was involved in Gotbit's actions that caused "decentralized market participants" to suffer financial "harm" as they purchased cryptocurrencies at "fraudulently inflated prices." The founder of Gotbit was extradited to the U.S. at the end of February, after being arrested in Portugal four months earlier.The plea agreement could result in Andriunin avoiding prison time and not having to pay additional fines beyond the forfeiture of assets. However, the court retains final discretion over the terms of the sentencing. The total amount of assets subject to civil forfeiture is $23 million, including stablecoins issued by Tether and Circle, held in four wallets "fully controlled" by Andriunin. Court documents indicate that Andriunin will be subject to three years of supervised release, during which he is strictly prohibited from engaging in any crypto activities.Previously, in November last year, it was reported that the U.S. Department of Justice charged Gotbit's CEO with orchestrating a large-scale scheme of false trading.

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market sector has generally risen, with the PayFi sector leading with an increase of 8.95%. Within this sector, XRP has risen by 9.91% in the last 24 hours, influenced by the SEC's decision to withdraw its lawsuit against Ripple Labs, while Telcoin (TEL) has increased by 15.30%. Additionally, Bitcoin (BTC) has risen by 3.71% in the last 24 hours, briefly rebounding above $87,000, and Ethereum (ETH) has increased by 5.25%, surpassing the $2,000 mark.Notably, MAG7.ssi has risen by 4.73%, DEFI.ssi has risen by 6.22%, and MEME.ssi has risen by 5.02%.In other sectors, the AI sector has risen by 5.72% in the last 24 hours, with Fartcoin (FARTCOIN), Arkham (ARKM), and Delysium (AGI) increasing by 25.53%, 11.84%, and 35.71%, respectively; the Meme sector has risen by 4.94%, with Dogecoin (DOGE) increasing by 5.11%; the DeFi sector has risen by 4.39%, with Chainlink (LINK) rising by 6.58% and Uniswap (UNI) rising by 7.05%; the Layer2 sector has risen by 3.10%, and the Layer1 sector has risen by 2.56%, with Solana (SOL) increasing by 7.05%; the CeFi sector has risen by 1.17%.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that the ssiPayFi, ssiDeFi, and ssiAI indices have risen the most in the last 24 hours, increasing by 9.06%, 5.74%, and 4.79%, respectively, with weekly returns of 10.11%, 12.13%, and 9.39%.

ChainCatcher news, the Federal Reserve decided to keep the policy interest rate unchanged, in line with market expectations. At the same time, it announced a significant slowdown in the pace of balance sheet reduction (QT), easing market liquidity pressures. Powell reassured investors that the risk of recession is low, the U.S. economy remains strong, and the job market is still solid.According to 4E monitoring, the Fed's dovish stance boosted risk assets, with all three major U.S. stock indices rising on Wednesday: the S&P 500 up 1.08%, the Dow up 0.92%, and the Nasdaq up 1.41%. Tech stocks led the gains, with Tesla rising 4.68% and Nvidia up 1.81%.The cryptocurrency market rebounded significantly, with Bitcoin continuing to rise to $87,453 driven by tech stocks, before slightly retreating to $85,866 at the time of writing, a 24-hour increase of 3.6%. Other major tokens also rose collectively, with Ethereum returning above $2,000, while XRP surged over 11% due to the SEC dropping its appeal against Ripple.In the forex commodities sector, the U.S. dollar index soared, but the increase quickly narrowed to 0.21% after the Fed announced its decision to hold steady; U.S. oil closed up 0.39%; spot gold prices hit a historic high during trading for two consecutive days, approaching $3,052 during Powell's press conference.Powell acknowledged at the press conference that Trump's economic policies have brought significant uncertainty to the U.S. economy, but reiterated that the Fed is not in a hurry to adjust monetary policy. The updated dot plot indicates that the Fed will cut interest rates twice this year, consistent with the forecast from December last year. At the same time, the Fed downgraded its economic growth forecast while raising its inflation expectations, showing characteristics of "stagflation."

ChainCatcher news, according to Cointelegraph, an Oobit survey shows that 70% of cryptocurrency payments in the EU region are used for retail, food, and beverage consumption, 26% for travel, 1.5% for government services and digital payments, and another 1.5% for healthcare and entertainment. The average payment amount for Oobit transactions is $8.36, with an average deposit of about $85.The report points out that the increased acceptance of digital assets in the EU and the push for crypto legislation have driven payment growth. However, 92% of payments are made through USDT, which faces challenges under the MiCA regulation effective December 30, 2024.Additionally, Oobit data complements Chainalysis research, showing that the cryptocurrency adoption rate in the Central, Northern, and Western Europe (CNWE) region has increased by 44% year-on-year, with the stablecoin market growing at a rate 2.5 times that of North America for transactions under $1 million.

ChainCatcher news, Forbes reports that three executives from Trump Media Technology Group (TMTG) have formed a new special purpose acquisition company (SPAC) aiming to raise at least $179 million to acquire businesses in the cryptocurrency, blockchain, or related industries.The company, named Renatus Tactical Acquisition Corp I, is registered in the Cayman Islands, and its leadership has close ties to Trump Media: CEO Eric Swider is a board member of Trump Media; Chairman Devin Nunes also serves as the CEO of Trump Media; COO Alexander Cano previously served as the president of the company that merged with Trump Media.According to filings with the U.S. Securities and Exchange Commission (SEC), Renatus Tactical will focus on cryptocurrency and blockchain, data security, and dual-use technologies. The company noted in its filings: "The current administration has taken unprecedented steps to incorporate digital assets into the national financial strategy."

ChainCatcher news, according to former FOX business reporter Eleanor Terrett, Trump will announce his follow-up cryptocurrency policy at the U.S. Digital Assets Summit.Previously, it was reported that Trump will attend the New York Digital Assets Summit and deliver a speech on March 20 local time.

ChainCatcher news, the three major U.S. stock indices continue to rise, with the Nasdaq up 2%, the S&P 500 up 1.53%, and the Dow up 1.25%. Cryptocurrency stocks also experienced a broad increase, including:MicroStrategy (MSTR) up 8.29%Coinbase (COIN) up 6.39%MARA Holdings (MARA) up 5.97%Riot Platforms (RIOT) up 7.16%

ChainCatcher news, according to Fortune, the crypto wallet infrastructure Privy announced the completion of a $15 million financing round, led by Ribbit Capital, with participation from Sequoia Capital, Paradigm, and Coinbase. The valuation information has not been disclosed, and the company's total financing to date has reached $40 million.According to the Web3 asset data platform RootData, Privy is an infrastructure platform that provides authentication and key management tools for Web3 applications. Through embedded wallets, account abstraction, and cross-chain interoperability, it helps developers build a seamless multi-chain network user experience.

ChainCatcher news, according to reports from Wu, Binance has issued a notice to all employees, adjusting its policy on restricting cryptocurrency investments for staff, allowing employees not in the listing team to invest in cryptocurrencies on platforms like Binance, with a limit of $5,000.Binance's internal policy previously required employees to hold cryptocurrencies for more than 90 days after purchase before they could trade. In February of this year, Zhao Changpeng stated on Twitter that due to the aforementioned policy, employees were unaware of market demand. Subsequently, this internal policy at Binance was changed as mentioned above.

ChainCatcher news, according to CoinDesk, digital asset operating platform Utila has completed a $18 million Series A funding round to expand its multi-party computation (MPC) wallet solution to meet the growing institutional demand for digital asset management. This round of financing was led by Nyca Partners, with participation from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. Since its official launch last year, the startup's total venture capital has reached approximately $30 million.Utila co-founder and CEO Bentzi Rabi stated in an interview that as payment providers, fintech companies, and emerging banks increasingly use digital assets (including stablecoins and tokenized assets) in their operations, the company's platform has experienced a new wave of demand for digital asset infrastructure. This funding will help Utila expand globally and enhance product features, including advanced gas management, API integration, and smart contract support.

ChainCatcher news, according to Sensor Tower data, as of March 18, 2025, Trust Wallet's download share in March is 35.09%, ranking first in the mainstream crypto wallet download list.It is reported that Trust Wallet has accumulated over 200 million downloads to date, with more than 15 million monthly active users, primarily distributed in regions such as Europe and the United States.