ChainCatcher news, according to Cointelegraph, with the release of PCE data, Bitcoin prices have rebounded, and optimism is growing regarding a potential easing of macroeconomic conditions next month.Julien Bittel, head of macro research at Global Macro Investor, stated that the macro environment could have a positive impact on Bitcoin, bringing good news for bulls. He said, "When financial conditions tighten, liquidity dries up, and economic surprises begin to slow down. The 'panic' affecting the market will not last long, and everything will reverse next month."In the past two months, financial conditions have rapidly improved—USD has fallen, bond yields have decreased, and oil prices have dropped—laying the foundation for a recovery in the cryptocurrency market.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform revealing that two insiders said the U.S. SEC's cryptocurrency working group will hold a series of roundtable meetings with industry participants, themed "Spring Sprint Towards Crypto Clarity."The first session is scheduled for March 21, to be held at the SEC office in Washington, D.C., and the topic of the first meeting may be "Defining the Status of Security."

ChainCatcher news, according to Bitcoin.com, the European Central Bank (ECB) recently revealed that it is assessing the impact of a more deregulated cryptocurrency ecosystem on financial markets.In a memorandum from the January monetary policy meeting, the ECB mentioned that the Trump administration's lenient stance on crypto assets could pose long-term risks, including issues related to leverage and overvaluation. The ECB pointed out that the deregulation of the U.S. financial system, particularly in the realm of crypto assets, could exacerbate financial stability risks and even lay the groundwork for future financial crises.Recently, there has indeed been a relaxation of regulations in the U.S. crypto market, such as the SEC withdrawing multiple lawsuits against cryptocurrency exchanges. Despite the rapid development of the cryptocurrency market, the ECB remains cautious about its risks and regulatory issues, believing that it could pose a long-term threat to global financial stability.

ChainCatcher News, the Chinese Embassy in South Korea's official WeChat account published a typical case of a virtual currency "pig slaughtering" scam, revealing that a certain international student, under the romantic pressure from his girlfriend, became firmly convinced that he could make money by "trading virtual currency" and entrusted his account to her for management, subsequently transferring over 300,000 RMB for "recharging." The Chinese Embassy in South Korea reminds that online dating carries risks and not to believe in investment schemes that claim to have "insider information" and guarantee profits.

ChainCatcher news, according to Cointelegraph, the digital asset division of Germany's major stock exchange Boerse Stuttgart is assisting local investment bank DekaBank in providing cryptocurrency trading services for its institutional clients. Boerse Stuttgart Digital announced a partnership with DekaBank on February 28, stating in the announcement that Boerse Stuttgart Digital will provide its regulated infrastructure to enable DekaBank to launch its cryptocurrency services, which are specifically aimed at institutional clients.This collaboration comes shortly after Boerse Stuttgart Digital Custody received full licensing under the EU's new Markets in Crypto-Assets (MiCA) framework in January. DekaBank, established in 1918, is a leading asset management company in Germany, with total assets exceeding €411.5 billion (approximately $427 billion) as of September 2024.Previous report indicates that the German financial institution DekaBank has launched cryptocurrency trading and custody services for institutional clients.

ChainCatcher news, former Brazilian footballer Ronaldinho Gaucho posted on the X platform: "Please be aware of the fake Meme coins currently appearing in my name. Remember, I have not launched any official tokens yet. To the entire cryptocurrency community: stay tuned, as we will soon release significant news here."Below this tweet, several users commented urging him "not to do anything that damages his reputation," such as a Rug Pull after launching a coin; others questioned whether his X account had been hacked. It should be noted that many well-known individuals' X accounts have recently been hacked to promote malicious Meme coins, so users should be cautious and discerning.

ChainCatcher news, according to Cointelegraph, the Arizona State Senate has passed two cryptocurrency reserve bills, bringing them closer to becoming law. These bills are now submitted to the state's House of Representatives.

ChainCatcher news, according to Cointelegraph, during the market correction as Bitcoin fell below $80,000, discussions about "buying the dip" in cryptocurrency on social media have surged to their highest level since July of last year. On-chain analysis platform Santiment noted in its report that traders on social platforms like X, Reddit, and Telegram are showing "extremely high confidence," believing that the current decline is "a buying opportunity."However, Santiment warns that the market's high enthusiasm for buying the dip may not necessarily be an entry signal, as markets often move in the opposite direction of public expectations. "Ideally, we should wait for this crowd enthusiasm to fade as a signal that retail traders have already endured enough pain to justify a rebound." Google Trends data shows a similar trend, with search interest for "buy the dip" peaking at 100 on February 26, but has since dropped to 49.

ChainCatcher news, the Office of the Financial Committee of the Hunan Provincial Committee, the Financial Work Committee of the Hunan Provincial Committee, and the Hunan Provincial Local Financial Supervision Administration's official WeChat account disclosed a GBC platform fundraising fraud case. Zhou, Tong, Wu, and others commissioned Chengdu Xingyi Network Technology Co., Ltd. to design the GBC platform software for computer clients and mobile apps. Wu falsely claimed that GBC coins and wealth coins were blockchain virtual currencies, developing downlines in areas such as Jinshui District, Zhengzhou City. By the time the case was reported, the "GBC" platform had developed 47 levels of members, involving 59,548 member accounts, with a total fund flow of 3.408 billion yuan, of which 40,480 member accounts suffered losses totaling 629 million yuan. The main criminal gained over 226 million yuan through fundraising fraud on the GBC platform.Upon investigation, the GBC platform system generated digital symbols out of thin air, which had no economic value. The Zhengzhou Intermediate People's Court, after hearing the case, determined that based on the facts of the crime, its nature, circumstances, and the degree of harm to society, the involved individuals were sentenced to fixed-term imprisonment ranging from fifteen to thirteen years.

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market sector index has generally declined, with a 24-hour drop of approximately 2% to 8%. Among them, Ethereum (ETH) fell by 7.02%, dropping below $2200, while Bitcoin (BTC) decreased by 5.25%, briefly falling below $80000.In other sectors, the CeFi sector dropped by 3.92% in 24 hours, the Layer1 sector fell by 5.51%, the PayFi sector decreased by 5.99%, and the Layer2 sector declined by 6.25%. Notably, although the AI sector dropped by 7.59%, Golem (GLM) and MyShell (SHELL) within the sector rose against the trend by 4.43% and 16.21%, respectively.The cryptocurrency sector index reflecting historical market trends shows that the sectors with the largest declines in 24 hours are the ssiAI, ssiDeFi, and ssiSocialFi indices, which fell by 7.63%, 7.26%, and 6.64%, respectively. Additionally, the ssiPayFi index has reached a weekly return rate of -18.95%.

According to ChainCatcher, The Block reported that Stripe founders John and Patrick Collison stated in their annual letter that stablecoins have four major advantages in the payment sector: lower costs, faster transaction speeds, decentralization and global availability, and programmability. They believe that the emergence of stablecoins is similar to the replacement of coins by paper money, or fiat currency replacing the gold standard, bringing greater convenience to the global economy.Stripe has previously invested $1.1 billion to acquire the stablecoin service provider Bridge and supports stablecoin payments on chains such as Solana, Ethereum, and Polygon. The report indicates that the trading volume of stablecoins is expected to more than double year-on-year in 2024, with monthly active wallets surpassing 40 million, widely used in scenarios such as corporate financial management, cross-border remittances, inflation-resistant savings, and payment settlements. The Collison brothers emphasized that Stripe will focus on promoting the adoption of stablecoin payments in the future. The report also noted that issuers like Tether and Circle have become major buyers of U.S. Treasury bonds, further strengthening the influence of the U.S. dollar.

ChainCatcher news, on Thursday, U.S. stocks fell sharply again, with all three major indices closing down. The Dow Jones fell 0.43%, the S&P 500 dropped 1.59%, and the Nasdaq declined 2.78%. The technology sector led the decline, with the seven giants collectively plummeting, erasing nearly $550 billion in market value. Among them, Nvidia's latest earnings report was "good but not stunning," causing its stock price to drop from a 2% increase at the open to a decline of over 8% at the close, resulting in a market value loss of over $270 billion.The cryptocurrency market plummeted again, driven by tech stocks, with Bitcoin falling below $80,000, hitting a new low since November 11 of last year, a 24-hour drop of 4.7%; Ethereum fell to around $2,100, erasing all gains since last August; SOL dropped below $130, marking a five-month low. Currently, from its all-time high, Bitcoin has fallen over 25%, Ethereum over 45%, and SOL over 55%, while many altcoins have also dropped to all-time lows in the past two days. Market sentiment remains in a state of extreme panic, and despite the significant declines, there are still no signs of a bottom.In the forex commodities sector, with the clarification of Trump's tariff timeline, the dollar rose over 0.7%; the oil market strengthened and closed at a high, with U.S. oil rising over 2.5%; the strengthening dollar put pressure on gold, with spot gold dropping 1.3%, hitting a new low in over two weeks during the session.As signs of a weakening U.S. economy emerge, recession fears are reigniting, and the uncertainty of Trump's policies is exacerbating market anxiety about the economic outlook, leading to a double blow in both the U.S. stock and cryptocurrency markets, with panic sentiment intensifying.

ChainCatcher news, according to CoinDesk, the crypto and AI company Olas has launched a decentralized platform called Mech Marketplace, allowing AI agents to autonomously hire other AI agents to assist in completing specific tasks. The platform aims to facilitate specialized collaboration among different AI agents, addressing the limitations of a single AI agent being unable to complete all tasks.Olas founding member David Minarsch stated, "We allow different agents to focus on different areas, and this specialization creates a demand for trading among agents." For example, an AI agent used for market trading may excel at placing orders and withdrawals but may need assistance from other specialized AI agents to make actual predictions.In previous news, the company recently raised $13.8 million to launch an app store called Pearl, which allows users to own AI agents. Minarsch predicts that in the future, AI agents will simplify the complexities of cryptocurrency operations, allowing users to simply tell the agents what to do without the need to manually manage wallets, cross-chain operations, or DeFi yield farms.

ChainCatcher news, according to The Block, based on the latest report from the security service platform Immunefi, the cryptocurrency industry experienced a surge in stolen funds in February due to the record-breaking Bybit hack, with 9 hacking incidents resulting in a loss of $1.53 billion, a 20-fold increase compared to the previous month.This figure is 18 times higher than February 2024, when the recorded loss was $81.6 million; the losses so far this year have reached $1.6 billion, an 8-fold increase compared to the same period last year.

ChainCatcher News, the U.S. Department of Justice announced that a Montana man has been convicted of cryptocurrency money laundering. After three days of trial, 73-year-old Randall V. Rule (formerly of Kalispell, Montana) was found guilty on all counts by the jury.On November 16, 2022, a federal grand jury indictment charged Randall V. Rule and former Irmo, South Carolina resident Gregory C. Nysewander with conspiracy to launder money, money laundering, and conspiracy to violate the Bank Secrecy Act.According to the indictment, Rule and Nysewander conspired with others to launder the proceeds of telemarketing and mail fraud through cryptocurrency. The defendants converted funds into cryptocurrency and sent the cryptocurrency to accounts controlled by domestic and foreign co-conspirators. The defendants made false statements and concealed material facts to avoid detection of the fraudulent nature of the deposits, wire transfers, and transactions. The defendants also made false statements and concealed material facts when filling out account opening documents and communicating with financial institutions and cryptocurrency exchanges.

ChainCatcher news, according to Decrypt, the UK government has proposed a new bill that expands its powers to seize and destroy cryptocurrencies related to criminal activities. The new legislation aims to enhance law enforcement's ability to confiscate illegal crypto assets and return them to victims, while also strengthening the country's overall means to combat economic crime.In addition to expanding seizure powers, the bill also includes provisions to simplify asset recovery procedures, allowing law enforcement to recover stolen funds and return them to victims. The bill seeks to ensure that those responsible for crimes involving digital assets do not retain the benefits of their illegal activities.

ChainCatcher news, according to Cointelegraph, the crypto technology startup Orochi Network has completed a $12 million financing round, with participation from Presto Labs, Smape Capital, Anti Capital, Maxx Capital, Bolts Capital, AZA Ventures, and Connectico, as well as funding from the Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain.According to the Web3 asset data platform RootData, [Orochi Network](https://www.rootdata.com/zh/Projects/detail/Orochi Network?k=ODk4OA== "Zero-Knowledge Proof Operating System") is a cutting-edge ZKO (Zero-Knowledge Proof Operating System) designed to address the challenges of computational limitations, data correctness, and data availability in the Web3 industry. Orochi Network uses MPC and ECVRF to build a trustless distributed source of randomness for all types of Web3 applications, providing verifiable randomness for smart contracts on EVM and FVM.