ChainCatcher news, Matrixport released today's chart stating that after the RMB devaluation in 2015, Bitcoin experienced a sell-off but rebounded strongly by the end of the year, closing the year with gains. We may see a similar scenario replaying now, and this judgment resonates with our bullish view on gold from 18 months ago.Currently, the USD to RMB (USDCNY) exchange rate is expected to break through a key technical resistance level, which is highly similar to our initial assessment of gold being "artificially suppressed and poised for a breakout," potentially indicating that Bitcoin is also about to experience a rapid increase.In addition, the correlation between USDCNY and the US 10-year Treasury yield is also worth noting. Although US Treasury yields have recently declined, a rapid rebound could exert some pressure on Bitcoin's upward momentum in the short term.

ChainCatcher news, the on-chain data analysis platform IntoTheBlock stated that by tracking the prices at which users purchased Bitcoin, an important support area has formed around the $69,000 price level. In this price range, historically, 1.22 million addresses have cumulatively purchased over 464,000 Bitcoins, indicating strong historical demand at this price level.

ChainCatcher news, Bitget Research Chief Analyst Ryan Lee pointed out that due to uncertainties in tariff policies and rising U.S. Treasury yields, the volatility in the crypto market has intensified. BTC is expected to fluctuate in the range of $68,000 to $85,000 in the short term, while ETH is facing a test of support at $1,550. If it falls below this level, it could trigger approximately $480 million in liquidations.From a structural perspective, most miners use ASIC devices for mining, which have a relatively low cost per unit of computing power. The average mining cost for BTC is around $60,000 to $65,000, forming an important bottom support area for the price. Meanwhile, ETH's on-chain activity remains sluggish, with Gas fees staying low, reflecting weakened user participation and an overall fragile market sentiment.Against the backdrop of ongoing macro headwinds affecting risk assets, the short-term trend of the crypto market will depend on how investors interpret policy changes and the global liquidity environment. The coming weeks may become a key observation period for changes in market direction.

ChainCatcher message, top trader Eugene Ng Ah Sio posted on his personal channel that this drop is not only unprecedented turmoil in the cryptocurrency market but also in the entire stock market. He vaguely feels that as long as it is handled properly, once this storm passes, it may create wealth that can change one's destiny. But for now, surviving is the key.

ChainCatcher news, according to Cointelegraph, investors in Bakkt Holdings have filed a class action lawsuit against the company and its executives, accusing them of making false or misleading statements and failing to adequately disclose important information related to major clients Webull and Bank of America (BoA), allegedly violating U.S. securities laws.The group of investors claims in the lawsuit that losing Bank of America and Webull would result in a "73% loss in revenue." The documents state that for most of 2023 and 2024, Webull accounted for 74% of Bakkt's crypto services revenue, while Bank of America accounted for 17% of its loyalty services revenue from January to September 2024.On March 17, 2025, Bakkt disclosed that Bank of America and Webull had no intention of renewing the agreement set to expire in 2025, causing the company's stock price to drop more than 27% within the following 24 hours. Investors accuse Bakkt of "misrepresenting the stability and/or diversity of its crypto services revenue" and failing to disclose that this revenue "largely depended on" contracts with Webull. The lawsuit states: "As a result of the defendants' wrongful conduct and inaction, along with the sharp decline in the company's market value, the plaintiffs and other class members suffered significant losses and damages."

ChainCatcher news, focusing on the entertainment sector's AI-Agent and AIUGC creators and fan economy ecosystem MEET48 has announced the completion of its token round financing, with a fully diluted valuation (FDV) of $100 million. Co-founder of Fosun Group, Liang Xinjun, along with Hash Global and HashKey Capital, led the investment, with participation from Animoca Brands, Infinity Labs, Promontory, Oak Grove, and several Web3 individuals. The new funds will be used to support the development of its team and the creation of related AI products. The MEET48 ecosystem community will provide users with a one-click customization feature for virtual idol AI Idol-Agent, enabling various functions such as chatting, live streaming, and virtual performances, while efficiently generating AI images, texts, songs, and dance content using AIGC technology in the virtual music and dance vertical. Additionally, the community will offer an AI-exclusive creation tool, AIShowBOX, supporting 3D character customization, intelligent choreography, and other in-depth creations, assisting users in automated operations and global dissemination of Idol-Agent.The MEET48 community's supporting MEME cultivation and launch platform, MarsProtocol, will be launched on the BNB Chain, providing a tokenized trading platform for Meme creators and serving as a source of AI creators for the entire ecosystem community. Furthermore, the AI-AGENT social foundation of the MEET48 ecosystem, the AI-AGENT large-scale music and dance simulation game, and the AI-AGENT large-scale casual game will also be launched successively, all utilizing the same governance token for community incentives.

ChainCatcher news, HashKey Capital today announced that its actively managed funds and separate account services under HashKey Capital Limited have officially been approved to access global leading virtual asset trading platforms including Binance FZE, Gemini, and Coinbase.As a licensed institution by the Hong Kong Securities and Futures Commission (SFC) (Type 1, 4, and 9 licenses), HashKey Capital was granted the qualification for full discretionary account management of virtual assets in December 2024. Following this approval, the investment scope of HashKey Capital's flagship actively managed fund, HashKey Digital Investment Fund SP, has officially expanded from "TOP 50 digital assets" to "TOP 100 digital assets," and a new cash management strategy module has been added to optimize liquidity management capabilities.Effective immediately, HashKey Digital Investment Fund SP can achieve flexible allocation of virtual assets and full discretionary account services through Binance FZE, Gemini, Coinbase, and HashKey Exchange.

ChainCatcher message, in response to a proposal on asset tokenization model sent to Zhao Changpeng by a certain user, Zhao Changpeng stated: "I am not interested in fancy models. And I never buy ideas. Ideas are worthless. Execution is key. Here is a passage I wrote before: My investment philosophy includes three key principles: 1. Focus on fundamentals: Pay attention to the essence, which includes product, user growth, revenue/profit, and the strength of the team. 2. Long-term bets, get in early and hold: Early adopters often reap disproportionate rewards, and the best approach is to hold investments for the long term, as significant successes like Amazon or Google develop over time. 3. Invest in mission-driven founders: Invest in founders and teams with a vision beyond profit; great companies stem from mission-driven thinking, as founders who focus solely on money often waver after achieving moderate success."

ChainCatcher News, Republican candidates Jimmy Patronis and Randy Fine won in the special congressional elections in Florida on Tuesday night, with strong support from the cryptocurrency industry super PAC, allowing the Republicans to maintain their slim majority in the House.Fine defeated Democrat Josh Weil with 56.7% of the vote in Florida's 6th district, while Patronis won against Gay Valimont with 57% of the vote in Florida's 1st district. Both campaigns received significant backing from "Defend American Jobs," a cryptocurrency-focused Republican political action committee that is part of the broader Fairshake political funding network. The media stated that these victories once again represent a win for the interests of the cryptocurrency industry.

ChainCatcher message, Coinbase will add support for Doginme (DOGINME) and Keyboard Cat (KEYCAT) on the Base network.If liquidity conditions are met, trading will begin on April 1, 2025, at or after 9 AM Pacific Time.

ChainCatcher message, researchers from the security company ThreatFabric stated that a new type of malware, Crocodilus, can steal Android users' wallet recovery phrases. This malware spreads through proprietary drivers and bypasses the security protections of Android 13 (and higher), and installing the malware does not trigger Play Protect.The malware overlays a fake warning on the screen, urging users to "back up the wallet recovery phrase in settings within 12 hours," or they may risk losing access to their wallet.

ChainCatcher news, according to Bitcoin.com, in the 89 days since entering 2025, the total value of the cryptocurrency sector has shrunk by $610 billion, from about $3.27 trillion to $2.66 trillion.Bitcoin's trading price is between $82,856 and $83,032, with a market cap of about $1.65 trillion and a global trading volume close to $14 billion in the last 24 hours. Currently, Bitcoin shows signs of short-term consolidation; despite a temporary upward momentum, the volume pattern indicates weak buyer participation, with lower highs and lower lows suggesting that a broader downtrend will continue. The resistance level at $84,500 remains a key level, while the support level at $81,600 is crucial.

ChainCatcher news, according to the official announcement, Coinbase has added Keyboard Cat (KEYCAT) to the listing roadmap.

ChainCatcher news, Matrixport released a daily chart analysis stating that Bitcoin is approaching a key downward trend line breakout, which has been suppressing prices since the market sell-off around Trump's inauguration.Currently, Bitcoin is forming a "high tight flag," a technical pattern often seen as a bullish continuation pattern. Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). A successful breakout would signal a notable alleviation of downside risk.Combined with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming more favorable, and this change is increasingly being validated on the technical front.

ChainCatcher message, Matrixport released a daily chart analysis stating that Bitcoin is approaching a breakthrough of a key downward trend line, which has been suppressing prices since the market sell-off around Trump's inauguration. Currently, Bitcoin is forming a "high tight flag," a technical pattern typically seen as a bullish continuation pattern.At present, Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). If it can successfully break through, it will signal a significant alleviation of downside risks. Coupled with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming increasingly favorable, and this change is being increasingly validated on the technical front.

ChainCatcher news, according to Jinshi reports, the rebound of Bitcoin after hitting a two-week high this Monday is facing the risk of faltering------against the backdrop of ongoing macro uncertainty suppressing market sentiment, this rise lacking volume support increasingly shows characteristics of a "bull trap."The sluggish bullish momentum, continuously shrinking trading volume, and persistent macro tensions are collectively creating potential bull traps in a "directionless market." Market experts point out that potential tariff escalations, inflation concerns, and geopolitical risks are still exerting pressure on Bitcoin prices.Augustine Fan, a partner at cryptocurrency derivatives software provider SignalPlus, stated that clarity in market direction requires waiting for the key policy node on April 2: "We expect a soft market rebound to continue until the end of the month, with the next important catalyst being the 'Liberation Day' tariff announcement." As the Trump administration plans to announce a new round of tariff plans on that day, macro policy uncertainty may once again become the fuse that disrupts the balance of the cryptocurrency market.