ChainCatcher news, according to Jinshi reports, U.S. Secretary of Commerce Raimondo stated that if the United States achieves a balanced budget, interest rates will be significantly reduced.

ChainCatcher news, according to CoinTelegraph, the meme coin market has erased all gains following President Trump's election victory, having evaporated more than half of its market value since December last year. CoinMarketCap data shows that the total market capitalization of meme coins dropped from $124 billion on December 5, 2024, to $54 billion on March 5, 2025, a decline of 56%.The meme coin market gradually declined after reaching an all-time high of $137 billion on December 8, 2024. Although there was a brief rebound during the issuance of meme coins by Trump and First Lady Melania in January, the overall trend remains downward. Industry observers attribute this massive decline to factors such as a turbulent global economic environment, lack of meme coin regulation, insider trading scandals, and endorsements by public figures.Anmol Singh, co-founder of Zeta Markets, stated, "The meme coin bubble has burst," citing reasons including economic uncertainty under the Trump administration, the combination of U.S. economic and foreign policy, and excessive involvement from celebrities and social media influencers. Singh predicts that after experiencing significant sell-offs, the meme coin market may concentrate on major meme coins like Dogecoin, Pepe, Bonk, Dogwifhat, and TRUMP, while "other coins will gradually lose attention."

ChainCatcher message, Zhao Changpeng posted on X platform stating that as a user, the user experience (UX) of Web3 wallets (in fact, almost all products) still has a lot of room for improvement.Zhao Changpeng cited an example that the error messages on blockchain explorers and wallets only display "Fail," with no additional information provided to users.

ChainCatcher news, according to Bloomingbit, the announcement by U.S. President Trump to consider XRP, ADA, and Solana as strategic reserve assets has led to a significant increase in the prices of these three cryptocurrencies, while also drawing strong skepticism from industry experts. Castle Island Ventures partner Nick Carter stated on social media: "The government's role is not to operate alternative cryptocurrency hedge funds."Several experts pointed out that some of the selected cryptocurrencies have serious flaws that make them unsuitable as strategic reserve assets. SpaceID business development manager Harrison Seletsky stated: "Ethereum and Solana have strong networks and may be suitable for inclusion as strategic reserve assets, but the mainnets XRPL and Cardano of XRP and ADA are clearly lacking in total locked value (TVL) and stablecoin liquidity."TwoPrime Digital Assets CEO Alexander Blum emphasized the centralization issue: "XRP, ADA, and Solana have centralized ownership structures, which fundamentally distinguishes them from Bitcoin." Smadex co-founder Jean Rausis criticized: "The strategic cryptocurrency reserve plan that includes XRP, Solana, and ADA is Trump's attempt to profit for himself; he knows nothing about cryptocurrency strategic reserves."

ChainCatcher news, in the past 24 hours, the prices of American concept coins have shown an overall downward trend, but trading volume continues to grow. According to MEXC data, $ADA has been active, with the number of spot traders increasing by 409% month-on-month and the number of contract traders increasing by 259%; in terms of trading volume, spot trading has increased by 410% month-on-month, and contracts have increased by 913%.Meanwhile, the trading enthusiasm for $XRP remains strong, with the number of spot traders increasing by 129% month-on-month and contracts increasing by 88%; in terms of trading volume, spot trading has increased by 205% month-on-month, and contracts have increased by 142%. On March 2, Trump made a statement regarding cryptocurrency reserves, announcing that his digital asset executive order has instructed the presidential task force to advance a crypto strategic reserve plan that includes XRP, SOL, ADA, BTC, and ETH, to "ensure that the United States becomes a global crypto hub."This statement ignited market enthusiasm, leading to rapid fluctuations in the prices and trading volumes of related assets. As market sentiment gradually stabilizes, the prices of American concept coins have experienced a pullback, but the trading enthusiasm in the market has not completely faded, and investors are still closely monitoring the further impact of U.S. policies on the crypto market.

ChainCatcher news, the Bitfinex Alpha report shows that Bitcoin fell by 17.39% in February, marking the worst February performance since 2014 and the second worst February in history. Since hitting bottom after the FTX collapse in November 2022, Bitcoin bull market corrections have typically ranged between 18-22%, but February saw a correction of 28.3% from January's historical high of $109,590, making it one of the most significant corrections since the end of the bear market.On March 2, U.S. President Trump announced the establishment of the U.S. Crypto Reserve Program, triggering a strong market rebound, with Bitcoin rising 20% from recent lows and a single-day increase of over 12%. However, subsequent sell-offs pushed the Bitcoin price back down to around $92,000. Bitfinex analysts believe that macroeconomic conditions (including the performance of the S&P 500 index) will significantly impact Bitcoin's trajectory in the coming weeks before the details of the Crypto Reserve Program are announced.The report also points out that the U.S. economic situation is complex, with persistent inflation, declining consumer confidence, and slowing economic growth. January's personal consumption expenditure inflation data showed a year-over-year growth rate of 2.5%, exceeding the Federal Reserve's 2% target. Rising service costs and new import tariffs are expected to further affect the Federal Reserve's ability to adjust interest rates, reducing the likelihood of recent rate cuts.

ChainCatcher news, according to crypto analyst Miles Deutscher's post on the X platform, XRP holding whales are selling tokens at record levels. Since the price increase of over 500% in November 2024, large position holders have been actively selling, and XRP seems to be in a large distribution phase.According to the Crypto Quant data shown in the accompanying image, the 90-day average line for XRP indicates that recent daily sell-off trading volumes by XRP whales have reached around $120 million to $180 million.

ChainCatcher news, according to OnchainDataNerd monitoring, in the past 24 hours, some whales have withdrawn a large amount of Bitcoin from Binance:·bc1q0 withdrew 600 BTC (approximately $51.5 million). In the past 3 days, he has accumulated 2,100 BTC (approximately $178.21 million) at a price of $84,860.·3PRHV withdrew 73.44 BTC (approximately $6.25 million), with an entry price of $85,188.·Galaxy_Digital withdrew 657 BTC (approximately $61.58 million).·377Cr withdrew 332 BTC (approximately $31.25 million).

ChainCatcher message, according to Scam Sniffer monitoring, a user suffered a phishing attack, losing approximately $158,000 worth of PENDLE-LPT.

ChainCatcher news, according to CoinDesk, the crypto market experienced a significant drop on Tuesday, with multiple on-chain indicators showing that Bitcoin prices have bottomed out.According to data from TradingView, the total market capitalization of cryptocurrencies reached $2.7 trillion, down nearly $1 trillion from the peak in December 2024. Several indicators suggest that Tuesday's sell-off may mark a local bottom.Andre Dragosch, Head of Research at Bitwise Europe, pointed out that the crypto asset sentiment index shows numerous signals of contrarian buying. The overall pessimism in liquidity, on-chain data, and the derivatives market indicates that downside risk is relatively limited. At these price levels, the risk-reward outlook appears quite favorable.

ChainCatcher news, the continuous growth of the global M2 money supply may trigger a significant rise in Bitcoin, but analysts warn against betting everything on this emerging signal.Pav Hundal, chief analyst at cryptocurrency trading platform Swyftx, told Cointelegraph: "This is not a market to bet all your funds on a quick adjustment, but our core prediction remains that the market will stay strong in March and beyond."Additionally, Bravo Research states that the U.S. money supply has doubled in just 10 years, "this surge in liquidity could fuel a parabolic rise in Bitcoin."

ChainCatcher news, Web3 social infrastructure UXLINK announced on the official X platform that its brand new UXLINK AI Growth Agent is officially launched. The UXLINK AI Growth Agent is powered by DeepSeek V3 technology and is the world's first AI agent specifically designed for Web3 user growth. It has many significant advantages, greatly reducing operational costs by automating repetitive tasks while unleashing the creativity of the team, allowing them to devote more time to high-value work.Users can easily build an intelligent operating system in just three simple steps. To give back to the UXLINK ecosystem partners for their continuous support in enhancing the value of $UXLINK, UXLINK will provide a 30-day free trial.The head of the UXLINK community stated that the launch of the AI Growth Agent is a continuation of "INSIDE - OUT." UXLINK itself is a heavy user of AI, operating with high efficiency, and we are promoting AI + social engagement throughout the ecosystem, primarily focusing on growth. Growth is an eternal demand in WEB3, and UXLINK is a leading project in socialized growth.

ChainCatcher message reports that, according to Scam Sniffer monitoring, a user lost $763,600 due to a transaction record pollution attack. The attacker used a forged address that matched the first 4 characters and the last 6 characters of the real address, causing the victim to mistakenly copy the wrong address and transfer funds.

ChainCatcher news, according to data from Bloomberg Intelligence, among ETF issuers' exposure to the technology sector, VanEck, Invesco, and Fidelity have significantly higher exposure than the average, at 39%, 38%, and 36%, respectively.In contrast, value-oriented ETF issuers such as FlexShares, DFA, and Avantis have noticeably lower exposure to the technology sector, with FlexShares at only 6%. This data suggests that if the market experiences a rotation in the technology sector, the aforementioned high-exposure ETF issuers may face significant impacts.

ChainCatcher news, billionaire hedge fund founder Steve Cohen, founder of Point72, stated during a speech in Miami that U.S. stocks may experience a significant adjustment due to the policies of the Trump administration. Cohen expects that in the second half of 2025, the growth rate of the U.S. economy will slow from 2.5% to 1.5%, marking "the first time in a while that I feel very negative."Cohen pointed out that the tariff policies of the Trump administration are essentially a form of taxation, which could provoke international trade retaliation; at the same time, immigration restrictions will affect labor force growth, and the anti-corruption initiatives of the Department of Government Efficiency (DOGE) are essentially contractionary policies. These factors combined will have a negative impact on the economy. Against the backdrop of the S&P 500 index rising over 50% since the beginning of 2023 and Nvidia's increase of 800%, current market valuations are at historical highs, with most investors, including hedge funds and retail investors, holding near-maximum positions, leading to significant downside risks in the market.It is reported that Point72 is known as "Wall Street's craziest money-making machine," and Cohen has been named by U.S. media as the most influential trader in Wall Street history. He is also the inspiration for the character Bobby Axelrod, a financial tycoon in the popular American TV series "Billions." Analysis from Goldman Sachs' trading department shows that if stocks fall by 10% within a month, it could trigger about $200 billion in systemic selling, with one-third coming from the U.S. market.