ChainCatcher news, Bitcoin mining company Stronghold announced that its shareholders voted "in favor" of the upcoming merger between Stronghold and Bitfarms Ltd. by an overwhelming majority. The merger agreement and plan are set to be signed on August 21, 2024, and will be revised thereafter.After the merger agreement proposal is approved, the company expects the merger to be completed by March 2025, subject to the satisfaction or waiver of the remaining closing conditions. The final report of the special shareholders' meeting results will be submitted to the U.S. Securities and Exchange Commission (SEC) in the form of an 8-K.

ChainCatcher message, according to Glassnode analysis, by tracking the cost basis distribution of Bitcoin over the past 6 months, key accumulation and redistribution trends can be identified, providing insights into investors' market positioning during the recent sell-off.Data shows that from the end of September last year to the end of October, there was strong accumulation of Bitcoin in the $60K-$67K range. Addresses holding this cost basis are still holding, and their Bitcoin supply remains visible. The stair-step pattern indicates that these addresses continued to accumulate Bitcoin from November to February, with some investors still increasing their cost basis, showing sustained participation.From the end of December last year to February this year, there was strong accumulation in the $96K-$98K range. Although some addresses in these price ranges are redistributing their Bitcoin, this supply cluster remains very dense, and if prices return to these levels, it could form strong resistance.A one-month view shows some Bitcoin distribution at the $96K-$98K level, particularly from the accumulation of Bitcoin over the past week and early February. Arrows indicate that investors who bought in September/October are active here, increasing their cost basis or continuing to accumulate. A one-week view shows a new demand cluster between $84K-$92K. The current question is whether there is enough demand at these levels to absorb selling pressure.

ChainCatcher message, Glassnode posted on social media, "During the period from the end of December 2024 to February 2025, there has been strong accumulation in the $96,000 to $98,000 range. While some addresses within these price ranges are reallocating their BTC, this supply cluster remains very dense------if we return to this level again, it could become a strong resistance level."

ChainCatcher news, U.S. court documents show that the SEC, along with Justin Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry, has jointly filed a motion in the Southern District of New York Federal Court to suspend the SEC's fraud lawsuit against Sun and Tron to consider "potential resolutions."The documents indicate that suspending the lawsuit is in the interest of all parties, will not harm any party or the public, and can avoid a court ruling on Tron’s motion to dismiss the lawsuit, thereby saving judicial resources. If the judge approves, the case will be suspended for 60 days, during which both parties must submit a joint status report.The SEC sued Sun and his affiliated companies in 2023, accusing them of market manipulation, fraud, and issuing unregistered securities. This application is similar to the SEC's handling of the Coinbase and Binance cases, which may indicate that both parties are approaching a settlement.

ChainCatcher news, due to the surge in demand for Nvidia's AI-specific chips, Nvidia's quarterly revenue has significantly increased, exceeding Wall Street expectations. The company's revenue for Q4 of fiscal year 2025 grew by 78% year-on-year to $39.3 billion, surpassing the market expectation of around $38 billion. Nvidia (NVDA.O) reported a net profit of $22.091 billion for Q4 of fiscal year 2025, while the market expected $19.611 billion, compared to $12.285 billion in the same period last year.Nvidia stated that it expects revenue for the first quarter of fiscal year 2026 to be $43 billion, roughly in line with Wall Street's expectation of about $42 billion. Nvidia CEO Jensen Huang noted that the demand for Blackwell is astonishing, as inference AI has added another layer of expansion law—more training computation makes models smarter, and more long-term thinking computation makes answers smarter. Nvidia's stock price rose over 3.5% in after-hours trading.

ChainCatcher news, recently, APENFT officially announced that its NFT Pump has officially launched the TRC-404 experimental token standard. TRC-404 combines TRC-20 and TRC-721 to build a hybrid token model, enabling the fractional ownership of NFTs and instant liquidity, while enhancing price discovery efficiency.It is reported that NFT Pump has also opened up the creation of TRC-404 tokens, supporting fair launches and innovative trading models, empowering decentralized applications in the TRON ecosystem, and promoting the transformation of NFT trading models.

ChainCatcher news, Tron founder Justin Sun stated on X that he recommends using a multi-signature method to store large amounts of USDT on the Tron chain. He pointed out that USDT on the Tron chain is recognized 1:1 by Tether, just like USDT on Ethereum, but Tron has advantages in management, including native multi-signature support and more transparent transaction security.Justin Sun mentioned that Tron’s native multi-signature does not rely on smart contracts, providing higher chain-level security, while the Ledger can transparently display transaction details, reducing the risk of asset theft due to blind signing. Currently, the issuance of USDT on the Tron chain has reached 62 billion.

ChainCatcher news, according to Lookonchain monitoring, in the past 7 days, the Tron chain has issued 824.51 million stablecoins (USDT & USDC), while the Avalanche chain has destroyed 506 million stablecoins (USDT & USDC).

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to pull back, with the AI Agents sector down 5%, while ETH remains relatively strong. Within the AI Agents sector, ai16z (AI16Z), Fartcoin (FARTCOIN), and Turbo (TURBO) have dropped 5.10%, 5.64%, and 6.17% respectively in the last 24 hours, but AIXBT has risen against the trend by 4.06%. Additionally, influenced by multiple factors such as the Ethereum Ecosystem Conference, ETH has increased by 0.58% in the last 24 hours.In other sectors, the PayFi sector has decreased by 0.38% in the last 24 hours, the Layer1 sector has dropped by 2.10%, with Sonic (S) rising against the trend by 8.11%; the CeFi sector has fallen by 2.38%, the Layer2 sector has decreased by 2.39%, and the DeFi sector has dropped by 2.66%, with Raydium (RAY) down 21.33%; the Meme sector has decreased by 3.49%.

ChainCatcher news, according to IntoTheBlock data, a total of 2.76 million addresses have purchased a total of 2.1 million bitcoins at an average price of $97,100, forming a large demand zone below the current price. Analysis indicates that if the market faces further downward pressure, this price level may become a strong support level.

ChainCatcher news, according to the official announcement from Huobi HTX, Huobi HTX will officially launch the "Tron Ecosystem" limited-time trading carnival today at 19:00 (UTC+8). Users can share a reward pool of 5,305,000,000 $HTX, with a total value of 10,000 USDT, by trading TRX, SUNDOG, SUNCAT, SUN, and JST tokens.The event will last until March 3rd at 19:00 (UTC+8), for a duration of 10 days. During the event, the spot trading volume will be ranked by currency, and leveraged trading (TRX/USDT, SUNDOG/USDT, SUNCAT/USDT, SUN/USDT, JST/USDT) will be counted as three times the total trading volume.The 1st to 3rd places will exclusively receive rewards of 265,200,000, 160,000,000, and 100,000,000 $HTX respectively. Users with a trading volume of ≥20 USDT can share the remaining 4,779,800,000 $HTX based on their trading volume proportion. During the preheating period of the event, Tron ecosystem tokens generally rose, with SUNDOG experiencing a daily increase of 22.34%.

ChainCatcher message, Slow Fog issued an alert stating that Tether has just frozen 11 TRON addresses and 7 Ethereum addresses.

ChainCatcher news, TRONSCAN data shows that the total number of TRON accounts has reached 290,009,802, officially surpassing 290 million. It is reported that the total number of accounts is the sum of all activated account addresses on the TRON network.TRON is committed to building the infrastructure for a decentralized internet and actively promoting the arrival of internet decentralization. Currently, TRON has exceeded 9.65 billion transactions, with a total locked value (TVL) of over 20.8 billion dollars, and the issuance of TRC20-USDT has reached 62.74 billion, making it an important global payment network.In addition, today TRON also launched a brand new ecological incubation program—TRON Builders League (TBL), aimed at providing builders with financial support, professional guidance, and development opportunities to assist in the sustainable and stable development of projects. The funding pool for this program amounts to 10 million dollars.

ChainCatcher news, the chairman of the Financial Services Commission (FSC) of South Korea, Kim Byeong-hwan, stated that the country needs to take action to regulate stablecoins "swiftly," but he expressed concerns about the "strength" of the dollar.Kim Byeong-hwan said, "I also believe that stablecoin regulation needs to be formulated quickly, but we need to consider that the strength of the dollar is currently influenced by potential macro factors, including the strong performance of the U.S. economy."These remarks seem to indicate that the FSC is still expected to introduce stablecoin regulatory provisions later this year. Legislators and financial regulators are currently working on the "second phase" of the Virtual Asset User Protection Act, a piece of legislation related to cryptocurrencies, which is set to take effect in mid-2024. Cryptocurrency advocates hope that regulators will include provisions regarding stablecoin regulation in this new bill.

ChainCatcher message, at the Consensus Hong Kong 2025 conference, TRON co-founder Justin Sun stated: "I believe Hong Kong will be the center of cryptocurrency in Asia in the future. Over the past 5 years, the crypto space has been building mainstream products, and TRON has become the largest stablecoin trading network. Compared to other tokens, TRON itself is in a contraction state, and the network is performing very healthily. The changes in regulation in recent years have been very positive, and we have done well in compliance. This year we developed an AI product based on DeepSeek, which will be released soon."

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to pull back, with AI Agents down 9.53%, while the RWA sector remains relatively strong. Within the AI Agents sector, the 24-hour declines for Virtuals Protocol (VIRTUAL), AIXBT, ai16z (AI16Z), and AI Rig Complex (ARC) are 13.96%, 10.63%, 11.22%, and 18.59%, respectively. However, the RWA sector has increased by 1.72% in the last 24 hours, with MANTRA (OM), Maker (MKR), and Plume (PLUME) rising by 4.35%, 10.63%, and 9.53%, respectively.In addition, the Meme sector has seen a 24-hour decline of 3.47%. Within this sector, Dogecoin (DOGE) is down 2.37%, Shiba Inu (SHIB) is down 2.75%, and Pepe (PEPE) is down 5.76%. Notably, the total market capitalization of the Meme sector has fallen to levels seen in November 2024, with the winter gains almost completely reversed.In other sectors, the CeFi sector is down 3.25% in the last 24 hours, the PayFi sector is down 3.30%, but Litecoin (LTC) has risen 6.55% against the trend. The Layer1 sector is down 3.67%, and the DeFi sector is down 4.22%.

ChainCatcher news, according to Onchain Lens monitoring, 2 hours ago, Tether minted 1 billion USDT on the Tron network.So far, Tether has minted 3 billion USDT in 2025.