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 reports from the Hong Kong Economic Journal, the Hong Kong Association of Banks welcomes the measures proposed in the new "Financial Budget," stating that these measures will help promote market diversification and explore new growth points, injecting new momentum into the local economy.The Hong Kong Association of Banks stated that as the Hong Kong government is about to publish the second development policy declaration for virtual assets and submit a bill for the regulatory framework for the introduction of fiat-backed stablecoin issuers, the industry will explore the potential value brought by digital asset technology for industry development while balancing risk management and business growth, contributing to Hong Kong's development as a global digital asset hub.

ChainCatcher news, according to GlassNode analysis, if the current market adjustment deepens, ETH may drop to $1890, a decrease of about 10% from the current price. The analysis shows that there is the largest accumulation below the $1890 price level, with approximately 1.82 million ETH. These tokens were mainly purchased in August 2023, indicating the presence of a group of cyclical investors with strong conviction. An analysis of two years of data on ETH cost basis distribution reveals that these investors not only began accumulating in August 2023 but also further increased their cost basis in November 2024, participating in the market rebound while not massively selling off at the peak of the range.If the ETH price continues to decline, $2100 will be the next important accumulation level, but this level only has about 500,000 ETH, far below the major support level of the $1890 area. In addition, data from the past six months shows that a group of higher-cost investors (especially around $3500) has continued to participate in the market, with their costs gradually decreasing and concentration increasing, indicating that they may be continuously absorbing market supply rather than choosing to exit.

ChainCatcher news, Matrixport released a report stating that the recent market adjustment of Bitcoin is mainly influenced by hedge funds, rather than Wall Street investors.The report pointed out that at least 25% of Bitcoin ETF funds are related to arbitrage trading, and as much as 55% of ETF fund inflows come from hedge funds focused on arbitrage, rather than long-term investors. Since the Federal Reserve's Open Market Committee meeting in December, the significant decline in arbitrage profit opportunities has led to a decrease in trading volume, prompting hedge funds to unwind their arbitrage positions, resulting in record outflows from Bitcoin ETFs.The strengthening of the dollar has led to a decline in global liquidity indicators, putting downward pressure on Bitcoin prices.

ChainCatcher message, Binance futures will update the leverage and margin tiers for TRUMPUSDT, IPUSDT, VIDTUSDT, CONBOUSDT, and NULSUSDT U-based perpetual contracts on February 28, 2025, at 17:30 (UTC+8).

ChainCatcher news, according to an official statement from Four.Meme, the platform is undergoing an internal financial settlement process and will soon release a formal announcement.Previously, the FourAi team warned that Four.Meme had security vulnerabilities, and hackers were suspected of stealing over 4800 BNB, but Four.Meme denied this claim, stating it was an internal fund adjustment.

ChainCatcher message, Musk stated that a new version of the Grok application has just been released.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on social media, "After adjusting for risk, now is the best time in history to buy Bitcoin."

ChainCatcher news, according to Cointelegraph, Founders Fund partner Joey Krug revealed at the ETHDenver conference that the U.S. Securities and Exchange Commission (SEC), under former chairman Gary Gensler, had forced founders of decentralized finance (DeFi) platforms to agree to never engage in the cryptocurrency industry again through settlement agreements.Krug stated, "In many cases, the government finds the founders of DeFi protocols and basically tells them they must settle with us. In many instances, they require them to sign a document promising to never work in the crypto industry again. Moreover, due to non-disparagement clauses, these agreements cannot be publicly discussed." He also claimed that these regulators would threaten the founders: "If you don't agree to these terms, you will go to jail."Krug mentioned that he initially did not believe in the existence of these settlement agreements until some unnamed founders showed him the contents of the agreements, which indeed included clauses stating "never engage in the crypto industry" and "not to discuss publicly."

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance has released guidance on memecoins, stating that they are not considered securities but are similar to collectibles.The division believes that the transactions involving memecoins described in the guidance do not involve the issuance and sale of securities as defined by federal securities laws. Therefore, individuals participating in the issuance and sale of memecoins are not required to register their transactions with the Commission under the Securities Act of 1933, nor do they need to comply with the registration exemption provisions in the Securities Act. As a result, purchasers or holders of memecoins are not protected by federal securities laws.

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, according to official news, the Ethereum Foundation announced that the application for the 2025 academic grant round must be submitted by March 16, and will provide $2 million in funding to support cutting-edge research in areas such as protocol design, client engineering, and human and cultural studies.

ChainCatcher news, Ripple announced a partnership with South Korean digital asset custody provider BDACS to support institutional custody of XRP and Ripple USD, expanding the availability of Ripple's stablecoin RLUSD.

ChainCatcher message, Coinbase Support tweeted that some customers reported experiencing delays in Retail, exchange, and advanced trading, as well as pending payments stagnation. The team has implemented a fix and is monitoring the results of the fix.