ChainCatcher news, a futures trader posted on the social platform CoinMamba that once the stock market stops declining, the cryptocurrency market may experience a strong rally.He pointed out that this shift could be triggered by factors such as moderate inflation data or Trump announcing a tariff agreement.However, CoinMamba also emphasized that the current market environment remains highly unpredictable.

ChainCatcher news, according to CoinDesk, Bilal bin Saqib, chief advisor to the Finance Minister of Pakistan and a member of the newly established Pakistan Cryptocurrency Council (PCC), stated on Monday that Pakistan is exploring blockchain technology to simplify the overseas remittance process.The PCC is advocating for a clear regulatory framework for blockchain and Web3 innovations and is exploring initiatives such as the tokenization of real-world assets while complying with the Financial Action Task Force (FATF) standards. In the fiscal year 2023 to 2024, overseas Pakistanis are expected to remit over $31 billion through traditional channels, but these channels are often cumbersome and costly, with fees potentially exceeding 5%. He stated, "The Pakistan Cryptocurrency Council will explore blockchain-based remittance solutions to reduce costs and minimize delays."Additionally, there will be investments in blockchain education, skill enhancement programs, and Web3 development to cultivate talent, promote employment, and drive economic growth.

ChainCatcher news, according to official sources, the Thai Securities and Exchange Commission has recognized the Tether stablecoin USDT as an approved cryptocurrency. This move marks a key moment in the development of digital assets in the region and is an important step in clarifying and strengthening Thailand's regulatory framework, providing investors with greater flexibility and choice while fostering a more vibrant and resilient industry. By enabling the seamless integration of USDT, this decision supports the diversification and modernization of Thailand's financial landscape.

ChainCatcher news, Bitwise Asset Management Chief Investment Officer Matt Hougan stated on CNBC's "Squawk Box Asia" that the current drop in Bitcoin prices is a "short-term setback," and the market will soon find its footing and realize that this is actually a long-term bullish outlook for this asset and the entire cryptocurrency market.Matt Hougan added that White House cryptocurrency and AI director David Sacks has indicated that the U.S. will seek a "budget-neutral strategy to acquire more Bitcoin, provided that these strategies do not impose incremental costs on American taxpayers." The right question should be: Does this executive order make it more likely for Bitcoin to become a geopolitically significant currency or asset in the future? Will other governments follow the U.S. and establish their own strategic reserves? For me, the answer is yes, and the reason this question is important is that it determines whether Bitcoin is worth $80,000 or $1,000,000.

ChainCatcher news, BTC Inc. CEO David Bailey is one of the dozens of insiders invited to the recent Trump crypto summit. He suggested on social media that the president's two ideas could be combined to increase crypto reserves without spending a dime. Bailey stated that many elites in emerging markets want to live in the U.S. but find it difficult to transfer $5 million abroad. Bitcoin offers a simpler, safer, and more discreet solution that should be considered, and Trump's proposed "Gold Card" plan could be paid for with Bitcoin. If the government truly takes this step, it would send another clear signal to the world that the U.S. is serious about incorporating Bitcoin into its internal policies.

ChainCatcher news, according to Cointelegraph, cryptocurrency companies have spent over $134 million in the 2024 U.S. elections.According to a report released by the Center for Political Accountability, the ties between crypto companies and U.S. politics are becoming increasingly close, raising new concerns for regulators, investors, and the broader financial system.

ChainCatcher news, according to Cointelegraph, although the cryptocurrency fear and greed index on March 10 continues to show "extreme fear," a Bitcoin market simulation still predicts a bullish trend in the second half of 2025.Cryptocurrency researcher Mark Quant analyzed Bitcoin prices using Monte Carlo simulations and provided a six-month forecast for the crypto asset. The Monte Carlo model is a computational method that simulates price predictions and assesses risk through random sampling. It can generate various possible scenarios based on variable factors such as volatility and market trends. Based on an initial price of $82,655, the study estimates the average final price of Bitcoin to be $258,445 by the end of September 2025. However, from a broader perspective, Bitcoin prices are expected to fluctuate between $51,430 (the 5th percentile return) and $713,000 (the 95th percentile return).However, it is important to note that the Monte Carlo model largely relies on the Geometric Brownian Motion (GBM) model, which assumes that asset values follow a random path with a constant drift parameter. In this analysis, Bitcoin's inherent volatility is incorporated into the model, capturing long-term historical performance and patterns while adapting to future changes. Essentially, Monte Carlo analysis carries uncertainty akin to "rolling dice." Last week, Quant also emphasized the correlation between the total cryptocurrency market cap and the global liquidity index, suggesting that the total market cap could reach a new high of over $4 trillion in the second quarter of 2025.

ChainCatcher news, according to Bitcoin.com News, the Cayman Islands has updated its cryptocurrency regulatory framework and established new licensing regulations that will take effect on April 1, 2025.According to the 2025 Virtual Assets (Service Providers) (Amendment) Regulations, all entities providing virtual asset custody and trading platform services are required to obtain a license issued by the Cayman Islands Monetary Authority (CIMA). Existing virtual asset service providers (VASPs) must submit their license applications within 90 days after the effective date.As part of the application process, crypto asset custodians must disclose the types and amounts of virtual assets they intend to hold for clients, while trading platform operators need to provide details about expected revenue and the location of their physical hardware.

According to ChainCatcher news, the official social media announcement states that the Huobi HTX themed column "Dialogue with HTX Partners" will be held today at 20:00 (UTC+8) via Huobi HTX Twitter Space. At that time, crypto KOL Chen Jian Jason and Zi Shi will be invited to attend, with the theme "Decoding the Wealth Code: Where Are the Signals for Bull and Bear Reversals?" to deeply analyze the bull and bear signals in the crypto market and provide insights into future trends.

ChainCatcher news, according to @kyle_chasse, Japan's financial giant SBI Group's cryptocurrency exchange SBI VC Trade has acquired 4,000 BTC, worth $330 million.

ChainCatcher news, according to CNBC, Bitcoin fell on Monday after President Trump signed an executive order to create a U.S. strategic Bitcoin reserve, impacting market sentiment.The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and currently, the U.S. government has no plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices dropped, with investors disappointed by the lack of more aggressive measures in the plan.

ChainCatcher news, according to market data, the U.S. stock crypto sector is down in pre-market trading, with ProShares Bitcoin Strategy ETF down 5.4% and iShares Bitcoin Trust down 5.5%.

ChainCatcher news, according to Cointelegraph, securities regulators in Alberta and New Brunswick, Canada, have warned that crypto scammers are exploiting trade war panic by using fake news articles and images of government figures to profit.The Alberta Securities Commission stated in a warning on March 7 that a crypto investment scam named "CanCap" has been impersonating news articles from the Canadian Broadcasting Corporation (CBC) and falsely claiming endorsement from then-Prime Minister Justin Trudeau. The regulator said, "The false articles claim that the Prime Minister is responding to U.S. tariffs and supports an investment plan involving digital currency."The New Brunswick Financial and Consumer Services Commission also warned on March 5 that CanCap used fake news articles claiming that New Brunswick Premier Susan Holt supports the platform, including fabricated interview records with Holt and altered photos with CBC.Regulators noted that scammers are increasingly exploiting current events to prey on the fears of potential victims and are using artificial intelligence to forge endorsements and generate content to make the scams appear legitimate.They added that scammers can quickly change the names and appearances of their schemes, having already used names like "CanCentra" and "Immediate Flectinium," linking them to at least six other different domain websites.

ChainCatcher news, the Japanese Cabinet has approved a proposal to reform laws related to cryptocurrency brokerage and stablecoins. According to the announcement from the Financial Services Agency (FSA) of Japan, the government has approved a Cabinet resolution to amend the Payment Services Act.The bill will allow cryptocurrency companies to operate as "intermediary businesses." This means that brokers will no longer need to apply for the same type of licenses as cryptocurrency trading platforms and cryptocurrency wallet operators. The bill also provides more flexibility for stablecoin issuers regarding the types of assets that back their tokens.In the history of the Japanese Diet, no changes to cryptocurrency-related laws have ever been rejected after receiving Cabinet approval. Similarly, the Cabinet has never rejected any legal change proposals put forward by the FSA concerning Japan's cryptocurrency regulatory matters. The FSA has a certain degree of "full authority" in Japan's cryptocurrency regulatory affairs.Previous news, the Japanese Cabinet approved a new proposal to allow VC companies to directly invest in cryptocurrency and Web3 companies.

ChainCatcher news, according to SoSoValue data, the entire encrypted market sector has experienced a decline, with a 24-hour drop generally around 4% to 10%. Bitcoin (BTC) fell by 4.73%, reaching a low of $80,000, while Ethereum (ETH) dropped by 6.35%, briefly falling below $2,000. Additionally, within the Trump Crypto Strategic Reserve sector, XRP, Solana (SOL), and Cardano (ADA) fell by 6.41%, 7.10%, and 7.53% respectively.In other sectors, the CeFi sector dropped by 4.98% in 24 hours, with Binance Coin (BNB) and Bitget Token (BGB) falling by 5.12% and 5.95% respectively; the PayFi sector decreased by 6.22%, the Layer1 sector fell by 6.36%, the Layer2 sector dropped by 7.06%, and the DeFi sector declined by 7.66%, with Ethena (ENA) remaining relatively strong, rising by 0.34%; the Meme sector fell by 9.12%, with most tokens in the sector retreating to levels seen in November 2024.

ChainCatcher news reports that, according to 4E monitoring, impacted by weak economic data and Trump's tariff policies, U.S. stocks fluctuated lower last week, with all three major indices closing down. The Dow Jones Industrial Average fell by 2.37%; the S&P 500 dropped about 3.1%, marking its worst weekly performance since September last year. The Nasdaq Composite declined by 3.41%, falling for three consecutive weeks and entering a correction zone with a drop of over 10% from recent highs. Large tech stocks performed poorly, with Nvidia's market value shrinking by $1 trillion from its historical peak, and Tesla down over 46% from its all-time high.The cryptocurrency market's downward trend intensified, as the Bitcoin strategic reserve signed by Trump fell short of expectations, and the White House's crypto summit mainly featured polite remarks, failing to surprise the market and exacerbating the declines. Bitcoin consecutively lost several key support levels, dipping to around $80,000, with a nearly 12% drop over the past week, closing at $82,150 at the time of writing. Other major cryptocurrencies like Ethereum experienced even steeper declines, with market sentiment plunging to a low point.In the forex and commodities sector, the U.S. dollar index plummeted by 3.45% last week, marking the largest weekly drop since November 2022, reaching its lowest level since Trump's election victory. The global energy supply and demand outlook is concerning, with U.S. oil falling 3.9% over the week, marking seven consecutive weeks of decline; meanwhile, safe-haven gold rose 1.88% weekly, showing strong performance.Trump's tariff policies have been erratic, and last week's non-farm payroll data failed to provide a clear economic outlook, leading to increasing market fatigue over uncertainty and continued pressure on risk assets. This week, investors are focused on U.S. CPI and PPI inflation data, which will directly impact the Federal Reserve's interest rate decision on March 18-19.

ChainCatcher news, according to the Singapore Business Times, a 20-year-old Singaporean, Malone Lam, has been arrested for allegedly participating in one of the largest cryptocurrency thefts in U.S. history. He reportedly spent up to $500,000 (approximately 665,000 SGD) in a nightclub in one night and was seen gifting Hermes Birkin bags to models and influencers at a lavish party. The U.S. Department of Justice stated that Lam was arrested in September 2024 along with his 21-year-old American accomplice, Jeandiel Serrano, and they are charged with "conspiring to steal and launder over $230 million (approximately 306 million SGD) in cryptocurrency." At current prices, the stolen 4,100 bitcoins are worth over $450 million.As of October last year, approximately $70 million has been recovered or frozen at various exchanges. Court documents reveal that "even considering the millions spent by Serrano and accomplices on cars and jewelry, over $100 million remains unaccounted for." If convicted of stealing over 4,100 bitcoins, Lam faces a maximum of 20 years in prison and a fine of up to $250,000 or twice the amount he profited from the fraud. Lam's trial date is set for October 6.