Odaily Planet Daily News Farcaster founder Dan Romero said that Farcaster will cooperate with developers/projects that want to provide airdrops to users. After joining, users can perform the required actions (using the framework, participating in channels, etc.) and establish a good user reputation to obtain airdrops in the future. Ultimately, developers can decide the target users (the data is permissionless), and the first airdrop will be carried out next week. Dan Romero added that it should be made clear that the airdrop comes from the framework built by the ecosystem developers (not Farcaster).

1. Market news: CZ may seek pardon from Trump administration 2. CZ issued a statement to clarify: The Wall Street Journal report distorted the facts and did not discuss the Binance US transaction; Bloomberg's report was false, and An did not buy WLFI tokens and had no business dealings with WLFI 3. He Yi supports CZ's attempt to apply for pardon: I believe good things will always happen 4. People familiar with the matter: Binance contacted Trump's allies last year to propose a business deal with the Trump family 5. Solana SlMD-0228 proposal failed, with only 43.6% of votes in favor 6. Meteora: LP rewards increased from 10% to 15% 7. Hyperliquid: It is planned to set the margin ratio for margin transfers to 20% on March 15 8. CBOE submits XRP ETF application for Franklin 9. Market news: The US SEC is discussing whether XRP is a commodity 10. The U.S. Treasury Department met with three crypto companies to discuss the Bitcoin reserve custody plan 11. Arkham: The U.S. government marked the address to transfer $5,500 worth of AVAX tokens to a new wallet 12. Ethereum will launch the Hooli testnet on March 17 13. The Trump family is negotiating a stake in Binance.US 14. The asset size of BlackRock BUIDL Fund exceeded $1 billion 15. Strategy's preferred stock STRK has risen 3% from early February, with lower volatility than MSTR and Bitcoin 16. The U.S. PP1 monthly rate in February was 0%, expected to be 0.3%, and the previous value was revised from 0.4% to 0.6%, the smallest increase since July 2024 17. Bitcoin staking platform Solv raised $10 million for its Bitcoin reserve issuance 18. The number of initial jobless claims in the United States for the week ending March 8 was 220,000, expected to be 22.5 10,000 people, the previous value was revised to 222,000 people 19. Jupiter Lianchuang disclosed that it is carrying out the third iteration of smart slippage "RTSE' 20. Jupiter launched the community verification system Smart CT Likes, supporting "likes" to increase Solana ecological tokens 21. Trump's encryption project WLFI increased its holdings of $100,000 SEI this morning 22. Coinbase Chief Legal Officer: Vermont regulators withdraw the lawsuit against Coinbase's pledge service 23. ZKsync announced the suspension of the incentive plan lgnite, responding to the bear market with a more conservative spending attitude 24. The Ethereum mainnet Pectra upgrade may be implemented as early as April 25, depending on the status of the new testnet Hoodi

According to Odaily, Benjamin Cowen, founder of Into The Cryptoverse, has drawn parallels between the current situation of Ethereum (ETH) and the conditions in 2019. He suggests that a shift in the Federal Reserve's monetary policy might be necessary for the ETH/BTC exchange rate to reach a bottom and rebound. In 2019, ETH's price fell below its support level coinciding with the end of the Federal Reserve's quantitative tightening policy. During that cycle, market participants found it challenging to profit due to the unchanged monetary policy. In the previous cycle, a change in monetary policy was observed a year before the halving event. Currently, we are a year post-halving, yet the quantitative tightening policy remains largely unchanged. The Federal Reserve has only slightly reduced its scale and slowed its pace, but has not fully halted the policy.

Odaily Planet Daily News: Tim Beiko, head of protocol support at the Ethereum Foundation, updated the latest information about the Pectra upgrade on X. 1) A new long-term testnet, Hoodi, will be launched on March 17, and the testnet will perform the Pectra upgrade test on March 26; 2) After Hoodi successfully performs the Pectra upgrade test, the mainnet upgrade time will be decided, which is expected to be at least 30 days after the test upgrade (April 25 or later). 3) The Fusaka plan will be implemented simultaneously, with the deadline for proposing EIPs being March 24 and the tentative freeze date for the upgrade scope being April 10.

Odaily Planet Daily News Into The Cryptoverse founder Benjamin Cowen said that the current situation of ETH is similar to that in 2019, and changes in the Fed's monetary policy may be needed to make the ETH/BTC exchange rate bottom out and rebound. In addition, the price of ETH fell below its support level in 2019, just before the Fed ended its quantitative tightening policy. People feel that it is very difficult to make money in this cycle because the monetary policy of this cycle has not changed. In the previous cycle, the market witnessed a shift in monetary policy a year before the halving. At this stage, it is a year after the halving, but the quantitative tightening policy has not changed. The Fed has only slightly reduced its scale and slowed down its pace, but it has never really stopped.

Odaily Planet Daily News ZKsync officially announced that it will cancel the second season of the incentive program Ignite and will gradually terminate the program by closing the rewards for the 6th period of the first season from March 17. ZKsync explained that the market is currently in a bear market environment. Like other ecosystems, ZKsync decided to take a more conservative approach to spending in the medium and short term to cope with changing market conditions. All remaining rewards will be distributed as planned before Monday, March 17, 2025. After the distribution is completed, no new incentives or rewards are planned.

US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service.Vermont’s Department of Financial Regulation said in a March 13 order that in light of the US Securities and Exchange Commission tossing out its case on Feb. 28, it would follow suit and rescind its action against Coinbase... source: https://cointelegraph.com/news/vermont-dismisses-staking-lawsuit-against-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily Planet Daily News Coinbase Chief Legal Officer Paul Grewal posted on the X platform that today Vermont withdrew its pledge service lawsuit against Coinbase. As we have always said, pledge services are not securities. Congress must seize the momentum of bipartisan cooperation in the Senate and the House to pass comprehensive legislation that takes into account new features of digital assets (such as pledge).

Odaily Planet Daily News According to the monitoring of chain data analyst Yu Jin, the 50x leveraged whale on Hyperliquid opened a 25x long position on ETH on Hyperliquid again 5 hours ago, and closed the position 1 hour ago, making a profit of 1.18 million. The address transferred 4.03 million USDC to Hyperliquid as margin at 4 am Beijing time, and opened 50,000 ETH (about 93 million US dollars) at a price of 1,856 US dollars with 25x leverage. It closed the position at an average price of 1,880 US dollars an hour and a half ago (7 am), and finally earned 1.18 million US dollars.

March has so far been an extremely volatile month for Bitcoin, with the past 13 days recording sharp price swings ranging between $95,000 and $78,000. However, despite these fluctuations, liquidity played a key role in stabilizing the market, particularly by minimizing the duration of price dips below $80,000. Market depth, a critical liquidity metric, measures […] The post Deep liquidity... source: https://cryptoslate.com/deep-liquidity-cushioned-bitcoins-price-during-march-volatility/

Discover the incredible journey of MrBeast, from viral video creator to crypto and business mogul. Still, his story is never short of controversies whilst his climb up to success.