Binance opens its first vote to list coins Trump will attend US Digital Assets Summit
Reprinted from jinse
03/20/2025·2MHeadlines
▌Binance starts its first voting and coin listing event
Binance announced the launch of its first voting coin listing activity. After completing the official due diligence and procedures, two tokens will be selected from the following to list on Binance: BANANAS31 (Banana For Scale), BID (CreatorBid), Broccoli (Broccoli; F3b), Broccoli (CZ'S Dog), KOMA (Koma Inu), SIREN (SIREN), mubarak (mubarak), TUT (Tutorial), WHY (why).
▌Trump will attend the US Digital Assets Summit
U.S. President Trump will speak at the New York Digital Assets Summit (DAS) this Thursday, the first time in history that an incumbent president has spoken at the cryptocurrency industry conference. Earlier, Bo Hines, executive director of the White House President's Digital Assets Advisory Committee, said that the Trump administration plans to establish strategic Bitcoin reserves and actively hoard Bitcoin "accumulate assets for the American people." The meeting also attracted many political and industry leaders, including Councillors Ro Khanna, Tom Emmer, MicroStrategy CEO Michael Saylor and Ripple CEO Brad Garlinghouse. Trump's speech will be broadcast live through X and YouTube.
Quotes
As of press time, according to Coingecko data,
BTC's recent transaction price is US$86,754.99, with an intraday increase of +4.3% ;
ETH's latest transaction price is US$2,045.68, with an intraday increase and decline of +5.2% ;
BNB's recent transaction price is US$618.37, with an intraday increase and decrease of -1.2% ;
SOL's latest transaction price is US$134.88, with an intraday increase of +6.9% ;
DOGE's recent transaction price is US$0.1774, with an intraday increase of +4.9% ;
XPR's recent transaction price is US$2.53, with an intraday increase and decrease of +9.6 % .
policy
▌Dubai launches real estate tokenization pilot, with the market size expected to reach US$16 billion by 2033
The Dubai Land Authority (DLD) announced the launch of a pilot project for real estate tokenization, becoming the first real estate registration agency in the Middle East to use blockchain technology to manage real estate ownership proofs. The project was jointly developed by the Dubai Land Authority, together with the Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation (DFF). The Dubai Land Bureau predicts that by 2033, tokenized real estate transactions will reach AED 60 billion (about US$16 billion), accounting for 7% of the city's total real estate transactions. Marwan Ahmed Bin Ghalita, Director General of Dubai Land Bureau, said the project will "simplify and improve the process of local real estate purchases and investments". The Land Bureau is currently working with technology companies to improve the pilot project and will gradually expand the scale.
Source: Trump will announce his subsequent encryption policy at the US Digital Assets Summit
According to source Eleanor Terrett, Trump will announce his follow-up encryption policy at the U.S. Digital Assets Summit. Previously, Trump will give a speech at the New York Digital Assets Summit (DAS) this Thursday, the first time in history that an incumbent president has spoken at the cryptocurrency industry conference.
****▌Trump plans to deliver a speech at the Digital Assets Summit in a recording format at 10:40 am EST on Thursday
According to source Eleanor Terrett, Trump plans to give a speech at the Digital Assets Summit in a recording format at 10:40 a.m. ET on Thursday. Eleanor Terrett previously said that Trump is expected to announce his subsequent encryption policy at the US Digital Assets Summit.
Blockchain application
▌Deutsche Telekom MMS becomes ZetaChain Verification
Telekom MMS, a subsidiary of Deutsche Telekom, has become a ZetaChain validator, improving ZetaChain network security by using Deutsche Telekom’s proprietary infrastructure stack, Open Telekom Cloud (OTC), which will also provide developers building common applications with access to decentralized and enterprise-level Layer1 infrastructure.
▌TimBeiko: The new Ethereum test network Hoodi has been launched
On March 19, Ethereum core developer TimBeiko announced that the new test network Hoodi has been launched to help complete the Pectra test. The Pectra upgrade will be launched on the Hoodi test network next Wednesday, and the Ethereum test network Holesky will be maintained until September.
Cryptocurrency
▌XRP surpassed Airbus and rose to 130th global asset ranking
8MarketCap data shows that XRP's market value may rise 12.63% in 24 hours, currently hitting US$147.07 billion, surpassing Airbus, Unilever, Tether, etc., and rising to the 130th global asset ranking.
▌Hyperliquid 50 times leverage giant whale closed its long position MELANIA and opened short BTC again 40 times
According to on-chain analyst Ember Monitor, Hyperliquid closed its long positions on MELANIA, making a profit of US$87,000. Then re-opened BTC short orders: Currently, 690,000 USDC is used as margin 40 times short 326 BTC (worth $27.62 million). The opening price is US$84,566 and the liquidation price is US$85,545.
Volatility Shares launches two ETFs that track Solana futures
Bloomberg ETF analyst Eric Balchunas posted on the X platform that Volatility Shares has launched two ETFs that track Solana futures: Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2X Solana ETF (SOLT), with rates of 0.95% and 1.85%, respectively. The launch of this product may pave the way for spot Solana ETFs, and spot Solana ETFs are expected to be approved this year.
▌View: The ruling on Ripple case last August is still valid. If the fine is to be revoked, Ripple may need to appeal
FOX Business reporter Eleanor Terrett posted on X platform that Judge Torres's ruling on the Ripple case remained valid last August, meaning Ripple still has to pay a $125 million fine. While SEC in principle agreed to waive appeals for programmatic/secondary market sales, Ripple has not yet agreed to waive its appeal to a $125 million fine and ongoing injunction that prevents it from selling XRP to institutional investors without registering these sales as securities. Technically, Ripple is now the plaintiff, not the defendant, the source said. Ripple has the option to continue appealing fines and injunctions or to revoke them.
Important economic trends
▌Institutions: The market may suffer deeper sales before waiting for Trump and the Fed
Although volatility is gradually rising, signs of bear markets are not obvious, but investors may have to endure a bigger decline if they want to get support from Trump or the Fed. Karim Chedid, head of investment strategy at BlackRock, said on Tuesday that the "Feder put options" could be cancelled as the central bank could maintain higher interest rates for longer in the context of sticky inflation. In addition, compared with the first time, the president's concern for the stock market in the Trump 2.0 era has decreased. Lindsay Rosner, head of investment at Goldman Sachs, said the Trump administration is focusing on the 10-year Treasury yield. “If the yield reaches around 5.5%, I think it will cause concerns.” “I think it’s a much farther question than what people thought two months ago when the central bank will intervene and when the U.S. government will care.”
Bannockburn analyst: For the dollar, Fed officials ' rhetoric and forecasts may be more important than interest rate decisions
Bannockburn analyst Marc Chandler wrote that for the market, comments and forecasts by Fed officials may be more important than their interest rate decisions. The central bank is expected to keep interest rates unchanged and update its economic forecasts. Chandler said Fed Chairman Powell may be asked about the impact of tariffs on the economy, but he “could reiterate his recent assessment that the economy is in a position to allow central banks to remain patient.” In addition, Chandler attributed the dollar's strength today to short cover.
▌The Federal Reserve continues to maintain interest rates unchanged, in line with market expectations
The Federal Reserve kept the benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations. The Fed has cut interest rates in a row since September 2024, which is the second time the Fed has kept interest rates unchanged since January this year.
▌FOMC Statement: The Federal Reserve will start slowing down balance sheet shrinking on April 1
The Fed will start slowing down its balance sheet shrinking on April 1, according to a statement from the Federal Reserve. The upper limit of U.S. Treasury share reduction was slowed from US$25 billion/month to US$5 billion/month, and the upper limit of MBS share reduction was maintained at US$35 billion/month.
▌ Circle casts about 250 million USDCs on Solana
According to Cointelegraph monitoring data, Circle has cast about 250 million USDCs on Solana.
Golden Encyclopedia
▌What is a cold wallet?
Cold wallet is a cryptocurrency storage method that stays offline and disconnects from the internet. This setup makes it more difficult for hackers to access funds remotely. Examples include: hardware wallets (such as Ledger, Trezor), paper wallets, isolated computers (devices that have never been connected to the internet).
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