Golden Web3.0 Daily | Trump builds strategic Bitcoin reserves

DeFi data

1. Total market value of DeFi tokens: US$98.896 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$7.696 billion

Source of transaction volume data from decentralized exchanges in the past 24 hours: coingecko

3. Locked assets in DeFi: US$97.347 billion

DeFi project locked assets ranking and locked positions data source: defilama

NFT data

1.NFT total market value: US$19.613 billion

NFT total market value and market value top ten projects data source: Coinmarketcap

224-hour NFT trading volume: US$ 2.023 billion


NFT total market value and market value top ten projects data source: Coinmarketcap

Top NFTs within 3.24 hours

NFTs with the top ten sales gains within 24 hours Source: NFTGO

Headlines

Trump signs executive order to build strategic bitcoin reserves

David Sacks, director of AI and cryptocurrency at White House, said on social media, "Just a few minutes ago, President Trump signed an executive order to establish a strategic Bitcoin reserve. The reserve will capitalize Bitcoin owned by the federal government, which is part of a criminal or civil asset forfeiture process. This means it won't cost taxpayers a penny. The U.S. government is estimated to own about 200,000 bitcoins; however, a full audit has never been conducted. The executive order requires a comprehensive accounting of the federal government's digital asset holdings. The U.S. will not sell any bitcoins deposited in the reserves. It will be retained as a means of value storage. In addition, the executive order has established a U.S. digital assets reserve that includes digital assets other than Bitcoin confiscated in criminal or civil litigation. The government will not acquire other assets for reserve assets other than assets acquired through the forfeiture process. The purpose of the reserve is to manage government digital assets under the leadership of the Treasury Department."

MEME hot spots

1. Analysis: Trump 's crypto project makes at least $350 million by launching TRUMP coins

According to the Financial Times, Trump's cryptocurrency project made at least $350 million by launching the TRUMP meme coin. The media's analysis of blockchain data shows that the project operating entities earned the revenue from the sale of tokens within three weeks of the launch of TRUMP in January, including $314 million in token sales revenue and $36 million in handling fees. In addition to the $350 million earned by selling TRUMP directly on Solana, Trump may also earn more money by selling a small number of tokens on cryptocurrency exchanges such as Binance.

2. Binance reserve update in March 2025: New TRUMP is added, and the reserve rate of 35 tokens exceeds 100%.

According to March 7, Binance released a proof of reserve funds for March 2025. As of March 1, the Binance platform's BTC reserve ratio reached 100.77%, the ETH reserve ratio was 100.00%, the USDT reserve ratio reached 104.42%, and the BNB reserve ratio reached 110.92%. In addition, Binance Reserves proved that TRUMP currency was added this time, with the reserve ratio reaching 100.38%. Binance reserves have covered a total of 35 tokens so far, with reserve ratios exceeding 100%.

DeFi hotspots

1.IntoTheBlock: More than $500 million in Ethereum flows from the exchange this week

According to IntoTheBlock data, Ethereum, worth more than $500 million, was withdrawn from cryptocurrency exchanges this week, indicating that ETH traders are still maintaining a strong accumulation trend.

2.TON Ventures plans to form a research team in the field of AI and encryption

On March 7, TON Ventures director Howard Peng posted a statement saying that he is considering forming a research team focusing on the field of AI and cryptocurrency integration, and plans to explore product market fit (PMF) on Telegram.

3.MetaDAO Lianchuang: Disapprove of SIMD-0228 improvement proposal, and attention should be paid to dynamic basic expenses

Nallok, co-founder of MetaDAO, Solana Ecological Governance Project, tweeted, "For the SIMD-0228 improvement proposal, I think what we are seeing here is the wrong values, and we should focus on dynamic underlying expenses (calculation and network costs). Inflation should be controlled by direct payments to attract share. While I am happy about everyone's interest in SIMD-0228, I don't think it's something we need to focus on. I believe this will likely achieve its goals, but it may not reach the scale it hopes. If people want to see this happen, I suggest reducing the impact in half, we can always look back, considering that implementation may take some time, we can be highly confident that this will go as expected and we can accelerate further through future proposals if necessary."

4. Fortytwo’s $2.3 million Pre-Seed round of financing for decentralized AI network

On March 7, according to official news, decentralized AI network Fortytwo announced that it had completed a $2.3 million Pre-Seed round of financing, led by Big Brain Holdings, and CMT Digital, Escape Velocity, Chorus One and mentatgroup participated. According to reports, Fortytwo is a decentralized AI network that utilizes group intelligence by connecting consumer devices running small AI models. This approach enables scalable and cost-effective AI reasoning without relying on a centralized data center. By installing nodes on personal computers, users can contribute to the global AI infrastructure, and each additional node enhances the intelligence of the network.

5.Movement may be launched on the main website on March 10

According to Golden Finance, Movement released a video trailer and may be launched on the main website on March 10.

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