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The Securities and Exchange Commission (SEC) lawsuit against XRP (Ripple) in the United States is entering its final stages and may soon reach a protocol conclusion. The XRP legal team is negotiating more favorable terms regarding the court ruling, which imposes a $125 million fine and injunction, preventing the company from selling XRP to institutional investors.

iClick Interactive Asia Group Limited announced a merger with Amber DWM Holding Limited and received final approval from NASDAQ. The merged entity will be renamed as 'Amber International Holding Limited', with the new stock code 'AMBR', and will start trading on the NASDAQ Global Market from March 13, 2025. The merged subsidiary will combine with Amber DWM, which will become a wholly-owned subsidiary of the company.

The futures of the three major U.S. stock indexes have expanded the rise, with the Nasdaq 100 index futures seeing an increase of 1%. The futures of the three major U.S. stock indexes have expanded the rise, with the Nasdaq 100 index futures seeing an increase of 1%, Dow Jones futures rising by 0.63%, and S&P 500 index futures rising by 0.83%.

MGX Chairman Tahnoon bin Zayed is the Deputy Prime Minister and National Security Advisor of the UAE, overseeing two sovereign wealth funds with assets of $1.4 trillion. MGX is a UAE state-owned artificial intelligence technology investment company aimed at managing $100 billion in assets to accelerate the development and application of artificial intelligence and advanced technologies.

Abu Dhabi investment firm MGX invests $20 billion in CEX, setting a new record in the encryption industry. On March 12, CEX and Abu Dhabi's artificial intelligence and advanced technology investor MGX announced a landmark $20 billion investment. This investment is the first institutional investment CEX has received to date, marking a significant step for CEX in promoting the adoption of digital assets and strengthening the role of blockchain in global finance. This is not only the largest single investment in encryption companies, but also the largest investment ever made in Cryptocurrency (stablecoin) payments.
This investment marks MGX's first foray into the Crypto Assets and blockchain space, as part of a broader strategy to support the transformative impact of blockchain on society by acquiring a minority stake in CEX. By collaborating with industry leaders, MGX aims to drive the convergence of artificial intelligence, blockchain technology, and finance.

Canadian Finance Minister: Starting from March 13, Canada will impose a 25% retaliatory tariff on US goods worth 298 billion Canadian dollars. Canadian Finance Minister: Starting from March 13, Canada will impose a 25% retaliatory tariff on US goods worth 298 billion Canadian dollars.(Jinshi)

Russian banks plan to allow a limited group of investors to participate in Crypto Assets trading, requiring individuals to have investments exceeding 100 million rubles or annual income exceeding 50 million rubles. Institutions can also participate in trading, aiming to establish standards, increase transparency, and provide more investment opportunities for experienced investors.

On March 12, according to official sources, Rumble, a Nasdaq-listed video sharing platform invested by Tether, has spent $17.1 million to purchase BTC (BTC), adding 188 BTC to its corporate funds at an average price of $91,000. Rumble's stock price closed down 2.38% on the previous trading day and rose nearly 4% in pre-market trading to $8.1.

K33 Research analysts believe that the executive order issued by President Trump will not affect the United States' strategic BTC reserves, and the Treasury Department will assess relevant legal and investment factors. Possible strategies include using forex stabilization fund surplus or selling special drawing rights. The White House statement states that taxpayer money will not be used to increase BTC holdings, but the Treasury Department can devise budget-neutral strategies to acquire BTC. Trump has not confirmed that he will no longer increase BTC holdings.

After making a profit of $1.86 million by closing 175,000 ETH long positions with 50x leverage 'Whale', he then bought 2,163 ETH with $4.14 million USDC and 435.11 PAGX with $1.284 million USDC.

According to Lookonchain monitoring, after the "Hyperliquid 50xWhale" closed the ETH long Position and exited with profit, 8 WhaleWallets withdrew 14.35 million USDC from Hyperliquid.

The Monetary Authority of Singapore (MAS) and the State Securities Commission of Vietnam (SSC) announced enhanced cooperation in regulating the Capital Market and digital asset regulatory frameworks to support the development of Vietnam's digital asset regulatory framework.

On March 12, according to official sources, following a comprehensive review by CEX, the following Tokens do not meet the standards of CEX Wallet and will be removed from CEX Alpha, including: FAI, METAV, MLG, MONKY, PSTAKE, WHALES, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER, ELIZA.

On March 12, according to official sources, CEX announced that CEX Alpha has implemented a comprehensive Token review framework to regularly review selected Tokens. Given the inherent volatility and rapid development of the Cryptocurrency industry, CEX's review process facilitates dynamic adjustments to ensure that all projects on CEX Alpha continue to meet market-driven assessment standards. All Tokens in the CEX Alpha section are evaluated within this framework: · Quantitative indicators: volume stability, LiquidityDepth, on-chain transaction frequency, Tokenholder distribution, and other relevant indicators. · Qualitative criteria: project team credibility, regulatory compliance, ecosystem synergy, community visibility, and other relevant factors. Tokens that do not meet these standards will be removed from CEX Alpha.

Zhu Su commented on Wildcat's unsecured borrowing and lending protocol as a short-term commercial paper for market makers and other entities' issuance, believing that the floating price is innovative. The protocol will be helpful to Three Arrows Capital in restructuring, as credit can be traded in the market and used for asset repurchase. In the long term, the default rate tends towards 100%. Similar protocols are also useful for Bitcoin Miners. Wintermute has created the Wildcat V2 market, seeking a $75 million public credit line to support Intrerest Rates for different assets.

21Shares announces dropBTCETH Core ETP ABBA management fee to 0.49% and listing on Xetraexchange. The ETP aims to provide cost-effective Bitcoin and Ethereum investment opportunities for investors, fully backed by Bitcoin and Ethereum. This move will increase ABBA's market availability.

BTC broke below $80,000 on Tuesday, but the relative strength index indicates a possible bullish Rebound. A bullish RSI divergence has emerged, indicating a weakening dumping momentum. Analysts point out that the timing of this phenomenon is interesting, coinciding with the release of the February CPI data in the United States, which is expected to show progress. Both overall CPI and core CPI are expected to pump on a month-over-month basis, indicating weak readings, slightly down from January.

Market sentiment is tense, trade frictions escalate again, new tariffs take effect. The EU plans to impose retaliatory measures on £220 billion worth of goods, VIX index soared to 28 before falling back. The Fed is expected to cut interest rates four times this year. SEC delays approval of CryptocurrencyETF, holding a high-risk roundtable meeting. BTCETF sees net outflows, investors remain cautious.

【The net outflow of USD 347.67 million from the US SpotBTCETF yesterday】According to Trader T monitoring, the net outflow of USD 347.67 million from the US SpotBTCETF yesterday.

On March 12, the Web3 game Bombie successfully ranked in the TOP 2 in the Kaia Mini Dapp user rise competition. Data shows that Bombie is currently the highest-earning game app on the LINE Mini DAPP platform. According to statistics, Bombie's ARPPU (average revenue per paying user) has reached 194 US dollars, a figure similar to well-known Web2 games such as 'League of Legends'.