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Cointime March 17th News Express

1.Derivatives trading platform D2X completed US$10 million in Series A financing, led by Point72 Ventures2.6 wallets received ARB from the vesting contract and deposited 8.95 million ARB to Binance3.BOME TOP1 holders will sell 190 million BOME for the first time, making a profit of US$3.76 million4.Manta Network joins hands with ether.fi to launch the first phase of Restaking Paradigm, staking ETH to earn double EtherFi airdrop points5.A giant whale took out 1,000 MKR from Aave and sold them in batches, worth $2.88 million6.Bitcoin fee income was only about $20.3 million this week, a drop of more than 33%7.BOME Token Price Surge Reflects Cryptocurrency Market Dynamics8.ETHVietnam anonymous MACI voting is officially launched. This is the first time aMACI voting technology has been used in a large-scale encryption event.9.Bitcoin Whales Withdraw Massive BTC Reserve From Exchanges, Impacting Bitcoin Price Surge10.USDC circulation increased by 1.3 billion in the past 7 days

BTC falls below $65,000

The market shows BTC has fallen below $65,000 and is now trading at $64,999.9, with a daily decline of 6.08%. The market is volatile, so please be prepared for risk control.

Runestone has completed all airdrops, and the price of Magic Eden is temporarily at 0.0218 BTC.

On March 16th, according to data from Magic Eden, Runestone has completed all 112,383 airdrops, and the current floor price is temporarily reported as 0.0218 BTC. The cumulative trading volume has exceeded 206.6358 BTC, and the number of holding addresses is close to 98,000.

El Salvador President Nayib Bukele announced the purchase of 1 BTC and deposited it in a cold wallet

Salvadoran President Nayib Bukele stated on social media that one Bitcoin per day plan has just been deposited today. Data shows that El Salvador holds 5,690 Bitcoins.

Quantum Cats “cat0396” Successfully Auctioned at Sotheby’s for 1.8 BTC

Quantum Cats "cat0396" was successfully auctioned off at Sotheby's for 1.8 BTC, equivalent to approximately $127,000. Cat0396 is a rare NFT in the Bitcoin NFT series, with a chain inscription number of 53,786,256. This work was created in 2024 and is unique among the 3,333 works in the Quantum Cat series. It was engraved in 2024 and is currently the only Quantum Cats with a golden cape, which is said to be exchangeable for Golden Capes in the future.

Bitcoin wallet Xverse will airdrop 112,383 Runestones to its users

According to official sources, Bitcoin wallet Xverse has announced that it is airdropping 112,383 Runestone tokens to its users. Additionally, Xverse has announced the launch of its first Runestone forging application on the test network, which supports one-click forging of runes, tracking of rune balances, and will later support users deploying their own runes.

Bitcoin Ecosystem DeFi Project bitSmiley to Collaborate with Unisat to Co-Build BRC20 Stablecoin Ecosystem

In an exclusive joint AMA session held on the evening of March 15th between bitSmiley and Unisat, significant developments were unveiled. bitSmiley announced its participation in proposing a new protocol to support the minting and burning functionalities of the BRC20 standard.

Bitcoin Drops as Inflation Data Surges Higher Than Expected

Bitcoin's price has dropped nearly 3% in the last 24 hours following news that inflation in February was higher than expected. The producer price index rose 0.6% last month, indicating that inflation is not going away anytime soon. As a result, stocks, particularly tech stocks, have also dropped. Investors are hoping that the Federal Reserve will cut interest rates by May, which could cause Bitcoin's price to continue to surge.

Bitcoin contract open interest reaches $33.94 billion, a record high

According to SoSo Value data, on March 13th, the Bitcoin futures open interest reached a new all-time high. As of the time of writing, the Bitcoin futures open interest has reached $33.94 billion, surpassing the second-highest point in November 2021 of $23.04 billion. At the same time, the Bitcoin funding rates on mainstream exchanges including Binance and OKX have also reached a new high not seen since the beginning of 2023.

Bitcoin briefly fell below $71,000, with a 24-hour drop of 1.29%

According to OKX market information, Bitcoin briefly fell below $71,000 and is currently priced at $71,468, with a 24-hour decline of 1.29%.