March 7th news, according to Arkham monitoring, 672.574 BTC worth $59.79 million was transferred to an unspecified address 7 minutes ago.

According to Lookonchain monitoring, today 10 Bitcoin ETFs net outflowed 1,537 Bitcoins, worth about $138 million. Among them, iShares Bitcoin ETF under BlackRock's banner flowed out 689 Bitcoins (about $61.7 million).

According to the official announcement, Binance announced the launch of the "Vote for Coin Listing" and "Vote for Coin Delisting" community governance mechanisms. Users can vote for their favorite coin listing projects, and projects with the highest number of votes and passing the review will be listed on Binance. Users can also vote to delist projects in the monitoring area that lack product development updates, have inactive communities and teams, fail to update progress regularly, add token supply without proper procedures, or pose significant risks to users.

US stock market opened with the three major indices opening lower, with the Dow Jones falling 0.42%, the S&P 500 falling 0.28%, and the Nasdaq falling 0.2%.

Geoff Kendrick, head of digital asset research at Standard Chartered Bank, proposed that the United States could purchase Bitcoin by selling part of its $760 billion gold reserves as a "budget-neutral" source of funds for a newly established Strategic Bitcoin Reserve (SBR). This proposal comes shortly after President Trump signed an executive order requiring the government to acquire Bitcoin without increasing the burden on American taxpayers.

US President Trump posted on Truth Social, saying, "I am strongly considering imposing large-scale banking sanctions, (other) sanctions, and tariffs on Russia until a ceasefire and final peace agreement are reached. Russia and Ukraine, sit down at the negotiating table now, or it will be too late. Thank you!!!"

BNB Chain will implement the Pascal hard fork upgrade on the mainnet at 02:10 UTC on March 20 (10:10 Beijing time). The upgrade was successfully implemented on the testnet on February 25, making BNB Chain one of the earliest blockchains to adopt the EIP-7702 Ethereum Virtual Machine upgrade.

According to the official announcement, Binance has added an observation tag to the GoPlus Security (GPS) token. This decision was made due to the significant price drop of the token after its spot listing, as well as abnormal market behavior by a market maker.

Bitcoin (BTC) saw a 4% increase on Mar, 7 despite initial disappointment over the US Strategic Bitcoin Reserve. Data from Cointelegraph Markets Pro and TradingView indicated BTC/USD recovering from lows of $84,713 on Bitstamp. The Reserve will only consist of confiscated coins, not new BTC, as part of a strategy to maximize the value of the government's holdings. President Trump signed an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. Market reactions were mixed, with some seeing the news as a disappointment while others remained bullish on Bitcoin's future.

According to the Financial Times of the United Kingdom, Trump's cryptocurrency project made at least $350 million by launching the TRUMP meme coin. Analysis of blockchain data by the media shows that the project's operating entity generated this revenue by selling tokens in the three weeks after TRUMP was launched in January of this year, including $314 million in token sales revenue and $36 million in fees. In addition to the $350 million earned through direct sales of TRUMP on Solana, Trump may have also earned more income by selling a small amount of tokens on crypto exchanges such as Binance.

QCP Capital's latest analysis pointed out that, as the market awaits the White House cryptocurrency summit, Trump signed an executive order in advance to establish a "Strategic Bitcoin Reserve and U.S. Digital Asset Reserve." Although this move was widely expected to benefit Bitcoin, the market showed a typical "sell the news" reaction, with the price of Bitcoin dropping from $90,000 to $85,000 after the signing.

On March 7th, news came that Manus founder and CEO Xiao Hong said in an interview with Tencent Technology that, as of now, Manus' parent company, Butterfly Effect, has completed two rounds of financing, with a total scale of over 10 million US dollars. The first round of investors was ZhenFund (ZhenFund was Xiao Hong's angel investor in his previous venture, and they invested all the money earned from Xiao Hong's previous project into this project); the second round of investors include Sequoia China, Tencent, ZhenFund, and Wang Huiwen. In 2023, under the matchmaking of investors, the company introduced core members such as Ji Yichao (former founder and CEO of PeakLabs, now Chief Scientist of ManusAI) and Zhang Tao (former product manager of Beyond Light Years, now Product Manager of ManusAI).

On March 7th, Binance released the reserve proof for March 2025. As of March 1st, Binance's BTC reserve ratio reached 100.77%, ETH reserve ratio was 100.00%, USDT reserve ratio reached 104.42%, and BNB reserve ratio reached 110.92%. In addition, Binance's reserve proof this time added the TRUMP currency, with a reserve ratio of 100.38%. As of now, Binance's reserve proof covers a total of 35 tokens, all with reserve ratios exceeding 100%.

On March 7th, according to TheBlock, Base has acquired the IronFish development team to strengthen its efforts in privacy-focused blockchain solutions. This acquisition is limited to the team only, Base will not acquire the IronFish blockchain or its native token.

Binance announced that starting from 16:00 on March 14, 2025, it will stop supporting the deposit and withdrawal of the following tokens through the designated network:

The market shows BTC falling below $88,000, now trading at $87,995.97, with a 24-hour decline of 3.64%. The market is fluctuating significantly, please manage your risks.

U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Zach Pandl, research director at Grayscale Investments, believes that Bitcoin does not need a strategic reserve in the United States to further appreciate this year. He expects that as adoption rates increase, the price of Bitcoin will be pushed higher. At the same time, Bitcoin will begin to act as a store of value this year, especially in light of concerns that Trump's tariff policies may lead to a resurgence of inflation.

Spot gold touched $2920 per ounce, up 0.31% on the day.

Manus co-founder and chief scientist Yichao Peak Ji issued a statement on X, stating: "Our official X account (@ManusAI_HQ) was unexpectedly frozen yesterday. We are actively working with the X team to resolve this issue. Initial observations indicate that this freeze may be related to third-party mentions of cryptocurrency scams. To clarify: Manus has never been involved in cryptocurrency projects, token issuance, or blockchain plans, and any cryptocurrency companies with similar names claiming to be associated with us are fraudulent. We are taking legal action against these imposters and encourage users to report suspicious accounts." (Jinshi)

Musk's large language model Grok replied on Twitter: As Grok, I suggest using "GrokCoin" as the name of the memecoin - it is both fun and related to my AI identity, and it is also attractive to cryptocurrency enthusiasts. Meme coins usually draw inspiration from internet trends and humor, such as Dogecoin's dog meme origins, and can gain attention through community participation on platforms like X. Subsequently, someone guided Grok to reply through a comment with the same name grokcoin and posted the contract address, and later this person deleted the guided comment.