2025/3/14 Cryptocurrency Market Hotspots Summary 🚨

PAXG突破3000，Cryptocurrency enters a vacuum period.

Mainstream Market ✨

1: #BTC ETF started to see net outflows again after a net inflow yesterday. Except for IBIT purchases, other institutions have shown selling, with a net outflow of $135 million. Trading volume and price are both very sluggish.

2: #ETH ETF has seen net outflows for a consecutive week, with data much worse than BTC, net outflow of $73.6 million. Since the ETF was approved, ETH has never had an independent market trend; one can only say there are no positive factors to save Ethereum.

3: Altcoins #bnb are highly volatile, driven by news, peaking at $613, while XRP, SOL, and ADA lack strong momentum.

🚦 BTC.D currently at 61.78%, Fear Index at 27 (Fear). The market's volatility is all driven by news. The Wall Street Journal reported that the Trump family intends to acquire Binance US, causing BNB to spike, but CZ tweeted to debunk the authenticity of this event. It can be seen that in a low liquidity environment, the market is easily manipulated.

Hot Events 🔥

1: The SEC has acknowledged Franklin's Solana ETF application. However, SOL's price did not show any volatility; people have demystified stories like ETFs.

2: BlackRock's BUIDL fund received a $200 million allocation from Ethena, with total funds exceeding $1 billion. This fund is jointly issued by BlackRock and Securitize, supported by U.S. Treasury bonds.

3: Coinbase's Chief Legal Officer stated that Vermont has withdrawn its lawsuit against Coinbase's staking services, which is very positive news for Ethereum ETF staking and some subsequent related cryptocurrency staking.

4: WIFI has completed the sale of all tokens, totaling two rounds. The first round sold 20% at 0.015, followed by an additional round selling 5% at 0.015, raising a total of $550 million. It's unclear how this project will be operated in the future.

5: Robinhood has launched PENGU POPCAT and PNUT; such significant positive news has not reflected in the K-line, indicating that the market has become extremely quiet.

🚦 Recently, everyone has been continuously posting reviews or summaries. After the PVP market passed, the market directly cooled down, and VC coins continue to stagnate. The market lacks innovation and discussions about the future. Aside from discussions about bull and bear markets, I believe the development cycle of the industry has reached a turning point. After the short-term pessimism, when will revolutionary innovations similar to DeFi Summer emerge? I encourage all leaders to discuss more.