CryptoNewsmining:THE MOST RELEVANT CRYPTO NEWS AND EVENTS OF THE DAY
Alibaba Research Institute: DeepSeek is a strong support for the value of open source large models
The article from Alibaba Research Institute stated that DeepSeek is a strong support for the value of open-source large models: standing on the basis of open-source large models such as LLaMa and Qianwen, DeepSeek has explored the inherent potential of large models through more ingenious engineering design and achieved performance surpassing. However, on the other hand, if open source is to truly become the dominant development model for large models, another important issue that cannot be avoided is the reform of the risk governance of open-source large models, that is, whether we can innovate open-source governance mechanisms to respond to the risk concerns that may arise after the open source of large models. (Alibaba Research Institute)
Share2025-03-10 19:03:34
Analysis: Monte Carlo model predicts Bitcoin price will peak at $713,000 within 6 months
On March 10th, despite the continued "extreme fear" shown by the cryptocurrency fear and greed index on March 10th, a Bitcoin market simulation still predicts a bullish trend in the second half of 2025. Cryptocurrency researcher Mark Quant analyzed the price of Bitcoin using Monte Carlo simulation and provided a six-month forecast for the cryptocurrency. The Monte Carlo model is a computational method that simulates price predictions and evaluates risks through random sampling. It can generate multiple possible scenarios based on variable factors such as volatility and market trends. Based on an initial price of $82,655, the study estimates the average final price of Bitcoin by the end of September 2025 to be $258,445. However, from a broader perspective, the price of Bitcoin is expected to fluctuate between $51,430 (5th percentile return) and $713,000 (95th percentile return).
Share2025-03-10 19:03:32
A whale deposited 1.94 million USDC into Hyperliquid and then went long on ETH 50 times
According to Onchain Lens monitoring, a whale deposited 1.94 million USDC into Hyperliquid and opened a long position on ETH with 50 times leverage. The whale still has an unfilled limit order to further increase its long position on ETH at $2062 on Ethereum.
Share2025-03-10 18:03:56
ETH breaks through $2,100
The market shows ETH breaking through $2100, now trading at $2100.44, with a 24-hour decline of 3.55%. The market is fluctuating significantly, so please manage your risks.
Share2025-03-10 18:03:55
Stablecoins on Ethereum have added about $1.3 billion in the past 7 days
According to Lookonchain monitoring, in the past 7 days, stablecoins (USDT and USDC) on Ethereum increased by about $1.3 billion, while stablecoins (USDT and USDC) on Hyperliquid decreased by about $77 million.
Share2025-03-10 18:03:54
The whale that once made a profit of $7.13 million with 50x leverage once again went long on ETH at 50x
On March 10th, according to @ai_9684xtpa monitoring, Hyperliquid 50x leveraged long BTC and ETH to profit 7.13 million US dollars. A whale deposited 1.95 million USDC as collateral 40 minutes ago, currently opened a 50x ETH long position, holding 27,809 ETH (approximately 57.88 million US dollars), with an opening price of 2,057.49 US dollars and a liquidation price of 2,008 US dollars.
Share2025-03-10 18:03:53
A whale canceled 8.67 million OM pledge and deposited 7 million OM to Binance
According to SpotOnChain monitoring, after 281 days of silence, a whale canceled a stake of 8.67 million OM 12 hours ago, and then deposited 7 million OM (43.45 million US dollars) into Binance. On April 17, 2024, the whale withdrew 8.81 million OM from Binance at a stake price of only 0.682 US dollars. Now that OM has exceeded 6.1 US dollars, the whale still has 1.67 million OM (10.2 million US dollars) remaining, with an estimated total profit of 47.64 million US dollars (+793%).
Share2025-03-10 18:03:52
CoinShares: Digital asset investment products saw a net outflow of $876 million last week
According to the latest weekly report data from CoinShares, digital asset investment products saw capital outflows for the fourth consecutive week, totaling $876 million. Due to the dual impact of price declines and continued outflows, the total assets under management (AuM) decreased by $39 billion from its peak to $142 billion, the lowest point since mid-November 2024.
Share2025-03-10 18:03:50
Binance launches spot trading pairs such as CHESS/USDC and EGLD/USDC
Binance will launch CHESS/USDC, EGLD/USDC, OSMO/USDC, T/USDC, and UTK/USDC spot trading pairs at 16:00 on March 11, 2025 (GMT+8).
Share2025-03-10 18:03:50
SBI VC Trade, a crypto exchange under SBI, is suspected of purchasing 4,000 BTC
According to @kyle_chasse, the Japanese financial giant SBI Group's cryptocurrency exchange SBI VC Trade has acquired 4,000 BTC, worth $330 million.
Share2025-03-10 18:03:49
Cayman Islands updates its cryptocurrency regulatory framework, virtual asset platforms need CIMA license to provide services
The Cayman Islands has updated its cryptocurrency regulatory framework, with the new licensing rules set to take effect on April 1, 2025. Under the 2025 Virtual Asset (Service Providers) (Amendment) Regulations, all entities providing virtual asset custody and trading platform services will need to obtain a license from the Cayman Islands Monetary Authority (CIMA). Existing Virtual Asset Service Providers (VASPs) must submit a license application within 90 days after the effective date.
Share2025-03-10 18:03:47
Institutional analysis: The dollar is weak and consolidated, and Trump's policy uncertainty continues to exert pressure
On March 10th, it was reported that due to the uncertainty of Trump's policies, the US dollar stabilized after falling last week, but still remains at a weak level. Pepperstone strategist Michael Brown stated in a report that the biggest issue the market is facing is Trump's policies "constantly changing like the wind." Trump's inconsistency on tariff issues makes it difficult for market participants to price risks and accurately predict future policy paths. He said, "Now no one wants to touch US dollar assets." 
Share2025-03-10 17:03:10
$1.8 billion of ETH flowed out of exchanges last week, the highest since December 2022
On March 10th, according to IntoTheBlock data, approximately $1.8 billion worth of ETH flowed out of exchanges last week, marking the highest weekly outflow since December 2022. Despite the ongoing bearish sentiment in the ETH market, this trend indicates that many holders view the current price level as a strategic buying opportunity.
Share2025-03-10 17:03:07
U.S. crypto stocks fell before the market opened, and the ProShares Bitcoin Strategy ETF fell 5.4%
The US stock crypto sector fell before the market, with ProShares Bitcoin Strategy ETF down 5.4% and iShares Bitcoin Trust down 5.5%.
Share2025-03-10 17:03:05
Strategy has lost $3 billion on the 246,876 bitcoins it bought since November last year
According to Lookonchain monitoring, Strategy currently holds 499,096 bitcoins, with a total value of approximately $40.9 billion, and an average purchase price of $66,357. Since November 2024, the company has accumulated a total of 246,876 bitcoins, investing $23.2 billion (current market value is approximately $20.2 billion), with an average purchase price of $94,035, resulting in a book loss of $3 billion.
Share2025-03-10 17:03:03
Nansen: Fastest growing blockchains in the past 30 days: Unichain, Berachain and IOTA
On March 10th, Unichain's active addresses surged by 21,713%, with trading volume increasing by 350%. Berachain's active addresses grew by 453%, with trading volume increasing by 421%. IOTA's active addresses grew by 126%, with trading volume increasing by 138%.
Share2025-03-10 17:03:01
CNBC: Crypto market volatility increases after Trump signs executive order on strategic Bitcoin reserves
According to CNBC, Bitcoin fell on Monday, with market sentiment affected by President Trump's signing of an executive order to create a US strategic Bitcoin reserve. The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and the US government currently has no plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices fell, with investors disappointed by the lack of more aggressive measures in the plan.
Share2025-03-10 17:02:58
Sepolia testnet’s Pectra upgrade encounters error after an attacker uses “edge case” to mine empty blocks
Ethereum recently encountered an issue during the Pectra test on the Sepolia fork, which was exacerbated by an unknown user sending zero-generation token transfers. An Ethereum developer said that the recent Pectra upgrade on the Sepolia testnet encountered an error, and the situation worsened after an attacker exploited an "edge case" causing empty blocks to be mined.
Share2025-03-10 16:03:02
If the US government adopts Michael Saylor's plan, it will hold 5.25 million BTC, which can generate $16 trillion to $81 trillion in revenue in 20 years
Michael Saylor, founder of Strategy (formerly MicroStrategy), suggested at the White House cryptocurrency summit that the U.S. government should acquire 25% of the total Bitcoin supply by 2035 to establish a strategic Bitcoin reserve. Data analysis suggests that if the U.S. adopts Michael Saylor's plan, it would hold 5.25 million Bitcoins, far exceeding Senator Cynthia Lummis's proposal of 1 million Bitcoins, and predicts that by 2045 this reserve could generate $16 trillion to $81 trillion in revenue, potentially helping the U.S. reduce its national debt.
Share2025-03-10 16:02:59
A whale withdrew more than 380,000 AUCTION from Binance in the past two days, with a floating profit of US$465,000
According to Onchain Lens monitoring, in the past two days, a whale withdrew 386,302 AUCTION tokens worth $6.31 million from Binance, currently with a profit of $465,000.
Share2025-03-10 16:02:58
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