Next weeks highlights
March 10
MegaETH will deploy the testnet on March 6 and start accepting users on March 10 ;
March 11
U.S. Congressman: Major Bitcoin policy events will be announced next Tuesday ;
March 12
The US will release CPI data for February at 20:30 on March 12 ;
From March 10 to March 16, more noteworthy events in the industry are previewed below.
March 10
Odaily Planet Daily reported that according to Fox Business News reporter Eleanor Terrett, according to three Senate aides familiar with the matter, Republican members of the Senate Banking Committee are considering reviewing and revising the stablecoin bill (GENIUS Act) proposed by Senator Hagerty during the week of March 10.
Odaily Planet Daily News: Bitget Launchpool project ELX has been opened for investment. As of press time, the current BGB bonus pool yield is temporarily reported at 108.75% APR, and the DEUSD bonus pool yield is temporarily reported at 142.43% APR. The lock-up opening time is from 18:00 on March 7 to 18:00 on March 10 (UTC+ 8).
Odaily Planet Daily News Movement released a video on X, which seemed to be a preview of the official launch of the public mainnet on March 10. A user asked in Discord whether this meant that users could receive the airdropped tokens on the mainnet on that day. Craesol, a member of the Movement team, replied with Later, and it is expected that they will still have to wait.
Earlier in late January, Movement had launched its developer mainnet, and earlier this month, Movement co-founder Rushi Manche said the public mainnet had been launched internally and would be launched immediately after the bridge security procedures were completed.
MegaETH will deploy the testnet on March 6 and start accepting users on March 10
Odaily Planet Daily News MegaETH announced on the X platform that this week is the testnet launch week. The following are the specific arrangements: The testnet will be deployed on March 6, and exclusive access support will be provided to application and infrastructure teams from March 6 to March 10. Users will start to join on March 10. The current testnet will provide users with 1.68 Ggas/second single-threaded performance and 15 milliseconds effective block time, and more functions will be expanded in the future. In order to reduce the problem of public faucets, the testnet ETH will be distributed directly to the wallets of participants during the access phase (March 10).
According to official news from Odaily Planet Daily, PancakeSwap announced that its simple pledge product will be offline at 8:00 on March 10, 2025. Users are requested to withdraw funds in time. This move aims to simplify products and focus on providing more sustainable and influential products to the community.
March 11
U.S. Congressman: Bitcoin policy-related events will be announced next Tuesday
Odaily Planet Daily reported that Alaska Congressman Nick Begich posted on the X platform, Now is the time for the United States to become the first Bitcoin superpower; I am working on a big thing with (US crypto-friendly senator and chair of the US Senate Banking Digital Assets Subcommittee) Cynthia Lummis. Stay tuned and it will be revealed next Tuesday.
The news has been forwarded and confirmed by Cynthia Lummis.
Binance will delist multiple leveraged trading pairs on March 11, 2025
Odaily Planet Daily reported that according to the official announcement, Binance Margin will delist the following leveraged trading pairs at 06:00 (UTC) on March 11, 2025: Full-position leveraged trading pairs: CATI/FDUSD; Isolated-position leveraged trading pairs: ATA/BTC, CATI/FDUSD, XAI/FDUSD.
As of this announcement, users will no longer be able to transfer assets of the above trading pairs to isolated margin accounts through manual transfer and automatic transfer modes. If users have outstanding liabilities for the above tokens, they can only manually transfer assets up to the amount of the liabilities of the tokens to isolated margin accounts. On March 5, 2025, 06:00 (UTC), Binance Margin will suspend the lending function of the above isolated margin trading pairs. On March 11, 2025, 06:00 (UTC), Binance Margin will close users positions, perform automatic settlement, and cancel all pending orders for the above cross margin and isolated margin trading pairs. These trading pairs will then be removed from Binance Margin. Users can still trade other available trading pairs on Binance Margin. Binance recommends that users close their positions or transfer assets from margin accounts to spot accounts before the cessation of margin trading at 06:00 (UTC) on March 11, 2025. Binance is not responsible for any potential losses.
March 12
The US will release the February CPI data at 20:30 on March 12.
Odaily Planet Daily News: The most important economic data in the coming week is the US CPI inflation report for February, which will be released on Wednesday. These inflation reports will be the last batch of important data before the next Fed meeting on March 18-19. The previous non-farm payrolls have heightened concerns about the resilience of the US economy. Morgan Stanley and Goldman Sachs have lowered their growth expectations for the US economy. If inflation remains strong, the voices that believe in stagflation in the US will be louder.
Samourai Wallet pretrial hearing to be held on March 12, 2025
Odaily Planet Daily reported that the pre-trial hearing related to the Bitcoin privacy wallet Samourai Wallet was postponed from December 17 to March 12, 2025, a 90-day extension. The trial date has been set for November 3, 2025.
Odaily Planet Daily News: SBI VC Trade, a crypto exchange under the Japanese financial giant SBI Group, announced on March 4 that it had completed the first registration in Japan for electronic payment methods and other trading practitioners related to stablecoin transactions. After approval, the company will begin processing the stablecoin USDC issued by the US Circle company on March 12. However, this function will currently be in the testing phase, and the circulation scope will be limited to within the group. With this latest approval, SVI VC Trade now has three licenses: cryptocurrency exchange business, category I financial instrument business, and electronic payment instrument trading business. (Coindesk)
Modular blockchain network Hemi plans to launch mainnet on March 12
Odaily Planet Daily reported that according to the official announcement, the modular blockchain network Hemi announced that it plans to launch the mainnet on March 12, 2025. Hemi completed a $15 million seed round of financing in September 2024, with Binance Labs, Breyer Capital, Big Brain Holdings and other institutions participating in the investment.
March 13
None
March 14
None
March 15
PENGU airdrop claim will end on March 15, 2025
Odaily Planet Daily reported that the deadline for claiming the airdrop of Pudgy Penguins token PENGU is March 15, 2025.
March 16
Odaily Planet Daily reported that according to official news, the Ethereum Foundation announced that applications for the 2025 academic funding round must be submitted before March 16, and will provide US$2 million in funding to support cutting-edge research in the fields of protocol design, client engineering, people and humanities, etc.
