2025-03-10, Monday, Daily News (Featured)

【Policy News】
1. The probability that the Fed will cut interest rates by 25 basis points in March is 2%, and the probability of keeping interest rates unchanged is 98%, (Announcement time: 2025-03-20 02:00 UTC+8)
2. The Texas Senate pushes forward with the Bitcoin Reserve Act with bipartisan support.
3. South Korean financial experts and opposition lawmakers have called for considering the creation of bitcoin reserves
4. The Utah Senate passed the Bitcoin bill, but eliminated the Bitcoin reserve clause.

【Macro News】
1. Important data of the week: Daylight saving time in North America will begin, and the release time of U.S. stock trading and economic data will be one hour earlier; Tuesday: U.S. and Ukrainian officials hold their first meeting in Saudi Arabia. Wednesday: US CPI for February; Thursday: U.S. initial jobless claims, February PPI annual rate;
2. Non-farm payrolls - Non-farm payrolls in the United States recorded 151,000 in February, slightly lower than market expectations, and the unemployment rate recorded 4.1%, the highest since November 2024. The US 10-year Treasury yield fell 6 basis points to 4.257%.
3. The situation between Russia and Ukraine - the Russian army said that it had switched to a large-scale offensive on all fronts in Kursk Oblast, and the enemy was abandoning its positions; Trump: Thinks Zelensky will sign a resource deal;
4. Zhang Tao, partner of Manus AI, clarified the invitation code and promotion, and focused on product construction in the short term. The Manus invitation code was fried to 100,000.

【Currency News】
1. Last week, the U.S. bitcoin spot ETF had a net outflow of $739 million, and the U.S. bitcoin spot ETF market saw outflows for four consecutive weeks
2. Data: CHEEL, CONX, APT and other tokens will usher in a large unlock this week, of which CHEEL unlocks a value of about $162 million
3. Data: The CEX spot market turnover reached $1.77 trillion in February, continuing to hit a new low this year, down 23.7% from $2.32 trillion in January.
4. If Bitcoin falls below $85,000, the cumulative liquidation strength of mainstream CEXs will reach 645 million
5. The Bitcoin hash price fell to $49.81/PH/s from $56.73 last month
6. Since 2025, about $10.46 billion in BTC and $1.74 billion in ETH have been withdrawn from the exchange
7. The value of tokenized U.S. Treasuries soared to $4.07 billion, expanding by $1.57 billion in the last 103 days.
8. The WLFI portfolio has lost $110 million so far, and ETH accounts for 65% of the entire portfolio

Greed & Fear Index: 20 (Extreme Fear)
Jiushen Index (Ahr999): 0.77 (regular investment range)
#BTC # daily news surface