Binance Wallet has officially announced the launch of Sei DeFi Season, offering participants the chance to share in a prize pool valued at $1.5 million. This six-week event is designed to reward users who bridge their assets to the Sei EVM via Binance Wallet.Participants can join the event by transferring their assets to Sei EVM and depositing them into one of two key yield strategies: the Simple Yield Yei Finance Pool or the Yield+ SEI Silo Pit Strategy. For more information and full event details, users can visit the event page.

According to Odaily, despite U.S. President Donald Trump's recent announcement of establishing a cryptocurrency strategic reserve, the Australian government currently has no plans to create a similar reserve. A spokesperson for Australia's Finance Minister Stephen Jones stated that the government will prioritize regulating digital asset platforms and continue collaborating with the industry to develop an appropriate regulatory framework for digital assets. While some U.S. states are considering adding crypto assets to their balance sheets, Australia remains cautious about adopting a crypto reserve. Tom Matthews from Swytfx commented that the idea is complex and risky, potentially leading to concentration risks in certain tokens. He speculated that a sovereign wealth fund primarily composed of cryptocurrencies might emerge in the future. Meanwhile, Australian regulatory bodies are planning to shift their focus towards the crypto industry, with anti-money laundering regulators indicating plans to enhance oversight of the sector by 2025.

Odaily Planet Daily News Trust Wallet fully integrates the Sonic (S) public chain. Users can now conveniently manage assets on the Sonic chain in the wallet, including sending, receiving and storing native S tokens and tokens issued based on Sonic. This integration not only optimizes the user experience of Trust Wallet, but also enhances the interoperability of the Sonic ecosystem and expands its application scenarios in the DeFi field. Sonic is a new generation of Layer-1 blockchain created by Andre Cronje and his team. It inherits the technical advantages of the Fantom ecosystem, has high throughput, low transaction costs, is compatible with EVM, and supports final confirmation in less than one second, with a TPS of up to 10,000. As the world's leading non-custodial wallet, Trust Wallet supports 140 public chains and has 200 million downloads.

Odaily Planet Daily News Although US President Trump recently announced that the United States will establish a strategic reserve of cryptocurrencies, the Australian government is not currently considering establishing a similar reserve. A spokesman for Australian Treasurer Stephen Jones said the government will focus on regulating digital asset platforms and continue to work with the industry to promote the development of a suitable regulatory framework for digital assets. Currently, Australia has no plans to set up crypto reserves, although other US states are considering adding crypto assets to their balance sheets. As for whether Australia will adopt crypto reserves, Tom Matthews of Swytfx believes that the idea is complex and risky, and may lead to concentration risks in certain tokens. He predicts that a sovereign wealth fund with cryptocurrencies as its main assets may appear in the future. At the same time, Australian regulators are planning to shift their focus to the crypto industry, and anti-money laundering regulators have said they will strengthen supervision of the crypto industry in 2025. (Cointelegraph)

According to BlockBeats, Goldman Sachs economists have projected that U.S. President Donald Trump's imposition of a 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Canadian energy, could lead to a 0.6% increase in the core consumer prices in the United States. In a report sent to clients on Monday evening, the economists noted the possibility of a last-minute suspension of these tariffs. They suggested that a strategic move could involve delaying the deadline to April 2 to align with other planned tariff announcements. While the tariffs, if implemented, are not expected to become a permanent feature of U.S. trade policy, the duration of their impact remains uncertain. In January, the core consumer price index in the U.S., excluding food and energy, rose by 3.3% year-on-year, while the Federal Reserve's preferred PCE index increased by 2.6% over the same period.

Trump's tariffs on Canadian, Mexican and Chinese imports, taking effect Tuesday, have 'further fueled risk-off sentiment,' says an analyst. source: https://www.theblock.co/post/344377/bitcoin-ether-lose-over-10-as-trumps-tariffs-take-effect?utm_source=rss&utm_medium=rss

Late Monday, Wall Street traders rushed to unload stocks after President Donald Trump confirmed that his threatened tariffs on Canada and Mexico would take effect early Tuesday. In recent reports, China has rejected additional tariffs, and Canada is striking back With Tariffs on $107 Billion worth of US products. The Dow Jones Industrial Average sank […] source: https://www.cryptopolitan.com/stocks-fall-sharply-us-tariffs/

The post Big News: Kraken Lawsuit Dismissed by SEC, Ripple Still Stands in Legal Crosshairs appeared first on Coinpedia Fintech News Kraken has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the crypto exchange with prejudice. The SEC’s decision means no penalties, no changes to Kraken’s business operations, and no admission of... source: https://coinpedia.org/news/big-news-kraken-lawsuit-dismissed-by-sec-ripple-still-stands-in-legal-crosshairs/

Odaily Planet Daily News Market data shows that GPS has risen above $0.19 in a short period of time, and is now trading at $0.15, possibly due to the launch of Binance. Gate.io has launched GPS perpetual contract real-time trading (USDT settlement), supporting 1-40 times leverage.

The post Crypto Prices Today : Trump Tariffs, Why is Bitcoin Falling? Crypto Liquidations, XRP News appeared first on Coinpedia Fintech News March 4, 2025 05:38:24 UTC Why Ethereum Is Crashing ? Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump’s trade war threats.... source: https://coinpedia.org/news/crypto-prices-today-trump-tariffs-why-is-bitcoin-falling-crypto-liquidations-xrp-news/

Yesterday, the president's words made $XRP soar again, surpassing $ETH to become the second FDV in a short period of time. Although it has long been famous, few people know what it does. Is Ripple a huge scam?

Kaitlyn Siragusa, known as Amouranth, recently reported an armed robbery at her Texas home, allegedly by crypto thieves. In November, she revealed owning 211 Bitcoin, worth over $20 million. Given her openness about her wealth, could this have made her a target for the heist?

According to Ars Technica, DeepSeek has attracted attention for using distillation technology to build AI models based on open source systems released by competitors Meta and Alibaba.

House Majority Whip Tom Emmer and Congressman Ritchie Torres announced the formation of the Congressional Crypto Asset Caucus, a bipartisan coalition aimed at advancing pro-crypto legislation in the House of Representatives.

Brazilian football legend Ronaldinho has officially stepped into the cryptocurrency world with the launch of STAR10, a digital token built on the BNB Chain. With all his past controversies and backlashes, will he succeed this time?

The lending market plays an important role in the crypto market in terms of decentralized and traditional financing channels.

Ronaldinho’s STAR10 token jumped 150% after he renounced ownership and locked tokens to boost security. Despite scam-related challenges, he acted swiftly to protect its legitimacy. However, under scrutiny over tokenomics and cybersecurity, STAR10 has since plunged 55%. Was it destined for success or failure?

Trump said there is no room for maneuver on the issue of tariffs on Canada and Mexico, and the new tariffs will take effect on Tuesday. At the same time, he "fired" at multiple hot issues, and CTA's $24 billion sell-off of U.S. stocks this week has been activated.

Arthur Hayes: We are still in a bull cycle, and the worst bottom will be the historical high of $70,000 in the previous cycle. As the global economy, led by the United States, re-expands, Bitcoin will be pushed to $1 million or more.

Cryptocurrency valuations retreated in February 2025, in sync with rising macro risks and falling tech stock prices. A hack of a major cryptocurrency exchange and a drop in meme coin trading activity may have also weighed on the market.