According to PANews, Elon Musk expressed significant difficulties in balancing his role at the U.S. Department of Government Efficiency (DOGE) with his other business ventures. On Monday, Tesla experienced its largest single-day drop in five years, while its social media platform 'X' faced several cyberattacks. In an interview, Musk stated he expects to remain in the Trump administration for another year. Since joining U.S. President Donald Trump's administration as the DOGE 'Minister,' Tesla's stock has been declining weekly. DOGE is undertaking a controversial initiative aimed at reducing federal government spending and workforce. Tesla's market value has halved from its peak, equating to a loss of nearly $800 billion. Forbes data shows Musk's net worth decreased by $22.8 billion on Monday, yet he remains over $100 billion ahead of Jeff Bezos, who ranks second on the billionaire list. Musk also mentioned that the DOGE team currently consists of over 100 members, with potential plans to expand to 200.

According to Odaily, the stock price of Strategy (MSTR) has fallen by 30% since Executive Chairman and former CEO Michael Saylor appeared on the cover of Forbes. The price dropped from $340.09 on January 30 to $238.25 on March 10, with a significant 17% decline on March 10 alone. On the same day, the Nasdaq Composite Index fell by over 4% as fears of an economic recession and trade war caused market panic, leading CNN's Fear & Greed Index to plummet to an 'Extreme Fear' level of 16. Despite the pressure on its stock price, Strategy remains committed to its Bitcoin investment strategy. The company has announced plans to raise an additional $21 billion to purchase more Bitcoin and bolster its liquidity. As of now, Strategy's Bitcoin investments have yielded an 18.9% profit. This approach has sparked debate within the cryptocurrency industry, with some praising it as a 'stroke of genius,' while others warn it could be a 'ticking time bomb' or a 'Ponzi scheme.'

1. Trump may sign an executive order on cryptocurrency this week to abolish banking restrictions on cryptocurrency companies; 2. Strategy's Bitcoin holdings fell below $40 billion; 3. Solana's transaction fees fell to the lowest level since September, and network activity continued to decline; 4. The U.S. technology sector fell across the board, and the market value of the "Big 7" shrunk by more than $3 trillion from its recent highs; 5. MyShell: The team has no connection or association with Web3Port; 6. Coinbase plans to launch 24/7 Bitcoin and Ethereum futures contracts in the United States; 7. The U.S. SEC is considering abandoning part of the 2022 proposal to "extend the definition of alternative trading systems to crypto companies"; 8. Elon Musk: X suffered a large-scale cyber attack; 9. Movement public mainnet Beta is now online.

According to Odaily, cryptocurrency analyst Ali Martinez shared on the X platform that investor sentiment towards the DOGE token is at its lowest point in over a year. This extreme fear may set the stage for a significant reversal, indicating that now could be an excellent buying opportunity for investors.

According to Foresight News, Toronto-based cryptocurrency holding company Sol Strategies has announced the acquisition of three additional Solana validator nodes, including Laine and stakewiz.com. The acquisition was completed for CAD 35 million, paid through a combination of cash, Sol Strategies common shares, and warrants. Following this acquisition, Sol Strategies' staked SOL has increased to 3.3 million tokens. Additionally, Sol Strategies has appointed Laine founder Michael Hubbard as Chief Strategy Officer.

Odaily Planet Daily News Coinglass data shows that in the past hour, the entire network has a liquidation of $195 million, long orders have a liquidation of $183 million, and short orders have a liquidation of $11.4964 million. In addition, in the past hour, BTC liquidated $54.5477 million and ETH liquidated $44.3668 million.

Odaily Planet Daily News: Meteora co-founder Ben Chow said on social media, "My account has been stolen and I have been trying to regain control. Please ignore any recent posts." This morning, his X account released an official statement on the MELANIA, LIBRA, and TRUMP incidents, which may not be operated by him.

Odaily Planet Daily News According to Lookonchain monitoring, as the price of ETH fell below $1,800, a whale holding 67,675 ETH (worth about $121.8 million) is facing liquidation risk. Although the investor has deposited 2,000 ETH (about $3.73 million) and repaid 1.54 million DAI to reduce the liquidation price to $1,836.43, the ETH price still fell below its liquidation threshold. At present, the investor's position on the Summer.fi platform has triggered liquidation conditions, becoming an important victim of the recent market decline.

Odaily Planet Daily News Yuga Labs Vice President of Blockchain Business 0xQuit wrote on X that seeing someone predict that the bottom of ETH is around $1,500 seems reasonable given the market we are experiencing, but you need to ask yourself an important question-are we at the beginning of a bear market, or the end? If this is the end of the bear market, that's great. BTC has hardly suffered much of a price blow, and its price is still stable at a level that was still an all-time high just a few months ago, which is very bullish for BTC. However, if this is the beginning of a bear market, then be prepared to see ETH prices well below $1,500. It is quite ridiculous to think that the long-term final bottom of an asset that has fallen 30% this week and more than 50% in the past 3 months is only 20% away from here. If the bear market has just begun, ETH's target price may be $200-400, which means another 80% drop from the current price, a total drop of 90%, which is consistent with past bear markets. 0xQuit finally said: "I personally tend to be bullish at this position, but my position layout can also accept the market continuing to fall. If you can't accept the worst expectations, please consider selling some."

Polymarket bettors have wagered over $1.4 million on XRP's price slide this month. source: https://www.thestreet.com/crypto/markets/xrp-drops-below-2-as-polymarket-users-predict-steeper-declines

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