1. Binance received a $2 billion investment and surrendered to the UAE

The rumors about "Binance seeking to sell" have come true. On March 12, 2025, Binance announced that it had received a $2 billion investment (paid in stablecoins) from Abu Dhabi MGX, and MGX acquired a minority stake in Binance. This transaction is Binance's first institutional investment to date and the largest single investment in a cryptocurrency company. Click to read

2. Coinbase stock tokenization When can the "coin-stock equal rights" be resolved?

Recently, Brian Armstrong, CEO of Coinbase, said at X that Coinbase is actively exploring the possibility of tokenizing the company's stock. It is reported that Coinbase has had preliminary communication with the U.S. Securities and Exchange Commission (SEC) and is studying how tokenized stock holders can enjoy the same rights as traditional stock holders. Click to read

3. Logical analysis of Binance's reduction of holdings and MGX investment: valuation, motivation and market impact

As the market gradually cools down, Binance announced today that MGX has invested in Binance. Combined with the objective fact that Binance sold a large number of crypto assets in January, I analyzed the possible investment logic of MGX, the motivation of Binance's reduction of holdings, and the market impact, hoping to provide a logical explanation for a series of events. Click to read

4. Bank of New York Mellon strengthens business dealings with Circle

As banks warm to cryptocurrencies, Bank of New York Mellon (BNY), the oldest bank in the United States, is expanding its services for stablecoin giant Circle, the latest sign that U.S. banks are easing access to the cryptocurrency industry under a more friendly regulatory environment. People familiar with the matter said the bank will allow some customers to send or receive money to Circle through BNY for the purchase or sale of Circle's stablecoins. Previously, Circle’s customers had to use small U.S. banks to send money to Circle, which could limit the scale of the stablecoin company’s development.Click to read

5. A recession is brewing in the United States

On March 10, 2025, Eastern Time, the U.S. stock market staged a thrilling plunge. The Nasdaq index plunged 4% in a single day, the largest single-day drop since September 2022; the S&P 500 fell 2.7%, the worst single-day performance since December 18, 2024; and the Dow Jones closed down 2.08%. Technology stocks led the decline, and Nvidia, once a market darling, fell 5.1%, and its decline so far this year is close to 20% (as of the close of March 11); Tesla plunged more than 15% that day, the largest single-day drop in more than four years, and its market value evaporated by $130 billion overnight. Click to read