2025-03-12, Wednesday, Daily News Highlights (Selected)

【Policy News】
1. The probability of a 25 basis point rate cut by the Fed in March is 4%, while the probability of maintaining the interest rate unchanged is 96%. (Announcement Time: March 20, 2025 02:00 UTC+8)
2. US Senator Lummis, a friend of cryptocurrency, will reintroduce the Bitcoin Reserve Act
3. White House officials: Trump has no plans to hold another large-scale cryptocurrency summit in the short term
4. The U.S. House of Representatives passes a bill to repeal the IRS DeFi broker rule

[Macro News]
1. Wednesday: 20:30 US February Non-Seasonally Adjusted CPI YoY, US February CPI MoM Seasonally Adjusted, US February Core CPI MoM Seasonally Adjusted, US February Non-Seasonally Adjusted Core CPI YoY
2. The U.S. House of Representatives passes appropriations bill to avoid government 'shutdown'.
3. Russia-Ukraine Situation - Joint Statement of US-Ukraine Talks: Ukraine is willing to accept a temporary ceasefire for 30 days. The ceasefire can be extended, but it needs to be agreed upon and implemented by Russia.
4. The measure proposed by Trump to increase the actual tariffs on steel and aluminum imposed by the United States to 25% has officially taken effect, with no country exempted.

[Currency Circle News]
1. Yesterday, the net outflow of Bitcoin spot ETF in the United States on Monday was 3.48 billion US dollars, and the net outflow of Ethereum spot ETF funds was 21.6 million US dollars.
2. Clearstream, a subsidiary of Deutsche Börse, will start providing Bitcoin and Ethereum custody services in April.
3. Circle issued an additional 250 million USDC on the Solana network.
4. The SIMD-228 upgrade proposal for Solana has now been approved, which can reduce the SOL inflation rate by 80%.
5. The SEC delays approval of Grayscale's spot Cardano ETF and spot DOGE ETF resolutions. Postpones approval of Canary's spot XRP, Solana, Canary's spot LTC ETF.
6. Nillion will open the airdrop query on March 13th tomorrow.
7. Franklin Templeton submits XRP ETF application
8. Senator Lummis, who is friendly to encryption, will introduce a new bill allowing the US government to hold more than 1 million BTC reserves.

Greed and Fear Index: 34 (Fear)
Ahr999 Index: 0.81 (Regular Investment Interval)
#BTC #Daily News