PANews reported on March 25 that according to Fortune, BlackRock announced a partnership with Securitize to expand the blockchain-based money market fund BUIDL to Solana. In addition to expanding its BUIDL business, BlackRock's asset management company is also increasingly involved in the cryptocurrency market. It is reported that in January 2024, the company launched a spot Bitcoin exchange-traded fund, which has since attracted nearly $40 billion in funds.

In this round of stablecoin bull market, we will see how stablecoins devour the traditional payment market.

PANews reported on March 25 that according to MarketWatcher, the market believes that the Federal Reserve is expected to shift from quantitative tightening (QT) to quantitative easing (QE), which will inject liquidity into the financial market. At present, the expectations for QE in the crypto industry remain high. The previous QE cycle pushed Bitcoin to surge 1,000% between March 2020 and November 2021. Despite the optimistic market sentiment, some analysts warned that quantitative tightening is still continuing, but at a slower pace. Benjamin Cowen, CEO of crypto research institution IntoTheCryptoVerse, pointed out: "Quantitative tightening did not 'basically end' on April 1.

PANews reported on March 25 that data disclosed by Jinshi showed that the current US government holds cryptocurrencies worth US$17.621 billion, including: 198,000 BTC (US$17.28 billion), 61,000 ETH (US$126 million), 122 million USDT (US$122 million), 751 WBTC (US$65.24 million), and 40,100 BNB (US$25.24 million).

The Movement Network Foundation issued a statement saying that it received a notice from Binance on March 11 that a market maker was suspected of improper operations on multiple tokens including $MOVE. The market maker sold a large number of tokens after the $MOVE TGE, violating its agreement to provide two-way liquidity support. The Foundation was unaware of this and immediately cut off its relationship with it upon learning of it, notified other exchanges and assisted Binance in its investigation. Movement Network stated that it has recovered the relevant funds and plans to use the recovered $38 million to repurchase $MOVE on the open market and establish the "Movement Strategic Reserve" strategic reserve fund. The repurchase will be carried out on Binance within the next three months, and the purchased $MOVE will be regularly transferred to the official on-chain wallet 0xA14C8e3eBb2Da43d027dC2c1b763387B9D59cACe.

From 08:00 on March 27 to 07:59 on April 11 (GMT+8), users who hold or stake BNSOL on the platform or in their wallets will receive a daily airdrop reward of up to 513,000 SOLV.