Organizer: Jerry, ChainCatcher

Musk says the U.S. government has no plans to use Dogecoin

Organizer: Jerry, ChainCatcher

Important News:

"What important events have occurred in the past 24 hours"

Musk says the U.S. government has no plans to use Dogecoin

At a town hall meeting hosted by his American political action committee in Green Bay, Wisconsin, Musk distinguished the Federal Efficiency Department (DOGE) from the Dogecoin cryptocurrency. "As far as I know, the government has no plans to use Dogecoin or any other currency," he said. "Their names are similar, but in reality, we just want to improve government efficiency by 15%."

FTX will start using $11.4 billion cash reserves to repay major creditors on May 30

Cointelegraph reported that FTX will begin using its $11.4 billion cash reserves to pay major creditors on May 30. Small creditors have already started receiving payments.

Binance will launch FUNUSDT and MLNUSDT perpetual contracts

According to an official announcement, Binance contracts will launch the FUNUSDT perpetual contract on March 31, 2025, at 8:30 (UTC) and the MLNUSDT perpetual contract at 8:45 (UTC), both supporting 50x leverage.

Hut 8 Mining and Trump’s second son announce the establishment of American Bitcoin

Hut 8 Mining and Eric Trump, the second son of U.S. President Trump, announced the establishment of American Bitcoin, aiming to set new standards for Bitcoin mining.

NFT trading platform X2Y2 will cease operations on April 30

NFT trading platform X2Y2 stated on its social media that after three years of glory and $5.6 billion in trading volume, X2Y2 will officially close as an NFT marketplace on April 30, 2025.

The X2Y2 contract will remain active, but the platform itself will cease operations. The CEO of X2Y2 stated, "NFT trading volume has shrunk by 90% since its peak. The life and death of a market platform depend on network effects, and after three years of striving for the top, it’s time to let go and build something with more lasting value. But this is not a farewell—it's a transformation. Over the past year, we have deeply explored the field of AI and studied how it intersects with crypto technology in powerful new ways.

We are building something new: providing returns in a decentralized manner, driven by AI. It is decentralized, innovative, and aims to create value in a cyclical manner—not just chasing trends. The X2Y2 token is closely related to our NFT vision, and I won't sugarcoat the reality—this change may affect its price. But I believe our next chapter will create something of greater long-term value."

47 countries worldwide have relaxed or simplified cryptocurrency regulations since 2020

According to Cointelegraph, since 2020, 47 countries worldwide have relaxed or simplified their cryptocurrency regulations, while four countries have tightened restrictions or even completely banned cryptocurrencies and mining.

"What are some great articles to read in the past 24 hours"

The Alienation of the Crypto Circle: Cycles are Destiny, and Bubbles are Prelude

The future may be bright, but the tunnel to that brightness will be long.

A 150,000-follower KOL tells you the secret to becoming a profitable KOL

The KOLs who can truly make big money are never the ones who intended to earn money from the start.

Is the crypto market really in decline?

Major policies and data will be announced, and the market is filled with risk-averse sentiment.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of March 31 at 19:50:

The top five popular Ethereum tokens in the past 24 hours are: Superjudge, COCORO, GROK, TBA, TKX

The top five popular Solana tokens in the past 24 hours are: PIPE, PEPEAI, REVS, Q2, PIKA

The top five popular Base tokens in the past 24 hours are: GRK, GAPE, SKITTEN, VIRTUAL, LORDY