AiCoin Daily (March 11th)

Odaily Planet Daily News: Philip Martin, Chief Security Officer of Coinbase, called on the United States to integrate the current decentralized cryptocurrency fraud reporting system and establish a single platform to handle all reports at the SXSW conference. Martin said that currently, when victims report to multiple agencies such as FBI's IC3, it feels like shouting into the void, and a unified platform will help authorities more accurately grasp the scale of the problem and allocate resources more effectively. He also emphasized that most cryptocurrency scams originate from countries outside the United States, such as Myanmar and Laos, which pose enforcement difficulties and require strengthened international cooperation to combat them. （Cointelegraph）

According to BlockBeats, on March 11th, as monitored by The Data Nerd, four whales deposited 47756 ETH (approximately $89.53 million) into CEX in the past 24 hours, including: -0xb69 deposited 16555 ETH (approximately $31.51 million) into Coinbase and Wintermute; -Longling Capital deposited 21000 ETH (approximately $38.81 million) into Binance; -Deposit 7200 ETH (approximately $13.71 million) to Binance at 0x702; -Deposit 3000 ETH (approximately 5.15 million USD) into Binance using 0xAA1.

According to Onchain Lens monitoring, Cumberland DRW pledged 48182 SOL (approximately $5.72 million) 2 hours ago.

ARK Invest founder Cathie Wood tweeted that the current market is digesting the final stages of a rolling recession, which will give the Trump administration and the Powell Fed more policy adjustment space than investors expected, potentially pushing the US economy into a "deflationary boom" in the second half of this year. Cathie Wood believes that the Federal Reserve's monetary policy will be more flexible, and the market may underestimate this potential economic rebound momentum. Rolling recession refers to an economic phenomenon in which different industries and sectors take turns experiencing a recession, while the overall economy and job market remain relatively stable.

Foresight News reports that according to Bravos Research analysis, the current cryptocurrency market is experiencing the largest settlement of altcoins since the LUNA crash in May 2022. The market has experienced a liquidation of approximately $10 billion, far exceeding the situation after the collapse of FTX. The data shows that Bitcoin's dominant position continues to rise, indicating that there is no clear seasonal signal for altcoins in the short term.