Odaily Planet Daily News: Markus Thielen, head of research at 10x Research, stated that Bitcoin may repeat the trend of 2024 and enter a prolonged period of consolidation after reaching a historic high. He pointed out that the current technical chart of Bitcoin presents a "high-level tight flag" pattern, which is usually considered a bullish continuation pattern, but the current structure shows some signs of weakness, indicating that the market is in an uncertain state rather than a simple bullish consolidation. In addition, Thielen observed that the US spot Bitcoin ETF market has not shown a clear "buy on dips" sentiment and lacks new capital inflows. He believes that the majority of ETF funds come from arbitrage driven hedge funds, and the consistently low funding rates have reduced investors' willingness to add funds in the recent pullback. According to Farside data, since Bitcoin fell below $90000 in early March, US Bitcoin spot ETFs have accumulated outflows of approximately $1.66 billion. The current trading price of Bitcoin is $84290, down 23% from the historical high of $109000 set in January. Thielen believes that it is still unclear whether Bitcoin can recover its upward trend in the short term, and suggests that investors temporarily liquidate their short positions at this stage, but there is still a lack of clear signals to support a strong rebound. Meanwhile, BitMEX co-founder Arthur Hayes predicted on March 10th that Bitcoin may retrace to $78000, and if it falls below that support, $75000 will become the next key position. Iliya Kalchev, a research analyst at Nexo, believes that Bitcoin may form a more sustainable rebound foundation in the low $70000 region. （Cointelegraph）

Odaily Planet Daily News: Ella Zhang, head of YZi Labs, shared a set of trend data on the market value ratio of Meme and non Meme coins: After experiencing drastic fluctuations, the market value ratio of Meme coins increased from 2.5% in February 2024 to 5% in March, and reached a peak of 9% in November 2024. However, since January 2025, this proportion has started to decline and has fallen back to 5.67% in February. Data shows that the Meme coin market rapidly expanded in the second half of 2024, with its market value reaching $111 billion in November 2024, accounting for 9% of the non Meme coin market. But as market sentiment cooled, the proportion fell back to 7.5% in early 2025 and further decreased to 5.67% in February. Analysis suggests that in the long run, the market will still focus on fundamental construction rather than short-term speculative behavior, and the true long-term builders will ultimately emerge victorious.

According to Crypto.news, Hari, a former engineer at the Ethereum Foundation, stated that Ethereum and EVM lack a clear and cohesive vision, which has prevented EVM from making progress. It believes that Ethereum needs more decisive leadership, and without such improvements, the only feasible path is "rigidity". In addition, Ethereum needs to reduce its focus on research and focus more on delivery. At this point, Ethereum should reflect on what problems have occurred in the past five years and work hard to solve them. If Ethereum operates in exactly the same way as the past five years without any changes, it will produce exactly the same results.

Odaily Planet Daily News: Rostislav Panev, a developer of Lockbit ransomware, has been extradited to the United States and is currently detained and awaiting trial. According to charges from the US Department of Justice, he has been working as a programmer for the software since 2022 and has received cryptocurrency transfers worth approximately $230000. With the server being seized and related parties pleading guilty, Lockbit may face further attacks, but key figures such as the organization's leader Dmitry Khoroshev are still at large. （News.bitcoin） Previously, Russian citizen Ruslan Magomedovich Astamirov and Mikhail Vasiliev, who holds dual Canadian and Russian citizenship, have also been identified as members of the Lockbit organization. They were arrested in 2023 and 2022 and may face up to 25 and 45 years in prison, respectively.

According to official data, in the seven days ending March 13th, Circle issued approximately 3.7 billion USDC, redeemed approximately 2.6 billion USDC, and increased circulation by approximately 1.1 billion pieces. The total circulation of USDC is 58.3 billion pieces, with reserves of approximately 58.5 billion US dollars, including cash of approximately 7.4 billion US dollars, and Circle Reserve Fund holding approximately 51.1 billion US dollars.