Today's Industry Highlights
On March 3, from 12:00 to 21:00, the blockchain industry witnessed several important developments. Here are the key updates to note:
- The dollar index (DXY) surpassed 99, hitting a new high since January 20, reflecting the strength of the U.S. currency in global markets.
- Coinbase plans to suspend trading for 25 perpetual contracts on March 16, which may impact short-term liquidity in the cryptocurrency market.
- Kevin Warsh, nominee for the Federal Reserve Chair, announced a gradual approach to the Fed's balance sheet reduction, potentially shaping the future of global financial markets.
- YZi Labs announced a $100 million investment in the BNB Holdings Fund, accelerating capital expansion in the blockchain sector.
- Haruhiko Kuroda, Governor of the Bank of Japan, revealed plans to launch central bank currency settlement trials using blockchain technology, laying the groundwork for future financial infrastructure.
- Bitcoin's circulating supply is set to surpass 20 million coins, with the final 1 million expected to take 114 years to mine, highlighting its scarcity.
- Northern Trust holds 1.58 million shares in Strategy, valued at $210.4 million, showing continued interest from traditional finance in emerging technologies.