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BTC $70,740.69 -2.62%
ETH $2,076.78 -2.43%
BNB $645.12 -1.41%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.98 -0.19%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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Vitalik calls on the Ethereum community to shift their mindset, adhere to core principles, and rethink application design from scratch

Ethereum founder Vitalik stated, "I think it's a good thing for the Ethereum community to have a bolder and more open mindset, especially regarding the application layer and how we view our place in the world. We should not compromise on core attributes: censorship resistance, open source, privacy, and security (CROPS). Especially at the application layer and in the interface between Ethereum and the outside world, we should be more willing to thoroughly rethink various concepts and step out of our comfort zone.Last year, we began to prioritize privacy and give it equal importance to other types of security. This means that the Ethereum application stack will undergo fundamental changes, as the entire stack has not been built around privacy so far. Great, let's build a completely different Ethereum application stack. An example this year is rethinking the role of L2 from scratch and determining which types of L2 can truly create the greatest synergy and benefits with Ethereum. This also includes cultural factors.For me and others, this is an important part of the "milady" concept. Write down your inherent notions of "decency," crumple them up, and burn them. This mental cleansing will lead to an intellectual cleansing, thereby sparking greater creativity and broadening perspectives. For a long time, our algorithm on Ethereum has been: we have an existing ecosystem, what should we do next to make it better? Now, our algorithm should be: we have a fantastic L1 layer, and it will become even better; we have more and more tools, including those developed inside and outside the ecosystem; based on what we currently know, what is the most valuable?If you were to write the section on applications from the 2014 Ethereum white paper, starting from first principles in areas like DeFi, decentralized social, and identity verification, what would you write? At the very least, please exclude all path dependency issues, assuming the Ethereum chain is currently unused, and you are the first to propose or build the first applications, and see what you would ultimately write. Even if you are currently building existing applications, please do this. This is the secret to revitalizing Ethereum."

Bitfinex: Bitcoin shows recovery signals after five consecutive bearish candles, with healthy expansion of derivatives indicating a phase of recovery

Bitfinex reports that Bitcoin has experienced a consecutive five-month decline since 2025, marking the first occurrence of a "five consecutive down" structure since 2018, with a monthly drop of 14.93% in February and a maximum cumulative drawdown of approximately 52.34%. However, early signs of market recovery have emerged in March.Data shows that since March 1, approximately $3.2 billion in BTC has been systematically purchased at market price across exchanges, successfully reclaiming the $65,000 level; the Coinbase premium index has ended its continuous 40-day negative value and turned positive, indicating a return of U.S. spot buying. The derivatives structure also remains relatively healthy: open interest has risen to $53.1 billion, a 15.4% increase from Sunday’s close, but the perpetual funding rate is only about 9.5% APR, showing no signs of overheating. Open interest and spot have expanded in sync, reflecting that this round of increase is more driven by spot absorption.Regarding ETFs, the U.S. spot Bitcoin ETF recorded approximately $1.1 billion in net inflows last week, with a total of over $450 million on Monday and Tuesday, indicating that institutional demand remains a core support. Analysts believe that if key support holds, Bitcoin may recover to the $80,000-$85,000 range in the next 1-3 months; in the short term, attention should be paid to the $72,000-$74,000 area of concentrated short liquidations and the potential dynamic support at $66,000. The overall judgment remains cautiously bullish.

Analysis: Kraken's approval for a Federal Reserve master account is a historic breakthrough for the cryptocurrency industry and may trigger a wave of applications from crypto institutions

Crypto journalist Eleanor Terrett posted on social media that Kraken, the second-largest crypto exchange in the U.S., has just accomplished something no other crypto company has done before—obtaining key access qualifications from the Federal Reserve.Kraken's banking division, Kraken Financial, has received approval from the Kansas City Fed to open a master account with the Federal Reserve. This marks the first time a native crypto company has gained (albeit with limited permissions) direct access to the Federal Reserve's payment system.This approval comes five and a half years after Kraken submitted its application to the Kansas City Fed in October 2020. The account allows Kraken to directly access the Federal Reserve's payment system, but does not include the right to use the Fed's lending tools. The company can hold reserves and settle with central bank funds, but cannot issue loans, use the discount window, or operate as a traditional commercial bank.According to sources, Kraken's approval is seen as a pilot project to test this new model. This decision is historically significant for the crypto industry, which has long been excluded from the traditional banking system, and indicates a shift in the Federal Reserve's stance. This move could trigger a wave of applications from other crypto companies seeking master accounts with the Federal Reserve. Custodia Bank, Anchorage, and Ripple's U.S. banking partner have all applied for master accounts.
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