24H Top Cryptocurrencies and Key News｜Kraken Halts IPO Listing; Tempo Mainnet Goes Live (March 19)
- Core View: Market data shows a general decline in mainstream cryptocurrencies, while industry dynamics focus on changes in institutional holdings, regulatory pilot progress, and the advancement of stablecoin payment infrastructure.
- Key Elements:
- Market Performance: The top 10 tokens by trading volume on mainstream CEXs generally fell over 24 hours, with declines ranging from 0.81% to 8.61%, with ZEC experiencing the largest drop.
- Institutional Dynamics: American Bitcoin, a company linked to Trump, increased its holdings to approximately 6,899 BTC, surpassing Galaxy Digital to become one of the world's fastest-growing Bitcoin reserve companies.
- Regulation & Pilots: The Bank of Korea's digital won pilot has entered its second phase, with two additional banks joining to focus on testing payment applications in real-world scenarios to reduce transaction costs.
- Infrastructure: Tempo, a payment public chain jointly developed by Stripe and Paradigm, has launched its mainnet, aiming to provide a high-throughput, low-cost stablecoin payment experience.
- Risk Alert: OKX Star points out that the "BTC" token on the TON network is a scam token, reminding users to be vigilant about on-chain interaction risks.
1. CEX Hot Tokens
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: -3.63%
- ETH: -4.94%
- SOL: -5.00%
- XRP: -3.65%
- DOGE: -4.91%
- BNB: -2.54%
- LINK: -5.92%
- TRX: -0.81%
- ZEC: -8.61%
- ADA: -5.19%
24H Top Gainers (Data Source: OKX):
- ENJ: +19.03%
- SAHARA: +4.83%
- ZBCN: +4.52%
- CTC: +3.97%
- VELO: +3.83%
- HUMA: +3.29%
- WCT: +2.82%
- HYPE: +2.46%
- IP: +1.80%
- YFI: +1.61%
24-hour Top Gainers - Tokenized Stocks (Data Source: msx.com):
- T-Rex 2X Inverse MSTR Daily - MSX (MSTZ.M): 12.64%
- VivoPower International PLC - MSX (VVPR.M): 11.23%
- ProShares UltraShort Ether ETF - MSX (ETHD.M): 9.97%
- Ebang International - MSX (EBON.M): 9.87%
- ProShares UltraShort Bitcoin ETF - MSX (SBIT.M): 8.86%
- Lumentum Holdings Inc. Common Stock - MSX (LITE.M): 8.43%
- Tron Inc. - MSX (TRON.M): 7.61%
- 2x Short Silver Spot Price - MSX (ZSL.M): 7.60%
- AXT Inc - MSX (AXTI.M): 7.51%
- GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF - MSX (CONI.M): 7.26%
2. On-chain Hot Memes (Data Source: GMGN):
- Solana: Aliens, Punch
- BSC: Ninja, Lobster
Headlines
Kraken Pauses IPO Listing Plans
Due to challenging market conditions, cryptocurrency exchange Kraken has disclosed that it has paused its IPO listing plans. Kraken's parent company filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission in November last year regarding the initial public offering of its common stock, reportedly with a valuation of $20 billion.
Stripe Co-launches Payment Blockchain Tempo Mainnet, Supporting AI Auto-Payment Protocol
Tempo, a payment-focused blockchain jointly developed by Stripe and crypto investment firm Paradigm, announced its mainnet launch, marking the official transition of its stablecoin payment system from testing to practical application. Tempo focuses on high-throughput, low-cost transactions, aiming to make stablecoin payments feel as seamless as card or bank transfers, while offering faster speeds and 24/7 availability. Since its public beta launch last December, institutions including Mastercard, UBS, Klarna, and Visa have participated in testing scenarios like cross-border transfers and batch payments.
Fed Chair Powell: No Rate Cuts If Inflation Shows No Progress
Federal Reserve Chair Jerome Powell stated that while progress on inflation is forecasted, it has been slower than expected. If inflation shows no progress, there will be no rate cuts. (Jin10)
Netflix: FTX Series "The Altruists" Scheduled for Late 2026 to Early 2027 Release
The FTX series "The Altruists," produced by Netflix, is scheduled for release between late 2026 and early 2027.
Industry News
Trump-Linked Company American Bitcoin Holdings Rise to 6,899 BTC, Surpassing Galaxy
American Bitcoin, linked to the Trump family, announced its Bitcoin reserves have increased to approximately 6,899 BTC, successfully surpassing Galaxy Digital and rising to the 16th position in the corporate Bitcoin holdings ranking. Data shows the company recently added about 399 BTC. At the current price of approximately $71,000, its Bitcoin assets are valued at nearly $490 million.
Eric Trump stated on social media that the company has become "one of the fastest-growing Bitcoin reserve companies globally." Two weeks ago, American Bitcoin disclosed holdings of about 6,500 BTC, indicating rapid growth.
Japan's SBI VC Trade Announces USDC Lending Service for Retail Investors
SBI VC Trade, the digital asset subsidiary of SBI Holdings, announced it will officially launch a USDC lending service in Japan, allowing retail investors to earn yield by lending stablecoins to the platform via fixed-term agreements, with a maximum application amount of 5,000 USDC per term. SBI VC Trade stated users can lend assets directly to its platform but added that, as part of its operations, the company may re-lend the funds.
South Korea's Central Bank Digital Won Pilot Enters Phase 2, Adds Two Banks for Field Testing
The Bank of Korea announced the launch of the second phase of its digital won pilot with nine commercial banks, testing the application of bank-issued, central bank-backed deposit tokens in real-world scenarios, including government subsidy distribution and peer-to-peer payments. The two newly added participating banks are Kyongnam Bank and iM Bank, joining the original seven banks to conduct large-scale testing.
Kim Dong-sub, head of the Bank of Korea's digital currency planning team, stated the pilot focuses on merchants and businesses with high public relevance and high payment fees, exploring the potential for digital currency payments to significantly reduce transaction costs. Phase 2 testing will also support peer-to-peer transfers that were difficult to achieve in the previous phase.
FTX Liquidation Trust Plans New Round of Distribution Starting March 31
According to a post by FTX creditor representative Sunil on X, the FTX Liquidation Trust plans to initiate a new round of distribution starting March 31. However, the specific distribution scale has not been announced yet. The current claims portal still points to the distribution record from September 30, 2025, and is expected to be updated around 10 days before the distribution date (approximately March 21).
Project News
Polymarket to Open "The Situation Room" Prediction Market-Themed Bar in Washington D.C.
Polymarket announced on X that it plans to open "The Situation Room," a prediction market-themed bar in Washington D.C., USA. Polymarket previously launched its first free grocery store in New York.
Sahara AI and Microsoft Jointly Launch AI Reasoning Benchmark MATHVISTA
Artificial intelligence company Sahara AI announced a collaboration with Microsoft, providing high-precision labeled data to jointly launch the open-source benchmark MATHVISTA. This benchmark is designed to test the reasoning and decision-making capabilities of models like GPT-4V, Claude, and Gemini in real-world scenarios and has been downloaded over 270,000 times historically.
Etherscan Launches Historical Proxy Feature, Visualizing Proxy Contract Upgrade History
According to an official announcement, blockchain explorer Etherscan has officially launched the "Historical Proxy" tab feature. Users can view the complete upgrade history of proxy contracts, including past implementation contract addresses and upgrade transaction records. The feature supports detecting upgrade events compliant with mainstream EIP standards.
xStocks Points Now Open for Query
xStocks officially announced on X that points (xPoints) are now viewable. Users automatically accumulate points by holding tokenized stocks in their wallets, establishing positions in lending markets, and providing liquidity on DEXs.
Investment & Financing
Stablecoin Payments Startup TransFi Completes $19.2M Funding Round Led by Turing Financial Group
Stablecoin payments startup TransFi announced the completion of a $19.2 million funding round led by Turing Financial Group. This round includes $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The new funds will support building cross-border transfer services based on stablecoin settlement channels as an alternative to traditional bank and SWIFT transfer processes, while expanding its liquidity network and obtaining regulatory approvals in more emerging markets.
Voices
Tether CEO: Preparing "Something Big," to be Disclosed Within 30 Days
Paolo Ardoino, CEO of stablecoin issuer Tether, stated on X that the company is currently preparing "something big," expected to be disclosed within 30 days.
OKX Star: "BTC" on TON Network is a Scam Token, Assisting Users with Issues
OKX Star responded to user inquiries, stating that Bitcoin does not run on the TON network and cannot be deposited via TON; the assets transferred by users are tokens labeled "BTC" on the TON network, not native Bitcoin. Furthermore, this TON version of "BTC" has been flagged as a scam token by multiple third-party blockchain explorers. Although such assets are not within the platform's常规处理范围, OKX Star stated it is attempting to assist users in recovering their assets. However, due to the involvement of scam-flagged tokens, the process will be more complex and time-consuming. They also reminded users to remain vigilant when interacting with on-chain assets to prevent misoperations and scam token risks.
