In the coming week from March 3, 2025 to March 9, 2025, there are other blockchain news that are worth your attention.In the coming week from March 3, 2025 to March 9, 2025, there are other blockchain news that are worth your attention.

Weekly preview | The White House will host the first cryptocurrency summit; Ethena (ENA), Sui (SUI), etc. will unlock tokens worth more than $1 billion

2025/03/02 21:51
6 min read

News preview:

  • HashKey Chain’s official staking function will be launched on March 3;
  • Sui (SUI) will unlock approximately 40.63 million tokens at 8:00 am Beijing time on March 3, accounting for 1.28% of the current circulation, with a value of approximately US$117 million;
  • Story will launch token issuance and staking rewards on March 4;
  • Ethereum Foundation: Pectra network upgrade is scheduled to go live on Sepolia on March 5;
  • The White House will host its first cryptocurrency summit on March 7;
  • Ethena (ENA) will unlock approximately 2.07 billion tokens at 3:00 pm Beijing time on March 5, accounting for 66.19% of the current circulation, with a value of approximately US$835 million;

March 3

Project dynamics:

HashKey Chain official staking function will be launched on March 3

HashKey Chain will officially launch the Staking function at 20:00 (UTC+8) on March 3, 2025, to provide users with flexible on-chain asset value-added services. It is understood that HashKey Chain Staking currently supports HSK pledge. Users can choose different lock-up periods according to their own needs and enjoy corresponding annualized yields and additional rewards, with an annualized rate of return of up to 12%. The launch of the Staking function aims to provide users with an asset value-added channel, while further enriching the application scenarios of the HashKey Chain ecosystem.

Token unlocking:

Sui (SUI) will unlock approximately 40.63 million tokens at 8:00 am Beijing time on March 3, accounting for 1.28% of the current circulation and worth approximately US$117 million.

March 4

Macroeconomics:

U.S. tariffs on Mexico and Canada were implemented on March 4

U.S. President Trump said the tariffs on Mexico and Canada would take effect on March 4.

Project dynamics:

Solayer plans to open LAYER token airdrop applications until March 4

Solana's re-staking platform Solayer announced that it has officially opened the airdrop application for its native token LAYER, but PANews' actual application is not yet open. Solayer stated in a blog that for early and eligible community members, the LAYER tokens in the Genesis Drop will be unlocked immediately upon release, and additional LAYER can be claimed through Epoch in the next 6 months. The inspection window opens at 20:00 Beijing time on February 11, 2025, and will remain open for 30 days until 20:00 Beijing time on March 4, 2025. Users who fail to initiate a claim during this period will lose their tokens. Unclaimed LAYER will be reallocated for future airdrops. LAYER tokens attributed after the initial claim period will not be affected.

Story will launch token issuance and staking rewards on March 4, releasing 55,555 IPs per day

Story will officially launch IP token issuance on March 4, 2025 (block 1,580,851), releasing 55,555 IPs per day and simultaneously launching staking rewards. Currently in the singularity period, users can stake but no rewards will be given, which will take effect after the Big Bang Block. The staking reward mechanism adopts a time-weighted model, with flexible staking of 1x, 1.1x for 90 days, 1.5x for 360 days, and 2x for 540 days, while locked staking only enjoys 0.5x rewards (locked for 6 months). Story encourages long-term staking to enhance the security and stability of decentralized AI native IP infrastructure.

Token unlocking:

Staika (STIK) will unlock approximately 1.57 million tokens at 8:00 am Beijing time on March 4, worth approximately US$8 million

March 5

Project dynamics:

Ethereum Foundation: Pectra network upgrade is scheduled to go live on Sepolia on March 5

The Pectra network upgrade is scheduled to be launched on the Ethereum testnet. It went live on Holesky at epoch 115968 (05:55 Beijing time on February 25), and then went live on Sepolia at epoch 222464 (15:29 Beijing time on March 5). The Pectra testnet client versions are listed below. After the two testnets are successfully upgraded, a mainnet activation epoch will be selected. Pectra follows last year's Dencun upgrade. It introduces more features such as enhanced Ethereum accounts, improved validator experience, support for L2 expansion, etc.

Token unlocking:

Ethena (ENA) will unlock approximately 2.07 billion tokens at 3:00 pm Beijing time on March 5, accounting for 66.19% of the current circulation, with a value of approximately US$835 million.

March 6

Macroeconomics:

Federal Reserve releases Beige Book on economic conditions

March 7

Macroeconomics:

US Nonfarm Payrolls Report

Policy supervision:

White House to host first cryptocurrency summit on March 7

The White House will host the first-ever cryptocurrency summit on March 7. President Trump will attend and speak at the first-ever White House cryptocurrency summit on March 7. Attendees will include prominent founders, CEOs, and investors in the cryptocurrency industry, as well as members of the President’s Digital Asset Task Force. The summit will be hosted by White House A.1. and cryptocurrency czar David Sacks, and managed by the task force’s executive director, Bo Hines.

Token unlocking:

Kaspa (KAS) will unlock approximately 162 million tokens at 8:00 am Beijing time on March 7, accounting for 0.63% of the current circulation, with a value of approximately US$12.8 million.

Neon (NEON) will unlock approximately 53.91 million tokens at 8:00 am Beijing time on March 7, accounting for 22.51% of the current circulation, with a value of approximately US$8.4 million.

March 8

Macroeconomics:

Federal Reserve Chairman Powell speaks at the University of Chicago Booth School of Business

Project dynamics:

Japan’s SBI Group will complete the integration of DMM Bitcoin customer accounts and assets by March 8

Japanese securities giant SBI Group announced that its crypto business has achieved a record quarterly profit. SBI also cooperated with USDC operator Circle to promote the launch of USDC trading pairs in Japan. In addition, the company has reached an agreement with DMM Bitcoin to complete the integration of DMM Bitcoin customer accounts and assets on March 8, 2025. This integration covers the yen and spot crypto assets of all DMM Bitcoin customers, and no additional operations are required by customers, which will be handled uniformly by SBI VC Trade. This integration will add 14 new spot trading assets, including NIDT, MONA, SAND, TRX, BAT, ALGO, APE, AXS, ETC, ENJ, CHZ, MKR, OMG, and FCR. After the integration, the total number of crypto assets supported by SBI VC Trade will increase to 38.

March 9

None

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Over 60% of crypto press releases linked to high-risk or scam projects: Report

Over 60% of crypto press releases linked to high-risk or scam projects: Report

A data analysis shows crypto press release wires are dominated by scam-linked projects, hype-driven content and low-impact announcements, raising concerns about
Share
Crypto.news2026/02/04 22:02
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals

BitcoinWorld Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals The financial world often keeps us on our toes, and Wednesday was no exception. Investors watched closely as the US stock market concluded the day with a mixed performance across its major indexes. This snapshot offers a crucial glimpse into current investor sentiment and economic undercurrents, prompting many to ask: what exactly happened? Understanding the Latest US Stock Market Movements On Wednesday, the closing bell brought a varied picture for the US stock market. While some indexes celebrated gains, others registered slight declines, creating a truly mixed bag for investors. The Dow Jones Industrial Average showed resilience, climbing by a notable 0.57%. This positive movement suggests strength in some of the larger, more established companies. Conversely, the S&P 500, a broader benchmark often seen as a barometer for the overall market, experienced a modest dip of 0.1%. The technology-heavy Nasdaq Composite also saw a slight retreat, sliding by 0.33%. This particular index often reflects investor sentiment towards growth stocks and the tech sector. These divergent outcomes highlight the complex dynamics currently at play within the American economy. It’s not simply a matter of “up” or “down” for the entire US stock market; rather, it’s a nuanced landscape where different sectors and company types are responding to unique pressures and opportunities. Why Did the US Stock Market See Mixed Results? When the US stock market delivers a mixed performance, it often points to a tug-of-war between various economic factors. Several elements could have contributed to Wednesday’s varied closings. For instance, positive corporate earnings reports from certain industries might have bolstered the Dow. At the same time, concerns over inflation, interest rate policies by the Federal Reserve, or even global economic uncertainties could have pressured growth stocks, affecting the S&P 500 and Nasdaq. Key considerations often include: Economic Data: Recent reports on employment, manufacturing, or consumer spending can sway market sentiment. Corporate Announcements: Strong or weak earnings forecasts from influential companies can significantly impact their respective sectors. Interest Rate Expectations: The prospect of higher or lower interest rates directly influences borrowing costs for businesses and consumer spending, affecting future profitability. Geopolitical Events: Global tensions or trade policies can introduce uncertainty, causing investors to become more cautious. Understanding these underlying drivers is crucial for anyone trying to make sense of daily market fluctuations in the US stock market. Navigating Volatility in the US Stock Market A mixed close, while not a dramatic downturn, serves as a reminder that market volatility is a constant companion for investors. For those involved in the US stock market, particularly individuals managing their portfolios, these days underscore the importance of a well-thought-out strategy. It’s important not to react impulsively to daily movements. Instead, consider these actionable insights: Diversification: Spreading investments across different sectors and asset classes can help mitigate risk when one area underperforms. Long-Term Perspective: Focusing on long-term financial goals rather than short-term gains can help weather daily market swings. Stay Informed: Keeping abreast of economic news and company fundamentals provides context for market behavior. Consult Experts: Financial advisors can offer personalized guidance based on individual risk tolerance and objectives. Even small movements in major indexes can signal shifts that require attention, guiding future investment decisions within the dynamic US stock market. What’s Next for the US Stock Market? Looking ahead, investors will be keenly watching for further economic indicators and corporate announcements to gauge the direction of the US stock market. Upcoming inflation data, statements from the Federal Reserve, and quarterly earnings reports will likely provide more clarity. The interplay of these factors will continue to shape investor confidence and, consequently, the performance of the Dow, S&P 500, and Nasdaq. Remaining informed and adaptive will be key to understanding the market’s trajectory. Conclusion: Wednesday’s mixed close in the US stock market highlights the intricate balance of forces influencing financial markets. While the Dow showed strength, the S&P 500 and Nasdaq experienced slight declines, reflecting a nuanced economic landscape. This reminds us that understanding the ‘why’ behind these movements is as important as the movements themselves. As always, a thoughtful, informed approach remains the best strategy for navigating the complexities of the market. Frequently Asked Questions (FAQs) Q1: What does a “mixed close” mean for the US stock market? A1: A mixed close indicates that while some major stock indexes advanced, others declined. It suggests that different sectors or types of companies within the US stock market are experiencing varying influences, rather than a uniform market movement. Q2: Which major indexes were affected on Wednesday? A2: On Wednesday, the Dow Jones Industrial Average gained 0.57%, while the S&P 500 edged down 0.1%, and the Nasdaq Composite slid 0.33%, illustrating the mixed performance across the US stock market. Q3: What factors contribute to a mixed stock market performance? A3: Mixed performances in the US stock market can be influenced by various factors, including specific corporate earnings, economic data releases, shifts in interest rate expectations, and broader geopolitical events that affect different market segments uniquely. Q4: How should investors react to mixed market signals? A4: Investors are generally advised to maintain a long-term perspective, diversify their portfolios, stay informed about economic news, and avoid impulsive decisions. Consulting a financial advisor can also provide personalized guidance for navigating the US stock market. Q5: What indicators should investors watch for future US stock market trends? A5: Key indicators to watch include upcoming inflation reports, statements from the Federal Reserve regarding monetary policy, and quarterly corporate earnings reports. These will offer insights into the future direction of the US stock market. Did you find this analysis of the US stock market helpful? Share this article with your network on social media to help others understand the nuances of current financial trends! To learn more about the latest stock market trends, explore our article on key developments shaping the US stock market‘s future performance. This post Crucial US Stock Market Update: What Wednesday’s Mixed Close Reveals first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 05:30