AICoin Daily Report (March 10)

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10 hours ago

1. Trump to Appoint Vice Chair for Supervision at the Federal Reserve

U.S. President Trump has stated that he will appoint a Vice Chair for Supervision at the Federal Reserve in the near future.   -Original

2. CZ Says the Crypto Space Needs Long-Term Wealth Accumulation

CZ posted on social media: "Sharing an unpopular opinion: In the cryptocurrency space, too much money is spent chasing short-term small gains. In reality, the focus should be on building teams for long-term development. True wealth is accumulated slowly through enduring perseverance."   -Original

3. Crypto Market Liquidation Reaches $120 Million

4. CZ Suggests Banning All Bots on X Platform

Binance founder and former CEO Changpeng Zhao (commonly known as CZ) stated in a post on X that the platform "should ban all bots." Last year, Zhao expressed on the platform that he hoped X could better "clean up" fake accounts impersonating him.   -Original

5. Total Market Cap of Cryptocurrencies Drops to $2.73 Trillion

The current total market cap of cryptocurrencies is $2.73 trillion, with a 24-hour evaporation of $11.8441 billion, a decline of 4.14%. Among them, Bitcoin's market cap accounts for 60.09%, while Ethereum's market cap accounts for 9.33%.   -Original

6. Securitize Appoints Georgia Quinn as Chief Legal Officer

Securitize, an asset tokenization platform backed by BlackRock, announced the appointment of former Anchorage executive Georgia Quinn as Chief Legal Officer, aiming to promote the adoption of compliant tokenized securities in traditional financial markets. Previously, Securitize also appointed former Grayscale executive Michael Sonnenshein as Chief Operating Officer.   -Original

7. CZ Responds to Bitcoin Reserves Leading to Decreased Exchange Holdings

weRate co-founder Quinten Francois disclosed data on the X platform stating that the U.S. is creating a strategic Bitcoin reserve, while the "reserve amount" of Bitcoin on exchanges has significantly decreased. In response, Binance co-founder CZ stated: "People are withdrawing Bitcoin from exchanges to their own wallets, which means they are choosing to hold."   -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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