Cryptocurrency news digest for the night of March 5, 2025

Johny Smith

2025/03/23

3 mins read


According to the data on the morning of March 5, 2025, the BTC rate increased by 5.1% and reached $ 88,171. All other cryptocurrencies also added to cost over the past 24 hours. We note the growth of ETH quotations by 6.64%, XRP by 6.06%and SOL by 5.91%.

ETF movements on Bitcoin and Ethereum

Bitcoin funds recorded a clean outflow of $ 143 million. The total cost of ETF bitcoin assets amounted to $ 99.374 billion and fell below $ 100 billion. ETF for the air received a clean flow of $ 14.57 million for the first time in 8 days.

Pectra update has successfully passed in the test network Ethereum

The main developer of Ethereum under the pseudonym Terrence said that the Sepolia test network is successfully updated to the Pectra version. The upgrade includes the EIP-2935 EIP-7002 and EIP-7251. The upgrade of the main network will be held in mid -March 2025. This improvement will increase the productivity and stability of the network.

El Salvador: Bitcoin purchases continue

President of Salvadora Nayib Buyle said that the country will continue to buy bitcoins. He rejected the predictions of the termination of transactions. Earlier, the IMF said that the public sector should not voluntarily accumulate digital coins.

US tariff agreement with Canada and Mexico

US Secretary of Trade Howard Lyutnov said that the Trump administration may announce a plan for a decrease in tariffs. It provides for a compromise approach without completely canceling measures. If Canada and Mexico fulfill the USMCA rules, the tariffs will be revised.

Reddit the founder joined the Tiktok transaction

Reddit co -founder Alexis Okhanian joined the suggestion of Frank McCort to buy Tiktok US. He emphasized that users must own their data. The transaction provides for the integration of the Frequency blockchain protocol. This will strengthen transparency and control over the audience.

Liquidation Genesis Trading and Sale ETH

Large investor or company that received compensation in ETH From the liquidation, Genesis Trading sold 40 thousand coins for $ 89.2 million through OTC over the past 2 days. Earlier, this address received 114.5 thousand ETH in the amount of $ 358.19 million. The transaction caused analysts attention.

Launch of Kaito trading pairs on Upbit

The largest exchange of South Korea Upbit announced the launch of KAITO trading couples with KRW, BTC And USDT. Kaito is a platform based on artificial intelligence for analyzing virtual assets data. Listing will expand user capabilities.

Participation of cryptoexperts on White House Crypto Summit

The Fox Business reporter Eleanor Tertrett said that a number of famous cryptoexperts have confirmed participation in the White House Crypto Summit. Among them are Michael Sailor, David Bailey, as well as the founders of Paradigm Exodus and representatives of Multicoin Capital.

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