U.S. stocks strengthen, with the Nasdaq up 1% and the S&P 500 index up 0.59%

SBI issues 10 billion yen digital bonds and rewards XRP, with a minimum participation of 10,000 yen for retail investors

On February 24, Japanese financial giant SBI Holdings announced that it will issue a 10 billion yen unsecured digital bond, the "SBI START Bond," on March 24. The bond will be open for subscription to retail investors in Japan, with a minimum investment threshold of just 10,000 yen. The issuance size is approximately $64.6 million, comparable to the scale of large digital bond issuances in Japan in recent years, and is seen as an important step for Japan's digital securities market to target individual investors. In terms of product design, SBI has introduced a crypto asset incentive mechanism, allowing investors to receive XRP token rewards. According to the plan, eligible domestic Japanese investors must register an account with SBI VC Trade to receive the related rewards. The XRP reward program will be distributed in May 2026, and the bonds will pay partial interest in installments from 2027 to 2029. Industry insiders believe this move will help expand the registration of digital asset accounts and increase retail investors' participation in blockchain financial products.

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

Bitmine Immersion Technologies increased its holdings by 51,162 ETH, bringing the total to 4.42 million ETH, accounting for 3.66% of the total supply. The market value is approximately $8.7 billion, making it the publicly listed company with the largest ETH holdings worldwide. Chairman Tom Lee stated that the reason for holding ETH is optimistic about its future potential, and 68.7% of the ETH has been staked, which is expected to generate substantial passive income.

Bitunix Analyst: US and Japan May Be Planning Joint Intervention, Rate Cut Expectations Fluctuate Again

Market focus shifts to exchange rates and interest rates. The U.S. Treasury Department has proactively initiated a "currency check" to support the yen, possibly related to uncertainties before the Japanese general election. Meanwhile, divergence in Federal Reserve policy paths and labor market performance will influence rate cut expectations. In the crypto market, BTC prices fluctuate, and attention should be paid to how the macro environment affects liquidity flows.

Bitcoin has fallen for five consecutive months, dropping below $63,000 again.

The cryptocurrency market continues to be sluggish, with Bitcoin falling below $63,000 and the panic index at an extreme fear level. Global stock markets have declined due to AI and geopolitical risks, while precious metals are favored. Tensions between Trump and Iran have escalated, and new tariff policies have triggered market panic, boosting risk aversion. Analysis indicates that the Bitcoin market needs to restore demand, and liquidity is expected to gradually recover.

Bitcoin spot ETF experiences 5 consecutive weeks of net outflows! The longest outflow streak in nearly a year

Recently, the cryptocurrency market has experienced a wave of capital withdrawals. The US Bitcoin spot ETF has seen net outflows for five consecutive weeks, totaling approximately $316 million. Since the start of this withdrawal trend on January 20, a total of about $3.8 billion has been wiped out. Although facing short-term pressure, long-term capital inflows still amount to $54 billion. Bitcoin is currently trading around $65,800, and analysts believe that if it can rebound above $70,000, selling pressure may have been exhausted.

Bitcoin Treasury Company Empery Digital shareholders publicly demand the CEO's resignation and the liquidation of all BTC

Empery Digital's major shareholder Tice P. Brown rejected the management's share buyback proposal, accusing it of being aimed at consolidating the CEO's position rather than protecting shareholders' interests. He demanded that CEO Ryan Lane resign and sell the company's Bitcoin assets to return funds to shareholders. The company currently holds approximately 4,081 Bitcoins, valued at about $258 million.