Crypto Market Updates: ETF Applications, Network Upgrades, and Strategic Investments

1. **Franklin Templeton's $XRP Spot ETF Application**: Franklin Templeton has entered the $XRP ETF competition with a preliminary prospectus for the Franklin $XRP Trust, aiming to track $XRP prices. Coinbase Custody Trust Company will be the custodian.

2. **Binance Supports Conflux Network Upgrade**: Binance will suspend Conflux (CFX) token services on March 17, 2025, to support a network upgrade and hard fork.

3. **Jsquare's $50 Million Pioneer Fund**: Jsquare launched a $50 million Pioneer Fund focusing on AI, consumer applications, and Web3 fields, marking a significant milestone in blockchain ecosystem growth.

4. **Metaplanet's Bitcoin Investment**: Metaplanet issued 2 billion yen in bonds to purchase Bitcoin, expecting limited impact on fiscal 2025 results.

5. **Solana Inflation Reduction Proposal**: Solana's proposal to reduce $SOL's inflation rate by up to 80% has reached a quorum with 71.85% support.

6. **Grayscale's Hedera Spot ETF Application**: The SEC has accepted Grayscale's application for a Hedera (HBAR) spot ETF.

7. **Texas Bitcoin Investment Limit Proposal**: Texas lawmakers proposed limiting state and local government Bitcoin investments, with a federal strategic Bitcoin reserve also under discussion.

8. **USDC Treasury Mints $250 Million on Solana**: USDC Treasury minted $250 million USDC on the Solana blockchain.

9. **Mesh's $82 Million Series B Financing**: Crypto payment company Mesh completed an $82 million Series B round to expand its stablecoin-based payment network.

10. **OpenAI's New AI Development Tools**: OpenAI launched the Responses API and Agents SDK to simplify AI agent development.

11. **SEC Postpones Crypto Spot ETF Approvals**: The SEC postponed approvals for several crypto spot ETFs, including ADA, $SOL, and XRP.

12. **US House Overturns IRS DeFi Broker Rules**: The US House voted to overturn IRS rules requiring DeFi platforms to collect taxpayer information.

13. **Stock Market Movements**: Tesla, Strategy, and Coinbase stocks rebounded significantly, while major indices closed lower.

14. **OKX Clarifies Misleading Bloomberg Article**: OKX refuted claims of being under EU investigation, clarifying its role in a security breach.

15. **Coinbase to List RedStone (RED)**: Coinbase will support RedStone (RED) on the Ethereum network, with trading conditions pending.

16. **Jupiter's "2030 Lock-in" Proposal Passed**: Jupiter's proposal to lock 280 million JUP tokens until 2030 passed with 63% support.

17. **Mingcheng Group's Bitcoin Purchase**: Mingcheng Group's subsidiary purchased 333 Bitcoins for $27 million as a short-term investment.

18. **Amber Group Transfers 20,000 $ETH**: Amber Group transferred 20,000 $ETH to various CEXs, valued at $37.36 million.

19. **Axelar Foundation's $30M AXL Token Sale**: Axelar Foundation announced a $30 million AXL token sale to expand its interoperability protocol.

20. **StarkWare's Strategic Bitcoin Reserve**: StarkWare established a Bitcoin reserve and announced plans to integrate Bitcoin with Ethereum.

21. **Bitwise's Bitcoin Standard Corporations ETF**: Bitwise launched an ETF tracking companies holding over 1,000 $BTC, with Strategy as a major holding.

22. **GoPlus Security's Buyback and Compensation Plan**: GoPlus Security announced a $4.34 million buyback and $2 million compensation plan for GPS token holders.

23. **CBOE's Staking Proposal for Fidelity Ethereum ETF**: CBOE proposed adding staking functionality to the Fidelity Ethereum ETF.

24. **Cynthia Lummis Resubmits Bitcoin Bill**: Senator Cynthia Lummis announced a new version of a Bitcoin bill to establish a strategic reserve.

25. **EU Reviews OKX's Web3 Services**: EU regulators are reviewing OKX's Web3 services for potential regulatory scope.

26. **Circle's USDC Protocol Update**: Circle updated its protocol to reduce USDC cross-chain settlement times to seconds.

27. **Bitcoin Spot ETF Net Outflow**: Bitcoin spot ETFs experienced a $369 million net outflow, continuing a six-day trend.

28. **Bubblemaps' BMT Token Economics**: Bubblemaps released BMT token economics, detailing supply distribution and airdrop plans.

29. **Lens Chain's Mainnet Launch**: Lens Chain announced its upcoming mainnet launch after joining the Elastic Network.

30. **YZi Labs' Investment in BNB/BSC Project**: YZi Labs plans to invest in a project using BNB/BSC as the main payment option.

31. **Bubblemaps Airdrop Query for V2 Users**: Bubblemaps opened airdrop inquiries for V2 users, using a lottery system to select eligible participants.