KuCoin Crypto Daily(2026-03-02)

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Today's Highlights

1. $OM Token to Rebrand as $MANTRA with Supply Expansion

2. XRP Spot Trading Volume Surges 212% on Bitrue

3. Whale Accumulation and Market Volatility Signal Uncertainty

4. Bitcoin ETF Sees $380M Net Outflow Over Five Weeks

5. Ripple CEO Predicts 90% Likelihood of CLARITY Act Passage by April 2026


Macro News

Bitcoin ETFs recorded a $380 million net outflow over five weeks before a sudden reversal in data trends. This highlights structural concerns as institutional interest waned during periods of high tariff uncertainty.


Ripple CEO Brad Garlinghouse stated that the CLARITY Act, which addresses stablecoin yield disputes and crypto-banking ties, has a 90% likelihood of passing by April 2026, signaling regulatory progress in the U.S.


Fed Rate Hold Probability Reaches 93.6% in March

The probability of the Federal Reserve maintaining interest rates in March has reached 93.6%. Markets have priced in this outcome, shifting focus to upcoming economic data and geopolitical developments.


Asia Equities Plunge Amid Middle East Tensions

Asian equities, including the Nikkei, fell sharply as Middle East tensions drove oil prices up by 13%. Bitcoin remains stable around $66.5K, testing its safe-haven status against traditional risk assets.


Whale Accumulation and BTC Longs Rise Amid Gold Short Losses

Whales are increasing BTC long positions to hedge against losses in gold short positions. One whale added $200,000 in BTC longs, signaling a strategy to use Bitcoin as a digital hedge against physical gold volatility.


Industry Hotspots

MagicEden to Discontinue Ethereum and Bitcoin NFT Market Support

MagicEden will stop supporting Ethereum and Bitcoin NFT markets, including Runes and Ordinals, by April 1, 2026. The company is shifting focus to its prediction market, Dicey.


Uniswap v4 Launches with New Hooks Functionality

Uniswap v4 has been deployed on Ethereum mainnet, introducing new Hooks functionality and a singleton contract design. These updates are expected to significantly reduce gas fees for users.


Stablecoin USDC Circulation Surges to $75.3 Billion

Circle’s USDC stablecoin circulation increased by 72% to $75.3 billion, with revenue reaching $2.7 billion. Despite this, the company reported a net loss despite holding $76.5 billion in reserves.


Ethereum Development Could Accelerate with AI Support

Vitalik Buterin suggested that AI could help accelerate Ethereum development by improving security through formal verification, testing, and multiple builds, potentially speeding up the roadmap.


Solana Maintains High Liquidity Despite Price Dip

Solana’s price dipped 4.36% to $84.14 in 24 hours, but its $4.57 billion trading volume remains strong. The network’s circulating supply is 91.66%, and its market cap remains at $47.92 billion.


KOL and Institutions

@VitalikButerin

Ethereum co-founder Vitalik Buterin outlined a long-term plan to make Ethereum faster and quantum-resistant, starting with shorter slot times and near-instant finality.

@elonmusk

Elon Musk’s business empire is valued at over $2.75 trillion, with Dogecoin playing a growing role in his public persona. He has been vocal about using Dogecoin for Twitter verification.

@Fincoins

Cryptocurrency prices fell sharply in the last 24 hours, with Bitcoin at $66,926 (-0.57%), Ethereum at $1,977.92 (-1.73%), and Solana at $84.61 (-3.4%). Market sentiment remains bearish.

@javedahmedhere

Bitcoin dropped to $66,196 (-2.5%), Ethereum to $1,949 (-4.4%), and Solana to $84 (-4.3%) in the last 4 hours. The fear and greed index remains at 10, indicating extreme fear.

@cwtony89

Top 10 cryptocurrencies by market cap all fell in the last 24 hours, led by Bitcoin (-2.85%), Ethereum (-2.10%), and Solana (-1.90%). Only FIGR_HELOC and USDS showed positive changes.

@marketmetrics_

The stablecoin market cap rose to $309.5 billion (+0.05%), and Bitcoin’s dominance increased to 58.48% (+0.05%). The fear and greed index remains at 14, indicating extreme fear.

@bitcoindinos

Major cryptocurrencies rebounded sharply, with Ethereum up 10.8%, Solana up 10.8%, and XRP up 5.6% from weekend losses. Whale accumulation is increasing, signaling potential market bottoming.

@kicchox

XRP, Solana, and Ethereum were among the top-performing assets in the last 24 hours. PAXG and USCR also saw significant movement, reflecting ongoing market volatility and interest in gold-linked tokens.

Bitcoin rose to $67,924 (+3.1%), Ethereum to $2,042 (+6.1%), and Solana to $88 (+7.5%) in the last 4 hours. The fear and greed index remains at 14, indicating extreme fear despite price gains.

@elonmusk

Musk’s companies, including Tesla, SpaceX, and X, are collectively valued at over $2.75 trillion. He continues to promote Dogecoin as a people’s cryptocurrency, raising questions about its future role.


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