Daily News | BNB Chain MUBARAK Market Cap Exceeded $200 Million, PLUME Rose More Than 20% In A Single Day
Crypto Daily Digest: WLFI included SUI and ONDO in its strategic reserves, and YZi Labs announced investment in Plume Network
According to Farside Investors data, the total net inflow of US Bitcoin spot ETFs yesterday was $274 million, of which BlackRock IBIT received $42 million and Fidelity FBTC received $127 million. This is the largest single-day ETF inflow since February 7, 2025.
Yesterday, the Ethereum spot ETF had a total outflow of $7.3 million, of which Grayscale ETHE had an outflow of $7.3 million, and BlackRock ETHA data has not been updated yet. The ETH/BTC exchange rate is currently at 0.023, which continues to be at a nearly 4-year low.
YZi Labs Announced Investment in Plume Network
Last night, YZi Labs announced an investment in Plume Network, aiming to bring real-world assets on-chain and advance RWAfi. Plume is building an EVM-compatible environment that can not only introduce diverse RWAs, but also connect them to a composable RWAfi eco to give them practicality.
Plume Network is the first modular RWAFi blockchain tailored for RWAs. It simplifies the way real-world assets are on-chain by embedding compliance and asset tokenization directly into the protocol layer. While other protocols focus primarily on financial instruments, Plume’s architecture is designed to accommodate a wider range of assets, including collectibles, commodities, and even real-world data feeds, which opens up new possibilities for decentralized finance (DeFi) and institutional participation.
WLFI announced that it has included BTC, ETH, TRX, LINK, SUI, and ONDO in its strategic token reserves
According to official news, Trump’s crypto project WLFI announced the completion of a token sale totaling $550 million, with more than 85,000 participants completing KYC certification.
WLFI “Macro Strategy” also allocates a variety of digital assets in its strategic reserve plan, including BTC, ETH, TRX, LINK, SUI and ONDO tokens. “Macro Strategy” may be used in part to support WLFI in funding innovative projects, promoting eco growth, and creating new opportunities in the rapidly developing DeFi field.
Lazard view: The Fed is not expected to cut interest rates until 2025
Lazard chief market strategist Temple analyzed that due to inflation risks, Lazard still expects the Federal Reserve not to cut interest rates in 2025. He said that Lazard’s views differ significantly from the market consensus, and the market generally believes that there may be three interest rate cuts this year.
“My view diverges from the consensus view because I expect U.S. tariffs to expand in scope and size, pushing up inflation, by 2025,” Temple said. A reacceleration of inflation wouldn’t necessarily lead to a rate hike, but rising price pressures could keep the Fed from easing policy if unemployment rises, he said.
Market Trends: MUBARAK went online and rose more than 50 times, PLUME rose 20% in one day
Market Hotspots
BNB chain MUBARAK, CAKE, BNX, CHEEMS and other tokens all rose, and BNB chain became the best performing public chain in the eco project in recent times; Mubarak means blessing in Arabic, and the MUBARAK token of the same name is a meme project of BNB chain. Since its launch on March 13, the highest increase has exceeded 50 times. During this period, MUBARAK also received retweet support from CZ; MUBARAK’s market cap reached a maximum of $217 million, and is currently $190 million, ranking 224th in the entire market;
The RWA concept project Plume Network token PLUME surged 20% in the day, with a market cap exceeding $350 million; PLUME announced yesterday that it had received financing from a leading investment institution, and the news stimulated a surge in PLUME; since PLUME was listed on the exchange in late January, the price has been fluctuating in the range of $0.1-$0.15, and currently broke through $0.18, which may be worth paying attention to in the future market.
Mainstream Coins
BTC is in a small range of $82,500-$84,000. The market may fluctuate more around the Federal Reserve’s interest rate meeting on Thursday. Today’s AHR999 index is 0.81, indicating that it is suitable for long-termists to invest.
ETH has seen less volatility in the past week and has remained around $1,900. The ETH/BTC exchange rate has remained at a nearly 4-year low.
Altcoins saw mixed gains and losses, with only projects on the BNB chain seeing a general increase.
Macro News: The three major U.S. stock indexes closed higher, and the Federal Reserve is unlikely to cut interest rates in the first half of the year
The three major U.S. stock indexes closed higher, with the S&P 500 up 0.64% at 5,675.12 points, the Dow Jones up 0.85% at 41,841.63 points, and the Nasdaq up 0.31% at 17,808.66 points. The benchmark 10-year Treasury yield was 4.31%, and the 2-year Treasury yield, which is most sensitive to the Fed’s policy rate, was 4.06%.
Market analysis shows that the three major U.S. stock indexes are currently oversold to the highest level since 2022, market sentiment and position indicators have significantly eased, and seasonal factors in late March are expected to improve earnings revisions and stock price performance. In addition, the recent weakening of the U.S. dollar should help the first quarter earnings season and second quarter performance guidance, which is more advantageous than the fourth quarter of 2024. If historical patterns still apply, falling interest rates may increase the probability of economic data exceeding expectations.
Some people believe that the current US inflation remains above 3%, which means that the Fed cannot cut interest rates in advance in the first half of the year, so lower bond yields will become an “automatic stabilizer” for economic growth. The US Treasury yield curve will continue to flatten until the US significantly raises its debt ceiling or the Fed is forced to make large-scale interest rate cuts.
