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On March 12, it was reported that the main development branch of the Bitcoin client Bitcoin Core has merged the Cluster Mempool update (PR#34616), which is expected to be included in the upcoming Bitcoin Core 31.0 version. This upgrade will redesign how nodes manage pending transactions (mempool) by grouping related transactions for processing, improving block packaging efficiency and optimizing fee calculation for RBF and CPFP transactions.

[The main branch of the Bitcoin Core client development team has been merged with the Cluster Mempool update.]On March 12, it was reported that the main development branch of the Bitcoin client Bitcoin Core has merged the Cluster Mempool update (PR#34616), which is expected to be included in the upcoming Bitcoin Core 31.0 version. This upgrade will redesign how nodes manage pending transactions (mempool) by grouping related transactions for processing, improving block packaging efficiency and optimizing fee calculation for RBF and CPFP transactions.

The main branch of the Bitcoin Core client development team has been merged with the Cluster Mempool update.

On March 12, according to local sources in the UAE @rami_hashimi, due to geopolitical situations, the demand for stablecoins in Dubai has surged, with the "OTC counters crowded with people inquiring about USDC." The sources stated that due to the inefficiency of bank wire transfers in the area, large funds have shifted to on-chain flows. According to DefiLlama data, the supply of USDC has surged by 3.03% in the past week, equivalent to about 2.36 billion USD.

[Due to geopolitical tensions, USDC has issued over 2.3 billion coins in the past week.]On March 12, according to local sources in the UAE @rami_hashimi, due to geopolitical situations, the demand for stablecoins in Dubai has surged, with the "OTC counters crowded with people inquiring about USDC." The sources stated that due to the inefficiency of bank wire transfers in the area, large funds have shifted to on-chain flows. According to DefiLlama data, the supply of USDC has surged by 3.03% in the past week, equivalent to about 2.36 billion USD.

Due to geopolitical tensions, USDC has issued over 2.3 billion coins in the past week.

Patrick Witt, Executive Director of the U.S. President's Digital Asset Advisory Committee, stated that in discussions about "rewards / yield," a frequently overlooked fact is that stablecoins compliant with the GENIUS Act requirements actually bring deposit inflows.

[White House crypto advisor: Stablecoins compliant with the GENIUS Act may drive net inflows of dollar deposits into the US banking system.]Patrick Witt, Executive Director of the U.S. President's Digital Asset Advisory Committee, stated that in discussions about "rewards / yield," a frequently overlooked fact is that stablecoins compliant with the GENIUS Act requirements actually bring deposit inflows.

White House crypto advisor: Stablecoins compliant with the GENIUS Act may drive net inflows of dollar deposits into the US banking system.

HTX data showed that BTC fell below 70000  USDT and is now at 69986.82 USDT, with a decrease of 0.03% in 24H.

[BTC fell below 70000  USDT] HTX data showed that BTC fell below 70000  USDT and is now at 69986.82 USDT, with a decrease of 0.03% in 24H.

BTC fell below 70000  USDT

HTX data showed that TRX fell below 0.29  USDT and is now at 0.28999 USDT, with a increase of 1.87% in 24H.

[TRX fell below 0.29  USDT] HTX data showed that TRX fell below 0.29  USDT and is now at 0.28999 USDT, with a increase of 1.87% in 24H.

TRX fell below 0.29  USDT

HTX data showed that BTC broke through 71000  USDT and is now at 71024.34 USDT, with a decrease of 0.10% in 24H.

[BTC broke through 71000  USDT] HTX data showed that BTC broke through 71000  USDT and is now at 71024.34 USDT, with a decrease of 0.10% in 24H.

BTC broke through 71000  USDT

&nbsp;sources from the Iraqi security department said on the evening of the 11th local time that explosions were heard in the southwest of Baghdad, the capital of Iraq. (CCTV News)

[Explosions were heard in southwestern Baghdad, the Iraqi capital.]&nbsp;sources from the Iraqi security department said on the evening of the 11th local time that explosions were heard in the southwest of Baghdad, the capital of Iraq. (CCTV News)

Explosions were heard in southwestern Baghdad, the Iraqi capital.

on the 11th, German Federal Minister for Economic Affairs and Energy Katarina Reiche stated that due to the surge in global energy prices caused by the US and Israel's military strikes on Iran, Germany will release 19.51 million barrels of strategic oil reserves to alleviate the pressure of rising oil prices. The German government will also impose restrictions on how gas stations adjust fuel prices, allowing price increases only once per day, while decreases are unrestricted. Reiche said that past energy crises have shown that oil prices rise quickly but fall slowly, so it is necessary to stabilize market fluctuations by limiting the frequency of price increases. Germany has used its strategic oil reserves three times so far: during the Gulf War in the 1990s, after Hurricane Katrina hit the US in 2005, and during the 2011 Libyan war which caused oil export disruptions. (Xinhua News Agency)

[Germany will release nearly 20 million barrels of oil reserves.]on the 11th, German Federal Minister for Economic Affairs and Energy Katarina Reiche stated that due to the surge in global energy prices caused by the US and Israel's military strikes on Iran, Germany will release 19.51 million barrels of strategic oil reserves to alleviate the pressure of rising oil prices. The German government will also impose restrictions on how gas stations adjust fuel prices, allowing price increases only once per day, while decreases are unrestricted. Reiche said that past energy crises have shown that oil prices rise quickly but fall slowly, so it is necessary to stabilize market fluctuations by limiting the frequency of price increases. Germany has used its strategic oil reserves three times so far: during the Gulf War in the 1990s, after Hurricane Katrina hit the US in 2005, and during the 2011 Libyan war which caused oil export disruptions. (Xinhua News Agency)

Germany will release nearly 20 million barrels of oil reserves.

HTX data showed that XMR fell below 350  USDT and is now at 349.42 USDT, with a increase of 0.21% in 24H.

[XMR fell below 350  USDT] HTX data showed that XMR fell below 350  USDT and is now at 349.42 USDT, with a increase of 0.21% in 24H.

XMR fell below 350  USDT

Bitcoin Fear and Greed Index is 54. Neutral.
Current Price: $29920.56.

[Bitcoin Fear and Greed Index is 54]Bitcoin Fear and Greed Index is 54. Neutral.
Current Price: $29920.56.

Bitcoin Fear and Greed Index is 54

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Bitcoin Fear and Greed Index is 54

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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