According to Cointelegraph, Fidelity Investments has taken a significant step in the blockchain tokenization space by filing to register a tokenized version of its US dollar money market fund on the Ethereum network. This move aligns Fidelity with other major asset managers like BlackRock and Franklin Templeton, who have also ventured into blockchain tokenization. The filing, submitted on March 21 to the US Securities and Exchange Commission, outlines plans for a new share class named 'OnChain.' This initiative is designed to enhance transparency and provide verifiable tracking of share transactions for the Fidelity Treasury Digital Fund (FYHXX), an $80 million fund primarily composed of US Treasury bills. While the OnChain share class awaits regulatory approval, Fidelity anticipates its implementation by May 30. Despite the innovative approach, Fidelity will continue to maintain traditional book-entry records as the official ownership ledger. The secondary recording of the OnChain class on the blockchain will not serve as the official record of ownership. Instead, the transfer agent will reconcile these blockchain transactions with the official records on a daily basis. Fidelity has clarified that the US Treasury bills themselves will not be directly tokenized. The asset manager, which oversees $5.8 trillion, has indicated potential plans to expand OnChain to other blockchains in the future. The trend of asset managers turning to blockchain for tokenizing Treasury bills, bonds, and private credit has been growing over recent years. The market for real-world asset (RWA) tokenization of Treasury products is currently valued at $4.78 billion, with BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) leading at $1.46 billion, as reported by rwa.xyz. Ethereum remains the dominant network for tokenized RWAs, with over $3.3 billion worth of assets, followed by Stellar at $465.6 million. Robbie Mitchnick, BlackRock’s head of crypto, emphasized Ethereum's role as the 'natural default answer' for traditional finance firms seeking to tokenize RWAs onchain. He highlighted the value clients place on decentralization, credibility, and security, which are key advantages of Ethereum. Mitchnick shared these insights at the Digital Asset Summit in New York on March 20, underscoring Ethereum's continued prominence in the blockchain space.

On Mar 23, 2025, 23:58 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 86,000 USDT benchmark and is now trading at 86,066.023438 USDT, with a narrowed 2.66% increase in 24 hours.

OKX market shows that BTC has broken through 86,000 USDT and is now at 86,019.5 USDT, with a 24-hour increase of 2.59%. (This newsletter is generated by AI)

Solana is seeing record growth that is in line with major ecosystem development. The protocol now boasts more wallets holding SOL amid growing network activity. Institutional interest is also rising, raising questions about how these developments will impact Solana’s price. source: https://www.thecoinrepublic.com/2025/03/23/solana-adoption-soars-to-ath-implication-for-sol-price/

According to PANews, OpenAI is contemplating a significant reduction in the subscription fees for ChatGPT in the Indian market. The proposed adjustment could lower the monthly cost to between $3 and $5, representing a potential decrease of up to 85% from the current $20 fee. In addition, OpenAI is in discussions with India's Reliance Industries to explore a partnership. This collaboration may involve the distribution of ChatGPT services through Reliance's subsidiary, Jio, and could include hosting the model locally in India. These efforts aim to enhance the deployment and application of AI technology within the country.

According to PANews, on March 24, USDC Treasury minted 250 million USDC tokens on the Solana blockchain. This transaction, monitored by Whale Alert, occurred at 04:00 UTC+8 and is valued at approximately $249,973,750.

According to Odaily, Bitcoin mining difficulty has increased by 1.4%, reaching 113.76 trillion at block 889,081 on March 23, compared to the previous cycle's 112.1 trillion. Despite this rise, the hash price, which represents miners' daily revenue per unit of hash power, remains stable at approximately $48 per petahash per second (PH/s). Data from CoinWarz highlights this trend. TheMinerMag reports that a hash price below $50 could financially strain miners using older hardware like Antminer S19 XP and S19 Pro. The combination of outdated equipment and declining network transaction fees may render some mining operations unprofitable, potentially forcing miners to shut down their hardware until they upgrade their application-specific integrated circuits (ASICs) or until network conditions improve.

Is this the start of a great time? source: https://ambcrypto.com/breaking-down-bnb-chains-latest-jump-5-6-tvl-rise-and-2-61b-dex-surge/

Despite a small 1.4% increase in Bitcoin mining difficulty, the Bitcoin mining hash price (how much miners earn per unit of hashing power per day for mining blocks) remained at around $48 per PH/s. Data from CoinWarz shows that on March 23, at block 889,081, Bitcoin mining difficulty climbed to 113.76 PH/s, up from 112.1 PH/s in the previous cycle. As reported by TheMinerMag, hash prices below $50 can put financial pressure on miners running older hardware such as the Antminer S19 XP and S19 Pro. Older hardware, combined with falling network transaction fees, could push some miners into an unprofitable situation — forcing them to shut down their hardware until they upgrade their application-specific integrated circuits (ASICs) or network conditions change.

Odaily Planet Daily News CZ posted on the X platform that "Going long on mubarak on APX Finance is the first time to test on-chain perpetual contracts. I just want to experience it and see if there is still miner extractable value (MEV). You may find it hard to believe that I have never traded futures on Binance (centralized exchange). Although I have seen many product demonstrations."

This article provides some basic tips for improving computer privacy and security, covering password managers, hardware security keys, hard drive encryption, biometrics, and more.

The return of “sound money” will not happen overnight, but will be a generational shift.

As Michael Saylor said, volatility is a gift to the loyal. On a road full of unknowns and challenges, sticking to beliefs and embracing innovation may be the key to building the future era of digital capital.

Explore the development of the Indian ecosystem, regulatory challenges, and strategies for project success in this emerging market.

The importance of DeFi to the core business of traditional finance has been highlighted, and traditional finance has gone from suspicion to recognition, believing that it will bring about systemic improvements.

It is said that BTC is now in an oversold state. It is currently an oversold time in the market.

In the current credit currency stage, without monetary credit, there can be no real credit currency. To imagine returning to the metal standard or to find a new anchor for the currency is to ignore or misunderstand the nature and development logic of the currency, which is a regression rather than progress.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Looking back at the time when we were preaching RWA in 2023/2024, we were often criticized because of 2.5 and the institutional market. However, the wind has changed recently. KOLs with thick eyebrows and big eyes and various associations and alliances have begun to flock to RWA like mushrooms after rain. This enthusiastic atmosphere is about to usher in summer.

The original intention of the new policy is to provide billions of people around the world with a new channel to "subscribe to the United States", that is, to use US dollar stablecoins to purchase US assets on the chain, thereby hedging the threat posed by the hollowing out of US industry and high debt to the international status of the US dollar.