according to Cointelegraph, the U.S. Department of the Treasury stated that the legal challenge brought against Tornado Cash should be considered "undisputed" due to its removal from the sanctions list on March 21. The U.S. Department of the Treasury stated in a declaration: "Because this court, like all federal courts, has a continuing obligation to ensure its jurisdiction over cases under Article III of the Constitution, it is necessary to debate the 'undisputed' issue." However, Coinbase's Chief Legal Officer Paul Grewal believes that the Treasury's desire to declare the case undisputed before a formal judgment is not in accordance with proper legal procedure. He stated: "After reluctantly removing Tornado Cash from the list, they now claim that there is no need for a final court judgment. But this is not a legal requirement, they know it themselves." Grewal pointed out: "According to the 'voluntary cessation exception,' a defendant's decision to cease the challenged conduct can only make the case undisputed if the defendant can prove that the conduct 'is not reasonably expected to recur.' " He also cited a 2024 Supreme Court ruling, which found that removing U.S. citizen Yonas Fikre from the no-fly list did not render his legal challenge moot, as the ban could be reinstated in the future. "Here, the Treasury also removed the Tornado Cash entity from the specially designated nationals list, but provided no assurance that it would not be listed again. This is not enough, we will make this clear to the district court," Grewal added. In August 2022, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, accusing the protocol of assisting the North Korean hacker group Lazarus Group in money laundering. Subsequently, several Tornado Cash users filed lawsuits against the regulatory agencies. After a favorable ruling for Tornado Cash by the court, the U.S. Department of the Treasury removed the mixing service from the sanctions list on March 21 and deleted dozens of smart contract addresses related to Tornado from the Specially Designated Nationals (SDN) list.

On March 24th, ARK Invest founder Cathie Wood stated that the United States has entered a rolling recession (rotating recession in different industries). Cathie Wood is pessimistic about the short-term outlook for the U.S. economy, but expects the Federal Reserve and the Trump administration to take action soon. Cathie Wood pointed out that Trump's heavy tariffs and wave of layoffs are forcing American families to tighten their wallets, the fear of unemployment is causing the savings rate to soar, and the consumption engine is suddenly stalling. She revealed that Ark Investment has recently bottomed out Tesla, Coinbase, and Robinhood, among other cryptocurrency-related assets, believing that "technological disruption will bring benign deflation."

On March 24th, according to GMGN market data, Solana's on-chain AI concept coins rebounded, among which: Fartcoin's market value is now $575 million, with a 24-hour increase of 26.92%; ALCH's market value is now $58.2 million, with a 24-hour increase of 12.57%; GRIFFAIN's market value is now $50.1 million, with a 24-hour increase of 16.51%; BUZZ's market value is now $13.6 million, with a 24-hour increase of 36.12%.

on March 24th, according to SoSoValue data, the overall net outflow of Ethereum spot ETFs last week was $103 million. Among them, the net outflow of Belld ETHA was $74 million, ranking first, and the net outflow of Grayscale Mini Trust ETF ETH was $23.67 million. The only net inflow was Grayscale ETHE, with an inflow of $2.87 million. The current net asset value of Ethereum spot ETFs is $6.77 billion, accounting for 2.84% of the total market value of ETH. Historical cumulative net inflow of $2.42 billion.

March 24th news, according to The Data Nerd monitoring, 3 hours ago, Galaxy Digital withdrew 10,000 ETH from Binance, about $20.42 million.

according to Onchain Lens monitoring, Circle has added 2.5 billion USDC to Solana. As of now, Circle has cumulatively minted 10.75 billion USDC on Solana by 2025.

On March 24th, according to on-chain data analyst @ai_9684xtpa, the SHELL buyback address has once again withdrawn 1 million tokens from Binance, bringing the total buyback token amount to 21.95 million, with progress updated to 81.2%. Since the first day of the buyback on March 14th, SHELL has risen by a total of 4.56%.

On March 24th, according to Public Pool and Umbrel, at 08:30 on March 23rd Beijing time, an individual miner successfully mined the first Bitcoin block (888989) using a self-hosted Umbrel node and Bitaxe miner, through the Public Pool protocol, with a block reward of 3.15188086 BTC.

On March 24th, according to data released by Deribit official, this Friday (28th) at 4 pm will see the BTC March options expiration, with a total of $11.88 billion in open interest expiring. The current put/call ratio is 0.48, with the biggest pain point at $85,000 (current price $85,671).

according to Coinglass data, the total liquidation in the past 24 hours was $147 million, with long positions liquidated at $55.66 million and short positions liquidated at $90.85 million. Among them, Bitcoin liquidated $47.32 million, and Ethereum liquidated $18.5 million.