Gate Research Institute: The supply of Ethereum on CEX has fallen to its lowest level since 2015, Pump.fun launches native DEX PumpSwap.

Gate Research Institute Daily Report: On March 21, the price of Bitcoin fell by 1.62% to 84,621 USDT, and the price of Ethereum dropped by 2.67% to 1,982 USDT. The short-term circulation of Bitcoin decreased by over 50%, while the daily inflow of exchanges fell by 54%. The supply of Ethereum on CEX has decreased to 8.97 million coins. Tether has entered the top seven holders of U.S. Treasury bonds, surpassing Hong Kong and Canada. Pump.fun launched the native DEX PumpSwap. The SEC clarified its regulatory stance on PoW mining activities: it does not involve securities issuance. The Dubai Land Department has launched a real estate tokenization project.

• Market Commentary: Bitcoin price decreased by 1.62% to 84,621 USDT, and Ethereum price decreased by 2.67% to 1,982 USDT.
• Popular Tokens: Liquid Staking Tokens, Oracle, Centralized Exchange (CEX) Token and other sectors changed by +7.0%, +6.1% and +1.2%, respectively.
• Highlight Data: The supply of Ethereum on CEX has dropped to 8.97 million coins, the lowest since 2015.
• Hot Comment: SEC clarifies its regulatory stance on PoW mining activities: does not involve securities issuance.
• Market Opportunity: Chronicle Protocol is an innovative blockchain oracle solution. In the future, Chronicle Points will be convertible at a rate of 10 points for 1 $CLE token.

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