Main crypto topics of the outgoing week
2 min readMar 14, 2025
- Changpeng Zhao denied the rumors about the Trump family negotiating the purchase of a financial stake in Binance’s U.S. arm. Earlier, the Wall Street Journal published an article citing an anonymous source. Zhao alleged the report was meant as ‘an attack on the President’ of the U.S. “Fact: I have had no discussions of a Binance US deal with … well, anyone. <…> Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the “war on crypto” from the last administration are still at work,” the Binance CEO posted on X.
- Santiment reported a drop in crypto trading volume since January 2025. According to their data, decreasing capitalization drives traders to behave in a way indicative of a mixture of “exhaustion, hopelessness, and capitulation.” Trading volumes are dwindling consistently, even during price recovery periods, so market players are losing enthusiasm. In this situation, traders prefer to stay cautious and doubt that purchases at current price levels can guarantee gains. “A weakening trading volume amid mild price bounces can serve as an early warning sign of weakening market momentum,” the experts warned.
- Garantex will shut down operations after reconciling all issues with its users. The company explained that the decision was forced by political pressure. Last week, the crypto exchange reported that Tether had frozen Garantex wallets holding funds worth over 2.5 billion rubles. Additionally, in late February, the EU sanctioned the crypto platform, which, according to European authorities, was closely associated with sanctioned Russian banks.
