Binance Square

137Labs

137Labs 专注挖掘 Crypto 与 AI 领域的真实需求。通过深度投研,为您锁定具有爆发潜力的落地应用,用最直白的语言拆解前沿趋势,助你精准把握市场先机.
39 Following
125 Followers
177 Liked
32 Shared
Posts
·
--
After TurboQuant: The Shift in Competitive Focus of Large Models and the Structural Reconfiguration of Inference MemoryIn the past few years of rapid development of large models, the industry's narrative has always revolved around training capability. From the exponential growth of parameter scale to the continuous increase in computing power investment, and the ongoing expansion of data scale, almost all core indicators point in the same direction: the larger the model, the stronger the capability. However, as these models gradually enter practical application scenarios, a previously underappreciated issue has begun to emerge—the resource consumption during the inference phase, especially memory usage, is becoming a key factor limiting system expansion. The TurboQuant technology proposed by Google has emerged against this backdrop. Rather than simply understanding it as a compression algorithm, it should be viewed as a signal of a transformation in the architecture of large model systems: the industry's focus is shifting from training capability to operational efficiency.

After TurboQuant: The Shift in Competitive Focus of Large Models and the Structural Reconfiguration of Inference Memory

In the past few years of rapid development of large models, the industry's narrative has always revolved around training capability. From the exponential growth of parameter scale to the continuous increase in computing power investment, and the ongoing expansion of data scale, almost all core indicators point in the same direction: the larger the model, the stronger the capability. However, as these models gradually enter practical application scenarios, a previously underappreciated issue has begun to emerge—the resource consumption during the inference phase, especially memory usage, is becoming a key factor limiting system expansion. The TurboQuant technology proposed by Google has emerged against this backdrop. Rather than simply understanding it as a compression algorithm, it should be viewed as a signal of a transformation in the architecture of large model systems: the industry's focus is shifting from training capability to operational efficiency.
Want to buy Anthropic but can't? VCX becomes an alternative for retail investorsRecently, many investors want to buy Anthropic directly, but they find that this company, which develops the Claude large model, is still in the private ownership stage, and ordinary people cannot purchase its shares on the public market. The innovative fund VCX launched by Fundrise quickly became the focus of attention after its listing on the New York Stock Exchange on March 19, 2026. It gives retail investors the opportunity to indirectly access private tech companies like Anthropic. The following is based on publicly available data from the Fundrise official website and Yahoo Finance, summarizing the product design, market performance, holding details, risk points, and long-term impact of VCX. The content is for reference only.

Want to buy Anthropic but can't? VCX becomes an alternative for retail investors

Recently, many investors want to buy Anthropic directly, but they find that this company, which develops the Claude large model, is still in the private ownership stage, and ordinary people cannot purchase its shares on the public market. The innovative fund VCX launched by Fundrise quickly became the focus of attention after its listing on the New York Stock Exchange on March 19, 2026. It gives retail investors the opportunity to indirectly access private tech companies like Anthropic.
The following is based on publicly available data from the Fundrise official website and Yahoo Finance, summarizing the product design, market performance, holding details, risk points, and long-term impact of VCX. The content is for reference only.
137 · Market Trends✨ 3-26 Overview of 24H Hotspots - Market Snapshot 1. Market Update: #BTC about $71,200, #ETH about $2,170; total crypto market cap +0.9% in 24 hours; 2. Interest Rate Expectations: #CME shows a 94.8% probability of no change in April, 87.9% probability in June; 3. SEC: Tokenized asset "innovation exemption/regulatory sandbox" may be launched within weeks, and public opinions will be solicited; 4. White House Review Approved: Plans to allow about $12 trillion 401(k) allocation to crypto assets and private equity, Department of Labor may soon issue rules; 5. US-Iran Situation: Talks/ceasefire news intertwined with Iranian denials; Iran warns of a "new front" in the Strait of Mandeb and strengthens statements on controlling passage through Hormuz; 6. Morgan Stanley Spot Bitcoin #ETF (MSBT) reportedly received official listing announcement from NYSE, possibly indicating upcoming launch; 7. Visa joins Canton Network and serves as a "super validator", promoting institutional payment flows to be recorded on-chain with privacy protection. 8. CoinShares files for Bitcoin "Volatility ETF" portfolio (basic/leverage/inverse), possibly trading in early June 2026; 9. OpenAI launches public security vulnerability bounty program, focusing on AI misuse and security risks.
137 · Market Trends✨ 3-26

Overview of 24H Hotspots - Market Snapshot

1. Market Update: #BTC about $71,200, #ETH about $2,170; total crypto market cap +0.9% in 24 hours;

2. Interest Rate Expectations: #CME shows a 94.8% probability of no change in April, 87.9% probability in June;

3. SEC: Tokenized asset "innovation exemption/regulatory sandbox" may be launched within weeks, and public opinions will be solicited;

4. White House Review Approved: Plans to allow about $12 trillion 401(k) allocation to crypto assets and private equity, Department of Labor may soon issue rules;

5. US-Iran Situation: Talks/ceasefire news intertwined with Iranian denials; Iran warns of a "new front" in the Strait of Mandeb and strengthens statements on controlling passage through Hormuz;

6. Morgan Stanley Spot Bitcoin #ETF (MSBT) reportedly received official listing announcement from NYSE, possibly indicating upcoming launch;

7. Visa joins Canton Network and serves as a "super validator", promoting institutional payment flows to be recorded on-chain with privacy protection.

8. CoinShares files for Bitcoin "Volatility ETF" portfolio (basic/leverage/inverse), possibly trading in early June 2026;

9. OpenAI launches public security vulnerability bounty program, focusing on AI misuse and security risks.
$5.6 billion evaporated in one day! Circle's stock price sets a dismal record since its listing, and competition in stablecoins suddenly escalatesOn March 24, 2026, Tuesday, Circle Internet Group (stock code #CRCL) saw its stock price plummet by about 20%, marking the largest single-day drop since its listing in June 2025, closing at nearly $101.17, with a market value evaporating by over $5.6 billion. On the same day, Coinbase (COIN) stock also fell by about 9% to 10%. This market volatility occurred during a critical phase when the total market value of stablecoins had surpassed $300 billion, reflecting the industry's accelerated shift from trading tools to financial infrastructure. The core of this event lies in the simultaneous occurrence of regulatory policy adjustments and competitive dynamics. The latest draft of the Clarity Act sets clear boundaries on stablecoin yield mechanisms, while Tether announced a comprehensive audit at the same time. Both contributed to a change in market sentiment and highlighted the competition between the two stablecoin giants in terms of compliance and trust. This article will outline the direct triggering factors of the crash in chronological order, analyze the multiple causes, and assess Circle's short-term impact and long-term development prospects.

$5.6 billion evaporated in one day! Circle's stock price sets a dismal record since its listing, and competition in stablecoins suddenly escalates

On March 24, 2026, Tuesday, Circle Internet Group (stock code #CRCL) saw its stock price plummet by about 20%, marking the largest single-day drop since its listing in June 2025, closing at nearly $101.17, with a market value evaporating by over $5.6 billion. On the same day, Coinbase (COIN) stock also fell by about 9% to 10%. This market volatility occurred during a critical phase when the total market value of stablecoins had surpassed $300 billion, reflecting the industry's accelerated shift from trading tools to financial infrastructure.
The core of this event lies in the simultaneous occurrence of regulatory policy adjustments and competitive dynamics. The latest draft of the Clarity Act sets clear boundaries on stablecoin yield mechanisms, while Tether announced a comprehensive audit at the same time. Both contributed to a change in market sentiment and highlighted the competition between the two stablecoin giants in terms of compliance and trust. This article will outline the direct triggering factors of the crash in chronological order, analyze the multiple causes, and assess Circle's short-term impact and long-term development prospects.
137 · Market Trends ✨ 3-25 Review of 24H Hotspots - Market Overview 1. The U.S. plans to promote a "one-month ceasefire/15-point proposal" with Iran, causing significant fluctuations in oil prices; 2. Developments in stablecoin regulation and auditing are causing volatility: The Clarity Act draft impacts stock prices of #Circle , and Tether hires the "Big Four" to audit USDT reserves; 3. OpenAI adjusts products and partnerships: It will stop the Sora video generation service and terminate its collaboration with Disney, while advancing refinancing and organizational restructuring; 4. CME's "Fed Watch": The probability of maintaining interest rates unchanged in April is about 90.7%—91.7%; 5. Safe-haven assets strengthen: Gold breaks above $4,500, and silver breaks above $70; 6. #BTC experiences significant intraday volatility: After dropping below 69,000 USDT, it returns above 70,000; 7. Binance Futures will launch META/NVDA/GOOGL USD-denominated perpetual contracts (up to 10x leverage). 8. Ethereum block builder Eureka Labs raises $6.7 million, proposing the concept of "programmable blocks"; 9. The CFTC establishes an "Innovation Working Group" focusing on crypto, AI, and prediction markets, among others.
137 · Market Trends ✨ 3-25

Review of 24H Hotspots - Market Overview

1. The U.S. plans to promote a "one-month ceasefire/15-point proposal" with Iran, causing significant fluctuations in oil prices;

2. Developments in stablecoin regulation and auditing are causing volatility: The Clarity Act draft impacts stock prices of #Circle , and Tether hires the "Big Four" to audit USDT reserves;

3. OpenAI adjusts products and partnerships: It will stop the Sora video generation service and terminate its collaboration with Disney, while advancing refinancing and organizational restructuring;

4. CME's "Fed Watch": The probability of maintaining interest rates unchanged in April is about 90.7%—91.7%;

5. Safe-haven assets strengthen: Gold breaks above $4,500, and silver breaks above $70;

6. #BTC experiences significant intraday volatility: After dropping below 69,000 USDT, it returns above 70,000;

7. Binance Futures will launch META/NVDA/GOOGL USD-denominated perpetual contracts (up to 10x leverage).

8. Ethereum block builder Eureka Labs raises $6.7 million, proposing the concept of "programmable blocks";

9. The CFTC establishes an "Innovation Working Group" focusing on crypto, AI, and prediction markets, among others.
Trump's "5-Day Ceasefire" Post Ignites the Market: Behind the Drop in Oil Prices, a Comprehensive Reassessment of Middle Eastern Energy RisksYesterday (March 23, 2026), the global financial markets experienced a significant pullback simultaneously. The three major Asian stock markets of Japan, South Korea, and China's A-shares collectively declined, the cryptocurrency sector faced overall pressure, and gold, as a traditional safe-haven asset, also fell back to near the starting point at the beginning of 2026. Market participants quickly linked this round of adjustment to a post made by former U.S. President Donald Trump on Truth Social. This article will objectively sort through this event, focusing on the content of Trump's post and the market's immediate reaction, Iran's response, and the multidimensional impact of oil prices on war, arms, livelihoods, and the broader economy.

Trump's "5-Day Ceasefire" Post Ignites the Market: Behind the Drop in Oil Prices, a Comprehensive Reassessment of Middle Eastern Energy Risks

Yesterday (March 23, 2026), the global financial markets experienced a significant pullback simultaneously. The three major Asian stock markets of Japan, South Korea, and China's A-shares collectively declined, the cryptocurrency sector faced overall pressure, and gold, as a traditional safe-haven asset, also fell back to near the starting point at the beginning of 2026. Market participants quickly linked this round of adjustment to a post made by former U.S. President Donald Trump on Truth Social. This article will objectively sort through this event, focusing on the content of Trump's post and the market's immediate reaction, Iran's response, and the multidimensional impact of oil prices on war, arms, livelihoods, and the broader economy.
137 · Market Trends ✨ 3-24 Overview of 24H Hotspots - Market Snapshot 1. Escalation in the Middle East situation and negotiation signals coexist: Iran claims that a new round of attacks is ongoing, with U.S. troop increases and rising risks in the Strait of Hormuz; 2. The draft of the "CLARITY (Digital Asset Market Clarity) Act" focuses on "stablecoin earnings": prohibiting "interest paid on balances" and allowing "activity-based rewards"; 3. Tom Lee's BitMine acquires 65,341 #ETH , stating it will continue to expand its ETH treasury; 4. CME's "Federal Reserve Watch": 92.8% chance of maintaining interest rates in April; 5. U.S. stocks close higher, crypto-related stocks strengthen: COIN and HOOD rise; 6. Unusual positions and hedges in crude oil: large trades occurred before Trump's post on a potential peace agreement regarding Iran; 7. Polymarket expands its fee range and strengthens anti-insider trading measures in collaboration with Kalshi amid heightened scrutiny. 8. OpenClaw npm installation package suspected of omitting directory: console interface may disappear after upgrade; 9. Circle calls on the EU to accelerate DLT reforms and expand the scope of stablecoin settlement rules.
137 · Market Trends ✨ 3-24

Overview of 24H Hotspots - Market Snapshot

1. Escalation in the Middle East situation and negotiation signals coexist: Iran claims that a new round of attacks is ongoing, with U.S. troop increases and rising risks in the Strait of Hormuz;

2. The draft of the "CLARITY (Digital Asset Market Clarity) Act" focuses on "stablecoin earnings": prohibiting "interest paid on balances" and allowing "activity-based rewards";

3. Tom Lee's BitMine acquires 65,341 #ETH , stating it will continue to expand its ETH treasury;

4. CME's "Federal Reserve Watch": 92.8% chance of maintaining interest rates in April;

5. U.S. stocks close higher, crypto-related stocks strengthen: COIN and HOOD rise;

6. Unusual positions and hedges in crude oil: large trades occurred before Trump's post on a potential peace agreement regarding Iran;

7. Polymarket expands its fee range and strengthens anti-insider trading measures in collaboration with Kalshi amid heightened scrutiny.

8. OpenClaw npm installation package suspected of omitting directory: console interface may disappear after upgrade;

9. Circle calls on the EU to accelerate DLT reforms and expand the scope of stablecoin settlement rules.
Mid-March Web3 Financing Explosion: $1.8 Billion + $1 Billion Large Orders, Will Crypto Change Completely After Traditional Financial Giants Enter?After the SEC and CFTC's regulatory framework for crypto assets officially took effect, Web3 financing activities remained stable in mid-March 2026. Institutional capital continues to focus on projects with practical application scenarios and compliance foundations. Despite market sentiment remaining at a low level, there was a significant increase in financing scale this week. According to Messari Crypto Venture Weekly, 18 projects completed financing between March 16 and 20, with a total amount reaching $1.2 billion. Meanwhile, corporate digital asset treasury actions were also quite active, with companies like MicroStrategy and Metaplanet configuring over $1.83 billion this week.

Mid-March Web3 Financing Explosion: $1.8 Billion + $1 Billion Large Orders, Will Crypto Change Completely After Traditional Financial Giants Enter?

After the SEC and CFTC's regulatory framework for crypto assets officially took effect, Web3 financing activities remained stable in mid-March 2026. Institutional capital continues to focus on projects with practical application scenarios and compliance foundations. Despite market sentiment remaining at a low level, there was a significant increase in financing scale this week.
According to Messari Crypto Venture Weekly, 18 projects completed financing between March 16 and 20, with a total amount reaching $1.2 billion. Meanwhile, corporate digital asset treasury actions were also quite active, with companies like MicroStrategy and Metaplanet configuring over $1.83 billion this week.
137 · Market Trends ✨3-23 Review of 24H Hotspots - Market Overview 1、#BTC dropped below $68,000, risk aversion sentiment rising; 2、CME 'Federal Reserve Watch': April probability of keeping interest rates unchanged at 87.6%, probability of a 25bp rate hike at 12.4%; 3、Oil price fluctuations linked to on-chain derivatives: #Hyperliquid IP-3 traded approximately $14.39 billion in the last 7 days, OI approximately $1.73 billion; 4、Trump issued a '48-hour ultimatum' to Iran regarding the Strait of Hormuz, Iran warned of a complete closure of the strait; 5、#Meta internally promoting 'Personal AI Agent' applications: creating a 'CEO Agent' to accelerate decision-making; 6、SIREN suspected of high control: address clusters will collect approximately 484.6 million tokens into 48 wallets, with unrealized profits exceeding $950 million; 7、#Resolv stablecoin USR suffered a 'minting attack' with severe de-pegging: 200,000 USDC excessively minted about 80 million uncollateralized USR, attackers cashed out and bought about 11,400 ETH.
137 · Market Trends ✨3-23

Review of 24H Hotspots - Market Overview

1、#BTC dropped below $68,000, risk aversion sentiment rising;

2、CME 'Federal Reserve Watch': April probability of keeping interest rates unchanged at 87.6%, probability of a 25bp rate hike at 12.4%;

3、Oil price fluctuations linked to on-chain derivatives: #Hyperliquid IP-3 traded approximately $14.39 billion in the last 7 days, OI approximately $1.73 billion;

4、Trump issued a '48-hour ultimatum' to Iran regarding the Strait of Hormuz, Iran warned of a complete closure of the strait;

5、#Meta internally promoting 'Personal AI Agent' applications: creating a 'CEO Agent' to accelerate decision-making;

6、SIREN suspected of high control: address clusters will collect approximately 484.6 million tokens into 48 wallets, with unrealized profits exceeding $950 million;

7、#Resolv stablecoin USR suffered a 'minting attack' with severe de-pegging: 200,000 USDC excessively minted about 80 million uncollateralized USR, attackers cashed out and bought about 11,400 ETH.
Tencent 2025 Financial Report: Revenue +14% Exceeds Expectations, But Does AI Burn Cash + Buybacks Shrink Stock Price First Drop Then Stabilize?Tencent Holdings released its 2025 annual and fourth quarter performance report on March 18, 2026. The annual revenue was 751.8 billion yuan, a year-on-year increase of 14%. Gross profit was 422.6 billion yuan, a year-on-year increase of 21%, with the gross profit margin rising to 56%. Non-IFRS operating profit was 280.7 billion yuan, a year-on-year increase of 18%; Non-IFRS net profit attributable to parent was 259.6 billion yuan, a year-on-year increase of 17%. These indicators show that the company's core business remains resilient, while clarifying the strategic direction of AI transformation. The following dimensions will systematically explain how to assess the investment implications of this report from revenue breakdown, expected comparisons, business sustainability, valuation levels, financial report reading logic, risks and growth space, and market interpretations of current strategic actions.

Tencent 2025 Financial Report: Revenue +14% Exceeds Expectations, But Does AI Burn Cash + Buybacks Shrink Stock Price First Drop Then Stabilize?

Tencent Holdings released its 2025 annual and fourth quarter performance report on March 18, 2026. The annual revenue was 751.8 billion yuan, a year-on-year increase of 14%. Gross profit was 422.6 billion yuan, a year-on-year increase of 21%, with the gross profit margin rising to 56%. Non-IFRS operating profit was 280.7 billion yuan, a year-on-year increase of 18%; Non-IFRS net profit attributable to parent was 259.6 billion yuan, a year-on-year increase of 17%. These indicators show that the company's core business remains resilient, while clarifying the strategic direction of AI transformation. The following dimensions will systematically explain how to assess the investment implications of this report from revenue breakdown, expected comparisons, business sustainability, valuation levels, financial report reading logic, risks and growth space, and market interpretations of current strategic actions.
137 · Market Trends ✨ 3-20 Review of 24H Hotspots - Market Overview 1、#BTC High volatility: After surging to $75,000 and then retracting, the range of $69,000–$70,000 has seen repeated tug-of-war, with fear sentiment rising; 2、Morgan Stanley updates spot Bitcoin ETF S-1: plans to list on NYSE Arca, code MSBT, and adds Fidelity custody; 3、The U.S. 'Crypto Clarity Act' moves to Senate hearing, aiming for markup in April and passage by year-end; 4、MLB designates Polymarket as the exclusive prediction market partner and signs an information-sharing and 'integrity framework' MOU with the CFTC; 5、Kalshi's new funding round reportedly exceeds $1 billion, with a valuation of $22 billion; facing state-level regulatory pressure; 6、On-chain/Trading: Address 'Tummy' closed HYPE long positions and flipped to short, cumulatively selling about $16.4 million and starting TWAP; 7、Prediction market outlook: Polymarket traders give a probability of 33% for 'the U.S. entering a recession by the end of 2026'; 8、The UK will dissolve the crypto exchange Zedxion Exchange, accused of assisting Iran in evading sanctions; 9、OpenAI: Plans to launch a desktop 'super app' integrating Codex, ChatGPT, and a browser.
137 · Market Trends ✨ 3-20

Review of 24H Hotspots - Market Overview

1、#BTC High volatility: After surging to $75,000 and then retracting, the range of $69,000–$70,000 has seen repeated tug-of-war, with fear sentiment rising;

2、Morgan Stanley updates spot Bitcoin ETF S-1: plans to list on NYSE Arca, code MSBT, and adds Fidelity custody;

3、The U.S. 'Crypto Clarity Act' moves to Senate hearing, aiming for markup in April and passage by year-end;

4、MLB designates Polymarket as the exclusive prediction market partner and signs an information-sharing and 'integrity framework' MOU with the CFTC;

5、Kalshi's new funding round reportedly exceeds $1 billion, with a valuation of $22 billion; facing state-level regulatory pressure;

6、On-chain/Trading: Address 'Tummy' closed HYPE long positions and flipped to short, cumulatively selling about $16.4 million and starting TWAP;

7、Prediction market outlook: Polymarket traders give a probability of 33% for 'the U.S. entering a recession by the end of 2026';

8、The UK will dissolve the crypto exchange Zedxion Exchange, accused of assisting Iran in evading sanctions;

9、OpenAI: Plans to launch a desktop 'super app' integrating Codex, ChatGPT, and a browser.
$1.8 billion for a 'future payment track': Why MasterCard bets on BVNKWhen MasterCard announced its acquisition of the stablecoin payment infrastructure company BVNK for up to $1.8 billion, the deal was quickly labeled with a familiar tag - 'traditional finance embraces crypto.' But if you understand it merely as an attempt to 'enter crypto,' you will miss the truly significant implications of this deal. This is not an expansion on the fringes of the industry, but a repositioning around the 'payment power structure.' MasterCard is not buying a startup; it is competing for an answer to a question: → Where exactly will the 'track' of global payments be in the next decade?

$1.8 billion for a 'future payment track': Why MasterCard bets on BVNK

When MasterCard announced its acquisition of the stablecoin payment infrastructure company BVNK for up to $1.8 billion, the deal was quickly labeled with a familiar tag - 'traditional finance embraces crypto.'
But if you understand it merely as an attempt to 'enter crypto,' you will miss the truly significant implications of this deal.
This is not an expansion on the fringes of the industry, but a repositioning around the 'payment power structure.'
MasterCard is not buying a startup; it is competing for an answer to a question:
→ Where exactly will the 'track' of global payments be in the next decade?
A Complete Guide to Crypto Asset Classification: Understand Whether Your Token Falls Under SEC or CFTC RegulationOn March 17, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly released a 68-page interpretive document (Release Nos. 33-11412; 34-105020). This document provides a clear explanation of the application of existing securities and commodities laws to crypto assets, effective immediately. It directly addresses practical issues from past regulatory practices and provides classification standards and activity guidelines for the industry. This article is based on the original official document, the speech record of SEC Chairman Paul Atkins at the Washington DC Blockchain Summit, the position adjustments released simultaneously by the CFTC, and analyses from relevant professional institutions. It organizes the core content, legal logic, classification details, safe harbor clauses, compliance pathways, impacts on major assets, global comparisons, and future outlook of the document. The goal is to enable readers to quickly and comprehensively understand what this document changes and its significance for actual participants.

A Complete Guide to Crypto Asset Classification: Understand Whether Your Token Falls Under SEC or CFTC Regulation

On March 17, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly released a 68-page interpretive document (Release Nos. 33-11412; 34-105020). This document provides a clear explanation of the application of existing securities and commodities laws to crypto assets, effective immediately. It directly addresses practical issues from past regulatory practices and provides classification standards and activity guidelines for the industry.
This article is based on the original official document, the speech record of SEC Chairman Paul Atkins at the Washington DC Blockchain Summit, the position adjustments released simultaneously by the CFTC, and analyses from relevant professional institutions. It organizes the core content, legal logic, classification details, safe harbor clauses, compliance pathways, impacts on major assets, global comparisons, and future outlook of the document. The goal is to enable readers to quickly and comprehensively understand what this document changes and its significance for actual participants.
137 · Market Trends ✨ 3-19 Reviewing 24H Hotspots - Market Overview 1. Risk assets weakened post-FOMC: US stocks fell, #BTC briefly dropped below $71,000; 2. US SEC approves Nasdaq rule changes, launching a pilot for "tokenized securities trading/settlement"; 3. The Federal Reserve's March FOMC remains unchanged; the dot plot points to a cumulative rate cut of 25bp in 2026, Powell emphasizes "no progress on inflation means no rate cuts"; 4. Progress on the US crypto market structure bill "CLARITY Act": markup may occur in April, Senate aims to pass by year-end; 5. FTX Recovery Trust will conduct a new round (fourth) distribution on March 31, approximately $2.2 billion; 6. Hyperliquid "S&P 500 Perpetual" progress: S&P 500 authorized Trade[XYZ] to launch related perpetual products on Hyperliquid; 7. Fold discloses a net loss of $69.6 million for 2025, plans to expand customer acquisition with a Bitcoin credit card; 8. X (Twitter) product and governance updates: plans to launch "reply location restrictions" and Dislike, and internally test "private downvotes" for ranking.
137 · Market Trends ✨ 3-19

Reviewing 24H Hotspots - Market Overview

1. Risk assets weakened post-FOMC: US stocks fell, #BTC briefly dropped below $71,000;

2. US SEC approves Nasdaq rule changes, launching a pilot for "tokenized securities trading/settlement";

3. The Federal Reserve's March FOMC remains unchanged; the dot plot points to a cumulative rate cut of 25bp in 2026, Powell emphasizes "no progress on inflation means no rate cuts";

4. Progress on the US crypto market structure bill "CLARITY Act": markup may occur in April, Senate aims to pass by year-end;

5. FTX Recovery Trust will conduct a new round (fourth) distribution on March 31, approximately $2.2 billion;

6. Hyperliquid "S&P 500 Perpetual" progress: S&P 500 authorized Trade[XYZ] to launch related perpetual products on Hyperliquid;

7. Fold discloses a net loss of $69.6 million for 2025, plans to expand customer acquisition with a Bitcoin credit card;

8. X (Twitter) product and governance updates: plans to launch "reply location restrictions" and Dislike, and internally test "private downvotes" for ranking.
Google's $32 billion acquisition of Wiz fully interpreted: What exactly was bought? Why is it worth this price?On March 11, Google officially completed its all-cash acquisition of Israeli cloud security company Wiz for $32 billion. This is the largest acquisition in Google's history and has set a record for the highest single exit amount in the venture capital field. Compared to the $23 billion offer that Wiz rejected in 2024, this deal represents a premium of nearly 40%. Completing such a significant leap in just over a year itself indicates that the valuation logic in the cloud security sector is undergoing fundamental changes in the AI era. This article will thoroughly analyze the deeper meaning of this transaction from five dimensions. What exactly did the 32 billion buy?

Google's $32 billion acquisition of Wiz fully interpreted: What exactly was bought? Why is it worth this price?

On March 11, Google officially completed its all-cash acquisition of Israeli cloud security company Wiz for $32 billion. This is the largest acquisition in Google's history and has set a record for the highest single exit amount in the venture capital field. Compared to the $23 billion offer that Wiz rejected in 2024, this deal represents a premium of nearly 40%. Completing such a significant leap in just over a year itself indicates that the valuation logic in the cloud security sector is undergoing fundamental changes in the AI era. This article will thoroughly analyze the deeper meaning of this transaction from five dimensions.
What exactly did the 32 billion buy?
137 · Market Trends ✨ 3-18 Overview of 24H Hotspots - Market Brief 1. The U.S. SEC and CFTC jointly released a 68-page cryptocurrency regulatory guideline: stating that "most digital assets are not securities," and providing classifications of tokens and conditions for "conversion to securities"; 2. The Arizona Attorney General has filed criminal charges against the prediction market Kalshi: claiming it provides "illegal betting/gambling" within the state; 3. Bitrefill disclosed a cyberattack on March 1: the characteristics are highly similar to the North Korean Lazarus/Bluenoroff operations; 4. U.S. Democrats proposed the "BETS OFF Act": aiming to prohibit betting on events closely related to government actions, such as "war" in #predictionmarkets; 5. Recession and risk aversion signals: the probability of a U.S. recession in the next 12 months rises to 48.6%, with the speed of investors turning to cash being the fastest since COVID-19; 6. #美股 closed: S&P 500 +0.3%, Nasdaq +0.4%; 7. PayPal: expanding PYUSD stablecoin globally (reportedly covering 70 international markets), with a supply exceeding $4 billion; 8. On-chain share of stablecoins: as of February, Tron's share of total stablecoin trading volume dropped to 14.6%. 9. Hyperliquid: The scale of open contracts in the HIP-3 market reached $1.43 billion.
137 · Market Trends ✨ 3-18

Overview of 24H Hotspots - Market Brief

1. The U.S. SEC and CFTC jointly released a 68-page cryptocurrency regulatory guideline: stating that "most digital assets are not securities," and providing classifications of tokens and conditions for "conversion to securities";

2. The Arizona Attorney General has filed criminal charges against the prediction market Kalshi: claiming it provides "illegal betting/gambling" within the state;

3. Bitrefill disclosed a cyberattack on March 1: the characteristics are highly similar to the North Korean Lazarus/Bluenoroff operations;

4. U.S. Democrats proposed the "BETS OFF Act": aiming to prohibit betting on events closely related to government actions, such as "war" in #predictionmarkets;

5. Recession and risk aversion signals: the probability of a U.S. recession in the next 12 months rises to 48.6%, with the speed of investors turning to cash being the fastest since COVID-19;

6. #美股 closed: S&P 500 +0.3%, Nasdaq +0.4%;

7. PayPal: expanding PYUSD stablecoin globally (reportedly covering 70 international markets), with a supply exceeding $4 billion;

8. On-chain share of stablecoins: as of February, Tron's share of total stablecoin trading volume dropped to 14.6%.

9. Hyperliquid: The scale of open contracts in the HIP-3 market reached $1.43 billion.
The New Battleground of Prediction Markets: From Betting on Elections to Betting on Today's TemperatureWhen you open Polymarket, you will find an emerging market category that is rapidly expanding—weather forecasting. The market precision is refined down to levels such as 'Will today's maximum temperature in Hong Kong be 23°C or 24°C,' and people are already making substantial returns here with real money. The localized Asian market in this sector accelerated its launch in mid-March 2026, currently with daily trading volumes ranging from tens of thousands to hundreds of thousands of dollars (depending on popular cities), with hundreds of active markets and participants ranging from weather enthusiasts to hedge fund quantitative teams. In March 2026, Shanghai and Hong Kong officially added localized markets, and coverage in Asia is expanding.

The New Battleground of Prediction Markets: From Betting on Elections to Betting on Today's Temperature

When you open Polymarket, you will find an emerging market category that is rapidly expanding—weather forecasting. The market precision is refined down to levels such as 'Will today's maximum temperature in Hong Kong be 23°C or 24°C,' and people are already making substantial returns here with real money.
The localized Asian market in this sector accelerated its launch in mid-March 2026, currently with daily trading volumes ranging from tens of thousands to hundreds of thousands of dollars (depending on popular cities), with hundreds of active markets and participants ranging from weather enthusiasts to hedge fund quantitative teams. In March 2026, Shanghai and Hong Kong officially added localized markets, and coverage in Asia is expanding.
📣This is an invitation for a product feature beta test ~ 【One-click experience of the top configuration model OpenClaw Bot】 We have obtained a batch of experience slots for OpenClaw Telegram simplified version and would like to share it with those who truly love AI. No installation, no deployment, just click on the Bot in TG to use it right away. ✨What you can get: An AI assistant that can help you work—has memory, tools, and can proactively push messages. ✅4 models to choose from: Claude Sonnet 4.6 / Claude Opus 4.6 / Kimi K2.5 / MiniMax M2.5 ✅Use it directly in Telegram, zero installation, zero deployment ✅Free to use during the beta test period, worth 5 million Tokens ✅Cloud deployment, not on local servers (data goes through servers, please judge for yourself whether to input sensitive information) ✨Our only requirement: After using it seriously for a while, submit a real feedback. Outstanding and genuine feedback will receive a “token of appreciation” after the end. Slots are limited, and priority will be given to users with AI experience. All form-filling participants will be added to our database, and subsequent activities will also prioritize invitations to experience ~ If interested, fill out the form: https://docs.google.com/forms/d/e/1FAIpQLSczx5V5Y73QM_ADeA0QnWXY5oSTeDVlWzguYsRzuaG1WRW1Rg/viewform
📣This is an invitation for a product feature beta test ~

【One-click experience of the top configuration model OpenClaw Bot】

We have obtained a batch of experience slots for OpenClaw Telegram simplified version and would like to share it with those who truly love AI.

No installation, no deployment, just click on the Bot in TG to use it right away.

✨What you can get:
An AI assistant that can help you work—has memory, tools, and can proactively push messages.

✅4 models to choose from: Claude Sonnet 4.6 / Claude Opus 4.6 / Kimi K2.5 / MiniMax M2.5

✅Use it directly in Telegram, zero installation, zero deployment

✅Free to use during the beta test period, worth 5 million Tokens

✅Cloud deployment, not on local servers (data goes through servers, please judge for yourself whether to input sensitive information)

✨Our only requirement:
After using it seriously for a while, submit a real feedback.
Outstanding and genuine feedback will receive a “token of appreciation” after the end.

Slots are limited, and priority will be given to users with AI experience.
All form-filling participants will be added to our database, and subsequent activities will also prioritize invitations to experience ~

If interested, fill out the form: https://docs.google.com/forms/d/e/1FAIpQLSczx5V5Y73QM_ADeA0QnWXY5oSTeDVlWzguYsRzuaG1WRW1Rg/viewform
137 · Market Trends ✨ 3-17 Review of 24H Hotspots - Market Overview 1. Cryptocurrency market strengthens: #BTC short-term broke through $74,000 and then fell back; #ETH daily increase exceeds 8%; 2. U.S. stocks closed higher, cryptocurrency concept stocks strengthened: Dow +1.02%, Nasdaq +1.42%, S&P 500 +1.23%; Coinbase (COIN) +4.01%, Robinhood (HOOD) +2.78%. 3. Institutional funds: spot BTC #ETF net inflow for the third consecutive week; Strategy increased holdings again; 4. Commodities: U.S. oil futures closed at $93.50 per barrel, daily drop of about 5.28%; 5. Nvidia released NemoClaw; Jensen Huang stated that AI computing demand may exceed $1 trillion by 2027; 6. @OpenSea postponed #SEA token issuance (TGE), terminated additional reward phases and lowered rates. 7. U.S. SEC is drafting a proposal: quarterly financial report disclosure may change from mandatory to optional; 8. Middle East/Hormuz Strait situation: multiple countries have differing positions on "escort/reopening" military actions, Trump and Iran hold opposing views on "dialogue." 9. Trump calls for the Federal Reserve to convene an emergency meeting and immediately cut interest rates; 10. Binance issued a compliance statement: rebutting reports of "funds related to Iran," stating that the funds did not originate from nor terminate at the platform; 11. Abra plans to go public on Nasdaq through SPAC with a valuation of $750 million.
137 · Market Trends ✨ 3-17

Review of 24H Hotspots - Market Overview

1. Cryptocurrency market strengthens: #BTC short-term broke through $74,000 and then fell back; #ETH daily increase exceeds 8%;

2. U.S. stocks closed higher, cryptocurrency concept stocks strengthened: Dow +1.02%, Nasdaq +1.42%, S&P 500 +1.23%; Coinbase (COIN) +4.01%, Robinhood (HOOD) +2.78%.

3. Institutional funds: spot BTC #ETF net inflow for the third consecutive week; Strategy increased holdings again;

4. Commodities: U.S. oil futures closed at $93.50 per barrel, daily drop of about 5.28%;

5. Nvidia released NemoClaw; Jensen Huang stated that AI computing demand may exceed $1 trillion by 2027;

6. @OpenSea postponed #SEA token issuance (TGE), terminated additional reward phases and lowered rates.

7. U.S. SEC is drafting a proposal: quarterly financial report disclosure may change from mandatory to optional;

8. Middle East/Hormuz Strait situation: multiple countries have differing positions on "escort/reopening" military actions, Trump and Iran hold opposing views on "dialogue."

9. Trump calls for the Federal Reserve to convene an emergency meeting and immediately cut interest rates;

10. Binance issued a compliance statement: rebutting reports of "funds related to Iran," stating that the funds did not originate from nor terminate at the platform;

11. Abra plans to go public on Nasdaq through SPAC with a valuation of $750 million.
A Long-Planned 'Hunt': Reviewing the Venus 315 Attack CaseOn the evening of March 15, the largest lending protocol on BNB Chain @VenusProtocol encountered a classic price manipulation attack, targeting the extremely illiquid #THE token (the native token of the Thena project). The attacker bypassed the supply cap through leverage looping + donation attacks, pulling out approximately $3.7 million in assets (including 20 BTCB, 1.5 million CAKE, 200 BNB, etc.) from the protocol, ultimately leading Venus to accumulate about $2.15 million in bad debt. The price of THE surged from $0.27 to nearly $5 before collapsing to around $0.22, triggering severe fluctuations in assets such as THE and CAKE. This incident is highly similar to the Mango Markets attack in 2022, once again exposing the systemic risks of DeFi lending protocols on low liquidity collateral. Below, we clearly outline the entire sequence of events in chronological and logical order.

A Long-Planned 'Hunt': Reviewing the Venus 315 Attack Case

On the evening of March 15, the largest lending protocol on BNB Chain @VenusProtocol encountered a classic price manipulation attack, targeting the extremely illiquid #THE token (the native token of the Thena project). The attacker bypassed the supply cap through leverage looping + donation attacks, pulling out approximately $3.7 million in assets (including 20 BTCB, 1.5 million CAKE, 200 BNB, etc.) from the protocol, ultimately leading Venus to accumulate about $2.15 million in bad debt. The price of THE surged from $0.27 to nearly $5 before collapsing to around $0.22, triggering severe fluctuations in assets such as THE and CAKE. This incident is highly similar to the Mango Markets attack in 2022, once again exposing the systemic risks of DeFi lending protocols on low liquidity collateral. Below, we clearly outline the entire sequence of events in chronological and logical order.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs