Feb 10, 2026
Bessent rules out aggressive balance-sheet reduction; crypto market trades quietly and consolidates
Summary
• Macro:
Ahead of Wednesday’s nonfarm payroll release, the White House signaled expectations in advance to manage market sentiment. Hassett hinted that job growth may come in below market expectations.
Treasury Secretary Bessent stated that even if Warsh were to become Fed Chair, the balance-sheet reduction process would not be accelerated, effectively ruling out aggressive monetary tightening.
Previously battered tech and software sectors extended their rebound, lifting U.S. equities broadly; the Dow closed at another record high for the second consecutive session.
Precious metals remained range-bound, with gold consolidating around $5,000 and silver near $80.
• Crypto market:
The crypto market has entered a consolidation phase. Bitcoin is fluctuating around the $70k level, with trading volume slightly rebounding from Sunday. Overall activity remains subdued; most altcoins continue to decline and volumes are contracting.
Market sentiment has weakened further since the weekend, with the Fear & Greed Index falling back to single digits.
• Project developments:
◦ Trending tokens: XAU/XAG, XRP, PIPPIN
◦ XAU/XAG: Gold consolidates around $5,000; silver around $80
◦ XRP: Ripple expands custody/staking services; partners with Figment to support Ethereum and Solana staking
◦ PIPPIN: Market cap temporarily at $278M, up 11% in 24h
◦ SKY: Sky Protocol repurchased 31M SKY tokens last week; cumulative buyback exceeds 108M USDS
◦ ADA/LINK/XLM: CME lists futures for ADA, LINK, and XLM, including micro contracts
◦ TON: TON Foundation launches payment SDK “TON Pay”
Crypto Fear & Greed Index: 9 (14, 24 hours ago) — Extreme Fear
Today’s outlook
• Next White House meeting on stablecoin yield discussions
• Speech: 2026 FOMC voter and Cleveland Fed President Hammack
• Speech: 2026 FOMC voter and Dallas Fed President Logan
• U.S. December retail sales MoM
• Robinhood annual report release
• Consensus HK opens
• Aptos (APT) unlock: ~11.31M tokens (~$12.3M)
Macro economy
• Trump claims Warsh could drive 15% U.S. economic growth and again criticizes Powell
• Hassett: Employment data likely to decline slightly but should not trigger panic
• Fed Governor Waller: A “streamlined master account” will be introduced this year
Policy direction
• Former House Financial Services Committee Chair Patrick McHenry and White House advisor Patrick Witt said in a livestream that U.S. crypto legislation is accelerating. A major bill covering crypto market structure could be completed within months.
• The Bithumb incident may affect CEX business qualifications; Korean regulators will investigate the “ghost bitcoin” issue across the industry.
• U.S. law firms begin investigating potential securities claims against Balancer related to the $128M hack.
• Hong Kong Chief Executive’s Policy Unit digital finance roundtable: shifting focus from financial innovation toward serving the real economy and promoting high-quality financial development.
• Polymarket sues Massachusetts, seeking federal court intervention.
Industry highlights
• KuCoin will attend Consensus Hong Kong 2026 (Feb 10–12). VP and Head of Risk Control Edwin Wong will join the roundtable “Turning Intelligence Into Action,” discussing how “trust-first” infrastructure can convert market data, on-chain signals, and AI capabilities into actionable risk control and governance practices.
• Strategy bought an additional 1,142 BTC last week for $90M (avg. price $78,815).
• Bitmine added another 40,000 ETH today (~$83.38M); last week added 40,613 ETH. Tom Lee expects ETH to stage a typical “V-shaped” rebound.
• CME officially launches ADA, LINK, and XLM futures.
• CoinShares: Digital asset investment products saw $187M outflows last week.
• Jump Trading exchanged market-making/liquidity services for small equity stakes in Kalshi and Polymarket.
Bessent rules out aggressive balance-sheet reduction; crypto market trades quietly and consolidates
Summary
• Macro:
Ahead of Wednesday’s nonfarm payroll release, the White House signaled expectations in advance to manage market sentiment. Hassett hinted that job growth may come in below market expectations.
Treasury Secretary Bessent stated that even if Warsh were to become Fed Chair, the balance-sheet reduction process would not be accelerated, effectively ruling out aggressive monetary tightening.
Previously battered tech and software sectors extended their rebound, lifting U.S. equities broadly; the Dow closed at another record high for the second consecutive session.
Precious metals remained range-bound, with gold consolidating around $5,000 and silver near $80.
• Crypto market:
The crypto market has entered a consolidation phase. Bitcoin is fluctuating around the $70k level, with trading volume slightly rebounding from Sunday. Overall activity remains subdued; most altcoins continue to decline and volumes are contracting.
Market sentiment has weakened further since the weekend, with the Fear & Greed Index falling back to single digits.
• Project developments:
◦ Trending tokens: XAU/XAG, XRP, PIPPIN
◦ XAU/XAG: Gold consolidates around $5,000; silver around $80
◦ XRP: Ripple expands custody/staking services; partners with Figment to support Ethereum and Solana staking
◦ PIPPIN: Market cap temporarily at $278M, up 11% in 24h
◦ SKY: Sky Protocol repurchased 31M SKY tokens last week; cumulative buyback exceeds 108M USDS
◦ ADA/LINK/XLM: CME lists futures for ADA, LINK, and XLM, including micro contracts
◦ TON: TON Foundation launches payment SDK “TON Pay”
Crypto Fear & Greed Index: 9 (14, 24 hours ago) — Extreme Fear
Today’s outlook
• Next White House meeting on stablecoin yield discussions
• Speech: 2026 FOMC voter and Cleveland Fed President Hammack
• Speech: 2026 FOMC voter and Dallas Fed President Logan
• U.S. December retail sales MoM
• Robinhood annual report release
• Consensus HK opens
• Aptos (APT) unlock: ~11.31M tokens (~$12.3M)
Macro economy
• Trump claims Warsh could drive 15% U.S. economic growth and again criticizes Powell
• Hassett: Employment data likely to decline slightly but should not trigger panic
• Fed Governor Waller: A “streamlined master account” will be introduced this year
Policy direction
• Former House Financial Services Committee Chair Patrick McHenry and White House advisor Patrick Witt said in a livestream that U.S. crypto legislation is accelerating. A major bill covering crypto market structure could be completed within months.
• The Bithumb incident may affect CEX business qualifications; Korean regulators will investigate the “ghost bitcoin” issue across the industry.
• U.S. law firms begin investigating potential securities claims against Balancer related to the $128M hack.
• Hong Kong Chief Executive’s Policy Unit digital finance roundtable: shifting focus from financial innovation toward serving the real economy and promoting high-quality financial development.
• Polymarket sues Massachusetts, seeking federal court intervention.
Industry highlights
• KuCoin will attend Consensus Hong Kong 2026 (Feb 10–12). VP and Head of Risk Control Edwin Wong will join the roundtable “Turning Intelligence Into Action,” discussing how “trust-first” infrastructure can convert market data, on-chain signals, and AI capabilities into actionable risk control and governance practices.
• Strategy bought an additional 1,142 BTC last week for $90M (avg. price $78,815).
• Bitmine added another 40,000 ETH today (~$83.38M); last week added 40,613 ETH. Tom Lee expects ETH to stage a typical “V-shaped” rebound.
• CME officially launches ADA, LINK, and XLM futures.
• CoinShares: Digital asset investment products saw $187M outflows last week.
• Jump Trading exchanged market-making/liquidity services for small equity stakes in Kalshi and Polymarket.
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Feb 13, 2026
Escalating AI Fears Weigh on U.S. Equities; Crypto Market Remains in Defensive Consolidation
Summary
Macro：Investor concerns over AI disrupting traditional industry business models continued to intensify, triggering broad-based selling across risk assets. All three major U.S. equity indices fell more than 1%, with the Nasdaq leading losses at over 2%. Spot silver plunged more than 10%, while gold dropped over 3%, breaking below key technical levels. Meanwhile, U.S. Treasuries rallied, with yields on both the 10-year and 30-year bonds declining by more than 7 basis points, reflecting a clear shift toward risk aversion.
Crypto Market：Despite January’s nonfarm payrolls broadly signaling economic resilience, Bitcoin faced repeated resistance near the $69,000 level. After forming a short-term top, BTC entered a phase of choppy decline and established a short-term consolidation range between $67,800 and $68,000, indicating defensive price action following a structural breakdown.Expectations for altcoins to outperform remain subdued overall, though select narrative-driven tokens have shown relative strength. Market sentiment remains in the fear zone, albeit with modest improvement compared to the previous day.
Project Updates
Trending Tokens: ESP, S, WHITEWHALE, WIFI, BERA
• ESP: Airdrop and multi-platform listings launched simultaneously; listings on major exchanges boosted market attention.
• BERA: Token surged abnormally, with intraday gains exceeding 130%. The rally followed a strategic shift toward revenue-oriented applications and the smooth absorption of the Feb 6 token unlock without triggering a sell-off.
• WIFI: WLFI plans to launch a forex platform, World Swap.
• S: Sonic Labs announced a strategic restructuring, focusing on core blockchain infrastructure while streamlining peripheral product lines; the token rose briefly.
• WHITEWHALE: After market cap halved, trader “TheWhiteWhale” publicly accumulated tokens, raising holdings to 58% of supply. Weekly purchases exceeded $2.1 million, with a daily rebound surpassing 50%.
Crypto Fear & Greed Index: 9 (24 hours ago: 5) — Extreme Fear
Today’s Key Events
• U.S. January CPI (YoY)
• Coinbase annual report release
• Pendle launches PENDLE buyback program
Macro Developments
• U.S. House passes resolution opposing Trump’s proposed tariff increase on Canada
• Mizuho Bank: Bank of Japan may raise rates up to three times this year
Policy & Regulatory
• American Bankers Association urges regulators to slow crypto banking license approvals
• Thai cabinet approves amendments to the “Derivatives Act” to allow cryptocurrencies as underlying assets
• UAE Central Bank and Hong Kong Monetary Authority deepen financial cooperation and market connectivity
• SEC Chair: Providing a clear regulatory framework for digital assets is among the SEC’s top priorities this year
Industry Highlights
• Base.dev launches a leaderboard feature showcasing top-performing applications on Base
• USD AI introduces a “Level Up” mechanism; Allo Game participants can choose Boost and Max strategies
• Stellar partners with TopNod to accelerate real-world asset (RWA) adoption
• Lightning Labs open-sources lightning-agent-tools, enabling native AI agent integration with Lightning Network payments
• Pudgy Penguins to launch Pengu Visa card in partnership with KAST
• Strategy plans to issue additional perpetual preferred shares to reduce stock price volatility
• Zerohash adds support for Monad to expand USDC stablecoin payment services
• Sui collaborates with Ethena Labs to launch synthetic dollar eSui Dollar
Escalating AI Fears Weigh on U.S. Equities; Crypto Market Remains in Defensive Consolidation
Summary
Macro：Investor concerns over AI disrupting traditional industry business models continued to intensify, triggering broad-based selling across risk assets. All three major U.S. equity indices fell more than 1%, with the Nasdaq leading losses at over 2%. Spot silver plunged more than 10%, while gold dropped over 3%, breaking below key technical levels. Meanwhile, U.S. Treasuries rallied, with yields on both the 10-year and 30-year bonds declining by more than 7 basis points, reflecting a clear shift toward risk aversion.
Crypto Market：Despite January’s nonfarm payrolls broadly signaling economic resilience, Bitcoin faced repeated resistance near the $69,000 level. After forming a short-term top, BTC entered a phase of choppy decline and established a short-term consolidation range between $67,800 and $68,000, indicating defensive price action following a structural breakdown.Expectations for altcoins to outperform remain subdued overall, though select narrative-driven tokens have shown relative strength. Market sentiment remains in the fear zone, albeit with modest improvement compared to the previous day.
Project Updates
Trending Tokens: ESP, S, WHITEWHALE, WIFI, BERA
• ESP: Airdrop and multi-platform listings launched simultaneously; listings on major exchanges boosted market attention.
• BERA: Token surged abnormally, with intraday gains exceeding 130%. The rally followed a strategic shift toward revenue-oriented applications and the smooth absorption of the Feb 6 token unlock without triggering a sell-off.
• WIFI: WLFI plans to launch a forex platform, World Swap.
• S: Sonic Labs announced a strategic restructuring, focusing on core blockchain infrastructure while streamlining peripheral product lines; the token rose briefly.
• WHITEWHALE: After market cap halved, trader “TheWhiteWhale” publicly accumulated tokens, raising holdings to 58% of supply. Weekly purchases exceeded $2.1 million, with a daily rebound surpassing 50%.
Crypto Fear & Greed Index: 9 (24 hours ago: 5) — Extreme Fear
Today’s Key Events
• U.S. January CPI (YoY)
• Coinbase annual report release
• Pendle launches PENDLE buyback program
Macro Developments
• U.S. House passes resolution opposing Trump’s proposed tariff increase on Canada
• Mizuho Bank: Bank of Japan may raise rates up to three times this year
Policy & Regulatory
• American Bankers Association urges regulators to slow crypto banking license approvals
• Thai cabinet approves amendments to the “Derivatives Act” to allow cryptocurrencies as underlying assets
• UAE Central Bank and Hong Kong Monetary Authority deepen financial cooperation and market connectivity
• SEC Chair: Providing a clear regulatory framework for digital assets is among the SEC’s top priorities this year
Industry Highlights
• Base.dev launches a leaderboard feature showcasing top-performing applications on Base
• USD AI introduces a “Level Up” mechanism; Allo Game participants can choose Boost and Max strategies
• Stellar partners with TopNod to accelerate real-world asset (RWA) adoption
• Lightning Labs open-sources lightning-agent-tools, enabling native AI agent integration with Lightning Network payments
• Pudgy Penguins to launch Pengu Visa card in partnership with KAST
• Strategy plans to issue additional perpetual preferred shares to reduce stock price volatility
• Zerohash adds support for Monad to expand USDC stablecoin payment services
• Sui collaborates with Ethena Labs to launch synthetic dollar eSui Dollar
February 24, 2026
Tariff Uncertainty Weighs on Risk Assets; BTC Trades with a Weak Bias
Summary
Macro Economy
• Tariff policy maintains a hawkish stance, reigniting global trade uncertainty and pressuring market risk appetite. The three major U.S. equity indices each closed down around 1% or more, with weakness in the financials and software sectors dragging overall performance. After the U.S. Supreme Court overturned part of former President Trump’s tariff measures, the U.S. dollar pulled back for two consecutive days from a four-week high. In commodities, safe-haven demand briefly pushed gold back above $5,200 intraday, but prices later retraced and fell below $5,150.
Crypto Market
• Bitcoin remains in a consolidation phase, with no clear directional breakout yet. Price retreated again toward the $64,000 level. A high-volume bearish candle into the close suggests persistent overhead selling pressure. Altcoins overall remain relatively weak; however, AI-related tokens have shown relative strength amid capital rotation. Market sentiment remains in the fear zone, though marginally improved from yesterday.
Project Developments
Trending Tokens: PIPPIN, AGLD, KITE, ARC, NEET
• PIPPIN: Social media traction returned, with daily social interactions up over 60%; token price gained more than 21% on the day.
• AGLD: Following the launch of the Dark Forest on-chain game, open interest surged; daily gain exceeded 44%.
• KITE: Price rallied significantly amid expanding trading volume and renewed market focus on the AI Agent narrative.
• ARC: AI-concept token; on-chain transfers have been active, with daily transfer volume up over 176% on Feb 22; gained more than 14% yesterday.
• NEET: Strong speculative sentiment drove a daily gain exceeding 85%.
m
Crypto Fear & Greed Index: 8 (vs. 5 24 hours ago) — Extreme Fear
Today’s Key Events
• U.S. President Trump delivers the State of the Union address
• Federal Reserve Governor Waller speaks on the economic outlook
• Federal Reserve Governor Lisa Cook speaks on AI
• SOSO to unlock 15.825 million tokens (~$6.35 million)
Macro Developments
• U.S. Customs has ceased collecting tariffs ruled illegal by the Supreme Court.
• U.S.–Iran negotiators will meet in Geneva on Thursday, potentially representing the last opportunity to avoid military escalation.
Policy & Regulatory Updates
• Missouri’s Strategic Bitcoin Reserve bill has advanced to the House Commerce Committee.
• The Bank of Korea has urged regulators to limit the issuance of KRW-denominated stablecoins to licensed commercial banks.
Industry Highlights
• Vitalik proposed introducing a transaction simulation feature to enhance Ethereum wallet and smart contract security, improving user experience.
• Traditional finance giants, including BlackRock and Citadel, are accelerating DeFi deployment, potentially to secure access to core DeFi infrastructure.
• Prediction markets recorded over 38 million weekly transactions, reaching a new all-time high.
• Pump.fun has cumulatively repurchased over $300 million worth of PUMP tokens.
• Australia’s Monochrome spot Bitcoin ETF increased its BTC holdings to 1,248 coins.
• Bitdeer responded to its Bitcoin sale plan, stating it aims to reserve liquidity for land acquisition.
• IoTeX released a security incident update; compensation details for affected users will be announced within 48 hours.
• sUSDD’s TVL on Morpho surpassed $47 million.
Tariff Uncertainty Weighs on Risk Assets; BTC Trades with a Weak Bias
Summary
Macro Economy
• Tariff policy maintains a hawkish stance, reigniting global trade uncertainty and pressuring market risk appetite. The three major U.S. equity indices each closed down around 1% or more, with weakness in the financials and software sectors dragging overall performance. After the U.S. Supreme Court overturned part of former President Trump’s tariff measures, the U.S. dollar pulled back for two consecutive days from a four-week high. In commodities, safe-haven demand briefly pushed gold back above $5,200 intraday, but prices later retraced and fell below $5,150.
Crypto Market
• Bitcoin remains in a consolidation phase, with no clear directional breakout yet. Price retreated again toward the $64,000 level. A high-volume bearish candle into the close suggests persistent overhead selling pressure. Altcoins overall remain relatively weak; however, AI-related tokens have shown relative strength amid capital rotation. Market sentiment remains in the fear zone, though marginally improved from yesterday.
Project Developments
Trending Tokens: PIPPIN, AGLD, KITE, ARC, NEET
• PIPPIN: Social media traction returned, with daily social interactions up over 60%; token price gained more than 21% on the day.
• AGLD: Following the launch of the Dark Forest on-chain game, open interest surged; daily gain exceeded 44%.
• KITE: Price rallied significantly amid expanding trading volume and renewed market focus on the AI Agent narrative.
• ARC: AI-concept token; on-chain transfers have been active, with daily transfer volume up over 176% on Feb 22; gained more than 14% yesterday.
• NEET: Strong speculative sentiment drove a daily gain exceeding 85%.
m
Crypto Fear & Greed Index: 8 (vs. 5 24 hours ago) — Extreme Fear
Today’s Key Events
• U.S. President Trump delivers the State of the Union address
• Federal Reserve Governor Waller speaks on the economic outlook
• Federal Reserve Governor Lisa Cook speaks on AI
• SOSO to unlock 15.825 million tokens (~$6.35 million)
Macro Developments
• U.S. Customs has ceased collecting tariffs ruled illegal by the Supreme Court.
• U.S.–Iran negotiators will meet in Geneva on Thursday, potentially representing the last opportunity to avoid military escalation.
Policy & Regulatory Updates
• Missouri’s Strategic Bitcoin Reserve bill has advanced to the House Commerce Committee.
• The Bank of Korea has urged regulators to limit the issuance of KRW-denominated stablecoins to licensed commercial banks.
Industry Highlights
• Vitalik proposed introducing a transaction simulation feature to enhance Ethereum wallet and smart contract security, improving user experience.
• Traditional finance giants, including BlackRock and Citadel, are accelerating DeFi deployment, potentially to secure access to core DeFi infrastructure.
• Prediction markets recorded over 38 million weekly transactions, reaching a new all-time high.
• Pump.fun has cumulatively repurchased over $300 million worth of PUMP tokens.
• Australia’s Monochrome spot Bitcoin ETF increased its BTC holdings to 1,248 coins.
• Bitdeer responded to its Bitcoin sale plan, stating it aims to reserve liquidity for land acquisition.
• IoTeX released a security incident update; compensation details for affected users will be announced within 48 hours.
• sUSDD’s TVL on Morpho surpassed $47 million.
February 25, 2026
AI Concerns Ease, U.S. Stocks Rebound, BTC Momentum Recovers
Macro Economy: Anthropic announced plans to proactively build industry partnerships, easing previous market concerns over a potential “AI shock.” The move supported a rebound in U.S. equities, with shares of partner companies broadly advancing. The U.S. Dollar Index remained resilient, rebounding after a brief consolidation and approaching a four-week high. In commodities, gold retreated after posting intraday highs for two consecutive sessions earlier this month, and is currently consolidating around $5,140.
Crypto Market: Continued liquidity tightness in the crypto market—driven by Federal Reserve tightening and weak capital inflows—has weighed on overall performance. After a sharp decline, BTC found support in the $62,800–$63,000 range, forming a short-term base before grinding higher. The latest breakout above $65,000 and the prior high-volume resistance zone has significantly improved short-term momentum. Altcoins have lagged overall, though market sentiment, while still in extreme fear territory, has shown signs of marginal stabilization.
Project Updates
Trending Tokens: PIPPIN, ESP, GPS, SKR, PAXG/XAUT, STEEM
PIPPIN: Extended gains for three consecutive days; social engagement rose over 27% yesterday, with the token up more than 13% on the day.
ESP: Surged over 110% following listings on two major Korean exchanges.
GPS: Jumped over 20% intraday on news of a Korean exchange listing.
SKR: Spiked more than 42% after spot trading launched on a Korean exchange.
PAXG/XAUT: Rising safe-haven demand and higher gold prices boosted interest in tokenized gold assets.
STEEM: Derivatives activity surged, with open interest spiking; the token rose over 30% at one point during the day.
Crypto Fear & Greed Index: 11 (24 hours ago: — Extreme Fear
Today’s Outlook
NVIDIA earnings release
Eurozone January CPI (final YoY and MoM readings)
Plasma (XPL) to unlock ~88.89 million tokens (~$10.79M)
Humanity (H) to unlock ~105 million tokens (~$14.12M)
Macro Developments
Trump’s new 10% global import tariff has officially taken effect for the next 150 days.
Trump signaled a preference for negotiations over war regarding U.S.–Iran tensions.
Policy & Regulation
The Federal Reserve is considering removing “reputational risk” from supervisory criteria, potentially easing debanking pressure on crypto firms.
The U.S. SEC granted exemptive relief to WisdomTree’s Treasury Money Market Digital Fund.
Industry Highlights
The Ethereum Foundation initiated treasury staking, deploying 70,000 ETH to support ecosystem development and operations.
Hong Kong-based stablecoin payments firm RedotPay is reportedly considering a U.S. IPO, targeting a $1B valuation.
X updated its API policy to curb AI-driven comment spam.
Better and Framework Ventures announced a $500M stablecoin partnership to advance mortgage tokenization.
BlackRock and Citadel are accelerating their expansion into DeFi to gain access to DeFi infrastructure.
Trump’s “Peace Committee” is reportedly exploring a USD stablecoin pilot in Gaza.
Bitcoin BIP-110 proposal faces public opposition from several OG community members.
iShares filed for a staked Ethereum ETF, proposing a Nasdaq listing.
The Ethereum Foundation established a dedicated DeFi team to advance the DeFipunk protocol.
AI Concerns Ease, U.S. Stocks Rebound, BTC Momentum Recovers
Macro Economy: Anthropic announced plans to proactively build industry partnerships, easing previous market concerns over a potential “AI shock.” The move supported a rebound in U.S. equities, with shares of partner companies broadly advancing. The U.S. Dollar Index remained resilient, rebounding after a brief consolidation and approaching a four-week high. In commodities, gold retreated after posting intraday highs for two consecutive sessions earlier this month, and is currently consolidating around $5,140.
Crypto Market: Continued liquidity tightness in the crypto market—driven by Federal Reserve tightening and weak capital inflows—has weighed on overall performance. After a sharp decline, BTC found support in the $62,800–$63,000 range, forming a short-term base before grinding higher. The latest breakout above $65,000 and the prior high-volume resistance zone has significantly improved short-term momentum. Altcoins have lagged overall, though market sentiment, while still in extreme fear territory, has shown signs of marginal stabilization.
Project Updates
Trending Tokens: PIPPIN, ESP, GPS, SKR, PAXG/XAUT, STEEM
PIPPIN: Extended gains for three consecutive days; social engagement rose over 27% yesterday, with the token up more than 13% on the day.
ESP: Surged over 110% following listings on two major Korean exchanges.
GPS: Jumped over 20% intraday on news of a Korean exchange listing.
SKR: Spiked more than 42% after spot trading launched on a Korean exchange.
PAXG/XAUT: Rising safe-haven demand and higher gold prices boosted interest in tokenized gold assets.
STEEM: Derivatives activity surged, with open interest spiking; the token rose over 30% at one point during the day.
Crypto Fear & Greed Index: 11 (24 hours ago: — Extreme Fear
Today’s Outlook
NVIDIA earnings release
Eurozone January CPI (final YoY and MoM readings)
Plasma (XPL) to unlock ~88.89 million tokens (~$10.79M)
Humanity (H) to unlock ~105 million tokens (~$14.12M)
Macro Developments
Trump’s new 10% global import tariff has officially taken effect for the next 150 days.
Trump signaled a preference for negotiations over war regarding U.S.–Iran tensions.
Policy & Regulation
The Federal Reserve is considering removing “reputational risk” from supervisory criteria, potentially easing debanking pressure on crypto firms.
The U.S. SEC granted exemptive relief to WisdomTree’s Treasury Money Market Digital Fund.
Industry Highlights
The Ethereum Foundation initiated treasury staking, deploying 70,000 ETH to support ecosystem development and operations.
Hong Kong-based stablecoin payments firm RedotPay is reportedly considering a U.S. IPO, targeting a $1B valuation.
X updated its API policy to curb AI-driven comment spam.
Better and Framework Ventures announced a $500M stablecoin partnership to advance mortgage tokenization.
BlackRock and Citadel are accelerating their expansion into DeFi to gain access to DeFi infrastructure.
Trump’s “Peace Committee” is reportedly exploring a USD stablecoin pilot in Gaza.
Bitcoin BIP-110 proposal faces public opposition from several OG community members.
iShares filed for a staked Ethereum ETF, proposing a Nasdaq listing.
The Ethereum Foundation established a dedicated DeFi team to advance the DeFipunk protocol.
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March 2, 2026
Escalating Geopolitical Tensions Weigh on Risk Markets; Bitcoin Volatility Intensifies but Impact Remains Contained
Summary
• Macroeconomy: Renewed inflationary pressure combined with worsening geopolitical tensions delivered consecutive shocks to global risk assets. The Nasdaq and S&P 500 posted their largest monthly declines since March last year, while global equities broadly opened lower on Monday. Safe-haven flows rapidly shifted into gold and crude oil—both highly sensitive to geopolitical risk. Gold briefly surged above $5,300, and oil spiked to $75 before retracing, indicating a partial release of risk-off sentiment.
• Crypto Market: Amid escalating geopolitical conflict over the weekend, crypto markets were among the first to react. Bitcoin fell to a low of $63,000 before rebounding. Compared with previous geopolitical flare-ups, the overall market impact was relatively manageable, with no disorderly sell-off. However, sentiment indicators remain in the “Extreme Fear” zone, and short-term risk appetite has yet to recover.
• Project Updates:
◦ Hot Tokens: XAUT/PAXG, AAVE, UNI
◦ XAUT/PAXG: With traditional gold markets closed over the weekend, tokenized gold assumed the primary role in price discovery during the geopolitical shock, briefly exceeding $5,400.
◦ UNI: Uniswap initiated a multi-chain fee-sharing governance vote. The proposal plans to redirect at least one-sixth of transaction fees from certain networks—currently allocated to liquidity providers—into a “token jar,” to be distributed to UNI holders who burn an equivalent amount of UNI.
◦ AAVE: The “Aave Will Win” Temp Check proposal has passed. The proposal aims to transition Aave Labs toward a fully token-centric model, allocating 100% of product revenue directly to AAVE token holders.
Crypto Fear & Greed Index: 10 (24h ago: 14) — Extreme Fear
Today’s Outlook
• ENA unlock: 0.53% of circulating supply (~$4.3 million).
Macroeconomy
• The United States and Israel launched military strikes against Iran; multiple Iranian military commanders were confirmed killed.
• Donald Trump stated that operations against Iran may last up to four weeks until objectives are achieved.
• U.S. January PPI rose 0.5% MoM (vs. 0.3% expected) and 2.9% YoY (vs. 2.6% expected).
Policy & Regulatory
• The SEC Chair stated that the U.S. had previously “missed significant opportunities” in crypto and is now working to catch up.
• UK regulators are considering allowing cryptocurrencies for gambling payments.
• Minnesota proposed legislation to ban crypto ATMs to combat scams targeting the elderly.
Industry Highlights
• KuCoin Ranks Among Top Three Exchanges in Animoca Brands Research 2025 Listing Report
• Michael Saylor again posted a Bitcoin Tracker update, potentially signaling further accumulation disclosures next week.
• X platform introduced a “Paid Partnership” label to enhance content transparency; promotions related to crypto and investment services may not qualify under the updated policy.
• Vitalik Buterin stated Ethereum’s scalability roadmap will proceed in two phases (short-term and long-term), introducing multidimensional gas to prevent state bloat.
• U.S. Crypto-chartered bank SoFi now supports Solana network deposits.
• Morgan Stanley applied for a U.S. trust bank license to expand into crypto custody and staking, with plans to offer Bitcoin custody, trading, yield, and lending services.
• MoonPay unveiled PYUSDx, a stablecoin issuance framework backed by PayPal’s PYUSD, enabling applications to launch their own stablecoins.
• Barclays is exploring a blockchain-based payments platform, potentially incorporating stablecoins and tokenized deposits.
• Citi plans to launch institutional-grade Bitcoin custody services in 2026.
• SBI Holdings announced the launch of a yen-backed stablecoin, JPYSC.
Escalating Geopolitical Tensions Weigh on Risk Markets; Bitcoin Volatility Intensifies but Impact Remains Contained
Summary
• Macroeconomy: Renewed inflationary pressure combined with worsening geopolitical tensions delivered consecutive shocks to global risk assets. The Nasdaq and S&P 500 posted their largest monthly declines since March last year, while global equities broadly opened lower on Monday. Safe-haven flows rapidly shifted into gold and crude oil—both highly sensitive to geopolitical risk. Gold briefly surged above $5,300, and oil spiked to $75 before retracing, indicating a partial release of risk-off sentiment.
• Crypto Market: Amid escalating geopolitical conflict over the weekend, crypto markets were among the first to react. Bitcoin fell to a low of $63,000 before rebounding. Compared with previous geopolitical flare-ups, the overall market impact was relatively manageable, with no disorderly sell-off. However, sentiment indicators remain in the “Extreme Fear” zone, and short-term risk appetite has yet to recover.
• Project Updates:
◦ Hot Tokens: XAUT/PAXG, AAVE, UNI
◦ XAUT/PAXG: With traditional gold markets closed over the weekend, tokenized gold assumed the primary role in price discovery during the geopolitical shock, briefly exceeding $5,400.
◦ UNI: Uniswap initiated a multi-chain fee-sharing governance vote. The proposal plans to redirect at least one-sixth of transaction fees from certain networks—currently allocated to liquidity providers—into a “token jar,” to be distributed to UNI holders who burn an equivalent amount of UNI.
◦ AAVE: The “Aave Will Win” Temp Check proposal has passed. The proposal aims to transition Aave Labs toward a fully token-centric model, allocating 100% of product revenue directly to AAVE token holders.
Crypto Fear & Greed Index: 10 (24h ago: 14) — Extreme Fear
Today’s Outlook
• ENA unlock: 0.53% of circulating supply (~$4.3 million).
Macroeconomy
• The United States and Israel launched military strikes against Iran; multiple Iranian military commanders were confirmed killed.
• Donald Trump stated that operations against Iran may last up to four weeks until objectives are achieved.
• U.S. January PPI rose 0.5% MoM (vs. 0.3% expected) and 2.9% YoY (vs. 2.6% expected).
Policy & Regulatory
• The SEC Chair stated that the U.S. had previously “missed significant opportunities” in crypto and is now working to catch up.
• UK regulators are considering allowing cryptocurrencies for gambling payments.
• Minnesota proposed legislation to ban crypto ATMs to combat scams targeting the elderly.
Industry Highlights
• KuCoin Ranks Among Top Three Exchanges in Animoca Brands Research 2025 Listing Report
• Michael Saylor again posted a Bitcoin Tracker update, potentially signaling further accumulation disclosures next week.
• X platform introduced a “Paid Partnership” label to enhance content transparency; promotions related to crypto and investment services may not qualify under the updated policy.
• Vitalik Buterin stated Ethereum’s scalability roadmap will proceed in two phases (short-term and long-term), introducing multidimensional gas to prevent state bloat.
• U.S. Crypto-chartered bank SoFi now supports Solana network deposits.
• Morgan Stanley applied for a U.S. trust bank license to expand into crypto custody and staking, with plans to offer Bitcoin custody, trading, yield, and lending services.
• MoonPay unveiled PYUSDx, a stablecoin issuance framework backed by PayPal’s PYUSD, enabling applications to launch their own stablecoins.
• Barclays is exploring a blockchain-based payments platform, potentially incorporating stablecoins and tokenized deposits.
• Citi plans to launch institutional-grade Bitcoin custody services in 2026.
• SBI Holdings announced the launch of a yen-backed stablecoin, JPYSC.
March 3, 2026
Geopolitical Risks Persist; Bitcoin Stages a V-Shaped Rebound in Sync with U.S. Equities
Summary
• Macroeconomy: Geopolitical conflict may persist for another four to five weeks. Iran claimed that the Strait of Hormuz has been closed, pushing oil prices higher. The U.S. announced that it will roll out phased measures to stabilize oil prices in order to ease concerns over potential “imported inflation.” Against this backdrop, safe-haven gold extended its rally, while U.S. equities fell more than 1% intraday before rebounding to close higher.
• Crypto Market: Bitcoin moved closely in line with U.S. equities, weakening during the Asian session and rebounding alongside U.S. stocks in the U.S. session, forming a V-shaped recovery. However, it faced renewed resistance at the $70,000 level. Despite the rebound, market sentiment remains in the “Extreme Fear” zone, showing little meaningful improvement. Meanwhile, Bitcoin dominance climbed back above 59%, indicating that capital continues to concentrate in core assets during the rebound phase, reflecting a “blue-chip first” allocation preference amid still-fragile risk appetite.
• Project Updates:
◦ Hot Tokens: NEAR, AAVE, ARC
◦ NEAR: Previously released the Nightshade 3.0 protocol upgrade, which enhances built-in privacy features, decouples formulas from execution, and separates execution from storage.
◦ FORM: Four.Meme is set to launch a new “Agentic Mode” this week, enabling AI agents to create meme tokens.
◦ DOT: Polkadot will adjust its economic framework starting March 12, setting a maximum total supply of 2.1 billion DOT. It will introduce a Dynamic Allocation Pool (DAP) to replace the previous treasury burn mechanism, allocating transaction fees, Coretime sales revenue, and slashed funds into a permanent account for dynamic budgeting.
Crypto Fear & Greed Index: 14 (24h ago: 10) — Extreme Fear
Today’s Outlook
• MANTRA Chain plans to execute its v7.0.0 software upgrade, completing the rebranding of its native token from $OM to $MANTRA and implementing a 1:4 non-dilutive token split, increasing the maximum supply from 2.5 billion to 10 billion.
• Rayls will begin RLS pre-staking lock-up on March 3, with mainnet launch scheduled for Q3 this year.
Macroeconomy
• Donald Trump stated that military action against Iran may last four to five weeks.
• Iran declared the Strait of Hormuz closed, stating it “will not allow a single drop of oil to pass.”
• JPMorgan warned that if passage through the Strait of Hormuz is disrupted for 3–4 weeks, crude oil prices could rise above $100 per barrel.
• U.S. Treasury Secretary Bessent and Energy Secretary Wright will announce a phased oil price stabilization plan on Tuesday.
• U.S. February ISM Manufacturing Index fell to 52.4 (vs. 51.5 expected).
• A U.S. appeals court rejected the Trump administration’s request to delay tariff refund payments.
Policy & Regulation
• South Africa implemented new rules and technical measures to track crypto assets and offshore accounts.
• A draft tax law in Turkey proposes a 10% income tax on crypto assets and a 0.03% platform transaction tax.
Industry Highlights
• Strategy purchased 3,015 BTC last week at an average price of approximately $67,700, increasing its holdings to over 720,000 BTC.
• Bitmine increased its ETH holdings by 50,900 last week, bringing total ETH holdings to 4.4736 million.
• ProCap Financial added 450 BTC and accelerated share buybacks to narrow its NAV discount.
• Nasdaq is entering the prediction market, planning to launch binary options on the Nasdaq-100 index.
• Pump.fun expanded support to include tokens issued on competing meme launch platforms and other non-native assets.
Geopolitical Risks Persist; Bitcoin Stages a V-Shaped Rebound in Sync with U.S. Equities
Summary
• Macroeconomy: Geopolitical conflict may persist for another four to five weeks. Iran claimed that the Strait of Hormuz has been closed, pushing oil prices higher. The U.S. announced that it will roll out phased measures to stabilize oil prices in order to ease concerns over potential “imported inflation.” Against this backdrop, safe-haven gold extended its rally, while U.S. equities fell more than 1% intraday before rebounding to close higher.
• Crypto Market: Bitcoin moved closely in line with U.S. equities, weakening during the Asian session and rebounding alongside U.S. stocks in the U.S. session, forming a V-shaped recovery. However, it faced renewed resistance at the $70,000 level. Despite the rebound, market sentiment remains in the “Extreme Fear” zone, showing little meaningful improvement. Meanwhile, Bitcoin dominance climbed back above 59%, indicating that capital continues to concentrate in core assets during the rebound phase, reflecting a “blue-chip first” allocation preference amid still-fragile risk appetite.
• Project Updates:
◦ Hot Tokens: NEAR, AAVE, ARC
◦ NEAR: Previously released the Nightshade 3.0 protocol upgrade, which enhances built-in privacy features, decouples formulas from execution, and separates execution from storage.
◦ FORM: Four.Meme is set to launch a new “Agentic Mode” this week, enabling AI agents to create meme tokens.
◦ DOT: Polkadot will adjust its economic framework starting March 12, setting a maximum total supply of 2.1 billion DOT. It will introduce a Dynamic Allocation Pool (DAP) to replace the previous treasury burn mechanism, allocating transaction fees, Coretime sales revenue, and slashed funds into a permanent account for dynamic budgeting.
Crypto Fear & Greed Index: 14 (24h ago: 10) — Extreme Fear
Today’s Outlook
• MANTRA Chain plans to execute its v7.0.0 software upgrade, completing the rebranding of its native token from $OM to $MANTRA and implementing a 1:4 non-dilutive token split, increasing the maximum supply from 2.5 billion to 10 billion.
• Rayls will begin RLS pre-staking lock-up on March 3, with mainnet launch scheduled for Q3 this year.
Macroeconomy
• Donald Trump stated that military action against Iran may last four to five weeks.
• Iran declared the Strait of Hormuz closed, stating it “will not allow a single drop of oil to pass.”
• JPMorgan warned that if passage through the Strait of Hormuz is disrupted for 3–4 weeks, crude oil prices could rise above $100 per barrel.
• U.S. Treasury Secretary Bessent and Energy Secretary Wright will announce a phased oil price stabilization plan on Tuesday.
• U.S. February ISM Manufacturing Index fell to 52.4 (vs. 51.5 expected).
• A U.S. appeals court rejected the Trump administration’s request to delay tariff refund payments.
Policy & Regulation
• South Africa implemented new rules and technical measures to track crypto assets and offshore accounts.
• A draft tax law in Turkey proposes a 10% income tax on crypto assets and a 0.03% platform transaction tax.
Industry Highlights
• Strategy purchased 3,015 BTC last week at an average price of approximately $67,700, increasing its holdings to over 720,000 BTC.
• Bitmine increased its ETH holdings by 50,900 last week, bringing total ETH holdings to 4.4736 million.
• ProCap Financial added 450 BTC and accelerated share buybacks to narrow its NAV discount.
• Nasdaq is entering the prediction market, planning to launch binary options on the Nasdaq-100 index.
• Pump.fun expanded support to include tokens issued on competing meme launch platforms and other non-native assets.
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March 5, 2026
Macro Data Boost Risk Appetite as Bitcoin Stages Strong Rebound
Summary
• Macro: Strong ADP employment data and ISM Services PMI helped ease market panic triggered by geopolitical tensions, driving a broad rebound across the three major U.S. stock indices. Oil prices declined for the first time since the escalation of U.S.-Iran tensions, indicating a partial compression of risk premiums. Meanwhile, the South Korean government announced a KRW 100 trillion market stabilization plan. After triggering circuit breakers for two consecutive days, the Korean stock market saw a sharp rebound, signaling a notable recovery in regional risk sentiment.
• Crypto Market: Bitcoin surged 6.3%, briefly breaking above $74,000, with its overall trend closely tracking U.S. equity indices. Bitcoin dominance rose for the third consecutive day, approaching 60%, indicating that capital continues to concentrate in BTC during the rebound, while altcoin activity remains in need of further recovery.
Project Updates
• Trending Tokens: BTC, ETH, PUMP, LINK
• CFG: Bithumb will list Centrifuge (CFG) with KRW trading pairs. CFG surged 35% in the past 24 hours.
• MANTRA: MANTRA Chain completed its v7.0.0 upgrade, renaming its native token from $OM to $MANTRA and executing a 1:4 non-dilutive token split, increasing the maximum supply from 2.5 billion to 10 billion. After CEXs resumed trading post-upgrade, MANTRA jumped 65% in the past 24 hours.
• ONDO: The Abu Dhabi Global Market (ADGM) regulator has approved Ondo Finance’s tokenized stocks and ETFs for trading on Binance’s regulated platform.
• PUMP: Activity on the Solana network rebounded, combined with ongoing buybacks by Pump, driving PUMP up 6%.
Crypto Fear & Greed Index: 22 (24h ago: 10) — Extreme Fear
Today’s Outlook
• idOS token auction via Tally and listing on March 5
Macro Highlights
• A U.S. Senate bill failed to block continued military action against Iran.
• Iran has begun governance preparations for a prolonged conflict.
• Fed Beige Book: Most districts expect slight to moderate economic growth in the coming months.
• U.S. Treasury Secretary Bessent stated that raising tariffs to 15% is expected to be implemented within the week.
• The White House has submitted the nomination of Warsh as Federal Reserve Chair to the Senate.
• U.S. February ADP employment increased by 63,000, the largest gain since November 2025, exceeding market expectations of 50,000.
• U.S. February ISM Services PMI reached its highest level since July 2022.
Policy Developments
• Arizona is advancing legislation to establish a state-level digital asset reserve fund using seized cryptocurrencies.
• The U.S. SEC and CFTC are progressing toward a regulatory framework for crypto assets and prediction markets.
Industry Highlights
• CryptoQuant’s Annual Exchange Leader Report ranked KuCoin as the leading exchange in Proof-of-Reserves transparency (96.7 score / A+ / No.1), aligning with its $2 billion Trust Project focused on security and compliance.
• Asset management giant BlackRock released a new Bitcoin advertisement.
• Morgan Stanley filed a registration statement with the SEC for a Bitcoin Trust ETF.
• Kraken’s approval for a Federal Reserve master account sparked opposition from banking industry groups.
• Lamborghini announced it will accept Bitcoin payments.
• On Polymarket, the probability of the “Clarity Act” being signed into law in 2026 rose to 72%.
Macro Data Boost Risk Appetite as Bitcoin Stages Strong Rebound
Summary
• Macro: Strong ADP employment data and ISM Services PMI helped ease market panic triggered by geopolitical tensions, driving a broad rebound across the three major U.S. stock indices. Oil prices declined for the first time since the escalation of U.S.-Iran tensions, indicating a partial compression of risk premiums. Meanwhile, the South Korean government announced a KRW 100 trillion market stabilization plan. After triggering circuit breakers for two consecutive days, the Korean stock market saw a sharp rebound, signaling a notable recovery in regional risk sentiment.
• Crypto Market: Bitcoin surged 6.3%, briefly breaking above $74,000, with its overall trend closely tracking U.S. equity indices. Bitcoin dominance rose for the third consecutive day, approaching 60%, indicating that capital continues to concentrate in BTC during the rebound, while altcoin activity remains in need of further recovery.
Project Updates
• Trending Tokens: BTC, ETH, PUMP, LINK
• CFG: Bithumb will list Centrifuge (CFG) with KRW trading pairs. CFG surged 35% in the past 24 hours.
• MANTRA: MANTRA Chain completed its v7.0.0 upgrade, renaming its native token from $OM to $MANTRA and executing a 1:4 non-dilutive token split, increasing the maximum supply from 2.5 billion to 10 billion. After CEXs resumed trading post-upgrade, MANTRA jumped 65% in the past 24 hours.
• ONDO: The Abu Dhabi Global Market (ADGM) regulator has approved Ondo Finance’s tokenized stocks and ETFs for trading on Binance’s regulated platform.
• PUMP: Activity on the Solana network rebounded, combined with ongoing buybacks by Pump, driving PUMP up 6%.
Crypto Fear & Greed Index: 22 (24h ago: 10) — Extreme Fear
Today’s Outlook
• idOS token auction via Tally and listing on March 5
Macro Highlights
• A U.S. Senate bill failed to block continued military action against Iran.
• Iran has begun governance preparations for a prolonged conflict.
• Fed Beige Book: Most districts expect slight to moderate economic growth in the coming months.
• U.S. Treasury Secretary Bessent stated that raising tariffs to 15% is expected to be implemented within the week.
• The White House has submitted the nomination of Warsh as Federal Reserve Chair to the Senate.
• U.S. February ADP employment increased by 63,000, the largest gain since November 2025, exceeding market expectations of 50,000.
• U.S. February ISM Services PMI reached its highest level since July 2022.
Policy Developments
• Arizona is advancing legislation to establish a state-level digital asset reserve fund using seized cryptocurrencies.
• The U.S. SEC and CFTC are progressing toward a regulatory framework for crypto assets and prediction markets.
Industry Highlights
• CryptoQuant’s Annual Exchange Leader Report ranked KuCoin as the leading exchange in Proof-of-Reserves transparency (96.7 score / A+ / No.1), aligning with its $2 billion Trust Project focused on security and compliance.
• Asset management giant BlackRock released a new Bitcoin advertisement.
• Morgan Stanley filed a registration statement with the SEC for a Bitcoin Trust ETF.
• Kraken’s approval for a Federal Reserve master account sparked opposition from banking industry groups.
• Lamborghini announced it will accept Bitcoin payments.
• On Polymarket, the probability of the “Clarity Act” being signed into law in 2026 rose to 72%.
March 9, 2026
Escalating Geopolitical Tensions Drive Oil Prices Higher, Stagflation Fears Weigh on Global Risk Assets
Summary
• Macro: Geopolitical tensions in the Middle East escalated further, with several oil companies announcing production cuts, pushing crude oil futures above $110. The surge in energy prices, combined with weaker-than-expected U.S. nonfarm payrolls data released Friday, intensified concerns that the global economy may slide into stagflation, significantly weakening market risk sentiment. As a result, U.S. and European equity futures declined across the board, while Japanese and Korean stock markets fell sharply at the Asian open.
• Crypto Market: Amid persistent macro uncertainty, risk appetite in the crypto market has contracted, with the Crypto Fear & Greed Index falling back to single digits. Bitcoin dropped below $66,000, marking four consecutive days of losses. Bitcoin dominance also declined alongside price for the fourth straight day, while altcoins showed relative resilience during the correction.
Project Updates
Trending Tokens: DEGO, HUMA, PLUME
• DOT: The first U.S. spot Polkadot ETF, the 21Shares Polkadot ETF, has been listed on Nasdaq.
• ADA: Cardano’s ADA token is now accepted as a payment option at 137 Spar supermarkets in Switzerland.
• ACH: Alchemy Pay obtained a Money Transmitter License (MTL) in Delaware, expanding its regulatory footprint in the United States.
• SPK: The Spark lending platform has launched a token buyback program and has repurchased 1.84 million SPK tokens so far.
• WLFI: The WLFI governance staking proposal has opened for voting. In the future, participating in governance with unlocked WLFI tokens will require staking, with a minimum lock-up period of 180 days.
Crypto Fear & Greed Index: 8 (24h ago: 12) — Extreme Fear
Today’s Outlook
• California will implement its Digital Asset Licensing Regulation, with the license application channel opening on March 9
• Cross-game digital asset exchange platform Nexira plans to conduct its Token Generation Event (TGE) on March 9
• MOVE token unlock: 5.18% of circulating supply (~$3.4 million)
Macroeconomic Developments
• Daylight Saving Time has begun in North America, moving U.S. and Canadian financial market trading hours and economic data releases one hour earlier.
• U.S. February Nonfarm Payrolls: –92,000 (vs. expectation of +59,000).
• U.S. February Unemployment Rate: 4.4% (expected 4.3%, previous 4.3%).
• Abu Dhabi National Oil Company and Kuwait Petroleum announced production cuts.
• Global oil prices rose 35.6% in a single week, breaking above $90, marking the largest weekly increase in history.
• South Korea is considering implementing an oil price cap system for the first time in 30 years.
• Mojtaba Khamenei, son of Ali Khamenei, has become Iran’s new Supreme Leader.
Crypto Policy
• The Central Bank of Russia proposed allowing banks and brokerage firms to obtain crypto trading licenses.
• Pakistan passed the Virtual Assets Act, establishing a national virtual asset regulatory authority.
• The White House released a U.S. cybersecurity strategy document, listing crypto and blockchain technologies as protected strategic technologies for the first time.
• The Florida Senate passed a stablecoin regulatory bill, clarifying the regulatory framework for payment stablecoins.
• The U.S. Treasury informed Congress that crypto mixers have legitimate privacy uses and suggested creating a temporary “freeze and hold” mechanism for suspicious crypto assets.
Industry Highlights
• Michael Saylor posted another Bitcoin Tracker update, potentially signaling a new BTC accumulation announcement next week.
• Nasdaq removed all restrictions on Bitcoin ETF access, allowing unlimited exposure.
• The National Bank of Kazakhstan plans to invest up to $350 million of reserve funds into crypto assets.
• BlackRock updated its Ethereum staking ETF filing, reducing the staking fee from 18% to 10%.
• Stablecoin transfer volume reached a record $1.8 trillion in February, with USDC accounting for about 70%.
Escalating Geopolitical Tensions Drive Oil Prices Higher, Stagflation Fears Weigh on Global Risk Assets
Summary
• Macro: Geopolitical tensions in the Middle East escalated further, with several oil companies announcing production cuts, pushing crude oil futures above $110. The surge in energy prices, combined with weaker-than-expected U.S. nonfarm payrolls data released Friday, intensified concerns that the global economy may slide into stagflation, significantly weakening market risk sentiment. As a result, U.S. and European equity futures declined across the board, while Japanese and Korean stock markets fell sharply at the Asian open.
• Crypto Market: Amid persistent macro uncertainty, risk appetite in the crypto market has contracted, with the Crypto Fear & Greed Index falling back to single digits. Bitcoin dropped below $66,000, marking four consecutive days of losses. Bitcoin dominance also declined alongside price for the fourth straight day, while altcoins showed relative resilience during the correction.
Project Updates
Trending Tokens: DEGO, HUMA, PLUME
• DOT: The first U.S. spot Polkadot ETF, the 21Shares Polkadot ETF, has been listed on Nasdaq.
• ADA: Cardano’s ADA token is now accepted as a payment option at 137 Spar supermarkets in Switzerland.
• ACH: Alchemy Pay obtained a Money Transmitter License (MTL) in Delaware, expanding its regulatory footprint in the United States.
• SPK: The Spark lending platform has launched a token buyback program and has repurchased 1.84 million SPK tokens so far.
• WLFI: The WLFI governance staking proposal has opened for voting. In the future, participating in governance with unlocked WLFI tokens will require staking, with a minimum lock-up period of 180 days.
Crypto Fear & Greed Index: 8 (24h ago: 12) — Extreme Fear
Today’s Outlook
• California will implement its Digital Asset Licensing Regulation, with the license application channel opening on March 9
• Cross-game digital asset exchange platform Nexira plans to conduct its Token Generation Event (TGE) on March 9
• MOVE token unlock: 5.18% of circulating supply (~$3.4 million)
Macroeconomic Developments
• Daylight Saving Time has begun in North America, moving U.S. and Canadian financial market trading hours and economic data releases one hour earlier.
• U.S. February Nonfarm Payrolls: –92,000 (vs. expectation of +59,000).
• U.S. February Unemployment Rate: 4.4% (expected 4.3%, previous 4.3%).
• Abu Dhabi National Oil Company and Kuwait Petroleum announced production cuts.
• Global oil prices rose 35.6% in a single week, breaking above $90, marking the largest weekly increase in history.
• South Korea is considering implementing an oil price cap system for the first time in 30 years.
• Mojtaba Khamenei, son of Ali Khamenei, has become Iran’s new Supreme Leader.
Crypto Policy
• The Central Bank of Russia proposed allowing banks and brokerage firms to obtain crypto trading licenses.
• Pakistan passed the Virtual Assets Act, establishing a national virtual asset regulatory authority.
• The White House released a U.S. cybersecurity strategy document, listing crypto and blockchain technologies as protected strategic technologies for the first time.
• The Florida Senate passed a stablecoin regulatory bill, clarifying the regulatory framework for payment stablecoins.
• The U.S. Treasury informed Congress that crypto mixers have legitimate privacy uses and suggested creating a temporary “freeze and hold” mechanism for suspicious crypto assets.
Industry Highlights
• Michael Saylor posted another Bitcoin Tracker update, potentially signaling a new BTC accumulation announcement next week.
• Nasdaq removed all restrictions on Bitcoin ETF access, allowing unlimited exposure.
• The National Bank of Kazakhstan plans to invest up to $350 million of reserve funds into crypto assets.
• BlackRock updated its Ethereum staking ETF filing, reducing the staking fee from 18% to 10%.
• Stablecoin transfer volume reached a record $1.8 trillion in February, with USDC accounting for about 70%.
March 10, 2026
Oil Price Volatility Disrupts Risk Markets, Bitcoin Rebounds Toward the $70K Level
Summary
• Macro: Escalating geopolitical tensions heightened concerns about potential long-term disruptions to the global energy supply chain, sending crude oil prices sharply higher and triggering a broad sell-off in global risk assets. However, market panic eased after G7 countries discussed the potential release of strategic petroleum reserves and Donald Trump stated that the conflict could end soon and that some oil-related sanctions may be lifted to help lower oil prices. As a result, crude oil retreated significantly from intraday highs, and risk assets rebounded rapidly.
• Crypto Market: Macro developments continued to dominate crypto market movements. Bitcoin largely tracked Nasdaq futures, rebounding after a lower open but facing notable resistance near $70,000. Meanwhile, Bitcoin’s market dominance continued to rise, reaching 59.21%, indicating that capital is increasingly concentrating in major assets.
• Project Developments
◦ Trending tokens: BTC, ETH, HYPE
◦ HYPE: Amid geopolitical tensions, crude oil trading volume on Hyperliquid surged, with daily volume exceeding $1.2 billion.
◦ AAVE: The DeFi lending protocol Aave recorded approximately 155,000 monthly active users in February, a new all-time high.
◦ FLOW: Flow submitted a motion to a Seoul court requesting a suspension of the planned delisting on March 16 from major South Korean exchanges Upbit, Bithumb, and Coinone. FLOW rose 35% in the past 24 hours, with KRW trading volume accounting for over 55%.
Crypto Fear & Greed Index: 13 (vs. 8 twenty-four hours ago) — Extreme Fear
Today’s Outlook
• TBD: Hong Kong plans to issue its first batch of stablecoin licenses in March; continued monitoring of developments in the Middle East.
Macro
• Donald Trump stated that military action against Iran would be a “short-term operation,” adding that the conflict may end soon, though not within this week, and that the situation is far from requiring troop deployment to Iran.
• Trump also said the U.S. may temporarily lift certain oil-related sanctions to help lower oil prices.
• Officials said G7 finance ministers have agreed not to release strategic petroleum reserves for now, but remain ready to take necessary measures to support global energy supply.
• Saudi Aramco lowered production at two oil fields.
Crypto Policy
• Bithumb may face a six-month suspension of new-user services for allegedly violating South Korea’s Special Financial Transactions Act.
Industry Highlights
• Strategy purchased 17,994 BTC last week for $1.28 billion, at an average price of about $70,946.
• Strategy’s perpetual preferred stock recorded over $1.1 billion in trading volume in a single week.
• BitMine increased its holdings by over 60,000 ETH last week, bringing total holdings to more than 4.53 million ETH.
• The 20 millionth Bitcoin has been mined.
• Bloomberg reported that Polymarket plans to launch binary options products linked to the S&P 500.
• Brazil’s central bank Pix has officially expanded to Argentina, enabling instant cross-border payments between the two countries.
• Stablecoin payment company KAST raised $80 million in funding.
Oil Price Volatility Disrupts Risk Markets, Bitcoin Rebounds Toward the $70K Level
Summary
• Macro: Escalating geopolitical tensions heightened concerns about potential long-term disruptions to the global energy supply chain, sending crude oil prices sharply higher and triggering a broad sell-off in global risk assets. However, market panic eased after G7 countries discussed the potential release of strategic petroleum reserves and Donald Trump stated that the conflict could end soon and that some oil-related sanctions may be lifted to help lower oil prices. As a result, crude oil retreated significantly from intraday highs, and risk assets rebounded rapidly.
• Crypto Market: Macro developments continued to dominate crypto market movements. Bitcoin largely tracked Nasdaq futures, rebounding after a lower open but facing notable resistance near $70,000. Meanwhile, Bitcoin’s market dominance continued to rise, reaching 59.21%, indicating that capital is increasingly concentrating in major assets.
• Project Developments
◦ Trending tokens: BTC, ETH, HYPE
◦ HYPE: Amid geopolitical tensions, crude oil trading volume on Hyperliquid surged, with daily volume exceeding $1.2 billion.
◦ AAVE: The DeFi lending protocol Aave recorded approximately 155,000 monthly active users in February, a new all-time high.
◦ FLOW: Flow submitted a motion to a Seoul court requesting a suspension of the planned delisting on March 16 from major South Korean exchanges Upbit, Bithumb, and Coinone. FLOW rose 35% in the past 24 hours, with KRW trading volume accounting for over 55%.
Crypto Fear & Greed Index: 13 (vs. 8 twenty-four hours ago) — Extreme Fear
Today’s Outlook
• TBD: Hong Kong plans to issue its first batch of stablecoin licenses in March; continued monitoring of developments in the Middle East.
Macro
• Donald Trump stated that military action against Iran would be a “short-term operation,” adding that the conflict may end soon, though not within this week, and that the situation is far from requiring troop deployment to Iran.
• Trump also said the U.S. may temporarily lift certain oil-related sanctions to help lower oil prices.
• Officials said G7 finance ministers have agreed not to release strategic petroleum reserves for now, but remain ready to take necessary measures to support global energy supply.
• Saudi Aramco lowered production at two oil fields.
Crypto Policy
• Bithumb may face a six-month suspension of new-user services for allegedly violating South Korea’s Special Financial Transactions Act.
Industry Highlights
• Strategy purchased 17,994 BTC last week for $1.28 billion, at an average price of about $70,946.
• Strategy’s perpetual preferred stock recorded over $1.1 billion in trading volume in a single week.
• BitMine increased its holdings by over 60,000 ETH last week, bringing total holdings to more than 4.53 million ETH.
• The 20 millionth Bitcoin has been mined.
• Bloomberg reported that Polymarket plans to launch binary options products linked to the S&P 500.
• Brazil’s central bank Pix has officially expanded to Argentina, enabling instant cross-border payments between the two countries.
• Stablecoin payment company KAST raised $80 million in funding.
March 12, 2026
Oil Reserve Release Fails to Ease Price Concerns, Bitcoin Continues to Consolidate Around $70K
Summary
• Macroeconomy: Despite the International Energy Agency announcing a record-scale oil reserve release plan, market concerns over the situation in the Strait of Hormuz have not eased. Panic sentiment around oil prices continues to build, with crude oil rebounding in a V-shaped move after a brief pullback and once again surpassing $90 per barrel. The renewed rise in oil prices has pressured risk assets, leaving the three major U.S. stock indices mixed.
• Crypto Market: Bitcoin largely moved in line with U.S. equity indices, consolidating around $70,000 and posting a 0.33% daily gain. The ETH/BTC exchange rate remained relatively stable, while Bitcoin’s market dominance held around 59%, suggesting risk appetite in the altcoin market remains cautious.
Project Developments
• Trending Tokens: PIXEL, ACX, ICP
• PIXEL (+46%): Open interest in derivatives surged to exceed its market capitalization, while funding rates remained negative, driving a short squeeze that pushed the price up 46%.
• ICP (+7%): Upbit listed Internet Computer, supporting KRW, BTC, and USDT trading pairs.
• ACX (+89%): Across Protocol is exploring a plan that would allow ACX holders to convert their tokens into equity.
• OSMO (+5%): Osmosis released a major governance proposal to potentially convert OSMO into ATOM.
• ZEC (-2%): Foundry Digital plans to launch a U.S.-based institutional-grade mining pool for Zcash.
• IMU (-0.4%): Anchorage Digital made a strategic investment in Immunefi.
Crypto Fear & Greed Index: 18 (vs. 15, 24 hours ago) — Extreme Fear
Today’s Outlook
• Polkadot plans to implement an economic model reform starting March 12, limiting the total DOT supply to 2.1 billion.
• Aptos unlock: 0.69% of circulating supply, valued at approximately $10.5 million.
Macroeconomy
• U.S. February CPI (unadjusted YoY) came in at 2.4%, in line with expectations and the previous reading.
• IEA member states agreed to release 400 million barrels of oil, while the U.S. will release 172 million barrels from its Strategic Petroleum Reserve. Japan and Germany will also release reserves.
• Donald Trump stated that Iran has “almost no targets left to strike” and that the war with Iran will end soon.
Crypto Policy
• Hong Kong is expected to issue fewer than four initial stablecoin issuer licenses, with reports suggesting potential recipients including HSBC, Standard Chartered, and OSL.
• The chair of the Federal Deposit Insurance Corporation stated that stablecoins will not receive any form of deposit insurance under the GENIUS Act.
Industry Highlights
• The U.S. Department of Justice has launched an investigation into Iran allegedly using Binance to evade sanctions.
• Mastercard launched a new blockchain payments initiative, joined by PayPal and Ripple.
• Strategy recorded a record daily trading volume of $409 million.
• Metaplanet established two subsidiaries: one focused on the Japanese Bitcoin ecosystem, and another in the United States.
• Asset manager VanEck partnered with Basic Capital to include certain digital asset ETFs on its corporate 401(k) retirement platform.
Oil Reserve Release Fails to Ease Price Concerns, Bitcoin Continues to Consolidate Around $70K
Summary
• Macroeconomy: Despite the International Energy Agency announcing a record-scale oil reserve release plan, market concerns over the situation in the Strait of Hormuz have not eased. Panic sentiment around oil prices continues to build, with crude oil rebounding in a V-shaped move after a brief pullback and once again surpassing $90 per barrel. The renewed rise in oil prices has pressured risk assets, leaving the three major U.S. stock indices mixed.
• Crypto Market: Bitcoin largely moved in line with U.S. equity indices, consolidating around $70,000 and posting a 0.33% daily gain. The ETH/BTC exchange rate remained relatively stable, while Bitcoin’s market dominance held around 59%, suggesting risk appetite in the altcoin market remains cautious.
Project Developments
• Trending Tokens: PIXEL, ACX, ICP
• PIXEL (+46%): Open interest in derivatives surged to exceed its market capitalization, while funding rates remained negative, driving a short squeeze that pushed the price up 46%.
• ICP (+7%): Upbit listed Internet Computer, supporting KRW, BTC, and USDT trading pairs.
• ACX (+89%): Across Protocol is exploring a plan that would allow ACX holders to convert their tokens into equity.
• OSMO (+5%): Osmosis released a major governance proposal to potentially convert OSMO into ATOM.
• ZEC (-2%): Foundry Digital plans to launch a U.S.-based institutional-grade mining pool for Zcash.
• IMU (-0.4%): Anchorage Digital made a strategic investment in Immunefi.
Crypto Fear & Greed Index: 18 (vs. 15, 24 hours ago) — Extreme Fear
Today’s Outlook
• Polkadot plans to implement an economic model reform starting March 12, limiting the total DOT supply to 2.1 billion.
• Aptos unlock: 0.69% of circulating supply, valued at approximately $10.5 million.
Macroeconomy
• U.S. February CPI (unadjusted YoY) came in at 2.4%, in line with expectations and the previous reading.
• IEA member states agreed to release 400 million barrels of oil, while the U.S. will release 172 million barrels from its Strategic Petroleum Reserve. Japan and Germany will also release reserves.
• Donald Trump stated that Iran has “almost no targets left to strike” and that the war with Iran will end soon.
Crypto Policy
• Hong Kong is expected to issue fewer than four initial stablecoin issuer licenses, with reports suggesting potential recipients including HSBC, Standard Chartered, and OSL.
• The chair of the Federal Deposit Insurance Corporation stated that stablecoins will not receive any form of deposit insurance under the GENIUS Act.
Industry Highlights
• The U.S. Department of Justice has launched an investigation into Iran allegedly using Binance to evade sanctions.
• Mastercard launched a new blockchain payments initiative, joined by PayPal and Ripple.
• Strategy recorded a record daily trading volume of $409 million.
• Metaplanet established two subsidiaries: one focused on the Japanese Bitcoin ecosystem, and another in the United States.
• Asset manager VanEck partnered with Basic Capital to include certain digital asset ETFs on its corporate 401(k) retirement platform.
Mar 16, 2026
Easing Geopolitical Risks Lift Sentiment; Bitcoin Shows Resilience with Seven-Day Rally
Summary
• Macro: Signals that shipping through the Strait of Hormuz has resumed, while Donald Trump stated that negotiations are still ongoing. Market concerns over geopolitical tensions have somewhat eased, leading to a marginal improvement in risk sentiment. In early Monday trading, oil prices pulled back after a spike, Asian equities broadly moved higher, and U.S. stock futures rose nearly 0.5%.
• Crypto Market: Despite ongoing geopolitical tensions, Bitcoin has shown strong resilience, posting seven consecutive days of gains with a weekly increase of 10.36%, marking its best weekly performance in nearly five months. Discussion around Ethereum has surged, with the ETH/BTC ratio climbing back above 0.03. However, Bitcoin dominance remains elevated at 59.35%, suggesting that the broader altcoin market has yet to see a full recovery.
• Project Developments
◦ Trending tokens: TAO, FET, ZEC
◦ AI sector: Tokens including TAO, FET, TAG, ATH, and CGPT posted broad gains
◦ CAKE (+7.7%): Price briefly dropped more than 10% amid rumors that the team sold tokens, but later rebounded to close higher. Trading volume surged 930% WoW.
◦ TRUMP (+1.5%): Donald Trump will host another Mar-a-Lago luncheon for TRUMP token holders, while whales have resumed concentrated accumulation.
◦ DOT (+2.6%): Polkadot upgraded its issuance model, reducing the issuance rate by around 53% and setting the maximum supply at 2.1 billion DOT.
◦ WLFI (+0.6%): A proposal for the WLFI governance staking system has passed. Key goals include making staking a prerequisite for governance voting to unlock tokens, rewarding governance participation, and establishing a tiered node structure to incentivize long-term ecosystem contributors.
◦ AAVE (+5.6%): Released a post-mortem analysis of the $50 million loss from purchasing AAVE, attributing it to insufficient liquidity. The team also introduced a new anti-slippage feature and discussed adjustments to the buyback budget.
◦ THE (-22%): Venus Protocol was suspected to have suffered a flash loan attack, leading to large-scale liquidations of THE.
Crypto Fear & Greed Index: 23 (vs. 15 24 hours ago) — Extreme Fear
Today’s Outlook
• NVIDIA GTC 2026 will be held from Mar 16–19
• China–U.S. economic and trade consultations scheduled for Mar 14–17
• ARB unlock: 1.56% of circulating supply (~$9.4M)
• Aevo expected to announce a new product
Macro
• U.S. January Core PCE YoY: 3.1% (expected 3.1%, previous 3.0%)
• Trump: The economy will rebound immediately once the Iran war ends
• International Energy Agency: Oil from emergency reserves will soon begin flowing into the global market
• U.S. DOJ to appeal ruling related to Powell case, which may delay Waller’s appointment
• Trump stated that the U.S. will not reach a ceasefire agreement with Iran for now
• WSJ: The Trump administration may announce as early as this week that several countries have agreed to form a naval escort coalition in the Strait of Hormuz
Crypto Policy
• The U.S. Senate passed the “Road to Housing in the 21st Century Act,” which includes a clause prohibiting the Federal Reserve from issuing a CBDC.
Industry Highlights
• KuCoin launched Skills Hub, modularizing crypto functionalities into standardized AI-callable skills to help users, developers, and institutions conduct crypto research, trading, and asset management more efficiently.
• Vitalik proposed a secret voice-command silent alarm system to respond to crimes targeting crypto holders.
• The Ethereum Foundation released its EF Mandate mission statement, reaffirming its vision of decentralization and user self-sovereignty.
• The Ethereum Foundation finalized a 5,000 ETH OTC transaction with BitMine, the largest Ethereum treasury company.
• TOKEN2049 Dubai has been postponed to April 2027.
• Swiss PostFinance expanded its crypto trading services, adding assets such as ARB, NEAR, and SUI.
Easing Geopolitical Risks Lift Sentiment; Bitcoin Shows Resilience with Seven-Day Rally
Summary
• Macro: Signals that shipping through the Strait of Hormuz has resumed, while Donald Trump stated that negotiations are still ongoing. Market concerns over geopolitical tensions have somewhat eased, leading to a marginal improvement in risk sentiment. In early Monday trading, oil prices pulled back after a spike, Asian equities broadly moved higher, and U.S. stock futures rose nearly 0.5%.
• Crypto Market: Despite ongoing geopolitical tensions, Bitcoin has shown strong resilience, posting seven consecutive days of gains with a weekly increase of 10.36%, marking its best weekly performance in nearly five months. Discussion around Ethereum has surged, with the ETH/BTC ratio climbing back above 0.03. However, Bitcoin dominance remains elevated at 59.35%, suggesting that the broader altcoin market has yet to see a full recovery.
• Project Developments
◦ Trending tokens: TAO, FET, ZEC
◦ AI sector: Tokens including TAO, FET, TAG, ATH, and CGPT posted broad gains
◦ CAKE (+7.7%): Price briefly dropped more than 10% amid rumors that the team sold tokens, but later rebounded to close higher. Trading volume surged 930% WoW.
◦ TRUMP (+1.5%): Donald Trump will host another Mar-a-Lago luncheon for TRUMP token holders, while whales have resumed concentrated accumulation.
◦ DOT (+2.6%): Polkadot upgraded its issuance model, reducing the issuance rate by around 53% and setting the maximum supply at 2.1 billion DOT.
◦ WLFI (+0.6%): A proposal for the WLFI governance staking system has passed. Key goals include making staking a prerequisite for governance voting to unlock tokens, rewarding governance participation, and establishing a tiered node structure to incentivize long-term ecosystem contributors.
◦ AAVE (+5.6%): Released a post-mortem analysis of the $50 million loss from purchasing AAVE, attributing it to insufficient liquidity. The team also introduced a new anti-slippage feature and discussed adjustments to the buyback budget.
◦ THE (-22%): Venus Protocol was suspected to have suffered a flash loan attack, leading to large-scale liquidations of THE.
Crypto Fear & Greed Index: 23 (vs. 15 24 hours ago) — Extreme Fear
Today’s Outlook
• NVIDIA GTC 2026 will be held from Mar 16–19
• China–U.S. economic and trade consultations scheduled for Mar 14–17
• ARB unlock: 1.56% of circulating supply (~$9.4M)
• Aevo expected to announce a new product
Macro
• U.S. January Core PCE YoY: 3.1% (expected 3.1%, previous 3.0%)
• Trump: The economy will rebound immediately once the Iran war ends
• International Energy Agency: Oil from emergency reserves will soon begin flowing into the global market
• U.S. DOJ to appeal ruling related to Powell case, which may delay Waller’s appointment
• Trump stated that the U.S. will not reach a ceasefire agreement with Iran for now
• WSJ: The Trump administration may announce as early as this week that several countries have agreed to form a naval escort coalition in the Strait of Hormuz
Crypto Policy
• The U.S. Senate passed the “Road to Housing in the 21st Century Act,” which includes a clause prohibiting the Federal Reserve from issuing a CBDC.
Industry Highlights
• KuCoin launched Skills Hub, modularizing crypto functionalities into standardized AI-callable skills to help users, developers, and institutions conduct crypto research, trading, and asset management more efficiently.
• Vitalik proposed a secret voice-command silent alarm system to respond to crimes targeting crypto holders.
• The Ethereum Foundation released its EF Mandate mission statement, reaffirming its vision of decentralization and user self-sovereignty.
• The Ethereum Foundation finalized a 5,000 ETH OTC transaction with BitMine, the largest Ethereum treasury company.
• TOKEN2049 Dubai has been postponed to April 2027.
• Swiss PostFinance expanded its crypto trading services, adding assets such as ARB, NEAR, and SUI.
• Solana governance proposal SIMD-0266 passed, introducing a p-tokens model to improve computational efficiency.
• Circle launched Circle Skills, an open-source AI tool supporting stablecoin development and integration.
• Nasdaq-listed UTime plans to acquire Web3 data platform Feixiaohao for $80M, with an LOI already signed.
• Pump.fun launched an on-chain agent experiment called Tokenized Agents, supporting automatic token buybacks and burns.
• Circle launched Circle Skills, an open-source AI tool supporting stablecoin development and integration.
• Nasdaq-listed UTime plans to acquire Web3 data platform Feixiaohao for $80M, with an LOI already signed.
• Pump.fun launched an on-chain agent experiment called Tokenized Agents, supporting automatic token buybacks and burns.
March 18, 2026
Cautious Ahead of FOMC as Bitcoin Ends 8-Day Rally
Summary
• Macro: Ongoing tensions in the Middle East have pushed oil prices slightly higher. Markets remain in a wait-and-see mode ahead of this week’s key risk event—the Federal Reserve’s rate decision. Under prevailing uncertainty, sentiment is cautious, with the three major U.S. stock indices posting modest gains.
• Crypto Market: Policy signals remain supportive. The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission jointly stated that most digital assets are not securities, while a new draft on stablecoin yield is expected soon. On the market side, Bitcoin pulled back to around $74K after touching $76K, declining 1.31% on the day and ending its 8-day winning streak. The ETH/BTC ratio remains strong, Bitcoin dominance edged lower, and overall crypto risk appetite improved slightly.
Project Developments
• Hot Tokens: SIREN, KAS, ANIME
• ANKR: ChainGPT released AI Hub V2, built on Ankr’s RPC infrastructure; likely boosted by KOL promotion, ANKR surged 35%
• HYPE: Open interest in Hyperliquid’s HIP-3 market exceeded $1.4B, hitting a new all-time high
• CC: Moody’s launched its Token Integration Engine on the Canton Network
• TRUMP: Tether CEO to attend and speak at a TRUMP token luncheon
• Coinbase: Added Katana (KAT) and EDGEX (EDGEX) to its asset listing roadmap
Crypto Fear & Greed Index: 26 (24h ago: 28) — Fear
Today’s Outlook
• Federal Reserve FOMC rate decision and economic projections
• U.S. February PPI (YoY & MoM)
• Noble to migrate from Cosmos to an independent EVM L1, with mainnet launch scheduled for March 18
• BARD token unlock: 13.33% of circulating supply (~$32.3M)
Macro Highlights
• Donald Trump stated that U.S. action against Iran would not require support from NATO or allies such as Japan, South Korea, or Australia, and suggested considering a U.S. withdrawal from NATO
• “Fed’s unofficial mouthpiece”: Focus shifts from “when to cut rates” to “whether to cut,” with attention on three key signals—policy statement wording, dot plot projections, and Jerome Powell’s press conference
Crypto Policy
• U.S. Securities and Exchange Commission and Commodity Futures Trading Commission issued new guidance stating most digital assets are not securities
• U.S. Senate Banking Committee Chair: A new draft on stablecoin yield provisions may be introduced as early as this week
• Vietnam plans to pilot licensed crypto exchanges as early as this month to curb offshore trading and strengthen capital flow oversight
• Russia’s central bank proposes allowing digital financial assets to circulate on open networks like Ethereum to attract foreign investment
• An Argentine court ordered a full block of the prediction market platform Polymarket
Industry Highlights
• Moody’s launched a blockchain data platform, Token Integration Engine
• Mastercard is reportedly planning to acquire stablecoin firm BVNK for up to $1.8B
• Commodity Futures Trading Commission: Phantom wallet does not need to register as a broker
• Bitcoin Layer 2 network Stacks implemented SIP-034 upgrade to enhance processing capacity
• Morgan Stanley executive: Crypto ETF adoption remains in early stages, with advisors evaluating allocation strategies
• Injective to support native USDC and cross-chain transfers via Circle
Cautious Ahead of FOMC as Bitcoin Ends 8-Day Rally
Summary
• Macro: Ongoing tensions in the Middle East have pushed oil prices slightly higher. Markets remain in a wait-and-see mode ahead of this week’s key risk event—the Federal Reserve’s rate decision. Under prevailing uncertainty, sentiment is cautious, with the three major U.S. stock indices posting modest gains.
• Crypto Market: Policy signals remain supportive. The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission jointly stated that most digital assets are not securities, while a new draft on stablecoin yield is expected soon. On the market side, Bitcoin pulled back to around $74K after touching $76K, declining 1.31% on the day and ending its 8-day winning streak. The ETH/BTC ratio remains strong, Bitcoin dominance edged lower, and overall crypto risk appetite improved slightly.
Project Developments
• Hot Tokens: SIREN, KAS, ANIME
• ANKR: ChainGPT released AI Hub V2, built on Ankr’s RPC infrastructure; likely boosted by KOL promotion, ANKR surged 35%
• HYPE: Open interest in Hyperliquid’s HIP-3 market exceeded $1.4B, hitting a new all-time high
• CC: Moody’s launched its Token Integration Engine on the Canton Network
• TRUMP: Tether CEO to attend and speak at a TRUMP token luncheon
• Coinbase: Added Katana (KAT) and EDGEX (EDGEX) to its asset listing roadmap
Crypto Fear & Greed Index: 26 (24h ago: 28) — Fear
Today’s Outlook
• Federal Reserve FOMC rate decision and economic projections
• U.S. February PPI (YoY & MoM)
• Noble to migrate from Cosmos to an independent EVM L1, with mainnet launch scheduled for March 18
• BARD token unlock: 13.33% of circulating supply (~$32.3M)
Macro Highlights
• Donald Trump stated that U.S. action against Iran would not require support from NATO or allies such as Japan, South Korea, or Australia, and suggested considering a U.S. withdrawal from NATO
• “Fed’s unofficial mouthpiece”: Focus shifts from “when to cut rates” to “whether to cut,” with attention on three key signals—policy statement wording, dot plot projections, and Jerome Powell’s press conference
Crypto Policy
• U.S. Securities and Exchange Commission and Commodity Futures Trading Commission issued new guidance stating most digital assets are not securities
• U.S. Senate Banking Committee Chair: A new draft on stablecoin yield provisions may be introduced as early as this week
• Vietnam plans to pilot licensed crypto exchanges as early as this month to curb offshore trading and strengthen capital flow oversight
• Russia’s central bank proposes allowing digital financial assets to circulate on open networks like Ethereum to attract foreign investment
• An Argentine court ordered a full block of the prediction market platform Polymarket
Industry Highlights
• Moody’s launched a blockchain data platform, Token Integration Engine
• Mastercard is reportedly planning to acquire stablecoin firm BVNK for up to $1.8B
• Commodity Futures Trading Commission: Phantom wallet does not need to register as a broker
• Bitcoin Layer 2 network Stacks implemented SIP-034 upgrade to enhance processing capacity
• Morgan Stanley executive: Crypto ETF adoption remains in early stages, with advisors evaluating allocation strategies
• Injective to support native USDC and cross-chain transfers via Circle
March 20, 2026
Geopolitical Tensions Dominate Markets, Oil Pullback Drives Risk Asset Recovery
Summary
• Macroeconomics: During early U.S. trading hours, global risk assets extended overnight weakness, compounded by a sharp rise in oil prices, putting pressure on market sentiment. However, later in the U.S. session, positive developments on both supply and transportation fronts helped push oil prices lower, leading to a recovery in risk appetite. U.S. equities rebounded and recouped part of their earlier losses.
• Crypto Market: Driven primarily by macro factors, the crypto market remained highly correlated with U.S. equities. Bitcoin fell below $69,000 before staging a technical rebound, but has now recorded three consecutive daily losses, with sentiment continuing to deteriorate. The ETH/BTC ratio extended its downtrend, Bitcoin dominance remained relatively stable, and altcoins corrected broadly alongside the market.
• Project Developments:
◦ Trending Tokens: TAO, ENJ, LOBSTAR
◦ AVAX: Animoca Brands announced an investment in AVAX tokens, aiming to accelerate Avalanche’s expansion in Asia and the Middle East. The news had limited price impact, with AVAX down 1% over the past 24 hours
◦ ETHFI: Upbit listed an ETHFI/KRW trading pair; ETHFI briefly surged before pulling back in line with the broader market
◦ QNT: Robinhood listed QNT, which rose 4% against the broader market trend
Crypto Fear & Greed Index: 11 (vs. 23 24 hours ago) — Extreme Fear
Today’s Outlook
• U.S. equities “Quadruple Witching Day”
• ZRO unlock: 12.69% of circulating supply (~$51.8 million)
• KAITO unlock: 7.29% of circulating supply (~$6.3 million)
Macroeconomics
• U.S. media reported that the U.S. military may seize strategic islands to pressure Iran into reopening the Strait of Hormuz
• Trump stated he had urged Israel not to strike Iranian energy facilities; Netanyahu indicated Israel would “pause” airstrikes on such targets
• Six countries issued a joint statement expressing readiness to ensure the security of the Strait of Hormuz
• The U.S. further eased sanctions on Russian oil
• The Bank of Japan kept its benchmark rate unchanged at 0.75%, in line with expectations
• The Bank of England held its benchmark rate steady at 3.75%
• The Korean won fell past the 1,500 level against the U.S. dollar, hitting its lowest level since the global financial crisis
Crypto Policy
• Progress has been made in crypto market structure negotiations, though the situation remains delicate, with unexpected developments emerging during discussions
• Kenya released a draft regulatory framework for Virtual Asset Service Providers (VASPs)
Industry Highlights
• Decentralized derivatives exchange edgeX launched its EDGE airdrop allocation, allowing distribution across multiple wallets
• Strive increased its BTC holdings by 317 BTC, bringing total holdings to 13,627.9 BTC
• MLB named Polymarket as its exclusive prediction market partner
• Strategy’s Bitcoin holdings gap with BlackRock’s IBIT has narrowed to 21,102 BTC
• Coinbase Bitcoin Premium Index turned negative again
Geopolitical Tensions Dominate Markets, Oil Pullback Drives Risk Asset Recovery
Summary
• Macroeconomics: During early U.S. trading hours, global risk assets extended overnight weakness, compounded by a sharp rise in oil prices, putting pressure on market sentiment. However, later in the U.S. session, positive developments on both supply and transportation fronts helped push oil prices lower, leading to a recovery in risk appetite. U.S. equities rebounded and recouped part of their earlier losses.
• Crypto Market: Driven primarily by macro factors, the crypto market remained highly correlated with U.S. equities. Bitcoin fell below $69,000 before staging a technical rebound, but has now recorded three consecutive daily losses, with sentiment continuing to deteriorate. The ETH/BTC ratio extended its downtrend, Bitcoin dominance remained relatively stable, and altcoins corrected broadly alongside the market.
• Project Developments:
◦ Trending Tokens: TAO, ENJ, LOBSTAR
◦ AVAX: Animoca Brands announced an investment in AVAX tokens, aiming to accelerate Avalanche’s expansion in Asia and the Middle East. The news had limited price impact, with AVAX down 1% over the past 24 hours
◦ ETHFI: Upbit listed an ETHFI/KRW trading pair; ETHFI briefly surged before pulling back in line with the broader market
◦ QNT: Robinhood listed QNT, which rose 4% against the broader market trend
Crypto Fear & Greed Index: 11 (vs. 23 24 hours ago) — Extreme Fear
Today’s Outlook
• U.S. equities “Quadruple Witching Day”
• ZRO unlock: 12.69% of circulating supply (~$51.8 million)
• KAITO unlock: 7.29% of circulating supply (~$6.3 million)
Macroeconomics
• U.S. media reported that the U.S. military may seize strategic islands to pressure Iran into reopening the Strait of Hormuz
• Trump stated he had urged Israel not to strike Iranian energy facilities; Netanyahu indicated Israel would “pause” airstrikes on such targets
• Six countries issued a joint statement expressing readiness to ensure the security of the Strait of Hormuz
• The U.S. further eased sanctions on Russian oil
• The Bank of Japan kept its benchmark rate unchanged at 0.75%, in line with expectations
• The Bank of England held its benchmark rate steady at 3.75%
• The Korean won fell past the 1,500 level against the U.S. dollar, hitting its lowest level since the global financial crisis
Crypto Policy
• Progress has been made in crypto market structure negotiations, though the situation remains delicate, with unexpected developments emerging during discussions
• Kenya released a draft regulatory framework for Virtual Asset Service Providers (VASPs)
Industry Highlights
• Decentralized derivatives exchange edgeX launched its EDGE airdrop allocation, allowing distribution across multiple wallets
• Strive increased its BTC holdings by 317 BTC, bringing total holdings to 13,627.9 BTC
• MLB named Polymarket as its exclusive prediction market partner
• Strategy’s Bitcoin holdings gap with BlackRock’s IBIT has narrowed to 21,102 BTC
• Coinbase Bitcoin Premium Index turned negative again
March 23, 2026
Geopolitical Tensions Escalate Again, Global Risk Assets Decline Broadly
Summary
• Macro: Geopolitical conflict has intensified again, with tensions rising sharply. Reports indicate the U.S. is considering deploying ground troops to Iran, while Donald Trump posted on social media demanding Iran reopen the Strait of Hormuz within 48 hours. Against this backdrop, global risk aversion surged, U.S. Treasury yields climbed sharply, and expectations for further rate hikes strengthened. U.S. and European equity futures weakened, while Japanese and Korean stock markets opened significantly lower on Monday.
• Crypto Market: Amid escalating geopolitical risks over the weekend, the crypto market reacted first, with Bitcoin falling below $68,000 and posting two consecutive days of declines. Market panic intensified rapidly, with key sentiment indicators dropping back into single-digit levels. Bitcoin dominance declined to 58.6%, while altcoins underperformed, experiencing amplified losses during the broader market correction.
• Project Updates
◦ Trending Tokens: SIREN, RIVER, XMR
◦ SIREN: AI meme token SIREN surged 138% against the broader market trend, with gains exceeding 1,000% over the past month
◦ SIGN: SIGN launched a 100 million token Orange Basic Income (OBI) program, encouraging users to withdraw tokens from CEXs into self-custody wallets. Rewards are distributed based on on-chain balances and holding duration. SIGN rose 11%
◦ RESOLV: Following an attack, Resolv suspended all protocol functions. Its stablecoin USR briefly depegged to $0.049, while RESOLV fell over 5%
Crypto Fear & Greed Index: 8 (vs. 10 24 hours ago), indicating Extreme Fear
Today’s Outlook
• The U.S. SEC may process Morgan Stanley’s Bitcoin ETF application as early as March 23
• Joint crypto regulatory guidance from the SEC and CFTC will officially take effect on March 23
• Polymarket is set to announce major news on March 23, with speculation around fundraising or a token launch
• Backpack will conduct its TGE on March 23
Macro Economy
• Trump demands Iran reopen the Strait of Hormuz, threatening to destroy power infrastructure
• Iran signals it will allow passage for non-hostile vessels through the Strait of Hormuz
• International Energy Agency warns that restoring oil and gas supply in the Gulf region could take up to six months
• U.S. 10-year Treasury yield rises to its highest level since August last year
Crypto Policy
• The U.S. House Financial Services Committee will hold a tokenization hearing on March 25, focusing on the future of capital markets
• Fidelity Investments urges the SEC to improve the regulatory framework for broker-dealers offering, custodying, and trading crypto assets via Alternative Trading Systems (ATS)
• New York Stock Exchange removes industry-wide limits on options trading for crypto ETFs
Industry Highlights
• Morgan Stanley submits an amended S-1 filing to advance its Bitcoin ETF application
• Bitcoin mining difficulty decreases by 7.76% to 133.79 T
• Google identifies an iOS exploit chain affecting iPhones running iOS 18.4–18.7, targeting multiple crypto CEX and wallet apps
• Pyth Network launches institutional-grade market data services for exchanges
• Chairman of the Solana Foundation states that blockchain gaming is “dead,” suggesting billions in industry investment may have been misallocated
Geopolitical Tensions Escalate Again, Global Risk Assets Decline Broadly
Summary
• Macro: Geopolitical conflict has intensified again, with tensions rising sharply. Reports indicate the U.S. is considering deploying ground troops to Iran, while Donald Trump posted on social media demanding Iran reopen the Strait of Hormuz within 48 hours. Against this backdrop, global risk aversion surged, U.S. Treasury yields climbed sharply, and expectations for further rate hikes strengthened. U.S. and European equity futures weakened, while Japanese and Korean stock markets opened significantly lower on Monday.
• Crypto Market: Amid escalating geopolitical risks over the weekend, the crypto market reacted first, with Bitcoin falling below $68,000 and posting two consecutive days of declines. Market panic intensified rapidly, with key sentiment indicators dropping back into single-digit levels. Bitcoin dominance declined to 58.6%, while altcoins underperformed, experiencing amplified losses during the broader market correction.
• Project Updates
◦ Trending Tokens: SIREN, RIVER, XMR
◦ SIREN: AI meme token SIREN surged 138% against the broader market trend, with gains exceeding 1,000% over the past month
◦ SIGN: SIGN launched a 100 million token Orange Basic Income (OBI) program, encouraging users to withdraw tokens from CEXs into self-custody wallets. Rewards are distributed based on on-chain balances and holding duration. SIGN rose 11%
◦ RESOLV: Following an attack, Resolv suspended all protocol functions. Its stablecoin USR briefly depegged to $0.049, while RESOLV fell over 5%
Crypto Fear & Greed Index: 8 (vs. 10 24 hours ago), indicating Extreme Fear
Today’s Outlook
• The U.S. SEC may process Morgan Stanley’s Bitcoin ETF application as early as March 23
• Joint crypto regulatory guidance from the SEC and CFTC will officially take effect on March 23
• Polymarket is set to announce major news on March 23, with speculation around fundraising or a token launch
• Backpack will conduct its TGE on March 23
Macro Economy
• Trump demands Iran reopen the Strait of Hormuz, threatening to destroy power infrastructure
• Iran signals it will allow passage for non-hostile vessels through the Strait of Hormuz
• International Energy Agency warns that restoring oil and gas supply in the Gulf region could take up to six months
• U.S. 10-year Treasury yield rises to its highest level since August last year
Crypto Policy
• The U.S. House Financial Services Committee will hold a tokenization hearing on March 25, focusing on the future of capital markets
• Fidelity Investments urges the SEC to improve the regulatory framework for broker-dealers offering, custodying, and trading crypto assets via Alternative Trading Systems (ATS)
• New York Stock Exchange removes industry-wide limits on options trading for crypto ETFs
Industry Highlights
• Morgan Stanley submits an amended S-1 filing to advance its Bitcoin ETF application
• Bitcoin mining difficulty decreases by 7.76% to 133.79 T
• Google identifies an iOS exploit chain affecting iPhones running iOS 18.4–18.7, targeting multiple crypto CEX and wallet apps
• Pyth Network launches institutional-grade market data services for exchanges
• Chairman of the Solana Foundation states that blockchain gaming is “dead,” suggesting billions in industry investment may have been misallocated
March 24, 2026
US–Iran Negotiation Headlines Stir Volatility, Markets Turn Cautious After Sharp Swings
Summary
• Macro: Donald Trump announced a five-day delay to potential military strikes on Iran, triggering sharp volatility across global financial markets. Oil prices plunged more than 10%, gold recovered most of its intraday losses, and major U.S. equity indices closed up over 1%. However, Iran quickly denied the existence of any negotiations, causing market gains to partially retrace.
• Crypto Market: The crypto market broadly tracked global risk assets. Driven by headlines, Bitcoin surged past $71,000 before entering a high-level consolidation phase. Bitcoin dominance rebounded to 59.1%, indicating altcoins underperformed during the recovery. Despite the short-term price rebound, overall market sentiment remains in the “Extreme Fear” zone, with a sustained recovery still dependent on easing geopolitical risks.
• Project Updates
◦ Trending Tokens: APT, TAO, ZRO
◦ APT: Recently classified as a “digital commodity” by the SEC and CFTC. A proposal to increase gas fees tenfold or enhance burn mechanisms to boost deflation is also under discussion. APT rose 10% alongside the broader market rebound
◦ TAO: Jensen Huang recently discussed the Bittensor project in a tech podcast, strengthening its narrative. TAO gained 10%
◦ ZRO: Wintermute transferred 3.8 million ZRO to an anonymous address, interpreted as liquidity reallocation, driving bullish sentiment. ZRO rose 11%
◦ ME: Magic Eden increased token buyback and staking reward allocation to 30% of core revenue. ME edged up 1.5%
◦ Freedom of Money / “币安人生”: Changpeng Zhao announced his new book is finalized, with the English title “Freedom of Money” and Chinese title “币安人生.” The related token surged 25%, while “币安人生” rebounded 3.3%
◦ EDGE: Decentralized derivatives platform edgeX announced its native token EDGE TGE and listing are scheduled for March 31
Crypto Fear & Greed Index: 11 (vs. 8 24 hours ago), Extreme Fear
Today’s Outlook
• U.S. S&P Global Manufacturing PMI (March)
• G7 foreign ministers to meet in Paris (Mar 24–25) to discuss ending the Iran conflict
• NIL unlock: 36.40% (~$5.3M)
• MON unlock: 0.34% (~$3.6M)
Macro Economy
• Trump: The U.S. and Iran held “very good and productive” talks over the past two days; military action delayed by five days. The Strait of Hormuz may be jointly managed, and Iran has agreed not to pursue nuclear weapons. If talks collapse, military strikes will resume
• Iranian media: No direct or indirect contact with Trump has taken place
• Goldman Sachs raises the probability of a U.S. recession to 30%
Crypto Policy
• The U.S. SEC submitted digital asset and fund disclosure rules to the White House, proposing an “innovation exemption” mechanism
• The Wall Street Journal reports U.S. lawmakers plan to introduce a bill banning sports and entertainment betting on prediction markets
• The Clarity Act draft proposes limiting stablecoin yields to user-activity-based rewards only
Industry Highlights
• Strategy announced two simultaneous $21 billion ATM equity issuance programs
• Strategy acquired an additional 1,031 BTC last week at an average price of ~$74,326, bringing total holdings to 762,099 BTC
• BitMine added 65,341 ETH last week, increasing total holdings to 4.661 million ETH
• Solana Foundation proposed four privacy modes, introducing customizable privacy frameworks for institutional adoption
• Hostplus is considering adding crypto assets to its ~$105 billion investment portfolio
• Funding rates across major CEXs and DEXs indicate the market is returning to a neutral stance
US–Iran Negotiation Headlines Stir Volatility, Markets Turn Cautious After Sharp Swings
Summary
• Macro: Donald Trump announced a five-day delay to potential military strikes on Iran, triggering sharp volatility across global financial markets. Oil prices plunged more than 10%, gold recovered most of its intraday losses, and major U.S. equity indices closed up over 1%. However, Iran quickly denied the existence of any negotiations, causing market gains to partially retrace.
• Crypto Market: The crypto market broadly tracked global risk assets. Driven by headlines, Bitcoin surged past $71,000 before entering a high-level consolidation phase. Bitcoin dominance rebounded to 59.1%, indicating altcoins underperformed during the recovery. Despite the short-term price rebound, overall market sentiment remains in the “Extreme Fear” zone, with a sustained recovery still dependent on easing geopolitical risks.
• Project Updates
◦ Trending Tokens: APT, TAO, ZRO
◦ APT: Recently classified as a “digital commodity” by the SEC and CFTC. A proposal to increase gas fees tenfold or enhance burn mechanisms to boost deflation is also under discussion. APT rose 10% alongside the broader market rebound
◦ TAO: Jensen Huang recently discussed the Bittensor project in a tech podcast, strengthening its narrative. TAO gained 10%
◦ ZRO: Wintermute transferred 3.8 million ZRO to an anonymous address, interpreted as liquidity reallocation, driving bullish sentiment. ZRO rose 11%
◦ ME: Magic Eden increased token buyback and staking reward allocation to 30% of core revenue. ME edged up 1.5%
◦ Freedom of Money / “币安人生”: Changpeng Zhao announced his new book is finalized, with the English title “Freedom of Money” and Chinese title “币安人生.” The related token surged 25%, while “币安人生” rebounded 3.3%
◦ EDGE: Decentralized derivatives platform edgeX announced its native token EDGE TGE and listing are scheduled for March 31
Crypto Fear & Greed Index: 11 (vs. 8 24 hours ago), Extreme Fear
Today’s Outlook
• U.S. S&P Global Manufacturing PMI (March)
• G7 foreign ministers to meet in Paris (Mar 24–25) to discuss ending the Iran conflict
• NIL unlock: 36.40% (~$5.3M)
• MON unlock: 0.34% (~$3.6M)
Macro Economy
• Trump: The U.S. and Iran held “very good and productive” talks over the past two days; military action delayed by five days. The Strait of Hormuz may be jointly managed, and Iran has agreed not to pursue nuclear weapons. If talks collapse, military strikes will resume
• Iranian media: No direct or indirect contact with Trump has taken place
• Goldman Sachs raises the probability of a U.S. recession to 30%
Crypto Policy
• The U.S. SEC submitted digital asset and fund disclosure rules to the White House, proposing an “innovation exemption” mechanism
• The Wall Street Journal reports U.S. lawmakers plan to introduce a bill banning sports and entertainment betting on prediction markets
• The Clarity Act draft proposes limiting stablecoin yields to user-activity-based rewards only
Industry Highlights
• Strategy announced two simultaneous $21 billion ATM equity issuance programs
• Strategy acquired an additional 1,031 BTC last week at an average price of ~$74,326, bringing total holdings to 762,099 BTC
• BitMine added 65,341 ETH last week, increasing total holdings to 4.661 million ETH
• Solana Foundation proposed four privacy modes, introducing customizable privacy frameworks for institutional adoption
• Hostplus is considering adding crypto assets to its ~$105 billion investment portfolio
• Funding rates across major CEXs and DEXs indicate the market is returning to a neutral stance
April 10, 2026
Easing Geopolitical Tensions Support Risk Assets in a Choppy Uptrend
Summary
Macro: Rising expectations around Israel–Lebanon talks have reinforced hopes for a sustained US–Iran ceasefire, lifting overall risk appetite. US equities extended gains, with the S&P 500 and Nasdaq posting a seven-day winning streak. Earlier Israeli strikes on Lebanon briefly clouded the outlook and pushed oil prices higher; however, after Israel signaled willingness to proceed with negotiations, oil retraced more than half of its gains. Precious metals remained strong, with spot gold rising nearly 2% intraday and silver gaining over 4%.
Crypto Market: A temporary Russia–Ukraine ceasefire, combined with ongoing Islamabad talks and direct Israel–Lebanon dialogue, helped improve market sentiment. BTC briefly rallied but faced resistance and pulled back. It is now consolidating around the $72,000 level with declining volume, with strong resistance in the $72,500–$73,000 range.
Project Updates
Trending Tokens: RAVE, VVV, TNSR
• RAVE: A platform focused on offline electronic music festivals, recently gained attention due to events in Hong Kong. Capital inflows surged, with 24-hour trading volume up over 2x and price rising დაახლოებით 225%.
• TNSR: Significant expansion in both price and volume, with trading activity surging; 24-hour volume increased over 33x, and the token gained more than 44%.
• VVV: Venice Token topped the Base AI Agents leaderboard. Coupled with Aerodrome’s WETH-VVV liquidity incentives (around 140% APY), strong capital inflows pushed the token up over 15%.
• ZEC: The privacy sector strengthened overall, with ZEC rising about 14%, also lifting DASH by a similar margin.
• SIREN: Highly concentrated token ownership combined with AI narrative hype has driven continued gains, up over 24% on the day. However, signs of potential price manipulation remain, warranting caution on downside risks.
Major Asset Performance
Data as of April 10, 2026, 00:00 (UTC+0)
• BTC: $71,809.30 | 24h: +1.03%
• ETH: $2,190.42 | 24h: +0.03%
• S&P 500: 6,824.63 | 24h: +0.62%
• NASDAQ: 22,822.42 | 24h: +0.83%
• WTI Crude: $98.42 | 24h: +1.33%
• Crypto Fear & Greed Index: 16 (vs. 14 24h ago) — Extreme Fear
Today’s Outlook
• US March CPI (YoY, unadjusted)
• US March CPI (MoM, seasonally adjusted)
• US March Core CPI (MoM, seasonally adjusted)
• US March Core CPI (YoY, unadjusted)
• US April 1-Year Inflation Expectations (Preliminary)
• BABY token unlock: 12.33% of circulating supply (~$5.46 million)
Macro Developments
• US Core PCE YoY edged lower, while MoM remained unchanged.
• Putin announced a 32-hour ceasefire for Orthodox Easter, followed by Ukraine President Zelensky confirming participation.
• Netanyahu ordered direct negotiations with Lebanon, with the first round reportedly set to take place in the US next week.
• Trump pressured European allies to present concrete escort plans within days.
• The US is filling Middle East oil supply gaps, with empty tankers from Asia redirecting to the US.
• Japan plans to release 20 days’ worth of oil reserves starting early May.
Crypto Policy
• The SEC Chair stated readiness to implement the “Clarity Act” once passed by Congress.
• Dubai released updated guidelines for token issuance, including RWA and stablecoins.
Industry Highlights
• Telegram founder announced a major upgrade to the TON blockchain, improving speed by 10x.
• Circle launched CPN Custody Payments, enabling financial institutions to join and operate within the network.
• Visa introduced its AI-powered “Intelligent Commerce Connection,” allowing AI agents to autonomously browse and complete payments.
• Bhutan transferred another 319.7 BTC, potentially for sale.
• AI platform Surf launched Surf Skill, offering users up to $200,000 in free API credits.
Easing Geopolitical Tensions Support Risk Assets in a Choppy Uptrend
Summary
Macro: Rising expectations around Israel–Lebanon talks have reinforced hopes for a sustained US–Iran ceasefire, lifting overall risk appetite. US equities extended gains, with the S&P 500 and Nasdaq posting a seven-day winning streak. Earlier Israeli strikes on Lebanon briefly clouded the outlook and pushed oil prices higher; however, after Israel signaled willingness to proceed with negotiations, oil retraced more than half of its gains. Precious metals remained strong, with spot gold rising nearly 2% intraday and silver gaining over 4%.
Crypto Market: A temporary Russia–Ukraine ceasefire, combined with ongoing Islamabad talks and direct Israel–Lebanon dialogue, helped improve market sentiment. BTC briefly rallied but faced resistance and pulled back. It is now consolidating around the $72,000 level with declining volume, with strong resistance in the $72,500–$73,000 range.
Project Updates
Trending Tokens: RAVE, VVV, TNSR
• RAVE: A platform focused on offline electronic music festivals, recently gained attention due to events in Hong Kong. Capital inflows surged, with 24-hour trading volume up over 2x and price rising დაახლოებით 225%.
• TNSR: Significant expansion in both price and volume, with trading activity surging; 24-hour volume increased over 33x, and the token gained more than 44%.
• VVV: Venice Token topped the Base AI Agents leaderboard. Coupled with Aerodrome’s WETH-VVV liquidity incentives (around 140% APY), strong capital inflows pushed the token up over 15%.
• ZEC: The privacy sector strengthened overall, with ZEC rising about 14%, also lifting DASH by a similar margin.
• SIREN: Highly concentrated token ownership combined with AI narrative hype has driven continued gains, up over 24% on the day. However, signs of potential price manipulation remain, warranting caution on downside risks.
Major Asset Performance
Data as of April 10, 2026, 00:00 (UTC+0)
• BTC: $71,809.30 | 24h: +1.03%
• ETH: $2,190.42 | 24h: +0.03%
• S&P 500: 6,824.63 | 24h: +0.62%
• NASDAQ: 22,822.42 | 24h: +0.83%
• WTI Crude: $98.42 | 24h: +1.33%
• Crypto Fear & Greed Index: 16 (vs. 14 24h ago) — Extreme Fear
Today’s Outlook
• US March CPI (YoY, unadjusted)
• US March CPI (MoM, seasonally adjusted)
• US March Core CPI (MoM, seasonally adjusted)
• US March Core CPI (YoY, unadjusted)
• US April 1-Year Inflation Expectations (Preliminary)
• BABY token unlock: 12.33% of circulating supply (~$5.46 million)
Macro Developments
• US Core PCE YoY edged lower, while MoM remained unchanged.
• Putin announced a 32-hour ceasefire for Orthodox Easter, followed by Ukraine President Zelensky confirming participation.
• Netanyahu ordered direct negotiations with Lebanon, with the first round reportedly set to take place in the US next week.
• Trump pressured European allies to present concrete escort plans within days.
• The US is filling Middle East oil supply gaps, with empty tankers from Asia redirecting to the US.
• Japan plans to release 20 days’ worth of oil reserves starting early May.
Crypto Policy
• The SEC Chair stated readiness to implement the “Clarity Act” once passed by Congress.
• Dubai released updated guidelines for token issuance, including RWA and stablecoins.
Industry Highlights
• Telegram founder announced a major upgrade to the TON blockchain, improving speed by 10x.
• Circle launched CPN Custody Payments, enabling financial institutions to join and operate within the network.
• Visa introduced its AI-powered “Intelligent Commerce Connection,” allowing AI agents to autonomously browse and complete payments.
• Bhutan transferred another 319.7 BTC, potentially for sale.
• AI platform Surf launched Surf Skill, offering users up to $200,000 in free API credits.
April 13, 2026
US–Iran Talks Stall, Global Markets Under Pressure and Volatile
Summary
Macro: On Friday, US CPI data initially lifted market sentiment, with equities opening slightly higher. However, the University of Michigan consumer sentiment index fell to a record low, and uncertainty סביב US–Iran weekend negotiations weighed on markets, leading to a mild pullback, with the S&P 500 closing down 0.11%. On Monday morning, as US–Iran talks hit an impasse, crude oil futures surged sharply.
Crypto Market: With US–Iran negotiations failing to reach an agreement, geopolitical risks have intensified again. At the same time, institutional demand has weakened, with CME Bitcoin futures activity dropping to a 14-month low, signaling cooling demand. Under these combined pressures, BTC briefly fell to around $70,000 and is now consolidating near the $71,000 level.
Project Updates
Trending Tokens: RAVE, TRADOOR, TRUMP
• RAVE: Listing on new trading platforms drove strong capital inflows, triggering significant price volatility. The token has surged over 10x in the past four days, with a single-day gain exceeding 170%.
• TRADOOR: Previously rallied on its Robinhood listing, then experienced a sharp crash followed by a rebound, gaining nearly 60% in a single day.
• TRUMP: Multiple whales have been accumulating TRUMP tokens to secure eligibility for a Trump-hosted dinner event, driving short-term speculative activity.
• WLIF: Justin Sun accused WLIF of blacklisting his address, drawing market attention. The project was also criticized for allegedly externalizing liquidation risks via Dolomite-related lending mechanisms. The team later responded by disclosing revenue and buyback plans, leading to heightened volatility, with the token up slightly by 1.4% on the day.
• AAVE: Aave V4 increased deposit caps across multiple assets to accommodate more liquidity, but the token price declined in line with the broader market.
• PYTH: Launched the Pyth Data Marketplace to strengthen its data product ecosystem, but the token price fell amid overall market weakness.
• HYPE: Grayscale added HYPE and VIRTUAL to its potential investment list. Meanwhile, Arthur Hayes reportedly purchased around 26,000 HYPE tokens (~$1.1 million), though the price still weakened alongside the broader market pullback.
Major Asset Performance
Data as of April 13, 2026, 00:00 (UTC+0)
• BTC: $70,742.30 | 24h: -3.15%
• ETH: $2,191.40 | 24h: -4.08%
• S&P 500: 6,816.89 | 24h: -0.11%
• NASDAQ: 22,902.89 | 24h: +0.35%
• WTI Crude: $104.41 | 24h: +6.08%
• Crypto Fear & Greed Index: 12 (vs. 16 24h ago) — Extreme Fear
Today’s Outlook
• Bank of Japan Governor Kazuo Ueda speech
• Kazuo Ueda to visit the US (Apr 13–18) for G20 and IMFC meetings
• UP token unlock: 6.42% (~$1.44M)
Macro Developments
• A second round of US–Iran talks may take place within days, with Middle Eastern countries pushing to extend the ceasefire.
• The US military is expected to block Iranian maritime traffic at 10 PM on April 13.
• Donald Trump stated the US Navy may blockade the Strait of Hormuz and intercept vessels paying transit fees to Iran.
• The third round of US–Iran negotiations has concluded, with key issues still unresolved.
Crypto Policy
• Argentina has included crypto assets within the net worth calculation for qualified investors.
• South Korean regulators are considering whether confiscated gains from insider trading in crypto should be included in the second phase of legislation.
Industry Highlights
• Tether-linked Super PAC’s first ad spending directed to a company associated with its CEO has raised concerns.
• Michael Saylor posted another Bitcoin Tracker update, with potential new accumulation data expected next week.
• UK regulators are urgently assessing risks related to Anthropic’s latest AI model.
• Robinhood has excluded some prediction market products due to manipulation risks, prioritizing partnerships with compliant platforms.
• Exodus Movement reported BTC holdings of 628 and SOL holdings of 17,541 as of end-March.
US–Iran Talks Stall, Global Markets Under Pressure and Volatile
Summary
Macro: On Friday, US CPI data initially lifted market sentiment, with equities opening slightly higher. However, the University of Michigan consumer sentiment index fell to a record low, and uncertainty סביב US–Iran weekend negotiations weighed on markets, leading to a mild pullback, with the S&P 500 closing down 0.11%. On Monday morning, as US–Iran talks hit an impasse, crude oil futures surged sharply.
Crypto Market: With US–Iran negotiations failing to reach an agreement, geopolitical risks have intensified again. At the same time, institutional demand has weakened, with CME Bitcoin futures activity dropping to a 14-month low, signaling cooling demand. Under these combined pressures, BTC briefly fell to around $70,000 and is now consolidating near the $71,000 level.
Project Updates
Trending Tokens: RAVE, TRADOOR, TRUMP
• RAVE: Listing on new trading platforms drove strong capital inflows, triggering significant price volatility. The token has surged over 10x in the past four days, with a single-day gain exceeding 170%.
• TRADOOR: Previously rallied on its Robinhood listing, then experienced a sharp crash followed by a rebound, gaining nearly 60% in a single day.
• TRUMP: Multiple whales have been accumulating TRUMP tokens to secure eligibility for a Trump-hosted dinner event, driving short-term speculative activity.
• WLIF: Justin Sun accused WLIF of blacklisting his address, drawing market attention. The project was also criticized for allegedly externalizing liquidation risks via Dolomite-related lending mechanisms. The team later responded by disclosing revenue and buyback plans, leading to heightened volatility, with the token up slightly by 1.4% on the day.
• AAVE: Aave V4 increased deposit caps across multiple assets to accommodate more liquidity, but the token price declined in line with the broader market.
• PYTH: Launched the Pyth Data Marketplace to strengthen its data product ecosystem, but the token price fell amid overall market weakness.
• HYPE: Grayscale added HYPE and VIRTUAL to its potential investment list. Meanwhile, Arthur Hayes reportedly purchased around 26,000 HYPE tokens (~$1.1 million), though the price still weakened alongside the broader market pullback.
Major Asset Performance
Data as of April 13, 2026, 00:00 (UTC+0)
• BTC: $70,742.30 | 24h: -3.15%
• ETH: $2,191.40 | 24h: -4.08%
• S&P 500: 6,816.89 | 24h: -0.11%
• NASDAQ: 22,902.89 | 24h: +0.35%
• WTI Crude: $104.41 | 24h: +6.08%
• Crypto Fear & Greed Index: 12 (vs. 16 24h ago) — Extreme Fear
Today’s Outlook
• Bank of Japan Governor Kazuo Ueda speech
• Kazuo Ueda to visit the US (Apr 13–18) for G20 and IMFC meetings
• UP token unlock: 6.42% (~$1.44M)
Macro Developments
• A second round of US–Iran talks may take place within days, with Middle Eastern countries pushing to extend the ceasefire.
• The US military is expected to block Iranian maritime traffic at 10 PM on April 13.
• Donald Trump stated the US Navy may blockade the Strait of Hormuz and intercept vessels paying transit fees to Iran.
• The third round of US–Iran negotiations has concluded, with key issues still unresolved.
Crypto Policy
• Argentina has included crypto assets within the net worth calculation for qualified investors.
• South Korean regulators are considering whether confiscated gains from insider trading in crypto should be included in the second phase of legislation.
Industry Highlights
• Tether-linked Super PAC’s first ad spending directed to a company associated with its CEO has raised concerns.
• Michael Saylor posted another Bitcoin Tracker update, with potential new accumulation data expected next week.
• UK regulators are urgently assessing risks related to Anthropic’s latest AI model.
• Robinhood has excluded some prediction market products due to manipulation risks, prioritizing partnerships with compliant platforms.
• Exodus Movement reported BTC holdings of 628 and SOL holdings of 17,541 as of end-March.
April 14, 2026
Easing Signals in U.S.–Iran Talks Lift BTC Above $74K
Summary
• Macro: Progress in U.S.–Iran negotiations, with Trump signaling Iran’s willingness to reach a deal, boosted risk appetite. U.S. equities rallied, with the S&P 500 fully recovering its year-to-date losses. In commodities, U.S. restrictions on Iranian ports initially pushed oil prices higher, but gains were later pared as optimism over a potential deal eased supply concerns.
• Crypto Market: Continued engagement between the U.S. and Iran improved market sentiment. BTC briefly broke above $74,000, lifting overall crypto market momentum, with ETH and other major assets posting strong gains.
Project Updates
• Hot Tokens: RAVE, GENIUS, ZEC
• RAVE: Short squeeze extended into a fourth consecutive day, with funding rates remaining negative. 24h trading volume exceeded $45M, and holder addresses surpassed 26,000, indicating strong capital inflows and rising activity.
• GENIUS: Airdrop launch combined with Aster perpetual listings and incentive programs drove rapid capital inflows. Volume and price surged, with trading volume spiking over 38,000x and price up nearly 70% in a single day.
• AAVE: Aave’s most significant proposal to date was approved, granting $25M in stablecoin funding to Aave Labs. The token rose over 10% on the day.
• ZEC: The development team released a new roadmap focusing on post-quantum security, scalability, and UX improvements. Weekly gains exceeded 40%.
• DOT: A vulnerability in Ethereum’s Hyperbridge cross-chain gateway allowed attackers to forge messages, seize admin control of the Polkadot token contract, mint additional tokens, and sell them—impacting market confidence. DOT fell over 4%.
Key Asset Performance (as of Apr 14, 2026, 00:00 UTC)
• BTC: $74,410.80 (+5.19%)
• ETH: $2,368.89 (+8.10%)
• S&P 500: 6,886.24 (+1.02%)
• NASDAQ: 23,183.74 (+1.23%)
• WTI Crude: $96.66 (-7.42%)
• Crypto Fear & Greed Index: 21 (prev. 12) — Extreme Fear
Today’s Outlook
• U.S. March PPI (YoY & MoM)
Macro Developments
• Vance: Significant progress made in talks with Iran; next round depends on Iran
• Trump: Iran has reached out expressing willingness to strike a deal
• U.S. reportedly preparing for a second round of face-to-face talks; ceasefire may be extended
• Iran considering halting uranium enrichment as a condition for ending the conflict
• Next round of talks may take place in Islamabad on April 16
Crypto Policy
• White House advisors signal narrowing اختلاف in crypto legislation, accelerating progress
• SEC issues guidance exempting certain self-custody wallet interfaces from securities regulation
• Bank of Korea suggests introducing circuit breaker-like mechanisms in crypto markets
• Korea’s audit authority proposes including crypto in pension oversight
• ECB supports tokenization of EU capital markets under strict regulatory frameworks
Industry Highlights
• Korean payments giant NHN KCP partners with Avalanche to build a dedicated payment Layer 1
• Strategy purchased ~13,927 BTC (~$1B) last week at ~$71,902 average price
• Nvidia GPU rental prices up 48% in two months, signaling persistent AI compute shortage
• HSBC completes tokenized deposit pilot on the Canton Network
• Circle partners with Dunamu (operator of Upbit)
• Nexon’s parent company NXC reduces BTC and ETH holdings and sells exchange stakes
Easing Signals in U.S.–Iran Talks Lift BTC Above $74K
Summary
• Macro: Progress in U.S.–Iran negotiations, with Trump signaling Iran’s willingness to reach a deal, boosted risk appetite. U.S. equities rallied, with the S&P 500 fully recovering its year-to-date losses. In commodities, U.S. restrictions on Iranian ports initially pushed oil prices higher, but gains were later pared as optimism over a potential deal eased supply concerns.
• Crypto Market: Continued engagement between the U.S. and Iran improved market sentiment. BTC briefly broke above $74,000, lifting overall crypto market momentum, with ETH and other major assets posting strong gains.
Project Updates
• Hot Tokens: RAVE, GENIUS, ZEC
• RAVE: Short squeeze extended into a fourth consecutive day, with funding rates remaining negative. 24h trading volume exceeded $45M, and holder addresses surpassed 26,000, indicating strong capital inflows and rising activity.
• GENIUS: Airdrop launch combined with Aster perpetual listings and incentive programs drove rapid capital inflows. Volume and price surged, with trading volume spiking over 38,000x and price up nearly 70% in a single day.
• AAVE: Aave’s most significant proposal to date was approved, granting $25M in stablecoin funding to Aave Labs. The token rose over 10% on the day.
• ZEC: The development team released a new roadmap focusing on post-quantum security, scalability, and UX improvements. Weekly gains exceeded 40%.
• DOT: A vulnerability in Ethereum’s Hyperbridge cross-chain gateway allowed attackers to forge messages, seize admin control of the Polkadot token contract, mint additional tokens, and sell them—impacting market confidence. DOT fell over 4%.
Key Asset Performance (as of Apr 14, 2026, 00:00 UTC)
• BTC: $74,410.80 (+5.19%)
• ETH: $2,368.89 (+8.10%)
• S&P 500: 6,886.24 (+1.02%)
• NASDAQ: 23,183.74 (+1.23%)
• WTI Crude: $96.66 (-7.42%)
• Crypto Fear & Greed Index: 21 (prev. 12) — Extreme Fear
Today’s Outlook
• U.S. March PPI (YoY & MoM)
Macro Developments
• Vance: Significant progress made in talks with Iran; next round depends on Iran
• Trump: Iran has reached out expressing willingness to strike a deal
• U.S. reportedly preparing for a second round of face-to-face talks; ceasefire may be extended
• Iran considering halting uranium enrichment as a condition for ending the conflict
• Next round of talks may take place in Islamabad on April 16
Crypto Policy
• White House advisors signal narrowing اختلاف in crypto legislation, accelerating progress
• SEC issues guidance exempting certain self-custody wallet interfaces from securities regulation
• Bank of Korea suggests introducing circuit breaker-like mechanisms in crypto markets
• Korea’s audit authority proposes including crypto in pension oversight
• ECB supports tokenization of EU capital markets under strict regulatory frameworks
Industry Highlights
• Korean payments giant NHN KCP partners with Avalanche to build a dedicated payment Layer 1
• Strategy purchased ~13,927 BTC (~$1B) last week at ~$71,902 average price
• Nvidia GPU rental prices up 48% in two months, signaling persistent AI compute shortage
• HSBC completes tokenized deposit pilot on the Canton Network
• Circle partners with Dunamu (operator of Upbit)
• Nexon’s parent company NXC reduces BTC and ETH holdings and sells exchange stakes
Apr 15, 2026
Easing Inflation and Rebounding Risk Appetite Drive Market Rally, While Crypto Faces Technical Resistance
Summary
• Macro Economy: U.S. March PPI came in below market expectations across the board, easing short-term inflation concerns. Combined with renewed expectations of U.S.–Iran talks, risk appetite rebounded broadly, pushing global assets higher. Oil prices briefly fell below $90, while U.S. equities and Treasuries rallied simultaneously. The Nasdaq posted a 10-day winning streak—its longest since 2021—indicating a notable recovery in market sentiment.
• Crypto Market: Supported by improving macro sentiment, Bitcoin briefly broke above its previous high of $76,000, but later faced technical resistance and gave back gains, closing down 0.36% on the day. Bitcoin dominance rose to 60%, suggesting that risk appetite has not yet rotated into altcoins, with capital still concentrated in major assets.
• Project Updates
◦ Trending Tokens: RAVE, ZAMA, ENJ
◦ RAVE: Surged another 126% in 24h amid a short squeeze; funding rates briefly hit the lower bound, with liquidation volume second only to BTC and ETH.
◦ Chinese meme sector rallied broadly, with “Binance Life” rebounding nearly 10x from lows, lifting related tokens such as Hakimi and Snowball.
◦ CRCL: Circle’s founder confirmed that Arc Network will launch a token; CRCL tokenized stock rose 8% in 24h.
◦ ZAMA: Jumped over 30% on listing news from Upbit and Bithumb.
◦ CC: Listed on Upbit (KRW, BTC, USDT pairs); previously, HSBC announced a tokenized deposit pilot on the Canton Network. CC rose 5% in 24h.
◦ APT: Aptos updated tokenomics, lowering staking rewards to 2.6% and increasing gas fees.
Major Asset Performance
Data as of Apr 15, 2026, 00:00 (UTC+0)
• BTC: $74,141.50 (-0.36%)
• ETH: $2,322.40 (-1.96%)
• S&P 500: 6,967.38 (+1.18%)
• NASDAQ: 23,639.08 (+1.96%)
• WTI: $92.02 (-5.94%)
• Crypto Fear & Greed Index: 23 (vs. 21 24h ago), Extreme Fear
Today’s Outlook
• DBR unlock: 14.16% of circulating supply (~$9.94M)
• CYBER unlock: 5.76% (~$1.76M)
Macro Developments
• Pakistan invited the U.S. and Iran for a second round of talks in Islamabad; timing remains undecided. Trump stated talks could take place “within the next two days.”
• Trump claimed the Iran war has ended; the U.S. Vice President expressed optimism about developments.
• Israel–Lebanon–U.S. trilateral talks concluded, with agreement to initiate direct negotiations.
• U.S. March PPI rose 4% YoY (highest since Feb 2023) but below expectations (4.6%); MoM +0.5% vs. expected +1.2%.
• Bessent: Tariff levels may revert by early July to pre–Supreme Court repeal levels.
• Fed’s Goolsbee: If war-driven oil price pressures persist, rate cuts may be delayed until 2027.
Crypto Policy
• Senator Thom Tillis plans to release a draft this week addressing stablecoin yield issues under the Clarity Act.
• U.S. lawmakers passed a revised bill to revisit crypto taxation policy.
• Trump reiterated that U.S.–Iran talks may occur in Pakistan “within the next two days.”
Industry Highlights
• Fed Chair nominee Warsh disclosed crypto holdings.
• Goldman Sachs plans to launch a “Bitcoin premium yield ETF.”
• Tether launched a self-custody wallet: tether.wallet.
• Circle founder confirmed Arc Network token issuance.
• Scroll proposed dissolving its security council, transferring governance to a multisig.
• Metaplex launched Agent Tokens on Solana, enabling AI agents to issue tokens.
Easing Inflation and Rebounding Risk Appetite Drive Market Rally, While Crypto Faces Technical Resistance
Summary
• Macro Economy: U.S. March PPI came in below market expectations across the board, easing short-term inflation concerns. Combined with renewed expectations of U.S.–Iran talks, risk appetite rebounded broadly, pushing global assets higher. Oil prices briefly fell below $90, while U.S. equities and Treasuries rallied simultaneously. The Nasdaq posted a 10-day winning streak—its longest since 2021—indicating a notable recovery in market sentiment.
• Crypto Market: Supported by improving macro sentiment, Bitcoin briefly broke above its previous high of $76,000, but later faced technical resistance and gave back gains, closing down 0.36% on the day. Bitcoin dominance rose to 60%, suggesting that risk appetite has not yet rotated into altcoins, with capital still concentrated in major assets.
• Project Updates
◦ Trending Tokens: RAVE, ZAMA, ENJ
◦ RAVE: Surged another 126% in 24h amid a short squeeze; funding rates briefly hit the lower bound, with liquidation volume second only to BTC and ETH.
◦ Chinese meme sector rallied broadly, with “Binance Life” rebounding nearly 10x from lows, lifting related tokens such as Hakimi and Snowball.
◦ CRCL: Circle’s founder confirmed that Arc Network will launch a token; CRCL tokenized stock rose 8% in 24h.
◦ ZAMA: Jumped over 30% on listing news from Upbit and Bithumb.
◦ CC: Listed on Upbit (KRW, BTC, USDT pairs); previously, HSBC announced a tokenized deposit pilot on the Canton Network. CC rose 5% in 24h.
◦ APT: Aptos updated tokenomics, lowering staking rewards to 2.6% and increasing gas fees.
Major Asset Performance
Data as of Apr 15, 2026, 00:00 (UTC+0)
• BTC: $74,141.50 (-0.36%)
• ETH: $2,322.40 (-1.96%)
• S&P 500: 6,967.38 (+1.18%)
• NASDAQ: 23,639.08 (+1.96%)
• WTI: $92.02 (-5.94%)
• Crypto Fear & Greed Index: 23 (vs. 21 24h ago), Extreme Fear
Today’s Outlook
• DBR unlock: 14.16% of circulating supply (~$9.94M)
• CYBER unlock: 5.76% (~$1.76M)
Macro Developments
• Pakistan invited the U.S. and Iran for a second round of talks in Islamabad; timing remains undecided. Trump stated talks could take place “within the next two days.”
• Trump claimed the Iran war has ended; the U.S. Vice President expressed optimism about developments.
• Israel–Lebanon–U.S. trilateral talks concluded, with agreement to initiate direct negotiations.
• U.S. March PPI rose 4% YoY (highest since Feb 2023) but below expectations (4.6%); MoM +0.5% vs. expected +1.2%.
• Bessent: Tariff levels may revert by early July to pre–Supreme Court repeal levels.
• Fed’s Goolsbee: If war-driven oil price pressures persist, rate cuts may be delayed until 2027.
Crypto Policy
• Senator Thom Tillis plans to release a draft this week addressing stablecoin yield issues under the Clarity Act.
• U.S. lawmakers passed a revised bill to revisit crypto taxation policy.
• Trump reiterated that U.S.–Iran talks may occur in Pakistan “within the next two days.”
Industry Highlights
• Fed Chair nominee Warsh disclosed crypto holdings.
• Goldman Sachs plans to launch a “Bitcoin premium yield ETF.”
• Tether launched a self-custody wallet: tether.wallet.
• Circle founder confirmed Arc Network token issuance.
• Scroll proposed dissolving its security council, transferring governance to a multisig.
• Metaplex launched Agent Tokens on Solana, enabling AI agents to issue tokens.