Trump reversed his stance on Canadian tariff policies multiple times on Tuesday, causing a "roller coaster" market. At the opening, the major US stock indexes rose, but then Trump announced a 25% tariff on Canadian steel and aluminum, causing the three major indexes to fall. Shortly after, news came out that this policy was suspended and both sides would renegotiate, but the downward trend in the US stock market remained. In the afternoon, the market changed again as Ukraine agreed to a 30-day ceasefire. Large-cap tech stocks rebounded, pushing the US stock market to hit new daily highs, but the market weakened again towards the end of the day. At the close, all three major indexes fell, with the Dow falling 1.14%, the S&P 500 falling 0.76%, and the Nasdaq falling 0.18%. Most of the big tech stocks rose.

 in a public letter on January 12th, Warren asked incoming Treasury Secretary Scott Bessent if the Treasury Department should have more power to sanction the cryptocurrency industry. Warren wrote, "Should the Anti-Money Laundering/Counter-Terrorism Financing and Sanctions Programs include a well-designed, risk-based provision to prevent money laundering or terrorist financing involving digital assets?" He is about to become the chief Democrat on the Senate Banking, Housing, and Urban Affairs Committee.

Algorand raised $ 10M on Feb 15, 2018

Cynthia Lummis, a US senator friendly to encryption and chairman of the US Senate Banking Committee's digital asset subcommittee, has resubmitted a new version of the Bitcoin Reserve Act. The latest version will allow the US government to hold more than 1 million bitcoins, as long as these bitcoins are obtained through legal means other than direct purchase, such as civil or criminal forfeiture, gift to the United States, or transfer from a federal agency. The previous version of the bill required a total acquisition of 1 million bitcoins within five years. In addition, the new bill also establishes an evaluation process for Bitcoin fork assets and airdropped assets in reserves, requiring all fork assets to be held in reserves and not sold or disposed of within five years unless authorized by law.

According to official sources, Astar Network has announced that Astar zkEVM will be migrated to Soneium L2. Liquidity providers will need to withdraw assets and liquidity from DEX/DeFi projects on Astar zkEVM and transfer them to Ethereum using Astar Portal's native cross-chain bridge for ETH, DAI, MATIC, USDC, USDT, WBTC, or wsETH. vASTR holders will need to cancel their pledges through Omni and once the pledge period ends, ASTR tokens will automatically be transferred to Astar zkEVM. Other token projects should pay attention to relevant migration announcements. NFT holders do not need to take any action.

 Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consulting expert of the Ministry of Finance, called for the active development of stablecoins to maintain Hong Kong's financial center advantages. He pointed out that Hong Kong can cooperate with financial institutions in other regions in the application of stablecoins, explore their potential in international settlement and cross-border application models, and also encourage traditional financial institutions, payment platforms, and technology companies to cooperate in promoting the application of stablecoins. In addition to cross-border and payment, stablecoins can also be used in fundraising and asset management, further expanding their application scope. In addition, it is necessary to expand the participation scope of the sandbox, relax the application conditions, and allow more start-ups and innovative projects to test new products in a low-risk environment.

On March 25th, according to market data, influenced by the news of collaboration between Trump Media and Technology Group, the platform coin CRO of Crypto.com rose by over 30%, now priced at $0.1066.

Kevin Weil, Chief Product Officer of OpenAI, said in an interview that ChatGPT-5 will be released soon. I won't give you a specific time, but GPT-5 will appear soon. We are already working on this seriously. In addition, he also said that AI will achieve 99% code automation within this year, and will not be delayed until 2027.

Goldman Sachs has lowered its year-end target for the S&P 500 index from 6,500 points to 6,200 points by 2025, reflecting the institution's adjustment of its fair forward price-to-earnings (P/E) ratio from 21.5 times to 20.6 times, a decrease of 4%. At the same time, the expected earnings per share (EPS) of index component stocks have been lowered, with the 2024 EPS expectation dropping from $268 to $262, and the 2025 expectation dropping from $288 to $280. 

 The Data Nerd has monitored that Amber Group deposited 2.2 million VIRTUAL coins with a value of approximately 5.19 million US dollars to Gate 9 hours ago. On the other hand, 2 whales accumulated a total of 1.17 million VIRTUAL coins (approximately 3.03 million US dollars) from Gate 2 hours ago.

when asked about regulatory issues, Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the cryptocurrency industry needs clear and reasonable regulatory boundaries.

On March 17th, OKX CEO Star stated that "OKX DEX is being upgraded, and aggregator trading services are temporarily suspended." OKX Web3 has implemented multiple control measures to combat abuse, including IP blocking and real-time blacklisting of addresses in restricted markets. In the future, OKX will continue to work with global partners to establish industry control standards. Star emphasized that OKX DEX aggregator does not touch or store user private keys, nor does it custody user funds. All user transactions require the use of personal private keys for signing and execution. OKX Web3 itself does not have the ability to execute any transactions or trades, playing a role in the blockchain industry similar to Chrome and Google in the internet industry, focusing on providing software and services. Many well-known companies also provide similar aggregator services, but OKX Web3 has greater influence in the industry due to community support.

despite the rebound in Bitcoin prices, Presto Research analyst Min Jung believes that Tuesday's increase only represents a slight correction after the recent sharp decline in the market. "We see the market recovering, but it is more like a slight rebound after yesterday's crash, with no dominant news driving this trend," Jung said. "In addition, the stock market closed slightly lower that day, rather than another major sell-off." Investors are now focusing on the release of the U.S. Consumer Price Index on Wednesday, which is a key indicator of inflation. "Today's CPI release will be a major event, as the entire market is watching the inflation trend and how the Fed will respond," Jung said. LVRG Research director Nick Ruck pointed out, "While Bitcoin and other cryptocurrencies have eased somewhat, this rebound is just correcting the overly cautious risk aversion sentiment." The price increase was partly driven by the news that Trump canceled the 50% tariff plan on Canadian steel and aluminum that was originally scheduled to take effect on Wednesday. Earlier on Tuesday, Ukraine agreed to Trump's proposed 30-day ceasefire, and the U.S. leader is now seeking dialogue with Russian President Putin to end the conflict between the two countries. Kronos Research Chief Investment Officer Vincent Liu reminded that although tariffs have not been universally implemented to disrupt market momentum, volatility and macroeconomic risks still need to be treated with caution.

Charles Hoskinson, the founder of Cardano, revealed that Cardano is discussing the possibility of integrating Ripple's new stablecoin, RLUSD. The aim is to strengthen Cardano's DeFi ecosystem and provide wider opportunities for the use of RLUSD.

according to TechCrunch, OpenAI announced an update to the "Advanced Voice Mode" of the ChatGPT voice function, improving the personal performance of the voice assistant and reducing interruptions when users are thinking or pausing. Free users can now naturally pause conversations without being interrupted, while paid users will receive a more expressive, direct, and creative voice interaction experience.

according to Lookonchain monitoring, a certain whale continues to short the ETH/BTC trading pair. The whale withdrew 3,644 cbBTC (worth $304 million) from Coinbase and deposited 3,034 cbBTC (worth $253 million) into Aave. Then borrowed 79,638 ETH (worth $152 million) from Aave and deposited it into Coinbase.

the US Bureau of Labor Statistics will release the Consumer Price Index (CPI) report for February at 20:30 tonight (Beijing time). The market expects inflation to ease slightly but still remain above the Federal Reserve's target.

Gryphon, a bitcoin mining company listed on NASDAQ, announced that its stock price rose by 20% on Friday after acquiring an 850-acre industrial site powered by natural gas from Canadian oil and gas company Captus Generation for $18.7 million.

On March 25th, according to Onchain Lens monitoring, a whale used a total of $1 million USDC and 12,665 SOL (about $1.78 million) yesterday, totaling nearly $2.8 million in funds, to purchase 4.91 million FARTCOIN.

On March 17th, according to 4E monitoring, under the continuous impact of Trump's tariff policy, the three major indexes of the US stock market collectively fell last week after experiencing significant volatility. The Dow fell by about 3.1%, marking its worst weekly performance since March 2023. The S&P 500 fell by 2.27% and the Nasdaq fell by 2.43%, both marking the fourth consecutive week of decline. Large-cap tech stocks, except for Nvidia rebounding by nearly 8%, all closed lower for the week.