es

A macro model combining the U.S. 10-year Treasury yield and the Chinese 10-year Treasury yield (US10Y × CN10Y) has recently shown an "extremely accurate" bullish crossover signal, which may provide guidance for the next round of Bitcoin's rise. Historical data indicates that this indicator has issued similar signals before bull markets in 2013, 2017, 2020-2021, and 2023, corresponding to Bitcoin price increases of approximately 8700%, 1900%, 600%, and over 350%, respectively.In addition, on-chain data also shows that whale addresses (wallets holding 1000-10000 BTC) have re-entered an accumulation phase during the recent price pullback, similar to behaviors observed near previous market bottoms. Analysis suggests that if Bitcoin stabilizes and rebounds near the 200-week moving average, the price may test $100,000 around August. However, if it fails to break through the key resistance level of $78,000, there remains a risk of forming a "bull trap."

According to Coinglass data, the total open interest of BTC contracts across the network has increased by 5.3% in the past 24 hours, with the current total open interest at $49.302 billion. Among them, Binance has an open interest of $8.712 billion, OKX has $3.032 billion, Bybit has $4.127 billion, and Gate has $4.943 billion.

Driven by geopolitical risks and shipping disruptions, the commodities sector has shown a strong upward trend, with natural gas prices recently on the rise. The Gate contract commodity section has launched NG (natural gas) for the first time, reaching a peak of $3.312 within 24 hours, currently reported at $3.245.In addition, the attention and participation in crude oil funding remain high. According to data from the Gate platform, XTI (WTI crude oil) reached a peak of $110.53 within 24 hours, currently reported at $109.36; XBR (Brent crude oil) peaked at $113.84 within 24 hours, currently reported at $109.86, with significant market volatility. According to CoinGlass data, the trading volume for Gate XTI (WTI crude oil) contracts reached $18.03 million within 24 hours, while XBR (Brent crude oil) contracts reached $12.09 million, both ranking first in the industry.Currently, the Gate contract section has fully covered traditional financial assets including stocks (a total of 57), metals (a total of 12), indices (a total of 15), forex (a total of 3), and commodities (a total of 3). The trading targets include mainstream varieties such as gold, silver, crude oil, natural gas, euro, pound, Dow Jones Industrial Index, and Hang Seng Index, supporting 7×24 hours continuous trading, with a maximum leverage of 100 times, continuously creating an efficient multi-asset one-stop trading platform for global users.

According to monitoring by Hyperinsight, the pre-market silver price in the U.S. stock market continues to decline. The SILVER (silver mapped contract) on Hyperliquid has fallen below the $82 mark, currently reported at $81.9, with a 24-hour decline of 5.6%.As a result, the "largest silver short" whale (0x007) on the platform has seen its 20x leveraged SILVER short position's unrealized profit further expand to $1.98 million, with a return rate of 46.5%. Currently, its position size is approximately $12.15 million, with an average entry price of $95.1, and a liquidation price set at $108.

According to Arkham data, at 15:57, 50015.16 SOL (worth approximately 4.43 million USD) was transferred from one anonymous address (starting with Ke2JC...) to another anonymous address (starting with 4vvMe...).

On-chain analysis models show that the current selling pressure on the Bitcoin network has dropped to a cyclical low, indicating that the market is in a clear accumulation phase. The Sell-side Risk Ratio last triggered a "distribution signal" in December 2024, when the Bitcoin price was around $107,000, and this signal has not appeared since. Data shows that the current level of selling pressure has fallen to about one-sixth of the cyclical average, with related indicators even reflecting levels seen during the 2022-2023 bear market (when BTC prices were around $16,000 to $20,000).The model divides this cycle into two phases: the "strong distribution phase" from November to December 2024, with prices in the range of $64,000 to $107,000; and the current "accumulation phase" that has re-entered. The Sell-side Risk Ratio is used to measure the profit-taking activity of market participants relative to the overall network cost basis. When the indicator exceeds the adaptive upper threshold, it triggers a distribution signal, indicating that sellers dominate the market; when the indicator falls below the lower threshold, it triggers an accumulation signal, meaning selling pressure is extremely low. Data shows that the distribution signal in this cycle lasted a total of 37 days, covering the major range of BTC rising from $64,000 to $107,000.Since the signal closed on December 17, 2024, the market has not seen another distribution signal for about 449 consecutive days. Meanwhile, the 180-day rolling average of the Sell-side Risk Ratio has decreased from 3210 to 1913 over the past 60 days, a drop of 1297 points, and continues to decline at a rate of about 20 points per day. Historically, the range of 1500 to 2000 typically corresponds to selling pressure levels during 2019 (BTC around $3,000 to $6,000) and the mid-point of the 2022-2023 bear market (BTC around $16,000 to $20,000), but the current BTC price remains in the range of about $67,000 to $72,000, showing a clear structural divergence.Analysis indicates that this means early low-price holders have completed large-scale profit-taking in the $64,000 to $107,000 range, while those who did not sell in that range are currently choosing to hold. The model suggests that a new distribution signal may only be triggered when the Bitcoin price stabilizes above $100,000 to $110,000, accompanied by large-scale profit-taking. Overall, on-chain indicators show that the distribution phase of this cycle has ended, and the market has re-entered an accumulation state. The current overall judgment of the model on the market is "neutral to accumulation," but without new price catalysts, the market may face a prolonged period of consolidation.

The spokesperson of the Chinese Ministry of Foreign Affairs, Hua Chunying, hosted a regular press conference. The new round of China-U.S. economic and trade consultations will be held this weekend in Paris. A reporter asked what topics will be discussed and what expectations does the Chinese side have for this consultation?In response, Hua Chunying stated: "The Chinese side has already released information about the sixth round of China-U.S. economic and trade consultations, which you can refer to. For specific issues, it is recommended to inquire with the relevant Chinese authorities."

Currently, global market sentiment has明显 weakened, with the Iran war and soaring oil prices putting pressure on Asian and European stock markets. The S&P 500 index and the Nasdaq index have also retreated, while the dollar index has strengthened.Meanwhile, Bitcoin's price has recently stabilized around $70,000. Bitcoin had previously maintained a wide fluctuation range above $100,000 for an extended period, before quickly falling into bear market territory. A similar technical structure has recently appeared in the SPDR Financial Select Sector ETF (XLF), the Indian Nifty index, and S&P 500 futures.Historically, Bitcoin has often led traditional markets to their peaks. For example, in November 2021, Bitcoin peaked around $60,000 and quickly fell, while the S&P 500 and Nasdaq indices did not reach their peaks until January 2022, subsequently entering a prolonged downtrend.Analysts believe that stock market traders may need to pay closer attention to Bitcoin's movements to gauge changes in overall risk asset sentiment.

CryptoQuant analyst Axel Adler Jr stated, "The last time the seller risk ratio showed active selling pressure signals was in December 2024 (around $107,000), after which the signal has remained off. Currently, the model shows accumulation signals, while the selling pressure on the network has decreased to about 6 times lower than the average level of this cycle. The indicator continues to decline and has replicated the levels seen during the 2022-2023 bear market, when Bitcoin prices were around $16,000-$20,000.The current cycle has gone through a distribution phase and has re-entered the accumulation phase, which is still ongoing. The 180-day rolling average has dropped to 1,913, a level that historically corresponds to bear market phases, but at that time, the corresponding price was only $16,000-$20,000, while the current price is in the $67,000-$72,000 range. The current market state is neutral with a slight accumulation bias. The main risk is: if there is a lack of price catalysts, the market may enter a prolonged consolidation, in which case the rolling average SRR indicator will continue to decline."

According to Arkham data, at 15:08, 594.13 BTC (worth approximately 42.42 million USD) was transferred from one anonymous address (starting with bc1qkpas...) to another anonymous address (starting with bc1qf7tz...). Subsequently, that address transferred a portion of the BTC (3 BTC) to Nobitex.ir.

Binance will launch the Midnight (NIGHT) spot event on March 13, 2026, at 17:00, where eligible users will have the chance to share a prize pool of 90,000,000 NIGHT token vouchers.The event period is from March 13, 2026, at 17:00 to April 3, 2026, at 17:00. Users must accumulate at least $500 in trading on the eligible trading pairs NIGHT/USDT or NIGHT/USDC to qualify for rewards, and the first 150,000 users can participate.

According to the official announcement, Binance Wallet has stated that users with 226 or more Binance Alpha points can participate in the Unitas Labs (UP) TGE event through the Alpha event page. Participating in this event will deduct 15 points.

The Bitcoin Policy Institute (BPI) announced that it will submit public comments on the Federal Reserve's upcoming proposal for the Basel framework implementation, advocating for changes to the risk weight treatment of BTC within the banking regulatory system.BPI Executive Director Conner Brown stated that BTC is classified as a high-risk asset under the Basel framework, subject to a 1,250% risk weight, higher than almost all other asset classes, and is characterized as "the most stringent classification." In contrast, the risk weights for cash, physical gold, and government bonds are all 0%. The 1,250% capital requirement means that banks must hold BTC with a 1:1 ratio of compliant collateral, significantly increasing the cost for banks to hold this asset and limiting their ability to provide financial services to BTC-related businesses.

Project 0 founder MacBrennan stated that between 9:45 and 10:19 PM last night, a GitHub key of a team member was compromised. The attacker exploited this vulnerability to redirect users accessing the P0 website to another site.MacBrennan indicated that the team quickly discovered the breach and stopped the redirection within 40 minutes. This redirection did not affect any P0 funds or holdings. It has been confirmed that one user, out of curiosity, tried the new site and lost $1,000, and will receive a full refund.

According to Arkham data, at 13:37, 812.6 BTC (worth approximately 58.14 million USD) was transferred from one anonymous address (starting with bc1qn0d...) to another anonymous address (starting with bc1qq3h...). Subsequently, that address transferred a portion of the BTC (0.00080503 BTC) to Binance.

Etherscan posted on social media that there were approximately 17 million poisoning attempts on Ethereum from 2022 to 2024, affecting 1.3 million users, with confirmed losses of at least $79.3 million. After the Fusaka upgrade (December 3, 2025), transaction costs will decrease significantly, and dust transfers will explode, increasing by 612%.Etherscan recommends that users take the following measures:Always manually verify the complete target address before transferring (most important)Add private name tags for frequently used addresses + use ENS domain namesEnable the Etherscan Address Highlight feature · Pay attention to pop-up reminders when copying addresses.

Recently, there have been reports that the first batch of stablecoin licenses in Hong Kong will be granted to HSBC, Standard Chartered, and the local virtual asset trading platform OSL. We have inquired through the channels of HSBC and Standard Chartered's subsidiaries in China for verification, but neither has provided a positive response. However, an insider from one of the foreign banks revealed: "We are still waiting for formal news from the regulators."

MetaComp, a licensed stablecoin cross-border payment and fund management service provider headquartered in Singapore, announced the completion of its Pre-A+ round financing, led by venture capital firms such as Alibaba and Spark Venture, with existing shareholders also participating in the co-investment. 100 Summit Partners acted as the exclusive financial advisor.The company completed two rounds of financing within three months, with a total amount reaching $35 million. The new funds will accelerate the expansion of its StableX network in high-growth regions such as Asia, the Middle East, Africa, and Latin America, and develop its artificial intelligence strategic initiative Agent-Skills-MCP (Model Context Protocol) architecture to support agent-based Web 2.5 payment and wealth management services.

According to Arkham data, at 13:29, 40 BTC (worth approximately $2.8552 million) was transferred from an anonymous address (starting with bc1q8q62j...) to Cumberland DRW. Subsequently, Cumberland DRW transferred 57.72 BTC to another anonymous address (starting with bc1qkgt0e...).

According to market news, crypto asset treasury company Eightco Holdings announced the completion of a $125 million financing to support its layout in the blockchain and artificial intelligence fields.This round of financing was led by Bitcoin treasury company Bitmine with a $75 million investment, while Ark Invest and Kraken's parent company Payward each invested $25 million. Bitmine Chairman Tom Lee will join the Eightco board, and Ark Invest's Chief Futurist Brett Winton will serve as a board advisor. Eightco also announced the completion of a $50 million strategic investment in OpenAI, as well as a $25 million investment in Beast Industries, owned by YouTuber MrBeast. Following this news, Eightco's stock price rose 12% on Thursday.