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JPMorgan has lowered its year-end target for the S&P 500 index from 7500 points to 7200 points, citing that the conflict in Iran has caused a surge in oil prices, which has intensified the risk of economic recession. The bank warned that the market may be underestimating the impact of rising energy costs on the economy.While investors are focused on inflation, JPMorgan believes that the greater threat is to consumer demand, which could weaken economic growth. Historically, oil prices rising by more than 30% often lead to a contraction in demand and are frequently a precursor to economic recessions. In the short term, the S&P 500 index may decline further, especially after breaking below the 200-day moving average—this is a bearish signal. If the sell-off continues, the index may find support around 6000-6200 points.Although JPMorgan still expects an economic recovery later this year supported by investments and stimulus measures, the extent of the recovery may be more limited due to ongoing geopolitical risks.

Crypto journalist Eleanor Terrett posted on the X platform that Patrick Witt, the Executive Director of the White House Cryptocurrency Council, attended a Senate Republican meeting on cryptocurrency market structure.After the meeting, Lummis told reporters that negotiations around yields and returns are making progress but are still in a "delicate state," with the focus shifting from the upcoming legislative text to "the parties that need to be engaged." Lummis stated that the meeting provided an unexpectedly forward path. Patrick Witt appeared frustrated after the meeting and did not comment on the content of the meeting. Tim Scott also declined to comment afterward, stating he would not be giving interviews to reporters in the hallway.

The European Central Bank has announced that it is recruiting experts to assist in the development of a rulebook for the digital euro in everyday payment scenarios, focusing on ATM and merchant card payment terminals. One working group will define how ATMs and point-of-sale terminals will process digital euro payments, including device connectivity, offline transaction support, and compatibility with existing payment standards; another working group will design the certification process for payment tools and infrastructure.European Central Bank President Christine Lagarde stated last December that the bank has completed the technical and preparatory work for digital currency and is currently awaiting approval from political institutions. The project is under review by the European Council and the European Parliament, and if approved, it is expected to launch as early as 2029. Meanwhile, 12 European banks, including BBVA, ING, and BNP Paribas, have formed the Qivalis project, planning to launch a euro-pegged stablecoin in the second half of 2026, aimed at providing a blockchain payment solution that does not rely on dollar-backed tokens.

The perpetual contract DEX edgeX announces that the EDGE airdrop terms page is now live. According to its webpage, the token EDGE airdrop claim period is from March 19, 18:00 to April 1, 7:59 UTC+8.

According to Jinshi, the proposal announced by the Federal Reserve on Thursday will relax capital requirements for large financial institutions on Wall Street, a move that could free up billions of dollars for lending, stock buybacks, and dividend payments. Federal Reserve Vice Chair Michelle Bowman stated that these changes will strengthen the overall capital structure and maintain stability. The proposal will undergo a 90-day public consultation period and is expected to "moderately lower" capital requirements for large banks.

Binance has issued a security alert, as there have been multiple asset security incidents in the community recently due to device environment issues, reminding users to pay attention to the security of their private keys/seed phrases.The Binance wallet's keyless mode is based on MPC-related technology, which stores key shards in different independent environments, further enhancing the security of asset management and effectively reducing the risk of key leakage and attacks.

According to Globenewswire, Nasdaq-listed TON treasury company AlphaTON Capital announced that it has reached a final agreement to acquire a 60% stake in the gaming platform GAMEE for a transaction price of up to $11 million, which includes an additional payment linked to performance over a two-year period.GAMEE is a wholly-owned subsidiary of Animoca Brands, and its valuation in this transaction reaches $18 million. According to the terms of the acquisition agreement, AlphaTON Capital will take over the daily operational management of GAMEE and formally establish a strategic alliance with Animoca Brands, while prohibiting Animoca Brands from acquiring a controlling stake in AlphaTON Capital for two years.

Gate announces the completion of a comprehensive upgrade to Skills Hub, expanding the number of AI skills from 11 to over 10,000, creating the most comprehensive AI trading strategy market in the industry. The platform aggregates resources from multiple sources, including GitHub, and optimizes the supply structure through deduplication and quality screening mechanisms, covering core scenarios such as market analysis, arbitrage strategies, trade execution, and risk management.In terms of user experience, Skills Hub introduces an 8-category system and a tagged filtering mechanism, combined with multi-dimensional search and intelligent sorting capabilities, to help users quickly locate target strategies. At the same time, the platform offers a dual-mode installation path: ordinary users can generate commands with one click, allowing AI to automatically load and execute, while developers can deploy and conduct secondary development through standard methods.Additionally, Skills Hub supports the use of various capability combinations, covering the complete process from market analysis to trade execution, enhancing the practical application of AI in trading. As a core module of Gate for AI, this upgrade further improves its capability layer construction, promoting the development of AI trading from single-point functions to systematic applications.

According to The Block, Animoca Brands announced an investment in the Avalanche blockchain native token AVAX and reached a strategic cooperation with Avalanche developer Ava Labs to jointly promote the development of the Avalanche ecosystem.A spokesperson for Animoca Brands declined to disclose the scale of the investment and other terms. In terms of cooperation, both parties will focus on deploying capital to Avalanche ecosystem projects, exploring product integration, and providing advisory support, with key areas including real-world asset (RWA) tokenization, entertainment, and digital identity. In terms of regional layout, the initial focus will be on Asia and the Middle East, with Animoca Brands stating that it has established regional infrastructure and institutional relationships in these two areas for commercial deployment of Avalanche ecosystem projects.

The DeFi project AiFi has announced the early minting of 3,000 community phase NFT lucky cards, which will officially launch on the PancakeSwap V2 liquidity pool at 19:18 Beijing time on March 20, 2026.According to the mechanism set by the official, AiFi adopts a dual-mode structure of "NFT equal rights LP dividends and NFT-backed redemption." Currently, the initial liquidity of its lucky card NFTs has been sent to a black hole address (0x00DEAD) for destruction and locking to reduce human intervention. After the project officially launches, users can participate in dividends by adding USDT liquidity through PancakeSwap, and NFTs and LPs will be included in the same pool for equal distribution.It is reported that AiFi is positioned as a new generation DeFi ecological engine, aiming to achieve a positive cycle of value accumulation, market liquidity, and long-term dividends through community consensus and on-chain rules, combined with NFT rights and LP liquidity systems.

According to Artemis data, the supply of stablecoins on the Solana network has surpassed $17 billion, setting a new historical high.

Members of the UK's Treasury Select Committee and the All-Party Parliamentary Group on Crypto and Digital Assets (APPG) are calling for an immediate ban on donations to political parties in the form of cryptocurrency.The proposal stems from recent controversies regarding "dark money" flowing into the political system, with lawmakers believing that the anonymity of crypto assets could be used to evade existing political funding transparency requirements. The report points out that blockchain addresses are difficult to trace back to actual beneficiaries or could be used to obscure the source of funds, posing risks of foreign interference and money laundering. Some investigations have also found that certain crypto donations in the winter of 2025 can be traced back to overseas IP addresses. According to the proposal, political parties must liquidate existing crypto assets and refuse future related donations to ensure political funding returns to the traditional financial system. In response, crypto industry organizations believe that a blanket ban may be an overreaction and suggest enhancing transparency through measures such as strengthening KYC.

According to monitoring by The Data Nerd, Abraxas Capital has continued to increase its gold short position through DCA in the past 20 minutes.Currently, its gold short position has become the largest holding, with a scale of approximately 18.8 million dollars.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 24, down 3 points from yesterday. The average over the past 7 days is 20, and the average over the past 30 days is 13.

The UK government has announced the abandonment of a previous proposal that allowed AI companies to use copyrighted content for model training by default under an "opt-out" premise. This proposal had sparked widespread opposition, including from Elton John, Dua Lipa, and the House of Lords.UK Secretary of State for Technology Liz Kendall stated that the government has listened to various opinions and will no longer pursue the proposal. A report released at the same time pointed out that there is still no consensus on how to balance the rights of creators with the development of the AI industry. Tom Kiehl, CEO of UK Music, called this a "major victory."However, the UK government has not yet proposed an alternative plan and stated that it will not adjust current copyright laws until it can confirm that reforms can achieve economic and social goals. The technology industry groups are concerned that the long-term lack of clear rules could weaken the UK's position in global competition.