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According to Jinshi reports, Federal Reserve Governor Barr stated that given inflation is above target levels, interest rates may need to remain unchanged for a period of time.

Coinbase Institutional published an analysis on platform X, pointing out that amidst recent geopolitical turmoil disrupting traditional financial markets, sentiment in the crypto market may be shifting, especially with Bitcoin showing relatively strong performance.Since the beginning of this year, Bitcoin's performance has outpaced the U.S. stock market, and market views suggest that the crypto market may be gradually emerging from a "period of extreme pessimism." The latest macro data indicates that U.S. non-farm employment growth is cooling, challenging the previous narrative that "the labor market remains resilient." Meanwhile, Bitcoin's value proposition as a relatively independent asset may be further enhanced in the eyes of institutional investors. Additionally, the rise in systematic leverage ratios reflects an improvement in participation in the crypto market. However, the market remains cautiously optimistic, with investors still waiting for further confirmation of the trend and continuously monitoring whether market participation can support a sustained upward trend.

According to market news, Federal Reserve Vice Chair for Supervision Michelle Bowman stated that U.S. regulators will propose rules for implementing the final phase of the Basel III framework in the coming weeks, expected to be released during the week of March 17 to 21, followed by a 90-day public comment period.The proposal is being coordinated by the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation. According to the global crypto framework finalized by the Basel Committee in 2022, Bitcoin is classified as a Group 2b asset, which regulators consider difficult to hedge and inherently volatile, facing a risk weight of 1250%. This means that a bank holding $100 million in Bitcoin exposure will be viewed as having $1.25 billion in risk-weighted assets, requiring approximately $100 million in capital.Compared to the zero risk weight for cash, gold, and U.S. Treasury securities, as well as the 20%-100% range for corporate loans, the capital treatment of Bitcoin is extremely harsh. Crypto industry institutions criticize the framework for misclassifying Bitcoin, hindering banks from providing related services.

Ethena announced that the unbonding cooldown period for sUSDe will change to a dynamic mechanism, linked to the amount of liquid stablecoins in the USDe reserves. This means that the current unbonding period for sUSDe, which has been a fixed 7 days since the project launched, will be adjusted to just 1 day. In the future, the cooldown period will dynamically vary between 1 day and 7 days based on the composition of liquid assets in the USDe reserves.

Kristin Smith, president of the Solana Policy Institute, recently shared her views on the legislative progress of the Clarity Act. She stated that although the bill faces resistance due to the withdrawal of support from Coinbase CEO Brian Armstrong and controversies in the banking sector, its complexity determines the long-term nature of the legislative process. Current negotiations exhibit two new characteristics: first, senior officials from the White House are directly involved, with presidential aides like David Sacks pushing for dispute resolution; second, traditional financial institutions are participating in negotiations for the first time.If the Senate Banking Committee can complete its review of the bill by March or April, there is hope to advance the legislation before the July recess; otherwise, the next window will not open until the fall. Smith, who previously led the Blockchain Association and spearheaded the passage of the Genius Act, believes that despite facing opposition from figures like Elizabeth Warren, the support from key Democrats such as Chuck Schumer and the ongoing pressure from President Trump are changing the odds of the bill's passage. On Wednesday, after Trump urged the banking sector to make concessions in a post on Truth Social, expectations in the market for the passage of cryptocurrency legislation within the year have noticeably increased.

According to Jin Ten, Federal Reserve official Collins stated that the Federal Reserve's interest rate target is expected to remain stable "for some time."

According to Jinshi reports, Federal Reserve official Hamak stated that from a policy perspective, the Federal Reserve is in a good position and is expected to maintain interest rates unchanged for a considerable period of time.

WLFI has proposed a governance staking system aimed at encouraging more users to participate in governance. According to the proposal, in the future, using unlocked WLFI tokens to participate in governance voting will require staking, with a minimum lock-up period of 180 days.The system will introduce a tiered node structure: ordinary stakers can earn approximately 2% annual rewards; users who stake 10 million WLFI (about 1 million USD) can become nodes and enjoy 1:1 exchange rights for stablecoins such as USDT and USDC with USD1; users who stake 50 million WLFI (about 5 million USD) can become super nodes and gain direct cooperation opportunities with the WLFI team. The proposal requires a quorum of 1 billion WLFI voting tokens to be valid, with a voting period of 7 days. If approved, implementation will be carried out in three phases.

According to NVIDIA's Q4 financial report, the company's earnings per share for the quarter were $1.62, exceeding Wall Street analysts' expectations of $1.53 per share.The total revenue for the quarter was $68.13 billion, a 22% increase from the previous quarter and a 75% increase year-over-year, surpassing analysts' forecast of $66.2 billion in revenue.NVIDIA's revenue for the full fiscal year 2025 grew by 68%, reaching a record $193.7 billion. In the previous two years, NVIDIA's quarterly revenue performance has consistently exceeded Wall Street's expectations.CEO Jensen Huang stated in a statement, "Our customers are racing to invest in AI computing." This outlook helps alleviate market concerns about an AI investment bubble. Huang has repeatedly downplayed concerns about the sustainability of growth in AI hardware spending. Wednesday's report provided some evidence that short-term worries may have been exaggerated.

Despite the fact that the price of Cardano (ADA) has dropped 71% from $0.9 to $0.26 since October 2025, whale investors have still accumulated 819 million ADA over the past six months, worth approximately $213.9 million.

According to market news, Glassnode data shows that the hash ribbon indicator is close to signaling the end of a three-month miner capitulation period, which is one of the longest miner capitulation periods in history. When the 30-day moving average of hash rate rises above the 60-day moving average, it will trigger a recovery signal, indicating that miners are coming back online and network pressure is easing.Since the first reversal of this indicator last November, Bitcoin has fallen from around $90,000 to a low of $60,000 in early February, and is currently rebounding to around $65,000. The hash ribbon indicator is based on the comparison of the 30-day and 60-day moving averages of hash rate. Miner capitulation occurs when mining revenue falls below operational costs, leading inefficient miners to shut down and sell off their Bitcoin reserves, resulting in a decrease in hash rate and increased market selling pressure. Historically, such capitulations often coincide with local or major bottoms, including January 2015, December 2018, and December 2022. Currently, the trading price of Bitcoin is below the estimated average production cost of $66,000, which last occurred in November 2022, when Bitcoin bottomed around $15,500.

According to Jin Ten, Federal Reserve Governor Barr stated that the outlook suggests the Federal Reserve will maintain interest rates unchanged for some time.

According to CoinDesk, Steve Kurz, the Global Head of Asset Management and Co-Head of Digital Assets at Galaxy Digital, believes that the recent decline in cryptocurrencies is due to liquidity and leverage release rather than systemic failure. This indicates that the cryptocurrency cycle is more mature than in 2022, and most forced selling may have already been absorbed by the market.The development of stablecoins, tokenization, and the integration of blockchain with traditional finance is accelerating, making cryptocurrencies both a financial asset and a core part of the financial system. Steve Kurz expects that cryptocurrencies will not experience a V-shaped recovery but will go through a period of range-bound fluctuations. Subsequently, with the injection of institutional capital and the ongoing "great integration" of cryptocurrencies with traditional finance, cryptocurrency prices will gradually rise.

Former Multicoin co-founder Kyle Samani predicts that in the next 18 months, advancements in the microstructure of the Solana on-chain market will surpass any other period in cryptocurrency history. Notable expectations include:Alpenglow: A major upcoming consensus mechanism upgrade for Solana, representing one of the largest protocol-level changes in Solana's history.ACE (Application Controlled Execution): Application controlled execution is a key innovation in Solana's core roadmap.MCL (Multi-Concurrent Block Production): Future upgrades for Solana will allow multiple leaders to propose blocks simultaneously, significantly increasing throughput and reducing latency, while improving transaction inclusion times and censorship resistance.PropAMMs (Proprietary Automated Market Makers): Deployed privately by professional market makers/institutions, using real-time price oracles to update quotes and actively manage liquidity, typically not accepting permissionless deposits.Aggregators: Aggregators like Jupiter and Dflow aggregate liquidity from multiple DEXs, AMMs, PropAMMs, etc., to find the optimal execution path for users, providing the lowest slippage and best prices.Conditional liquidity: Prevents market makers from being front-run, allowing them to offer tighter spreads, ultimately resulting in better trade prices and deeper liquidity.Overall improvements to SVM and the scheduler: Including optimizations for compute units, asynchronous program execution (APE), scheduling algorithm upgrades, etc., making programs run faster, more resource-efficient, and supporting higher concurrency.

According to Coinbob's popular address monitoring, the 'Ultimate Short' address (0x5d2f...) has made multiple reductions to its BTC short position within about 1 hour, cumulatively reducing approximately 31.57 BTC short positions, with a total value of about 2.2456 million USD. After continuous operations during this period, the total value of its BTC short position has decreased from 7.0248 million USD to 4.8323 million USD.The current floating profit of this position is approximately 2.7868 million USD, and the liquidation price has been raised to 175,229.03 USD accordingly. This address is known for establishing BTC short positions around the 120,000 USD price level, consistently shorting various mainstream and altcoins, with its account's floating profit having reached a maximum of 64 million USD. It remains one of the largest BTC short addresses on Hyperliquid.

According to Coinbob's popular address monitoring, due to the short-term decline in spot silver prices, the address that was liquidated for $18.13 million in SILVER (silver mapping contract) is a whale on Hyperliquid's "Strategy Counterparty."Starting from 17:45, this address faced a total of 46 large liquidations, amounting to approximately $29.3 million, with the largest single liquidation reaching 187,319 units, equivalent to about $18.13 million. Currently, its SILVER (silver mapping contract) has been liquidated to complete bankruptcy, recording a loss of approximately $4 million.

Vitalik Buterin posted on the X platform that in the next five years, the Ethereum Foundation (EF) will enter a period of "moderate tightening" to achieve two main goals: first, to deliver a more aggressive technical roadmap that ensures Ethereum continues to be a high-performance, scalable "world computer" without sacrificing robustness, sustainability, and decentralization; second, to enhance the long-term sustainability of the Ethereum Foundation itself, safeguarding Ethereum's core mission, including the foundational blockchain layer and users' ability to use the network under the premises of security, privacy, and self-sovereignty.Vitalik pointed out that as part of the tightening plan, he will personally take on some work that might have been handled by the Foundation's "special projects," focusing on supporting an open, verifiable, end-to-end hardware and software technology stack to protect personal lives and public environments. This technological vision encompasses finance, communication, governance, blockchain, operating systems, secure hardware, and biotechnology (personal and public health), emphasizing privacy protection, decentralization, and a locally prioritized software architecture.To this end, Vitalik has extracted 16,384 ETH and plans to gradually invest in the aforementioned goals over the coming years while exploring safer decentralized staking solutions to use staking rewards long-term to support related missions. He emphasized that Ethereum itself is an indispensable part of the "full-stack openness and verifiability" vision.The Ethereum Foundation will continue to focus on core Ethereum development, but the priority is not "Ethereum everywhere," but rather "Ethereum for people who need it," serving self-sovereignty, security, and privacy, rather than catering to centralized corporate demands. Vitalik stated that in an increasingly "might makes right" world, this path offers a necessary alternative—building an uncontrollable collaborative infrastructure through truly open, verifiable, and user-serving technology.

Bloomberg ETF analyst Eric Balchunas posted on social media, "Seeing some panic among Bitcoin holders (and the schadenfreude from bears) seems quite shortsighted to me. Since 2022, Bitcoin is up 429%, gold is up 177%, silver is up 350%, and QQQ is up 140%. In other words, Bitcoin's performance in 2023 and 2024 has left other assets far behind (but many seem to have forgotten this). Even if other assets later have 'the best year ever,' and Bitcoin is in a slump, they still haven't caught up to Bitcoin's performance. In my view, what is really happening is that the narrative of 'institutionalization' has been priced in by the market too early and too quickly, and this pricing was completed before it actually materialized. Therefore, Bitcoin needs a period of consolidation for reality to catch up with the previous price increases."

The regulation of cryptocurrency assets in the United States is accelerating further. If the proposed Crypto Market Structure Bill is ultimately passed, it will clarify the regulatory authority of federal agencies over digital assets, making cryptocurrencies easier to manage, track, and trade, potentially attracting more investors and enhancing token value.It is reported that crypto platforms like Coinbase and Kraken plan to comply with a registration system, while stablecoin issuers such as Circle and Tether will need to meet bank-like regulatory requirements to ensure the safety of retail investors' assets. The subsequent process includes: obtaining approval from two Senate committees, passing a full Senate vote, returning to the House for final signing, and finally being signed by Trump. Overall, most crypto investors are unlikely to be affected in the short term, but in the long run, the bill is expected to provide a safer and more predictable trading environment, while making compliance operations of crypto platforms more transparent.