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According to Bloomberg, Morgan Stanley strategist Michael Wilson stated that as the three-month stock market correction enters its final stage, investors should be prepared to buy on dips.Historically, in similar situations, high-quality stocks typically outperform by 7.5% in the following year.

Ukrainian President Zelensky stated that Ukraine is ready to sign a ceasefire guarantee agreement.

According to monitoring by Sandeep Nailwal, the Polygon protocol destroyed 100 million POL two weeks ago, accounting for about 1% of the total token supply, with funds sourced from network-generated transaction fees. Currently, another 22 million POL are prepared to enter the next phase of destruction, accounting for about 0.2% of the total supply.Polygon has not fully disclosed the impact of OMS on POL, and relevant information will be announced soon. Last week, the annualized transaction volume processed by OMS exceeded 1 billion dollars for the second consecutive week.

Since the beginning of 2026, Bitcoin has experienced 10 "3 standard deviation" trading days, exceeding the 8 times seen throughout the bear market of 2018. Although Bitcoin's annualized volatility has decreased from 84% in 2018 to about 46%, extreme market conditions still occur frequently relative to recent price volatility levels. "3 standard deviation" is used to measure the extent to which prices deviate from the recent normal volatility range. Data shows that the average price fluctuation for Bitcoin during such extreme conditions this year is about 7%, lower than the approximately 10% seen in 2018.Since 2024, Bitcoin's volatility has been around 47%, similar to Nvidia, but during the same period, Bitcoin has had 26 "3 standard deviation" trading days, far exceeding Nvidia's 8 times, the S&P 500's 16 times, and gold's 12 times. Market participants point out that macro shocks and the leverage and concentrated positions in the derivatives market are important factors contributing to the continued occurrence of extreme volatility. When investors sell options in large quantities, betting on market calmness, sudden news can force related concentrated positions to close, further amplifying price fluctuations.Deribit CEO Luuk Strijers stated that traditional Value at Risk (VaR) models struggle to adequately measure tail risks during extreme market conditions, and investors should pay more attention to risk indicators such as Expected Shortfall. Meanwhile, increased institutional participation, deeper liquidity, and improved risk management are also enhancing the market's ability to withstand shocks, but this does not mean that extreme volatility will disappear.

Blockworks analyst Jake Koch-Gallup published a rebuttal to the viewpoint that Ethereum is losing its liquidity moat, arguing that despite the challenges to ETH's value capture ability and stablecoin market share, its reserve asset characteristics, Layer 2 ecosystem, and institutional adoption still constitute a long-term competitive advantage.In response to the issue of low on-chain revenue for Ethereum, Jake pointed out that ETH's valuation depends not only on actual economic value (REV) but also includes reserve asset and collateral premiums, with ETH's market capitalization currently about 1,100 times the REV of the past 12 months. Additionally, the development of Layer 2 networks such as Robinhood Chain and Base can still strengthen the Ethereum ecosystem, rather than indicating that funds and applications are completely leaving Ethereum. Jake also noted that Ethereum currently accounts for about 65% of the total value locked (TVL) in DeFi, with approximately 45% of the on-chain managed scale in real-world assets (RWA), while spot ETFs and corporate treasuries collectively hold about 13% of the total ETH supply, and about 36% of the ETH supply is currently staked.Although Ethereum's stablecoin market share has gradually faced dilution pressure from around 51%, Jake believes that as the overall stablecoin market expands, its absolute scale may continue to grow. However, Jake also acknowledged that relying solely on ETH's reserve asset premium, without sufficient revenue and value return mechanisms, raises questions about its valuation sustainability.

The core development team of Solana, Anza developer Jacob Creech, stated that unlike some blockchains, Solana users do not need to urgently transfer assets due to AI-accelerated password cracking or quantum computing threats. He explained that Solana uses the Ed25519 signature algorithm, where the signing key is derived from a secret seed through hashing. Even if elliptic curve cryptography is cracked in the future, attackers cannot directly recover the original seed from it.Creech mentioned that theoretically, Solana could introduce a hash-based seed ownership proof through a network upgrade, allowing original holders to verify their identity and migrate to a more secure signing scheme. Anza has developed a related proof-of-concept prototype. He also emphasized that Solana is currently still secure and has a technical roadmap to address future cryptographic threats.

Chairman of BitMine, Tom Lee, stated during his speech at the TOKEN2049 summit in Singapore that the cryptocurrency market has entered a "full bull market." If a starting point for this bull market were to be determined, he believes it would be in August of this year. Tom Lee mentioned that, from a four-year cycle perspective, the market bottom has already appeared, and this cycle could become "the largest cryptocurrency bull market in history."Tom Lee indicated that there are four new driving forces behind this bull market compared to previous cycles, including institution-driven asset tokenization, intergenerational wealth transfer over the next decade, the continuous absorption of cryptocurrency supply by Digital Asset Treasury companies (DAT), and the development of AI and Crypto integration scenarios such as AI Agent payments. He believes that the migration of traditional financial assets to the blockchain will become an important source of incremental funds, and that AI Agents are more likely to use cryptocurrency wallets for payments and settlements in the future.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), Star stated that AI is no longer a pilot project for OKX, but a core infrastructure. Currently, about 95% of OKX's engineering code merge requests are primarily completed through AI workflows, with engineers still responsible for review and approval.He revealed that OKX paid up to 10 million dollars to large model companies for AI last month.

The privacy coin project Zcash officially stated that Zcash now has two independent full node implementations, both executing the same rules, namely Zebra and Zakura.Zcash also raised the question: Does the second client truly change the decentralization of the network, or is computing power still the only key factor? Zebra is the Rust full node implementation supported by the Zcash Foundation, while Zakura is another independent full node client.

Solana co-founder Anatoly Yakovenko stated that the industry is "not ready" for the next major upgrade of the chain, Alpenglow.Previously, Anza engineers had migrated the Solana developer network to the Alpenglow consensus protocol, which will change the way blocks are processed, aiming to reduce the transaction finality time from about 12.8 seconds to 100 to 150 milliseconds.

Bybit co-founder and CEO Ben Zhou stated that the Bybit team is ready to assist in various ways regarding the recent hacking incident involving Bitget. Previously, when Bybit faced a hacking attack, Bitget provided support.Ben Zhou mentioned that Bybit is currently updating the LazarusBounty platform to assist Bitget in tracking the relevant flow of funds.On February 21, 2025, Bybit experienced the largest hacking attack in cryptocurrency history at that time (approximately $1.46 billion to $1.5 billion worth of Ethereum was stolen, later attributed to the North Korean Lazarus group). After the attack, Bitget quickly transferred 40,000 ETH (approximately $10.5 million to $10.6 million at that time) to Bybit, with the funds coming from Bitget's own reserves, not user assets. This support was an interest-free, unsecured loan with no fixed repayment deadline, aimed at helping Bybit cope with withdrawal runs and replenish liquidity.

Elon Musk stated that the SpaceX Crew Dragon 41 spacecraft has been moved to the launch pad at the interstellar base, ready for launch on Monday.

Michael Selig, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that regulators need to prepare for "mass tokenization" and adjust existing markets for new technologies such as blockchain and artificial intelligence. Selig mentioned at the U.S. Treasury Market Conference held by the New York Federal Reserve on Tuesday that developments like tokenization, on-chain finance, and 24/7 trading could lead to changes in the financial markets over the next decade that surpass the sum of the past several decades.Selig noted that the entire Trump administration laid the groundwork for the U.S. market to maintain its global leadership by embracing innovation, encouraging competition, and implementing reasonable regulations. The CFTC will also seek more ways to encourage market participants, exchanges, and clearinghouses to responsibly adopt stablecoins. Over the past year, the agency has issued guidance and sought public input on 24/7 trading in the energy derivatives market; in February of this year, the CFTC included stablecoins issued by National Trust Bank in the list of eligible collateral.Meanwhile, the CFTC's sister agency, the U.S. Securities and Exchange Commission (SEC), released the highly anticipated "innovation exemption" last week, creating space for on-chain trading of tokenized stocks. After a bill regulating the cryptocurrency industry stalled in the Senate, the two agencies are advancing their respective agendas.

Recently, discussions surrounding the shutdown of projects invested by a16z have intensified. According to RootData's investment and financing data, after deduplication by project, five institutions—Coinbase Ventures, YZi Labs, Pantera Capital, a16z, and Paradigm—cover a total of 993 independent invested projects, of which 216 are marked as shut down, accounting for a cumulative ratio of 21.75%.Looking at the institutions individually, Pantera has a shutdown rate of 24.76% (51/206), Coinbase Ventures at 22.69% (98/432), a16z at 20.09% (43/214), Paradigm at 19.49% (23/118), and YZi Labs at 13.56% (32/236).Although a16z is at the center of public opinion, it is not the institution with the highest shutdown rate in the sample. Among its 148 lead investment projects, 29 are marked as shut down, accounting for 19.59%, including Linera, which recently announced its closure, and Universal, which has announced its entry into the shutdown process, indicating that even leading institutions cannot eliminate operational risks for projects.

A senior Iranian official stated that Qatar and Pakistan, as mediators, have informed Iran that the United States is ready to negotiate and reach an agreement, and that it is serious about advancing this process.The official pointed out that for Iran, as long as the United States returns to the Islamabad memorandum of understanding and fulfills its terms, Iran is also prepared to resume implementation of the memorandum within a few days. However, Iran demands practical and credible guarantees to ensure it will not be attacked again. Once the United States implements the substantive content of the memorandum, including stopping hostile actions, lifting the blockade, and allowing Iran to export oil, Iran will immediately initiate negotiations on nuclear issues and the lifting of sanctions.Iran has reached a consensus with Oman regarding the issue of the Strait of Hormuz; however, as long as the blockade continues and no agreement has been reached with the United States, "Iran will not reopen the strait."

Jurrien Timmer, Global Macro Director at Fidelity Investments, stated that Bitcoin has started to rise after consolidating around the support level of approximately $60,000 for nearly a year, a duration comparable to a typical Bitcoin winter, leading him to conclude that a new four-year cycle bull market may have begun.Timmer mentioned that the Z-score of BTC/gold has changed from -100% to a positive value, a signal that historically confirms a bottom. He also pointed out that we are currently in a long-term new pattern with higher capital costs, and the government may respond with financial repression.

Robinhood Crypto Vice President Johann Kerbrat posted on the X platform, stating that the SEC's innovation exemption is a signal that tokenization is ready to enter the United States. This is an important step taken by the agency, which will allow the onshore development of the liquidity tokenized securities market.Johann Kerbrat mentioned that wise regulation will accelerate innovation and looks forward to the content that will be built next.

Bitcoin Magazine released a discussion video featuring Peter Schiff, Grace Remington, and Sean Hagan. Schiff stated in the program that the bond market did not just collapse recently, but had already collapsed in 2020, and the subsequent trend is merely a slow unwinding process. He connected topics such as the rise in U.S. Treasury yields, expectations for Federal Reserve interest rate decisions, the decline in the purchasing power of the dollar, and central banks around the world buying gold, believing that the Federal Reserve has already lost the war against inflation.Schiff also warned that if rising interest rates trigger a stock market sell-off, it would be deeply bearish for Bitcoin and the broader cryptocurrency market, while Washington's political capital has shifted to opposing crypto assets. He mentioned that the dollar crisis may be in its early stages and questioned the credibility of the symbolic interest rate hikes that the Federal Reserve might undertake. He also discussed how long the bear market in U.S. Treasuries might last, as well as the combination of fiscal spending cuts and higher interest rates that he believes is truly needed to lower inflation.At the end of the program, Schiff and the host debated whether Bitcoin has actual asset backing, comparing the differences between tokenized gold and Bitcoin in terms of counterparty risk and monetary endorsement. Schiff believes that gold has risen to $5,500 while Bitcoin has retraced 23% from its historical high, suggesting that Bitcoin priced in gold may have peaked in 2021.