On March 26th, Synthetix and Infinex founder Kain Warwick posted on social media, stating that "in the ICO era, projects could hardly complete financing without reaching agreements with multiple 'market makers', with monthly costs ranging from $50,000 to $300,000. Nowadays, these market-making agreements have evolved into option structures, with some market makers manipulating the market through low float mode, shorting at the peak of TGE, buying back at the bottom, exercising options after pulling up the price again, and dumping. SBF's low float mode further fuels this arbitrage strategy. Lately, a new trend is for projects to sell tokens to liquidity funds at a discounted price before TGE, and instruct market makers to sell directly after pulling up the price in low float mode. DWF Labs has used similar tactics to operate Synthetix, first buying coins from the treasury to push up the price, then cashing out by dumping.

data shows that the borrowing costs of stablecoins such as USDT and USDC on the decentralized lending platform Aave have dropped to around 4%, indicating that risk aversion is spreading to the crypto field. Strahinja Savic, Director of Data and Analysis at FRNT Financial, explained: "Aave's loan interest rates are affected by the utilization rate of deposit assets, and as leverage demand and other borrowing trading strategies cool down, their rates naturally decrease."

British pound fell after the latest inflation data in the UK came in lower than expected. The UK inflation rate dropped from 3.0% in January to 2.8% in February, while the core inflation rate fell from 3.7% to 3.5%. However, Pepperstone strategist Michael Brown stated that these data seem unlikely to substantially change the policy outlook of the Bank of England, especially as the central bank has reiterated its intention to gradually lower interest rates in the future.

Chicago Fed President and FOMC voter Goolsbee warned that there are signs that investors in the U.S. bond market are starting to anticipate higher inflation, which would be a "major danger signal" that could disrupt rate setters' plans for rate cuts.

legislators in North Carolina have introduced two bills in the House and Senate that could allow the state treasurer to allocate up to 5% of various state retirement funds to cryptocurrencies such as Bitcoin.

BlackRock's spot Bitcoin ETF purchased approximately 480 BTC on March 25, worth $42 million.

Sui's ecological liquidity pledge agreement Haedal Protocol announced that it will conduct a TGE in April, with the token name being HAEDAL. In January 2025, Haedal completed its seed round financing, with participation from the Sui Foundation, among others.

according to DefiLlama data, the total market value of USDT has surpassed $144 billion, reaching $144.46 billion, setting a new all-time high.

according to Onchain Lens monitoring, a newly created wallet withdrew 1 million FORM from Binance, worth $2.36 million, as well as 1 million USDT.

Marion Laboure, Managing Director and Macro Strategist at Deutsche Bank, said that the Trump administration's Bitcoin reserve is a continuation of many measures in the broader digital asset industry by 2024, and more like a reclassification, nothing new, but there are still many unknowns about how it will operate, as there is no information on the allocation of cryptocurrencies in the reserve, little understanding of the asset portfolio, and not much knowledge of the timetable. Cryptocurrencies as an asset class still have high volatility, and many cryptocurrencies other than Bitcoin and Ethereum still pose certain risks.

according to the Financial Times: Fed's Gursky warned that due to economic uncertainty, the next rate cut may take longer than expected. He said he believes that borrowing costs will "significantly decrease" in the next 12 to 18 months. If investors' expectations begin to converge with those of American households, the Fed will need to take action.

 GMX reiterated on the X platform that it has thoroughly investigated the Abracadabra vulnerability and can confirm that the GMX smart contract remains secure and unaffected. In addition, MIM Spell has also released a security update stating that it is working with Chainalysis and zeroShadow to track the stolen funds, and will release a comprehensive event report in the next few days. MIM Spell also stated that the rest of Abracadabra's products have not been affected by this incident.

according to Farside monitoring, the net outflow of $3.3 million from the Ethereum spot ETF in the United States yesterday, with none of the 9 ETFs experiencing a net inflow.

according to @ai_9684xtpa monitoring, GPS repurchase address has proposed the first repurchase token from Binance, a total of 24.9 million tokens, worth $1.12 million.

according to official page information, the first batch of Binance voting for listing coins will end in 12 hours (planned end time is UTC time 16:59 on March 26), as of the time of writing, BANANAS31 ranks first with a vote rate of 20.4%, and SIREN ranks second with a vote rate of 16.6%. Broccoli (CZ's Dog), WHY, and mubarak are ranked 3rd to 5th.

CZ stated on its social platform that most people cannot see the obvious future. Many people also lack patience. Technological trends in 10 years are easier to see than future prices. As long as there is some understanding, belief, and patience, there are many opportunities to achieve long-term growth and wealth.

according to Spot On Chain monitoring, Curve Finance founder Michael Egorov seems to have once again sold CRV tokens. Data shows that 18 hours ago, Egorov transferred 1.997 million CRV tokens to wallet address "0x5a8", worth about $1.03 million.

ZKsync development account posted that as part of the v26 upgrade, ZKsync funds will be transferred from the old bridge to the new gateway contract.

On March 26th, financial technology company Revolut has launched a standalone cryptocurrency trading app platform Revolut X, aiming to compete with major exchanges and planning to expand its business from Europe to the US market.

Celo developers completed the Ethereum Layer 2 conversion after nearly two years of initial proposal. Originally an independent Layer 1 blockchain, it has completed its transition to the Ethereum Layer 2 network.