7*24

Hot topic

Market

Activities

March 17th news: Bitcoin has recorded eight consecutive trading days of gains since March 9th, the first time this has happened in nearly four years. According to Glassnode data, Bitcoin has experienced at least eight consecutive days of gains 15 times in history. In the subsequent 30 days, it continued to rise nine times and fell six times, with a median gain of approximately 19% within those 30 days.

[Bitcoin has seen an eight-day winning streak for the first time in four years, with subsequent performance showing a median gain of 19%.]March 17th news: Bitcoin has recorded eight consecutive trading days of gains since March 9th, the first time this has happened in nearly four years. According to Glassnode data, Bitcoin has experienced at least eight consecutive days of gains 15 times in history. In the subsequent 30 days, it continued to rise nine times and fell six times, with a median gain of approximately 19% within those 30 days.

Bitcoin has seen an eight-day winning streak for the first time in four years, with subsequent performance showing a median gain of 19%.

On March 17, according to monitoring by Lookonchain, Abraxas Capital opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid, involving 146,601 contracts with a nominal value of approximately 13.98 million USD within nearly 13 hours. Its associated wallet address 0x5b5d has accumulated historical profits of 165.94 million USD on Hyperliquid.

[Abraxas Capital has opened a 10x short position in crude oil on Hyperliquid, with a nominal value of approximately 13.98 million dollars.]On March 17, according to monitoring by Lookonchain, Abraxas Capital opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid, involving 146,601 contracts with a nominal value of approximately 13.98 million USD within nearly 13 hours. Its associated wallet address 0x5b5d has accumulated historical profits of 165.94 million USD on Hyperliquid.

Abraxas Capital has opened a 10x short position in crude oil on Hyperliquid, with a nominal value of approximately 13.98 million dollars.

On March 17, Bitcoin analyst Willy Woo tweeted that the short-term capital inflow into Bitcoin is strong, which could drive the price to test the short-term holder cost basis of $85,000. However, he noted that a rally dominated by the futures market is prone to trigger liquidation shocks. Willy Woo warned that this rebound is a bull market trap, as the bottom structure of the bear market has not yet formed. According to liquidity indicators, Bitcoin is currently only at the 1/3 stage of the bear market process.

[Willy Woo: The current rebound is a bull market trap, and the bottom structure of the bear market has not yet fully formed.]On March 17, Bitcoin analyst Willy Woo tweeted that the short-term capital inflow into Bitcoin is strong, which could drive the price to test the short-term holder cost basis of $85,000. However, he noted that a rally dominated by the futures market is prone to trigger liquidation shocks. Willy Woo warned that this rebound is a bull market trap, as the bottom structure of the bear market has not yet formed. According to liquidity indicators, Bitcoin is currently only at the 1/3 stage of the bear market process.

Willy Woo: The current rebound is a bull market trap, and the bottom structure of the bear market has not yet fully formed.

On March 17, JPMorgan currently expects that the Bank of England will keep interest rates unchanged throughout 2026. Previously, JPMorgan had predicted that the Bank of England would cut rates by 25 basis points in April and June, but has now abandoned this forecast due to a significant upward revision of the UK's inflation expectations. JPMorgan stated that due to the continued rise in gas prices making it difficult for inflation to return to target levels, the Bank of England may enter a "long-term pause" and anticipates that the next rate cut will not occur until the first quarter of 2027.

[JPMorgan: Expects the Bank of England to keep interest rates unchanged throughout 2026.]On March 17, JPMorgan currently expects that the Bank of England will keep interest rates unchanged throughout 2026. Previously, JPMorgan had predicted that the Bank of England would cut rates by 25 basis points in April and June, but has now abandoned this forecast due to a significant upward revision of the UK's inflation expectations. JPMorgan stated that due to the continued rise in gas prices making it difficult for inflation to return to target levels, the Bank of England may enter a "long-term pause" and anticipates that the next rate cut will not occur until the first quarter of 2027.

JPMorgan: Expects the Bank of England to keep interest rates unchanged throughout 2026.

On March 17, the cryptocurrency podcast The Rollup recently published an article stating that sources have revealed to them that the new public chain Tempo, developed in collaboration between Stripe and Paradigm, is expected to launch its mainnet by the end of March, with both enterprise and retail sides starting simultaneously.  
The Rollup noted that the information currently available includes:  
1. The mainnet launch of Tempo will adopt a "dual-track" release model: the retail side will focus on payments and DeFi, while the enterprise side will concentrate on agent-based payments, B2B, payroll, remittances, and credit expansion scenarios.  
2. The new TIP-20 standard means that paying for gas on this chain will no longer require a native token.  
3. No tokens will be issued at the time of the mainnet launch. The team is waiting for a better market environment and clearer regulatory framework to design a more reasonable token economic model.  
4. Stripe is actively promoting the integration and implementation of partner resources behind the scenes.  
5. The enterprise route will be built around agent-based payments, covering contractor settlements, payroll, cross-border remittances, prepaid interest payments, and credit expansion.

[Tempo will launch its mainnet by the end of March, and will not issue tokens initially.]On March 17, the cryptocurrency podcast The Rollup recently published an article stating that sources have revealed to them that the new public chain Tempo, developed in collaboration between Stripe and Paradigm, is expected to launch its mainnet by the end of March, with both enterprise and retail sides starting simultaneously.  
The Rollup noted that the information currently available includes:  
1. The mainnet launch of Tempo will adopt a "dual-track" release model: the retail side will focus on payments and DeFi, while the enterprise side will concentrate on agent-based payments, B2B, payroll, remittances, and credit expansion scenarios.  
2. The new TIP-20 standard means that paying for gas on this chain will no longer require a native token.  
3. No tokens will be issued at the time of the mainnet launch. The team is waiting for a better market environment and clearer regulatory framework to design a more reasonable token economic model.  
4. Stripe is actively promoting the integration and implementation of partner resources behind the scenes.  
5. The enterprise route will be built around agent-based payments, covering contractor settlements, payroll, cross-border remittances, prepaid interest payments, and credit expansion.

Tempo will launch its mainnet by the end of March, and will not issue tokens initially.

On March 17, CryptoQuant analyst @AxelAdlerJr stated that there has been a rebound in the recent inflow of funds into Bitcoin spot ETFs, but the price of Bitcoin is still $5,174 lower than the ETF realization price (which can be approximated as the average cost price of Bitcoin held by the ETF), equivalent to about $80,000. The analyst noted that a recovery in demand could drive prices upward, but resistance around $80,000 may trigger profit-taking, and it is necessary to pay attention to subsequent macro data to assess the potential for a breakout.

[CryptoQuant: The cost price of Bitcoin ETF is approximately $80,000, and caution is advised regarding resistance at this level.]On March 17, CryptoQuant analyst @AxelAdlerJr stated that there has been a rebound in the recent inflow of funds into Bitcoin spot ETFs, but the price of Bitcoin is still $5,174 lower than the ETF realization price (which can be approximated as the average cost price of Bitcoin held by the ETF), equivalent to about $80,000. The analyst noted that a recovery in demand could drive prices upward, but resistance around $80,000 may trigger profit-taking, and it is necessary to pay attention to subsequent macro data to assess the potential for a breakout.

CryptoQuant: The cost price of Bitcoin ETF is approximately $80,000, and caution is advised regarding resistance at this level.

On March 17, gold prices rose slightly today, but due to the continued weakening of energy prices, market expectations for further interest rate cuts have diminished, resulting in a cumulative decline of over 4% this week. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that although the release of emergency oil reserves helps to curb soaring prices, the rising inflation risks have lowered market expectations for a rate cut by the Federal Reserve, and rising interest rates typically suppress non-yielding assets like gold. (Jin Shi)

[Gold rises slightly, but rising energy prices continue to suppress gold prices.]On March 17, gold prices rose slightly today, but due to the continued weakening of energy prices, market expectations for further interest rate cuts have diminished, resulting in a cumulative decline of over 4% this week. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that although the release of emergency oil reserves helps to curb soaring prices, the rising inflation risks have lowered market expectations for a rate cut by the Federal Reserve, and rising interest rates typically suppress non-yielding assets like gold. (Jin Shi)

Gold rises slightly, but rising energy prices continue to suppress gold prices.

The Hong Kong stock market's "first Token stock," ZhiCai (03317.HK), rose over 29% in the afternoon. Huang Renxun stated that as the model grows larger, the generation rate of Tokens will decrease, so throughput and Token generation speed will directly translate into the company's precise revenue for next year.

[The Hong Kong stock market's "first token stock," Zhence (03317.HK), rose over 29% in the afternoon.]The Hong Kong stock market's "first Token stock," ZhiCai (03317.HK), rose over 29% in the afternoon. Huang Renxun stated that as the model grows larger, the generation rate of Tokens will decrease, so throughput and Token generation speed will directly translate into the company's precise revenue for next year.

The Hong Kong stock market's "first token stock," Zhence (03317.HK), rose over 29% in the afternoon.

On March 17, according to Lookonchain monitoring, Abraxas Capital opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid within the last 13 hours. The position involved 146,601 contracts, with a notional value of approximately $13.98 million. The associated wallet address 0x5b5d has accumulated a historical profit of $165.94 million on Hyperliquid.

[Abraxas Capital opens a 10x crude oil short position on Hyperliquid with a notional value of approximately $13.98 million.]On March 17, according to Lookonchain monitoring, Abraxas Capital opened a 10x leveraged short position on crude oil (CL) on the decentralized perpetual contract platform Hyperliquid within the last 13 hours. The position involved 146,601 contracts, with a notional value of approximately $13.98 million. The associated wallet address 0x5b5d has accumulated a historical profit of $165.94 million on Hyperliquid.

Abraxas Capital opens a 10x crude oil short position on Hyperliquid with a notional value of approximately $13.98 million.

1. $510,000,000 worth of Bitcoin options expire Friday.
2. Add HT/USDD to Spot Trading on Oct 20, 2022.
3. South African financial regulator: crypto platforms must be licensed in 2023.
4. Terra CEO Do Kwon left Singapore and flew to parts unknown via Dubai.
5. OpenSea launches analytics tab for NFT collections.

Detail

【Huobi Global Breaking News】1. $510,000,000 worth of Bitcoin options expire Friday.
2. Add HT/USDD to Spot Trading on Oct 20, 2022.
3. South African financial regulator: crypto platforms must be licensed in 2023.
4. Terra CEO Do Kwon left Singapore and flew to parts unknown via Dubai.
5. OpenSea launches analytics tab for NFT collections.

Huobi Global Breaking News

Article

ETH broke through 2300  USDT

The US, UK, and Canada jointly launched "Operation Atlantic" to combat crypto phishing scams.

Trump: Iran is "not ready" to reach a deal.

Iran says it will strike US industries in the Middle East "in the coming hours".

BTC broke through 74000  USDT

Huobi Global Breaking News

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

Artículos relacionados

Todos los comentarios0Lo más recientePopular

Temas populares

Artículos relacionados