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On March 20, Citi announced that it has raised the target stock price for SanDisk (SNDK) from $750 to $875. (Jin Shi)

[Citi Raises SanDisk Target Price from $750 to $875]On March 20, Citi announced that it has raised the target stock price for SanDisk (SNDK) from $750 to $875. (Jin Shi)

Citi Raises SanDisk Target Price from $750 to $875

On March 20, Citi announced that it has raised the price target for SanDisk (SNDK) from $750 to $875. (Jin Shi)

[Citi Raises SanDisk Price Target from $750 to $875]On March 20, Citi announced that it has raised the price target for SanDisk (SNDK) from $750 to $875. (Jin Shi)

Citi Raises SanDisk Price Target from $750 to $875

March 20th news: Arthur, CEO of DeFiance Capital, posted on the X platform stating that a cooling down of "TACO" (Trump's last-minute retreat) and the Middle East situation is unlikely in the short term, with both the US and Israel currently continuing to pressure Iran.
He pointed out that global supply chains may be further disrupted in the coming weeks. Additionally, Axios previously reported that the Trump administration is considering forcing Iran to reopen the Strait of Hormuz by occupying or blockading Iran's Kharg Island.

[DeFiance CEO: Middle East Tensions Unlikely to Ease Soon, US and Israel Continue Pressure on Iran]March 20th news: Arthur, CEO of DeFiance Capital, posted on the X platform stating that a cooling down of "TACO" (Trump's last-minute retreat) and the Middle East situation is unlikely in the short term, with both the US and Israel currently continuing to pressure Iran.
He pointed out that global supply chains may be further disrupted in the coming weeks. Additionally, Axios previously reported that the Trump administration is considering forcing Iran to reopen the Strait of Hormuz by occupying or blockading Iran's Kharg Island.

DeFiance CEO: Middle East Tensions Unlikely to Ease Soon, US and Israel Continue Pressure on Iran

A new wallet, identified as '-human-', has placed a significant bet of approximately $220,000 on the decentralized prediction platform Polymarket. The wager is on the 'No' side, betting that the U.S. government will not officially confirm the existence of extraterrestrial life before the year 2027.

[New Wallet Bets $220,000 on US Not Confirming Alien Existence]A new wallet, identified as '-human-', has placed a significant bet of approximately $220,000 on the decentralized prediction platform Polymarket. The wager is on the 'No' side, betting that the U.S. government will not officially confirm the existence of extraterrestrial life before the year 2027.

New Wallet Bets $220,000 on US Not Confirming Alien Existence

On March 20, Decrypt reported that Bitcoin briefly rose above $71,000 but has since retreated to around $70,547. This rebound occurred after U.S. Treasury Secretary Janet Yellen proposed measures to address soaring oil prices. Yellen stated that the U.S. is considering granting exemptions for certain sanctions on Iranian tankers already at sea and is further discussing the possibility of releasing strategic oil reserves. The previous day, Brent crude oil prices surged to $119 per barrel due to attacks on energy facilities in the Persian Gulf, which caused Bitcoin to drop below $70,000, triggering over $500 million in forced liquidations in the crypto market. Despite this, market participants remain vigilant. Analysts warn that if the critical chokepoint of global energy supply, the Strait of Hormuz, is blocked for an extended period, oil prices could rise further to $200 per barrel. GSR research analyst Carlos Guzman stated that Bitcoin's price movements are a second-order effect of rising energy prices: high energy prices may lead the Federal Reserve to maintain elevated interest rates for a longer period, and high rates are generally unfavorable for the crypto market, as a low-interest environment typically encourages investors to shift funds towards risk assets.

[Analysis: High Oil Prices Suppress Bitcoin Rebound, Market Remains Cautious]On March 20, Decrypt reported that Bitcoin briefly rose above $71,000 but has since retreated to around $70,547. This rebound occurred after U.S. Treasury Secretary Janet Yellen proposed measures to address soaring oil prices. Yellen stated that the U.S. is considering granting exemptions for certain sanctions on Iranian tankers already at sea and is further discussing the possibility of releasing strategic oil reserves. The previous day, Brent crude oil prices surged to $119 per barrel due to attacks on energy facilities in the Persian Gulf, which caused Bitcoin to drop below $70,000, triggering over $500 million in forced liquidations in the crypto market. Despite this, market participants remain vigilant. Analysts warn that if the critical chokepoint of global energy supply, the Strait of Hormuz, is blocked for an extended period, oil prices could rise further to $200 per barrel. GSR research analyst Carlos Guzman stated that Bitcoin's price movements are a second-order effect of rising energy prices: high energy prices may lead the Federal Reserve to maintain elevated interest rates for a longer period, and high rates are generally unfavorable for the crypto market, as a low-interest environment typically encourages investors to shift funds towards risk assets.

Analysis: High Oil Prices Suppress Bitcoin Rebound, Market Remains Cautious

On March 20, WhaleAlert reported that an inactive Bitcoin whale address, dormant for 13.7 years, has just been activated, containing 2,100 BTC (worth $147 million). These bitcoins were valued at only $13,685 in 2012.

[Inactive Bitcoin Whale Address Activated After 13.7 Years, Contains 2,100 BTC]On March 20, WhaleAlert reported that an inactive Bitcoin whale address, dormant for 13.7 years, has just been activated, containing 2,100 BTC (worth $147 million). These bitcoins were valued at only $13,685 in 2012.

Inactive Bitcoin Whale Address Activated After 13.7 Years, Contains 2,100 BTC

On March 20, DeFiance Capital CEO Arthur posted on X, stating, "It is clear that neither TACO (Trump's last-minute retreat) nor a de-escalation in the Middle East will occur in the short term, as both the U.S. and Israel are pushing for strong pressure on Iran until it yields. Time will tell if this strategy is effective, but global supply chains may face further disruptions in the coming weeks." According to Axios, citing four informed sources, "The Trump administration is considering occupying or blockading Iran's Kharg Island to force Iran to reopen the Strait of Hormuz."

[DeFiance CEO: No Short-Term Resolution for 'TACO' or Middle East Tensions]On March 20, DeFiance Capital CEO Arthur posted on X, stating, "It is clear that neither TACO (Trump's last-minute retreat) nor a de-escalation in the Middle East will occur in the short term, as both the U.S. and Israel are pushing for strong pressure on Iran until it yields. Time will tell if this strategy is effective, but global supply chains may face further disruptions in the coming weeks." According to Axios, citing four informed sources, "The Trump administration is considering occupying or blockading Iran's Kharg Island to force Iran to reopen the Strait of Hormuz."

DeFiance CEO: No Short-Term Resolution for 'TACO' or Middle East Tensions

According to 1M AI News monitoring, developer @fynnso discovered during debugging Cursor API requests that the actual model ID for Composer 2 is `kimi-k2p5-rl-0317-s515-fast`, literally meaning "Kimi K2.5 + RL". Du Yurun (@Yulun_Du), Head of Pre-training at Moonshot AI, immediately tweeted that the team's testing of Composer 2's tokenizer found it to be "completely identical to our Kimi tokenizer," and that it is "almost certain this is the result of our model being further fine-tuned." He directly @-mentioned Cursor co-founder Michael Truell, questioning, "Why don't you respect our license, nor have you paid any fees?" When Cursor released Composer 2, they stated that the performance improvements came from "continuing pre-training on a base model for the first time, combined with reinforcement learning," but did not mention Kimi K2.5 at all. The two points are not contradictory: continuing pre-training and RL are applied to a base model, and Cursor simply failed to disclose the source of the base model. Kimi K2.5 uses a modified MIT license, which explicitly states that commercial products with over 100 million monthly active users or over $20 million in monthly revenue must prominently display "Kimi K2.5" in their user interface. Given Cursor's valuation of $2.93 billion and its paid user base, the monthly revenue threshold is almost certainly met. As of press time, Cursor has not publicly responded. This is the second time a self-developed model under Cursor has been suspected of being a shell for a Chinese open-source model. In November 2025, when Composer 1 was released, the community discovered that its tokenizer was consistent with DeepSeek, and the model produced Chinese output during inference. At that time, Cursor also did not disclose the source of the base model.

[Cursor's "Self-Developed" Composer 2 Found to Embed Kimi K2.5; Moonshot AI Accuses of License Violation and Non-Payment]According to 1M AI News monitoring, developer @fynnso discovered during debugging Cursor API requests that the actual model ID for Composer 2 is `kimi-k2p5-rl-0317-s515-fast`, literally meaning "Kimi K2.5 + RL". Du Yurun (@Yulun_Du), Head of Pre-training at Moonshot AI, immediately tweeted that the team's testing of Composer 2's tokenizer found it to be "completely identical to our Kimi tokenizer," and that it is "almost certain this is the result of our model being further fine-tuned." He directly @-mentioned Cursor co-founder Michael Truell, questioning, "Why don't you respect our license, nor have you paid any fees?" When Cursor released Composer 2, they stated that the performance improvements came from "continuing pre-training on a base model for the first time, combined with reinforcement learning," but did not mention Kimi K2.5 at all. The two points are not contradictory: continuing pre-training and RL are applied to a base model, and Cursor simply failed to disclose the source of the base model. Kimi K2.5 uses a modified MIT license, which explicitly states that commercial products with over 100 million monthly active users or over $20 million in monthly revenue must prominently display "Kimi K2.5" in their user interface. Given Cursor's valuation of $2.93 billion and its paid user base, the monthly revenue threshold is almost certainly met. As of press time, Cursor has not publicly responded. This is the second time a self-developed model under Cursor has been suspected of being a shell for a Chinese open-source model. In November 2025, when Composer 1 was released, the community discovered that its tokenizer was consistent with DeepSeek, and the model produced Chinese output during inference. At that time, Cursor also did not disclose the source of the base model.

Cursor's "Self-Developed" Composer 2 Found to Embed Kimi K2.5; Moonshot AI Accuses of License Violation and Non-Payment

Ondo Finance's global market platform has added over 60 tokenized US stocks and ETFs, officially bringing the total number of tokenized assets on its platform to over 250. Concurrently, the total on-chain value of the global tokenized securities (RWA) market has reached $27.3 billion, indicating the industry is entering a period of rapid expansion.

[Ondo Finance Tokenized Assets Exceed 250, RWA Market Surpasses $27 Billion]Ondo Finance's global market platform has added over 60 tokenized US stocks and ETFs, officially bringing the total number of tokenized assets on its platform to over 250. Concurrently, the total on-chain value of the global tokenized securities (RWA) market has reached $27.3 billion, indicating the industry is entering a period of rapid expansion.

Ondo Finance Tokenized Assets Exceed 250, RWA Market Surpasses $27 Billion

Wu Qichao, Deputy Director of Market II of the China Securities Regulatory Commission, stated that the construction of blockchain in regional equity markets has achieved significant results in areas such as penetrating supervision, standardization, resource integration, and innovative applications. In the next step, the China Securities Regulatory Commission will continue to guide and promote the comprehensive digital transformation of regional equity markets, including the establishment of a sound enterprise digital file, the deepening of on-chain innovative application construction, the promotion of business smart contract development, and further strengthening of market connectivity.

[China Securities Regulatory Commission: Will continue to guide and promote the comprehensive digital transformation of regional equity markets]Wu Qichao, Deputy Director of Market II of the China Securities Regulatory Commission, stated that the construction of blockchain in regional equity markets has achieved significant results in areas such as penetrating supervision, standardization, resource integration, and innovative applications. In the next step, the China Securities Regulatory Commission will continue to guide and promote the comprehensive digital transformation of regional equity markets, including the establishment of a sound enterprise digital file, the deepening of on-chain innovative application construction, the promotion of business smart contract development, and further strengthening of market connectivity.

China Securities Regulatory Commission: Will continue to guide and promote the comprehensive digital transformation of regional equity markets

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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