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According to 1M AI News monitoring, Moonshot AI's official account @Kimi_Moonshot posted congratulations on the release of Composer 2, clarifying: "Cursor accesses Kimi K2.5 through Fireworks AI's hosted RL and inference platform, which is an authorized commercial partnership." Following Kimi's official statement, Cursor co-founder Aman Sanger and Vice President of Developer Education Lee Robinson publicly confirmed the source of the base model and disclosed more technical details. Sanger stated that the team evaluated multiple base models for perplexity, and Kimi K2.5 "proved to be the strongest." This was followed by continued pre-training and 4x scale high-compute reinforcement learning, deployed through Fireworks AI's inference and RL sampler. Robinson added that the compute from the base model accounts for approximately 1/4 of the final model, with the remaining 3/4 coming from Cursor's own training. Robinson cited Kimi's official tweet, stating that Moonshot AI has confirmed its use complies with licensing requirements. Both Sanger and Robinson admitted that failing to mention the Kimi base model in their release blog was "an oversight" and pledged to clearly state the base model source in their next model release. Previously, related controversies quickly escalated on social media, with Elon Musk also replying to @fynnso's post with "Yeah, it's Kimi 2.5," further amplifying the topic's heat.

[Cursor Confirms Kimi K2.5 as Base Model; Moonshot AI Cites Authorized Commercial Partnership]According to 1M AI News monitoring, Moonshot AI's official account @Kimi_Moonshot posted congratulations on the release of Composer 2, clarifying: "Cursor accesses Kimi K2.5 through Fireworks AI's hosted RL and inference platform, which is an authorized commercial partnership." Following Kimi's official statement, Cursor co-founder Aman Sanger and Vice President of Developer Education Lee Robinson publicly confirmed the source of the base model and disclosed more technical details. Sanger stated that the team evaluated multiple base models for perplexity, and Kimi K2.5 "proved to be the strongest." This was followed by continued pre-training and 4x scale high-compute reinforcement learning, deployed through Fireworks AI's inference and RL sampler. Robinson added that the compute from the base model accounts for approximately 1/4 of the final model, with the remaining 3/4 coming from Cursor's own training. Robinson cited Kimi's official tweet, stating that Moonshot AI has confirmed its use complies with licensing requirements. Both Sanger and Robinson admitted that failing to mention the Kimi base model in their release blog was "an oversight" and pledged to clearly state the base model source in their next model release. Previously, related controversies quickly escalated on social media, with Elon Musk also replying to @fynnso's post with "Yeah, it's Kimi 2.5," further amplifying the topic's heat.

Cursor Confirms Kimi K2.5 as Base Model; Moonshot AI Cites Authorized Commercial Partnership

On March 21st, according to Onchain Lens monitoring, James Wynn claimed $5,565 in rewards from Hyperliquid. He then opened a BTC short position with 40x leverage at an entry price of $69,959.

[James Wynn Shorts BTC with 40x Leverage Using Hyperliquid Rewards]On March 21st, according to Onchain Lens monitoring, James Wynn claimed $5,565 in rewards from Hyperliquid. He then opened a BTC short position with 40x leverage at an entry price of $69,959.

James Wynn Shorts BTC with 40x Leverage Using Hyperliquid Rewards

On March 21, U.S. President Trump stated in a post that as they consider a gradual de-escalation of major military operations in the Middle East targeting the Iranian regime, they are very close to achieving their established objectives: 1. Completely weakening Iran's missile capabilities, launch platforms, and all related facilities. 2. Destroying Iran's defense industrial base. 3. Eliminating Iran's naval and air force, including air defense weapon systems. 4. Absolutely not allowing Iran to even approach nuclear capability; simultaneously, the United States must always maintain a posture that allows for a swift and powerful counterattack should such a situation arise. 5. Protecting U.S. allies in the Middle East, including Israel, Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, Kuwait, and other countries, with the highest level of commitment. Trump stated that the guarding and patrolling of the Strait of Hormuz should be undertaken by other nations using the strait when necessary, and the United States will no longer bear this responsibility. If invited to assist, the U.S. is willing to support these countries' operations in the Strait of Hormuz, but such assistance will no longer be necessary once the Iranian threat is completely eliminated. Importantly, for these countries, this would be a relatively easy military operation.

[Trump Considers Gradual De-escalation of Military Actions Against Iran]On March 21, U.S. President Trump stated in a post that as they consider a gradual de-escalation of major military operations in the Middle East targeting the Iranian regime, they are very close to achieving their established objectives: 1. Completely weakening Iran's missile capabilities, launch platforms, and all related facilities. 2. Destroying Iran's defense industrial base. 3. Eliminating Iran's naval and air force, including air defense weapon systems. 4. Absolutely not allowing Iran to even approach nuclear capability; simultaneously, the United States must always maintain a posture that allows for a swift and powerful counterattack should such a situation arise. 5. Protecting U.S. allies in the Middle East, including Israel, Saudi Arabia, Qatar, the United Arab Emirates, Bahrain, Kuwait, and other countries, with the highest level of commitment. Trump stated that the guarding and patrolling of the Strait of Hormuz should be undertaken by other nations using the strait when necessary, and the United States will no longer bear this responsibility. If invited to assist, the U.S. is willing to support these countries' operations in the Strait of Hormuz, but such assistance will no longer be necessary once the Iranian threat is completely eliminated. Importantly, for these countries, this would be a relatively easy military operation.

Trump Considers Gradual De-escalation of Military Actions Against Iran

On March 21st, Chartered Market Technician (CMT) Aksel Kibar stated that the lower boundary support for Bitcoin's potential ascending wedge pattern is located at $66,000. A break below this level could signal a bearish reversal. The ascending wedge is a classic technical pattern that typically appears at the end of an uptrend, indicating a depletion of price momentum. Historical data shows that after confirmation of a similar downside breakout, the average pullback ranges from 10% to 20%.

[Analysis: Bitcoin Below $66,000 Could Trigger 10%-20% Drop]On March 21st, Chartered Market Technician (CMT) Aksel Kibar stated that the lower boundary support for Bitcoin's potential ascending wedge pattern is located at $66,000. A break below this level could signal a bearish reversal. The ascending wedge is a classic technical pattern that typically appears at the end of an uptrend, indicating a depletion of price momentum. Historical data shows that after confirmation of a similar downside breakout, the average pullback ranges from 10% to 20%.

Analysis: Bitcoin Below $66,000 Could Trigger 10%-20% Drop

Clément Delangue, co-founder and CEO of Hugging Face, commented on Cursor Composer 2 being based on Kimi K2.5, stating that this event validates three judgments:
- Open source has always been the biggest driver of competition.
- China's open source is now the biggest force shaping the global AI tech stack.
- Frontier competition is no longer just about who trains from scratch, but who can adapt, fine-tune, and productize the fastest (he cited OpenClaw as an example).

[Hugging Face CEO: China's Open Source is Becoming the Biggest Force Shaping Global AI Tech Stack]Clément Delangue, co-founder and CEO of Hugging Face, commented on Cursor Composer 2 being based on Kimi K2.5, stating that this event validates three judgments:
- Open source has always been the biggest driver of competition.
- China's open source is now the biggest force shaping the global AI tech stack.
- Frontier competition is no longer just about who trains from scratch, but who can adapt, fine-tune, and productize the fastest (he cited OpenClaw as an example).

Hugging Face CEO: China's Open Source is Becoming the Biggest Force Shaping Global AI Tech Stack

On March 21st, Phong Le, CEO of Strategy, posted on X stating that Morgan Stanley's wealth management business has an asset under management of approximately $8 trillion. The recommended Bitcoin allocation range is 0-4%. If 2% were allocated, it would mean a potential $160 billion in buying pressure for the crypto market, three times the current size of BlackRock's Bitcoin ETF, IBIT. Phong Le described this potential demand as 'Monster Bitcoin,' indicating that the Bitcoin market could see significant buying, potentially having a substantial impact on price and liquidity.

[Morgan Stanley's 2% BTC Allocation Could Trigger Massive Market Buying, Says Strategy CEO]On March 21st, Phong Le, CEO of Strategy, posted on X stating that Morgan Stanley's wealth management business has an asset under management of approximately $8 trillion. The recommended Bitcoin allocation range is 0-4%. If 2% were allocated, it would mean a potential $160 billion in buying pressure for the crypto market, three times the current size of BlackRock's Bitcoin ETF, IBIT. Phong Le described this potential demand as 'Monster Bitcoin,' indicating that the Bitcoin market could see significant buying, potentially having a substantial impact on price and liquidity.

Morgan Stanley's 2% BTC Allocation Could Trigger Massive Market Buying, Says Strategy CEO

Onchain Lens data shows that Bitmine has added 101,776 ETH to its staking, valued at $219 million. The total amount of ETH currently staked by Bitmine has reached 3,142,291 ETH, with a total value of approximately $6.75 billion. This operation further increases the scale of its staked assets.

[Bitmine Adds 101.8K ETH to Staking, Total Reaches 3.14M ETH]Onchain Lens data shows that Bitmine has added 101,776 ETH to its staking, valued at $219 million. The total amount of ETH currently staked by Bitmine has reached 3,142,291 ETH, with a total value of approximately $6.75 billion. This operation further increases the scale of its staked assets.

Bitmine Adds 101.8K ETH to Staking, Total Reaches 3.14M ETH

On March 21, according to the U.S. Department of the Treasury, the United States approved a 30-day authorization on March 20th, conditionally easing sanctions on Iranian oil products. This allows for the delivery and sale of Iranian crude oil and petroleum products that were already loaded onto ships as of March 20th. U.S. Treasury Secretary Janet Yellen stated that the Treasury Department is issuing a "narrowly tailored, short-term authorization" to permit the sale of Iranian oil currently stranded at sea. By temporarily releasing existing oil supplies, the U.S. will quickly provide approximately 140 million barrels of oil to the global market. The temporary, short-term authorization is strictly limited to oil already in transit. (CCTV News)

[US Grants 30-Day Conditional Sanctions Waiver on Iranian Oil]On March 21, according to the U.S. Department of the Treasury, the United States approved a 30-day authorization on March 20th, conditionally easing sanctions on Iranian oil products. This allows for the delivery and sale of Iranian crude oil and petroleum products that were already loaded onto ships as of March 20th. U.S. Treasury Secretary Janet Yellen stated that the Treasury Department is issuing a "narrowly tailored, short-term authorization" to permit the sale of Iranian oil currently stranded at sea. By temporarily releasing existing oil supplies, the U.S. will quickly provide approximately 140 million barrels of oil to the global market. The temporary, short-term authorization is strictly limited to oil already in transit. (CCTV News)

US Grants 30-Day Conditional Sanctions Waiver on Iranian Oil

As of March 21st, Polymarket traders are currently predicting a 71% probability that the Clarity Act will be signed into law in 2026.

[Polymarket Traders Predict 71% Chance of Clarity Act Becoming Law in 2026]As of March 21st, Polymarket traders are currently predicting a 71% probability that the Clarity Act will be signed into law in 2026.

Polymarket Traders Predict 71% Chance of Clarity Act Becoming Law in 2026

On August 18th, encryption payment company CityPay completed a seed round financing of over 2 million euros (approximately 2.17 million US dollars), including 500,000 US dollars in cryptocurrency investment, with participation from Tether, Presto Ventures, and other angel investors. This round of financing will be used for market expansion and to drive the development of the B2C platform.

[Encrypted payment company CityPay completes over $2 million in seed round financing]On August 18th, encryption payment company CityPay completed a seed round financing of over 2 million euros (approximately 2.17 million US dollars), including 500,000 US dollars in cryptocurrency investment, with participation from Tether, Presto Ventures, and other angel investors. This round of financing will be used for market expansion and to drive the development of the B2C platform.

Encrypted payment company CityPay completes over $2 million in seed round financing

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

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