Crypto Morning Brief: TRUMP Team to Host Banquet for Holders, Backpack Plans TGE This Month

marsbit2026-03-13 tarihinde yayınlandı2026-03-13 tarihinde güncellendi

Özet

Crypto Morning Brief: Key updates from March 13 include a speech by SEC Commissioner Atkins advocating for streamlined regulation and innovation exemptions for tokenized equities. BlackRock launched its first staked Ethereum ETF (ETHB), offering both ETH exposure and staking rewards. The TRUMP token team announced a summit and banquet for top token holders in April 2026. Backpack confirmed its TGE is scheduled for March 23. Avantis introduced a token buyback and burn program using 30% of daily trading fees. In AI and tech, Perplexity unveiled "Personal Computer," an AI-integrated Mac mini, while Tencent responded to data scraping allegations related to ClawHub. Funding highlights include Cryptio raising $45M for crypto accounting software, Oro Labs securing $100M for AI procurement automation, and Eightco Holdings completing a $125M round with investments in OpenAI and Beast Industries. Market analysis and opinion pieces covered topics like AI narrative arbitrage, the evolution of crypto exchanges, Bitcoin treasury strategies, and talent polarization in AI.

Author: Deep Tide TechFlow

Yesterday's Market Dynamics

US Initial Jobless Claims for the Week Ending March 7: 213K, Expected 215K

US initial jobless claims for the week ending March 7 were 213,000, compared to an expectation of 215,000; the previous figure was revised from 213,000 to 214,000.

SEC Commissioner Atkins Speaks: Advocates for Regulatory Slimdown, Supports Innovation Exemption for Equity Tokenization

According to the SEC website, US Securities and Exchange Commission (SEC) Commissioner Paul S. Atkins delivered a speech at the Investor Advisory Committee's annual meeting on March 12, focusing on three key issues.

First, reducing unnecessary disclosure burdens, promoting the "minimum effective dose regulation" principle, emphasizing that rules should be materiality-focused and flexibly adjusted based on company size; also suggesting extending the applicability period of the "IPO on-ramp" provision in the JOBS Act to encourage more small and medium-sized enterprises to go public.

Second, opposing the SEC's indirect intervention in corporate governance through "comply or explain" disclosure requirements, deeming such "shame-based regulation" beyond the SEC's authority, and asserting that governance decisions should be made by shareholders and directors themselves.

Third, commenting on equity security tokenization, stating that tokenization can improve settlement efficiency, reduce settlement risk, and cut intermediary layers, and revealing that the SEC will consider introducing an innovation exemption mechanism to support limited trading of specific tokenized securities and gather experience for formulating a long-term regulatory framework.

BlackRock Launches First Ethereum ETF with Staking Functionality

According to CoinDesk, BlackRock's iShares Staked Ethereum Trust ETF (ETHB) officially began trading on Nasdaq on March 13, Beijing time. This is BlackRock's third crypto ETF and the first product to incorporate Ethereum staking functionality. ETHB will hold spot ETH and stake a portion of its holdings, allowing investors to gain exposure to ETH price movements while earning staking rewards. The fund's management fee is 0.25%, with an introductory preferential rate of 0.12% for the first $2.5 billion in assets. BlackRock's total assets under management for crypto-related products currently stand at approximately $130 billion.

TRUMP Token Team to Host Banquet on April 25 for Top 297 TRUMP Token Holders

According to the GetTrumpMemes website, the TRUMP token team will host a Crypto & Business Summit and Banquet at Mar-a-Lago in Palm Beach, Florida, on April 25, 2026. US President Donald Trump will attend and deliver the keynote speech.

The event uses a holdings ranking mechanism. The top 297 qualified participants based on holding points will be eligible to attend. Among them, the top 29 VIP users will additionally receive exclusive access to a private reception with Trump and other guests, along with VIP front-row seating.

Backpack Announces TGE on March 23

According to an official announcement, Backpack announced its Token Generation Event (TGE) will be on March 23.

Avantis Announces Launch of AVNT Token Buyback and Burn Program

According to an official announcement on platform X, Avantis announced the launch of the AVNT token buyback and burn program. 30% of daily trading revenue (including opening fees, closing fees, and profit fees) will be used to repurchase and burn AVNT tokens on the open market. This mechanism is now officially active. The official statement indicated that the percentage of fees allocated for buybacks is expected to increase to over 50% following future protocol efficiency upgrades, anticipated to be implemented by the end of Q2 2026.

Tencent Responds to "Mass Scraping of ClawHub" Allegations: Only Pulled 1GB of Data from Official Source with Non-Concurrent Requests

Tencent's AI X account, Tencent AI (@TencentAI_News), responded to community allegations regarding "mass scraping of ClawHub," stating: "Hello Peter, we understand your concerns. SkillHub is a localized skills platform built by Tencent based on the OpenClaw ecosystem, aiming to provide better skill availability and speed for Chinese users.

We are transparently stating that we operate as a local mirror site and always attribute ClawHub as the data source. In the first week of launch, we handled 180GB of traffic for users (870k downloads), while only pulling 1GB of data from the official source (via non-concurrent requests).

Many members of our team are active contributors (code and PRs), and we are eager to support the ecosystem and become better sponsors."

Previous reports indicated that the community accused Tencent's platform SkillHub of mass scraping all skill data from OpenClaw's official skill marketplace, ClawHub, and importing it into its own platform. Peter Steinberger called on Tencent to provide some support rather than unilaterally consuming resources.

Perplexity Launches New Product 'Personal Computer,' Enabling 24/7 Cross-File, Cross-Application, and Cross-Session Operations

According to an official disclosure by AI search startup Perplexity, the company has formally announced the launch of 'Personal Computer.' This product, based on a continuously running Mac mini, deeply integrates Perplexity's AI capabilities with local devices, enabling 24/7 operation and supporting cross-file, cross-application, and cross-session operations.

Perplexity has now opened a waitlist application for the first batch of users and will provide corresponding support and resources to early users.

Crypto Accounting Startup Cryptio Completes $45 Million Series B Funding Round Led by BlackFin Capital Partners

According to a Fortune report, crypto accounting startup Cryptio announced the completion of a $45 million Series B funding round led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and Ledger Cathay Capital. Cryptio provides software for enterprise digital asset tracking, crypto loan management, and blockchain asset monitoring. It currently has 110 employees and over 450 clients, including stablecoin issuer Circle and the blockchain subsidiary of Société Générale.

AI Procurement Automation Startup Oro Labs Completes $100 Million Series C Funding Round Led by Goldman Sachs

According to a Fortune report, Silicon Valley AI procurement automation startup Oro Labs announced the completion of a $100 million Series C funding round led by Goldman Sachs Growth Equity and Brighton Park Capital, with participation from existing investors Norwest Venture Partners, B Capital, XYZ Capital, and Felicis. This brings the company's total funding to $160 million. Oro Labs' "procurement orchestration platform" uses AI technology layered on top of enterprises' existing ERP and procurement systems, providing compliance review and process automation services for Fortune 500 clients like Coca-Cola, Pfizer, and Novartis.

Eightco Holdings Announces Completion of $125 Million Funding Round Led by Bitmine

According to PR Newswire, Eightco Holdings (NASDAQ: ORBS) announced the completion of a $125 million funding round. Bitmine (NYSE: BMNR) led with $75 million, with ARK Invest and Payward (Kraken's parent company) each committing $25 million. Other investors include Pantera, Coinfund, GSR, and other institutions. The company simultaneously disclosed a completed $50 million strategic investment in OpenAI and a $25 million investment in MrBeast's Beast Industries, while maintaining holdings in Worldcoin and Ethereum. Bitmine Chairman Tom Lee joined the ORBS board, and ARK Invest Chief Futurist Brett Winton joined as a board advisor.

Market Trends

İlgili Sorular

QWhat is the key feature of BlackRock's new iShares Staked Ethereum Trust ETF (ETHB)?

AIt is BlackRock's first Ethereum ETF to incorporate a staking function, allowing investors to gain exposure to ETH's price and earn staking rewards.

QWhat event is the TRUMP token team hosting for its top holders, and who is the special guest?

AThe TRUMP token team is hosting a Crypto & Business Summit and Banquet on April 25, 2026, at Mar-a-Lago in Palm Beach, Florida, with former President Donald Trump as the keynote speaker.

QWhat did SEC Commissioner Paul S. Atkins propose regarding equity security tokenization?

AHe stated that tokenization can improve settlement efficiency, reduce settlement risk, and cut out intermediaries. He also revealed the SEC is considering an innovation waiver to support limited trading of certain tokenized securities to gather experience for a long-term regulatory framework.

QWhat is the main purpose of the new product 'Personal Computer' launched by Perplexity?

AIt is a Mac mini-based system that deeply integrates Perplexity's AI capabilities with local devices, enabling it to run 24/7 and perform cross-file, cross-application, and cross-session operations to automate user tasks.

QHow much funding did the crypto accounting startup Cryptio raise in its Series B round and who were the lead investors?

ACryptio raised $45 million in a Series B funding round led by BlackFin Capital Partners and Sentinel Global.

İlgili Okumalar

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

South Korea's cryptocurrency industry is engaged in a rare, direct confrontation with regulators. The Financial Intelligence Unit (FIU), the primary anti-money laundering (AML) watchdog, has recently imposed heavy penalties on major exchanges like Upbit and Bithumb for alleged violations involving unregistered overseas VASPs and AML procedures. However, exchanges are now actively challenging these actions in court and through industry associations. In a significant shift, the Seoul Administrative Court ruled in favor of Upbit's operator, Dunamu, overturning part of an FIU-ordered business suspension. The court found the FIU's penalty criteria and justification insufficiently clear. Similarly, the court suspended the enforcement of a six-month business suspension against Bithumb pending a final ruling, citing potential irreversible harm to the exchange. Beyond legal battles, the industry is contesting proposed legislative amendments. The Digital Asset eXchange Alliance (DAXA) strongly opposes a draft rule that would mandate Suspicious Transaction Reports (STRs) for all crypto transfers over 10 million KRW (~$6,800). DAXA argues this "poison pill" clause violates legal principles and would overwhelm the STR system, increasing reports from 63,000 to an estimated 5.45 million annually for major exchanges, thereby crippling effective AML monitoring. This conflict highlights a structural tension in South Korea's crypto governance: comprehensive digital asset laws are still developing, while regulators rely heavily on AML enforcement. The industry's move from passive compliance to active legal and legislative challenges signifies a new phase, pressing for clearer rules and more proportionate enforcement. While short-term disputes may intensify, this clash could ultimately lead to a more mature and sustainable regulatory framework for South Korea's vibrant crypto market.

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Earnings Report, CLARITY Bill, and Warsh's Arrival: CRCL Faces Three Major Tests This Week

Circle (CRCL) faces three major tests this week that will significantly impact its stock price and valuation. First, on May 11, it will release its Q1 2026 earnings. Key metrics to watch are overall revenue and EPS, the proportion of revenue paid to distributors like Coinbase, and growth in non-interest income. The market also awaits Circle's stance on renegotiating its revenue-sharing contract with Coinbase, which expires in August. Second, on May 14, the U.S. Senate Banking Committee will vote on the CLARITY Act. This bill aims to establish a clear federal regulatory framework for digital assets. A recent compromise proposal would ban yield on static stablecoin reserves but allow rewards for active ones. Its passage, currently seen as likely by prediction markets, would be a major positive for the industry and Circle. Finally, on May 15, Kevin Warsh will succeed Jerome Powell as Federal Reserve Chair. Warsh's proposed policy of quantitative tightening combined with interest rate cuts could pose a short-term headwind for CRCL, as lower rates reduce Circle's primary revenue from USDC reserves. However, long-term prospects may improve as Warsh, a known crypto investor who opposes a Fed CBDC, is seen as potentially favorable to regulated private stablecoins like USDC.

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After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

Sun Yuchen, known for his controversial stunts like a $30 million lunch with Warren Buffett (canceled due to a kidney stone) and eating a $6.2 million duct-taped banana, is often overshadowed by a significant fact: his decade-long track record of spotting major investment trends. In 2016, he famously advised young people to invest in Bitcoin, Nvidia, Tesla, and Tencent instead of buying property. A hypothetical $20,000 investment in Nvidia and Tesla from that list would now be worth over 50 million RMB. His latest major call was on November 6, 2025, predicting a "50x storage opportunity" tied to the AI boom, which materialized with Sandisk's stock surging nearly 50-fold by 2026. Looking ahead, Sun now focuses on the next frontier: Physical AI. He identifies four key areas: 1. **Embodied AI/Robotics**: He sees this reaching its "iPhone moment," with companies like UBTech and Galaxy General leading in commercialization. 2. **Drones**: Viewed as the first commercially viable form of Physical AI, revolutionizing sectors from warfare (e.g., AeroVironment's Switchblade) to logistics. 3. **Spatial Computing**: Beyond VR, it's about AI understanding physical space, a foundational technology for robotics and autonomous systems, exemplified by Apple's Vision Pro. 4. **Space Exploration**: After a 2025 suborbital flight with Blue Origin, Sun advocates for space as the ultimate frontier, discussing blockchain's potential role in space asset management and data transactions. His investment philosophy involves betting on entire, inevitable trends rather than single companies. For robotics, he sees Tesla (the body/manufacturer) and Nvidia (the brain/AI platform) as complementary plays. In defense drones, he highlights companies making tanks obsolete (AeroVironment) and those augmenting fighter jets (Kratos). For space, he participated in Blue Origin's flight and anticipates SpaceX's potential IPO to redefine the sector's valuation. Sun Yuchen's vision frames the next two decades not as a revolution in information flow (like the internet), but in the fundamental operation of the physical world through AI-powered robots, autonomous systems, and spatial intelligence, ultimately extending human and AI activity into space. While many still focus on conventional assets, he continues to look toward the next technological horizon.

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The Billionaires Behind the Most Expensive Midterm Election in History

"The Most Expensive Midterm Elections and Their Billionaire Backers" This analysis details the unprecedented scale of spending in the 2026 midterm elections, highlighting the key billionaire donors shaping the political landscape. Jeff Yass, founder of Susquehanna International Group, has contributed over $81 million, ranking third among individual donors behind George Soros ($102.6M) and Elon Musk ($84.8M). Yass is a major donor to Trump's MAGA Inc. and supports school choice and various candidates. Overall, federal committees have raised over $4.7 billion this cycle, with political ad spending projected to reach $10.8 billion. Republican-aligned groups are significantly out-raising their Democratic counterparts. "Dark money" from undisclosed sources continues to grow. The core stakes involve control of Congress and policy direction for Trump's final term. Donors are also motivated by specific issues: Sergey Brin and Chris Larsen are funding opposition to a proposed California wealth tax and supporting crypto-friendly policies. Other top donors include OpenAI's Greg Brockman and his wife Anna ($50M total to MAGA Inc. and an AI-focused PAC), Richard Uihlein ($45.3M to conservative causes), venture capitalists Marc Andreessen and Ben Horowitz (each over $44M to crypto/AI PACs and MAGA Inc.), Miriam Adelson ($42.6M to GOP leadership PACs), Paul Singer ($33.9M), and Diane Hendricks ($25.8M to MAGA Inc.). The article notes that the peak fundraising period is still ahead, with major primaries approaching.

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The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

"Anthropic Nears Trillion-Dollar IPO, Fueled by Explosive Growth and 2028 'Intelligence Explosion' Warning Anthropic is considering a deal valuing the AI company near $1 trillion, potentially leading to one of the largest IPOs ever and surpassing SpaceX. Its revenue has skyrocketed, with Annual Recurring Revenue (ARR) reaching $45 billion in May 2026—a 500% increase in just five months. This vertical growth curve is attributed to its key products, Claude Code and Cowork, dominating AI coding and enterprise collaboration. Beyond commercial success, co-founder Jack Clark issued a pivotal warning in an interview: there is a greater than 50% chance that by the end of 2028, AI systems will achieve recursive self-improvement—the ability to autonomously build a 'better version' of themselves, initiating an 'intelligence explosion.' This prophecy underpins the company's astronomical valuation, as the market prices in the potential for transformative and disruptive AI. Further signaling its ambition, Anthropic formed a $1.5 billion joint venture with Goldman Sachs and Blackstone, aiming to disrupt traditional consulting firms like McKinsey by deploying Claude AI for complex strategic work. This move tests AI's capacity to replace high-level cognitive labor, a precursor to its predicted autonomous evolution. The narrative presents a dual future: unprecedented economic opportunity alongside significant risks like economic restructuring and security threats. Anthropic's meteoric rise and Clark's 2028 prediction frame the coming years as a countdown to a potential technological singularity."

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Crypto Morning Brief: TRUMP Team to Host Banquet for Holders, Backpack Plans TGE This Month

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Yesterday's Market Dynamics

Market Trends

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İlgili Sorular

İlgili Okumalar

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

Earnings Report, CLARITY Bill, and Warsh's Arrival: CRCL Faces Three Major Tests This Week

After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

The Billionaires Behind the Most Expensive Midterm Election in History

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

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