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Binance CEO He Yi posted on the X platform, stating, "It's easy to spread fear, uncertainty, and doubt (FUD), but it's always difficult to clear it away."It is reported that Binance has achieved its second victory in a lawsuit related to the U.S. Anti-Terrorism Act (ATA) within two weeks. A U.S. federal court in Alabama dismissed all claims against Binance, which accused it of violating the ATA. This ruling follows Binance's recent victory in the Southern District of New York, where the federal court also dismissed all charges against the company.

According to Jinshi reports, U.S. President Trump stated that the United States is the largest oil producer in the world, far ahead, so when oil prices rise, we make a lot of money. But for me as president, it is more important to prevent an evil empire—Iran—from acquiring nuclear weapons, to stop Iran from destroying the Middle East, and even the whole world. I will never let this happen!

The chairman of the Commodity Futures Trading Commission (CFTC), Mike Selig, stated, "Today, we are taking action to release clear guidelines for prediction markets to help trading platforms understand the CFTC's expectations for new contract listings. We are taking on the responsibility of ensuring that this asset class has transparent rules."In an interview with CNBC, Mike Selig said, "Prediction markets are a rapidly evolving field, which is why we are taking action today to release some clear guidelines to assist our trading platforms. Our trading platforms will self-certify contracts and have their own rulebooks, and they need to clearly understand the CFTC's expectations. Therefore, we will publish these guidelines in clear written form for trading platforms to follow.At the same time, we will also release a notice of proposed rulemaking later today. We intend to establish clear operating rules for this new asset class and new market. It is crucial to ensure that there is no manipulation, insider trading, or various abuses in the derivatives market. Therefore, we will take on the responsibility of ensuring that these new asset classes have clear operating rules."

Coindesk analyst Omkar Godbole stated that Bloomberg has reaffirmed its prediction: Bitcoin could drop to $10,000------a price level not seen since mid-2020. Industry observers believe this prediction is overly absurd.However, on the largest crypto options trading platform Deribit, about $800 million in open positions are concentrated on $20,000 put options, betting that the price will fall below that level. This is the fourth most popular bearish bet on the platform. This indicates that some traders are preparing for a possible crash. But Deribit stated that not all positions are direct bets against a price crash.Deribit’s Global Retail Sales Head Sidrah Fariq said, "Most positions are more like selling put options rather than directional long hedges. Traders often sell out-of-the-money put options because the probability of reaching those levels is low." Meanwhile, Bitcoin has shown remarkable resilience, maintaining around $70,000 even as crude oil prices rebounded, pushing benchmark oil prices close to $100 in the early session, shaking traditional markets. Ethereum, XRP, and SOL have also remained strong, while HYPE tokens rose about 10% within 24 hours.Analysts say that excessive leverage is being cleared from the Bitcoin market, paving the way for price increases. Diana Pires, Vice President of Sales at crypto platform sFOX, stated in an email, "From a market structure perspective, this consolidation could be constructive, as reducing leveraged positions often lays a more stable foundation for the next wave of movement once clearer macro catalysts emerge."

According to a report by Bloomberg on Wednesday, major U.S. prime brokers are working to provide hedge fund clients with access to the prediction market platform Kalshi. Clear Street, valued at over $12 billion, is expected to complete its first Kalshi trade settlement by the end of March; subsequently, Marex Group, valued at approximately $2.6 billion, also plans to follow suit in the coming months.Marex's Global Clearing Head Thomas Texier stated that there is strong demand from large financial institutions for prediction markets, not only to gain returns from such markets but also to use them as a tool to hedge their own positions. Kalshi CEO Tarek Mansour pointed out that prediction markets are becoming a core pillar of the financial ecosystem, with billions of dollars flowing weekly. Although institutional adoption is accelerating, Clear Street CEO Ed Tilly emphasized that the company will proceed cautiously due to ongoing disputes among U.S. state regulators regarding the classification of sports markets and insider trading risks.

According to CoinDesk, Bloomberg Intelligence senior commodity strategist Mike McGlone reiterated his bearish view that Bitcoin could drop below $10,000, believing that the crypto market is still undergoing a macro-driven long-term adjustment.McGlone pointed out that as institutional participation increases, Bitcoin's correlation with speculative assets has strengthened, undermining its function as a non-correlated hedge against traditional markets. The current market needs to go through a clearing process of excessive speculation. Several analysts have refuted this. The CEO of Quantum Economics stated that for Bitcoin to reach $10,000, extreme events such as a global liquidity crisis, nuclear war, and internet shutdown would be necessary.AdLunam analysts believe that a drop to $28,000 may require a global liquidity contraction or a broader financial stress event. PrimeXBT senior market analysts expect Bitcoin to consolidate in the $60,000 to $70,000 range, with the next major accumulation zone possibly between $30,000 and $40,000, but the likelihood of reaching $10,000 is very low. Some analysts pointed out that Bitcoin completed a major bear market correction in 2022, and the current price is about 50% down from its historical peak, possibly having reached the bottom.

Iran has clarified its demands for a potential ceasefire agreement with the United States and Israel. The demands include:Recognition of Iran's legitimate rights;Compensation to Iran;Firm international guarantees against future acts of aggression.

According to Jinshi, Federal Reserve official Collins stated that clear evidence of a decline in inflation is needed before considering another rate cut.

According to CoinDesk, Ripple announced that its clearing platform Ripple Prime's institutional clients can now trade all cryptocurrency futures products listed on Coinbase Derivatives, including futures contracts for Bitcoin, Ethereum, Solana, and XRP, with clearing provided by the U.S. clearing agency Nodal Clear.The Ripple Prime platform had a clearing transaction volume exceeding $3 trillion in 2025. This expansion builds on Ripple's acquisition of the futures commission merchant and major broker Hidden Road for $1.25 billion last year, which is now integrated into Ripple Prime, offering brokerage, clearing, and financing services across multiple asset classes. This move reflects the growing demand from institutions for regulated crypto derivatives.

The Iranian Deputy Foreign Minister stated that Iran is prepared to abandon its nuclear program, provided that the United States offers a satisfactory alternative.

Due to a short-term surge of over 5% in ETH prices, the whale position starting with address 0xa5e4 on Hyperliquid was liquidated in a chain reaction, with the account balance dropping to only $170,000 at one point. The remaining funds have now been fully withdrawn.The total loss from this liquidation exceeded $1.5 million, with a liquidation scale of nearly $30 million. This address had transferred approximately $1.7 million in principal to Hyperliquid just 18 hours ago, and then opened a short position in ETH at an average price of $1,940, with a peak position size reaching $31 million.

CFTC Chairman Mike Selig stated at an event in Washington that the agency is working to allow genuine professional perpetual contracts to operate within the United States in the next month and expects to release relevant announcements soon.Mike Selig pointed out that previous regulatory policies have led to a significant number of companies and liquidity flowing overseas. Additionally, the CFTC and SEC are advancing several digital asset policies through the Project Crypto initiative, including providing clear guidance for DeFi developers and establishing clear standards for prediction markets. SEC Chairman Paul Atkins also noted that while regulators are moving forward with innovation exemptions to allow industry experimentation, there is still a need for Congress to provide legal certainty. Currently, legislative work in the U.S. Senate regarding transparency in the digital asset market is still under negotiation.

U.S. President Trump stated that the United States recently launched a significant military operation in Iran. Trump claimed that Iran is attempting to rebuild its nuclear program, is developing long-range missiles that threaten the U.S. and other countries, and stated that he will destroy Iran's missiles, "leveling" their missile industry, and that Iran will never be allowed to possess nuclear weapons.

Matrixport released a chart stating that Bitcoin has seen almost no significant fluctuations this week, which precisely indicates that the current moment deserves more attention. Beneath the calm surface, the market structure is quietly changing. Approximately $2.5 billion in gamma exposure is about to clear this month, and $26.7 billion has been withdrawn from the market since its peak, with overall positions nearing a reset.The dominant factors for future trends may gradually shift from options mechanisms to liquidity itself. In this report, we will focus on three points: whether this recent rebound is misleading and sufficient to constitute a trend reversal; where passive hedging pressure will mainly concentrate after options expiration; and what conditions the market needs to meet to support a more sustainable stabilization.Perhaps the most noteworthy phase of this cycle is just beginning. Currently, Bitcoin's price is roughly flat compared to a week ago, but the movement is not stable. The previous rapid decline, followed by an equally swift rebound, is largely related to the structure of options positions. Market makers had previously maintained short gamma positions. As prices fell, they were forced to sell futures to hedge their exposure, which mechanically amplified the decline and accelerated the price towards $63,000.

According to Jin Ten, Fed's Schmid stated on Wednesday that high inflation remains a key issue that the Fed needs to address, but he did not specify how monetary policy should respond. Schmid said, "I think we still have work to do on inflation," while noting that the employment situation is quite good. He pointed out that the large amount of mortgage-backed securities held from the Fed's past bond-buying actions continues to suppress housing borrowing costs, and mortgage rates "could be 75 to 100 basis points lower than their original levels."

FTX founder SBF posted on X platform and @Trump, stating that the "Cryptocurrency Market Structure Bill" (the CLARITY Act) will become an important milestone in the history of cryptocurrency development and a significant achievement for President Trump. "I once actively promoted a similar bill aimed at freeing cryptocurrency from the control of former SEC Chairman Gary Gensler, but Gensler helped Biden's Justice Department send me to prison."Imprisoned SBF is launching a futile campaign for a presidential pardon in the United States. Trump pardoned SBF's cellmate, former Honduran President Juan Orlando Hernández, on December 2 last year. Since then, SBF has frequently tweeted his support for Trump's policies, trying to curry favor with Trump in hopes of a pardon or sentence reduction. In fact, SBF's family has been publicly lobbying Trump since early 2025 and actively arranging meetings with his allies. However, earlier today, a White House spokesperson made it clear that Trump has no intention of pardoning SBF.Note: SBF is still in prison, and this message is being forwarded by a friend who has access to SBF's account.

According to Jinshi reports, Federal Reserve official Barkin stated that inflation is expected to fall back to 2%, but hopes the data can clearly show this.

According to Jinshi reports, Federal Reserve official Barkin stated that the current job market is clearly easing, making it difficult to accurately assess the condition of labor supply.

U.S. White House officials stated that Trump's plan to impose a 15% tariff rate under Article 122 "remains unchanged," and it is unclear when it will be changed to 15%.