Gate News report shows that on March 18, the Hong Kong stock market displayed the following: MINIMAX-W(00100.HK) rose over 27%, now trading at 1311 Hong Kong dollars; Zhipu(02513.HK) rose over 20%, now trading at 746 Hong Kong dollars, hitting a record high.
UK Reform Party has yet to provide cryptocurrency donation wallet addresses to the Electoral Commission, raising concerns about fund transparency and foreign interference. Regulators point out that crypto donations present challenges in identity verification, calling for strengthened laws to prevent illicit funds from entering the political system. As financing through crypto assets expands, regulatory and compliance issues are becoming increasingly prominent.
Hangzhou Alibaba Cloud Feitian Information Technology Co., Ltd. recently applied to register the "HICLAW" trademark, involving website services and scientific instruments, with the current status pending review. HiClaw is an open-source multi-agent collaboration system by Alibaba Cloud that supports AI Agent coordination to complete complex tasks.
BitMine (BMNR) stock price has risen strongly recently, with a single-day gain of nearly 14% on March 16, closely related to its held Ethereum assets. However, BMNR and Ethereum exhibit phase-wise mismatches, resulting in short-term decoupling. Institutional funds are seizing the opportunity for arbitrage, with trading volume increasing significantly. The technical picture shows positive signals, but key resistance is near $24, requiring attention to breakout at this level and subsequent trends.
Gate has launched GateRouter, an AI model aggregation platform that provides a unified calling interface for multiple AI Agents and is running a limited-time trial activity. Users can obtain 3 million Tokens in AI calling credits through authorized login, and participants in sharing activities have the opportunity to win 1,000 USDT rewards. GateRouter supports 20+ mainstream large models and automatically selects the optimal model to reduce inference costs.
Mediolanum International Fund Management's Head of Fixed Income, Daniel Laffney, stated that the market has priced in the Federal Reserve maintaining rates unchanged at the meeting. Recent economic data suggests inflation is cooling and the labor market is deteriorating. The Fed is expected to communicate a cautious stance, possibly mentioning war risks and increasing two-sided language.
Ethereum will introduce the "Fast Confirmation Rules" (FCR) on March 18, enhancing the efficiency of asset transfers from Layer 1 to Layer 2, with confirmation times reduced to approximately 13 seconds. This mechanism is implemented through "fast confirmation blocks," which enhance network throughput and user experience without compromising security, and is expected to promote the adoption of L2 solutions. No hard fork is required, simplifying the deployment process.
Citigroup lowers Bitcoin and Ethereum target prices for the next 12 months to $112,000 and $3,175 respectively, primarily due to slower-than-expected progress in U.S. policy implementation. Despite the downward revision of target prices, both assets still have upside potential. Market expectations for demand expansion have weakened, and whether the inflow of capital can be sustained remains a key factor. If regulation improves, target prices could be raised; otherwise, the downward revision will be validated.
March 18, Gate News reported that with Bitcoin experiencing a slight pullback, the funding rates on mainstream CEX and DEX currently show the entire market is bearish, indicating that market sentiment between bulls and bears remains tilted downward.
US Congressional Democrats introduced the "BETS OFF Act" legislation aimed at restricting predictive betting on wars and national security events to prevent speculation using sensitive information. The bill stems from unusual betting incidents, with Senators Murphy and Representatives Casar emphasizing the ethical controversies and systemic loopholes of such activities. If the legislation advances, it will impact blockchain-based event trading models.
