according to the on-chain analyst Yu Jin's monitoring, after the "Hyperliquid 50x leverage whale" increased their position, the price of Bitcoin dropped by $1000, and they are currently making a profit of approximately $5.78 million.

Cango, a company listed on the New York Stock Exchange, disclosed that it has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited (EWCL), aiming to acquire 10 million shares of Class B common stock from the company's co-founder at a price to be agreed upon by both parties. In addition, the letter of intent also requires Cango's founder to voluntarily convert all remaining Class B common shares held into Class A common shares, and to resign from the board of directors and executive positions. EWCL also suggests that Cango sell its existing domestic business and is willing to introduce potential buyers to promote overseas business growth, especially its newly launched cryptocurrency mining business.

according to on-chain analyst @ai_9684xtpa monitoring, CZ spent 1 BNB each in the past 15 minutes to buy 9161 TST and 20155 mubarak, worth $1200; as a result, both TST and mubarak saw different degrees of increase.

according to X platform, CZ has cancelled the previous Mubarak, Inshallah related elements pinned tweets.

Over the weekend, the price of XRP (XRP) compared to Ether (ETH) reached its highest level in five years, continuing its recovery. On March 15, the XRP/ETH pair hit 0.00128 ETH for the first time since April 2020, marking a 925% rebound from its all-time low in June 2024 and around 620% gains since November 2024. Market watchers are speculating that XRP could surpass Ether to become the second-largest cryptocurrency by market capitalization, with historical resistance levels indicating potential for significant rallies. XRP's market dominance has increased significantly since November 2024, while Ethereum has seen a decline in market share due to regulatory sentiment and competition from other blockchains like Solana.

Jason Calacanis, an early investor in Uber and Robinhood and a well-known angel investor, wrote on X platform that Bitcoin has been monopolized by some giants in the market, and now is the best time to build a better Bitcoin. "The game needs to be restarted." However, Jason Calacanis's views seem to have sparked different opinions in the industry. Brady Swenson, co-founder of Swan Bitcoin, said that Bitcoin is a technological revolution that changes all industries, rather than following a single technology adoption curve like the iPad. Bitcoin as a value transfer protocol will never be replaced, but the competition for second-layer protocols continues.

On March 16th, it was reported that with the establishment of Jsquare's first LP fund in the United States, the industry has also shown a high level of interest in Jsquare's secondary proprietary funds. Joanna, the Founding Partner of Jsquare, stated in X, "Currently, we not only have the recently announced new first LP fund, Jsquare Pioneer Fund I, but will also be active in the coming months. We also have our own liquid fund, which includes holdings of various DeFi Tokens, among others. Due to trading on exchanges, the holdings prices cannot be clarified immediately to all KOLs. We hope for your understanding that withdrawal prices do not equal holding prices."

 Francois Villeroy de Galhau, a member of the European Central Bank's management committee, said that the US support for cryptocurrencies and non-bank finance could trigger the next financial emergency. In an interview with the French weekly "Sunday Forum", he said: "The US may commit crimes due to negligence. Financial crises often originate in the US and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the US government is sowing the seeds of future unrest." Galhau added that European regulation is more secure and stated that there is no risk of a banking crisis in the EU.

James, the founder of DFG, responded to the news that the address of the suspected founder of DFG had accumulated 18.68 million US dollars worth of UNI and MKR: The address is one of Jsquare's own fund holdings, unrelated to DFG. He also stated that Jsquare recently completed a new round of fundraising of 50 million US dollars for its first-tier fund, and will invest heavily in projects in the coming months.

Earlier reports indicated that the suspected founder of DFG had accumulated 18.68 million US dollars worth of UNI and MKR, totaling 18.68 million US dollars.

On March 16th, Union interoperability protocol announced that the early draft of the Union token economics was leaked through Union Notion. The draft was created before Union Labs' Series A financing. Since then, there have been significant changes, and the document no longer represents the current thinking on Union token economics. No decisions have been made on any matters related to token economics at this time. The Union token economics team is continuously researching best practices from other projects and adjusting plans to provide the best service for the Union community in the long term.