Due to the tense situation in the Middle East, there has been an outflow of funds from the U.S. spot Bitcoin ETF, with a net outflow of $171 million on Thursday, marking the largest redemption since March. At the same time, the price of Bitcoin has fallen below $70,000, and market risk aversion has increased. Although there is short-term pressure, there is still hope for long-term capital inflows. Analysts believe that future trends will be influenced by geopolitical factors.

Gate News reported that on March 17, "Fed whisperer" Nick Timiraos stated that the Federal Reserve may be more inclined to remain silent this week, but market expectations are forcing the Fed to outline its policy path. Two former Fed chairs told him they hope to avoid making predictions about rate cuts in the near term. Whether current Fed officials will adopt the same approach has become the core focus of this meeting. Hawks and doves may stick to their respective policy positions by pointing to the same economic shock.

CZ responds to the Forbes billionaire list mention, expressing hope that a certain CEX's valuation will rise, but admits it's difficult to achieve during a crypto downturn. He promises not to short and continues to promote the development of cryptocurrencies.

OpenAI abandons the expansion of the Stargate data center in Abilene, Texas, with Oracle, and plans to use a more powerful Nvidia GPU cluster. The current project is expected to be energized in a year, but they hope to deploy the next-generation chips as soon as possible. Oracle is facing funding issues, which may impact infrastructure development.

Solana (SOL) has recently continued to weaken, breaking through the $85 and $82 support levels, with market sentiment cautious. Traders are watching the key support level at $80; if it breaks, the price could continue to decline to $72. Technical indicators show a bearish trend, but there is still hope for a short-term rebound, which requires breaking through the $85.50 resistance to improve the market condition.

The Korea Financial Services Commission plans to impose stricter restrictions on corporate use of stablecoins, including banning the purchase of stablecoins pegged to the US dollar. This policy will significantly impact corporate crypto investments and cross-border payments, although some companies hope for more relaxed policies to reduce exchange rate risk. Regulators favor handling international settlements through the traditional banking system and are developing new policy frameworks.

Co-founder Jeff Yan of Hyperliquid expressed his vision during an interview that the platform can continue to be used and withstand the test of time. He emphasized the difference between Hyperliquid Labs and the platform and plans to build Hyperliquid into a financially neutral platform.

Solana Policy Institute President Kristin Smith commented on the legislative progress of the "Clarity Act," stating that despite facing resistance, the complexity of the bill ensures its long-term viability. The involvement of the White House and traditional financial institutions in negotiations are new features. If the Senate can complete review by March or April, there is hope to push the legislation forward before July. Trump's support also increases the likelihood of the cryptocurrency legislation passing.

BlockBeats News, on March 6, Ethereum founder Vitalik Buterin stated that prediction markets help us better understand the world and the near future. I hope prediction market projects can further optimize in this direction, especially with more conditional markets. BlockBeats has launched a prediction market section where users can subscribe to exclusive updates.