Bitcoin recently dropped below $70,000, with technical indicators showing that the bear market is nearing an end. On-chain data indicates that 40% of Bitcoin is in loss, and the fear and greed index has fallen to extreme fear levels. The key support level is at $64,000, and resistance is at $72,000. It is expected that more time or new capital inflows will be needed to alleviate the current losses.

Gate News reported that on March 25, venture capital firm Kleiner Perkins announced it has raised $3.5 billion to support artificial intelligence market investments. The fundraising includes $1 billion raised by its KP22 fund, along with $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that current market fundamentals are favorable for expanding investment scale, market development is still in its early stage, and artificial intelligence is helping today's startups iterate and develop at an unprecedented pace.

Cursor released the Composer 2 technical report, introducing a complete training solution for its Kimi K2.5 MoE architecture, including two-stage training and a proprietary benchmark called CursorBench. After training, Composer 2 demonstrated significant performance improvements and outperformed other cutting-edge models in terms of inference costs.

Gate News reported that on March 25, venture capital firm Kleiner Perkins announced it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion raised by its KP22 fund, as well as $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that current market fundamentals are favorable for scaling up investment, the market development is still in an early stage, and artificial intelligence is helping today's startups iterate and develop at an unprecedented pace.

YZi Labs announced on March 24th the launch of the Atlas Scout program, aiming to recruit 5 to 10 students from top universities worldwide to manage investment projects. The program offers up to $1 million in funding support for early-stage projects in the Web3, AI, and biotechnology sectors, including institutions such as Stanford and Harvard. Participating students will receive rights such as investment decision-making authority, travel support, and access to resources.

The latest draft of the CLARITY Act, being advanced by the U.S. Senate, prohibits stablecoin service platforms from offering yield to holders, which could impact the business models of stablecoins. While the draft allows certain rewards unrelated to account balances, the vague "economic equivalence" provision has sparked market concerns. The act is expected to enter the review stage in April and will have far-reaching implications for the crypto industry.

Franklin Templeton holds a significant position in XRP due to its practical utility needs in cross-border payments and tokenization markets. The company's launch of an XRP ETF and supporting legal frameworks demonstrate institutional gradual adoption of crypto assets. Despite recent price declines, whales continue to accumulate, market sentiment is warming, and XRP is expected to stage a rebound.

At the Huawei China Partner Conference, Xiao Degang emphasized the close connection between AI technology and data storage, pointing out its role in promoting mutual empowerment. Through "Storage for AI" and "AI for Storage," synergistic development of technology and industry can be achieved.

Major League Baseball has reached a $300 million partnership agreement with prediction market platform Polymarket, aimed at enhancing transaction transparency and compliance for sporting events, marking an important signal of support for prediction markets in the sports industry. The agreement includes data sharing and market integrity mechanisms, though it faces state legal risks.

As on-chain data accumulates, the competition between permissioned and permissionless blockchains has entered a new stage. Ethereum's real-world assets exceed $16 billion, leading other public chains. Although private chain assets are massive in scale, they are primarily used for internal ledgers and lack liquidity. Experts generally agree that in the long term, permissionless public chains have greater advantages in liquidity and openness. Currently, most RWA projects adopt a hybrid model. Although private chains have advantages in compliance, applications are gradually concentrating on public chains.