Global Markets

Gate News: According to the latest Gate TradFi data, MU (Micron) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

US President Trump plans to reorganize the "President's Council of Advisors on Science and Technology," inviting tech giants such as Zuckerberg, Huang Renxun, and Ellison to join, aiming to accelerate America's leading position in AI and semiconductor fields through public-private collaboration. The council will focus on AI policy and regulation, promoting a balance between innovation and technological safety.

On March 24, Bitcoin spot ETFs saw total net outflows of $74.5274 million, with Fidelity's FBTC recording net outflows of $45.3491 million. The historical cumulative net inflow reached $10.936 billion. Bitcoin spot ETFs have a total net asset value of $89.745 billion, with a net asset ratio reaching 6.4%.

On March 24, Ethereum spot ETFs recorded a total net outflow of $40.80 million, marking the fifth consecutive day of net outflows. BlackRock's Staked ETH ETF ETHB led with a net inflow of $2.18 million, ranking first with a historical cumulative net inflow of $163 million. In terms of net outflows, BlackRock's ETF ETHA saw outflows of $24.97 million, though its historical cumulative net inflow still stands at $1.187 billion. Total net assets under management reached $1.222 billion, representing 4.71% of market value share.

Cipher Digital (CIFR) stock rose approximately 9% in pre-market trading after signing a 15-year data center lease agreement with a major customer and securing a revolving credit facility of up to $200 million, which will facilitate the development of its high-performance computing facilities and strengthen its position as an AI infrastructure partner.

Bloomberg analyst Eric Balchunas stated that Bitcoin spot ETFs saw net inflows of $2.5 billion this month, with BlackRock's IBIT product turning positive in net inflows, demonstrating strong ETF capital resilience. Despite a 40% decline in Bitcoin's price, investors' willingness to hold remains significantly higher than that of gold investors a decade ago.

Gate News, On March 25th, UK challenger bank (emerging digital bank) Monument Bank plans to tokenize up to £250 million (approximately $335 million) in retail customer deposits on the Midnight public blockchain network, becoming the UK's first regulated bank to implement this initiative on a public blockchain. The relevant deposits will continue to accrue interest, be fully backed, and be protected by the UK Financial Services Compensation Scheme.

Veteran investor Simon Dixon criticized Michael Saylor's Bitcoin accumulation strategy, arguing that it exacerbates centralization risks and may expose Bitcoin to short-term trading and price manipulation, advocating a return to self-custody and long-term holding.

Veteran investor Simon Dixon criticized Michael Saylor's Bitcoin accumulation strategy, arguing that it may exacerbate Bitcoin centralization risks. He called for a return to self-custody and long-term holding rather than concentrated allocation through publicly traded companies.

Key Takeaways: Circle Internet Group partners with Sasai Fintech to foster the use of USDC in Africa It will focus on cross-border payment, remittances and mobile-first financial services This integration is expected to reduce costs, speed up transaction processing speed and promote the whole fi

Larry Fink envisions tokenization as a means to enhance global investment access by integrating stocks and bonds into digital wallets. This approach, allowing fractionalization of assets, aims to simplify trading and broaden market participation, albeit necessitating regulatory clarity for secure institutional integration.

The crypto market has seen a 1.35% rise, reaching a $2.44T capitalization, despite a 21.65% drop in volume. Bitcoin and Ethereum experienced gains, while top gainers included $GPM, $TRUMP, and $PEPE. DeFi TVL and NFT sales also surged, with key purchases and services announced.

Gate News reports that on March 25, according to SolanaFloor data, Solana spot ETFs recorded $4.63 million in net inflows yesterday, led by BSOL. To date, Solana spot ETFs have accumulated approximately $1 billion in total net inflows.

Gold is facing its longest losing streak in over a century, dropping 27% from its January peak, but recently rebounded slightly. Meanwhile, Bitcoin has outperformed, with significant inflows into Bitcoin ETFs, while gold ETFs see outflows.

On March 25, pre-market U.S. crypto concept stocks rose broadly, with COIN, MSTR, SBET, and BMNR up 2.99%, 3.3%, 3.63%, and 3.61% respectively. Meanwhile, decentralized RWA trading platform msx.com launched multiple U.S. stock and ETF tokens.

XRP is currently trading near $1.42, down 8% recently. Technical charts show the formation of a head and shoulders pattern. If the neckline breaks, it could decline to $1.15. ETF outflows and on-chain data indicate weakening market confidence, suggesting further selling pressure. Key support is at $1.37; a break below could trigger panic selling. To reverse the bearish trend, a close above $1.46 is needed. Investors should monitor support levels and capital flows.

Gate News report: On March 25, according to Bloomberg, Morgan Stanley, which manages $10 trillion in assets, will become the first major U.S. bank to issue and sponsor a Bitcoin ETF.

The recent outflows from Fidelity Investments highlight a shift in short-term investor behavior within the crypto market. In the United States, Bitcoin ETFs recorded net outflows of approximately $66 million during the same period, signaling a phase of adjustment rather than a major trend

Iran has proposed ceasefire conditions, including reparations and control of the Strait of Hormuz, but the United States considers them unrealistic. The US military buildup has heightened Iran's skepticism about peace negotiations, causing oil prices to soar and impacting commodities markets. Gold and Bitcoin have also experienced increased volatility, as global investors pay close attention to the development of the situation.

Despite the sharp decline in gold prices in March, recent recovery above $4550 demonstrates restored market confidence. Gold ETF demand remains robust, with SPDR Gold ETF assets under management approaching historical highs, reflecting investor focus on the long-term value of precious metals. While geopolitical tensions impact short-term prices, long-term investment demand remains strong.