Bitget Morning Brief: Spot gold surpasses $4,600; this week sees $271 million in $TRUMP unlocks
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Bitget Morning Brief: Spot gold surpasses $4,600; this week sees $271 million in $TRUMP unlocks
Strategy may disclose its增持 data this week.
Navigating Web3 tides with focused insightsAuthor: Bitget
Today's Outlook
1. Powell responds to criminal investigation: Criminal subpoena is a "political pretext," vows to resist Trump pressure. Earlier, Jinshi reported that Federal Reserve Chair Powell said the U.S. Department of Justice threatened Friday to pursue criminal charges over his June Senate testimony last year regarding multi-year renovation work on a building. A grand jury subpoena was served last Friday.
2. Vitalik posts stating that the current crypto industry needs better decentralized stablecoins and still faces three unresolved issues: Ideally, find a more suitable tracking index than the USD price; design decentralized oracles that cannot be controlled by large amounts of capital; resolve the staking yield competition problem.
3. Michael Saylor once again shares Bitcoin Tracker information, with potential disclosure of new增持 data this week.
Macro & Highlights
1. Spot gold hits record high above $4,600 for the first time; spot silver reaches $83.9 per ounce, also an all-time high.
2. Michael Saylor: The top-performing assets over the past decade have been NVDA, MSTR, and BTC.
3. Goldman Sachs outlook for 2026: Strong U.S. economic growth alongside moderate inflation, with the Fed expected to cut rates twice more.
Market Trends
1. Over the past 24 hours, total liquidations in the cryptocurrency market reached $136 million, including $69 million long positions. BTC liquidation amounted to approximately $18 million, ETH liquidation around $21 million.
2. U.S. stocks: Dow +0.48%, Nasdaq -0.81%, S&P 500 +0.65%. Additionally, CRCL (Circle) +4.95%; MSTR (MicroStrategy) -5.77%, NVDA (NVIDIA) -0.1%.
3. Bitget BTC/USDT liquidation map shows: Current price around 91,540. Long liquidations are densely concentrated in the 89,000–90,500 range below, primarily involving high leverage of 50x/100x. If prices fall into this zone, there could be amplified downward pressure from forced selling. On the upside, short liquidations are gradually accumulating in the 92,000–94,000 range. An effective breakout above the current consolidation zone may trigger short covering, potentially accelerating upward momentum in the near term.
4. In the past 24 hours, BTC spot inflows were approximately $243 million, outflows about $207 million, resulting in net inflow of $36 million.
News Updates
1. Stablecoin payment company PhotonPay completes tens of millions of dollars in Series B funding led by IDG Capital.
2. Wall Street Journal: Venezuela uses USDT extensively for oil exports; Tether emphasizes strict compliance with international sanctions regulations.
3. Truebit hacker has laundered 8,535 ETH via Tornado Cash.
4. Nikolay Denisenko, co-founder of Lithuanian-licensed crypto platform Brighty (former Chief Backend Engineer at Revolut), reveals the firm has facilitated over 100 direct purchases of European apartments using cryptocurrencies for high-net-worth individuals, serving between 100–150 clients, with numbers growing rapidly.
Project Developments
1. A whale transferred another 26,000 ETH to exchanges to complete liquidation, realizing a profit of $269 million.
2. Bloomberg analyst: The U.S. SEC may decide on Morgan Stanley’s BTC ETF application as early as March 23.
3. Ethereum Foundation executive: Zero-knowledge technology is becoming a core focus of Ethereum’s mid-term roadmap.
4. Solana posted on X stating that X is becoming an all-in-one app, and soon Solana will be built into it.
5. Data: Tokens such as TRUMP, CONX, ARB will see large token unlocks this week, with TRUMP unlocking tokens worth about $271 million.
6. Data: MetaMask Prediction Markets generated only about $700,000 in notional trading volume during its first month.
7. Analyst Willy Woo: Classifying Bitcoin as a financial product in Japan will stimulate buying demand. Meanwhile, Willy Woo is optimistic about Bitcoin performance over the next 1–2 months but cautious about 2026.
8. BNB Chain Foundation bought $BinanceLife, $Hakimi, $WoTamaLaiLe, and $LaoZi within two days.
9. Yesterday, a Vitalik-associated address deposited 330 ETH worth $1.02 million to Paxos.
10. Anoma co-founder: The Cosmos ecosystem is nearing collapse, with multiple projects shutting down, moving to maintenance mode, or leaving.
Disclaimer: This report is AI-generated, with human verification only for information accuracy. It does not constitute any investment advice.
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