CoinMarketCap's Altcoin Season Index is currently at 49, indicating a near-neutral position. According to NS3.AI, the index is determined by evaluating the 90-day price performance of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins, in comparison to Bitcoin.

According to Gate data, spot platinum fell more than 3% to $1857.35 per ounce. Spot silver fell sharply by $3 to $64.84 per ounce, a drop of 4.43%. Spot gold fell sharply by 2.00% to $4407.89 per ounce.

Natural gas prices at the Waha trading hub in the Permian Basin, Texas, experienced a significant drop last week, reaching as low as -$9.75 per million British thermal units. According to Jin10, the region, which accounts for approximately a quarter of U.S. natural gas production, has seen increased oil output due to heightened tensions between the U.S. and Iran. This rise in oil production has led to a corresponding increase in natural gas output. However, limited infrastructure has resulted in a localized surplus of natural gas, forcing producers to flare excess capacity.

As prediction market platforms like Polymarket gain mainstream attention during US election cycles and geopolitical events, their prices are increasingly cited as real-time signals. However, this premise fails when contracts create economic incentives for participants to alter the outcomes they measure. The core issue lies in product design, not volatility. When an outcome can be achieved by a single actor through a single action, the contract transforms from a predictive tool into an execution script. The article cites Super Bowl stadium crash betting as an example, pointing out that traders have actually performed this action after betting "yes." Political and event-driven markets are particularly vulnerable because they often rely on discrete nodes that can be influenced at low cost and have low liquidity. If participants begin to suspect that outcomes are being manipulated, the platform will lose credibility. The article argues that the sports market, due to its high visibility, multi-layered governance, and multi-party participation structure, is more difficult to manipulate at the individual level and should serve as a structural reference. Prediction market platforms should establish clear listing standards to exclude contracts that can be manipulated at low cost by a single participant or that constitute a bounty for harm; otherwise, external regulation will intervene.

Pakistan has instructed cricket enthusiasts to watch the country's premier tournament on television instead of attending in person. Bloomberg posted on X, highlighting that this measure is part of efforts to conserve fuel as the ongoing conflict in the Middle East continues to impact Pakistan's economy. The directive aims to reduce fuel consumption during a time of economic strain, reflecting the broader challenges faced by the nation due to regional instability.

Global liquefied natural gas (LNG) exports have fallen to their lowest level in six months, impacted by the ongoing conflict in the Middle East. Bloomberg posted on X that recent supply additions from the United States and other regions have been negated by disruptions in the flow of LNG. The geopolitical tensions in the Middle East have significantly affected the global energy market, leading to a decrease in LNG exports. This decline comes despite efforts to boost supply from various countries, including the U.S., which had been increasing its LNG output. The situation underscores the vulnerability of energy markets to geopolitical instability, with the Middle East conflict posing challenges to maintaining consistent supply levels. As the situation evolves, the global energy sector remains on alert for further disruptions that could impact supply chains and market stability.

On March 22, South Korean President Lee Jae-myung nominated Shin Hung-song, head of the Monetary Economics Department of the Bank for International Settlements (BIS), to be the governor of the Bank of Korea. Shin Hung-song stated last August that a stablecoin for the Korean won is a "shortcut to effectively circumvent existing foreign exchange controls" and could open a channel for capital outflows. He resigned from his BIS post immediately after the nomination. Lee Jae-myung had previously listed the issuance of a stablecoin for the Korean won as a core campaign issue, but the Bank of Korea has consistently blocked related legislation. Several large South Korean technology companies have been waiting for stablecoin policies to be implemented for months. A report released by the BIS last year pointed out that stablecoins do not possess the function of stabilizing currency and may pose risks to financial stability and monetary sovereignty. Industry insiders say that Shin Hung-song's stance on stablecoins after taking office will be closely watched.

Ethereum's price fluctuations could lead to substantial liquidation events on major centralized exchanges. According to ChainCatcher, data from Coinglass indicates that if Ethereum surpasses $2,155, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $951 million. Conversely, if Ethereum falls below $1,952, the cumulative liquidation intensity of long positions will amount to $406 million.

Bitcoin is the most liquidity-sensitive asset globally, so if countries print money like crazy to support ongoing military conflicts, we should be optimistic about the performance of this cryptocurrency.

According to Onchain Lens monitoring, Machi Big Brother's (@machibigbrother) ETH 25x leveraged long position was liquidated again, and shortly thereafter he opened a new ETH 25x leveraged long position. Currently, his wallet balance is only $32,000, and his cumulative losses have exceeded $30.35 million.

According to Checkonchain's difficulty-based cost model, the average production cost for Bitcoin miners is approximately $88,000, while the current market price is around $69,200, resulting in an average loss of about 21%. Bitcoin previously fell from $126,000 to below $70,000, and the recent rise in oil prices above $100 has further increased electricity costs. The actual closure of the Strait of Hormuz has tightened global oil and gas supply expectations, exacerbating cost pressures on miners. At the network level, mining difficulty decreased by 7.76% to 133.79 trillion in the latest adjustment, one of the largest drops this year, down about 10% from the beginning of the year. Hashrate fluctuates between approximately 900 and 950 ables per second, below the 1 able milestone expected in 2025, and the average block time has increased to approximately 12 minutes and 36 seconds. The hash rate hovers around $33 per PH/s, close to the break-even point for most miners. Currently, approximately 43% of the Bitcoin supply is operating at a loss. When mining revenue cannot cover operating costs, miners typically sell Bitcoin to cover expenses, increasing selling pressure in the market. Several publicly listed mining companies, including Marathon Digital and Cipher Mining, are shifting resources to AI and high-performance computing businesses. Bitdeer has reduced its Bitcoin holdings to zero, and Core Scientific plans to sell a large amount of its inventory to fund AI-related infrastructure construction. The next difficulty adjustment is expected in early April, and if the current situation persists, it may be further reduced.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3004, providing you with the latest and fastest news on the digital currency and blockchain industry.

On March 17, Mastercard announced its acquisition of BVNK for $1.8 billion, including a $300 million performance-based earnout.

Just now, Australia, the country in the Southern Hemisphere that loves surfing and kangaroos, suddenly dropped a bombshell.

For a long time, both regulators and practitioners have held the habitual mindset of equating tokens with securities.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

The AI ​​narrative continues to unfold, but the recent performance of related stocks has been mixed, with some experiencing a boom while others are in the dead of winter.

For nearly three weeks since the start of the Iran-Iraq War, markets have been holding onto a comforting bet: the energy supply disruptions would be temporary, the Strait of Hormuz would reopen, and the Federal Reserve's rate-cutting cycle would resume as scheduled. Over the past week, that bet has completely collapsed.

Cryptocurrency, Conversation with Ed Chin and Tejas Nalval: This Time Cryptocurrency's Fate Is Very Different - Golden Finance, In-Depth Analysis of the Sellers Behind the 1010 Crash.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3003, providing you with the latest and fastest news on the digital currency and blockchain industry.