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QCP analysis indicates that Bitcoin is hovering around $74,000, maintaining range-bound oscillation with insufficient momentum. The overall crypto market is under pressure but with relatively limited declines. On-chain funds show buyers stepping in at lower levels. Spot trading volume is subdued, and short-term price action remains dominated by macro factors. On the options side, the 30-day implied volatility is around 50, higher than realized volatility, with put option premiums exceeding call option premiums, displaying a defensive structure. Bitcoin is not exhibiting high beta or stable saf

According to Decrypt, Bitcoin Depot, the world's largest Bitcoin ATM operator, disclosed "material weaknesses" in internal controls over financial reporting in its annual report. Additionally, the Connecticut Department of Banking has ordered the company to cease operations in the state due to failure to maintain necessary licensing. The company is currently working with regulators to restore compliance. Despite facing regulatory challenges, Bitcoin Depot still plans to increase its global machine installations to 10,000 units by the end of 2025 through acquisitions and organic growth.

According to Reuters, despite weeks of military operations by the United States and Israel against Iran and the resulting impact on Middle Eastern energy and transportation systems, the UAE's cryptocurrency industry has maintained overall operational stability. Industry insiders stated that because crypto companies primarily rely on cloud infrastructure and globally distributed trading platforms, employees can work remotely or temporarily leave the country while operations continue uninterrupted. Currently, there are no obvious signs of funds being withdrawn from the UAE due to the conflict. M

According to the official blog, Meta stated that it will adjust the product strategy for Horizon Worlds, its VR social platform. Starting March 31, 2026, Horizon Worlds and related activities will no longer appear in the Quest Store; by June 15, the app will be removed from Quest devices, and the VR version will cease service. Meta indicated that Horizon Worlds will transition to a mobile experience in the future.

According to SoSoValue data, Bitcoin spot ETFs recorded total net inflows of $199 million on March 17 ET, marking the 7th consecutive day of net inflows. The Bitcoin spot ETF with the largest single-day net inflows was BlackRock ((Blackrock) ETF IBIT, with net inflows of $169 million. Ethereum spot ETFs recorded total net inflows of $138 million yesterday, marking the 6th consecutive day of net inflows. The Ethereum spot ETF with the largest single-day net inflows was BlackRock (Blackrock) ETF ETHA, with net inflows of $81.6989 million.

According to Onchain Lens monitoring, the Kingdom of Bhutan's government transferred 596 BTC to 2 wallets, valued at $44.44 million. Within the past 19 hours, they transferred a total of 973 BTC, valued at $72.32 million, including 20.5 BTC worth $1.52 million sent to QCP Capital.

Bitcoin L1 native smart contract platform OP_NET announced that its mainnet will officially launch on March 19. The project aims to provide Bitcoin with programmable capabilities similar to Ethereum, enabling developers to build DeFi, gaming, and social applications on Bitcoin L1. Previously, OP_NET completed a $5 million funding round led by Further, with participation from ANAGRAM, UTXO Management, and others.

Stablecoin payments startup TransFi announced the completion of a $19.2 million funding round led by Turing Financial Group. The round includes $14.2 million in Series A equity financing and $5 million in committed liquidity financing. The new funds will support TransFi in building cross-border transfer services based on stablecoin settlement channels to become an alternative to traditional banking and SWIFT transfer processes, while also expanding its liquidity network and obtaining regulatory licenses in more emerging markets.