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The price of Bitcoin continues to be pressured below $72,000, and four on-chain data points indicate weakening market demand, putting short-term upward potential under pressure: 1. Glassnode's Accumulation Trend Score (ATS) is close to zero, indicating that large holders are reducing or stopping their accumulation of BTC. This trend is similar to early 2025 when the price of Bitcoin fell to $74,500. Small to medium-sized holding entities (less than 1,000 BTC) are also showing a "distribution or inactive" state.Santiment points out that Bitcoin whale activity is "historically low," with only 6,417 transactions exceeding $100,000 last week, and transactions over $1 million dropping to 1,485, the lowest level since October 2024. Analysts say that smart money is taking a cautious wait-and-see approach due to the uncertainty surrounding the CLARITY Act and the war outlook.CryptoQuant's network activity index has been declining since August 2025, reflecting a decrease in overall on-chain demand. The fundamental indicators from Bitcoin Vector also show weak network liquidity and growth, with market conditions described as "stably lacking support." Short-term increases rely more on capital flow, short covering, or external catalysts rather than natural growth.Bitcoin's hash rate has significantly decreased to 813 EH/s over the past few weeks, down 22% from 1.2 ZH/s on March 5. Rising energy costs and geopolitical conflicts have led to hash rate earnings of less than $34 per PH/s/day, with most miners facing losses. Token Metrics analysts warn that if the difficulty drops more than 5% within a week, the exit of miners may accelerate, potentially increasing spot selling pressure further.

Bitget recently released a promotional video for UEX, centered around the core proposition "Switch to Bitget, the Universal Exchange," interpreting a multi-asset unified trading scenario and encouraging traders to switch from fragmented single-asset platforms to an integrated cross-market trading entry.In response to the current macro environment where the correlation between cryptocurrency, U.S. stocks, gold, and foreign exchange markets continues to strengthen, Bitget previously upgraded the app's interactive experience, integrating crypto assets, stocks, and CFD products into a unified trading entry, allowing users to perform cross-market operations on the same interface, shortening the operational path by about 30% compared to the industry's conventional processes.Bitget CEO Gracy Chen stated that the traditional fragmented trading methods are causing users to continuously lose Alpha opportunities, and the goal of the panoramic exchange UEX is to eliminate operational friction between different markets, providing users with a unified and efficient global asset trading entry.

The Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, introduced the development of stablecoins and digital renminbi in Hong Kong, stating:The People's Bank of China and the Hong Kong Monetary Authority are working closely together to optimize the arrangements for digital renminbi. Currently, the number of mainland operating institutions responsible for operating digital wallets has increased from four to five, while the number of local Hong Kong banks participating in the "Faster Payment System" for digital wallets has increased from 17 to 18. The number and usage of digital wallets opened with Hong Kong mobile numbers have shown stable growth.According to the People's Bank of China, as of the end of January 2026, approximately 80,000 digital wallets have been registered. The Hong Kong Monetary Authority and local banks have been actively promoting the application of digital renminbi in Hong Kong. Currently, the number of local merchant retail points accepting digital renminbi has increased from about 300 to approximately 5,200, covering chain retail stores, hotels, travel agencies, restaurants, convenience stores, and supermarkets.The People's Bank of China and the Hong Kong Monetary Authority are exploring the arrangements and feasibility for upgrading digital wallets to increase their usage limits, expand application scenarios, and enhance user experience. As the policies and technical details involved still require in-depth discussion, specific plans and timelines are yet to be finalized.Stablecoins and central bank digital currencies (such as digital renminbi), as well as other new payment tools, including tokenized deposits and cross-border connections for rapid payment systems, have the potential to be applied in transaction settlements, local or cross-border payments, and other scenarios, provided they comply with relevant legal and regulatory requirements.These payment tools each have their own characteristics and varying degrees of maturity, and their future development prospects are largely determined by market forces. The government and financial regulatory agencies will continue to explore the potential and application scenarios of various new payment tools, better leveraging their synergies to address more pain points in the real economy.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 15, an increase of 5 points from yesterday. The average over the past 7 days is 12, and the average over the past 30 days is 13.

According to Coinglass data, recently, Strategy and on-chain whales have significantly accelerated their accumulation of Bitcoin.The balance of Bitcoin in CEX wallets has reached a nearly two-year low, totaling 2,463,300 coins. In the past 24 hours, there has been a net outflow of 8,323.72 Bitcoins from CEX. Over the past 30 days, the net outflow has reached 32,190.17 coins.

According to The Information, SpaceX plans to submit its IPO application as early as this week.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 10, up 1 point from yesterday. The average over the past 7 days is 14, and the average over the past 30 days is 13.

The cryptocurrency asset management company CoinShares has submitted an application related to the Bitcoin Volatility ETF, with the code CBIX.

Judge Lewis Kaplan of the Federal Court for the Southern District of New York ruled to deny the motion to dismiss filed by the defendants in the TradeAI/Stakx case, allowing the case to proceed.The case was brought by the cryptocurrency law firm Burwick Law, accusing multiple defendants of operating a fraudulent scheme resembling a Ponzi scheme using NFTs and cryptocurrency investment pools, promising high returns to investors. The estimated losses have exceeded $20 million, with a total scale of approximately $440 million involved. The court rejected all defense arguments from the defendants regarding jurisdiction, venue, and service of process.Regarding defendant Cyrus Abraham's refusal to respond to the lawsuit on the grounds of technical defects in the service of process, the judge clearly stated that litigation is not a game of hide and seek, requiring Abraham to disclose his current residential address to the plaintiff's law firm by March 31, or he would face a default judgment and further sanctions. The court also officially extended the deadline for service to April 22 and has allowed alternative methods of serving legal documents through Ethereum wallets, email, and social media.

Analysts say that the IoTeX private key may have been leaked, resulting in asset losses of approximately 4.3 million dollars; IoTeX officials reported on-chain attack losses of about 2 million dollars.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 9, up 0 points from yesterday. The average for the past 7 days is 16, and the average for the past 30 days is 13.

According to The Block, Grayscale has submitted an S-1 application to the U.S. SEC, planning to launch the Grayscale HYPE ETF (ticker: GHYP). This fund aims to track the spot price of the Hyperliquid (HYPE) token and is intended to be listed on Nasdaq, with custody provided by Coinbase Custody.The current document clearly states that HYPE staking functionality will not be provided at this time, but it reserves the possibility of staking in the future upon meeting certain conditions.

According to data from Alternative.me, the cryptocurrency Fear and Greed Index has dropped to 10 today, indicating that the market is in a "state of extreme fear." This week, the index briefly surged to 28.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 9, down 2 points from yesterday. The average over the past 7 days is 18, and the average over the past 30 days is 13.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 11, up 1 point from yesterday. The average over the past 7 days is 19, and the average over the past 30 days is 13.

According to Jinshi Data, the Shanghai Stock Exchange has accepted the IPO application of Yushu Technology Co., Ltd. for the Sci-Tech Innovation Board, with a proposed financing amount of 4.202 billion yuan.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 10, down 14 points from yesterday. The average for the past 7 days is 20, and the average for the past 30 days is 13.

According to BBX data, yesterday global listed companies made breakthrough progress in the fields of "financial diversification" and "compliance custody," with the core data as follows:$10 million cryptocurrency purchase plan: Acurx Pharmaceuticals (NASDAQ: $ACXP) board officially approved the allocation of $10 million for the purchase of Bitcoin yesterday. As a biopharmaceutical company, ACXP clearly stated that this move aims to leverage the anti-inflation properties of BTC to hedge against the depreciation risk of long-term R&D funding.10% cash asset allocation: Enfusion (NYSE: $ENFN) announced an update to its financial guidelines, planning to allocate 10% of redundant cash on its balance sheet in batches to BTC and ETH. This financial software giant plans to use crypto assets to enhance the overall risk-adjusted return of its treasury.$5 million increase: Nature's Miracle (NASDAQ: $NMHI) confirmed the launch of its first $5 million Bitcoin strategic treasury plan yesterday, marking the formal acceptance of crypto assets as reserve currency by companies in the agricultural technology sector.40% custody growth: Bakkt (NYSE: $BKKT) Q4 forecast data shows that its enterprise-level crypto asset custody scale has increased by 40% year-on-year. This reflects a significant increase in the reliance of non-native crypto companies on compliant third-party custody institutions when entering the market to purchase cryptocurrencies.