Negotiation Uncertainty Dominates Markets, Risk Assets Show Resilience Amid Volatility
Summary
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Macro: Markets remain focused on developments in U.S.–Iran negotiations. As Iran’s stance turns more hawkish, oil prices rebounded from intraday lows to close up 3.29%. Meanwhile, the negative correlation between equities and oil has weakened—despite rising oil prices, U.S. equities did not reverse lower, with all three major indices posting gains, reflecting underlying resilience in risk appetite.
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Crypto Market: Reports indicate that Morgan Stanley’s Bitcoin ETF (MSBT) has received official listing approval from the New York Stock Exchange, briefly pushing Bitcoin up by 0.48%. However, with geopolitical risks still unresolved, sentiment recovery remains limited, and Bitcoin continues to trade in a $70,000–$72,000 range.
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Project Updates
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Trending Tokens: SIREN, TAO, MON
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ONDO: Franklin Templeton and Ondo Finance launched a 24/7 tradable ETF, driving ONDO up 6.6% in the past 24 hours
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SIREN: SIREN saw another wave of strong price control dynamics, rebounding 102% over the past 24 hours
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CC: Visa announced it will become a super validator on Canton Network; CC spiked briefly before retracing
Major Asset Performance (as of March 26, 2026, 00:00 UTC)
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BTC: $71,333.10 (+1.10%)
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ETH: $2,168.99 (+0.59%)
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S&P 500: 6,591.90 (+0.54%)
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NASDAQ: 21,929.83 (+0.77%)
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WTI Crude: $91.28 (+3.29%)
Crypto Fear & Greed Index: 10 (vs. 14 24 hours ago), Extreme Fear
Today’s Outlook
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SOON: soonBase L3 network will shut down on March 26 to reallocate resources toward AI-driven capital markets
Macro Economy
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Pakistan has delivered a peace proposal to the U.S.; Iran rejected a ceasefire, stating negotiations with the U.S. are “illogical”
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Iran proposed five conditions for a ceasefire, stating negotiations can proceed only after acceptance
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The White House plans to hold talks in Pakistan this weekend to discuss ceasefire options
Crypto Policy
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The U.S. House of Representatives held a hearing to advance securities tokenization, with the SEC proposing an innovation exemption framework
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The UK is set to release a political financing review, expected to ban crypto donations
Industry Highlights
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Bloomberg ETF analysts report that Morgan Stanley’s Bitcoin ETF MSBT has received official NYSE listing approval
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Strategy plans to launch a dedicated Bitcoin security program
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Franklin Templeton and Ondo Finance introduce a 24/7 tradable ETF
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ChatGPT shifts shopping experience toward photo-based price comparison, with Walmart and Shopify integrating simultaneously
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Metaplanet announces a Bitcoin cashback credit card
Weekly Outlook
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March 26: SOON: soonBase L3 network shutdown, reallocating resources toward AI capital markets
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March 27: Final readings of U.S. Michigan Consumer Sentiment Index and 1-year inflation expectations; Bitcoin quarterly options expiry exceeding $14 billion in notional value