K33 research reports that Bitcoin has recently been oscillating in the range of $60,000 to $75,000, with weakening selling pressure in the market, showing characteristics of establishing a bottom. Long-term holders tend to hold their coins, which helps stabilize prices, but macroeconomic uncertainties remain that may affect risk appetite and capital inflows.

Bitcoin price fluctuates around $70,700, with a monthly gain of approximately 10%. Retail investors and whales are simultaneously accumulating Bitcoin, with a surge in capital inflows, but this could bring selling pressure. Derivatives markets show bullish sentiment, yet spot selling pressure may trigger liquidations. The key technical support level is at $70,700, requiring close attention to market dynamics.

Meta has launched a new stock option incentive plan requiring executives to boost the company's market value to $9 trillion by 2031 to fully realize the value. This marks the first stock option grant since the 2012 IPO, involving six core executives. Meta's plan is similar to Tesla's but with a tighter timeline. Intensified competition for AI talent has increased stock compensation costs, with related expenditures expected to account for 96% of free cash flow in 2025.

Strategy is poised to become the largest corporate Bitcoin holder, but faces concentration risk, quantum computing threats, and portfolio diversification issues that could impact its ability to accumulate more. Analysts point out these are key areas of concern, yet there are no signs these will trigger large-scale risks.

Bittensor (TAO) experienced a strong rebound to $308 on March 25, gaining 18%. The rally was primarily driven by short squeezes, but weakening inflow intensity suggests bearish divergence. The current price is approaching key resistance, with subsequent moves dependent on whether it can break through $310 and spot fund entry.

10x Research analysis indicates that Circle and a certain CEX face intensifying stablecoin economic competition. Circle's stock price declined due to CLARITY Act uncertainty, but the act could bring structural benefits. Circle supports stablecoin regulation in exchange for legitimacy, while the certain CEX prioritizes short-term profitability. Their business models are opposing—under regulation, Circle may forgo high-profit distribution in exchange for sustained "regulatory certainty" and drive institutional adoption and financial integration.

BlockBeats News, March 25th, according to Lookonchain monitoring, the whale that previously "sold 255 BTC to short" has opened a 40x short position of 1000 BTC (approximately $70.7 million) and a 20x long position of 202,155 xyz:BRENTOIL ($19.25 million). Both positions are currently in a loss state. The whale was once up $25.16 million in floating gains, but is now down $33.39 million in floating losses.

On March 25, the precious metals market surged strongly, with gold rising to $4,578.25 per ounce and silver rising to $73.917 per ounce. In terms of crypto market volatility, the BTC volatility index declined while the ETH volatility index rose slightly. In the foreign exchange market, the US dollar weakened slightly against the Chinese yuan and rose modestly against the Japanese yen. Global stock indices rose broadly, but WTI and Brent crude oil prices fell. The Gate platform supports users in one-stop trading of multiple financial products.

Jump Trading responded to a lawsuit filed by Terraform Labs, calling it an attempt to evade SEC penalties and shift responsibility, demanding dismissal of the allegations. The lawsuit accused Jump of market manipulation and fraud, seeking damages of $4 billion, but Jump argues the lawsuit lacks merit and is time-barred.

Morgan Stanley's Head of Digital Asset Strategy Amy Oldenburg stated that Wall Street's development of crypto businesses stems from years of infrastructure modernization work, not FOMO. The firm has expanded into trading, asset management, and other areas, and plans to support tokenized equity trading in the second half of 2026, but faces challenges with core system upgrades.