The US stock market closed with the Nasdaq up 0.31%

According to on chain analyst @ ai_9684xtpa monitoring, PancakeSwap's 2021 OG Whale is suspected to have cleared 1.475 million CAKE worth 3.79 million US dollars 15 hours ago. This is the first time that the smart money has recharged CAKE to the exchange, or the coin price may rise due to the BSC craze. In addition, he once made a profit of $19.69 million by buying low and selling high WBTC, with a cost as low as $26395.

According to BlockBeats, on March 18th, David Duong, head of research at Coinbase Institutional, stated that the market almost universally expects the Federal Reserve to keep interest rates unchanged at this week's Federal Open Market Committee meeting, but investors should pay attention to any potential changes in the Fed's balance sheet reduction (i.e. quantitative tightening, QT) plan. In his report on Monday, he wrote, "We believe that the Federal Reserve may pause or end its quantitative tightening program, as bank reserve levels have approached 10-11% of US GDP, which is typically considered sufficient to maintain financial stability He stated that the recent cryptocurrency sell-off is mainly due to macroeconomic concerns and deteriorating liquidity conditions, but these factors may improve in the next quarter, providing support for asset prices. Cryptocurrency prices may bottom out in the coming weeks and then rebound to new highs later this year, "he concluded. （CoinDesk）

Foresight News reported that Delphi Ventures announced on X that it has invested in Ekubo Protocol, which was originally the Starknet ecosystem DEX and has now been deployed on the Ethereum mainnet through version v2.

Odaily Planet Daily News: Hasseb Qureshi, a partner at Dragonfly Capital, stated on X that after meeting with several members of the Ethereum Foundation (EF) at the ETH SF conference, his views on Ethereum have become more optimistic. Hasseb mentioned that EF now has a genuine sense of urgency and consensus, understanding that things need to change. The situation is no longer as it was in 2020, EF has realized this and they also hope that Ethereum will continue to maintain its important position. They are gathering opinions from investors and developers, and considering how to replicate Solana Superteam's success in the Ethereum ecosystem. The focus on research and academia is decreasing, with more emphasis on capital construction and entrepreneurial processes. The leadership of Ethereum has been criticized a lot, and you need to know this - these criticisms are working, they are listening, they are seriously considering how to adapt. Hasseb finally said, "I'm bullish on ETH right now

According to Foresight News, Bitfinex alpha published an analysis stating that the sustained outflow of funds from US spot Bitcoin ETFs (totaling $921.4 million last week) indicates that institutional buyers have not yet returned with sufficient strength to effectively offset market selling pressure. Short term holders are still facing net unrealized losses, exacerbating selling pressure. These investors, especially those who have bought in the past 7 to 30 days, are often the most prone to panic selling. From a historical perspective, when the inflow of new funds slows down and the trend of holding costs changes, it usually indicates that market demand is weakening. As the support for Bitcoin above critical levels gradually weakens, this trend becomes increasingly evident. If there are no new buyers entering, Bitcoin may experience a longer period of consolidation, and even further decline due to weak hands continuing to exit.