> Original Title: The Bear Case for Bittensor (TAO) > Original Source: Pine Analytics > Original Translation: Saoirse, Foresight News TAO is currently priced at approximately $275, with a market cap of $2.6 billion and a fully diluted valuation of $5.8 billion. The project has received institutional endorsement from Grayscale (an NYSE ETF listing application was submitted in December 2025) and public recognition from NVIDIA CEO Jensen Huang. Meanwhile, the token supply narrative is highly attractive: a hard cap of 21 million tokens with a Bitcoin-style halving mechanism. After the first halving in December 2025, daily issuance decreased from 7,200 tokens to 3,600 tokens. The number of subnets increased from 32 to 128 within a year.

Gate News reported that on March 24, a certain CEX announced the removal of the trading caution flag for IoTeX (IOTX). Through communication with the IOTX project team, the exchange received and reviewed detailed information regarding the security incident and subsequent response measures. The review determined that the reasons for designating the trading caution flag have been eliminated, and therefore decided to remove the caution flag.

2026年3月23日07:30から07:45（UTC）の時間帯において、ビットコイン（BTC）のリターンは+0.75％を記録し、価格範囲は67777.0から68336.6 USDT、振幅は0.83％となった。この期間、市場の取引活性度が高まり、資金の流れの構造に顕著な偏りが生じ、変動の激化が市場の注目を集めた。 今回の異変の主な要因は、クジラ資金が取引所から大規模に移動したことであり、チェーン上の大口送金の割合は89％に達し、取引所の流動性が急速に縮小し、買い注文が価格を主導する状況を引き起こした。

March 20 News: Monitoring shows that a whale opened a position with 40x leverage when Bitcoin briefly dropped below $69,000, with the position quickly increasing to $2.89 million at an average price of $68,896, unrealized gains of approximately $66,000, and a return rate of 89%. The whale has set a stop-loss order and plans to close the position at breakeven at $6.9.

ブルーオリジンは「Project Sunrise」を申請しており、太陽同期軌道に51,600基の衛星を展開し、AIの計算とデータ伝送を支える宇宙データセンターネットワークを構築する計画です。効率の向上を図る一方で、大規模展開にはコストや規制などの課題が伴います。

PEPE cofounder announced the launch of a new project on March 20th, providing income sources for token holders based on an exchange fee revenue model. Despite Shiba Inu launching Shibarium and integrating DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, the long-term value of meme tokens remains unstable. The specific name and mechanism of the new project have not yet been disclosed.

Gate News reports that on March 19, the South Korean government is preparing to launch a pilot project that will introduce blockchain-based deposit tokens for distributing fiscal subsidies. The project aims to test the application of blockchain technology in government subsidy disbursement.

ShareX recently launched a campaign called TreasureX Season 2 with a reward pool of 10 million dollars and partnerships with multiple global sharing economy brands. The campaign introduces a social task module that allows users to earn TreasureXP through content posting and participate in reward pool distribution. The project also emphasizes the connection between behavior and assets, aiming to expand into IoT networks and connect virtual and real-world consumption behaviors.

Venice launches a new crypto AI interface with end-to-end encryption and trusted execution environment, emphasizing "verifiable privacy." The VVV token price rose approximately 10% as a result. The project has strengthened data security, though some features are limited by unencrypted data and are currently only available to Venice Pro users.

Tempo blockchain project launched its mainnet on March 19th, introducing a Machine Payment Protocol (MPP) designed to support AI agents in conducting automated transactions. The project is built on stablecoins to enhance payment efficiency and reduce on-chain congestion. Tempo's launch is regarded as an important milestone in the convergence of AI and blockchain, potentially bringing new growth models to the digital economy, though it still faces challenges in security and compliance.