Gate News Update: On March 21st, according to Alternative.me data, the Cryptocurrency Fear and Greed Index rose to 12 today (the index was 11 yesterday), with the market in an "extreme panic state."

On March 21st, the US stock market opened lower and closed lower overall, with all three major indices ending in the red. The Dow Jones fell 0.97%, the S&P 500 declined 1.51%, and the Nasdaq dropped 2.01%. Technology stocks performed poorly, with Super Micro Computer plunging over 33%. Cryptocurrency-related stocks were also hit hard, with multiple individual stocks declining.

Hugging Face CEO Clément Delangue commented on the application of Chinese open-source models in AI products, noting that open source fosters competition. He highlighted that China is becoming a key player in global AI technology and emphasized that the focus of competition lies in the speed and capability of adaptation and fine-tuning.

Dark Side of the Moon's official account congratulated Cursor on the release of Composer 2 and revealed an authorized collaboration with Kimi K2.5. Cursor's co-founder confirmed the use of Kimi's foundation model, emphasizing technical details and model composition. Both founders acknowledged that failing to properly credit the foundation model source was an oversight and will improve this in the next release. Elon Musk also participated in the discussion, increasing topic visibility.

2026-03-20 21:15 to 21:30 (UTC), BTC recorded +0.52% return in 15 minutes, with a price range of 70124.0 to 70586.6 USDT, and amplitude of 0.66%. This round of volatility occurred against a backdrop of increased market attention and heightened fluctuations, with both on-chain and market participants showing highly active behavior. The main driver of this volatility was whale funds (entities holding >=1,000 BTC) making a net inflow of 4,091.39 BTC to exchanges within 24 hours, data significantly exceeding the average for the same period. Concentrated net inflows

2026-03-20 21:15 to 21:30 (UTC), ETH price achieved a +0.83% return rate within 15 minutes, with the K-line price range of 2134.17 - 2153.4 USDT and an amplitude of 0.90%. Market attention notably increased, trading volume significantly expanded, and on-chain transfer volume grew 9% month-over-month, marking a further increase in market activity. The main driver of this price movement was whale large transfers bringing increased exchange inflows and significant long position accumulation. Within the anomaly window, three large transfers exceeding 5000 ETH each flowed in and out respectively at

Grayscale has filed an application to list the Grayscale HYPE ETF, which will track Hyperliquid's HYPE token. If approved, it will be listed on Nasdaq under the ticker symbol GHYP. HYPE staking is currently prohibited, but may be permitted in the future if staking conditions are met. Other institutions such as 21Shares and Bitwise have also submitted related applications.

New York State Congressman Alex Bores faced mail attacks from Think Big PAC during the Democratic primary, with accusations linking him to Sam Bankman-Fried's political network funding. Bores advocates for AI safety legislation while facing intense competition from other candidates in his campaign.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.