CoinNetwork

Coinworld News: According to Iran's Islamic Republic News Agency, an Iranian Foreign Ministry spokesperson stated that Iran's position regarding the Strait of Hormuz and conditions for ending the war remain unchanged. Additionally, 24-hour monitoring of the Strait of Hormuz shows that current passage remains severely restricted.

"Mad Money" host Jim Cramer points out that market momentum has shifted to the bullish side, coinciding with a sharp reversal in Bitcoin's price and triggering massive short position closures. CoinGlass data shows Bitcoin's price surged above $71,000, causing over $300 million in short positions to be liquidated in just four hours. Overall, short positions exceeding $810 million were closed within 24 hours, primarily from Bitcoin and Ethereum positions. Cramer links this rebound to current market conditions, arguing that shorts are currently retreating amid a general increase in risk appetite

Coinworld News: AI-based cryptocurrency distribution operating system PeakAI completed a $2 million seed round of financing, with participation from Cogitent Ventures, Covey, CatcherVC, 10K Ventures, MARBLEX, PAKA, and ViaBTC Capital.

Coin界 News: According to on-chain analysis platform Lookonchain's post, stablecoin inflows slowed to $995 million last week, with DEX spot trading volume remaining flat while perpetual futures trading volume increased. Institutional demand remained positive, with multiple companies accumulating 2,436 BTC ($174 million), and a mysterious whale spending $264 million to purchase 122,400 ETH.

According to Coin界 News, MagicEden announced on the X platform that it will increase the proportion of core revenue allocated for ME token buybacks and staker dividends from the previous 15% to 30% in the third quarter.

Coin Circle News: According to Whale Alert's tweet, 1611 bitcoins (approximately $115 million) were transferred from an unknown wallet to another unknown wallet.

MicroStrategy announced plans to issue up to $44 billion in new shares, including $21 billion in common stock (MSTR), $21 billion in floating-rate preferred stock (STRC), and $2.1 billion in convertible preferred stock (STRK), to support future Bitcoin purchases. The company recently purchased 1,031 Bitcoin for $76.6 million funded from common stock, marking its smallest purchase in the past month, coinciding with STRC stock price falling below the $100 issuance threshold. Currently, the company holds a total of 762,099 Bitcoin, valued at over $54 billion, with an average purchase price of $75

Coinworld News, ME News, March 23 (UTC+8), according to CoinFound crypto concept stock data, Upexi, Inc. (NASDAQ : UPXI) stock price is currently trading at $1.20, with an opening price of $1.09 today, showing an intraday gain of 10.06%.

Coin界 News: Federal Reserve's Goolsbee: There may be situations where rate hikes are needed.

Clear Street Digital is expanding its cloud-native platform to offer U.S. institutions integrated spot trading execution and financing services for digital assets including Bitcoin, Ethereum, and Solana. The service is built on existing traditional asset infrastructure, providing a unified trading lifecycle from execution to custody. David Martin has joined the company as Chief Revenue Officer, bringing extensive experience in the cryptocurrency market from senior roles at FalconX and AsiaNext.

Coin World News: According to Onchain Lens monitoring, "Maji Big Brother" deposited $250,000 USDC into HyperLiquid and increased their 25x ETH long position, while simultaneously opening new 40x BTC long positions and 10x HYPE long positions.

Amazon's stock price prediction model shows 61% potential upside from current levels, with a five-year price target of $338 per share, primarily driven by CEO Andy Jassy significantly raising AWS performance expectations. Jassy currently forecasts that AWS annual revenues could reach at least $600 billion due to surging artificial intelligence demand, double the previous expectation of $300 billion. The $338 price target is based on 2030 revenue projections of $1.15 trillion, with AWS growing at approximately 17% annually to $282 billion, while other business segments contribute $864 billion.

Coin Circle News, according to Fox News: Trump stated that an agreement with Iran could be reached within 5 days, or even faster.

BitMine Immersion Technologies, led by investor (Tom Lee), has increased its holdings by 65,341 Ethereum (ETH) worth $138 million, bringing its total ETH holdings to over 4.66 million, representing 3.86% of Ethereum's total supply. The company has accelerated its purchase pace for three consecutive weeks, with a target to acquire and stake 5% of Ethereum. Lee stated that he believes the current "crypto winter" is coming to an end, despite the company currently holding $7 billion in unrealized losses on ETH.

Coinworld News: According to Onchain Lens, Machi deposited 250,000 USDC to HyperLiquid, while increasing its ETH (25x) long position, and opening new long positions in BTC (40x) and HYPE (10x).

Coinbiz News reported that according to a tweet from Wu Blockchain: Ethereum treasury company BitMine increased its holdings by 65,300 ETH last week, higher than the previous average speed of 45,000 to 50,000 ETH per week. As of March 22, the company's total Ethereum holdings reached 4.6609 million ETH, accounting for approximately 3.86% of Ethereum's total supply.