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Foresight News reports that Wintermute stated in an article that the four-week de-escalation window is coming to an end, yet there are still no signs of resolution. Brent crude oil prices remain above $112, the Strait of Hormuz is effectively closed, and the probability of interest rate hikes continues to climb. The macro ceiling for risk assets is lower than it was a month ago, making it difficult for Bitcoin prices to stay above $70,000 for long. The March 27th expiry date not only cleared $14 billion of risk exposure, but also eliminated the delta hedging flows that previously kept spot prices fluctuating around key strike zones. Without this passive buying and selling structure to provide support, the market is more susceptible to one-sided moves due to reduced liquidity. Coupled with negative ETF flows in Bitcoin and Ethereum, and high perpetual contract leverage but with no clear direction amid cyclical low volatility, this type of market landscape is unlikely to evolve slowly—it is more likely to erupt suddenly. If credible diplomatic progress is made and oil prices fall back to around $100, short sellers will risk being squeezed and Bitcoin may rebound to the $70,000–$74,000 range. If de-escalation continues, the $74,000 resistance could be tested. Conversely, if the situation escalates further and oil prices surge to $120, Bitcoin could drop just above $60,000, or, if the cycle repeats, even fall to the $50,000–$55,000 range. More importantly, the directional issue here is secondary compared to the market structure itself. Perpetual contract leverage is high, funding rates are fluctuating within the narrowest range on record, and volatility is compressing. Regardless of which way the catalysts play out, the market structure suggests that the resulting price swings will far exceed the levels currently reflected in spot, perpetuals, and options pricing.

According to ChainCatcher, the US licensed bank Cross River Bank has completed a $50 million funding round. The funds came from a fund under T. Rowe Price, and the raised capital will be used to further expand its artificial intelligence and cryptocurrency business. After the completion of this funding round, Cross River Bank’s valuation is slightly above $3 billion. According to sources familiar with the matter, the specific valuation was not disclosed. This round involved participation from existing investors, with no new shareholders introduced. Cross River Bank is focused primarily on serving fintech companies.

According to official news reported by Odaily, Bitget has announced a strategic partnership with AI platform MuleRun to jointly launch a self-evolving AI trading assistant. This assistant integrates the financial data ecosystem of Bitget Agent Hub with MuleRun's 24/7 cloud-based AI operating environment, allowing users to receive institutional-grade market signals through daily conversations and build automated trading workflows. Through this collaboration, MuleRun users can access 19 data tools via Bitget Agent Hub, including cryptocurrencies, US stocks, commodities, and 16 macroeconomic indicators. The underlying data can also be transformed into professional AI skills such as macro analysis, technical analysis, and sentiment analysis through Bitget Skill Hub, further lowering the barrier for users to process complex cross-market information. This partnership also further expands Bitget's “agent-native” trading infrastructure capabilities within the panoramic UEX exchange ecosystem, providing more comprehensive support for the implementation of AI Agent applications in multi-asset trading scenarios.