Gate News reported that on March 17, Polymarket prediction market data showed that the market is betting on a 30% probability of the Federal Reserve cutting rates once by 25 basis points this year, a 23% probability of no rate cuts, and a 23% probability of cutting rates twice for a total of 50 basis points. Currently, the trading volume on this prediction market exceeds $10.25 million.

On March 17, PolyBeats detected that a new address deposited $38,700 on Polymarket to buy the option "Extended's FDV exceeds $300 million on its first day of launch," with the current probability at 36%. Extended is a non-custodial perpetual contract trading exchange based on Starknet, with core mechanisms including unified margin and multi-asset collateral. It previously raised $6.5 million in funding in April 2024.

Gate News Update: On March 17, according to monitoring by onchainschool.pro, some VVV whale token holders are selling off tokens. One address has unstaked and is gradually selling approximately $600,000 in VVV tokens, and this address still holds VVV worth $600,000. Additionally, a bot account holding approximately $200,000 in tokens is continuing to sell. As of press time, VVV is trading at $5.63, with a 24-hour decline of 8.1%.

On March 17, Lookonchain detected that Abraxas Capital opened 146,601 crude oil short positions on the decentralized derivatives platform Hyperliquid, using 10x leverage, with a notional value of approximately $13.98 million. The associated wallet has a historical profit of $165.94 million.

17 มีนาคม สต็อกทองแดงของ London Metal Exchange พุ่งสูงขึ้นถึง 18,775 ตันครึ่ง ซึ่งเป็นระดับสูงสุดนับตั้งแต่ปี 2019 ทำให้ราคาทองแดงตกอยู่ภายใต้ความกดดัน ราคายุบลงกว่า 1.4% ในช่วงเวลาสั้น ๆ นักลงทุนมากมายที่เปิดบัญชีซื้อของ on-chain กำลังเผชิญกับการสูญเสียที่ยังไม่หักกลบ นักลงทุนมากมายที่สุดสูญเสียขยายไปถึง 41%

Stripe and Paradigm's jointly developed new Layer 1 blockchain, Tempo, is expected to launch its mainnet by the end of March, adopting a dual-track model focused on payments and DeFi. The mainnet will not issue tokens, and the team will wait for better market conditions to design the tokenomics model.

Matrixdock launched the institutional-grade silver token XAGm on March 17, bringing physical silver into on-chain finance. The token is backed by silver ingots that comply with LBMA standards and utilizes Matrixdock's FRS issuance framework, ensuring a verifiable relationship between on-chain tokens and underlying assets, with initial deployment on the Ethereum network. This marks a further expansion of the on-chain precious metals reserve asset system.

On March 17th, Abraxas Capital increased its position by 25,100 WTI crude oil short contracts on-chain, bringing total position size to $14.9625 million with an average price raised to $93.39. Currently, this position has a floating loss of approximately $514,300, with liquidation price at $144.39. This address was previously the largest position whale on Hyperliquid and currently holds 34,000 BTC.

Polymarket platform sparked public controversy when an Israeli journalist reported on Iranian missile attacks, with the journalist facing threats demanding modification of the report, raising concerns about market manipulation and information interference. This incident reveals structural risks in prediction markets, highlighting the urgent need to protect media independence while facing challenges in transparency and compliance.