Gate News bot message, according to the latest data from Gate TradFi, USDZAR temporarily declined by 0.5%, with current volatility significantly exceeding recent average levels, and market activity has increased.

Ethereum is facing an "adoption paradox," with network activity reaching all-time highs while ETH price has declined significantly. CryptoQuant analysis indicates that if the bear market persists, ETH could fall to $1,500. The relationship between exchange inflows and price dynamics is more pronounced, suggesting ETH is facing strong selling pressure.

Gate News bot message: According to the latest Gate TradFi data, XBRUSD has risen by 8% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

Gate News reported that on March 12, Puffer has reached a partnership with Anchorage Digital to provide pufETH exposure to institutional investors. This collaboration aims to leverage Anchorage Digital's institutional-grade custody and infrastructure capabilities to enable institutions to access the Puffer ecosystem and its liquid staking products more conveniently.

FTX founder SBF has accused former SEC Chair Gary Gensler of colluding with Senator Elizabeth Warren to weaken CFTC authority, concentrate regulatory power within the SEC, and restrict crypto businesses through fraudulent licensing. He believes new SEC Chair Paul Atkins is more inclined toward reasonable regulation to prevent the crypto industry from being affected by power struggles.

Gate News reported that on March 12, according to Onchain Lens monitoring, BlackRock deposited 566.88 BTC to a certain CEX, valued at approximately $39.64 million, and simultaneously deposited 7,552 ETH, valued at approximately $15.52 million, with a total combined value of approximately $55.16 million. Monitoring data shows that BlackRock may continue to deposit more assets.

Gate News reported that on March 12, Onchain Lens monitoring shows that BlackRock deposited 566.88 BTC (worth approximately $39.64 million) and 7,552 ETH (worth approximately $15.52 million) to a certain CEX 20 minutes ago, and may continue to deposit more assets.

Gate News Report, March 12 — Glassnode data shows that since late January, the total spot trading volume of the top 500 cryptocurrencies has been continuously declining. Meanwhile, Bitcoin spot trading volume has been more resilient and has continued to grow for most of February.

The SEC and CFTC in the United States have signed a new Memorandum of Understanding to strengthen coordination in cryptocurrency asset regulation, aiming to eliminate regulatory overlap, enhance market transparency and investor protection, and promote a unified financial regulatory system. Despite challenges, if successful, it will lead to a more comprehensive digital asset regulatory framework.

Gate News Report, March 12 — Hong Kong stocks related to AI intelligent agent concepts declined further. Zhipu (02513.HK) fell over 7%, MiniMax (00100.HK), and Xunce (03317.HK) each dropped more than 4% at one point.