Xinhua News focuses on "March 15th": Beware of speculation in the Metaverse investment, as criminals use the guise of "future currency" to create fake trading platforms

On March 17th, the three major U.S. stock indexes reversed and are currently up by more than 0.3%. Intel (INTC.O) has seen its gain expand to 5%. Coinbase is up by 1.49%, MARA Holdings is up by 0.95%, Riot Platforms has narrowed its decline to 0.26%, and Strategy has narrowed its decline to 1.19%.

On March 17th, Robinhood made an announcement regarding the launch of the Prediction Markets Hub service. This service involves the introduction of prediction market contracts across the United States via KalshiEX LLC and is expected to be accessible to all eligible customers in the coming days.

March 17th, "SOL Edition of MicroStrategy" Sol Strategies declared that it has accomplished the acquisition of three validators, namely the Laine validator and stakewiz.com. The combination of the Laine validator network with Stakewiz.com notably enhances Sol Strategies' standing as a leading institutional staking solutions provider within the Solana ecosystem. As of March 15, 2025, Sol Strategies has raised its total staked SOL in validator operations from 1,653,752 SOL on March 3, 2025, to 3,351,617 SOL. Since that time, the total SOL staked has witnessed an approximate increase of 102%. According to market data, the stock price of Sol Strategies Inc. has rocketed by over 20% today.

March 17th: In the United States, retail sales in February witnessed a monthly increase; however, it fell short of expectations. The January sales decline was revised from 0.9% to 1.2% on a month-on-month basis. The report indicates that among 13 categories, only 5 categories experienced an increase in sales in February compared to January. These categories include non-store retailers (representing e-commerce), general merchandise, health and personal care, food and beverages, and building materials. These types of categories are generally essential goods rather than non-essential ones. Hence, the growth in these areas implies that consumers were cautious with their spending last month. Retailers have issued warnings that due to cold weather, tax refund delays, and the increasing uncertainty of consumers regarding the economy, February began on a weak note. Since January of this year, consumer confidence has been on a downward trend for three consecutive months as Americans strive to

On March 17th, Bitfinex put forth a new report indicating that Bitcoin has been in a continuous decline ever since reaching a historical high of $109,590 on January 20th. The lowest point last week was $77,041, representing a 29.7% pullback, which marks the second deepest correction within this bull market cycle. While in history, bull markets usually witness a 30% retracement before resuming the upward trend, in this cycle, there had been shallower declines previously due to institutional adoption and ETF-driven demand. Short-term holders continue to endure unrealized losses, which intensifies the selling pressure. These investors, especially those who purchased in the past 7 to 30 days, are typically the most prone to giving up. Historically, when fresh capital inflows slow down and the cost basis trend changes, it suggests a weakening demand environment. With Bitcoin struggling to maintain key levels, this trend is becoming more evident. In the absence of new buyers entering the m

On March 17th, according to HTX market data, Ethereum briefly fell below $1900, and the 24-hour price change narrowed to 0.81%.