Pre-market Crypto Stocks Down, Coinbase Dips 1.23%

March 19th - During the keynote speech at the 2025 NVIDIA GPU Technology Conference (GTC), NVIDIA CEO Jensen Huang brought up the artificial intelligence "Law of Accelerating Returns." Regarding the claim that the speed of AI scaling is slowing down, it is almost as if "the entire world has made a miscalculation." In fact, due to the newly emerged scaling methods and technologies, the development speed of AI is now faster than ever. It should be noted that the success in AI scaling is a crucial key element for NVIDIA's business of selling a large number of Graphics Processing Units (GPUs) to AI model developers and server providers. (Jinse)

March 19: Early this morning, a call between President Putin of Russia and President Trump of the U.S. came to an end. According to a statement from the Kremlin, the two leaders continued to have a detailed and frank exchange of viewpoints regarding the situation in Ukraine. Putin expressed gratitude to Trump for his efforts in achieving the goals of halting hostilities and preventing additional casualties. Putin reaffirmed his principled stance of seeking a peaceful settlement to the conflict and indicated his willingness to carefully consider possible ways to resolve the conflict together with U.S. partners. Any mediation plan should be comprehensive, sustainable, and long-term, taking into account the absolute necessity of addressing the root causes of the crisis and Russia's legitimate interests in the security field. In response to the U.S.'s proposal for a 30-day ceasefire, Russia emphasized several key conditions: effective monitoring of a complete ceasefire, halting of forced

On March 19th, the Kremlin announced that Putin and US President Trump had agreed to stay in touch. Ukraine and Russia would carry out a prisoner exchange of 175 for 175. Regarding ensuring control over a potential ceasefire, against the backdrop of the ceasefire initiative, Russian President Putin stated that the mobilization and arming of Ukraine must cease. (FX168)

On March 19th, the White House presented a summary of the call between Trump and Putin. During this call, they deliberated on the significance of peace and a ceasefire in the context of Russia and Ukraine. The leaders reached an agreement that the peace process would commence with a ceasefire on energy and infrastructure. Technical negotiations aimed at implementing a maritime ceasefire in the Black Sea will promptly begin in the Middle East. The leaders engaged in extensive discussions on the Middle East as a potential domain for cooperation to forestall future conflicts. They also explored the necessity of curbing the proliferation of strategic weapons and collaborating with other countries to ensure the widest possible implementation. The White House indicated that there are substantial benefits in improving future U.S.-Russian bilateral relations, encompassing massive economic transactions. (Kryptonian)

On March 19th, as per Decrypt, the crypto prediction platform Yeet has successfully concluded a funding round worth $7.75 million. This round was led by Dragonfly, and the angel investors include Luca Netz, the CEO of Pudgy Penguins, Bryan Pellegrino, the CEO of LayerZero, and others. Yeet was founded by well-known figures in the crypto realm such as Michael Anderson (Mando), the anonymous trader Keyboard Monkey, and the professional poker player Ben Lamb. It focuses on the "prediction market for crypto users" and is targeted at the crypto-native community with a high risk tolerance.

On March 19th, as per an official announcement by Solana, the second mobile phone developed on Solana Mobile, Solana Seeker, is currently in the testing phase and is anticipated to commence shipping in the summer of 2025. Solana Seeker is the next-generation Web3 smartphone following its first phone, Solana Saga, which is priced at $500. In contrast to its predecessor Saga, Seeker has witnessed significant hardware enhancements, such as a thinner and lighter design, a more brilliant display, improved camera performance, and longer battery life. Seeker is equipped with a built-in Seed Vault, a self-custodial crypto wallet that is deeply integrated into the hardware. It also comes with an upgraded Solana decentralized app store. Each Seeker phone is accompanied by a unique 'soul-bound' NFT known as the Seeker Genesis Token.