Written by: Ryan Weeks, Bloomberg Compiled by: Luffy, Foresight News Once viewed by the United States as a national security threat, embroiled in controversies over miner security and remote control, Bitmain is the absolute dominant player in the global Bitcoin mining machine industry. This mysterious Chinese company, after facing White House bans and Department of Homeland Security investigations, unexpectedly formed an important business alliance with Eric Trump, the son of the former U.S. president. On one side is the Chinese mining machine giant questioned for endangering power grids and military base security; on the other is a Bitcoin company under the Trump family's banner. The two sides have built a super mining farm in Texas and launched major cooperation. This article reconstructs this alliance intertwined with politics and cryptocurrency, revealing how Bitmain reversed course from America's "blacklist" and became one of the most critical business partners of the Trump family. Below is the full translation: Mining Empire: The Mysterious and Monopolistic Bitmain

Baidu released "Red Finger Operator" on March 12, the world's first mobile OpenClaw application, allowing users to directly "farm shrimp" on their phones and supporting cross-app operations. Baidu also launched the DuClaw service to lower the technical barrier. Tencent has also introduced several OpenClaw-related products, leading to intense competition between the two parties. However, as the popularity of OpenClaw rises, security risks also increase, including scams and technical vulnerabilities, so users need to be cautious.

This article analyzes the dynamics of the Bitcoin derivatives market, pointing out that before macroeconomic data releases, the market shows downward risks through funding rates, open interest, and liquidation data. Negative funding rates, high open interest, and the subsequent employment report collectively influence market direction, revealing how the derivatives market quickly reflects macro pressures and trader sentiment.

Pi Network released a collaboration report with OpenMind on March 5th, successfully utilizing 7 volunteer nodes to perform AI image recognition, verifying that over 420,000 idle nodes' computing power can be used by AI companies. This move aims to commercialize node computing power, opening a new revenue stream for operators through cryptocurrency rewards, and exploring the integration of decentralized computing power and AI. Although it is still in the research stage, this proof of concept provides a new pathway for future development.

The FARM price has dropped 8% to $11.61, raising concerns among traders due to market volatility. Analysts link this decline to broader market trends and lack of positive catalysts in the derivatives market, prompting close monitoring of support levels.

The U.S. Bureau of Labor Statistics report shows that non-farm employment unexpectedly decreased by 92,000 in February, with the unemployment rate remaining at 4.4%. Major factors include federal government layoffs, healthcare strikes, and contraction in the information technology sector. Wage growth remains stable but faces serious inflation threats, causing market concerns about future economic scenarios. Additionally, Bitcoin's price dropped to around $70,000 due to market reactions.

U.S. February ADP Employment Report shows the private sector added 63,000 jobs, exceeding market expectations, indicating a rebound in hiring momentum, but the increase remains moderate and below the post-pandemic peak. The annual salary growth rate remains steady at 4.5%, with construction and education/health services contributing the most new jobs. The report may influence the upcoming March non-farm payroll data.

American Bitcoin Corp. announced the purchase of 11,298 Bitcoin mining machines, with an expected additional hash rate of approximately 3.05 EH/s. After expansion, the company's total self-owned mining machines will reach 89,242 units. The company emphasizes accumulating Bitcoin at a cost below market price and plans to deploy at the Drammen Heller mining farm in March 2026.

Bitcoin has recently been fluctuating around $66,000. The United States will release five important economic reports this week, including manufacturing and services PMI, ADP private sector employment data, unemployment claims, and non-farm payrolls (NFP). These data could reshape market expectations for Federal Reserve interest rates and consequently influence Bitcoin's price movement. Strong data may suppress Bitcoin prices, while weak data could drive it higher.