On March 17, WTI crude oil futures surged more than 3% intraday, with daily gains expanding to 5.5%, with CL prices reaching $97.5, benefiting on-chain long positions. MakerDAO founder Rune Christensen's long positions recorded floating profits of $310,000, while short-side mega whales holding positions exceeding $10 million suffered floating losses.

On March 17, US spot Bitcoin ETFs experienced net inflows for the sixth consecutive trading day, driving Bitcoin prices up more than 12%. Total net inflows reached $962.8 million, primarily supported by BlackRock and Fidelity. Despite relatively modest inflow volumes, the sustained nature of the flows is strengthening, and investor sentiment is improving. Analysts believe that short-term prices are influenced by fund inflows and changes in the macroeconomic environment.

Gate News report: On March 17, data aggregation platform DefiLlama launched a new download center supporting rapid export of 50+ datasets. Users can download complete datasets and time series data, access multi-dimensional data across chains, protocols, categories, RWA, stablecoins, and more, with customizable column functionality and the ability to preview dataset content before subscribing.

Gate News Alert: On March 17, according to Gate's market data, as of press time, DEGO (Dego Finance) is currently trading at $1.39, up 58.72% in the last 24 hours, hitting a high of $1.42 and a low of $0.56. The current market cap is approximately $29.2 million, an increase of $10.8 million from yesterday. ## DEGO Recent Important News: 1️⃣ **Increased Market Attention Drives Price Appreciation** DEGO has recently garnered widespread market attention, with numerous crypto asset information platforms reporting and tracking the token's real-time price movements and market data. This indicates that market participants' interest in DEGO has increased. With more market participants paying attention, trading activity has picked up, trading volume has increased, and ultimately driven the strong upward movement in token price.

Gate News report indicates that on March 16, market data shows that the leading US-listed Ethereum treasury stock Bitmine (BMNR) rose more than 11% intraday, currently trading at $22.88.

Xiexai Ning criticized the current AI development route centered on large language models in an interview, believing it limits AI's learning of the real world and emphasizing the advantages of world models. He believes that building intelligent agents that can survive in reality is more challenging and mentioned that AMII Labs focuses on real data collection, with plans to launch AI smart glasses and robots in the future.

Gate News Report: On March 16, in response to community users' questions about why oil prices have recently declined while Bitcoin prices have surged parabolically, crypto analyst Willy Woo responded that current oil prices are reverting to the mean from their previous overbought state, while Bitcoin is experiencing mean reversion from a locally oversold level. Willy Woo stated that these changes are more of a short-term technical adjustment and should not be "over-interpreted."

Gate News Reports that on March 16, prediction market platform Opinion announced the launch of a liquidity incentive mechanism. Starting immediately, the platform will allocate 50% of the transaction fees from each successfully executed order to users who provided liquidity for that order. This mechanism aims to incentivize liquidity provision, optimize market depth, attract more liquidity providers to participate in market making, and further enhance overall market activity.

Bitcoin's price rose more than 3% on March 16, crossing back above the 50-day moving average and breaking through $71,125, indicating strengthened market momentum. Despite external uncertainties, Bitcoin demonstrated resilience and gradually recovered above $70,000. Analysts pointed out that stabilizing above the 50-day moving average may signal a trend reversal, though technical breakthroughs do not necessarily imply long-term gains. The market is focused on whether Bitcoin can break through $75,000, with trading volume and capital inflows being key factors.

Ledger Asia-Pacific head Shibayama said that if the US bans stablecoin yield distribution, it will trigger a new global crypto regulatory landscape, with some countries potentially introducing more attractive policies. The Asian market is more focused on blockchain infrastructure and financial product tokenization, with large institutions showing reduced interest in direct crypto asset investments. As regulations improve, institutional investors are becoming more cautious when selecting custodial service providers.