Gate Cryptocurrency News and Market Analysis

Tether has launched a new AI training framework that allows for fine-tuning large language models on consumer devices such as smartphones and non-Nvidia GPUs. By utilizing Microsoft’s BitNet architecture and LoRA techniques, it provides substantial reductions in memory usage and computational costs, supporting a variety of chipsets. This development is in line with the trend of cryptocurrency companies expanding into AI and computing infrastructure.

Senator Tim Scott, Chairman of the Senate Banking Committee, announced on March 17, 2026, that he expects to receive a compromise proposal on stablecoin yield provisions before the end of the week, potentially resolving the most contentious issue stalling U.S. stablecoin legislation.

Phantom, Solana's self-custodial wallet, has received a no-action letter from the CFTC, enabling it to connect directly to CFTC-registered derivatives markets through a non-custodial interface without needing to register as an introducing broker. This breakthrough allows users to access regulated derivatives while maintaining control of their funds, providing a compliance template for future crypto wallets. Phantom's strategy involves communicating proactively with regulators to ensure lawful operations.

Aster, a DEX for derivatives backed by Changpeng Zhao's family office, has launched its mainnet with a private Layer 1 blockchain. It aims to improve DeFi transparency while enabling high performance and private transactions, leveraging zero-knowledge technology.

Cari Network, developed by ZKsync with major US banks, is a privacy-focused solution on the Ethereum Layer 2 platform, allowing 24/7 transactions while protecting sensitive data. It ensures bank accountability and FDIC insurance, with support for auditing and digital asset integration.

GSR invested $57 million to acquire consulting firms Autonomous and Architech, enhancing its ecosystem for tokenization projects. The merger streamlines token issuance, treasury management, and capital markets on a unified platform, addressing fragmentation in crypto services.

Tally, a leading governance platform serving over 500 decentralized autonomous organizations (DAOs) including Uniswap, Arbitrum, and ENS, announced on March 17, 2026, that it is winding down operations after more than five years.

Cryptocurrency governance tool Tally announced its closure on March 17 after operating for over five years. Tally had provided governance infrastructure for multiple Ethereum protocols, handling over $1 billion in transactions. The shutdown was attributed to poor market timing and failure to fulfill token promises, reflecting the commercialization challenges of DAO governance tools. Despite these challenges, the DAO concept continues to evolve, with future development potentially shifting toward diversified infrastructure construction.

The Ethereum Foundation launched a scholarship program to support PhD research on Ethereum, offering $24,000 grants for one year. Open to all fields but prioritizing economics, political science, and more, 9-10 candidates will be selected. Applications are due by April 1.

Arizona's Attorney General has accused Kalshi's parent company, a prediction market platform, of operating without a gaming license in violation of law and offering election betting services, marking an escalation in state-level regulatory action. Kalshi contends it is subject to federal CFTC jurisdiction and has attempted to resist Arizona's litigation. The platform faces legal challenges across different states, and recently proposed rules from the CFTC could impact the future legal framework.

Cango Inc. reported a net loss of 19,283,746,565,748,392,01 million in Q4 2025, driven by high costs and asset value adjustments. Despite $179.5 million in revenue from Bitcoin mining, total operating costs reached 19,283,746,565,748,392,01 million. For the year, the company had a net loss of $452.8 million on $688.1 million in revenue, as it shifts focus to AI infrastructure.

The U.S. Commodity Futures Trading Commission's Market Participants Division issued a no-action letter on March 17, 2026, to Phantom Technologies Inc., allowing the self-custodial crypto wallet provider to facilitate user access to regulated derivatives markets without registering as an introducing broker.

Bitcoin price oscillates around $74,140, with the U.S. SEC and CFTC issuing new guidelines clarifying that most cryptocurrencies are not securities, providing clear guidance for the market. Tether launches an AI fine-tuning framework. The market continues to monitor the impact of high interest rates and geopolitical tensions on the economy.

PIPPIN, a memecoin AI on Solana, plummeted on March 17, 2026, after coordinated sell-offs by over 50 wallets, causing its price to drop nearly 60% and erasing about 19,283,746,565,748,392,010 million in market cap, highlighting risks of concentrated ownership.

The prediction market indicates a potential end to the US-Iran conflict by mid-2026, with significant betting activity in June. Political tensions rise as key figures resign, while direct US-Iran communication signals possible de-escalation amidst increasing economic pressures.

Rising fears of a market rupture are pushing investors toward alternative assets, as Robert Kiyosaki warns a fragile financial system could trigger a rapid repricing that sends bitcoin, ethereum, gold, and silver sharply higher. Robert Kiyosaki Signals

The Bhutanese government transferred approximately $27 million in Bitcoin as the price rebounded to $73,500, demonstrating the organized nature of its selloff and market manipulation strategy. Since 2026, Bhutan has transferred over $40 million in Bitcoin, and despite rising mining costs and increased fiscal pressure, it still holds over 5,000 Bitcoin, indicating that its long-term confidence in Bitcoin remains unchanged.