Goldman Sachs discloses its indirect holding of $2.361 billion in cryptocurrencies through ETFs

Mastercard partners with 85 crypto companies to capture the $27.6 trillion stablecoin transfer market

Mastercard launched the "Crypto Partnership Program" on March 11, collaborating with 85 digital asset and financial institutions. The goal is to meet the projected demand for stablecoin transfers reaching $27.6 trillion by 2025 and to create a Payments Industry Blockchain Alliance. By implementing a Multi-Token Network (MTN) for real-time settlement, this initiative targets cross-border payments and B2B transactions, responding to market needs with lower costs and faster speeds, thereby enhancing payment efficiency for consumers and businesses.

BlackRock CEO: The tokenization of all assets has just begun

Global digital wallets hold $4.1 trillion, with a large portion outside the United States. Fink's assessment is that tokenizing ETFs and digitizing assets, guiding novice investors entering the market through cryptocurrencies into traditional pension products, and fully tokenizing real estate, stocks, and bonds represent BNY Mellon's core opportunities over the next few decades. Currently, BNY Mellon owns the world's largest tokenized money market fund BUIDL, and its Bitcoin ETF product iBIT has surpassed $100 billion in scale, up from zero just two years ago. Fink, who once was cautious about cryptocurrencies, now openly states: "I like it very much now, but I have been growing and learning."

Goldman Sachs warns: US stocks have "extreme rebound" momentum, with hedge short positions triggering short covering rally

Goldman Sachs pointed out that hedge funds are currently maintaining long positions in U.S. stocks while building large short positions through ETFs and index futures, creating potential short covering momentum. If positive news emerges, the market could rebound quickly. However, at the same time, reduced market liquidity and high uncertainty could also intensify volatility.

Wall Street accelerates prediction market deployment: Hedge funds rush to enter Kalshi, institutional funds may flood in on a large scale

As prediction markets develop, several major US prime brokers are pushing funds into the space, with Clear Street and Marex Group planning to enable clients to participate in Kalshi's event trading. Institutional demand for prediction markets is increasing, but regulatory challenges remain. Once the regulatory framework is in place, prediction markets are expected to become a new growth area on Wall Street.

The United States releases 172 million barrels of strategic oil! Iran warns oil prices could rise to $200

The U.S. Secretary of Energy announced plans to coordinate the release of 400 million barrels of oil to counter Iran's threats, with the release of 172 million barrels being the largest in history. Market reactions to this move are uncertain, and oil prices remain affected by the security situation in the Strait of Hormuz. At the same time, oil price fluctuations will impact the Bitcoin market, potentially increasing inflationary pressures and limiting liquidity. The United States plans to replenish the released oil within a year, which should not have a long-term impact on energy security.

Crude oil and gold volatility indices hit new highs in 2021, with bullish sentiment dominating the crypto options market.

On March 12th, Gate Research Institute noted that the volatility of traditional assets such as gold and crude oil reached new highs, at 33% and 108% respectively. In the crypto assets sector, the implied volatility of BTC and ETH is also high. Recently, the market has been dominated by put options, but the demand for hedging has weakened, and short-term price fluctuations may be influenced by Gamma effects. Gate has also launched gold and crude oil options, marking the first introduction of traditional assets.