BNB breaks through the $600 mark

BlockBeats News: On March 17th, according to official announcements, Binance Wallet announced the launch of a 6-month fee free trading activity.

Odaily Planet Daily News: According to on chain analyst Ai Yi's monitoring, MUBARAK currently has a problem of insufficient liquidity depth, which may make it difficult for large holders to sell their positions without significantly affecting prices. Data shows that MUBARAK's current market value is approximately $134 million, with a 24-hour trading volume of $88.1 million. However, the depth of its liquidity pool is only $4.48 million, accounting for only 5% of its daily trading volume. According to PancakeSwap data, the cumulative TVL of the top two liquidity pools for this token is only $4.01 million, with a total of 3175.8 WBNBs (approximately $2 million). Analysts point out that using the example of a listed address, the address currently holds 13 million tokens worth approximately $1.618 million. If it attempts to sell them all at market price, it will face a sliding point loss of over $500000, as the current BNB depth in the liquidity pool cannot support such a large scale of transactions.

According to Augustine Fan, the head of SignalPlus, the recent sell-off of Bitcoin has been mainly triggered by multi strategy hedge fund trading that dominates the macro market. These multi strategy trades include arbitrage, long short positions, and leverage operations, aimed at maximizing returns across asset classes. The common multi strategy trading method in the Bitcoin market is basis trading, which involves buying spot Bitcoin (usually through ETFs) and shorting Bitcoin futures to profit from the price difference. However, when the price difference narrows or the market changes, the profit of basis trading decreases, leading to funds exiting positions and concentrated selling of Bitcoin and ETF shares. Fan pointed out that this liquidation pressure has amplified the sell-off in the past week, especially against the backdrop of increased tariff related volatility. However, the 'buying on dips' sentiment still exists in the market. Fan stated that the valuations of stocks other than major cap stocks remain relatively stable compared to historical averages, and economic hard data may outperform the rapid deterioration of soft data. Therefore, the market generally believes that it is still a "buy on dips" market and is expected to gradually absorb the impact of tariff fluctuations.

This afternoon at 16:00 (UTC+8), AiCoin Research Institute will provide a detailed analysis on how to use grid opening conditions and TD indicators to accurately capture market fluctuations in the PC group chat live broadcast. Through scientific grid layout and TD index analysis, investors can better avoid risks and steadily profit in volatile markets. Welcome to make an appointment to watch~ Enter the live broadcast room and receive a 10% discount coupon for members, with free gifts for members! Lock in AiCoin PC every Monday afternoon - group chat - live broadcast, more tactical skills and practical cases waiting for you to obtain~

According to Foresight News, Zhao Changpeng tweeted, "Regarding artificial intelligence agents, I have an unpopular viewpoint: although cryptocurrency is the currency of artificial intelligence, not every agent needs their own token. Agents can charge fees for providing services using existing cryptocurrencies. Tokens should only be issued when the scale is large enough. Focus more on practicality rather than tokens