Bloomberg analyst insists Bitcoin may drop to 10,000! Peers comment: Unless a nuclear war breaks out, it’s impossible
Bloomberg analyst reiterates: Bitcoin may drop to 10,000
Bloomberg analyst Mike McGlone recently reiterated that Bitcoin ($BTC) could still fall to $10,000, as institutional participation has increasingly synced Bitcoin with speculative assets, while the crypto industry remains mired in a long-term liquidation wave driven by macroeconomic factors. Bearish factors include deflationary pressures, excess speculative supply, and the unfinished correction in traditional risk markets.
He believes that Bitcoin still needs to undergo a prolonged cleansing of speculative excess before a durable bottom can be formed, and he suggests that investors should sell on rebounds.
Recently, a significant development occurred in the lawsuit between AI startup Perplexity and global e-commerce giant Amazon. A U.S. federal court officially approved the preliminary injunction filed by Amazon this past Monday. The injunction requires Perplexity to stop using its 'Comet' AI browser agent to log into the Amazon platform for users to shop automatically without authorization.
The core controversy of Amazon's lawsuit and the court's preliminary ruling
Amazon accuses Perplexity's 'Comet' AI agent of disguising itself as a regular browser to evade detection and execute automated orders, accusing it of computer fraud. This week, a federal court approved a preliminary injunction, with the judge emphasizing that even if Comet obtained user consent to operate on their behalf, it lacked official authorization from Amazon. The court ruled that it must suspend access to Amazon's systems and destroy data. This ruling establishes a clear legal boundary between 'user permission' and 'platform authorization' for the first time, but the effect of the ruling is stayed for a week to allow Perplexity to appeal.
Binance sues The Wall Street Journal for defamation! The report alleges involvement in Iranian financial flows, with the U.S. Department of Justice simultaneously launching an investigation.
Binance angrily filed a lawsuit against The Wall Street Journal, countering the 'false and defamatory' reporting.
The world's largest cryptocurrency exchange, Binance, has officially launched a defamation lawsuit against The Wall Street Journal (WSJ) and its parent company, Dow Jones. This legal action was filed on March 11, 2026, in the Southern District of New York (SDNY), symbolizing the peak of tension between the exchange and mainstream media. Binance accuses the media of publishing false and damaging content in a report released on February 23, which claimed that Binance fired an internal compliance officer who exposed a $1 billion flow to Iranian entities.
Binance, Circle all join! Mastercard partners with 85 crypto companies to seize stablecoin cross-border payments
Mastercard brings together 85 companies to create a global payment alliance
On March 11, 2026, payment giant Mastercard announced the launch of an unprecedented 'Crypto Partner Program.' This global initiative has successfully brought together over 85 digital asset companies, payment service providers, and traditional financial institutions, aiming to deeply integrate blockchain technology with the payment infrastructure that supports global commerce.
Source: X/@mastercard Payment giant Mastercard announced the launch of an unprecedented 'Crypto Partner Program'
Mega's stablecoin test sparks controversy! The blockchain community mocks: Nobel Prize level discourse, Yu Zhe'an and the crypto editor also responded.
Mega Financial's real test of stablecoins versus traditional bank cross-border remittances
The chairman of Mega Financial Holding, Dong Ruibin, recently published the results of a real-world test of stablecoin cross-border remittances, exporting 50 USD stablecoin USDT to a Taiwanese exchange through the exchange, comparing it with bank remittances.
The test results show that stablecoins have speed and some cost advantages for small cross-border remittances. When cross-border remittances exceed 7,000 USD (about 200,000 New Taiwan Dollars), the overall cost of bank remittances is lower. Therefore, Dong Ruibin believes that the traditional financial system still has advantages in capital clearing and compliance.
20 million Bitcoins mined! The last 1 million will take a century, what will happen when it's all mined?
The Bitcoin network has reached an important milestone today, having mined the 20 millionth Bitcoin, symbolizing that 95% of this cryptocurrency, with a market value of 1.37 trillion dollars, has entered circulation. The remaining 1 million Bitcoins will take 114 years to be fully mined. As the halving mechanism continues to operate, what will happen when all Bitcoins are mined? How will the network function? This article will provide an in-depth analysis.
20 million Bitcoins have been mined, and the remaining 1 million will take another 114 years to mine.
Recently, the 20 millionth BTC was officially mined at block height 939,999 by the mining pool Foundry USA. This means that under the total supply cap of 21 million, about 95% of Bitcoins have already entered circulation, and the remaining approximately 1 million Bitcoins will gradually be mined over the next 114 years.
Famous Analyst PlanB: Now is an excellent buying point for Bitcoin, with an average price target of $500,000 in this cycle
The quantitative analyst PlanB, who created the Bitcoin prediction model 'S2F (Stock-to-Flow Ratio)', gained fame for predicting that 'Bitcoin would reach $100,000 by the end of 2021', but also faced skepticism after his prediction proved inaccurate. Now, he has once again thrown out a shocking market outlook for Bitcoin prices, believing that during the current market cycle from 2024 to 2028, the average price of Bitcoin could reach $500,000.
This prediction comes from PlanB's latest release of the S2F model. Despite Bitcoin's recent price fluctuations, currently hovering around $67,000, PlanB believes that, based on the historical range corresponding to the model, now is an excellent time to buy Bitcoin.
Musk's X Money public beta in April! But still no sight of Dogecoin, is crypto payment integration still hopeful?
X Money will open for testing in April, Musk advances the "everything app" plan
Tesla and SpaceX CEO Elon Musk announced yesterday (3/10) that the financial service "X Money" under the X platform will open early public testing in April. This payment and digital financial service is seen as an important step in Musk's push for the "everything app" strategy. Musk stated on March 10 on the social platform X that X Money will soon be open for testing to some users. The service integrates digital wallet and payment functions, allowing users to manage funds and transfer directly within the X App.
Binance CZ mocks AI agent "little lobster": claims to free up hands, but ends up busy fixing it every day
As AI agents become a hot topic in the crypto industry and the Web3 world, various tools claiming "one-click deployment, automatic operation" are emerging one after another. However, the gap between actual user experience and marketing promises is gradually becoming the focus of discussion among developers and users.
Binance founder Changpeng Zhao (CZ) recently pointed out this industry pain point in a humorous post on social platform X. He used "lobster" as a metaphor, teasing that some AI agent tools claim to be fully automated, but in reality, they make users spend more time maintaining the system, quickly sparking enthusiastic responses in the community.
A photo circulating online shows Taiwanese players surrounded by trash at the Tokyo Dome; the account spreading this rumor has already been listed as a foreign-controlled account.
During the WBC Classic, AI-generated images showed Taiwanese players leaving behind a lot of trash.
During the preliminary rounds of the 2026 WBC World Baseball Classic, a photo accusing Taiwanese fans of leaving behind a lot of trash after watching a game at the Tokyo Dome went viral.
According to an investigation by the Taiwan FactCheck Center, the earliest source of the widely circulated image was a Facebook post from the online media outlet LIFE Fun News. The original image clearly indicated in the lower right corner that it was AI-generated, but this was deliberately removed during its subsequent circulation. The earliest traceable source of the image with the removed label is a post published on March 7 by the X platform account Hsu Fang-li.
Mega Financial's Practical Test of Stablecoins: Large Cross-Border Remittance Banks Still Hold the Advantage! The application scenarios for New Taiwan Dollar stablecoins need to be clarified.
Mega International Commercial Bank mobilizes global branches for practical tests, a comprehensive comparison of bank and stablecoin remittances.
Whether stablecoins will disrupt the traditional cross-border remittance system has always been a focal point of discussion in the financial market. The Chairman of Mega Financial Holding and Mega International Commercial Bank, Dong Ruibin, announced a test result yesterday (3/10), comparing the efficiency and cost of traditional bank remittance with stablecoin transactions through the global branch network of Mega International Commercial Bank.
This test covers 17 countries and 25 overseas branches. Mega International Commercial Bank arranged for overseas branch personnel to open accounts at local banks and legal virtual asset exchanges in their personal capacity, and purchased USD stablecoins $USDT through the exchanges, exporting 50 $USDT to BitoPro in Taiwan each time, and then comparing it with the traditional bank cross-border remittance process.
Ride the OpenClaw Wave! Nvidia Plans to Launch NemoClaw for Enterprises to Deploy Automated AI Agents
The technology media (Wired) cited sources reporting that global chip giant Nvidia is planning to launch an open-source artificial intelligence (AI) agent platform internally referred to as 'NemoClaw'. This platform is primarily aimed at the enterprise software market, designed to assist companies in deploying dedicated AI agents to automate internal work tasks. Notably, the platform has cross-hardware compatibility, allowing seamless integration even if companies do not use Nvidia's computing chips. Nvidia has already discussed potential collaborations with several tech giants, including Salesforce and Google, and is expected to announce more details at next week's annual developer conference (GTC).
The First Space Bitcoin Mining Company! Starcloud, Supported by NVIDIA, Has Launched GPU Satellites into Orbit
NVIDIA supports orbital data center projects, Starcloud lays out space computing power
Starcloud, a startup supported by NVIDIA, announced that it plans to officially launch its bitcoin mining business after the second spacecraft is launched this year. The company stated that if the plan proceeds smoothly, Starcloud will become the world's first company to mine bitcoin in space. Starcloud CEO Philip Johnston stated on the social platform X that space computing power will gradually become the new generation of infrastructure, and bitcoin mining is one of the most attractive applications. The company hopes to provide computing power through the orbital data center while exploring the use of space energy for cryptocurrency mining.
U.S. lawmakers propose: Remove the 2030 sunset clause, advocating for a permanent ban on the issuance of CBDC.
The senator proposed an amendment advocating for a permanent ban on the issuance of CBDC in the United States.
The policy debate surrounding Central Bank Digital Currency (CBDC) in the United States Congress has intensified again. According to information provided by reporter Eleanor Terrett, Republican Senator Ted Cruz recently submitted an amendment to the Senate, proposing to remove the 'sunset clause' from the original bill's ban on CBDC. If the amendment is passed, the Federal Reserve will be permanently prohibited from issuing CBDC.
Source: X/@EleanorTerrett Republican Senator Ted Cruz recently submitted an amendment to the Senate, proposing to remove the 'sunset clause' from the original bill's ban on CBDC.
Canada's Vancouver Bitcoin Reserve Dream Shattered! City Staff Claims Violation of Charter, Recommends Withdrawal of Proposal
In response to Vancouver Mayor Ken Sim's earlier proposal to establish a 'Bitcoin Strategic Reserve', city staff assessed that Bitcoin does not fall within the asset categories that the city government can legally invest in, and thus recommended that the city council withdraw the related proposal.
This motion titled (Maintaining Urban Purchasing Power through Diversified Financial Reserves: Towards a Bitcoin-Friendly City) was proposed by Vancouver Mayor Ken Sim in November 2024, advocating for allocating part of the financial reserves to Bitcoin to combat traditional currency volatility, depreciation, and inflationary pressures, while maintaining financial stability and purchasing power.
Ethereum transaction fees hit a new low! Average under $0.1, L2 expansion enters ultra-low cost era
In early 2026, Ethereum network transaction fees dropped to a historic low. Multiple on-chain data platforms show that the average transaction fee is currently around $0.09 to $0.097, and in some real-time data, it is as low as 0.000047 ETH, almost equivalent to zero cost. This change occurred against the backdrop of continuous record-high network activity. Analysis indicates that the Dencun upgrade, launched in 2024, along with EIP-4844 (proto-danksharding), has become a key driver, significantly reducing Layer-2 network costs and officially ushering Ethereum into a new phase of 'low fees and high throughput.'
Insurance giant Aon tests stablecoin premium payments! Blockchain improves efficiency, and the settlement process is expected to change
Global insurance brokerage leader Aon tests stablecoin premium settlement
Global insurance brokerage giant Aon recently announced the completion of a proof of concept test, attempting to use stablecoins to pay insurance premiums, demonstrating that dollar-pegged tokens are gradually entering corporate financial infrastructure. This test was conducted by Aon in collaboration with cryptocurrency exchange Coinbase and blockchain infrastructure company Paxos, using payment tools including $USDC on the Ethereum network and $PYUSD on the Solana network.
Aon stated that this test is the first time a large global insurance brokerage has accepted stablecoin payments for premiums in the insurance industry. The transaction still falls within a controlled environment proof of concept, but it also shows that stablecoins are starting to enter the payment processes of the traditional financial system.
Circle's stock price rose 87% in a month! How did the US-Iran war and traders' position adjustments become the driving forces behind this surge?
Circle's stock price soared 87% in a single month, is the US-Iran war a contributing factor?
Stablecoin USDC issuer Circle (stock code: CRCL) saw its stock price rise by about 10% last night (3/9), with a cumulative surge of 87.18% over the past month. Although this is below last year's IPO peak, the astonishing increase has still drawn market attention.
Mizuho Bank pointed out that the rebound in Circle's stock price reflects the spike in oil prices triggered by escalating tensions in the Middle East.
Since the outbreak of conflict in the Persian Gulf on February 28, West Texas Intermediate crude oil prices have surged by about 35%. Mizuho Bank analysis indicates that high oil prices may rekindle inflationary pressures, reducing market expectations for a rate cut by the Federal Reserve and limiting the central bank's ability to lower interest rates.
Anthropic Sues the Court! Accuses the Trump Administration of Retaliatory Suppression of Claude, Supported by 37 AI Researchers
Listed as a 'supply chain risk', Anthropic sues the federal government
The artificial intelligence company Anthropic recently filed a lawsuit in the U.S. Federal Court, accusing the Trump administration of listing it as a 'supply chain risk' company and demanding federal agencies stop using its AI systems. The company believes this measure constitutes retaliatory suppression. The lawsuit has been submitted to the U.S. District Court for the Northern District of California.
Anthropic pointed out in its complaint that the government's actions lack legal basis and have a significant impact on the company's operations and partnerships. The lawsuit documents list multiple government agencies and officials as defendants, including the U.S. Department of Defense, Secretary of Defense Pete Hegseth, Secretary of the Treasury Scott Bessent, Secretary of State Marco Rubio, and Secretary of Commerce Howard Lutnick.