During the period from 2026-03-22 22:15 to 22:30 (UTC), BTC experienced significant volatility within a short-term range, with the 15-minute candlestick recording a +0.49% gain and closing at 68371.1 USDT. The low touched 67861.4 USDT, with an overall amplitude of 0.75%. Short-term market activity was active, market attention increased, trading volume expanded noticeably compared to the previous period, and active capital flows drove this wave of volatility. The main driver of this volatility was continuous inflows into US spot ETFs, as well as BTC net outflows at the exchange level. Specifically, according on-chain data shows,

As of March 15, China's AI large language models reached a weekly call volume of 4.69 trillion Tokens, surpassing the US for the second consecutive week, with all top three global rankings occupied by Chinese models. JPMorgan Chase predicts that AI inference Token consumption will grow significantly.

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued interpretive guidance on crypto assets that will take effect on March 23, replacing the framework released in 2019. This guidance provides clear regulatory direction to market participants and promotes compliant development of the crypto industry.

Gate News Announcement: On March 22, according to crypto journalist Eleanor Terrett's post on X platform, the U.S. House Committee on Financial Services plans to hold a hearing on tokenization next Wednesday at 10 a.m. Eastern Time. Blockchain Association CEO Summer Mersinger will attend the hearing as an invited witness.

The U.S. Commodity Futures Trading Commission (CFTC) has released guidance on a pilot program for crypto assets as collateral, allowing Bitcoin, Ethereum, and stablecoins to be used as margin. Futures brokers must comply with capital requirements and regulatory reporting obligations, and after three months can expand to other crypto assets as collateral. The guidance clarifies the use cases for crypto assets and derivatives clearing requirements.

Gate News Report: On March 21, according to Farside monitoring data, US Ethereum spot ETFs recorded cumulative net outflows of $60 million this week, while Solana spot ETFs recorded cumulative net inflows of $20.4 million.

U.S. Commodity Futures Trading Commission Chair Mike Selig announced on the X platform that the CFTC has released FAQs regarding crypto assets and blockchain businesses, providing compliance guidance that covers core topics such as tokenized collateral, aiming to establish a clear operational framework for market participants.

Gate News: On March 21, DeFiance Capital CEO Arthur posted on X platform stating that in the short term, it is unlikely that Trump will back down or that the Middle East situation will cool down. Currently, the US and Israel continue to exert pressure on Iran. He pointed out that global supply chains may face further disruption in the coming weeks. According to previous reports by Axios, the Trump administration is considering occupying or blockading Iran's Kharg Island to force it to reopen the Strait of Hormuz.

Gate News reported that on March 21, according to Farside monitoring data, this week the US Bitcoin spot ETF accumulated net inflows of 93.1 million dollars.

A certain CEX's asset management department has launched tokenized shares of a Bitcoin yield fund in collaboration with Apex Group, targeting non-US investors and adopting the ERC-3643 standard to achieve automated compliance. Institutions are accelerating asset tokenization to improve efficiency and reduce costs.