Key Market Information Discrepancy on March 9th - A Must-Read! | Alpha Morning Report

Editor's Picks

1. Bitcoin Returns to Downtrend as Oil Price Surge Triggers Safe-haven Frenzy

2. Macro Outlook for the Week: Energy Trends in Focus, Inflation Data Takes a Back Seat

3. Etherealize CEO Claims Ethereum is the World's Most Secure, Decentralized Settlement Layer

4. Hassan Rouhani's Son Majid Rouhani Elected as Iran's New Supreme Leader

5. WLFI Governance Staking Proposal Now Open for Voting, Current Approval Rate at 99.31%

Articles & Threads

1. "a16z: The True Opportunity of Stablecoins Lies Not in Disruption but in Bridging Gaps"

A few weeks ago, an article by Citrini Research claimed that stablecoins would bypass Visa and Mastercard, leading to a sharp decline in the card networks' stock prices. The crypto community cheered. The logic behind this seems clear: AI agents will optimize every transaction, fees are a form of "tax," and stablecoins can circumvent it. I spend all day in the crypto space and also hope this argument holds true, but most of it is wrong. Not because stablecoins are not important, but because the real opportunity lies not in displacing credit cards but in serving those merchants who struggle to access traditional card payments.

2. "Ethereum's Most Significant Upgrade of the Year - What Are the Highlights of Glamsterdam?"

Ethereum co-founder Vitalik Buterin has been quite active on social media recently, first reflecting on the previous Layer 2 roadmap, and then outlining a new plan for Ethereum's future direction. This has raised expectations for the Ethereum Glamsterdam upgrade in the first half of this year. What are the key features of Glamsterdam, the most important Ethereum upgrade in the first half of this year?

Market Data

Daily overall market funding heat (reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks