Trump reversed his stance on Canadian tariff policies multiple times on Tuesday, causing a "roller coaster" market. At the opening, the major US stock indexes rose, but then Trump announced a 25% tariff on Canadian steel and aluminum, causing the three major indexes to fall. Shortly after, news came out that this policy was suspended and both sides would renegotiate, but the downward trend in the US stock market remained. In the afternoon, the market changed again as Ukraine agreed to a 30-day ceasefire. Large-cap tech stocks rebounded, pushing the US stock market to hit new daily highs, but the market weakened again towards the end of the day. At the close, all three major indexes fell, with the Dow falling 1.14%, the S&P 500 falling 0.76%, and the Nasdaq falling 0.18%. Most of the big tech stocks rose.

Cynthia Lummis, a US senator friendly to encryption and chairman of the US Senate Banking Committee's digital asset subcommittee, has resubmitted a new version of the Bitcoin Reserve Act. The latest version will allow the US government to hold more than 1 million bitcoins, as long as these bitcoins are obtained through legal means other than direct purchase, such as civil or criminal forfeiture, gift to the United States, or transfer from a federal agency. The previous version of the bill required a total acquisition of 1 million bitcoins within five years. In addition, the new bill also establishes an evaluation process for Bitcoin fork assets and airdropped assets in reserves, requiring all fork assets to be held in reserves and not sold or disposed of within five years unless authorized by law.

Goldman Sachs has lowered its year-end target for the S&P 500 index from 6,500 points to 6,200 points by 2025, reflecting the institution's adjustment of its fair forward price-to-earnings (P/E) ratio from 21.5 times to 20.6 times, a decrease of 4%. At the same time, the expected earnings per share (EPS) of index component stocks have been lowered, with the 2024 EPS expectation dropping from $268 to $262, and the 2025 expectation dropping from $288 to $280. 

the US Bureau of Labor Statistics will release the Consumer Price Index (CPI) report for February at 20:30 tonight (Beijing time). The market expects inflation to ease slightly but still remain above the Federal Reserve's target.

despite the rebound in Bitcoin prices, Presto Research analyst Min Jung believes that Tuesday's increase only represents a slight correction after the recent sharp decline in the market. "We see the market recovering, but it is more like a slight rebound after yesterday's crash, with no dominant news driving this trend," Jung said. "In addition, the stock market closed slightly lower that day, rather than another major sell-off." Investors are now focusing on the release of the U.S. Consumer Price Index on Wednesday, which is a key indicator of inflation. "Today's CPI release will be a major event, as the entire market is watching the inflation trend and how the Fed will respond," Jung said. LVRG Research director Nick Ruck pointed out, "While Bitcoin and other cryptocurrencies have eased somewhat, this rebound is just correcting the overly cautious risk aversion sentiment." The price increase was partly driven by the news that Trump canceled the 50% tariff plan on Canadian steel and aluminum that was originally scheduled to take effect on Wednesday. Earlier on Tuesday, Ukraine agreed to Trump's proposed 30-day ceasefire, and the U.S. leader is now seeking dialogue with Russian President Putin to end the conflict between the two countries. Kronos Research Chief Investment Officer Vincent Liu reminded that although tariffs have not been universally implemented to disrupt market momentum, volatility and macroeconomic risks still need to be treated with caution.

On March 12th, cybersecurity company Kaspersky discovered hackers threatening YouTube content creators with copyright complaints, forcing them to add the SilentCryptoMiner encryption mining Trojan in the video descriptions. This malicious software is based on XMRig and is used to mine cryptocurrencies such as Ethereum, Ethereum Classic, Monero, Ravencoin, and controls a zombie network through the Bitcoin blockchain.

according to @ai_9684xtpa monitoring, "Hyperliquid shorted BTC whales by 20 times" added 2 million USDC as collateral 8 hours ago, and its position floating profit is still as high as 7.08 million US dollars.

On March 12th, 3Jane announced the release of the white paper for the lending agreement, allowing users to borrow without any collateral. The white paper states that 3Jane provides funds based on verifiable financial proof rather than on-chain collateral. Additionally, using zkTLS (zero-knowledge TLS) to connect on-chain and off-chain credit data for more accurate risk assessment. Non-performing loans are handled through on-chain auctions, with bids from US debt collection agencies for purchase.

On March 12th, according to the latest "2025 Airdrop Situation Report" released by Dragonfly, American users missed out on huge profits from cryptocurrency airdrops due to regional restrictions. The report analyzed data from 12 airdrop projects (11 regional restriction projects and 1 unrestricted control project) between 2019 and 2023, estimating that 920,000 to 5.2 million active American users (5-10% of American cryptocurrency holders) were affected by regional restriction policies.

 according to The Data Nerd monitoring, an hour ago, a whale continued to withdraw 113,700 AUCTION coins (approximately $2.97 million) from CEX. The whale has accumulated 500,000 AUCTION coins, with an average purchase price of $18.57. The whale's unrealized profit is approximately $3.86 million, with an investment return of approximately 41.6%.