This week, in the Eastern Eight Time Zone, the situation in the Middle East and the Federal Reserve's path, which had originally been parallel, began to intertwine: on one side, the escalating Israel-Iran conflict sparked systemic concerns about energy and trade chains; on the other side, the market, which had originally been certain about "interest rate cuts within the year," was suddenly pushed back onto the path of "rising interest rate expectations" by inflation that was higher than expected and resilient employment data. Under the resonance of these two forces, global equities, bonds, currencies, and precious metals experienced simultaneous tremors, with U.S. Treasury yields soaring.

Author: Gate Research Institute Core Summary After the joint airstrikes by the United States and Israel on Iran, gold and crude oil gapped higher on Monday, global stock markets opened lower, and Bitcoin experienced increased volatility, triggering approximately $80 billion in market value fluctuations within a few hours. Gold is supported by real interest rates and central bank purchases, while crude oil is influenced by OPEC+ production capacity and geopolitical risks, both exhibiting traditional safe-haven and inflation-hedging properties amid the conflict. The market predicts a low probability of all-out war, but the risks in the Strait of Hormuz are not negligible; short-term asset volatility is driven by risk premiums, while the medium to long-term outlook still depends on the duration of the conflict and monetary policy.

March 2026 Market Insight: The total market value of RWA on-chain steadily grew to 27.35 billion USD, the US SEC approved the Nasdaq tokenized stock pilot, and Wall Street is accelerating on-chain adoption. Mainstream banks and institutions are actively positioning in tokenized deposits and stablecoin payments, with the market transitioning from high turnover expansion to a focus on existing stock accumulation.

Maintaining regulatory ambiguity with "offshore" forever may be the consensus expectation for perp DEX.

Author: Wu Says Blockchain This issue of Wu Says Space mainly revolves around "What is the market trading after the escalation of the US-Iran conflict?" The participating guests include secondary researcher Minta, frontier technology investor Didier, and macro hedge fund PM Griffin Ardern. The discussion concluded that the current market is shifting from "short-term geopolitical shocks" to "long-term conflict pricing": the prices of crude oil, shipping insurance, terminal products, and some central bank policy changes indicate that the impact of war has begun to seep into the global supply chain and inflation expectations. Based on this, the two guests judged that in the future, more...

When liquidity runs dry, there are no true safe-haven assets.

The Lutnick family owes Tether a favor.

U.S. Treasury Secretary Scott Bessent rarely shares his macro investment philosophy: how to challenge 85% of market consensus, seek excess returns in the bond market and geopolitical conflicts, and for the first time disclose his "lifeguard" survival rules and science fiction thinking background.

The global trading market is evolving from "single asset speculation" to "multi-market interaction."

On March 19, 2026, at 8:00 AM UTC+8, institutional investors including Sky Ventures launched a set of highly aggressive macro positions on the decentralized derivatives platform **Hyperliquid**: shorting the S&P 500 index contracts with about **20 times leverage**, while going long on Brent crude oil with about **7 times leverage**, and continuously planning to increase positions through **TWAP time-weighted orders**. Under the tense situation in the Middle East and the Fed only providing a vague outlook of “maybe cutting rates once this year,” traditional

Looking back at 2025, Bitcoin recorded negative returns 7 times (out of a total of 8 meetings) within 48 hours after the FOMC meetings.

Original | Odaily Planet Daily (@OdailyChina) Author | Wenser (@wenser 2010) On March 17 local time, the U.S. SEC officially released its 30th press release of the year. In this explanatory document of fewer than 1,000 words, U.S. SEC Chair Gary Gensler and CFTC Chair Michael Phillips jointly clarified for the first time the constraints placed on the entire cryptocurrency industry: most crypto assets are not securities, but classified as "digital commodities."

March 18 is not the end, but the starting point.