Daily Market Digest

NYSE Removes Position Limits on Bitcoin and Ether ETF Options

NYSE Arca and NYSE American eliminated the 25,000 contract position limit on crypto ETF options for both Bitcoin and Ethereum funds, with SEC approval waiving the standard 30-day delay. The change enables institutional participants to build larger positions, powering $1.47 billion in ETF inflows over two weeks.

Resolv Protocol Suffers $80 Million Exploit via Compromised Key

An attacker gained unauthorized access to Resolv infrastructure and exploited a flaw in the USR stablecoin minting mechanism, creating tens of millions of unbacked tokens. The malicious actor rapidly sold tokens into DeFi liquidity pools, causing USR to crash 86% to $0.14 with approximately $24 million in confirmed profits.

MicroStrategy Acquires 22,337 BTC for $1.57 Billion

Strategy (formerly MicroStrategy) purchased 22,337 BTC during the March 9-15 week through $1.2 billion in perpetual preferred shares and $400 million in common equity. The company now holds 762,099 bitcoins at an average cost of $66,384, pursuing a goal of one million BTC by end of 2026.

Crypto Markets Face $336 Million in 24-Hour Liquidations

Total liquidations reached $336 million amid geopolitical tensions with Iran driving Brent crude above $114 per barrel. The Fear and Greed Index hit 8 out of 100, marking 46 consecutive days of extreme fear, the longest streak since the post-FTX collapse of late 2022.

Bittensor Ecosystem Surges on Templar AI Model Launch

Bittensor subnet tokens rallied after Templar released Covenant-72B, a 72-billion-parameter large language model trained entirely on decentralized infrastructure. TAO broke key resistance levels as protocol changes now funnel emissions directly into subnet liquidity pools.