Morgan Stanley's Head of Digital Assets Strategy Amy Oldenburg stated that the development of Wall Street's crypto business stems from years of infrastructure modernization work rather than FOMO. The firm has expanded into trading and asset management, and plans to support tokenized stock trading in the second half of 2026, but faces challenges with core system upgrades.

Gate News reported that on March 24, the latest Polymarket data showed that market bets on a US-Iran ceasefire by March 31 stood at 14%, by April 15 at 34%, and by May 31 at 57%. The prediction market's trading volume has exceeded $39.85 million.

Multicoin Capital announced on March 24 that Spencer Applebaum and Shayon Sengupta have been promoted to partners and appointed as heads of the venture investment business. After years of service at the firm, they have taken on greater responsibilities, leading investment projects and influencing the company's strategic development.

Gate News reported that on March 24, Nicolai Tangen, CEO of Norway's sovereign wealth fund, stated that the fund has saved "billions of kroner" in costs by applying artificial intelligence in trading and investment decisions, but these gains will not lead to layoffs. During an interview on Tuesday, Tangen pointed out: "You should introduce artificial intelligence into society to increase productivity and value creation, rather than use it to cut personnel." He also described such layoff practices as "destructive."

According to Coinglass data, if Bitcoin drops below $68,000, the liquidation strength of long positions will reach $1.068 billion; surpassing $72,000 will result in a short position liquidation strength of $1.075 billion. The liquidation chart reflects the market's sensitivity to price fluctuations.

Gate News reported that on March 24, Paris-based digital asset company Ledger completed a $50 million secondary equity sale in the fourth quarter of last year. The transaction was led by company CEO Pascal Gauthier, with an early investor selling its stake in this deal. Pascal Gauthier stated that the company currently has no immediate plans for an initial public offering (IPO), but declined to disclose the company's valuation.

Gate News - On March 24, the Bank of Montreal (BMO) announced the launch of tokenized cash and deposit services for institutional clients through CME Group's network, the largest derivatives exchange in the United States. The service enables clients to break through traditional banking hours restrictions and achieve 24/7 continuous fund transfers. Derek Vernon, Head of North American Treasury and Payment Solutions at Bank of Montreal, stated: "Clients will be able to transfer funds whenever the market demands, rather than being constrained by banking hours."

Greeks.live indicates that Bitcoin is maintaining oscillations around $71,000 with implied volatility showing a significant decline; Ethereum's mid-to-short-term implied volatility has also decreased notably. As the quarterly expiration date approaches, $75,000 has become the primary strong resistance level.

The U.S. Commodity Futures Trading Commission has established an "Innovation Task Force" aimed at developing regulatory rules for new products and technologies in the derivatives market, with a focus on crypto assets, artificial intelligence, and prediction markets, led by the Chairman's senior advisor.

Gate News bot message: Tether announced that it has signed with one of the Big Four accounting firms to complete its first comprehensive audit. This message comes from information published in a blog post. This is Tether's first time conducting such a comprehensive audit.