Vitalik: Ethereum's essence is "world computer", and continuous improvements to the Ethereum protocol and infrastructure are still needed
March 12, Ethereum co-founder Vitalik Buterin posted:
“I recently attended Real World Crypto and its affiliated events, which helped me gain a clearer understanding of blockchain use cases. Where can Ethereum create the most value? Based on my experience at these events, the first answer isn’t what you’d expect. It’s neither smart contracts nor payments—instead, it’s what cryptographers call a ‘public bulletin board.’
“Ethereum has significant value. If you step back and look at it from first principles—purely as a technical tool: global shared memory—you can grasp its value. I think the main bottleneck holding this use case back is that the world hasn’t realized we’re no longer in the 2020-2022 era. Today, transaction fees are extremely low, and we have a robust scalability roadmap to ensure fees stay low even if usage surges sharply. The infrastructure is also more mature when it comes to shielding users from fee volatility.
“Treating Ethereum’s blobs as a bulletin board, ETH
5 minutes ago
A whale withdrew 348.3 BTC from Binance, accumulating a total of 1,720.2 BTC over the past 9 days
On-chain analyst Wu Jinyu reported that a whale/institution withdrew 348.3 BTC (valued at $24.55 million) from Binance an hour and a half ago. Over the past nine days, this entity has accumulated a total of 1,720.2 BTC (worth $120 million) via Binance, with an average purchase price of $69,527.
5 minutes ago
Citi Raises Oil Price Forecast Amid Iran Conflict Background
March 12th – Citi Research has raised its Brent crude price forecasts: $75 per barrel for Q1, $78 for Q2, and $68 for Q3, up from prior projections of $73, $70, and $62, respectively. The firm noted oil prices may fluctuate in the $80-$100 per barrel range in the near term.
In a report, analyst Eric Lee stated: “We believe neither the U.S. nor Iran wants the conflict to escalate further, as that would likely target regional energy infrastructure and Iran’s domestic public infrastructure. Thus, our base case is the situation will de-escalate shortly after the U.S. achieves its military objectives.”
He added, however, that the risk of attacks on regional energy infrastructure remains elevated – a scenario that could trigger an oil shock akin to the 1970s. (Source: FX Street)
5 minutes ago
Binance Launches Alpha Market Data, U Futures Trading, and 4 Other AI Agent Skills
March 12 — Binance has officially rolled out four new AI Agent Skills, expanding into derivative trading, leveraged trading, Binance Alpha, and asset management, per an official announcement.
The new capabilities include:
- Alpha Market Data: Access without an API key required;
- USD?-M Futures Trading: 70+ endpoints, with testnet support;
- Leveraged Trading: Cross/isolated margin, up to 10x leverage;
- Asset Management: One-stop tools for deposits, withdrawals, and balance tracking;
Building on its initial 8 skills, AI Agents can now tap into deeper Binance trading infrastructure and broader asset management tools via a unified, standardized interface.
5 minutes ago
Iranian Statement Says Hormuz Strait Will Remain Closed, "Largest Long Position ASTER" Enters $5M Long Crude Oil Trade
On March 12, per HyperInsight monitoring, escalating geopolitical tensions pushed international oil prices higher after Iran’s Supreme Leader stated the Strait of Hormuz would remain closed.
U.S. oil firm Battalion Oil surged more than 21%, while the U.S. crude oil ETF jumped nearly 7%. On the Hyperliquid platform, WTI crude (CL) rose above $93, and Brent crude (BRENTOIL) climbed to $96.
Against this backdrop, the largest bull whale on-chain ASTER — neoyokio.eth (address 0x152) — opened a 4x leveraged long position on crude oil in the past half-hour. The whale purchased 55,800 contracts (equivalent to $5.2 million) at an average price of $92.97. As of press time, this position has a realized profit of $32,000.
5 minutes ago
Reuters Poll: Majority of Economists Expect Fed to Cut Rates by 25 Basis Points Next Quarter to 3.25%-3.50%
March 12 (Reuters) - A Reuters survey shows most economists expect the Federal Reserve to cut the federal funds rate by 25 basis points in the next quarter, bringing it to a range of 3.25%-3.50%.
Of the 96 economists polled, 63 hold this view—up from 51 out of 101 respondents who predicted such a cut in February.
Separately, 29 out of 37 surveyed economists said the Fed is more likely to keep interest rates steady for longer than previously anticipated.
(FX678)
5 minutes ago
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