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Samsung Electronics is considering shifting from a memory chip contract model to a multi-year agreement.

2 hours ago

March 18 — Bloomberg reports Samsung Electronics is weighing a shift to multi-year memory chip contract agreements, a move far longer than its current practices to stabilize supply and ease concerns over key component shortages. Samsung Electronics Co-CEO Jun Young-hyun told the company’s annual shareholders meeting the tech giant is considering extending existing quarterly or annual contracts to as long as three to five years. He noted the adjustment is significant, as demand for AI memory chips is expected to surge through 2026.
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A whale withdrew 3156 ETH from Binance, approximately $7.34 million

On March 18, per Onchain Lens data, a whale withdrew 3,156 ETH from Binance, valued at roughly $7.34 million. Currently, the whale holds 4,697 ETH, worth approximately $10.91 million.

3 minutes ago

thomasg.eth Spends $6.08M to Buy 2582 ETH

On March 18, blockchain analytics firm Look Into Chain reported that thomasg.eth spent 6.08 million USDC to purchase 2,582 ETH just two hours ago. Over the past three days, the address has allocated a total of 14.08 million USDC to acquire 6,204 ETH, with an average entry price of $2,269.

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South Korean Financial Regulatory Agency: Will Expand 100 Trillion Won Market Stability Plan If Needed

On March 18, South Korea’s financial regulator announced it will expand its 100-trillion-won market stabilization plan if necessary. (IG)

3 minutes ago

Institutional Outlook on Federal Reserve Rate Path: Room for Rate Cuts is now quite limited, with only one rate cut possible later this year

The Federal Reserve will announce its interest rate decision at 2am Beijing Time tomorrow (March 18). Markets widely expect the central bank to hold rates steady, shifting focus to Chair Jerome Powell’s post-meeting monetary policy press conference. Key institutional outlooks follow: 1. **Bloomberg**: Further rate cuts have limited room; expects the Fed to deliver the cycle’s final 25-basis-point cut at the June meeting. 2. **Goldman Sachs**: Forecasts 25-basis-point cuts in September and December; earlier cuts possible if the labor market softens more sharply than anticipated. 3. **Deutsche Bank**: Expects rates to stay unchanged this week; rising geopolitical uncertainty and oil-driven inflation are shrinking the scope for cuts. 4. **Nomura Credit**: Sees rates on hold through year-end; some FOMC members may argue to overlook short-term energy-fueled inflation, but most are more cautious. 5. **ING Bank**: The Fed is likely to maintain a wait-and-see stance under Powell;

3 minutes ago

CZ: Will attend the DC Blockchain Summit tonight at 9:25 PM to share views on the development of the US crypto industry

On March 18, Binance founder CZ took to social media to say: "I will join the DC Blockchain Summit virtually at 9:25 a.m. Eastern Time today (9:25 p.m. Beijing Time). At that time, I’ll share my thoughts on the state of the U.S. crypto industry, where the sector heads next, and some behind-the-scenes personal anecdotes."

3 minutes ago

Meta's flagship Metaverse product will no longer support Quest VR headset user access

March 18th — Meta Platforms announced Tuesday (per Bloomberg) that Meta Quest headset users will lose access to Horizon Worlds — the virtual space for avatar meetups and activities — starting June 15th. This marks another retreat from the company’s once-core "metaverse" push under Mark Zuckerberg. Key changes taking effect June 15: - Quest users can no longer create, publish, or update VR worlds on the headset, nor access them via Horizon Worlds. - Users may still access these virtual worlds through the Meta Horizon app.

3 minutes ago