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UBS Predicts S&P 500 Index Will Skyrocket to 7700 Points

2 hours ago

On March 20, UBS remains bullish on U.S. equities, forecasting the S&P 500 Index will hit 7,300 by mid-2026 and 7,700 by year-end, per Bloomberg Terminal data. The firm cites three key drivers for the upward trend: strong profit growth, expected Federal Reserve rate cuts, and AI-driven economic expansion. UBS projects 11% profit growth for 2026. Geopolitical risks are viewed as temporary, and the bank expects the energy market to stabilize. While ongoing volatility could pressure stocks, historical trends show markets typically rebound after such events. Despite recent market turbulence, UBS maintains an optimistic overall outlook for U.S. stocks.
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Wirex Business Account Integrates Morpho Treasury to Provide Yield Support for its USD or EUR Funds

March 20, digital payment platform Wirex has integrated the Morpho Treasury—managed by Gauntlet—into its corporate accounts. The feature automatically converts a company’s USD or EUR deposits into USDC or EURC, then deposits the stablecoins into Morpho’s treasury; Gauntlet oversees risk management and strategy configuration for the service. To date, over $10 million in corporate funds have generated returns via the integration. Wirex plans to expand the service to GBP, AUD, and HKD accounts going forward, and launch enterprise loans backed by Bitcoin collateral.

5 minutes ago

Binance will delist APTUSD and OPUSD Coin-Margined Perpetual Contracts

On March 20, Binance Futures announced via official sources that it will conduct automatic liquidation of APTUSD and OPUSD coin-margined perpetual contracts at 5:00 PM on March 25, followed by the delisting of these trading pairs immediately after the liquidation.

5 minutes ago

A Whale Went Short on ETH 20x for Nearly 3 Hours, Holding $21.44M Position

On March 20, Onchain Lens data shows a whale opened a 20x-leveraged ETH short position over the past three hours, holding 10,056 ETH valued at $21.44 million. The same whale has previously lost over $1 million on long/short positions in NVDA and BTC.

5 minutes ago

The market expects the Fed to hike rates in December

March 20: Short-term interest rate futures suggest the market is pricing in a Fed rate hike in December. (FX678)

5 minutes ago

An entity claimed 40% of the ROBO airdrop through over 7000 addresses, worth approximately $8 million at launch.

March 20th: Monitoring by Bubblemaps reveals a single entity secured 40% of the total airdrop allocation for Fabric’s ROBO token via a Sybil attack on the protocol’s robot network. Bubblemaps has traced over 7,000 wallets with identical on-chain activity—these addresses received similar amounts of Ethereum from 7 exchanges in the two months leading up to the token launch. After transfers through three layers of new wallets, they claimed the airdrop, totaling ~199 million ROBO tokens (worth roughly $8 million at the February 27th launch). Bubblemaps stated there is currently no evidence linking this activity to the Fabric or OpenMind core teams.

5 minutes ago

Spot Gold and Silver Fall, Silver Breaks Below $70

On March 20th, spot gold dropped below $4,610 per ounce, notching a 0.90% daily decline, according to Bitget market data. Spot silver fell below $70 per ounce the same day, with a 3.89% daily drop.

5 minutes ago