U.S. Stock Index Futures Extend Losses, Dow Jones Index Futures Down 0.6%

March 24th — Per Bitget market data, Circle (CRCL) has dropped over 16% in intraday trading, notching its biggest single-day decline since June 2025. The token is now trading at $106.1.

On March 24, Bloomberg reported that Paris-based digital asset firm Ledger has closed a $50 million secondary equity sale. Its CEO noted the company currently has no immediate plans for an initial public offering (IPO). Led by Pascal Gauthier, the transaction wrapped up in Q4 2023 with an early investor offloading a portion of their stake. Gauthier told reporters in an interview that he declined to disclose the firm’s valuation.

On March 24, Bloomberg reported that Norway’s Sovereign Wealth Fund has cut costs by billions of krone using artificial intelligence (AI) in trading and investment decisions—but the fund’s CEO says those savings won’t lead to layoffs. In a Tuesday interview, CEO Nicolai Tangen stated: “AI should be integrated into society to boost productivity and create value, not to reduce staff.” He added that such layoffs are “disruptive.”

March 24 (Bloomberg) — Bank of Montreal plans to offer institutional clients tokenized cash services and deposit facilities, enabling them to mobilize funds more conveniently on demand. The Canadian lender will launch the service via the network of CME Group, the largest U.S. derivatives exchange. Derek Fountain, the bank’s North American head of Treasury and Payment Solutions, said in a Tuesday statement: “Customers will be able to move funds as needed when markets demand it, no longer restricted to bank business hours.” ### Notes on adjustments (aligned with U.S. English habits): 1. **Institutional accuracy**: Corrected "Montreal Bank of Canada" to *Bank of Montreal* (the bank’s official U.S.-recognized name, often shortened to BMO). 2. **Conciseness**: Replaced wordy phrases (e.g., "allowing them to more conveniently mobilize funds at any time" → "enabling them to mobilize funds more conveniently on demand") to fit U.S. financial news brevity. 3. **Tone consistency**: Use

On March 24, data from Coinglass reveals: - If Bitcoin falls below $68,000, the cumulative long liquidation strength across major centralized exchanges (CEXs) will reach $1.068 billion. - Conversely, if Bitcoin surges above $72,000, the cumulative short liquidation strength on major CEXs will hit $1.075 billion. **BlockBeats Note**: Liquidation charts do not display the exact number or value of contracts being liquidated. Instead, the bars reflect how significant each liquidation cluster is relative to neighboring clusters — this is defined as "strength." As such, the charts show the degree of impact when a specific price level is reached. A taller "liquidation bar" indicates the price hitting that level will trigger a more intense reaction due to a liquidity cascade.

On March 24, per HTX market data, Bitcoin briefly dipped below $70,000 and is currently trading at $70,037, down 2.04% over the past 24 hours.