Gate News reported that on March 20, Tether Chief Executive Officer Paolo Ardoino posted on X, stating that the team is optimizing the wallet user interface and inviting users to vote on the display format for small balances. For ultra-small balances below one cent, users can choose to display fractions precise to the cent, or select a more streamlined alternative display format. Paolo Ardoino encouraged users to participate in feedback to help the team decide on the final display effect.

The Procuratorate of Yuetang District, Xiangtan City, Hunan Province announced a verdict in a money laundering case. Eight defendants were sentenced for concealing telecom fraud proceeds through virtual currency and counterfeit Moutai liquor transactions, with the case involving more than 6.84 million yuan. The criminal group used sophisticated methods to disguise illegal proceeds as legitimate income. They were ultimately discovered by police and subjected to a full-chain crackdown.

Gate News reports that on March 20, according to Whale Alert monitoring, a Bitcoin whale address that had been dormant for 13.7 years was just activated. The address holds 2,100 BTC, valued at approximately $147 million at current prices. This batch of Bitcoin was worth only $13,685 in 2012, and after holding for 13.7 years, the value has increased more than 10,000 times.

On March 19, when Bitcoin's price declined, open interest (OI) rose instead, showing that short positions increased, with price touching around $68,750. The current rebound lacks new long position support and appears more like range-bound consolidation. Attention should be paid to changes in price and OI.

According to Gate News, on March 20, TAO's price surged more than 21%, now trading at $305.7. Nvidia CEO Jensen Huang praised Bittensor (TAO) in a podcast, pointing out that it successfully trained a 4 billion parameter Llama model, a process that fully demonstrated the achievements of distributed computing.

Gate News, on March 20, Santiment data showed that over the past three months, the number of Bitcoin whale wallets holding more than 100 BTC increased by 753, representing a 3.9% increase. Notably, this growth occurred while Bitcoin's price declined 20.2% during the same period. The increase in the number of large holders suggests that major investors remain confident in the long-term potential of cryptocurrencies.

Gate News reports that on March 20, market data shows spot gold rose more than 1.00% intraday, currently trading at $4697.25 per ounce.

Gate News: On March 20, Jupiter announced that it has launched Pre-IPO stock token trading functionality, allowing users to purchase stock tokens of popular unlisted companies such as OpenAI and Anthropic. Related orders will be executed by PreStocks.

Gate News reported that on March 20, market data showed spot silver (precious metals investment product) rose more than 1.00% during the day, currently trading at $73.55 per ounce.

Gate News Report: On March 19, Velo Protocol announced a partnership with SumPlus. The two parties will achieve AI-driven financial services through technical integration. This collaboration aims to enable autonomous agents to execute secure on-chain transactions in the DeFi space, providing users with more intelligent decentralized finance solutions.