Bittensor's TAO experienced a 6.97% decline, trading at $322 after a brief surge to $380 on March 26. According to NS3.AI, the breakout above the $306 Fibonacci resistance zone has stalled. Market sentiment has weakened, and liquidation leverage has clustered at $364.

Pi Coin's price fell by 3.26% to $0.178, raising concerns about a potential further decline. According to NS3.AI, the current market conditions resemble those of December, suggesting a possible 33.11% drop to $0.130. The analysis highlighted that the Chaikin Money Flow (CMF) indicator has decreased to -0.11, while the Money Flow Index (MFI) is at 35.23. A daily close above $0.210 could negate the bearish outlook.

The United Nations has expressed concerns over the escalating situation in the Hormuz Strait, which could disrupt maritime trade in the coming months. According to Odaily, UN Secretary-General spokesperson Stéphane Dujarric highlighted the potential chain reactions affecting humanitarian needs and agricultural production due to ongoing Middle East conflicts. Despite Secretary-General António Guterres's commitment to a comprehensive and lasting resolution, immediate action is crucial to mitigate these consequences. In response to these challenges, the Secretary-General has established a dedicated task force.

On March 27 local time, UN Secretary-General's spokesperson, Stéphane Dujarric, stated regarding the situation in the Strait of Hormuz that as the Middle East conflict continues to develop and could escalate further, the disruption of maritime trade through the Strait of Hormuz could trigger a chain reaction in the coming months, impacting humanitarian needs and agricultural production. While Secretary-General Guterres is committed to making every effort to achieve a comprehensive and lasting solution to the conflict, immediate action to mitigate these consequences is crucial. To address these challenges, the Secretary-General has established a dedicated working group. (CCTV News)

Iran's Islamic Revolutionary Guard Corps has issued a warning to personnel at industrial enterprises linked to the U.S. and Israel, advising them to leave immediately. According to NS3.AI, residents within a one-kilometer radius have also been urged to evacuate temporarily during relevant operations. This warning comes in response to several strikes by the U.S. and Israel on Iranian industrial centers earlier that day, prompting Iran to announce its decision to undertake retaliatory actions.

U.S. Secretary of State Rubio stated on March 28 that the United States can achieve its objectives in Iran without deploying ground forces. According to BlockBeats, there have been exchanges of information with Iran, and indications suggest a willingness from the Iranian side to negotiate on certain issues. PolyBeats monitoring reveals that on the prediction market Polymarket, the probability of U.S. ground forces entering Iran by the end of March stands at 18%, while the likelihood of entry by the end of April is 61%.

The Iranian Islamic Revolutionary Guard Corps issued a statement saying that Iran has decided to retaliate after multiple attacks by the United States and Israel on Iranian industrial facilities. The statement warned industrial enterprises and heavy industry workers in the region with ties to the US and Israel to immediately evacuate their workplaces to avoid endangering their lives. The statement indicated that despite previous warnings from Iran urging against action against Iranian industrial facilities, the US and Israel carried out multiple strikes on Iranian industrial centers that day. The statement also called on residents within a one-kilometer radius of such industrial facilities to temporarily evacuate their homes during the attacks. (CCTV News)

Bitcoin fell to its lowest price since March 2nd on Friday, reaching $65,720, with recent trading around $65,804, a drop of over 4% on the day. Ethereum fell about 4% to $1,980, Solana fell 5% to below $83, and BNB fell 3% to $608. According to CoinGlass data, over $500 million in crypto positions were liquidated in the past 24 hours, with nearly 90% being long positions. Strategy, the largest corporate Bitcoin holder with approximately $50 billion in Bitcoin, saw its stock, MSTR, fall over 5% on the day, breaking below $124 intraday, a one-month low. BitMine Immersion Technologies (BMNR), the largest publicly traded company with the largest Ethereum holdings, touched a one-month low of $18.42 intraday, a drop of over 4% on the day. Cryptocurrency and stock trading platform Robinhood (HOOD) also fell to a monthly low, trading slightly above $66, down more than 11% over the past month and more than 50% over the last six months. All three major U.S. stock indices fell, with the Nasdaq down 1.5%, and the S&P 500 and Dow Jones each down about 1%. The U.S. President said after the market closed on Thursday that he would suspend plans to strike Iranian energy facilities, but Israel subsequently said it would "escalate" its attacks on Iran following a missile strike. Users of the prediction market platform Myriad currently believe there is a 64% probability that Bitcoin's next target is $55,000 rather than $84,000.

U.S. Secretary of State Rubio has indicated that Iran might establish a toll system in the Strait of Hormuz. According to Odaily, this development could have significant implications for international shipping and trade routes. The Strait of Hormuz is a strategic chokepoint for global oil transportation, and any changes to its accessibility could impact global markets. The potential toll system reflects ongoing geopolitical tensions in the region, with Iran seeking to exert more control over this critical maritime passage.

US Secretary of State Rubio: Iran may decide to establish a toll collection system in the Strait of Hormuz. (Jinshi)

Animoca Brands is considering Hong Kong for its upcoming IPO due to the city’s growing digital asset sector. Despite a drop in valuation from $5.9 billion to between $1.5 billion and $3 billion, the company is focused on expanding and has yet to set a firm IPO timeline.