PIP Labs has laid off approximately 10% of its workforce, which includes 5 full-time employees and 3 contractors, primarily from the Story Foundation and the Poseidon project.
Under the leadership of Andrea Muttoni, the company is now focusing on developing AI intellectual property infrastructures and plans to automate licensing and royalty processes through programmable mechanisms.
Crypto market cap stands at $2.41T with 24h volume of $128.77B. BTC dominance at 58.66% and ETH dominance at 10.45%. Bitcoin trades at $70.8K, down 0.95% in 24h but up 3.75% over 7 days. Ethereum at $2.1K, down 1.92% in 24h and up 5.53% weekly.
Top gainers: TRUMP +28.12%, DEXE +9.96%, TAO +7.91%. Top losers: KITE -8.66%, MORPHO -7.22%, ZRO -7.20%.
Futures sentiment shows strong bullish positioning: BTC long/short ratio 1.21 (54.8% long), ETH 1.69 (62.8% long), SOL 2.14 (68.2% long). Options markets show mixed signals: BTC put/call 0.68 with 58.9% implied volatility, ETH put/call 0.58 with 81.1% IV.
Macro backdrop: 2-year Treasury yield up to 3.76 from 3.64, 10-year yield at 4.27 from 4.21. Gold down 2% to $5,023 on stronger dollar. In DeFi, Babylon Protocol (BABY) TVL dropped 23.1% to $1.8B.
The crypto sector has allocated 271 million USD to influence the upcoming 2026 US midterm elections, signaling its intent to shape political outcomes.
Democratic candidates are divided on crypto, with Juliana Stratton facing 7 million USD in negative ads while Raja Krishnamoorthi advocates for crypto-friendly legislation.
Current social media trends in the crypto space show 38k and fam leading with scores of 322.0 and 321.2 respectively, followed by velomomentsmar12 (289.2), bounty (237.9), and friday (235.6). Emerging terms include innovative (213.9), 50m (189.1), and 13th (181.2). These trending narratives reflect ongoing market discussions and community engagement patterns across social platforms.
The Uniswap V3 USDC-WETH pool on Ethereum is currently offering 55.25% APY with $96M in total value locked. High yield rates typically reflect elevated risk—liquidity providers should evaluate concentrated position risks and impermanent loss exposure before committing capital.
Circle has introduced Circle Skills, an open-source AI tool aimed at aiding developers in creating stablecoin applications.
The tool supports USDC and EURC, integrating with various AI platforms to enhance the development of payment and smart contract solutions.
Tim Draper, the American venture capitalist, stated on March 14th that his life’s mission is to promote entrepreneurship worldwide. His investments, particularly in Bitcoin, Tesla, and SpaceX, have led to a portfolio valued at over 1 trillion USD.
Draper intends to focus on upgrading transportation and space technologies while leveraging AI to boost efficiency. His commitment to advancing the Bitcoin ecosystem also remains a top priority for the coming decade.
On March 14, Bitcoin Depot introduced ReadyBucks, a financial services platform that aims to support small businesses and gig economy workers with necessary working capital. This service is currently available across multiple states in the U.S., with ambitions for further expansion.
The Generative AI sector is experiencing significant momentum with a 10.9% market cap increase, reaching $5.6B. Trading volume surged 65.4%, signaling increased investor interest across 102 tokens in the category. The sector rotation reflects growing adoption of AI-powered blockchain applications and services.
A transfer of 130 million USDC (approximately 130 triệu USD) moved from the USDC Treasury to Coinbase, according to blockchain monitoring data. The transaction represents a significant movement of the stablecoin, though the purpose behind the transfer remains unclear. Such treasury transfers typically relate to operational needs, liquidity management, or institutional activity on the exchange.