March 16 | Overnight Highlights 🌙
🔹 Boyaa Interactive: 2025 Loss of HK$239 Million
Boyaa Interactive released its 2025 annual results, showing a loss of HK$239 million, a shift from profit to loss, mainly due to market volatility and investment losses.
🔹 Iranian Foreign Minister: Never Requested Ceasefire or Negotiations
The Iranian Foreign Minister clearly stated that Iran has never requested a ceasefire or negotiations from any party, and emphasized that it will continue to adhere to its established position.
🔹 Sources Say US Diplomatic Facility in Iraq Attacked by Rockets
According to sources, a US diplomatic facility in Iraq was attacked by rockets. No organization has yet claimed responsibility, further escalating regional tensions.
🔹 Tom Lee: US Stocks May Bottom Out This Month, Rising Oil Prices Actually Relatively Beneficial to US Stocks
Fundstrat co-founder Tom Lee stated that US stocks may bottom out this month, and believes that rising oil prices are actually relatively beneficial to US stocks, as rising energy prices will drive capital expenditure and economic growth. 🔹 10x Research: Buy Signals Emerging in Altcoins, Bullish on AI Assets Like TAO
10x Research points out that the altcoin market is showing buy signals, particularly bullish on AI-related crypto assets like TAO, believing they possess structural growth potential.
🔹 DWF Labs Partner: Traditional Altcoin Season is Disappearing, Institutional Funds Shift to BTC, ETH, and RWA
A partner at DWF Labs stated that the traditional "altcoin season" is disappearing, with institutional funds accelerating their flow to more certain sectors such as Bitcoin, Ethereum, and real-world assets.
🔹 Bitwise CIO: If Bitcoin Captures a Portion of the Gold and Treasury Market, its Price Will Rise to $1 Million
Bitwise's Chief Investment Officer reiterated that if Bitcoin can capture a portion of the value storage market share from gold and US Treasury bonds, its price could reach $1 million, with significant long-term value potential remaining.
📌 In short: Boyaa Interactive turns a loss, Iran denies negotiations and is attacked again, Tom Lee believes US stocks are about to bottom out, institutional funds are accelerating their exit from traditional altcoins, and Bitwise reiterates its million-dollar Bitcoin target.