NOM (Nomina) increased by 14.63% in the last 24 hours, with a market capitalization of approximately $25.6 million.

Chinese electric vehicle company Jiuzi New Energy "exchanges shares for coins," planning to use $1 billion worth of equity to acquire 10,000 Bitcoins

Nine Purple New Energy announces the acquisition of 10,000 Bitcoins with approximately $1 billion in equity, aiming to expand digital asset reserves and enhance asset flexibility. However, with Bitcoin price fluctuations and market uncertainties, the sustainability of the DAT model is questioned, increasing investment risks. This move has triggered significant stock price volatility, accompanied by concerns over speculation and manipulation.

Arthur Hayes warns: Bitcoin SaaS decoupling incomplete, dead cat bounce risk still exists

Legendary trader Arthur Hayes claims that the current rebound in Bitcoin is merely a "dead cat bounce," pointing out its high correlation with the US SaaS software ETF has failed to decouple, and the rebound lacks sustainability. He warns investors to remain patient and analyzes cross-asset correlations, trading volume, and macroeconomic environment, reminding that a true bottom requires independent momentum to emerge.

PIPPIN drops 37% as $43 million is withdrawn from the market – What's going on?

In the past 24 hours, the price of PIPPIN has dropped sharply by 37%, matching a decrease of $43 million in open contracts (OI), indicating a wave of large position closures happening in the market. This significant decline often reflects traders exiting leveraged positions as prices fall. This suggests that a strong wave of liquidation is underway in the market.

Arthur Hayes: BTC has not yet decoupled from American SaaS technology companies and may only be a short-term rebound

Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC (white) has not yet decoupled from the US SaaS technology company (green). This may just be a short-term rebound, and it has not yet moved out of the danger zone. Patience is required.

Pi Network price hits two-week high, protocol upgrade drives 8.5% increase

Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.

Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high

According to observations from the Gate Research Institute, the current implied volatility for Bitcoin (BTC) and Ethereum (ETH) are 55% and 74%, respectively, reflecting the options market's high expectations for short-term price fluctuations. Recent negative Delta skew for BTC and ETH indicates increased demand for short-term puts. The Gamma distribution is concentrated around March 13, which could lead to amplified volatility. In terms of large options trades, significant buying activity has been observed for both BTC and ETH.