News

On March 21, tech giant Amazon is reportedly planning to launch a brand-new smartphone, more than a decade after its last attempt, though the project remains in its early stages. Four sources familiar with the matter revealed that Amazon's Devices & Services division is developing a new project codenamed "Transformer." They stated that this phone is envisioned as a potential personalized mobile device that can sync with the home voice assistant Alexa and serve Amazon users around the clock.

PANews reported on March 21 that, according to Blockworks, BSOL (the Solana staking ETP launched by Bitwise) has become the largest Solana staking ETP by assets under management (AUM). Over 1.8 billions USD worth of SOL are staked through ETPs, with 600 millions USD held by BSOL from Bitwise.

Golden Ten Data reported on March 21 that Bank of America has explored the outlook for the US dollar and maintains a medium-term bearish view. The bank stated: "Since the outbreak of the Iran war, the US dollar has unsurprisingly appreciated against other G10 currencies, although the overall appreciation has not been significant. Until the situation becomes clearer, oil prices and major risks will continue to dominate the foreign exchange market trends. Meanwhile, central bank rate expectations in most G10 countries have been revised upward, which has somewhat restrained the dollar's appreciation," Bank of America pointed out. Bank of America further noted that although relative interest rates have not been the main driver of the foreign exchange market during this period, this situation may change as the war's impact on the real economy gradually emerges. "While we still maintain a long-term bearish view on the US dollar, as the war continues, the upside risks facing the dollar may become dominant," Bank of America added.