When everyone starts getting used to the news of the intersection between Web2 giants and Web3, how big will the crypto space be by then? This is a thought that arose after seeing PayPal's product head @EhsanDoesAI join @GoKiteAI today. The PayPal team has had the following intersections with crypto projects: 💡 PayPal's CFO Aaron Anderson is also a director at Zerohash, and the ability of IB to integrate stablecoin deposit services is thanks to Zerohash, with acquisition talks from Mastercard expected by the end of 2025. 💡 Former PayPal president David Marcus has launched the Lightning Network project @lightspark, and previously led Meta's Diem/Libra project, which did not succeed. "He publicly stated that a target price of $1.5M for Bitcoin is 'inevitable.'" 💡 PayPal co-founder Peter Thiel, who is a well-known figure, bought a 9.1% stake in BitMine through his fund last July. Dragonfly's @Hosseeb revealed: Thiel wants PayPal to create a 'currency that is independent of banks' - essentially a pioneer of the Bitcoin concept. With various recent news about capital entering the market, I believe this pace will only accelerate. Circle wants to take over the settlement layer of Agentic Commerce. Virtual is building an agent-owned economy through aGDP. Kite is competing with Stripe for the same big pie, and Stripe x Tempo is very active; it remains to be seen how @Kite_Frens_Eco and @KiteAIChinese will develop next. I checked that the team is going to hold the first Kite AI Global Hackathon at the end of March. 👀

The news that @CulperResearch, who has never shorted crypto assets, is shorting $ETH blew up this morning. The four main reasons he claims are as follows: 1️⃣ The Fusaka upgrade disrupts the ETH token economy. 2️⃣ On-chain activity data is an illusion, not real demand. 3️⃣ Vitalik is selling (again). 4️⃣ The biggest bull, Tom Lee, made a judgment error. In response, Vitalik's father @dimabuterin directly quoted this article saying: :"Whenever I see someone mention that Vitalik knows about this and is selling $ETH, I know that this person is just a clown seeking attention, not a researcher."

The parent company of the NYSE @NYSE, ICE, is investing in OKX, with a new valuation of $25 billion. Looking back at this tweet from half a year ago, at that time, $130 was a $2.7 billion FDV. $OKB has also seen a daily increase of 60% today, just bouncing back to $120. It still comes down to traditional finance. Are the positive factors for the next bull market all going to come from TradFi? 👀 This could also reasonably pull up the overall market size. According to the agreement: ICE will gain a seat on the OKX board, and the two institutions will launch multiple collaborative products. 💡 OKX will provide ICE with real-time cryptocurrency price information. 💡 OKX users will be able to trade tokenized stocks and derivatives listed on the New York Stock Exchange on the platform. This feature is expected to launch in the second half of 2026. The Chief Corporate Affairs Officer of OKX stated plans to relocate up to 2,000 employees (40%) to the U.S. to strengthen local operations and support new products. Interestingly, Frank @qinbafrank just mentioned in a tweet that he believes this investment is cost-effective, with a PE that might not even reach 10x. 👀 It was also discovered that ICE has actually been collaborating with Circle for a while. Circle signed an MOU with ICE in March 2025 to embed its USDC and USYC (tokenized money market fund) into ICE's global financial infrastructure. The two worlds are rapidly converging.