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Asphalt surged by 11%, with the operating rate at its lowest level in nearly five years! With demand set to explode in April, has the upward channel for the asphalt market already begun?

Foresight News reported that Miles Jennings, Head of Policy at a16z crypto, stated in a post that the foundation model is no longer suitable for the development of the crypto industry. He recommends shifting to ordinary Developer Companies to achieve better incentive alignment, growth, and influence.He noted that foundations were originally a stopgap measure to address regulatory concerns, but have now become a source of friction. Foundations struggle to efficiently deploy capital, attract top talent, respond to market feedback, and are unable to engage in commercial activities. Founders do not need to abandon network development; company structures can achieve alignment through PBC (Public Benefit Companies), network revenue sharing, milestone vesting, contractual protection, and programmatic incentives. DUNA (Decentralized Unincorporated Nonprofit Association) and BORG (Cybernetic Organization) can enable DAOs to have legal entity capabilities and on-chain governance, eliminating the centralization drawbacks of foundations.

BlockBeats News, March 16, according to Coinbob Hot Address Monitoring, the "ETH Swing Master" address (0xa5b0) has expanded its total floating profit on long positions to $1.6 million, with a total position size reaching $203 millions. This address is currently the largest long position holder for both BTC and ETH on the Hyperliquid platform. Its ETH long position was opened on February 9, and has not been closed since February 15, maintaining a bullish outlook. The main positions are as follows: 15x ETH long: position size is about 70,000 ETH, approximately $152 millions, average price $1,991, floating profit $13 million (128%); 20x BTC long: position size is about 700 ETH, approximately $50.8 millions, average price $68,420, floating profit $2.93 million (114%); This whale previously established ETH long positions worth over $100 millions at the end of last year, and closed all positions in February this year. Recently, it has rebuilt positions and has received multiple fund transfers from Matrixport, suspected to be a related address.