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Against the backdrop of easing tensions in the Middle East, Iran announced that the Strait of Hormuz is "fully open" during the ceasefire, leading to a rise in global risk assets. Boosted by the news, Bitcoin briefly surpassed $77,000, reaching a nearly two-month high, with an increase of about 5% in the past 24 hours. Major altcoins also rose, with Ethereum, XRP, and Solana recording gains of around 6%.Iranian Foreign Minister Seyed Abbas Araghchi stated that all commercial vessels can pass through the strait during the ceasefire with Lebanon, but must adhere to the "coordinated shipping lanes" set by Iran. The strait accounts for about 20% of global oil transportation and is a critical energy corridor. In traditional markets, the S&P 500 and Nasdaq Composite both reached historic highs, indicating a significant rebound in risk appetite. U.S. President Trump also posted on social media that "the Strait of Hormuz has reopened for commercial activities," but emphasized that Iranian vessels may still face blockade measures until the U.S.-Iran agreement is fully implemented.

The dominance of the US dollar has always been a topic of concern, but Franklin Templeton believes that the dollar will remain the preferred currency. The Chief Investment Officer of the company's fixed income department, Sonal Desai, wrote in a report that the dollar's status is supported by three main pillars: the size of the world's largest economy, the depth of the market, and its institutional credibility.Sonal Desai pointed out that there are currently no reliable alternative assets, and it will take decades to establish the institutional infrastructure needed to support such a currency. The debate over the dollar's dominance has intensified, as Trump's erratic trade, geopolitical, and fiscal policies have weakened the appeal of US assets. Some analysts believe that the euro and gold are likely to become preferred reserve assets.

Sharon Yeshaya, Chief Financial Officer of Morgan Stanley, stated that tokenization and on-chain finance will become key evolutionary directions for its wealth management business.The company is envisioning a "tokenized world," where customer assets and liabilities can flow as efficiently as funds through blockchain infrastructure, thereby reshaping asset allocation, lending, and cash management methods. Unlike viewing cryptocurrency as a standalone business, Morgan Stanley plans to embed on-chain capabilities into its core service system, including investment advisory, financing, and liquidity management, to drive an overall upgrade of the financial architecture. This strategy has been gradually implemented through digital asset pilots with ZeroHash and products like Bitcoin ETFs. Although the current share of cryptocurrency business in the overall system is still small, its position in the future wealth management system is rapidly increasing.

According to monitoring by the cryptocurrency data agency Kaiko (@KaikoData), South Korea accounts for 30% of the global cryptocurrency trading volume, with altcoin trading making up as much as 85%, Bitcoin only accounting for 9%, and Ethereum at 6%, with a weekly trading volume of approximately $26 billion.In contrast, Japan's yen-denominated trading averages only between $2 billion and $3 billion per month, distributed across four exchanges, which is far less than South Korea. However, the depth of the Bitcoin market in Japan is 3 to 5 times that of South Korea, indicating that the liquidity quality in the Japanese market is superior.

Gate released its latest transparency report, with a simultaneous strengthening of its financial management and security systems. Against the backdrop of market fluctuations, Yu Bi Bao and on-chain earnings have achieved dual growth in user and fund scale, with on-chain earnings holding 3,084 BTC and 175,700 ETH, both reaching historical highs; the ETF business's trading volume in March exceeded 18 billion USDT, with continuous improvement in ecological participation.In terms of security and transparency, the platform's latest overall reserve coverage rate reached 122%, with a BTC reserve rate as high as 147%, and various assets maintaining excess reserves, further enhancing risk resistance capabilities. Additionally, in the RootData exchange transparency ranking, Gate ranked second globally, with its comprehensive strength continuously validated by the market. Furthermore, Gate continues to expand its global influence, partnering with the F1 Red Bull Racing team to host an F1 Japan Grand Prix viewing event in March, deepening brand connections and user engagement through high-profile collaborations. Gate has formed a synergistic effect in the growth of financial management scale, continuous improvement in transparency, and global brand expansion, further consolidating its leading position in the industry.

X product head and Solana ecosystem advisor Nikita Bier stated, "X has always been the best source for traders and investors to obtain financial information. Every day, billions of dollars are allocated based on what people see on their timelines. We have launched a brand new Cashtags feature on the iPhone in the US and Canada, bringing real-time financial data directly into X. Here’s how it works: · When you search for or post a Cashtag (or contract address), X will automatically recommend matching stocks or crypto tokens for you to select target assets. · By clicking any Cashtag, users can view related discussion threads and the price chart of that asset—without leaving the X platform. This feature ensures that users can always accurately match discussions related to the corresponding stock or token. Cashtags are just the first step in our commitment to creating the preferred platform for the financial and crypto community. Our vision is not just to provide charts. The content on X is valuable and actionable, so trading should also be seamless. Today we announced a pilot integration with Canadian brokerage Wealthsimple. Canadian users will see a button on the Cashtags page that allows them to complete trades seamlessly on X."

Liquid Capital founder Jack Yi tweeted, "As Iran is willing to give up uranium enrichment as a compromise to end the war, the war is progressing towards a complete end as expected, hoping that world peace is not just an empty slogan. At the same time, the structural bill will eventually pass, and I remain optimistic about this rebound market, unless the guns start firing again.Recently, I've seen many people get liquidated in altcoin contracts. Altcoins themselves are high-risk, and adding contracts makes it a guaranteed losing game, especially when your opponent controls the chips, capital, and technology. Buffett is right; slowly getting rich is the best way. No matter how skilled you are, winning five times in a row and losing everything on the sixth is not a normal business model."

According to the latest "March 2026 Private Wealth Management Monthly Report" released by Gate, in March, BTC and ETH overall showed a "decline followed by stabilization" repair structure. Institutional allocation is centered on BTC, with ETH as a supplement. In March, BTC ETF saw a cumulative inflow of approximately $86.8 billion, while ETH ETF saw about $12.6 billion.Gate's private wealth quantitative fund performed steadily, with an average annual return of 5.7% for the USDT strategy. The Xinghe Smart Investment (USDT) had the highest return rate in the past year, reaching 9.5%. The Interstellar Hedge (USDT) achieved a cumulative return rate of 18.0%, with all 21 periods realizing positive returns, resulting in a total win rate of 100%. At the end of March, the situation in the Strait of Hormuz marginally eased, and the market's expectations leaned more towards a short-term disturbance scenario, with oil prices and inflation shocks being controllable, allowing risk assets to maintain moderate performance.

According to official news, Gate will launch a Crazy Wednesday Flower Event from April 8 at 14:00 to April 12 at 16:00 (UTC+8). During the event, users can complete multiple tasks such as flash exchanges, spot trading, contracts, deposits, invitations, residual coin treasure, and on-chain earning to get a chance to open blind boxes and win prizes like XPIN, lucky bags, and trips for two to Kyoto, Keukenhof Gardens, and Provence, with a 100% winning rate.In addition, a limited-time USDT 14-day fixed-term financial product will be launched, with an annualized return of up to 8%, and new users can enjoy a 100% annualized return for 3 days. Both new and existing users can also participate in residual coin treasure financial products like USAT, USDD, 0G, APT, AZTEC, IDOS, with annualized returns of up to 300%. At the same time, users who sign up to participate in on-chain earning BTC, ETH, and SOL mining can enjoy increased annualized returns during the event, with staking annualized returns of up to 16%.

BIT released a chart today stating that cryptocurrency spot trading volume has significantly declined, with the average daily trading amount dropping from $41 billion in December 2024 to $26.6 billion in October 2025, and in the past 30 days it has fallen to only $8 billion.Spot trading volume is a key indicator of altcoin performance, reflecting market participation and risk appetite. The current contraction in trading activity helps explain the continued weakness of altcoins: sluggish trading activity translates into lackluster price trends and worsening market sentiment. For any sustained altcoin rally to truly kick off, a substantial rebound in trading volume is necessary.In the absence of clear catalysts, the likelihood of a broad-based rally is low. Current trading volume is concentrating on a few assets, and overall market participation remains relatively low.

According to market news, OpenAI CEO Sam Altman privately stated this year that he hopes the company can complete its IPO as early as the fourth quarter; CFO Sarah Friar has revealed to several colleagues that she believes the company will not be ready for an IPO until 2026, citing reasons including the required processes and organizational workload, as well as the financial risks associated with high computing power procurement commitments.Internally, Altman has repeatedly excluded Friar from financial decisions. In recent months, he did not invite Friar to participate in discussions with a top investor regarding server procurement, with one attendee describing her absence as "notable and awkward," as she had participated in previous meetings on the same topic. Since August of last year, Friar has no longer reported directly to Altman, but instead reports to application business head Fidji Simo, breaking the norm where CFOs of large companies typically report directly to the CEO.On the financial front, OpenAI has committed to investing over $600 billion in cloud servers over the next five years, with internal forecasts predicting that it will consume over $200 billion in cash before achieving positive cash flow. The $122 billion financing commitment announced this week primarily comes from Amazon and Nvidia, both of which are also OpenAI's cloud server and chip suppliers, creating a circular capital arrangement. Anthropic has surpassed OpenAI to become the preferred AI model for enterprises and developers, and OpenAI's revenue growth is also slowing.Preparations for the IPO have quietly begun: OpenAI has engaged the law firms Cooley and Wachtell Lipton Rosen & Katz and has had preliminary communications with the IPO teams at Goldman Sachs and Morgan Stanley. Altman privately expressed a desire to go public before Anthropic, which is currently discussing its IPO plans for the fourth quarter of this year. The two executives later issued a joint statement saying they are "completely aligned on the computing power strategy."

According to the official announcement, Binance has launched 13 new AI Agent skills, and the AI Agent can now access the full range of Binance products: from advanced derivatives trading and algorithm execution to fiat, payments, yield generation, and tokenized securities.Through a unified interface, the AI Agent can now fully execute end-to-end workflows ------ from research and discovery to trading, settlement, and portfolio management, without the need to switch any tools.

CryptoQuant analyst Darkfost stated that over 40% of altcoins are currently trading at or near historical lows, a figure that exceeds the previous peak of about 38% during the bear market. The cryptocurrency market continues to be affected by escalating geopolitical tensions, with altcoins being hit particularly hard.Darkfost also mentioned that the large number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly vulnerable. Data shows that approximately 47 million cryptocurrencies have been issued globally, with 22 million on the Solana platform, over 18 million on the Base platform, and 4 million on the BNB Chain.

Binance will delist the following spot trading pairs on April 2, 2026, at 11:00: ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD, and XRP/TUSD. Users can still trade the corresponding underlying assets and quoted assets on other trading pairs.

Strategy's preferred stock STRC landed on the UK trading platform Trading 212 on March 30, with an annualized yield of approximately 11.5%. However, UK investors holding STRC directly may face significant tax pressure. In the US, STRC's monthly dividends are classified as Return of Capital (ROC) and are not taxable; however, UK brokers typically classify them as foreign dividends, subject to income tax at the marginal dividend tax rate, with the basic rate taxpayer rate at 8.75% and high earners up to 39.35%. Additionally, capital gains tax (CGT) must be paid upon sale, resulting in an estimated actual net yield of only about 10%.Crypto analyst James Van Straten suggests that UK investors consider the 21Shares Strategy Yield ETP listed on the European exchanges in Amsterdam and Paris instead. This product has a zero management fee, employs an accumulating structure, and automatically reinvests earnings rather than distributing cash. Upon sale, it typically only incurs CGT, with no income tax burden, providing significantly better tax efficiency.

Digital asset insurance provider Soter Insure announced the launch of Ethereum-denominated confiscation insurance, developed in collaboration with Galaxy Digital. This insurance primarily targets the core risk of validators in Ethereum staking being penalized for protocol violations, providing security for Ethereum validators and institutional stakers. The premiums and claims are both denominated and settled in ETH, addressing the issue of insufficient coverage in traditional USD-denominated insurance when ETH prices rise, thereby eliminating the "currency mismatch risk."