Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Bitcoin rebounds in the short term to $67,660, and a U.S. senator proposes the “U.S. Mining Act,” aiming to establish a strategic Bitcoin reserve. Bitmine re-stakes 167,500 ETH, bringing its total staked amount to nearly 3.31 million ETH. With market volatility, the S&P 500 and Nasdaq indices fell. Analysts say short-term market sentiment is sluggish, and rising oil prices are affecting the BTC price.

The NFL has asked for the delisting of manipulation-prone contracts in prediction markets, and the CFTC respects the league’s position

The National Football League (NFL) requires prediction market platforms to cease offering contracts that are easily manipulated and emphasizes that these contracts lack randomness, which could constitute insider trading. The CFTC chair stated that it will respect each league’s views and that the regulatory landscape may change. Additionally, the NFL and MLB have adopted different strategies—adversarial and cooperative—when dealing with prediction markets, reflecting different perspectives among professional sports organizations regarding regulation.

401(k) retirement savings can be invested in crypto! The U.S. Department of Labor proposes a landmark rule draft

The U.S. Department of Labor proposes new regulations, aiming to make it easier for 401(k) retirement plans to include alternative assets such as cryptocurrencies to reflect the modern investment landscape. Supporters believe this move can increase portfolio diversification, while opponents worry it could harm wage earners. The rules are still in the public comment phase and the final form has not yet been determined.

Why is Bitcoin up today? Trump pauses strikes on Iranian energy facilities, and the Fed signals support for risk markets

Bitcoin rebounded to above $67,000 on March 31, mainly driven by signals from U.S.-Iran diplomacy and the Federal Reserve’s decision to keep interest rates unchanged. Market sentiment temporarily improved, but Iran’s Ministry of Foreign Affairs said that the lack of direct negotiations could limit the rebound. The potential impact of the Strait of Hormuz toll bill on supply chains is pushing up oil prices and putting pressure on the market; it’s important to closely monitor future price movements.

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Leverage Shares applies for an inverse Bitcoin ETF, entering the U.S. market for shorting tools.

Leveraged Shares on March 30 filed with the SEC to launch a reverse Bitcoin ETF, offering two leverage ratios: -1x and -2x. The product is designed to inversely replicate Bitcoin’s price movement on a daily basis, but it carries risks such as volatility decay and liquidity mismatch. The SEC’s review will especially focus on risks of market manipulation and investor protection; if approved, it will help bring crypto derivatives into the mainstream market.
MarketWhisper·3m ago
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Pi Network mainnet migration triggers CEX deposits, bulls defend the 0.1736 USDT support line to the death

After Pi Network’s second mainnet migration, about 119,000 users completed KYC verification, resulting in more than 1.12 million PI tokens flowing into centralized exchanges and creating short-term selling pressure. Technical analysis shows that $0.1736 is a key support level, and the Protocol 21 upgrade on April 6 will affect token stability and application expansion.
PI-0.79%
MarketWhisper·9m ago
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US Labor Department Proposes Rule to Allow Cryptocurrency in 401(k) Retirement Plans

The US Department of Labor proposed a rule on March 30, 2026 that would make it easier for 401(k) plans to include alternative assets including cryptocurrencies, private equity, and real estate, responding to President Donald Trump’s August 2025 executive order directing regulators to expand access to digital assets in retirement portfolios.
BTC0.96%
CryptopulseElite·19m ago
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Powell’s Harvard Farewell Address: Maintaining a cautious monetary policy, U.S. Treasury yields fell by more than 10 points on the spot

Federal Reserve Chair Powell, in his Harvard speech, emphasized the need to remain cautious and hold off, noting that monetary policy has limited effects on shocks from the supply side and that it is not yet appropriate to act hastily. The market response was mixed: U.S. Treasury yields fell, while tech stocks came under pressure. He reiterated the Fed’s 2% inflation target and said he is concerned about the growth of federal debt, maintaining its independence and not providing a timeline for a policy shift.
MarketWhisper·28m ago
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Bitcoin Greed Index hits the bottom: retail investors panic, but long-term holders quietly accumulate coins

The Bitcoin Fear and Greed Index recorded a score of 8 on March 30, indicating extreme pessimism in the market. Maintaining this state for 59 days, it is the longest fear period since the 2022 FTX collapse. Despite subdued retail sentiment, long-term holders have moved Bitcoin to self-custody accounts for protection, with no sign of selling pressure—showing behavior consistent with historical bottom characteristics. With the current market influenced by multiple macro factors and lacking a clear rebound catalyst, the timeline for recovery remains difficult to predict.
BTC0.96%
MarketWhisper·33m ago
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Midnight launches its mainnet, positioning a private blockchain that complements Cardano with a two-token model

Midnight, a privacy-focused blockchain in the Cardano ecosystem, has launched its mainnet. Initial participation from major firms like Google Cloud indicates significant industry interest. It features a dual-token model and a programming language designed for streamlined development while balancing privacy and compliance.
ADA0.4%
NIGHT-5.08%
TapChiBitcoin·34m ago

CoinShares exposes the mining industry crisis: computing power fees fall to a five-year low, miners are in urgent trouble

CoinShares’ report shows that in Q4 2025, Bitcoin mining faced severe difficulties: the computing power price fell to a historic low, and many older mining rigs were operating at a loss. The mining sector is splitting into companies centered on AI and companies that are purely mining-based; in the future, this could accelerate consolidation and change risk profiles.
BTC0.96%
MarketWhisper·40m ago
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Alleged $54M Uranium Finance hacker faces 30 years in prison

US authorities have unsealed an indictment against the man accused of hacking Uranium Finance, a now-defunct decentralized finance platform that lost over $54 million across two exploits in 2021. The US Attorney's Office for the Southern District of New York on Monday accused Maryland resident
BNB-0.35%
UNI3.02%
BTC0.96%
ETH1.39%
Cointelegraph·57m ago

SWIFT launches an Ethereum L2 ledger, with 30 banks working together to build around-the-clock cross-border settlement

SWIFT announced on March 30, 2023 that its blockchain-based shared ledger has entered minimum viable product (MVP) development, with plans to go live in 2026. This ledger was designed by more than 30 financial institutions and supports real-time transfers of tokenized deposits, stablecoins, and central bank digital currencies. SWIFT’s blockchain documentation is intended to address structural issues in traditional cross-border payments, improving efficiency and reducing costs. This permissioned ledger does not use a native cryptocurrency, but instead relies on Ethereum L2 technology.
MarketWhisper·1h ago
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Iran’s speaker called for “going long,” and it worked—U.S. stocks saw a reversal as $90 billion flowed back

Iranian Parliament Speaker Ghalibaf urged investors to go long when the market drops, sparking a rebound in sentiment in U.S. stock markets. The S&P 500 index rebounded from its low point by about $90 billion. However, analysts say this rally was driven by news-fueled sentiment swings rather than a structural reversal, because fundamental pressures have not eased and risks remain, including elevated oil prices and geopolitical instability.
MarketWhisper·1h ago
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Altcoins Flash Rare Bullish Signal as ARB, OP, W Enter Buy Zones

_Altcoins show a rare bullish divergence as ARB, OP, and W enter buy zones while traders watch Bitcoin dominance._ The altcoin market is flashing a rare technical setup after weeks of downside pressure.  Crypto analyst Michaël van de Poppe pointed to a strengthening bullish divergence across the t
ARB1.37%
OP2.48%
W-3.12%
BTC0.96%
LiveBTCNews·1h ago