Crypto Macro News and Global Policy Updates

According to Gate News, on March 31, U.S. Bitcoin spot ETFs saw net inflows of $117 million, up about 68%. Among them, BlackRock’s IBIT had the highest net inflow, reaching $98.1 million. Other funds such as Fidelity’s FBTC also saw growth, but their net inflow amounts were smaller.

A Google quantum artificial intelligence white paper shows that a quantum computer with about 500,000 qubits could break Bitcoin’s ECDSA algorithm in 9 minutes, dramatically increasing the threat level. The risk is mainly concentrated in old addresses whose public keys have already been exposed, especially about 2.3 million bitcoins that face high risk. The industry is calling for an upgrade to post-quantum cryptography before 2029 to strengthen security, but implementation faces consensus challenges.

Qivalis CEO said the euro’s share of on-chain trading is only 0.2%, which exposes Europe to the risk of dollarization. Supported by 12 banks, the Qivalis plan will issue a euro stablecoin to address fragmentation in the stablecoin market, and complement the European Central Bank’s digital euro, with the goal of safeguarding the euro’s position in the global financial system.

Will Peck said WisdomTree’s digital asset innovation won’t be affected by whether the $CLARITY Act is passed, because existing SEC regulatory tools are already sufficient to support the development of tokenized securities and funds. The company is committed to tokenized money market funds with real-time settlement, breaking traditional settlement constraints, improving liquidity, and reflecting that even amid market volatility, demand for tokenized financial products remains steady.

Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a final ultimatum on the 31st, naming 18 major U.S. technology and finance leaders, including Nvidia, Apple, Meta, and others, and claiming that if another targeted assassination occurs within Iran, the relevant agencies will be destroyed, and ordering employees to “evacuate immediately.” (Background: Iran threatens to bomb the U.S. naval fleet and to blockade the Strait of Hormuz. Trump: If you dare to retaliate, it will only invite even more intense attacks.) (Additional context: Reports say Israel launched a “preemptive” military strike against Iran! Bitcoin briefly fell below $65,000, and market panic sentiment surged). Table of Contents Toggle Effective from 8:00 p.m. on April 1, Tehran time Full list of the 18 named companies Trump adds pressure in parallel: advancing on both diplomatic and military fronts Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a statement yesterday (the 31st), listing

Hong Kong’s first batch of stablecoin issuer licenses was originally expected to be issued in March 2026, but as of the end of March, none has been issued yet, drawing market attention. The Hong Kong Monetary Authority emphasized that it will announce progress in due course. The frontrunners with stronger support currently include Standard Chartered and HSBC, while it appears that mainland Chinese institutions have not been able to make the shortlist. Delays in granting licenses could affect Hong Kong’s position as a pioneer in the global stablecoin regulatory space.

The Federal Reserve Board member Michael Barr warned that stablecoin reserve assets face money laundering and financial stability risks, emphasizing that reserve quality is crucial. Stablecoins have advantages in areas such as real-time cross-border payments, but they could pose dangers due to insufficient regulation. Pushing the “Lummis Act” will require issuers to formally register and hold equivalent reserves to strengthen market stability. The implementation of regulatory details will directly affect the development of the U.S. stablecoin market.

Gate News report, on April 1, the Nikkei 225 index (Japan’s stock market benchmark index) expanded its intraday gain to 4%.

U.S. President Trump claimed at a White House press conference that six major military capabilities of Iran had been destroyed, and predicted that Iran would need 15 to 20 years to rebuild. Trump emphasized that the initiative is currently in the hands of the U.S., and whether negotiations take place is no longer important. Iran’s response warned that it could face a new round of the Vietnam War, but said the U.S.-led coalition’s strike strategy may have already broken its ability to sustain a protracted war. This situation has affected oil prices and volatility in financial markets.

Financial markets experienced significant volatility with Bitcoin reaching $68,500 amid reports of Iran's President Pezeshkian expressing willingness to end conflict with the US, contingent on guarantees. US stocks surged, while oil prices fell sharply.

Gate News reports that on April 1, Ark Invest Tracker data shows that yesterday (March 31), Cathie Wood’s Ark Invest increased its holdings by purchasing 348,995 shares of OpenAI Group PBC on March 31 and 26,515 shares of CoreWeave, valued at approximately $2.05 million. OpenAI Group PBC is the operating entity of OpenAI.

Trump claims that the U.S. military’s nuclear weapon targets have been achieved. He is expected to withdraw from Iran within 2 to 3 weeks, but the blockade issue in the Strait of Hormuz has not been resolved, leaving many challenges for the future. Trump emphasized that it is not a request for regime change; his decision to withdraw has nothing to do with any agreements, and he will leave the strait issue to other countries to handle, leaving doubts about stability in the Middle East region.

Gate News message: On April 1, according to reports, U.S. Senator Rubio issued a statement on the situation in Iran, saying he can see the finish line of the Iran war. At present, no country is obstructing the U.S. in any way from carrying out its mission to help Iran. In the future, at some point, it may be possible to hold a direct meeting with Iran.

The UAE is preparing to assist the United States and its allies in using force to open up the Strait of Hormuz after attacks by Iran, becoming the first Gulf state to take part in the fighting, and to lobby the UN Security Council to authorize military action. At the same time, the UAE is assessing its military role in ensuring security in the strait.

Bitcoin (BTC) was flat at $68,060 on April 1, and U.S. President Trump said he will end the Iran war. The Bitcoin miner Bitfarms plans to change its name to Keel and sell $161 million worth of Bitcoin. Stablecoin issuer Tether fired two precious-metals traders. U.S. stocks rebounded, and all three major indexes hit new highs. Market sentiment fluctuated with news of the Iran war, so it’s necessary to carefully control investment risk.

With the U.S. stock market falling and gold performing poorly, investors have poured heavily into U.S. Treasury bond ETFs. In March, net inflows reached $30 billion, mainly concentrated in ultra-short-term products. Analysts recommend holding cash and waiting patiently.

Solana token SOL has recently fallen by about 11%, repeatedly testing the $80 support level as the market worries it could retrace to $75. Despite network fees continuing to decline, Solana remains appealing for ecosystem development, with DApp revenue surpassing Ethereum. Overall market performance is poor, but SOL continues to face pressure.

The U.S. Commodity Futures Trading Commission is monitoring whether there are any abnormal trading activities in the crude oil futures market. On March 23, before news about Trump’s postponement of strikes against Iran was released, trading volume for crude oil futures rose significantly, and within a short period more than 6 million barrels of related contracts were sold.

Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

New Hampshire plans to issue $100 million in Bitcoin-backed municipal bonds, which have already received a Moody’s Ba2 rating, marking the convergence of traditional municipal bonds and high-volatility crypto assets. The bond uses Bitcoin income as the sole repayment source and includes downside protection provisions. While this innovation offers the potential for higher returns, it also faces the risk of Bitcoin price volatility, and no issuance date has been announced yet.