MarketWhisper

Gate officially integrates Polymarket, becoming the first centralized exchange platform globally to integrate it, and launches a dedicated portal in the Gate App. Users can participate in prediction trading through USDT in their spot accounts without on-chain operations, and transaction fees are waived during the public beta period. It offers both prediction and trading modes to meet different needs and supports diverse event types and trading methods. In the future, it will expand the event scope and enhance price discovery functionality.

On March 24, Pi Network (PI) was trading near $0.188, with an overall gain of 11.6%. Hidden bullish divergence and a cup and handle pattern indicate potential for a 22% rally if it breaks through the $0.204 neckline. However, the PISI indicator is near zero, suggesting a lack of independent momentum. The CMF indicator has turned positive, hinting that large capital may be re-establishing positions. The key support level is $0.182, and if it breaks below $0.168, the cup and handle pattern will be invalidated.

On March 23rd, US spot Bitcoin ETFs recorded net inflows of $167 million, ending three consecutive days of outflows and signaling a shift of capital toward Bitcoin. Meanwhile, gold ETFs faced significant outflows, primarily due to the Federal Reserve's high interest rates increasing the opportunity cost of holding gold, causing funds to pivot toward assets like Bitcoin. The correlation between Bitcoin and gold fell to -0.88, indicating a strong negative correlation between the two.

The U.S. Securities and Exchange Commission (SEC) former enforcement chief Margaret Ryan resigned after conflicts with senior officials over cases involving people close to Trump. Ryan had hoped to bring fraud charges against Justin Sun and Elon Musk, but was blocked. The SEC's enforcement direction changed abruptly due to political factors, raising concerns from Democrats.

BTQ Technologies announced the successful deployment of BIP 360 on the Bitcoin Quantum Testnet, addressing quantum vulnerabilities in Taproot by using a new output type P2MR to prevent public key exposure. The testnet has attracted 50 miners and features complete validation capabilities. While quantum threats currently have limited impact on Bitcoin's overall security, approximately 7 million bitcoins are within the risk range. BIP 360 is still in draft stage and requires careful review before mainnet implementation.

Taiwan multi-chain NFT trading platform Lootex announced that it will cease all services on April 4 and provide users with asset security guidance. The platform founder thanked all supporters and stated that the decision to exit was made proactively due to changes in the NFT market environment. Users' NFTs remain safely stored in personal wallets, and it is recommended to check and revoke authorizations. The platform's native token $LOOT can still be traded on Gate exchange.

As the correlation index between Bitcoin and gold drops to -0.9, analysts believe this indicates Bitcoin may be entering a sideways consolidation phase. The 70% retracement level aligns with historical bear market bottoms, suggesting Bitcoin could be forming a new bull market. Additionally, increased whale holdings in the crypto market and macroeconomic data will influence Bitcoin's future direction.

Israeli reserve soldier Raz Cohen was charged with leaking "Iron Dome" air defense system secrets to Iran in exchange for 1,000 US dollars in cryptocurrency. Cohen transmitted 27 critical documents in a short period, including system operations and base locations, revealing vulnerabilities and risks in current intelligence penetration, and highlighting the role of social media and cryptocurrency payments in criminal activities.

Grab announced the acquisition of Foodpanda's delivery business in Taiwan for approximately $600 million, with the transaction expected to be completed in 2026. This acquisition marks an important milestone for Grab's expansion beyond Southeast Asia and has sparked discussions about its shareholder structure and potential monopoly concerns. Grab is also planning to establish a stablecoin settlement system in Asia to advance crypto payment development. Unions have called for the protection of employment rights and benefits for Foodpanda delivery personnel.

Democratic Senator Warren has raised concerns about the cryptocurrency plans following MrBeast's Beast Industries acquisition of fintech app Step, with particular focus on protecting minors and safeguarding funds. She has demanded clarification on whether Step plans to reopen cryptocurrency investment features for minors, risk disclosures, and marketing ethics issues. Beast Industries stated it will review its product and marketing strategies to meet high standards and regulatory requirements.

Taiwan's Legislative Yuan Finance Committee is reviewing the "Virtual Asset Service Law Draft," which aims to regulate offshore cryptocurrency platforms. Currently, only 8 legitimate VASPs exist, corresponding to 30 unregistered offshore entities, indicating market imbalance. The draft requires offshore VASPs to establish branch companies or new divisions in Taiwan to operate legally, emphasizing the necessity of consumer protection and regulatory oversight.

Bitmine Immersion Technologies has recently increased its holdings by 65,341 ETH, indicating that the "mini cryptocurrency winter" has come to an end. Since the Iran conflict, Ethereum has performed exceptionally well relative to other assets, surpassing gold by 33 percentage points, and demonstrating a strong "wartime" store-of-value function. Currently, Bitmine holds 4.6 million ETH, and still needs an additional $2.9 billion in investment to reach its 5% portfolio allocation target.

The Russian government approved the "Digital Currency and Digital Rights Act," establishing a regulatory framework for cryptocurrency. The act sets three admission standards, allowing qualified digital assets to enter the market. The investment limit for ordinary citizens is approximately $4,000, and privacy coins are prohibited. Violations will result in fines and criminal penalties. The act must be passed by July 2026.

Delaware introduced the "Banking Modernization Act" and the "Payment Stablecoin Act," aimed at establishing a licensing framework for stablecoin issuers and updating outdated banking laws. SB 19 emphasizes reserve safeguards, redemption standards, and anti-money laundering requirements to promote stablecoin regulation. This action responds to the outflow of technology and crypto enterprises and aligns with nationwide regulatory trends.

Resolv Labs proposed a settlement plan requiring the attacker to return 90% of approximately $25 million in stolen funds within 72 hours, with the option to retain 10% as an incentive. If the attacker does not comply, escalated measures such as asset freezing, public disclosure of addresses, and legal action will be taken. The incident was caused by the attacker exploiting stolen private keys to illegally mint USR tokens, leading to losses. Affected users should suspend trading and coordinate recovery through official channels.

Since the Iran war erupted, the U.S. 10-year Treasury yield has risen approximately 48 basis points, approaching 4.4%. Analysis indicates that 4.5% is a critical threshold for a shift in Trump policy, with rising yields suppressing the value of Bitcoin and gold, as the opportunity cost of holding non-yielding assets increases and a stronger dollar affects purchasing power. If yields continue to climb, Bitcoin will face greater downward pressure; if tensions ease, it could trigger a rebound.

Prediction market platform Kalshi has implemented measures prohibiting political candidates and known sports participants from placing bets on related markets. This move reflects regulatory concerns about insider trading and comes alongside bills proposed by both Democratic and Republican parties attempting to ban event contracts similar to sports betting. Kalshi's CEO has voiced strong opposition to the legislation, characterizing it as an action to protect casino interests. If passed, the bill would impact multiple prediction market platforms, with the core dispute centering on the allocation of regulatory authority.

The development company behind DeFi protocol Balancer, Balancer Labs, has announced its closure due to reasons including imbalanced financial structure and legal risks. Despite the shutdown, the protocol will continue to be operated by the Balancer Foundation and DAO. Recent security vulnerability attacks have caused its TVL to drop from a peak of $3.3 billion to approximately $158 million, a decline of over 95%. The future will involve redesigning the token economic model and operational architecture to promote sustainable development of the protocol.

ParaFi Capital launched a $125 million new venture fund focused on stablecoins, asset tokenization, and institutional-grade on-chain finance to support traditional financial institutions in entering the crypto ecosystem. The fund aims to fill the financing gap in enterprise-level crypto infrastructure, address structural issues in the crypto market, and benefit from the continued market growth environment.

Deloitte Canada has partnered with Stablecorp to develop stablecoin infrastructure for Canadian financial institutions, integrating its Canadian dollar-pegged stablecoin QCAD to facilitate payments and settlements. This initiative aims to enhance transaction transparency and settlement efficiency while complying with the soon-to-be-established stablecoin regulatory framework. As the Bank of Canada accelerates regulatory governance of private stablecoins, this collaboration is expected to provide timely compliance solutions for institutional clients.