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According to monitoring by 1M AI News, Musk stated on X that the future of AI primarily lies in video understanding and generation, "because photons are the highest bandwidth communication form to date, these are key tools on the path to AGI," and mentioned that Grok Imagine, the image generation tool under xAI, "is profitable, not a money-losing project." This statement comes in the context of OpenAI's announcement last week to shut down its AI video platform Sora. According to reports from The Wall Street Journal and several media outlets, Sora has generated approximately $2.1 million in revenue since its launch in September last year, with daily operating losses reported to be around $1 million. OpenAI also terminated its $1 billion partnership with Disney. Musk did not disclose specific revenue figures for Grok Imagine. Previously, on March 25, he stated, "The next version of Grok Imagine will be outstanding, and we are doubling our investment," and called it "a tool more important than people realize."

[Musk Claims Grok Imagine is Profitable for xAI, Video is Key Tool for AGI]According to monitoring by 1M AI News, Musk stated on X that the future of AI primarily lies in video understanding and generation, "because photons are the highest bandwidth communication form to date, these are key tools on the path to AGI," and mentioned that Grok Imagine, the image generation tool under xAI, "is profitable, not a money-losing project." This statement comes in the context of OpenAI's announcement last week to shut down its AI video platform Sora. According to reports from The Wall Street Journal and several media outlets, Sora has generated approximately $2.1 million in revenue since its launch in September last year, with daily operating losses reported to be around $1 million. OpenAI also terminated its $1 billion partnership with Disney. Musk did not disclose specific revenue figures for Grok Imagine. Previously, on March 25, he stated, "The next version of Grok Imagine will be outstanding, and we are doubling our investment," and called it "a tool more important than people realize."

Musk Claims Grok Imagine is Profitable for xAI, Video is Key Tool for AGI

On March 31, ByteDance's AI programming product TRAE launched the 'SOLO Independent Version', which includes both desktop and web versions, offering two functional modes: Code and MTC. Currently, it is in the beta testing phase, and users with an invitation code can use it for free for a limited time. (Dongxin News Agency)

[ByteDance AI Programming Product TRAE SOLO Launches Independent Version]On March 31, ByteDance's AI programming product TRAE launched the 'SOLO Independent Version', which includes both desktop and web versions, offering two functional modes: Code and MTC. Currently, it is in the beta testing phase, and users with an invitation code can use it for free for a limited time. (Dongxin News Agency)

ByteDance AI Programming Product TRAE SOLO Launches Independent Version

On March 31, SBF, the founder of FTX, stated that the Chief Judge of Delaware had recused himself from three cases due to alleged bias, while Judge Kaplan, the federal prosecutor in the Southern District of New York, continues to preside over his case. SBF accused Judge Kaplan of showing contempt to the jury, providing pizza and transportation to facilitate a quick verdict, and making comments about fraud evidence prior to the ruling. SBF is calling for Judge Kaplan to recuse himself from the case.

[SBF Questions the Impartiality of Southern District of New York Judge, Calls for Recusal]On March 31, SBF, the founder of FTX, stated that the Chief Judge of Delaware had recused himself from three cases due to alleged bias, while Judge Kaplan, the federal prosecutor in the Southern District of New York, continues to preside over his case. SBF accused Judge Kaplan of showing contempt to the jury, providing pizza and transportation to facilitate a quick verdict, and making comments about fraud evidence prior to the ruling. SBF is calling for Judge Kaplan to recuse himself from the case.

SBF Questions the Impartiality of Southern District of New York Judge, Calls for Recusal

According to SoSoValue data, on March 30 (Eastern Time), the total net inflow for Ethereum spot ETFs was $4.9583 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's ETF FETH, which saw a net inflow of $10.5609 million, bringing its historical total net inflow to $2.309 billion. The second highest was Blackrock's Staked ETH ETF ETHB, with a single-day net inflow of $4.1547 million, currently totaling $305 million in historical net inflow. The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock's ETF ETHA, which experienced a net outflow of $9.7573 million, with a historical total net inflow of $11.617 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs is $11.508 billion, with an ETF net asset ratio (market value compared to total Ethereum market value) of 4.71%, and a historical cumulative net inflow of $11.528 billion.

[Ethereum Spot ETF Sees $4.9583 Million Net Inflow Yesterday]According to SoSoValue data, on March 30 (Eastern Time), the total net inflow for Ethereum spot ETFs was $4.9583 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's ETF FETH, which saw a net inflow of $10.5609 million, bringing its historical total net inflow to $2.309 billion. The second highest was Blackrock's Staked ETH ETF ETHB, with a single-day net inflow of $4.1547 million, currently totaling $305 million in historical net inflow. The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock's ETF ETHA, which experienced a net outflow of $9.7573 million, with a historical total net inflow of $11.617 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs is $11.508 billion, with an ETF net asset ratio (market value compared to total Ethereum market value) of 4.71%, and a historical cumulative net inflow of $11.528 billion.

Ethereum Spot ETF Sees $4.9583 Million Net Inflow Yesterday

According to monitoring by 1M AI News, Bilibili is currently beta testing an AI video creation tool named Updream, designed specifically for video content creation. It is currently in an invitation code phase, where content creators (UP owners) must complete an official questionnaire and pass a review to obtain an invitation code and points; the product is not yet publicly available. The tool has a web version, and upon logging in, the core interface prompts 'Inspiration starts here,' allowing users to input creative ideas and call upon Skills, as well as featuring a skills community and project management functions. As it is still in beta testing, specific details about the product will be based on official announcements. The emergence of Updream is the latest development in fulfilling the promise made by Bilibili's Chairman and CEO Chen Rui. During the Q3 2025 earnings call, Chen Rui stated that the company will focus on video AI solutions, using AI to assist creators in producing more and better content, and noted that 'the best AI-focused UP owners and the most interested users in AI are gathered on Bilibili.' Each month, nearly 100,000 AI-related UP owners are active on the platform, with the daily submission of AI content increasing by 83% year-on-year.

[Bilibili Beta Tests AI Video Creation Tool Updream, Requires Invitation Code for Registration]According to monitoring by 1M AI News, Bilibili is currently beta testing an AI video creation tool named Updream, designed specifically for video content creation. It is currently in an invitation code phase, where content creators (UP owners) must complete an official questionnaire and pass a review to obtain an invitation code and points; the product is not yet publicly available. The tool has a web version, and upon logging in, the core interface prompts 'Inspiration starts here,' allowing users to input creative ideas and call upon Skills, as well as featuring a skills community and project management functions. As it is still in beta testing, specific details about the product will be based on official announcements. The emergence of Updream is the latest development in fulfilling the promise made by Bilibili's Chairman and CEO Chen Rui. During the Q3 2025 earnings call, Chen Rui stated that the company will focus on video AI solutions, using AI to assist creators in producing more and better content, and noted that 'the best AI-focused UP owners and the most interested users in AI are gathered on Bilibili.' Each month, nearly 100,000 AI-related UP owners are active on the platform, with the daily submission of AI content increasing by 83% year-on-year.

Bilibili Beta Tests AI Video Creation Tool Updream, Requires Invitation Code for Registration

According to SoSoValue data, the total net inflow for Bitcoin spot ETFs yesterday (March 30, Eastern Time) was $69.44 million. The Bitcoin spot ETF with the highest net inflow yesterday was the ARK Invest and 21Shares ETF ARKB, which saw a net inflow of $33.03 million, bringing its historical total net inflow to $1.433 billion. Following that was the Fidelity ETF FBTC, with a net inflow of $28.89 million, and its historical total net inflow now stands at $11.016 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $85.475 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) of 6.41%, and the historical cumulative net inflow has reached $56.004 billion.

[Bitcoin Spot ETF Sees $69.44 Million Net Inflow Yesterday]According to SoSoValue data, the total net inflow for Bitcoin spot ETFs yesterday (March 30, Eastern Time) was $69.44 million. The Bitcoin spot ETF with the highest net inflow yesterday was the ARK Invest and 21Shares ETF ARKB, which saw a net inflow of $33.03 million, bringing its historical total net inflow to $1.433 billion. Following that was the Fidelity ETF FBTC, with a net inflow of $28.89 million, and its historical total net inflow now stands at $11.016 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $85.475 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) of 6.41%, and the historical cumulative net inflow has reached $56.004 billion.

Bitcoin Spot ETF Sees $69.44 Million Net Inflow Yesterday

On March 31, the Hong Kong-flagged container ships 'COSCO North Arctic' and 'COSCO Indian Ocean', which had been stranded in the Persian Gulf for over a month, successfully passed through the Strait of Hormuz at 10:00 AM Beijing time on March 31. This marks the first passage of large Chinese vessels through the Strait of Hormuz since the end of February. According to vessel tracking data, the 'COSCO North Arctic' and 'COSCO Indian Ocean' set sail from waters near Dubai on the evening of March 30, navigating between Iran's largest islands, Qeshm Island and Larak Island, at a speed of approximately 10.4 knots, before passing through the narrow exit of the Strait of Hormuz and entering the waters of the Gulf of Oman. Vessel tracking data indicates that the two ships are expected to arrive at Port Klang in Malaysia on April 6. (Shenzhen News)

[Two Chinese Vessels Successfully Transit the Strait of Hormuz]On March 31, the Hong Kong-flagged container ships 'COSCO North Arctic' and 'COSCO Indian Ocean', which had been stranded in the Persian Gulf for over a month, successfully passed through the Strait of Hormuz at 10:00 AM Beijing time on March 31. This marks the first passage of large Chinese vessels through the Strait of Hormuz since the end of February. According to vessel tracking data, the 'COSCO North Arctic' and 'COSCO Indian Ocean' set sail from waters near Dubai on the evening of March 30, navigating between Iran's largest islands, Qeshm Island and Larak Island, at a speed of approximately 10.4 knots, before passing through the narrow exit of the Strait of Hormuz and entering the waters of the Gulf of Oman. Vessel tracking data indicates that the two ships are expected to arrive at Port Klang in Malaysia on April 6. (Shenzhen News)

Two Chinese Vessels Successfully Transit the Strait of Hormuz

On March 31, a strategist from UBS stated that the prolonged conflict in Iran and persistently high oil prices may indicate that the rise in gold prices is nearing its conclusion. Joni Teves, a precious metals strategist at the Swiss investment bank, mentioned in an interview last Friday that investors may currently be witnessing the tail end of the gold bull market. 'We believe that the gold price cycle generally aligns with the Federal Reserve's policy cycle, so we expect the upward trend to gradually fade by the end of the year, with gold prices consolidating at lower levels in the coming years,' she said. Teves added that UBS's baseline expectation is that after a period of consolidation, gold prices will reach new highs later this year as allocation funds continue to flow in. 'However, it should be noted that the ongoing conflict in the Middle East could lead to significant changes in the macroeconomic outlook and policy expectations, which would in turn affect the medium to long-term trend of gold prices.' (Jin Shi)

[UBS Warns: Gold Bull Market May Be Coming to an End]On March 31, a strategist from UBS stated that the prolonged conflict in Iran and persistently high oil prices may indicate that the rise in gold prices is nearing its conclusion. Joni Teves, a precious metals strategist at the Swiss investment bank, mentioned in an interview last Friday that investors may currently be witnessing the tail end of the gold bull market. 'We believe that the gold price cycle generally aligns with the Federal Reserve's policy cycle, so we expect the upward trend to gradually fade by the end of the year, with gold prices consolidating at lower levels in the coming years,' she said. Teves added that UBS's baseline expectation is that after a period of consolidation, gold prices will reach new highs later this year as allocation funds continue to flow in. 'However, it should be noted that the ongoing conflict in the Middle East could lead to significant changes in the macroeconomic outlook and policy expectations, which would in turn affect the medium to long-term trend of gold prices.' (Jin Shi)

UBS Warns: Gold Bull Market May Be Coming to an End

On March 31, according to Tencent Cloud, the Tencent WorkBuddy WeChat mini program was officially launched today. It supports dual modes of cloud sandbox and remote execution on local computers, allowing users to assign tasks directly via voice, photos, and file uploads on their mobile phones. The generated documents, PPTs, and videos can be downloaded with one click and easily forwarded.

[Tencent WorkBuddy Mini Program Launched with 'Cloud + Local' Dual Mode Operation]On March 31, according to Tencent Cloud, the Tencent WorkBuddy WeChat mini program was officially launched today. It supports dual modes of cloud sandbox and remote execution on local computers, allowing users to assign tasks directly via voice, photos, and file uploads on their mobile phones. The generated documents, PPTs, and videos can be downloaded with one click and easily forwarded.

Tencent WorkBuddy Mini Program Launched with 'Cloud + Local' Dual Mode Operation

Bitcoin price is back at six-week highs and BTC is targeting $21,000 — here are three reasons why the crypto markets are surging.
1. Fed could change its tune on rate hikes. Rumors are gathering over the outlook for rate hikes as the Fed runs out of room to maneuver. After next month’s hike, suspicions are that policy will begin to U-turn, making smaller hikes in subsequent months before reversing altogether in 2023.
2. Bitcoin volatility snaps record low levels. A look at the Bitcoin historical volatility index (BVOL), recently at multi-year lows seen only a handful of times, shows that Bitcoin still has a way to go to abandon this characteristic.
3. Dollar eyes a new chapter. After a parabolic uptrend throughout 2022, the U.S. dollar is only just beginning to show signs of weakness. The U.S. dollar index (DXY) recently hit its highest levels since 2002, and momentum may yet return to take it even higher — at the expense of risk assets and major currencies alike. For the meantime, however, DXY is under pressure, and its descent came in lock step with a return to form for Bitcoin and altcoins.

Detail

【3 reasons why the crypto markets are surging today】Bitcoin price is back at six-week highs and BTC is targeting $21,000 — here are three reasons why the crypto markets are surging.
1. Fed could change its tune on rate hikes. Rumors are gathering over the outlook for rate hikes as the Fed runs out of room to maneuver. After next month’s hike, suspicions are that policy will begin to U-turn, making smaller hikes in subsequent months before reversing altogether in 2023.
2. Bitcoin volatility snaps record low levels. A look at the Bitcoin historical volatility index (BVOL), recently at multi-year lows seen only a handful of times, shows that Bitcoin still has a way to go to abandon this characteristic.
3. Dollar eyes a new chapter. After a parabolic uptrend throughout 2022, the U.S. dollar is only just beginning to show signs of weakness. The U.S. dollar index (DXY) recently hit its highest levels since 2002, and momentum may yet return to take it even higher — at the expense of risk assets and major currencies alike. For the meantime, however, DXY is under pressure, and its descent came in lock step with a return to form for Bitcoin and altcoins.

3 reasons why the crypto markets are surging today

Article

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Predicted Market Transactions Reach 191 Million in March

Trump's Influence Fades: Market Immune to Verbal Assurances as U.S. Stocks Drop for Five Consecutive Weeks

3 reasons why the crypto markets are surging today

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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