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On March 30, the USD-backed stablecoin USDU, issued by Universal Digital Intl Limited, officially launched on the cryptocurrency exchange Crypto.com. USDU is the first offshore payment token regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and holds an offshore payment token issuance license from the Central Bank of the UAE. As a registered offshore payment token, USDU can be used for domestic payment settlements of digital assets and digital asset derivatives, but it cannot be used for everyday fiat payment scenarios in the UAE—only AED-backed stablecoins are recognized as legal tender by the Central Bank of the UAE. Universal stated that this launch is part of its global expansion strategy, aimed at promoting the widespread use of regulated USD settlement stablecoins in the digital asset market and supporting the construction of institutional-level digital asset infrastructure.

[USDU, Regulated Stablecoin from UAE, Launches on Crypto.com]On March 30, the USD-backed stablecoin USDU, issued by Universal Digital Intl Limited, officially launched on the cryptocurrency exchange Crypto.com. USDU is the first offshore payment token regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and holds an offshore payment token issuance license from the Central Bank of the UAE. As a registered offshore payment token, USDU can be used for domestic payment settlements of digital assets and digital asset derivatives, but it cannot be used for everyday fiat payment scenarios in the UAE—only AED-backed stablecoins are recognized as legal tender by the Central Bank of the UAE. Universal stated that this launch is part of its global expansion strategy, aimed at promoting the widespread use of regulated USD settlement stablecoins in the digital asset market and supporting the construction of institutional-level digital asset infrastructure.

USDU, Regulated Stablecoin from UAE, Launches on Crypto.com

On March 30, Fed Chair Jerome Powell will attend a public event and participate in a live Q&A session at 10:30 PM Beijing time. Against the backdrop of ongoing tensions in the Middle East and increased market volatility, this event is expected to be one of the most noteworthy items on the agenda, alongside closely monitoring U.S.-Iran headline risks. This speech is also regarded as one of the most anticipated macro events of the week. Additionally, Powell's term as Fed Chair will officially end on May 15. During a press conference following the March policy meeting, he stated that if his nominated successor, Kevin Warsh, has not been confirmed by the Senate by then, he will serve as acting chair. He also emphasized that he would never resign from his position as a Fed governor until the Department of Justice's investigation is thoroughly concluded, a position that will last until January 2028.

[Fed Chair Powell to Attend Public Event and Q&A Tonight at 10:30 PM Beijing Time]On March 30, Fed Chair Jerome Powell will attend a public event and participate in a live Q&A session at 10:30 PM Beijing time. Against the backdrop of ongoing tensions in the Middle East and increased market volatility, this event is expected to be one of the most noteworthy items on the agenda, alongside closely monitoring U.S.-Iran headline risks. This speech is also regarded as one of the most anticipated macro events of the week. Additionally, Powell's term as Fed Chair will officially end on May 15. During a press conference following the March policy meeting, he stated that if his nominated successor, Kevin Warsh, has not been confirmed by the Senate by then, he will serve as acting chair. He also emphasized that he would never resign from his position as a Fed governor until the Department of Justice's investigation is thoroughly concluded, a position that will last until January 2028.

Fed Chair Powell to Attend Public Event and Q&A Tonight at 10:30 PM Beijing Time

On March 30, Federal Reserve Chairman Jerome Powell will attend a public event and participate in a live Q&A session at 22:30 Beijing time. Against the backdrop of ongoing tensions in the Middle East and increased market volatility, this speech is regarded as one of the most closely watched macro events of the week. The market widely expects Powell to maintain a cautious stance, avoiding clear signals regarding the path of interest rate cuts. With inflation still above the 2% target, compounded by tariffs and geopolitical conflicts that elevate uncertainty, the probability of the Federal Reserve keeping interest rates unchanged in the short term is rising, reinforcing expectations of 'no rate cuts'. Meanwhile, the tense relationship between President Donald Trump and the Federal Reserve continues. If Powell signals a hawkish or wait-and-see approach, the market anticipates that Trump may exert pressure again, intensifying the policy game. On the fundamentals front, signs of weakening in the U.S. job market are emerging, with a significant drop in new jobs in February, putting pressure on the economic outlook and placing the Federal Reserve in a dilemma of 'high inflation + slowing growth'. Analysts point out that until the situation in the Middle East becomes clearer, monetary policy is likely to remain cautious, and market trends will continue to heavily depend on changes in geopolitical dynamics and inflation trajectories.

[Powell to Appear Tonight: Middle East Tensions and Inflation Pressures Test Rate Cut Expectations]On March 30, Federal Reserve Chairman Jerome Powell will attend a public event and participate in a live Q&A session at 22:30 Beijing time. Against the backdrop of ongoing tensions in the Middle East and increased market volatility, this speech is regarded as one of the most closely watched macro events of the week. The market widely expects Powell to maintain a cautious stance, avoiding clear signals regarding the path of interest rate cuts. With inflation still above the 2% target, compounded by tariffs and geopolitical conflicts that elevate uncertainty, the probability of the Federal Reserve keeping interest rates unchanged in the short term is rising, reinforcing expectations of 'no rate cuts'. Meanwhile, the tense relationship between President Donald Trump and the Federal Reserve continues. If Powell signals a hawkish or wait-and-see approach, the market anticipates that Trump may exert pressure again, intensifying the policy game. On the fundamentals front, signs of weakening in the U.S. job market are emerging, with a significant drop in new jobs in February, putting pressure on the economic outlook and placing the Federal Reserve in a dilemma of 'high inflation + slowing growth'. Analysts point out that until the situation in the Middle East becomes clearer, monetary policy is likely to remain cautious, and market trends will continue to heavily depend on changes in geopolitical dynamics and inflation trajectories.

Powell to Appear Tonight: Middle East Tensions and Inflation Pressures Test Rate Cut Expectations

According to monitoring by 1M AI News, after a recent update to Google's AI programming tool Antigravity, users have reported frequent 'high traffic' capacity errors across all models, preventing the completion of complex tasks. The Reddit community r/google_antigravity and the Google AI developer forum have seen a surge of similar complaints, affecting even paid subscription users. This continues the ongoing capacity crisis that Antigravity has faced since March. Version 1.20.5 (released on March 9) fixed a token measurement bug, but the AI Credits billing system introduced at the same time has led to abnormal credit consumption, with some users' quotas locked for up to 7 days. Following Google's shift of Antigravity from a free to a credit-based payment model in mid-March, dissatisfaction within the developer community has been escalating. Temporary solutions circulating in the community include disabling AI Credits in settings and reverting to version 1.19.6.

[Update Crashes: Google Antigravity Faces Capacity Issues Amid Ongoing Complaints Since March]According to monitoring by 1M AI News, after a recent update to Google's AI programming tool Antigravity, users have reported frequent 'high traffic' capacity errors across all models, preventing the completion of complex tasks. The Reddit community r/google_antigravity and the Google AI developer forum have seen a surge of similar complaints, affecting even paid subscription users. This continues the ongoing capacity crisis that Antigravity has faced since March. Version 1.20.5 (released on March 9) fixed a token measurement bug, but the AI Credits billing system introduced at the same time has led to abnormal credit consumption, with some users' quotas locked for up to 7 days. Following Google's shift of Antigravity from a free to a credit-based payment model in mid-March, dissatisfaction within the developer community has been escalating. Temporary solutions circulating in the community include disabling AI Credits in settings and reverting to version 1.19.6.

Update Crashes: Google Antigravity Faces Capacity Issues Amid Ongoing Complaints Since March

On March 30, US Treasury yields continued to decline from their recent highs, as investors gradually shifted their attention to the risks posed by the Middle East conflict on economic growth and inflationary pressures. The surge in energy prices has raised inflation concerns, prompting the market to significantly lower expectations for a rate cut by the Federal Reserve. Konstantinos Chrysikos from Kudotrade stated that a series of US economic data set to be released this week will be crucial in shaping expectations for monetary policy. According to Tradeweb, the yield on the two-year US Treasury fell by 2.3 basis points to 3.893%, while the yield on the ten-year note dropped by 4 basis points to 4.4%.

[US Treasury Yields Decline as Market Focuses on Economic Growth and Inflation Risks]On March 30, US Treasury yields continued to decline from their recent highs, as investors gradually shifted their attention to the risks posed by the Middle East conflict on economic growth and inflationary pressures. The surge in energy prices has raised inflation concerns, prompting the market to significantly lower expectations for a rate cut by the Federal Reserve. Konstantinos Chrysikos from Kudotrade stated that a series of US economic data set to be released this week will be crucial in shaping expectations for monetary policy. According to Tradeweb, the yield on the two-year US Treasury fell by 2.3 basis points to 3.893%, while the yield on the ten-year note dropped by 4 basis points to 4.4%.

US Treasury Yields Decline as Market Focuses on Economic Growth and Inflation Risks

On March 30, according to Coinshares' latest weekly report, there was a net outflow of $414 million after five consecutive weeks of inflows. Concerns over the Iran conflict and expectations of a shift in the Federal Reserve's interest rate policy have led to a decrease in assets under management to $129 billion. The U.S. saw the largest outflow of $445 million, while Germany and Canada took the opportunity to absorb funds. Ethereum faced the largest sell-off with an outflow of $222 million (net inflow of $273 million year-to-date), possibly related to the CLARITY Act; Bitcoin experienced an outflow of $194 million but still maintains a net inflow of $964 million for the year; XRP performed well, recording an inflow of $15.8 million.

[Digital Asset Investment Products Experience $414 Million Net Outflow Last Week, First Outflow in Five Weeks]On March 30, according to Coinshares' latest weekly report, there was a net outflow of $414 million after five consecutive weeks of inflows. Concerns over the Iran conflict and expectations of a shift in the Federal Reserve's interest rate policy have led to a decrease in assets under management to $129 billion. The U.S. saw the largest outflow of $445 million, while Germany and Canada took the opportunity to absorb funds. Ethereum faced the largest sell-off with an outflow of $222 million (net inflow of $273 million year-to-date), possibly related to the CLARITY Act; Bitcoin experienced an outflow of $194 million but still maintains a net inflow of $964 million for the year; XRP performed well, recording an inflow of $15.8 million.

Digital Asset Investment Products Experience $414 Million Net Outflow Last Week, First Outflow in Five Weeks

On March 30, as market fears over the escalation of conflicts in the Middle East drove up oil prices and dampened risk sentiment, the dollar strengthened once more. Previously, the yen had strengthened slightly, causing a minor retreat in the dollar, due to stronger warnings from Japanese officials about potential intervention to support the yen. However, the dollar's decline was limited and short-lived, supported by its safe-haven status and the U.S. position as a net oil exporter. Chris Turner from ING stated in a report: 'Unless Iran provides clear signals of de-escalation, it will be difficult to see the dollar give back its gains for the month in the short term.' (Jin Shi)

[Dollar Strengthens Again Amid Concerns Over Escalating War]On March 30, as market fears over the escalation of conflicts in the Middle East drove up oil prices and dampened risk sentiment, the dollar strengthened once more. Previously, the yen had strengthened slightly, causing a minor retreat in the dollar, due to stronger warnings from Japanese officials about potential intervention to support the yen. However, the dollar's decline was limited and short-lived, supported by its safe-haven status and the U.S. position as a net oil exporter. Chris Turner from ING stated in a report: 'Unless Iran provides clear signals of de-escalation, it will be difficult to see the dollar give back its gains for the month in the short term.' (Jin Shi)

Dollar Strengthens Again Amid Concerns Over Escalating War

On March 30, as conflicts in the Middle East escalated and policy uncertainties increased, the U.S. stock market faced downward pressure, with the S&P 500 index recording its fifth consecutive week of decline, marking the longest losing streak since 2022. Despite U.S. President Trump's repeated attempts to signal calming measures to stabilize market sentiment, investor reactions have noticeably weakened. Market analysts indicate that as the conflict drags on without resolution and policies fluctuate, the 'Trump put option' effect is fading, and investors are no longer trading solely based on policy statements; they are even beginning to engage in reverse operations in the absence of substantial progress. Meanwhile, oil prices remain high (with WTI crude surpassing $100), exacerbating global 'stagflation' concerns, coupled with the uncertainty in the Middle East, leading to heightened risk aversion in the market. The VIX volatility index rose above 31, significantly higher than the historical average. Institutions generally believe that without substantial easing of the situation in the Middle East, particularly the stabilization of the Strait of Hormuz, mere policy rhetoric will struggle to reverse the downward trend in the market.

[Trump's Influence Fades: Market Immune to Verbal Assurances as U.S. Stocks Drop for Five Consecutive Weeks]On March 30, as conflicts in the Middle East escalated and policy uncertainties increased, the U.S. stock market faced downward pressure, with the S&P 500 index recording its fifth consecutive week of decline, marking the longest losing streak since 2022. Despite U.S. President Trump's repeated attempts to signal calming measures to stabilize market sentiment, investor reactions have noticeably weakened. Market analysts indicate that as the conflict drags on without resolution and policies fluctuate, the 'Trump put option' effect is fading, and investors are no longer trading solely based on policy statements; they are even beginning to engage in reverse operations in the absence of substantial progress. Meanwhile, oil prices remain high (with WTI crude surpassing $100), exacerbating global 'stagflation' concerns, coupled with the uncertainty in the Middle East, leading to heightened risk aversion in the market. The VIX volatility index rose above 31, significantly higher than the historical average. Institutions generally believe that without substantial easing of the situation in the Middle East, particularly the stabilization of the Strait of Hormuz, mere policy rhetoric will struggle to reverse the downward trend in the market.

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

On March 30, QCP's latest market report noted that Bitcoin briefly dipped to $65,000 during the Asian trading session before quickly rebounding, currently maintaining a range between $66,000 and $67,000, continuing the typical trend of weakening over the weekend and stabilizing at the beginning of the week. Despite facing selling pressure after options expiration and uncertainties in the Middle East, BTC has overall held within the $65,000 to $70,000 range, although it may record a sixth consecutive month of decline, reflecting continued weak market sentiment. The report also highlighted that Bitcoin's recent relative performance remains resilient, outperforming gold and U.S. stocks since the escalation of the conflict in Iran, indicating a return of some safe-haven attributes. As Trump's '10-day buffer period' for military action against Iran approaches its April 6 deadline, the market remains vigilant regarding potential escalations, with BTC's short-term movements likely driven by news. On the macro front, high oil prices and risks to key transportation routes continue to strengthen 'stagflation' expectations; even if the situation eases, the war risk premium is unlikely to dissipate in the short term. The derivatives market shows limited volatility compression after options expiration, with traders still paying for market fluctuations, reflecting a cautious rather than panic sentiment, and the market has yet to form a clear upward breakout momentum.

[QCP: Bitcoin Maintains Range Consolidation, No Clear Upside Momentum Yet]On March 30, QCP's latest market report noted that Bitcoin briefly dipped to $65,000 during the Asian trading session before quickly rebounding, currently maintaining a range between $66,000 and $67,000, continuing the typical trend of weakening over the weekend and stabilizing at the beginning of the week. Despite facing selling pressure after options expiration and uncertainties in the Middle East, BTC has overall held within the $65,000 to $70,000 range, although it may record a sixth consecutive month of decline, reflecting continued weak market sentiment. The report also highlighted that Bitcoin's recent relative performance remains resilient, outperforming gold and U.S. stocks since the escalation of the conflict in Iran, indicating a return of some safe-haven attributes. As Trump's '10-day buffer period' for military action against Iran approaches its April 6 deadline, the market remains vigilant regarding potential escalations, with BTC's short-term movements likely driven by news. On the macro front, high oil prices and risks to key transportation routes continue to strengthen 'stagflation' expectations; even if the situation eases, the war risk premium is unlikely to dissipate in the short term. The derivatives market shows limited volatility compression after options expiration, with traders still paying for market fluctuations, reflecting a cautious rather than panic sentiment, and the market has yet to form a clear upward breakout momentum.

QCP: Bitcoin Maintains Range Consolidation, No Clear Upside Momentum Yet

According to Glassnode data, the Bitcoin hash price has reached an all-time-low of $66,500 per Exahash. This means that $BTC miners are earning the smallest reward relative to hashpower applied in history, and likely puts the industry under extreme income stress.

Detail

【The Bitcoin hash price reaches an all-time-low of $66,500 per Exahash】According to Glassnode data, the Bitcoin hash price has reached an all-time-low of $66,500 per Exahash. This means that $BTC miners are earning the smallest reward relative to hashpower applied in history, and likely puts the industry under extreme income stress.

The Bitcoin hash price reaches an all-time-low of $66,500 per Exahash

Article

Fed's April Rate Hike Probability Drops to 4.1%

cfg soared to 0.1688 USDT, a new high with a 24-hour increase of 4.96%. It currently trades at 0.163 USDT on HTX.

Analysts: 'CLARITY Act' May Pose Bearish Pressure on Yield-Bearing DeFi Tokens

ETH broke through 2000  USDT

ETH Surpasses $2,000

The Bitcoin hash price reaches an all-time-low of $66,500 per Exahash

Penafian：Konten diatas tidak merepresentasikan posisi HTX.，HTX tidak memberikan rekomendasi perdagangan apa pun.。

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