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On March 31, StraitsX launched the XSGD (Singapore Dollar-backed) and XUSD stablecoins on Solana. Users can now exchange Singapore Dollars and US Dollars on-chain without the need for banks or traditional forex brokers.

[StraitsX Launches XSGD and XUSD Stablecoins on Solana]On March 31, StraitsX launched the XSGD (Singapore Dollar-backed) and XUSD stablecoins on Solana. Users can now exchange Singapore Dollars and US Dollars on-chain without the need for banks or traditional forex brokers.

StraitsX Launches XSGD and XUSD Stablecoins on Solana

On March 31, KB Card, one of South Korea's largest credit card companies, announced a partnership with Avalanche to introduce a hybrid stablecoin credit card payment model. This model is based on KB Card's hybrid payment patent, combining stablecoins with traditional credit cards. Users can link their existing credit cards to a digital wallet, prioritizing stablecoin balances for payments, with any shortfall automatically charged to the credit card. Additionally, KB Card announced a collaboration with digital asset infrastructure company OpenAsset to jointly develop a complete stablecoin system that includes recharging, payments, and settlements, lowering the barrier for users to utilize stablecoins while retaining credit card rewards and benefits. Currently, South Korea is actively promoting a stablecoin market pegged to the Korean won, with the 'Digital Asset Basic Law' expected to introduce a regulatory framework within this year. Several banks and payment institutions are preparing related products.

[KB Card Partners with Avalanche to Launch Hybrid Stablecoin Credit Card]On March 31, KB Card, one of South Korea's largest credit card companies, announced a partnership with Avalanche to introduce a hybrid stablecoin credit card payment model. This model is based on KB Card's hybrid payment patent, combining stablecoins with traditional credit cards. Users can link their existing credit cards to a digital wallet, prioritizing stablecoin balances for payments, with any shortfall automatically charged to the credit card. Additionally, KB Card announced a collaboration with digital asset infrastructure company OpenAsset to jointly develop a complete stablecoin system that includes recharging, payments, and settlements, lowering the barrier for users to utilize stablecoins while retaining credit card rewards and benefits. Currently, South Korea is actively promoting a stablecoin market pegged to the Korean won, with the 'Digital Asset Basic Law' expected to introduce a regulatory framework within this year. Several banks and payment institutions are preparing related products.

KB Card Partners with Avalanche to Launch Hybrid Stablecoin Credit Card

On March 31, according to HTX market information, Bitcoin has fallen below $67,000, with a 24-hour decline of 1.1%.

[Bitcoin Falls Below $67,000, 24-Hour Decline of 1.1%]On March 31, according to HTX market information, Bitcoin has fallen below $67,000, with a 24-hour decline of 1.1%.

Bitcoin Falls Below $67,000, 24-Hour Decline of 1.1%

On March 31, 2026, the “PINDex Global Launch Ceremony,” hosted by PINDex, officially commenced in Bangkok, Thailand. At this launch event, we witnessed the global debut of PINDex. Following this, Dongyang, Overseas Market Director of PINDex, delivered a keynote speech titled “The Era of Digital Currency Has Arrived.”

[PINDex Overseas Market Director Dongyang: RWA, AI, and Web3 Are Converging — PINDex Sits at the Strategic Focal Point]On March 31, 2026, the “PINDex Global Launch Ceremony,” hosted by PINDex, officially commenced in Bangkok, Thailand. At this launch event, we witnessed the global debut of PINDex. Following this, Dongyang, Overseas Market Director of PINDex, delivered a keynote speech titled “The Era of Digital Currency Has Arrived.”

PINDex Overseas Market Director Dongyang: RWA, AI, and Web3 Are Converging — PINDex Sits at the Strategic Focal Point

On March 31, the Monetary Policy Committee of the People's Bank of China held its first quarter meeting of 2026 (the 112th meeting in total) on March 26. The meeting analyzed the domestic and international economic and financial situation, noting that the current changes in the external environment are deepening, the world economy is showing weak momentum, and there are frequent geopolitical and trade conflicts. The economic performance of major economies is diverging, and there is uncertainty regarding inflation trends and monetary policy adjustments. China's economy is generally stable and progressing steadily, achieving new results in high-quality development, but still faces challenges such as strong supply and weak demand, as well as external shocks. It is necessary to continue implementing a moderately loose monetary policy, strengthen counter-cyclical and cross-cyclical adjustments, better utilize the dual functions of monetary policy tools in terms of both quantity and structure, enhance the coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable recovery of prices.

[Central Bank: Continue to Implement Moderately Loose Monetary Policy and Strengthen Counter-Cyclical Adjustments]On March 31, the Monetary Policy Committee of the People's Bank of China held its first quarter meeting of 2026 (the 112th meeting in total) on March 26. The meeting analyzed the domestic and international economic and financial situation, noting that the current changes in the external environment are deepening, the world economy is showing weak momentum, and there are frequent geopolitical and trade conflicts. The economic performance of major economies is diverging, and there is uncertainty regarding inflation trends and monetary policy adjustments. China's economy is generally stable and progressing steadily, achieving new results in high-quality development, but still faces challenges such as strong supply and weak demand, as well as external shocks. It is necessary to continue implementing a moderately loose monetary policy, strengthen counter-cyclical and cross-cyclical adjustments, better utilize the dual functions of monetary policy tools in terms of both quantity and structure, enhance the coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable recovery of prices.

Central Bank: Continue to Implement Moderately Loose Monetary Policy and Strengthen Counter-Cyclical Adjustments

On March 31, the Monetary Policy Committee of the People's Bank of China held its 112th regular meeting on March 26, 2026. The meeting analyzed the domestic and international economic and financial situation, noting that the current changes in the external environment are deepening, the global economic momentum is weak, and geopolitical and trade conflicts are frequent. The economic performance of major economies shows divergence, and there is uncertainty regarding inflation trends and monetary policy adjustments. The overall operation of the Chinese economy remains stable with progress, achieving new results in high-quality development, but it still faces challenges such as strong supply and weak demand, as well as external shocks. The central bank will continue to implement a moderately loose monetary policy, strengthen counter-cyclical and cross-cyclical adjustments, better utilize the dual functions of monetary policy tools in terms of both quantity and structure, enhance the coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.

[China's Central Bank: Continue Implementing Moderately Loose Monetary Policy and Strengthen Counter-Cyclical Adjustments]On March 31, the Monetary Policy Committee of the People's Bank of China held its 112th regular meeting on March 26, 2026. The meeting analyzed the domestic and international economic and financial situation, noting that the current changes in the external environment are deepening, the global economic momentum is weak, and geopolitical and trade conflicts are frequent. The economic performance of major economies shows divergence, and there is uncertainty regarding inflation trends and monetary policy adjustments. The overall operation of the Chinese economy remains stable with progress, achieving new results in high-quality development, but it still faces challenges such as strong supply and weak demand, as well as external shocks. The central bank will continue to implement a moderately loose monetary policy, strengthen counter-cyclical and cross-cyclical adjustments, better utilize the dual functions of monetary policy tools in terms of both quantity and structure, enhance the coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.

China's Central Bank: Continue Implementing Moderately Loose Monetary Policy and Strengthen Counter-Cyclical Adjustments

On March 31, according to monitoring by Hyperinsight, the price of ETH broke through $2,090 with increased volume before facing downward pressure. A whale identified by the address starting with 0x4ce entered the market to go long, initially establishing a 9x leveraged long position at $2,063. Subsequently, within the past 10 minutes, the whale further increased its position by purchasing 3,208 ETH at an average price of $2,043, amounting to approximately $6.55 million. After two rounds of accumulation, the current position size has reached $13.68 million, with an average price of $2,052 and a liquidation price of $1,852, resulting in a slight unrealized loss of about $21,000. The remaining margin at this address is currently below $50,000, leaving no room for further accumulation in the short term.

[Whale Accumulates $6.55 Million Long Position in ETH During Correction at Average Price of $2,043]On March 31, according to monitoring by Hyperinsight, the price of ETH broke through $2,090 with increased volume before facing downward pressure. A whale identified by the address starting with 0x4ce entered the market to go long, initially establishing a 9x leveraged long position at $2,063. Subsequently, within the past 10 minutes, the whale further increased its position by purchasing 3,208 ETH at an average price of $2,043, amounting to approximately $6.55 million. After two rounds of accumulation, the current position size has reached $13.68 million, with an average price of $2,052 and a liquidation price of $1,852, resulting in a slight unrealized loss of about $21,000. The remaining margin at this address is currently below $50,000, leaving no room for further accumulation in the short term.

Whale Accumulates $6.55 Million Long Position in ETH During Correction at Average Price of $2,043

On March 31, an Israeli military spokesperson stated: We are prepared for ongoing military operations in the coming weeks.

[Israeli Military Spokesperson: Prepared for Ongoing Military Operations in the Coming Weeks]On March 31, an Israeli military spokesperson stated: We are prepared for ongoing military operations in the coming weeks.

Israeli Military Spokesperson: Prepared for Ongoing Military Operations in the Coming Weeks

According to monitoring by 1M AI News, on the same day that Google's quantum AI white paper was released, the neutral atom quantum computing startup Oratomic published a paper on arXiv, claiming that only about 10,000 reconfigurable atomic quantum bits are needed to run Shor's algorithm at a scale relevant to cryptography. This paper directly uses Google's optimized low-depth Shor circuit as input and optimizes another layer of the quantum computing stack: Google has compressed the number of logical quantum bits required by the algorithm (from thousands to about 1,200), while Oratomic has compressed the number of physical quantum bits needed for each logical quantum bit. The combination of these two layers of optimization has pushed the hardware scale required to break encryption to an unprecedented low. Oratomic's key method is to replace traditional surface codes with high coding rate qLDPC codes. Surface codes are currently the mainstream quantum error correction scheme, used by Google's superconducting solution, but they have low encoding efficiency, requiring about 400 physical quantum bits for each logical quantum bit, totaling about 500,000. The encoding rate of qLDPC codes is about 30%, allowing for the protection of the same number of logical quantum bits with far fewer physical quantum bits, compressing the total demand by about two orders of magnitude from the million level. The paper provides multiple architectural schemes (assuming a stabilizer measurement period of 1 millisecond): 1. About 10,000 physical quantum bits can run Shor's algorithm to break 256-bit elliptic curve encryption (the encryption scheme used by Bitcoin and Ethereum), with the runtime depending on parallelism. 2. In a configuration of about 26,000 physical quantum bits, the runtime for breaking elliptic curve encryption is about 10 days. 3. In a configuration of about 102,000 physical quantum bits, the runtime for breaking RSA-2048 is about 97 days. The trade-off is speed: the clock frequency of neutral atoms is far lower than that of superconducting solutions, requiring days rather than minutes to break encryption. However, this does not mean the threat is smaller. Google's superconducting solution (500,000 quantum bits, 9 minutes) is suitable for hijacking real-time transactions being broadcast; Oratomic's neutral atom solution (12,000-26,000 quantum bits, several days) is suitable for attacking dormant wallets with exposed public keys, as this type of attack does not require a race against time. Google's white paper estimates that about 6.9 million bitcoins fall into this category. The hardware gap is narrowing. The paper notes that neutral atom experiments have demonstrated physical capture arrays of over 6,100 quantum bits, although these arrays have not yet achieved quantum computing; the fault-tolerant computing capability of neutral atom systems is currently about 500 quantum bits. The gap from 500 to the 10,000 required in the paper is about 20 times, much smaller than the approximately 5,000 times gap of Google's superconducting route (currently about 100 vs. the needed 500,000). The authors of the paper are from Oratomic and are also affiliated with Caltech, including quantum computing authority John Preskill and Manuel Endres, with Dolev Bluvstein as the corresponding author. The paper concludes that subsequent hardware acceleration and error correction improvements are expected to reduce runtime by more than an order of magnitude, potentially down to hours or even minutes.

[Only 10,000 Quantum Bits Needed: 6.9 Million Dormant Bitcoins Face 'Unboxing' Countdown]According to monitoring by 1M AI News, on the same day that Google's quantum AI white paper was released, the neutral atom quantum computing startup Oratomic published a paper on arXiv, claiming that only about 10,000 reconfigurable atomic quantum bits are needed to run Shor's algorithm at a scale relevant to cryptography. This paper directly uses Google's optimized low-depth Shor circuit as input and optimizes another layer of the quantum computing stack: Google has compressed the number of logical quantum bits required by the algorithm (from thousands to about 1,200), while Oratomic has compressed the number of physical quantum bits needed for each logical quantum bit. The combination of these two layers of optimization has pushed the hardware scale required to break encryption to an unprecedented low. Oratomic's key method is to replace traditional surface codes with high coding rate qLDPC codes. Surface codes are currently the mainstream quantum error correction scheme, used by Google's superconducting solution, but they have low encoding efficiency, requiring about 400 physical quantum bits for each logical quantum bit, totaling about 500,000. The encoding rate of qLDPC codes is about 30%, allowing for the protection of the same number of logical quantum bits with far fewer physical quantum bits, compressing the total demand by about two orders of magnitude from the million level. The paper provides multiple architectural schemes (assuming a stabilizer measurement period of 1 millisecond): 1. About 10,000 physical quantum bits can run Shor's algorithm to break 256-bit elliptic curve encryption (the encryption scheme used by Bitcoin and Ethereum), with the runtime depending on parallelism. 2. In a configuration of about 26,000 physical quantum bits, the runtime for breaking elliptic curve encryption is about 10 days. 3. In a configuration of about 102,000 physical quantum bits, the runtime for breaking RSA-2048 is about 97 days. The trade-off is speed: the clock frequency of neutral atoms is far lower than that of superconducting solutions, requiring days rather than minutes to break encryption. However, this does not mean the threat is smaller. Google's superconducting solution (500,000 quantum bits, 9 minutes) is suitable for hijacking real-time transactions being broadcast; Oratomic's neutral atom solution (12,000-26,000 quantum bits, several days) is suitable for attacking dormant wallets with exposed public keys, as this type of attack does not require a race against time. Google's white paper estimates that about 6.9 million bitcoins fall into this category. The hardware gap is narrowing. The paper notes that neutral atom experiments have demonstrated physical capture arrays of over 6,100 quantum bits, although these arrays have not yet achieved quantum computing; the fault-tolerant computing capability of neutral atom systems is currently about 500 quantum bits. The gap from 500 to the 10,000 required in the paper is about 20 times, much smaller than the approximately 5,000 times gap of Google's superconducting route (currently about 100 vs. the needed 500,000). The authors of the paper are from Oratomic and are also affiliated with Caltech, including quantum computing authority John Preskill and Manuel Endres, with Dolev Bluvstein as the corresponding author. The paper concludes that subsequent hardware acceleration and error correction improvements are expected to reduce runtime by more than an order of magnitude, potentially down to hours or even minutes.

Only 10,000 Quantum Bits Needed: 6.9 Million Dormant Bitcoins Face 'Unboxing' Countdown

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

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3 reasons why the crypto markets are surging today

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

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