Gate Crypto Flash News and Market Updates

March 31, US Cross River Bank completed a $50 million funding round, with a valuation exceeding $3 billion. The funds will be used to expand its artificial intelligence and cryptocurrency businesses. The participants were its existing investors, and no new shareholders were introduced.

Gate News message. On March 31, U.S. President Trump made remarks on the Iran issue, saying that countries can go to the Strait to seize oil for themselves and learn how to fight on their own. The remarks touch on heightened geopolitical tensions in the Middle East region and concerns about global oil supply security.

DeepSeek experienced three service disruptions from March 29 to 31, with durations of 1 hour 48 minutes, 10 hours 13 minutes, and 1 hour 3 minutes, respectively. The issue has been resolved, and the service is now operating stably again. Over the past 30 days, the web chat service availability has been 98.61%. This incident has raised concerns about the stability of AI infrastructure.

Gate News bot message, Gate price chart shows that GT has broken through 6.5 USDT, current price is 6.5 USDT.

OpenFX has recently completed a $94 million funding round, with a post-investment valuation of about $500 million. The company uses stablecoins to accelerate cross-border payments, enabling rapid foreign-exchange settlement. Currently, its annual processing volume has reached $45 billion, and it plans to expand into the Southeast Asia and Latin America markets.

Gate News message. According to Gate’s official announcement, Gate will complete the migration of the pre-market perpetual contract EDGEXUSDT to the official EDGEXUSDT perpetual contract before 23:30 on March 31, 2026 (UTC+8). During the migration process, contract trading and existing positions will not be affected. The official EDGEXUSDT perpetual contract will support 1–50x long and short operations, and the risk limit trading parameters will be adjusted accordingly.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Google’s Quantum AI team released a white paper stating that the quantum resources required to break elliptic curve cryptography are lower than expected. It proposes two quantum circuit schemes and recommends that the cryptocurrency community migrate to post-quantum cryptography by 2029 to address potential threats.

Gate News message: On March 31, according to Onchain Lens monitoring, a new address deposited $9.6 million in USDC into the decentralized derivatives trading platform HyperLiquid, and opened a CL Brent crude oil (U.S. light sweet crude oil futures) long position contract with 20x leverage. The value of the current position is $5.23 million.

Bitcoin treasury company Hyperscale Data (NYSE American: GPUS) announced that as of March 29, 2026, the company’s cash and Bitcoin holdings are approximately $82.1 million, with a market value of 156.87%. Of this, the market value of its Bitcoin holdings is approximately $41.8 million. Its subsidiaries Sentinum and ACG together hold 633.8609 Bitcoins and have not increased their holdings in the public market.

Web3 asset data platform RootData has disclosed Robinhood’s crypto supply-chain strategy, emphasizing compliance first and steady expansion. Robinhood holds financial licenses in multiple regions, and leverages strong partners such as TRM Labs and Arbitrum to strengthen compliance capabilities and transaction monitoring, thereby enhancing its competitiveness in the market.

Data shows that more than 40% of altcoin trading prices have moved close to their historical lows. The market has remained weak as geopolitical tensions and liquidity dilution weigh on it. Globally, about 47 million crypto tokens have been issued, with Solana, Base, and BNB Chain accounting for a larger share.

Gate News message: On March 31, according to monitoring by Onchain Lens, the address luggis (@luggisdoteth) (0x5d7...0b37), after being inactive for 2 months, deposited 2,000 ETH into a certain CEX, worth $4.03 million.

Gate News, March 31, amid continued escalation in concerns over supply disruptions in the Strait of Hormuz (a globally critical oil transit corridor), the cracking spread for Asian naphtha (a light refined petroleum product) widened against Brent crude oil (the benchmark international crude oil price), reaching a record high of $466.85 per ton. The cracking spread refers to the price difference between petrochemical products and crude oil.

OpenEden announces that the team and advisor tokens will be locked up for another 9 months, extending the overall vesting period to January 2027. This decision reflects its long-term development strategy, and the team will focus on expanding the range of applications and deepening institutional as well as DeFi integrations.

Gate News message, on March 31, ECB board member Müller said that the possibility of a rate hike in April cannot be ruled out and that they will closely monitor wages and the labor market.

2026-03-31 09:45 to 10:00 (UTC), BTC recorded a return of -0.58% within 15 minutes, with a trading range of 65,996.1–66,509.1 USDT, a volatility of 0.77%. Short-term fluctuations intensified, drawing market attention. Total on-chain transfers reached 420,000, with the number of transactions as high as 27,986, indicating rapid capital movement and a phased increase in market participation, though overall trading remains cautious. The primary drivers behind this deviation are on-chain large-capital reallocation activity and an acceleration in fund flows. On-chain data shows that both the total transfer volume and the number of transactions have risen together