Gate Crypto Flash News and Market Updates

Wall Street’s pessimism is intensifying, with multiple indicators showing investors are actively betting on a decline in the stock market, as CNN’s Fear and Greed Index drops to a low point. Short positions are rising, pressure in specific industries is significant, and options market hedging signals are prominent. Analysts warn that extreme sentiment could trigger a market reversal, but given the current geopolitical and economic pressures, the market’s future trend remains uncertain.

Google’s quantum artificial intelligence team released a white paper, proposing a new quantum attack scheme that significantly lowers the cost of breaking elliptic curve encryption, sparking panic in the encryption industry. Research shows that the quantum computing threat is accelerating and moving closer, with major blockchains such as Bitcoin and Ethereum facing risks; the industry needs to rapidly advance the upgrade to post-quantum encryption.

The Dubai Virtual Assets Regulatory Authority will roll out a regulatory framework for crypto exchange-traded derivatives in 2026, requiring a leverage cap of 5:1, applicable to all licensed virtual asset service providers. The new rules emphasize risk control, allowing institutions and retail investors to participate in derivatives trading, while preserving the power to intervene when markets are volatile. This initiative is intended to attract global crypto firms and drive the maturation and development of the crypto market in the Middle East.

Gate News message. On March 31, Alipay released the first domestic "Payment Integration Skill," deeply packaging core payment capabilities into standardized components. In addition, Alipay also upgraded its "Sandbox Environment," allowing developers to complete end-to-end payment testing without real funds and without officially launching a payment product.

Gate News reports that, as of March 31, Ant Group has completed the settlement of its acquisition of Hong Kong stablecoin concept stock Yao Cai Securities, acquiring 50.55% of its equity for HK$2.814 billion. Following the completion of the transaction, Yao Cai Securities' board of directors has undergone a comprehensive reshuffle. Zheng Yanlan, currently head of the overseas business preparation team for the Ant Wealth segment under Ant Group; Huang Hao, currently a senior vice president of Ant Group; and Liu Zheng, currently chief financial officer of Ant Group, among others, have been appointed as executive directors.

On March 31, 2026, the Bitcoin price has been trading in the vicinity of $67,500, showing a certain level of resilience despite uncertainty surrounding the situation in the Middle East. The market is watching for signals from Trump regarding an end to the Iran conflict, which is boosting sentiment for risk assets. Volatility in global markets is increasing, and the crypto market continues to perform better than traditional assets. Analysis suggests that Bitcoin has strong shock-absorbing capacity. Going forward, attention will be on the progress of the war and its impact on liquidity and inflation.

UBS Wealth Management believes the China market has been overcorrected, and investors may be underestimating the value of high-quality AI stocks. Internet-sector valuations are near their historical lows; MSCI China’s expected EPS growth rate is about 13%, and the tech sector is around 20%-25%. Policy is actively supporting AI and technology innovation, and earnings and valuations are expected to recover.

Gate News: According to the latest Gate TradFi data, CHCUSD50 () has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

A survey from Quinnipiac University shows that 15% of American adults are willing to accept AI as a boss, while 70% are concerned that AI will reduce job opportunities. Companies are accelerating the adoption of AI to replace management, and a “highly flattened” trend is emerging; for example, companies such as Workday, Amazon, and Uber have applied AI in practice.

StakeStone announced that its Stone Wallet QR code payment feature is officially live, aiming to lower the barriers to crypto payments. It supports multiple mainstream payment standards across the Asia-Pacific region and uses a zero-fee model, serving retail users and people in communities underserved by financial services.

Gate News message, March 31, decentralized derivatives trading platform edgeX has launched the EDGE airdrop claim page, and will open EDGE token trading today at 20:30.

Gate News message, March 31, Mitsubishi Corporation plans to recently integrate JPMorgan Chase (a major U.S. financial institution)’s blockchain payment platform, becoming the first Japanese company to use the service. The service supports instant international fund transfers, and JPMorgan Chase is also using the opportunity to promote its blockchain payment products to more Japanese companies. Against this backdrop, Japanese financial institutions’ deployment of blockchain and stablecoins continues to accelerate. Major banks such as Mitsubishi UFJ and Mizuho are testing a yen stablecoin, and Japan’s regulators are also considering approving the listing of crypto ETFs as early as 2028.

SBF alleges that U.S. District Judge Lewis Kaplan of the Southern District of New York has a bias, and asks that he recuse himself from presiding over the case, saying Kaplan’s conduct and comments were improper and citing Delaware judges’ recusal precedents.

On March 30, Ethereum spot ETF net inflows totaled $4.9583 million, including Fidelity’s FETH net inflows of $10.5609 million, BlackRock’s ETHB net inflows of $4.1547 million, while ETHA saw net outflows of $9.7573 million. Ethereum spot ETF total assets net asset value was $11.508 billion.

Socket AI recently issued a security alert, stating that npm’s core dependency package axios is under an active supply chain attack; the latest version has been injected with a malicious package called plain-crypto-js. Because axios is widely used, many projects face risk. Users are advised to immediately lock their version and review the files.

March 31 news: Bitcoin spot ETFs had total net inflows of $69.4404 million on March 30. Of that, Ark Invest and 21Shares’ ARKB ETF had net inflows of $33.0297 million, while Fidelity’s FBTC ETF had net inflows of $28.8887 million. Total net assets under management reached $8.5475 billion, with cumulative net inflows of $56.004 billion.

Gate News, March 31, Andrew Chapello, Product Manager at Ramp, a business spend management platform, announced that Ramp’s stablecoin account feature has officially entered the public testing phase. This feature allows users to hold stablecoins within the Ramp platform and earn balance rewards, while also enabling them to use USDC to pay global vendors and employees, repay Ramp card bills, and manage fiat and stablecoin assets under a unified approval and accounting system.

Space computing startup Starcloud completed a $170 million Series A round at a $1.1 billion valuation, bringing total funding to $200 million. It plans to launch the Starcloud 2 satellite equipped with multiple GPUs and Bitcoin mining rigs. The CEO said it will become the first space Bitcoin mining satellite and plans to develop the Starcloud 3 data center spaceship.

Musk said on the X platform that the key to AI development lies in video understanding and generation technologies, and that photons are the highest-bandwidth form of communication. He noted that Grok Imagine has already achieved positive gross margins, and also mentioned the background behind OpenAI shutting down the video platform Sora.

Animoca Brands launched the AliBAE platform based on Alibaba’s Qwen model on March 31. The platform supports creators in producing AI-assisted content and earning CHECK tokens. The platform is now open for early access, and it offers 100,000 CHECK rewards through promotions. Creators can participate in tasks to produce videos or applications and receive rewards.