Gate Crypto Flash News and Market Updates

Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News, March 31, according to Alternative.me data, today the crypto Fear and Greed Index rose to 11, putting the market in extreme fear. Yesterday, the index was 8, also in extreme fear.

Gate News message, March 31, the South Korean and Japanese stock markets continued to fall. South Korea’s KOSPI index (Korea Composite Stock Price Index) plunged 4% intraday, and Japan’s Nikkei 225 index (Japan’s benchmark stock market index) saw its decline widen to 2.4%.

Gate News message, March 31, the intraday trading session of the stock markets in South Korea and Japan saw a decline, with the South Korea KOSPI index (Korea Composite Stock Price Index) reaching an intraday drop of 4%, and Japan’s Nikkei 225 index (Japan’s benchmark stock market index) with its decline widening to 2.4%.

Gate News message. On March 31, in Polymarket's "NBA regular season Spurs vs Bulls" prediction event, an account (address: 0x05f6027ceb5b8db472bb716d3ed574c199118cec) with a win rate over 78% purchased a $240,000 bet on the Spurs to beat the Bulls; the opening price was $0.95. The NBA regular season Spurs vs Bulls game kicks off at 8:00 AM Beijing time today. Currently, the NBA regular season is in its final stretch; the Spurs record is 56 wins and 18 losses, ranking 2nd in the Western Conference; the Bulls record is 29 wins and 45 losses, ranking 12th in the Eastern Conference.

Gate News message: On March 31, according to Onchain Lens monitoring, a certain staked entity added 167,578 ETH worth approximately $342.4 million in new collateral. Currently, the entity’s total staked holdings have reached 3,310,221 ETH, with a total value of approximately $6.7 billion.

Gate News message, March 31. The stock markets in Korea and Japan opened lower on March 31 (Tuesday). The Korea KOSPI index (Korea Composite Stock Price Index) opened down 130.16 points, down 2.47%, at 5147.14 points. The Nikkei 225 index (Japan stock market benchmark index) opened down 447.09 points, down 0.86%, at 51438.76 points.

A short-seller report by Muddy Waters accuses SoFi’s management of inflating profits, taking bonuses, and claims that its $312 million borrowing was incorrectly recorded as loan sales, potentially leading to a restatement of financial data and shareholders facing a 15% dilution risk. The report says the accounting treatment does not align with the role described by JPMorgan.

Gate News message, on March 31, Iran’s parliamentary National Security Commission approved a bill to impose fees on vessels transiting the Strait of Hormuz. The bill includes the following: implementing financial arrangements and a charging system in the form of Iranian rials; banning U.S. and Israeli ships from transiting the Strait of Hormuz; maintaining Iran and its armed forces’ dominant position; prohibiting countries that participate in unilateral sanctions against Iran from transiting; Iran will cooperate with Oman to develop the relevant legal framework.

Chainalysis reports that low-cost commercial drones have become a core tool in modern conflicts, and that Russian and Iranian organizations use cryptocurrency to fund drone procurement. Since 2022, pro-Russia groups have raised more than $8.3 million in donations, most of which were used in stablecoins. Iran’s Ministry of Defense has also accepted cryptocurrency payments for weapons.

Gate News message, March 31, Anchorage Digital Bank released its USAT reserve report as of February 28, 2026. The data show that the USAT circulating supply is 19,001,496 coins, up by 1,500,105 coins from January; total reserve assets are $19,146,639, a month-over-month increase of about $1.54 million. The report shows that the reserve funds exceed the circulating supply by about $145,000, and the excess collateral amount grew 40% quarter-over-quarter.

The European Crypto Initiative has officially been renamed the European Ethereum Institute, emphasizing Ethereum’s importance in Europe’s digital economy. The EEI will provide independent analysis, address relevant regulatory issues, and connect developers with policymakers.

Gate News message, on March 31, according to market data, Bitcoin fell below 67,000 USDT, and is currently at 66,974.88 USDT, with a daily decline of 1.46%.

The Trump administration’s proposed new rules would loosen restrictions on alternative asset eligibility in 401(k) plans, provide legal protection, reduce litigation risk, and encourage assets such as private credit and private equity to be included. Trustees would need to evaluate performance, fees, and other factors to fulfill their responsibilities.

Gibson Dunn law firm noted that although the joint guidance published by the SEC and CFTC has improved, it still does not fully address industry needs, especially regarding ambiguity in the Howey test and secondary market trading. The authors call on the crypto industry to provide feedback, urging the SEC to clearly define regulatory boundaries and avoid enforcement replacing regulation.

Swift announced that its blockchain shared ledger project has made significant progress. It is developing its first minimum viable product (MVP) to enable interoperability for tokenized deposits at banks, support 24/7 cross-border payments, and improve payment speed and transparency.

The River abstract stablecoin protocol has expanded to the Base network, after previously being available on Ethereum and BNB Chain. Base is the leading L2 network on Ethereum by activity, with DeFi TVL exceeding $4 billion, a stablecoin market cap of $4.7 billion, and nearly 500,000 daily active addresses. Users can hold and use River within its ecosystem.

Gate News: According to the latest Gate TradFi data, MU (Micron) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

2026-03-30 23:00 to 2026-03-30 23:15 (UTC), ETH’s return rate over 15 minutes was -0.59%. The price range was between 2013.89 and 2033.15 USDT, with a swing of 0.95%. During this period, market volatility was significant, attention increased, and it reflected the market’s high sensitivity to short-term abnormal moves. The primary driver behind this abnormal movement is a whale address transferring a large amount of ETH to a certain exchange platform. Specifically, address 0xb5Ab transferred 50,000 ETH for the first time in 9 years, and the market widely interpreted it as a substantial increase in potential sell pressure.