Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Gate Daily Report (March 31): Senator Introduces the “US Mining Act” for the First Time; Bitmine Re-Stakes 167,000 ETH

Bitcoin rebounds in the short term to $67,660, and a U.S. senator proposes the “U.S. Mining Act,” aiming to establish a strategic Bitcoin reserve. Bitmine re-stakes 167,500 ETH, bringing its total staked amount to nearly 3.31 million ETH. With market volatility, the S&P 500 and Nasdaq indices fell. Analysts say short-term market sentiment is sluggish, and rising oil prices are affecting the BTC price.

The NFL has asked for the delisting of manipulation-prone contracts in prediction markets, and the CFTC respects the league’s position

The National Football League (NFL) requires prediction market platforms to cease offering contracts that are easily manipulated and emphasizes that these contracts lack randomness, which could constitute insider trading. The CFTC chair stated that it will respect each league’s views and that the regulatory landscape may change. Additionally, the NFL and MLB have adopted different strategies—adversarial and cooperative—when dealing with prediction markets, reflecting different perspectives among professional sports organizations regarding regulation.

401(k) retirement savings can be invested in crypto! The U.S. Department of Labor proposes a landmark rule draft

The U.S. Department of Labor proposes new regulations, aiming to make it easier for 401(k) retirement plans to include alternative assets such as cryptocurrencies to reflect the modern investment landscape. Supporters believe this move can increase portfolio diversification, while opponents worry it could harm wage earners. The rules are still in the public comment phase and the final form has not yet been determined.

Why is Bitcoin up today? Trump pauses strikes on Iranian energy facilities, and the Fed signals support for risk markets

Bitcoin rebounded to above $67,000 on March 31, mainly driven by signals from U.S.-Iran diplomacy and the Federal Reserve’s decision to keep interest rates unchanged. Market sentiment temporarily improved, but Iran’s Ministry of Foreign Affairs said that the lack of direct negotiations could limit the rebound. The potential impact of the Strait of Hormuz toll bill on supply chains is pushing up oil prices and putting pressure on the market; it’s important to closely monitor future price movements.

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Solana pitches itself as core rail for the agentic internet as AI payments near 15 million

Solana is positioning itself as a core infrastructure for the agentic internet, facilitating autonomous software agents in handling onchain payments. With 15 million AI-agent transactions predominantly using stablecoins, the network aims to be the underlying payment rail for machine-to-machine interactions.
SOL-0,27%
DEFI-6,09%
CryptoNewsFlash·3m ago

Analyst: Silent Liquidity Crisis in Japan Could Trigger Next Crypto Crash

Bitcoin’s next downturn may not begin within the crypto markets but from tightening liquidity conditions in Japan. This is according to analyst Ted Pillows, who argues that rising Japanese bond yields could act as a potential trigger that could ripple through global markets and weigh adversely on d
BTC0,12%
ETH0,67%
CryptoPotato·21m ago

Bitcoin Everlight: 4 Steps to Activate Shards and Stack Sats

Bitcoin is the most famous digital asset in the world. Most people think the only way to own it is by buying it or mining it with loud machines. A new platform called Bitcoin Everlight is changing that. It has built a simple way for anyone to help the Bitcoin network and earn real BTC rewards.
BTC0,12%
CryptoPotato·30m ago

A U.S. senator pressures the SEC over the case involving Justin Sun and the departure of the head of enforcement

A U.S. senator is putting pressure on the SEC over Justin Sun and the departure of the head of enforcement The matter, which centers on the departure of the former head of enforcement at the U.S. Securities and Exchange Commission (SEC), continues to heat up Washington, as a group of U.S. senators asks the agency to clarify those
TapChiBitcoin·33m ago

Iranian contract suspected of insider trading, Democratic lawmakers call for CFTC involvement in prediction markets

More than 40 U.S. Democratic lawmakers have urged strengthening insider-trading oversight for government employees engaged in trading on prediction markets, pointing to multiple suspicious cases showing abnormal betting behavior. In the letter, they call on the CFTC and OGE to issue guidance to ensure compliance with existing laws. This move is also linked to efforts to advance legislation related to digital-asset regulation, emphasizing synchronized progress between regulatory oversight and judicial review.
MarketWhisper·50m ago
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《CLARITY Bill》scheduled for an April vote; passive income from stablecoins prohibited from being swapped into DeFi — DeFi disclaimer

The U.S. Senate will consider the “Digital Asset Market Transparency Act” (CLARITY Act). The bill’s biggest concession is a comprehensive ban on earning passive income from stablecoins, but it will provide activity-based incentives to make up for it. In addition, the bill explicitly grants a liability shield for DeFi developers, and it establishes the jurisdiction of the CFTC and SEC. If the bill is not passed before May, it may be pushed back to 2026. This bill is important for clarifying crypto market regulation and, at the same time, it will affect how stablecoins are positioned.
MarketWhisper·56m ago
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