Gate Crypto Flash News and Market Updates

U.S. gasoline prices first surpassed $4 per gallon, driven by the Middle East conflict, and oil prices surged to record highs. Analysts warn that rising diesel prices will affect logistics, while the U.S. government is taking steps to increase supply and release crude oil to ease the pressure.

Bitcoin security researcher Justin Drake revealed that key progress has been made in quantum computing and cryptography research, which could threaten the security of crypto assets. One study shows that an optimized Shor’s algorithm could crack Bitcoin private keys within minutes, while another study uses a neutral-atom quantum computing architecture to achieve a more efficient cracking process. It is expected that by 2032, quantum computers will have a 10% chance of cracking some of the public keys, accelerating the development of post-quantum cryptography.

A CEX’s 24-hour trading volume on March 31 reached $767.5 million, and the top five traded tokens were BTC, XRP, ETH, USDT, and ONT, accounting for 11.91%, 11.90%, 9.87%, 8.18%, and 5.93%, respectively.

Gate News reports that on March 31, the latest weekly report from TRON's decentralized lending protocol JustLend DAO shows that the platform’s total value locked (TVL) reached $6.55 billion, and total deposits amounted to $3.53 billion. JustLend DAO is a core DeFi infrastructure within the TRON ecosystem, providing on-chain lending services to users worldwide.

Gate News message: On March 31, the top decentralized lending protocol on the TRON blockchain, JustLend DAO, released its latest weekly report. The platform’s total value locked (TVL) reached $6.55 billion, and total deposits amounted to $3.53 billion.

Gate News message: March 31, according to on-chain analyst Ai Yi monitoring, SKY today listed a certain CEX won trading pair. After SKY briefly touched $0.087 on another CEX, it pulled back, with a gain of 16%. An address (0x6c2...f3f14), after the listing announcement was published, withdrew 31.45 million SKY from the Sky staking contract and deposited them into a certain CEX, worth $2.46 million. The deposit price was $0.078, and the current price is $0.072.

Bitcoin market sentiment remains depressed, and the Fear and Greed Index has fallen to 8. It has been at extreme fear for 59 days, mainly driven by high interest rates and the global economic environment. Despite retail traders’ low sentiment, long-term holders are still transferring assets. The market faces structural disagreement, and future price action will depend on changes in macro liquidity.

By the end of March 2026, due to remarks by Iran’s parliamentary speaker and comments by Trump that influenced the U.S. stock market sentiment, the U.S. stock market experienced volatility, and the S&P 500’s market capitalization rebounded by approximately $900 billion in the short term. The market is highly sensitive and responds noticeably to political statements. Despite the stock market rebound, oil prices remain high, and ongoing geopolitical impacts continue to attract investor attention; the future market trend will depend on the progress of negotiations.

The U.S. Securities and Exchange Commission (SEC) has recently approved new rules allowing brokers to use S&P 500 and Russell 1000 constituent stocks as collateral in securities lending. This change gives institutional investors greater flexibility in capital deployment and is expected to improve market liquidity, potentially affecting the logic behind risk-asset pricing. How institutions adopt it in the future will be a key point to watch.

Gate News reports that on March 31, SlowMist founder Yu Xuan issued a security warning stating that the latest version 3.28 of OpenClaw may introduce a malicious axios dependency package, prompting users to conduct thorough inspections. Yu Xuan pointed out that, in addition to the risks directly associated with OpenClaw, related Skills may also rely on axios, leading to indirect contamination. Because axios is widely used, a comprehensive investigation is recommended. It is understood that this poisoning incident was detected in a timely manner.

Kevin O’Leary has recently said that Bitcoin and Ethereum account for 98% of the value in the crypto market, and he called them the only meaningful investment. However, the altcoin market still has room to grow, and investors need to balance risk and reward between core assets and emerging assets.

XRP has been steadily falling within a descending channel since July 2025, dropping about 1.94% in March. Technical indicators show bearish signals, and it may face a larger pullback. Positioning data and the derivatives market also suggest the market is under pressure. Key support is at $1.29; a break below it could point to lower price levels. The current trend depends on improvements in support and capital structure.

Strategy Inc. launched the floating-rate preferred stock STRC on March 30, 2026, with an annualized return of about 11.5%. UK investors face high tax costs, which may affect their actual returns. By comparison, 21Shares’ Strategy Yield ETP can avoid immediate tax burdens. Investors using an ISA account have less impact from taxes. Investors should pay attention to tax rules and product structure to avoid incurring unnecessary costs.

The U.S. Securities and Exchange Commission withdraws its charges against Justin Sun, sparking congressional concerns about regulatory transparency and independence. Senators are asking for an explanation of the reasons behind this decision, questioning whether enforcement is influenced by external factors. The incident could change the U.S. crypto regulatory landscape and affect market confidence.

Gate News message, March 31, according to SolanaFloor monitoring, in the past 24 hours Circle minted approximately 750 million USDC on the Solana chain.

U.S. Senators Bill Cassidy and Cynthia Lummis introduced the “American Mining Act,” aiming to bring Bitcoin mining back to the United States, establish an “American Mining” certification program, strengthen the mining industry’s infrastructure, promote domestic manufacturing of green mining hardware, and incorporate strategic Bitcoin reserves into the legal framework. This marks an important shift in the United States’ digital asset strategy and is expected to spur domestic investment and technological innovation.

FGE NexantECA predicts that if the Strait of Hormuz is closed for six to eight weeks due to a war involving Iran, oil prices could surge to $150 or $200 per barrel, as losses from supply disruptions would be enormous. Fesharaki, the Honorary Chairman, said that Trump’s remarks have limited impact, and that the actual situation will drive prices higher.

Anchorage Digital CEO Nathan McCauley announced support for the newly formed U.S. bipartisan political action committee Blockchain Leadership Fund to help clarify the cryptocurrency regulatory framework. The move is an extension of the company’s long-term policy advocacy and, together with Chainlink, will work to advance legislation.

RHB Research analyst Joseph Chai noted that bullish momentum in New York Mercantile Exchange gold futures has increased. The price has broken through the $4,500 resistance level, but it may face heavy selling pressure near the 20-day SMA, which is currently about $4,815.63.

By the end of March 2026, the Bitcoin price is about $67,400. Institutional funding has cooled and high macro interest rates have had an impact, limiting short-term upside momentum. The supply-and-demand structure has loosened, demand has weakened, the market’s ability to absorb has declined, and institutional demand has fallen significantly. Rising real interest rates are increasing liquidity pressure. The market needs to watch for improvements in liquidity and changes in interest rates.