Geopolitics

U.S. Vice President Vance stated that the United States will swiftly withdraw from Iran, believing that all military objectives have been achieved, and the current military actions are to ensure that Iran no longer poses a threat to the U.S. He pointed out that the current rise in oil prices is a temporary reaction to the U.S.-Israel-Iran conflict, and that oil prices will fall after the withdrawal.

Gate News reports that on March 29, South Korean President Lee Jae-myung nominated Shin Hyun Song, the head of the Monetary and Economic Department of the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. It is reported that Shin Hyun Song is known as a "pragmatic hawk" and holds a negative attitude towards the Korean won-pegged stablecoin promoted by the Lee administration. Shin Hyun Song believes that in countries with highly volatile exchange rates that are susceptible to capital outflows, stablecoins can easily become a tool for capital flight, and stablecoins pegged to the local currency may accelerate this trend.

The U.S.-Iran war is escalating, with U.S. forces at a base in Saudi Arabia being attacked by Iran, resulting in at least 15 injuries. The Pentagon is drafting operational plans for ground troops, focusing on Iran's nuclear weapons. The Strait of Hormuz has become a diplomatic toll station, allowing only friendly countries to pass, and the crypto market is also under pressure due to the war.

The Trump administration has recently been wavering on its stance toward the war. The White House warned that if Iran does not abandon its nuclear ambitions, it could face a devastating strike, while also considering seizing Hark Island to counter the weapon threat. Market predictions show that in the short term, the odds that Iran will no longer control Hark Island are relatively low.

March 29th Cryptocurrency Market News: MicroStrategy's founder gives a bullish signal, analysts focus on Saudi production cuts, High points out that Bitcoin may have already bottomed. U.S. stocks may be approaching a short-term bottom, Canada plans to ban cryptocurrency political donations. The market needs to reset in order to start a new bull market.

U.S. and European allies have revealed that Russia is substantially supporting Iran's military operations, and the collaboration between the two has significantly strengthened. British officials noted that Iran is transferring drones and production technology to Russia, and has demonstrated technological advancements in attacks in the Middle East. The French Foreign Minister referred to it as "bilateral cooperation."

Professor Wan Zhe pointed out that the Middle East conflict creates uncertainty for oil prices, with the closure of the Strait of Hormuz potentially leading to a global supply gap of 15%-20%. Under the current circumstances, oil prices will remain above $100, and if the situation worsens or the Strait of Mandeb is blocked, oil prices will rise further; if there is a diplomatic breakthrough, oil prices may fall back below $100.

BlockBeats News, on March 29, reported by The Washington Post, U.S. officials stated that the Pentagon is preparing for several weeks of ground operations in Iran. According to PolyBeats monitoring, on the prediction market Polymarket, the probability of U.S. military entering Iran before the end of this month is 11%, and the probability before the end of April is 62%.

Gate News reports that on March 29, according to the Washington Post, U.S. officials revealed that the Pentagon is preparing for weeks of ground operations in Iran.

Ripple CEO Brad Garlinghouse stated that driven by mergers and acquisitions, the company is expected to achieve record performance in the first quarter. He revealed that the company has invested approximately $4 billion in the crypto ecosystem and expressed concerns about the progress of digital asset legislation in the United States, calling for a regulatory approach that avoids excessive politicization.

Gate News reports that on March 29, Trump delivered a speech at the Future Investment Initiative Summit held in Miami, emphasizing the significant influence of Bitcoin and that the U.S. should maintain a leading position in this field. He stated that more and more users want to use virtual assets, especially Bitcoin, for payments, and the U.S. needs to be at the forefront of relevant development trends.

The article interprets the “Outline of the 15th Five-Year Plan for National Economic and Social Development,” emphasizing that over the next five years, 109 major projects will be implemented, with a focus on developing artificial intelligence and talent cultivation, including strategic scientists and high-skilled talent. Smart agriculture will create new jobs and promote the integration of technology with agriculture.

Energy analysts warn that if the Houthis launch renewed attacks on Red Sea shipping, the oil market will face greater turmoil, which could lead to global oil supply cuts and higher oil prices. Saudi Arabia is moving crude oil to Red Sea ports to reduce the impact, but if the attacks continue, output could be constrained and force Saudi Arabia and other countries to cut production.

Recently, the BW Tyr and BW Elm oil tankers carrying full loads of liquefied petroleum gas from India sailed out of the Persian Gulf via the Strait of Hormuz. India is heavily dependent on this import and is currently facing a shortage of liquefied petroleum gas.

At the FII PRIORITY Miami summit from March 25–27, 2026, President Donald Trump praised Bitcoin as “highly powerful.” He noted a growing trend of people wanting to pay with cryptocurrency, signaling rising adoption. Trump emphasized free enterprise and minimal regulations, urging policies that

Senator Elizabeth Warren has reportedly asked the US Commerce Department to explain how it is handling potential national security risks tied to Chinese crypto mining giant Bitmain, following previous reports that the firm has been under federal scrutiny. In a letter sent Thursday to Commerce

U.S. Senator Elizabeth Warren sent a letter to Commerce Secretary Howard Lutnick, requesting documents related to Bitmain to understand the potential risks the company poses to national security. Bitmain is a major manufacturer of Bitcoin mining machines and is under investigation by the Department of Homeland Security regarding safety concerns related to its equipment and connections to the Trump family.

Gate News reports that on March 28, Iranian President Ebrahim Raisi stated today (March 28) on social media that Iran will not conduct a preemptive strike, but if Iran's infrastructure or economic centers are attacked, Iran will retaliate strongly. He warned that if regional countries wish to achieve development and security, they should not allow Iran's adversaries to use their territory to launch attacks on Iran. (CCTV International News)

The recent developments in the U.S.-Iran conflict over the past week are escalating continuously. The U.S. 82nd Airborne Division has canceled its rotation at the "Joint Readiness Training Center," the 82nd Combat Aviation Brigade, which typically relies on sea transport, has used air transport instead, and the blood supply reserves at U.S. military bases in the Middle East have increased by 500%. The largest U.S. Department of Defense overseas hospital—Landstuhl Regional Medical Center in Germany—has suspended some civilian services. The last time this combination of actions occurred was on the eve of the U.S. invasion of Iraq in 2003. Just at this moment of heightened tension, Trump suddenly posted that the U.S. and Iran had engaged in "very, very good and productive dialogue" and announced that the U.S. would pause military strikes on Iran's energy infrastructure for five days. In the early hours of March 27, Beijing time, Trump posted again that the pause would be extended until April 6. This objective fact contrasts with Trump's

Gate News reported on March 28 that, according to the Kuwait News Agency, the Kuwaiti civil aviation department indicated that Kuwait International Airport was hit by multiple drone attacks. The attacks did not result in any casualties, but the airport's radar system suffered "significant" damage.