PANews reported on March 29 that next Wednesday (April 2) is the day for Trump's reciprocal tariff announcement, which is of global concern. Before that, investors are more cautious because it is unclear what specific tariffs Trump will implement. Bank of America foreign exchange analysts Athanasios Vamvakidis and Claudio Piron said in a report that the risks are balanced before the deadline next week.

PANews reported on March 29 that according to Cointelegraph, David Pakman, managing partner of CoinFund, said that the global stablecoin supply could surge from the current size of about $225 billion to $1 trillion, which could become a key catalyst for the growth of the cryptocurrency market. David Pakman added that this scale of growth is not actually large compared to the global financial market. Since 2021, the volume of stablecoin transactions has increased by more than 22 times, indicating an increase in on-chain capital flows, while the current stablecoin supply can only indicate that the market may still be in the middle of the cycle and has not yet reached the peak of the bull market.

PANews reported on March 29 that according to Benzinga, Matt Mena, a cryptocurrency research strategist at 21Shares, said that the U.S. stock market has fluctuated amid macro uncertainty, while BTC has shown resilience and is defending the $84,000-85,000 support area. Nic Puckrin, founder of The Coin Bureau, pointed out that the PCE data released on Friday may cause the Federal Reserve to postpone its recent interest rate cut plan, and Bitcoin is not expected to return to its historical highs before the Federal Reserve cuts interest rates again.

PANews reported on March 29 that according to Samaa, Inky Cho, a financial market strategist at Exness, said that the recent decline in the cryptocurrency market may be related to the panic of selling caused by the transfer of BTC by Mt.Gox to settle debts, and Trump's remarks about the upcoming recession have brought shocks to the stock and cryptocurrency markets. Currently, the correlation between Bitcoin and Nasdaq remains at around 40%, which is down from the previous peak of 72%. However, Bitcoin and ETH and other altcoins are polarizing. Bitcoin is more like a tool to hedge against economic uncertainty and current US tariffs, while altcoins including Ethereum are still linked to the Nasdaq market dominated by the technology industry and technology stocks. Therefore, in the long run, Bitcoin's role as a tariff hedging tool may be enhanced, especially when tariffs cause economic instability.

According to Onchain Lens, a PEPE whale has sold 2.25 million LDO ($2.18 million) in exchange for WETH and exchanged it for 12,037 AAVE at $181. Initially, the whale bought 3.6 million LDO at a price of 2,234 ETH ($7 million). Currently holding 1.35 million LDO ($1.215 million), facing a loss of $3.6 million.

Analysts cite trader fatigue, regulatory uncertainty and a seven-year low in bitcoin supply as key factors.

The Bitcoin spot ETF with the largest daily net outflow yesterday was the Fidelity Bitcoin ETF FBTC, with a daily net outflow of US$93.1572 million. Currently, FBTC's total historical net inflow has reached US$11.469 billion.

The Ethereum spot ETF with the largest single-day net inflow yesterday was the Grayscale ETF ETHE, with a single-day net inflow of US$4.6817 million. Currently, the total net outflow of ETHE in history has reached US$4.167 billion.

Panama has published a comprehensive draft bill to regulate cryptocurrencies and promote the development of blockchain services. According to the bill, digital assets are recognized as legal means of payment, allowing individuals and businesses to freely agree on their use in commercial and civil contracts. It explicitly authorizes the use of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and stablecoins to purchase goods, pay for services and settle debts, provided that both parties agree.

According to @ai_9684xtpa, the band giant whale redbase.eth, which has suffered a cumulative loss of $1.069 million due to ETH band since March 9, has leveraged 4,159 ETH worth $7.8 million 7 hours ago. The whale bought 1,322 ETH at a cost of 2.5 million DAI, and then continued to pledge the purchased ETH to borrow stablecoins for a long cycle. Currently, a total of 4,150 WETH has been pledged to borrow 5.35 million DAI, with a health level of 1.14; if ETH falls to $1,676, its position will be forcibly liquidated.

According to the monitoring of on-chain analyst @ai_9684xtpa, the address 0xcD4...364D6 has recharged 16,800 ETH to Binance again in the past 16 hours, worth $31.62 million, which is suspected to be a sell-off. In the past week, the whale has transferred a total of 31,002 ETH (about $59.97 million) to the exchange, with an average recharge price of $1,934.

PANews reported on March 29 that according to Investing, although the crypto community generally believes that adding Bitcoin to the balance sheet is good news, GameStop's stock price fell below $22, a five-day drop of nearly 15%. In addition, Strategy and Coinbase's stock prices also fell to a certain extent. Analysts believe that if GameStop, Strategy, and Marathon's stock prices are to rise, Bitcoin may need to reach the so-called "exit speed," that is, the price breaks through $110,000 and exceeds the average purchase price of these companies. Only then will new demand for these stocks exceed the dilution pressure caused by bondholders' hedging. Before Bitcoin has a major breakthrough, analysts expect GameStop and other listed companies holding Bitcoin may continue to fluctuate in a range.

Vitalik believes that we should talk less about public goods funding and more about open source funding, and shifting the focus from "public goods" to "open source" seems to be the best approach. Open source should not mean "building anything is equally noble as long as it is open source"; it should be about building and open sourcing what is most valuable to humanity. But distinguishing which projects are worth supporting and which are not is already the main task of the public goods funding mechanism, which is well known.

Hyperliquid tweeted that its blockchain has been upgraded to add a fully on-chain validator voting feature for asset delisting. When enough votes are reached to support the delisting, the action will automatically trigger on-chain execution. This permissionless, equity-based voting weighted primitive is built into HyperCore and technically does not require off-chain coordination. As a demonstration of the mechanism, validators 2-5 of the Hyper Foundation will vote on whether to delist the MYRO contract around 21:00 (UTC+8) on March 29. Validator 1 of the Hyper Foundation will abstain from voting until the delegation of participants in the initial delegation program is completed.