Gate Insights and Crypto Market Analysis

Bitcoin is under pressure near $70,791 as U.S. 5-year Treasury yields rise to a 9-month high, accompanied by inflation concerns triggered by the Iran conflict. Market capital is tilting toward cash holdings, weakening demand for Bitcoin. Analysts predict it may retest the $66,000 support level. With rising probability of rate hikes, market speculative demand for Bitcoin is diminishing, and overall risk assets are also facing pressure.

US senators announced a bipartisan agreement on the principles of the CLARITY Act between cryptocurrency businesses and banking industry, establishing boundaries on what stablecoin yield mechanisms are prohibited versus permitted—banning passive income while allowing activity-based rewards tied to user behavior. This measure aims to protect traditional deposit operations while preserving innovation space for crypto platforms. Regulators' definition of "activity" is expected to become the main point of contention, with specific rules anticipated within one year.

On March 25, Slowmist Chief Information Security Officer 23pds revealed that attackers exploited the LiteLLM vulnerability to steal approximately 300GB of data and 500,000 credentials. He advised cryptocurrency developers to immediately check and rotate relevant keys to prevent losses. LiteLLM had previously suffered supply chain attacks with severe impact.

Jinse Finance reports that on March 25, according to OnchainLens monitoring, within the past 16 hours, 7 newly created wallets collectively withdrew 74,959 ETH from Binance, valued at approximately $161.3 million. The related assets were subsequently transferred to other wallet addresses.

U.S. senators are proposing legislation to comprehensively ban sports events and casino game contracts on CFTC-regulated prediction markets, targeting Kalshi and Polymarket. The dispute centers on federal versus state jurisdiction. Despite facing regulatory pressure, prediction markets remain favored by capital, with MLB choosing to partner with Polymarket to strengthen oversight.

X platform will update its revenue-sharing incentive mechanism starting this Thursday, increasing the weight of local impression distribution and encouraging creators to publish content related to their country and language, aiming to reduce traffic manipulation practices, promote diverse discussions, and enrich community interactions.

The Ethereum Foundation has established a dedicated Post-Quantum team and launched a resource hub outlining a multi-year roadmap to transition the network to quantum-safe cryptography, with protocol-level solutions targeting implementation by 2029.

Circle (CRCL) stock price plummeted nearly 20% following the introduction of the CLARITY Act draft, which proposes restrictions on stablecoin passive yields. The legislation aims to prevent stablecoin issuers from offering interest similar to bank deposits, which could impact Circle's profit model and market competitiveness. Analysts point out that the current decline may represent market overreaction, as USDC circulation continues to grow and the legislation remains in the negotiation phase with uncertain outcomes.

The United States, through Pakistan, presented Iran with a 15-point conflict resolution proposal requiring Iran to dismantle its nuclear capabilities and cease regional support in exchange for potential comprehensive sanctions relief and support for civilian nuclear projects. The proposal, driven by Trump advisors, calls for a one-month ceasefire to facilitate negotiations.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the Monday market section nears completion, Bitcoin saw a brief rebound, allowing the crypto king to retest the $71,000 price level once again. BTC’s price may have slightly bounced back up to

Delaware lawmakers propose the Delaware Payment Stablecoins Act to establish a regulatory framework for payment stablecoin issuers, aligning with the federal GENIUS Act. The bill mandates licensing, reserve requirements, and compliance with federal standards to enhance consumer protection and attract digital asset firms.

A group of Ethereum developers has launched a resource hub focused on protecting the blockchain from future quantum computing threats and securing the billions of dollars worth of value the network secures. The “Post-Quantum Ethereum” website, launched on Tuesday by members of the Ethereum

# Author: Xiao Yanyan, Golden Ten Data According to Bloomberg, US President Trump hinted that Iran sent a "gift" as a gesture of goodwill in negotiations that he claimed aim to end a 25-day conflict that has disrupted global markets, even as he is simultaneously deploying more troops to the Middle East. Trump did not specify what the "extraordinarily valuable" gift is, but confirmed it is related to energy transportation through the Strait of Hormuz. According to Iran's Tasnim News Agency, a Thai vessel passed through this critical waterway earlier this Tuesday. "We are in negotiations," Trump told reporters at the White House, stating that envoy Steve Witkoff and Jared Kushner, as well as Secretary of State Rubio and Vice President Vance are all involved. However, Trump's optimistic outlook contrasts with the Pentagon's further deployment of troops to the region...

Swift will launch blockchain-based cross-border payment functionality with over 25 banks, integrating Ripple's XRP as a liquidity bridge asset. Despite regulatory barriers being removed, XRP's price continues to hover around $1.40, with institutional funds comprising only 16% of ETF holdings. Technical analysis shows this price level will impact future market trends, with the market remaining divided on XRP's valuation.

Cointelegraph reports that on March 24, according to official sources, Tether, the largest company in the digital asset industry, announced today that it has officially partnered with one of the Big Four accounting firms to complete its first comprehensive independent financial audit. This audit is expected to become one of the largest first-time audits in the history of financial markets. The audit covers a highly complex portfolio of assets including digital assets, traditional reserves, and tokenized liabilities.

Ethereum staking protocol Lido reported total revenue of $40.5 million for 2025, a 23% decline from $52.4 million in 2024, attributing the drop to user withdrawals (net staking outflows) and lower staking yields driven by network-wide APR compression.

Crypto Finance reports that on March 25, ARK Invest purchased Circle Internet Group (NASDAQ: CRCL) shares yesterday, totaling 161,513 shares with a total value of approximately $20.45 million. The stock closed down 20.11% yesterday.

Jinse Finance reports that a poll on March 25 showed Trump's approval rating fell to 36%, marking its lowest level since his return to the White House. The main reasons are rising oil prices and dissatisfaction with war against Iran, with only 25% approval on handling cost of living issues. Despite relatively solid support within the Republican Party, dissatisfaction with cost of living handling is rising.

Golden Finance reported that on March 25th, according to Onchain Lens monitoring, in the past 3 hours, two newly created wallets withdrew 67,111 ETH from Kraken, valued at $144.73 million, possibly related to Bitmine.