Ethereum Drops Below $2,000

On March 31st, based on Coinglass data, if Bitcoin drops below $80,000, the total intensity of long liquidation on major CEXs will reach 529 million. On the other hand, if Bitcoin goes above $84,000, the total intensity of short liquidation on major CEXs will reach 939 million. BlockBeats Note: The liquidation chart does not precisely show the exact number of contracts awaiting liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring ones, that is, intensity. Therefore, the liquidation chart shows how much the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that point, a more intense reaction will occur due to a liquidity cascade.

On March 31st, according to Cointelegraph data, since 2020, 47 countries have loosened or simplified cryptocurrency regulations. During the same period, 4 countries have tightened restrictions or completely banned cryptocurrency and mining.

On March 31st, based on Token Unlocks data, tokens such as SUI, ENA, and DYDX will experience significant unlocks this week (all in Beijing time). These include: OP unlocked approximately 31.34 million tokens at 8:00 AM on March 31st, accounting for about 1.93% of the current circulating supply, with a value of around $23.8 million. SUI will unlock approximately 64.19 million tokens at 8:00 AM on April 1st, accounting for about 2.03% of the current circulating supply, worth around $152 million. DYDX will unlock approximately 8.33 million tokens at 8:00 AM on April 1st, accounting for about 1.09% of the current circulating supply, with a value of around $5.4 million. ZETA will unlock approximately 44.26 million tokens at 8:00 AM on April 1st, accounting for about 6.05% of the current circulating supply, worth around $13.2 million. ENA will unlock approximately 40.63 million tokens at 3:00 PM on April 2nd, accounting for about 0.77% of the current circulating supply, with a value of

March 31st: Given the potential influence of "Trump to Announce Tariffs on Wednesday," the Nikkei 225 Index witnessed a continuous decline during early trading today. The extent of the decline expanded to 4%. The South Korean KOSPI Index also saw its decline widen to 2.3%, reaching its lowest level since February 10th. (Kryptonian)

March 31st. As per Bitcoin.com, the California Assembly has officially put forward AB-1052, which is the "Bitcoin Bill of Rights" bill. This bill, proposed by the Chair of the California Banking and Finance Committee, Assemblymember Juan Carrillo Valencia, is intended to offer legal safeguards to digital asset users. It clarifies the self-custody rights of Bitcoin and other digital assets and prohibits public agencies from imposing taxes or restrictions when these assets are used for payment. Furthermore, the bill sets up a legal framework for handling "unclaimed digital assets" to ensure that such assets are properly held by licensed custodians, thereby avoiding uncertainties in estate administration. The bill suggests amending the "Political Reform Act of 1974" to prohibit public officials from issuing, sponsoring, or promoting any digital asset, security, or commodity. This is to prevent political influences from impeding the development of emerging financial technologies. The Sato

On March 31st, as per the monitoring of OnchainLens, a whale is currently conducting a short-selling spot hedge on HYPE. During the past 14 days, this whale has deposited 112.3 million USDC into HyperLiquid and used 3x leverage to short HYPE, realizing a profit of 2.4 million dollars. Additionally, they purchased 387,417 HYPE at an average price of 13.12 dollars, spending 50.8 million dollars, and incurring an unrealized loss of 270,000 dollars.