UBS Warning: Gold Bull Market May Be Coming to an End

On March 31st, decentralized derivatives trading platform EdgeX has rolled out its EDGE airdrop query page, with token trading set to go live at 8:30 PM ET today, per the official website.

On March 31, FTX founder Sam Bankman-Fried (SBF) said in a social media post that the Chief Justice of Delaware has recused himself from three cases over alleged bias—specifically, the justice is accused of liking a LinkedIn post about the defendant in those cases losing another proceeding. Meanwhile, Judge Kaplan of the U.S. District Court for the Southern District of New York continues to preside over SBF’s case. Reports indicate the judge has not hidden his contempt for SBF from the jury; many reporters are unaware if this practice is permitted. He has provided the jury with pizza multiple times and offered rides home on the condition they reach a unanimous verdict within five hours. Before the verdict, he also joked: “God knows there’s enough evidence of fraud.” SBF argued Judge Kaplan should recuse himself from his case, just as he should have recused himself from former President Trump’s case.

March 31st — Per Hyperinsight monitoring, U.S. major stock index futures rebounded nearly 1% on news that former President Trump is considering withdrawing troops without resolving the Strait of Hormuz blockade. S&P 500 contracts on the Hyperliquid platform briefly rose above $6,410 and were last trading at $6,398. During the modest market recovery, veteran crypto trader Ray (X handle: 0xRay518) opened a 20x leveraged short on the S&P 500 after it surged above $6,400, then added to the position at $6,410. His position now totals $9.35 million, with an average entry price of $6,405, $10,000 in floating profit (2.1%), and a liquidation price of $6,660. Ray currently holds the largest S&P 500 short position on Hyperliquid.

Despite the weak market, Tron's TVL has grown 11.32% over the past month, and it leads all chains with 2.62M active addresses (24h) and $1.06M in 24h chain fees.

Binance Leveraged Tokens (BLVT) will add cross-margin trading pairs for APT/U, ENA/U, FET/U, NIGHT/U, TRUMP/U, WLD/U, and TRUMP/USD1 on March 31, 2026, at 23:00 UTC+8, per an official announcement.

On March 31, F2Pool co-founder Wang Chun took to social media to share: "Back in 2015, I used 2,900 bitcoins to buy an apartment in Naklua—northern Pattaya, Thailand. It was my first home ever. I only lived there for about two years before relocating to Bangkok, then Seoul, and later Europe. This was also the spot where I personally built and launched our Zcash mining pool. Just yesterday, I sold that apartment for 7 bitcoins. Life goes on, and I’ll miss Pattaya."