Gate.ioNewsBot

According to Gate.io News bot, a large-scale Bitcoin options trade has been completed today, as reported by Greeklive. The trade involves put options on BTC expiring on April 25, 2025, with a strike price of $60,000 and a trading volume exceeding 1000 BTC, with a notional value close to $100 million.
This option is a deeply out-of-the-money contract, with a premium payment amounting to over a hundred thousand dollars. After the quarterly settlement, institutional trading activities are mainly focused on establishing and adjusting positions. Data shows that this month the scale of put options has expanded, and the number of deeply out-of-the-money protective positions has increased.
Source: Wu Says

gate News bot message, following the big dump of tokens such as ACT and TST last night, multiple tokens including MASK and LEVER experienced a short-term massive fall again from 0 to 4 AM today. Data shows that the LEVER/USDT trading pair fell over 28% in a short time, with a total fall of 36% over 24 hours; the MASK/USDT trading pair fell over 29% in a short time, with a total fall of 33% over 24 hours.
Meanwhile, the fall of ACT and DF has further intensified. The price of ACT has dropped to 0.067 USD, with a 24-hour fall of 64%; the price of DF has fallen to 0.05 USD, with a 24-hour fall of 36%.
Source: wublock123

Gate.io News bot message, an early Ethereum investor sold their remaining 2001 ETH, worth 3.82 million dollars, 6 hours ago.
The investor purchased 5001 ETH at a price of $277 in 2017, with a total investment cost of $1.38 million. During the last bull market, even when the price of ETH reached a historic high of $4878, the investor still chose to hold.
According to the data, the investor has gradually sold ETH since a month ago, with a total profit of 8.66 million dollars.

Gate.io News bot news, Scroll co-founder Ye Zhang expressed his views on the X platform, opposing the proposal to tax L2. In his post, he stated that taxing L2 is one of the most toxic ideas for the future of Ethereum, and this practice does not align with the principles of a neutral platform.
Ye Zhang pointed out that the core value of ETH lies in its role as the core asset of thousands of rollup ecosystems, rather than relying on protocol fees. Currently, ETH has become the dominant asset of L2s such as Base, Arbitrum, Optimism, zkSync, and Scroll, and this model has stronger scalability compared to Solana's vertical integration.
He further elaborated that the addition of more rollups will enhance ETH's status as a Store of Value (SoV). If L2 taxation is implemented, L2 may turn to other alternative DA (such as Celestia). He suggested that Ethereum should focus on technological upgrades, such as expanding blob capacity by 1000 times, increasing DA's attractiveness, and supporting more ecological participants.
Source: Wu Says

Gate.io News bot message, BitcoinNews reports that the Bitcoin Policy Institute (BPI) has proposed a "Bitcoin Bond" plan to the U.S. government. The plan suggests the issuance of a new type of national debt instrument totaling no less than $20 trillion to address the $36 trillion national debt pressure.
According to the plan design, 90% of the bond income will be used for government operations, and the remaining 10% will be invested in Bitcoin. Based on a price of $90,000 per coin, it is expected that approximately 2.2 million BTC will be purchased to align with the "Strategic Bitcoin Reserve" policy implemented on March 6.
BPI pointed out that the plan does not require additional budget and is expected to save 354.4 billion dollars over ten years. Based on the historical median growth rate of Bitcoin, bond yields are expected to significantly decrease or even eliminate future national debt burdens.

Gate.io News bot message, according to SoSoValue data statistics, on April 1st (Eastern Time), the Bitcoin Spot ETF market saw a total net outflow of 158 million USD. Among them, Bitwise ETF BITB recorded a net inflow of 24.5254 million USD, the highest net inflow amount of the day. The ETF ARKB jointly launched by Ark Invest and 21Shares had a net outflow of 87.3727 million USD, ranking as the largest net outflow of the day.
According to the data, the total net asset value of the Ethereum Spot ETF has reached 6.543 billion USD, with the ETF net asset ratio accounting for 2.83% of Ethereum's total market capitalization, and the historical cumulative net inflow amounting to 2.412 billion USD.
Source: Wu Shuo

Gate.io News bot message, on March 31, the six major digital economy trade associations in the UK sent a joint letter to the special advisor of UK Prime Minister Keir Starmer, proposing to include encryption and blockchain technology in "strategic priorities".
The joint letter proposed three specific suggestions: appoint an encryption envoy based on the American model, formulate a special action plan, and establish a high-level forum for industry-government-regulation. Data shows that the UK is expected to contribute £57 billion (approximately $73.6 billion) to the economy over the next decade by developing the encryption and Blockchain industry.
These associations also pointed out that the UK's Financial Conduct Authority (FCA) needs to accelerate its regulatory pace to respond to developments in this area in regions such as Dubai and Singapore.

Gate.io News bot message, according to Neutrl data statistics, the current weighted average APR of stablecoin TVL in the DeFi field is 5.8%, at a historical low level. Among the mainstream DeFi protocols counted by Neutrl, the stablecoin yield of Level USD Pendle IY is 12.4%, ranking first; Aave V3 USDC deposit interest rate is 3.4%, the lowest level.
Source: @karl_0x

According to the Gate.io News bot, the Securities Times reported that Li Chunlin, Deputy Director of the National Development and Reform Commission, introduced the technical support plan for credit information sharing at a press conference held by the State Council Information Office. The National Development and Reform Commission has now adopted new technologies such as privacy computing for the sharing and application of credit information to drop the risk of information leakage.
Li Chunlin stated that the National Development and Reform Commission plans to explore the application of blockchain technology, promote the "on-chain" of key data, and achieve data encryption processing and process flexibility.
Source: Wu Says, Securities Times

According to the Gate.io News bot and a report by Cointelegraph, Google's Threat Intelligence Group (GTIG) latest report shows that North Korean technicians are targeting blockchain projects in the UK and Europe. These individuals are participating in the development of projects such as Solana, Anchor smart contracts, and AI blockchain applications by using fake identities.
The report points out that since October 2023, due to the United States strengthening regulatory measures, these North Korean personnel have changed their strategies and are using data leakage threats against large enterprises to obtain funds.

gate News bot message, according to Decrypt reports, the latest report released by JPMorgan shows that March 2024 will be the worst month for Bitcoin mining performance. The total market capitalization of 14 US-listed mining companies, including MARA and Core Scientific, fell by 25%, totaling a decrease of about $6 billion. This follows another significant decline after a market capitalization drop of over 20% in February.
The report shows that the price of Bitcoin fell from $109,000 on January 20 when Trump took office to $85,000, a decline of 22%. During the same period, the increase in mining difficulty led to a decrease in profits for mining companies. Some mining companies have begun to transition to AI data center operations, but in the past two months, these transitioning companies have performed worse than those focused on mining.

According to Gate.io News bot, Kain, the founder of Synthetix, stated on Twitter the current status of the Ethereum ecosystem. Due to L2 scaling diverting L1 transaction activity and the Blob (EIP-4844) dropping the cost of data availability, the Gas fees and ETH burn rate on the Ethereum Mainnet have seen a significant decrease.
The rise of L2 has captured profits that originally belonged to L1, with some projects turning to alternative data availability solutions like Celestia, which impacts the fees on the Mainnet. Kain proposed two solutions: in the short term, by launching an official L2 or a rental mechanism to encourage L2 to give back to L1; in the long term, relying on new demands such as tokenizing real assets to increase L1/L2 usage.
The Ethereum Foundation also discussed topics such as "non-commercial official neutral L2", "L2 vampirism", "Blob fees too low", and "Alt DA" in a previous AMA. The foundation believes that we are currently in a transitional period and tends to adopt technical upgrades and long-term growth strategies to address these issues.

According to the Gate.io News bot, CoinDesk reported that the Trump administration is set to announce a "reciprocal tariff" policy against 15 countries including China, Canada, and Mexico on April 2, the "Liberation Day."
Grayscale research director Zach Pandl pointed out that tariffs have led to a 2% decline in economic growth this year. He stated: "If institutions didn't have a high degree of confidence in the digital asset space and its policy environment, announcements like Circle's IPO wouldn't be happening."
Further analysis by Pandl suggests that tariff policies will reduce the dominance of the dollar, creating opportunities for alternative assets like Bitcoin. He believes that if the "Liberation Day" policy is implemented in a moderate, phased manner, the market will rebound, and crypto asset prices will return to being driven by fundamentals.

Gate.io News bot message, a large holder has re-entered the Chainlink market, purchasing 139,860 LINK Tokens at a price of $1.43 each, for a total investment of $2 million. Currently, the account holds 147,553 LINK Tokens.
According to records, the holder previously made a profit of $161,000 from LINK trading.
The investor's wallet address is: 0xc6f7fc2735ef7eb0db201dd103f2f2e6cbcfe187.

Gate.io News bot message, according to Cryptobriefing, the US asset management firm VanEck completed the registration of the BNB exchange-traded fund (ETF) in Delaware on March 31. The fund is named VanEck BNB ETF, and the registration document number is 10148820.
This BNB ETF is the fifth cryptocurrency asset ETF registered by VanEck in Delaware. Previously, VanEck had registered four cryptocurrency ETFs in the state: Bitcoin, Ethereum, Solana, and Avalanche.

According to Gate.io News bot, TheBlock reported that Eric Trump, the second son of Donald Trump, revealed in an interview with Fox Business that the Trump family began to venture into the encryption industry after their banking services were canceled.
Eric Trump said in an interview: "They maliciously targeted us, and it was then that I realized the importance of encryption." He pointed out that autonomy, de-banking, and resistance culture are the three main reasons for the family's entry into the encryption field.
Eric Trump simultaneously emphasized the advantages of encryption over traditional financial systems, stating that it is "cheaper, faster, and more transparent," and mentioned that encryption performs better in all the services that banks can offer.