Gate Cryptocurrency News and Market Analysis

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.

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.

According to CNN, on March 24, Iranian sources revealed that the United States and Iran have made contact, with Iran willing to listen to proposals for ending the conflict. The two sides have not reached comprehensive negotiations and are currently reviewing specific agreements that include ceasefire and conflict resolution terms. Iran has demanded that any proposal must include the lifting of sanctions against it.

The crypto industry reviewed for the first time a revised version of the Senate's Digital Asset Market Clarity Act during a closed-door meeting on Capitol Hill in Washington, arguing that the stablecoin yield provisions are too narrow. The new language prohibits earning yield from holding stablecoins and restricts rewards similar to bank deposits. The bill faces obstacles in its advancement, with various parties needing to reach consensus on DeFi regulation and prohibitions on officials profiting from the crypto industry.

Crypto Finance News reports that according to Al Jazeera: Iran's Islamic Revolutionary Guard Corps Navy stated that it has forcibly expelled the container ship "Celine" due to the vessel not holding a permit to transit through the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps Navy stated that any vessels transiting through the Strait of Hormuz must fully coordinate with Iran's maritime sovereignty authorities. (Golden Ten)

JPMorgan Chase Chief Executive Officer Jamie Dimon stated that despite short-term risks posed by the Iran war, it could ultimately promote lasting peace in the Middle East. He noted that regional powers' interests are converging, and countries like Saudi Arabia and the UAE are eager for peace, a stark contrast to their stance two decades ago.

The crypto industry reviewed for the first time a revised version of the Senate's Digital Asset Market Clarity Act during a closed-door meeting on Capitol Hill in Washington, arguing that the stablecoin yield provisions are too narrow. The new language prohibits earning yield from holding stablecoins and restricts rewards similar to bank deposits. The bill faces obstacles in its advancement, with various parties needing to reach consensus on DeFi regulation and prohibitions on officials profiting from the crypto industry.

In brief NASA is shifting its Artemis strategy toward building a permanent base on the Moon. Administrator Jared Isaacman says the lunar surface will serve as a testing ground for Mars missions. The agency expects to invest about $20 billion over seven years to build the base through