Indiana State Senate Committee advances bill allowing state pension funds to invest in cryptocurrencies

Coin Center Warns US Crypto Crackdown Possible Without Clear Rules

Peter Van Valkenburgh warns that without passing the CLARITY Act, future U.S. administrations may impose strict regulations on crypto. He emphasizes the need for statutory protections to prevent reliance on political climates, as current agreements stall in Congress.

Iran’s First Vice President: Negotiations over the Strait of Hormuz must be based on a commitment to non-invasion

Gate News message. On March 30, according to The Wall Street Journal, Iran’s first vice president, Mohammad Reza Arif, said that if Iran’s “aggressors” want to negotiate over the Strait of Hormuz (one of the world’s most important oil shipping routes), they must commit not to invade Iran and to recognize Iran’s international rights.

The U.S. dollar strengthened on concerns about the Middle East conflict, and analysts said it will be difficult to give back its gains in the short term

Gate News message, on March 30, the dollar strengthened again as the market worried about an escalation in the Middle East conflict. Although warnings from Japanese officials about intervening in the yen briefly strengthened the yen, the dollar’s decline was limited and short-lived. Chris Turner, an analyst at ING, said: "Unless Iran sends clear de-escalation signals, it will be difficult to see the dollar give back this month’s gains in the near term."

The Clarity Act hangs in the balance: the SEC may hold crypto accountable, and Ripple and developers face immense pressure

The prospects of the "Clarity Act" are unclear, which may lead the SEC to reconsider cryptocurrencies as securities, increasing legal risks. Industry insiders warn that short-termism and conflicting interests may delay the passage of the bill, impacting the legal status of mainstream assets. Cryptocurrency lobbying groups are prepared to address regulatory risks, calling for unity to ensure the long-term safety of the industry.

Ripple CEO: The negotiations for the Clarity Act are tough, but an agreement on stablecoins and the cryptocurrency industry is about to be reached.

Ripple CEO Brad Garlinghouse stated that negotiations for the Clarity Act are progressing smoothly and an agreement is expected to be reached soon. He emphasized that the U.S. should pass the bill as soon as possible to solidify its status as a cryptocurrency hub and noted that the use of stablecoins will facilitate the integration of traditional finance with the crypto industry.

Every mined coin loses $20,000! Bitcoin miners are fleeing, and "mining difficulty" has dropped sharply by 7.8%.

The Bitcoin mining industry is facing major difficulties because the coin price has fallen to $68,000, while mining costs are as high as $88,000, causing miners to lose money and gradually exit the market. Soaring energy prices and heightened geopolitical risks are affecting hash rate and profitability. Mining companies are pivoting to move into the AI sector in hopes of securing stable cash flow.