The U.S. spot Ethereum ETF has seen a net outflow of $48.5 million, marking the eighth consecutive trading day of net outflows. According to ChainCatcher, this trend highlights ongoing investor sentiment and market dynamics surrounding Ethereum ETFs in the United States.

The U.S. House of Representatives has passed a temporary funding bill aimed at ending the government shutdown, sending it to the Senate for consideration. According to Odaily, the probability of the Department of Homeland Security (DHS) shutdown lasting more than 48 days has risen to 92%, a 31% increase in 24 hours. The likelihood of the shutdown extending beyond 52 days is now at 54%, up 12%, and the chance of it continuing for over 60 days has climbed to 75%, a 37% increase in the same period. The event contract's trading volume has exceeded $1.1 million. The bill provides funding for each DHS agency at current levels until May 22, marking the latest attempt to end the partial government shutdown that began on February 14. It passed the House with a vote of 213-203, with three Democrats joining Republicans in support. However, the bill is not expected to pass in the Senate, potentially prolonging the partial government shutdown. Before passing the House version, the Senate's version of the funding agreement was rejected. House Speaker Johnson stated that Republicans would not support any measures to reopen the border or halt immigration enforcement.

Thailand and Iran have reached an agreement allowing ships to pass through the Hormuz Strait. According to Odaily, the deal was finalized on March 28, facilitating maritime navigation in the strategic waterway.

On March 28, Thailand and Iran reached an agreement allowing ships to pass through the Strait of Hormuz. (Jinshi)

According to Odaily Seer, the U.S. House of Representatives has passed a temporary Homeland Security funding bill aimed at ending the government shutdown and has sent it to the Senate. Polymarket's probability of a Department of Homeland Security shutdown lasting more than 48 days has risen to 92%, a 31% increase in 24 hours; the probability of a shutdown lasting more than 52 days has risen to 54%, a 12% increase in 24 hours; and the probability of a shutdown lasting more than 60 days has risen to 75%, a 37% increase in 24 hours. As of now, the contract trading volume for this event has exceeded $1.1 million. The bill reportedly provides each agency under the Department of Homeland Security with funding at current levels until May 22, representing the latest attempt to end the partial government shutdown that began on February 14. The bill passed the House with 213 votes in favor and 203 against, with three Democratic members voting in favor and the rest being Republicans. However, the bill is not expected to pass the Senate, potentially prolonging the partial government shutdown deadlock. They rejected the Senate version of the appropriations agreement before passing the House version. House Speaker Johnson stated that Republicans would not participate in any measures to reopen borders or halt immigration enforcement. Odaily Seer continues to monitor prediction markets, seeing changes before pricing.

South Korean President Lee Jae-myung has nominated Shin Hyun Song, head of the Monetary and Economic Department at the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. According to ChainCatcher, Shin is known for his pragmatic and hawkish stance. He has expressed skepticism towards the government's push for a stablecoin pegged to the Korean won. Shin argues that in countries with volatile exchange rates and susceptibility to capital outflows, stablecoins can easily become tools for capital flight. He believes that stablecoins linked to domestic currency might accelerate this trend.

On March 28, trader Eugene Ng Ah Sio announced on his personal channel that he has exited all positions, stating, "I tried, but it didn't pay off. 2026 has proven to be more challenging than 2025, indicating a need to reduce trading frequency. It seems more patience is required." According to BlockBeats, on March 16, Eugene Ng Ah Sio had previously shared that he had shifted to a bullish stance. Despite the overall weakening of global risk assets, the crypto market showed resilience, marking the first relative strength since Bitcoin's crash from $60,000. Ng noted that although he did not buy at the lowest point, he preferred to follow strong buying after breaking out of consolidation to better manage risk. He observed that several altcoins exhibited natural rounded bottom patterns, suggesting a higher probability of short-term gains in the crypto market. Ng speculated that if Bitcoin effectively breaks through $74,000, the entire crypto market could see a significant rally, with major coins like ETH and SOL potentially returning to their previous trading ranges of $2,400 and $100, respectively.

Trader Eugene has announced that he has exited all his positions due to stop-loss triggers. According to Odaily, Eugene noted that the recent trades did not yield the expected returns and highlighted that the market environment in 2026 is more challenging compared to 2025. Moving forward, Eugene plans to reduce trading frequency and exercise greater patience.

Ripple CEO Brad Garlinghouse has highlighted stablecoins as a pivotal development for businesses seeking faster and more efficient payment solutions. According to Cointelegraph, Garlinghouse emphasized that many companies are actively exploring strategies to integrate stablecoins into their operations. He noted that corporate leaders, including boards of directors and CEOs from Fortune 500 and Fortune 2000 companies, are inquiring about stablecoin adoption with their financial officers. Garlinghouse described this interest as a significant opportunity for treasurers and CFOs, likening it to a 'ChatGPT moment' for the crypto sector, as it could serve as a gateway for businesses to access a wider array of blockchain-based services. Bloomberg Intelligence has projected that stablecoin flows could grow at a compounded annual rate of 80%, potentially reaching $56.6 trillion by 2030. This growth would position stablecoins as a crucial payment tool in global finance. Garlinghouse pointed out that stablecoins processed over $33 trillion in trading volume last year, with the majority coming from Tether’s USDt and Circle’s USDC. Ripple has also entered the stablecoin market with the launch of Ripple USD (RLUSD) in December 2024, which has become the 10th largest stablecoin by market cap, valued at $1.4 billion according to CoinGecko data. Ripple has bolstered its blockchain payments infrastructure through strategic acquisitions, including the purchase of institutional-based prime brokerage Hidden Road for $1.25 billion and corporate treasury platform GTreasury for $1 billion. Garlinghouse expressed optimism about Ripple's performance, indicating that the company is poised for a 'record quarter' and has been experiencing significant growth since these acquisitions. Garlinghouse also discussed the potential impact of the CLARITY Act on the crypto industry. He believes that stablecoin payments and broader blockchain adoption could be accelerated if the legislation passes Congress and is enacted into law. He stressed the importance of clear U.S. regulation to prevent policy from being used for political purposes, referencing concerns about regulatory approaches that may not align with the best interests of the United States.

Trader Eugene posted that all his positions have been closed at a loss. The trade failed to achieve the expected return, and he noted that the market environment in 2026 will be more challenging than in 2025. He will consider reducing his trading frequency and exercising more patience going forward.

Market trends, crypto market, investment, crypto crash, US-China AI war... Jinse Finance: What have the crypto KOLs been talking about in the past 24 hours?

In 2026, Naval's statement "Software was eaten by AI" went viral, garnering over 100 million views and definitively announcing the end of the software era and the arrival of the AI ​​era.

The war with Iran has become the strongest geopolitical shock to the global energy market since the Gulf War in 1990.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Hyperliquid capitalized on this geopolitical market trend with its commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to becoming a true alternative to traditional financial infrastructure, and this trend is only just beginning.

The release of the guidelines has ushered in a new phase for US crypto regulation.

When the United States decided to replace the 50 states with Washington, AI entrepreneurs gained a wider door—but no one told them who held the key to that door.

SpaceX is reshaping Wall Street's traditional underwriting logic with an unprecedented IPO plan.

When the U.S. District Court for the Southern District of New York dismissed Binance's "aiding and abetting terrorism" lawsuit on the grounds of "failure to prove a direct link," the significance of this case went far beyond a mere judgment.

Claude, Claude's Comprehensive User Guide (Golden Finance): Claude's capabilities have long since extended beyond just chatting.