Key TakeawaysCrypto-related stocks trade lower pre-market, led by Circle (CRCL) down 2.3%.MicroStrategy (MSTR) falls 1.66%, while Coinbase (COIN) drops 1.88%.Bitcoin miners and related equities also decline, reflecting weaker risk sentiment.Broader move signals cautious positioning ahead of market open.Crypto-related stocks in the U.S. are trading broadly lower in pre-market hours, tracking cautious sentiment across digital asset markets.Circle (CRCL) declined 2.3%, leading losses among crypto-linked equities. Other notable movers include ALTS (-1.48%), UPXI (-3.36%), BMNR (-2.45%), and SBET (-2.34%).Major crypto proxies also edged lower. Shares of MicroStrategy fell 1.66%, while Coinbase dropped 1.88%. Bitcoin mining stocks also weakened, with MARA down 2.17%.The declines come amid subdued momentum in Bitcoin and broader risk assets, as macro uncertainty and geopolitical developments continue to weigh on sentiment.Data cited from msx.com, a decentralized real-world asset (RWA) trading platform offering tokenized exposure to U.S. equities and ETFs, indicates the pullback is widespread across crypto-linked names.The pre-market weakness suggests investors remain cautious ahead of the U.S. trading session, with crypto equities continuing to act as a high-beta proxy for Bitcoin price movements and overall market risk appetite. 

Traders are currently evaluating the implications of U.S. President Donald Trump's decision in April to reverse tariffs, as they consider whether to sell. Bloomberg posted on X, highlighting the ongoing deliberations among market participants. The tariff reversal has introduced uncertainty into the market, prompting traders to reassess their strategies in light of potential economic shifts. This decision by the Trump administration is seen as a significant factor influencing trading activities and market dynamics.

The Deputy Governor of the Bank of England, Briden, has stated that the UK government bond market has been operating normally, with no signs of forced selling. According to Jin10, Briden emphasized the stability of the market, dismissing concerns about any abnormal activities or pressures that might lead to forced sales. The statement comes amid ongoing scrutiny of global financial markets, where volatility and economic uncertainties have raised questions about the resilience of various sectors. Briden's remarks aim to reassure investors and stakeholders about the health of the UK's bond market, highlighting its ability to function smoothly despite external challenges.

Key TakeawaysWhite House review cleared a Labor Department rule that could allow crypto in $10T 401(k) retirement market.The proposal would amend fiduciary guidance under ERISA to include Bitcoin and alternative assets.Rule classified as “economically significant,” signaling major potential market impact.Move follows Trump executive order pushing broader access to digital assets in retirement plans.The White House has cleared a key regulatory review of a proposed rule that could open the $10 trillion U.S. 401(k) market to Bitcoin and other digital assets, marking a significant step toward mainstream crypto adoption in retirement portfolios.The Office of Information and Regulatory Affairs (OIRA), part of the Executive Office of Donald Trump, completed its review on March 24, allowing the Department of Labor to proceed with formally publishing the proposal.If finalized, the rule would amend fiduciary guidance for retirement plans governed by the Employee Retirement Income Security Act (ERISA), potentially permitting plan sponsors to include cryptocurrency and private equity as investment options within participant-directed 401(k) plans.The proposal follows a prior executive order from Trump directing federal agencies, including the Securities and Exchange Commission and Treasury Department, to explore expanding access to alternative assets—such as crypto—within retirement accounts.OIRA classified the rule as “economically significant,” indicating it could have a material impact on the U.S. economy, typically defined as exceeding $200 million annually.The development comes as retirement savings continue to grow. Data from Fidelity Investments shows the average 401(k) balance reached $144,400 in Q3 2025, up 9% year-over-year, while IRA balances rose to $137,902.If implemented, the rule could significantly expand institutional demand for Bitcoin by enabling retirement funds to allocate capital into crypto markets, potentially reshaping long-term inflows and market structure. 

A proposed rule from the U.S. Department of Labor concerning 401(k) investment options has successfully passed White House regulatory review and is anticipated to be unveiled in the coming weeks. According to NS3.AI, the proposal may amend ERISA fiduciary duty guidance, potentially allowing plan sponsors to incorporate crypto assets and private equity into retirement accounts. The rule is deemed economically significant and is still pending further progress.

Bitget Wallet 宣布推出智能版行情，整合 AI 分析、社交 K 线、地址分析与社媒热度四大核心功能，旨在通过 AI 为移动端用户提供零门槛、多维聚合、秒级解读的一站式交易决策参考。其中，AI 分析可基于链上链下数据为用户生成看涨、看跌或中立的市场情绪判断；社交 K 线可与普通 K 线一键切换，量化展示 KOL、聪明钱及关注地址的交易动态，辅助判断交易时机，现已支持 BNB Chain、Solana、Base、Ethereum、Polygon 等网络；地址分析采用 A/B/C/D 分层机制，深度分析超百万链上地址历史交易记录并进行质量评级，剖析币种真实交易数据；社媒热度综合点赞、转发、引用与浏览数据生成热度评分，同步展示 KOL 喊单周期、喊单次数与具体推文等，无需逐条刷推即可获取市场叙事动态。Bitget Wallet 表示，后续将持续深化 AI 能力建设，探索更多 AI 驱动的链上交易工具，进一步降低用户决策成本。

UK Prime Minister Keir Starmer stated that Russian President Vladimir Putin is pleased with the ongoing Middle East conflict, as he believes the rising oil prices will benefit him financially. According to Jin10, Starmer emphasized his commitment to defending British interests both domestically and internationally. He highlighted the recent actions taken against Russia's 'shadow fleet' as part of this commitment.

Key TakeawaysBitcoin trades near $70,000, showing resilience despite geopolitical and macro uncertainty.QCP Capital notes exchange outflows and rising BTC dominance signal defensive positioning.Options markets remain cautious, with declining volatility and continued demand for downside protection.Analysts expect range-bound, event-driven trading unless macro or geopolitical conditions shift.Bitcoin is holding near the $70,000 level as macroeconomic and geopolitical developments continue to shape market sentiment, according to a new report from QCP Capital.The firm said Bitcoin’s recent price action reflects a period of consolidation rather than sustained selling pressure, despite ongoing tensions in the Middle East and elevated oil prices. While crude has retreated from recent highs, it continues to carry a geopolitical premium, contributing to cautious risk sentiment across global markets.Against this backdrop, Bitcoin has shown relative resilience. Data indicates net outflows from exchanges, suggesting that investors are withdrawing assets rather than positioning for near-term selling. Bitcoin’s market dominance has also edged higher, pointing to a more defensive allocation within the crypto market.QCP noted that broader markets have already priced in inflationary shocks linked to rising oil prices and interest rate expectations. However, uncertainty remains over whether prolonged geopolitical stress could translate into deeper economic impacts.In derivatives markets, positioning remains cautious. Implied volatility has declined across short-term timeframes, while futures maintain a moderate premium. Demand for downside protection persists, though not at extreme levels, indicating a defensive but orderly market structure.Trading behavior further reflects this stance, with participants accumulating during dips while avoiding aggressive buying on rallies.QCP expects Bitcoin to remain range-bound and driven by macro events in the near term, with a clearer trend likely dependent on either easing geopolitical tensions or further shifts in macroeconomic conditions.

Cathay Pacific has announced a 34% increase in fuel surcharges across all ticket types. Bloomberg posted on X, highlighting that this marks the second time in two weeks that the airline has raised these charges. The decision comes amid rising fuel costs, impacting the airline's operational expenses. This adjustment is expected to affect ticket prices for passengers traveling with Cathay Pacific.

Pakistan's Foreign Minister has announced that indirect talks between the United States and Iran are being conducted through Pakistan's mediation. According to ChainCatcher, the discussions are part of ongoing diplomatic efforts to address tensions between the two nations. The Foreign Minister emphasized Pakistan's role in facilitating communication, aiming to contribute to regional stability and peace.

美国一家法院驳回了迈克尔·卢埃伦（Michael Lewellen）提起的诉讼，该诉讼旨在为其非托管加密货币软件“Pharos”寻求法律保护，使其免受资金传输法规的约束。法官表示，卢埃伦未能证明存在被起诉的实质性威胁，因此该案未来仍可重新提起。

你用的 AI，和别人用的 AI，还是同一个东西吗？

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Coinbase正加大力度反对美国参议院一项加密货币法案中关于限制稳定币收益的提案，这使得加密货币行业与传统银行业游说团体之间这场高风险的对峙进一步升级。

AI、能源、人口，是未来二三十年重塑世界格局最大的三股力量。

Startale集团在A轮融资中筹集了6300万美元，其中5000万美元来自SBI集团，1300万美元来自索尼创新基金。这笔资金将用于扩展Strium在代币化证券领域的应用，拓展日元和美元稳定币业务，并将Startale的应用程序打造为面向消费者的超级应用。

Strategy 扮演着‘比特币最后的避险银行’的角色。

SEC 与 CFTC 联合发布了具有里程碑意义的监管指引，这份姗姗来迟的联合释义详细说明了联邦证券法在何种情况下、以何种方式适用于加密资产。

陪审团裁定Meta和谷歌因应用程序设计对一名青少年造成伤害而需承担责任，并判处300万美元赔偿金。本案的焦点在于平台设计，而非内容。

Bittensor,人工智能,AI 定价走出「密室」？Bittensor 给出答案 金色财经,比私募融资更能有效地为人工智能定价。