BitMEX co-founder Arthur Hayes stated in a recent blog post: "The value of Bitcoin = technology + legal liquidity. This technology is effective and will not undergo any major changes in the near future, whether good or bad. Therefore, Bitcoin trading is entirely based on market expectations of future legal currency supply. If my analysis of the major shift from the Fed's QT to QE in government bonds is correct, then Bitcoin touched a local low of $76,500 last month, and now we are moving towards $250,000 by the end of the year. Of course, this is not an exact science, but if I had to bet between whether Bitcoin would first touch $76,500 or $110,000, I would bet on the latter. Even if the U.S. stock market continues to decline due to tariffs, collapsing profit expectations, or decreased foreign demand, I still believe that the probability of Bitcoin continuing to rise is greater. Recognizing the pros and cons, Maelstrom is deploying capital cautiously. We do not use leverage, and we make small purchases relative to the size of our total portfolio. We have been buying Bitcoin and altcoins at all levels between $90,000 and $76,500. The speed of capital deployment will accelerate or slow down based on the accuracy of my predictions. I still believe that by the end of the year, Bitcoin can reach $250,000."

 according to Cointelegraph, Vanuatu has regulated digital assets through legislation and has established a licensing system for crypto companies wishing to operate in the Pacific island nation, described by a government regulatory advisor as "very strict." The local parliament passed the Virtual Asset Service Providers Act on March 26, granting the Vanuatu Financial Services Commission (VFSC) the power to license crypto companies and to enforce the Financial Action Task Force (FATF) anti-money laundering, counter-terrorism financing, and travel rule standards. Under these laws, the VFSC has broad investigative and enforcement powers, with fines of up to 250 million Vatu (approximately 2 million USD) and a maximum of 30 years in prison.

just days after South Carolina withdrew its lawsuit against the cryptocurrency exchange Coinbase, Kentucky became the third state to withdraw such lawsuits after Vermont. The Kentucky financial regulatory agency submitted a joint dismissal filing on Monday, officially ending the legal action against Coinbase's custody services. The service was previously accused of violating state securities laws.

blockchain security company CertiK said that cryptocurrency vulnerability exploits and fraud losses dropped to $28.8 million in March, lower than the $1.5 billion surge in losses after Bybit was attacked in February. Stolen funds exceeded $33 million in March, but due to the successful recovery of some stolen funds by decentralized exchange aggregator 1inch, the total losses decreased. CertiK stated in a post on X platform on April 1 that losses caused by code vulnerabilities were the highest, exceeding $14 million; wallet intrusions resulted in over $8 million being stolen. The most serious loss event in March was the exploitation of a smart contract vulnerability in the decentralized lending protocol Abracadabra.money on March 25, resulting in a loss of approximately $13 million.

according to CryptoQuant data, the average unrealized profit rate of current spot Bitcoin ETF holders is 17%. This data reflects that ETF investors are overall profitable in the current market stage.

according to the official announcement of Binance, in order to better adapt to market demand, Binance C2C will adjust the T+1 withdrawal plan starting from April 1, 2025: Binance will add a T+0 withdrawal limit of 1000 US dollars equivalent assets to all users on the basis of the original T+1 withdrawal mechanism. If there are no assets in your Binance account, no matter how much you buy on that day, you can only withdraw up to 1000 US dollars equivalent assets on the day of purchase, and the remaining assets can only be withdrawn 24 hours after the order completion time.

reported by Cryptonews, the largest bitcoin mining hotspot in Russia, Irkutsk Oblast, may ban all cryptocurrency mining activities year-round starting from April 1. The ban will only apply to the southern region of Irkutsk Oblast in Siberia, but it may last until mid-2031.

study by Fidelity Digital Assets shows that the Bitcoin bull market is not over yet, as the "acceleration phase" has not reached its peak. A report from Fidelity Digital Assets questions whether the price of Bitcoin has already experienced a cyclical "peak", or whether Bitcoin is on the edge of another "acceleration phase".

Sam Altman, founder of OpenAI, stated in a post that they will release a "new open-source weight language model" with reasoning capabilities in the coming months, but first they hope to collect feedback on "how to maximize its utility". An open-source weight language model refers to a model that can be publicly used, downloaded, modified, or deployed. Although not as open as a fully open-source model, it is a significant shift compared to the fully closed GPT-3 and GPT-4. OpenAI partially open-sourced the GPT-2 model in February 2019, and completed full open-sourcing in November of the same year. On February 12 of this year, Sam Altman stated that the company plans to release GPT-4.5 and GPT-5 in the coming weeks or months.

according to the official announcement, Bithumb will list the REZ/Korean Won spot trading pair.