Nakamoto disclosed that it sold 284 BTC in March of this year to establish operating reserves in US dollars. According to Business Wire, Bitcoin treasury companyNakamoto disclosed that it sold 284 BTC in March of this year to establish operating reserves in US dollars. According to Business Wire, Bitcoin treasury company

Important news from last night and this morning (March 30-March 31)

2026/03/31 10:30
17 min read
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Nakamoto disclosed that it sold 284 BTC in March of this year to establish operating reserves in US dollars.

According to Business Wire, Bitcoin treasury company Nakamoto Inc. released its Q4 and full-year 2025 financial results, disclosing that it sold approximately 284 BTC in March 2026, realizing about $20 million (an average selling price of about $70,422). This proceeds will be used to establish dedicated US dollar operating reserves to cover short-term liquidity needs such as strategic integration activities and Kraken loan interest. The report shows that the company's weighted average cost per Bitcoin was $118,171, while the market price of Bitcoin as of December 31, 2025, was only $87,519. The company recorded a loss of $166.2 million for the year due to changes in the fair value of digital assets. As of the end of the year, the company held a total of 5,342 Bitcoins.

Important news from last night and this morning (March 30-March 31)

Russia approves cryptocurrency regulation bill: Non-accredited investors limited to 300,000 rubles per platform per year for purchases.

According to Bits.media, the Russian government has approved a package of cryptocurrency regulations, including an annual limit of 300,000 rubles (approximately $3,300) for non-accredited investors to purchase cryptocurrencies through a single broker. Purchases are limited to highly liquid digital assets listed by the central bank and require passing a test. Accredited investors, while still subject to testing, have no monetary limit. Transactions through regulated intermediaries are permitted, but transactions without intermediaries are prohibited. Russian citizens can purchase cryptocurrencies abroad, but must use overseas accounts for payments and report such transactions to the tax authorities. Administrative penalties primarily target violating exchange institutions, not individual investors. The bill will be submitted to the State Duma for review in the coming days.

US stock index futures rose on reports that Trump was willing to end the war while the Taiwan Strait remained closed.

According to Jinshi News, US media reports that Trump is willing to end the war if the Taiwan Strait remains closed. US stock futures rose by as much as 1% in the short term, with Nasdaq futures currently up 0.5%. WTI crude oil quickly erased its intraday gains and turned negative. Gold rose slightly, with gains expanding to 0.7%.

F2Pool co-founder Wang Chun: Yesterday, he sold a Thai apartment he bought in 2015 for 2900 BTC for 7 BTC.

According to Wang Chun, co-founder of F2Pool, he purchased the Naklua apartment in North Pattaya, Thailand, for 2,900 bitcoins in 2015, his first self-owned property. During his stay there, he obtained a US visa and a second passport from St. Kitts and Nevis, and began to reshape his life trajectory. It was here that he personally built and launched the Zcash mining pool. Yesterday, he sold the apartment for 7 bitcoins.

A new wallet received 450 BTC from FalconX, worth $30.27 million.

According to Onchain Lens monitoring, three hours ago, a newly created wallet received 450 BTC from FalconX, worth $30.27 million.

Cardano founders launch Midnight, a privacy blockchain employing ZK technology and a dual-token model.

According to The Block, Cardano founder Charles Hoskinson announced the launch of the privacy-preserving blockchain Midnight, whose genesis block was generated on Monday. Midnight uses zero-knowledge proof (ZK) technology, allowing users to selectively disclose or hide data while supporting compliance requirements. Its hybrid ledger can mix public and private data in a single transaction and supports shielded assets that hide balances and counterparty information. Midnight employs a dual-token model: the governance token NIGHT serves as a store of value for the ecosystem, and holders receive renewable Gas tokens DUST, which are generated proportionally to holdings and can be transferred to others to pay transaction fees. The network launched a one-year NIGHT airdrop to 37 million eligible wallets last December.

Jack Dorsey's Square automatically enables Bitcoin payments for millions of U.S. merchants.

According to CoinDesk, Jack Dorsey's Square has begun automatically enabling Bitcoin payments for millions of US merchants. Transactions are instantly converted to USD at checkout, and merchants can accept Bitcoin without any additional setup and without bearing the risks of price fluctuations or custody. This feature includes near-instant settlement and is free of processing fees until 2026. Square stated that this is an important step in integrating Bitcoin into everyday commerce, with merchants accepting USD by default without needing to change their accounting practices or hold crypto assets. It is reported that 78% of Square's users are from the US, and 22% are from international markets. Previously, PayPal launched its USD stablecoin PYUSD to tens of thousands of users in 70 markets worldwide, promoting the adoption of digital payments.

Bitmine has staked over 167,500 ETH again, worth approximately $342 million.

According to Onchain Lens monitoring, Bitmine has staked 167,578 ETH in the past 7 hours, worth $342.4 million. Their current total staked ETH is 3,310,221 ($6.7 billion).

US Democrats are urging warnings to federal officials against insiders betting on prediction markets.

According to CoinDesk, more than 40 U.S. Congressional Democrats, including Senators Elizabeth Warren and Cory Booker, jointly wrote to the Commodity Futures Trading Commission (CFTC) and the Office of Federal Ethics, demanding clear guidance for government employees, reminding them that trading in prediction markets using non-public information is illegal and should be prohibited. The letter points out that several prediction market contracts involving government and military operations have recently seen suspicious trading, potentially involving insider information. The Democrats emphasize that the CFTC has classified prediction market contracts as regulated derivatives, and that government officials using official information for trading clearly violates federal law.

The U.S. Department of Labor has proposed new rules to allow 401(k) retirement plans to include assets such as cryptocurrencies.

According to CoinDesk, the U.S. Department of Labor has proposed a new rule to allow 401(k) retirement plans to incorporate alternative assets such as cryptocurrencies, private equity, and real estate, in response to President Trump's executive order signed last August. If passed, the rule would change the traditional stock- and bond-heavy structure of retirement plans, allowing plan providers to add privately traded products such as digital assets. The Labor Secretary stated that the rule aims to make retirement plans better reflect the current investment environment. Supporters argue this move will improve portfolio diversification, but Senator Elizabeth Warren warned that it could expose workers to higher risks, costs, and potential losses. U.S. 401(k) plans hold trillions of dollars in retirement savings; even allocating just a small portion to digital assets could bring substantial inflows to the crypto market.

The US CFTC stated that it will "respect the opinions of all sports leagues," following the NFL's call for stronger regulation of the prediction market.

According to The Block, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency will "largely respect the opinions of sports leagues" when assessing which prediction market contracts are susceptible to manipulation. Previously, the National Football League (NFL) sent letters to prediction market platforms such as Kalshi and Polymarket, demanding they cease offering contracts for single-game results, drafts, injuries, and other easily manipulated or pre-determined information, arguing that such contracts could induce manipulation. On the legislative front, bipartisan lawmakers have introduced bills to prohibit federally regulated prediction markets from listing sports-related contracts, and several states have also challenged the legality of these platforms through legal channels. Meanwhile, Major League Baseball (MLB) has opted for a collaborative approach, partnering with Polymarket and signing an information-sharing agreement.

US senators have introduced the "US Mining Act," which aims to incorporate strategic Bitcoin reserves into law.

According to The Block, Republican Senators Cynthia Lummis and Bill Cassidy have introduced the "American Mining Act," which aims to expand the role of cryptocurrency mining in the U.S. economy and enact President Trump's executive order establishing a strategic Bitcoin reserve. The bill would instruct the Department of Commerce to establish a voluntary certification program for mining pools and facilities, and require certified facilities to phase out mining equipment manufactured by companies associated with foreign adversaries. Lummis stated that the bill aims to bring the mining industry back to the United States through forward-looking initiatives, securing the nation's financial future. Previously, Trump pledged during his campaign to make the U.S. the "crypto capital of the world," and in March of this year, he signed an executive order establishing a strategic Bitcoin reserve funded by judicially seized Bitcoin.

Powell: The impact of oil prices can be ignored for now, but if inflation expectations get out of control, the Fed's patience will run out.

According to Jinshi News, Federal Reserve Chairman Jerome Powell stated on Monday that the central bank prefers to maintain interest rates and take a "penetrating" approach to the energy shock triggered by the war with Iran. However, he also warned that if rising prices begin to alter public expectations of long-term inflation, the Fed may not be able to remain indifferent. The Fed faces a dilemma: energy shocks often have a dual effect—pushing up prices on the one hand, and dragging down economic growth by compressing household budgets and increasing business costs on the other. Powell appeared particularly cautious about how the Fed would respond to this challenge. He stated, "We may eventually face the question of how to deal with it, but we haven't really reached that point yet because we don't yet know exactly how these economic impacts will manifest."

Iran insists it has not negotiated with the United States since the outbreak of the war.

According to Jinshi News, Iranian Foreign Ministry spokesman Baghae posted on social media that Iran has not held any negotiations with the United States since the start of the war against Iran. "In these 31 days, we have not held any negotiations with the United States," Baghae stated. "Currently, the United States has conveyed its request for negotiations and a package of proposals to us through certain intermediaries, including Pakistan." He indicated that Iran's position on a ceasefire remains unchanged. "Our position is very clear. Currently, because the United States' military aggression and invasion are still in full swing, all our efforts and capabilities are dedicated to protecting Iran's fundamental interests." Baghae stated that Iran "will not forget that its diplomatic efforts have been betrayed twice in less than a year."

White House: Trump hopes to reach an agreement with Iran by April 6.

According to a report by Xinhua News Agency cited by CLS, White House Press Secretary Levitt stated on March 30 that President Trump hopes to reach an agreement with Iran before the April 6 deadline. Trump had previously stated that, at the request of the Iranian government, he would suspend strikes against Iranian energy facilities for 10 days, resuming at 8 PM Eastern Time on April 6.

The Iranian parliament approved a toll for passage through the Strait of Hormuz, payable in Iranian currency.

According to Jinshi News, on Monday local time, the Iranian parliament passed a bill to impose passage fees on ships passing through the Strait of Hormuz. The fee for a single oil tanker could be as high as $2 million. Iranian media, citing officials from the Iranian parliament's National Security and Foreign Policy Committee, reported that the new navigation control plan also includes prohibiting ships associated with the United States, Israel, or countries that have previously imposed unilateral sanctions on Iran from passing through the strait, and that passage fees must be paid in Iranian rials. Iran will cooperate with Oman to develop the relevant legal framework. Shortly before the bill was approved, the White House stated that the United States does not support Iran imposing passage fees.

Coinbase will list EDGEX (EDGEX)

According to an official announcement, Coinbase will add support for EDGEX (EDGEX). Users can now generate EDGEX deposit addresses on coinbase.com, the Coinbase App, and Coinbase Exchange. EDGEX deposit functionality will be available after the EDGEX issuer enables transfers.

Midnight, a privacy-focused public blockchain backed by Charles Hoskinson, has been launched within the Cardano ecosystem.

Midnight, a privacy-focused public blockchain backed by Cardano founder Charles Hoskinson with approximately $200 million in investment, has launched within the Cardano ecosystem, aiming to address what he calls "core cryptographic design flaws." Midnight does not directly compete with Bitcoin or Ethereum, but operates in parallel, allowing users and businesses to use blockchain without exposing asset and behavioral details by hiding sensitive data and simplifying interactions. The project will advance infrastructure, applications, and governance in phases, with early applications including confidential financial products, identity systems, and enterprise data processes. Midnight also seeks to lower the barriers to private key management, allowing users to "click and authenticate to use," and in some cases even use the blockchain without being aware of it.

Powell: The Federal Reserve is closely monitoring potential risks in the private credit market.

Federal Reserve Chairman Jerome Powell said on Monday that the Fed is closely monitoring potential problems in the private sector. Speaking at Harvard University, he said that regarding private lending, "it represents a relatively small portion of a large asset system, and we are watching this area very closely." Powell did not specify the current level of risk in this area. He added, "You don't hear anyone say there's no problem here, because that's a bad omen." Fed Chairman Powell: We do not currently see contagion risk in private lending. The conditions are not currently in place to evolve into a broader systemic event.

The Federal Reserve has withdrawn its bets on interest rate hikes and is now pricing in the possibility of rate cuts this year.

Market pricing indicates that bets on a Fed rate hike have been withdrawn, with instead, the market pricing in the possibility of a rate cut this year.

Federal Reserve Chairman Powell: There is a tension between the Fed's two main goals.

Federal Reserve Chairman Jerome Powell: There is a tension between the Fed's two main objectives. Overall, research tends to suggest that purchasing long-term assets will lower interest rates and support the economy. There is no indication that the Fed's past bond purchases have been inflationary in nature. We don't really see the downside risks from the massive balance sheet that many have predicted. The Committee will achieve its 2% inflation target. Tariff-induced inflation is a one-off price increase that will raise the inflation rate by 0.5 to 1 percentage point.

The final text of the US stablecoin yield terms may be released this week; Anchorage and Chainlink support the new PAC.

According to Crypto in America, U.S. senators are expected to release the final compromise text on stablecoin yields and rewards this week as part of discussions on the Clarity Act; meanwhile, Anchorage Digital and Chainlink have joined a new bipartisan PAC initiated by members of the Chamber of Digital Commerce to push for a pro-crypto regulatory agenda.

Federal Reserve Governor Milan: The Fed could gradually cut interest rates by one percentage point over a year.

Federal Reserve Governor Milan stated that inflation expectations have not yet been affected by rising oil prices. There is no indication that his colleagues will adjust their stance based on oil prices. Inflation will adjust to the target level in a year. The Fed can gradually cut interest rates by one percentage point over a year. Central banks should not hinder job creation through artificial intelligence. The Fed's balance sheet is too large, and he hopes to reduce it.

Alibaba's Qwen 3.5-Omni full-modal large model is now online.

Alibaba's Qianwen platform announced the launch of its full-modal large-scale model, Qwen3.5-Omni. The Qwen3.5-Omni series includes Instruct versions in Plus, Flash, and Light sizes, supports 256k long context, and allows for over 10 hours of audio input and over 400 seconds of 720P (1FPS) audio/video input. The model was natively pre-trained on massive amounts of text, visual data, and over 100 million hours of audio/video data, demonstrating exceptional full-modal perception and generation capabilities. Compared to Qwen3-Omni, Qwen3.5-Omni significantly enhances multilingual capabilities, supporting speech recognition for 113 languages ​​and dialects and speech generation for 36 languages ​​and dialects.

Binance launches USDT-margined perpetual contracts for three major energy commodities, supporting leverage up to 100x.

Binance Futures will launch USDⓈ-M CLUSDT, BZUSDT, and NATGASUSDT perpetual contracts on April 1st at 17:00, 17:10, and 17:20 (UTC+8), respectively, all supporting leverage up to 100x. The three contracts correspond to WTI crude oil (CL), Brent crude oil (BZ), and natural gas (NATGAS), with face values ​​of 1000 barrels of crude oil and 10,000 MMBtu of natural gas, respectively, and the settlement asset is USDT.

Aave V4 launched on the Ethereum mainnet, introducing a "hub-and-spoke" architecture.

According to The Block, the decentralized lending protocol Aave has launched version V4 on the Ethereum mainnet, introducing a "Hub and Spoke" architecture. This architecture provides credit lines to different lending markets through a centralized liquidity hub. V4 will establish three liquidity hubs: Prime, Core, and Plus, to isolate and manage assets and use cases with different risk levels. The exposure of each "speaker" market will be controlled by the central credit line cap to enhance risk isolation and capital efficiency.

Bitmine purchased 71,179 ETH last week, bringing its total holdings to 4.732 million ETH.

According to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that it purchased 71,179 ETH last week, bringing its total holdings to 4,732,082 ETH, representing approximately 3.92% of the total ETH supply. Of these, 3,142,643 ETH are currently staked, amounting to approximately $6.3 billion at $2,005 per ETH. The company stated that its crypto assets, "moonshots" investments, and cash total approximately $10.7 billion, including 197 BTC, a $200 million investment in Beast Industries, a $102 million investment in Eightco Holdings (ORBS), and $961 million in cash.

Valinor raises $25 million in seed funding, led by Castle Island Ventures.

According to Fortune, Valinor, a startup founded by former Blackstone private lending team members, announced the completion of a $25 million seed funding round led by Castle Island Ventures, with participation from Susquehanna's crypto division, the founders of Maven11 and TeraWulf, among others. Co-founded by Connor Dougherty and Lily Yarborough, Valinor plans to migrate private lending to the blockchain, replacing traditional loan processes that rely on forms and manual review with smart contracts to improve the efficiency of "rules-driven" loans such as the $50 million revolving credit line.

Trump's Technology Advisory Council excludes heads of leading AI companies

The current members are mainly leaders of chip and infrastructure companies, such as Nvidia CEO Jensen Huang, AMD CEO Lisa Su, Oracle founder Larry Ellison, and Dell Technologies founder Michael Dell, emphasizing "builder" and practical experience.

Strategy did not increase its Bitcoin holdings last week, and its holdings remain at 762,099 BTC.

In its latest regulatory filing, Strategy disclosed that as of the week ending March 29, 2026, the company did not purchase any new Bitcoins, maintaining its holdings at 762,099; at the time, this batch of Bitcoins was worth more than $51.5 billion.

RWA infrastructure company Midas has raised $50 million in Series A funding, led by RRE and Creandum.

According to CoinDesk, RWA infrastructure company Midas has completed a $50 million Series A funding round, led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton, and Coinbase Ventures. Midas will use the funds to expand its "Midas Staked Liquidity" (MSL) system. This system enables instant redemption of on-chain yield tokens by setting up an independent liquidity layer alongside products and using pre-allocated funds to meet redemption demands, thus solving the liquidity problem of traditional "vault-style" structures that require queuing for redemptions.

El Salvador's strategic Bitcoin reserve surpasses 7,600.

According to CoinDesk, El Salvador has announced that its strategic Bitcoin reserve has exceeded 7,600, currently holding 7,605.37 BTC, valued at approximately $512 million at current prices.

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Besides ETFs, crypto treasury firms remain a significant source of demand. These firms continued to increase their holdings throughout August, with Ethereum-focused treasuries in particular injecting significant capital. Because Ethereum's market capitalization is smaller than Bitcoin's, corporate capital inflows have a disproportionate impact on spot prices. A $1 billion allocation to Ethereum can significantly impact the market landscape, far more than a similar amount allocated to Bitcoin. Furthermore, significant funds remain undeployed among publicly disclosed crypto treasury firms, suggesting further positive market conditions. The total cryptocurrency market capitalization climbed to a record high of $4.2 trillion that month, demonstrating the deep correlation between crypto assets and broader market trends. 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U.S. Secretary of Commerce Lutnick announced that GDP data will be published on public blockchains via oracle networks such as Chainlink and Python. Galaxy tokenized its shares to test on-chain secondary market trading. These initiatives demonstrate that businesses and governments are beginning to embed blockchain technology into core financial and data infrastructure, despite ongoing debate over the appropriate balance between compliance and decentralization. 3. Hot Trend: Crypto Treasury Companies The crypto treasury trends we highlighted in our earlier report continue. Bitcoin, Ethereum, and Solver (SOL) holdings continue to accumulate, with Ethereum showing the strongest performance. Holdings data shows a sharp rise in ETH's crypto treasury throughout August, primarily driven by Bitmine's reserves, which increased from approximately 625,000 ETH at the beginning of August to over 2 million currently. 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PANews2025/09/18 17:40