Crypto Macro News and Global Policy Updates

Gate News message, April 3, according to monitoring by BitcoinTreasuries.NET, the UK-listed company Satsuma Technology bought 25.65 BTC, bringing its total holdings to 645.7 BTC.

An American court ruled to forfeit more than $600,000 in USDT, stemming from a physical letter phishing scam targeting Ledger users. After receiving the disguised letter, the victims leaked their seed phrases, and their funds were stolen. The scammers tried to conceal the funds through multiple transfers and conversion methods, but the transparency of the blockchain helped the police track the path of the fund movements. They then successfully recovered the funds through a civil forfeiture proceeding.

The European Central Bank plans to officially issue a digital euro in July 2029, and has already reached consensus on legislation. The digital euro is intended to strengthen financial sovereignty and reduce reliance on the U.S. payment system. Completing legislation by the end of 2026 will drive a 12-month pilot in 2027.

Gate News消息，April 3, according to Trader T’s monitoring, yesterday (April 2) spot Bitcoin ETFs saw net inflows of $9.02 million. Among them, Fidelity FBTC recorded inflows of $7.29 million, VanEck HODL recorded inflows of $4.74 million, BlackRock IBIT recorded outflows of $3.01 million, and the remaining ETFs had no capital movement that day.

Decentralized exchange Hyperliquid’s market share rose from 3.5% to nearly 6% within a year, showing that it grew against the trend in a shrinking market and captured real trading activity. The platform not only focuses on crypto assets, but has also expanded to around-the-clock trading in non-crypto commodities such as oil, offering advantages over the structural shortcomings of traditional exchanges and attracting institutional traders who need precise risk management.

The Arizona House Rules Committee unanimously passed the SB1649 bill, establishing a Digital Assets Strategic Reserve Fund that puts digital assets such as XRP under the management of the Department of the Treasury, and allows revenue to be generated through methods such as staking. If the bill passes, it will become the first U.S. state to officially recognize XRP as a fiscal reserve asset. XRP is currently trading at $1.28 and faces challenges from technical support and resistance.

The 2025/26 Premier League season will be the last year that betting brands appear on the front of club shirts. All 11 clubs have confirmed that they will remove these sponsors starting from the 2026/27 season. This move stems from a voluntary ban, and the UK government is also planning legislation to comprehensively prohibit unlicensed betting sponsorships, with the impact mainly concentrated among mid-to-lower-tier clubs. Potential replacement sponsors are expected to come from cryptocurrency and fintech brands, indicating changes in the sponsorship market going forward.

A report from the International Monetary Fund states that tokenized finance is a structural shift in the global financial system and highlights its risks, including liquidity crises, smart contract vulnerabilities, and procyclical effects. At present, tokenized assets are mainly driven by U.S. Treasury bonds, indicating institutional investors' demand for fixed-income products. However, fragmentation of tokenization platforms and regulatory challenges could affect financial stability. The report warns that if the pace of innovation outstrips regulatory capacity, risks will accumulate.

Bitcoin (BTC) gives back this week’s gains, temporarily trading at around $66,780 on April 3. Bitcoin miner MARA cut 15% of its workforce, shifting its strategy toward energy and digital infrastructure. Blockchain analytics firm Elliptic says North Korean hackers may exploit a vulnerability in the Drift Protocol to profit $286 million.

As of April 2, the U.S. XRP spot ETF had a total net inflow of $646,000 in a single day, with the Bitwise XRP ETF seeing a net inflow of $1.3138 million, for total net inflows reaching $378 million. The Canary XRP ETF had a net outflow of $1.2492 million in a single day, with total net inflows reaching $420 million. The total assets net asset value of the XRP spot ETF is $917 million.

On April 3, precious metal prices fell, with gold and silver dropping 1.72% and 2.81%, respectively. The volatility index dipped slightly, and most of the foreign exchange market remained flat. European stock indexes were broadly lower, except for the UK FTSE 100, which rose slightly. Meanwhile, oil prices surged significantly, with WTI up 13.01% and Brent up 8.09%.

According to SoSoValue data, on April 2, the SOL spot ETF recorded a net inflow of $9.329 million for the day, all of which came from the Fidelity Solana Fund ETF. Its current total net asset value is $771 million, and its historical cumulative net inflows have already reached $980 million.

The President of the United States, Donald Trump, appointed Deputy Attorney General Todd Blanche as Acting Attorney General, and dissolved the National Cryptocurrency Enforcement Team, issuing a memorandum to halt regulatory enforcement against the crypto industry. When Blanche signed this memorandum, he still held crypto assets, which allegedly violated ethical standards and sparked legal disputes; whether transferring his assets into his family’s name can eliminate the conflict of interest remains controversial.

Goolsbee said that with the economy impacted by the shock from oil prices and inflation not yet having eased, rising oil prices could further worsen inflation expectations, bringing greater difficulties and slowing hiring. Companies are facing uncertainty.

Trump, in a speech on April 2, warned Iran, causing market risk sentiment to contract sharply; Bitcoin fell by about 4%, hitting a low of $65,789. Rising oil prices and a strengthening dollar index intensified macro pressure, further impacting the market. From a technical perspective, Bitcoin may face a key support level at $64,000.

Gate News update, April 3, according to The Atlantic, a source said that FBI Director Patel, Army Secretary Driskoll, and Labor Secretary Chavez-Dremer may leave the Trump administration.

Gate News update, April 3, the Nikkei 225 index (Japan’s stock market benchmark) opened up 615.75 points, a gain of 1.17%, to 53,079.02 points. The Korea KOSPI index (South Korea’s stock market benchmark) opened up 145.0 points, a gain of 2.77%, to 5,379.05 points.

SpaceX has raised its target valuation for its first public offering (IPO) to $200 billion, exceeding most S&P 500 companies. The company plans to meet with potential investors in the coming weeks to share information supporting that valuation.

Trump expressed disappointment to Commerce Secretary Lutnick and Labor Secretary Dremer, considering a cabinet reshuffle, especially targeting members who have underperformed. If Lutnick is fired, it could signal a shift in Trump’s economic policies. The White House said the two secretaries performed well and received the president’s support.