Matrixport released a chart today showing that since reaching a high of $3668 on January 7, 2025, Ethereum has fallen by 50% cumulatively. The on-chain activity of the entire Ethereum ecosystem has significantly slowed down, and the weakening fundamentals and continuous low demand for ETH have made market sentiment clearly bearish.

according to on-chain analyst @ai_9684xtpa monitoring, two minutes ago the GPS repurchase address proposed another 24.11 million GPS, worth $637,000, so the total repurchase quantity has risen to 89.02 million GPS ($2.56 million), and the repurchase progress has been updated to 58.98%.

price of gold hit a record high on Monday, as concerns about the escalation of global trade wars and uncertain geopolitical prospects have increased the attractiveness of gold as a safe haven asset and inflation hedge tool. Gold futures prices rose 1.3% in early trading to $3,154.40 per ounce. So far this year, gold has risen by more than 19% and its upward trend is expected to continue. Analysts at ANZ Bank's economic and market research department said, "Strong investment inflows, resilient physical demand, and increased central bank purchases will keep gold in a strong position." Traders are currently awaiting the scope of retaliatory tariffs that US President Trump is about to impose on major trading partners, which could increase inflationary pressures and potentially slow global economic growth.

traders are increasing their bets on the European Central Bank cutting interest rates, with the deposit rate expected to reach 1.84% by the end of the year, down from the previous week's expectation of 1.88%. 

according to official sources, the Fetch.ai mainnet is expected to undergo a planned upgrade at approximately 9:00 PM on April 1, 2025 Beijing time. This upgrade is subject to approval of governance proposal #35. This release, which focuses on maintenance, prioritizes security and operational efficiency to ensure minimal disruption to network participants. The network upgrade combines existing governance modules of cosmos-sdk to ensure that only users who delegate FET on the Fetch.ai mainnet can vote. Holders who hold or stake on Ethereum, BSC, or Cardano are not affected.

Binance will launch perpetual contracts for FUNUSDT and MLNUSDT.

On March 31st, according to on-chain data, the total number of addresses on the Monad test network has reached 83,922,629, with an additional 6,010,612 addresses added in the past 24 hours.

according to ai_9684xtpa monitoring, the GPS repurchase address has once again withdrawn 30 million GPS from Binance 15 minutes ago, worth $802,000.

according to the dYd Foundation, the community has passed a proposal to allocate 1.5 million dollars worth of DYDX tokens from the dYdX chain community treasury as part of the 10th season incentive program, rewarding eligible users.

according to Cryptopolitan, three cryptocurrency investment scammers were sentenced to prison by the Busan District Court for violating the "Specific Economic Crime Aggravated Punishment Act". The main offender was sentenced to four and a half years in prison, while the two accomplices were sentenced to three and a half years and two and a half years respectively.

Australian financial crime watchdog has issued a "warning" to cryptocurrency ATM operators, warning that many such machines may be helping criminals launder money or defraud victims.

On March 31st, Web3 liquidity provider Orderly Network announced on X platform that Orderly is about to launch an important new product, which will undergo a planned upgrade starting 24 hours later (April 1st). The expected downtime is approximately 3 hours and 30 minutes.

OKX will launch GUN perpetual contract

according to Decrypt, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued a warning to cryptocurrency ATM operators, stating that these devices may be used for money laundering and fraudulent activities. AUSTRAC CEO Brendan Thomas stated the need for cryptocurrency ATM operators to establish robust risk prevention mechanisms.

On March 31st, the Securities and Exchange Commission (SEC) of Thailand officially filed a lawsuit against the cryptocurrency exchange OKX, alleging that it violated Thailand's digital asset regulatory requirements. This highlights the ongoing efforts of regulatory agencies to ensure compliance in Thailand's rapidly growing digital asset market. The complaint from the Securities and Exchange Commission of Thailand emphasizes several alleged violations by OKX, including operating without a license, failing to provide adequate investor protection, and not complying with regulatory reporting requirements.

according to The Data Nerd, 2 hours ago, Gnome Labs deposited 10,850 BNB (approximately $6.51 million) into Bybit (first time depositing BNB into Bybit). Within a month, they have deposited a total of 76.37 million USDC into Binance and Bybit.

according to the AI analysis platform aitools.xyz, DeepSeek has become the fastest growing AI tool globally, with its monthly new website visits surpassing OpenAI's ChatGPT. The report states that DeepSeek reached 525 million visits in February 2025, exceeding ChatGPT's 500 million. Currently, DeepSeek has a market share of 6.58%, second only to ChatGPT and Canva, which account for 43.16% and 8.27% respectively.

Terraform Labs has announced that it plans to open a cryptocurrency loss claim portal on March 31, 2025. The deadline for submitting claims is April 30, 2025, and claims submitted after this date will forfeit the right to recover losses. The portal website prioritizes API keys for faster verification; manual evidence may cause delays. However, it is reported that Luna 2.0 and low liquidity assets (with a $100 threshold) will not be eligible for claims.

Matt Weller, StoneX's global market research director, emphasized in the latest report that "market aversion to uncertainty" is an ancient adage on Wall Street. The ambiguity of the tariff statement has undoubtedly dealt a heavy blow to risk appetite. "Once the shoe drops, risk assets and the dollar may see a brief rebound." However, he warned that if Trump continues to escalate tariffs after April 2, "any rebound in risk assets will be short-lived unless traders are convinced that these disruptive economic policies have come to a complete end."

On March 31st, MailOnline's investigation showed that since April 2024, British authorities have frozen around $7.7 million (£6 million) worth of illegal crypto assets. Last year, the UK revised its regulations, granting special powers to the National Crime Agency (NCA) and the police to freeze, seize, and destroy crypto currencies related to crime and criminals. These powers allow the police to freeze crypto wallets for up to three years. Officials can also seize these assets if the court believes the funds are from illegal sources or will be used for criminal purposes. This special power also allows law enforcement agencies to seize any crypto wallets suspected of being linked to criminal organizations without the need for arrest. Authorities are also empowered to destroy these assets if they believe that putting the seized crypto assets back into circulation "is not in the public interest." This may include privacy coins commonly used by criminals to conceal the source of funds. According to court documents analyzed by MailOnline, the largest freeze order was issued against a wallet hosted on Coinbase. The wallet contained tokens worth $1.94 million (£1.5 million). The freeze order was issued by the Tyne River Newcastle Magistrates' Court on March 18th. The fact that the application for the court order was made by Her Majesty's Revenue and Customs (HMRC) indicates that the case may be related to tax evasion. The identity of the wallet owner remains a mystery.