Crypto Breakfast | March 30

Market News
1. Middle East Tensions Push Oil Prices Higher: The Iranian Revolutionary Guard claims the Strait of Hormuz has been closed. Coupled with other energy supply disruptions, international oil prices are trending upward. WTI crude oil closed up 7.85%, at $101.51 per barrel, returning to the $100 mark; Brent crude oil closed up 5.13%, at $106.38 per barrel.
2. Federal Reserve Personnel: Sources reveal that the Senate hearing for Federal Reserve Chair nominee Kevin Warsh is tentatively scheduled for the week of April 13.
3. U.S. Political Developments: U.S. media report that protests with the slogan “No King” have erupted in multiple cities against Trump. Fox News polls show that Trump’s “dissatisfaction rate” has hit a new high.
4. Iran’s Latest Statement: Iran’s Parliament Speaker states that the so-called “news” before the market opening is merely a trap to induce profit-taking and is a reverse indicator. Iran also released satellite images showing the destruction of a U.S. military E-3 AWACS aircraft.
5. Lido DAO Updates: Lido DAO proposes a $20 million one-time LDO buyback plan. Currently, the token price is near its historical lows.
6. Coinbase Response: Coinbase CEO publicly apologizes for platform prediction market notification issues, acknowledging a system bug that has been quickly fixed.
7. Canadian Regulations: The Canadian government proposes a new bill to ban political donations made in the form of cryptocurrencies.
8. ETH Whale Activity: An ETH whale has ended months of accumulation, transferring 3,246 ETH (approximately $6.47 million) to a CEX, with an unrealized loss of about $3.32 million.
9. Huang Licheng’s Position: “Brother Maji” Huang Licheng’s address has some positions liquidated, but he continues to increase his holdings as usual. Currently, the overall loss of this address has expanded to approximately $31.3 million.
10. El Salvador Bitcoin Reserves: El Salvador holds over 7,605 BTC, worth approximately $506 million at current prices.
11. Musk’s Latest Viewpoint: Elon Musk states that Tesla’s FSD will be able to predict pedestrians’ intentions, and AI autonomous driving safety will be more than ten times safer than humans.
12. OpenClaw Update: OpenClaw releases version v2026.3.28. The new version switches the built-in xAI provider to Responses API, adds a first-class x_search; introduces MiniMax image-01 for image generation and image-to-image editing; supports plugin asynchronous requireApproval approval process; and defaults to enabling apply_patch for OpenAI and OpenAI Codex models.
13. World Foundation Action: The World Foundation completes an OTC sale of $65 million worth of WLD tokens at an average price of $0.2719.
Bitcoin Market Brief
The Middle East conflict continues to escalate, Trump’s approval ratings keep declining, and the midterm election support for Democrats has risen to 49%, putting immense pressure on the Republican Party and Trump.
The unresolved issues left by the Biden era in Iran remain, and Trump has started mentioning that “Cuba will fall soon.” Recent protests by U.S. voters chanting “No King” reflect growing opposition to Trump.
Short-term technical analysis is less meaningful; the market trend mainly depends on the next steps of the Trump administration and the evolution of Middle East tensions.