Odaily

The Federal Reserve Chair hearing is scheduled for the week of April 13. Market analysis shows that Ethereum faces downward pressure, and strategy companies have increased their holdings of Bitcoin significantly. Trump warned that if Iran charges tolls for the Strait, action will be taken. Nomura believes that the market's expectations for a Federal Reserve rate cut will be delayed until September, and geopolitical conflicts or inflation could impact oil prices.

Odaily Planet Daily reports that, according to Arkham monitoring, the Ethereum Foundation staked $46.2 million worth of ETH today, setting a new record for the highest amount of ETH staked by the Ethereum Foundation.

Introduction: From 1887 to the AI Era
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In 1887, the American Railway Company received some "good news": Congress passed the Interstate Commerce Act, aiming to end the chaos of fragmented state regulation—varying track gauges, disjointed rate systems, and interstate transportation friction almost equivalent to operating between different countries. The business community cheered, but they soon realized that this was not just about order, but a reshuffling of power structures: no longer battling 50 states, but facing a single, centralized federal regulator.
One and a half centuries later, Silicon Valley's AI companies are standing at the same crossroads.
In recent years, fragmented state regulations have imposed high costs on startups and given competitors like China an opportunity to catch up. On March 20, the White House released the National Artificial Intelligence Policy Framework, promising to establish nationwide unified standards—initially seeming like a burden reduction, but in fact, it is a move to tighten control and set the rules for AI development across the country.

Odaily Planet Daily reports that, according to CryptoQuant, Strategy has accumulated approximately 45,000 BTC over the past 30 days, marking the fastest increase in nearly a year. Currently, its purchase volume accounts for about 76% of all reserve company demand.
The report also notes that, aside from Strategy, the purchasing scale of other companies has significantly decreased. In the past 30 days, their combined purchases totaled only about 1,000 BTC, reducing their share to approximately 2%. The number of purchase instances has also dropped from a peak of 54 to 13, indicating that new market demand is becoming more concentrated.

The current market is experiencing a macro re-pricing driven by geopolitical factors, with escalating tensions in Iran increasing uncertainties around energy supply and global growth. Inflationary pressures are rising, causing the market to shift from inflation-driven to liquidity expectation-driven. Bitcoin has demonstrated resilience due to its relative positioning advantage. The overall trajectory is transitioning from inflation shocks to growth and policy intervention phases. Investors should pay attention to changes in the macro narrative to adapt to new investment opportunities.

Nomura Securities has delayed the Federal Reserve's interest rate cut expectations to September and December due to inflation risks from Middle East conflicts and delays in the confirmation process of the new chair. Although short-term price pressures are seen as temporary, policymakers still lean toward maintaining an accommodative policy.

Ethereum Economic Zone (EEZ) aims to address the liquidity fragmentation issue within the Ethereum L2 ecosystem by enabling synchronized composability between L1 and L2. This allows for cross-chain atomic calls of smart contracts, simplifying user experience and maintaining Ethereum's security. This framework is funded by the Ethereum Foundation, initiated by Gnosis and Zisk, and plans to build open-source shared infrastructure to promote unity across the entire Ethereum ecosystem.

Odaily Planet Daily reports that Musk stated Grok has started automatic translation and recommendation of tweets in other languages. Compared to the previous method that required manually clicking the translate button, the new feature can proactively identify foreign language content, translate it, and directly push it to the user's feed. Some users have already reported seeing a large number of translated foreign language tweets in their timelines.

Ethereum has currently broken below a key support level and is forming a bear flag pattern, potentially continuing its downward trend. Trading volume is sluggish, ETF net outflows, USDC minting has slowed, and liquidity recovery is unstable. Overall demand recovery still requires time.

On March 30th, the overall crypto market saw a slight increase, with the AI sector performing notably, rising by 2.35%. Bitcoin broke through $66,000, and Ethereum surpassed $2,000. The Meme, Layer2, and CeFi sectors also experienced gains, while PayFi and DeFi sectors saw minor declines.

Odaily Planet Daily reports that two informed sources say the U.S. Senate Banking Committee plans to hold a confirmation hearing for Kevin Wash to become Federal Reserve Chair as early as the week of April 13. The report states that the exact date has not yet been determined and depends on whether he submits complete materials to the committee. (Punchbowl)

Robert Kiyosaki, the author of "Rich Dad Poor Dad," pointed out that national debt and currency issuance will drive up inflation and devalue the dollar. He believes that geopolitical conflicts will impact oil prices, further exacerbating inflation. In the current financial environment, personal financial awareness and asset allocation are crucial. Kiyosaki is optimistic about gold, silver, oil, food, and cryptocurrencies.

Gate fully supports the Vibe Coding tool, allowing employees to flexibly use a variety of AI large models. Kevin Lee stated that AI is key to improving efficiency and innovation. Gate invests several million dollars each month to promote AI applications and will expand to more scenarios in the future, continuously optimizing resource allocation.

The outcome of the "NBA Regular Season Knicks vs. Thunder" event on Polymarket has been confirmed, with the Thunder winning. The top account Dishonest-Bloom profited approximately $50,000, the second-place account S-Works profited about $21,000, totaling over $70,000. Additionally, some accounts made more than $2.2 million in profit from this event.

The World Foundation recently completed an OTC over-the-counter sale of $65 million worth of WLD tokens, which are expected to be used for core project operations and ecosystem development. Despite the downturn in the crypto market, WLD tokens surged early on due to the AI concept hype, but then declined significantly due to market corrections and regulatory pressures. WLD currently has a market capitalization of approximately $1.346 billion, and ongoing unlocking will intensify market selling pressure.

Odaily Planet Daily reports that when asked about Iran's plan to charge tolls in the Strait of Hormuz, U.S. President Donald Trump said: "I need to first verify if this is true, but the United States can very quickly put an end to this action. We can get it done in two minutes. We can do it so swiftly that you'll be dizzy." He stated that Saudi Arabia, Qatar, the UAE, and Bahrain are countering Iran. "I'm very surprised that they were attacked. But once attacked, their counterattack was very effective. We have very strong communication, but all these countries say they have been fighting."