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04:26
Hawkish Shin Hyun-song to become new Governor of the Bank of Korea, holds negative stance on Korean won stablecoins
According to ChainCatcher, the Financial Times reports that South Korean President Lee Jae-myung has nominated Shin Hyun Song, the "pragmatic hawk" and head of the Monetary and Economic Department at the Bank for International Settlements, as the new candidate for president of the Bank of Korea, the country's central bank. It is understood that Shin Hyun Song holds a negative stance toward the Lee Jae-myung administration's push for a Korean won-pegged stablecoin. He believes that in countries with volatile exchange rates and prone to capital outflows, stablecoins can easily become tools for capital flight, and stablecoins pegged to the domestic currency may accelerate this trend.
04:15
Eugene: All stop losses hit, this year is tougher than last year, need to reduce trading frequency
BlockBeats News, March 28th, Trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have exited all positions with stop-loss — gave it a try, but didn't get any returns. 2026 has proven to be more challenging than 2025, which also means the need to reduce trading frequency. It seems that more patience is still required..." BlockBeats previously reported that on March 16th, Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I have switched to a long position. Considering the general weakening of global risk assets, the crypto market is still showing strength, which is noteworthy — this is the first sign of relative strength in the crypto market since Bitcoin's collapse from $60,000. Although I didn't catch the bottom, following strong buying after the breakout of the consolidation range is my preferred execution method, as this allows for better risk control. At the same time, several altcoins have also naturally formed a rounded bottom pattern, which makes me believe that the probability of an upward move in the crypto market in the short term is higher. If Bitcoin successfully breaks above $74,000, the entire crypto market may start a comprehensive rally, and I expect major coins like ETH and SOL to return to their previous trading ranges (ETH $2400 / SOL $100)."
04:07
Midday Key Updates on March 28
7:00-12:00 Keywords: Anthropic, CLARITY Act, Trump1. Ripple CEO: The CLARITY Act may be postponed until May, and approximately $4 billion has already been invested in the crypto ecosystem.2. Google is about to finalize an agreement to provide over $5 billion in funding for the Texas data center rented by Anthropic.3. Trump: There are still 3,554 targets to strike; refers to the Strait of Hormuz as the "Trump Strait".4. Bloomberg analyst: Morgan Stanley Bitcoin ETF will charge a 14 basis point fee and is expected to launch within two weeks.5. A certain whale seems to have sold 4,500 Bitcoins through an OTC platform, valued at approximately $295.5 million.6. The WorldCoin team has once again transferred 75 million WLD tokens, worth nearly $20 million.7. Miners collectively shift to AI: Mining costs inverted by nearly $20,000; selling Bitcoin to raise $7 billion in computing power transformation.
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