News

1. The Amber Group address transferred 50 million USDC to edgeX; 2. The exchange Alpha will list BASED on March 30; 3. A senator sent a letter to the U.S. Department of Commerce requesting an explanation regarding the national security review of Bitmain; 4. The President of Iran stated there will be no preemptive strike but retaliation will come; 5. U.S.-listed company OceanPal disclosed it holds about 51.3 million NEAR tokens; 6. Polymarket reached a strategic partnership with Parti.com to launch the first live prediction market; 7. Xinhua News Agency: California has banned officials from profiting from inside information in prediction markets; 8. Research: Since 2024, "informed" traders on Polymarket have made abnormal profits of $143 million; 9. The Israeli military deployed more than 50 fighter jets to strike Iranian nuclear facilities and weapons bases; 10. BNB Chain: The first phase of the BNB Beacon Chain recovery tool will end in 3 days.

On-chain data shows that the edgeX treasury decreased by 50 million USDC, dropping from 190 million USD to 140 million USD, with funds cross-chained into edgeX from wallets such as Amber Group. The receiving address 0xc80…783 currently holds about 75 million USDC. (Yujin)

Golden Ten Data reported on March 28 that after the largest gold sell-off in years, dip buyers have started to enter the gold market. As of Thursday’s close, the gold price had fallen 19% from its January closing peak, nearing the traditional 20% threshold that signals the start of a bear market. However, by Friday, buyers returned, pushing gold prices up by approximately 3%. George Efstathopoulos, a fund manager at Fidelity International, said that once Middle East tensions ease, this correction will present a buying opportunity. Factors such as inflation risk, fiscal pressure, and bond credit issues remain structural tailwinds supporting gold. Analysts also noted that the Iran war could prompt central banks to sell gold, or at least slow their pace of purchasing. Daniel Ghali, a commodities strategist at TD Securities, believes that since central banks have been cornerstone buyers in this bull market, large-scale direct selling would have a more immediate impact on prices and a more damaging effect on market sentiment. But for now, the broader trend is more likely to be a stepwise slowdown in central bank gold purchases, rather than a total shift toward selling.