Summary
gm, Privacy Pools has debuted on Ethereum with support from Vitalik Buterin, offering private transactions that address regulatory concerns. Concurrently, Binance has paused Tether (USDT) trading for certain pairs in the European Economic Area in compliance with MiCA regulations. Ethereum itself has seen a dip in revenue, recording its lowest blob fee revenue in 2025 with just 3.18 ETH for the week ending March 30, post-Dencun upgrade. In political news, crypto-backed Republican candidates Jimmy Patronis and Randy Fine secured victories in Florida's special congressional elections, potentially influencing future pro-crypto legislation. In the gaming sector, Gunzilla Games launched its GUN token, which quickly reached a market cap of $68 million, with trading volumes surpassing $126 million shortly after its release, illustrating the growing intersection of gaming and cryptocurrency economies.

News Headlines
🚀 AI-Infused Blockchain Ambient Aims to Replace Bitcoin

  • Ambient, an AI-infused blockchain project, claims its technology could replace Bitcoin by enhancing efficiency, scalability, and security.
  • The project aims to create a more adaptive infrastructure that can respond dynamically to market conditions and user demands.

🌐 Coinbase's Brian Armstrong's $48 Billion Job Post Journey

  • Brian Armstrong's 2012 job post on Hacker News led to the creation of Coinbase, now valued at $48 billion.
  • The article highlights Kenya's Gridless startup, integrating Bitcoin mining with renewable energy in northwest Zambia.

💼 Tokenization Not Slowed by Regulation, Says Prometheum CEO

  • Prometheum co-CEO Aaron Kaplan asserts that the primary obstacle to broader tokenization adoption is the limited availability of secondary markets for trading tokenized securities, not regulation.
  • The US Securities and Exchange Commission's regulations already provide a pathway for issuing blockchain-native funds.

🐕 Solana Meme Coin Spikes as Elon Musk Hints at Vine Revival

  • Vine Coin, associated with Vine's co-founder, surged 122% over three days following Elon Musk's endorsement of Vine's revival.
  • The coin's market cap reached $55 million, demonstrating the volatility typical in the crypto market.

🎮 Ethereum NFT Marketplace X2Y2 Shutting Down as Team Shifts to AI

  • X2Y2, once the second-largest NFT marketplace, is closing its trading platform at the end of April 2025.
  • The team plans to pivot towards integrating artificial intelligence with cryptocurrency.

Market Metrics

Fundraising & VC
1. Inco Network (Accelerator, $500K) - Confidentiality layer of Web3
2. ORO (Accelerator, $500K) - Data infrastructure platform
3. ZAR (Accelerator, $500K) - Cash to stablecoin conversion platform

On-chain Data
1. Wormhole (W) token unlock in 1 day ($127M, 58.37%)
2. Immutable X (IMX) token unlock in 3 days ($5.28M, 0.58%)
3. Galxe (GAL) token unlock in 3 days ($2.88M, 2.35%)
4. Ethena (ENA) token unlock in 4 days ($118M, 6.3%)

Regulatory
🚨 Trump's Focus on Cartels Highlights New Risks for Digital Assets

  • The designation of drug cartels as terrorist organizations poses significant risks to the crypto industry.
  • Crypto companies could be unintentionally implicated in providing material support to these organizations, necessitating enhanced compliance measures.

🏠 House Democrats Warn of Dire Consequences if Musk Accesses SEC Data

  • Rep. Maxine Waters warns of "dire consequences" if Elon Musk's team gains access to sensitive SEC information.
  • Concerns raised about potential conflicts of interest and regulatory integrity in overseeing the cryptocurrency market.

🏦 Circle Files for Initial Public Offering with SEC

  • Circle, issuer of USDC stablecoin, has officially filed for an IPO on the New York Stock Exchange.
  • The company reported $1.67 billion in revenue for 2024, marking a significant moment for its expansion and visibility in the public market.

🏛️ SEC and Gemini Seek 60-Day Pause on $900M Crypto Lending Case

  • The SEC and Gemini have jointly filed a motion requesting a 60-day pause in their legal battle over crypto lending.
  • This move reflects a broader shift in regulatory enforcement under the Trump administration, with the SEC softening its stance on several crypto cases.

💼 UK Trade Bodies Urge Government to Make Crypto a Strategic Priority

  • British trade associations are pushing for the appointment of a special crypto envoy and development of a strategic action plan for digital assets.
  • They argue this focus could add £57 billion to the UK economy and contribute £1.39 trillion globally by 2030.

Technical Analysis
Bitcoin - Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency has marginally broken up through resistance at points 84000. An established break predicts a further rise. The currency is assessed as technically positive for the short term.

Ethereum - Ethereum is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the currency, and indicates negative development for the currency. The currency has marginally broken up through resistance at points 1860. An established break predicts a further rise. Negative volume balance weakens the currency in the short term. The currency is overall assessed as technically neutral for the short term.

Governance & Code
✈️ Airswap DAO | Monthly Update: Apr. 1 2025 (Active Vote)
- This monthly update aims to signal support for AirSwap's progress over Feb. 2025. 

💰 Yearn DAO | Bearn BIP YIP (Resubmission) (Preliminary Discussion)
- This proposal is a resubmission of the BIP YIP, which aimed to fund and endorse Bearn, a subDAO focused on building and launching products on Berachain.

🦄 Uniswap DAO | Uniswap Onboarding Package for BOB
- This proposal requests $375,000 worth of UNI tokens from the DAO to support Uniswap's continued integration with the BOB network.