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The latest disclosed SEC documents show that as of March 31, 2026, Avenir Group holds 18,276,100 shares of BlackRock's IBIT Bitcoin Spot ETF, with a position market value of approximately $702 million based on the quarter-end closing price, a slight decrease of about 0.061% compared to the fourth quarter of 2025. Since the second quarter of 2024, Avenir Group has maintained its position as the largest institutional holder of Bitcoin ETFs in Asia for eight consecutive quarters.Since 2026, Avenir Group has been continuously promoting the integration of TradFi and Crypto, including strategic investments in CoinRoutes, leading a $20 million seed round for Inference Research, and signing a cooperation MOU with Tiger Brokers, AMINA Bank, and CoinRoutes during Consensus Hong Kong 2026 to advance the construction of next-generation institutional trading infrastructure.

According to crypto journalist Eleanor Terrett, sources say that a bipartisan group of minority senators in the U.S. Senate held discussions last night regarding the CLARITY Act, attempting to push the Democrats to make concessions on at least two outstanding issues, but ultimately failed to reach an agreement.Senator Cynthia Lummis stated that both sides had reached consensus on "99% of the content" of the bill and expressed hope that the Democrats would continue to address the remaining issues after the bill passes committee review; otherwise, if a similar incident to FTX occurs in the future, "they can only blame themselves."Reports indicate that Democratic Senators Adam Schiff and Ruben Gallego have been pushing for a compromise on the ethical standards and conflict of interest clauses involving the president's family before the committee review, making it one of the conditions for supporting the bill.Additionally, some Democratic lawmakers have raised concerns about provisions related to the Blockchain Regulatory Certainty Act (BRCA). This provision aims to prohibit lawsuits against non-custodial software developers based on money transfer laws.Sources say that both sides have made substantial progress on ethical and conflict of interest issues, but disagreements over amendments to the BRCA ultimately led to the breakdown of negotiations. The market currently widely expects that this committee review will show clear partisanship.

According to Jinshi reports, Danske Bank analyst August Hyldgaard stated in a report that Tuesday's U.S. consumer inflation data may reinforce the Federal Reserve's wait-and-see stance. "If the data exceeds expectations on the upside, along with strong labor market data, it will keep the Federal Reserve in its current wait-and-see mode."

According to CoinDesk, billionaire hedge fund manager Ray Dalio stated that Bitcoin's lack of privacy protection, with transactions being monitorable and potentially controllable, is a primary reason why central banks are reluctant to hold Bitcoin. Dalio mentioned that about 1% of his portfolio is allocated to Bitcoin, but he believes that the transparent ledger characteristic of Bitcoin makes it difficult to serve as a reserve asset.Dalio also pointed out that Bitcoin has a 90-day correlation coefficient of 0.89 with the Nasdaq index, and about 79% of its price fluctuations can be explained by the performance of tech stocks, which undermines its function as an independent store of value. Furthermore, the market size of Bitcoin is still relatively small compared to gold and is more susceptible to influence; Dalio believes that gold still plays a more central role in the global system.

According to official news, based on the update from the Arbitrum DAO proposal, a judgment creditor in an unrelated case served a restraining order to Arbitrum DAO regarding the ETH frozen after the rsETH incident. A few days later, Aave LLC filed an emergency motion to vacate. The court modified the restraining order, allowing for on-chain Arbitrum voting and transferring the frozen ETH to Aave LLC.After the transfer, the restraining order will attach to Aave LLC. The revised constitutional AIP retains the asset recovery intent approved by Arbitrum DAO, and ETH will still be used for the recovery of the rsETH incident. Aave LLC will comply with all court obligations during the litigation process.

According to Fortune, OpenAI CEO Sam Altman shared his views at the Sequoia Capital AI Summit, noting significant generational differences in how users of different ages utilize ChatGPT. He stated that older users tend to use ChatGPT as a substitute for Google Search, while those in their twenties and thirties use it as a life advisor, and college students use it as a deeply integrated daily operating system.In the U.S., over one-third of young people aged 18 to 24 frequently use ChatGPT, leveraging its conversational memory feature for emotional advice, workplace negotiations, medical consultations, and even major life decisions. Sequoia Capital made its first investment in OpenAI in 2021, when the company was valued at $140 billion; after significant private equity financing, its current valuation has reached $852 billion.

DeepSeek's financing negotiations with Alibaba have broken down. DeepSeek launched a massive financing round, attracting major companies like Tencent and Alibaba to participate, but the two sides ultimately failed to reach an agreement. The core conflict lies in Alibaba's desire to strengthen its AI ecosystem through investment, while DeepSeek, as an independent model company, insists on minimizing binding terms and maintaining technological independence, unwilling to accept excessive ecosystem ties.DeepSeek founder Liang Wenfeng has long rejected external equity financing. Although this time he has opened the door for the first time, his bottom line remains unchanged, with the most emphasis on offers with "the least additional conditions." DeepSeek's current financing round is valued at approximately 300 billion RMB (about 45 billion USD), with the fundraising focus on supplementing computing power and R&D funds, while also providing a market valuation anchor for employees to retain talent. Tencent had proposed to subscribe for up to 20% of the shares, but this was politely declined by DeepSeek as they did not want to relinquish a large proportion of control. Ultimately, the China National Investment Fund and others may lead the investment, with relatively loose terms that align more closely with DeepSeek's technological idealism.

According to Jinshi reports, Federal Reserve's Goolsbee stated that stagflation shocks are one of the most difficult situations for the Federal Reserve to handle.

According to Jinshi reports, Fitch stated that the risks of reducing the Federal Reserve's balance sheet are significant and it is unlikely to be achieved quickly in the short term.

The Bitcoin mining difficulty experienced an adjustment at block height 947,520, with the mining difficulty decreased by 2.3% to 132.47 T; currently, the average network hash rate over the past seven days is 965.99 EH/s.

According to market data, the Binance BTC/USDT contract and spot market briefly showed a significant price difference, peaking at around 700 USD, and then quickly converged, with the current price rising to 77365 USD.

According to Gate Ventures' latest weekly report, as the situation in the Middle East has temporarily eased and energy prices have fallen, global risk appetite has marginally improved, stock indices have reached new highs, and both the dollar and U.S. Treasury yields have declined. However, gold remains strong, indicating that while the market is flowing back into risk assets, the demand for safe-haven assets has not completely faded. Against this backdrop, the cryptocurrency market has seen a slight rebound overall, with BTC and ETH rising 4.3% and 3.3% respectively. ETF funds continue to see net inflows, but market sentiment remains cautious. Mainstream assets have performed relatively steadily with institutional support, while the recovery in the altcoin market remains limited.At the industry level, regulatory advancements and infrastructure development continue to deepen. France supports promoting the euro stablecoin plan under the MiCA framework to enhance the competitiveness of the local currency system; Circle has launched USDC Bridge to further improve the cross-chain liquidity structure of stablecoins; the X platform has introduced the Cashtags feature to accelerate the integration of trading and social scenarios. In terms of investment and financing, a total of 12 financing deals were disclosed this week, with a total amount of $41.8 million, among which Paxos Labs completed a $12 million financing focused on compliant DeFi infrastructure development, reflecting that capital is still continuously laying out around compliance and underlying capability upgrades.

According to Jinshi reports, Federal Reserve Chair nominee Waller stated that he has policy disagreements with Federal Reserve Chair Powell.

According to Jinshi reports, Federal Reserve Chair nominee Waller stated that the tools of the Federal Reserve need to be used in different ways.

Aave officially stated that there may be two types of bad debts arising from the rsETH theft incident, depending on the different handling of rsETH. If the stolen losses are deducted from all circulating rsETH, it is expected to generate $123.7 million in bad debts, which is concentrated in the Ethereum mainnet in absolute terms, and is most severe in proportion on Mantle.If the value of the mainnet rsETH is guaranteed, and all losses are accounted for in the mapped version of rsETH on Layer 2, it is expected to generate $230.1 million in bad debts, all of which will be on Layer 2. Mantle will face a 71.45% WETH shortfall, and Arbitrum will face a 26.67% shortfall; the Ethereum mainnet will not be affected. Aave added that which situation ultimately occurs depends on decisions that Aave cannot control, mainly the accounting method for rsETH and the exchange rate update method of the LRT Oracle.