24H Hot Cryptocurrencies and Key News｜Trump Willing to End Iran War with Strait of Hormuz Closed; Iranian Parliament Approves Bill to Impose Transit Fees on Strait of Hormuz (March 31)
- Core View: This article aggregates cryptocurrency market data, industry developments, and regulatory proposals, indicating overall slight market fluctuations while the industry continues to advance in privacy computing, compliant mining, and AI infrastructure.
- Key Elements:
- Divergent Market Performance: Major cryptocurrencies showed mixed movements, with BTC and ETH posting slight gains, while NIGHT and others saw significant declines; on the OKX gainers list, G and GOAT rose over 10%.
- Industry Focus on Compliance and Privacy: Cardano launched Midnight, a privacy-focused chain leveraging ZK technology; US Republican lawmakers proposed the "Mined in America Act," aiming to legislate to promote domestic mining and establish a strategic Bitcoin reserve.
- Active Platform Data and Investment & Financing: Robinhood's crypto trading volume reached $16 billion in March; Bitdeer's subsidiary plans to build an AI data center in Norway to support NVIDIA's next-generation chips.
- Traditional Institutions Under Performance Pressure: Dunamu, the parent company of the Korean exchange Upbit, saw year-over-year declines in revenue and profit for 2025, primarily due to shrinking market trading volume.
- Geopolitical Impact: Reports indicate Trump is considering ending actions against Iran without opening the Strait of Hormuz, while the Iranian parliament passed a bill to charge ships transiting the strait.
1. Hot Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: +1.31%
- ETH: +1.91%
- SOL: +0.93%
- XRP: -0.48%
- BNB: +0.22%
- DOGE: -0.23%
- TRX: -0.34%
- NIGHT: -10.22%
- XAUT: +2.36%
- TAO: -3.40%
24-hour Top Gainers (Data Source: OKX):
- G: +27.51%
- GOAT: +14.37%
- 2Z: +11.00%
- CFG: +9.85%
- DOGS: +9.67%
- DOOD: +8.65%
- ONT: +8.46%
- CELO: +7.17%
- KAITO: +6.97%
- JUP: +6.96%
24-hour Top Gainers - Tokenized Stocks (Data Source: msx.com):
- SWMR: 25.47%
- SOXS: 16.4%
- VVPR: 11.23%
- AA: 7.55%
- MSTZ: 7.31%
- DEFT: 7.09%
- USO: 6.7%
- TRON: 6.45%
- TSLQ: 5.32%
- EBON: 5.2%
2. Top 5 On-chain Meme Coins (Data Source: GMGN):
- Heist
- Poopcoin
- oskkpu
- Trench
- simulator
Headlines
US Media: Trump Willing to End Iran War Even if Strait of Hormuz Remains Largely Closed
According to The Wall Street Journal, U.S. government officials revealed that President Donald Trump has indicated to his advisors that he is willing to end U.S. military action against Iran even if the Strait of Hormuz remains largely closed. This move could prolong Tehran's firm control over the waterway and leave the complex task of reopening the strait for a later date. Recently, Trump and his advisors assessed that the mission to secure this critical chokepoint would extend the conflict beyond his set four-to-six-week timeline. Trump has decided that the U.S. should achieve its primary goal of degrading Iran's navy and missile stockpiles, gradually end the current hostilities, and simultaneously pressure Iran diplomatically to restore free trade. Officials stated that if this fails, Washington will pressure allies in Europe and the Gulf region to take the lead in reopening the strait. They added that Trump also has the option of a military solution, but it is not his current priority.
Iranian Parliament Approves Bill to Impose Transit Fees on the Strait of Hormuz
The Iranian Parliament's National Security Committee has passed a bill proposing to charge fees to vessels transiting the Strait of Hormuz. The planned measures include implementing a financial arrangement and fee system in Iranian Rials; prohibiting the passage of American and Israeli vessels through the Strait of Hormuz; maintaining Iran and its armed forces' dominant position; banning passage for countries participating in unilateral sanctions against Iran; and Iran cooperating with Oman to formulate the relevant legal framework.
Industry News
Bitmine Adds Staking of 167,600 ETH, Total Staking Reaches 3.31 Million ETH
According to Onchain Lens monitoring, Bitmine has newly staked 167,578 ETH, valued at approximately $342.4 million. Its cumulative staking amount has now reached 3,310,221 ETH, valued at approximately $6.7 billion.
Upbit Parent Company Dunamu Reports 2025 Revenue of 1.56 Trillion KRW, Down 10.0% Year-on-Year
According to South Korean media Decenter, Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, released its 2025 annual performance report, showing declines in both revenue and profit.
According to the consolidated financial statements, Dunamu's 2025 operating revenue was 1.56 trillion KRW, a year-on-year decrease of 10.0% (compared to 1.73 trillion KRW in the same period last year); operating profit was 869.3 billion KRW, down 26.7% year-on-year (compared to 1.18 trillion KRW last year); net profit was 708.9 billion KRW, down 27.9% year-on-year (compared to 983.8 billion KRW last year).
The report attributes the performance decline mainly to shrinking trading volume in the crypto asset market against the backdrop of a global economic downturn. Dunamu's revenue structure is highly concentrated on trading fees, which accounted for 98.26% of total revenue in 2025.
Project News
Robinhood has released platform trading data for the period from March 1st (Sunday) to March 27th (Friday), 2026:
1. Stock notional trading volume was approximately $196 billion.
2. Options contract trading volume was approximately 187 million contracts.
3. Cryptocurrency notional trading volume was approximately $16 billion, of which the Robinhood App contributed approximately $5 billion and Bitstamp contributed approximately $11 billion.
4. Event contract (prediction market) trading volume was approximately $2.6 billion.
Complete operational data for March 2026 will be released as part of the Q1 2026 earnings report.
Cardano Founder Launches Privacy Chain Midnight, Focusing on ZK and Compliance Compatibility
Cardano founder Charles Hoskinson announced the launch of the privacy-oriented partner chain Midnight. The network has generated its genesis block, marking the official commencement of the project's operational phase.
Developed by Input Output Global, Midnight is positioned as a "fourth-generation blockchain," aiming to drive the tokenization of real-world assets through end-to-end privacy capabilities. The network utilizes zero-knowledge proof (ZK) technology to enable selective data disclosure, protecting user privacy while meeting compliance requirements.
According to Flowscan data, the Hyperliquid HIP-3 market's open interest (OI) reached $1.88 billion on March 30th, with trade.xyz accounting for 91.6%, contributing over $1.72 billion in OI.
Currently, the top 5 assets by open interest held on trade.xyz are Crude Oil, Nasdaq Index, Gold, S&P 500, and Silver.
Investment & Financing
Bitdeer Signs Agreement to Build Norway's Largest AI Data Center for NVIDIA's Next-Gen Chips
Bitdeer's subsidiary, Tydal Data Center AS (TDC), has reached an agreement with Norwegian contractor Data Center Installations AS (DCI) to retrofit existing facilities, primarily to support hosting services for NVIDIA's next-generation Vera Rubin AI technology.
Haakon Bryhni, Co-founder and Chairman of TDC, stated that the transformation of the Tydal facility is a cornerstone of Bitdeer's global strategy to meet the growing demand for AI data centers. Previously, Bitdeer had liquidated its corporate Bitcoin reserves and plans to raise $300 million through a private placement of convertible senior notes. As of early Monday trading, Bitdeer's stock price was down over 2%.
Regulatory Developments
U.S. Senators Cynthia Lummis and Bill Cassidy have introduced the "Mined in America Act," aiming to promote the development of the crypto mining industry and codify President Trump's executive order establishing a strategic Bitcoin reserve into law.
The bill plans to strengthen the role of crypto mining in the U.S. economy while solidifying previous policy arrangements regarding the strategic Bitcoin reserve through legislation. This reserve primarily consists of Bitcoin seized by the U.S. Treasury Department through law enforcement actions.
The bill also requires the U.S. Department of Commerce to establish a voluntary certification system to regulate mining pools and facilities. Furthermore, certified mining facilities must gradually reduce their reliance on mining equipment produced by companies associated with "foreign adversaries."
The proposers stated that the bill is one of the important measures to advance the U.S. as a global digital asset hub and is intended to enhance the nation's strategic position in the crypto industry chain.
Voices
Bill Ackman posted, stating that some of the world's highest-quality companies are trading at extremely low prices. He advised ignoring mainstream media coverage and believes this is one of the most lopsided wars in history, which will ultimately benefit the U.S. and the world, potentially yielding a massive peace dividend. He stated that now is one of the best times in a long while to buy quality assets and to ignore the naysayers.
