According to Huoxun Finance, the Canadian government introduced the Strong Free Elections Act (Bill C-25) on March 26, proposing to ban political donations to political parties and candidates in the form of cryptocurrencies, bank drafts, and prepaid cards. The reason given is that such assets offer pseudo-anonymity, making it difficult to verify the donor's identity and posing a risk to election integrity. The bill is currently in its first reading in the House of Commons. The UK Labour Party recently also announced a "temporary ban," suspending political groups from accepting cryptocurrency donations until a regulatory framework is in place to address the risk of foreign interference in elections. This move is seen as potentially directly impacting the Reform Party's funding sources—the party, led by Nigel Farage, has received substantial donations from individuals in the cryptocurrency industry.

According to Huoxun Finance, Morgan Stanley filed a revised S-1 document with the U.S. Securities and Exchange Commission (SEC) on March 28, announcing that its proposed spot Bitcoin ETF (MSBT) will charge an annualized "monetary sponsorship fee" of 0.14%, the lowest among spot Bitcoin ETFs in the U.S. market. If approved, the ETF's fee will be lower than Grayscale's Bitcoin Mini Trust's 0.15% and 11 basis points lower than BlackRock and Fidelity's spot ETFs' 0.25%. The ETF is planned to list on the New York Stock Exchange (NYSE) with an initial size of 10,000 shares and a seed investment of $1 million. Custodians include Coinbase and BNY Mellon, and the ETF is expected to launch in early April. Analysts believe this pricing strategy is clever and competitive, and is expected to attract asset migration—previously, similar fee differences have led to a significant outflow of assets from Grayscale's Bitcoin Trust to competing products.

According to Huoxun Finance, data shows that the Coinbase Bitcoin Premium Index has been in a negative premium state for 10 consecutive days, currently at -0.0857%. This index measures the difference between the price of Bitcoin on the mainstream US trading platform Coinbase and the average price in the global market. A negative premium usually reflects significant selling pressure in the US market, a decline in investor risk appetite, increased market risk aversion, or capital outflow.

the total open interest amounted to $78028077346.57494, with BTC at $37.92 billion, ETH at $22.28 billion, XRP at $3.22 billion, LTC at $1.47 billion, ETC at $1.35 billion, DASH at $719.86 million, IOTA at $662.04 million, QTUM at $362.62 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

According to data from Coinglass, the Coinbase Bitcoin Premium Index has been in a negative premium state for 10 consecutive days, currently at -0.0857%. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase (a major US trading platform) and the average price in the global market. A negative premium usually reflects significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflow.