Huoxun Finance reported on March 29 that, according to official data, in the seven days ending March 26, Circle issued approximately 3.8 billion USDC and redeemed approximately 4.9 billion USDC, resulting in a decrease in circulating supply of approximately 1.1 billion USDC. The total circulating supply of USDC is 78 billion, with reserves of approximately $78.2 billion, including approximately $44.1 billion from overnight reverse repurchase agreements, approximately $22.4 billion from Treasury bonds with maturities of less than three months, approximately $11.1 billion from systemically important institution deposits, and approximately $600 million from other bank deposits.

According to Huoxun Finance, the market experienced significant volatility. SXP fell 12.31% in the last 24 hours, while PORTAL hit a new low for the week, falling 13.32%. HUMA, however, showed signs of a "bottoming out and rebound," rising 6.12% in the last 24 hours. Among other tokens, AEVO, MET, WCT, and PROVE all hit new lows for the day or the week, falling 6.04%, 5.29%, 11.56%, and 7.88% respectively; BROCCOLI714 hit a new high for the day, rising 5.08%.

According to a report by Odaily Planet Daily on March 29, Iranian Parliament Speaker Qassem Ghalibaf stated that while the United States outwardly talks about negotiations, it is secretly planning a ground offensive. Ghalibaf claimed that the Iranian armed forces are "awaiting" a US ground offensive and will "punish" its regional allies. Previously, US sources indicated that the Pentagon was preparing for a "week-long ground operation" in Iran. It remains unclear to what extent US President Trump will approve the Pentagon's operational plans. (CCTV News)

According to Huoxun Finance, analysts point out that BTC has still failed to regain its realized price after removing long-term inactive supply. This adjustment, by excluding Bitcoin supply held for more than 7 years, more accurately reflects the actual circulating supply—filtering out lost Bitcoin and long-term inactive "diamond hands" positions. After this adjustment, the realized price of Bitcoin is approximately $72,500, currently forming a resistance level, below which BTC has been trading for about two months. In previous bear markets, BTC has remained below this cost basis for 6 to 10 months, failing to effectively recover this level during that period. If this pattern repeats, BTC may still face pressure in the coming months, and the price will likely continue to trade below $72,500.

According to Huoxun Finance, a Bitgo escrow address transferred 5.48 million Trump tokens, worth approximately $16.06 million, to OKX in the past two hours. On-chain tracking shows that the funds originated from an address allocated by the Trump team. This address previously deposited 18.14 million Trump tokens, worth approximately $81.64 million, about two months ago. The transferred funds may be used for subsequent trading operations.