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According to BIT analysis, Circle's stock price surged 16% overnight and is currently approaching the March 2026 high. This week may become a key point for the advancement of the CLARITY Act. The market generally believes that Circle is the most direct beneficiary, and this increase also reflects that the market is pricing in expectations that regulatory uncertainties are likely to ease. It is worth noting that the overall market capitalization of USDC has maintained steady growth recently.This round of increase for Circle more reflects the market's early pricing of potential policy and regulatory benefits rather than a significant improvement in short-term fundamentals. If the regulatory rules for digital assets become clearer, it is expected to not only support Bitcoin but also encourage more institutions to participate in the market.

According to The Block, the crypto anti-quantum computing solution Project Eleven released a report warning that the critical point for quantum computers to crack modern encryption, known as "Q-Day," could arrive as early as 2030, with a probability of over 50% by 2033. The report predicts that advancements in quantum computing will be explosive rather than linear, and the combined effects of hardware and algorithms could lead to a leap in capabilities that is "either completely silent or suddenly explosive."Last month, researchers used quantum hardware to derive a 15-digit elliptic curve key. Although this is still far from cracking the 256-bit encryption used by Bitcoin, it constitutes a preliminary validation. Project Eleven estimates that approximately 6.9 million Bitcoins may face quantum risks under specific conditions.

Nic Puckrin, co-founder and CEO of Coin Bureau, posted on the X platform that Bitcoin has surpassed the $80,000 mark, reaching a nearly three-month high, and has re-entered several key technical and on-chain indicator ranges, including the CME gap (between $79,000 and $84,000) midpoint, bull market support zone, and has risen above the short-term holder realized price and the true market average.Nic Puckrin analyzed that if the Bitcoin price can stabilize in the current range, the next levels to watch include the ETF average cost range around $83,000 and the upper edge of the CME gap around $84,500. Overall, Bitcoin's short-term trend has entered a critical verification phase, and the market may welcome a more volatile trading window.

Eric Trump, the second son of Trump, responded to Forbes' criticism of his significant arbitrage through the Bitcoin business, which harms MAGA investors. Eric stated that Forbes has become a disgrace in the journalism industry. Just over a year ago, his Bitcoin company American Bitcoin (ABTC) did not exist. 7 months and 25 days ago, ABTC was listed on Nasdaq, and today it holds over 7,000 Bitcoins, becoming the 16th largest publicly traded Bitcoin company in the world, backed by a massive cluster of nearly 90,000 mining machines and a computing power of 28 EH/s, using the highest quality energy in the United States.In just the fourth quarter, the Bitcoin on the balance sheet increased by 58%, with mining costs 53% lower than the market price of Bitcoin, and fourth-quarter revenue reached $78.3 million, a quarter-over-quarter increase of 22%. American Bitcoin can be said to be the company that has entered the "top 100" ranking in this field at the fastest speed, and it is actively expanding its mining scale every day. This narrative is strikingly similar to Forbes' rhetoric from years ago.According to previous reports from ChainCatcher, Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool specifically designed to exploit those investors who support MAGA (Make America Great Again).

Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool designed to exploit investors who support MAGA (Make America Great Again). American Bitcoin was established in 2025 and quickly went public on NASDAQ, leveraging the Trump family brand and the Bitcoin craze to push its valuation to $13.2 billion.Eric Trump vigorously promoted the company as the "leader in the Bitcoin world" during the earnings call, but the actual company has only a few full-time employees and mainly relies on story marketing rather than solid operations. The company continuously sells overvalued stock to buy Bitcoin, while Eric has almost no investment, yet has increased his personal wealth from about $190 million to $280 million, with other insiders also profiting significantly.Meanwhile, ordinary investors, especially MAGA supporters, have suffered heavy losses. Over the past eight months, American Bitcoin's stock has dropped about 92% from its peak, resulting in cumulative losses of about $500 million for investors. Forbes questions the actual profitability of American Bitcoin's Bitcoin mining business, believing that its advertised "half-price mining" is difficult to achieve and is more about using the Trump brand for high-priced stock dumping.

Market news: Security personnel disclosed a critical vulnerability in Cosmos CometBFT 0-day, which may cause block synchronization phase stagnation affecting over $8 billion in assets.

According to CoinDesk, Liz Truss, the former Prime Minister of the UK with the shortest term, stated in an interview that the UK economy is on a "very negative trajectory," with high taxes, excessive regulation, and energy costs making it so that the risks for entrepreneurs "often do not justify the returns." She attributed inflation and wealth inequality to "currency devaluation" and pointed out that discussions about monetary policy within the government have become "taboo," a phenomenon that is "quite disturbing."Truss expressed that she is "very interested" in Bitcoin, believing it to be an important tool against currency devaluation and to resist centralized financial control, and revealed that she had come into contact with Bitcoin as early as during her time as Chief Secretary to the Treasury.She is currently actively preparing for CPAC UK, planning to hold a three-day conference to unite entrepreneurs and activists to promote the "sovereignty and freedom" movement, stating bluntly: "There are only two choices, either sink or change completely."

According to a report by CryptoSlate, the White House Economic Advisory Council recently released a research report indicating that banning the yield on stablecoins has very limited protective effects on bank loans, yet it significantly reduces consumers' ability to earn returns through digital cash. This conclusion directly challenges the core argument of the banking industry supporting the yield ban and provides new policy backing for the advancement of the CLARITY Act.Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly expressed support for the bill, indicating a convergence of positions between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for the bill's review, and political maneuvering remains the biggest variable.Analysts point out that if the committee can complete its review before the summer recess, the probability of the bill passing will significantly increase; otherwise, it will face the dual risks of election pressure and legislative delays.

The People's Daily of China published an article titled "Disrupting the Capital Market, These Chaos of Financial Self-Media Accounts Need to Be Vigilant," which specifically names certain accounts that attract traffic for virtual currency trading by posting false profit information such as "hundred times coin" and "making millions a month from trading coins."The article again cites a previous notice from the central bank and eight other departments, emphasizing that activities related to virtual currencies are considered illegal financial activities. It points out that accounts and platforms providing traffic and technical services for illegal virtual currency trading are suspected of violating laws and regulations, which may threaten financial security and anti-money laundering efforts.

JAN3 CEO Samson Mow posted on the X platform, stating that the current response to the threat of quantum computing (QC) to Bitcoin should not be rushed. Blindly and hastily switching from the existing signature mechanism to post-quantum (PQ) solutions may expose Bitcoin to the risk of classical computing attacks in the short term. The size of PQ signatures could increase by 10 to 125 times, significantly reducing network throughput and potentially triggering a repeat of the scaling disputes similar to the early "block wars."In addition, Samson Mow warned that some PQ solutions may have potential backdoor risks. The threat of quantum computing is still in the medium to long-term stage (which may take 10 to 20 years). The more reasonable path currently is to continue research rather than rush deployment. He also specifically mentioned Coinbase, stating that its wallet has quantum attack vulnerabilities due to address reuse, and suggested prioritizing the repair of related infrastructure issues.

Renowned on-chain detective ZachXBT has once again criticized Circle, stating that the Drift hacking incident occurred during U.S. trading hours, with millions of USDC transferred from Solana to Ethereum via CCTP (Circle's cross-chain protocol), while Circle remained inactive and took no action.A few days ago, Circle casually froze at least 16 corporate hot wallets, which are still slowly being unfrozen. ZachXBT concluded, "Circle is the bad actor in this industry."

The privacy coin Zcash recently disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately 6.5 million USD) from the deprecated Sprout privacy pool. Security researcher Alex "Scalar" Sol disclosed on March 23 that the vulnerability stemmed from the zcashd node skipping proof verification when processing transactions involving the Sprout pool.The official statement indicated that the vulnerability had existed since July 2020 but had not been actively exploited, and user funds remained safe at all times. The development team has released version 6.12.0 to complete the fix, and mainstream mining pools have completed the upgrade deployment within a few days. Additionally, the unaffected Zebra full node implementation has the capability to trigger a chain fork, providing extra protection in the event of exploitation.It was disclosed that although the Sprout pool closed to new deposits in November 2020, approximately 25,424 ZEC remained untransferred. Even if the vulnerability were exploited, Zcash's "turnstile" mechanism would prevent inflationary issuance, ensuring that the total supply would not be breached. This vulnerability was discovered with the assistance of AI, and the researcher will receive a total bounty of 200 ZEC (approximately 51,000 USD). It is worth noting that this is not the first time Zcash has encountered a significant vulnerability; as early as 2019, it had fixed a serious flaw that could lead to unlimited issuance.

According to The Street, veteran investor Simon Dixon publicly criticized the Bitcoin accumulation strategy promoted by Michael Saylor, stating that it may exacerbate the centralization risk of Bitcoin.Currently, Strategy holds approximately 762,000 BTC, accounting for over 3% of the total supply. The company recently launched a $42 billion ATM financing plan, intending to continue accumulating Bitcoin.Dixon pointed out that this model deeply binds Bitcoin to the traditional financial system, making it more susceptible to short-term trading and price manipulation, deviating from the original intention of decentralization. He suggested returning to self-custody and long-term holding strategies, rather than centralized allocation through publicly listed companies.

According to CoinDesk analysis, as the pressures from scalability challenges, quantum technology, and artificial intelligence continue to grow, Ethereum is at a critical juncture in high-risk balancing strategies. In the first three months of 2026, the Ethereum ecosystem faces multiple structural pressures. Vitalik Buterin sharply criticized the Layer2 scaling path at the beginning of the year, pointing out that many Rollup designs rely on centralized components and isolated environments, failing to truly inherit the security guarantees of the mainnet, leading to ecosystem fragmentation and inconsistent security assumptions.Meanwhile, the Ethereum Foundation has incorporated the threat of quantum computing into its recent planning, advancing research on LeanVM and post-quantum signature schemes. Internally, Tomasz Stańczak, the co-executive director of the Ethereum Foundation, has left after about a year in office, a change seen as a signal of the foundation's internal realignment of priorities. Additionally, the foundation is accelerating its layout for decentralized AI research, attempting to position Ethereum as the "trust layer" for AI systems, used for verifying outputs, coordinating agents, and supporting machine-to-machine economic activities.Overall, Ethereum can no longer handle these issues in isolation; they are interwoven. The network is being pulled in multiple directions simultaneously, making it increasingly difficult to maintain balance. Unlike previous cycles, the current predicament is more about structure than short-term momentum. The short-term focus remains on mainnet scaling, with the planned Glamsterdam upgrade set to be a litmus test to determine whether the Ethereum network can successfully transform into a robust, quantum-resistant "trust layer" supporting the global AI economy.

F2Pool co-founder Wang Chun expressed on the X platform regarding the BIP-110 controversy that Bitcoin should not be sanctified and criticized some Bitcoin extremists for hindering technological innovation.He pointed out that some supporters view attempts at scaling or functional improvements as "altcoin attacks," using moral accusations to cover up a lack of innovation, transforming Bitcoin from an economic concept into a system with ideological overtones. Wang Chun stated that in the context of the continuous development of DeFi, privacy, and payment infrastructure, Bitcoin should not become a system that is "too rigid to evolve."

A bill in Kentucky, USA, aimed at regulating cryptocurrency ATMs (HB380), has sparked controversy in the industry due to newly added hardware wallet-related provisions. Critics claim that the regulation may "effectively ban self-custody."The bill originally focused on operators of virtual currency kiosks, covering licensing, compliance requirements, transaction limits, and user protection. However, in the latest revision, new provisions require hardware wallet providers to "offer mechanisms and assist users in resetting access credentials," including passwords, PINs, and recovery phrases. Industry insiders point out that this requirement conflicts with the core design of non-custodial wallets. Since private keys and recovery phrases are solely controlled by the user, wallet providers themselves cannot access or recover this information, making the provision technically difficult to implement.Institutions like the Bitcoin Policy Institute have stated that such regulations effectively create a "backdoor" for wallets, undermining the security of crypto assets and potentially forcing users to turn to centralized custodial services. The bill still needs to be reviewed by the state Senate, and the relevant provisions may still be modified or removed.