Trump claims the "Genius Act" is under threat from banks, emphasizing the protection of the crypto industry

On the 28th day of the US-Iran war, JPMorgan stated that Bitcoin has passed the qualification exam for "digital gold."

JPMorgan's report points out that during the ongoing war in Iran, Bitcoin has shown demand similar to that of safe-haven assets, with stable capital flows, in contrast to the trend of gold, which is historically experiencing consecutive declines. This demonstrates Bitcoin's resilience in geopolitical crises, prompting a market reassessment. JPMorgan's analysts believe that Bitcoin has exhibited its potential as digital gold, but uncertainty remains for the future.

Gold plummets, "safe haven for funds" changes hands? JPMorgan: During the war, "Bitcoin becomes the new darling of hedging."

JPMorgan pointed out that in the Middle East conflict, Bitcoin has shown strong resilience against declines, with significant inflows and active trading, while gold and silver are facing capital outflows. Under pressure from high interest rates and a strong dollar, gold prices have fallen by about 15%. With its borderless characteristics, Bitcoin has become a safe-haven choice, and institutional investors are also adjusting their positions, indicating a decrease in gold liquidity while Bitcoin liquidity is increasing.

Former Morgan Stanley vice president submitted 550 resumes after being laid off, but returned empty-handed a year later.

Former Morgan Stanley deputy vice president Valerie Lockhart faced a prolonged yearlong job search after being laid off. Despite submitting more than 550 resumes, she received no offers. Family financial pressure was enormous, and she even launched a GoFundMe fundraising campaign. Although she eventually found a temporary contract job, she continued to search for work, struggling with employers’ high standards for candidates.

Bitmain is named for national security risks! U.S. senators urge the Commerce Department to investigate; Trump’s son holds shares in a company that once purchased 16,000 mining machines.

Senator Warren of the Democratic Party sent a letter to the Secretary of Commerce, asking for clarification on national security concerns regarding the Chinese Bitcoin mining manufacturer Bitmain, particularly concerning the Trump family's stake in American Bitcoin's purchase of mining machines. U.S. authorities have launched an investigation, worried that the related equipment could be used for espionage activities or pose a threat to the power grid's security. Bitmain and American Bitcoin deny any security issues, stating that they comply with the law. This issue reveals the tension between politics and national security.

The President of South Korea has nominated Shin Hyun-sung as the new governor of the central bank, and he holds a negative stance towards the stability of the Korean won stablecoin.

Gate News reports that on March 28, South Korean President Lee Jae-myung nominated Shin Hyun Song, head of the Monetary and Economic Department of the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. Shin Hyun Song is known as a "pragmatic hawk" and has a negative stance towards the Lee government’s push for a won-pegged stablecoin. Shin believes that in countries with severe exchange rate fluctuations and vulnerability to capital outflows, stablecoins can easily become tools for capital flight, and stablecoins pegged to the local currency may accelerate this trend.

The U.S. has bombed Iranian nuclear facilities and steel mills again! Several countries in the Persian Gulf have faced retaliation, Brent crude oil surged to $106, and Bitcoin reached $66,000.

The US-Israeli coalition conducted airstrikes on Iran's nuclear facilities and steel mills, prompting Iran to retaliate against multiple countries, causing damage in places like Kuwait, Doha, and Tel Aviv. Financial markets were shaken, with Brent crude oil prices surpassing $106. Trump announced that the US has multiple strike targets and is considering increasing troop levels in the Middle East to respond to the situation.