Gate News bot message, Whale address 0x1F09 sold 1,870 XAUT tokens valued at $9.49 million at a price of $4,489 per token nine hours ago. The whale had purchased these tokens two weeks prior at $5,075 per token, resulting in a loss of approximately $1.1 million on the transaction.

BlockBeats news, on March 29, according to monitoring by HyperInsight, "Brother Magic" Huang Licheng continues to increase his long positions, with a total position exceeding 15 million USD, the current positions are as follows: ETH long position valued at 10.85 million USD, opening price 2,041.14 USD; BTC long position valued at 3.71 million USD, opening price 66,720.1 USD; HYPE long position valued at 610,000 USD, opening price 38.8 USD.

Gate News reported that on March 29, the Turkish Parliament removed the tax provisions related to cryptocurrency assets during the deliberation of a comprehensive bill. Previously, the provision aimed to impose a 0.3% transaction tax on cryptocurrency transactions conducted through service providers and to implement withholding tax on cryptocurrency gains. This adjustment stemmed from strong opposition from the opposition party. Turkish officials stated that the relevant content may be reintroduced in the future as separate legislation.

On March 29, Majie Brother Huang Licheng increased his holdings in BTC, ETH, and HYPE, with a total position value of approximately $15.2 million. He holds long positions of 15,500 HYPE, 56 BTC, and 5,425 ETH, with liquidation prices of $18.9, $61,067, and $1,947, respectively, while also placing limit sell orders.

March 29th Cryptocurrency Market News: MicroStrategy's founder gives a bullish signal, analysts focus on Saudi production cuts, High points out that Bitcoin may have already bottomed. U.S. stocks may be approaching a short-term bottom, Canada plans to ban cryptocurrency political donations. The market needs to reset in order to start a new bull market.

Gate News reports that on March 29, despite several digital art projects debuting at the Hong Kong Basel Art Fair, the NFT market overall remains sluggish, showing no clear signs of recovery. Specifically, the listing price for Bored Ape 5278 in the "Bored Ape" series is currently just 7 ETH, down over 100 ETH from its last transaction price, reflecting a significant decline in the valuation of top NFT assets. Once regarded as a rapidly rising asset class, the NFT art market has notably cooled, with both liquidity and price performance continuing to face pressure.

U.S. Congressman Steven Horsford and Max Miller have released a draft discussion of the “Digital Assets PARITY Act,” aiming to establish a unified tax framework, promote the development of digital assets, and propose measures such as small-amount tax exemptions and deferred tax payments. It is still under discussion.

The Washington State attorney general filed a civil lawsuit against prediction market platform Kalshi, alleging it violated state law with prediction services covering sports events and other events. Kalshi denies the alleged violations and says it is confident it will prevail. This case is one of several lawsuits it is facing.

Gate News message: March 29, US Senator Thom Tillis’s office plans to publicly release next week proposed legislation related to stablecoin yield and reward mechanisms. It is still in ongoing discussions with industry stakeholders. The backdrop for this move is that some crypto industry participants, such as a certain CEX, have expressed dissatisfaction with the relevant provisions that were shown earlier this week. The CEX’s global investment research director, David Duong, said the industry is preparing a coordinated, unified counterproposal aimed at pushing for adjustments to the provisions to protect users while maintaining a sustainable rewards mechanism.

Gate News reports that on March 29, approximately 95% of the components in the Gold Miners ETF (GDX, VanEck Gold Miners ETF) have entered a bear market, the highest proportion since 2023, with a cumulative drop of 25% over the past four weeks. During this round of decline, the strengthening dollar and falling stock market triggered margin calls and forced selling, while the war in Iran has increased mining operational costs. Spot gold prices remain near historical highs, with mining stocks diverging from gold prices.