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The New Hampshire Business Finance Authority plans to issue approximately $100 million in Bitcoin-backed municipal bonds, according to Bloomberg. The bonds have been rated Ba2 by Moody’s, two notches below investment grade, marking the first time the agency has rated a Bitcoin-collateralized bond. Principal and interest payments will be supported by revenue generated from the Bitcoin held as collateral. The bonds include a price-linked liquidation clause that triggers a forced sale of the collateral based on price fluctuations to protect repayments. The debt is not guaranteed by the taxing power of the state of New Hampshire. The New Hampshire Business Finance Authority is a public financial institution established to support the state's economic development.

Cryptocurrency asset management firm CoinShares, known for its crypto ETFs, is listing on the U.S. Nasdaq stock exchange through a merger with a Special Purpose Acquisition Company (SPAC). Trading is set to begin today, April 1. The newly formed holding company, CoinShares PLC, will trade under the ticker CSHR. The company had previously achieved a valuation of $1.2 billion through several funding rounds. Founded in 2014, CoinShares is a leading European virtual asset manager that provides structured products and funds for both institutional and retail investors. The firm currently has $6 billion in assets under management (AUM).

According to CME Fed Watch, the probability of the U.S. Federal Reserve holding interest rates steady in April stands at 98.4%, with a 1.6% chance of a 25 bp hike. By June, the probability of a rate hold is 94.6%, with a 3.9% chance of a 25 bp cut and a 1.5% chance of a 25 bp hike.

A critical security vulnerability has been fixed in Zcash nodes that could have allowed attackers to bypass proof verification for the older 'Sprout' anonymous pool, Decrypt reported. The Zcash development team released an emergency patch, version v6.12.0, last Tuesday to address the issue. Had a malicious miner exploited the flaw, they could have stolen 25,424 ZEC, worth approximately $6.5 million, remaining in the Sprout pool. No actual attacks occurred.

According to Cointelegraph, S&P Dow Jones Indices has tokenized its iBoxx U.S. Treasury indices on the Canton Network, an institutional blockchain supported by entities including Goldman Sachs. The move is significant for applying benchmark data, a key standard for financial products, to a blockchain system. This project, carried out in collaboration with digital asset data firm Kaiko, allows institutions to use real-time index data without complex licensing procedures. The market for tokenized U.S. Treasurys is currently valued at around $12.5 billion, making it the largest segment among all asset classes.

Chainalysis plans to introduce a blockchain intelligence agent to its platform, Cointelegraph reported. The company will provide users with AI-powered investigative capabilities, with a phased rollout scheduled for this summer. Chainalysis CEO Jonathan Levin said the company is starting with investigations and compliance, the areas where it can have the greatest impact.

Eleanor Terrett, host of Crypto in America, reported via X that poll results show 80% of cryptocurrency supporters are enthusiastic about the midterm elections.

Mark Connors, founder of Risk Dimensions, suggested that Bitcoin's recent underperformance against the S&P 500 could set the stage for a rebound, CoinDesk reported. He noted that since early October of last year, Bitcoin has lagged behind the S&P 500 index, marking the longest such period on record. Historically, Connors explained, this type of imbalance has preceded a rally. If this pattern continues, he said, Bitcoin could enter a phase where its relative weakness transforms into new demand. However, he stressed that the timing will depend more on geopolitical factors than market structure. Connors pointed to the conflict in Iran, stating that its effects on energy markets, liquidity, and global risk appetite will determine the pace of any shift in investor sentiment, a process he suggested could take anywhere from two months to two years.

The three major U.S. stock indices closed higher today. - S&P 500: +2.91% - Nasdaq: +3.83% - Dow Jones: +2.49%

Will Peck, head of crypto at U.S. asset manager WisdomTree, said that pending crypto legislation, including a market structure bill, is not a prerequisite for the firm's innovation and expansion plans. In an interview with CoinDesk, he stated that the U.S. Securities and Exchange Commission (SEC) already has everything it needs to foster a healthy market for tokenized securities and funds. Peck explained that while a market structure bill would be constructive for the industry, it is not the key driver of progress.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Cryptocurrency custody firm BitGo has launched a portfolio-based crypto lending platform for institutional investors. According to Cointelegraph, the platform allows users to lend and borrow within a single account using a variety of digital assets as collateral, including highly liquid tokens and staked positions. The system integrates borrowing, lending, and collateral management into a single workflow, replacing the previous process of manually transferring assets between separate wallets.

The Haverhill City Council in Massachusetts is considering an ordinance to ban the installation of cryptocurrency ATMs, Cointelegraph reported. The sponsor of the ordinance emphasized that crypto ATMs could pose potential risks, exposing residents to financial fraud and money laundering. If the ordinance is passed, all crypto kiosks and ATMs within Haverhill would be required to be removed within 60 days. Violators would face a fine of $300 per day.

A whale wallet (starting with bc1quv) that had been dormant for five years has transferred 5,500 BTC, worth approximately $366 million, to a new address. The funds were originally withdrawn from Gemini six years ago at an average price of $7,129 per BTC.

Bloomberg analyst James Seyffart stated that even if there is less than a 5% chance of a significant breakthrough in quantum computing within the next five to 10 years, it is still necessary to have practical countermeasures in place. He added that while some people underestimate the technology and are quick to dismiss it, the potential threat is worth preparing for even if the probability is low. Meanwhile, the discussion around the threat of quantum computing to the crypto industry, which had been dormant for some time, has been revived following a report from Google's Quantum AI team suggesting that Bitcoin could be vulnerable to such attacks sooner than previously thought.

Tony Pecore, a director at global asset management firm Franklin Templeton, has predicted that Bitcoin will reach a new all-time high in 2026, U.Today reported. He stated that this year is expected to be very positive for Bitcoin amid continued institutional buying. Pecore noted that institutional demand for the cryptocurrency has not slowed despite its drop from $126,000 to $60,000, adding that these investors are preparing for a significant step forward. However, he identified the U.S. midterm elections later this year as the biggest potential obstacle, explaining that political uncertainty and the possibility of a restructuring of regulatory agencies could temporarily dampen institutional investor sentiment in the fourth quarter.

The Nasdaq Composite has extended its intraday gains to 3.03%. The S&P 500 is currently up 2.18%, and the Dow Jones Industrial Average has risen 1.22%.

Iranian President Pezeshkian stated on March 31 that Iran has no intention of starting a war but is willing to end the conflict if there is a guarantee it will not be attacked further. He claimed that the military actions of the U.S. and Israel are unprecedented crimes and violations of international law, adding that Iran had engaged in negotiations in good faith before being attacked. Pezeshkian also said that countries hosting U.S. military bases failed to prevent those bases from being used in attacks against Iran and emphasized that stopping the aggression is the way forward. He reiterated that Iran is willing to end the conflict if security guarantees are provided and urged Europe to abandon its current approach and engage in professional cooperation consistent with international law.

Michael Wu, CEO of global crypto trading and market-making firm Amber Group, described the 2022 collapse of FTX as the biggest crisis of his life in a recent interview with OKX. He noted that while the company had once grown to a $10 billion valuation with 1,300 employees, the FTX collapse led to unavoidable large-scale restructuring and losses, causing the firm to shrink rapidly. Wu stated that the key lesson from the bankruptcies of FTX and Three Arrows Capital is the paramount importance of resilience and risk management in business operations, adding that life and business do not always grow in a linear fashion. He also identified the core vision for the blockchain industry as becoming the key infrastructure for an economy based on artificial intelligence agents.

The stablecoin market is projected to grow to $2 trillion by 2028, according to global investment bank Standard Chartered (SC). In a report, the bank stated that stablecoin transactions are continuously expanding and have the potential to grow approximately fivefold by that year. The velocity of circulation has doubled over the past two years, and transaction frequency is also increasing. SC explained that this market growth is being driven by rising demand for artificial intelligence (AI)-based payments and the expanding use of stablecoins as an alternative to traditional finance.

According to CoinNess market monitoring, BTC has risen above $68,000. BTC is trading at $68,000.37 on the Binance USDT market.

Cardano (ADA) founder Charles Hoskinson has warned that the crypto market structure bill (CLARITY) could take more than 10 years to be implemented and may be exploited by shifting political powers in the process. He predicted that the bill would ultimately not survive a future administration. In an interview with CoinDesk, Hoskinson explained that even if the bill passes, it would take years to create the implementing rules, potentially delaying full enforcement for up to 15 years. He added that hostility toward crypto has grown in politics, particularly among Democrats, since the collapse of FTX. This has fostered a regulatory environment where new projects are treated as securities by default, which he noted is advantageous for existing tokens like ADA, XRP, and ETH but structurally disadvantages new projects.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

The number of active Dogecoin (DOGE) addresses jumped by 28% this week to approximately 73,000, but the token's price has failed to gain momentum, The Crypto Basic reported. According to the outlet, on-chain data suggests growing interest in the Dogecoin network. However, this positive on-chain environment contrasts with DOGE's price, which has remained in a bearish zone. The price fell by 2.55% during the same period that active addresses increased. The analysis also noted that on its four-hour chart, DOGE appears to be trapped in a descending triangle pattern, continuing to set lower lows.