24H Hot Cryptocurrencies and Key News｜White House Assesses Extreme Contingency Plan for Oil Prices Exceeding $150; OpenAI Completes $122 Billion Financing Round, Valuation Reaches $852 Billion (April 1)
- Core View: Market data indicates subdued price volatility for mainstream cryptocurrencies, while some altcoins and tokenized stocks show active performance; at the industry level, declining activity in the Solana ecosystem draws attention, while significant financing progress is seen in the AI, space computing, and stablecoin infrastructure sectors.
- Key Elements:
- Market Data: 24-hour price changes for major CEX-listed coins mostly remain within ±2%, while altcoins like RAY and SKL surge over 20%, with tokenized stock DEFT posting a single-day gain of 57.31%.
- Solana Status: Solana network DEX trading volume drops to its lowest point since September 2024, with network fees declining consecutively; its market share faces challenges from Ethereum Layer 2 solutions.
- Technical Threat: Google Quantum AI research claims optimized algorithms could crack Bitcoin private keys within 9 minutes, indicating quantum attack threats are moving towards practical engineering.
- Corporate Developments: Bitcoin mining firm Bitfarms plans to liquidate its BTC holdings to fully pivot towards AI infrastructure development; SpaceX is preparing for an IPO with a valuation of $1.75 trillion.
- Financing Focus: Stablecoin clearinghouse Better Money, cross-border remittance company OpenFX, and space computing firm Starcloud each secure financing exceeding $100 million, signaling capital concentration towards infrastructure and frontier fields.
- Regulatory Progress: The issuance of Hong Kong's first batch of compliant stablecoin licenses is delayed; the HKMA states it is fully advancing the process, with market attention on potential licensees like HSBC and Standard Chartered.
1. Top Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Changes:
- BTC: -0.13%
- ETH: +0.99%
- SOL: -1.04%
- XRP: -0.16%
- BNB: -0.11%
- DOGE: -0.42%
- TRX: -1.78%
- ZEC: +7.57%
- NIGHT: +9.62%
- XAUT: +1.45%
24-hour Top Gainers (Data Source: OKX):
- RAY: +20.61%
- SKL: +20.06%
- ALGO: +18.69%
- ILV: +14.02%
- BLUR: +13.36%
- WET: +9.73%
- NIGHT: +9.23%
- MON: +8.40%
- ZEC: +7.60%
- QTUM: +6.95%
24-hour Top Gainers - Tokenized Stocks (Data Source: msx.com):
- DEFT: 57.31%
- VCX: 21.6%
- FLY: 21.21%
- SOXL: 21.2%
- CONL: 19%
- ABTC: 17.51%
- APLD: 16.67%
- BBAI: 16.45%
- SATL: 15.49%
- MRVL: 15.21%
2. Top 5 On-chain Meme Coins (Data Source: GMGN):
- CHICKY
- BIP360
- Buddy
- BELIEVE
- 80085
Headlines
According to informed sources and individuals close to the White House, as the Iran war enters its second month, senior White House aides and government officials are discussing the possibility of oil prices surging to $150 per barrel or even higher. Two industry officials in contact with the White House stated that officials are assessing the economic impact of high oil prices and considering measures, including the use of additional emergency powers, to reduce costs. President Trump has also been briefed by the Treasury Department on the near-term outlook for energy prices. The U.S. Treasury currently believes oil prices may remain above $100 per barrel for some time. Sources said the government views this figure as a "baseline" and does not rule out the possibility of oil reaching $200 per barrel. Another informed official revealed the government is exploring all possible ideas to ease oil prices, including exercising emergency powers and addressing supply chain disruptions in the Strait of Hormuz on national defense grounds.
OpenAI Completes $122 Billion Funding Round, Valuation Reaches $852 Billion
OpenAI announced the completion of its latest funding round, securing $122 billion in committed capital, bringing the company's post-money valuation to $852 billion.
The company stated this funding will be used to scale AI capabilities, accelerating the delivery of "useful intelligence" to global users earlier and more broadly, thereby enabling rapid diffusion of technology and applications. OpenAI emphasized its core goal is to create a "compounding effect" of AI capabilities globally by enhancing accessibility, driving sustained growth in productivity and innovation.
Industry News
Solana DEX Volume Drops to Lowest Since September 2024, Market Focuses on $80 Support Level
Solana's native token SOL has fallen approximately 11% after encountering resistance at $93 last Wednesday, significantly underperforming the broader crypto market recently and repeatedly testing the $80 support level. Concurrently, Solana network fees have declined for two consecutive months, raising market concerns that its price may further test the $75 level. On-chain data shows Solana's current Total Value Locked (TVL) is approximately $6.3 billion, still significantly behind Ethereum's $54.1 billion. However, Solana network fees over the past 30 days remain 80% higher, primarily because Ethereum has reduced mainnet fees through Layer2 Rollups and data blob mechanisms.
Specifically, Solana's March network fees dropped to $18.5 million, down 42% from $30 million in January, mainly due to shrinking decentralized exchange (DEX) trading volume. Data shows Solana DEX volume fell to $55.5 billion, the lowest level since September 2024. In comparison, Ethereum's March DEX volume was $41 billion, down 23% from two months ago. However, when including Layer2 networks like Base, Arbitrum, Polygon, and Optimism, their combined DEX market share has risen from 33% in January to 42%, challenging Solana's dominance and partly explaining SOL's current pressured performance.
Quantum Threat Escalates: Google Research Claims Bitcoin Can Be Cracked in 9 Minutes
Latest research from Google's Quantum AI team indicates that by optimizing Shor's Algorithm, under conditions of approximately 500,000 physical qubits, Bitcoin private key derivation can be completed in about 9 minutes, a timeframe close to the block generation cycle, creating a realistic attack window.
The research also points out that approximately 6.9 million BTC are potentially at risk due to exposed public keys, indicating quantum attacks are moving from theory to the engineering phase.
Project News
Sources: SpaceX Collaborates with 21 Banks to Prepare for IPO
Sources revealed on Tuesday that SpaceX is working with at least 21 banks to prepare for its blockbuster IPO, forming one of the largest underwriting syndicates in recent years. The internal code name for this IPO is "Apex," scheduled for June, with an expected valuation of $1.75 trillion, poised to become one of Wall Street's most highly anticipated stock market debuts. Sources said Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup are acting as active bookrunners, the banks leading the transaction management. They added that another 16 banks have signed on to play smaller roles, with about half of these banks not previously reported. The size of the underwriting syndicate highlights the scale and complexity of the proposed offering.
MagicEden: Wallet to Be Delisted Today, Entering Export-Only Mode
DEGEN NEWS posted on X platform stating that the MagicEden wallet will enter export-only mode and be delisted from app stores today (April 1). If users lose access to their device or the downloaded app version, they will be unable to access any wallets.
Bitfarms Plans to Liquidate All Bitcoin from Balance Sheet, Fully Transition to AI Infrastructure
Bitcoin miner Bitfarms (BITF) confirmed during its Q4 earnings call that the company has begun selling its Bitcoin holdings and plans to continue selling until its balance sheet Bitcoin holdings reach zero. CEO Ben Gagnon stated the company will "sell opportunistically when the market is strong" while continuing mining operations to "maximize free cash flow before selling mining machines." According to BitcoinTreasuries.net data, Bitfarms still holds 1,827 BTC, having realized $28.2 million in gains from Bitcoin sales in 2025.
Bitfarms is advancing a 2.2-gigawatt pipeline for AI and high-performance computing data center development, targeting AI-driven revenue generation starting in 2027. Shareholders have approved relocating the company's domicile to the United States and renaming it Keel Infrastructure (KEEL), expected to be completed around April 1, 2026, after which the stock will trade under the ticker KEEL.
Investments & Financing
Former a16z Crypto Investor Raises $10 Million to Launch Stablecoin Clearinghouse Better Money
Former a16z crypto investor Sam Broner announced the co-founding of The Better Money Company with university friend Adam Zuckerman, completing a $10 million seed funding round. a16z crypto led the round, with participation from BoxGroup and Sunflower Capital, and angel investors including Circle co-founder Sean Neville and former Microsoft executive Charlie Songhurst. The company aims to establish a stablecoin clearinghouse, providing clients with low-cost services for exchanging different USD-pegged tokens.
Cross-Border Remittance Startup OpenFX Completes $94 Million Funding Round Led by Pantera and Others
According to Reuters, foreign exchange market-making and cross-border remittance startup OpenFX completed a $94 million funding round. This round was led by institutions including Accel, Lightspeed Faction, M13, Northzone, and Pantera, with a post-money valuation of approximately $500 million.
OpenFX uses stablecoins as a bridge connecting the banking system with blockchain infrastructure to provide faster, lower-cost settlement services for large cross-border funds. OpenFX plans to use the funds to expand into Southeast Asian and Latin American markets.
MetaPlanet Receives $255 Million in Funding, May Purchase Over 3,800 BTC
MetaPlanet has received the previously announced funding from global institutional investors, totaling $255 million. At current prices, this capital would allow it to purchase over 3,800 BTC, potentially making it the world's third-largest corporate holder of BTC.
Crypto Investment Firm Keyrock Completes Series C Round Led by SC Ventures
Belgian digital asset services company Keyrock completed a Series C funding round led by SC Ventures, the venture arm of Standard Chartered Bank, reaching an $11 billion valuation. Ripple participated as an existing investor. The round remains open, with a total potential size of up to $100 million. The new funds will be used to strengthen the balance sheet, expand service offerings, and pursue acquisition opportunities.
Starcloud Completes $170 Million Series A Funding, Valuation Reaches $1.1 Billion
Space computing startup Starcloud completed a $170 million Series A funding round led by Benchmark and EQT Ventures, achieving a company valuation of $1.1 billion, with total cumulative funding reaching approximately $200 million.
Reports indicate Starcloud plans to launch Starcloud 2 this year, equipped with Nvidia Blackwell chips, AWS servers, and Bitcoin mining machines, positioning it as a space computing platform. The company is also developing the Starcloud 3 data center spacecraft, intended for launch via SpaceX's Starship.
Regulatory Developments
The issuance of Hong Kong's first batch of issuer licenses, originally scheduled for March 2026, has not materialized as planned. A spokesperson for the Hong Kong Monetary Authority (HKMA) responded that the HKMA is fully advancing the licensing matters and will announce updates in due course. Regarding which entities will receive Hong Kong's first stablecoin licenses, market focus has generally been on the two Hong Kong note-issuing banks, HSBC and Standard Chartered. HSBC has not publicly disclosed whether it has submitted a stablecoin license application. However, as early as mid-January this year, market sources indicated HSBC had a high chance of securing a first-batch license. There is currently no official disclosure explaining the delay in the license issuance timeline compared to the预告. Sources close to the stablecoin license application process revealed that the HKMA has been in close contact with the first batch of potential compliant licensees recently, with modification suggestions still being proposed regarding issuance matters. Furthermore, applications for the second batch of Hong Kong compliant stablecoin licenses are also underway. Reliable sources indicate that Futu Securities and OSL Group are strong contenders for the second batch of licenses.
Voices
Iranian President: Willing to End War if Guarantees Are Provided
Iranian President Pezeshkian stated that Iran has no intention of starting a war but is willing to end the conflict if guarantees are provided to ensure it will not be attacked again. Pezeshkian called the military actions by the United States and Israel unprecedented crimes and violations of international law, noting that Iran had engaged in good-faith negotiations before being attacked. He also stated that countries hosting U.S. military bases failed to prevent those bases from being used to attack Iran. Pezeshkian pointed out that stopping aggression is the way forward; if security guarantees can be provided, Iran is willing to end the conflict. He urged Europe to abandon its current approach and called for professional cooperation consistent with international law.
