ARK Invest founder Cathie Wood says Bitcoin has entered a mature phase, and that the large drawdowns of the past may be behind us— even a future 50% pullback would be considered progress. She noted that Bitcoin has grown into a mature monetary system and asset class.

Polymarket’s probability for a ceasefire between the US and Iran before May 31 has fallen to 39%, down 12% within 24 hours. Total trading volume is approaching $85 million, and both sides must publicly confirm for a ceasefire to occur. Personnel changes in the U.S. military have triggered dissatisfaction among senior officials, adding to tensions.

Gate News message: On April 3, according to monitoring by The Data Nerd, the swing-trading whale pension-usdt.eth yesterday (April 2) increased its ETH short position by $41 million using 3x leverage. It currently holds a total ETH and BTC short position of about $107.5 million.

According to SoSoValue data, on April 2, the SOL spot ETF recorded a net inflow of $9.329 million for the day, all of which came from the Fidelity Solana Fund ETF. Its current total net asset value is $771 million, and its historical cumulative net inflows have already reached $980 million.

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit on April 3 against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets, and seeking to have federal courts bar state-level interference with prediction market activities that comply with federal regulations.

Gate News announcement, April 2, Tech investment platform Fundrise’s innovation fund VCX announced that it will partner with a certain CEX to tokenize its fund shares. The tokenized assets are named VCXx, will be listed for trading on that exchange’s xStocks platform, and investors can buy them using USDG or US dollars.

Gate News message, April 1, bolstered by a significant cooldown in U.S.-Iran geopolitical risk, U.S. equities’ tech seven giants (Meta, Nvidia, Google, Tesla, Amazon, Microsoft, Apple) all rebounded across the board today. Among them, Meta and Nvidia led the gains with 6.67% and 5.59%, respectively, while Google, Tesla, Amazon, Microsoft, and Apple rose in tandem by 2.9% to 5.14%, respectively. The easing of the geopolitical situation effectively lowered the global risk premium, prompting capital to flow back into high-beta growth assets.

March 31, US Cross River Bank completed a $50 million funding round, with a valuation exceeding $3 billion. The funds will be used to expand its artificial intelligence and cryptocurrency businesses. The participants were its existing investors, and no new shareholders were introduced.

Gibson Dunn law firm noted that although the joint guidance published by the SEC and CFTC has improved, it still does not fully address industry needs, especially regarding ambiguity in the Howey test and secondary market trading. The authors call on the crypto industry to provide feedback, urging the SEC to clearly define regulatory boundaries and avoid enforcement replacing regulation.