Crypto Market Daily Updates | The cryptocurrency market experienced volatile upward movement, with Bitcoin rebounding to $67,000. Strategy has accumulated 45,000 BTC in the past 30 days, marking the fastest rate of increase in nearly a year.

PANews · Mar 29 23:00

News on March 30 indicated that the cryptocurrency market experienced volatile upward movements. As of press time, $Bitcoin (BTC.CC)$ increased by 1.51%, reaching $67,527.64; $Ethereum (ETH.CC)$ rose by 2.89%, trading at $2,050.58.

Key Focus

Strategy has accumulated 45,000 BTC in the past 30 days, representing the fastest rate of increase in holdings over the past year.

On March 30, a recent report from CryptoQuant highlighted that $Strategy (MSTR.US)$ Strategy is currently the single largest buyer of Bitcoin reserves, having purchased approximately 45,000 BTC in the past 30 days—the fastest growth rate in nearly a year—with holdings accounting for about 76% of all reserve-focused companies.

Meanwhile, purchases by non-Strategy companies have dropped to around 1,000 BTC, a decline of approximately 99% from their peak, representing just 2% of total demand. New demand has nearly vanished, with related firms reducing purchase frequency to 13 instances (from a peak of 54), indicating a significant reduction in capital investment and participation. Overall market demand remains highly concentrated within Strategy.

BlackRock is recruiting a Managing Director for Digital Assets to lead initiatives in cryptocurrencies, stablecoins, and tokenization strategies.

Frank Chaparro, Director of Content and Special Projects at GSR, disclosed on X platform that $Blackrock (BLK.US)$ BlackRock is hiring a Managing Director for Digital Assets in New York, responsible for leading efforts in cryptocurrencies, stablecoins, and tokenization strategies. The role involves driving company-wide execution and managing key client relationships. The base salary for the position ranges from $270,000 to $350,000 annually, plus bonuses.

A member of the Hong Kong Legislative Council has launched the 'Hong Kong–Korea Web3 Policy Promotion Alliance,' focusing on AI and stablecoin regulation.

According to Hong Kong 01, Wu Jiezhong, a member of the Hong Kong Legislative Council, and Min Byung-deok, a member of the South Korean National Assembly, jointly initiated the "Hong Kong–South Korea Web3 Policy Promotion Alliance," which will focus on areas such as digital asset regulation, stablecoin mechanisms, blockchain infrastructure, and cross-border data flows. Both parties stated that they would promote regional regulatory coordination, facilitate the integration of digital assets with the real economy, and strengthen corporate and talent exchanges. Wu Jiezhong noted that Hong Kong has implemented a licensing system for virtual asset service providers and is advancing a regulatory framework for stablecoin issuers.

Goldman Sachs: Cryptocurrency Market May Be Approaching a Short-Term Bottom

According to CNBC, Goldman Sachs stated that after months of declines, cryptocurrency prices may be nearing a short-term bottom, with this round of corrections approaching the average levels of historical cycles. It pointed out that crypto-related stocks have fallen approximately 46% since their October 2025 peak, and current valuations are gradually becoming attractive, with optimism toward certain targets. $Robinhood (HOOD.US)$ 、 $Figure (FGRD.US)$ and $Coinbase (COIN.US)$ Meanwhile, Goldman Sachs warned that trading volumes could still decline further, potentially pressuring industry revenue and profits by about 2% and 4%, respectively, in 2026, with low trading volume phases typically lasting around three months before showing significant recovery.

Willy Woo: Traditional On-Chain Models Suggest Bitcoin Bottom May Be Between $46,000 and $54,000

According to analysis by on-chain analyst Willy Woo, traditional on-chain models suggest that Bitcoin’s potential bottom range may be between $46,000 and $54,000. The CVDD bottom model he cited currently stands at $45,500. The analysis noted that capital stored in the Bitcoin network has been continuously outflowing since November of last year. Willy Woo also cautioned that these models are based on data from only four previous bear markets, all occurring during a prolonged bull market for global risk assets. If this macro foundation collapses, the market may enter an unprecedented deeper bear market.

BNP Paribas Launches Bitcoin and Ethereum ETN Products for Retail Clients

BNP Paribas announced the expansion of its trading product offerings by launching six crypto-asset ETNs (Exchange-Traded Notes) linked to Bitcoin and Ethereum for retail clients in France. These products allow investors to gain indirect exposure to crypto-assets through securities accounts without directly holding BTC or ETH and will be provided under the MIFID2 regulatory framework. The relevant products will go live on March 30, 2026, with potential future expansion to more wealth management clients.

Morgan Stanley's spot Bitcoin ETF management fee rate is 0.14%, lower than all competitors.

$Morgan Stanley (MS.US)$ On March 28, Morgan Stanley submitted a revised S-1 filing to the SEC, announcing that its proposed spot Bitcoin ETF (MSBT) will charge an annualized 'sponsor fee' of 0.14%, making it the lowest fee for a spot Bitcoin ETF in the U.S. market. If approved, it will be lower than Grayscale's Bitcoin Mini Trust fee of 0.15% and 11 basis points lower than Blackrock and Fidelity's spot ETF fees of 0.25%. The ETF is planned to list on the NYSE with an initial size of 10,000 shares, seed investment capital of $1 million, and custodians including Coinbase and BNY Mellon, with a potential launch in early April.

Analysts believe that this pricing is smart and competitive, potentially attracting asset migration. Previously, similar fee differences have led to significant outflows from Grayscale’s Bitcoin Trust to competing products.

OnePay, controlled by Walmart, has added over ten new tokens to its crypto services.

According to a report by Cointelegraph, $Walmart (WMT.US)$ OnePay, a subsidiary of the holding company, added cryptocurrencies such as SUI, Polygon, and Arbitrum last Thursday. A few days prior, the platform had already listed 10 tokens including Solana, Cardano, Bitcoin Cash, and PAX Gold, bringing the total number of newly added cryptocurrencies to over a dozen. OnePay launched its cryptocurrency services in January this year, initially offering only Bitcoin and Ethereum trading.

Ron Rojany, General Manager of Core Applications and Crypto Business at OnePay, stated that the platform will expand its crypto assets prudently, prioritizing factors such as asset demand, liquidity, regulatory clarity, and long-term utility. The focus will be on aligning with users' practical needs rather than chasing popular assets.

A major whale spent $10 million to acquire an additional 5,039 ETH.

According to Onchain Lens monitoring, a major whale spent $10 million to purchase 5,039 ETH. This whale currently holds 138,234 ETH (worth $273.98 million) while carrying a loan burden of $142.3 million.

After partial liquidation of positions, Huang Licheng continued to increase his holdings, with total losses now reaching $31.3 million.

According to Onchain Lens monitoring, due to a sudden market downturn, Machi (Huang Licheng) experienced partial liquidation of positions and closed some long positions in ETH and BTC. However, Machi increased his holdings again, with total losses now amounting to $31.3 million.

Data shows that Ethereum accounts for 61.4% of all tokenized assets.

According to Token Terminal data, Ethereum accounts for 61.4% of all tokenized assets, with $206.2 billion worth of tokenized assets settled on Ethereum. Compared to the same period last year, the market value of tokenized assets on Ethereum has grown by more than 40%.

Gnosis and Zisk launched the 'Ethereum Economic Zone' rollup framework, funded by the Ethereum Foundation.

According to a report by The Block, Friederike Ernst, co-founder of Gnosis, and Jordi Baylina, founder of Zisk, announced a new 'easy' initiative at the EthCC conference in Cannes: the Ethereum Economic Zone (EEZ). This initiative, co-funded by the Ethereum Foundation, aims to create a framework enabling rollups to synchronize and interoperate with Ethereum's mainnet in a single transaction.

The design concept of EEZ is to enable smart contracts on Rollup to call contracts on the mainnet or other EEZ Rollups, providing the same guarantees as those deployed on Ethereum itself. The framework uses ETH as the default gas token and does not require additional bridging infrastructure.

Analyst: Bitcoin's key resistance level is at $72,500, and it may continue to face pressure in the coming months.

CryptoQuant analyst Darkfost wrote that 'Bitcoin (BTC) has still failed to regain its realized price after excluding long-term inactive supply. By filtering out Bitcoin supplies held for more than seven years, a more accurate reflection of actively circulating tokens can be achieved. This removes lost Bitcoins and long-term "diamond hand" holdings that have remained untouched. Under this adjustment, Bitcoin's realized price is approximately $72,500, which currently serves as a resistance level.'

Bitcoin (BTC) has been trading below this price level for about two months. In previous bear markets, BTC remained below this cost basis for 6 to 10 months and was unable to effectively reclaim this level during that period. If this pattern repeats, Bitcoin may continue to face downward pressure in the coming months, with prices likely remaining below $72,500.'

Editor/Joe

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