Uniswap Founder: "Uniswap Launch Fee Switch Proposal" Enters Final Governance Vote Phase

March 31st — Bitget market data shows U.S. stocks closed mixed: the Dow Jones Industrial Average rose 0.11%, the S&P 500 fell 0.39%, and the Nasdaq Composite dropped 0.73%. Crypto-related stocks saw broad declines, with the following notable moves: - American Bitcoin (ABTC): Down 8.14% - Riot Platforms (RIOT): Down 7.58% - Circle (CRCL): Down 4.00% - MicroStrategy (MSTR): Down 3.64% - Bit Digital (BTBT): Down 3.44% - Bullish (BLSH): Down 3.37% - Marathon Holdings (MARA): Down 2.81% - Gemini (GEMI): Down 1.70%

On March 31, Bitget data shows WTI crude futures climbed 2.3% on Tuesday to $105.21 a barrel, with Monday’s close hitting a new 2022 high. Earlier, former President Trump posted on social media that if Iran does not reopen the Strait of Hormuz, the U.S. will destroy its power plants, oil facilities, and “potentially” desalination infrastructure. Though Trump has repeatedly stated he’s pursuing an agreement with Iran, the U.S. has deployed additional troops to the Middle East as the conflict enters its fifth week. “When it comes to finding a way out, the tone remains one step forward, five steps back,” said Rebecca Babbin, senior energy trader at Canadian Imperial Bank of Commerce’s Private Wealth Group. “The market still faces a daily supply shortfall of 10 to 12 million barrels; the buffer is vanishing, and comments aimed at tamping down oil prices are losing their effectiveness.” (Source: FX678)

March 31 (local time, Monday) — The Iranian Parliament has approved a bill that would impose a transit charge on vessels passing through the Strait of Hormuz, with oil tankers facing a maximum fee of $2 million. Citing a member of the Iranian Parliament’s National Security and Foreign Policy Committee, Iranian media reported the new navigation management plan also includes a ban on vessels linked to the U.S., Israel, or nations that have previously imposed unilateral sanctions on Iran from transiting the strait. Additionally, transit charges must be paid in Iranian rials. Iran will work with Oman to set up the necessary legal framework for the plan. Shortly before the bill’s approval, the White House said the U.S. does not support Iran’s proposal to impose transit charges. (Source: FXStreet)

Monday, March 31 — White House Press Secretary Levyte said U.S. President Trump may urge Arab countries to cover the costs of a potential conflict with Iran, adding he is expected to elaborate further on the idea. When asked if Arab nations would voluntarily take on those costs, Levyte stated: “I think the President would certainly be happy for them to do that. This is an idea of his I’m aware of, and you’ll hear more from him.” (FXStreet)

On March 31st, per HTX market data, Bitcoin has fallen below $67,000, currently trading at $66,971.

As of March 31, BlackRock has transferred 3,061 Bitcoins (worth roughly $206.5 million) and 35,642 Ethereum (valued at ~$73 million) to Coinbase Prime, per data from LookIntoBitcoin released just one hour ago.