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According to Xinhua News Agency, the spokesperson for the Iranian Foreign Ministry said that the United States proposed a package plan to Iran and hoped that Iran would "accept it in full." The U.S. knows very well that "this is impossible," and it does not conform to the logic of negotiation and dialogue. The spokesperson stated that Iran had previously submitted 10 ceasefire terms to the U.S. through Pakistan in response to the so-called U.S. ceasefire "15-point plan."The spokesperson said that with the participation of countries along the Persian Gulf, Iran is fully capable of ensuring the security of the Middle East, provided that the U.S. stops military intervention and war provocations. Any intervention from outside the region will only complicate the issues further. Many European countries are wise to "avoid falling into the U.S. military trap."

TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin reserve company MSTR and raised the target price to $385.

With the market warming up, the trading activity in the Base ecosystem has seen a rebound, with several tokens experiencing a temporary increase of over 10% within a day. Among the tokens with higher market capitalization: REI: market cap currently reported at $21.1 million, with a 24-hour increase of 12%; CLANKER: market cap currently reported at $28.3 million, with a 24-hour increase of 9%; BRETT: market cap currently reported at $74 million, with a 24-hour increase of 8%; ELSA: market cap currently reported at $69.3 million, with a 24-hour increase of 7.5%.

According to Jinshi reports, due to Trump's order to impose a blockade on the Strait of Hormuz, crude oil prices have surged, U.S. stock index futures have fallen, and the dollar has strengthened. This escalation of the situation occurred after the U.S. and Iran failed to reach an agreement in negotiations in Pakistan, which may leave investors feeling disappointed. Elias Haddad, the global market strategy director at Brown Brothers Harriman, stated that this move is bound to rekindle risk aversion this week. Investors are focused on the upcoming first-quarter earnings season, anticipating insights from corporate leadership on the increasing risks.

Due to the delay in the legislative process of the "Digital Asset Basic Law," several financial institutions in South Korea are providing stablecoin payment services aimed at foreign users to bypass regulatory restrictions and proactively establish infrastructure and partnership networks.Specifically, Hana Financial Group has partnered with Circle and Crypto.com to launch a USDC payment pilot, Danal plans to introduce similar services with Circle and Binance Pay, Crypto.com and KG Inicis have launched a payment gateway, BC Card is testing USDC payment technology with Coinbase, and KB Kookmin Card has applied for a patent for the integration of stablecoin and bank card payments. Analysts say that such services aimed at foreign users are equivalent to a "regulatory sandbox," which helps companies validate their business models before formal policies are implemented.

According to Jinshi, the United States has doubled its commitment to provide reinsurance guarantees for vessels willing to transit the Strait of Hormuz to $40 billion and has introduced new insurance partners including American International Group and Berkshire Hathaway.The U.S. International Development Finance Corporation (DFC) announced a $20 billion reinsurance program last month. The agency stated today that Travelers Insurance, Liberty Mutual Insurance, Berkshire Hathaway, American International Group, Starr, and CNA will provide an additional $20 billion in reinsurance support for its maritime facilities alongside Chubb Insurance.DFC CEO Ben Black stated in a statement, "These leading U.S. insurance companies bring deep expertise in marine and war risk underwriting, enhancing our efforts to restore confidence in maritime trade."The agency also stated that it will work with insurance partners to determine which vessels qualify for reinsurance. To qualify, applicants must provide information including the vessel's port of origin and destination, the primary beneficial owners and their locations, the cargo owners and their locations, as well as information about the lenders providing financing for the vessel.

The conflict in the Middle East has led to disruptions in shipping through the Strait of Hormuz, causing global shipping costs to soar dramatically, and the war risk insurance premiums for vessels have risen rapidly.In addition, shipping companies also need to consider freight rates. Industry insiders indicate that freight rates have already increased by 11 to 12 times. The costs of insurance and detours are being passed on, continuously impacting global trade and supply chain security.

According to CCTV News, on April 1, the office of the Supreme Leader of Iran released excerpts of the first speech by Supreme Leader Mujtaba Khamenei on social media, reiterating the continuation of the blockade of the Strait of Hormuz as a countermeasure.The office of the Supreme Leader of Iran also released content from the speech stating that Iran is studying the opening of "other potential fronts," believing that the opponent "lacks experience and has obvious weaknesses" in relevant areas. If the conflict continues, after a comprehensive consideration of relevant factors, "these fronts will be activated."

According to the Financial Times, foreign central banks have reduced their holdings of U.S. Treasury bonds to the lowest level since 2012 in order to support their domestic economies and currencies during the war in Iran.Since February 25, the value of Treasury bonds held in custody at the New York Federal Reserve Bank by official institutions has decreased by $82 billion. Some central banks have intervened in the foreign exchange market to support their domestic currencies. Such interventions typically involve selling dollars to respond to crises. Since February 27, the Turkish central bank alone has sold $22 billion worth of foreign government bonds.Analysis indicates that supply shocks have put immense pressure on global central banks.

Musk stated that Grok has begun to automatically translate and recommend posts in other languages. Compared to the previous method that required manually clicking the translate button, the new feature can actively identify foreign language content and translate it before directly pushing it to the user's feed. Some users have reported seeing a large number of translated foreign language posts in their timelines.

Goldman Sachs analyst James Yaro lowered the target price for Coinbase from $270 to $235 but reiterated a buy rating for the stock. The stock experienced a decline following reports about a new draft of the stablecoin bill.

According to Jinshi Data, the Pakistani Foreign Minister stated that indirect dialogue between the U.S. and Iran is being conducted through Pakistan to convey messages.

According to Cointelegraph, M1X Global, behind the Marshall Islands UBI program, has completed a $3 million angel round of financing, with investors including former Coinbase CTO Balaji Srinivasan and Cumberland Labs CEO Tama Churchouse, among other figures in the crypto industry. The funds will be used to promote the expansion of USDM1 digital sovereign bonds into the institutional market.USDM1 was launched on the Stellar blockchain last December, but the IMF has warned that the project carries financial risks and cybersecurity vulnerabilities, believing that its returns are not proportional to its risks.

According to market news, Aave Labs officially disclosed its Reinvestment Module plan in the V4 upgrade.Data shows that among the approximately $20 billion in stablecoin deposits on the Aave platform, about $6 billion (30%) has been idle for a long time. This module will automatically allocate excess reserves to governance-approved low-risk strategies (such as short-term government bonds, money markets, or delta-neutral trading), while keeping the funds available for withdrawal at any time, with no lock-up restrictions.

Mohsen Rezaei, the new military advisor to Iran's Supreme Leader, emphasized in an interview released by Iranian state television on March 23 that Iran will not stop the war until it receives all compensations, all economic sanctions are lifted, and it obtains international legal guarantees against U.S. interference in Iranian affairs.Rezaei also stressed that the dispute between Iran and the U.S. is not only about the current conflict or last year's attacks by the U.S. and Israel on Iran, but has been ongoing for 47 years since the victory of the Iranian Islamic Revolution in 1979, and it must be "brought to an end."