比特币矿业公司在三月份损失了其市场价值的25％，这是历史上最糟糕的月份

3月，14个上市比特币矿业公司的市场价值减少了25％，这是历史上最糟糕的一个月

As the market continues to recover from recent volatility, several news stories are making headlines in the world of crypto.

随着市场继续从最近的波动中恢复，几个新闻报道成为加密货币世界的头条新闻。

JPMorgan Chase: The market value of 14 listed Bitcoin mining companies shrank by 25% in March, the worst month in history

摩根大通（JPMorgan Chase）：三月份的14个上市比特币矿业公司的市场价值减少了25％，这是历史上最糟糕的月份

According to Decrypt, JPMorgan Chase said in a report on Tuesday that Bitcoin miners continue to face challenges, and 14 listed mining companies in the field collectively experienced the worst month on record in March. The Bitcoin miners it tracks, including companies such as MARA and Core Scientific, saw their market value shrink by a total of 25%, or about $6 billion, last month. In addition, the report stated that companies with high-performance computing businesses "performed pure Bitcoin miners for the second consecutive month." JPMorgan Chase data showed that the 14 listed mining companies also performed poorly in February, when their total market value also lost more than 20%, also about $6 billion.

摩根大通（JPMorgan Chase）在周二的一份报告中表示，比特币矿工继续面临挑战，该领域中有14家矿业公司在三月份经历了最糟糕的月份。 IT跟踪的比特币矿工，包括Mara和Core Scientific等公司，其市场价值上个月缩小了25％，即约60亿美元。此外，该报告还指出，具有高性能计算业务的公司“连续第二个月执行纯比特币矿工”。摩根大通（JPMorgan Chase）的数据显示，2月份上市的14家矿业公司的表现也很差，当时其总市场价值也损失了20％以上，也约为60亿美元。

Grayscale executives: The impact of tariffs on cryptocurrencies may have been "priced in", and the worst case scenario is likely to have passed

灰度高管：关税对加密货币的影响可能已经“定价”，最坏的情况可能已经通过

According to CoinDesk, Grayscale Research Director Zach Pandl said that the impact of tariffs on cryptocurrencies may have been "priced in" and the worst may be over. Pandl estimates that tariffs have reduced economic growth by 2% so far this year. But Trump's so-called "Liberation Day" may actually prevent the worst pain felt by financial markets. Pandl said: "If we see that the tariff policy announced on Wednesday is both tough and phased, and focused on the 15 countries they seem to be targeting, I expect the market to rebound on the news. Once we get through this announcement period, the cryptocurrency market may refocus on fundamentals, which are very positive." Pandl said that if institutions do not have high confidence in the digital asset field and its related policies, announcements like Circle's initial public offering (IPO) will not happen. In addition, Pandl believes that tariffs will increase demand for non-US dollar currencies. Despite the current market pessimism about prices, Pandl still believes that Bitcoin will hit a record high this year. He said: "If I don't think Bitcoin will win in the long run, I won't quit my job on Wall Street."

根据Coindesk的说法，灰度研究总监Zach Pandl表示，关税对加密货币的影响可能已“定价”，最糟糕的情况可能已经结束。 PANDL估计，今年迄今为止，关税将经济增长降低了2％。但是，特朗普所谓的“解放日”实际上可能会阻止金融市场感到严重的痛苦。潘德说：“如果我们看到周三宣布的关税政策既坚强又分阶段，并且专注于他们似乎正在瞄准的15个国家，我希望市场能够反弹新闻。一旦我们完成了这一公告，加密货币市场可能会重新关注基本面，这是非常积极的。” Pandl说，如果机构对数字资产领域及其相关政策没有高度的信心，那么Circle首次公开募股（IPO）等公告就不会发生。此外，PANDL认为关税将增加对非美国货币的需求。尽管目前对价格的市场悲观主义，但PANDL仍然认为，比特币今年将创下历史新高。他说：“如果我认为比特币从长远来看会赢得胜利，我就不会在华尔街辞职。”

Elon Musk's X platform urges Supreme Court to protect Coinbase users from IRS investigation

埃隆·马斯克（Elon Musk）的X平台敦促最高法院保护Coinbase用户免受IRS调查

Elon Musk's X-Platform is urging the U.S. Supreme Court to protect companies from subpoenas issued by federal law enforcement agencies "without reasonable suspicion" to avoid being forced to disclose sensitive user financial data, according to Bloomberg. X-Platform asked the judge to reconsider a lower court ruling that allowed the IRS to enforce a subpoena for Coinbase customer transaction records in a tax investigation of more than 14,000 users of the crypto exchange. X-Platform's lawyers argued in a filing last week that X-Platform stores subscription and advertising data and plans to eventually provide financial services to users, but the Constitution does not allow "warrantless searches of customer records held by third-party service providers" when these companies have signed nondisclosure agreements with users.

据彭博社报道，埃隆·马斯克（Elon Musk）的X平台敦促美国最高法院“不合理地怀疑”联邦执法机构发行的传票免受传票的侵害。 X-Platform要求法官重新考虑下级法院的裁决，该裁决允许IRS在对14,000多名加密货币交易所用户的税收调查中执行传票以用于Coinbase客户交易记录。 X-Platform的律师在上周的一份文件中辩称，X-Platform存储订阅和广告数据，并计划最终向用户提供金融服务，但宪法不允许“当这些公司与用户签署非公开协议时，“对第三方服务提供者持有的客户记录无理搜索”。

Eric Trump says bank bans and boycott culture have prompted his family to continue investing in the crypto industry

埃里克·特朗普（Eric Trump）表示，银行禁令和抵制文化促使他的家人继续投资加密行业

According to The Block, Eric Trump, the second son of the US President, revealed in an exclusive interview with Fox Business Channel that it is the three factors of "autonomy, bank blocking and boycott culture" which drive his family to continue to increase its layout in the crypto industry. Eric Trump said on Tuesday when discussing the “weaponization” of the Trump family by banks: “I never thought I would get involved in the field of cryptocurrency before every bank cancelled their business with us for no reason, just because my father was in politics. They targeted us viciously. It was not until then that I realized the importance of cryptocurrency.” In addition to praising the anti-censorship characteristics of cryptocurrency, Eric Trump also pointed out that this technology is a huge improvement over the contemporary financial system. He said that cryptocurrency is “cheaper, faster and more transparent.” Cryptocurrency can do “everything” that banks can do better. Eric Trump specifically pointed out that stablecoins will help support the US dollar while fundamentally changing the face of “finance and banking” in the next few decades.

根据该街区的说法，美国总统的第二个儿子埃里克·特朗普（Eric Trump）在对福克斯商业频道的独家采访中透露，这是“自治，银行阻止和抵制文化”的三个因素，促使他的家人继续增加其在加密货币行业的布局。埃里克·特朗普（Eric Trump）周二在讨论银行的特朗普家族的“武器化”时说：“我从没想过我会涉及加密货币领域，然后每个银行无缘无故地与我们取消了他们的业务，只是因为我父亲在政治上。埃里克·特朗普（Eric Trump）除了赞扬加密货币货币汇编的特征外，还指出，这项技术对当代金融体系是一个巨大的改进。他说，加密货币“更便宜，更快，更透明”。加密货币可以完成银行可以做得更好的“一切”。埃里克·特朗普（Eric Trump）明确指出，Stablecoins将有助于支持美元，同时从根本上改变了未来几十年的“财务和银行业”面貌。

IPO documents reveal Coinbase gets 50% of Circle's remaining USDC reserves

IPO文件显示Coinbase获得了Circle剩余的USDC储量的50％

According to Decrypt, the S-1 listing document submitted by stablecoin issuer Circle shows that Coinbase (NASDAQ:COIN), as its core partner, can obtain a 50% share of the remaining income of the USDC stablecoin reserve. In the regulatory documents submitted on Tuesday, Circle disclosed that Coinbase can obtain a 50% share of the “remaining payment base”, which is directly derived from the reserve assets supporting the USDC stablecoin; Coinbase's share ratio is linked to the number of USDC held by its exchange. When the USDC managed by the Coinbase platform

根据解密的说法，Stablecoin发行人圈提交的S-1上市文件表明，作为其核心合作伙伴，Coinbase（NASDAQ：COIN）可以获得USDC Stablecoin储备金剩余收入的50％。在周二提交的监管文件中，Circle透露，Coinbase可以获得“剩余付款基础”的50％份额，该份额直接来自支持USDC Stablecoin的储备资产； Coinbase的股票比率与其交易所持有的USDC数量有关。当Coinbase平台管理USDC