Overview of Important Developments on the Evening of March 31

12:00-21:00 Keywords: Strategy, Hut 8, FTX, Japan Financial Services Agency

1. Synthetix stablecoin sUSD depegged to $0.9174;

2. American Bitcoin will hold a press conference tomorrow night at 20:30;

3. Strategy has acquired 22,048 BTC for approximately $1.92 billion;

4. Hut 8 Mining and Trump's second son announced the establishment of an American Bitcoin company;

5. The House of Representatives will hold a hearing on cryptocurrency market structure legislation on April 9;

6. FTX will begin using $11.4 billion in cash reserves to repay major creditors on May 30;

7. CoinShares: Digital asset investment products saw an inflow of $226 million last week;

8. Nikkei News: The Japan Financial Services Agency plans to propose formally classifying crypto assets as financial products.