What Happened on Mar. 30th | Crypto, the Best Performing Asset Year-to-Date

According to research by Goldman Sachs, Bitcoin has outperformed traditional investment assets and sectors, such as technology and gold, in both year-to-date (YTD) absolute returns and risk-adjusted-performance.

It is worth noting that Bitcoin outperforms all other assets in Risk-Adjusted Return, which is adjusted for volatility, despite the fact that Bitcoin is known to have much higher volatility than other asset classes.

Biggest Gainers & Losers

Headlines

SEC Chairman Reiterates That Crypto is Security, Claiming No Legislation Needed: Gary Gensler reinforced his opinion that all cryptocurrencies (except for Bitcoin) are securities, claiming that the existing securities laws are enough to regulate crypto, and there's no need for extra legislation for the space.

Hot projects on the market

NFT Derivatives DEX NFEX Lists CryptoPunks, Otherdeed and Nakamigos Perpetual Contracts

Deri Protocol Launched Gamma Swap to Trade Gamma or Bet Price Fluctuation

Magic Eden to Launch Ethereum NFT Marketplace Beta on April 6th

Sui Launches Permanent Testnet

Injective Launches Cascade: First Interchain Solana SVM Rollup

ssv.network Introduced Latest Public Testnet, Jato, a Step Closer to Mainnet Launch

Other news in case you missed it:

OKX to Turn Over $157M in Frozen Assets to FTX Debtors

Mysterious Entity May Be Collecting Bitcoin Users’ IP Addresses, Warns Developer

After Coinbase, Gemeni is also Planning to Launch an International Derivatives Exchange

Payment Solutions Provider Alchemy Pay Integrates with OKX

Fundraising

Web3 Protocol Polytrade Closes $3.8 Million Seed Round Led by Polygon Ventures and Others

Hong Kong-Based ProDigital Future Fund to Raise $100M for Digital Asset Startup Investment