Trump Announces Temporary De-escalation with Iran! Bitcoin Surges 4%, Samsung Blockchain Technologies ETF (03171.HK) Jumps Over 3.5% at Open

NewTimeSpace News:March 24— Following President Trump's announcement of a temporary de-escalation with Iran and his expressed openness to negotiations, Bitcoin surged 4% in short-term trading, while oil prices tumbled 14% to $85 per barrel for WTI.Samsung Blockchain Technologies ETF(03171.HK) showed strong momentum, jumping over 3.5% at the open.

The annualized premium for two-month Bitcoin futures stood at 2% on Monday, well below the 4% to 8% range typically associated with neutral conditions for longer settlement cycles—signaling insufficient leveraged demand from bulls. This confidence deficit has persisted over the past month, remaining unchanged even as prices briefly rebounded to the $76,000 vicinity.

Samsung Blockchain Technologies ETF(03171.HK) offers comprehensive exposure to global blockchain-related enterprises. As Asia's first blockchain-themed ETF, it provides investors with a specialized vehicle to participate in the evolution of global blockchain technology. Through an active management strategy, the fund carefully selects high-quality blockchain-related companies to capture industry growth opportunities.

PANews, March 24 — According to Cryptopolitan, Russia's Government Committee on Legislative Activity has approved a bill to regulate cryptocurrency trading, which will allow domestic crypto exchanges to list digital assets with the largest market capitalization and trading volumes. Under the proposed legislation, eligible cryptocurrencies must meet strict criteria: an average market cap exceeding 5 trillion rubles over the past two years, average daily trading volume of at least 1 trillion rubles, and a minimum five-year trading history. Major cryptocurrencies including Bitcoin, Ethereum, and Solana satisfy these standards.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.