Iran tensions and Powell guidance drive crypto markets this week

Oil jumps as Iran risk rises. Powell speaks today. Crypto trades the macro.

Brent settled at $112.57 on Friday, up 4.2% on the day. Over the weekend, reports flagged potential U.S. ground operations and even a Kharg Island seizure plan under discussion. Trump said talks are “serious” but warned of strikes if no deal is reached in a posted clip.

Markets watch Powell’s Harvard remarks later today. The focus is oil shock, inflation risk, and growth.

• Aave V4 goes live on ETH mainnet. The rollout follows ARFC. The team plans a security‑first approach with conservative risk limits. AAVE is in focus.
• EthCC[9] opens in Cannes Mar 30–Apr 2. EthCC Week adds “The Agora” on Mar 31 for institutions.
• JUP expands into credit. Jupiter’s Offerbook runs a private beta for time‑based P2P loans without price‑based liquidations.
• SUSHI lines up perps for Apr 2. A dedicated perps page is live. Derivatives are a stated priority.
• FTX Recovery Trust to pay ~$2.2B from Mar 31. Fourth distribution targets eligible creditors, with funds via BitGo, Kraken, or Payoneer in 1–3 business days per the update.
• Based token launch set for Mar 30. The Hyperliquid‑powered DEX confirmed TGE. KuCoin plans BASED/USDT trading at 10:00 UTC Monday; withdrawals open a day later context.

Total crypto market cap stands at $2.32T.