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U.S. Delegation Leaves Pakistan Without Agreement in Iran TalksOn April 12, a U.S. delegation departed Pakistan after negotiations with Iran failed to reach an agreement. According to BlockBeats, the discussions did not yield any conclusive results. The talks were part of ongoing efforts to address issues between the two nations. The departure marks another chapter in the complex diplomatic relations involving the United States and Iran.

U.S. Delegation Leaves Pakistan Without Agreement in Iran Talks

On April 12, a U.S. delegation departed Pakistan after negotiations with Iran failed to reach an agreement. According to BlockBeats, the discussions did not yield any conclusive results. The talks were part of ongoing efforts to address issues between the two nations. The departure marks another chapter in the complex diplomatic relations involving the United States and Iran.
Article
Bitcoin Drops 2% Amid U.S.-Iran Negotiation StalemateBitcoin experienced a decline of approximately 2%, settling around $71,600 following a statement by Vice President J.D. Vance. According to NS3.AI, the announcement revealed that U.S. and Iranian negotiators were unable to reach an agreement on extending a ceasefire. This development occurred after a nearly six-week U.S. campaign against Iran, with talks taking place in Pakistan. In the wake of Vance's press conference, Ethereum (ETH) also saw a decrease, falling to about $2,200. XRP dropped to $1.33, and the CoinDesk 20 index fell to 1,188.52. The market's reaction highlights the sensitivity of cryptocurrency prices to geopolitical events and negotiations.

Bitcoin Drops 2% Amid U.S.-Iran Negotiation Stalemate

Bitcoin experienced a decline of approximately 2%, settling around $71,600 following a statement by Vice President J.D. Vance. According to NS3.AI, the announcement revealed that U.S. and Iranian negotiators were unable to reach an agreement on extending a ceasefire. This development occurred after a nearly six-week U.S. campaign against Iran, with talks taking place in Pakistan.

In the wake of Vance's press conference, Ethereum (ETH) also saw a decrease, falling to about $2,200. XRP dropped to $1.33, and the CoinDesk 20 index fell to 1,188.52. The market's reaction highlights the sensitivity of cryptocurrency prices to geopolitical events and negotiations.
Article
Argentina Revises Investor Qualification Rules to Include Virtual AssetsArgentina's National Securities Commission (CNV) has issued Resolution No. 1125/2026, revising the definition of qualified investors to include virtual assets. According to Foresight News, the new regulation allows individuals or entities to combine virtual assets with securities investments and bank deposits to meet the threshold of 350,000 UVA (Argentinian inflation-linked units) for qualification.The revision also introduces provisions related to crowdfunding, permitting non-qualified investors to participate in specific public offerings. The investment limit for a single transaction is set at 3,000 UVA, with a cumulative cap of 10,000 UVA, and must not exceed 5% of the investor's personal assets per transaction or 10% cumulatively.

Argentina Revises Investor Qualification Rules to Include Virtual Assets

Argentina's National Securities Commission (CNV) has issued Resolution No. 1125/2026, revising the definition of qualified investors to include virtual assets. According to Foresight News, the new regulation allows individuals or entities to combine virtual assets with securities investments and bank deposits to meet the threshold of 350,000 UVA (Argentinian inflation-linked units) for qualification.The revision also introduces provisions related to crowdfunding, permitting non-qualified investors to participate in specific public offerings. The investment limit for a single transaction is set at 3,000 UVA, with a cumulative cap of 10,000 UVA, and must not exceed 5% of the investor's personal assets per transaction or 10% cumulatively.
Article
Binance Alpha to Debut Genius Foundation (GENIUS) Token on April 13According to Binance Wallet's post on X, Binance Alpha will be the first platform to list Genius Foundation (GENIUS), with trading scheduled to open on April 13. Eligible users will be able to claim an airdrop using Binance Alpha Points on the Alpha Events page once trading commences. Further details are to be announced.

Binance Alpha to Debut Genius Foundation (GENIUS) Token on April 13

According to Binance Wallet's post on X, Binance Alpha will be the first platform to list Genius Foundation (GENIUS), with trading scheduled to open on April 13. Eligible users will be able to claim an airdrop using Binance Alpha Points on the Alpha Events page once trading commences. Further details are to be announced.
Article
ECB Supports ESMA Oversight of Major Cross-Border Financial FirmsThe European Central Bank (ECB) has expressed its support for a European Commission proposal to grant the Paris-based European Securities and Markets Authority (ESMA) direct oversight of significant cross-border financial firms, including large crypto asset service providers. According to Reuters, this move marks a shift from the current Markets in Crypto-Assets (MiCA) framework, where national regulators are responsible for supervising crypto asset service providers (CASPs), while ESMA primarily plays a coordinating role. Although the ECB's opinion is non-binding, the proposal will now proceed to negotiations among EU member states and the European Parliament.

ECB Supports ESMA Oversight of Major Cross-Border Financial Firms

The European Central Bank (ECB) has expressed its support for a European Commission proposal to grant the Paris-based European Securities and Markets Authority (ESMA) direct oversight of significant cross-border financial firms, including large crypto asset service providers. According to Reuters, this move marks a shift from the current Markets in Crypto-Assets (MiCA) framework, where national regulators are responsible for supervising crypto asset service providers (CASPs), while ESMA primarily plays a coordinating role. Although the ECB's opinion is non-binding, the proposal will now proceed to negotiations among EU member states and the European Parliament.
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Elon Musk Launches XChat Messaging AppElon Musk, the billionaire CEO of X (formerly Twitter), Tesla, and SpaceX, announced the launch of a new messaging application called XChat on Sunday. According to Jin10, the app features end-to-end encryption, no advertisements, and no tracking. XChat has undergone nearly a year of testing and iteration since its initial beta testing in May 2025. This development comes almost four years after Musk acquired Twitter in 2022 with the ambition of creating a Western version of WeChat.

Elon Musk Launches XChat Messaging App

Elon Musk, the billionaire CEO of X (formerly Twitter), Tesla, and SpaceX, announced the launch of a new messaging application called XChat on Sunday. According to Jin10, the app features end-to-end encryption, no advertisements, and no tracking. XChat has undergone nearly a year of testing and iteration since its initial beta testing in May 2025. This development comes almost four years after Musk acquired Twitter in 2022 with the ambition of creating a Western version of WeChat.
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Ether Machine Cancels $1.6 Billion SPAC Merger with Dynamix Due to Market ConditionsThe Ether Machine has decided to terminate its planned $1.6 billion SPAC merger with Dynamix, citing unfavorable market conditions. According to CoinDesk, the merger was intended to list the ETH treasury firm on Nasdaq under the ticker ETHM. As part of the termination agreement, an SEC filing indicates that Dynamix will receive a $50 million payment within 15 days.

Ether Machine Cancels $1.6 Billion SPAC Merger with Dynamix Due to Market Conditions

The Ether Machine has decided to terminate its planned $1.6 billion SPAC merger with Dynamix, citing unfavorable market conditions. According to CoinDesk, the merger was intended to list the ETH treasury firm on Nasdaq under the ticker ETHM. As part of the termination agreement, an SEC filing indicates that Dynamix will receive a $50 million payment within 15 days.
Article
Bitcoin Treasury Nakamoto Seeks Shareholder Approval for Reverse Stock Split Amid Nasdaq Delisting ThreatBitcoin treasury Nakamoto is set to request shareholder approval for a reverse stock split after its shares dropped to $0.21, falling below Nasdaq's $1 minimum requirement. According to DL News, the company received a delisting notice in December. CEO David Bailey mentioned that Nasdaq might offer an additional 180-day extension if the initial vote does not pass. Satish Patel from CoinShares commented that while this move could provide temporary relief, it does not address issues such as dilution, operational losses, or reliance on capital markets.

Bitcoin Treasury Nakamoto Seeks Shareholder Approval for Reverse Stock Split Amid Nasdaq Delisting Threat

Bitcoin treasury Nakamoto is set to request shareholder approval for a reverse stock split after its shares dropped to $0.21, falling below Nasdaq's $1 minimum requirement. According to DL News, the company received a delisting notice in December. CEO David Bailey mentioned that Nasdaq might offer an additional 180-day extension if the initial vote does not pass. Satish Patel from CoinShares commented that while this move could provide temporary relief, it does not address issues such as dilution, operational losses, or reliance on capital markets.
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Morgan Stanley Explores Tokenized Money-Market Fund After Bitcoin ETF LaunchMorgan Stanley, managing $9.3 trillion in client assets, is considering launching a tokenized money-market fund following its recent introduction of a spot Bitcoin ETF. According to Decrypt, head of digital-asset strategy at Morgan Stanley, highlighted the bank's interest in tax-loss harvesting for digital assets through its subsidiary, Parametric. Data from Farside Investors indicates that the new Bitcoin ETF has attracted approximately $46 million in net inflows since its launch on Wednesday. Additionally, Morgan Stanley submitted applications in January for ETFs linked to Ethereum and Solana.

Morgan Stanley Explores Tokenized Money-Market Fund After Bitcoin ETF Launch

Morgan Stanley, managing $9.3 trillion in client assets, is considering launching a tokenized money-market fund following its recent introduction of a spot Bitcoin ETF. According to Decrypt, head of digital-asset strategy at Morgan Stanley, highlighted the bank's interest in tax-loss harvesting for digital assets through its subsidiary, Parametric. Data from Farside Investors indicates that the new Bitcoin ETF has attracted approximately $46 million in net inflows since its launch on Wednesday. Additionally, Morgan Stanley submitted applications in January for ETFs linked to Ethereum and Solana.
Article
WLFI Co-Founder Addresses Misunderstandings on X PlatformWLFI co-founder Zach Witkoff has responded to recent criticisms on the X platform regarding the WLFI project. According to Odaily, Witkoff clarified several points to address misconceptions. Firstly, he emphasized that WLFI should not be confused with the Trump meme coin, as they are entirely unrelated. He also stated that WLFI has no connection with 'fight fight fight' or CIC Digital Company. Witkoff highlighted that early investors purchased WLFI at prices of $0.015 and $0.05, with the current price standing at $0.08. He further explained that the project's primary product is not transaction fees but a stablecoin that generates returns through holding government bonds. This stablecoin ranks as the second-largest compliant stablecoin by trading volume and market capitalization, which he described as a significant achievement. Witkoff advised critics to conduct more thorough research before writing extensive posts on the matter.

WLFI Co-Founder Addresses Misunderstandings on X Platform

WLFI co-founder Zach Witkoff has responded to recent criticisms on the X platform regarding the WLFI project. According to Odaily, Witkoff clarified several points to address misconceptions.

Firstly, he emphasized that WLFI should not be confused with the Trump meme coin, as they are entirely unrelated. He also stated that WLFI has no connection with 'fight fight fight' or CIC Digital Company.

Witkoff highlighted that early investors purchased WLFI at prices of $0.015 and $0.05, with the current price standing at $0.08. He further explained that the project's primary product is not transaction fees but a stablecoin that generates returns through holding government bonds. This stablecoin ranks as the second-largest compliant stablecoin by trading volume and market capitalization, which he described as a significant achievement.

Witkoff advised critics to conduct more thorough research before writing extensive posts on the matter.
Article
Bitcoin Realized Losses and Profits Indicate Seller Exhaustion PhaseBitcoin's market activity suggests a potential phase of seller exhaustion, according to CheckonChain data. The cryptocurrency is experiencing realized losses of approximately $400 million daily, with a downward trend. According to CoinDesk, this pattern may indicate a decrease in selling pressure. Concurrently, Glassnode data reveals that realized profits are averaging around $300 million per day over a seven-day period. The realized profit-to-loss ratio has increased to 1.4, suggesting a shift in market dynamics.

Bitcoin Realized Losses and Profits Indicate Seller Exhaustion Phase

Bitcoin's market activity suggests a potential phase of seller exhaustion, according to CheckonChain data. The cryptocurrency is experiencing realized losses of approximately $400 million daily, with a downward trend. According to CoinDesk, this pattern may indicate a decrease in selling pressure. Concurrently, Glassnode data reveals that realized profits are averaging around $300 million per day over a seven-day period. The realized profit-to-loss ratio has increased to 1.4, suggesting a shift in market dynamics.
U.S. Inflation Trends Show Potential Systemic Risks Amid Geopolitical TensionsCryptoQuant analyst Darkfost recently shared insights on the X platform regarding the current structure of U.S. inflation. According to Odaily, while the March Consumer Price Index (CPI) data recorded the largest month-on-month increase since 2022, the core CPI remained largely unchanged. This indicates that inflationary pressures have not yet fully spread across the economy. This trend requires ongoing monitoring through subsequent Personal Consumption Expenditures (PCE) data and in the coming months. As long as this structure persists, it suggests that inflation has not become systematically embedded in the U.S. economy and may be more of a temporary phenomenon, potentially linked to geopolitical conflicts. However, if the conflict between the U.S. and Iran prolongs, inflation could gradually evolve into a systemic risk, potentially impacting economic growth. In such a scenario, the Federal Reserve might be compelled to continue raising interest rates to address the situation.

U.S. Inflation Trends Show Potential Systemic Risks Amid Geopolitical Tensions

CryptoQuant analyst Darkfost recently shared insights on the X platform regarding the current structure of U.S. inflation. According to Odaily, while the March Consumer Price Index (CPI) data recorded the largest month-on-month increase since 2022, the core CPI remained largely unchanged. This indicates that inflationary pressures have not yet fully spread across the economy. This trend requires ongoing monitoring through subsequent Personal Consumption Expenditures (PCE) data and in the coming months.

As long as this structure persists, it suggests that inflation has not become systematically embedded in the U.S. economy and may be more of a temporary phenomenon, potentially linked to geopolitical conflicts. However, if the conflict between the U.S. and Iran prolongs, inflation could gradually evolve into a systemic risk, potentially impacting economic growth. In such a scenario, the Federal Reserve might be compelled to continue raising interest rates to address the situation.
Article
Bitcoin's Short Squeeze Potential Rises Amid Market DynamicsBitcoin is poised for a potential short squeeze as open interest reaches a five-week high, according to new analysis. According to Cointelegraph, the cryptocurrency is experiencing a mix of increasing open interest and negative funding rates, which could impact short positions. The funding rates are currently the most negative since early February, and large-scale Bitcoin speculators are once again net long on BTC. In a recent blog post by onchain analytics platform CryptoQuant, it was noted that Bitcoin is "crowded" with short positions. Contributor CoinNiel highlighted that BTC is exiting exchanges while funding rates remain strongly negative, creating a crowded short positioning environment with the potential for a short squeeze. After BTC/USD surpassed $73,000 on Friday, traders seemed eager to challenge those betting on continued price increases. Despite the negative funding rates on exchanges, open interest has grown to $24.2 billion, the highest since early March. The post further explained that since March, negative funding has become more frequent, remaining in negative territory throughout April without turning positive. This indicates that short positions dominate the market, with shorts paying longs, potentially triggering a reversal through forced liquidations. CoinNiel emphasized that the combination of rising open interest and negative funding rates suggests a rapid accumulation of leveraged short positions. However, he noted that the slight decrease does not yet indicate a meaningful deleveraging phase. Fellow contributor Gaah agreed, pointing out that funding rates have reached their deepest negative value since Bitcoin's dip to multiyear lows at the start of February. He advised caution when establishing positions in the current range, as it represents an area of buying demand, suggesting that the likelihood of a short squeeze is increasing. Earlier reports from Cointelegraph indicated that short liquidations remained modest despite the BTC price increase. Data from CoinGlass showed that cross-crypto liquidations totaled less than $100 million over the 24 hours leading up to the time of writing. Meanwhile, market sentiment is gradually shifting towards a fresh upside, with targets including $80,000 and higher. On Saturday, crypto trader Michaël Van de Poppe observed an increasing belief in a BTC price rebound among large-volume speculators, noting that speculators are net long on Bitcoin, similar to previous instances before a significant breakout in 2023.

Bitcoin's Short Squeeze Potential Rises Amid Market Dynamics

Bitcoin is poised for a potential short squeeze as open interest reaches a five-week high, according to new analysis. According to Cointelegraph, the cryptocurrency is experiencing a mix of increasing open interest and negative funding rates, which could impact short positions. The funding rates are currently the most negative since early February, and large-scale Bitcoin speculators are once again net long on BTC.

In a recent blog post by onchain analytics platform CryptoQuant, it was noted that Bitcoin is "crowded" with short positions. Contributor CoinNiel highlighted that BTC is exiting exchanges while funding rates remain strongly negative, creating a crowded short positioning environment with the potential for a short squeeze. After BTC/USD surpassed $73,000 on Friday, traders seemed eager to challenge those betting on continued price increases. Despite the negative funding rates on exchanges, open interest has grown to $24.2 billion, the highest since early March. The post further explained that since March, negative funding has become more frequent, remaining in negative territory throughout April without turning positive. This indicates that short positions dominate the market, with shorts paying longs, potentially triggering a reversal through forced liquidations.

CoinNiel emphasized that the combination of rising open interest and negative funding rates suggests a rapid accumulation of leveraged short positions. However, he noted that the slight decrease does not yet indicate a meaningful deleveraging phase. Fellow contributor Gaah agreed, pointing out that funding rates have reached their deepest negative value since Bitcoin's dip to multiyear lows at the start of February. He advised caution when establishing positions in the current range, as it represents an area of buying demand, suggesting that the likelihood of a short squeeze is increasing.

Earlier reports from Cointelegraph indicated that short liquidations remained modest despite the BTC price increase. Data from CoinGlass showed that cross-crypto liquidations totaled less than $100 million over the 24 hours leading up to the time of writing. Meanwhile, market sentiment is gradually shifting towards a fresh upside, with targets including $80,000 and higher. On Saturday, crypto trader Michaël Van de Poppe observed an increasing belief in a BTC price rebound among large-volume speculators, noting that speculators are net long on Bitcoin, similar to previous instances before a significant breakout in 2023.
Oil Prices May Rise as U.S.-Iran Talks Fail, Says Saxo Bank StrategistSaxo Bank's Chief Investment Strategist, Charu Chanana, has commented on the recent failure of U.S.-Iran negotiations, describing it as a setback. According to Jin10, this development suggests that previous easing trades might dissipate, potentially leading to a rise in oil prices and a renewed impact on risk sentiment. The Strait of Hormuz remains a significant chokepoint risk, even if it is not completely closed. Chanana noted that the substantial differences in positions between the two parties on nuclear safeguards and the Strait of Hormuz issues make this outcome unsurprising. For the U.S. dollar, this situation could mean a resurgence of safe-haven support, although a full-scale surge is unlikely unless there is a new military escalation. Gold might benefit from renewed geopolitical hedging demand, but the market is not expected to revert to the worst-case inflation shock scenario.

Oil Prices May Rise as U.S.-Iran Talks Fail, Says Saxo Bank Strategist

Saxo Bank's Chief Investment Strategist, Charu Chanana, has commented on the recent failure of U.S.-Iran negotiations, describing it as a setback. According to Jin10, this development suggests that previous easing trades might dissipate, potentially leading to a rise in oil prices and a renewed impact on risk sentiment. The Strait of Hormuz remains a significant chokepoint risk, even if it is not completely closed.

Chanana noted that the substantial differences in positions between the two parties on nuclear safeguards and the Strait of Hormuz issues make this outcome unsurprising. For the U.S. dollar, this situation could mean a resurgence of safe-haven support, although a full-scale surge is unlikely unless there is a new military escalation.

Gold might benefit from renewed geopolitical hedging demand, but the market is not expected to revert to the worst-case inflation shock scenario.
Iran's Foreign Policy Focuses on National Protection, Adviser StatesIran's Supreme Leader's foreign affairs adviser, Velayati, stated on his social media platform on the 12th that Iran's foreign policy consistently adheres to the principle of 'protecting our homeland.' According to Odaily, he emphasized that control over the Strait of Hormuz is firmly in Iran's hands.

Iran's Foreign Policy Focuses on National Protection, Adviser States

Iran's Supreme Leader's foreign affairs adviser, Velayati, stated on his social media platform on the 12th that Iran's foreign policy consistently adheres to the principle of 'protecting our homeland.' According to Odaily, he emphasized that control over the Strait of Hormuz is firmly in Iran's hands.
CLARITY Act Urged for Swift Advancement in Crypto RegulationCynthia Lummis emphasized the urgency of advancing the CLARITY Act, warning that delays could push the next opportunity for establishing a crypto regulatory framework to 2030. According to NS3.AI, notable figures such as David Sacks, Brian Armstrong, and SEC Chairman Paul Atkins have also expressed support for expediting market structure legislation.

CLARITY Act Urged for Swift Advancement in Crypto Regulation

Cynthia Lummis emphasized the urgency of advancing the CLARITY Act, warning that delays could push the next opportunity for establishing a crypto regulatory framework to 2030. According to NS3.AI, notable figures such as David Sacks, Brian Armstrong, and SEC Chairman Paul Atkins have also expressed support for expediting market structure legislation.
North Korean Crypto Theft Funds Military Expenditures, Experts WarnSecurity experts have highlighted that cryptocurrency theft is increasingly being used to finance North Korea's military activities. According to NS3.AI, researchers have observed a months-long infiltration targeting Drift Protocol, indicating a shift in North Korean operations. These activities have expanded beyond phishing to include attacks on exchanges, wallet services, and key permission holders of DeFi protocols.

North Korean Crypto Theft Funds Military Expenditures, Experts Warn

Security experts have highlighted that cryptocurrency theft is increasingly being used to finance North Korea's military activities. According to NS3.AI, researchers have observed a months-long infiltration targeting Drift Protocol, indicating a shift in North Korean operations. These activities have expanded beyond phishing to include attacks on exchanges, wallet services, and key permission holders of DeFi protocols.
Bittensor Co-Founder Addresses Covenant AI Incident and Future PlansOn April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, expressing his shock over recent developments. According to BlockBeats, Steeves accused Covenant AI founder Samuel Dare of actions that severely harmed the protocol and community, betraying the trust of investors and users. He apologized to those affected by the incident. Steeves stated that Bittensor was designed to combat greed and selfishness by enabling collective ownership of AI through a permissionless mechanism. He acknowledged that the incident exposed vulnerabilities in the system but also highlighted the opportunity to strengthen the protocol and community's resilience. Looking ahead, Steeves proposed advancing a "Locked Stake" mechanism, introducing a "time + stake" commitment dimension at the protocol level to enhance transparency and investor protection, thereby reducing similar risks. He noted that this plan was initially designed with Samuel Dare's involvement. Furthermore, Steeves mentioned that the development of subnets 3, 39, and 81 will continue under community leadership, with no changes to their overall functionality and vision. He emphasized that Bittensor remains one of the most decentralized AI protocols and will continue to promote open AI development, with plans to advance towards training larger-scale models, including a trillion-parameter model in the future.

Bittensor Co-Founder Addresses Covenant AI Incident and Future Plans

On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, expressing his shock over recent developments. According to BlockBeats, Steeves accused Covenant AI founder Samuel Dare of actions that severely harmed the protocol and community, betraying the trust of investors and users. He apologized to those affected by the incident.

Steeves stated that Bittensor was designed to combat greed and selfishness by enabling collective ownership of AI through a permissionless mechanism. He acknowledged that the incident exposed vulnerabilities in the system but also highlighted the opportunity to strengthen the protocol and community's resilience.

Looking ahead, Steeves proposed advancing a "Locked Stake" mechanism, introducing a "time + stake" commitment dimension at the protocol level to enhance transparency and investor protection, thereby reducing similar risks. He noted that this plan was initially designed with Samuel Dare's involvement.

Furthermore, Steeves mentioned that the development of subnets 3, 39, and 81 will continue under community leadership, with no changes to their overall functionality and vision. He emphasized that Bittensor remains one of the most decentralized AI protocols and will continue to promote open AI development, with plans to advance towards training larger-scale models, including a trillion-parameter model in the future.
Bitcoin ETFs See Strong Inflows as Market Interest GrowsUS spot Bitcoin ETFs experienced significant net inflows exceeding $786 million last week, marking their most robust performance since February. According to NS3.AI, BlackRock's iShares Bitcoin Trust attracted approximately $612 million. Meanwhile, Morgan Stanley's newly launched MSBT fund garnered around $46 million within its initial three trading days.

Bitcoin ETFs See Strong Inflows as Market Interest Grows

US spot Bitcoin ETFs experienced significant net inflows exceeding $786 million last week, marking their most robust performance since February. According to NS3.AI, BlackRock's iShares Bitcoin Trust attracted approximately $612 million. Meanwhile, Morgan Stanley's newly launched MSBT fund garnered around $46 million within its initial three trading days.
Ethereum's Upcoming Glamsterdam Upgrade Progresses Amid Development ChallengesEthereum Foundation has released its latest development update, indicating steady progress in the upcoming Glamsterdam upgrade. According to Foresight News, while the implementation of ePBS (protocol-level PBS) is complex, the related development network is stabilizing, and the block-level access lists (BALs) development network is advancing smoothly. The current goal is to launch the first generalized Glamsterdam development network next week if the ePBS development network remains stable, followed by client releases, security audits, and test network testing. Additionally, EIP-7954, aimed at increasing the maximum contract size, is likely to be prioritized. The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as the core feature for the consensus layer, while the proposal for account abstraction (AA), EIP-8141, remains in a pending introduction (CFI) status due to lack of consensus. Non-core feature proposals for Hegotá were initiated on April 9. Regarding the network gas limit, the current benchmark target is set at 60 million, with higher limit testing ongoing. As for the upgrade timeline, Glamsterdam is unlikely to go live in the second quarter, and the progress of Hegotá will largely depend on the completion of the former.

Ethereum's Upcoming Glamsterdam Upgrade Progresses Amid Development Challenges

Ethereum Foundation has released its latest development update, indicating steady progress in the upcoming Glamsterdam upgrade. According to Foresight News, while the implementation of ePBS (protocol-level PBS) is complex, the related development network is stabilizing, and the block-level access lists (BALs) development network is advancing smoothly. The current goal is to launch the first generalized Glamsterdam development network next week if the ePBS development network remains stable, followed by client releases, security audits, and test network testing. Additionally, EIP-7954, aimed at increasing the maximum contract size, is likely to be prioritized.

The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as the core feature for the consensus layer, while the proposal for account abstraction (AA), EIP-8141, remains in a pending introduction (CFI) status due to lack of consensus. Non-core feature proposals for Hegotá were initiated on April 9. Regarding the network gas limit, the current benchmark target is set at 60 million, with higher limit testing ongoing. As for the upgrade timeline, Glamsterdam is unlikely to go live in the second quarter, and the progress of Hegotá will largely depend on the completion of the former.
Polymarket's Brief Appearance on Google News Sparks DiscussionOn April 12, prediction market Polymarket briefly appeared in Google News search results alongside major media outlets like Reuters and The Guardian. According to BlockBeats, this inclusion was quickly removed. A Google spokesperson clarified that the platform's appearance was an error and confirmed that the site is no longer featured in the news section. Previously, when users searched for event-driven prediction questions, such as whether ships would pass through the Strait of Hormuz, Polymarket's entries appeared directly below traditional news outlets. Both Polymarket and its competitor Kalshi have been actively pursuing media and platform integration. Last year, Google partnered with these platforms to incorporate their data into the Google Finance section. Additionally, in June of the previous year, X platform announced Polymarket as its official prediction market partner. The Polymarket application has also been integrated into the MetaMask crypto wallet and World App by World.

Polymarket's Brief Appearance on Google News Sparks Discussion

On April 12, prediction market Polymarket briefly appeared in Google News search results alongside major media outlets like Reuters and The Guardian. According to BlockBeats, this inclusion was quickly removed. A Google spokesperson clarified that the platform's appearance was an error and confirmed that the site is no longer featured in the news section.

Previously, when users searched for event-driven prediction questions, such as whether ships would pass through the Strait of Hormuz, Polymarket's entries appeared directly below traditional news outlets.

Both Polymarket and its competitor Kalshi have been actively pursuing media and platform integration. Last year, Google partnered with these platforms to incorporate their data into the Google Finance section. Additionally, in June of the previous year, X platform announced Polymarket as its official prediction market partner. The Polymarket application has also been integrated into the MetaMask crypto wallet and World App by World.
Tether CEO Advocates for Open AI DevelopmentTether CEO Paolo Ardoino has expressed his views on the development of artificial intelligence, stating that AI should be as open as freedom. According to Odaily, Ardoino criticized the centralized approach to AI development, describing it as a 'dead end.' In contrast to the closed AI systems being developed by major tech companies, Tether is exploring alternative methods through QVAC, which focuses on running AI models on local devices. This approach aims to give users control over their data and computing power, aligning with the crypto industry's core principle of self-custody, where users maintain autonomy over their data and computational resources.

Tether CEO Advocates for Open AI Development

Tether CEO Paolo Ardoino has expressed his views on the development of artificial intelligence, stating that AI should be as open as freedom. According to Odaily, Ardoino criticized the centralized approach to AI development, describing it as a 'dead end.' In contrast to the closed AI systems being developed by major tech companies, Tether is exploring alternative methods through QVAC, which focuses on running AI models on local devices. This approach aims to give users control over their data and computing power, aligning with the crypto industry's core principle of self-custody, where users maintain autonomy over their data and computational resources.
XRP Declines 1.7% as Analysts Debate Future Price MovementXRP experienced a 1.7% decline over a 24-hour period, dropping from $1.36 to $1.33 in a matter of minutes during late trading. According to NS3.AI, this movement has positioned $1.35 as a new resistance level. Analysts are divided on whether XRP will face further declines or begin a broader recovery.

XRP Declines 1.7% as Analysts Debate Future Price Movement

XRP experienced a 1.7% decline over a 24-hour period, dropping from $1.36 to $1.33 in a matter of minutes during late trading. According to NS3.AI, this movement has positioned $1.35 as a new resistance level. Analysts are divided on whether XRP will face further declines or begin a broader recovery.
Bitcoin and Ether Prices Could Signal Sustainable Growth, Says AnalystMacro analyst Jordi Visser has suggested that Bitcoin surpassing $76,000 and Ether exceeding $2,400 might indicate the beginning of a sustainable upward trend this year. According to NS3.AI, Visser expressed confidence in the market's resilience, noting that he does not foresee a recession. Additionally, data from the United States Bureau of Labor Statistics revealed that the Consumer Price Index (CPI) for April increased by 3.3% compared to the previous year.

Bitcoin and Ether Prices Could Signal Sustainable Growth, Says Analyst

Macro analyst Jordi Visser has suggested that Bitcoin surpassing $76,000 and Ether exceeding $2,400 might indicate the beginning of a sustainable upward trend this year. According to NS3.AI, Visser expressed confidence in the market's resilience, noting that he does not foresee a recession. Additionally, data from the United States Bureau of Labor Statistics revealed that the Consumer Price Index (CPI) for April increased by 3.3% compared to the previous year.
STOCKS | Galaxy Securities Highlights Opportunities Amid Rising Oil PricesOn April 12, Galaxy Securities released a report noting that March's Producer Price Index (PPI) turned positive year-on-year, driven by high oil prices and ongoing policy efforts. According to Jin10, the report emphasizes the potential for profit recovery in China's A-share market, particularly in upstream sectors. The report identifies several investment opportunities. Firstly, it suggests focusing on energy and alternative demand sectors, including coal, coal chemicals, new energy, shipping ports, and oil and gas. Additionally, there is potential for recovery in the non-ferrous metals sector, including precious and minor metals. Secondly, the report highlights defensive assets such as finance (banks), utilities, and transportation. Thirdly, it points to technology innovation and self-sufficiency sectors, including power equipment, energy storage, semiconductors, computing power, and communication equipment. In the consumer sector, it suggests focusing on agriculture, forestry, animal husbandry, fisheries, food and beverages, and household appliances. The report also notes that if there are signs of easing in ongoing conflicts, there could be significant recovery opportunities in previously oversold sectors.

STOCKS | Galaxy Securities Highlights Opportunities Amid Rising Oil Prices

On April 12, Galaxy Securities released a report noting that March's Producer Price Index (PPI) turned positive year-on-year, driven by high oil prices and ongoing policy efforts. According to Jin10, the report emphasizes the potential for profit recovery in China's A-share market, particularly in upstream sectors.

The report identifies several investment opportunities. Firstly, it suggests focusing on energy and alternative demand sectors, including coal, coal chemicals, new energy, shipping ports, and oil and gas. Additionally, there is potential for recovery in the non-ferrous metals sector, including precious and minor metals.

Secondly, the report highlights defensive assets such as finance (banks), utilities, and transportation. Thirdly, it points to technology innovation and self-sufficiency sectors, including power equipment, energy storage, semiconductors, computing power, and communication equipment. In the consumer sector, it suggests focusing on agriculture, forestry, animal husbandry, fisheries, food and beverages, and household appliances.

The report also notes that if there are signs of easing in ongoing conflicts, there could be significant recovery opportunities in previously oversold sectors.
PRECIOUS METALS | Guotou Silver LOF to Temporarily Suspend Trading on April 13, 2026Guotou Silver LOF has announced a temporary suspension of trading starting from the market opening on April 13, 2026, until 10:30 on the same day. According to Jin10, the fund's redemption services will continue to operate as usual during the suspension period. Trading will resume at 10:30 on April 13, 2026.

PRECIOUS METALS | Guotou Silver LOF to Temporarily Suspend Trading on April 13, 2026

Guotou Silver LOF has announced a temporary suspension of trading starting from the market opening on April 13, 2026, until 10:30 on the same day. According to Jin10, the fund's redemption services will continue to operate as usual during the suspension period. Trading will resume at 10:30 on April 13, 2026.
German Hacker Arrested in Bangkok for Cybercrime ActivitiesA 27-year-old German hacker, Noah Christopher, has been arrested in Bangkok, Thailand, facing up to 74 arrest warrants for cybercrimes in Europe. According to Odaily, investigations reveal that between 2021 and 2025, Christopher allegedly developed and operated a ransomware platform and a 'Cybercrime-as-a-Service' (CaaS) system. This included providing tools for distributed denial-of-service (DDoS) attacks, such as Fluxstress and Neldowner, assisting global clients in launching cyberattacks for payment. The ransom payments involved cryptocurrencies and other digital assets, constituting transnational cybercrime activities. His visa has been revoked, and he is currently detained awaiting extradition to Germany.

German Hacker Arrested in Bangkok for Cybercrime Activities

A 27-year-old German hacker, Noah Christopher, has been arrested in Bangkok, Thailand, facing up to 74 arrest warrants for cybercrimes in Europe. According to Odaily, investigations reveal that between 2021 and 2025, Christopher allegedly developed and operated a ransomware platform and a 'Cybercrime-as-a-Service' (CaaS) system. This included providing tools for distributed denial-of-service (DDoS) attacks, such as Fluxstress and Neldowner, assisting global clients in launching cyberattacks for payment. The ransom payments involved cryptocurrencies and other digital assets, constituting transnational cybercrime activities. His visa has been revoked, and he is currently detained awaiting extradition to Germany.
Iran's Nuclear Concessions Could Be Key to U.S. Strategy, Citic Securities SaysCitic Securities stated on April 12 that if Iran were to abandon uranium enrichment, it would represent a significant achievement for the U.S., particularly for U.S. President Donald Trump, who could use it to appease domestic concerns. According to Jin10, the ongoing conflict has already negatively impacted the midterm elections, necessitating a swift resolution. Since the Iranian Islamic Revolution, the U.S. has lost control over Iran's nuclear capabilities, a challenge that has persisted through multiple U.S. presidencies, affecting America's Middle East strategy. The political impact of Iran's potential nuclear disarmament is seen as more significant than the indirect effects of oil prices and inflation on elections. Consequently, the Trump administration might consider compromises on issues like control over the Strait of Hormuz. From Iran's perspective, the conflict has demonstrated that blocking the strait and threatening Middle Eastern infrastructure are powerful leverage tools, potentially more impactful than nuclear threats. These actions, which can be executed with low-cost drones, pose significant risks to the U.S. and global economies, providing Iran with a strategic counterbalance. Repeated near-escalations to large-scale infrastructure damage suggest that the likelihood of extreme war escalation is low, reducing the chances of extreme oil prices, severe recession, or stagflation.

Iran's Nuclear Concessions Could Be Key to U.S. Strategy, Citic Securities Says

Citic Securities stated on April 12 that if Iran were to abandon uranium enrichment, it would represent a significant achievement for the U.S., particularly for U.S. President Donald Trump, who could use it to appease domestic concerns. According to Jin10, the ongoing conflict has already negatively impacted the midterm elections, necessitating a swift resolution. Since the Iranian Islamic Revolution, the U.S. has lost control over Iran's nuclear capabilities, a challenge that has persisted through multiple U.S. presidencies, affecting America's Middle East strategy.

The political impact of Iran's potential nuclear disarmament is seen as more significant than the indirect effects of oil prices and inflation on elections. Consequently, the Trump administration might consider compromises on issues like control over the Strait of Hormuz. From Iran's perspective, the conflict has demonstrated that blocking the strait and threatening Middle Eastern infrastructure are powerful leverage tools, potentially more impactful than nuclear threats. These actions, which can be executed with low-cost drones, pose significant risks to the U.S. and global economies, providing Iran with a strategic counterbalance.

Repeated near-escalations to large-scale infrastructure damage suggest that the likelihood of extreme war escalation is low, reducing the chances of extreme oil prices, severe recession, or stagflation.
Former Bank of China VP Comments on U.S. Crypto Regulation ApproachFormer Bank of China Vice President Wang Yongli has expressed that the United States' method of classifying and regulating crypto assets warrants examination. According to NS3.AI, Wang Yongli noted that the CLARITY Act guidance document represents a notable advancement. However, he emphasized that nations should tailor their crypto asset regulations to align with their specific circumstances.

Former Bank of China VP Comments on U.S. Crypto Regulation Approach

Former Bank of China Vice President Wang Yongli has expressed that the United States' method of classifying and regulating crypto assets warrants examination. According to NS3.AI, Wang Yongli noted that the CLARITY Act guidance document represents a notable advancement. However, he emphasized that nations should tailor their crypto asset regulations to align with their specific circumstances.
Crypto Pulls Back as Listing Stress Mounts and Regulators Push Toward Centralized ControlThe global cryptocurrency market cap now stands at $2.43T, down by 1.41% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $71,310 and $73,790 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,592, down by 1.74%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TRU, ENJ, and CTSI, up by 68%, 22%, and 16%, respectively. Crypto Pulls Back as Listing Stress Mounts and Regulators Push Toward Centralized ControlBTC slid and majors mostly softened, but the day’s tension was structural: Nasdaq aspirations cracked as Ether Machine terminated its SPAC merger and Nakamoto prepared a reverse split after its shares fell well below $1. On the regulatory front, the ECB backed expanding ESMA’s mandate to directly supervise large cross-border firms, potentially reshaping how major CASPs operate under MiCA. Add inconclusive U.S.-Iran talks, and the macro backdrop stays unsettled.U.S. Delegation Leaves Pakistan Without Agreement in Iran Talks Key Takeaways:Failed U.S.-Iran negotiationsNo conclusive diplomatic outcomeOngoing geopolitical uncertaintySummary:A U.S. delegation departed Pakistan on April 12 after talks with Iran concluded without a formal agreement, yielding no conclusive results from the latest round of negotiations. The discussions were described as part of broader ongoing diplomatic efforts between the two nations, though no details on specific agenda items or next steps were disclosed. The breakdown adds to uncertainty surrounding U.S.-Iran relations, with continued diplomatic impasse carrying potential implications for regional stability, energy markets, and global risk sentiment. Argentina Revises Investor Qualification Rules to Include Virtual AssetsKey Takeaways:CNV Resolution No. 1125/2026Virtual assets as qualifying holdingsExpanded crowdfunding access rulesSummary:Argentina's National Securities Commission (CNV) issued Resolution No. 1125/2026, formally revising its qualified investor criteria to allow virtual assets to be combined with securities and bank deposits toward the 350,000 UVA eligibility threshold. The resolution also extends limited crowdfunding participation to non-qualified investors in select public offerings, subject to per-transaction and cumulative UVA caps. The move marks a meaningful regulatory step toward integrating digital assets into Argentina's formal financial framework, reflecting both the country's elevated crypto adoption and the government's broader posture of openness toward digital asset inclusion. ECB Supports ESMA Oversight of Major Cross-Border Financial Firms Key Takeaways:ECB endorsement of ESMA expansionShift from national to centralized supervisionMiCA framework under potential revisionSummary:The European Central Bank has backed a European Commission proposal to extend ESMA's mandate to include direct supervision of significant cross-border financial firms, encompassing large crypto asset service providers currently regulated at the national level under MiCA. The ECB's non-binding endorsement represents a notable departure from the existing framework, which assigns supervisory authority to national competent authorities while limiting ESMA to a coordination role. The proposal now enters negotiations among EU member states and the European Parliament, signaling a potential shift toward centralized crypto oversight across the bloc that could meaningfully reshape compliance obligations for major CASPs operating across multiple EU jurisdictions. Bitcoin Treasury Nakamoto Seeks Shareholder Approval for Reverse Stock Split Amid Nasdaq Delisting ThreatKey Takeaways:Shares below Nasdaq $1 minimumReverse split as compliance tacticUnresolved dilution and operational risksSummary:Bitcoin treasury firm Nakamoto is preparing to seek shareholder approval for a reverse stock split after its share price fell to $0.21, breaching Nasdaq's $1 minimum bid requirement following a delisting notice received in December. CEO David Bailey noted that Nasdaq may offer an additional 180-day extension should the initial vote fail to pass. Analysts at CoinShares cautioned that while the reverse split may temporarily restore listing compliance, it leaves deeper structural concerns unaddressed — including shareholder dilution, ongoing operational losses, and the company's continued reliance on external capital markets. Ether Machine Cancels $1.6 Billion SPAC Merger with Dynamix Due to Market ConditionsKey Takeaways:$1.6B SPAC deal terminatedNasdaq listing plans scrapped$50M termination payment owedSummary:The Ether Machine has called off its planned $1.6 billion SPAC merger with Dynamix, which would have listed the ETH treasury firm on Nasdaq under the ticker ETHM, with the company citing unfavorable market conditions as the reason for termination. An SEC filing confirms that Dynamix will receive a $50 million payment within 15 days as part of the agreement. The collapse underscores the mounting difficulty crypto-native firms face in pursuing public market listings via SPAC structures amid sustained market volatility and diminished risk appetite.Market movers:ETH: $2214.31 (-1.40%)BNB: $594.13 (-2.11%)XRP: $1.3309 (-1.22%)SOL: $82.21 (-2.87%)TRX: $0.3213 (+0.82%)DOGE: $0.09123 (-1.79%)U: $0.9996 (+0.00%)WBTC: $71437.99 (-1.57%)XAUT: $4705.38 (-0.39%)ADA: $0.24 (-4.00%) 

Crypto Pulls Back as Listing Stress Mounts and Regulators Push Toward Centralized Control

The global cryptocurrency market cap now stands at $2.43T, down by 1.41% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $71,310 and $73,790 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,592, down by 1.74%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TRU, ENJ, and CTSI, up by 68%, 22%, and 16%, respectively. Crypto Pulls Back as Listing Stress Mounts and Regulators Push Toward Centralized ControlBTC slid and majors mostly softened, but the day’s tension was structural: Nasdaq aspirations cracked as Ether Machine terminated its SPAC merger and Nakamoto prepared a reverse split after its shares fell well below $1. On the regulatory front, the ECB backed expanding ESMA’s mandate to directly supervise large cross-border firms, potentially reshaping how major CASPs operate under MiCA. Add inconclusive U.S.-Iran talks, and the macro backdrop stays unsettled.U.S. Delegation Leaves Pakistan Without Agreement in Iran Talks Key Takeaways:Failed U.S.-Iran negotiationsNo conclusive diplomatic outcomeOngoing geopolitical uncertaintySummary:A U.S. delegation departed Pakistan on April 12 after talks with Iran concluded without a formal agreement, yielding no conclusive results from the latest round of negotiations. The discussions were described as part of broader ongoing diplomatic efforts between the two nations, though no details on specific agenda items or next steps were disclosed. The breakdown adds to uncertainty surrounding U.S.-Iran relations, with continued diplomatic impasse carrying potential implications for regional stability, energy markets, and global risk sentiment. Argentina Revises Investor Qualification Rules to Include Virtual AssetsKey Takeaways:CNV Resolution No. 1125/2026Virtual assets as qualifying holdingsExpanded crowdfunding access rulesSummary:Argentina's National Securities Commission (CNV) issued Resolution No. 1125/2026, formally revising its qualified investor criteria to allow virtual assets to be combined with securities and bank deposits toward the 350,000 UVA eligibility threshold. The resolution also extends limited crowdfunding participation to non-qualified investors in select public offerings, subject to per-transaction and cumulative UVA caps. The move marks a meaningful regulatory step toward integrating digital assets into Argentina's formal financial framework, reflecting both the country's elevated crypto adoption and the government's broader posture of openness toward digital asset inclusion. ECB Supports ESMA Oversight of Major Cross-Border Financial Firms Key Takeaways:ECB endorsement of ESMA expansionShift from national to centralized supervisionMiCA framework under potential revisionSummary:The European Central Bank has backed a European Commission proposal to extend ESMA's mandate to include direct supervision of significant cross-border financial firms, encompassing large crypto asset service providers currently regulated at the national level under MiCA. The ECB's non-binding endorsement represents a notable departure from the existing framework, which assigns supervisory authority to national competent authorities while limiting ESMA to a coordination role. The proposal now enters negotiations among EU member states and the European Parliament, signaling a potential shift toward centralized crypto oversight across the bloc that could meaningfully reshape compliance obligations for major CASPs operating across multiple EU jurisdictions. Bitcoin Treasury Nakamoto Seeks Shareholder Approval for Reverse Stock Split Amid Nasdaq Delisting ThreatKey Takeaways:Shares below Nasdaq $1 minimumReverse split as compliance tacticUnresolved dilution and operational risksSummary:Bitcoin treasury firm Nakamoto is preparing to seek shareholder approval for a reverse stock split after its share price fell to $0.21, breaching Nasdaq's $1 minimum bid requirement following a delisting notice received in December. CEO David Bailey noted that Nasdaq may offer an additional 180-day extension should the initial vote fail to pass. Analysts at CoinShares cautioned that while the reverse split may temporarily restore listing compliance, it leaves deeper structural concerns unaddressed — including shareholder dilution, ongoing operational losses, and the company's continued reliance on external capital markets. Ether Machine Cancels $1.6 Billion SPAC Merger with Dynamix Due to Market ConditionsKey Takeaways:$1.6B SPAC deal terminatedNasdaq listing plans scrapped$50M termination payment owedSummary:The Ether Machine has called off its planned $1.6 billion SPAC merger with Dynamix, which would have listed the ETH treasury firm on Nasdaq under the ticker ETHM, with the company citing unfavorable market conditions as the reason for termination. An SEC filing confirms that Dynamix will receive a $50 million payment within 15 days as part of the agreement. The collapse underscores the mounting difficulty crypto-native firms face in pursuing public market listings via SPAC structures amid sustained market volatility and diminished risk appetite.Market movers:ETH: $2214.31 (-1.40%)BNB: $594.13 (-2.11%)XRP: $1.3309 (-1.22%)SOL: $82.21 (-2.87%)TRX: $0.3213 (+0.82%)DOGE: $0.09123 (-1.79%)U: $0.9996 (+0.00%)WBTC: $71437.99 (-1.57%)XAUT: $4705.38 (-0.39%)ADA: $0.24 (-4.00%) 
X Platform Reduces Revenue Share for Aggregator AccountsOn April 12, X Product Head Nikita Bier announced a reduction in revenue share for aggregator accounts to 60% during the current creator cycle. According to BlockBeats, this decision is attributed to the prevalence of accounts reposting stolen content and clickbait, which has limited exposure for genuine creators and hindered the growth of new authors. The platform plans to further decrease the share by 20% in the next cycle. Additionally, X intends to impose permanent revenue deductions on accounts that frequently use sensationalist tags like 'BREAKING' to attract traffic. While X will not restrict speech or distribution, it will not provide revenue compensation for those manipulating distribution mechanisms or misleading user behavior.

X Platform Reduces Revenue Share for Aggregator Accounts

On April 12, X Product Head Nikita Bier announced a reduction in revenue share for aggregator accounts to 60% during the current creator cycle. According to BlockBeats, this decision is attributed to the prevalence of accounts reposting stolen content and clickbait, which has limited exposure for genuine creators and hindered the growth of new authors.

The platform plans to further decrease the share by 20% in the next cycle. Additionally, X intends to impose permanent revenue deductions on accounts that frequently use sensationalist tags like 'BREAKING' to attract traffic. While X will not restrict speech or distribution, it will not provide revenue compensation for those manipulating distribution mechanisms or misleading user behavior.
Reserve Bank of India Official Criticizes Forex Market Makers Amid Middle East TensionsA senior Reserve Bank of India official has expressed criticism towards foreign-exchange market makers, attributing them to exacerbating the rupee's weakness amid ongoing tensions in the Middle East. Bloomberg posted on X, highlighting the official's concerns over the impact of market activities on the Indian currency. The official emphasized the need for more responsible behavior from market participants to stabilize the rupee during geopolitical uncertainties. The remarks come as the rupee faces pressure due to external factors, including regional conflicts and global economic shifts. The Reserve Bank of India continues to monitor the situation closely, aiming to implement measures that could mitigate the adverse effects on the national currency.

Reserve Bank of India Official Criticizes Forex Market Makers Amid Middle East Tensions

A senior Reserve Bank of India official has expressed criticism towards foreign-exchange market makers, attributing them to exacerbating the rupee's weakness amid ongoing tensions in the Middle East. Bloomberg posted on X, highlighting the official's concerns over the impact of market activities on the Indian currency. The official emphasized the need for more responsible behavior from market participants to stabilize the rupee during geopolitical uncertainties. The remarks come as the rupee faces pressure due to external factors, including regional conflicts and global economic shifts. The Reserve Bank of India continues to monitor the situation closely, aiming to implement measures that could mitigate the adverse effects on the national currency.
Iran Asserts Control Over Strait of Hormuz, Demands Transit Fees in RialsIran's deputy speaker of the Islamic Consultative Assembly, Haji Babaei, has issued a warning to the United States regarding the strategic Strait of Hormuz, declaring it a 'red line' under Iran's full control. According to NS3.AI, Babaei emphasized that transit fees through the strait must be paid in Iranian rials. Mehr News Agency reported that the majority of Iranian parliament members back the plan concerning the Strait of Hormuz, highlighting its significance in regional geopolitics.

Iran Asserts Control Over Strait of Hormuz, Demands Transit Fees in Rials

Iran's deputy speaker of the Islamic Consultative Assembly, Haji Babaei, has issued a warning to the United States regarding the strategic Strait of Hormuz, declaring it a 'red line' under Iran's full control. According to NS3.AI, Babaei emphasized that transit fees through the strait must be paid in Iranian rials. Mehr News Agency reported that the majority of Iranian parliament members back the plan concerning the Strait of Hormuz, highlighting its significance in regional geopolitics.
AI TRENDS | Anthropic Suspends Claude Pro Account Over 'Suspicious Signals'Anthropic has suspended the Claude Pro account of Osmo CEO Piero Coen, citing 'suspicious signals' as the reason for the action. According to NS3.AI, Coen had utilized the tool to plan a three-week business trip. This incident is part of a broader pattern of user complaints and follows Anthropic's decision to impose stricter limits on third-party access to Claude in January 2026 and April. The move reflects Anthropic's ongoing efforts to enhance security and manage access to its AI tools.

AI TRENDS | Anthropic Suspends Claude Pro Account Over 'Suspicious Signals'

Anthropic has suspended the Claude Pro account of Osmo CEO Piero Coen, citing 'suspicious signals' as the reason for the action. According to NS3.AI, Coen had utilized the tool to plan a three-week business trip. This incident is part of a broader pattern of user complaints and follows Anthropic's decision to impose stricter limits on third-party access to Claude in January 2026 and April. The move reflects Anthropic's ongoing efforts to enhance security and manage access to its AI tools.
Google Quantum AI Reduces Resources Needed to Break Bitcoin SignaturesGoogle Quantum AI research has significantly reduced the estimated resources required to break Bitcoin's ECDSA signatures by approximately 20 times. According to NS3.AI, this advancement places the theoretical threshold near 500,000 physical qubits. The primary risk is associated with transaction signing and addresses with exposed public keys, rather than Bitcoin mining or the entire blockchain.

Google Quantum AI Reduces Resources Needed to Break Bitcoin Signatures

Google Quantum AI research has significantly reduced the estimated resources required to break Bitcoin's ECDSA signatures by approximately 20 times. According to NS3.AI, this advancement places the theoretical threshold near 500,000 physical qubits. The primary risk is associated with transaction signing and addresses with exposed public keys, rather than Bitcoin mining or the entire blockchain.
RAVE Token Experiences Short-Term SurgeRAVE token has experienced a notable increase, briefly surpassing 3 USDT, according to Odaily. It is currently trading at 2.82 USDT.

RAVE Token Experiences Short-Term Surge

RAVE token has experienced a notable increase, briefly surpassing 3 USDT, according to Odaily. It is currently trading at 2.82 USDT.
Bank of America Revises Economic Forecasts Amid Global TensionsBank of America has adjusted its economic forecasts for the United States and the Eurozone, citing the impact of ongoing global conflicts. According to Jin10, the bank's report on Friday indicated a downward revision of the U.S. growth forecast for this year by 50 basis points to 2.3%. The direct impact of the conflict accounts for approximately three-quarters of this adjustment. Additionally, the overall inflation forecast has been revised upward by 70 basis points, with core PCE expected to be 30 basis points higher than previously predicted, reaching 3.1% by the end of 2026. In the Eurozone, Bank of America has lowered its growth forecast by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation projected at 2.3%. These adjustments reflect the bank's response to the evolving economic landscape influenced by geopolitical tensions.

Bank of America Revises Economic Forecasts Amid Global Tensions

Bank of America has adjusted its economic forecasts for the United States and the Eurozone, citing the impact of ongoing global conflicts. According to Jin10, the bank's report on Friday indicated a downward revision of the U.S. growth forecast for this year by 50 basis points to 2.3%. The direct impact of the conflict accounts for approximately three-quarters of this adjustment. Additionally, the overall inflation forecast has been revised upward by 70 basis points, with core PCE expected to be 30 basis points higher than previously predicted, reaching 3.1% by the end of 2026.

In the Eurozone, Bank of America has lowered its growth forecast by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation projected at 2.3%. These adjustments reflect the bank's response to the evolving economic landscape influenced by geopolitical tensions.
WLFI CEO Addresses Satirical Article on X PlatformA satirical article circulating on the X platform, claiming to be from a 'Web3 Ambassador' of WLFI, has prompted a response from WLFI CEO Zach Witkoff. According to PANews, Witkoff clarified that the author of the article is not affiliated with the WLFI team and has no connection to the organization. He also noted that the author lacks an understanding of basic facts and suggested conducting more thorough research.

WLFI CEO Addresses Satirical Article on X Platform

A satirical article circulating on the X platform, claiming to be from a 'Web3 Ambassador' of WLFI, has prompted a response from WLFI CEO Zach Witkoff. According to PANews, Witkoff clarified that the author of the article is not affiliated with the WLFI team and has no connection to the organization. He also noted that the author lacks an understanding of basic facts and suggested conducting more thorough research.
RAVE Experiences Significant Short-Term SurgeRAVE has experienced a notable increase in its value, with a short-term surge of over 40%, reaching a peak of $2.97. According to Odaily, the current price stands at $2.4.

RAVE Experiences Significant Short-Term Surge

RAVE has experienced a notable increase in its value, with a short-term surge of over 40%, reaching a peak of $2.97. According to Odaily, the current price stands at $2.4.
Whales Accumulate TRUMP Tokens Ahead of Trump LuncheonOn April 12, two significant cryptocurrency holders have been accumulating TRUMP tokens in anticipation of a luncheon with U.S. President Donald Trump. According to BlockBeats On-chain Detection, Whale 8DHkza has withdrawn 850,488 TRUMP tokens from a centralized exchange over the past two days. Meanwhile, Whale 7EtuAt extracted 105,754 TRUMP tokens from another centralized exchange 17 hours ago, bringing their total holdings to 1.13 million TRUMP tokens.

Whales Accumulate TRUMP Tokens Ahead of Trump Luncheon

On April 12, two significant cryptocurrency holders have been accumulating TRUMP tokens in anticipation of a luncheon with U.S. President Donald Trump. According to BlockBeats On-chain Detection, Whale 8DHkza has withdrawn 850,488 TRUMP tokens from a centralized exchange over the past two days. Meanwhile, Whale 7EtuAt extracted 105,754 TRUMP tokens from another centralized exchange 17 hours ago, bringing their total holdings to 1.13 million TRUMP tokens.
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