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CENTCOM to Enforce Blockade on Iranian Maritime TrafficCENTCOM has announced a blockade on all maritime traffic entering and leaving Iranian ports, effective April 13 at 10 a.m. ET. According to BeInCrypto, this directive applies to vessels of any flag or ownership within Iranian coastal waters, including ports in the Arabian Gulf and the Gulf of Oman. Ships transiting the Strait of Hormuz to or from non-Iranian ports will maintain freedom of navigation. CENTCOM has not specified the duration of the blockade and stated that further guidance will be provided.

CENTCOM to Enforce Blockade on Iranian Maritime Traffic

CENTCOM has announced a blockade on all maritime traffic entering and leaving Iranian ports, effective April 13 at 10 a.m. ET. According to BeInCrypto, this directive applies to vessels of any flag or ownership within Iranian coastal waters, including ports in the Arabian Gulf and the Gulf of Oman. Ships transiting the Strait of Hormuz to or from non-Iranian ports will maintain freedom of navigation. CENTCOM has not specified the duration of the blockade and stated that further guidance will be provided.
Hong Kong Adopts Cautious Approach to Stablecoin RegulationHong Kong's Financial Secretary, Paul Chan, announced on April 13 that the region will adopt a cautious approach to stablecoin regulation by initially issuing a limited number of licenses. According to BlockBeats, applicants must demonstrate practical application scenarios before further licenses are considered, allowing for experience to be gathered and evaluated. Chan emphasized the need to balance encouraging financial innovation with risk management, including the establishment of anti-money laundering regulatory mechanisms. He highlighted that while stablecoins offer decentralization and efficiency, they should be viewed primarily as payment tools rather than investment instruments. In light of the current international and security environment, Chan stressed the importance of vigilance. Hong Kong aims to enhance its financial market competitiveness and global influence as a form of proactive defense. The government and financial institutions have already established a comprehensive, cross-market monitoring system to ensure market stability.

Hong Kong Adopts Cautious Approach to Stablecoin Regulation

Hong Kong's Financial Secretary, Paul Chan, announced on April 13 that the region will adopt a cautious approach to stablecoin regulation by initially issuing a limited number of licenses. According to BlockBeats, applicants must demonstrate practical application scenarios before further licenses are considered, allowing for experience to be gathered and evaluated.

Chan emphasized the need to balance encouraging financial innovation with risk management, including the establishment of anti-money laundering regulatory mechanisms. He highlighted that while stablecoins offer decentralization and efficiency, they should be viewed primarily as payment tools rather than investment instruments.

In light of the current international and security environment, Chan stressed the importance of vigilance. Hong Kong aims to enhance its financial market competitiveness and global influence as a form of proactive defense. The government and financial institutions have already established a comprehensive, cross-market monitoring system to ensure market stability.
Article
Ethereum spot ETFs saw net inflows of $187 million last week, with BlackRock's ETHA leading with $168 million in net inflowsAccording to SoSoValue data, Ethereum spot ETFs recorded net inflows of $187 million during last week's trading sessions (April 6 to April 10, Eastern Time).The Ethereum spot ETF with the highest net inflows last week was BlackRock's ETF ETHA, with weekly net inflows of $168 million. Currently, ETHA's total historical net inflows have reached $11.73 billion. Following that was BlackRock's ETF ETHB, with weekly net inflows of $66.0015 million. Currently, ETHB's total historical net inflows have reached $377 million.The Ethereum spot ETF with the highest net outflows last week was Fidelity's ETF FETH, with weekly net outflows of $62.1274 million. Currently, FETH's total historical net inflows stand at $2.23 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $12.96 billion. The ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) has reached 4.76%, and the historical cumulative net inflows have reached $11.67 billion.

Ethereum spot ETFs saw net inflows of $187 million last week, with BlackRock's ETHA leading with $168 million in net inflows

According to SoSoValue data, Ethereum spot ETFs recorded net inflows of $187 million during last week's trading sessions (April 6 to April 10, Eastern Time).The Ethereum spot ETF with the highest net inflows last week was BlackRock's ETF ETHA, with weekly net inflows of $168 million. Currently, ETHA's total historical net inflows have reached $11.73 billion. Following that was BlackRock's ETF ETHB, with weekly net inflows of $66.0015 million. Currently, ETHB's total historical net inflows have reached $377 million.The Ethereum spot ETF with the highest net outflows last week was Fidelity's ETF FETH, with weekly net outflows of $62.1274 million. Currently, FETH's total historical net inflows stand at $2.23 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $12.96 billion. The ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) has reached 4.76%, and the historical cumulative net inflows have reached $11.67 billion.
Article
WLFI Denies Justin Sun's Allegations of Token Contract VulnerabilityJustin Sun recently accused the WLFI token contract of having a 'backdoor' that allows for arbitrary freezing of user assets. According to ChainCatcher, WLFI officials have denied these allegations and announced plans to pursue legal action.WLFI representatives stated that Justin Sun's accusations are defamatory and unfounded, portraying himself as a 'victim.' They noted that such public accusations are not new. WLFI claims to have gathered relevant contract and evidence materials and intends to confront Justin Sun in court.

WLFI Denies Justin Sun's Allegations of Token Contract Vulnerability

Justin Sun recently accused the WLFI token contract of having a 'backdoor' that allows for arbitrary freezing of user assets. According to ChainCatcher, WLFI officials have denied these allegations and announced plans to pursue legal action.WLFI representatives stated that Justin Sun's accusations are defamatory and unfounded, portraying himself as a 'victim.' They noted that such public accusations are not new. WLFI claims to have gathered relevant contract and evidence materials and intends to confront Justin Sun in court.
Article
CFTC Chairman Defends Exclusive Authority Over Prediction MarketsCFTC Chairman Mike Selig has affirmed the agency's commitment to defending its exclusive authority over prediction markets offered on CFTC-regulated exchanges. According to NS3.AI, Selig emphasized that the agency's legal actions against Arizona, Illinois, and Connecticut are intended to prevent states from applying gambling laws to products that the CFTC considers derivatives. Additionally, Selig noted that the CFTC is currently engaged in a formal rulemaking process concerning prediction markets.

CFTC Chairman Defends Exclusive Authority Over Prediction Markets

CFTC Chairman Mike Selig has affirmed the agency's commitment to defending its exclusive authority over prediction markets offered on CFTC-regulated exchanges. According to NS3.AI, Selig emphasized that the agency's legal actions against Arizona, Illinois, and Connecticut are intended to prevent states from applying gambling laws to products that the CFTC considers derivatives. Additionally, Selig noted that the CFTC is currently engaged in a formal rulemaking process concerning prediction markets.
Article
XRP Spot ETFs See Significant Inflows and OutflowsXRP spot ETFs experienced notable financial movements last week, with a net inflow of $11.75 million, according to Odaily. The data, sourced from SoSoValue, covers the trading days from April 6 to April 10 (Eastern Time). The Bitwise ETF XRP led the inflows, attracting $9.5154 million, bringing its historical total net inflow to $388 million. Following this, the Franklin ETF XRPZ saw a weekly net inflow of $2.8987 million, with its historical total reaching $324 million. Conversely, the 21Shares ETF TOXR recorded the highest net outflow, amounting to $661,200, with its historical total net outflow standing at $25.85 million. As of the latest update, the total net asset value of XRP spot ETFs is $968 million, with an ETF net asset ratio of 1.16% compared to XRP's total market capitalization. The cumulative historical net inflow has reached $1.22 billion.

XRP Spot ETFs See Significant Inflows and Outflows

XRP spot ETFs experienced notable financial movements last week, with a net inflow of $11.75 million, according to Odaily. The data, sourced from SoSoValue, covers the trading days from April 6 to April 10 (Eastern Time).

The Bitwise ETF XRP led the inflows, attracting $9.5154 million, bringing its historical total net inflow to $388 million. Following this, the Franklin ETF XRPZ saw a weekly net inflow of $2.8987 million, with its historical total reaching $324 million.

Conversely, the 21Shares ETF TOXR recorded the highest net outflow, amounting to $661,200, with its historical total net outflow standing at $25.85 million.

As of the latest update, the total net asset value of XRP spot ETFs is $968 million, with an ETF net asset ratio of 1.16% compared to XRP's total market capitalization. The cumulative historical net inflow has reached $1.22 billion.
Article
JPMorgan to Extend Tokenization Platform to Canton Network via KinexysJPMorgan is set to enhance its tokenization platform by supporting its JPM deposit token on the Canton Network this year through Kinexys. According to Cointelegraph, this initiative is linked to a network that handles $350 billion in daily U.S. repo settlements. The move aims to integrate JPMorgan's tokenization capabilities with the Canton Network, potentially streamlining financial processes and enhancing efficiency in settlement operations.

JPMorgan to Extend Tokenization Platform to Canton Network via Kinexys

JPMorgan is set to enhance its tokenization platform by supporting its JPM deposit token on the Canton Network this year through Kinexys. According to Cointelegraph, this initiative is linked to a network that handles $350 billion in daily U.S. repo settlements. The move aims to integrate JPMorgan's tokenization capabilities with the Canton Network, potentially streamlining financial processes and enhancing efficiency in settlement operations.
Article
Aave DAO Approves $25 Million Funding for Aave LabsAave DAO has approved a significant funding proposal, granting Aave Labs $25 million in aEthLidoGHO and 75,000 AAVE tokens. According to The Block, the proposal received substantial support, passing with 522,780 votes in favor and 175,310 against, reflecting approximately 75% approval. This decision pertains solely to the funding aspect of a larger framework, with growth and development grants to be addressed through separate proposals.

Aave DAO Approves $25 Million Funding for Aave Labs

Aave DAO has approved a significant funding proposal, granting Aave Labs $25 million in aEthLidoGHO and 75,000 AAVE tokens. According to The Block, the proposal received substantial support, passing with 522,780 votes in favor and 175,310 against, reflecting approximately 75% approval. This decision pertains solely to the funding aspect of a larger framework, with growth and development grants to be addressed through separate proposals.
Article
Binance to Suspend Moonbeam Network Transactions for UpgradeAccording to the announcement from Binance, starting at approximately 2026-04-13 12:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Moonbeam (GLMR) network. This suspension is to facilitate a network upgrade aimed at enhancing user experience. The upgrade is scheduled to occur at the block height of 15,190,604, which is expected to be around 2026-04-13 13:00 (UTC). The trading of tokens on the Moonbeam network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is deemed stable post-upgrade, deposits and withdrawals will be reopened without further announcements. Users are advised to stay informed through the project team's updates for more details on the upgrade process.

Binance to Suspend Moonbeam Network Transactions for Upgrade

According to the announcement from Binance, starting at approximately 2026-04-13 12:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Moonbeam (GLMR) network. This suspension is to facilitate a network upgrade aimed at enhancing user experience. The upgrade is scheduled to occur at the block height of 15,190,604, which is expected to be around 2026-04-13 13:00 (UTC).

The trading of tokens on the Moonbeam network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is deemed stable post-upgrade, deposits and withdrawals will be reopened without further announcements. Users are advised to stay informed through the project team's updates for more details on the upgrade process.
Hong Kong's Cautious Approach to Digital Asset LicensingHong Kong's Financial Secretary, Paul Chan, has outlined a cautious strategy for issuing digital asset licenses. According to Foresight News, Chan emphasized a 'small steps, quick progress' approach, initially granting a limited number of licenses. The focus is on practical application scenarios, with plans to evaluate experiences before issuing a second batch. Chan highlighted that stablecoins and digital assets represent financial innovation, requiring encouragement for breakthroughs. However, he stressed the importance of maintaining security and implementing mechanisms to prevent money laundering, necessitating appropriate regulation. While stablecoins offer benefits such as decentralization and high efficiency, Chan noted they should be viewed as payment tools rather than investment instruments.

Hong Kong's Cautious Approach to Digital Asset Licensing

Hong Kong's Financial Secretary, Paul Chan, has outlined a cautious strategy for issuing digital asset licenses. According to Foresight News, Chan emphasized a 'small steps, quick progress' approach, initially granting a limited number of licenses. The focus is on practical application scenarios, with plans to evaluate experiences before issuing a second batch.

Chan highlighted that stablecoins and digital assets represent financial innovation, requiring encouragement for breakthroughs. However, he stressed the importance of maintaining security and implementing mechanisms to prevent money laundering, necessitating appropriate regulation. While stablecoins offer benefits such as decentralization and high efficiency, Chan noted they should be viewed as payment tools rather than investment instruments.
Article
Binance Launches Word of the Day Game with BNB RewardsAccording to the announcement from Binance, the platform has introduced a new Word of the Day (WOTD) game, themed "Team Up with Binance." This educational initiative aims to enhance users' crypto vocabulary while keeping them informed about the latest market trends. The activity period is set from 2026-04-13 00:00 (UTC) to 2026-04-19 23:59 (UTC). Participants can engage in up to two WOTD games daily, testing their knowledge on the specified topic. Users who correctly answer at least three questions during the activity period will qualify to share a 15 BNB reward pool. The distribution of rewards will be proportional to the number of correct answers each user provides, with a maximum cap of 0.01 BNB per user. Rewards are scheduled to be distributed to winners' Spot Accounts by 2026-05-03 23:59 (UTC). To access a second WOTD game, users must click the "Get A New WOTD" button after completing the first game. Sharing the featured link on social media and having it clicked by a logged-in user will unlock the second game. Additionally, new users registering with the "WOTD" referral code during the activity period will receive a 10% discount on Spot trading fees. They may also earn additional welcome rewards by completing tasks in the Rewards Hub within 14 days of registration. Binance reserves the right to modify or cancel the promotion without prior notice and may update the list of eligible countries or regions. Participation is subject to Binance's terms and conditions, and users must complete account verification to be eligible for rewards. The platform emphasizes that any fraudulent activity or violation of terms may lead to disqualification from the promotion.

Binance Launches Word of the Day Game with BNB Rewards

According to the announcement from Binance, the platform has introduced a new Word of the Day (WOTD) game, themed "Team Up with Binance." This educational initiative aims to enhance users' crypto vocabulary while keeping them informed about the latest market trends. The activity period is set from 2026-04-13 00:00 (UTC) to 2026-04-19 23:59 (UTC).

Participants can engage in up to two WOTD games daily, testing their knowledge on the specified topic. Users who correctly answer at least three questions during the activity period will qualify to share a 15 BNB reward pool. The distribution of rewards will be proportional to the number of correct answers each user provides, with a maximum cap of 0.01 BNB per user. Rewards are scheduled to be distributed to winners' Spot Accounts by 2026-05-03 23:59 (UTC).

To access a second WOTD game, users must click the "Get A New WOTD" button after completing the first game. Sharing the featured link on social media and having it clicked by a logged-in user will unlock the second game. Additionally, new users registering with the "WOTD" referral code during the activity period will receive a 10% discount on Spot trading fees. They may also earn additional welcome rewards by completing tasks in the Rewards Hub within 14 days of registration.

Binance reserves the right to modify or cancel the promotion without prior notice and may update the list of eligible countries or regions. Participation is subject to Binance's terms and conditions, and users must complete account verification to be eligible for rewards. The platform emphasizes that any fraudulent activity or violation of terms may lead to disqualification from the promotion.
Bitcoin(BTC) Drops Below 71,000 USDT with a 3.39% Decrease in 24 HoursOn Apr 12, 2026, 22:01 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 71,000 USDT and is now trading at 70,895.140625 USDT, with a narrowed 3.39% decrease in 24 hours.

Bitcoin(BTC) Drops Below 71,000 USDT with a 3.39% Decrease in 24 Hours

On Apr 12, 2026, 22:01 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 71,000 USDT and is now trading at 70,895.140625 USDT, with a narrowed 3.39% decrease in 24 hours.
Analyst Highlights Bitcoin's Fragile Recovery Amid Middle East Conflict and Economic ConcernsBitcoin's recent recovery remains precarious as geopolitical and macroeconomic challenges persist, particularly due to the ongoing conflict in the Middle East. According to Cointelegraph, Nic Puckrin, a crypto market analyst and founder of the Coin Bureau media outlet, highlighted the fragility of Bitcoin's position. He noted that even if the conflict were to end immediately, its effects would likely dominate discussions into 2026, especially in the second quarter. Puckrin expressed skepticism about any potential interest rate cuts before late in the third or fourth quarter of that year.Puckrin suggested that for Bitcoin to push toward $90,000, several conditions would need to align: a ceasefire leading to reduced geopolitical tensions, a sustained decrease in oil prices to around $80, and softer-than-expected economic data to alleviate stagflation concerns. Currently, Bitcoin is trading at approximately $71,276, with resistance anticipated around the $74,000 mark. The cryptocurrency continues to trade below its 200-day exponential moving average, indicating potential challenges ahead.The ongoing conflict has contributed to inflationary pressures, as reported by the US Bureau of Labor Statistics' Consumer Price Index. This development has dampened hopes for further interest rate cuts in 2026, as such measures typically boost asset prices. Bitcoin experienced a surge of about 5.8% starting April 6, reaching over $73,000, before retreating to around $71,000 on April 11. This fluctuation followed news of unsuccessful negotiations between the US and Iran, as reported by the Kobeissi Letter. The publication described the outcome of the talks as potentially the worst-case scenario.In response to the failed negotiations, U.S. President Donald Trump announced a directive for the US military to establish a naval blockade around the Strait of Hormuz. He instructed the Navy to intercept any vessel in international waters that has paid a toll to Iran, emphasizing that no one paying an illegal toll would have safe passage.Members of the Federal Open Market Committee (FOMC), responsible for setting US interest rate policy, remain divided on the prospect of further rate cuts in 2026 due to inflation concerns stemming from the conflict. The FOMC has not ruled out a potential rate hike if inflation exceeds its 2% target, as indicated in the March meeting minutes. According to the CME Fedwatch tool, there is a high probability of maintaining the current target rate range of 350-375 basis points at the upcoming meetings on April 29 and June 17, with a reduced likelihood of a rate cut at the July 29 meeting.

Analyst Highlights Bitcoin's Fragile Recovery Amid Middle East Conflict and Economic Concerns

Bitcoin's recent recovery remains precarious as geopolitical and macroeconomic challenges persist, particularly due to the ongoing conflict in the Middle East. According to Cointelegraph, Nic Puckrin, a crypto market analyst and founder of the Coin Bureau media outlet, highlighted the fragility of Bitcoin's position. He noted that even if the conflict were to end immediately, its effects would likely dominate discussions into 2026, especially in the second quarter. Puckrin expressed skepticism about any potential interest rate cuts before late in the third or fourth quarter of that year.Puckrin suggested that for Bitcoin to push toward $90,000, several conditions would need to align: a ceasefire leading to reduced geopolitical tensions, a sustained decrease in oil prices to around $80, and softer-than-expected economic data to alleviate stagflation concerns. Currently, Bitcoin is trading at approximately $71,276, with resistance anticipated around the $74,000 mark. The cryptocurrency continues to trade below its 200-day exponential moving average, indicating potential challenges ahead.The ongoing conflict has contributed to inflationary pressures, as reported by the US Bureau of Labor Statistics' Consumer Price Index. This development has dampened hopes for further interest rate cuts in 2026, as such measures typically boost asset prices. Bitcoin experienced a surge of about 5.8% starting April 6, reaching over $73,000, before retreating to around $71,000 on April 11. This fluctuation followed news of unsuccessful negotiations between the US and Iran, as reported by the Kobeissi Letter. The publication described the outcome of the talks as potentially the worst-case scenario.In response to the failed negotiations, U.S. President Donald Trump announced a directive for the US military to establish a naval blockade around the Strait of Hormuz. He instructed the Navy to intercept any vessel in international waters that has paid a toll to Iran, emphasizing that no one paying an illegal toll would have safe passage.Members of the Federal Open Market Committee (FOMC), responsible for setting US interest rate policy, remain divided on the prospect of further rate cuts in 2026 due to inflation concerns stemming from the conflict. The FOMC has not ruled out a potential rate hike if inflation exceeds its 2% target, as indicated in the March meeting minutes. According to the CME Fedwatch tool, there is a high probability of maintaining the current target rate range of 350-375 basis points at the upcoming meetings on April 29 and June 17, with a reduced likelihood of a rate cut at the July 29 meeting.
Article
Tether-Linked PAC Makes Initial Expenditure Ahead of 2026 U.S. Midterm ElectionsA political action committee associated with Tether, Fellowship PAC, has made its first expenditure ahead of the 2026 U.S. Congressional midterm elections. According to Odaily, the PAC paid approximately $300,000 to Nxum Group, a company co-founded by Bo Hines, to provide advertising services for Republican candidates. Bo Hines currently serves as the head of Tether's U.S. operations and previously worked as a digital asset policy advisor in U.S. President Donald Trump's administration. Jesse Spiro, the chairman of Fellowship PAC, is also affiliated with Tether US. Public records indicate that Nxum Group was established by Bo Hines and his partners. This transaction coincides with the PAC's initial expenditure report submission to the U.S. Federal Election Commission (FEC). Although Fellowship PAC has announced plans to invest up to $100 million in support of crypto-friendly candidates, its current account disclosures show nearly zero funds. Under U.S. campaign finance regulations, political committees can pay affiliated entities for services, provided they adhere to the "fair market price" principle. This has sparked discussions about potential conflicts of interest. Fellowship PAC has begun targeted advertising and candidate support in Republican elections, positioning itself as a new political influence tool for the crypto industry in the 2026 election cycle. However, questions remain regarding the transparency of its funding sources and operations.

Tether-Linked PAC Makes Initial Expenditure Ahead of 2026 U.S. Midterm Elections

A political action committee associated with Tether, Fellowship PAC, has made its first expenditure ahead of the 2026 U.S. Congressional midterm elections. According to Odaily, the PAC paid approximately $300,000 to Nxum Group, a company co-founded by Bo Hines, to provide advertising services for Republican candidates.

Bo Hines currently serves as the head of Tether's U.S. operations and previously worked as a digital asset policy advisor in U.S. President Donald Trump's administration. Jesse Spiro, the chairman of Fellowship PAC, is also affiliated with Tether US.

Public records indicate that Nxum Group was established by Bo Hines and his partners. This transaction coincides with the PAC's initial expenditure report submission to the U.S. Federal Election Commission (FEC). Although Fellowship PAC has announced plans to invest up to $100 million in support of crypto-friendly candidates, its current account disclosures show nearly zero funds.

Under U.S. campaign finance regulations, political committees can pay affiliated entities for services, provided they adhere to the "fair market price" principle. This has sparked discussions about potential conflicts of interest.

Fellowship PAC has begun targeted advertising and candidate support in Republican elections, positioning itself as a new political influence tool for the crypto industry in the 2026 election cycle. However, questions remain regarding the transparency of its funding sources and operations.
Ethereum ICO Whale Engages in New Trading ActivityA prominent Ethereum ICO whale, known for active trading, has initiated a new round of transactions. Blockchain sleuth EmberCN posted on X that after earning $470,000 from trading half a month ago, the whale has now sold 5,000 ETH at $2,202 each, converting them into $11.01 million USDC within the past half hour. This strategy typically involves selling first and repurchasing at a lower price, indicating a bearish outlook on Ethereum's upcoming market trend.

Ethereum ICO Whale Engages in New Trading Activity

A prominent Ethereum ICO whale, known for active trading, has initiated a new round of transactions. Blockchain sleuth EmberCN posted on X that after earning $470,000 from trading half a month ago, the whale has now sold 5,000 ETH at $2,202 each, converting them into $11.01 million USDC within the past half hour. This strategy typically involves selling first and repurchasing at a lower price, indicating a bearish outlook on Ethereum's upcoming market trend.
Japanese Firms Collaborate on Domestic AI Model DevelopmentSoftBank, NEC, Honda, and Sony Group have established a new company named 'Japan AI Foundation Model Development' to create domestic AI foundational models for Japanese businesses. According to Odaily, a SoftBank executive will lead the company, with Nippon Steel, Kobe Steel, Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, and Mizuho Bank contributing financially. SoftBank and NEC will handle development, while Honda plans to apply the results to autonomous driving, with Preferred Networks also participating. The company intends to apply for a public call from the New Energy and Industrial Technology Development Organization, which, if selected, could provide support amounting to 1 trillion yen over five years starting in 2026.

Japanese Firms Collaborate on Domestic AI Model Development

SoftBank, NEC, Honda, and Sony Group have established a new company named 'Japan AI Foundation Model Development' to create domestic AI foundational models for Japanese businesses. According to Odaily, a SoftBank executive will lead the company, with Nippon Steel, Kobe Steel, Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, and Mizuho Bank contributing financially. SoftBank and NEC will handle development, while Honda plans to apply the results to autonomous driving, with Preferred Networks also participating. The company intends to apply for a public call from the New Energy and Industrial Technology Development Organization, which, if selected, could provide support amounting to 1 trillion yen over five years starting in 2026.
Hong Kong's First Token Stock XunCe Surges Over 20%Hong Kong's stock market witnessed a significant rise in XunCe (03317.HK), known as the first token stock, as it surged over 20%. According to Jin10, this increase contributes to a cumulative rise of more than 625% since the beginning of the year.

Hong Kong's First Token Stock XunCe Surges Over 20%

Hong Kong's stock market witnessed a significant rise in XunCe (03317.HK), known as the first token stock, as it surged over 20%. According to Jin10, this increase contributes to a cumulative rise of more than 625% since the beginning of the year.
Aave's Strategic Shift Following AWW Proposal ApprovalAave founder Stani recently shared insights on X regarding the strategic direction following the approval of the AWW proposal. According to ChainCatcher, Stani emphasized that Aave will adopt a model centered entirely around the $AAVE token. This approach grants holders not only economic rights within the protocol but also influence over the brand, user base, and integrated ecosystem. Revenue from all applications and products, including Aave Pro, Aave App, Horizon, and Aave Kit, will be redirected to the DAO treasury. Additionally, the exchange functions of Aave.com and Aave Pro have generated an extra $10 to $20 million in new income. On the product front, the Aave App aims to deliver a fintech-grade experience to attract millions of users, offering each a $1 million account guarantee and plans to introduce a bank card. Aave Pro targets advanced users, while Horizon expands support for real-world assets (RWA). Stani highlighted the goal of growing Aave from a $40 billion protocol to over $1 trillion, positioning it as the foundational credit and repo market for the entire $400 trillion traditional financial asset sector.

Aave's Strategic Shift Following AWW Proposal Approval

Aave founder Stani recently shared insights on X regarding the strategic direction following the approval of the AWW proposal. According to ChainCatcher, Stani emphasized that Aave will adopt a model centered entirely around the $AAVE token. This approach grants holders not only economic rights within the protocol but also influence over the brand, user base, and integrated ecosystem. Revenue from all applications and products, including Aave Pro, Aave App, Horizon, and Aave Kit, will be redirected to the DAO treasury. Additionally, the exchange functions of Aave.com and Aave Pro have generated an extra $10 to $20 million in new income.

On the product front, the Aave App aims to deliver a fintech-grade experience to attract millions of users, offering each a $1 million account guarantee and plans to introduce a bank card. Aave Pro targets advanced users, while Horizon expands support for real-world assets (RWA). Stani highlighted the goal of growing Aave from a $40 billion protocol to over $1 trillion, positioning it as the foundational credit and repo market for the entire $400 trillion traditional financial asset sector.
Ethereum Layer 2 Network Scroll Faces Overcharging IssueEthereum Layer 2 network Scroll has reportedly overcharged users by more than $50,000 in transaction fees over approximately four days. According to ChainCatcher, this occurred after the Scroll team manually increased two rate multipliers in their gas price oracle six times within six days, each time raising them by 2 to 10 times. This adjustment cumulatively increased the L1 data cost parameter to 1,280 times its original benchmark. Approximately 139,000 transactions were affected, with the total cost originally estimated at around $280, but users were charged over $50,000. The majority of these transactions were automated by bots. L2BEAT clarified that the overcharging was not due to a sequencer issue but resulted from multiplier adjustments executed through a multi-signature wallet by the team. This incident has raised questions about whether Scroll previously subsidized users with below-cost rates to maintain activity. Data from DeFiLlama indicates that Scroll's total value locked (TVL) currently stands at $24 million, a significant decline of 96% from its peak of $585 million in October 2024. As of the time of reporting, Scroll has not publicly responded to the issue.

Ethereum Layer 2 Network Scroll Faces Overcharging Issue

Ethereum Layer 2 network Scroll has reportedly overcharged users by more than $50,000 in transaction fees over approximately four days. According to ChainCatcher, this occurred after the Scroll team manually increased two rate multipliers in their gas price oracle six times within six days, each time raising them by 2 to 10 times. This adjustment cumulatively increased the L1 data cost parameter to 1,280 times its original benchmark.

Approximately 139,000 transactions were affected, with the total cost originally estimated at around $280, but users were charged over $50,000. The majority of these transactions were automated by bots. L2BEAT clarified that the overcharging was not due to a sequencer issue but resulted from multiplier adjustments executed through a multi-signature wallet by the team. This incident has raised questions about whether Scroll previously subsidized users with below-cost rates to maintain activity.

Data from DeFiLlama indicates that Scroll's total value locked (TVL) currently stands at $24 million, a significant decline of 96% from its peak of $585 million in October 2024. As of the time of reporting, Scroll has not publicly responded to the issue.
Ethereum(ETH) Drops Below 2,200 USDT with a 5.06% Decrease in 24 HoursOn Apr 12, 2026, 19:50 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,200 USDT and is now trading at 2,199.120117 USDT, with a narrowed 5.06% decrease in 24 hours.

Ethereum(ETH) Drops Below 2,200 USDT with a 5.06% Decrease in 24 Hours

On Apr 12, 2026, 19:50 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,200 USDT and is now trading at 2,199.120117 USDT, with a narrowed 5.06% decrease in 24 hours.
U.S. President Trump Announces Measures Against Iranian Oil SalesOn April 13, U.S. President Donald Trump announced plans to block Iranian oil sales due to Iran's actions in the Strait of Hormuz. According to BlockBeats, Trump stated that the world relies on the United States for oil, and measures will be implemented at 10 p.m. UTC+8 to prevent Iran from selling oil. Other countries are cooperating to ensure the effectiveness of these measures. Trump highlighted that numerous ships are arriving in the U.S. to refuel and transport oil without passing through the Strait of Hormuz, suggesting a resolution to the issue. He emphasized that the world depends on the U.S. for oil, and due to the "Drill, Baby, Drill" campaign, the U.S. has increased its oil reserves, surpassing the combined reserves of Russia and Saudi Arabia. Ships are now refueling in the U.S., avoiding the need to traverse the Strait of Hormuz.

U.S. President Trump Announces Measures Against Iranian Oil Sales

On April 13, U.S. President Donald Trump announced plans to block Iranian oil sales due to Iran's actions in the Strait of Hormuz. According to BlockBeats, Trump stated that the world relies on the United States for oil, and measures will be implemented at 10 p.m. UTC+8 to prevent Iran from selling oil. Other countries are cooperating to ensure the effectiveness of these measures.

Trump highlighted that numerous ships are arriving in the U.S. to refuel and transport oil without passing through the Strait of Hormuz, suggesting a resolution to the issue. He emphasized that the world depends on the U.S. for oil, and due to the "Drill, Baby, Drill" campaign, the U.S. has increased its oil reserves, surpassing the combined reserves of Russia and Saudi Arabia. Ships are now refueling in the U.S., avoiding the need to traverse the Strait of Hormuz.
Korea Insurance Development Institute and Bank of Korea Collaborate on Digital Currency InsuranceThe Korea Insurance Development Institute and the Bank of Korea have announced a joint task force aimed at developing index insurance based on digital currency. According to NS3.AI, this initiative is part of the phase two memorandum of understanding for Project Hangang, which emphasizes digital currency and deposit tokens. The proposed insurance product will automatically pay claims in digital currency when a specified objective index meets a predetermined value.

Korea Insurance Development Institute and Bank of Korea Collaborate on Digital Currency Insurance

The Korea Insurance Development Institute and the Bank of Korea have announced a joint task force aimed at developing index insurance based on digital currency. According to NS3.AI, this initiative is part of the phase two memorandum of understanding for Project Hangang, which emphasizes digital currency and deposit tokens. The proposed insurance product will automatically pay claims in digital currency when a specified objective index meets a predetermined value.
Ethereum Price Movements Could Trigger Significant LiquidationsEthereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum surpasses $2,309, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $798 million. Conversely, if Ethereum falls below $2,093, the cumulative liquidation intensity of long positions will amount to $581 million.

Ethereum Price Movements Could Trigger Significant Liquidations

Ethereum's price fluctuations could lead to substantial liquidations on major centralized exchanges. According to ChainCatcher, Coinglass data indicates that if Ethereum surpasses $2,309, the cumulative liquidation intensity of short positions on mainstream centralized exchanges will reach $798 million. Conversely, if Ethereum falls below $2,093, the cumulative liquidation intensity of long positions will amount to $581 million.
Global Energy Crisis Intensifies as U.S. Blockades Strait of HormuzThe global energy crisis has intensified following the U.S. decision to blockade the Strait of Hormuz, a critical chokepoint for oil transportation. Bloomberg posted on X that this move has led to a surge in Brent oil prices, which have jumped to over $103 per barrel. U.S. President Donald Trump has stated that he is indifferent to whether Iran returns to the negotiation table after recent talks failed. The situation remains tense as the international community watches closely for further developments.

Global Energy Crisis Intensifies as U.S. Blockades Strait of Hormuz

The global energy crisis has intensified following the U.S. decision to blockade the Strait of Hormuz, a critical chokepoint for oil transportation. Bloomberg posted on X that this move has led to a surge in Brent oil prices, which have jumped to over $103 per barrel. U.S. President Donald Trump has stated that he is indifferent to whether Iran returns to the negotiation table after recent talks failed. The situation remains tense as the international community watches closely for further developments.
Bank of Korea Nominee Advocates for CBDCs and Stablecoins in Digital Currency EcosystemShin Hyun-song, the nominee for the governor of the Bank of Korea, has emphasized the importance of Central Bank Digital Currencies (CBDCs) and commercial bank deposit tokens in shaping the digital currency ecosystem. According to NS3.AI, Shin expressed support for a stablecoin denominated in the domestic won, highlighting that maintaining trust in the currency is paramount. He also noted that stablecoins could facilitate the exchange of tokenized assets and coexist alongside deposit tokens.

Bank of Korea Nominee Advocates for CBDCs and Stablecoins in Digital Currency Ecosystem

Shin Hyun-song, the nominee for the governor of the Bank of Korea, has emphasized the importance of Central Bank Digital Currencies (CBDCs) and commercial bank deposit tokens in shaping the digital currency ecosystem. According to NS3.AI, Shin expressed support for a stablecoin denominated in the domestic won, highlighting that maintaining trust in the currency is paramount. He also noted that stablecoins could facilitate the exchange of tokenized assets and coexist alongside deposit tokens.
Bitcoin Faces Liquidity Challenges Amid Economic IndicatorsBitcoin may face liquidity challenges, according to Delphi Digital's analysis. According to PANews, February's PCE data indicated a weakening in U.S. consumer spending even before the impact of the Iran conflict. Income levels have contracted, and real spending has shown almost no growth. Subsequently, March's CPI recorded a 3.3% increase, with energy accounting for three-quarters of the rise. The U.S. Leading Economic Index (LEI) is declining, typically leading real yields by about six months. The last occurrence of such a scenario was in 2022, when tight monetary policy coincided with an energy shock, resulting in Bitcoin's correlation with real yields turning deeply negative.

Bitcoin Faces Liquidity Challenges Amid Economic Indicators

Bitcoin may face liquidity challenges, according to Delphi Digital's analysis. According to PANews, February's PCE data indicated a weakening in U.S. consumer spending even before the impact of the Iran conflict. Income levels have contracted, and real spending has shown almost no growth. Subsequently, March's CPI recorded a 3.3% increase, with energy accounting for three-quarters of the rise. The U.S. Leading Economic Index (LEI) is declining, typically leading real yields by about six months. The last occurrence of such a scenario was in 2022, when tight monetary policy coincided with an energy shock, resulting in Bitcoin's correlation with real yields turning deeply negative.
Indonesia's Central Bank Projects 5.2% GDP Growth in Q1Indonesia's central bank has projected a GDP growth rate of 5.2% for the first quarter, according to Jin10. This forecast reflects the country's economic outlook as it navigates various domestic and international challenges. The central bank's projection aligns with efforts to maintain economic stability and growth amid global uncertainties. The anticipated growth rate is seen as a positive indicator for Indonesia's economic performance in the early part of the year.

Indonesia's Central Bank Projects 5.2% GDP Growth in Q1

Indonesia's central bank has projected a GDP growth rate of 5.2% for the first quarter, according to Jin10. This forecast reflects the country's economic outlook as it navigates various domestic and international challenges. The central bank's projection aligns with efforts to maintain economic stability and growth amid global uncertainties. The anticipated growth rate is seen as a positive indicator for Indonesia's economic performance in the early part of the year.
U.S. and Iran Maintain Temporary Ceasefire Amid TensionsU.S. President Donald Trump announced that the temporary two-week ceasefire between the United States and Iran is "generally holding well." According to Odaily, this statement comes despite the lack of progress in marathon negotiations held over the weekend in Pakistan. Trump, speaking to reporters upon his return to Washington from Florida, stated, "I think it's generally holding well. Their military has been destroyed. Their entire navy is at the bottom of the sea." He also mentioned that the U.S. would begin a blockade of the Strait of Hormuz at 10 a.m. Eastern Time on Monday. Additionally, Trump noted that two American soldiers rescued in Iran earlier this month are currently in good condition.

U.S. and Iran Maintain Temporary Ceasefire Amid Tensions

U.S. President Donald Trump announced that the temporary two-week ceasefire between the United States and Iran is "generally holding well." According to Odaily, this statement comes despite the lack of progress in marathon negotiations held over the weekend in Pakistan.

Trump, speaking to reporters upon his return to Washington from Florida, stated, "I think it's generally holding well. Their military has been destroyed. Their entire navy is at the bottom of the sea." He also mentioned that the U.S. would begin a blockade of the Strait of Hormuz at 10 a.m. Eastern Time on Monday.

Additionally, Trump noted that two American soldiers rescued in Iran earlier this month are currently in good condition.
OpenAI Founder Altman's Residence Targeted Again in San FranciscoAccording to Jin10, local media 'The San Francisco Standard' reported that the residence of OpenAI founder Sam Altman was reportedly targeted again on Sunday morning. This incident occurred just two days after a 20-year-old man allegedly threw a Molotov cocktail at the property. The San Francisco Police Department announced the arrest of two suspects, 25-year-old Amanda Tom and 23-year-old Muhammad Tariq Hussain, on charges of negligent discharge of a firearm. According to the police's preliminary report, at 1:40 a.m. on Sunday, a Honda sedan with two occupants stopped in front of Altman's residence shortly after passing by. The passenger allegedly extended their hand out of the window and fired a shot at the side of the residence facing Lombard Street. Both OpenAI and the San Francisco Police Department have not responded to requests for further comments.

OpenAI Founder Altman's Residence Targeted Again in San Francisco

According to Jin10, local media 'The San Francisco Standard' reported that the residence of OpenAI founder Sam Altman was reportedly targeted again on Sunday morning. This incident occurred just two days after a 20-year-old man allegedly threw a Molotov cocktail at the property. The San Francisco Police Department announced the arrest of two suspects, 25-year-old Amanda Tom and 23-year-old Muhammad Tariq Hussain, on charges of negligent discharge of a firearm. According to the police's preliminary report, at 1:40 a.m. on Sunday, a Honda sedan with two occupants stopped in front of Altman's residence shortly after passing by. The passenger allegedly extended their hand out of the window and fired a shot at the side of the residence facing Lombard Street. Both OpenAI and the San Francisco Police Department have not responded to requests for further comments.
Top Performing Tokens in the Last 24 HoursIn the past 24 hours, several tokens have shown significant market activity. According to ChainCatcher, the top five tokens in terms of performance are as follows: GiE8 is currently priced at $0.0002 with a market capitalization of $200,000. It has experienced a 24-hour increase of 7,200% and a trading volume of $4.49 million, with 88,516 transactions. AOW is trading at $0.0014, holding a market cap of $1.33 million. It saw a 10.3% rise over the past day, with a trading volume of $7.17 million and 89,857 transactions. SNIGGA is priced at $0.0001, with a market capitalization of $41,000. It faced a significant drop of 99.7% in the last 24 hours, with a trading volume of $16.2 million and 82,606 transactions. ALONSHOUSE is valued at $0.0006, with a market cap of $540,000. It recorded a 351.8% increase in the past day, with a trading volume of $4.03 million and 59,685 transactions. RND is currently at $0.0005, with a market capitalization of $420,000. It experienced a 17,000% rise in the last 24 hours, with a trading volume of $3 million and 49,344 transactions.

Top Performing Tokens in the Last 24 Hours

In the past 24 hours, several tokens have shown significant market activity. According to ChainCatcher, the top five tokens in terms of performance are as follows:

GiE8 is currently priced at $0.0002 with a market capitalization of $200,000. It has experienced a 24-hour increase of 7,200% and a trading volume of $4.49 million, with 88,516 transactions.

AOW is trading at $0.0014, holding a market cap of $1.33 million. It saw a 10.3% rise over the past day, with a trading volume of $7.17 million and 89,857 transactions.

SNIGGA is priced at $0.0001, with a market capitalization of $41,000. It faced a significant drop of 99.7% in the last 24 hours, with a trading volume of $16.2 million and 82,606 transactions.

ALONSHOUSE is valued at $0.0006, with a market cap of $540,000. It recorded a 351.8% increase in the past day, with a trading volume of $4.03 million and 59,685 transactions.

RND is currently at $0.0005, with a market capitalization of $420,000. It experienced a 17,000% rise in the last 24 hours, with a trading volume of $3 million and 49,344 transactions.
Kaito Token Unlock Scheduled for April 20Kaito is set to unlock approximately 12.11 million tokens on April 20 at 12:00 PM UTC+8. According to ChainCatcher, this token release is part of the Web3 asset data platform RootData's schedule. The unlocked tokens are valued at around $4.86 million.

Kaito Token Unlock Scheduled for April 20

Kaito is set to unlock approximately 12.11 million tokens on April 20 at 12:00 PM UTC+8. According to ChainCatcher, this token release is part of the Web3 asset data platform RootData's schedule. The unlocked tokens are valued at around $4.86 million.
Article
SOL Spot ETFs Experience $5.62 Million Net Outflow Last WeekAccording to Odaily citing SoSoValue data, during the last trading week (April 6 to April 10, Eastern Time), SOL spot ETFs experienced a net outflow of $5.62 million. The SOL spot ETF with the largest net outflow last week was the Grayscale SOL Trust (GSOL), with a weekly net outflow of $2.6893 million. GSOL's cumulative historical net inflow currently stands at $104 million. This was followed by the Bitwise ETF (BSOL), with a weekly net outflow of $2.6675 million. BSOL's cumulative historical net inflow currently stands at $789 million. The SOL spot ETF with the largest net inflow last week was the Invesco & Galaxy Digital ETF (QSOL), with a weekly net inflow of $247,000. QSOL's cumulative historical net inflow currently stands at $4.6 million. As of the time of writing, the total net asset value of SOL spot ETFs is $828 million. The ETF net asset ratio (its market value as a percentage of SOL's total market cap) reached 1.69%, and the cumulative historical net inflow has reached $975 million.

SOL Spot ETFs Experience $5.62 Million Net Outflow Last Week

According to Odaily citing SoSoValue data, during the last trading week (April 6 to April 10, Eastern Time), SOL spot ETFs experienced a net outflow of $5.62 million.
The SOL spot ETF with the largest net outflow last week was the Grayscale SOL Trust (GSOL), with a weekly net outflow of $2.6893 million. GSOL's cumulative historical net inflow currently stands at $104 million. This was followed by the Bitwise ETF (BSOL), with a weekly net outflow of $2.6675 million. BSOL's cumulative historical net inflow currently stands at $789 million.
The SOL spot ETF with the largest net inflow last week was the Invesco & Galaxy Digital ETF (QSOL), with a weekly net inflow of $247,000. QSOL's cumulative historical net inflow currently stands at $4.6 million.
As of the time of writing, the total net asset value of SOL spot ETFs is $828 million. The ETF net asset ratio (its market value as a percentage of SOL's total market cap) reached 1.69%, and the cumulative historical net inflow has reached $975 million.
AI TRENDS | University of California Study Reveals Security Risks in Third-Party LLM RoutersResearchers at the University of California have identified security vulnerabilities in 26 third-party large language model (LLM) routers, which can potentially inject malicious code or steal credentials from AI agent traffic. According to NS3.AI, the study highlighted that one of these routers was able to drain Ether from a decoy wallet, although the reported financial loss remained under $50. The research paper cautioned developers who utilize AI coding agents for smart contracts or wallets, noting that private keys or seed phrases could be exposed when requests are routed through unscreened routers.

AI TRENDS | University of California Study Reveals Security Risks in Third-Party LLM Routers

Researchers at the University of California have identified security vulnerabilities in 26 third-party large language model (LLM) routers, which can potentially inject malicious code or steal credentials from AI agent traffic. According to NS3.AI, the study highlighted that one of these routers was able to drain Ether from a decoy wallet, although the reported financial loss remained under $50. The research paper cautioned developers who utilize AI coding agents for smart contracts or wallets, noting that private keys or seed phrases could be exposed when requests are routed through unscreened routers.
PRECIOUS METALS | Chinese Gold Jewelry Prices Remain StableOn April 13, Jin10 reported that the prices of gold jewelry in China have shown little change compared to last Friday. According to Jin10, several brands have maintained their pricing within the range of 1,445 yuan per gram to 1,450 yuan per gram.

PRECIOUS METALS | Chinese Gold Jewelry Prices Remain Stable

On April 13, Jin10 reported that the prices of gold jewelry in China have shown little change compared to last Friday. According to Jin10, several brands have maintained their pricing within the range of 1,445 yuan per gram to 1,450 yuan per gram.
AI Technology Presents New Opportunities Amid Potential Financial CrisisOn April 13, Liquid Capital founder Yi Lihua expressed optimism about the potential resolution of ongoing conflicts, noting that motivations for continued warfare are diminishing. According to BlockBeats, Yi emphasized that peace negotiations typically evolve from disagreement to consensus, suggesting that the conflict may gradually come to an end. He remarked that both sides have no reason to continue fighting, and the moment an agreement is reached could signal a positive market shift. Yi highlighted that, in the medium to long term, the market is anticipating a potential large-scale financial crisis. He observed defensive strategies in the financial sector, such as major capital holding high cash ratios and sovereign entities increasing gold reserves. In this context, if another crisis occurs, it will be a crucial test for Bitcoin's status as a safe-haven asset and may offer significant opportunities for low-level investment. Furthermore, Yi Lihua believes that AI technology is creating new opportunities for talented entrepreneurs. He noted that small teams can develop global products, reducing costs associated with financing and organizational management. Experienced serial entrepreneurs, in particular, should seize the opportunities presented by this "AI Age of Exploration."

AI Technology Presents New Opportunities Amid Potential Financial Crisis

On April 13, Liquid Capital founder Yi Lihua expressed optimism about the potential resolution of ongoing conflicts, noting that motivations for continued warfare are diminishing. According to BlockBeats, Yi emphasized that peace negotiations typically evolve from disagreement to consensus, suggesting that the conflict may gradually come to an end. He remarked that both sides have no reason to continue fighting, and the moment an agreement is reached could signal a positive market shift.

Yi highlighted that, in the medium to long term, the market is anticipating a potential large-scale financial crisis. He observed defensive strategies in the financial sector, such as major capital holding high cash ratios and sovereign entities increasing gold reserves. In this context, if another crisis occurs, it will be a crucial test for Bitcoin's status as a safe-haven asset and may offer significant opportunities for low-level investment.

Furthermore, Yi Lihua believes that AI technology is creating new opportunities for talented entrepreneurs. He noted that small teams can develop global products, reducing costs associated with financing and organizational management. Experienced serial entrepreneurs, in particular, should seize the opportunities presented by this "AI Age of Exploration."
Hyperithm's Oil Short Positions Experience Rapid LossesAnalyst @ai_9684xtpa posted on X that Hyperithm's oil short positions have seen significant changes in just one day. Initially, these positions had a floating profit of $5.886 million, but they have now turned into a floating loss of $2.1 million. The CL short position, valued at $37.88 million, was opened at a price of $95.211 and currently has a floating loss of $1.402 million. Meanwhile, the BRENTOIL short position, valued at $35.17 million, was opened at a price of $95.986 and is experiencing a floating loss of $620 thousand. Currently, the address holds the largest leveraged position in Hyperliquid BRENTOIL and the third-largest leveraged position in CL.

Hyperithm's Oil Short Positions Experience Rapid Losses

Analyst @ai_9684xtpa posted on X that Hyperithm's oil short positions have seen significant changes in just one day. Initially, these positions had a floating profit of $5.886 million, but they have now turned into a floating loss of $2.1 million.

The CL short position, valued at $37.88 million, was opened at a price of $95.211 and currently has a floating loss of $1.402 million. Meanwhile, the BRENTOIL short position, valued at $35.17 million, was opened at a price of $95.986 and is experiencing a floating loss of $620 thousand.

Currently, the address holds the largest leveraged position in Hyperliquid BRENTOIL and the third-largest leveraged position in CL.
Daiwa Raises Gu Ming's Target Price to HKD 36On April 13, according to Jin10, Daiwa released a research report raising the target price of Gu Ming (01364.HK) from HKD 35 to HKD 36, maintaining a 'buy' rating. This corresponds to a forecasted price-to-earnings ratio of 22 times for 2026. Daiwa noted that Gu Ming's takeaway proportion has decreased from a peak of 60% in the third quarter of last year to below 50%. The management expects this trend to continue, aiming to improve franchisee profitability through initiatives such as dine-in promotions, extending morning business hours, and increasing coffee sales. The firm has also raised its earnings per share forecast for Gu Ming from 2026 to 2028 by 6% to 12%.

Daiwa Raises Gu Ming's Target Price to HKD 36

On April 13, according to Jin10, Daiwa released a research report raising the target price of Gu Ming (01364.HK) from HKD 35 to HKD 36, maintaining a 'buy' rating. This corresponds to a forecasted price-to-earnings ratio of 22 times for 2026. Daiwa noted that Gu Ming's takeaway proportion has decreased from a peak of 60% in the third quarter of last year to below 50%. The management expects this trend to continue, aiming to improve franchisee profitability through initiatives such as dine-in promotions, extending morning business hours, and increasing coffee sales. The firm has also raised its earnings per share forecast for Gu Ming from 2026 to 2028 by 6% to 12%.
Asian Markets Show Resilience Amid Geopolitical TensionsAsian stock markets continued their 'low open-recovery' trend on April 13, with Japan's Nikkei 225 and South Korea's KOSPI initially experiencing significant declines before quickly narrowing their losses. According to BlockBeats, this pattern reflects a decreasing sensitivity to geopolitical conflicts, such as the ongoing tensions involving Iran. Since the escalation of the Iran conflict, the market's Monday corrections have shown a consistent reduction in magnitude, moving from near double-digit losses to more moderate adjustments. This indicates a diminishing impact of geopolitical shocks on market sentiment. In trading dynamics, the 'Trump model' is being systematically priced in. This involves creating uncertainty through policy signals or strong statements during the week, followed by a softening stance or 'victory' outcomes over the weekend, which helps to restore expectations and drive a rebound in risk assets. As this framework is repeatedly validated, investors' willingness to trade on early-week volatility has decreased, leading to reduced selling pressure and a convergence in volatility patterns.

Asian Markets Show Resilience Amid Geopolitical Tensions

Asian stock markets continued their 'low open-recovery' trend on April 13, with Japan's Nikkei 225 and South Korea's KOSPI initially experiencing significant declines before quickly narrowing their losses. According to BlockBeats, this pattern reflects a decreasing sensitivity to geopolitical conflicts, such as the ongoing tensions involving Iran.

Since the escalation of the Iran conflict, the market's Monday corrections have shown a consistent reduction in magnitude, moving from near double-digit losses to more moderate adjustments. This indicates a diminishing impact of geopolitical shocks on market sentiment.

In trading dynamics, the 'Trump model' is being systematically priced in. This involves creating uncertainty through policy signals or strong statements during the week, followed by a softening stance or 'victory' outcomes over the weekend, which helps to restore expectations and drive a rebound in risk assets. As this framework is repeatedly validated, investors' willingness to trade on early-week volatility has decreased, leading to reduced selling pressure and a convergence in volatility patterns.
BTC Decline Affects Whale's Investment StrategyOn April 13, BTC experienced a slight decline, impacting the HYPE token, which fell before recovering above $41. According to BlockBeats, a major investor known for profiting from a long BTC exchange rate strategy is facing pressure, with a capital withdrawal of $1.9 million this week. The investor currently holds a BTC long position with 40x leverage, valued at $30.06 million at an average price of $70,557, and a HYPE short position with 5x leverage, valued at $23.03 million at an average price of $38.93. The positions were established during a previous HYPE surge, with the full setup completed by March 20, totaling approximately $53 million. Since the establishment of these positions, the investor has incurred a net loss of about $1.32 million, with the portfolio yet to achieve positive returns.

BTC Decline Affects Whale's Investment Strategy

On April 13, BTC experienced a slight decline, impacting the HYPE token, which fell before recovering above $41. According to BlockBeats, a major investor known for profiting from a long BTC exchange rate strategy is facing pressure, with a capital withdrawal of $1.9 million this week.

The investor currently holds a BTC long position with 40x leverage, valued at $30.06 million at an average price of $70,557, and a HYPE short position with 5x leverage, valued at $23.03 million at an average price of $38.93. The positions were established during a previous HYPE surge, with the full setup completed by March 20, totaling approximately $53 million.

Since the establishment of these positions, the investor has incurred a net loss of about $1.32 million, with the portfolio yet to achieve positive returns.
Article
Strategy Faces $14.5 Billion Unrealized Loss on Bitcoin HoldingsStrategy has reported an unrealized loss of approximately $14.5 billion on its Bitcoin holdings for the first quarter. According to NS3.AI, the company last acquired 4,871 Bitcoin on April 6, spending over $329.8 million. This purchase increased Strategy's total Bitcoin holdings to 766,970, valued at around $54.5 billion at current market prices. Historically, when Michael Saylor, the company's leader, shares the Bitcoin acquisition chart, it often precedes a new purchase announcement within days.

Strategy Faces $14.5 Billion Unrealized Loss on Bitcoin Holdings

Strategy has reported an unrealized loss of approximately $14.5 billion on its Bitcoin holdings for the first quarter. According to NS3.AI, the company last acquired 4,871 Bitcoin on April 6, spending over $329.8 million. This purchase increased Strategy's total Bitcoin holdings to 766,970, valued at around $54.5 billion at current market prices. Historically, when Michael Saylor, the company's leader, shares the Bitcoin acquisition chart, it often precedes a new purchase announcement within days.
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