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4/9
12:57
Star Responds to $10 Billion Bet: Not in Line with Professional Conduct
Svmuu News According to a post by Star, founder and CEO of OKX, on the X platform, both OKX and Binance are regulated by multiple regulatory bodies. As the ultimate beneficial owner (UBO) of a regulated company, publicly proposing a $10 billion bet is clearly not in line with professional conduct. I am also very curious whether Binance's regulators find this behavior acceptable.
12:31
Iranian Foreign Minister: Safe Passage Through the Strait of Hormuz Can Be Achieved Through Guidelines
Svmuu News Iranian Foreign Minister Araghchi stated that safe passage through the Strait of Hormuz can be achieved through guidelines, and the United States should stop the war in Lebanon and all regions. (Jin10)
12:15
Direct negotiations between Israel and Lebanon to commence next week
Svmuu News Direct negotiations between Israel and Lebanon are set to commence next week, according to a senior Lebanese official. Lebanon is calling for a temporary ceasefire to facilitate negotiations with Israel. Any talks will be conducted "separately, but following the same model," similar to the ceasefire agreement between Iran and the United States facilitated by Pakistan. Lebanon requires the United States to act as a guarantor for any agreement reached with Israel. (Jin10)
12:10
Analysis: Bitcoin Breaks Through $72,000 as Middle East Ceasefire Hopes Boost Market Sentiment
Svmuu According to reports, boosted by expectations of an easing in the Middle East situation, Bitcoin's price rose rapidly. Israeli Prime Minister Benjamin Netanyahu was reportedly instructed to initiate negotiations with Lebanon, and previously, Trump also demanded that Israel reduce military operations to maintain the ceasefire process. Following the news, Bitcoin quickly rose by approximately 3%, currently trading around $72,300, with a 24-hour gain of about 2%, significantly outperforming mainstream crypto assets; Ethereum, Solana, and XRP all gained less than 1%. Meanwhile, U.S. stocks also halted their decline and rebounded, while oil prices retreated from their intraday highs.
It is noteworthy that Bitcoin's price movement has shown a clear divergence from that of tech stocks. The 20-day rolling correlation coefficient between the two has dropped to around 0.34, indicating that Bitcoin is gradually decoupling from its linkage with tech stocks and is being driven more by macro geopolitical factors and safe-haven sentiment. (CoinDesk)
12:06
Spot gold rises above $4,800
Svmuu News According to Gate data, spot gold has risen above $4,800 per ounce, up 1.71% intraday. Spot silver has gained $2.00 intraday, currently trading at $76.10 per ounce, up 2.70%.
12:05
NATO Secretary-General: Willing to Play a Role in Potential Strait of Hormuz Operations
Svmuu News NATO Secretary-General Mark Rutte stated that NATO is willing to play a role in potential Strait of Hormuz operations if possible. Within the framework of a stronger NATO, a more powerful Europe will not take U.S. leadership for granted. Thanks to U.S. leadership and the collective commitment to continuously safeguarding freedom and security, NATO is growing stronger. (Jin10)
12:01
U.S. Treasury Department Launches Cybersecurity Information Sharing Mechanism for the Digital Asset Industry
Svmuu News The U.S. Department of the Treasury has announced the launch of a cybersecurity information sharing program for the digital asset industry. Led by its Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), the initiative aims to enhance the ability of crypto enterprises to respond to cyberattacks. This mechanism will provide timely, actionable cyber threat intelligence free of charge to eligible U.S. digital asset companies and industry organizations, helping them identify, prevent, and respond to cyberattacks targeting users and platforms.
Furthermore, policymakers emphasized that cyberattacks targeting digital asset platforms are becoming more frequent and sophisticated. This move will strengthen corporate defense capabilities, reduce risks, and improve incident response efficiency. Analysis suggests this marks an acceleration in the U.S. effort to incorporate the crypto industry into a security regulatory framework on par with traditional finance. As the importance of digital asset enterprises within the financial system continues to grow, their security resilience has become a crucial component of systemic stability. By providing the crypto industry with security intelligence at the same level as that available to traditional financial institutions, it helps build a safer and more standardized industry ecosystem.
11:58
CME Bitcoin Futures Activity Hits 14-Month Low, Possibly Triggered by Basis Trade Ineffectiveness Leading to Institutional Capital Outflow
Svmuu News The Bitcoin futures market at the Chicago Mercantile Exchange (CME) continues to weaken. Data shows that the average daily open interest (OI) for March 2026 contracts has fallen below $80 billion, dropping further to around $72 billion in early April, marking the lowest level since February 2024. This represents the fifth consecutive month of decline. Meanwhile, the monthly trading volume for March fell to $163 billion, nearly halving from its peak in January 2025.
Market analysis indicates that this round of decline is primarily attributed to the large-scale unwinding of "basis trades." Previously, institutions drove the growth of CME positions by buying spot ETFs and shorting CME futures to capture the price spread. However, as Bitcoin's price retreated from its high of $120,000 to below $70,000, the annualized basis spread has significantly compressed. The current spread of about 5% is approaching the risk-free rate level of approximately 4.5%. After accounting for funding costs and counterparty risk, the arbitrage opportunity has essentially disappeared, prompting leveraged capital to withdraw. (The Block)
11:57
Telegram Founder Announces TON Completes Major Upgrade Achieving "Second-Level Confirmation," Performance Boost Drives Application Expansion
Svmuu News: Telegram founder Pavel Durov announced that The Open Network (TON) has completed a major upgrade, increasing block generation speed by 6 times and overall performance by approximately 10 times. Transaction confirmation time has been reduced to sub-second levels, achieving a "near-instant" transaction experience.
TON officials stated that this upgrade is based on the advancement of Catchain 2.0. The previous confirmation time of about 10 seconds limited the experience of instant payments and application responsiveness. This upgrade will make "completing payments as easily as sending messages" possible. Additionally, TON mentioned that a higher block generation frequency will increase validator rewards and enhance staking incentives.
Pavel Durov stated that this upgrade is the first step in the "Make TON Great Again" seven-step plan. The next phase will further reduce transaction fees by approximately 6 times. (The Block)
11:46
In the past hour, the entire network liquidated $101 million, with BTC liquidations reaching $80.39 million
Svmuu News According to Coinglass data, the entire network liquidated $101 million in the past hour, with short positions accounting for $97.07 million and long positions for $3.54 million. Additionally, BTC liquidations reached $80.39 million, while ETH liquidations amounted to $11.79 million.
11:40
Israeli Prime Minister Netanyahu: Direct Talks with Lebanon to Begin as Soon as Possible
Svmuu News Israeli Prime Minister Benjamin Netanyahu stated that, in light of Lebanon's repeated requests for direct talks with Israel, he has instructed to commence direct negotiations with Lebanon as soon as possible. The talks will focus on disarming Hezbollah and establishing peaceful relations between Israel and Lebanon. Israel appreciates the Lebanese Prime Minister's call today for the demilitarization of Beirut. (Jin10)
11:39
UK, US, and Canada Joint Operation Freezes $12 Million in Crypto Scam Funds
Svmuu News According to a recent development in the multinational law enforcement operation "Operation Atlantic" led by the UK, law enforcement agencies from the United States, the United Kingdom, and Canada have jointly frozen over $12 million in funds linked to cryptocurrency scams and identified more than 20,000 victims. The operation, which began in March this year, was spearheaded by the UK's National Crime Agency (NCA) in collaboration with the US Secret Service, the Ontario Provincial Police, and the Ontario Securities Commission. It focused on combating "approval phishing" type cryptocurrency scams. Law enforcement agencies stated that the operation targeted approximately $45 million in losses related to crypto scams and successfully froze a portion of those funds. (Cointelegraph)
11:35
BTC Breaks Through 72,000 USDT, 24H Gain 1.16%
Svmuu News According to OKX market data, BTC has broken through 72,000 USDT and is currently trading at 72,013 USDT, with a 24-hour gain of 1.16%.
11:33
Enhanced Labs Completes $1 Million Pre-Seed Funding Round with Participation from GSR and Others
Svmuu News DeFi solution provider Enhanced Labs announced the completion of a $1 million Pre-Seed funding round. The round was led by Maximum Frequency Ventures, with participation from GSR, Selini, Flowdesk, and a group of angel investors. The new capital is expected to be used to support product development and operations, while also driving the expansion of option-based yield strategies to a broader range of on-chain assets, including tokenized real-world assets. (Decrypt)
11:31
Maine's Proposed Data Center Construction Ban Sparks Industry Controversy
Svmuu News Maine, USA, is advancing landmark legislation that could make it the first state in the nation to suspend data center construction. The local legislature has passed a bill text proposing a ban on new data center construction in the state until November 2027, while establishing a special committee to study a regulatory framework to prevent electricity price increases and other potential impacts.
The bill has received bipartisan support but faces strong opposition from the tech industry and businesses. Industry insiders warn that even a short-term suspension could leave Maine behind in the global data center competition. With the rapid development of the AI industry, a wave of data center construction is sweeping across the United States, making this issue a political focal point. However, the bill still requires final approval or veto from Governor Janet Mills, whose decision is also influenced by her Senate campaign situation, leaving the policy direction uncertain.
Proponents argue that Maine already faces high electricity prices, and a construction pause would buy time to enhance energy supply and prevent further burden on residents. Opponents counter that attracting more corporate electricity demand could help spread costs and point out that existing approval processes are sufficient to regulate project risks. Currently, tech giants including Meta, Google, and Microsoft are continuing to expand their data center footprints in other states. (CNBC)
11:23
U.S. Bitcoin ETFs saw a net outflow of 2,242 BTC today, while Ethereum ETFs experienced a net outflow of 23,158 ETH
Svmuu News According to Lookonchain monitoring, U.S. Bitcoin ETFs saw a net outflow of 2,242 BTC today, Ethereum ETFs had a net outflow of 23,158 ETH, and Solana ETFs recorded a net outflow of 30,226 ETH.
11:21
Spot gold surged by $14 in the short term, breaking through $4780 per ounce
According to Gate data, spot gold strengthened by $14 in the short term, breaking through $4780 per ounce, with a daily increase of 1.28%.
11:20
Amazon plans to invest $25 billion in Mississippi to build data centers
Svmuu News Amazon (AMZN.O) plans to invest $25 billion in Mississippi to build data centers, which will create 2,000 jobs. (Jin10)
11:12
Trump Exposed Pressuring NATO Members: Assist in Securing the Strait of Hormuz in the Coming Days
Svmuu News Three European diplomats revealed to Reuters on Thursday that NATO Secretary-General Mark Rutte has informed some member states that U.S. President Trump hopes allies will make concrete commitments in the coming days to assist in ensuring the security of the Strait of Hormuz. In recent weeks, Trump has repeatedly criticized NATO as a "paper tiger" and even threatened to withdraw from the 32-member transatlantic alliance. He believes that while Washington's European allies enjoy U.S. security guarantees, they have provided insufficient support for the U.S. and Israel's bombing operations in Iran.
Currently, the United Kingdom is leading a coalition of approximately 40 countries in an attempt to develop a military and diplomatic plan aimed at reopening and protecting the Strait of Hormuz. However, there are almost no signs of any substantive breakthrough being achieved in the near term. French President Emmanuel Macron stated on Wednesday that about 15 countries are planning to jointly promote the resumption of navigation through the strait. (Jin10)
11:01
SEC Chairman Responds to Besant: Ready to Implement CLARITY Act Once Congress Takes Action
Svmuu News: U.S. SEC Chairman Paul Atkins posted on the X platform in response to Besant, stating: Once Congress takes action, the U.S. SEC and CFTC will be ready to implement the CLARITY Act.
U.S. Treasury Secretary Besant previously stated that Congress has spent nearly five years trying to pass a framework to ensure the future development of the financial industry. It is now time for Senate Banking Republicans to deliberate and submit the CLARITY Act to President Trump for signing.

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