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4/21
18:04
Svmuu According to a post by U.S. President Trump on "Truth Social" on the afternoon of April 21 local time, in response to requests from the Chief of Army Staff and the Prime Minister of Pakistan, the United States will temporarily suspend military strikes against Iran, extend the ceasefire period, and require Iran to first present a unified negotiation proposal. During this period, the U.S. military will continue to enforce a maritime blockade against Iran while maintaining a state of military readiness. He stated that the ceasefire will last until Iran submits its proposal and completes negotiations, "regardless of the outcome."
18:03
Svmuu News: An advisor to the Speaker of the Iranian Parliament stated that Trump's ceasefire extension is meaningless, and the losing side cannot dictate the terms. The continuation of the U.S. blockade is no different from bombing and must be met with a military response. Trump's extension of the ceasefire is undoubtedly to buy time for a surprise attack, and Iran must take the initiative to strike first.
18:03
Svmuu News According to reports, in response to U.S. President Trump's announcement of extending the ceasefire, a spokesperson for the Khatam al-Anbiya Central Command of the Iranian Armed Forces warned the United States early this morning (April 22), stating, "The Iranian Armed Forces have long been 100% combat-ready and are prepared to open fire at any moment. Should any aggression or action against Iran occur, Iran will immediately strike predetermined targets with formidable force, delivering a lesson to the United States and Israel that is more severe than any in the past."
18:02
Svmuu News Etherealize has released its latest report, adjusting the long-term price expectation for Ethereum (ETH) to $250,000.
This prediction is based on a core assumption: if ETH can capture a "monetary premium" similar to gold and Bitcoin, securing a place in the approximately $31 trillion store-of-value market, its price could reach this level.
The report argues that ETH possesses unique historical attributes, serving not only as a store of value but also as a "yield-generating asset," distinguishing it from traditional asset forms.
18:00
Svmuu News Kevin Warsh stated during a Senate hearing that digital assets "have become part of the U.S. financial system" and supports their inclusion into the financial system to provide investors with more opportunities and protection.
This statement is seen as a signal of a generally more open policy towards the cryptocurrency industry should he become the Federal Reserve Chair. Warsh has previously referred to Bitcoin as an "important asset that aids in policy-making."
However, Elizabeth Warren expressed concerns during the hearing, mentioning potential risks in the crypto space such as "sock puppet" accounts, emphasizing the need for enhanced regulation and prevention of abuse.
17:55
Svmuu News SoFi announced that its crypto business now supports XRP deposits, but the temporary inability to withdraw XRP to external wallets has sparked user dissatisfaction.
Currently, users can only hold or trade XRP within the platform and cannot transfer it out to on-chain wallets. This design has been criticized by some users as an "ETF-like model," arguing that it only provides price exposure without truly connecting to the crypto ecosystem.
SoFi stated that it will enable withdrawal functionality in the future but has not provided a specific timeline.
17:52
Svmuu News Letitia James has filed lawsuits against Coinbase and Gemini, alleging that they provide "disguised gambling" services through their prediction market platforms, violating New York state law.
Regulators argue that this type of trading based on event outcomes (such as sports, elections) is essentially a form of gambling activity. They particularly question the platforms allowing participation from users aged 18 to 21, while New York law sets the minimum age for sports betting at 21. Prosecutors are seeking substantial fines and the disgorgement of profits, including claims of at least $2.2 billion from Coinbase and at least $1.2 billion from Gemini.
The two companies have not yet formally responded, but Coinbase stated that prediction markets are regulated by the Commodity Futures Trading Commission, implying their legality falls under federal jurisdiction.
17:50
Svmuu News The PACE Act, proposed by bipartisan U.S. lawmakers, aims to allow compliant non-bank payment institutions direct access to the Federal Reserve's payment system, garnering support from the cryptocurrency industry.
The bill would establish a federal framework overseen by the Office of the Comptroller of the Currency, providing a unified registration pathway for payment companies and requiring them to maintain 1:1 reserves while meeting risk control and record-keeping compliance requirements. Eligible institutions would gain access to core payment networks such as Fedwire, FedNow, and FedACH.
The legislative goal is to reduce payment costs, improve speed and reliability, making the transfer experience as simple as "sending a text message." Industry perspectives suggest this move could potentially break the traditional banking monopoly on underlying payment infrastructure, opening a crucial gateway for stablecoins and crypto payment companies, further promoting openness and competition within the financial system.
15:42
Svmuu News According to OKX market data, BTC has fallen below 75,000 USDT, currently trading at 74,984.6 USDT, with a 24-hour decline of 1.67%.
14:14
Svmuu News Polymarket announced in a post that it will launch a Perpetual Contracts (Perps) feature, allowing users to participate in prediction market trading with leverage on the platform in the future. Early access registration is now open.
12:54
Svmuu News White House officials stated that Witkoff and Kushner have also not left the United States. They were originally scheduled to travel to Pakistan as members of the U.S. delegation alongside Vance, but all three individuals are currently remaining within U.S. territory. (Jin10)
12:43
Svmuu News: During his confirmation hearing before the Senate Banking Committee, Federal Reserve Chair nominee Kevin Warsh faced questions regarding his financial disclosures exceeding $100 million, potential conflicts of interest, and the Fed's independence. Senator Elizabeth Warren raised concerns that he might provide special accounts for the Trump family's crypto company or bailouts for Wall Street. Kevin Warsh stated that his holdings include cryptocurrencies and AI companies, and he pledged to divest these assets before taking office if his nomination is confirmed. Regarding cryptocurrencies, Kevin Warsh stated that digital assets are part of the U.S. financial services industry. Additionally, Kevin Warsh denied that Trump had ever asked him to commit to any specific interest rate decisions. Jerome Powell's current term is set to end on May 15th, and Polymarket users predict a 78% probability that his nomination will be approved before June.
12:32
Svmuu News KALSHI will launch perpetual futures cryptocurrency trading.
12:30
Svmuu News: Iranian Foreign Ministry Spokesperson: No decision has been made yet on whether to attend the talks. (Jin10)
12:05
Svmuu News White House official: US Vice President Vance has not yet departed for talks in Iran. (Jin10)
12:00
Svmuu News According to recent reports, Iran announced a Bitcoin toll of $1 per barrel for oil tankers passing through the Strait of Hormuz. Subsequently, scammers impersonating Iranian government officials sent false information to shipowners. On April 18th, at least one tanker that had paid Bitcoin fees to the scammers was fired upon and intercepted by Iranian vessels while attempting to pass through the strait, forcing it to turn back. Greek maritime risk management company MARISKS warned that criminals are demanding shipowners pay fees in Bitcoin or Tether and instructing them to submit documents for assessment by a so-called Iranian security department. MARISKS confirmed that the aforementioned demands are all part of a scam, and the specific identities of the affected companies remain unclear.
11:38
Svmuu News Fed Reserve Chair Nominee Warsh: Need to gradually and cautiously reduce the balance sheet. (Jin10)
11:32
According to Gate data, both WTI and Brent crude oil prices continue to rise, with WTI crude oil surpassing $92 per barrel, up nearly 4% intraday. Brent crude oil rose 3.65% intraday, reported at $93.68 per barrel.
11:25
Svmuu News: CNN reports that Vance will attend a White House meeting, but his trip to Pakistan remains uncertain.
11:23
Svmuu News A 50-page report commissioned by Coinbase indicates that although current quantum computers are not yet capable of cracking the encryption technologies of networks like Bitcoin and Ethereum, fault-tolerant large-scale quantum computers will eventually be built, and the crypto industry must begin preparations now. The report was authored by an independent advisory committee, including cryptographers and scholars such as Dan Boneh from Stanford University, Justin Drake from the Ethereum Foundation, and Sreeram Kannan from Eigen Labs.
The report states that estimates for the time it would take quantum computers to break current encryption standards range from several years to over a decade. The U.S. National Institute of Standards and Technology recommends migrating to post-quantum cryptography by 2035, but the report suggests this timeline may be optimistic. Post-quantum cryptography already exists and is undergoing standardization, but post-quantum digital signatures can be tens to hundreds of times larger than existing signatures, potentially increasing block sizes by up to 38 times and introducing challenges such as wallet migration. The Ethereum Foundation has proposed a post-quantum digital signature scheme, and projects like Solana are also experimenting with post-quantum wallet designs. The report recommends adopting flexible transition strategies, such as hybrid systems, to prepare for future upgrades without compromising current security.

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