🚀 Bitcoin Stabilizes as US Core PCE Inflation Meets Expectations
US core PCE inflation for February was reported at 3% year-on-year and 0.4% month-on-month, aligning with market expectations and reducing uncertainty. According to NS3.AI, Bitcoin's price stabilized after previously reaching approximately $73,000. Investors are exercising caution regarding Federal Reserve rate-cut expectations for the year. Mohamed El-Erian emphasized that CPI data this week holds greater significance for markets than PCE, especially in light of fluctuating oil prices.
🚀 German Chancellor Merz Supports Maritime Operations in Strait of Hormuz
German Chancellor Merz has expressed his willingness to support maritime operations in the Strait of Hormuz, contingent upon authorization. According to NS3.AI, this statement comes amid ongoing discussions about ensuring security and stability in the region. The Strait of Hormuz is a critical passage for global oil shipments, and its security is vital for international trade. Chancellor Merz's support highlights Germany's commitment to contributing to international efforts aimed at maintaining safe passage through this strategic waterway.
🚀 Russia Offers Discounted LNG to South Asia Amid Energy Strain
Russia is reportedly providing liquefied natural gas (LNG) to South Asian countries at approximately $60 per barrel, significantly below the market rate of around $100. According to NS3.AI, this offer was extended to BRICS members and other regional buyers last week, with intermediary companies in China and Russia facilitating the shipments. The discounted offer arises amid ongoing energy supply challenges around the Strait of Hormuz and concerns over potential U.S. tariff retaliation.
🚀 DOJ and CFTC Seek to Block Arizona's Action Against Kalshi
The U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) have filed a motion in federal court to halt Arizona's criminal and civil enforcement actions against Kalshi. According to NS3.AI, the agencies contend that event contracts regulated by the CFTC are beyond the jurisdiction of state authorities and are governed by federal commodity law.
Crypto investor Huang Licheng has recently closed his HYPE long position, according to Odaily. He continues to increase his leverage on Ethereum, holding 12,300 ETH with a position value of $26.611 million and a liquidation price of $2,081.
🚀 PRECIOUS METALS | Tether Gold Launches on Conflux for Seamless Transfers
Tether Gold (XAUt) has launched its full-chain deployment version, XAUt0, on the Conflux network. According to Foresight News, this introduction allows for seamless transfers of tokenized gold across supported blockchains. Previously, USDT0 was also launched on Conflux, offering unified dollar liquidity.
🚀 IMF Lowers Global Economic Growth Forecast Due to Iran Conflict
The International Monetary Fund (IMF) has revised its global economic growth forecast downward, citing the ongoing conflict in Iran as a significant factor. According to Jin10, IMF Managing Director Kristalina Georgieva announced the adjustment, highlighting the impact of geopolitical tensions on the global economy. The conflict has disrupted trade and investment flows, leading to increased uncertainty in international markets. Georgieva emphasized the need for diplomatic efforts to resolve the situation and mitigate its economic repercussions. The IMF's revised outlook underscores the interconnectedness of global economies and the potential for regional conflicts to have widespread economic consequences.
🚀 IMF Chief Georgieva: War Impact Raises Short-Term Inflation Expectations
IMF Chief Kristalina Georgieva stated that the ongoing conflict has led to an increase in short-term inflation expectations. According to Jin10, Georgieva emphasized that despite the immediate pressures, long-term inflation expectations remain unchanged. She highlighted the challenges posed by geopolitical tensions and their influence on global economic stability. Georgieva's remarks underscore the complexity of managing inflation in the current global environment, where short-term disruptions can affect economic forecasts while long-term projections remain stable.
🚀 U.S. February Wholesale Inventories Rise 0.8%, Exceeding Expectations
U.S. wholesale inventories increased by 0.8% in February, surpassing the anticipated decline of 0.4%, according to Jin10. The previous month's inventory level had decreased by 0.50%. This unexpected rise in inventories may indicate shifts in supply chain dynamics or changes in demand patterns within the wholesale sector.
🚀 Ethereum Developer Joe Sharich Announces Congressional Run in Virginia
Ethereum developer Joe Sharich has declared his candidacy for the U.S. House of Representatives as a Democrat in a suburban Virginia district. According to NS3.AI, Sharich is notable for being the first cryptocurrency developer to seek a congressional seat. His campaign is expected to focus on leveraging his expertise in blockchain technology to address various legislative challenges.
🚀 Germany Considers Support for Hormuz Strait Mission Amid Rising Oil Prices
German Chancellor Merz has indicated that oil prices may rise beyond February levels. According to Odaily, Germany is prepared to support a maritime mission in the Strait of Hormuz if authorized. The country is currently re-engaging in direct dialogue with Iranian leadership in Tehran.
🚀 Germany Engages in Direct Talks with Iran, Merkel Announces
Germany is reinitiating direct discussions with Iran's leadership in Tehran, according to BlockBeats. On April 9, German Chancellor Merkel stated that Germany is prepared to support a maritime mission in the Strait of Hormuz if authorized. This development marks a significant step in diplomatic relations between the two nations.
🚀 Wyoming's Digital Asset Regulation Discussed in Senate Roundtable
U.S. Senator Cynthia Lummis, chair of the Senate Digital Assets Banking Subcommittee, hosted a roundtable at the Wyoming State Capitol. According to Foresight News, the event included discussions with Comptroller Jonathan V. Gould and Governor Mark Gordon on the state's current digital asset regulatory landscape, the significance of a dual banking system, and how banking regulation can support responsible financial innovation.
Lummis emphasized Wyoming's leadership in the digital asset sector, noting that efforts initiated nearly a decade ago in the state have laid the groundwork for current federal initiatives. She highlighted Wyoming's comprehensive digital asset regulatory framework and expressed the importance of Comptroller Gould's visit to ensure federal policies reflect effective practices.
🚀 MoonPay Collaborates to Introduce Stablecoin Payments in Retail
MoonPay has announced a partnership with WalletConnect and Ingenic to integrate stablecoin payments into physical retail environments. According to Foresight News, MoonPay's Virtual Accounts, supported by Iron, will facilitate fiat settlement for stablecoin transactions at checkout.
🚀 Morgan Stanley's Bitcoin Trust Launches with Strong Inflows on NYSE Arca
Morgan Stanley's Bitcoin Trust (MSBT) made its debut on the NYSE Arca on Wednesday, attracting $30.6 million in first-day inflows and generating approximately $34 million in trading volume. According to NS3.AI, as of April 8, MSBT held 444.4 Bitcoin, valued at around $31.7 million, and offered the lowest fee among U.S. spot Bitcoin ETF competitors. This marks the first spot Bitcoin ETF launched by a U.S. bank. On the same day, BlackRock's IBIT led with $40 million in inflows. Data from Farside indicates that total net outflows across U.S. spot Bitcoin ETFs amounted to $124.5 million on Wednesday.
🚀 Crude Oil Short Position Faces $2 Million Loss Amid Negative Funding Fees
A wallet identified as 0x63c has opened a significant short position on crude oil through Hyperliquid, initially valued at $30 million. According to NS3.AI, this position is currently experiencing a floating loss of $2 million. Despite the loss, the position is generating approximately $388,000 daily in funding fees due to negative crude oil funding rates.
🚀 Etherscan Enhances Contract Page with New Features
Etherscan has announced a revamp of its contract page, introducing an IDE-style code browser. According to Foresight News, the update includes features such as file tree navigation, multi-file tabs, contract outline jumping, and cross-file keyword search.
The redesign also improves the interaction interface for reading and writing contract pages, aiming to enhance the user experience in reading and operating smart contracts. Users can now switch to full-screen mode and open matching contract codes directly in Blockscan and Ethereum Remix for editing.
🚀 PRECIOUS METALS | Spot Gold Reaches $4,760 per Ounce with 0.86% Daily Increase
Spot gold prices have risen to $4,760 per ounce, marking a 0.86% increase within the day. According to Jin10, this upward movement reflects ongoing market dynamics influencing precious metals.
🚀 AlphaTON Capital Secures $43 Million Strategic Funding for AI Infrastructure
AlphaTON Capital has announced a strategic financing agreement with Vertical Data, valued at approximately $43 million. According to Foresight News, the deal is expected to be finalized by the second quarter of 2026. The funding will focus on AI hardware deployment, accelerating the development of privacy computing and sovereign AI infrastructure. This initiative aims to support the integration of AI, digital assets, and confidential computing. Additionally, AlphaTON's AI and privacy computing infrastructure will provide foundational computing power for applications related to partners such as Telegram and Animoca Brands.
🚀 Drift Faces $285 Million Exploit Due to Social Engineering Tactics
Drift experienced a significant exploit amounting to $285 million, attributed to suspected North Korean operatives employing in-person social engineering against its contributors. According to NS3.AI, the group targeted contributors at several major industry conferences over a six-month period leading up to the exploit. TRM Labs identified this incident as the largest DeFi hack of 2026 to date and the second-largest exploit in Solana's history. The attacker reportedly utilized CarbonVote Token to secure collateral acceptance, increase withdrawal limits, and extract assets, including USDC.
