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Overnight focus centered on U.S. policy shifts. Strong expectations for sustained high Fed rates coincided with significant crypto-related moves from Congress and regulators, potentially reshaping the market landscape through mining legislation and retirement fund investment proposals.
Read MoreU.S. President Trump made conflicting statements on U.S.-Iran negotiations, claiming progress while threatening to destroy Iran's power plants, oil wells, and Kharg Island if a deal isn't reached quickly and the Strait of Hormuz remains blocked. Iran has not yet responded.
Read MoreIran's parliamentary security committee has passed a bill to impose tolls on vessels passing through the Strait of Hormuz. The measure bans US and Israeli ships, restricts nations involved in unilateral sanctions against Iran, and establishes a financial system in Iranian rial. Cooperation with Oman will shape the legal framework.
Read MoreNY Fed President Williams stated current monetary policy sufficiently addresses near-term inflation risks. He highlighted supply shocks from geopolitical conflicts and energy price fluctuations, projecting steady U.S. growth with inflation gradually returning to target levels.
Read MorePresident Zelenskyy warns that extended warfare in the Middle East could divert global resources, strengthening Russia's position. He fears critical shortages in Ukraine's air defense and weapon supplies, revealing intelligence on potential Russia-Iran military coordination. Energy market volatility adds to Ukraine's strategic challenges.
Read MoreMarket pricing indicates a 97.4% probability the Fed holds rates steady in April, with expectations shifting toward a prolonged pause. The focus is now on June, where rates are also overwhelmingly expected to remain unchanged, signaling a potential end to the tightening cycle.
Read MoreMorgan Stanley has revised its global asset allocation, downgrading equities to 'neutral' while upgrading U.S. Treasuries and cash to 'overweight'. The move reflects heightened uncertainty around oil supply and growing downside risks for risk assets.
Read MoreA new US Senate bill aims to boost domestic cryptocurrency mining and legally establish a national strategic Bitcoin reserve. It proposes a voluntary certification program for mining operations while reducing reliance on equipment from certain foreign sources.
Read MoreA Maryland man faces computer fraud and money laundering charges for allegedly exploiting a DeFi protocol in 2021, illegally extracting $54 million by manipulating smart contracts. He could receive up to 30 years in prison, with prosecutors noting part of the funds were used to purchase rare collectibles including Apollo 11 mission artifacts.
Read MoreIran's Foreign Ministry spokesperson has publicly refuted claims of negotiations, stating that no direct talks with the US have occurred since the conflict began. He indicated that US proposals were relayed via intermediaries, while Iran's focus remains on defending its fundamental interests against military aggression.
Read MoreThe White House confirms military operations against Iran are proceeding as planned, with an estimated duration of 4-6 weeks. Iran has permitted 20 oil tankers through the Strait of Hormuz, with expectations for 20 more soon, citing ongoing direct and indirect negotiations between the two nations.
Read MoreThe US Labor Department has proposed groundbreaking rule changes permitting cryptocurrency investments within 401(k) retirement plans. This move signals a historic integration between traditional pension systems and digital assets, potentially reshaping retirement portfolios for millions of Americans.
Read MoreStrive Asset Management and Tuttle Capital Management have partnered to launch an ETF focusing on digital credit instruments. The product targets specific preferred shares and is slated for listing on Cboe. This move highlights the growing integration of digital assets with traditional financial structures, offering investors novel portfolio options.
Read MoreLeading crypto exchange Coinbase has revealed plans to list the EDGEX token. This move is expected to significantly enhance the token's liquidity and accessibility for a global investor base.
Read MoreWhite House press secretary indicated President Trump may call on Arab nations to bear costs related to Iran conflicts. She stated the president holds clear views and will elaborate further, suggesting U.S. seeks regional allies' financial分担.
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