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On April 8, U.S. President Trump stated that if negotiations between the U.S. and Iran do not proceed smoothly, the U.S. will be able to easily resume military actions against Iran. (Xinhua News Agency)

[Trump: Military Action Against Iran Can Be Easily Resumed if Negotiations Fail]On April 8, U.S. President Trump stated that if negotiations between the U.S. and Iran do not proceed smoothly, the U.S. will be able to easily resume military actions against Iran. (Xinhua News Agency)

Trump: Military Action Against Iran Can Be Easily Resumed if Negotiations Fail

On April 8, according to the Washington Post, the Trump administration is expected to significantly reduce its funding request for the Iran war, potentially cutting the funding to between $80 billion and $100 billion. This amount is less than half of the over $200 billion initially proposed by the Pentagon to the White House in May.

[US Government May Cut Funding Request for Iran War by More Than Half]On April 8, according to the Washington Post, the Trump administration is expected to significantly reduce its funding request for the Iran war, potentially cutting the funding to between $80 billion and $100 billion. This amount is less than half of the over $200 billion initially proposed by the Pentagon to the White House in May.

US Government May Cut Funding Request for Iran War by More Than Half

On April 8, QCP released a market outlook stating that Bitcoin has risen above $71,000 due to a two-week ceasefire agreement between the U.S. and Iran. However, this ceasefire is conditional and has not led to a lasting resolution. The options market indicates that this recent increase is more akin to an event-driven squeeze, with front-end BTC implied volatility decreasing, yet skew deepening and demand for downside puts remaining strong. The term structure remains in contango, indicating that the market has not abandoned hedging. QCP believes that the current market caution is justified. Recent attacks on Saudi energy infrastructure highlight that even with shipping recovery, turbulence risks persist. The macroeconomic situation remains complex. While U.S. employment data has rebounded, underlying labor indicators are weakening, forcing the Federal Reserve to balance between sluggish economic growth and a resurgence of energy-driven inflation. This week's Consumer Price Index will be the next critical test.

[QCP: Bitcoin Cautiously Rebounds Amid Ongoing Turbulence Risks]On April 8, QCP released a market outlook stating that Bitcoin has risen above $71,000 due to a two-week ceasefire agreement between the U.S. and Iran. However, this ceasefire is conditional and has not led to a lasting resolution. The options market indicates that this recent increase is more akin to an event-driven squeeze, with front-end BTC implied volatility decreasing, yet skew deepening and demand for downside puts remaining strong. The term structure remains in contango, indicating that the market has not abandoned hedging. QCP believes that the current market caution is justified. Recent attacks on Saudi energy infrastructure highlight that even with shipping recovery, turbulence risks persist. The macroeconomic situation remains complex. While U.S. employment data has rebounded, underlying labor indicators are weakening, forcing the Federal Reserve to balance between sluggish economic growth and a resurgence of energy-driven inflation. This week's Consumer Price Index will be the next critical test.

QCP: Bitcoin Cautiously Rebounds Amid Ongoing Turbulence Risks

On April 8, Beijing time, as the deadline for the previous 'ultimatum' approached, Iran reached a two-week ceasefire agreement with the United States and Israel under special conditions. Under Iranian coordination, the Strait will be safe for passage over the next two weeks. Notably, both sides subsequently declared themselves as having achieved complete victory. US President Trump stated in an interview with AFP on the 7th that the issue of Iran's uranium enrichment would be 'perfectly handled.' He also claimed that the two-week ceasefire was a 'total and complete victory' for the US. Additionally, according to CCTV News, the Iranian Supreme National Security Council congratulated the Iranian people on their victory in a statement. The statement claimed that the US had, in principle, committed to: · Guarantee no further military actions · Acknowledge Iran's continued control over the Strait of Hormuz · Accept Iran's uranium enrichment activities · Lift all primary and secondary sanctions against Iran · Compensate for damages caused to Iran. However, this statement was later contradicted by subsequent news reports, as Iranian Parliament Speaker Ghalibaf is set to lead an Iranian delegation to negotiations with the US in Islamabad, Pakistan, with the US delegation led by Vice President Vance. The US and Iranian delegations are expected to further negotiate in Islamabad on April 10 to reach a final agreement to resolve all disputes. Furthermore, the Iranian Navy informed vessels near the Strait of Hormuz on Wednesday morning that passage through the Strait still requires permission from Iran. A recording shared by a crew member indicated: 'All vessels must obtain permission from the Iranian Islamic Revolutionary Guard Corps Navy to pass through the Strait. Any vessel attempting to cross without permission will be destroyed.' This suggests that the ceasefire agreement may be limited to a cessation of hostilities, as both sides have not actually reached an agreement on specific points of conflict, and their attitudes remain quite rigid, at least in their public declarations.

[Both US and Iran Claim 'Complete Victory'? Actual Agreement Still Pending, April 10 May Be a Key Date]On April 8, Beijing time, as the deadline for the previous 'ultimatum' approached, Iran reached a two-week ceasefire agreement with the United States and Israel under special conditions. Under Iranian coordination, the Strait will be safe for passage over the next two weeks. Notably, both sides subsequently declared themselves as having achieved complete victory. US President Trump stated in an interview with AFP on the 7th that the issue of Iran's uranium enrichment would be 'perfectly handled.' He also claimed that the two-week ceasefire was a 'total and complete victory' for the US. Additionally, according to CCTV News, the Iranian Supreme National Security Council congratulated the Iranian people on their victory in a statement. The statement claimed that the US had, in principle, committed to: · Guarantee no further military actions · Acknowledge Iran's continued control over the Strait of Hormuz · Accept Iran's uranium enrichment activities · Lift all primary and secondary sanctions against Iran · Compensate for damages caused to Iran. However, this statement was later contradicted by subsequent news reports, as Iranian Parliament Speaker Ghalibaf is set to lead an Iranian delegation to negotiations with the US in Islamabad, Pakistan, with the US delegation led by Vice President Vance. The US and Iranian delegations are expected to further negotiate in Islamabad on April 10 to reach a final agreement to resolve all disputes. Furthermore, the Iranian Navy informed vessels near the Strait of Hormuz on Wednesday morning that passage through the Strait still requires permission from Iran. A recording shared by a crew member indicated: 'All vessels must obtain permission from the Iranian Islamic Revolutionary Guard Corps Navy to pass through the Strait. Any vessel attempting to cross without permission will be destroyed.' This suggests that the ceasefire agreement may be limited to a cessation of hostilities, as both sides have not actually reached an agreement on specific points of conflict, and their attitudes remain quite rigid, at least in their public declarations.

Both US and Iran Claim 'Complete Victory'? Actual Agreement Still Pending, April 10 May Be a Key Date

On April 8, US Vice President Vance stated that the situation in Iran has shown some improvement. Iran has agreed to open the Strait of Hormuz. Vance also mentioned that the US and its allies have agreed to cease attacks on Iran, which forms the basis of a 'fragile ceasefire.' Trump has lost patience regarding Iran. If Iran does not participate in negotiations in good faith, they will find that Trump is not to be trifled with. (Jinshi)

[US Vice President: Trump Has Lost Patience on Iran, Iran Agrees to Open Strait of Hormuz]On April 8, US Vice President Vance stated that the situation in Iran has shown some improvement. Iran has agreed to open the Strait of Hormuz. Vance also mentioned that the US and its allies have agreed to cease attacks on Iran, which forms the basis of a 'fragile ceasefire.' Trump has lost patience regarding Iran. If Iran does not participate in negotiations in good faith, they will find that Trump is not to be trifled with. (Jinshi)

US Vice President: Trump Has Lost Patience on Iran, Iran Agrees to Open Strait of Hormuz

US President Trump stated on the 8th that if negotiations between the US and Iran do not go well, the US will be able to easily resume military actions against Iran. (Xinhua News Agency)

[Trump: US Can Easily Resume Military Action Against Iran if Negotiations Fail]US President Trump stated on the 8th that if negotiations between the US and Iran do not go well, the US will be able to easily resume military actions against Iran. (Xinhua News Agency)

Trump: US Can Easily Resume Military Action Against Iran if Negotiations Fail

On April 8, U.S. Vice President Vance announced that Iran has agreed to open the Strait of Hormuz.

[U.S. Vice President Vance: Iran Has Agreed to Open the Strait of Hormuz]On April 8, U.S. Vice President Vance announced that Iran has agreed to open the Strait of Hormuz.

U.S. Vice President Vance: Iran Has Agreed to Open the Strait of Hormuz

On April 8, U.S. Vice President Vance stated that President Trump will continue to commit to achieving a peaceful resolution to the war. (Jin Shi)

[U.S. Vice President Vance: President Trump Will Continue to Pursue a Peaceful Resolution to the War]On April 8, U.S. Vice President Vance stated that President Trump will continue to commit to achieving a peaceful resolution to the war. (Jin Shi)

U.S. Vice President Vance: President Trump Will Continue to Pursue a Peaceful Resolution to the War

On April 8, the Wall Street Journal reported that the Iranian Navy informed vessels anchored near the Strait of Hormuz on Wednesday morning that they must obtain permission from Iran to pass through the strait. A recording shared by a crew member stated: "All vessels must obtain permission from the Islamic Revolutionary Guard Corps Navy to transit the strait. Any vessel attempting to cross without permission will be destroyed." This message was broadcast to vessels via radio. President Trump stated that he agreed to suspend strikes against Iran for two weeks, provided that the strait can be "fully, immediately, and safely" reopened. The Iranian government has signaled its intention to continue exerting influence over the waterway. According to photos and videos shared by crew members, military aircraft continue to patrol the skies over the Persian Gulf. Most vessels remain at anchor.

[Iranian Navy: Vessels Must Obtain Permission to Pass Through Strait of Hormuz]On April 8, the Wall Street Journal reported that the Iranian Navy informed vessels anchored near the Strait of Hormuz on Wednesday morning that they must obtain permission from Iran to pass through the strait. A recording shared by a crew member stated: "All vessels must obtain permission from the Islamic Revolutionary Guard Corps Navy to transit the strait. Any vessel attempting to cross without permission will be destroyed." This message was broadcast to vessels via radio. President Trump stated that he agreed to suspend strikes against Iran for two weeks, provided that the strait can be "fully, immediately, and safely" reopened. The Iranian government has signaled its intention to continue exerting influence over the waterway. According to photos and videos shared by crew members, military aircraft continue to patrol the skies over the Persian Gulf. Most vessels remain at anchor.

Iranian Navy: Vessels Must Obtain Permission to Pass Through Strait of Hormuz

According to TechCrunch, Axelera, an AI chip company incubated by crypto mining company Bitfury, has raised $27 million in Series A round led by Innovation Industries, with participation from Imec xpand and the Federal Holding and Investment Company of Belgiu, and the financing will be used for its hardware commercialize. In addition, the Netherland Enterprise Agency awarded Axelera AI a $6.7 million loan commissioned by the Ministry of Economic Affairs and Climate Policy. Axelera is working to develop AI acceleration cards and systems for use cases like security, retail and robotics that it plans to sell through partners in the business-to-business edge computing and Internet of Things sectors.

Detail

【AI chip startup Axelera lands $27M in capital to commercialize its hardware】According to TechCrunch, Axelera, an AI chip company incubated by crypto mining company Bitfury, has raised $27 million in Series A round led by Innovation Industries, with participation from Imec xpand and the Federal Holding and Investment Company of Belgiu, and the financing will be used for its hardware commercialize. In addition, the Netherland Enterprise Agency awarded Axelera AI a $6.7 million loan commissioned by the Ministry of Economic Affairs and Climate Policy. Axelera is working to develop AI acceleration cards and systems for use cases like security, retail and robotics that it plans to sell through partners in the business-to-business edge computing and Internet of Things sectors.

AI chip startup Axelera lands $27M in capital to commercialize its hardware

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AI chip startup Axelera lands $27M in capital to commercialize its hardware

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