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On April 16, Pakistan's Foreign Ministry announced that the United States and Iran are willing to hold talks, and the process is still ongoing.

[Pakistan's Foreign Ministry: US and Iran Willing to Hold Talks]On April 16, Pakistan's Foreign Ministry announced that the United States and Iran are willing to hold talks, and the process is still ongoing.

Pakistan's Foreign Ministry: US and Iran Willing to Hold Talks

On April 16, Foreign Ministry spokesperson Guo Jiaqin held a regular press conference. A Reuters reporter asked about U.S. President Trump's statement yesterday, in which he expressed confidence that China would not stop buying Iranian oil. He also mentioned that sanctions would be imposed on countries purchasing Iranian oil. Guo Jiaqin stated that China has always opposed illegal unilateral sanctions that lack international legal basis and are not authorized by the United Nations Security Council. (Beijing Daily)

[China Responds to Trump's Sanctions on Countries Purchasing Iranian Oil]On April 16, Foreign Ministry spokesperson Guo Jiaqin held a regular press conference. A Reuters reporter asked about U.S. President Trump's statement yesterday, in which he expressed confidence that China would not stop buying Iranian oil. He also mentioned that sanctions would be imposed on countries purchasing Iranian oil. Guo Jiaqin stated that China has always opposed illegal unilateral sanctions that lack international legal basis and are not authorized by the United Nations Security Council. (Beijing Daily)

China Responds to Trump's Sanctions on Countries Purchasing Iranian Oil

On April 16, Cointelegraph reported that the Cato Institute, a U.S. think tank, released a report stating that the U.S. government should eliminate the capital gains tax on Bitcoin and other cryptocurrencies to facilitate their use as everyday currency and promote fair competition among different currencies. Currently, U.S. tax law treats Bitcoin as a capital asset, triggering a taxable event when users pay for goods or services with Bitcoin, requiring them to calculate and report capital gains. This results in even small everyday purchases potentially generating hundreds of pages of tax documentation, significantly increasing compliance burdens. Cato aims to remove the current U.S. tax policy barriers to the use of cryptocurrencies as currency. Cato researcher Anthony emphasized, "Congress should simplify tax laws to allow ordinary Americans to easily fulfill their obligations, which would greatly alleviate the pressure of tax season and create a more competitive economic environment." According to a 2025 survey, 39% of U.S. cryptocurrency holders have used crypto assets to purchase goods and services, and currently, around 11,000 merchants worldwide accept Bitcoin payments.

[Cato Institute Calls on U.S. Congress to Eliminate Bitcoin Capital Gains Tax to Promote Currency Competition]On April 16, Cointelegraph reported that the Cato Institute, a U.S. think tank, released a report stating that the U.S. government should eliminate the capital gains tax on Bitcoin and other cryptocurrencies to facilitate their use as everyday currency and promote fair competition among different currencies. Currently, U.S. tax law treats Bitcoin as a capital asset, triggering a taxable event when users pay for goods or services with Bitcoin, requiring them to calculate and report capital gains. This results in even small everyday purchases potentially generating hundreds of pages of tax documentation, significantly increasing compliance burdens. Cato aims to remove the current U.S. tax policy barriers to the use of cryptocurrencies as currency. Cato researcher Anthony emphasized, "Congress should simplify tax laws to allow ordinary Americans to easily fulfill their obligations, which would greatly alleviate the pressure of tax season and create a more competitive economic environment." According to a 2025 survey, 39% of U.S. cryptocurrency holders have used crypto assets to purchase goods and services, and currently, around 11,000 merchants worldwide accept Bitcoin payments.

Cato Institute Calls on U.S. Congress to Eliminate Bitcoin Capital Gains Tax to Promote Currency Competition

On April 16, according to monitoring by OnchainLens, a certain whale deposited 3,500 ETH (worth $8.26 million) into Aave V3 and borrowed 8 million USDC. The whale then purchased 3,386 ETH at a price of $2,363 and deposited it back into Aave V3. Currently, this whale holds 6,886 ETH, valued at $16.22 million.

[Whale Expands ETH Holdings to 6,886 Coins Worth $16.22 Million Through Circular Loans]On April 16, according to monitoring by OnchainLens, a certain whale deposited 3,500 ETH (worth $8.26 million) into Aave V3 and borrowed 8 million USDC. The whale then purchased 3,386 ETH at a price of $2,363 and deposited it back into Aave V3. Currently, this whale holds 6,886 ETH, valued at $16.22 million.

Whale Expands ETH Holdings to 6,886 Coins Worth $16.22 Million Through Circular Loans

On April 16, according to monitoring by Hyperinsight, a new address starting with 0x310 deposited a total of 903 ETH into Hyperliquid last night and this morning, and then sold all of it, cashing out approximately $2.1 million USDC. Part of the funds has been used to short ETH with 6x leverage, with a short position size of $3.24 million at an average price of $2,352. The account still holds $1.62 million USDC for future use. Address: 0x3109eb59201623fe283d1b110b054e52222f6183

[New Address Liquidates 903 ETH, Subsequently Shorts $3.2 Million ETH Position]On April 16, according to monitoring by Hyperinsight, a new address starting with 0x310 deposited a total of 903 ETH into Hyperliquid last night and this morning, and then sold all of it, cashing out approximately $2.1 million USDC. Part of the funds has been used to short ETH with 6x leverage, with a short position size of $3.24 million at an average price of $2,352. The account still holds $1.62 million USDC for future use. Address: 0x3109eb59201623fe283d1b110b054e52222f6183

New Address Liquidates 903 ETH, Subsequently Shorts $3.2 Million ETH Position

On April 16, the dollar slightly declined after hitting a six-week low overnight, influenced by renewed risks to the Federal Reserve's independence and cautious optimism regarding a peace agreement for the Iran war. President Trump threatened to remove Federal Reserve Chairman Jerome Powell if he continues to serve on the board after his term ends. Reports indicate that mediators are pushing for an extension of the ceasefire agreement in the Iran war and a second round of peace negotiations, but progress has been slow. The Iranian armed forces have threatened to block shipping in the Persian Gulf, Sea of Oman, and Red Sea if the U.S. continues to blockade Iranian ports. The DXY dollar index fell 0.1% to 98.003, having previously dipped to 97.832 overnight.

[Dollar Slightly Declines Amid Fed Independence Risks and Hopes for Iran War Peace]On April 16, the dollar slightly declined after hitting a six-week low overnight, influenced by renewed risks to the Federal Reserve's independence and cautious optimism regarding a peace agreement for the Iran war. President Trump threatened to remove Federal Reserve Chairman Jerome Powell if he continues to serve on the board after his term ends. Reports indicate that mediators are pushing for an extension of the ceasefire agreement in the Iran war and a second round of peace negotiations, but progress has been slow. The Iranian armed forces have threatened to block shipping in the Persian Gulf, Sea of Oman, and Red Sea if the U.S. continues to blockade Iranian ports. The DXY dollar index fell 0.1% to 98.003, having previously dipped to 97.832 overnight.

Dollar Slightly Declines Amid Fed Independence Risks and Hopes for Iran War Peace

On April 16, Pakistan's Foreign Ministry stated: We are maintaining communication channels between Washington and Tehran, and the date for the next round of US-Iran talks has not yet been determined. (Jinshi)

[Pakistan's Foreign Ministry: Date for Next US-Iran Talks Not Yet Determined]On April 16, Pakistan's Foreign Ministry stated: We are maintaining communication channels between Washington and Tehran, and the date for the next round of US-Iran talks has not yet been determined. (Jinshi)

Pakistan's Foreign Ministry: Date for Next US-Iran Talks Not Yet Determined

According to a report by Jinse Finance on April 16, NVIDIA CEO Jensen Huang stated in a recent episode of the Dwarkesh podcast that in the field of large language models, NVIDIA committed up to $10 billion in investments to Anthropic last November and announced a $30 billion investment in OpenAI this February. Huang mentioned in a March meeting that, due to the impending public offerings of both companies, these might be NVIDIA's last rounds of investment.

[NVIDIA's Jensen Huang: Anthropic and OpenAI Set to Go Public, NVIDIA May Not Invest Further]According to a report by Jinse Finance on April 16, NVIDIA CEO Jensen Huang stated in a recent episode of the Dwarkesh podcast that in the field of large language models, NVIDIA committed up to $10 billion in investments to Anthropic last November and announced a $30 billion investment in OpenAI this February. Huang mentioned in a March meeting that, due to the impending public offerings of both companies, these might be NVIDIA's last rounds of investment.

NVIDIA's Jensen Huang: Anthropic and OpenAI Set to Go Public, NVIDIA May Not Invest Further

On April 16, Nicholas Anthony, a policy scholar and researcher at the Cato Institute, stated in a report on Wednesday that the capital gains tax (CGT) is hindering the use of alternative currencies like Bitcoin, as this tax encourages long-term holding and adds an additional reporting burden. He argued that the simplest solution is to completely abolish the capital gains tax; another viable option would be to exempt cryptocurrency and foreign currency transactions from capital gains tax, thereby 'removing the government's intervening hand from the scale and allowing market competition to truly determine the optimal form of currency.'

[Cato Institute: U.S. Should Eliminate Cryptocurrency Capital Gains Tax to Promote Competition]On April 16, Nicholas Anthony, a policy scholar and researcher at the Cato Institute, stated in a report on Wednesday that the capital gains tax (CGT) is hindering the use of alternative currencies like Bitcoin, as this tax encourages long-term holding and adds an additional reporting burden. He argued that the simplest solution is to completely abolish the capital gains tax; another viable option would be to exempt cryptocurrency and foreign currency transactions from capital gains tax, thereby 'removing the government's intervening hand from the scale and allowing market competition to truly determine the optimal form of currency.'

Cato Institute: U.S. Should Eliminate Cryptocurrency Capital Gains Tax to Promote Competition

Roshan Dharia has been appointed as the interim CEO of Paxful, with a focus on strengthening operations and exploring strategic alternatives. Dharia previously served as a senior executive at TrustToken, known for TrueUSD. Former CEO Ray Youssef acknowledged the appointment on Twitter, but also implicitly criticized it, suggesting that a token may be in the works. Youssef had previously been involved in a disagreement with co-founder Artur Schaback over the use of exchange funds, which led to blocked salaries and resignations.

[Paxful Appoints Roshan Dharia as Interim CEO, Former CEO Criticizes Onboarding]Roshan Dharia has been appointed as the interim CEO of Paxful, with a focus on strengthening operations and exploring strategic alternatives. Dharia previously served as a senior executive at TrustToken, known for TrueUSD. Former CEO Ray Youssef acknowledged the appointment on Twitter, but also implicitly criticized it, suggesting that a token may be in the works. Youssef had previously been involved in a disagreement with co-founder Artur Schaback over the use of exchange funds, which led to blocked salaries and resignations.

Paxful Appoints Roshan Dharia as Interim CEO, Former CEO Criticizes Onboarding

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edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

cfg soared to 0.2115 USDT, a new high with a 24-hour increase of -4.34%. It currently trades at 0.2005 USDT on HTX.

Paxful Appoints Roshan Dharia as Interim CEO, Former CEO Criticizes Onboarding

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