7*24

Hot topic

Market

Activities

According to Bitcoin News, the United States holds the largest share of global computing power at 37.4% (approximately 375 EH/s). Russia ranks second with a 16.9% market share, followed closely by China at 12%. Kyrgyzstan experienced a year-on-year growth of 300% and a quarter-on-quarter growth of 167% after its parliament approved transparent mining regulations in mid-2025. Paraguay's computing power grew by 54% year-on-year, reaching 4.3% of the global total. Laos and Finland achieved a 100% year-on-year growth, benefiting from cheap hydroelectric power and favorable climatic conditions, respectively.

[The United States Leads Global Computing Power with 37.4% Market Share]According to Bitcoin News, the United States holds the largest share of global computing power at 37.4% (approximately 375 EH/s). Russia ranks second with a 16.9% market share, followed closely by China at 12%. Kyrgyzstan experienced a year-on-year growth of 300% and a quarter-on-quarter growth of 167% after its parliament approved transparent mining regulations in mid-2025. Paraguay's computing power grew by 54% year-on-year, reaching 4.3% of the global total. Laos and Finland achieved a 100% year-on-year growth, benefiting from cheap hydroelectric power and favorable climatic conditions, respectively.

The United States Leads Global Computing Power with 37.4% Market Share

On April 7, Glassnode published an analysis of Bitcoin options Gamma exposure. Currently, BTC is in a narrow negative Gamma trading range between $65,000 and $70,000, where traders' hedging actions can amplify short-term price volatility. Resistance is accumulating around $72,000, while support is relatively thin below. If the rebound momentum weakens, the downside risk is high. Bitcoin Gamma Exposure (GEX) is a derivatives metric primarily used to analyze how the hedging behavior of options market makers affects short-term fluctuations in Bitcoin's spot price.

[Glassnode: Resistance Accumulating Around $72,000 for Bitcoin, High Downside Risk if Rebound Weakens]On April 7, Glassnode published an analysis of Bitcoin options Gamma exposure. Currently, BTC is in a narrow negative Gamma trading range between $65,000 and $70,000, where traders' hedging actions can amplify short-term price volatility. Resistance is accumulating around $72,000, while support is relatively thin below. If the rebound momentum weakens, the downside risk is high. Bitcoin Gamma Exposure (GEX) is a derivatives metric primarily used to analyze how the hedging behavior of options market makers affects short-term fluctuations in Bitcoin's spot price.

Glassnode: Resistance Accumulating Around $72,000 for Bitcoin, High Downside Risk if Rebound Weakens

On April 7, according to Iran's Mehr News Agency, explosions were heard at Khark Island, Iran's oil export hub, although the source of the explosions has not been specified. According to monitoring by PolyBeats, in the Polymarket related to "When will Khark Island be out of Iranian control," the probability before April 15 is 7%, before April 30 is 16%, and before May 31 is 24%, with no changes in the short-term probabilities.

[Explosion Reported at Iran's Oil Export Hub Khark Island]On April 7, according to Iran's Mehr News Agency, explosions were heard at Khark Island, Iran's oil export hub, although the source of the explosions has not been specified. According to monitoring by PolyBeats, in the Polymarket related to "When will Khark Island be out of Iranian control," the probability before April 15 is 7%, before April 30 is 16%, and before May 31 is 24%, with no changes in the short-term probabilities.

Explosion Reported at Iran's Oil Export Hub Khark Island

On April 7, Michael Cembalest, Chairman of JPMorgan Asset Management, released a report describing how the U.S.-Iran Gulf conflict has evolved from a 'cleansing of evil' to a situation where all parties suffer. The report points out two major misjudgments by investors regarding the situation in Iran. Firstly, the market has misjudged that U.S. energy independence (as a net exporter) could serve as a 'firewall' against Strait blockades or oil price shocks. However, this is not the case—U.S. fossil fuels still account for 85% of final energy consumption, and a rise in global oil prices will directly increase domestic prices for crude oil, gasoline, and jet fuel in the U.S. at a transmission rate exceeding 100%, with price increases for various hydrocarbons even surpassing those in Europe and Asia. Secondly, the market has underestimated the costs and effects of Iran's strategy of 'leveraging the global economy,' leading to overly optimistic expectations for de-escalation. Iran has found that controlling the Strait is cheaper and more effective than anticipated, thus there is no pressure for a quick retreat. Cembalest emphasized in the report that a rapid transition to renewable energy to reduce dependence on fossil fuels would take 10-15 years at the current rate, which he described as 'a fervent fantasy.' Overall, this conflict has exposed the limitations of U.S. military and energy strategies, with no clear winners. Cembalest also cautioned investors to be aware of systemic risks.

[JPMorgan Identifies Two Major Misjudgments in the Market: Energy Independence Won't Save the U.S., and Optimism Over Situation Easing is Overstated]On April 7, Michael Cembalest, Chairman of JPMorgan Asset Management, released a report describing how the U.S.-Iran Gulf conflict has evolved from a 'cleansing of evil' to a situation where all parties suffer. The report points out two major misjudgments by investors regarding the situation in Iran. Firstly, the market has misjudged that U.S. energy independence (as a net exporter) could serve as a 'firewall' against Strait blockades or oil price shocks. However, this is not the case—U.S. fossil fuels still account for 85% of final energy consumption, and a rise in global oil prices will directly increase domestic prices for crude oil, gasoline, and jet fuel in the U.S. at a transmission rate exceeding 100%, with price increases for various hydrocarbons even surpassing those in Europe and Asia. Secondly, the market has underestimated the costs and effects of Iran's strategy of 'leveraging the global economy,' leading to overly optimistic expectations for de-escalation. Iran has found that controlling the Strait is cheaper and more effective than anticipated, thus there is no pressure for a quick retreat. Cembalest emphasized in the report that a rapid transition to renewable energy to reduce dependence on fossil fuels would take 10-15 years at the current rate, which he described as 'a fervent fantasy.' Overall, this conflict has exposed the limitations of U.S. military and energy strategies, with no clear winners. Cembalest also cautioned investors to be aware of systemic risks.

JPMorgan Identifies Two Major Misjudgments in the Market: Energy Independence Won't Save the U.S., and Optimism Over Situation Easing is Overstated

On April 7, a senior Iranian official stated that Tehran has rejected any temporary ceasefire agreement with the United States.

[Iranian Senior Official: Tehran Rejects Any Temporary Ceasefire Agreement with the U.S.]On April 7, a senior Iranian official stated that Tehran has rejected any temporary ceasefire agreement with the United States.

Iranian Senior Official: Tehran Rejects Any Temporary Ceasefire Agreement with the U.S.

On April 7, 0xngmi, the founder of Defillama, discussed the upcoming launch of Polymarket's native stablecoin, Polymarket USD. He mentioned that there is a total of approximately $1.25 billion in user wallets on Polymarket, and if the platform is willing to retain the interest income, it could generate $54 million in annual interest based on current interest rates.

[Opinion: Polymarket Can Generate $54 Million in Annual Interest from $1.25 Billion User Funds]On April 7, 0xngmi, the founder of Defillama, discussed the upcoming launch of Polymarket's native stablecoin, Polymarket USD. He mentioned that there is a total of approximately $1.25 billion in user wallets on Polymarket, and if the platform is willing to retain the interest income, it could generate $54 million in annual interest based on current interest rates.

Opinion: Polymarket Can Generate $54 Million in Annual Interest from $1.25 Billion User Funds

An Iranian senior official stated that Tehran has set preconditions for negotiating 'durable peace' with the United States. Tehran demands tolls for vessels passing through the Strait of Hormuz.

[Tehran Sets Preconditions for Negotiating 'Durable Peace' with the U.S.]An Iranian senior official stated that Tehran has set preconditions for negotiating 'durable peace' with the United States. Tehran demands tolls for vessels passing through the Strait of Hormuz.

Tehran Sets Preconditions for Negotiating 'Durable Peace' with the U.S.

On April 7, the Iranian Revolutionary Guard Corps (IRGC) stated that it will focus on targeting the infrastructure of the United States and its allies, rendering them unable to access oil and gas resources in the region for the coming years. Regional allies of the U.S. should also understand that until now, due to friendly relations with these countries, we have exercised great restraint in choosing our targets for retaliation and have acted thoughtfully. However, from now on, all these considerations will no longer exist.

[IRGC: Focus on Targeting U.S. and Allies' Infrastructure to Block Oil and Gas Access]On April 7, the Iranian Revolutionary Guard Corps (IRGC) stated that it will focus on targeting the infrastructure of the United States and its allies, rendering them unable to access oil and gas resources in the region for the coming years. Regional allies of the U.S. should also understand that until now, due to friendly relations with these countries, we have exercised great restraint in choosing our targets for retaliation and have acted thoughtfully. However, from now on, all these considerations will no longer exist.

IRGC: Focus on Targeting U.S. and Allies' Infrastructure to Block Oil and Gas Access

On April 7, BlackRock strategists stated in a report that the impact of high energy prices is likely to be reflected in the US Consumer Price Index (CPI) data for March, which will be released on Friday. Economists surveyed by The Wall Street Journal generally expect the seasonally unadjusted CPI year-on-year rate for March to rise from 2.4% in February to 3.3%. The strategists noted that the war in the Middle East has caused supply chain bottlenecks, which are expected to drive up inflation.

[BlackRock: Middle East War Will Raise US Inflation in March]On April 7, BlackRock strategists stated in a report that the impact of high energy prices is likely to be reflected in the US Consumer Price Index (CPI) data for March, which will be released on Friday. Economists surveyed by The Wall Street Journal generally expect the seasonally unadjusted CPI year-on-year rate for March to rise from 2.4% in February to 3.3%. The strategists noted that the war in the Middle East has caused supply chain bottlenecks, which are expected to drive up inflation.

BlackRock: Middle East War Will Raise US Inflation in March

HTX data showed that ETH fell below 3400  USDT and is now at 3399.04 USDT, with a increase of 5.11% in 24H.

[ETH fell below 3400  USDT] HTX data showed that ETH fell below 3400  USDT and is now at 3399.04 USDT, with a increase of 5.11% in 24H.

ETH fell below 3400  USDT

Article

Trump Reiterates Threat to Attack Iranian Bridges and Power Plants

BTC broke through 70000  USDT

South Korean Fintech Giant Toss Plans to Launch Native Cryptocurrency

Fed's Probability of Keeping Rates Unchanged in April at 98.4%

Anthropic Expects Annual Revenue to Exceed $30 Billion by 2026

Iran Proposes Using Strait 'Toll' for Reconstruction, Sharing with Oman

ETH fell below 3400 USDT

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

Articles connexes

Tous les commentaires0RécentPopulaire

Sujets d'actualité

Articles connexes