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On April 2, the Beik Highway Bridge in Karaj, Iran, known as the highest bridge in the Middle East and a landmark project for the country, was damaged in an attack by the United States and Israel. This bridge is considered a benchmark project in Iran's engineering sector and is recognized as one of the most complex engineering achievements globally. It is a key piece of infrastructure in the Tehran-Karaj transportation corridor and was scheduled to officially open soon. The attack caused damage to the main structure of the bridge, leading to a complete closure of the affected road sections. Local authorities issued an emergency alert, urging the public to avoid the area. The attack also resulted in power supply interruptions in some parts of Karaj. (CCTV International News)

[Iran's Iconic Bridge Attacked]On April 2, the Beik Highway Bridge in Karaj, Iran, known as the highest bridge in the Middle East and a landmark project for the country, was damaged in an attack by the United States and Israel. This bridge is considered a benchmark project in Iran's engineering sector and is recognized as one of the most complex engineering achievements globally. It is a key piece of infrastructure in the Tehran-Karaj transportation corridor and was scheduled to officially open soon. The attack caused damage to the main structure of the bridge, leading to a complete closure of the affected road sections. Local authorities issued an emergency alert, urging the public to avoid the area. The attack also resulted in power supply interruptions in some parts of Karaj. (CCTV International News)

Iran's Iconic Bridge Attacked

On April 2, Cointelegraph reported that well-known Meme coin KOL Murad has accumulated an unrealized loss of nearly $60 million over the past nine months in Meme coin trading. However, he remains optimistic about a rebound and has not cut his losses. He currently holds approximately 29.964 million SPX6900 (SPX), valued at about $7.79 million, which accounts for 96% of his total tracking portfolio of around $8.1 million. Last July, this portfolio peaked at about $67 million, but since then, the Meme coin sector has dropped over 80% from its highs, resulting in an unrealized loss of about $60 million. Data shows that there have been no substantial sales records for his holdings of SPX6900 and other major positions, with realized gains and losses still at zero. On Wednesday, Murad stated on X that the market capitalization of SPX6900 is expected to grow from the current approximately $250 million to $1 trillion, an increase of nearly 400,000%. He pointed out that currently, Bitcoin is the only cryptocurrency to surpass a $1 trillion market cap. From a technical perspective, SPX6900 is breaking down from an ascending wedge pattern on the three-day chart, having fallen below the wedge's lower support level of about $0.26, and is positioned below the 20, 50, and 100-period exponential moving averages, indicating weak momentum. If the downward trend is confirmed, the pattern measurement target points to about $0.205, approximately 20% lower than the current low, which would result in an additional loss of about $1.56 million for Murad's Meme coin portfolio.

[Meme Coin KOL Murad Faces Nearly $60 Million Unrealized Loss but Remains Optimistic About Recovery]On April 2, Cointelegraph reported that well-known Meme coin KOL Murad has accumulated an unrealized loss of nearly $60 million over the past nine months in Meme coin trading. However, he remains optimistic about a rebound and has not cut his losses. He currently holds approximately 29.964 million SPX6900 (SPX), valued at about $7.79 million, which accounts for 96% of his total tracking portfolio of around $8.1 million. Last July, this portfolio peaked at about $67 million, but since then, the Meme coin sector has dropped over 80% from its highs, resulting in an unrealized loss of about $60 million. Data shows that there have been no substantial sales records for his holdings of SPX6900 and other major positions, with realized gains and losses still at zero. On Wednesday, Murad stated on X that the market capitalization of SPX6900 is expected to grow from the current approximately $250 million to $1 trillion, an increase of nearly 400,000%. He pointed out that currently, Bitcoin is the only cryptocurrency to surpass a $1 trillion market cap. From a technical perspective, SPX6900 is breaking down from an ascending wedge pattern on the three-day chart, having fallen below the wedge's lower support level of about $0.26, and is positioned below the 20, 50, and 100-period exponential moving averages, indicating weak momentum. If the downward trend is confirmed, the pattern measurement target points to about $0.205, approximately 20% lower than the current low, which would result in an additional loss of about $1.56 million for Murad's Meme coin portfolio.

Meme Coin KOL Murad Faces Nearly $60 Million Unrealized Loss but Remains Optimistic About Recovery

On April 2, the Trump administration announced it would appeal a federal judge's ruling that blocked its ban on the government's use of Anthropic technology. The U.S. Department of Justice filed a notice in court on Thursday, indicating it would appeal the decision made last month by U.S. District Judge Rita F. Lin in San Francisco, Northern District of California. The judge had previously paused the government's plan to sever ties with Anthropic to maintain the status quo while legal disputes continued, but she set aside the ruling for a week to allow the government to appeal. Anthropic had filed a lawsuit questioning the Defense Department's claim that its technology posed a threat to the U.S. supply chain. In the ruling on March 26, the judge sided with Anthropic, stating that the government's justification for the ban on national security grounds was questionable. The judge noted that the move appeared more like a 'punishment' for Anthropic, as the company sought assurances that its technology would not be used for surveillance of Americans or for the deployment of autonomous weapons. (Jinshi)

[Trump Administration Appeals Federal Judge's Ruling Against Ban on Anthropic]On April 2, the Trump administration announced it would appeal a federal judge's ruling that blocked its ban on the government's use of Anthropic technology. The U.S. Department of Justice filed a notice in court on Thursday, indicating it would appeal the decision made last month by U.S. District Judge Rita F. Lin in San Francisco, Northern District of California. The judge had previously paused the government's plan to sever ties with Anthropic to maintain the status quo while legal disputes continued, but she set aside the ruling for a week to allow the government to appeal. Anthropic had filed a lawsuit questioning the Defense Department's claim that its technology posed a threat to the U.S. supply chain. In the ruling on March 26, the judge sided with Anthropic, stating that the government's justification for the ban on national security grounds was questionable. The judge noted that the move appeared more like a 'punishment' for Anthropic, as the company sought assurances that its technology would not be used for surveillance of Americans or for the deployment of autonomous weapons. (Jinshi)

Trump Administration Appeals Federal Judge's Ruling Against Ban on Anthropic

On April 2, according to the Islamic Republic News Agency (IRNA), Iranian Deputy Foreign Minister Gharibabadi stated that Iran is drafting a passage agreement for the Strait of Hormuz with Oman. Following this news, oil prices fell, with WTI crude oil briefly dropping below $107 per barrel and Brent crude reaching a low of $103.5 per barrel. Spot gold rose above $4,700 per ounce. All three major US stock indices rebounded, with the Nasdaq recovering its previous 2% loss.

[Iran and Oman Drafting Strait of Hormuz Passage Agreement, Oil Prices Drop, US Stocks Rebound]On April 2, according to the Islamic Republic News Agency (IRNA), Iranian Deputy Foreign Minister Gharibabadi stated that Iran is drafting a passage agreement for the Strait of Hormuz with Oman. Following this news, oil prices fell, with WTI crude oil briefly dropping below $107 per barrel and Brent crude reaching a low of $103.5 per barrel. Spot gold rose above $4,700 per ounce. All three major US stock indices rebounded, with the Nasdaq recovering its previous 2% loss.

Iran and Oman Drafting Strait of Hormuz Passage Agreement, Oil Prices Drop, US Stocks Rebound

Market data shows that BTC has surpassed $67,000, currently priced at $67,007.8, with a 24-hour decline of 2.04%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $67,000]Market data shows that BTC has surpassed $67,000, currently priced at $67,007.8, with a 24-hour decline of 2.04%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $67,000

edge Surges 10.08% in 24H, Currently at 0.6968 USDT

【edge currently trades at 0.6968 USDT, up 10.08% in 24h, according to HTX market data.】edge Surges 10.08% in 24H, Currently at 0.6968 USDT

edge currently trades at 0.6968 USDT, up 10.08% in 24h, according to HTX market data.

On April 2, Dallas Federal Reserve President Logan outlined the pathways and options for reducing the Fed's balance sheet size, while noting that the current system is functioning well and benefiting overall financial stability. Logan stated that the Fed's current management of financial liquidity aims to provide a 'ample' level of reserves, and that this system is 'efficient and effective.' However, there are still various ways under the current system to help reduce the Fed's holdings, many of which involve rules governing how financial institutions manage their cash reserves. Recent internal and external research at the Fed has indicated that by adjusting regulations to encourage banks to hold lower reserve levels, the Fed could further reduce its balance sheet within the current framework. Logan agreed, stating that the Fed is currently working to make reserve management 'more efficient' during times of stress. She also mentioned that some liquidity rules, while increasing reserves, do not enhance safety, as banks are reluctant to utilize these reserves during a crisis. 'This is an inefficient use of the Fed's balance sheet, and we can completely avoid this situation.'

[Fed's Logan: Asset-Liability Reduction Possible Through Regulatory Changes]On April 2, Dallas Federal Reserve President Logan outlined the pathways and options for reducing the Fed's balance sheet size, while noting that the current system is functioning well and benefiting overall financial stability. Logan stated that the Fed's current management of financial liquidity aims to provide a 'ample' level of reserves, and that this system is 'efficient and effective.' However, there are still various ways under the current system to help reduce the Fed's holdings, many of which involve rules governing how financial institutions manage their cash reserves. Recent internal and external research at the Fed has indicated that by adjusting regulations to encourage banks to hold lower reserve levels, the Fed could further reduce its balance sheet within the current framework. Logan agreed, stating that the Fed is currently working to make reserve management 'more efficient' during times of stress. She also mentioned that some liquidity rules, while increasing reserves, do not enhance safety, as banks are reluctant to utilize these reserves during a crisis. 'This is an inefficient use of the Fed's balance sheet, and we can completely avoid this situation.'

Fed's Logan: Asset-Liability Reduction Possible Through Regulatory Changes

On April 2, Fed's Logan stated support for the Federal Reserve's decision to keep interest rates unchanged at the recent FOMC meeting. (Jin Shi)

[Fed's Logan Supports Keeping Rates Unchanged at Recent FOMC Meeting]On April 2, Fed's Logan stated support for the Federal Reserve's decision to keep interest rates unchanged at the recent FOMC meeting. (Jin Shi)

Fed's Logan Supports Keeping Rates Unchanged at Recent FOMC Meeting

On April 2, CoinDesk reported that Grayscale, a cryptocurrency asset management company, stated that the geopolitical tensions in the Middle East are causing crypto market investors to hold off on investments, overshadowing the previously improving macroeconomic backdrop. The report noted: 'The Iran war has nearly eclipsed all other market dynamics in March.' Prior to the escalation of the conflict, global economic growth was showing positive momentum, and central banks were leaning towards interest rate cuts. However, the sharp rise in oil prices has triggered inflation concerns, raising interest rate expectations and putting pressure on risk assets. Since the outbreak of the Middle Eastern conflict, the crypto market has experienced significant volatility but has overall remained in a range-bound consolidation, with price movements closely following the headline fluctuations of oil prices and risk sentiment. Bitcoin initially dropped to the mid-$60,000 range during the first escalation, then rebounded to the lower $70,000s, but has since fallen again as the conflict continues and macro conditions tighten. The latest round of escalation has caused Bitcoin to drop about 10% from its March peak. Nevertheless, Bitcoin has remained relatively stable overall since the outbreak of the war, even outperforming U.S. stocks during certain periods. The report highlighted that despite market turbulence, crypto assets have shown significant resilience—prices have stabilized amidst volatility, potentially forming a more durable bottom. Crypto spot investment products continue to record inflows, and futures positions have also rebounded, indicating that risk appetite is stabilizing beneath the surface. Grayscale believes that the reduction of uncertainty at this stage remains a key catalyst for a sustained rebound. If the conflict eases and energy prices decline, the market is expected to quickly reprice to a more favorable macro environment.

[Grayscale: Oil Price Surge and Iran War Risks Keep Crypto Investors on the Sidelines]On April 2, CoinDesk reported that Grayscale, a cryptocurrency asset management company, stated that the geopolitical tensions in the Middle East are causing crypto market investors to hold off on investments, overshadowing the previously improving macroeconomic backdrop. The report noted: 'The Iran war has nearly eclipsed all other market dynamics in March.' Prior to the escalation of the conflict, global economic growth was showing positive momentum, and central banks were leaning towards interest rate cuts. However, the sharp rise in oil prices has triggered inflation concerns, raising interest rate expectations and putting pressure on risk assets. Since the outbreak of the Middle Eastern conflict, the crypto market has experienced significant volatility but has overall remained in a range-bound consolidation, with price movements closely following the headline fluctuations of oil prices and risk sentiment. Bitcoin initially dropped to the mid-$60,000 range during the first escalation, then rebounded to the lower $70,000s, but has since fallen again as the conflict continues and macro conditions tighten. The latest round of escalation has caused Bitcoin to drop about 10% from its March peak. Nevertheless, Bitcoin has remained relatively stable overall since the outbreak of the war, even outperforming U.S. stocks during certain periods. The report highlighted that despite market turbulence, crypto assets have shown significant resilience—prices have stabilized amidst volatility, potentially forming a more durable bottom. Crypto spot investment products continue to record inflows, and futures positions have also rebounded, indicating that risk appetite is stabilizing beneath the surface. Grayscale believes that the reduction of uncertainty at this stage remains a key catalyst for a sustained rebound. If the conflict eases and energy prices decline, the market is expected to quickly reprice to a more favorable macro environment.

Grayscale: Oil Price Surge and Iran War Risks Keep Crypto Investors on the Sidelines

According to Fintech Finance, MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, today announced the launch of a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app. This new and innovative feature gives MoneyGram customers in nearly all U.S. states and the District of Columbia the ability to trade and store Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) by using the Company’s leading mobile app.

Detail

【MoneyGram introduces new crypto service】According to Fintech Finance, MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, today announced the launch of a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app. This new and innovative feature gives MoneyGram customers in nearly all U.S. states and the District of Columbia the ability to trade and store Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) by using the Company’s leading mobile app.

MoneyGram introduces new crypto service

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Article

U.S. Officials: Trump to Reiterate Timeline for Withdrawal from Iran in 2 to 3 Weeks

MoneyGram introduces new crypto service

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

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