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On April 12, CITIC Securities published an analysis regarding the US-Iran negotiations, stating that from the perspective of the US's core demands, if Iran can abandon uranium enrichment, it would become the most significant achievement of the US in the war, and also the greatest 'accomplishment' Trump can use to appease domestic concerns. The current conflict has already had a considerable negative impact on Trump's midterm elections, necessitating an early withdrawal. Since the Iranian Islamic Revolution, the US has lost control over Iran's nuclear capabilities, and past US presidents have failed to resolve this issue, severely affecting America's strategy in the Middle East. Compared to the significant political propaganda effect of Iran's 'nuclear abandonment' achievement, the indirect connection between oil prices and inflation may have a smaller impact on the elections. Therefore, the Trump administration may be willing to compromise on issues such as control over the Strait of Hormuz. From Iran's core demands, this war has demonstrated that blocking the strait and threatening Middle Eastern infrastructure are extremely important bargaining chips, even more destructive and flexible than the threat of nuclear weapons. Unlike nuclear weapons, which are costly and difficult to control, blockading the strait and attacking infrastructure can have a significant impact on the US and global economy with low-cost drones, thus forming a tool for Iran to balance against the US. The repeated avoidance of large-scale infrastructure destruction by both the US and Iran also indicates that the probability of extreme escalation of the war is not high, and the likelihood of extreme oil prices, severe recession, or stagflation is decreasing.

[Analysis: Trump Needs to Withdraw to Address Midterm Elections, Possible Agreement on Core Demands Between US and Iran]On April 12, CITIC Securities published an analysis regarding the US-Iran negotiations, stating that from the perspective of the US's core demands, if Iran can abandon uranium enrichment, it would become the most significant achievement of the US in the war, and also the greatest 'accomplishment' Trump can use to appease domestic concerns. The current conflict has already had a considerable negative impact on Trump's midterm elections, necessitating an early withdrawal. Since the Iranian Islamic Revolution, the US has lost control over Iran's nuclear capabilities, and past US presidents have failed to resolve this issue, severely affecting America's strategy in the Middle East. Compared to the significant political propaganda effect of Iran's 'nuclear abandonment' achievement, the indirect connection between oil prices and inflation may have a smaller impact on the elections. Therefore, the Trump administration may be willing to compromise on issues such as control over the Strait of Hormuz. From Iran's core demands, this war has demonstrated that blocking the strait and threatening Middle Eastern infrastructure are extremely important bargaining chips, even more destructive and flexible than the threat of nuclear weapons. Unlike nuclear weapons, which are costly and difficult to control, blockading the strait and attacking infrastructure can have a significant impact on the US and global economy with low-cost drones, thus forming a tool for Iran to balance against the US. The repeated avoidance of large-scale infrastructure destruction by both the US and Iran also indicates that the probability of extreme escalation of the war is not high, and the likelihood of extreme oil prices, severe recession, or stagflation is decreasing.

Analysis: Trump Needs to Withdraw to Address Midterm Elections, Possible Agreement on Core Demands Between US and Iran

On April 12, X Product Head Nikita Bier announced that "in this round of creator revenue sharing, the revenue share for all aggregator accounts has been reduced to 60%. In the next cycle, it will be further decreased by 20%. The platform believes this change stems from a clear phenomenon: a large number of accounts flood the timeline with 'reposted stolen content' and clickbait information daily, squeezing the exposure space for genuine creators and stifling the growth of new authors. Moving forward, the platform plans to implement permanent revenue deductions for accounts that consistently use clickbait labels like 'BREAKING' to drive traffic. X will not restrict speech or the range of dissemination, but will not provide revenue compensation for manipulating distribution mechanisms or misleading user behavior.

[X Product Head: Aggregator Revenue Share Reduced to 60% to Combat Clickbait and Content Theft]On April 12, X Product Head Nikita Bier announced that "in this round of creator revenue sharing, the revenue share for all aggregator accounts has been reduced to 60%. In the next cycle, it will be further decreased by 20%. The platform believes this change stems from a clear phenomenon: a large number of accounts flood the timeline with 'reposted stolen content' and clickbait information daily, squeezing the exposure space for genuine creators and stifling the growth of new authors. Moving forward, the platform plans to implement permanent revenue deductions for accounts that consistently use clickbait labels like 'BREAKING' to drive traffic. X will not restrict speech or the range of dissemination, but will not provide revenue compensation for manipulating distribution mechanisms or misleading user behavior.

X Product Head: Aggregator Revenue Share Reduced to 60% to Combat Clickbait and Content Theft

Paolo Ardoino, CEO of stablecoin issuer Tether, stated on the X platform that 'artificial intelligence should be as open as freedom.' He believes that the path of centralized AI has reached a 'dead end.' In the context of major tech companies continuing to build closed AI systems, Tether is promoting a contrary direction by exploring solutions to run AI models on local devices through QVAC. This approach enables users to have control over their own data and computing power, aligning with the core principle of 'self-custody' in the crypto industry, which asserts that users should have sovereignty over their data and computational resources.

[Tether CEO: Centralized AI is a 'Dead End', Advocates for Localization and Data Sovereignty]Paolo Ardoino, CEO of stablecoin issuer Tether, stated on the X platform that 'artificial intelligence should be as open as freedom.' He believes that the path of centralized AI has reached a 'dead end.' In the context of major tech companies continuing to build closed AI systems, Tether is promoting a contrary direction by exploring solutions to run AI models on local devices through QVAC. This approach enables users to have control over their own data and computing power, aligning with the core principle of 'self-custody' in the crypto industry, which asserts that users should have sovereignty over their data and computational resources.

Tether CEO: Centralized AI is a 'Dead End', Advocates for Localization and Data Sovereignty

On April 12, according to HTX market information, TRU surged over 90% in a single day, currently priced at $0.0119. Additionally, data from Coinglass shows that the total TRU contract open interest has increased to $14.99 million, a 209% rise in 24 hours, indicating significant support from contract-driven momentum in this round of increase. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.

[TRU Surges Over 90% in a Single Day, Joins 'Meme Coin' Ranks]On April 12, according to HTX market information, TRU surged over 90% in a single day, currently priced at $0.0119. Additionally, data from Coinglass shows that the total TRU contract open interest has increased to $14.99 million, a 209% rise in 24 hours, indicating significant support from contract-driven momentum in this round of increase. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.

TRU Surges Over 90% in a Single Day, Joins 'Meme Coin' Ranks

On April 12, sources revealed that US-Iran negotiations will continue, and Vance's departure was merely a display of power. Additionally, the Speaker of the Iranian Parliament stated that the Iranian delegation had proposed forward-looking initiatives, but the other side ultimately failed to gain the trust of the Iranian delegation in this round of talks. The US has understood Iran's logic and principles, and now it is their turn to decide whether they can earn our trust. Earlier today, the US-Iran negotiations concluded without an agreement, and following the talks, US Vice President Vance left Pakistan, while the Iranian delegation is also set to depart on the 12th. The time, location, and agenda for the next round of US-Iran negotiations have yet to be announced.

[Sources: Vance's Departure is a Power Play, US-Iran Negotiations Will Continue]On April 12, sources revealed that US-Iran negotiations will continue, and Vance's departure was merely a display of power. Additionally, the Speaker of the Iranian Parliament stated that the Iranian delegation had proposed forward-looking initiatives, but the other side ultimately failed to gain the trust of the Iranian delegation in this round of talks. The US has understood Iran's logic and principles, and now it is their turn to decide whether they can earn our trust. Earlier today, the US-Iran negotiations concluded without an agreement, and following the talks, US Vice President Vance left Pakistan, while the Iranian delegation is also set to depart on the 12th. The time, location, and agenda for the next round of US-Iran negotiations have yet to be announced.

Sources: Vance's Departure is a Power Play, US-Iran Negotiations Will Continue

On April 12, according to a report by Iran's Mehr News Agency, Iran's Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and its tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and under the leadership's directives, control over this strategic waterway is not open for negotiation under any circumstances. (Xinhua News Agency)

[Iran's Deputy Speaker: Strait of Hormuz is a 'Red Line' Fully Controlled by Iran]On April 12, according to a report by Iran's Mehr News Agency, Iran's Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and its tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and under the leadership's directives, control over this strategic waterway is not open for negotiation under any circumstances. (Xinhua News Agency)

Iran's Deputy Speaker: Strait of Hormuz is a 'Red Line' Fully Controlled by Iran

According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

[Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04]According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04

On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

[Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance]On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance

On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

[Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran]On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran

Kazakhstan’s coffers have received 3.07 billion tenge (almost $6.9 million) in tax payments from entities involved in the minting of digital currencies in 2022.

[Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector]Kazakhstan’s coffers have received 3.07 billion tenge (almost $6.9 million) in tax payments from entities involved in the minting of digital currencies in 2022.

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

Why Robert Kiyosaki’s bullish Bitcoin thesis faces a crucial test this week

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Article

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

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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