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On March 25, US House Speaker Johnson stated that the war in Iran is 'nearing its end and objectives have been achieved,' while emphasizing that the buildup of US military forces in the Middle East serves as a warning to Iran, asserting that 'there will be no ground operations.' Recently, it was reported that the Trump administration is increasing ground combat forces in the Middle East. The Marine Corps' 31st and 11th Expeditionary Units, which include thousands of troops, are en route, and operational units from the Army's 82nd Airborne Division are also preparing to head to the region. (Jinshi)

[US House Speaker: US Military Will Not Conduct Ground Operations in Iran]On March 25, US House Speaker Johnson stated that the war in Iran is 'nearing its end and objectives have been achieved,' while emphasizing that the buildup of US military forces in the Middle East serves as a warning to Iran, asserting that 'there will be no ground operations.' Recently, it was reported that the Trump administration is increasing ground combat forces in the Middle East. The Marine Corps' 31st and 11th Expeditionary Units, which include thousands of troops, are en route, and operational units from the Army's 82nd Airborne Division are also preparing to head to the region. (Jinshi)

US House Speaker: US Military Will Not Conduct Ground Operations in Iran

On March 25, according to Politico, U.S. House Speaker Johnson stated that "Operation Epic Wrath" is nearing completion. "Operation Epic Wrath" is a meticulously planned, unprecedented joint U.S.-Israeli strike aimed at completely destroying the Iranian regime's core threats, including its nuclear ambitions, ballistic missile arsenal, naval power, and its ability to support terrorist proxy networks.

[House Speaker: 'Operation Epic Wrath' Nearing Completion]On March 25, according to Politico, U.S. House Speaker Johnson stated that "Operation Epic Wrath" is nearing completion. "Operation Epic Wrath" is a meticulously planned, unprecedented joint U.S.-Israeli strike aimed at completely destroying the Iranian regime's core threats, including its nuclear ambitions, ballistic missile arsenal, naval power, and its ability to support terrorist proxy networks.

House Speaker: 'Operation Epic Wrath' Nearing Completion

On March 25th, commodity ETFs experienced the largest-ever capital withdrawal in history, influenced by the escalating tensions in the Middle East. Data from Bloomberg Industry Research shows that since March, approximately $11 billion has flowed out of nearly 100 ETFs covering precious metals and diversified commodities. This marks the largest monthly net outflow since 2005, reversing a trend of nine consecutive months of net inflows. Gold became a major casualty of the sell-off, with the world's largest gold ETF, SPDR Gold Shares, experiencing redemptions exceeding $7 billion. Silver ETFs also saw outflows of approximately $1.4 billion. Analysts attribute the decline in gold's appeal to profit-taking following earlier price increases, coupled with expectations of high interest rates and a strong dollar, leading to a "cash is king" market logic. Meanwhile, the crude oil market experienced increased volatility due to disruptions in shipping through the Strait of Hormuz, pushing Brent crude prices to around $104 per barrel. Some funds shifted towards energy products, with the U.S. Oil Fund (USO) attracting approximately $400 million this month, bucking the trend. Institutions point out that this wave of outflows is primarily driven by gold and silver, reflecting growing divergence in current market expectations.

[Commodity ETFs See Record $11 Billion Outflow in March]On March 25th, commodity ETFs experienced the largest-ever capital withdrawal in history, influenced by the escalating tensions in the Middle East. Data from Bloomberg Industry Research shows that since March, approximately $11 billion has flowed out of nearly 100 ETFs covering precious metals and diversified commodities. This marks the largest monthly net outflow since 2005, reversing a trend of nine consecutive months of net inflows. Gold became a major casualty of the sell-off, with the world's largest gold ETF, SPDR Gold Shares, experiencing redemptions exceeding $7 billion. Silver ETFs also saw outflows of approximately $1.4 billion. Analysts attribute the decline in gold's appeal to profit-taking following earlier price increases, coupled with expectations of high interest rates and a strong dollar, leading to a "cash is king" market logic. Meanwhile, the crude oil market experienced increased volatility due to disruptions in shipping through the Strait of Hormuz, pushing Brent crude prices to around $104 per barrel. Some funds shifted towards energy products, with the U.S. Oil Fund (USO) attracting approximately $400 million this month, bucking the trend. Institutions point out that this wave of outflows is primarily driven by gold and silver, reflecting growing divergence in current market expectations.

Commodity ETFs See Record $11 Billion Outflow in March

On March 25, it was reported that U.S. House Speaker Johnson stated that the war in Iran is 'nearing its end and objectives have been achieved.' He emphasized that the buildup of U.S. military forces in the Middle East serves as a warning to Iran and asserted that 'there will be no ground combat.' Recently, it was revealed that the Trump administration is increasing ground combat forces in the Middle East. The 31st and 11th Marine Expeditionary Units, comprising thousands of troops, are en route, and operational units of the Army's 82nd Airborne Division are also preparing to head to the Middle East. (CCTV News)

[U.S. House Speaker: U.S. Military Will Not Engage in Ground Combat in Iran]On March 25, it was reported that U.S. House Speaker Johnson stated that the war in Iran is 'nearing its end and objectives have been achieved.' He emphasized that the buildup of U.S. military forces in the Middle East serves as a warning to Iran and asserted that 'there will be no ground combat.' Recently, it was revealed that the Trump administration is increasing ground combat forces in the Middle East. The 31st and 11th Marine Expeditionary Units, comprising thousands of troops, are en route, and operational units of the Army's 82nd Airborne Division are also preparing to head to the Middle East. (CCTV News)

U.S. House Speaker: U.S. Military Will Not Engage in Ground Combat in Iran

Market data shows that BTC has fallen below $71,000, currently trading at $70,969.43. The 24-hour gain has narrowed to 1.4%. The market is experiencing significant volatility, so please implement risk control measures.

[BTC Drops Below $71,000]Market data shows that BTC has fallen below $71,000, currently trading at $70,969.43. The 24-hour gain has narrowed to 1.4%. The market is experiencing significant volatility, so please implement risk control measures.

BTC Drops Below $71,000

On March 25th, Iran's state television reported today (March 25th), citing an unnamed senior Iranian political and security official, that Iran will end the war according to its own timeline and after its proposed conditions are met, and will not allow U.S. President Trump to decide when the war ends. The official stated that the conditions proposed by Iran include: the cessation of "aggression" by the opposing party; the establishment of practical and effective guarantee mechanisms to prevent the recurrence of war; clear definition and implementation of compensation for war losses; a complete end to military operations on all fronts, including the cessation of attacks against all "resistance forces" organizations; and the recognition of Iran's legitimate right to sovereignty over the Strait of Hormuz. (CCTV International News)

[Iran: Trump Will Not Dictate End of Hostilities]On March 25th, Iran's state television reported today (March 25th), citing an unnamed senior Iranian political and security official, that Iran will end the war according to its own timeline and after its proposed conditions are met, and will not allow U.S. President Trump to decide when the war ends. The official stated that the conditions proposed by Iran include: the cessation of "aggression" by the opposing party; the establishment of practical and effective guarantee mechanisms to prevent the recurrence of war; clear definition and implementation of compensation for war losses; a complete end to military operations on all fronts, including the cessation of attacks against all "resistance forces" organizations; and the recognition of Iran's legitimate right to sovereignty over the Strait of Hormuz. (CCTV International News)

Iran: Trump Will Not Dictate End of Hostilities

On March 25, according to a report by 'Today India', Iran's Foreign Ministry spokesman Baghaei stated in an exclusive interview with the media that Iran is not engaged in negotiations with the United States and will continue to exercise its right to self-defense. (Xinhua News Agency)

[Iran's Foreign Ministry: No Negotiations with the U.S., Will Continue to Exercise Right to Self-Defense]On March 25, according to a report by 'Today India', Iran's Foreign Ministry spokesman Baghaei stated in an exclusive interview with the media that Iran is not engaged in negotiations with the United States and will continue to exercise its right to self-defense. (Xinhua News Agency)

Iran's Foreign Ministry: No Negotiations with the U.S., Will Continue to Exercise Right to Self-Defense

On March 25, Interactive Brokers announced that it now supports clients in transferring existing crypto assets (such as Bitcoin, Ethereum, Solana, etc.) directly from external wallets or platforms into their associated crypto accounts without the need to sell the assets in advance. This feature allows users to manage crypto assets alongside traditional assets like stocks, options, futures, forex, and bonds on the same platform, enabling more efficient cross-market allocation. In terms of fees, Interactive Brokers offers crypto trading services through Paxos or Zero Hash, with transaction fees ranging from 0.12% to 0.18% of the transaction amount, with a minimum fee of $1.75 per transaction, and no additional spreads or markups, significantly lower than the approximately 2% fee level of some crypto platforms. This feature is currently available to eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited, with specific support varying by region.

[Interactive Brokers Supports Crypto Asset Transfers, Reducing Trading Costs and Expanding Investment Channels]On March 25, Interactive Brokers announced that it now supports clients in transferring existing crypto assets (such as Bitcoin, Ethereum, Solana, etc.) directly from external wallets or platforms into their associated crypto accounts without the need to sell the assets in advance. This feature allows users to manage crypto assets alongside traditional assets like stocks, options, futures, forex, and bonds on the same platform, enabling more efficient cross-market allocation. In terms of fees, Interactive Brokers offers crypto trading services through Paxos or Zero Hash, with transaction fees ranging from 0.12% to 0.18% of the transaction amount, with a minimum fee of $1.75 per transaction, and no additional spreads or markups, significantly lower than the approximately 2% fee level of some crypto platforms. This feature is currently available to eligible clients of Interactive Brokers LLC and Interactive Brokers (U.K.) Limited, with specific support varying by region.

Interactive Brokers Supports Crypto Asset Transfers, Reducing Trading Costs and Expanding Investment Channels

On March 25th, according to the Iranian government-controlled news channel Press TV, Iranian government officials issued a statement indicating that Iran has rejected the US proposal and insists that the war will only end under Iran's own terms and timeline. An official familiar with the details of the Iranian government stated that Iran will not allow Trump to decide when the war ends. He also emphasized Tehran's determination to continue its defense and inflict "heavy blows" on the enemy until its demands are met. The official outlined five specific conditions for Iran to agree to end the war, including: 

* A complete cessation of the enemy's "aggression and assassination" operations.
* The establishment of a concrete mechanism to ensure the war is not imposed on Iran again.
* Guarantees and clear definition for the payment of compensation and reparations for war damages.
* An end to the war on all fronts and within the scope of all resistance groups involved throughout the region.
* International recognition and guarantee of Iran's sovereign right to exercise jurisdiction over the Strait of Hormuz.

Iran has conveyed to all well-intentioned mediators that the prerequisite for a ceasefire is the acceptance of all its conditions. "No negotiations will take place before this," the official emphasized, reiterating that Iran's defensive actions will continue until the aforementioned conditions are met. (Jins10)

[Iran Outlines Five Conditions for Ceasefire, Demands Acceptance Before Negotiations]On March 25th, according to the Iranian government-controlled news channel Press TV, Iranian government officials issued a statement indicating that Iran has rejected the US proposal and insists that the war will only end under Iran's own terms and timeline. An official familiar with the details of the Iranian government stated that Iran will not allow Trump to decide when the war ends. He also emphasized Tehran's determination to continue its defense and inflict "heavy blows" on the enemy until its demands are met. The official outlined five specific conditions for Iran to agree to end the war, including: 

* A complete cessation of the enemy's "aggression and assassination" operations.
* The establishment of a concrete mechanism to ensure the war is not imposed on Iran again.
* Guarantees and clear definition for the payment of compensation and reparations for war damages.
* An end to the war on all fronts and within the scope of all resistance groups involved throughout the region.
* International recognition and guarantee of Iran's sovereign right to exercise jurisdiction over the Strait of Hormuz.

Iran has conveyed to all well-intentioned mediators that the prerequisite for a ceasefire is the acceptance of all its conditions. "No negotiations will take place before this," the official emphasized, reiterating that Iran's defensive actions will continue until the aforementioned conditions are met. (Jins10)

Iran Outlines Five Conditions for Ceasefire, Demands Acceptance Before Negotiations

According to Coindesk, several investment banks have downgraded their ratings on Argo Blockchain's stock, with investment bank Canaccord Genuity downgrading its rating to Hold from Buy and lowering its price target on the company's American Depositary Shares (ARBK) from Jefferies downgraded Argo from Buy to Hold. Jefferies downgraded Argo to Hold from Buy and cut its price target to $1.10 from $13. Canaccord analyst Joseph Vafi said in a report that it was downgrading Argo shares to Hold. Argo Blockchain previously said a deal to sell a $27 million stake to fund operations had fallen through and that the miner, hit by depressed bitcoin prices and high energy costs due to the absence of a fixed-rate power deal, could soon run into negative cash flow.

Detail

【Several Investment Banks Downgrade Shares of Argo Blockchain】According to Coindesk, several investment banks have downgraded their ratings on Argo Blockchain's stock, with investment bank Canaccord Genuity downgrading its rating to Hold from Buy and lowering its price target on the company's American Depositary Shares (ARBK) from Jefferies downgraded Argo from Buy to Hold. Jefferies downgraded Argo to Hold from Buy and cut its price target to $1.10 from $13. Canaccord analyst Joseph Vafi said in a report that it was downgrading Argo shares to Hold. Argo Blockchain previously said a deal to sell a $27 million stake to fund operations had fallen through and that the miner, hit by depressed bitcoin prices and high energy costs due to the absence of a fixed-rate power deal, could soon run into negative cash flow.

Several Investment Banks Downgrade Shares of Argo Blockchain

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Several Investment Banks Downgrade Shares of Argo Blockchain

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