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On April 12, according to HTX market information, Bitcoin has fallen below $71,000, with a 24-hour decline of 2.65%.

[Bitcoin Falls Below $71,000, 24-Hour Decline of 2.65%]On April 12, according to HTX market information, Bitcoin has fallen below $71,000, with a 24-hour decline of 2.65%.

Bitcoin Falls Below $71,000, 24-Hour Decline of 2.65%

On April 12, Trump posted on Truth Social that the meeting went smoothly, with most issues reaching consensus, but the only truly important issue—the nuclear issue—remained unresolved. Effective immediately, the most elite U.S. Navy will begin to blockade all ships attempting to enter or exit the Strait of Hormuz. We will ultimately achieve a situation where 'all ships can pass freely,' but Iran has obstructed this process by claiming 'there may be mines somewhere,' which only they know about. This is global extortion, and leaders around the world, especially U.S. leaders, will never yield to such extortion. I have instructed the Navy to search for and intercept all ships paying fees to Iran in international waters. Any illegal payment of fees will result in unsafe passage on the high seas. We will also begin to destroy the mines Iran has laid in the strait. Any Iranian who dares to fire upon us or peaceful vessels will be obliterated! Iran knows better than anyone how to end this crisis that has already destroyed their country. Their navy is gone, their air force is gone, their air defense systems and radar are virtually nonexistent, and Khamenei and most of their 'leaders' are dead, all stemming from their nuclear ambitions. The blockade is about to begin. Other countries will also participate. We will never allow Iran to profit from this illegal extortion. They want money, and more importantly, they want nuclear weapons. Furthermore, at the right moment, we are fully prepared to completely destroy what remains of Iran! According to PolyBeats monitoring, the probability of 'the Strait of Hormuz being navigable by the end of this month' is currently at 18% on the prediction market Polymarket.

[Trump: U.S. Navy to Blockade Strait of Hormuz, Intercept All Ships Paying Fees to Iran]On April 12, Trump posted on Truth Social that the meeting went smoothly, with most issues reaching consensus, but the only truly important issue—the nuclear issue—remained unresolved. Effective immediately, the most elite U.S. Navy will begin to blockade all ships attempting to enter or exit the Strait of Hormuz. We will ultimately achieve a situation where 'all ships can pass freely,' but Iran has obstructed this process by claiming 'there may be mines somewhere,' which only they know about. This is global extortion, and leaders around the world, especially U.S. leaders, will never yield to such extortion. I have instructed the Navy to search for and intercept all ships paying fees to Iran in international waters. Any illegal payment of fees will result in unsafe passage on the high seas. We will also begin to destroy the mines Iran has laid in the strait. Any Iranian who dares to fire upon us or peaceful vessels will be obliterated! Iran knows better than anyone how to end this crisis that has already destroyed their country. Their navy is gone, their air force is gone, their air defense systems and radar are virtually nonexistent, and Khamenei and most of their 'leaders' are dead, all stemming from their nuclear ambitions. The blockade is about to begin. Other countries will also participate. We will never allow Iran to profit from this illegal extortion. They want money, and more importantly, they want nuclear weapons. Furthermore, at the right moment, we are fully prepared to completely destroy what remains of Iran! According to PolyBeats monitoring, the probability of 'the Strait of Hormuz being navigable by the end of this month' is currently at 18% on the prediction market Polymarket.

Trump: U.S. Navy to Blockade Strait of Hormuz, Intercept All Ships Paying Fees to Iran

Digital asset financial services company Tok-Edge has announced the launch of a crypto hedge fund aimed at institutional investors, with a goal of raising $100 million in its first round by 2026. Tok-Edge has reportedly been operating in 'stealth mode' until now. The long-term objective of the new fund is to build a compliant crypto asset allocation infrastructure for institutions, with an initial size of $21 million. Veteran traditional finance investor Marcus Meijer and his investment alliance are among the fund's investors, with the latter planning to act as a cornerstone investor by providing $10 million.

[Tok-Edge to Launch Crypto Hedge Fund Aiming for $100 Million in Funding]Digital asset financial services company Tok-Edge has announced the launch of a crypto hedge fund aimed at institutional investors, with a goal of raising $100 million in its first round by 2026. Tok-Edge has reportedly been operating in 'stealth mode' until now. The long-term objective of the new fund is to build a compliant crypto asset allocation infrastructure for institutions, with an initial size of $21 million. Veteran traditional finance investor Marcus Meijer and his investment alliance are among the fund's investors, with the latter planning to act as a cornerstone investor by providing $10 million.

Tok-Edge to Launch Crypto Hedge Fund Aiming for $100 Million in Funding

According to monitoring by 1M AI News, renowned AI commentator and NYU professor Gary Marcus stated that while Claude Code is not AGI, it is the most significant single advancement in the AI field since the emergence of LLMs. However, its core relies not on pure LLM or pure deep learning, but rather incorporates a substantial amount of classical symbolic AI techniques. Based on a recent source code leak, Claude Code features a core file named print.ts with 3,167 lines, containing 486 branching points and numerous IF-THEN conditional judgments with 12 layers of nested deterministic symbolic loops, reminiscent of the style familiar to early symbolic AI pioneers like McCarthy, Minsky, and Simon. Anthropic, when precise pattern matching is required, does not dare to rely solely on probabilistic LLMs and has opted for a hybrid approach. Marcus claims this validates his long-standing advocacy for neuro-symbolic AI. Systems like AlphaFold and Code Interpreter are also similar hybrid products. Progress is not merely achieved through scaling but through the intelligent combination of classical symbolic AI with neural networks; pure scaling is no longer the essence of innovation, and the paradigm has shifted.

[Gary Marcus: Claude Code Represents the Greatest Advancement in AI Since LLMs, Based on Neuro-Symbolic Integration Rather Than Pure Deep Learning]According to monitoring by 1M AI News, renowned AI commentator and NYU professor Gary Marcus stated that while Claude Code is not AGI, it is the most significant single advancement in the AI field since the emergence of LLMs. However, its core relies not on pure LLM or pure deep learning, but rather incorporates a substantial amount of classical symbolic AI techniques. Based on a recent source code leak, Claude Code features a core file named print.ts with 3,167 lines, containing 486 branching points and numerous IF-THEN conditional judgments with 12 layers of nested deterministic symbolic loops, reminiscent of the style familiar to early symbolic AI pioneers like McCarthy, Minsky, and Simon. Anthropic, when precise pattern matching is required, does not dare to rely solely on probabilistic LLMs and has opted for a hybrid approach. Marcus claims this validates his long-standing advocacy for neuro-symbolic AI. Systems like AlphaFold and Code Interpreter are also similar hybrid products. Progress is not merely achieved through scaling but through the intelligent combination of classical symbolic AI with neural networks; pure scaling is no longer the essence of innovation, and the paradigm has shifted.

Gary Marcus: Claude Code Represents the Greatest Advancement in AI Since LLMs, Based on Neuro-Symbolic Integration Rather Than Pure Deep Learning

According to the Pakistani government, Iranian Islamic Consultative Assembly Speaker Qalibaf led the Iranian negotiation delegation to depart Pakistan by plane on the evening of the 12th. (Xinhua News Agency)

[Iranian Speaker Qalibaf Leads Negotiation Delegation Departing Pakistan]According to the Pakistani government, Iranian Islamic Consultative Assembly Speaker Qalibaf led the Iranian negotiation delegation to depart Pakistan by plane on the evening of the 12th. (Xinhua News Agency)

Iranian Speaker Qalibaf Leads Negotiation Delegation Departing Pakistan

On April 12 local time, US President Trump stated on social media that the US-Iran talks had reached an agreement on 'most issues,' but failed to find common ground on the critical issue of 'nuclear matters.' Trump mentioned that the US had received briefings on the discussions, which lasted about 20 hours, but Iran was 'unwilling to abandon its nuclear ambitions.' He stated that the US would continue to push for negotiations while being 'fully prepared.' He reiterated that Iran 'will never have nuclear weapons.' (CCTV News)

[Trump: US and Iran Agree on 'Most Issues' Except Nuclear Matters]On April 12 local time, US President Trump stated on social media that the US-Iran talks had reached an agreement on 'most issues,' but failed to find common ground on the critical issue of 'nuclear matters.' Trump mentioned that the US had received briefings on the discussions, which lasted about 20 hours, but Iran was 'unwilling to abandon its nuclear ambitions.' He stated that the US would continue to push for negotiations while being 'fully prepared.' He reiterated that Iran 'will never have nuclear weapons.' (CCTV News)

Trump: US and Iran Agree on 'Most Issues' Except Nuclear Matters

According to monitoring by 1M AI News, Yushutech has announced that its H1 robot has set a new world record for the 100m sprint speed test for humanoid robots. Video footage shows that the H1 robot achieved a peak speed of 10 meters per second during the test. The current men's 100m world record holder, Usain Bolt, has a speed of 9.58 seconds (10.44 meters per second). In March of this year, Yushutech founder Wang Xingxing stated at the Yabuli Forum, 'By mid-year, the 100m sprint of Chinese humanoid robots will break the 10-second barrier, surpassing Bolt.'

[Yushutech's H1 Robot Breaks World Record for Humanoid Robot 100m Speed]According to monitoring by 1M AI News, Yushutech has announced that its H1 robot has set a new world record for the 100m sprint speed test for humanoid robots. Video footage shows that the H1 robot achieved a peak speed of 10 meters per second during the test. The current men's 100m world record holder, Usain Bolt, has a speed of 9.58 seconds (10.44 meters per second). In March of this year, Yushutech founder Wang Xingxing stated at the Yabuli Forum, 'By mid-year, the 100m sprint of Chinese humanoid robots will break the 10-second barrier, surpassing Bolt.'

Yushutech's H1 Robot Breaks World Record for Humanoid Robot 100m Speed

On April 12, CoinDesk reported that documents submitted to the Federal Election Commission (FEC) by the U.S. Super Political Action Committee (Super PAC) Fellowship, which is associated with Tether, revealed its first expenditure of $300,000 directed to Nxum Group. This company was co-founded by Tether's U.S. CEO and former Trump administration crypto advisor Bo Hines, along with his father and a third-party partner. The funds were used to purchase campaign advertisements for Georgia Republican congressional candidate Clay Fuller. On April 1 of this year, Fellowship appointed Jesse Spiro, Tether's Vice President of U.S. Regulatory Affairs, as the committee's chairman. When the committee was announced last year, it received a total funding commitment of $100 million, but FEC documents indicate that the current account balance is zero. Tether International stated that it has no connection to Fellowship, while Tether U.S. declined to comment. Michael Beckel from the political reform organization Issue One noted that it is not illegal under U.S. campaign finance rules for a Super PAC to pay a founder's affiliated company, provided that the services are genuinely rendered and the rates are in line with market prices. Fellowship's CFO Mitchell Nobel is currently employed at Cantor Fitzgerald, the firm responsible for managing Tether's global business assets.

[Tether-Linked Super PAC's $300,000 Expenditure Raises Concerns Over Potential Conflicts of Interest]On April 12, CoinDesk reported that documents submitted to the Federal Election Commission (FEC) by the U.S. Super Political Action Committee (Super PAC) Fellowship, which is associated with Tether, revealed its first expenditure of $300,000 directed to Nxum Group. This company was co-founded by Tether's U.S. CEO and former Trump administration crypto advisor Bo Hines, along with his father and a third-party partner. The funds were used to purchase campaign advertisements for Georgia Republican congressional candidate Clay Fuller. On April 1 of this year, Fellowship appointed Jesse Spiro, Tether's Vice President of U.S. Regulatory Affairs, as the committee's chairman. When the committee was announced last year, it received a total funding commitment of $100 million, but FEC documents indicate that the current account balance is zero. Tether International stated that it has no connection to Fellowship, while Tether U.S. declined to comment. Michael Beckel from the political reform organization Issue One noted that it is not illegal under U.S. campaign finance rules for a Super PAC to pay a founder's affiliated company, provided that the services are genuinely rendered and the rates are in line with market prices. Fellowship's CFO Mitchell Nobel is currently employed at Cantor Fitzgerald, the firm responsible for managing Tether's global business assets.

Tether-Linked Super PAC's $300,000 Expenditure Raises Concerns Over Potential Conflicts of Interest

Market data shows that BTC has fallen below $71,000, currently priced at $70,974.17, with a 24-hour decline of 2.69%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Falls Below $71,000]Market data shows that BTC has fallen below $71,000, currently priced at $70,974.17, with a 24-hour decline of 2.69%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Falls Below $71,000

1. U.S. New York State Department of Financial Services adopts virtual currency assessment regulation;
2. CME Group Plans to Extend Contract Duration of Bitcoin and Ethereum Options Starting May 22;
3. Grayscale Solana Trust Now Trading on OTC Markets;
4. CoinShares: Digital asset investment products saw inflows totalling $114m last week;
5. SEC Charges Bittrex and its Former CEO for Operating an Unregistered Exchange, Broker, and Clearing Agency.

Detail

【Huobi Breaking News】1. U.S. New York State Department of Financial Services adopts virtual currency assessment regulation;
2. CME Group Plans to Extend Contract Duration of Bitcoin and Ethereum Options Starting May 22;
3. Grayscale Solana Trust Now Trading on OTC Markets;
4. CoinShares: Digital asset investment products saw inflows totalling $114m last week;
5. SEC Charges Bittrex and its Former CEO for Operating an Unregistered Exchange, Broker, and Clearing Agency.

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Huobi Breaking News

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