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On April 21, Apple (AAPL.O) announced on Monday that John Ternus will succeed Tim Cook as CEO effective September 1, with Cook transitioning to the role of Executive Chairman. Ternus, who is currently Senior Vice President of Hardware Engineering, will join Apple's board of directors upon becoming CEO. Art Levinson, the current non-executive chairman, will become the lead independent director on the same day. In a press release, Apple stated, 'Cook will continue to serve as CEO throughout the summer, working closely with Ternus to ensure a smooth transition.' This marks the first CEO transition at Apple since Cook took over from Steve Jobs in 2011, shortly before Jobs' passing. Under Cook's leadership, Apple's market value has increased approximately 24 times, reaching $4 trillion at Monday's close.

[Apple Announces Leadership Change: John Ternus to Succeed Tim Cook as CEO]On April 21, Apple (AAPL.O) announced on Monday that John Ternus will succeed Tim Cook as CEO effective September 1, with Cook transitioning to the role of Executive Chairman. Ternus, who is currently Senior Vice President of Hardware Engineering, will join Apple's board of directors upon becoming CEO. Art Levinson, the current non-executive chairman, will become the lead independent director on the same day. In a press release, Apple stated, 'Cook will continue to serve as CEO throughout the summer, working closely with Ternus to ensure a smooth transition.' This marks the first CEO transition at Apple since Cook took over from Steve Jobs in 2011, shortly before Jobs' passing. Under Cook's leadership, Apple's market value has increased approximately 24 times, reaching $4 trillion at Monday's close.

Apple Announces Leadership Change: John Ternus to Succeed Tim Cook as CEO

On April 21, Citigroup stated that if the navigation through the Strait of Hormuz remains obstructed for another month, oil prices could rise to $110 per barrel. The company indicated that if this critical shipping route continues to be blocked for the next four weeks, the global loss of crude oil and refined product inventories due to the U.S.-Iran conflict could reach 1.3 billion barrels. Citigroup noted that even if a ceasefire extension agreement is signed this week and navigation through the strait, along with crude oil production, gradually resumes throughout May, the total global inventories of crude oil and refined products are still expected to decrease by about 900 million barrels. This includes 500 million barrels already lost and an anticipated further loss of 400 million barrels due to delayed production ramp-up and conflict-related damages. Additionally, Citigroup stated that if the disruption in the Strait of Hormuz lasts for another two months, it could result in a loss of approximately 1.7 billion barrels and push oil prices up to $130 per barrel. However, Citigroup predicts that even if the conflict ends this week, global crude oil and fuel inventories will still drop to their lowest level in eight years by the end of June. The company mentioned that rebuilding these inventories could take over two years, even if the market can quickly return to a state of oversupply of 1 million barrels per day after the conflict ends.

[Citi: Oil Prices Could Reach $110 if Strait of Hormuz Disruption Lasts Another Month]On April 21, Citigroup stated that if the navigation through the Strait of Hormuz remains obstructed for another month, oil prices could rise to $110 per barrel. The company indicated that if this critical shipping route continues to be blocked for the next four weeks, the global loss of crude oil and refined product inventories due to the U.S.-Iran conflict could reach 1.3 billion barrels. Citigroup noted that even if a ceasefire extension agreement is signed this week and navigation through the strait, along with crude oil production, gradually resumes throughout May, the total global inventories of crude oil and refined products are still expected to decrease by about 900 million barrels. This includes 500 million barrels already lost and an anticipated further loss of 400 million barrels due to delayed production ramp-up and conflict-related damages. Additionally, Citigroup stated that if the disruption in the Strait of Hormuz lasts for another two months, it could result in a loss of approximately 1.7 billion barrels and push oil prices up to $130 per barrel. However, Citigroup predicts that even if the conflict ends this week, global crude oil and fuel inventories will still drop to their lowest level in eight years by the end of June. The company mentioned that rebuilding these inventories could take over two years, even if the market can quickly return to a state of oversupply of 1 million barrels per day after the conflict ends.

Citi: Oil Prices Could Reach $110 if Strait of Hormuz Disruption Lasts Another Month

On April 21, Iranian Foreign Minister Amir-Abdollahian spoke with Pakistani Deputy Prime Minister and Foreign Minister Bilawal Bhutto Zardari to discuss the developments in the regional situation and issues related to the ceasefire. Amir-Abdollahian stated that the provocations by the United States and its ongoing violations of the ceasefire agreement, particularly the threats and aggression against Iranian merchant vessels, as well as its contradictory positions and threatening rhetoric, are fundamental obstacles to the continuation of the diplomatic process. He mentioned that Iran will take all factors into account before deciding how to proceed with the diplomatic process.

[Iranian Foreign Minister: U.S. 'Provocations and Breaches' are Fundamental Obstacles to Diplomatic Process]On April 21, Iranian Foreign Minister Amir-Abdollahian spoke with Pakistani Deputy Prime Minister and Foreign Minister Bilawal Bhutto Zardari to discuss the developments in the regional situation and issues related to the ceasefire. Amir-Abdollahian stated that the provocations by the United States and its ongoing violations of the ceasefire agreement, particularly the threats and aggression against Iranian merchant vessels, as well as its contradictory positions and threatening rhetoric, are fundamental obstacles to the continuation of the diplomatic process. He mentioned that Iran will take all factors into account before deciding how to proceed with the diplomatic process.

Iranian Foreign Minister: U.S. 'Provocations and Breaches' are Fundamental Obstacles to Diplomatic Process

On April 21, major U.S. stock indices closed slightly lower, with the Nasdaq down 0.26%, ending a 13-day winning streak. The S&P 500 fell by 0.24%, while the Dow Jones Industrial Average decreased by 0.01%. Most popular tech stocks also saw declines.

[Major U.S. Stock Indices Close Slightly Lower]On April 21, major U.S. stock indices closed slightly lower, with the Nasdaq down 0.26%, ending a 13-day winning streak. The S&P 500 fell by 0.24%, while the Dow Jones Industrial Average decreased by 0.01%. Most popular tech stocks also saw declines.

Major U.S. Stock Indices Close Slightly Lower

On April 21, Trump posted consecutively on social media. He stated, "I am winning a war, and it is a great victory. The situation is progressing very smoothly, and our troops are performing exceptionally well. If you read those fake news outlets, like the soon-to-be-defunct New York Times, the extremely poor and disgusting Wall Street Journal, or the nearly bankrupt Washington Post (thankfully), you would even think we are losing this war. The enemy is confused because they see these media 'reports,' yet they realize their navy has been completely destroyed, their air force has retreated to more concealed runways, they have no missile defense or air defense systems, and most of their former leaders are no longer in existence (among other things, this also means regime change!). Moreover, perhaps most importantly, the sanctions— which we will not lift before reaching an 'agreement'— are utterly destroying Iran. They are losing $500 million every day, which is an unsustainable figure even in the short term. The anti-American fake news media hopes for an Iranian victory, but that cannot happen because I am in charge now! Just as these unpatriotic individuals have exhausted their meager power to oppose me in the elections, they continue to do so regarding Iran. The outcome will be the same— in fact, it already is!

[Trump Claims Victory in War, Will Not Lift Iran Sanctions Before 'Agreement']On April 21, Trump posted consecutively on social media. He stated, "I am winning a war, and it is a great victory. The situation is progressing very smoothly, and our troops are performing exceptionally well. If you read those fake news outlets, like the soon-to-be-defunct New York Times, the extremely poor and disgusting Wall Street Journal, or the nearly bankrupt Washington Post (thankfully), you would even think we are losing this war. The enemy is confused because they see these media 'reports,' yet they realize their navy has been completely destroyed, their air force has retreated to more concealed runways, they have no missile defense or air defense systems, and most of their former leaders are no longer in existence (among other things, this also means regime change!). Moreover, perhaps most importantly, the sanctions— which we will not lift before reaching an 'agreement'— are utterly destroying Iran. They are losing $500 million every day, which is an unsustainable figure even in the short term. The anti-American fake news media hopes for an Iranian victory, but that cannot happen because I am in charge now! Just as these unpatriotic individuals have exhausted their meager power to oppose me in the elections, they continue to do so regarding Iran. The outcome will be the same— in fact, it already is!

Trump Claims Victory in War, Will Not Lift Iran Sanctions Before 'Agreement'

On April 21, Russia's major crypto exchange Grinex ceased operations last Wednesday due to a suspected major cyber attack, reportedly resulting in losses exceeding 1 billion rubles (approximately 13 million USD). The platform claimed on Telegram that the attack showed "signs of involvement from foreign intelligence agencies." Grinex is the successor to the previously sanctioned and shut down Garantex exchange, providing a financial channel for the Russian economy to evade sanctions. In 2025, it processed nearly 100 billion USD in transactions for the sanctioned stablecoin A7A5. Experts point out that Grinex's closure is not only due to the hacker attack itself but, more importantly, it removes a trading platform that Russian businesses relied on to convert rubles into usable international currencies, causing "serious damage" to the infrastructure for evading sanctions and making it harder for the Russian economy to escape the pressure of sanctions. The exchange had been sanctioned by Western authorities including the US, UK, and EU in August 2025. Meanwhile, the Russian economy continues to weaken, with Putin revealing that GDP declined by 1.8% in January-February this year, and maritime oil exports may drop to their lowest level since 2023.

[Russian Crypto Exchange Grinex Ceases Operations]On April 21, Russia's major crypto exchange Grinex ceased operations last Wednesday due to a suspected major cyber attack, reportedly resulting in losses exceeding 1 billion rubles (approximately 13 million USD). The platform claimed on Telegram that the attack showed "signs of involvement from foreign intelligence agencies." Grinex is the successor to the previously sanctioned and shut down Garantex exchange, providing a financial channel for the Russian economy to evade sanctions. In 2025, it processed nearly 100 billion USD in transactions for the sanctioned stablecoin A7A5. Experts point out that Grinex's closure is not only due to the hacker attack itself but, more importantly, it removes a trading platform that Russian businesses relied on to convert rubles into usable international currencies, causing "serious damage" to the infrastructure for evading sanctions and making it harder for the Russian economy to escape the pressure of sanctions. The exchange had been sanctioned by Western authorities including the US, UK, and EU in August 2025. Meanwhile, the Russian economy continues to weaken, with Putin revealing that GDP declined by 1.8% in January-February this year, and maritime oil exports may drop to their lowest level since 2023.

Russian Crypto Exchange Grinex Ceases Operations

On April 21, Trump stated that Democrats are doing everything they can to undermine the very favorable position the U.S. holds on the Iran issue. He noted that while World War I lasted 4 years, 3 months, and 14 days, World War II lasted 6 years and 1 day, the Korean War lasted 3 years, 1 month, and 2 days, the Vietnam War lasted 19 years, 5 months, and 29 days, and the Iraq War lasted 8 years, 8 months, and 28 days, they like to claim that I promised to defeat Iran in 6 weeks. In reality, from a military perspective, it is much faster than 6 weeks. However, I will not let them rush America into reaching a deal that could be better. I see fake news saying I am under 'pressure' to reach an agreement. That is absolutely not true! I am under no pressure (to reach a deal), although everything will happen relatively quickly! Time is not my enemy; the only thing that matters is that after 47 years, we are finally cleaning up the mess left by other presidents who lacked the courage or vision to do what needed to be done regarding Iran. We are in the process and will complete it the right way. Everything is being executed perfectly, on a scale comparable to the Venezuela operation, but this is a larger and more complex operation. The outcome will be the same.

[Trump: No Pressure to Reach Iran Deal, Won't Be Rushed by Others]On April 21, Trump stated that Democrats are doing everything they can to undermine the very favorable position the U.S. holds on the Iran issue. He noted that while World War I lasted 4 years, 3 months, and 14 days, World War II lasted 6 years and 1 day, the Korean War lasted 3 years, 1 month, and 2 days, the Vietnam War lasted 19 years, 5 months, and 29 days, and the Iraq War lasted 8 years, 8 months, and 28 days, they like to claim that I promised to defeat Iran in 6 weeks. In reality, from a military perspective, it is much faster than 6 weeks. However, I will not let them rush America into reaching a deal that could be better. I see fake news saying I am under 'pressure' to reach an agreement. That is absolutely not true! I am under no pressure (to reach a deal), although everything will happen relatively quickly! Time is not my enemy; the only thing that matters is that after 47 years, we are finally cleaning up the mess left by other presidents who lacked the courage or vision to do what needed to be done regarding Iran. We are in the process and will complete it the right way. Everything is being executed perfectly, on a scale comparable to the Venezuela operation, but this is a larger and more complex operation. The outcome will be the same.

Trump: No Pressure to Reach Iran Deal, Won't Be Rushed by Others

On April 21, Trump stated that the agreement we are reaching with Iran will be far better than the Joint Comprehensive Plan of Action (JCPOA), which was drafted by Barack Hussein Obama and Sleepy Joe Biden, and is one of the worst agreements in the history of our national security. It is a guaranteed pathway to nuclear weapons — and the agreement we are discussing will not, and cannot, allow for such a situation. They (the previous administration) even loaded $1.7 billion in cash onto a Boeing 757 and sent it to Iran, allowing the Iranian leadership to spend it as they pleased. They cleared out all the cash from banks in Washington D.C., Virginia, and Maryland. Those bankers said they had never seen anything like it. Additionally, hundreds of billions of dollars were paid to Iran. If I had not terminated that 'agreement,' nuclear weapons would have already been used to attack Israel and throughout the Middle East, including our cherished U.S. military bases. If an agreement is reached during the 'Trump' administration, it will guarantee peace, security, and safety, not only for Israel and the Middle East but also for Europe, the United States, and everywhere else. This will be something the whole world can be proud of, rather than the years of embarrassment and humiliation we have been forced to endure due to incompetent and weak leadership.

[Trump: New Agreement with Iran Will Be Much Better than the Nuclear Deal]On April 21, Trump stated that the agreement we are reaching with Iran will be far better than the Joint Comprehensive Plan of Action (JCPOA), which was drafted by Barack Hussein Obama and Sleepy Joe Biden, and is one of the worst agreements in the history of our national security. It is a guaranteed pathway to nuclear weapons — and the agreement we are discussing will not, and cannot, allow for such a situation. They (the previous administration) even loaded $1.7 billion in cash onto a Boeing 757 and sent it to Iran, allowing the Iranian leadership to spend it as they pleased. They cleared out all the cash from banks in Washington D.C., Virginia, and Maryland. Those bankers said they had never seen anything like it. Additionally, hundreds of billions of dollars were paid to Iran. If I had not terminated that 'agreement,' nuclear weapons would have already been used to attack Israel and throughout the Middle East, including our cherished U.S. military bases. If an agreement is reached during the 'Trump' administration, it will guarantee peace, security, and safety, not only for Israel and the Middle East but also for Europe, the United States, and everywhere else. This will be something the whole world can be proud of, rather than the years of embarrassment and humiliation we have been forced to endure due to incompetent and weak leadership.

Trump: New Agreement with Iran Will Be Much Better than the Nuclear Deal

On April 21, the U.S. Senate Banking Committee will hold a confirmation hearing for Walsh at 10 AM ET (10 PM Beijing time) on Tuesday. Forex analyst Adam Button noted that since his nomination, Walsh has been particularly low-key, indicating that tomorrow will be the first real opportunity for the public to understand his stance. The market is already familiar with Walsh from before his nomination, and his background sounds hawkish. His dovish inclination lies in his belief that productivity is about to soar, suggesting that interest rates should be lowered, which aligns perfectly with Trump's wishes. Senators will take note of this, and he will face questioning. Reports from Politico indicate that he will at least go through the motions. I am unsure if anyone will believe what he is about to say, but once Trump abandons the investigation into Powell, his confirmation is essentially a done deal. Tomorrow is a hearing, not a vote. What concerns me is that his testimony has leaked to Politico, which is already poor conduct for a position that requires strict information control. The only question that truly matters for the currency market and interest rates is: independence. Will Walsh defend it, avoid it, or be obedient? How tough will he appear? Can he convince others without saying something that would lead Trump to withdraw his nomination? Given all the dramatic events surrounding Iran, this hearing may not attract as much attention as usual.

[Controversy Arises Over Walsh's Leaked Testimony, Analyst: Poor Conduct for a Role Requiring Strict Information Control]On April 21, the U.S. Senate Banking Committee will hold a confirmation hearing for Walsh at 10 AM ET (10 PM Beijing time) on Tuesday. Forex analyst Adam Button noted that since his nomination, Walsh has been particularly low-key, indicating that tomorrow will be the first real opportunity for the public to understand his stance. The market is already familiar with Walsh from before his nomination, and his background sounds hawkish. His dovish inclination lies in his belief that productivity is about to soar, suggesting that interest rates should be lowered, which aligns perfectly with Trump's wishes. Senators will take note of this, and he will face questioning. Reports from Politico indicate that he will at least go through the motions. I am unsure if anyone will believe what he is about to say, but once Trump abandons the investigation into Powell, his confirmation is essentially a done deal. Tomorrow is a hearing, not a vote. What concerns me is that his testimony has leaked to Politico, which is already poor conduct for a position that requires strict information control. The only question that truly matters for the currency market and interest rates is: independence. Will Walsh defend it, avoid it, or be obedient? How tough will he appear? Can he convince others without saying something that would lead Trump to withdraw his nomination? Given all the dramatic events surrounding Iran, this hearing may not attract as much attention as usual.

Controversy Arises Over Walsh's Leaked Testimony, Analyst: Poor Conduct for a Role Requiring Strict Information Control

Bitcoin investors are becoming more bearish as the fear and greed index drops from 65 to 48. The recent drop in Bitcoin's price rally to $30,000 is attributed to macro factors and a lack of clarity on rate hike possibilities from US Fed Chair Jerome Powell.

[Bitcoin Investor Sentiment Declines As Price Rally Weakens and Rate Hike Uncertainty Looms]Bitcoin investors are becoming more bearish as the fear and greed index drops from 65 to 48. The recent drop in Bitcoin's price rally to $30,000 is attributed to macro factors and a lack of clarity on rate hike possibilities from US Fed Chair Jerome Powell.

Bitcoin Investor Sentiment Declines As Price Rally Weakens and Rate Hike Uncertainty Looms

Bitcoin Created By The CIA? Chinese Professor Jiang Xueqin Makes Bold Claim

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Conversation with Bitwise Advisor: From K-Shaped Economy to AI Taking Jobs, How Can Bitcoin Save the Younger Generation?

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BTC fell below 74000  USDT

Bitcoin Investor Sentiment Declines As Price Rally Weakens and Rate Hike Uncertainty Looms

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