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On April 12, Garrett Jin, the agent for 'BTC OG Insider Whale', stated that the ceasefire is a poisoned pill wrapped in sugar. Why does the ceasefire make us more bearish rather than more optimistic? The market is trading on the logic that a brief ceasefire will evolve into lasting peace. However, we believe the probability of this is less than 10%. The basis for this is that Iran's proposed conditions are incompatible with the demands of the United States, no ceasefire terms have been implemented within 24 hours, and historically, there has never been a precedent for resolving conflicts of this scale in just two weeks of pause. The actual probability may be even lower than 10%.

[Agent of 'BTC OG Insider Whale': Ceasefire Makes Us More Bearish, No Precedent for Conflict Resolution in Two Weeks]On April 12, Garrett Jin, the agent for 'BTC OG Insider Whale', stated that the ceasefire is a poisoned pill wrapped in sugar. Why does the ceasefire make us more bearish rather than more optimistic? The market is trading on the logic that a brief ceasefire will evolve into lasting peace. However, we believe the probability of this is less than 10%. The basis for this is that Iran's proposed conditions are incompatible with the demands of the United States, no ceasefire terms have been implemented within 24 hours, and historically, there has never been a precedent for resolving conflicts of this scale in just two weeks of pause. The actual probability may be even lower than 10%.

Agent of 'BTC OG Insider Whale': Ceasefire Makes Us More Bearish, No Precedent for Conflict Resolution in Two Weeks

On April 12, according to the Pakistani government, Iranian Parliament Speaker Ghalibaf led the Iranian negotiation delegation to depart Pakistan by plane on the evening of the 12th. Earlier reports indicated that the US delegation had no members remaining in Pakistan. US President Trump's envoy, Wietkoff, Trump's son-in-law Kushner, and the US technical team have all left the capital Islamabad. US Vice President Pence arrived at Ramstein Air Base in Germany before 7 AM Eastern Time on the 12th.

[US-Iran Negotiation Delegations Leave Pakistan, Peace Talks Show Little Hope]On April 12, according to the Pakistani government, Iranian Parliament Speaker Ghalibaf led the Iranian negotiation delegation to depart Pakistan by plane on the evening of the 12th. Earlier reports indicated that the US delegation had no members remaining in Pakistan. US President Trump's envoy, Wietkoff, Trump's son-in-law Kushner, and the US technical team have all left the capital Islamabad. US Vice President Pence arrived at Ramstein Air Base in Germany before 7 AM Eastern Time on the 12th.

US-Iran Negotiation Delegations Leave Pakistan, Peace Talks Show Little Hope

On April 12, Trump posted a statement reiterating that Iran's possession of nuclear weapons is a red line: I have received comprehensive reports from Vice President Pence, Special Envoy Hook, and Kushner regarding the Islamabad meeting. The discussions with Iran began early in the morning and lasted until late at night—nearly 20 hours. I could elaborate on the content of the meetings and discuss the many achievements we made, but one thing is crucial—Iran is unwilling to abandon its nuclear ambitions! In many ways, the consensus we reached is better than continuing military action until the end, but all of this seems trivial compared to having nuclear energy in the hands of such unpredictable and elusive individuals. The rest is irrelevant because they remain uncompromising on the most important issue. As I have said from the very beginning, and as I stated many years ago, Iran will never have nuclear weapons!

[Trump Reiterates That Iran's Nuclear Ambitions Are a Red Line]On April 12, Trump posted a statement reiterating that Iran's possession of nuclear weapons is a red line: I have received comprehensive reports from Vice President Pence, Special Envoy Hook, and Kushner regarding the Islamabad meeting. The discussions with Iran began early in the morning and lasted until late at night—nearly 20 hours. I could elaborate on the content of the meetings and discuss the many achievements we made, but one thing is crucial—Iran is unwilling to abandon its nuclear ambitions! In many ways, the consensus we reached is better than continuing military action until the end, but all of this seems trivial compared to having nuclear energy in the hands of such unpredictable and elusive individuals. The rest is irrelevant because they remain uncompromising on the most important issue. As I have said from the very beginning, and as I stated many years ago, Iran will never have nuclear weapons!

Trump Reiterates That Iran's Nuclear Ambitions Are a Red Line

On April 12, U.S. President Trump issued a new threat against Iran, stating, 'At the right time, we will be fully 'prepared,' and our military will eliminate the remaining forces of Iran.' (Xinhua News Agency)

[Trump Threatens to 'Eliminate Remaining Forces of Iran']On April 12, U.S. President Trump issued a new threat against Iran, stating, 'At the right time, we will be fully 'prepared,' and our military will eliminate the remaining forces of Iran.' (Xinhua News Agency)

Trump Threatens to 'Eliminate Remaining Forces of Iran'

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

According to CoinDesk, the Swiss financial regulator is extending money-laundering checks for crypto transactions despite significant pushback from the country’s users.
A threshold of 1,000 Swiss francs ($1,000) over which customers will have to prove their identity will now apply to all linked transactions over a month, when crypto is swapped for cash or another anonymous form of money.
“Virtual currencies are often used as a payment instrument for illicit trade, notably in drug trafficking, on the darknet, or for the payment of ransoms after cyberattacks,” a report issued by the Financial Market Supervisory Authority (Finma) said. “The risk of money laundering in the domain of virtual currency is reinforced by potential anonymity and by the speed and cross-border nature of transactions.”

Detail

【Switzerland sticks to tougher ID checks for crypto to cash transactions】According to CoinDesk, the Swiss financial regulator is extending money-laundering checks for crypto transactions despite significant pushback from the country’s users.
A threshold of 1,000 Swiss francs ($1,000) over which customers will have to prove their identity will now apply to all linked transactions over a month, when crypto is swapped for cash or another anonymous form of money.
“Virtual currencies are often used as a payment instrument for illicit trade, notably in drug trafficking, on the darknet, or for the payment of ransoms after cyberattacks,” a report issued by the Financial Market Supervisory Authority (Finma) said. “The risk of money laundering in the domain of virtual currency is reinforced by potential anonymity and by the speed and cross-border nature of transactions.”

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Switzerland sticks to tougher ID checks for crypto to cash transactions

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