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11:42
Amid Middle East tensions, the first oil tanker crosses the Strait of Hormuz and arrives at Mumbai Port, India.
The crude oil loaded on the ship has begun to be unloaded and will be transported to a refinery in Mumbai. Expand
11:37
Analysis: Bitcoin Rises Against the Trend and Holds Steady Near $70,000 Amid Middle East Conflict and Stock Market Pressure
Odaily reported that, against the backdrop of escalating conflict in Iran and pressure on global stock markets, the price of bitcoin remains resilient, holding around $70,000. Despite persistent pessimism in the crypto market—recently, the Crypto Fear & Greed Index has stayed in the "Extreme Fear" zone, and the annualized funding rate for bitcoin perpetual contracts has remained negative since early March, indicating rising bearish sentiment—bitcoin's price has not seen a significant pullback. Meanwhile, Wall Street's volatility index, the CBOE Volatility Index (VIX), rose to 25 this week, its highest level in over a year. Since the escalation of Middle East tensions on February 28, bitcoin has gained about 7%, outperforming most major assets: the Nasdaq-100 Index is roughly flat, the S&P 500 has fallen about 1%, gold is down about 3%, and silver has dropped nearly 9%. In addition, BlackRock's spot bitcoin ETF, iShares Bitcoin Trust (IBIT), rose about 1% during Wednesday's US stock trading session, while major stock indices such as the Dow Jones Industrial Average generally declined, highlighting bitcoin's relative resilience in a turbulent market environment. Analysts believe that large traders and institutions are continuously accumulating bitcoin through over-the-counter transactions, which may be a key factor supporting price stability. (CoinDesk)
11:33
Odaily Evening News
1.USDC and Circle CCTP are now live on Morph, supporting standardized cross-chain USD settlement; 2.SEC Chairman: Tokenized securities are still subject to federal securities laws, and distributed ledger technology may bring multiple opportunities to the financial industry; 3.Kalshi has filed a lawsuit against the Iowa Attorney General, occultState, and the Gaming Commission; 4.Tencent responded to the founder of OpenClaw: ClawHub is always marked as the source, and hopes to become a sponsor; 5.The number of code submissions for crypto projects has dropped by 75%, with developers shifting to the AI field; 6.Tokens belonging to the TRUMP team continue to be transferred into a certain exchange, with a total value of $31.7 million deposited; 7.Prosecutors have requested to dismiss SBF's retrial application; 8.The Korea National Tax Service is starting to build a tracking system for crypto investment gains; 9.A wallet dormant for 2 years withdrew 343 BTC worth $23.85 million from an exchange within 2 hours; 10.Alameda unstaked $17 million SOL and transferred it to a bankruptcy account, still holding $321 million SOL.
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