Shipowners are increasingly seeking insurance coverage to transit the Strait of Hormuz following the recent ceasefire between the United States and Iran. Bloomberg posted on X, highlighting that broker McGill and Partners reported a surge in 'huge volume requests' for insurance. The strategic waterway, crucial for global oil shipments, has been a focal point of geopolitical tensions. The ceasefire has prompted shipowners to secure their vessels against potential risks as they navigate this critical maritime route.

U.S. President Donald Trump has dismissed Iran's 10-point proposal, deeming it inadequate. According to NS3.AI, the White House announced that the proposal did not meet the necessary criteria for consideration. This rejection highlights ongoing tensions between the two nations as they navigate complex diplomatic relations.

Iran's parliamentary speaker has announced that three critical provisions of the 10-point proposal were violated before negotiations began. According to Odaily, these violations include the failure to adhere to the ceasefire terms in Lebanon, as highlighted by Pakistan's Prime Minister, who called for an immediate and comprehensive ceasefire in all regions, including Lebanon. Additionally, an invading drone entered Iranian airspace and was destroyed in Larestan, Fars Province, breaching the prohibition against further airspace violations. Furthermore, Iran's right to uranium enrichment, outlined in the framework's sixth article, was denied. These actions have undermined the 'practical conditions' intended as the basis for negotiations, making bilateral ceasefire or talks unreasonable.

The Speaker of the Iranian Parliament issued a statement saying that three key clauses of the 10-point proposal had been violated before negotiations even began. These include: 1. Failure to comply with the clause in the 10-point proposal regarding a ceasefire in Lebanon—which the Pakistani Prime Minister explicitly mentioned and declared to be a "comprehensive ceasefire effective immediately in all places, including Lebanon and other regions"; 2. The intrusion of a drone into Iranian airspace, which was destroyed in Lar, Fars province, clearly violating the clause prohibiting any further violations of Iranian airspace; and 3. Denial of Iran's right to enrich uranium, as included in Article 6 of the framework. Now, the "workable conditions" that should have served as the basis for negotiations have been blatantly and explicitly violated, even before negotiations began. Under these circumstances, implementing a bilateral ceasefire or conducting negotiations is unreasonable. (Jin Shi)

France's Budget Minister, David Amiel, stated that despite a larger-than-expected reduction in the deficit last year, it is too early to lower the deficit target. According to Jin10, Amiel addressed the Senate Finance Committee on Wednesday, noting that the deficit decreased from 5.8% in 2024 to 5.1% in 2025, partly due to one-time factors. He highlighted significant uncertainty regarding the macroeconomic impact of the ongoing conflict involving Iran in 2026. Amiel expressed a desire to achieve better results than the 5% target outlined in budget documents, provided economic conditions allow. However, given the current uncertainty in the Middle East, the target remains unchanged. French ministers plan to update economic and fiscal forecasts when submitting the fiscal plan to the EU on April 21. Economy and Finance Minister Bruno Le Maire, speaking alongside Amiel, emphasized that it is too early to determine how the rapidly evolving conflict will affect economic activity.

White House Press Secretary Levitt announced that Iran has submitted a new, more concise proposal that could potentially serve as a basis for negotiations between the United States and Iran. According to NS3.AI, Levitt noted that Iran's initial 10-point proposal was rejected, but the revised plan may align more closely with the US's 15-point plan. Levitt emphasized that U.S. President Donald Trump's red line remains unchanged, requiring Iran to cease uranium enrichment.

The latest Federal Reserve meeting minutes reveal a growing consensus among policymakers in favor of a 'two-way' approach to future interest rate decisions. According to NS3.AI, this shift indicates a balanced consideration of both potential rate hikes and cuts, reflecting the current economic uncertainties. The minutes highlight the importance of flexibility in monetary policy to address evolving economic conditions effectively. This approach aims to ensure that the Fed can respond appropriately to changes in inflation and employment metrics, maintaining economic stability.

According to NS3.AI, the latest Federal Reserve meeting minutes reveal that several participants have postponed their judgment on the timing of interest rate cuts to a more distant future. The language used in the minutes suggests that some officials prefer to wait longer before making decisions on when to initiate rate reductions.

Nick Timiraos, the Fed's mouthpiece, stated that the Fed meeting minutes revealed that the "vast majority" of officials believed the pace of inflation easing might be slower than expected. This was primarily due to three intertwined concerns: the impact of tariffs on commodity prices could take longer to subside; the transmission effect of oil prices on core inflation; and years of inflation exceeding the target level, making inflation expectations more vulnerable to new shocks. (Jinshi)

The minutes of the Federal Reserve's March meeting revealed an increase in the number of officials who wanted to signal to the market that the next step might be a rate hike rather than further rate cuts. The minutes stated, "Some participants believed there were sufficient grounds to provide a two-way description of the Committee's future interest rate decisions in the post-meeting statement." In contrast, the January meeting minutes only mentioned "a few" participants holding this view. In the Fed's terminology, "some" refers to more people than "several." (Jinshi)

Today, the biggest threats facing DeFi are not only market conditions and liquidity, but also security, which requires more than just preventing code vulnerabilities, because spies may be lurking around us.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

You don't need more time. You need to protect your best time and use it to do things that only you can do.

Coinbase has officially contributed the x402 protocol to the Linux Foundation, making it a neutral internet standard.

The drift case exposed a legal vacuum in stablecoins: Circle had the ability to freeze funds but had no enforcement obligation, and lacked "safe harbor" legal protection when enforcing the freeze.

Ray Dalio's New Article: The World Is Entering a War Cycle (Golden Finance): We are in the midst of a world war that will not end anytime soon.

"Money Freedom" is not only a personal reflection, but also a true record of the boundaries of the times, technology, and power.

In the world of investing, sometimes the most "crazy" logic may be underpinned by the most calm calculations.

Iran’s Bitcoin mining power has collapsed by 77% over the past quarter as conflict intensifies in the region, yet the global network remains largely intact—underscoring a critical reality: Bitcoin’s hashrate is shaped more by market economics than by war.

Elon Musk has amended his lawsuit against OpenAI to seek the removal of CEO Sam Altman and President Greg Brockman and wants any damages to go to the company’s charity arm.