Valinor, a private credit startup founded by former Blackstone employees, has successfully raised $25 million in seed funding. According to Foresight News, the funding round was led by Castle Island Ventures, with participation from Susquehanna's crypto division, Maven11, and TeraWulf's founder. Valinor was established by Connor Dougherty and Lily Yarborough with the aim of utilizing blockchain smart contract technology to replace traditional manual verification processes in the private credit sector, thereby improving loan efficiency. The newly acquired funds will be used to expand Valinor's loan business and increase recruitment efforts.

An analyst has disclosed that he has liquidated all his holdings and transitioned entirely to cash, citing concerns over a potential crash in U.S. markets. According to NS3.AI, the analyst pointed out that the charts for the S&P 500 and Nasdaq indicate a disruption in the previous upward trend, suggesting a possible downturn.

Goldman Sachs has indicated that a robust recovery in U.S. stocks could occur if military tensions subside, following a period where hedge funds have reduced their global equity exposure for six consecutive weeks. According to NS3.AI, the firm noted that widespread short selling has led to an oversold market condition. Additionally, pension fund rebalancing and changes in the options market may contribute to supporting a potential recovery.

American Bitcoin has announced that it currently possesses over 7,000 BTC. According to NS3.AI, the company's Bitcoin holdings have increased threefold since its Nasdaq listing, positioning it as the 16th-largest publicly traded Bitcoin holder.

Nasdaq is set to introduce a series of new rules aimed at expediting the inclusion process for newly listed large companies into the Nasdaq 100 Index. According to Jin10, this move is designed to reduce the waiting time for companies to enter this flagship stock index. With high-valuation tech companies like SpaceX and OpenAI preparing for public listings, the exchange operator is seeking to accelerate the IPO process. Lilia, head of Nasdaq Global Index Solutions, stated that Nasdaq is considering rule adjustments to ensure that newly listed large companies and those transferring boards do not have to wait a year or more to be included in the Nasdaq 100 Index. Nasdaq announced that the new rules, including a 'fast-track inclusion' mechanism, will take effect on May 1, although most adjustments are expected to impact index components by June.

U.S. President Donald Trump has issued a stern warning to Iran, threatening to dismantle its energy infrastructure if a resolution is not reached to end the ongoing conflict. Bloomberg posted on X, highlighting that despite the aggressive stance, Trump described the ongoing negotiations as productive. The situation remains tense as both sides continue to engage in discussions aimed at resolving the conflict.

Key TakeawaysSenate Banking Committee may hold hearing for Kevin Warsh as soon as week of April 13.Jerome Powell term ends May 15, with transition timeline coming into focus.Warsh has signaled support for policy “regime change”, including rate strategy.Nomination faces opposition from Elizabeth Warren and other lawmakers.Fed Leadership Transition Enters Key PhaseThe U.S. Senate Banking Committee is expected to hold a confirmation hearing for Federal Reserve chair nominee Kevin Warsh as early as the week of April 13, according to reports citing sources familiar with the matter.The timeline remains fluid, pending completion of Warsh’s required filings. However, a mid-April hearing would set a clearer path toward confirmation ahead of the expiration of Jerome Powell’s term on May 15.Powell has indicated he will remain in position until a successor is confirmed.Warsh Signals Shift in Fed Policy ApproachWarsh, a former Federal Reserve governor who served from 2006 to 2011, is expected to advocate for significant changes in monetary policy.He has publicly criticized the Fed’s handling of inflation and rate policy, suggesting a need for a “regime change” in how interest rates and balance sheet management are conducted.His stance indicates a potentially more proactive or restructured approach to monetary policy, which could have implications for interest rates, liquidity conditions, and risk assets including Bitcoin.Political Resistance Builds Around NominationThe nomination is facing resistance from multiple lawmakers.Elizabeth Warren has criticized Warsh’s record, particularly his role during the 2008 financial crisis, and raised concerns over his ties to Wall Street.Separately, Senator Thom Tillis has indicated he may oppose Fed nominations until a Department of Justice investigation into Powell is resolved. The probe relates to costs associated with Federal Reserve building renovations.These developments could complicate or delay the confirmation process.Market Implications: Policy Uncertainty AheadThe potential leadership change comes at a critical time for markets, with investors closely monitoring the Federal Reserve’s stance on inflation, interest rates, and economic growth.A shift in leadership—and potentially in policy direction—could influence expectations around rate cuts or hikes, directly impacting liquidity conditions.For crypto markets, Fed policy remains a key driver. A more hawkish or uncertain policy outlook could pressure risk assets, while clarity on easing or structural changes could support sentiment.

Spain has taken a significant step in distancing itself from the ongoing military operations in Iran by closing its airspace to American flights involved in the conflict. Bloomberg posted on X, highlighting Spain's decision as part of a broader effort to avoid entanglement in the situation. This move reflects Spain's stance on maintaining neutrality and minimizing involvement in the escalating tensions surrounding the military activities in Iran. The closure of airspace is seen as a strategic measure to ensure Spain's non-participation in the conflict, aligning with its foreign policy objectives.

Key TakeawaysEthereum could fall 40% to $1,200 if key support near $1,990 breaks.Repeated “bull trap” patterns previously led to 45%–48% declines.Spot Ethereum ETFs saw ~$300M outflows, signaling weak institutional demand.Whale accumulation remains muted, pointing to continued distribution.Ethereum Price Signals Bearish Breakdown RiskEthereum is showing signs of a potential trend reversal, with analysts warning of a possible drop toward $1,200 in the coming weeks.The current setup mirrors prior “bull trap” patterns where price briefly turned bullish before sharply reversing. In both October 2025 and January 2026, similar signals led to declines of 45% and 48%, raising concerns that history may repeat.The critical level to watch is around $1,990. According to market analysis, this zone has acted as key support following recent attempts to recover. A breakdown below this level could open the path toward the $1,200 range, aligning with a broader bearish continuation structure.Technical Indicators Point to Weak MomentumEthereum’s current structure is based on a Supertrend indicator, a widely used trend-following tool that identifies directional bias.Recent price action shows Ethereum briefly reclaiming bullish territory before failing to sustain momentum—similar to previous failed breakouts. In those instances, once price lost support from the trend indicator, downside accelerated rapidly.In addition, Ethereum has already declined more than 17% from its recent monthly high, suggesting that upward momentum has weakened.ETF Outflows Signal Declining Institutional DemandInstitutional flows are also pointing to caution.Spot Ethereum ETFs have recorded approximately $300 million in net outflows over recent weeks, indicating reduced demand from large investors. This contrasts with earlier phases of the cycle, where ETF inflows helped support price stability.The outflows suggest that institutional participants are either reducing exposure or waiting for clearer market conditions before re-entering.Whale Activity Shows Ongoing DistributionOn-chain data further reinforces the bearish outlook.Large Ethereum holders—wallets holding between 1,000 and 10,000 ETH—have not resumed strong accumulation. Their balances remain below late-2025 highs, with recent changes hovering around neutral to slightly negative levels.Similarly, mid-sized “shark” wallets holding 100 to 1,000 ETH continue to show subdued activity, indicating a lack of broad-based buying across key investor groups.Mega-whale wallets holding over 10,000 ETH have also flattened, suggesting that even the largest participants are not aggressively accumulating at current levels.Macro Headwinds Continue to Pressure Crypto MarketsThe broader macro environment remains a key driver of Ethereum’s price action.Geopolitical tensions in the Middle East, rising oil prices, and increasing recession risks have weakened global risk appetite. At the same time, bond markets are pricing in a prolonged period of higher interest rates, with expectations for Federal Reserve rate cuts pushed further into the future.These factors have historically weighed on crypto markets, which remain sensitive to liquidity conditions and investor sentiment.Mixed Signals: Staking Growth vs Weak DemandDespite the bearish indicators, some supportive factors remain.Ethereum staking continues to grow, reducing circulating supply, while exchange balances have dropped to multi-year lows. These trends typically indicate long-term confidence in the asset.However, apparent demand has fallen to its lowest level in 16 months, offsetting these positive signals and highlighting weak short-term interest.Key Levels to Watch for EthereumEthereum’s near-term direction will largely depend on whether it can hold above the $1,990 support level.Above $1,990: Potential stabilization and range-bound tradingBelow $1,990: Increased probability of a move toward $1,200Macro stabilization + inflows return: Could invalidate bearish setupUntil stronger demand returns, Ethereum appears vulnerable to further downside, with market structure currently defined by distribution, weak inflows, and macro-driven pressure.

Germany's harmonized consumer price index (CPI) for March recorded a preliminary monthly increase of 1.2%, aligning with market expectations, according to Jin10. This figure follows a previous month's rate of 0.40%, indicating a significant rise in consumer prices. The harmonized CPI is a key indicator used to measure inflation and assess price stability within the European Union. The data suggests that inflationary pressures in Germany are consistent with forecasts, reflecting broader economic trends in the region.

China's AI industry is shifting from price wars to competition over model quality. In intelligent agent scenarios, "task completion rate" is a more reliable indicator of customer retention than "token price".

This article will take a professional perspective to systematically review the evolution and mainstream path of RWA in Hong Kong, analyze the tax implications and regulatory logic, and examine the compliance risks behind the financing benefits of RWA.

On March 23, the "Hong Kong-Korea Web3 Policy Promotion Alliance" was officially established.

The odds of a presidential pardon for Sam Bankman-Fried have slipped deeper into single digits after a high-profile CNN interview featuring his parents reignited controversy around the FTX collapse — and may have done more harm than good.

Binance and OKX's biggest enemies have never been each other; they may even be partners with shared interests.

Ripple CEO Brad Garlinghouse said stablecoins are gaining attention from big businesses as a way to reduce costs and improve efficiency. He also highlighted that new regulations and Ripple’s growing infrastructure could help companies adopt stablecoins more confidently.

The billing logic of AI tokens is essentially enterprise pricing; the billing logic of public chain tokens is essentially closer to joint pricing by the protocol and the market.

A trader on Polymarket pulled off a near-100x return, jumping on the right opportunity to turn his $676 investment into a $67,000 grand prize after exploiting a live broadcast mistake during a UFC heavyweight tournament.

Trump: "To be honest, one of my favorite things to do is take oil from Iran, but some stupid people in the United States say, 'Why do you do that?' But they are stupid people."

The White House released a new app that collects users’ location, personal data, and device information. Security experts warn the app could track phones every few minutes and may have weak protections, raising privacy concerns.