Key TakeawaysU.S. CPI rose 0.9% MoM, largest increase since 2022.Inflation hit 3.3% YoY, fastest pace since 2024.Gasoline accounted for ~75% of the monthly increase.Core CPI (ex-food & energy) slowed to 0.2% MoM.Inflation Surges on Energy ShockLatest data from the U.S. Bureau of Labor Statistics shows a sharp acceleration in inflation for March, with headline CPI rising 0.9% month-on-month.This marks the largest monthly increase since 2022, highlighting the growing impact of energy prices on the broader economy.Gasoline Prices Drive Majority of IncreaseThe surge in inflation was overwhelmingly driven by rising fuel costs linked to geopolitical tensions.Key detail:Gasoline contributed nearly three-quarters (~75%) of the CPI increaseThe spike reflects the ripple effects of higher oil prices amid the Iran conflict, which has tightened global energy supply.Yearly Inflation Accelerates to 3.3%On a yearly basis:CPI rose 3.3% YoY, the fastest pace since 2024This suggests inflation pressures are re-accelerating after a period of relative stabilization.Core Inflation Shows Signs of CoolingDespite the headline surge, underlying inflation remains more contained:Core CPI (excluding food and energy): +0.2% MoMThis indicates that:Price pressures are still largely energy-drivenBroader inflation may not yet be fully entrenchedMarket ImplicationsThe data presents a mixed signal for markets:Bullish for rates / USD:Strong headline inflationReinforces “higher-for-longer” Fed stanceNeutral-to-positive for risk assets (conditionally):Core inflation remains controlledSuggests inflation spike may be temporary if energy stabilizesEnergy vs Core Inflation BattleThe key question going forward is whether energy-driven inflation spills into the broader economy.Markets will closely watch:Wage growth trendsCore inflation trajectoryOil price stabilityIf energy pressures persist, inflation could remain elevated. If not, the spike may prove temporary.For now, the data reinforces a macro environment of elevated uncertainty, with inflation increasingly tied to geopolitical developments.

An envoy to the Iranian leader indicated that negotiations between the United States and Iran in Islamabad could last two to three days. (Jinshi)

Market analyst Enda Curran has highlighted mixed signals in the Consumer Price Index (CPI) basket when energy factors are excluded. According to Jin10, new car prices saw a month-on-month increase of 0.1%, with new sedan prices rising by 0.3%. In contrast, prices for used cars and trucks fell by 0.4% month-on-month. Curran noted that any tariff impacts within these figures are not immediately apparent.

Economist Win Thin has observed that, in retrospect, the Consumer Price Index (CPI) data for March in most countries worldwide was slightly below expectations, with the exception of the United States. According to Jin10, many other countries are increasing fuel subsidies to alleviate the impact on consumers. However, Thin warns that this approach may lead to significant fiscal burdens, making it unsustainable in the long term.

Market analyst Carter Johnson noted that it is interesting how the bond market did not exhibit a larger reaction, given that traders were well-prepared for a hawkish rather than dovish report. According to Jin10, investors have slightly increased their bets on a Federal Reserve rate cut this year. However, the outlook for the labor market remains equally significant for Federal Reserve officials.

According to Odaily, Reuters reports that market pricing continues to bet on the Federal Reserve maintaining interest rates unchanged throughout 2026.

Gate Research Institute, in conjunction with Global HR, released the "Gate Crypto Industry Employment Development Trends White Paper," which analyzes the talent structure, job changes, and AI transformation trends in the crypto industry in Q1 2026. The report points out that as the market shifts from expansion to restructuring growth, AI is rapidly reshaping job definitions and organizational structures within the crypto industry. Talented individuals with a dual background of "AI tool skills × deep understanding of vertical industries" are becoming the most competitive core group. In terms of sector distribution, the crypto job market in Q1 2026 has formed four parallel directions: exchanges, public chains and infrastructure, stablecoins, and DeFi and derivatives. Exchange positions account for 34%, public chains and infrastructure for 28%, DeFi and derivatives for 21%, and stablecoins for 17%. In terms of job structure, technical R&D remains the most in-demand area, accounting for 39%, followed by compliance and risk control at 13%, and product and design at 12%. Overall, the industry's recruitment focus is increasingly shifting towards core engineering, security, compliance, payment products, and commercialization capabilities. Stablecoins, AI, compliance, and infrastructure remain the most certain areas of talent demand.

Key TakeawaysBitcoin stabilizes around $71K–$72K after PCE inflation meets expectations.Markets await CPI data for clearer inflation signals.Analysts say $80K remains a potential upside target.Price remains range-bound with key levels at $69K support and $73K–$76K resistance.Bitcoin Steadies as PCE Data Meets ExpectationsBitcoin traded steadily near $72,000 after the latest U.S. Personal Consumption Expenditures (PCE) data came in line with market forecasts.The data showed:Core PCE (YoY): ~3%Monthly core PCE: ~0.4%The absence of surprises helped stabilize risk assets, including crypto, while easing immediate volatility concerns.Markets Shift Focus to CPI as Key CatalystDespite the stable reaction, attention is now turning to the upcoming Consumer Price Index (CPI) release.Unlike PCE, CPI is expected to:Reflect more recent economic conditionsCapture impact of rising oil prices linked to geopolitical tensionsProvide clearer signals for Federal Reserve policy directionMarkets currently expect no rate cuts in 2026, reinforcing a “higher-for-longer” interest rate environment.Range-Bound Price Action ContinuesBitcoin remains trapped in a defined range:Support: $69,000–$68,000Resistance: $73,000–$76,000Liquidity data shows:Upside clusters concentrated above $73K–$76KDownside liquidity building near $69K and $64KThis suggests both bullish and bearish scenarios remain in play in the near term.$80K Target Still in SightDespite consolidation, some traders maintain a bullish outlook.Analysts note that if Bitcoin holds current levels:A breakout could trigger short liquidationsMomentum may push price toward $80,000The move would represent a new upward trend legMacro Context: Calm Before Potential VolatilityThe current market environment reflects:Stable inflation data (for now)Easing geopolitical concernsCompressed volatilityHowever, upcoming macro data—especially CPI—could act as a trigger for the next major move.Bitcoin is currently in a wait-and-see phase, with:Short-term: Range-bound consolidationMedium-term: Breakout potential buildingKey trigger: Inflation data and macro developmentsIf support levels hold and macro conditions remain stable, the path toward $80,000 remains open, though confirmation will depend on upcoming economic data and market positioning.

Hezbollah has declared its commitment to continue its resistance until the very end. According to NS3.AI, Walter Bloomberg reported that the pro-Iranian armed group made this statement, emphasizing their unwavering stance.

On the evening of April 10th, Pakistan time, the US delegation participating in the US-Iran negotiations departed for Islamabad, Pakistan. US Vice President Vance had already boarded the plane. Before departure, Vance stated that he looked forward to negotiations on the Iran issue and said that US President Trump had provided "quite clear guidelines" for the negotiations. (CCTV News)

No matter how advanced the large model becomes, the first principle in building an Agent will always be: let AI handle intelligence, and let code handle deterministic operations.

Why are there so many obstacles to the on-chain deployment of artificial intelligence, AI agents, and AI intelligent agents? Golden Finance: Blockchain is built for machines, but not designed for intelligent agents.

Regarding application scenarios and development directions, Yu Weiwen stated that issuers are encouraged to explore and expand applications related to the real economy, including cross-border payments, local payments, tokenized asset trading, and innovative applications.

AI is giving rise to a new type of startup: they don't need a large initial team, heavy fixed costs, or necessarily rely on multiple rounds of financing.

For Hong Kong, this round of stablecoin license issuance is not only an extension of the existing virtual asset framework, but also a key strategic move in the payment and settlement field.

Hong Kong has issued its first stablecoin issuer licences under its new regulatory regime, approving HSBC’s Hong Kong banking arm and a Standard Chartered-linked consortium led by Anchorpoint Financial.

Elon Musk’s AI firm xAI has filed a lawsuit against the state of Colorado, arguing that new regulations targeting algorithmic discrimination could restrict free speech and force its chatbot Grok to conform to state-defined standards on fairness and equity.

On April 10, 2026, the Hong Kong Monetary Authority announced that the Monetary Commissioner had granted stablecoin issuer licenses to Idle Fintech Limited and The Hongkong and Shanghai Banking Corporation Limited under the Stablecoin Ordinance to issue stablecoins in Hong Kong.

Japan has approved a bill moving cryptocurrency under financial securities law, introducing insider trading rules, stricter penalties, and annual disclosure requirements for issuers.

After a 70% drop in node count, Solana is now in a panic. According to Jinse Finance, the number of Solana nodes has decreased by 70% from its historical high.