Net Outflow of 6198.60 Bitcoin on CEX in the Last 24 Hours

May 10th. According to AFP on the 10th, a senior Indian government official said that India and Pakistan's ceasefire "was attained through direct conversations between the two countries." Previously, U.S. President Trump stated that this agreement was reached through negotiations mediated by Washington. The official informed AFP, "The cessation of firing and military operations between India and Pakistan was achieved through direct negotiations between the two countries." (Finance X)

May 10th - California Governor Gavin Newsom recently shared a video on social media, in which he criticized the U.S. federal government. He pointed out that the current U.S. tariff policy "may cause the U.S. to lose its status as the world's largest economy." In the video, he expressed that the U.S. government's tariff policy is hindering U.S. imports and directly affecting people's daily lives. "In a few months, people will be lacking in school backpacks and Christmas toys. Tariffs will add more burdens to American families." Newsom stated that as the strongest state in terms of the U.S. economy, California holds a crucial position in the global economy precisely because California is dedicated to "reducing trade barriers and providing high-quality services to American consumers." However, the current tariff policy is undermining all of this, resulting in price increases and port congestion. (Financial News)

On May 10th, Nick Tomaino, the founder of 1confirmation, posted on X and said, "Ethereum will surpass Bitcoin (ETH will surpass BTC). Bitcoin is the first cryptocurrency created by the people and for the people. Driven by the grassroots spirit and a bottom-up belief, it has grown from nothing to an asset with a market capitalization exceeding 2 trillion dollars. The concept of a store of value based on trust in mathematics rather than trust in people has changed the world. But today, Bitcoin has become the preferred institutional asset of big companies and governments. One entity holds more than 2.5% of Bitcoin. There are no practical applications built on Bitcoin to attract newcomers. In addition to a store of value, Bitcoin lacks other use cases to expand the market. Ethereum is a trust-neutral, internet-native store of value asset that powers a development platform including stablecoins, decentralized finance (DeFi), NFTs, prediction markets, decentralized social, decentralized iden

On May 10th, Pakistan and India have reached an immediate ceasefire agreement. The Foreign Minister of Pakistan declared that Pakistan is constantly committed to the peace and security of the region, without sacrificing sovereignty and territorial integrity. This is not a partial ceasefire but a comprehensive ceasefire accord between the two countries. The military channels and hotlines between India and Pakistan have been activated. The Pakistan Civil Aviation Authority announced that the Pakistani airspace has been fully reopened for all flights. The Indian Ministry of External Affairs stated that the Indo-Pak ceasefire will commence at 17:00 Indian Standard Time on Saturday. The Pakistani Director General of Military Operations made a call in the afternoon on Saturday; both sides agreed to halt all firing. The Director Generals of Military Operations of India and Pakistan will hold another meeting on May 12th. (FXStreet)

On May 10th, the on-chain virtual human MIRAI declared that any funds transferred by users after the block height of "339081946" will be fully reimbursed. The team will soon provide details regarding the refunds for any presale donations made prior to that block. According to on-chain data, Mirai's presale address has received 76,423.42 SOL, which is approximately equivalent to 12.95 million US dollars. Mirai is jointly launched by Aww Inc. and Holoworld AI. Aww Inc. is a company that integrates virtual humans with artificial intelligence to tap into human potential through the power of virtuality. Its virtual idol imma enjoys great popularity in Japan.

On May 10th, the high-level economic and trade consultations between China and the US were held in Geneva, Switzerland. BlockInfo learned that after lunch, the high-level economic and trade consultations between China and the US continued. (BlockInfo)