JPMorgan Chase Invests in Ethereum's Largest Treasury Management Firm Bitmine, Holding Position Worth $102 Million

Al Jazeera reported April 1 that Iran’s Islamic Revolutionary Guard Corps (IRGC) stated it has firm control over the situation in the Strait of Hormuz and will not engage with the country’s enemies amid what it labeled the U.S. president’s “ridiculous performance.” Earlier, former President Trump claimed the Iranian president had requested a ceasefire, adding he would consider the request once the Strait of Hormuz is fully reopened, free, and clear.

April 1 – Former U.S. President Donald Trump claimed earlier today that the "new president of Iran’s regime has just requested a ceasefire from the United States." Analysts note that Pezheshkiyan served as Iran’s president prior to the current conflict and remains the incumbent. A key question lingers: Has he actually wielded power, either in the past or now? Iran’s presidency is largely symbolic, overseeing civilian government affairs—all policies require approval from the Supreme Leader and the Islamic Revolutionary Guard Corps (IRGC). Recent signs point to growing rifts between the president and the IRGC. Trump’s apparent strategy is to exploit this division: He’s signaling peace to the Iranian people via the president while framing the IRGC as an obstacle to negotiations. This could spark internal unrest, ultimately leading to regime change or at minimum, an unstable situation.

April 1: JPMorgan cuts S&P 500 target to 7200 from 7500, citing heightened economic downturn risk.

April 1 – U.S. President Donald Trump stated Wednesday: - The U.S. will soon withdraw from Iran but will not release a timetable. - Iran will neither possess nor seek nuclear weapons; the U.S. is not concerned about nuclear materials (to be monitored via satellite). - He will express dissatisfaction with NATO in tomorrow’s speech, and the U.S. is indeed seriously considering exiting the alliance.

On April 1st, “Brother Ma” Huang Licheng disclosed in a post on X that he had paid $1,941,502.64 in gas fees using the HyperLiquid platform. Per HyperInsight analytics, “Brother Ma” currently holds a 25x leveraged long position worth $15.64 million on Ethereum, with roughly $19 million in total account losses.

Per official announcement, OKX will list the EDGEUSDT perpetual contract for trading on its web platform, mobile app, and API at 9:30 PM UTC+8 on April 1, 2026. ### Note on U.S. language habits: - Used "9:30 PM" (more conversational than 21:30 for U.S. audiences) - Kept date format as "April 1, 2026" (common U.S. date style) - Simplified "according to the official announcement" to "per official announcement" (concise, fits news briefs) - Added "for trading" to clarify the action (aligns with U.S. crypto industry terminology) - Used "mobile app" instead of just "app" for clarity (common in U.S. tech/crypto communications)