Iran: Hormuz Strait Will Not Reopen, No Negotiations Held

**April 1st (CoinDesk) — Bitcoin has hovered around $70,000 since early February, far below its $126,000 peak in the 2023-2025 bull market, CoinDesk analyst Omkar Godbole noted Wednesday.** That $70,000 level marks the 2019-2022 cycle’s all-time high—a rare sign the current bear market has pulled back to the prior cycle’s peak. Bitcoin never fell to its prior cycle’s peak during the 2014 and 2018 bear markets. The only exception was 2022, when prices dropped below the 2017 peak of $20,000—analysts blamed that on crypto scams and widespread deleveraging then. What makes this retracement unique? No extreme catalysts—just the natural fade of the bear cycle. New bull cycles no longer see parabolic surges, making it harder for prices to blow past prior highs (old peaks aren’t untouchable anymore). This is classic diminishing returns: the higher Bitcoin’s price climbs, the more capital it takes to push it higher. The era of small inflows triggering sharp spikes is largely over, l

April 1 – Brent crude oil saw sharp volatility on Monday, spurred by macro developments, per HyperInsight monitoring (https://t.me/HyperInsight). A whale wallet starting with 0x965 repeatedly flipped between chasing rallies and selling dips amid intense market action. Within three hours, the address was forced to liquidate both long and short positions in quick succession, with total liquidations exceeding $9.6 million. First, when news of troop withdrawals broke and oil prices plummeted, the address’s $4.61 million Brent Oil long position was liquidated first, resulting in an approximate $148,000 loss. Subsequently, the wallet quickly flipped to open a $4.91 million short position. After Brent fell below $100 before staging a sharp rebound, this short position was fully liquidated within the last 30 minutes, leading to an estimated $137,000 loss. Currently, the address has reopened a 20x-leveraged Brent Oil short position worth $3.91 million, with an average entry price of $1

April 1 — Huobi HTX launched EDGE/USDT perpetual contracts (max leverage: 10x) today, and kicked off a weeklong EDGE contract trading event running from 13:00 UTC+8 on April 1 to 13:00 UTC+8 on April 8. The total prize pool for the event is up to $10,000. To qualify for the prize pool split: Users who register and trade EDGE/USDT contracts with a total trading volume of at least $10,000 will be ranked by volume and share the pool. New users trading EDGE/USDT contracts will also receive exclusive perks.

On April 1st, data from 8Market shows Bitcoin’s current market cap stands at $1.368 trillion—trailing Tesla’s $1.394 trillion and dropping to 14th place among global mainstream assets.

**Websea Beta Insurance Pool Hits 100th Airdrop Release Milestone on April 1** Since its launch, Websea’s Beta Insurance Pool has completed 100 consecutive airdrop releases in just 50 days—validating the pool’s efficient capital circulation and driving widespread user participation. As a key part of Websea’s dual insurance pool system (paired with the Alpha Pool), the Beta Pool uses a **Staggered Airdrop Claim Round Adjustment Mechanism** to dynamically match airdrop timelines to the number of active nodes. This design has boosted capital turnover in the insurance system and better supports risk management for high-frequency traders. Over 100 operating periods, the Beta Pool’s airdrops have correlated positively with user engagement: transaction volumes have grown, capital utilization has improved, and the system’s risk capacity has expanded dynamically. With this latest release, Websea’s dual pools (Alpha + Beta) have entered a coordinated operation phase. The parallel str

On April 1st, per the UK’s *The Daily Telegraph*, former President Trump said he’s seriously weighing U.S. withdrawal from NATO after the alliance declined to join his proposed conflict with Iran. He labeled NATO a “paper tiger” and claimed U.S. exit from the alliance is “no longer necessary to consider.” This marks the strongest signal yet that the White House no longer views Europe as a reliable defense partner—after allies rejected his request to deploy warships to reactivate operations in the Strait of Hormuz. Asked if he’d rethink U.S. NATO membership after the conflict ends, Trump responded: “I’d say that’s no longer necessary to consider. I’ve never been convinced by NATO—always knew they’re a paper tiger, and Putin knows that too, by the way.” He added: “We’ve been on autopilot this whole time, including with Ukraine. Ukraine isn’t our problem. This was a test: we supported them there, but they didn’t support us.” (FX Street)