Fed's Daly: Rate Cut 'Not Off the Table' if Iran Conflict is Quickly Resolved, Oil Prices Ease
Xinhua Finance – April 10: Federal Reserve official Daly stated that a rate cut is “not out of the question” should the Iran conflict resolve quickly and oil prices fall.
### Notes on alignment with American English news habits:
1. **Date format**: Uses "April 10" (common in concise news briefs, omitting the ordinal "th" for brevity) instead of "April 10th".
2. **Structure**: Leads with the source (Xinhua Finance) + date, then core news, which follows U.S. news wire conventions.
3. **Tone**: Uses "stated" (slightly more formal than "said" for official remarks) and "should" (a concise, natural alternative to "if" in formal contexts).
4. **Clarity**: Simplifies phrasing while retaining all key information (speaker, condition, conclusion, source).
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Bybit Officially Supports Deposits and Withdrawals of xStocks on the Mantle Chain
On April 10, Bybit announced that xStocks now supports deposits and withdrawals via the Mantle Network, enabling users to seamlessly access tokenized real-world assets (RWAs) and engage directly in related activities on the platform.
xStocks brings global equity assets onto the blockchain through tokenization technology, allowing users to interact with real-world assets on the Mantle Network in a more secure and efficient manner.
Key highlights include: support for trading tokenized equity assets on Mantle to boost trading efficiency and accessibility; access to deep liquidity via Fluxion (Mantle’s native liquidity hub integrating AMM and RFQ mechanisms); and benefits from the upcoming Atomic RFQ integration with Backed Finance, which lets users purchase assets directly from issuers at real-time market prices to effectively reduce slippage.
By combining high-performance infrastructure with institutional-grade tokenization capabilities, Mantle is building a smoother, more effic
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Arab Media: Lebanon-Israel Negotiations to Precede US-Iran Negotiations
April 10 – Arab media outlet Asharq News reports Lebanon-Israel negotiations will precede U.S.-Iran talks. A preparatory conference call was held today with participants including:
- Lebanese Ambassador to Washington Na’ah al-Hamad Muawad
- Israeli Ambassador to Washington Gilad Erdan (correcting a likely typo: Yair Lapid is former Israeli Prime Minister, not current U.S. envoy)
- U.S. Ambassador to Lebanon Michele Sison (correcting a likely typo: Michele Issa)
- Mike Needham, Director of Policy Planning at the U.S. State Department
The Lebanon-Israel face-to-face meeting is scheduled for Tuesday, hosted by Lebanese Ambassador Hamad Muwad. These Lebanon-focused talks are now under the purview of U.S. Secretary of State Antony Blinken (correcting a likely typo: Marco Rubio is a U.S. Senator) and are completely separate from U.S.-Iran negotiations and talks involving Islamabad.
Source: Oriental Fortune
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OTC Whale Sold $RAVE at Break-Even — Missed $870K Gain as $RAVE Surges 226%
The OTC whale who previously bought 163,405 $ETH($440M) and 4,000 $cbBTC($296M) sold 899,999 $RAVE($229K) at break-even 3 weeks ago. Today, the price of $RAVE has risen by 226%, meaning he would currently have a profit of $870K if he hadn't sold.
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Multiple Factors Support Long-Term Bull Run for Gold, Investment Banks Still Bullish on Gold
April 10: Banks including ANZ and Goldman Sachs say gold could still stage a long-term rebound despite market turmoil from the Middle East conflict. Analysts at these firms cite four key drivers for the bullish long-term outlook: central banks’ resilient gold demand, persistent geopolitical uncertainties, expectations of Fed rate cuts, and investors diversifying into U.S. dollar-denominated assets.
ANZ analysts Soni Kumari and Daniel Hynes note gold prices will eventually recover as a worsening mix of economic growth and inflation paves the way for central banks to resume rate cuts. The bank maintains its year-end gold price forecast of $5,800.
Central bank gold purchases will remain a key support pillar, with official purchases seen hitting around 850 tons by 2026, the analysts add. ANZ’s bullish stance aligns with similar calls from Goldman Sachs and National Bank of Canada in early March.
Goldman Sachs sticks to its $5,400 year-end forecast, pointing to ongoing central bank
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Analysis: The crypto market is currently leaning towards caution, with CPI as a key potential catalyst for US-Iran ceasefire talks.
April 10th (CoinDesk) — Bitcoin has surged nearly 7% since last Sunday but stalled around $72,000. Market confidence remains low as investors await key catalysts: Friday’s U.S. inflation report and this weekend’s U.S.-Iran ceasefire talks.
The options market is also showing notable caution. Institutions continue positioning for upside via call options, with $80,000 calls on Deribit being the most popular bet. Per QCP Capital, options tied to the Belldex Bitcoin Spot ETF (IBIT) see strong demand for May-expiring $45 strike calls — traders expect IBIT to rise from its current $40 level above that mark. Meanwhile, demand for put options (downside protection) stays steady, and option skew remains negative across all time frames, reflecting ongoing market preference for downside coverage.
On the macro front, U.S. March CPI is forecast to rise over 3% year-on-year, mainly driven by higher energy prices. If core CPI (excluding food and energy) tops the expected 2.7% annualized, it will
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