MELANIA (Official Melania Meme) up 43.73% in the last 24 hours

Bitcoin Breaks Through $72,000: The Iran–Israel ceasefire boosts risk assets, with $427 million in short positions liquidated, but Polymarket shows disagreement on end-of-year outlook

Bitcoin broke through $72,000 on April 10, mainly due to a fragile ceasefire agreement between the U.S. and Iran that boosted market risk appetite, with funds flowing from safe-haven assets into Bitcoin. Increased institutional inflows and a rebound in Large Investors’ holdings are driving the price higher. Technical analysis shows that the main resistance lies in the $72,200 to $73,500 range. Despite a bullish outlook in the short term, there is still disagreement over forecasts for Bitcoin’s price by year-end, and the risk of a pullback also needs to be watched.

TAO (Bittensor) down 16.28% over the past 24 hours

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

The Strait of Hormuz is open! Iran demands tolls be paid in Bitcoin, and the Persian Gulf still has “big ships”

The Iranian government charges oil tankers a $1 per-barrel toll for passage through the Strait of Hormuz and requires payment in bitcoin to bypass U.S. sanctions. This move has caused extreme volatility in the cryptocurrency market, with bitcoin’s price surging, highlighting the importance of digital assets in geopolitics. Global shipping has been disrupted, Iran and the United States have taken differing positions in ceasefire talks, and financial markets have also roiled in response to this event.

Bitcoin sees over 27k options contracts expire! Analyst: Bear market characteristics continue to dominate

According to Greeks.live data, April 10 saw BTC and ETH options expire. For BTC options, the number of contracts was 27,000, the Put/Call Ratio was 0.71, and the maximum pain point was $69,000. For ETH, it was 151,000 contracts, and the Put/Call Ratio was 0.77. The analysis indicates that market characteristics are skewed bearish, and falling implied volatility suggests the market expects less short-term volatility. Despite the recent rebound, internal momentum in the market has not formed, and no clear sentiment shift has been observed.

Fed Minutes Keep Bitcoin Traders Guessing as Iran Risk Clouds the Next Four Weeks

The Federal Reserve's recent minutes revealed mixed signals on potential rate changes, influenced by inflation and geopolitical tensions. Bitcoin's price is currently around $71,000, with analysts divided on its future amid these macroeconomic pressures, relying on factors like the Iran ceasefire and inflation trends.

Liquid Capital founder Yihua Yi: Long-term bullish but must respect market cycles; currently focusing on AI transformation

Liquid Capital founder Yi Lihua analyzed the reasons the market is under pressure during an AMA, emphasizing that the long-term outlook remains bullish on ETH, but that the market cycle and volatility must be respected. He pointed out the importance of AI technology for business transformation and shared his successful experience investing in companies after they adopted AI for transformation.