Shipping industry analysts say that while Iran's foreign minister announced on Friday that the Strait of Hormuz is "fully open" for vessels using Iranian-designated routes, this does not reassure the shipping industry that shipping activity through the strait can resume. Richard Meade, editor of Lloyd's Shipping Daily, stated, "From a shipping perspective, it's certainly promising, but at the moment it doesn't give anyone enough clear information to make any decisions." The Iranian foreign minister's statement did not explicitly address whether Iran still plans to charge tolls for passing vessels. (Jinshi)

According to the latest data from Gate, gold prices rose to $4,851.67 per ounce, a daily increase of 1.27%. Silver prices rose to $81.817 per ounce, a daily increase of 4.34%. The BVIX (BTC Volatility Index) is currently quoted at 43.09, a daily decrease of 3.21%. The EVIX (ETH Volatility Index) is currently quoted at 63.71, a daily decrease of 4.68%. In the foreign exchange market, the USD/CNH exchange rate fell 0.11% to 6.81311. The USD/JPY exchange rate fell 0.51% to 158.318. In global stock indices, the Euro Stoxx 50 rose 2.21% to 6,052.32 points; the UK FTSE 100 rose 0.56% to 10,643.58 points; and the German DAX 40 rose 2.45% to 24,714.39 points. In commodities, WTI crude oil fell 8.72% to $85.21 per barrel, while Brent crude oil fell 9.05% to $90.80 per barrel. Gate allows users to directly trade traditional financial market products on its platform, providing a one-stop solution for precious metals, forex, global equity CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and Web platform, allowing users to easily participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing their diversified asset allocation experience.

U.S. stocks opened higher on April 17, with the Dow Jones Industrial Average rising 1.07%, the S&P 500 increasing 0.66%, and the Nasdaq Composite gaining 0.87%. According to Jin10, most U.S. oil and gas stocks declined, with BP dropping 6.3%, ExxonMobil falling 5.07%, and Chevron decreasing 3.7%. This follows an announcement by Iran's Foreign Minister that the Hormuz Strait will be open during the remaining time of the Lebanon-Israel ceasefire.

According to data from msx.com, at the opening of the US stock market, the Dow Jones Industrial Average rose 1.07%, the S&P 500 rose 0.66%, and the Nasdaq Composite rose 0.87%. Cryptocurrency stocks generally rose, with Circle up 0.81%, Coinbase up 1.92%, Robinhood up 4.38%, and Strategy up 4.4%. msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stocks and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

According to CME's "FedWatch": The probability of the Fed raising interest rates by 25 basis points in April is 0.5%, and the probability of keeping rates unchanged is 99.5% (both unchanged from this morning). The probability of the Fed cutting rates by a cumulative 25 basis points by June is 7.1%, the probability of keeping rates unchanged is 92.4%, and the probability of a cumulative 25 basis point rate hike is 0.5% (this morning they were 1.4%, 98%, and 0.5%, respectively). The probability of the Fed cutting rates by a cumulative 25 basis points by July is 18.1%, the probability of keeping rates unchanged is 80.6%, and the probability of a cumulative 25 basis point rate hike is 0.4% (this morning they were 9.7%, 89.7%, and 0.5%, respectively).

US President Trump: The Strait of Hormuz is fully open and ready for commercial activities and full passage, but the maritime blockade against Iran will remain fully effective until our transactions with Iran are 100% complete. US officials stated that the US military's blockade measures against Iran are still in effect. (Jinshi)

According to Coinglass data, the total liquidation amount across the network in the past hour has expanded to $200 million, including $174 million in short positions and $26.18 million in long positions. In addition, BTC liquidations reached $101 million and ETH liquidations reached $47.45 million.

On April 17, Jin10 reported that the federal funds futures prices indicate a market expectation of approximately 60% probability for a rate cut by the Federal Reserve by December. According to Jin10, this reflects the market's anticipation of potential changes in monetary policy as economic conditions evolve. The expectation is based on current pricing trends in the federal funds futures market, which serves as a gauge for investor sentiment regarding future interest rate adjustments.

The dollar has erased all its gains since the onset of the U.S.-Iran conflict, following Tehran's announcement that the Strait of Hormuz is now fully open for commercial traffic. Bloomberg posted on X that this development has reduced the demand for haven assets. The reopening of this crucial maritime passage has eased concerns over potential disruptions in global oil supply, impacting currency markets. The Strait of Hormuz is a vital corridor for oil transportation, and its accessibility is crucial for maintaining stability in energy markets. The dollar's decline reflects a shift in investor sentiment as geopolitical tensions show signs of easing.

Ethereum has surpassed the 2400 USDT mark, according to Odaily. The cryptocurrency is currently priced at 2400.01 USDT, reflecting a 24-hour increase of 2.35%.

After Binance announced its crackdown on active market makers at the end of March, active market makers began to take action.

Overall, although a few strong altcoins amplified the market effect, most assets are still in a liquidity vacuum.

Bitcoin successfully broke out of the $62.8k–$72.6k range, briefly touching the $74k mark. This breakout strategically signifies that the market has moved from a geopolitically induced "forced deleveraging" phase to an "initial stabilization period."

Discussions surrounding stablecoins have long focused on one question: who will issue the next dominant stablecoin?

A group of Drift Protocol investors are seeking to bring stablecoin issuer Circle to court, blaming the company for its inaction following the Drift Protocol hack.

OpenAI has paused its Stargate UK data centre plan, saying energy costs and regulation were the main reasons. The UK AI minister disputes this, saying conditions have not changed and pointing instead to OpenAI’s financial pressures.

The most valuable thing in the future will be the oldest thing. It's not computing power. It's not data. It's not models. It's when one person says "I believe in you" to another, and that promise is truly fulfilled.

A Brazilian cybersecurity researcher has raised alarm bells, warning others about counterfeit ledger devices that has been planted by scammers in the Chinese market in the attempt to steal users' crypto.

Exchanges are replacing traditional venture capital (VC) firms, gradually gaining control over initial public offerings (IPOs), pricing power, and liquidity. Exchanges are eroding the informational, investment, and lock-up advantages of traditional VCs, and arbitrage opportunities for VCs are being continuously squeezed.

Grinex halted trading after hackers stole around $13–15 million from its wallets in a coordinated attack involving 54 addresses. The stolen funds were quickly moved across multiple blockchains and converted into other assets to make them harder to trace.