TAO's bullish logic requires you to believe that a game theory miracle can happen. But such miracles have happened in the cryptocurrency industry before.

The American Bankers Association (ABA) has publicly criticized the stablecoin report released by the White House Council of Economic Advisers (CEA), stating that its analysis is completely flawed. The CEA report argues that banning stablecoin yields would have little effect on protecting bank lending, increasing loan growth by only 0.02%, and actually harming consumers. However, the ABA counters that the report avoids the real risks: allowing stablecoins to pay interest would lead to a large-scale outflow of community bank deposits, increased financing costs, and tighter local credit. The ABA emphasizes that the CEA's focus on the "impact of the ban" creates a false sense of security; the rapid scaling up of interest-paying stablecoins is the far more destructive scenario.

On Apr 13, 2026, 13:27 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,200 USDT benchmark and is now trading at 2,201.320068 USDT, with a narrowed 0.27% increase in 24 hours.

The American Bankers Association (ABA) has raised concerns over a recent report by the White House Council of Economic Advisers (CEA) regarding stablecoin payments. According to BlockBeats, the ABA's chief economist and other experts argue that the CEA's study poses misleading questions that could misguide policymakers. The CEA report primarily examines the impact of prohibiting stablecoin payments on bank lending, concluding that such a ban would only increase bank loans by approximately $1.2 billion, a minimal effect. However, the ABA contends that the real policy concern lies not in the consequences of a ban but in the risks associated with allowing stablecoin payments. The ABA highlights the potential for accelerated deposit outflows, as allowing stablecoin payments could incentivize households and businesses to shift funds from bank deposits, particularly from community banks, to stablecoins. This shift could have significant effects if the market grows to $1-2 trillion, with loan reductions in places like Iowa potentially ranging from $4.4 billion to $8.7 billion. Community banks could face challenges due to deposit outflows, forcing them to rely on more expensive wholesale funding, such as Federal Home Loan Bank advances, thereby increasing their funding costs and reducing loans to local families and small businesses. The CEA suggests that deposits would merely be reshuffled within the banking system, with minimal overall impact. However, the ABA argues that deposits moving from community banks to a few large institutions or stablecoin reserve accounts could harm sectors dependent on relationship-based banking. The ABA believes that prohibiting stablecoin payments is a prudent protective measure, allowing stablecoins to mature as a payment innovation tool without becoming a source of economic risk by replacing insured deposits.

Pakistani Defense Minister Asif said in an interview that the prospect of resuming negotiations between the US and Iran remains, and a new round of talks will begin soon. (CCTV)

China's Foreign Ministry has issued a response following U.S. President Donald Trump's suggestion that China should purchase oil from the United States and Venezuela. According to NS3.AI, Foreign Ministry spokesperson Guo Jiakun emphasized that the primary focus should be on restoring peace and stability in the Gulf and Middle East regions as a fundamental step towards resolving the issue.

On-chain analytics platform Glassnode published an article on its X platform stating that after a sharp deleveraging in early October 2025, XRP perpetual contract open interest (OI) plummeted from 7 billion to 2 billion, a drop of 71%. Subsequently, market positions further compressed, with OI declining by approximately 25% to 1.5 billion. The market has not yet rebuilt speculative positions, indicating that derivatives trading participants as a whole remain cautious, and risk appetite has not yet significantly recovered.

Microsoft has announced the development of new features for its Copilot program. According to Odaily, these enhancements are inspired by OpenClaw, a notable AI technology. The company aims to integrate advanced functionalities into Copilot, leveraging insights from OpenClaw's capabilities.

Large holders of OFFICIAL TRUMP tokens have increased their purchases in anticipation of an April 25 luncheon at Mar-a-Lago. According to NS3.AI, the event invites the top 297 holders, with the top 29 receiving access to a private reception. Despite the increased buying activity, the token's price remains around $2.80, reflecting a decline of over 33% from $4.35 following U.S. President Donald Trump's March announcement of the event.

After the rally driven by the Middle East ceasefire subsided, Bitcoin hovered around $71,000, while Ethereum traded at approximately $2,190, with the overall crypto market weakening in tandem. Analysts point out that the breakdown in US-Iran negotiations and the escalating tensions surrounding the Strait of Hormuz have brought the market back to the macro trading logic of "rising oil prices—increased inflation expectations—declining risk appetite." Institutions believe that Bitcoin encountered significant resistance around $74,000, coupled with crude oil returning above $100, putting pressure on risk appetite. However, most opinions suggest that the current pullback has not yet evolved into panic selling. Data shows that the spot Bitcoin ETF still recorded a net inflow of nearly $1 billion last week, and the scale of forced liquidations was significantly lower than in the first quarter, indicating that the market's ability to absorb shocks has improved. Structurally, strong selling pressure remains in the $70,000 to $80,000 range, with approximately 13.5 million addresses in a floating loss state, limiting upside potential. Meanwhile, open interest in futures contracts has decreased by more than 50% from its 2025 peak, indicating that excessive leverage has been largely cleared and the market structure is becoming healthier. Bitcoin is currently behaving more like a macro asset than an independent market, and its price movements remain highly dependent on inflation and liquidity conditions. Given the resurgence of inflation in the US and the continued cautious monetary policy, Bitcoin is likely to maintain a volatile pattern in the short term. (The Block)

Digital Currency Group (DCG)'s Foundry, a mining giant controlling approximately 31% of Bitcoin's hashrate, has officially launched a dedicated mining pool for Zcash (ZEC). The new pool offers compliant and auditable mining services to institutional and publicly traded miners. This move is seen as significant institutional endorsement for privacy coins, stemming from surging institutional interest in privacy assets. Foundry plans to apply its mature Bitcoin mining pool technology framework to the ZEC network, and it is expected that several publicly traded mining companies will allocate some of their hashrate to Zcash, potentially significantly improving the network's hashrate and security. (Fortune)

Cryptocurrency strategist Mark Moss recently appeared on the podcast "When Shift Happens" and pointed out that Bitcoin will reach $45 million by 2050.

On the morning of April 13th, Beijing time, on-chain monitoring platforms issued alerts one after another: Polkadot bridge assets on the Ethereum network were being issued abnormally.

Will Iran and the Strait of Hormuz become the new landscape for the third generation of Fintech in the post-war world?

The future of the crypto ecosystem is extremely bright; temporary darkness and downturn cannot obscure the inherent nature and potential of this ecosystem and this asset.

This is no longer a debate about the spirit of decentralization, but a forced game about asset liquidity.

OpenAI, Artificial Intelligence, Ultraman's Mansion Attacked Twice in 48 Hours: Anti-AI Anger Spreads Globally. Golden Finance: What Exactly Are Opponents of AI Against?

If one day you find that your stablecoins suddenly cannot be transferred out, withdrawn, or even explained—that's when you'll realize: the money you thought belonged to you may not actually belong to you.

Bitget has launched IPO Prime, a new tokenized investment platform offering retail traders exposure to SpaceX’s anticipated public listing through a Republic-issued pre-IPO token tied to the company’s future valuation.

A hacker used a fake proof to trick the Hyperbridge system and take control of a Polkadot-linked token contract on Ethereum. They minted 1 billion DOT tokens and dumped them on the market, causing the bridged DOT price to crash and forcing exchanges to suspend activity.