The United States did not allow Iran to block the Strait of Hormuz, but instead decided to take the initiative to block it, a move that may have significant strategic implications for the United States.

According to the announcement from Binance, the platform is introducing the Gold Standard XAUT Trading Campaign, targeting regular and VIP 1-3 users in the UAE and Bahrain. This initiative aims to reward participants for trading across multiple products, including Spot, Futures, and Convert. The campaign offers a total of $20,000 in XAUT token vouchers, distributed on a first-come, first-served basis. The activity period is set from 2026-04-11 13:15 (UTC) to 2026-04-25 23:59 (UTC). Participants can unlock progressively higher reward pools by trading on more products. Trading on one product qualifies users for Pool A, two products for Pool B, and three products for Pool C. The minimum trading requirements are $300 for Spot, $500 for Futures, and $200 for Convert. The reward pools are structured as follows: Pool A offers $4,500 for up to 6,000 users, Pool B provides $7,000 for up to 2,500 users, and Pool C allocates $8,500 for up to 600 users. Rewards are distributed equally within each pool. Eligibility is limited to users who complete identity verification in the UAE and Bahrain and register on the activity page during the specified period. Only trades on eligible trading pairs, excluding certain pairs like BTC/TUSD and stablecoin-to-stablecoin pairs, will count towards the total trading volume. Rankings will be updated daily, and final winners are subject to a risk assessment by Binance. Token voucher rewards will be distributed within four weeks after the campaign ends, with a validity period of 30 days. Binance reserves the right to amend the activity rules and disqualify participants involved in dishonest behavior.

CoinMarketCap's Altcoin Season Index has decreased by five points, reaching a value of 32. According to NS3.AI, the index measures periods when 75% of the top 100 altcoins outperform Bitcoin over a span of 90 days. This decline indicates that fewer altcoins are surpassing Bitcoin's performance, suggesting a shift in market dynamics favoring Bitcoin.

South Korean payment service provider NHN KCP has signed a memorandum of understanding with Ava Labs to develop a Layer 1 network focused on payment services. According to Odaily, this network aims to enable sub-second payment processing authorization, on-chain encryption of transaction data, and customizable infrastructure for merchants. The collaboration will also explore tokenized deposit models, multi-stablecoin settlement structures, and cross-border payments in the digital commerce sector. Justin Kim, head of Ava Labs Asia, stated that the launch date of the Layer 1 network will depend on the approval of pending cryptocurrency regulatory legislation in South Korea.

Totalis has announced the completion of a $500,000 seed funding round, with participation from Y Combinator. According to Odaily, Totalis is the first company to receive investment from Y Combinator entirely in USDC, settled via the Solana network and managed by Ramp. Positioned as a core derivative layer for prediction markets, Totalis enables users to create multi-category combinations across geopolitical, cryptocurrency, and sports assets, aiming to enhance capital efficiency in trading and market-making. Y Combinator CEO Garry Tan stated that YC will conduct future investment payments using stablecoins, marking a shift away from traditional ACH or wire transfers.

The White House's cryptocurrency committee director, Patrick Witt, expressed optimism regarding ongoing discussions between banks and crypto companies about the CLARITY Act's stablecoin revenue issues. According to Foresight News, Witt noted that while negotiations continue, parties involved are actively working to address other obstacles. If the Senate's current compromise proposal remains intact, resolving remaining disputes should be more straightforward. Key bipartisan senators have indicated that the consensus reached on stablecoin revenue appears to be holding strong. Witt emphasized the importance of maintaining the compromise to effectively tackle other pending issues.

Totalis has announced the completion of a $500,000 seed funding round, with participation from Y Combinator. Totalis is the first company to receive investment from Y Combinator entirely in USDC, with the funds settled through the Solana network and held in custody by Ramp. Totalis positions itself as a core derivatives layer in the prediction market, allowing users to build multi-bet portfolios across categories, markets, and venues, covering geopolitical, cryptocurrency, and sports assets, aiming to improve the capital efficiency of trading and market making. According to Y Combinator CEO Garry Tan, YC will be used for investment payments in stablecoins in the future, and this revolutionary new financial track will not be conducted through ACH or wire transfers.

South Korean payment service provider NHN KCP and Ava Labs have signed a memorandum of understanding to develop a Layer 1 network focused on payments using Ava Cloud. The network aims to achieve sub-second payment processing authorization, on-chain encryption of transaction data, and provide merchants with customizable infrastructure. Furthermore, the two companies will jointly explore digital commerce areas such as tokenized deposit models, multi-stablecoin settlement structures, and cross-border payments. Justin Kim, Head of Asia at Ava Labs, stated that the launch date of the Layer 1 network will depend on the passage of pending crypto regulatory legislation in South Korea.

According to Odaily Seer's monitoring, the probability of Genius's FDV market capitalization exceeding $500 million one day after its launch on Polymarket has risen to 42%, a 34% increase in the past 24 hours. Last night, Genius announced that its airdrop is now open, with all Shuttle Labs team members and investors locking their tokens for at least one year. Its official token is currently listed on Binance Alpha and Bitget (for more details, see: Genius Airdrop Details: 70% Discount for TGE, or Lock for One Year for Full Reward). Furthermore, this morning, GENIUS's market capitalization briefly surpassed $800 million, currently standing at $620 million. Odaily Seer continues to monitor the prediction market, anticipating changes before pricing.

According to Onchain Lens, BlackRock withdrew 2,004 BTC from Coinbase in the past 7 hours, worth $144.82 million.

A significant Bitcoin short position was closed early this morning, resulting in a loss of approximately $5 million. According to NS3.AI, the account known as 'Set 10 Big Goals' closed a 2,567.49 BTC short during a market upswing. Jason60704294 attributed the stop-loss to recent geopolitical news, which influenced market dynamics.

AI-driven cyber threat escalation: Financial system alerts triggered by the Anthropic Mythos model and the strategic significance of precious metals.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3026, providing you with the latest and fastest news on the digital currency and blockchain industry.

A battle over protocol standards surrounding "how AI agents spend money autonomously" is now inevitable.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

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.

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.