Bank of America Global Research: Expect the Bank of Japan to raise interest rates by 25 basis points in April

Iran's Strongman Warns "Buy US Treasuries and We'll Strike You": US Supporters Listed as Strike Targets, 10-Year Yield Surges Toward August High

Iran's Parliament Speaker Ghalibaf warned US Treasury holders, threatening them as military strike targets, directly linking financial actions with military coercion, impacting the US debt market and causing the 10-year yield to rise to 4.4055%. The market has nearly abandoned expectations for rate cuts, and the crypto market faces a situation of reassessing Bitcoin's safe-haven capabilities. Heightened geopolitical risks will impact the global financial system.

Fidelity Urges SEC to Improve Cryptocurrency Regulation, ATS Tokenization Framework Awaiting Legislation

Fidelity Investments has called on the U.S. Securities and Exchange Commission (SEC) to improve its regulatory framework for crypto assets, proposing three major recommendations: establishing trading rules for tokenized securities, reforming reporting requirements for decentralized finance (DeFi) platforms, and allowing compliant applications of distributed ledger technology. Fidelity emphasizes the legal complexity of tokenization tools, pointing out gaps in existing regulations, and stresses the need for tailored standards across different models.

Federal Reserve Spokesperson Warning: Warsh Taking Over Fed Full of Pitfalls, Powell Refuses to Step Down, Iran Conflict Prompts FOMC to Reject Rate Cut

The transition of the Federal Reserve Chair has fallen into a deadlock. The incoming Chair, Kevin Walsh, faces challenges such as rising oil prices, inflationary pressures, and the incumbent chair's refusal to step down, making the transfer of power more difficult than expected. Market expectations for rate cuts are waning, risk assets are under short-term pressure, and Walsh will encounter a vastly different situation upon taking office compared to the past.

Iran Announces "Selective Passage" in Strait of Hormuz, Bessent Declares War: Trading 50 Days of US Price Increases for 50 Years of Middle East Peace

Iran's Foreign Ministry stated that the Strait of Hormuz is not closed, but will intercept U.S. and Israeli vessels, which triggered a market oil price surge and revised inflation expectations upward. The U.S. Treasury Secretary stated that short-term price increases are the price to pay for long-term peace in the Middle East. The cryptocurrency market has also suffered a severe downturn, with both Bitcoin and Ethereum experiencing significant declines.

South Korean President Nominates BIS Official Shin Hung-song as Central Bank Governor, Who Has Previously Questioned Stablecoin Risks

South Korean President nominates Shin Hung-song, head of the Monetary and Economic Department at the Bank for International Settlements, as the next governor of the Bank of Korea. He has previously expressed concerns about Korean won stablecoins, believing they could lead to capital outflows and affect financial stability. The public is watching to see if his stance on stablecoins will change after he takes office.

Why Did Bitcoin Fall Today? Trump's 48-Hour Ultimatum Triggers Market Panic

Bitcoin declined to $67,979.57 today, primarily affected by US-Iran tensions, higher-than-expected US PPI data, and whale short-selling activity. Global markets face stagflation pressure, with $70,000 serving as a key support level. If this level is breached, prices could potentially decline to $68,000.