Global TradFi & Macroeconomics

BlackRock raises its outlook for the U.S. stock market, citing reduced geopolitical risk and strong corporate earnings expectations. The report says the impact of the Middle East conflict is being contained, with S&P 500 profit forecasts rising and investment opportunities in defense and aerospace among others looking attractive. The U.S. and emerging markets are rated as areas to add to positions.

Gate News, April 14, April 14 (Tuesday) at the open, both Japanese and South Korean stock markets opened higher. The South Korea KOSPI Index (Korean Composite Stock Price Index) rose by 145.23 points, up 2.5%, to 5,953.85 points. The Nikkei 225 Index (Japan’s benchmark stock index) rose by 556.96 points, up 0.99%, to 57,059.73 points.

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its stock price, it has still increased its share repurchase authorization to $4.0 billion. The company holds a large amount of Ether, and it predicts that a rebound in the crypto market will help boost its assets and stock price performance.

Due to market expectations that the United States and Iran will reach an agreement, the S&P 500 index has rebounded to its highest level since the war, and Bitcoin has also surged to $74,900. Despite the failure of peace talks between the U.S. and Iran, the U.S. has imposed a maritime blockade to pressure Iran. MicroStrategy once again made a large-scale purchase of Bitcoin, indicating that investor confidence is picking up.

Gate News: According to the latest Gate TradFi data, SHOP (Shopify) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

The founder of Muddy Waters, Carson Block, after trying the AI tool Claude, shifted his view of the economic outlook from optimistic to pessimistic. He warned that AI replacing knowledge work will trigger a severe economic crisis, and has already started shorting ETFs in the credit market. He noted that 15% of knowledge work is about to disappear, and predicted it will lead to a contraction in consumption and a systemic crash. His move to restart the short-selling setup has drawn attention in the current market.

BlackRock strategists have again turned bullish on U.S. stocks, taking an overweight view. They believe the impact of the Middle East conflict on the global economy is manageable, and that corporate earnings forecasts are rising. The recent ceasefire and the resumption of shipping are seen as positive signals—especially with the technology sector performing strongly.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

OdinTin launches OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it demonstrates its fintech transformation. Through its partnership with MoneyGram, Wallet Pro enables cross-border transfers of stablecoins purchased with cash and operates in the U.S. market. The company’s offshore model sidesteps Taiwan’s strict regulation, and under the new draft law it will challenge the competitive landscape, which in the future will affect local providers’ compliance strategies.

TD Cowen significantly lowered the target price for Bitcoin investor Strategy held by large accounts to $350, a drop of 20.5%, but maintained a “Buy” rating. The analyst says Bitcoin return expectations have fallen, but they are bullish about the company’s business model. At the same time, TD Cowen for the first time followed four small crypto companies, all of which received “Buy” ratings, indicating that the investment market still has upside potential.

Digital asset investment products saw $1.1B in inflows last week, the highest since January, driven by a renewed risk appetite following easing geopolitical tensions and favorable U.S. inflation data. Bitcoin ($BTC) led the rally with $871M, while Ethereum ($ETH) gained $196.5M.

Bitwise is closer to launching its Hyperliquid ETF, as indicated by its amended filing that adds the ticker BHYP and a management fee of 0.67%. This suggests a potential launch amidst growing competition in the crypto ETF space.

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

Ether Machine has terminated its SPAC merger with Dynamix due to unfavorable market conditions, halting plans for a $1.5 billion yield-bearing ETH fund and reflecting broader market caution for crypto treasury strategies.

OdinTai推出OwlPay和Wallet Pro服务，专注于B2B跨境支付，结合稳定币技术与国际金融系统，展现其金融科技转型。通过与MoneyGram合作，Wallet Pro实现现金购买稳定币的跨国汇款，并在美国市场运作。该公司的境外模式规避了台湾严格的监管，并在新法草案下挑战市场竞争格局，未来将影响本地业者的合规策略。

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking a major milestone for the company. Despite a sharp drop in the stock price, it has still increased the share repurchase program to $4 billion. The company holds a large amount of Ethereum, and expects that a rebound in the crypto market will help improve its assets and stock price performance.

Gate News: According to the latest Gate TradFi data, USDTWD (US Dollar vs Taiwan Dollar) has dropped by 99% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message. On April 13, U.S. President Donald Trump said that yesterday (April 12) 34 ships transited the Strait of Hormuz, the highest single-day passage record since the strait was shut down. In addition, Trump said he will submit an updated version of the lawsuit against The Wall Street Journal again on or before April 27 local time.

Trump said in his statement that the Strait of Hormuz blockade has begun, and that other countries will assist the U.S. He warned Iran that if it does not reach an agreement within two weeks, it will face an unfavorable situation, and he emphasized that the United States will maintain the status quo. The United States is preparing to take measures to respond to Iran.

With the push of the “Virtual Asset Services Act,” Taiwan’s financial giants have launched a M&A race involving financial holding companies and virtual asset service providers (VASPs), aiming to build an on-chain integrated financial ecosystem. Fubon Group and Federal Bank, among others, have already been actively laying the groundwork; newer players with brands such as HOYA BIT are increasingly becoming acquisition targets as well, showing that the deep integration of traditional finance and digital assets is accelerating.