Global TradFi & Macroeconomics

Gold tops $4,750 as spot, with COMEX futures up about 1% to $4,767; silver climbs to $77.69. This market update notes a rise in precious metals on April 22: spot gold above $4,750 with roughly 1% gains in New York futures to around $4,767, and spot silver up about $1 to $77.69 per ounce, signaling a firmer metal complex.

Gate News message, April 22 — Scammers posing as Iranian authorities are demanding cryptocurrency payments in Bitcoin or USDT from shipping companies in exchange for safe passage through the Strait of Hormuz, according to CoinDesk. Greek maritime risk firm Marisks has issued a warning that

Gate News message, April 22 — Singapore's Monetary Authority (MAS) has released a consultation paper to establish more favorable regulatory capital guidance for crypto assets on permissionless blockchains (public blockchains) ahead of implementing

Gate News: According to the latest Gate TradFi data, AKESO (AKESO 09926.HK) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, April 22 — Taiwan's export orders jumped 65.9% year-on-year in March, marking the fastest pace since January 2010, driven by robust demand for AI, high-performance computing, and cloud products. The growth exceeded the forecasted 44.1% increase. Orders from the United States

Gate News message, April 22 — SpaceX has warned investors in a filing submitted ahead of its initial public offering (IPO) that the company's ambitions to build artificial intelligence data centers in space and establish human settlements on the Moon and Mars depend on unproven

Eightco's updated portfolio totals $336M, with Worldcoin at 23% (~$77M), OpenAI at 27% (~$90M), Beast Industries at 7% (~$25M), and $118M in cash/stablecoins; ETH remains at 11,068 tokens. Abstract: Eightco Holdings discloses a $336 million asset mix led by Worldcoin, OpenAI investments, and Beast Industries, plus cash/stablecoins and an unchanged ETH holding of 11,068 tokens.

Gate News message, April 22 — On April 21, Cantor Fitzgerald analyst Ramsey El-Assal maintained an "Overweight" rating on MicroStrategy (NASDAQ: MSTR), Robinhood Markets (NASDAQ: HOOD), and Block (NYSE: SQ), while raising their price targets. Despite the upgrades, all three stocks declined on the

U.S. President Trump announced on April 22 that the ceasefire deadline with Iran would be extended. At the request of Pakistan’s Army Chief of Staff and Prime Minister, the U.S. will wait for Iran to submit a unified proposal before moving forward, while continuing to maintain the naval blockade and keeping its forces on standby. Iran refused to attend the next round of negotiations originally scheduled to take place in Islamabad, and the Strait of Hormuz has closed again. Bitcoin rebounded to $76,000, and analyst DonAlt views this as a key early warning level that determines the direction of the market outlook going forward.

Bloomberg reported that AI nuclear power startup Fermi was removed on April 18 by co-founder and CEO Toby Neugebauer. On the same day, CFO Miles Everson stepped down, and Neugebauer also publicly called for the sale of the company. With no revenue before its IPO and its first hyperscaler contract not yet in place, the stock price fell from its 2025 peak of about $20 billion to $3.4 billion on April 20. In six months, its market value evaporated by 83%. Running day-to-day operations during the transition period under the Office of the CEO shows the gap between the narrative and actual deal-making.

Trump seeks to extend a 60-day Jones Act waiver paused in March to ease oil shipments amid tensions; White House notes 40 tankers boosted fleet by 70%, cutting transport costs. Abstract: This article discusses President Trump's effort to extend a 60-day waiver of the Jones Act, suspended in March to ease oil shipments amid Iran tensions. It notes that the waiver has expanded the effective U.S. fleet by about 70% and enabled 40 tankers to move petroleum between ports from California to Texas, Florida, and Alaska, helping to reduce transportation costs.

Polymarket announced on April 21 that it will launch sustainable contracts. The first batch of underlying assets will be Bitcoin, NVDA, and gold, with up to 10x leverage and 24/7 trading. It is now open to an early-user whitelist. After completing the CFTC DCM registration, it is able to offer long-position futures and perpetual contracts in the United States, with no expiration date. Around the same time, Kalshi announced a competing product, and market rumors suggest that the new round’s financing valuation is too high. Details such as fees, margin, and liquidation are pending publication ahead of the official launch.

Gate News message, April 22 — Lebanon's Parliament Speaker Nabih Berri called on April 21 for Israeli forces to withdraw unconditionally from occupied Lebanese territory in the south. Speaking in an interview, Berri stated that as long as Israeli military maintains its occupation of southern Lebanon

Gate News message, April 22 — Bitfire, a Hong Kong-listed wealth management company, is acquiring a trading team and trading systems from Avenir Group, the family office founded by Li Lin, according to Bloomberg. Bitfire CEO Livio Weng confirmed the acquisition aims to expand the company's private b

Gate News message, April 22 — Bessent, President Trump's pick to lead the Federal Reserve, faced intense questioning during his confirmation hearing, where he repeatedly denied making any rate commitments to the president while launching sharp criticism of the central bank's current

Polymarket launched perpetual contracts for leveraged long and short trades on assets like gold, BTC, NVIDIA, and AAPL, with early access for registered users.

DDC Enterprise reports 2025 revenue of $39.2M (+4.6%), holds ~2,383 BTC (~$182M) in the top 30, and unveils the AI-driven DDC Treasury Intelligence Platform for optimized Bitcoin fund management.

Oil prices drift lower as WTI dips below $89 and Brent holds near $98; silver gains amid a softer energy tone, with spot at $77.42/oz and NYMEX futures above $78. Abstract: This market brief notes a mixed energy and metals session. WTI crude slipped below $89 while Brent traded around $98 after modest declines, indicating soft demand or profit-taking. In contrast, silver rose, with spot at $77.42/oz and NYMEX futures above $78, signaling relative strength in precious metals amid a softer crude backdrop. The note suggests cautious positioning as energies and metals diverge in the near term.

Deutsche Telekom plans a full merger with T-Mobile US to create a leading global wireless group, but faces political, regulatory hurdles and possible dual listings. Abstract: Deutsche Telekom is reportedly exploring a full combination with its subsidiary T-Mobile US to form the world’s largest wireless operator by market capitalization. The plan would involve a new holding company and an offer for shares of both entities, with potential dual listings in the United States and Europe. The deal would require political and regulatory approvals from Berlin and Washington plus commitments to maintain German operations and U.S. investments, amid EU merger guidelines and geopolitical tensions. German state ownership via KfW strengthens influence over the process, while Srini Gopalan has begun positioning the group to tighten control of the U.S. arm.

U.S.-Iran talks did not go as expected, and the stock market fell; Vance postponed his visit to Pakistan, and the Strait of Hormuz blockade will continue. U.S. March retail sales rose 1.7%, beating expectations. Waller was nominated as the next Chair of the Federal Reserve, emphasizing independence; market expectations are broadly neutral. Bitcoin is still consolidating in the 74k–77k range, spot ETFs have recorded net inflows for five straight days, and ETH ETFs have also seen net inflows day after day. Sentiment is stabilizing, and the volatility spread indicates that risk appetite is declining.