Global TradFi & Macroeconomics

Morgan Stanley launched its spot Bitcoin ETF, MSBT, on NYSE Arca, achieving strong trading volumes and low fees. This marks a significant step for traditional finance in crypto exposure, leveraging the bank's vast wealth management network despite market volatility.

Gate News: According to the latest Gate TradFi data, USDILS (US dollar vs Israeli Shekel) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

After Taishin Securities merged with Yuanta Fubon Securities on April 6, it became the fourth-largest securities firm in Taiwan, but an electronic trading system malfunction occurred immediately, leading to situations in the April 14 trading where trades could not be confirmed. Rumors in the market indicate that accounting errors exceed 100 million yuan. This series of issues has drawn attention from the Financial Supervisory Commission, and the firm may face a fine. Taishin Securities has stated that it will ensure customer rights and interests.

Gate News: According to the latest Gate TradFi data, CHCUSD100 (China A50 100x) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, April 14, market data shows spot gold has broken through $4,780 per ounce, up 0.83% during the day.

Gate News message, April 14, Reuters reported, citing sources, that U.S. and Iranian delegations will hold talks in Islamabad, the capital of Pakistan, later this week.

Gate News updates, April 14, April 14 (Tuesday) close, the Nikkei 225 Index (Japan’s benchmark stock market index) rose 1374.62 points, up 2.43%, to 57877.39 points. The Korea KOSPI Index (Korea Composite Stock Price Index) rose 159.12 points, up 2.74%, to 5967.74 points.

On April 13, Ethereum spot ETF net inflows reached $9.4404 million, rising for three consecutive days. Among them, the BlackRock Staked ETH ETF had the largest net inflow, at $5.7776 million, bringing its historical total net inflows to $383 million. At the same time, Grayscale’s Ethereum mini trust ETF also performed well, with net inflows of $5.1508 million. Overall, Ethereum spot ETFs’ net assets were $12.98B.

Gate News message, April 14, a Nomura economist said that due to the continued rise in oil prices and concerns about the supply of petroleum products, Japan in the future faces "unprecedented risks," and the Bank of Japan is likely to delay interest rate hikes. In remarks on Monday, Bank of Japan governor Kazuo Ueda said he was more concerned than at the news briefing in March about downside risks to the economy that the Middle East conflict could bring. Ueda said that if the conflict continues, it will affect the business activities of Japanese companies through disruptions to the supply chain.

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 13, Bitcoin spot ETF total net outflows were $291 million, BlackRock’s IBIT had net inflows of $34.7012 million, Bitwise’s BITB had net inflows of $11.8758 million, and Fidelity’s FBTC had net outflows of $229 million. Total spot ETF assets net asset value was $94.51B, and the net asset ratio was 6.45%.

Reform UK leader Nigel Farage bought Bitcoin with roughly £2 million, becoming the first sitting member of Parliament to publicly disclose an investment of this size. The move highlights his party’s support for cryptoassets and could spark debate about the impact on the UK’s crypto policy and potential conflicts of interest. Farage invested via Stack BTC, strengthening his dual political and financial endorsement.

Bitmine has officially moved from the New York Stock Exchange U.S. board to the main board, marking a major milestone for the company. Despite a sharp drop in the stock price, it has still increased the share repurchase plan to $4.0 billion. The company holds a large amount of Ethereum, and expects that a rebound in the crypto market will help strengthen its assets and stock price performance.

U.S. banks are questioning a White House stablecoin yield report, arguing that it overlooks the impact of stablecoins on deposit outflows, which could lead to higher financing costs and reduced local lending. The two sides are currently negotiating an agreement on the Senate bill, and a ban on paying stablecoin interest is the focus of the dispute.

The American Bankers Association criticizes the White House’s research framework in its stablecoin report, saying it overlooks the risk of deposit outflows that could be triggered by prohibiting stablecoin yield. The White House report says the ban will have only a minimal impact on bank lending, increasing it by just $2.1 billion, but the ABA believes this issue’s framework fails to reflect the risks that would actually harm community banks and support the local economy. This dispute is also tied to the current cryptocurrency regulatory legislative efforts, shaping the future development of stablecoins and the competitive landscape for banks.

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

Strategy added 13,927 Bitcoin to its reserves, valued at $1 billion. The company now has 780,897 BTC in its treasury, nearly rivaling BlackRock’s 788,927 BTC for its spot Bitcoin ETF. Executive Chairman Michael Saylor assured investors that the business’s growing value will enable it to

OdinDentis (Odinting?) launched the OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it showcases 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 overseas model bypasses Taiwan’s strict regulation and, under the new draft law, challenges the market competition landscape; in the future, it will affect local operators’ compliance strategies.

U.S. Vice President Vance accuses Iran of carrying out “economic terrorism,” saying that it is closing the Strait of Hormuz and threatening the global economy, and he supports the U.S. blockade of Iranian ports, calling it a reciprocal response.

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market