Morgan Stanley's Bitcoin ETF 🚀, Ford tariff petition 🛻, Trump-Hormuz deal ⚔️

President Trump announced he agreed to suspend planned attacks on Iran for two weeks contingent on Iran opening the Strait of Hormuz, following discussions with Pakistani leaders. This decision, which caused oil prices to drop and U.S. stock futures to rise, comes amid ongoing negotiations for a potential peace agreement with Iran.

CNBC · 4 minute read

Moody's has downgraded its outlook on Blue Owl's fund to negative, citing an increase in investor redemption requests as the primary reason for the change.

Reuters · 3 minute read

Federal Reserve Vice Chair Philip Jefferson highlighted rising inflation risks due to higher energy prices and a vulnerable labor market, advocating for a cautious 'wait-and-see' policy stance while inflation and employment stabilize.

Investinglive · 3 minute read

Ford requested relief from the Trump administration as tariffs significantly impacted the cost and pricing of their F-150 trucks, a key product line for the company.

Msn · 3 minute read

Anthropic will provide its new AI model, Claude Mythos Preview, to major tech firms like Amazon, Apple, and Google for cybersecurity purposes, aiming to identify software bugs and test hacking vulnerabilities. While the model shows significant capabilities in discovering vulnerabilities, it is not publicly released due to potential misuse by cybercriminals.

Cnn · 4 minute read

President Trump announced a two-week ceasefire with Iran, causing Brent and WTI crude futures to drop below $100 per barrel, while stock futures on major US indexes rose. Despite concerns about the durability of any deal with Iran, the S&P 500 and Nasdaq managed to finish positive during regular trading hours.

Yahoo Finance · 3 minute read

The yuan’s latest rally was ignited by developments in the Middle East. As tensions with Iran intensified, news of a possible U.S.-Iran ceasefire sent a strong signal of de-escalation, which propelled the Chinese currency higher.

Bitget · 3 minute read

Soybean oil futures fell sharply by 5% after the US and Iran reached a temporary ceasefire agreement, leading to a significant drop in crude prices which impacts the demand for crop-based biofuels. Brent oil saw a decrease of over 15% as the agreement could alleviate global supply disruptions caused by the blockade of the Strait of Hormuz.

Theedgemalaysia · 1 minute read

Morgan Stanley will launch its Bitcoin ETF on the NYSE Arca under the ticker MSBT, marking the first major U.S. bank's entry into the spot Bitcoin ETF market. The product is set at a competitive 0.14% fee and will start trading on April 8, entering a market dominated by IBIT and FBTC.

Crypto · 2 minute read

New research by BTQ Technologies reveals that while quantum computers require an impractically large number of qubits and energy to mine Bitcoin, posing no immediate threat to its mining infrastructure, quantum attacks on Bitcoin's digital signature scheme are a more pressing concern. These attacks could compromise Bitcoin wallets as early as 2029, prompting the development of quantum-safe technologies like Bitcoin Quantum and QPoW to mitigate potential vulnerabilities.

Ainvest · 4 minute read

In his memoir, Binance CEO Changpeng Zhao discusses the collapse of FTX, revealing that FTX founder Sam Bankman-Fried requested billions of dollars from Binance with what he describes as casual ease, comparing it to asking for a bologna sandwich.

Binance · 3 minute read

The Solana Foundation issued a cryptic message that has sparked speculation about its stance on the cryptocurrency market, prompting discussions on the potential strategic shifts or warnings from the organization.

Interactivecrypto · 3 minute read