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Sharon Yeshaya, Chief Financial Officer of Morgan Stanley, stated that tokenization and on-chain finance will become key evolutionary directions for its wealth management business.The company is envisioning a "tokenized world," where customer assets and liabilities can flow as efficiently as funds through blockchain infrastructure, thereby reshaping asset allocation, lending, and cash management methods. Unlike viewing cryptocurrency as a standalone business, Morgan Stanley plans to embed on-chain capabilities into its core service system, including investment advisory, financing, and liquidity management, to drive an overall upgrade of the financial architecture. This strategy has been gradually implemented through digital asset pilots with ZeroHash and products like Bitcoin ETFs. Although the current share of cryptocurrency business in the overall system is still small, its position in the future wealth management system is rapidly increasing.

CryptoQuant indicates that Bitcoin's recent rebound is facing increasing selling pressure risks, with on-chain data showing a significant rise in funds flowing into exchanges. Bitcoin previously broke through $76,000 but faced pressure and retreated as it approached the key resistance zone around $76,800. This position corresponds to the "on-chain realized price" range, which historically often becomes the top of a rebound, as many investors with positions close to breakeven tend to sell.Data shows that the hourly inflow of Bitcoin into exchanges has risen to about 11,000 coins, the highest level since the end of 2025, and is typically seen as a potential selling signal. At the same time, the scale of large holders (whales) transferring to exchanges is also expanding. Analysts believe that if this resistance level remains effective, Bitcoin may face short-term correction pressure, with key support levels around $67,600.

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. By June, the probability of a cumulative rate cut of 25 basis points is 0%, the probability of keeping rates unchanged is 98%, and the probability of a cumulative rate increase of 25 basis points is 2%.

Cantor Fitzgerald donated $10 million to the political action committee Fellowship PAC, which is chaired by Tether's U.S. executive Jesse Spiro.Fellowship PAC was established in 2025 and has received over $100 million in committed funding, aimed at supporting candidates who promote friendly regulation of digital assets. The organization has previously invested over $1 million in advertising support for multiple elections. Cantor has a close relationship with Tether, having provided custodial services for its stablecoin reserves since 2021, and this donation further strengthens their collaboration on policy matters. In addition to Cantor, institutions like Anchorage Digital have also participated in donations. Industry insiders believe that as the regulatory battle intensifies, the crypto industry is continuously increasing its political investments in Washington to seek a clearer and more enforceable regulatory framework.

The open interest (OI) of the HIP-3 market on Hyperliquid reached a peak of approximately $2.38 billion and currently remains at a high of around $2.1 billion, reflecting a growth of about 580% year-to-date. This growth is primarily driven by "non-crypto assets."Among the top ten markets by trading volume on the platform, only three are crypto trading pairs, while the rest consist of tokenized stocks and commodities, including the Nasdaq index, S&P 500, crude oil, gold, and silver. Analysis indicates that the core driving force comes from the demand for "24/7 trading of traditional assets." Unlike traditional markets that are limited by trading hours, HIP-3 enables investors to trade stock and commodity exposure around the clock through on-chain settlement and a non-intermediary structure. Additionally, TradeXYZ accounts for over 90% of the open interest in HIP-3, becoming the main source of liquidity in this sector.

According to Gate market data, U.S. stocks closed on Wednesday with the Dow Jones down 0.15%, the S&P 500 up 0.8%, and the Nasdaq up 1.59%, with the latter two reaching all-time highs. Tesla (TSLA.O) rose 7.6%, Apple (AAPL.O) rose nearly 3%, and SanDisk (SNDK.O) fell 5.5%. The Nasdaq Golden Dragon China Index rose 0.7%, and NetEase (NTES.O) rose 2%.

According to Gate market data, the Nasdaq Composite Index reached a historic high in late trading, demonstrating strong market performance.

According to Jinshi reports, Federal Reserve's Musalem stated that the oil price shock may be driving core inflation upward, and it is expected that core inflation will approach 3% by the end of the year.

According to Jinshi reports, Federal Reserve's Musalem stated that supply shocks pose risks to the Fed's inflation and employment targets, and the current interest rate range "may be appropriate for some time."

According to Jinshi reports, the Federal Reserve pointed out in the Beige Book released on April 16 that economic activity in most regions of the United States continues to grow at a moderate to slight pace amid a new round of uncertainty triggered by the war in Iran and rising energy costs. Overall price increases remain moderate, but energy and fuel costs have risen significantly across all 12 Federal Reserve districts. The report indicates that the Middle East conflict is seen as a major source of uncertainty, increasing the complexity of businesses' decisions regarding hiring, pricing, and capital investment, with many businesses adopting a wait-and-see attitude. The data is as of April 6 and reflects the initial impact of the war on the U.S. economy.

Bitwise officially launched the spot Avalanche ETF (ticker: BAVA) today. This ETF directly holds AVAX tokens and plans to stake the held AVAX, sharing an average staking yield of about 5.4% while maintaining liquidity.The spot AVAX ETF had a trading volume of $400,000 in the first 90 minutes of trading today, which Bloomberg ETF analyst James Seyffart described as "quite good."

According to on-chain analyst Yu Jin's monitoring, the Bitcoin reserve address of USDT issuer Tether withdrew 951 BTC ($70.47 million) from Bitfinex 15 minutes ago. This should be the BTC they purchased in the first quarter of this year. The BTC stored in this wallet was bought with 15% of the company's profits since 2023, and they often withdraw the BTC purchased in the previous quarter from Bitfinex a few days after each quarter ends.Currently, Tether's Bitcoin reserve address holds 97,141 BTC ($7.2 billion), making it the fifth largest BTC wallet. Based on the price when they withdrew from Bitfinex, the average purchase price of these BTC is approximately $51,312, currently yielding a profit of $2.175 billion.

According to Gate market data, Tesla's stock price rose by 7.9%, expected to set the largest single-day increase in over nine months.

According to Gate market data, the US stock market continues to rise, with the Nasdaq Composite Index up 1%.

According to Jinshi reports, market news suggests that the United States and Iran are reportedly considering extending the ceasefire for two weeks.

According to Gate market data, Tesla (TSLA.O) stock price increase once expanded to 5%.

According to Coinglass data, the total contract open interest for BTC has decreased by 5.18% in the past 24 hours, with the current total open interest at $56.15 billion. Among them, Binance's open interest is $9.574 billion, OKX's open interest is $3.361 billion, Bybit's open interest is $4.553 billion, and Gate's open interest is $4.607 billion.

According to Decrypt, the institutional-level quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round financing, led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of financing will support its transition from an invitation-only whitelist model to a public platform release.It is reported that AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and is positioned as an institutional-level "systematic alpha" trading platform, aiming to provide retail users with trading capabilities that were previously only available to institutions.