u.s.

According to Gate market data, U.S. stocks closed higher on Friday, with all three major indices rising over 1%. The Dow Jones Industrial Average initially rose by 1.79%, the S&P 500 index increased by 1.2%, and the Nasdaq Composite index rose by 1.52%. Apple Inc. (AAPL.O) closed up 2.5%, Tesla (TSLA.O) rose 3%, and Meta Platforms (META.O) increased by 1.7%. Netflix (NFLX.O) fell nearly 10%. The Nasdaq China Golden Dragon Index closed up 0.5%, and Alibaba (BABA.N) rose by 1.7%.

According to Gate data, the futures prices of WTI and Brent crude oil have expanded their decline to 12%, reported at $80.21 per barrel and $87.307 per barrel, respectively. The U.S. stock market continues its upward trend, with the Dow Jones Industrial Average rising by 2.00%.

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average rose by 1.07%, the S&P 500 rose by 0.66%, and the Nasdaq Composite rose by 0.87%. Most oil and gas-related stocks fell, with BP down 6.3%, ExxonMobil down 5.07%, and Chevron down 3.7%. Previously, the Iranian Foreign Minister announced that the Strait of Hormuz would be opened during the remaining time of the ceasefire between Lebanon and Israel.

According to Jinshi reports, U.S. short-term interest rate futures rose, as the market expects an increased likelihood of the Federal Reserve cutting interest rates in 2026.

Cryptocurrency exchange Kraken's parent company Payward announced that it will acquire 100% of the digital asset derivatives platform Bitnomial for up to $550 million (cash + stock). The transaction is expected to be completed in the first half of 2026, pending regulatory approval.Bitnomial is the first crypto-native platform to obtain all three U.S. derivatives licenses (designated contract market, derivatives clearing organization, and futures commission merchant). This acquisition will help Payward quickly gain a complete compliant derivatives infrastructure, significantly accelerating its expansion in the U.S. market. After the transaction is completed, Bitnomial's clearing and trading capabilities will be integrated with platforms such as Kraken and NinjaTrader, offering products like spot margin, perpetual contracts, and options to U.S. customers, and will be regulated by the CFTC.This acquisition will also expand Payward Services, allowing banks, fintech companies, and brokerages to access the U.S. compliant derivatives market through a single API. Industry insiders believe that with the market warming up and valuations recovering, merger and acquisition activities in the crypto industry are on the rise, as leading institutions are accelerating their transformation into comprehensive trading platforms for institutional clients by acquiring key capabilities such as compliance, custody, and derivatives.

According to Fortune, U.S. Senator Richard Blumenthal (Democrat, Connecticut) has sent a letter to the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) requesting clarification on the status of two compliance supervisors at the world's largest cryptocurrency exchange, Binance.Previous reports indicated that internal investigators at Binance had warned executives that over $1 billion in funds were flowing to wallets associated with Iran, but were subsequently fired. Binance denies that the firings were related to the investigation results and claims that its compliance system is strict. Notably, the DOJ had previously terminated independent oversight requirements for Glencore and Boeing, raising concerns about whether the oversight mechanism has also been suspended for Binance. In 2023, Binance was fined $4.3 billion for deficiencies in anti-money laundering and sanctions compliance, and the two supervisors were part of the agreement at that time.

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 9 consecutive days, currently reported at 0.0117%. The buying sentiment in the U.S. market continues to warm up, after being in negative premium for 15 consecutive days.ChainCatcher Note: The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment enthusiasm, and changes in market sentiment.A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, rising market risk aversion, or capital outflows.

According to Cointelegraph, former U.S. Treasury Secretary Henry Paulson warned that U.S. authorities should prepare short-term, targeted emergency plans in advance for the potential collapse of future U.S. Treasury demand. He stated that once a crisis occurs, the impact will be severe. The U.S. Treasury market is seen as the cornerstone of the global financial system, and if it becomes unstable, it could affect the pricing of corporate bonds, mortgages, and stocks.The report pointed out that if a crisis weakens confidence in the dollar, it could drive funds toward alternative value storage assets like Bitcoin and gold; however, Tether, which uses U.S. Treasuries as its main reserve asset, may also face redemption and de-pegging risks.

Arkham monitoring shows that a U.S. government address has just transferred $606,470 worth of Bitcoin to Coinbase Prime. This Bitcoin was previously seized by the U.S. government from Bitfinex hacker Ilya Lichtenstein. It is currently unclear whether this batch of stolen Bitcoin will be sold on Coinbase.

The U.S. Court of Appeals for the Ninth Circuit heard oral arguments from lawyers representing the prediction market platform Kalshi and Nevada authorities regarding Nevada's ban on the platform's event contracts. This appeal stems from a lower court ruling that prohibited Kalshi from offering certain event-based contracts in Nevada based on the claim that Kalshi requires a license.The appellate court judges responsible for Thursday's oral arguments and Kalshi's lawyers acknowledged that there have been several state-level enforcement actions against Kalshi and other prediction market platforms, including criminal charges filed in Arizona. However, a federal court last week blocked Arizona authorities from enforcing the state's gambling laws against Kalshi's event contracts."I believe existing case law does indicate that what we want to avoid here is state courts and federal courts simultaneously considering the exact same issue and potentially reaching different conclusions," said Colleen Sinzdak, representing Kalshi.The core argument of Kalshi's debate is that the platform's event contracts fall under "swap" transactions and should be regulated by the Commodity Futures Trading Commission, rather than state gambling regulators. CFTC Chairman Michael Selig supported this position in the case involving Crypto.com's prediction market and Nevada authorities.Coinbase Chief Legal Officer Paul Grewal predicted that this case may be appealed to the U.S. Supreme Court. "The questions in the oral arguments are not a reliable signal of the court's leanings; nonetheless, I stand by my long-standing prediction that the Supreme Court will rule on whether sports contracts on designated contract markets fall under the exclusive jurisdiction of the CFTC as swap transactions."

According to Gate market data, U.S. stocks closed higher on Thursday, with the Dow Jones Industrial Average initially rising by 0.2%, the S&P 500 index up 0.26%, and the Nasdaq Composite index up 0.36%, marking the latter two achieving a consecutive rise for 12 trading days. Nuvoton Technology (NVTS.O) rose by 20%, Dell (DELL.N) rose by 9%, AMD rose nearly 8%, and Intel (INTC.O) rose over 5%. The Nasdaq China Golden Dragon Index closed up 1.75%, with NIO (NIO.N) rising nearly 7% and Alibaba (BABA.N) rising by 4%.

According to Cointelegraph, Michael Selig, the chairman of the Commodity Futures Trading Commission (CFTC), stated that the agency is working to provide clarity for the crypto space, including tokenized collateral and stablecoins, while also developing clear guidelines for prediction markets.

According to a report by The Block, Mizuho Bank research analysts released a report on Thursday stating that the financial feature X Money launched by Elon Musk's X platform has the potential to disrupt the U.S. payment industry, but the cryptocurrency integration plan may face regulatory obstacles.Mizuho analysts Dan Dolev and Andrew Jenkins wrote in a client report that X Money is positioned as the financial infrastructure layer of the X platform, aiming to integrate instant messaging, bank deposits, and commercial transaction functions, similar to the "super app" model of WeChat Pay or Alipay. With 500 to 600 million monthly active users on the X platform and Musk's background as a co-founder of PayPal in the payment industry, X Money has the potential to disrupt the U.S. payment industry.On the regulatory front, the analysts pointed out two major potential obstacles: first, the recent "CRYPTO Act" proposed in New York aims to criminalize unlicensed virtual currency operations in the state, which will raise the compliance threshold for X's future cryptocurrency integration plans; second, the "Clarity Act" may restrict non-bank financial platforms from offering yields to users, potentially hindering X Money's plan to provide users with an annualized yield of 6% on cash balances, with analysts stating that the timing for the launch of this yield product is "particularly sensitive."Mizuho also downgraded PayPal (PYPL) stock rating to "neutral," noting that PayPal and its Venmo app face the most direct substitution risk, as X is targeting the same peer-to-peer transfer and digital wallet entry points.This week, the X platform also launched a new feature called "Cashtags," allowing users to view financial data for stocks and cryptocurrencies directly in their timeline.

According to on-chain analysis platform Lookonchain, the U.S. government deposited 8.2 BTC (approximately $606,000) into Coinbase Prime, with the funds originating from previously seized assets related to the Bitfinex hack.

According to the Financial Times, an analysis of campaign finance records shows that the cryptocurrency and AI industries have raised approximately $250 million over the past year to support congressional candidates in the upcoming U.S. midterm elections in November.A16z co-founders Marc Andreessen and Ben Horowitz donated a total of $25 million in February to the pro-AI Super PAC "Leading The Future." The organization has raised about $75 million from billionaires, including the two mentioned above and OpenAI co-founder Greg Brockman; when including "dark money" non-profits that do not disclose their donors, that figure rises to $140 million. The largest Super PAC in the crypto industry, Fairshake, has raised over $134 million on its own.In January, Cantor Fitzgerald, a Wall Street firm previously led by current U.S. Secretary of Commerce Howard Lutnick and now managed by his son Brandon, which has a partnership with Tether, donated $10 million to the pro-crypto Super PAC Fellowship; the parent company of the major crypto platform, Anchor Labs, also added a $1 million donation to Fellowship PAC. Elon Musk donated $1.6 million to his America PAC in March, significantly reducing his involvement compared to 2024, when he invested over $250 million across various PACs.Anthropic has pledged $20 million to the non-profit Public First Action, which has redirected some of the funds to a Super PAC to influence the 2026 elections. The company holds a relatively unique position in the industry, explicitly calling for the establishment of strict federal AI safety regulations, which diverges from the majority of participants in the AI industry.

According to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average rose by 0.16%, the S&P 500 index rose by 0.2%, and the Nasdaq Composite Index rose by 0.17%. TSMC opened down 1.82%, with the company's first-quarter profit increasing by 58%, and it is expected that second-quarter revenue will be between $39 billion and $40.2 billion; Oracle opened up 3.35%, having previously announced a partnership with Amazon Web Services.

According to Jinshi reports, the number of initial jobless claims in the United States for the week ending April 11 was 207,000, lower than the market expectation of 215,000, and the previous value was revised from 219,000 to 218,000.

According to Coinglass data, the Coinbase Bitcoin premium index has been positive for 8 consecutive days, currently reported at 0.0401%. The buying sentiment in the U.S. market continues to warm up, after previously being in negative premium for 15 consecutive days.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, a decline in investors' risk appetite, an increase in market risk aversion, or capital outflow.

According to The Block, the Washington think tank Cato Institute published an article criticizing the current Bitcoin tax policy in the United States. Researcher Nick Anthony pointed out that the current tax framework treats Bitcoin as "property" rather than "currency," requiring users to calculate capital gains or losses for each transaction individually, even for everyday small purchases. This makes tax reporting extremely cumbersome and effectively hinders the adoption of Bitcoin as a payment tool.In response, the Cato Institute proposed several reform suggestions, including completely eliminating the capital gains tax on cryptocurrency payments and introducing a tax-free threshold for small transactions. The report also mentioned the existing "Virtual Currency Tax Fairness Act," which aims to exempt cryptocurrency transactions under $200, but Anthony believes this threshold is too low to cover the actual spending levels of consumers. Currently, the Trump administration has expressed support for establishing a small tax exemption for cryptocurrency transactions and will continue to evaluate related legislative options.

Cuy Sheffield, the head of Visa's crypto business, stated that two American banks, Lead Bank and Cross River, have settled transactions using USDC on Solana.