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The US-Iran negotiations have concluded, and the entire US delegation has left Pakistan.
Gate News reports that on April 12, after the negotiations between the US and Iran ended, no US representatives remained in Pakistan.
US President Trump’s special envoy Witkov, Trump’s son-in-law Kushner, and the US technical team have all left Islamabad, the capital of Pakistan.
US Vice President Vance arrived at Ramstein Air Base in Germany before 7 a.m. Eastern Time on the 12th.
According to Pakistani media reports, Vance had already left Pakistan on the 12th local time.
(Xinhua)

Trump: If US-Iran negotiations do not go smoothly, the United States is ready to “restart” Gate News. On April 11, local time, U.S. President Trump said in an interview that he currently does not know the progress of that day’s negotiations between the United States and Iran. When asked whether the US-Iran negotiations have officially started, Trump confirmed, saying “Yes.” Regarding whether Iran is conducting sincere negotiations, he said he would give an answer within a very short time, not too long. When asked whether he is optimistic about this, Trump responded that if progress is not smoo

Gate News report: On April 10, Jefferies global economist Mohit Kumar released a report, saying that the Middle East conflict has brought different gains and losses to the parties involved. From an economic perspective, the impact of rising oil and gas prices may be smallest for the United States; from a geopolitical perspective, Russia is the winner of this war, while Iran is expected to use this opportunity to lift sanctions. Kumar said that the main losers are the Gulf countries, which will have to deal with a more assertive Iran, and their economies have already been severely battered. Asi

Stablecoin Foreign Exchange Exchange Nears Traditional Banking Levels in Latin America and East Africa
Gate News reports that on April 9, payment infrastructure company Borderless Data shows that stablecoin foreign exchange exchanges in key corridors of Latin America and East Africa are gradually achieving parity with traditional banking channels.
The Latin American market has now reached an "institutional" pricing level, with execution costs approaching zero; the East African market, as competition among service providers intensifies, is experiencing a rapid narrowing of spreads.

The Cardano Foundation and Draper Dragon establish an $80 million Orion Fund
Gate News reports that on April 7, the Cardano Foundation announced the creation of an $80 million Orion Fund in partnership with Draper Dragon. The fund aims to support strategic initiatives for Cardano native and integrated enterprises, expand on-chain utility, and strengthen the ecosystem. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the charter administrator, providing necessary ecosystem and technical support.

Gate News reports that on April 6th, the U.S. Institute for Supply Management (ISM) released its March services sector data. The ISM Services Price Index rose to 70.7, the highest level since October 2022, up 7.7 points from the previous month, marking the largest increase in nearly 14 years. The ISM Services Index decreased by 2.1 points to 54, mainly due to weak employment and slowing business activity growth. The services employment index fell by 6.6 points to 45.2, one of the largest monthly declines since the COVID-19 pandemic. The business activity index dropped by 6 points to 53.9, the

Gate News reports that on April 5th, Middle East scholar Mohammad Ali Shabani stated in an interview that he believes U.S. President Trump is prepared to fulfill his threat to strike Iran's critical infrastructure, which could significantly escalate the regional situation. Iran, in turn, sent a "no retreat" signal to the U.S. by attacking Kuwaiti infrastructure. Mohammad Ali Shabani added, "The current situation is somewhat similar to a standoff, with neither side able to exit gracefully. In this context, I believe there is a high likelihood of serious escalation in the region within the next

Whale Trader "Sets 10 Major Goals First" Limit Price $67k for Long BTC
Gate News
On April 4, Whale Trader "Sets 10 Major Goals First" posted on the X platform showcasing their long position, indicating they have gone long on Bitcoin again with a limit price of $67,023.8. This account has recently attracted attention due to its accurate market predictions, but since its posts come from a centralized exchange, their authenticity cannot be verified. Users should exercise caution and be aware of the risks.

Gate News: On April 3rd, Charles Schwab will launch cryptocurrency trading services on its investment platform. The service is called the "Schwab Crypto" account, initially offering Bitcoin and Ethereum trading, developed and operated independently by its subsidiary, Charles Schwab Premier Bank, SSB. The account will be available in all U.S. states except New York and Louisiana. It is reported that Charles Schwab has previously offered crypto-related ETF products and is one of the founding supporters of the institutional crypto exchange EDX Markets.

Gate News reports that on April 2nd, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit in the Chicago Federal Court to prevent the Illinois state government from regulating prediction markets, arguing that the state's actions infringe on the federal government's exclusive authority over the national derivatives market. This lawsuit marks the CFTC's first legal action to stop the Illinois Gaming Board officials from exercising jurisdiction over prediction market operators. The complaint states that the Illinois Gaming Board previously issued cease and desist orders to Kalshi,

Gate News reports that on April 1, Fortune reported that Kalshi's main investor Paradigm is developing its own prediction market trading platform. The project is led by Paradigm partner Arjun Balaji and will target professional traders and market makers. Currently, a Paradigm official spokesperson declined to comment on this matter. Additionally, sources revealed that Paradigm is also considering whether to establish an internal market-making department in the prediction market sector, in addition to developing the trading platform.

Payment company Convera and Ripple have reached a strategic partnership to launch a stablecoin-based cross-border payment solution. According to Gate News, on March 31, payment company Convera and Ripple announced a strategic cooperation to provide businesses with cryptocurrency-supported payment and fund management solutions. The partnership is based on the "Stablecoin Sandwich" settlement model, where the payment process begins and ends with fiat currency, and the intermediate steps utilize regulated stablecoins for settlement. Under the agreement, Convera is responsible for coordinating the

Federal Reserve Board Member Mullan: The Fed's balance sheet is too large and should be reduced. Gate News reports that on March 30, Federal Reserve Board Member Mullan publicly stated that the size of the Federal Reserve's balance sheet (the total assets held by the Fed) is too large, and he hopes to shrink the Fed's balance sheet.

Gate News reports that on March 29, "Insider Whale " agent Garrett Jin posted on X platform stating that Trump has issued a 48-hour final ultimatum to Iran, demanding the full reopening of the Strait of Hormuz, with the situation clearly escalating. He summarized three key impacts of this move: First, the diplomatic buffer has been broken, and the previously low-key negotiations between Iran and Japan regarding the passage of ships are coming to an end; second, the nature of the conflict has escalated, and if strikes expand to civilian infrastructure such as power grids, it will strengthen Ira

BlockBeats News, March 28 — According to foreign media reports, two more oil tankers carrying liquefied petroleum gas (LPG) have passed through the Strait of Hormuz leaving the Persian Gulf heading to India. According to vessel tracking data, the Indian-flagged BW Tyr and BW Elm tankers, both fully loaded with LPG, were last located near the northern end of the Arabian Peninsula. Throughout the voyage, both ships used transponders to emit signals indicating Indian ownership and Indian crew members, which has become a standard safety measure. India heavily relies on imports of LPG from the Pers

Elon Musk: Grok Imagine will have major updates next week. Gate News reports that on March 27, Musk responded to the community on the X platform, stating that Grok Imagine will have significant updates next week. It is understood that Grok Imagine is a video generation tool built around the Grok chatbot by xAI.

Traditional Finance Upside Reminder: MARA (Marathon Digital) surged over 12%. According to Gate News, based on the latest Gate TradFi data, MARA (Marathon Digital) temporarily increased by 12%, with current volatility significantly higher than recent average levels, indicating increased market activity.

Kleiner Perkins Raises $3.5 Billion to Invest in Artificial Intelligence Market
According to Gate News, on March 25, venture capital firm Kleiner Perkins announced that it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion raised by its KP22 fund, as well as $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that market fundamentals are currently favorable for expanding investment scale, market development remains in its early stages, and artificial intelligence is helping today's startups iterate and develop at

Gate News reports that on March 24, Multicoin Capital announced that Spencer Applebaum and Shayon Sengupta have been promoted to partners and will jointly serve as heads of Multicoin Capital's venture investment business. Over the past several years, both have taken on increased responsibilities across various levels of the business. They not only continue to identify, initiate, and lead investment projects at higher frequency, but have also gradually assumed greater leadership roles in Multicoin's strategy, operations, and long-term development direction. Spencer and Shayon both joined the fu

Gate News reported that on March 23, early Kalshi employees Adhi Rajaprabhakaran and Noah Zingler-Sternig are raising up to $35 million for the newly established venture capital fund 5c(c) Capital, which focuses on investing in prediction market startups. Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan have both participated in the funding, with other early supporters including a16z co-founder Marc Andreessen, Ribbit Capital founder Micky Malka, and former Multicoin Capital managing partner Kyle Samani. The fund plans to invest in approximately 20 companies over the next two years, w