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06:14
Houthi Crisis Restricts Shipping in the Bab el-Mandeb Strait, Saudi Arabia Raises Oil Prices to Record Premium Level
BlockBeats News, April 6th, as Iran nearly closed the Strait of Hormuz, restricting regional energy shipments, and the uncertainty of the conflict's duration caused market turbulence, Saudi Arabia has raised its official selling price for its main Asian-bound crude oil by $17 per barrel compared to last month, reaching a record high premium level over Oman/Dubai's average price. Saudi Aramco has set the official selling price for its May-bound Asian exports of Arab Light crude oil at a premium of $19.50 per barrel over Oman/Dubai's average price, up $17 per barrel from the previous month.
05:58
BIT: Ethereum call option selling pressure rises, volatility continues to decline
According to Odaily, BIT released today’s chart showing that market trading volume has clearly shrunk, lacking clear directional catalysts. While Bitcoin ETF recorded a net inflow of about 1.3 billion USD, Ethereum continues to experience capital outflows, and the demand divergence between the two has become even more pronounced. From a macro perspective, although geopolitical risks remain unresolved and volatility continues to contract, put option strategies are becoming increasingly favored. Recent changes in the Ethereum options market are particularly notable: the proportion of selling out-of-the-money call options has surged, indicating a lack of short-term confidence in ETH’s rebound. A few months ago, traders were actively buying upward exposure; now, the trend has shifted, with more Ethereum traders choosing to earn premiums by selling call options rather than betting on a directional uptick.
05:37
Figure co-founder: A certain exchange is still obstructing the passage of the CLARITY Act, the industry does not need to care about its opinion
Foresight News reported that Mike Cagney, co-founder and executive chairman of Figure, stated on Twitter that he recently received a 1099-MISC tax form from Exchange Custody showing $1,600 in income last year, while his three accounts at the exchange have a total balance of only about $10. After multiple unsuccessful attempts to resolve the issue with customer service, he was ultimately advised to "consult a tax advisor." He also criticized the exchange for still obstructing the passage of the CLARITY Act, stating that the blockchain industry no longer needs to care about their opinions.
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