Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

April 5 — China’s State Taxation Administration (STA) and the China Banking and Insurance Regulatory Commission (CBIRC) have jointly released a notice to further deepen and standardize “bank-tax interaction” work. The notice emphasizes three key goals: 1. Deepening the application of bank-tax data, and standardizing the content and delivery of data shared between banks and tax authorities to tackle information asymmetry. 2. Encouraging regional tax and banking bodies to leverage technologies like blockchain and privacy computing to innovate the “bank-tax interaction” model in a compliant, rule-abiding way. 3. Requiring banks to keep optimizing credit services, expand financing access for tax-compliant taxpayers, and regularly monitor the effectiveness of the “bank-tax interaction” loan model to strengthen risk management. This rewrite aligns with U.S. news style: concise, structured with clear bullet points (for readability), uses natural financial terminology (e.g., “fina

**April 5** 10x Research said in an analysis that Ethereum has effectively been “dead money” over the past five years, with its price lingering near the $2,000 level first hit in the last cycle. Since last November, the firm has held a cautious—at times bearish—outlook, citing subdued on-chain activity that’s crimping both demand and meaningful value accrual for ETH holders. That said, Ethereum now looks relatively cheap after a 57% drop from its August 2025 peak—especially compared to Bitcoin, which only fell ~42% over the same stretch. Despite steep paper losses (including a roughly $8 billion hit for Ethereum treasury firm BitMine), accumulation is still ongoing—and USDT supply on Ethereum recently overtook Tron’s. This has reignited the narrative that Ethereum could be a top beneficiary of stablecoin growth, and may emerge as the financial backbone for a more on-chain, Wall Street-aligned infrastructure. In this light, it’s worth asking: Is Ethereum nearing a turning point

April 5 – According to Xinhua News Agency, citing Iran's Fars News Agency, multiple U.S. soldiers were killed during an operation to rescue the pilot of a downed U.S. fighter jet. Sources also reported that the U.S. military attempted to destroy the aircraft’s wreckage, even targeting the bodies of deceased U.S. soldiers.

On April 5th, Oman’s Ministry of Foreign Affairs announced via social media that it held deputy ministerial-level talks with Iran on Saturday, April 4th, to discuss measures ensuring smooth ship passage through the Strait of Hormuz. Per PolyBeats data, the probability the Strait of Hormuz reopens to shipping this month has steadily fallen from its peak to 12% on the prediction platform Polymarket.

April 5: Simon Gerovich, CEO of Metaplanet—Japan’s largest Bitcoin custodian—announced that the Japan Exchange Group (JPX) has launched a public consultation and plans to exclude companies with “cryptocurrency as their primary asset” from its index for now. Metaplanet respects this process and says it will actively join the public discussion. Metaplanet stresses its founding mission: to give Japanese investors a transparent, compliant way to indirectly hold Bitcoin via Tokyo Stock Exchange-listed firms. It goes beyond just holding Bitcoin, though—actively building real-world businesses through its “Project Nova” initiative, partnering with industry players, and advancing Japan’s Bitcoin ecosystem. To date, over 216,000 Japanese shareholders back this mission. The company pledges to maintain constructive dialogues with all stakeholders—including JPX—in hopes of deepening the market’s understanding of Bitcoin and Metaplanet’s role in Japan’s financial future.

On April 5, 2026, the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Government released an essay reviewing Q1 2026, noting Hong Kong’s trading market was robust. January and February saw average daily turnover hit over HK$260 billion—marking a 17% year-over-year jump. Activity picked up further in March, with daily Hong Kong stock turnover topping HK$300 billion (an over 8% rise from the same period in 2025). Investors have boosted asset allocations in Hong Kong, citing the city as a reliable fund haven, plus stable mainland economic growth and a stream of high-quality listed companies offering abundant investment opportunities. Meanwhile, global competition in cutting-edge tech (like AI) has intensified, demanding significant funding for core R&D, supply chain development, and expanding application scenarios. Hong Kong’s listing platform is stepping up to play a critical role here. The city’s IPO market carried over last year’s momentum into Q1