10 #Bitcoin ETFs outflows 4,964 $BTC(-$458.3M) and 9 #Ethereum ETFs outflows 4,701 $ETH(-$15.21M) yesterday.

April 12 — Cryptocurrency analyst Axel Adler Jr. noted Wednesday that Bitcoin’s current pullback is far milder than the bear markets seen at similar stages in 2017-18 and 2021-22. Still, the magnitude of the current decline alone isn’t enough to confirm a bottom has formed, he added. By comparison, the 2021-22 cycle posted a maximum pullback of 54%, the 2017-18 cycle 64%, and the 2013-15 cycle 43%. Adler said current market dynamics resemble a mild bear market, not yet entering a deep capitulation phase. A bottom can’t be confirmed, and a true recovery is still pending. He characterized the current phase as a bear market pause, not a trend reversal.

April 12 — Dutch-based ClearBank has been authorized by the Dutch Authority for the Financial Markets (AFM) to operate as a crypto asset service provider under the EU’s Markets in Crypto-Assets Regulation (MiCA). The firm plans to offer services for the Euro stablecoin EURC and U.S. Dollar stablecoin USDC to enable more efficient cross-border transfers and payments. ClearBank also intends to deepen its partnership with Coinbase, including offering FSCS-protected savings accounts via Coinbase.

April 12: Philadelphia musician G.Love said he accidentally downloaded a malicious counterfeit app from the Apple App Store while switching computers and reconfiguring his Ledger crypto wallet—resulting in the theft of roughly 5.92 Bitcoin in a short time. On-chain detective ZachXBT later noted he’d traced the stolen funds’ flow, revealing the assets were routed through a CEX deposit address. ZachXBT also criticized the Apple App Store’s review process, arguing the platform’s allowance of fake apps to be listed exacerbates risks to users’ asset security.

April 12 — Ali Nikzad, Deputy Speaker of Iran’s Islamic Consultative Assembly, said Thursday that the U.S. should have learned from the 40-day war that outcomes depend on a country’s people’s will and battlefield advantage, not empty social media rhetoric. He added the U.S. will also grasp that diplomacy is a forum for respect, interaction and embracing reality — not for issuing orders. (CCTV News)

On April 12, The New York Times reported that current U.S.-Iran negotiations face three key sticking points: the reopening of the Strait of Hormuz, uranium enrichment, and the unfreezing of Iran’s overseas assets. ### Strait of Hormuz Iran has rejected the U.S.-proposed "joint control" plan for the Strait of Hormuz, insisting it retain control of the waterway and claiming the right to charge "transit fees" to passing vessels. Tehran says it will only consider reopening arrangements after a final bilateral peace agreement is reached. By contrast, the U.S. holds a starkly different stance. President Trump said on April 10 that the Strait of Hormuz is international waters, adding the strait will be reopened "soon" regardless of "Iranian cooperation"—and that he will not permit Iran to charge transit fees. ### Nuclear Issue The U.S. is demanding Iran hand over its entire stockpile of near-weapons-grade enriched uranium (roughly 900 pounds). Tehran has offered a counterproposal,

April 12 – Xinhua reported that U.S. President Trump retweeted a social media post on April 12 referencing a "naval blockade" against Iran. Iran’s embassy in Austria responded the same day, noting that a blockade cannot "open" the Strait of Hormuz. "Here’s a simple point for anyone asking: A blockade is a blockade—it doesn’t 'open' the Strait, only restricts it. The only way out of this self-created bind is to keep negotiations open and flexible, and follow reason." Per monitoring from PolyBeats (via https://t.me/PolyBeats_Bot), the probability that the Strait of Hormuz will remain navigable by month’s end has dropped from 35% (before U.S.-Iran talks) to 17% on the prediction market Polymarket.