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

April 12 – Israeli media reported on April 12 that following the failure of U.S.-Iran negotiations to reach an agreement, Israel assesses the U.S.-Iran ceasefire may be extended to allow both sides to continue engagement. (Xinhua News Agency)

April 12 – After 21 hours of U.S.-Iran talks, no agreement was reached as key differences over nuclear issues persist, per a summary of the negotiations. ### Negotiation Details The talks spanned 21 hours, running from Saturday into early Sunday local time, with roughly five rounds of discussions and written view exchanges after each round, Al Jazeera reported. U.S. media noted the American team held at least six phone calls with Trump and consulted multiple U.S. officials. Iran said the sides covered topics including the Strait of Hormuz, nuclear issues, war reparations, sanctions relief, and ending conflicts against Iran and in the broader Middle East. ### U.S. Statement on Talks’ End U.S. official Sullivan said no deal was struck, citing significant remaining differences. The core issue, he added, was Iran’s lack of a clear commitment to abandoning nuclear weapons development. A “final proposal” has been left for Iran to respond to. Sullivan departed for Washington immedia

On April 12, MiniMax announced the official open-source release of its M2.7 model. The model has achieved state-of-the-art (SOTA) performance on benchmarks including SWE-Pro (56.22%) and Terminal Bench 2 (57.0%). Users can now access M2.7 via Hugging Face. MiniMax M2.7 marks the company’s first model to actively engage in its own evolutionary process. It can build a sophisticated agent framework, leverage agent teams, deploy complex skills, and use dynamic tool search capabilities to tackle highly complex productivity tasks.

April 12: Trump posted on Truth Social, stating, “If Iran does not back down, President Trump’s ‘ace in the hole’ is a naval blockade.”

April 12 – Per a Forbes report, U.S. Vice President Pence confirmed no agreement was reached after 21 hours of negotiations, citing Iran’s refusal to commit to abandoning its nuclear program. Trump had previously warned of “total destruction” for Iran if talks collapsed. The Iran conflict has driven weeks of crypto market volatility, amplified by tariff unrest—Bitcoin dropped below $70k earlier this month. Ahead of talks, crypto analysts noted: Bitcoin could hit $80k if a deal is struck, or slide to $65k if negotiations break down. On the bullish front: On-chain wallet data shows the largest Bitcoin whale has been steadily buying amid peak geopolitical tensions, not selling. The reasoning: Escalating conflict could disrupt Persian Gulf oil supplies, pushing oil prices higher, reigniting inflation, and prompting the Fed to delay rate cuts—scenarios where scarce assets like Bitcoin and gold typically outperform. Bearish take: Gold trader and long-time Bitcoin skeptic Peter Schif

April 12 — The Middle East situation worsened sharply over the weekend, following a brief ceasefire cooling-off period. ### Key Developments: - **U.S.-Iran Talks Collapse**: 21-hour negotiations ended in deadlock after Iran rejected the U.S.-proposed “no nuclear weapons development” clause. - **Ambiguous Dialogue End**: U.S. Vice President Vance announced the talks’ conclusion with vague wording. - **Trump’s Attack Pause Nears End**: His declared two-week attack suspension is winding down with no clear outcome. - **Hormuz Strait Dispute**: A U.S. destroyer claimed the first post-conflict transit of the Strait of Hormuz — a claim Iranian officials immediately denied, signaling ongoing information warfare. ### Market Outlook for Next Week: Geopolitics will dominate sentiment; any Hormuz-related news could trigger asset price swings. Beyond geopolitics, the macro calendar focuses on two critical themes: 1. **Fed Policy Signals**: Speeches by Fed officials (includin