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On April 5, Iran’s Tasnim News Agency cited the Islamic Revolutionary Guard Corps (IRGC) as saying a US military aircraft was shot down in Isfahan Province while searching for a pilot.

On April 5th, U.S. President Donald Trump stated: "The U.S. military has pulled off one of the most daring rescue operations in American history. We’ve rescued one of our incredible aircrew members. At my direction, the military deployed dozens of fighter jets carrying the world’s ‘most lethal weapon’ to retrieve our missing pilot. He was injured but will make a full recovery."

April 5 — Al Jazeera reports a U.S. official has stated the second crew member aboard the downed F-15E fighter jet was rescued after "intense fighting."

April 5 (Axios) — Over the past 10 days, the U.S. and Iran have held indirect talks via Pakistan, Egypt and Turkey aimed at a ceasefire deal tied to reopening the Strait of Hormuz, but no substantive progress has been made to date. Lead negotiators include U.S. Vice President Vance and Iranian Parliament Speaker Kalibaf, with Pakistani Army Chief General Asim Munir serving as mediator. White House envoy Witkoff and the foreign ministers of Iran, Pakistan, Turkey and Egypt have also joined the discussions. Two sources briefed on the talks said mediators are still pushing to arrange a direct U.S.-Iran meeting, but progress has been minimal. One source noted Iran has rejected all temporary ceasefire proposals so far, demanding a permanent end to the conflict and explicit U.S. assurances against future attacks. Mediators are now weighing confidence-building measures to clear the path for direct talks, though it’s unclear if progress will be made ahead of Monday’s deadline.

On April 5th, data from Farside monitoring shows U.S. Bitcoin spot ETFs posted a cumulative net inflow of $22.2 million this week, while Ethereum spot ETFs recorded a net outflow of $42.1 million.

April 5th — Market sources report that a preliminary probe into the Drift hacking incident has found team members were previously approached in person by a North Korean intermediary at a conference.