Tao 24h Price Change -13.11%, Covenant AI Exits Bittensor Network

On April 10, three U.S. senators questioned former President Donald Trump’s use of a luncheon event as a lure to promote TRUMP coin purchases by offering preferential treatment to attendees, per Politico. Sens. Elizabeth Warren, Adam Schiff and Richard Blumenthal sent a letter to event organizers requesting documents to clarify Trump’s role in planning, promoting the April 25 Mar-a-Lago gathering, and any potential profits tied to it. The event was restricted to investors holding TRUMP tokens ranked in the top 297. Notably, Trump was also scheduled to attend the White House Correspondents’ Association (WHCA) dinner in Washington, D.C., the same day—raising questions about his ability to attend both. The event’s terms acknowledged Trump “may not be able to attend,” yet organizers still used “contact with the president” as a selling point, the senators noted. They argued this effectively encouraged meme coin purchases to benefit Trump and his family.

April 10 — Per Farside Investors monitoring, U.S. Bitcoin spot ETFs posted a net inflow of $358.1 million yesterday. Here’s the breakdown by fund: - BlackRock IBIT: +$269.3 million - Fidelity FBTC: +$53 million - Bitwise BITB: +$11.7 million - ARK ARKB: +$4.8 million - Franklin EZBC: +$2.1 million - VanEck HODL: +$2 million - Morgan Stanley MSBT: +$14.9 million Separately, U.S. Ethereum spot ETFs recorded a net inflow of $85.2 million yesterday. Fund-level details: - BlackRock ETHA: +$90.9 million - BlackRock ETHB: +$13.7 million - Fidelity FETH: -$21 million - 21Shares TETH: -$5.5 million - Franklin EZET: -$1.7 million - Grayscale ETHE: -$0.9 million - Grayscale Ethereum Trust: +$9.7 million

April 10th — Per monitoring from The Data Nerd, a wallet potentially tied to Matrixport opened two long positions on ETH and BTC last month, totaling approximately $197 million. The address currently holds around $5 million in unrealized profits and still maintains those positions.

On April 10, TradeXYZ announced the listing of KR200, with support for up to 20x leverage. The Korea 200 (KR200) is a Korean Won (KRW)-denominated, market-cap-weighted index tracking the top 200 leading stocks in Korea, serving as one of the primary benchmarks for the Korean stock market. Its associated oracle directly tracks the index’s KRW-denominated portfolio without currency conversion. As a quanto derivative, KR200’s KRW profits and losses (P&L) will settle in USDC.

April 10 — Iran’s Tasnim News Agency, citing an informed source, reported Wednesday that Foreign Minister Araghchi and Parliament Speaker Kalbasi have not left Iran. Both senior officials remain in Tehran and are actively fulfilling their national duties amid the evolving regional situation. The source labeled as “completely false” claims that an alleged Iranian negotiation team arrived in Islamabad, Pakistan, to meet with U.S. officials. “As long as the U.S. fails to honor its commitment to a ceasefire in Lebanon and the Zionist regime continues its attacks,” the source emphasized, “negotiations will stay stalled.” Earlier, The Wall Street Journal had reported the Iranian delegation landed in Islamabad on Thursday night.

On April 10, the U.S. Department of Labor will release March U.S. CPI data tonight at 8:30 PM Beijing time. The report includes the unadjusted March CPI year-over-year (YoY), adjusted CPI month-over-month (MoM), adjusted March core CPI MoM, and unadjusted core CPI MoM—this release could spark market volatility.