Chinese Foreign Ministry: China Strongly Opposes US Slander and Smear Campaign Against China's Artificial Intelligence Industry Development Accomplishments

April 24 – The People’s Bank of China (PBOC) and eight other government agencies have jointly released the **Administrative Measures for Online Financial Product Marketing**, which will take effect September 30, 2026, to comprehensively regulate the online marketing of financial products. A core rule prohibits any institution or individual from providing online marketing services or related facilities for illegal financial activities. Illegal financial activities are defined as engaging in financial services (including currency, payments, deposits, lending, insurance, securities, funds, futures, and foreign exchange) without authorization from financial regulators or in violation of national financial regulations. These include—but are not limited to—illegal fundraising, unapproved securities/futures activities, illegal deposit taking, unauthorized lending, virtual currency issuance and trading, illegal foreign exchange margin trading, and overseas entities offering financial ser

April 24 – Israel’s Channel 12 News reports that the Israeli Defense Minister has identified targets in Iran for potential strikes, building on prior operations with a focus on inflicting significant economic damage rather than just military impact. Should hostilities with Iran resume, Israel’s goal is to carry out a debilitating strike targeting primarily infrastructure and the energy sector. Israel increasingly assesses the two sides are moving closer to a resumption of hostilities. President Trump’s final stance on the Iran issue is expected to be clarified early next week. (Forex)

On April 24, Intel reported Q1 2026 financial results that blew past Wall Street expectations: - Revenue: $13.6 billion (7% year-over-year growth, 11% above consensus estimates) - Non-GAAP earnings per share (EPS): $0.29 (29x analysts’ $0.01 forecast—rare deviation for large-cap stocks) Following the release, Bitget data shows Intel’s pre-market trading price surged over 24% to $83.27. The U.S. government’s stake in the company now has an unrealized gain of more than $27.1 billion. That position traces to an August 2025 transaction: the Trump administration converted $8.9 billion in “Chip Act” appropriations and Secure Enclave funds into 433.3 million Intel shares at $20.47 apiece, securing a ~9.9% ownership stake. At Friday’s $83.27 pre-market price, the stake is valued at roughly $36 billion—tripling in value in less than a year. The U.S. also holds warrants to buy an additional 5% of Intel’s shares at $20 each, with those options currently deep in the money.

On April 24th, Bitget market data shows pre-market trading for crypto-related U.S. stocks was broadly higher, with the following moves: American Bitcoin (ABTC) +2.38%; Robinhood (HOOD) +1.52%; MicroStrategy (MSTR) +1.05%; Gemini (GEMI) +0.92%; Circle (CRCL) +0.78%; Bitmain (BMNR) +0.75%; Coinbase (COIN) +0.74%.

April 24 — Iranian Vice President Ismail Saghapour Esfahani said Wednesday that Iran will retaliate strongly against any attack on its energy facilities, warning Tehran’s response will escalate and go beyond “an eye for an eye” if enemies miscalculate again. Speaking at a gathering in Eslamshahr, Iran, Esfahani noted that targeting any Iranian oil well would prompt Iran to strike the oil fields of the attacking country on its own territory. He also assured the public that Iran is fully prepared to maintain energy supplies, with finalized arrangements in the energy and power sectors to allay concerns. (CCTV News)

April 24 — Glassnode data reveals a whale on the Hyperliquid platform continues to build long positions, wagering Bitcoin will break out of its consolidation range. Over the past two months, the whale’s confidence and long exposure have steadily risen, signaling strong bullish sentiment among major perpetual contract traders.