Gate.io Launches INIT Perpetual Contract Pre-trading

April 9: Iranian Ambassador to Pakistan Syed Mohammad Ali Hosseini said in a social media post that an Iranian delegation will arrive in Islamabad the evening of April 9 for serious talks on Iran’s 10 proposed ceasefire terms—despite repeated Israeli violations of the ceasefire agreement. The trip comes at the invitation of Pakistani Prime Minister Shehbaz Sharif. (Xinhua International)

**Bitcoin Rallies 6% in 4 Hours on US-Iran Ceasefire, $280M in Shorts Liquidated** April 9 (yesterday) – Bitcoin surged 6% within four hours, driven by a global stock market rally following a two-week ceasefire agreement between the U.S. and Iran. The jump triggered the liquidation of $280 million worth of Bitcoin short positions. Analysis shows open interest rose 2.5% to 593,930 BTC, but the derivatives market lacks meaningful bullish momentum, with no significant position shifts. Bears show no eagerness to close out positions, per the data. Inflation pressures persist: Brent crude holds at $95 per barrel, well above the $72 level seen at the end of February. Critically, the two-week ceasefire is not a long-term solution, leaving open the risk of a Bitcoin pullback to $68,000. (Source: Cointelegraph)

April 9 — Base has unveiled the selection list for its Batch 003 accelerator program, featuring 12 projects: AI agent infrastructure Blockrun.ai, prediction market Stealth, AI agent payment infrastructure 4Mica, privacy-focused perpetual DEX OPAL, gamified social prediction platform Onsight, collateral-free lending protocol Credifi, asset-backed stablecoin lending platform Tomorrow, AI-coordinated transaction execution routing layer Agently, on-chain forex hedging platform Nivo, opinion market JPEG App, credit service for AI agents and institutions Floe Labs, and digital bank Liminal. Selected teams will receive exclusive mentorship, resource support, and funding opportunities from Base. The program’s final Demo Day is scheduled for May 19 in San Francisco.

On April 9, Bitunix has finalized adjustments to risk limits for multiple traditional financial perpetual contracts, lifting the maximum leverage for popular underlying assets to 50x. The updates cover a range of widely traded assets: AAPL, AMZN, COIN, CRCL, GOOGL, HOOD, META, MSFT, MSTR, NVDA, PLTR, QQQ, SPY, and TSLA. Risk limits across each leverage tier have been precisely optimized simultaneously, sharply enhancing capital efficiency and position-holding capacity—delivering more flexible trading space for professional and strategic traders. These changes apply to both new position openings and existing positions. Users are advised to keep an eye on shifts in their position risk.

On April 9th, in a CNBC interview, Tom Lee noted that last week’s U.S.-Iran conflict escalation and rising oil prices did not trigger a stock market downturn—calling this a positive “decoupling” sign: negative risks were already priced in, and the market shows resilience. Historically, stocks tend to bottom out early in a war, not waiting for hostilities to end. Additionally, 70% of S&P 500 components have seen a “rolling bear market,” with most individual stocks or sectors undergoing sharp adjustments. Selling pressure is largely exhausted, and positions have already been reset—meaning the market’s worst-case scenario is likely past, leaving more upside room. Lee again reaffirmed his bullish stance on: - Ethereum and other leading cryptocurrencies; - The Magnificent 7 (Mag 7); - Tech, industrial, and mid-cap stocks.