At close, the Shanghai Composite Index was up 0.03%, the Shenzhen Component Index was down 0.58%, and the ChiNext Index was down 0.68%.

Four hours ago, whale 3ps78 deposited 1,485 BTC (~$138.83M) to Binance. The average entry price for those BTC was $73,140. If sold all at the current price, they would realize a profit of approximately $30.21M.

🚨China's Foreign Ministry: US tariff 'tsunami' disrupts WTO rules, harms people of all countries.

🚨China's Commerce Ministry: Any content about China-US economic and trade negotiations is 'groundless and has no factual basis'

🚨China's Commerce Ministry: Any negotiation needs to be conducted on the basis of mutual respect and equality.

LVRG Research's Nick Ruck: The recent inflows of Bitcoin ETF signal a renewed investor confidence in Bitcoin’s store of value proposition.

🚨LVRG Research's Nick Ruck: We could expect to see Bitcoin align with the growth of gold in the foreseeable future. [with gold over 2 standard deviations away from its 200DMA who wouldn't]

China's Commerce Ministry: If the US really wants to resolve the issue, it should lift all unilateral tariff measures against China.

The April options for Bitcoin (BTC) and Ethereum (ETH) are set to expire at 4 PM this Friday (April 25). As of now, $7.2 billion in BTC positions will have expired. The current put/call ratio stands at 0.73, with the maximum pain point at $85,000. At the current BTC price of $92,300 call option buyers would secure a huge win.

MUFG: Despite the recent volatility, gold’s record-breaking rally is far from over. Gold will continue to serve as a hedge against geopolitical and financial risks. Central bank and ETF demand will also support gold prices, especially if interest rates are cut.

🚨Since the tariff order issued on April 2, BTC has been the only major asset to float higher in positive territory.

🚨PBOC: Will conduct 600 billion yuan Medium-term Lending Facility (MLF) operation Friday, one-year term; 100 billion yuan MLF matures this month. [Buy BTC!]

Morgan Stanley: Market sentiment has improved significantly in response to US President Donald Trump's statement that he may significantly reduce tariffs on China and US Treasury Secretary Scott Bassett's comments that he expects US-China tariff tensions to ease in the near future. If the tariff war really recedes, it will be a major positive for China's stock market.

Macquarie: China's next round of economic stimulus to be reactive rather than proactive. Still too early for Beijing to fully commit to a comprehensive stimulus plan. Policymakers will likely respond to the actual impact of tariffs, rather than just the news of tariffs.

SPX underperforms global peers amid tariff turmoil

🚨ECB’s Lane: The US is an important trading partner, but not only partner.

The Vickers insider sell/buy ratio, which tracks corporate insider transactions, shows insiders are buying. [when it's time to buy, you don't want to buy. BTFD!]

🚨PayPal and Coinbase expand partnership to boost PYUSD adoption. Users can make fee-free PYUSD transactions and redeem 1:1 for USD. Innovative payment solutions and DeFi applications are being explored. -announcement