According to Huoxun Finance, at 23:32, 355.36 BTC (worth approximately $23.78 million) were transferred from an anonymous address starting with bc1qfz68v... to another anonymous address starting with bc1qyf9jv...

According to Huoxun Finance, the swing trading whale "pension-usdt.eth" is currently shorting 1,000 BTC with 3x leverage at an average entry price of $67,992.1; and shorting 20,000 ETH with 3x leverage at an average entry price of $2,131.94, for a total unrealized profit of $2.6 million.

Odaily Planet Daily reports that the United States has doubled its commitment to provide reinsurance guarantees for ships willing to transit the Strait of Hormuz to $40 billion, and introduced new insurance partners including AIG and Berkshire Hathaway. The U.S. International Development Finance Corporation (DFC) announced a $20 billion reinsurance program last month. Today, the agency said that Travelers Insurance, Liberty Mutual, Berkshire Hathaway, AIG, Starr, and CNA will join Chubb Insurance to provide an additional $20 billion in reinsurance support for their maritime facilities. DFC CEO Ben Black stated in a press release, “These leading U.S. insurers bring extensive experience in maritime and maritime war insurance underwriting, enhancing our efforts to restore confidence in maritime trade.” The agency also stated that it will work with its insurance partners to determine which ships are eligible for reinsurance. To qualify, applicants must provide information including the ship’s place of origin and destination, the principal beneficial owner and their location, the cargo owner and their location, and information on the lenders financing the ship. (Jinshi)

According to Huoxun Finance, Charles Schwab will soon launch cryptocurrency trading on its investment platform, currently pursuing a strategy to create a "super app" or "all-in-one platform." Crypto-native platforms like Coinbase have already achieved this goal, while online brokerages, previously known for their innovation, have been slow to progress on this concept. Schwab's new cryptocurrency account will initially support Bitcoin and Ethereum trading, gradually expanding its presence in the crypto space. The company previously launched a cryptocurrency-themed exchange-traded fund (ETF) after approval from the U.S. Securities and Exchange Commission (SEC). Initially, Schwab's cryptocurrency account will cover all U.S. states except New York and Louisiana, and the platform will be developed in-house.

According to Odaily Planet Daily, Bitcoin treasury companies are taking two different paths under continued market pressure: Strategy is maintaining its massive BTC reserves, while Nakamoto Holdings is selling Bitcoin at a loss to adjust its balance sheet. In March, Nakamoto Holdings sold approximately 284 Bitcoins (at about $70,400 each), below historical cost, raising approximately $20 million for working capital and M&A-related investments. The company's BTC holdings decreased to around 5,000, accompanied by a reduction in its stake in the Japanese company Metaplanet, reflecting the asset restructuring of digital asset treasury companies under pressure. In contrast, Strategy has suspended purchases but still holds approximately 762,000 BTC, maintaining its position as the largest corporate Bitcoin holder, indicating that some companies still view BTC as a long-term reserve asset. Furthermore, New Hampshire's proposed Bitcoin-backed municipal bonds have received a Moody's Ba2 speculative-grade rating and are expected to raise $100 million for public infrastructure construction, representing an attempt to combine digital assets with public financing. Digital asset management firm CoinShares, through its merger with SPAC Vine Hill Capital and subsequent Nasdaq listing, has provided public market investors with access to crypto asset products and infrastructure, further driving the development of crypto companies listed in the US market. (Cointelegraph)