1. Middle East Situation (US-Iran Negotiations)

On April 12, after mediation by Pakistan, the intensive 21-hour negotiations between the US and Iran in Islamabad officially broke down, with no agreement signed.
Core disagreements: control of the Strait of Hormuz (Iran wants to lead toll collection, the US demands free passage), uranium enrichment rights, lifting sanctions and asset freezes.
Both delegations have gradually left Pakistan, and there is no schedule for the next round of talks.
The US military simultaneously announced mine clearance operations in the strait, Israel stated it will continue to target Iranian proxies, the ceasefire window has expired, and the situation is tightening.

2. Cryptocurrency Market

On April 12, Bitcoin sharply plunged, briefly falling below $71,300, down over 2% intraday.
Ethereum, SOL, Dogecoin, and others also declined simultaneously.
In the past 24 hours: over 106k traders were liquidated, totaling $306 million.
The market is affected by the breakdown of US-Iran negotiations and macroeconomic data uncertainties, with risk aversion increasing.

3. Other Important News

Domestic: Five departments regulate AI anthropomorphic services, banning virtual companions for minors.
Technology: Yushu H1 humanoid robot runs at 10 m/s, breaking the world record.
Energy: International gold prices rise, New York gold futures break through $2,400 per ounce. #Gate上线Pre-IPOs $ETH