24H Hot Tokens and Key News｜Next Round of US-Iran Talks Date Yet to Be Determined; Claude Opus 4.7 Officially Released (April 17)
- Core Viewpoint: This article summarizes cryptocurrency market data, industry developments, and regulatory progress, indicating market focus is concentrated on Meme coins and specific tokens. Meanwhile, the advancement of US crypto regulatory bills and the rapid development in the AI field have become key industry focal points.
- Key Elements:
- Market data shows significant gains for tokens like ORDI, with ORDI's 24-hour increase reaching 168.58%, accompanied by approximately $20.96 million in liquidations, indicating high market volatility.
- JPMorgan analysis indicates that negotiations for the US "CLARITY Act" have entered the final stage, with contentious points narrowed down to 2-3. Its passage would provide a crucial regulatory framework for digital assets.
- A Stanford report shows that the overall electricity demand of current AI systems is already close to half the scale of Bitcoin mining, highlighting the substantial energy consumption of AI development.
- Decentralized exchange Drift Protocol received $147.5 million in support from Tether and others to establish a recovery pool to address previous attack losses of approximately $295 million.
- The regulatory jurisdiction dispute between prediction market platform Kalshi and the state of Nevada may escalate to the Supreme Court, with the focus being whether its products constitute "swaps" regulated by the CFTC.
1. Hot Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Changes:
- BTC: +0.53%
- ETH: -0.23%
- BARD: +3.5%
- SOL: +4.87%
- ORDI: +168.58%
- XRP: +3.22%
- DOGE: +4.78%
- XAUT: -0.9%
- PEPE: +7.77%
- Binance Life: -2.66%
24-Hour Top Gainers (Data Source: OKX):
- ORDI: +168.58%
- BASED: +131.94%
- SATS: +74.85%
- PNUT: +44.01%
- NEIRO: +39.36%
- DYDX: +36.75%
- VINE: +31.76%
- IP: +31.11%
- OL: +31%
- HMSTR: +26.96%
24-Hour Top Gainers for Tokenized Stocks (Data Source: msx.com):
- AXTI.M: 28.4%
- BKSY.M: 19.38%
- SIDU.M: 18.85%
- ALB.M: 16.89%
- PL.M: 15.72%
- FLY.M: 15.63%
- ANTA.M: 15%
- IRDM.M: 14.38%
- SGML.M: 14.22%
- RDW.M: 12.21%
2. On-Chain Hot Memes (Data Source: GMGN):
- Solana: unc, DUMBMONEY
- BSC: BNTI, Old Deng
Headlines
Trump: Iran Has Agreed They Will Not Have Nuclear Weapons
Odaily News: US President Trump stated: We have a very strong statement that Iran must not possess nuclear weapons for 20 years and beyond. (Jin10)
Pakistan Foreign Ministry: Date for Next Round of US-Iran Talks Not Yet Set
Odaily News: Pakistan's Foreign Ministry stated: The date for the next round of US-Iran talks has not been determined yet. (Jin10)
Odaily News: An Iranian senior official stated: After the visit of Pakistani military officials, hopes are greater for extending the US-Iran ceasefire and holding a second round of negotiations. Fundamental differences on the nuclear issue remain. (Jin10)
Trump: Lebanon and Israel Agree to 10-Day Ceasefire Starting at 5 PM ET
Odaily News: Trump stated: Lebanon and Israel have agreed to a 10-day ceasefire starting at 5 PM Eastern Time.
Odaily News: According to official information, the latest model Claude Opus 4.7 is now fully open. This model shows significant improvements over Opus 4.6 in advanced software engineering, capable of handling complex long-range tasks and performing self-output verification. Opus 4.7 supports higher-resolution image processing, with the long side reaching up to 2576 pixels. In terms of safety, the model has built-in protections for automatically detecting and blocking non-compliant cybersecurity requests and has launched a web verification program. Opus 4.7 is now available on platforms including the API, Amazon Bedrock, and Google Cloud Vertex AI, priced at $5 per million input tokens and $25 per million output tokens, maintaining the same pricing as Opus 4.6.
Odaily News: Drift stated in an official blog post that Drift Protocol has secured support from Tether and other partners, with Tether planning to contribute $127.5 million and other partners planning to contribute $20 million to support user recovery efforts following the April 1st attack. This support package includes a $100 million revenue-linked credit line, ecosystem grants, and loans to market makers. Drift will establish a dedicated user recovery pool, aiming to gradually address the $295 million in outstanding user losses as trading revenue grows. Additionally, Drift will issue independent recovery tokens to affected users, representing claims on the recovery pool and being transferable. Drift is currently working on protocol restart, has engaged Ottersec and Asymmetric for audits, and is migrating the settlement layer from USDC to USDT. The previous attack resulted in the theft of assets worth approximately $295 million, with insurance fund assets unaffected.
Industry News
Iranian Media: Iran Plans for Strait of Hormuz Transit Fees to be Paid Through Iranian Banks
Odaily News: According to the Iranian Students' News Agency: A parliamentary official stated that Iran plans for transit fees levied on the Strait of Hormuz to be paid through Iranian banks. (Jin10)
Kalshi Regulatory Dispute Escalates, Could Ultimately Reach US Supreme Court
Odaily News: The US Ninth Circuit Court of Appeals has held oral arguments in the dispute between Kalshi and Nevada over regulatory authority for prediction markets, with legal circles expecting the case could ultimately be submitted to the US Supreme Court for a ruling.
The core dispute centers on whether the event contracts offered by Kalshi constitute "swap" products that should be regulated by the US Commodity Futures Trading Commission (CFTC). Nevada argues it needs a gambling license to operate, while Kalshi contends that state-level gambling regulations should not apply. Previously, a federal court in Arizona blocked the state from taking action against Kalshi under gambling laws. (Cointelegraph)
Charles Schwab Officially Launches Spot Cryptocurrency Trading Service
Odaily News: Charles Schwab officially launched its Schwab Crypto spot cryptocurrency trading service on April 16th. The service will be rolled out in phases to retail clients over the coming weeks. It supports direct trading of Bitcoin and Ethereum, accompanied by educational content and professional customer support, while also integrating with Schwab's existing investment, trading, wealth management, and banking service systems.
JPMorgan: CLARITY Act Negotiations Enter Final Stage, Disputed Issues Reduced to 2-3
Odaily News: JPMorgan analysts stated that negotiations for the US Cryptocurrency Market Structure Act (the CLARITY Act) have entered the final stage, with both sides working to reach a compromise on the remaining few points of contention. The number of disputes has been reduced from over a dozen to 2-3 core issues, with discussions on stablecoin rewards reportedly "in good shape." While banks have expressed concerns about stablecoins offering deposit-like yields, there is an overall bipartisan compromise trend. JPMorgan believes "there is no perfect bill," and once passed, the act will provide crucial regulatory clarity for integrating digital assets into the US financial system.
The Cryptocurrency Market Structure Act is currently in advanced negotiations in the US Senate. Senate staff have stated the draft is "very close" to being resolved, but a final text has not been released, nor has a formal vote been scheduled. Remaining major disagreements focus on stablecoin rewards, DeFi regulation, and token classification. While optimism is rising, the bill still faces the risk of delay due to the 2026 midterm elections, potentially entering a more uncertain political environment. If ultimately passed, the bill would delineate regulatory authority between the SEC and CFTC, providing a long-term regulatory framework for stablecoins, DeFi, and the broader crypto industry. (CoinDesk)
Stanford Releases 2026 AI Index Report: AI Power Demand Already Half of Bitcoin Mining
Odaily News: Stanford University's "2026 AI Index Report" shows that the overall electricity demand of current AI systems is already close to half the scale of Bitcoin mining and approaches the national electricity consumption levels of Switzerland or Austria.
The report indicates that the gap in AI model capabilities between the US and China is narrowing. In 2025, the US released about 50 notable models, while China released about 30, with models from institutions like Anthropic, xAI, Google, OpenAI, Alibaba, and DeepSeek being in the same capability tier.
Furthermore, China leads in terms of AI paper citation share (20.6%) and patent numbers (74.2%), while US private AI investment reached $285.9 billion, significantly higher than China's $12.4 billion.
Odaily News: The "internet-famous shoe" brand Allbirds announced a pivot to the AI infrastructure track, rebranding as NewBird AI and positioning itself against CoreWeave in GPU computing power. Its stock price surged nearly 600%, but several industry insiders issued warnings. FifthVantage CEO Matt Domo stated that Allbirds' AI transformation appears more like a tactic to boost its weak stock price, and investors should beware of "AI washing," where companies exaggerate or even fabricate their AI capabilities for marketing. Additionally, companies attempting aggressive pivots to catch hot trends is not without precedent, as many tried to ride the blockchain wave from late 2017 to early 2018.
Georgetown University McDonough School of Business Associate Professor Jason Schloetzer pointed out that the initial $50 million funding round is "minuscule compared to the actual investment required to become a service provider of this kind." However, from a more optimistic perspective, the influx of new players into the AI field may also reflect "sustained enthusiasm" for market growth.
Seaport Research analyst Jay Goldberg believes it's hard to imagine a "latecomer" company like Allbirds being able to offer competitive products or services in this field. (Marketwatch)
Binance USD1 Holding Subsidy Campaign Extended to May 15, Adds $15 Million WLFI Token Prize Pool
Odaily News: Binance officially announced on X that the USD1 holding prize pool campaign will be extended until May 15th, 8:00 AM Beijing Time. Eligible USD1 holding users will share a WLFI prize pool worth $15 million, with rewards still distributed every Friday.
Project News
Odaily News: Kalshi has launched a 24/7 commodities market, offering price prediction services for commodities including crude oil, diesel, gold, silver, copper, lithium, natural gas, sugar, soybeans, wheat, corn, coffee, cocoa, and live cattle.
Uniswap Developer Platform Officially Launches
Odaily News: The Uniswap Developer Platform has officially launched. The platform provides developers with a new documentation website, an AI toolkit, an API Playground, and technical guides. Additionally, the Uniswap API has added Liquidity Provider (LP) endpoints, allowing developers to directly create, adjust positions, and withdraw fees via the API. The API currently supports 10 million assets across 18 chains, with routing speeds around 200 milliseconds and a fill rate exceeding 97%. In the future, the platform plans to introduce dashboard analytics to track API integration performance and provide on-chain operation combination paths, supporting cross-chain token swaps and bridging. The API is currently free to use.
Odaily News: Blockworks data shows that demand for Pre-IPO stock tokens is climbing. The total market capitalization of Pre-IPO stock tokens on the PreStocks platform has exceeded $17 million, growing more than fivefold in less than a year. Trading volume has also surged significantly during the same period, with the most recent week's volume exceeding $95 million, setting new records for five consecutive weeks.
Odaily News: Coinglass data shows that ORDI's network-wide liquidation amount in the past 24 hours is approximately $20.96 million, ranking third network-wide. Long position liquidations account for about $4.91 million, while short position liquidations account for about $16.05 million.
Odaily News: According to Arkham monitoring, trader @fibonacki purchased 37.45% of the total supply of the Solana ecosystem Meme coin 'unc' when its market capitalization was only $6,000, subsequently airdropping 33.85% of the supply to over 2,000 on-chain addresses, including several well-known traders. This airdrop is currently worth approximately $6.4 million, with the largest portion, a 1% share airdropped to 22 traders, worth nearly $200,000.
Funding
On-Chain Lending Platform Votre Completes $3.75 Million Seed Round Led by a16z CSX
Odaily News: On-chain lending platform Votre announced the completion of a $3.75 million seed funding round led by a16z's crypto startup accelerator a16z CSX, with participation from MaC Venture Capital and a group of angel investors. The company currently operates a non-custodial cryptocurrency lending platform based on the Base Layer 2 network, helping cryptocurrency holders obtain liquidity without selling assets. The new funds will be used to expand Votre's technical infrastructure and enhance the functionality of its lending platform. (Vctavern)
Regulation & Policy
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