News

Glonghui, April 13 — Before the US stock market opened, precious metals concept stocks fell: Newmont Mining dropped 2.4%, Coeur Mining dropped 2.4%, Pan American Silver fell 1.7%.

```htmlGolden Ten Data reported on April 13 that the European Commission will propose lowering energy taxes and grid fees to promote the adoption of clean energy technologies, while alleviating the impact of soaring oil and gas prices. According to informed sources, on April 22, the EU’s executive body will publish a policy document outlining measures aimed at reducing the effects of persistently rising fuel prices on businesses and consumers. During the Iran war, the effective closure of the Strait of Hormuz has intensified concerns about persistently high energy prices. According to a report from the Jacques Delors Institute, since the outbreak of the Iran war, 22 EU member states have introduced more than 120 separate measures, spending over €9 billion (about $10.5 billion) to mitigate the impact of rising energy prices. Additionally, an extra cost of €13 billion has been incurred due to increased expenses from imported fossil fuels.```

BlockBeats News, April 13th, according to an exchange data, RAVE surged above $10, with a 24-hour gain of 241.35%. The total value locked in RAVE contracts across the network liquidated $17.67 million within 12 hours, ranking first in the network. Previously, according to EmberCN monitoring, the RAVE "whale" manipulated the spot price, then used contracts to harvest gains, and recently used on-chain activities to "confuse" users: over the past 3 days, they transferred 30.58 million RAVE to Bitget, worth $42 million, to attract short positions. Subsequently, in the last 2 days, they withdrew 31.94 million RAVE from Bitget back to on-chain wallets, while orchestrating a significant surge in RAVE's spot price on platforms like Bitget.