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07:19
Privy launches advanced API Wallet Actions to simplify on-chain transfers, swaps, and yield
Foresight News reported that the privacy wallet infrastructure platform Privy announced on Twitter that it has launched Advanced API Wallet Actions to simplify common on-chain operations, including transfers, swaps, and yield earning. Developers only need to call a single endpoint, and Privy will automatically handle transaction construction, execution, and cross-chain gas fee payments.
07:12
Shorting Gold | Gold Prices Continue to Face Downward Pressure due to Both Technical and Fundamental Bearish Factors
According to Hyperliquid data, GOLD/USDC perpetual contracts are quoted at $4,633.7, down approximately 1.71% in the past day. From the annual high near 5,464, it has fallen sharply by more than 15%. Currently, the price is running below multiple moving averages, the MACD remains in a death cross, and it shows a secondary downward trend after low-level consolidation. Technical analysis: Gold has been fluctuating and dropping all the way from the high, reaching a minimum of 4,123.2. Although there has been a rebound, the strength is limited. Recently, it has formed lower highs and lower lows, forming a complete bearish structure. Long-term moving averages are providing significant resistance, and there is a high probability that rebounds will face obstacles and fall back. Fundamental and news analysis: The US Dollar Index is staying near the high of 98.5. Real yields have risen due to heightened inflation expectations, increasing the opportunity cost of holding non-interest-bearing gold. US-Iran negotiations remain deadlocked, and geopolitical risks have raised oil prices and inflation concerns, which, in turn, reinforce the Federal Reserve's expectations for "higher for longer" interest rates. In this week's FOMC meeting, it is highly likely that rates will remain unchanged. The market has further revised down the expected number of rate cuts in 2026, and the continued hawkish signals are keeping gold prices under pressure. Trading view: The combination of technical downtrend and negative fundamentals makes it suitable to short gold.
07:11
Polymarket launches new market: "Elon Musk wins at least $10 billion settlement from Altman/OpenAI"
Polymarket has launched a new market titled "Elon Musk wins at least 10 billion dollars settlement from Altman/OpenAI", with the current probability for "Yes" at 14%. The contract rules for this event are as follows: By 11:59 PM Eastern Time on December 31, 2026, if Elon Musk's lawsuit against Altman (Case No. 4:24-cv-04722-YGR, U.S. District Court for the Northern District of California) results in a jury verdict, court ruling, or settlement awarding at least 10 billion dollars in cash or equivalent compensation during the initial trial phase, the market will resolve to "Yes"; otherwise, it will resolve to "No". If the case is dismissed, the initial trial does not reach the compensation threshold, or only non-monetary relief is awarded, all will be considered "No". Retrials and appeals are not included in this market. The primary basis for determining the outcome will be official information from the U.S. court system, with significant consensus reports from reputable media also considered. The Elon Musk versus OpenAI lawsuit began jury selection on April 27 local time, with both parties escalating their confrontation publicly on the X platform before the trial. OpenAI stated the lawsuit is groundless, while Elon Musk repeatedly criticized Sam Altman, referring to him as "Scam Altman". The core issue revolves around disputes over OpenAI's shift to a for-profit model. Elon Musk accuses OpenAI of violating its original non-profit commitment and is seeking up to 134 billion dollars in damages, as well as requesting the removal of the for-profit structure and the dismissal of relevant executives. The process of determining liability is expected to continue until mid-May.
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