There is a lot to track in the gold market today. Prices hit a three-week high before pulling back slightly. This was all triggered by the ceasefire news between the US and Iran. Let’s look at what happened and what it means for Thai investors.

Gold Price Today, April 9, 2026

According to reports from CNBC, spot gold surged to a high of $4,857/ounce early Wednesday before dropping to close at approximately $4,755-$4,779. Today, prices continue to swing within the $4,650-$4,850 range. According to Trading Economics, gold has risen more than 8.5% since the beginning of 2026 and remains $1,674 per ounce higher than last year. Recent prices as of April 6-7 stood at $4,656-$4,672, according to Fortune.

Why Did Gold Surge 3% and Then Retreat in a Single Day?

This is a very interesting phenomenon. According to Mining.com, gold prices surged because Trump announced a 2-week ceasefire with Iran, which temporarily reduced concerns over high oil prices and inflation. The market shifted to expectations that the Fed might cut interest rates, which is bullish for gold. However, the reason prices retreated was the recovery of the US Dollar after investors reconsidered that this ceasefire remains fragile, and a strong Jobs Report of 178,000 positions led to market concerns that the Fed may not cut rates yet.

Edward Meir, an analyst at Marex, explained in the CNBC report that 'The ceasefire helps ease pressure temporarily, but there are still many points to negotiate. It could easily collapse, and that is a risk the market must be wary of.'

Factors Determining Gold Prices Right Now

• US-Iran ceasefire: If negotiations in Islamabad are successful, gold may continue to drop as inflation fears subside. However, if they fail, gold will surge once again.
• FOMC Minutes: According to FXStreet, the market is waiting for the FOMC minutes to see how the Fed views energy-driven inflation. If the Fed clears the path for rate cuts, gold will rise; if hawkish, gold will fall.
• US Dollar: Weak Dollar = Expensive Gold; Strong Dollar = Cheap Gold. Currently, the Dollar Index is around 98.80, which is weaker than usual, supporting the upside for gold.
• Central Bank Gold Purchases: According to LiteFinance, central banks worldwide, including China, continue to purchase gold, providing long-term structural support.
• Core PCE Today: The inflation figure favored by the Fed will be released today. If higher than expected, gold may face downward pressure.

Gold Price Targets from Major Institutions

According to Finance Magnates, target prices from leading financial institutions are as follows: Goldman Sachs sees a target of $5,400/ounce, JPMorgan looks as high as $6,300/ounce, and Wells Fargo has also set a target at $6,300/ounce. All parties agree that gold still has long-term upside despite short-term volatility from the Iran situation.

Thai Perspective — What Are the Impacts?

For Thais, the volatility in global gold prices affects everyone. Whether you hold gold jewelry or bullion at home, Thai gold prices move according to global gold and the Baht exchange rate. If global gold rises but the Baht strengthens, the gold price in Baht may increase less than expected. Conversely, the Baht remains volatile following the oil situation, making it difficult to assess accurately.

Additionally, high gold prices mean that gold jewelry becomes more expensive, which inevitably impacts the cost of living and business costs for the jewelry industry in Thailand.

Response Plan for Thai Investors

• If you already hold gold: Do not panic over daily volatility. The long-term targets from major institutions remain bullish. If you bought at a lower price, you are still in profit.
• If you want to buy more gold: Volatility is currently high. DCA (Dollar Cost Averaging—buying consistently in small amounts) is better than a large lump-sum purchase.
• If you want to trade short-term: SiamDEX offers GOLD and SILVER on Hyperliquid HIP-3, tradable 24/7 for both Long and Short positions. Fees are only 0.035% per trade, which is much cheaper than Thai gold shops. Most importantly, if news breaks late at night or on weekends, you can trade immediately without waiting for gold shops to open.
• Watch the Core PCE today: If it comes in higher than expected, it may be a moment for a short-term gold short; if lower than expected, it may be a moment to go long.

Conclusion — Where is Gold Heading Next?

In the short term over the next 2 weeks, gold will depend on the outcome of the US-Iran negotiations in Islamabad and US inflation figures. If negotiations succeed and inflation drops, gold may fall to test $4,460-$4,666. If negotiations fail or inflation surges, gold could snap back up to $5,000+. In the long run, the consensus remains bullish across all firms.

⚠️ DYOR — This article compiles information and analysis for decision-making purposes only and is not investment advice. Gold prices are highly volatile at this time; please study the information and assess your own risks before making any decisions.

Today, the oil market has taken a shocking turn. After WTI prices surged to a peak of over $117/barrel during the height of the U.S.-Iran conflict, prices have now plummeted by more than 15% in a single day. This marks one of the most severe bouts of volatility the oil market has seen in years.

WTI Oil Price Today, April 9, 2026

According to data from Trading Economics, WTI crude oil is priced at $97.21/barrel today, up 2.96% from yesterday after plunging over 15% to hit $95/barrel last Wednesday. Brent crude also dropped near $90/barrel before recovering. Per Investing.com, Goldman Sachs recently lowered its Q2 Brent target to $90/barrel and WTI to $87/barrel, reflecting analysts' growing belief that the crisis may be easing.

Why Did Oil Plunge 15% in a Single Day?

The primary cause is Trump’s announcement of a 'Double-sided Ceasefire', delaying attacks on Iranian energy infrastructure for two weeks. He noted that he received a 10-point proposal from Iran that serves as a basis for negotiation, and Iran agreed to temporarily open the Strait of Hormuz if the ceasefire succeeds. Additionally, reports indicate that VP JD Vance is leading a team to meet with Iranian officials in Islamabad this weekend. According to Trading Economics, the Strait of Hormuz, through which 20% of the world’s oil passes, remains the master key to this entire crisis.

Impact on Various Assets

The drop in oil prices immediately affected global financial markets. According to Investing.com, while WTI has fluctuated within a range of $91-$109 over the past 52 weeks, the trends are as follows:

• Energy Stocks (PTTEP, OR): Likely to decline in line with oil prices, as their revenue is directly linked to global oil market prices.
• Transport and Retail Sectors: Beneficiaries, as fuel costs decrease.
• Gold: Tends to soften alongside oil as inflation concerns diminish.
• Bitcoin and Crypto: Likely to recover if risk sentiment improves following the ceasefire news.
• Thai Diesel: If the situation continues to improve, pump prices for diesel could begin to decrease from the 47-50 Baht/liter range within the next 2-4 weeks.

Thai Perspective — What Are the Impacts?

For Thais, this oil crisis has direct impacts on several fronts. Diesel prices, which soared to 47-50 Baht/liter, may start to ease if negotiations are successful. The Fuel Fund, currently in deficit by over 49,000 million Baht, will face a lighter burden, and the cost of living—which rose 8-10% recently—has a chance to gradually decrease. However, this won't happen immediately, as product prices tend to adjust upward much easier than they do downward.

How to Trade Oil Online via SiamDEX

For traders looking to profit from oil price volatility, it is now very easy to do so without opening a foreign broker account. SiamDEX on Hyperliquid offers both CL (WTI Crude Oil) and BRENTOIL for 24/7 trading.

• Trade both Long and Short: If you believe negotiations will fail and prices will bounce back, you can open a Long position. If you think the ceasefire will succeed and prices will fall further, you can open a Short position.
• Trade Even When Stock Markets Are Closed: Oil news often breaks late at night or on weekends. SiamDEX is open 24/7 with no holidays.
• Low Fees: At 0.035% per trade, it is much cheaper than typical forex brokers.
• No KYC Required: Simply connect MetaMask and trade immediately; no document submission needed.
• Profits in USDC: Withdraw to Bitkub and convert to Baht instantly.

Conclusion — What to Watch Next?

The most critical variable this week is the outcome of the Islamabad meeting between JD Vance and Iranian representatives. If negotiations progress, oil could drop further to test $85-90/barrel. However, if they fail or if a new incident occurs in the Strait of Hormuz, prices could snap back to $110+. Furthermore, keep an eye on the FOMC Minutes from April 8 to see how the Fed views energy-driven inflation.

⚠️ DYOR — This article compiles information for decision-making purposes only and is not investment advice. Oil prices are extremely volatile at this time; please study the information and assess your own risks before trading.

Happy Monday! The crypto market opens the new week on a refreshing note after lingering in Extreme Fear for several days. There are several major news stories to keep an eye on today.

1. Bitcoin Bounces +2.6% to $68,900 — Total Market Surges to $2.45 Trillion

According to data from CoinGabbar, the overall crypto market recovered +2.2% today, with the total valuation reaching $2.45 trillion. This was led by BTC, which bounced 2.6% to $68,900, while ETH surged 2.92% to $2,122. SOL climbed 2.07% to $82.34. BTC Dominance remains strong at 56.6%. The Fear & Greed Index is still in the Extreme Fear zone at 13 but has improved compared to last week. SiamDEX traders who went Long on BTC since the beginning of the week are likely seeing handsome profits.

2. Goldman Sachs Views Bitcoin Near Bottom — Clarity Act Looming

According to a report from CryptoTicker, Goldman Sachs released an analyst note stating that BTC's 6-month downtrend may have ended. With BTC fluctuating around $67,000-$69,000, analysts see this as a springboard for the next bull run, especially if the Fed signals an interest rate cut. Furthermore, there is progress on the Clarity Act, a U.S. crypto bill that will clearly distinguish Digital Commodities from Digital Securities. If passed as planned, this will provide the regulatory clarity that institutional investors have long awaited.

3. Drift Protocol Confirms North Korea Behind $285M Hack

Update on the Drift Hack that occurred on April 1: According to TRM Labs, a blockchain intelligence firm, it has been confirmed that the attack likely originated from North Korean (DPRK) hackers. There are several clear signatures, including deployment timestamps matching 09:00 AM Pyongyang time, the use of Tornado Cash as a funding source, and social engineering patterns similar to last year’s $1.4B Bybit Hack. Shockingly, the attackers spent 3 weeks preparing since March 11 and were able to drain the funds within just 12 minutes once the actual attack began. The funds were transferred to Ethereum and converted into over 129,000 ETH.

4. PEPE Jumps 6.17% — Meme Coins Revive

According to data from CoinGabbar, meme coins are starting to show signs of life today, led by PEPE at +6.17% and MemeCore (M) at +6.51%. This signal often indicates that retail sentiment is improving, as meme coins typically rally shortly after BTC hits new highs. Traders holding long positions on SiamDEX should monitor whether BTC can hold above $68,000, as that is a critical key level.

5. Thai Cabinet Holds First Meeting April 6 — Eyes on Oil Price Structure

On the Thai side, the new Cabinet held its first meeting today, with a major agenda item being the oil price structure affecting everyone’s cost of living. The meeting’s outcome could impact diesel prices, which currently stand at 47.74 Baht/liter. If the government successfully implements measures to reduce refinery margins, pump prices could drop by 2-4 Baht/liter, providing significant relief to living costs. For traders looking to speculate on oil prices, BRENTOIL and CL remain tradable 24/7 on SiamDEX.

Short-term Outlook for the Week

Key factors to monitor this week include the FOMC Minutes on April 8, which will reveal the Fed’s interest rate direction, and the Beige Book on April 15. If the minutes lean dovish, BTC may test resistance at $70,000-$72,000. However, a hawkish tone could see it drop back to test $65,000. The market remains volatile; exercise caution and use low leverage.

⚠️ DYOR — This article is a news summary for informational purposes only and is not investment advice. Crypto trading involves high risk; please study the information and assess your own risks before making any decisions.

If you feel like your daily living expenses have become unusually expensive over the past month, you are not mistaken. Diesel prices, the "main lifeline" of the Thai transport system, have jumped exponentially since the Iran war broke out in late February, with no signs of stopping.

Key Figures — From Under 30 Baht to Over 47 Baht

According to data from Bangkok Insight, the price of Diesel B7 currently (as of April 3, 2026) stands at 47.74 Baht/liter. Before the Iran conflict erupted on February 28, the price was below 30 Baht/liter. There are also reports of a further increase of 2.80 Baht/liter coming this Sunday, April 5, which means diesel will hit 50 Baht/liter within this week. The Fuel Fund is currently in deficit by 49,403 million Baht and must continue subsidizing diesel by over 1,000–1,400 million Baht daily. Furthermore, according to a report by MM Thailand, diesel prices at refineries have surged by 138% since the closure of the Strait of Hormuz.

Which Stock Sectors are Affected?

According to analysis from CGSI (CGS International Securities), the impact is clearly divided into two sides:

• Negatively Impacted (Underperform): Transportation and Logistics (costs surging 20–25%), Retail and Consumer Goods (costs passed through to product prices), Food and Agriculture (transport costs for raw materials and products), Tourism and Airlines (fuel costs), and Real Estate and Construction (material and transport costs).
• Beneficiaries: Upstream energy like PTTEP (revenue rising with global oil prices), Refineries (OR, IRPC, TOP) as crack spreads often improve during high oil price periods, and the Renewable Energy sector as it becomes more attractive compared to expensive fossil fuels.

Impact on the Cost of Living for Thais

According to Bangkok Biz News, the Federation of Thai Industries (FTI) warns that overall product prices are likely to rise by 8–10% within this April once old stocks are depleted and operators face full new costs. The University of the Thai Chamber of Commerce estimates inflation could surge to 4.56%. Immediate impacts felt by the public include fare hikes for songthaews/minibuses, the price of prepared meals, prices in supermarkets and fresh markets, and electricity bills for the May–August period, which will rise in line with natural gas prices.

What is the Government Doing?

According to reports from InfoQuest, Deputy Prime Minister Ekniti is preparing to propose a fuel price restructuring plan to the Cabinet on April 6. Concepts include capping refinery margins at no more than 3 Baht and potentially removing transport costs, insurance, and War Premiums from the price structure. The goal is to reduce the cost of living for the public before the Songkran festival.

Response Plan for Citizens and Investors

• Serious Energy Saving: Plan your travels, combine trips, and consider using public transport as diesel is likely to continue rising in the short term.
• Prepare for Utilities and Living Costs: Increase your household budget by 8–10% for food and essential goods.
• Stock Investors: Avoid transport and retail stocks in the short term. Consider upstream energy stocks like PTTEP and high-dividend stocks with strong cash flow.
• Investors Seeking to Hedge: For those wanting to trade oil directly, SiamDEX on Hyperliquid HIP-3 allows for trading BRENTOIL and CL (WTI) 24/7 in both Long and Short positions without going through foreign brokers.
• Emergency Cash Reserves: During a crisis, you should maintain at least 3–6 months of emergency reserves. Do not let your investment portfolio consume this portion.

Conclusion — What to Watch Next

The Cabinet resolution on April 6 regarding the oil price structure is the most critical variable this week. If the government can successfully push down refinery margins, pump prices could drop by 2–4 Baht/liter. However, if global oil prices remain high due to the Iran war, such reductions may only be a temporary relief rather than a root-cause solution.

⚠️ This article compiles information for decision-making purposes only and is not financial or investment advice. Situations change rapidly; please DYOR and consult experts before making any decisions.

Since February 28, 2026, when the U.S. and Israel launched military operations against Iran, the world has not been the same. Specifically, energy prices are directly impacting the lives of Thai people. This article summarizes what is happening, what is being affected, and what we should do right now.

Latest Situation — The Numbers You Need to Know

According to reports from Bangkok Biz News, the U.S.-Iran war has entered its 34th day. President Trump continues to signal threats of attacking Iranian energy infrastructure in the next 2-3 weeks if the situation does not resolve. The Strait of Hormuz, through which roughly 20% of the world’s oil passes, remains under control. The consequences are as follows:

• WTI crude oil surged over 11% to $111.54/barrel.
• Brent crude oil surpassed $109/barrel.
• Dubai crude reached a peak of $137/barrel in late March.
• The IEA states that this is the most severe oil supply crisis in history, worse than the 1970s crisis.

Oil — The Most Direct and Fastest Impact

For Thais, gas station prices have adjusted upward multiple times. According to data from Thai PBS, current prices (as of April 3, 2026) are: Diesel B7 at 47.74 Baht/liter and Gasoline 95 at 43.95 Baht/liter. This is significant considering that before the war ignited, diesel was below 30 Baht/liter. There are also reports that diesel will rise by another 2.80 Baht/liter this Sunday, April 5. The Fuel Fund is currently over 49,403 million Baht in deficit and must continue subsidizing diesel at over 1,000 million Baht per day, meaning this burden will fall on the public in the long run.

Gold — The Most Misunderstood Market Fact

Many expected the war to push gold prices up, but the reality is the opposite. According to Newsweek, gold has dropped over 20% since the war began. The primary reason is that soaring oil prices have fueled inflation fears, leading the market to expect that the Fed will not cut interest rates. With high interest rates, gold—which has no yield—becomes less attractive. This is compounded by a strengthening Dollar and massive sell-offs in gold ETFs. However, don’t lose interest in gold just yet; Goldman Sachs and J.P. Morgan still target 2026 year-end gold prices at $5,400-$6,300/ounce, viewing this decline as a temporary correction. Currently, gold is around $4,677/ounce, which is still much higher than last year’s price.

Bitcoin and Crypto — Standing Firmer Than Expected

Surprisingly, Bitcoin has outperformed gold during this period. According to 24/7 Wall St., BTC is holding steady around $67,000 amidst market chaos and has shown less volatility than many other assets. Another interesting point for traders, according to Yahoo Finance, is that Hyperliquid is one of the few platforms allowing the trading of oil, gold, and global assets 24/7 even when traditional markets are closed on holidays. This proved vital during the war when news broke late at night or over the weekend.

How Does This Affect Thais?

According to Mitihoon, Asia Plus Securities estimates that every 1 Baht increase in diesel drags Thai GDP down by 0.02%. If the war persists beyond 2 months, the Thai economy might grow by less than 1% and risk entering a recession. The immediate impacts Thais will feel include higher transportation costs leading to more expensive consumer goods, electricity bills for the May-August period likely surging, and higher business costs pressuring employment. The Monetary Policy Committee is expected to maintain interest rates at 1.0%, keeping savings returns low.

Response Plan for Thais — Actionable Now

• Reduce Fuel Consumption: Plan travel efficiently by combining trips and consider working from home if possible, as diesel prices are likely to continue rising.
• Watch Electricity Usage: Prepare for more expensive electricity bills during the summer; reduce the use of AC and high-power appliances.
• Reserve Emergency Cash: During a crisis, you should have at least 3-6 months of emergency reserves in an instantly accessible location.
• Consider Trading Related Assets: For investors who understand the risks, Oil (CL, BRENTOIL) and Gold (GOLD) on SiamDEX via Hyperliquid HIP-3 allow 24/7 trading for both Long and Short positions based on the situation, unlike gold shops that only benefit from upward movements.
• Avoid Risky Stock Sectors: Transport, logistics, and retail sectors are heavily impacted, while upstream energy groups like PTTEP may still perform reasonably well.

Conclusion — What to Monitor Next?

Keep an eye on three main issues. First, the situation at the Strait of Hormuz: if it opens, oil prices drop; if it stays closed, prices surge. Second, peace negotiations, which the UN and 40 other countries are currently pushing for. Third, the Fed’s stance in the April 28-29 meeting regarding how they will handle energy-driven inflation. Situations change rapidly; follow news from Bangkok Biz News and Thai PBS regularly.

⚠️ This article is a compilation of information for decision-making purposes only and is not investment advice. Geopolitical situations involve very high uncertainty; please DYOR and assess your own risks before making any decisions.

Happy Good Friday holiday! Today, US stock and bond markets are closed, but the crypto market remains open as usual. This makes Bitcoin the most significant active market today. Let's look at the interesting developments occurring now.

1. March Jobs Report Stronger Than Expected, BTC Holds Firm at $66,900

Non-Farm Payroll figures for March 2026 came in much stronger than anticipated at 178,000 jobs, while analysts had forecasted only 57,000. The unemployment rate dropped slightly to 4.3%. According to CryptoNewsZ, this positive economic news immediately dampened hopes for a Fed interest rate cut this month. Bitcoin is trading at $66,929 following the news, showing that the market response has been relatively muted as much of this was already priced in.

2. NEAR Surges 5.8%, AVAX Rises 3.6% as Altcoins Begin to Recover

While BTC remains steady, some altcoins are showing signs of recovery. CoinDesk reports that NEAR Protocol (NEAR) surged 5.8% and Avalanche (AVAX) rose 3.6%. Ethereum is also outperforming BTC, moving up by over 2%, reflecting a rotation of capital from BTC into altcoins during this low-liquidity period. However, BTC Dominance remains high at the 56-58% level, suggesting that 'altseason' has not yet arrived.

3. Schwab to Launch Direct Bitcoin and Ethereum Trading in First Half of 2026

In a major win for institutional adoption, Charles Schwab—a financial giant with over $12 trillion in client assets—announced plans to offer direct Bitcoin and Ethereum trading for its clients within the first half of 2026. According to CoinDesk, early registration for the service is already open. This is a very positive signal that Wall Street is increasingly embracing crypto.

4. Drift DEX Hacked for $285 Million via Solana 'Durable Nonces'

Bad news to watch out for! According to CoinDesk, Drift Protocol, a DEX on Solana, suffered a major exploit worth over $285 million. Shockingly, this was not caused by a bug in Drift's code, but rather through the use of a legitimate Solana feature called 'Durable Nonces,' which allows for pre-signing transactions. Following the event, blockchain sleuth ZachXBT questioned why Circle did not freeze the stolen USDC; Circle clarified that freezing assets requires a formal legal order. This serves as a reminder to be cautious with Solana-based DEXs and to vet protocols thoroughly before use.

5. US Clarity Act Crypto Bill Facing Four-Way Deadlock, Delaying Regulatory Clarity

According to CryptoSlate, the US Clarity Act—a bill intended to establish a regulatory framework for crypto—is currently facing a deadlock between four factions in Congress. This means the regulatory clarity that institutional investors are waiting for may be delayed, acting as a continued point of pressure on the market.

6. Good Friday Leaves Bitcoin as the Only Open Market — Opportunity or Risk?

Today, the NYSE, Nasdaq, and US bond markets are closed for Good Friday, leaving Bitcoin as the only major asset class still actively trading, according to CryptoSlate. This means if major news breaks, Bitcoin could see unusually sharp movements as there are no other markets to absorb the impact. Traders on SiamDEX should be wary of heightened volatility and potentially wider spreads during this time.

Outlook for Thai Traders on SiamDEX

The market is currently moving sideways. This low-liquidity period is better suited for observation rather than opening large new positions. If you choose to trade, use low leverage and set tight stop losses. The strong Jobs Report suggests the Fed may not cut rates soon, which could cap crypto's short-term upside, but mid-to-long-term institutional adoption signals remain strong.

⚠️ DYOR — This article is a news summary for informational purposes only and is not investment advice. Crypto trading involves high risk; please study the data and assess your own risk tolerance before making any decisions.

Hello traders! Today the market is bleeding red. The Fear & Greed Index has plummeted to 9 points (Extreme Fear), the lowest level in months. Let’s take a look at what’s happening.

1. Bitcoin Continues to Slide to $66,800 — Market Fears Iran Tensions

According to data from CoinGabbar, Bitcoin (BTC) has dropped to approximately $66,868, a decrease of about 0.82-1.28% in 24 hours. After hitting $69,268 on April 1, the market fell sharply following Trump’s speech signaling a hardline stance against Iran instead of easing tensions as investors hoped. Analyst Benjamin Cowen noted that this might just be a typical midterm year pattern where BTC tends to consolidate in April, rather than being solely about political news.

2. WTI Crude Surges 14% in a Single Day, Pressuring the Crypto Market

Another major downward pressure factor is the price of WTI Crude Oil, which soared to $113 per barrel, an increase of over 14% in one day according to CoinDesk. Rising inflation concerns are putting pressure on the Fed to hold off on interest rate cuts, leading investors to sell off risk assets, including crypto. For those trading on SiamDEX, Brent Oil (BRENTOIL) and WTI (CL) on HIP-3 moved aggressively upward today.

3. Today’s Jobs Report — Could Shake BTC Again

As analyzed by 24/7 Wall St., the March Non-Farm Payroll figures will be released today at 8:30 AM ET. Since the stock market is closed for Good Friday, crypto will be the only market reacting to this data in real-time. If the numbers are worse than expected, BTC might bounce back to test $70,000. However, if they exceed expectations, it could drop further to test the $65,000 support level.

4. Hyperliquid HIP-3 Open Interest Hits All-Time High of $2.3B

Some good news amidst a red market! According to CoinGecko, Hyperliquid HIP-3 Open Interest has surged to an All-Time High of $2.3 billion, reflecting that traders are still actively using the platform despite market volatility. Meanwhile, the HYPE token is trading around $34.8, down approximately 10.6% over the past week.

5. DeFi TVL Holds at $91B Despite Market Downturn

According to DefiLlama, the Total Value Locked in DeFi remains steady at around $91.3 billion, even as the broader crypto market fell by 2.4%. Ethereum remains the chain with the highest TVL. The Stablecoin market cap stands at $316 billion, indicating that capital is remaining within the ecosystem but shifting into stablecoins for safety.

6. X (Twitter) to Lock Accounts Posting Crypto Content for the First Time

Elon Musk's X has announced a new measure that will lock accounts posting crypto-related content for the first time, requiring identity verification. As reported by CoinGabbar, Product Lead Nikita Bier stated this measure aims to combat the scams and phishing currently rampant on the platform.

Quick Take

The market is currently in Extreme Fear mode. The primary drivers are Iran tensions + high oil prices + anticipation of the Jobs Report. For traders using SiamDEX on Hyperliquid, this volatility presents both Long and Short opportunities depending on the economic data outcomes. However, exercise caution with leverage as liquidity may be lower during the Good Friday holiday.

⚠️ DYOR — This article is a news summary only and does not constitute investment advice. Crypto trading involves high risk; always conduct thorough research before making any decisions.

Total Value Locked (TVL) in DeFi protocols globally has reached $100 billion for the first time in history. According to data from DeFi Llama, this reflects the exponential growth of decentralized finance.

The protocols with the highest TVL include Aave (lending), Uniswap (spot DEX), Lido (liquid staking), and Hyperliquid (perpetual DEX). Hyperliquid is the fastest-growing in the group, with TVL increasing by over 300% in 12 months.

The growth of DeFi TVL is driven by several factors, including yields higher than traditional finance, increasing institutional adoption, and significantly improved UX that makes it easier for general users to access.

For Thai users, accessing DeFi through SiamDEX eliminates the need for complex KYC processes, and profits can be withdrawn back as Baht via Bitkub in less than an hour.

Bitcoin spot ETFs in the United States recorded their highest inflow in history, receiving more than $1 billion in institutional investment in a single day, led by the BlackRock iShares Bitcoin Trust (IBIT).

This influx of institutional capital reflects that Bitcoin is increasingly being accepted as a core asset in institutional investment portfolios.

For traders using SiamDEX, you can go Long on BTC with leverage to amplify the upside from this trend, offering up to 40x leverage and low fees of just 0.035% per trade.

Many analysts believe that continuous institutional inflows will be a key factor driving Bitcoin's price in the long term, despite some short-term volatility.

xyz exchange has announced the launch of synthetic equity markets on Hyperliquid via the HIP-3 system, covering over 30 companies including NVIDIA, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and others.

Traders can go Long or Short on these stocks 24/7 using USDC as collateral without requiring a US brokerage account. Prices are pegged to actual US market stock prices in real-time.

In addition to stocks, xyz has added country ETFs such as EWY (South Korea) and EWJ (Japan), as well as forex pairs like EUR/USD and USD/JPY, making SiamDEX a one-stop platform for Thai traders seeking access to a diverse range of assets without KYC.

However, since HIP-3 assets are synthetic instruments, liquidity may be lower than the actual market during non-US market hours. Traders should be cautious of wider spreads during such periods.

Hyperliquid recorded the highest trading volume in DEX history, reaching $10 billion per day during Q1 2025. This figure allows Hyperliquid to surpass dYdX, Drift, and all other perpetual DEXs combined.

The main factors driving this growth include the launch of HIP-3, which enables the trading of synthetic stocks and commodities, the continuous addition of new listings, and a UX that is the closest to a CEX among all DEXs.

Analysts from DeFi Llama state that Hyperliquid maintains a market share of over 60% in the perpetual DEX sector and is likely to continue rising throughout this year.

For Thai traders, using SiamDEX—which connects directly to Hyperliquid—provides immediate access to this world-class liquidity without the need for KYC.