Blockchain investigator ZachXBT said Bitcoin Depot lost 54 Bitcoin in a breach, higher than figures previously reported, and that the issue was not detected for three days. The update highlights a larger loss and a delay in identifying the incident.

According to Odaily Planet Daily, Iranian authorities on April 9 released a navigation chart for the Strait of Hormuz, flagging hazard zones in Persian within the traffic separation scheme. Iran said any tanker entering the waterway without authorization would be destroyed. Iran is demanding steep cryptocurrency-based transit fees from shipping companies, set at $1 per barrel of crude oil. Tankers are required to declare their cargo by email. Once the fee is approved by Iran's Supreme National Security Council, payment is to be made in Bitcoin to bypass sanctions. Separately, Iranian Parliament Speaker Mohammad Bagher Ghalibaf wrote on X that the United States has breached the ceasefire agreement three times, arguing that further negotiations are unreasonable. Oil prices jumped on the developments, with West Texas Intermediate up 3.1% to $97.32 and Brent North Sea Crude rising 3.3% to $97.87.

Hu 火星 Finance reported that Hyperinsight data showed a whale wallet beginning with 0x2fc opened a 40x leveraged BTC short within the past 20 minutes. The position totals 423.4 BTC, worth about $30.2 million, entered at an average price of $71,113 with a liquidation price of $71,941. The address has logged more than $2.4 million in losses this week. Within 30 minutes of opening the trade, unrealized losses reached 11%, making it the closest-to-liquidation multimillion-dollar whale position on Hyperliquid. Address: 0x2fc3195efbf91ad90854bc3c02fe739895c23460

Israel's Ministry of Energy said on April 9 (UTC+8) it has directed Energean to resume activity at the Karish natural gas platform off Israel's Mediterranean coast, following a ceasefire agreement between the U.S. and Iran, according to ME News. The facility has been offline since February 28 amid security concerns tied to the U.S.-Israel-Iran conflict. Energean said it has received official notice from the ministry authorizing a safe restart and the resumption of production and operations at Karish. The company added it is proceeding under established operating procedures to bring output back online and restore normal operations. Energean's London-listed shares rose 2.4% on the day.

Huo Xing Finance reported that on April 9, risk sentiment rebounded after Trump announced a two-week temporary ceasefire between the U.S. and Iran, sparking a sharp rally across major U.S. equity benchmarks. The Dow Jones Industrial Average jumped more than 1,300 points on the day, its strongest session in nearly a year, while WTI crude oil futures sank over 16%. Tom Lee, Fundstrat's Head of Research, said the market has effectively confirmed a near-term bottom and is turning back toward record territory. He argued that even as oil prices previously surged and tensions escalated, equities avoided a meaningful drawdown, underscoring resilience, with the ceasefire acting as the trigger for a shift in sentiment. Lee maintained his year-end S&P 500 target of 7,300, implying roughly 7.6% upside from current levels, and stayed constructive on technology, software, energy and financials. He also pointed to the "Magnificent Seven" as the key engines behind the rebound. Several institutional investors echoed the view that fading geopolitical risk and lower oil prices have pushed markets into a relief-driven rally, and with earnings season nearing, current levels may offer an attractive entry point for bottom-fishing.

ChainCatcher reports that markets rallied after Donald Trump announced a two-week temporary ceasefire between the U.S. and Iran, quickly improving risk sentiment. All three major U.S. equity benchmarks rebounded sharply, with the Dow Jones Industrial Average jumping more than 1,300 points in a single session for its strongest day in nearly a year. WTI crude oil futures fell more than 16%. Tom Lee, Fundstrat's head of research, said the market appears to have confirmed a short-term bottom and is trending back toward record territory. He argued that equities held up well even as oil prices spiked and geopolitical tensions intensified, highlighting underlying resilience, with the ceasefire acting as the trigger for a shift in sentiment. Lee projects the S&P 500 will reach 7,300 this year, implying roughly 7.6% upside from current levels. He remains constructive on technology, software, energy and financials, and sees the "Magnificent Seven" as key drivers of the rebound. Several institutional investors also view the pullback in geopolitical risk and the decline in oil as setting up a relief-driven rally. With earnings season approaching, they see potential opportunities to add exposure on dips.

A ceasefire may curb the fighting, but widespread damage to energy infrastructure across the Middle East has pushed global oil and gas markets into a drawn-out supply shock. Reopening the Strait of Hormuz is only an initial step, with repairs expected to take months—and in some cases years. The Wall Street Journal reported on April 8 that the war in Iran severely damaged dozens of refineries, oil fields and natural gas export terminals. The International Energy Agency estimates more than 40 critical energy assets were hit, triggering what it called the largest supply disruption on record. Rystad Energy put the repair bill for the region’s energy system at more than $25 billion. After the ceasefire announcement, Brent crude fell about 12% on Wednesday to $96 a barrel, but it remains far above the roughly $60 level seen in early January. Eurasia Group expects oil to stay above $80 a barrel this year even after hostilities end. Henning Gloystein, managing director of Eurasia Group’s Energy Practice, said supply pressure would persist even if Hormuz reopens quickly. Refining outages, not tanker routes, now dominate market concerns. Gloystein estimates roughly one-third of Gulf refineries were damaged in airstrikes, a loss he said will take at least several months to repair. Even if upstream production restarts, shortages of refined fuels such as diesel, gasoline and jet fuel could linger. Among the hardest-hit sites is the UAE’s Ruwais refinery, one of the world’s largest. Rystad says damage is concentrated in the western section, which represents half of total capacity, with full recovery likely to take several months. Kuwait faces a similar squeeze. Gloystein said refinery damage there has already tightened marine and aviation fuels in Asia and Europe. A drone strike last week sparked a fire at the Mina Ahmad refinery, adding to losses from multiple incidents in March. Kuwait National Petroleum Company’s CEO said last month it would take three to four months after the war ends to restore full output. In Bahrain, state-owned Bapco Energies declared force majeure last month after a fire at the Sitra refinery, suspending contractual obligations. The plant processes about 400,000 barrels a day and had just completed an upgrade; the damage has significantly reduced Bahrain’s refining capacity. LNG infrastructure has taken some of the most severe hits. At Ras Laffan in Qatar—one of the world’s largest LNG complexes—Iranian strikes disabled about 17% of capacity, according to Rystad. Full restoration could stretch to around 2030, with repair costs estimated near $10 billion. QatarEnergy confirmed that two of Ras Laffan’s 14 liquefaction trains were damaged. Kayrros analyst Saeed Ali Muneeb, citing satellite imagery, said one train suffered a collapse of a large cryogenic heat exchanger and another sustained heavy fire damage. Exponent engineer Harri Kytömäki said the cryogenic heat exchanger is a highly customized unit, roughly as tall as a 15-story building and more than 15 feet in diameter, packed with thousands of miles of precision piping. “Once it’s damaged, you have to rebuild one from scratch,” he said, noting that manufacturing a replacement alone can take more than a year. The report also pointed to multiyear delivery delays for the gas turbines used to drive LNG compressor trains, amid strong demand linked to data-center gas needs. Also at Ras Laffan, Shell’s Pearl gas-to-liquids facility was badly damaged. Shell said one of its two production lines will be shut for at least one year. Disruptions have spread to ports and upstream production. Fujairah Port in the UAE—a major oil storage, trading and bunkering hub outside the Strait of Hormuz—has been repeatedly targeted by Iranian drones, leading to intermittent operations. Upstream, U.S. Energy Information Administration data show Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain shut in about 7.5 million barrels per day of crude production in March because oil could not be transported. The report warned that abrupt shut-ins can also damage wells: rapid pressure drops can clog wellbores with heavy wax, requiring costly chemical treatments to restart. In older fields, the shock can permanently alter reservoir behavior, leading to irreversible production losses. Reconstruction is also colliding with shortages of capital equipment and skilled labor. Custom transformers, valves and gas turbines can take years to replace even in peacetime, while specialized engineers and welders have left the conflict zone alongside Western contractors, creating a gap that cannot be filled quickly. Fraser McKay, head of upstream analysis at Wood Mackenzie, said repair bills will eat into the roughly $100 billion the oil and gas industry had planned to invest in the region this year, spanning routine maintenance and new developments. He said companies will prioritize repairs over growth projects, and competition for equipment and engineering capacity across the broader energy sector will push costs higher. “It’s not just a matter of funds, but also of people,” McKay said. “You can’t instantly double the capacity to deploy resources to that region.” Kytömäki underscored the scale of the damage: “We have never seen anything like this.” The ceasefire may have halted the shooting, but the deeper test for global energy markets is only beginning. Source: Wall Street Journal

Huoxing Finance cited official Hyperliquid data released on April 9 showing that combined trading volume in crude oil futures (WTI and Brent) exceeded BTC for the first time. Bitcoin volume totaled $2.29 billion, while WTI crude reached $1.68 billion and Brent crude hit $770 million.

ME News reported that as of April 9 (UTC+8), Hyperinsight data show two Hyperliquid addresses linked to Abraxas Capital—the platform's largest holder of short positions—posted a sharp rebound in weekly unrealized P&L after a ceasefire was announced. The accounts recovered more than $12 million, flipping a prior $9.7 million unrealized loss into profit. As of publication, both addresses have continued to take profits and trim exposure in an orderly manner, with combined unrealized gains standing at $8.7 million. After the latest reductions, total holdings remain at $152 million, including about $126 million in aggregate short positions in Brent and WTI crude oil and roughly $26.1 million in crypto long positions. Remaining crude oil shorts: - BRENTOIL short (5x): position cut from $92 million to $78 million; average entry price about $96 - WTICRUDE short (5x): position cut from $51 million to $48.5 million; average entry price about $95 Addresses: 0x5b5d51203a0f9079f8aeb098a6523a13F298C060; 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36. (Source: BlockBeats)