Former UK Chancellor Kwasi Kwarteng told CoinDesk that Bitcoin can serve as an alternative to a "broken system" and stated that the UK is currently caught in a fiscal "doom loop." Kwarteng is now the Executive Chairman of Stack BTC, a British Bitcoin reserve company that currently holds 31 BTC. Notably, Nigel Farage, leader of Reform UK, owns approximately 6% of the company.

BTC TO 100K #GateSquareAprilPostingChallenge

#财神每日币圈资讯 #Gate广场四月发帖挑战 April 5 1. Bitcoin Market: Bitcoin continues to fluctuate, with a high rebound to $67,548, currently closing at $67,215. Ethereum reached a high of $2,082, now closing at $2,063. 2. Altcoin Market: Bitcoin remains volatile, the altcoin season continues to be hot. SIREN leads a surge of "zero coins," skyrocketing from a low of $0.13 to a high of $0.79462, an increase of over 500%. Currently trading at $0.445. STO up 41%, now at $0.19. PIPPIN up 41%, now at $0.0423. RLS up 119%. D up 90%. 3. News Highlights: U.S. President Trump posted on social media, once again taking a tough stance on Iran, stating that he has given Iran 10 days to reach an agreement or open the Strait of Hormuz. Trump said the deadline is approaching and warned that if U.S. demands are not met, "further action" could be taken within 48 hours. Meanwhile, Iran's military rejected Trump's 48-hour ultimatum, and Netanyahu stated: the situation is escalating further. 4. Financial News: The U.S. Senate Banking Committee plans to review Fed Chair Jerome Powell's nomination on April 16. 5. Cryptocurrency News: A suspected Bitmine address has increased its ETH holdings by 40k ETH, worth approximately $82.07 million. 6. Cryptocurrency News: The Ethereum Foundation's staked amount is 46k ETH, which has reached two-thirds of its preset goal of 70k ETH.