Huoxun Finance reports that Newfire Technology (1611.HK) announced it will acquire the investment team and trading system of Avenir Group, the family office of Li Lin, for US$1.6 million. Following the acquisition, Newfire Technology plans to launch a Bitcoin-denominated asset management service called Alpha BTC, aiming to attract investments of over 10,000 Bitcoins within one year, corresponding to a value of approximately US$760 million. This strategy will generate returns through derivatives trading such as options, using Bitcoin or IBIT ETFs as underlying assets, targeting clients including crypto-native investors and Hong Kong-based companies. As of the end of 2025, Avenir Group holds 18.3 million shares of BlackRock iShares Bitcoin Trust, valued at US$908 million.

Odaily Planet Daily reports that Newfire Technology (1611.HK) announced on April 22nd that it will acquire the investment team and trading system of Avenir Group, the family office of Li Lin, for US$1.6 million. Following the acquisition, Newfire Technology plans to launch a Bitcoin-denominated asset management service called Alpha BTC, aiming to attract investments of over 10,000 Bitcoins within one year, valued at approximately US$760 million. This strategy will generate returns through derivatives trading such as options, using Bitcoin or IBIT ETFs as underlying assets, targeting clients including crypto-native investors and Hong Kong-based companies. As of the end of 2025, Avenir Group holds 18.3 million shares of BlackRock iShares Bitcoin Trust, valued at US$908 million.

According to Huoxun Finance, a whale address, 0x65B4, sold 10,829 Ethereum at $2,300 a day ago, corresponding to a transaction amount of approximately $24.91 million; then, one hour ago, it bought back 7,448 Ethereum at $2,350 a day, corresponding to a transaction amount of approximately $17.5 million.

Odaily Planet Daily reports that the U.S. Senate on the 22nd again rejected a bill limiting President Trump's war powers. This is the fifth time the Senate has rejected a bill aimed at restricting Trump's power to use force against Iran since the U.S. launched military action against Iran in late February. (Xinhua)

According to Odaily Planet Daily, Kalshi, a prediction market platform, has fined and banned three congressional candidates from its platform for five years for betting on their own election results. The candidates involved are Mark Moran, Matt Klein, and Ezekiel Enriquez. Virginia Senate candidate Mark Moran was fined $6,229 and required to return the profits from the related market transactions; Minnesota House candidate Matt Klein was fined $540; and Texas Republican primary candidate Ezekiel Enriquez was fined $784. Mark Moran stated on the X platform that he bet approximately $100 on Kalshi to draw attention to the platform's potential manipulation and corruption. Matt Klein stated on the X platform that he placed bets out of curiosity and paid the fine and accepted the ban after learning of the violation. Kalshi's legal counsel, Bobby DeNault, stated that the candidates' actions violated internal trading control rules, and penalties are imposed regardless of the transaction amount.