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Golden Ten Data reported on April 16 that in the weeks leading up to the outbreak of war in Iran, the UK economy grew rapidly, highlighting the significant impact that the Middle East conflict has had on the country's economic situation. The UK Office for National Statistics said on Thursday that GDP grew by 0.5% in February, far exceeding economists’ expectations of 0.1% and marking the strongest monthly growth data since 2024. However, the situation changed rapidly after the February 28 attack by the United States and Israel on Iran. That attack disrupted energy supply routes and disturbed global markets. The impact of this war on the UK will be stronger than on any other major developed economy, pushing up borrowing costs and putting even more pressure on the struggling government. Economists expect the inflation rate to soar to nearly double the Bank of England’s target, and forecasts for UK economic growth have already been revised downward. According to the “Resolution Foundation”, the energy shock will reduce the income of ordinary households by about £500 (approximately $673).

Glonghui, April 16th｜The U.S. Securities and Exchange Commission (SEC) approved a proposal from the Financial Industry Regulatory Authority (FINRA) on Tuesday evening to abolish the current rule that restricts accounts with net assets below $25,000 to only three day trades within five business days. This move will significantly lower the market entry barrier for small investors, allowing unlimited intraday trading under the new margin rule framework. Boosted by this news, U.S. retail trading platforms Robinhood and Webull closed up 10.41% and 11.17% respectively yesterday. Webull Group President and U.S. CEO Anthony Denier stated that the change in intraday margin rules represents a major evolution in the way active traders participate in the market.

BlockBeats news, on April 16, Cardone Capital CEO and billionaire Grant Cardone posted on X saying: "I have purchased 500 prime location properties and will additionally purchase 400 Bitcoin." Real estate investment company Cardone Capital began building a Bitcoin treasury in April last year and has continued accumulating since then.