Today Financial News Summary 16.04

 

Securitize Acquires MG Stover's Unit to Become Largest Digital Asset Fund Administrator

CEO Carlos Domingo (Securitize)
GameStop Did It. Now Strive's Matt Cole Wants Intuit to Back Bitcoin Too

Intuit Headquarters
Bitcoin Could be Setting Up to Beat Gold's Rally, Technical Analysis Suggests

gold bars (Philip Oroni/Unsplash+)
Bitcoin fell below $84,000 this morning and is now trading at $83,786.
The Trump Crypto project WLFI invites Bilal Bin Saqib to serve as an advisor
Semler Scientific Agrees to Pay DOJ $30M to Settle Fraud Investigation

Department of Justice (Getty Images/Dragon Claws)
OKX announces entry into the US market and will establish regional headquarters in California

OKX announced that it will officially enter the US market and will set up a regional headquarters in California. Officials said that it will launch a centralized trading platform and OKX Wallet for US users. Former OKCoin users will be migrated to the OKX platform, and new user access will be carried out in stages, and it is expected to start nationwide promotion later this year. OKX said it will actively cooperate with US regulators to promote compliance operations in accordance with current regulations, and has established a compliance system covering KYC, anti-money laundering (AML), risk assessment and transaction monitoring mechanisms.
The SEC has completed its disclosure review of Coinbase, with the final outcome being no changes required
OKX announces entry into the U.S. market, establishing a regional headquarters in California
SEC Completes Two-Year Review of Coinbase, No Amendments or Restatements Required

The U.S. Securities and Exchange Commission (SEC) has completed a long review of Coinbase's financial disclosures and ultimately did not require the company to amend or restate the relevant documents. Coinbase Chief Legal Officer Paul Grewal said the review covered 10-K filings for fiscal years 2022 and 2023, which took more than two years, and had fully resolved relevant comments with the SEC's Corporate Finance Department. In the letter, the SEC reminded that the company and management are still responsible for the accuracy and adequacy of the disclosures, and the completion of the review does not represent official endorsement. The process began shortly after Coinbase went public in April 2021, as compliance standards for crypto companies continued to evolve. In addition, since the Trump administration came to power, the U.S. regulatory attitude has become more relaxed. The SEC has withdrawn lawsuits against several crypto companies and has begun to develop a new industry regulatory framework. (cryptoslate)
SEC Completes Over Two-Year Review of Coinbase Disclosure, Final Result Unchanged
The US publicly traded company Janover has increased its holdings by 80,567 SOL, worth approximately $10.5 million.
Semler Scientific is applying to issue $500 million worth of securities, which may be used to increase its Bitcoin holdings.
Asset Tokenization Platform Securitize Acquires Division of MG Stover & Co., Asset Under Management Reaches $38 Billion
Semler Scientific has filed for a $500 million securities offering, which may be used to increase its Bitcoin holdings.
Japanese listed company Value Creation plans to increase its holdings of BTC worth about $700,000 as reserve assets

Value Creation (stock code 9238), a Japanese TOPIX-listed company, plans to increase its holdings of Bitcoin (BTC) by about 100 million yen (about $700,000) in the next four months as part of its balance sheet reserves. The company has previously purchased about 200 million yen (1.4 million U.S. dollars) in BTC, with the funds coming from surplus capital for future investment purposes. Although the scale of this increase is limited, it marks the trend of Japanese companies adopting Bitcoin as a corporate reserve asset. Many Japanese companies, including Remixpoint, NEXON and Metaplanet, have included BTC in their asset allocation. Among them, Metaplanet currently holds 4,525 BTC, making it the largest listed company in Japan.
NFT project CyberKongz announces the conclusion of its 0SEC investigation
Mantra CEO Proposes Burning Individual OM Shares to Regain Investor Trust
Movement co-founder Rushi Manche denies resignation rumours

Today, Blockworks reported that Movement co-founder Rushi Manche has temporarily resigned, and multiple sources revealed that Rushi's personal account was removed from the company's Slack group. In response, Rushi posted several dynamic updates on X to refute the rumor. First, he posted a picture to prove that he was still in the company's Slack group, and then said that the reason for his absence from the company's internal meeting was because he was attending an event in Asia. Rushi also accused Blockworks of being unethical for false reporting.
NFT project CyberKongz has announced that the SEC has concluded its investigation into the project without making any charges or enforcement actions.
Nigeria exposes CBEX Ponzi scheme, involving tens of millions of dollars

Nigerian digital asset trading platform CBEX was exposed as a Ponzi scheme, causing a large number of investors to lose money. Although local media reported early on that the loss was as high as 1.3 trillion naira (about 800 million US dollars), analysis pointed out that the address was actually a Binance hot wallet, and the actual amount of loss may be closer to 12 million US dollars. CBEX calls itself "China Beijing Equity Exchange", but in fact it has nothing to do with the official Chinese institution of the same name. The platform uses AI quantitative strategies as a platform, promises to double returns in 30 days, attracts a large number of investors to participate and requires rebates for pulling people in. In essence, it is a typical Ponzi structure. The project was even promoted as a "poverty alleviation program" in Nigerian national media, further misleading users. By April 2025, CBEX suddenly froze accounts, and users were unable to withdraw money, which aroused public anger. Some investors surrounded its offices in Ibadan and Lagos, and a large number of victims also publicly experienced losses on social platforms. Independent analyst Specter pointed out that CBEX is related to other similar scams LWEX and PCEX, and is suspected of sharing website architecture and capital flow patterns. The wallet is also linked to Huione Pay, a Southeast Asian payment system, which has been listed by Elliptic as one of the main hubs for money laundering and telecommunications fraud, involving more than $24 billion in suspicious transactions. (CryptoSlate)
Social protocol Towns Protocol confirms that it will issue tokens this quarter, with an initial airdrop of 10%

Towns Protocol, a social protocol with a total financing amount of up to $35.5 million, announced in a post on X that it will launch the TOWNS token in the second quarter of 2025. The total supply of TOWNS is 10 billion, and the initial airdrop ratio is 10%. Earlier news, Towns Protocol completed a $25.5 million Series A financing in February 2023, led by a16z, with participation from Benchmark, Framework Ventures, etc.; earlier this month, Towns Protocol announced the completion of a $10 million Series B financing, led by a16z, with participation from Coinbase Ventures, Benchmark, etc.
Web3 social application Towns will conduct its Q2 TGE, with an initial airdrop ratio of 10%.
Bitcoin Slips With XRP, ADA as Nvidia's Massive $5.5B Charge Sours Investor Sentiment

Nvidia CEO Jensen Huang (BagoGames/Flickr)
Securitize acquires MG Stover’s fund management business to become the largest digital asset fund management platform

According to the official announcement, Securitize announced the acquisition of MG Stover's fund management business, and its subsidiary Securitize Fund Services (SFS) has become the world's largest digital asset fund management platform. After the acquisition, SFS manages a total of $38 billion in assets, covering 715 funds, including the $2.45 billion U.S. Treasury tokenization fund BUIDL launched in cooperation with BlackRock. Securitize now provides integrated services covering fund management, token issuance, brokerage services, transfer agents and alternative trading systems (ATS). The company's CEO Carlos Domingo said that the acquisition "consolidates Securitize's position as an institutional-grade real-world asset (RWA) tokenization and fund management integrated platform." With the accelerated adoption of blockchain by traditional finance, asset tokenization is becoming one of the fastest growing digital asset tracks. According to BCG and Ripple forecasts, the global tokenized asset market is expected to reach $18 trillion in 2033.
Web3 social app Towns will have its Q2 TGE, with an initial airdrop ratio of 10%.
The Nigerian exchange platform CBEX has been exposed as a Ponzi scheme, with a total loss of nearly $12 million.
Semler Scientific Settles DOJ Probe, Says Ready to Buy More Bitcoin

Department of Justice (Getty Images/Dragon Claws)
The Democratic Party has proposed the "Clean Cloud Act," requiring U.S. Bitcoin mining companies and AI compute centers to embrace green energy: achieve zero carbon emissions by 2035.
TD Cowen Investment Bank Warns: Trump's Cryptocurrency Business May Hinder US Regulatory Legislation, Political Risk on the Rise
Metaplanet has announced the issuance of a $10 million bond to increase its Bitcoin holdings.
Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report
Semler Scientific Agrees to Pay $29.75 Million to Settle Fraud Investigation with the U.S. Department of Justice
Galaxy Digital has transferred a total of 37,500 ETH to Binance in the past four days, worth more than 60 million US dollars

According to @spotonchain, Galaxy Digital transferred 12,500 ETH to Binance about 8 hours ago, which is about 20.31 million USD at the current price. In the past 4 days, Galaxy Digital has transferred 37,500 ETH to the exchange, with a total value of about 60.34 million USD, and the average transfer price is $1,609.
Galaxy Digital has once again deposited 12,500 ETH into Binance, worth approximately $20.31 million.
It is suspected that the same whale address spent $5 million to buy 630,000 TRUMP, with an average opening price of $7.93

According to @lookonchain monitoring, about 8 hours ago, two newly created wallet addresses (suspected to be controlled by the same whale) spent a total of US$5 million in USDC to buy 630,339 TRUMP tokens at an average price of US$7.93.
USDC will launch on the Monad mainnet on the first day.
Purchased 630,339 TRUMP at an average price of $7.93 per coin for two new addresses.
ARKB saw a net inflow of $13.4 million yesterday, while Grayscale ETHE saw a net outflow of $10.6 million
Ethena Labs has partnered with Plasma to launch USDe rewards on the Plasma mainnet test version.
USDC to Launch on Monad Mainnet
Chromia Data Steward: Most Crypto-MCPs Have Potential Vulnerabilities That Could Lead to User Transaction Redirection
Solayer announces the launch of a Non-Custodial Cryptocurrency Debit Card
Solayer launches Jade Debit Card on the original chain, supporting global consumption and enjoying 4% US Treasury yield

Solayer has officially launched the original chain Jade Debit Card, which supports online and offline consumption and international payment settlement in more than 100 countries including the United States. The card is bound to Solayer's native stable currency sUSDC, and users can enjoy 4% US Treasury bond returns. Cardholders can also participate in the second phase of the points plan and have the opportunity to receive future rewards from cooperative projects.
24H Hot Coins and News | BTC holdings of listed companies increased by 16.1% in Q1 this year; ERC-7786 discussion will be held on April 16 (4.16)

ZKsync: The administrator accounts of three airdrop distribution contracts were hacked, and the attacker minted approximately 111 million ZK tokens.
ZKsync founder responds to security incident: no code or key leaked, full investigation results will be released

Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, posted on social media, reiterating that there has been no code, contract or operator key leaks in the protocol, and said that ZKsync has withstood the test because of its ultimate security architecture (Endgame). The team is still investigating the relevant security incidents, and will release detailed information after the investigation and recovery work are completed. Alex said that he started the investigation as soon as he received feedback from the community. He added that although the prices of most Layer2 project tokens have been under pressure recently and ZKsync has performed relatively steadily, the team still has an inviolable and legally binding commitment to investors, partners and members.
Binance will adjust the minimum price change unit of multiple U-margin perpetual contracts

According to the official announcement, Binance will adjust the minimum price change unit (TickSize) of 20 U-based perpetual contracts including VOXELUSDT and MBOXUSDT at 14:00 (Beijing time) on April 17, 2025. Please refer to the announcement for the specific adjustment values. This adjustment will not affect existing orders. (This newsletter is generated by AI)
Binance will adjust the minimum price movement size for 20 USDT-margined perpetual contracts, including MBOX
GMGN launches Meme news preview and real-time pool monitoring functions

GMGN announced the launch of two new features: First, users can snipe Meme coins in milliseconds on the platform. Hovering the feather icon with the mouse can view the content of the tweet without jumping to the X platform; second, a new "Pool" tab is added to the token details page, which can monitor the pool dynamics in real time to determine whether there is any insider trading or liquidation. Specifically, it includes: judging whether the project party is absorbing funds or shipping by checking the addition and subtraction of the unilateral pool; the changes in the bilateral pool help to determine whether the token is at the bottom or top range. The new function aims to improve users' trading efficiency and risk identification ability in the Meme market.
ZKsync Co-founders Reiterate No Code, Contract, or Operator Key Leaks in Protocol
NS Surges Above $0.14, Up 20.8% in 24 Hours
Solayer is pleased to announce the launch of the Non-Custodial Native On-Chain Emerald Debit Card.
Three iToken Frontend Engineers Conspired to Implant a "Backdoor" to Steal Cryptocurrency Wallets, Each Sentenced to Three Years in Prison
Key Transaction Data: MOVE Index Rapidly Retreats to 122
Foreign Media: Bitcoin Wallet Using ESP32 Chip Vulnerable to Severe Exploit, Allowing Private Key Theft
Canada's 3iQ has selected Figment as the staking service provider for its Solana Staking ETF.
Affected by Unichain's Liquidity Incentive, in the past 24 hours, 11 addresses have transferred over $22 million worth of tokens to Unichain.
Mantra co-founder reveals: The collapse of the $5 billion OM token is really Luna 2.0?

Even though I did nothing negligent or malicious, I felt responsible.
LBank will list Furfication (FUR)

According to official news, LBank will launch Furfication (FUR) at 11:00 (SGT) on April 16, and open FUR/USDT trading pairs. Currently, the deposit service is open, and the withdrawal service will be open at 12:00 on April 17.
Analysis: Bitcoin Daily Chart Forms 'Death Cross,' Historically Only Occurred 10 Times
Orderly Network is thrilled to announce the launch of OmniVault, a high-yield DeFi product.
OKX to Expand to the US, Establish Regional HQ in California

OKX President Hong Fang speaking at Consensus Hong Kong, 2025 (CoinDesk)
Affected by Unichain Liquidity Incentive, nearly 11 addresses have transferred over $22 million worth of tokens into Unichain in the past 24 hours.
5 suspected related wallets spent $4.28 million to buy more than 611 billion PEPE, the funds came from Tornado Cash

According to @OnchainLens monitoring, 5 wallet addresses suspected to be controlled by the same entity spent a total of about 4.28 million US dollars using USDT and WETH to buy 611.05 billion PEPE tokens. These addresses received funds from the mixing protocol Tornado Cash 15 days ago, which is suspected to be related to potential abnormal fund behavior. The related transactions have attracted community attention. Odaily reminds users that Meme coins fluctuate violently, and pay attention to the flow of funds and on-chain risks.
Suspected Scam Entity Spends $4.28 Million Buying PEPE
4E: Transatlantic Trade Negotiations Deadlocked, US Stock Market and Crypto Market Fall
Noble’s New ‘AppLayer’ Lets Developers Build Stablecoin Tools on Celestia

A new type of rollup technology might be able to solve Ethereum fragmentation. (Luigi Pozzoli/Unsplash)
Cryptocurrency markets generally fell, BTC fell below $84,000, ETH fell below $1,600

On April 16, according to SoSoValue data, the crypto market generally fell, with Bitcoin (BTC) falling 1.66% in 24 hours, falling below $84,000. Ethereum (ETH) fell 2.18%, once falling below the $1,600 mark. In addition, the RWA sector fell 0.13%. Within the sector, MANTRA's native token OM recovered after falling for two consecutive days, rising 23.88% in 24 hours. In other sectors, the CeFi sector fell 0.99% in 24 hours. Within the sector, Mantle (MNT) was relatively strong, rising 1.29%; the Layer2 sector fell 1.21%, among which Starknet (STRK) and Aergo (AERGO) rose 4.92% and 22.54% against the trend respectively; the PayFi sector fell 1.90%, Telcoin (TEL) and Monero (XMR) rose 1.50% and 2.91% respectively; the DeFi sector fell 2.11%, but Sky (SKY) rose 3.89% during the session; the Layer1 sector fell 2.32%, and the Meme sector fell 3.18%. At the same time, the crypto sector index reflecting the historical market conditions of the sector showed that the ssiDePIN, ssiAI, and ssiMeme indices fell 4.42%, 4.24%, and 2.90% in 24 hours respectively. However, the weekly returns of the ssiDePIN and ssiAI indices were 2.29% and 4.77% respectively.
The MELANIA project sold 20.5 million tokens in one month, cashing in about $14.06 million

According to @EmberCN monitoring, the MELANIA project has sold a total of 20.5 million MELANIA tokens in the past month through liquidity addresses and community addresses to add unilateral liquidity, cashing out about 14.06 million US dollars, with an average price of about $0.686. Among them, the community allocation part sold a total of 10.5 million MELANIA tokens in exchange for 44,013 SOL tokens. The tokens were transferred to 4 addresses and sold through unilateral liquidity. The resulting SOL has been transferred to 9 wallets; the liquidity allocation part sold 10 million MELANIA tokens in exchange for 57,407 SOL tokens. The corresponding tokens were distributed to 5 addresses and sold in the same way. The subsequent SOL was transferred to 5 wallets for storage.
AI farm management game Love Terminal is officially launched on Kaia Chain and landed on Dapp Portal

According to official news, on April 15, the AI-driven mini-game Love Terminal was officially launched on Kaia Chain and the popular Asian social platform LINE ecosystem. The application was created through the Web3 AI App creation platform Infinity Ground Agentic IDE 1.0 and has been included in the Dapp Portal. Love Terminal is a Web3 farm management game automatically generated by an intelligent agent, in which players can grow crops, collect resources, bargain with AI NPCs, and even "secretly" visit friends' farms, explore free and open maps, and rebuild a vibrant and prosperous town. It is reported that Love Terminal uses the Agentic IDE of the Infinity Ground platform to write code and build AI intelligent NPCs, which has increased development efficiency by 80% compared to traditional game development, demonstrating the potential of AI in improving development efficiency and innovating game play. The game has been deployed on the EVM-compatible public chain Kaia Chain jointly supported by Kakao and LINE, with target users covering more than 250 million messaging application users.
Adacoin has surged over 150% in the past 24 hours, now trading at $0.1442.
MELANIA's team has sold a total of $14.06 million worth of tokens in the past month through adding liquidity on one side.
Some of the long-standing meme coins have experienced a significant rebound, with GFI and SNT surging over 30%.
Bithumb to List KERNEL in Korean Won Market

On April 16, according to an official announcement, South Korean cryptocurrency exchange Bithumb will launch KERNEL in the Korean won market.
Bithumb Adds KERNEL KRW Market
Affected by Bithumb Listing Boost, KERNEL Sees a Short-Term Surge of About 20%
Binance to Launch INIT Pre-Trade Contract Trading
Multiple institutions transferred more than 24,000 ETH to exchanges within 24 hours

According to @OnchainDataNerd, multiple institutions have transferred more than 24,000 ETH to exchanges in the past 24 hours, with a cumulative amount of approximately $40.15 million. These include: Polychain Capital transferred 5,700 ETH (approximately $91.9 million) Galaxy Digital transferred 12,500 ETH (approximately $20.29 million) B2C2 transferred 6,540 ETH (approximately $10.67 million)
NVIDIA Reports Chip Restriction by U.S., Anticipates $5.5 Billion Loss in Q1
In the last 24 hours, multiple entities have transferred 24,740 ETH to the CEX.
Trump: U.S. Tariff Revenue Reaches "Record Level," Nearly All Product Prices Are Falling
Trump says U.S. tariff revenue hits record, prices and inflation fall in sync

Trump said in a statement that the current tariff revenue of the United States has hit a record high, while the prices of most commodities including gasoline and food are falling, and the inflation level has also fallen. He emphasized that "the promise has been fulfilled" and said that the current economic results have verified the effectiveness of his policies.
From the Three Laws of Robotics to AI Consensus, the Evolution of AI Security

The first thing that needs to be solved when combining AI with blockchain is the balance between data transparency and privacy protection. The iteration of encryption technology makes everything possible.
Interactive tutorial | Towns, led by a16z and to issue tokens in Q2, is not too late to participate now

With a total financing amount of US$35.5 million, will Towns give the decentralized social track another chance?
Analysis: BTC bullish sentiment has recovered, Binance buy/sell ratio has returned to neutral zone

CryptoQuant analyst DarkFost pointed out that the BTC Taker Buy/Sell Ratio on the Binance platform has returned to the neutral zone, currently at 1.008, indicating that buyer power is re-dominant in the market and BTC bullish sentiment is showing signs of recovery. On April 14, when Bitcoin was trading above $86,000, the ratio once exceeded 1.1. Currently, BTC is trading at $83,810, down 1.47% in the past 7 days. If the price returns to $85,000, CoinGlass data shows that nearly $637 million of short orders will face liquidation risks. BTC's market share has risen to 63.81%, up nearly 10% this year, and CoinMarketCap's Altcoin Season Index shows that it is still "Bitcoin season". Although the overall market sentiment is still cautious (the fear index is 29), analysts generally believe that BTC demand is in the recovery stage. Real Vision analyst Jamie Coutts believes that the market may underestimate the possibility of BTC hitting a new high in the second quarter. AnchorWatch CEO Rob Hamilton said that the current price volatility is due to the "tug-of-war between tax and tax refund funds in the market." (Cointelegraph)
Ethereum Narrative Crisis: Why Has Seven Years of Ecosystem Development Struggled to Overcome Market Indifference?
Analyst: Binance Derivatives Market Maker Buy/Sell Ratio has returned to the neutral zone, indicating a warming bullish sentiment
Ethereum spot ETF had a total net outflow of $14.1821 million yesterday, continuing its net outflow for 6 consecutive days

According to SoSoValue data, yesterday (April 15, Eastern Time), the total net outflow of Ethereum spot ETFs was $14.1821 million. The Ethereum spot ETF with the largest net outflow in a single day yesterday was Grayscale ETF ETHE, with a single-day net outflow of $10.5707 million. Currently, ETHE's total net outflow has reached $4.237 billion. The second is Fidelity ETF FETH, with a single-day net outflow of $3.6114 million. Currently, FETH's total net inflow has reached $1.358 billion. As of press time, the total net asset value of Ethereum spot ETFs is $5.357 billion, and the ETF net asset ratio (market value to Ethereum's total market value) is 2.78%, and the historical cumulative net inflow has reached $2.256 billion.
Bitcoin spot ETFs had a total net inflow of $76.4151 million yesterday, with BlackRock's Bitcoin ETF IBIT leading the way with a net inflow of $38.2155 million

According to SoSoValue data, yesterday (April 15, Eastern Time), the total net inflow of Bitcoin spot ETFs was $76.4151 million. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was Blackrock's Bitcoin ETF IBIT, with a single-day net inflow of $38.2155 million. Currently, IBIT's total net inflow has reached $39.643 billion. The second largest was Ark Invest and 21Shares' ETF ARKB, with a single-day net inflow of $13.4184 million. Currently, ARKB's total net inflow has reached $2.598 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $93.719 billion, and the ETF net asset ratio (market value to Bitcoin's total market value) reached 5.62%, with a historical cumulative net inflow of $35.437 billion.
Yesterday, the US Ethereum spot ETF saw a net outflow of $14.2 million
Grok is launching the first version of Grok Studio, which includes code execution and Google Drive support.
Yesterday the US Bitcoin Spot ETF saw a net inflow of $76.4 million
111 million ZK tokens were stolen and discovered 2 days later, ZKsync fell into Endgame ahead of schedule

The theft increased the circulating supply of ZK tokens by 0.45%, and the official has not yet proposed a solution.
Bitget will launch GOMBLE (GM) spot trading

Bitget will list GOMBLE (GM) in the Innovation Zone and GameFi Zone. The deposit channel is now open, and the trading channel will be open at 18:30 (UTC+8) on April 16.
BitMart will list Furfication (FUR)

According to the official announcement, BitMart will launch Furfication (FUR) at 12:00 (ET) on April 16, and the FUR/USDT trading pair will be available. Meme coins on Solana.
Analysis of Yei Finance, the leader of Sei Ecosystem: a stablecoin gold mine in cooperation with Binance Wallet

12%+ real-time APY, plus potential airdrop expectations.
The TRUMP project withdrew $4.6 million by removing liquidity 13 hours ago, and deposited it into Coinbase Prime after crossing the chain to Ethereum.

According to @lookonchain monitoring, the TRUMP project withdrew $4.6 million USDC from the pool by removing liquidity 13 hours ago, and then transferred the funds across chains to Ethereum and deposited them in Coinbase Prime.
Trump Initiates Investigation into the Necessity of Imposing Tariffs on Critical Mineral Imports
Ethereum Narrative Crisis: Why Has Seven Years of Ecosystem Building Faced Market Cold Shoulder?
U.S. Former President Biden: This administration caused remarkable devastation and destruction in less than a hundred days in office
Spot Gold Breaks $3280/oz, Continues to Hit All-Time High
Driven by Liquidity Incentives, Unichain TVL Soars to $71 Million
TRUMP project team removed liquidity worth $4.6 million and deposited it into Coinbase Prime
CoinGecko report reveals LBank's core competitiveness: industry-leading coin listing speed

According to the latest report from CoinGecko, LBank has demonstrated strong competitiveness in terms of transaction data, product innovation and ecological layout. Data shows that LBank's average daily transaction volume exceeds US$3 billion, its contract business supports 200x leverage and zero-delay matching system, and it has established a US$100 million futures protection fund to resist the risk of plug-in. Among them, LBank Meme coin is the industry leader in listing, and some projects have increased by more than 500% after listing. At the same time, the platform optimizes the liquidity of Meme coins and launches a pre-market compensation mechanism to reduce user risks. In terms of ecological layout, LBank has joined hands with GMGN to strengthen Meme data analysis, take the lead in implementing the DEXX donation plan, and continue to publish Meme market reports to continue to consolidate its leading position in this field.
Analysis: Federal Reserve Refuses to Accelerate Market Rescue Reforms, Powell May Be Edged Out by Trump
Gate.io has launched pre-market trading of INIT perpetual contracts

According to official news, Gate.io has launched INIT perpetual contract pre-market trading (USDT settlement), supporting 1-10 times leverage.
CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy
An Overview of Open Ledger, Lead by Polychain: A Blockchain Network for the Specialized AI Language Model SLM
Polychain's AI+Blockchain Project: How Did OpenLedger Break the Mold with SLM Racing?
Data: Bitget's derivatives market share rose to 13.25%, ranking fourth in the world's CEX

According to CoinDesk's latest March exchange report, Binance ranked first in global derivatives trading volume with a market share of 39.66%. Bitget's market share increased to 13.25%, an increase of 3% from the fourth quarter of 2024, ranking fourth among global centralized exchanges.
XRP Charts 'Rising Wedge' To Signal Price Plunge: Technical Analysis

XRP's immediate prospects look bleak. (GoranH/Pixabay)
Week 14 On-Chain Data: Tariff Winds Intensify Market Chaos: Where Should Bitcoin Make Its Next Move?
Gate.io Launches INIT Perpetual Contract Pre-trading
Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders
Analysis: XRP falls below the "rising wedge" support and may face potential callback risks in the near future

XRP's "rising wedge" pattern broke in the technical chart, indicating that the recent rebound of $1.60 may have ended and sellers have regained control of the market. This pattern consists of highs and lows gradually converging, which usually indicates that the upward momentum is weakening. If the price falls below the lower track, it may trigger further declines. XRP has now broken through the Ichimoku cloud chart support, which strengthens the bearish signal. If it fails to break through the recent high of $2.18, the price may fall back to the $1.6 support level. (CoinDesk)
US Stock Futures Dive Further
Coinbase Research: Bitcoin Breaks Key Support, Market Possibly in Early Stage of Long-term Downtrend
Spot gold hits $3,290/oz, setting a new all-time high

Market data showed that spot gold hit $3,290 an ounce, setting a new record high and rising 1.87% on the day.
Coinbase Research: Multiple indicators show that the market may enter a new round of "crypto winter"

Coinbase Research released an analysis report pointing out that due to the escalation of global tariffs and macro uncertainties, the crypto market may have entered a new round of "crypto winter". The total market value after excluding BTC is currently $950 billion, down 41% from the high in December 2024 and 17% lower than the same period last year. The report pointed out that major assets including the COIN50 index and BTC have fallen below the 200-day moving average, indicating that the overall market has entered a downward trend. Although crypto financing rebounded slightly in the first quarter of 2025, it is still down about 50%-60% from the high point of the 2021-22 cycle, which limits the entry of new capital, especially for Altcoin. Coinbase said that if market sentiment is cleared, it may usher in a turnaround in the middle of the year, but a defensive strategy still needs to be maintained in the short term.
Brazilian fintech company Meliuz plans to designate Bitcoin as a strategic asset and increase its Bitcoin holdings
IOSG: Web3 Consumer Application Paradigm and Investment Thesis Reflection
IOSG In-Depth Report: Unveiling the Harsh Reality of Web3 Consumer App Survival Rate at Only 7%
Influenced by the listing on Upbit, WCT rose by more than 35% in a short period of time

OKX market data shows that WCT briefly touched 0.477 USDT, a short-term increase of more than 35%, and is now at 0.4406 USDT. According to previous news, Upbit will launch WCT Korean Won, BTC and USDT trading pairs.
Affected by the Upbit listing news, WCT experienced a short-term price surge of over 30%.
Upbit Adds WCT KRW, BTC, USDT Trading Pairs
Orderly, a liquidity infrastructure provider, has launched OmniVault.
Data: Bitget Derivatives Market Share Rises to 13.25%, Ranking Fourth Among Global CEX
Upbit lists Myshell (SHELL) and Deepbook (DEEP) for BTC and USDT trading
LBank has launched FUR U-margined perpetual contracts

According to the official announcement, LBank has launched the FUR U-based perpetual contract at 12:00 (SGT) on April 16, 2025, with a maximum leverage of 20 times.
Affected by the listing of Upbit, SHELL briefly broke through 0.15 USDT

Market data shows that SHELL briefly broke through 0.15 USDT and is now at 0.1366 USDT, with a 24-hour increase of 22.89%. According to previous news, Upbit launched the SHELL and DEEP trading pairs today.
Cardano’s ADA Leads Majors Slide Amid Bitcoin Profit-Taking; ProShares Amends XRP ETF

Bull and Bear
Upbit has added the Myshell (SHELL) and Deepbook (DEEP) BTC and USDT trading pairs.
Bitunix Analyst: Canada Launches Solana Spot ETF, SOL Eyes $122 Support and $149 Resistance
Affected by the Upbit listing news, both SHELL and DEEP experienced a brief price surge.
Matrixport: Bitcoin ETF capital inflows are concentrated in leading institutions, reflecting that institutional demand is stronger than the widespread participation of retail investors

Matrixport released a chart today saying that in 2025, the net inflow of funds into Bitcoin ETFs will be just above zero, despite a strong performance at the beginning of the year, with inflows of nearly $5.5 billion. This phenomenon is quite unexpected, as Bitcoin has outperformed US technology stocks this year and gold has also hit a record high. It is worth noting that the total net inflow of Bitcoin ETFs was $35.5 billion, of which BlackRock accounted for $39.6 billion and Fidelity accounted for $11.4 billion, which together accounted for the vast majority of the share. In contrast, inflows from other ETF issuers were relatively limited. This suggests that the current buying is more likely to come from a specific group of institutional clients rather than being driven by broad retail funds - if the latter, inflows will be more evenly distributed among various ETF providers.
Matrixport: Bitcoin ETF Fund Inflow Dominated by Top Institutions, Reflecting Strong Institutional Demand over Retail Broad Participation
AB is about to be listed on Bitget PoolX and CandyBomb, where users can participate in a lock-up or trading to receive AB airdrop rewards.
AB will be listed on Bitget PoolX and CandyBomb soon. Lock or trade to share AB airdrops

Bitget PoolX is about to launch project AB, with a total prize pool of 135,173,000 AB. The lock-up channel is open from 18:00 on April 16 to 18:00 on April 30 (UTC+8), details are as follows: AB lock-up pool: Total airdrop: 26,247,000 AB Personal lock-up limit: 40,000,000 AB BGB lock-up pool: Total airdrop: 108,926,000 AB Personal lock-up limit: 8000 BGB In addition, you can participate in the CandyBomb special event and trade to share 78,134,000 AB. The event is open from 18:00 on April 16 to 18:00 on April 23 (UTC+8).
Coin Metrics: Analyzing Circle's IPO Filing and USDC's On-Chain Footprint
The U.S. Political and Business Sectors Call for Consensus Between China and the U.S. Through Dialogue
Coin Metrics: Analyzing Circle's IPO Filing and $USDC's On-Chain Footprint
Net Outflow of 2367.79 BTC from CEX in the Last 24 Hours
Bitget will launch the Launchpool project GOMBLE (GM), lock BGB to earn 15 million GM

Bitget is about to launch the Launchpool project GOMBLE (GM), with a total reward pool of 15,454,000 GM. The lock-up period is from 18:30 on April 16 to 18:30 on April 21 (UTC+8). The details of this round of Launchpool are as follows: The upper limit of ordinary user pledge: 5000 BGB The upper limit of VIP user pledge: 30,000 BGB Total reward pool: 15,454,000 GM GM/USDT trading opening time: April 16, 18:30 (UTC+8).
XRP's 'Rising Wedge' Pattern Signals Price Plunge: Technical Analysis

XRP's immediate prospects look bleak. (GoranH/Pixabay)
Bitget will list the Launchpool project GOMBLE (GM), allowing users to lock up BGB to earn 15 million GM.
Bitget Onchain Trading (Onchain) launched projects such as GROKCOIN, drwaify, Fur and other tokens

Bitget Onchain has launched Solana ecosystem’s MEME tokens GROKCOIN, drwaify, Fur, HRT, and JOVIAL. Bitget Onchain aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly use the spot account (USDT/USDC) in the Bitget App to trade popular assets on the chain. Currently, popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base are supported.
Presidential candidate Hong Jun-pyo promises to emulate the Trump administration and actively promote the blockchain and cryptocurrency industry
Platform Token Valuation Revolution: Examining the Long-Term Exchange Ecosystem Battle Through the Quiet Rise of GT Market Cap
OKX to Expand to the U.S., Establish Regional Headquarters in California

OKX President Hong Fang speaking at Consensus Hong Kong, 2025 (CoinDesk)
Airdrop Hunter Fast Track: 8 Top Zero-Cost Airdrops and Participation Guide
Platform Token Valuation Revolution: Examining the Long-Term Exchange Ecosystem Game through the Quiet Rise of GT Market Cap
South Korean presidential candidate: Will follow the US government's example and significantly relax regulations on blockchain and virtual assets

South Korean presidential candidate Hong Joon-pyo said at a press conference at his campaign office in Yeouido on the 16th that he would follow the example of the Trump administration in the United States to significantly relax regulations, promote blockchain and virtual assets to become independent industries, and introduce blockchain technology into the public sector and administrative services. Hong Joon-pyo emphasized that the virtual asset industry will become a new growth point for the South Korean economy. Hong Joon-pyo also proposed a "new industry without threshold" system, allowing new technologies and new businesses to enter the market without prior government approval. This policy is expected to provide a more relaxed innovation environment for blockchain startups. In addition, he plans to abolish the 52-hour work week in cutting-edge industries and provide more flexible labor support for technology research and development fields such as blockchain.
Binance will delist the RAY/BNB, TNSR/BTC, and other trading pairs and cease trading
Coinbase Monthly Outlook: Is Crypto Winter Coming? How Far Is the Market From Rebounding?

It is expected that the market will stabilize in the middle and late second quarter of 2025 and rebound in the third quarter.
Jefferies: The era of a strong dollar has peaked, and the dollar may weaken further

The dollar fell on continued concerns about the impact of Trump's tariffs on the U.S. economy. "Questions have been raised about American exceptionalism and the credibility of the dollar as a reserve currency," Jefferies economist Mohit Kumar said in a report. He said that in the medium term, tariffs may reduce the reliability of the United States and investors will look for other destinations. He said that the era of a strong dollar has peaked and the dollar may weaken further. As central banks seek to reduce their reliance on the dollar, gold prices may benefit. (Jinshi)
Strategy's market value surpasses BNB and ranks 246th in the global asset market value ranking

According to 8marketcap data, Strategy's market value has risen to US$83 billion, with a 4.67% increase in the past 7 days, surpassing BNB (US$82.66 billion) and temporarily ranking 246th in the global asset market value ranking.
Strategy surpasses BNB in market capitalization, currently ranking 246th on the global asset market cap list
Institution: The era of the strong US dollar has peaked, and the dollar may further weaken
BNB Completes 31st Quarterly Token Burn, Equivalent to $916 Million

The BNB Foundation announced the successful completion of the 31st quarterly BNB token destruction, which destroyed a total of 1,579,207.72 BNB, equivalent to approximately $916 million. After this destruction, the remaining number of BNB to be destroyed is 40,886,572.43, and the total supply is 139,311,899.514.
BitMart Market Report: BTC fluctuated and fell during the day, and altcoins lacked market popularity

According to BitMart's market report on April 16, the total market value of the cryptocurrency market is 2.65 trillion US dollars, down 1.06% from the previous day. BTC fluctuated and fell, and is still around $84,000; ETH followed the market ups and downs and is currently around $1,600; altcoins generally fell, and the market lacked hot spots; the comprehensive long-short ratio was 1.05, and the bullish force was at a 24-hour high; Justin Sun unpacked nearly $150 million of ETH from Ethfi, which may cause selling pressure on the market in the future, and investors need to pay attention to risks.
BNB Foundation Completes 31st Quarterly BNB Burn, Burning BNB Worth Over $900 Million
Liquidity infrastructure Orderly launches OmniVault

According to official news, the liquidity infrastructure Orderly launched OmniVault, and ordinary DeFi users can also become liquidity providers (LP) and earn high returns in a passive way. OmniVault adopts a market-making strategy managed by a trusted institution, allowing LPs to deposit USDC and earn returns on multiple networks supported by Orderly. The returns earned by LPs are guaranteed by market maker Kronos. Ran Yi, co-founder of Orderly, said: "In the DeFi field, it is not easy to achieve a balance between high annualized returns (APY) and low risks, but in OmniVault, we have created a solution that optimizes both. For liquidity providers who don't want to keep an eye on APY, token prices and other parameters, OmniVault is an ideal 'deposit and forget' strategy-users only need to provide USDC, and then they can rest assured that Orderly's market makers will take care of everything."
Foreign Ministry Responds to US Imposing 245% Tariffs on China: China Is Unwilling to Fight, But Not Afraid to Fight
Platform Token Valuation Revolution: Examining the Long-Term Game of Exchange Ecosystem Through GT Market Cap's Quiet Rise
The Ministry of Foreign Affairs responded to the US's 245% tariff increase on China: China does not want to fight, but is definitely not afraid of it

At today's regular press conference of the Ministry of Foreign Affairs, a reporter asked that the latest statement on the White House's official website stated that due to China's retaliatory measures, the US tariffs on China have increased to 245%. In response, Foreign Ministry spokesman Lin Jian said that you can ask the US about the specific tax rate. China has repeatedly stated its solemn position on the tariff issue. This tariff war was initiated by the United States. China has taken necessary countermeasures to safeguard its legitimate rights and interests and international fairness and justice, which is completely reasonable and legal. There are no winners in tariff wars and trade wars. China does not want to fight, but it is not afraid of fighting. (CCTV News)
Currently, mainstream CEX and DEX funding rates indicate a market trend reversal to a bearish sentiment
Data: TRUMP will unlock 40 million tokens on April 18, accounting for about 20% of the circulating supply

According to Ai Yi, an analyst on the chain, the TRUMP Dev address removed 366,000 TRUMP and 4.6 million USDC liquidity from Meteora 16 hours ago. Currently, the address has 14.72 million TRUMP and 200 million USDC liquidity in Meteora, and the chain still holds 15.38 million TRUMP, worth $120 million. In addition, TRUMP will unlock 40 million tokens on April 18, accounting for about 20% of the circulating supply and 4% of the total token supply.
TRUMP is set to unlock 40 million tokens on April 18, representing approximately 20% of the circulating supply.
Binance will launch AERGOUSDT USDT perpetual contract

According to the official announcement, Binance Futures will launch the AERGOUSDT perpetual contract at 19:00 (ET8) on April 16, 2025, with a maximum leverage of 15 times.
FUR rose above 0.005USDT, with the largest increase since its listing on LBank reaching 261%

LBank market data shows that LBank's listed token FUR has risen above 0.005USDT, reaching a high of 0.005415USDT. It is currently quoted at 0.004437USDT, with a 24-hour increase of 121%. Since the launch of LBank, the maximum increase has reached 261%, and the current market value is approximately 4.44 million US dollars.
Spot gold rises to $3,300/ounce, setting a new record high

Market data showed that spot gold continued to rise to hit $3,300 an ounce, with a daily increase of more than 2%.
Spot Gold Surges Above $3300 per Ounce, Hits New All-Time High
Binance will list AERGOUSDT Perpetual Contract
US Stock Pre-market: Nvidia down 6.83%, Tesla down 3.03%
US Stock Crypto Concept Stocks Experience Pre-Market Downtrend, with Strategy Down by 2.90%
Nvidia fell 6.83% in pre-market trading, while Tesla fell 3.03%

Before the US stock market opened, Nvidia fell 6.83%. The company faces $5.5 billion in expenses in H20 due to US export restrictions. Tesla fell 3.03%, ASML fell 5.4%, and new orders in Q1 fell sharply by 45%, far below expectations. European stocks fell by more than 7% at one point. (Jinshi)
Gold stocks rose across the board before the US stock market opened, with Harmony Gold rising more than 8%

Gold stocks generally rose before the US stock market opened, with Harmony Gold (HMY.N) up more than 8%, Gold Fields (GFI.N) up nearly 8%, Anglogold up 6%, and Cordellen Mining (CDE.N) up more than 4%. (Jinshi)
Foreign Ministry Responds to US Imposing 245% Tariffs on China: China Is Not Willing to Fight, But Is Also Not Afraid to Fight
Bitcoin has dropped by 16.7% since the US tariff announcement, yet it has not demonstrated the characteristics of a safe-haven asset.
Powell will attend the Chicago Economic Club event tonight and deliver a speech
MANTRA DAO Reiterates Commitment: Will Burn Personal OM Shares and Implement Comprehensive OM Burn Program
Bithumb will launch WCT Korean Won market trading

According to the official announcement, Bithumb will launch WCT Korean Won market transactions.
MANTRA reiterated that it will destroy its personal OM shares and create a comprehensive destruction procedure for OM

MANTRA co-founder JP Mullin posted on X: “To be 100% clear, I declare that I am destroying my team tokens and we will create a comprehensive destruction program for the rest of the OM supply.”
There is a significant price difference between WCT spot and futures on the Binance platform.
WCT 24-hour Growth Widens to 217%, Currently at $0.6358
Bithumb will list WCT KRW market trading
Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs

Gold bar (Scottsdale mint/Unsplash)
Data: Binance WCT is currently trading at $0.611, with a price difference of $0.09 compared to OKX

OKX and Binance market data show that the current price of WCT on OKX is 0.521 USD, and the current price of WCT on Binance is 0.611 USD. There is a price difference of 0.09 USD between Binance and OKX.
VanEck: Bitcoin is expected to account for 10% of global trade settlements in the context of de-dollarization

Matthew Sigel, head of digital asset research at VanEck, published research results showing that the U.S. dollar, Japanese yen, British pound and euro are depreciating over time, especially in cross-border payments. This shift is because trading bodies are minimizing the potential risks posed by U.S. sanctions and the SWIFT payment system. Matthew Sigel added that as the demand for neutral payment channels that circumvent U.S. dollar sanctions grows, the sovereign adoption of Bitcoin is accelerating this year. He predicts that in the context of de-dollarization, Bitcoin will account for 10% of global international trade settlements, and will push central banks to hold 2.5% of their assets in Bitcoin, ultimately making Bitcoin one of the world's reserve currencies.
There is a significant price difference for the WCT token on the Binance and OKX platforms.
An address that has been dormant for 2 years withdrew 100 BTC from a CEX, equivalent to approximately $8.33 million.
Bitcoin Surges Above $84,000
Crypto Winter Appears to Have Arrived With Bitcoin, Top 50 Tokens Falling Into Bear Market Territory: Coinbase Institutional

Winter (CoinDesk Archives)
WCT rose 50.6% in 24 hours and is now trading at $0.5813

According to CoinGecko data, WCT rose 50.6% in 24 hours and is now trading at $0.5813. Among CEX trading volumes, Gate.io accounts for 6.43%, with a trading volume of more than $47 million.
Localized Frenzy or Overall Recovery? Data Analysis of Solana Chain MEME Whale Movements and Market Differentiation
A wallet that had been dormant for 2 years withdrew 100 BTC from Binance 1 hour ago, equivalent to about 8.33 million US dollars

According to Lookonchain monitoring, a wallet that had been dormant for two years withdrew 100 bitcoins from Binance an hour ago, worth approximately $8.33 million.
Is Solana About to Recover? Analyzing On-Chain MEME Whale Movement
If Trump shows respect and designates a contact person, China is willing to engage in dialogue with the United States
US Stock Crypto Concept Stocks See Pre-market Losses Narrow, Strategy Down 1.67% Now
Bank of America: Investors' risk appetite falls to near two-year low

Bank of America's monthly global fund manager survey showed that investors' risk appetite fell in April to the lowest level since May 2023. The survey found that a net 46% of investors said they were taking less risk than normal. (Jinshi)
If Bitcoin drops below $82,000, the mainstream CEX long liquidation pressure will reach $1.098 billion.
Understanding OKZOO: Opening up the frontier of AIoT with independent hardware and explosive growth

Unique positioning, clear vision, technological innovation, strong market traction and key manufacturing advantages.
Privacy & Verifiability Student Hackathon Recap

The Privacy and Verifiability Hackathon, organized by the Blockchain Student Association of the Swiss Federal Institute of Technology in Lausanne (EPFL), focuses on blockchain privacy and verifiability technology innovation. Through a 26-hour extreme challenge, it attracts developers to collaborate on privacy enhancement methods and verifiable blockchain solutions.
SUCI Blockchain Hub AI Hackathon Review

The AI Hackathon hosted by SUCI Blockchain Hub and sponsored by CodeX was held offline in Ho Chi Minh City, Vietnam in March 2025. It focused on real asset integration and AI agent development, encouraged innovation through the establishment of multiple awards, promoted technical exchanges and collaboration, and demonstrated the potential for deep integration of AI and blockchain technology.
CoinGecko: LBank seizes the Meme market with its fastest coin listing advantage

CoinGecko’s latest report shows that LBank has the fastest coin listing speed among centralized exchanges and occupies an important share of the meme asset market, demonstrating its core competitiveness.
RWA Stablecoin Yield Protocol R2 Officially Becomes Ondo Finance Liquidity Provider

According to official news, R2 Protocol has successfully completed Ondo Finance's KYB audit and asset verification, officially becoming its liquidity provider (LP), and incorporating OUSG into the underlying asset portfolio of R2USD. The two parties will continue to cooperate in the field of stablecoins and real-world yield (RWA Yield) to jointly promote the development of real yield infrastructure on the chain. R2 is also communicating with multiple compliant MMFs and will announce more news soon. It is reported that the R2 test network will be officially launched at 13:00 Beijing time on April 17, when users can participate in interactive tasks through official platforms and obtain simulated income and double points rewards.
QCP: Bitcoin Fails to Gain Safe Haven Appeal, Participants Still Lean Defensive Until a Clearer Picture Emerges
QCP: Bitcoin is not favored as a safe haven, participants still prefer to defend until a clearer situation emerges

QCP said today that the United States has demonstrated its strength and strategic brinkmanship, implementing deterrence tactics through exaggerated tariff figures. The bond market is beginning to send warning signals. The 10-year Treasury yield soared to 4.6%, and the 30-year Treasury yield broke through 5%, disrupting risk sentiment. If Trump hopes to promote a stock market rebound during his term, long-term yields must fall, not rise. The sell-off in the bond market has increased pressure on the Fed to intervene. Now it seems to be approaching a turning point. Last week, the Fed said it was ready to take action to stabilize financial conditions. Governor Waller further emphasized this shift, suggesting that the Fed's attention is turning to recession risks, implicitly downplaying the problem of persistent inflation, which they now describe as "transient". The Fed has previously applied the "transient" label to a variety of inflation cycles, but these cycles are far from temporary. Nevertheless, the Fed's protection mechanism is gradually approaching, and the market now expects 3.5 rate cuts in 2025. Meanwhile, gold continues to rise as geopolitical tensions increase. As U.S. Treasuries and the US dollar lose some of their traditional safe-haven appeal, gold has now become the market's preferred store of value. Unlike gold, Bitcoin has not gained safe-haven demand. The “alternative store of value” narrative has failed to gain traction in the current macro environment. Market participants’ stance remains defensive. They are still focused on hedging downside risks until a clearer picture emerges.
KuCoin will list SOON in Pre-Market

According to KuCoin's official announcement, KuCoin will list SOON on the Pre-Market trading market, and trading will be open at 18:00 (UTC+8) on April 16. It is reported that SOON is a Rollup stack based on Solana Virtual Machine (SVM), focusing on accelerating the adoption of SVM and promoting Solana-level high-performance blockchain solutions, aiming to provide more efficient and lower-cost infrastructure than traditional public chains. SOON mainnet has been launched on Ethereum and BNB, and unlocked new application scenarios in major ecosystems.
A whale accumulated 3079.8 ETH at an average price of $1559.
Since October 2020, each BNB has received an airdrop yield of up to $318.24.
AB DAO Teams Up with Bitget to Launch Dual Incentives, Empowering Global Users to Share $2.6 Million Value in $AB
A whale spent 4.802 million USDC to buy 3079.8 ETH an hour and a half ago, with an average price of $1559

According to on-chain analyst Ember, the whale nemorino.eth spent 4.802 million USDC to buy 3,079.8 ETH an hour and a half ago, at an average price of $1,559. Previously, the whale nemorino.eth believed that ETH would continue to fall in February and March, and sold 15,800 ETH (about $38.1 million) at an average price of $2,407.
AB DAO Teams Up with Bitget to Launch Dual Incentives, Empowering Global Users to Share $2.6M Worth of Value in $AB
OKZOO: Pioneering the New Frontier of AIoT with In-house Hardware and Explosive Growth
Bitget Launches On-Chain Rebate Program, Enabling Cross-Ecosystem Revenue between CEX and DEX
OKZOO: Pioneering AIoT New Frontier with In-house Hardware and Explosive Growth
A whale withdrew 16,950 BNB from a CEX and sold 9,550 BNB.
Bybit will list VTHO/USDT spot trading.
Bank of America Survey Shows Investors Favor European Stock Market
Cryptocurrency Asset Valuation Model Exploration
Bitget launches the first on-chain rebate program to achieve cross-ecological benefits between CEX and DEX

Bitget officially launched the industry's first on-chain rebate program, extending the rebate mechanism from centralized exchanges (CEX) to the on-chain ecosystem. Through this plan, partners can receive up to 40% on-chain transaction rebates when promoting Bitget's on-chain trading (Onchain) products, and can be superimposed with the existing spot and contract rebate structure to encourage community co-builders to achieve multi-channel benefits between CEX and DeFi. The Bitget on-chain rebate program is open to partners around the world. After joining, partners will receive an exclusive referral link that can simultaneously promote spot, contract trading and Bitget on-chain trading (Onchain). In addition to basic rebates, Bitget also has a tiered incentive mechanism. Partners with a monthly trading volume of US$20 million can be promoted to the highest rebate level, continuing to encourage long-term cooperation and ecological co-construction.
AB DAO Teams Up with Bitget to Launch Dual Incentives, Empowering Global Users to Share $2.6 Million in Value $AB
Trump: Today Will Discuss Tariffs and Other Issues with Japan
A whale withdrew 16,950 BNB from CEX and sold 9,550 of them

According to OnchainLens monitoring, a whale withdrew 16,950 BNB (about $9.9 million) from Binance 19 hours ago. Currently, the whale has sold 9,550 BNB in exchange for $5.53 million in USDC and USDT, and deposited $5.07 million into Aave V3. The whale still holds 7,200 BNB (about $4.16 million) and may continue to sell to deposit into Aave.
Trump: Japan will come to the United States today to negotiate on tariffs

US President Trump said that Japan will come to the United States today to negotiate on tariffs. I will participate in the talks with Japan. The US Treasury Secretary and Commerce Secretary will also attend the meeting. I hope to find a solution. Military support costs and trade fairness are one of the topics of the talks. (Jin Shi)
A whale repurchased 11.21 million Fartcoins about 8 hours ago, with an average price of $0.89

According to Lookonchain monitoring, about 8 hours ago, a whale address purchased 11.21 million Fartcoins for about US$9.97 million, with an average price of about US$0.89. Previously, the address purchased 13.39 million Fartcoins for US$8.15 million, with an average price of about US$0.61, and sold them at a price of about US$0.86, making a profit of about US$3.33 million.
Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses

BTC near previous capitulation levels. (Unsplash, mana5280)
OKZOO: Pioneering the New Frontiers of AIoT with In-house Hardware and Explosive Growth
A whale increased their holdings by an average price of $0.89, acquiring 11.21 million Fartcoins.
Janover, a US listed company, increases its stake in Solana and reaches a staking cooperation with Kraken

Janover, a US-listed company, has purchased another 80,567 SOL (about $10.5 million), bringing its total holdings to 163,651.7 SOL (about $21.2 million). The company, which is controlled by the former Kraken executive team, officially announced a strategic partnership with Kraken, under which Kraken will entrust part of the Solana staking rights to the validator nodes operated by Janover. Janover plans to change its name to DeFi Development Corporation and will immediately begin staking the newly purchased SOL to generate income. Janover's stock price has risen 1,732% since the implementation of the Solana acquisition strategy. (The Block)
April 16th Market Key Insights, How Much Did You Miss?
Powell to Confront 'Trump Tariff Shockwave' Tonight: Fed Independence to Face Ultimate Test in 2024
Upbit 24-Hour Spot Trading Volume Ranking: AERGO, ARDR, XRP Top Three
California Governor: California will file a lawsuit against Trump's tariff measures

California Governor Newsom: California will file a lawsuit against Trump's tariff measures. (Jinshi)
California Governor: California Will Sue Over Trump's Tariffs
DWF Labs has spent $25 million to buy WLFI tokens
Gate.io has launched AQA spot trading and started Launchpool staking mining

According to the official announcement, Gate.io has launched AQA spot trading at 19:00 (UTC+8) on April 16, and opened AQA staking mining from 19:00 on April 16 to 19:00 on April 23 (UTC+8). Staking USDT and AQA to participate in Launchpool can share 5,000,000 AQA for free. Among them, the AQA mining pool is expected to reach an annualized rate of 260.71%, and the USDT new user pool is expected to reach an annualized rate of 104.29%.
California Sues Trump over Tariff Policy, Calling It Illegal and Damaging to the Economy
Crypto Daybook Americas: Bitcoin Drop Deepens as U.S.-China Trade War Escalates

Chinese President Xi Jinping
Coinbase: Bitcoin may rebound in Q3, and its ability to resist macro market headwinds is increasing

Coinbase pointed out in its monthly market assessment report that compared with traditional financial markets, Bitcoin's ability to resist macroeconomic headwinds is increasing, and the decline is relatively small. Although cryptocurrencies are in a bear market, they may rebound in the third quarter. However, Coinbase researchers said that the cyclical outlook in the digital asset field remains difficult and recommends continued caution in the next four to six weeks. As Bitcoin's role as a means of storing value continues to increase, a comprehensive assessment of the overall market activity of cryptocurrencies is needed to better define the bull and bear markets of this asset class. (Cointelegraph)
Bitwise Lists Four Crypto ETPs on London Stock Exchange

Crypto asset management company Bitwise has listed four crypto exchange-traded products (ETPs) on the London Stock Exchange, including Bitcoin Core ETP, Physical Bitcoin ETP, Physical Ethereum ETP and Ethereum Collateral ETP, targeting professional investors in the UK. The series of products have been issued in Germany before, and now it is expanding into the European market with the help of LSE.
Bitwise Lists Four Cryptocurrency ETPs on the London Stock Exchange
pump.fun Only 1 Token Has Graduated in the Last 24 Hours with a Market Cap Exceeding $1 Million
Binance platform WCT 4-hour funding rate reaches the lower limit of -2%

The market shows that the 4-hour funding rate of WCT on the Binance platform has reached the lower limit of -2%. Note: When the funding rate is positive, long positions need to pay funding fees to short positions. When the rate is negative, short positions need to pay funding fees to long positions.
Glassnode: Bitcoin HODLer Net Position Change indicator hits a yearly high as various wallet types re-enter accumulation mode
Binance Platform WCT Funding Rate Reaches Lower Limit of -2%
Opinion: If the United States buys 1 million BTC, it may push the price to $1 million

Zach Shapiro, policy director of the Bitcoin Policy Institute (BPI), said: "If the United States announces the purchase of one million bitcoins, it will cause a global shock, the price of bitcoin will soar, and it may soon rise to about one million US dollars." BPI Executive Director Matthew Pines pointed out that if Trump wants to fulfill his promise to become a Bitcoin superpower, it ultimately depends on how much Bitcoin the United States owns, which will measure the extent to which Trump has fulfilled this verbal goal. (Cointelegraph)
Bitcoin ETF fund outflow trend continues, only Grayscale BTC Mini Trust has net inflows so far in April

Despite the recent rebound in Bitcoin prices, some investors are still withdrawing funds from Bitcoin ETFs, causing Bitcoin ETFs to continue to face capital outflows since April. Data shows that as of mid-April, the outflow of Bitcoin ETf funds has reached US$812.3 million, among which the iShares Bitcoin Trust Fund (IBIT) under BlackRock has the highest outflow amount, reaching US$393.2 million. Grayscale Bitcoin Mini Trust Fund is the only ETF with net inflows. (Yahoo Finance)
Due to recent market fluctuations, OKX has delayed adjusting the USDT leverage gradient level

According to the official announcement of OKX, due to the recent large fluctuations in the market, in order to protect the interests of platform users and avoid affecting users' normal transactions, the USDT leverage gradient gear adjustment plan originally scheduled for 2:00 ~ 6:00 pm (UTC+8) on April 15, 2025 will be postponed to 2:00 ~ 6:00 pm (UTC+8) on April 25, 2025; this adjustment will not increase the risk level of the position.
Opinion: If the United States Buys 1 Million BTC, It Could Drive Bitcoin's Price to $1 Million
Mantra: The team has not sold any shares and will release OM token support plan soon

Mantra released a statement on the unexpected and large drop in the price of OM tokens, stating that there was no selling by the MANTRA team. 100% of the funds of the MANTRA mainnet OM team and advisory team remain locked, and the ERC-20 tokens are in public circulation and are not controlled by the team. Currently, there are 77.5 million OM tokens in circulation and more than 200,000 mainnet OM wallets. The initial forced liquidation sell-off created downward price pressure, and the resulting price drop triggered automatic liquidation events for leveraged positions with OM as collateral on various exchanges. Subsequent liquidations and collateral seizures created additional downward selling pressure, and some important OM traders were liquidated by centralized exchanges. MANTRA will release details of its OM token support plan, which will include an OM token buyback and supply destruction plan. MANTRA CEO John Patrick Mullin has publicly committed to destroying the tokens allocated to his team.
MANTRA Issues Statement on OM Price Plummet: Team Did Not Engage in Sell-Off, Plans to Initiate Buyback and Burn Mechanism
Four.meme officially joins the FAIR3 CTO Community to co-build a fair order
Global Liquidity Reconfiguration: How Does RWA Eats Up Traditional Finance's "Latency Arbitrage" Cake?
Crypto investment startup Glider completes $4 million financing, led by a16z

Crypto investment startup Glider completes $4 million in financing, led by a16z. (Fortune)
Bitget PoolX project AB open investment

Bitget PoolX is open for investment, with a total prize pool of 135,173,000 AB. The current AB yield is temporarily reported as 435.77% APR, and the BGB yield is temporarily reported as 109.99%. The lock-up channel deadline is 18:00 on April 30 (UTC+8), details are as follows: AB lock-up pool: Total airdrop: 26,247,000 AB Personal lock-up limit: 40,000,000 AB BGB lock-up pool: Total airdrop: 108,926,000 AB Personal lock-up limit: 8000 BGB In addition, you can participate in the CandyBomb special event and trade to share 78,134,000 AB. The event is open from 18:00 on April 16 to 18:00 on April 23 (UTC+8).
Glider Completes $4 Million Financing Round, Lead by a16z
ENS developer nick.eth suffered a phishing attack and has reported the issue to Google

ENS core developer nick.eth posted on the X platform that he encountered a highly complex phishing attack, which exploited two unpatched vulnerabilities in Google's infrastructure, successfully bypassed DKIM verification and passed the Gmail security warning, disguising himself as a real Google security reminder email. Attackers can build fake "support pages" through Google Sites to trick users into logging in and steal credentials. nick.eth said that he had reported the Hong Kong issue to Google, but received a reply that it "worked as expected". Google refused to fix the relevant logical vulnerabilities, and this attack method may appear frequently in the future.
Greeks.live: The structure of BTC block options orders this week is relatively complex, which may be due to market makers and large investors adjusting their position structures

Greeks.live macro researcher Adam posted on the X platform that the largest option block trade today was a Bitcoin Bear Ratio Diagonal Spread block trade, selling 1024BTC of current month at-the-money calls, and buying 512BTC of next month out-of-the-money calls, with a nominal face value of $130 million. Traders expect that short-term volatility is relatively overestimated and Bitcoin prices will not rise sharply before the near-month expiration. This week, option block trading has been much more active, mainly in mixed position adjustments. The structure of block orders is relatively complex, which should be due to market makers and large investors adjusting their position structures. Recently, IV has dropped very quickly. On the one hand, large investors took advantage of the high IV to sell in large quantities, and on the other hand, buyers suddenly weakened their purchasing power, and market makers are also making targeted adjustments.
ENS Lead Developer Targeted in Phishing Attack Due to Google Infrastructure Vulnerability and Yet to be Fixed
Immutable Insight: Web3 Gaming Raises Over $12 Billion Since 2020, AI Set to Catalyze the 2025 Rise of AAA Games
Bedrock: Kodiak's BR/wBERA Reward Pool Approved by Berachain Foundation's RFRV Batch 3

Bedrock posted on the X platform that Kodiak’s BR/wBERA reward pool has been approved by the Berachain Foundation’s RFRV third batch, which will help maintain a sustainable flow of revenue for the Bera and Bedrock ecosystems.
A whale sold 1,160 ETH after holding it for 11 months, losing $2.6 million

According to Lookonchain monitoring, a whale "surrendered" and sold 1,160 ETH after holding it for 11 months, losing $2.6 million. 11 months ago, he withdrew 1,160 ETH ($4.43 million) from OKX at a price of $3,816, and deposited it to OKX 30 minutes ago at a price of $1,580, losing $2.6 million (-58.6%).
MELANIA project team continues to sell tokens through a liquidity event: another 4 million tokens have been transferred out, worth $520,000, and added as single-sided liquidity
A Whale Liquidated 1160 ETH Holdings, incurring a $2.6 Million Loss
The MELANIA community allocated address continued to transfer out 4 million tokens 2 hours ago, worth $1.72 million

According to on-chain analyst Ember, the sale of $MELANIA by the project through group liquidity is still continuing: the community allocated address continued to transfer 4 million $MELANIA ($1.72M) to the new address 2 hours ago, and then added 1.2 million $MELANIA ($0.52M) to one-sided liquidity in Meteora. These $MELANIA added to the liquidity pool will be exchanged for SOL in the set range.
Bitcoin at Risk of Dropping to $75K if BTC's $83K Support Breaks, Chart Analysis Show

BTC's recovery rally stalls. (TradingView/CoinDesk)
Analysis: If BTC falls below the $83,000 support level, it may face the risk of falling to $75,000

CoinDesk analyst and chartered market technician Omkar Godbole wrote that Bitcoin's recovery has stalled, $86,000 has become a resistance zone, and key momentum indicators indicate a possible bearish shift. A drop below $83,000 could trigger a sell-off, and a closing price above $86,000 is needed to continue the recovery. If BTC falls below the $83,000 support level, it may face the risk of falling to $75,000. (CoinDesk)
VanEck Executive: Bitcoin Sovereign Bond Could Help Refinance $14 Trillion US Debt
U.S. Retail Sales Rise 1.4% in March, Largest Gain Since January 2023
Analysis: If Bitcoin breaks below the $83,000 support level, it may further decline to $75,000
Seeing the essence of tariff conflicts and the driving force behind Bitcoin’s rise: It’s time to buy at the bottom

With relations between major powers tense and the global economy deteriorating, who will benefit from this?
U.S. retail sales rose 1.4% in March, the largest increase since January 2023

The monthly rate of retail sales in the United States in March was 1.4%, the largest increase since January 2023, and the US expected 1.3%, with a previous value of 0.20%. (Jinshi)
Trump-Family Backed World Liberty Gets $25M Investment From DWF Labs

Andrei Grachev Managing Partner DWF LABS (LinkedIn)
CryptoQuant: Whale holdings decreased by about 30,000 BTC this week

CryptoQuant posted on the X platform that whales' holdings decreased by 30,000 bitcoins this week. On April 7, as the profit margin dropped to 33%, miners' daily outflow reached 15,000 bitcoins. The current net accumulation rate of bitcoin has dropped to the lowest level since February.
CryptoQuant: Whales have sold 30,000 bitcoins this week, and the current Bitcoin net accumulation speed has hit a new low since February
Resolv Labs Raises $10M as Crypto Investor Appetite for Yield-Bearing Stablecoins Soars

Resolv Labs co-founder and CEO Ivan Kozlov (Resolv Labs)
Resolv Labs Completes $10 Million Seed Round Led by Cyber.Fund and Maven11

Resolv Labs announced the completion of a $10 million seed round of financing, led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Susquehanna, Arrington Capital and Animoca Ventures. The agreement provides USR stablecoin holders with a crypto-native, Delta-neutral return strategy. This financing highlights the rapid growth of investors' interest in stablecoin protocols that generate returns for token holders. (CoinDesk)
Analyst: Crypto market volatility will continue until the macroeconomic situation eases, BTC's decline is a positive in the long run

Federal Reserve Chairman Jerome Powell will speak on U.S. monetary policy sentiment later today. Powell's speech at the Economic Club of Chicago and the U.S. March retail sales report, expected to be released on April 16, may give investors some insight into the Fed's outlook. Kirill Kretov, senior automated trading expert at CoinPanel, expects volatility in the crypto market to continue until the macroeconomic situation eases, but the analyst believes that market price fluctuations are not important. We are currently in a period of economic fragility and overall risk aversion. These sudden fluctuations (up or down) are usually just noise and are part of a broader move to get rid of the weak. Now, the problem is not fundamentals or charts, but emotions and narrative control. Puckrin, founder of Coin Bureau, said that a slight pullback in Bitcoin prices may actually be good. A short-term pullback to the $81,000 support level would be a healthy sign. As long as the BTC price remains above this level, it means that the price will continue to rise. Now we can only pray that Trump will not make any more earth-shattering statements. (The Block)
Panama allows government agencies to accept cryptocurrencies such as BTC and ETH

Mayer Mizrachi, mayor of Panama City, Panama's capital, posted on the X platform that the Panama City Council has voted to pass a proposal to allow government public institutions to accept cryptocurrency payments, including taxes, fines, tickets and license fees. The first batch of supported currencies include BTC, ETH, USDC and USDT. The program does not require the passage of new legislation, but instead cooperates with banks to convert crypto payments into US dollars to meet the legal collection requirements of public institutions.
Two years ago, a whale who bought ETH at an average price of $1819 per coin sold 5596 ETH in the past hour.
Resolv Labs has completed a $10 million seed round of financing, with Cyber.Fund and Maven11 co-leading the investment.
Fireverse V-BOX Node Pre-Sale Officially Launched, with an Incentive Pool of up to 300 Million $FIR Tokens
Circle has minted an additional 2.5 billion USDC on the Solana blockchain. As of 2025, a total of 12.5 billion USDC has been minted on the Solana blockchain.
Bitget has launched U-based PAWS and AERGO perpetual contracts

According to the official announcement, Bitget announced that it has launched U-based PAWS and AERGO perpetual contracts, with a leverage range of 1-20 times. Contract trading BOT will be opened simultaneously.
Futureverse acquires digital collectibles platform Candy Digital

Metaverse and AI technology company Futureverse announced that it has acquired digital collectibles platform Candy Digital. The specific acquisition amount has not been disclosed. This transaction enables Futureverse to gain access to the latter's huge blue-chip brand portfolio, including Major League Baseball, Netflix and DC Comics. (Decrypt)
Is Huma, the “hottest new kid on the block”, a P2P platform?

The transaction volume is nearly 4 billion US dollars, and the financing amount exceeds 46 million US dollars...but is the risk of bankruptcy high?
WTO: Risks to the outlook include the restoration of “reciprocal tariffs” by the United States

The World Trade Organization said that risks to the future outlook include the restoration of "reciprocal tariffs" by the United States. If the United States raises tariffs, the global economy may decline by 1.5% in 2025, accompanied by spillover effects. (Jinshi)
CoinDesk 20 Performance Update: AVAX Falls 2.1% as Nearly All Assets Trade Lower

9am CoinDesk 20 Update for 2025-04-16: leaders
World Trade Organization: If the United States Increases Tariffs, Global Economy Could See a 1.5% Decline by 2025
Analyst: Bitcoin's current pullback is considered a healthy correction, with the current market being more influenced by emotion and narrative.
CryptoQuant: Whales Reduce Their Bitcoin Holdings by 30,000 This Week, Bringing Bitcoin Netflow to a New Low Since February
Futureverse has acquired <strong>Candy Digital</strong> and entered into partnerships with <strong>Netflix</strong> and <strong>DC Comics IP</strong>.
A newly created wallet withdrew 818,474 UNI from Cumberland

According to OnChain Lens monitoring, a newly created wallet withdrew 818,474 UNIs worth $4.21 million from Cumberland. The wallet withdrew 32,708 AAVEs worth $4.51 million 19 hours ago.
Coinbase Singapore Regional Director: Singapore should launch a national digital asset strategy

Hassan Ahmed, head of Coinbase Singapore, wrote that Singapore should launch a national digital asset strategy, set up a digital asset working group, allow sovereign funds to establish strategic Bitcoin positions, relax the threshold for domestic retail investors to participate in the cryptocurrency market, double investment in research and development and skills improvement, establish a tokenized regulatory laboratory, and put native cryptocurrency participants at the forefront.
US Stock Market's Three Major Indexes Experience Significant Opening Decline
Raydium Launches Token Issuance Platform LaunchLab
A certain new wallet withdrew 818,474 UNI from Cumberland, equivalent to approximately $4.21 million.
The three major U.S. stock indexes opened sharply lower, and gold stocks rose across the board

At the opening of the US stock market, the Dow Jones Industrial Average fell 0.47%, the S&P 500 fell 1.17%, and the Nasdaq fell 1.89%. Gold stocks generally rose, with Harmony Gold (HMY.N) rising more than 7%, Gold Fields (GFI.N) rising nearly 7%, Anglogold rising 6%, and Colden Mining (CDE.N) rising more than 3%. AMD (AMD.O) fell more than 7%. (Jinshi)
Raydium launches LaunchLab token issuance platform

Raydium announced the launch of LaunchLab, a token issuance platform built for creators, developers and communities, to issue tokens through the JustSendIt model.
Four.meme Launches PancakeSwap V3 LP Yield Buyback and Burn Plan
Binance will adjust the settlement frequency of the AERGOUSDT inverse perpetual contract funding rate.
CI Galaxy Solana ETF Launched by Galaxy and CI Global Lists on Toronto Stock Exchange

CI Galaxy Solana ETF launched by CI Global Asset Management and Galaxy Asset Management began trading on the Toronto Stock Exchange. The management fee is 0% for the first three months. SOLX directly invests in Solana tokens SOL, managed by CI GAM, and advised by Galaxy Asset Management ("Galaxy"). (Businesswire)
Binance will adjust the settlement frequency of AERGOUSDT U-margin perpetual contract funding rate

According to the official announcement, Binance Futures will adjust the funding rate settlement frequency of AERGOUSDT U-margin perpetual contract at 22:30 (ET on April 16, 2025). The funding rate settlement frequency will be adjusted from once every four hours to once every two hours.
Full Text of U.S. SEC Stablecoin Regulation: What Kind of Stablecoin is Not a Security?
Superform announces the establishment of a foundation and will launch the UP token later this year.
Superform announces the establishment of a foundation and will launch the UP token this year

Superform Labs, a cross-chain yield market, announced the establishment of a foundation and will launch the UP token this year. According to previous news, Superform Labs completed a $3 million strategic round of financing, led by VanEck Ventures, with participation from Polychain Capital, CMT Digital, Amber Group, Node Ventures, BlockTower Capital, Heartcore Capital, Maven11 Capital and UpTop Capital.
Today, the US Bitcoin ETF has a net inflow of 672 BTC, and the Ethereum ETF has a net outflow of 2578 ETH

According to Lookonchain monitoring, today 10 US Bitcoin ETFs had a net inflow of 672 BTC, of which BlackRock had an inflow of 455 BTC. BlackRock currently holds 571,869 BTC, worth US$40.01 billion; 9 Ethereum ETFs had a net outflow of 2,578 ETH, of which Fidelity had an outflow of 2,248 ETH. Fidelity currently holds 363,525 ETH, worth US$573.28 million.
Bitcoin mining machine manufacturer Auratine completes $153 million Series C financing, led by StepStone Group

Bitcoin mining machine manufacturer Auratine has completed a $153 million Series C financing round, led by StepStone Group, with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers and other existing investors. (The Block)
Auradine Completes $153 Million Series C Funding Round, Lead by StepStone Group
The Trump family's WLFI stablecoin USD1 has a market value of $127.8 million, and more than 113 million have been issued on the BNB chain

According to Coinmarketcap and BscScan data, as of now, the US dollar stablecoin USD1 of the Trump family's crypto project WLFI has issued more than 113 million USD1 on the BNB Smart Chain (BSC), accounting for nearly 90% of the circulation. The current total market value of USD1 is close to 127.8 million, the 24-hour trading volume is nearly 100 million US dollars, and the combined TVL of BNB chain and Ethereum exceeds 30 million US dollars. USD1 will be 100% supported by short-term US Treasury bonds, US dollar deposits and other cash equivalents, 1:1 anchored to the US dollar, aiming to provide sovereign investors and institutions with safe and efficient cross-border trading tools. In addition, USD1 recently opened the Pancakeswap trading pool. Currently, Pancake's USD1 liquidity pool exceeds 19 million, and Pancake V3's USD1 TVL is 10.95 million US dollars. The lending product of BNB chain staking protocol ListaDao has also recently launched the USD1 Vault, which provides a USD1 lending limit of 20 million US dollars.
Komainu plans to support custody of Ondo's yield-based treasury tokens OUSG and USDY

Komainu, a digital asset custodian, announced on the X platform that it will support its two core yield-based U.S. Treasury tokens, OUSG and USDY. OUSG is a permissioned U.S. Treasury product for qualified investors, while USDY is a daily interest-bearing "quasi-stablecoin" for non-U.S. institutions. Institutional investors can now deposit such assets into Komainu's compliant custody platform.
MOCA tokens are now available on the Base blockchain

MOCA Coin posted on the X platform that the MOCA token has been launched on the Base blockchain.
Humanity Protocol founder: TGE is coming, token H is coming

Terence Kwok, founder and CEO of Humanity Protocol, said in a post on the X platform, “Over the past few months, we have been focusing on rigorous development work and are now entering the next stage. Token H is the economic engine for verifying the network, aligning the incentives of all parties in the ecosystem to achieve the long-term sustainability of Humanity. H’s mission is to collaboratively promote the operation of open identity infrastructure at scale: verification, authentication, confirmation, and management. TGE is coming, and token H is coming.”
Humanity Protocol Founder: TGE Launch Imminent
The joint motion to extend the deadline for the SEC's response to Ripple's motion to dismiss has been approved.
Bitcoin's True Capitulation Zone is $65K, Says Well-Followed Analyst

Checkmate
Analyst: Bitcoin’s current “surrender zone” is $65,000

Analyst James Check said that $65,000 is the cost basis for ordinary investors and the real capitulation zone for Bitcoin at this stage is $65,000. He pointed out that Bitcoin's market value of $1 trillion (price of about $50,000) should be a strong support area. Although Check expects Bitcoin to fall sharply from the $65,000 area, he expects strong support in the $49,000 to $50,000 range. These prices represent the launch of ETFs in 2024 and Bitcoin's $1 trillion market value. He said that unless there is a global recession, Bitcoin is unlikely to fall to a low of $40,000. (CoinDesk)
The joint motion for a stay of appeal filed by the US SEC and Ripple has been approved

James K. Filan, a former U.S. federal prosecutor, posted on the X platform that the joint motion for a stay of appeal filed by the U.S. Securities and Exchange Commission (SEC) and Ripple has been approved, and the SEC has been instructed to submit a status report within 60 days of the issuance of the motion order.
Coinbase Revenue, Trading Outlook Hit by Tariff Tensions: Oppenheimer

(Photo Illustration by Justin Sullivan/Getty Images)
Oppenheimer: Coinbase revenue and trading outlook affected by tariff tensions

Analysts at investment bank Oppenheimer said in a report that the outlook for cryptocurrency exchange Coinbase has weakened as uncertainty caused by Trump's intermittent tariff threats has cast a shadow on cryptocurrency trading activities. Due to the decline in risk appetite, Oppenheimer lowered its full-year trading volume forecast for Coinbase by 19% to $1.3 trillion, and lowered its first-quarter trading volume forecast to $380 billion, a 13% drop from the previous quarter, and lowered its target share price from $388 to $279. (CoinDesk)
Analyst: Bitcoin's true bottom may come after 'surrender' sell-off, with $65,000 as key moving average support
The Trump Family's WLFI USD1 Stablecoin has reached a market capitalization of $127.8 million, with over 113 million coins issued on the Binance Smart Chain, accounting for almost 90% of the current total circulation.
OKZOO: Pioneering the AIoT Machine Network with In-House Hardware and Explosive Growth

Unique positioning, clear vision, technological innovation, strong market traction and key manufacturing advantages.
Fitch Ratings: Despite the ongoing deterioration in the US economic growth outlook, the Federal Reserve is still expected to wait until Q4 2025 to cut interest rates again
Bitcoin Miners With HPC Exposure Underperformed in First Two Weeks of April: JPMorgan

JPMorgan says the Deleveraging event is over (Shutterstock)
Neutrl Raises $5M to Tokenize a Popular Hedge Fund Altcoin Trade

U.S. dollar (Unsplash, modified by CoinDesk)
DeFi protocol Neutrl completes $5 million seed round of financing, led by STIX and others

DeFi protocol Neutrl announced the completion of a $5 million seed round of financing, led by digital asset private market STIX and venture capital firm Accomplice, with participation from many cryptocurrency angel investors such as Amber Group, SCB Limited, Figment Capital and Nascent, including Ethena founder Guy Young and Joshua Lim, a derivatives trader at Arbelos Markets (recently acquired by FalconX). (CoinDesk)
Neutral has raised a $5 million seed round, with STIX and Accomplice co-leading the investment.
Atlanta Fed's GDPNow Model Predicts US Q1 GDP Growth Rate to Be -2.2%
Neutral has successfully raised a $5 million seed round, with STIX and Accomplice co-leading the investment.
BTC rebounded and broke through 85,000 USDT, with a 24-hour increase of 0.42%

OKX market shows that BTC rebounded and broke through 85,000 USDT, and is now at 85,012 USDT, with the 24-hour increase narrowed to 0.42%. (This newsletter is generated by AI)
In the past hour, the entire network has liquidated 23.5851 million US dollars, mainly short orders

Coinglass data shows that in the past hour, the entire network had a liquidation of US$23.5851 million, of which short positions had a liquidation of US$21.9121 million and long positions had a liquidation of US$1.673 million.
Hyperlane Foundation: HYPER Pre-Registration Ends, Official Registration Opens Next Week
Ethereum Surpasses $1600
Bitcoin Breaks $85,000
Bitcoin's True Capitulation Zone Is $65K, Says Well-Followed Analyst

Checkmate
Hyperlane Foundation: HYPER pre-application has ended, and applications will be open next week

The Hyperlane Foundation said on social media that the HYPER pre-claim has officially ended. Claims will be open next week, and the specific date and time of claim will only be announced through the Hyperlane Foundation account.
Hong Kong Customs estimates that there are about 200 physical virtual asset off-site stores and ATMs in Hong Kong, but none of them have been included in the regulation.

Hong Kong Customs estimates that there are currently about 200 physical virtual asset OTC shops and ATMs in Hong Kong, and there are about 250 digital platforms that provide virtual asset trading services. Hong Kong Legislative Council member Qiu Dagen said that in order to avoid regulatory gaps in the anti-money laundering process, it is urgent to bring virtual asset OTC shops and ATMs under regulation. At the same time, he suggested that the Hong Kong government conduct a second round of public consultation on the licensing system for virtual asset OTC service providers as soon as possible and push forward legislation at full speed. (Hong Kong Economic Times)
JPMorgan Chase: The overall market value of US-listed Bitcoin mining companies fell 2% in the first two weeks of April

JPMorgan Chase released a research report pointing out that in the first two weeks of April, US-listed Bitcoin mining companies experienced mixed performance, but pure Bitcoin cross-operators performed better than those involved in high-performance computing (HPC), and only MARA Holdings and CleanSpark performed better than Bitcoin. In addition, the total market value of 13 US-listed Bitcoin mining companies fell 2% in April to $16.9 billion; in the first two weeks of this month, miners' daily block reward income per EH/s was about $41,500, a 12% decrease from March. (CoinDesk)
Ethereum Is What Bitcoin Was Meant to Be

Pedestrians with umbrellas
Analysis: Bitcoin poised for 2023-like rally

The U.S. dollar index (DXY) is hovering near multi-year lows after falling below the psychological 100 mark. Andre Dragosch, head of European research at asset management firm Bitwise, pointed out that Goldman Sachs' research still indicates that DXY has room to fall in the future. Trader BitBull said that DXY is falling at the fastest rate since 2023. In early 2023, Bitcoin and altcoins were rebounding from the trough of the 2022 bear market. At that time, Bitcoin had bottomed out in the fourth quarter of 2022 and rose by more than 200% in a year. Bitcoin is expected to see a similar rebound in 2023 as Bitcoin optimism will continue to focus on the momentum of a weaker U.S. dollar. (Cointelegraph)
Analysis: Bitcoin Could See a Rebound Similar to 2023
Santiment: Crypto market rebounds modestly, traders optimistic about BTC returning to $90,000

Crypto analysis agency Santiment posted on the X platform that the cryptocurrency market is experiencing a mild rebound, with Bitcoin fluctuating around $85,000 several times. Traders are optimistic about Bitcoin returning to $90,000, but the specific increase is likely to depend on the tariff policy and global economic news later this week.
The U.S. Secret Service Launches "Operation Avalanche" to Combat Ethereum Network Phishing Scams, Seizing $4.3 Million in Stolen Funds
Santiment: Traders Optimistic About Bitcoin Reclaiming $90,000
Fed's Hammack: If growth slows and inflation eases, interest rates may be cut, and they may even be cut quickly

Fed Chairman Hammack said that if growth slows and inflation eases, interest rates may be cut, and they may even be cut quickly. (Jinshi)
CoinDesk Announces Eric Trump as a Headline Speaker at Consensus 2025

(Photo by David Dee Delgado/Getty Images)
Federal Reserve's Harker: Fed Could Cut Rates if Growth Slows and Inflation Eases, Possibly even Cut Quickly
Some liquidity providers profit from token lending, putting crypto startups into a death spiral.
Some market makers profit from token lending, which may &quot;kill&quot; cryptocurrency projects

A market maker model called the "loan option model" allows projects to lend tokens to market makers, who then use these tokens to provide liquidity, stabilize prices, and assist projects in listing on crypto trading platforms, but this model has become the "death sentence" for many new projects. Because behind the scenes, some market makers are using this controversial token loan structure to make profits for themselves. These agreements are often packaged as "low risk, high return", but in fact they will severely hit the price of tokens, causing the fledgling crypto teams to fall into chaos and struggle. Ariel Givner, founder of Givner Law, said, "The way it works is: market makers borrow tokens from projects at a certain agreed price. In exchange, they promise to help these tokens go online on large trading platforms. If they fail to fulfill their promise, they need to repay these tokens at a higher price within one year." But what often happens in reality is that market makers sell off the borrowed tokens, causing an initial price crash. After the token price is smashed, they buy back the tokens at a low price to make a profit. (Cointelegraph)
Santiment: Traders Optimistic About Bitcoin Revisiting $90,000
Spot Gold Breaks $3330/oz Mark, Hits Another All-Time High
Institutions Drive Bitcoin Dominance: Q1 2025 Crypto Market Analysis

Man in New York City
Federal Reserve's Harker: Maintaining Well-Anchored Inflation Expectations Is Key for the Fed
CNBC: U.S. Customs and Border Protection Says New Tariff Policy Has Generated $500 Million in Revenue, Far Below Trump's Estimate
AERGO is down over 52% in the last 24 hours, currently trading at $0.2027
A certain newly created wallet spent 1,000,000 USDC to purchase 1,060,000 Fartcoin 1 hour ago.
SOL breaks through 130 USDT, 24H increase of 0.49%

OKX market shows that SOL has broken through 130 USDT and is now at 130.02 USDT, with a 24-hour increase of 0.49%. (This newsletter is generated by AI)
SOL Surpasses $130
OpenAI has released o3 and o4-Mini, reportedly capable of understanding images.
A newly created wallet spent 1 million USDC to buy 1.06 million Fartcoins 1 hour ago

According to Lookonchain monitoring, a newly created wallet spent 1 million USDC to buy 1.06 million Fartcoin an hour ago, with an average price of $0.944.
Fed's Powell: U.S. economy remains 'robust' despite heightened uncertainty

Fed Chairman Powell said in a speech that the current policy is in a good position and that he will wait for clearer economic data before considering adjusting the policy stance. Despite the increased uncertainty and the existence of downside risks, the US economy remains "robust".
Powell: Elevated Tariffs Could Lead to Higher Inflation and Slower Economic Growth Than Expected
U.S. stocks fall again after Fed's Powell speech

After the speech by Federal Reserve Chairman Powell, the US stock market fell again, with the S&P 500 index falling 1.6%, the Nasdaq falling 2.5%, and the Dow Jones Industrial Average falling more than 1%. (Jinshi)
The Fed's overnight reverse repo usage hit a new low since 2021

The Federal Reserve accepted a total of $54.772 billion from 30 counterparties in fixed-rate reverse repurchase operations on Wednesday (April 16), at least the lowest since April 2021, and the previous trading day was $88.879 billion. (Jinshi)
Fed's Powell: The labor market is solid and overall balanced, and there is no pressure on inflation at present

Fed Chairman Powell said in a speech that the labor market is solid and overall balanced, and there is no pressure on inflation at present. PCE is expected to grow by 2.3% in the 12 months ending in March, and core PCE is expected to grow by 2.6%. (Jinshi)
After Powell's Speech, the US Stock Market Declines Again
The Dollar Index (DXY) is experiencing a short-term decline of 20 points, currently trading at 99.44.
Powell: For the 12-month period ending in March, PCE is expected to increase by 2.3%, with core PCE expected to rise by 2.6%.
Powell: Despite Increased Uncertainty, Downside Risks Persist, U.S. Economy Still "Resilient"
Powell: It is expected that we will deviate from our stated goal for the remainder of this year, but perhaps we can achieve the goal again next year.
Bitcoin Drops Below $84,000
Powell: Tariffs' Economic Impact May Be Greater Than Expected
Fed's Powell: Expected to deviate from the established target for the rest of this year, but may be able to return to the target next year

Federal Reserve Chairman Powell said that he expects the Fed to deviate from its target for the rest of this year, but may be able to achieve it again next year.
The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners

Supercomputer AI
Powell: Supply Disruption May Take Time to Resolve, Could Prolong Tariff-Induced Inflationary Pressure
Powell: Tariff Level Exceeds Fed's Optimistic Expectations
Fed's Powell: The Fed's two goals have not yet conflicted, but the current trend is that unemployment and inflation levels will rise

Federal Reserve Chairman Powell said that the two goals of the Federal Reserve have not yet conflicted, but the current trend is that unemployment and inflation levels will rise. (Jinshi)
Powell: Fed's dual goals not in conflict yet, but current trend is for unemployment and inflation to rise
Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

Federal Reserve Chair Jerome Powell
Fed's Powell: Fed ready to provide dollars to global central banks if dollar shortage occurs

Federal Reserve Chairman Powell: If there is a shortage of US dollars, the Federal Reserve is ready to provide US dollars to central banks around the world. (Jinshi)
Fed's Powell: The market is digesting the current decline in stocks and U.S. Treasury yields

Federal Reserve Chairman Powell said that there is no modern experience to deal with such high tariffs. The market is digesting the current situation as the stock market and U.S. bond yields fall. (Jinshi)
Powell: If there is a US dollar shortage, the Federal Reserve is prepared to provide dollars to central banks around the world
Powell: We Are Not Yet at the Level of Substantial Further Asset Purchase Reduction
Fed's Powell: Expect &quot;Partial Relaxation&quot; of Cryptocurrency-Related Banking Regulations

Federal Reserve Chairman Powell: It is expected that there will be "partial relaxation" of cryptocurrency-related bank supervision. (Jinshi)
Fed's Powell: Working with Congress to develop a legal framework for stablecoins

Federal Reserve Chairman Powell: Cryptocurrency is gradually becoming mainstream. We are working with Congress to try to develop a legal framework for stablecoins. Stablecoins may have broad appeal, and consumer protection measures should be established. (Jinshi)
Powell: Expects "Partial Relaxation" of Cryptocurrency-Related Bank Regulation
Powell: Cryptocurrency is gradually going mainstream, establishing a legal framework for stablecoins is a good idea
Market News: OpenAI is in talks to acquire Windsurf for approximately $3 billion

OpenAI is in talks to acquire Windsurf for approximately $3 billion.
Powell: The Fed Will Not Be Influenced by Political Pressure
In the past 1 hour, there have been liquidations totaling $63.27 million across the entire network, with the majority coming from long positions.
Market News: OpenAI is in talks to acquire Windsurf for around $3 billion
Powell: Fed will not be influenced by political pressure

Fed Chairman Powell said the Fed will not be influenced by political pressure. The independence of the Fed is granted by law. The independence of the Fed has gained broad support among all parties. (Jinshi)
Hana Network has completed a total of US$6 million in financing, and the first phase of the main network, Hanafuda, has been officially launched

According to official news, Hana Network, the company behind Hypercasual Finance, announced that it has completed a total of $6 million in financing. In the recent No More CEX round of financing, core members of the L1/L2 project and some KOLs participated. In addition, Hana Network's mainnet phase 1, Hanafuda, has been officially launched. Hanafuda already has 500,000 users and $40 million in TVL, and its mainnet phases 2 and 3 are expected to be launched in the next few months. Earlier news, Hana Network, the company behind Hypercasual Finance, announced the completion of a new round of financing of $4 million, with participation from Sushiswap, Alliance and Orange DAO.
In the past hour, the entire network has exploded more than 60 million US dollars, mainly in long orders

Coinglass data shows that in the past hour, the entire network had a liquidation of US$60.2055 million, of which long positions had a liquidation of US$51.2339 million and short positions had a liquidation of US$8.9715 million.
Spot gold rose above $3,340/ounce, setting a new record high

Spot gold rose above $3,340/ounce, setting a new record high, up 3.43% on the day. (Jinshi)
The three major U.S. stock indexes closed sharply lower

The three major U.S. stock indexes closed sharply lower, with the Nasdaq down 3.07%, the Dow down 1.73%, and the S&P 500 down 2.24%. Large technology stocks fell collectively, with Nvidia down more than 6%, Tesla down more than 4%, Apple, Meta, and Microsoft down more than 3%, and Amazon and Google down more than 2%.
Powell: Don't expect the Fed to rescue the market, Trump is changing every day

Federal Reserve Chairman Jerome Powell said on Wednesday that market expectations that the Fed would intervene to calm volatility may be misplaced. "My answer is no, but I'll explain," Fed Chairman Jerome Powell said when asked if the Fed would intervene in response to the sharp drop in the stock market. "I think the market is digesting what's going on, the market is dealing with a lot of uncertainty, and that means volatility," Powell said while attending a conference in Chicago. Powell said it was understandable that the market would have difficulty given that U.S. President Trump's tariff regime is undergoing a big change. He also explained that it is difficult to know in real time what is causing trouble. "I've had a lot of experience with major market fluctuations, such as the bond market, and often people will form an idea and look back two months later and find that the original view was completely wrong. So it's premature to tell what's happening in the market now," Powell said. For now, he noted that the market's turmoil is partly due to hedge funds reducing leverage or debt, adding: "In the short term, you may continue to see volatility in the market."

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