Today's Crypto and Bitcoin News

The global crypto market cap surged 5.68% to $2.77 trillion as 24 - hour volume spiked 89.32% to $196.43 billion, with stablecoins accounting for 94.12% of trading. Amid a confluence of positive factors like the US - UK trade deal, US states' embrace of Bitcoin (New Hampshire's reserve authorization and Arizona's investment allowance), and institutional buying spree (MicroStrategy's continued purchases and Metaplanet's additional acquisitions),This, along with a dovish stance from central banks hinting at potential rate cuts, is setting the stage for further significant price rallies. Quick Take 1. Trade Tensions Easing Powers Bitcoin's Return Above $100,000, Bullish Outlook Intensifies 2. Three Forces Propelling Bitcoin's Next $20,000 Price Surge 3. Bitcoin Hits Three-Month High Amid Optimism Fueled by U.K.-U.S. Trade Deal 4. Investor Sentiment and Market Risks   Trade Tensions Easing Powers Bitcoin's Return Above $100,000, Bullish Outlook Intensifies   After a substantial decline, Bitcoin has reclaimed the $100,000 mark. Fueled by news of eased US trade tensions, it rose for two consecutive days, rebounding above this key level, with Ethereum also seeing a significant upward movement.   Market analysts attribute this rally to the shift in market sentiment towards risk - friendly assets. The easing of trade tensions and Trump's negotiation signals have boosted the appeal of risky assets like Bitcoin. Analysts also note that psychologically important price levels like $100,000 may prompt short - term profit - taking and potential consolidation. A Standard Chartered analyst, who earlier predicted Bitcoin would reach $120,000 in the second quarter, now deems this forecast too conservative. Inflows into Bitcoin ETFs and moves by large investors, such as MicroStrategy's increased purchases, suggest more institutional capital is flowing in, indicating a change in Bitcoin's market narrative.   Three Forces Propelling Bitcoin's Next $20,000 Price Surge   Bitcoin's price surge potential is driven by three major factors. Firstly, the expanding global liquidity, with central banks like the ECB, Bank of England loosening credit and the Fed likely continuing rate cuts, makes it easier for investors to access credit. This influx of funds historically fuels Bitcoin price hikes and is expected to do so again.   Secondly, growing sovereign and institutional adoption is a significant catalyst. The U.S. plan for a Strategic Bitcoin Reserve, along with other countries considering similar policies, strains the supply. Corporations such as Tesla holding Bitcoin and U.S. banks now being allowed to include it on their balance sheets further reduce the available supply, driving up prices.   Finally, retail investors remain actively buying Bitcoin despite its high price. With most of the supply held at a profit, they have little incentive to sell, acting as net buyers. Combined, these factors create a robust bullish scenario, making a $20,000 price increase in Bitcoin likely within the next few quarters. Bitcoin Hits Three-Month High Amid Optimism Fueled by U.K.-U.S. Trade Deal   At 0817 GMT, Bitcoin soared to its loftiest point since late January. The catalyst behind this surge was the trade deal announced on Thursday between the United Kingdom and the United States. This development has ignited a wave of optimism, with market participants believing that trade tensions are set to gradually abate.   Patrick Munnelly, an analyst at Tickmill Group, pointed out that the trade deal holds significant importance. It comes on the heels of President Trump's earlier announcement of a 90 - day halt on trade tariffs aimed at promoting negotiations. This new agreement has not only given Bitcoin a boost but also contributed to an increase in oil prices. Munnelly explained, "The trade accord between the U.S. and Britain has instilled hope that similar progress can be achieved in tariff negotiations with other countries."   According to data from LSEG, Bitcoin witnessed a notable rally. It climbed 0.9% to reach $103,599, having previously touched a peak of $104,324.39, marking a significant milestone in its recent price trajectory. (jessica.fleetham@wsj.com)   Investor Sentiment and Market Risks Despite the optimism surrounding Bitcoin's price surge, the cryptocurrency market is not without its risks. In the past 24 hours, the total amount of funds lost due to forced liquidations in the cryptocurrency market reached $355 million, with a large number of short - term traders being caught off - guard by the sudden price increase. This serves as a reminder of the high - risk nature of cryptocurrency trading, where rapid price fluctuations can lead to significant losses for unprepared investors.   On the other hand, long - term investors seem undeterred. Many view Bitcoin's recent price movement as a sign of its growing maturity and acceptance as a legitimate asset class. The increasing number of companies and institutions integrating Bitcoin into their financial strategies, such as Japanese firm Metaplanet's continued Bitcoin acquisitions, further validates this perspective.   As the cryptocurrency market continues to evolve, Bitcoin's performance will undoubtedly remain a key barometer of market sentiment. Whether it can sustain its upward momentum or will experience a correction remains to be seen. However, one thing is certain: the cryptocurrency space will continue to be a hotbed of innovation, investment, and risk in the global financial landscape.

BTC$103,364.40+0.47%

Key Takeaways Macro Environment: In early U.S. trading, Trump once again urged investors to "buy stocks," followed by the revelation of his pre-announced major news—the U.S. and U.K. reached a tariff agreement. Market risk appetite surged, leading to two consecutive days of gains in U.S. stocks, a plunge in U.S. Treasuries, and two straight days of declines for gold. In late trading, reports emerged that Trump plans to raise taxes on ultra-high-income earners, narrowing the gains of the three major indices. Crypto Market: Sentiment in the crypto market has picked up significantly, buoyed by macro news, with bitcoin hitting the $100,000 mark again after three months. Bitcoin's correlation with U.S. stocks has weakened significantly of late, suggesting that crypto market sentiment is starting to move away from traditional financial market influences after breaking through the psychological $100,000 mark. Meanwhile, the ETH/BTC exchange rate rallied back to 0.021, with Bitcoin's market dominance dropping by 1.38% YoY from yesterday, reflecting the start of capital rotation towards the torrents sector. The market showed a generalized upward pattern, with the AI Agent and meme sectors leading the way for the cottage coin market. However, the share of trading volume in the cottage coin sector remained at a nearly one-year low of 54.7%, indicating that market funds are still relatively cautious and the overall sentiment of the cottage coin sector is still to be further repaired. Main Asset Changes Index Value % Change S&P 500 5,663.95 +0.58% NASDAQ 17,928.14 +1.07% BTC 103,259.20 +6.43% ETH 2,207.46 +21.88%   Crypto Fear & Greed Index: 73 (65, 24 hours ago), level: Greed Macro Economy The U.S.-U.K. trade agreement will retain 10% U.S. tariffs. Trump: Plans to hold trade talks with multiple countries, with final details to be finalized in the coming weeks. The Bank of England cut rates by 25 bps, in line with market expectations. Trump again criticized Powell as "Mr. Too Late" and "a fool." Industry Highlights Texas Bitcoin Reserve Bill SB 21 passed the DOGE committee review, with final results to be announced within three weeks. Missouri may exempt capital gains taxes on cryptocurrencies and stocks. The U.S. SEC is considering allowing companies to issue, trade, and settle securities using distributed ledger technology (DLT). USD1 rose to become the 7th largest stablecoin globally, with a market cap of $2.2 billion. Meta is once again "exploring stablecoin integration" to reduce payment costs, having previously sold its Diem project. Coinbase Reports Q1 2025 Earnings, Revenue of $2.03 Billion, Misses Market Estimate of $2.2 Billion。 Coinbase plans to acquire derivatives market Deribit for $2.9 billion. Project Highlights Hot Tokens: SUI, DOGE, ADA The AI Agent and meme sectors led the altcoin rally, gaining 27% and 20%, respectively. Top gainers: Meme: MOODENG, NEIRO, PNUT AI Agent: VIRTUAL, GRIFFAIN, GOAT The ETH/BTC ratio rose 14.4% in a single day, driving gains across the Ethereum ecosystem: ENA (+26%), UNI (+25%), LDO (+21%), ENS (+21%). ARB: Arbitrum DAO approved investing 35 million ARB in tokenized U.S. Treasuries. IO/TIA: Upbit listed IO and TIA on BTC and USDT markets. XRP: Ripple reached a $50 million settlement with the SEC. Weekly Outlook May 9: Speeches from multiple Federal Reserve officials.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

🚀 Market Highlights   The global crypto market cap is $3.01T, a 1.88% increase over the last day. The total crypto market volume over the last 24 hours is $123.15B, which makes a 62.31% increase. The total volume in DeFi is currently $16.8B, 13.64% of the total crypto market 24-hour volume. The volume of all stable coins is now $79.82B, which is 64.82% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 64.42%, a decrease of 0.87% over the day. Bitcoin (BTC) surged past $97,000, reaching approximately $98,012 by 9:12 PM ET, fueled by institutional investments and macroeconomic optimism. Ethereum (ETH) held steady around $1,824 following the successful activation of its 'Pectra' upgrade, which enhances staking and wallet functionalities. Altcoins like Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) experienced gains of approximately 4%, contributing to a positive day for the broader crypto market. Crypto Fear & Greed Index | Source: Alternative.me       📰 Top Stories 🏦 Metaplanet's $53.5M Bitcoin Acquisition Japanese firm Metaplanet purchased 555 BTC worth approximately $53.5 million, signaling continued institutional interest in Bitcoin.   read more: Metaplanet Buys Additional Bitcoin Worth ¥7.6 Billion, Bitcoin Price Surges Above $97,000 🔧 Ethereum's 'Pectra' Upgrade Enhances Network Ethereum developers activated the 'Pectra' upgrade, increasing the maximum staking limit to 2,048 ETH and introducing 'smart account' functionalities to improve user experience.     EIP-7702 enables externally owned accounts to function like smart contracts, allowing them to pay gas fees using tokens other than Ether (ETH).  EIP-7251 raises the validator staking limit from 32 ETH to 2,048 ETH, streamlining operations for large-scale stakers. Meanwhile,  EIP-7691 expands the number of data blobs per block, enhancing layer-2 scalability and potentially lowering transaction fees.  Sergej Kunz, co-founder of 1inch, noted that the Pectra upgrade brings "smart account" functionality and boosts Ethereum’s scalability via layer-2 solutions.   📈 Arthur Hayes Predicts Bitcoin Rally Arthur Hayes, former BitMEX CEO, believes now is a good time to go long on crypto assets, citing a likely shift in U.S. Federal Reserve policy toward quantitative easing. He argues that economic stress and tightening liquidity will force central banks to print more money, benefiting risk assets like Bitcoin. Hayes also warns that upcoming volatility may offer prime buying opportunities before the market fully rebounds. read more:  Arthur Hayes Says, 'It's Time To Go Long Everything,' Predicts $1M Bitcoin By 2028 The crypto market showed strong performance on May 7, with Bitcoin nearing the $100,000 mark and Ethereum's network upgrade bolstering its position. Institutional investments and positive economic indicators contributed to the bullish sentiment across the market.      

Key Takeaways Macro Environment: The Federal Reserve once again kept interest rates unchanged, in line with market expectations. The FOMC statement warned of stagflation risks and reiterated increased "uncertainty," sending the three major U.S. stock indices to daily lows. Powell reassured markets, stating that the economy remains robust, and the Fed would not preemptively act due to tariffs, repeatedly emphasizing patience. Near the close of U.S. trading, Trump responded to the Fed's decision not to cut rates by proposing to revoke the AI chip restrictions implemented during Biden's administration, boosting U.S. stocks. All three major U.S. stock indices closed higher. Crypto Market: Fed and Trump-related news dominated market sentiment. Bitcoin continued to show strong correlation with U.S. stocks, briefly surpassing $98,000 in after-hours trading as U.S. stock futures rebounded. Ethereum activated the Pectra upgrade, but the market reaction was muted, failing to provide effective price support. The ETH/BTC ratio fell again to near five-year lows. Market divergence intensified, with Bitcoin's dominance continuing to consolidate and extend its upward trend, while the altcoin sector remained weak, with overall performance still sluggish. Main Asset Changes Index Value % Change S&P 500 5,631.27 +0.43% NASDAQ 17,738.16 +0.27% BTC 97,022.20 +0.20% ETH 1,811.19 -0.30%   Crypto Fear & Greed Index: 65 (67, 24 hours ago), level: Greed Macro Economy The Federal Reserve kept benchmark interest rates unchanged, meeting market expectations. FOMC Statement: The Committee judges that risks to unemployment and inflation have increased. Inflation remains slightly elevated. Uncertainty about the U.S. economic outlook has further increased. Economic activity continues to expand at a solid pace. Powell: The Fed does not need to rush to adjust rates. Fed policy is moderately restrictive. Trump's calls for rate cuts have no impact on the Fed's work. Inflation has declined significantly. Short-term inflation expectations have risen slightly, while long-term expectations remain aligned with targets. Survey respondents cited tariffs as a major driver of inflation expectations. The impact of tariffs has been much larger than anticipated so far. The Trump administration plans to revoke the "AI Export Rules" enacted under Biden. Industry Highlights South Korea's presidential frontrunner pledged to approve Bitcoin ETFs. U.S. OCC: Banks can buy/sell client-held crypto assets and outsource related services. The U.S. Treasury will host multiple crypto industry roundtables next week, covering ecosystem issues such as DeFi, banking, and cybersecurity. Futu Securities officially launched Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) deposit services. Robinhood plans to launch a blockchain-based platform supporting European users in trading U.S. stocks. U.S. Treasury Secretary: Digital asset demand for U.S. Treasuries could reach $2 trillion. U.S. Senate launched an investigation into Trump's crypto activities, focusing on potential conflicts of interest involving the TRUMP token and WLFI (World Liberty Financial) project. Japanese listed company Metaplanet acquired an additional 555 BTC. Bhutan partnered with Binance Pay to launch the world's first national-level tourism payment system. USDT will be integrated into Line's Mini Dapp platform and self-custody wallet. Project Highlights Hot Tokens: KAITO, ALPAKA, EOS EOS: EOS tokens will be swapped to $A on May 14 at a 1:1 ratio. LISTA: WLFI formed a strategic partnership with Lista DAO. METIS: Metis' high-performance chain Hyperion testnet officially launched. Weekly Outlook May 9: Speeches from multiple Fed officials.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: Markets await the Fed's rate decision, with trading sentiment cooling as U.S. stocks decline for two consecutive sessions. After hours, China’s Ministry of Commerce announced plans to engage in trade talks with the U.S., triggering a rise in U.S. stock futures. Crypto Market: Bitcoin continues to show strong correlation with U.S. stock futures. Following news of U.S.-China trade talks, Bitcoin briefly surged 2%, breaking above $97,000. Additionally, New Hampshire became the first U.S. state to establish a Bitcoin strategic reserve, allowing up to 5% of state funds to be allocated to Bitcoin, injecting new official buying power. Bitcoin dominance surpasses 65%. Main Asset Changes Index Value % Change S&P 500 5,606.90 -0.77% NASDAQ 17,689.66 -0.87% BTC 96,830.30 +2.21% ETH 1,816.69 -0.18%   Crypto Fear & Greed Index: 67 (59, 24 hours ago), level: Greed Macro Economy U.S. Treasury Secretary: "The 145% tariffs imposed on China cannot be sustained long-term." U.S. Treasury Secretary Besant: "Expects Q1 GDP data to be revised upward." Trump: "A very positive announcement expected this Thursday, Friday, or next Monday." Atlanta Fed GDPNow model projects U.S. Q2 GDP growth at 2.2%. Industry Highlights New Hampshire governor signs law allowing the state to invest in Bitcoin and crypto, with holdings capped at 5% of total state funds. U.S. CFTC withdraws appeal against crypto prediction platform Kalshi, which states: "Election contracts will continue." U.S. Treasury Secretary: "Does not support the Fed issuing a CBDC." SOL Strategies buys 122,500 SOL ($18.25M); DeFi Development increases holdings by 82,404 SOL, surpassing 400,000 SOL total. Public company Thumzup files amendment to raise maximum issuance to $500M for Bitcoin acquisitions. Adidas launches NFT blind boxes for Xociety game on Sui blockchain. BVNK secures investment from Visa Ventures. Treasure Chain to shut down on May 30. BNB Chain launches official MCP protocol to accelerate AI Agent on-chain integration. eToro Targets $4 Billion Valuation and Raises $500 Million Through IPO. Project Highlights Hot Tokens: XRP, KMNO, LTC NEAR: Bitwise files application with U.S. SEC for spot NEAR ETF. KMNO/SYRUP: Binance lists SYRUP & KMNO with Seed Tags; SYRUP is the new version post-MPL migration. HAEDAL: Launches HAEDAL buyback program. Weekly Outlook May 7: Ethereum Pectra upgrade goes live, optimizing staking & wallet features; NEON unlocks 22.51% of circulating supply ($6.2M). May 8: Fed FOMC rate decision; Fed Chair Powell’s press conference; Coinbase earnings report.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: The three major U.S. stock indices closed lower, with the S&P 500 ending its nine-day winning streak. The U.S. ISM Services Index exceeded market expectations, curbing the decline in U.S. stocks. OPEC+ increased production again, pushing crude oil to a three-year low; gold hit a one-week high; the New Taiwan Dollar surged 5% at one point, marking its largest gain since 1988. Crypto Market: Bitcoin bounces back after hitting $93,000 support, breaks above $97,000 mark. Bitcoin dominance touched recent highs, rising for the fourth consecutive day, as torrents narrowed their gains. Main Asset Changes Index Value % Change S&P 500 5,650.37 -0.64% NASDAQ 17,844.24 -0.74% BTC 94,733.80 +0.48% ETH 1,820.02 +0.62%   Crypto Fear & Greed Index: 59 (52, 24 hours ago), level: Greed Macro Economy U.S. April S&P Global Services PMI Final: 50.8, below previous and expected values. U.S. April ISM Non-Manufacturing PMI: 51.6, above previous and expected values. U.S. denies Japan reciprocal tariff exemptions. U.S. Treasury Secretary Besant: A trade deal could be reached as early as this week. U.S. April seasonally adjusted non-farm payrolls: 177K, vs. 130K expected. U.S. April unemployment rate: 4.2%, meeting expectations. Trump: "I can accept a temporary U.S. economic recession." Trump states he is not concerned about an economic downturn during his term and will take full responsibility if tariffs impact the economy. Trump: Will not consider removing Powell before his term ends in 2026. Industry Highlights U.S. SEC announces agenda and panelists for its May 12 tokenization roundtable, featuring executives from BlackRock, Fidelity, Nasdaq, and others. Theme: "Tokenization—On-Chain Assets: The Intersection of TradFi and DeFi." Draft discussion of the U.S. Digital Asset Regulatory Framework Act released, emphasizing disclosure and regulatory division of labor. South Korea’s Financial Services Commission: Starting June, non-profit organizations and exchanges can sell virtual assets under specific rules. Maldives plans to invest $9 billion to build a cryptocurrency hub to attract investment. EU plans to fully ban privacy coins and anonymous crypto transactions by 2027. Apple relaxes U.S. App Store rules related to cryptocurrencies. Arizona governor vetoes digital asset strategic reserve bill. Strategy purchased an additional 1,895 BTC last week at an average price of $95,167 per coin. Tether CEO: Tether.ai is launching soon, supporting USDT and Bitcoin payments. Nvidia is exploring the possibility of adding Bitcoin to its balance sheet. PayPal to launch its first in-store payment feature in Germany. VanEck files S-1 for BNB ETF. U.S. SEC delays decision on Canary’s spot Litecoin ETF. Trump: "I want cryptocurrency because if we don’t, China will." Metaplanet to issue ¥3B zero-coupon bonds to buy more Bitcoin. BlackRock applies to U.S. SEC to use blockchain tech for its Treasury trust fund. Ondo expands its U.S. Treasury token USDY to Solana. CME Group’s April crypto derivatives volume up 129% YoY. Buffett to step down as Berkshire Hathaway CEO by year-end. Washington Post: 40% of young Americans invest in memecoins, hoping for financial freedom. Project Highlights Hot Tokens: SUI, PENGU, VRA. DOGE: Dogecoin official responds to regulators no longer classifying Dogecoin as a memecoin. MAGIC: Treasure DAO extends funding runway to Fall 2026. Weekly Outlook May 7: Ethereum Pectra upgrade goes live, optimizing staking and wallet features; NEON unlocks 22.51% of circulating supply, worth $6.2M. May 8: Fed FOMC rate decision; Fed Chair Powell’s monetary policy press conference; Coinbase earnings report.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: The U.S. Treasury Secretary stated that Q1 GDP data will be revised, easing fears of an economic downturn. Strong earnings from tech giants supported gains in U.S. stocks. The U.S. April ISM Manufacturing PMI recorded its largest contraction in five months, narrowing stock gains. Crypto Market: Bitcoin bounces back after hitting $93,000 support, breaks above $97,000 mark. Bitcoin dominance touched recent highs, rising for the fourth consecutive day, as torrents narrowed their gains. Main Asset Changes Index Value % Change S&P 500 5,604.13 +0.63% NASDAQ 17,710.74 +1.52% BTC 96,485.40 +2.45% ETH 1,838.22 +2.48%   Crypto Fear & Greed Index: 67 (53 a day ago), level: Greed Macro Economy U.S. April ISM Manufacturing PMI: 48.7, above expectations; U.S. April S&P Global Manufacturing PMI final value: 50.2, below previous and expected values. Trump: If the major bill fails, taxes will increase by 68%. Bank of Japan continues to keep interest rates unchanged. U.S. Treasury Secretary Besant: We expect GDP data to be revised. U.S. Q1 annualized GDP growth rate (preliminary): -0.3%, expected 0.3%, previous 2.40%. Traders fully price in four 25-basis-point Fed rate cuts by the end of 2025. U.S. March core PCE price index year-over-year: 2.6%, the lowest since June 2024, meeting expectations. Industry Highlights U.S. SEC terminates investigation into PayPal’s stablecoin PYUSD, no enforcement action taken. Morgan Stanley plans to offer crypto trading to E*TRADE clients. Strategy plans to raise $21 billion to purchase BTC. Tether’s latest proof shows the company holds over $7.6 billion in Bitcoin. Solana and other institutions propose to the SEC to on-chain U.S. equities to advance financial innovation. Canary Capital files S-1 registration with the SEC for SEI spot ETF. 21Shares submits S-1 registration form to the SEC for SUI ETF. Tether plans to launch new stablecoin products in the U.S. as early as this year. Bloomberg ETF analyst: SEC expected to announce final approvals for five crypto ETFs in October or later. Baanx partners with Visa to launch USDC stablecoin payment card. Project Highlights Hot Tokens: HAEDAL, AIXBT, S WLD: Worldcoin announces WLD token access and all related services will launch in the U.S. starting May 1. SUI: 21Shares submits S-1 registration form to the SEC for SUI ETF. ENA: Ethena partners with TON Foundation to bring USDe and sUSDe to the Telegram ecosystem. ACH: Alchemy Pay releases Alchemy Chain roadmap, focusing on stablecoin payment infrastructure. Weekly Outlook May 2: U.S. April seasonally adjusted non-farm payrolls, April unemployment rate; Berkshire Hathaway Annual Shareholders Meeting.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: U.S. Treasury Secretary's update on tariff negotiations boosted U.S. stocks, with all three major indices closing higher—the S&P 500 marked its sixth consecutive gain. After hours, Trump again criticized the Fed, pressuring for rate cuts. Key data this week include Q1 GDP and March PCE inflation (Wednesday) and April non-farm payrolls (Friday), which will inform the Fed's May 7 policy decision. Crypto Market: Bitcoin rose in sync with U.S. equities during trading hours but dipped 0.8% post-market amid Trump’s 100-day speech, mirroring Nasdaq futures. Bitcoin dominance neared recent highs, while altcoins broadly declined. Main Asset Changes Index Value % Change S&P 500 5,560.82 +0.58% NASDAQ 17,461.32 +0.55% BTC 94,256.30 -0.80% ETH 1,798.09 -0.09%   Crypto Fear & Greed Index: 56 (60 a day ago), level: Greed Macro Economy U.S. Treasury Sec. Besant: Upcoming trade deal announcement will bring "more certainty"; one agreement reached with an unnamed country. Besant: Deregulation to begin in Q3/Q4. Trump: "Fed officials underperforming; I’m more knowledgeable than the Chair." Trump: "Focusing on the economy; tariffs haven’t truly started." White House: Trump to sign order mitigating auto tariff impacts. Industry Highlights South Korea: Proposed 7 crypto policies, including spot ETF trading this year. UK: Released crypto regulatory draft, bringing exchanges under oversight. SEC Delays: Bitwise spot DOGE ETF decision. Franklin XRP ETF approval to June 17. Grayscale HBAR ETF. Fidelity Ethereum ETF staking feature. Trump Media Group plans Truth Social utility token. Trump Org to invest $1B in Dubai Trump Tower, accepting crypto payments. Brazil’s Itaú Bank launches Bitcoin reserve firm Oranje ($210M investment). Circle receives preliminary Abu Dhabi approval as money service provider. 1inch expands to Solana. Project Highlights Hot Tokens: SIGN, AI16Z SIGN: Listed on Upbit, price doubled briefly. AI16Z: Bithumb added KRW trading pair. DOGE: Nasdaq filed for 21Shares DOGE ETF, but SEC delayed Bitwise’s application. TRUMP: Top 4 holders to receive limited-edition Trump tourbillon watches. Price fell 9.7% amid suspected team sell-off. Weekly Outlook Apr 30: U.S. April ADP employment data. U.S. Q1 annualized GDP growth rate (preliminary). U.S. March core PCE data. Frax Finance North Star upgrade (Frax Share renamed to Frax as gas token). KMNO unlock (16.98% of circulating supply, ~$14.5M). REZ unlock (19.57% of circulating supply, ~$7.4M). TOKEN 2049 Dubai (Apr 30–May 1). Microsoft, Meta earnings. May 1: U.S. April S&P Global Manufacturing PMI (final). U.S. April ISM Manufacturing PMI. SUI unlock (2.28% of circulating supply, ~$267M). Bank of Japan target rate decision. Apple, Amazon earnings. May 2: U.S. April non-farm payrolls & unemployment rate. Berkshire Hathaway Annual Shareholders Meeting.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: The three major U.S. stock indices showed mixed performance, with the S&P 500 narrowly closing higher and the Nasdaq down 0.1%, as the market awaits this week's earnings season and employment data. The Russell 2000 small-cap index outperformed large caps, indicating optimistic market risk appetite. Crypto Markets:Strategy added 15,355 bitcoins to its holdings last week at a cost of $92,737 per bitcoin.Bitcoin rallied past $95,500 after falling to $93,000 support in pre-market U.S. equities, and ended up 1.35% in sync with U.S. equities during U.S. trading hours. Bitcoin dominance rings up 0.19% from yesterday as AI Agent heat picks up. Main Asset Changes  Index Value % Change S&P 500 5,528.74 +0.06% NASDAQ 17,366.13 -0.10% BTC 95,013.20 +1.35% ETH 1,799.77 +0.47%   Crypto Fear & Greed Index: 60 (54 a day ago), level: Greed Macro Economy Trump: "No red lines will change tariff policies." U.S. Treasury Secretary: The first trade agreement could be reached as early as this or next week. Chinese Foreign Ministry: "China and the U.S. are not engaged in consultations or negotiations on tariffs." Industry Highlights Arizona House passes Bitcoin Reserve Bill, advancing the establishment of a cryptocurrency reserve. Strategy added 15,355 bitcoins to its holdings last week for about $1.42 billion, at a price of about $92,737 per bitcoin ProShares XRP ETF listing date still pending. Swiss supermarket chain Spar plans to accept Bitcoin payments nationwide. Trump’s crypto project WLFI officially signs MoU with Pakistan. Abu Dhabi sovereign wealth fund plans to collaborate with multiple entities to launch a dirham-backed stablecoin. Mastercard pushes for stablecoin integration into global payment networks. Project Highlights Hot Tokens: XRP, VIRTAL, AIXBT AI Agent Sector: Average gain of 29.38%, led by VIRTAL, GOAT, AIXBT, AI16Z, ARC. XMR: Suspected theft of 3,520 BTC, quickly swapped to XMR. STX: Stacks Asia partners with Abu Dhabi to expand Bitcoin projects. Weekly Outlook Apr 29: Binance Alpha lists Haedal Protocol (HAEDAL). Apr 30: U.S. April ADP employment data. U.S. Q1 annualized GDP growth rate (preliminary). U.S. March core PCE data. Frax Finance North Star upgrade (Frax Share renamed to Frax as gas token). KMNO unlock (16.98% of circulating supply, ~$14.5M). REZ unlock (19.57% of circulating supply, ~$7.4M). TOKEN 2049 Dubai (Apr 30–May 1). Microsoft, Meta earnings. May 1: U.S. April S&P Global Manufacturing PMI (final). U.S. April ISM Manufacturing PMI. SUI unlock (2.28% of circulating supply, ~$267M). Bank of Japan target rate decision. Apple, Amazon earnings. May 2: U.S. April non-farm payrolls & unemployment rate. Berkshire Hathaway Annual Shareholders Meeting.     Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeways Macro Environment: U.S. consumer confidence remains sluggish, with growing expectations of an economic slowdown. Tariff prospects remain uncertain, as the U.S. and China send conflicting signals, with China again denying any ongoing consultations or negotiations. Friday's data and events weighed on U.S. stock gains, leading to a pullback during the session. Crypto Market: Bitcoin mirrored U.S. stock movements on Friday, opening higher but closing up only 0.7%. However, tariff uncertainty and heightened expectations of an economic slowdown pushed Bitcoin lower for two consecutive days over the weekend. Bitcoin's dominance declined for two straight days, while altcoin sentiment improved. Hot tokens include TRUMP and XRP, with TRUMP doubling in price and trading volume surging after Trump announced a dinner for TRUMP token holders. Brazil's XRP ETF and ProShares Trust's XRP ETF are set to launch soon. Main Asset Changes Index Value % Change S&P 500 5,525.22 +0.74% NASDAQ 17,382.94 +1.26% BTC 93,608.70 -0.93% ETH 1,791.32 -1.62%   Crypto Fear & Greed Index: 54 (61 a day ago), level: Neutral Macro Economy U.S. April 1-year inflation expectation final value: 6.5%, the highest since January 1980, below previous and expected values. U.S. April University of Michigan Consumer Sentiment final value: 52.2, near historic lows but above previous and expected values. Trump: Unlikely to suspend tariffs for another 90 days, hopes to reach an agreement, expects a trade deal within three to four weeks. U.S. Trade Representative: Negotiating alternatives for reciprocal trade. Industry Highlights SEC Chair Paul Atkins: Will focus on regulatory handling of digital assets and distributed ledger technology. European Central Bank establishes new working group to streamline bank supervision. U.S. SEC approves ProShares Trust's XRP ETF for public listing on April 30. ProShares Trust's eight SOL and XRP crypto futures ETFs set to take effect on April 30. CoinShares: Q4 2024 weighted average cash cost for Bitcoin mining by listed firms was $82,162. Bitcoin ETFs record largest weekly net inflows since Trump took office. Nvidia halts Arbitrum partnership announcement, still rejects crypto elements in AI projects. Trump family crypto project WLFI signs letter of intent with Pakistan Crypto Committee. Bitcoin Core developer proposes abolishing the "satoshi" unit and removing decimals, sparking community debate. pump.fun cumulative revenue surpasses $613 million. Project Highlights Hot Tokens: TRUMP, XRP, PENGU TRUMP: Reiterates no token unlocks during the dinner ranking event, extending initial and subsequent three-month unlocks by 90 days. XRP: ProShares Trust's XRP ETF to list publicly on April 30; Brazilian exchange lists XRP spot ETF trading. NEAR: Bitwise registers NEAR ETF in Delaware. MAGIC: Treasure DAO launches AI Agent Creator. Weekly Outlook April 28: Meta's inaugural Open Source AI Conference; Binance Alpha lists Sign (SIGN). April 29: Binance Alpha lists Haedal Protocol (HAEDAL). April 30: U.S. April ADP employment data; U.S. Q1 annualized GDP growth rate (preliminary); U.S. March core PCE data; Frax Finance North Star upgrade, Frax Share to be renamed Frax and serve as gas token; KMNO unlock (16.98% of circulating supply, ~14.5M)；REZ unlock(19.57% of circulating supply, ~7.4M); TOKEN 2049 Dubai (April 30–May 1); Microsoft, Meta earnings. May 1: U.S. April S&P Global Manufacturing PMI (final); U.S. April ISM Manufacturing PMI; SUI unlock (2.28% of circulating supply, ~$267M); Bank of Japan target rate decision; Apple, Amazon earnings. May 2: U.S. April non-farm payrolls, unemployment rate; Berkshire Hathaway Annual Shareholders Meeting.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: Trump renewed pressure on the Fed to cut rates, while dovish remarks from Fed officials boosted risk appetite. U.S. stocks rallied for three consecutive days, with Treasury yields declining sharply. Crypto Market: Regulatory easing continued as the Fed rescinded crypto asset and stablecoin guidance for banks. After two days of heavy Bitcoin ETF inflows, BTC volatility narrowed, ending slightly higher after a intraday V-shaped recovery. Bitcoin dominance declined further, with altcoin sentiment improving—AI Agents sector led gains. Main Asset Changes Index Value % Change S&P 500 5,484.78 +2.03% NASDAQ 17,166.04 +2.74% BTC 93,976.80 +0.31% ETH 1,769.49 -1.43%   Crypto Fear & Greed Index: 60 (63 a day ago), level: Greed Macro Economy Fed’s Harker: June rate cut possible. Fed’s Waller: Would support cuts if Trump’s tariffs trigger unemployment spikes. Trump repeated calls for rate cuts, criticizing Fed delays. WSJ: No softening in Trump’s China tariff stance. Industry Highlights Fed revoked crypto asset & stablecoin guidance for banks. Solana stablecoin market cap hit a record $12.8B. Raydium hinted at a potential airdrop. Metaplanet bought 145 more BTC (total: 5,000 BTC). Tether increased stake in Juventus FC by 10%. Coinbase exec: Sovereign wealth/insurance funds quietly accumulated BTC in April. Project Highlights Hot Tokens: PENGU, ONDO, SUI XRP: CME to launch XRP futures. ONDO: SEC Crypto Task Force meets with Ondo Finance to explore options for compliant issuance of tokenized securities. HNT: Helium (DePIN) signed a deal with AT&T to integrate its community Wi-Fi network. MOVE: Movement launched DeFi Spring, offering 250M MOVE incentives. NEIRO: Secured exclusive IP rights; charity fundraising exceeded $300K. Weekly Outlook Apr 25: SEC’s third crypto roundtable (focus: custody solutions   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Macro Environment: Ongoing uncertainty around tariff tensions continues to weigh on risk assets. U.S. stocks initially rallied to session highs on media reports suggesting potential tariff easing, but later pared gains after Treasury Secretary Besant stated Trump has not proposed unilateral tariff reductions for any major economy, noting a comprehensive trade deal could take 2-3 years and ruling out unilateral concessions. Crypto Market: Sentiment remains optimistic, with Bitcoin (+0.26%) moving in sync with equities. ETH/BTC rebounded for a second day ahead of Ethereum’s Pectra upgrade (May 7). Bitcoin’s dominance dipped 0.24% as altcoin sentiment improved slightly. Main Asset Changes Index Value % Change S&P 500 5,375.85 +1.67% NASDAQ 16,708.05 +2.50% BTC 93,690.30 +0.26% ETH 1,795.22 +2.21%   Crypto Fear & Greed Index: 63 (72 a day ago), level: Greed Macro Economy WSJ: U.S. may cut tariffs on some Chinese goods by more than half. Treasury Sec. Besant: Trump hasn’t proposed unilateral tariff cuts; comprehensive trade deal may take 2-3 years; no unilateral reductions. Trump plans partial tariff exemptions for automakers. Trump: "Will implement significant tax cuts." Fed Beige Book: Economic activity stable, but uncertainty darkens outlook in several regions. 11 U.S. states sue Trump administration over "illegal" tariff abuse (following California). Industry Highlights SEC Chair Paul Atkins to speak at the next crypto roundtable (April 25). Bloomberg: Details on U.S. strategic Bitcoin reserves may emerge in coming weeks. Ethereum Mainnet: Pectra upgrade scheduled for May 7. U.S. Commerce Secretary’s son partners with SoftBank & Tether to launch a $3B crypto JV, aiming to build a multi-billion-dollar Bitcoin acquisition platform. USDT & USDC market caps hit record highs. Solana Foundation introduces new validator delegation policies to enhance decentralization. Project Highlights Hot Tokens: TRUMP, SUI TRUMP: Trump to host "TRUMP DINNER" for token holders on May 22 in D.C. SUI: 21Shares files for SUI ETF in Delaware. SEI: Canary registers stakeable SEI ETF. MASK: DWF Labs invests $5M in MASK to accelerate decentralized social infrastructure. Weekly Outlook Apr 24: Binance Launchpool lists Initia (INIT); Google earnings. Apr 25: SEC’s third crypto roundtable (focus: custody).   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Trump made a major shift in stance, stating he has no intention to fire Powell, easing market concerns about the Fed's independence. Optimism around tariff negotiations and easing geopolitical tensions further boosted market sentiment. U.S. stocks rebounded sharply, with all three major indices gaining over 2.5%, while gold plunged. In the crypto market, Paul Atkins officially replaced Gary Gensler as SEC Chairman, fueling optimism for crypto policy guidance. Bitcoin broke through the $93,000 resistance level, surging 6.77%. Bitcoin's dominance rose 0.18%, while altcoins underperformed Bitcoin, indicating sentiment remains fragile. Main Asset Changes Index Value % Change S&P 500 5,287.77 +2.51% NASDAQ 16,300.42 +2.71% BTC 93,443.60 +6.77% ETH 1,756.41 +11.20%   Crypto Fear & Greed Index: 72 (47 a day ago), level: Greed Macro Economy Trump: No intention to fire Powell, but urges the Fed to cut rates. Trump: Tariffs on China won’t be as high as 145%—they will drop significantly but not to zero. Trump: Will announce a Russia-Ukraine peace plan within three days. U.S. to propose recognizing Crimea as Russian territory, freezing frontlines, and lifting sanctions on Russia. Putin suggests a ceasefire along current frontlines, first signaling willingness to abandon maximalist military demands. Industry Highlights aul Atkins officially replaces Gary Gensler as SEC Chairman. Trump: "The crypto industry urgently needs clear regulations; the SEC Chair is the best person to ensure regulatory certainty." Unicoin refuses SEC settlement, will fight charges in court. Trump Media & Technology Group, Crypto.com, and Yorkville America Digital finalize ETF issuance agreement. Trump Media plans to launch a series of ETFs under the Truth.Fi brand this year, including digital asset products. Unichain TVL surpasses $300 million. Metaplanet CEO: Still committed to holding 10,000 BTC by year-end. WazirX exchange expects to relaunch in May, pending Singapore court approval. ING collaborates with institutions to develop a new stablecoin. Project Highlights Hot Tokens: ETH, SOL, POPCAT, DEEP AI Agent sector rebounds over 20%, with ZEREBRO, ARC, AI16Z, AIXBT, GOAT, VIRTUAL broadly rising. Binance Alpha sector rallies, led by DARK, RFC, ALCH, TROLL. DEEP: Over 60% of trading volume comes from South Korea; Korean capital drives gains, boosted by Binance listing futures. CHZ: Chiliz meets with SEC’s crypto working group to discuss plans for re-entering the U.S. market. Weekly Outlook April 23: U.S., Eurozone, and U.K. to release preliminary April manufacturing and services PMIs; 2026 FOMC voter and Minneapolis Fed President Kashkari speaks; Google enforces MiCA crypto ad rules in the EU. April 24: Fed releases the Beige Book; Binance Launchpool lists Initia (INIT); Google earnings. April 25: SEC holds its third crypto policy roundtable, focusing on custody issues.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Trump once again called for the Fed to cut interest rates, intensifying concerns about a crisis in the Fed's independence and the risk of stagflation in the U.S. economy. U.S. assets experienced a simultaneous decline in stocks, bonds, and currency, while safe-haven assets like gold and the Swiss franc rose. Bitcoin's role as a hedge amid the crisis of trust in centralized finance was evident, briefly surpassing $88,000 and closing up 2.73%, decoupling from the stock market. Bitcoin's dominance reached 64.45%, up 0.92% month-on-month, while altcoins underperformed Bitcoin overall. Main Asset Changes Index Value % Change S&P 500 5,158.19 -2.36% NASDAQ 15,870.90 -2.55% BTC 87,518.50 +2.73% ETH 1,579.51 -0.50%   Crypto Fear & Greed Index: 47 (39 a day ago), level: Neutral Macro Economy Trump again urges Fed Chair Powell to cut interest rates. Poll: Trump's approval rating hits the lowest level since the start of his new term. Fed's Goolsbee: The Fed's independence is crucial. Bank of Japan reportedly sees little need to change its basic rate hike stance. Industry Highlights Paul S. Atkins officially assumes role as SEC Chairman. Bank of Korea to actively participate in drafting stablecoin regulations. Singapore Exchange plans to launch Bitcoin perpetual futures in the second half of 2025. Ethereum Foundation shifts strategic focus to short-term scaling goals. Circle to launch a new payment and cross-border remittance network. Circle and BitGo plan to apply for banking licenses soon. Initia Tokenomics: INIT total supply of 1 billion, 5% allocated to airdrops. Crypto trading and investment firm GSR leads a $100M private placement in U.S.-listed company Upexi. Upexi has committed to a Solana treasury strategy, including accumulating and staking Solana. Consensys, Solana, and Uniswap CEOs have all donated to Trump's inauguration fund. USDC supply nears $61 billion, up 38.6% year-to-date. Project Highlights Hot Tokens: BTC, DOGE, FET PAXG/XAUT: The Fed's independence crisis drives gold to new highs, boosting interest in tokenized gold PAXG and XAUT. LUCE: Short-term surge of 70% following the death of Pope Francis. PUFFER: Puffer Finance introduces institutional staking and restaking solutions. OM: Mantra burns 150 million OM tokens allocated to the team. Weekly Outlook April 22: 2026 FOMC voter and Philadelphia Fed President Harker speaks at the Economic Mobility Summit; Tesla earnings. April 23: U.S., Eurozone, and U.K. to release preliminary April manufacturing and services PMIs; 2026 FOMC voter and Minneapolis Fed President Kashkari speaks; Google to enforce MiCA crypto ad rules in the EU starting April 23. April 24: Fed releases the Beige Book; Binance Launchpool lists Initia (INIT); Google earnings. April 25: SEC to hold its third crypto policy roundtable, focusing on custody issues.   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Fed Chair Powell's remarks hinted at stagflation risks while dampening expectations for Fed market intervention. Safe-haven gold extended its rally to new highs, while US equities accelerated declines post-Powell. Bitcoin mirrored US stock movements during trading hours, erasing pre-market gains to close marginally higher. Bitcoin dominance surpassed 64%, with altcoins remaining sluggish. Main Asset Changes Index Value % Change S&P 500 5,275.71 -2.24% NASDAQ 16,307.16 -3.07% BTC 84,029.00 +0.46% ETH 1,576.85 -0.74%   Crypto Fear & Greed Index: 30 (29, 24hrs ago) - Fear Macro Economy Powell: Q1 2025 US growth may slow YoY; tariff inflation could persist longer; Fed stands ready to provide dollar liquidity but warns against expecting volatility suppression US March retail sales: +1.4% MoM (largest gain since Jan 2023), vs 1.3% est. Spot gold breaks $3,350 barrier (new ATH) WTO: Global economy could contract 1.5% in 2025 if US tariffs escalate Atlanta Fed GDPNow forecasts Q1 GDP at -2.2% Industry Highlights Oklahoma Senate committee rejects Bitcoin reserve proposal Panama City to accept crypto for tax/municipal payments US judge stays 18-state lawsuit against SEC crypto rules Powell: Crypto gaining mainstream traction; stablecoin legal frameworks "a good idea" Raydium launches token launchpad "Launch Lab" SEC/Ripple joint motion to stay appeals grante Metaplanet issues $10M zero-coupon bonds for additional Bitcoin purchases Gauntlet Announces Launch of Liquidity Incentive Campaign for Unichain, Distributes $5 Million in UNI Rewards to 12 Different Liquidity Pools Unichain TVL Soars to $71 Million Driven by Liquidity Incentive Project Highlights Trending Tokens: FARTCOIN,RAY,GAS RAY: Raydium's Launch Lab directly competes with Pumpfun WCT: Lists on Upbit/Bithumb trigger 100% price surge; short funding rates hit floor ENA: Germany's BaFin orders halt to USDe operations Weekly Outlook Apr 17: DBR unlock (63.24% circ., ~26.5M);OMNI unlock (42.89% circ,~16.3M); Apr 18: US market holiday; TRUMP unlock (342M);MELANIA unlock(13.2M) Apr 19: ZKJ unlock (25.72% circ., ~$35.25M)   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways US-EU trade negotiations reached an impasse, with the EU anticipating the US will maintain its tariff policies. Unresolved tariff risks weighed on US equities, leading all three major indices to close lower after volatile trading. Bitcoin maintained strong correlation with US stocks - after testing the $86,400 resistance level in pre-market, it mirrored the equity decline to close down 1.12%. Main Asset Changes Index Value % Change S&P 500 5,396.62 -0.17% NASDAQ 16,823.17 -0.05% BTC 83,642.80 -1.12% ETH 1,588.66 -2.17%   Crypto Fear & Greed Index: 29 (38, 24hrs ago) - Fear Macro Economy Trump: Tariff suspension reflects transitional flexibility needs Minimal progress in EU-US talks; EU expects US tariff policies to remain Canada grants 6-month temporary tariff exemptions for US manufacturing imports Industry Highlights SEC concludes multi-year review of Coinbase financial disclosures without requiring revisions Tokyo-listed Value Creation purchases additional ¥100M in Bitcoin Semler Scientific files with SEC to raise $500M for Bitcoin acquisitions Brazil's Meliuz proposes expanding Bitcoin reserve strategy Solana-based Solayer launches non-custodial crypto debit card SEC closes investigation into CyberKongz NFT project Project Highlights Trending Tokens: OM, GAS, GHIBLI OM: Mantra CEO proposes token burn to restore investor confidence; price rebounds WCT: New listing underperforms with ~$300M FDV GAS/SNT/ARDR/AERGO: Korean trading volume exceeds 70% for top gainers Weekly Outlook Apr 16: US retail sales; Powell speech; Binance delists 14 tokens Apr 17: DBR unlock (63.24% circ., ~26.5M);OMNI unlock (42.89% circ,~16.3M); Apr 18: US market holiday; TRUMP unlock (342M);MELANIA unlock(13.2M) Apr 19: ZKJ unlock (25.72% circ., ~$35.25M)   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways A quiet day from Trump brought modest relief to markets, with U.S. stocks rebounding slightly. However, lingering tariff concerns and renewed sector-specific uncertainties capped the rally. STRATEGY continued accumulating Bitcoin at an average cost of $82,618, while BTC edged up 1%. Main Asset Changes Index Value % Change S&P 500 5,405.96 +0.79% NASDAQ 18,796.02 +0.57% BTC 84,590.80 +1.00% ETH 1,623.85 +1.63%   Crypto Fear & Greed Index: 38 (31, 24hrs ago) - Fear Macro Economy Trump: Semiconductor tariff rates to be announced within a week EU suspends retaliatory tariffs on U.S. goods until July 14 NY Fed 1-year inflation expectation (Mar): 3.58% (est. 3.26%, prev. 3.13%) Fed Governor Waller: Trump tariffs' inflation impact may be "transitory"; favors earlier/larger rate cuts if significant slowdown occurs Legal group challenges Trump tariff legality in new lawsuit Industry Highlights Kyrgyzstan appoints CZ as National Blockchain & Web3 Strategy Advisor U.S. DHS investigating Anchorage Digital Bank South Korea blocks 14 unregistered crypto exchange apps including KuCoin and MEXC STRATEGY purchased 3,459 BTC ($82,618 avg) between Apr 7-13 SEC delays decision on Grayscale Ethereum ETF staking feature SEC postpones WisdomTree/VanEck spot Bitcoin/ETH ETF in-kind creation rulings to Jun 3 Metaplanet adds 319 BTC (total 4,525), becoming 9th-largest public BTC holder Google to implement MiCA-compliant crypto ad rules in Europe from Apr 23 Kraken launches U.S. stock/ETF trading OpenSea to support Solana NFT trading Project Highlights Trending Tokens: FARTCOIN, PVS, GHIBLI Solana weekly transaction volume up 32%; meme coins (FARTCOIN, GHIBLI, RFC) gaining traction PVS: Solana-based distributed rendering platform launched via pumpfun (~$10M market cap) TIA: Celestia launches high-performance testnet "mamo-1" Weekly Outlook Apr 15: NY Fed Manufacturing Index; EU may pause US tariff counters for 90 days; Shardeum mainnet; WalletConnect WCT token Apr 16: US retail sales; Powell speech; Binance delists 14 voted tokens Apr 17: DBR unlock (63.24% circ. supply, ~26.5M) Apr 18: US market holiday; TRUMP unlock (342M);MELANIA unlock(13.1M) Apr 19: ZKJ unlock (25.72% circ. supply, ~$35.25M)   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Key Takeaways Market Environment: The University of Michigan survey of U.S. consumer confidence is less than expected, inflation expectations soared, market sentiment is more pessimistic. Then the Federal Reserve hinted at a bailout and the United States and some of the electronics tariffs to boost market sentiment, U.S. stocks turned up, bitcoin topped $ 86,000. However, the weekend tariffs added variables, semiconductor, pharmaceuticals and other industries tariffs will soon be introduced, electronic tariffs or only a temporary exemption. Risk assets face a new round of uncertainty, bitcoin fell below $84,000, U.S. stock futures turn lower after positive open. Market Spotlight: RWA public chain MANTRA sparked a market buzz after a 1-hour flash crash of over 90% and liquidation of over $67 million in 12 hours. The project was exposed for price manipulation by market makers, changing the token economy and delaying promised community airdrops. Main Asset Changes Index Value % Change S&P 500 5,363.35 +1.81% NASDAQ 18,690.05 +1.89% BTC 83,756.80 +0.81% ETH 1,597.90 -2.81%   Crypto Fear & Greed Index: 31 (45, 24hrs ago) - Fear Macro Economy US March PPI: +2.7% YoY (below previous/forecast) US April 1-year inflation expectation: 6.7% (prev. 5%, est. 5.1%) Michigan Consumer Sentiment (Apr prelim): 50.8 (below prev/est) Fed's Collins: The Fed is "absolutely" prepared to stabilize markets if needed US Commerce Sec: Electronics tariffs coming soon, pharma tariffs within 1-2 months US granted temporary exemptions for smartphones, PCs, chips; may be provisional White House: Trump expressed willingness to reach agreement with China Industry Highlights South Korea postponed Credit Information Act for crypto firms to Dec 2025 Pakistan introduced first compliant virtual asset framework SEC considering regulatory sandbox for tokenized securities trading pilots SEC & Binance jointly requested 60-day litigation extension SEC & Ripple filed preliminary settlement, seeking stay of appeals World Liberty Financial denied ETH sell-off claims as "completely false" McDonald's rejected Bitcoin purchase proposal for May shareholder meeting Argentina's lifted currency controls boosted stablecoin trading volume Ethereum DEX daily unique traders hit 12-month low Michael Saylor's Bitcoin tracker update hints at potential accumulation Project Highlights Trending Tokens: OM, RFC OM: RWA blockchain crashed >90% after >4.5% circulating supply was dumped. Faced year-long issues including market manipulation and broken airdrop promises. RFC: Musk-themed meme coin briefly hit $100M market cap (ATH) ENA: Ethena Labs introduced weekly USDe reserve proofs ONDO: Copper to custody Ondo's tokenized treasury products (OUSG/USDY) Weekly Outlook Apr 14: Trump's semiconductor tariff details; NY Fed 1-year inflation exp; KERNEL launch Apr 15: NY Fed Manufacturing Index; EU may pause US tariff counters for 90 days; Shardeum mainnet; WalletConnect WCT token Apr 16: US retail sales; Powell speech; Binance delists 14 voted tokens Apr 17: DBR unlock (63.24% circ. supply, ~26.5M);OMNIunlock(42.8926.5M) Apr 18: US market holiday; TRUMP unlock (342M);MELANIA unlock(13.1M) Apr 19: ZKJ unlock (25.72% circ. supply, ~$35.25M)   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

The global crypto market cap eased 0.90% to $2.57 trillion as 24‑hour volume plunged 38.54% to $103.17 billion, with stablecoins accounting for 95.77% of trading. Amid regulatory shifts—Trump’s repeal of the IRS DeFi broker rule and Paul Atkins’s SEC confirmation—Bitcoin on‑chain metrics and institutional staking developments are setting the stage for potential price rallies.   Quick Take Crypto cap $2.57 T (−0.90%); 24 h volume $103.17 B (−38.54%); DeFi share 8.36%, stablecoins 95.77%. Trump signs IRS DeFi broker repeal; SEC drops Helium suit; Paul Atkins confirmed SEC Chair. Long‑term holders added 363 000 BTC since February; whales maintain near‑peak accumulation scores. HashKey gains HK approval for ETH staking on spot ETFs; tokenized gold cap nears $2 B amid safe‑haven flows. Analysts forecast Bitcoin to test $100 000 by year‑end, with potential upside to $250 000 by 2026 on renewed institutional inflows. Crypto Market Cap Declines to $2.57 T as Trading Activity Contracts Sharply Crypto Fear & Greed Index | Source: Alternative.me   Over the past 24 hours, the total crypto market capitalization fell by 0.90% to $2.57 trillion, while trading volumes slumped 38.54% to $103.17 billion. DeFi protocols contributed $8.63 billion (8.36% of volume), but stablecoins dominated liquidity with $98.81 billion (95.77%). Bitcoin’s dominance dipped slightly to 62.41%, and the Fear & Greed Index plunged from 39 (“Fear”) to 25 (“Extreme Fear”), underscoring prevailing risk aversion among investors.   Trump Repeals IRS DeFi Broker Rule and SEC Chair Confirmation Signals Pro‑Crypto Tilt Source: X   On April 10, President Trump signed a joint resolution under the Congressional Review Act nullifying the Biden‑era IRS rule that would have classified DeFi platforms as brokers required to report user transactions. This first-ever congressional crypto victory was celebrated by industry groups, which argued the rule would have inundated the IRS and stifled innovation.   Concurrently, the U.S. Senate confirmed Paul Atkins as SEC Chair in a 52–44 vote, marking a clear shift toward a “rational, coherent” digital asset regulatory framework after years of aggressive enforcement under Gary Gensler.   Read more: Bitcoin Reclaims $83K, XRP ETF Sparks 13% Rally, Paul Atkins’ SEC Role Amid DXY Dynamics   Bitcoin On‑Chain Accumulation: Whales and Long‑Term Holders Drive Supply Squeeze Bitcoin’s network health is underscored by significant accumulation from long‑term holders (LTHs), defined as addresses holding BTC for over three years. Since mid‑February, LTHs have added approximately 363 000 BTC to their wallets, absorbing sell‑side pressure and reducing available supply. This cohort’s growing reserves suggest confidence in Bitcoin’s mid‑ to long‑term value proposition, even as short‑term volatility persists.   Whale addresses—those holding over 1 000 BTC—have also entered an intense accumulation phase. Mega‑whales (≥ 10 000 BTC) currently number 93 and reached a near‑perfect accumulation score in early April, indicating robust buying over a 15‑day window. This dynamic, combined with low spending from short‑term holders, points to a potential supply crunch that could amplify price moves when bullish catalysts emerge.   Bitcoin Price Prediction Analysts are forecasting Bitcoin to retest the $100,000 level by year‑end as regulatory clarity and institutional products—such as staking and ETFs—attract fresh capital. More bullish projections, including by IOHK’s Charles Hoskinson, envision Bitcoin reaching $250,000 by 2026, driven by macroeconomic tailwinds, tariff‑induced inflation hedging, and broader adoption of digital assets.   Read more: The History of Bitcoin Bull Runs and Crypto Market Cycles   Helium Lawsuit Dismissal: SEC Drops Securities Claims, Clarifying Token Distribution Precedents The SEC dismissed with prejudice its lawsuit against Nova Labs, developer of the Helium network, which had accused the company of issuing unregistered securities via its HNT, IOT, and MOBILE tokens. The ruling affirms that selling hardware coupled with token incentives for network growth does not inherently constitute a securities offering—setting a critical precedent for future token distribution models.   Read more: Top DePIN Crypto Projects to Know in 2025   HashKey’s Hong Kong Staking Approval: Institutional Yield on Ether ETFs Arrives Source: X   On April 10, Hong Kong’s SFC authorized HashKey Group to provide ETH staking services on licensed virtual asset trading platforms and authorized funds. This landmark approval positions HashKey as one of the first regulated exchanges in Hong Kong to enable institutional investors to earn staking yields on spot Ether ETFs, enhancing the appeal of proof‑of‑stake assets and paving the way for similar U.S. approvals under the new SEC leadership.   Tokenized Gold Touches $2 B Market Cap as Investors Flee Risk Assets Source: CoinDesk   Tokenized gold has emerged as a top-performing sector, with its combined market cap surging to $1.98 billion—a 5.7% 24‑hour gain—mirroring physical gold’s record highs above $3 200/oz. Weekly trading volumes of Paxos Gold (PAXG) and Tether Gold (XAUT) have exploded by 900% and 300%, respectively, since January 20. Crypto‑native investors are increasingly using tokenized gold as a stable‑value hedge amid geopolitical tensions and tariff‑driven market turbulence.   Read more: Unlocking RWA Tokenization in 2025: Key Trends, Top Use Cases & DeFi Insights   Conclusion: Balancing Fear and Opportunity in a Shifting Regulatory Landscape Despite a pullback in overall market cap and volumes, underlying fundamentals—from robust on‑chain accumulation to pro‑crypto regulatory developments—point to a potential inflection. Trump’s repeal of the IRS DeFi broker rule, Atkins’s SEC confirmation, and HashKey’s staking green light in Hong Kong collectively signal a more favorable environment for digital assets. As Bitcoin eyes $100 000 and beyond, market participants will watch for macro and legislative catalysts to convert latent demand into the next bullish leg.

  Key Takeaways Market Environment: U.S. March inflation cooled more than expected, recording the lowest year-on-year growth rate in four years. However, the risk of escalating tariff wars overshadowed the positive inflation data, with market panic regaining dominance. U.S. assets faced a broad sell-off, with stocks, bonds, and currencies all closing lower. Bitcoin fell in sync, dropping 3.63%. Regulatory Trends The U.S. continues advancing crypto-friendly regulations: 1) The SEC has mandated enhanced token disclosures from crypto projects, potentially adopting stock market-style reporting standards;  2) President Trump signed the first cryptocurrency bill into law, eliminating IRS DeFi broker regulations to actively embrace DeFi innovation.   Main Asset Changes Index Value  % Change S&P 500 5,268.06 -3.46% NASDAQ 18,343.57 -4.19% BTC 79,602.90 -3.63% ETH 1,552.48 -8.79%   Crypto Market Fear & Greed Index: 25 (39, 24 hours ago), level: Extreme Fear   Macro Economy U.S. March CPI rose 2.4% YoY, below market expectations; markets nearly fully priced in a Fed rate cut in June. The EU considers suspending its U.S. tariff countermeasures for 90 days starting April 15. The U.S. House passed a budget, clearing the way for Trump's tax cuts and debt ceiling increase. Yellen: The possibility of a U.S. recession has risen. Spot gold broke through $3,200 for the first time, hitting another all-time high. Trump: Plans to use tariff revenue to repay debt. Fed's Goolsbee: The threshold for policy changes at the Fed remains quite high.   Industry Highlights U.S. SEC issued new guidance requiring crypto projects to enhance token disclosures. Trump signed the first crypto bill, repealing the IRS DeFi broker rules. U.S. SEC dropped charges against Nova Labs for "selling unregistered securities." U.S. SEC officially accepted Fidelity's Solana ETF listing application. Hong Kong established a Digital Asset Alliance, with members including the Hong Kong Web 3.0 Association and six other institutions. New Hampshire House passed a Bitcoin reserve bill. DWF Labs launched a $250 million liquidity fund, now open for applications from mid-to-large cap token projects. Silk Road founder Ross Ulbricht will make his first public appearance at the Las Vegas Bitcoin Conference. MEV bots front-ran the Wayfinder PROMPT airdrop; TokenTable paused the process and promised compensation. Bitcoin staking protocol Babylon launched its Genesis mainnet.   Project Highlights Trending Tokens: BABY, XCN, GAS BABY: Bitcoin ecosystem token BABY debuted with high volatility, currently with a circulating market cap of ~$180M. ME: Magic Eden announced the acquisition of decentralized trading platform Slingshot. AVAX: VanEck submitted an Avalanche ETF application to the SEC. GAS: Trading volume concentrated in Korean capital, with contract funding rates hitting lower limits, triggering a short squeeze rally.   Weekly Outlook April 11: U.S. March PPI data; U.S. SEC's second crypto regulation roundtable; U.S. April one-year inflation expectation (preliminary); U.S. April Michigan Consumer Sentiment Index (preliminary).   Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.