S&P Global Ratings has stated that regulatory clarity in the US could encourage traditional financial institutions to enter the stablecoin market, potentially reducing the dominance of Tether's USDT. The introduction of the Lummis-Gillibrand Payment Stablecoin Act seeks to define how stablecoins will operate in the country and could offer banks a competitive advantage by limiting non-banking institutions to a maximum issuance of $10 billion. The report also suggests that new providers of digital asset custody services could emerge with the removal of the SEC's requirement for custodians to report digital assets on their balance sheet, leading to greater competition.
#BinanceStrongestReferralCode_A9VD4338

Synthetix, a synthetic asset agreement, stated in a post on the X platform that if users hold non-US dollar spot synthetic assets on the Ethereum mainnet (L1), they should use @1inch or @DefiLlama to convert them into sUSD (or other assets) as soon as possible. The management committee will use a discount rate for synthetic asset redeemers on Monday, and the longer users wait to redeem non-US dollar synthetic assets, the higher the discount rate applied. Please note: Users who hold non-US dollar synthetic assets or SNX on other chains do not need to take any action, as this only applies to those who hold non-US dollar synthetic assets on the Ethereum mainnet.
#zachxbt

Blockchain infrastructure company MultiversX announced a partnership with Web3 infrastructure company Bware Labs to launch a sponsorship program aimed at helping early-stage companies building projects on the MultiversX network obtain necessary resources. Applications are currently open.
#bitcoin减半事件将在不到24小时发生

Leonidas, the founder of Runestone, stated in a social media post that he has airdropped 100 billion DOG tokens to Runestone holders.
#feedfeverchallenge

According to Adam, a macro researcher at GreeksLive, data on X platform shows that the implied volatility of BTC and ETH rapidly decreased after the BTC halving. The representative BTC Dvol dropped from 75% to below 65%, reaching a new low since March. On one hand, the stagnant market has significantly reduced the realized volatility RV, which has suppressed the implied volatility IV from the pricing end. On the other hand, there was some wait-and-see sentiment for the margin released by the quarterly large delivery before halving. As the market gradually stabilized before and after halving, continued selling by large holders further lowered volatility expectations. Historically, BTC enters a period of price weakness starting from mid-April. From a risk-reward perspective, selling May call options is currently very cost-effective.
#PepeToRunTheBull

According to Arkham data, Grayscale transferred about 873.553 BTC worth approximately $57.65 million to Coinbase Prime about 10 minutes ago. In addition, Grayscale transferred 1,500 BTC worth approximately $99 million to two new addresses.
#zachxbt

According to DefiLlama data, Renzo's current total TVL (supporting 7 chains) has reached 3.274 billion US dollars, ranking second in TVL among liquidity re-staking protocols, only behind ether.fi (3.777 billion US dollars).
#BinanceStrongestReferralCode_A9VD4338

Institutional digital asset broker FalconX has announced the launch of Prime Connect, a solution for exchange bankruptcy settlement, allowing institutional investors to trade on exchanges while their assets are held in regulated custody services, thereby reducing counterparty risk. Prime Connect enables institutional traders to use improved execution capabilities and stable credit limits while adopting portfolio margin. This improves capital efficiency and risk management, but does not compromise asset security, as client assets are still held by custodians independently of the exchange and FalconX's assets. Prime Connect has already completed its first integration with Deribit and will be available on other global exchanges in the future.
#BNB小餅

Zircuit announced that its TVL pledged exceeded $2 billion in the first two months of its launch. Zircuit is a ZK Rollup with parallel circuits and AI security features. Zircuit Staking allows users to earn Zircuit points by depositing ETH, liquidity staked tokens (LST), liquidity re-staked tokens (LRT), and USDe (Ethena USD), and integrate migration when Zircuit mainnet is launched. In March, Zircuit launched the Build to Earn program to incentivize builders, founders, and community members to contribute to the Zircuit ecosystem, attracting more than 1,000 opinions. As Zircuit's TVL and community continue to grow before its launch, partners participating in the Build to Earn program currently include Ethena, Ether.fi, KelpDAO, Renzo, Hashflow, API3, Galxe, Elixir, Blocto, Eigenpie, and more.
#ETH分析

According to Cointelegraph, Bitfinex's latest report shows that Bitcoin miners have sold some reserves ahead of the halving, effectively dispersing market selling pressure and avoiding a significant price drop. Additionally, the demand for the newly introduced Bitcoin spot ETF in the United States has helped stabilize the market sentiment. The report shows that miners significantly reduced the amount of Bitcoin sent to exchanges in March, indicating that they have planned their selling strategy ahead of time. Although the market may be affected in the short term, in the long run, this strategy will help miners adapt to the new environment after the halving.Since the halving, Bitcoin prices have not experienced a significant drop, but rather have continued to rise by about 4.5%. This is due to miners adjusting their strategies and the positive impact of ETF demand on market sentiment. The "large-scale" flow of funds into ETFs significantly affects market pricing, which is different from the conventional supply-demand framework. Bitfinex expects that after miner income decreases, price increases and the expansion of mining operations will compensate for the reduced rewards, and any negative impact on the market will be temporary. At the same time, the amount of Bitcoin purchased by ETF issuers has exceeded the amount of new coins created, and it is expected that the market supply will tighten.
#ETH分析

After Bitcoin completed its "halving" event last Saturday, JPMorgan issued a warning that Bitcoin may fall after the "halving". However, Jeff Kendrick, head of digital asset research at Standard Chartered Bank, reiterated in a recent interview that his price target for Bitcoin at the end of this year is $150,000, which means that Bitcoin will rise by more than double on the basis of its historical high in March of this year by the end of this year.
Kendrick said that the recent decline in Bitcoin is mainly due to the slowdown in ETF inflows and the tension in the Middle East - he bluntly stated that the Middle East situation currently "dominates" the cryptocurrency market. However, looking to the future, he believes that with the continuous inflow of large-scale Bitcoin ETF funds, the cryptocurrency market may reverse its downward trend later this year and continue to rise.
Kendrick estimates that the US spot Bitcoin ETF has attracted about $12 billion since it was approved in January of this year. He predicts that although the sentiment in the "coin circle" is currently cautious, once the US cryptocurrency ETF market becomes more "mature", the inflow of funds in the next two years may reach $50 billion to $100 billion.
#feedfeverchallenge

The Hong Kong Stock Exchange (HKEX) and Hong Kong Securities Clearing Company Limited issued a notice on the "Margin Rates for Trading Virtual Asset Spot Exchange Traded Funds (ETFs)". It was pointed out that the following risk management arrangements, which refer to the announcement issued on April 17, 2024 (No. ETP/001/24), will take effect on the same day as the launch of the virtual asset spot ETF:
The unified margin rate for non-constituent stock types (N-type) - virtual asset spot ETF and virtual asset futures ETF will be set at 30%;2. The unified margin rate for non-constituent stock types (N-type) - other tools will remain unchanged (i.e. 12%).Settlement participants should note that their margin rates will be determined based on the N-type unified margin rate and their individual margin multiplier. Settlement participants can retrieve their individual margin multiplier from the "Daily Participant Margin Multiplier Report" (DWH0081C) on the reporting platform. #ETH分析

According to a message from Deep Tide TechFlow, Ordinals developer Leonidas tweeted a prediction about the evolution of Runes:The Runes protocol is launched and some technical personnel use it, but ordinary users complain about poor user experience and medium influencers ignore Runes.
User experience improves and some large exchanges list Runes, but medium influencers still deny Runes and wait for its market value to rise.
After the market overheats and adjusts, medium influencers begin to blame Runes as just a passing fad.
The builders continue to work hard, attracting more mainstream investors and benefiting early holders. Medium influencers secretly follow Runes, waiting for the opportunity to buy low and promote it loudly.
It indicates that Ordinals are just NFTs on Bitcoin, while Runes are just memecoins on Bitcoin.
#PepeToRunTheBull

According to ChainArgos monitoring, Tether conducted a large-scale issuance and redemption activity on April 22. A total of 508 million USDT was issued that day, while 165 million USDT was redeemed.
#feedfeverchallenge

Uncharted, a game layer based on cryptocurrency, has announced the completion of a $1.7 million seed round of financing, led by Shima Capital, with participation from The Spartan Group, Double Peak Group, Devmons, 32-Bit Ventures, LiquidX, D64 Ventures, Flying Falcon, and a group of angel investors. Uncharted currently provides a platform primarily for game creators and studios, with a game studio and a product center that supports game creators under its umbrella.
#BTC🔥🔥🔥🔥🔥🔥

Binance is expected to suspend Kava (KAVA) network token deposit and withdrawal services at 22:00 on April 24th to support its network upgrade. The project team will upgrade the network at block height 9,561,866 (expected to be at 23:00 on April 24th).
#DYOR42711

HODL15Capital reported that the net inflow of the US BTC spot ETF was $62 million on April 22.
#BTC🔥🔥🔥🔥🔥🔥

As monitored by on-chain analyst Yu Jin, one hour ago, a whale who has been consistently withdrawing PENDLE from Binance recently withdrew 119,000 PENDLE (780,000 USD) from the exchange. Starting from April 6th, this whale has been continuously withdrawing PENDLE from Binance and has withdrawn a total of 1.709 million PENDLE (11.52 million USD) at an average price of about 6.54 USD.
#crypto2023A

The Financial Times reported that the New York Stock Exchange (NYSE) has had its data analysis team conduct a survey of its members to evaluate their interest in switching to 24/7 trading. The Financial Times stated that this idea has gained increasing attention in recent years, partly due to the increased activity of retail investors caused by the round-the-clock operation of cryptocurrency trading.
#SEC上诉

ccording to Watcher.Guru on X platform, X platform (formerly known as Twitter) has now obtained payment and remittance service licenses from 25 states in the United States.
#DYOR42711