According to Foresight News, UniSat has announced that it has resolved some known issues with purchasing Rune using multi-address wallets. For users who have been affected, the company recommends temporarily importing their multi-address wallets into the UniSat wallet and transferring the Rune from these addresses to prevent further erroneous consumption. Failure to transfer could potentially lead to a risk of asset loss.

According to CryptoPotato, Ethereum's price is expected to rebound in the medium term after experiencing a significant downturn. The cryptocurrency has found support within a substantial zone, which includes the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. A detailed analysis of the daily chart reveals a prolonged period of corrective retracements, ending with the price finding support within a crucial zone. This zone includes the 100-day moving average at $3050 and the significant price range between the 0.5 ($3190) and 0.618 ($2972) Fibonacci levels. This range is significant as it draws considerable demand, potentially preventing further downward pressure from market sellers. A minor bullish divergence between the price and the RSI indicator suggests a potential for a bullish resurgence, aiming to reclaim the $3.5K threshold. However, an unexpected breach below this critical support zone could trigger a cascade effect toward the 200-day moving average at $2.5K. A closer look at the 4-hour chart reveals a descending wedge pattern during a multi-month consolidation correction. After a significant decline, the price has reached the lower boundary of the wedge and the support region around $3K. Despite the potential buying pressure within this crucial range, the price has entered a consolidation phase characterized by minimal volatility. This price action indicates a struggle between buyers and sellers. However, a noticeable divergence between the price and the RSI indicator on the 4-hour timeframe suggests the strength of buyers, increasing the likelihood of a bullish upswing in the medium term. If this occurs, the next target for the price would be the critical resistance level at $3.5K. Conversely, a break below this support could lead to a descent toward the $2.7K support. As Ethereum's price shows signs of recovery, it's essential to determine whether this resurgence stems from spot buying or leveraged futures activity. A key metric for this analysis is the funding rates, where positive values signify bullish sentiment and negative values indicate fear in the market. The recent downtrend in Ethereum's price has led to the liquidation of a significant number of positions in the perpetual market, resulting in a cooling effect on the futures market. As a result, the market appears ready for the re-emergence of long positions, with the potential for a fresh upward surge.

According to CryptoPotato, Polkadot's recent price action has been marked by subdued movement and minimal volatility following a swift decline toward the $6 level. The cryptocurrency is currently at a crucial juncture, with a potential breakout set to determine its next direction. An analysis of the daily chart reveals a period of consolidation around the $6 mark, characterized by low volatility and market indecision. This suggests a looming battle between buyers and sellers, hinting at an impending significant movement. Despite this uncertainty, the Polkadot price is currently supported by a strong and decisive range, anchored by the significant 200-day moving average at $6.93 and the critical support level of the 0.618 Fibonacci level ($6.7). This robust support zone is bolstered by substantial demand and has the potential to thwart further downward pressure, potentially propelling the price toward the significant resistance zone around $9. A detailed examination of the 4-hour timeframe reveals a rapid descent toward the $6 level, where the price encountered significant demand, leading to a slight reversal. However, the subsequent sideways consolidation phase has seen minimal volatility and a lack of decisive momentum. Nevertheless, the price has formed a sideways triangle pattern, with a breakout above its upper boundary indicating a continuation of the bullish trend. Currently, DOT teeters on the brink of breaking above this triangle pattern. If it happens, Polkadot is expected to sustain its upward trajectory, with potential targets lying within the price range defined by the 0.5 ($7.4) and 0.618 ($7.8) Fibonacci levels. Conversely, a break below the lower boundary of the triangle pattern could signal a continuation of the bearish retracement toward the $6 level. The significant impact of the perpetual futures market on Polkadot’s price dynamics cannot be overstated. Many short-term price movements, particularly those following periods of consolidation, are driven by liquidations within the futures market. Therefore, understanding where liquidity is most concentrated can offer valuable insights. The $7 and $6 price zones are characterized by substantial liquidity. Consequently, if the price embarks on an upward surge toward the $7 threshold, it may trigger a significant liquidation cascade, resulting in heightened volatility and a notable short-term decline. Conversely, should the market retreat towards the $6 level, a rapid surge could ensue due to a cascade of long liquidations, leading to an immediate rebound. These levels serve as crucial reference points in the short term and have the potential to shape the market trend in the weeks ahead.

On Apr 20, 2024, 04:48 AM(UTC). According to Binance Market Data, BNB has crossed the 560 USDT benchmark and is now trading at 560.099976 USDT, with a 2.66% increase in 24 hours.

According to Foresight News, StakeStone has launched a pre-deposit activity for Merlin Chain M-BTC. Participants can earn STONE-BTC points by pre-depositing M-BTC. The pre-deposited M-BTC will be uniformly minted into mSTONEBTC, which has multiple fertility capabilities, after the mainnet contract is deployed in May. Furthermore, STONE-BTC points can be used to share in the exclusive BTC ecological reward pool of BTC Wave. More BTC ecological projects are expected to be launched in the future.

According to Foresight News, data from SoSoValue indicates that Bitcoin spot ETFs experienced a total net inflow of $59.558 million on April 19th, Eastern Time. On the other hand, Grayscale's ETF, GBTC, saw a single-day net outflow of $45.8246 million, bringing the total historical net outflow to $16.731 billion. The Bitcoin spot ETF with the highest single-day net inflow was Fidelity's ETF, FBTC, with a net inflow of $54.7707 million. The total historical net inflow for FBTC has now reached $8.142 billion. Following closely was BlackRock's ETF, IBIT, with a single-day net inflow of $29.2758 million, bringing its total historical net inflow to $15.421 billion. As of the time of writing, the net asset value of Bitcoin spot ETFs stands at $53.832 billion. The ETF net asset ratio, which is the market value compared to the total market value of Bitcoin, is at 4.27%. The total historical net inflow has now reached $12.322 billion.

According to Foresight News, Animoca Brands' Web3 project, Mocaverse, has released details of its MOCA token sale. A total of 126,984,127 tokens will be sold at a price of $0.03938 each. The minimum purchase threshold is set at $100, with the option to pay in USDT or USDC. The project aims to raise up to $5 million in funds. Of the total tokens, 5% will be unlocked at the Token Generation Event (TGE), with the remainder to be locked for three months. After this period, the tokens will be linearly released over 52 weeks.

According to Foresight News, Blast is set to distribute the second batch of 10 million 'Blast Gold' to 70 eco-projects next week. The top three projects in line for the distribution are Thruster, DistrictOne, and Fantasy, receiving 1,099,908, 733,272, and 733,272 'Blast Gold' respectively.

According to Foresight News, Twitter user @zad1130 has compiled data showing that several of the top 10 projects under the Runes Protocol have been deployed by well-known individuals and project teams. These include the Uncommon·Goods project, deployed by Ordinals founder Casey, and the Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z project, deployed by the Bitcoin Rollup project FehuLayer. The DOG•GO•TO•THE•MOON project, deployed by Ordinals developer Leonidas, and the THE•RUNIX•TOKEN project, deployed by the modular project Bitcoin Virtual Machine, are also part of this list. The RSIC•GENESIS•RUNE project, deployed by Runecoin, is another notable project under the Runes Protocol. This data highlights the involvement of prominent figures and teams in the development and deployment of projects under the Runes Protocol.

According to Foresight News, RSIC Metaprotocol has seen a significant decrease in its floor price. The floor price fell to 0.037 BTC, marking a drop of over 50% within a span of two hours. This data was provided by Magic Eden. The sudden drop in the floor price of RSIC Metaprotocol has raised concerns among investors and market watchers. However, the reasons behind this drastic drop remain unclear. Further updates and analysis are expected as the situation unfolds.

According to BlockBeats, on April 20th, data from HODL15Capital revealed that BlackRock's IBIT experienced a net inflow of $30 million. Although the BRRR data has not been published yet, it has been confirmed that the overall situation has reversed the continuous net outflow. This significant inflow marks a notable shift in the trend for IBIT, which had been experiencing a continuous net outflow. The exact reasons behind this shift are not yet clear, but it is a positive sign for the fund. Further details, including the BRRR data, are expected to provide more insight into this development. However, the confirmation of the reversal in the net outflow situation is a significant piece of news for IBIT and its investors.

According to CryptoSlate: Chainalysis has put forward a Polkadot governance proposal on April 18, potentially leading to a $10 million collaboration. Under this proposed partnership, Chainalysis will provide services such as monitoring and tracing DOT token activities on the Relay Chain, and ensuring visibility of potentially risky on-chain actions for regulators and institutional entities. The main focus is to upkeep a strong standing with regulatory authorities while cultivating a risk-aware setting. Moreover, Chainalysis will provide on-chain intelligence solutions to cater to the needs of institutions related to the listing of the DOT token, incorporating aspects like investigations, compliance, and usage growth scenarios. The collaboration also implies joint initiatives to promote and highlight the partnership and Chainalysis's contribution to Polkadot's compliance framework. Chainalysis's proposal solicits 1,000,000 of Polkadot's DOT tokens or an equivalent value in USD (approximately $6.82 million as of now) for a three-year contract. However, the proposal appears to have garnered only scant support from the Pokadot community thus far. Despite this, the proposal, if successful, promises significant advantages like enhancing market capitalization, market share, adoption, institutional popularity alongside averting fines and reputation damage deriving from regulatory concerns. The deadline for voting ends on May 16.

According to Foresight News, Antpool, a digital currency mining platform, has announced an upgrade to its BTC transaction acceleration services. This upgrade aims to secure priority for users' transactions on the blockchain. Antpool stated that following the halving of BTC, the network experienced historic congestion. The platform's transaction acceleration services are dedicated to providing a fast track for user transactions, ensuring they are prioritized for confirmation.

On Apr 20, 2024, 01:02 AM (UTC). According to Binance Market Data, BNB has dropped below 550 USDT and is now trading at 549.900024 USDT, with a narrowed 0.92% increase in 24 hours.

Farside Investors' data reported on April 20 indicated that Grayscale's GBTC saw a net outflow of $45.8 million. In the same context, Fidelity's FBTC registered a net inflow of $54.8 million, fully countering GBTC's outflow. While BlackRock's IBIT data hasn't been disclosed as of yet, the overall net inflow has been essentially confirmed by these figures.  

According to PANews, Friend.Tech has announced on Twitter that the relevant audit has been completed and they plan to launch the V2 version on April 29. The announcement did not provide further details about the audit or the upcoming version. It is expected that more information will be released closer to the launch date.

According to Bloomberg, the much-anticipated Bitcoin halving event took place recently, reducing the mining reward by half. This event, which occurs every four years, is designed to limit the number of Bitcoins in circulation to a maximum of 21 million, as per the original cryptocurrency's code. The halving mechanism was introduced by Bitcoin's anonymous creator, Satoshi Nakamoto, to prevent inflation. The halving event, which was the fourth since 2012, reduced the daily reward for miners from 900 to 450 Bitcoins. Despite the reduction, Bitcoin advocates remain optimistic about the cryptocurrency's future. However, market watchers have noted that the halving was already factored into the price, resulting in limited price movement. The impact of Bitcoin mining on the total number of tokens in circulation decreases with each halving. For instance, the number of tokens mined after the first halving represented 50% of the total Bitcoins at the time, while the new supply in the upcoming cycle will only account for 3.3%. The halving event is expected to have a more significant impact on Bitcoin mining companies than on the cryptocurrency's price. Bitcoin mining, which is an energy-intensive process, involves using specialized computers to validate transactions on the blockchain. Large-scale miners are expected to consolidate, with publicly-traded firms gaining market share due to their greater access to funding and ability to invest in more efficient equipment. The next Bitcoin halving is scheduled for 2028, reducing the reward for miners to 1.5625 from 3.125 for successfully processing a block of transaction data. Once the 21 million cap is reached, miners will have to rely on transaction fees, which currently constitute a small portion of their total revenue.

On Apr 20, 2024, 00:24 AM (UTC). According to Binance Market Data, Bitcoin has crossed the 64,000 USDT benchmark and is now trading at 64,158.011719 USDT, with a 1.84% increase in 24 hours.

On April 20, 2024, at 00:09 (UTC) Bitcoin carried out its fourth "halving" event at the block height of 840,000. The mining reward of the Bitcoin network dropped by 50%, from 6.25 BTC to 3.125 BTC. This monumental event follows the previous halving, which happened on May 11, 2020.

According to CoinDesk: The U.S. Internal Revenue Service (IRS) has offered a preview of what could be the first-ever crypto tax reporting form, known as the 1099-DA. Intended to report brokered digital asset transactions, the draft form includes individual token codes, wallet addresses, and spaces for finding transactions on the related blockchains. The form, labeled for 2025, reveals that the IRS will require brokers to report proceeds from digital asset dispositions to both taxpayers and the IRS. However, the unveiling is preliminary and subject to changes depending on the final crypto tax rule implementation. Industry stakeholders are seeking more clarity, primarily on how the IRS will define digital asset brokers required to comply with the new system, potentially encompassing wallet providers, decentralized platforms, and payment processors. The current draft provides categories for brokers, including kiosk operators, digital asset payment processors, hosted/unhosted wallet providers, and more. Amid this, questions arise about how centralized exchanges or decentralized protocols fit into these categories and how a digital asset registry would function, given that none currently exists. While the form resembles traditional financial reporting forms like 1099-B, public opinion has been invited on this draft, and the final rule's completion date remains unknown.