Multiple VCs Deposit $40.15 Million ETH Exchanges in 24 Hours
Over the past 24 hours, multiple venture capitals (VCs) have deposited $40.15 million worth of Ethereum (ETH) into the exchange, according to on-chain analyst The Data Nerd. An address believed to be Polychain Capital deposited 5,700 ETH (worth $9.19 million), an address believed to be Galaxy Digital deposited 12,500 ETH (worth $20.29 million), and an address believed to be B2C2 deposited 6,540 ETH (worth $10.67 million).
Oklahoma Senate rejects BTC strategic reserve asset bill
The Oklahoma Senate Finance and Taxation Committee has rejected a bill (HB1203) to adopt Bitcoin as a strategic reserve asset, Decrypt reported. Similar bills have also been rejected in Montana, North Dakota, Pennsylvania, and Wyoming.
Reuters: “Chinese Local Governments Cash Out Seized Cryptocurrencies Through Private Companies”
Citing multiple sources, Reuters reported that local governments in China, struggling with declining revenues, are using private companies to cash out confiscated cryptocurrencies. The outlet said, “There are no clear regulations on how local governments should handle the cryptocurrencies they confiscate, given China’s ban on cryptocurrency trading…”
Hong Kong Securities and Futures Commission Allows Staking of ChinaAMC ETH Spot ETF
The Hong Kong Securities and Futures Commission (SFC) has approved China Asset Management (ChinaAMC) to provide staking functionality for its ETH spot ETF. Accordingly, staking functionality will be available starting May 15. Previously, the SFC also approved staking functionality for HashKey and OSL.
Analysis: "BTC Spot ETF, Demand from Small Institutions is Higher than Individuals"
The money flowing into Bitcoin spot ETFs is concentrated in a small number of institutions, meaning that institutional demand is stronger than individual investors, according to an analysis by financial services firm Matrixport. Matrixport said, "Since the launch of the BTC spot ETF, the cumulative net inflow has been $35.5 billion..."
Trump Memecoin TRUMP Developer Removes 4.6 Million USDC Liquidity, Deposits to Exchanges
The developer of US President Donald Trump’s meme coin TRUMP has deposited 4.6 million USDC liquidity into Coinbase Prime after removing it, LookOnChain reports via X.
Wallet service Blip partners with Mastercard
Bleap, an arbitrage-based wallet service platform, has signed a strategic partnership with Mastercard, The Block reported. With this collaboration, Bleap users will be able to make stablecoin payments at Mastercard merchants. Meanwhile, Bleap plans to launch its own token next year.
Odderley Launches 'OmniVault' Exclusively for Liquidity Providers
Omnichain liquidity layer Orderly Network (ORDER) announced through its official channel that it has launched OmniVault, a solution exclusively for liquidity providers (LPs). Regarding this, Orderly said, "Anyone, even general DeFi users, can become LPs..."
Noble Unveils Celestia-Based Stablecoin Development Platform 'App Layer'
Noble, a digital asset issuance technology standard infrastructure company, announced the launch of 'Noble AppLayer', a stablecoin development platform built on the Celestia (TIA) technology stack.
Mind Network "This 2Q Agent Ecosystem Building Goal...FHE is System Token"
MindNetwork, a fully homomorphic encryption (FHE) infrastructure protocol, announced through its official Medium Q2 roadmap that "after the second quarter of this year, it will build an agent ecosystem and provide a cryptographic foundation for the next-generation decentralized system."
Tiger Search "Major Asian Countries Establish Web3 Regulations and Accelerate Incorporation into the System"
Tigersearch, a research and consulting firm specializing in Asian web3, recently released a report titled “Web3 Promotion Strategies in Major Asian Countries: Analysis for the First Quarter of 2025,” stating that “the Asian web3 market showed continuous growth in the first quarter of last year...”
Hong Jun-pyo: "Fostering the Virtual Asset Industry Like Trump"
Hong Joon-pyo, the People Power Party's presidential primary candidate, said at a policy announcement conference, "In order to foster blockchain and virtual assets as a single industry, we will break down regulations as much as the Trump administration in the United States..."
Analysis: “BTC likely to fall into long-term sideways movement… Short-term indicators also suggest weakness”
There is an analysis that Bitcoin may enter a short-term bear market and a long-term sideways phase. According to Cointelegraph, cryptocurrency market analysis firm 10x Research said in a report that "Current on-chain data for the cryptocurrency market is closer to a bear market than a bull market..."
Analysis "XRP, Rising Wedge Pattern Captured...Possibility of Downtrend Reversal"
CoinDesk analyzed that a 'rising wedge' pattern was observed on XRP's chart, indicating that the upward momentum is weakening and a possible reversal into a downtrend is possible.
Analysis "BTC, -16.7% after US tariff announcement... Recovery slower than traditional assets"
CryptoQuant diagnosed that BTC is recovering slower than traditional assets, falling 16.7% since the Trump administration's tariff announcement.
ETH Spot ETF Net Outflow of 20.3 Billion Won...6 Consecutive Trading Days
According to Farside Investor, a total of $14.2 million (about 20.3 billion won) was withdrawn from the US Ethereum (ETH) spot ETF on the 15th (local time). This is the sixth consecutive trading day of net outflow.
Melania's Team Sold $14.06 Million in 30 Days
The estimated address of the US First Lady's meme coin Melania (MELANIA) team sold 20.5 million MELANIA (worth $14.06 million) over the past 30 days at an average price of $0.686, according to on-chain analyst EmberCN.
Coinone, GM Won Market Listing
Coinone announced on its official website that it will list Gomble (GM) on the KRW market at 19:30 on April 16.
Bitget, GM Spot Listing
Bitget just announced on its official website that it will list Gomble (GM) on the Innovation and GameFi Zone USDT spot market at 19:30 today (Korean time).
Bithumb, KERNEL KRW Market Listing
Bithumb announced on its official website that it will list Kernel DAO (KERNEL) on the KRW market at 16:00 (scheduled) on April 16.
Upbit Lists SHELL, DEEP BTC, and USDT Markets
Upbit announced on its official website that it will list My Shell (SHELL) and Deepbook (DEEP) on the BTC and USDT markets at 7:00 PM (scheduled) on April 16.
Bitget Onchain Lists 5 Types Including GROKCOIN
Bitget announced through its official channels that it has listed five cryptocurrencies on Bitget Onchain: GROKCOIN, drawify, Fur, HRT, and JOVIAL.
Upbit, WCT listing
Upbit announced on its official website that it will list Wallet Connect (WCT) on the KRW, BTC, and USDT markets at 6:00 PM (scheduled) on April 16.
Bithumb WCT listing
Bithumb announced that it will list WCT on the KRW market at 7 PM today.
Binance Lists AERGO Perpetual Futures
Binance announced on its official website that it will list AERGO/USDT perpetual futures on April 16th at 8:00 PM (KST). It supports up to 15x leverage.
Binance Lists INIT Perpetual Futures Premarket
Binance announced on its official website that it will list INIT/USDT perpetual futures on the premarket at 15:30 (KST) today. It supports up to 5x leverage.
Binance delists 5 spot trading pairs, including RAY/BNB
Binance announced on its official website that it will delist RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC spot trading pairs at 12:00 (KST) on April 18.
WCT Price Difference Widens Between Binance and OKX
According to Coinness Market Monitoring, the WCT price gap between Binance and OKX is widening. It is currently trading at $0.62 on Binance and $0.539 on OKX.
BTC $97,000 Above / Below
Pricing information was not provided separately.
24-hour cryptocurrency perpetual futures forced liquidation scale
BTC Liquidation Size: $54.68 million, Liquidation Ratio: Long 56.24%
ETH Liquidation Size: $38.8M, Liquidation Ratio: Long 73.18%
OM Liquidation Size: $17.92 million, Liquidation Ratio: Short 50.94%
Whales Sell 29K BTC in 7 Days
Since April 9, whales have sold more than 29,000 BTC, according to cryptocurrency analyst and trader Ali Martinez.
Analysis: "BTC Buying Trend Recovers...Possibility of a Bullish Turn"
Analysis has shown that the bullish momentum is returning as BTC buying power recovers. Cryptocurrency analyst Darkpost said, "The Binance taker buy-sell ratio indicator is currently at 1.008, entering the neutral zone..."
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