Bitcoin’s market share rises to a nearly four-year high after more than ushering in a subsequent cottage poo

BlockBeats News – Today, April 22, Bitcoin’s market share (BTC.D) pulled up to 64.61%, a new high since February 2021, according to TradingView. Bitcoin’s high market share is a sign that the cottage market is quieting down, but it’s also a sign that a bottoming out is on the way. According to previous historical data,…

10x Research: Bitcoin’s Rise to $87,000 May Be Driven by a Combination of Falling Dollar Index and Rising Gold

On April 21, Markus Thielen, Head of Research at 10x Research, said, “Bitcoin’s rise to $87,000 appears to have been driven by a combination of a sharp decline in the U.S. Dollar Index (down 0.7% against the euro) and a 2% rise in gold, both of which were triggered by news of Donald Trump’s push…

Trader Eugene: Long ETH for the First Time Since January, Market Has a Lot of Inertial Ether Shorts

On April 20, top trader Eugene Ng Ah Sio posted on his personal channel that he was “long ETH for the first time since the beginning of January, and from a technical analysis point of view, ETH has been showing a solid and slow uptrend since the beginning of April, with a clearer trend. It…

MELANIA programmers sold another 7.643 million MELANIA in the past 3 days

On April 19th, according to on-chain data analysts, another 2.95 million MELANIA were sold for 9,009 SOLs ($1.2 million) seven hours ago by the project in the form of unilateral liquidity additions. Over the past three days, the MELANIA programmers have continued to transfer 7.643 million MELANIA (~$3.21 million) from liquidity to community addresses, and…

Synthetix stablecoin sUSD de-anchoring intensifies to $0.7, down 13.9% in 24 hours

On April 18th, the Synthetix USD stablecoin sUSD became more unanchored, dropping 13.9% in 24 hours to $0.7038, with its market capitalization dropping to $22.96 million, according to ticker information. Previously, Synthetix founder Kain said that the sUSD anchoring fix was in transition, and that he had sold 90% of his ETH and added to…

Lybra Finance: 63,000 peUSD destroyed and corresponding number of eUSD unlocked

On April 17th, Lybra Finance, the LSD stablecoin protocol, posted that in order to solve the eUSD liquidity problem, it has destroyed 63,000 peUSDs and unlocked a corresponding number of eUSDs through a configuration contract. unlocked eUSDs are now being sold on CowSwap at a fixed price of $1. The difference in price will be…

QCP: Bitcoin Not in Safe-Haven Favor, Participants Remain Defensive Until Clearer Situation Emerges

On April 16, QCP published its Daily Market Watch stating that the US demonstrated its strength and strategic brinkmanship by implementing shock and awe tactics through exaggerated tariff numbers. However, just as markets were preparing for the shock, the US government offered tariff exemptions and ‘invited’ China back to the negotiating table. Why the sudden…

Tether Strategically Invests in Fizen to Enhance Global Stablecoin Use and Self-Custody Solutions

On April 15, Tether announced a strategic investment in Fizen Limited, a fintech company focused on self-hosted crypto wallets and digital payments. The investment underscores Tether’s commitment to supporting innovative solutions that enhance financial accessibility and security in the digital asset ecosystem. Fizen provides advanced payment technology that facilitates seamless stablecoin transactions and makes digital…

Pendle: PT tokens will soon go live on Aave after confirmation via AIP vote

On April 14, Pendle’s official post on social media said that its PT token will soon go live on Aave, and the next step is the final confirmation through AIP voting. The ultimate goal of DeFi, the official said, is to realize a seamless integration with traditional finance – both serving ordinary users and empowering…

Trump and his family penetrate the crypto industry on all fronts

On April 13, Bloomberg reported that President Donald Trump and his family are penetrating the crypto industry on all fronts: from digital collectibles NFTs to decentralized financial projects, from a planned stablecoin to a bitcoin-mining operation, and including Meme Coin, which is named after the presidential couple. According to estimates based on publicly available data,…