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AI and leading tech stocks continue to show strong momentum, Gate expands its global asset trading coverage capabilities

Recently, the technology sector of the US stock market has continued its structural strength, with AI and leading consumer electronics companies remaining the focus of capital attention. According to Gate market data, NVIDIA (NVDA) is currently priced at about $210.67, with a slight intraday pullback, but the demand for AI computing power and expectations for data center expansion remain core drivers in the medium to long term. In the derivatives market, according to CoinGlass data, NVDAX on the Gate platform reached a trading volume of $4.6 million in 24 hours, with open contracts totaling $3.42 million, both ranking first globally.As global user demand for traditional asset allocation such as US stocks continues to grow, Gate is continuously bridging the gap between cryptocurrency and traditional financial trading scenarios through a unified account system. Users can conveniently participate in trading mainstream global assets such as stocks, metals, foreign exchange, indices, and commodities through a single USDT account, further enhancing cross-market trading efficiency and capital usage flexibility. Gate has launched over 130 perpetual contract targets related to US stocks, as well as over 430 CFD contract targets, and continues to expand its diverse product lines including spot tokens, perpetual contracts, and on-chain assets, supporting 24/7 trading to provide users with a more flexible and efficient one-stop global asset trading experience.

CryptoQuant Analyst: Bitcoin has entered a risk-averse phase, and ETF demand momentum is far below last year's peak

CryptoQuant analyst Axel Adler stated that Bitcoin has lost its structural upward momentum amid a sharp deterioration in the macro environment, which is an important signal indicating that the market is currently more in a "Risk-off" phase. Until its on-chain "Impulse" indicator returns above the zero axis, every rebound of BTC still lacks confirmation.He pointed out that the recently released fourth part of "Decision Architecture for Bitcoin" focuses on building a macro framework based on the Dollar Index (DXY), 10-year U.S. Treasury yield, and VIX volatility index. The core idea is that not all macro fluctuations will disrupt on-chain structure, but when macro factors truly enter a "dominant mode," even if on-chain data is positive, the market may temporarily lose upward momentum.In addition, CryptoQuant has added a U.S. spot Bitcoin ETF dashboard this week, covering data such as weekly net inflows, cumulative flow, 30-day ETF Flow Momentum, changes in demand over the past four weeks, and fund distribution among various ETFs. Currently, the 30-day ETF momentum is only $362.8 million, while this indicator reached a peak of $13.21 billion in December 2024 and fell to a low of -$5.36 billion in November 2025.Adler emphasized that the Coinbase Premium Index remains an important indicator for observing U.S. spot demand: when this index consistently stays above zero, it indicates that U.S. buying is still supporting the market; if it turns negative, even if BTC rises, its movement may lack genuine support from U.S. demand.

Gate releases the thirteenth anniversary special edition of "Behind Gate: Dr. Han," focusing on important growth moments of the platform

The globally leading cryptocurrency trading platform Gate has released the special edition "Behind Gate: Dr. Han" for its thirteenth anniversary, presenting the multi-day itinerary of founder and CEO Dr. Han in Hong Kong in a documentary format. The content covers key moments such as team activities, client meetings, media communications, the Gate 13th anniversary blue carpet ceremony, and speeches at the University of Hong Kong, focusing on his high-intensity work pace and external communication dynamics.The video also presents Dr. Han's thoughts on iWeb3, as well as his ongoing viewpoints in public speeches and media communications, covering directions such as intelligent infrastructure and industry development trends. It is mentioned in the film that the 13th anniversary is seen as a new starting point for development, and based on long-term accumulation, the platform has completed phased preparations in technology, products, and global layout.Overall, this issue continues the series' documentary style, reflecting Gate's current accelerated pace in business advancement and industry communication from multiple aspects, including team collaboration, external communication, and brand activities. As the platform enters its 13th anniversary and its global user base surpasses 53 million, its ongoing progress in compliance and global expansion further releases clear signals for the next stage of growth.

Analysis: Bitcoin is still in a strong expansion range, with multiple on-chain and funding indicators confirming a comprehensive bullish momentum

Despite Bitcoin's pullback of about 2.5% since reaching a peak of $82,800, market analysts generally believe that its overall upward structure remains intact and has re-entered the "full bull market momentum" range. Swiss wealth management firm Swissblock pointed out that Bitcoin has re-entered the price expansion range, the Bull Market Support Band has turned into support, and the 21-week EMA has crossed above the 20-week SMA, with the trend structure turning bullish again. Currently, Bitcoin's price is consolidating around $80,000, where the "real market average" and short-term holding costs constitute key support, while the realized price around $85,000 forms an upper pressure zone.Whale and institutional-led spot buying are strengthening, while the proportion of derivative speculation is decreasing. Similar structures historically correspond to sustainable upward trends. If this indicator continues to maintain positive values, it may further drive Bitcoin to continue its upward cycle. In terms of liquidity, the Stablecoin Supply Ratio (SSR) has rebounded from historical lows to a key range, indicating that stablecoin funds are flowing back into the market. This signal has corresponded to phase bottom rebounds in mid-2021, 2022, and mid-2023. Meanwhile, the Binance stablecoin supply ratio oscillation indicator (SSR Oscillator) has risen to 2.8, reaching a 12-month high, showing a significant increase in stablecoin purchasing power.On-chain activity is also strengthening. Bitcoin's daily transaction volume has increased by 116%, reaching 831,400 transactions, a 20-month high; the number of active addresses has increased by 7.1% to 707,700, and total transaction fees have grown by 37% to $279,300, indicating a significant increase in network usage activity. In terms of funding structure, the 90-day spot Taker CVD has turned into a sustained positive value, indicating that spot buying is dominating the market. Glassnode data shows that this indicator has further risen to $62 million compared to a week ago, reflecting an increase in market proactive buying sentiment.In summary, the price structure, liquidity indicators, and on-chain demand all indicate that Bitcoin is currently still in a "strong trend expansion phase," and the bull market momentum has not yet ended.

Arthur Hayes: The Bitcoin bull market started at the end of February, and if it breaks through $90,000, the momentum will accelerate

BitMEX co-founder Arthur Hayes stated in his latest blog post that the Bitcoin bull market truly began with the outbreak of war between the U.S. and Iran on February 28. AI capital expenditures, war spending, and countries' investments in physical infrastructure to ensure supply chain security will drive the reckless expansion of fiat credit, and Bitcoin will continue to benefit.Hayes pointed out that Bitcoin has rebounded from a low of $60,000 earlier this year, reiterating that breaking through the previous high of $126,000 is "inevitable." Hayes believes that the scale of this round of AI capital expenditures is unprecedented, with central banks like the Federal Reserve printing more money. The declining trust in dollar assets will shift towards investments in physical infrastructure and commodity reserves, further driving fiat expansion.He expects that once Bitcoin breaks through $90,000, the momentum will accelerate, and he will raise the risk exposure of Maelstrom's portfolio to the maximum. Besides Hyperliquid and Zcash, Hayes' next most favored altcoin is NEAR, which he will explain in subsequent articles regarding how its privacy narrative and Intent architecture create positive cash flow for the protocol. He concluded by stating that while it is currently a bull market, there will eventually be a time to sell, but that time is not now.

Bitget supports the growth and development of women in Web3 in emerging markets like the Philippines through the Blockchain4Her program

Bitget, through the Blockchain4Her program, continues to promote the popularization of Web3 women's education and community building in emerging markets such as the Philippines. This program focuses on providing a systematic blockchain knowledge framework for women and youth, helping them participate in the long-term development of Web3 with a solid understanding and gain more substantial opportunities within the industry.To achieve this goal, Blockchain4Her has supported several grassroots initiatives led by local female advocates. These include: transforming blockchain technology into practical development opportunities for underdeveloped communities; developing exclusive learning materials titled "Young Learners' Encyclopedia" for youth; and building a learning community focused on risk control and trading discipline. These initiatives not only help local beginners avoid misinformation and establish a rational understanding of Web3 but also align closely with Bitget's partnership with UNICEF in promoting digital skills and blockchain education globally.Bitget CEO and Blockchain4Her founder Gracy Chen stated, "Our original intention is to provide a more equal and open environment for women to explore Web3. Seeing more and more outstanding women engaging in community building shows us how true industry inclusivity takes root and flourishes from the grassroots."

Bitcoin failed to break through the resistance level of $80,000, with on-chain indicators showing a mix of bullish momentum and cautious sentiment

Bitcoin fell below $76,000 after failing to break through $80,000, with uncertainties surrounding the reopening of the Strait of Hormuz and the macroeconomic situation unsettling the market.Meanwhile, technical indicators and on-chain data provide mixed signals regarding whether BTC can sustain this round of rebound. Bitcoin recorded a 30% recovery after hitting a low below $60,000 on February 6, but it stalled under selling pressure in the supply zone between $78,000 and $80,000. This range also coincides with the current 20-week exponential moving average (EMA), reinforcing the significance of this resistance level.Michael van de Poppe, founder of MN Capital, stated that the current pullback is "typical behavior" ahead of the FOMC meeting. He added, "I believe we are still in a phase of strong market conditions." On the support side, Bitcoin has tested the support level at $75,500, which also serves as the lower boundary of the 20-day EMA, 100-day EMA, and an upward channel.Glassnode's UTXO Realized Price Distribution (URPD) data shows that direct resistance is around $78,000, where investors hold 335,650 BTC; the average purchase price of about 298,560 BTC is $75,500, forming a key support level.On the on-chain front, Glassnode data indicates that the Bitcoin market exhibits "a coexistence of bullish momentum and cautious sentiment." The spot CVD (Cumulative Volume Delta) rose from $18.3 million to $54.8 million, with an increase of nearly 200% over the past week, reflecting strong bullish sentiment among market participants. However, spot trading volume decreased by 13.8% from $6.95 billion a week ago to $5.99 billion, "indicating a reduction in market activity." During the same period, the number of daily active addresses fell by 1.6%, showing a more subdued network participation.

Strategy $255 million leads but momentum sharply declines: Increased holdings reduced by 90%, several global reserve companies slightly follow up with purchases

According to SoSoValue data, as of 8 AM Eastern Time on April 27, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $260 million, a decrease of 89.8% compared to last week.Strategy (formerly MicroStrategy) announced an investment of $255 million (a decrease of 90% compared to last week) to purchase 3,273 Bitcoins at a price of $77,906, bringing the total holdings to 818,334 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, three other companies purchased Bitcoin last week. The Japanese fashion brand ANAP invested $770,000 on April 21 to increase its holdings by 9.1785 Bitcoins at a price of $84,239.7, bringing the total holdings to 1,431.9716 Bitcoins; the UK Bitcoin company The Smarter Web Company announced an investment of $3.39 million on April 24 to purchase 44 Bitcoins at a price of $77,071, bringing the total holdings to 2,750 Bitcoins; the French Bitcoin company announced an investment of $460,000 on April 27 to purchase 6 Bitcoins at a price of $77,151, bringing the total holdings to 2,943 Bitcoins.Metaplanet has issued zero-interest bonds worth 8 billion yen (approximately $50 million) for the purpose of purchasing Bitcoin.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,084,909 Bitcoins, an increase of 0.3% compared to last week, with a current market value of approximately $8.434 billion, accounting for 5.4% of the circulating market value of Bitcoin.
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