wave

Liquid Capital founder Jack Yi stated on the X platform: "In the past, the wave of crypto VC and project disappearances had a core reason, which is that the financing funds were mostly consumed on: maintaining teams to develop useless web3 products. The biggest misconception is benchmarking against web2 products. Essentially, web3 is a financial industry and does not need to replicate web2 products. The most successful companies in the past crypto industry have all been financial products, from stablecoins and exchanges to successful companies in payments.Now that the AI era has arrived, first, there is no need for large financing to recruit teams, and second, AI + finance presents new opportunities. We believe that excellent founders with a few elites can achieve top-tier companies, which is currently the biggest opportunity in primary investment."

Gate's "Racing the Future" outdoor crossover exhibition held at K11 MUSEA's waterfront promenade in Victoria Harbour, Hong Kong, is gaining momentum, with media day and public opening generating significant attention. On the first day of the media day, hundreds of stars, KOLs, and media attended, with the highlight being the unveiling of a giant driver helmet for Max Verstappen, sparking a wave of interest both on-site and online.After opening to the public on the 18th, the number of visitors significantly increased, with over ten thousand attendees on the first day. A large crowd continued to gather along the Victoria Harbour, creating a vibrant exhibition atmosphere. The exhibition prominently features the F1 Red Bull Racing Team's brand new car and core equipment for 2026, and through immersive interactive experiences, it visually presents the engineering of racing and speed culture, attracting many visitors to stop, participate, and take photos.It is reported that Gate will also hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the F1 Red Bull Racing Team's display car will be unveiled along with brand collaboration showcases. That evening, Gate will host a high-end anniversary dinner at the Rosewood Hong Kong, with platform founder and CEO Dr. Han in attendance. Over 300 representatives from top industry institutions and partners are expected to be invited for networking.Gate Live will start the live broadcast of the blue carpet ceremony on April 20 at 17:30 (UTC+8), and will simultaneously broadcast the Gate 13 anniversary high-end dinner event at 20:00 (UTC+8), inviting several industry guests to participate in discussions and interactions, providing frontline perspectives and the latest insights.

According to crypto analyst Ai Yi @ai_9684xtpa, a certain address accumulated 4,827 ETH at approximately $2,047.53 from April 4 to April 5, and sold it on April 7 at approximately $2,100.94.This batch of ETH was transferred to Binance and exchanged for USDT in the past 3 hours, with a transaction amount of about $10.14 million, realizing a profit of approximately $256,000 from this swing trade.

According to Cointelegraph, Riot Platforms' wallet transferred about 500 bitcoins on Wednesday, which may belong to the company's selling activities. As of now, the company has not publicly commented on this matter. Analysts believe this move may further exacerbate the selling wave of publicly listed bitcoin mining companies.Last week, another bitcoin mining company, MARA Holdings, disclosed the sale of approximately $1.1 billion in bitcoin to repurchase convertible bonds at a discount. Recently, several publicly listed bitcoin mining companies have cumulatively sold over 15,000 bitcoins to balance operational and investment needs. However, the trend of bitcoin mining companies selling off may not be a universal phenomenon, as bitcoin treasury companies, including Metaplanet, are still actively increasing their holdings.

Despite an increase in institutional buying, Bitcoin demand remains under pressure. As of the end of last month, apparent demand (measuring the extent to which demand exceeds or falls short of newly mined Bitcoin) was approximately negative 63,000 coins. Although ETF buying strength has increased during the same period, Strategy Inc. continues to accumulate. The report indicates that retail and other market participants' selling has exceeded institutional incremental buying, and demand has been continuously contracting since late November 2025, with the overall market still in a distribution phase.The whale group that accumulated about 200,000 Bitcoins during the 2024 bull market began large-scale distribution in mid-2025, with the selling pace accelerating in the fourth quarter of 2025. The buying speed of medium-sized investors is also slowing down. Bitcoin rose 2.2% in March, ending a five-month decline, but the current price is about $68,000, down approximately 45% from the peak of $126,000 in early October.In the U.S. market, Coinbase's premium has turned negative again, indicating weakened buying from U.S. investors. CryptoQuant states that if geopolitical tensions ease, Bitcoin prices may rebound in the short term.

According to the Bitfinex analysis report, Bitcoin has shown unexpected resilience recently. The current derivatives market is entering a "deleveraging wave," with speculative bubbles almost completely dissipated. The Leverage Reset Index (LRI) has fallen to a multi-year low of 0.32, indicating that price discovery is dominated by spot demand rather than derivatives leverage.Additionally, retail investors holding less than 10 BTC have continued to net sell over the past 30 days, while whales holding more than 1,000 BTC have increased their holdings by about 8% since the peak in October last year. The implied volatility of at-the-money Bitcoin options is around 47%, down from 100% during the 2022 bear market. Short-term options are slightly more expensive than long-term options, indicating that the market is pricing in recent uncertainties, but the long-term outlook remains relatively constructive.Overall, the Bitcoin market is transitioning from a leverage-driven correction to a high-confidence mean reversion phase dominated by macro liquidity, with prices potentially forming a stable rebound supported by spot demand and institutional accumulation.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a large trader has taken action again: 3 hours ago, he withdrew 6,898.98 ETH from OKX, worth 13.58 million USD, at a withdrawal price of 1,968.58 USD; his last swing buy point was 2,056 USD, with a suspected sell point of 2,083 USD, holding the position for a total of 3 days.

According to official news, Binance Alpha has opened the second wave of Fabric Protocol (ROBO) airdrop claims.Users holding at least 240 Binance Alpha points can claim 600 ROBO tokens airdrop on the Alpha event page, on a first-come, first-served basis. If the rewards are not fully distributed, the points threshold will automatically decrease by 5 points every five minutes.Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise it will be considered a forfeiture of the airdrop.

Crypto journalist Eleanor Terrett posted on social media that Kraken, the second-largest crypto exchange in the U.S., has just accomplished something no other crypto company has done before—obtaining key access qualifications from the Federal Reserve.Kraken's banking division, Kraken Financial, has received approval from the Kansas City Fed to open a master account with the Federal Reserve. This marks the first time a native crypto company has gained (albeit with limited permissions) direct access to the Federal Reserve's payment system.This approval comes five and a half years after Kraken submitted its application to the Kansas City Fed in October 2020. The account allows Kraken to directly access the Federal Reserve's payment system, but does not include the right to use the Fed's lending tools. The company can hold reserves and settle with central bank funds, but cannot issue loans, use the discount window, or operate as a traditional commercial bank.According to sources, Kraken's approval is seen as a pilot project to test this new model. This decision is historically significant for the crypto industry, which has long been excluded from the traditional banking system, and indicates a shift in the Federal Reserve's stance. This move could trigger a wave of applications from other crypto companies seeking master accounts with the Federal Reserve. Custodia Bank, Anchorage, and Ripple's U.S. banking partner have all applied for master accounts.

According to Jin Ten, U.S. President Trump stated regarding the Iranian airstrike actions, "We haven't started hitting them hard yet. The real wave is yet to come. The real wave of strikes will be coming soon."Trump also stated, "If necessary, we do not rule out the possibility of U.S. troops being stationed in Iran."

Binance CEO He Yi retweeted JPMorgan CEO Jamie Dimon's view that "the market may have short-term corrections, but the trend is positive," and stated, "The future and the storm have arrived. The bigger the waves, the more valuable the fish?"According to his retweeted post, JPMorgan CEO Jamie Dimon stated in a television interview: Blockchain is real and becoming increasingly effective, and cryptocurrencies are better than the existing financial system! The "experimental" phase in the crypto space is over, and while the market may have short-term corrections, the trend is positive.

The second wave of Everlyn AI (LYN) airdrop on Binance Alpha is now open. Users holding at least 256 Binance Alpha points can claim the token airdrop. If the rewards are not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes.Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours, otherwise it will be considered as a forfeiture of the claim.

According to HyperInsight monitoring, the band whale has restarted its long position on BTC, currently going long on 58.12 BTC with 3x leverage, at an average entry price of $67,908.Previously reported, this whale closed its long position on BTC the day before, with a daily profit of approximately $1 million.

According to on-chain analyst @ai_9684xtpa, a certain whale has lost 7 out of 8 swing trades. The address 0x806...904aa chased the ETH rebound 10 hours ago, accumulating 2188.12 ETH (4.497 million USD) at a cost of 2055.36 USD;In the past six months, he has made a total of 8 swings, with a cumulative loss of 1.261 million USD and a win rate of only 12.5%. However, he may be supported by two successful ambushes from April to August last year: buying at 1548.24 USD and selling at 2371.98 USD, buying at 2406.75 USD and selling at 4300.36 USD, earning 6.399 million USD, which provides a solid profit cushion.