1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -5.77%
ETH: -10.01%
SOL: -6.56%
XRP: -8.25%
DOGE: -8.77%
SUI: -8.51%
PEPE: -9.08%
ADA: -8.43%
BNB: -3.47%
TRX: -1.52%
24 H increase list (data source: OKX):
DORA: +36.88%
FORTH: +35.97%
CITY: +12.28%
AERGO: +11.17%
NEO: +9.51%
GAS: +6.82%
POLYDOGE: +5.11%
CORE: +3.42%
MEMEFI: + 2.5%
GALFT: +1.13%
Headlines
BTC falls below 75,000 USDT again
Odaily Planet Daily reported that OKX market data showed that BTC fell below 75,000 USDT again, reaching a low of 74,627.5 USDT.
Musks direct appeal to Trump himself to withdraw the new tariffs has not yet been effective
When Elon Musk criticized the tough tariff plan pushed by one of President Trumps main White House advisers in a series of posts on social media this past weekend, he actually bypassed the official and appealed directly to Trump himself. According to two people familiar with the matter (they asked to remain anonymous because of private conversations), Musks intervention has not yet been effective. However, Trump has also expressed an open attitude towards negotiations on some policy content.
At the same time, Musk uploaded a video of the late conservative economist Milton Friedman on the X platform, in which Friedman emphasized the benefits of international trade cooperation, calling it the impersonal operation of prices, and used an ordinary wooden pencil as an example to analyze the global sources of its various raw materials. (Washington Post)
Linea Product Manager: After the market turns from bearish to bullish, TGE will
Odaily Planet Daily reported that Declan Fox, product manager of Linea, posted on the X platform that TGE will be conducted after the market turns from bearish to bullish.
Industry News
U.S. Treasury Secretary Bensont denies urging Trump to change message on tariffs
Odaily Planet Daily News: U.S. Treasury Secretary Bessant said the Trump administration is open to reaching an agreement on reducing tariffs and denied that the market sell-off caused the White House to change its approach. There were reports that Bessant visited Trump in Florida over the weekend and urged him to change his message about tariffs, which Bessant denied. I would say that the negotiations were the result of a large number of calls coming in to negotiate, he said. This has nothing to do with the market. Bessant said: I think youll see some countries with huge trade deficits come forward soon. If they come to the negotiating table with solid proposals, I think we can end up with some good deals. Bessant added that even if an agreement is reached, some tariffs may remain unchanged. (Jinshi)
Odaily Planet Daily News According to Cboe Digital, the crypto arm of the Chicago Board Options Exchange (Cboe), it plans to launch a new Bitcoin futures product on April 28, subject to regulatory approval. The futures product launched in cooperation with FTSE Russell will be settled on the last working day of each month. The futures contract is cash-settled and is based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin Index.
If approved by regulators, the futures will begin trading on April 28. (CoinDesk)
CBOE Files Form 19b-4 for Canary SUI ETF
Odaily Planet Daily News According to the CBOE website, Cboe BZX, a subsidiary of the Chicago Board Options Exchange (CBOE), has submitted Form 19 b-4 for the SUI ETF application to the U.S. Securities and Exchange Commission on behalf of Canary.
Galaxy Digital receives SEC approval to relocate to Delaware, expected to be listed on Nasdaq in May
Odaily Planet Daily News Crypto financial services company Galaxy Digital announced that the U.S. Securities and Exchange Commission (SEC) has approved its S-4 registration statement, allowing the company to relocate from the Cayman Islands to Delaware. The company said it expects to be listed on the Nasdaq in May with the stock code GLXY.
The company will hold a special shareholders meeting on May 9 to approve the reorganization. If it is approved, the relocation is expected to be completed in mid-May and the Nasdaq listing will be launched at the same time.
Galaxy Digital is currently listed on the Toronto Stock Exchange and the restructuring still requires approval from the exchange.
In addition, Galaxy recently agreed to pay a $200 million settlement to the New York Attorney Generals Office to resolve an investigation into alleged misconduct in its promotion of Luna coin. (The Block)
Project News
According to the official announcement, based on the voting and review results, Binance decided to stop trading and delist the following currencies at 03:00 (UTC) on April 16, 2025: BadgerDAO (BADGER), Balancer (BAL), BetaFinance (BETA), CreamFinance (CREAM), Cortex (CTXC), Aelf (ELF), Firo (FIRO), KavaLend (HARD), NULS (NULS), Prosper (PROS), Status (SNT), TROY (TROY), UniLend (UFT), VIDTDAO (VIDT). (This newsletter is generated by AI)
Odaily Planet Daily News: GMGN co-founder Haze posted on the X platform, The platform has been under intermittent traffic attacks recently, with the goal of bringing down our website. But we have always withstood it. We have not issued a notice every time.
At around 8 pm this evening, a large amount of traffic suddenly poured in, causing the website to pop up a human-machine verification window. The website did not crash, but it affected the user experience. GMGN also opened a crawler IP whitelist for many community users (some users who can do data analysis, small products, and small businesses by themselves). Basically, it was opened with zero conditions, and even if there was a condition, we basically did not review it. So there are still many crawlers of community users on our website. In the future, we plan to strengthen traffic countermeasures to deal with traffic attack incidents and ensure user experience. We also plan to start stopping some crawler IP whitelists.
Curve founder continues to cash out at high levels, having sold more than 3 million CRV
According to Odaily Planet Daily, Spot On Chain monitoring, as the market rebounded, Curve Finance founder Michael Egorov sold another 236,457 CRVs, cashing in about $108,000. Since March 24, he has sold a total of about 3.083 million CRVs, cashing in $1.62 million, with an average selling price of about $0.527, and has chosen to sell at local highs many times.
KernelDAO token KERNEL will be launched on April 14th TGE
Odaily Planet Daily News: According to official news, KernelDAO announced that the token KERNEL will conduct TGE on April 14.
Odaily Planet Daily News PancakeSwap shared the CAKE Token Economics 3.0 discussion proposal on the X platform. The main contents include:
1. Achieve annual deflation of about 4% (reducing CAKE supply by 20% by 2030);
2. Cancel CAKE staking, veCAKE, Gauge Voting and revenue sharing mechanisms to achieve true CAKE ownership; 3. Reduce CAKE emissions (daily emissions from approximately 40,000 CAKE to 22,500 CAKE to support deflation) and build a more efficient ecosystem.
Wayfinder Community and Wallet Quests End Tonight
Odaily Planet Daily News Wayfinder announced that its current community and wallet tasks will end at midnight Eastern Time tonight to promote the evolution of the task, and early participants need to complete the task before the deadline. It is worth noting that if the user deposits the chain native token (such as SOL, ETH), even if its US dollar exchange value has now fallen below the minimum requirement of US$10, as long as the required amount is deposited before the end of the task tonight and held until the token generation event (TGE), the task will still be recorded as completed. Kaitos Yappers task will continue until April 13.
Regulatory policies
Odaily Planet Daily News The U.S. Department of Justice notified employees on Monday evening that the agency is disbanding a unit dedicated to cryptocurrency-related investigations. In a four-page memo reviewed by Fortune, U.S. Deputy Attorney General Todd Blanche announced the decision, saying: The Department of Justice is not a digital asset regulator. However, the previous administration used the Department of Justice to implement a strategy of reckless regulation through prosecution. Blanche is the second-ranking official at the Department of Justice and Trumps defense attorney during his 2024 criminal trial. He wrote that the National Cryptocurrency Enforcement Unit (NCET) was immediately disbanded as part of the Department of Justices efforts to comply with Trumps January executive order on digital assets, which was intended to establish regulatory clarity for the industry. As part of Mondays memo, Blanche instructed Department of Justice employees to focus on prosecuting those who harm digital asset investors rather than pursuing cases against cryptocurrency exchanges, mixers like Tornado Cash, and offline wallets.
The U.S. Senate will hold a procedural vote on SEC Chairman nominee Paul Atkins tomorrow
Odaily Planet Daily News According to Eleanor Terrett, a crypto journalist, the U.S. Senate has scheduled a procedural vote on cloture (limit debate) for SEC Chairman nominee Paul Atkins at 11:30 a.m. tomorrow (local time). If the procedural vote passes, a formal confirmation vote will be held as early as 7:00 p.m. that evening.
Investment and Financing
Market News: a16z seeks to raise $20 billion for its largest fund
Odaily Planet Daily reported that according to market news: a16z is seeking to raise US$20 billion for its largest fund.
Ripple acquires crypto-friendly broker Hidden Road for $1.25 billion
Odaily Planet Daily News Ripple acquires cryptocurrency-friendly broker Hidden Road for $1.25 billion to expand its services for institutional investors. Ripple CEO Brad Garlinghouse said the acquisition represents the efforts of Ripple, the company behind XRP, to integrate a wider range of services to attract large institutions. Ripple needs to ensure that we have the right infrastructure to attract and expand to a larger group of large institutions. (Fortune)
Crypto dining app Blackbird completes $50 million Series B financing, led by Spark Capital
Odaily Planet Daily News Crypto catering app Blackbird has completed a $50 million Series B financing round, led by Spark Capital, with participation from Coinbase, a16z crypto, Union Square Ventures and Amex Ventures. The companys founder Ben Leventhal said he raised the money in the fourth quarter of 2024, but only recently disclosed it, and he refused to disclose the implied valuation of the round. Since 2022, Blackbird has raised a total of $85 million. (Fortune)
Odaily Planet Daily News: AI-driven security platform Octane announced the completion of a $6.75 million seed round of financing, led by Archetype and Winklevoss Capital, with participation from Gemini Frontier Fund, the venture capital arm of cryptocurrency exchange Gemini, Circle, Duke Capital Partners, and a group of strategic angel investors including former Coinbase CTO Balaji Srinivasan. The platform already has 15 corporate clients, including stablecoin USDC issuer Circle and cross-chain trading tool Decent.xyz. Gemini is also exploring the integration of Octanes technology. (Forbes)
Odaily Planet Daily News: Recently, the physical asset on-chain protocol WAT (WorldAssets Protocol) announced the completion of its first round of financing of US$6 million. Investors include well-known North American institutions Type Capital, Eniac Ventures, Khosla Ventures, etc. This round of funds will focus on optimizing the protocol AMM liquidity support system and promoting the construction of the RWAFi (RWA+DeFi) compound income engine, further consolidating its technical advantages in the RWA (Real World Assets) track.
DecentralGPT completes $3 million financing, led by AGICrypto Capital
Odaily Planet Daily News: Web3 AI project DecentralGPT announced the completion of angel round and A round strategic financing of US$3 million in assets, led by AGICrypto Capital, with participation from Cherry Ventures, BTR Capital, DePINX, and Aethir.
DecentralGPT is a decentralized LLM infrastructure. Through a distributed AI reasoning network, it realizes the decentralized deployment of multiple open source large models including DeepSeek R 1 and Llama 4.0. It aims to break the traditional AI monopoly and realize the next generation of AGI development concept of security and verifiability, data privacy, democratized governance, and full open source code.
According to official data, since the launch of the mainnet in June 2024, DecentralGPT has accumulated more than 2 million registered users and the number of token holding addresses has reached 900,000.
Odaily Planet Daily News Crypto payment application Lyzi has completed a seed round of financing of approximately US$1.4 million, with participation from Astek founder Jean-Luc Bernard and Dfns founder Christopher Grilhault des Fontaines. Lyzi is built on the Tezos layer 1 blockchain, allowing consumers to use cryptocurrencies for daily payments in retail and e-commerce environments, and merchants to receive payments in cryptocurrencies and deposit fiat currencies directly into their bank accounts. (CoinDesk)
Odaily Planet Daily News: The decentralized publishing and reading platform Libraro announced today that it has received additional investment from Ayre Ventures. Since the initial seed funding in October 2024, Ayre Ventures total investment in Libraro has reached 1 million pounds (about 1.28 million US dollars). The Libraro platform mainly uses blockchain technology to protect author identity, prevent copyright infringement, and increase transparency of ownership and distribution rights. The platform deepens the connection between readers, authors, and publishers through the Web3 loyalty program. (Prnewswire)
Plume announces investment from Apollo Funds to advance on-chain RWAfi
Odaily Planet Daily News: Plume, a fully integrated modular blockchain built specifically for RWA, announced that it has received strategic investment from alternative asset management company Apollo Funds. The specific amount has not been disclosed. Plume is building an EVM-compatible environment and full-stack infrastructure to transform traditional financial instruments, carbon credits, GPUs, collectibles and other alternative assets into composable digital assets and integrate practicality into its RWAfi ecosystem. The new funds are intended to accelerate the development of its modular blockchain infrastructure, aiming to provide RWA on-chain services for cryptocurrency native companies, traditional financial institutions, asset issuers, etc. (Blockworks)
Character*Voice
Wall Street tycoon Bill Ackman calls for a 30, 60 or 90-day pause before tariffs take effect
Odaily Planet Daily News: Wall Street tycoon Bill Ackman called for a 30-day, 60-day or 90-day pause before the tariffs take effect tomorrow. He previously posted on social media: Trump simply does not have enough time to reach an agreement before the tariffs take effect. So I would not be surprised if I woke up on Monday and heard the president announce a delay in the implementation of tariffs to allow time to reach an agreement. (Jinshi)
Odaily Planet Daily News On April 8, at the Web3 Scholars Summit 2025 in Hong Kong, Ethereum founder Vitalik Buterin gave a speech. He said that OP and ARB need a week to confirm the withdrawal status. Although users can use instant bridges, it is very expensive, so we need to speed up the L2 confirmation time and a more integrated and unified Ethereum system. How to achieve this goal? The first step is the ZK+TEE+OP three-choice-two design, which requires a 30-day upgrade window period to implement; the second step is to use L1S LOAD, a section of opcodes that supports L2 to asynchronously read L1 without excessive advance; the third step is proof integration. Instead of confirming the status on the chain separately, it is better for all validators to submit proofs to an integrator; the fourth step is low-latency validators.
Ethereums long-term goal is to achieve native synchronous communication between L1 and L2 in around 12 seconds.
Odaily Planet Daily News: Trader Eugene wrote that the introduction of global trade tariffs marks a shift in the global order that has not been seen in nearly 50 years, from free trade to protectionism, which will put long-term pressure on global risk assets. He believes that the possibility of Trump completely withdrawing the tariff plan is extremely low.
Eugene pointed out that the most worrying thing in the crypto field at present is the structural decline in the number of developers. Compared with the previous cycle, there is not only a lack of major progress, but also a bleaker future outlook. Previously, the market had high hopes for ETFs and regulatory expectations, but the reality did not meet expectations. He said that operations in the crypto market will be reduced in the coming weeks and months, and it may be more meaningful to explore new areas at this stage.
However, Eugene remains optimistic about the long-term value and global acceptance of Bitcoin, and believes that it is not a fantasy for BTC to rise to 1 million US dollars in 2035.
