1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +0.55%
ETH: -0.66%
SOL: +4.08%
XRP: -0.39%
OM: -13.06%
BNB: +0.55%
WCT: +41.83%
SUI: -1.86%
DOGE: +0.37%
ADA: -0.19%
24H increase list (data source: OKX):
AIDOGE: +170.98%
WCT: +43.01%
OL: +36.74%
CORE: +19.34%
MILO: +16.62%
SWFTC: +15.05%
SAMO: +12.66%
RAY: +11.81%
POLYDOGE: +11.66%
MDT: +11.65%
2. 24H hot search currencies
WCT: A wallet project, which was launched on Korean exchanges Upbit and Bithumb yesterday;
OM: RWA block project.
Headlines
Feds Powell: Fed will not be influenced by political pressure
Fed Chairman Powell said the Fed will not be influenced by political pressure. The independence of the Fed is granted by law. The independence of the Fed has gained broad support among all parties. (Jinshi)
Humanity Protocol founder: TGE is coming, token H is coming
Terence Kwok, founder and CEO of Humanity Protocol, said in a post on the X platform, “Over the past few months, we have been focusing on rigorous development work and are now entering the next stage. Token H is the economic engine for verifying the network, aligning the incentives of all parties in the ecosystem to achieve the long-term sustainability of Humanity. H’s mission is to collaboratively promote the operation of open identity infrastructure at scale: verification, authentication, confirmation, and management. TGE is coming, and token H is coming.”
BNB Completes 31st Quarterly Token Burn, Equivalent to $916 Million
The BNB Foundation announced the successful completion of the 31st quarterly BNB token burn, which destroyed a total of 1,579,207.72 BNB, equivalent to approximately $916 million. After this burn, the remaining number of BNB to be destroyed is 40,886,572.43 , and the total supply is 139,311,899.514 .
Powell: Dont expect the Fed to rescue the market, Trump is changing every day
Federal Reserve Chairman Jerome Powell said on Wednesday that market expectations that the Fed would intervene to calm volatility may be misplaced. My answer is no, but Ill explain, Fed Chairman Jerome Powell said when asked if the Fed would intervene in response to the sharp drop in the stock market. I think the market is digesting whats going on, the market is dealing with a lot of uncertainty, and that means volatility, Powell said while attending a conference in Chicago. Powell said it was understandable that the market would have difficulty given that U.S. President Trumps tariff regime is undergoing a big change. He also explained that it is difficult to know in real time what is causing trouble. Ive had a lot of experience with major market fluctuations, such as the bond market, and often people will form an idea and look back two months later and find that the original view was completely wrong. So its premature to tell whats happening in the market now, Powell said. For now, he noted that the markets turmoil is partly due to hedge funds reducing leverage or debt, adding: In the short term, you may continue to see volatility in the market.
Industry News
The joint motion for a stay of appeal filed by the US SEC and Ripple has been approved
James K. Filan, a former U.S. federal prosecutor, posted on the X platform that the joint motion for a stay of appeal filed by the U.S. Securities and Exchange Commission (SEC) and Ripple has been approved, and the SEC has been instructed to submit a status report within 60 days of the issuance of the motion order.
Project News
Mantra: The team has not sold any shares and will launch an OM token support plan
Mantra released a statement on the unexpected and large drop in the price of OM tokens, stating that: The MANTRA team did not sell any tokens. 100% of the funds of the MANTRA mainnet OM team and advisory team are still locked, and the ERC-20 tokens are in public circulation and are not controlled by the team. Currently, there are 77.5 million OM tokens in circulation and the number of mainnet OM wallets exceeds 200,000.
TRUMP will unlock 40 million tokens on April 18, accounting for about 20% of the circulating supply
According to Ai Yi, an analyst on the chain, the TRUMP Dev address removed 366,000 TRUMP and 4.6 million USDC liquidity from Meteora 16 hours ago. Currently, the address has 14.72 million TRUMP and 200 million USDC liquidity in Meteora, and the chain still holds 15.38 million TRUMP, worth $120 million. In addition, TRUMP will unlock 40 million tokens on April 18, accounting for about 20% of the circulating supply and 4% of the total token supply.
Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, posted on social media, reiterating that there has been no code, contract or operator key leaks in the protocol, and said that ZKsync has withstood the test because of its ultimate security architecture (Endgame). The team is still investigating the relevant security incidents, and will release detailed information after the investigation and recovery work are completed. Alex said that he started the investigation as soon as he received feedback from the community. He added that although the prices of most Layer 2 project tokens have been under pressure recently and ZKsync has performed relatively steadily, the team still has an inviolable and legally binding commitment to investors, partners and members.
Investment and Financing
DeFi protocol Neutrl completes $5 million seed round of financing, led by STIX and others
DeFi protocol Neutrl announced the completion of a $5 million seed round of financing, led by digital asset private market STIX and venture capital firm Accomplice, with participation from many cryptocurrency angel investors such as Amber Group, SCB Limited, Figment Capital and Nascent, including Ethena founder Guy Young and Arbelos Markets (recently acquired by FalconX) derivatives trader Joshua Lim. It is reported that Neutrls protocol investment structure is based on buying locked altcoins at a discount in the private market and then hedging risk exposure with perpetual contracts.
Bitcoin mining machine manufacturer Auratine has completed a US$153 million Series C financing round, led by StepStone Group, with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers and other existing investors.
Resolv Labs Completes $10 Million Seed Round Led by Cyber.Fund and Maven11
Resolv Labs announced the completion of a $10 million seed round of financing, led by Cyber.Fund and Maven11 , with participation from Coinbase Ventures, Susquehanna, Arrington Capital and Animoca Ventures. The protocol provides a crypto-native, delta-neutral return strategy for USR stablecoin holders. This financing highlights the rapid growth in investor interest in stablecoin protocols that generate returns for token holders.
Crypto investment service company Glider completes $4 million financing, led by a16z
Crypto investment startup Glider has completed a $4 million financing round led by a16z, with participation from Coinbase Ventures, Uniswap Ventures and GSR. The valuation information has not been disclosed. The New York-based company plans to use artificial intelligence to help users adjust their cryptocurrency investments according to their needs, and will join the Andreessen Horowitz cryptocurrency startup accelerator this spring.
According to official news, Hana Network, incubated by Yzi Labs and supported by Hyperliquid, announced that it has completed a total of US$6 million in financing. In the recent No More CEX round of financing, core members of the L1/L2 project and some KOLs participated. In addition, Hanafuda already has 500,000 users and US$40 million TVL, and its mainnet phase 2 and phase 3 are expected to be launched in the next few months.
Character*Voice
Santiment: Crypto market rebounds modestly, traders optimistic about BTC returning to $90,000
Crypto analysis agency Santiment posted on the X platform that the cryptocurrency market is experiencing a mild rebound, with Bitcoin fluctuating around $ 85,000 several times. Traders are optimistic about Bitcoin returning to $ 90,000 , but the specific increase is likely to depend on the tariff policy and global economic news later this week.
Hassan Ahmed, head of Coinbase Singapore, wrote that Singapore should launch a national digital asset strategy, set up a digital asset working group, allow sovereign funds to establish strategic Bitcoin positions, relax the threshold for domestic retail investors to participate in the cryptocurrency market, double investment in research and development and skills improvement, establish a tokenized regulatory laboratory, and put native cryptocurrency participants at the forefront.
Matrixport released a chart today saying that in 2025, the net inflow of funds into Bitcoin ETFs was just above zero, despite a strong performance at the beginning of the year, with inflows of nearly $5.5 billion. This phenomenon is quite unexpected, as Bitcoin has outperformed US technology stocks this year, and gold has also hit a record high. It is worth noting that the total net inflow of Bitcoin ETFs was $35.5 billion, of which BlackRock accounted for $39.6 billion and Fidelity accounted for $11.4 billion, accounting for the vast majority of the total. In contrast, inflows from other ETF issuers were relatively limited.
Coinbase Research: Multiple indicators show that the market may enter a new round of crypto winter
Coinbase Research released an analysis report pointing out that due to the impact of global tariff escalation and macro uncertainty, the crypto market may have entered a new round of crypto winter. The total market value after excluding BTC is currently $950 billion, down 41% from the high point in December 2024 and 17% lower than the same period last year. The report pointed out that major assets including the COIN 50 index and BTC have fallen below the 200-day moving average, indicating that the overall market has entered a downward trend.
