OKX will launch PROMPT (Wayfinder) spot trading
According to the announcement of OKEx, the Wayfinder ecological token PROMPT will be launched on the OKX platform. Deposits will be open at 10:00 on April 9, a call auction will be held from 20:00 to 21:00 on April 10, PROMPT/USDT spot trading will be officially opened at 21:00, and withdrawals will be open from 18:00 on April 11.
ETH falls below $1,400, down 8.61% on the day
The OKX market data shows that ETH has just fallen below $1,400 and is currently trading at $1,399.57 per coin, down 8.61% on the day.
According to statistics from Bloomberg cited by CCTV Finance, the so-called "reciprocal tariffs" announced by the United States have severely impacted the international capital market. Since the 3rd of this month, the market value of global stocks has shrunk by $10 trillion, slightly more than half of the EU's GDP. Among them, the US stock market itself has suffered heavy losses, and the market value of the seven major technology giants in the US stock market has evaporated by a total of about $1.65 trillion during this period. Among them, Apple's product manufacturing is highly dependent on the US overseas supply chain. In the past four trading days, its stock price has fallen by nearly 23%.
A whale that was long ETH in a cycle sold 5,094 ETH again, with a cumulative loss of $40 million
According to Ember's monitoring, the whale at address 0xa339 sold 5,094 ETH at $1,471 each for $7.49 million USDT to repay the loan 5 hours ago to prevent the position from being liquidated, reducing the liquidation price to $1,246. Previously, on March 11, he also sold 25,800 ETH at a loss due to the decline of ETH, and the accumulated loss has reached $40 million. The ETH he holds was purchased with leverage at an average price of $3,084 in July 2024, and he currently still holds 30,000 ETH on Aave.
U.S. Senate to vote on SEC Chairman nominee Paul Atkins
According to Eleanor Terrett, the U.S. Senate has scheduled a procedural "end of debate" vote on SEC Chairman nominee Paul Atkins at 11:30 a.m. tomorrow (23:30 Beijing time on April 10). If the vote is passed, the formal confirmation vote may be held as early as 7:00 p.m. that evening (7:00 a.m. Beijing time on April 11).
Tether increases its stake in Bitdeer to 22.8%
According to SEC documents, Tether has increased its stake in Bitcoin mining company Bitdeer from 21% to 22.8%.
The probability of the Federal Reserve cutting interest rates by 25 basis points in May is 45.2%.
According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in May is 54.8%, and the probability of a 25 basis point rate cut is 45.2%. The probability of the Fed keeping interest rates unchanged in June is 0, the probability of a cumulative 25 basis point rate cut is 51%, the probability of a cumulative 50 basis point rate cut is 45.9%, and the probability of a cumulative 75 basis point rate cut is 3.2%.
Binance Alpha Adds Retard Finder Coin (RFC)
Retard Finder Coin (RFC) has been added to Binance Alpha.
Aavegotchi DAO has voted to migrate from Polygon to Base and cease operations on L3 network Geist
According to The Block, the Aavegotchi community, a Web3 game ecosystem based on the Aave protocol, passed a proposal with more than 95% support and decided to migrate from the Polygon network to Coinbase's Ethereum Layer 2 network Base. As part of the migration plan, the development company Pixelcraft Studios will terminate the operation of its Layer 3 solution "Geist". All on-chain assets including Aavegotchi character NFTs, wearable devices, badges, etc. will be cast 1:1 on the Base chain; the complete migration is expected to take 4-6 weeks, including the smart contract audit period; the original Polygon contract will be upgraded to read-only mode, prohibiting asset transfers and status changes. The proposal states: "Since 2022, the TVL of the Polygon PoS chain has continued to stagnate or decline. Although the location of game deployment should not affect the experience in theory, actual user traffic always follows liquidity." Pixelcraft Studios has previously streamlined its team to cope with the market winter. Aavegotchi founder coderdan emphasized: "Although EVM game projects are currently facing challenges, we are still optimistic about the EVM ecosystem in the long term. The Base chain has the greatest long-term growth potential and will become an ideal home for Aavegotchi."
According to Jinshi, U.S. Trade Representative Greer said that Trump has always made it clear that there will be no tariff exemptions in the near future.
Sources: a16z is seeking to raise $20 billion for its largest fund
a16z is seeking to raise $20 billion for its largest fund ever, sources said.
PumpFun deposited another 84,358 SOL to Kraken, worth $9.3 million
According to OnchainLens, PumpFun deposited another 84,358 SOL (worth $9.3 million) to Kraken. In 2025, they sent a total of 1,722,955 SOL (worth $310.72 million) to Kraken. Overall, they have earned 3,245,238 SOL, currently worth $359.08 million.
According to Cailian Press, citing Sky News, U.S. Treasury Secretary Scott Bessant said in an interview with CNBC on the 8th that the United States is discussing which countries (regions) to prioritize in reaching tariff agreements, and revealed that U.S. President Trump will participate in the relevant negotiations. Bessant said that if other countries have "practical suggestions" on the negotiating table, then a tariff agreement can be reached with the United States. He also said that the U.S. side has discussed which countries to prioritize. "Last night we discussed which countries to prioritize, and I think everyone will soon see some countries that have huge trade deficits with the United States stand up." Bessant said. The report said that U.S. officials also said that more than 50 countries (regions) have come forward to seek negotiations.
CBOE Submits 19b-4 Application to SEC for Canary SUI ETF
According to the U.S. SEC application, Cboe BZX, a subsidiary of the Chicago Board Options Exchange Group, is submitting a proposed rule change (19b-4 application) to the U.S. Securities and Exchange Commission to list and trade shares of the Canary SUI ETF.
According to Lookonchain monitoring, a whale who held Ethereum for more than 900 days finally chose to sell out - today he sold all 10,000 ETH (worth $15.71 million) he held. The whale initially bought 10,000 ETH (worth $12.95 million) at an average price of $1,295 on October 4 and November 14, 2022. He did not sell when the price of Ethereum broke through $4,000. But today, he chose to leave and made a profit of $2.75 million (if he sold at the peak price, the profit could reach $27.6 million).
Richard Teng, CEO of Binance, wrote on the X platform: "There has been a lot of discussion about the recent tariff escalation, and I want to share my views on what this means for the crypto market now and in the long term. The resurgence of trade protectionism is causing significant volatility in global markets, and cryptocurrencies are no exception. In the short term, this macro uncertainty tends to trigger a risk-averse reaction, with investors withdrawing funds and waiting for economic growth, policies, and trade situations to develop. However, looking ahead, this environment may also accelerate people's interest in cryptocurrencies as a non-sovereign store of value. Many long-term holders continue to believe that Bitcoin and other digital assets are resilient during periods of economic pressure and changing policy dynamics."
According to Forbes, AI cybersecurity startup Octane announced the completion of a $6.75 million seed round of financing, co-led by Archetype and Winklevoss Capital (the family office of Gemini founders Tyler and Cameron Winklevoss). Other supporters include crypto exchange Gemini Frontier Fund, Circle, Duke Capital Partners and a group of strategic angel investors, including former Coinbase CTO Balaji Srinivasan. The funds will be used for product development, expanding the engineering team and expanding Octane's influence. According to reports, Octane's core proposition is to supplement the passive audit model with always-on AI defense. Octane currently focuses on smart contract vulnerabilities, but in the future the company's goal is to detect and prevent more complex attacks.
Standard Chartered: XRP could reach $12.5 before the end of Trump’s presidency
According to CoinDesk, Standard Chartered Bank said in a report released on Tuesday that Ripple's XRP token price may rise to $12.50 before US President Trump leaves office. Standard Chartered predicts that XRP will rise to $5.50 by the end of this year, $8 by the end of 2026, $10.40 by the end of 2027, and $12.50 by the end of 2028. Standard Chartered pointed out that since Trump won the election last November, the price of XRP has risen sixfold, reflecting the market's expectation that the US SEC will withdraw its appeal against Ripple and that the XRP ETF may be approved. Standard Chartered said that this increase is sustainable, partly due to changes in the leadership of the SEC, but also because "XRP occupies a unique position in one of the fastest growing application scenarios of digital assets-facilitating cross-border and cross-currency payments." The report wrote: "XRPL has similar main application scenarios to stablecoins such as Tether: blockchain-based financial transactions, which are traditionally completed through traditional financial institutions (TradFi). Standard Chartered Bank pointed out that Ripple also plans to push XRPL into the field of tokenization. These positive factors mean that XRP should be able to keep up with its biggest competitor Bitcoin in terms of price appreciation. The report added that XRPL has two shortcomings, namely the small number of developers and limited value capture, but these shortcomings are offset by many positive factors.
Justin Sun released the "seven sins" of First Digital Trust (FDT), including: ① Breach of trustee obligations. FDT misappropriated customer funds, which violated Section 4 of Chapter 29 of the Hong Kong Trustee Ordinance (duty of reasonable care) and basic trustee principles. ② Abuse of customer funds. FDT transferred TUSD funds to ARIA DMCC without proper authorization and has faced intervention by law enforcement agencies, including fines, revocation of licenses, and even criminal prosecution. ③ Conducting regulated activities without a license. Although FDT is registered as a TCSP company, it does not hold any license issued by the Hong Kong Securities and Futures Commission. ④ Fraud or theft. FDT and ARIA CFF, Truecoin (Alex De Lorraine), Crossbridge/Finaport (Yai Sukonthabhund) and other accomplices joined forces to cover up the misappropriation and fabricated investments by falsifying records. ⑤ False declaration or concealment. In order to cover up misappropriation or unauthorized transactions, FDT provided false statements and fraudulent documents, claiming that TUSD funds were intact and had been invested as instructed. ⑥ In violation of anti-money laundering obligations, FDT transferred illegally misappropriated funds through complex transactions or offshore accounts to conceal their sources, suspected of violating anti-money laundering regulations and may even constitute an act of assisting money laundering. ⑦ In violation of the Prevention of Bribery Ordinance (POBO), FDT/Legacy, at the instigation of Vincent Chok, accepted secret kickbacks from Dubai private company DMCC in exchange for illegally misappropriating TUSD escrow funds.
According to Fortune magazine, the encrypted dining app Blackbird Labs has completed a $50 million Series B financing, led by Spark Capital, with participation from Coinbase, a16z crypto, Union Square Ventures and Amex Ventures. The financing is used for company equity and token warrants, which are allocations of unreleased cryptocurrencies. Founder Ben Leventhal said he raised the money in the fourth quarter of 2024, and he declined to disclose the implied valuation of the round. Since 2022, Blackbird Labs has raised $85 million. According to reports, Blackbird is a restaurant loyalty and payment app. Every time a user visits a restaurant registered on the app, they receive a reward in the form of an internal cryptocurrency FLY. Users can use the cryptocurrency Blackbird to pay for meals anywhere in the network, which covers more than 600 restaurants in New York City, San Francisco and Charleston, South Carolina. Blackbird Labs released its own blockchain in February, which is built on Coinbase's Base and is called Flynet.
Ripple acquires crypto-friendly prime broker Hidden Road for $1.25 billion
According to Fortune magazine, crypto payment company Ripple has acquired prime brokerage Hidden Road for $1.25 billion, aiming to expand its services for institutional investors. CEO Brad Garlinghouse said the acquisition represents Ripple's efforts to integrate a wider range of services to attract large institutions. He said: "Ripple needs to ensure that we have the right infrastructure to attract and expand to a larger group of large institutions." The transaction is mainly in the form of cash, XRP and stocks. Subject to regulatory approval, the acquisition will be completed in the coming months, and Hidden Road founder Marc Asch will continue to serve as Ripple's head of primary brokerage. As part of the transaction, Ripple will "inject billions of dollars in capital to provide immediate scale and meet the needs of Hidden Road's primary brokerage business," the company said in a statement. The deal will benefit Ripple because Hidden Road needs to integrate some of the company's products for further promotion. Garlinghouse said the prime broker will integrate the use of Ripple's stablecoin RLUSD as collateral for its prime brokerage products and explore the use of XRP's underlying blockchain XRP Ledger to "improve settlement efficiency."
According to the on-chain analyst @ai_9684xtpa, the "56,995 ETH on the verge of liquidation whale" repaid again, and the liquidation price has now dropped to $1,269.67. In the past two hours, he sold another 5,324.29 ETH to repay the loan of 8.268 million DAI. Currently, he has mortgaged 43,694.35 ETH to borrow 32.63 million DAI.
Bubblemaps, an on-chain data visualization platform, posted on the X platform early this morning that 50 million MELANIA tokens (worth $30 million) have been transferred from the community fund and partially sold, and the team has not responded to this. Last week, $2 million of MELANIA tokens were also sold. Bubblemaps added that addresses associated with the Melania team currently hold 92% of the MELANIA token supply.
EU expected to submit follow-up plan to U.S. tariffs early next week
According to Jinshi, on Tuesday, European Commission spokesman Olof Gill said that the European Commission is expected to submit a preliminary plan early next week to respond to the broad import tariffs announced by Trump. "At the beginning of next week, we will basically present our plan. We will explain what the roadmap is, then consult with member states and industry, and then propose final measures, which will be submitted to member states for a vote," the spokesman said.
Crypto Lawyer Sues US Authorities for Uncovering Satoshi Nakamoto
According to Cryptoslate, well-known crypto lawyer James Murphy (@MetaLawMan) has filed a lawsuit against the U.S. Department of Homeland Security (DHS) under the Freedom of Information Act (FOIA). The lawsuit filed on April 7 aims to reveal the identity information of the mysterious founder of Bitcoin, Satoshi Nakamoto, that the U.S. government may have. Murphy said that the lawsuit was caused by a speech at a financial intelligence conference in 2019. At the meeting, a DHS official claimed that he had identified Satoshi Nakamoto and interviewed him in California, where three other Bitcoin developers were present. Murphy now wants to obtain relevant internal documents, emails and notes from the Department of Homeland Security to verify whether the interview was true. He believes that if the interview really took place, there must be a written record, and this lawsuit is intended to make these records public. At the same time, Murphy called on Christy Noem, Secretary of Homeland Security, to voluntarily disclose information. If the Department of Homeland Security refuses, he said he will persist in the lawsuit until the truth comes out.
The U.S. Department of Justice notified employees late Monday that the agency is disbanding a unit dedicated to cryptocurrency-related investigations, Fortune reported. 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 Justice Department and a defense attorney during Trump's 2024 criminal trial. He wrote that the National Cryptocurrency Enforcement Unit (NCET) is being disbanded "immediately" as part of the Justice Department's efforts to comply with Trump's January executive order on digital assets, which was intended to "establish regulatory clarity for the industry." As part of Monday's memo, Blanche instructed Department of Justice employees to focus on "prosecuting those who prey on digital asset investors," rather than pursuing cases against cryptocurrency exchanges, mixers like "Tornado Cash," and "offline wallets."
Bernstein analyst: Bitcoin's resilience during tariff issues is amazing
According to The Block, despite the recent tariffs imposed by US President Trump, which have caused turmoil in both crypto and traditional markets, analysts at Bernstein pointed out that "Bitcoin has shown amazing resilience". Through historical data comparison, analysts have observed that in previous crisis periods (such as market panic caused by the new crown epidemic, interest rate shocks, etc.), Bitcoin prices usually experience deep corrections of 50% to 70%. "The current drop of only 26% shows that Bitcoin demand is coming from more resilient capital," they wrote in a research report sent to The Block on Tuesday. Analysts believe that Bitcoin prices, as a leading indicator of risk appetite, do not weaken its long-term excess return potential as a value storage tool in the digital field. "In our view, Bitcoin is gradually evolving into a probabilistic 'digital gold' over time," the report said, adding that its trading characteristics "have higher volatility and better liquidity than gold."
According to Maeil Business News, South Korea’s daily cryptocurrency trading volume surged nearly 400% after fake news caused the price of major cryptocurrencies to rise by 9%. The false report claimed that U.S. President Donald Trump was considering suspending tariff measures. According to CoinGecko data, on April 7, the 24-hour trading volume of South Korea’s top five crypto exchanges reached 6.78 billion won (about $4.58 million), the highest level since March 4, and an increase of 368% from 1.45 billion won (about $980,000) on April 5.
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, Gauges Voting and revenue sharing mechanisms to achieve true CAKE ownership; 3. Reduce CAKE emissions (daily emissions from about 40,000 CAKE to 22,500 CAKE to support deflation) and build a more efficient ecosystem.
