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According to CoinDesk, Fidelity Digital Assets released the "Q2 2026 Signal Report," indicating that although the overall cryptocurrency market was in a consolidation phase at the beginning of the second quarter, several underlying data points have shown signs of stabilization.The report shows that Bitcoin's dominance continues to rise, with capital consistently concentrating on the most liquid assets. The levels of unrealized profits and momentum indicators are consistent with characteristics of a correction period, which may lay the foundation for a more stable market structure in the future.Meanwhile, the network usage and price trends of Ethereum and Solana have diverged, indicating that demand at the protocol layer remains robust. The report also notes that Bitcoin futures are currently experiencing negative funding rates, and research institution 10x believes this reflects structural hedging behavior by institutions rather than an overall bearish signal.

a16z crypto released an analysis report titled "The New Stack of Global Finance: The Stablecoin Edition." The report points out that stablecoins have evolved from niche trading tools into fundamental financial pipelines, giving rise to a new type of "banking as a service" model that is driving the reconstruction of the financial system. The report believes that the transition to on-chain finance has "crossed the point of no return."The report categorizes blockchains into three types: general-purpose chains (such as Solana, Ethereum, and L2), payment-specific chains (such as Stripe's Tempo), and institutional networks (such as Canton). It also notes that the bottlenecks in the banking industry are easing, with a number of crypto-friendly banks actively connecting on-chain infrastructure with traditional fiat systems. The competition for stablecoin issuance has shifted to regulatory positioning, with issuers vying to obtain OCC national trust charters.The report states that payments are the "first act," while credit may be the more important "second act." The large-scale issuance of stablecoins will give rise to a new on-chain credit market, allowing capital to form outside the traditional banking system. The report also emphasizes that stablecoins not only enhance the dominance of the dollar but also provide emerging market users with access channels to the dollar.

The Block announced the appointment of senior media and technology executive Steve Chung as CEO to drive the company's institutional expansion. At the same time, Foresight Ventures committed to an additional $10 million investment to support its next phase of development.Former CEO Larry Cermak will continue to serve as president, focusing on research and product operations. Steve Chung's career began at Goldman Sachs, where he served as Chief Growth Officer at Fox Corporation, Chief Digital Officer at Fox Television, CEO of CJ ENM America, and Chief Operating Officer at Azuki. He stated that he will leverage AI to enhance the depth, speed, and practicality of insights, transforming The Block into a global platform for digital asset investors and decision-makers.Foresight Ventures partner Zac Tsui stated that Steve's background in capital markets, media, and the crypto industry makes him the ideal leader to guide the company in becoming a global institutional platform.

According to the official announcement from the Pakistan Virtual Assets Regulatory Authority (PVARA), all virtual asset services are included under PVARA's regulatory scope and must obtain prior authorization before commencing operations or making public announcements.PVARA welcomes responsible innovation and encourages relevant parties to engage in communication as early as possible. Innovation can be conducted through compliance pathways such as regulatory sandboxes, No-Action Relief Letters, and No Objection Certificates (NOC).

Recently, Gate predicts that the market expectations for Ethereum's price performance on April 27 are highly consistent. Data shows that the current probability of "ETH being above $1800" and various ranges such as "$1900/$2000/$2100" all reach 100%, while the probability of being above $2200 also reaches 99%, indicating a significantly bullish market sentiment. In contrast, the probability for $2300 is about 72%, while the probability for above $2400 drops sharply to 7%, reflecting a divergence in short-term upward expectations.Users can directly access the prediction market through the Gate App, entering the Polymarket page from the platform's homepage Alpha, and participate in event predictions using USDT in their exchange accounts. This integration marks a key step for Gate in merging the crypto trading ecosystem with prediction markets, providing users with a diversified market experience from expectation judgment to trading participation.It is worth noting that Gate's performance in the Polymarket partnership channel continues to improve, currently ranking in the top two, with a significant expansion in user participation scale. The cumulative trading volume has reached $24.87 million, with a total of 206,055 transactions, reflecting the increasing activity and depth of participation of platform users in the prediction market.

According to monitoring by Hyperinsight, among the on-chain million-scale long positions, the one under the most liquidation pressure is a whale that "went long 4,500 ETH." The liquidation line for its ETH long position is at $2,273, which is only about $39 away from the current price, making it the one with the highest liquidation pressure among whales with on-chain million-scale positions.It is reported that this address opened a 25x leveraged ETH long position last Monday, and after a week of continuous rolling, it added another 500 ETH today, bringing the current position size to 4,500 ETH, approximately $10.4 million, with an average entry price of $2,337.This morning, the position once had an unrealized profit of over $400,000, but as the market sharply declined, the unrealized profit has been completely wiped out and is facing a strong liquidation risk.

According to Solid Intel, Trump will hold a National Security Council meeting today to review proposals to reopen the Strait of Hormuz and end hostilities.

According to Jinshi reports, Allianz Chief Economic Advisor Mohamed A. El-Erian stated that the price shocks caused by the Middle East war have pushed market expectations toward an environment of "interest rates remaining at higher levels for a longer period," affecting almost all systemically important central banks, with the sole exception being the Bank of Japan. He pointed out that the current situation, accompanied by negative demand shocks from "second-round effects," poses a potential risk of spreading to financial instability, highlighting the uncertainty of the outlook.

After launching on KuCoin and LBank, Staynex is further advancing its exchange layout, and its native token $STAY will be listed on MEXC today at 19:00 (UTC+8). This is not just a listing; it opens up a broader market coverage.$STAY is an AI travel token, fundamentally based on real travel application scenarios. Staynex integrates AI + Web3-driven travel planning, hotel discovery, membership benefits, and token rewards into a single ecosystem. The underlying structure is driven by Web3, while the user experience prioritizes AI.In terms of the token model, the total supply of $STAY is fixed at 100 billion tokens, with an initial circulation of only 3% at TGE. The project adopts a distribution mechanism with no VC, no private placement, and zero team unlocks, giving the token stronger market attributes from the moment it is launched. At the application level, Staynex builds an AI + Web3 ecosystem centered around real travel consumption. Holding $STAY unlocks tiered membership benefits, including travel discounts, staking rewards, and lifestyle benefits such as airport lounges. Additionally, the platform will use 20% of its revenue for token buybacks, linking platform growth with token value.The listing on MEXC continues Staynex's active acceleration of global expansion, including the acquisition of the European Web3 travel platform Sleap and the introduction of over 40 ecological partners. As the product continues to iterate and more exchange listing plans are advanced, $STAY is gradually building an application path that connects digital assets with real consumption scenarios.

According to Tencent News' "Periscope," during the 2026 Hong Kong Web3 Carnival, He Yi revealed in a small KOL meeting that her family office YZi Labs, in partnership with Zhao Changpeng, has invested in a Chinese AI large model company, but did not disclose the specific name of the invested company.

According to on-chain analyst Ai Yi's monitoring, the "two-month profit of 44.61 million dollars from ETH leveraged whales" has a remaining long position of 20,000 ETH, which has once again realized a profit of 2.134 million dollars. The fluctuation from a floating loss of 1.227 million dollars to a floating profit represents a difference of 3.361 million dollars. Its average opening price was 2,287.2 dollars, and there were two instances of position reduction on April 20 and April 21, with a total profit-taking of 1.042 million dollars.

According to BBX data, several listed companies disclosed their latest reserve actions yesterday, with the core dynamics as follows:Tron Inc. (NASDAQ: TRON) announced that it increased its holdings of 154,494 TRX tokens at an average price of $0.3236 yesterday, further raising the total amount of TRX in its treasury to over 693.3 million tokens.The Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 211,474 JUP yesterday, valued at approximately $36,000. This month, it has accumulated a total purchase of 9,405,535 JUP, valued at about $1.63 million. As of now, its total purchases amount to 113,508,785 tokens, valued at approximately $19.76 million.Nasdaq-listed Bitcoin mining company Bitdeer (NASDAQ: BTDR) released the latest data on its Bitcoin holdings. As of the week of April 24, the Bitcoin mining output was 185.7 Bitcoins, but the same amount was sold during the same period, resulting in a net addition of 0 Bitcoins, and it currently maintains zero Bitcoin holdings.

According to Jinshi reports, U.S. President Trump spoke on the phone with British Prime Minister Starmer to discuss the current situation in the Middle East and emphasized the "urgent need to restore shipping in the Strait of Hormuz."The British side stated that the ongoing blockade for several weeks has left many crew members stranded in the Gulf region. Starmer warned that this would have "serious consequences" for the global economy and the cost of living for the British people. On the same day, Iran warned that the waterway "will not return to its previous state under any circumstances."

CryptoQuant analyst Axel Adler stated that after the release of market pressure in the spring, the selling pressure from short-term holders (STH) has significantly eased. The Bitcoin market repair is still ongoing, and the current price is close to the cost line of short-term holders. The key trigger for the subsequent trend lies in whether it can effectively stabilize above the short-term holder cost basis of about $83,000. Only by breaking through and stabilizing above this level can the market further validate the actual selling pressure strength of short-term holders and whether it will suppress the price drop again.

According to The Block, Ciarán Fitzpatrick, the global head of ETF products at JPMorgan Securities Services, stated: "We believe that tokenization will definitely drive changes in the market, not only for ETFs but for the entire fund industry as well."Ciarán Fitzpatrick pointed out that given the many benefits that tokenization may bring, such as more convenient subscription and redemption, "almost instant settlement," and uninterrupted access, experiments with ETF tokenization are still ongoing. He added: "I think tokenization will become part of the ETF ecosystem, but it will be a few years before we see some really good use cases."

Zhao Changpeng posted on X platform, "It is truly disgusting to see another attempt to attack President Trump at the White House Correspondents' Dinner. Fortunately, he, the First Lady, Vice President Vance, and all those present are safe."

According to CoinDesk, the open interest (OI) of the Bitcoin spot exchange-traded fund IBIT under BlackRock once surged to $27.61 billion, surpassing the $26.9 billion scale of the Bitcoin options market on the crypto derivatives platform Deribit for the first time. Analysts believe this milestone indicates that the institutionalization process of the Bitcoin market in the United States is accelerating.Additionally, according to Volmex data, the open interest volume of IBIT call options suggests that its call options primarily expect the Bitcoin trading price to rise to $109,709, which is about 41% higher than the current market price of $77,400. Furthermore, the average expiration date of IBIT options is also about two months longer than that of Deribit, indicating stronger bullish sentiment and a preference for longer-term holdings.

Litecoin disclosed in a post on platform X that a recent zero-day vulnerability had caused a DoS attack, affecting the operation of major mining pools. Mining nodes that were not updated allowed an invalid MWEB (MimbleWimble Extension Block) transaction to be executed, enabling the related tokens to be withdrawn to a third-party DEX.The Litecoin network rolled back these invalid transactions through a reorganization (reorg) of 13 blocks, confirming that they would not be included in the main chain. All valid transactions during this period were unaffected, and the vulnerability has been completely fixed, with network operations restored to normal.