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According to monitoring by Omar Faridi, the net demand from institutional investors for Bitcoin has regained strong momentum, reaching the highest growth rate since the end of 2025.Data from Bloomberg, Glassnode, and Bitwise Europe shows that the buying power of professional institutions such as funds and asset management companies significantly exceeds selling pressure. Industry analysis points out that institutional funds typically feature large transactions and long-term holdings, and the renewed acceleration of their net demand indicates an increased confidence among large players in Bitcoin as a store of value. Currently, the rise in institutional participation is driving improvements in market liquidity and is seen as a signal of Bitcoin's further solidification in the global financial system.

According to monitoring by Whale Alert, USDC Treasury has newly minted 250 million USDC on the Solana chain.

According to The Wall Street Journal, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the state of New York in the federal district court for the Southern District of New York, seeking a court ruling that the CFTC has exclusive regulatory authority over prediction markets to prevent New York's crackdown.Previously, New York state had filed lawsuits against the prediction market operations of cryptocurrency exchanges Coinbase and Gemini. Earlier this month, the CFTC also filed lawsuits on similar issues against Arizona, Illinois, and Connecticut, as the jurisdictional disputes between federal and state regulatory agencies continue to escalate.

As market sentiment warms and liquidity returns, AI technology is accelerating its leap from a mere "analytical tool" to a core "trading hub," deeply reconstructing the underlying logic of the financial market's game.At 8 PM on April 28, a cutting-edge roundtable discussion focusing on "AI Trading" will be held in Space. At that time, several industry experts will engage in in-depth discussions from the perspectives of AI infrastructure evolution, trading structure reshaping, and financial paradigm shifts, jointly analyzing whether AI's deep integration into the trading process is becoming the true starting point driving a new cycle of evolution in Web3, guiding participants to accurately capture real Alpha opportunities with long-term value in a market landscape full of uncertainties.Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and @ three friends. The official account will randomly select 5 lucky users from the participants to receive a reward of 10 USDT each.

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.

Issue 9 of BALLS has officially launched, with a winning rate of 5.8%, a launch price of 0.151 USDT, a new issuance yield of 51%, and an overall capital yield of about 3%. There is no lock-up period after the asset settlement for this issue of BALLS; the funds will be available as spot immediately, allowing users to choose to sell or withdraw instantly.Issue 10 of ASTEROID will officially open for subscription today at 16:00 and will end on April 29 at 16:00. This issue continues the multi-currency participation mechanism, allowing users to participate in the subscription using JU / USDT / BTC / ETH, with the platform uniformly converting and allocating based on U. A dynamic winning rate model will be introduced in this round; for every increase of 5,000,000 USDT in the raised amount, the winning rate will increase by 0.2%. Successfully inviting friends to participate can share a token reward of up to 20% of the final issuance amount.

According to Gate market data, both the Japanese and South Korean stock markets have reached new highs, with the Nikkei 225 index currently up 0.47% and the South Korean KOSPI index up over 1%.

The newly appointed chief economist of New Fire Group, Fu Peng, stated on Twitter that the underlying business model of Bitcoin perpetual contracts is essentially the same as the "rollover fee/overnight fee" in traditional finance's gold and industrial commodity spot exchanges.Fu Peng pointed out that back in the day, gold exchanges settled through daily forced liquidation, with longs and shorts paying each other rollover fees. When retail investors held a large number of high-leverage long positions, the rollover fee became the most stable and hidden source of income for the platform. Nowadays, Bitcoin spot platforms mainly rely on perpetual contracts, with both sides settling the funding rate every 8 hours. When longs dominate, retail investors holding long positions continuously pay funding rates to shorts.Although the platform does not directly collect this fee, it significantly enhances trading activity, open interest, and liquidity, indirectly generating a large amount of fee income and forming a stable and substantial cash flow. Essentially, it is a business model where large players/institutions "collect rent" from long-term holdings, retail investors pay for leverage to go long, and the platform indirectly takes a cut.

According to monitoring by onchainschool.pro, the FF team address (0xeF6...7071) transferred tokens worth $13 million to a new wallet, which will then distribute to other participants or fund wallets. This is the largest transfer record for the project to date.An hour ago, approximately $1,000,000 worth of tokens were further transferred from the aforementioned wallet and ultimately deposited into an exchange.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.1%, the S&P 500 index up 0.38%, and the Nasdaq up over 0.6%. Intel (INTC.O) stock price soared 24%, reaching a new high, mainly due to its first-quarter earnings report and second-quarter guidance exceeding expectations. AMD (AMD.O) rose 7.7%, Arm (ARM.O) rose 7.5%, and the Philadelphia Semiconductor Index rose 3.7%. Amazon (AMZN.O) rose 1.4%, and Meta reached an agreement with Amazon to use Amazon Graviton CPU chips for AI development.

Gate Research Institute released a market forecast report titled "Polymarket Growth Accelerates, Gate's Layout for New Entry into Prediction Markets," which dissects trading volume, fee mechanisms, and market structure. The report points out that Polymarket's trading volume and active users continue to grow, and the platform has evolved from early on-chain experiments into an event trading market with real liquidity and revenue capabilities. Overall growth is driven by political, sports, and geopolitical events, and user retention may decline during the phase when hot topics fade.Fees and revenues are rising rapidly, driven on one hand by expanding trading demand and on the other by the expansion of the fee scope and changes in the fee structure. Revenue growth is directly related to rule adjustments. Platform trading is highly concentrated in a few high-interest sectors, and the long-tail market contributes limited overall liquidity.Gate has integrated a Polymarket entry in the app, providing two interaction modes: prediction mode and trading mode. Users can participate using USDT through their exchange accounts or use USDC on Polygon via a Web3 wallet. The report believes that prediction markets are evolving along two parallel paths: the integration of on-chain open infrastructure and centralized products. Its long-term potential depends on the continuous stability of event supply, regulatory environment, and user behavior.

According to Gate market data, the S&P 500 index futures rose by 0.4%, reaching an intraday high.

According to Onchain Lens monitoring, 4 newly created wallets withdrew 10 million ASTER worth 6.7 million USD from Binance, possibly related to the same entity.

According to Bitwise data, the US spot Bitcoin ETF has absorbed a total of 18,991 BTC in the past 5 trading days, which is 9 times the new supply from mining during the same period (2,109 BTC).

According to on-chain analyst Onchain Lens (@OnchainLens), the whale "0xb58" closed its long position in $BRENTOIL (3x leverage), realizing a profit of $1.93 million, and then reopened a long position of 50,000 $BRENTOIL (3x leverage).Meanwhile, the whale still holds a short position in $SOL (3x leverage), currently facing an unrealized loss of $2.23 million.