CryptoQuant Analyst: Short-term Holders Move 47,428 BTC to Exchange in Last 24 Hours

On April 25th, Kevin Owocki, the co-founder of Gitcoin, posted on social media that Gitcoin will shut down its main software development department, Grants Lab, and bid farewell to some outstanding team members. This is one of the most difficult decisions since the founding of Gitcoin. The decision was driven by changes in the ecosystem. The public goods funding landscape is evolving. The L2 ecosystem is gradually maturing. Collaboration mechanisms are continuously innovating. And new competitors are emerging. Meanwhile, key members of Grants Lab have left one after another. The team lacks a clear and sustainable business model in its current form, resulting in financial expenditures exceeding the sustainable range. Therefore, Grants Lab will no longer apply for a budget in the second half of 2025. The remaining funds will be used to provide severance payments to the affected employees. Gitcoin stated that they will do their best to support the transitioning employees with respect an

On April 25th, according to Ashes Monitor, the address with the highest number of registrations for the TRUMP Banquet has withdrawn a total of 1,195,000 TRUMP (approximately $15.76 million) from Binance after the banquet plan was made public. The average price was $12.5.

On April 25th, as reported by The Block, a Bitfinex analyst pointed out that, based on the Bitcoin options expiration on Friday, the market is demonstrating a moderately optimistic sentiment. Although short-term price volatility may still occur, traders are increasingly anticipating that Bitcoin will reach higher price levels in the second quarter of 2025. The Bitfinex analyst stated in a briefing: "With the $90,000 strike price cluster being surpassed, the option-implied upside resistance has decreased." They further added, "Many market participants are currently shifting their targets to higher strike prices—calls at $95,000 and $100,000 are seeing a significant accumulation of open interest for contracts expiring at the end of April and in May." They also expect that the inflows into a spot Bitcoin ETF (which have shown an increase this week) could have a significant impact on Bitcoin's ability to remain above $90,000.

On April 25th, as per official information, Tether made an announcement today regarding the outcome of its tender offer for the common stock of Adecoagro S.A. (listed on the New York Stock Exchange with the code: AGRO, hereinafter referred to as "Adecoagro"). This tender offer was intended to acquire up to 49,596,510 shares of Adecoagro's common stock (the "Common Stock") at a cash price of $12.41 per share (without any interest and net of any required withholding taxes). The offer came to an end at midnight on April 24, 2025 (New York time). The tender agent, Computershare Trust Company, N.A., informed Tether that by the tender deadline, a total of 67,075,545 shares of common stock had been validly tendered (and not withdrawn).

On April 25th, US President Trump declared that the trade agreement negotiations were progressing in a smooth manner and that many good agreements would ultimately be reached. (FXStreet)

On April 25th, Alpaca Finance made an official announcement. Although its liquidity provider had asked to mint additional ALPACA from the treasury in order to handle the high trading volume of today, upon receiving community feedback, it has determined to cease minting this portion of the token.