10x Research: Bitcoin Poised to Break $100,000 After Short-Term Consolidation

On April 28th, as reported by Bloomberg, Coinbase Asset Management is slated to initiate a novel fund intended to offer regular income for clients' holdings of Bitcoin. This particular product, named the Coinbase Bitcoin Yield Fund, is planned to be launched on May 1st and aims to achieve an annualized net return rate ranging from 4% to 8%, with the proceeds being distributed in the form of Bitcoin. The fund is exclusively available to non-US institutional investors.

On April 28th, according to Nansen data, the top five public chains ranked by the count of 7-day active addresses are: Solana (26.543M), Unichain (5.805M), Tron (5.47M), BNB Chain (5.236M), and Base (4.752M).

On April 28th, PancakeSwap made an announcement on social media that Infinity (formerly known as PancakeSwap v4) has been launched. Infinity is capable of supporting multiple liquidity pools, which helps to enhance capital efficiency and reduce slippage. It also provides custom transaction fees and saves gas fees for each transaction.

On April 28th, based on Binance market data, Sign (SIGN) started at 0.08108 US dollars and is currently trading at 0.0763 US dollars.

On April 28th, a filing submitted to the U.S. Securities and Exchange Commission (SEC) indicated that the SEC has granted approval to ProShares Trust to launch three XRP futures-based exchange-traded funds (ETFs) on April 30th. These ETFs are the ProShares UltraShort XRP ETF, the ProShares Ultra XRP ETF, and the ProShares Short XRP ETF. This development provides investors with a means to gain exposure to XRP's price without directly holding XRP tokens, adding significantly to the XRP financial product ecosystem. Each of the three approved futures ETFs has its own features. The ProShares Ultra XRP ETF is designed to provide a return that is twice the price of XRP futures. The ProShares UltraShort XRP ETF offers a double inverse return, while the ProShares Short XRP ETF provides a single inverse return. Their launch enriches investors' trading strategy options and indicates that XRP is gaining more attention in the mainstream financial market, paving the way for potential future spot ET

On April 28th, according to an official announcement, Binance Earn, the one-click purchase of crypto, instant exchange, leverage, and futures will list Sign (SIGN). Specifically, Binance will launch the SIGN 1-75x U perpetual contract on April 28, 2025, at 19:00 (UTC+8).