Binance Alpha Launches SIGN

On April 28th, as per the official announcement, Binance Alpha has introduced a new limit order feature. Users are required to update their Binance App to version 2.99.2 or a higher version in order to utilize the limit order feature.

On April 28th, as reported by The Block, the price trend of Bitcoin this year has shown correlations with gold or the Nasdaq index at different times. Nevertheless, analysts from the research and brokerage firm Bernstein pointed out that short-term correlations can be deceptive. They hold the view that factors like the fatigue of retail investor sell-offs, the acceleration of Bitcoin accumulation by corporations, and the inflow of funds from Exchange-Traded Fund (ETF) trading platforms are more significant indicators. These indications suggest that a "supply squeeze" is taking shape, which has the potential to drive Bitcoin to new heights.

Update: On April 28th, as per an official announcement, Bybit is set to launch the SIGN U linear perpetual contract, with a maximum leverage reaching up to 75 times.

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.