Binance Wallet's latest TGE event MilkyWay has concluded its subscription, with a raise exceeding 158 times the target amount.

On April 29th, based on Coinglass data, if Bitcoin manages to break through $96,000, the cumulative short liquidation intensity on mainstream CEX will amount to $1.143 billion. Conversely, if Bitcoin drops below $94,000, the cumulative long liquidation intensity on mainstream CEX will reach $659 million. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity. Therefore, the liquidation chart illustrates the extent to which reaching a certain price level will be impacted. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.

On April 29th, the Eigen Foundation disclosed its 2025 Community Funding Strategy. It will allocate 40 million EIGEN tokens and distribute the funding quarterly to boost the development of the ecosystem. Previously, the Eigen Foundation had set aside 15% of the initial total supply for the EigenLayer community plan, including incentive programs and grants for users, developers, and community contributors. The Eigen Foundation will be in charge of deploying these grants to the EigenLayer community.

On April 29th, as reported by The National, Eric Trump disclosed that the Trump Organization announced a $1 billion investment in Dubai for the construction of a Trump-branded hotel and residences. This project will accept cryptocurrency payments and will feature a $20.4 million penthouse along with other luxury apartments. It is anticipated that the project will be completed within five years.

On April 29th, based on the monitoring of @ai_9684xtpa, on April 28th, a whale that borrowed 15,000 ETH for a long position and achieved a profit of $301,000 carried out this activity again 2 hours ago by borrowing an additional 4,000 ETH ($7.32 million) and selling it short at an average price of $1832.2.

On April 29th, JP Mullin, one of the co-founders of Mantra, announced that 150 million OM tokens had been burned.

On April 29th, based on HTX market data, ALPACA has increased to $0.1903. The 24-hour decrease has been narrowed to 10.22%. Previously, it had dropped to $0.0659. The 24-hour liquidation amount is $8.84 million, including $5.92 million in short liquidations.