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Yi Hehua: After 19 Years, Never Deeply Involved in Market Making, Lacks the Ability and Energy to Drive Projects

2 hours ago

On April 16, Daniel Wang, founder of Liquid Capital (formerly LD Capital), stressed the importance of acknowledging he is "very ordinary." Whether in traditional industries or the crypto space, he has always focused on primary market investments and secondary market trading. While operating projects and trading platforms can be highly profitable, the reality is his energy and abilities are limited—he can only admire others in those areas. In 2018, he incubated a market maker, but the team pocketed profits for themselves while leaving losses to his firm. This left them battered, and they exited the space in 2019. Since then, he has not been deeply involved in market making; at most, he has backed a few strong trading teams. Conspiracy theories always gain the most traction, but he’s no "hexagon warrior"—he lacks the ability and energy to manipulate projects, a fact clear to trading platforms.
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The UK's FCA Consults on Crypto-Asset Regulations in the Stablecoin and Exchange Sector

April 16. Per The Block, the UK’s Financial Conduct Authority (FCA) has released a new consultation document on cryptocurrency regulation, seeking feedback on the scope of specific regulated crypto asset activities under its regulatory roadmap. The consultation covers activities including stablecoin issuance, trading platforms, custody, and staking. It’s open to individuals, businesses, industry groups, policymakers, and academics, with a deadline of June 3, 2026. Crypto firms can apply for FCA authorization as early as September 30, 2026. This consultation marks the latest step in the UK’s crypto regulatory roadmap. Earlier this year (February), the “Financial Services and Markets Act 2000 (Cryptoasset) Regulations 2026” officially went into effect, bringing new types of crypto asset activities under the FCA’s oversight. The FCA noted that much of the rule consultation work for the future crypto regulatory framework is complete, with policy statements expected this summer and a fin

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French Minister: New Measures to Address Increasing Ransomware Attacks

**April 16 (Cointelegraph) — France is prepping new measures to protect cryptocurrency holders, French Interior Ministry spokesperson Jean-Didier Berger announced at Paris Blockchain Week.** The government has launched a prevention platform that’s signed up thousands of users. Officials are also teaming up with Interior Minister Laurent Nu?ez on a comprehensive response plan, set to roll out in the coming weeks. Key stats: - As of 2026, France has recorded 41 crypto-related kidnapping cases — an average of one every 2.5 days. - In 2025, global “plumber attacks” (targeted crypto-linked incidents) rose 75% year-over-year. France was Europe’s hardest-hit country, accounting for roughly 40% of all EU-wide incidents.

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Bitget has launched the U-based GENIUS perpetual contract, with a leverage range of 1-20x

April 16: Bitget has announced the listing of its USD-margined GENIUS perpetual contract, with leverage options ranging from 1x to 20x. A contract trading BOT will also be available at launch.

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An whale has taken a 20x leverage long position on $11.5 million worth of gold and silver.

April 16th — Per Onchain Lens monitoring, a whale dormant for over 2.5 months has opened a 20x leveraged long position using 1,663 oz of gold and 43,870 oz of silver, totaling $11.5M in value.

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Analyst: Bitcoin Funding Rate Drops to Lowest Level Since 2023, Signaling Potential Bottom

April 16th CoinDesk analyst James Van Straten notes Bitcoin’s funding rate has hit its most negative level since 2023 — a signal history ties to temporary market bottoms, per Glassnode data. The seven-day moving average of the rate now sits around -0.005%. Perpetual contract funding rates are fees longs and shorts pay each other to align contract prices with spot markets: positive rates mean longs pay shorts (bullish sentiment), negative rates mean shorts pay longs (bearish lean). Notably, Bitcoin rallied from $60k-$65k to ~$75k between March and April this year — even as funding rates stayed negative. History links deeply negative funding rates to Bitcoin’s temporary lows: March 2020 (COVID crash, ~$3k), 2021 (China mining ban, $30k), November 2022 (FTX collapse, ~$15k), 2023 (Silicon Valley Bank crisis, briefly below $20k), August 2024 (yen carry trade unwind), and April 2025 ("Liberation Day" sell-off). Persistent negative rates now signal shorts remain elevated despi

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TruthX and Animoca Brands Jointly Release "2026 Q1 Top 220 KOL Report: Cryptocurrency Industry Trends Summary and Forecast"

April 16 – Credibility infrastructure platform TruthX, in partnership with Animoca Brands, has released the *2026 Q1 Top 220 KOL Report: Crypto Industry Trend Summary & Forecast*. In Q1 2026, the crypto market saw significant turbulence: Geopolitical and macroeconomic uncertainty deepened, the overvaluation-fueled old narrative quickly faded, and emerging areas like AI infrastructure and real-world assets (RWA) gained traction. Amid sharp volatility and rapid shifts, trend analysis became extremely challenging due to information overload. The collective insights of the world’s top 220 crypto KOLs have emerged as a critical reference for contextualizing the industry. TruthX analyzed their content via structured data and delivered forward-looking projections on upcoming trends, opportunity windows, and risk factors. This report allows users to quickly build a trend framework amid volatile markets and capitalize on opportunities in the next phase.

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