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As of April 18, GMGN market data shows the Chinese meme coin "Binance Life" surged sharply over the past hour, briefly topping $0.48 and currently trading at $0.4781.

Additional data from Arkham indicates the previously identified "Binance Life" whale group has been dormant since April 15, with no additional token inflows or outflows.

Per Coinglass data on April 18, RAVE once again surged above $27, pushing total liquidations for the crypto to $20.64 million over the past 24 hours—ranking third behind Bitcoin and Ethereum. Of that total, $18.34 million worth of short positions were liquidated, with the largest single liquidation hitting $161,500. Notably, even as RAVE’s price spiked sharply, the total open interest for its contracts has plummeted. As of press time, RAVE’s open interest has dropped to 25.4885 million native coins—an 83% decline from its April 11 peak of 150 million coins.

April 18: Satellite images show two Iranian oil refineries caught fire—just days after multiple crude oil storage tanks at the same facilities were damaged, per U.S. network NBC.

April 18th — Per ChainNews, all Ethereum (ETH) raised by Ethereum privacy layer-2 project Aztec in last year’s public sale has now been fully cashed out. The final 5,020 ETH ($12.33 million) was sent to Coinbase 9 hours ago. In December 2023, the project team auctioned 15% of its AZTEC tokens (15 billion total) and raised 19,388.4 ETH ($59.13 million at the time). The AZTEC fundraising price was $0.0473, and the token has since dropped by 50%. During its token generation event (TGE) in February 2024, the team withdrew 4,234.6 ETH ($12.91 million) from the auction proceeds to provide liquidity. The remaining 15,154 ETH ($37 million) was gradually transferred to Coinbase over the past three months, with the last tranche of 5,020 ETH sent early this morning.

On April 18, Japan’s Tokyo Metropolitan Government rolled out a business support program to boost adoption of yen-pegged stablecoins in society. The initiative will cover two-thirds of costs tied to use case development, with a maximum subsidy of 40 million yen per project. Applications close June 30. Officials noted projects will undergo comprehensive evaluation based on social significance, innovativeness, feasibility, future scalability, security, and risk management. Key priorities include anti-money laundering (AML) measures, user protection, and policies for responding to incidents or fraud. (Source: Coinpost)