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Pacifica Testnet Launches Vaults Feature, Allowing Users to Create or Join Strategy Vaults to Earn Yield

2 hours ago

On April 20, Solana ecosystem perpetual contract trading platform Pacifica (via https://app.pacifica.fi/?referral=pacbot) announced the official launch of its Vaults feature on testnet. Users can view existing vaults, deposit funds to follow yield-generating strategies, create custom vaults, set parameters (including deposit limits and profit-sharing ratios), and manage transactions. Additionally, users included in Pacifica’s April 18 snapshot are eligible for a weekly triple loyalty points bonus, per the announcement. To date, the platform has distributed ~333 million points and recorded a weekly trading volume of $24.55 billion.
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Strategy is currently at a unrealized loss of $195 million (-0.3%), while Bitmine is at a unrealized loss of $6.39 billion (-35.7%).

As of April 20: - Strategy holds 815,061 BTC (valued at $61.363 billion), with an average cost basis of $75,527 per BTC. Unrealized loss: $195 million (-0.3%), as current BTC prices hover near its cost basis. - Ethereum treasury firm Bitmine (BMNR) purchased ~101,627 ETH last week at $2,305 per ETH, totaling $2.34 billion. - Bitmine now holds 4,976,485 ETH (valued at $11.505 billion), with an average cost basis of $3,596 per ETH. Unrealized loss: $6.39 billion (-35.7%). ### Notes on U.S. English adaptation: 1. Used **"as of"** for clear date framing (standard in U.S. financial updates). 2. Simplified phrasing (e.g., "valued at" instead of redundant "with a total of" for asset worth). 3. Used **"cost basis"** (common U.S. financial term for average purchase price). 4. Abbreviated units ($B for billion, $M for million) for brevity (standard in U.S. finance). 5. Split into bullet points for scannability (typical of U.S. news/finance alerts). 6. Kept "~" for "approxima

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Tom Lee: Crypto Bear Market Nearing End, Ethereum Continues to Benefit from Two Bullish Narratives

On April 20, Bitmine Chairman Thomas “Tom” Lee stated: “We’re seeing growing signs the ‘Mini Crypto Winter’ is ending. With reduced downside risks tied to the U.S.-Iran conflict, ETH has rallied 41% from its early February low. Since the conflict began, ETH has outperformed the S&P 500 by 2,280 basis points and remains the top-performing global asset (excluding oil prices).” Ethereum continues to benefit from two key bullish narratives: Wall Street’s asset tokenization on blockchain and growing demand for a public, neutral blockchain for proxy AI systems. “In our view, ETH has emerged as the top ‘wartime store of value,’ and its market leadership since the conflict began carries significant weight,” Lee added. While many expect the crypto winter to linger until fall 2026, Lee’s team maintains the downturn is nearing its end. Every major crypto winter since 2015 has aligned with at least a 20% stock pullback: the 2025 crypto selloff coincided with a 20% S&P 500 drop, but the 2026

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Bitmine Increased Its ETH Holdings by 101,627 Coins Last Week

On April 20th, official sources reported that Bitmine added 101,627 ETH to its holdings last week—marking the fastest accumulation pace since the week of December 15, 2025.

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The U.S. government will begin refunding $166 billion in tariffs imposed during the Trump era

April 20 The U.S. government will launch a tariff refund process on April 20, following a Supreme Court ruling that deemed the prior tariff policy illegal. Companies can apply via a new customs system to recover tariffs levied earlier under emergency powers—since the court held only Congress has authority to impose tariffs, forcing the administration to revoke the policy. An estimated 330,000+ importers, covering 53 million shipments, may qualify for refunds. Approved claims will be processed with interest within 60–90 days, though reviews for complex cases may take longer. Officials note the refund process is large-scale and complex, but funds will be directly reimbursed to the companies that originally paid the tariffs.

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Iran's Response to Iran-US Negotiation: Undecided on Participation

An Iranian source with knowledge of the first round of Iran-U.S. talks said on April 20 that as of 3:00 p.m. local time (7:30 p.m. Beijing time) that day, Iran holds "deep distrust" of the U.S. due to its shifting words and actions, and has not yet decided whether to participate in the second round of the talks. The source noted that a U.S. attack on an Iranian commercial vessel on April 19 has further complicated the situation. (CCTV News)

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Iran has agreed to send representatives to participate in the second round of negotiations this week.

April 20 — Two Pakistani officials told the Associated Press on Monday that Iran has offered to send a delegation to Islamabad later this week for the second round of talks. Pakistan will not release itinerary details for either side due to security concerns.

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