Analyst: BTC Seller Ratio Drops to 0.086%, Signaling Potential Bitcoin Price Rebound

On April 1st, according to official information, the blockchain-based artificial intelligence computing protocol Gensyn announced that its testnet has officially commenced. Users are able to run nodes, train personal models, and monitor their participation in the cluster.

On April 1st, Larry Fink, the CEO of BlackRock, stated in his annual letter published on Monday that a significant number of people he has had conversations with are apprehensive about an economic recession. The concerns of many individuals originate from the ambiguity of the tariff policy of the Trump administration. In the letter, Fink wrote, "I have encountered such expressions from nearly everyone I have engaged in discussions with. Their worries regarding the economy surpass those in any recent period in memory." Earlier this month, during an interview, Fink said, "The collective influence in the short term is that the market is retreating. When communicating with CEOs across the entire economic sector, they claim that the economy is weakening." Nevertheless, in his annual letter, Fink's tone takes on a different character. He did not elaborate on the specific details of the widespread economic uncertainty within the financial industry. Instead, he pointed out the tenacity of th

On April 1st, based on HTX market data, Bitcoin's first-quarter return rate was -11.82%, and Ethereum's first-quarter return rate was -45.41%, both achieving their worst performance since 2019. In 2018, Bitcoin's first-quarter return rate was -49.7%, and Ethereum's first-quarter return rate was -46.61%.

On April 1st, as reported by Bitcoin Magazine, US Senator Tommy Tuberville is going to introduce a bill that will enable Americans to invest their retirement funds in Bitcoin and cryptocurrency.

On April 1st, according to Decrypt, Chairman of the House Financial Services Committee, French Hill, stated on Monday that the personal cryptocurrency transactions of President Trump and his family have made the drafting of legislation for this emerging field "more complicated," which marks a rare criticism by a key member of the U.S. Congressional Republican leadership of the President's personal activities. Hill specifically referred to President Trump's meme coin and stablecoin projects, believing that these two initiatives have had a negative impact on lawmakers' efforts to establish rules for the digital asset industry.

On April 1st, as per official channels, Berachain's ecosystem transaction aggregation platform Ooga Booga made the following announcement regarding the OOGA tokenomics model: Team Allocation: 18%, with a 6-month lock-up period, followed by a linear release over 24 months; Advisor Allocation: 1.35%, having a 6-month lock-up period and then a linear release over 24 months; Investor Allocation: 19.15%, unlocked without any lock-up and with a linear release over 24 months; Community Incentives Allocation: 20%, fully unlocked at the Token Generation Event (TGE); Ecosystem Allocation: 30%, fully unlocked at the TGE; Community Public Sale Allocation: 1.5%, fully unlocked at the TGE; Airdrop Allocation: 10%, fully unlocked at the TGE. In addition, Ooga Booga also announced that it will conduct two public sales with a Fair Distribution Value (FDV) of $30 million.