Bitcoin Drops Nearly 3% in 10 Minutes, Now Trading at $85,890

On April 4th, as per CoinDesk, WisdomTree is in the process of expanding its institutional investment platform, WisdomTree Connect. This expansion is from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently provides 13 tokenized funds that cover a variety of investment strategies such as money markets, stock indices, and fixed income. All of these funds have been registered with the U.S. Securities and Exchange Commission (SEC).

April 4th. According to CoinDesk, the investment firm Republic is scheduled to acquire the cryptocurrency exchange operator INX Digital (INXDF) with a valuation of up to $60 million. Republic's subsidiary, Republic Strategic Acquisition, will obtain all of INX's outstanding shares. The transaction is anticipated to be completed within eight months, contingent upon specific conditions. Republic has already been a shareholder of INX, having purchased 9.5% of the company in 2023. After the completion of the transaction, Republic will be fully incorporated into INX's operations.

On April 4th, Federal Reserve Vice Chair Jefferson stated that there is no necessity to be overly hasty in adjusting the policy interest rate. The current policy rate is designed to be able to handle risks and uncertainties. (Xinhua News Agency)

On April 4th, as reported by The Block, Matcha, the decentralized exchange aggregator developed by 0x, has expanded to Solana. It has become one of the first DEX aggregators to support trading on both the SVM and EVM-compatible blockchains, achieving this through a single application. 0x and Matcha's co-founder and CEO, Will Warren, stated in a declaration: "We are excited to bring Matcha to Solana, allowing traders to access both the Solana and EVM ecosystems seamlessly in one place." 0x is a backend protocol designed to enable the operation of decentralized exchange platforms, but it is not a DEX itself. Matcha is a frontend platform built by 0x Labs. It leverages 0x's aggregation service as well as other liquidity sources such as Uniswap, SushiSwap, and 1inch to provide users with the best trade prices.

On April 4th, as per an official announcement, Coinbase Pro is going to list NIL, VINE, GUN, and EDGE perpetual contracts on its international platform.

On April 3rd, as per official channels, the AI and Bitcoin-focused education firm Genius Group announced that it has received an order from the United States Southern District of New York Court to halt financing, sell shares, and utilize investor funds to purchase Bitcoin. Genius Group has been compelled to reduce its Bitcoin holdings from 440 to 430 in order to keep operations going and is currently appealing the ruling. The injunction arises from a legal dispute related to Fatbrain AI (LZGI). Genius warns that if the injunction persists, it will pose a significant threat to its normal operations.