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Michael Saylor: Bitcoin is a short-term risk asset due to its high liquidity.

4 days ago

On April 4th, Michael Saylor responded to the "Bitcoin's Correlation with the Stock Market" matter on the X platform. He stated that in the short term, Bitcoin behaves like a risk asset as it is the most liquid, most saleable, and all-weather asset on Earth. During times of panic, traders will sell what they can sell rather than what they wish to sell. This does not imply a long-term correlation; it simply means that it is always available.
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Hashed Official deposited 17.03 million SAND to Binance, worth $4.1 million

On April 8th, as monitored by OnchainLens, Hashed Official transferred 17.03 million SAND to Binance. The value of this transfer was $4.1 million, and it is possible that this amount has already been sold. Hashed Official led a $2.5 million investment in SAND on May 22, 2019. As of now, it still holds 25.55 million SAND, which is worth $6.15 million.

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Asia-Pacific Stock Market Rebounds Today, Nikkei 225 Index Surges 6% at Close

On April 8th, based on market data, the Asia-Pacific stock market rebounded today: The Nikkei 225 Index closed with a gain of 1876.00 points today, rising by 6.03% to reach 33012.58 points, following a 7.83% decline yesterday. The South Korean KOSPI Index closed up by 6.02 points today, increasing by 0.26% to be at 2334.22 points, after a more than 5.57% decline yesterday. The A-share Shanghai Composite Index is currently at 3134 points, up by 1.25% today, after a 7.34% drop yesterday. The A-share Shenzhen Component Index is currently at 9405 points, up by 0.46% today, after a 9.66% drop yesterday.

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Bridgewater's Ray Dalio: We Are in a "Classic Crash" of the Monetary, Political, and Geopolitical Order, with Tariffs Signaling Greater Cyclical Change

April 8th: The billionaire hedge fund manager and the founder of Bridgewater Associates, Ray Dalio, wrote that although the current market and economic focus on tariffs is significant, deeper global issues should not be ignored. He pointed out that we are in a stage of the "classic collapse" of monetary, political, and geopolitical orders. This is a situation that may only happen once in a lifetime but has occurred multiple times in history. Dalio suggested not to be distracted by short-term events like tariffs and instead focus on the interaction of five major forces (economic, political, geopolitical, natural, and technological). Studying similar historical cycles (such as currency crises) can assist in predicting the future. "The current changes are part of a historic large cycle. Tariffs are just a manifestation, and the true driving force is the structural collapse of the monetary, political, and geopolitical order. Understanding the interaction of these forces and learning from

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Affected by the delisting news, tokens such as BAL experienced a sharp short-term drop.

On April 8th, based on market information, the prices of tokens like BAL witnessed a significant short-term decline due to delisting news. In a short period, BAL dropped by more than 10% and is now trading at $0.99. BADGER also dropped by more than 9% in a short while and is now trading at $1.011. CREAM saw a more than 20% drop in a short period and is now trading at $3.07.

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USDC Treasury Burns Approximately 51 Million USDC on Ethereum Chain

On April 8th, as monitored by Whale Alert, at around 1:26 PM (Beijing time), the USDC Treasury burned 51 million USDC on the Ethereum blockchain.

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FARTCOIN Pulls Back After Breaking $0.6, With a 24-hour Gain of 29.1%

On April 8th, according to HTX market data, FARTCOIN saw a drop after surpassing $0.6 and is currently priced at $0.5784, with a 24-hour increase of 29.1%.

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