Bitcoin Drops Below $83,000
On April 5th, based on HTX market data, Bitcoin dropped below $83,000 and is currently trading at $82,896, experiencing a 24-hour decrease of 0.06%.
2 hours ago
Cathie Wood: Trump Could Adjust Tariff Policy for Midterm Elections
On April 5th, Cathie Wood, the Founder and CEO of Ark Investment Management, issued a warning on Friday. She stated that Trump's new tariffs might lead the U.S. into a recession. Referring to the uncertainty caused by these measures, she said, "The market is in a state of considerable turmoil. These policies have the potential to tip the U.S. into a recession. We understand how he calculates reciprocal tariffs, but it doesn't seem to be very reasonable. We are at the center of the storm. However, if Trump is concerned about his political legacy - and we are aware that he is - or if he cares about the midterm election campaign season starting this fall, then the later part of this rolling recession will provide him and the Fed with more room to adjust policies." (Golden Finance)
2 hours ago
Trump: Tariff Policy is Bringing Back Job Opportunities and Businesses, America Will Win
On April 5th, U.S. President Trump once more offered comments on tariff policy via Truth Social. He stated, "The influence of reciprocal tariff policies on our counterparts is significantly greater than that on the United States. Many countries' retaliatory measures against us are intense and unsustainable. We used to be a foolish and helpless 'punching bag,' but that is no longer the case. We are bringing back job opportunities and businesses at an unprecedented rate. There has been more than five trillion dollars in investment, and it is on the verge of a rapid increase! This is an economic revolution, and we will emerge victorious. Remain steadfast; it won't be straightforward, but the ultimate outcome will be of historic significance. We will make America great once again!!"
2 hours ago
X.me entrusts BKT Solutions to provide cryptocurrency services
On April 5th, as per official information, X.me intends to incorporate digital wallet services in order to offer a more secure encrypted asset storage solution and enhance user service. To achieve this, X.ME has formed a partnership with the cryptocurrency service provider BKT Solutions to make use of its technical support and industry expertise to guarantee the provision of secure and reliable encrypted asset storage services. In the days to come, X.me and BKT Solutions will engage in more in-depth cooperation in the realm of cryptocurrency.
2 hours ago
Ethereum, Arbitrum, and Noble ranked as the top three cross-chain bridge net inflows in the past week
On April 5th, according to data from DefiLlama, the net inflow of funds into Ethereum Layer 1 cross-chain bridges reached $3.4503 billion within the past week, outpacing other public blockchains. Closely following are Arbitrum and Noble, with net inflows of $2.9104 billion and $19.79 million, respectively.
Bera, Sei, and BSC witnessed net outflows of $2.92 billion, $33.21 million, and $30.70 million, respectively.
2 hours ago
Total Bitcoin Open Interest Across All Exchanges Reaches $53.5 Billion
On April 5th, according to Coinglass data, the total open interest of Bitcoin futures contracts on the network amounts to 638,920 BTC (approximately $53.5 billion).
Among them, the open interest of CME Bitcoin futures is 140,510 BTC (approximately $11.76 billion), ranking first.
The open interest of Binance Bitcoin futures is 106,390 BTC (approximately $8.91 billion), ranking second.
2 hours ago