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The US Ethereum Spot ETF has seen a cumulative net outflow of $50 million this week

14 hours ago

On April 5th, based on farside data, the US Ethereum spot ETF witnessed a total net outflow of $50 million during this week.
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Bitcoin Surges Above $83,000

On April 6th, based on HTX market data, Bitcoin saw a rebound and exceeded $83,000. The 24-hour decline was narrowed to 0.95%.

5 hours ago

Crypto Fear \& Greed Index Rises to 30, Market Still in "Fear" State

April 6th. Based on alternative data, today's Crypto Fear and Greed Index has increased to 30, which is higher than 28 yesterday (the average of last week was 26), and the market sentiment still remains in a "Fear" state. Note: The threshold of the Fear Index is from 0 to 100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Percentage of the Overall Market (10%) + Google Trends Analysis (10%).

5 hours ago

Analyst: No country can win in a global trade war, Bitcoin price will soar as a result

On April 6th, according to Jeff Park, an analyst at Bitwise, President Trump's trade policy is likely to trigger global macroeconomic turbulence and a short-term financial crisis. This, in turn, will ultimately lead to a greater adoption of Bitcoin as a store of value asset. Park believes that the economic instability resulting from the trade war will compel governments around the world to adopt inflationary fiscal and monetary policies, further devaluing fiat currencies. As a result, there will be a global search for alternative store of value assets (such as Bitcoin) as a hedge. The analyst concluded that this increased demand for Bitcoin will significantly drive up its price in the long term. Park had previously predicted the immediate impact of the trade war in a tweet on February 2nd, stating that "The cost of tariffs is likely to be shared through higher inflation by the US and its trading partners, but the impact on foreign countries will be relatively greater. These countries

5 hours ago

An whale has undelegated 10,321 ETH and deposited it into Binance, equivalent to approximately $18.46 million

On April 6th, as monitored by OnchainLens, a whale unstaked 10,321 ETH two hours ago. The value of these ETH is $18.46 million, and they were deposited into Binance.

5 hours ago

London Police Partner with Law Firm to Launch Civil Asset Crypto Recovery Scheme

On April 6th, as per the report by Decrypt, the London City Police have joined forces with the law firm Gowling WLG to initiate a civil asset recovery plan. This plan is primarily targeted at cases where criminal prosecution is not feasible, presenting an opportunity for victims of cryptocurrency fraud to regain their assets. Previously, in a pilot project, the UK police successfully retrieved £520,000 (approximately $671,000) worth of stolen cryptocurrency for an 80-year-old man. This recovery action was made possible by updates to the Proceeds of Crime Act 2002, which granted the police the authority to freeze stolen digital assets. Bríd Holden, the Director of Gowling, expressed the hope that through this collaboration, the willingness of victims to report cases will rise. They will coordinate the recovery work between the police and the victims as well as their legal representatives to combat organized crime groups.

5 hours ago

Morgan Stanley Predicts Apple Supply Chain to be Hit Hard by Tariffs, iPhone Prices Could Soar

On April 5th, following U.S. President Trump's announcement of the "equal tariff" plan, Apple's stock price took a heavy hit for two consecutive trading days, resulting in a significant shrinkage of the market value. According to the estimation of investment bank Morgan Stanley, imposing tariffs on China will increase Apple's costs by approximately $8.5 billion annually. Reuters cited analysts as stating that if Apple fully passes on the tariff costs to consumers, the retail price of the iPhone 16 Pro Max in the U.S. will rise from the current $1599 to $2300 (approximately ¥16,750). During Trump's first term, Apple started to diversify its supply chain. However, the Trump administration plans to impose high "equal tariffs" on Southeast Asian countries, which will undoubtedly have a severe impact on Apple's supply chain. (Jinse)

5 hours ago