Ethereum, Arbitrum, and Noble ranked as the top three cross-chain bridge net inflows in the past week

On April 6th, according to Bitcoin Magazine, GameStop's plan for investing in Bitcoin has been named "Project Rocket." Previously, on April 2nd, after GameStop (GME) completed a five-year convertible bond issuance worth $1.3 billion, it may have either already begun or be on the verge of starting to purchase Bitcoin (BTC). According to a filing made after the U.S. stock market closed on Monday, the underwriters have fully exercised their $200 million over-allotment option, resulting in the total amount raised in this issuance reaching $1.5 billion. After deducting expenses, the company's net proceeds amount to $1.48 billion.

On April 6th, as per Cointelegraph, although SOL's price declined by 9% from March 28th to April 4th, Solana's on-chain metrics have remained robust. On April 2nd, the total value locked (TVL) for DApps on the Solana network reached 53.8 million SOL, attaining a new high since June 2022, which is equivalent to $6.5 billion, and leading BNB Chain by around $780 million. The key DApps include Jito, Jupiter, and Kamino. Simultaneously, DEX trading volume has demonstrated strength, with Solana capturing a 24% market share, surpassing BNB Chain (12%) and Base (10%). However, on April 4th, a substantial unlock of 1.79 million SOL generated selling pressure, combined with a decreasing interest in memecoins, resulting in uncertainty regarding a short-term price rebound. Despite being embroiled in MEV controversies, Solana continues to receive developer and user support in terms of underlying scalability and Web3 experience, thereby solidifying its position as the second-largest decentralized

On April 6th, according to The Block, in March, the majority of mainstream DeFi protocols on Solana, Ethereum, and BNB Chain experienced a more than 50% month-on-month decline in revenue. This reflects an overall slowdown in on-chain activity and transaction volume. Solana protocols generated a total revenue of approximately $42 million, a decrease of 55% compared to the previous month. PancakeSwap on the BNB Chain had a revenue of $21 million, a 54% decrease. Ethereum-based protocols such as Ethena, Lido, Aave, etc. had a total revenue of $24.5 million, dropping by more than 52%. The only protocol that showed growth was MakerDAO (now known as Sky), with March revenue reaching $10 million, an 11% increase compared to the previous month. DeFi tokens also demonstrated weakness, with the GMCI's GMDEFI index already down 40% year-to-date.

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%.

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%).

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