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Bitcoin Drops Below $76,000

3 days ago

On April 7th, based on HTX market data, Bitcoin dropped below $76,000, experiencing a 24-hour decline of more than 9%.
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A Whale Long BTC with 40x Leverage, with an Unrealized Gain of $4.27 Million

On April 10th, as observed by LookOnChain, a whale took a long position on BTC with a leverage of 40 times and accumulated an unrealized profit of $4.27 million. Just 11 hours prior to this, the whale closed a short position on ETH on the MUX platform and switched to a long position on BTC.

8 minutes ago

Key Transaction Data: US 10-Year Treasury Yield Falls to 4.259%, MOVE Index Drops to 128.8294

On April 10th, according to market data, the yield of the U.S. 10-year Treasury dropped to 4.259% due to the influence of the Trump administration's tariff suspension policy. It decreased by nearly 3.07% in the past 24 hours. In addition, the MOVE Index fell to 128.8294, with a 7.9% decrease in the past 24 hours.

8 minutes ago

sUSD continues to trade below its peg, currently priced at $0.906

On April 10th, based on market data, sUSD continues to experience depegging. The lowest price reached $0.869 and it is currently trading at $0.906. In previous news, Synthetix founder Kain mentioned that the sUSD peg repair mechanism is in the process of transition. They have sold 90% of their ETH holdings and increased their SNX position.

8 minutes ago

Arthur Hayes: Trump's Tariff Pause Once Again Confirms the Validity of the MOVE Indicator, Next Bitcoin Price Movement May Differ from This One

On April 10th, due to the Trump tariff suspension policy, the current MOVE Index has rapidly dropped to 128.83, which is below the key threshold of 140. Arthur Hayes commented on this and confirmed the effectiveness of the MOVE Index. He said, "We will be back soon. Enjoy your time while the party lasts. Next time, BTC may not enter a downturn simultaneously with stocks first; instead, it may continue to surge."

8 minutes ago

Binance Subsidiary Awarded Bahrain Payment Service Provider License

On April 10th, the Central Bank of Bahrain (CBB) granted a Payment Service Provider (PSP) license to Binance subsidiary BPay Global, enabling it to operate in the Kingdom of Bahrain. This PSP license will permit the company to provide fiat currency services to Binance's global customers, such as fiat deposits and withdrawals, custody, and other payment services. Additionally, this is the first PSP license acquired by a Binance subsidiary.

8 minutes ago

21Shares Submits Dogecoin ETF Filing in the United States

On April 10th, according to Bloomberg analyst James Seyffart, following the similar applications made by competitors Bitwise and Grayscale, the digital asset management company 21Shares has submitted an application to the US Securities and Exchange Commission to launch a Dogecoin spot exchange-traded fund. The 21Shares Dogecoin ETF aims to track the price of the memecoin Dogecoin. According to the company's S-1 filing registration statement submitted on April 9th, the Dogecoin Foundation-affiliated company House of Doge intends to assist 21Shares in marketing the fund.

8 minutes ago

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