10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

On April 22, GMGN monitoring data shows that the market capitalization of FLORK—an Ethereum-based meme coin—surged from $120,000 this morning to over $10 million in a short span, peaking at $10 million. It currently sits at $7.2 million, with a 24-hour gain of 1,800% and a corresponding trading volume of $8.7 million. BlockBeats reminds users that meme coin trading is highly volatile, primarily driven by market sentiment and hype, with no actual intrinsic value or use case. Investors should be aware of the associated risks.

**SpaceX Teams Up with AI Coding Tool Cursor for Next-Gen Work AI; $60B Acquisition Option, $10B Fallback Term** Cursor, the AI programming platform built by startup Anysphere, closed a $400,000 Pre-Seed funding round in April 2022, with investors including Alameda Research and Heroic Ventures. Alameda put in $200,000 for an approximate 5% stake in Anysphere. Per FTX’s bankruptcy filing, the FTX bankruptcy trustee sold Alameda’s Anysphere stake for $200,000 in April 2023. Today, SpaceX announced a partnership with Cursor to co-develop next-generation AI for coding and knowledge work. Key terms: Cursor grants SpaceX an option to acquire the company for $60 billion later this year; if SpaceX declines the option, it will pay a $10 billion collaboration fee. With Cursor now valued at $600 billion, the equity previously sold by the FTX trustee is estimated to be worth around $3 billion.

April 22nd: Bitcoin has surged above $77,000, according to Coinglass data. Current funding rates across mainstream centralized (CEX) and decentralized (DEX) exchanges point to an overall bearish market, with specific rates detailed in the attached chart. BlockBeats Note: Funding rates are fees set by crypto exchanges to align contract prices with the underlying asset’s value—typically applied to perpetual contracts. The rate facilitates fund transfers between long and short traders; exchanges do not collect this fee directly. It adjusts the cost or profit for traders holding contracts to keep contract prices close to the underlying asset’s price. Rate Benchmarks: - A 0.01% rate is the baseline. - Rates above 0.01% signal a generally bullish market. - Rates below 0.005% indicate a generally bearish market.

April 22 — Hyperliquid is set to launch perpetual contracts for USDAI (CHIP) with up to 3x leverage, per official sources.

April 22 — Al Jazeera’s Alan Fisher notes Trump has been inconsistent on ceasefire stances and whether to take military action, a development poorly received by markets. All major U.S. stock indices closed lower amid concerns over Middle East uncertainty. However, some argue Trump’s approach is deliberate — a trait not often linked to the typically impulsive, reactive former president. Markets are now waiting for Iran’s response, per FXStreet.