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Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

2025.04.18 13:08:11

On April 18th, according to Etherscan data, the gas fees of Ethereum continue to decline and are currently at 0.352 Gwei.
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Analyst: Bitcoin Currently in Mid-Cycle, Extreme Fear Sell-Off Easing

March 7th, cryptocurrency market analyst Axel Adler Jr. took to social media to note that Bitcoin is currently in the mid-stage of its current cycle. The NUPL-MVRV Harmonic Composite Indicator stands at 0.33, while bottoms in the past few cycles have typically occurred near the -0.5 level. The indicator also signals that cycle lows are gradually rising, meaning extreme fear-driven selling in the market is weakening. However, the metric remains well above historical bottom levels, so a widespread capitulation sell-off has not yet been confirmed.

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This week, the US Bitcoin spot ETF saw a net inflow of $568 million

As of March 7, Farside Investors monitoring shows the total net inflow of U.S. Bitcoin spot ETFs this week reached $568 million. Key fund-level flows are as follows: - BlackRock IBIT: +$660 million - Fidelity FBTC: -$153 million - Bitwise BITB: -$24.2 million - ARK ARKB: -$6.9 million - Jane Street BTCO: +$15.3 million - Franklin EZBC: +$22.5 million - Valkyrie BRRR: +$17 million - VanEck HODL: +$10.3 million - WisdomTree BTCW: +$16.5 million - Grayscale GBTC: -$35 million - Grayscale BTC Mini: +$46 million

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Iranian President: Will Never Surrender Unconditionally, Apologizes to Neighboring Countries

Local time March 7 — Iranian President Ebrahim Raisi delivered a speech urging national unity to defend Iran, vowing the country will never surrender unconditionally. In his remarks, Raisi apologized to neighboring countries, noting that a temporary leadership council approved a measure on March 6 stating Iran will no longer attack neighboring states or launch missiles unless those countries strike first. (CCTV News)

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Iran: Will Not Initiate Attack on Neighboring Country or Missile Strike

On March 7, Iranian President Ebrahim Raisi said his Provisional Presidential Office has approved a policy: Iran will not launch any attacks or missile strikes against neighboring countries unless attacks targeting Iran originate from those nations. (FX168)

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Whale Investor Pension-USDT.eth Initiates Position Reduction of Its Bitcoin Short Trade

March 7: Per monitoring from HyperInsight (via their Telegram channel: https://t.me/HyperInsight), the whale address pension-usdt.eth is reducing its Bitcoin short position. The address initially held a 1,000 BTC short, which has now been cut to 900 BTC, with unwinding still ongoing.

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Bitcoin Dips Below $68,000

March 7 — Bitcoin dips below $68k, currently trading at $67,501 per HTX market data.

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