The largest SOL treasury company, Forward Industries, has deposited 1.443 million SOL into Coinbase Prime.

On April 7, Block—co-founded by Twitter co-creator Jack Dorsey—kicked off a Bitcoin faucet event at 12:00 UTC+8. The total prize pool is roughly $1 million in BTC (equivalent to about 15 BTC). The event will run through April 10 or until funds are depleted. Unlike traditional fully free faucets, this one requires users to earn BTC by purchasing, using, or self-custodying Bitcoin via Block’s ecosystem tools—including Cash App, Square, and Bitkey. Each participant can claim up to ~$80 worth of BTC. Real-time total redemption data has not been publicly released by the official website as of now.

On April 7th, BlueBay Chief Investment Officer Mark Dowding noted in a report that Japanese Prime Minister Kishida is strongly focused on driving economic growth. With that priority in mind, some expect he would favor delaying the Bank of Japan’s (BOJ) interest rate normalization. However, Dowding added that the BOJ’s more dovish stance could fuel concerns about extended inflation overshoots, pressuring Japan’s government bond yield curve. “We continue to anticipate further flattening of the 10-to-30-year Japanese government bond yield curve over the medium term,” Dowding said. (Source: Krypton Data APP)

**Binance Wallet Update: Sentio (ST) Pre-TGE Event Details** On April 7th, Binance Wallet confirmed users need a minimum of 243 Alpha Points to join the Sentio (ST) Pre-TGE event. Participation deducts 15 points, and the event runs today from 4:00 PM to 6:00 PM.

**April 7th** — Per a diplomatic memo obtained by The Times, Iran’s Supreme Leader Ayatollah Ali Khamenei is reportedly incapacitated and receiving medical treatment in Qom, a central Shia holy city 87 miles south of Tehran. The memo states Khamenei is in critical condition, comatose, and unable to participate in any government decision-making amid treatment for a severe health issue. This marks the first disclosure of Khamenei’s whereabouts. While U.S. intelligence agencies previously claimed to have information on his location, the impending deadline set by former President Donald Trump adds significant uncertainty to the already volatile Persian Gulf if a leadership vacuum emerges in Iran.

April 7 – Per alternative data, today’s cryptocurrency Fear & Greed Index is 11 (down from 13 yesterday), with market "fear" sentiment edging slightly higher. Note: The index ranges from 0 to 100, incorporating these metrics: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin’s Market Dominance (10%) + Google Trends Analysis (10%).

On April 7, Coinglass data shows that as Bitcoin rebounded slightly and briefly topped $69,000, funding rates across major centralized exchanges (CEX) and decentralized exchanges (DEX) leaned predominantly bearish. Specific funding rate details are included in the attached image. **BlockBeats Note**: Funding rates are fees exchanges set to keep crypto contract prices in line with underlying asset values—most commonly applied to perpetual contracts. They facilitate fund transfers between long and short traders; exchanges do not collect these fees. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to the underlying asset’s price. **Rate Benchmarks**: - 0.01% = Baseline - Above 0.01% = Broadly bullish - Below 0.005% = Generally bearish