Moonbirds Floor Price Surges Over 16% in 7 Days, Trading Volume Exceeds 1000 ETH

On April 4, data from Coinglass shows that as Bitcoin trades within a narrow range, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate a slight easing of bearish sentiment in the market. Specific funding rate details are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset values. This mechanism facilitates fund transfers between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of contract holders to maintain price parity between contracts and their underlying assets. A 0.01% funding rate acts as the baseline: rates above 0.01% signal generally bullish sentiment, while rates below 0.005% indicate a predominantly bearish outlook.

On April 4th, per Coinglass data, total crypto liquidations across the network hit $133 million over the past 24 hours, with $77.83 million in long position liquidations and $54.89 million in short position liquidations.

**April 4th – Federal Reserve official Daly said the U.S. economy no longer needs to generate large numbers of jobs to keep the employment-population ratio steady. In this environment, monthly hiring figures no longer accurately reflect labor market health, and the unemployment rate is a more reliable measure.** **“Ratios and indicators like the employment-population ratio, unemployment rate, quit rate or hiring rate capture changes in workforce size, making them clearer reflections of labor market health,” she stated.** **Source: FX678**

On April 3, a senior Israeli official told Axios that Israel called off a planned strike on Iran to avoid hindering a rescue operation.

On April 3, Bloomberg reports the U.S. has doubled reinsurance guarantees for vessels transiting the Strait of Hormuz to $40 billion, adding new partners including American International Group (AIG) and Berkshire Hathaway. The U.S. International Development Finance Corporation (DFC)—which launched a $20 billion reinsurance plan last month—said Wednesday the extra $20 billion in support comes from insurers Travelers, Liberty Mutual, Berkshire Hathaway, AIG, Starr, CNA, and Chubb. DFC CEO Adam Boehler noted in a statement: “These top U.S. insurers bring deep expertise in maritime and war risk coverage, boosting our efforts to restore confidence in global maritime trade.” The agency added it will collaborate with partners to vet qualifying vessels. Eligible applicants must submit details including the vessel’s origin/destination, primary beneficiary and location, cargo owner and location, and lender financing information for the ship.

On April 3rd, per Iran's Press TV citing an Iranian official, Iran can keep the Strait of Hormuz closed for years and would cut off U.S. military logistical support.