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Jack Dorsey's Bitcoin Faucet Event has started, and users can earn BTC rewards through Block's ecosystem products

2 hours ago

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.
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China's Central Bank Increases Gold Holdings for 17th Consecutive Month

April 7 — The People’s Bank of China (PBOC) reported that China’s gold reserves hit 74.38 million ounces (roughly 2,313.48 metric tons) at the end of March, up 160,000 ounces (about 4.98 tons) from February. At the end of last month, reserves stood at 74.22 million ounces (around 2,308.5 tons), marking the 17th straight month of gold accumulation.

11 minutes ago

Binance Will Delist BNB/TUSD, GRT/BTC, SOL/TUSD, and TRUMP/BRL Spot Trading

On April 7, Binance announced it will delist and cease trading for the following spot trading pairs at 11:00 AM UTC+8 on April 10: BNB/TUSD, GRT/BTC, SOL/TUSD, and TRUMP/BRL.

11 minutes ago

UBS Lowers Gold Price Forecast at End-June to $5,200/oz

On April 7, UBS cut its gold price forecast for the end of June to $5,200 an ounce, citing cooling investor demand amid rising market volatility. (Source: IG)

11 minutes ago

A Whale Simultaneously Shorted BTC and ETH, with a Short Position of $11.7 Million

April 7th: Per HyperInsight monitoring, a whale with an address starting at 0x610 closed a long position via stop-loss, then in the past 10 minutes opened two short positions: - A 25x-leveraged ETH short at an average price of $2,100, with a size of 3,000 ETH (≈$6.3 million); - Simultaneously, a 17x-leveraged BTC short at an average price of $68,550, with a size of 140 BTC (≈$9.6 million). HyperInsight monitoring

11 minutes ago

Binance to Update Multiple Cross Collateralization Leverage and Margin Tiers for USDT-Margined Futures Contracts

April 7 — Binance Futures announced today that it will update the leverage and margin tiers for multiple U-margined perpetual contracts on April 10 at 14:30 Beijing time. The affected contracts include XPLUSDT, FFUSDT, 0GUSDT, WIFUSDT, WUSDT, ZENUSDT, LINEAUSDT, NMRUSDT, PROVEUSDT, BERAUSDT, SNXUSDT, KAITOUSDT, SUSHIUSDT, MOODENGUSDT, ERAUSDT, TRBUSDT, SPKUSDT, and BIOUSDT. The update is expected to take roughly one hour to finish, and existing positions will be impacted.

11 minutes ago

Binance will gradually roll out Spot Price Range rules execution

On April 7, Binance announced it will gradually implement the Price Range Enforcement Rule (PRER) for spot trading starting April 14, 2026. The rule aims to prevent user orders from executing at abnormal prices amid extreme market volatility, limiting executions to a dynamic price range to uphold a fair and orderly market environment.

11 minutes ago

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