Bitcoin Surges Above $78,000

April 24 — Per official sources, MegaETH has announced its TGE is scheduled for April 30. ### Notes on American English adaptation: 1. **Date formatting**: Uses a dash (`—`) instead of hyphen for readability (common in U.S. news/announcements). 2. **Conciseness**: Replaced "According to official sources" with the more compact "Per official sources" (natural in U.S. media for brevity). 3. **Verb choice**: Swapped "conduct" for "scheduled for" (more idiomatic for event announcements in U.S. English, emphasizing timing clarity). 4. **Flow**: Streamlined the sentence to match U.S. news style (direct, no unnecessary clauses). No Chinese characters included, strictly U.S. English phrasing.

On April 24, Belarus will greenlight the operation of “crypto banks” that support 26 cryptocurrencies—including Bitcoin, Ethereum, TON, and SOL—and offer 11 services: deposits, loans, staking, transfers, token issuance, and transactions.

On April 24, Greeks.live shared April 24 options expiration data on social media: - 109,000 BTC options expired, with a put-call ratio (PCR) of 0.93, max pain at $72,000, and nominal value of $8.55 billion. - 563,000 ETH options expired, with a PCR of 0.72, max pain at $2,200, and nominal value of $13.2 billion. This week, markets extended their rebound: Bitcoin surged past $78,000, Hong Kong’s Web3 Summit buzzed with bullish sentiment, and the altcoin market heated up. Notably, this is a monthly expiration cycle, with 25% of options set to expire now. For open interest maturity breakdown, 12% of outstanding contracts expire end-May, while 24% expire end-June. Key options metrics: - Bitcoin’s front-month implied volatility (IV) has trended lower this month, with most tenors down 1–2 percentage points to below 40%. - Ethereum’s front-month IV has fallen further, currently ~60%. Despite price gains, skew has eased, and there’s no sign of FOMO (fear of missing out) in

April 23 – Israeli Defense Minister Katz said after a situation assessment on the 23rd that Israel is ready to reignite conflict with Iran, adding it’s “only waiting for the U.S. green light.” (CCTV News)

April 23rd — Onchain Lens monitoring shows Morgan Stanley bought ~143.34 BTC roughly an hour ago, valued at about $11.17 million. The firm now holds 1,964 BTC, worth approximately $153.41 million.

As of April 23, Bitcoin is inching toward $80k in a gradual rebound—analysts note this signals a meaningful market structure improvement, though investor confidence still faces tests. On April 21, spot Bitcoin ETFs posted net inflows of over $11.8M (six straight days of gains), while spot Ethereum ETFs saw ~$43.4M in net inflows (nine consecutive days of positive flows). Glassnode says Bitcoin has broken above its $78.1k "realized market value" for the first time since mid-January—marking a notable reversal after months of weak structure. Still, the short-term holder cost basis sits at $80.1k, acting as direct overhead resistance. Glassnode analysts note a move to $80k would put over 54% of recent buyers in the black—a threshold historically tied to the end of bear market rebounds. Short-term holder profits have surged to $4.4M per hour, nearly triple the $1.5M seen at each of this year’s local tops. Bitfinex analysts are more bullish on the medium term: Wallets holding 1,000+ BT