Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

April 28 – International oil prices rallied sharply on Tuesday (April 28), with WTI crude’s intraday gain widening to 2.00% and last trading at $98.52 per barrel. Brent crude gained more than 2.00% intraday, currently at $103.90 per barrel, per data from Bitget. ### Notes on U.S. English adaptation: 1. **Date clarity**: Added "on Tuesday" (common in U.S. financial briefs to anchor the date) 2. **Verbs**: Used "rallied sharply" (more natural for U.S. market reporting than "surged rapidly") and "widening" (standard for tracking expanding gains) 3. **Tone**: Concise, active voice (matches U.S. news wire style) 4. **Attribution**: Placed "per data from Bitget" at the end (typical for U.S. financial briefs to prioritize key price info first) 5. **Pricing**: Used "last trading at" (common for real-time/intraday updates) and "currently at" (consistent with intraday context)

Per X Data, the official Monad Twitter account has been frozen as of April 28. There is currently no official explanation for the freeze, and neither the Monad team nor X has issued a formal statement. Notably, X has recently conducted a large-scale cleanup in the Crypto/Web3 space targeting bot activity, spam, automated behavior, or inauthentic accounts. Many accounts have been impacted, including those of some memecoin projects and tool-focused accounts.

Bitcoin Falls Below $77k on April 28, CoinGlass Data Shows; Bearish Sentiment Persists in Funding Rates As of April 28, Bitcoin has dropped below $77,000, per data from Coinglass. Current funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges signal an overwhelmingly bearish market outlook. A BlockBeats note clarifies: Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. This mechanism facilitates fund exchanges between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of position holders to keep contract prices close to the underlying asset’s value. Key funding rate benchmarks: - 0.01% = benchmark rate - Above 0.01% = bullish sentiment - Below 0.005% = bearish sentiment (Note: The attached image includes specific funding rate figures.)

April 28th — Per GMGN monitoring data, the Solana meme coin **SCAM** surged 40% in one hour, briefly topping $20 million to hit a new all-time high (ATH). It has since retraced to $15 million, with 24-hour trading volume reaching $37.6 million. On the news front: The Musk vs. OpenAI case has wrapped up jury selection and is set to kick off its official trial this Tuesday local time (9:00 AM ET / 12:00 AM UTC+8 on April 29 Beijing time). Outside the courthouse, Musk took to X (formerly Twitter) multiple times today—tweeting and commenting—to dub OpenAI CEO Sam Altman “Scam Altman.” In the past hour, he also replied to tweets with negative remarks about Altman. BlockBeats reminds users: Meme coin trading is extremely volatile, heavily tied to market sentiment and meme-driven hype, with no real value or use case. Investors should be aware of the risks.

April 28 — Binance Leverage will delist the following leverage trading pairs on May 1, 2026, at 2:00 PM UTC+8, per an official announcement: Isolated Margin Trading Pairs: TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, DOT/BTC; Cross Margin Trading Pairs: TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, DOT/BTC.

OKX will officially launch its USD-margined linear perpetual contract (X-Perp) across web, app, and API platforms at 15:00 UTC+8 on April 28, 2026, per official sources. The initial supported trading pair will be XAUUSD UM (X-Perp).