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

April 24 — According to GMGN monitoring (via the link: https://t.me/gmgnaibot?start=i_m4TE56o8), on-chain meme coin FLORK surged 80% in one hour, peaking with a market cap jump of over $15 million. It hit a new all-time high of approximately $12.7 million, posting an 110% 24-hour gain and $11.2 million in trading volume over the same period. BlockBeats reminds users that meme coins are extremely volatile, primarily driven by market sentiment and hype, with no underlying value or practical use cases. Investors are advised to be mindful of the associated risks.

April 24 — Per PeckShield monitoring, the KelpDAO attacker has moved all funds from Ethereum to Bitcoin’s network, primarily via THORChain. The total amounts to roughly 1,979 BTC, with the funds largely laundered. Meanwhile, the Balancer attacker—silent for five months—has resurfaced. It has begun cross-chain transfers of roughly $700,000 worth of ETH to BTC via THORChain, entering the money laundering phase.

April 24: Following Donald Trump’s return to the White House, his impact on markets hit an unprecedented high. Data from Fundstrat shows all five of the U.S. stock market’s largest single-day gains and losses since January 2025 have been directly tied to his policies—marking the first time in nearly 40 years a single president has dominated extreme market volatility. Structurally, those gains stem primarily from technical rebounds following policy shocks: excluding those five strongest up days, the S&P 500 would have posted a 2.7% loss since his inauguration, instead of the 18.5% gain it currently reflects. Losses, meanwhile, were heavily concentrated around tariff policy moves. Analysts note Trump’s frequent policy shifts—escalation, relaxation, flip-flopping—coupled with real-time signals on social media, have pushed traders to base strategies on guessing the president’s next move, sharply eroding the traditional macroeconomic framework.

April 24: Iran released a video of a fast attack boat swarm exercise Wednesday, claiming it is bolstering control over the Strait of Hormuz. Footage shows hundreds of high-speed small boats conducting rapid, dispersed assaults—presenting a highly uncertain threat to shipping. During the drill, Iran seized two commercial vessels: the MSC Francesca and Epaminondas. Analysts say this highlights Tehran’s shift to asymmetric warfare capabilities after damage to its conventional navy. The system, combining fast boats, missiles, drones, and electronic warfare, has become its core maritime deterrent. U.S. President Donald Trump downplayed the threat, noting Iran still seeks a deal but warning of military action if talks are rejected. Meanwhile, U.S. forces continue maritime blockades and interception operations. Industry experts warn small fast boats are harder to track and neutralize than large warships, pushing up shipping disruption and insurance costs sharply. This poses a sustain

Per Lookonchain monitoring data on April 24th, Bitmine re-staked 98,352 ETH (≈$229 million) four hours ago. Currently, the firm holds a total of 3,587,821 staked ETH (≈$8.35 billion), accounting for 72.1% of its total holdings as it continues its Ethereum staking yield strategy.

April 24: Following the rsETH security incident, Aave faces a funding shortfall of ~68,900 ETH ($160M) — a gap stemming from the hacker borrowing 99,600 ETH, with Arbitrum freezing 30,700 ETH of that sum. In response, Aave has spearheaded the launch of the "DeFi United" joint rescue initiative, which has so far received potential commitments totaling ~43,500 ETH. Key participants include: ? Lido Finance: 2,500 stETH (pending proposal approval) ? EtherFi Foundation: 5,000 ETH (pending proposal approval) ? Stani Kulechov: 5,000 ETH (personal donation) ? Golem Foundation: 1,000 ETH ? Bybit’s Mantle: 30,000 ETH (pending proposal approval) Additional backers — including Ethena, LayerZero, Ink Foundation, and Tydra — have pledged support but not disclosed specific amounts. Overall, current commitments still fall short of fully covering the shortfall. The DeFi industry is working to complete critical repairs via a "joint capital infusion" framework before systemic risks spr