Bithumb's Net Profit Estimated to Reach $110 Million in 2024

On April 2nd, due to the significant uncertainty regarding the direction of the U.S. tariff policy and the potential market reactions, the panic index VIX rose to a level that was more than two weeks high, reaching 24.80 on Monday. It closed at 22.77 on Tuesday. Mark Spindel, the Chief Investment Officer of Potomac River Capital LLC, said, "I believe the market is truly holding its breath." He anticipates that this "panic index" may potentially rise to the 30 level. This level generally indicates that the market is entering a highly risk-averse state. (Jinse)

On April 2nd, according to Ember Monitor, a whale spent $32.45 million purchasing EIGEN at its peak in October 2024. It then suffered a loss of $17.19 million and transferred part of its position to HYPE. It also bought at the highest point, incurring a loss of $5.21 million. The total value of the tokens it currently holds is approximately $10.03 million. In total, it has suffered a loss of $22.42 million in 5 months.

On April 2nd, as monitored by ElonAlertsX, Elon Musk has just initiated the act of following the account of Wang Chun, the co-founder of F2Pool, on X (formerly known as Twitter).

On April 2nd, Analyst Adam from Greeks.live made a post on social media, saying, "The quarterly settlement has just come to an end. Currently, major bulk trades are still mainly concentrated on opening and closing positions. This month, institutions have significantly enhanced their layout of put options, suggesting that large holders are bearish on the market of this month. The number of deeply out-of-the-money protective positions has witnessed a significant increase."

On April 2nd, based on CoinGecko data, the total market capitalization of tokens in the AI sector has dropped below 21.5 billion US dollars and is currently at 21.48 billion US dollars, with a 24-hour decline of 1.4%. The details are as follows: The market capitalization of KAITO is currently reported at 225 million US dollars, with a 24-hour decrease of 13.3%; The market capitalization of ai16z is currently reported at 197 million US dollars, with a 24-hour decrease of 3.6%; The market capitalization of VANA is currently reported at 171 million US dollars, with a 24-hour decrease of 8.3%.

On April 2nd, Binance officially declared the commencement of the Binance Seeds Program. It aims to cultivate cryptocurrency talents through full-time positions and accelerator projects. These include: The Pioneer Talent Program offers full-time positions and customized training for early-career professionals with up to 5 years of work experience. The Binance Accelerator Program is a 3 to 6-month fixed-term project targeted at students and graduates.