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US Stock Futures Dive Further

2025.04.16 13:25:49

On April 16th, the futures of the three major U.S. stock indexes witnessed a continuous decline. Nasdaq futures dropped by 2%, S&P 500 futures decreased by 1.29%, and Dow futures fell by 0.65%. (FX168)
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Four.meme has launched a daily buyback mechanism for BNC4, which will repurchase and burn the Meme token with the highest daily paired trading volume.

According to official announcements, Four.meme has launched the BNC4 Daily Buyback Campaign, running from 00:00 UTC on September 9, 2026, to 23:59:59 UTC on December 9, 2026. Notably, BNC4 product revenue generated on September 8 will be allocated to the first week’s buyback pool. During the campaign, all daily BNC4 product revenue will be used to repurchase eligible community meme tokens from the market, which will then be burned. Per campaign rules, daily trading volume of BNC4-pool meme projects—those using BNC4 as pool assets, with no fewer than 3,000 holding addresses and a market cap of at least $500,000 USDT—will be calculated over the 00:00 to 23:59:59 UTC period each day. The project ranking first in daily trading volume will qualify for that day’s buyback: Four.meme will allocate 100% of the day’s BNC4 product revenue to directly repurchase the project’s tokens, followed by burning all repurchased tokens. Product revenue includes transaction fees from BNC4 and fee income from BNC4 liquidity providers (LPs). Four.meme stated that daily rankings will be recalculated to determine a new top-volume project each day. Daily buyback amounts, burned token volumes, and on-chain transaction records will be made public for community verification. To ensure fair participation, projects engaging in wash trading, anomalous transactions, volume manipulation, or other improper activities may be disqualified from rankings and buyback eligibility.

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The world's first Zcash spot ETF fund, ZCSH, has now opened options trading.

Grayscale officially announced in a statement that ZCSH, the world’s first Zcash spot ETF fund launched by the firm, has now opened options trading.

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Binance Alpha 2.0 (CEX) now supports Robinhood Chain.

According to official announcements, Binance Alpha 2.0, a centralized exchange (CEX), now supports Robinhood Chain, enabling users to trade, deposit, and withdraw assets. Both limit and market orders are currently supported for USDT trading pairs. Additionally, the following tokens have been added to Binance Alpha 2.0: Cash Cat (CASHCAT), up (UP), Artificial Inu (AI), and Pons (PONS).

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Tokenized stock BNC4 remains over 47% premium to its underlying stock BNC.

According to GMGN data, BSC-based tokenized stock BNC4 rose 13.66% in the past hour, currently trading at $7.36. Per BIT (bit.com) market data, US-listed stock BNC is priced at $5.15. The premium of the tokenized stock over its underlying equity has widened further. Note: 4Stock originated from the "stock meme" narrative launched by Four.meme. It first rolls out 4Stock underlying assets tied to equities, then allows the community to issue meme coins using these assets as liquidity pools. BNC4 is the first 4Stock tokenized stock, pegged 1:1 to BNC, the stock of the BNB treasury company. The meme coin "4Stock" corresponds to the BNC4 pool. BlockBeats reminds users that most meme coins have no practical use cases, are highly volatile, and investors should exercise caution.

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Bitcoin briefly fell below $78,000.

According to HTX market data, Bitcoin briefly dipped below $78,000, now trading at $78,026, with a 1.69% drop over the past 24 hours.

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US stocks opened, with the three major indices showing mixed performance.

According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.7%, the S&P 500 index slipping 0.1%, and the Nasdaq rising 0.08%. Qualcomm (QCOM.O) gained 5% after it struck a multi-generational product cooperation deal with Amazon (AMZN.O). Intel (INTC.O) climbed 6% amid reports that its CPUs will see another 10% price hike. ASML (ASML.O) added 3.8%, while TSMC (TSM.N) rose 2.4% as the two companies launched a high-numerical-aperture EUV photomask partnership.

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