1. CEX Popular Cryptocurrencies
CEX Top 10 Trading Volume and 24-Hour Price Changes:
BTC: -0.49%
ETH: 0.28%
BNB: -0.7%
SOL: -1.05%
DOGE: -2.19%
XRP: -2.25%
PEPE: -0.%
TRUMP: -10.82%
SUI: 3.56%
24-Hour Gainers List (Data Source: OKX):<>:.%ICE: 15.57%
VRA: 8.87%
GODS: 8.5%
GOG: 7.11%
BONK: 4.82%
SPURS: 4.69%
DIA: 4.34%
CXT: 4..16%
GMGN):POPCAT<>fartcoin
Ccactus
BONK: gained attention due to the launch of new platform Letsbonk.fun, which generated nearly $800,000 in revenue within three days and will use part of the fees to repurchase BONK tokens.UK Government Releases Draft Cryptocurrency Rules, Adding Exchange and Stablecoin Regulation<>The UK released government released a consultation document on cryptocurrency legislation on April 29, planning to add regulated activities, including operating crypto asset trading platforms and stablecoin issuance. The draft also also covers market abuse, listing, and disclosure systems. Although the Conservative Party initiated the consultation in 2023, the Labour government stated it will continue the previous government's crypto plans. This move aims to regulate the cryptocurrency industry, protect investor interests, and promote healthy market development.
US Senators Propose the 2025 US Blockchain Deployment Act
Official documents show that US Senator Bernie Moreno proposed the 2025 US Blockchain Deployment Act (S.) on April 10April,iming the Secretary of Commerce to support the deployment, application, and global competitiveness. The bill has been submitted to the Senate Commerce, Science, and Transportation Committee for review>href="kraken.www.Korean/newsflash/428860" rel="nofollow">South Korea Plans Seven Crypto Policies, Aiming to Open BTC Spot ETF Trading Trading This Year
According to Edaily, the ruling People Power Party announced announced seven new digital policies to cultivate the digital asset ecosystem, BTC spot ETF trading this year the, removing the "1 exchange-1 bank" restriction, and promoting institutional fund entry. Other policies include introducing a stablecoin regulatory framework, advancing STO legislation, and establishing a digital asset basic asset basic law.. The party plans to a establish a Special Committee under under the presidential candidate's direct leadership to coordinate coordinate related reforms.
Coinbase Asset Management Director: US ReassessMay Accelerate Bitcoin Purchase by Treasury
Industry Industry News h>El Salvador Confirms Continued BTC Accumulation Despite IMF Agreement
BlackRock Applies for Digital Share Class for $150 Billion Money Market Fund
According to to @AggrNews, asset management giant BlackRock has applied for a digital digital a digital share class for a money market fund with with $150 billion in assets under management.
European Digital Bank Bunq Launches Crypto Services Supported by Kraken
European digital bank Bunq announced the launch of Services Bunon April 29, enable allowing users over 300urrBitcoin, ethereum,, and Solanaana. The supported service be launched in the Netherlands, France, Spain, Ireland, Italy, and Belgium, with technical support from Kraken. Bunq stated: their "global users have long awaited a simple, secure safe, invest in digital assets." Bunq's research indicates that 65% percent of European consumers want to manage manage banking, savings through a platform with over 50% seeking crypto exposure but finding existing platforms lackingicity.
NewsUS SEC Delays Approval of Franklin XRP Spot ETF to June 17According to official documents, the US SEC has delayed the the Franklin XRP spot ETF until June 17.
US SEC Delays Decision on Bitwise Spot DOGE ETF
According US to official documents, the US SEC has delayed its decision on the Bitwise spot DOGE ETF application.
Base achieves the first stage of Ethereum Rollup decentralization, launching fault proof mechanism and establishing a security committee. Base developers state that the network has reached the "first stage" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.
The Base team said: "Base has achieved the first stage of decentralization, which is a key milestone in building an open global on-chain economy. This goal was achieved by launching permissionless fault proofs and enhancing the decentralization of contract upgrade processes through the security committee."
Launched in August 2023, Base was developed using Optimism's OP Stack and has grown to become the largest Layer 2 rollup in terms of TVL on Ethereum. Previously, Base was classified as a Stage 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase and lacked fully operational permissionless fault proofs on its mainnet.
Hyperliquid announces new fee system and Stake levels to launch on May 5th
Hyperliquid officially announced that the new fee system and Stake levels will launch around 03:00 (UTC) on May 5th. The changes include:
1. Staking HYPE can reduce transaction fees;
2. Perpetual contracts and spot trading will have different fee standards;
3. Spot trading volume will be counted double when calculating fee levels.
The testnet has now opened Stake and trading account linking functionality, allowing users to apply the Stake discount from one account to another trading account. This feature is expected to go live shortly after the new fee system and Stake levels are launched.
ether.fi launches $40 million venture fund, with first investments in Resolv, Rise Chain, Symbiotic
ether.fi announces the launch of a $40 million venture capital fund called ether.fi Ventures Fund I, aimed at supporting fearless entrepreneurs who are redefining industry possibilities.
Additionally, the fund has now disclosed its first batch of investments, which include Resolv, Rise Chain, and Symbiotic.
Investment
Crypto startup Unto Labs raises $14.4 million, led by Framework Ventures and Electric Capital
Unto Labs, a crypto company founded by former Jump Crypto employees, has raised $14.4 million, led by Framework Ventures and Electric Capital, with a valuation of $140 million. Heeger is developing ThruVM, a virtual machine for the planned Unto blockchain, which will use RISC-V. Unto Labs will use this funding to hire more employees, hoping to expand the team from 5 to 10 people by the end of the year.
Liam Heeger previously worked as a core engineer at Jump Crypto for two years, participating in the development of the company's flagship product Firedancer (a computer system connecting the Solana blockchain). In January, Heeger left to start his own company and was subsequently sued by his former employer for creating a "competitive business". Now, after reaching a settlement, Heeger has announced his new project.
Camp Network completes $25 million Series A funding, led by 1kx and Blockchain Capital
Camp Network, a company aiming to solve rights protection issues in the AI field using blockchain technology, has completed a $25 million Series A funding round, led by 1kx and Blockchain Capital, with participation from OKX, Lattice, and Paper Ventures. This equity funding round includes token warrants or promises of yet-to-be-issued cryptocurrencies, with a valuation of $400 million.
Privacy high-performance blockchain Miden announces $25 million seed funding, led by a16z
The privacy blockchain project Miden, co-founded by former Meta engineer Bobbin Threadbare, recently announced the completion of a $25 million seed funding round, led by a16z's crypto division, Hack VC, and 1kx. Other investors include Finality Capital Partners, Symbolic Capital, and notable angel investors such as Aptos co-founder Avery Ching. The funding was conducted in the form of equity and token warrants, with 10% of the future cryptocurrency to be distributed to Polygon token holders. Miden aims to maintain high performance and decentralization while protecting transaction privacy through zero-knowledge proof technology.
Regulatory Trends
US Treasury Secretary Becent: Regulatory relaxation measures to begin in Q3 and Q4
US Treasury Secretary Becent: Regulatory relaxation measures will begin to be implemented in the third and fourth quarters.
The Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has granted stablecoin issuer Circle a principle approval to operate as a monetary service provider. This move comes after Circle established a new legal entity within ADGM in December 2024, aimed at expanding its global business footprint in the Middle East and Africa.
According to official sources, crypto enterprise Gate Group announced that its subsidiary Gate Technology FZE ("Gate Dubai") has obtained a VASP license under the regulation and supervision of Dubai's VARA, authorized to provide crypto asset trading services to institutional investors, qualified investors, and retail users. This important milestone marks another deep expansion of Gate Group's global compliance strategy.
Gate Group places high importance on compliance, with multiple global entities having obtained registration, licenses, authorizations, and approvals from regulatory bodies in their respective jurisdictions, including Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, Hong Kong, and more. Last year, Gate Group also completed the acquisition of the licensed Japanese exchange Coin Master, further expanding its global compliance network. Gate Group's founder and CEO Dr. Han stated that the company has always adhered to a compliance-first development strategy, and obtaining the full operational license from VARA is a key step in expanding to the Middle East and global markets, demonstrating its long-term commitment to safety, transparency, and user protection.
Voices
Fidelity: Multiple Ethereum on-chain indicators suggest ETH is "underpriced"
Fidelity Digital Assets reports that multiple Ethereum on-chain indicators suggest ETH is "trading at an undervalued price". The report notes that the MVRV Z-Score fell to -0.18 on March 9th, entering the "undervalued" area, indicating Ethereum "looks cheap"; NUPL also dropped to 0, suggesting the market is in a "capitulation" state. Additionally, ETH's realized price is $2,020, 10% higher than the current price. The ETH/BTC market cap ratio has dropped to mid-2020 levels. Meanwhile, Ethereum Layer-2 active addresses reached 13.6 million, a historical high, indicating continued growth in scalability and adoption.
Trader Eugene: Negative news has limited impact on BTC, market structure remains solid
Trader Eugene stated that despite recent negative market news, including uncertainty in tariff negotiations, MicroStrategy's (MSTR) weakened BTC purchasing power, and escalating military tensions between India and Pakistan, BTC price remains stable at the high of $95,000. This indicates that the market's structural transformation remains solid, with pullbacks presenting buying opportunities. The trader emphasized that besides mainstream cryptocurrencies, he is currently most optimistic about SOL and XRP. Overall, while market sentiment is uneasy, one should still go with the trend.
