News linked to both this project and an event.
according to data monitoring from SoSoValue, Bitcoin spot ETFs recorded net inflows for the 9th consecutive trading day on April 24, with a single-day inflow of $14.45 million. The total cumulative inflows during this continuous period amounted to approximately $2.1 billion, marking the longest net inflow streak since September 2025. Last week, ETFs saw total inflows of $823.7 million, with BlackRock's IBIT recording weekly inflows of $983 million, hitting a new high in nearly six months.CryptoQuant founder Ki Young Ju stated that the current Bitcoin market is driven by futures, with open interest continuing to rise. However, aside from ETF inflows and MicroStrategy purchases, on-chain apparent demand remains negative. The chief analyst at CEX.IO pointed out that the recent price increase has been notably driven by short squeezes. Since April 13, the total amount of short liquidations has reached approximately $2.8 billion, far exceeding the $1.8 billion in long liquidations. Part of the ETF demand may stem from basis trading strategies, specifically buying IBIT while shorting CME futures to capture the spread. This strategy is market-neutral and not purely bullish. Currently, the options market's 25-delta skew is in negative territory, indicating that investors are paying a premium to seek downside protection.
Odaily Bernstein stated in a research report that the cryptocurrency market is currently showing signs of fundamental strengthening. Analysts pointed out that Bitcoin has formed a bottom near $60,000 and is now advancing toward the $80,000 mark. Institutional capital inflows, MicroStrategy's continued accumulation of Bitcoin through STRC products, and the deep integration of blockchain with financial infrastructure collectively create an asymmetric upside potential.Bernstein emphasized that new distribution channels from Morgan Stanley's Bitcoin ETF and Charles Schwab's spot trading platform have broadened participation. Currently, approximately 60% of Bitcoin's supply has not moved in over a year, with institutional demand reinforcing its holding base. Additionally, stablecoin supply has reached a record high of $300 billion, with its payment and settlement demand decoupling from market sentiment. The tokenized real-world asset sector has grown 110% year-over-year to $345 billion. Although quantum computing poses a long-term risk, analysts believe the industry has ample time to undergo a secure transition.
According to The Block, Bernstein analysts stated in their latest report that the fundamentals of the crypto market are continuously improving. Bitcoin’s recent low of $60,000 has formed a clear bottom, and with the current price approaching $80,000, a longer-term structural bull market is likely, driven by institutional demand. Bernstein analyst Gautam Chhugani highlighted the following key drivers: • Ongoing expansion of institutional channels: Morgan Stanley’s Bitcoin ETF and Charles Schwab’s spot Bitcoin/Ethereum trading platform have both recently launched; approximately 60% of Bitcoin supply has remained unmoved for over one year, indicating a stabilizing holder structure; • Persistent accumulation by Strategy: Its STRC perpetual preferred stock product has attracted yield-oriented investors, and its current holdings stand at 818,334 BTC; • Stablecoin demand hits an all-time high: Stablecoin supply has surpassed $30 billion, decoupling from the crypto market’s price cycle and reflecting sustained real-world payment and settlement demand; • Tokenized real-world assets accelerating growth: Tokenized private credit and Treasury assets now total $34.5 billion, representing a 110% year-on-year increase. Bernstein also cautioned that quantum computing poses a long-term potential risk, though it expects the blockchain ecosystem to have ample time to complete the transition to post-quantum security.
According to The Block, TD Cowen analysts Lance Vitanza and Jonnathan Navarrete reiterated their “Buy” rating on UK-listed Smarter Web Company, maintaining their price target at £1 (approximately $1.36). The analysts noted that the company recently acquired additional bitcoin for approximately £57,000 (about $77,000), effectively lowering its marginal holding cost. Its leverage ratio of roughly 8% is considered relatively conservative compared to peers. Smarter Web currently holds 2,750 BTC, making it the largest corporate bitcoin holder in the UK and the 27th-largest publicly disclosed bitcoin treasury globally. However, with bitcoin’s current price hovering around $77,600—significantly below the company’s average acquisition price of $110,800—its holdings are sitting on an unrealized loss of approximately $91.1 million, representing a decline of roughly 30%.
QCP Group’s analysis states that U.S.-Iran negotiations have once again collapsed, while the Middle East ceasefire continues, leaving the overall geopolitical landscape relatively static. A shooting incident occurred at the White House Correspondents’ Dinner, with Trump suspected as the target. Following Asia’s market open, BTC briefly surged past $79,000 and ETH above $2,400—but gains quickly reversed amid concerns triggered by news of Iran’s Foreign Minister traveling to Russia for talks with Putin. Since early April, BTC has rallied over 14% cumulatively, marking four consecutive weeks of positive closes. Spot ETFs recorded nine straight days of net inflows totaling approximately $2.11 billion. Strategy funds added over $3.8 billion worth of BTC in the past month. The current key resistance level for BTC lies near the CME gap around $82,000. BTC perpetual contract funding rates remain persistently negative; a breakout above this level could trigger short-covering. Implied volatility continues declining, and risk-reversal skew has narrowed somewhat, signaling gradually rising market interest in upside exposure. Key events this week: - April 29: Earnings reports from Microsoft, Amazon, Meta, and Google, plus the FOMC interest-rate decision. - April 30: Apple earnings report, U.S. Q1 GDP data, and March PCE inflation data.
According to a report from CoinShares' research department, digital asset investment products recorded net inflows of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1st. Bitcoin led the way, recording $933 million in inflows, bringing its year-to-date total to $4 billion. Ethereum saw inflows exceeding $190 million for the third consecutive week. XRP returned to net inflows after a week of outflows. On a regional basis, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating broadening demand. Additionally, blockchain equity ETFs attracted a total of $617 million over the past three weeks, setting a new weekly inflow record, reflecting growing institutional investor interest in the sector. The market is currently focused on the FOMC meeting on April 28-29, which could create some short-term volatility in sentiment.
According to on-chain analyst Ai Aunt (@ai9684xtpa), the whale “Set 10 Big Goals” (@Jason60704294) has placed another order, opening a long position of 397.718 BTC at $77,686.5—valued at $30.89 million. BTC briefly approached $80,000 earlier today before dropping below $78,000.
Ki Young Ju, CEO of CryptoQuant, stated that Bitcoin’s current price movement is primarily driven by the futures market. Although open interest continues to rise—and ETF inflows and Michael Saylor’s ongoing purchases persist—on-chain apparent demand remains net negative. Ki Young Ju also noted that, historically, bear markets typically end when spot demand and futures demand recover simultaneously.
Odaily Odaily News: BIT Official's daily chart analysis indicates that spot Bitcoin ETFs have recorded net inflows for nine consecutive trading days, with institutional buying power accumulating steadily and providing support for prices.It notes that Strategy has invested approximately $11 billion this year to increase its Bitcoin holdings. The combination of ETF inflows and corporate buying is helping to strengthen market absorption capacity. The analysis suggests that, in the absence of significant risk event disruptions, the current market structure remains supportive of Bitcoin's gradual upward trend.
according to monitoring by crypto analyst 余烬@EmberCN, the whale address pension-usdt.eth opened short positions on approximately $110 million worth of BTC and ETH with 3x leverage at the beginning of the month and is currently facing an unrealized loss of about $15.25 million.Specifically, the address shorted 1,000 BTC at $67,992, with an unrealized loss of approximately $10.57 million and a liquidation price of $99,394; and shorted 20,000 ETH at $2,132, with an unrealized loss of roughly $4.68 million and a liquidation price of $3,400.
According to Coinglass, major cryptocurrency exchanges collectively saw a net outflow of 15,952.91 BTC over the past week, with Coinbase Pro experiencing an outflow of 6,269.08 BTC, Kraken an outflow of 5,734.42 BTC, and OKX an outflow of 4,353.49 BTC. Currently, the total Bitcoin balance held by crypto exchanges stands at 2.4477 million BTC.
According to Lookonchain monitoring, a whale that had been dormant for 2 years deposited 300 BTC, worth $23.4 million, into Binance.These 300 BTC were withdrawn from Bitfinex 3 years ago when the BTC price was $19,329. The whale is now looking at a profit of $17.6 million.
CryptoQuant analyst Axel Adler stated that, following the market pressure release in spring, selling pressure from short-term holders (STH) has significantly eased. The Bitcoin market’s recovery remains ongoing, with the current price approaching the STH cost basis. The key catalyst for the next leg of price movement lies in whether Bitcoin can sustainably hold above the ~$83,000 STH cost level. Only a confirmed breakout and stabilization above this level will allow the market to further validate the actual selling pressure from short-term holders—and determine whether such pressure will re-emerge to suppress prices again.
crypto analyst Murphy posted on platform X, stating that by combining three sets of data (Options Gamma Exposure, Options Open Interest by Strike Price, Options ATM Implied Volatility), the impact on BTC from an options perspective is as follows: $80,000 is the first effective resistance level above BTC’s current price. This level simultaneously features high Call OI, positive Gamma, and low IV. When the price pushes upward from this point, market makers' dynamic hedging tends to create selling pressure; the lower the IV, the higher the marginal sensitivity of market makers' hedging adjustments. Therefore, the thickness of this wall (OI of 7,200 BTC + the magnitude of positive Gamma) makes $80,000 a "tough nut to crack" in May. Once it breaks through and approaches $82,000, due to the presence of a larger scale of negative Gamma (OI of 4,644 BTC) at this level, the market could quickly shift from being suppressed to an "amplified volatility" mode.
according to Onchain Lens monitoring, a Balancer attacker has exchanged 21,000 ETH for 617.43 BTC over the past three days, worth $48.72 million. The attacker currently still holds 1,000 ETH, worth $2.32 million, and may conduct further sell-offs.
According to data from Trader T (@thepfund), yesterday’s net inflow into Bitcoin spot ETFs stood at $14.47 million, a sharp decline from the $231.6 million recorded on April 23. By product: BlackRock’s IBIT saw inflows of $22.9 million, and Morgan Stanley’s MSBT recorded $11.13 million—top performers on the day; Fidelity’s FBTC experienced outflows of $1.69 million, Bitwise’s BITB saw $8.85 million in outflows, and ARK’s ARKB recorded $9.02 million in outflows; Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale’s respective products all reported zero net flows for the day.
According to on-chain analyst Yujin (@EmberCN), the hacker who stole approximately $98 million worth of assets from Balancer last November has been continuously swapping ETH for BTC via THORChain. To date, the hacker has swapped a total of 14,300 ETH for 419.3 BTC (approximately $32.51 million). The hacker currently holds 7,700 ETH on the Ethereum chain and 419.3 BTC on the Bitcoin chain, with a combined value of approximately $50.4 million. Since the price of ETH has fallen significantly from around $3,600 at the time of the theft, the value of the hacker’s holdings has shrunk by nearly half—from the original $98 million.
According to on-chain analytics platform Lookonchain (@lookonchain), Abraxas Capital deposited 4,835 BTC—worth approximately $378 million—into Kraken within the past hour. Simultaneously, it transferred 6,000 XAUT—valued at roughly $28 million—to Binance, Bybit, OKX, and Bitfinex.
According to CoinDesk, Michael Saylor, Executive Chairman of Strategy, stated that the Bitcoin winter has ended, as Bitcoin’s price has held above $78,000. Market analyst Mati Greenspan believes the recent market downturn should not be labeled a “crypto winter,” but rather a sharp correction within a broader bull market—and added that Bitcoin has likely already bottomed out, with its next leg up potentially driven by both institutional and sovereign adoption. The report notes that Strategy recently acquired 13,927 additional bitcoins, bringing its total holdings to 780,897 BTC. Greenspan also indicated that sovereign adoption—specifically central banks adding Bitcoin to their reserve assets—could be a key driver in the next phase.
According to on-chain analyst Yujin (@EmberCN), the hacker who stole approximately $98 million in assets from Balancer last November is today exchanging ETH for BTC via THORChain. So far, 7,000 ETH have been swapped for 204.7 BTC—valued at roughly $15.88 million—and the process continues. Additionally, it has been disclosed that this address currently holds 15,000 ETH on Ethereum, valued at approximately $34.65 million, and 204.7 BTC on Bitcoin.