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4/13
07:36
Analysis: Bitcoin Still Has Potential to Rise Towards $88,000, Overall Crypto Market Shows Resilience
Svmuu According to reports, Bitcoin is currently fluctuating around $70,000, while the overall crypto market remains resilient. Meanwhile, mainstream crypto assets like Ethereum, XRP, and Solana are also relatively stable. The key short-term focus for the market is whether Bitcoin can hold the crucial support level at $70,000. This level has now become a battleground between bulls and bears and has been defended multiple times by "bottom-fishing capital." If it decisively breaks below this level, Bitcoin's price volatility could intensify due to thin liquidity below. However, if it stabilizes, the market is expected to recover stability quickly. Some views suggest that, supported by capital flows and macro factors, Bitcoin still has the potential to rise towards $88,000.
Overall, despite Bitcoin's stable price performance, the combination of speculative behavior and negative events may suppress market risk appetite in the short term. (CoinDesk)
07:35
A trader spent only about $600 to buy DOT and successfully cross-chained, making a profit of $150,000
Svmuu News According to on-chain analyst Ai Yi's monitoring, a trader spent 0.2 ETH ($436) on Uniswap on the Ethereum mainnet to purchase 77,000 DOT, sold them on a CEX for $10,042, and then used the same method to spend a total of 1.1 ETH to buy DOT. They sought out different liquidity pools to buy low and sell high, and simultaneously tried various cross-chain methods. Ultimately, they successfully cross-chained from the Ethereum mainnet to the Base network via Hyperbridge, selling 503,000 DOT for 68.72 ETH in a single transaction, resulting in a profit of $150,000.
07:32
Bloomberg Strategist: Bitcoin Pulls Back After Last Year's Surge, Commodities Like Crude Oil May Face Similar Risks This Year
Svmuu News Bloomberg senior commodity strategist Mike McGlone posted on platform X, stating that after a significant surge in 2025, Bitcoin experienced a sharp pullback. Currently, silver, gold, copper, natural gas, and most crucially, crude oil may enter an "up-too-much" zone by the end of 2026 and face similar risks of a pullback. Typically, rapid asset price increases are supported by fundamentals, but they also incentivize increased supply and suppress demand, ultimately leading to price reversals. Among these, rapid spikes in crude oil prices are often "disruptive" and have historically triggered chain reactions in markets or the economy multiple times.
07:31
Hong Kong's Innovation, Technology and Industry Bureau Signs Cooperation Memorandum with Cyberspace Administration, Covering Key Areas Including Blockchain
Svmuu News: The Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region Government announced the signing of the "Cooperation Memorandum on Innovation and Technology Development" with the Cyberspace Administration of China to promote high-quality development of the digital economy empowered by technological innovation. The cooperation memorandum covers key areas including artificial intelligence, cross-border data flow, and blockchain. The goal is to thoroughly implement the national "15th Five-Year Plan," support Hong Kong in building an international innovation and technology center, and promote the development of a new real economy centered on technological innovation.
07:30
Svmuu Evening Brief
1. European Central Bank supports centralizing crypto regulation under ESMA, proposes unified EU regulatory framework;
2. Genius adds refund feature to airdrop plan, supports applications within 48 hours after TGE;
3. Exodus CEO: Institutional entry accelerating, crypto market may enter an "institution-led cycle";
4. Bank of Korea suggests introducing circuit breaker mechanism to crypto market following Bithumb operational error incident;
5. VC insider: Possibly fewer than 20 VCs in the industry still able to invest in seed rounds;
6. Iranian military: Regional port security "either belongs to everyone or to no one";
7. BIT: Bitcoin ETF flows turn net positive, trend may align with same period in 2025;
8. Polkadot responds to Hyperbridge vulnerability: Only affects DOT on Ethereum sidechain, mainnet assets unaffected;
9. Circle signs MoU with Dunamu to advance cooperation in stablecoins and other areas;
10. Trader "Cute Woman" 2x shorts RAVE, currently facing floating loss of approximately $1.97 million.
07:20
Bitget Q1 Transparency Report: Non-Crypto Asset Trading Volume Rises to 40%, Cross-Asset Allocation Trend Accelerates
According to Bitget's Q1 2026 transparency report released today, user trading behavior is accelerating its shift from single crypto assets to multi-asset portfolios. By the end of Q1, the trading volume share of non-crypto assets such as commodities rose to 20%-40%, while the share of crypto assets declined from its dominant position at the beginning of the year to 60%-80%. This fluctuation in data signifies that holistic asset portfolios have become a core strategy for high-net-worth investors.
At the product and ecosystem level, Bitget released the white paper for its panoramic exchange UEX in the first quarter, further clarifying the direction for integrating crypto assets, tokenized assets, and AI-driven trading under a unified architecture. Simultaneously, the platform continues to strengthen its AI trading infrastructure, successively launching Agent Hub and GetClaw, promoting the evolution of AI from an auxiliary tool to an execution system. This enables agents to access real-time market data, identify trading signals, and autonomously execute operations within predefined parameters.
Bitget CEO Gracy Chen pointed out: "The boundaries between the crypto market and traditional finance are rapidly dissolving. The explosive growth of the CFD business heralds the arrival of a unified market. Users are no longer making binary asset choices; instead, they are placing diverse assets within the same logical framework for efficiency competition."
07:12
Hyperliquid Mainnet Launches "Priority Fees" Mechanism, Users Can Pay HYPE to Prioritize Data Reading or Order Writing
Svmuu News Hyperliquid founder Jeff announced in the Discord channel that the Priority Fees mechanism is now live on the mainnet in Alpha mode. It includes Gossip Priority Fees (for prioritized data reading) and Order Priority Fees (for prioritized order writing), among others. For details, please refer to the official documentation.
Additionally, it's important to note that, based on user feedback, the upper limit for Order Priority Fees has been reduced from 20 bps to 8 bps. Currently, Order Priority Fees are only applicable to IOC orders on HIP-3 assets.
Hyperliquid Mainnet Launches "Priority Fees" Mechanism, Users Can Pay HYPE to Prioritize Data Reading or Order Writing
06:36
Circle CEO Responds to Controversy: USDC Related to Drift Attack Not Frozen Due to Lack of Legal Proceedings
Svmuu News: Jeremy Allaire, CEO of Circle, stated that the company will not freeze wallet assets unrelated to legal proceedings, in response to recent controversies surrounding the Drift attack incident.
Previously, the DeFi protocol Drift suffered an attack involving approximately $280 million. Some of the funds were reportedly transferred cross-chain into about $230 million worth of USDC, sparking discussions on whether the related assets should be frozen. Allaire pointed out that such operations involve a "moral dilemma," but in the absence of legal basis, Circle will not proactively freeze the related funds.
This incident had drawn criticism from industry insiders, including on-chain analyst ZachXBT, who argued that platforms should take more proactive fund control measures. (The Block)
06:29
Account with Over 77% Win Rate Purchases $58,000 on League of Legends Event BLG Defeating JDG
Svmuu Seer Channel monitoring shows that in the Polymarket prediction event "League of Legends Esports World Cup China Qualifier Stage 2: Bilibili Gaming vs. JD Gaming," an account with a win rate exceeding 77% (0x61ceb99e031a7460c96ebe9ac81a0a558f29ed13) purchased approximately $58,000 on Bilibili Gaming defeating JD Gaming, with an average opening price around 92¢.
This match follows a BO3 format. Bilibili Gaming has shown strong performance recently in the second stage of the LPL, currently holding a record of 2 wins and 0 losses (game score 4-1), including a 2:1 victory over JD Gaming. JD Gaming's current record is 1 win and 2 losses (game score 3-4), indicating overall relatively pressured form. The winner of this match will have a chance to compete for a top-two spot and advance to the main event stage of the Esports World Cup.
Svmuu Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.
06:05
DeAgentAI Launches $5 Million AIA Buyback and Burn Program, First Batch Completed
Svmuu News: DeAgentAI, a decentralized AI infrastructure project on the SUI and BNB ecosystems, has officially announced the launch of its AIA token buyback and burn program, with a total scale of $5 million. The funding source is project protocol revenue and transaction income generated from its proprietary AI models.
The buyback will be executed in three batches on the open market over 90 days. All repurchased tokens will be directly burned, permanently removed from circulation, with no arrangements for locking or redistribution. Currently, the first batch of AIA buyback and burn has been completed. TX Hash: HBmTxfJymoymJTFSB5qtn4cV2pfd2SYS6PaGd5NPyFpf.
DeAgentAI stated that the buyback funds are entirely sourced from the project's own business revenue, not from external financing or token issuance. Burn records will be continuously updated.
05:52
U.S. Pre-market Crypto Stocks Broadly Decline, MARA Down 3.62%
According to data from msx.com, U.S. pre-market crypto-related stocks are broadly declining: MARA is down 3.62%; COIN is down 2.63%; SBET is down 2.45%; ABTC is down 1.49%.
It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens to date, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
05:31
QCP: U.S.-Iran Negotiations Breakdown Sparks Risk Aversion, Bitcoin Faces Resistance at $74,000
Svmuu News QCP's latest market report indicates that the breakdown of U.S.-Iran negotiations over the weekend pushed crude oil prices back above $100, dampening market risk appetite. In the crypto market, Bitcoin encountered resistance near $74,000, while Ethereum retreated from $2,330 to $2,180, reflecting short-term adjustments in expectations.
The report stated that Trump's remarks proposing a blockade of the Strait of Hormuz, combined with potential signals of disruption from Iran, have increased geopolitical uncertainty. However, the market remains in a wait-and-see mode regarding actual implementation. Meanwhile, implied volatility in the crypto market has retreated to pre-conflict levels, suggesting that the market is gradually digesting the associated risks.
On the capital flow front, Bitcoin ETFs continue to see net inflows, with IBIT recording approximately $612 million in net inflows last week. Market focus is shifting from policy statements to actual execution.
04:17
Binance Wallet: GENIUS Airdrop Claim Threshold is 230 Points, Claiming Will Consume 15 Points
Svmuu News Binance Wallet announced that Binance Alpha will list Genius Foundation (GENIUS) on April 13th at 19:00. Users holding at least 230 Binance Alpha points can claim an airdrop of 240 GENIUS tokens on a first-come, first-served basis.
If the reward pool is not fully distributed, the claim threshold will decrease by 5 points every 5 minutes. Participating in the claim will consume 15 Binance Alpha points.
04:09
Circle and Dunamu Sign Memorandum of Understanding to Advance Cooperation in Stablecoins and Other Areas
Svmuu News: USDC issuer Circle has signed a comprehensive Memorandum of Understanding (MOU) with Dunamu, the parent company of the Korean exchange Upbit. The two parties will collaborate in the areas of stablecoins and digital assets.
It is reported that the two sides are exploring cooperation plans including stablecoin applications and related educational programs, aiming to enhance market participants' access to information and strengthen trust in South Korea's digital asset ecosystem. Dunamu stated that this cooperation will also help promote the compliant development and innovation of the local market. (News1)
04:07
Trader "Cute Woman" 2x short on RAVE, currently floating loss of approximately $1.97 million
According to OKX platform data, trader "Cute Woman" currently holds a short position in RAVEUSDT perpetual contracts with leverage of approximately 2.01x.
The position size is about 392,000 RAVE, with an average entry price of around $3.98. The current mark price is approximately $9.03, resulting in a floating loss of about $1.97 million and a return rate of approximately -253%.
03:43
Polkadot Responds to Hyperbridge Vulnerability: Only Affects DOT on Ethereum Side, Mainnet Assets Unaffected
Svmuu News Polkadot has responded to the Hyperbridge vulnerability incident, stating that the vulnerability only affects DOT assets bridged to the Ethereum network via Hyperbridge. It does not involve native DOT within the Polkadot ecosystem or assets from other bridging paths.
The official statement indicated that the Polkadot mainnet and its parachains are operating normally, with related assets remaining secure. Currently, Hyperbridge has been suspended, and the incident is under further investigation.
Previous news: Polkadot bridge vulnerability exploited, resulting in the minting and sale of 1 billion DOT on the Ethereum network, with the attacker profiting $237,000.
03:37
BIT: Bitcoin ETF Flows Turn Positive, Trend May Mirror 2025 Period
Svmuu News Analyst Markus Thielen stated that Bitcoin ETF flows have recently turned positive again and are expected to achieve net inflows for the second consecutive month, indicating an improvement in market sentiment.
Data shows that the current flow trend is highly similar to the same period in 2025. At that time, inflows were relatively moderate at the beginning of the year, but were followed by concentrated inflows of approximately $30 billion, which subsequently drove Bitcoin's price to rise continuously over the following months.
Analysis suggests that the recent return of capital indicates the market has gradually digested previous selling pressure. This marks the first return to net inflows since March, which may provide support for subsequent market movements.
03:34
Gate Founder Dr. Han: Redefining Platform Capability Boundaries with AI Ecosystem and Multi-Asset Strategy
Svmuu News Gate founder and CEO Dr. Han disclosed the platform's current multi-dimensional business progress in a 13th-anniversary open letter, highlighting the continuous deepening of the AI ecosystem and multi-asset system. He stated that AI is reshaping the boundaries of trading, risk control, and decision-making efficiency, becoming a key variable in upgrading the platform's capabilities.
Centered around its Intelligent Web3 strategy, Gate has gradually built an AI product system covering Gate for AI, GateClaw, GateAI, GateRouter, and more. Simultaneously, Gate continues to deepen its multi-asset trading system by launching a TradFi trading zone and introducing traditional assets into spot, futures, and other sections, covering various asset classes such as stocks, metals, forex, indices, and commodities to meet users' cross-asset trading and allocation needs. Building on this, Gate has introduced a digital Pre-IPOs participation mechanism and opened a reservation portal, providing users with a new path to access high-quality global public offering projects.
Dr. Han pointed out that current industry competition is a contest of comprehensive systemic capabilities. Through continuous investment in trading depth, asset diversity, and technological prowess, Gate has firmly established itself in the top tier of mainstream trading platforms. In the future, the platform will continue to strengthen its infrastructure capabilities to deliver a safer and more efficient global digital asset trading experience for users.
03:22
GIGGLE breaks above $41 in short order, up over 40% in the day
Svmuu news ticker data shows that GIGGLE briefly rose above $41, now at $40, an intraday increase of more than 40%.
03:18
Iranian Military: Regional Port Security "Either Belongs to Everyone, or to No One"
Svmuu According to reports on the 13th local time, a spokesperson for the Khatam al-Anbiya Central Headquarters of the Iranian Armed Forces stated that the security of ports in the Persian Gulf and the Gulf of Oman "either belongs to everyone, or to no one." Some analysts believe that the Iranian military's statement was directed at earlier remarks from the United States regarding blocking the passage of Iranian port vessels and resuming strikes against Iran. (CCTV News)

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