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5/7
10:24
Svmuureported that Ethena officially released an arbitrage analysis on the perpetual contract market for gold tokens (PAXG, XAUT) on X. Data shows that over the past twelve months, the annualized funding rate for PAXG was 5.8%, and for XAUT it was 12.4%, both significantly higher than the average levels for BTC and ETH over the same period (5.2% and 4.1%, respectively). The daily volatility of gold funding rates is higher than that of cryptocurrencies, due to the smaller trading volume in the gold market. However, gold funding rates are positive 82% to 89% of the time, which is generally consistent with BTC (88%) and ETH (85%).
Furthermore, Ethena stated that the funding rates for gold and cryptocurrencies are almost uncorrelated; when cryptocurrency funding rates are compressed, gold funding rates tend to remain stable or rise. Therefore, incorporating gold perpetual contracts into a spot-futures arbitrage portfolio (holding both spot positions and equivalent short positions) will improve yield levels and reduce yield volatility.
10:23
According to an official announcement, Coinbase has added Nexus (NEX) to its listing roadmap.
10:21
Svmuu reported that the Zcash Foundation has officially announced the takeover of the management rights for several core Zcash community assets, including the Zcash GitHub Organization, the website and domain names, as well as the official @Zcash account on platform X.
As Zcash development gradually centers around Zebra and the infrastructure maintained by the foundation, consolidating these community assets under the foundation's management is expected to improve long-term coordination efficiency and accountability. The Zcash GitHub Organization includes core code repositories such as librustzcash, zips, lightwalletd, and zcashd. The Zcash Foundation will be responsible for access permissions and repository governance, while the existing open-source licenses, community contribution permissions, and collaborative development models will remain unchanged.
Additionally, the foundation announced a multi-year funding partnership with ZecHub, which will be responsible for the day-to-day operations of the website and the @Zcash account.
10:19
Svmuureports that Federal Reserve's Hammack stated that the Fed's signal regarding a rate cut as the next move is misleading. High inflation is forcing more people to make trade-offs, and cutting rates more than reasonably necessary would push inflation higher. The Fed strives to maintain political neutrality. Powell has performed exceptionally well at the Fed, and Hammack expressed 'excitement' about the arrival of Fed chair nominee Warsh. (Jinshi)
10:11
Svmuu reported that Fed's Hammack stated, given the uncertainty, the Fed should maintain a neutral stance in its policy outlook. He expressed concerns about the outlook for price pressures, and the base case is that interest rates will remain unchanged for an extended period. (Jin Shi)
10:05
Svmuu reported that Lido has provided the latest update on the Kelp security incident, stating that the Snapshot vote regarding the EarnETH first-loss protection mechanism falling below the 1% threshold has reached quorum and been approved. User losses from EarnETH will be fully covered by Lido Earn’s first-loss mechanism. The rsETH held by the attacker has been liquidated, and the related stETH has been transferred to the DeFi United rescue plan.
Additionally, the EarnETH vault is expected to reopen shortly after the Kelp protocol resumes operation, at which point users will be able to deposit and withdraw funds normally. Lido emphasized that during the freeze period, both the EarnETH and EarnUSD vaults continued to generate yield. Currently, EarnETH users only need to wait for a brief unfreezing process to complete. Once funds are restored, compensation will be provided in accordance with the first-loss protection mechanism.
10:02
Svmuu reported that Max Layton, Citigroup's Global Head of Commodities Research, stated that oil prices will continue to experience sharp volatility until clarity emerges on whether Iran can reach a deal with President Trump. "It's very difficult to predict whether Iran will reach an agreement. In this environment where you simply don't know if a deal will be struck, the market is inevitably news-driven and subject to violent fluctuations." On Thursday, crude oil fell for the third consecutive trading day. Layton noted that this decline was partly due to "the market hoping that both sides can initiate negotiations for an agreement."
However, pressure on the physical crude market in the Middle East persists. Traders said that in April, shipment delays occurred at a key crude oil loading terminal off the coast of Oman, located outside the Strait of Hormuz, disrupting transportation plans and potentially delaying deliveries to buyers. Layton stated that over the past 12 months, the global physical crude market has accumulated approximately 700 million to 800 million barrels of "a fairly substantial buffer inventory." "We are consuming these inventories quickly," he said, but added that the impact will "materialize gradually over a longer period." He further noted that before actually lowering his oil price forecast, he needs to see whether Iran is genuinely ready to reach a deal with the United States.
Last month, after the second round of US-Iran peace talks failed to take place, Citigroup raised its forecast for the Brent crude benchmark price by $15 to $110 per barrel and pushed back its baseline assumption for the reopening of the Strait of Hormuz from mid-to-late April to the end of May. (Jin Shi)
09:56
Svmuu reported that according to Lookonchain monitoring, a wallet associated with Metalpha deposited 27,000 ETH (worth approximately $62.78 million) into Binance in the past hour.
09:47
SvmuuNews Bitwise Asset Management Chief Investment Officer Matt Hougan announced on X platform the launch of the first tokenized fund, Bitwise Crypto Carry Fund (USCC), and stated that "ultimately every fund will be tokenized." The USCC fund adopts a market-neutral strategy, primarily generating returns through crypto market basis trades. Currently, USCC is open to qualified investors, and fund shares are issued in accordance with relevant exemption provisions under U.S. securities laws.
09:43
Svmuu reports that Public, a crypto-friendly investment app, has announced the acquisition of Treasury App, an AI-powered investment service platform. The specific acquisition amount has not been disclosed. This move aims to strengthen its AI-driven brokerage business layout, with a focus on advancing AI-centric investment experience upgrades. Currently, Public supports trading of stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL. (Prnewswire)
09:39
Svmuu News: Stripe officially announced a partnership with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS launched the AgentCore Payments feature on the same day, allowing AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent service fees. Among them, Privy (a Stripe-owned company) will collaborate with Coinbase to provide wallet infrastructure and payment channels, supporting the initial stablecoin payment capabilities for AgentCore.
09:38
Svmuu reported that U.S. Senator Elizabeth Warren has sent a letter to Mark Zuckerberg requesting that Meta provide more information regarding its latest stablecoin initiative, criticizing the company’s "concerning lack of transparency" in related operations.
In the letter, Elizabeth Warren stated that given Meta’s massive global user base, any stablecoin-related business could have significant implications for market competition, user privacy, payment system integrity, and financial stability.
Previously disclosed information indicates that Facebook has tested stablecoin payment features with a select group of creators in Colombia and the Philippines. The relevant solution is based on USD Coin (USDC), requiring users to link a third-party crypto wallet address. A Meta spokesperson responded by stating that the company "does not have a Meta stablecoin" and currently merely aims to allow users and merchants to utilize various payment methods on the platform, including third-party stablecoins.
It is worth noting that Meta launched the stablecoin project Libra (later renamed Diem) in 2019, but ultimately terminated it in 2022 due to regulatory pressure. Warren has long been one of the toughest crypto critics in the U.S. Congress and has repeatedly raised questions about Meta's stablecoin plans. (Fortune)
09:34
Svmuureports, according to the latest data from Gate, the price of gold has risen to $4,747.54 per ounce, with an intraday increase of 1.18%. The price of silver has risen to $80.923 per ounce, with an intraday increase of 6.03%.
BVIX (BTC Volatility Index) is currently quoted at 40.54, down 1.48% intraday. EVIX (ETH Volatility Index) is currently quoted at 56.47, up 1.75% intraday.
In the forex market, the USD/CNH pair is down 0.25% intraday, with the current exchange rate at 6.79639. The USD/JPY pair is down 0.01% intraday, with the current exchange rate at 156.295. In global stock indices, the Euro Stoxx 50 (EUSTX50) is down 0.27% intraday, reported at 6021.5 points; the UK FTSE 100 (UK100) is down 0.68%, reported at 10350.5 points; and the German DAX 40 (GER40) is down 0.29%, reported at 24856.1 points.
In commodities, WTI crude oil is down 5.21% intraday, reported at $92.7 per barrel. Brent crude oil is down 4.26% intraday, reported at $101.82 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, covering precious metals, forex, global stock CFDs, major indices, and commodities among other asset classes, achieving deep integration of crypto assets and traditional financial assets. Gate's TradFi-related features are now fully integrated into the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing the multi-asset allocation experience.
09:33
According to data from msx.com, as the U.S. stock market opened, the Dow Jones rose 0.44%, the S&P 500 rose 0.1%, the Nasdaq rose 0.11%, and the VIX fear index fell 0.35%. Crypto-related stocks fell broadly, with American Bitcoin down 6.8%, Hut 8 down 5.09%, Circle down 3.01%, Sharplink Gaming down 2.46%, and Bit Digital down 2.08%.
It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens cumulatively, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, etc.
09:23
Svmuu reported that Adam, a macro researcher at Greeks.live, posted on platform X, stating that Bitdeer, which has been recommended since the beginning of the year, has recently risen. He has been buying and holding it for several months but has not mentioned it recently. US-listed crypto stocks have performed well recently, which is a long-term signal with a change cycle measured in months.
09:22
Svmuu reports that, according to on-chain analyst Ai Yi’s monitoring, address 0x8Ad…Ab818 deposited 14,062 ETH (worth $32.82 million) into Binance. This batch of ETH was just redeemed from Etherfi, suspected to be for selling.
09:21
Svmuu Report: In response to Strategy founder Michael Saylor's recent indication that he might sell some Bitcoin if it benefits the company, economist and cryptocurrency critic Peter Schiff commented on Platform X, stating that Saylor's "commitment" might help extend the current system's operational timeline. However, Schiff anticipates Saylor is more likely to choose to suspend dividend payments on its perpetual preferred stock STRC, leading to a significant drop in STRC's share price, rather than selling Bitcoin, thereby avoiding an impact on Bitcoin's price.
09:15
Svmuu reported that Manta Network has announced the closure of its staking program, stating that the inflationary reward mechanism dilutes the value of MANTA token holders over the long term and does not align with the project's future development direction. It is reported that staking rewards will officially cease two weeks from now (April 20, 2026). Node operators can exit at any time starting immediately, and no further network rewards will be generated after the staking program ends.
Manta Network added that it plans to take over the Layer 2 infrastructure operations of Manta Pacific, transitioning to operating its own sequencer and underlying technology stack to enhance network autonomy and streamline operational structures.
09:11
Svmuu News: Nasdaq-listed Bitcoin treasury company Hyperscale Data has announced an expansion of its digital asset and precious metals reserve strategy and will purchase 2,000 ounces of gold. As of now, the company holds 680.9595 BTC and 10,000 ounces of silver, with plans to increase its silver holdings to 100,000 ounces in the future. (PRNewswire)
09:09
Svmuu reported that Mysten Labs co-founder Adeniyi Abiodun stated at Consensus 2026 that the Sui network has processed over $1 trillion in stablecoin transaction volume since August last year, and plans to launch zero-fee stablecoin transfers and privacy payment features.
Abiodun stated that Sui aims to become the "default network for the future flow of funds," noting that current traditional cross-border payment systems charge excessively high fees. For example, transferring $100 to Nigeria could incur a $35 fee. Future financial systems should not be as fully public as social media, and users require stronger privacy protection capabilities. Sui is developing a storage layer that supports encrypted transaction intents to accommodate AI Agent-driven automated payments as well as future refund and fraud handling mechanisms. Additionally, Sui is currently testing quantum-resistant signature technology on its testnet, aiming to complete deployment before the EU's quantum security requirements take effect in 2030. Abiodun also expressed willingness to coordinate with the Bitcoin ecosystem and open-source the relevant research.
However, Sui has recently faced technical stability challenges, with its mainnet experiencing several hours of downtime in January 2026. The current price of SUI is approximately $0.99, down about 81% from its all-time high of $5.35 set in January 2025. (The Block)

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