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According to The Block, CryptoQuant indicates that Bitcoin's recent rebound has shown signs of increasing profit-taking risk. Bitcoin briefly surged above $76,000 before falling back to around $74,800, testing a key bearish resistance level at approximately $76,800 based on on-chain realized prices. Historically, this range often triggers selling pressure due to holdings approaching breakeven. CryptoQuant pointed out that if the resistance holds, around $67,600 could serve as a short-term major support. CryptoQuant also stated that as prices rise, exchange inflows have significantly increased,

The newly established political action committee in the crypto industry, Fellowship PAC, has raised approximately $11 million, with $10 million from Cantor Fitzgerald, $1 million from Anchorage Digital, and about $3 million spent on political advertising. This expenditure was paid to Nxum Group, which was co-founded by Tether US CEO Bo Hines; the PAC mainly supports Republican candidates and invests in congressional and state-level elections. Although the organization has ties to Tether executives, its primary funding sources are financial institutions, and it is currently unclear whether Teth

Wu said that the latest Federal Reserve Beige Book shows that economic activity across the Federal Reserve districts is generally growing slightly to moderately, with 8 districts expanding, 2 remaining essentially flat, and 2 experiencing slight declines; uncertainties from the Middle East conflict are constraining corporate hiring, pricing, and capital expenditure decisions. Overall employment remains stable, with hiring mainly for replacement, and companies favoring temporary or contract workers; AI has limited impact on overall employment but increases productivity in some scenarios and sup

Wu said that Bitdeer announced its operational data for March 2026, with self-mining output of 661 BTC for the month, a year-over-year increase of approximately 480%. The company's self-mining hash rate is about 69.5 EH/s, with total managed hash rate around 78.1 EH/s; the annualized revenue run rate (ARR) for AI cloud services is approximately $43 million, a month-over-month increase of about 105%. The company is also advancing its AI data center deployment, negotiating leasing agreements with potential clients for the Tydal project in Norway, and has released the SEALMINER A4 miner (with an

Wu Shuo learned that the BNB Foundation announced the completion of the 35th quarterly BNB burn, destroying a total of 1,569,307.34 BNB, estimated to be worth approximately $1.02 billion at the time of destruction; this burn was executed through the Auto-Burn mechanism, and after the burn, the total supply of BNB decreased to 134,786,916.53 tokens.

Wu Shuo learned that trent.eth announced he left the Ethereum Foundation last week, ending his approximately five-year tenure, during which he mainly participated in network upgrades and funding-related matters; he stated that he will continue to work in the Protocol Guild and Ethereum political economy research, provided that ongoing funding is secured.

Flying Tulip (FT) announces the launch of its Delta Neutral Staking Yield strategy for ftUSD on Sonic. Currently, the annualized yield for USDC deposits is 5.39%; the current deposit cap is $10k, and the full deposit limit will be gradually opened as infrastructure improves.

Wu said he learned that Strategy founder Michael Saylor stated that, within the first two weeks before April 2026, Strategy had generated 17,585 BTC Gain, worth approximately $1.3 billion. According to the image he shared, the BTC return rate year-to-date is 5.6%, equivalent to 37,339 BTC (about $2.78 billion); the BTC return rate for this quarter so far is 2.3%, equivalent to 17,585 BTC (about $1.3 billion). Notably, Strategy no longer measures corporate earnings using dollars, but instead directly calculates “Gain” based on the number of BTC. Saylor’s philosophy is that in the future, compan

Wu learned that Bitwise Asset Management announced the launch of the Avalanche spot ETF (BAVA), which was listed and traded on the NYSE on April 15, aiming to provide investors with exposure to Avalanche (AVAX); the fund will stake AVAX through its internal staking division to earn approximately 5.4% staking yield while maintaining liquidity, with a management fee of 0.34%, and no fee for the first $500 million in assets in the first month.

Wu learned that Canaan Inc. disclosed that by March 2026, it had mined a total of 89 BTC, with its balance sheet holding 1,808 BTC and 3,952 ETH, reaching a new record high; during the same period, its global installed power capacity increased to 266.3 MW, with an additional deployment capacity of over 10 MW.

Brix announces the completion of $5.5 million in funding, with participating investors including Yapi Kredi, asset management institutions under Is Bank, Circle Ventures, ConsenSys, and others; the company plans to launch its first product, iTRY, on MegaETH on April 20, which is supported by the Turkish lira money market fund; Brix states it will introduce emerging market income-generating assets onto the chain through tokenization and plans to expand into asset classes such as stocks, funds, and bonds. (The Block)

Wu Shuo learns that Strive announced an increase in its SATA perpetual preferred stock dividend yield from 12.75% to 13.00%, and added approximately 27 Bitcoins, bringing the total holdings to about 13,768 coins; the company also announced a dividend of $1.0833 per share, payable on May 15, 2026; based on a Bitcoin price of approximately $74,750 and a 13% yield assumption, its current asset-liability structure is expected to support about 19.6 years of dividend payments.

Wu Says learned that WLFI has announced it has released a governance proposal involving approximately 62.282 billion WLFI tokens. If passed, the founder, team, advisors, and partners’ locked tokens totaling 45.239 billion WLFI tokens will, after selecting a new unlocking plan, be subject to a 2-year lock-up period and a linear unlock over 3 years, while also triggering a 10% burn, with up to approximately 4.524 billion tokens destroyed. Early supporters’ tokens totaling approximately 17.044 billion will be adjusted to a 2-year lock-up plus a 2-year linear unlock and will not undergo a burn. To

Wu Shuo learned that Tether Investments announced its participation in a $134 million funding round for Stablecoin Development Corporation (NYSE American: SDEV), with investors including R01 Fund LP and Framework Ventures. The company is dedicated to promoting open market access for stablecoin economies and building digital asset infrastructure.

K33 indicates that the 30-day average funding rate for Bitcoin has been negative for 46 consecutive days, comparable to the duration of the bear market bottom in 2022. Amid increasing open interest and rising prices, the pressure on short positions is growing, increasing the likelihood of short squeeze and price breakout; K33 research director Vetle Lunde states that the current combination of sustained negative funding rates, rising open interest, and increasing prices typically appears at consolidation bottoms, and Bitcoin is expected to break out of the 68-day consolidation range and reach

QCP analysis indicates that BTC has rebounded with risk assets to around $74k, with spot prices continuing to rise amid negative funding rates and weakening open interest, showing that bears are still resisting and driving short squeeze movements; however, the options market has not confirmed a breakout, with at-the-money implied volatility around 40%, IV rank still low, one-month volatility lower than three-month volatility, and the 30-day 25-delta risk reversal indicating that downside protection demand remains stronger than upside bets, suggesting that the current market is more of a relief

According to Onchain Lens monitoring, a Bitcoin holder from the Satoshi Nakamoto era has transferred 1,000 BTC (approximately $74.03 million) into two newly created wallets or is preparing to sell; the address currently still holds 1,833 BTC, worth about $135.6 million.

According to Arkham monitoring, Dragonfly has received LIT tokens worth approximately $55.8 million from Lighter; if this allocation belongs to an investor token tranche, it will be locked for 1 year and gradually unlocked within 3 years after the TGE, and the relevant tokens are not expected to be transferred before December 30, 2026.