ChainCatcher news, according to CoinDesk, Bitcoin and other major cryptocurrencies fell more than 3% during the early Asian trading session on Friday, in line with market expectations, primarily due to profit-taking. Sean Dawson, research director at the on-chain options platform derive.xyz, stated: "In the past 24 hours, the probability of Bitcoin breaking above $100,000 before June 30 has increased from 20% to nearly 30%. Meanwhile, the probability of Ethereum staying above $2,000 before June 30 is now a toss-up—previously at 40%."Alex Kuptsikevich from FxPro remains cautious, focusing on the $80,000 support level for Bitcoin as a key observation area: "The crypto market has yet to break its 200-day moving average, currently close to $2.9 trillion. A strong breakout above this level could trigger a positive buying phase, but there is also the risk of a short setup trap, as they have done multiple times before.""It is crucial for Bitcoin to maintain momentum by staying above this key level. If this can be achieved, it may rekindle market interest in a range of tokens that have been in a correction phase for some time," he added, referring to the broader altcoin and meme coin market.

ChainCatcher message, according to SoSoValue data, the cryptocurrency sector generally retraced, with Ethereum (ETH) dropping 2.02% in 24 hours, falling below the $2000 mark. The SocialFi and CeFi sectors remained relatively strong, with the SocialFi sector rising 1.44% in 24 hours. Within this sector, Toncoin (TON) increased by 2.14% due to significant financing and other factors, while Galxe (GAL) rose by 3.10%. The CeFi sector increased by 0.67%, with Binance Coin (BNB) up by 1.14%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that the ssiSocialFi and ssiCeFi indices rose by 2.37% and 0.55% respectively in 24 hours, with weekly returns reaching 24.73% and 6.82%.In other sectors, the Layer1 sector fell by 1.08% in 24 hours, the Meme sector dropped by 1.12%, but Pepe (PEPE), Bonk (BONK), and dogwifhat (WIF) rose against the trend by 4.90%, 2.85%, and 3.39% respectively. The PayFi sector decreased by 1.24%, the DeFi sector fell by 1.31%, the Layer2 sector dropped by 1.43%, and the RWA sector declined by 4.47%. Within this sector, Pendle (PENDLE) still rose against the trend by 3.79%, but Plume (PLUME), which had seen significant gains recently, experienced a correction, dropping 14.88% in 24 hours.

ChainCatcher news, according to Decrypt, cryptocurrencies such as Bitcoin, Ethereum, and Solana rose after the Federal Reserve maintained interest rates on Wednesday and the Fed Chair delivered reassuring remarks, with U.S. stock markets also climbing. Looser financial conditions seem to be boosting risk appetite. The dollar recorded its third-largest three-day decline since 2015, while U.S. Treasury yields and bond market volatility also significantly decreased.Real Vision's chief cryptocurrency analyst Jamie Coutts stated that these changes could lay the groundwork for a significant rise in Bitcoin over the next 90 days. Coutts said, "Historically, these signals often precede significant volatility in Bitcoin. The market may currently underestimate the speed at which Bitcoin could rise rapidly—despite ongoing issues with Trump tariffs and potential economic recession, Bitcoin could reach an all-time high before the end of the second quarter."

ChainCatcher news, according to the official announcement, Huobi HTX has launched the Tron SunPump Meme Token Carnival event, providing fee discounts for popular Meme coins in the Tron TRON ecosystem. From March 19, 13:30 to April 19, 23:59 (UTC+8), users participating in the spot trading of SUNWUKONG/USDT, TBULL/USDT, SUNDOG/USDT, FOFAR/USDT, SUNCAT/USDT, TRONBULL/USDT, MUNCAT/USDT, SZN/USDT can enjoy a 0 trading fee.At the same time, starting today, Meme coins that rank high and have high popularity on SunPump, and meet the listing standards after review, can be directly listed on Huobi HTX and will be exempt from trading fees for one month. It is reported that SZN, which was listed on Huobi HTX on March 19, is the first new coin from the SunPump series to enjoy this preferential policy.

ChainCatcher message, Federal Reserve Chairman Powell stated at a press conference that the U.S. economy is strong, and slowing the pace of quantitative tightening (QT) is a "technical" decision.Powell mentioned that he is currently assessing economic data, and although recent figures show a slowdown in consumer spending and increased uncertainty for households, he added that this is occurring on the basis of rapid growth in recent years. Powell also stated that the labor market remains solid.

ChainCatcher news, according to Whale Alert monitoring, Tether has issued an additional 1 billion USDT on the Tron network.Tether CEO Paolo Ardoino stated that the additional 1 billion USDT is for inventory replenishment. This is an authorized but unissued transaction, which means that this amount will be used as inventory for the next issuance request and chain swap.

ChainCatcher news, TRON founder Justin Sun posted on platform X, announcing that he will fully promote the development of the TRON meme ecosystem, stating "Meme is so hot, it's time for Brother Sun to join in," and viewing TRON memes as a core focus. He mentioned that the TRON meme craze is about to hit, and he is fully betting on the meme track, also asking who will become the leading figure in the TRON meme community, sparking attention and discussion.It is reported that SunPump is the first fair launch platform for memes in the TRON ecosystem, providing policies such as gas fee reductions to assist in the rapid launch and ecological development of meme projects.

ChainCatcher news, according to Decrypt, the director of the movie "47 Ronin," Carl Rinsch, has been arrested for allegedly embezzling $11 million from Netflix and is facing charges of telecommunications fraud and money laundering.Prosecutors allege that Rinsch applied for additional funds from Netflix in 2020 under the pretext of completing the sci-fi series "White Horse," but actually transferred the money into his personal account for investment trading.According to the indictment, Rinsch had lost more than half of the funds by the end of April 2020, using them for highly speculative options and cryptocurrency trading. Reports indicate that if convicted on all charges, Rinsch could face up to 90 years in prison.

ChainCatcher news, according to GMGN data, the ongoing $4.4 million liquidity support program for BNB Chain's second round competition weekly ranking shows significant pattern differentiation. Currently, among the top 50 projects, the Meme sector occupies half of the seats with 22 entries, followed by AI (7), DeFi (6), and gaming (3).The trading volume dimension shows a two-tier differentiation trend, with Meme projects contributing 72.52% of the absolute share, among which 59% of Meme project tokens have increased by over 20%. The DeFi sector ranks second with a 14.61% share, with more than 60% of projects achieving over 20% growth. The AI sector contributes 1.75% of the trading volume, while the DeFi derivatives field accounts for 8.67%. Notably, among the top 50 participating projects, 24 have achieved over 20% growth during the competition period, with some assets experiencing nearly a hundredfold increase in a single day.Additionally, according to DeFilama's monitoring on March 18, the 24-hour trading volume of BSC ecosystem DEX reached $2.544 billion, surpassing Ethereum ($1.348 billion) to top the public chain DEX trading leaderboard.The second round of the liquidity incentive program is currently in full swing, and the latest developments of various early projects on BSC can be captured through official channels.

ChainCatcher news, according to the official announcement, the TRON Nile testnet has been upgraded to the GreatVoyage-v4.8.0 (Kant) pre-release version. This is a mandatory upgrade that will introduce several important updates and governance proposals: including migrating all Math operations to StrictMath to enhance node compatibility, strengthening consensus layer transaction verification to improve transaction processing consistency and stability, and adding multiple TVM instructions to be compatible with the EVM's Cancun upgrade, among others.The official specifically reminds that if you have set up a Nile testnet node, you need to upgrade the node version as soon as possible. It is important to note that the proposals added in Nile testnet GreatVoyage - v4.8.0 will only take effect after voting, and these new features being effective in the Nile testnet does not mean they will also be effective in the mainnet.

ChainCatcher news, regarding the proposal to restore the 70 billion CRO that were destroyed, which was voted through by Cronos, Sonic co-founder Andre Cronje (AC) posted on the X platform questioning and mocking: "Tomorrow, Cronos's market cap will rise from $2.5 billion to $8.5 billion, with just one vote, and this only requires one voter. 1. Market cap is a meme. 2. Decentralization doesn't matter until it matters. 3. Immutability doesn't matter until it matters."Previous news, the proposal to restore the 70 billion CRO by Cronos was voted through, raising questions in the community during the voting process.

ChainCatcher news reports that voting data on Mintscan shows that the proposal to restore the 70 billion CRO tokens that were destroyed has passed with a support rate of 62.18%. This proposal suggests restoring the 70 billion CRO tokens destroyed in 2021 to establish a strategic reserve for Cronos and will update network parameters and token distribution in the Cronos POS V5 upgrade.Additionally, according to Un Chained, the aforementioned proposal had slightly more votes in favor than against before March 16, but it had not yet reached the required quorum of 33.4% to take effect at that time. Just before the voting was about to close, 3.35 billion CRO tokens were added to the yes category, reaching the quorum, and the turnout far exceeded the maximum voting rate.Sources say that the problematic votes came from large validators operated by Crypto.com (including Starship, Falcon Heavy, Electron, Antares, and Minotaur IV), which control 70-80% of the total voting power. One token holder commented on the final result in Telegram, saying, "They (Crypto.com) voted almost at the last minute. Now they have set a precedent that other projects can follow."