ChainCatcher news, according to Bloomberg, Bitwise General Counsel Katherine Dowling stated, "Despite concerns that Trump's meme token may create an environment where participation opportunities are paid for, his involvement in the crypto industry is beneficial. Legislators should ignore the political noise and advance the crypto legislative process."

ChainCatcher news, Placeholder partner Chris Burniske stated that among all crypto assets, the "GENIUS Act" may be most beneficial for Ethereum (ETH), mainly due to its strong stablecoin foundation, robust DeFi infrastructure, and long-established institutional relationships. Analysts believe Solana (SOL) will follow closely behind, while TRON (TRX) may become the overlooked "dark horse" in the market.

ChainCatcher news, according to CoinDesk, influenced by multiple macro positive factors, the price of Bitcoin (BTC) once approached $105,000, reaching a new high since late January. As of the time of writing, the price of Bitcoin has slightly retreated to $104,500, with a 24-hour increase of 1.5%. Ethereum performed even stronger, with a rise of 7.7% during the same period.U.S. President Trump stated on social media that significant progress has been made in the trade negotiations between the U.S. and China held in Switzerland, and both sides have reached a consensus on a "comprehensive reset" of economic and trade relations. On the same day, Trump also announced a "comprehensive immediate" ceasefire agreement between India and Pakistan. Additionally, Russian President Putin expressed his willingness to hold talks with Ukraine in Turkey "unconditionally."Analysts pointed out that the easing of geopolitical tensions and the closure of traditional financial markets have driven funds into the cryptocurrency market.

ChainCatcher news, on April 29, the "2025 HTX DAO Confidence Journey - Dubai Whale Night" hosted by HTX DAO was grandly held in Dubai.At the event, the user growth leader of Huobi HTX comprehensively showcased the platform's SVIP benefits system. This system focuses on three core advantages: "cost optimization, capital efficiency, and exclusive privileges," providing industry-leading solutions for high-frequency traders, institutional investors, and long-term holders.Specifically, it includes: ultra-low fees (spot Maker as low as 0.0126%, contract Maker 0 fee), low-interest high-limit leveraged loans, customized wealth management, one-on-one exclusive account managers, and global elite private board meetings.According to reports, SVIP users can reduce fees by upgrading their Prime level, saving nearly ten thousand dollars in transaction costs per month; they can also increase returns by up to 20% through flexible wealth management and increasing loan limits.In addition, the Huobi HTX SVIP recruitment program has been launched simultaneously, inviting new users to upgrade to SVIP to share a million dollars, with a maximum reward of 5,000 USDT per person. Moreover, special invitations for VIP rewards from other platforms are doubled, and inviting multiple people can earn an additional maximum of 2,000 USDT cashback voucher airdrop rewards.

ChainCatcher news, the fintech giant Revolut is set to double its pre-tax profit to £1 billion ($1.3 billion) by 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading. According to the annual report released on Thursday, April 24, Revolut's profits soared from £438 million in 2023, while revenues jumped from £1.8 billion to £3.1 billion. A key factor in Revolut's strong performance is its wealth division, which includes stock and digital asset trading. With a rebound in cryptocurrency trading activity, this division generated £506 million in revenue, nearly quadrupling that of 2023.

ChainCatcher news, today AB DAO announced the official launch of a joint market plan with the world's second-largest digital asset trading platform Bitget, introducing a dual incentive event with a total prize pool of 213,307,000 $AB (approximately 2.6 million USD) around the AB TGE (Token Generation Event) to accelerate ecosystem launch.Event 1: PoolX Locked Mining: Stake AB and BGB to receive AB airdropStaking period: April 16, 2025, 10:00 -- April 30, 2025, 10:00 (UTC+8)Total airdrop amount: 135,173,000 $ABEvent 2: CandyBomb Airdrop: Trade AB or BGB to win airdropEvent period: April 16, 2025, 10:00 -- April 23, 2025, 10:00 (UTC+8)Total airdrop amount: 78,134,000 $ABIn addition, AB DAO and Bitget will carry out collaborative promotion in global markets, covering key regions such as Southeast Asia, Europe, America, and the Middle East, further expanding their global influence in the Web3 field. AB DAO will continue to expand trading platforms and ecological partners, accelerating the construction of an open, transparent, and inclusive Web3 decentralized infrastructure.

ChainCatcher news, according to Dennis Porter, co-founder of the Satoshi Action Fund, stated on social media that market structure legislation will provide a significant boost to BTC prices. He pointed out that once the relevant bill is signed into law, it will open the floodgates for capital inflow, and the scale of capital inflow will reach unprecedented levels.

ChainCatcher news reports that, according to 4E monitoring, the threat of an escalation in the China-U.S. tariff war has overshadowed the positive effects of slowing inflation. Investor concerns have taken precedence, and U.S. stocks failed to maintain Wednesday's significant rebound. On Thursday, the three major indices at one point dropped by at least 5%, although the decline narrowed towards the end of trading. By the close, the S&P 500 index fell by 3.5%, having at one point dropped by 6.3%, nearing the 7% first-level circuit breaker, marking the largest intraday drop since March 2020; the Nasdaq fell by 4.31%, and the Dow Jones by 2.5%. Major tech stocks collectively declined, with the seven giants index dropping by 6.67%.In the cryptocurrency market, the strong rebound from the previous day reversed sharply last night alongside the U.S. stock market. Bitcoin fell from $82,000 to a low of $78,464, nearly erasing all gains from the previous day. As of the time of writing, it is reported at $80,258, down 2.67%. Among the top ten mainstream coins, Ethereum performed the weakest, influenced by whale sell-offs and the decoupling of sUSD, briefly falling below $1,500. Before the deadline, it is reported at $1,541, down 6% in nearly 24 hours.In the forex commodities sector, the U.S. dollar index fell by 1.89%, marking the largest single-day drop since 2022. Oil prices dropped over 3% due to weak supply and demand expectations. Risk aversion surged, with gold reaching $3,220, setting a new historical high.Latest data shows that the U.S. March CPI fell short of expectations across the board, but the impact of tariffs has yet to be fully realized, which may soothe investors in the future. As Trump's chaotic tariff policies continue to disrupt the market, expectations of a tightening global supply chain have intensified, raising broader concerns about an economic recession. The market remains skeptical about whether the 90-day tariff delay can lead to substantial negotiation outcomes.

ChainCatcher news, the multi-asset liquidity center project Aster announced the launch of mining points acceleration and contract experience funds. Users who have traded on platforms such as Hyperliquid, Drift, and GMX in the past 30 days can visit the Aster event page to check their eligibility. Eligible users can receive up to 1.1x mining points acceleration and claim a contract experience fund equivalent to 100 USDT.Previous report, the multi-asset liquidity center project Aster announced on X that starting from April 10th, 00:00 (UTC), the Aster Pro mode has been launched. Users trading in Aster Pro mode can earn Rh Points.

ChainCatcher news, according to the International Business Times, U.S. Representative Gerald Connolly, a Democrat from Virginia, is pressuring the U.S. Treasury to halt plans to establish a strategic Bitcoin reserve. In a letter to Treasury Secretary Scott Bessent, Connolly pointed out that the plan, issued by Trump through an executive order, has "obvious conflicts of interest" and provides "no clear benefit to the American people."As a senior Democrat on the House Oversight and Government Reform Committee, Connolly questioned the necessity of establishing a Bitcoin reserve, noting that the U.S. has historically created strategic commodity reserves through "congressional legislation" rather than investing in the highly volatile cryptocurrency market. He also emphasized that the reserve would benefit Trump and his family and allies, rather than American taxpayers.

ChainCatcher news, CoinDesk analyst James Van Straten stated that although the short-term shows characteristics of a bear market, the positive shift in the U.S. government's attitude towards digital assets may bring long-term benefits for Bitcoin.Since President Trump took office on January 20, the price of Bitcoin has fallen from $109,000 to $80,000, displaying a typical "sell the news" pattern. This price movement is similar to the situation after the listing of the U.S. spot Bitcoin ETF in January 2024. At that time, Bitcoin rose over 40% from October 2023 to January 2024, but experienced a 20% pullback after the ETF was listed. Following Trump's election victory, Bitcoin surged 60% and reached an all-time high of $109,000, before undergoing a nearly 30% correction.Analysis shows that both events followed a similar pattern: positive news triggered local peaks in Bitcoin prices, followed by significant pullbacks. Although the short-term shows characteristics of a bear market, the positive shift in the U.S. government's attitude towards digital assets may bring long-term benefits for Bitcoin.

ChainCatcher news, the cryptocurrency financial service platform Matrixport's spot trading (MP Spot) announces that starting from March 10, 2025, at 14:00, it will officially launch a new customer benefits activity.Eligible users participating in the event will have the chance to receive trading rewards worth over 388 USDT and a chance to enter the big prize wheel lottery. The big prize wheel lottery guarantees a 100% win rate, and users will have the opportunity to win multiple luxurious gifts, including an iPhone 16 and SOL.It is reported that MP Spot trading offers industry-leading market depth, a wide range of trading pairs, and an innovative VIP mechanism, dedicated to providing users with a smooth, efficient, and secure trading experience, helping smart investors navigate the market.

ChainCatcher news, Zhao Changpeng stated in a post on the X platform in response to community users that it is still unknown how Binance's voting mechanism for listing and delisting coins will be classified and operated. Voting based on user numbers benefits large communities, while value-based voting favors whales and large holders. Regardless, there will always be complaints about delisting within the community.ChainCatcher previously reported that according to Binance's announcement, Binance will optimize its listing mechanism, introducing "voting for listing" and "voting for delisting" community governance models, granting users more decision-making power, while not profiting from listings, and will disclose project marketing costs and batch airdrop tokens.