02:54 2025-04-07
The giant whale that offered 56,995 WETH to borrow DAI on Maker is on the verge of liquidationAccording to Spot On Chain, a whale offered 56,995 WETH (worth about $90.80 million) on Maker to borrow DAI, which is currently close to being liquidated at a clearing price of $1,564.58.
Earlier today, due to the price plunge, another giant whale has cleared 67,569 ETH ($106 million) at $1,650 to repay a $74.49 million loan, and in the last 24 hours, the cryptocurrency market has cleared a total of $898 million, mostly from long positions.
02:51 2025-04-07
4E: "Black Monday" hits, global risk assets plungeOn April 7th, according to 4E monitoring, the tariff storm swept the world, the market panic was pervasive, and the wave of risk asset selling intensified. After falling nearly 10% last week, US stock futures opened sharply on Monday, with S & P 500 and Nasdaq futures falling more than 5%. As of press time, the decline narrowed, falling 2.39% and 3.17% respectively, and Dow futures fell 2.42%. Asia-Pacific stock markets also opened sharply, with the Nikkei index plunging 8.1%, South Korea's KOSP...
02:45 2025-04-07
The current mainstream CEX and DEX funding rates have intensified the market bearish trendOn April 7th, according to Coinglass data, the current mainstream CEX and DEX funding rates have exacerbated the market bearish trend. The specific mainstream currency funding rates are shown in the accompanying drawings. When the funding rate is 0.01%, it means the benchmark rate. When the funding rate is greater than 0.01%, it means that the market is generally bullish. When the funding rate is less than 0.005%, it means that the market is generally bearish.
02:24 2025-04-07
Goldman Sachs cuts U.S. growth forecast, raises recession forecastGoldman Sachs: Downgraded the US GDP growth forecast for the fourth quarter of 2025 to 0.5% and raised the probability of a 12-month recession from 35% to 45%, due to sharply tightening financial conditions, foreign consumer boycotts, and continued spikes in policy uncertainty, which may restrain capital spending by more than we previously assumed. (Jin Ten)
02:17 2025-04-07
Twitter co-creator Jack Dorsey: If Bitcoin were just a store of value, it would failSpeaking on the "Presidio Bitcoin" podcast, Jack Dorsey, co-founder of Twitter and now CEO of Block, said bitcoin would fail if it became just a store of value, because its success comes from payments. However, due to limited supply, bitcoin has the potential to become a store of value on par with gold, a view that has led many people to be reluctant to spend their bitcoins because they want the value of the asset to continue to grow, but Jack Dorsey pointed out that if bitcoin...
02:05 2025-04-07
Agency: Asian stock markets plunge, markets are eager for a quick U.S. interest rate cutMajor Asian stock indexes tumbled on Monday as White House officials showed no sign of abandoning their sweeping tariff plans and investors bet on rising U.S. recession risks that interest rates could be cut as early as May, with futures markets quickly reflecting expectations for nearly five U.S. rate cuts of 25 basis points this year.
Sean Callow, senior FX analyst at ITC Markets in Sydney, said: "The only real circuit breaker is President Trump's rhetoric, and there is little sign that the ma...
01:59 2025-04-07
This week's unlocked data list: MOVE, APT, and AXS will usher in large unlocksApril 7th news, according to TokenUnlocks data, MOVE, APT, AXS will usher in a large amount of unlocked this week (all Beijing time), of which: MOVE unlocked about 50 million tokens at 20:00 on April 9th, with the current circulation ratio of 2.04%, worth about 16.23 million dollars; APT unlocked about 11.31 million tokens at 16:00 on April 12th, with the current circulation ratio of 1.87%, worth about 49.54 million dollars; AXS unlocked about 9.09 million tokens at 21:10 on April 12th, with the...
01:47 2025-04-07
Defiance plans to launch a double-short leveraged ETF, betting on declining volatilityOn April 7th, according to The Block, Defiance ETFs submitted a new fund application, planning to launch the "Defiance MSTR Double Short Hedged ETF", and shorted two intra-day 2x leverage ETFs (long and short) tracking Strategy (formerly MicroStrategy), in order to take advantage of the volatility attenuation effect caused by long-term holding of leveraged products to obtain income.