Chamath Palihapitiya: Bitcoin will rise to between $200,000 and $500,000 after halving

The dollar index DXY fell to 99, falling 0.62% during the day.

U.S. stocks continued their decline, with the S & P 500 down 1%, the Nasdaq down 1.3% and the Dow down 0.5%.

According to Coinglass data, the unpositioned squaring position of the bitcoin futures contract on the whole network is 674,790 BTC (about $63.24 billion). Among them, the unpositioned squaring position of the CME bitcoin contract is 147,110 BTC (about $13.78 billion), ranking first; Binance Bitcoin contract unpositioned squaring position 115,730 BTC (about $10.85 billion), ranked second.

The full session of the Arizona House of Representatives will begin at 1 p.m. local time today. Bitcoin reserve bills SB1373 and SB1025 are on the agenda and a final vote is expected.

"Today we met one-on-one with more than 12 project founders. All of their projects are funded by YZi Labs. Lots of gains. Keep up the good work," Binance founder CZ said in a social media post.

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC (IHC.AD) and the UAE's largest bank by assets, First Abu Dhabi Bank (FAB.AD), announced plans on Monday to launch a new stablecoin backed by the dirham, the official currency of the United Arab Emirates (UAE). The three companies said in a statement that the stablecoin will be fully regulated by the UAE Central Bank. The move marks a further deepening of investment in the cryptocurrency sector in the Gulf countries.

Led by the DeFi Education Fund, more than 70 people in the crypto industry signed a letter to David Sacks, the White House director of AI and crypto affairs, urging the Trump administration to end the Justice Department's "excessive enforcement" of open-source software developers such as Roman Storm, co-founder of Tornado Cash, in order to protect American developers and achieve its goal of making the United States the "global crypto capital."

Bloomberg ETF analyst James Seyffart said in a social media post, "A lot of people are posting/reporting that ProShares will launch the XRP ETF on April 30th. We have confirmed that this is not the case. There's no firm launch date yet, but we think they will - probably in the short or medium term. "

Mastercard is moving deeper into the digital asset economy, announcing new global features on Monday to support stablecoin payments across its vast merchant network. The payments giant is partnering with cryptocurrency trading platform OKX to launch the "OKX Card", which aims to connect crypto trading and Web3 activities with everyday consumption. Meanwhile, through the partnership with Nuvei and Circle, merchants will soon be able to settle transactions directly using stablecoins, including Cir...

According to the chain analyst @ai_9684xtpa monitoring, a flat idling whale lent 7 million USDC again in the past 10 minutes to buy 3974 ETH at an average price of $1759.25.

The Ethereum Foundation released a statement saying that in the coming year, it will work around two pillars: core values and strategic goals, underpinned by technical excellence, to drive the long-term success of the Ethereum ecosystem. Specific priorities include: Expanding the Ethereum mainnet (L1) and data scalability (Blobs). 2. Improve user experience (UX), strengthen L2 interoperability and application layer development; 3. Promote the improvement of developer experience (DevEx), and stre...

On April 28, Tianmao Group announced that the 2024 annual report and 2025 Quarter 1 report originally scheduled to be disclosed on April 29, 2025 may not be disclosed on time due to the need to supplement some information. According to regulations, if the company fails to disclose the annual report within the statutory period, the Shenzhen Stock Exchange will suspend the trading of the company's shares and their derivatives on the next trading day after the expiration of the relevant periodic re...