Markets

Bitcoin spot trading volume has dropped below $8 billion, marking the lowest level since October 2023. Low liquidity is amplifying price volatility, and with the combined impact of the FOMC decision and oil price shocks, the market faces the risk of sharp two-way swings.

The total market capitalization of stablecoins has reached $322 billion, but the 30-day on-chain transfer volume has dropped to $831 billion. USDT, USDC, and DAI saw a combined net inflow of $6.8 billion, while USDe experienced a $1.1 billion outflow due to its yield being compressed to 3.5%.

Bitcoin ETFs recorded a net inflow of $2.44 billion in April, marking the highest level since October 2025. Despite a single day of outflows at the end of the month, institutions continued to increase their allocations. Goldman Sachs’ new ETF application has brought the derivatives sector into the spotlight.

Kelp DAO’s cross-chain bridge suffered a $292 million loss in a cyberattack attributed to North Korean hackers. Led by Aave, DeFi United has raised $303 million to compensate rsETH holders. This article examines the sequence of events and the evolving rescue strategies.

After more than a month of bearish funding rates, ETH funding rates have rebounded for the first time, rising to 0.005%-0.006%. Bitmine increased its holdings by $234 million in a single week, now accounting for 4.21% of the total supply.

Goldman Sachs has filed for a Bitcoin Premium Income ETF, aiming for a 7% target yield through a covered call options strategy. This move marks a new phase for institutional crypto products, shifting from pure spot exposure to income generation.

Spot Bitcoin ETF holdings have now reached nearly 7% of the circulating supply, but Adam Back notes that institutional accumulation could still take 12 to 18 months. Analyzing the slow bull market dynamics driven by ETFs.

Santiment data shows a BTC long-to-short ratio of 1.38:1 and SOL reaching 2.98:1, with retail investor optimism hitting its highest level since late 2025. Institutions warn that when retail traders become overly crowded, the market often moves in the opposite direction.

Analyzing the Macroeconomic Logic Behind Michael Saylor’s $10 Million Bitcoin Price Target: From Corporate Balance Sheet Allocation to the Evolution of National Strategic Reserves, Unpacking the Long-Term Narrative of Bitcoin.

Bitcoin’s market dominance has risen to 60.5%, holding steady above $77,000. Most altcoins are experiencing a pullback, while Dogecoin is up 5.5% for the week. The market is showing signs of a supply squeeze.