● Michael Saylor hints at increasing Bitcoin holdings, releases investment tracking chart again
According to BlockBeats, on April 27, Strategy founder Michael Saylor released an investment tracking chart again, captioned 'Stay Humble. Stack Sats.', hinting that he will continue to increase his Bitcoin holdings.
● Analysis: Bitcoin has returned above the 200-day moving average, bullish outlook expected
According to BlockBeats, on April 27, analyst @ali_charts pointed out that BTC has returned above the 200-day moving average, which is a historically positive signal that usually indicates further price increases. Bitcoin formed a 'death cross' on the daily chart on April 6, where the 50-day moving average fell below the 200-day moving average. Since its inception, Bitcoin has experienced 10 such 'death crosses', with the 11th currently occurring. Analyzing the dates and durations of these 'death crosses' leads to the conclusion that each bear market contains one 'death cross', but not every 'death cross' leads to a bear market. This is key to understanding the current market landscape.
● Top trader Eugene Ng Ah Sio reduces long positions as Bitcoin fails to break $95,000
According to BlockBeats, on April 28, top trader Eugene Ng Ah Sio stated in his personal channel that there is significant differentiation within the altcoin market, with small-cap altcoins rising by 50%-200%, while SOL and ETH show weak performance.
Considering that Bitcoin has failed to hold above $95,000, Eugene Ng Ah Sio has reduced his long positions and returned to a short position. He suggests taking what can be taken in the market and stopping in a timely manner if it cannot be obtained.
● The cryptocurrency fear and greed index drops to 54, market turns neutral
According to Deep Tide TechFlow, on April 28, Alternative.me data shows that the cryptocurrency fear and greed index has dropped to 54. The index was 61 yesterday, indicating that the market has shifted from a 'greed state' to a 'neutral state'.
● Ripple president states no listing plans for 2025, cash reserves are sufficient
According to BlockBeats, Ripple president Monica Long stated that Ripple has no listing plans for 2025. The company has sufficient cash reserves and does not need to raise funds or increase visibility through an IPO.
CEO Brad Garlinghouse supports this decision. Previously, Ripple repurchased some shares at a valuation of $11.3 billion, lower than the $15 billion valuation in 2022, indicating its strategic orientation towards maintaining independent development.
● SEC approves three ProShares XRP futures ETFs to be listed on April 30, 2025
According to BlockBeats, on April 27, the U.S. SEC approved three XRP futures ETFs from ProShares Trust: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. ProShares Ultra XRP ETF aims to provide double the returns of XRP futures prices. ProShares UltraShort XRP ETF aims to provide double the inverse returns of XRP futures prices. ProShares Short XRP ETF aims to provide inverse returns of XRP futures prices. These three futures ETFs are scheduled to officially list for trading on April 30, 2025.
● Net inflow into U.S. Treasury funds reaches an all-time high of $19 billion
According to BlockBeats, on April 27, net inflow into U.S. Treasury funds reached an all-time high of approximately $19 billion, exceeding the previous record of about $14 billion during the pandemic in 2020. Meanwhile, the yield on 30-year U.S. Treasury bonds has dropped nearly 30 basis points from its peak in April, indicating stabilization in the U.S. bond market.
● Trump's cryptocurrency project WLFI team meets with CZ in Abu Dhabi
Binance founder and former CEO Zhao Changpeng (CZ) met with the WLFI team in Abu Dhabi. CZ stated on X (formerly Twitter), 'I feel traditional media will try to fabricate some negative reports. But we continue to build.'
