Jinshi Data Compilation: Daily Cryptocurrency Dynamics Summary (2025-04-29)

1. Trump has been in office for 100 days, and the crypto market has evaporated $537 billion in market value.

2. The supply of Bitcoin on exchanges has dropped to its lowest level in 7 years.

3. The correlation between Bitcoin and gold has significantly rebounded after “decoupling” in February, echoing historical cycles.

4. Cambridge University report: The proportion of sustainable energy used in Bitcoin mining has increased to 52.4%.

5. Bloomberg analyst: The launch date of ProShares XRP futures ETF is not April 30.

6. 10x Research: Bitcoin is facing resistance around 94,000 to 95,000 yuan and may experience short-term consolidation before breaking $100,000.

7. Coinshares: Bitcoin's hash rate is expected to break 1 Zettahash per second as early as July.

8. The QuantMaster project confirmed it was compromised by malicious code implanted by an employee, and developers reported to lock in suspects.

9. Coinbase claims the Lightning Network facilitated 15% of its Bitcoin trading volume.

10. Abu Dhabi Sovereign Wealth Fund ADQ and two other institutions plan to collaborate to launch a dirham stablecoin.

11. BlackRock's IBIT and Strategy's Bitcoin holdings gap has narrowed to just 20,000 coins.

12. U.S. senators are demanding government officials respond to Trump's cryptocurrency interests.

13. FTX is suing two token issuers to recover unreturned assets and plans to initiate more lawsuits.

14. The Arizona state legislature has passed a Bitcoin reserve bill and sent it to the governor.

15. The Ethereum Foundation updates its vision and core principles, emphasizing decentralization and ecological empowerment.

16. OKX Pay officially launched, with the first phase of stablecoin payments supporting USDT and USDC.

17. Coinbase will launch a Bitcoin yield fund on May 1, targeting non-U.S. institutional investors.

18. Grayscale's GBTC has an implied annual income exceeding $268 million, surpassing the total of all other Bitcoin ETFs combined.

19. Brazilian banking giant Itaú invests $210 million to establish Oranje, focusing on strategic Bitcoin reserve accumulation.