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TODAY: President Trump publicly threatened to fire Federal Reserve Chair Jerome Powell over his refusal to cut interest rates, accusing him of "playing politics" and expressing growing frustration despite cooling inflation.
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点击加入六哥专属聊天室 Six Brother's Exclusive Chat Room is now open! I will periodically send daily strategies in the chat room, along with红包雨 (red packet rain) and free Binance merchandise! It's also nice to come in for a chat when the market is slow; let's discuss market trends together~ #加拿大推出SolanaETF
In the first quarter of 2025, the total market value of cryptocurrencies fell sharply by 18.6%, resulting in a loss of up to $633.5 billion. As token prices declined, investor activity significantly decreased, with daily trading volume dropping by 27.3% compared to the end of 2024. Among them, the spot trading volume on centralized exchanges decreased by 16.3%, and analysts believe this is at least partly related to the hacking incident at Bybit exchange.
In the first quarter of 2025, Bitcoin's market dominance strengthened, accounting for 59.1% of the total market value of cryptocurrencies. Since 2021, Bitcoin has not reached such a high market share, demonstrating its stability relative to other cryptocurrencies.
However, Bitcoin's price also fell by 11.8%, performing worse than gold and U.S. Treasuries. The report also indicates that the losses for other cryptocurrencies were even more severe. All the gains accumulated by Ethereum in 2024 completely vanished in the first quarter of 2025, and the total locked value (TVL) of multi-chain DeFi also decreased by 27.5%.
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星辰队长
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Binance's new user promotion is here again! New users who deposit and trade can share 120,000 WCT! $BTC $ETH Each new user who completes the task will receive 88 WCT! Register on Binance and complete KYC (real-name authentication), deposit through C2C, and both the deposit and trading volume must be at least 100 U. Each new user can receive a reward of 88 WCT, first come first served. Binance no VPN link: https://www.marketwebb.com/join?ref=NPHG6FO0 Android APK installation package: https://download-1306379396.file.myqcloud.com/pack/BNApp_F0000163.apk During the event: New users must deposit through C2C with no less than 100 U; new users must complete trades with a trading volume of no less than 100 U (spot, leverage, or contracts). Event time: 2025/04/15 00:00:00 - 2025/04/17 00:00:00 (UTC) (8:00 AM Beijing time) Contract high-frequency registrants can come to me for surrounding items ☺️
Update on a few recently focused agreements and matters.
The Megadrop of $KERNEL has ended, and the BNB stored for quick gains has been redeemed early.
Although there is still one day left for the Launchpool of $WCT, the profit for this round is very low, one BNB might not yield 2 WCT.
Based on everyone's estimate of a price of 0.4U, one BNB is 0.8U, the profit margin is about 0.13% or less. I remember the profit margin for each previous round was 1%. It turns out that frequency and quality cannot coexist. __________________
I went to check the TVL data of several other agreements #DeFi .
This month's TGE is for HaedalProtocol with a TVL of $138.75M, ranking fourth on the Sui chain and 141st among all agreements. It seems we need to rely on the momentum of Sui, and there is also @WalrusProtocol as a benchmark. The $haSUI I hold should bring some rewards, but even if there are no rewards, it’s okay; at least I earned some interest.
In May, the TGE for Cygnus has a TVL of $824.47M, ranking 40th among all chains, which is decent. However, I withdrew the USDC stored inside and exchanged it for USDT since the APR difference was 9%, 🤣.
Next, I looked at several agreements on Berachain. Previously, I didn’t check their overall rankings and only thought from the perspective of individual chains. When I looked at it this time, the data was astonishing.
The Liquid Staking agreement Infrared has a TVL of $1.494B, ranking 26th overall; the DEX agreement Kodiak has a TVL of $1.282B, also ranking 26th overall.
Additionally, the BEX ranking from Berachain’s official is also quite good, but I didn’t see 0xBeraPaw on DeFiLlama; I might have missed it.
After reviewing the data, I feel that the expectations for several agreements on Berachain are quite good, so I continued to mine. __________________
My main focus is still on StandX_Official, which is also the project I have invested the most in. Various messages indicate that there will be results in July; hopefully, it will be a significant result.
Recently, many friends have said StandX is just advertising, but that’s really not the case.
I recommend everyone to deposit early; the earlier you deposit, the sooner you can earn points. This is an early benefit, although it won’t be like rushing to mine.
Anyway, using stablecoins to mint $DUSD and keeping it in the wallet yields a 6% APR, and you can Swap it out anytime, so it’s like a deposit.
Direct deposit link: https://standx.com/referral?code=BitHappy
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Babylon is an innovative blockchain project that aims to leverage the security of Bitcoin to provide security for other Proof of Stake (PoS) blockchains. By allowing Bitcoin holders to stake their idle Bitcoins, Babylon provides economic security for PoS chains while enabling Bitcoin holders to earn staking returns. The core of the Babylon protocol architecture is a Cosmos IBC-compatible PoS blockchain built on the Cosmos SDK, which enables data aggregation and communication between the Bitcoin chain and other Cosmos application chains.
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OM (MANTRA) Current Price: $1.07 📉 24h Loss: Over -90% ⚠️ Market Mood: Fear & Uncertainty 😰
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What Just Happened?
The OM token, native to the MANTRA chain, just went through one of the biggest single-day crashes in recent crypto memory 📉. It tumbled from around $6.30 to under $0.50 in mere hours ⚡—a loss of over $5.5 billion in market cap 💔.
This was reportedly due to a forced liquidation event tied to large leveraged positions on centralized exchanges 💣. Once the price started dipping, automated liquidations triggered a domino effect, accelerating the collapse like a flash crash 🌊.
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What is MANTRA (OM)?
OM is the utility token for the MANTRA chain, a Layer 1 blockchain focused on real-world asset tokenization (RWAs)—bringing things like real estate, bonds, and traditional finance onto the blockchain 🏦📲.
Backed by connections to Polkadot and supported by key crypto venture capital, OM had recently gained momentum and was considered a hot project for 2025 🔥.
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Recent Price History
April 1-10: Traded between $6.20 - $6.80 ✅
April 11: Sharp volatility begins ⚠️
April 12: Sudden drop to ~$2.80
April 13: Massive crash to under $0.50
April 14 (Today): Recovered slightly to $1.07
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Should You Worry or Buy the Dip?
Here’s what to consider: ✅ Bull Case:
Strong fundamentals behind MANTRA’s tech and mission
Potential for quick recovery if market stabilizes
"Fear zone" might present a rare accumulation window for risk-tolerant investors 💎 #om