夫人的夫人

据 BlockBeats 报道，OpenAI 官方宣布，用户将很快可以通过 ChatGPT 购买产品。该功能面向所有用户推出，无论他们是否为登录用户。购物者无法在 ChatGPT 内部结账，将被重定向到商家网站完成交易。
OpenAI 向潜在购物者展示的产品推荐基于 ChatGPT 对用户偏好的记忆，以及从整个网络上提取的产品评论。OpenAI 的发言人表示，不会为通过 ChatGPT 进行购买行为收取联盟营销收入。#空投发现指南

The U.S. Securities and Exchange Commission (SEC) cryptocurrency special task force released a memorandum, disclosing that it held meetings on April 28 with MV Global Services LLC, Paid Network, and Ashbury Legal PC to discuss issues related to the regulation of digital assets. The focus of the meetings included the determination of the securities characteristics of digital assets, market access for retail investors, and Paid Network's business expansion plans in the United States. MV Global emphasized that the current regulatory uncertainty in the U.S. is leading startups to prefer registering in jurisdictions such as Singapore, Switzerland, and the Cayman Islands, which may undermine the U.S.'s leadership position in blockchain innovation. Furthermore, the existing accredited investor rules limit retail investors' opportunities to participate in early-stage projects, and the burdensome KYC/AML compliance requirements also pose challenges for resource-constrained startups. Therefore, there is a call for the SEC to promote a clearer regulatory framework to support the competitiveness and innovative capacity of the U.S. in the digital asset space. #特朗普税改

Background of Hashdex's Launch of XRP Spot ETF: Brazil's 2022 'Crypto Asset Legal Framework' includes virtual assets as financial assets, receiving regulatory approval in February 2025 and listing in April; the new SEC chair in the United States aims to build a clear regulatory framework, and Ripple won the lawsuit against the SEC, ruling that XRP is not a security in the secondary market. XRP has high liquidity and advantages in cross-border payment scenarios, with strong demand from investors in Brazil and other regions. Meanwhile, under the trend of institutionalization of cryptocurrencies, Hashdex is improving its product line leveraging its first-mover advantage. #XRPETF

Hashdex launches the world's first XRP spot ETF (XRPH11), marking an important step in the institutionalization of the cryptocurrency market. The product has been approved and listed by Brazilian regulators, driving the XRP price to break through $2.7 and the market capitalization to rebound to $156 billion in the short term. Its significance lies in:

1. Regulatory Breakthrough and Market Demonstration Effect
As the first country to approve the XRP spot ETF, Brazil provides a regulatory reference for other regions. Although the SEC in the US has not yet approved it, Bloomberg analysts predict a 65% probability of approval, and the new chairman Paul Atkins's appointment may accelerate policy easing. This progress may encourage more countries to follow suit and propel XRP into a mainstream investment target.

2. Liquidity and Capital Inflow Effect
With high market depth (ranking first in centralized exchanges at 1% depth) and advantages in cross-border payment scenarios, XRP attracts institutional funds. JPMorgan predicts that if the US XRP spot ETF is approved, the first-year capital inflow could reach $8 billion, further consolidating its position as the third-largest market cap. Standard Chartered is even more optimistic, predicting that XRP prices could rise to $12.5 by 2028, with ETF capital inflow being one of the key driving forces.

3. Risks and Uncertainties
Although Ripple has achieved a phased victory in its lawsuit against the SEC (the court ruled that secondary market sales of XRP do not constitute securities), doubts about the regulatory relationship between XRP and Ripple still exist in the US. Additionally, the options market shows a warming bearish sentiment in the short term, and XRP may face price correction pressure. Investors need to be wary of regulatory reversals and market volatility risks.

Overall, Hashdex's XRP spot ETF is a milestone in the compliance of cryptocurrencies, but its long-term success depends on global regulatory coordination and the continuous enhancement of market liquidity. #Hashdex推出XRP现货ETF

Based on the current market conditions, it is recommended to adopt a range trading strategy:
Short-term short position: ETH current price is $1760, the daily candlestick is fluctuating near the EMA30 support level of $1730, the MACD indicator has a bearish crossover at a high level and the red bars are shrinking, indicating a depletion of bullish momentum. Institutions are accelerating the transfer of ETH to exchanges (for example, Galaxy Digital transferred 6,528 ETH in a single day), combined with the SEC delaying the approval of the staking ETF, significant selling pressure is present in the short term. A light short position can be taken in the range of $1780-$1800, with a stop loss at $1820 and a target looking down at $1700-$1680. If it breaks below $1680, further support can be looked at around $1620.
Risk Warning: The Pectra upgrade (on May 7) may trigger market sentiment fluctuations. If the price stabilizes above the $1730 support, caution should be taken against a bullish rebound. Position control should be kept within 20%, with strict stop-loss implementation to avoid the risk of severe fluctuations brought by upgrade expectations.

(Note: The above recommendations are based on current data, and the market changes rapidly, requiring real-time adjustments.)$ETH

On April 2025, the Trump administration announced a 90-day suspension of new tariffs for over 75 countries and a unified reduction of existing rates to 10%, but China was excluded, with tariffs on its goods exported to the US rising to 125%. This policy adjustment reflects Trump's 'carrot and stick' negotiation strategy, using tariffs as a means to gain negotiating space in the short term, while attempting to reshape global trade rules and promote the return of manufacturing in the long term.

From the market's reaction, the news of suspended tariffs eased concerns about escalating trade frictions, leading to a significant rise in US stocks, with the Nasdaq index recording its largest single-day increase since 2001. However, this move is essentially a strategic buffer, aiming to negotiate with various countries during the 90-day window, demanding conditions such as market opening and increased purchases from the US, rather than genuinely abandoning trade protectionism. In the long run, the repeated changes in tariff policy have triggered turmoil in global supply chains, with US companies like Boeing and Tesla facing difficulties due to soaring costs and supply chain risks, which may reveal stagflation pressures in the third quarter.

Although China was not included in the tax reduction, it actively responds through countermeasures, market diversification, and industrial upgrades, such as accelerating semiconductor independence and expanding 'Belt and Road' trade, demonstrating economic resilience. Overall, Trump's tariff policy has temporarily alleviated market panic, but the risk of a fragmented global trade system has intensified, and the game is far from over.

According to official data, Ripple's RLUSD stablecoin reached a deposit volume of 76 million USD just four days after its launch on the Aave V3 Ethereum Core market. RLUSD was integrated into Aave on April 21, allowing users to deposit and borrow, demonstrating rapid early adoption. RLUSD is backed 1:1 by USD reserves and government bonds, emphasizing compliance and transparency, and aims to innovate cross-border payments through stablecoins, enhancing its application in DeFi and traditional finance. $ETH

In 2025, Ethereum is opening a new cycle through the Pectra upgrade, with three core transformations reshaping the infrastructure:

- Account Abstraction (EIP-7702): A hybrid account model achieves transaction batching, gas sponsorship, and multi-signature security, pushing the wallet experience closer to Web2.

- Enhanced Layer2 Scalability (EIP-7691): Blob space is doubled, reducing the cost of a single Layer2 transaction to below $0.001, clearing obstacles for large-scale applications in DeFi and NFTs.

- Optimized Validator Ecosystem: The staking limit is raised to 2048 ETH, deposit delays are shortened to 13 minutes, accelerating the entry of institutional funds and liquidity.

The deep empowerment of the Binance ecosystem has become a key variable. As the world's largest exchange, Binance builds a comprehensive ETH support system through spot trading, derivatives, and staking services, and links BNB with the Ethereum ecosystem through Launchpool. Its incubated Base connects to Ethereum's proof services (EAS), automating the KYC process and lowering the deployment threshold for developers; at the same time, it promotes Layer2 liquidity incentives, driving Rollups like Optimism and Arbitrum to capture five times the transaction volume of the mainnet, consolidating the advantages of the Layer2 ecosystem.

Short-term challenges come from market sentiment fluctuations— in April, whales cumulatively sold 2,213 ETH, and DeFi TVL fell by $40 billion from its peak, reflecting cautious funding. In the long term, it needs to overcome the complexity of implementing sharding technology; its planned 100,000 TPS vision relies on the efficiency of multi-chain collaboration. Although public chains like Solana excel in single performance, Ethereum continuously solidifies its core position in Web3 infrastructure through a dual-layer architecture of 'mainchain security + Layer2 efficiency.' With the implementation of the Pectra upgrade, technological dividends and ecosystem collaboration may trigger a reassessment of value, while the innovation speed of new tracks like DeFi and AI chains will determine the depth of its long-term moat. #以太坊的未来

The meme coin $TRUMP , dominated by the Trump family, is becoming a political spectacle in the cryptocurrency market. Launched in January 2025, 80% of the shares are held by Trump-associated companies CIC Digital and Fight Fight Fight LLC. Through a marketing strategy of "earn a White House dinner qualification based on token holdings ranking," the token surged 60% in a single day after announcing the event on April 23, with a market cap exceeding $2.6 billion.

This dinner, packaged as a "dialogue on the future of cryptocurrency," is essentially a naked transaction of power capitalization. The top 220 holders will be invited to a dinner at the Trump Golf Club in Washington on May 22, with the top 25 receiving VIP access to the White House tour. The official website features a real-time leaderboard updated every hour to stimulate investors to frantically "climb the rankings." Although the White House has not confirmed that Trump will attend in person, the token price has rebounded from a drop to $9 after falling from $75 at the beginning of the year, exposing its "traffic monetization - price increase - benefit transfer" scheme to exploit investors.

On-chain data shows that 63% of the circulating tokens are held for the long term, with exchange balances dropping to 2.22 million tokens, highlighting a consensus on the market's perception of its long-term value. However, the three-year unlocking plan for 80% of the tokens (with some released after three months) poses a significant sell pressure, and Trump's team has already profited over $350 million from the token sales. Democratic Senator Chris Murphy has denounced it as "the most blatant corruption in history," while the anti-corruption organization "Accountable.US" bluntly stated that this is "using presidential power to auction political access opportunities."

When presidential authority is reduced to a gimmick for financial speculation, $TRUMP is not only a celebration in the crypto space but also a shock to the baseline of democratic institutions. Its high volatility (annualized volatility of 287%) and its characteristics tied to political attributes make it a primary target for regulatory agencies; the SEC has classified it as an "unregistered security," facing the risk of becoming worthless. This collusion of power and capital is reshaping the rules of the game in the cryptocurrency market.$TRUMP

Trump stirs up a public opinion storm with cryptocurrency marketing. On April 23 local time, the official website of the meme coin $TRUMP, operated by his affiliated company, announced that the top 220 holders of the coin could be invited to an "intimate private dinner" on May 22 at the Trump National Golf Club in Washington, with the top 25 also receiving a VIP tour of the White House. Following the announcement, the token's price surged nearly 60% in one day, with its market value briefly surpassing $2.6 billion, showcasing a dramatic "rebound after a price halving."

This dinner, packaged as a "dialogue on the future of cryptocurrency," is essentially a naked transaction of power and capital. Token holders must compete for rankings by continuously increasing their holdings between April 23 and May 12, with the official website even setting up a real-time leaderboard updated every hour to stimulate investors to frantically "climb the ranks." Although the White House has not confirmed that Trump will attend in person, and the project team emphasized that "expenses are self-catered," the deep binding of political identity and financial speculation has already sparked an uproar. Democratic Senator Chris Murphy condemned it as "the most blatant corruption in history," while the anti-corruption organization "Accountable.US" bluntly stated that this is "auctioning off political access using presidential power."

Notably, 80% of the $TRUMP token's shares are held by Trump family-affiliated companies, and this marketing effort has been accused of aiming to rescue the coin's price, which has plummeted by 88%. This closed loop of "traffic monetization - price increase - benefit transfer" exposes the loopholes in cryptocurrency regulation and escalates the controversy of Trump "weaponizing politics." When presidential authority is reduced to a gimmick for financial speculation, this dinner is not only a celebration for the crypto world but also a blow to the bottom line of democratic institutions.

As a pioneer of cryptocurrency, Bitcoin has always topped the market capitalization list since its birth in 2009, and its position will remain unshakable in 2025. As of April 2025, the market capitalization of Bitcoin is about 1.64 trillion US dollars, accounting for 56.52% of the total market capitalization of global cryptocurrencies, far exceeding the second-place Ethereum's 37.871 billion US dollars. This absolute advantage stems from its unique underlying logic: the fixed total design of 21 million coins gives scarcity, the decentralized nature avoids sovereign currency risks, and the immutability of blockchain technology ensures the security of value storage.

The continuous entry of institutional investors has further consolidated Bitcoin's market position. JPMorgan Chase analysis pointed out that Bitcoin's positioning as "digital gold" has attracted a large amount of funds to flow into spot ETFs, and the shift in US regulatory policies (such as the Trump administration's inclusion of Bitcoin in strategic reserves) has also strengthened its safe-haven properties. On-chain data shows that 63% of circulating Bitcoins have been locked in long-term holding addresses, and the balance of exchanges has dropped to 2.22 million coins. The phenomenon of liquidity depletion highlights the market's consensus on its long-term value.

Despite facing technical competition from Ethereum Layer2 upgrades and Solana high-performance chains, Bitcoin still dominates the regulatory compliance wave with its first-mover advantage and network effects. As global economic uncertainty intensifies, Bitcoin's anti-inflation properties and cross-border payment potential are reshaping its role as a "value anchor" for digital assets. #比特币市值排名

Recently, the cryptocurrency market has seen a significant rebound, with Bitcoin (BTC) surpassing the $94,000 mark, experiencing a 24-hour increase of over 6%, and Ethereum (ETH) rising by 13%, driving the total global cryptocurrency market capitalization above $3 trillion. This rebound is driven by multiple factors:

1. Policy and capital resonance: The Trump administration has included Bitcoin and Ethereum in the national strategic reserves and is promoting public chains as the standard for financial infrastructure, releasing long-term policy benefits. The daily inflow of funds into Bitcoin spot ETFs reached $82.22 million, a new high since January, indicating a recovery in institutional confidence.

2. Technical breakthroughs: Bitcoin has broken through the key resistance level of $93,330, with a four-hour MACD golden cross and a neutral RSI (55), indicating a strengthening short-term trend; Ethereum has surpassed the resistance level of $1,720, with Layer 2 ecosystem (Arbitrum, Optimism TVL rising to $25 billion) supporting demand.

3. Improved macro environment: The U.S. dollar index has fallen to a three-year low, and expectations for Federal Reserve interest rate cuts have increased, leading to accelerated capital flow into anti-inflation assets. The effects of the tariff war have diminished, and market risk appetite is recovering.

Risk warning: The SEC will hold a cryptocurrency policy meeting on April 25, which may trigger regulatory uncertainty; the daily RSI of Bitcoin is approaching the overbought area (75), and caution is needed for potential pullback pressure. If it falls below the support level of $92,000, it may test the $90,000 mark.

Outlook: Market sentiment is relatively warm in the short term, but attention should be paid to policy trends and technical overbought signals. Investors are advised to gradually accumulate positions on dips, focusing on Bitcoin's breakthrough of the $94,000 resistance level and the progress of the Ethereum Layer 2 ecosystem. #加密市场反弹

The current price of Ethereum (ETH) is $1,789, with a 24-hour increase of 13.46%, continuing the upward trend after breaking through the key resistance level of $1,720. Technical indicators show a four-hour MACD golden cross, neutral RSI (55), and a short-term trend leaning towards bullish. However, the daily RSI is close to the overbought area (75), and caution is advised regarding the risk of a pullback. Key support levels are $1,720 (four-hour EMA30 moving average) and $1,650 (previous day's low), while resistance levels are $1,820 (previous high) and $1,880 (weekly resistance level).

Entry strategies:

1. Aggressive: Open a long position with a small amount at the current price, target $1,820, stop loss at $1,650, and if it breaks through $1,820, increase the position looking for $1,880.

2. Conservative: Wait for a bounce at the $1,720 support level before entering, with the same target as above, stop loss at $1,650.

3. Risk control: Position size should not exceed 15% of total funds, strictly enforce stop losses, and avoid chasing highs.

Key driving factors:

- Fundamentals: Layer 2 ecosystem (Arbitrum, Optimism TVL has risen to $25 billion) and DeFi activity (Curve Finance TVL has surpassed $5 billion) support demand.

- Market sentiment: Bitcoin breaking through $93,330 has driven a general rise in cryptocurrencies, with institutions increasing their holdings in Ethereum spot ETFs (net inflow of $14.57 million in one day).

- Technical upgrades: The Prague hard fork on May 7 will optimize Layer 2 performance and enhance network throughput.

Risk warnings:

- If it falls below the $1,720 support, it may test $1,650.

- Beware of the SEC's cryptocurrency policy meeting (April 25) and the pressure from large capital outflows (4,000 ETH transferred out of exchanges within 24 hours).

Summary: The short-term trend is bullish, suggesting to enter positions in batches on dips, relying on support levels for layout, paying attention to resistance level breakthroughs, and controlling positions to guard against volatility.

#Strategy增持比特币 Binance Square, as the fastest-growing crypto social platform in the world, is becoming a core battlefield for institutions and retail investors to increase their Bitcoin holdings through the deep integration of **#BinanceSquare and #BitcoinStrategy**. Relying on Binance's ecosystem trading robot tools (such as grid trading, DCA investments), it provides users with automated asset allocation solutions, lowering the threshold for manual operations. Data shows that the monthly active users of Binance Square have exceeded 35 million, and the scale of Bitcoin accumulation implemented by institutional investors through this platform has increased by over 200% year-on-year, forming a closed loop of 'social discussion - strategy validation - quantitative execution'.

This trend is highly aligned with the backdrop of accelerating global institutional crypto asset allocation. Giants like BlackRock and Strategy are continuously increasing their Bitcoin positions through methods such as spot ETFs and corporate buybacks, while the topic of **#InstitutionalAdoption** on Binance Square has surged, reflecting that mainstream asset management institutions are gaining market insights through the platform. For example, the number of Binance VIP users doubled in 2024, with some institutions adopting a 'spot + options' combination strategy to optimize holding costs in an environment where Bitcoin's 30-day volatility has dropped to 3.2%.

However, market volatility risks still exist. A price fluctuation of over 10% in a single day for Bitcoin could still trigger strategy adjustments, while the discussion heat around **#RiskManagement** on Binance Square is rising, reminding investors to dynamically balance their positions according to their own risk preferences. Overall, Binance Square is driving the transition of Bitcoin accumulation from 'aggressive betting' to 'systematic allocation' through social strategy tools, and the ongoing fermentation of its **#BTCAccumulation** topic may become an important window to observe the institutionalization process of the crypto market in 2025.

#Metaplanet增持比特币 Metaplanet, as Japan's first publicly listed company to significantly increase its Bitcoin holdings, has sparked widespread market attention with its strategic transformation. Starting in 2024, the company will incorporate Bitcoin into its core asset allocation, continuously increasing its holdings through diversified financing methods such as issuing 2 billion yen zero-interest bonds and options strategies. As of April 2025, its holdings have surpassed 4,206 Bitcoins, with a target aimed at 10,000 Bitcoins. This layout not only reflects the recognition of Bitcoin as 'digital gold' with anti-inflation properties but also aligns with its positioning as a Web3 infrastructure service provider.

In terms of market impact, Metaplanet's increase in holdings has significantly boosted institutional investor confidence. Its stock price soared 195 times after implementing its Bitcoin strategy, making it the largest corporate Bitcoin holder in Asia, and it has even been compared to the 'Eastern MicroStrategy.' This demonstration effect may encourage more Japanese companies to follow suit, especially under the backdrop of Standard Chartered's prediction that 2025 will usher in an 'institutional bull market,' where Bitcoin's liquidity and stability are gradually being accepted by the mainstream financial system.

However, this strategy still faces dual risks: on one hand, while the 30-day volatility of Bitcoin has dropped to 3.2%, there may still be instances of single-day volatility exceeding 10%; on the other hand, over 90% of Metaplanet's revenue relies on Bitcoin-related businesses, and if prices continue to decline, it may trigger financial pressure. Overall, Metaplanet's increase in holdings is both a strategic bet on the value of crypto assets and a new paradigm for the transformation of traditional enterprises, and its subsequent operations may become an important barometer for observing institutional crypto asset allocation in Japan and globally.

The China-U.S. trade relationship presents a complex pattern of 'high tariff confrontation and supply chain restructuring' in 2025. The U.S. has imposed tariffs on China reaching as high as 245%, while China has responded with a combination of rare earth export controls, counter-tariffs (up to 125%), and unreliable entity lists. Although bilateral trade in 2024 still reached $688.28 billion (a year-on-year increase of 3.7%), the structure has significantly diversified: China's exports of machinery and electrical products to the U.S. account for 45% ($236.1 billion), while U.S. agricultural exports to China have sharply decreased due to tariff impacts, with traditional advantage categories like soybeans being replaced by Brazil, Spain, and others.

The deeper game is focused on three major areas:

1. Competition for technological dominance: The U.S. is curbing China through chip bans and AI technology blockades, while China is countering with rare earth controls (controlling 80% of global medium and heavy rare earth supply) and domestic substitution (Huawei's 14nm chip mass production rate at 95%).

2. Pressure for supply chain decoupling: The U.S. is promoting 'friend-shoring', but China is deepening cooperation with ASEAN through RCEP (with an 11.2% increase in exports to ASEAN in 2024) and relying on the Belt and Road Initiative to build a diversified supply network.

3. Strategic hedging in energy and agriculture: China's suspension of U.S. LNG purchases has left its exporters with no orders for 70 days, leading to a push for the 'Power of Siberia-2' gas pipeline with Russia; at the same time, imports of agricultural products such as Spanish pork and cherries have been expanded, weakening U.S. agricultural discourse.

Short-term risks coexist with long-term trends: High tariffs have resulted in an annual burden increase of $130 billion for U.S. consumers, and the market value of tech stocks has evaporated by over $1.2 trillion, while China mitigates the impact through domestic demand expansion (with consumption contributing 75% to GDP) and exploring emerging markets (with exports to Belt and Road countries accounting for 37%). Analysts believe that if the tariff war continues, the global industrial chain will accelerate regional reorganization, but the deep dependence between China and the U.S. in fields such as semiconductors and energy may still lead to local compromises.

The core of this game has transcended trade imbalances, evolving into a comprehensive competition for institutional models and technological standards, and its direction will profoundly affect the form of globalization in the 21st century.

As global monetary policy shifts are expected to intensify, the crypto market is experiencing a rebound after a deep adjustment in the first quarter. By mid-April, Bitcoin stabilized in the range of $83,000 to $85,000, while Ethereum remained around $1,580. The RSI indicator breaking above 50 shows that short-term upward momentum is strengthening. Multiple factors are driving the rebound: expectations of interest rate cuts by the Federal Reserve are prompting funds to shift towards high-risk assets, BlackRock's Bitcoin ETF management scale has exceeded $40 billion, and institutions like Strategy have increased their holdings by 6,556 Bitcoins; Ethereum's Prague upgrade (May 7) optimizes account abstraction and staking mechanisms, while public chains like Solana and Sui are capturing niche markets with high TPS. Although trade frictions and regulatory uncertainties still exist, market resilience has significantly improved. Analysts predict that if the Federal Reserve cuts interest rates in the second half of the year, Bitcoin could break through $200,000, and Ethereum is expected to reach a high of $7,000. Investors need to pay attention to policy trends and technological implementations, seizing the long-term allocation value of mainstream assets amidst volatility. #加密市场反弹

Chat Room

MetaEra News, April 20 (UTC+8), global courier company DHL will suspend the shipment of e-commerce goods with a declared customs value exceeding $800 to individuals in the United States. It stated that this interruption is due to a recent change in U.S. customs regulations leading to a surge in formal customs declarations, and goods with a declared value exceeding $800 will face several days of transportation delays. (Source: PANews)$TRX

On April 20, according to a tweet forwarded by Musk, the Grok voice mode now supports camera access to recognize content. It allows users to point their phone at something and ask, 'What am I looking at?'. The visual feature on iOS allows the chatbot to analyze objects, text, and environments in the real world in real-time through the device's camera. Users can scan anything, including products, signs, documents, etc., and Grok will immediately provide contextual information and relevant insights. #波场ETF