As monitored by on-chain analyst Yu Jin, James Fickel is still bullish on the ETH/BTC exchange rate: one hour ago, he borrowed 40 BTC (worth $2.51 million) from Aave and sold it for 806 ETH. Since the beginning of January this year, he has borrowed a total of 2,301 WBTC (worth $145 million) from Aave and sold it for 41,944 ETH. The cost of the ETH/BTC exchange rate is about 0.055.

Blockchain data tracking company Arkham has discovered a Bitcoin wallet address related to WisdomTree's ETP WBIT asset management company. WBIT holds 8,900 BTC in 134 wallets, worth approximately $579 million.

Glassnode's URPD indicator provides an in-depth understanding of the distribution of Bitcoin's unspent transaction outputs (UTXO) based on its creation price. Since February 28th, the price of Bitcoin has remained above $60,000, with only two brief dips below this level, one on March 5th and another from April 17th to 19th. Despite Bitcoin briefly breaking through $70,000 in March and April, the URPD indicator shows a large accumulation of supply between $60,000 and $65,000 - BTC transactions have been within this range for the past two weeks. According to Glassnode's data, as of April 26th, approximately 7% of the total supply is concentrated in this range.

An indicator measuring the profitability of Bitcoin mining is approaching the historical low point reached after the FTX collapse, indicating that miners will face difficult times in the future. According to the computing power index data, the hash price fell to $57 on Friday. This number represents the amount miners can earn per day from the computing power of 1 petahash per second. Shortly after the FTX crash in November 2022, its price reached a historical low of $55.After the Bitcoin halving on April 20th, the hash price immediately soared to $139 due to a series of activities surrounding the Rune protocol that caused transaction fees to skyrocket. According to CryptoQuant's data, this upward trend quickly reversed as fees fell back to pre-halving levels and mining difficulty increased.

Thomas Jordan, Chairman of the Swiss National Bank (SNB), expressed doubts about the prospect of the Swiss central bank buying bitcoin at the annual shareholder meeting on Friday. Jordan pointed out that adding bitcoin to the Swiss National Bank's reserve assets (including gold, foreign currency, bonds and stocks) could have potential negative effects, such as increased carbon emissions. He then emphasized the energy consumption associated with bitcoin mining and trading. We have not yet decided to invest in bitcoin, and there are actually good reasons not to. Currency reserves are for international payments. They must be liquid. They must be sustainable, and we must be able to sell and buy them. Previously, crypto advocates had called for changes to Swiss legislation to allow cryptocurrencies to be included in national currency reserves.

Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong's commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is bringing the best and brightest Bitcoiners from around the world to Hong Kong for Bitcoin Asia.

Since the halving on Friday, Bitcoin's stock-to-flow ratio has exceeded that of gold.

The story of an anonymous developer who fixed a critical flaw in Bitcoin's code.

1.An Ethereum pre-mining address that has been dormant for 8.7 years has been activated, containing 197 ETH 2.Bitcoin block reward halving sparks bullish and skeptical opinion split3.A whale withdrew another 10,119 ETH from Binance4.MtGox claims form updated, may support compensation payment in BTC and BCH5.ZKasino transfers the 10,515 ETH deposited by the user to a multi-signature address and deposits it into Lido 6.Pre-Rune concept NFT Rune Doors is the project party for the deployment of Rune No. 97.More than 11,000 BTC flowed out of Coinbase Pro in the past 7 days8.Solana Ecosystem NFT Social Platform Only1 Completes $1.3 Million Strategic Financing, Led by Newman Group 9.friend.tech: V2 version has completed the audit and will be released on April 2910.Bitwise CEO: Wealth Manager Will Increase Its Bitcoin ETF Holdings

Bitcoin's most important economic mechanism, the halving, could legitimize Bitcoin as a store of value asset for the digital age, seeking more liquid assets than real estate or gold.

According to the latest data from Coinglass, ChainCatcher reports that 11,891.65 bitcoins have flowed out of Coinbase Pro's wallet in the past week, and as of now, the balance of Bitcoin in Coinbase Pro's wallet is 281,416.48 BTC. In the past 7 days, 1,367.26 bitcoins have flowed out of Binance's wallet.

Since the previous halving, the number of crypto users has surged 400%, not including the impact of the spot Bitcoin ETF launch in the United States.

Billionaire and American venture capitalist Tim Draper said in a recent interview that with the widespread adoption of Bitcoin and the weakening of the US dollar, the price of Bitcoin could rise to $10 million. Tim Draper said, "(Bitcoin prices in the future could rise to) $250,000 or $1 million, $2 million, or even $10 million."

Despite a pre-halving slump in ETF inflows, Bitcoin could resume its rally to new all-time highs as the next wave of institutional investors are preparing to gain exposure to BTC.

According to Glassnode data, Bitcoin miners' income reached a record high of 106.7 million US dollars yesterday.

Coinglass data shows that the total open positions of BTC futures contracts on the entire network are 477,330 BTC, equivalent to approximately 31.2 billion US dollars.

With the Bitcoin block reward halving approaching, investors and analysts have differing opinions on its potential impact on the cryptocurrency market. Bitwise Chief Investment Officer Matt Hougan believes that history shows that Bitcoin prices have risen in the long term after halving, and that a reduction in supply and institutional investment will drive prices up. However, Dan Dolev, managing director of Mizuho Securities, expressed skepticism, believing that the market has already fully reflected the halving and warning of possible selling pressure. Jeff Hancock, CEO of Coinpass, emphasized the increasing interest of institutions in Bitcoin, but there are still differences in the market.

Mempool data shows that the current Bitcoin network transaction fees have fallen. The transaction fee for medium priority is currently reported at 669 Sat/byte, and the transaction fee for high priority is currently reported at 735 Sat/byte.

According to market data, the ETH/BTC exchange rate continued to decline to 0.04776, with a 24-hour decrease of 0.23%.

Bitcoin transaction fees reached 20 BTC per block due to the impact of the Rune Mint, and miner profits were twice as high as before the halving.