Tag: liquidity

BroadChain learned that at 05:00 on April 19, according to CryptoNews, influenced by the two-week US-Iran ceasefire agreement, international oil prices fell, compressing the risk premium related to the Strait of Hormuz that had been suppressing risk assets for months. The price of Bitcoin once broke through $78,000 yesterday, the first time since early February, before retreating and stabilizing. This rebound triggered $427 million in short position liquidations. Meanwhile, crypto-related stocks outperformed Bitcoin itself, with Coinbase, Robinhood, and Strategy shares rising at least 25% each by the close of trading last Friday, while BTC gained slightly less than 7% over five trading days. Citi analyst Alex Sau

BroadChain learned that at 05:00 on April 19, according to CryptoNews, the Ketman Project, supported by the Ethereum Foundation's security project ETH Rangers, identified approximately 100 North Korean IT personnel using forged identities who have infiltrated Web3 companies after a six-month investigation. This is one of the most detailed public statistics on North Korean internal infiltration in this field to date. The threat pattern has shifted: North Korea's state-level crypto operations have moved from remote attacks and exchange hacks to the 2025 model—coordinated human infiltration, where personnel pass through HR screening, access internal codebases, and remain dormant within product teams for months.

BroadChain learned that at 04:46 on April 19, according to NewsBTC, Bitcoin experienced a significant 11% rebound after weeks of consolidation, indicating a shift in market momentum and attracting investor attention. However, on-chain analyst GugaOnchain pointed out on the CryptoQuant platform that the current moment is not the best entry point. Although the MVRV Ratio (1.3856) has broken above the 30-day moving average (1.2947), and the Binance buy/sell order ratio shows active buying, the current MVRV value remains significantly below the 365-day moving average (approximately 1.8620), suggesting the market has not yet entered an overheated phase. Technical analysis shows that Bitcoin's daily chart has broken above the rising channel resistance

BroadChain learned that at 04:16 on April 19, according to Bitcoinist, cryptocurrency expert James pointed out that the upcoming XLS-66 amendment, to be voted on by XRP Ledger validators, is not a simple staking-for-yield mechanism but a structured institutional lending protocol. This protocol allows XRP holders to deposit assets into single-asset vaults and receive MPT tokens representing their deposits. The redemption value of MPT increases over time, with yield realized only upon redemption. Borrowers are institutions such as banks, market makers, fintech companies, and payment providers, which obtain unsecured short-term working capital loans for 30 to 180 days through off-chain traditional underwriters for credit assessment. Expert Bo

BroadChain learned that at 02:16 on April 19, according to Bitcoinist, French Finance Minister Roland Lescure recently called on European banks to develop more euro-pegged stablecoins to counter the overwhelming dominance of the US dollar in this field. In a pre-recorded speech at a crypto conference in Paris, Lescure pointed out that the trading volume of euro stablecoins is "unsatisfactory" compared to dollar stablecoins. He specifically mentioned the Qivalis project, a joint initiative by European banks including ING, UniCredit, and BNP Paribas, which aims to develop a euro stablecoin expected to launch in the second half of 2026 to counter dollar dominance. This move is seen as an effort by European authorities to reduce reliance on non-European supplies.

BroadChain learned that at 22:16 on April 18, according to Bitcoinist, recent on-chain data indicates that the selling pressure from Bitcoin miners may be nearing exhaustion, which could lay the foundation for the next market uptrend. Analysts from XWIN Research Japan pointed out that as the market structure begins to experience supply exhaustion, Bitcoin is entering a demand-driven price expansion phase. Data shows that listed mining companies sold over 32,000 BTC in Q1 2026, setting a record for the largest quarterly outflow in history, which aligns with a structural market adjustment. This selling wave can be traced back to the Bitcoin halving event in 2024, where the block reward was reduced from 6.25 BTC to

Fluctuations in the Middle East situation have triggered sharp market volatility, with the price of Bitcoin retreating to $76,000. Changes in Iran's control over the Strait of Hormuz led to a reversal in risk sentiment, triggering approximately $762 million in large-scale liquidations, with short positions accounting for nearly three-quarters. Despite the short-term pullback, Bitcoin's weekly chart remains in an uptrend. The market is closely watching the $76,000 support level, as holding or breaking it will determine the subsequent price direction.

BroadChain learned that at 18:16 on April 18, according to PANews, Iranian Foreign Minister Araghchi announced that the Strait of Hormuz is fully open to commercial vessels for the remainder of the ceasefire period. However, Iranian media added that passage must meet three conditions: limited to merchant ships, must use designated routes, and requires coordination with the Iranian Revolutionary Guard Corps Navy. U.S. President Trump warned that if a long-term agreement is not reached by April 22, the ceasefire may be terminated and the blockade resumed. In market news, Bitcoin spot ETFs saw a net inflow of $664 million yesterday, marking four consecutive days of net inflows; Ethereum spot ETFs saw a net inflow of $127 million on the same day, marking seven consecutive days of net inflows. The three major U.S. stock indices collectively closed higher, while cryptocurrencies

BroadChain has learned that on April 18 at 18:16, according to PANews, blockchain analytics platform Arkham announced it has identified the on-chain wallet address of Morgan Stanley's spot Bitcoin ETF (Morgan Stanley Bitcoin Trust, MSBT), becoming the first platform to publicly identify the on-chain BTC holdings of this ETF. The ETF was listed on NYSE Arca on April 8, with Coinbase and BNY Mellon serving as custodians. According to Arkham tracking data, the address currently holds 1,348 BTC, valued at approximately $103.92 million, allowing users to track it in real-time.

BroadChain learned that at 16:16 on April 18, according to TechFlow, crypto investor Santiago Roel Santos pointed out that traditional hedge fund managers' interest in the crypto industry has reached its peak since May 2020, with the focus shifting from Bitcoin to the on-chain perpetual contract exchange Hyperliquid. The catalyst is the Iran conflict, which created a need for pricing venues for commodities during traditional market weekends when they are closed. The proportion of commodity positions on Hyperliquid has risen to 17%, surpassing Ethereum. Santos predicts that its commodity trading volume will exceed Bitcoin within the year, and its market cap is expected to surge from $25 billion to $100 billion.

BroadChain learned that at 15:16 on April 18, according to Bitcoinist, the Ethereum price is fluctuating within the $2,300-$2,400 range, having tested the 100-day moving average resistance level multiple times but failing to break through effectively. According to Arab Chain analysis, although the price action still appears hesitant, key shifts are occurring in the underlying market data. The Sharpe Ratio for Ethereum on Binance has turned positive, around 0.07, marking a transition from negative to positive for risk-adjusted returns. This change, while not dramatic, is significant, indicating that the situation from recent months—especially during the period of greatest market pressure in February—where holders took on risk without compensation is changing. The current 30-day average return rate is approximately 0.002.

BroadChain learned that at 14:16 on April 18, according to TechFlow, data on April 18 shows that the single-day net inflow into Ethereum spot ETFs reached $127 million, a relatively high level recently. Specifically, Fidelity's $FETH led with a net inflow of $84.13 million, followed by BlackRock's $ETHA with $30.8 million. Among other products, Grayscale's mini ETF $ETH had a net inflow of $5.76 million, 21Shares' $TETH had $3.64 million, BlackRock's staking version $ETHB had $1.25 million, and Bitwis