Reverse trading dominates the market: A large influx of funds drives a strong rebound in BTC.
In the March report, we pointed out that "the reverse is the movement of the Dao" and hinted that "the panic sentiment has been fully released," stating that "the second quarter will usher in a reversal market." In fact, in April, BTC did experience a strong rebound, rising 14.11% in a single month, recovering all previous losses.
The tariff dispute affecting global financial markets officially began in April, causing a huge shock to the market, with panic sentiment soaring and asset prices plummeting. However, after the emotional release, as policy positions softened and U.S. economic data showed relative resilience, funds began to flow into U.S. stocks and the crypto market.
BTC adjusted ahead of the US stock market, and after hitting bottom in sync with the US stocks, it surged strongly driven by large amounts of capital. More importantly, after more than two months of adjustment, the BTC chip structure has greatly improved, and its internal status has become more stable.
Major stock indices and the crypto market have recovered from the tariff dispute.

The launch of the Ethereum ETF brings new opportunities to the crypto market, lowers the investment threshold, drives the rise of ETH prices, and has the potential to activate the DeFi ecosystem and market activity. However, market volatility and regulatory risks remain challenges, and investors need to respond cautiously to this change.

In 2024, the optical fiber and cable industry is gradually recovering, benefiting from the resumption of domestic offshore wind power construction and the rise in demand for artificial intelligence. High-end specialty optical fibers are迎来新机会, and it is expected that industry leader enterprises will expand into overseas markets with their technological advantages. Caution is needed regarding the risks of AI and construction progress being lower than expected.

[Coin World] Recently, Base celebrated its second anniversary. According to data from the data platform, in the past year, Base had 1.2565 million active users, which is a rise of 1,280.6% compared to the previous year; the total number of transactions reached 9.869 million, a rise of 2,049.6%; the TVL approached 4.5 billion dollars, while network transaction fees decreased by 97.7% compared to the previous year.

Nibiru Chain is an emerging Layer 1 public chain that has seen a rapid rise in attention and is set to launch its Mainnet this week. The chain focuses on DeFi applications and features a unique trading system and security characteristics. At the same time, Nibiru Chain is committed to ecosystem expansion and is expected to integrate with multiple on-chain DeFi projects, providing developers with guidance on safe development practices to ensure the security and performance of applications.

In April 2024, blockchain security incidents significantly decreased, with total losses of approximately $101 million, a 36% decrease compared to March. Hacker attack incidents resulted in losses of about $52.56 million, while Rug Pull incidents saw a rise in losses of around 624%. The largest incident involved Hedgey Finance, which lost $44.7 million due to a contract vulnerability. Additionally, cases of encryption-related crimes have increased, and blockchain policies and industry development are also progressing.

FXC Intelligence: The Status of Stablecoin Cross-Border Payments in 2025
1. Stablecoin Ecosystem
Although stablecoins are still an emerging technology, they have completed the leap from marginal experiments to mainstream visibility in just a few years.
"The changes over the past 18 months have been particularly drastic," said Chris Mason, co-founder and CEO of B2B stablecoin payment company Orbital. "Those who were the first to embrace stablecoins were often players in high-risk, high-growth emerging industries; now, the second wave has arrived – payment service providers and traditional banks are collectively awakening."
OpenPayd CEO Iana, a fiat financial infrastructure provider

The Fed's interest rate policy is closely related to Bitcoin price movement, with three scenarios in the market: interest rate hikes, cuts, and steady rates, affecting the future direction of Bitcoin. Bull runs typically occur in the context of interest rate cuts, while bear markets happen during interest rate hikes. Investors need to be sensitive to policy changes.

The article analyzes the similarities and differences in the development paths of multi-layer architectures in the fields of AI and Crypto Assets. The AI field gradually resolves issues through layered architecture, achieving capability enhancement, while the layering in the Crypto Assets field is more about problem shifting, failing to fundamentally resolve bottlenecks. AI is driven by technological competition, whereas Crypto Assets are dominated by tokenomics, showcasing the different development dynamics of the two.