Odaily News Data shows that the Sui ecosystems DEX Momentum Finance achieved a trading volume of $1 billion in just one month after its launch, and has more than 200,000 independent users. The protocol is based on the Move ecosystem and was established after three years of development. It was co-founded by ChefWEN (former founding member of the Meta Libra project) and supported by investors such as Coinbase, Circle, Amber, Selini and Sui Foundation.

Odaily News OKX market data shows that BTC fell below 94,000 USDT and is now at 93,984.1 USDT, a 24-hour drop of 1.01%. (This newsletter is generated with the assistance of AI)

Odaily News In its April 2025 Financial Stability Report, the Bank of Italy stated: The strong growth of Bitcoin and other highly volatile crypto-assets not only represents risks for investors, but may also pose a potential threat to financial stability due to the growing links between the digital asset ecosystem and the traditional financial sector and the real economy. The report also noted that non-financial companies holding Bitcoin expose them to significant price volatility and warned that stablecoins pegged to the US dollar could pose risks if they become systemically important.

Odaily News “As part of the rewards program, we are exploring the introduction of a utility token in the Truth digital wallet that could initially be used to pay for Truth+ subscriptions and could also be used for other products and services in the Truth ecosystem in the future,” Trump Media Technology Group said in a letter to shareholders. In January, the company launched its fintech brand Truth.Fi and previously filed a trademark application covering the service of “downloadable computer software used as a digital wallet.”

Odaily News Bunq, a European digital bank, announced the launch of Bunq Crypto on April 29, allowing users to invest in more than 300 cryptocurrencies, including Bitcoin, Ethereum and Solana. The service will first be launched in the Netherlands, France, Spain, Ireland, Italy and Belgium, with technical support from Kraken. Bunq said: Our global users have long been looking forward to a simple, secure and direct way to invest in digital assets. Bunqs research pointed out that about 65% of European consumers want to manage banking, savings and cryptocurrency investments through a unified platform, and more than 50% of respondents want to get in touch with cryptocurrencies, but believe that existing platforms are difficult to meet their needs in terms of simplicity and security.

Odaily News Fidelity Digital Assets reported that multiple Ethereum on-chain indicators indicate that ETH is trading at an undervalued price. The report pointed out that the MVRV Z-Score fell to -0.18 on March 9, entering the undervalued zone, indicating that Ethereum looks cheap; NUPL also fell to 0, indicating that the market is in a state of capitulation. In addition, ETHs realized price is $2,020, 10% higher than the current price. The ETH/BTC market value ratio has fallen to the level of mid-2020. At the same time, Ethereum Layer-2 active addresses reached 13.6 million, a record high, indicating that its scalability and adoption continue to rise.

Odaily News Reuters/Ipsos poll: Trumps overall approval rating remained stable at 42%; approval for Trumps handling of US economic issues fell to 36%; dissatisfaction with the economy rose to 56%.

Odaily News U.S. Commerce Secretary Mattis Lutnick told CNBC on Tuesday that he had reached a trade deal with an anonymous country. He said: I have a deal done, done, done, done. But I need to wait for their leaders and their parliament to approve it, which I expect will be approved soon. The trade deal will be the first trade deal reached by the current Trump administration. However, Lutnick declined to disclose which country it was.

Odaily News According to WhaleAlert monitoring, 2 minutes ago, Tether minted another 1 billion USDT on the Ethereum chain. Today, 2 billion USDT has been minted. Tether CEO Paolo Ardoino said that the additional USDT issued this time is to replenish inventory. This is an authorized but unissued transaction, which means that the amount will be used as inventory for the next issuance request and chain exchange.

Odaily News OKX market data shows that ETH fell below 1800 USDT and is now at 1799.31 USDT, with a 24-hour drop of 0.93%. (This newsletter is generated by AI)