Odaily News After Fed Chairman Powell dispelled hopes for an early rate cut, the cryptocurrency market rebounded after a short-term decline. BTSE COO Jeff Mei said that the Fed may not cut interest rates in advance in the short term, so it is expected that the price of Bitcoin will remain in the range of $80,000 to $90,000; SignalPlus head of analysis Augustine Fan pointed out that cryptocurrency trading is volatile most of the time, but as long as BTC can stay above $81,000, the technical side will still be more constructive in the short term. The market is concerned about the details of Trump’s first trade agreement and the corporate earnings season starting next week. (CoinDesk)
Odaily News SignalPlus announced the completion of its integration with the Bybit USDT options ecosystem, supporting users to trade USDT options within the platform. This integration enables traders to directly use USDT as margin, gaining better liquidity and higher capital efficiency.
Bybit has simultaneously upgraded its portfolio margin (PM) calculation method, further reducing the margin ratio required for trading.
SignalPlus is committed to providing users with advanced and efficient trading solutions, and demonstrates deep expertise in quantitative trading and risk management through its cutting-edge QuantLab and trading terminals.
Odaily News Bitcoin's rebound after hitting a two-week high on Monday is facing the risk of abortion, showing the characteristics of a "buy trap" against the backdrop of macro uncertainties that continue to suppress market sentiment. Potential tariff escalations and inflation concerns are still suppressing Bitcoin prices.
CryptoQuant data showed that the price of Bitcoin rose to $88,786 on Monday, but the funding rate turned negative, indicating that traders were unwilling to pay a premium for opening new long positions in the perpetual contract market, and leverage demand showed signs of cooling. SignalPlus partner Augustine Fan pointed out that the market direction needs to wait for the key policy node on April 2 to become clear. The next important catalyst will be the "Liberation Day" tariff announcement. As the Trump administration plans to announce a new round of tariff plans on that day, macro policy uncertainty may once again become the fuse that breaks the balance of the crypto market. (Businesstime)
Odaily News BTSE Chief Operating Officer Jeff Mei told CoinDesk that geopolitical and economic uncertainties are prompting institutions to reduce their crypto asset holdings, and Bitcoin could fall to the $70,000 to $80,000 range in the coming weeks. He pointed out that only when the tariff war ends and the Federal Reserve resumes rate cuts will the major cryptocurrency likely return to its previous historical highs.
In addition, Augustine Fan, head of insights at SignalPlus, expressed a pessimistic view on the technical outlook for Bitcoin. He believes that the current price trend is technically very negative, and high realized volatility further worsens Bitcoin's risk-adjusted performance, while there are few obvious positive catalysts in the short term. CoinDesk's analysis also pointed out that Bitcoin is testing the 200-day simple moving average (SMA), and if it falls below this key support line, it may mean a break in an important trend line. Both market sentiment and technical aspects show great downward pressure. (CoinDesk)
1. Nansen is suspected to launch a points system;
2. Binance Alpha adds ALON;
3. SoSoValue: Airdrop claims are now open to users;
4. Coinbase executive: Trump's executive orders on cryptocurrency and AI will definitely change the fundamentals;
5. BlackRock CEO Fink: Has discussed buying Bitcoin with some sovereign wealth funds;
6. Split Capital founder: Trump’s executive orders on cryptocurrency and AI have not yet met the expectations of crypto supporters;
7. Crypto trading software developer SignalPlus completed $11 million in Series B financing, led by AppWorks and OKX Ventures;
8. Part of the crypto ransom paid in the Ledger Lianchuang kidnapping case has been tracked and frozen;
9. Market news: Trump's nominee for Commerce Secretary Howard Lutnick discloses his financial information;
10. Market News: MicroStrategy will settle all note conversion requests in the form of stock;
11. MicroStrategy issued a redemption notice, redeeming notes for approximately $1.05 billion;
12. BlackRock Bitcoin ETF's holdings exceed $60 billion;
13. Bitfinex report: If mining power is transferred to AI in the long term, the risk of Bitcoin centralization will increase;
14. 63,300 $TRUMP were transferred from Binance to an address starting with BTurR6;
15. Phemex CEO: The withdrawal function of USDT and USDC is being gradually restored;
16. Greeks.live: The market is closely watching the Bitcoin price range of $103,000-108,000, and most traders take defensive positions;
17. U.S. stocks opened with mixed gains and losses, with Coinbase up 1.81%;
18. Cynthia Lummis: Will work with FDIC Vice Chairman to end the crackdown on digital assets;
19. Arkham: ARKHAM POINTS Season 1 Witch filtering has been completed and the claim date will be announced soon;
20. JuCoin platform coin $JU IEO raised over 168 million USDT but did not refund and “temporarily raised the price”, which caused controversy in the community;
21. Coinbase International will launch TOSHI, GIGA and GRT perpetual contracts;
22. More than 942 ETH were transferred to the Grayscale Ethereum Mini Trust Fund, worth US$3.2 million.
