BlockBeatNews

BlockBeats news, on April 29, the modular Bitcoin Layer2 solution B² Network announced on social media that users who completed the Airdrop registration before the TGE (token generation event) will receive the B2 Airdrop on April 30 at 20:00. Users who register after the TGE will receive the Airdrop rewards within 24 hours after registration.

Short-term Bitcoin holders are re-entering the market, indicating an increase in speculative capital. Glassnode data shows that activity among short-term holders surged in the past week, with the number of Bitcoins transferred reaching a peak level. Hot capital rose by 90%, approaching $40 billion, with a cumulative increase of $21.5 billion since the end of March. The turnover of capital has surged, and market sentiment has changed significantly.

The price of Bitcoin fluctuates between $94,000 and $96,000, which will directly affect the clearing intensity of short orders and long orders on mainstream crypto asset exchanges. If the price exceeds $96,000, the clearing intensity of short orders could reach $1.143 billion; conversely, if it falls below $94,000, the clearing intensity of long orders could reach $659 million. The clearing chart shows the extent of impact when the underlying price reaches specific positions, with higher "clearing bars" indicating that price fluctuations may trigger a stronger market reaction.

BlockBeats news, on April 29, Mantra co-founder JP Mullin stated that 150 million OM tokens have been successfully burned.

According to BlockBeats news on April 29, Cointelegraph analyst Nancy Lubale stated that the recovery in demand for Ether spot ETFs, increased on-chain activity, and bullish technical patterns may drive ETH to break through the next key resistance level of $2000. On April 28, the total net inflow for Ether ETFs reached $64.1 million. Previously, for the week ending April 25, the total net inflow for Ether ETFs reached $151.7 million, the highest level since February 2025, reflecting the growth in institutional demand. The TVL of the Ethereum network exceeded $51.8 billion, growing about 16% in the past seven days. The daily trading volume of Ethereum's DEX has increased by over 30% in the past week, reaching $1.65 billion. In addition,

BlockBeats News: On April 29, Nick Tomaino, the founder of 1confirmation, posted on X, "There is a negative correlation between the popularity of the seed round and the success of the project. It's really exciting to be part of a hot funding round: high funding amounts, fierce competition, big-name investors, lots of media coverage, etc. However, engaging in such "hot projects" before the product-market fit is clear rarely leads to truly outstanding results. At 1confirmation, some of the most "hot" projects we've invested in have been the worst performers. There are several reasons for this: · Making market heat is a skill, but it's a completely different ability than building a useful product. Founders who are "crowned" prematurely tend to feel that they have succeeded and thus lose their "killer" instincts. Too much financing often leads to attention

BlockBeats news, on April 29, U.S. Treasury Secretary Basant expressed the hope of obtaining long-term tariff revenue and a protocol, stating that the U.S. will hold talks with at least 17 partners in the coming weeks. There is a great chance of seeing income tax reductions in the tax bill, and tariff revenue may be used for tax cuts. (Jin10)

BlockBeats news, on April 29, according to market news, 21Shares submitted a DOGE Spot ETF application to Nasdaq.

BlockBeats news, on April 29, the U.S. merchandise trade deficit for March widened to a record $162 billion, estimated at $145 billion. (Jin10)

BlockBeats news, on April 29, according to GMGN market data, HAEDAL opened at 0.1664 USD and is currently reported at 0.133 USD.

Web3 social network Tako has launched a new feature: anontako.fun, allowing users to connect their BNB Wallet for anonymous sharing. User submissions will enter the private circle "Anon Together Koko," where members will vote on whether to make them public. Tako emphasizes that this move aims to promote the openness of anonymous services and introduce governance to facilitate free speech.

The privacy blockchain project Miden was founded by former Meta engineers and completed a $25 million seed round of financing on April 29, led by Andreessen Horowitz, Hack VC, and 1kx. Investors include Finality Capital Partners, Symbolic Capital, and others. Miden is dedicated to achieving transaction privacy through zk-SNARKs while focusing on blockchain performance and decentralization. Polygon Labs will receive a 10% share but did not invest directly.

BlockBeats news, on April 29, as Bitcoin rose above $95,000, currently reported at $95,266, Strategy (formerly MicroStrategy) has unrealized gains of $14.839 billion in Bitcoin holdings. As of April 27, 2025, Strategy holds 553,555 BTC, having spent $37.9 billion, with an average holding price of $68,459.

Gate.io will launch GM Spot and Futures Trading on April 29 at 18:00 (UTC+8), and simultaneously start the Launchpool staking mining activity. Users who stake GM and ETH can share a 4,636,200 GM Airdrop. The expected annualized rate for the GM Mining Pool is 626.75%, and for the ETH Mining Pool, it is 14.99%, with early staking now available. The staking limit for GM staking pool users is 1,000,000 GM, with a total prize pool of 1,545,400 GM; the staking limit for ETH staking pool users is 1,000 ETH, with a total prize pool of 3,090,800 GM.

Bitcoin is currently trying to return to the $93,500 price level, which is seen as a key focus point for future trends. Co-founder Keith Alan pointed out that price deviations could lead to more downward fluctuations, but if it successfully retests the support level, it could bring positive effects. He emphasized the hope that Bitcoin's 21-week SMA can hold, but believes the current price is in a critical area.