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Blockchain Report
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All the necessary news about blockchain and crypto market

Binance Research: Crypto volatility spiked after Trump's return & tariff hikes. BTC fell 19% from its high, ETH 40%. $1T flowed into gold/bonds. Trade tensions & stagflation may force Fed rate cuts. Short-term volatility expected; long-term depends on macro factors.

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Linea's token launch (TGE) is delayed! Product lead Declan Fox says it'll happen after the market turns bullish, per Wu Shuo. An earlier announcement confirmed no TGE in Q1. More updates coming when the timeline is finalized. #Linea #TGE #Crypto

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Binance adjusts Unified Account collateral ratios on April 11, 2025, at 14:00 (UTC+8). Affected assets: ICP (80%→70%), SNX (80%→65%), MANA (75%→65%), KAVA (70%→60%), KNC (70%→55%), CHR (70%→55%), TLM (60%→50%), ALICE (65%→50%), BETA (60%→45%), SFP (50%→40%).

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Arthur Hayes suggests China's central bank could spark a Bitcoin rally, even if the Fed doesn't. He believes yuan devaluation could trigger capital flight into Bitcoin, repeating patterns from 2013 & 2015, potentially in 2025. "Ignore China at your peril."

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Ledger must face US consumer allegations over misleading security claims about its crypto wallets, a US federal court ruled, per Bloomberg. Judge Hunt stated contract's French law reference isn't exclusive & allegations don't depend on contract interpretation, allowing US lawsuits.

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CZ (Binance) in Hong Kong: Sustainable crypto projects are key! Memecoins get hype, but real users, revenue & profits win long-term. Building a good memecoin is HARD! CZ's advice: Don't rush launches, find partners, & follow your passions! #crypto #web3 #binance

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Coinbase will suspend trading support for Gemini Dollar (GUSD) and GYEN (GYEN) around 2 AM ET on May 7, 2025, across its platforms (simple, advanced, Exchange, Prime). This follows a routine review to ensure compliance with listing standards. Order books will be limit-only.

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dYdX launches "dYdX Surge," a 9-month trading competition! No registration needed - all eligible trades automatically entered. Compete on a monthly points leaderboard for a share of the $2.2 million monthly prize pool. #dYdX #DeFi #TradingCompetition

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China strongly opposes the US threat to raise tariffs on Chinese goods by 50%. If the US implements these tariffs, China says it will take resolute countermeasures to protect its interests. (via Xinhua)

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According to Bloomberg, Teucrium Investment Advisors LLC has launched the Teucrium 2x Long Daily XRP ETF, the first leveraged XRP ETF in the U.S. The ETF aims to provide twice the daily return of XRP through swap contracts. Teucrium, founded in 2010, currently manages $311 million in assets.

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Whale Alert reported that USDC Treasury burned approximately 50 million USDC on the Ethereum blockchain at 00:14, 00:43, and 5:13 Beijing time today. The total value of USDC burned is approximately $150 million.

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Binance's Nigerian tax evasion case delayed until April 30th. Nigeria's tax agency (FIRS) needs time to respond to Binance's motions. FIRS claims Binance owes taxes for 2022/23 due to a "significant economic presence" and seeks $2B in unpaid taxes + penalties. (via CryptoSlate)

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VK, the Russian social media giant, is closing its NFT marketplace, VK NFT Hub, on April 15 due to heavy financial losses. They reported a net loss of $1.1B in 2024. Users are urged to transfer their NFTs to external wallets ASAP. #NFT #VK #Russia #cryptocurrency

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Trump admin reportedly considering tax credits for exporters to offset tariff impact. Bloomberg reports the rebates aim to help US companies facing retaliatory tariffs & support manufacturers. Plan not yet presented to Trump/Treasury, internal disagreements exist.

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Trump's crypto project, World Liberty Financial (WLFI), proposes a USD1 stablecoin airdrop to WLFI token holders! The initiative aims to test the airdrop system, reward early supporters, and prep for future growth. WLFI will fund the on-chain distribution. #crypto #airdrop #WLFI

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SEC approves Galaxy Digital's S-4 for Nasdaq listing! Shareholder vote on corporate reorganization set for May 9th. Pending approvals, Galaxy plans to list on Nasdaq under "GLXY" while keeping its TSX listing for a while. #crypto #nasdaq #galaxydigital

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EU proposes 25% tariffs on some US goods (starting May 16th, rest Dec 1st) in retaliation for Trump's steel/aluminum tariffs, per Reuters. Good news for bourbon lovers - it's off the list!

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BlackRock CEO Larry Fink warns of a possible 20% market drop, but sees it as a buying chance. He's in intense client communication, like March 2020. Despite volatility, he thinks things are "okay," but worries about US instability, inflation, Fed hikes, & CEO recession fears.

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According to data from The Data Nerd, a whale has accumulated 13,075 ETH over the past month at an average price of $1,780, totaling approximately $23.27 million. The whale's address has now staked all 24,300 ETH held on Lido, with no record of sales.

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Bitget launches Bitget Onchain! Trade on-chain assets directly in the Bitget App using your USDT/USDC spot accounts. Initially supports Solana, BSC, and Base networks. Features AI-powered screening to filter assets in real-time! #Bitget #Onchain #Crypto

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