image source head

FET breaks through $0.57 Michael Saylor emphasizes zero opponent risk in BTC

trendx logo

Reprinted from jinse

04/20/2025·1M

Headlines

FET breaks through US$0.57, with a 24-hour increase of 11.9%

The market shows that the FET breaks through US$0.57 and is now quoted at US$0.568, with a 24-hour increase of 11.9%. The market fluctuates greatly, please do a good job in risk control.

Michael Saylor emphasizes zero rival risk for Bitcoin

Michael Saylor, founder of Strategy (formerly MicroStrategy), posted on the X platform that Bitcoin does not have counterparty risks, does not rely on companies, countries, creditors, fiat currencies, competitors or culture, and is not even afraid of chaos.


Quotes

As of press time, according to Coingecko data:

BTC's recent transaction price is US$85,253.96, up and down +0.9% intraday;

ETH's latest transaction price is US$1,616.56, with an intraday increase and decrease of +1.8 % ;

BNB's recent transaction price is US$593.15, with an intraday increase of +0.2% ;

SOL's latest transaction price is US$141.42, with an intraday increase and decrease of +5.1 % ;

DOGE's recent transaction price is US$0.1584, with an intraday increase and decrease of +0.4 % ;

XPR's recent transaction price is US$2.09, with an intraday increase and decrease of + 1.1 % .


policy

▌ American law firm Burwick Law filed a lawsuit against the relevant parties to issue M3M3 tokens

American law firm Burwick Law has issued a statement saying that it has filed lawsuits with Hoppin Grinsell on behalf of investors against the Meteora platform and Hayden Davis, Gideon Davis, CT Davis and Kelsier, alleging that it was suspected of fraud, securities fraud and other illegal acts in the process of launching the M3M3 token on the Meteora platform. Previously, on March 18, Burwick Law stated on social media that on behalf of its clients, he filed a lawsuit against Kelsier, KIP, Meteora and related parties in the New York Supreme Court, accusing him of misconduct in the issuance of LIBRA tokens. The class action lawsuit alleges they planned an unfair token offering, misleading buyers and undermining retail investors.


Blockchain application

▌Mantra launches its first real-time dashboard, displaying the details of OM token supply, etc.

On April 19, according to official news, Mantra announced that it has now launched the first initial version of the real-time dashboard. The dashboard is designed to provide clear perspective and real-time data to showcase the supply of OM tokens, operating wallets, and other important on-chain asset holdings. Dashboard V1 includes: detailed disassembly of the EVM chain and main network OM; links to each related wallet.


Cryptocurrency

▌Data: Since early March, more than 60 new wallets holding more than 1,000 BTC have appeared

According to on-chain analyst @ali_charts, more than 60 new wallets holding more than 1,000 BTC have appeared since early March, a strong signal of the growth of whale activity.

▌Ethereum 's net supply increased by 17,507.38 in the past 7 days

According to Ultrasound.money data, Ethereum's net supply increased by 17,507.38 in the past seven days, of which 18,186.56 ETH were increased, and 679.17 ETH were destroyed through the destruction mechanism. Supply growth rate is currently annual

▌Data : The number of newly created addresses in XRP network in the past month has dropped from 5,200 to 2,900

According to on-link analyst @ali_charts, the number of newly created addresses in the XRP network in the past month has dropped from 5,200 to just 2,900.

▌Data : The number of wallets holding more than 10,000 SOLs has increased by 1.53% in the past week

According to on-link analyst @ali_charts, the number of wallets holding more than 10,000 SOLs has increased by 1.53% in the past week, from 4,943 to 5,019.

Uniswap front-end transaction fees reach US$147.79 million

According to DefiLlama data, as of April 19, Uniswap's front-end transaction fees (revenue) reached US$147.79 million.


Important economic trends

Tariff policies intensify the difficulties of the United States ' agriculture, and the risk of bankruptcy of American agricultural producers increases sharply

According to the British "Guardian", the chaotic tariff policy of the US government is harming the interests of American agricultural producers, and a large number of American agricultural producers may face financial bankruptcy in the future. Data from the American Federation of Farmers shows that the number of U.S. farm bankruptcies rose by 55% year-on-year in 2024, and the cash flow of many farms has been deteriorating in recent years. National Public Radio recently reported that due to the high production costs and borrowing costs, the loan default rate of American agricultural producers has been high, and tariff policies may cause American agricultural producers to permanently lose part of their international markets, putting American agriculture in a difficult situation.

▌Next week's macro outlook: The Federal Reserve announced its economic status on Thursday

The following are the key points that the market will focus on in the new week: On Monday at 20:30, the 2025 FOMC voter and Chicago Fed Chairman Goulsby interviewed by CNBC; on Tuesday at 21:00, the Federal Reserve Vice Chairman Jefferson delivered a speech at the Economic Liquidity Summit; on Tuesday at 22:00, the 2025 FOMC voter and Philadelphia Fed Chairman Huck delivered a speech at the Economic Liquidity Summit; on Wednesday at 02:00, the 2026 FOMC voter and Minneapolis Fed Chairman Kashkali delivered a speech; on Wednesday at 21:00, the 2025 FOMC voter and Chicago Fed Chairman Goulsby delivered an opening speech at an event; On Wednesday, 21:30, the 2025 FOMC voter, St. Louis Fed Chairman Mousalem and Fed Director Waller delivered opening speeches at an event; Thursday, at 02:00, the Federal Reserve announced the Beige Book of Economic Conditions; Thursday, at 20:30, the number of initial unemployment claims in the week from April 19; Friday, at 05:00, the 2026 FOMC voter and Minneapolis Fed Chairman Kashkali delivered a speech; Friday, at 22:00, the final value of the University of Michigan Consumer Confidence Index in April and the final value of the expected inflation rate in April.


Golden Encyclopedia

▌What is compressed NFT?

Compressed NFT is a non-fungible token (NFT) designed to reduce the cost of storing and using NFTs for transactions on the Solana blockchain. Compressed NFT provides several prominent key advantages in the blockchain ecosystem. They are affordable, greatly reducing minting and storage costs, allowing creators and businesses to use blockchain technology without financial obstacles. Furthermore, cNFT contributes to more environmentally friendly blockchain practices by reducing storage requirements and thus reducing energy use. These properties make cNFT a potential game changer for scalable, environmentally friendly and innovative applications.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.

more