On April 20, the Bitcoin options market is set to experience a significant event with approximately $7.9 billion worth of options expiring this Friday. According to BlockBeats, around $395 million of these call options are concentrated near the $75,000 strike price. The current funding rate has turned negative, indicating a bearish market sentiment. If the price remains above this critical level, the risk of a potential short squeeze may increase.

According to TokenInsight's "Q1 Cryptocurrency Exchange Report," the competitive landscape of the stock perpetual contract market is rapidly evolving, with a growing dominance of leading players. In terms of daily stock trading volume, Binance leads with $149.15 million, a 35.23% market share; Bitget ranks second with $95.74 million, a 22.61% share; and Hyperliquid ranks third with $73.49 million, a 17.36% share. These top three platforms collectively hold approximately 75% of the market share, forming the leading group in this sector. As major platforms accelerate their deployment of US stock and TradFi-related products, stock perpetual contracts have become a key battleground for cryptocurrency exchanges to build cross-asset trading capabilities.

Justin Sun has called on the hacker responsible for the theft of over $293 million in rsETH from Kelp DAO to negotiate. According to NS3.AI, the incident occurred on Saturday, prompting Aave to freeze rsETH across its V3 and V4 platforms, along with WETH reserves in affected markets. Since the hack, investors have withdrawn nearly 25% of assets from Aave, reducing the total value locked to just over $34 billion. LayerZero has identified preliminary indicators suggesting the involvement of the Lazarus Group, noting that the breach was confined to Kelp DAO's rsETH configuration.

Binance Blog published a new article, offering a comprehensive guide on optimizing mining efficiency and stability. As mining difficulty increases across major proof-of-work networks, the article emphasizes the importance of selecting the right mining hardware and maintaining it effectively to ensure stable performance and minimize costs. The guide highlights that simply powering on a miner and leaving it unattended is less likely to deliver stable results over time. The article begins by discussing the evolution of mining hardware, noting that application-specific integrated circuit (ASIC) miners have become the standard for Bitcoin and many major proof-of-work networks. These miners offer higher hash rates and better energy efficiency compared to GPUs or CPUs. However, the profitability of mining operations heavily depends on factors such as electricity costs, hardware prices, and prevailing market conditions. The article provides a detailed comparison of two Bitmain hydro-cooling models, illustrating the trade-offs between operational efficiency and initial capital expenditure. The S23 Hyd model, with its higher hash rate and lower power consumption, is deemed more suitable for high-density setups, while the S21j XP Hyd offers a lower upfront cost per terahash, making it easier to scale operations within a fixed budget. Beyond hardware selection, the article stresses the significance of software optimization and environmental management. Firmware tuning is highlighted as a crucial step in improving efficiency without changing hardware. The article advises updating to the latest official firmware, which often includes bug fixes and performance improvements. It also discusses the potential benefits of third-party firmware, such as autotuning, which can enhance energy efficiency. The guide outlines strategies for balancing efficiency and output, including underclocking for efficiency and overclocking for output, depending on operating conditions. Additionally, the article provides practical tips for cooling and thermal management, emphasizing the importance of maintaining stable airflow and proper ventilation to prevent thermal throttling and ensure optimal performance. The article concludes by addressing common issues faced by retail miners and offering troubleshooting advice. It covers scenarios such as lower-than-advertised hash rates, undetected hash boards, frequent rebooting, and high reject or stale share rates. The guide emphasizes the importance of consistent monitoring and maintenance to reduce downtime, lower reject rates, and extend hardware lifespan. By treating mining operations as structured endeavors rather than set-and-forget setups, miners can make informed decisions about tuning, component replacement, and scaling to optimize performance. The article serves as a valuable resource for retail miners seeking to enhance their mining efficiency and stability.

Bitcoin began the final full week of April with $81,000 marked as a significant resistance level. According to NS3.AI, renewed concerns over the US-Iran conflict have resurfaced, impacting market sentiment. Additionally, over $660 million in net inflows were recorded into US spot Bitcoin ETFs on Friday, indicating strong investor interest. Glassnode has noted that the current market drawdown is less severe compared to previous bear markets.

According to its official Twitter account, B.AI released its latest weekly report, disclosing several significant advancements in its developer ecosystem and financial infrastructure development. On the product front, B.AI officially launched the OpenClaw auto-configuration script, introduced the open-source AI coding assistant BAI Code, and completed Stripe integration, laying a solid foundation for the payment and development experience within the ecosystem. Regarding wallet support, it added multi-link access to KuCoin Web3 and Trust Wallet. With its user base surpassing one million, B.AI is continuously expanding its developer toolchain and financial connectivity capabilities for autonomous intelligent agents through deep collaborations with platforms such as KuCoin and Symbiosis, aiming to build the core of AI infrastructure for the digital economy era.

Digital asset investment products experienced net inflows totaling $1.4 billion last week, marking the third consecutive week of gains. According to NS3.AI, CoinShares reported that Bitcoin products were the primary contributors, attracting $1.11 billion. Ethereum products also saw significant inflows, adding $320 million. However, XRP and Solana products faced net outflows during the same period. CoinShares attributed the overall trend to a stronger risk appetite following U.S.-Iran ceasefire negotiations.

Bitcoin is currently trading close to $75,000 following a rejection near $78,380 on April 17. According to NS3.AI, Glassnode reported a 10.75% increase in the hodler net position change over three sessions. During the same timeframe, Bitcoin's open interest decreased from $30.46 billion to $27.44 billion.

The petrodollar system is experiencing significant pressure due to disruptions in the Gulf region, increased yuan-based settlement activities, and warnings regarding reserve currencies during the ongoing US-Iran conflict. According to NS3.AI, these factors are converging to challenge the stability of the petrodollar system. The Wall Street Journal reported that officials from the United Arab Emirates have engaged in discussions with US officials about a potential dollar backstop. This comes after disruptions in the Strait of Hormuz have constrained oil exports and affected dollar inflows.

Israel's security cabinet recently held a meeting to address concerns related to Iran and Lebanon. According to Odaily, the discussions focused on regional security matters involving these two countries. The meeting underscores ongoing tensions and the importance of strategic planning in the region.

A crypto trader has turned roughly $2,500 into nearly $500,000 within hours, riding a viral surge in the Ethereum-based meme coin ASTEROID that was triggered by a social media interaction between a girl battling cancer and Elon Musk.

Coinbase has begun using AI agents inside Slack and email to help staff with work tasks like planning, ideas and decision-making. It has also rolled out two agents named Fred and Balaji, while the CEO said AI could eventually outnumber human staff as it becomes more widely used across the company.

The $290 million vulnerability in KelpDAO ultimately led to a liquidity crisis for Aave and a test of trust for the entire DeFi industry.

South Korean prosecutors have charged a 39-year-old man with attempted murder after he allegedly tried to kill his business partner by poisoning his coffee, following a bitter fallout over a failed cryptocurrency investment.

The main purpose is to facilitate the secondary market trading of tokenized open-ended funds approved by the Hong Kong Securities and Futures Commission (SFC) on SFC-licensed virtual asset trading platforms.

Cryptocurrency, crypto market, He Yi, Interview with He Yi: I don't recommend selling your house to go all in; survival is the priority in the crypto world. Golden Finance: Small allocation, more research.

Three senior OpenAI leaders left on the same day as the company shut down or absorbed key projects like Sora and OpenAI for Science. The move is part of a wider shift to focus more on core products and enterprise AI while cutting back on costly experimental work.

I don't know where Anthropic will fire next. But I do know one thing—three bullets in four months, the next one will most likely be at the end of May or the beginning of June.

This article reviews the KelpDAO hack, analyzes the reasons for the hack and the mastermind behind it, summarizes the losses, and explores why Aave generates a large number of bad debts.

The real AI token is USDC. Everything else is just a facade.