1. Follow-up of Bitget contract accident: rolling back transactions and sending lawyers' letters to users. Is it the user's counterparty?

On April 20, the VOXELUSDT contract trading pair on the Bitget exchange was abnormal. In a short period of time, the token price fluctuated rapidly within a specific range, and the trading volume surged. Some traders saw the huge benefits in it, rushed in, opened orders at a high frequency, and obtained relatively rich profits. Click to read

2. Three reasons why Ethereum is in trouble

Ethereum will celebrate its tenth anniversary in a few weeks. However, the project and community are still divided and have different development directions, struggling in the increasingly fierce competition. Last week I wrote about the three main reasons why Ethereum is in trouble, and why market sentiment has fallen to the lowest point I have ever seen. The reasons described last week were mainly cultural. This article continues with three more pragmatic reasons: talent crisis, user experience fragmentation, and governance issues. Click to read

3. Policy evolution and development prospects of Russian cryptocurrency

Cryptocurrency is issued and traded based on distributed ledger technology, with characteristics such as decentralization, globalization, anonymity, and irrevocable transactions. In recent years, it has become an important means for some countries to evade financial sanctions, and it also provides a new analytical perspective for the development of encrypted assets in various countries. The outbreak of the Russian-Ukrainian conflict in 2022 and the subsequent sanctions from the United States and Europe have promoted the transformation of Russia's cryptocurrency policy from "strict supervision to financial transactions, and then to the legalization of cross-border payments and mining", driving the rapid growth of Russian cryptocurrency transactions. At present, the cryptocurrency holding rate in Russia is 6.06%, which is lower than the global overall level (6.9%), and there is still a large market development space in the future. Click to read

4. What will happen to the crypto industry if Trump fires Powell

In recent months, we have repeatedly witnessed such a pattern: US President Trump takes certain actions that are objectively harmful to the US economy, and then the market plummets. Seeing this, Trump pressured Federal Reserve Chairman Powell to lower the federal funds rate (the interest rate at which the Federal Reserve lends money to banks). Powell, with a firm look in his eyes, responded: "No."Click to read

5. BTC supply on exchanges hits lowest level since 2018. What happened in the market?

According to CryptoQuant data, as of the end of April 2025, the supply of BTC held by centralized exchanges has dropped to the lowest level since 2019, with only about 2.5 million BTC left, a decrease of 500,000 from the end of 2024. Click to read