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Powell's "Last Dance"? Will the Federal Reserve's April Meeting Unveil the Answer? | Hi, What's the Take Today?
OpenAI reportedly misses sales targets, related stocks plunge
Two addresses increased their holdings by over 6,300 ETH today, valued at nearly 15 million USD
BlockBeats news, on April 28, according to lookonchain monitoring, whales are continuously buying ETH. Address 0xE5eB, after being dormant for 3 months, withdrew 4,361 ETH worth about 9.98 million US dollars from an exchange 5 hours ago.
In addition, a newly created wallet address 0xA605 withdrew 2,000 ETH worth about 4.58 million US dollars from an exchange 1 hour ago.
BlockBeats news, on April 28, according to lookonchain monitoring, whales are continuously buying ETH. Address 0xE5eB, after being dormant for 3 months, withdrew 4,361 ETH worth about 9.98 million US dollars from an exchange 5 hours ago.
In addition, a newly created wallet address 0xA605 withdrew 2,000 ETH worth about 4.58 million US dollars from an exchange 1 hour ago.
HYPE falls back to the $40 mark, TOP 1 short trader "Loracle" unwinds short position
ChainCatcher news, according to monitoring by Hyperinsight, the price of HYPE fell back in the afternoon, briefly touching the $40 mark. The 5x leveraged HYPE short position held by the Hyperliquid trader “Loracle” was thus closed out, with a current position size of $23.8 million and an average entry price of $40.871. This is now the largest on-chain HYPE short address.
Reportedly, this address belongs to an early contributor to the Hyperliquid ecosystem, who is also the founder of Hypurrfun. Previously, when HYPE started its main rally from $20, this address heavily went long, once becoming the second largest on-chain HYPE long address. On April 20, it switched to taking short positions. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.
ChainCatcher news, according to monitoring by Hyperinsight, the price of HYPE fell back in the afternoon, briefly touching the $40 mark. The 5x leveraged HYPE short position held by the Hyperliquid trader “Loracle” was thus closed out, with a current position size of $23.8 million and an average entry price of $40.871. This is now the largest on-chain HYPE short address.
Reportedly, this address belongs to an early contributor to the Hyperliquid ecosystem, who is also the founder of Hypurrfun. Previously, when HYPE started its main rally from $20, this address heavily went long, once becoming the second largest on-chain HYPE long address. On April 20, it switched to taking short positions. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.
West Red Lake Gold Mining Company announces the latest drilling assay results from its Rowan deposit, showing high-grade gold mineralization.
Palantir (PLTR.US) faces setbacks in expansion: German military publicly rejects cooperation, U.S. AI defense software hits obstacles in Europe
Exchange takes you to hot coins: BSB's popularity drops, down 10.07% in 24H
Rubber futures rise for five consecutive sessions, approaching 407 yen as tight supply and crude oil support the market
JUST Weekly Report: Stable Business Performance and Continued Reinforcement of Tron DeFi Infrastructure
ChainCatcher reports that the latest weekly data shows JUST ecosystem’s TVL has reached $11.46 billion, accounting for 42.28% of Tron’s total DeFi TVL. This week, platform deposits reached $3.75 billion, and borrowings stood at $193 million, demonstrating abundant market liquidity. Meanwhile, JUST, through its regular buyback-and-burn mechanism, has cumulatively destroyed $60.03 million, with the burn ratio further rising to 13.70%. While providing users with diversified yield options such as sTRX, USDD, etc., the platform continues to optimize the supply and demand structure of asset allocation. This transparent and efficient mechanism execution and long-term stable value feedback not only highlight JUST’s robust operation as Tron’s core DeFi protocol, but also build a resilient long-term value system for users.
ChainCatcher reports that the latest weekly data shows JUST ecosystem’s TVL has reached $11.46 billion, accounting for 42.28% of Tron’s total DeFi TVL. This week, platform deposits reached $3.75 billion, and borrowings stood at $193 million, demonstrating abundant market liquidity. Meanwhile, JUST, through its regular buyback-and-burn mechanism, has cumulatively destroyed $60.03 million, with the burn ratio further rising to 13.70%. While providing users with diversified yield options such as sTRX, USDD, etc., the platform continues to optimize the supply and demand structure of asset allocation. This transparent and efficient mechanism execution and long-term stable value feedback not only highlight JUST’s robust operation as Tron’s core DeFi protocol, but also build a resilient long-term value system for users.
Kalshi CEO: The potential market size for institutional risk transfer block trades could reach $10-15 trillion
Odaily reported that regarding the recent completion of the first customized commodity transaction on the Kalshi platform, Kalshi CEO Tarek Mansour posted on X, saying, "Historically, the bottleneck for institutional risk transfer has been liquidity. The bottleneck for liquidity lies in the lack of price benchmarks for every type of relevant risk (for example, WTI for oil). Kalshi has built a large community of top global super forecasters who are world-class in risk pricing. This enables us to provide price benchmarks for a broader range of issues faced by individuals and institutions. Institutions have begun adopting these price benchmarks by incorporating them into traditional asset pricing models. Although there is still work to be done, we are seeing rapid expansion in data use cases and integrations."
"The next phase is to use price benchmarks to transfer risk via block trades and RFQs (Requests for Quotation). This phase is still early, but has started to take shape. The market size for risk transfer on nontraditional financial targets is still hard to estimate. The closest reference is the reinsurance market and banks' derivatives divisions: reinsurance is about $700 billion; insurance-linked securities and parametric insurance (like catastrophe bonds) are about $12-13.5 billion; bank derivatives (structured products, dealer-to-dealer, exotics, etc.) are about $20-40 billion. The current market is about $1-1.5 trillion, but most of it is illiquid and traded OTC (i.e., with a single counterparty). Whenever major OTC markets switch to exchange trading, the market grows significantly due to establishing price benchmarks, narrowing spreads, breaking Wall Street's monopoly on access, and bringing in entirely new participants—interest rate swaps grow 10-15 times, equity options 20-30 times, energy derivatives 5-8 times. Institutional use cases for prediction markets could create a $10-15 trillion market, and there is even more upside, depending on how much it democratizes products currently exclusive to Wall Street."
Odaily reported that regarding the recent completion of the first customized commodity transaction on the Kalshi platform, Kalshi CEO Tarek Mansour posted on X, saying, "Historically, the bottleneck for institutional risk transfer has been liquidity. The bottleneck for liquidity lies in the lack of price benchmarks for every type of relevant risk (for example, WTI for oil). Kalshi has built a large community of top global super forecasters who are world-class in risk pricing. This enables us to provide price benchmarks for a broader range of issues faced by individuals and institutions. Institutions have begun adopting these price benchmarks by incorporating them into traditional asset pricing models. Although there is still work to be done, we are seeing rapid expansion in data use cases and integrations."
"The next phase is to use price benchmarks to transfer risk via block trades and RFQs (Requests for Quotation). This phase is still early, but has started to take shape. The market size for risk transfer on nontraditional financial targets is still hard to estimate. The closest reference is the reinsurance market and banks' derivatives divisions: reinsurance is about $700 billion; insurance-linked securities and parametric insurance (like catastrophe bonds) are about $12-13.5 billion; bank derivatives (structured products, dealer-to-dealer, exotics, etc.) are about $20-40 billion. The current market is about $1-1.5 trillion, but most of it is illiquid and traded OTC (i.e., with a single counterparty). Whenever major OTC markets switch to exchange trading, the market grows significantly due to establishing price benchmarks, narrowing spreads, breaking Wall Street's monopoly on access, and bringing in entirely new participants—interest rate swaps grow 10-15 times, equity options 20-30 times, energy derivatives 5-8 times. Institutional use cases for prediction markets could create a $10-15 trillion market, and there is even more upside, depending on how much it democratizes products currently exclusive to Wall Street."