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Virtual Protocol’s VIRTUAL token has surged to a two-month high, driven by a significant uptick in user engagement and AI agent activity. However, caution is warranted as technical indicators suggest potential short-term corrections.


Bitcoin’s supply in profit has surged past 85%, signaling investor optimism and the potential for a euphoric phase, but market corrections may follow. With the funding rate at 0%, investors await a market catalyst for clearer direction.

Bitcoin traders could risk off as a handful of US macroeconomic reports print throughout the week.





Bitcoin ETFs have experienced a remarkable week of consistent inflows, with BlackRock's IBIT leading the charge. However, a bearish sentiment in the futures market suggests caution as investors eye potential pullbacks.

- 16:23Spot Bitcoin ETF sees net outflow of 382 BTC today, Spot Ethereum ETF sees net outflow of 1648 ETHAccording to Lookonchain, today 10 spot Bitcoin ETFs experienced a net outflow of 382 BTC, while at the same time 9 spot Ethereum ETFs saw a net outflow of 1648 ETH.
- 16:20Bitwise Executive: Bitcoin Could Reach $1 Million by 2029André Dragosch, Head of Research at Bitwise Europe, predicts that Bitcoin could reach $1 million by 2029, surpassing gold's current market value of $21.7 trillion. His analysis indicates that Bitcoin's base target price for the 2025 cycle is $200,000, and if the U.S. government adopts a "budget-neutral" strategy to directly allocate Bitcoin, it could rise to $500,000. The first-year performance of the U.S. spot Bitcoin ETF exceeded expectations, with BlackRock's IBITETF setting a record for the fastest growth in history. Dragosch believes that as major investment banks like Merrill Lynch and Morgan Stanley gradually open their channels, "structural capital inflows" will extend the Bitcoin cycle.
- 16:20Tether Releases Q1 Financial Report: U.S. Treasury Exposure Nears $120 Billion, Quarterly Profit Exceeds $1 BillionAccording to the official announcement, Tether released its audit report for the first quarter of 2025. As of March 31, 2025, Tether's total exposure to U.S. Treasury bonds was close to $120 billion, reaching a record high. Meanwhile, Tether achieved over $1 billion in traditional investment operating profits in the first quarter, primarily due to the robust performance of its U.S. Treasury bond portfolio, while gold investments nearly offset the volatility in the crypto market. In terms of assets and liabilities, Tether's total assets were at least $149.27 billion, with total liabilities of $143.68 billion, of which $143.68 billion was related to issued digital tokens. The excess reserves reached $5.6 billion, demonstrating the company's strong risk management and liquidity status. In the first quarter, the circulating supply of USDT increased by approximately $7 billion, and the number of user wallets increased by 46 million, a quarter-on-quarter growth of 13%. Additionally, Tether strategically invested over $2 billion through Tether Investments in long-term projects such as renewable energy, artificial intelligence, peer-to-peer communication, and data infrastructure.