According to the analysis of on-chain analyst @ai_9684xt, as reported by Jinse Finance, since April 24th, a whale who had built up a position of 14,146 ETH, 0x205...Ac621 (suspected to be Sun Yuchen's address), has once again transferred 8,170 ETH worth 25.92 million US dollars from Binance. As of now, the address has accumulated 22,317 ETH at an average price of $3,193, with a total value of $70.8 million.
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President Biden has proposed a budget of $7.3 trillion, which includes tax increases primarily targeting higher income taxpayers. The proposed changes include potentially increasing the top federal rate on ordinary income and nearly doubling the long term capital gain tax for those with taxable income over $400,000. The budget proposal also includes the repeal of Section 1031, which allows for like-kind real estate exchanges, and the imposition of a minimum tax on households with a net worth exceeding $100 million, which has been dubbed the "billionaire tax." These proposals, if enacted, could have a significant impact on high income taxpayers and the real estate industry.
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TRON founder Justin Sun expressed on X platform that he believes that Ethereum spot ETF will not be approved in May. The cryptocurrency industry still needs to prepare for long-term education for regulatory agencies, with a focus on helping them understand cryptocurrency.
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According to DeFiLlama data, the trading volume of DEX on the Ethereum blockchain on April 26 was $1.868 billion, ranking first. In addition, the trading volume of DEX on the Solana blockchain was $856.15 million yesterday, ranking second for 5 consecutive days; the trading volume of DEX on the BSC blockchain was $655.5 million yesterday, ranking third.
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Tiger Securities (Hong Kong) announced that its TigerTradeApp will open zero commission and zero platform fee trading for six virtual asset spot ETFs issued in Hong Kong on April 30 for all Hong Kong clients. These include Bosera HashKey Bitcoin ETF (3008.HK), Bosera HashKey Ethereum ETF (3009.HK), Huaxia Bitcoin ETF (3042.HK), Huaxia Ethereum ETF (3046.HK), ChinaAMC Bitcoin Spot ETF (3439.HK) and ChinaAMC Ethereum Spot ETF (3179.HK). Xu Yang, a partner of Tiger International, said that the Hong Kong Securities and Futures Commission officially recognized the first batch of virtual asset spot ETFs issued in Hong Kong, marking an important step in the process of Hong Kong becoming an international virtual asset center. The company is pleased to see the introduction of new and regulated virtual asset investment products in the Hong Kong capital market, which will diversify the Hong Kong investment market and attract more funds to flow into Hong Kong, thereby expanding the breadth and depth of the Hong Kong market.
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Decentralized credit market Clearpool announced on X platform that the weekly MNT token rewards have been distributed, with a total of 9,352.13 MNT tokens being airdropped to wallet addresses providing liquidity to Clearpool's borrower pool through @0xMantle. During the increased yield promotion, all lenders will receive an additional 15% bonus paid in MNT tokens.
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