Author: Kathir J

  • CGTN Poll: Trump’s approval rating plummets after 100 days in office

    One hundred days into his second term, U.S. President Donald Trump and his “America First” policy are facing mounting challenges, according to new CGTN polls.

    In February and April this year, CGTN conducted two global public opinion surveys involving 15,947 respondents from 38 countries.

    Findings show a sharp decline in American public satisfaction with Trump’s governance. His tariff-centric approach and “America First” policy have triggered growing pessimism among respondents from both traditional U.S. allies and the Global South regarding future relations with the United States. The administration now faces a serious global trust deficit.

    Global confidence in the U.S. declines

    In the April survey, 48.9 percent of American respondents expressed dissatisfaction with Trump’s performance since taking office. Of those, 53.1 percent criticized his “reciprocal tariffs” policy for damaging the U.S. stock market, while 60.4 percent believed his domestic economic policies failed to control inflation and instead caused price increases. Meanwhile, 54 percent expressed serious concerns about his interest rate policies.

    Discontent is also rising globally. Respondents from key U.S. allies expressed deep concern over strained ties with Washington. In France, Germany, Canada, Japan, and South Korea, more than 70 percent of respondents were pessimistic about their countries’ future relations with the U.S. Many cited the belief that the “America First” doctrine has made the U.S. less attentive to its allies. This sentiment was strongest in South Korea, where 87 percent strongly agreed, and over 70 percent in the UK, Germany, Canada, Australia, and Italy shared the view.

    Likewise, confidence among Global South countries has rapidly declined. Of the 23 surveyed, 19 expressed pessimism about future ties with the U.S. In South Africa, Egypt, Peru, Indonesia, and Malaysia, optimism dropped by more than 20 percentage points.

    Tariff bullying damages global public’s goodwill towards the U.S.

    Both surveys found widespread opposition to U.S. tariff policy. Some 74.2 percent of global respondents believe the policy will seriously harm their countries’ economic development – a figure up 16.3 percentage points in just two months. Disapproval grew most in Saudi Arabia and Serbia, where negative views surged by 28.5 percentage points.

    In Southeast Asia, countries like Vietnam, the Philippines, Thailand, Indonesia, and Malaysia – seen as “hard-hit areas” of U.S. tariffs – have shown growing resistance. Among respondents in these five countries, 60.2 percent believe “strengthening export controls and unilateral sanctions” harms their national development, up 15.5 percentage points from the previous survey. Meanwhile, 69.4 percent opposed “limiting investment by foreign technology enterprises” (up 14.3 percentage points), and 61.5 percent viewed U.S. “reducing dependence on foreign imports and supply chains” as detrimental to their countries (up 12.3 percentage points).

    China’s firm countermeasures against U.S. tariffs received strong global backing. In 37 out of 38 countries surveyed, majorities supported China’s actions. Support among developing countries was especially strong – 13 countries, including Kenya, Egypt, Brazil, Kazakhstan, Nigeria, Malaysia, the UAE, and South Africa, saw support rates above 70 percent, with Kenya topping the list at 82.5 percent. Among developed countries, the UK led the G7 with a 70.5 percent support rate, followed by Canada (69.5 percent), Germany (66 percent), and France (65.5 percent).

    The surveys were jointly conducted by CGTN and Renmin University of China via the Institute of International Communication in the New Era. Respondents included individuals from developed countries such as the U.S., the UK, France, and Japan, as well as from developing nations including Mexico, South Africa, and Malaysia.

    https://news.cgtn.com/news/2025-04-30/CGTN-Poll-Trump-s-approval-rating-plummets-after-100-days-in-office-1CZRnmTuRK8/p.html

  • GoRich Officially Launches: Zero-Barrier On-Chain Trading
Perfect for beginners — discover and trade 100x meme coins with ease!

    On-Chain PVP: The New Market Trend, with Meme Coins Reigning Supreme

    As we enter April 2025, the crypto market has cooled from its previous surge, but the on-chain ecosystem remains hotter than ever.
    Meme coins continue to dominate trending charts, with fresh “100x coins” emerging regularly to fuel market excitement.

    On-chain PVP trading has become the new frontier: it’s a battle of information, speed, and precision. The true traders are already at the cutting edge of the blockchain, competing for opportunities.

    Yet, wallet management complexities, gas fees, and cross-chain transactions still pose challenges for many everyday users.
    While centralized exchanges (CEXs) are user-friendly, their slow listing processes often cause users to miss out on the earliest and most explosive opportunities.

    So, how can more users participate in on-chain trading at lightning speed?
    GoRich is the solution.

    GoRich: Trade Across Multiple Chains with Just One Account – No Wallet Needed

    GoRich, integrated within the bit.com app, allows users to trade multiple blockchain assets with a single account, offering the perfect blend of “No Wallet Required” and CEX-level experience.

    Incubated by bit.com (formerly BIT) Exchange, GoRich lets users transfer USDT from their bit.com accounts to GoRich, accessing on-chain markets directly without the need for wallet creation, seed phrase management, or holding native tokens.

    With GoRich, buying and selling popular meme coins is both seamless and efficient.
    GoRich simplifies the complexities of DEXs by executing transactions on-chain through a broker model, preserving the decentralization of on-chain assets while enhancing the overall trading experience.

    Key Features:

    • Gas fees automatically deducted in USDT, no need for extra tokens
    • Supports limit orders, enabling precise buy and sell strategies
    • One-click profit-taking, MEV protection, adjustable slippage, and secure fund custody

    Whether you’re looking to capture the next 100x meme coin or just starting with on-chain trading, GoRich is the tool you don’t want to miss.

    Five Core Advantages of GoRich — Truly Lowering the Barriers to On-Chain Trading

    Multi-Chain Access
    Trade across multiple chains directly via the BIT.com App with just one account.

    No Wallet Needed
    Use your bit.com account funds directly—no wallet setup or private key management.

    One Token for All – USDT
    No need for native tokens—USDT covers both token purchases and gas fees.

    Flexible Trading
    Supports limit orders, one-tap profit-taking, and anti-mev & auto Slippage

    Secure Custody
    Assets are securely held by Cactus Custody, ensuring transparency and compliance.

    To celebrate the official launch of GoRich, the platform is launching a limited-time promotional event. From April 30 to May 12, new users can try out GoRich and receive $Trump tokens, and compete in the trading volume leaderboard for a chance to win up to 3 SOL in rewards!

    Real User Feedback: The On-Chain Experience Enters the “Battle of User Experience” Era

    Thousands of users participated in GoRich’s beta testing, and their feedback is clear: the on-chain trading landscape is shifting.

    User @wanfan shared on X (formerly Twitter):
    “On-chain trading is evolving from the wallet phase to a new era where user experience is key. GoRich and similar platforms are simplifying the process, improving functionality, and optimizing information presentation, successfully replicating the seamless CEX experience on-chain. This allows beginners to fully engage in the PVP arena.”

    He also highlighted that compared to other platforms, GoRich stands out by offering a broader feature set while preserving the true openness of on-chain assets. Unlike other platforms that limit trading to curated lists, GoRich enables trading of all on-chain assets, giving users greater freedom and more opportunities to capture emerging market trends.

    Bit.com CEO: Empowering More Users to Enter the On-Chain World

    On the occasion of bit.com’s fifth anniversary, CEO Zingho Chan shared:

    “We are thrilled to launch our on-chain trading platform, GoRich. Our mission is to eliminate the technical barriers of Web3 trading and make it easy for more users to access the on-chain world in the most familiar and intuitive way possible. The launch of GoRich marks a significant milestone in on-chain trading innovation. Moving forward, we are committed to delivering more convenient and efficient solutions to drive the widespread adoption and growth of the on-chain ecosystem.”

    Getting Started with GoRich

    1.Download and open the bit.com app

    2.Tap the “GoRich” menuat the bottom

    3.Transfer USDTto your GoRich account

    4.Search for tokens or contract addresses, confirm the price, and trade with one click

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

  • Cambridge Research Reveals the Centralization of Bitcoin Leveraged Computing Power XBIT Exchange Reveals Hegemony or Risk?

    The latest research from the Cambridge Center for Alternative Finance (CCAF) shows that the United States currently controls 75.4% of the hash power of the global Bitcoin network, which is more concentrated than the period when China dominated in 2021 (65-75%). This data comes from a survey of 49 leading mining companies, whose combined computing power accounts for nearly 50% of the entire Bitcoin network. XBIT said that as the United States has become the world’s largest mining center, the controversy over the possibility that computing power monopoly may threaten the principle of network decentralization continues to heat up.

    Twitter : @XBITDEX

    The CCAF report pointed out that the current computing power scale of the United States is 600 EH/s (accounting for 75.4% of the global total of 796 EH/s), far exceeding other regions. The formation of this pattern is closely related to policy orientation-the Trump administration regards Bitcoin as “digital gold” and simplifies the energy approval process for mines through the “Acceleration Plan” of the Ministry of Commerce, attracting a large number of mining companies to move in. However, the trend of centralization has caused XBIT (dex Exchange) analysts to worry: If the US government adjusts its position in the future, will it be possible to use the computing power advantage to implement regulatory intervention?

    History provides a warning case. After China banned mining in 2021, computing power was dispersed around the world in the short term, but it was eventually concentrated in the United States. Although there were no network abuse incidents during the period of China’s dominance, the current US computing power monopoly may give the federal government greater intervention capabilities. For example, through sanctions or executive orders to review transactions, or even require miners to implement specific block screening rules. XBIT (dex Exchange) researcher admitted: “The concentration of computing power may put Bitcoin at risk of ‘politicization’, which runs counter to the anti-censorship vision designed by Satoshi Nakamoto.”

    US Secretary of Commerce Howard Lutnick’s recent statement highlights policy tendencies. He defined Bitcoin as a “commodity with a fixed supply” and promoted the reduction of mining costs through off-grid power generation facilities. “Imagine that your data center is next to a power plant – this will completely change the combination of energy and computing power.” His remarks reflect the federal government’s strategic intention to attract computing power investment.

    Twitter : @XBITDEX

    However, the checks and balances of the federal system may form a natural barrier. Officials in major mining states such as Texas have publicly opposed excessive intervention, believing that “damaging the value of Bitcoin will shake investor confidence.” In addition, the weakening trend of the US monetary sanctions system (such as shifting to tariffs rather than financial blockades) may reduce the government’s motivation to directly control the Bitcoin network. However, analysts at XBIT (dex Exchange) pointed out: “The risk has not been eliminated. If the concentration of computing power is superimposed on policy shifts, the struggle for network governance rights may trigger a chain reaction.”

    The Bitcoin community’s experience in dealing with the concentration of computing power may be the key. The Chinese ban in 2021 caused the computing power to plummet by 50%, but miners migrated to North America, Central Asia and other places, ultimately driving the network computing power to rebound by 130% at the end of the year. This history shows that the distribution of computing power is dynamically adaptable, but under the current US-dominated pattern, the difficulty of decentralization has increased significantly.

    Even if the current US computing power share is reduced to 50%, it is still far beyond the historical warning line. XBIT (dex Exchange) analysts pointed out: “The centralization of computing power is not irreversible, but it requires systematic efforts. Global miners need to find a balance between compliance and censorship resistance. XBIT (dex Exchange) crypto asset custody is not only an asset protection tool for high net worth investors, but also a core service that allows them to focus on strategic investment and optimize asset allocation.”

    Twitter : @XBITDEX

    The industry is facing a critical choice: to rely on US energy and policy dividends to maintain growth, or to accelerate the diversification of computing power in terms of geography and technology? The answer may lie in a combination of the two – through legislation to protect miners’ rights, develop anti-censorship mining protocols, and establish a cross-border computing power alliance, a more resilient network ecosystem may be built. As an early advocate of Bitcoin said: “The real enemy of decentralization is not centralization, but the habit of centralization.”

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

  • CCAI Coin Surges 180% on Hotcoin Exchange Debut, Highlighting AI-Blockchain Potential

    Hotcoin Daily Update (April 29, 2025): CCAI surged by 180.53%, ranking among top-performing tokens.

    On April 28 at 20:00 (UTC+8), the CCAI token launched on the Hotcoin exchange, demonstrating strong market performance and receiving enthusiastic investor attention. According to official Hotcoin data, CCAI rapidly climbed the exchange’s trending token list, briefly reaching over 6.3 USDT—a remarkable 180.53% increase from its initial listing price. This impressive growth positioned CCAI as one of the standout newly-listed assets for the day. In celebration of the successful launch, the CCAI project initiated global events, providing a reward pool of 50,000 CCAI tokens, further fueling community engagement.

    Long-term Potential in AI and Blockchain Integration

    The significant attention garnered by CCAI is linked closely to the ongoing surge in integrating Artificial Intelligence (AI) with blockchain (Web3). Recent rapid advancements and widespread application of AI, combined with blockchain’s decentralization and trust mechanisms, have unlocked new real-world scenarios for AI implementation. Industry reports indicate that as of Q2 2025, five of the top 20 crypto market narratives involve AI, attracting interest from over 35.7% of investors. Furthermore, 87% of cryptocurrency users express willingness to allow AI to manage portions of their investment portfolios, highlighting the market’s confidence in AI-driven crypto projects as high-potential growth areas. Consequently, projects merging AI and blockchain technologies are expected to continually benefit from these dual technological advances and are projected by industry insiders to show strong long-term growth.

    CCAI is strategically positioned in this burgeoning sector. According to Hotcoin’s official announcement, CCAI serves as a core token for an AI-powered quantitative trading ecosystem, empowering various blockchain applications like GameFi, SocialFi, and DeFi. In essence, CCAI leverages AI algorithms to enhance gaming, social, and decentralized financial applications, facilitating value transmission and incentive mechanisms through blockchain technology. This strategic alignment with two major trending sectors—AI and Web3—has been affirmed by CCAI’s robust debut performance. Analysts suggest projects that integrate AI technology with blockchain attributes are likely to distinguish themselves, driving sustained growth through technological innovation and practical applications.

    Global “CCA MILES TOUR” Initiative Launched

    Building upon its early technical and market achievements, the CCAI project is actively expanding its global community presence. Official sources confirm that the CCAI team has launched the “CCA MILES TOUR,” a worldwide AI-blockchain summit tour. Over the next year, this initiative aims to visit 100 cities globally, directly engaging developers, investors, and community members. The tour will focus on innovations at the intersection of AI and blockchain, present CCAI’s technological vision and ecosystem roadmap, and gather local community feedback. Through these extensive global roadshows, CCAI aims to strengthen international community participation, fostering consensus and laying groundwork for global growth. Such large-scale in-person exchanges are relatively rare in the blockchain sector, underscoring the project’s emphasis on community building and sustainable development.

    CCAI has outlined a clear expansion roadmap. Firstly, regarding trading channels, the team plans to progressively list on more mainstream cryptocurrency exchanges to enhance CCAI’s global liquidity and accessibility. Following the successful Hotcoin debut, CCAI is expected to appear on additional leading exchanges, reaching a broader investor base. Secondly, regarding its ecosystem applications, CCAI intends to expand its global ecosystem through collaboration with international developers and partners. This strategy aims to enrich practical applications across sectors including GameFi, SocialFi, quantitative trading, and DeFi, encouraging more innovative projects to integrate into its AI ecosystem. Ultimately, CCAI aspires to build a decentralized, AI-empowered economic system, deeply integrating AI technologies with blockchain economies to create new value networks and business models. Whether CCAI can sustain growth within the dynamic crypto landscape remains a focal point of industry interest.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

  • Foundation Capital Announces Strategic Investment in Arkon to Advance CeDeFi Innovation

    PALO ALTO, CA — April 30, 2025 — Foundation Capital, a leading Silicon Valley venture capital firm, today announced a strategic investment in Arkon, a next-generation CeDeFi incubation platform. This partnership underscores Foundation Capital’s long-term commitment to supporting pioneering blockchain innovations and visionary entrepreneurs, jointly building a sustainable future for decentralized finance and accelerating global adoption.

    Leading Financial Innovation and Empowering Web3 Ecosystem

    Arkon positions itself at the cutting edge of financial technology, uniquely integrating the compliance strengths of centralized finance (CeFi) with the autonomy and innovation of decentralized finance (DeFi). The platform aims to become an essential resource hub, providing blockchain startups comprehensive tools—from multi-chain asset management, regulatory-compliant governance frameworks, technical incubation, to strategic market access—earning its reputation as the indispensable “Swiss Army knife” for Web3 entrepreneurs globally.

    With this strategic investment, Foundation Capital will further empower Arkon by bolstering its technical capabilities, attracting top talent, enhancing brand presence, and expanding the global ecosystem, enabling startups to scale rapidly and sustainably.

    Rodolfo Gonzalez, Head of Crypto Investments at Foundation Capital, stated:“Arkon exemplifies the type of innovative integration and market potential Foundation Capital seeks. By effectively bridging CeFi and DeFi, Arkon fosters industry innovation while maintaining robust global regulatory compliance, laying a solid foundation for sustainable growth in decentralized finance.”

    With Rodolfo Gonzalez, Eric, Anand, Kumar, and Carolyn at Foundation Capital’s Palo Alto office in January 2025.

    Building a Compliant and Robust Global Financial Ecosystem

    This strategic partnership represents a shared vision between Foundation Capital and Arkon: to establish a technologically advanced, regulatory-compliant, and user-centric decentralized financial ecosystem on a global scale. Leveraging Arkon’s advanced cross-chain interoperability and unified account systems, users and institutions worldwide will benefit from seamless, secure, and efficient digital asset management across diverse blockchain environments.

    Additionally, both parties will collaboratively explore innovative blockchain governance models, balancing decentralized community autonomy with stringent global regulatory requirements, ensuring transparent and efficient on-chain governance.

    Foundation Capital will utilize its extensive global resources across North America, Europe, and Asia, enabling Arkon to cultivate a broader international partnership network and accelerate market penetration for incubated projects.

    Exploring Future Opportunities to Accelerate Mainstream Adoption

    Looking ahead, Foundation Capital and Arkon will work closely to identify and nurture the most promising Web3 innovations, driving healthy ecosystem growth and global adoption. This collaboration will further bridge innovation with regulatory compliance, strengthening Arkon’s global market presence and accelerating the mainstream acceptance of blockchain technology and decentralized finance solutions.

    This strategic alliance heralds the advent of a transformative era in digital finance, positioning Arkon as a pivotal force leading the evolution and adoption of future financial technology.

    About Foundation Capital

    Founded in 1995, Foundation Capital has a longstanding history of investing in groundbreaking technologies. With over $6 billion in assets under management, the firm has backed more than 400 companies, including notable names like Netflix, Solana, and OpenSea. Foundation Capital continues to support early-stage ventures that are poised to make significant impacts across various industries.​

    About Arkon

    Arkon is a pioneering CeDeFi incubation platform that offers end-to-end support for blockchain startups. By combining the regulatory compliance of CeFi with the innovative spirit of DeFi, Arkon provides a unique environment for the development and growth of decentralized financial applications.​

    For more information, please visit Foundation Capital and Arkon.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

  • The China Sanya Fashion Consumption Industry Promotion Conference and the press conference for the 2025 Sanya International Wedding Dress Fashion Week were held in Milan, Italy

    The China Sanya Fashion Consumption Industry Promotion Conference and the 2025 Sanya International Wedding Fashion Week Press Conference, hosted by the Sanya Municipal Bureau of Commerce, was successfully held in Milan, Italy on April 28.


    Video Link: https://www.youtube.com/embed/q0g1BXbQ7aY

    On the important occasion of the 55th anniversary of the establishment of diplomatic relations between China and Italy, this fashion consumption industry promotion event was held in Milan, Italy, aiming to deepen exchanges between China and Italy in the fields of fashion, art and culture, promote the internationalization of Sanya’s fashion consumption industry, and facilitate in-depth cooperation in fashion-related fields between Sanya, China, Milan, Italy and other parts of Europe.

    At the event, Geng Xiewei, Economic and Commercial Counselor of the Consulate General of China in Milan, and the delegation from Sanya City, Margerita, founder of the Spanish Fashion Sulo Aga Cultural Foundation, Jean Francois Larrieu, president of the French Taylor Foundation, and MASSIMO BASILE, founder of celebremagazine in Milan, Italy Leng Yuxuan, a fashion bride multimedia producer and general advisor of Sanya International Wedding Fashion Week, and Xu Wei, secretary-general, along with representatives of international wedding brands such as The Ateiler, Yumi GUI, GALIA LAHAV, JoliPoli, TONY WARD, Corona Borealis, and WANG FENG, More than 60 guests, including media representatives, attended.

    In his speech, Zheng Conghui, director of the Bureau of Commerce of Sanya, said that Sanya is China’s fashion and romance capital, resort hotel capital, yacht tourism capital, wedding and honeymoon capital. The Hainan Free Trade Port is a highland of China’s openness. As an important gateway to the Hainan Free Trade Port, Sanya is building the core area of the international tourism and consumption center, with more than 50 five-star resort hotels and over 30,000 beds in star-rated hotels. The brand hotels of the world’s leading hotel management groups, such as Marriott, intercontinental, Park Hyatt, Shangri-La, Mandarin Oriental and Capella, are all located in Sanya. In 2024, the city will receive more than 30 million overnight visitors from around the world, and more than 300,000 couples will come to Sanya each year to take wedding photos and hold travel weddings. Since 2023, Sanya has hosted two International Wedding Fashion weeks, which have become China’s most influential event for the release and sale of new wedding dresses. In 2024, 30 international wedding dress brands from around the world participated, with purchase transactions exceeding 200 million yuan. Sanya invited Italian fashion enterprises to seize the opportunity of the free trade port, combining Milan’s exquisite craftsmanship with Sanya’s open vitality to jointly explore the international market.

    Geng Xiewei, Economic and commercial Counselor of the Chinese Consulate General in Milan, delivered a brilliant speech, saying that Sanya is not only China’s tropical paradise but also a rising star in the global consumption map. It has the natural aesthetic inspiration of the blue sea and sky, the open business environment empowered by the free trade port policy, and the infinite possibilities created by entrepreneurs and artists from China, Italy, Europe and other countries.

    Jean Francois Larrieu, president of the French Taylor Foundation, Margerita, founder of the Spanish Fashion Soloaga Cultural Foundation, and MASSIMO, founder of Italian celebre magazine BASILE, speaking on behalf of the fashion and consumer industries in Spain, France and Italy, will push for European fashion industry and event leaders to pay attention to Sanya, China, encourage more European fashion and luxury brands to launch their first shows and first stores in Sanya, increase publicity efforts and recommend Sanya.

    You Huan, head of the Conference and Exhibition Division of the Sanya Municipal Bureau of Commerce, introduced preferential policies for the city’s fashion and consumption industry to attract European enterprises to visit and invest in Sanya.

    The event also announced the preparations for the third China Sanya Wedding Fashion Week 2025, which will be held in Sanya from November 25 to November 30, 2025, featuring more than ten exciting activities such as brand shows, brand displays, trend forums and award ceremonies. Global registration for the event will start on May 10, 2025. Fashion enthusiasts around the world are invited to register online to participate in the event. It is expected that 50 international wedding brands will gather in Sanya to showcase the perfect blend of fashion and romance.

  • Bitcoin hits a critical position and XBIT spot ETF from the top ten cryptocurrency exchanges have a record influx

    Bitcoin continued to be strong last week (April 20-26), with the price climbing 11.75% to $94,061, setting a two-month high. XBIT analysis pointed out that although the spot Bitcoin ETF had a record weekly net inflow of $3.1 billion, the perpetual futures market showed a sharp bearish signal, coupled with the battle for the key resistance level of $96,000, the market’s disagreement on whether Bitcoin can break through the $100,000 mark has intensified.

    Twitter : @XBITDEX

    The Trump administration’s signal of tariff concessions and the 7.1% weekly increase in the S&P 500 index have pushed Bitcoin and risk assets to strengthen simultaneously. The spot Bitcoin ETF has a weekly inflow of $3.1 billion, a record high, indicating that institutional and retail funds are accelerating. However, the abnormal financing rate of perpetual futures contracts exposes the market’s fragility.

    On April 26, the financing rate of perpetual contracts plummeted to -0.15%, a rare level in the bull market. XBIT (dex Exchange) analysts pointed out that negative interest rates mean that retail investors are paying high fees to maintain short positions, and more than $450 million of short positions were forcibly liquidated on the same day. This phenomenon is closely related to the emergence of selling pressure after the price broke through $94,000, suggesting that leveraged funds are sensitive to high levels.

    The 30-day correlation between Bitcoin and the S&P 500 index has plummeted from 60% in March to 29%, indicating that its “tech stock alternative” attribute has faded. Although gold failed to hit $3,500, Bitcoin has remained above $90,000 for more than two weeks, gradually getting rid of the controversy of “digital gold”. XBIT (dex Exchange) analysis believes that the decline in correlation reflects that Bitcoin is evolving into an independent asset class, but macroeconomic fluctuations may still affect the market through sentiment transmission.

    Twitter : @XBITDEX

    The bearish sentiment of perpetual contracts dominated by retail investors is in sharp contrast to the optimistic signals released by institutions through monthly futures. On April 26, the premium (basis) of two-month Bitcoin futures rose to 6.5%, a seven-week high, in the neutral range of 5%-10%, indicating that institutions are positioning for potential gains. This divergence confirms the structural contradiction in the market – professional traders take the opportunity to buy on dips, while retail leveraged funds face short-term correction pressure.

    Currently, Bitcoin is facing a dual game of technical and capital aspects. XBIT (dex Exchange) analysts emphasized: “The key battle on the technical side: $96,000 has become the watershed between long and short positions. If it breaks through $96,000 (the average cost of short-term holders), it may trigger stop-loss buying and push the price to $100,000; on the contrary, if it falls below the $90,000 support, the $88,000-94,000 range may become a phased consolidation zone.” Investors choose XBIT (dex Exchange) to continue to increase their holdings of Bitcoin. Its smart contracts can be flexibly upgraded to support complex financial products such as leveraged trading and derivatives. In addition, the automated market maker (AMM) model reduces the possibility of artificial price manipulation. It realizes user asset sovereignty, transaction transparency and anti-censorship, which is especially suitable for groups that value privacy, technology trust and global participation.

    Twitter : @XBITDEX

    There are only about 40 days left before the Bitcoin block reward is halved. Historical patterns show that the market tends to accumulate funds 3-6 months before the halving. XBIT (dex Exchange) analysis points out that if Bitcoin stabilizes at $96,000, it may start a sprint to $100,000; but the short liquidation tide and derivative indicators warn of short-term volatility risks. With the differentiation of institutional funds and retail leverage strategies, the market is entering a critical turning point, and investors need to be wary of profit taking and the resonance effect of macro variables.

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

  • Open Dialogue ‘Future of the World. New Platform for Global Growth’ Launches at Russia National Centre

    Moscow, Russia – More than one hundred representatives from 48 countries have gathered in Moscow at the National Centre “Russia” for the Open Dialogue ‘Future of the World. New Platform for Global Growth’.

    This first-of-its-kind event aims to create a discussion platform for addressing the future of the global economy. The Open Dialogue will run from April 28 to 30.

    Maxim Oreshkin, Deputy Chief of Staff of the Presidential Administration of the Russian Federation, participated in the opening ceremony. He emphasised that this open international event is being held for the first time and noted the importance of forming a new global economy.

    “I want to welcome you today here in Moscow, at the National Centre “Russia”. Indeed, this is our first time holding such an open international event. Together, we will discuss new ideas, develop new projects, and then implement them for the benefit of our countries, humanity, and our people. Thank you very much. Welcome to Moscow,” said Maxim Oreshkin.

    As part of the Open Dialogue, 696 works were collected from 102 countries, written in 18 languages, including Pashto, Malagasy, Serbian, Greek, and others. Authors expressed the greatest interest in the topic “Investment in People” (41%), followed by “Investment in Connectivity” (24%), “Investment in Technology” (22%), and “Investment in Environment” (13%). Expert pitch sessions will be held on each of these topics.

    “We have launched a truly Open Dialogue, where we received about 700 essays from more than 100 countries worldwide. People from all corners of the globe, from all continents, expressed their ideas about what needs to be done and what interesting projects need to be implemented for the world to move forward,” added Maxim Oreshkin.

    Participants in the Open Dialogue represent 48 countries from all continents. More than 200 online interviews allowed organizers to select 101 authors invited to Moscow for in-person participation. Along with them, 24 world-class experts—scientists, economists, students, young professionals, journalists, and representatives of the business community—are participating in the dialogue.

    The format of the Open Dialogue is unique: in the context of the emerging new economic reality, participants are invited to present their hypotheses, ideas, and scientific developments on the principles of equality, mutual respect, and cooperation for the benefit of humanity. Over three days, participants will seek solutions to key contemporary challenges and form guidelines for the development of the future world.

     

    Social Links

    Telegram: https://t.me/gowithRussia

    VK: https://vk.com/gowithrussia

    OK.Ru: https://ok.ru/gowithrussia

    Dzen.Ru: https://dzen.ru/gowithrussia

     

    Media contact

    Organization: Russia National Centre

    Contact: Media team

    Email: pressa@russia.ru

    Website: https://russia.ru/

  • ARCFOX Unveils T1 and 2025 ARCFOX αS5 ULTRA at Auto Shanghai 2025, Featuring Deep Integration of DeepSeek Intelligent System

    Shanghai, April 27, 2025 – At the 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025), ARCFOX, a premium intelligent new energy vehicle (NEV) brand, unveiled a series of forward-looking models and cutting-edge technologies. In addition to the debut of the ARCFOX αS5 ULTRA, the brand also celebrated the world premiere of the all-new ARCFOX T1, a pure-electric A-segment SUV. ARCFOX further introduced its first-ever Robotaxi—the ARCFOX αT5—demonstrating its breakthroughs in intelligent driving and high-performance architecture, while reinforcing its accelerated global strategy.

    The newly launched 2025 ARCFOX αS5 ULTRA is built on a fully integrated 800V high-voltage platform and equipped with CATL’s 5C ultra-fast charging battery, enabling 30% to 80% charge in just 8.9 minutes. With a 0–100 km/h acceleration in just 3.7 seconds and high-performance four-piston aluminum calipers, the model ensures exceptional braking power. Produced at the BAIC Blue Park Magna factory under the same standards as the Mercedes-Benz G-Class, the αS5 ULTRA boasts a torsional rigidity of 51,897 Nm/deg and features 2000MPa-grade anti-collision beams—embodying the toughness and safety of a true “urban tank.”

    Making its global debut, the ARCFOX T1 captivated younger audiences with its dynamic appeal. As a stylish A-segment pure-electric SUV, the T1 is poised to redefine everyday mobility with its contemporary aesthetics, intelligent connectivity, and highly competitive pricing. This new addition injects youthful energy into ARCFOX’s product portfolio and aims to reshape the competitive dynamics within the entry-level NEV market.

    Also making its first public appearance was the ARCFOX αT5, the brand’s first Robotaxi developed in collaboration with Pony.ai. Equipped with a fully redundant L4-level autonomous driving system, the αT5 is capable of navigating complex urban scenarios with ease and safety. Its driving performance exceeds human capabilities by a factor of ten, setting a new benchmark for large-scale, automotive-grade L4 deployment.

    The ARCFOX αT6, ARCFOX αS6, ARCFOX αT5 ULTRA, and ARCFOX αS5 ULTRA on display at the exhibition are among the first to be equipped with the all-new DeepSeek intelligent system. With this, ARCFOX becomes the world’s first automotive brand to deeply integrate this system into an in-vehicle intelligent platform. Powered by ARCFOX’s proprietary AI Large Model, DeepSeek enables seamless coordination among multiple large AI models. It intelligently selects the optimal model for each user interaction, transforming the user experience from simple command recognition to active comprehension and generative response. The result is a highly personalized and intuitive smart cockpit.

    As innovation in intelligent technology accelerates, ARCFOX is also rapidly broadening its global footprint. By addressing the diverse mobility needs of users worldwide, ARCFOX is steadily advancing its internationalization strategy—leveraging cutting-edge technology and next-generation energy solutions to co-create the future of intelligent mobility with its global customers.

  • Global investors are enthusiastic about XBIT, and foreign cryptocurrency trading platforms have set off a new wave of digital asset trading

    In the historic policy shift of the Federal Reserve to lift the ban on crypto regulation, XBIT (dex Exchange) is becoming a core hub for global investors to deploy digital assets. According to the latest data, the platform’s daily trading volume exceeded US$8 billion, 40% higher than the traditional centralized exchange (CEX) leader Binance. Its innovative “AI dynamic circuit breaker leverage system” reduces the risk of user liquidation to the lowest level in the industry, triggering an accelerated entry of institutional funds.

    Twitter : @XBITDEX

    Regulatory relaxation leads to industry changes

    On April 25, local time, the Federal Reserve officially abolished the “Operation Choke Point 2.0” policy, allowing banks to restart crypto asset custody and stablecoin reserve management services. This decision directly promoted the compliance process of XBIT (dex Exchange), and its cold wallet reserve coverage rate reached 132%, far exceeding the industry average of 98%, becoming the first DEX platform to access Hong Kong virtual asset spot ETF pledge services. XBIT strategists pointed out that the policy relaxation has increased the liquidity of fiat currencies in the crypto market by 37%, and the application growth rate of stablecoin USDC in cross-border payments has reached 215%. The platform’s “zero-knowledge KYC” technology has reduced the risk of privacy leakage by 76%, which perfectly meets the requirements of the EU MiCA framework.

    Technological innovation reshapes the trading paradigm

    In the face of the high-risk defects of traditional cryptocurrency trading platforms, the “AI Fuse Leverage” mechanism launched by XBIT (dex Exchange) has become an industry benchmark. The system uses zero-knowledge proof (ZKP) and quantum-resistant encryption technology to analyze social media sentiment and on-chain transaction density in real time and dynamically adjust the leverage multiple. For example, when the ETH price fluctuates by more than 15%, the system automatically intercepts abnormal transactions and transfers part of the funds to the insurance pool, and the user’s liquidation rate drops sharply from the industry average of 45% to 28%. Its military-grade security architecture has achieved three major breakthroughs: the cost of cracking the quantum-resistant private key system is as high as 1078 operations, the capital flow is traceable on the entire chain, and the success rate of MEV attacks is reduced to 0.7%.

    Twitter : @XBITDEX

    Market structure is accelerating reconstruction

    In the frenzy of Bitcoin breaking through $120,000 and Meme coin daily trading volume repeatedly breaking 100 billion, XBIT (dex Exchange)’s “multi-chain compatibility + compliant operation” model has shown strong resilience. It has access to 70% of the Solana chain’s token issuance, building a complete closed loop from primary market IDO to secondary market transactions. Users can generate synthetic assets from Meme coins such as DOGE and SHIB through the “emoji pledge” mechanism, and the annualized return on participating in liquidity mining is 215%. Data shows that the proportion of institutional accounts on the platform has soared to 39%. Giants such as Goldman Sachs and Softbank have completed more than $1.5 billion in block transactions through their “zero-knowledge KYC” channel, and retail investors can deploy a basket of popular tokens through the “Meme Index Fund” with a threshold of $10.

    Industry Observation and Future Outlook

    XBIT’s head of research stressed that the dual drive of regulatory relaxation and technological innovation is pushing the crypto market into the “2.0 stage of compliance development”. With the approval of the US SEC for altcoin ETFs and the implementation of the EU MiCA framework, XBIT’s “embedded compliance” model has become an industry model. Its gold tokenization solution in cooperation with the Swiss National Bank has entered the testing phase and is expected to attract more than $5 billion in traditional funds after it goes online in 2026. Although the market still needs to deal with anti-money laundering and consumer protection challenges, XBIT is redefining the industry standards of foreign cryptocurrency trading platforms with its core concept of “safety, transparency, and inclusiveness”.

    Twitter : @XBITDEX

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.