🔥 Japan Classifies Digital Assets as Financial Instruments, Bans Insider Trading
Japan has approved an amendment to its Financial Instruments and Exchange Act (FIEA), officially classifying digital assets as financial instruments. This amendment also includes a prohibition against insider trading, aiming to enhance regulatory oversight and market integrity in the crypto space.
⚡ Bitcoin Long-Term Holder Supply Increases Significantly
Bitcoin's long-term holder supply has seen a notable increase, rising from 5.26 million BTC in January to 8.32 million BTC by April 16. This metric, which tracks BTC held for over 155 days, suggests a growing trend of accumulation among long-term investors.
📉 Rhea Finance Exploit Results in $18.4 Million Loss
Rhea Finance, a lending protocol within the NEAR ecosystem, reported a security breach resulting in a loss of approximately $18.4 million. This figure is significantly higher than the initial estimate of $7.6 million, highlighting the persistent security challenges in the DeFi sector.
📈 Mainstream Asset Performance (24h)
BTC: -2.1% — Bitcoin briefly fell below $76,000 amidst market fluctuations.
ETH: -3.3% — Ethereum experienced a downward trend, trading below $2,400.
BNB: -1.5% — BNB saw a slight decrease, dropping below $640.
SOL: -3.5% — Solana recorded a notable decline in its price.
🚀 Today's Top Gainers
HIGH: +241.0% — Significant increase in trading volume and continuous capital inflow.
REQ: +62.1% — Substantial rise in trading volume, indicating strong investor interest.
ALICE: +57.2% — Experienced a significant surge in trading volume and capital inflow.
🎁 Platform Activities & Announcements
🔥 $SOON Trading Competition
⚡ $GENIUS Foundation Trading Competition
Join the Trading Competition to test your trading skills and earn prizes.