πΊπΈπ USA - Chicago Fed National Activity Index (March) = -0.2 (-0.11 expected β prior +0.11) #macro
πΊπΈπ½ Tether freezes $344 million in $USDT following requests by US law enforcement. #regulation
π³ 46 days of fear. Fear & Greed sitting at 32.
The crowd has been afraid for almost two months, with exchange reserves at 7-year lows and whales at decade-high accumulation.
Our Alpha Crypto Sentiment Gauge shows a different picture than the public Fear & Greed index, distinguishing retail panic from smart-money positioning.
Historically, sustained fear combined with silent whale absorption is one of the most underrated setups on the calendar.
The crowd has been afraid for almost two months, with exchange reserves at 7-year lows and whales at decade-high accumulation.
Our Alpha Crypto Sentiment Gauge shows a different picture than the public Fear & Greed index, distinguishing retail panic from smart-money positioning.
Historically, sustained fear combined with silent whale absorption is one of the most underrated setups on the calendar.
π Lido Responds to Kelp rsETH Hack: EarnETH Paused, DAO Activates $3M First-Loss Protection
Lido Finance provided an update on Lido Earn vaults following the Kelp incident, noting that the Lido staking protocol, stETH, and wstETH remain unaffected.
Key updates include:
- Only the EarnETH vault has exposure to rsETH (~9% of its TVL), and its deposits and withdrawals are currently paused.
- If a loss occurs, a $3 million "first-loss protection mechanism" funded by the Lido DAO treasury will be applied by burning the DAOβs vault shares. #hack
Lido Finance provided an update on Lido Earn vaults following the Kelp incident, noting that the Lido staking protocol, stETH, and wstETH remain unaffected.
Key updates include:
- Only the EarnETH vault has exposure to rsETH (~9% of its TVL), and its deposits and withdrawals are currently paused.
- If a loss occurs, a $3 million "first-loss protection mechanism" funded by the Lido DAO treasury will be applied by burning the DAOβs vault shares. #hack
π #BTC Iranian media Fars News: Reports claiming that Iran is collecting fees for passage through the Strait of Hormuz in cryptocurrency are inaccurate.
π JPMorgan Says DeFi Exploits and Stagnant TVL Continue to Limit Institutional Appeal - The Block
π΅οΈ H100 agreed to acquire Moonshot and Never Say Die in a share deal that could raise its Bitcoin holdings to ~3,500 #BTC, with support from Adam Back.
πΊπΈπ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: +4,349 $BTC (+$338.83M)
7D NetFlow: +15,357 $BTC (+$1.2B)
Ethereum ETFs:
1D NetFlow: +35,736 $ETH (+$83.26M)
7D NetFlow: +144,456 $ETH (+$336.58M)
Solana ETFs:
1D NetFlow: +1,311 $SOL (+$113K)
7D NetFlow: +373,090 $SOL (+$32.09M)
Bitcoin ETFs:
1D NetFlow: +4,349 $BTC (+$338.83M)
7D NetFlow: +15,357 $BTC (+$1.2B)
Ethereum ETFs:
1D NetFlow: +35,736 $ETH (+$83.26M)
7D NetFlow: +144,456 $ETH (+$336.58M)
Solana ETFs:
1D NetFlow: +1,311 $SOL (+$113K)
7D NetFlow: +373,090 $SOL (+$32.09M)
π 9 straight days of $ETH ETF inflows.
$43.3M on April 21 alone. ETHA and FETH leading the bid. The streak is quietly building while attention sits on #BTC.
Our Ethereum Smart Money Flow Index β ETH-exclusive β has been tracking positive divergence vs price for weeks.
When institutional flow and on-chain SMFI agree, the setup usually gets respected.
$43.3M on April 21 alone. ETHA and FETH leading the bid. The streak is quietly building while attention sits on #BTC.
Our Ethereum Smart Money Flow Index β ETH-exclusive β has been tracking positive divergence vs price for weeks.
When institutional flow and on-chain SMFI agree, the setup usually gets respected.
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π£ CNN says the stock market has been "up like a rocket" during Donald Trump's presidency.