April 29th Market Key Insights, How Much Did You Miss?
Featured News
2.U.S. Department of Justice Seeks to Sentence Celsius Founder Alex Mashinsky to 20 Years in Prison
3.Hyperliquid Announces New Fee System and Staking Tiers to Go Live on May 5th
5.U.S. Democratic Congressman Shri Thanedar Introduces Impeachment Articles Against Trump
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
XMR: With a significant price surge of about 50%, XMR has become the cryptocurrency with the largest price increase in discussions. The catalyst for this price spike was a major theft of 3,520 bitcoins (approximately $330.7 million). The stolen bitcoins were rapidly laundered and converted to Monero (XMR) through multiple exchanges, triggering strong demand for XMR and a price surge. This event has sparked widespread discussions on the use of privacy coins (such as Monero) in illicit activities, their impact on market liquidity, and regulatory scrutiny.
POLYMARKET: Polymarket has received significant attention today due to its role in predicting the outcome of the Canadian election. Users are actively discussing the platform's accuracy and reliability in predicting political events. Polymarket's prediction markets are highly praised for their high accuracy, with discussions focusing on the probabilities of various political outcomes, including the Canadian election and potential policy changes in the U.S. and other countries. The buzz around Polymarket discussions stems from its ability to provide real-time analysis and predictions, which are considered more reliable than traditional media.
OKB: Today, the discussion about OKB mainly focused on the launch of OKX Pay, a new encrypted payment system that integrates a self-custody wallet, zero-fee transactions, and an automatic reward mechanism. This product aims to simplify the encrypted payment process, enhance user experience, and make transfers as convenient as sending messages. Furthermore, the OKX Card issued in partnership with Mastercard, which connects encrypted transactions with daily consumption, has also attracted widespread attention. These initiatives are seen as key steps to promote the popularization of encrypted payments and establish OKX's leading position in the Web3 payment field.
COINBASE: Coinbase received high attention today due to the announcement of the launch of the Bitcoin Yield Fund, which offers institutional investors a 4-8% annualized return. This news was widely disseminated and positively evaluated. In addition, Coinbase's integration with TradingView has brought users more powerful trading features; the appointment of Joe Salama as Chief Compliance Officer and continued efforts in driving regulatory reform have also increased its exposure. Coinbase's series of strategic initiatives and partnerships (such as collaboration with Animoca Brands and Founders Factory to accelerate the development of the UK blockchain and AI ecosystem) further highlight its proactive layout in the cryptocurrency field.
CAKE: The main point of discussion around CAKE today was the launch of PancakeSwap Infinity (formerly PancakeSwap v4), which introduced various pool types, customizable fees, significant gas fee savings, and other new features. This upgrade is seen as a significant evolution in the DeFi field, providing traders and liquidity providers with more powerful tools. The release generated a lot of discussion and excitement on Twitter, making CAKE one of the most attention-grabbing coins in today's market.
Featured Articles
This cycle, the top-tier investment institution that "lived the best" in the encrypted field is undoubtedly AllianceDAO, at least in the eyes of retail investors, it is still the dark horse VC that "incubated a $1 billion revenue app." In the current encrypted market downturn, fund managers are competing to compare IRR and DPI on social media, some funds are "muzzled" and shifting to secondary market operations, while others have ceased operations and are no longer raising funds. At this point in time, Qiao Wang, founding partner of AllianceDAO, said: We want to increase investment and become more aggressive.
2.《AI Track Regains Momentum, Comprehensive Review of Potential Projects and Market Hype Logic》
In October 2024, since AI Meme—GOAT initiated the AI Agent concept, Crypto has accelerated its integration with AI. Concepts such as Game+AI, DeFAI, and AIAgent Hive have emerged one after another, with almost a batch of new concept projects appearing every week until January 18 this year when Trump announced the issuance of MemeCoin, directly draining market liquidity, and the CryptoAI bubble was burst prematurely. Then, 2 days later, DeepSeek announced the open-source R1 model, and after a few weeks of fermentation, the AI concept stocks in the U.S. stock market also saw their bubble burst.
On-chain Data
On-chain Fund Flow on April 29

You may also like

Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...

What Is an XRP Wallet? The Best Wallets to Store XRP (2026 Updated)
An XRP wallet lets you safely store, send, and receive XRP on the XRP Ledger. Learn what wallets support XRP and discover the best XRP wallets for beginners and long-term holders in 2026.

What are the Top AI Crypto Coins? Render vs. Akash: 5 Gems Solving the 2026 GPU Crisis
What are the best AI crypto coins for the 2026 cycle? Beyond the hype, we analyze top tokens like RNDR, AKT, and FET that provide real-world solutions to the global GPU shortage and the rise of autonomous agents.

What Is a Token in AI? What Is an AI Token + 3 Gems You Can't Miss in 2026
The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.

Consumer-grade Crypto Global Survey: Users, Revenue, and Track Distribution

Prediction Markets Under Bias

Stolen: $290 million, Three Parties Refusing to Acknowledge, Who Should Foot the Bill for the KelpDAO Incident Resolution?

ASTEROID Pumped 10,000x in Three Days, Is Meme Season Back on Ethereum?

ChainCatcher Hong Kong Themed Forum Highlights: Decoding the Growth Engine Under the Integration of Crypto Assets and Smart Economy

Why can this institution still grow by 150% when the scale of leading crypto VCs has shrunk significantly?

Anthropic's $1 trillion, compared to DeepSeek's $100 billion

Geopolitical Risk Persists, Is Bitcoin Becoming a Key Barometer?

Annualized 11.5%, Wall Street Buzzing: Is MicroStrategy's STRC Bitcoin's Savior or Destroyer?

An Obscure Open Source AI Tool Alerted on Kelp DAO's $292 million Bug 12 Days Ago

Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.
The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
· End-to-end encrypted private groups supporting up to 1024 members
· End-to-end encrypted voice communication
· One-click position sharing
· One-click trade copying
On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
· User full control over assets
· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

$600 million stolen in 20 days, ushering in the era of AI hackers in the crypto world

Vitalik's 2026 Hong Kong Web3 Summit Speech: Ethereum's Ultimate Vision as the "World Computer" and Future Roadmap

On the same day Aave introduced rsETH, why did Spark decide to exit?
Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...
What Is an XRP Wallet? The Best Wallets to Store XRP (2026 Updated)
An XRP wallet lets you safely store, send, and receive XRP on the XRP Ledger. Learn what wallets support XRP and discover the best XRP wallets for beginners and long-term holders in 2026.
What are the Top AI Crypto Coins? Render vs. Akash: 5 Gems Solving the 2026 GPU Crisis
What are the best AI crypto coins for the 2026 cycle? Beyond the hype, we analyze top tokens like RNDR, AKT, and FET that provide real-world solutions to the global GPU shortage and the rise of autonomous agents.
What Is a Token in AI? What Is an AI Token + 3 Gems You Can't Miss in 2026
The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.









