CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil

Odaily Planet Daily News: According to official announcements, Binance will adjust the collateral ratio of assets such as DEN, ENJ, NOT, DASH, CHZ, AXS, ENS, SAND, THETA, QNT under the investment portfolio margin mode at 06:00 (UTC) on April 18, 2025. The adjustment will be completed within approximately 1 hour. (This news is generated with AI assistance)

Odaily Planet Daily News: Renowned trader Eugene said on Telegram channel, "When Bitcoin hit $83500 at night, I established a small amount of ETH, SOL, and XRP short positions. Unless the Federal Reserve intervenes explicitly or China's tariff issues are properly eased, I don't think the market will have too much sustainability

According to BlockBeats, on April 12th, according to Lookonchain monitoring, a whale address sold 3.7 million US dollars worth of Fartcoin (worth 3.32 million US dollars) at an average price of 0.9 US dollars four hours ago.

According to Cryptoslate, the Financial Policy Committee (FPC) of the Bank of England stated in its April 2025 record that while the size and relevance of stablecoins continue to grow, inadequate regulation and inadequate asset support may pose new risks to financial stability in the UK, especially during times of stress. The committee reiterates that the Bank of England and the Financial Conduct Authority (FCA) are actively developing regulatory frameworks for both systemic and non systemic stablecoins to ensure that these tokens can reliably meet redemption requests and maintain parity even under volatile market conditions.

OKX-ETH/USDT is currently trading at $155.22, with a 24-hour increase of 0.98%. Please be aware of market fluctuations.