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Deep Tide TechFlow News: On April 24, according to CoinDesk, India is piloting the application of the digital rupee through about 10 welfare programs. It will distribute some approximately $80 billion in subsidies and food benefits via e-rupee to reduce fund leakage and corruption, and to provide clearer use cases for a central bank digital currency. Meanwhile, the Reserve Bank of India is working to propose a cross-member CBDC interconnection plan at the 2026 BRICS summit, aiming to improve the efficiency of cross-border trade settlement and reduce reliance on the US dollar. Currently, there
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Deep Tide TechFlow News, April 24 — Glassnode tweeted that the whales on Hyperliquid have been expecting the price to break through this range. Over the past two months, their confidence and long positions have continued to grow, indicating a strong bullish sentiment among large perpetual contract traders.
HYPE-0,42%
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Kelp: rsETH recovery progress, remaining gap approximately 89,500 ETH
KelpDAO announced that starting April 18, it will work with Aave and ecosystem partners to restore rsETH holders. The initial gap was 163,200 ETH, with 40,300 rsETH recovered, approximately 43,000 ETH; the Arbitrum Security Council further secured 30,700 ETH, leaving about 89,500 ETH remaining. Among the remaining gap, Mantle, Stani Kulechov, EtherFi, Lido, and Golem have committed a total of 43,500 ETH and are actively working on implementation. Kelp emphasized prioritizing rsETH holders.
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ETH-0,54%
AAVE2,02%
ARB2,34%
MNT2,11%
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Aave Chan, the founder, proposed establishing an ETH deposit vault to cover the worst-case shortfall.
Founder of the Aave Chan Initiative, Marc Zeller, proposed establishing a DeFi United ETH deposit vault, injecting Aave's wETH income, setting a 5% APR cap, and issuing tradable AaveETH deposit tokens to gradually repay interest and principal. Users deposit ETH, with the vault capacity limited by the worst-case scenario gap; he stated that they could raise more than the required funds as early as last Saturday, and mentioned that Aave has sufficient income, with the DAO and Labs holding a nine-figure treasury.
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AAVE2,02%
ETH-0,54%
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Deep Tide TechFlow News, April 24 — Pakistani officials: The status of the second round of negotiations remains uncertain; we are awaiting Iran's response. (Al Arabiya)
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Sun Yuchen alleges that the WLFI document contains four outrageous details
Sun Yuchen filed a lawsuit against executives of World Liberty Financial, accusing them of fraud and tax evasion, claiming the company is on the brink of bankruptcy, focusing on Chase Herro's past, tax liens, and private island remarks. The complaint states that he upgraded governance and secretly set blacklists to freeze tokens without holder approval, involving TRUMP coin purchases and unlicensed currency transfers. The company called the lawsuit a distraction, with the CEO promising to protect users, and Herro did not respond.
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WLFI0,61%
TRUMP0,31%
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The US spot Bitcoin ETF has absorbed 18,991 BTC over the past 5 trading days, nine times the new supply.
Deep Tide TechFlow News, April 24 — According to Bitwise data, the US spot Bitcoin ETF has absorbed a total of 18,991 BTC over the past 5 trading days, which is 9 times the new supply from mining during the same period (2,109 BTC).
BTC-0,09%
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BIT Weekly Report: Bitcoin technical signals resonate in multiple dimensions to turn bullish, with $73,000 becoming the key threshold for reversal confirmation
BIT on Target Weekly Report states that the Bitcoin bear market phase may be nearing its end, with the weekly RSI at a low since January 2023, historically corresponding to bottoms, and the trend model turning bullish. The current price is about $70,000, close to the 21-week moving average, with $73,000 as a key watershed; a break and stabilization above this level would confirm a reversal. Monthly capital inflows are about $1 billion, showing a significant improvement from deep net outflows, but there is still upward risk before entering the target zone.
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BTC-0,09%
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Chip stocks hit their best performance since 2000, SaaS stocks fall to their lowest point this year: Two worlds under the AI divide
On the same day, TI's performance exceeded expectations, and ServiceNow plummeted after hours, highlighting the structural divergence in the AI era: infrastructure chips benefiting, application SaaS under pressure. Capital is shifting from software to hardware, as AI replaces external subscriptions with internal tools, reducing both migration costs and stickiness. Chip stocks are a certainty bet; if giants continue high-level AI investments, the trend can sustain; if returns decline, the divergence may reverse.
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Trump confirms attendance at TRUMP Memecoin Holder Dinner, Democratic lawmakers criticize potential conflict of interest
The White House confirms that Trump will host an exclusive dinner and deliver a speech for TRUMP memecoin holders at Mar-a-Lago on April 25. The first 297 holders will have seats, and the first 29 will be able to meet with him privately. A joint letter from Democratic Senator Warren and others criticizes the use of access to the president to induce users to buy coins, and the president and his family profiting from it, citing conflicts of interest. This is the second edition of the event; the first one in 2025 also sparked controversy.
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TRUMP0,31%
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Deep Tide TechFlow News, April 24, according to CoinDesk, Morgan Stanley Investment Management (MSIM) officially launched the "Stablecoin Reserve Portfolio" (MSNXX), a government money market fund specifically designed for stablecoin issuers, investing only in highly liquid instruments such as U.S. Treasury bonds and government securities repurchase agreements, with a target net asset value maintained at $1 and providing daily liquidity. This move aims to offer stablecoin issuers a compliant, low-risk reserve asset custody solution.
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