The three major A-share indices continued to fall, with more than 860 stocks hitting the daily limit
market data shows that the three major A-share indexes continue to fall, with the ChiNext Index falling by 10%, the Shenzhen Component Index falling by 8.3%, the Shanghai Composite Index falling by 6.6%, and more than 860 individual stocks in the entire market hitting the limit down.
A whale address's $23 million loan position faces liquidation
according to OnchainLens monitoring, a whale is facing liquidation, providing 292.77 WBTC (approximately $23.05 million) and 964.39 COMP (approximately $38,000) to borrow USDT and DAI, with a liquidation price of $76,284.
Guide to Setting Up Grok 3 for Automated Crypto Trading with AI
Grok 3 utilizes real-time data patterns to adapt predictions based on market trends, enhancing accuracy by merging technical analysis with sentiment data. Prior to live trading, backtesting strategies is essential for refining conditions and performance. While Grok 3 can automate trades, human oversight is crucial for adjusting to unexpected market conditions. The complexity of crypto trading, including volatile price swings and the challenge of keeping up, has sparked increased interest in automation tools like Grok 3. Traders are experimenting with Grok 3, an AI model from xAI founded by Elon Musk, for its ability to analyze data, identify patterns, and make data-driven decisions in trading. Some traders have experienced positive results with Grok 3, while others find it unpredictable, particularly in volatile markets. This article explores the automation of crypto trades using Grok 3, offering insights into successful strategies, unforeseen risks, and actionable tips for enhancing results. Grok 3, an AI model from xAI founded by Elon Musk, is being trialed by traders as a potential tool for improving crypto trading strategies due to its capacity to handle complex data and uncover overlooked patterns. Traders are turning to Grok 3 for its capability to analyze various data sources, identify market sentiment trends, detect hidden patterns, and enable flexible analysis based on natural language prompts. Grok 3 is not a typical crypto trading bot but assists traders in developing smarter, faster, and more flexible automation systems by generating operational code for bots, formulating trade logic, and analyzing market sentiment. Traders are utilizing Grok 3 to create end-to-end bots tailored to specific strategies, such as automated systems for monitoring price action and triggering trades under strict conditions, drafting portfolio rebalancing scripts, and simulating positions under varying volatility conditions. Grok 3's response to a prompt for a high-frequency trading bot framework for Solana (SOL) outlines key components like global settings, wallet configuration, trading pair, timeframe, and trade execution.
FTX creditors must submit KYC verification before new deadline of June 1, 2025
Cointelegraph wrote that FTX creditors must now submit their KYC verification by the new deadline of June 1, 2025, otherwise their claims may be rejected.
Crypto Experts Discuss the Future of Pi Coin
Here is a summary of expert opinions on Pi Coin: Price Volatility and Market Performance - Pi Coin has recently experienced significant price fluctuations, dropping from an all-time high of $2.98 in February 2025 to around $0.56. Factors contributing to this decline include early miners cashing out and concerns about the coin's utility. Community Sentiment and Calls for Transparency - The Pi Network community is frustrated with communication issues and decreasing mining rates, calling for clearer updates from the Pi Core Team. Regulatory Challenges and Exchange Listings - Despite a large user base, Pi Coin has struggled to secure listings on major exchanges like Binance due to compliance and transparency issues, impacting liquidity and market confidence. Future Outlook and Expert Predictions - Some experts are optimistic about Pi Coin's long-term potential if it can overcome current challenges and establish real-world use cases. However, tangible developments and improved transparency from the project's leadership are necessary for success.
Bithumb suspends Map Protocol (MAPO) deposit and withdrawal services
according to the official announcement, Bithumb will update the Map Protocol (MAPO) network (mainnet) node server due to an upgrade. Bithumb will temporarily suspend Map Protocol (MAPO) deposit and withdrawal services at 17:00 on April 8, 2025, Beijing time.
An address transferred 11,104 ETH after 8 years of silence
according to Onchain Lens monitoring, an address that had been dormant for 8 years transferred 11,104 ETH, worth 19.97 million US dollars. Among them, 247.93 ETH was transferred to Coinbase, and 10,856 ETH was transferred to a new wallet. The address originally extracted ETH worth 2.51 million US dollars from Kraken and Gemini 8 years ago, currently yielding a profit of 17.45 million US dollars.
Aave generates over $1 billion in interest on the Ethereum network
according to Token Terminal, the total interest paid by market borrowers on the Aave platform (Ethereum network) has exceeded $1 billion. Aave founder stani.eth commented, "DeFi will prevail."
A whale unstaked 202,604 SOL 2 hours ago and deposited it in Binance to reduce losses
according to Lookonchain monitoring, a whale unstaked 202,604 $SOL tokens (worth $24.3 million) 2 hours ago and deposited them into Binance to reduce losses. This whale had withdrawn 201,755 SOL tokens (worth $25 million) from Binance on March 13 at a price of $124, now facing a loss of $678,000.
1,928 BTC transferred from unknown wallet to Kraken, worth over $159 million
according to on-chain data tracking service Whale Alert, around 8:21 PM Beijing time, 1,928 BTC (worth $159,832,873) was transferred from an unknown wallet to Kraken.
WisdomTree Expands Its Institutional Tokenized Fund Platform to Arbitrum, Avalanche, Base, and Optimism
WisdomTree is expanding its institutional investment platform WisdomTree Connect from Ethereum to Arbitrum, Avalanche, Base, and Optimism. The platform currently offers 13 tokenized funds covering various investment strategies such as money markets, stock indices, and fixed income. All funds are registered with the U.S. Securities and Exchange Commission (SEC).
Federal Reserve Vice Chairman Jefferson: The policy interest rate is somewhat restrictive now, and there is no need to rush to adjust the policy interest rate
Federal Reserve Vice Chairman Jefferson said that it is crucial to assess the comprehensive impact of Trump's policy changes. The policy rate is now somewhat restrictive; there is no need to rush to adjust the policy rate, the current policy rate is prepared to deal with risks and uncertainties. Commodity inflation is rising, partly due to trade policies; the decline in housing service prices may help offset inflation.
Trump's tariffs hit US stocks hard, Nasdaq plunged more than 1,000 points
the U.S. stock market fell sharply in early trading on Thursday, with the Dow Jones Industrial Average plummeting more than 1500 points and the Nasdaq falling more than 1000 points. U.S. President Trump announced additional "equal tariffs" of 10% to 49% on almost all countries, which could trigger a global trade war and severely damage the already weak U.S. economy. The number of initial jobless claims in the U.S. unexpectedly dropped last week. Trump's tariffs and the OPEC+ production increase plan have caused oil prices to plummet. The Dow fell by 1543.14 points, or 3.65%, to 40682.18 points; the Nasdaq dropped 1004.16 points, or 5.71%, to 16596.89 points; and the S&P 500 index fell by 246.47 points, or 4.35%, to 5424.50 points.
Global stocks pay for Trump's tariff plan, with U.S. stocks performing worst since September 2022
global stock markets fell sharply on Thursday as US President Trump's comprehensive tariff plan kicked off a trade war with broad implications for the global economy. Public fears of rising prices, slowing economic growth, and even the possibility of a recession caused US stock indexes to plummet, marking their worst single-day performance since at least September 2022. Clothing and retail companies led the decline, with Williams-Sonoma, Ralph Lauren, and Deckers Outdoor all falling by over 17%. Tech and tech retail stocks such as HP, Best Buy, and Garmin also fell by at least 15%. The Magnificent 7 stocks that have led the market higher in the past two years also saw widespread declines, with Apple and Amazon both falling by over 8%. Over 400 stocks in the S&P 500 index declined.
U.S. short-term interest rate futures pricing shows the Fed is expected to cut interest rates four times this year
the pricing of US short-term interest rate futures shows that the Fed is expected to cut interest rates four times this year, starting from June.
Fitch: US economic growth in 2025 may be lower than the 1.7% forecast in March
Fitch Ratings stated that, given that tariffs are higher than expected, U.S. economic growth in 2025 may be lower than the 1.7% forecasted in March. The upward pressure on commodity prices caused by tariffs means that the Federal Reserve may become more cautious about further interest rate cuts in the near future; as U.S. tariffs increase, some sovereign countries with high levels of export value-added may face downward rating pressure.
A whale bought 6488.5 ETH at $1772
according to Lookonchain monitoring, a whale spent 11.5 million USDC to buy 6488.5 ETH at a price of 1772 USD during the previous market downturn.
Hyperlane has opened the airdrop query link
according to official tweets, Hyperlane has opened the airdrop query link.
Grayscale transfers more than 16,000 ETH to Coinbase hot wallet address
according to Arkham monitoring data, Grayscale transferred 16,247 ETH worth $28.63 million from its Coinbase Prime Deposit address to Coinbase hot wallet address.
Ethereum Developers to Work on Pectra Upgrade on May 7