FET breaks $0.57, Michael Saylor emphasizes BTC has zero counterparty risk

Headlines

▌FET breaks through $0.57, with a 24-hour increase of 11.9%

The market shows that FET breaks through $0.57 and is now quoted at $0.568, with a 24-hour increase of 11.9%. The market fluctuates greatly, so please do a good job of risk control.

▌Michael Saylor emphasizes that Bitcoin has zero counterparty risk

Michael Saylor, founder of Strategy (formerly MicroStrategy), posted on the X platform that Bitcoin has no counterparty risk, does not rely on companies, countries, creditors, legal currencies, competitors or culture, and is not even afraid of chaos.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $85,253.96, with a daily increase or decrease of +0.9%;

ETH's latest transaction price is $1,616.56, with a daily increase or decrease of +1.8%;

BNB's latest transaction price is $593.15, with a daily increase or decrease of +0.2%；

SOL's latest transaction price is 141.42 US dollars, with a daily increase or decrease of +5.1%；

DOGE's latest transaction price is 0.1584 US dollars, with a daily increase or decrease of +0.4%；

XPR's latest transaction price is 2.09 US dollars, with a daily increase or decrease of +1.1%。

Policy

▌Burwick Law, an American law firm, filed a lawsuit against parties involved in the issuance of M3M3 tokens

Burwick Law, an American law firm, issued a statement saying that it had filed a lawsuit with Hoppin Grinsell on behalf of investors against the Meteora platform and Hayden Davis, Gideon Davis, CT Davis and Kelsier, accusing them of fraud, securities fraud and other illegal acts in the process of launching M3M3 tokens on the Meteora platform. Earlier news, on March 18, Burwick Law stated on the social platform that on behalf of its clients, it had filed a lawsuit against Kelsier, KIP, Meteora and related parties in the New York State Supreme Court, accusing them of improper behavior in the issuance of LIBRA tokens. The class action lawsuit accuses them of planning an unfair token issuance, misleading buyers, and damaging the interests of retail investors.

Blockchain Applications

▌Mantra launches its first real-time dashboard, showing OM token supply details, etc.

On April 19, according to official news, Mantra announced that it has launched the initial version of the first real-time dashboard (Dashboard). The dashboard is designed to provide a clear perspective and real-time data to show the supply of OM tokens, operating wallets, and other important on-chain asset holdings. Dashboard V1 includes: a detailed disassembly of the EVM chain and the mainnet OM; links to relevant wallets.

Cryptocurrency

▌Data: More than 60 new wallets holding more than 1,000 BTC have appeared since the beginning of March

According to on-chain analyst @ali_charts, more than 60 new wallets holding more than 1,000 BTC have appeared since the beginning of March, which is a strong signal of increased whale activity.

▌Ethereum's net supply increased by 17,507.38 in the past 7 days

According to Ultrasound.money data, Ethereum's net supply increased by 17,507.38 in the past 7 days, of which 18,186.56 ETH were added to the supply and 679.17 ETH were destroyed through the destruction mechanism. The supply growth rate is currently annual

▌Data: The number of new addresses on the XRP network has dropped from 5,200 to 2,900 in the past month

According to on-chain analyst @ali_charts, the number of new addresses on the XRP network has dropped from 5,200 to just 2,900 in the past month.

▌Data: The number of wallets holding more than 10,000 SOL increased by 1.53% in the past week

According to on-chain analyst @ali_charts, the number of wallets holding more than 10,000 SOL increased by 1.53% in the past week, from 4,943 to 5,019.

▌Uniswap front-end transaction fees reached US$147.79 million

According to DefiLlama data, as of April 19, Uniswap front-end transaction fees (revenue) reached US$147.79 million.

Important Economic Dynamics

▌Tariff policies exacerbate the plight of US agriculture, and the risk of bankruptcy of US agricultural producers has increased sharply

According to a recent report by the British "Guardian", the US government's chaotic tariff policy is harming the interests of US agricultural producers, and a large number of US agricultural producers may face financial bankruptcy in the future. According to data from the American Farm Bureau Federation, the number of US farm bankruptcies in 2024 will increase by 55% year-on-year, and the cash flow of many farms has been deteriorating in recent years. National Public Radio recently reported that due to high production costs and borrowing costs, the loan default rate of US agricultural producers has been high, and the tariff policy may cause US agricultural producers to permanently lose part of the international market, putting US agriculture in a difficult situation.

▌Next week's macro outlook: The Federal Reserve will release the Beige Book on economic conditions on Thursday

The following are the key points that the market will focus on in the new week: At 20:30 on Monday, 2025 FOMC voting member and Chicago Fed President Goolsbee was interviewed by CNBC; At 21:00 on Tuesday, Federal Reserve Vice Chairman Jefferson spoke at the Economic Liquidity Summit; At 22:00 on Tuesday, European Central Bank President Lagarde was interviewed by CNBC; At 21:30 on Tuesday, 2026 FOMC voting member and Philadelphia Fed President Harker spoke at the Economic Liquidity Summit; At 02:00 on Wednesday, 2026 FOMC voting member and Minneapolis Fed President Kashkari spoke; At 21:00 on Wednesday, 2025 FOMC voting member and Chicago Fed President Goolsbee delivered an opening speech at an event; At 21:30 on Wednesday, 2025 FOMC voting member, St. Louis Fed President Musallem and Fed Governor Waller delivered opening remarks at an event; At 02:00 on Thursday, the Federal Reserve released the Beige Book on economic conditions; At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending April 19; At 05:00 on Friday, 2026 FOMC voting member, Minneapolis Fed President Kashkari delivered a speech; At 22:00 on Friday, the final value of the University of Michigan Consumer Confidence Index in April and the final value of the expected one-year inflation rate in April were released.

Golden Encyclopedia

▌What is Compressed NFT?

Compressed NFT is a non-fungible token (NFT) designed to reduce the cost of storing and using NFTs for transactions on the Solana blockchain. Compressed NFTs offer several key advantages that stand out in the blockchain ecosystem. They are affordable, significantly reduce the cost of minting and storage, and enable creators and businesses to use blockchain technology without financial barriers. In addition, cNFT contributes to greener blockchain practices by reducing storage requirements and thus energy usage. These attributes make cNFT a potential game changer for scalable, environmentally friendly, and innovative applications.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish the correct investment philosophy and be sure to increase risk awareness.