ETH falls below the $1550 mark

Odaily Planet Daily News: According to official announcements, Binance will delist spot trading pairs such as ACT/BRL, ALPHA/BTC, BLUR/BTC, CELR/BTC, PENGU/BNB, POND/BTC, RUNE/BNB, etc. on April 11, 2025 at 03:00 UTC. Meanwhile, Binance will terminate the spot trading robot service for the aforementioned trading pairs. Users can still trade related currencies on other available trading pairs. (This news is generated with AI assistance)

HashKey Exchange and the Institute of Finance at the Hong Kong University of Science and Technology have officially signed a Memorandum of Understanding (MOU) to jointly promote deep cooperation in the fields of blockchain, fintech, and artificial intelligence (AI). This cooperation will integrate HashKey Exchange's practical experience in the digital asset industry with the academic advantages of the University of Science and Technology's Financial Research Institute. Through joint research, forum cooperation, and academic exchanges, both parties will promote financial technology innovation and industry application landing, and jointly explore the forefront trends of digital finance.

BlockBeats News: On April 9th, according to Bitcoin Laws, the Florida Bitcoin Reserve Act HB 487 is scheduled to hold a public hearing in the Insurance and Banking Subcommittee on Thursday, April 10th. This will be the first public hearing on the Bitcoin Reserve Act in Florida since the bill was introduced two months ago.

According to CoinDesk, with the coming of the "Basis Trade" unwinding tide in the US bond market, the yield of the US 10-year treasury bond bond soared to 4.5%, and the 30-year treasury bond was close to 5%. The market liquidity tension intensified, resulting in significant pressure on risky assets. Analyst firm Hyblock warns that if BTC falls to the range of $73800-74400, it will trigger a large-scale consolidation of long leveraged positions, exacerbating downward volatility. Hyblock also pointed out that the support below is around $70000, and if it falls below, it may trigger more stop losses and liquidation.

HashKey OTC, an over-the-counter trading platform under HashKey Group, announced today that it has completed a brand upgrade and officially changed its name to "HashKey OTC Global". This renaming marks a new stage of development for HashKey's over-the-counter trading business and an important milestone in the company's globalization strategy. The opportunity for this brand upgrade is HashKey OTC's recent successful acquisition of license approval in the Middle East and comprehensive integration of its Japanese business. As a leading compliant over-the-counter trading platform in Asia, HashKey OTC Global has built a strong compliance advantage with licensed business hubs in Singapore, Hong Kong, Japan, and the Middle East, and is actively exploring the possibility of expanding its business to regions such as Europe. The platform currently adheres to 24/7 service, focusing on providing large and efficient trading services for institutions and high net worth clients. In addition, HashKey OTC Global also provides clients with secure and reliable fiat currency services, as well as digital currency custody services in specific jurisdictions. In terms of its main business, HashKey OTC Global has a comprehensive and compliant multi fiat currency deposit and withdrawal channel, and has established stable cooperative relationships with top global banks and local large financial institutions. It can provide customers with services including same name account transfers, mainstream foreign exchange settlement for digital currency transactions, and more. HashKey OTC Global's business scope covers spot trading, including Request for Quotation (RFQ) and Trade Execution services; Structured products, such as robust and gain oriented investment products. The company has also launched the Polaris one-stop OTC trading platform to assist users in completing various operations such as online account opening, trading, and account management, and to experience smooth and convenient trading services. (PANews)