BlockBeats News, April 30th, BitMEX co-founder Arthur Hayes expressed a bullish view on the cryptocurrency market at the Token2049 conference in Dubai.

“It's time to be bullish on everything,” he said in his keynote speech, referring to both cryptocurrency and the stock market. To support this view, Hayes put forward his often-mentioned argument that the U.S. will need to effectively print more money in a similar form of quantitative easing, which he believes could ultimately drive up cryptocurrency prices.

Hayes mainly compared the current market state to the third quarter of 2022. He noted that the market conditions at that time were concerning, such as central bank interest rate hikes. In the cryptocurrency sector, it was also just before the FTX collapse. However, he said that the U.S. intervened through its buyback plan and injected $2.5 trillion into the economy.

After Trump pushed for high tariffs on U.S. trading partners, the market was generally worried about the economic situation. The initial statements led to a market crash, but after a 90-day tariff suspension, the market eased. Hayes also stated that Federal Reserve Chairman Powell is not a fan of Trump and is unlikely to intervene to fix the market. However, he argued that even if the banking system does not directly provide funds for the repair, relative value hedge funds will provide funding through U.S. Treasury buybacks. He said these hedge funds might buy more bonds, increasing liquidity.

Hayes believes that by 2028, the price of Bitcoin could rise to $1 million.

BlockBeats News, April 30th, according to Solscan data, the fundraising amount of the Meme coin MIKAMI's receiving address disclosed by Yua Mikami has reached 13,819.39 SOL, approximately 2,038,222.04 US dollars. It has been nearly 4 hours since the open payment.

BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and speculative mania, with no real value or use case. Investors should be aware of the risks.

BlockBeats News, April 30th: The U.S. core PCE price index YoY for March will be announced tonight at 22:00, with an expected value of 2.60% and a previous value of 2.80%.

PCE corresponds to "Personal Consumption Expenditures"; the core PCE price index is a key indicator of measuring consumer inflation in the United States. It was first introduced by the U.S. Bureau of Economic Analysis and was adopted by the Federal Open Market Committee (FOMC) of the Federal Reserve as a primary indicator of inflation measurement in 2002.

In January 2012, the Federal Reserve set a 2% year-on-year increase in the core PCE as the long-term inflation target, thereby declaring that the Federal Reserve also had a clear inflation target. If the core PCE YoY increase exceeds 2%, the Federal Reserve will tighten its monetary policy, which is beneficial for the U.S. dollar.

Furthermore, the U.S. April ADP Employment Change (in thousands) will be released tonight at 20:15, with an expected value of 11.5 and a previous value of 15.5.

BlockBeats News, April 30, according to Bloomberg's Senior ETF Analyst Eric Balchunas, Bloomberg Intelligence estimates that by 2025: the probability of approval for LTC and SOL spot ETFs is 90%; the probability of approval for an XRP spot ETF is 85%; the probability of approval for DOGE and HBAR spot ETFs is 80%; the probability of approval for ADA, DOT, and AVAX spot ETFs is 75%.

BlockBeats News, April 30, according to market data, ALPACA briefly broke through $0.91, once again hitting a new high in the upward trend since the "delisting from Binance" announcement (with a cumulative increase of about 3000%), currently priced at $0.75, a 24-hour increase of 214%.

According to Coinglass data, the total 24-hour contract trading volume of ALPACA across all platforms has reached $4.45 billion, with the current contract open interest at $167 million. In the past 4 hours, there have been $26.87 million worth of liquidations across all platforms, making it the highest liquidation amount for a coin pair in the past 4 hours. Among them, long positions liquidated $0.786 million, while short positions liquidated $26.09 million. It is worth noting that this liquidation amount significantly exceeds the sum of liquidations for BTC, ETH, and SOL during the same period ($9.88 million + $4.06 million + $1.23 million = $15.17 million), accounting for the vast majority of the total liquidations across all platforms in the past 4 hours ($58.27 million).

It is worth noting that the ALPACA spot trading delisting from Binance (scheduled for 11:00 AM on May 2) has been less than 24 hours.

BlockBeats News, April 30th, according to official sources, Binance founder CZ will make a live appearance at the Dubai Binance Clubhouse today at 15:30 local time (19:30 Beijing time), engaging in a fireside chat with Coin Bureau co-founder Guy Turner. The topic of the conversation is yet to be confirmed. The event will be live-streamed.

BlockBeats News, April 30th, according to Solscan data, the donation address for the Meme coin MIKAMI, promoted by Japanese AV idol Yua Mikami, has surpassed 10,000 SOL. At the time of writing, it has received 10,968.74 SOL, approximately equivalent to 1,619,425 US dollars, within the past 50 minutes since the donation address was made public.

BlockBeats Note: Meme coins are highly volatile and often rely on market sentiment and hype, lacking actual value or use case. Investors should be cautious of the risks involved.