PA Daily | Binance temporarily suspends withdrawal services due to AWS interruption; more than half of 91 central banks around the world oppose BTC strategic reserves
Reprinted from panewslab
04/15/2025·7DToday's news tips:
Terra: The time to file a loss claim with Terraform liquidation trust funds ends until May 17
Solana has implemented SIMD-0207, with block restrictions increased by 4%
Coinbase Prime to terminate custody support for 49 assets by the end of this month
A giant whale extracted 1,500 BTC from OKX in the past 20 hours, worth US$128 million
Regulatory/Macro
According to Ledger Insights, a recent survey of central bank reserves by the Bank of International Settlements showed that in 2024, 15.9% of central bank respondents said they would consider investing in digital assets or currencies within five to ten years. But in the 2025 survey, the proportion of central banks considering investing in cryptocurrencies was only 2.1% within the same time frame. Of the 91 central banks that manage more than $7 trillion in reserves, none currently holds digital asset investments. While no central bank currently considers Bitcoin as a suitable investment category, 23% say they are uncertain and 11.6% say cryptocurrencies are becoming a more credible investment. Regarding the idea of building a strategic reserve of Bitcoin, only one central bank expressed support, while 50 (59.5%) central banks opposed the idea. However, a considerable number of central banks (33, accounting for 39.3%) said they were uncertain. The investigation was conducted in January and February, ahead of Trump's executive order in March on building strategic Bitcoin reserves and U.S. digital asset reserves. However, he briefly mentioned the idea in an executive order for digital assets earlier in January. Although the survey predates the latest round of U.S. tariffs, survey respondents listed U.S. protectionist policies as their biggest risk.
According to Phoenix.com, State Street Global Asset Management Hong Kong Co., Ltd. announced that it will launch the encryption and traditional investment application "State Street Galaxy" with Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings. It is reported that State Street Hong Kong also stated that it will introduce Galaxy's AI-driven asset allocation model to optimize digital asset allocation in traditional asset portfolios, with the goal of increasing the scale of digital asset-related management to US$5 billion by 2026.
Kyrgyzstan appoints Zhao Changpeng as national blockchain policy and web3 strategy consultant
According to Cointelegraph, the National Investment Agency, a subsidiary of the President of the Republic of Kyrgyzstan, signed a strategic memorandum of understanding (MoU) with Binance founder Zhao Changpeng (CZ), appointing him as the official advisor to the development of blockchain, cryptocurrency regulation and Web3 innovation in Kyrgyzstan. Under the agreement, CZ will provide guidance to the Kyrgyz government on building a forward-looking digital asset framework, including technical support and policy development for blockchain infrastructure. The cooperation also focuses on accelerating talent training and creating a favorable environment for the innovation of decentralized finance (DeFi) and Web3 technologies.
Viewpoint
According to Matrixport analysis, despite the slowdown in growth, stablecoin funds are still flowing steadily, reflecting the continued development of the crypto ecosystem. Although it failed to trigger a significant market for altcoins, it shows that the industry is still moving forward. It is worth noting that stablecoin inflows are still growing as stocks and bonds face uncertainty, suggesting that crypto assets are evolving into a more non-correlated asset class. As the debate over tariffs and trade wars continues, the potential application scenarios of encryption are becoming more and more attractive, making the market prospects a little optimistic.
Crypto analyst Eugene said his market judgments in the past month have not worked as the crypto market price drivers shifted from industry-specific to macroeconomics. He once thought he had a keen insight into market trends, but he felt he was deviating recently. Since March, his trading volume has dropped by 60-70% on average from previous average, basically break-even. Eugene plans to continue to maintain low volume and tight stop loss until the market trend is in his favor again. He stressed that the macro trend of the crypto market has not changed and is still in a bear market. He tends to look for non-BTC altcoins short opportunities when the bear market rebounds, because these currencies have not yet reached the deep value range.
CryptoQuant analyst Crazzyblockk pointed out that despite the correction in Bitcoin’s price, the market risks remain high. Currently, only 24% of the circulation supply is in an unrealized state of loss, indicating that the market has not yet entered the stage of re-accumulation of high confidence. Long-term holders absorb downward pressure, which usually indicates long-term consolidation or further fluctuations. It is recommended to keep waiting and wait for the market structure and investor behavior to confirm the direction before making decisions.
Project News
Binance announced that all services are gradually being restored and re-launched, and the withdrawal function has been reopened. Previous news, Binance suspended cash withdrawal service due to AWS interruption.
Obol Collective may launch token OBOL on May 15
The distributed validator technology project Obol Collective may launch its token $OBOL on May 15, 2025. Previous news, Obol Collective will airdrop 7.5% OBOL tokens to Ethereum node operators.
Ethereum Foundation member joshrudolf.eth said that only a few key technologies are needed to solve 95% of Ethereum's cross-chain user experience problems, among which cross-chain messaging is one of the core. ERC-7786 proposes to integrate messaging standards through a unified API, aiming to provide a secure cross-chain messaging interface for decentralized applications. Currently, discussions on ERC-7786 will be held on April 16.
Terra: The time to file a loss claim with Terraform liquidation trust funds ends until May 17
Terra officially issued a reminder on the X platform that the deadline for submitting cryptocurrency loss claims to Terraform Labs Pte. Ltd.'s liquidation trust fund is 23:59 ET time on May 16, 2025 (11:59 Beijing time on May 17, 2025). Creditors must submit their eligible cryptocurrency loss claims by this date. Submissions overdue will not be accepted.
Solana has implemented SIMD-0207, with block restrictions increased by 4%
According to SolanaFloor, with the implementation of SIMD-0207, Solana engineers increased the block size of the chain by 4%. This change allows more data to be packaged into the Solana block, and in theory more transactions can be packaged into a single block, thereby increasing the transaction throughput of the network. Originally proposed by Anza engineer Andrew Fitzgerald, SIMD-0207 has been successfully implemented on-chain, increasing Solana's block limit to 50 million CUs, an increase of 4%. Increasing block limits to the network is just a small step on Solana's expansion roadmap. Future network governance proposals and upgrades will target continuous and gradual improvements to help Solana grow. For example, SIMD-0256 intends to further increase the block limit to 60 million CUs, a 25% increase from the level before SIMD-0207 implementation.
EigenLayer will be launched on the main network on April 17
According to official news, Ethereum re-staking agreement EigenLayer announced that the Slashing mechanism will be launched on the main network on April 17. The active verification service (AVS) will be able to build verifiable and trustless applications; at the same time, operators and stakeholders need to bear responsibilities. Fines are a way for PoS protocols to economically punish a node or group of nodes for executing strategies that can prove different from a given protocol specification.
Coinbase Prime to terminate custody support for 49 assets by the end of this month
Coinbase Institutional issued an announcement stating that Coinbase Prime will terminate custody support for 49 assets by the end of this month. The platform regularly evaluates the assets it supports to ensure they continue to comply with the platform standards. These 49 assets include: VideoCoin (VID), Coffee Token (CFT), BOSAGORA (BOA), FISCO Coin (FSCC), Sentinel protocol (UPP), Cellframe (CELL), Ideaology (IDEA), Dorayaki (DORA), CPUCoin (CPU), SIREN (SI), Somnium Space Cubes (CUBE), UREEQA Token (URQA), Oraichain Token (ORAI), UniLend Finance (UFT), Carry (CRE), 0chain (ZCN), Nord Finance (NORD), MahaDAO (MAHA), YOP (YOP), Unipilot (PILOT), QASH (QASH), SparkPoint (SRK), Telcoin (TEL), MixMarvel (MIX), OnX Finance (ONX), EMBLEM (EMB), Newscrypto (NWC), Compound DAI (CDAI), NFTrade Token (NFTD), pNetwork (PNT), E-RADIX (EXRD), EDDASwap (EDDA), IndexedFinance (NDX), RioDeFi (RFUEL) GMO Internet (GYEN), 1717 Bissonnet (1717), The Edison (edsn), Draper Garland Apartments (gfdg), Forest Crossing Apartments (gffc), Hello Albemarle (hlab), Hello Flatbush (hlfb), Hello Lenox (hllx), Hello Nostrand (hlno) Lakehouse Oakland (lhok), Nottingham Village (ntvl), Core Fund (rscp), Value Fund (rsva), The Verge at Summer Park Apartments (tvsp), Tower 27 (twr27).
Important data
According to The Defiant, Bitcoin has performed well in all time periods, surpassing the S&P 500 every year in the past 14 years. During this period, Bitcoin achieved a return of about 7.2 million%, far exceeding the 116% return of gold and the 306% return of the S&P 500. In a shorter time period, Bitcoin’s return of 173% in the past two years further consolidates its dominance over traditional investment assets such as gold and the S&P 500.
A giant whale extracted 1,500 BTC from OKX in the past 20 hours, worth US$128 million
According to Lookonchain monitoring, a giant whale extracted 1,500 BTC (worth $128 million) from OKX in the past 20 hours.
A certain address deposited 710,000 AVAX into Coinbase, with an estimated loss of US$12.19 million
According to The Data Nerd monitoring, the wallet 0xc9f deposited 710,000 AVAX (about 14.49 million US dollars) into Coinbase in the early morning of this day. The address received the tokens three months ago, when it was worth $26.68 million.
A giant whale that once participated in IC0 sold 612 ETH again and still holds 29,577 ETH
According to monitoring by on-link analyst @ai_9684xtpa, after two days, the "OG giant whale with 100,000 ETH in 2015" sold 612 ETH ($1 million), with a cost as low as $0.31. He still holds 29,577 ETH (US$47.98 million). According to the frequency of selling ~ 630 pieces every two days, the remaining part will take nearly three months to sell.
According to Cointelegraph, according to the "Enterprise Bitcoin Adoption in the First Quarter of 2025" released by Bitwise, in the first quarter of 2025, listed companies purchased a total of 95,431 bitcoins, an increase of 16.11% month-on-month, bringing the total Bitcoin holdings of listed companies to 688,000, accounting for 3.28% of the total supply of 21 million bitcoins. The number of listed companies holding Bitcoin reached 79, an increase of 17.91% month-on-month, and 12 new companies purchased Bitcoin in the quarter.
