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Source: The DeFi Report
Compiled and edited by: BitpushNews
We are now in the 5.5th month of the latest "Crypto Winter".
The tide has receded. The animal spirits (speculative frenzy) have dissipated. The tourists have all left.
Naturally, now is the time to roll up our sleeves and get to work. Because a bear market is when the difference between wheat and chaff (quality and quality) is truly revealed.
This is a time for clear judgment and the formation of beliefs.
In this report, we will delve into a set of data charts to assess the health of the crypto ecosystem and what we believe is shaping...

Five and a Half Months of Bear Market: A Check-up Report for the Crypto Market

Original author: ChandlerZ, Foresight News
During the Qingming Festival holiday, A-shares and Hong Kong stocks are closed, but Bitcoin's trading never stops.
Starting April 6th, BTC rose from a low of $67,400 in the early Asian session, reaching a high of over $70,300 during the session, a new high since March 26th, representing a gain of over 4% from the daily low. Ethereum rose from around $2,050 to $2,170 during the same period, a gain of approximately 6%, and remained above $2,140 at the close of the US stock market, a 24-hour increase of nearly 4%.
Co...

Bitcoin returns to $70,000; is the market betting the worst is over?

In the early hours of April 6th, Block tweeted on X: "The bitcoin faucet is back." The link leads to btc.day. Jack Dorsey subsequently retweeted it.

"Faucet" is a very old term in the crypto industry, and also a very old way of doing things: getting free tokens into your wallet. This culture dates back to 2010, when Bitcoin was less than two years old, one coin was worth a few cents, almost nobody knew it existed, and nobody knew it would later become...