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ORCA proposal passed: 25 million tokens will be destroyed and a $10 million buyback plan will be launched The new proposal of the ORCA community has been passed, including the destruction of 25 million tokens, the launch of a total of $10 million in open market buybacks, and the use of 20% of the protocol fees for the continued buyback of tokens. (MMS NEWS)

The total open interest of BTC futures across all exchanges has reached $56.875 billion, with a 24-hour increase of 3.22%.

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Bitget launches VIP regular airdrop plan, the first project is PROMPT Bitget officially launched the "VIP Airdrop Ceremony", which is open to VIP3 and above users. Users only need to complete the registration, without additional tasks, to unlock the regular new coin airdrop. The first airdrop project is PROMPT, with a total prize pool of 150,000 coins, and the event time is from 20:00 on April 11 to 20:00 on April 18 (UTC+8). Before the end of the event, registered users must maintain VIP3 and above to unlock the current airdrop rewards.

The crypto market took another brutal hit today, as President Donald Trump announced a fresh round of tariffs on Chinese imports, raising duties and tariffs, now totaling 145%, including previous measures. Notably, China is being excluded from a 90-day global tariff pause, adding fuel to an already tense trade standoff. Markets reacted sharply. In just the past hour, Bitcoin dropped 3%, Ethereum plunged 7%, Solana slipped 6%, and XRP fell 4%. Overall, the crypto market cap fell by 4%, erasing yesterday’s temporary recovery. Traders see the U.S.-China tariff escalation as a threat to global economic stability. The aggressive stance on China — while temporarily easing tensions with other nations — has increased investor uncertainty, pushing capital out of high-risk assets like cryptocurrencies. Risk-off sentiment is clearly back, and crypto is once again caught in the crossfire of macro geopolitics. --> Trade Cryptos now with Bitget , open an account using our link to get 100% transaction fee rebates in BGB on your first transaction <-- In a surprising turn, China and the European Union announced plans to begin negotiations aimed at removing EU tariffs on Chinese electric vehicles (EVs). The move signals a potential shift toward diplomacy, at least between China and key global partners outside the U.S. While it’s too early to say whether this could influence U.S.-China relations, any sign of a broader trade de-escalation might quickly revive risk appetite — and with it, crypto prices . If the U.S. and China move toward re-opening trade negotiations, analysts believe crypto markets could see an immediate reversal. Risk assets have been reacting almost instantly to macro headlines, and a resolution — or even progress toward one — could drive: However, the longer uncertainty lingers, the more likely crypto stays under pressure. The crypto market took another brutal hit today, as President Donald Trump announced a fresh round of tariffs on Chinese imports, raising duties and tariffs, now totaling 145%, including previous measures. Notably, China is being excluded from a 90-day global tariff pause, adding fuel to an already tense trade standoff. Markets reacted sharply. In just the past hour, Bitcoin dropped 3%, Ethereum plunged 7%, Solana slipped 6%, and XRP fell 4%. Overall, the crypto market cap fell by 4%, erasing yesterday’s temporary recovery. Traders see the U.S.-China tariff escalation as a threat to global economic stability. The aggressive stance on China — while temporarily easing tensions with other nations — has increased investor uncertainty, pushing capital out of high-risk assets like cryptocurrencies. Risk-off sentiment is clearly back, and crypto is once again caught in the crossfire of macro geopolitics. --> Trade Cryptos now with Bitget , open an account using our link to get 100% transaction fee rebates in BGB on your first transaction <-- In a surprising turn, China and the European Union announced plans to begin negotiations aimed at removing EU tariffs on Chinese electric vehicles (EVs). The move signals a potential shift toward diplomacy, at least between China and key global partners outside the U.S. While it’s too early to say whether this could influence U.S.-China relations, any sign of a broader trade de-escalation might quickly revive risk appetite — and with it, crypto prices . If the U.S. and China move toward re-opening trade negotiations, analysts believe crypto markets could see an immediate reversal. Risk assets have been reacting almost instantly to macro headlines, and a resolution — or even progress toward one — could drive: However, the longer uncertainty lingers, the more likely crypto stays under pressure.