News

Golden Ten Data reported on April 16 that gold remained steady above $4,800/ounce, supported by optimism from US-Iran negotiations and a retreat in oil prices. Analysts at ING Group stated: "Although gold experienced a significant sell-off due to liquidity pressures, the losses have been partially recovered as growth concerns re-emerge and price volatility becomes less extreme. Rising real interest rates, a stronger US dollar, and profit-taking may put pressure on short-term performance, but the recent pullback indicates underlying demand remains robust."

BlockBeats News, April 16th: According to Arkham monitoring, trader @fibonacki entered the Solana ecosystem Meme coin unc with a market value of only $6,000, purchasing 37.45% of the total supply. Subsequently, they airdropped 33.85% of the supply to over 2000 on-chain addresses, including several well-known traders. The current value of this airdrop is approximately $6.4 million, with the largest tier of 1% share of the airdrop (sent to 22 traders) valued at nearly $200,000. According to GMGN monitoring, the Solana ecosystem Meme coin unc saw another surge at noon, briefly surpassing $21 million in market value.

The yield trend mirrors that of US Treasuries, but the decline is more pronounced. Bonds benefited from the easing of rate hike expectations amid the backdrop of high oil prices. Hauke Siemssen of Commerzbank stated in a report: “The bond market is becoming increasingly numb to news from the Middle East, while supply and the tone of the European Central Bank have become the focal points.” According to London Stock Exchange Group data, money markets expect the European Central Bank to keep rates unchanged at its April meeting. Tradeweb data shows the 10-year German government bond yield fell 2.6 basis points to 3.012%, while the 10-year Italian government bond yield dropped 3.6 basis points to 3.767%.