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Prediction market Polymarket recorded approximately $7.1 million in trading fees in the first week of Q2, with annualized revenue potentially reaching $365 million, accounting for about 96.8% of on-chain prediction market trading fees. The growth stems from a pricing reform on March 30, with daily trading fees around $1 million and total value locked reaching $432 million. Intercontinental Exchange completed a $600 million investment on March 27, and distributed event-driven data. The platform replaced USDC.e with Polymarket USD on Polygon. Regulatory risks persist in some regions.

Glonghui April 7th｜Novo Nordisk has priced its newly launched high-dose weight loss injection Wegovy at $399 per month for self-paying patients. This price is about 40% lower than the highest three dose price of Zepbound charged by Eli Lilly for self-paying patients. Novo Nordisk stated that the high-dose Wegovy will be available starting Tuesday.

According to Odaily, crypto market analyst Wedson stated that Bitcoin's 720-day Tactical Bull-Bear Sentiment Index has fallen into the extreme bearish zone, indicating that long-term market fear may be nearing its end. Historically, such low indicator levels have often coincided with the so-called "final shakeout," after which Bitcoin enters a more robust rebound phase. For example, when this indicator was at a low point in 2022, Bitcoin dropped by more than 20%; in a similar situation in 2018, Bitcoin declined by about 50%. Wedson warned that Bitcoin could experience a sharp drop of around $15,000 over the next five months, meaning BTC might fall from its current price down to the $54,000 area. This suggests that the $50,000–$55,000 range is a key support for Bitcoin. Nevertheless, recent large-scale Bitcoin purchases by Strategy have absorbed some selling pressure, which may limit the downside and prevent the extreme bearish scenario from fully playing out. (Cointelegraph)