Wu's Daily Selected Cryptocurrency News + This Week's Macroeconomic Indicators

1. Major Token Unlocks This Week

In the next 7 days, there will be large single unlocks (unlock amount greater than $5 million) including UDS, ZRO, H, XPL, MBG, HYPER, LMTS, INIT, KAITO, SOSO, MON; and linear large unlocks (daily unlock amount greater than $1 million) including RAIN, SOL, CC, TRUMP, WLD, etc., with total unlocked value of over $330 million.

2. Hong Kong Officials: Promoting the Tokenization of More Asset Classes

At an event held on April 20, Chen Haolímian, Deputy Director of the Hong Kong Financial Services and Treasury Bureau, said that they are now actively working with the Securities and Futures Commission to develop regulatory regimes for digital asset trading service providers and digital asset custody service providers, with the goal of submitting a draft bill to the Legislative Council in 2026. The Hong Kong government will standardize the issuance of tokenized bonds and promote the tokenization of more asset classes. At present, the Securities and Futures Commission is studying secondary-market trading rules with the industry, aiming to release policy details in the first half of 2026.

3. BitMine Adds 101,627 ETH, Total Holdings Reach 4,976,485 ETH

BitMine increased its holdings by 101,627 ETH, bringing total holdings to 4,976,485 ETH, approximately 4.12% of the total supply. Total assets are about $12.9 billion, including $1.12 billion in cash, 199 BTC, $200 million in Beast Industries equity, and $107 million in Eightco Holdings investments. Of these, about 3.33 million ETH have been staked, valued at about $7.7 billion, with an annualized yield of about $221 million.

4. Strategy Announces Purchase of 34,164 BTC for About $2.54 Billion

Strategy announced the purchase of 34,164 BTC for about $2.54 billion, at an average price of about $74,395. The BTC return from the beginning of 2026 to date is 9.5%. As of April 19, the company held a total of 815,061 BTC, with a total cost of about $61.56 billion and an average cost of about $75,527.

5. LayerZero: KelpDAO Suffered a $290 Million Attack, Suspected to Be the Work of North Korea’s Lazarus Group

LayerZero disclosed in a post that on April 18, 2026, KelpDAO suffered an attack with losses of about $290 million, initially attributed to North Korea’s DPRK Lazarus Group (TraderTraitor). The attack involved poisoning the downstream RPC used by the DVN and coordinating a DDoS attack to trigger failover, causing the DVN to confirm that no transactions were executed; no protocol or key vulnerabilities were exploited. The incident stemmed from KelpDAO using a 1/1 single DVN configuration, resulting in a single point of failure; the impact was limited to rsETH, with no spread to other assets or applications. The affected RPCs have been replaced, and LayerZero Labs’ DVN has resumed operation.

6. Wu’s Weekly Macro Indicators & Analysis: US-Iran Ceasefire Expires, Tesla Earnings

Summary

Last week, the U.S. March PPI came in below expectations, while Iran’s situation eased briefly before falling back into a stalemate. This week, attention remains on Iran: the two-week ceasefire agreement expires, and whether subsequent negotiations can successfully reach an agreement; at the same time, attention is also on Tesla’s earnings report, etc.

Last Week’s Review

Iran’s situation eased briefly before falling back into a stalemate: Although the Ministry of Foreign Affairs once attempted to open the Strait of Hormuz, it was quickly overturned by hardliners in the Revolutionary Guard and the blockade was restarted, exposing severe rifts within internal power. Meanwhile, because the U.S. refused to lift the maritime blockade, the originally reached temporary ceasefire agreement was on the verge of collapse. The U.S. maintained high-pressure military alert, and Trump said the U.S. and Iran could still reach an agreement.

The latest Federal Reserve Beige Book shows that economic activity across Federal Reserve districts is overall growing slightly to moderately: 8 districts expanded, 2 were basically flat, and 2 declined slightly. Uncertainty brought by the conflict in the Middle East constrains companies’ decisions on hiring, pricing, and capital expenditures. Employment is generally stable, with hiring mainly for supplementary roles, and companies are more inclined toward temporary or contract employment. AI has limited impact on overall employment, but in certain scenarios it boosts productivity and suppresses the need for additional hiring; wages continue to grow moderately. In terms of prices, overall prices continue to rise moderately.

In the week ending April 11, the number of initial jobless claims in the U.S. was 207,000, compared with 215,000 expected, and the prior value of 219,000 was revised to 218,000.

China’s March M2 money supply growth rate was 8.5% year-on-year, versus 8.9% expected, and the prior value was 9%.

The U.S. March Producer Price Index (PPI) had a year-over-year rate of 4%, below the market expectation of 4.6%, and the prior value was 3.40%.

Key Events & Indicators This Week

April 20

US Customs begins tariff refund processing

April 21

US-Iran two-week ceasefire agreement expires

April 23

Tesla releases earnings after the close of the U.S. stock market (05:30)

US initial jobless claims for the week ending April 18 is ( million ) (20:30)

April 24

US April University of Michigan Consumer Sentiment Index (final) (22:00)

US April one-year inflation expectation (final) (22:00)