According to Odaily Planet Daily, the ETH/BTC exchange rate has risen to a 10-week high, with Ethereum recently outperforming Bitcoin. The ratio has broken through the downtrend line resistance level since August 2025 and risen above the 50-day and 100-day exponential moving averages. XWIN Research points out that the employee statement released by the U.S. Securities and Exchange Commission on April 13th explained that DeFi front-ends and wallet interfaces do not need to register as broker-dealers if they meet conditions such as non-custodial and neutral fee structures, which has driven Ethereum's strength. On-chain data shows an upward trend in active addresses, and the Coinbase premium gap is also improving, indicating that institutional demand in the U.S. is recovering. Enterprise-level accumulation is accelerating; Bitmine has added 279,000 ETH in the past 30 days and currently holds 4.87 million ETH, accounting for more than 4% of the circulating supply. In the futures market, global ETH open interest reached $16.37 billion, with funding rates still negative, indicating that short sellers dominate. However, open interest on Binance increased by 10.47% to $6.04 billion, and funding rates turned positive, creating an extreme imbalance between global short sellers and Binance long sellers.

According to GMGN data, SOL Meme coin (unc) surged over 210% intraday, pushing its market capitalization above $20 million, currently trading at $21.02 million. Odaily reminds users that Meme coin prices are highly volatile; investors are advised to participate with caution.

Odaily Planet Daily reports that Story, an AI-native infrastructure and programmable IP blockchain, announced the launch of its Confidential Data Rails (CDR) testnet. This is a universal secure data transmission architecture designed to enable the secure flow and compliant use of sensitive data in AI and general scenarios, ensuring data remains encrypted and does not leave its domain. CDR supports end-to-end encryption, preset access permissions, and provides secure sharing capabilities for API keys and integrated credentials. Furthermore, as the infrastructure provider for the Seoul Exchange for the next two years, Story will provide ongoing technical and ecosystem support to the Korean RWA market.

Odaily Planet Daily reports that Ripple has announced a partnership with Kyobo Life Insurance, a major South Korean insurance company, to explore tokenized settlement of government bonds on the Ripple Custody platform. The goal is to reduce the T+2 settlement cycle for South Korean government bonds to near real-time. Both parties stated that they will focus on evaluating the technical and regulatory feasibility of tokenized government bond settlement. Specific transaction volumes, launch dates, and bond types involved have not yet been disclosed, and the process remains in the pilot exploration phase. In addition, Kyobo Life will also explore stablecoin-based payment solutions, but the specific currency and launch timeline have not been specified. (CoinDesk)

Odaily Planet Daily reports that US President Donald Trump and Federal Reserve Chairman Jerome Powell are about to clash over whether Powell has the right to remain in office if Trump fails to confirm his chosen successor, Kevin Warsh, in time. Warsh is scheduled to testify before the Senate Banking Committee next Tuesday, but he may struggle to secure congressional approval before Powell's term expires on May 15. Trump stated on Wednesday that he would fire Powell if he doesn't leave "on time," and the likelihood of a direct confrontation between Trump and Powell increases if Warsh is not confirmed soon. This controversy comes as Trump has repeatedly attacked Powell for not yielding to his demands for interest rate cuts, calling the Fed chairman an "idiot" and a "stubborn mule" for refusing to lower borrowing costs. Analysts say that with Trump's latest attack increasing the likelihood of Powell remaining on the board, Trump's strategy could undermine Warsh's efforts to reshape the central bank. (Financial Times)