Bitcoin’s Outperformance Amid Regulatory Shifts (2026-04-29)

Planet Daily

  1. Vitalik: Donated 64 ETH to the Animal Welfare Foundation again; even shrimp welfare matters.

  2. OKX will list perpetual contracts for SHLD, RKLB, MRVL, and WDC stocks.

  3. The latest draft of the CLARITY Act still prohibits earning returns solely based on holding stablecoins.

  4. A whale deposited 5,820 ETH into OKX and Bybit after a one-month gap, worth $13.3 million.

  5. Arthur Hayes: The U.S.-China AI arms race combined with war-driven inflation makes BTC’s return to $126,000 inevitable.

  6. A whale transferred 489 BTC to Binance, expecting losses of approximately $4.45 million.

  7. The $125 million BTC and ETH short position under pension-usdt.eth has incurred unrealized losses exceeding $15.73 million.

  8. The ETH/BTC exchange rate fell to a 10-month low, with Ethereum continuing to underperform Bitcoin.

  9. Wintermute: This BTC rally is clearly leveraged-driven—open interest surged while spot trading volume remained weak.

  10. Wells Fargo increased its holdings in ETH ETFs in Q1 and significantly added to Strategy stock positions.

OKX Boost Updates Trading Volume Rules: Trading Mainstream Coins on DEXes Counts Toward Campaign Points

OKX has updated the Boost trading volume calculation rules. When users trade mainstream coins on OKX DEX, the trading volume can now be included in the Boost trading volume and participate in related Boost activities.

At the same time, token transactions on the X Layer chain will also enjoy an additional 20% Boost trading volume bonus for a limited time. The official said that this rule update aims to further expand the coverage of Boost trading volume and enhance users’ participation experience in the DEX and X Layer ecosystems.

[Foresight News]

Data: Pension-usdt.eth’s short positions in BTC and ETH have a floating loss of over $15.00 million

According to Arkham, the Ethereum address pension-usdt.eth has established short positions totaling approximately $125 million in BTC and ETH, with over $90 million shorted near $67,000 for BTC and approximately $45 million shorted near $2,100 for ETH. The position is currently experiencing unrealized losses of about $15.73 million.

The liquidation price for BTC on this address is approximately $101,000, and the liquidation price for ETH is approximately $3,300.

[ChainCatcher]

Bybit: RWA tokenization will drive the development of India’s trillion-dollar fintech industry

Bybit’s Global Head of Public Policy, Mykolas Majauskas, recently attended the 2026 World Fintech Summit, where he discussed the trillion-dollar opportunities brought by RWA with Indian industry representatives, and how blockchain infrastructure can provide impetus for expanding investment opportunity channels.

Majauskas delivered a speech entitled “Vision 2030: Building India’s Trillion-Dollar Fintech Economy with Karnataka as a Pioneer.” He said that RWA tokenization makes financial products more inclusive by dividing ownership, which can help expand India’s retail investor base, while bridging the capital access gap and promoting a more inclusive financial ecosystem. He pointed out that tokenization can transform traditional illiquid assets such as real estate, infrastructure and private equity assets into digital, tradable financial instruments, releasing their liquidity potential. He stressed that India has strong potential to lead the next phase of the tokenized capital market, thanks to its digital public infrastructure, rising retail participation and rapid expansion of the digital economy.

Majauskas said that India is becoming one of the most dynamic fintech markets in the world. Tokenization has the potential to expand access to capital markets and create a more inclusive financial ecosystem. Meaningful collaboration between policymakers, industry stakeholders and technology leaders is critical to driving responsible innovation and creating long-term value for the broader economy.

[Foresight News]

Bitdeer’s mining output in April was 783 BTC, a 372% year-on-year increase.

Bitdeer Releases Production and Operation Report for April 2026: Self-Mining Hashrate Reaches 65.5 EH/s, a Year-on-Year Increase of 400%; Monthly Output of 783 BTC, a Year-on-Year Increase of 372%.

The new generation SEALMINER A4 miners have entered mass production, with energy efficiency as low as 9.45 J/TH. The Norwegian Tydal hosting lease agreement has entered the advanced negotiation stage.

AI Cloud business annualized revenue (ARR) reached $69.00M, a month-on-month increase of 60%, with a utilization rate of 92%.

[Odaily]

A newly created wallet withdrew 331 BTC from Binance, worth $26.70 million.

According to Onchain Lens monitoring, a newly created wallet withdrew 331 BTC from Binance, worth $26.70 million.

[Odaily]

Binance: Blockchain-based financial infrastructure is reshaping the global landscape of inclusive finance.

World Bank data shows that approximately 1.30 billion adults worldwide still lack access to banking services, and another 4.70 billion adults are “underbanked,” lacking access to credit, digital payments, and interest-bearing deposit channels.

The report points out that in countries with low traditional financial penetration rates, the usage rate of crypto assets and stablecoins is significantly higher. The cost of cross-border transfers of stablecoins via high-performance networks can be as much as 99% lower than SWIFT, with faster settlement, which helps reduce remittance fees.

Binance data shows that the proportion of users from emerging markets on the platform has increased from 49% in 2020 to 77% in 2026. Their savings, cross-border payments, and capital market participation behaviors are more active, reflecting the supplementary role of on-chain infrastructure in deposits, payments, yields, and capital market access.

Michael Saylor: The CLARITY Act will unleash the next wave of digital capital in the U.S. and globally

Michael Saylor posted on X, stating that last night’s CLARITY Act hearing will unleash the next wave of digital capital, digital credit, and digital equities in the U.S. and globally, providing institutional validation for BTC.

The bill will establish a framework for the STRC-driven digital yield market and promote broader adoption of MSTR.

[Foresight News]

Michael Saylor: The CLARITY Act will unleash the next wave of digital capital in the US and globally.

Michael Saylor posted on X, stating that last night’s review of the CLARITY Act will unleash the next wave of digital capital, digital credit, and digital assets in the U.S. and globally.

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The bill will provide institutional validation for BTC, establish a framework for the STRC-driven digital yield market, and promote broader adoption of MSTR.

[Odaily]

OKX Boost Updates Trading Volume Rules: Trading Major Coins on DEXs Counts Toward Campaign Points

OKX has updated the Boost trading volume calculation rules. Trading volumes generated by users trading major cryptocurrencies on OKX DEX are now eligible for inclusion in Boost trading volume and participation in related Boost campaigns. Additionally, token trading on the X Layer blockchain will enjoy an extra 20% Boost trading volume bonus for a limited time.

This rule update aims to further expand the coverage of Boost trading volume and enhance users’ participation experience within the DEX and X Layer ecosystems.

[Odaily]

Bitget April Transparency Report: Stock Perpetual Contracts Market Share Ranked Second Globally

Bitget has released its April 2026 Transparency Report, highlighting its latest progress in core business areas including tokenized stocks, AI-powered trading infrastructure, and IPO Prime.

Data shows that Bitget’s average daily trading volume remained stable above $10 billion throughout April; according to DefiLlama, its net inflow for the month reached $359.37 million—ranking second among centralized exchanges. Additionally, Bitget ranked second globally in Q1 market share for stock perpetual contracts.

On the product ecosystem front, adoption of AI trading tools—including GetAgent, GetClaw, Agent Hub, and Gracy AI—continues to rise, empowering users with intelligent trading experiences via the UEX ecosystem. On the innovation front, Bitget launched its U.S. equity IPO subscription service, IPO Prime, extending UEX’s product scope into the primary market. According to rwa.xyz data, its inaugural project ranked third globally in tokenized private equity and VC assets.

[Odaily]

U.S. stock pre-market: Crypto-related stocks broadly declined, MARA fell by 4.11%.

According to msx.com data, crypto concept stocks fell across the board in pre-market trading in the US stock market. CRCL fell by 0.17%, COIN fell by 2.22%, MSTR fell by 2.58%, SBET fell by 2.32%, and HOOD fell by 2.03%.

It is reported that msx.com is a decentralized RWA trading platform that has launched hundreds of RWA tokens, covering US stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

[Odaily]

A whale transferred 489 BTC to Binance, expecting a loss of approximately $4.45 million.

According to Lookonchain, a whale transferred 489 BTC to Binance one hour ago, valued at approximately $39.59 million.

Data shows that the address purchased the aforementioned BTC at an average price of approximately $90,144 four months ago; if sold at the current price, it is estimated to incur a loss of approximately $4.45 million.

[Odaily]

RichSilo Visions:

Today’s Market Pulse

Bitcoin continues to outperform Ethereum as institutional flows, regulatory clarity, and whale activity shape market dynamics, with the ETH/BTC ratio hitting 10-month lows amid divergent narratives.

Key Themes

BTC Dominance & Divergent Performance: Bitcoin’s relative strength against Ethereum persists, with the ETH/BTC exchange rate at a 10-month low. This divergence reflects differing narratives: Arthur Hayes predicts BTC’s inevitable return to $126,000 driven by geopolitical factors, while Wintermute attributes the current rally to leveraged trading rather than organic demand. Despite this, institutional players like Wells Fargo increased ETH ETF holdings, signaling nuanced institutional positioning.

Regulatory Tailwinds & Frameworks: Michael Saylor views the CLARITY Act as transformative for digital capital markets, providing institutional validation for BTC and establishing frameworks for digital yield markets. However, the draft still prohibits earning returns solely from holding stablecoins, creating regulatory boundaries for yield-generating strategies. This regulatory development could reshape institutional adoption pathways.

Exchange Evolution & Market Structure: Exchanges are expanding into traditional finance integration, with OKX listing perpetual contracts for traditional stocks (SHLD, RKLB, MRVL, WDC) and updating Boost rules to include DEX trading volume. Bitget’s ranking second globally in stock perpetual contracts market share reflects this convergence, while Bitdeer’s 372% YoY mining output increase highlights the maturing Bitcoin infrastructure.

Tokenization & RWA Expansion: The tokenization narrative gains traction, with Bybit highlighting India’s trillion-dollar fintech opportunity through RWA, and Binance emphasizing blockchain’s role in global financial inclusion. msx.com’s launch of RWA tokens for US stocks and ETFs demonstrates the growing sophistication in real-world asset tokenization, potentially unlocking new liquidity pools.

RichSilo Verdict

Sophisticated investors should monitor the implementation details of the CLARITY Act, particularly how it addresses yield-generation restrictions, as this could trigger institutional flows. The ETH/BTC divergence requires attention—whether it’s a temporary correction or structural shift in market preference. On-chain whale activity, including the recent $26.7M BTC withdrawal and massive ETH deposits, suggests significant liquidity movements that could precede volatility. The RWA tokenization trend, particularly in emerging markets like India, presents long-term infrastructure opportunities that may decouple from broader crypto market sentiment.

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