MarsBitNews

Mars Finance News: VanEck analysts Matthew Sigel and Patrick Bush wrote an analysis stating that Bitcoin has shown two historically bullish signals—negative funding rates and a decline in hash rate concentration—while volatility has cooled. As tensions between the US and Iran eased, Bitcoin’s realized volatility dropped from 56% to 41%, and the 7-day average funding rate turned negative to -1.8%, reaching the lowest level since 2023. Historically, negative funding rates often presage strong future returns: since 2020, the 30-day average return of Bitcoin during periods of negative funding rates has been +11.5%, versus an overall return of +4.5%, with a hit rate as high as 77%. Funding rates below -5% have produced +19.4% returns over a 30-day cycle. Additionally, the computing

Mars Finance News: April 26—According to incomplete statistics, as of the time of publication, this week (April 20 to April 26), 18 A-share listed companies, including Hengyu Xintong, Zhongfu Technology, Fenglong Co., Ltd., Rejing Biological, BGI, China Resources Double Crane, Uleide, Wuxi Zhenhua, Northern Longcheng, Huaxing Yuanchuang, Weifeng Electronics, Hanlan Environment, Jack Technology, Liugang Co., Ltd., Nichiei Technology, Haitai Technology, Annuity, and Weide Information, have disclosed the latest announcements on merger and reorganization progress. Among them, Hengyu Xintong announced that it is planning to acquire 100% of the equity interests in Shendao Technology, and its stock will be suspended from trading starting tomorrow. (Wide-angle observation)

Mars Finance news: The Vietnamese government plans to launch a five-year crypto asset pilot program in the second quarter of 2026, shifting crypto trading that was previously mainly offshore and largely unregulated into a regulated market within Vietnam. Currently, Vietnamese traders’ annual crypto-asset trading volume is $2200–2300 billion, with more than $600 million traded per day. The new pilot will only allow locally registered institutions that meet strict capital and compliance requirements to participate, and the trading assets must be supported by real-world assets and settled in Vietnamese dong.

Hangzhou store claims that from November 2025, sales of smart glasses have significantly increased, with growth accelerating after the recent launch of new products, doubling compared to the entire month of March in the first two weeks of April. Industry insiders say that the implementation of AI large models, new products from leading manufacturers, and national subsidy policies are jointly promoting rapid sales growth. Data shows that in January-February 2026, domestic shipments reached 424k units, a year-on-year increase of 36.2%, with online retail sales up 183.5% year-on-year.

Mars Finance news: El Salvador added 8 Bitcoins over the past 7 days and increased its holdings by 31 Bitcoins over the past 30 days. Its current Bitcoin holdings total 7,633.37 Bitcoins, with a total value of $624 million.

Horizon releases China's first cabin-driving integrated intelligent chip "Starry Sky", the vehicle intelligent agent operating system KaKaClaw, and the advanced driver-assistance system HSD V1.6, building a comprehensive vehicle intelligence system from chip to operating system to application layer.
The chip adopts 5nm automotive-grade process technology, 650 TOPS, and unified memory and underlying architecture to enable collaboration between cockpit and advanced driver-assistance large models, promoting the evolution of in-vehicle computing from distributed to centralized computing.
KaKaClaw centers on intelligent agents, supporting cross-domain task scheduling and natural language interaction, enhancing the vehicle's overall intelligent collaboration capabilities.

J.P. Morgan Securities Services ETF Global Head Ciarán Fitzpatrick stated that tokenization will drive market changes, impacting not only ETFs but also the entire fund industry. It helps improve subscription and redemption convenience, achieve almost instant settlement, and enable uninterrupted access. The experiment of ETF tokenization is still ongoing, and it is expected that practical use cases will not emerge for several more years.

Mars Finance News, April 26 — Livermore Securities shows that Shenzhen Ledong Robotics Co., Ltd. has updated its hearing materials, indicating that the company's IPO application at the Hong Kong Stock Exchange has passed the hearing, with joint sponsors Haitong International and Guotai Junan International. (Kegu Bao Report)

The US-Iran negotiations have stalled, and oil prices have risen back above $105, which has somewhat desensitized A-shares' geopolitical fears. The AI computing power sector has fluctuating performance but remains in a high prosperity range, and the market is shifting from "theme concepts" to "performance realization." In a scarce prosperity environment, funds are focusing on high-growth sectors, with particular attention to AI computing power, energy security sectors (coal, coal chemical industry, oil and gas), midstream manufacturing, and new energy sectors.

CMB Securities Strategy believes that since April, the easing of geopolitical risks has driven a rebound in risk appetite in A-shares, with market turnover surpassing 2 trillion yuan. The valuation logic has shifted from risk aversion to performance verification. The market shows extreme crowding and valuation divergence, with funds flowing back from consumption to resources and technology premiums. The first quarter reports focus on three booming sectors: PPI turning positive and AI explosion triggering reassessment of resources and computing power; outbound benefits strengthening high-tech manufacturing resilience; and policy support leading to recovery in the real estate chain. It is recommended to prioritize differentiation in crowded sectors, focusing on hard technology and genuine resources, and seize structural opportunities driven by both profitability and economic growth, with key attention to electronics (semiconductors), electricity, electrical equipment, defense and military industries, non-ferrous metals, and basic chemicals.

Mars Finance News, according to on-chain analyst Ai Yi's monitoring, the top address by HYPE position size on Hyperliquid has an unrealized profit of $3.42 million from a long position, after once being unrealized a loss of $23.18 million.
This address started large-scale long positions on HYPE at the end of October last year, currently holding 1.38 million tokens (worth $56.82 million), with an opening price of $38.675.
In January this year, when HYPE dropped to around $20, this address repeatedly added margin deposits to avoid liquidation.
Due to the long holding period and large scale, its single-coin funding fee reached $2.11M.

The General Office of the Central Committee and other departments issued opinions to strengthen the service and management of new employment groups, proposing that internet platforms should enhance algorithm governance, improve transparency, and ensure that new employment groups have the right to be informed, participate, and choose regarding rules. Optimize rules for distribution, pricing, and duration estimation, solicit opinions from trade unions and representatives of new employment groups, regularly review algorithm mechanisms and application results, strictly implement filing systems, promote the use of AI and Internet of Things technologies to optimize algorithms, and carry out safety assessments and supervision.

Mars Finance News, according to Coinglass data, Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently at 0.0336%. The Coinbase Bitcoin Premium Index is used to measure the difference between Bitcoin prices on Coinbase (a major US trading platform) and the average global market price. A negative premium typically indicates greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.

Mars Finance News: Nasdaq-listed company Tron Inc. (TRON) announced that today it purchased an additional 154,494 TRX tokens at an average price of $0.3236, further increasing the total TRX treasury holdings to over 693.3 million tokens. Tron Inc. plans to further expand the TRX treasury to enhance long-term shareholder value.

Zhongfu Technology announced that its wholly-owned subsidiary Dingfu Pharmaceutical plans to sign a framework agreement to acquire and hold a controlling stake in the national-level specialized and innovative "Little Giant" Junke Zhengyuan and its CRO assets at a valuation of 1 billion yuan. After completion, it will be included in consolidated financial statements, and an intention deposit of no more than 30 million yuan must be paid. The minimum non-recurring net profit commitments for 2026-2028 are 66 million, 77 million, and 88 million yuan. The transaction does not constitute an associated transaction or major asset restructuring, and the final plan still requires audit evaluation and approval, with uncertainties involved.