Bitcoin hot news on April 18

1. If Bitcoin breaks through $87,000, the cumulative short order liquidation strength of mainstream CEX will reach 474 million

According to Coinglass data, if Bitcoin breaks through $87,000, the cumulative short order liquidation strength of mainstream CEX will reach 474 million. Conversely, if Bitcoin falls below $83,000, the cumulative long order liquidation strength of mainstream CEX will reach 324 million.

2. The open positions of Bitcoin contracts across the network reached $54.4 billion

According to Coinglass data, the open positions of Bitcoin futures contracts across the network are 641,290 BTC (about $54.4 billion). Among them, the open positions of CME Bitcoin contracts are 142,300 BTC (about $12.05 billion), ranking first; the open positions of Binance Bitcoin contracts are 111,730 BTC (about $9.48 billion), ranking second.

3. Coinbase International Exchange's BTC perpetual contract weekly trading volume reached $100 billion

Coinbase International's perpetual contract platform continues to grow in the derivatives market, processing nearly $100 billion in BTC perpetual contract trading volume in the past week. This increase makes Bitcoin perpetual contracts the exchange's largest market segment, while all other markets have trading volumes far below this level. Coinbase International is Coinbase's Bermuda-licensed derivatives exchange, which enables the company to offer complex trading products that are not allowed by US regulation.

4. DCG CEO: If the Bitcoin invested in early crypto projects in 2012 is held, the returns will be higher

Digital Currency Group (DCG) CEO Barry Silbert reflected in the podcast that if the Bitcoin invested in early crypto projects in 2012 (then bought at a price of $7-8) was held, the returns would be higher. He also pointed out that most current cryptocurrencies lack actual monetary value. At the same time, Bitcoin minimalists predict that BTC may exceed one million US dollars in the next decade. Zach Shapiro, head of the Bitcoin Policy Institute (BPI), said that if the US government announced the purchase of 1 million BTC, it would cause a huge market shock. Trump's crypto committee is also exploring ways to increase its holdings of BTC through gold reserve revaluation or tariffs to cope with the US debt crisis. Asset management company VanEck analyzed that BTC-linked bonds may help reduce the $14 trillion national debt.

5. The popularity of Google searches for "Bitcoin" and "Ethereum" improved slightly in March, reaching the highest level of the year

In March 2025, the search popularity of "Bitcoin" on Google was 34, the highest level so far in 2025. The search popularity in January and February was only 31 and 27, respectively. This marks a relative increase of 26% month-on-month in the number of searches for "Bitcoin", and also marks a change in the downward trend of this indicator since November 2024. Similarly, the search popularity of "Ethereum" on Google in March also reached its highest level so far in 2025, recording 19. Compared with 16 last month, the search popularity of "Ethereum" on Google in March also reached its highest level so far in 2025, recording 19. Slightly up. Analysts say that while still far from previous cycle highs, the rise in Google search interest for Bitcoin and Ethereum in March may reflect a resurgence of retail curiosity, at least better than the performance so far in 2025. A broader theory for the rise in Bitcoin interest in March may be the newly announced U.S. tariffs, which may have reignited the "digital gold" and "value store" narratives long associated with Bitcoin, especially against the backdrop of rising geopolitical or macroeconomic tensions. This theory is supported by the BTC to SPX ratio, which has risen more than 8% since the "Liberation Day" tariff announcement on April 2.

6. Analyst: When gold prices hit new highs, history shows that "Bitcoin will follow within 150 days

On April 17, gold prices soared to an all-time high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. In 2017, Bitcoin soared to $19,120 after gold rose 30% a few months ago. Similarly, gold reached a new high of nearly $2,075 during the 2020 coronavirus pandemic, followed by Bitcoin’s surge to $69,000 in 2021. Historically, whenever gold has risen, Bitcoin has breached its previous all-time high, reflecting the dynamic relationship between the two assets during times of economic uncertainty and as investors look for alternatives to the dollar. Further highlighting the correlation between the two assets, Theya Head of Growth JoeConsorti noted that Bitcoin follows gold’s directional moves with a lag of 100-150 days. “When the printing presses start, gold will get a whiff first, and then Bitcoin will follow even more,” Consorti said. Given Consorti’s view, Bitcoin is expected to reach new all-time highs between the third and fourth quarters of 2025. Anonymous Bitcoin supporter apsk32 expects a similar outcome or bull run between July and November.

7. Binance said that multiple governments and sovereign wealth funds have contacted it with the intention to establish cryptocurrency reserves

According to Solid Intel, Binance said that multiple governments and sovereign wealth funds have contacted it with the intention to establish cryptocurrency reserves

8. The US SEC announced the agenda and participants of the cryptocurrency custody roundtable

According to the official announcement of the US Securities and Exchange Commission (SEC), the SEC Cryptocurrency Working Group will hold a roundtable on the theme of "Know Your Custodian: Key Considerations for Cryptocurrency Custody" on April 25. The meeting will be held at the SEC's Washington, DC headquarters from 1 to 5 pm. Topics include: custody through broker-dealers and other means, investment advisors and investment company custody. Participants from the US Securities and Exchange Commission include: Acting Chairman Mark Uyeda, Commissioner Caroline Crenshaw, and Commissioner Hester Peirce. Other participants include: Jason Alegrante (Fireblocks), Rachel Anderika (Anchorage Digital Bank), Terrence Dempsey (Fidelity Digital Assets), Mark Greenberg (Kraken), Tammy Weinrib (Copper), Larry Florio (1kx), Ryan Louvar (WisdomTree), etc.