In Bitcoin’s Best Interest - April 2025
May 1, 2025
GM, legends!
Welcome to In Bitcoin’s Best Interest—our monthly newsletter with a fresh new look and feel, covering the most important events shaping the Bitcoin ecosystem and keeping you up to speed with the latest developments here at Liquidium.
LFG! 🚀
What’s Trending in Bitcoin? TL;DR:
Runes are back on their Birthday, reclaiming a $1 billion market cap as they turn one year old
A whale accumulated 21.7 million $DOG tokens in 4 days
Bitcoin price jumps to $95,000 as global trade wars ease
🔥What’s new from Liquidium?
Introducing the Liquidium X Bitflow Liquidity Pool
We’ve just launched a game-changing LIQ/sBTC liquidity pool with our friends at Bitflow, opening up a brand new avenue for earning sBTC rewards.
The LIQ/sBTC liquidity pool also allows for direct BTC to LIQ token swaps, so you can easily get your hands on the LIQUIDIUM•TOKEN. You can access it on Bitflow here.
Instant Loans are here for EVERYONE
Less than a month ago, we launched ‘Instant Loans’ for Runes to provide a faster lending experience for Runes-collateralized bitcoin loans.
Our recent efforts have been met with resounding success, with instant loans now accounting for a staggering 80% of all Runes-backed loan volume.
For Borrowers
As a borrower, you get instant access to BTC with just one click—fast, simple, and seamless. Plus, our flexible collateral system means you're no longer tied to fixed bundles, giving you more freedom to borrow on your terms.
For Lenders
If you're lending, we make it effortless to put your capital to work—no countersigning required, and you don’t have to actively manage your positions. Simply, you only set your offer, and it runs in the background, thereby providing a hands-off approach to bitcoin yield generation.
On both sides, Runes-powered term options give you more ways to customize your strategy.
Borrowing BTC on Liquidium is like buying a put option
Let's break it down.
A put option gives you the right, but not the obligation, to sell an asset at a fixed price on a specific date in the future.
Borrowing on Liquidium can be viewed as buying a put.
You borrow BTC using your assets as collateral. The interest fee you pay acts like the option premium.
If the collateral’s floor price drops significantly during the term of the loan, you’re free to walk away with the borrowed BTC, sacrificing the collateral asset but keeping the BTC, which is just exercising a put option when the market turns against you.
You can find here for a more detailed explanation.
👀What’s Trending in Bitcoin?
Runes are back on their Birthday, reclaiming a $1 billion market cap as they turn one year old
Runes celebrated their first anniversary on April 21. Somewhat fittingly, this milestone was marked by a pump in the Runes market as the total market cap soared past $1 billion, and the number of holders reached an impressive 1,119,796.
Over the last year, the Runes ecosystem has flourished with innovation and adoption, thanks to a growing number of projects, such as DOG, MIM, and RSIC (and many more), as well as a vibrant community that is ready to propel the ecosystem forward.
A whale accumulated 21.7 million $DOG tokens in 4 days
A whale wallet that hasn’t sold or transferred any tokens for three months has accumulated 21.7 million $DOG tokens in just four days.
The series of purchases is valued at a whopping $60.43 million, and occurred shortly before the price of $DOG jumped to $0.001786 on April 23.
Bitcoin price jumps to $95,000 as global trade wars ease
Bitcoin’s moving back towards the $100,000 mark, following a rally back to $95,000 at the end of April.
This pump followed President Trump’s softer stance on reciprocal tariffs and his administration's hint at renewed trade talks with China. By doing this, the United States aims to focus its trade war with China and reduce nearly all of the tariffs imposed on other countries to 10%.
On the bitcoin treasury side, Strategy increased its Bitcoin holdings by acquiring an additional 6,556 BTC, bringing its total stash to 538,200 coins, but what got the market more excited was the announcement of the launch of a new corporate BTC buyer called Twenty One Capital.
Led by high-profile Bitcoiner and Strike CEO Jack Mallers, Twenty One Capital aims to “maximize Bitcoin ownership per share and offer investors direct exposure to Bitcoin via a public company structure.”
Backed by Tether and SoftBank, Twenty One Capital will reportedly launch with 42,000 BTC in its treasury and will go public via a SPAC merger with Cantor Equity Partners under the ticker $XXI.
💡Community Spotlight
$WZRD completed its migration to Runes
$WZRD, the popular memecoin that represents the iconic Magic Internet Money wizard meme, has completed its migration from BRC-20 to Runes.
The memecoin now goes by the ticker $MIM, which is an abbreviation for “Magic Internet Money,” a nostalgic reference to the playful nature of bitcoin’s early discussions across online forums.
$WZRD isn’t the first BRC-20 meme coin to move over to Runes; another Bitcoin memecoin, $PUP, did it too, finishing its migration back in November 2024.
ODIN DOG Hack
A report from PeckShield revealed that a Bitcoin Runes wallet linked to Odin.Fun founder Bob Bodily liquidated its entire holding of ODINDOG tokens—worth $178,700—after the token plunged 50% in value.
The crash came just as Bob Bodily announced that his wallet may have been hacked, sparking panic in the market. The suspected breach forced the platform to halt all deposits and withdrawals temporarily, further fueling uncertainty.
Market Analysis
April has been more volatile than March, especially for BTC, which dropped to $81,000 but staged a strong comeback all the way up to $95,000 by month’s end. This was following Trump’s decision to ease U.S. tariffs and the announcement of a new large-scale corporate bitcoin buyer in the form of Twenty One Capital.
Liquidium has also performed exceptionally well with its total monthly volume reaching 4,110.6460 BTC, up from March’s 4,057.6311 BTC 🎉🥳🎊👏🍾
Total Volume: 4,110.6460 BTC
Total Ordinals Volume: 3,125.9042 BTC
Total Runes Volume: 964.8353 BTC
Total BRC20 Volume: 19.9065
You can find more data here.
Performance metrics as of April 23, 2025.
🔭 Looking Ahead
External API
Liquidium now has an external API ready for any project that wants to enable users to borrow and lend directly from their app, without requiring them to go elsewhere.
By plugging into our API, partners can offer a smoother, faster experience without the extra clicks or redirects.
Let’s get in touch if you’re interested in adding Liquidium to your project. 🙌 Just reply or hit us up on Telegram, X (Twitter), or Discord.
Meme(s) of the month
Source: Shreifi
Source: LiquidiumFi
Source: Naiive
Click here to start earning yield on Liquidium.
