Apr 2 Thursday
Bitcoin and other risk assets have experienced volatility due to President Donald J. Trump's changing statements regarding Iran. Several indicators exist that can help traders navigate through this market noise and identify more reliable signals.
Uniswap Founder Hayden Adams stated that projects with admin keys capable of draining all funds should be classified as centralized finance rather than decentralized finance. He emphasized that Uniswap versions do not contain such admin keys that could empty user funds.
The decentralized contract trading platform SunX will host a live broadcast featuring several cryptocurrency influencers discussing asset allocation amid global macroeconomic uncertainty. The discussion will focus on comparing the traditional safe-haven attributes of oil and gold with Bitcoin's evolving 'digital gold' narrative across dimensions of liquidity, volatility, and risk hedging.
Ondo's tokenized stock transfer volume exceeded $2 billion during this period. The total number of tokenized stock holders has surpassed 200,000 individuals.
The AI and crypto company disclosed it sold its remaining Bitcoin in Q1 to repay debt, contradicting its November 2024 'Bitcoin-first' strategy that pledged to hold over 90% of reserves in Bitcoin. Genius Group reported strong Q1 results with revenue up 171% to $3.3 million and net profit of $2.7 million, while several other companies have also reduced Bitcoin holdings this year.
The token from the Pumpcade project, a prediction market built on Pump fun, recently surged 30% within two hours to reach a high of $15.1 million. The project previously secured third place in a March hackathon and received a $250,000 investment from Pump Fund, the investment arm of Pump.fun.
The artificial intelligence and cryptocurrency company has joined other firms in reducing Bitcoin treasury holdings this year. This contrasts with the approach of MicroStrategy CEO Michael Saylor, whose company continues to accumulate the cryptocurrency.
Brent crude futures on the Hyperliquid platform recorded $46.6 million in liquidations, ranking behind only ether and bitcoin in volume. The platform's single largest liquidation involved a $17.17 million oil position held by one trader.
Gate's GUSD stablecoin, backed by ecosystem revenue, treasury RWA, and stablecoin reserves, offers daily returns through trading and collateralization. The platform also provides reference annual yields for major cryptocurrencies including BTC at 2.56%, ETH at 4.30%, SOL at 8.50%, and USDT at 3.84%.
The cryptocurrency's price increase follows the implementation of a buyback initiative that has reduced circulating supply. Market analysts are monitoring whether this momentum could potentially push the asset toward the $1 price level.
Bitcoin, ether, and solana extended losses as President Trump's national address reversed a two-day market rally based on expectations of conflict resolution. The remarks triggered a sell-off in both crypto and equities while oil prices surged 5% to over $106 per barrel.
STO has surged over 200% in the past 24 hours according to on-chain monitoring data. The tokens withdrawn from Binance are now valued at $6.99 million, representing significant unrealized gains for the wallet holder.
The Dollar Index DXY has climbed above the 100 level, according to market data from Gate. The index recorded an intraday increase of 0.43%.
On-chain analysts report Machi Big Brother holds a 6,000 ETH long position with a liquidation price of $2,040.5, opened at $2,084.5. The position previously closed 1,700 ETH at a $48,000 loss.
Wormhole stated that user assets remain secure and cross-chain bridge functions are operational despite the Drift Protocol attack. The platform noted potential transaction delays due to Solana's built-in security mechanisms and is maintaining communication with Solana ecosystem teams.
The cryptocurrency has experienced a price increase reaching the $7 level. Market analysts are monitoring whether it can overcome the current supply zone resistance.
The prediction market platform's fees have increased significantly over the past two days, with projections suggesting daily fees could surpass $1 million in the coming days. Based on the April 1 daily fee, the annualized fee rate would reach $338 million.
Data from Defillama shows overall DEX trading volume reached $202 billion in March, nearly matching the $251.3 billion recorded in March of the previous year. Solana DEX trading volume fell to approximately $57.3 billion in March, marking its lowest point since September 2024.
The Russian government has submitted a bill to the State Duma that would impose fines up to 2.5 million rubles for illegal mining activities. Russia has also extended mining bans to additional regions through 2031 while prioritizing computing power for artificial intelligence applications.
The chairman faces allegations that Huione Group facilitated cryptocurrency scam centers in Cambodia. These centers reportedly operated 'pig butchering' schemes and other fraudulent activities targeting cryptocurrency holders.
The prediction market platform has implemented a complete fee-based structure, with daily fees recently reaching $927,000. This fee level suggests an annualized revenue projection of approximately $338 million for the platform.
Bitcoin has declined 52% from its October 2025 peak, with a 50-200 SMA crossover signal appearing on February 27 that has persisted for 30 days. Historical patterns since 2014 show such crossovers mark absolute bottoms and potential buying opportunities, with final declines of 40-52% occurring 23-33 days after the signal.
Delphi Digital co-founder Tommy Shaughnessy criticized Circle for not freezing USDC funds connected to the Drift exploit despite having centralized freezing capabilities. Onchain investigator ZachXBT noted that millions of USDC were bridged from Solana to Ethereum for hours without being frozen, allowing the transfers to proceed.
Paul Grewal stated that while debate continues, key elements of the crypto market structure bill are advancing and are crucial for achieving the vision of making the U.S. a global crypto hub. He noted the Senate Banking Committee is expected to begin review hearings in coming weeks, with Coinbase and CEO Brian Armstrong having previously opposed versions banning stablecoin yield rewards.
According to Gate market data, spot silver is currently trading at $72.05 per ounce with a daily decline of 3.95%. Spot gold is also down 1.72% to $4,675.45 per ounce.
The Monad cryptocurrency has experienced a 14% price increase in recent trading. Market analysis suggests a specific price level may act as resistance to prevent additional gains.
The U.S. tech sector has rebounded amid easing geopolitical tensions between the U.S. and Iran, boosting derivatives trading activity. Data shows Bitget holds the largest share of contract positions for Apple, Nvidia, and Microsoft among centralized exchanges, accounting for 65%, 59%, and 58% of total holdings respectively.
Bitcoin fell below $68,000 with a 0.75% decline, while Ethereum maintained above $2,000 with a 0.15% gain. The GameFi sector rose 0.71% with Gomining Token increasing 4.61%, contrasting with declines in RWA, Layer1, and other major sectors.
According to Gate market data, the decline in US stock index futures has widened, with Nasdaq futures falling by 1.3%. The data indicates continued downward pressure in pre-market trading.
The partnership leverages Republic Crypto's expertise in tokenomics and Western capital markets alongside ENI's enterprise-grade modular L1 architecture. This collaboration aims to facilitate global seamless settlement for institutional assets and promote Web3 commercial scaling.
The security firm SlowMist reported that the Drift protocol modified its multisig mechanism to a '2/5' configuration without a timelock one week before the exploit. Attackers gained admin access to mint fake CVT tokens, manipulate oracles, disable security features, and transfer high-value assets from liquidity pools.
Whales on the Hyperliquid platform maintain $1.777 billion in long positions and $1.702 billion in short positions, according to Coinglass data. One specific whale address holds a 15x leveraged long position on ETH at $2,148.7 with an unrealized loss of $3.5984 million.
On-chain investigator ZachXBT alleges that Circle failed to act during U.S. trading hours when millions of USDC moved from Solana to Ethereum via CCTP following the Drift hack. The criticism follows Circle's recent freezing of at least 16 corporate hot wallets, which are reportedly being slowly unfrozen.
The attacker transferred funds from the Drift Protocol treasury to multiple laundering addresses that received funds through Backpack accounts with KYC verification. These laundering addresses then moved the assets through Wormhole to an Ethereum address that previously received funds from Tornado Cash.
Blockchain investigator ZachXBT warned that Trust Wallet's official Discord link has been compromised by hackers. Users are advised to avoid joining through Discord links on official channels to prevent asset losses.
Data from Coinglass shows long positions accounted for $162 million in liquidations while short positions totaled $167 million. Bitcoin saw $38.7 million in long liquidations and $41.8 million in short liquidations, while Ethereum experienced $29.9 million in long liquidations and $46.1 million in short liquidations.
CryptoQuant data indicates Bitcoin's apparent demand was negative by approximately 63,000 coins at March's end, with new demand failing to offset selling. The report notes whale addresses have shifted from accumulation to net selling, while US investor demand weakened and the Coinbase premium turned negative.
Bitfarms used $50 million in debt financing to purchase approximately 2,000 Bitcoin, while Roblox converted 2% of its cash reserves into Ethereum and Avalanche for platform liquidity. S&P Global introduced a new index tracking companies with significant Bitcoin treasury exposure, and Northern Data shifted all operations to AI rendering and Bitcoin accumulation.
President Trump stated that the U.S. military achieved a swift and decisive victory over Iran, claiming that most of Iran's leadership is dead and its military capabilities are destroyed. During his speech, spot gold prices dropped nearly $60 to $4,749.09 per ounce according to market data.
Morgan Stanley has filed an additional S-1 amendment for its Bitcoin ETF, with analysts viewing this as the final update before the fund's anticipated launch. The submission follows previous regulatory filings and indicates progress toward making the investment product available to investors.
The DeFi protocol Drift suffered a hack resulting in approximately $155.6 million in JLP position losses. Jupiter confirmed its lending product Jupiter Lend was not exposed to Drift markets and expressed concern for affected users while calling it a difficult day for the Solana DeFi ecosystem.
The unauthorized access occurred in Galaxy Digital's isolated research and development workspace, which is completely separate from core infrastructure and client accounts. The company has implemented additional security measures and reported losses under $10,000.
Data from Coinglass shows the cryptocurrency exchange experienced significant capital movement. The platform's USDT holdings increased substantially during this monitoring period.
Data from Coinglass indicates that if Bitcoin falls below $64,887, long position liquidations on major centralized exchanges could reach $1.44 billion. The analysis highlights significant potential market volatility based on these key price thresholds.
The joint status report filed in Washington federal court indicates that settlement discussions have not resolved the SEC's allegations regarding investor deception during the Twitter acquisition. Both parties have determined that alternative dispute resolution methods would not benefit the case at this time.
Bithumb's CFO stated the exchange is strengthening accounting policies and internal controls after signing an IPO consulting contract with Samjong KPMG. CEO Lee Jae-won was re-elected for two years at the annual shareholders' meeting, during which Bithumb previously faced regulatory penalties.
Li Xiong, who served as Chairman of Huiwang Group under Prince Group, is suspected of operating casinos, fraud, illegal business operations, and concealing criminal proceeds. Chinese authorities have taken compulsory measures against him while continuing investigations into the Chen Zhi crime organization, which faces separate U.S. charges involving seized Bitcoin assets.
The Solana-based derivatives trading platform Drift Protocol experienced a security incident involving multiple liquidity pools including JLP Delta Neutral and SOL Super Staking. The project team has identified abnormal activity and is investigating while advising users to temporarily avoid depositing funds into the protocol.
Apparent Bitcoin demand was negative by approximately 63,000 coins at the end of last month, indicating selling by retail and other market participants exceeded incremental institutional purchases. The market remains in a distribution phase with large holders who accumulated during the 2024 bull market accelerating sales since mid-2025.
Data from Coinglass reveals the current average funding rate for Bitcoin across all networks over an eight-hour period. Among major exchanges, Binance shows a rate of 0.0035%, OKX at 0.0022%, Bybit at -0.0006%, and Gate at 0.0003%.
The Bitcoin mining company Riot Platforms executed a sale of 500 BTC valued at approximately $34.13 million. Separately, BTC reserve company Empery Digital transferred its remaining holdings of 1795 BTC, worth around $122.5 million, to the cryptocurrency exchange Gemini.
Large investors have been accumulating Chainlink's LINK tokens in significant quantities. Market analysts are monitoring whether this whale activity could drive the cryptocurrency toward the $10 price level.
The Fellowship PAC has appointed Tether's U.S. executive Jesse Spiro as its chairman to lead political actions supporting pro-crypto candidates. The appointment comes as the Digital Asset Market CLARITY Act faces obstacles in the Senate, with debates over allowing platforms to offer yields or incentives for stablecoin holdings delaying consensus.
The trading platform eToro has officially launched cryptocurrency trading services in New York, approximately three years after receiving its BitLicense. The company will initially offer around 20 cryptocurrencies, with plans to expand to more tokens and introduce features like staking in the future.
The ZCash cryptocurrency has shown increasing bullish momentum in recent trading sessions. However, ongoing regulatory uncertainty surrounding privacy-focused cryptocurrencies continues to limit ZEC's price appreciation potential.
The Dow Jones Industrial Average rose 0.49%, while the S&P 500 and Nasdaq Composite gained 0.7% and 1.16% respectively. Intel, SanDisk, and Micron Technology all increased by more than 9%, while Nike dropped 15%.
The cryptocurrency's significant price increase has prompted discussions about potential further bullish momentum in the market. Analysts are monitoring trading patterns and investor sentiment to assess the sustainability of this upward movement.
The daily crypto news coverage provides updates on market trends affecting Bitcoin valuation and blockchain technology. It also includes information about DeFi, NFTs, Web3 developments and cryptocurrency regulatory changes.
The cryptocurrency transaction occurred at 03:23 according to Arkham data, moving from an address beginning with bc1q3tdg3 to another starting with bc1qsaxx. The transfer involved an intermediate step before reaching the final destination address.
The investment firm has launched a new staking product for the Solana cryptocurrency. Users can earn rewards through this service without paying any fees for the next several years.
The transaction occurred at 02:36 according to data from blockchain intelligence platform Arkham. The funds originated from an anonymous wallet address beginning with 168Bve.
The Solana-based decentralized finance platform has temporarily suspended deposit functionality while conducting an investigation into unusual platform activity. Drift Protocol officials have advised all users to exercise caution and refrain from making deposits until the investigation is complete.
The attacker transferred assets to address 'HkGz4K' and bridged some to Ethereum to purchase 19,913 ETH worth $42.6 million, while also moving stolen SOL to Hyperliquid and Binance. Drift Protocol has acknowledged the abnormal activity and is investigating, advising users not to deposit funds until further notice.
Monitoring detected approximately $270.6 million in abnormal fund movements from a Drift Protocol-related address, representing about 50% of its total value locked. The Helius CEO noted on-chain signals suggest a potential exploit while Drift Protocol advises users to avoid deposits during the investigation.
The crypto financial services firm reported unauthorized access was confined to a segregated research and development workspace. Trading systems and client accounts were not impacted by the security incident.
Data from Coinglass shows the cryptocurrency exchange experienced significant capital movement during the period. The platform's USDT holdings increased substantially based on the reported figures.
The decentralized finance protocol Drift Protocol may have been exploited in an onchain security incident. Reports indicate the potential loss exceeds $200 million in cryptocurrency assets.
Bitcoin's price reached $69,003.1 against USDT according to Gate.io market data. The cryptocurrency has shown positive momentum in recent trading sessions.
The company is focusing on building infrastructure and distribution networks through collaborations rather than creating its own digital currency. This approach allows Meta to leverage existing financial systems while avoiding regulatory complexities associated with direct issuance.
BlackRock withdrew 1780 ETH worth approximately $3.79 million through its Ethereum ETF ETHA from Coinbase Prime. The investment firm subsequently extracted about 1450 BTC valued at around $99.71 million via its Bitcoin ETF IBIT, with potential further transactions anticipated.
Data from Coinglass shows long positions accounted for $103 million of the total liquidations, while short positions represented $205 million. Bitcoin saw $76.38 million in short liquidations and $15.34 million in long liquidations, while Ethereum experienced $52.77 million in short liquidations and $15.80 million in long liquidations.
According to Lookonchain monitoring data, the whale transferred the cryptocurrency back to the exchange after previously withdrawing it. The transaction would generate approximately $1.46 million in profit if the assets were sold at current market prices.
The company enables fintech firms and wallets to issue white-label stablecoin payment cards without managing card operations themselves. This funding round supports Kulipa's expansion of its payment infrastructure services.
The partnership enables users to trade event-based markets directly on Deepcoin's centralized exchange with access to synchronized global pricing and liquidity. The product features interface and trading mechanics adjustments designed to better align with CEX user behavior patterns.
Data from Coinglass shows the current funding rates on major exchanges vary, with Binance at 0.0045%, OKX at 0.0072%, Bybit at 0.0003%, and Gate at 0.0043%. The information was reported by ChainCatcher.