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Crypto fraud losses in the United States reached $11.4 billion last year, a 22% increase from the prior year, CoinDesk reported, citing an FBI report. According to the report, the number of related cases rose by 21% to 181,565, with the average loss per victim amounting to $62,604. Approximately 18,600 victims lost more than $100,000 each. The FBI explained that organized crime groups based in Southeast Asia are using victims of human trafficking to conduct long-term, psychological investment scams.

Diplomatic and indirect communication channels between Iran and the United States remain open, according to the Tehran Times.

Prominent Bitcoin market analyst PlanB predicts that BTC will experience a further short-term decline before entering a bull market to set a new all-time high (ATH). He noted that the BTC price is moving based on its drawdown from its all-time high, adding that the current phase may precede the formation of a market bottom when compared to past cycles.

Digital asset investment products saw total net inflows of $224 million last week, with approximately 70% of that volume originating from Switzerland, CoinDesk reported. Of the total, Switzerland accounted for $157 million, followed by Germany and the U.S. with $28 million each, and Canada with $11 million. The inflows were also heavily concentrated in specific assets, with XRP-related products attracting around $120 million, representing more than half of the total. The majority of these XRP inflows came from European and other overseas exchange-traded products (ETPs). The five U.S.-listed XRP spot ETFs have recorded nearly zero daily inflows over the past two weeks. Similarly, while Bitcoin ETPs drew $107 million during the same period, only $22 million of that came from U.S. spot ETFs. CoinDesk noted that this trend suggests U.S. investors are not currently making large-scale investments, concluding that the primary buyers are in Europe rather than the United States.

SOL Strategies, a strategic investor in Solana, announced it has acquired Darklake Labs, a Solana-based Zero-Knowledge (ZK) technology company, for $1.2 million. The payment consists of $200,000 in cash and $1 million in common stock. Darklake Labs is a startup that developed a dynamic ZK-proof system on Solana, featuring technology designed to enhance transaction privacy while preventing front-running and sandwich attacks.

According to a Fox News reporter, U.S. President Donald Trump stated that an ultimatum deadline for Iran, set for 0:00 a.m. UTC on April 8, could be adjusted if negotiations show progress. However, he added that for now, the original deadline remains in place. Trump also noted that if the deadline passes, the U.S. will proceed with its planned actions against Iran.

Iran has suspended negotiations with the United States and informed Pakistan that it will no longer participate in ceasefire talks, according to three senior Iranian officials.

Whale Alert reported that 200,116,698 USDC has been transferred from USDC Treasury to an unknown wallet. The transaction is valued at about $200 million.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

U.S. financial services firm Charles Schwab has advised that adding even a 1% allocation to cryptocurrency can alter a portfolio's risk profile. According to CoinDesk, the firm stated that the size of a crypto investment should be determined by an investor's tolerance for volatility rather than potential returns. Charles Schwab noted that Bitcoin and Ethereum are high-risk assets that have previously fallen by over 70%, and adding just 1-3% of these assets can significantly change a portfolio's overall volatility and its performance during market shocks. The firm explained that there is no single appropriate allocation for crypto, as it depends on an individual's risk appetite and tolerance for loss, recommending that it be approached as a high-risk supplementary investment rather than a core asset. Earlier this month, Charles Schwab announced the launch of a new service, Schwab Crypto, to support BTC and ETH trading.

Whale Alert reported that 213,473,247 USDC has been transferred from Coinbase Institutional to an unknown wallet. The transaction is valued at about $213 million.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

WTI crude oil rose 3.75% during the day, surpassing $117 per barrel.

Morgan Stanley's spot Bitcoin ETF, MSBT, is expected to be listed on the New York Stock Exchange on April 8, according to Bloomberg ETF analyst Eric Balchunas.

According to CoinNess market monitoring, BTC has fallen below $68,000. BTC is trading at $67,993 on the Binance USDT market.

Binance.US CEO Stephen Gregory said the company is focused on expanding into new business areas such as prediction markets and derivatives. According to CoinDesk, Gregory stated that prediction markets are one of the most notable sectors in the industry and a key area under review. He added that crypto companies can attract a diverse customer base through offerings like retail derivatives.

Rails, a provider of cryptocurrency derivatives for institutions, announced it will launch its mainnet on April 30. The launch will also include the release of USDr, the platform's native stablecoin, which will be used for staking and fee payments.

A LINK whale has sold 441,000 LINK through GSR Markets for an estimated loss of around $1.77 million, according to on-chain analyst ai_9684xtpa. The tokens in question had been withdrawn between June and October 2024 at an average price of $12.7.

Iran has closed all diplomatic and indirect communication channels with the U.S., according to the state-run Tehran Times.

Whale Alert reported that 500,000,000 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $500 million.

The three major U.S. stock indices opened lower today. - S&P 500: -0.18% - Nasdaq: -0.3% - Dow Jones: -0.2%

Companies investing in Ethereum must adopt liquid staking and active management strategies to outperform simple staking yields, according to Kean Gilbert, an executive at Ethereum (ETH) staking platform Lido (LDO). In an interview with Cointelegraph, Gilbert explained that liquid staking allows ETH holders to stake their assets while simultaneously receiving a token that can be used in other DeFi applications. He emphasized that this can help generate higher returns than simple staking, where ETH is just provided as collateral to borrow funds.

Ethereum remains in a downward channel and must decisively break the $2,400 level to signal a trend reversal, according to an analysis by CryptoPotato. On the ETH/USD daily chart, the price is trading below both the 100-day and 200-day moving averages. The $2,300 to $2,400 range is currently acting as a strong resistance zone. As long as the $1,800 support level holds firm, the price is likely to remain range-bound. A confirmed break above $2,400 would be a bullish signal, while a drop below $1,800 could lead to a further decline toward $1,600.

Cardano (ADA) and Draper Dragon have launched the Draper Ecosystem Fund, an $80 million initiative aimed at strengthening the overall Cardano ecosystem. The fund will support native and integrated projects and seek to expand on-chain utility. Draper Dragon will manage the fund, while the Cardano Foundation will participate as an institutional partner to provide technical and ecosystem support.

Top 5 by social dominance - BTC: 31.75% (down 1.35%) - ETH: 11.15% (up 0.4%) - XRP: 2.55% (down 0.5%) - LTC: 0.45% (up 0.05%) - BNB: 0.35% (up 0.05%) Top 5 by AI-driven search volume - Ethereum (12%) - Solana Foundation (11%) - Polkadot (4%), up three spots - Surf (4%), up one spot - Aave (4%), up three spots