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Binance has announced it will delist the OL/USDT, HIPPO/USDT, RLS/USDT, and PUFFER/USDT perpetual futures at 8:30 a.m. UTC on April 8. The exchange will also delist the WIF/USD and WLD/USD perpetual futures at 8:30 a.m. UTC on April 9.

The stock market debut of SpaceX, Elon Musk's aerospace company, holds symbolic significance for Bitcoin, CryptoSlate reported. SpaceX has secretly filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC), aiming for a June listing. The company is pursuing a valuation of approximately $2 trillion and aims to raise up to $75 billion. According to the media outlet, SpaceX currently holds 8,285 BTC, ranking it fourth among private companies. If SpaceX achieves its target valuation after listing, it would surpass Tesla's market cap despite holding less Bitcoin than Tesla's 11,509 BTC, making it the largest public company by market capitalization to hold BTC. While SpaceX's Bitcoin holdings represent less than 0.03% of its total assets, the outlet noted the significance of BTC being part of the asset composition of the world's largest space company.

According to a report from on-chain data analytics platform Arkham, the largest individual holder of Ethereum (ETH) is presale investor Rain Lohmus, not co-founder Vitalik Buterin. Lohmus holds approximately 250,000 ETH ($530 million) but is currently unable to access the wallet. Buterin is the second-largest individual holder with around 224,000 ETH ($480 million). The report also found that the address with the largest overall holdings is the ETH2 Beacon Chain deposit contract, which manages staked assets for network security and contains about 82 million ETH. Among institutions, Coinbase leads with 4.2 million ETH, followed by Binance with 3.6 million ETH and BlackRock with three million ETH. Arkham added that while Bitmine (BMNR) is estimated to hold over 4.7 million ETH, only 914,000 ETH has been confirmed on-chain.

Binance has announced the listing of USDT-margined perpetual futures for Micron (MU) and SanDisk (SNDK). The new pairs will be available for trading starting at 1:30 p.m. UTC on April 7, with both contracts supporting leverage of up to 10x.

Bitcoin's short-term implied volatility (IV) has dropped to 41.5%, its lowest level since late January, reflecting a lack of immediate market catalysts, according to a weekly report from on-chain analytics firm Glassnode. The firm noted that despite reduced price swings, demand for downside protection as a form of "insurance" remains robust. This is evidenced by a rising put/call open interest (OI) ratio, which has climbed to 0.69, signaling heightened market sensitivity to potential declines. Glassnode added that put option buying is currently concentrated at the $62,000 strike price. Below this level, a "negative gamma" zone has formed, which could accelerate selling pressure and lead to a faster price drop if this key support is breached.

On-chain analyst ZachXBT, known for exposing wrongdoing, alleged on X that Circle (CRCL) is highly deficient in its response to hacked or stolen funds, despite publicly emphasizing USDC's dollar peg and regulatory compliance. He stated that the company fails to take measures such as freezing related addresses following such incidents, calculating that damages from this inaction have totaled $420 million since 2022. ZachXBT pointed to 15 cases, including the recent exploit of Drift (DRIFT) and a hack of Bybit, where Circle's response was either slower than that of its competitor Tether or entirely absent. While acknowledging that Circle has a good product and that he personally holds USDC, ZachXBT argued that the company's decisions on regulatory compliance often lead to significant losses for customers. He stressed that this repeated and lukewarm response over three years has allowed a nine-figure sum to be drained from the crypto ecosystem, adding that Circle has the necessary resources to take action but has failed to do so. ZachXBT has previously highlighted the Drift hack, in which $280 million in crypto was stolen and subsequently swapped via Circle's CCTP without any intervention from the company.

Social Dominance Top 5 - Bitcoin: 30.55% (-1.45%) - Ethereum: 12.05% (+0.6%) - XRP: 3.1% (-0.25%) - Litecoin: 0.6% (+0.1%) - USDT: 0.45% (+0%) AI Search Volume Top 5 - Ethereum (14%) - Solana (12%) - EdgeX (6%) - Based (5%) - Hyperliquid (4%)

Decentralized derivatives exchange edgeX announced via its official X account that it has begun burning tokens acquired through its buyback program. The exchange burned 2,528,370.62 EDGE in this initial burn and plans to burn tokens acquired through the buyback every 24 hours. The move follows an announcement yesterday that the exchange was initiating the EDGE buyback.

A division between the core crypto value of decentralization and the influx of traditional financial institutions was evident at the recent Ethereum Community Conference (ETHCC) in Cannes, France, DL News reported. While the Ethereum Foundation (EF) reaffirmed its core values of censorship resistance, open source, privacy, and security (CROPS), the conference also appeared to embrace traditional finance. This included selecting Canton Network—a project criticized for catering to the traditional finance sector—as a major sponsor and featuring official attendance from numerous heads of crypto at banks and financial firms. The event also drew criticism for low attendance, attributed to a decline in sponsorships amid geopolitical risks like the Iran conflict and high ticket prices that were prohibitive for retail investors. Attendees also noted the poor quality of food and snacks. Alex Cutler, CEO of Dromos Labs, the developer of Aerodrome (AERO), stated that while it is fine for institutions to be present to make money, they will ultimately fail if they do not integrate the core technological advantages of Ethereum, such as decentralization and censorship resistance.

The U.S. non-farm sector added 178,000 jobs in March, the Bureau of Labor Statistics (BLS) announced. The figure surpassed the market consensus of 65,000. The unemployment rate came in at 4.3%, below the market expectation of 4.4%. The non-farm payrolls index, an official indicator from the U.S. Department of Labor that includes employment changes in both the private and government sectors, is a key data point the Federal Reserve considers when making interest rate decisions. Strong employment figures, such as high job growth and low unemployment, may lead the Fed to consider raising or holding rates to prevent economic overheating, while weak figures could prompt rate cuts to stimulate the economy.

U.S. President Donald Trump stated on Truth Social that with a little more time, the United States could easily open the Strait of Hormuz, obtain crude oil, and earn significant revenue. He added that this would also be good for the entire world.

Total exchange trading volume for the first quarter of this year reached $20.57 trillion, Wu Blockchain reported, citing data from CoinGlass. Spot trading volume accounted for $1.94 trillion, while derivatives trading volume was $18.63 trillion. Binance led the derivatives market with a 34.9% share, followed by OKX, Bybit, Gate.io, and Bitget. Additionally, the decentralized perpetual futures exchange (PerpDEX) Hyperliquid (HYPE) broke into the top 10. Wu Blockchain added that while overall volume has decreased, trading activity has been concentrated in derivatives and related platforms.

Cambodia's parliament has unanimously passed a tough anti-crime bill that imposes a maximum sentence of life imprisonment on the leaders of crypto fraud rings, Decrypt reported. The move aims to eradicate widespread human trafficking and large-scale financial fraud in the country. However, experts note that given the high mobility of these criminal organizations, the political will to enforce the law—through investigating potential collusion with officials and pursuing international cooperation—is more critical than simply increasing penalties.

Top 5 Gainers (24h) - ONG: +54.36% to $0.1016, 24h vol. $65.91M - SXP: +33.33% to $0.002, 24h vol. $1.16M - EDGE: +31.24% to $0.1288, 24h vol. $43.22M - AVL: +22.47% to $0.0359, 24h vol. $14.08M - IKA: +20.05% to $0.0048, 24h vol. $4.27M Top 5 Losers (24h) - DMAIL: -54.37% to $0.00023, 24h vol. $26.49K - STO: -43.62% to $0.1271, 24h vol. $481.22M - EVER: -24.10% to $0.0027, 24h vol. $10.65K - SOLV: -22.13% to $0.0044, 24h vol. $253.23M - NTRN: -17.14% to $0.0029, 24h vol. $3.63M

According to a 2025 survey of 375 Cointelegraph readers, 45% of respondents said their trust in centralized exchanges (CEXs) has declined compared to four years ago in 2022. An additional 20% reported a slight decrease in trust, while 19% saw no significant change. Only 16% of those surveyed said their confidence in CEXs had improved. The top three reasons cited for the drop in trust were exchange hacks (33%), the collapse of major platforms like FTX (27%), and regulatory restrictions (26%).

Algorand (ALGO) has surged over 44% in the past week after Google cited it as an early adopter of quantum-resistant protocols, Decrypt reported. In a research paper on quantum computing published on March 31, Google mentioned Algorand as an example of a project with quantum resistance. Following the mention, ALGO rose approximately 13% in the last 24 hours, briefly surpassing $0.12. Other AI and computing-related cryptocurrencies, such as Render (RENDER), also experienced gains. This occurred even as the broader cryptocurrency market, including Bitcoin, saw a distinct downturn amid ongoing tensions in the Middle East and macroeconomic uncertainty.

Binance founder Changpeng Zhao (CZ) shared details on X about his upcoming memoir, "Freedom of Money." He explained that the title reflects Binance's founding mission to increase the freedom of money. The Chinese title, "Binance Life" (币安人生), was borrowed from a user-created memecoin name that he found fitting, CZ said, though he previously clarified the book is unrelated to the token. CZ stated that all proceeds from the book, which he described as a significant investment of his time and effort, will be donated to charity. He also mentioned plans to release excerpts before the official publication and may offer opportunities for signed copies to early buyers. The book is currently the number one new release in the cryptocurrency category on Amazon.

Strategy (MSTR)'s perpetual preferred stock, STRC, is estimated to have purchased approximately 4,535.58 BTC, worth $741 million, over the past four trading days, according to BitcoinTreasuries.net. This volume is more than 2.5 times the amount of newly mined bitcoin during the same period. The buying is believed to be driven by an inflow of funds from investors seeking dividends ahead of the ex-dividend date. While the exact figures will be confirmed in a regulatory filing on April 6, the market anticipates the actual purchase amount could be even higher than current estimates.

Cathie Wood, CEO of crypto investment firm and spot BTC ETF issuer Ark Invest, told CNBC that Bitcoin will never again experience a drop of more than 80%. She added that BTC is now a proven monetary system and that the "bottom is in." A long-time Bitcoin bull, Wood has recently argued that increasing institutional participation has matured the market. In her view, Bitcoin is now regarded as a stable store of value rather than a purely speculative asset, which will limit the severity of future price declines.

XRP deposit and withdrawal activity on Binance has plummeted to its lowest level since 2025, signaling a period of stagnation, according to an analysis. In a post on CryptoQuant, crypto analyst Arab Chain noted that over the past 30 days, there were approximately 310,500 deposits and 329,400 withdrawals, leading to a net outflow of 18,900 XRP. This marks a significant decline from mid-2025, when 30-day transaction volumes surpassed six million. Arab Chain suggested that while the sharp drop indicates waning interest from short-term investors and reduced speculative trading, the persistent net outflow could also be a sign of accumulation, with investors moving funds from the exchange to cold wallets.

Spain's professional football league, LaLiga, has signed a multi-year partnership with the crypto-based prediction market platform Polymarket, targeting the U.S. and Canada, Decrypt reported. Under the agreement, Polymarket has secured exclusive rights to operate LaLiga prediction markets in the region. The deal also includes in-game brand advertising, digital programming, and exclusive fan experiences. Decrypt noted that Polymarket can now use LaLiga's intellectual property (IP) to create match-related prediction markets, marking the first such deal for a European football league.

Binance's newly listed crude oil perpetual futures pairs generated over $1 billion in trading volume on their first day, Wu Blockchain reported, citing Dune Analytics data. The West Texas Intermediate (WTI) pair, CL/USDT, saw $760 million in volume, while the Brent crude pair, BZ/USDT, recorded $358 million. For comparison, previously listed silver (XAU) and gold (XAG) futures have seen volumes of $3.27 billion and $2.31 billion, respectively.

The Chicago Mercantile Exchange's (CME) upcoming launch of 24-hour trading for its crypto futures and options will be a major watershed for the market, according to CoinDesk senior analyst James Van Straten. In a post on X, Van Straten recounted a recent conversation with an official at a liquidity provider who said the firm is hiring dozens of analysts to prepare for the CME's round-the-clock trading support starting in May. He added that 24-hour support for CME's crypto futures and options would increase liquidity, accelerate the convergence of crypto with traditional finance, and speed up institutional adoption. The CME previously announced it plans to introduce 24-hour trading for these products on May 29.

The following is an analysis of the spot Cumulative Volume Delta (CVD) chart for the BTC/USDT trading pair. The chart shows a Volume Heatmap on top and the CVD indicator at the bottom. - The Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price consolidates in a particular range or experiences a significant move. These brighter areas can potentially act as support or resistance levels. - The CVD indicator represents buy and sell orders categorized by trade size. A rising line indicates an increase in buy orders for that category. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

The Bitcoin mining difficulty increased by 3.87% to 138.97 T at approximately 9:28 a.m. UTC on April 3. This resumes an upward trend for the metric, which had fallen by over 7% on March 21. The next difficulty adjustment is scheduled to take place in approximately 14 days and two hours.