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According to CoinNess market monitoring, BTC has risen above $76,000. BTC is trading at $76,064.41 on the Binance USDT market.

While the passage of the U.S. crypto market structure bill, known as the Clarity Act, appears unlikely in April, a Senate committee hearing in May could maintain its legislative momentum, CoinDesk reported. A Senate aide told the outlet that although the legislative calendar is tight, a delay of a few weeks is not fatal. The aide suggested the extra time could allow Republican Senator Tom Tillis to address banking industry concerns over stablecoin interest. A consensus has largely been reached on issues concerning DeFi protections, with no significant hurdles remaining for the bill to pass through committee. The primary challenge is the schedule, as the Senate will shift into election mode in August for the November midterm elections, leaving only about 12 weeks for legislative action. This period is crowded with other priorities, including the Department of Homeland Security's budget and the war in Iran, creating a challenging environment for the bill's passage, the aide noted. Senator Tillis previously stated that more time was needed to finalize a compromise with the crypto industry, suggesting the bill could be advanced in May.

Iran has agreed to a cessation of military combat but insists the war is not over, Iranian state TV reported on April 22 in response to a statement from President Trump on extending a ceasefire. The state broadcaster emphasized that Iran's control over the Strait of Hormuz is a crucial bargaining chip it has secured in the conflict. It also warned against rhetoric suggesting an attack is imminent if Iran refuses to negotiate, adding that any talks must not infringe on the nation's independence and dignity, even if a naval blockade is lifted. Protecting Iran's defense, missile, and nuclear capabilities remains a top priority, the report concluded.

Coinbase has emphasized that while the threat from quantum computers is not immediate, the cryptocurrency industry must begin long-term preparations, warning that powerful quantum computers could neutralize the cryptographic technology underlying major blockchains. In a report, the exchange stated that while experts believe a real threat is at least a decade away, faster-than-expected progress cannot be ruled out. Coinbase assessed that Bitcoin's core infrastructure is largely secure, but wallets are vulnerable because the digital signatures used to prove asset ownership could be compromised. Wallets with key information exposed on-chain face an even greater risk. To address this, Coinbase has formed an advisory committee, is building flexible systems to accommodate new cryptographic standards, and is working with partners on upgrades, concluding that quantum preparedness is a challenge for the entire industry.

Investment bank Cantor Fitzgerald believes Coinbase (COIN) and Robinhood (HOOD) are focusing on prediction markets and new product launches as their next growth drivers, CoinDesk reported. Analyst Ramsey El-Assal noted that while first-quarter crypto trading results for both firms are expected to be weak, investors are looking ahead to future products like prediction markets. He explained that despite a potential for sluggish short-term revenue, investor sentiment is improving amid long-term growth prospects. El-Assal added that prediction markets and tokenization could help diversify the companies' revenue streams. Cantor Fitzgerald maintained its "overweight" rating on both companies and raised its price targets to $250 for Coinbase and $110 for Robinhood.

U.S. President Donald Trump announced on April 21 that he is suspending military action against Iran and extending a ceasefire, acceding to a request from Pakistan's Army Chief of Staff and Prime Minister. In a post on his social media platform, Truth Social, Trump demanded that Iran first present a unified negotiation proposal. He stressed that during the ceasefire, the U.S. military will continue its naval blockade of Iran and maintain military readiness. Trump added that the ceasefire will last until Iran submits its proposal and negotiations are complete, "regardless of the outcome."

Blockchain.com has added a perpetual futures trading feature to its non-custodial DeFi wallet, allowing users to open leveraged positions using their self-custodied Bitcoin as collateral without transferring funds to an exchange. According to Cointelegraph, the feature is provided through the decentralized perpetual futures exchange Hyperliquid (HYPE) and offers users exposure to over 190 crypto markets with up to 40x leverage.

The three major U.S. stock indices closed lower today. - S&P 500: -0.63% - Nasdaq: -0.59% - Dow Jones: -0.59%

The grandson of Mafia boss John J. Gotti has been sentenced to 15 months in prison for fraudulently obtaining $1.1 million in U.S. government COVID-19 relief funds and investing a significant portion in cryptocurrency, the Department of Justice announced. According to CoinDesk, Carmine G. Agnello, whose grandfather led the Gambino crime family, one of New York City's five major Mafia organizations, submitted false information to the Small Business Administration (SBA) between April 2020 and November 2021. Agnello claimed he would use the funds for his auto parts and recycling business, including employee salaries, but instead used them for personal purposes, notably investing in a cryptocurrency business. The specific business was not disclosed.

According to CoinNess market monitoring, BTC has fallen below $75,000. BTC is trading at $74,940.89 on the Binance USDT market.

Iran has finalized its decision not to attend talks scheduled to be held in Pakistan today, according to Iran's Tasnim News Agency.

Vice President Vance's planned trip to Pakistan on Tuesday for negotiations to end the war with Iran has been tentatively suspended, the Wall Street Journal (WSJ) reported, citing multiple sources. While sources indicated that Vance could still depart later this week, possibly as early as Tuesday night, President Trump is privately considering canceling the trip altogether. The uncertainty stems from Iran's refusal to concede on its nuclear enrichment demands. Another source noted that Iran has not committed to attending the talks. The White House did not respond to a request for comment on the schedule.

A senior Iranian official has stated that Iran may attend talks in Pakistan if the United States withdraws its policy of pressure and threats.

USDT's market cap growth has outpaced that of USDC following a series of large-scale hacks on Drift (DRIFT) and Kelp DAO, Decrypt reported. Investment bank Compass Point noted that DeFi fund outflows after the hacks are pressuring USDC's market cap, which could lead to reduced revenue for Coinbase (COIN) and Circle (CRCL). Circle is also facing a class-action lawsuit for not freezing funds when hackers laundered hundreds of millions of dollars through its Cross-Chain Transfer Protocol (CCTP) during the Drift hack, and its stock price has been on a downward trend.

The recent Kelp DAO hack could slow the pace of blockchain adoption by the traditional financial sector, according to Andrew Moss, an analyst at global investment bank Jefferies. He noted that the incident exposed security vulnerabilities in bridge systems and single points of failure, which will likely prompt financial firms to re-evaluate their risks. Moss also pointed to an ongoing liquidity crisis within the DeFi ecosystem, marked by bad debt and challenges in fund recovery. While this loss of trust may dampen short-term adoption, he added that the long-term outlook remains positive due to continued regulatory progress and infrastructure improvements.

Prediction market Polymarket announced on its official X account that it plans to launch a perpetual futures service. Previously, Kalshi also announced plans to launch a crypto perpetual futures service.

The crypto market saw a downturn after Federal Reserve Chair nominee Kevin Warsh stated that U.S. President Donald Trump had not asked him to cut interest rates, according to an analysis by CoinDesk. Bitcoin, which had been trading just under $77,000, fell to the $75,000 level during Warsh's confirmation hearing. The decline mirrored a broader market trend, with both the Nasdaq and S&P 500 also falling. Matt Mena, an analyst at crypto ETP issuer 21Shares, noted that while Warsh's comments suggest less urgency for rate cuts, he would likely still favor them as chair. Mena explained that for years, Warsh has argued that the central bank's reliance on lagging data keeps rates unnecessarily high, hindering growth and causing market volatility. He added that Warsh's appointment could also positively impact crypto policy, as he would be the first Fed Chair with deep ties to the industry. Mena predicted that more aggressive monetary easing in the second half of 2026 could see Bitcoin recover to $100,000.

Bitcoin financial platform River Financial reported via its official X account that Strategy's (MSTR) perpetual preferred stock, STRC, has purchased 10 times more Bitcoin this year than all spot ETFs combined. MSTR pays STRC holders a monthly variable dividend targeting 9% annually. The dividend rate decreases if STRC trades above $100 and increases if it trades below $100.

U.S. Vice President Vance is visiting Islamabad, Pakistan, today, according to CNN. The New York Times (NYT) had previously reported that the visit was on hold.

Neobank Revolut, which provides cryptocurrency and crypto-related stock investment services, is targeting a valuation of up to $200 billion in its planned 2028 initial public offering (IPO), CoinDesk reported, citing the Financial Times. The company has applied for a banking license from the U.S. Office of the Comptroller of the Currency (OCC) and plans to gradually increase its valuation through an additional share sale this year.

Vice President Vance's planned visit to Islamabad, Pakistan, has been postponed, The New York Times (NYT) reported, citing a U.S. official. The outlet noted that the delay was caused by the Iranian leadership's indecision on attending a second round of peace talks. Iran is reportedly delaying its decision amid internal opposition arguing that talks cannot proceed while a U.S. naval blockade remains in effect. U.S. President Donald Trump has made it clear that the ceasefire deadline will not be extended and has previously stated his readiness to take military action if an agreement fails.

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

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

Middle East envoy Witkoff and former White House senior advisor Kushner have not left the United States, The New York Times reported, citing a White House official. They were scheduled to visit Pakistan as part of a U.S. delegation with Vice President Vance, but all three officials are currently in the U.S.

U.S. Federal Reserve chairman nominee Kevin Warsh said the Fed does not have the right to issue a CBDC, according to a post on X by Eleanor Terrett, host of Crypto in America. Warsh added that even if he had the authority as chairman, he would not push for the adoption of a CBDC, stating his agreement that it would be the wrong policy choice.