Live Feed

The three major U.S. stock indices opened lower today. - S&P 500: -0.21% - Nasdaq: -0.23% - Dow Jones: -0.58%

The American Bankers Association (ABA) has argued that allowing interest payments on stablecoins could lead to deposit outflows from regional banks and a subsequent reduction in local lending, according to Eleanor Terrett, host of Crypto in America. This position serves as a rebuttal to a report on stablecoins from the White House Council of Economic Advisers (CEA). The CEA had previously concluded that prohibiting crypto firms from paying interest to customers holding stablecoins would not have a significant impact on regional banks.

Foundry Digital, one of the largest mining pools by Bitcoin hashrate, has entered the Zcash (ZEC) mining market and secured 30% of the network's hashrate, CoinDesk reported. The company plans to launch a dedicated block explorer and provide institutionally-focused, regulation-compliant infrastructure.

According to EmberCN, MicroStrategy (MSTR) has an unrealized loss of $3.61 billion from its Bitcoin accumulation, while Bitmine (BMNR) has an unrealized loss of $7 billion from its Ethereum holdings. MicroStrategy currently holds 780,897 BTC, and Bitmine holds 4,874,858 ETH.

Mike Dudas, founder of crypto media outlet The Block, criticized Circle (CRCL) on X, accusing the company of evading responsibility and failing to properly address security incidents like hacks. Dudas argued that USDC could become "the world's worst" stablecoin, noting how easily it can be lost. He explained that while hackers have no trouble swapping and laundering funds after an exploit, it is nearly impossible for users to recover assets lost due to mistakes. Dudas claimed Circle is attempting to shift the responsibility for freezing funds onto real-world legal structures. This, he asserted, creates a system that benefits hackers while harming ordinary users. According to Dudas, Circle is effectively avoiding decisions to freeze funds, even in clear hacking cases, to prioritize its strategic goals of achieving regulatory compliance and securing its legislative standing. He added that no one considers USDC a decentralized dollar. His comments echo similar criticisms from on-chain analyst ZachXBT, who raised concerns after funds from the Drift (DRIFT) hack earlier this month were reportedly swapped through Circle.

Bitmine (BMNR) announced it purchased an additional 71,524 ETH ($156.35 million) last week. This marks the company's largest weekly purchase since Dec. 22, 2025. Bitmine now holds a total of 4,874,858 ETH, with 3,335,000 ETH currently being staked.

MicroStrategy (MSTR) announced it has purchased an additional 13,927 BTC for $1 billion. The company now holds a total of 780,897 BTC at an average purchase price of $75,577.

The U.S. military has implemented a naval blockade in the Gulf of Oman and the Arabian Sea east of the Strait of Hormuz, Reuters reported, citing a notice sent to sailors. The blockade applies to all vessels regardless of their flag, and the notice warned that any ship entering or leaving the zone without permission will be subject to seizure, diversion, or detention.

Atomicals Market, a marketplace for Atomicals and ARC-20, announced that it will shut down its services on April 30.

The team behind Ravedao (RAVE), which has surged approximately 3,700% over the past seven days, effectively controls about 98% of the token's total supply, crypto analyst MLM (@mlmabc) said on X. The analyst explained that an address presumed to belong to the team holds 95.3% of the supply, while Bitget addresses believed to be insiders hold another 3.1%. An additional 0.34% is held on Gate.io, which MLM also suggested is likely an insider holding. While not all exchange holders are insiders, this means the team controls over 98% of the supply, MLM argued. Consequently, the analyst stated that RAVE's effective market capitalization is around $200 million, not the more than $10 billion figure suggested by its fully diluted valuation. RAVE has a total supply of one billion tokens and a circulating supply of 248.04 million. According to CoinMarketCap, RAVE is currently trading at $9.47, up 3,747.59% over the last seven days, with a fully diluted valuation of approximately $9.47 billion.

Israeli Prime Minister Netanyahu said at a government meeting that the truce with Iran could end quickly, Walter Bloomberg reported.

Israeli Prime Minister Netanyahu has voiced support for U.S. President Donald Trump's policy of containing Iran.

An address presumed to belong to BitDigital (BTBT) has staked 29,900 ETH, worth $65.3 million, with the institutional Ethereum staking protocol Liquid Collective, Onchain Lens reported.

Circle (CRCL) CEO Jeremy Allaire has stated that the possibility of USDC being used for toll payments in the Strait of Hormuz is extremely low. At a press conference in Seoul, Allaire explained that Circle operates a highly stringent regulatory compliance infrastructure and works in close cooperation with authorities, BeInCrypto reported. He dismissed the idea, noting that sanctioned individuals tend to prefer other stablecoins and are highly unlikely to use an asset like USDC, which can be frozen immediately. The comments follow a previous Financial Times report that Iran was demanding ships passing through the strait pay tolls in Bitcoin or Chinese yuan.

HSBC's Global Payments Solutions (GPS) division announced the successful completion of a pilot for its Tokenized Deposit Service (TDS) on the Canton Network. The HSBC TDS supports five national currencies and enables features like 24/7 payments and conditional payments.

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom shows the Cumulative Volume Delta (CVD). - The top Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price lingers in a certain range or moves significantly. These brighter areas can indicate potential support or resistance levels. - The bottom CVD indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, and the brown line tracks large orders between $1 million and $10 million.

Digital asset investment products saw a net inflow of $1.1 billion last week, marking the second consecutive week of inflows and the largest weekly total since January, CoinShares reported in its weekly fund flow report. Bitcoin attracted $870 million in net inflows, while Ethereum saw $190 million. CoinShares attributed the trend to a recovery in risk-on sentiment, driven by a ceasefire agreement between the U.S. and Iran and a lower-than-expected U.S. Consumer Price Index (CPI) reading. However, the firm noted that demand for downside hedging also persists, as short Bitcoin products saw inflows of $20.2 million, the largest amount since November 2024.

South Korea's Financial Intelligence Unit (FIU) has imposed sanctions on the South Korean cryptocurrency exchange Coinone, including a three-month partial business suspension and a 5.2 billion won ($3.8 million) fine, Digital Asset reported. The regulator also issued a formal reprimand to the exchange's CEO. The suspension specifically restricts new customers from making external cryptocurrency transfers. The action follows an on-site anti-money laundering inspection conducted between April 21 and May 16 of last year. The FIU found that Coinone had violated its legal obligations under the country's Special Financial Transaction Act, including failing to prohibit transactions with unregistered virtual asset service providers and neglecting customer due diligence requirements. The agency identified a total of approximately 90,000 violations.

StarkWare, the developer of Starknet (STRK), is launching a major restructuring effort to bolster its revenue model and streamline its organization, The Block reported. The initiative will involve workforce reductions and organizational changes, alongside a push to advance its revenue-focused applications and strengthen control over its proprietary technology stack.

During a visit to Seoul, Circle (CRCL) CEO Jeremy Allaire stated that currencies without a stablecoin will be left behind in future competition. He said a Korean won stablecoin is essential for the South Korean economy to remain competitive in the global market. Allaire clarified that while Circle does not plan to issue a won-based stablecoin itself, it could provide the necessary infrastructure to companies that do. He emphasized that Circle still sees significant opportunities in South Korea, citing its stablecoin-dedicated chain, Arc, and its Circle Payments Network (CPN).

Cardano (ADA) founder Charles Hoskinson said that the crypto community's spending on parties and other events does not help boost prices, The Crypto Basic reported. He argued that one-off events contribute little to increasing a cryptocurrency's value or expanding its ecosystem. Hoskinson emphasized that building community hubs to attract new users is more effective than attending large industry events to raise awareness. His comments follow the recent rejection of a 14 million ADA event budget by a community vote.

An anonymous whale address starting with 0x5ACE has sold 2,540 ETH, worth $5.56 million, at a loss after holding the position for three months, Lookonchain reported. The address deposited the assets to Binance three hours ago, with the sale expected to result in a $2.4 million loss. Deposits to exchanges are typically interpreted as an intention to sell.

The International Monetary Fund (IMF) has reiterated its warning about the potential for bank runs on stablecoins, DL News reported. In a report titled "Making Stablecoins Stable" published this week, the IMF stated that while stablecoins offer advantages such as low transaction costs and high speed, they could pose serious risks to monetary and financial stability without adequate regulation. The report highlighted concerns that some major issuers include Bitcoin in their reserves. The IMF suggested that alternative revenue structures, such as allowing issuers to pay interest or monetize data, are needed to prevent them from relying on risky assets.

Dogecoin (DOGE) developers are experimenting with quantum-resistant transaction technology to counter the threat from quantum computers, DL News reported. The method involves embedding cryptographic fingerprints into parts of a transaction. However, a major upgrade to the chain itself is required for the entire network to achieve quantum resistance. Companies including Google have previously warned that quantum computers could neutralize the security systems of cryptocurrencies.

South Korean exchanges Upbit, Bithumb, and Coinone announced they have placed Polkadot (DOT) on their delisting watchlists. Bithumb explained that the designation follows the confirmation of a security incident, such as a hack with an unconfirmed or unaddressed cause, affecting the asset's wallet or distributed ledger.