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Stablecoins, with a market cap over $320 billion, face liquidity fragmentation akin to FX markets, complicating large transactions and execution for institutions, according to @Eco’s CEO Ryne Saxe. #Update #Crypto $USDT $USDC
A whale linked to @Fasanara Capital holds a $38M short position in $BTC, as negative futures funding rates indicate bearish sentiment despite Bitcoin’s recent gains. #Update #Crypto $BTC
US Treasury Secretary Scott Bessent announced sanctions on crypto wallets linked to Iran, freezing $344M in assets tied to the Islamic Revolutionary Guard Corps. #Breaking #Crypto $USDT
Kelp DAO was hacked for $292 million, linked to North Korea’s TraderTraitor group, marking a total of $578 million in crypto thefts this April. #Breaking #Crypto $ETH (-8) ↘
The Bitcoin community debates the timeline for cryptographically relevant quantum computers after a breakthrough in breaking a 15-bit elliptic curve cryptographic key. #Update #Crypto $BTC
The Fellowship PAC, backed by crypto supporters, withdrew a $1.75 million ad deal for Texas AG Ken Paxton amid Republican pressure, highlighting unusual dynamics in crypto-related political funding. #Update #Crypto $BTC
MetaMask co-founder Dan Finlay steps down from @ConsenSys after a decade, citing burnout, as notable crypto figures like Preston Pysh also withdraw from public roles. #Update #Crypto
Bitcoin is on track for its best monthly gains since Q4 2024, potentially closing at $77.5K in a week. #Update #Crypto $BTC
The White House confirms President Trump will address a gala for top TRUMP memecoin holders at Mar-a-Lago on April 25, amid concerns over potential conflicts of interest. #Update #Crypto $TRUMP
@Mantle, @EtherFiFoundation, @GolemFoundation, @LidoDAO, @Ethena, @LayerZero, @InkFoundation, and @Tyrdo pledged 43K $ETH to the “DeFi United” recovery effort. #Update #Crypto $ETH
Bitcoin’s rise above $79,000 suggests a potential end to the downtrend, but analysts indicate a daily close above $80,000 is necessary for confirmation. #Update #Crypto $BTC
US prosecutors charged Gannon Ken Van Dyke for allegedly profiting over $400K from trades on @Polymarket linked to the military operation in Venezuela, requesting account deletion post-trade. #Breaking #Legal $USDT
@FlyingTulip introduces a withdrawal circuit breaker to manage abnormal outflows amid rising DeFi exploits, with April losses exceeding $600 million. #Update #DeFi $ETH
Bitcoin’s funding rate turns negative as USDC reserves exceed $7.5 billion, indicating potential trader positioning against bearish trends; analysts question if BTC price will continue to rise. #Update #Crypto $BTC
