Buyers are eyeing Geminis UK and EU units for regulatory access after layoffs, overseas retrenchment, and a stock collapse.
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Market uncertainty looms as Bitcoin's rally faces skepticism, with potential volatility driven by leveraged positions and macroeconomic factors.
The post Bitcoin flirts with $72K while a whale bets $80M it won’t last appeared first on Crypto Briefing.
The improbable solo mining success highlights Bitcoin's decentralization potential, despite dominance by large mining pools.
The post Solo Bitcoin miner wins $222K after beating 1 in 100,000 odds appeared first on Crypto Briefing.
Binance Wallet integrated prediction markets through Predict.fun, letting users trade event contracts with Binance balances and no gas fees.
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BlackRock's collaboration with Galaxy Digital for its Ethereum ETF could accelerate institutional adoption of crypto staking, enhancing market trust.
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SEC Chair Paul Atkins, Treasury Secretary Scott Bessent, David Sacks Push Congress to Pass Crypto Market Structure Bill ‘Now’
Three prominent voices in finance, crypto, and policy urged Congress this week to move quickly on the Clarity Act, a long-awaited bill to define how cryptocurrencies and blockchain-based financial products operate under U.S. law.
Treasury Secretary Scott Bessent called for the Senate Banking Committee to advance the legislation to President Trump’s desk, saying that Congress has spent years debating a framework to “onshore the future of finance.”
“Senate time is precious, and now is the time to act,” Bessent said on social media, echoing points from his Wall Street Journal op-ed that argued U.S. leadership in global finance depends on clear, durable digital-asset rules.
The Clarity Act, seen as a companion to the Genius Act signed by President Trump last year, seeks to establish regulatory boundaries between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The bill defines when a token qualifies as a security, sets operating pathways for trading platforms, and introduces new anti-fraud and anti-money-laundering measures.
David Sacks, who championed last year’s Genius Act on stablecoins and is the White House’s former Crypto Czar, endorsed Bessent’s call. He said the Clarity Act would provide “rules of the road” for all other digital assets. “Secretary Bessent is right — the time to act is now. Senate Banking, and then the full Senate, should pass market structure,” Sacks wrote. He added that he expects Congress to deliver the bill for President Trump’s signature.
SEC Commissioner Paul Atkins also joined the push. “The project is designed so once Congress acts, the SEC and CFTC are ready,” Atkins said on X. “It’s time for Congress to future-proof against rogue regulators and advance comprehensive market structure legislation.”
In his op-ed, Bessent warned that the absence of clear crypto regulation has driven innovation overseas to jurisdictions like Abu Dhabi and Singapore. Without consistent U.S. rules, he wrote, developers and investors face uncertainty about registration, compliance, and enforcement.
“Nations that provide clarity attract innovation,” Bessent wrote. “The Clarity Act would restore confidence that digital-asset businesses can build and grow in the United States.”
The Genius Act last year established a framework for dollar-backed stablecoins, aligning blockchain-based payments with the U.S. dollar’s global role. The Clarity Act would extend that foundation to the broader digital-asset ecosystem, including tokenized securities, decentralized exchanges, and blockchain-based settlement systems.
Supporters argue the crypto bill would enhance financial oversight while keeping blockchain innovation — and its associated jobs and tax revenue — within U.S. borders.
By codifying legal parameters, they say, the legislation would protect investors, reduce regulatory uncertainty, and keep the U.S. at the forefront of financial technology rather than ceding ground to foreign markets.
“The United States became the world’s financial center by leading during moments of technological change,” Bessent wrote. “Passing this legislation ensures that the next generation of finance is built on American rails, backed by American institutions, and denominated in American dollars.”
Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.
This post SEC Chair Paul Atkins, Treasury Secretary Scott Bessent, David Sacks Push Congress to Pass Crypto Market Structure Bill ‘Now’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Bitcoin Depot Reports $3.7 Million Stolen in Wallet Security Breach
Bitcoin Depot disclosed that hackers stole about $3.7 million in bitcoin from company-controlled wallets after gaining access to internal credentials tied to its crypto settlement accounts.
The Nasdaq-listed crypto ATM operator said in an SEC filing on Wednesday that it detected unauthorized access to parts of its IT systems on March 23. The company said the attacker gained control of credentials linked to its digital asset settlement accounts and transferred out about 50.9 bitcoin, valued at roughly $3.66 million at the time of the theft.
Bitcoin Depot said the breach was limited to its corporate environment and did not affect customer platforms, systems or data.
“Upon detection, the Company promptly activated its incident response protocols, engaged external cybersecurity experts, and notified law enforcement,” the company said in the filing.
The company said it has recorded a preliminary loss estimate of $3.665 million, though that figure could change as the investigation continues. Bitcoin Depot added that it carries insurance that may cover part of the loss, but said there is no guarantee it will recover all stolen funds.
Bitcoin Depot operates more than 9,000 bitcoin ATMs across 47 U.S. states, making it the largest crypto ATM operator in the country. The company said it does not expect the incident to have a material impact on operations, but warned it could still face costs tied to reputation, legal matters, regulation and incident response.
The hack adds to a growing list of crypto-related security incidents this year, as the industry continues to grapple with thefts targeting exchanges, platforms and custodial services.
The disclosure also comes during a difficult stretch for Bitcoin Depot’s business.
Last month, Connecticut regulators suspended the company’s money transmission license, alleging it charged fees above the state’s 15% cap on more than 1,000 transactions. State officials said that led to about $150,000 in excess fees paid by more than 500 customers.
Bitcoin Depot also announced a leadership change last month, appointing Alex Holmes as chairman and CEO. Holmes previously led MoneyGram International and oversaw its sale to Madison Dearborn Partners.
Financially, Bitcoin Depot remains under pressure. The company reported net income of $4.7 million in 2025, down from $7.8 million in 2024. It also said it expects core business revenue to fall between 30% and 40% in 2026, citing tighter state regulations and stronger compliance standards.
The company said its fraud prevention efforts have helped protect customers, but those same measures are expected to reduce transaction volume and revenue.
Bitcoin Depot shares are trading at $2.58 today.
Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.
This post Bitcoin Depot Reports $3.7 Million Stolen in Wallet Security Breach first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine

Morgan Stanley’s Bitcoin ETF Debuts With $34 Million in Volume
Morgan Stanley has entered the spot bitcoin ETF market with the launch of its Bitcoin Trust (MSBT), adding a major new issuer to an increasingly competitive field defined by fee pressure, shifting flows, and institutional positioning.
The fund debuted with roughly $30.6 million in net inflows and about $34 million in trading volume, offering an early signal of demand from the bank’s vast wealth management network. MSBT carries a 14 basis point fee, undercutting many existing products and reinforcing a broader trend toward lower costs across the sector.
Despite the launch, U.S. spot bitcoin ETFs recorded about $94 million in net outflows on Wednesday. Large redemptions from Fidelity’s FBTC and Ark & 21Shares’ ARKB led the decline, while Grayscale’s GBTC also posted losses. BlackRock’s IBIT stood out with $40.4 million in inflows, extending its position as the dominant liquidity hub among spot bitcoin ETFs.
Market participants point to profit-taking as a key driver of the outflows. After bitcoin rebounded from near $67,800 to above $70,000 amid news of a temporary ceasefire tied to U.S. and Iran tensions, some institutional investors appear to have reduced exposure rather than add to positions.
Over the last couple of days, bitcoin price has extended its upward momentum climbing from the high $66,000 range into the low $70,000s. The asset briefly consolidated before pushing higher on positive news out of the Middle East, reaching approximately $71,900 in recent trading.
The arrival of MSBT adds another layer to the competitive landscape. Fee compression has emerged as a central theme since the first spot bitcoin ETFs launched, with issuers cutting costs to attract assets and defend market share.
Lower fees tend to favor investors, though they pressure issuer margins and raise the stakes for scale and distribution.
Even with rising competition, IBIT retains a strong position due to deep liquidity and consistent inflows. Market structure suggests that leading funds with scale may maintain pricing power, especially if they continue to dominate flows. A meaningful shift would likely require sustained outflows from incumbents or the entrance of a large new competitor with aggressive pricing and distribution reach.
Looking ahead, the trajectory of ETF flows will depend on both macro conditions and bitcoin price action. Continued volatility tied to geopolitical risk, inflation expectations, and monetary policy could shape near-term demand.
At the same time, the expansion of low-cost products such as MSBT signals that the fee war in spot bitcoin ETFs is far from over.
Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.
This post Morgan Stanley’s Bitcoin ETF Debuts With $34 Million in Volume first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Bithumb Seeks Asset Freeze to Recover Bitcoin From $40 Billion Payout Error
South Korean crypto exchange Bithumb has begun legal action to recover bitcoin distributed in error during a February promotional event, escalating a dispute with a small group of users who have refused to return the funds.
According to a report from local outlet Chosun Biz, the exchange has filed for a provisional seizure to freeze accounts holding roughly 7 BTC, valued near $500,000. The measure allows a court to secure assets before a civil lawsuit proceeds and signals that formal litigation may follow.
The incident traces back to Feb. 6, when Bithumb intended to distribute 620,000 Korean won in rewards to 249 users. A staff member entered “BTC” instead of “KRW,” triggering the system to credit accounts with 620,000 bitcoin on internal ledgers. The error briefly created the appearance of more than $40 billion in bitcoin balances on the platform.
Within minutes, some users sold portions of the credited assets or exchanged them for other cryptocurrencies before the exchange halted activity. The sudden surge in apparent supply caused the bitcoin-KRW trading pair on Bithumb to drop by about 15%, leading to losses for other traders.
Bithumb moved to reverse the transactions and has since recovered most of the funds. At one stage, about 12.3 billion won worth of bitcoin remained outstanding. That figure has now narrowed to seven bitcoin after months of outreach to affected users.
While many recipients returned the funds after being contacted, others have declined, arguing that the error originated with the company and does not require repayment. Legal experts in South Korea have taken a different view, describing the case as one of unjust enrichment, which requires recipients of mistaken transfers to return the assets.
If the case proceeds to court, users who sold the bitcoin may face additional financial exposure. Under restitution principles, they could be required to repurchase bitcoin at current market prices to return the equivalent amount, creating potential losses if prices have risen since the incident.
The episode has drawn scrutiny from regulators and lawmakers, who have questioned how the exchange executed transactions tied to non-existent balances. At the time of the error, Bithumb reportedly held far less bitcoin than the amount reflected in the mistaken distribution.
The incident has also affected Bithumb’s corporate plans, with the company delaying its anticipated initial public offering to 2028.
Bithumb has stated that it will compensate affected traders at 110% of losses linked to the price disruption and implement stronger internal controls. The exchange also plans to establish a protection fund to address future incidents.
Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.
This post Bithumb Seeks Asset Freeze to Recover Bitcoin From $40 Billion Payout Error first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine

Solo Bitcoin Miner Defies 1-in-100,000 Odds to Win $222K Block Reward
A solo bitcoin miner on the Bitcoin network has defied steep odds to successfully mine a block, securing the full reward of 3.128 BTC, valued at roughly $222,000 at current prices.
The miner solved block 944,306 early Thursday using CKpool in a solo configuration, according to data from mempool explorers. The payout consisted of the standard 3.125 BTC block subsidy, worth about $221,800, along with 0.003 BTC in transaction fees, adding roughly $212 to the total.
CKpool developer Con Kolivas confirmed the win, noting the miner operated with about 70 terahashes per second (TH/s) of computing power. That level of hashpower represents a fraction of the network and is comparable to a single Bitmain Antminer S17+ unit, a machine released in 2019.
At that scale, the probability of mining a block is extremely low. Kolivas estimated the miner faced odds of roughly 1 in 100,000 per day, translating to an expected success rate of once every several centuries. Despite those odds, the miner managed to validate the block and claim the entire reward.
The miner’s contribution accounted for approximately 0.0000069% of the network’s total hashrate, which stood near 1.02 zettahashes per second on April 9. By comparison, large public mining firms such as Bitdeer and MARA Holdings operate at tens of exahashes per second, orders of magnitude higher than the solo participant.
While CKpool functions as a mining pool, it differs from traditional pooled mining setups. Most users on the platform engage in solo mining, meaning they do not combine hashpower with others to share rewards. Instead, participants accept a lower probability of success in exchange for retaining the full block reward if they find one, minus a small fee paid to the pool operator.
This approach removes the need for bitcoin miners to maintain independent infrastructure while preserving the upside of solo mining. It also highlights the lottery-like nature of block discovery for smaller participants.
The latest success follows a similar event just days earlier, when another solo bitcoin miner using CKpool earned roughly $210,000 after mining block 943,411. That miner operated with higher hashpower and faced odds closer to 1 in 28,000 per day.
Such outcomes remain rare but not unprecedented. Solo miners have occasionally secured full rewards despite minimal computational resources, reinforcing the probabilistic structure of Bitcoin mining, where any participant with hashpower retains a nonzero chance of success.
Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.
This post Solo Bitcoin Miner Defies 1-in-100,000 Odds to Win $222K Block Reward first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
The U.S. economy entered 2026 with far less momentum than markets had priced in a few months earlier. According to the Bureau of Economic Analysis, fourth quarter 2025 GDP growth was revised down to 0.5%, a sharp step down from the 4.4% pace recorded in the third quarter.
On its own, that revision would usually support the view that the Federal Reserve is moving closer to rate cuts. The problem is that inflation has not cooled enough to give policymakers much room.
New PCE data released today shows headline inflation at 2.8% year-over-year in February, with core PCE at 3.0%. Monthly gains in both measures came in at 0.4%, a pace that still points to sticky price pressure rather than a fast return to the Fed’s 2% target.
That combination has become the real macro question for Bitcoin and the broader crypto market. Investors are dealing with an economy losing steam, while inflation remains firm enough to keep the Fed cautious.
The gap between the two trends has begun to shape the risk environment. It shapes the path of Treasury yields, the pricing of future rate cuts, and the willingness of investors to keep allocating into risk assets.
Bitcoin has already shown that it can attract capital amid difficult macro conditions, especially when exchange-traded fund demand remains firm, and supply remains structurally constrained. Even so, weaker growth does not automatically produce an easier backdrop for crypto.
The transmission channel runs through yields, liquidity, and confidence in the policy path.
| Metric | Most recent | Previous benchmark |
|---|---|---|
| U.S. real GDP growth, annualized | Q4 2025: 0.5% | Q3 2025: 4.4% |
| PCE inflation, YoY | Feb. 2026: 2.8% | Jan. 2026: 2.8% |
| Core PCE inflation, YoY | Feb. 2026: 3.0% | Jan. 2026: 3.1% |
| Bitcoin price | $72,129 | 24h: +1.20%, 7d: +7.84%, 30d: +1.43% |

As of press time, April 9, CryptoSlate’s Bitcoin price page has BTC trading at $71,201, down 0.72% over 24 hours, up 7.60% over seven days, and up 0.99% over the past month. That profile captures the current market state well.
Bitcoin has bounced, while the move has unfolded inside a macro environment that still feels unresolved. A weak GDP revision can appear to be a simple recession signal at first glance.
The larger point sits elsewhere. The downgrade landed at the same time that inflation remained elevated enough to keep the usual rescue mechanism out of immediate reach.
For Bitcoin, the next move still depends less on one growth print and more on whether incoming data can push rates and real yields lower in a durable way.
The 0.5% GDP reading challenged the idea that the U.S. economy was moving through a controlled slowdown with enough resilience to absorb tight policy and enough disinflation to bring borrowing costs down in an orderly way.
The sequence of official estimates, from the advance release to the second estimate and then the third estimate, showed a clear erosion of confidence around late-2025 growth. Markets can usually absorb a weak quarter when inflation is cooling fast enough for the Fed to step in.
This time, the inflation side of the equation has stayed stubborn enough to keep that path uncertain.
February’s PCE report intensified that problem. Headline PCE met expectations at 2.8% year over year, and core PCE came in slightly cooler than expected at 3.0% against a 3.1% consensus.
The monthly details were less comforting. Both headline and core increased 0.4% from the prior month, a pace that still leaves inflation running above where the Fed would want it if the central bank were preparing to pivot aggressively.
That is why the GDP revision and the inflation print belong in the same frame. The growth slowdown points toward easier policy. The inflation data keeps that outcome conditional.
That tension also explains why the market response has been more complex than a standard reaction in which weak growth lifts hopes for faster easing. Treasury yields remain elevated enough to keep financial conditions restrictive.
The 10-year Treasury yield hovered around 4.3% after the GDP and PCE releases, while real yields have stayed high enough to preserve competition from safer assets. For Bitcoin, that creates a meaningful constraint.
Investors can still earn solid nominal and inflation-adjusted returns in traditional fixed income, which raises the hurdle for non-yielding assets. CryptoSlate recently framed this dynamic directly in its analysis of how Bitcoin trades real yields first.
That remains the clearest transmission mechanism here.
The labor market has added another layer to the picture. The latest BLS employment report showed March payroll growth of 178,000 and unemployment near 4.3%.
Weekly claims have moved higher at the margin, with the Department of Labor showing 219,000 initial jobless claims, yet the broader labor backdrop still looks resilient enough to give the Fed cover to wait. A labor market that is softening slowly, rather than cracking quickly, supports the case for policy patience.
Markets are therefore dealing with two incomplete signals at once: weaker growth and inflation that is still warm enough to keep caution in place.
For households, the practical consequence is straightforward. The economy is slowing, household costs still feel high, and interest-rate relief may take longer than many expected.
Mortgage rates, credit card costs, and consumer financing conditions all sit downstream of that same tension. Bitcoin enters this setup as a market that often benefits from looser liquidity, lower real interest rates, and a stronger appetite for alternative stores of value.
Those supports are only partially present right now. The GDP downgrade made the soft-landing narrative harder to defend.
It did not, on its own, deliver a clear all-clear for risk assets.

Bitcoin’s recent price behavior reflects that ambiguity. The asset has recovered enough to show that demand remains real, yet the move has not carried the kind of decisive follow-through that would signal a fully restored risk-on backdrop.
According to CryptoSlate’s BTC market data, the coin is up strongly on the week while remaining almost flat over the past month. That mix suggests a market willing to respond to supportive flows and tactical optimism, while still respecting that macro conditions have not yet resolved into a clearer pro-risk regime.
One reason Bitcoin has held up is the continuing support from spot ETFs. Spot Bitcoin ETFs drew roughly $470 million on April 6, one of the strongest inflow days of the year.
Those flows provide an important counterweight to macro pressure because they create a persistent source of demand from investors who are allocating through regulated products rather than trading short-term volatility directly on crypto-native venues. ETF demand does not erase macro risk.
It does change the asset's resilience profile. A market with real institutional inflows can absorb more pressure than one driven purely by speculative leverage.
Still, the next phase depends on whether the slowdown becomes a rates story or a stagflation story. The distinction is critical.
A rates story would involve weaker growth gradually pulling yields and policy expectations lower, thereby improving the environment for Bitcoin, growth equities, and other duration-sensitive assets. A stagflation story would involve weaker growth alongside sticky inflation pressure that even re-accelerates, leaving the Fed constrained and risk assets facing a more difficult backdrop.
CryptoSlate’s recent explainer on why stagflation is becoming a market word again is useful here because it translates the jargon into something people already understand: costs stay high while the economy feels weaker.
That is where the outside-world collision becomes more important than any single crypto-specific catalyst. Energy is back in the macro conversation.
CryptoSlate recently noted that oil risk and reduced rate-cut expectations are starting to converge in the market narrative. If energy price pressures feed through into inflation expectations, the growth slowdown becomes harder for risk assets to celebrate.
The same weak GDP print that might usually lift hopes for faster easing could instead deepen concern that the Fed is losing room to respond.
Bitcoin fits into this environment through several layers. The first layer is policy expectations, which govern the path of front-end rates and shape broader liquidity conditions.
The second layer is real yields, which influence the opportunity cost of holding BTC. The third layer is structural crypto demand, particularly ETF inflows and spot accumulation. The fourth layer is risk sentiment, which determines whether markets interpret incoming data as easing-friendly or growth-threatening.
Bitcoin can perform well when one or two of those layers improve. Sustained upside usually becomes easier when three or more align.
Right now, structural demand looks constructive, while policy and rates remain mixed. That is why the market still feels lively rather than settled.
The slowdown has opened the door to a more supportive macro path for Bitcoin. The inflation data has kept that door only partially open.
The next test has a clearer roadmap; inflation, yields, ETF flows, and the incoming growth data will tell markets whether the 0.5% GDP print was a late-2025 air pocket or the start of something more durable.

The next quarter has enough scheduled data to force that choice. The immediate checkpoints are the next inflation releases, the April Federal Reserve meeting, and the first estimate of the first quarter GDP.
The Atlanta Fed’s GDPNow model will shape expectations into that report, while the Cleveland Fed’s inflation nowcast offers a live look at how sticky price pressure may remain before the official numbers arrive. These indicators keep the focus on what changes next rather than on a backward-looking debate over whether fourth-quarter weakness was large or merely surprising.
A constructive scenario for Bitcoin would start with a renewed disinflation trend. That could come from softer monthly CPI and PCE readings, easing energy pressure, or clearer signs that demand is cooling without a deep labor-market break.
In that setup, yields would have room to fall, Fed cuts would move closer in the market’s calendar, and Bitcoin would gain from a lower-rate environment while still enjoying structural support from ETF demand. The Federal Reserve’s March Summary of Economic Projections still points to 2.4% GDP growth in 2026, 2.7% PCE inflation, and a year-end fed funds rate of 3.4%.
Those numbers show that the official baseline still leans toward a slower but intact expansion. If incoming data moves in that direction, the current growth scare could become a bridge to easier conditions rather than a warning of broader deterioration.
A more difficult scenario would involve inflation staying close to current levels or moving higher again, especially if oil or other supply-driven pressures keep monthly prints firm. In that case, the growth slowdown would feel less like an invitation for policy relief and more like a constraint on the Fed.
Bitcoin could still attract demand as a scarce asset and as a hedge against long-term policy stress, yet the first-order market reaction would likely stay tied to broader risk sentiment. High real yields and delayed rate-cut expectations would continue to compete with the bullish structural case coming from ETFs and long-term accumulation.
There is also a middle path, and it may be the most realistic one over the next several weeks. Growth could stay soft without collapsing, inflation could cool slowly without offering immediate comfort, and Bitcoin could continue to grind inside a range where each positive impulse meets a macro counterweight.
That kind of market often frustrates directional conviction while still rewarding selective accumulation. It also tends to favor disciplined interpretation over dramatic conclusions.
The broader global backdrop reinforces the need for balance. The IMF’s latest World Economic Outlook update still projects global growth of 3.3% in 2026.
That keeps the U.S. slowdown in perspective. It is a serious signal, especially because it coincides with inflation that remains above target, yet it has not become a full-system global break.
Bitcoin sits in the middle of that distinction. It remains exposed to macro tightening and sensitive to real yields, while also benefiting from stronger market infrastructure, deeper institutional access, and a structural demand base that did not exist in prior cycles.
One conclusion stands above the rest. The GDP downgrade exposed real weakness in the soft-landing narrative.
The inflation data kept the Fed from offering immediate reassurance. Bitcoin is therefore trading an unresolved macro contradiction, one that will likely be settled by the next sequence of inflation, labor, and growth data rather than by today’s revision alone.
Growth has slowed sharply, inflation still has a grip on policy, and Bitcoin’s next sustained move will depend on which side of that tension gives way first.
The post The U.S. economy almost stalled, but inflation still stayed too hot for an easy Fed rescue appeared first on CryptoSlate.
Bitcoin’s rebound to around $71,000 has reignited a familiar bullish conversation about price, liquidity, and positioning. It has also exposed a less comfortable fact inside the network itself.
The fee market has barely moved.
For a market that still treats on-chain congestion as a sign of organic demand, that divergence deserves more attention than another recap of macro tailwinds or ETF flow streaks.
On CryptoSlate’s Bitcoin price page, BTC was last trading at $70,990 on April 9, down 0.86% over 24 hours, up 6.11% over seven days, and up 0.85% over 30 days.
Price has clearly recovered from the lower end of its recent range, while the base layer still looks calm, cheap, and uncrowded.
The disconnect says something important about where this move is actually happening. More Bitcoin demand is being expressed through financial wrappers, broker channels, and ETF rails than through users competing for block space on-chain.
The price move can still be durable under that setup. The signal it sends is different.
A recent Bitcoin block space report covering March 19 to March 26 found that the median fee rate opened at 1.13 sat/vB and remained at 1.00 sat/vB for the rest of the week. In practical terms, that is floor pricing.
Users were still able to get confirmed without paying up for scarce space. Across 1,028 blocks, the report counted just 18.03 BTC in total fees, or roughly 0.0175 BTC per block.
Even more striking, those fees accounted for only 0.56% of miner revenue for the week, compared with 3,212.5 BTC from subsidy.
Those numbers are unusually soft for a market trading back around $71,000. Earlier cycle logic conditioned the market to expect a rising Bitcoin price to coincide with busier blocks, more contested inclusion, and a fee market that starts climbing before most people notice.
That reflex still shapes how many crypto participants interpret demand. The current market is sending a different message.
Price can recover even while on-chain urgency remains muted.
One reason the fee market looks so subdued is that Bitcoin has already lost one of the speculative demand engines that distorted block-space pricing in prior phases. Ordinals and other inscriptions once created a visible burst of non-monetary demand for inclusion, while the Runes launch briefly did the same on an even larger scale around the 2024 halving.
That impulse has faded materially. The chain is no longer dealing with the same inscription-driven scramble for block space, which means today’s low-fee environment is not just a story about healthy efficiency or quiet user behavior.
It also reflects the absence of a category that had previously inflated transaction counts and put pressure on fees.
That context helps explain why a rebound in BTC can coexist with such a soft fee backdrop. Earlier in the cycle, Ordinals, inscriptions, and later Runes gave miners an extra revenue stream and gave observers a reason to treat mempool stress as proof of expanding demand.
Today, that support looks much thinner. The speculative traffic that once crowded the chain has cooled, leaving Bitcoin more dependent on either organic settlement demand or price-led financial flows to do the heavy lifting.
In that sense, it's also about what has already left the building.
Part of that dynamic comes from the fact that the pipes carrying demand have changed. A buyer using a spot ETF, a broker product, or a treasury vehicle can push capital into Bitcoin exposure without creating the same base-layer footprint as a user moving coins directly across the chain.
That distinction has grown more important as Bitcoin access has become more financialized. Farside’s daily ETF flow data showed a $471.4 million inflow on April 6, followed by outflows of $159.1 million on April 7 and $124.5 million on April 8.
The day-to-day swings were relatively modest, yet the broader point is that flows through these wrappers remain an active transmission channel for demand. Spot Bitcoin ETFs recorded $1.3 billion in net inflows for the month, the first positive month since October.
That is the hidden mechanism behind the current divergence. Bitcoin demand is being split across two systems.
One system moves price through funds, adviser platforms, and broker access. The other system moves transactions through the blockchain itself.
Right now, the first system looks more active than the second. That leaves the fee market looking sleepy even as the asset itself regains altitude.
The result is a rebound that feels bullish on screens, while the network’s own pricing of block space remains subdued. That combination carries a different implication than a full-on-chain revival.
It suggests the recovery has broad distribution through financial rails, while direct pressure on Bitcoin’s settlement layer remains limited. For anyone still treating mempool stress as a simple proxy for demand, the current setup is a reminder that the market structure around Bitcoin has changed faster than many of the instincts people still use to interpret it.
Glassnode’s April 1 weekly market note described Bitcoin as rangebound between $60,000 and $70,000 and argued that spot demand was showing early signs of absorption, while still lacking the conviction needed for a sustained breakout. Glassnode also flagged dense overhead supply between $80,000 and $126,000.
That range framework fits the current divergence well. Bitcoin has bounced, yet the fee market has not repriced to indicate broad urgency, widespread settlement demand, or a sudden scramble for base-layer access.

A separate report citing Glassnode data on March fee activity said Bitcoin’s 30-day simple moving average for daily transaction fees had fallen to 2.5 BTC per day in March 2026. The article described that as the lowest level since March 2011.
The precise historical framing requires caution until the underlying primary chart is checked directly, yet the directional message lines up with the broader evidence. Fee conditions have tightened significantly, and they have stayed tight even as BTC regained ground.
That compression creates an important divide between price strength and network monetization. Users get a friendlier chain. Miners get very little incremental revenue from transaction demand.
After the halving, that revenue mix carries more weight than it did when the subsidy was doing even more of the work. The March 19 to March 26 block space report quantified the issue cleanly, with fees contributing just 0.56% of miner revenue for the week.
For miners, a rally that does not trigger a fee response still helps through price, while leaving the network’s internal revenue base largely unchanged.
The difference becomes easier to see once Bitcoin is framed as both an asset and a network, with each side expressing demand in different ways. The asset side benefits from ETF adoption, adviser access, treasury accumulation, and improved risk appetite.
The network side benefits from actual users, transfers, settlements, and transactions that compete for limited capacity. These two layers can reinforce each other.
They can also drift apart for meaningful stretches. That is where the market sits now.
There is also a practical point in the current setup. A calm mempool does not automatically translate into weak Bitcoin.
It suggests that the rebound offers less evidence of resurgent on-chain intensity than the price alone might imply. A base-layer fee response would indicate that financial demand was spilling over into actual settlement contention.
Without that response, a different interpretation moves closer to the center: one in which Wall Street distribution is doing more of the immediate lifting than users transacting natively on-chain.
That outside-world collision gives the current divergence its explanatory power. Bitcoin is increasingly embedded in mainstream financial plumbing.
Morgan Stanley has just launched a low-fee spot Bitcoin ETF, and Charles Schwab is preparing direct spot Bitcoin and Ethereum trading by mid-2026. The access channels around Bitcoin continue to widen.
As they widen, price can move along those rails long before the mempool signals a similar demand pulse.
The immediate question is whether the current divergence is temporary or structural. There are credible arguments on both sides, and the next few weeks should help narrow the range of plausible outcomes.
The first path is a continuation of the current pattern. ETF and broker demand continue to support the price; Bitcoin holds near the upper end of its recent range, and fee rates remain close to the floor.
That would strengthen the case that this rebound is being carried primarily by wrapper-led flows rather than a broad-based return of native transaction demand. It would also reinforce the idea that price can recover through distribution and access to capital, while the chain’s own fee market remains calm.
The second path is a catch-up move in block-space demand. If the price recovery begins to spill over into actual transaction competition, the market should start to see higher fee estimates, deeper backlogs, more sustained pressure in the mempool, and a larger fee share in miner revenue.
That shift would change the interpretation of the rally. It would suggest that the move is spreading from exposure into usage, which would give the recovery a different kind of durability.
The third path would leave the current divergence looking more like a warning than a curiosity. If ETF flows roll over again, price slips back into the lower half of Glassnode’s recent range, and fee conditions still stay weak, the market will have stronger grounds to treat the rebound as a positioning move that never developed into broader transactional demand.
In that setup, the mempool’s quietness would stop looking incidental and start looking diagnostic.
A fourth path sits closer to miner economics than price direction. If fees remain this subdued while miners continue operating in a post-halving environment, attention will shift toward how the network is being monetized.
CoinShares’ Q1 2026 mining report described the final quarter of 2025 as the toughest quarter for miners since the 2024 halving, with a sharp price drawdown and near-record hashrate weighing on margins. A prolonged stretch of low fees would keep that pressure in focus.
Price appreciation helps, while a broader fee contribution would help more.
That is why the fee market deserves to sit much closer to the center of the current Bitcoin conversation. A move back toward $71,000 is meaningful.
It also leaves an open question. Where, exactly, is the demand becoming real?
Right now, the strongest answer is that demand is becoming real in financial products faster than it is in Bitcoin’s own block space.
That carries a measured but important implication for how this market should be understood. The rebound has gained traction through the channels Bitcoin spent years trying to enter: funds, advisers, brokers, and mainstream portfolio plumbing.
The blockchain itself has yet to show the same urgency in its pricing of access. For anyone watching Bitcoin as both a monetary asset and a network, that gap is the signal.
The market has moved higher. The chain has barely flinched.
The next round of evidence will come from whether that calm finally breaks, or whether Bitcoin’s most powerful demand engine now lives one layer removed from Bitcoin itself.
The post Bitcoin on-chain activity is a ghost town with price being controlled by corporate products appeared first on CryptoSlate.
Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles.
However, a close look at the enterprise software company's legally binding regulatory filings tells a much redder story: under standard accounting rules, the firm is nursing a multi-billion dollar unrealized loss, and its aggregate Bitcoin stack sits firmly underwater.
Despite the paper losses, the company shows no signs of slowing. Armed with a highly liquid capital markets engine, Strategy continues to issue equity to fund massive daily purchases, completely unfazed by the disconnect between its curated corporate dashboard and its sobering regulatory reality.
By its own metrics, Strategy’s Bitcoin treasury playbook is flawless despite the prevailing bear market situation in the broader crypto market.
On X, the company said its BTC purchasing strategy has generated nearly $1.7 billion in Bitcoin gains since January this year.

That metric caps off a historic accumulation streak that has fundamentally warped the crypto market's supply dynamics.
Notably, Strategy disclosed that it has acquired an astonishing 2.2 times the newly mined Bitcoin supply over the period. This equates to more than 94,000 BTC since the beginning of the year.
To quantify this, Strategy's management points to two proprietary metrics: “BTC Yield” and “BTC Gain.” Strategy reports achieving a BTC Yield of 3.7% this year, generating a BTC Gain of 24,675 coins (roughly $1.7 billion).
For retail investors and crypto advocates, these figures are definitive proof that the company’s leveraged accumulation strategy is working.
Strategy’s Bitcoin gain metric is designed to reward balance-sheet expansion on a per-share basis. In its annual report, the company says BTC Yield measures the percentage change in Bitcoin Per Share (BPS) from the beginning to the end of a period.
BTC Gain then converts that percentage change into an absolute Bitcoin figure by multiplying the amount of Bitcoin held at the start of the period by BTC Yield. BTC $ Gain goes one step further by multiplying BTC Gain by the market price of Bitcoin.
However, the transition from the company's marketing materials to its Securities and Exchange Commission filings, and the $1.7 billion gain, is eclipsed by a staggering accounting deficit.
Strategy's quarter-end filing states the firm recorded a $14.46 billion unrealized loss on its digital assets for the three months ended March 31.
Under the fair-value accounting rules adopted in January 2025, market price fluctuations must flow directly through the income statement. Because Bitcoin's price slipped between year-end and March 31, Strategy was forced to slash the official carrying value of its digital assets from $58.85 billion down to $51.65 billion.
Beyond the quarter-end accounting losses, the company’s aggregate cost basis is also underwater. Strategy bought heavily into a weakening market through the first quarter, pushing its total holdings to 766,970 BTC. The total acquisition cost was $58.02 billion, averaging $75,644 per coin.
With Bitcoin currently trading near $71,192, that reserve is worth approximately $54.60 billion, placing the company roughly $3.41 billion below its aggregate cost.

Despite billions in paper losses and an average purchase price that exceeds the open market value, Strategy insists it will not sell a single coin. Instead, it is doubling down.
The ultimate proof of the market's willingness to fund this conviction lies in the company's STRC preferred stock issuance.
STRC is a high-yield credit structure that pays an 11.5% annual dividend. The asset is designed to trade closely to its par value of $100, and Strategy can efficiently leverage its at-the-market (ATM) issuance program to fund aggressive Bitcoin acquisitions.
In fact, STRC.live estimates show that STRC saw its daily volume reach $333 million, the seventh-highest trading volume since launch, on April 8. This day's trading could fund the purchase of more than 2,000 additional Bitcoins.
The numbers are a critical indicator of financial health for Strategy's specific playbook, signaling that demand for the firm's equity remains bottomless.
As long as Wall Street eagerly absorbs equity offerings at a stable valuation, Strategy faces no immediate pressure to halt its operations.
The company’s own disclosures show why the dashboard metric and the ongoing buying streak do not settle the larger balance-sheet question.
Strategy acknowledges that its Bitcoin KPIs do not take into account existing and future liabilities, nor the preferential rights of preferred stockholders to dividends and assets in a liquidation scenario.
The annual report adds that purchases financed with non-convertible notes or preferred stock can simultaneously artificially lift BTC Yield, BTC Gain, and BTC $ Gain while also increasing overall indebtedness and senior claims on the asset pool.
That qualification has become increasingly important as the capital structure expands. Strategy said in February that it had established a $2.25 billion USD Reserve providing about 2.5 years of dividend and interest coverage.
However, STRC has scaled to a $3.4 billion market cap, and cumulative preferred distributions paid had reached $413 million at a blended annual rate of 9.6%.
Crucially, the annual report explicitly states that the software business is not expected to generate sufficient operating cash flow over the next 12 months to meet the company’s financial obligations and liquidity needs, meaning that continuous financing remains the lifeblood of the model.
This means that a significant decline in the market value of Strategy's Bitcoin holdings, or a negative shift in investor sentiment and financing conditions, could impair the firm's ability to raise enough equity or debt financing to meet obligations.
These risks are most likely to materialize when Bitcoin is trading below its carrying value or cost basis. If the company cannot secure financing in time or on acceptable terms, Strategy has conceded that it may be required to sell Bitcoin to satisfy financial obligations or liquidity needs.
For now, the machine is still running. Strategy is adding Bitcoin, the marketing dashboard still shows positive Bitcoin gain, and STRC remains anchored near par while supplying fresh capital.
The post Strategy made nearly $2 billion on Bitcoin this year but SEC filing hides a far bigger number appeared first on CryptoSlate.
On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day.
The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows.
Speaking on this performance, Bloomberg ETF analyst Eric Balchunas noted that MSBT's achievement comfortably places it among the top 1% of all ETF launches over the past year.
For comparison, the vast majority of newly launched ETFs across all asset classes average $1 million or less on their first day of trading.
Meanwhile, the performance is particularly notable given the broader market context. On its first trading day, the broader Bitcoin ETF sector saw $124 million in outflows, with only MSBT and BlackRock’s iShares Bitcoin Trust (IBIT) managing to register positive inflows.

This underscores the immediate market traction of Morgan Stanley’s offering and signals a potential shift in how institutional capital flows into the sector.
With this launch, Morgan Stanley became the first major United States bank to issue a spot Bitcoin ETF under its own name, breaking the ice for traditional financial institutions that had previously remained on the sidelines.
The Wall Street heavyweight isn't just relying on its century-old brand prestige; it has deliberately ignited a fierce fee war in the Bitcoin ETF market.
MSBT charges a unitary delegated sponsor fee of 0.14%, making it the absolute cheapest spot Bitcoin ETF available to American investors today. This aggressively undercuts the market-leading IBIT, which currently charges a 0.25% expense ratio, and Grayscale’s Bitcoin Mini Trust ETF at 0.15%.
Industry experts note that this rock-bottom fee structure may force other established asset managers to slash their own expense ratios to remain competitive, echoing the wave of fee waivers and aggressive undercutting seen when the first slate of 10 spot funds debuted in early 2024.
The low cost of MSBT presents a compelling mathematical argument for fee-conscious institutional allocators.
Despite the cheap fees, market observers have noted that Morgan Stanley’s true competitive moat rests on its unparalleled distribution network.
The firm employs approximately 16,000 wealth management advisors who oversee a staggering pool of client wealth, with estimates placing firmwide client assets at up to $9.3 trillion and those directly managed by the wealth advisory arm at $6.2 trillion.
Nate Geraci, president of NovaDius Wealth Management, emphasized that distribution is “king in the ETF space.” He noted that combining Morgan Stanley’s vast advisor network with the industry’s lowest fee creates a remarkably strong formula for massive asset gathering.
For growth-oriented portfolios, the firm's advisors are currently recommending a 2% to 4% allocation to Bitcoin, while advising a strict 0% allocation for conservative and income-focused portfolios.
This systematic, firm-endorsed integration into traditional portfolio construction signals a monumental shift in how legacy finance views and utilizes digital assets.
Behind the scenes, MSBT operates strictly on institutional-grade infrastructure. The fund seeks to track the asset's performance as measured by the CoinDesk Bitcoin Benchmark 4PM NY Settlement Rate.
To ensure security and operational efficiency, Morgan Stanley tapped Coinbase and BNY to provide digital asset custody services, with BNY additionally serving as the administrator handling accounting, recordkeeping, and cash management.
Amy Oldenburg, head of digital asset strategy at Morgan Stanley, captured the firm's thesis, noting that MSBT reflects a firmwide approach to “thoughtfully building digital asset capabilities grounded in traditional governance and market infrastructure that seeks to meet long-term client needs.”
This measured institutional approach aligns seamlessly with the current macroeconomic backdrop.
Bitcoin’s newest traditional finance wrapper arrives as the underlying digital asset consolidates near the crucial $70,000 level.
This represents a healthy cooling-off period following the cryptocurrency's most recent all-time high above $126,000, presenting a potential accumulation window for traditional capital that may have missed the earlier, retail-driven run-up.
Investor interest in risky assets got off to a slightly sluggish start in 2026, though demand for Bitcoin ETFs showed signs of recovery. The nine funds saw $1.3 billion in aggregate inflows in March, pushing cumulative assets across all American Bitcoin ETFs past the $90 billion mark.
Still, Balchunas predicts the MSBT fund could eventually amass $5 billion in assets under management in its first year of operation.
Despite the monumental launch and strategic advantages, questions remain about whether MSBT can truly topple the established early movers.
BlackRock currently dominates the space, holding over $55 billion in net assets in its IBIT fund. When asked if MSBT could eventually surpass BlackRock's behemoth, Balchunas was blunt, saying:
“Outside of a miracle, no.”
Whether MSBT can sustain its initial momentum against IBIT’s deep liquidity and dominance of the options market will ultimately determine whether Wall Street’s direct entry fundamentally reshapes the competitive balance.
But for now, the arrival of a legacy titan into the arena stands as undeniable confirmation of BTC's permanent fixture in traditional finance.
The post Morgan Stanley’s new Bitcoin ETF buys 430 BTC on debut, raising pressure on BlackRock’s IBIT appeared first on CryptoSlate.
The Ethereum Foundation (EF) announced on Apr. 8 that it would convert 5,000 ETH into stablecoins through CoWSwap’s TWAP feature to fund research, grants, and donations.
The announcement reopened a debate over what the foundation’s treasury overhaul was ever meant to accomplish. Over the last year, EF moved treasury assets into DeFi, borrowed against ETH collateral, and then launched a staking initiative centered on about 70,000 ETH.
The reality described in EF’s June 2025 treasury policy suggested a different model. It tied monetization to a fiat-denominated operating buffer and kept ETH sales, staking, and stablecoin borrowing inside the same treasury framework.
On Feb. 13, 2025, EF Treasury said it had deployed 45,000 ETH across Spark, Aave Prime, Aave Core, and Compound. On May 29, it borrowed $2 million in GHO against its Aave position.
The move carried symbolic weight because it showed EF using DeFi rails to raise working capital without selling spot ETH.
By early April, that interpretation had filtered into retail discourse, as a Reddit post argued that EF was “no longer selling.” One commenter replied that “it’s good that they stopped selling.”

Despite anecdotal evidence, this kind of chatter shows how the stronger version of the thesis had already entered circulation before EF announced the Apr. 8 conversion.
As EF launched its staking initiative on Feb. 24, it said it would stake 70,000 ETH, with rewards routed back to the treasury.
On Mar. 14, it finalized a 5,000 ETH OTC sale to BitMine at an average price of $2,042.96. On Apr. 3, on-chain activity pushed the staked total to roughly 69,500 ETH, close to the target. Then came the Apr. 8 CoWSwap conversion, highlighting that selling and staking had already been operating side by side for weeks.
At an ETH price around $2,220.76, a 5,000 ETH conversion equals about $11.1 million, while ETH staking reference rates in early April sat around 2.73% to 3.00%.
Applied to 70,000 ETH, that produces roughly 1,912 to 2,102 ETH a year, worth about $4.25 million to $4.67 million at current prices. A single 5,000 ETH sale equals about 2.4 to 2.6 times the full-year yield from the entire 70,000 ETH staking sleeve.
The staking program improves treasury efficiency and reduces funding requirements, but it remains well below the scale needed to replace treasury sales.

The EF June 2025 framework set annual opex at 15% of treasury and the operating buffer at 2.5 years, which implies a fiat-denominated reserve equal to 37.5% of treasury.
Applied only as an illustration to EF’s last full treasury snapshot, the Oct. 31, 2024, report showed $970.2 million in total treasury and $181.5 million in non-crypto assets, implying a policy target reserve of about $363.8 million.
EF had already publicly added stablecoin exposure after that snapshot, deploying 2,400 ETH and about $6 million in stablecoins into Morpho in October 2025, and it later announced additional ETH-to-stablecoin conversions in October 2025 and April 2026.
The exact current size of EF’s fiat-like bucket and whether tokenized RWA holdings have already been added in material size are still unknown. So the 2024 snapshot should still be treated as illustrative rather than as a stand-in for today’s balance sheet.
EF’s own allocation update showed $32.6 million in grants for the first quarter of 2025. At today’s ETH price, that equals roughly 14,700 ETH. The Apr. 8 conversion covers only about 33% of that quarter’s grant total, excluding protocol research, staffing, operations, and broader industry support.
Yield and borrowing leave the fiat-denominated budget intact and still require periodic monetization.
The bull case for EF rests on straightforward treasury arithmetic, as a higher ETH price and a lower long-run opex ratio would allow the foundation to maintain its dollar buffer while monetizing fewer coins.
| Scenario | What changes | Likely treasury effect |
|---|---|---|
| Bull case | ETH price rises, long-run opex ratio falls | Fewer coins need to be sold to maintain fiat buffer |
| Base case | Mixed strategy continues | Staking, DeFi, borrowing, and periodic sales coexist |
| Bear case | ETH price weakens, spending pressure rises | More ETH may need to be monetized to preserve runway |
| Key implication | Reserve target stays fiat-denominated | “Less selling” narrative breaks down if ETH falls |
In that setting, staking rewards and selective borrowing can reduce quarterly sales and give EF more flexibility around venue choice, whether through OTC blocks, TWAP execution, or conservative DeFi positions.
Treasury modernization would then show up in lower cadence, smaller clips, and better execution.
The bear case runs through the same framework in reverse, as EF’s reserve target is denominated in fiat terms.
A weaker ETH price can force more monetization to preserve runway, especially if the foundation leans into its counter-cyclical mandate and spends more aggressively during harder market conditions.
Under that setup, a large staking sleeve still generates yield, but the reserve requirement can rise faster than that yield offsets it.
Public expectations built around “less selling” then collide with the balance-sheet discipline EF had already written into policy.
The Apr. 8 conversion brought that discipline back into view. EF’s treasury strategy had already combined DeFi deployment, stablecoin borrowing, staking, and periodic ETH sales.
The market narrative extended beyond the written policy and beyond the foundation’s own post-staking transaction record.
The post Ethereum Foundation keeps selling ETH after telling the market it was staking 70,000 coins appeared first on CryptoSlate.
Global markets are entering a critical phase as oil prices surge back above the $100 mark. This move is not just a headline — it is a macro shock that is already impacting equities, bonds, and crypto markets alike.
The rise in oil is driven by escalating tensions around the Strait of Hormuz, a key global energy route. Even limited disruptions are enough to tighten supply expectations and push prices higher.
👉 And crypto is reacting — but not fully yet.
Bitcoin is holding above $70,000, while Ethereum and altcoins are showing mild weakness. This suggests hesitation rather than panic — a market waiting for confirmation.
At first glance, oil and crypto may seem unrelated. In reality, they are now deeply connected through macroeconomic conditions.
Here’s the chain reaction:
👉 This is the exact environment we are entering.
With oil back above $100, inflation could remain elevated longer than expected — forcing the Federal Reserve to maintain restrictive policies.

For crypto, this is not bullish in the short term.
Recent economic data reinforces this narrative:
👉 This creates a dangerous mix:
This is the definition of a stagflation-like environment, which historically puts pressure on risk assets.
Despite these developments, crypto markets are not crashing.
👉 This is not a panic — it’s positioning.
Markets are waiting for a clearer signal, especially from institutional flows that will return with full force when traditional markets reopen.
The current market conditions are deceptive.
Over the weekend, liquidity is lower, and price movements can be misleading. The real reaction will likely happen when Wall Street fully digests the macro situation.
👉 Monday becomes a key catalyst.
Institutions will react to:
This could trigger a strong directional move in crypto.
If macro pressure increases:
If markets stabilize:
👉 A break in either direction could define the next trend.
This cycle is different.
Crypto is no longer driven purely by internal narratives like halving cycles or token launches.
Instead, it is increasingly reacting to:
👉 In short: crypto has become a macro-sensitive asset.
The return of $100 oil is not just an energy story — it is a warning signal for global markets.
For crypto, this means one thing:
👉 The next move is likely to be sharp and decisive.
Whether it’s a breakout or a breakdown will depend less on crypto news — and more on macro developments in the coming days.
Currently trading at $1.33, many investors are asking: Is XRP still a "must-have" for a diversified crypto portfolio? This analysis breaks down the current market positioning, the distance from its historical peaks, and the fundamental drivers for the remainder of 2026.
For investors looking for a quick answer: XRP remains a high-utility asset that has finally shed its regulatory "handcuffs." While its price action remains more conservative than high-beta meme coins, its integration into the global financial "plumbing" via the XRP Ledger and stablecoin initiatives like RLUSD makes it a staple for those seeking institutional-grade exposure.
To understand if XRP is "worth it," we must look at where it stands relative to its history.

Unlike $Bitcoin, which has frequently tested and broken new ground, $XRP is still in a multi-year recovery phase. This "gap" represents either a significant opportunity for growth or a sign of long-term resistance. However, with the CLARITY Act moving through the Senate in April 2026, the legislative tailwinds have never been stronger.
The value proposition of XRP in 2026 is no longer based on rumors. It is built on three distinct pillars:
The launch of spot XRP ETFs has been a game-changer. Reports from early 2026 indicate that institutional investors plan to increase their XRP exposure from 18% to 25% this year. Unlike retail-driven pumps, ETF inflows provide a consistent "floor" for the crypto market price action.
The XRP Ledger (XRPL) has emerged as a leader in tokenizing assets. From just $24.7 million in early 2025, the value of tokenized assets on the XRPL has surged to over $2 billion by March 2026. This utility gives the token intrinsic value beyond simple cross-border payments.
With the SEC case officially closed and both parties withdrawing appeals in late 2025, Ripple is now expanding its US operations. According to Reuters, the clarity provided by US courts has made XRP one of the few digital assets with a clear "non-security" status for retail transactions.
Technically, XRP is navigating a consolidation phase between $1.15 and $1.60.
| Level Type | Price Target | Significance |
|---|---|---|
| Major Support | $1.15 | Critical floor; a bounce here confirms bullish structure. |
| Current Pivot | $1.33 | Neutral zone; waiting for volume breakout. |
| Immediate Resistance | $1.60 | The "breakout" trigger for a run toward $2.00. |
| Bullish Target | $2.80+ | Projected year-end target if ETF flows accelerate. |
When building a portfolio, XRP serves as a "Bridge Asset." It typically shows lower volatility than $Solana or newer Layer 1s, but offers higher stability.
Canary Capital has officially filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch the Canary PEPE ETF. This move marks one of the first attempts to bring a spot memecoin exchange-traded fund to the U.S. market, signaling a shift in how institutional players view high-liquidity "joke" assets.
On April 9, 2026, asset manager Canary Capital submitted registration documents for a spot PEPE ETF. If approved, this financial vehicle would allow retail and institutional investors to gain exposure to the price of Pepe ($PEPE) through a standard brokerage account, eliminating the need to manage private keys or interact with decentralized exchanges.
An S-1 filing is the initial registration statement required by the SEC for any new security being offered to the public. For the Canary PEPE ETF, this document outlines how the fund will operate, its custody arrangements, and the inherent risks associated with the underlying asset.
| Feature | Details |
|---|---|
| Issuer | Canary Capital |
| Asset | PEPE (Spot) |
| Custody | Multi-layer cold storage |
| Secondary Asset | Up to 5% ETH (for gas fees) |
| Regulatory Status | S-1 Filed (Pending SEC Review) |
Unlike futures-based products, a spot ETF holds the actual underlying asset. Canary Capital’s filing specifies that the trust will hold physical PEPE tokens, managed by a regulated custodian. Notably, the filing mentions that the trust may hold up to 5% of its assets in Ether (ETH) purely to cover transaction fees on the Ethereum network, though ETH itself is not an investment objective of the fund.
Canary Capital is becoming a specialist in "altcoin" filings. This PEPE application follows their previous filings for:
While Bitcoin ($BTC) and Ethereum ($ETH) have already paved the way for institutional adoption, Canary is clearly targeting the "high-beta" sector of the market, betting that investors are ready for more speculative exposure within a regulated wrapper.
The news has sparked immediate discussion across the crypto news landscape. However, the road to approval is far from guaranteed.
The SEC has historically required evidence of "resistance to manipulation" and a "regulated market of significant size" (typically a futures market) before approving spot crypto ETFs. While PEPE boasts significant liquidity and volume on major exchanges, it lacks a regulated futures market similar to those seen on the CME for BTC.
Furthermore, Canary’s own filing warns of concentration risks. As of early 2026, the ten largest PEPE wallets held roughly 41% of the total circulating supply, a metric that often triggers red flags for regulators concerned about market integrity.
There are many CFD brokers that claim they're "best in class". So when a broker like BXB Market comes along and puts "simplicity" at the center of everything it does, it catches your attention.
We spent a couple of dys using BXB Market's web platform to figure out whether they actually deliver on that promise. This review breaks down everything we found: what works, what stands out, and where you should do your own homework before depositing funds.
BXB Market is a CFD broker operated by Dynamix Ltd. They hold a brokerage license (BFX2025065) issued by MISA — the Mwali International Services Authority. Its registered office sits at Bonovo Road in Fomboni, Comoros.
MISA-regulated brokers are required to follow specific compliance procedures, and BXB Market does display its license number prominently on every page of its website — which is more transparency than some offshore brokers bother with. The license is verifiable directly through the MISA registrar's public list of authorized brokerage companies, and we confirmed it ourselves.

BXB Market provides CFD access to 300+ instruments across several asset classes:
For most retail traders, this range is more than sufficient. You're not going to find 15,000 instruments here the way you would with some of the largest multi-asset brokers, but that's clearly not what BXB Market is going for. The focus is on quality of execution and user experience across a curated set of markets.
What we liked: the earnings calendar integrated directly into the platform. Knowing when major companies are reporting earnings can be important for index and equity CFD traders, and having that calendar built into the platform (rather than requiring you to check a third-party site) is a small but practical touch that saves time.

Traders using BXB Market have the choice to choose between both trading on their web platform, or downloading their mobile app.
We tested the web platform, which loads in-browser with no downloads or plugins required. Page load times were snappy, even with multiple chart windows open. It's not the most advanced charting platform on the market (don't expect TradingView-level), but for analyzing quickly before plcing a trade, it is more than enough.

BXB Market offers three account tiers: Silver, Gold, and Platinum, each designed for a different level of trader.
BXB Market also offers demo accounts if you want to test out the platform first.

BXB Market supports a wide range of payment options:
All these options give good flexibility, especially for those in regions where certain payment methods are more convenient or accessible than others.
BXB Market's support can be reached through live chat, email, or phone. We tried the live chat a couple of times and got actual answers from real people pretty quickly, no waiting around forever, no copy-paste replies that don't actually address what you asked. That's more than you can say for a lot of brokers out there.
The site and platform come in English, Hindi, and Japanese, so they're clearly not just targeting one market. It's a small detail but it tells you they're at least thinking about serving traders in different parts of the world.
The onboarding process is straightforward. Account registration follows a standard flow: provide your details, verify your identity, fund your account, and start trading. We didn't encounter any unusual friction points or unexpected delays during the process.

If you value a clean, intuitive trading environment and don't need tens of thousands of instruments and clutter, BXB Market might be for you.
Always remember to do your own due diligence. Test the platform, read the terms, understand the regulatory framework, and never trade with money you can't afford to lose.
A new geopolitical development is quietly reshaping how investors think about cryptocurrency. Reports suggest that Iran may require ships passing through the Strait of Hormuz to pay transit tolls in Bitcoin.
This is not just another crypto headline. It represents a potential shift in how global trade is conducted, especially in a region responsible for nearly 20% of the world’s oil supply.
If confirmed and enforced, this would mark one of the first real-world use cases of Bitcoin in a state-level economic strategy tied directly to energy markets.
The Strait of Hormuz is one of the most critical chokepoints in global trade. Any disruption there immediately impacts oil prices, shipping routes, and financial markets.
Recent developments indicate:
At the same time, geopolitical tensions remain elevated, with threats of escalation involving multiple countries and trade restrictions.
👉 This is no longer just a military or political issue — it is becoming a financial one.
The choice of Bitcoin is not random. It solves several key challenges for countries operating under financial pressure:
For a country facing restrictions in the global banking system, Bitcoin becomes a practical alternative for enforcing payments in international trade.
For decades, global oil trade has been dominated by the US dollar. This system, often referred to as the “petrodollar,” has shaped global finance and monetary policy.
However, if oil-related transactions begin to integrate Bitcoin or other cryptocurrencies, the implications could be massive:
👉 This could mark the early stages of a parallel financial system emerging alongside traditional markets.
Interestingly, markets are showing mixed signals:
This divergence suggests that markets have not fully priced in the long-term implications of this development.
In other words, investors are reacting to short-term headlines, but the structural shift may still be underestimated.
The situation is evolving quickly, and several key factors will determine its impact:
If more countries begin experimenting with crypto in international transactions, this trend could accelerate faster than expected.
Bitcoin has long been described as digital gold or a store of value. But this development suggests a new role is emerging — Bitcoin as a tool for global trade and geopolitical strategy.
While it is still early, the implications are significant.
👉 This is not just about crypto markets anymore.
👉 This is about the future of global finance.
OpenAI CRO Denise Dresser says enterprise now makes up more than 40% of the company's revenue as companies turn to teams of agents.
Both Meta and CoreWeave logged stock gains Thursday after expanding their existing AI deal, now valued at $21 billion.
The framework automates the complex process of transforming raw research materials into polished academic manuscripts.
An individual Bitcoin miner hit the lottery overnight, scoring a $225,000 BTC reward when they found a block.
TRM’s Ari Redbord expressed skepticism that Iran and affiliated actors are accepting Bitcoin for safe passage through the Strait of Hormuz.
While oil prices breach the $100 mark, flagship cryptocurrencies like Bitcoin and XRP show unexpected resilience, signaling a potential new regime for digital assets.
Robinhood reallocates $30 million in DOGE ahead of "Doge Day" on April 20 as the market prepares for Dogecoin to repeat its 2025 rally.
Solo miner with just 70TH/s has defied 300-year odds to solve Bitcoin block 313 on Solo CKPool. Admin Con Kolivas confirms the 1-in-100,000 daily win.
Ripple adds two million RLUSD to the amount of its stablecoin currently in circulation to boost liquidity for users across the Ethereum network.
The fallout from a bombshell New York Times investigation claiming to have unmasked Bitcoin creator Satoshi Nakamoto continues to dominate discussions across the cryptocurrency industry..
Crypto markets remain difficult to navigate as traders respond to inflation concerns, interest rate expectations, and geopolitical pressure. The sudden changes in mood have rendered the generation of wealth by way of price inflation much more uncertain. Within this climate, investors are seeking models that can provide greater control and direction of returns.
That change is attracting interest to Digital Asset Treasuries, or DATs. These models are about systematized capital distribution, treasury and more disciplined exposure to digital assets. To investors, that may translate to a more efficient approach of seeking returns without having to be so preoccupied with market timing and short-term speculation.
Varntix is a perfect fit in this evolving story. Varntix provides investors with a more moderate way to generate crypto wealth by providing structured crypto income plans in the form of fixed plans, flexible yield solutions, and treasury-based solutions.
Here’s a cleaner revised version that fixes the minimum-entry confusion and brings in the Fixed and Flexi structure properly:
Market uncertainty is changing investor behavior. Many traders still want exposure to digital assets, but they are becoming more cautious about relying fully on short-term price movements. In earlier cycles, fast gains often shaped decision-making, but today’s market is moving with sharper volatility and weaker predictability.
That shift is pushing more attention toward structured income models. Instead of depending only on whether prices rise in the near term, investors are looking for clearer return expectations, defined time horizons, and ways to keep capital active without constant trading. In uncertain conditions, discipline is starting to matter as much as upside.
Varntix is a digital wealth platform built around structured crypto income. Its Fixed Income plans are designed for investors who want higher, pre-defined returns over a set period. These plans currently run across 6, 12, and 24-month terms, with yields reaching up to 20% to 24% APY depending on the selected duration. Importantly, these products are not reserved only for high-net-worth users, as entry starts from $500.
That makes the platform easier to evaluate. Instead of committing funds based only on price speculation, users can review the term, projected payout, and return structure before investing. Income is paid in USDT or USDC, which gives users clearer visibility into the dollar value of what they are expected to receive.
Alongside its fixed-term products, Varntix also offers a Flexi Income structure for users who want more liquidity. These plans typically offer around 4% to 6.5% APY, while allowing users to access products from as little as $50. That makes Flexi more suitable for users who want passive income without locking up capital for long periods.
This matters because it shows Varntix is not built around a one-size-fits-all approach. Some users may prefer the stronger yield of fixed plans, while others may value the accessibility and withdrawal flexibility of Flexi products. Together, both structures widen the platform’s appeal and avoid the impression that Varntix is only for investors deploying $100,000 or more.
Varntix does not remove risk from crypto, but it does offer a more structured way to approach it. Through fixed and flexible income products, stablecoin payouts, treasury-based strategies, and on-chain transparency, it gives users more control over how they earn from digital assets.
As more investors look for stability during uncertain periods, platforms built around disciplined income strategies may continue to gain ground. Varntix reflects that shift by offering a model centered on access, predictability, and a more deliberate path to crypto wealth generation.
Varntix is a digital wealth platform focused on fixed income in crypto and on-chain convertible notes. Learn more at varntix.com.
The post As Traders Navigate Market Uncertainty, Varntix Offers New Approach to Crypto Wealth Generation appeared first on Blockonomi.
CME Group just confirmed it will launch SUI futures contracts in early May, giving institutional traders regulated derivatives access to the token for the first time according to Coinbase. SUI jumped 12% to $0.95 on the same day a ceasefire headline lifted the entire crypto market. The sui price prediction just picked up a catalyst that changes the math.
Pepeto, the presale exchange project from the cofounder who built Pepe into an $11 billion token, keeps attracting wallets that move ahead of institutional headlines. While the sui price prediction aims at a return to $5, the 150x setup around Pepeto creates a direct contest for the same capital.
CME Group will list SUI futures alongside Avalanche contracts in early May, pending regulatory sign-off according to Coinbase. SUI trades near $0.93 after rallying 12% on the ceasefire bounce, its highest mark since March 26 according to Bankless Times.
SUI launched in May 2023 at roughly $0.03, and early ICO buyers who held through the January 2025 peak at $5.35 captured over 178x. That return from a Layer 1 ICO is the exact kind of math that pulled capital into SUI before anyone knew the name.
That track record is impressive, but from $0.93, the sui price prediction counts gains in single multiples over months.
Most buyers find a token only after it already ran 10x or 100x. While the sui price prediction keeps traders glued to charts, Pepeto is the exchange designed to get you positioned before the rally starts, not after it ends.
The platform is a complete trading hub built to protect your money. The contract scanner checks every token for hidden traps before your wallet goes near it, catching risks that most traders only spot after the loss hits.
Three products power the core. PepetoSwap handles trades with zero fees so your stack grows instead of shrinking. The scanner rates every contract for scam code and gives a verdict in seconds. And the cross-chain bridge ships tokens between ETH, BNB, and SOL without charging a cent.

The presale passed $8.84 million as the Binance listing approaches. The cofounder who built Pepe to $11 billion on 420 trillion tokens is now delivering a real exchange. SolidProof audited every contract before the first round opened, a former Binance executive leads the technical build, and 186% APY staking grows positions daily at $0.0000001863.
Pepe reached $11 billion on hype alone. Hitting that cap from the current presale price equals over 150x, and Pepeto ships tools Pepe never had. SUI’s ICO buyers grabbed 178x by entering at $0.03 when nobody cared, and Pepeto sits in that identical early window today. The wallets buying now are building positions the sui price prediction would take years to deliver, and the presale window keeps shrinking.
SUI trades near $0.93, sitting 83% below its all-time high of $5.35 with a market cap around $3.6 billion according to CoinMarketCap.
Changelly targets a December 2026 peak of $2.35, while CoinCodex projects a range up to $1.09 this year. The ATH at $5.35 proves the token can reach those levels, and CME futures adding institutional derivatives give the recovery real fuel.
But even the bull case at $5 is roughly 5.5x from here. That is solid for a mid-cap token but not the move that changes a life. The sui price prediction pays off over time. The presale pays off at listing speed. For traders who want the best of both, the choice writes itself.
The sui price prediction has real weight, CME futures open a new channel of institutional demand, and SUI’s ICO history shows what early entries can produce. But the biggest returns from this shift come from a position bought at the ground floor, at a size where a mid-cap trading at $0.93 simply cannot deliver the same multiples.
The Binance listing compresses that return into a short window, and the wallets entering at presale pricing today are locking the positions that the rest of the market will spend this year wishing they grabbed. The Pepeto official website is where early entries in the most talked-about exchange launch of this cycle are still open, but not for much longer.

What is the sui price prediction for 2026 and can SUI hit $5?
Changelly targets $2.35 by December while CoinCodex sees up to $1.09 short term. The sui price prediction toward $5 is backed by SUI already reaching $5.35 in 2025, and CME futures could drive fresh demand if the broader recovery holds.
Can Pepeto beat the sui price prediction from presale pricing?
Pepeto at $0.0000001863 targets over 150x to the cap the same builder already reached with Pepe, a return the sui price prediction from $0.93 cannot deliver. The Pepeto official website is where that position remains available until the Binance listing reprices everything.
The post SUI Price Prediction: Markets Ask if SUI Can Reach $5 Again, While Pepeto ICO Looks Like SUI in 2023 appeared first on Blockonomi.
A shift is underway in online gambling. Players who built their habits on traditional platforms like DraftKings are increasingly searching for alternatives that better match how they want to play in 2026. The search data is clear. Queries for DraftKings alternatives have been climbing steadily, and the platforms appearing in those results look very different from what the traditional industry has been offering.
ZunaBet is one of the names surfacing most frequently. A crypto-native casino and sportsbook that launched in 2026, it represents a fundamentally different approach to online gambling. But what is driving players away from an established giant like DraftKings, and does ZunaBet actually deliver something better? Here is an honest comparison.
DraftKings needs little introduction. It is one of the largest and most recognizable names in online gambling, particularly in the United States. Built initially around daily fantasy sports, DraftKings expanded into sports betting and online casino gaming as regulations opened up across various states.
The platform offers a polished product. A well-designed sportsbook covers major professional and college sports. The casino section features slots, table games, and live dealer options from reputable providers. And the DraftKings brand carries the kind of mainstream credibility that comes from years of television advertising, major sports partnerships, and a publicly traded stock.
DraftKings operates within heavily regulated markets, which provides players with certain protections. It accepts traditional payment methods including credit cards, bank transfers, and popular e-wallets. For players comfortable within the traditional online gambling framework, DraftKings delivers a reliable, professional experience.
However, that traditional framework is exactly what a growing number of players are looking to move beyond. Withdrawal times measured in business days, processing fees, geographic restrictions, and a payment infrastructure built around banking intermediaries are all features of the traditional model that crypto-native players find increasingly frustrating.
ZunaBet operates in a different world from DraftKings. Not a competing version of the same thing, but a genuinely different model built around different assumptions about what players want.
The platform is owned by Strathvale Group Ltd, licensed in Anjouan (ALSI-202510047-FI2), and was built by a team with over 20 years of combined experience in the online gambling industry. It launched in 2026 as a crypto-first casino and sportsbook designed from the ground up for players who live in the cryptocurrency ecosystem.

The game library immediately sets ZunaBet apart. It hosts 11,294 titles from 63 providers. Pragmatic Play, Evolution, Hacksaw Gaming, Yggdrasil, and BGaming headline the roster, with dozens of additional studios contributing to a catalog that spans slots in enormous variety, RNG table games with genuine depth, and live dealer rooms from top-tier production studios. Sixty-three providers on a single platform creates a breadth of content that dwarfs what most traditional operators offer in their casino sections.
The sportsbook covers the same territory DraftKings does and then some. Football, basketball, tennis, and NHL provide the traditional sports core. But ZunaBet extends into esports with markets for CS2, Dota 2, League of Legends, and Valorant. Virtual sports and combat sports push the range further. Everything runs under one account on one platform.
Crypto infrastructure supports more than 20 coins. BTC, ETH, USDT across multiple chains, SOL, DOGE, ADA, XRP, and others are all accepted. Zero processing fees. Fast withdrawals. Dedicated apps for iOS, Android, Windows, and MacOS. And live chat support available at every hour.
The core difference between DraftKings and ZunaBet is not cosmetic. It is structural. And that structural difference affects virtually every aspect of the player experience.
DraftKings was built on traditional financial rails. Credit card processors, banking networks, and regulated payment service providers handle every transaction. That infrastructure brings certain benefits, particularly around regulatory compliance in licensed markets. But it also brings friction. Deposits can be delayed by bank processing. Withdrawals routinely take multiple business days. Processing fees eat into player funds on both ends. And the verification requirements tied to traditional banking add layers of bureaucracy before a player can access their own money.

ZunaBet was built without any of that legacy infrastructure. Cryptocurrency is not an add-on feature. It is the foundation everything else sits on. Deposits arrive at the speed of whatever blockchain the player sends from. Withdrawals process without routing through banking intermediaries. No processing fees are charged because no third-party payment handlers are involved in the transaction chain.
For players who already hold and use cryptocurrency, the difference in daily experience is stark. Transactions that take days on traditional platforms complete in minutes on ZunaBet. Money that gets chipped away by fees on conventional platforms arrives and departs intact on a crypto-native one. And the simplicity of connecting a wallet versus navigating bank verification processes represents a quality-of-life improvement that is hard to go back from once experienced.
With more than 20 supported coins including BTC, ETH, SOL, DOGE, ADA, XRP, and USDT on multiple chains, ZunaBet gives players genuine flexibility to use whatever they hold without forced conversions or exchange fees.
DraftKings offers welcome bonuses that vary by state and product, typically involving deposit matches or free bet credits for new sportsbook users. The offers are competitive within the traditional market and benefit from the regulatory certainty that comes with operating in licensed jurisdictions.
ZunaBet’s welcome package operates on a different scale. The total reaches $5,000 plus 75 free spins distributed across three deposits. The first deposit earns a 100% match up to $2,000 with 25 free spins. The second deposit gets a 50% match up to $1,500 and 25 spins. The third deposit delivers a 100% match up to $1,500 with the final 25 spins.

The three-deposit structure serves a specific purpose beyond just offering more money. It creates three separate moments of value that bring the player back to the platform. Each return visit builds familiarity. Each bonus reinforces the decision to stay. By the third deposit, the player has logged enough time to make a genuine assessment of whether ZunaBet fits their long-term habits.
For players accustomed to the bonus structures of traditional platforms, the sheer scale of ZunaBet’s offer across three deposits represents a significant step up in immediate value.
DraftKings runs a loyalty program tied to its Dynasty Rewards system, which awards crowns based on play that can be redeemed for free bets and other perks. It is a functional system that provides ongoing value to regular players within the traditional rewards framework.
ZunaBet took an entirely different approach. Its dragon evolution system was designed to be a feature players actively engage with rather than passively accumulate points through. Built around a mascot named Zuno, the program structures progression across six tiers with publicly documented rakeback rates.
Squire starts at 1% rakeback. Warden advances to 2%. Champion reaches 4%. Divine pushes to 5%. Knight climbs to 10%. Ultimate peaks at 20%.

The difference between a points-for-perks system and a direct rakeback model is significant. Rakeback returns a percentage of the house edge on every wager automatically. At the Ultimate tier, 20% of the house advantage flows back to the player continuously. Over months of regular play, that translates into meaningful money that directly reduces the cost of gambling on the platform.
Additional tier benefits include free spins scaling to 1,000, VIP club access, and double wheel spins. The gamified progression borrows from video game levelling mechanics, giving each tier the feel of an achievement unlocked rather than a label changed. For a generation of players raised on progression systems and visible milestones, this approach resonates far more deeply than traditional reward point accumulation.
The transparency factor also matters. ZunaBet publishes every tier requirement, every rakeback percentage, and every associated benefit openly. Players can map their entire loyalty journey before placing a single bet. That level of clarity gives players the information they need to make fully informed decisions about where their ongoing play delivers the most value.
The player searching for DraftKings alternatives in 2026 has a specific profile. They are comfortable with technology. They likely hold cryptocurrency. They expect fast transactions, mobile-first design, and platforms that respect their time. They grew up with instant digital payments and gamified experiences, and they find the friction of traditional gambling infrastructure increasingly difficult to tolerate.
ZunaBet was designed for exactly this player. HTML5 technology powers a dark-themed responsive interface that works flawlessly across devices. Native apps for iOS, Android, Windows, and MacOS deliver optimised performance. The 11,000+ game library stays navigable through effective categorisation and search tools. Casino and sportsbook sections integrate seamlessly under one account.

The combination of crypto-native payments, a massive game library, comprehensive sports and esports betting, and a loyalty program that genuinely rewards progression creates something that feels purpose-built for the next generation of online gamblers.
DraftKings is not going anywhere. It remains one of the most powerful brands in online gambling with a massive user base, deep regulatory relationships, and the resources of a publicly traded company. For players operating within traditional regulated markets using conventional payment methods, DraftKings continues to deliver a strong product.
But the market is bigger than any single model can serve. The growing search interest in alternatives reflects an audience that wants something traditional platforms were not designed to provide. Faster transactions. Lower costs. Broader game selection. More rewarding loyalty systems. And a platform that feels native to the digital, crypto-fluent lifestyle they already live.
ZunaBet delivers on every one of those demands. Over 11,000 games from 63 providers. A sportsbook covering traditional sports and esports. More than 20 cryptocurrencies processed without fees. A $5,000 welcome bonus structured for sustained engagement. And a dragon evolution loyalty program that has redefined what players should expect from casino rewards.
The platform is still new and building the operational track record that only time can provide. But what it has delivered at launch positions it as the most compelling option for the growing wave of players who have decided that traditional is no longer enough. For anyone searching for what online gambling looks like when built for 2026 and beyond, ZunaBet is providing the clearest answer available.
The post Why Search Interest in DraftKings Alternatives Like ZunaBet Is Growing appeared first on Blockonomi.
The window of opportunity in the digital asset market is closing faster than most traders realize. While many investors wait for mainstream news outlets to confirm a breakout, the real wealth is being generated in the quiet moments before the vertical climb.
Identifying the best crypto to buy right now requires a shift in perspective from following the crowd to anticipating the needs of the future global financial infrastructure. The market is currently signaling a massive rotation into projects that offer more than just hype; it is hungry for scalability, interoperability, and genuine utility.
Those who hesitate to diversify into these high-conviction assets today may find themselves watching from the sidelines as the most promising opportunities move out of reach forever.
BlockDAG is currently dominating conversations as the best crypto to buy right now due to a unique pricing gap that savvy investors are exploiting for maximum gain. On CoinMarketCap, the asset has already crossed the $0.02 threshold, after validating the early projections made by market makers who foresaw a climb to $0.4. With that milestone achieved, the trajectory is now set for a $1 valuation in the near future.
However, a massive opportunity remains for those who know where to look. While the public market price reflects steady growth, individuals can still acquire BDAG tokens directly through the BlockDAG website for just $0.0000061. This price difference creates a mathematical path toward 95x returns for those who act before the direct sale window terminates.
The momentum behind this project is fueled by its upcoming accessibility on several major trading platforms. Liquidity and volume are expected to surge as BDAG becomes tradeable on XT.com, LBank, Coinstore, Biconomi, BitMart, P2B, AscendEX, and more. These listings ensure that once the direct purchase phase concludes, the asset will have the global reach necessary to sustain its march toward the $1 target.

Investors are rushing to secure their positions at the fractional entry price of $0.0000061, recognizing that the current discrepancy between the direct sale and the market price is a rare chance to front-run the broader retail market.
Chainlink remains a staple for anyone searching for the best crypto to buy right now because it functions as the central nervous system for decentralized finance. It provides the essential oracle infrastructure that bridges the gap between isolated blockchains and the vast amount of data existing in the real world.
Without the reliable data feeds provided by Chainlink, smart contracts would be unable to execute based on price fluctuations, weather patterns, or even sports results. This makes LINK a fundamental necessity rather than a speculative luxury, as the entire DeFi ecosystem relies on its accuracy to maintain its integrity and security.
Beyond simple data delivery, the project has introduced the Cross-Chain Interoperability Protocol (CCIP), which is setting the global standard for how different blockchains communicate. This technology has caught the attention of major traditional financial institutions like Swift and DTCC, which are using Chainlink to explore how tokenized assets can be settled across various networks.

Because node operators must stake LINK as collateral to secure the network, there is a direct correlation between the adoption of these services and the demand for the token. As more global banks integrate CCIP, the pressure on LINK’s circulating supply could lead to a significant valuation shift.
Polkadot offers a sophisticated solution to the problem of blockchain fragmentation, making it a top contender for the best crypto to buy right now. Its unique architecture allows various specialized blockchains, known as parachains, to run in parallel while leaning on the central Relay Chain for their security.
This setup allows developers to build chains that are perfect for one specific task without having to worry about building their own security from scratch. With the transition toward Polkadot 2.0 and the implementation of async backing, the network has seen a massive boost in how many transactions it can handle, drastically reducing wait times for users.
One of the most significant changes to the ecosystem is the introduction of Coretime. This new model changes how blockspace is distributed, making it much more affordable and flexible for new projects to join the network compared to the old auction system.
For those holding DOT, the project offers a governance system that provides actual power over the network’s future, including how the treasury is spent. Additionally, with staking rewards currently sitting between 14% and 16% APY, DOT provides a way to grow a portfolio through passive income while the broader ecosystem of specialized chains continues to expand.
Cosmos is built on the belief that the future of the internet consists of thousands of independent blockchains, and it provides the tools to make that happen. The Cosmos SDK is currently the most popular framework for creating custom blockchains, utilized by heavy hitters like Celestia and the BNB Chain.
This widespread use ensures that ATOM remains at the heart of a massive network of interconnected apps. The Inter-Blockchain Communication (IBC) protocol is the secret sauce here, allowing over 100 different chains to trade data and assets instantly, creating a web of value that is unmatched in its fluidity.

The value of the ATOM token has recently been strengthened by the introduction of interchain security. This allows the main Cosmos Hub to lend its security to newer, smaller chains. In return, ATOM stakers receive a portion of the revenue generated by these newer projects.
This creates a diversified reward stream for holders, who earn from both the main hub and the various “consumer chains” it protects. For investors looking for the best crypto to buy right now, ATOM represents a diversified bet on the entire “app-chain” philosophy, capturing value from every new project that chooses to build within the Cosmos ecosystem.
The current market window presents a rare alignment of technological maturity and undervalued entry points. While the fear of missing out often drives irrational decisions, the data behind these four projects suggests that the real risk lies in inaction.
From the massive 95x potential found in the BlockDAG direct purchase to the institutional-grade stability of Chainlink, Polkadot, and Cosmos, the best crypto to buy right now is defined by utility and scalability.

Securing a position in these assets today is not just about catching a trend; it is about owning a piece of the infrastructure that will define the next decade of finance. The opportunity to buy at these levels is a fleeting moment in a rapidly accelerating market cycle.
The post 5 Best Cryptos to Buy Right Now: Secure Your Gains Before the Next Bull Run! appeared first on Blockonomi.
The online gambling industry is changing fast. Crypto casinos and Web3 gambling platforms are reshaping how people play, bet and interact with gaming brands. But while the technology has leapt forward, the PR infrastructure supporting these businesses has not. Kooc Media, a PR distribution agency that has worked with crypto and iGaming clients since 2017, now offers dedicated PR solutions designed specifically for crypto casinos and Web3 gambling operators.
The service gives these platforms guaranteed press coverage on established news websites, professional content creation, same-day distribution and full campaign reporting. It is built for an industry that has been largely ignored by traditional PR agencies.
The growth of crypto casinos over the past few years has been significant. Bitcoin, Ethereum, Litecoin, stablecoins and dozens of other digital currencies are now accepted at thousands of online casinos worldwide. Players choose crypto gambling for the speed, the lower fees, the privacy and the ability to verify game fairness through blockchain technology.
Web3 gambling takes things further. These platforms use decentralised infrastructure, smart contracts and token-based economies to create gambling experiences that do not rely on a central operator in the traditional sense. Players can hold governance tokens, earn rewards through staking mechanisms, participate in decentralised autonomous organisations tied to the platform and play games where every outcome is recorded transparently on-chain.
The market is attracting serious attention. Venture capital is flowing into Web3 gambling startups. Established online casino operators are integrating blockchain features into their platforms. New crypto-native sportsbooks and casino brands are launching regularly across multiple jurisdictions.
Yet despite this growth, most of these operators struggle to get any meaningful media coverage. The PR industry has been slow to adapt to the reality that crypto gambling and Web3 gaming are now mainstream categories with large audiences and real revenue.
The obstacles facing crypto casino and Web3 gambling operators when it comes to PR are well known. Most mainstream PR agencies will not accept gambling clients. Their compliance teams flag it as a restricted category and that is the end of the conversation. Among the agencies that do work with gambling brands, very few understand crypto. And among those that understand crypto, almost none have any experience with Web3 concepts like decentralised governance, token economies or smart contract-based gaming.
This leaves operators with limited options. They either go without PR entirely, try to handle it in-house with limited media contacts, or hire a generalist agency that places content on irrelevant websites where no one in their target audience will see it.
The result is predictable. Crypto casinos and Web3 gambling platforms end up over-reliant on affiliate marketing, paid influencers and social media to drive awareness. These channels have their place, but they cannot deliver the third-party credibility that press coverage on recognised news and finance publications provides.
Kooc Media was purpose-built for industries that sit outside the comfort zone of traditional PR. The agency has deep experience in both crypto PR and gambling PR and understands the specific challenges facing operators who combine both.
“Traditional PR agencies look at a Web3 gambling platform and do not know where to start,” said Michelle De Gouveia, spokesperson for Kooc Media. “We look at the same platform and already know which publications to target, what angle to take and how to get the coverage live within hours.”
The process is designed to be as direct as possible. Operators brief the agency on their news, whether that is a platform launch, a new game release, a licensing milestone, a token listing, a partnership announcement or any other development worth covering. Kooc Media’s editorial team then writes the press release or works with content provided by the operator.
Once content is finalised, it goes live across Kooc Media’s owned network of news publications. The agency operates several established sites including Blockonomi, CoinCentral, MoneyCheck, Parameter, Beanstalk and Computing. These publications cover cryptocurrency, finance, technology and iGaming and carry strong domain authority built up over years of consistent publishing.

Because Kooc Media owns these sites, publication is guaranteed. There is no outreach process, no editorial review by a third party and no risk that the story gets ignored. If an operator books a placement, the article goes live.
Beyond its owned properties, the agency distributes press releases through a partner network that spans hundreds of additional media outlets and thousands of syndicated channels. Premium distribution packages can place content on major financial news platforms such as Business Insider, Bloomberg, Benzinga, MarketWatch and USA Today.
Everything moves quickly. Content can be written, approved, published and distributed in the same day. Post-campaign, the operator receives a detailed report with live links to every placement.
Press coverage does three things that other marketing channels struggle to replicate.
First, it builds credibility. Players researching a new crypto casino or Web3 gambling platform will search for the brand online. If they find coverage on well-known news and finance sites, the platform immediately appears more trustworthy. In a sector where scam accusations are common and player scepticism runs high, that credibility is worth more than any ad campaign.
Second, it strengthens search engine performance. Backlinks from high-authority publications help gambling websites rank for competitive search terms. Crypto casino operators targeting keywords like “best crypto casino,” “Web3 gambling,” “Bitcoin betting sites” or “decentralised casino” need those strong links to compete in organic search results. Consistent PR placements build a backlink profile that delivers long-term traffic without ongoing ad spend.
Third, it lasts. Advertising disappears when the budget stops. Published articles remain online indefinitely. A press release placed on a high-authority domain today will still be generating visibility and backlink value months or years from now.
Kooc Media offers standard packages for operators who want fast, reliable coverage and custom campaigns for those with larger goals. Standard packages include guaranteed placements across the agency’s owned sites and partner network along with optional content writing and full reporting.

Custom campaigns suit bigger moments. A Web3 gambling platform preparing for a token generation event might need coverage that reaches both crypto investors and gambling enthusiasts simultaneously. A crypto casino expanding into a newly regulated market might want press releases focused on licensing and compliance. A decentralised sportsbook launching ahead of a major sporting calendar might need coverage timed precisely to the news cycle.
Whatever the objective, Kooc Media handles planning, content creation, distribution and reporting from end to end.
Kooc Media is a PR distribution agency founded in 2017 that specialises in crypto, fintech, technology and iGaming. The company operates its own portfolio of news websites and distributes content through an extensive partner network to deliver guaranteed media coverage. Services include press release writing, sponsored articles, homepage placements, newswire distribution and fully managed PR campaigns.
Kooc Media’s gambling PR packages are available now through the company’s website at https://kooc.co.uk.
The post Kooc Media PR Solutions for Crypto Casinos and Web3 Gambling Platforms appeared first on Blockonomi.
The cryptocurrency market, which had its glory days in 2025, has been struggling over the past several months with numerous leading digital assets experiencing sharp price declines from their peak levels.
The war between the United States and Iran has only intensified the overall uncertainty, while the two-week ceasefire, which was recently announced, finally gave the sector a breath of fresh air. The big question now is whether the conflict is nearing a final resolution and which cryptocurrency would benefit most from such a development.
To put things in perspective, we asked four of the most popular AI-powered chatbots for their opinion on the matter. Grok, incorporated into the social media platform X, estimated that Bitcoin could be the big winner if the US and Iran sign a definitive peace deal. It described the cryptocurrency as “a geopolitical hedge that also loves peace dividends.”
“BTC is the one I’d bet on for the most impactful, market-moving pump,” it stated.
Google’s Gemini also picked the leading digital asset as the most obvious beneficiary of peace in the Middle East and the one that can jump the highest. It predicted that investors who have flocked to gold and fiat currency amid the panic of the war may switch to BTC if the conflict is settled for good. Gemini went even further, envisioning a price explosion to $100,000 in such a scenario.
The next chatbot we consulted was Perplexity. It joined the overall assumption that Bitcoin has the most upside potential should the US and Iran lay down their weapons permanently. Perplexity noted that BTC is the most liquid cryptocurrency and “the easiest for large money to rotate into quickly.”
ChatGPT is the only one (of those we asked) that provides a different theory. It claimed that a lasting de-escalation in the Middle East would most likely benefit “high-beta, risk-on assets.”
It is important to note that the aforementioned scenario is only hypothetical (as of the moment), and the tension in the Middle East may continue to disrupt financial and crypto markets.
“The ceasefire deal will pump the markets, but it will dump in the next weeks to new lows. Bookmark it.”
Others, like Lofty, were even more bearish, predicting a high-volume sell-off in April that could push the valuation down to $30,000.
The post Which Crypto Will Explode If the War Ends for Good? 4 AIs Reveal Top Picks appeared first on CryptoPotato.
The share of Bitcoin (BTC) supply in profit has dropped to around 59%, bringing it close to levels seen during the last bear market.
This comes from data shared by analyst Darkfost, who also pointed out that the number of addresses depositing BTC had dropped to a 10-year low.
In a post published on X on April 9, Darkfost revealed that the share of Bitcoin supply still in profit was sitting way below the historical average of about 75%.
“Nearly 1 BTC out of 2 is held at a loss,” they wrote.
The analyst made clear the significance of that number, saying that for Bitcoin to maintain upward price pressure, it needed a healthy share of its investors to be sitting on gains. When so many of them are in the red, it shrinks the pool of willing sellers, making it harder to generate organic demand and causing prices to stall.
According to the data, in the past, the 50% mark has acted as a rough threshold for market bottoms, and while the current figure is still above that level, the direction of travel is clear.
Darkfost’s conclusion was direct: the current environment “appears more suited for accumulation than for selling,” with the strategy being to pick up BTC when losses reach extreme levels and only reducing exposure when the profit supply gets near 100%.
In a separate update, Darkfost also noted that the number of Bitcoin addresses depositing funds to exchanges had dipped to about 31,000 per day on a 30-day moving average, which is the lowest it has been since 2017.
The on-chain technician attributed the fall to a mix of investor disengagement during a prolonged correction, price levels that give no incentive to sell, and a structural shift toward self-custody and decentralized platforms that has been building since the collapse of FTX.
“Although such an environment is typically unfavorable in the short term, these phases often coincide with periods where selling pressure progressively exhausts itself,” the analyst explained.
Analytics provider Glassnode also made a similar assessment, describing the current market environment as “subdued and low-conviction.” The platform also noted that spot activity was rather soft and that BTC was trading “inside the bear market value zone.”
At the time of writing, the flagship cryptocurrency was changing hands near $71,000 after it retreated from a 3-week high close to $73,000, which had been driven by the announcement of a ceasefire between the United States and Iran, as well as reports emerging that Iran would require ships accessing the Strait of Hormuz to pay for their passage using crypto.
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Bitcoin and oil are on the move again as both assets jumped to their recent local peaks of over $72,000 ans $103 per barrel, respectively.
This came as US President Trump reportedly urged Israel’s leader to tone down the attacks against Lebanon. Recall that reports suggested after this week’s cease-fire between the US and Iran that Israel was not informed initially about the decision, and halting attacks against Lebanon was “not part of the deal.”
However, Walter Bloomberg, alongside several other news reporters and outlets, claimed earlier today that “President Trump called Israeli Prime Minister Benjamin Netanyahu yesterday, urging him to scale back strikes in Lebanon to protect the Iran negotiations.”
Citing a senior official familiar with the matter, the report added that Israel had agreed to be a “helpful partner.”
“The call followed Netanyahu’s pledge to continue aggressive strikes, which Iran warned could end the truce.”
Bitcoin’s price reacted immediately to the news, jumping from $70,500 to over $72,000. The asset rocketed yesterday as well, going from $68,000 to a three-week high of $72,800 before it dipped today toward $70,000.
US oil prices are on the move again. After the shock 20% drop following the cease-fire announcement to $92, USOIL has jumped to over $103 as of press time. The most probable reason for this is that the cease-fire appears very fragile, and the actual number of ships passing through the Strait of Hormuz is a fraction of what it used to be before the war.
Absolutely incredible:
US oil prices are now nearing $103/barrel and have been rising at a pace of $1/hour since 6 AM ET.
This puts oil prices +12% above the low seen just ~24 hours ago as ceasefire doubts have grown.
Meanwhile, Iran’s Deputy Foreign Minister announced that… pic.twitter.com/FrEgev7PH7
— The Kobeissi Letter (@KobeissiLetter) April 9, 2026
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[PRESS RELEASE – Kuala Lumpur, Malaysia, April 9th, 2026]
Enhanced Labs Inc, a company focused on building DeFi solutions that package sophisticated options and derivatives strategies into very easily-accessible products for users, has successfully closed a $1,000,000 strategic pre-seed funding round.
The round was led by Maximum Frequency Ventures with participation from GSR, Selini, Flowdesk, and other angel investors. The team has highlighted that this is a strategic pre-seed round, with the composition of its investor base being intentional, prioritizing strategic alignment. These investors have targeted expertise in trading infrastructure, market-making, institutional distribution, and more.
According to the announcement article, Enhanced’s approach will be designed around three strategic pillars:
The newly acquired capital is expected to support product development and the operational groundwork needed.
The announcement comes during a period of notable momentum in the Options sector in DeFi, not seen since 2024. Volatility yield for crypto assets using options strategies seems to also be steadily growing in both institutional and retail interest in recent months. Enhanced is building at the intersection of two major narratives – on-chain yield and options.
About Enhanced
Enhanced is building a multi-chain DeFi platform for structured yield and wealth products, starting with various derivative strategies for more assets on-chain. For more information about Enhanced, users can visit https://enhanced.finance or X at https://x.com/enhanced_defi.
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Ethereum is trading below $2.2k as the second week of Q2 gets underway. The asset is caught between a slowly improving short-term structure and a daily chart that remains firmly in bearish territory. ETH has managed to hold above the critical $1.8k support zone since the February lows, but the recovery has been choppy and unconvincing.
The macro picture on the daily chart has not materially changed over the past couple of weeks. ETH continues to trade inside a well-defined descending channel, with the 100-day MA (~$2.4k) and 200-day MA (~$2.9k) both declining overhead and forming a compressing resistance ceiling. The $2.4k zone in particular has acted as a hard cap on recovery attempts since February.
Current price sits just above the $2.15k short-term resistance-turned-support area. This level has served as a pivot zone over the past several weeks. Still, the $1.8k support band remains the most important level on the chart.
A breakdown below it on a daily close basis would expose ETH to $1.6k and $1.4k. Yet, with the price now testing the higher boundary of the descending channel, a successful breakout can lead to a rise above the $2.4k level and the 100-day moving average, which is what buyers would hope to see in the upcoming days.

On the 4-hour chart, ETH’s consolidation in the broad range between roughly $2k and $2.4k since early February is evident. The ascending trendline from the lows has been providing some short-term support. Moreover, the price has recently pushed back toward the upper end of the range, currently retesting the $2.15k area with the RSI above 50. This suggests near-term bullish momentum is building.
The key resistance to watch on this timeframe sits at $2.3k–$2.4k. This is the zone that has capped every meaningful rally attempt in recent weeks. A clean breakout and close above $2.4k would be the most constructive development ETH has seen in months and could open a run toward $2.8k. To the downside, the ascending trendline and the $1.8k support zone are the levels that need to hold for the short-term structure to remain intact.

After months of consistently positive funding rates throughout the 2025 bull market, the picture has become notably less stable since the February breakdown. While the most extreme negative readings from the capitulation period have faded, recent readings have been smaller and increasingly inconsistent. There are still brief dips back into negative territory.
This loss of conviction in funding is worth monitoring. It suggests that while the panic-driven short positioning from early February has cleared, the market has not transitioned into the kind of sustained bullish bias that characterized ETH’s rally toward $5k.
Positive funding is technically still the dominant reading, but the shrinking magnitude and intermittent red bars point to a derivatives market that remains uncertain rather than directionally committed, which aligns with the choppy, range-bound price action seen on the charts.

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