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Thursday2026/0416
04-02

Arizona Bill Could Make XRP a State Treasury Asset

Arizona is moving to make XRP a state treasury asset. XRP price itself trades at $1.28, down by 4.5% in today, with crypto sentiment at extreme fear and a single bearish prediction hitting the market. The bill that could change everything is closer to a full House vote than most traders realize.Ariz...

Bitcoin Whale Holdings Drop 188K BTC Amid Rising Sell Pressure

Bitcoin’s [BTC] market structure is facing a key test. Recent data indicates a clear shift in whale behavior as large holders are no longer accumulating; instead, they are distributing.Whale trend turns structurally bearishAccording to the recent data, addresses holding between 1K–10K BTC have flipp...

SpaceX Files Confidential IPO, Eyes $75B Raise for Expansion

SpaceX confidentially files for IPO, seeking $75B and preparing for regulatory review ahead of potential June 2026 listing.Dual-class shares and major bank underwriters aim to retain control while supporting one of the largest IPOs ever.Funds will support Starship, Starlink expansion, and infrastruc...

Ripple CTO Says Banks Focus on XRP Utility, Not Ripple’s Holdings

Joel Katz sarcastically rejects the claim that banks would avoid XRP because of Ripple’s escrowed 34B holdings.Banks evaluate XRP based on utility, cost savings, and efficiency rather than Ripple’s token ownership.This shifts focus to XRP’s real-world utility and could strengthen its institutional a...

Alabama Becomes Second U.S. State to Approve DAO Legal Framework

Alabama has become the second U.S. state to approve a DUNA framework for decentralized autonomous organizations, or DAOs. The measure, Senate Bill 277, creates a legal structure for what the law calls decentralized unincorporated nonprofit associations. Legislative records show the bill was introduc...

Coinbase Launches x402 Foundation Under Linux Foundation With Support From Google, AWS, and Stripe

Coinbase has taken a significant step toward reshaping online payments by moving its x402 protocol into an open governance model. The company helped establish the x402 Foundation under the Linux Foundation to guide this effort. This move signals a broader industry shift toward building a unified, in...

Hyperliquid's perpetual contract market share rises to nearly 6%.

ChainThink reports, according to The Block, that the decentralized perpetuals platform Hyperliquid continues to gain market share from centralized exchanges. In March, its share of total perpetuals trading volume approached 6%, up significantly from around 3.5% a year earlier, with monthly trading v...

Polymarket Integrates Pyth for Stock, Commodity, and Index Prediction Markets

Polymarket has integrated Pyth Network as the resolution source for a new slate of financial prediction markets, further extending the crypto-native platform into stocks, commodities, and equity benchmarks. The rollout includes daily direction and closing price markets tied to major equity indices, ...

Brent Crude Surpasses $140 Per Barrel, Highest Since 2008

ME News reports that on April 3 (UTC+8), spot Brent crude oil (the physical delivery benchmark for North Sea crude) surpassed $140 per barrel, reaching the highest level since 2008. According to S&P Global, the price of Brent crude delivered in the North Sea reached $141.37 per barrel, the highest s...

FBI Crackdown on Crypto Wash Trading Charges 10 Market-Making Firms

Authorities created fake cryptos to go undercover and record the illegal activity.Some of the guilty parties include firms such as Gotbit, Vortex, Antier, and Contrarian.Prosecutors and investigators say that wash trading is now systemic rather than isolated.U.S. authorities have charged 10 individu...

Taiwan Reconsiders Bitcoin Reserve Amid USD Debasement Concerns

The Bitcoin Reserve race is not just limited to the U.S. Competitors and crypto critics are now showing interest in the idea of Bitcoin Reserve. In a recent update, Taiwan, officially the Republic of China, is planning to reconsider the idea of a Bitcoin Reserve. For those unaware, this isn’t the fi...

Circle Fails to Act as $230M in Stolen USDC Flows Through Its Bridge

Circle, the company behind the world’s second-largest stablecoin, allegedly sat idle while a hacker funneled more than $230 million in stolen USDC through its own cross-chain infrastructure. That’s the accusation from blockchain investigator ZachXBT, who says Circle had approximately six hours to in...

Oil Price Reversal and Crowded Shorts Create Volatility for Crypto Market

Crude oil just pulled a classic bait-and-switch. WTI surged on geopolitical tensions, then promptly gave back nearly $3 a barrel, erasing the kind of fear premium that usually sends inflation hawks into a frenzy.In theory, cheaper oil means less inflation pressure, which means the Fed has more room ...

Coinbase Receives Conditional Approval for National Trust Charter from OCC

Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust company charter, the company announced Thursday.Coinbase Moves Closer to Federal Crypto Custody With OCC ApprovalAccording to a Bloomberg report, the OCC granted the preliminary ...

Circle to Launch Wrapped Bitcoin cirBTC Backed 1:1 by BTC

Odaily Planet Daily reports: Stablecoin issuer Circle has announced on X the upcoming launch of wrapped Bitcoin, cirBTC. cirBTC is 1:1 backed by BTC and verifiable on-chain, designed to seamlessly integrate with Circle’s infrastructure and the broader DeFi ecosystem, creating a neutral foundation fo...

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