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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

U.S. employment gains beat forecasts; BTC stays steady

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The U.S. Bureau of Labor Statistics reported U.S. employment gains of 178,000 in March, well above the 60,000 forecast. The prior month’s 133,000 job loss was also revised lower. The unemployment rate fell to 4.3% from 4.4%, beating expectations. Crypto traders saw muted price action. Bitcoin (BTC) held around $67,000 before and after the release, while Nasdaq 100 futures slipped about 0.2%. The 10-year U.S. Treasury yield rose 4 bps to 4.36%, a typical headwind for risk appetite. The article also tied the broader rate outlook to oil-driven inflation risk and Fed messaging. Powell indicated temporary oil spikes may increase short-term pressure but not justify an immediate rush to hike. With stronger labor data back in focus, traders are reassessing the timing of Fed policy rather than reacting with immediate BTC volatility.
Neutral
US JobsFed PolicyBitcoinTreasury YieldsOil-driven Inflation

Buy the Dip for XRP: Investors Turn to Accumulation During Volatility

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XRP investors are increasingly embracing a “Buy the Dip” approach, using accumulation rather than reacting to day-to-day volatility. A crypto commentator known as Bird highlighted on X that consistent buying—regardless of portfolio size—is becoming common among XRP holders. The article frames the strategy as dollar-cost averaging: investors purchase XRP incrementally during downturns to smooth entry prices and reduce emotional decision-making. This shift is also described as a move away from speculation-driven trading toward disciplined long-term positioning and broader participation. Market context is cited as supportive. XRP is said to be in a consolidation phase with reduced speculative momentum, which historically can create accumulation opportunities as attention fades. At the same time, ongoing blockchain adoption and payments-focused infrastructure are presented as strengthening XRP’s longer-term utility narrative. Traders may interpret this as constructive for order flow: steady dip-buying can underpin dips and potentially make rebounds more durable. However, the piece notes short-term direction remains uncertain, so the main impact is more about gradual positioning than immediate price confirmation. Disclaimer: This is informational content and not financial advice.
Bullish
XRPBuy the DipDollar-Cost AveragingMarket VolatilityAccumulation Strategy

Bitcoin liquidation map: $65k support, $68k squeeze zone

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The Bitcoin liquidation map from Coinglass highlights a tight leverage battleground for BTC. According to the derivatives “liquidation heatmap,” Bitcoin is currently positioned between two dense liquidation clusters that could trigger a large forced-flow move. If BTC trades below $65,000, the cumulative long liquidation intensity on major centralized exchanges is estimated at about $1.143 billion. This “long liquidation wall” suggests a break of $65k could spark forced selling and fast downside continuation. If Bitcoin instead pushes above $68,000, short liquidation intensity could rise toward roughly $754 million. In that scenario, shorts may be forced to cover, which can amplify upside price spikes via automated margin protection and knock-on order flow. Coinglass stresses the chart shows liquidation intensity (relative reaction potential) rather than an exact contract count at each price. Traders should treat the $65,000–$68,000 corridor as structurally risky, where leverage positions are most likely to unwind. For traders, the Bitcoin liquidation map is a practical risk-management reference: plan entries and stops with $65k and $68k in mind, because either break can accelerate volatility through cascading liquidations and slippage—especially in thin order-book conditions.
Neutral
BitcoinLiquidationsDerivatives heatmapLeverage risk managementShort squeeze

Retail Bitcoin Activity Hits Historic Low as Binance Inflows Fall

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On-chain data cited by analyst Darkfost shows Retail Bitcoin activity has fallen to the lowest level since 2017, with the 30-day average BTC inflow to Binance from small investors (<1 BTC) at ~332 BTC (Binance launch-era low). Trading-wise, this matters because Retail Bitcoin activity has also been winding down over the past year, which often aligns with ongoing corrections. The latest report points to two drivers. First, more holders keep BTC on exchanges instead of withdrawing to self-custody wallets, so exchange-holding reduces visible inflow signals. Second, spot Bitcoin ETFs (since Jan 2024) shift part of retail exposure away from direct on-chain movement; retail inflows to Binance were ~1,000 BTC in Jan 2024 and are now about one-third. For traders, the negative takeaway is not only weaker Retail Bitcoin activity, but also potential near-term volatility and slower demand recovery even while US spot Bitcoin ETFs continue to provide a steadier inflow channel. BTC is trading around ~$67k, while market structure still shows liquidity management via notable sell walls near $67.5k and $68k.
Bearish
Retail BitcoinBitcoin ETFBinance InflowsOn-chain DataMarket Sentiment

Shiba Inu Faces Bearish Pressure as $0.0000060 Rejects

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Shiba Inu (SHIB) is trading near $0.00000609, up about 6% in 24 hours, but analysts say bearish pressure remains as resistance holds around $0.0000060. In the 4-hour structure, Crypto Patel notes repeated rejection near the $0.0000060 resistance/order block has weakened momentum and shifted price action to lower highs—often a setup for bearish continuation. Key technical levels highlighted for Shiba Inu: a downside liquidity target near $0.00000562 (about 6% below current levels) and a deeper draw zone around $0.00000523 (roughly 12% lower). A bearish scenario could accelerate if SHIB fails again at the $0.0000060 order block. On-chain and flow indicators also lean sell-side. Exchange netflow reportedly rose 2.5% to about 161 billion SHIB within 24 hours even while SHIB rose 3.7%, suggesting holders are selling into strength rather than accumulating. Exchange reserves have also increased to roughly 81.51T SHIB (from ~81.32T on April 1), which can imply more supply on exchanges and added price pressure. Invalidation point: a 4-hour close above $0.00000630 would undermine the bearish setup and could help absorb selling momentum.
Bearish
Shiba InuSHIB Technical AnalysisOrder Block ResistanceExchange NetflowLiquidity Targets

Good Friday stock market closure: liquidity & volatility

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Good Friday stock market closure shuts down major global equity trading on April 3, pausing activity across the US, UK, and India. The NYSE and Nasdaq halt for the full day, while bond markets were already closed early Thursday. This creates a rare liquidity slowdown in Western markets, which can amplify crypto reactions to any macro headlines. Trading resumes in the US on Monday, April 6. The UK, Europe, and parts of the Commonwealth stay closed longer and reopen on Tuesday, April 7—creating a multi-day trading gap that often increases volatility when markets reopen. Ahead of the break, equities were shaky: the Dow slipped after a volatile session, while oil jumped on developments tied to the Iran conflict, triggering broad index swings. Energy remains central. Attention focuses on the Strait of Hormuz, a key shipping route; reports that Iran and Oman were coordinating to monitor shipping traffic briefly eased fears, helping stocks recover. However, uncertainty persists. Next catalysts include US economic releases such as jobless claims and the monthly jobs report, plus ongoing geopolitical updates. Lower holiday volumes typically mean smaller news can move prices more sharply. For crypto traders, the key takeaway is that the Good Friday stock market closure may reduce cross-asset liquidity now, then raise the odds of bigger moves when traditional markets reopen.
Neutral
Good Friday marketscrypto liquidityvolatilityoil & Strait of HormuzUS jobs data

US March NFP beats: 178k jobs; BTC tops $67k, dips

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US March NFP came in above expectations: nonfarm payrolls added 178,000 jobs and the unemployment rate stayed at 4.3%, according to the BLS. Wages rose modestly (0.2% m/m; +3.5% y/y), while prior months’ figures were revised—January was raised and February was cut further. The crypto market reacted immediately. After the NFP release, Bitcoin surged to just over $67,000, but momentum faded and BTC quickly retraced to around $66,850. Ethereum also followed a similar pattern, briefly topping about $2,080 before pulling back. Traders are interpreting this NFP print as “growth supported, but not inflation-breakout,” so rate-cut timing remains a key uncertainty. The result was short-term risk-asset whipsaw: a fast buy impulse followed by profit-taking and re-pricing of Fed expectations.
Neutral
US NFPBitcoin volatilityFed rate cut expectationsUnemployment rateWage growth

Russia to require reporting foreign crypto wallets to tax office

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Russia plans new digital-asset rules that require Russians to report foreign crypto wallets to the Federal Tax Service (FNS). The draft package filed in the State Duma includes the flagship “On Digital Currency and Digital Rights,” expected to be adopted during the spring session by July 1. Key points for traders: foreign crypto wallets must be disclosed to the FNS within one month of opening or closing. Permanent Russian residents also must file tax reports for crypto transactions tied to foreign-based wallets. While holding such wallets would not be outright banned, payments for assets bought abroad must be made using foreign fiat accounts—an apparent attempt to curb capital flight. The wider framework also increases state control and limits risk exposure: - Non-qualified investors can buy crypto legally, but capped at 300,000 rubles per year (under ~$3,700) and limited to a small set of the most liquid coins. - The Central Bank wants commercial banks’ crypto investments capped at 1% of capital. - Existing exchanges get a one-year window to apply for licensing (deadline aiming for July 1, 2027). - A “digital depository” model and “identifier address” concept would link persons/entities to wallet-like identifiers, heavily favoring custodial flows. - Direct withdrawals to non-custodial wallets are prohibited; moving crypto to regulated accounts may require proof of fund origins. Net takeaway: the reporting of foreign crypto wallets and the push to route transactions through licensed domestic intermediaries add compliance friction and reduce onshore fungibility for overseas exchange flows, which can alter liquidity and trading access.
Bearish
Russia regulationtax reportingcustody and compliancebank investment limitsexchange licensing

Aave V3 “Zero Bad Debt” Study: On-Chain Liquidations Shift Risk to Borrowers

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A Bank of Canada staff report says Aave V3 on Ethereum achieved “zero bad debt” in 2024. Using transaction-level data from Jan 27, 2023 to May 6, 2025, the study argues that over-collateralization and automatic on-chain liquidations helped prevent lender losses by closing positions before collateral value fell below outstanding debt. For traders, the key nuance is risk shifting rather than eliminating it. Aave V3 replaces traditional credit checks with automated risk controls, so liquidation thresholds are enforced by protocol logic. Liquidations can cluster in market drawdowns, and the report estimates borrower hit rates of about 5%–10% from liquidation fees, potentially rising to 10%–30% when missed upside after price rebounds is included. The report also quantifies stress points. Recursive leverage makes up about 20% of total borrowed volume and 8.2% of borrowing transactions. Liquidation activity appears in “waves,” with four assets—WETH, wstETH, WBTC, and weETH—accounting for roughly 90% of total liquidated value. While the “zero bad debt” narrative may support DeFi lending risk sentiment, AAVE traders still face broader technical caution per the article’s market snapshot.
Neutral
Aave V3DeFi Lending RiskOn-Chain LiquidationsCollateral WETH wstETH WBTC weETHBorrower vs Lender Risk

Drift Protocol exploit drains $286M on Solana; DPRK-linked laundering suspected

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A Solana-based DeFi perps venue, Drift Protocol, suffered a major Drift Protocol exploit on April 1, draining about $286 million across nearly 20 vaults within ~20 minutes. Drift paused deposits and withdrawals and said it was coordinating with security firms, bridges, and exchanges. Elliptic later released an investigation claiming the on-chain behavior and network indicators match prior DPRK-linked operations. The report suggests the attacker likely compromised administrator private keys, enabling takeover of security governance controls and withdrawals. Elliptic’s findings point to a staged operation: the attacker created/used a wallet about eight days before the exploit and received a small test transfer from a Drift vault. The Drift Protocol exploit targeted three main vaults—JLP Delta Neutral, SOL Super Staking, and BTC Super Staking—plus a reported single JLP transfer worth $41.7 million (cited as ~155 million in value terms in the article). After the incident, the funds were allegedly swapped via Jupiter (Solana DEX aggregator) into USDC, bridged to Ethereum, and then rotated across multiple wallets using ETH and other assets. Trading/market impact signals in the article include Drift’s TVL falling from ~$550 million to under ~$250 million. The piece also references alleged links to prior large hacks attributed to North Korean actors (e.g., methods compared to Bybit’s $1.4B breach). For traders, the key takeaway is that this Drift Protocol exploit could raise short-term risk aversion toward Solana DeFi governance and admin-key/multisig designs, while also increasing monitoring of stolen-asset flows on SOL, USDC, and across Ethereum.
Bearish
Solana DeFiDrift Protocolcrypto exploitDPRK-linked hackingcross-chain laundering

Cryptocurrency prices under pressure after strong U.S. employment data; Fed rate-hike risk rises

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Cryptocurrency prices under pressure as U.S. labor-market data beat expectations, strengthening the case for tighter monetary policy. The report showed unemployment at 4.3% (vs. 4.4% prior, slightly better than expected) and non-farm payrolls rising 178,000 (well above the 65,000 consensus and vs. -92,000 prior). However, average earnings increased 3.5% y/y, below the 3.7% forecast and 3.8% prior. The article notes that strong jobs data is exactly the kind of resilience the Federal Reserve has wanted to see, but it can hurt risk assets—especially cryptocurrency—when markets reprice toward higher rates. With equities and other major markets closed for the holiday, crypto trading could see sharper swings in the coming hours. Geopolitical and inflation catalysts remain in focus. Ongoing conflict and higher oil prices are expected to feed into inflation readings later this week. The piece also cites former President Donald Trump commenting on the conflict and Strait of Hormuz-related risks, reinforcing the view that economic effects may intensify rather than fade. Traders are likely to watch upcoming U.S. inflation data closely for signs inflation accelerates. If inflation confirms an upturn, the Fed may move decisively away from any expectation of near-term rate cuts—adding further headwinds to cryptocurrency prices. Crypto market participants may therefore stay positioned for volatility as macro and geopolitical signals evolve.
Bearish
U.S. employmentFederal Reserve policycrypto volatilityinflation riskrate-hike expectations

Cathie Wood says Bitcoin is done with 85% drawdowns, targets $34K

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ARK Invest CEO Cathie Wood told CNBC’s Squawk Box on April 1 that Bitcoin is “done” with 85%+ drawdowns versus all-time highs. She argues the prior 85%–95% “collapses” were tied to early-stage adoption, but Bitcoin is now a proven monetary system and asset class. Wood’s new framework implies a potential floor near $34,000. Analyst Tony Severino echoed this by predicting a 72% maximum drawdown next, writing “=$34,000” on X. The article notes trader consensus typically places the next major Bitcoin floor around $40,000–$50,000, but Wood’s call suggests downside may be limited further. Onchain data referenced from Glassnode shows the current bear market’s maximum downside has been about 52% versus Bitcoin’s October 2025 record of $126,200—less severe than past cycle norms that often approached ~80% losses. Another analyst, Bloomberg Intelligence’s Mike McGlone, warned BTC may already be drifting toward seven-year lows. Seasonality factors are also cited. Network economist Timothy Peterson shared data indicating April historically becomes a recovery month during bearish phases. Meanwhile, the March monthly close ended a five-month losing streak for BTC/USD with a modest +1.8% gain. For traders, the headline is a narrative shift: BTC’s bear-market downside may be nearing an inflection point, with renewed attention on April for a potential reversal—especially if price action confirms the move toward $34K as a base.
Neutral
BitcoinCathie WoodBTC price predictionBear market seasonalityOn-chain drawdown

XRP Price Drops on 10-Year Losing Streak; Breakout Watch

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XRP is extending its worst monthly losing streak since 2014, with six straight months of declines and a drop of more than 55% since Oct 2025. The article says XRP trades around $1.32 and averages about a 10% monthly slide, while the broader crypto market shows mixed signals. Pressure factors highlighted include market uncertainty, investors taking profits after earlier gains, rotation toward rival blockchains, and liquidity swings plus whale activity. Traders are also watching the 50-month EMA as a key technical level. Despite the bearish backdrop, analysts point to potential stabilization. GainMuse flags a local wedge breakout setup and describes a “liquidity grab” after XRP slipped below a macro floor—followed by a fast rebound that turns the level into confirmed support. The next decision zone is $1.38 resistance; a clean break could open “primary liquidity” and accelerate a rally. The article also notes XRP confirmed a bull flag on the 3-month chart, marking its first green candle in months. Still, with XRP losing streak not fully over, traders may expect volatility as price tests support and attempts to overcome $1.38.
Bearish
XRP pricecrypto technical analysisliquidity grabbull flag breakoutmarket volatility

Bitcoin Price Range Near $66K Signals Weak Demand

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Bitcoin price is holding around $66.5K, near the lower edge of a $66K–$69K consolidation range since early March. With US markets closed and geopolitical jitters elevated, crypto lacks a key risk-on benchmark and retail demand remains cautious. FxPro cites mounting seller pressure behind the Bitcoin price range. Large holders have shifted from accumulation to selling, with CryptoQuant data showing addresses holding 1,000–10,000 BTC reducing 188,000 BTC over the past year. US demand also appears weaker: the Coinbase Premium Index has turned negative, suggesting US investors are no longer driving BTC growth via spot buying. Corporate support is fading as well. Over the past few months, at least seven corporate holders reduced reserves by about 22,000 BTC. Glassnode notes that more than 40% of BTC was bought above $80K, which can cap upside if those cost-basis holders choose to sell on rebounds or further declines. Traders should watch the Bitcoin price range breakout: a move outside $66K–$69K would likely end consolidation and set the next direction. In the meantime, Solana remains softer, trading near $80 close to February lows despite relative market stability. Context: Japan’s Metaplanet increased its Bitcoin treasury to 40,177 BTC (avg buy price $104,106), but this single headline was not enough to offset the broader demand/supply imbalance.
Bearish
Bitcoin priceBTC consolidationOn-chain sellingWeak US demandMarket structure

Ethereum vs Bitcoin: ETH/BTC Bottoming Setup Signals Possible Breakout

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Crypto analyst CrediBULL Crypto says the ETH/BTC pair is no longer breaking down and may be nearing a bottoming phase. The 12-hour ETH/BTC chart shows a long grind lower since mid-2025, followed by selling-pressure exhaustion as price action compresses into a macro support band near 0.02143–0.02626. The outlook uses an Elliott Wave structure: a prior five-wave impulse (peaking around 0.0420) appears complete, and the current correction could evolve into the next leg. A key trigger is reclaiming prior range lows around 0.0308–0.031, which have flipped to resistance. Failure to reclaim that level could delay the bullish scenario, but repeated attempts to push higher suggest momentum is stabilising. The article also references a Wyckoff-style accumulation read-through on the ETH/USD 30-minute chart. ETH is described as trading in a range just above $2,000, with support reactions in the ~$1,900–$1,950 zone. Resistance sits roughly in the $2,120–$2,200 area, with a possible retest below $1,900 before an upside resolution toward $2,400 and potentially higher. For traders, the core takeaway is that ETH/BTC appears to be transitioning from downside pressure to a range-bound consolidation that could precede an ETH outperformance move versus Bitcoin.
Bullish
EthereumETH/BTCTechnical AnalysisSupport & ResistanceCrypto Trading Signals

NIGHT token volume surges 300% as price slips in downtrend

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Midnight (NIGHT) saw a sharp 300% volume increase over the past seven days, but the price did not follow through. NIGHT continues to trade in a long-term downtrend around $0.044–$0.045, with lower highs and weak consolidation near local lows. Technical positioning stays bearish: major moving averages remain sloping downward, and price trades below them. Brief rebounds failed to produce higher highs, suggesting bearish control is still intact. Traders’ flows also point to distribution rather than accumulation. Despite higher activity, the article cites consistent net outflows on both futures and spot, plus erratic short-term inflows that quickly reverse—indicating limited buyer conviction. Exchange long/short ratios are skewed toward shorts, reinforcing expectations of further downside or weak range trading. Fundamentally, NIGHT is the governance and utility token of a privacy-focused chain using zero-knowledge proofs for selective disclosure. However, the report argues that current price action is not being driven by fundamentals; positioning and flow dominate. Key levels to watch: a recovery would require regaining and breaking above resistance roughly in the $0.05–$0.058 zone. Otherwise, traders should expect either another leg down or prolonged sideways consolidation near current lows—especially if volume continues to rise due to exits rather than accumulation.
Bearish
NIGHTmarket volume spikedowntrendderivatives positioningprivacy blockchain

Ethereum and NEAR slip as Trump speech and geopolitics pressure crypto

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Crypto markets are under pressure after former U.S. President Donald Trump’s national address, with risk appetite weakening and Bitcoin holding near $67,000. Analysts say ongoing geopolitical tensions may prolong the downturn, limiting quick recovery. NEAR is in the spotlight after a prolonged altcoin correction. Market commentator “Altcoin Sherpa” said he exited his NEAR position but still views the 0.618 Fibonacci zone as solid support, reinforced by converging EMAs. Traders are watching whether NEAR can hold above $1.23. If it does, the next resistance sits near $1.297; failure would keep recovery prospects capped. Ethereum (ETH) remains the key for broader altcoin momentum. ETH has not reclaimed the crucial $2,100 level and is hovering around $2,050. Analyst “DaanCrypto” warns that unless ETH breaks out of its current trading channel, upside attempts may simply confirm a bearish trend. Support is described around $1,900, with a deeper level near $1,500 if selling accelerates. On positioning signals, “Mister Crypto” notes buyer activity is at its highest since 2022, but spot and ETF flows do not clearly confirm it. Additionally, alleged large ETH purchases by Drift protocol hackers may distort on-chain readings. Institutionally, Ethereum-focused ETFs recorded an outflow of $71.2 million yesterday, pushing ETF assets to levels last seen in August 2025—suggesting sustained caution. Keywords: Ethereum, NEAR, Bitcoin, ETF flows, altcoin support/resistance.
Bearish
Ethereum (ETH)NEAR support levelsTrump speech impactETH ETF outflowsAltcoin market correction

Binance Prediction Market Feature Spurs XRP/ADA Whale Accumulation

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Binance prediction market feature news landed alongside fresh XRP and ADA whale activity, adding a bullish tone to otherwise weak markets. Binance prediction market feature: Binance says it will launch a prediction-market tool inside its wallet by aggregating third-party platforms, covering themes from sports and economics to crypto; users must update the app. In parallel, Binance listed several pairs on its Cross Margin program (APT/U, ENA/U, FET/U, NIGHT/U, TRUMP/U, WLD/U, TRUMP/USD1) and removed others that no longer met criteria (including ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD, XRP/TUSD). For XRP, the token trades around $1.31 (about -10% over two weeks). Despite price softness, whales accumulated nearly 200 million XRP in seven days—often a sign of confidence and potential upside attempts if sentiment stabilizes. Ripple also highlighted enterprise product launches (Digital Asset Accounts, Unified Treasury) and KBRA assigned Ripple Prime a BBB issuer rating. For ADA, whales reportedly bought about 220 million ADA in a week, pushing total holdings to ~13.84B ADA. ADA is around $0.24 (about -28% YTD). Some traders expect a rebound (e.g., calls for a move above $0.60 in Q2), but timing remains uncertain. Overall, Binance prediction market feature plus exchange listings may attract incremental flows, while whale accumulation supports the idea of a possible near-term bottom in XRP and ADA.
Bullish
BinanceXRP whalesCardano (ADA)Prediction marketsCrypto exchange listings

Cardano Foundation Cuts ADA, Boosts Bitcoin & Cash Reserves

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Cardano Foundation’s 2025 Activity and Financial Insights Report shows a major treasury shift away from ADA. The Foundation’s total assets fell to 287.5 million CHF (~$361M), down 45% from end-2024, reflecting the weaker ADA price. More importantly for traders, the reserve mix changed sharply. ADA’s share dropped from 76.7% of assets (with Bitcoin at 14.9%) to about 51.6% by end-2025. Meanwhile Bitcoin rose to 25.5%, and cash/cash equivalents and financial assets increased to 22.9%. In dollar terms, this implies roughly ~$186M in ADA, ~$92M in BTC, and ~$83M in cash/financial assets. Bitcoin’s growing share was not driven by fresh buying. The Foundation reduced its BTC holdings by 37% to 656 BTC (from 1,054 BTC). The shift was instead powered by relative performance: ADA fell ~63% over the year, while BTC declined ~25%. The Foundation also described more active, “layered” reserve management. Part of its Bitcoin allocation was invested in loans and collective investment schemes, while financial assets (including loans and investments) rose to 43.9M CHF (~$54.9M) from 14.3M CHF. Spending priorities for 2025 were restructured into three pillars: technology (40.3%), adoption (39.6%), and governance (20.1%). The Foundation highlighted work tied to identity (Veridian), traceability (Originate), and broader DeFi/liquidity and stablecoin-related institutional adoption. For 2026, the key question is whether this ADA de-risking and diversified balance sheet can stabilize Cardano’s economics and support broader DeFi and stablecoin demand.
Neutral
CardanoADA TreasuryBitcoin ReservesDeFi LiquidityStablecoins

Gold and silver futures surge on Binance as geopolitics hit Bitcoin

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Gold and silver futures are surging on Binance, with activity concentrated in non-crypto safe-haven contracts as geopolitical tensions rise. Traders cite US trade tariffs, West Asian tensions, and stalled Russia-Ukraine peace talks as key drivers of risk-off sentiment. The article links this shift to bearish implications for crypto. Bitcoin’s probability feed for reaching $100,000 by June 30 is described as under pressure, while Bitcoin’s prediction market shows zero trading volume—suggesting limited speculative conviction. As “gold and silver futures” attract more attention, the message is that some investors are rotating toward traditional hedges instead of crypto. The risk-off backdrop is typically negative for Bitcoin because it reduces crypto’s safe-haven appeal. For Bitcoin to regain momentum, the article argues that geopolitical stress must ease, or there must be a major institutional endorsement. Traders are advised to monitor developments around US-Iran talks and Russia-Ukraine negotiations. If the news flow turns risk-on, capital could re-enter Bitcoin; if tensions escalate further, “gold and silver futures” may continue to pull demand away from BTC.
Bearish
BitcoinGold and Silver FuturesBinanceGeopolitical RiskSafe-Haven Rotation

Trump FY2026 Budget Proposes $73B Nondefense Discretionary Spending Cut Ahead of June FOMC

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President Trump’s FY2026 budget proposal calls for a $73B cut to US nondefense discretionary spending. The article links this fiscal tightening to Fed policy expectations, arguing it could reduce growth and inflation pressures, potentially lowering the odds of a June 2025 FOMC rate cut. Traders are watching the June 18 FOMC meeting. The market signal is currently unclear, with no meaningful trading volume in the referenced prediction market for Fed rate decisions—suggesting participants are waiting for clearer macro data or guidance from Fed Chair Powell. If the nondefense discretionary spending cut is seen as sufficient to control inflation, the Fed may keep rates unchanged rather than turn dovish. The article highlights risks of price swings if large orders enter, while noting that a “YES” position for a June rate cut would pay out only if the Fed reads enough economic slowdown or deflationary signals. Key watch items include upcoming Fed speeches and major releases, especially nonfarm payrolls and CPI. Powell’s comments and shifts in financial conditions are flagged as critical triggers for market repricing.
Bearish
US federal budgetFOMC rate cut oddsfiscal impactinflation outlookcrypto market liquidity

CTSI rockets 100% as Cartesi nears L2BEAT Stage 2

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Cartesi (CTSI) surged nearly 110% to around $0.049 on Friday, hitting a 3-month high and lifting trading volume sharply higher. In the past 24 hours, Cartesi price activity saw volume rise about 1,260%, a sign of strong spot and derivatives demand. The breakout is linked to three catalysts. First, Cartesi’s fraud-proof Permissionless Refereed Tournament is reportedly nearing L2BEAT Stage 2 security classification, which would improve perceived decentralization and security versus competitors using permissioned validators. Second, developer momentum around Cartesi Machine deployments is progressing, with implementation deadlines tied to high-throughput application shipping. Third, after weeks in a tight $0.02–$0.025 range, the move above long-term resistance triggered a volatility spike and a short squeeze. Technical signals suggest upside may face near-term friction. On the daily chart, Cartesi price has broken out of a descending parallel channel and already reached the breakout target, while the RSI is in overbought territory. Chaikin Money Flow is negative, implying some investors are rotating into profits. Traders may look for a retest of the $0.030 support area before any attempt to extend the rally. Disclosure: This is educational content, not investment advice.
Bullish
CartesiCTSI Price SurgeL2BEAT Stage 2 SecurityLayer 2 ScalingTechnical Indicators

AccuQuant automated trading for Ethereum contracts targets $7k/day

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Ethereum price is trading weak after a sharp drop and a break below a key support zone near the daily moving average. Bearish momentum (MACD) reportedly intensified, and traders are watching resistance around $2,200 for any rebound that could prevent a deeper pullback. Against this backdrop, AccuQuant launched an automated Ethereum contract trading system positioned for intraday “swing” execution. The offer claims users can capture frequent small moves and “earn $7,000 per day,” framing the value as emotion-free, 24/7 algorithmic execution rather than manual timing. AccuQuant automated trading is marketed as AI-driven: it continuously monitors the market, selects long/short decisions, and automatically executes trades. The article also promotes step-by-step onboarding (including a $20 welcome bonus) and provides example performance tiers tied to different starting amounts. For traders, the immediate takeaway is not a protocol upgrade or on-chain change, but a growing push toward automation during volatile conditions. If more retail flow shifts to systematic execution, it may slightly increase short-term liquidity and activity around ETH levels—though the promotional nature of the piece limits confidence in the performance claims.
Neutral
AccuQuantEthereum automated tradingAI crypto botsIntraday swing strategiesMarket volatility

RBI OKs Emirates NBD’s $3B stake buy in RBL Bank

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RBL Bank shares edged up after India’s Reserve Bank of India (RBI) approved Emirates NBD Bank PJSC to buy up to a 74% stake in the Mumbai-based private lender in a cross-border deal valued at about $3.05 billion (₹26,853 crore). In an April 2 filing to the BSE and NSE, RBL Bank said the RBI approval came via a letter dated April 1, 2026. The plan lets Emirates NBD acquire up to 74% of RBL’s paid-up share capital, with conditions that it must hold at least 51% so RBL is treated as a foreign bank subsidiary where Emirates NBD is the parent foreign bank. The RBI also eased governance requirements: the requirement that at least half of directors attending board meetings be independent directors was relaxed. RBL Bank will still need to amend its articles of association and obtain further central bank approval. For the investment timeline, RBL previously disclosed Emirates NBD’s interest in purchasing a 60% stake for ₹26,853 crore—the largest cross-border financial-sector acquisition in India, per the report. Following the news, RBL Bank stock closed at ₹301.70, up marginally (about 0.017%) versus the prior close of ₹301.65.
Neutral
RBI approvalEmirates NBD acquisitionRBL Bankcross-border bankingfinancial regulation

Drift Protocol exploit on Solana ties Lazarus to Bybit $1.4B hack

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A Drift Protocol exploit on Solana is reportedly linked to the North Korea-linked Lazarus hacker group, with on-chain wallet forensics pointing to the same actors behind Bybit’s $1.4B hack. The Drift Protocol exploit was not limited to one multisig: funds were moved to new Security Council members’ wallets, which were then compromised using pre-signed transactions prepared on March 31. Researchers citing DivergSec analysis plus reports from Elliptic and TRM Labs say wallet behavior matches Lazarus patterns: initial funding via Tornado Cash, rapid bridging to ETH, and subsequent fund consolidation/mixing. Lazarus has conducted 18 attacks year-to-date, according to Elliptic. Impact across the Solana DeFi ecosystem is widening. Drift still holds about $232M TVL (down from $550M+), while multiple protocols lost funds or had vaults frozen. Examples include Reflect Money (USD+ yield), DeFi Carrot (50% TVL loss, CRT tokens affected), Ranger Finance (rUSD exposure), PiggybankFi (about $106K), Project0 (paused loans), and Pyra (all funds drained). At least 11 protocols have been affected so far. Drift also sent an on-chain message to ETH wallets holding hack proceeds, suggesting it identified the parties involved. Traders should watch SOL liquidity, DeFi lending risk premia, and further alerts/claims from investigators as funds tracking continues.
Bearish
Drift Protocol exploitSolana DeFi hacksLazarus group attributionMultisig compromiseOn-chain fund tracking

Bitcoin funding rates surge 300%: long squeeze risk rises

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Bitcoin funding rates surged more than 300% in a day on April 3, with BTC briefly trading above $67,200. The jump suggests leveraged traders are adding bullish exposure and long-position holders are paying higher fees. However, Bitcoin open interest was slightly lower (about -0.12%), implying the funding spike may reflect repositioning of existing positions rather than strong new capital inflows. Near-term price drivers remain mixed. The article highlights support around $67,000; holding it could push BTC toward $68,500. A break below $66,500 may accelerate selling. At the same time, Bitcoin ETFs saw weak demand signals, with $375 million in weekly net outflows reported by Lookonchain. Prolonged outflows could reduce institutional support and pressure the market further. Technical signals also point to caution: RSI around 44 indicates mild weakness, and BTC is below major moving averages (MAs). Overall, the sharp rise in Bitcoin funding rates looks like a potential overheating signal, where elevated costs can quickly flip sentiment if price stalls.
Neutral
BitcoinFunding RatesPerpetual FuturesBitcoin ETFsDerivatives Positioning