Arthur Hayes, former BitMEX CEO, believes Bitcoin dominance could reach 70% as altcoins decline. Heโs been accumulating BTC despite the recent dip and expects whales to continue buying. Currently, BTC dominance is at 62%, the highest since 2021.
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President Trump signed an executive order mandating full transparency of federal crypto holdings, including Bitcoin, estimated at around 200,000 BTC ($17B). The move signals a strategic shift as the government reveals its digital asset reserves, including USDT, ETH, WBTC, and BNB, potentially sparking a bullish turnaround in the crypto market.
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Solanaโs meme token platform Pump.fun reintroduces livestreaming after removing it due to antisocial behavior. The new policy bans violence, harassment, and illegal content, aiming to revive user activity amid a significant drop in daily revenue.
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Justin Sun accuses First Digital Trust of misappropriating $456 million in TrueUSD reserves and calls for tighter regulation. FDT denies the claims, calling them defamatory and threatens a countersuit, while Sun offers a $50M bounty for whistleblowers.
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Amid heightened market volatility and Trump's "Liberation Day" tariffs, Strategy reported $5.91 billion in unrealized Bitcoin losses for Q1 2025. The firm, holding 528,185 BTC, paused new purchases due to declining stock participation and market pressure.
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Standard Chartered analysts forecast XRP could hit $12.50 by the end of 2028, citing its strategic role in cross-border payments. They expect it to reach $5.50 by year-end and $10.40 by 2027, fueled by regulatory optimism and potential ETF approval.
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Bernstein analysts say Bitcoinโs dip during the April 6โ7 crash was far milder than in past crises, showing growing support from institutional capital. Despite market-wide panic, BTC fell only 26% from its ATHโcompared to past 50โ70% drops.
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๐บ๐ธ U.S. DOJ Shuts Down Crypto Investigations Unit
The U.S. Department of Justice has disbanded its crypto investigations unit in line with Trumpโs executive order aiming for regulatory clarity. Deputy AG Todd Blanche said the DOJ is "not a digital asset regulator" and will now focus on targeting investor harm, not platforms like Tornado Cash.
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The U.S. Department of Justice has disbanded its crypto investigations unit in line with Trumpโs executive order aiming for regulatory clarity. Deputy AG Todd Blanche said the DOJ is "not a digital asset regulator" and will now focus on targeting investor harm, not platforms like Tornado Cash.
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The U.S. SEC will host its first dedicated crypto trading roundtable titled โBetween a Block and a Hard Placeโ on April 11. Key figures from Uniswap, Coinbase, and the NYSE will join to discuss regulatory clarity. Three more sessions are scheduled for April 25, May 12, and June 6.
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Two men were sentenced to a combined 13 years in the UK for laundering $7.6 million via crypto, exploiting Ukraineโs war-time vehicle demand. The gang used the funds for luxury purchases, including a $1.27M London home. Authorities found over $14M in crypto linked to the scheme.
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Despite market turmoil, whales are actively rotating into Solana meme coins - dumping $TRUMP and snapping up $FARTCOIN, which saw the largest net inflows of $778K. The wallet wif.sol alone acquired 4.6M FARTCOIN after selling 10 WBTC, signaling growing conviction. Meme rallies, though irrational, are once again driven by whale games and retail nihilism as stocks crash.
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As the U.S.โChina trade war escalates, Trump remains bullish, urging Americans to โbe coolโ and see opportunity in the chaos. After imposing a record 104% tariff on Chinese imports, Beijing struck back with an 84% tariff on U.S. goods. Markets sank, crypto bled, but Trump called the tariff war a โlegendary success,โ claiming countries are โbeggingโ for a deal. Despite the turmoil, he doubled down: โThe USA will be bigger and better than ever before.โ
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The team behind the MELANIA meme coin reportedly transferred $30M from community funds and began offloading tokens across exchanges, according to Bubblemaps. With no public comment and 92% of supply in team-linked wallets, the token has now plunged over 96% from its peak, sparking major concerns about transparency and decentralization.
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Binance has launched its fourth Megadrop event featuring KernelDAO, a collective restaking platform on BNB Chain. The campaign runs from April 9 to April 13, with KERNEL token trading starting April 14. Only 16.23% of the total 1B supply will be in initial circulation. Binance continues to expand with new launches and integrations like Apple Pay and Google Pay via Worldpay.
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Michael Saylorโs firm Strategy may be forced to sell some of its 528,185 BTC holdings at a loss to cover debt, as per a new SEC filing. With $8B in debt and $150M in annual dividends, financial pressure is mounting. The company bought 275,965 BTC since Nov 2024 at $93,228 avg. โ that chunk alone is now $4.6B underwater. If Bitcoin drops further below $67,458 avg. cost, a forced sale could accelerate bearish pressure.
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A sharp $326M outflow from spot Bitcoin ETFs hit Tuesday, the steepest pullback in nearly a month, as institutional investors braced for Trumpโs sweeping 104% tariffs on Chinese imports. BlackRockโs ETF led the drawdown with a $253M loss, its third-worst day ever. The move comes amid escalating U.S.โChina trade tensions, prompting large-scale de-risking and sending Bitcoin down to $75K before rebounding slightly.
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Immutable (IMX), the last major gaming token in the top 100, has now dropped out โ marking a symbolic collapse for the GameFi sector. Just a year ago, six gaming tokens held strong with a combined $29.3B market cap. Today? Only $9.2B remains.
- IMX fell 87% in a year, now ranks 103rd โ losing VanEckโs top-25 bet.
- GALA, SAND, PIXEL, NOT, and even fresh launch GUN all posted heavy losses.
- The core issue: most games donโt need a token to succeed anymore.
- New AAA crypto games like Illuvium, Shrapnel, and Deadrop focus on gameplay, not pump mechanics.
- The industry is splitting: real games with optional Web3, vs. casino-style DeFi loops.
GameFi isnโt dead โ but speculative tokens no longer guarantee success. Gameplay wins again.
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๐น๐ญ Thailand Bans Foreign P2P Crypto Services
New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand.
Fines up to $8.7K and 3 years in jail await those using โmule accounts.โ
Authorities will also hold banks, telecoms, and social platforms accountable if they donโt act.
At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use.
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New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand.
Fines up to $8.7K and 3 years in jail await those using โmule accounts.โ
Authorities will also hold banks, telecoms, and social platforms accountable if they donโt act.
At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use.
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Wunder.Social has secured $50 million in funding from Rollman Management to build a blockchain-based social network focused on user verification and ad revenue sharing. Former TikTok marketing director Ryan Martin joins as CMO ahead of the token launch later this month.
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Silk Road founder Ross Ulbricht will make his first public appearance at the upcoming Bitcoin Conference in Las Vegas. Pardoned by President Trump in January, Ulbricht plans to deliver a speech reflecting on his case and Bitcoinโs early days. His presence is expected to draw massive attention ahead of the late May event.
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