US Department of Justice Dismantles Cryptocurrency Investigation Department
Fortune Crypto reported that the US Department of Justice will dismantle the National Cryptocurrency Enforcement Team (NCET) on the 7th (local time). NCET was a task force established during the Biden administration that had been investigating cryptocurrency mixing protocol Tornado Cash and North Korean hacker groups. The media explained that "this measure is due to the Trump administration's shift in cryptocurrency regulation".
Ripple Acquires Prime Broker Hidden Road for $1.25 Billion
Reuters reported that Ripple will acquire prime broker Hidden Road for $1.25 billion. Previously, Coinness had reported that Hidden Road received acquisition proposals from cryptocurrency companies.
BlackRock Designates Anchorage Digital as Custody Partner
The Block reported that BlackRock has designated Anchorage Digital as its custody partner. BlackRock's Digital Assets Head Robert Mitchnik explained, "As BlackRock's presence in the cryptocurrency market grows, we searched for a custody provider focused on institutions, and Anchorage Digital met the conditions." BlackRock's Bitcoin spot ETF IBIT has approximately $44 billion in assets under management, with Coinbase as its existing custody partner.
Domestic Coin Trading Volume Surges 5 Times on "US Tariff Exemption" Fake News
Maeil Economic Daily reported that domestic coin trading volume increased nearly 400% as investors flocked due to fake news that Donald Trump was considering tariff exemption. According to CoinGecko, the trading volume of the top 5 domestic cryptocurrency exchanges in the past 24 hours was $678.248 million, a 368% increase from $144.753 million recorded on the 5th.
Pump.fun Deposits $9.3 Million SOL to Kraken
On-chain Lens reported that the estimated address of Solana-based meme coin issuance platform Pump.fun deposited 84,358 SOL (equivalent to $9.3 million) to Kraken. This address has deposited a total of 3,245,238 SOL (equivalent to $310 million) to exchanges so far.
Ethereum Long-Term Whale Deposits $15.71 Million ETH to Binance
Look On-chain reported that an anonymous whale address that had held Ethereum (ETH) for over 900 days deposited its entire holdings (10,000 ETH, equivalent to $15.71 million) to Binance 6 hours ago.
Cantor Fitzgerald Sets Coinbase Target Price at $245
CoinDesk reported that US investment bank Cantor Fitzgerald raised its target price for Coinbase (Nasdaq ticker: COIN) to $245 with an overweight recommendation.
Web3 Restaurant Loyalty App Blackbird Raises $50 Million
Fortune Crypto reported that Web3 restaurant loyalty app Blackbird raised $50 million in a Series B funding round led by Spark Capital.
DeFi.app Raises $4 Million Investment
According to The Block, DeFi trading platform DeFi.app raised $4 million in investment. The investment was led by Mechanism Capital and included participation from DCF Capital Partners, Coinbase's former CTO Balaji Srinivasan, Compy Capital, and George Ball Group.
Plume Receives Investment from Global Private Equity Firm Apollo
Blockchain platform Plume (PLUME), focused on regulatory-compliant real-world assets (RWA), announced strategic investment from a fund managed by global private equity firm Apollo.
Standard Chartered: "XRP Could Reach $12.5 by End of 2028"
Standard Chartered (SC) analyst Jeffrey Kendrick forecast that XRP could reach $12.5 by the end of 2028.
BTC, ETH, XRP, SOL Futures Trading Volume Surges in Past 7 Days
Glassnode reported a sharp increase in futures trading volume for BTC, ETH, XRP, and SOL over the past 7 days.
Stablecoin On-chain Trading Volume Reaches Highest Since February
Into The Block reported via X that stablecoin on-chain trading volume reached $72 billion yesterday, the highest since February.
CBOE Submits Canary Capital SUI ETF Filing
Solid Intel reported that the Chicago Board Options Exchange (CBOE) submitted a rule change proposal (19b-4) for Canary Capital's Sui (SUI) ETF.
Redstone Deploys New Oracle on MegaETH Testnet
The Block reported that modular oracle Redstone (RED) deployed its new oracle system Redstone Vault on the MegaETH testnet.
Justin Sun: "TRON Developing AI Agent to Support Stablecoin Payments"
TRON (TRX) founder Justin Sun said, "TRON is developing an artificial intelligence (AI) agent to support stablecoin payments, with plans to enable AI to issue identification and open accounts in the future."
PlanB: "BTC Will Soon See Explosive Surge"
Famous Bitcoin market analyst PlanB analyzed that "BTC could soon experience an explosive surge".
PancakeSwap Discusses 4% Annual Deflation for CAKE
PancakeSwap announced via its official X that it is discussing Tokenomics 3.0 with a goal of 4% annual deflation for CAKE.
OKX Lists WCT
OKX announced via its official website that it will list WCT/USDT on April 15th at 7:00 AM (Korean time).
Melania Community Fund Sells $30 Million MELANIA
Blockchain analysis platform Bubblemaps reported via X that the Melania (MELANIA) community fund quietly sold $30 million worth of MELANIA recently.
Bitget: "Recognized as 'Trustworthy Exchange' by Forbes Due to Regulatory Compliance"
Bit.get announced through its official homepage that it has been recognized as "the most trusted cryptocurrency exchange in the world as selected by Forbes".
SBI Holdings "No Plans to Sell Partial Stake in B2C2"
SBI Holdings refuted reports that it is considering selling a portion of its stake in the cryptocurrency market maker B2C2, which it acquired in 2020, stating "there are no plans to sell stakes".
Neo Founder "Preparing Blockchain Product Combined with AI"
Neo (NEO) founder Da Hongfei shared that he is preparing to launch a blockchain product combined with artificial intelligence (AI).
US Trade Representative "Trump Mentions No Tariff Exemption in Short Term"
US Trade Representative Jamieson Greer stated that "President Donald Trump has indicated there will be no tariff exemption in the near future".
BlackRock "Asset Market Expectations Exceed Interest Rate Reduction"
BlackRock analyzed in a recent report that "the asset market is ignoring inflation risks and overly expecting interest rate reductions from the Federal Reserve".
US Crypto Czar "Black Monday 'Hoax' is Over"
David Sacks, the cryptocurrency and AI czar of the Trump administration, announced that "the Black Monday hoax is over".
Bernstein "BTC's Resilience Impressive After Sharp Decline Due to US Tariffs"
Bernstein analyzed that "while the Trump administration's tariff policy caused confusion in both the stock and cryptocurrency markets, Bitcoin's resilience is impressive".
Binance CEO "Cryptocurrency Has Resilience Despite Tariff War"
Binance CEO Richard Teng shared that "while market volatility occurred due to tariff war concerns, cryptocurrency has resilience".
EU Commission "Will Announce Follow-up Plan for US Tariffs Early Next Week"
The European Union (EU) Commission announced that it will release a follow-up plan regarding US tariff policies early next week.
US Treasury Secretary "70 Countries Request Trade Tariff Negotiations"
US Treasury Secretary Scott Besent mentioned that "70 countries have requested (trade tariff) negotiations".
BTC Below $79,000
According to Coinness market monitoring, BTC is trading below $79,000. On Binance USDT market, BTC is trading at $78,948.43.
BTC Above $80,000
According to Coinness market monitoring, BTC is trading above $80,000. On Binance USDT market, BTC is trading at $80,027.99.
