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The Ethereum treasury company founded by Wall Street analyst Tom Lee is now underwater by more than $6.3 billion. Bitmine paid an average price above $3,600 per ETH across its holdings, while Ethereum

Ethereum Power Play: Bitmine Rockets Past 5M ETH With Fresh 101,901 Purchase

CC: Institutional Privacy L1

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestDaily 5K USDT Airdrop - Join & Win!Indonesia, the newest member of BRICS, is showing the alliance how to successfully kick

BTC Breakout Soon—Guess & Win Millions HTX

Indonesia, the newest member of BRICS, is showing the alliance how to successfully kick-start the de-dollarization agenda and be successful in it. For the uninitiated, Indonesia launched a local currency transaction (LCT) framework in 2025, pushing both retail and businesses to switch to local currencies. In a remarkable change of events, the country has been successful in implementing it as transactions in local currencies soar.The US dollar mostly remains out of the LTC system, giving Indonesia’s local currency, the rupiah, leverage in trade and transactions. In the latest move, Indonesia’s businesses have also adapted to the de-dollarization push, signalling increasing usability of their local currency. Indonesia gives BRICS a blueprint on how to successfully manage de-dollarization and normalize the development. This comes at a time when the alliance is scrambling on how to push local currencies under the Trump administration.Data from the government agencies show that transactions under the local currency transaction (LCT) framework surged 163% year-on-year. It reached a high of $8.45 billion in January–February 2026, up from $3.21 billion from last year. The number of users quickly climbed to 14,621 in February, with an average monthly user count of 16,030. That’s well above the 2025 average. Indonesia is providing a real-world de-dollarization case study for BRICS, demonstrating exactly how to operationalize local currency settlements at scale.The increase in LTC signals confidence in the local currency framework, which also dents the US dollar’s prospects. The main reason for the increase in adoption is that trading in local currencies reduces the majority of transaction costs. De-dollarization not only benefits Indonesia, but the whole BRICS bloc could strengthen its GDP and economy.Also Read: Indonesia to Start Buying Oil From BRICS Member

Indonesia, the newest member of BRICS, is showing

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestSplit 1,000 USDT: Share Your Thoughts on ABEthereum Builds Quiet Accumulation As $2.4K Cap Refuses To CrackLogin yellow ba

Split 1,000 USDT: Share Your Thoughts on AB

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Ethereum Builds Quiet Accumulation As $2.4K Cap Refuses To Crack
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Alexey Bondarev
14 hours ago
#Ethereum
Ethereum Builds Quiet Accumulation As $2.4K Cap Refuses To Crack
Ethereum (ETH) is closing April above $2.3k, pressed against the same $2.4k resistance it has tested repeatedly since mid-March without a clean break.

ETH Price Action At $2.4K
The cryptocurrency sits at the threshold of its most significant breakout in months or another rejection at the gate.

What has changed on the daily chart over the past four weeks is not the resistance, but the floor beneath it.

Each pullback has found support at a higher level, climbing from the $2k area to $2.1k and now to roughly $2.2k near the 100-day simple moving average.

The RSI holds in the high-50s, a reading that lacks the momentum collapse seen before earlier failed attempts but still falls short of the strength needed to clear $2.4k.

Also Read: The Block Hires Goldman, Fox Veteran Steve Chung As CEO

Funding Rates And Trader Outlook
Phemex analysts point to open interest stabilizing near $30 billion, framing the setup as a leverage reset rather than capitulation.

ETH funding sits at -0.0044, a mixed reading rather than the deeply negative posture seen on Bitcoin, leaving fewer trapped shorts to fuel a squeeze.

A close below the $2.3k trendline opens the $2.1k to $2k zone, while losing $1.8k would unwind the recovery that began in February.

The current setup follows a sharp slide from roughly $3,500 in late January to $1,840 in February, after which ETH ground sideways through March before April's higher-lows sequence took shape.

Read Next: Quantum Test For Bitcoin Misleading? Google Scientist Slams 1


Ethereum Builds Quiet Accumulation As $2.4K Cap Re

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Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, unders

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand - EconoTimes

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestDaily 5K USDT Airdrop - Join & Win!Trump’s second Mar‑a‑Lago TRUMP memecoin gala goes ahead as the token crashes, turning 

Trump’s second Mar‑a‑Lago TRUMP memecoin gala goes ahead as the token crashes, turning “exclusive” on‑chain access into a cut‑rate lesson in political token risk. Summary Trump’s second Mar-a-Lago memecoin gala went ahead as the $TRUMP token trades nearly 80% below last year’s level. Top holders now gain access to the “exclusive” event at a fraction of 2025’s on‑chain entry cost. Critics say the crash exposes retail pain and the shrinking appeal of personality‑driven political tokens. The second annual Trump memecoin conference at Mar-a-Lago proceeded on April 25 even as the president’s flagship $TRUMP token languished near record lows around $2.83, roughly 80% below where it traded during last year’s event, according to the New York Times. Despite the drawdown, hundreds of top token holders still traveled to Palm Beach for a mix of speeches, merch, and photo ops with Donald Trump. This year’s gala, hosted at Trump’s Mar-a-Lago resort in Florida, brought together the 297 largest $TRUMP holders for a conference and luncheon, with the top 29 invited to a VIP reception and champagne toast with the president. “Attendance is limited to the top 297 holders of the $TRUMP meme coin,” the event’s promoter said, tying entry to an on-chain leaderboard of wallet balances rather than traditional ticket sales. Mar-a-Lago’s cheaper ‘exclusive’ According to the New York Times, the $TRUMP token hovered at about $2.83 as shuttles ferried investors to Mar-a-Lago on Saturday, down roughly 80% from April 2025.Crypto exchange data show the coin has lost about 96% from an all‑time high near $73–$75 reached in early 2025, reflecting more than $4.3 billion in evaporated paper value for early believers as the market for politically branded tokens cooled. You might also like: Leading cloud mining guide of 2026: Explore passive income opportunities through cryptocurrency minin

Trump’s second Mar‑a‑Lago TRUMP memecoin gala goes

BIO: DeSci Governance & Liquidity

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestSplit 1,000 USDT: Share Your Thoughts on AB After a bullish weekend, Bitcoin appears to be gaining more upside momentum wi

After a bullish weekend, Bitcoin appears to be gaining more upside momentum with its price back above the $77,000 level as buying pressure increases across the market. Meanwhile, underneath the price performance, a critical junction may be forming for the flagship cryptocurrency asset, which could determine the next potential price direction.

How The Bitcoin Price Dynamics Are Playing Out
While Bitcoin’s price is displaying renewed upward strength, a key on-chain metric is hinting at the asset nearing an important confluence zone. This region, where several indicators and technical levels coincide, frequently serves as a pivotal battlefield for buyers and sellers.

These zones have historically seen significant price movements as market factors come together and volatility starts to increase. According to Darkfost, a verified author at the CryptoQuant platform, this trend can be observed through the Bitcoin Supply Distribution Heatmap.

The metric combines three interesting elements, such as the Distribution Clusters, which measure buying and selling activity, the True Market Mean Price, and the Short-Term Holder Cost Basis. At the moment, Bitcoin is trading within a white zone as seen on the chart, where relatively little exchange activity has taken place.


Source: Chart from Darkfost on X
Currently, this confluence zone has extended up to $83,000, a level that many investors reacted to in the past and which could also act as resistance. At the same time, both the Short-Term Holders Cost Basis and the True Mean Price are trending around $79,000. This level continues to act as resistance as well, capping off upward attempts.

In the expert’s view, the adjusted short-term holders’ cost basis is closer to the $83,000 mark after taking into consideration the Bitcoin that Coinbase shifted. Darkfost believes that for a potential continued upward move, BTC must test these levels soon. Its reaction here is one that the expert considers a crucial signal to monitor.

BTC’s

After a bullish weekend, Bitcoin appears to be gai

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestCHIP: Yield-Bearing Synthetic Stablecoin Bitcoin longs build, but macro pressure mounts – Is BTC’s breakout close? As Bitc

Bitcoin longs build, but macro pressure mounts – Is BTC’s breakout close?

As Bitcoin [$BTC] cooled after a strong rally, underlying flows revealed a clear divergence between selling pressure and accumulation. Price retreated from the $100K–$110K zone toward the mid-$70K range, reflecting short-term uncertainty.

During this phase, mega-whales above 10k $BTC distributed roughly 25,500 $BTC, locking in gains. However, sharks holding 100–1,000 $BTC absorbed about 37,920 $BTC over thirty days, offsetting this supply. This rotation shows mid-tier players step in as price weakens, reinforcing a defensive base.

Meanwhile, Exchange Reserves hovered around 2.6 million $BTC, marking a multi-year low, suggesting that coins moved off exchanges into long-term custody, tightening supply. If demand returns, this structure can support upside, while weak participation may delay expansion.

Whale longs and ETF flows signal Bitcoin conviction

As Bitcoin stabilizes after recent volatility, positioning across derivatives and spot markets begins to diverge.

This shift emerges as institutional demand absorbs supply, with spot ETFs buying nearly 19,000 $BTC in five days, far exceeding miner output. These flows tighten liquid supply, reinforcing a structural floor.

As the Fear and Greed Index approached 48, retail sentiment remained cautious. Whales accumulate, but retail sales offer liquidity. This arrangement can spur growth if conviction grows, but hesitancy could prevent follow-through even in the face of increased structural demand.



Bitcoin longs build, but macro pressure mounts – I

BTC Breakout Soon—Guess & Win Millions HTXHTX Community April Creation ContestSplit 1,000 USDT: Share Your Thoughts on AB South Korea’s internet-only lender K bank has signed a strategic partnership w

South Korea’s internet-only lender K bank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, marking another bank-facing expansion for Ripple’s payments infrastructure in Asia.

The agreement, announced Monday by K bank and first reported by The Korea Herald, was signed at the lender’s headquarters in Seoul. K bank CEO Choi Woo-hyung and Ripple Asia-Pacific Managing Director Fiona Murray attended the ceremony alongside officials from both companies.

K Bank Taps Ripple For Blockchain Remittance Tests
The partnership centers on whether Ripple’s global network and blockchain infrastructure can improve the speed, cost efficiency and transparency of K bank’s overseas remittance system. For Ripple, the deal extends its long-running institutional payments strategy into South Korea’s digital banking market. For K bank, it gives the lender a live testing track for blockchain-based cross-border settlement at a time when stablecoins and tokenized payment rails are becoming a more serious part of bank-level infrastructure discussions.

“We are pleased to partner with K bank, which has helped set the standard for digital banking in Korea and continues to drive innovation,” Murray said. “This partnership will help strengthen K bank’s competitiveness in blockchain-based overseas remittance technology,” Choi said.

K bank is already conducting a proof of concept with Ripple for overseas remittances. According to the bank, the first phase tested transfers through a separate application, while the second phase is now assessing transaction stability by virtually linking customer accounts with internal systems. That detail is notable because it suggests the project is moving beyond a standalone test environment and toward a model that examines how blockchain-based remittance infrastructure could interact with bank-side account architecture.

The second phase will also test on-chain transfers with partners in the United Arab Emirates and Thail

South Korea’s internet-only lender K bank has sign

CHIP: Yield-Bearing Synthetic Stablecoin

BTC Pulls Back—Guess & Win 18M HTXHTX Community April Creation ContestDaily 5K USDT Airdrop - Join & Win!Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclo

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Department of Justice is trying to draw a brighter line around crypto software development, telling coders that writing code alone should not make them criminal targets. But for Roman Storm’s defense team, the continued prosecution of the Tornado Cash co-founder remains the clearest test of whether that policy shift is real.Speaking at the Bitcoin 2026 conference in Las Vegas, Todd Blanche told the crypto industry that the DOJ had moved away from what he characterized as prosecutions aimed at software developers merely for building tools later used by third parties. In a panel with Coinbase Chief Legal Officer Paul Grewal, Blanche said the government’s position was that criminal liability turns on conduct, knowledge and intent, not the act of coding itself. “The basic principle is that if you are developing software, if you are a coder, if you are part of that process and you are not the third-party user and you are not helping and knowing the third party is using what you develop to commit crimes, you are not going to be investigated and not going to be charged,” Blanche said. “And obviously facts matter because if you’re laundering money or violating sanctions, the mere fact that you happen to be a coder doesn’t excuse you from criminal liability.”Related Reading: The Latest On The CLARITY Act?—Restrictions On Trump’s Crypto Role Being DiscussedThe remarks were framed as part of a broader message to the crypto sector: the DOJ wants developers and platforms to believe there has been a meaningful change in enforcement posture. Grewal summarized the message from Blanche and FBI Director Kash Patel as: “Crime is criminal; code alone shouldn’t be.”That distinction matters deeply for crypto infrastructure teams, particularly those building privacy tools, dece

Trusted Editorial content, reviewed by leading ind

BTC Breakout Soon—Guess & Win Millions HTXBernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business IREN could become the next major Bitcoin miner to transition into AI infrastructur

Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
IREN could become the next major Bitcoin miner to transition into AI infrastructure following its multi-billion-dollar deal with Microsoft, underscoring a broader shift in mining economics, according to a new research report from Bernstein.

The Bernstein analysts point to IREN’s rapidly expanding AI cloud division, where around 150,000 GPUs are already contracted, supporting an estimated $3.7 billion in annual revenue run rate once fully functional.

A significant portion of this capacity is tied to a long-term agreement with Microsoft, which has committed to using GPU capacity for AI workloads over five years. The deal also includes substantial customer prepayments, helping fund the infrastructure buildout.

In total, IREN’s roughly $5.8 billion GPU investment is largely funded through a combination of Microsoft customer prepayments and GPU-backed financing facilities, alongside additional cash and capital sources, helping keep borrowing costs relatively low.

Bernstein expects this shift to fundamentally reshape the company’s business model.

“IREN will eventually sunset the Bitcoin mining business as it retrofits existing sites to accelerate cloud deployment,” the analysts wrote.

Rather than shutting down operations outright, IREN is repurposing its existing mining infrastructure, particularly in Texas and British Columbia, by replacing ASIC mining rigs with GPUs designed for AI workloads.
Bernstein expects IREN’s AI cloud revenue to be its primary source of income in the coming years. Source: Bernstein

Monday's report suggests Bitcoin mining will gradually fade into a legacy segment, with mining revenue declining over time as power capacity is redirected toward higher-margin, contracted AI computing.

IREN is not alone in exploring this pivot. Several mining companies, including TeraWulf and HIVE Digital, have begun reallocating power and ca

Bernstein sees IREN pivoting from Bitcoin mining t

BASED: Hyperliquid’s On-Chain Super App

与人质疑火币的高息策略相反,我现在的最大担心还是利息不够高,用户把资金存到其他平台上,我们会监控平台数据,如果不够高,再质疑我们也会坚持加息

<p>与人质疑火币的高息策略相反,我现在的最大担心还是利息不够高,用户把资金存到其他平台上,我们会监控平台数据,如果不够高,再质疑我们也会坚持加息  </p>

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