A severe winter storm in the U.S. knocked out ~200 EH/s of mining power, sending Bitcoin’s hashrate down to 706 EH/s, the lowest in six months. Block times briefly stretched to ~12 minutes.
American miners were hit hardest: Foundry USA’s pool saw a ~60% drop in hashrate due to electricity restrictions.
The network remains secure, but this highlights how weather and power limits can temporarily disrupt mining operations.
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Ripple introduced Ripple Treasury — a blockchain-based treasury platform for managing fiat and digital assets within a single framework.
The solution is designed for corporate clients and offers transparent reporting, transaction controls, and compliance with regulatory requirements.
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Hyperliquid Quietly Overtakes Coinbase!
The decentralized exchange Hyperliquid is quietly outperforming public giant Coinbase across key metrics.
Total trading volume on Hyperliquid has reached $2.6 trillion, compared to $1.4 trillion on Coinbase. Market performance also tells a contrasting story: HYPE is up 31% YTD, while Coinbase shares are down 27% over the same period.
The data highlights a broader shift in market structure — as traders increasingly favor high-performance DEXs, decentralized platforms are starting to rival and even surpass centralized exchanges on scale and efficiency.
The decentralized exchange Hyperliquid is quietly outperforming public giant Coinbase across key metrics.
Total trading volume on Hyperliquid has reached $2.6 trillion, compared to $1.4 trillion on Coinbase. Market performance also tells a contrasting story: HYPE is up 31% YTD, while Coinbase shares are down 27% over the same period.
The data highlights a broader shift in market structure — as traders increasingly favor high-performance DEXs, decentralized platforms are starting to rival and even surpass centralized exchanges on scale and efficiency.
The PenxChain IDO is officially SOLD OUT!
Huge congrats to everyone who participated – this marks another successful milestone for privacy-focused blockchain innovation. 🎉
🎖 Total: $80K
🎖 Network: Base
🎖 IDO Price: $0.003
✅ Claim $PENX NOW:
https://launchpad.spores.app/ido/penxchain-ido
🗳 What is PenxChain?
PenxChain is building a hybrid privacy-first ecosystem: deep liquidity and trading on Base combined with true confidential transactions via wrapped assets on Aleo. It features a non-custodial wallet, private payments, DeFi tools, and a global marketplace – all designed for secure, real-world commerce without sacrificing data control. $PENX powers governance, incentives, staking, and ecosystem utilities.
https://penxchain.org
https://x.com/penxchain_
Let's wait for TGE. We'll drop soon✅
Huge congrats to everyone who participated – this marks another successful milestone for privacy-focused blockchain innovation. 🎉
🎖 Total: $80K
🎖 Network: Base
🎖 IDO Price: $0.003
https://launchpad.spores.app/ido/penxchain-ido
🗳 What is PenxChain?
PenxChain is building a hybrid privacy-first ecosystem: deep liquidity and trading on Base combined with true confidential transactions via wrapped assets on Aleo. It features a non-custodial wallet, private payments, DeFi tools, and a global marketplace – all designed for secure, real-world commerce without sacrificing data control. $PENX powers governance, incentives, staking, and ecosystem utilities.
https://penxchain.org
https://x.com/penxchain_
Let's wait for TGE. We'll drop soon
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Missed the $ZEC or $XMR run? $CCD is the next privacy play 💸
one of the most undervalued gems of the cycle. comparable infrastructure projects sit at $2B-$5B MC. $CCD is at $160M. the setup is clean.
🧠 Hilbert Group (NASDAQ-listed) did an OTC deal and is now market buying $CCD for the next 6 months. sustained institutional buy pressure on a low cap. you do the math.
🔥 what's live right now:
Uphold, KuCoin, MEXC, Gate and Kraken all listed
Ledger and Bitcoin.com integrations live, Verify & Pay reaching tens of millions of users
Coinbase x402 integration live, making $CCD one of the first chains running internet-native PayFi
Charles Hoskinson has publicly talked about it
Coinbase and Binance could be next
💡 This isn't just a privacy coin. it's PayFi infrastructure, Concordium is the first L1 to bring ZK proofs + identity verification + payments in one flow. The utility is actually there: prove your age, pay, get access. one click. privately. gaming, gambling, AI agents, e-commerce, the potential is insane.
risk/reward at $160M MC with this catalyst stack is hard to ignore. don't be the one posting "wish I bought at $160M MC" in 6 months 💎
DYOR. But this is the one not to miss.
👇 Check them out: https://tinyurl.com/CCDToken
💬 TG: https://t.me/ConcordiumNews
one of the most undervalued gems of the cycle. comparable infrastructure projects sit at $2B-$5B MC. $CCD is at $160M. the setup is clean.
🧠 Hilbert Group (NASDAQ-listed) did an OTC deal and is now market buying $CCD for the next 6 months. sustained institutional buy pressure on a low cap. you do the math.
🔥 what's live right now:
Uphold, KuCoin, MEXC, Gate and Kraken all listed
Ledger and Bitcoin.com integrations live, Verify & Pay reaching tens of millions of users
Coinbase x402 integration live, making $CCD one of the first chains running internet-native PayFi
Charles Hoskinson has publicly talked about it
Coinbase and Binance could be next
💡 This isn't just a privacy coin. it's PayFi infrastructure, Concordium is the first L1 to bring ZK proofs + identity verification + payments in one flow. The utility is actually there: prove your age, pay, get access. one click. privately. gaming, gambling, AI agents, e-commerce, the potential is insane.
risk/reward at $160M MC with this catalyst stack is hard to ignore. don't be the one posting "wish I bought at $160M MC" in 6 months 💎
DYOR. But this is the one not to miss.
👇 Check them out: https://tinyurl.com/CCDToken
💬 TG: https://t.me/ConcordiumNews
⚡️ Paxos urges banks to embrace stablecoins
Paxos says new regulations in the U.S., EU and Singapore are creating major opportunities for banks in the stablecoin market.
The company notes that leading issuers, including Tether and Circle, manage more than $100 billion in circulating tokens, with annual transaction volumes reaching into the trillions of dollars.
Paxos argues that clear regulation reduces risks and enables banks to generate revenue from issuing, custodying and settling stablecoins.
Paxos says new regulations in the U.S., EU and Singapore are creating major opportunities for banks in the stablecoin market.
The company notes that leading issuers, including Tether and Circle, manage more than $100 billion in circulating tokens, with annual transaction volumes reaching into the trillions of dollars.
Paxos argues that clear regulation reduces risks and enables banks to generate revenue from issuing, custodying and settling stablecoins.
Canaan expands its presence in the U.S.
Canaan Inc. has acquired a 49% stake from Cipher Mining in a joint venture that includes three operational mining projects in Texas.
The projects have a total power capacity of 120 MW and deliver a combined hashrate of around 4.4 EH/s.
As part of the deal, Cipher will receive 806.4 million Canaan shares, equivalent to approximately $40 million.
Canaan Inc. has acquired a 49% stake from Cipher Mining in a joint venture that includes three operational mining projects in Texas.
The projects have a total power capacity of 120 MW and deliver a combined hashrate of around 4.4 EH/s.
As part of the deal, Cipher will receive 806.4 million Canaan shares, equivalent to approximately $40 million.
🦄 New York Court Dismisses Lawsuit Against Uniswap
🍏 A New York court has dismissed a class-action lawsuit against Uniswap, where plaintiffs tried to hold the platform responsible for scam tokens launched by third parties.
⚖️ The court ruled that the protocol itself is not liable for the quality, legitimacy, or intent of projects built on top of it. In other words, Uniswap provides infrastructure — not financial guarantees.
The case lasted four years, and the final decision is being seen as a major legal precedent for the crypto industry, reinforcing the idea that decentralized protocols are tools, not issuers.
👏 A win not just for Uniswap, but for DeFi as a whole.
🍏 A New York court has dismissed a class-action lawsuit against Uniswap, where plaintiffs tried to hold the platform responsible for scam tokens launched by third parties.
⚖️ The court ruled that the protocol itself is not liable for the quality, legitimacy, or intent of projects built on top of it. In other words, Uniswap provides infrastructure — not financial guarantees.
The case lasted four years, and the final decision is being seen as a major legal precedent for the crypto industry, reinforcing the idea that decentralized protocols are tools, not issuers.
👏 A win not just for Uniswap, but for DeFi as a whole.
OKX launches trading social network Orbit
Crypto exchange OKX has introduced a new social feature called Orbit, integrated directly into its trading app. Users will be able to publish trading ideas, discuss the market, and share their strategies.
Posts can be linked to specific assets — such as BTC or ETH — and display trading statistics. In some cases, trades can be opened directly from these posts.
Crypto exchange OKX has introduced a new social feature called Orbit, integrated directly into its trading app. Users will be able to publish trading ideas, discuss the market, and share their strategies.
Posts can be linked to specific assets — such as BTC or ETH — and display trading statistics. In some cases, trades can be opened directly from these posts.
Short squeeze or fake breakout?
For the first time in a while, short positions are getting wiped out more than longs.
In the past 24 hours:
• $330M in shorts liquidated
• $168M in longs liquidated
This happened as Bitcoin spiked above $76K, before pulling back to around $74K.
The shift suggests a short squeeze, where bearish traders are forced to close positions, fueling upward momentum.
Since the start of the month, the market has shown a clear upward trend — but the quick pullback raises questions.
So what is it:
📈 the start of a real breakout
or just another trap before the next move?
For the first time in a while, short positions are getting wiped out more than longs.
In the past 24 hours:
• $330M in shorts liquidated
• $168M in longs liquidated
This happened as Bitcoin spiked above $76K, before pulling back to around $74K.
The shift suggests a short squeeze, where bearish traders are forced to close positions, fueling upward momentum.
Since the start of the month, the market has shown a clear upward trend — but the quick pullback raises questions.
So what is it:
📈 the start of a real breakout
or just another trap before the next move?
🚨 DeFi exploit hits stablecoin ecosystem
Ethereum-based stablecoin USR from Resolve Labs suffered a major hack, briefly depegging from $1 and exposing critical security flaws in DeFi.
An attacker reportedly deposited just ~$200K in USD Coin, exploiting a minting vulnerability to generate up to 80M USR. The bug likely involved broken validation logic or compromised signing keys, allowing massive “unsecured” token issuance.
The attacker quickly swapped funds across DeFi platforms like Curve Finance, triggering a liquidity collapse. Within 17 minutes, USR crashed to ~$0.025 before partially recovering. 📉
Estimated profit: $25M+, withdrawn in stablecoins and Ethereum.
Despite multiple audits, the exploit highlights a recurring issue: audits ≠ security. Experts point to weak key management and flawed minting logic as root causes.
Ethereum-based stablecoin USR from Resolve Labs suffered a major hack, briefly depegging from $1 and exposing critical security flaws in DeFi.
An attacker reportedly deposited just ~$200K in USD Coin, exploiting a minting vulnerability to generate up to 80M USR. The bug likely involved broken validation logic or compromised signing keys, allowing massive “unsecured” token issuance.
The attacker quickly swapped funds across DeFi platforms like Curve Finance, triggering a liquidity collapse. Within 17 minutes, USR crashed to ~$0.025 before partially recovering. 📉
Estimated profit: $25M+, withdrawn in stablecoins and Ethereum.
Despite multiple audits, the exploit highlights a recurring issue: audits ≠ security. Experts point to weak key management and flawed minting logic as root causes.
UK plans to ban political crypto donations
The UK government plans to introduce a moratorium on political donations made in cryptocurrencies.
Authorities say the move is aimed at preventing the use of opaque funds and foreign interference in elections.
The bill is currently under review at the committee stage in the House of Commons.
The UK government plans to introduce a moratorium on political donations made in cryptocurrencies.
Authorities say the move is aimed at preventing the use of opaque funds and foreign interference in elections.
The bill is currently under review at the committee stage in the House of Commons.
X hints at crypto move
Nikita Bier teased a potential crypto product or integration on X.
He noted that crypto had a “rough year” and suggested the platform might “launch something to fix it.”
No details yet — but given X’s масштаб and past ambitions around payments, even a hint of crypto integration is enough to spark speculation.
If X enters crypto, it could bring massive retail attention back into the market.
Nikita Bier teased a potential crypto product or integration on X.
He noted that crypto had a “rough year” and suggested the platform might “launch something to fix it.”
No details yet — but given X’s масштаб and past ambitions around payments, even a hint of crypto integration is enough to spark speculation.
If X enters crypto, it could bring massive retail attention back into the market.
Top 5 Token Unlocks in the Coming Week 🔓
1. $ZRO - April 20
2. $UDS - April 22
3. $AERO - April 23
4. $MON - April 24
5. $H - April 25
Will these unlocks trigger selling pressure?
1. $ZRO - April 20
2. $UDS - April 22
3. $AERO - April 23
4. $MON - April 24
5. $H - April 25
Will these unlocks trigger selling pressure?
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BTC rally looks fragile?
Analysts at CryptoQuant say the recent move above $79K is driven mostly by speculative demand in perpetual futures — not real spot buying.
At the same time, spot market demand continues to decline, which weakens the foundation of the rally.
A similar setup was seen back in January, when BTC peaked near $98K before cooling off.
If traders start taking profits, the market could face a correction.
Analysts at CryptoQuant say the recent move above $79K is driven mostly by speculative demand in perpetual futures — not real spot buying.
At the same time, spot market demand continues to decline, which weakens the foundation of the rally.
A similar setup was seen back in January, when BTC peaked near $98K before cooling off.
If traders start taking profits, the market could face a correction.
The market for tokenized real-world assets has grown by more than 420% since the start of 2025 and surpassed $30 billion.
The main growth driver was tokenized U.S. Treasury bonds, whose volume increased to more than $15 billion.
Analysts believe the next stage of growth will depend on tokenized stocks and funds.
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❄️ Tether froze around $515M USDT over the past month, blacklisting 371 addresses
The biggest crackdown happened on TRON:
▪️ 329 addresses frozen
▪️ ~$506M blocked
Meanwhile on Ethereum, freezes totaled only ~$8.7M.
📝 The numbers once again highlight how centralized stablecoins really are — one company can instantly freeze hundreds of millions with a single blacklist update.
“Be your own bank”… unless your bank account can be paused remotely.
The biggest crackdown happened on TRON:
▪️ 329 addresses frozen
▪️ ~$506M blocked
Meanwhile on Ethereum, freezes totaled only ~$8.7M.
📝 The numbers once again highlight how centralized stablecoins really are — one company can instantly freeze hundreds of millions with a single blacklist update.
“Be your own bank”… unless your bank account can be paused remotely.
Markets turned red after the underwhelming US-China talks
Nvidia led the sell-off after Donald Trump approved H200 chip sales to China — but reports suggest Beijing showed little interest in buying them.
Meanwhile, Bitcoin dropped toward $78k, raising fears of a deeper correction.
For many traders, the key zone now sits around $75k:
if BTC loses that level, momentum could accelerate quickly. Some analysts even argue that this time a fall toward $60k might not provide strong support either.
Bitcoin has followed surprisingly similar cycles for years.
If history repeats again, the market may first wipe out overleveraged traders before offering the next real accumulation zone
Nvidia led the sell-off after Donald Trump approved H200 chip sales to China — but reports suggest Beijing showed little interest in buying them.
Meanwhile, Bitcoin dropped toward $78k, raising fears of a deeper correction.
For many traders, the key zone now sits around $75k:
if BTC loses that level, momentum could accelerate quickly. Some analysts even argue that this time a fall toward $60k might not provide strong support either.
Bitcoin has followed surprisingly similar cycles for years.
If history repeats again, the market may first wipe out overleveraged traders before offering the next real accumulation zone
🇺🇸 The US Congress just introduced a new bill for a Strategic Bitcoin Reserve
The proposal already has bipartisan backing and more than 10 co-sponsors. 📝
Main goal:
✔️ accumulate up to 1,000,000 BTC — roughly 5% of Bitcoin’s total supply.
Part of the reserve could reportedly be built using confiscated BTC and other seized digital assets.
Interestingly, US authorities recently seized nearly $500M in crypto linked to Iran during “Operation Economic Fury.” 👀
Lawmakers behind the bill openly compare Bitcoin to gold, arguing that the market itself has already chosen BTC as the primary store of value in crypto.
The proposal already has bipartisan backing and more than 10 co-sponsors. 📝
Main goal:
✔️ accumulate up to 1,000,000 BTC — roughly 5% of Bitcoin’s total supply.
Part of the reserve could reportedly be built using confiscated BTC and other seized digital assets.
Interestingly, US authorities recently seized nearly $500M in crypto linked to Iran during “Operation Economic Fury.” 👀
Lawmakers behind the bill openly compare Bitcoin to gold, arguing that the market itself has already chosen BTC as the primary store of value in crypto.