Crypto VC funding fell to $659 million in April, its lowest monthly total since July 2024, as dealmaking slowed across the sector. Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies. Crypto VC funding fell to $659 million across 63 funding rounds in April, down 74% from the $2.6 billion seen across 84 rounds in March, according to Cryptorank data. This brings the total year-to-date investments to $5.64 billion so far in 2026. The April total was the lowest monthly fundraising sum since July 2024, when crypto projects raised $622 million across 132 rounds. Read more
US spot Bitcoin ETFs posted strong April inflows as Bitcoin rallied, with IBIT leading gains despite late-month outflows across funds. US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month. Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data. With inflows in March and April offsetting outflows in January and February, Bitcoin ETFs now show about $1.47 billion in net inflows for 2026. The cumulative net inflows to the products since they launched have topped $58 billion. Read more
Futures drove up Bitcoin's price in April while spot demand declined, which CryptoQuant warned has historically preceded extended price declines. Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant. Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures demand,” CryptoQuant said in a report on Thursday. Meanwhile, spot demand for Bitcoin contracted throughout the rally, “indicating that the market’s marginal buyer was speculative, not fundamental,” it said. Read more
Losses from crypto hacks have topped $630 million in April across more than 25 hacks, with DeFi dominating major incidents and exploits accelerating despite security updates. The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year. According to DeFiLlama, the total value hacked in April so far amounted to $629.7 million, the highest since $1.47 billion in February 2025. With KelpDAO’s $293 million hack and Drift Protocol’s $280 million exploit accounting for 82% of the monthly losses, decentralized finance (DeFi) has taken the unwanted crown as the most targeted sector over the past month. Read more
ETH's price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart. Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: Read more
DPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users. Kelp DAO suffered a $292 million hack on Saturday, overtaking Drift as the largest crypto exploit of the year so far. North Korea-linked hackers are suspected to be behind the attack. Kelp DAO said Monday that the exploit stemmed from a failure of cross-chain messaging protocol LayerZero’s infrastructure. LayerZero said the breach was enabled by Kelp DAO’s use of a single verifier configuration to approve cross-chain messages. LayerZero said that “preliminary indicators” attributed the exploit to TraderTraitor, a subgroup of North Korea’s state-backed hacking unit known as Lazarus Group. Read more
Technical analysis, overhead supply awaiting absorption, and a shift in investor sentiment have increased the likelihood of Bitcoin reaching $80,000 in April. Bitcoin (BTC) extended its bullish run into the Wall Street open on Friday, rallying above $73,000. Traders now eye a move back toward $80,000 by the end of April, as several indicators point to bulls retaking control of the crypto market. On Tuesday, Bitcoin invalidated what initially appeared to be a bear pennant on the daily chart. Related: Old Bitcoin whales sold $271M in BTC: Is crypto rally at stake? Read more
Although US inflation was weaker than expected in March, the ongoing war between the United States, Iran and Israel has fueled macroeconomic uncertainty. The United States Bureau of Labor Statistics (BLS) published the Consumer Price Index (CPI) data for March, showing a 0.9% month-over-month rise in headline CPI inflation. CPI inflation is up 3.3% year-over-year, according to the BLS report published Friday. Although inflation came in slightly lower than analyst expectations, inflation remains elevated above the Federal Reserve’s 2% target. A surge in energy prices from the Iran war drove March’s inflation figures, with the energy index rising by nearly 11%, led by a 21.2% rise in gasoline prices, the BLS report said. Read more
Acknowledging there was ”still a lot more work to do” before Congress could advance a market structure bill, Senator Bill Hagerty renewed attention starting next week. US Senate Banking Committee member Bill Hagerty said Monday that he expects a potential path for a digital asset market structure in the coming weeks after months of delays in Congress. Speaking at the Digital Assets and Emerging Tech Policy Summit at Vanderbilt University, he said his fellow Republican lawmakers planned to move the bill through the banking panel starting next week. “We will be in a position, I hope, to bring all of this together very soon,” said Hagerty, referring to work on the bill in the Senate. “On the banking committee side, I think we’re very close, and my expectation is that we get it into committee in this next work period that starts on Monday of next week, so that over the next several weeks we should have this into the banking committee.” Read more
Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark new lows across crypto and risk assets. Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Meanwhile, one trader warned that a strengthening dollar “will send crypto and stocks to new lows.” Key points: Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation. Read more
Bitcoin ended its longest monthly losing streak since 2018 with a green March candle, sparking hopes of a powerful rebound similar to past cycles. Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC. Key takeaways: Bitcoin ended March 2% higher, marking the first green monthly close in six months. Read more
Bitcoin price slumped on Friday as uncertainty over the US economy and war in Iran negatively impacted stock and crypto markets. Key takeaways: Bearish sentiment is rising as Bitcoin options professional traders lose confidence that the $66,000 level will hold for long. The exit of David Sacks as the Crypto and AI czar and a lack of a clear US Strategic Bitcoin Reserve plan added to investors’ doubts. Read more
While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a Galaxy digital executive said more obstacles could appear. The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to a crypto executive. “If CLARITY doesn't pass committee by the end of April, odds of passage in 2026 become extremely low,” Galaxy Digital head of firmwide research Alex Thorn said in an X post on Saturday. “This needs to hit the Senate floor by early May... floor time is running out, and odds diminish every day that passes,” Thorn said. It comes after US Senate Majority Leader John Thune said he doesn’t expect the chamber to act on the digital asset market structure legislation before April, as it will prioritize the SAVE America Act, which would require voters to provide proof of US citizenship in person to register. Read more
Senator John Thune reportedly said that the chamber would prioritize the SAVE America Act before addressing a vote on bipartisan bills like crypto market structure. US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure before April. According to a Thursday Punchbowl News report, Thune said that the Senate planned to prioritize voting on the SAVE America Act, a bill that would require voters to provide proof of US citizenship in person to register. The majority leader addressed reporters on Thursday saying that the bill would go to the chamber next week, adding that lawmakers would focus on the crypto market structure bill and other bipartisan bills after the SAVE America Act vote. Read more
Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion, 25% higher than the valuation assigned following its $500 million raise in November 2025. The company’s president, Monica Long, said at the time that Ripple had no plans to go public. The reported buyback follows Ripple's expansion of operations beyond the crypto industry, including through the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management system provider GTreasury in October. Earlier this week, the company said that it would move forward with plans for a financia...