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  • Ethereum stablecoin supply hits $180B all-time high: Token Terminal
    Cointelegraph.com - 06:21 Apr 08, 2026
    Ethereum stablecoin supply hits $180B all-time high: Token TerminalEthereum could see $850 billion in “new flows” by 2030 if the trend continues, according to Token Terminal. The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal. Ethereum holds 60% of the stablecoin supply at $180 billion, which is up 150% over the past three years, the firm reported Tuesday. The company projected that around $1.7 trillion is expected to come onchain across all networks over the next four years and that Ethereum could see $850 billion in “new flows” by 2030, if it grows 470% in that time.  Read more
  • Three Polymarket traders made timely bets on US-Iran ceasefire
    Cointelegraph.com - 06:18 Apr 08, 2026
    Three Polymarket traders made timely bets on US-Iran ceasefireLookonchain noted that the “yes” bets were placed at probabilities between 2.9% and 10.3%, with the three wallets placing their first bets within 26 hours of the announcement. Three newly created wallets profited a combined $484,575 on Polymarket betting that the US and Iran would agree to a ceasefire by Tuesday, in the latest event to raise suspicion of insider trading. The wallets were created and funded on Tuesday and had no prior onchain activity before betting on Polymarket’s “US x Iran ceasefire by April 7” market, blockchain data shared by Lookonchain revealed on Wednesday.  Polymarket data shows the profits secured by the three wallets were $200,525, $158,600 and $125,450 at the time of writing.  Read more
  • Coinbase plans expansion to stock trading in Australia after securing license
    Cointelegraph.com - 06:13 Apr 08, 2026
    Coinbase plans expansion to stock trading in Australia after securing licenseThe approval puts Coinbase under Australia’s financial rules as the country formalizes oversight of crypto platforms. Coinbase is planning to expand its offerings in Australia to include derivatives, equities and payments after securing an Australian financial services license (AFSL). John O'Loghlen, regional managing director for APAC at Coinbase, said the Australian financial services license (AFSL) will see the exchange initially offer crypto and equity perpetuals but will open the door for futures, options and other traditional financial products. “We’re going to compete with traditional financial services on stock trading, payments and other TradFi products with the speed and execution of crypto,” O'Loghlen said. Read more
  • Ethereum buyers are back, data shows, as bulls defend $2K support
    Cointelegraph.com - 05:49 Apr 08, 2026
    Ethereum buyers are back, data shows, as bulls defend $2K supportEthereum analysts said buyers were back in control, but holding the $2,000 support was key to reversing the market structure. Market analysts say Ether (ETH) could be ready for a “regime shift” as buying pressure builds up, but bulls must hold $2,000. Key takeaways: Ether shows resilience above $2,000, as onchain data shows signs of returning demand, suggesting a possible “regime shift”. Read more
    Tags: Ethereum
  • Morgan Stanley's Bitcoin ETF set to launch on Wednesday
    Cointelegraph.com - 04:42 Apr 08, 2026
    Morgan Stanley's Bitcoin ETF set to launch on WednesdayThe Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee. Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US. The launch of the Morgan Stanley Bitcoin Trust (MSBT) on April 8 was confirmed in a listing notice by the New York Stock Exchange on Tuesday. It would make MSBT the first spot Bitcoin (BTC) ETF product to enter the market in nearly two years, since crypto asset manager Grayscale introduced its Bitcoin Mini Trust ETF in July 2024.  Read more
  • FDIC moves to regulate stablecoin issuers under the GENIUS Act
    Cointelegraph.com - 01:25 Apr 08, 2026
    FDIC moves to regulate stablecoin issuers under the GENIUS ActFDIC’s proposed rules providing insurance for corporate deposits of stablecoin issuers will not extend to the stablecoin holders, as it would conflict with the GENIUS Act’s text, the FDIC said. The US Federal Deposit Insurance Corporation (FDIC) has proposed new rules to regulate FDIC-supervised stablecoin issuers in accordance with the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was signed into law nine months ago. In a statement on Tuesday, the FDIC said its board of directors voted to issue a proposal that would set reserve, redemption, capital, risk management and custody standards for stablecoin issuers and insured depository institutions under its supervision. The FDIC insures deposits at more than 4,000 financial institutions and supervises over 2,700 banks and savings associations to maintain stability in the US financial system. Read more
  • Bitcoin reclaims $72K after US, Iran agree to 2-week ceasefire
    Cointelegraph.com - 00:20 Apr 08, 2026
    Bitcoin reclaims $72K after US, Iran agree to 2-week ceasefireIran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war. The price of Bitcoin pushed past $72,000 for the first time in 20 days after the US and Iran agreed to a two-week ceasefire. “I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump said in a Truth Social post on Tuesday, hours before his deadline for Iran to reopen the Strait of Hormuz or face military attacks on key infrastructure.  Iran's Supreme National Security Council also said it accepted the ceasefire. Read more
  • Iran’s Bitcoin hashrate falls 77% over the past quarter amid conflict
    Cointelegraph.com - 00:07 Apr 08, 2026
    Iran’s Bitcoin hashrate falls 77% over the past quarter amid conflictThe 30-day simple moving average of the global network hashrate has also declined, though an analyst says the slump is due to Bitcoin prices hurting mining profitability rather than conflict. Iran’s hashrate has plummeted over the past quarter amid an ongoing conflict with the US and Israel, though the war itself has not dragged down global hashrate, according to a new report from Hashrate Index. Iran has lost roughly 7 exahashes per second (EH/s) quarter-over-quarter, said Ian Philpot, marketing director at Luxor Technology, in a report published Monday. The country’s hashrate now sits at about 2 EH/s according to the Hashrate Index heatmap. Philpot noted that while the regional conflict clearly impacted Iran, it could have triggered a ripple effect for neighboring countries such as the United Arab Emirates and Oman, yet so far, neither has been affected.   Read more
  • Crypto billionaire to prison: CZ’s autobiography revisits turbulent Binance era
    Cointelegraph.com - 00:00 Apr 08, 2026
    Crypto billionaire to prison: CZ’s autobiography revisits turbulent Binance eraChangpeng Zhao’s memoir recounts Binance’s rapid rise, regulatory scrutiny and prison sentence, offering a first-person account of crypto’s most turbulent era. Changpeng “CZ” Zhao became a household name in the cryptocurrency sector after founding Binance, the world’s largest crypto exchange. Following a series of legal and regulatory challenges that culminated in a prison sentence, Zhao has authored an autobiography recounting his rise — and subsequent fallout. The 364-page manuscript, titled Freedom of Money, presents a first-person account of Zhao’s life and career. The foreword is written by Yi He, a Binance co-founder who has worked with Zhao since 2014. Zhao writes that his story has been shaped by media coverage, court filings and public commentary. He describes the book as an account intended to provide additional context to those narratives. Read more
  • ‘Phantom Bitcoin’ checks, Drift hack linked to North Korea: Asia Express
    Cointelegraph.com - 22:43 Apr 07, 2026
    South Korea introduces checks every 5 minutes to prevent ‘phantom Bitcoin’ while Taiwan urged to use BTC in case China attacks. Asia Express
  • Bitcoin wallets absorb 4.37M BTC as network activity flips to 'bull phase’
    Cointelegraph.com - 21:16 Apr 07, 2026
    Bitcoin wallets absorb 4.37M BTC as network activity flips to 'bull phase’The Bitcoin supply held in long-term investor wallets moved above 4 million BTC, while a network activity index flashed a “bull phase” signal. New data suggests that Bitcoin (BTC) could be moving closer to a bull market phase as its supply slowly shifts back into long-term, retail-investor-linked wallets. The figure surpassed 4 million BTC in Q1 2026. The accumulation trend aligns with a rise in Bitcoin network activity index to levels last seen in April 2025, signaling a return of stronger network activity. CryptoQuant data shows that balances held by accumulating address cohorts continued to rise into Q1 2026. The total BTC held by these cohorts has crossed 4.37 million BTC as of April 7, up from about 2 million BTC in early 2024, signaling sustained supply absorption. Read more
    Tags: Bitcoin
  • Democrats question CFTC chair on insider trading in prediction markets
    Cointelegraph.com - 21:11 Apr 07, 2026
    Democrats question CFTC chair on insider trading in prediction marketsThe seven House members may have affirmed the commission‘s authority over prediction markets, but asked questions about its inaction on insider trading. Seven members of the US House of Representatives sent a letter to Commodity Futures Trading Commission (CFTC) Chair Michael Selig, asking for information on the agency's inaction on insider trading on prediction markets and event contracts related to war and conflicts. In a Monday letter, the seven US lawmakers said that the CFTC had the authority under the Commodities Exchange Act “to apply its rules and regulations for the purpose of preventing evasion of the [act’s] underlying swap provisions.” The statement signaled that the representatives affirmed Selig’s position that the commission had jurisdiction over prediction markets. However, the House members expressed concerns about how the CFTC was policing “morally obscene” event contracts, including those on US military actions in Iran and Venezuela — in those cases, there were suspicious trades related to ...
  • Spot Bitcoin ETF inflows top $471M but BTC is pinned under $70K: Here’s why
    Cointelegraph.com - 19:45 Apr 07, 2026
    Spot Bitcoin ETF inflows top $471M but BTC is pinned under $70K: Here’s whyBitcoin ETF inflows hit $471 million, but stress on digital asset treasuries, selling from miners, and the war in Iran are keeping BTC stuck below $70,000. Key takeaways: BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying. Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment. Read more
  • Americans lost $11B to crypto scams in 2025, says FBI
    Cointelegraph.com - 19:44 Apr 07, 2026
    Americans lost $11B to crypto scams in 2025, says FBIAccording to the bureau, a large number of minors aged 17 and younger were included in complaints related to crypto or crypto ATMs, resulting in more than $5 million in losses. The US Federal Bureau of Investigation (FBI) reported that Americans’ losses from crypto-related scams increased to more than $11 million in 2025. In its annual internet crime complaint report released on Monday, the FBI said that cryptocurrency and AI-related scams were “among the costliest” for Americans in 2025, with 181,565 complaints totaling more than $11 billion. According to the bureau, it received more than one million complaints in 2025 reporting losses of about $21 million due to cyber-enabled crimes. The FBI’s Internet Crime Complaint Center reported that investment scams resulted in the highest percentage of victims reporting losses in crypto as opposed to cash, debit cards, gift cards and other media of exchange. In addition, about 10% of the 13,168 complaints involving cybercrimes targeting minors aged 17 and younger wer...
  • Bitcoin holds $67K support as data exposes price to sentiment divergence
    Cointelegraph.com - 17:49 Apr 07, 2026
    Bitcoin holds $67K support as data exposes price to sentiment divergenceWintermute analysts said Bitcoin’s price stability against the extreme bearish sentiment present in the market is a positive. Will BTC ever flip $70,000 back to support? Bitcoin (BTC) continues to show strong support at $67,000, even as a growing split between BTC's price stability and bearish sentiment among investors leaves the cryptocurrency in a state of equilibrium. BTC’s resilience in avoiding dips below $60,000 has been driven by strong institutional investor demand and long-term buying, despite volatility stemming from the US-Israel-Iran war. Market maker Wintermute noted that Bitcoin’s price and sentiment were diverging. The Fear and Greed Index sat at 11 on Tuesday, staying in “extreme fear” for over a month. Read more
    Tags: Bitcoin
  • US prosecutors reject Tornado Cash co-founder‘s argument for dismissal
    Cointelegraph.com - 16:48 Apr 07, 2026
    US prosecutors reject Tornado Cash co-founder‘s argument for dismissalRoman Storm, the co-founder of the crypto mixing service, still faces a possible retrial on two charges after a jury failed to reach a verdict in 2025. Jay Clayton, the US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission (SEC), has penned a response to Tornado Cash co-founder Roman Storm’s motion for acquittal, criticizing his alleged criminal behavior.   In a Tuesday filing in the US District Court for the Southern District of New York, Clayton said that Storm’s criminal use of Tornado Cash was “window dressing at best and outright misdirection at worst,” rejecting arguments that he be allowed to use a civil copyright case in his defense. The US Attorney’s filing followed a Thursday notice from Storm’s lawyers saying they intended to use a 2026 Supreme Court case, Cox Communications, Inc. v. Sony Music Entertainment, as part of an argument about the Tornado Cash co-founder’s intent to participate in the crimes of which he is accused: conspiracy ...
  • Split Capital winds down as founder joins stablecoin startup Plasma
    Cointelegraph.com - 14:50 Apr 07, 2026
    Split Capital winds down as founder joins stablecoin startup PlasmaSplit Capital founder Zaheer Ebtikar is closing his crypto hedge fund after strong returns to join Plasma as chief strategy officer, citing a major industry shift. Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma. Ebtikar announced the news in an X post on Tuesday, saying Split Capital was profitable both in 2024 and 2025, and delivered over 100% in returns. “We were a top performing fund by every mark,” Ebtikar claimed, adding that his decision to wind down the business was driven by a belief that the crypto market had shifted away from strategies that hedge funds are designed to capture. Read more
  • Polymarket bags 97% of onchain prediction market fees after pricing overhaul
    Cointelegraph.com - 14:20 Apr 07, 2026
    Polymarket bags 97% of onchain prediction market fees after pricing overhaulPolymarket has become one of decentralized finance’s highest fee-generating protocols, pulling in about $7.1 million in fees in the first week of the second quarter. Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data. That pace implies an annualized run rate of roughly $365 million if sustained, placing the onchain prediction platform among the industry’s top fee generators and giving it nearly all of the sector’s revenue, at 96.8% of onchain prediction market fees. The gains follow a March 30 pricing change that pushed daily fees to around $1 million, a level that has largely held as trading activity remains elevated, data from DeFiLlama shows, and make Polymarket the eighth-largest DeFi protocol by fees, along with stablecoin issuers Circle (USDC) and Tether (USDT) and decentralized derivatives exchange Hyperliquid. Read more
  • Bitcoin waits at $68K as hours tick down to Iran deadline
    Cointelegraph.com - 14:17 Apr 07, 2026
    Bitcoin waits at $68K as hours tick down to Iran deadlineBitcoin and risk-asset price action tried to brush off new US-Iran war rhetoric just hours before the deadline for a deal passed. Bitcoin (BTC) stayed near a key long-term trend line at Tuesday’s Wall Street open as markets waited for US-Iran war cues. Key points: Bitcoin and US stocks attempt to shrug off claims by US President Donald Trump that a “whole civilization will die” after his Iran deadline expires. Read more
  • CME Group expands crypto futures with Avalanche and Sui contracts
    Cointelegraph.com - 14:15 Apr 07, 2026
    CME Group expands crypto futures with Avalanche and Sui contractsCME Group said it will launch Avalanche and Sui futures contracts pending regulatory approval, as it expands its regulated crypto product offering. CME Group is expanding its suite of cryptocurrency futures products, as more traditional finance (TradFi) entities launch regulated crypto trading products. On Tuesday, CME Group announced plans to launch Avalanche (AVAX) and Sui (SUI) futures contracts on May 4, pending regulatory review. Market participants will be able to trade both micro-sized and larger-sized contracts, including AVAX futures sized at 5,000 AVAX and Micro AVAX futures sized at 500 AVAX, as well as SUI futures sized at 50,000 SUI and Micro SUI futures sized at 5,000 SUI. Read more

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