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Research institution Bernstein's latest report states that as Bitcoin approaches the $80,000 mark, the cryptocurrency market is entering a new phase of structural growth. This cycle may last longer than previous ones and has "asymmetric upside potential." The report points out that the previous drop to $60,000 has formed a temporary bottom, and the market is being driven by the integration of institutional funds and the traditional financial system.Analyst Gautam Chhugani stated, "The best times for the crypto industry are still ahead, which will be reflected in a higher and more sustained bull market cycle." In terms of supply structure, about 60% of Bitcoin has not been transferred for over a year, indicating an increase in the proportion of long-term holders; at the same time, ETFs and corporate balance sheet allocations continue to absorb supply. Strategy currently holds approximately 818,000 BTC, and its yield-generating products are attracting more traditional funds.On the institutional channel front, Morgan Stanley and Charles Schwab are expanding Bitcoin ETF and spot trading access, further lowering investment thresholds. Fundamentally, the supply of stablecoins has surpassed $300 billion, and the demand for real payments and settlements has increased; the tokenization scale of real-world assets (RWA) has reached $345 billion, a year-on-year increase of 110%. Additionally, platforms like Hyperliquid are driving increased activity in on-chain stock and commodity trading.The report also warns that quantum computing poses a long-term potential risk to crypto security, but it is manageable in the short term, and the industry has ample time to transition to quantum-resistant standards.

According to market news, Colombia and U.S. law enforcement agencies have jointly acted to successfully dismantle a transnational cryptocurrency money laundering network associated with the Mexican "Jalisco New Generation Cartel" (CJNG). Since 2023, this network has transferred over $190 million in illegal funds through cryptocurrency channels, seizing multiple crypto wallets and cash on site.Investigations show that the network commonly employs tactics such as fund splitting, decentralized transfers across multiple wallets, circulation across jurisdictions, and token swaps to evade tracking. Currently, authorities have not disclosed specific details regarding the cryptocurrencies involved, trading platforms, or the number of arrests, and the investigation is still ongoing.

Ju.com disclosed the first-day data for its new product matrix Hyper Trade. Within just 24 hours of launch, the series has shown strong performance, with the total number of participants exceeding 10,000 and total orders surpassing 200,000.Among them, "Bounty Duel," "Finger Trading," and "Happy BTC" have become the most popular star products due to their high interaction frequency.Data shows that Hyper Trade's characteristics of "low threshold and high transparency" are attracting a large number of users to the lightweight market prediction track.

According to on-chain analysis platform Nansen, in the past 24 hours, whale and celebrity wallets have continued to accumulate HYPE, while exchange supply has decreased by 22.86% during the same period. Specifically, the high-balance address [Adeub6BN] made five consecutive purchases in one afternoon, with each transaction amounting to between $51,000 and $99,000; the address lajay.sol made another purchase of about $66,000 eight hours ago; Token Millionaire [GJvewfRj] directly withdrew HYPE from the Meteora liquidity pool.

According to Gate market data, the US dollar index DXY has risen more than 10 points in the short term, currently reported at 98.52. Non-US currencies have declined, with the euro against the US dollar and the Australian dollar against the US dollar both falling more than 0.5% during the day; the US dollar against the Swiss franc and the US dollar against the Japanese yen have both risen more than 0.5% during the day.

According to Jinshi reports, Federal Reserve Chair nominee Waller stated that the inflation trend is improving, but more efforts are still needed.

According to Jinshi reports, Federal Reserve Chair nominee Waller stated that if we cut interest rates, more people will benefit.

U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the consideration of the cryptocurrency market structure bill until May, in order to allow more time for finalizing a compromise on stablecoin regulation between banks and the cryptocurrency industry.This move aims to provide additional negotiation space around key disagreements regarding stablecoins and to promote the formation of a more viable regulatory framework.

Well-known developer and Yuga Labs Vice President 0xQuit posted on X that the situation with Aave is dire and worsening, with multiple liquidity pools reaching 100% utilization, causing depositors to be "stuck," and the protocol facing further bad debt risks... If the price of ETH drops and Aave cannot effectively liquidate (which is indeed the case currently), it will ultimately lead to inefficient liquidations, resulting in more bad debt. If the problem cannot be resolved quickly, this situation may snowball.

ChainCatcher reported live that Hong Kong Legislative Council member (Technology and Innovation sector) Kenneth K.Y. Lau shared a keynote speech titled "Steady and Progressive Development Keeps Hong Kong at Forefront of Web3 Expansion" at the 2026 Hong Kong Web3 Carnival.He reviewed the development of Web3 in Hong Kong since 2022, from the licensing system for virtual asset service providers, the pilot of tokenized products, to last year's Policy Declaration 2.0 and the SFC ASPIRe roadmap, believing that regulatory clarity is the primary condition for the industry's development.He specifically compared the regulatory paths of the United States and Hong Kong, pointing out that although the U.S. has introduced important documents such as the Clarity Act, Genius Act, and the joint statement from the SEC and CFTC, the political situation may lead to legislative delays or even reversals; in contrast, Hong Kong provides a stable, transparent, and continuous development environment in terms of product classification, legislation, and infrastructure.He also mentioned the potential threat of quantum computing to the cryptocurrency industry, believing that at least five more years are needed, but the industry should prepare in advance at the cryptographic level. Finally, he emphasized that Hong Kong needs more technology developers and should promote cross-jurisdictional connectivity to form a positive flywheel for product issuance, investor participation, and innovator entry.

According to Reuters, U.S. President Trump stated that he may go to Islamabad once an agreement is reached, but no decision has been made yet. There may be more negotiations regarding the Iran agreement this weekend.

According to The Block, the total amount of bets related to the 2026 elections on the Polymarket platform has exceeded $2 billion. With the elections in Hungary and Peru approaching, the betting volume in April has significantly increased; the share of bets from non-U.S. markets has risen significantly and now accounts for a majority.The Block points out that election prediction markets are no longer exclusive to the United States and are gradually becoming a global phenomenon.

According to on-chain analyst ZachXBT, a counterfeit Ledger Live application was launched on the Apple App Store, resulting in over 50 users' assets being stolen, with total losses amounting to approximately $9.5 million, involving various assets such as Bitcoin, EVM chain assets, TRON, Solana, and XRP.The stolen funds were subsequently transferred through more than 150 KuCoin deposit addresses and laundered using a centralized mixing service called AudiA6. Data shows that the largest single loss reached $3.23 million. The application has recently been removed by Apple.

Circle founder and CEO Jeremy Allaire spoke at an offline event in Seoul, South Korea, stating: "We are exploring the issuance of a token for the Arc Network (the stablecoin payment public chain being developed by Circle) to achieve governance, incentives, and economic alignment, and to gradually transition it to a PoS system. We hope to announce more details in the near future."

According to Financial IT, HSBC's Global Payment Solutions (GPS) business has successfully completed a pilot of Tokenized Deposit Services (TDS) on the public blockchain Canton Network, simulating the entire process of issuing, transferring, and atomic settlement of tokenized deposits with other digital assets. This is the first time HSBC's TDS has been issued and used on a public blockchain. HSBC TDS supports major currencies such as USD, GBP, EUR, HKD, and SGD, allowing fiat deposits to be converted into digital tokens at a 1:1 ratio, enabling instant transfers on the HSBC ledger, and supporting 24/7 real-time settlement and programmable payments.Manish Kohli, Head of HSBC Global Payment Solutions, stated that this pilot demonstrates the evolution of tokenization in the banking industry and the necessary infrastructure, with the company's focus on building secure and interoperable capabilities to enable customers to transfer funds more efficiently across different environments. Yuval Rooz, co-founder of Canton Network and CEO of Digital Asset, stated that tokenized deposits are accelerating in capital markets, corporate banking, and cash management, and Canton has become one of the major deployment networks.

Trump stated that the whole world is relying on the United States for oil due to Iran's actions in the Strait of Hormuz. Trump said, "Tomorrow at 10 o'clock we will implement blockade measures... Other countries are also working to ensure that Iran cannot sell oil, and this will work very well! Many ships are heading to our country, they will refuel and then leave to transport this oil, so they will not pass through the Strait of Hormuz, and this issue will ultimately be resolved.The whole world is relying on the United States. Due to the 'Drill, Baby, Drill' campaign, our oil reserves have increased, and our oil reserves are greater than the total of Russia and Saudi Arabia combined. The situation now is that ships are coming in, refueling, and no longer needing to pass through the Strait of Hormuz!"

According to L2BEAT analysis, users of the Ethereum Layer 2 network Scroll were overcharged more than $50,000 in transaction fees within about four days last week. The reason is that the Scroll team manually adjusted two rate multipliers in their Gas price oracle six times within six days, increasing each by 2 to 10 times, cumulatively raising the L1 data cost parameter to 1,280 times the original benchmark.Approximately 139,000 affected transactions originally had a total cost of only about $280, but were actually charged over $50,000, with automated bots accounting for the vast majority. L2BEAT pointed out that the overcharging was not an issue with the sequencer, but rather stemmed from the team's multiplier adjustments executed through a multi-signature wallet. This incident has raised questions about whether Scroll had previously subsidized users with rates below cost to maintain activity. According to DeFiLlama data, Scroll currently has a TVL of only $24 million, down 96% from its peak of $585 million in October 2024. As of the time of publication, Scroll has not publicly responded.