coin

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 CoinDesk, Fidelity Digital Assets released the "Q2 2026 Signal Report," indicating that although the overall cryptocurrency market was in a consolidation phase at the beginning of the second quarter, several underlying data points have shown signs of stabilization.The report shows that Bitcoin's dominance continues to rise, with capital consistently concentrating on the most liquid assets. The levels of unrealized profits and momentum indicators are consistent with characteristics of a correction period, which may lay the foundation for a more stable market structure in the future.Meanwhile, the network usage and price trends of Ethereum and Solana have diverged, indicating that demand at the protocol layer remains robust. The report also notes that Bitcoin futures are currently experiencing negative funding rates, and research institution 10x believes this reflects structural hedging behavior by institutions rather than an overall bearish signal.

According to monitoring by Omar Faridi, the net demand from institutional investors for Bitcoin has regained strong momentum, reaching the highest growth rate since the end of 2025.Data from Bloomberg, Glassnode, and Bitwise Europe shows that the buying power of professional institutions such as funds and asset management companies significantly exceeds selling pressure. Industry analysis points out that institutional funds typically feature large transactions and long-term holdings, and the renewed acceleration of their net demand indicates an increased confidence among large players in Bitcoin as a store of value. Currently, the rise in institutional participation is driving improvements in market liquidity and is seen as a signal of Bitcoin's further solidification in the global financial system.

a16z crypto released an analysis report titled "The New Stack of Global Finance: The Stablecoin Edition." The report points out that stablecoins have evolved from niche trading tools into fundamental financial pipelines, giving rise to a new type of "banking as a service" model that is driving the reconstruction of the financial system. The report believes that the transition to on-chain finance has "crossed the point of no return."The report categorizes blockchains into three types: general-purpose chains (such as Solana, Ethereum, and L2), payment-specific chains (such as Stripe's Tempo), and institutional networks (such as Canton). It also notes that the bottlenecks in the banking industry are easing, with a number of crypto-friendly banks actively connecting on-chain infrastructure with traditional fiat systems. The competition for stablecoin issuance has shifted to regulatory positioning, with issuers vying to obtain OCC national trust charters.The report states that payments are the "first act," while credit may be the more important "second act." The large-scale issuance of stablecoins will give rise to a new on-chain credit market, allowing capital to form outside the traditional banking system. The report also emphasizes that stablecoins not only enhance the dominance of the dollar but also provide emerging market users with access channels to the dollar.

According to The Block, analysts at research firm Bernstein stated in their latest report that the fundamentals of the crypto market are continuously improving. The recent low of $60,000 for Bitcoin has formed a clear bottom, and the current price is approaching $80,000. Driven by institutional demand, a longer structural bull market is expected.Bernstein analyst Gautam Chhugani pointed out the following core driving factors:Institutional channels continue to expand: Morgan Stanley's Bitcoin ETF and Charles Schwab's spot Bitcoin/Ethereum trading platform have been launched one after another, with about 60% of Bitcoin supply not having moved for over a year, indicating a stable holder structure;Strategy continues to increase holdings: its STRC perpetual preferred stock product attracts income-focused investors, with current holdings reaching 818,334 Bitcoins;Demand for stablecoins reaches an all-time high: stablecoin supply has surpassed $30 billion, decoupling from the price cycle of the crypto market, showing that real payment and settlement demand continues to grow;Tokenization of real assets accelerates expansion: the scale of tokenized assets such as private credit and government bonds has reached $345 billion, a year-on-year increase of 110%.Bernstein also noted that quantum computing poses a long-term potential risk, but the blockchain ecosystem is expected to have ample time to complete the post-quantum security transition.

According to Blockchain for Europe, the European Blockchain Association, in collaboration with Dr. Ulrich Bindseil, former Director General of Market Infrastructure and Payments at the European Central Bank, and Erwin Voloder, Director of Research and Strategy at the Association, jointly released a report titled "Reforming MiCA to Support Euro Stablecoins."The report recognizes the significance of MiCA as a milestone regulatory framework, but also points out that some of its design choices may place Europe in the unfavorable range of the regulatory "Laffer curve"—excessively stringent requirements could weaken the EU's market competitiveness and drive related businesses outside the EU.The report proposes a series of targeted and pragmatic reform suggestions aimed at fostering a more competitive, resilient, and globally influential euro stablecoin ecosystem under MiCA, and calls on policymakers, industry participants, and various stakeholders to actively engage in discussions to jointly promote the continuous improvement of the MiCA framework.

According to PR Newswire, BitMine increased its holdings by 101,901 Ethereum last week, marking the highest weekly purchase volume since the week of December 15, 2025. As of April 26, 2026, its total Ethereum holdings reached 5,078,386, accounting for approximately 4.21% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately $13.3 billion, which includes $940 million in cash, 200 Bitcoins, $200 million in equity assets from Beast Industries, and a $91 million investment in Eightco Holdings (ORBS). Additionally, it has staked 3,701,589 Ethereum (73% of total holdings), valued at approximately $8.8 billion, with a current annualized staking yield of about $264 million.BitMine Chairman Tom Lee stated that the company's ETH holdings surpassed 5 million this week, achieving this accumulation in just 10 months, and has completed 84% of its goal to hold 5% of the total ETH supply. Tom Lee noted that multiple research reports suggest ETH is gradually becoming a "store of value" asset and will be used as collateral in digital asset financial transactions. Since the outbreak of the U.S.-Iran war, ETH has outperformed the S&P 500 by 1,696 basis points, making it one of the best-performing assets globally (second only to crude oil).He also pointed out that Ethereum continues to benefit from the dual drivers of Wall Street's on-chain tokenization and the growing demand for public neutral blockchains from AI intelligent systems, indicating that this round of the crypto winter has entered its final phase.

Tether announced the launch of the Mining Development Kit (MDK). MDK is an open-source, full-stack development framework designed to provide Bitcoin miners and developers with unified control over their entire infrastructure stack.MDK adopts an open modular architecture and Agnostic interface, combining a JavaScript backend SDK and a React UI component library to replace the closed proprietary systems that have led to fragmented mining operations over the years. The framework is suitable for all users, from home miners to gigawatt-scale mining farms, supporting Windows, macOS, and Linux, and capable of avoiding vendor lock-in. MDK includes a standalone core layer (MDK Core) and a UI development kit, enabling rapid development of operational dashboards, automated workflows, mining pool management tools, and analytics pipelines.Tether CEO Paolo Ardoino stated that MDK will provide the infrastructure support for the next generation of Bitcoin mining focused on automation and optimization. Previously, Tether had open-sourced its mining operating system MOS.

According to official news, OranjeBTC has newly purchased 2 BTC at an average price of approximately $77,491 each, costing about $155,000.As of now, the company holds a total of 3,725 BTC, with a total cost of approximately $392.5 million, an average price of about $105,367 each, and a cumulative BTC yield of 2.64% (the yield for Q1 2026 is 0.24%).

According to official news, Strategy increased its holdings by 3,273 BTC at an average price of approximately $77,906 last week, with a total value of about $255 million. The BTC return since the beginning of 2026 has reached 9.6%.As of April 26, 2026, Strategy holds a total of 818,334 BTC, with a total purchase cost of approximately $61.81 billion, at an average price of about $75,537.

According to official news, Banking Circle has officially launched a stablecoin settlement service today.Previously, the bank had obtained a crypto asset service provider (CASP) license issued by the Luxembourg financial regulator CSSF. The new service supports instant two-way exchanges between fiat currencies and mainstream stablecoins such as USDC, USDG, and EURI, and relies on the bank's core platform to achieve round-the-clock settlement and regulatory traceability. Currently, the global market value of stablecoins is approximately 250 billion euros, with an annual payment transaction volume of about 330 billion euros and a monthly on-chain transaction volume exceeding 80 trillion euros.Banking Circle CEO Laust Bertelsen stated that stablecoins have become the core infrastructure for cross-border settlement and fund management. This launch aims to combine the efficiency of blockchain payments with banking compliance standards to serve its global client base of over 750 payment institutions.

Strive CEO ColeMacro responded to the Grayscale report, stating that the report indicates the long-term ability of the Strategy to pay STRC dividends depends on the rise in Bitcoin prices.ColeMacro mentioned that there is a huge demand for digital credit because it offers double-digit returns, low volatility, and is easy for credit risk investors to understand and favor. He also pointed out that the report failed to discuss volatility and has shortcomings in credit analysis.

According to GMGN monitoring, the Meme coin ASTEROID on the Solana chain surged by 30% within 1 hour, reaching a market capitalization of 7 million USD, with a 24-hour increase of 160% and a trading volume of 5.2 million USD during the same period. This token has been online for 10 days, and this morning it briefly rose above 9 million USD.In addition, the same narrative Meme coin ASTEROID on the Ethereum chain maintains a high market capitalization, currently reported at 129 million USD, with a 24-hour decrease of 13.3% and a trading volume of 19 million USD during the same period.ChainCatcher reminds users that Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, and has no actual value or use case. Investors should be aware of the risks.

According to a report from CoinShares' research department, digital asset investment products recorded a net inflow of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1. Among them, Bitcoin led with an inflow of $933 million, bringing the year-to-date total inflow to $4 billion; Ethereum saw inflows of over $190 million for the third consecutive week; XRP returned to net inflow after a week of outflows.Regionally, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating a broadening demand. Additionally, blockchain stock ETFs have cumulatively attracted $617 million over the past three weeks, setting a record for weekly inflows, reflecting growing interest from institutional investors in this sector. The market is currently focused on the FOMC meeting on April 28-29, which may create some disturbances in short-term sentiment.

CryptoQuant analyst Darkfost posted on the X platform that Binance attracted a total of $6 billion in stablecoin inflows in March and April, with nearly $3.5 billion in net inflows in April, contrasting sharply with the previous net outflow of about $7.6 billion.Despite the escalating tensions between the U.S. and Iran increasing market uncertainty and concerns about rising inflation being unfavorable for risk assets, the trend of stablecoin inflows has clearly shifted. The analyst pointed out that when inflows to major exchanges exceed outflows, it indicates that some parts of the market are beginning to reposition themselves to participate in the gradual recovery over the past two months. If this trend continues, it may provide support for a short-term positive market.

According to CoinDesk, Paul Sztorc, a developer who has long focused on Bitcoin scaling solutions, proposed a Bitcoin hard fork named eCash to be initiated in August 2026 at block height 964,000, distributing eCash to users holding BTC at a 1:1 ratio at the time of the fork, and introducing a Drivechains sidechain architecture in the new chain.The controversy mainly revolves around the plan to pre-allocate a portion of eCash corresponding to Satoshi Nakamoto's address on the new chain to early investors, a move that has drawn criticism from the community, with some individuals claiming it involves "stealing" tokens. Paul Sztorc stated that this move aims to provide incentives for development and collaboration before the project's launch.

French listed company Capital B (ALCPB) announced an increase of 400,000 euros to acquire 6 bitcoins, currently holding a total of 2,943 bitcoins, with a year-to-date bitcoin return of 1.61%.

CryptoQuant CEO Ki Young Ju stated that the recent rise in Bitcoin is mainly driven by the futures market, while on-chain spot demand remains negative.He pointed out that, based on historical experience, bear markets typically require a synchronized recovery of both spot and futures demand to potentially end.

UPBIT will launch trading for Onyxcoin (XCN) on April 27, 2025, at 16:00, supporting KRW and USDT markets. Users can make deposits 1 hour and 30 minutes after the announcement is released, and trading support will open at the specified time.