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According to Jinshi reports, U.S. Treasury Secretary Yellen stated that the dominance of the dollar and its status as a reserve currency have further strengthened.

According to ABC News, multiple sources have revealed that the U.S. Department of Justice is expected to terminate the criminal investigation into Federal Reserve Chairman Powell as early as Friday.

Web3 asset data platform RootData released the seventh issue of the "Cryptocurrency Exchange Transparency Ranking (Stock Category)", continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this issue, Binance, OKX, Bybit, Bitget, and Gate ranked in the top five.Among them, Bybit's ranking improved by 2 places, re-entering the top three, mainly due to Bybit listing 49 new stock contracts during the statistical period, making it the exchange with the most supported stocks currently. Bitget's ranking dropped by 2 places, with traffic decreasing by over 40%, which may be related to the rapid decline in traffic following the end of the SPAX subscription activity.As the market prices of cryptocurrencies like Bitcoin rise, the trading volume of exchanges generally increased by over 10% in this issue, with Kraken rising by over 20%, boosting its ranking to 6th place. Hotcoin, on the other hand, fell to 10th place due to a decrease in its transparency score.It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, providing investors with more effective data references, and will continue to enhance and publish this ranking in the future.

Greeks.live macro researcher Adam posted on platform X to announce options expiration data: 1. 109,000 BTC options expired, Put Call Ratio was 0.93, maximum pain point at $72,000, notional value of $8.55 billion. 2. 563,000 ETH options expired, Put Call Ratio was 0.72, maximum pain point at $2,200, notional value of $1.32 billion.This week the market continued to rebound, with Bitcoin strongly breaking through $78,000. The Web3 conference in Hong Kong was also filled with a joyful atmosphere of rising prices, and altcoin markets are warming up. This is a monthly expiration, with 25% of options set to expire. In terms of holding period, the distribution of open contracts in the options market shows 12% at the end of May and 24% at the end of June. From the main options data, Bitcoin's main term implied volatility (IV) has continued to decline this month, with most term IVs dropping by 1% to 2%, falling below 40%, while ETH's main term IV has decreased even more, currently around 60%.Despite the price increase, the Skew has retreated, and the market does not exhibit FOMO sentiment. In the second quarter of this year, Bitcoin performed significantly better than in the first quarter in terms of both price and popularity. This month's continued rebound is a sign of capital inflow; if macro pressures bottom out by mid-year, then Bitcoin's bottom will also be confirmed.

According to DL News, the Russian government has published a draft bill on the State Duma website, proposing to hold criminal liability for organizing the circulation of digital currencies without registration or permission from the Central Bank of Russia, with a maximum penalty of 7 years of forced labor.The draft states that ordinary violators could face fines of up to approximately $4,000 and a maximum sentence of 4 years; operators of large cryptocurrency trading platforms could face fines of up to approximately $13,000, and responsible individuals could be sentenced to 5 to 7 years. The bill also proposes that most cryptocurrency transactions be completed through commercial bank apps and imposes penalties on industrial cryptocurrency miners for unreported activities. If approved by the State Duma and the president, the new regulations are set to take effect on July 1, 2027.

According to Jayati Ghosh, an economics professor at the University of Manchester, in an article for the Bangkok Post, the Trump administration has vigorously promoted the deregulation of cryptocurrencies and has advocated for dollar-pegged stablecoins through the GENIUS Act, while refusing to develop central bank digital currencies. However, this series of policies is producing a self-destructive effect: by 2025, illegal cryptocurrency trading volume is expected to increase by over 160% year-on-year, with countries like Russia, Iran, and North Korea using cryptocurrencies to massively evade U.S. economic sanctions.Among them, Iran has introduced cryptocurrencies into the toll collection system of the Strait of Hormuz, with daily revenues estimated to reach up to $36 million; Russia, on the other hand, is using cryptocurrency exchanges to bypass asset freeze orders and fund military procurement.

ChainCatcher reported live that HashKey Capital CEO Deng Chao and Sharplink CEO Joseph Chalom jointly attended the 2026 Hong Kong Web3 Carnival roundtable discussion, exploring "From Finance to Strategy: How Public Companies Are Positioning Themselves Based on Digital Assets."Chalom, who worked at BlackRock for 20 years, began leading BlackRock's blockchain and digital assets team six years ago, during which he launched Bitcoin and Ethereum ETFs, raising about $100 billion at its peak. He stated that the choice to establish a digital asset treasury with Ethereum rather than Bitcoin is because Ethereum is a "native productive asset," which can earn nearly 3% returns through staking, while Bitcoin can only be held in anticipation of appreciation. Sharplink has been listed on Nasdaq and has raised billions of dollars to purchase Ethereum since launching its digital asset treasury strategy last June, currently holding approximately 770,000 ETH and earning about 17,000 ETH and over $35 million in rewards for investors through staking.Regarding industry trends, he pointed out that Ethereum is dominating three major use cases: stablecoins (over 60% occur on Ethereum), asset tokenization, and decentralized finance. He specifically warned that currently over 95% of stablecoins are denominated in US dollars, and if stablecoins are to become the payment rail for trillions of transactions in the AI economy, Asian regulators should not allow them to be dominated by the US dollar and US Treasury bonds, as this will trigger a geopolitical competition to advance local stablecoin legislation.Discussing market cycles, he noted that the crypto market has experienced significant pullbacks since last October, with short-term prices being unpredictable, but in the long term, the current risk-reward ratio is at its best level in a long time. He emphasized that digital asset treasuries are not passive investments; Ethereum is a high-volatility asset, and volatility is a characteristic of capital appreciation rather than a defect.

ChainCatcher reports live from the 2026 Hong Kong Web3 Carnival, where Ethereum co-founder Vitalik Buterin delivered a keynote speech. He defined Ethereum by two core functions: first, as a public bulletin board for applications to publish messages and data; second, as shared digital objects controlled by code, encompassing assets, NFTs, ENS, and DAOs. He emphasized that Ethereum's goal is not to compete with high-frequency trading platforms on speed, but to become the most secure, decentralized, and always-online trusted chain.Regarding the short-term roadmap, he introduced the account abstraction proposal EIP-8141, which natively supports smart contract wallets, quantum-resistant signature algorithms, and privacy protocols; in terms of quantum resistance, there are currently two signature schemes based on hash and lattice, and the team is significantly enhancing their efficiency through EVM vectorization.He revealed that ZKVM is fast enough to prove real-time EVM execution, with this year's goal being to ensure its security, planning to start deployment from a small proportion of the network, aiming to become the primary method of validation by 2028, allowing Ethereum to scale significantly without sacrificing decentralization. In terms of long-term vision, Ethereum is actively utilizing AI to generate mathematical proofs to formalize software security verification, pursuing complete quantum safety and maximum simplicity to ensure platform security does not rely on the continuous existence of any single team.

Binance announced today that as part of the merchant partner review, Binance Pay has terminated support for payment functionality on the RedotPay platform as of April 3, 2026.The announcement emphasized that other services of Binance Pay are unaffected, and users can still transfer cryptocurrency to friends and family via email, phone number, or Binance ID (UID), and can use cryptocurrency payments at over 21 million merchants worldwide, including national QR code networks in multiple countries.Binance stated that it will continue to expand new merchant partners to provide users with more options.

Deribit officially tweeted that tomorrow at 08:00 UTC (16:00 Beijing time), approximately 2.1 billion dollars worth of cryptocurrency options will expire on the platform.Among them, the notional value of BTC options is about 1.63 billion dollars, with a put/call ratio of 1.02, having flipped from bullish dominance to bearish dominance since last week; the notional value of ETH options is about 445 million dollars, with a put/call ratio of 0.94, and the open interest (OI) for Ethereum has increased week-on-week.Deribit pointed out that despite overall market volatility, both major assets are currently operating below their maximum pain price levels. The maximum pain for BTC is 71,000 dollars, and for ETH it is 2,250 dollars.

According to Cointelegraph, the Cato Institute, a U.S. think tank, released a report stating that the U.S. government should eliminate the capital gains tax on Bitcoin and other cryptocurrencies to make it easier for cryptocurrencies to be used as everyday currency and to promote fair competition among different currencies.Currently, U.S. tax law treats Bitcoin as a capital asset, triggering a taxable event when users pay for goods or services with Bitcoin, requiring the calculation and reporting of capital gains. This results in even small everyday purchases potentially generating hundreds of pages of tax documents, significantly increasing the compliance burden. Cato aims to remove the current U.S. tax policy barriers to the use of cryptocurrencies as currency. Cato researcher Anthony emphasized, "Congress should simplify the tax code so that ordinary Americans can easily fulfill their obligations, which will greatly alleviate the pressure of tax season and create a more competitive economic environment."According to a 2025 survey, 39% of U.S. cryptocurrency holders have used crypto assets to purchase goods and services, and currently, about 11,000 merchants worldwide accept Bitcoin payments.

According to monitoring by the cryptocurrency data agency Kaiko (@KaikoData), South Korea accounts for 30% of the global cryptocurrency trading volume, with altcoin trading making up as much as 85%, Bitcoin only accounting for 9%, and Ethereum at 6%, with a weekly trading volume of approximately $26 billion.In contrast, Japan's yen-denominated trading averages only between $2 billion and $3 billion per month, distributed across four exchanges, which is far less than South Korea. However, the depth of the Bitcoin market in Japan is 3 to 5 times that of South Korea, indicating that the liquidity quality in the Japanese market is superior.

According to the official announcement, the Binance Flash Exchange Regular Investment Rebate Program will terminate on May 1, 2026, at 7:59. At that time, flash exchange regular investment transactions will no longer receive rebate rewards from this program.The qualified rebates accumulated by users in April 2026 will be fully distributed before the end of May 2026. The existing regular investment program will continue to operate, but the rebate incentives will cease.

According to market news, a report released by the blockchain security company Hacken shows that Web3 projects lost a total of $464.5 million this quarter due to hacker attacks and scams, with phishing and social engineering attacks accounting for $306 million, becoming the main source of losses.A hardware wallet scam that occurred in January caused a loss of $282 million, accounting for 81% of the total quarterly losses. Smart contract vulnerabilities led to losses of $86.2 million, while access control failures (including breaches of keys and cloud services) caused losses of $71.9 million. The report points out that the largest security incidents often occur in off-chain operations and infrastructure layers, which traditional audits find difficult to cover. The European regulatory frameworks MiCA and DORA are increasing requirements for security monitoring and incident response, and global regulatory agencies are also raising standards for real-time monitoring and emergency response.

According to Cointelegraph, Nic Puckrin, founder of Coin Bureau and cryptocurrency market analyst, stated that Bitcoin's current recovery is relatively weak. The geopolitical and macroeconomic pressures caused by the Middle East war will dominate the market trends in the second quarter of 2026, with interest rate cuts expected no earlier than the third or fourth quarter. He pointed out that for BTC to reach $90,000, three conditions must be met: easing geopolitical tensions, oil prices falling back to around $80, and weakening economic data.Currently, BTC is priced at approximately $71,276, facing resistance at $74,000, and still operating below the 200-day exponential moving average. Previously, BTC rose above $73,000 on April 6 but fell back due to the breakdown of U.S.-Iran negotiations and Trump's announcement to block the Strait of Hormuz. There are internal disagreements within the Federal Reserve FOMC regarding interest rate cuts in 2026, and CME Fedwatch data shows that the probability of maintaining interest rates unchanged in the meetings on April 29 and June 17 is over 98%.

According to Jinshi citing Xinhua News Agency, U.S. President Trump issued a new threat to Iran, stating, "At the appropriate time, we will be fully 'prepared,' and our military will end the remnants of Iran's forces."

According to CoinDesk, The Ether Machine, an Ethereum treasury company, announced on Friday that its $1.6 billion SPAC merger agreement with Dynamix Corporation (stock code: DYNX) has been terminated due to unfavorable market conditions.The merger agreement was initially disclosed in 2025, aiming to list The Ether Machine on Nasdaq under the stock code ETHM. The company is positioned as an Ethereum treasury and yield vehicle, generating returns through staking and DeFi strategies while holding a large reserve of Ethereum. According to CoinGecko data, The Ether Machine currently holds 496,712 ETH, valued at over $1.1 billion.The transaction garnered attention due to its scale, which included a $1.5 billion fully subscribed PIPE financing, described as the largest of its kind since 2021, in addition to approximately $170 million in the Dynamix trust account. The Ethereum holdings of the merged entity are expected to exceed 400,000 ETH, partly contributed by co-founder Andrew Keys' investment.In their termination statement, the two companies stated that this was "mutually agreed upon by both parties to terminate." According to documents filed with the U.S. Securities and Exchange Commission (SEC), as part of the termination agreement, Dynamix will receive $50 million in compensation within 15 days.

According to Wall Street News, HSBC stated, "We welcome the Hong Kong Monetary Authority's issuance of stablecoin licenses. We plan to launch a Hong Kong dollar-denominated stablecoin in the second half of 2026."

To enhance market liquidity and user experience, Binance will adjust the minimum nominal value of the USDⓈ-M perpetual contracts for BTCUSDT and BTCUSDC from 100 USDT/USDC to 50 USDT/USDC.The adjustment is expected to be completed within 4 hours and will not affect existing orders or normal trading.