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Kalshi CEO Tarek Mansour cited a Bloomberg report on X stating that Kalshi has completed its first customized block trade, with Jump Trading providing liquidity support for the transaction. This trade was facilitated by Greenlight Commodities this month, representing an environmentally-focused hedge fund based in Houston that seeks exposure to a contract tracking whether a specific price will be realized in the carbon emissions allowance auction taking place in California in May.Mansour stated that the institutional application of prediction markets could be a $10-15 trillion market, with even greater growth potential depending on how widely they are adopted compared to products currently exclusive to Wall Street.

According to PRNewswire, Bitmine Chairman Tom Lee stated that since the US-Iran conflict, ETH has outperformed the S&P 500 Index by 1,696 basis points, becoming the best-performing single asset globally, aside from crude oil, and has acquired the attributes of a "wartime store of value" asset.Tom Lee added that as Wall Street accelerates the promotion of on-chain tokenization and the demand for public, neutral blockchains from the Agentic AI system continues, Ethereum will continue to benefit. His basic expectation is that we are currently in the final stage of a "mini crypto winter."

The prediction market platform Polymarket will undergo a V2 exchange upgrade on April 28 at 19:00, and will be down for approximately 1 hour. The V1 order book will be cleared, and all open limit orders will be canceled. Users trading via API need to update to the latest version of the SDK before the upgrade, as the V1 client will no longer be usable after the upgrade.

Quantitative trader Killa shared his comparison of the Bitcoin bear market bottom on platform X. He stated that the bottom should be at $38,800, considering a deviation of about 5%, the bottom could be $40,740 or $42,680.Killa previously used models (cyclical decay analysis, pattern analysis, mathematics + numerology) to predict this bull market's top at $121,362, while the actual top was $126,100. Killa emphasized that even the highest prediction of $42,680 is still far below $60,000. Therefore, $60,000 as a bottom is "very optimistic." He plans to buy as much spot Bitcoin as possible in July and August.

Ju.com market shows that JU continues to rise strongly, breaking through 3.57 USDT, currently reported at 3.6 USDT. Compared to the bottom price of 0.357 USDT at the end of February this year, JU has increased by over 1000%.

X product head and Solana advisor Nikita Bier announced that X has launched the "Custom Timelines" feature, allowing users to pin specific topics to their homepage tab and supporting over 75 interest topics, helping users delve deeper into niche content areas.This feature is supported by content understanding from Grok and combines the platform's algorithmic personalization recommendations, dynamically generating each timeline based on user interests, particularly effective on topics where users already have interaction preferences. Currently, this feature has been made available for early access to Premium subscribers on the iOS platform, with the Android version expected to be launched soon.

According to official news, Coinbase has suspended trading on 25 perpetual contracts as previously announced, and the related open positions have been automatically settled at the final settlement price.The contracts involved include TRB, RARE, NEIRO, A, ME, XTZ, KMNO, RAY, STX, ENS, GMT, SNX, 1000FLOKI, 0G, ORDI, NIL, BIO, UMA, BEAM, INIT, SOMI, EGLD, CLANKER, SOPH, BIGTIME, etc. The final settlement price is calculated based on the average index price in the 60 minutes prior to the suspension.Coinbase stated that this move aims to focus on continuously meeting liquidity and market quality standards for products and will accelerate the launch of new perpetual contracts by optimizing internal processes.

According to PR Newswire, Bitmine Chairman Thomas "Tom" Lee stated, "We are seeing more and more signs that the mini crypto winter is coming to an end."With the downside risks of the US-Iran war diminishing, ETH has rebounded 41% from its low in early February. Since the outbreak of the war, ETH has outperformed the S&P 500 index by 2,280 basis points and remains the best-performing asset globally (excluding oil prices). Ethereum continues to benefit from two major positive narratives, including Wall Street's asset tokenization on the blockchain and the increasing need for public, neutral blockchains by proxy AI systems.In our view, it is significant that ETH has become the best wartime store of value and that ETH has led the market since the war began. Although many believe the crypto winter may last until the fall of 2026, our perspective remains that the crypto winter is nearing its end.Since 2015, every major crypto winter has coincided with a stock market pullback of at least 20%. In fact, the crypto pullback in 2025 occurred simultaneously with a 20% drop in the S&P 500 index. However, in 2026, the stock market pullback was more moderate, at only -8%.

According to official Twitter news, B.AI has released its latest weekly report, disclosing several important advancements in developer ecosystem and financial infrastructure development.In terms of products, B.AI has officially launched the OpenClaw automatic configuration script, introduced the open-source AI coding assistant BAI Code, and completed Stripe integration, laying a solid foundation for the ecosystem's payment and development experience; in terms of wallet support, new multi-link access for KuCoin Web3 and Trust Wallet has been added.With the number of users surpassing 1 million, B.AI is continuously expanding its developer toolchain and financial connectivity capabilities for autonomous agents through deep cooperation with platforms such as KuCoin and Symbiosis, aiming to build the core AI infrastructure for the digital economy era.

According to BBX data, the bidirectional penetration of traditional financial institutions and industrial infrastructure into the crypto space has accelerated over the weekend, with the following core dynamics:The Charles Schwab Corporation (NYSE: $SCHW) officially launched the Schwab Crypto platform in phases on April 17, opening direct trading of Bitcoin and Ethereum spot to 39 million active brokerage account customers through its Charles Schwab Premier Bank, SSB, with compliance custody and trade execution provided by Paxos, and a fee of 75 basis points per transaction; initially excluding New York and Louisiana. The company recorded earnings per share of $1.43 and revenue of $6.48 billion in Q1 2026, with total customer assets of approximately $12.22 trillion as of early 2026.Alcoa Corporation (NYSE: $AA) CEO Bill Oplinger confirmed in a Bloomberg interview on April 17 that the company is in deep negotiations with Bitcoin financial services company NYDIG regarding the sale of the Massena East smelter site in New York (1,300 acres, closed since 2014), which "should be completed by mid-year." The site is adjacent to the St. Lawrence River and can access hydroelectric resources provided by the New York Power Authority; NYDIG has been operating Bitcoin mining facilities there since 2024 and will gain full control of the infrastructure after the acquisition. The financial terms of the transaction have not been disclosed.

According to official news, the cloud hosting platform Vercel has confirmed that a security incident has occurred, involving unauthorized access to some internal systems.Currently, only a small number of customers have been confirmed to be affected, and Vercel is communicating directly with the relevant customers. Vercel stated that its services are still operating normally, and it has initiated an investigation and hired incident response experts to assist in handling the situation, while also notifying law enforcement.Vercel recommends that all customers review their environment variables and use the sensitive environment variable feature to enhance security protection.

According to CoinDesk, Glassnode's Bitcoin on-chain metric RHODL ratio is currently at 4.5, which is the third highest level on record, and the signals it emits are more aligned with a market bottom rather than a cycle top.The RHODL ratio compares the value of Bitcoin held by long-term holders (holding for 6 months to 3 years) to that held by short-term holders (holding for 1 day to 3 months). An increase in the ratio typically reflects a longer holding period for chips and reduced speculative activity, rather than an influx of new buyers—this dynamic has occurred after significant corrections in 2015, 2019, and 2022. During the 50% drop in Bitcoin over the past six months, young speculative chips have been largely washed out, concentrating wealth among long-term holders.Historically, the RHODL ratio has only been higher than the current level twice: in 2015 (ratio of 5) and in 2022 (ratio of 7), both corresponding to cycle bottoms, which suggests that Bitcoin may still have further downside potential. However, to push the ratio to higher levels, it typically requires the activity of short-term holders to be nearly exhausted, and this condition is not yet evident under current circumstances—Bitcoin has rebounded about 25% from its February low, perpetual contract funding rates remain negative, and the S&P 500 has also reached an all-time high.Overall, this indicator suggests that the current market conditions are closer to an adjustment within the cycle rather than a cycle top formation, and the re-dominance of long-term holders in the market may indicate that a phase bottom is approaching.

The UK's Financial Conduct Authority (FCA) has released the final draft of the crypto asset framework. This new regulation is set to bring most crypto activities under the regulation of the Financial Services and Markets Act by October 25, 2027.According to the proposal, any institution that holds customer crypto assets for more than 24 hours or has the ability to revoke customer permissions will be considered a regulated custodian and must hold a full safeguarding license. Validators and node operators that provide value-added features such as yield or reward reinvestment will lose their technical exemptions. In addition, stablecoin issuers within the UK must control the entire lifecycle from issuance to redemption. Relevant institutions must submit authorization applications between September 30, 2026, and February 28, 2027.

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.

CoinDesk analyst James Van Straten stated that the Bitcoin funding rate has fallen to its lowest level since 2023, and historical patterns show that such signals often coincide with market bottoms. According to Glassnode data, the seven-day moving average of the funding rate has dropped to about -0.005%.The funding rate is the fee that long and short positions pay each other periodically in perpetual contracts to keep the contract price aligned with the spot market. When the rate is positive, longs pay shorts, reflecting bullish market sentiment; when the rate is negative, shorts pay longs, indicating a bearish market. Despite the funding rate being persistently negative from March to April this year, Bitcoin still oscillated upward from the $60,000 to $65,000 range to about $75,000. Historically, a deeply negative funding rate often coincides with Bitcoin's phase bottoms: during the market crash triggered by the COVID-19 pandemic in March 2020, Bitcoin fell to about $3,000; it dropped to $30,000 during China's mining ban announcement in 2021; it hit a low of about $15,000 during the FTX collapse in November 2022; and it briefly fell below $20,000 during the Silicon Valley Bank crisis in 2023. During the yen arbitrage trade closure in August 2024 and the "Liberation Day" sell-off in April 2025, negative funding rates also appeared alongside phase lows. The continued negative funding rate indicates that even if the price trend is positive, short positions remain at a high level. This divergence may suggest that the market is climbing within a "wall of worry," and a large number of short positions could become fuel for further price increases.

According to Cointelegraph, Bitmine Chairman Tom Lee stated at the Paris Blockchain Week 2026 conference that the current decline in the crypto market resembles a "mini crypto winter," which may be nearing its end, and believes that risk assets have bottomed out amid "bad news" such as geopolitical conflicts.He pointed out that Ethereum is expected to emerge from a long-term consolidation and will benefit from the trend of tokenization and the development of on-chain AI (agentic AI) applications in the future. If his market assumptions hold, the price of ETH could reach $60,000, with a long-term fair value potentially reaching around $62,000 (based on its estimate that Ethereum will achieve about 1/4 of Bitcoin's market value).Lee emphasized that the U.S. stock market has already seen a bottom and is driving the recovery of risk assets, while this round of crypto correction is a rare "non-stock market synchronized bear cycle." He also mentioned that the market often forms a bottom after significant negative events such as wars. As of now, ETH has dropped about 43% from its peak in October 2025, and the market remains in a clearly volatile range.

The security research organization Elastic Security Labs has disclosed a new social engineering attack targeting personnel in the finance and cryptocurrency industries. The attackers impersonate venture capital firms on LinkedIn and Telegram, tricking targets into opening an Obsidian note repository that contains a built-in malicious payload, thereby deploying a previously unrecorded Windows remote access Trojan called PHANTOMPULSE.This attack does not exploit any software vulnerabilities but instead abuses the Shell Commands plugin of Obsidian to automatically execute malicious code when the note repository is opened. On the macOS side, it uses an obfuscated AppleScript launcher in conjunction with a Telegram channel as a backup command and control server, while on the Windows side, it leverages Ethereum transaction data to achieve blockchain-based C2 address resolution.

Tom Lee, chairman of BitMine, a company in the Ethereum treasury, stated in an interview with CNBC, "The reason the stock market remains resilient is that even in the face of war, the economy is actually performing better than expected." He pointed out that defense spending is currently about $30 billion per month and could rise to $60 billion per month in the future, which has a significant stimulating effect on the economy; meanwhile, the rise in oil prices by $20 per month only adds about $12 billion in burden to households, "Overall, the war is actually helping corporate profits right now."Tom Lee cited historical precedents, saying, "Looking back at World War II, the stock market bottomed out in May 1942, just five months after the U.S. entered the war, and at that time, no American troops had even set foot on the European or Pacific battlefields." He believes, "The market is very good at pricing in outcomes ahead of time; the current rise in the stock market means that the market is pricing in a favorable outcome, although I can't clearly articulate the specific reasons, but that's the signal conveyed by the market's performance."Regarding the three major variables in the current market— the Iran war, corporate earnings reports, and interest rates—Tom Lee stated, "Among the three, only war can create tail events in both directions, so this is the variable that deserves the closest attention." In terms of sector allocation, he remains bullish on the energy sector and pointed out that energy security is one of the most important structural themes in recent years.

According to Cointelegraph, the Financial Supervisory Service (FSS) of South Korea stated that API-based cryptocurrency trading currently accounts for about 30% of the market's trading volume.The FSS pointed out that some traders are using automated tools to inflate trading volume and manipulate prices, with methods including repeatedly submitting small orders to create a false sense of activity and artificially raising prices through high-limit orders.The regulatory agency stated that it will conduct special investigations on accounts suspected of abnormal API trading and remind investors to be cautious of assets that experience sudden spikes in price and trading volume without obvious reasons. Previously, South Korea had required exchanges to verify asset balances every five minutes and continued to tighten anti-fraud rules, but some regulatory measures still face constraints due to an incomplete legal framework.