Category: crypto
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Uniswap price jumps on perp squeeze, but chart still screams ‘range’
Uniswap’s price increased by 4-5% over 24 hours as shorts covered previous selling. Perpetuals volume spiked while open interest only slightly rose, indicating a flow-driven bounce. UNI trades as a DeFi governance and DEX token, moving in line with liquidity-sensitive majors. The recent jump is seen within a broader multi-month range.
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Bitcoin price prediction: BTC at $68K
Bitcoin briefly touched $70,200 on Monday before dropping to $68,200 on Tuesday as Iran rejected a ceasefire proposal and Trump’s deadline approached. Despite the drop, there was strong institutional demand for Bitcoin ETFs. Analysts believe a deal could push BTC to $75,000, while escalation could lead to a drop to $60,000.
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Crypto market update: Iran’s Hormuz crypto toll
Iran’s IRGC has established a toll system at the Strait of Hormuz, demanding payments in stablecoins or yuan for naval escort. Despite crypto’s growing role in wartime finance, Bitcoin has underperformed gold since the conflict began. Iran’s use of stablecoins in the toll system bypasses US dollar clearing. Bitcoin is not performing well as a…
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AI agents, privacy and prediction markets define ETHGlobal Cannes 2026 finalists
ETHGlobal Cannes 2026 has named 10 finalists focusing on AI agents, privacy infrastructure, and on-chain prediction markets. Projects like ENShell, DIVE, Corpus, and VEIL VPN showcase innovative approaches to these technologies. The hackathon offers substantial prizes and serves as a platform for developers to explore cutting-edge technologies.
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Over $273 Million in Bearish Bets lost
Over $273 million in bearish crypto positions were unwound in less than 24 hours on April 6, due to reports of US-Iran ceasefire talks causing a shift in market sentiment. Bitcoin and Ethereum saw gains, with open interest rising, indicating new capital entering the market. Traders had bet on a range between $65,000 to $73,000…
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China Orders Apple to Remove Dorsey’s Bitchat,
China’s Cyberspace Administration ordered Apple to remove Jack Dorsey’s Bitchat from the China App Store due to regulations requiring apps with social mobilization capabilities to pass a security assessment first. Bitchat, which operates over Bluetooth mesh networks, has been widely used by protesters in various countries to bypass government shutdowns. Despite the ban, Bitchat has…
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Circle Is Building Its New Blockchain to stop Quantum Attack
Circle’s Layer-1 blockchain Arc will launch with a post-quantum signature scheme to protect user wallets from potential quantum computing threats. The USDC issuer warns that quantum computing capabilities could arrive by 2030, with adversaries possibly already stockpiling encrypted data for later decryption. The blockchain has been on testnet since October 2025, using USDC as the…
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Algorand Surges 50% in a Month After Google’s Quantum Flag
Algorand’s ALGO token saw a 50% increase in April, reaching $0.126, with its market cap surpassing $1 billion. Google’s quantum AI paper cited Algorand as a benchmark for post-quantum blockchain security, leading to the token’s surge. Other factors contributing to the rise include regulatory clarity, new partnerships, and increased derivatives trading.
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TradFi LARP or Institutional Blockchain Pivot?
Canton Network, an institution-first blockchain, is challenging Ethereum’s open ethos in the realm of tokenized finance. Major banks are already using Canton, raising questions about the future of blockchain technology. The debate also highlights the tension between privacy-gated chains like Canton and open networks like Ethereum.
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Prediction markets sprint from crypto niche to mainstream finance
Prediction markets such as Polymarket and Kalshi have rapidly grown to become a major sector in finance, with nearly $24 billion cleared monthly. These markets are attracting AI bots, Wall Street capital, and new CFTC regulations, bringing them into the mainstream financial world. Regulatory attention and institutional interest are increasing, indicating a shift towards traditional…