Category: crypto

Hyperliquid is trading at $43.60 on April 13, up 2.76% on the 4H chart, testing the upper boundary of an ascending channel from December 2025 lows near $22. The MACD histogram is at 0.03, indicating thinning momentum. A close above $46.22 targets $50, while a rejection may lead to a pullback.

Ethereum is trading at $2,255.04 in April 2026, up 7.09% on the monthly chart. The price tested and held the ascending support trendline connecting major lows since 2019. The monthly MACD histogram turned positive, signaling improving momentum. Analysts predict a 3x-4x increase in the next six months with a supply squeeze on exchanges.

South Korean financial regulators have fined Coinone and suspended its business for three months due to anti-money laundering failures. Coinone is facing a 5.2 billion won fine for not verifying 70,000 user identities and processing transactions with unregistered foreign platforms despite warnings. This is part of a larger effort to tighten oversight of cryptocurrency exchanges…

The U.S. initiated a naval blockade of Iranian ports to prevent extortion of the global community. President Trump warned of destroying Iranian vessels attempting to breach the blockade. Commercial ships can still transit the Strait of Hormuz. The blockade resulted from failed nuclear negotiations and has led to increased oil prices.

The American Bankers Association has warned that allowing stablecoins to offer interest could lead to a significant exodus of deposits from traditional banks, potentially shifting funds from smaller banks to larger institutions. Industry discussions are ongoing regarding a Senate bill on crypto oversight, with stablecoin yield restrictions being a key point of debate.

A federal compensation program funded by seized assets is now open for victims of the OneCoin fraud, allowing them to apply for reimbursement. The Justice Department has set aside $40 million to compensate investors who lost money in the Ponzi scheme, which defrauded millions of people of billions of dollars.

The Digital Asset Market Clarity Act is making progress in the U.S. Senate with bipartisan support for stablecoin regulations. Negotiators are close to finalizing provisions on illicit finance rules for decentralized finance and ethics restrictions for senior government officials, with hopes for a durable compromise on stablecoin yield.

Former CFTC Chairman Chris Giancarlo is retiring from his legal practice to focus on advising fintech and cryptocurrency startups. Known as “Crypto Dad,” Giancarlo played a key role in launching the first Bitcoin futures markets. He plans to provide guidance on navigating the digital economy while advocating for regulatory modernization.

Senator Thom Tillis is set to release a draft agreement this week to settle the dispute between banks and digital asset firms over stablecoin interest payments. The proposed Clarity Act aims to regulate the crypto sector and address concerns about deposit drains. The bill faces challenges in the Senate committees before a final vote.

Nigel Farage is being investigated by the Financial Conduct Authority for his involvement with cryptocurrency firm Stack BTC. Concerns have been raised about potential market abuse and conflict of interest as Farage has a stake in the company. This comes as the UK government tightens rules on cryptocurrency donations to political parties.