Summary
gm, Bitcoin fell below $80,000 and Ethereum dropped to $1,538 amid broader market concerns. Cypherpunk Jameson Lopp warned about Bitcoin address poisoning attacks, highlighting the need for improved wallet interfaces and user vigilance. Nearly 400,000 FTX exchange users risk losing $2.5 billion in crypto repayments due to incomplete KYC verification, with the deadline extended to June 1, 2025. Meanwhile, billionaire investor Bill Ackman speculated that President Trump might delay the implementation of proposed tariffs set for April 7, citing insufficient time for negotiations, which could impact market sentiment and trading strategies in the coming days.

News Headlines
🖥️ Meta's Llama 4 AI Model Puts US Back in Lead of AI Race

  • Meta has launched its Llama 4 AI model, claiming significant advancements that position the United States at the forefront of the global AI race.
  • Meta's Llama 4 Scout and Llama 4 Maverick models feature 17 billion active parameters and are touted as the best in their class for multimodality.

📈 Bitcoin Hashrate Tops 1 Zetahash in Historic First

  • The Bitcoin network hashrate surpassed 1 Zetahash per second (ZH/s) for the first time in its 16-year history on April 5, peaking at 1.025 ZH/s.
  • This milestone signifies a massive increase from January 2016 when the hashrate reached 1 Exahash per second.

🚀 Cathie Wood's ARK Buys Over $13M Worth of Coinbase Shares

  • ARK Investment Management recently purchased more than $13 million worth of shares in Coinbase amid a market downturn.
  • This strategic acquisition showcases ARK's confidence in the cryptocurrency exchange's long-term potential.

🌐 Stablecoins Viewed as Best Way to Ensure US Dollar Dominance

  • Stablecoins are increasingly viewed as essential for maintaining the US dollar's dominance as the global reserve currency.
  • Dollar-pegged stablecoins are seen as an effective tool for enhancing the dollar's demand globally, especially among countries facing economic instability.

🍔 FAT Brands Embraces Bitcoin for Franchise Payments

  • FAT Brands, parent company of restaurant chains like Fatburger and Johnny Rockets, now allows franchisees to use Bitcoin for royalty payments.
  • This decision reinforces the firm's commitment to financial and technological innovation.

Market Metrics

Fundraising & VC
No fundraising data today.

On-chain Data
1. Tensor (TNSR) token unlock in 1 day ($13.62M, 33.42%)
2. Core DAO (CORE) token unlock in 1 day ($3.54M, 0.91%)
3. Maverick Protocol (MAV) token unlock in 2 days ($2.60M, 10.11%)
4. Moca Network (moca) token unlock in 4 days ($15.62M, 10.76%)

Regulatory
🏦 CFPB Likely to Step Back from Crypto Regulation

  • The Consumer Financial Protection Bureau (CFPB) is expected to have a diminished role in cryptocurrency regulation.
  • Other federal entities like the SEC and state-level regulators are taking the lead in setting crypto policy.

💵 Stablecoins Viewed as Essential for US Dollar Dominance

  • Stablecoins are increasingly seen as crucial for maintaining the US dollar's global reserve currency status.
  • Dollar-pegged stablecoins could enhance the dollar's demand globally, especially in economically unstable countries.

🚨 Bitcoin Address Poisoning Attacks on the Rise

  • Jameson Lopp warns of Bitcoin address poisoning attacks, a social engineering scam targeting Bitcoin holders.
  • These attacks involve fraudsters generating BTC addresses similar to those in a victim's transaction history.

🔒 Bitcoin Developer Proposes Hard Fork to Protect Against Quantum Computing Threats

  • A Bitcoin developer has suggested implementing a hard fork to safeguard Bitcoin against potential threats posed by quantum computing.
  • The proposed solution involves modifying Bitcoin's protocol to adopt quantum-resistant cryptographic methods.

Technical Analysis
Bitcoin - Bitcoin is in a falling trend channel in the short term. This signals increasing pessimism among investors and indicates further decline for Bitcoin. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the currency has resistance at 80000 points. RSI is below 30 after the falling prices of the past weeks. The currency has strong negative momentum and further decline is indicated. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The RSI curve shows a falling trend, which supports the negative trend. The currency is overall assessed as technically negative for the short term.

Ethereum - Ethereum shows weak development in a falling trend channel in the short term. Falling trends indicate that the currency experiences negative development and falling buy interest among investors. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the currency has resistance at 1900 points. RSI is below 30 after the falling prices of the past weeks. The currency has strong negative momentum and further decline is indicated. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The currency is overall assessed as technically negative for the short term.

Governance & Code
👻 Aave DAO | Aave Liquidity Committee Funding Phase VI
- This proposal suggests allocating 3.5 million GHO from the Prime instance to the Aave Liquidity Committee (ALC) for Phase VI of its funding operations.

🌐 ENS DAO | ENS Public Goods Working Group Funding Request (April 2025)
- This proposal requests 521,000 USDC to support the Public Goods Working Group through the next scheduled funding cycle in October 2025.