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A surge of $2.7 billion in Bitcoin futures buying pressure was observed on Binance immediately following the announcement of a ceasefire between the U.S. and Iran, CryptoQuant reported. On-chain analyst Darkfost specified that the $2.7 billion in market buy orders appeared within the first two hours of the news.

Adam Back, CEO of the Bitcoin-focused financial infrastructure developer Blockstream, has denied that he is Satoshi Nakamoto, refuting a report by The New York Times. The denial follows an article by investigative journalist John Carreyrou that identified Back as the probable anonymous creator of Bitcoin. Through a post on X, Back acknowledged his involvement in the cypherpunk movement since 1992 and his research into ideas similar to Bitcoin, but dismissed the evidence presented by Carreyrou as coincidental. He specifically addressed the linguistic analysis in the article, arguing that it was a case of confirmation bias. Back pointed out that he had written approximately 20 times more than others in relevant discussions, meaning his writing was statistically more likely to be exposed, and claimed that any analysis failing to account for this was flawed. Back concluded by emphasizing that Satoshi's continued anonymity is a positive for the Bitcoin ecosystem, as it helps the asset be perceived as a scarce digital resource rather than the creation of a single individual.

The emergence of quantum computers will be a catalyst for technological evolution rather than an existential threat to Bitcoin, according to an analysis by Bernstein. In a recent report, the firm stated that the risk is not existential or new and is not limited to cryptocurrencies, DL News reported. Previously, Google researchers projected that quantum computers could theoretically break the encryption used by assets like Bitcoin in a short amount of time. In response, Bitcoin and Ethereum developers are pursuing quantum resistance through the BIP360 proposal and network upgrade roadmaps, respectively. Chaincode Labs has warned that a delayed response could leave up to 50% of all Bitcoin, valued at around $900 billion, vulnerable. However, Coinkite CEO Rodolfo Novak emphasized that while there is no short-term threat, the upgrade itself will take years, making it necessary for the community to begin preparations.

A potential ban on crypto firms paying interest to customers holding stablecoins would not have a meaningful impact on community banks, according to a recent report from the U.S. White House Council of Economic Advisers (CEA), as reported by Bloomberg. The CEA stated that such a ban would only lead to a minor increase in traditional bank lending, estimated at around $2.1 billion, or 0.02%. It noted that this increase would largely be concentrated among major banks rather than community ones. The council concluded that the measure would be largely ineffective in protecting banks and could result in consumers losing out on competitive returns. This issue is a point of contention between the banking and crypto industries amid ongoing debates in the U.S. Congress over a market structure bill known as the Clarity Act.

The spot Cumulative Volume Delta (CVD) chart provides an order book analysis for the BTC/USDT spot pair. The upper section shows the Volume Heatmap, while the lower section displays the CVD. - The Volume Heatmap at the top tracks trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences a significant move. These brighter areas may act as potential support or resistance levels. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

The Trump administration is expected to significantly slash its budget request related to the war in Iran, The Washington Post (WP) reported.

The first ships have passed through the Strait of Hormuz since the ceasefire agreement between the U.S. and Iran, according to ship-tracking site MarineTraffic. The Greek-flagged bulk carrier NJ Earth transited the strait at 8:44 a.m. UTC today. Earlier, the Liberian-flagged Daytona Beach departed the port of Bandar Abbas at 5:28 a.m. UTC and passed through the strait at 6:59 a.m. UTC. MarineTraffic data shows hundreds of vessels remain in the area, including 426 oil tankers, 34 LPG carriers, and 19 LNG carriers.

SBI Ripple Asia, a joint venture between Japanese financial giant SBI Holdings and Ripple (XRP), announced on April 7 that it has completed the development of a token issuance system based on the XRP Ledger (XRPL). According to SBI, the project's core objective is to build financial infrastructure that implements external prepaid payment instruments as tokens on a public chain, in compliance with the current Payment Services Act. The system allows for the issuance and management of tokens on the blockchain through API integration with applications and websites. The company also noted that the system completed its regulatory registration as a third-party prepaid payment instrument issuer on March 26, 2026.

U.S. Vice President JD Vance warned that Iran will face corresponding consequences if it fails to negotiate in good faith or violates its agreements. He added that President Donald Trump's patience on the Iran issue has run out, and that Iran will realize the president is not an easy opponent if it fails to implement the agreement sincerely.

The Iranian Navy notified ships anchored near the Strait of Hormuz this morning that its permission is still required for passage, The Wall Street Journal reported. A recording shared by a sailor captured a radio broadcast stating that all vessels must obtain authorization from the Islamic Revolutionary Guard Corps (IRGC) Navy to transit the strait. The message warned that any ship attempting to pass without permission would be destroyed. President Trump had previously announced an agreement to halt military action against Iran for two weeks on the condition that the strait be reopened "completely, immediately, and safely." The Iranian government has signaled its intent to maintain control over the waterway. According to photos and videos from sailors, fighter jets are still flying over the Persian Gulf, and most ships remain anchored.

Long-term Bitcoin investors now hold approximately 4.41 million BTC, equivalent to 21% of the total supply, according to on-chain data. Bitcoin Archive, a specialized X account with around 1.8 million followers, noted that with this amount held by long-term investors, the quantity of available Bitcoin continues to decrease.

Shiba Inu (SHIB), the second-largest memecoin by market capitalization, is trading approximately 93% below its 2021 all-time high, The Crypto Basic has pointed out. The outlet noted that while the community chanted "SHIB to the moon" when the token hit its peak of $0.00008854 in October 2021, the situation is now starkly different. Nearly five years later, the report states that all investors who have purchased SHIB within that timeframe are currently at a loss. The Crypto Basic explained that while SHIB is a community-driven memecoin, its massive supply, numbering in the hundreds of trillions, is a significant obstacle. The report added that the token's lack of clear utility is expected to prolong its price recovery, leading to growing skepticism among holders.

Binance founder Changpeng Zhao (CZ) explained in his autobiography why the exchange held onto its LUNA holdings during the Terra ecosystem's collapse, Wu Blockchain reported on X. Binance, which had invested $3 million in LUNA in 2018, saw its position grow to a peak value of $1.6 billion. According to CZ, the exchange discussed selling its holdings during the crash but ultimately decided against it. He cited concerns that a large sell-off could exacerbate market panic and would be difficult to execute smoothly amid the rapid price decline. CZ added that he did not want to create the perception that Binance had exited its position ahead of retail investors.

Japanese Prime Minister Sanae Takaichi held a 25-minute phone call with Iranian President Masoud Pezeshkian on April 8, following the recent ceasefire agreement between Iran and the U.S., NHK reported. In a subsequent statement, Takaichi said they discussed the agreement and efforts to de-escalate tensions in the Middle East. She also requested that Iran guarantee the safety of all vessels passing through the Strait of Hormuz and expressed hope for a swift final resolution through diplomatic channels.

New York Times investigative reporter John Carreyrou has argued that Blockstream CEO Adam Back is likely Bitcoin creator Satoshi Nakamoto. Carreyrou based his claim on two points: Back had proposed core concepts like Proof-of-Work (PoW) a decade before Bitcoin's creation, and he is the only individual whose distinct writing style and linguistic habits match Satoshi's. The reporter noted that confirming Satoshi's identity is urgent, as a sudden sell-off of the estimated 1.1 million BTC held by the creator could trigger a market collapse. However, Carreyrou admitted he has not yet secured definitive proof, adding that the only way for the real Satoshi to prove his identity is to move coins using the private keys from an early wallet.

Cryptocurrency infrastructure provider Alchemy has launched AgentPay, a tool designed to facilitate communication between AI payment systems, CoinDesk reported. The new tool aims to solve interoperability issues among different agent-based payment systems by providing a unified environment to manage various protocols.

Oman's Minister of Transport has announced that the country has signed all relevant maritime transport agreements, which stipulate that no fees will be charged for passage through the Strait of Hormuz.

According to data from Coinglass, a drop in BTC's price to $71,246 would trigger the liquidation of $29.51 million in long positions on major centralized exchanges. Conversely, a move above $71,764 would liquidate $1.2 million in short positions.

Top 5 Gainers (24h) - K: $0.0024 (+85.83%) with $4.37 million in volume - DRIFT: $0.0388 (+46.94%) with $33.33 million in volume - L3: $0.0169 (+30.26%) with $17.37 million in volume - RSC: $0.0818 (+28.62%) with $1.43 million in volume - ORDER: $0.0656 (+22.36%) with $44.11 million in volume Top 5 Losers (24h) - KERNEL: $0.0905 (-15.58%) with $40.92 million in volume - DUCK: $0.00022 (-11.03%) with $804,110 in volume - SKYAI: $0.0654 (-10.56%) with $14.03 million in volume - RLS: $0.003 (-10.15%) with $6.05 million in volume - CORN: $0.036 (-9.87%) with $6.36 million in volume

South Korean crypto exchange Coinone has received a preliminary notice from financial authorities of a potential three-month partial suspension of its business operations for violating anti-money laundering (AML) obligations, ZDNet Korea reported. The final level of the sanctions is expected to be decided by the Sanctions Review Committee on April 13. Some industry sources predict the final fine could be between 8 billion and 13 billion won (around $5.8 million to $9.4 million).

Concerns are growing in the DeFi market after World Liberty Financial (WLFI) borrowed over $50 million in USD1 from Dolomite, a lending platform within its own ecosystem, BeInCrypto reported. The move has raised alarms about potential withdrawal freezes for users. The WLFI Treasury wallet took out a loan of 50.44 million USD1, collateralized by approximately 3 billion WLFI tokens. This action pushed the lending pool's utilization rate above 100%, turning the platform's liquidity negative and effectively depleting its funds. As a result, Dolomite users who deposited USD1 to earn a 35% yield may be unable to withdraw their assets until the large borrowing position is resolved. The current lending rate on the platform is 30%, with all funds having been borrowed by World Liberty Financial. Some observers have pointed out that if the price of the WLFI token were to fall sharply, the over-collateralized position could face liquidation, spreading risk throughout the entire liquidity pool.

South Korea's ruling Democratic Party is advancing a plan to permit real-world assets (RWAs) only on the condition that they are held in a trust, while managing stablecoins as a means of payment under the Foreign Exchange Transactions Act, the Seoul Economic Daily reported. The proposal is part of an integrated 'Digital Asset Basic Act' drafted by the party's Digital Asset Task Force. A special provision within the bill, Article 112, would require any entity issuing digital assets linked to real-world assets to store the underlying assets in a managed trust compliant with the Capital Markets Act. For stablecoins, the plan outlines the application of foreign exchange regulations. Article 124 of the proposed act stipulates that when value-stable digital assets are used in foreign exchange transactions, they will be considered a means of payment under the Foreign Exchange Transactions Act. Consequently, businesses handling such assets would fall under the supervision of foreign exchange authorities without needing separate registration. The bill also includes an exemption, waiving foreign exchange reporting requirements for payments for goods and services made within a specified range.

Iranian Parliament Speaker Mohammad Bagher Qalibaf will lead a delegation to visit Pakistan, according to Iranian media. The U.S. representative for the negotiations is Vice President Vance.

Pundi X (PUNDIX) announced it will partner with autonomous AI agent layer project Fromm.io to build a financial infrastructure for AI agents. Pundi AI will provide a data and model access layer, enabling developers, users, and intelligent agents to perform tasks and create real-world AI-based services. Fromm.io will contribute an economic layer to support micro-payments, escrow, and automated settlements between agents and users.

Jiang Zhuoer, founder of the Chinese Bitcoin mining pool BTC.top, announced on X that he has opened a short position on Ethereum (ETH) at an average entry price of $2,242. He stated that U.S. President Donald Trump has ruined the situation. Jiang believes the conflict will likely end with Iran maintaining control of the Strait of Hormuz through tolls, an outcome the U.S. will tacitly accept, drawing a parallel to the past Suez Canal crisis. He added that the bear market cycle is not over and that market rebounds driven by such events are opportunities to increase short positions, while noting there is a low probability of war breaking out again.