X Head of Product Nikita Bier suggested the platform may launch a new crypto-related product after describing a difficult year for the industry. Bier did not identify the product or provide a launch schedule.
Former CFTC Chairman Chris Giancarlo said he plans to leave Willkie Farr & Gallagher to focus on advisory work in the cryptocurrency sector. Giancarlo said he will advise the boards of digital asset companies and conduct policy research.
BitMart will list ANDURILUSDT, KALSHIUSDT, and POLYMARKETUSDT perpetual contracts with up to 10x leverage. Trading is scheduled to begin on April 14, 2026 at 15:00 UTC+8.
CoinGlass data shows total open interest in Nasdaq 100 Index ETF (QQQ) contracts across platforms reached $11.1726 million. Bitget ranked first with 36.37%, followed by Binance with 23.42%.
Former CFTC Chair Giancarlo Leaves Law to Advise Crypto Firms Full Time
Former CFTC chair Chris Giancarlo said he is leaving Willkie Farr & Gallagher and retiring from law to advise crypto and fintech firms full time. Giancarlo said he will focus on advising founders, CEOs, and boards in digital assets while continuing policy research, writing, and non-profit work.
Bitcoin climbed to just below $75,000 as hopes of a US-Iran deal helped drive $530 million in crypto liquidations over the past 24 hours. CoinGlass data shows 177,000 traders were liquidated, and about 80% of the total came from leveraged short positions in Bitcoin and Ether. Ether rose 7.5% to $2,380, while Bitcoin later pulled back to $74,290.
X product lead Nikita Bier said the crypto market has had a tough year and suggested a new project could help improve conditions. Nikita Bier made the comment in a post on X.
Vance Calls Iran’s Hormuz Closure ‘Economic Terrorism,’ Backs U.S. Port Blockade
U.S. Vice President Vance called Iran’s closure of the Strait of Hormuz "economic terrorism" and defended a reciprocal U.S. blockade of Iranian ports. Vance said Iran had threatened all ships passing through the strait and warned that no Iranian ship would be allowed to leave if Iran pursued that strategy.
Circle founder and CEO Jeremy Allaire said Arc Network is exploring a token to support governance, incentives, and economic alignment. Allaire said the token could help Arc Network gradually transition to a PoS system. Allaire said Circle hopes to share more details soon.
Binance will delist all BAR, PIVX, and XVG margin pairs at 6:00 a.m. UTC on April 17. The change covers every margin trading pair tied to the three tokens.
Circle is exploring a native token for Arc, its layer-1 chain optimized for stablecoins. CEO Jeremy Allaire said the token could be used for governance and incentives.
Bybit launched 44 new stock CFDs and lets users trade U.S. stocks using BTC and ETH as collateral. The lineup includes BlackRock's Bitcoin Spot ETF IBIT, ASTS, PSX, Manchester United MANU, and sector ETFs such as XLE, LIT, and URA.
South Korea Orders Coinone Partial Suspension, $3.5M Fine: Reports
South Korea's Financial Intelligence Unit reportedly fined Coinone 5.2 billion won ($3.5 million) and imposed a three-month partial business suspension over anti-money laundering lapses. The regulator alleged Coinone failed to verify user identities in about 70,000 cases and processed more than 10,000 transactions with 16 unregistered foreign exchanges. The suspension blocks new customers from depositing or withdrawing funds, and Coinone has 10 days to dispute the action before the FIU finalizes the penalties.
Trump Says U.S. Blockade on Iranian Ports Could Cost Iran $435M a Day
Trump said the United States ordered destroyers to the Persian Gulf to blockade traffic entering and leaving Iranian ports, a move that Miad Maleki estimated could cost Iran about $435 million per day. Trump said the blockade aims to cut off Iran's oil exports and energy revenue. Trump also said the U.S. Navy is using the ceasefire period to clear mines and establish safe passage for international escort missions. Trump said the United States would enforce passage by military force and bar Iranian-flagged ships if Iran does not open the strait to all vessels.
Daniel Moreno-Gama was charged with attempted murder after the attack on Sam Altman's home last week. Federal prosecutors also charged Moreno-Gama with attempting to use explosives to damage property and illegally possessing an unregistered firearm.
Binance will introduce its Spot Price Range Execution Rule on April 15 for spot pairs. The mechanism will limit executions to a set price band and will automatically expire market orders outside that range.
Binance hat sieben Token—FARM, HIGH, MLN, RESOLV, SYS, TRU und VELODROME—zu seiner Überwachungsliste hinzugefügt, was bedeutet, dass sie möglicherweise von der Liste gestrichen werden. Binance sagte auch, dass der Seed-Tag von Tether Gold (XAUT) entfernt wird.
BTC led the reported 24-hour crypto futures liquidations with $228.96 million, followed by ETH at $135.63 million and RAVE at $41.62 million. The reported liquidations were mostly short positions, with 95.1% for BTC, 84.53% for ETH, and 73.19% for RAVE.