The Crypto Basic

#Bitcoin is struggling around a familiar resistance level, as earlier bullish momentum has faded, but the chances of forging ahead remain.
Bitcoin is showing a familiar bullish signal, and the past few days have proved this. The largest cryptocurrency by market cap has demonstrated resilience lately, overcoming early-month setbacks to regain higher prices.
On Tuesday, it rallied to a high of $76,100, its highest price since early February. From the lows of $65,692 this month, this reflected a 15.8% price growth. Currently, BTC has retained just 8.45% of that, as its price has pulled back considerably from the high.
Bitcoin Price Analysis
Yesterday’s intraday high saw Bitcoin (BTC) reclaim a familiar resistance level: the $75,000 mark. It surged past this supply zone to $76,100 but failed to close above it on the daily chart. The selling pressure around the area proved too strong for bulls, pulling the asset’s price to a close at $74,164.

Meanwhile, this is not the first time Bitcoin has failed in its attempt to break this resistance. The premier asset also reached $76,000 on March 17 but met a similar supply wall, forcing an even larger correction than yesterday, down to $73,920.
Stalling at the exact $75,000 resistance not only suggests the market is not yet ready for higher prices but also reemphasizes its importance. The strength gathered after last month’s rejection was not enough to breach the stronghold resistance, putting Bitcoin at risk of dropping lower again.
Interestingly, Bitcoin was not up against this familiar resistance alone but also the 100-day simple moving average (SMA). This dynamic indicator sits at $94,935, joining forces with the usual supply wall around the zone to frustrate bulls.
Failing to clear this resistance puts the Bitcoin price at risk of falling back into the $68,000-$65,000 price range, with the 50-day MA at $69,680 serving as potential support.
$85,000 Still in Sight
Nonetheless, the chances of Bitcoin rallying higher remain. The crypto leader continues to hold the micro support level at $72,000, as identified by analyst Michael van de Poppe. Notably, BTC trades at $74,036 at the time of writing.
Holding $72,000 allows Bitcoin to build the momentum to break the $75,000 resistance. When it closes above the area with strong volume, it could target much higher prices.
Van de Poppe identified the $80,000-$85,000 range as the possible target, claiming it could happen before the end of April. The move would see BTC reclaim levels not seen since late January.
Meanwhile, daily RSI stands at 60.74, indicating that there is still room for further upside before entering the overbought territory above 75. The MACD also signals bullish momentum, with large green histograms not hinting at an imminent price reversal. Additionally, the MACD line at 1,201.91 is well above the signal line at 590.84, supporting bullish price action.
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Latest Market Updates: As of 14th April 2026.
Ethereum briefly approached the $2,400 mark before pulling back, setting off sharply contrasting moves among large investors.
At the local peak, Billy Luedtke, CEO of Intuition, moved to lock in gains. He sold 3,285 ETH at $2,372.24, securing roughly $7.79 million, according to Arkham Intelligence.
Meanwhile, this sale was part of a broader exit strategy that began on March 8, during which he offloaded 8,771 ETH worth $19.14 million at an average price of $2,182.
At the same time, another large wallet (0x455…A433E) pivoted away from Ethereum, rotating capital into Bitcoin. The holder swapped 2,831 WETH for 90.46 WBTC in a transaction valued at $6.74 million.

This exchange was based on a conversion rate of $74,607 per Bitcoin. Consequently, the move signals a shift in near-term preference toward Bitcoin.
In contrast, whale investor nemorino.eth leaned further into Ethereum. The wallet accumulated 1,347.37 ETH at an average price of $2,226.54, committing approximately $3 million. Notably, this purchase reflects a bullish stance on Ethereum’s potential upside despite recent volatility.
HSBC Tests Tokenized Deposits on Blockchain
Meanwhile, HSBC advanced its blockchain initiatives by completing a pilot for tokenized deposits on the Canton Network.
Specifically, the trial simulated core financial operations, including the issuance, transfer, and settlement of tokenized deposits. It also tested atomic settlement alongside digital assets. HSBC’s Global Payments Solutions division led the initiative.
Notably, this marks the bank’s first use of tokenized deposits on a public blockchain. The pilot aimed to demonstrate interoperability between different settlement systems, an essential requirement for scaling digital financial infrastructure.
Building on this effort, HSBC highlighted its Tokenized Deposit Service, which allows clients to convert fiat currencies into digital assets for instant transfer within the network.
The system supports multiple currencies, including USD, EUR, GBP, SGD, and HKD. It is designed to enable continuous, real-time settlement and programmable payments.

Adam Back Rejects Satoshi Nakamoto Claims
In a separate development, early Bitcoin contributor Adam Back pushed back against renewed speculation about his identity in an interview with Bloomberg Podcasts, firmly denying claims that he is Satoshi Nakamoto.
Back supported his stance with several technical arguments. He noted that, had he created Bitcoin, he would have used different privacy techniques and avoided certain formatting errors found in early code. He also pointed to IRC chat logs showing him asking others about Bitcoin’s mechanics, behavior inconsistent with that of its creator.
His comments come in response to a report published a week earlier by The New York Times, which suggested he could be behind Bitcoin, reigniting debate within the crypto community.

U.S. Lawmakers Revise Crypto Tax Proposal
On the regulatory front, U.S. lawmakers have reintroduced a revised version of the Digital Asset PARITY Act, signaling a shift in how crypto transactions may be taxed.
The updated draft removes the previously proposed $200 exemption for stablecoin transactions. Instead, it introduces a rule under which gains or losses are not recognized unless a stablecoin’s value falls below 99% of its redemption value.
Additionally, the proposal extends wash sale rules to digital assets and clarifies the distinction between passive staking and active trading.
#CryptoNewsFlash

#Shiba Inu may struggle to recover in the short term after failing to hold above a dynamic support level that has cushioned weak prices for over a month.
Shiba Inu (SHIB) dropped 3.3% on Sunday to completely give back all its earlier gains last week. The drop saw the meme coin post its first weekly red candle in three weeks, signaling that momentum has shifted. But there is more to this that Shiba Inu holders should be wary of.
Key Points
On the daily timeframe, Shiba Inu broke below an ascending trendline support amid the recent downtrend, bringing fresh pressure on its price.This dynamic demand zone has cushioned prices since March 8, when SHIB reached an intraday low of $0.00000523.Additionally, SHIB had a bearish engulfing candle on the weekly chart.All indications point lower, with $0.00000520 as the next stronghold.Despite the downturn, SHIB remains within parallel channel that started forming in March, which could be the last line of support.
Shiba Inu Loses Support
On the daily timeframe, Shiba Inu broke below an ascending trendline support, bringing fresh pressure on its price. This dynamic demand zone has cushioned prices since March 8, when SHIB reached an intraday low of $0.00000523.

This marked its lowest price since the February 6 crash to $0.0000050, but whales stepped in and defended this support area. Ever since, the token has developed atop this ascending trendline support until yesterday.
Following the over 3% dip, SHIB broke below this trendline to close at $0.00000577. The breach was not a fake-out or a small wick below the support; it was a decisive breakdown with a long-bodied candlestick, signaling clear directional conviction.
Bearish Implications for SHIB
Breaking below this support level leaves SHIB vulnerable. The token has made a series of higher lows above this trendline, keeping hopes of a rebound alive. However, with the convincing breakdown, the meme coin could experience a significant decline.
Additionally, SHIB had a bearish engulfing on the weekly chart. Its 3.8% decline last week engulfed the prior week’s green candle, signaling that bears have regained control of the market.
With no bullish divergence or any positive indications, it does not look good for Shiba Inu. Trading volume is also dwindling, signaling that market participants have adopted a cautious stance as the asset dipped. Taken together, all indications point lower, with the $0.00000520 support being the next stronghold. Breaking this takes SHIB back to the February 6 lows.
Shiba Inu Range Still Holds—Last Line of Defense?
Meanwhile, despite the downturn, SHIB remains within parallel channel that started forming on March 11. This channel has served as both support and resistance for the token as it shuffles between the upper and lower price ranges.

The downtrend brought SHIB to the lower support band of this range, but not below it. This could be the last line of defense for Shiba Inu, and breaching it could further confirm a bearish shift.
#CryptoNewsFlash

Latest Market Updates: As of 13th April 2026.
Justin Sun Accuses WLFI of Contract Manipulation
A major controversy has emerged between Justin Sun and the Trump-linked crypto project WLFI, setting the tone for today’s market developments.
In a post on X, Sun alleges that the platform embedded a hidden blacklist function within its smart contract, which was used to freeze his wallet in September 2025 without prior notice.
As WLFI’s largest investor, Sun has raised broader concerns about the project’s governance. Specifically, he claims that voting mechanisms were structured to justify freezing investor assets. In addition, he alleges that the team extracted undisclosed fees and misused community funds. Sun further describes the operation as functioning like a “personal ATM.”
Data from Bubblemaps indicates that Sun’s frozen holdings total roughly 545 million WLFI tokens, which have declined by more than $80 million in value since the freeze.
However, WLFI has strongly denied the allegations, calling them unfounded and accusing Sun of misconduct. The project has also signaled potential legal action, suggesting the dispute could escalate into court proceedings.

XRP Sentiment Falls Into Extreme Fear Zone
While the WLFI dispute dominates headlines, XRP is experiencing a sharp rise in negative sentiment.
Data from Santiment shows that fear, uncertainty, and doubt (FUD) surrounding XRP have reached their third-highest level in two years. In a recent post on X, Santiment noted that such extreme bearish sentiment has historically preceded market rebounds.
At present, XRP is trading at $1.33, down 63.6% from its July 2025 high of $3.65, according to CoinGecko. This prolonged downturn appears to have driven many retail investors out of the market, potentially creating conditions for a sentiment-driven recovery.

Alameda Research Moves $16M SOL for Potential Creditor Repayments
In parallel, developments tied to the FTX bankruptcy continue to unfold. 
Alameda Research has unstaked and transferred approximately $16 million worth of Solana (SOL) tokens to a wallet associated with creditor repayments, according to data from Arkham Intelligence.
This follows a similar transaction about a month ago, reinforcing a pattern of unstaking and reallocating funds. While there has been no official confirmation of imminent payouts, the repeated activity suggests that the repayment process remains active.
Aave DAO Approves $25M Funding Plan for Aave Labs
Amid these developments, decentralized finance continues to push forward. 
The Aave DAO has approved a major funding package for Aave Labs under its “Aave Will Win” initiative, with nearly 75% of voters supporting the proposal. The plan allocates $25 million in stablecoins over 12 months, along with 75,000 AAVE tokens that will vest over four years.
This dual-structure approach aims to sustain operations while aligning long-term incentives. Notably, this vote addresses only the funding component, with additional proposals related to product expansion and ecosystem growth expected in future governance rounds.
Michael Saylor Outlines Bitcoin-Backed Dividend Strategy
Rounding out today’s updates, Michael Saylor has outlined a strategy linking dividend sustainability to Bitcoin’s long-term growth.
In a post on X, Saylor suggested that an annual increase of just 2.05% in Bitcoin’s value could allow MicroStrategy to sustain dividend payments indefinitely. Company data indicates that current reserves could cover dividends for approximately 48.7 years.

MicroStrategy currently holds 766,970 BTC, acquired at an average price of $75,648, with total holdings valued near $54.58 billion. Its preferred stock, STRC, offers an annual yield of 11.5%, trades near its $100 par value, and pays dividends monthly.
Importantly, proceeds from these issuances are reinvested into Bitcoin, reinforcing the company’s long-term accumulation strategy.
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#Shiba Inu is at a market level where smart money often finds it compelling to buy, with strong fundamentals backing a breakout soon.
Notably, the prominent meme coin’s price has recently consolidated within a range, with its next direction seemingly uncertain. While Shiba Inu remains bearish in the short term, technical and fundamental catalysts point to a potential price breakout.
Key Points
Shiba Inu is at a classic accumulation zone, with earlier rapid price fluctuations replaced by a series of short candlesticks.Typically, accumulation zones are areas of interest for smart money.The token has held key support areas, confirming that momentum is building for an impulsive directional move.The RSI remained neutral at 50.28, the daily chart’s MACD has also flattened, and volume has thinned.Breaching the $0.0000060 resistance with strong volume is a high-conviction setup for further upside.
Shiba Inu Holds Support
Analyst Whale Scan noted that Shiba Inu is at a classic accumulation zone. Price volatility has dropped, with earlier rapid price fluctuations replaced by a series of short candlesticks. The token has also consolidated within a price range and has held key support areas, confirming that momentum is building for a subsequent impulsive directional move.
The commentator spotlighted the $0.00000564-$0.00000550 support as crucial, noting that SHIB’s trend above it is positive. While the meme coin has struggled to clear the resistance above $0.0000060, it has remained above support, maintaining the possibility of attempting higher prices in the near term.
Typically, accumulation zones are areas of interest for smart money, offering outsized risk-reward when prices eventually break out. As a result, the analyst claimed that “dip buyers” are loading up SHIB at the current zone in anticipation of the next big move.
Interestingly, on-chain data backs this accumulation narrative, as exchange outflow has increased by a staggering 40.5% in the past 24 hours to 321 billion tokens. This means that after removing deposits from withdrawals across exchanges, a staggering 321 billion SHIB, worth $1.9 million, left these trading platforms to self-custody addresses for long-term holding.

Indicator Overview
The analysis also provided an update on the current trend of key market technical indicators. For context, the relative strength index (RSI) remained neutral, trending between 47 and 52. At the time of writing, it specifically stands at 50.28, leaving room for both upward and downward price action before reaching extreme conditions.
The daily chart’s MACD has also flattened, indicating that the market is nearing a standstill. Although the analyst noted it was bearish, the histogram showed short green bars, indicating it was slightly bullish.

On the other hand, Shiba Inu’s trading volume has thinned, suggesting reduced market participation. This is actually typical of markets in consolidation, as users apply caution while closely monitoring for the start of the next move. Notably, CoinMarketCap shows a 21% increase in 24-hour trading volume to $130 million, but the figure remains well below prior levels.
Shiba Inu Ecosystem Boosts
Furthermore, burn rates have spiked 156% in the past 24 hours, supporting the accumulation zone. 4,101,455 tokens have been incinerated during this period, further driving scarcity for the meme coin.
According to the analyst, the combination of rising burn rate and Shibarium upgrades is driving bullish sentiment across the Shiba Inu ecosystem. These factors would contribute to the projected breakout to higher prices.
Key Levels to Watch
With the support still holding strong and buying pressure increasing, Whales Scan highlighted key resistance levels to watch if an accumulation zone breakout occurs. Per the analysis, breaching $0.0000060 with strong volume is a high-conviction setup for further upsides.
This move opens the way for price rallies to $0.00000650 and $0.00000720, representing 9.7% and 21.6% increases from the current market price of $0.00000592. However, a break below $0.00000550 invalidates this move and poses downward risk for SHIB.
#CryptoNewsFlash

A long-term #XRP chart pattern is drawing renewed attention, with a breakout from a multi-year consolidation structure sparking optimism.
Notably, XRP is currently testing a key breakout level that could shape the next phase. As such, a successful retest event would ignite an explosive move, potentially pushing prices to unprecedented levels.
Key Points
XRP has just secretly handed enthusiasts the “breakout of the decade” after moving above a long-term symmetrical triangle.The triangle has been forming since the January 2018 peak near $3.35 before XRP broke out in November 2024.Notably, the current setup shows XRP retesting the breakout.The next step after a successful retest is a sustained price expansion, potentially targeting $21.
XRP Breakout from Long-Term Structure
ChartNerd, a widely followed technical analyst, identified this trend in a recent X post. In the analysis, he claimed that XRP has just secretly handed enthusiasts the “breakout of the decade,” citing the asset’s move above a long-term structure.
The accompanying chart shows a large symmetrical triangle that formed over several years before XRP broke out in late 2024. The triangle started taking shape after XRP dropped from the January 2018 peak near $3.35, forming lower highs and higher lows until November 2024, when the Donald Trump-inspired rally forced a breakout.

A strong rally followed this move, eventually peaking at the all-time high of $3.66 in July 2025. Since then, XRP has entered a pullback phase, with price now hovering near the upper region of the former triangle.
Breakout Structure Now Faces Critical Retest
The current setup shows XRP retesting the breakout zone. This area previously acted as a resistance before the breakout, and how the altcoin handles this phase is critical.
Moreover, the structure resembles earlier formations seen in previous cycles. A smaller, symmetrical triangle formed between 2013 and 2017, with the XRP price compressing within it before breaking higher.
In that cycle, it retested the structure’s neckline, and a successful event confirmed the breakout. Consequently, a stronger upward move followed, pulling XRP to the January 2018 high of $3.35.
Currently, XRP is trading at $1.34, up 1.7% in the past seven days. According to the chart, the triangle’s neckline lies near $0.85. This suggests that prices could drop lower to meet this support, aligning with an outlook from CasiTrades. It bears mentioning that XRP does not need to fully touch the symmetrical triangle’s neckline to complete a retest.
XRP Target After Retest
ChartNerd noted that the sequence is clear: a compression within a triangle, followed by a breakout, a retest, and then a sustained move higher. This shows that the next step after a successful retest is a sustained price expansion.
If XRP finds support at the current level and begins to build momentum, it could target unprecedented prices as outlined in the chart. This could see the coin rally to $21, representing a 1,467% increase from the current market price.
Conversely, failure to hold the retest zone would weaken the setup and introduce the possibility of a deeper correction.
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#Cardano is deep in the macro corrective phase, but history shows that this period has usually preceded a turning point for the altcoin.
Indeed, Cardano (ADA) is navigating a prolonged correction, with the price dropping sharply from its peak. The altcoin reached its all-time high of $3.10 in September 2021, but its current price of $0.25 represents a 91.9% decline from that peak.
During this period, sentiments turn negative and interest fades. However, ADA’s price action is now approaching a critical demand zone that could shape its next major move. Despite continued pressure on lower timeframes, the broader structure suggests a possible base is forming if key levels remain intact.
Key Points
Cardano (ADA) is navigating a prolonged correction, with its price dropping 91.9% from the peak of $3.10.On the daily chart, an accompanying chart shows that a descending resistance trendline continues to cap upward movement.While price action appears bearish, higher timeframes show potential accumulation for Cardano.Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing.Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.A decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside.
Cardano Price Declines from Prior Highs
An analysis from CoinCodex discussed Cardano’s current price trend and what could happen next. Currently, its price behavior reflects a sustained downtrend, with ADA consistently forming lower highs and lower lows over several months.
After peaking at $1.019 in August 2025, the coin has steadily dropped, recording declines in every month since. It has fallen by 75% from that peak, demonstrating the strong bear dominance that characterizes bear markets. This type of structure has weighed heavily on sentiment, gradually eroding confidence as repeated recovery attempts have stalled.
Cardano Still Under Pressure on Lower Timeframe
On the daily timeframe, the accompanying chart shows that a descending resistance trendline continues to cap upward movement, reinforcing the bearish tone in the short term. At the same time, technical indicators on the daily chart remain weak.

Momentum has yet to shift decisively, and moving averages continue to slope downward, suggesting that sellers still hold control for now. For context, ADA has failed to decisively break above the 50 MA, currently at $0.26, with attempts earlier in the week failing. It also remains well below the 100 MA at $0.30, reinforcing the bearish structure.
However, while price action appears bearish, zooming out to higher timeframes shows potential accumulation for Cardano. Moreover, its market cap is not in free fall but rather within a range, indicating strength.
Another positive is the recent ADA classification as a digital commodity. Specifically, the US SEC added Cardano to this category, alongside 16 other cryptocurrencies, a move that confirms its legitimacy.
Key Zone That Could Decide Next ADA Move
Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing. Historically, this range has attracted buying pressure, making it a critical area to watch. Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.
The accompanying chart shows that holding this support and breaking above the descending resistance opens the way for Cardano to retest the next major resistance around $1.01. This aligns with the 0.236 Fibonacci level and represents a 304% increase from the current market price.
Conversely, a decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside. As such, how ADA reacts to this zone would likely determine whether it stabilizes or extends its correction.
#CryptonewswithJack

Treasury Secretary Scott Bessent has urged the Senate to accelerate action on the long-delayed Digital Asset Market Clarity Act and send it to the president’s desk without further delay. 
In a recent WSJ op-ed, he warned that the United States could fall behind in financial innovation if lawmakers fail to establish clear rules for the rapidly expanding digital asset sector.
Key Points 
Treasury Secretary Scott Bessent has urged the U.S. Senate Banking Committee to hold a markup session and advance the Digital Asset Market Clarity Act. He emphasized that the bill should move quickly through the Senate and reach Donald Trump’s desk for final approval. Bessent noted that digital assets have grown beyond an experimental stage and now play a major role in global finance, with one in six Americans owning some form of crypto. Lawmakers are expected to resume sessions after the Easter break, with a potential markup session later this month that could move the Clarity Act to a full Senate debate.
US Must Act Quickly to Keep Financial Innovation
In a tweet today, Bessent reiterated the arguments from his recent op-ed, emphasizing the urgent need to advance the Clarity Act. He noted that the U.S. Congress has spent much of the past decade debating an appropriate regulatory framework for digital assets. 
However, despite years of discussion, lawmakers have yet to finalize legislation governing the broader crypto industry. As a result, Bessent argued that the Clarity Act could deliver the regulatory certainty needed to keep financial innovation within the U.S., rather than pushing it offshore. 
Therefore, he stressed that Congress must act quickly to preserve the country’s leadership in global finance as digital assets move into the mainstream. 

“It Is Time to Advance the Clarity Act to Trump’s Desk”
Bessent also pointed out that cryptocurrencies and blockchain technology now influence payments and settlement systems, and the tokenization of real-world assets. 
Per his analysis, the global digital asset market cap continues to fluctuate between $2 trillion and $3 trillion, with roughly one in six Americans owning some form of crypto. Consequently, he argued that the industry has grown far beyond its early experimental phase.
Given this momentum, Bessent said the U.S. Senate Banking Committee should immediately hold a markup session on the Clarity Act and move the legislation forward to the president’s desk. 
He emphasized that Senate floor time is limited and warned that further delays could leave the United States without the regulatory framework needed to compete in the next phase of global finance.
Banking Committee Markup Still on Hold
For context, the bill passed the U.S. House of Representatives in July 2025 and was later sent to the Senate that year. However, progress stalled in the Senate Banking Committee after disagreements emerged over whether stablecoins should be allowed to offer yield.
The current Senate draft reportedly bans stablecoin yields, a position supported by traditional banking groups. In contrast, several industry participants, including Coinbase, oppose the restriction.
Nevertheless, reports from Crypto in America suggest that banking and crypto stakeholders may have reached a compromise. The report cited comments from Coinbase CLO Paul Grewal, although lawmakers have not yet released full details because Congress remains on Easter recess.
Lawmakers are expected to resume sessions next week. At that point, the Banking Committee could resolve the remaining issues, including the DeFi requirement and token classification, before holding a markup session later this month. 
If the committee advances the bill, it could proceed to the full Senate for debate and a potential vote, bringing the United States closer to its first comprehensive crypto regulatory framework.
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Bitcoin Likely Found Bottom Near $60K, Says Michael Saylor
#Bitcoin could have already established a local bottom near $60,000, according to Michael Saylor.

Speaking at a Mizuho investor event, he emphasized that market bottoms typically form when forced sellers are exhausted rather than when confidence returns.
In particular, Saylor attributed the recent downturn to liquidations among over-leveraged miners and weaker market participants, which intensified selling pressure.
Looking ahead, Saylor also downplayed concerns around quantum computing. He described the risk as distant and manageable, noting that Bitcoin’s open-source structure would allow timely upgrades if threats begin to materialize.
$285M Drift Protocol Hack Triggers Legal Probe
In a separate development, the U.S. law firm Gibbs Mura has opened a class action inquiry following the April 1 breach of Drift Protocol.
The exploit is estimated to have caused losses of approximately $280–$285 million. Investigators are now also examining potential claims involving Circle Internet Financial, after more than $230 million in USDC was reportedly routed through its cross-chain infrastructure without being frozen.
Blockchain analytics firm Elliptic has further linked the attack to a suspected North Korean threat actor group.
Following the incident, Drift’s total value locked (TVL) fell sharply from about $550 million to below $250 million, while its native token declined by more than 40%. In addition, over 20 DeFi protocols have reported indirect exposure to the broader fallout.
JPYC Stablecoin Gains Traction, Polygon Dominates Volume
Meanwhile, Japan’s yen-backed stablecoin JPYC is gaining traction, signaling growing demand for localized digital currencies.
The token, issued by JPYC Inc. in October 2025, has generated $137 million in trading volume over the past six months. During this period, Polygon dominates usage, accounting for 66% of activity ($90.4 million), while Avalanche and Ethereum follow.
Polygon co-founder Sandeep Nailwal highlighted the milestone in a recent X post.

U.S. Treasury Pushes for Clear Crypto Rules
On the policy front, U.S. Treasury Secretary Scott Bessent is pressing Congress to advance a comprehensive crypto framework, referred to as the Clarity Act.
In an op-ed for The Wall Street Journal, he warned that regulatory uncertainty is driving crypto firms offshore.
Specifically, he pointed to jurisdictions like Abu Dhabi and Singapore as more attractive alternatives due to clearer frameworks, cautioning that the U.S. risks losing both innovation and capital without decisive policy action.
Exodus Movement Expands Crypto Holdings in Q1
Elsewhere, Exodus Movement, a U.S.-listed self-custody cryptocurrency company, reported steady growth in its crypto holdings for Q1 2026. 
By the end of March, the company held 628 BTC, reflecting a net addition of 18 BTC.
At the same time, its Ethereum holdings increased to 1,857 ETH, while Solana holdings reached 17,541 SOL. During the period, the firm added 17 ETH and 1,847 SOL, thereby signaling steady accumulation across major assets.
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