News

Key Takeaways
JD Vance is leading high-stakes talks with Iran in Islamabad.Negotiations aim to stabilize the ceasefire and end the conflict.Talks are indirect and mediated by Pakistan amid deep mistrust.Key issues include Strait of Hormuz, sanctions, and nuclear program.
Talks Officially Underway
Discussions involving the United States and Iran have officially begun in Islamabad, with JD Vance heading the US delegation.
The negotiations are part of a broader effort to extend a fragile ceasefire and potentially move toward a longer-term resolution of the conflict.
Pakistan Acting as Mediator
The talks are being hosted and mediated by Pakistan, which has played a central role in facilitating communication between both sides.
Meetings are taking place under tight security conditionsDelegations are engaging through indirect channels, though direct talks may occurPakistani officials are coordinating between both sides to push toward progress 
High-Stakes Agenda
Key topics under discussion include:
Reopening the Strait of Hormuz (critical for global oil supply)Potential sanctions relief for IranLimits on Iran’s nuclear programBroader regional stability and ceasefire enforcement 
Tensions and Mistrust Remain High
Despite the start of talks, major disagreements persist:
Iran has set conditions, including halting certain military actionsThe US has maintained a firm stance and warned against delaysBoth sides remain cautious, reflecting deep geopolitical mistrust 

On April 11, U.S. President Donald Trump made a statement on the Truth platform, asserting significant military actions against Iran. According to BlockBeats, Trump declared that the U.S. has completely destroyed Iran's military, including its navy and air force, along with other assets. He further mentioned that the leadership in Iran is finished and the Strait of Hormuz is about to open, with empty ships heading to the U.S. to load cargo.

Key Takeaways
Bitcoin breaks key bearish pattern, reclaiming $72K–$73K levels.Technical setup points to $80K–$87K upside range.Onchain resistance expected near $78K–$82K.Market sentiment improving, with rising odds of $80K in April.
Bitcoin Breakout Signals Shift in Momentum
Bitcoin has strengthened its bullish outlook after breaking above a previously forming bearish pennant pattern.
The breakout above $70,000 was supported by rising trading volume, pushing BTC to above $73,000 and signaling renewed market conviction.
Price has also reclaimed key technical levels:
20-day EMA50-day EMA200-week EMA
This combination suggests a trend reversal in favor of bulls.

Technical Structure Points to $80K–$87K
Bitcoin is now forming a symmetrical triangle breakout, a pattern that often leads to strong directional moves.
Based on technical projections:
Short-term target: $75,000 (next resistance)Mid-range target: $80,000Extended target: ~$87,000 (measured move)
Additionally, RSI divergence indicates building bullish momentum over the past two months.

Onchain Data Highlights Key Resistance Zone
Despite bullish momentum, onchain data suggests upside may face resistance:
$78,000–$80,000: Short-term holder cost basis$82,000–$85,000: High supply zone (~1.3M BTC accumulated)
According to Glassnode, this range could trigger selling pressure from investors exiting at breakeven.

Supply Gap Supports Faster Price Movement
Between $72,000 and $82,000, onchain data shows a relatively thin supply zone.
This implies:
Less resistance in the short termPotential for faster price movement upwardIncreased volatility if momentum continues

Market Sentiment Turns More Bullish
Prediction market data reflects improving sentiment:
$80K target probability rising (~26%)Strong conviction for $75K (~76%)Declining expectations for downside scenarios
This shift suggests traders are increasingly positioning for upside.

Path to $80K Depends on Momentum
Bitcoin’s path toward $80,000 in April depends on several factors:
Bullish drivers:
Sustained breakout above $73KContinued ETF and institutional inflowsStable macro conditions
Risks:
Rejection at $75K resistanceSelling pressure near $78K–$82KMacro volatility (inflation, geopolitics)
Bitcoin is entering a critical phase where technical breakout, improving sentiment, and favorable onchain structure align.
If momentum holds, $80,000 is a realistic near-term target, though strong resistance levels above may determine whether the rally extends further or stalls.

Key Takeaways
Bitwise Asset Management files second amendment for Hyperliquid ETF.Proposed ticker BHYP and 0.67% fee signal potential near-term launch.Competing filings from Grayscale Investments and 21Shares.Hyperliquid ecosystem shows strong growth, with rising trading volume and token performance.
Bitwise Updates Filing, Signals ETF Launch Readiness
Bitwise Asset Management has taken another step toward launching a spot Hyperliquid ETF by submitting a second amended filing with the U.S. Securities and Exchange Commission.
The updated filing includes:
Proposed ticker: BHYPManagement fee: 0.67%
According to Bloomberg ETF analyst Eric Balchunas, such details are typically added shortly before a product launch, indicating the ETF could go live soon.
Race Intensifies for First Hyperliquid ETF
Bitwise is competing with other asset managers seeking to launch the first ETF tied to Hyperliquid:
Grayscale Investments21Shares
Bitwise was the first to file in September, followed by 21Shares in October and Grayscale in March.
If approved, the ETF is expected to trade on NYSE Arca, offering investors exposure to the spot price of Hyperliquid.
Staking Feature Could Differentiate Product
Earlier filings indicate that Bitwise’s ETF may include staking-based yield generation, a feature not explicitly outlined by competing issuers.
This could provide:
Additional returns beyond price exposureDifferentiation in a growing ETF marketIncreased appeal to yield-seeking investors
Hyperliquid Ecosystem Gains Momentum
The ETF push comes as Hyperliquid’s native token HYPE continues to gain traction:
Up ~65% year-to-date in 2026Up ~180% over the past 12 monthsQ1 trading volume reached ~$492.7 billion
The protocol is emerging as a major player in decentralized derivatives trading.
Expanding Crypto ETF Market
The potential launch of a Hyperliquid ETF reflects a broader expansion of crypto investment products beyond Bitcoin and Ethereum.
Key implications:
Increasing institutional access to alternative crypto assetsGrowing competition among ETF issuersInnovation in product structures, including staking yields
If approved, the BHYP ETF could mark a new phase in crypto ETFs, bringing DeFi-linked assets into regulated investment vehicles.

Key Takeaways
XRP shows oversold RSI at multi-month lows, historically linked to rebounds.Onchain data (MVRV Z-score) signals accumulation zone.Critical support lies at $1.25–$1.30.Upside targets range from $1.45 to $1.70+, if support holds.
Technical Indicators Point to Possible Bottom
XRP has been in a prolonged downtrend for roughly eight months, but key technical signals now suggest a potential reversal.
The XRP/BTC relative strength index (RSI) has dropped to 24, marking its most oversold level since October 2025.
Historically, similar RSI levels have preceded:
65% to 345% rallies against BitcoinStrong recovery phases following extended downtrends

Historical Support Zone Holds Again
XRP/BTC is currently trading within a long-term consolidation range that has previously acted as a launchpad for major rallies.
Past examples:
June 2025: Led to a 61% gain vs BTC and a 92% XRP price rallyMultiple previous cycles show this zone aligning with macro bottoms
This reinforces the importance of the current price region.

Onchain Data Signals Accumulation Phase
Onchain metrics further support a bottoming narrative:
MVRV Z-score near zero → indicates holders are near breakevenReduced selling pressureHistorically aligned with accumulation zones
Previous instances (2021, 2022, 2024) saw similar conditions followed by strong rallies.
Additionally:
The 0.80 MVRV pricing band (~$1.14) aligns with recent lowsSuggests XRP may be undervalued at current levels

Key Support Zone: $1.25–$1.30
The most critical level for XRP remains:
Primary support: $1.25–$1.30Strong buyer concentration (~1.73B XRP accumulated here)
If this zone holds:
Short-term bounce toward $1.45 possibleBroader recovery toward $1.70+ remains in play

Downside Risk if Support Breaks
If XRP loses key support:
Next support: $1.15 (near 200-week moving average)Breakdown scenario: potential drop toward $0.80 (~40% downside)
This makes the current range a decisive battleground for bulls and bears.

Recovery Depends on Holding Support
XRP is showing early signs of a potential bottom, supported by both technical and onchain indicators.
However, confirmation depends on:
Holding the $1.25–$1.30 support zoneReclaiming higher resistance levelsBroader market conditions
If these align, XRP could transition from consolidation into a new recovery phase, but failure to hold support would invalidate the bullish setup.

OpenAI founder Sam Altman has expressed understanding of societal fears regarding the rapid development of artificial intelligence. According to Odaily, Altman acknowledged that the current period is marked by significant technological change, with associated risks escalating to systemic challenges at the societal level. He emphasized that AI power should not be concentrated in a few institutions and advocated for broader distribution through technological democratization and institutional constraints.

Addressing a recent incident where his residence was targeted with a Molotov cocktail, Altman admitted to underestimating the impact of public narratives and emotions amid AI-related anxieties. He also acknowledged mistakes in company governance and conflict management, offering apologies for past actions. Furthermore, Altman reiterated his decision to reject Elon Musk's attempts to control OpenAI, ensuring the company's independent development.

Previously, it was reported that the OpenAI founder's residence was attacked with a Molotov cocktail.

The U.S. military's initial strike on Iran involved the use of PrSM missiles targeting multiple civilian sites in Fars Province, resulting in numerous casualties. According to Odaily, American media and military experts have further verified these claims through analysis of additional images and videos. The U.S. Central Command has denied using PrSM missiles on a sports facility, suggesting the weapons seen in related videos resemble Iran's 'Khwaveezer' missiles. However, a report by The New York Times on the 10th, supported by military experts, confirms that the U.S. military not only targeted the sports facility with PrSM missiles but also attacked a school and two residential areas. These sites are located less than 300 meters from an Islamic Revolutionary Guard Corps facility in Iran.

Arthur Hayes has highlighted concerns regarding the approximately $1.8 trillion private credit market, suggesting that stress within this sector could necessitate a liquidity intervention by the Federal Reserve. According to NS3.AI, Hayes noted that regulators are currently scrutinizing the exposure of banks and insurance companies as the sector faces rising redemptions and an increase in non-performing loans.

Retail investors have shifted to net selling U.S. stocks for the first time since November 2025. According to NS3.AI, the net put option premium reached a record $275 million over the past five days. Global Markets Investor reported that retail stock purchases have decreased by approximately 70% from January highs, despite the S&P 500 recovering nearly all of its war-driven losses.

The World Bank President has indicated that ongoing conflicts are projected to increase inflation by as much as 300 basis points. According to Jin10, the president warned that if the conflicts persist, inflation could rise significantly higher. This statement highlights the potential economic impact of prolonged geopolitical tensions on global markets.

Key Takeaways
US CPI rose 0.9% MoM, 3.3% YoY, slightly below expectations.Energy surge (gasoline +21%) remains the main inflation driver.Federal Reserve expected to hold rates in April (98.4%).Bitcoin briefly climbed toward $73K, with $80K target still in play.
Inflation Cools Slightly but Remains Elevated
Data from the U.S. Bureau of Labor Statistics showed March CPI rising:
+0.9% month-on-month+3.3% year-on-year
While the reading came in slightly below expectations, inflation remains well above the Federal Reserve’s 2% target, keeping pressure on policymakers.

Energy Prices Drive Inflation Spike
The increase was largely driven by energy:
Energy index surged ~11%Gasoline prices jumped 21.2%
These gains reflect the impact of geopolitical tensions involving the US, Iran, and Israel, which continue to influence global oil markets.
Fed Still Expected to Hold Rates
Despite softer-than-expected CPI, markets see no imminent policy easing.
According to CME data:
98.4% probability of no rate change in April0% probability of a rate cut
The Federal Reserve remains cautious due to:
Persistent inflation risksGeopolitical uncertaintyPotential second-round inflation effects
Bitcoin Reacts Positively to CPI Data
Bitcoin rose over 1.5%, briefly testing the $73,000 level following the CPI release.
The move reflects:
Relief over no inflation surpriseContinued expectation of stable monetary policyOngoing institutional demand

$80K Remains Key Upside Target
Analysts point to the $73K–$75K range as the next resistance zone.
If Bitcoin clears this level:
Short-term consolidation may followA move toward $80,000 becomes increasingly likely
Some projections suggest that favorable regulatory developments could push BTC toward $100K longer-term, though macro conditions remain a key variable.
Stable Policy, Volatile Macro
Markets are entering a delicate phase:
Inflation remains elevated but not accelerating sharplyFed policy is stable but not easingGeopolitical risks continue to drive energy prices
For crypto, this means:
Short-term support from stable ratesMedium-term uncertainty from macro factors
Bitcoin’s next move will likely depend on whether it can break resistance and sustain momentum amid a still-fragile macro environment.

The Ethereum Foundation has successfully sold 5,000 ETH, according to Foresight News. The sale resulted in 11.1 million DAI, with an average selling price of $2,221 per ETH.

On April 11, Pyth announced the official launch of its Pyth Data Marketplace. According to BlockBeats, the marketplace has gained the backing of six major financial institutions as data providers. These institutions include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. Previously, these organizations primarily distributed data through traditional suppliers and proprietary terminals.

The Pyth Data Marketplace allows institutions to distribute proprietary data, such as macroeconomic indicators, over-the-counter pricing, and foreign exchange benchmarks, while retaining ownership, pricing rights, and attribution.

Most Wall Street analysts anticipate that the stock price of Michael Saylor's company, MSTR, will more than double this year. According to Odaily, the majority of analysts maintain a buy rating, describing it as one of the most undervalued companies globally.

Michael Saylor's Strategy has reportedly acquired 3,468 BTC through STRC today. According to Bitcoin Magazine and Odaily, this purchase aligns with the company's ongoing investment strategy in the cryptocurrency market. The acquisition reflects a continued interest in expanding their digital asset holdings.

Bitcoin analyst Killa has noted that in previous Bitcoin cycles, each concluded with a final decline marked by a capitulation bottom. According to Odaily, the peak in the current cycle occurred earlier than in past cycles. If history repeats itself, Bitcoin may experience another downturn before establishing a true bottom.

Grayscale has revised its list of assets under consideration for the second quarter, reducing it from 36 to 30. According to NS3.AI, the company has expanded its focus on the AI sector, increasing the number of projects in this area to 10. Meanwhile, assets such as Aptos, Arbitrum, BNB, and Polkadot have been removed from the list.

Negotiations between the United States and Iran, initially planned for a single day, might be extended by an additional day. According to NS3.AI, Tasnim News Agency reported that a decision regarding the extension has not yet been finalized.

Credit investors are increasingly eyeing opportunities in the Middle East as the ongoing conflict in Iran disrupts lending markets. Bloomberg posted on X that this situation may present a chance for fund managers prepared to navigate geopolitical risks. The war has led to significant shifts in the region's financial landscape, prompting investors to reassess their strategies and explore new avenues for growth. As tensions continue, the potential for lucrative investments in the Middle East remains a focal point for those willing to engage with the complexities of the geopolitical environment.

OpenAI has identified a security issue related to the third-party developer library Axios, which is part of a broader industry event. According to Jin10, the company stated that there is no evidence of OpenAI user data being accessed, system breaches, or software tampering. As a precautionary measure, OpenAI is taking steps to secure the authentication process for its macOS application to ensure it is recognized as a legitimate OpenAI app. The company is updating its security certification, requiring all macOS users to update their OpenAI applications to the latest version. OpenAI believes this will help mitigate any risks, however small, of distributing counterfeit applications posing as OpenAI.

NASA has confirmed the safe return of the Artemis II spacecraft to Earth. According to Odaily, the mission marks a significant milestone in the ongoing exploration efforts. The successful completion of this mission paves the way for future endeavors in space exploration.

On April 11, U.S. President Donald Trump expressed his concerns on the Truth platform regarding fertilizer prices in the context of Iran's fight for freedom. According to BlockBeats, Trump emphasized that the United States will not tolerate price gouging by fertilizer monopolies. He assured American farmers of his support in this matter.

Agricultural fertilizers are among the key products imported by the United States through the Hormuz Strait.

On April 11, the open interest in Chicago Mercantile Exchange (CME) Bitcoin futures fell to $8.41 billion, marking its lowest level in 14 months. According to BlockBeats, Glassnode analysts attribute this decline primarily to the unwinding of basis trades. Previously, this strategy involved establishing long positions through spot ETFs and hedging with short futures to earn the spread. However, the annualized returns have recently dropped from 15%-20% to around 5%, prompting institutions to take profits.
Additionally, the daily trading volume of CME Bitcoin futures has decreased to below $3 billion. Analysts suggest that as institutional demand shifts towards directly holding spot assets, the leverage in the futures market is significantly decreasing.

On April 11, several United Nations agency leaders called for an end to the widespread impunity for violations of international law in the Middle East. According to BlockBeats, world leaders expressed their shock at the ongoing disregard for the rules of war and international humanitarian law in the region. The joint statement emphasized that even in warfare, there are rules that must be respected.

The statement highlighted that just last month, thousands of civilians were killed or injured in the Middle East, with hundreds of thousands displaced, many forced to relocate multiple times. The leaders urged all parties, including UN member states and armed groups, to respect their legal obligations to protect civilians, humanitarian personnel, and civilian infrastructure. They stressed that all violations must be held accountable.

On April 11, Jin10 reported that the Bank of England plans to discuss the impact of Anthropic's newly launched AI model with financial institutions. According to Jin10, UK regulators are joining their counterparts in the US and other countries in warning about the risks posed by this tool. Anthropic's Mythos model will be included in the agenda for the Bank of England's upcoming 'Cross-Market Operational Resilience Group' and 'CMORG AI Special Task Force' meetings, scheduled to take place within the next two weeks. The Federal Reserve and the Treasury Department have already held emergency meetings on this issue, and the Bank of Canada convened a meeting with banks and financial companies last Friday to discuss the cybersecurity risks associated with Mythos. These meetings reflect growing concerns among regulators that a new type of cyberattack is becoming one of the biggest risks facing the financial industry.

Ron Hammond, head of policy at Wintermute, has estimated a 30% likelihood that the CLARITY crypto market structure bill will be approved this year. According to NS3.AI, Hammond identified the primary challenge as opposition from the banking sector regarding stablecoins that offer interest.

Heart South has announced that approximately 46,666 individuals may have been affected by a data breach, with patient information from its network appearing on the dark web. According to NS3.AI, the company has been unable to verify if any specific individual's data was compromised. Notifications regarding the potential breach began being distributed in April 2026.

Bitcoin's realized capitalization has seen a notable improvement, according to Darkfost. The metric increased from -$28.7 billion at the end of February to -$3 billion, as stablecoin capitalization decreased from over $6 billion to -$1 billion. This shift indicates a capital rotation back into Bitcoin. According to NS3.AI, Michaël van de Poppe noted that speculators are currently net long on Bitcoin, suggesting that BTC could potentially reach $80,000–$85,000. However, he warned that the current setup suggests volatility rather than a guaranteed breakout.

According to Odaily, U.S. senior officials have stated that there have been no threats received regarding Iranian attacks on vessels. This information was reported by AXIOS.

U.S. Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent held an urgent meeting with Wall Street leaders this week to address AI-driven cyber risks associated with Anthropic's Mythos model. According to NS3.AI, Anthropic reported that Mythos identified thousands of high-severity vulnerabilities and has restricted access through its Project Glasswing initiative. This meeting follows actions by U.S. agencies to limit the government's use of Anthropic products.

Hermes Agent now offers native support for personal WeChat accounts, allowing users to connect easily via QR code for use in private and group chats. According to Foresight News, the adapter utilizes Tencent's official iLink Bot API, enabling comprehensive coverage of images, videos, files, and voice messages, ensuring convenient long-polling direct connections without the need for a public IP. Users can experience this by running 'hermes update'. The adapter employs Tencent's official iLink Bot API rather than reverse engineering protocols or unofficial clients. For users concerned about account bans, it is recommended to test using secondary accounts.

The Israeli Defense Forces announced on April 11 that they have conducted airstrikes on more than 200 targets in Lebanon over the past day. According to BlockBeats, all targets were associated with the Iran-backed terrorist organization Hezbollah. Video footage released shows a building exploding after an aerial attack, while another video captures a similar scene from a distance. The Israeli Defense Forces did not provide further details regarding these videos.

The military stated that its air force continues to target infrastructure linked to Hezbollah. Additionally, the forces are assisting ground troops in southern Lebanon to combat launch sites and prevent artillery fire aimed at Israeli citizens.

An analyst @ai_9684xtpa posted on X that a significant investor, identified by the wallet address 0x0EA225f92408532403FbFE5357d5d94676F34a54, exited their position in Wrapped Bitcoin (WBTC) just 15 hours after entering. The investor initially purchased WBTC at a cost of $72,720.78, investing a total of $4.7 million. However, four hours ago, they sold 64.7 WBTC at $72,536, incurring a loss of $12,000.

Bitcoin has emerged as the leader in social dominance with a ranking of 32.7%. According to NS3.AI, Ethereum has taken the lead in AI search rankings, securing an 11% share. These rankings highlight the ongoing interest and engagement in the cryptocurrency market, with Bitcoin and Ethereum maintaining significant influence in their respective areas.

Iran and the United States have transitioned their negotiations to a working-level expert consultation phase, as reported by an Iranian source. According to NS3.AI, members of the Iranian delegation's expert committee have traveled to the venue to participate in the discussions.

On April 11, U.S. President Donald Trump announced on his Truth platform that numerous empty oil tankers, including some of the world's largest, are currently en route to the United States. According to BlockBeats, these tankers are carrying some of the highest quality oil and natural gas globally. Trump emphasized that the U.S. oil reserves surpass the combined reserves of the second and third largest oil-producing countries, both in quantity and quality. He invited attention to this development, urging prompt action.

Iran has reported the movement of a U.S. destroyer from the UAE's Fujairah Port towards the Strait of Hormuz on the 11th. According to Odaily, the Iranian armed forces closely monitored the vessel's movements and promptly informed the Iranian delegation engaged in talks in Pakistan. The delegation, through a Pakistani mediator, conveyed Iran's position to the U.S., issuing a clear warning to the destroyer: if it continued to approach the Strait of Hormuz, it would face an attack within 30 minutes, and ongoing negotiations would be affected. Following Iran's firm response and the timely warning from the negotiation team, the U.S. ordered the destroyer to halt its advance and turn back.

Bitdeer, a Nasdaq-listed cryptocurrency mining company, has sold all 165 Bitcoin it mined this week. According to NS3.AI, the company is adhering to its strategy of maintaining zero Bitcoin holdings. This approach reflects Bitdeer's ongoing commitment to liquidating its mined assets immediately, rather than holding onto them for potential future gains. The decision aligns with the company's financial strategy and market outlook.

The ongoing conflict in the Middle East and increasing crude oil prices are influencing the cryptocurrency market through interest-rate and risk channels. According to NS3.AI, these developments are contributing to bear market pressures. Additionally, Hong Kong's stablecoin licensing, disputes over prediction market rules, and Hyperliquid's crude oil trading are emerging as significant themes in the current market landscape.