Crypto World
AI Assistants could Transform Governance: Buterin
Ethereum co-founder Vitalik Buterin says artificial intelligence could help create more efficient decentralized governance models and enable users to make better-informed decisions.
Buterin said in an X post on Sunday that one of the main issues with democratic and decentralized modes of governance, like DAOs, is the “limits to human attention,” because of the many decisions that can require a wide range of expertise or time, which most don’t have.
“The usual solution, delegation, is disempowering it leads to a small group of delegates controlling decision-making while their supporters, after they hit the delegate button, have no influence at all,” he said.

It’s estimated that average participation rates in DAOs are between 15% and 25%. This can lead to issues such as the centralization of power and ineffective decision-making. Worst-case scenarios can result in governance attacks, where a bad actor acquires enough tokens to pass a damaging proposal without other members noticing.
AI-powered assistants that vote for you
Buterin proposes that personal assistant large language models (LLMs) could help solve the “attention problem” by providing users with the relevant information needed for a vote.
“If a governance mechanism depends on you to make a large number of decisions, a personal agent can perform all the necessary votes for you, based on preferences that it infers from your personal writing, conversation history, direct statements,” he said.
“If the agent is unsure how you would vote on an issue, and convinced the issue is important, then it should ask you directly, and give you all relevant context,” Buterin added.
Lane Rettig, a researcher at the Near Foundation specializing in AI and governance, told Cointelegraph last year the non-profit was working on a similar idea: AI-powered digital twins that vote on behalf of DAO members to address low voter participation.
Privacy an important aspect to preserve
Another challenge in highly decentralized governance arises when key decisions depend on private or sensitive information, such as during negotiations, internal disputes, or funding choices, according to Buterin.
Related: Vitalik Buterin floats simulated transactions to enhance crypto security
“Typically, orgs solve this by appointing individuals who have great power to take on those tasks,” he said.
He added that an alternative solution could be users submitting their “personal LLM into a black box, the LLM sees private info, it makes a judgment based on that, and it outputs only that judgment. You don’t see the private info, and no one else sees the contents of your personal LLM.”
“All of these approaches involve each participant making use of much more information about themselves, and potentially submitting much larger-sized inputs. Hence, it becomes all the more important to protect privacy,” Buterin said.
Magazine: IronClaw rivals OpenClaw, Olas launches bots for Polymarket — AI Eye
Crypto World
Fundstrat’s Tom Lee says ‘the bottom is in’ for stocks, paving a bull case for bitcoin, ether
Fundstrat co-founder Tom Lee is calling the bottom on the stock market, a prediction that, if correct, would flow directly into bitcoin , ether (ETH) and the broader crypto market given how the asset classes tend to correlate.
The macro strategist said that the Iran ceasefire meant “the bottom is in” for the stock market, and that a break above the S&P 500’s 200-day moving average at 6,617 would trigger “a decisive move higher,” in a CNBC appearance on Wednesday.
E-mini futures were already trading at 6,820 by Thursday morning, well past his trigger.
Lee’s framework rests on two points. First, stocks rose from mid-March through early April even as oil climbed from $87 to $116 and the war escalated. The S&P 500 moved from 6,300 to 6,600 while conditions were getting worse, meaning equities were absorbing war risk without breaking.
Second, the ceasefire is what he calls a “positive rate of change inflection.” Even if the truce is not definitive, the shift from escalation to de-escalation produced a 2.5% equity rally, a 15% oil crash, and VIX below 20 in one session.
An observation,
Point 1: stocks higher on bad news 📰
– from mid-March, $oil rose from $87 to $116
– S&P 500 $SPY rise from 6,300 to 6,600
– stocks rose even as Iran war progress worsePoint 2: positive inflection ‘rate of change’ 📈
– yesterday proposed ceasefire
– is a… https://t.co/D4NG4JWCJP— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) April 8, 2026
Bitcoin and the broader crypto market are direct beneficiaries of a bottom in equities.
BTC’s surge past $72,000 late on Wednesday came alongside S&P 500 futures jumping 1.9%. Every major risk-on move since the war began has been a cross-asset trade where stocks, metals and crypto move in concert on the same geopolitical catalyst.
A sustained equity recovery doesn’t just help crypto sentiment, but removes the macro headwind that has kept bitcoin pinned in a $65,000 to $73,000 range for six weeks.
The onchain setup supports the timing. Bitcoin’s realized price sits at $54,286, 21% below its spot price, the closest approach to the metric that historically defines cycle bottoms outside of outright crashes.
The Fear and Greed Index spent the past month in single digits, the most bearish sustained reading since the 2022 bottom. ETF inflows held at roughly 50,000 BTC per month through March despite the extreme sentiment, as CoinDesk reported.
The bull case has additional legs for ether (ETH) specifically. The Ethereum Foundation completed its 70,000 ETH staking target last week, putting $143 million to work generating yield rather than selling into the market, a shift the community had demanded for years.
Spot ether ETF flows flipped positive on Monday with $120 million in inflows, the highest since mid-March. And network fundamentals around tokenization and agentic AI infrastructure continue to build regardless of price action.
Tom Lee is also chairman of Bitmine Immersion Technologies (BMNR), the largest corporate ether holder on earth with 4.8 million ETH worth roughly $10 billion. Bitmine bought 71,252 ETH last week, its biggest single-week purchase since December 2025, and is actively targeting 5% of total ether supply. Every percentage point of ether appreciation adds roughly $100 million to the company’s treasury.
Lee may well be right about the bottom, but he also has one of the largest financial incentives in the industry for the market to agree with him.
That test comes quickly, however. Iran’s parliament said late Wednesday that three clauses of the ceasefire have already been breached. The Strait of Hormuz remains effectively closed, and oil rebounded 2% to $97 on Thursday after Wednesday’s 15% plunge.
If the truce unravels, the bottom call unravels with it and both equities and crypto retest the lows.
Crypto World
Bithumb moves to seize assets over mistaken $8 million bitcoin dispute
South Korean cryptocurrency exchange Bithumb has asked a local court to freeze seven bitcoin , worth roughly $8 million, that remain unreturned after a February payout error. The move escalates a dispute with a small group of users who refused to return the funds.
The exchange said it began a provisional seizure, a pre-lawsuit step that blocks a debtor from moving assets, according to local media. A civil case is expected to follow.
It all began on Feb. 6, when the exchange ran a promotion intended to pay 620,000 won (~$460) to 249 winners. Staff mistakenly entered “BTC” instead of “KRW,” which led to the system crediting each winner with 620,000 bitcoin on Bithumb’s internal ledgers. This was human error that briefly made it look like the exchange had created over $40 billion worth of BTC.
Within minutes, some users sold roughly 1,788 BTC before Bithumb froze accounts, pushing its BTC/KRW price down to the low 80 million won ($54,000) range.
The exchange reversed most entries and recovered the bulk of sold coins, but about 12.3 billion won ($8.3 million) remained outstanding. That figure has since fallen to seven bitcoin after months of outreach.
Legal experts in Korea, per the local reports, say such cases fall under unjust enrichment, meaning recipients must return the assets. If coins were sold, users may need to buy them back at higher prices to repay.
This episode highlights how a human error, combined with the speed and irreversibility of crypto transactions, can turn minor mistakes into multi-million–dollar crises.
Bithumb is the second-largest cryptocurrency exchange in South Korea, according to Coingecko, with a 24-hour trading volume of $388 million, trailing only Upbit, which recorded $788 million over the same period.
Crypto World
Here’s how much bitcoin (BTC) could move on Friday’s U.S. inflation report
The latest U.S. inflation report for March, due Friday, is seen as a vital indicator by several observers, given the backdrop of the Iran war and its inflationary impact.
Yet, the latest activity in the bitcoin market shows that traders do not see it as a major market mover.
“The bitcoin market is currently pricing in just a 2.5% swing in either direction on the back of the inflation data,” Markus Thielen, founder of 10x Research, told CoinDesk in an email. These probabilities are derived from options and derivatives pricing, which reflect traders’ expectations of how much Bitcoin could move over a given time frame.
A 2.5% swing is well within bitcoin’s recent average volatility, indicating that the market isn’t expecting any major directional moves from the inflation data.
The market calm is also evident in the widely tracked 30-day implied volatility, represented by the BVIV index, which has dropped to 46.5%, the lowest since Jan. 31, according to data source TradingView.
This translates to an expected daily move of about 2.9%, which is well below the 30-day average of 3.4%. Implied volatility is determined by demand for options, or hedging bets, and represents traders’ expectations for price swings over a specific period.
The data clearly shows that traders are largely treating Friday’s consumer price index (CPI) release as a non-event. That’s somewhat uncanny, given that the data is likely to offer a glimpse of the inflationary impact of the Iran war, which began in late February.
“Even if the U.S. price figures for March are unlikely to reflect the full extent of the situation, they do provide an initial indication of how strongly the Middle East conflict could be felt in US prices,” Commerzbank said.
It’s worth noting that interest rate markets have largely dialed back expectations for Fed rate cuts this year as the Iran war and the resulting energy price shock have increased inflation risks.
CPI due Friday
The CPI data, scheduled for release on Friday at 8:30 ET, is expected to show that the cost of living rose 3.4% year-on-year in March, a sharp increase from February’s 2.4% reading, according to data source MarketWatch. The core figure, which excludes the volatile food and energy component, is forecast to have increased by 2.7% following March’s 2.5% rise.
The expected sharp upswing is largely due to fuel and energy price spike triggered by the Iran war and the oil price surge. U.S. gasoline prices surged in March 2026, exceeding $4 per gallon nationally for the first time since August 2022.
Several experts believe that macro conditions, particularly inflation data, are the dominant market drivers.
“With the energy shock still feeding through to prices, every inflation print carries asymmetric weight for crypto — a softer read reopens the rate-cut conversation; a hotter one hardens the higher-for-longer narrative further,” Iliya Kalchev, analyst at Nexo, said in an email. Nexo is a digital asset wealth manager with $8 billion in assets under management.
Timothy Misir, head of research, BRN, said that the next leg in bitcoin hinges on Friday’s inflation data and the Fed meeting to be held on April 28-29.
“Those two events will tell the market whether policymakers still think inflation is containable after the oil shock, or whether the war is extending the no-cuts regime,” Misir said in an email.
Long story short: There’s a wide gap between expert expectations and how traders are pricing Friday’s inflation data. Whether markets are right to shrug or the data proves pivotal, Friday will finally show which side has it right.
Crypto World
Palantir (PLTR) Stock Tumbles 6% Following Burry’s Anthropic Competition Warning
Key Takeaways
- PLTR shares declined approximately 6% following Michael Burry’s bubble warning
- The ‘Big Short’ investor argues Anthropic is capturing market share with ARR surging from $9B to $30B
- Palantir’s forward P/E ratio stands at roughly 115x versus a sector median of 21x
- Analyst opinions vary: Rosenblatt maintains $200 Buy; Benchmark expresses valuation worries
- Street consensus remains Moderate Buy with average target of $194.61
The legendary investor from “The Big Short,” Michael Burry, publicly challenged Palantir’s market position on Wednesday through a post on X, declaring the stock potentially overvalued while highlighting Anthropic’s growing dominance in enterprise artificial intelligence.
PLTR shares tumbled approximately 6% during regular trading hours following his remarks. After-hours activity showed some recovery as the stock climbed back toward $141.18 with renewed buying interest.
Palantir Technologies Inc., PLTR
Burry previously revealed a short bet against Palantir in early 2025. His Wednesday commentary escalated his critique, focusing on fundamental shifts in the competitive environment.
“Anthropic is eating Palantir’s lunch,” Burry stated. “That massive boost from $9B to $30B ARR at Anthropic is because Anthropic offers the easier, cheaper, intuitive solution for businesses.”
His argument drew support from Ramp data, referencing a March 2026 study by economist Ara Kharazian. The analysis revealed that nearly 25% of Ramp’s business customers now subscribe to Anthropic services — a dramatic increase from just 4% twelve months earlier.
Burry further emphasized that Anthropic is capturing 73% of incremental enterprise AI expenditures, while the broader AI sector displays zero-sum characteristics, with OpenAI recording its steepest monthly user decline ever.
Premium Pricing Under Scrutiny
With a forward price-to-earnings multiple hovering around 115x, Palantir commands a significant premium over its sector median of 21x and towers above comparable large-cap AI competitors. This valuation disparity has consistently fueled bearish arguments.
Benchmark’s Yi Fu Lee maintains a neutral stance with a Hold rating. His position reflects concerns that current pricing assumes flawless operational performance, leaving limited room for growth deceleration.
Rosenblatt analyst John McPeake takes the opposing view. He stands by his Buy recommendation and $200 valuation target, highlighting forthcoming developments such as the “Golden Dome” missile defense initiative. McPeake projects Palantir’s involvement in this contract could drive billions in revenue through 2028.
Bank of America’s Mariana Perez also retains her Buy stance, characterizing the selloff as a temporary response to news flow. She emphasizes Palantir’s entrenched position within critical government data infrastructure as a sustainable competitive moat.
Wall Street Perspective
The current analyst consensus registers as Moderate Buy, comprising 14 Buy ratings, 5 Hold ratings, and 2 Sell ratings.
The mean price objective stands at $194.61 post-volatility, suggesting potential upside of approximately 38% from Wednesday’s closing price.
Palantir delivered 70% year-over-year revenue expansion in its latest quarterly results, a metric that bullish investors cite as validation of the company’s underlying business strength despite valuation controversies.
Burry isn’t the sole prominent skeptic. Short-seller Andrew Left revealed his own short position in Palantir last September, additionally highlighting Databricks as a superior alternative investment.
Since Anthropic remains privately held, investors lack direct mechanisms to capitalize on Burry’s competitive thesis — though the downward pressure on PLTR has proven tangible.
The official designation of the Maven Smart System represents one of the more concrete near-term positive catalysts currently on the horizon for shareholders.
Crypto World
Binance Delisting Wipeout: 6 Altcoins Crash After Exchange Pulls the Plug
Binance announced it will delist six tokens on April 23, triggering immediate losses across the affected assets.
The exchange will remove Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN) from all spot trading pairs.
Binance Purges Six Tokens in Latest Delisting Wave
The exchange attributed its decision to its periodic review process. It evaluates development activity, trading volume, network security, and team commitment, among other factors.
“At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” the blog read.
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The sell-off was swift. FUN dropped 27.93% within minutes of the April 9 notice, the steepest fall among the six.
MDT followed with a 22.79% decline, while FIO lost 20.51%. BIFI fell 8.93%, and OXT slid 13.42%. WAN saw the mildest reaction, with a dip of just 1.24%.
This is another wave of removals this month. On April 1, Binance delisted eight tokens, including Loopring (LRC) and Radiant Capital (RDNT), which also saw double-digit drops following the announcement.
Several of these tokens had been flagged well before removal. Binance placed BIFI and MDT under its Monitoring Tag in June 2025. FUN and OXT received the same warning label in March 2026.
The label flags tokens that show elevated risk and sharper price swings than their peers. Binance reviews tagged assets on an ongoing basis and may delist those that fail to meet its standards.
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Crypto World
Ethereum Price Clings to $2,168 as Foundation Leads a 3-Front Selloff
Ethereum (ETH) price trades at $2,181 on April 9, sitting just 0.5% above a critical technical level while facing coordinated selling pressure from three directions.
The Ethereum Foundation, spot ETF holders, and whales are all reducing exposure simultaneously. Meanwhile, two key moving averages on the daily chart are converging toward a bullish crossover. The combination puts the Ethereum price in its most conflicting position yet, in April.
Symmetrical Triangle Tightens as Two EMAs Close In
Ethereum price has been trading inside a symmetrical triangle on the daily chart since late February. The pattern has compressed price between a series of lower highs and higher lows, squeezing the range tighter with each session.
The most recent test of the upper trendline was rejected. Sellers defended that level aggressively, pushing ETH back toward the middle of the triangle. The rejection matters because it confirms the pattern is still intact and no breakout has occurred.
The 20-day Exponential Moving Average (EMA), a trend indicator that gives greater weight to recent price movements, sits at $2,114, still below the 50-day EMA at $2,151. The gap between them is narrowing. If the 20-day manages to cross above the 50-day, it would flash a golden cross and shift short-term momentum bullish.
However, with selling pressure mounting from three fronts, the risk is that the 20-day stalls and diverges back downward, a failed crossover attempt that would reinforce the bearish structure.
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A failed crossover attempt inside a tightening triangle would tilt the odds toward a downside breakdown. But the chart setup alone does not explain why ETH is under this much pressure. The selling is not just technical. It is structural.
Foundation, ETFs, and Whales All Reduce Exposure at Once
The sell pressure is arriving from three separate fronts simultaneously.
The Ethereum Foundation announced it would convert 5,000 ETH into stablecoins via CoWSwap’s TWAP feature to fund R&D, grants, and donations.
According to on-chain tracker Lookonchain, 3,750 ETH worth $8.3 million has already been sold at an average price of $2,214. Another 1,250 ETH, worth approximately $2.77 million, remains earmarked for conversion. The Foundation’s own announcement framed the sale as routine treasury management, but the market reads any large sell from the project’s creator as a bearish signal regardless of intent.
The ETF picture flipped just as fast. US spot ETH ETF flows recorded a strong inflow of 38,769 ETH on April 6. One day later, April 7 saw an outflow of 24,311 ETH. The reversal erased most of the previous session’s institutional demand in a single day.
Whale behavior adds the third layer.
According to Santiment data, the supply held by whales outside of exchanges peaked at approximately 123 million ETH around April 8 and has since dropped to 122.93 million, roughly $153 million. The decline appears modest in absolute terms, but the timing matters. Whales began reducing holdings around the same time the Foundation started selling and ETF flows reversed.
When three independent groups, the Foundation, ETF holders, and whales, all reduce exposure within the same 48-hour window, it creates a supply overhang that technical patterns alone cannot absorb. The ETH price chart now decides how much of this pressure the market can handle.
Ethereum Price Sits 0.5% Above the Level That Changes Everything
ETH trades at $2,181, just 0.5% above the 0.236 Fibonacci level of $2,168. This is the line that matters most right now. A daily close below $2,168 would confirm that the selling pressure from all three fronts is overwhelming dip buyers and would place ETH firmly in the lower half of the triangle.
Below $2,168, the next supports are $2,102 at the 0.382 level and $2,049 at the 0.5 level. A drop below $1,995 at the 0.618 level would bring the lower trendline of the symmetrical triangle into direct focus, raising the risk of a breakdown toward $1,823.
Ethereum price did briefly dip below $2,168 during the session before buying pressure helped it reclaim the level. That reclaim shows buyers are aware of the line. However, a second test with the EMA golden cross still unconfirmed and the Foundation still holding 1,250 ETH to sell may not hold as well. The broader market weakness adds another headwind.
For strength to return, ETH needs to stay above $2,168 and attempt a move back toward $2,274. That would push price back toward the upper trendline and could help confirm the crossover. However, with three selling cohorts active and no fresh demand catalyst visible, the upside path remains the harder one.
Currently, $2,168 separates a defended floor with a path back toward $2,274 from a three-front-driven slide toward $2,102 and lower.
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Crypto World
RWA Marketing Shifts From Hype to Structure as Institutional Capital Grows More Discerning
TLDR:
- Yield promises no longer close RWA deals — investors now demand verified legal structures and default procedures first.
- Credibility built through clean repayment records outperforms any paid marketing campaign in the RWA sector today.
- Regulatory arbitrage across jurisdictions like Malaysia and Switzerland is becoming a core feature, not a legal workaround.
- Instant redemption and pre-funded liquidity layers are now the clearest signal that an RWA project is built to last.
RWA marketing is undergoing a fundamental shift across the crypto industry. Projects that once relied on yield promises are now held to a much higher standard.
Institutional and retail investors are demanding legal clarity, collateral transparency, and defined default procedures before committing capital.
The market drawdown of October 2025 accelerated this change considerably. As tokenized real-world assets attract more scrutiny, the strategies that worked a year ago are no longer enough to close deals.
Credibility and Structure Replace Yield as the Core Pitch
The days of leading with high APY figures are largely over in RWA marketing. Investors are now asking harder questions about legal structures, collateral custody, and enforcement rights.
Projects that answer those questions clearly are gaining the most traction. This shift reflects a broader maturation across the tokenized asset space.
@liqvid_xyz captured this directly: “You can’t sell trust with a story. You need structure, transparency, and execution.” That standard now applies to every project seeking serious capital.
Institutional allocators, in particular, are running thorough due diligence before committing. According to @RealFinOfficial, onboarding a bank or major asset originator can take six to eighteen months.
Credibility, meanwhile, has become the most valuable asset any project can hold. It cannot be purchased through advertising spend or influencer campaigns.
Instead, it is built month by month through clean repayment records and verifiable history. @eightlends has reported zero defaults since launch — a fact that speaks louder than any marketing pitch.
Regulatory arbitrage is also playing a quiet but powerful role. Projects are selecting jurisdictions like Malaysia, the Philippines, and Switzerland to structure their offerings legally.
@metafyed noted they operate under Malaysian and Philippine frameworks. However, explaining that regulatory strategy to buyers remains an ongoing challenge, with most drop-off occurring at that educational moment.
Liquidity and Education Remain the Two Biggest Growth Levers
Beyond structure, liquidity is fast becoming the defining feature of competitive RWA projects. Most tokenized assets still carry TradFi-style redemption timelines, sometimes taking hours or days to settle.
That friction limits the appeal to both retail and institutional participants. Smart projects are now building pre-funded liquidity layers and instant redemption mechanisms to close that gap.
@AmpleProtocol made clear that narrative alone is not enough today. “Everyone is looking for a combination of tokenomics plus Product Market Fit with most projects right now,” they stated.
Without a functional product behind the story, even a well-structured narrative loses credibility fast. Liquidity, in that context, is proof of execution.
Education remains one of the most consistent barriers to growth in this sector. Many crypto users are unfamiliar with SPV structures, collateral agents, and enforcement rights. @eightlends noted that growing in RWA is really about education more than anything else.
Walking users through the full process — from borrower verification to onchain monthly payments — is what converts interest into investment.
The three main audiences — institutional allocators, high-net-worth investors, and wealth managers — each require a tailored approach. Wealth managers particularly need cross-border yield products that clear compliance hurdles for their clients.
Serving these intermediaries well creates leverage across the entire distribution chain. That approach, paired with transparent structure, separates the projects that scale from those that stall.
Crypto World
Brent Crude Price: Ceasefire Wipes Out the Geopolitical Premium
For several weeks, the oil market remained directly influenced by the US-Iran tensions. Threats to close the Strait of Hormuz kept Brent prices within the $97–110 range. Overnight on 8 April, the parties announced a two-week ceasefire, and the Strait of Hormuz reopened to shipping, immediately removing the accumulated geopolitical premium from prices. Brent declined by over 10%, falling towards the $92 per barrel level.
However, later the same day, the ceasefire came under pressure. Gulf states reported Iranian drone and missile strikes, with the UAE, Kuwait, and Bahrain confirming attacks on oil facilities and infrastructure. Iran subsequently suspended vessel transit through the Strait of Hormuz, citing a breach of the agreement by Israel, which had conducted strikes in Lebanon. Israel clarified that the ceasefire does not apply to Lebanon.
Negotiations are scheduled for 10 April in Islamabad, although the outcome remains uncertain. The market continues to show high sensitivity to any changes in diplomatic or military rhetoric. In parallel, OPEC+ approved an increase in oil production quotas on Sunday, adding further supply-side pressure.
Technical Picture

On the daily chart, the prolonged consolidation within the $60–75 range concluded with an impulsive rally towards $115, driven by geopolitical escalation in February–March 2026. Notably, on 18 March, vertical volume recorded a peak spike, confirming the climactic nature of the move.
The market failed to sustain these elevated levels, and the subsequent correction pushed prices down to $89, where the price approached the lower boundary of a horizontal volume cluster. Above current levels, the market profile remains dense, with the highest concentration of trading activity (POC) located in the $101–103 range. This area could serve as the nearest upside reference, with a breakout requiring significant buyer participation. The next resistance level could be $109.
For sellers, the key support level could be $89. A break below this level aligns with the base of the previous session and may influence short-term bearish positioning.
The RSI with Moving Averages (nominal) indicator presents a similarly notable picture. The RSI has remained below both moving averages for the past 10 days, with both MAs trending downward. This signals a weakening bullish impulse and a shift towards a neutral-to-bearish oscillator configuration.
Key Takeaways
Brent prices corrected sharply following the removal of the geopolitical premium and increased supply pressure from OPEC+. From a technical perspective, the price remains below the POC zone, while the RSI+MA configuration reflects a bearish context. The key range levels—89 and 109—could be reference points for the upcoming session.
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Crypto World
Grayscale Predicts This DeFi Token Will Become a ‘Household Name’ in Crypto
Grayscale Research has labeled Aave (AAVE) a potential “household name,” describing the Decentralized Finance (DeFi) lending protocol as “a bank without bankers” in a new blog.
“Aave is not yet a household name, but we think it will be eventually. Aave is essentially a bank without bankers—a decentralized lending marketplace on Ethereum and other blockchains that takes deposits and makes loans without any human operators,” Grayscale’s Head of Research Zach Pandl wrote.
Pandl pointed to the Bank of Canada’s report. Researchers found that Aave operates with a notably lower net interest margin (NIM) than leading US and Canadian banks, largely due to its lower intermediation costs.
“The Bank of Canada concluded that ‘lending without traditional intermediaries is viable in a technical and operational sense,’ and that Aave ‘operates continuously, transparently, and with minimal overhead, demonstrating the potential of protocol-based credit markets.’ The combination of lower operational costs, attractive rates, and ‘always on’ banking could be a powerful combination for adoption and long-term growth,” the blog added.
Pandl noted that Aave is still “young” and has yet to address complex challenges like credit scoring and undercollateralized lending. However, no lending system is flawless, as recent stress in private credit markets highlights.
“We believe that Aave, a leading onchain lending platform, and its native AAVE token, are poised for long-term growth,” he concluded.
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Analyst Nick highlighted the protocol’s strengths in a recent post. It generated approximately $142 million in net revenue in 2025, with cumulative lending volume surpassing $1 trillion. Fees reached over $885 million, putting it on track for a strong run rate into 2026.
Token Terminal data showed its TVL has declined since late 2025 to $42.6 billion in April. Despite this, Aave remains the top lending protocol, controlling around 50% of the market share.
“Aave is becoming the onchain credit layer that survives cycles and pulls in real-world capital imo,” he said.
However, on-chain data paints a more cautious picture. AAVE exchange reserves surged to 2.23 million tokens, reversing a year-long declining trend and signaling potential sell pressure.
Whales have also been offloading the token this year, while recent contributor departures have impacted investor confidence. AAVE trades near $90, down roughly 5% over the past day amid a broader market downturn.
Whether Grayscale’s long-term thesis plays out may depend less on protocol metrics and more on whether market sentiment can catch up to the fundamentals.
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Crypto World
Fed Officials Still See Room for a Rate Cut Before the End of 2026
US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to minutes from the Federal Open Market Committee’s (FOMC) March meeting.
On Wednesday, the Fed released minutes from its last FOMC meeting on March 17 and 18. The meeting ended with an 11-1 vote to keep rates steady at 3.5% to 3.75%, with many officials cautious about the potential impacts of war and what it could mean for the economy.
Amid a risk of further conflicts, the official consensus pointed to a potential rate cut this year, but as Fed officials noted in the minutes, only if inflation does not get out of control.
“Many participants judged that, in time, it would likely become appropriate to lower the target range for the federal funds rate if inflation were to decline in line with their expectations,” according to the Fed minutes.
Rate cuts are generally seen as a positive catalyst for crypto as they free up investment liquidity and can spur demand for speculative investments. The last interest rate cut was Dec. 10, 2025, with the Fed slashing rates by 25 basis points.

While a cut may still be on the table for this year, the general feeling from the FOMC meeting was that it was “too early to know how developments in the Middle East would affect the U.S. economy.”
The FOMC’s next meeting is scheduled for April 28-29.
Cuts still possible, but so are hikes
While some officials were cautiously optimistic about a rate cut, others warned that the opposite might be necessary.
“Some participants judged that there was a strong case for a two-sided description of the Committee’s future interest rate decisions … reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation were to remain at above-target levels.”
Related: Iran weighing crypto tolls for ships using Strait of Hormuz: Report
Inflation was not the only concern, as many officials pointed to potential downside risks in the labor market, arguing that “in the current situation of low rates of net job creation, labor market conditions appeared vulnerable to adverse shocks.”
According to the CME Group’s FedWatch tool, there is currently a 75.6% chance that the Fed will keep rates at 3.5% to 3.75% during the Fed’s Dec. 8 meeting later this year.
Meanwhile, the chance of a rate cut is 20.4%, while the chance of a rate hike is 2.4% at the time of writing.
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