Crypto World
Iran war, debanking drive commodity traders toward stablecoins, says Haycen CEO
The ripple effects of geopolitical conflict are reshaping the plumbing of global trade finance, pushing some commodity traders out of the banking system and into the arms of stablecoins.
That’s according to Luke Sully, CEO of trade finance-focused stablecoin issuer Haycen, who says the war involving Iran has heightened compliance fears among Western banks, triggering a fresh wave of “debanking” across commodity markets.
“Since the war, banks are further retreating from certain commodity flows,” Sully told CoinDesk in an interview.
“We spoke with some commodity traders who are getting debanked now,” he added.
The $2 trillion market
The concern centers on counterparty risk.
Banks worry that seemingly legitimate transactions, say, involving firms in Oman or other regional hubs, could have indirect exposure to sanctioned Iranian entities. Rather than take the risk, some institutions are stepping back entirely.
The result is reduced access to traditional rails in a sector that is already largely financed outside of traditional banking.
Trade finance, a roughly $2 trillion market for international trade transactions, has increasingly been dominated by non-bank lenders, including private credit funds that finance the movement of commodities and goods globally.
“Everybody thinks they know about trade finance, but they don’t,” Sully says. “It’s predominantly non-bank investment funds lending to borrowers around the world to move goods and services.”
These lenders provide critical liquidity, often earning annualized returns of around 15%, and enable transactions such as shipping helium from Qatar to South Korea or manganese from South Africa to Indonesia.
But they rely on banks for settlement and payment rails, relationships that are now under strain.
Stablecoins, digital tokens pegged to fiat currencies, typically the U.S. dollar, are emerging as a key workaround. In particular, Tether’s USDT has seen growing adoption among commodity traders and counterparties operating in emerging markets.
These cryptocurrencies have rapidly evolved from a niche crypto trading tool into one of the fastest-growing segments of global finance, with total market capitalization surpassing $300 billion in 2025 after roughly 50% annual growth.
Transaction volumes have surged even faster, exceeding $4 trillion in 2025 and now accounting for around 30% of all onchain activity, underscoring their growing role as a medium for cross-border payments and dollar access in emerging markets.
Tether’s dominance
Once primarily used within crypto markets, stablecoins are increasingly being adopted for real-world use cases, from remittances to trade settlement, driven by their speed, global liquidity and ability to bypass traditional banking rails.
One such stablecoin is Tether’s USDT, which is currently dominating the flow.
“Tether is soaking up a lot of the payments flow,” Sully says. “If you want to make a one-time payment into an emerging market, USDT is helping.”
The appeal is straightforward: deep global liquidity and widespread acceptance.
“There is so much global USDT liquidity that people don’t mind sending or accepting it as payment,” he added, “because someone in their country will eventually swap it for dollars.”
That growing familiarity is also shifting perceptions.
Still, Sully frames this trend as a workaround rather than a long-term solution. “This is more of a workaround for these people than a solution for trade finance in general.”
‘A different problem’
The geopolitical backdrop is also producing more extreme signals.
Sully pointed to reports that bitcoin is being used as a “currency of choice” for payments tied to safe passage through the Strait of Hormuz, a critical chokepoint for global oil shipments.
“It shows that trade finance is increasingly being led and managed by non-bank actors and non-bank ways of transacting,” Sully says.
Haycen is positioning itself to capture this shift. The firm issues a U.S. dollar-backed stablecoin, USDhn, designed specifically for trade finance.
According to Sully, “Haycen aims to be the liquidity and settlement layer for non-bank global trade and is currently working with industry participants around the world.” The goal is to streamline a highly fragmented system.
Haycen’s model allows users to deposit funds, transact using its stablecoin, and potentially earn interest, subject to regulatory eligibility, while avoiding the delays and inefficiencies of correspondent banking.
“Funds don’t get lost for seven days. You can log in, see your deposits and counterparties in one place, and settle instantly.”
Unlike most stablecoin issuers, which focus on crypto trading or retail payments, Haycen is targeting a specific institutional niche. “Every other stablecoin business is a payments business or a crypto trading business,” Sully says. “We’re solving a different problem.”
That problem, how to move money efficiently in a fragmented, increasingly de-risked global trade system, may only grow more acute as geopolitical tensions persist.
Ironically, Sully notes, banks’ retreat could accelerate crypto adoption faster than the industry itself ever managed.
Read more: Banks are treading carefully on stablecoins despite market growth, S&P Global says
Crypto World
Pi Network price outlook as it completes a major protocol upgrade
Pi Network has completed a major protocol update that brings it even closer to launching full smart contract capabilities on the network.
Summary
- Pi Network rolled out mainnet v21, moving closer to full smart contract support and improved network performance.
- Launch of a testnet RPC server will allow developers to build and test dApps ahead of mainnet deployment.
- Despite upgrades, Pi Network price remains under pressure, with a bearish breakdown pointing to a potential drop toward $0.131.
In an April 14 X post, the Pi Network team revealed that the Pi mainnet has successfully been upgraded to version 21, which introduces several critical performance enhancements.
This milestone is part of a series of strategic improvements intended to expand the ecosystem’s functionality. The most important one will be the introduction of smart contracts to the network, which will enable developers to build decentralized applications in a more efficient and scalable manner.
As such, the Pi team urged node operators to update their systems to the latest software version immediately. It also promised to share more details regarding the upcoming version 22 update soon, which is expected to further refine the network infrastructure.
Another major development shared by the development team is the launch of an RPC server on the Pi Testnet. This tool will enable developers to build, test, and deploy smart contracts before they go live on the main network. Besides this, it will also enable smoother integration with third-party wallets and analytical tools.
Once fully implemented, the upgrade will make Pi Network a direct competitor to other popular chains such as Ethereum or Solana, with the aim of boosting Pi token utility over time as new applications continue to be built on the network.
Pi Network (PI) price initially rose slightly higher to $0.167 on the day before paring off with all of its gains and settling at $0.165 at the time of writing. The token has been in a steady downtrend since late March, during which it fell by approximately 15%.
On the daily chart, Pi Network price has formed a descending triangle, a highly bearish pattern, over the past month. It confirmed a bearish breakout from the pattern as it fell below the lower horizontal trend line at $0.166.

Hence the path of least resistance for Pi Network price suggests a move downwards towards the Feb. 11 low of $0.131.
Momentum indicators such as the MACD and RSI strongly support the bearish forecast as they pointed downwards, suggesting that selling pressure remains dominant for now.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
CoinDesk 20 performance update: Ethereum (ETH) price rises 5.4%

Aave (AAVE), up 3.6% from Monday, joined Ethereum as a top performer.
Crypto World
Why is the crypto market rallying today? (April 14)
The crypto market rose 4.3% on Tuesday, moving above the $2.6 trillion mark after reports emerged that Iran could be considering ending the war, as the U.S. naval blockade on Iranian traffic through the Strait of Hormuz continues to apply pressure.
Summary
- Crypto market cap jumped 4.3% above $2.6T as easing U.S.-Iran tensions boosted risk appetite.
- Bitcoin hit a 4-week high near $74.8K while $430M in short liquidations accelerated the rally.
- Cooling U.S. inflation data strengthened rate cut hopes, further supporting crypto prices.
Bitcoin (BTC) price rallied nearly 6% to a 4-week high of $74,788 today before paring off some of its gains and settling at $74,279 at the time of writing. Ethereum (ETH) was up 8%, perched at $2,363, while other major crypto assets such as BNB (BNB), XRP (XRP), Solana (SOL), and Dogecoin (DOGE) saw gains ranging between 2–5%.
Some of the top gainers of the day were RaveDAO (RAVE) with 86%, Algorand (ALGO) with 9%, and Canton (CC) with 8%. As crypto prices surged, it triggered over $430 million in short liquidations across crypto leveraged markets, forcing bearish traders to buy back crypto assets from the market, which further added upside momentum to the crypto market rally.
The Crypto Fear and Greed Index showed a reading of 54 in the neutral threshold, a sign that market sentiment has relatively eased as signs of potential de-escalation in the Middle East conflict appear.
Crypto prices moved higher today after reports emerged that Iran may be considering abandoning its uranium enrichment plans to negotiate for an end to the U.S.-Iran war. Notably, US President Donald Trump revealed that Iranian officials have called his administration and “want to work a deal.”
This comes just a day after the U.S. enforced a naval blockade on the Strait of Hormuz in an attempt to intercept military vessels moving to and from Iranian ports. However, the blockade excludes non-Iranian vessels, which helped calm immediate fears of a total global supply chain collapse.
The Iranian government, for its part, had earlier accused the US of committing piracy as thousands of Iranians rallied in Tehran against the blockade. They further warned that they would retaliate if any threats were directed against civilian ships and vessels.
Iran’s fresh attempt at diplomacy has reignited hope of a more concrete ceasefire being put in place, which could potentially lead to an end of the war and reopen the strait to normal traffic. Pakistan is reportedly offering to host the next round of talks between te in Islamabad.
Shortly following the news, crude oil prices fell from above $119 yesterday to approximately $88 as G7 and IEA reserve releases hit the market, reducing global inflation fears and favoring risk assets like crypto.
U.S. macro data points to cooling inflation
Crypto prices also benefited from recent macroeconomic data that pointed to moderating inflation trends. Notably, the PCE Price Index, the Federal Reserve’s preferred inflation gauge, released earlier this month, showed inflation holding relatively steady and offered some relief to markets.
Furthermore, JOLTS Job Openings came in below expectations, suggesting a softening labor market, while GDP growth remains steady but controlled.
Taken together, these indicators suggest that inflation pressures may be gradually easing, increasing the likelihood that the Federal Reserve could consider adjusting its policy stance later this year, a backdrop that tends to support risk assets like crypto.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
Nexo Becomes the official digital asset partner of Argentina’s national football team in LATAM
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Nexo partners with the Argentine Football Association (AFA) ahead of the 2026 FIFA World Cup, reinforcing the company’s expansion in South America.
Summary
- Nexo partners with Argentina’s national team as regional digital asset sponsor ahead of 2026 World Cup
- The deal strengthens Nexo’s expansion in Argentina following Buenbit acquisition and local hub launch
- Nexo and AFA formalize partnership in Buenos Aires, marking push into South American crypto market
BUENOS AIRES, Argentina, April 14, 2026 — Nexo, the premier digital assets wealth platform, today announced a partnership with the Argentine Football Association (AFA), becoming the Official Regional Digital Asset Partner of the Argentine National Football Team across South America ahead of the 2026 FIFA World Cup.
The agreement deepens Nexo’s expansion in Argentina, where the company recently acquired the leading platform Buenbit and is establishing Buenos Aires as a regional hub with its local team.
Federico Ogue, CEO at Buenbit by Nexo, said: “Argentina’s national team represents the highest level of sporting excellence, built on talent, conviction, and an unrelenting will to win. At Nexo, we share that standard. As we grow our presence in Argentina and across South America, partnering with AFA is a statement of commitment to this region and the clients we serve here.”
Official partnership ceremony
The partnership was officially launched at a gala ceremony in Buenos Aires, where Nexo and AFA executives signed the agreement before invited guests, media, and partners. The event marks the formal beginning of the collaboration ahead of the 2026 FIFA World Cup.
Leandro Petersen, Chief Commercial & Marketing Officer of the AFA, said: “We are excited to announce a new partnership with a strong global reach that aligns with the Argentine
Football Association’s international growth strategy, which we have been building in recent years through agreements with leading companies in innovation and technology. In this context, Nexo’s arrival as the Official Digital Assets Partner of the Argentine National Team reflects not only the growth of our brand globally but also the growing interest of international companies in partnering with Argentine soccer and one of the world’s most prominent national teams.
Success in elite sports, just as in business, is based on a clear strategy, discipline, and the ability to perform at the highest level when it matters most. Collaborating with partners who share this mindset allows us to continue expanding our ecosystem and create meaningful opportunities to connect our players, our brand, and millions of fans around the world.
Partnership activations
Nexo is starting a global ticket giveaway campaign for Argentina’s World Cup matches, open to new and existing clients. Signed squad shirts and co-created player content with Messi, Lautaro Martínez, Julián Álvarez, and Nico Paz will be distributed across the campaign window running from May through the end of the tournament. Nexo’s program will incorporate match-day experiences and squad merchandise, such as tier-linked rewards, connecting platform activity directly to the campaign.
Nexo is committed to global premium sport, serving as the Official Crypto Partner of the Australian Open and Summer of Tennis, the Official Digital Wealth Platform of the DP World Tour, and the Official Partner of the Audi Revolut Formula 1 Team.
Ahead of 2026 FIFA World Cup
The partnership adds a further dimension to Nexo’s U.S. relaunch. In February 2026, Nexo re-entered the United States market under a regulated framework, marking its first operational return to the country. Argentina arrives at the World Cup as reigning champions, competing across North American stadiums.
About Nexo
Nexo is a premier digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. Our mission is to lead the next generation of wealth creation by focusing on customer success and delivering tailored solutions that build enduring value, supported by 24/7 client care.
Since 2018, Nexo has provided unmatched opportunities to forward-thinking clients in over 199 jurisdictions. With over $8 billion in AUM and over $403 billion processed, we bring lasting value to millions worldwide. Our all-in-one platform combines advanced technology with a client-first approach, offering high-yield flexible and fixed-term savings, crypto-backed loans, sophisticated trading tools, and liquidity solutions, including the first crypto debit/credit card. Built on deep industry expertise, a sustainable business model, robust infrastructure, stringent security, and global licensing, Nexo champions innovation and long-lasting prosperity.
For more information, visit the official website.
About the Argentine Football Association (AFA)
Founded in 1893, the Argentine Football Association (AFA) is the governing body of football in Argentina and one of the oldest football associations in South America. AFA oversees the Argentine national team — the Albiceleste — three-time FIFA World Cup champions and current title holders, as well as the structure of Argentine club football.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Crypto World
Nauru Appoints Dadvan Yousuf Trade Commissioner for Crypto Push
Nauru has appointed crypto entrepreneur Dadvan Yousuf as an international trade commissioner to help advance its digital asset strategy and attract global investment.
In a statement on Tuesday, President David Adeang said the appointment is part of the Pacific nation’s efforts to strengthen international partnerships and position itself as a hub for virtual asset activity. The government said Yousuf will support cross-border engagement with virtual asset service providers, financial institutions and technology firms.
The move comes less than a year after Nauru passed legislation establishing the Command Ridge Virtual Asset Authority (CRVAA), a dedicated regulator tasked with licensing and overseeing crypto firms, digital banks and other virtual asset activities.
The appointment marks a shift from establishing Nauru’s crypto regulatory framework to actively promoting itself as a jurisdiction for digital asset companies and investment, as the country says it is seeking new revenue streams and greater economic resilience.
Yousuf has previously been linked to regulatory action in Switzerland. In 2023, the Swiss Financial Market Supervisory Authority (FINMA) said a crypto project he founded sold millions of dollars in tokens without the required license and described the platform as non-operational, issuing cease-and-desist orders.

Nauru expands crypto push with trade appointment
According to the United Nations, Nauru is a Pacific island state in Micronesia, northeast of Australia, with about 21 square kilometers of land and roughly 12,500 people, making it the world’s third-smallest country and smallest island nation.
Adeang said Nauru’s digital asset push is intended to improve economic resilience and living standards while committing to international governance and compliance standards.
He previously said in August 2025 that Nauru, ranked among the most vulnerable to economic and climate shocks, is seeking to change its trajectory through new economic strategies.
Related: IMF guides Andorra to record and monitor Bitcoin transactions
The appointment adds a new outward-facing element to that strategy by pairing Nauru’s regulatory ambitions with a known figure in crypto circles.
In the announcement, Adeang said Yousuf brings “a unique combination of entrepreneurial vision, international network, and deep understanding of digital asset markets.”
Yousuf had previously attracted attention in the crypto sector after raising a Bitcoin flag atop Mount Everest in 2024. The Bitcoiner said the expedition was intended to highlight disparities in access to financial education.
Nauru surfaced in FTX-linked memo before crypto push
Nauru previously surfaced in crypto headlines in 2023 after court filings in the FTX bankruptcy revealed a memo proposing the purchase of the Pacific island nation using allegedly misappropriated funds.
The plan, linked to Gabriel Bankman-Fried, Sam Bankman-Fried’s brother, outlined building a bunker to survive a global catastrophe. However, Gabriel’s representatives denied involvement in drafting or endorsing the plan.
Magazine: Should users be allowed to bet on war and death in prediction markets?
Crypto World
Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm
Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content.
Summary
- Nigel Farage is under scrutiny from the Financial Conduct Authority following a request from the Liberal Democrats to investigate his financial involvement and promotional activities with Stack BTC.
- The investigation focuses on whether the Reform UK leader breached market rules by appearing in promotional videos for the firm while holding a 6.31% stake in the business.
The Liberal Democrats sent a letter to the Financial Conduct Authority (FCA) requesting an investigation into whether the Reform UK leader violated market rules by appearing in marketing videos while holding a financial stake in the business.
Daisy Cooper, the party’s deputy leader, raised concerns that the move could compromise the integrity of the financial markets.
“The FCA must investigate whether Farage’s plans to cash in on Crypto could potentially amount to market abuse and a conflict of interest,” she wrote.
Stack BTC, which is chaired by former Chancellor Kwasi Kwarteng, recently announced the purchase of 37 Bitcoin for approximately $2.7 million as part of a strategy to build its corporate treasury.
In a video released to coincide with the disclosure, Farage appeared on behalf of the firm to argue that a Bitcoin treasury company is essentially required to hold the digital asset.
This acquisition brings the company’s total holdings to 68 Bitcoin, bought at an average price of $72,400 per coin.
Records indicate that Farage has significantly increased his personal stake in the sector, having disclosed a $286,000 equity investment in Stack BTC this March. This gave him a 6.31% share in the company through his media vehicle, Thorn In The Side.
Cooper suggested that the intersection of Farage’s political platform and his private investments needs to be looked at more closely.
“Taken together, these facts beg the question whether Mr Farage is promoting cryptocurrencies through his political platform in order to inflate crypto values for his own financial benefit, as well as that of his party and his inner circle of donors,” she wrote.
The controversy unfolds as the UK government moves to tighten the rules surrounding digital assets and political influence.
Last month, the Rycroft Review recommended a moratorium on cryptocurrency donations to political parties, citing fears that such funds could be used for foreign interference in British elections.
Prime Minister Keir Starmer has since moved forward with this proposal, implementing a temporary ban while the government develops more robust safeguards.
This regulatory pressure comes at a time when Reform UK is already under the spotlight for its funding, having received a record £9 million donation from early crypto investor Christopher Harborne.
While Farage continues to push for crypto-friendly policies, members of parliament are increasingly advocating for a permanent ban on digital asset donations to ensure that financial markets are not used as a “personal piggy bank” for political figures.
Crypto World
Here’s why Chainlink price is a coiled spring poised for a breakout
Chainlink price is forming a major bullish reversal pattern that could ultimately lead to a potential surge to $12 over the coming weeks.
Summary
- Chainlink price rose to $9.40, up ~13% from monthly lows, as a bullish reversal pattern takes shape.
- A double bottom formation points to a potential breakout above $10, with a projected upside toward $12.
- Whale accumulation and declining exchange reserves signal growing long-term confidence and reduced selling pressure.
According to data from crypto.news, Chainlink (LINK) price rallied nearly 8% to $9.40 on Tuesday, locking in gains of nearly 13% from its lowest point over a monthly period. Despite this, the token remains down nearly 25% below from where it started this year.
The 17th largest crypto asset by market cap is showing a highly bullish reversal pattern that suggests the token could be close to a breakout soon.
On the daily chart, Chainlink price appears to be completing a double bottom pattern, which is one of the most popular bullish signs in technical analysis. A breakout from the neckline of such a pattern has historically been followed by strong upside in a related asset for multiple sessions.

For Chainlink, a breakout from the $10 neckline of the pattern formed could push its price to above $12. This level is calculated by adding the height of the double bottom pattern to the neckline itself.
For now, the most immediate resistance sits at $10, which also serves as a key psychological resistance level. On the contrary, a drop below $8 could erode the ongoing bullish momentum and potentially invalidate the current setup.
Momentum indicators such as the MACD and RSI suggest that a recovery could already be underway. Notably, the MACD lines have moved upwards and are close to breaking out of their bearish zone, while the RSI has bounced above neutral thresholds, suggesting bulls are regaining control of the market.
A major catalyst that seems to be supporting Chainlink price has been active accumulation by whales. According to recent reports, whales have added another 1.89 million LINK tokens worth approximately $16.9 million recently, bringing total holdings by these investors to 661.9 million tokens.
What is interesting is that this large-scale purchase came alongside declining LINK reserves on exchanges, a sign that investors are moving their assets into cold storage for long-term holding.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
Cardano Summit 2026 Proposal Sparks Debate Over $2.8M Treasury Allocation
TLDR:
- Cardano Summit 2026 proposal requests $2.8M, reflecting a broader global expansion strategy in Singapore.
- Dual-event approach with TOKEN2049 aims to boost institutional reach and ecosystem visibility.
- Treasury funding includes strict oversight, milestone payments, and real-time transparency dashboards.
- Community vote will decide the proposal, with no revised plan if funding approval is denied.
Cardano Summit 2026 is at the center of a new treasury proposal that has sparked discussion across the Cardano ecosystem.
The Cardano Foundation confirmed it is reviewing community feedback regarding funding for the planned event and its alignment with TOKEN2049 in Singapore.
The proposal outlines a larger budget than previous years, reflecting a broader strategy aimed at institutional engagement during challenging market conditions while maintaining transparency and accountability.
Strategic Expansion and Budget Rationale
The Cardano Summit 2026 proposal introduces a notable increase in projected costs compared to earlier expectations.
The total budget now approaches $2.8 million, exceeding the previously discussed $1.2 million framework. This adjustment follows internal discussions and ecosystem developments that encouraged a broader global presence.
According to statements shared via the Cardano Foundation’s official communication channels, the decision reflects an effort to position Cardano as active despite market cycles.
The tweet emphasized that the initiative is designed as an anti-cyclical investment, reinforcing long-term ecosystem growth.
The higher costs are also linked to Singapore’s operating environment. Event logistics, vendor services, and general expenses in Singapore exceed those of previous locations such as Berlin. These factors collectively shaped the revised treasury request.
At the same time, sponsorship expectations remain conservative. The proposal assumes limited growth in sponsorship revenue, citing current market conditions. Lower ticket pricing, introduced after community feedback, also contributes to the funding gap.
Dual-Event Strategy with TOKEN2049
The integration of Cardano Summit 2026 with TOKEN2049 forms a central element of the proposal. This combined approach aims to leverage an existing global audience, offering access to institutional participants, developers, and media representatives gathered in Singapore.
The Cardano Foundation noted that TOKEN2049 attracts over 25,000 attendees, creating exposure levels difficult to replicate independently.
This environment provides opportunities for networking, partnerships, and ecosystem visibility within a concentrated timeframe.
As part of the sponsorship package, Cardano would secure a large exhibition space and a dedicated stage for ecosystem builders.
The arrangement also includes keynote speaking opportunities and promotional support across TOKEN2049 channels.
The scheduling decision also reflects regional strategy. Hosting the event in Singapore brings the Cardano Summit to the Asia-Pacific region for the first time. This move aligns with efforts to engage financial institutions and regulators within a global financial hub.
Governance, Oversight, and Community Accountability
The Cardano Summit 2026 proposal introduces structured oversight mechanisms designed to address community concerns about treasury usage.
Funds would be managed through audited smart contracts, with milestone-based disbursements tied to event delivery.
An oversight committee comprising ecosystem participants, including Sundae Labs and NMKR, would monitor progress.
This group holds authority to pause or adjust funding milestones if necessary, ensuring adherence to defined objectives.
Transparency measures include a public dashboard that tracks fund allocation and performance indicators in real time. Independent audits are also planned, continuing practices established during the 2025 Summit.
Key performance targets have been defined across multiple categories. These include attendee numbers, enterprise engagement, media reach, and developer participation. Metrics related to TOKEN2049 participation and hackathon outcomes are also included.
The proposal outlines clear provisions for unused funds. Any surplus or gains resulting from price appreciation would be returned to the treasury within six months.
If the proposal does not pass, the Cardano Summit 2026 will not proceed, and alternative initiatives will be considered.
Crypto World
Leading crypto presale to buy now as BNB trades around $600
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
BNB holds steady as BlockchainFX presale draws attention from early-stage investors.
Summary
- BNB holds near $600 as BlockchainFX nears $15 million softcap ahead of exchange launch
- BlockchainFX (BFX) presale gains momentum with 23k+ users and bonus incentives driving demand
- Multi-asset Super App BFX attracts investors seeking early entry before listing price increase
Timing is everything in crypto, and right now, two names are making serious noise — BNB holding steady around $600, and BlockchainFX (BFX) sitting at just $0.035 in what could be its final presale days.
While BNB veterans know the value of getting in early on a strong ecosystem play, BFX is one of the best crypto presales to buy now for investors who want ground-floor access before a major exchange launch reshapes the leaderboard.

BlockchainFX has raised over $14.23m and is closing in fast on its $15m softcap — the trigger point for its full exchange launch. With 23,250+ participants already in and a limited-time bonus code LAUNCH50 unlocking 50% extra BFX tokens, the window to get in at this price is genuinely shrinking. This is not a drill.
BFX is about to launch and the countdown has officially started
BlockchainFX is a next-generation crypto super app that lets users trade crypto, stocks, forex, ETFs, and commodities all in one decentralized platform. Awarded “Best New Crypto Trading App of 2025,” it’s licensed by the Anjouan Offshore Finance Authority and already live in beta with thousands of daily active users. The current presale price is $0.035, with a launch price set at $0.05, meaning every token bought today is already priced below the listing floor.
What makes BlockchainFX genuinely different is that it functions like a DeFi version of Binance and Coinbase combined, but with full asset ownership and no exchange custody risk. Users keep control of their wallets, trade across asset classes, and still earn daily staking rewards in both BFX and USDT. That combination, trading freedom plus passive income, is rare, and it’s one reason why the platform’s beta feedback has been overwhelmingly positive.
LAUNCH50: 50% more tokens, one code, one last chance
Here’s where the numbers get interesting. The bonus code LAUNCH50 is live right now, giving every buyer 50% more BFX tokens on top of their purchase, a celebration of the impending launch. So a $10,000 investment at $0.035 gets approximately 285,714 BFX tokens normally, but with LAUNCH50 applied, that jumps to around 428,571 BFX tokens. At the $1 post-launch price analysts are pointing to, that’s a potential return of $428,571 from a $10,000 entry. The math speaks for itself.
Analysts have floated post-launch predictions ranging from $8 to $10 long-term, but even the conservative $1 target represents a massive multiple from the current presale price. Once BFX hits its $15m softcap, the presale closes, and this price is gone permanently.
Spend $100 or more in BFX, and automatically enter into the $500,000 Gleam giveaway — with prizes starting at $20,000 and a top prize of $250,000 in BFX tokens. The best crypto presale to buy now has a deadline, and that deadline is approaching fast.
BNB holds steady at $607 but the ATH feels like a distant memory
BNB is currently trading around $607.58, functioning reliably as the backbone of the BNB Chain ecosystem. It handles transaction fees across BNB Smart Chain, opBNB Layer 2 solutions, and BNB Greenfield, while also serving as a governance token that gives holders actual voting power in protocol decisions. For long-term BNB holders, the utility case remains intact, and the ecosystem continues to expand.
That said, BNB’s all-time high of $1,370.55 hit six months ago, and the current price reflects a market that has pulled back considerably since then. Sitting roughly 55% below its peak, BNB is still a solid large-cap holding for those who believe in the BNB Chain ecosystem long-term – though new buyers at current levels are playing a different game than those who got in early and watched it run.

One of the best crypto presales right now has a launch date coming
Based on the latest research, the best crypto presale to buy now is BlockchainFX, and the case has rarely been cleaner. Over $14.23m raised, 23,250+ holders, a working product, regulated status, and an explosive bonus offer with LAUNCH50 make the entry price even more attractive.
When the $15m softcap is hit, the presale ends and the token lists — there’s no negotiating with that timeline. The best crypto presale opportunities don’t stay open forever, and this one is already in its final stretch. Visit the BlockchainFX website before the next price move makes today look cheap.
For more information, visit the official website, X, and Telegram.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Crypto World
Ethereum Price Just Bounced Off a Multi-Year Trendline That Called Every Bear Market Bottom Since 2019: Is a 3x Rally Coming?
Ethereum price is trading at $2,355 in April 2026, up 8.09% on the monthly chart after the $2,000 monthly low was tested and held a multi-year ascending support trendline connecting every major ETH bear market bottom since 2019.
The bounce is in progress. What traders are now watching is whether it has structural legs or simply marks a temporary reprieve before the next leg lower.
Ethereum Price Prediction: Multi-Year Trendline Holds, But Can ETH Reclaim Its SMAs?
The ascending support trendline on ETH’s monthly chart is not a recent construction. It connects the 2019 base, the 2020 pre-rally accumulation zone, and the 2022 cycle bottom, making it the deepest and most tested structural floor in Ethereum’s price history.
The April monthly candle printed a long lower wick at that trendline, a candlestick structure that signals demand absorption at scale. Price has since recovered to the $2,400 area, forming a positive monthly body above the line.

The monthly MACD (12,26,9) adds the critical secondary signal. The MACD line sits at -29.45 and the signal line at, 159.35, producing a histogram reading of positive 129.89, the first positive monthly histogram since Ethereum’s descent accelerated from its August 2025 high near $4,800.
Both lines remain in negative territory, meaning the macro trend has not reversed. But a histogram turning positive at a multi-year trendline test is historically consistent with momentum inflecting before price does on the longer timeframe. The chart is mending. It hasn’t healed.
On the upside, two SMAs define the recovery corridor. The SMA 50 at $2,440.86 is the immediate resistance and the first target that would shift the moving average ribbon from fully bearish.
The SMA 20 at $2,857.71 is the extended objective, a return to where both SMAs converged before the 2025 breakdown. This broader technical structure in Ethereum long-term price chart has historically preceded significant recoveries when macro momentum aligns with structural support.
The buy walls flanking the $2,000–$2,100 zone are supported by on-chain data.
CryptoQuant contributor Arab Chain reported that whales withdrew over 120,000 ETH from centralized exchanges in early March, the largest single outflow since October 2025, a pattern consistent with accumulation near structural support rather than distribution.
Exchange reserves hit multi-month lows as that supply moved off-platform, compressing available sell-side liquidity precisely where the trendline sits.
Perpetual futures showed a slightly positive funding rate as of April 12, indicating measured but persistent long-side demand. The Ethereum Foundation staked 45,000 ETH on April 5, targeting a total of 70,000 ETH, generating an estimated $3.9 to $5.4 million annually in yield while removing immediate circulating sell pressure.
Crypto analyst Leshka posted on X that ETH “will 3x-4x in the next six months,” citing the developing supply squeeze as evidence of a structural base forming – a view that gains more grounding with the monthly MACD now confirming improving momentum.
Ethereum’s Glamsterdam upgrade, scheduled for H1 2026, adds a forward catalyst: targeting a significant gas limit increase, parallel transaction execution, and enshrined proposer-builder separation that is expected to materially reduce Layer-2 costs.
Invalidation is unambiguous. A monthly close below $2,017.09 breaks the trendline outright and shifts the macro structure bearish, with $1,500 the next level of consequence.
Discover: Macro context shaping crypto technical setups right now
Liquidchain Targets Early-Mover Upside as Ethereum Tests Key Levels
ETH’s recovery potential is real – a move from $2,255 to the SMA 20 at $2,857 represents roughly 27% upside from current levels. For a large-cap asset with a market cap measured in hundreds of billions, that’s a meaningful return. The mathematical ceiling, however, is what it is.
Traders seeking asymmetric exposure at this stage of the cycle are increasingly looking at early-stage infrastructure projects positioned around Ethereum’s scaling roadmap.
Liquidchain (LQC) is one project drawing attention in this context, a Layer-3 execution environment designed to aggregate liquidity across Ethereum and its rollup ecosystem, with a technical architecture specifically targeting the throughput bottlenecks that Glamsterdam addresses at the base layer.
The presale has raised over $660K at a current token price of $0.0147, with staking rewards available to early participants.
The project’s core differentiator is its unified liquidity routing across fragmented L2 environments, a structural problem that grows in relevance as Ethereum’s rollup ecosystem expands post-Glamsterdam. Presale investments carry real risk, and this is an early-stage L3 infrastructure project with meaningful execution uncertainty. DYOR applies unconditionally.
Explore the Liquidchain presale here
The post Ethereum Price Just Bounced Off a Multi-Year Trendline That Called Every Bear Market Bottom Since 2019: Is a 3x Rally Coming? appeared first on Cryptonews.
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