Crypto World
SEC close to putting out ‘reg crypto’ for fundraising questions, Chair Atkins says
NASHVILLE, Tenn. — The Securities and Exchange Commission is close to proposing a “regulation crypto” fleshing out its approach to overseeing the crypto industry and drawing lines between transactions that might be securities and where they aren’t, the agency’s head said Monday.
SEC Chair Paul Atkins said the commission’s new reg crypto is in front of the White House Office of Information and Regulatory Affairs, meaning it’s one step away from being published. This rulemaking is focused on the Securities Act of 1933 and will address fundraising and startup exemptions, among other issues, he said Monday at an event hosted by Vanderbilt University and the Blockchain Association.
He told CoinDesk after his question-and-answer session that the SEC also intends to put out its long-awaited innovation exemption soon.
“We’d love to have reactions and everything else,” he said. “It’s not a rule as such but obviously we need to know how it’s functioning and if people have problems with it or not.”
One aspect to this exemption, he said, is that it wouldn’t disadvantage incumbents and focus solely on startups.
“We want people really to experiment within [that] framework,” he said.
Midterm watch
At multiple points during his talk, Atkins pointed to Congress’s role, saying that his agency’s rulemaking process was well underway despite whatever Congress may do.
“I think we have enough of a runway now, even notwithstanding what may happen in the midterms — although I really still want a friendly Congress obviously — they can throw tacks on the road in front of our tires but they’re not going to really slow us down.”
Atkins also said the audience needed “to be engaged in this upcoming election,” pointing to Senator Bernie Moreno as an example.
“To have Congress really veer off track is not going to any of us any good, and it’s going to put a lot more questions into the future because people then just have ‘oh gosh, maybe this is again a passing phase,’” he said. “We’ve got to make sure that your friends are in Congress. I think you saw how that really paid benefits in the last election.”
Crypto World
Little Pepe raises $28 million in presale, stage 13 is almost sold out
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Little Pepe surpasses $28m in presale, advancing to Stage 13 as investor participation grows.
Summary
- Little Pepe presale surpasses $28m, entering Stage 13 as token price rises and supply nears sellout
- LILPEPE gains traction with Layer 2 utility, combining meme appeal with EVM-compatible infrastructure
- Strong presale demand pushes Little Pepe toward next price tier, highlighting early investor momentum
Little Pepe (LILPEPE) has now achieved yet another milestone in the continuation of the ongoing presale process, having now exceeded $28 million in overall funds raised. It has now moved into Stage 13 of the process, where the price of the token is now $0.0022 and is gaining more and more pace with the rising number of participants in the process.

In the latest updates, it has now raised $28,101,728 out of the $28,775,000 overall Stage 13 target, with 16,943,966,303 out of the 17,250,000,000 available for the process being sold out. This has now put more and more pressure on the late entrants in the process as the overall presale is now moving closer and closer to the next price level.
In the next stage, the price of the token is expected to rise to $0.0023, all in line with the pattern of appreciation that has been established. Since its listing in Stage 1 at a price of $0.001, this asset has appreciated by more than 120%, highlighting the value of early mover advantage.
Growing interest backed by utility and layer 2 infrastructure
Unlike most memecoins, which only rely on their virality, the Little Pepe coin seeks to position itself as a Layer 2 ecosystem with actual functionality. With the use of EVM-compatible architecture, the project seeks to provide ultra-fast, secure, and cheap transactions in the creation of a scalable environment.
The token operates with zero transaction tax, removing additional trading costs for users. Alongside this, staking mechanisms and NFT integrations are planned, adding further utility beyond simple trading activity.
With the aim of developing a wide ecosystem, including various applications and tools dedicated to memes, the community aspect will be merged with the practical use cases of the blockchain.
Exchange listings and expansion plans strengthen outlook
The team has set out their future plans, which include the listing on top centralized exchanges as well as DEX. This will not only improve the market once the presale is over but also meet the high market expectations set by the community, which is hoping to achieve a $1 billion market cap.
The project has also managed to gain attention by setting the aim to enter the top 100 on CoinMarketCap, further adding to the high growth prospects.
Community campaigns drive participation
Little Pepe’s rapid rise has been closely tied to strong community engagement. To celebrate its growth, the project has launched a $777,000 presale giveaway, where 10 winners will receive $77,000 worth of LILPEPE tokens each.

In order to participate in the campaign, the person has to make a minimum contribution of $100 in the presale and complete the social engagement task. This makes the platform more interactive and increases the person’s chances of winning with more entries.
In addition, a Mega Giveaway has been introduced for Stages 12 to 17. Both large contributors and randomly selected buyers are eligible to win rewards exceeding 15 ETH, adding another incentive layer for participants.
Momentum builds as presale nears next phase
With the number of tokens available dwindling in Stage 13 and the price set to rise soon, the current phase is one of the last chances for investors to get in before the price jumps again.
With the support of technical infrastructure, no-tax trades, and community-driven strength, the attention of the crypto world is still focused on Little Pepe. As the presale continues, the meme coin and Layer 2 elements are building a story that goes beyond the hype.
For more information, visit the official website, Telegram, and X.
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
Ackman’s Pershing Square Launches $64 Billion Takeover Bid for Universal Music Group (UMG)
Key Takeaways
- Pershing Square, led by Bill Ackman, has unveiled a non-binding $64 billion merger proposal with Universal Music Group through its SPARC Holdings vehicle.
- The bid prices UMG at €30.40 per share, representing a 78% premium over the previous closing price of €17.10.
- Universal Music Group shares surged approximately 13% following the announcement, while major shareholder Bollore Group climbed around 6%.
- The proposed merger would create “Nevada Corporation,” which would trade on the New York Stock Exchange.
- The deal structure includes Michael Ovitz, former Disney president, joining the board as chairman if the transaction proceeds.
Bill Ackman’s investment firm Pershing Square has unveiled a massive $64 billion takeover proposal for Universal Music Group, seeking to combine the Amsterdam-listed music powerhouse with its SPARC Holdings special purpose vehicle in a transaction that would relocate UMG to American markets.
The all-in proposal prices Universal Music Group at €30.40 per share, marking a substantial 78% premium above Monday’s closing price of €17.10. Market reaction was swift, with UMG shares climbing approximately 13% during early Tuesday sessions. Meanwhile, Bollore Group, which maintains the largest ownership position in UMG, experienced a stock increase of roughly 6%.
Universal Music Group has not yet issued a statement regarding the takeover approach.
The offer remains non-binding at this stage. The transaction framework calls for UMG shareholders to receive €9.4 billion in cash consideration alongside 0.77 shares of the newly formed Nevada Corporation for each UMG share owned.
Pershing intends to secure the cash component through multiple channels: SPARC’s rights holders, leveraged financing arrangements, and liquidating its ownership position in Spotify.
The resulting combined company — tentatively named Nevada Corporation — would obtain a primary listing on the New York Stock Exchange, fulfilling Ackman’s longstanding objective of establishing UMG’s presence in American capital markets.
Ackman’s Strategic Rationale Behind the Proposal
In correspondence addressed to Universal Music Group’s board of directors, Ackman praised management for their “excellent” stewardship of the company’s operations. However, he highlighted persistent underperformance in the stock price since UMG’s 2021 debut on the Amsterdam exchange as the fundamental challenge requiring action.
Ackman identified three primary concerns: market uncertainty surrounding Bollore Group’s 18% ownership stake, postponement of UMG’s previously planned American listing, and what he characterized as insufficient deployment of UMG’s financial resources.
Just last month, Universal Music Group abandoned a previous arrangement with Pershing regarding the pursuit of a U.S. stock exchange listing — a decision that seems to have catalyzed Tuesday’s formal merger proposition.
Pershing maintains a 4.7% ownership interest in UMG, positioning it as the fourth-largest institutional shareholder based on LSEG information.
Major Stakeholders Remain Silent
Bollore Group, controlling an 18% stake in Universal Music Group, has not issued any public statement. Vivendi, holding the second-largest ownership position, similarly declined to provide commentary. Tencent Holdings, ranked as UMG’s third-largest shareholder, has not responded to inquiries.
The stance of these major investors carries significant weight. A transaction of this magnitude requires substantial shareholder consensus to advance toward completion.
Michael Ovitz, renowned talent representative and former president of The Walt Disney Company, is designated to assume the role of board chairman at UMG should the merger receive approval.
Pershing Square has indicated it anticipates finalizing the transaction by the conclusion of 2026.
Crypto World
Bitcoin’s quantum risk is more social than technical
The debate over quantum threats to Bitcoin is shaping up as much a social challenge as a cryptographic one, according to Grayscale’s head of research. In response to a March 30 paper from Google researchers suggesting a quantum computer could crack Bitcoin’s cryptography with far less computing power than once thought, the industry is weighing not just the mathematics but the community’s ability to converge on a path forward.
Grayscale’s Zach Pandl argues that Bitcoin’s architecture may actually cushion it in the near term. He points to the network’s UTXO model, proof-of-work consensus, absence of native smart contracts, and certain address types that are not quantum-vulnerable. The real hurdle, Pandl says, is getting the Bitcoin community to agree on how to handle the looming post-quantum era, especially when it concerns dormant coins sitting in long-forgotten wallets.
Roughly 1.7 million BTC remain in early P2PK-style addresses, a tranche that includes the long-anticipated possibility that Satoshi’s own stash could be part of those holdings. Valued at around $68 billion at current prices, these coins represent a governance and risk-choreography challenge as much as a cryptographic one.
The Bitcoin community has three options
Pandl outlines three principal courses of action for coins whose private keys are lost or inaccessible: burn the coins, deliberately slow their movement by constraining the rate at which vulnerable addresses can spend, or take no action and leave the situation as is. He notes that all options are technically feasible, but the hard part is achieving consensus—a recurring theme in Bitcoin’s history of protocol debates, including controversies over data stored in blocks.
The social dimension of the decision is underscored by a recent flashpoint in the community: the Ordinals controversy of 2023, which inflamed debates over using block space to inscribe data such as text or images to satoshis. While the debate has cooled, the two sides remain far from unanimous on governance and protocol change.
“All are conceptually doable, but the challenge is reaching a decision, and the Bitcoin community has a history of contentious debates over protocol changes, including last year’s dispute around image data stored in blocks.”
That warning echoes a broader message: even as researchers discuss the urgency of upgrading cryptography, the path forward ultimately depends on communal agreement about how to treat long-dormant funds and how aggressively to pursue post-quantum protections.
No immediate threat, but a clear call to readiness
Pandl stresses that the time to begin migration toward post-quantum cryptography is now, even if the current threat is not imminent. The idea is to harden blockchains against future quantum attacks before they become critical, rather than scrambling after weaknesses become exploitable.
Industry momentum toward quantum readiness is not limited to Bitcoin. The Solana Foundation and the XRP Ledger have already begun experimenting with post-quantum cryptography, while the Ethereum Foundation published a dedicated post-quantum roadmap in February. These signals suggest a broader market push to standardize and deploy quantum-safe protections across networks, a shift readers should watch closely as governance and coordination across ecosystems mature.
“In our view, there is no security threat to public blockchains from quantum computers today.”
For investors and builders, the takeaway is to separate near-term risk from long-term planning. While the cryptographic landscape may not produce an urgent exploit in the immediate future, the world of post-quantum cryptography is moving forward, and the communities behind major networks are increasingly vocal about preparedness. Grayscale’s stance mirrors a growing consensus: the prudent course is to accelerate research, test implementations, and seek consensus on a governance path that preserves Bitcoin’s security model while guarding against quantum-era threats.
What to watch next
As research continues and other networks advance their quantum-resistant experiments, the crucial developments will be how the Bitcoin community negotiates dormant-key scenarios and whether a broadly accepted post-quantum standard gains traction. The coming months should reveal whether a practical, agreed-upon approach emerges for handling inaccessible coins and for upgrading cryptographic defenses before quantum-era risks become acute.
For now, the emphasis remains on preparedness rather than panic: accelerate post-quantum research, monitor governance dialogues, and observe how the broader ecosystem—spanning Solana, XRP Ledger, and Ethereum—moves toward standardized quantum resistance. The manner in which Bitcoin navigates these questions will shape how investors evaluate digital-asset safety in a world where quantum computers are increasingly plausible, but not yet compelling threats.
Crypto World
Trump’s Dooms Day Deadline For Iran Arrives: Will Bitcoin Price and SPX Dump or Will Trump Blink?
Bitcoin Price is trading at $68,500, as Trump’s April 7 Iran deadline arrives and the crypto market refuses to flinch.
The White House has held its ‘no extension’ posture, demanding Iran open the Strait of Hormuz under threat of strikes on civilian infrastructure, and markets are not pricing in catastrophe.
The S&P 500 is mirroring the same wait-and-see tension, with BTC-SPX correlation tightening into a binary: geopolitical escalation triggers a correlated dump, or Trump blinks and both assets rip higher.
Spot Bitcoin ETFs logged $471 million in inflows over the past 24 hours – the strongest single-day figure in 30 days – suggesting institutions are not running for the exits.

On-chain data from CryptoQuant shows significant exchange outflows in the window before the deadline, consistent with whale accumulation rather than distribution. The market is not calling this a crisis. It is calling a bluff.
Discover: The Best Crypto to Get Right Now
Why the Iran Deadline Is a Macro Trading Event, Not Just a Geopolitical One
The mechanism here is straightforward: a US strike on Iranian infrastructure triggers an oil supply shock, energy inflation re-accelerates, the Fed’s rate-cut timeline extends, and risk assets – Bitcoin and equities both – reprice lower.
That’s the dump scenario, and it’s not subtle. The S&P 500 would absorb the inflation signal as a tightening catalyst; Bitcoin, still running elevated BTC-SPX correlation, would follow equities into a risk-off unwind.
The de-escalation path runs the opposite direction. If Trump blinks – grants an extension, accepts back-channel terms, or downgrades the threat – oil pulls back, rate-cut expectations firm up, and the path of least resistance for both BTC and SPX turns higher.
Geopolitical risk premium drains out of energy hedges and back into growth and risk assets. Bitcoin, already holding $69,000 under maximum headline pressure, would have room to accelerate toward $72,000-$75,000.
Iran’s stated counter-threat, ramping up attacks on Persian Gulf energy sites if struck – introduces tail risk that neither equities nor crypto are fully pricing.
That asymmetry is worth holding in mind. The market’s current read is ‘contained.’ History doesn’t always agree with that read in the first 48 hours of an escalation.
Bitcoin Price Prediction: $75,000 Breakout or Flush Back to $64,000?
Bitcoin at $69,140 is sitting directly at the level that has defined the cycle’s contested zone since late 2025. Immediate support rests at $66,500 – the 50-day moving average – and a clean break below that level opens the $64,000-$65,000 range, where the 200-day MA currently sits.
That $66,500 level is load-bearing. Lose it on a geopolitical shock and the technical structure deteriorates fast.

On the upside, $72,000 is the first meaningful resistance – the ceiling from the March consolidation range. A sustained hold above $69,500 through the deadline resolution sets up a test of that level. Above $72,000, the next target is $75,000, which analysts have flagged as the make-or-break level for the broader April macro setup.
RSI is running at approximately 52 – not overbought, not oversold. The setup reads like a coiled compression, not a topping pattern.
Bull case activates on a confirmed hold above $69,500 post-deadline with ETF inflows sustaining above $300 million daily – target $75,000 within five to seven sessions.
Bear case activates on a geopolitical escalation event that breaks $66,500 on volume – in that scenario, $64,000 becomes the first support that actually matters. Until one of those conditions materializes, the $66,500 level is the only number traders need to watch.
Explore: The Best Pre-Launch Token Sales With Asymmetric Upside Potential
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Crypto World
BitGW’s Single-Sided AMM Model Highlights a More Collaborative Direction for Crypto Liquidity
As the crypto market continues to mature, Automated Market Makers (AMMs) are no longer seen solely as tools used by decentralized exchanges. Increasingly, they are becoming part of a broader shift in market structure, where trading platforms combine algorithmic liquidity with centralized execution.
BitGW has been operating a single-sided AMM model for several years, reflecting this evolution. While early AMMs—widely associated with platforms like Uniswap—reshaped how liquidity is created in crypto, newer models are beginning to focus not only on efficiency, but also on accessibility, sustainability, and how value is distributed among participants.
From Traditional AMMs to Single-Sided Liquidity
Early AMM systems typically required users to provide two assets into a liquidity pool. That structure made decentralized trading possible at scale, but it also introduced practical challenges. Users needed to manage paired assets, track price movements across both sides, and accept the possibility of impermanent loss.
Single-sided AMM models take a different approach. Instead of requiring two tokens, they allow users to participate with just one asset. This simplifies the process and lowers the barrier for users seeking liquidity-based returns without managing a more complex pool structure.
BitGW’s long-running implementation of this model shows how the concept can extend beyond purely decentralized environments.
A Hybrid Model Rather Than a Replacement
Rather than positioning AMMs and order books as competing systems, the market is increasingly moving toward hybrid designs. In this structure, AMM logic contributes to pricing and liquidity formation, while centralized infrastructure provides execution depth, speed, and stability.
BitGW’s model reflects this direction. Its single-sided AMM framework operates within a broader trading environment, combining simplified liquidity participation with the advantages of centralized exchange architecture.
This makes single-sided liquidity more accessible, particularly for users who may be interested in participating but are less inclined to manage the complexity of traditional dual-token AMMs.
Where the Model Becomes More Meaningful
What makes this structure notable is that the AMM functions not only as a trading mechanism, but also as part of a broader revenue and incentive framework.
BitGW’s revenue structure spans multiple sources, including spot trading fees, swap transactions, AMM operations, and additional mechanisms such as spread capture and asset utilization. These components are directly linked to trading activity and form part of standard exchange infrastructure.
Within this structure, LP participation is connected to the value generated by market activity on the platform. As trading volume and liquidity interaction increase, liquidity providers benefit from the underlying flow they support.
This linkage between trading activity and liquidity participation reflects a model focused on consistency and long-term operational sustainability.
Profit Sharing as a Cooperative Mechanism
One of the more distinctive aspects of the single-sided AMM framework is how it connects platform activity with user returns.
When users add liquidity, they contribute to the infrastructure supporting trading flow. As that activity grows, LPs share in the value generated within the system. This shifts liquidity provision from a purely technical role to a more active form of participation in the platform’s operating economy.
Such a structure is becoming increasingly relevant in today’s market, where users are paying closer attention not only to yield levels, but also to how that yield is generated and whether the underlying mechanism is sustainable.
For BitGW, this supports a “cooperation rather than extraction” narrative: the platform grows with liquidity, and liquidity providers grow alongside the platform.
Why Single-Sided AMMs May Matter More Going Forward
As crypto infrastructure evolves, the industry is moving beyond the earliest generation of AMMs. The question is no longer only whether AMMs work, but which models are better suited for broader adoption.
Single-sided designs are gaining attention because they reduce friction, simplify participation, and integrate more naturally with hybrid exchange environments. For platforms seeking both scalability and usability, this approach may prove more practical than traditional dual-token systems alone.
BitGW’s multi-year operation of a single-sided AMM model points in this direction. It suggests that the future of liquidity may not lie in choosing between centralized and decentralized systems, but in combining them in ways that are more efficient, more accessible, and more aligned with participant interests.
About BitGW
BitGW is a digital asset trading platform focused on developing advanced liquidity infrastructure and delivering efficient trading solutions for global users. The platform has also emphasized compliance and regulatory alignment in earlier updates to its AML and KYC framework.
The post BitGW’s Single-Sided AMM Model Highlights a More Collaborative Direction for Crypto Liquidity appeared first on BeInCrypto.
Crypto World
Crypto market outlook as Trump says Iran’s proposal is “not enough” to avert strikes
The crypto market fell 2% to $2.42 trillion after U.S. President Donald Trump said Iran’s proposal to end the war was not enough and warned that Tehran must reopen the Strait of Hormuz by the deadline or face strikes on key infrastructure.
Summary
- Crypto market cap fell 2% to $2.42 trillion after Donald Trump rejected Iran’s ceasefire proposal and warned of strikes if Hormuz is not reopened.
- Iran declined a 45-day ceasefire push while demanding sanctions relief and war compensation, as a Tuesday deadline for U.S. action approaches.
- Bitcoin pulled back below $69K and major altcoins slipped 1–2% as traders turned cautious ahead of potential escalation or de-escalation.
In a sternly worded statement, Trump warned that an Iranian proposal to end the ongoing war in the Middle East is “not enough” to call off his strikes against Iranian infrastructure unless Tehran commits to settling its disputes by reopening the Strait of Hormuz.
“It’s a significant proposal. It’s a significant step. It’s not good enough, but it’s a very significant step,” Trump told reporters. He added that intermediaries “are negotiating now”.
The Strait of Hormuz, which is a strategic gateway for global energy supplies, was effectively blocked as a result of Iran’s attacks in the Gulf region after U.S. and Iranian forces clashed. This has led oil prices to skyrocket and has sparked widespread fears of runaway inflation hurting both crypto and traditional markets.
Trump said the Tuesday deadline for U.S. attacks on Iranian infrastructures would continue to be set in motion unless Iran accepts a deal to reopen the strait, allowing free trade in the region.
Earlier on Monday, Pakistan had put forward a 45-day ceasefire proposal after weeks of trying to broker a diplomatic solution to the war between Iran and the U.S. and Israel.
Iran had reportedly rejected the proposal while pushing for a permanent end to the war. Other demands made by the Iranian government include the removal of sanctions from the central bank and compensation for wartime damages incurred.
While the U.S. government has reviewed the proposal, Trump has so far refused to blink, with war continuing as of press time. Trump has reportedly reiterated that the deadline for compliance still stands at 8 pm Washington time on Tuesday. If Iran fails to agree to a deal, the U.S. could bomb Iran ‘back to the stone ages’.
The crypto market rose to a peak of $2.47 trillion on Monday as reports of Iran considering a proposal to bring a permanent end to the war first surfaced. Investors took this as a sign of de-escalation of the war situation.
However, after Trump confirmed that the U.S. would go forward with its strikes, the market tanked back to $2.43 trillion, erasing some of the gains from the previous day as investors booked profits.
Bitcoin (BTC), the world’s largest crypto asset that is currently strongly influencing other crypto assets due to the war situation, rallied past the $70,000 psychological resistance on Tuesday. However, the asset has fallen back sharply, trading at $68,546 at press time.
Ethereum (ETH), BNB (BNB), XRP (XRP), and Solana (SOL) were down 1-2%, showing traders remain hesitant as they await more clarity about how the standoff ends today.
On one hand, a potential confirmation of peace or de-escalation of the current Middle East conflict could result in a jump in investor appetite for risk assets, thus benefiting cryptocurrencies.
On the other hand, if the U.S. carries forward with the strikes on Iran, it can result in a massive flight to safety and a deeper correction across the entire crypto market.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
Bitcoin ETFs log strongest inflows in six weeks as macro risks linger
Fresh capital flowed back into U.S. spot Bitcoin ETFs at the start of the week, with Monday delivering the strongest single-day inflow in over a month and a half.
Summary
- U.S. spot Bitcoin ETFs recorded $471.3 million in net inflows on Monday, the highest daily total in over six weeks.
- BlackRock and Fidelity led the inflows, with additional buying seen across Ark 21Shares, Grayscale, Bitwise, and VanEck products.
Data from SoSoValue showed that the group of funds pulled in $471.3 million in net inflows, spread across six issuers.
BlackRock’s IBIT led the day with $181.9 million, followed by Fidelity’s FBTC, which brought in $147.3 million. Meanwhile, ARK Invest and 21Shares’ ARKB added another $118.7 million. Additional inflows were also recorded across products tied to Grayscale, Bitwise, and VanEck.
Monday’s figure stands as the highest daily intake since Feb. 25, when net inflows reached $506 million. The rebound effectively erased the $173.7 million in net outflows recorded on April 1, signaling a quick turnaround in investor positioning.
Beyond Bitcoin, spot Ethereum products also recorded $120.2 million in net inflows, which marked the highest daily total since the middle of March.
According to market pundits, these inflows could continue to offer structural support for Bitcoin and help it move beyond its current range. However, the ongoing macro uncertainty could pressure price action and limit any sustained upside.
Tensions between the United States and Iran have stretched into a second month, with no clear path toward de-escalation. Donald Trump has set an April 7 deadline for Iran to reopen the Strait of Hormuz, a critical route that has remained shut for weeks and contributed to rising global oil prices.
Trump warned of a “complete demolition” of Iran’s power plants and bridges if the demand is not met, a statement that has added to concerns around further escalation.
For now, Bitcoin is expected to remain sensitive to macro conditions. If tensions in the Middle East cool, it could help spur a return of risk-on sentiment.
Crypto World
Ethereum Price Corrects but 4 Metrics Are Quietly Building a Bounce Case
Ethereum (ETH) price trades at $2,108 on the 12-hour chart on April 7, down approximately 1% over the past 24 hours. The headline move looks unremarkable. However, four separate metrics across the technical, derivatives, and on-chain layers are converging toward the same conclusion, and none of them are pointing down.
The last time something similar happened, at least on the technical front, Ethereum price rallied 16%. Whether history repeats depends on a handful of levels that are now within striking distance.
Two Technical Triggers Are Converging on the 12-Hour Chart
The first metric is the Exponential Moving Average (EMA) structure, a trend indicator that gives greater weight to recent price action. On the 12-hour chart, the 20-period EMA at $2,083 is closing in on the 50-period EMA at $2,086. When the faster EMA crosses above the slower one, it forms a bullish crossover that typically signals a shift in short-term momentum.
This exact setup started building in mid-March. The crossover started forming around mid-March, and Ethereum price subsequently rallied 15.63%. In the process, it even reclaimed the 100-period EMA. The same structure is forming again. Since April 5, prices have already moved up 7.59%, and the 20 and 50 EMAs are now within $3 of each other. The 100-period EMA sits at $2,144, and a confirmed crossover would bring that level into immediate focus.
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The second metric is the Relative Strength Index (RSI), a momentum oscillator. Between March 19 and April 6, price made a lower low on the 12-hour chart while RSI made a higher low.
That standard bullish divergence suggests selling momentum is fading even as price tested lower levels. The divergence remains intact as long as Ethereum price holds above $2,086. A break below that level would not destroy the broader lower low structure but would invalidate the most recent swing as a confirmed low until it resets.
Together, the EMA convergence and RSI divergence form the technical foundation for a potential bounce. However, technical patterns alone do not move prices. The derivatives and on-chain data reveal whether the fuel exists to power the move.
Shorts Are Piling In and Whales Are Not Selling
The third metric comes from the derivatives market. On April 4, total open interest for Ethereum stood at $10.49 billion with a funding rate of approximately -0.0015%. By April 7, open interest had risen to $10.77 billion while the funding rate dropped further to -0.007%.
Rising open interest combined with an increasingly negative funding rate means one thing. Traders are opening new short positions. That buildup of short exposure creates contrarian fuel because if price moves against them, the shorts must buy to close their positions, accelerating the rally through a short squeeze.
The fourth metric is whale behavior. Since April 3, whale wallets (excluding exchanges) have increased their holdings from 122.73 million to 122.92 million ETH. That addition of approximately 190,000 ETH or roughly $400 million represents steady accumulation rather than aggressive buying.
But the key point is that whales have not reduced their positions during the recent weakness. They are holding through the dip and adding incrementally, providing spot support that sits beneath the derivatives-driven short squeeze potential.
The technical setup provides the direction. The derivatives market provides the contrarian fuel. The whale accumulation provides the spot floor. All four metrics are aligning toward the same outcome, which makes the price levels the final arbiter.
Ethereum Price Levels That Decide If the Bounce Delivers
The 12-hour chart with technical levels from the completed swing frames every critical level.
The first hurdle is $2,116 at the 0.382 level. A 12-hour close above this would place Ethereum price back above the zone where the EMA crossover would likely confirm, adding momentum to the move. Above that, $2,172 is the most important resistance. This level has rejected price repeatedly since mid-March, and a clean break above it would represent the first meaningful shift in the short-term structure.
For the bounce to show genuine strength, Ethereum needs to reach $2,228 at the 0.618 level, a 5.77% move from current prices. A close above $2,228 would confirm that the four metrics translated into a real trend shift rather than another failed bounce.
On the downside, $2,086 is the level that keeps the RSI divergence intact. Below that, $2,047 at the 0.236 level becomes the immediate floor. A break below $2,047 would expose $1,935 and suggest that the four converging metrics were not enough to overcome the broader bearish pressure.
A 12-hour close above $2,172 would confirm the bounce thesis that all four metrics are building toward. And for now, a failure to hold $2,086 would delay the setup and leave Ethereum price vulnerable to a retest of $1,935.
The post Ethereum Price Corrects but 4 Metrics Are Quietly Building a Bounce Case appeared first on BeInCrypto.
Crypto World
JPMorgan CEO says AI will transform banking faster than the internet era
Artificial intelligence is set to reshape banking, according to Jamie Dimon, who used his latest shareholder letter to outline how deeply the technology is expected to embed itself across JPMorgan Chase.
Summary
- AI is expected to reshape nearly every function at JPMorgan, with adoption likely to move faster than past technological shifts.
- The bank plans to increase technology spending to about $19.8 billion in 2026, with a significant share directed toward AI and supporting infrastructure.
“The importance of AI is real, and while I hesitate to use the word transformational—it is,” Dimon wrote, adding that adoption could move far faster than past innovations such as electricity or the internet.
Unlike those technologies, which took decades to scale, AI deployment “looks likely to accelerate over the next few years.”
Across JPMorgan, the integration effort is already underway, supported by rising technology investment. The bank expects to spend roughly $19.8 billion on technology in 2026, including artificial intelligence, data systems, and cloud infrastructure, according to a report by Business Insider. This figure builds on earlier commitments, with Dimon noting the firm had been allocating about $2 billion annually to AI initiatives as of late 2025.
“AI will affect virtually every function, application, and process in the company,” Dimon said, pointing to long-term gains in productivity.
He also tied the technology’s reach to broader economic and scientific progress, writing that it could help “cure some cancers, create new composites, and reduce accidental deaths,” alongside other improvements in quality of life.
“We will not put our heads in the sand,” Dimon wrote. “We will deploy AI, as we deploy all technology, to do a better job for our customers (and employees).”
Dimon also flagged threats tied to deepfakes, misinformation, and cybersecurity vulnerabilities, warning that missteps in handling the technology could carry lasting consequences.
“These risks are real, but they are manageable if companies, regulators, and governments prepare,” he wrote, cautioning against both overregulation after early failures and complacency in the face of emerging threats.
“The worst mistakes we can make are predictable: overreact at the first serious incident and regulate out important innovation, or underreact and fail to learn from what went wrong.”
He added that effective oversight would require preparation ahead of time and “discipline to fix what’s broken without destroying what works.”
AI could take away jobs
Besides the operational gains, AI’s effect on employment remains a central concern.
“AI will definitely eliminate some jobs, while it enhances others,” he wrote, adding that JPMorgan plans to redeploy affected workers where possible.
Demand for skilled labor, particularly in areas such as cybersecurity and AI development, remains strong, even as routine tasks become more automated.
Concerns about job displacement have grown across the industry. Anthropic CEO Dario Amodei warned earlier this year that advances in AI could remove up to half of entry-level professional roles within five years.
“I have engineers within Anthropic who say, ‘I don’t write any code anymore. I just let the model write the code, I edit it,’” he said at the time. “We might be six to 12 months away from when the model is doing most, maybe all, of what [software engineers] do end-to-end.”
Meanwhile, OpenAI recently called on governments to prepare for economic disruption tied to automation, urging new approaches to taxation, worker protections, and social support systems as AI adoption expands.
Crypto World
6 Crises Threaten to Cripple the Global Economy Amid Iran War
The US-Iran war has evolved beyond an energy crisis into a multi-front economic shock, with at least six simultaneous crises potentially threatening global financial stability.
Analyst Crypto Rover flagged the convergence of threats, arguing that the market is “heading towards an everything crisis.”
1. Food Crisis Brewing
The analyst noted that hedge funds have turned net bullish on wheat for the first time since June 2022. The Strait of Hormuz blockade has disrupted roughly 30% of the global seaborne fertilizer trade, sending urea prices up by about 50% since the war began.
With the planting season underway, AI analytics firm Helios warned that global food prices could rise 12% to 18% by the end of 2026.
2. Japanese Bond Market Stress
Meanwhile, Japanese bond yields continue hitting multi-decade highs, a pattern that the analyst says has historically preceded broader market crashes.
3. Private Credit Market Warning
Stress is also compounding in the private credit sector. BeInCrypto reported that many firms, including Blue Owl, BlackRock, and Apollo, have capped withdrawals amid rising redemption requests.
JPMorgan CEO Jamie Dimon has also warned that “losses on all leveraged lending in general will be higher than expected, relative to the environment.”
4. Subprime Loan Delinquencies Rising
Subprime loan delinquency rates have climbed to 10% of total outstanding debt, the highest level in 11 years, according to the Kobeissi Letter.
The rate has more than tripled since 2021, drawing comparisons to the Global Financial Crisis.
“The delinquency rate peaked at ~19% during the 2008 Financial Crisis, when subprime debt was $3.5 trillion and made up ~30% of total household debt. Today, subprime debt stands at $2.7 trillion, or ~15% of the total, still a significant proportion. An increasing number of Americans are falling behind on their debt,” the post read.
5. Growing Stagflation Signals
The surging oil prices have sparked concerns about inflation and even a potential recession. US consumer inflation expectations surged to 6.2% in March. This marked the highest reading since August 2025.
In addition, Saudi Arabia’s Aramco will increase its Arab Light crude price for May sales to Asia at a premium of $19.50 per barrel over benchmarks, according to Bloomberg.
“The expectations for inflation are going up globally. Today, Saudi Arabia sets record-high oil prices for Asia. This is a classic Stagflation case, and it ends up very badly for the economy,” Crypto Rover added.
6. Aluminum Crisis From Iran Strikes
Lastly, an industrial crisis is also shaping up. Iranian strikes on Gulf aluminum plants have pushed prices up more since the conflict began.
Emirates Global Aluminum (EGA) warned that full recovery at its Al Taweelah facility could take up to 12 months.
“Al Taweelah is one of the largest smelters in the world, producing 1.6 million tons of cast metal in 2025, or ~2.3% of global output. The Middle East now represents ~9% of global aluminum production, but the impact is amplified because constraints elsewhere have already eroded inventories, leaving the market with little buffer. Aluminum is used in everything from airplanes to food packaging and solar panels, meaning disruptions ripple far beyond the metals market,” Global Markets Investor reported.
Whether a ceasefire materializes may determine if these parallel crises remain contained or converge into something far larger.
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The post 6 Crises Threaten to Cripple the Global Economy Amid Iran War appeared first on BeInCrypto.
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