So, Plasma’s TVL is up 27% weekly and 80% monthly, which is basically the blockchain equivalent of losing 10 pounds and getting a promotion. All thanks to Tether’s wallet, which launched on April 14 and said, “Plasma, you’re in!” alongside Ethereum, Polygon, and Arbitrum. Talk about a glow-up.
In the shadow of Bitcoin’s struggle, the lesser creatures of the crypto herd-Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and XRP-have followed suit, their steps faltering at their own barriers. Together, they stand, a motley crew of hopefuls, eyes fixed on the horizon but feet stuck in the mud.
The SEC CLARITY Act roundtable kicked off today, revealing the path ahead for the bill since the Senate returned from its Easter recess on April 13. While today’s session is not a vote or formal markup, it features the very commissioners who will implement the CLARITY Act once it passes through Congress, should they decide to be generous.
In a charming little update shared on Discord by our ever-enthusiastic community member Rayyan, Qubic’s tech lead Joetom spilled the beans. Phase 2 has officially commenced with the grand flourish of epoch 209. “Each computor,” he quipped, “can operate in either legacy XMR mode or Doge mode.” How delightfully binary! He further enlightened us with: “For every computor index, only one contribution is counted: max(XMR, DOGE).” A rather ingenious way to ensure that no one’s feelings are hurt during the transition, I daresay-no dual counting allowed in this refined soirée!
Realized daily profits, a mere $500 million, hover like vultures awaiting their feast. CryptoQuant, the oracle of blockchain, proclaims that $1 billion is the line in the sand, the point where greed and fear collide, birthing local peaks. Should Bitcoin approach its realized price of $76,800, this ceiling may shatter, unleashing a torrent of selling pressure-a cold shower for the rally’s fevered dreams.
Hyperbridge, the “fully decentralized” protocol that somehow isn’t fully secure, just updated everyone on their April 13 exploit. The team took to X (formerly Twitter) to announce the loss estimate went from “oh no, $237K” to “oh HELL no, $2.5M.” Classic!
I’ve been looking at some data from CryptoQuant, specifically from an analyst called Darkfost, and it’s pretty interesting. Apparently, the amount of Bitcoin going *into* Binance is way down – we’re talking levels we haven’t seen since 2020. Right now, the 30-day average of BTC deposits to Binance is only around 3,998. That’s a big change, and it’s happening whether the market’s been going up, down, or sideways, which makes it even more noticeable.
Tether’s puttin’ up $127.5 million, and the other partners are good for $20 million. They’re callin’ it a “revenue-linked credit facility,” but let’s call a spade a spade-it’s a bailout with a side of hope and prayers. Drift’s switchin’ from Circle’s USDC to USDT, like a fella tradin’ in a leaky rowboat for a steamboat (though the jury’s still out on whether this one’s got holes too).
The latest moves of our dear $BTC resemble a determined athlete stretching before a race. Yes, the signals are promising, as the 4-hour Stochastic RSI indicators take a downward stroll, while the price clings desperately above the sturdy $74,000 support like a cat stuck in a tree. Should it manage to cling on until those indicators hit rock bottom, we might just witness a bounce that sends this crypto beast soaring to the heights of its bear flag. It’s a gripping drama, is it not?
Throughout most of 2025, discussions about digital tokens linked to the US dollar focused on how easily they could be used for payments, whether they would encourage competition among banks, and what regulations would look like. However, in a recent interview with Reuters in Hong Kong, Circle CEO Jeremy Allaire described the issue as much larger – a developing competition between currencies, especially given increasing global political instability.