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Bitcoin hash rate drops in the first quarter after 6 years as miners shift to AI
Bitcoin’s steady, sustained growth trend in hash rate has just recorded a notable turning point as this metric first declined in the first quarter in 6 years. This development reflects mounting pressure on the mining industry, while also showing the impact it has on the sector.

The SEC still hasn’t said everything in its latest update on crypto
The recent “U-turn” by the U.S. Securities and Exchange Commission (SEC) in its approach to digital assets is real. However, according to lawyers at Gibson Dunn, the new details provided still aren’t enough to create a comprehensive adjustment that

Nearly half of Bitcoin's supply is currently at a loss as long-term investors sell off. The Bitcoin Impact Index has risen to 57.4, indicating significant market stress and potential for increased sell pressure if prices do not recover soon. This situation highlights investors' cautious sentiment and the fragile state of the market.

Ether (ETH), the native token of Ethereum, is warned to potentially decrease by up to 40%, approaching the 1,200 USD level within the next few weeks, according to an analysis of the fractal model by Leshka.eth.
Ethereum's structure signals a “bull trap”
The deep decline scenario to 1,200 USD is based on the Supertrend signal on the timeframe g

Lido DAO proposes to buy back LDO worth $20 million to support the price after a 95% drop
Prolonged selling pressure has caused the governance tokens of many DeFi protocols to fall into significantly thinner liquidity, forcing decentralized autonomous organizations to seek more decisive intervention solutions to stabilize the market

YoungHoon Kim, who claims an IQ of 276, predicts a surge for XRP to $100 despite skepticism regarding his forecasts. He controversially calls BTC merely a "meme coin" and has faced criticism for previous failed predictions.

Pierre Rochard warns that the U.S. regulatory approach to Bitcoin in the Basel III revision lacks clarity. He emphasizes the need for transparent criteria and data for banks to manage Bitcoin risks, cautioning that ambiguity may hinder financial innovation and compliance.

The U.S. Senate Banking Committee will hold a hearing to confirm Kevin Warsh as Fed Chair starting April 13. This is a significant step in the leadership appointment, with potential impacts on interest rates and inflation management. Investors await further Senate signals amid a volatile global economy.

Shiba Inu (SHIB) stabilized on Wednesday amidst a weakening crypto market, with a 4% increase in a week. The ecosystem shows growth with over 270 million wallets. Upgrades include server relocation and indexing, while SHIB's burn rate surged over 370%. The Ethereum-Shibarium bridge remains functional as Layer-3 development continues.

The current market is experiencing a chain reaction due to the war in Iran, leading to rising oil prices and increased inflation. Investors are seeking safer assets, with bonds emerging as a prominent choice. Short-term bonds are stable due to expectations of prolonged high interest rates from the Fed, while long-term bonds face volatility due to ongoing macroeconomic risks. This unique situation allows bonds to serve both defensive and profitable roles, attracting capital away from riskier assets like stocks and Bitcoin amidst persistent inflation and geopolitical pressures.

Ripple's CEO Brad Garlinghouse highlighted the company's growth phase amid a volatile crypto market, revealing major acquisitions and substantial payment volumes. He sees a significant opportunity in moving traditional finance to on-chain solutions, emphasizing the advantages of stablecoins for instant transactions and aiming to build a digital financial infrastructure beyond just XRP.

Bitcoin Cash (BCH) dropped 5% following a whale's sale of 60,000 BCH, highlighting market sensitivity to large sell-offs. A significant liquidation exacerbated the decline, revealing ongoing pressure from large holders. Without support, BCH may experience continued volatility.

Recent on-chain data shows a clear shift in how demand is forming around Hyperliquid (HYPE). A "whale" deposited 4 million USDC, then purchased approximately 56,208 HYPE for a total value of about 2.1 million USD at a price of 38.21 USD.
Notably, the accumulation process did not stop at a single transaction.

About 15-20% of global Bitcoin miners are under financial pressure due to a sharp drop in hash price from BTC corrections and record network difficulty. Legacy miners face potential losses, risking equipment sales or shutdowns if conditions worsen. Only those with strong balance sheets or cheap electricity may survive long-term.

A U.S. court has allowed a class action lawsuit against Nvidia to proceed, focusing on allegations that the company did not fully disclose the impact of crypto mining on its revenue. This follows a previous $5.5 million fine from the SEC over similar disclosure issues. The lawsuit highlights ongoing concerns about Nvidia's revenue dependence on crypto demand, amid increasing scrutiny from regulators and investors on how tech companies present growth sources.

Irish police recovered approximately $35 million in Bitcoin from the lost wallet of a drug dealer, highlighting the risks of self-storing digital assets. The dealer had carelessly hidden the private key, which was eventually thrown away.