Markets

Bitcoin price on April 12 (CoinDesk)
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report.
Bitcoin price on April 12 (CoinDesk)

BCH's price chart. (CoinDesk)
Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving
Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.
BCH's price chart. (CoinDesk)

Hong Kong harbor skyline view into Kowloon
Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.
Hong Kong harbor skyline view into Kowloon

Aptos price through the week to April 11 (CoinDesk)
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Unlocks are scheduled releases of previously locked-up cryptos to prevent early investors and insiders from selling tokens in large numbers.
Aptos price through the week to April 11 (CoinDesk)

Howard Lutnick, Cantor Fitzgerald's chairman and CEO
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
Howard Lutnick, Cantor Fitzgerald's chairman and CEO

16:9 Crop: Bull and Bear (nosheep/Pixabay)
Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins
The broad-based CoinDesk 20, a liquid index of the biggest tokens, minus stablecoins, was down 3%.
16:9 Crop: Bull and Bear (nosheep/Pixabay)

Airdrop expectations are boosting usage of Friend.Tech. (ian dooley/Unsplash)
Friend.Tech Money Metrics Surge Ahead of Potential Airdrop, V2 Release
The social application was one of the biggest blockchain-based platforms by revenue for a short period last year before usage dropped off. A new version is bringing the hype b...
Airdrop expectations are boosting usage of Friend.Tech. (ian dooley/Unsplash)

Bitcoin price on April 9 (CoinDesk)
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
Bitcoin price on April 9 (CoinDesk)

Bitcoin supply last active 1+ years ago. (Glassnode)
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%
The decline likely represents profit-taking by investors who held coins for one year and over and marks a shift from the holding strategy seen through 2023.
Bitcoin supply last active 1+ years ago. (Glassnode)

The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)
Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst
Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.
The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)