Bitcoin’s 24/7 liquidity: Double-edged sword during global market turmoil

Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest US trade tariff announcement.

Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable payments and trading opportunities 24/7 thanks to the accessibility of blockchain technology.

After a record-breaking $5 trillion was wiped from the S&P 500 over two days — the worst such drop on record — Bitcoin remained above the $82,000 support level. But by Sunday, the asset had plummeted to under $75,000.

Sunday’s correction may have occurred to due Bitcoin being the only large tradable asset over the weekend, according to Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock. 

“There was a bit of optimism last week that Bitcoin might be uncorrelating and

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Can Pi Network succeed without listing on major exchanges?

No Binance listing for Pi

Despite massive community support and over 2 million votes pushing for a Binance listing, Pi Network’s native token remains unlisted and unheard by the exchange as of April 2025.

Pi Network launched with a bold, although somewhat farfetched mission: make cryptocurrency mining accessible to anyone with a smartphone. No expensive hardware, no complicated setup — just a simple tap once a day.

While the idea would have Hal Finney turning in his grave, the concept gained traction quickly, drawing in millions of users around the world and building one of the largest crypto communities to date.

Naturally, as interest in the project grew, expectations around listing on major exchanges — especially Binance — began to build.

In fact, more than 2 million of Pi Network’s users participated in a community poll in early 2025, with 86% voting in favor of pursuing

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Trump administration reportedly shutters DOJ’s crypto enforcement team

The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET).

NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen the document in an April 8 report. The official is quoted saying in the note:

“The Department of Justice is not a digital assets regulator. However, the prior Administration used the Justice Department to pursue a reckless strategy of regulation by prosecution.”

Blanche is the second-highest-ranking official in the DOJ and served as US President Donald Trump’s defense attorney in high-profile cases, including the New York hush money case and federal cases related to classified documents and the 2020 election.

Related: Trump tariff negotiations are

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Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B

Blockchain-based payments network Ripple announced it has acquired crypto-friendly prime broker Hidden Road in one of the largest mergers in the cryptocurrency industry to date.

Ripple is acquiring Hidden Road in a $1.25 billion deal, the company officially announced on April 8.

The deal will make Ripple the first crypto firm to own and operate a global, multi-asset prime broker. According to the company’s April 8 announcement, the acquisition is expected to position Ripple as the world’s largest non-bank prime broker, with Hidden Road currently clearing more than $3 trillion across more than 300 institutions.

The acquisition also aims to reinforce the position of Ripple USD (RLUSD), an institution-focused stablecoin launched by Ripple in December 2024.

Ripple has been a Hidden Road customer for years

Ripple has been a customer of Hidden Road for years and “knows their breadth of expertise firsthand,” Ripple CEO Brad

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Web3 active developers drop nearly 40% in one year

Weekly active developers in the crypto space dropped by almost 40% in one year as “narrative-led” developments took over the industry. 

Crypto data and analytics platform Artemis Terminal shows that on March 17, 2024, the number of active developers tagged on open-source repositories in a week was 12,380. The number dropped to around 7,600 on March 16, signaling a 38.6% drop in weekly active developers in one year. 

The number of active developers working across over 1,500 ecosystems is used as an indicator of the Web3 ecosystem’s overall health. Developer activity suggests increased innovation and maintenance of protocols, which contributes to long-term sustainability. 

Weekly active developers in the crypto space. Source: Artemis Terminal

Community calls for more developer-led narratives

The drop in developer activity across the Web3 space spurred calls for more developer-led narratives on social media. 

On X, Optimism contributor Binji Pande said the drop

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How to use ChatGPT to turn crypto news into trade signals

Key takeaways

ChatGPT can analyze crypto news headlines and generate actionable trade signals, helping traders make faster and more informed decisions.

Well-crafted prompts are essential — the more specific your instructions, the more accurate and useful ChatGPT’s responses will be.

News-based signals work best when combined with broader market context, like Bitcoin trends or altcoin momentum, for a complete trading picture.

AI is a tool, not a guarantee — always verify its insights with other research, charts and risk management practices before executing trades.

The cryptocurrency market moves fast, and staying ahead of the curve can feel overwhelming — especially for beginners. News plays a huge role in driving crypto prices, but how do you sift through the noise and turn it into actionable trade signals

Enter ChatGPT, a powerful AI tool that can help you analyze crypto news and spot opportunities. This guide will walk

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Trump tariff negotiations are ‘all about’ China deal — Raoul Pal

Global trade tensions triggered by US President Donald Trump’s sweeping tariff measures may come to an end with a potential deal with China as investors remain concerned about escalation from both sides.

Trump’s April 2 announcement of reciprocal import tariffs sent shockwaves through global equity and crypto markets. The measures include a 10% baseline tariff on all imported goods, effective April 5, with higher levies — such as a 34% tariff on Chinese imports — set to begin on April 9.

However, the tariff negotiations may only be “posturing” for the US to reach an agreement with China, according to Raoul Pal, founder and CEO of Global Macro Investor.

“In the end, almost all the other tariff negotiations and rhetoric are all about getting China to agree a deal,” Pal wrote in an April 8 X post, adding:

“That is the big prize and

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MEV bot loses $180K in ETH from access control exploit

A maximal extractable value (MEV) bot lost about $180,000 in Ether after an attacker exploited a vulnerability in its access control systems. 

On April 8, blockchain security firm SlowMist reported that the MEV bot lost 116.7 Ether (ETH) because of the lack of access control. Threat researcher Vladimir Sobolev, also known as Officer’s Notes on X, told Cointelegraph that an attacker exploited a vulnerability in the bot, causing it to swap its ETH to a dummy token. 

Sobolev said this was done through a malicious pool created by the attacker within the same transaction. The threat researcher added that this could have been prevented if the MEV owner implemented stricter access controls. 

Just 25 minutes into the exploit, the MEV’s owner proposed a bounty to the attacker. The owner then deployed a new MEV bot with stricter access

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Panicked Bitcoiner mistakenly pays over $70K of BTC in fees

One presumably panicked Bitcoin user paid nearly 0.75 BTC ($70,500) in a replace-by-fee (RBF) transaction fee.

The transaction in question was sent about 30 minutes after midnight UTC on April 8. It was the second attempt at performing an RBF that changed the transaction’s target address, sending 0.48 Bitcoin ($37,770) with 0.2 BTC of change ($16,357).

Second Bitcoin RBF transaction. Source: Mempool.Space

Anmol Jain, vice president of investigations at crypto forensics firm AMLBot, told Cointelegraph that the original transaction featured a “default or conservative” fee. The first RBF raised the fee to nearly double the amount and changed the output address.

Both of those transactions are waiting for a confirmation that will never come. This is because the much higher fee RBF transaction took its place with the same output as the second RBF transaction — presumably,

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Bitcoin may rival gold as inflation hedge over next decade — Adam Back

Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty, according to Blockstream CEO Adam Back.

Speaking during a fireside chat with Cointelegraph managing editor Gareth Jenkinson at Paris Blockchain Week 2025, Back said rising inflation and monetary instability across global economies will drive broader Bitcoin (BTC) adoption.

He compared the cryptocurrency to gold, noting its scarcity and growing recognition as a store of value despite its 30% correction from its all-time high above $109,000.

“Bitcoin has the advantage of being like gold — it’s a scarce asset but also undergoing an adoption curve,” he said.

Inflation continues to plague global economies, with major currencies like the US dollar and the euro seeing their supplies rise by more than 50% over the past five years — a development that may drive Bitcoin’s

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