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  • Weekly Critical Report for Bitcoin (BTC) and Altcoins is Here! XRP Pulls Off a Big Surprise! – This Major Altcoin Lags Behind Again!

    Weekly Critical Report for Bitcoin (BTC) and Altcoins is Here! XRP Pulls Off a Big Surprise! – This Major Altcoin Lags Behind Again!

    Bitcoin and altcoins started the new week with gains following US President Donald Trump’s indication of a possible ceasefire. However, this rise was short-lived. Trump gave Iran two days to open the Strait of Hormuz, and that deadline expires today.

    This increases uncertainty and limits the rise in Bitcoin (BTC) and altcoins.

    While the market closely follows today’s developments between the US and Iran, Coinshares has released its cryptocurrency report, stating that there was a $224 million inflow last week.

    “There was a $224 million inflow into cryptocurrency investment products, but the momentum reversed towards the end of the week due to stronger macroeconomic data and hawkish expectations.”

    $XRP Makes a Huge Surprise Attack, Outperforming Bitcoin!

    Looking at crypto funds individually, $XRP made a significant surge in inflows, outpacing Bitcoin.

    Bitcoin saw inflows worth $107.3 million, while $XRP experienced inflows worth $119.6 million.

    Ethereum (ETH) experienced an outflow of $52.8 million.

    Looking at other altcoins, Solana (SOL) saw inflows of $34.9 million and Chainlink (LINK) saw inflows of $0.1 million.

    “$XRP recorded its largest inflows ever, reaching $119.6 million, the highest inflow figure since mid-December 2025.”

    Bitcoin saw a total inflow of $107.3 million, showing an improvement compared to the poor start to the month.

    Solana also saw inflows totaling $34.9 million last week.

    Ethereum continues to lag behind, with outflows totaling $52.8 million last week due to investors assessing the negative news stemming from the Clarity Act.

    Looking at regional fund inflows and outflows, the picture was surprising. Switzerland ranked first with an inflow of $157.5 million.

    After Switzerland, Germany ranked second with $27.7 million in inflows, while the US, the leading country in inflows, came in third with $27.5 million.

    These entries saw minor exits from the Netherlands and Sweden.

    *This is not investment advice.

  • Institutional Investor Interest in Spot ETFs in the Cryptocurrency Market Soars! Here Are the Latest Data

    Institutional Investor Interest in Spot ETFs in the Cryptocurrency Market Soars! Here Are the Latest Data

    Investor interest in spot ETFs in the cryptocurrency market continues to grow. According to the latest data, Bitcoin spot ETFs recorded a total net inflow of $471 million on April 6th. The data was shared by the market analysis platform SoSoValue.

    The highest daily net inflow was recorded in the IBIT ETF offered by BlackRock. IBIT topped the list with a net inflow of $182 million in a single day, bringing its total cumulative net inflow to $63.29 billion. It was followed by the FBTC ETF managed by Fidelity. FBTC generated a net inflow of $147 million on the same day, bringing its total net inflow to over $11.1 billion.

    Looking at the overall picture, the total net asset value of Bitcoin spot ETFs has risen to $90.25 billion. This figure represents approximately 6.46% of Bitcoin’s total market capitalization. Furthermore, it has been reported that the historical total net inflow into these products has reached $56.4 billion.

    On the other hand, Ethereum spot ETFs also performed strongly. A total net inflow of $120 million was recorded on the same day, with no outflows reported in any of the 10 ETFs in the market. BlackRock’s ETHA ETF again saw the highest inflow of the day with $60.8 million, while Fidelity’s FETH product came in second with $40 million.

    Ethereum spot ETFs have reached a total net asset value of $12.28 billion, representing approximately 4.74% of Ethereum’s market capitalization. Experts note that strong inflows into ETFs indicate continued institutional investor interest.

    *This is not investment advice.

  • Following the Major Hacking Incident, the Solana (SOL) Foundation Made Two Big Announcements! Here Are the Details

    Following the Major Hacking Incident, the Solana (SOL) Foundation Made Two Big Announcements! Here Are the Details

    As hacking incidents continue to increase in the cryptocurrency sector, projects are still trying to take precautions against them.

    At this point, the latest move came from Solana. Accordingly, the Solana Foundation launched its new initiatives aimed at ecosystem security.

    The Solana (SOL) Foundation has partnered with Asymmetric Research to launch two new initiatives, STRIDE and SIRN, to strengthen DeFi security.

    “The Solana Foundation has a long history of allocating resources to ensure the provision of security services and tools to the ecosystem, and today’s announcement further reinforces that commitment.”

    According to the official statement, STRIDE is a security program that assesses and monitors the security level of Solana-based projects, and also provides intervention capabilities in the event of an incident.

    Stride evaluates projects based on a total of eight criteria: “program security, governance and access control, oracle and dependency risk, infrastructure security, supply chain security, operational security, monitoring and incident response, and log management and forensic analysis.”

    The Solana Foundation added that the evaluation results would be transparently communicated to users and investors regarding the protocol’s security level.

    SIRN is a network of professional security firms established to provide immediate response to security incidents.

    This measure was taken following a recent major cyberattack. As is known, Drift Protocol, a Solana-based derivatives trading protocol, suffered approximately $280 million in losses due to an attack carried out by an organization believed to be linked to North Korea.

    *This is not investment advice.

  • Bitcoin ETF inflows hit highest level since February

    Bitcoin ETF inflows hit highest level since February

    Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month.

    Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily total this year. The figure remains below January’s peak flow regime, when multiple trading days topped $700 million.

    These high inflows come as bitcoin continues to stall below $70,000, with weak spot demand and distribution by large holders capping upside. ETFs have increasingly offset that pressure, acting as a primary source of marginal buying.

    Macro signals offer limited direction. Markets are pricing a 98% probability that the Federal Reserve will hold rates steady at its April meeting, according to Polymarket data, with minimal expectations for near-term cuts or hikes.

    Bitcoin’s relationship with global monetary policy may be shifting, with ETFs changing not just the scale of demand but its timing.

    A recent Binance Research report finds bitcoin’s correlation with its Global Easing Breadth Index, which tracks 41 central banks, has turned sharply negative since 2024, the same year U.S. spot ETFs were approved. Before then, bitcoin tended to follow easing cycles with a lag. That relationship has now flipped, with the inverse effect nearly three times stronger.

    The shift reflects who sets the marginal price. Retail once reacted to macro after the fact. ETF-driven institutional flows are more forward-looking, positioning ahead of expected policy moves.

    “BTC may have evolved from a macro ‘lagging receiver’ to a ‘leading pricer,’” Binance Research wrote.

    ETF inflows continue to absorb supply and anchor prices, which could explain the continued daily inflow.

    If what Binance Research proposes holds, bitcoin may keep trading as a forward-looking asset, pricing in central bank pivots before traditional markets rather than reacting to them after the fact.

  • Abra CEO Bill Barhydt: “We Haven’t Seen the True Bottom in Bitcoin Yet; It Could Drop This Far”

    Abra CEO Bill Barhydt: “We Haven’t Seen the True Bottom in Bitcoin Yet; It Could Drop This Far”

    Abra CEO Bill Barhydt, a seasoned figure in the cryptocurrency world, assessed Bitcoin’s current market state, upcoming macroeconomic developments, and the future of the sector. According to Barhydt, the final “capitulation” phase may not have occurred in the market yet.

    Bill Barhydt noted that Bitcoin has been trading in a narrow range for some time, drawing attention to the question of whether the market is in an accumulation phase or a period of calm before a new wave of decline. Barhydt stated, “I wouldn’t be surprised to see a downward breakout with a capitulation move,” pointing to the $50,000-$55,000 range.

    Related News Company That Previously Purchased a Large Amount of Bitcoin Sells BTC: Says It May Sell More

    However, he added that such a decline would remain a “shallow bear market” given Bitcoin’s historical volatility.

    Barhydt argued that the focus should be on the major transformation in financial infrastructure rather than short-term price movements. Stating that the perspective of traditional finance (TradFi) giants towards cryptocurrency has completely changed, the CEO said:

    “In the future, everything will be tokenized. From Tesla shares to SpaceX shares, from Bitcoin to real estate, all portfolio structures will be managed through tokens.”

    *This is not investment advice.

  • Kalshi Scores Biggest Legal Win Yet in Appeals Court Decision Against New Jersey

    Kalshi Scores Biggest Legal Win Yet in Appeals Court Decision Against New Jersey

    In brief

    • Kalshi won a major appeals court ruling that its sports-related markets should be federally regulated.
    • The court said oversight belongs to the CFTC, not state gambling authorities like New Jersey’s.
    • The decision strengthens Kalshi’s position in a broader national legal battle likely headed to the Supreme Court.

    A federal appeals court in Philadelphia handed a significant victory to Kalshi Monday, ruling that New Jersey has no claim to regulate the prediction market under existing state gambling laws.

    Wagers on Kalshi—including those related to sports—instead fall under the federal purview of the CFTC, a panel of federal appeals judges ruled 2-1 on Monday.

    The appeals court affirmed a preliminary injunction granted last spring against New Jersey, after gambling regulators in the state sent Kalshi a cease-and-desist order. The state regulators had argued Kalshi’s sports-related markets were unregistered sports bets by another name; Kalshi argued they were event contracts exclusively regulated by the CFTC.

    Last April, a federal judge in New Jersey sided with Kalshi, ruling New Jersey could not enforce a ban on the platform as the case proceeded to trial—becuase Kalshi was likely to succeed on the merits of its case.

    Today, two appellate judges came to the same conclusion, affirming the judge’s original ruling. They are Chief Judge Michael A. Chagares, who was appointed to the Third Circuit Appeals Court by former President George W. Bush, and Judge David J. Porter, who was appointed by President Donald Trump.

    The sole dissenting judge in today’s ruling, Jane R. Roth, lambasted her colleagues’ decision, arguing that although Kalshi’s sports-related wagers are registered as event contracts, that one factor does not change their inherent nature as bets on the outcomes of sports games.

    “The Majority [holds] that Kalshi’s registration as a DCM and branding of its wagers as sports-event contracts are acts of alchemy that transmute its products from sports gambling to futures trading,” Roth dissented. “I see Kalshi’s actions as a performative sleight meant to obscure the reality that Kalshi’s products are sports gambling.”

    Roth was appointed to the court in 1991 by former President George H.W. Bush.

    “The Third Circuit ruled in Kalshi’s favor. People use prediction markets because they’re more fair, transparent, and reward being right,” Kalshi co-founder and CEO Tarek Mansour wrote on X. “Free markets work. We should keep them that way. This is a big win for the industry and millions of users.”

    Kalshi posted to Mansour’s post when reached by Decrypt for comment on today’s ruling.

    As a U.S. Appeals Court decision, today’s ruling can only be appealed to the U.S. Supreme Court—unless the 3rd Circuit opts for a rare en banc review, in which every judge on the circuit would collectively rehear the case.

    For over a year now, state and federal courts across the country have come to vastly differing conclusions in the jurisdictional dispute over prediction market regulation. Nevada, for instance, recently succeeded in temporarily banning Kalshi in the gambling-dominated state. On Friday, a state judge extended that initial 14-day ban for another two weeks.

    Meanwhile, the Trump administration has aggressively argued that prediction markets should not have to comply with state gambling laws. Last week, the Trump CFTC, along with the Department of Justice, sued Illinois, Arizona, and Connecticut for attempting to regulate prediction market platforms.

    Due to the extent of the disagreement, the matter of prediction market regulation is likely to ultimately be decided by the Supreme Court.

    Editor’s note: This story was updated after publication to include comments from Kalshi.

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  • Circle’s Arc Network Reveals Quantum Resistance Plans as Bitcoin, Ethereum Face Threat

    Circle’s Arc Network Reveals Quantum Resistance Plans as Bitcoin, Ethereum Face Threat

    In brief

    • Arc Network will launch its mainnet with built-in post-quantum signature support.
    • The phased roadmap targets full quantum resistance across wallets, validators, and infrastructure.
    • Experts predict quantum computers could break current cryptography within a few years, with Google seeing a real threat to Bitcoin by 2032.

    Arc, an upcoming layer-1 blockchain backed by USDC stablecoin issuer Circle, announced that its impending mainnet launch will come with post-quantum signature support—part of a broader roadmap to address growing concerns about quantum computing threats to cryptocurrency.

    The Ethereum Virtual Machine-compatible blockchain aims to protect institutional digital assets from future quantum attacks that could break current cryptographic systems.

    The network’s roadmap spans wallets, private smart contract state, validator authentication, and supporting infrastructure. Unlike approaches that would force disruptive network-wide resets, Arc’s design is opt-in with no mandatory migration required, according to the company.

    Post-quantum signature support will arrive alongside the forthcoming mainnet launch, while quantum-resistance private state protection is noted as a “near-term” enhancement. Post-quantum-designed infrastructure will come later, followed by the “long-term” improvement of validator signature hardening.

    The technical challenges are significant. While classical signatures measure 64-65 bytes, post-quantum signatures can be an order of magnitude larger. Arc’s sub-second block finalization leaves attackers only a 500 millisecond window to forge validator signatures. The roadmap document emphasizes that blockchains need quantum-resistant protections across every layer of the stack, not just at the wallet level.

    The move highlights challenges facing established networks—Bitcoin’s migration to post-quantum wallets alone could take months of continuous processing in a best-case scenario, Arc’s documentation states.

    “The organizations that lead this transition will be the ones that started building before the urgency became undeniable,” Arc’s post reads. The technical complexity of quantum-resistant migrations poses significant hurdles for networks with large user bases and extensive infrastructure.

    The quantum threat has gained urgency as “Q-Day”—when quantum computers could break public-key cryptography—approaches. The National Institute of Standards and Technology has warned about “harvest now, decrypt later” attacks, where adversaries collect encrypted data today to decrypt once quantum computers become powerful enough.

    Most major blockchain networks lack adequate preparation for quantum threats that could render current security obsolete, making proactive approaches increasingly critical for protecting long-lived digital assets.

    Bitcoin developers have discussed potential mitigation solutions for years, with a Bitcoin Improvement Proposal (BIP 360) recently gaining traction. Meanwhile, Ethereum developers have coalesced around a roadmap championed by co-founder Vitalik Buterin and the Ethereum Foundation, with plans to implement quantum resistance before it’s a problem.

    The price of ALGO has surged over the last week after the Algorand blockchain was cited in a Google research paper about post-quantum cryptography. Google recently said that the quantum threat to Bitcoin could take root by 2032, even sooner than previously projected.

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  • India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years

    India is intensifying scrutiny of cryptocurrency activity as tax authorities flag system-estimated income that may not reflect actual profits, issuing reassessment notices that could reopen past filings and pressure traders to justify discrepancies.

    Key Takeaways:

    • India is issuing Section 148A notices that can reopen past crypto filings for review.
    • Systems may flag estimated income that does not reflect actual profits, increasing exposure.
    • Data mismatches across exchanges and tax filings can escalate scrutiny and potential penalties.

    India Crypto Tax Notices Target Past Reporting Gaps

    Indian tax authorities are stepping up enforcement efforts targeting cryptocurrency transactions, especially those from earlier financial years now under review. Section 148A notices are reportedly being issued to taxpayers where discrepancies in reported income are flagged through advanced title=”Learn about Cryptocurrencies” target=”_blank”>Crypto tax platform Koinx shared on April 6 insights about these developments. The company stated on social media platform X:

    “148A notices are now being issued to crypto investors in India.”

    “Many relate to FY 2021–22 transactions,” the crypto tax platform affirmed, clarifying: “This number is often $NOT your actual profit. It’s just what the system thinks is income … Until you prove otherwise.”

    The firm explained that such notices are triggered when authorities detect inconsistencies in financial data. The flagged amounts often reflect system-derived estimates rather than confirmed taxable profits.

    Automated Systems Flag Crypto Volume as Income Risks

    Koinx detailed how India’s Income Tax Department evaluates crypto activity using internal surveillance systems and risk engines. The Insight Portal and CRIU infrastructure analyze financial activity across multiple datasets. These systems compare PAN-linked KYC details, exchange trading activity, bank transfers, and filed income tax returns. Any mismatch across these sources can trigger a notice under Section 148A for further review. The company emphasized that the taxpayer’s response determines whether reassessment proceeds, stating:

    “A 148A notice is not a tax demand yet. It’s a show-cause notice. Meaning the department is asking: ‘Explain why we should not reopen your assessment.’
    Your response determines what happens next.”

    The firm also highlighted structural issues when traders use multiple exchanges and wallets across different platforms. For example, the firm outlined a common transaction path where assets move across Coinswitch, Binance, private wallets, and Wazirx. In such scenarios, the tax system may capture only one segment of the transaction chain rather than the complete flow. This limited visibility can lead to mismatched records and inflated income assumptions. As a result, fragmented tracking may misrepresent actual trading activity and overstate income levels. Authorities often interpret gross turnover as income rather than net profit.

    In one example, a trader may have executed transactions totaling ₹1.6 crore (approximately $172K) in volume during the year. The actual profit from those trades could be only ₹4–5 lakh (approximately $4,300–$5,400) after accounting for costs and losses. However, the system may initially flag the entire ₹1.6 crore (approximately $190,000) as deemed income until the taxpayer provides clarification.

    Koinx urged that recipients should remain calm and act promptly to address the notice with accurate data. The tax firm stated: “If you receive this notice, do $NOT panic.” The platform advised reconstructing complete transaction histories, calculating actual gains or losses, preparing accurate tax computations, and submitting supporting evidence. Noting that proper documentation and timely responses remain critical as enforcement systems continue expanding, the company concluded:

    “Most notices can be resolved if your data is correct.”

  • Solana Foundation launches STRIDE and SIRN DeFi security programs

    Solana Foundation launches STRIDE and SIRN DeFi security programs

    Solana Foundation has launched a broader security expansion for its DeFi ecosystem, introducing STRIDE and the Solana Incident Response Network, or SIRN, as part of a wider push to strengthen protocol standards, monitoring, and crisis response across the network.

    Solana was built for security. As the ecosystem scales, so does our investment in the tools, standards, and support.

    Today that commitment deepens with a new security program, active monitoring, formal verification for top protocols, and a new crisis response network.

    Learn… pic.twitter.com/17M4TgqpsQ

    — Solana Foundation (@SolanaFndn) April 6, 2026

    The initiative, led with Asymmetric Research, includes public security evaluations, continuous threat monitoring for protocols with more than $10 million in TVL that pass review, and foundation-funded formal verification for protocols with more than $100 million in TVL.

    Solana Foundation says STRIDE and SIRN build on security resources it has been rolling out over the past few years, including ecosystem support tools and monitoring services already available to builders at no cost.

    The rollout comes less than a week after Drift Protocol suffered a $286 million exploit, which Elliptic said showed indicators consistent with prior DPRK linked operations. Elliptic also cited preliminary findings that pointed to compromised administrator private keys, reinforcing the idea that DeFi failures often extend beyond smart contract code and into governance, access control, and operational security.

    In Solana’s own description, the program is designed not just to review code, but to evaluate protocols across a broader security framework, publish findings publicly, and give qualifying projects ongoing operational security and active threat monitoring before suspicious activity turns into a larger incident.

  • Analysis Company Comments on the Recent Rise in Bitcoin (BTC) and Altcoins! Will it Continue or is it Temporary?

    Analysis Company Comments on the Recent Rise in Bitcoin (BTC) and Altcoins! Will it Continue or is it Temporary?

    Despite geopolitical tensions in the Middle East that have lasted for over a month, the cryptocurrency market is showing a stable trend compared to assets like gold.

    Today, Trump once again postponed his decision regarding Iran, extending the deadline for potential attacks on Iranian energy infrastructure to Tuesday, marking the fourth postponement. He stated that if the Strait of Hormuz is not opened by this timeframe, he will attack Iran very harshly, while also noting that negotiations for a 45-day ceasefire are ongoing.

    Despite these new developments and the continuing uncertainty, Bitcoin (BTC) and altcoins started the new week with gains.

    Analysis firm QCP Capital assessed the current situation and stated that Bitcoin has become accustomed to uncertainty.

    The analysis firm stated that the escalation of tensions would have serious consequences, including economic and humanitarian ones, but that markets were increasingly taking the seriousness of this risk less seriously.

    “Market participants are becoming increasingly accustomed to the recurring pattern of increased tension over the weekend followed by signs of easing at the start of the week, and they are adjusting their positions accordingly.”

    Analysts note that the likelihood of these risks materializing in the short term is limited, suggesting that the cryptocurrency market underestimated the tensions with Iran and consequently experienced a rise.

    Overall, despite ongoing geopolitical tensions, approaching deadlines, and increasing negative rhetoric, cryptocurrency markets continue to show resilience rather than panic. Bitcoin and cryptocurrency prices are stabilizing rather than coming under pressure.

    On the institutional front, capital from institutions continues to support the markets: Bitcoin ETFs saw net inflows of approximately $1.32 billion in March.

    In conclusion, the analysis firm stated that despite the increasing uncertainty, the market as a whole is currently in “risk-taking” mode, but investors are not yet fully prepared for an escalation of conflict in the near term.

    However, it remains uncertain whether today’s rally in Bitcoin and the cryptocurrency market will continue. According to the analysis firm, the sustainability of this rise will be tested when US markets reopen after the Easter holiday.

    *This is not investment advice.