Author: CryptoPress
Algorand’s native token, ALGO, dropped 10% over the last 24 hours, hitting a low of $0.11 after a week of outperformance driven by quantum-resistance narratives.
Bitcoin and major altcoins like ETH and XRP fell as rising oil prices and fading ceasefire hopes in the Middle East pressured risk assets.
Bitcoin struck a low of $68,157 before a mild rebound, while total market liquidations climbed amid a shift in investor sentiment.
The crypto...
Chaos Labs exits Aave following governance rift and V4 transition concerns
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Chaos Labs announced its departure from the Aave DAO on Monday, ending a three-year tenure as the protocol’s primary risk management provider.
The exit follows similar departures from BGD Labs and the Aave Chan Initiative (ACI), leaving the lending platform without its three largest independent contributors.
Chaos cited a fundamental misalignment over the scope of Aave V4, lack of profitability, and a breakdown in governance transparency as...
Weekly Snapshot – Bitcoin’s Geopolitical Rebound
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Bitcoin surged to roughly $69,120 on April 6 after traders returned from the Easter break to news of potential 45-day Iran ceasefire talks. The move squeezed $196 million in shorts and lifted the total crypto market cap back above $2.5 trillion. Major tokens followed: Ethereum rose 3.7% to $2,130, Solana gained 2% to $82, and XRP added 2.2% to $1.34. The relief came after weeks of suppressed volatility caused by U.S.-Israel-Iran tensions that...
Oil Prices Dip as Pakistan-Led Mediators Push 45-Day Ceasefire for Strait of Hormuz
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Brent crude oil fell 0.8% to $108.09 per barrel as markets reacted to a potential diplomatic breakthrough in the Middle East.
Mediators from Pakistan, Egypt, and Turkey have proposed a 45-day ceasefire to reopen the Strait of Hormuz, a critical maritime chokepoint.
The diplomatic push comes as President Donald Trump issued a Tuesday night deadline to target Iranian power plants and bridges if the waterway remains closed.
Energy markets saw...
Bitcoin Demand Contracts by 63,000 BTC Monthly Despite Institutional Accumulation
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Bitcoin spot demand has entered a “deep contraction,” decreasing by approximately 63,000 BTC over the last 30 days.
Institutional buyers, led by spot ETFs and Strategy, purchased nearly 94,000 BTC in March, yet total market demand remains negative.
On-chain data shows retail investors and large whales (1,000–10,000 BTC) are aggressively distributing holdings, creating a structural headwind for price recovery.
Bitcoin is facing...


