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Bitcoin is above $70,000 on Iran ceasefire, but rally is turning cautious for good reasons

by Coin Desk | April 8, 2026 9:35 pm | Crypto News

Leveraged bullish bitcoin positions remain near multi-year highs as bitcoin rebounds, hinting at underlying market uncertainty.

Standard Chartered is looking to take over crypto custody provider Zodia: Bloomberg

by Coin Desk | April 8, 2026 9:34 pm | Crypto News

While the British financial institution refused to comment on potential takeover plans, sources close to the matter revealed that plans are in place and could be announced as soon as this month.

Iran Demands Bitcoin Payments At Hormuz As Trump Says Strait Must Open ‘Immediately And Completely’

by Benzinga | April 8, 2026 8:25 pm | Crypto News

Iran will demand shipping companies pay tolls in Bitcoin (CRYPTO: BTC) for oil tankers passing through the Strait of Hormuz during the two-week ceasefire, directly contradicting President Trump’s demand for “complete, immediate, and safe opening” of the waterway. The...

RWA network Pharos lands a $1 billion valuation in $44M funding round ahead of mainnet debut

by Coin Desk | April 8, 2026 8:20 pm | Crypto News

The company is building an “asset-native” network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion.

Adam Back denies he’s Satoshi Nakamoto after NYT report claims he’s Bitcoin’s creator

by Coin Desk | April 8, 2026 8:19 pm | Crypto News

Similarities reflect shared early research, not proof, said Back. Others have questions too.

White House study bolsters crypto’s stance in stablecoin yield fight against bankers

by Coin Desk | April 8, 2026 8:17 pm | Crypto News

White House economists said banning rewards wouldn’t significantly boost banks’ financial health, amplifying the crypto industry view in the Clarity Act debate.
Standard Chartered mulls folding parts of Zodia Custody in-house: Bloomberg

Standard Chartered mulls folding parts of Zodia Custody in-house: Bloomberg

by Coin Telegraph | April 8, 2026 7:39 pm | CoinTelegaph, Crypto News

Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.

CZ memoir revives feud with OKX founder Star Xu over contract forgery, Huobi arrest

by Coin Telegraph | April 8, 2026 7:36 pm | CoinTelegaph, Crypto News

CZ’s new memoir reignited his long-running feud with OKX founder Star Xu, who called the Binance founder a liar in posts on X.
Instant settlement strains crypto’s capital efficiency: Ethan Buchman

Instant settlement strains crypto’s capital efficiency: Ethan Buchman

by Coin Telegraph | April 8, 2026 7:36 pm | CoinTelegaph, Crypto News

Crypto trades settle instantly, but at the cost of capital efficiency. This forces firms to overcollateralize and limits how far markets can scale, says Cosmos co-founder Ethan Buchman.
Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March

Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March

by Coin Telegraph | April 8, 2026 7:35 pm | CoinTelegaph, Crypto News

Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure.

Quantum threat to Bitcoin is real, but manageable, according to Wall Street broker Bernstein

by Coin Desk | April 8, 2026 7:34 pm | Crypto News

The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.

Saylor’s solo act: JPMorgan says Strategy is practically the only thing keeping crypto flows alive

by Coin Desk | April 8, 2026 7:31 pm | Crypto News

Digital asset inflows totaled $11 billion in Q1, as institutional demand and ETF outflows left corporate buyers and venture capital as the primary sources of funding.

Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT

by Coin Desk | April 8, 2026 7:31 pm | Crypto News

Iran plans to collect cryptocurrency and other digital payments as transit fees from fully loaded oil tankers passing through the Strait of Hormuz, said the report.

CoinDesk 20 performance update: Internet Computer (ICP) rises 12.1%

by Coin Desk | April 8, 2026 7:30 pm | Crypto News

NEAR Protocol (NEAR) joined Internet Computer (ICP) as a top performer, climbing 8.9% from Tuesday.

Coinbase Wins Australian Derivatives License As COIN Targets Trend Reversal

by Benzinga | April 8, 2026 7:01 pm | Crypto News

Coinbase Global Inc. (NASDAQ:COIN) received an Australian Financial Services License to offer retail derivatives trading as COIN tests $170 support zone for the second time since February’s $143 low. The Australian License Coinbase announced Tuesday it received the...

Bitcoin Surges 5% But ETFs Bled $159M: Is This A Bull Trap?

by Benzinga | April 8, 2026 7:00 pm | Crypto News

Bitcoin (CRYPTO: BTC) surged 5% after the White House announced a two-week U.S.-Iran ceasefire, yet ETFs bled $159 million on April 7. The Ceasefire Rally Bitcoin briefly rose to $71,700 on Wednesday morning, marking its highest point since March 18.  Ethereum...
South Korea tightens crypto withdrawal-delay exemptions after scam losses

South Korea tightens crypto withdrawal-delay exemptions after scam losses

by Coin Telegraph | April 8, 2026 6:46 pm | CoinTelegaph, Crypto News

The Financial Services Commission said inconsistent exemption rules created loopholes that allowed funds to move quickly with minimal account history.
Stablecoin yields won’t harm banks, White House economists say

Stablecoin yields won’t harm banks, White House economists say

by Coin Telegraph | April 8, 2026 6:45 pm | CoinTelegaph, Crypto News

White House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users.
South Korea draft bill puts stablecoins, RWAs under finance laws: Report

South Korea draft bill puts stablecoins, RWAs under finance laws: Report

by Coin Telegraph | April 8, 2026 6:44 pm | CoinTelegaph, Crypto News

The draft proposal from South Korea’s ruling party reportedly bars stablecoin interest and calls for technical standards to ensure interoperability across blockchain networks.

Thailand proposes tighter scrutiny of funders behind crypto firms

by Coin Telegraph | April 8, 2026 6:41 pm | CoinTelegaph, Crypto News

Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly.
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