Data: 130 BTC transferred from an anonymous address, routed through intermediaries, and flowed into Wintermute, valued at approximately $10.34 million.

Bitcoin Drops Below $69k: Trump’s Final Ultimatum to Iran Triggers Risk-Off Selling

Bitcoin fell to $685,000 on April 7, down about 2% for the day. Driven by concerns over the Middle East situation, risk-off sentiment has increased. With the market under pressure and international oil prices rising, the crypto market has faced headwinds, and investors lack confidence in a Bitcoin rebound. In the short term, macro events will continue to affect Bitcoin’s price action.

The five major giants control the billion-dollar crypto market: BlackRock is driving the Bitcoin ETF landscape, and competition on Wall Street is intensifying

By 2026, the U.S. crypto asset management market landscape is gradually taking shape, and major institutions use compliant tools such as ETFs to manage more than $100 billion in assets. BlackRock leads, followed closely by Fidelity and Grayscale, while Bitwise and Galaxy compete with differentiated strategies. Meanwhile, Morgan Stanley’s Bitcoin ETF application could reshape the market landscape, shifting the competitive focus to where the capital flows and the product structure.

IMF Warns Global Imbalances Are Worsening: Tariffs May Fail or Push Capital Flows Toward Bitcoin and Stablecoins

Research by the International Monetary Fund shows that tariffs have a limited effect in regulating global trade deficits, and that the real influencing factors are macroeconomic policies. As global imbalances expand and financial risks rise, market structures may adjust, and crypto assets could become a tool for hedging uncertainty.

Schwab Wealth Management opens Bitcoin and Ethereum trading: 38.9 million users enter, disrupting the crypto market landscape

Traditional finance giant Charles Schwab plans to launch “Schwab Crypto” in the second quarter of 2026, offering spot trading of Bitcoin and Ethereum to 38.9 million customers. This model will lower the investment threshold, change the previous way investors indirectly allocate to crypto assets, and meet market demand. Meanwhile, with low fees and a large customer base, Schwab may disrupt existing crypto platforms, and in the future it may also roll out stablecoin products to build a digital asset ecosystem.

Big data is coming this Thursday: whether Bitcoin can hold $67k depends on the Fed’s signals

This week, the U.S. will release four macroeconomic data points, including the FOMC meeting minutes and CPI data, which could determine whether Bitcoin can hold the $67k level. Bitcoin is currently trading in a range around $69k, with a 23% decline year-to-date. Market sentiment is subdued, and institutional capital support is limited, resulting in weaker demand—making this a key moment in the long-versus-short battle.

A $20 million liquidation! James Wynn shorted Bitcoin and was liquidated, leaving his account with only $900

Well-known trader James Wynn failed to short Bitcoin on the Hyperliquid platform, was forced to close the position, and suffered losses close to $20 million. Over the past two weeks, he has already been liquidated 6 times, highlighting the risks of high-leverage trading. Bitcoin has recently rebounded, driven mainly by short-seller squeeze, and the market’s total capitalization has risen to about $2.35 trillion.