What happened this weekend in the crypto market?

• Bitcoin dropped below $65,000, triggering $190 million in liquidations within 15 minutes
• Crypto ETFs continued their net outflows: -$225 million for BTC, -$48.5 million for ETH, and -$7.8 million for SOL
• DEXs surpassed $12.5 trillion in total volume for the first time
• Stablecoins processed over $33 trillion in volume in 2025
• Brent crude oil prices surged to $110, while outlooks rise to $200 according to Bloomberg
• The United Arab Emirates seized $530 billion in Iranian assets and revoked all residence permits
• Ripple CEO Brad Garlinghouse stated that crypto has shifted from “rat poison” to a redesign of the financial system
• Vitalik Buterin estimated that the original vision of layer 2 “no longer makes sense”
• Ethereum developers proposed an “economic zone” unifying layer 2 solutions
• HYPE/ETH reached a new high
• The halving will occur in just over two years
• Morgan Stanley may offer the lowest fees in the market for a Bitcoin ETF at 0.14%
• Elizabeth Warren called for an investigation into Bitmain over security concerns and alleged ties to the Trump family
• Canada is considering a complete ban on political donations in cryptocurrency, with the UK possibly following suit
• Peter Schiff claimed that crypto-backed mortgage loans increase housing costs
• Donald Trump supported that “Bitcoin is very powerful” and more people want to be paid in crypto
• President Trump reportedly said he wants to “take the oil in Iran,” according to the Financial Times
• Yemen’s Houthis are considering blocking the Bab El Mandeb Strait, through which 12% of global trade passes
• The fear and greed index dropped to 9, marking 70 consecutive days in extreme fear
• The U.S. Senate Banking Committee will hold a confirmation hearing for Kevin Warsh for Fed Chair during the week of April 13
• A outage at Lloyds Banking Group exposed data of 450,000 customers
• OnePay, backed by Walmart, accelerated its crypto expansion to become a super financial app
• AI agents now analyze hundreds of predictive markets every second
• 61% of tokenized assets are now on Ethereum according to Token Terminal
• This would be the first time in Bitcoin history that the first three months of the year end in the red
• A cryptocurrency ATM was spotted in South Africa
• Thirteen years ago today, Bitcoin’s market cap first exceeded $1 billion
• Vibhu (Solana Foundation) compared the impact of memecoins on crypto to that of pornography on the internet
• According to FRED, global uncertainty reached a record high on the World Uncertainty Index
• U.S. lawmakers proposed a tax law exempting stablecoin payments under $200 but not Bitcoin
• Iran stated that market news is an “inverse indicator”: if they rise, short; if they fall, buy