News
21 Apr 2026, 14:10
Grayscale Amends Hyperliquid ETF Filing, Replaces Coinbase With Anchorage as Custodian

Grayscale amended its Hyperliquid ETF filing on April 20, replacing Coinbase with Anchorage Digital Bank as custodian for the proposed fund, a switch that goes beyond operational logistics. Coinbase Custody Trust Company is the primary custodian for nearly all U.S.-traded spot bitcoin ETFs , making its removal from this filing a deliberate signal rather than a routine substitution. The core question: does swapping in a federally chartered bank custodian improve Grayscale’s regulatory positioning with the SEC on a fund tied to an asset whose underlying perps platform is currently ring-fenced from U.S. users? Key Takeaways: Custodian change: Anchorage Digital Bank replaces Coinbase as custodian in Grayscale’s amended HYPE ETF S-1, filed April 20, 2026. Anchorage’s regulatory status: First federally chartered crypto bank in the U.S., carrying OCC-granted qualified custodian designation – a distinction Coinbase does not hold. Coinbase’s dominance context: Coinbase Custody Trust Company serves as primary custodian for nearly every U.S. spot bitcoin ETF; its absence here is structurally notable. Anchorage’s recent valuation: Tether’s $100 million strategic equity investment in February 2026 valued the firm at $4.2 billion, up from $3 billion in its 2021 Series D. Open approval question: Staking optionality in the HYPE ETF remains subject to separate regulatory approval; the fund would trade on Nasdaq under ticker GHYP if cleared. Discover: The best crypto to diversify your portfolio with What the Anchorage Appointment Actually Signals About Grayscale’s SEC Strategy Anchorage Digital Bank holds a national trust charter issued by the Office of the Comptroller of the Currency, making it the only federally chartered crypto-native bank in the United States. That designation carries qualified custodian status under federal banking law, a credential the SEC has increasingly scrutinized in digital asset custody arrangements. Choosing Anchorage over Coinbase signals that Grayscale is prioritizing regulatory architecture over the operational convenience of using its existing ETF custody infrastructure. Source: SEC Coinbase’s exchange-affiliated model, while dominant across the bitcoin ETF landscape, raises questions about conflicts of interest in its custody arrangements, a concern regulators have raised in broader crypto market structure discussions. Anchorage operates purely as a custodian and bank, with no retail trading platform, eliminating that conflict vector entirely. Grayscale had already added Anchorage as a secondary custodian for portions of its Bitcoin and Ethereum trusts in August 2025, so this is an escalation of a relationship already in place, not a cold introduction. Competitor filings provide a useful benchmark: 21Shares named Anchorage Digital Bank N.A. and BitGo Bank & Trust N.A. as joint custodians in its Amendment No. 2 filed April 14, 2026, for its Nasdaq-listed THYP fund. The convergence on Anchorage across multiple HYPE ETF filings suggests a shared read among issuers that the OCC charter carries weight in SEC review. Approval Outlook: What the SEC Weighs Next Around Hyperliquid ETF Grayscale’s initial HYPE ETF proposal was filed March 20, 2026, following earlier filings from Bitwise, which confirmed a 0.67% sponsor fee in its amended S-1, and 21Shares. Whether Monday’s amendment resets the SEC’s review clock as a material update is a consequential procedural question; if it does, the approval timeline extends accordingly. 24h 7d 30d 1y All time The fund’s staking feature remains the largest outstanding regulatory variable; the filing explicitly conditions it on separate SEC approval, meaning the core listing decision and staking authorization are effectively two distinct regulatory events. Discover: The best pre-launch token sales The post Grayscale Amends Hyperliquid ETF Filing, Replaces Coinbase With Anchorage as Custodian appeared first on Cryptonews .
21 Apr 2026, 14:04
Cardano consolidates as analysts spot June 2022-style divergence

The Cardano (ADA) cryptocurrency is trading in a tight consolidation phase around $0.249, with price action locked between short-term support at $0.24 and resistance near $0.26. Over the past 24 hours, ADA has recorded a modest gain of about 1.5%, moving in line with a broader crypto market advance led by Bitcoin’s 1.7% rise. Trading activity has increased noticeably during this consolidation phase, with daily volume climbing to roughly $462 million. This surge in activity has been accompanied by consistent negative exchange netflows over several days, a pattern that often reflects coins being withdrawn from exchanges rather than sold into the market. On Binance, buy pressure has also slightly outweighed sell orders, suggesting that accumulation is gradually taking place even as prices remain range-bound. Technical signals remain mixed From a technical perspective, Cardano is showing a mixed structure. According to an analysis of 23 indicators , 11 signals currently lean bearish, 10 remain neutral, and only two suggest bullish momentum. Moving averages continue to weigh heavily on price action, with ADA trading below all major daily exponential moving averages, from the 10-day through to the 200-day levels. This positioning confirms that the broader trend has not yet shifted out of its bearish structure. At the same time, momentum readings present a more balanced short-term picture. The 14-day Relative Strength Index (RSI) is near 48.5, indicating neither overbought nor oversold conditions. On the weekly timeframe, however, RSI has dropped to around 32, placing the asset in oversold territory. This combination often suggests that selling pressure has slowed on higher timeframes, even if a clear reversal has not yet formed. A key resistance level sits at $0.2533, with analysts noting that a daily close above this point would be required to open a move toward $0.2663. On the downside, support is currently positioned at $0.2476, followed by $0.2413 if selling pressure increases. A break below $0.24 would weaken the current structure and expose lower levels near $0.22. Analysts highlight cycle patterns and divergence signals Several market analysts have pointed to longer-term structural patterns forming in ADA’s price movements. Celal Kucuker, a crypto analyst tracking Cardano’s weekly chart, noted that ADA is holding above a key support area near $0.221 while also pressing against a descending multi-month trendline. According to Kucuker’s analysis , maintaining this support level is critical for any sustained bullish continuation. He outlined a midterm target of $1.178, which aligns with the upper boundary of Cardano’s multi-year trading range, and a full-cycle projection toward a new all-time high at $6.30, provided structural conditions improve. Separately, TradingShot highlighted a different long-term scenario, identifying a potential bearish extension pattern that could still see ADA retest lower levels if the historical cycle repeats. In that view, a deeper correction toward $0.10 remains possible in an extended bear-cycle scenario, though this outcome depends on the loss of current support zones. https://twitter.com/thecryptobasic/status/2046518453574754752?s=20 Adding to the mixed outlook, recent comparisons have been made between current price movements and the June 2022 structure. Analysts noted similarities in divergence patterns, where price action stabilizes while momentum indicators begin to shift. During that previous phase, similar conditions preceded a gradual recovery after prolonged downside pressure. What should traders expect? Cardano’s current structure reflects a market caught between accumulation signals and a still-intact long-term downtrend. Rising volume, negative exchange netflows, and stable price compression suggest that buyers are absorbing supply at current levels. However, the broader technical setup remains bearish, with price trading below major moving averages and resistance holding firm near $0.26. For now, ADA remains in a consolidation phase where neither buyers nor sellers have established clear control. A sustained move above the $0.2533–$0.26 range would be required to confirm short-term strength, while a breakdown below $0.24 would likely shift attention toward lower support zones. Until then, the market continues to trade within a narrow range, reflecting uncertainty ahead of a potential directional move. The post Cardano consolidates as analysts spot June 2022-style divergence appeared first on Invezz
21 Apr 2026, 13:55
Weakening trader sentiment leads to lost $2B in ETH open interest

ETH is going through another open interest crunch, as traders closed over $2B in futures positions. ETH held above $2,300, but lower trading activity may signal a loss of momentum. ETH open interest fell to $12.4B, according to Coinglass. In the past week, traders closed positions valued at $2B, in an ongoing stagnation for ETH derivative trading. According to Coinalyze data , ETH is also going through a period of negative funding, with 34% of open interest in short positions. The largest negative funding rate is on Binance, expected to reach 0.0058%, signaling a concentration of traders with a bearish outlook for ETH. Low derivative activity may signal a lack of ETH momentum and more cautious trading. The Ethereum fear and greed index points to a neutral sentiment at 53 points, pointing to cautious traders awaiting a better entry point. Why is ETH deleveraging? According to Cryptoquant contributor Amr Taha, ETH is going through the second capitulation event for the past 30 days. In March, ETH derivative trading also lost $2B in open interest. The closed positions were small compared to previous record events, but signaled the ongoing weak sentiment. The reason for the rapid outflow of open interest is the closing of positions on Binance and Gate. The two exchanges led the decline, with most of the deleveraging happening on the Gate exchange. The Gate market operator carried $4.67B in open interest as of April 14, now down to $2.88B. Most of the leverage was lost in a one-week period. A part of the deleveraging coincided with the Kelp DAO hack. As Cryptopolitan reported recently, some of the Kelp DAO funds are being mixed, with up to $210M in ETH potentially awaiting liquidation. On-chain data also shows whales are closing some of their derivative positions, taking profits after the recent ETH consolidation above $2,300. The open interest has been slow to regenerate since October 10 , 2025, and traders are eager to close positions with a reasonable profit, instead of awaiting bigger price moves. The recent deleveraging is also happening on Hyperliquid, where ETH perpetual futures carry around $435M in open interest. The two leading whales hold matching short and long positions for 20,000 ETH. The whale going short is currently carrying over $8M in unrealized losses, while paying $76K in funding. The leading long position is carrying over $376K un unrealized gains. Are whales still interested in ETH? Despite the outflows on derivative markets, spot accumulation continues for ETH. The token is still in demand for passive staking, as well as DeFi collateral. In the past 30 days, DeFi slowed down and showed significant outflows, but Ethereum remains the key venue for lending and DEX trading. Holding ETH tokens is still key as more entities make deposits to the Beacon Chain contract. Over 2.7M ETH are awaiting deposit for long-term staking. Recent data on whale activity, aggregated by Cryptoquant, shows that structural accumulator wallets are the most active in the current market. Over 2.43K wallets are buying up ETH tokens on the spot market. Spot markets are not a replacement for directional futures trades, but may signal a long-term confidence in the importance of ETH as a utility asset. The ETH market is largely moved by whale activity and sentiment, as retail traders are mostly selling their holdings. Whales are currently holding ETH with a small profit, and have not shown signs of capitulation even when their holdings were underwater. Whales with over 100K ETH are in the green and may support the market. Historically, whales and large-scale holders are trading strategically and taking profits, instead of holding for the long term. The health of DeFi and general interest in on-chain activity may boost ETH and rebuild its bullish sentiment. Still letting the bank keep the best part? Watch our free video on being your own bank .
21 Apr 2026, 13:39
Binance Cuts XRP Pair with Mexican Peso as Ripple Partner Bitso Dominates the Region by 77,879%

Binance exits XRP/MXN as data reveals a staggering 77,879% volume gap compared to Ripple partner Bitso. Discover why the world’s largest exchange surrendered the Mexican corridor.
21 Apr 2026, 13:33
Philippines SEC Warns Against dYdX and 6 Crypto Platforms

The regulator said the platforms appear to be offering investment opportunities without complying with local securities laws or obtaining licenses under the Crypto-Asset Service Provider framework. The SEC also warned that individuals promoting these platforms could face fines of up to 5 million pesos, imprisonment of up to 21 years, or both. Philippines Names 7 Unauthorized Crypto Platforms The Philippine Securities and Exchange Commission (SEC) issued a fresh public investor warning against seven online trading platforms that are allegedly operating without the required authorization in the country. In a statement that was released through its official Facebook page, the regulator advised Filipinos not to invest in dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium, and said that these entities are not registered with the Commission and have not secured approval to solicit investments from the public. Facebook post from the SEC of Philippines According to the SEC, its review found that these platforms appear to be offering investment opportunities that promise returns, profits, or interest. Under Philippine law, any entity engaging in such activity must first register with the Commission and comply with the rules governing the offering of securities or investment contracts. The SEC pointed out that none of the named platforms have obtained the licenses required under the country’s Crypto-Asset Service Provider (CASP) framework, which sets standards for firms involved in digital asset trading, custody, and related services. The CASP framework was introduced to regulate the crypto industry and to ensure that companies serving Filipino users meet financial, operational, and consumer protection standards. These include capitalization requirements, transparency obligations, and safeguards designed to reduce fraud and protect investors from excessive risk. The regulator also warned that people who promote or endorse these platforms in the Philippines may face legal consequences. Under Sections 28 and 73 of the Securities Regulation Code, violators may be subject to fines of up to 5 million Philippine pesos, imprisonment of up to 21 years, or both. This warning extends beyond platform operators themselves and includes marketers, influencers, and others encouraging public participation. Authorities have moved from issuing cautionary notices to implementing direct restrictions on access to unauthorized platforms. In late 2025, regulators reportedly blocked access to Coinbase and Gemini as part of a larger campaign against unlicensed crypto firms. Earlier enforcement actions also targeted Binance, which faced access restrictions after failing to meet compliance deadlines, while app stores were instructed to remove its application for users in the country. Philippine SEC advisory against Binance The crackdown has expanded over time. In August of 2025, the SEC warned against ten additional exchanges, including OKX , Bybit , KuCoin , and Kraken , due to similar concerns over unregistered operations.
21 Apr 2026, 13:16
Best Crypto to Buy Now: Comparing TradeView With PEPETO, IONIX, and BlockchainFx Presale Projects

A long presale list can make every project sound urgent. The harder task is figuring out what each one actually does. That is where many readers slow down and start comparing structure, use case, and product fit instead of hype. TradeView, PEPETO, IONIX, and BlockchainFx each sit in a different corner of the market. Let’s learn more about them. What TradeView Adds Beyond A Typical Presale Pitch TradeView is tied to a trading platform, which already sets it apart from many presale crypto tokens that rely mostly on branding. TVX is priced at $0.015 in the current round, and the next stage moves that price to $0.02. The project reports $180,173 raised in USDT and 12,011,533 tokens sold so far. The platform also combines social trading, AI tools, and high leverage in one place. That gives new readers more than a sale page to examine. For people building a crypto presale list, this makes TradeView easier to place among best crypto presale projects with a visible product behind the token. Why TradeView’s Structure Is Different TradeView frames itself around transparency, and that point matters when readers compare crypto coins on presale with actual trading use cases. Trading activity is kept on-chain instead of hidden in closed systems Users keep assets in their own wallets The model aims to reduce frontrunning and single points of failure Order flow and algorithm logic are presented more openly That structure gives readers something practical to assess. For anyone comparing a next 100x presale cryptocurrency with other presale crypto tokens , visible execution can say more than a polished landing page. It also makes TradeView easier to judge beside other presale ICO crypto launches today. How IONIX Differs From Other Presale Crypto Tokens IONIX takes a very different route. It presents itself as an AI-native blockchain infrastructure project rather than a trading platform. The project says its system is designed to let smart contracts use real-time AI inference through native oracle-style integration. That gives IONIX a more technical identity from the start. For readers comparing top presale crypto projects, that matters because it serves a different purpose than TradeView. Instead of focusing on execution, market tools, or trader behavior, IONIX is built around blockchain infrastructure and AI-linked applications. What BlockchainFx Tries To Solve For Multi Asset Traders BlockchainFx is positioned as a licensed exchange that connects DeFi with traditional financial markets. Its main pitch is not just crypto access, but a wider trading environment that includes stocks, forex, ETFs, and more than 500 assets. That gives it a broader finance identity than many crypto-only projects. For readers asking where to buy presale crypto, this matters because BlockchainFx is not framed as a narrow token idea. It is framed as a platform that tries to bridge digital assets with more familiar market categories. In a wider list of best crypto presales in 2026 , that makes it easier to compare by function. How Pepeto Builds A Different Kind Of Presale Story Pepeto takes a very different path from the others. It is built around meme coin culture, but it adds exchange tools, cross-chain movement, and contract scanning to make that world feel more structured. The presale moves in stages, with each completed round raising price and reducing supply. PepetoSwap handles cross-chain trades without fees, while the bridge connects Ethereum, BNB, and Solana. The project also highlights a contract scanner meant to detect risky tokens before funds are committed. Final Thoughts On Comparing These Presale Projects TradeView , PEPETO, IONIX, and BlockchainFx are easier to compare when readers focus on use case instead of urgency. TradeView connects presale tokens crypto to a trading platform. IONIX leans into AI-native infrastructure. BlockchainFx focuses on multi-asset market access. Pepeto builds around meme coin exchange tools. That matters when sorting through best crypto to buy now lists, top presale crypto projects, and other crypto coins on presale. For anyone reviewing a next big crypto presale, a clear product role usually leads to better comparisons than louder claims alone. Learn more about the project: Website: https://tradeview.com/ X: https://x.com/Tradeview_Perps Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.





































