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9 Apr 2026, 11:31

Brutal Price Crash for These Altcoins Following Binance Delisting: Details

There isn’t a single top-100 cryptocurrency today (April 9) that has posted a double-digit daily decline. However, the same can’t be said for some lesser-known altcoins, whose prices collapsed sharply following a recent announcement from the world’s largest crypto exchange. The Binance Effect… Again The company periodically reviews each digital asset listed on its platform to ensure it complies with high standards and industry requirements. “When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” Binance explained. Some of the factors that the exchange monitors include team commitment, level and quality of development activity, trading volume, liquidity, and more. Based on the latest results, Binance decided to terminate all services with Beefy.Finance (BIFI), F unToken (FUN), FIO Protocol (FIO), Orchid (OXT), Measurable Data Token (MDT), and Wanchain (WAN). The delisting will take place on April 23, but the prices of the affected tokens have already declined following the disclosure. This is a fairly normal reaction because Binance is an industry heavyweight, and withdrawing support typically leads to reduced liquidity, reputational damage, and potential panic among investors. BIFI took the biggest blow, with its valuation crashing by 32% over the past 24 hours, whereas the other involved coins dropped by 20-25% during the same period. BIFI Price, Source: CoinGecko A similar thing was observed last month when Binance delisted the altcoins Arena-Z (A2Z), Ampleforth Governance Token (FORTH), Hooked Protocol (HOOK), Loopring (LRC), IDEX (IDEX), Neutron (NTRN), Solar (SXP), and Radiant Capital (RDNT). Back then, IDEX was the biggest loser after posting a daily plunge of roughly 33%. Previous Updates In addition to the frequent listings and delistings, Binance has also announced other developments aimed at improving the exchange and making it more competitive. Perhaps the most important is its intention to launch a prediction market feature by aggregating data from third-party platforms . The product will let users place bets on a wide range of categories, including sports, politics, economics, crypto, and more. Such markets have surged in popularity, and some of Binance’s main competitors, such as Coinbase and Crypto.com, have already dipped their toes in the field. Meanwhile, the company performed wallet maintenance on the Ethereum network on April 7, briefly suspending deposits and withdrawals on that blockchain, which was completed quickly. Operations on the TON Network (TON) were also temporarily disrupted due to an upgrade. The post Brutal Price Crash for These Altcoins Following Binance Delisting: Details appeared first on CryptoPotato .

9 Apr 2026, 11:29

Ethereum falls after rally as EF sells $8.3M in ETH holdings

Ethereum price moved slightly early Thursday as fresh scrutiny hit with the Ethereum Foundation (EF)’s move to convert a significant portion of its treasury from ETH into stablecoins. While the announcement coincided with the volatile price action that followed the US-Iran ceasefire, the top altcoin’s value pared some of the gains to around the $2,180 level as on-chain data showed EF’s treasury had sold 3,750 ETH for over $8.3 million. Ethereum Foundation sold $8.3 million ETH On Wednesday, it was revealed that the Ethereum Foundation had initiated the conversion of 5,000 ETH into stablecoins. The strategy has already seen the non-profit supporting Ethereum offload 3,750 ETH worth roughly $8.3 million, with these sold at an average price near $2,214 per ETH. This step is part of EF’s broader treasury management approach to secure funding for research and development, grants, and donations while reducing exposure to crypto market volatility. By executing the sales gradually through a decentralized trading infrastructure, EF aims to limit abrupt sell pressure and avoid distorting spot order books on major exchanges. On the other hand, the resulting stablecoin reserves give the organization more predictability in terms of budgeting capacity. Notably, it makes it easier to plan multi‑year initiatives regardless of short‑term swings in the ETH price. Ethereum price forecast Historically, EF has periodically trimmed or rebalanced its ETH holdings when prices are elevated or when its non‑ETH reserves fall below internal comfort levels, so this latest round appears consistent with past practice rather than a sudden shift in conviction. Even so, any large sale by such a central ecosystem actor tends to be interpreted cautiously by traders, as it visibly reduces one prominent holder’s direct exposure to ETH. The market has Ethereum price poised above $2,180, and an uptick could see bulls target the multi-week highs above $2,270 that aligned with news of a US-Iran ceasefire. Ethereum price chart by TradingView As such, bulls have the potential to extend the upswing off the current support level. Buyers will eye the $2,250-$2,300 band as the next demand reload zone. The advance toward $2,300, however, means Ethereum came close to a well‑watched resistance region near the 100-day EMA. Momentum indicators suggest bulls have the advantage, but there is a likelihood of further consolidation unless we see a clean breakout above the moving average. More broadly, ETH continues to trade in a range defined by supportive fundamentals, including network upgrades, increased DeFi activity, and institutional interest. As long as the market can absorb treasury‑driven flows and macro/geopolitical shocks, the current consolidation around $2,000-$2,300 may be setting up the next decisive move once new macro or on‑chain catalysts emerge. On the flipside, if ETH retraces below support at $2,000, fresh weakness could bring $1,925-$1,800 into play. This latter range marks the lower edge of its recent trading range. The post Ethereum falls after rally as EF sells $8.3M in ETH holdings appeared first on Invezz

9 Apr 2026, 11:23

Bitcoin’s $80,000 bull bet just took over the market

Whales and options traders are betting on a massive BTC reversal toward $80,000 as a fragile Iran ceasefire fuels hopes for a supply squeeze and a breakout.

9 Apr 2026, 11:21

Durov slams EU for pushing false moderation narrative to justify surveillance overreach

Telegram founder Pavel Durov accused the European Union of trying to justify its attempt to increase surveillance on instant messaging through a false narrative. The tech entrepreneur reacted to French media reports covering new allegations of insufficient content moderation on the popular messenger that has been under pressure. Telegram targeted over nude pics traded in channels A campaign group called AI Forensics has claimed it found nearly 25,000 users sharing images of naked women in Spanish and Italian groups on Telegram. The authors of the study, carried out between December 2025 and February 2026, tracked 80,000 files published in 16 Telegram channels over a period of six weeks. The bulk of them were photos, and the rest were mainly videos, including real images and deepfakes, the state-owned TV network France 24 reported Wednesday, quoting Agence France-Presse (AFP). Researchers at AI Forensics told the French news agency that the files were mostly of a sexually explicit nature. Some allegedly contained images of teenage girls. They elaborated: “Social media platforms or other messaging apps function as sources of raw material, while Telegram appears to serve as a hub for the organization, amplification, and circulation of abusive content.” The report criticizes Telegram for failing to put an end to such groups, allowing the trading of intimate images of women without their consent, and urges the messenger to prevent the practice. “During the observation period, several groups were shut down by Telegram only to reopen under the same names just a few hours later,” the activists noted, accusing the messaging service of insufficient mechanisms for moderation. They also alleged that Telegram’s privacy features and mass distribution capabilities were “shaping the conditions under which abusive behavior can develop,” including doxing and harassment campaigns. AI Forensics has called on the EU to label Telegram a “very large online platform” (VLOP). The move would subject it to stricter oversight under the Union’s Digital Services Act (DSA). Durov blames Brussels for boosting surveillance In a statement for AFP, Telegram stressed that “sharing non-consensual intimate images, including pornographic deepfakes, is strictly forbidden by Telegram’s terms of use.” The company also insisted its “moderation systems are more effective to prevent mass distribution of harmful content than those of the currently designated VLOPs.” Posting his reaction to the latest attack on the messenger, Pavel Durov accused the EU of trying to “justify its push for more surveillance (Chat Control) and censorship (DSA) via controlled NGOs and media.” “AI Forensics, a Soros-funded contractor to the European Commission, is telling us that Telegram is a PROBLEM because people can discuss content from OTHER social media in PRIVATE Telegram groups,” he wrote Thursday, adding: “The crazy narrative of this ‘non-governmental’ organization is distributed by globalist outlets (El País, Der Spiegel, Wired) and AFP (France’s ‘ITAR-TASS’), which is carbon-copied by the ‘free’ French press (Le Parisien, 20 Minutes, Ouest-France, Le Figaro).” The tech entrepreneur expressed his doubts that “anyone still takes these organizations seriously” as most of them have already lost trust during the Covid years. At the same time, he emphasized it’s important to expose these kinds of attempts to manipulate the public, “because they are used to take away what’s left of our freedoms.” Durov, who is also Telegram’s chief executive, was arrested in France in 2024, with authorities accusing him of complicity in criminal activity by managing an app that allowed the sharing of illegal content, including pornography, and illicit transactions. The 41-year-old dual French-Emirati citizen, who has repeatedly denied the French allegations, was later released and eventually permitted to travel to Dubai, United Arab Emirates, where he resides and Telegram is headquartered. Durov and Telegram have been facing pressure outside France and Europe, too. His native Russia has been trying to block the messenger since early February. The app is the preferred communication channel for the crypto community and other segments of society in the country and around the world. Durov recently urged for resistance . The crypto card with no spending limits. Get 3% cashback and instant mobile payments. Claim your Ether.fi card.

9 Apr 2026, 11:16

XRP’s Strong April Narrative: Reality or Just Another Pipe Dream?

XRP Trades Calmly at $1.33 Amid Tight Consolidation and Market Wait XRP is presently trading at $1.33 per CoinCodex data amid consolidation after months of market uncertainty. While some anticipate a strong April rally, this outlook leans on historical outliers, not consistent trends. Market analyst DavidTheBuilder acknowledges that April’s XRP optimism stems from one 2021 spike, when the coin surged over 170%. Historically, April tends to be weak or negative. So far, XRP has edged past Bitcoin in steady gains, but a repeat of 2021’s dramatic rally appears unlikely, urging investors to temper expectations. Short-term price moves tell only part of the story. Ripple’s $2.4 billion infrastructure is anchored in fiat systems and the RLUSD stablecoin, but the real growth potential hinges on regulatory clarity. Direct bank adoption of XRP could spark major demand and transform market dynamics. XRP Caught in a Tight Range as Breakout Watch Intensifies XRP is hovering in a delicate equilibrium, showing neither sharp gains nor steep losses. As a result, the XRP Army is on edge, watching closely as upcoming Federal Reserve updates and ongoing SEC developments could trigger the next major move. Despite the current sideways trading, XRP is showing promising technical strength. The coin continues to hold its bullish Monthly Supertrend, keeping a potential relief rally toward $1.80–$2 within reach. This indicates that, while the market awaits a clear catalyst, XRP remains fundamentally strong. As market analyst DavidTheBuilder notes that the current scenario doesn’t paint a weak XRP picture, it’s just not ready yet. The price is stable, but the real catalyst hasn’t arrived. For now, XRP’s performance may stay steady, but its underlying infrastructure and potential regulatory clarity could trigger the breakout investors have been anticipating. Patience is key as the cryptocurrency positions itself for meaningful upside beyond short-term fluctuations.

9 Apr 2026, 11:16

Fartcoin Manipulation Attempt Backfires with $3M Liquidation

A coordinated attempt to manipulate the price of Fartcoin (FART) on Hyperliquid ended in a $3 million liquidation loss after the scheme triggered an automatic safety mechanism that forced the platform’s own liquidity pool to absorb the fallout. However, blockchain analysts tracking the incident say the attacker likely walked away with a net profit through hedged positions they had placed elsewhere, leaving Hyperliquid’s liquidity providers holding the bag. How the Attack Unfolded According to Peckshield and Lookonchain, a single entity spread about $15 million worth of FART long positions across four wallets, accumulating over 145 million tokens. Their data shows the wallets were funded from Binance and Bybit, with three of them traced by on-chain researcher mlmabc to the same entity that had previously squeezed the XPL token. The alleged manipulator deliberately chose a low-liquidity environment, which made it easier for them to move the price, with Fartcoin going up by about 20% around the time the positions were being built. Hyperdash, a trading terminal built for Hyperliquid, reported that at their peak, the coordinated longs had generated a combined unrealized gain of $1.3 million. Even price data from CoinGecko confirmed the move, showing FART going from near $0.20 to a high of $0.2476 between 20:05 and 23:55 GMT on April 8. After that, the trap was sprung. Instead of exiting, as would have been expected, given that prices were flying, the schemer deliberately let the positions get liquidated, a tactic Peckshield called “suicide” liquidation. According to them, the intention was to trigger the platform ‘s Auto-Deleveraging (ADL) mechanism, which forcibly closes the opposing side of a trade in extreme situations to cover losses. In this instance, ADL meant that short traders were closed out against their will, and Hyperliquid’s own liquidity pool, known as HLP, was left holding a $13 million long position in a collapsing market. One wallet, 0x06ce, exited with a $512,000 profit before the liquidation cascade, according to Hyperdash. Peckshield’s and Lookonchain’s assessments were that the manipulator went underwater for $3 million following the liquidation, with the former suggesting they may have profited elsewhere. “A $3M loss on paper, but likely a massive net profit via cross-revenue hedging,” wrote Peckshield. Fartcoin Down 10% HLP is said to have lost about $1.5 million in the last 24 hours, and Fartcoin is down 10% over the same time period after its price fell from the $0.24 it reached during the manipulation episode. Meanwhile, Hyperliquid’s HYPE token, which dipped by 23% following a similar liquidation incident last year involving the JELLY token, seems to have fared better this time. At the time of writing, it had only shed a mere 0.4% off its level from 24 hours ago and was up more than 10% in the last 7 days. The post Fartcoin Manipulation Attempt Backfires with $3M Liquidation appeared first on CryptoPotato .