News
11 Apr 2026, 13:25
HKMA's First Stablecoin Licenses: BTC Impact

HKMA has granted its first stablecoin licenses to Anchorpoint Financial and HSBC. Reserve and AML rules are mandatory under the August 2025 framework. This development could positively impact the B...
11 Apr 2026, 13:17
Solana Holds $84 as Market Debates $40 Drop or $1,000 Surge

Solana’s recent price action has started to shift market sentiment, as analysts point to early signs of a structural recovery after months of pressure. The asset now trades near $84, holding firm above key support while gradually reclaiming lost ground. Consequently, traders have begun to reassess bearish expectations, especially as technical patterns suggest a transition from accumulation toward expansion. Rounding Bottom Signals Strength According to analyst Gordon, Solana has formed a rounding bottom on the 4-hour chart. This pattern often signals a transition from selling pressure to steady accumulation. Price continues to print higher lows around the $78 to $80 range. Hence, demand appears to strengthen with each pullback. Immediate resistance stands near $85, followed by $88 and the critical $90 level. A decisive move above $90 could trigger momentum toward $95 and $100. Moreover, such a breakout would confirm a shift in short-term structure. However, support at $82 and $80 remains essential to maintain the current trend. Many traders still expect a drop toward $40, reflecting lingering bearish sentiment. Long-Term Accumulation Strategy Emerges Meanwhile, analyst cryptokans outlines a broader accumulation plan focused on lower price zones. The analyst identifies the $50 to $60 range as a high-probability demand area. Additionally, historical price behavior supports the likelihood of liquidity sweeps into this zone. Source: X Price currently compresses near $79, indicating indecision between buyers and sellers. Consequently, a temporary move lower could attract long-term investors. The strategy emphasizes gradual accumulation rather than aggressive entries. Moreover, this approach aligns with expectations for strong large-cap performance in future market cycles. Descending Channel Supports Macro Outlook James argues that SOL is unlikely to drop to zero under the current structure. He projects a potential expansion toward $1,000 in future cycles. Price continues to form lower highs, yet it maintains a stable base. Support remains firm between $80 and $67, while deeper demand sits near $60 and $50. Resistance levels extend from $90 to $100, with stronger barriers at $112 and $150. Significantly, a breakout above $150 could mark a major structural shift. This move would likely open the path toward sustained upside expansion. James argues that ongoing consolidation builds a foundation for long-term growth. As of press time, Solana trades at $84.23, with a market cap above $48 billion . The asset has gained over 5% in the past week.
11 Apr 2026, 13:17
Japan Crypto Revolution Inbound? Tokyo Pass New Law Equalising Crypto and Stocks

The Japanese Cabinet approved a bill on April 10 reclassifying crypto as a financial instrument under the amended Financial Instruments and Exchange Act, pulling digital assets out of the Payment Services Act framework and placing Japanese crypto on the same legal footing as stocks and bonds. Maximum prison sentences for unregistered sellers jump from 3 years to 10 years. Fines climb from 3 million yen to 10 million yen. Insider trading on undisclosed information is now explicitly banned. That’s not incremental regulatory cleanup. That’s a structural reclassification with enforcement teeth attached from day one. The question is exactly what this changes for exchanges, institutional allocators, and the 13 million Japanese residents who already hold crypto accounts – and whether the compliance clock is as short as the headline implies. Key Takeaways: Reclassification under FIEA: Crypto moves from Payment Services Act treatment to full Financial Instruments and Exchange Act coverage, matching stocks and bonds. Insider trading ban: Crypto assets are now explicitly subject to insider trading prohibitions based on material non-public information. Penalty escalation: Unregistered seller sentences rise to 10 years; fines increase to 10 million yen. LPS Act amendment: Japanese venture capital firms can now directly hold crypto assets, removing a structural barrier that had pushed startup funding offshore. Tax alignment incoming: Maximum crypto tax rate set to drop from 55% to a flat 20% capital gains rate, matching equities. Bitcoin ETF legalization: FSA is targeting 2028 for crypto ETF approvals alongside these rule changes. Discover: How Wall Street’s Institutional Bitcoin Moves Are Reshaping Crypto Markets What Does Crypto Reclassification Under Japan FIEA Actually Change for Operators and Investors? Under the old framework, crypto fell under the Payment Services Act, regulated primarily as a payment mechanism ra ther than an investment vehicle. That legal container determined everything: custody standards, disclosure obligations, investor protections, and the severity of enforcement. The FSA’s February 2026 Financial System Council report was direct about the core problem: “information asymmetry” between issuers and retail investors had become structurally dangerous as crypto evolved into an investment asset class. The new bill fixes that at the legal-definition level. By bringing crypto under the Financial Instruments and Exchange Act, issuers now face mandatory annual disclosure requirements covering technology, token supply, risk factors, and use cases – even for post-listing assets not actively fundraising. That’s the same disclosure regime Japanese equity issuers operate under. For the 105 cryptocurrencies the FSA flagged for reclassification – including Bitcoin and Ethereum – the compliance surface area just expanded significantly. The LPS Act amendment is the piece that most institutional observers are watching closely. Previously, Japanese venture capital funds structured as investment limited partnerships were legally prohibited from holding crypto assets directly. That single restriction had been quietly pushing Web3 startup capital offshore for years. The amendment removes that barrier – meaning domestic VC can now deploy into crypto without restructuring through foreign entities. That’s not a marginal fix. That’s the structural precondition for a functioning domestic crypto venture ecosystem. Satsuki Katayama Finance Minister Satsuki Katayama framed the cabinet approval as a dual mandate: “expand the supply of growth capital” while ensuring “market fairness, transparency, and investor protection.” The two goals aren’t in tension here – securities-grade oversight is exactly what institutional adoption requires. A Sandmark Crypto Intelligence Report from April 2026 found that 42% of global finance professionals cited regulatory uncertainty as their primary barrier to allocating to crypto. Japan just removed that barrier domestically. XRP’s $120 million in weekly ETP inflows recorded in early April show how quickly institutional capital moves once the legal infrastructure aligns – Japan is now building that same infrastructure at the sovereign level. The site’s position: this is the most consequential single piece of Japan crypto regulation since the PSA amendments that followed Mt. Gox. It doesn’t just add rules – it changes the legal category, which changes everything downstream. The post Japan Crypto Revolution Inbound? Tokyo Pass New Law Equalising Crypto and Stocks appeared first on Cryptonews .
11 Apr 2026, 13:12
Kingdom of Bhutan dumps over 70% of Bitcoin holdings in less than 2 years

The Kingdom of Bhutan continues to offload a significant share of its Bitcoin ( BTC ) holdings, with reserves now almost depleted. In line with this trend, the government has reduced its Bitcoin holdings by more than 70% in under two years, according to data tracked by Arkham Intelligence . The country’s reserves have fallen from roughly 13,000 BTC in October 2024 to about 3,954 BTC, currently valued at approximately $280.6 million. The drawdown represents a reduction of over 9,000 BTC, with total sales estimated at around $640 million over the period. In 2026 alone, Bhutan transferred between $120 million and $215.7 million worth of Bitcoin. Kingdom of Bhutan Bitcoin transactions. Source: Wu Blockchain Indeed, the liquidation is being managed by Druk Holding & Investments, which has executed the sales through structured transactions rather than abrupt market moves. Transfers have typically been routed through institutional counterparties and exchange-linked wallets, including those associated with Galaxy Digital, OKX, and QCP Capital. Increasing large transactions At the same time, recent blockchain activity shows a pattern of increasingly large transactions. In April 2026, a transfer of roughly 319.7 BTC valued at about $22.7 million was split between a new wallet and another linked to prior exchange flows. This followed multiple sizable March transactions, including a 973 BTC movement worth about $72 million and a 519.7 BTC transfer valued at nearly $36.7 million, marking one of the most active selling periods. The sales appear to be part of a deliberate treasury strategy, with Bhutan gradually reducing exposure while attempting to limit market disruption by spreading transactions across time and counterparties. Meanwhile, the country has also largely ceased adding new Bitcoin from mining operations, with no significant inflows recorded for over a year despite its earlier reliance on hydropower-backed mining. Proceeds from the sales are believed to be directed toward domestic development initiatives, including projects such as Gelephu Mindfulness City. Despite the reduction, Bhutan remains one of the larger nation-state holders of Bitcoin, though its relative position has declined as the sell-off continues. The post Kingdom of Bhutan dumps over 70% of Bitcoin holdings in less than 2 years appeared first on Finbold .
11 Apr 2026, 13:06
XRP Ledger (XRPL) Developers Jump 10% as Adoption Grows

With more activity on XRP Ledger, more developers are now active in the ecosystem.
11 Apr 2026, 13:05
Stablecoin Market Cap Hits All-Time High of $318.6B, Eyes $320 Billion Milestone

The stablecoin sector added to its upward trajectory this week, with inflows reaching $1.367 billion since April 4. At present, the fiat-pegged token economy sits at an all-time high of $318.605 billion. Key Takeaways: The stablecoin market hit an all-time high of $318.6B, needing just $1.4B to reach $320B. USDC gained $1.27B in seven days


































