Bitcoin
Bitcoin Mining Difficulty Increased by 3.87% to 138.97 T
On April 3rd, according to CloverPool data, the Bitcoin network completed a new round of difficulty adjustments, with the difficulty value increasing by 3.87% to 138.97 T. The current Bitcoin network hashrate is 986.02 EH/s, and the next difficulty adjustment is expected to take place in approximately 14 days.
Bitmine Purchases 45,000 ETH via BitGo
On April 1st, according to Onchain Lens monitoring, Bitmine purchased 45,000 ETH via BitGo, worth approximately $95.3 million.
... Bitcoin fell 23.8% in Q1 2026, marking its worst start since 2018. On April 1st, according to Yahoo Finance, Bitcoin closed at $66,619, compared to an opening price of $87,508 on January 1st, 2026. This quarterly drop is the largest since Q1 2018, when Bitcoin fell 50% from $14,112 to $6,973.
Bitcoin's 24% drop this quarter also continues the significant decline seen in Q4 2025, when its price fell 23% from $114,057 to $87,508. This means that the world's largest cryptocurrency has lost approximately 41.6% of its market capitalization in the past six months.
The entire cryptocurrency market retreated further from its all-time high in October 2025 amid escalating geopolitical tensions in the Middle East, dampening investor sentiment in both crypto and traditional stock markets. In addition to macroeconomic uncertainty, analysts also pointed to a reversal in fund flows into US Bitcoin exchange-traded funds (ETFs) negatively impacting Bitcoin prices.
According to SoSoValue data, spot Bitcoin ETFs saw a net outflow of $496.5 million in the first quarter, with $1.8 billion flowing out in the first two months, while a $1.32 billion inflow in March partially offset the earlier outflows. Satoshi Nakamoto addressed the quantum risks in 2010 on the Bitcointalk forum, suggesting a smooth transition could be achieved through incremental upgrades to the signature algorithm. The U.S. Department of Labor has proposed allowing Bitcoin investment in 401(k) plans. On March 31, Bitcoin Magazine posted on social media that the U.S. Department of Labor has proposed a rule allowing Bitcoin investment in 401(k) plans. Strategy did not add to its Bitcoin holdings last week. In its latest regulatory filing, Strategy disclosed that as of the week ending March 29, 2026, the company did not purchase any new Bitcoins, maintaining its holdings at 762,099; at the then-current market capitalization, this Bitcoin was worth over $51.5 billion. American Bitcoin: BTC Holdings Surpass 7,000 BTC March 30th news: American Bitcoin (NASDAQ: ABTC), a Bitcoin mining company backed by the Trump family, announced its BTC reserve data, showing that its current holdings have surpassed 7,000 BTC. It stated that since its Nasdaq listing, the company's BTC reserves have increased approximately threefold. American Bitcoin currently ranks 16th globally in terms of BTC holdings among publicly traded companies. Ethereum Ethereum Foundation Pledges Approximately $46.64 Million in ETH Again, Bringing Total Pledged Amounts to $96.59 Million According to Arkham monitoring, the Ethereum Foundation has just pledged approximately $46.64 million in ETH again, bringing its total pledged amount to $96.59 million. Arkham stated, "The Ethereum Foundation has stopped selling ETH and has begun staking." Vitalik again packaged and sold the distributed Meme coins in exchange for 14.5 ETH. On April 1st, according to Onchain Lens monitoring, Vitalik again began selling the distributed Meme coins for 14.5 ETH (worth 30,000 ETH). He also sent 70,000 USDC and 44 ETH to Railgun for private fund transfers. BitMine increased its holdings by over 71,000 ETH last week, bringing its total holdings to over 4.73 million ETH. As of March 29th, Eastern Time, BitMine's total cryptocurrency + cash holdings + "Moonshot" holdings totaled $10.7 billion. BitMine holds 4,732,082 ETH (an increase of 71,179 ETH from last week), representing 3.92% of the total Ethereum supply (120.7 million ETH). It also holds 197 BTC, $200 million worth of shares in Beast Industries, $102 million worth of shares in Eightco Holdings (NASDAQ: ORBS), and $961 million in uncollateralized cash.
As of March 29, 2026, BitMine has staked a total of 3,142,643 ETH (worth $6.3 billion at $2,005 per ETH). The Ethereum Foundation has staked $46.2 million worth of ETH. On March 30, Arkham monitoring showed that the Ethereum Foundation had just staked $46.2 million worth of ETH, the largest amount of ETH ever staked by the Ethereum Foundation. Other Projects
Charles Schwab to Launch “Schwab Crypto” Crypto Trading Account
On April 4th, Charles Schwab announced the launch of the “Schwab Crypto” crypto trading account, allowing users to directly trade Bitcoin and Ethereum. The account is provided by a self-built system of Charles Schwab Premier Bank, SSB, and is open nationwide except for New York and Louisiana.
Charles Schwab previously stated that it would offer Bitcoin and Ethereum trading services in early 2026.
Ministry of Industry and Information Technology: Exploring Innovative Businesses such as “Computing Power Banks” and “Computing Power Supermarkets”
On April 2nd, the General Office of the Ministry of Industry and Information Technology issued a notice on carrying out a special action to empower the development of SMEs with inclusive computing power. It mentioned innovating inclusive computing power service models.
Improve the SME zone of the China Computing Power Platform, the computing power resource matching zone of the China SME Service Network, and the national computing power internet service node zone (hereinafter collectively referred to as the SME platform zone), promote the precise matching of SME demand with computing power resource supply, and implement flexible payment models such as billing by "card time," "core time," and token. Explore innovative businesses such as "computing power banks" and "computing power supermarkets" to support SMEs in depositing idle computing power resources and achieving flexible access through cross-regional and cross-cycle scheduling. Implement the AI SME Entrepreneurship Support Plan, encouraging relevant local departments to subsidize SMEs that meet industry orientations with "computing power vouchers," "storage vouchers," and "transportation vouchers" through the SME platform zone, simplifying the acquisition and usage process.
YZi Labs Announces Strategic Additional Investment in Predict.fun
On April 2, YZi Labs announced a strategic additional investment in Predict.fun following the second quarter of EASY Residency, with Susquehanna Crypto, a leading global digital asset trading company, also participating.
YZi Labs Announces Strategic Additional Investment in Predict.fun
Since graduating from the YZi Labs incubation project EASY Residency, Predict.fun has experienced rapid growth, facilitating over 4 million orders and exceeding $1.8 billion in trading volume. On April 2nd, the Solana-based derivatives trading platform Drift Protocol suffered a security incident, with on-chain data showing losses of at least $200 million, and some estimates approaching $270 million.
The project team stated that they have detected abnormal activity and are investigating, advising users not to deposit funds into the protocol and emphasizing that "this is not an April Fool's joke."
This attack involved multiple liquidity pools, including JLP Delta Neutral, SOL Super Staking, and BTC Super Staking. A single transfer of approximately 41.7 million JLP tokens, valued at about $155 million, also resulted in the outflow of assets such as SOL, USDC, cbBTC, and wBTC.
According to statistics, this incident may be one of the largest DeFi attacks in the Solana ecosystem since the Wormhole bridge exploit. On April 2nd, Yu Xian analyzed the Drift theft incident, pointing out that a week before the attack, Drift adjusted its multi-signature mechanism to "2/5" (1 old signer + 4 new signers) and did not set a timelock. The attackers subsequently gained administrator privileges, forged CVT tokens, manipulated oracles, disabled security mechanisms, and transferred high-value assets from the liquidity pool. Alipay Releases Payment Integration Skill On March 31, Alipay released China's first "Payment Integration Skill," deeply encapsulating basic payment capabilities into standardized components. In addition, Alipay upgraded its "sandbox environment," allowing developers to complete end-to-end payment testing without real funds or officially launched payment products. (Yicai)