Phemex Publishes April 2026 Proof of Reserves, Reporting 131% Total Reserve Ratio
APIA, Samoa, April 2, 2026 /PRNewswire/ — Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.
Market Pundit Shares In-Depth Outlook for Ripple’s XRP as Q2 Kicks Off
Add ZyCrypto News On Google An analyst tracking Elliott Wave patterns shared his Q2 outlook for XRP, noting that the first-quarter forecast largely unfolded as anticipated despite ongoing market frustration. Back in early January, the base case called for an incomplete larger correction with range-bound trading and the possibility of one final low before any
Anthony Scaramucci backs Saylor’s 11.5% Bitcoin yield while teasing ‘Mooch 2028’
Anthony Scaramucci is openly backing Michael Saylor’s high‑yield Bitcoin strategy at the same time he jolts markets with a tongue‑in‑cheek X video announcing a 2028 presidential run, sharpening the line between his crypto advocacy and broader economic message. Summary Scaramucci calls himself a “big fan” of Michael Saylor while dissecting Strategy Inc.’s roughly 11.5% perpetual
Gulf countries push for normal relations with Iran
by Estefano Gomez · Just now ago Gulf states are moving to normalize relations with Iran amid the ongoing 2026 conflict. The odds of a US-Iran ceasefire by April 7 are at 8% YES, down from 10% yesterday and 26% a week ago. The market shows interest in diplomacy, with Gulf Cooperation Council (GCC) countries
Analyst: Six Red Monthly Candles Aren’t Bearish
Bitcoin’s recent price structure has not been easy to sit through. The price action has spent months moving sideways to lower, printing a series of bearish monthly closes since October that have placed the crypto sentiment in fear. That kind of slow pressure tends to feel worse than sharp sell-offs. According to a crypto analyst
Polymarket Revenue Jumps as New Fees Take Effect
Prediction market Polymarket’s recent fee expansion has started to affect its numbers, with daily fees and revenue climbing sharply in the days following a March 30 price overhaul. According to DefiLlama data, daily fees rose from about $363,000 on Monday to over $1 million on both Wednesday and Thursday, while revenue (the portion retained after
Drift Says Nonce Attack Drove Exploit as Circle Faces USDC Scrutiny
Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share its findings from a preliminary investigation, saying that the attackers exploited Solana’s durable nonces, a mechanism enabling pre-signed transactions, to seize control
Metaplanet Buys 5,075 BTC in Q1 to Become 3rd Largest Treasury
Metaplanet said it acquired 5,075 Bitcoin during the first quarter of 2026 for around $405 million or about $79,898 per coin, making the company the third-largest publicly-listed Bitcoin treasury, according to Bitcoin Treasuries data. The Tokyo-listed company now holds a total of 40,177 Bitcoin (BTC) on its balance sheet, with an aggregate cost basis of
Coinbase CLO: CLARITY Act Nearing Senate Markup, Floor Vote
Coinbase chief legal officer Paul Grewal said the US Digital Asset Market Clarity Act is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup. Speaking in a Wednesday interview on Fox Business, Grewal said
XRP Set to Fall Further as ETF Demand Fades
XRP (XRP) traded 64% below its multi-year peak of $3.66 on Thursday, as more signs of a potential deeper correction toward $1 emerged. Key takeaways: XRP faces stiff resistance above $1.40, where more than 1.1 billion tokens were previously acquired. Declining daily active addresses signal reduced transaction activity and cooling network demand for XRP. Muted