Bitcoin Falls to $75,000
At the beginning of the week, Bitcoin sharply lost about 10% in price, falling below the $75,000 mark. The collapse of digital assets coincided with the opening of futures trading on leading US stock indices on Sunday. On April 2, US President Donald Trump announced the introduction of new tariffs on trading partners. In response, a number of countries introduced mirror measures. Against the backdrop of these events, Bitcoin responded with a significant decline. By the end of the week, after signals about a possible easing of tariff policy, BTC recovered and tested the $85,000 level.
Tether May Launch New Stablecoin
Amid the heated debate over how U.S. regulation of stablecoins could impact foreign issuers, one might expect the market’s largest — and most controversial — player to be hit. However, according to Tether CEO Paolo Ardoino, the company is not in danger.
Ardoino told Decrypt that even if the U.S. were to ban USDT, it would not be a major issue for Tether. As an alternative, the company is already considering launching a new stablecoin that would be registered in the U.S. and would comply with upcoming regulatory requirements.
Cardano Founder: BTC Will Reach $250,000
By the end of this year or next, BTC could very well reach $250,000 — such an ambitious forecast was shared by Charles Hoskinson, the founder of Cardano and co-founder of IOHK. According to him, upcoming legislative initiatives in the United States can open the doors to large corporations in the crypto industry. As soon as the market unrest caused by the tariff policy subsides, the conditions for a new bull cycle will begin to form.
Hoskinson also emphasized that the elimination of regulatory uncertainty around stablecoins could push the largest tech companies — the so-called "Magnificent Seven" — to use dollar tokens. In addition, he noted the growth of global crypto adoption: according to Crypto.com, in 2024 the number of users grew by 13%, reaching 659 million.
Ripple and SEC Agree to Temporary Pause in XRP Case
Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion with the court for a 60-day stay in the appeals process. The request for a stay is necessary to complete negotiations to resolve the long-running dispute related to the sale of XRP tokens.
As stated in the document, the parties have reached a preliminary agreement, which still needs to receive final approval from the SEC. After that, Ripple and the regulator intend to ask the district court for an indicative ruling.
The Number of Active Web3 Developers Has Declined by 40% in a Year
Over the past year, the number of active developers in Web3 has fallen by almost 40%, according to data from the analytics platform Artemis Terminal. This figure is considered one of the key indicators of the "health" of the ecosystem: it reflects the pace of technological innovation and the level of support for existing protocols, directly affecting the sustainability of the industry in the long term.
Optimism developer Binji Pande attributes the decline in interest to the "lack of real value" within the blockchain space. And his colleague Ben Ward adds that investors have long been betting on projects without practical use. Pande also notes that Web3 has changed noticeably - and not for the better. In his opinion, it's time for cryptocurrencies to regain a sense of the future.
Error at $59,204: User Paid 0.75 BTC for Network Fee
An unknown user accidentally paid about 0.75 BTC (approximately $59,204) in fees while trying to speed up an unconfirmed transaction on the Bitcoin network. He initially sent the transfer with a standard fee, but then tried to replace it twice via the Replace-By-Fee (RBF) mechanism, increasing the fee to speed up confirmation.
At the final stage, the user made a critical error - he added an additional UTXO to the transaction for almost 0.75 BTC to cover the fee, but forgot to adjust the output with the remainder. As a result, almost the entire amount went to miners. For comparison, the average fee on the Bitcoin network at the time was only $1.87, according to Blockchair.
