24H Trending Cryptocurrencies and Key News｜US and Iran Reach Mutual Ceasefire Agreement; CZ States He Never Seriously Considered Acquiring FTX (April 8)
- Core Viewpoint: This article summarizes the latest developments in the cryptocurrency market, including the performance of major coins, industry news, and technological progress. The market shows a broad upward trend, while the industry has seen significant movements in privacy technology, institutional adoption, and the threat of quantum computing.
- Key Elements:
- Market Performance: Mainstream and trending coins generally rose. ZEC recorded the highest increase among the CEX trading volume Top 10, up 24.49%, while JOE led the 24-hour gainers with a surge of nearly 50%.
- Technological Progress: Starknet has entered its fourth phase, introducing the STRK20 framework supporting private transactions and the strkBTC asset, which is convertible to native Bitcoin.
- Institutional Dynamics: Argentine financial institutions have begun testing JPMorgan's JPM Coin for backend settlement; Binance announced it will launch a Spot Price Range Protection mechanism (PRER).
- Project Developments: Tether CEO announced the development of Hypersearch, a decentralized search engine based on a Distributed Hash Table.
- Risk Warning: Nobel Prize-winning physicist John Martinis warned that quantum computing could potentially crack Bitcoin private keys within minutes, posing an urgent threat to its cryptographic security.
1. Top Trending Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Change:
- BTC: +4.08%
- ETH: +5.67%
- SOL: +5.98%
- XRP: +3.27%
- ZEC: +24.49%
- TAO: +7.41%
- DOGE: +3.72%
- BNB: +2.95%
- AVAX: +6%
- PAXG: +3.29%
24-hour Top Gainers List (Data Source: OKX):
- JOE: +49.79%
- ZEC: +25.13%
- ZRO: +18.06%
- OL: +14.56%
- KMNO: +12.99%
- ENA: +11.66%
- MON: +11.49%
- SPACE: +11.2%
- MORPHO: +11.16%
- BASED: +10.94%
24-hour Top Gainers List for Stock Tokens (Data Source: msx.com):
- AXTI.M/USDT: +20.08%
- AAOI.M/USDT: +18.47%
- MIGI.M/USDT: +17.37%
- BKSY.M/USDT: +15.42%
- SOXL.M/USDT: +15.2%
- LWLG.M/USDT: +14.1%
- HUT.M/USDT: +12.44%
- CIFR.M/USDT: +11.69%
- LITE.M/USDT: +11.68%
- CRWV.M/USDT: +11.26%
2. Top 5 On-Chain Trending Memes (Data Source: GMGN):
- Freedom of Money (BSC)
- 4 (BSC)
- 共建 (BSC)
- BOME (BSC)
- ONOP (BSC)
Headlines
US and Iran Reach Mutual Ceasefire Agreement
On the morning of April 7, US President Trump stated he agreed to a two-week suspension of bombing and attacks against Iran, describing it as a mutual ceasefire. He claimed significant progress had been made on the final plan for a long-term peace agreement with Iran. However, just the day before, Trump had issued an ultimatum to Iran, calling Tuesday the deadline to eliminate Iran and threatening that the entire Iranian civilization would perish tonight and never recover.
Simultaneously, Iran accepted a two-week ceasefire proposal put forward by Pakistan, which has been approved by the new Supreme Leader. Iranian Foreign Minister Araghchi stated that, in coordination with the Iranian armed forces and fully considering technical limitations, vessels will be able to pass safely through the Strait of Hormuz for the next two weeks.
CZ: Never Seriously Considered Acquiring FTX, Had Little Interest in Helping SBF
In his autobiography "Freedom of Money," Binance founder CZ stated that during communications before Binance attempted to acquire FTX in November 2022, Sam Bankman-Fried had requested billions of dollars in funding. However, CZ had no real intention of pushing the deal forward from the beginning.
DefiLlama founder 0xngmi commented on X regarding "Polymarket launching its own stablecoin," stating: "Polymarket has about $1.25B in user wallets. If they keep the interest, at current rates that's an extra $54M/year in revenue."
Industry News
Argentine Financial Institutions Begin Testing JPMorgan's Deposit Token JPM Coin
Some banks in Argentina have begun pilot testing JPMorgan's deposit token JPM Coin, designed for institutional clients. Banco CMF is one of the confirmed participants. The financial institution is expected to use JPM Coin for backend settlement workflows to improve settlement speed and efficiency.
Project News
SpaceX Plans to Publicly Release Its IPO Prospectus by End of May
Sources indicate that SpaceX plans to publicly release its initial public offering (IPO) prospectus by the end of May. SpaceX plans to launch its IPO roadshow during the week of June 8. The company will hold an online meeting for the entire underwriting syndicate's 125 financial analysts the day before the roadshow launch. The allocation size for retail investors in the SpaceX IPO will be "very substantial," and the company will finalize the exact transaction structure closer to the deal's execution. SpaceX plans to invite 1,500 retail investors to a large-scale event on June 11.
Fox News Partners with Kalshi to Integrate Prediction Markets for Enhanced Reporting Accuracy
US news network Fox News has formally integrated the Kalshi platform, utilizing prediction market mechanisms to add accountability to news reporting and encourage content closer to facts. As one of the three major mainstream news networks, Fox News reportedly aims to use prediction markets to remove bias, strengthen accuracy, and ensure news reporting is not influenced by political stances, focusing on correctness.
Binance to Launch Spot Price Range Protection (PRER) Mechanism
Binance announced in a blog post: To prevent user orders from being executed at abnormal prices during extreme market conditions, Binance Spot will implement a Spot Price Range Protection mechanism, allowing orders to be executed only within a dynamic price range. Starting April 14, 2026, the Spot Price Range Protection (PRER) mechanism will be gradually implemented to ensure trading prices reflect a fair and orderly market.
StarkWare announced that Starknet has officially entered Phase 4, aiming to achieve a faster, more decentralized, and more private network while strengthening its connection to Bitcoin. Highlights of this phase include the STRK20 framework supporting ERC20 privacy features and the strkBTC asset, which is redeemable for native Bitcoin, offering privacy transaction options.
Tether CEO Announces Development of Decentralized Search Engine Hypersearch
Tether CEO Paolo Ardoino posted on X, stating that the company's engineering team is intensively advancing new technology development in preparation for future products and services. Paolo Ardoino disclosed that the company is developing a decentralized search engine called Hypersearch. The engine is built on the distributed hash table (DHT) HyperDHT, enabling search services without centralized servers, allowing users to directly retrieve content within a decentralized network.
Investment & Financing
Crypto Rewards Fintech Company GoSats Completes $5 Million Series A Round Led by Konvoy
Crypto rewards fintech company GoSats announced the completion of a $5 million Series A funding round led by Konvoy, with participation from Y Combinator, Taisu Ventures, and others. The company links Bitcoin and gold rewards to everyday spending, helping businesses acquire customers and enhance loyalty. The new funds will be used to develop innovative fintech products and build AI-based personalized services.
Voices
Former Google quantum hardware lead and 2025 Nobel Physics laureate John Martinis warned that Bitcoin could be one of the first real-world targets for quantum computing attacks. He stated that recent Google research shows advanced quantum computers could potentially derive Bitcoin private keys within minutes, significantly reducing the computational security barrier the network currently relies on. Because Bitcoin relies on elliptic curve cryptography and the network upgrades slowly and is decentralized, this makes the quantum threat more difficult to address compared to traditional financial systems.
