Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

April 16 — A new survey from financial giant Nomura Securities, the “2026 Digital Asset Institutional Investor Survey,” finds nearly 80% of institutional investors plan to allocate 2% to 5% of their total assets under management (AUM) to cryptocurrencies. Some 65% of respondents view crypto as a diversification tool on par with stocks, bonds and commodities. The survey included institutional investors and family offices overseeing more than $600 billion in combined AUM. On investment priorities: Over two-thirds of respondents are interested in earning returns via decentralized finance (DeFi) mechanisms like staking, 65% are exploring lending and tokenized assets, and 63% are looking into derivatives and stablecoins. Also, 63% see stablecoins as having practical use cases — including cash management, cross-border payments and investing in tokenized assets — with those issued by major financial institutions being the most trusted. Nomura noted regulatory clarity, greater awareness

On April 16, per HyperInsight monitoring, the crypto market has seen a sharp rebound, with several top on-chain whales taking profits and exiting positions. The "Matrixport-affiliated whale"—once the holder of the second-largest ETH long position—fully liquidated today, netting a $48.2 million profit. As of press time, the largest ETH long position on Hyperliquid has been transferred to "Buddy" Huang Licheng. He currently holds a 25x-leveraged ETH long position worth $32.5 million, with an average entry price of $2,245 and a liquidation price of $2,151. Sources note this address plans to take partial profits when ETH hits $2,350, with profit-taking extending up to $2,425. The estimated closing amount is ~$4.42 million. Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872

April 16th — Per on-chain analyst Ai Auntie (@ai_9684xtpa), “Brother Ma Ji” (Huang Licheng)’s ETH long position is now the second-largest holding on Hyperliquid, with an overall floating profit of $1.599 million. His positions are detailed below: - BTC: 40x long position, 204 coins held (valued at $15.23 million); entry price $73,971, floating profit $120,000 - ETH: 25x long position, 13,925 coins held (valued at $32.56 million); entry price $2,245.7, floating profit $1.263 million - HYPE: 10x long position, 211,000 coins held (valued at $9.57 million); entry price $44.286, floating profit $216,000

On April 16, Daniel Wang, founder of Liquid Capital (formerly LD Capital), stressed the importance of acknowledging he is "very ordinary." Whether in traditional industries or the crypto space, he has always focused on primary market investments and secondary market trading. While operating projects and trading platforms can be highly profitable, the reality is his energy and abilities are limited—he can only admire others in those areas. In 2018, he incubated a market maker, but the team pocketed profits for themselves while leaving losses to his firm. This left them battered, and they exited the space in 2019. Since then, he has not been deeply involved in market making; at most, he has backed a few strong trading teams. Conspiracy theories always gain the most traction, but he’s no "hexagon warrior"—he lacks the ability and energy to manipulate projects, a fact clear to trading platforms.

On April 16, Binance will list USDT-margined perpetual contracts for MSFTUSDT, AVGOUSDT, and BABAUSDT.

April 16 — Cryptocurrency fund manager Joe McCann is under investigation in Tanzania’s Zanzibar after his fiancée died under suspicious circumstances. Local authorities have confiscated his passport and ordered him to remain in the country pending the results of a forensic autopsy. American 31-year-old influencer Ashlee Jenae recently died at a luxury resort in Tanzania. Her fiancé, Joe McCann, is the founder of crypto hedge fund Asymmetric. McCann claims Jenae died by suicide, but her family and friends vehemently deny this — issuing a public statement asserting she would never have taken her own life. They’ve called on authorities to conduct a full investigation. Public records show McCann’s fund lost 78% in July 2025 and was forced to shut down. The timeline between the fund’s collapse and Jenae’s sudden post-engagement death has sparked questions in the crypto community about whether it’s merely a coincidence.