White House: Trump Did Not Set a Specific Ceasefire Deadline, Contrary to Media Reports of "3 to 5 Days"

On April 23, derivatives whale "Top 10 Goals First" took to social media to note that the long position they entered the previous day has been closed via a take-profit order. The position was opened at $75,731 per BTC, totaling 717.491 BTC—valued at approximately $55.6 million at the time of opening.

**FTX Founder SBF Temporarily Withdraws New Trial Motion, Citing Fair Hearing Concerns** April 23rd — FTX founder Sam Bankman-Fried (SBF) has temporarily withdrawn his motion for a new trial, per a letter sent to New York Judge Lewis J. Liman, where he stated he does not believe he can receive a “fair hearing” before the judge. Filed Wednesday with the U.S. District Court for the Southern District of New York, SBF noted he had been focused on addressing questions from Judge Liman—including whether his attorney drafted the motion filed under Federal Rule of Criminal Procedure 33 (a new trial request). “Because I’ve had to focus on these issues instead of drafting a response to the prosecution’s opposition, and because I don’t believe I can get a fair hearing on this before you, I’m now requesting to withdraw the Rule 33 motion—without prejudice to refiling it after my direct appeal and related requests for a new judge are resolved,” SBF wrote in the letter.

As of April 23, Onchain Lens data shows whale address 0x5C2 opened a 3x short position on CHIP in the past 24 hours, currently sitting on a floating loss of over $1.7 million. Another whale, 0x0ee, deposited $1.9 million in USDC into Hyperliquid and made its first CHIP trade: it netted $323k in profits from a long position, but was partially liquidated during a subsequent short position, ultimately closing the position with a loss of over $1.26 million.

On April 23, on-chain data analyst Yujin reported that 75,700 ETH (roughly $175 million) stolen by the KelpDAO hacker has been mostly converted to BTC after a day and a half of mixing activity. The hacker’s cross-chain ETH-to-BTC swaps were primarily facilitated via the THORChain protocol. The activity has generated $800 million in trading volume and $910,000 in platform fees for THORChain.

April 23 — Ben Pasternak, founder of Solana-based decentralized app Believe, was arrested and charged with second-degree strangulation and third-degree assault, per the New York Criminal Court.

April 23 (Bloomberg) — Cryptocurrency venture capital firm Blockchain Capital is raising $700 million for two new funds, Bloomberg reported Wednesday, citing people familiar with the matter. The firm is simultaneously targeting its seventh early-stage fund and second growth fund, and has already begun deploying some of the new capital. The fundraising round is expected to wrap up in five to six months. ### Notes on American English adaptation: 1. **Structure**: Opens with a concise (Source) — [Headline] format (standard for U.S. financial news). 2. **Vocab**: Uses "wrap up" (colloquial, common in U.S. business writing) instead of "be completed"; "targeting" (preferred in VC circles for fundraisings) instead of "raising funds for". 3. **Clarity**: Avoids redundant phrasing (e.g., "the company" → "the firm" to avoid repetition); adds "Wednesday" to align with U.S. date formatting conventions. 4. **Flow**: Moves the "citing people familiar with the matter" to the end of the f