According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

April 16 — Bitget has launched stock contracts for six popular U.S.-listed AI-related assets, per an official announcement, to meet market demand for trading in the sector. The targets include: - AMD (Advanced Micro Devices) - AMAT (Applied Materials) - SNDK (SanDisk) - STX (Seagate Technology) - LITE (Lumentum) - FLY (Firefly Aerospace) These contracts span chips, semiconductor equipment and storage, and offer up to 20x leverage.

April 16 — HTX DAO announced in an official statement that its first-quarter 2026 HTX token burn was successfully completed on April 15. On-chain data indicates a total of 10,825,402,253,521.04 HTX tokens were burned in this round, worth over $19.215 million. Notably, despite a 27% quarter-over-quarter drop in total cryptocurrency market trading volume in Q1 2026, Huobi’s HTX has maintained robust revenue conversion capabilities. It has consistently executed quarterly HTX burns, demonstrating a degree of countercyclical resilience. Data shows that since 2024, the total amount of HTX donated and burned by HTX DAO has exceeded 11% of its total supply, with an annual average deflation rate of 5.5%. This strong deflationary intensity far outpaces most mainstream tokens in the market, endowing HTX with a high level of long-term scarcity and value support.

On April 16th, crypto analyst Darkfost noted that Bitcoin has seen nearly daily net outflows from centralized exchanges (CEXs) over the past two months, with an average monthly net outflow of 1,640 BTC since March—pointing to a trend of investor accumulation. Darkfost added that such structural outflows typically signal reduced selling pressure, particularly amid Bitcoin’s current price consolidation phase. This suggests selling pressure is easing and BTC is moving from CEXs to long-term holding wallets.

On April 16, BitMEX co-founder Arthur Hayes said in a recent article that his fund Maelstrom is currently in a "No Trade Zone." In the first quarter, the fund has essentially halted trading—aside from a slight increase in its long position on Hyperliquid. Hayes identifies two key variables facing the market: First, widespread AI agent adoption will decimate the Western gig economy, sparking a wave of knowledge worker unemployment and a deflationary financial collapse. Second, the Iran-focused conflict led by the Trump administration has now lasted seven weeks, posing a significant threat to shipping in the Strait of Hormuz.

On April 16, per LookOnChain data, three newly created crypto wallet addresses withdrew 1,600 BTC (valued at roughly $120 million) from Binance and BitGo over the past 5 hours.

April 16th — A whale address starting with 0x01f has fully closed its BTC short position in the past half hour, per HyperInsight monitoring (Telegram: https://t.me/HyperInsight). The trade resulted in an approximate loss of $56,000, with a liquidation price of $74,942. The position was opened earlier today with a size of 139 BTC, worth around $10.42 million at the time of opening. Address: 0x01f135c734b4aae018ebf4e7995c560a38422e50