BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On April 22 (local time), Iran’s Foreign Ministry spokesperson Bagheri said Iran has not yet decided whether to join a new round of talks with the U.S. (CCTV News)

On April 22, Yi Lihua—founder of Liquid Capital (formerly LD Capital)—noted the crypto market rebound is continuing as expected. “Everyone’s debating how far the rebound will go, but we can only take it one step at a time,” he said. “In fact, compared to the S&P 500 hitting a new high and MicroStrategy’s aggressive crypto buys, the current crypto rebound looks relatively weak—clearly showing traits of a bear market bounce.” He added: “Over the past two days, I’ve been closely watching MicroStrategy’s risks. Its aggressive coin-acquisition strategy may work short-term but carries medium-term risks, especially during bouts of macro financial stress. It’s critical to stay ready at all times for potential major opportunities. There’s no need to be pessimistic about crypto—opportunities in this space always emerge during bear markets. People jump into bull markets excited, only to leave with losses.”

On April 22, Coinbase’s Quantum Computing and Blockchain Independent Advisory Board released its first position paper. The paper’s core takeaway: Bitcoin’s core infrastructure is fundamentally secure. Quantum computing will not pose a substantial threat to Bitcoin mining, hash functions, or the blockchain’s transaction history. The real vulnerabilities lie at the wallet level, while Ethereum has a clear roadmap to address this issue in the near future. Earlier this year (January), Coinbase announced the establishment of the advisory board, whose members include researchers from Stanford University, the University of Texas at Austin, and the Ethereum Foundation.

April 22: Per LookOnChain monitoring, whale address 0xD91D created a new wallet (0xEb2a) and deposited 9,500 wstETH into Spark. Subsequently, the whale borrowed 9,500 ETH (valued at $22.68 million), transferred it to Binance for sale, and withdrew USDE from Binance to repay its loan on Aave.

April 22nd — Strategy’s Bitcoin position has turned profitable today, per Monday’s latest announcement. Details: The firm holds 815,061 BTC (valued at $61.363 billion), with an average cost basis of $75,527 per coin. At today’s Bitcoin price of $77,902, the realized gain stands at $1.935 billion.