TD Cowen: Probability of Crypto Market Structure Bill Passing This Year Only One in Three

April 1st — U.S. semiconductor stocks staged a broad overnight rally, with SanDisk (SNDK) climbing more than 10% and Micron Technology (MU) rising over 7%, per data from HyperInsight monitoring (link: https://t.me/HyperInsight). Ahead of today’s market rebound, a whale with a wallet address starting with 0xa65 on the Hyperliquid platform had already taken a position yesterday afternoon: it opened a 3x leveraged long position on MU, with an average entry price of $322 and a position size of $8.74 million — making it the largest on-chain bullish position on MU. With the sector rallying sharply today, the position’s unrealized gains have hit $504,000 (+15%).

On April 1st, a crypto whale withdrew a total of 6,905 ETH from exchanges WhiteBIT and 001K Bot, per on-chain analyst Ai Auntie (@ai_9684xtpa). The average withdrawal price was $2099.38, putting the total value at $14.496 million. The move came shortly after the Iranian president delivered a speech.

On April 1, 2010, Satoshi Nakamoto addressed Bitcoin’s quantum decryption risk on the Bitcointalk forum, proposing that a smooth transition could be achieved through a progressive upgrade to the signature algorithm.

April 1st — Onchain Lens monitoring reports Vitalik has again sold gifted meme tokens, with each fetching 14.5 ETH (valued at roughly $30,000). He also transferred 70,000 USDC and 44 ETH to Railgun for a private transaction.

On April 1, the USD.AI team officially announced via an X post that the CHIP airdrop is now open for claiming. ICO holders and airdrop participants alike can now claim their tokens, with a deadline of May 30, 2026. ### Notes on American English adjustments: 1. **Date phrasing**: Used *On April 1* (more concise than *April 1st* in casual/breaking news contexts). 2. **X platform**: *Via an X post* (natural for U.S. audiences; "X" is widely recognized now). 3. **Term correction**: Fixed *1C0* to **ICO** (standard abbreviation for Initial Coin Offering, critical for clarity). 4. **Flow**: Replaced "Both...and" with *"alike"* for smoother tone; rephrased deadline to *"with a deadline of"* for tighter structure. 5. **Brevity**: Cut redundant phrases (e.g., "officially announced in a post on X" → *"officially announced via an X post"*).

**Aligned Revises ALIGN Tokenomics (April 1)** Aligned, the decentralized zero-knowledge (ZK) proof verification layer, has updated its ALIGN tokenomics as of April 1. ### Updated Key Details: - **Total Supply**: 10 billion ALIGN - **Initial Circulating Supply**: ~16% of total (≈1.6 billion) - **Allocations & Unlock Schedules**: - 23.5% to team: 40% cliff unlock after 12 months; remaining 18% linear unlock - 19.71% to investors - 18% to ecosystem: 3.23% unlock at TGE; 6-month cliff unlock; remaining 24-month linear unlock - 16.61% to future reserve: 40.24% unlock at TGE; 6-month cliff unlock; remaining 24-month linear unlock - 11.4% to foundation: 37.83% unlock at TGE; remaining 30-month linear unlock - 8.74% for airdrops: 44.36% unlock at TGE - 2.04% for community sales: 32.72% unlock at TGE ### Prior Tokenomics Framework (Earlier Release): In prior news, the Aligned Foundation had released an earlier ALIGN tokenomics model with the same 1