Bitcoin Breaks $69,000, 24-hour Gain Extends to 2.57%

Per monitoring from 1M AI News (via its Telegram channel @OneMillion_AI), Elon Musk has mandated that banks, law firms, audit firms, and other advisory firms participating in SpaceX’s first IPO must subscribe to Grok as a condition of involvement. Some banks have agreed to allocate millions of dollars annually for Grok subscriptions and have begun integrating the tool into their IT systems and corporate infrastructure. In addition to Grok subscriptions, Musk has also asked these banks to advertise on X—but the ad requirement is relatively less strict. The Grok mandate is not a voluntary move by the banks; it’s an explicit condition Musk has insisted on. Major participating banks include Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup. SpaceX recently raised its target IPO valuation to over $2 trillion, potentially making it the largest IPO in history. This has strengthened Wall Street institutions’ desire to participate, leading them to show great

April 6 — OnchainLens data shows loracle.hl (@loraclexyz) has sold all 450,000 HYPE tokens, securing $15.012 million in USDC. To date, $12.725 million of that USDC has been deposited into Binance. Separately, prior reports indicated Hyperliquid Labs team members will receive 333,000 HYPE tokens today — tokens unstaked on March 29 — with an approximate value of $13 million.

April 6: Per LookOnChain monitoring data, a newly created wallet (0xc9c3) transferred 3.98M USDC to Hyperliquid in the past two hours and opened a 20x-leveraged short position on 9,526 ETH—with a notional value of roughly 20.25M USDC. The position is currently sitting on a floating loss of ~255k USDC.

Per Token Unlocks data, multiple tokens are set for large one-time unlocks this week, starting April 6. Notably, Hyperliquid Labs team members will receive 333,000 HYPE tokens today—tokens unstaked on March 29—valued at roughly $13 million. The full unlock schedule is below: - RED: April 6 | 40.85M tokens (~$4.25M) | 13.89% of circulating supply - MOVE: April 9 | 164.58M tokens (~$2.97M) | 4.92% of circulating supply - BABY: April 10 | 612.5M tokens (~$7.56M) | 37.77% of circulating supply - ME: April 10 | 10.73M tokens (~$1.09M) | 2.21% of circulating supply - LINEA: April 10 | 1.38B tokens (~$4.68M) | 5.32% of circulating supply - IO: April 11 | 13.29M tokens (~$1.28M) | 4.15% of circulating supply - AGI: April 11 | 99.03M tokens (~$1.07M) | 4.59% of circulating supply - APT: April 12 | 11.31M tokens (~$9.65M) | 0.68% of circulating supply - PEAQ: April 12 | 84.84M tokens (~$1.20M) | 4.23% of circulating supply - CHEEL: April 13 | 6.42M tokens (~$2.58M) | 0.82%

April 6: LookOnChain data shows trader @thomasg_eth sold 11,409 ETH (valued at $23.47 million) and 13,150 AAVE (valued at $1.21 million) two hours earlier.

**April 6 Update** Binance founder Changpeng "CZ" Zhao shared an excerpt from his new book *Freedom of Money* on Wednesday, detailing the exchange’s July 14, 2017 launch: As the countdown hit “three, two, one,” Binance went live—but its BNB trading page immediately flooded with sell orders, no buys in sight. The price inched down, silence replacing the room’s earlier excitement. Receptionist Xiaofang, who’d been recording the moment, quietly put down her phone. CZ added in a referenced tweet: *All book sales revenue will be donated to charity; I’m not profiting from this.* Per BlockBeats’ April 3 report: *Freedom of Money* has topped Amazon’s Bitcoin & Cryptocurrency new releases chart. The e-book drops this week (pre-orders open now, unless further edits are needed), with the English physical edition launching next week. Other language versions will roll out in coming months. The Chinese version is titled *Binance Life* (“no better name,” CZ noted). HTX market data shows