Yesterday the US Bitcoin Spot ETF saw a net inflow of $358.1 million, and the Ethereum ETF saw a net inflow of $85.2 million

**Hong Kong Stablecoin-Related Stocks Surge Ahead of HKMA’s First Stablecoin License Announcement** April 10 — Hong Kong-listed stablecoin-related stocks extended gains in afternoon trading on Wednesday, per market data. Guotai Junan International (01788.HK) surged over 40%, Lion Rock Group (02562.HK) rose more than 17%, Yunfeng Financial Group (00376.HK) gained nearly 12%, while China Everbright Group (00165.HK) and Huaxing Capital Group (01911.HK) each climbed over 8%. Earlier reports confirmed the Hong Kong Monetary Authority (HKMA) will unveil the first batch of stablecoin licenses at 5 p.m. HK time on April 10, followed by a media briefing with licensed stablecoin issuers.

On April 10th, Onchainlens data shows a whale has held a 5x long position on HYPE since December 6, 2025—with an average entry price of $38.67 and a peak unrealized loss of over $26 million. Currently, HYPE is trading above $40, putting the whale’s floating profit at over $2.77 million. However, the account still needs to generate more than $800,000 to reach full breakeven. The whale has already paid over $1.9 million in funding fees to keep the position open.

Hong Kong’s Monetary Authority (HKMA) will announce the first batch of stablecoin licenses at 5 p.m. April 10, followed by a media briefing with licensed issuers. Earlier, the HKMA completed the final review of the first batch of applications in mid-March 2026 and is now in the final preparation stage for the official announcement. It received 36 applications total, with plans to issue 2 to 3 licenses in the initial batch under strict regulatory standards. In early February this year, Eddie Yue, Chief Executive of the HKMA, stated the authority aimed to release Hong Kong’s first stablecoin issuer licenses in March. He emphasized: “The number of licenses in the first batch will definitely not be large—we’re prioritizing prudence.” (Source: Daily Economic News)

April 10th — Per HyperInsight monitoring (via https://t.me/HyperInsight), on-chain data shows a whale known for **longing BTC while shorting altcoins to hedge market downturns** has profited from BTC/altcoin exchange rate swings amid downward volatility. But with BTC recently stabilizing, HYPE has continued to rally — hitting over $40 today with a >5% intraday gain. This pressure on both sides of the whale’s position pair triggered a **$900k intraday fund withdrawal**. Current holdings: - BTC long (40x leverage): $30.4M - HYPE short (5x leverage): $23.2M When HYPE last surged, the whale started building positions and fully closed them by March 20th, totaling ~$53M. Since then, net unrealized losses stand at ~$300k (no realized gains yet). Previously, the same whale used a similar play: a ~$50M BTC long paired with shorts on ETH, XRP, ADA, and 8 other coins. That strategy was successful, netting ~$37.1M in total profits across the cycle.

April 10: The war of words between Binance founder CZ and OKX’s Star escalated again, with OKX CEO He Yi personally disclosing more “inside information.” He Yi stated Star was the first to label CZ the “richest man” — aiming to take CZ down and get Binance sanctioned. Star later left the country without issues, and that wasn’t just from reporting Li Lin alone. Other attacks on Binance include: - Deliberately blaming Binance for the “1011 crash” to stoke FUD - Framing BNB Chain memecoins as Binance-issued and manipulated - Labeling CZ a “scammer” to promote himself - Repeatedly highlighting OKX’s compliance to discredit Binance - Taking the moral high ground to sow discord between CZ and He Yi - Constantly attacking Binance to “ride the popularity wave”

April 10 — In response to Covenant AI’s recent departure from the Bittensor network, Bittensor co-founder Jacob Steeves issued a statement on Discord. He revealed that when dTAO launched a year ago, the team initially planned to roll out a community-led subnet governance mechanism: subnet Alpha holders would vote via their wallets to elect the Hyperparameter Council. The feature was delayed, however, due to the early need to grant subnet owners greater control. Steeves argues now is the right time to reignite this discussion, proposing a community voting mechanism to elect the council and relaunch the subnet. He emphasized he is one of Bittensor’s top three stakeholders, supporters, and technical contributors — and will personally participate in the mechanism, recommend qualified candidates, and advance the project’s original goals established with Covenant AI founder Sam Dare. Meanwhile, Steeves bluntly labeled Sam Dare’s recent decisions “clearly malicious and greedy.” Still