OpenGradient launches OPG Token Airdrop Registration Portal, with 4% of the total supply allocated for the airdrop

On April 16, Bitfinex’s official social media update noted that a whale has amassed over 270,000 Bitcoin in 30 days—marking the largest buying spree for the asset since 2013. Additionally, Bitcoin holdings on the exchange are at their lowest level since December 2017.

On April 16, a JPMorgan Chase analyst stated that negotiations over the U.S. “Cryptocurrency Market Structure Act” (known as the CLARITY Act) have entered the final stage, with both sides compromising on the few remaining contentious points. The number of current disputes has dropped from more than a dozen to 2–3 core issues, and discussions on stablecoin regulation are “in a good place.” While banks have raised concerns about stablecoins offering bank-like interest rates, a bipartisan compromise is emerging overall. JPMorgan Chase noted there is “no perfect bill,” and if passed, the legislation will provide critical regulatory clarity for integrating digital assets into the U.S. financial system. The CLARITY Act is currently in advanced negotiations in the U.S. Senate. Senate staff have said the draft is “very close” to being finalized but have not released the final text or scheduled a formal vote. Major remaining disagreements center on stablecoin regulation, DeFi oversight, and t

On April 16, on-chain analyst Murphy noted that the 1-3 month Short-Term Holder Cost (1-3m_RP) sits around $75,400—aligning with BTC’s current price. In this latest downtrend, BTC has rebounded near this resistance level for the second time. The last bounce around Jan 13-19 saw a minor breakout, followed by selling pressure and a further pullback. Per historical data from the past three cycles, no successful reversal has ever occurred after just the second attempt to test this resistance—making another pullback highly likely. Additionally, there’s another possible scenario: if BTC breaks above this level, it could hit a higher resistance zone—the Short-Term Holder Average Cost Line (STH-RP), currently around $81k. Some 2.31 million BTC are held at this level; if BTC faces resistance here following a rally, the market will need time to absorb selling pressure before cautiously deciding its next direction.

On April 16, Bithumb announced that GRACY, SPURS, ZTX, WIKEN, and FITFI will be added to its trading warning list. The exchange also plans to publish a notice detailing specific delays, cancellations, or terminations of trading support for these tokens during the third week of July.

On April 16th, Upbit to Add SPURS to Its Watchlist.

Crypto exchange Upbit announced on Wednesday, April 16 that its NAP/BTC trading pair will be delisted on Monday, May 18.