Bitcoin Drops Below $74,000

April 16 — President Trump tweeted that he had a "very good" meeting with Lebanese President Joseph Aoun and Israeli Prime Minister Netanyahu. Both sides agreed to a 10-day ceasefire, effective at 5 p.m. Eastern Time on Tuesday, to advance peace between the two countries. Trump said he has "resolved 9 global conflicts" and that this would be the 10th.

April 16 — Uniswap Labs announced the official launch of its Uniswap Developer Platform today via its official blog. The platform, which entered beta in February, has already seen over 3,000 API keys created, with MetaMask and Privy completing integration of the Uniswap API. The full launch introduces three key updates: 1. A revamped documentation site featuring an AI toolkit, API interaction sandbox, technical guides, and quick-start modules; 2. New Liquidity Provider (LP) endpoints added to the Uniswap API; 3. A toolset tailored for AI-native development. Developers can now seamlessly create and adjust liquidity positions, claim fees via the API, and specify liquidity pools by Pool ID — eliminating the need to manually configure token pairs, fees, tick spacing, and other parameters.

April 16 – The Lebanese Presidency said in a statement that Lebanese President Aoun spoke with U.S. President Trump. Aoun thanked Trump for advancing the ceasefire process, while Trump pledged to “meet Lebanon’s ceasefire request as soon as possible.” Per Axios, an Israeli Defense Ministry official noted the ceasefire agreement between Israel and Lebanon could be announced Thursday night local time. “We’re at a crossroads,” the official said. “No conclusion yet, but a result may come today.” (Source: Wall Street News)

April 16th — Per CertiK monitoring data, decentralized finance (DeFi) protocol Rhea Finance fell victim to an attack, with attackers siphoning at least $7.6 million total. The exploit involved leveraging a flash loan to deploy a fake token contract, injecting liquidity into a new pool, and deceiving the oracle and verification layer to execute the attack.

April 16 — Binance has named Thiago Sarandy as its Brazil Country Manager, where he will oversee the company’s strategy and operations in the country. Sarandy, who joined Binance in 2022, has been involved in industry communications and developments tied to Brazil’s virtual asset regulatory framework. He brings regulatory, legal and market expertise to the role, having previously served as Binance’s Head of Regulatory and Legal Affairs for Brazil and El Salvador. Binance noted it will continue expanding localized products and use cases in Brazil, including supporting Pix via Binance Pay and offering services like the Binance Mastercard.

April 16 – Federal Reserve Governor Milan stated Wednesday that the rest of the year may see just three interest rate cuts. While leaning toward three cuts this year, the central bank could also opt for four, he noted. (FX678)