In the past 1 hour, there has been a total of $130 million in liquidations across the entire network, with the majority coming from the liquidation of long positions.

On April 17th, ORDI extended its sharp rally, per HTX data—briefly surpassing $9.5 before trading at $9.022 currently, with a 212% 24-hour price gain. Total liquidations for ORDI contracts across all exchanges over the past 24 hours hit $22.75 million, including $5.18 million in long liquidations and $17.57 million in short liquidations.

April 16th — Mizuho Bank analysts said in a Thursday report that X Money, the financial feature from Musk’s X platform, could disrupt the U.S. payments industry but may face regulatory hurdles for its crypto integration plans. In a client note, analysts Dan Dolev and Andrew Jenkins wrote that X Money is positioned as X’s financial infrastructure layer, aiming to integrate instant messaging, bank deposits and business transactions — similar to the super app models of WeChat Pay or Alipay. With X’s 500-600 million monthly active users (MAUs) and Musk’s background as a PayPal co-founder, “X Money has the potential to shake up U.S. payments,” they added. On the regulatory front, the analysts flagged two key potential obstacles: 1) New York’s proposed “CRYPTO Bill” would criminalize unlicensed virtual currency operations in the state, raising the compliance threshold for X’s future crypto plans; 2) The “Clarity Act” could restrict non-bank platforms from offering user yields, pote

On April 16th, per HTX data, ORDI has continued surging—briefly topping $8.5—currently trading at $8.261, with a 24-hour gain of 189%.

**April 16 — Przemys?aw Kral, CEO of Polish crypto exchange Zonda, released a video statement Thursday, revealing a cold wallet holding ~4,503 Bitcoins (current value ~$334 million) for the first time. The wallet’s last on-chain transaction was recorded in November 2025.** **Kral noted the wallet’s private key was never transferred during a company handover — a process supposed to be led by Zonda founder and ex-CEO Sylwester Suszek, who has been missing since March 2022. He denied embezzlement claims, saying: “This is the main reason I’m urgently seeking Sylwester.”** **Against this backdrop, Zonda faces multiple controversies: Local media reports Polish authorities are investigating the exchange; blockchain analytics firm Recoveris, citing a sharp drop in Zonda’s hot wallet balance, suggested the platform may be insolvent. On April 6, Kral rejected bankruptcy allegations, insisting Zonda holds over 4,500 Bitcoins and remains fully solvent.** **On withdrawal pressure: Zonda ty

April 16th — Ethereum Foundation (EF) senior leader Josh Stark has announced his resignation after five years with the organization, set to officially step down at the end of April. Stark joined the EF in 2019, starting on the Special Projects team before advancing to a leadership role. He worked closely with EF Chair Aya Miyaguchi, Ethereum co-founder Vitalik Buterin, and Co-Executive Directors Hsiao-Wei Wang and Bastian Aue. A prominent external face of the Foundation, he led key Ethereum milestones including *The Merge* (the Proof-of-Work to Proof-of-Stake upgrade) and subsequent upgrades Dencun, Fusaka, and Pectra. Last year, amid a senior leadership reshuffle at the EF, Stark was appointed Co-Managing Director of the EF Board. Most recently, he took on the role of Co-Chair of the "Trillion-Dollar Security" initiative. Just last month, he co-authored a strategic Ethereum blog post with Josh Rudolf and Julian Ma, outlining the network’s latest scalability direction and its tie

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.