US Stock Futures Dive Further

April 12 — Binance Alpha will list Genius Foundation (GENIUS) on April 13, per an official announcement.

Eligible users can claim an airdrop using Binance Alpha points on the Alpha Events Page once trading begins. More details will be released soon.

On April 12, Bittensor co-founder Jacob Robert Steeves addressed the Covenant AI incident, noting the recent events had left the team "deeply shaken." He held Covenant AI founder Samuel Dare responsible for severe harm to the protocol and its community, breaching the trust of investors and users, and apologized to those who incurred losses from the incident. Steeves noted Bittensor’s original design aimed to counteract human greed and selfishness, enabling collective AI ownership by all participants via a permissionless mechanism. He stressed that while the incident revealed system vulnerabilities, it would also push the protocol and community to boost their risk resilience. On future plans, Steeves proposed upgrading the "Locked Stake" mechanism by adding a "time + stake" commitment layer at the protocol level—aimed at improving transparency, protecting investors, and mitigating similar risks. He noted the proposal was initially developed with input from Samuel Dare. Addition

April 12 — LookOnChain monitoring shows two whales are accumulating TRUMP tokens ahead of the Trump banquet. - Whale 8DHkza withdrew 850,488 TRUMP (≈$2.4 million) from Bybit over the past two days; - Whale 7EtuAt pulled 105,754 TRUMP (≈$298,000) from Binance 17 hours ago and now holds a total of 1.13 million TRUMP (≈$3.2 million).

On April 12, it was confirmed that Elon Musk’s social app XChat will officially launch on the App Store on April 17. Musk has previously noted that XChat is designed to replace Twitter’s old direct message (DM) system, with the platform offering full end-to-end encryption for text, file sharing, audio, and video calls.

April 12th, Cointelegraph reported that macro investor Jordi Visser said key levels signaling a potential trend reversal for Bitcoin and Ethereum are within reach—even as many in the crypto industry increasingly believe the market has entered a bear cycle. “If Bitcoin breaks $76,000 and Ethereum breaks $2,400 simultaneously, I think that’ll mark the start of a sustainable uptrend this year,” he noted. “I don’t see an economic recession coming.” Visser also added: “I expect inflation to stay high, and people will need to find profit-generating assets in a world where the S&P 500 isn’t gaining.” Right now, the Kalshi prediction market puts the 2026 U.S. recession probability at 24%—down 10 percentage points from the past 30 days. Visser’s outlook contrasts with growing pessimism in crypto: Some even anticipate Bitcoin dropping below its Feb. 6 year-to-date low of $60,000. Veteran trader Peter Brandt said on March 31 that Bitcoin may retest that level in September or October late

April 12 – Israeli media reported on April 12 that following the failure of U.S.-Iran negotiations to reach an agreement, Israel assesses the U.S.-Iran ceasefire may be extended to allow both sides to continue engagement. (Xinhua News Agency)