🌕 CZ-owned Trust Wallet launches AI agents that can execute crypto trades
The digital wallet owned by Binance founder Changpeng Zhao, which has more than 220 million customers, said Thursday that users can now employ artificial intelligence-powered agents to perform a variety of crypto transactions.
"Today, Trust Wallet launches the Trust Wallet Agent Kit (TWAK) — infrastructure that lets AI agents execute real crypto transactions, across more than 25 blockchains, within rules that users define and control," the company said in a blog post. The agents can handle cross-chain swaps across several networks, including Solana and Bitcoin, in addition to managing recurring buys.
Crypto firms are increasingly experimenting with AI-powered automation, aiming to allow users to enlist agents that can actively manage portfolios and execute trades.
The new toolkit offers two ways to operate, one where the AI agent has its own wallet and can execute trades automatically based on set rules, and the other where it suggests transactions that users then need to approve.
"Trust Wallet has always been built on a single principle: your keys, your crypto. TWAK extends that principle into the age of AI agents," also according to the blog post. "With WalletConnect mode, an AI can help you act on your portfolio — research, propose, execute — without ever holding your keys. You stay in control."
While the cryptocurrency exchange initially bought Trust Wallet in 2018, it now operates as an independent company.
🔵 XRP News: Evernorth Reveals Massive Exchange Outflow Ahead of Ripple’s XRP Las Vegas
Evernorth Holdings on Thursday said XRPL’s native coin is witnessing a massive demand from whales and institutions, creating a supply shock. This happens as Ripple sparks XRP Las Vegas buzz, with CEO Brad Garlinhouse and executives from other prominent crypto companies to attend the largest event.
For the first time since February 3, BTC has returned above $79k. In one day — a 4% rise, with $350 million in shorts from late bears liquidated along the way.
Since the last post, the token has plummeted by 98%, only to rebound by 490% from its low. Everyone except insiders and a few lucky speculators who managed to survive this carnage lost money.
The pattern almost mirrors $MYX: a crazy pump → a crash → a comeback by several hundred percent → (usually followed by another crash) 🎢
🔵 Cardano Long-Term Buy Zone for the Next Bull Cycle
Cardano is in the second bear market phase within a multi-year channel, and history shows where it could bottom out and begin to recover.
An analysis from TradingShot highlighted this trend in an April 20 commentary. The report showed that Cardano ($ADA ) has been stuck within this range since the 2021 all-time high of $3.10, with prices currently in a corrective phase.
🔸 Second Cardano Bearish Leg
The 5-year channel has had periods of price consolidation and expansion. For context, after the 2021 peak, ADA entered a bearish phase within a tighter descending wedge, falling 92.3% from the high to $0.239 in December 2022.
Afterward, its price started to recover. From the low, it jumped 452% to reach this cycle’s high of $1.32 in December 2024. The price aligned with the channel’s upper resistance, where ADA’s bullish momentum faded.
🔸 ADA’s Current State
Meanwhile, Cardano has corrected 75.5% from the current bearish channel’s highest price of $1.02 to its current market price of $0.249. The analyst compared the current price point to that of June 2022, when ADA was in the first bearish channel.
During that time, there was a bullish divergence in the weekly timeframe, with prices making lower lows while the RSI made higher lows. This divergence took time to materialize, but when it did, the coin broke out of the bearish channel and targeted higher prices. The analyst has spotted the same bullish divergence, suggesting that ADA could replicate the price action seen in 2022 if history repeats.
🔸 Ideal Long-Term Buy Zone
TradingShot also drew on historical data to project when Cardano was likely to bottom out. According to the commentary, ADA could drop lower to at least $0.10 by the end of the year if the 2022 bear cycle pattern repeats and the coin drops 92.3% within the channel. This would mark another 59.8% drop from the current market price.
🟡 Binance Cuts XRP Pair with Mexican Peso as Ripple Partner Bitso Dominates the Region by 77,879%
World's largest crypto exchange Binance has announced the delisting of the XRP/MXN trading pair, scheduled for April 24. At first glance, the news suggests that Binance is cutting off a fiat route for XRP in Mexico, but a closer look at the data reveals the exchange is removing an uncompetitive segment.
Current market data from CoinMarketCap explains Binance’s decision better than any press release. A comparison of $XRP performance against the Mexican peso reveals total dominance by the local player, Bitso.
🔸 Why XRP/MXN delisting on Binance is actually a win for Ripple’s partner Bitso
Daily trading volume on Binance stands at a modest $2,868, while Bitso processes more than $2.23 million. In addition, Bitso holds about $776,000 in liquidity within 2% of the price. Binance barely exceeds $2,400 in this metric, making large-volume trading on the platform impossible without severe price slippage.
Binance’s exit from this narrow segment does not weaken $XRP ’s position. It highlights the effectiveness of Ripple’s strategy in the region, as Bitso is not just an exchange but a key infrastructure node in the Ripple Payments system. The massive gap in trading volumes, 770 times higher than Binance, confirms that Bitso successfully acts as a liquidity bridge for cross-border transfers between the United States and Mexico.
While Binance attempted to attract retail participants to the XRP/MXN pair, Bitso integrated the asset into the real economy, enabling instant conversion of dollars into pesos through XRP. Binance remains a global hub for speculative trading in USDT pairs, but local fiat corridors are now mostly handled by Ripple’s strategic partners.
Users running trading bots on Binance must close XRP/MXN positions before 03:00 UTC on April 24. For real payments into Mexico, Bitso continues to provide the deepest liquidity and the most stable pricing.
⚪️ Arbitrum freezes $71 million worth of $ETH stolen in Kelp DAO exploit
The Arbitrum Security Council has frozen 30,766 ETH, worth about $71.1 million, held in an address on Arbitrum One linked to the $292 million Kelp DAO exploit over the weekend.
In a Tuesday post on X, Arbitrum said the security council has moved the funds to an intermediary frozen wallet, adding that the action did not affect other chain state and Arbitrum users.
The funds will remain frozen unless further action is approved through Arbitrum governance, the team said.
"The Security Council acted with input from law enforcement as to the exploiter's identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications," said the statement. The Block reached out to Arbitrum for further information.
The move follows a major exploit on Saturday involving Kelp DAO, a LayerZero-powered cross-chain bridge, which resulted in the loss of 116,500 rsETH tokens worth roughly $292 million.
Preliminary findings from LayerZero suggested that the attack was likely linked to North Korean hacking group Lazarus.
LayerZero has also criticized Kelp DAO's use of a 1-of-1 decentralized verified network (DVN) configuration, arguing that it introduced a single point of failure by lacking independent verification to detect a fraudulent cross-chain message.
Kelp DAO pushed back on the statement, saying that the 1-of-1 DVN setup was shipped as the default configuration at LayerZero.
😐 More than 6 billion dollars have been withdrawn from AAVE protocols!
🔸 Reason: KelpDAO hack
➤ Markets rsETH are frozen in Aave V3/V4, SparkLend, Fluid, and 9+ other protocols. Loans with wETH in Core, Prime, Arbitrum, Base, Mantle, and Linea are also frozen.
➤ Layer Zero is called a "leaky" DEFI. The project team remained silent for 10 hours after the hack. Later, they only wrote, "We are aware of the hacker attack... we are trying to determine the root cause of what happened."
Many DeFi protocols suspend LayerZero integrations (OFT bridges).
➤ Kelp + LayerZero are preparing a joint official detailed public report (post mortem).
➤ MoveVM developers are discussing the transition of DEFI to the MOVE programming language. The token #MOVE rose by 44% at the moment (Movement).
However, the root cause of the vulnerability is not related to the programming language and the VM.
➤ Justin Sun offers the hacker a deal - "KelpDAO hacker, how much do you want? Let's just talk. There's no need to sacrifice both Aave and KelpDAO and let them go under because of this hack. In any case, you won't be able to spend $300m."
He personally withdrew 65,584 ETH from AAVE (about $154m).
➤ The hacker tried to steal about 80,000 rsETH more, but was prevented. The damage could have exceeded $400m...
➤ Wrapped rsETH in 20+ L2 chains (Base, Arbitrum, Linea, etc.) are now left without collateral.
This is no longer just a story about another hack. It's a case about how one problematic cross-chain path turns into a systemic risk for all DeFi...
📉 The cryptocurrency RAVE (RaveDAO) experienced a sharp drop after a rapid price surge in the RAVE/USDT pair. Following strong hype and quick gains, early investors began taking profits, which led to increased selling pressure. As a result, the price fell significantly in a short time.
This decline highlights the high volatility of the crypto market, where rapid growth is often followed by equally fast corrections.
🔴 Is it a correction or were people just liquidated (shaken out)?
Crypto enthusiasts on X/Twitter note that a "death cross" has formed on the Bitcoin dominance chart, which historically preceded powerful rallies in the altcoin market.
If they are not mistaken, we are in for several months of active growth.
🟣 SOL Eyes $120 Target if Bulls Defend $87 Support Level Zone
Solana continues to attract strong market attention as price action reflects a mix of liquidation-driven momentum and improving technical structure. The asset trades at $88.87, posting a 3.84% daily gain and a 6.39% weekly increase. Trading volume has surged past $6.1 billion, signaling active participation.
Analysts now focus on whether Solana can sustain its recent breakout or face another liquidity-driven pullback. The current setup places Solana at a critical point, where both short-term momentum and higher timeframe confirmation could define the next major move.
🔸 Liquidation Clusters Drive Short-Term Momentum
According to CW8900, recent price movement reflects aggressive liquidation activity across key leverage zones. The liquidation heatmap shows dense clusters below $81 and above $89.
Price repeatedly tested the lower range, triggering long liquidations before reversing sharply. This behavior suggests strong buyer absorption at lower levels.
Moreover, the push toward $90 cleared a significant number of short positions. Consequently, the upward move gained strength as forced closures added buying pressure. This pattern indicates that liquidity, rather than organic demand, fueled the breakout.
However, holding above $87 remains essential for continuation. A drop below this level could trigger a retrace toward $84, where the market may rebuild liquidity.
🔸 Cup and Handle Structure Signals Upside Potential
Additionally, CryptoJobs3 identifies a clean cup and handle formation on the 4-hour chart. The structure developed after a liquidity sweep below $80, where buyers regained control. The rounded base formed steadily, while resistance near $93 to $95 defined the rim.
Recent pullbacks maintained higher lows, shaping a tight handle above $84 to $86. This formation reflects weakening selling pressure and steady accumulation.
🟠 Arthur Hayes Reveals 90% of His Net Worth Is in Bitcoin
BitMEX co-founder Arthur Hayes has revealed that over 90% of his personal wealth remains tied to Bitcoin. But surprisingly, he won’t buy more right now. However, he also said the market may stay unstable due to global tensions and future money printing.
In addition to this, he has expressed a stronger relative interest in selective altcoins like Zcash and Hyperliquid.
🔸 Arthur Hayes Keeps 90% Wealth in Bitcoin
In a recent interview with Anthony Pompliano, Arthur Hayes confirmed that more than 90% of his total net worth is currently held in Bitcoin.
When Pompliano asked him directly about his portfolio, Hayes did not shy away; he said it plainly,
💬 “I think probably 90% of my net worth is Bitcoin.”
And further, when Pompliano asked what he does when the price swings wildly?
He says nothing. He simply does not react because he got into Bitcoin very early, and his cost basis is extremely low, the day-to-day price movement does not shake him.
Hayes noted that the kind of calm only comes when you have been in the game long enough to stop being scared of the noise.
🔸 Hayes: Won’t Buy More Bitcoin Right Now
Despite holding most of his wealth in Bitcoin, Hayes made it clear he would not put fresh money into it today. His reason is straightforward. He is still waiting for what he calls a big “money printing” event, a major moment when central banks flood the market with fresh liquidity.
🔸 Two Altcoins Hayes Is Most Bullish On
While Hayes is cautious about adding more Bitcoin, he is actively watching the altcoin market for faster-moving opportunities.
Out of everything available, he said Zcash and Hyperliquid are the two altcoins he is most bullish on right now.
In his view, these assets carry stronger short-term upside compared to Bitcoin at current levels, making them more attractive for deploying new capital in the near term.
The Iranian Foreign Minister announced that due to the ceasefire in Lebanon, the passage for all commercial ships through the Strait of Hormuz is fully open for the duration of the truce.
📈 $RAVE and $SIREN extend gains amid market manipulation warnings
Rave DAO and Siren were among the day’s winners, once again showing that tokens were a major target for rallies. Both tokens received warnings of potential market manipulation.
Rave DAO (RAVE) and Siren (SIREN) both traded near all-time highs after another upward leg of record rallies. The tokens have sustained that pace in the past week, sparking suggestions of an organized pump. Tokens with this type of price action often require significant efforts from market makers and coordinated trades that may benefit insiders.
RAVE peaked at new records just below $19, though with short-term volatility. The token also caused a mix of long and short liquidations after a brief dip to the $10 range in the past day.
🔸 RAVE exposes traders to liquidation risk for both long and short positions
The token’s performance showed increased risk for liquidations and extreme risk on the spot market. The biggest flaw of RAVE is that most of the supply is still controlled by the team, and may be sold at any time. Despite this, betting on the end of the RAVE rally has proven risky.
RAVE may repeat the performance of SIREN, which had several vertical rallies in the past months. SIREN peaked at $2.36 in March and is back with a new rally as high as $1.73.
Despite the volatile trading, tokens like RAVE remain popular. Crypto traders can still benefit from large directional moves. RAVE, SIREN, and other tokens have liquid futures markets, as well as spot trading, and have shown they will not end in a rug pull. In some ways, those tokens behave similarly to meme tokens, but are comparatively more reliable, as the projects aim for a much longer run.
As a result, a handful of selected tokens will outperform the altcoin market, offering extreme risk, but also enough liquidity to lock in gains.
Bitcoin is sitting in a tight area where both resistance and downside liquidity now matter. While price is pressing into a familiar barrier near the mid $74,000 to $76,000 range, traders are also watching the $73,000 to $73,500 zone below for a possible sweep.
🔸 Bitcoin Liquidity Builds Between $73K Support and $76K Resistance
Bitcoin is trading between two key liquidity zones, with downside pressure building just below the current price and resistance forming overhead, according to a Binance BTC/USDT liquidation map shared by Daan Crypto Trades on X.
The chart shows large liquidity clusters sitting around $73,000 to $73,500. That area stands out as the nearest downside zone where price could move if Bitcoin starts to sweep lower liquidity. In liquidation terms, those clusters often attract price because they mark areas where leveraged positions may get forced out.
Above the market, the main level to watch is $76,000. Daan Crypto Trades said Bitcoin made an equal high there yesterday, matching the previous local high from March. That makes $76,000 an important resistance area, since price failed to break higher on both attempts.
For now, the setup shows Bitcoin caught between support side liquidity below and equal high resistance above. If BTC loses momentum, the $73,000 to $73,500 zone could come into focus quickly. However, if buyers push price through $76,000, that could weaken the short term resistance structure and open the way for a move higher.
🔸 Bitcoin Returns to January Resistance as Breakout Confirmation Still Lacks
Bitcoin has climbed back to the same resistance zone that capped price in January, according to chart analysis shared by Elja on X. The setup puts focus on whether BTC can finally break through or face another rejection from a level that previously triggered a sharp decline.
🔸 Ethereum Price Prediction: Support Tested, $2,400 Caps Upside
Ethereum is testing a key support area while traders watch whether buyers can hold the latest pullback. At the same time, resistance levels at $2,400 and $2,665 keep the upside path crowded.
Ethereum Pullback Puts $2,222 to $2,036 Support Zone in Focus Ethereum may be entering a wave two pullback, with chart analyst Man of Bitcoin pointing to a support area between $2,222 and $2,036. The setup mirrors a similar view on Bitcoin and suggests ETH could face more short term downside before any stronger bullish continuation appears.
The 4 hour chart shows Ethereum trading near $2,311 after pulling back from the recent local high around the $2,380 area. The analyst marked the current move as a possible corrective decline, with Fibonacci support levels stacked below price. Those levels include $2,222, $2,166, $2,111, and $2,036, which together form the main support zone for the expected wave two retracement.
At the same time, the chart keeps a broader bullish structure on the table as long as ETH holds that lower area. A white projected path shows the pullback finishing before a possible push higher in a larger wave three move. However, if Ethereum loses the $2,036 level, the chart opens room for a deeper drop toward lower downside targets shown near $1,755 and $1,387.
For now, the analysis suggests Ethereum remains in a correction phase rather than a confirmed breakdown. The key question is whether buyers step in between $2,222 and $2,036. If they do, the pullback could stay within a bullish wave structure. If not, downside pressure may grow and push ETH into a much deeper retracement.
At the moment, Shiba Inu is in a state of textbook stagnation. Following a protracted downtrend, SHIB has been trading sideways at $0.0000058-$0.0000060, with very tight price action and decreasing volatility. All of the major moving averages on the chart indicate compression, and there are no significant breakout attempts.
This is a market without direction, not accumulation with strength. These are the three main causes of SHIB's impasse along with potential solutions.
🔸 Narrative behind meme coin is weak
Hype has always been SHIB's primary motivator. At the moment, that story is mostly missing. Attention has turned to other industries like AI tokens, DeFi infrastructure and tokenized real-world assets as retail participation has decreased.
Whether it is through social momentum, significant listings or ecosystem advancements, SHIB requires a revitalized narrative cycle. Liquidity does not reappear without attention. SHIB will naturally profit if meme coins gain popularity again.
🔸 Market has very little liquidity
Many altcoins, including SHIB, are seeing a decline in volume. This is evident on the chart, which shows low volume, narrow candles and rapid absorption of any price movement. Price trends are impossible without liquidity.
🔸 Long-term value proposition: Unclear
SHIB has trouble with positioning, in contrast to more recent narratives. It has not completely developed into a powerful utility-driven asset, but it is also no longer a pure meme coin. This puts it on an uncomfortable middle ground. What is the solution?
Some reflection of returning market activity would be indicated by a break above the $0.0000065-$0.0000070 zone. The downside opens once more with a loss of the $0.0000055 price level.
🔵 Ethereum Price Opens 8% Higher at $2,370 on Iran Optimism
The Ethereum price jumped 8 percent to $2,370 Tuesday morning as Trump’s signals about potential Iran peace talks triggered a broad risk-on rally across crypto markets, with bitcoin touching $74,900 and the total crypto market cap approaching $2.6 trillion.
Ethereum opened Monday at $2,191 and fell 4.1 percent from Sunday’s open as the naval blockade went live. Tuesday’s 8 percent reversal at the open demonstrates how directly Iran war headlines are driving Ether’s price action in the absence of a crypto-specific catalyst. The CLARITY Act markup window opening this week is the first regulatory catalyst Ethereum has had since the ceasefire rally, and passage of the bill would formalize Ethereum’s digital commodity classification under federal law for the first time.
🔸 Ethereum Price: Why the Rally Is Wider Than Just Bitcoin
When bitcoin rallies alone, it typically reflects either a bitcoin-specific catalyst or safe-haven rotation within crypto. When Ethereum rises 8 percent on the same day, it reflects a broader improvement in risk appetite across the asset class. Tuesday’s move included XRP gains, altcoin recovery, and total market cap approaching $2.6 trillion, meaning the Iran peace signal triggered a system-wide repricing rather than a single-asset move. That distinction matters because system-wide rallies have historically been more durable than single-asset moves driven by short squeezes.
🔸 What the ETF Outflow Divergence Means
XRP pulled in $119.6 million in weekly ETF inflows while Ethereum recorded $129 million in outflows on a single day. That divergence is striking and reflects different institutional narratives. XRP is being accumulated ahead of expected CLARITY Act clarity that would cement its digital commodity status.