UK asset manager Legal & General to onboard over ￡500 billion in funds onto the blockchain through the Calastone DLT network

April 16: Per analyst Alicharts, Bitcoin is at a key turning point, testing its 100-day Simple Moving Average (SMA) as resistance—marking the third such attempt in six months. The prior two tests ended in rejection: - Last October: Bitcoin was rejected, triggering a 30% drop from $116,000 to $80,000. - This January: Another rejection led to a 39% plunge from $97,000 to $59,800. Alicharts warned a third rejection here would be a significant structural failure, potentially triggering a triple-top pattern that could push BTC back toward its yearly low of $59,800. If Bitcoin breaks through this barrier and closes above the 100-day SMA, upside potential will open. The breakout would clear a path to $80,000–$84,000, confirming the macro correction may have concluded.

On April 16, per HyperInsight monitoring (https://t.me/HyperInsight): In the past 10 minutes, an address starting with 0x965 opened a 40x-leveraged long position on BTC totaling $12.6 million, at an average price of $74,959 with a liquidation price of $73,980. Shortly after, the address set an extremely tight stop-loss at $74,700—just $200 from the current price. Earlier today, the same address opened tens of millions of dollars in S&P 500 index long positions twice, attempting to chase the rally. Previously, it initiated multiple short positions on crude oil. Overall, the bias leans toward betting on a recovery in risk market liquidity. Address: 0x9657aa2cd45f2cfe77bef47f026bd835edcd165c

April 16 — Former Trump senior aide and White House advisor Stephen Miller said that if Iran takes the wrong path, the United States can indefinitely continue blocking Iranian ports. (Al Jazeera)

April 16: In response to the BIP-361 "Quantum Freeze" proposal put forward the previous day, BitMEX Research released a research article stating that this one-size-fits-all freeze would have significant impacts—potentially disrupting markets and user funds before a tangible quantum threat emerges. The article also proposes an alternative solution: First, enter a "Canary Watch State" in five years. A special "Canary Fund" address will be pre-deployed on-chain, with cryptographic proof that no one possesses its private key. As long as the address remains unspent, it indicates no functional quantum computer capable of stealing Bitcoin has emerged, and funds in quantum-vulnerable addresses can still be used normally. Only when an on-chain transaction successfully moves funds from this address will it signal that quantum attacks pose a practical threat, triggering immediate activation of the freeze mechanism.

April 16: On-chain lending platform Votre has closed a $3.75 million seed round, led by a16z CSX with participation from MaC Venture Capital and angel investors. Proceeds will be allocated to scaling Votre’s technical infrastructure and enhancing its lending platform’s functionality. (Via Vctavern)

April 16: Per Farside Investors, Bitcoin ETFs saw net inflows of $186.1M yesterday, with IBIT posting $291.9M in net inflows, FBTC recording $47.3M in net outflows, and ARKB seeing $42.2M in net outflows. Ethereum ETFs had net inflows of $67.9M, with ETHA posting $31.5M in net inflows and Grayscale ETH adding $24.8M in net inflows.