Lido Growth Committee Withdraws 4.82 Million LDO from Binance and Transfers to Multi-Sig Wallet

On April 16, Binance will list USDT-margined perpetual contracts for MSFTUSDT, AVGOUSDT, and BABAUSDT.

April 16 — Cryptocurrency fund manager Joe McCann is under investigation in Tanzania’s Zanzibar after his fiancée died under suspicious circumstances. Local authorities have confiscated his passport and ordered him to remain in the country pending the results of a forensic autopsy. American 31-year-old influencer Ashlee Jenae recently died at a luxury resort in Tanzania. Her fiancé, Joe McCann, is the founder of crypto hedge fund Asymmetric. McCann claims Jenae died by suicide, but her family and friends vehemently deny this — issuing a public statement asserting she would never have taken her own life. They’ve called on authorities to conduct a full investigation. Public records show McCann’s fund lost 78% in July 2025 and was forced to shut down. The timeline between the fund’s collapse and Jenae’s sudden post-engagement death has sparked questions in the crypto community about whether it’s merely a coincidence.

On April 16, Bitfinex’s official social media update noted that a whale has amassed over 270,000 Bitcoin in 30 days—marking the largest buying spree for the asset since 2013. Additionally, Bitcoin holdings on the exchange are at their lowest level since December 2017.

On April 16, a JPMorgan Chase analyst stated that negotiations over the U.S. “Cryptocurrency Market Structure Act” (known as the CLARITY Act) have entered the final stage, with both sides compromising on the few remaining contentious points. The number of current disputes has dropped from more than a dozen to 2–3 core issues, and discussions on stablecoin regulation are “in a good place.” While banks have raised concerns about stablecoins offering bank-like interest rates, a bipartisan compromise is emerging overall. JPMorgan Chase noted there is “no perfect bill,” and if passed, the legislation will provide critical regulatory clarity for integrating digital assets into the U.S. financial system. The CLARITY Act is currently in advanced negotiations in the U.S. Senate. Senate staff have said the draft is “very close” to being finalized but have not released the final text or scheduled a formal vote. Major remaining disagreements center on stablecoin regulation, DeFi oversight, and t

On April 16, on-chain analyst Murphy noted that the 1-3 month Short-Term Holder Cost (1-3m_RP) sits around $75,400—aligning with BTC’s current price. In this latest downtrend, BTC has rebounded near this resistance level for the second time. The last bounce around Jan 13-19 saw a minor breakout, followed by selling pressure and a further pullback. Per historical data from the past three cycles, no successful reversal has ever occurred after just the second attempt to test this resistance—making another pullback highly likely. Additionally, there’s another possible scenario: if BTC breaks above this level, it could hit a higher resistance zone—the Short-Term Holder Average Cost Line (STH-RP), currently around $81k. Some 2.31 million BTC are held at this level; if BTC faces resistance here following a rally, the market will need time to absorb selling pressure before cautiously deciding its next direction.

On April 16, Bithumb announced that GRACY, SPURS, ZTX, WIKEN, and FITFI will be added to its trading warning list. The exchange also plans to publish a notice detailing specific delays, cancellations, or terminations of trading support for these tokens during the third week of July.