Trading

Bitcoin (BTC) fell about 2% on Thursday, briefly trading near $66,200 after another rejection around $69,000. Risk assets slipped after US President Donald Trump's address, while several analysts said a stronger US dollar index (DXY) could pressure crypto further and potentially drive "new lows."

edgeX (EDGE) has demonstrated resilient bullish momentum, climbing 13.71% to trade at $0.7207 as of Thursday, April 2, 2026. This move marks a significant outperformance of the broader market, where Bitcoin (BTC) saw a 1.09% decline. Following its high-profile Token Generation Event (TGE) on March 31, the high-performance perpetual DEX has successfully navigated initial airdrop volatility, supported by major exchange listings and a decisive governance move to stabilize its circulating supply.

Intel Corp (INTC) shares surged on April 1, 2026, closing up 8.84% at $48.03. The rally follows a major strategic announcement: Intel is reacquiring the 49% stake in its Fab 34 facility in Ireland that it sold to Apollo Global Management in 2024. The move is being hailed by Wall Street as a victory lap for Intel’s foundry strategy, signaling that the company has moved past its liquidity crisis and is now in a position of renewed financial strength.

Bitcoin rebounded above $68,000 but could not hold gains after failing to settle over $68,800. BTC is trading below $67,200 and the 100-hour simple moving average, with chart signals pointing to renewed downside risk. Key levels highlighted include resistance at $67,800 and $68,500, and support at $66,000 and $65,500.

Ethereum [ETH] is seeing heavy short pressure after two new wallets deposited 6.8 million USDC into Hyperliquid to open 20x shorts on 17,032 ETH worth $35.65 million. The shorts appear tightly risk-managed, with liquidation levels near $2,466 and $2,319, while broader positioning stays long-leaning as ETH holds above the reclaimed $2,140–$2,160 support zone.

Morgan Stanley filed Amendment No. 4 to its Form S-1 with the SEC on April 1 for the Morgan Stanley Bitcoin Trust, a spot bitcoin ETF proposed to list on NYSE Arca under the ticker MSBT. The filing describes a passive product tied to the Coindesk Bitcoin Benchmark and reiterates a 0.14% annualized delegated sponsor fee, while outlining custody by BNY Mellon and Coinbase Custody and updated mechanics for share creation and redemption.

SIREN fell more than 83% in the last 24 hours, sliding from around $1.77 to $0.28 and cutting market cap from over $1 billion to just above $200 million. The selloff coincided with heavy profit-taking, a 983% daily volume spike, and more than $20 million in Binance Futures shorts. Arkham data showed a large wallet sold about 500K SIREN before returning to buy 1 million SIREN, while onchain holders jumped from 39.85K to 44.58K overnight.

On March 31, BlackRock filed Amendment No. 1 to a Form S-1 with the U.S. SEC describing the iShares Bitcoin Premium Income ETF, a product that pairs bitcoin-linked exposure with options-based income. The filing says shares would trade on Nasdaq under the ticker "BITA" and that the trust plans to seek monthly premium income primarily by selling covered calls on IBIT shares, while noting derivatives and bitcoin-related risks.

Sei rolled out zero-fee swaps across MetaMask, Backpack, and YeiFinance, a change that coincided with SEI climbing more than 10% over the past 24 hours. Trading volume jumped over 258% as activity spread across multiple wallets, though the token still sat in a descending channel with resistance near $0.062 and $0.070. TVL fell to $43.2 million, down 7.32% in 24 hours, raising questions about how durable the move is.

Chainlink has remained under $10 since losing that level in mid-March, after dipping as low as $8.2. Whale activity increased, with more than 8,000 LINK withdrawn per day in the largest Binance outflows, while LINK traded around $9.1 with a 4.96% daily gain and a 74% jump in volume. If demand holds, the token could revisit $9.5 and test $10, though continued selling pressure could pull price back toward $8.4.