• Gold surged to near $5,300, U.S. equities continued to trade deep in the red, Bitcoin retreated to $65,000, while altcoins remain largely “in hibernation.”

• Macroeconomic risks are intensifying, with more than 500,000 jobs cut and global debt rising by $29 trillion, putting pressure on risk assets, including crypto.

• Wintermute believes retail investors are rotating speculative capital from crypto into equities, as compressed volatility, easier capital rotation, and AI-driven advantages in equities make crypto more of a portfolio allocation rather than a primary speculative vehicle.

• Donald Trump expressed disappointment over U.S.–Iran negotiations, warning that military force remains an option. Betting odds of a U.S. strike before April jumped to 69%, while over 15 countries urgently advised citizens to leave Iran amid rising risks of a major military conflict.

• Paradigm is expanding into AI and robotics, raising a new $1.5B fund for long-term strategy.

• $PRTG – South Korea’s tax authority accidentally leaked a seed phrase in a press release, allowing hackers to drain $4.8M worth of PRTG tokens.

• $PYUSD – MoonPay, M0, and PayPal launched PYUSDx, enabling application-specific stablecoin issuance backed by PYUSD.

• $ZK – ZKsync Lite will shut down on May 4, 2026. Users can withdraw funds normally; other ZKsync products remain unaffected.

• $WLFI – World Liberty Financial deployed real-time proof-of-reserves for its USD1 stablecoin, confirming approximately $4.7B in backing assets.

• $TWT – Changpeng Zhao (CZ) once again discussed AI agents, this time tying the narrative to Trust Wallet.