2026-04-13 23:15 to 2026-04-13 23:30 (UTC), the ETH spot price rose rapidly, with the range return reaching +1.45%, closing at 2394.15 USDT. The high-low range was 2347.17–2394.15 USDT, with a swing of 2.00%. Short-term volatility suddenly surged, market attention increased, on-chain activity and derivatives sentiment moved in clear sync, resulting in a high-density resonance. The main driver behind this anomaly is that multiple on-chain transfers of more than 10,000 ETH occurred in a concentrated manner, with funds actively flowing to exchanges, forming a strong @E0@

Former CFTC Chairman Chris Giancarlo announced that he will take on the role full-time as a crypto and technology adviser, continuing to push the development of digital currencies and financial technology. He had been dubbed “Crypto Dad” for his support of the crypto industry, and after stepping down he has provided consulting services to multiple organizations.

From 19:15 to 19:30 (UTC) on 2026-04-13, the BTC price rose by 0.74% in the short term. The price range was 72,320.5 to 72,907.8 USDT, and the amplitude reached 0.81%. During this period, market attention increased rapidly, trading activity noticeably intensified, and key on-chain and exchange metrics rose in sync. The main driving force behind this abnormal move was a sharp surge in spot and derivatives trading volume in a short time. Within the anomaly window, BTC spot and derivatives trading volumes reached approximately $350 million and $680 million, respectively, both up about 67% compared with the prior cycle, indicating that the upward momentum was strongly supported.

Bernstein’s research report states that the Bitcoin pullback reflects market concerns about the risks of quantum computing, and argues that the quantum threat is manageable and does not constitute a systemic risk. Current technological progress provides a cushion for Bitcoin, giving developers 3 to 5 years to push forward a post-quantum upgrade. Institutional investors will help drive consensus formation, but user migration remains the main challenge.

On April 12, the prediction market Polymarket briefly appeared in Google News search results, but was then removed. Google said this was an error and said it will no longer display it. The platform has been proactively integrated with media and has already partnered with Google and the X platform.

Bittensor co-founder Jacob Steeves responds to the Covenant AI incident, accusing its founder of betraying trust and issuing an apology. Steeves says he will move forward with a locked staking mechanism, enhance protocol transparency and resilience to risk, and continue to push for open AI development.

Macro investor Jordi Visser believes that if Bitcoin and Ethereum break through $76,000 and $2,400 respectively, it will kick off a sustainable uptrend. He expects high inflation to push investors to seek profitable assets, and notes that the probability of an economic recession has fallen to 24%. This view contrasts with the current bearish expectations in the crypto industry.

Covenant AI announced that it is exiting the Bittensor network, questioning the authenticity of its decentralized governance structure and believing that decision-making power is centralized and lacks transparency. In recent subnet operations, it encountered improper behavior such as adjustments to management privileges. It believes this is inconsistent with the principles of decentralization. Covenant AI will continue to push forward in the direction of decentralized AI training.

Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.

Gate News message, according to The Information, Polygon Labs is seeking up to $100 million in funding to expand its payments business. This move signals the company’s strategic growth push in the fintech space.