a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter

Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate.
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Bybit’s Market Share Rebounds by 7% After February Hack

Bybit’s market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack.
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Bitcoin ETFs Record $127 Million in Outflows after Trump’s Tariff Pause

U.S. spot Bitcoin ETFs experienced $127.12 million in net outflows on April 9, despite President Trump’s announcement of a 90-day pause on new tariffs, which boosted U.S. stocks. The Nasdaq saw its best day since January 2001, but this didn’t translate to Bitcoin ETFs, highlighting a disconnect in market reactions.
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VanEck Confirms China and Russia Settling Energy Trades in Bitcoin

VanEck reports that China and Russia are settling some energy trades using Bitcoin, highlighting a growing trend of de-dollarization and Bitcoin’s emerging role as a neutral settlement layer in global trade.
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