Sigma crypto chad
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My name is Sigma. With 12 years in trading and a stellar crypto team. I'm starting a diary on my trades.

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A user sent 386,300 USD to a fake address, copying it from their transaction history

The user's transaction history was "poisoned" in advanceβ€”a nearly identical address was inserted to confuse the victim.

This is a popular method among scammers; the fake address appears identical at the beginning and end, but the difference is hidden in the middle, where people rarely look.

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The BTC short market is experiencing an oversupply

The next step could be a market squeeze, according to CryptoQuant contributor CoinNiel.

Digital gold is being pulled from exchanges, while funding rates remain deeply negative, increasing the potential for a short squeeze.

From April 6 to 10, open short interest increased from approximately $21.87 billion to $24.37 billion. The combination of rising OI and negative funding suggests that leveraged short positions are rapidly accumulating.

At the same time, the 30-day balance change on OTC exchanges has turned negative, and miners have slowed their selling pace. This suggests that major players are absorbing and holding Bitcoin outside of centralized exchanges.

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Galaxy Research CEO Alex Thorne believes that Bitcoin mining is becoming increasingly centralized, while AI is moving in the opposite direction

Mining the first cryptocurrency began on regular personal computers, but now requires ASIC hardware and industrial data centers.

AI development is proceeding differently. The industry began with large centralized clusters, but open-source solutions are gradually closing the gap with advanced models due to data scarcity, context limitations, and memory constraints.

Local neural networks are becoming more compact and cheaper, making it possible to deploy them on users' personal devices.

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The Ethereum network processed approximately $8.5 trillion in stablecoin transactions in one quarter

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Justin Sun stated that TRON will be the first public blockchain to implement NIST-standardized post-quantum cryptographic signatures on the mainnet to protect assets from quantum threats

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World Liberty Financial has published a proposal to unlock ~62.28 billion WLFI tokens

If this proposal is approved, for 45.24 billion WLFI tokens belonging to the founders, team, advisors and partners of the company, a 2-year blocking period and a 3-year linear unlocking period with 10% burning up to 4.52 billion tokens will be provided.

At the same time, 17.04 billion WLFI for early supporters of the project will fall under a 2-year blocking period and a 2-year unlocking without burning. Tokens not included in this program will remain blocked indefinitely.

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Blockstream CEO Adam Back believes that quantum computers do not pose a real danger yet, but training cannot be postponed

According to him, the best way is to implement optional updates that will allow the network to switch to quantum-resistant cryptography without dramatic changes.

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BTC has fallen below $74,000 again

$120 million in long positions have already been liquidated in just one hour.

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According to Bernstein, the forecast market will reach approximately $240 billion by 2026 (+370% year-on-year

The average annual growth rate will be approximately 80%.

The main drivers will be bets on sports, politics, cryptocurrency, and macroeconomics. Over time, the emphasis will shift toward corporate use for risk hedging.

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Cardano's CEO stated that even with the implementation of BIP-361, some BTC will remain vulnerable

He estimates this to be approximately 1.7 million coins.

The initiative proposes a transition to post-quantum security and could secure up to 34% of the supply, but does not cover older walletsβ€”especially those created before 2013.

Hoskinson criticized the idea of ​​"recovering" such funds and warned that without a solution, they could be frozen or stolen in the future.

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The situation in the Strait of Hormuz and what's next?

Following reports of the first eight oil tankers passing through the Strait of Hormuz, the probability that the situation in the strait will "return to normal" by the end of April has jumped to 47% on the Polymarket forecasting platform.

The share of bets on the restoration of shipping by the beginning of summer reached 82% the day before and now stands at 78%.

Bitcoin has retreated below $77,000, maintaining a daily gain of over 2% and a weekly gain of approximately 5.3%.

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Bitcoin's decline from $78,000 to $75,000 is not a bearish signal

This was stated by analyst Ardi. In his opinion, a retest of support is the most important stage of breakout confirmation.

A loss of the $75,000 level could be considered a bearish signal. In this scenario, a deeper correction is likely.

In turn, Alphractal founder and CEO Zhao Wedson noted that Bitcoin is awaiting its final capitulation phase.

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Aave's TVL fell by $8.45 billion in 2 days

Amid the furor surrounding Aave due to the KelpDAO exploit, users began withdrawing funds en masse from the protocol, causing its TVL to drop from $26.39 billion to $17.94 billion.

The total TVL of all DeFi protocols across all networks also decreased by $13.21 billion.

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The Polymarket prediction platform is in talks with investors regarding a new round of funding

The company’s valuation could reach around $15 billion.

According to media reports, the total amount raised could rise to $1 billion, taking into account the $600 million already invested by Intercontinental Exchange and interest from new investors.

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Following the KelpDAO hack, which saw around $293 million stolen, the DeFi crisis has now hit Aave

Following the freezing of the rsETH and wrsETH markets in V3 and V4, a massive outflow of funds began. According to Arkham Intelligence, addresses linked to Justin Sun have withdrawn over $402.8 million from the protocol.

Furthermore, MEXC and other major players are also reducing their positions, gradually withdrawing hundreds of millions of dollars.

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Neobank Revolut plans to hold an initial public offering (IPO)

This won't happen until 2028. In an interview with David Rubenstein, Storonsky commented on the IPO idea as follows:

"We are, first and foremost, a bank. This [IPO] is very important for a bank. Public companies always enjoy greater trust than private ones."

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