Weekly Recap｜Strategy Adds 4,871 BTC, U.S. FDIC Releases Draft Stablecoin Guidelines, Echobit Hosts
2026.04.13
Weekly Overview (Apr 6 – Apr 12)
Last week, the crypto market remained in a volatile consolidation phase, largely influenced by macroeconomic uncertainty and escalating geopolitical tensions, particularly the U.S.-Iran conflict.
Bitcoin experienced a sharp drop below $70,000, triggering short-term panic, but quickly rebounded, reflecting resilient institutional fundamentals. Geopolitical risks intensified safe-haven demand, positioning crypto at the intersection of both risk-on and risk-off narratives.
Meanwhile, continued accumulation by institutions highlighted strengthening confidence in major assets.
Looking ahead, the key question is whether Bitcoin can confirm a breakout and stabilize above key levels. Capital inflows and outflows from institutional investors will be critical in determining whether the market continues its upward trend or enters a technical correction.
This report provides a concise recap of last week’s key developments in the crypto industry and a preview of the major trends and events to watch in the coming week.
Market Pulse
U.S. March CPI rose to 3.3%, in line with market expectations.
HSBC and Standard Chartered obtained stablecoin licenses in Hong Kong.
CEX trading volume dropped nearly 50% from its October peak, hitting a 17-month low.
Fox partnered with Kalshi to integrate prediction market data into news programming.
The U.S. CFTC Chair reiterated clear jurisdiction over prediction markets.
Bitcoin mining firm MARA transferred 250 BTC after announcing a 15% workforce reduction.
Strategy added 4,871 BTC at an average price of $67,700.
Japan’s 10-year government bond yield hit its highest level since 1999.
Funding & M&A
A total of 12 funding rounds were recorded last week, raising over $75 million, mainly across DeFi and AI sectors:
Web3 AI project Oh raised $7.5 million in Series A, led by Maven11 Capital.
RWA Layer 1 network SimpleChain completed a $15 million seed round.
India-based crypto rewards platform GoSats raised $5 million in Series A.
Gobi Partners invested in Transak to expand compliant stablecoin and digital payment infrastructure in Asia.
Pharos raised $44 million in Series A to advance RWA public chain infrastructure.
Policy & Compliance
Argentina included crypto assets in qualified investor net worth calculations.
CME Bitcoin futures activity dropped to a 14-month low, signaling weaker institutional demand.
The U.S. CFTC reaffirmed its stance that sports betting falls under financial regulation.
The U.S. Treasury is considering requiring stablecoin issuers to comply with AML and sanctions obligations.
The U.S. FDIC released draft guidelines for institutional stablecoin issuance, covering reserves, redemption, and capital requirements.
Echobit Highlights
Echobit launched the April Futures Trading Competition, offering more trading opportunities.
Echobit rolled out the Easter Special campaign.
Echobit continued the Points Challenge campaign.
Echobit introduced the Words Search Puzzle activity.
Echobit launched the Chart Prediction Challenge.
Echobit rolled out the Thursday Frenzy weekly engagement event.
Echobit introduced the BTC Weekly Closing Price Prediction activity.
Echobit launched the April Welcome Campaign to support user growth.
Echobit introduced the Quote & Win Giveaway to boost community interaction.
Echobit released product updates to enhance user experience.
Echobit co-hosted a Telegram AMA with partners to strengthen community engagement.
Next Week Preview (Apr 13 – Apr 19)
French President Emmanuel Macron will deliver a keynote at Paris Blockchain Week on April 15.
The U.S. Senate Banking Committee will hold a hearing on April 16.
The Federal Reserve will release its Beige Book on economic conditions.
Tokens including CONX, ARB, and DBR are scheduled for large-scale unlocks this week.
Goldman Sachs (GS) will release its Q1 earnings, setting the tone for the banking sector.
The U.S. will publish weekly initial jobless claims data (as of April 11).
Echobit will continue tracking global crypto developments — focusing on market movements, regulatory trends, and funding opportunities — helping you stay ahead throughout every market cycle.