South Korean financial regulators have issued a multi-billion won fine and a 
three-month business suspension against Coinone following a probe into 
systemic anti-money laundering failures. The Korea Times, Chosun, and Yonhap 
News reported on Monday that the Financial Intelligence Unit…

South Korea penalizes Coinone with a $3.5M fine for AML lapses

Bitcoin and ether ETFs reclaimed positive territory after recent volatility 
with combined inflows of $973 million. XRP quietly gained ground, while solana 
slipped into outflows. Key Takeaways Bitcoin ETFs gained $786 million and 
ether $187 million from April 6–10, led by Blackrock IBIT demand. IBIT and 
ETHA drove flows, while Grayscale GBTC outflows show uneven […]

Bitcoin, Ether ETFs See Nearly $1 Billion in Weekly Inflows

The potential launch of new financial tools by X could reshape the crypto 
landscape, fostering innovation and broader market recovery.
The post X product chief floats idea of building &#8220;something&#8221; to address crypto 
slump appeared first on Crypto Briefing.

X product chief floats idea of building “something” to address crypto slump

Ethereum&#8217;s recent outperformance of Bitcoin suggests a shift in crypto market 
dynamics and investor sentiment.
The post Kavita Gupta: Ethereum outperforms Bitcoin, insider trading poses unique challenges in prediction markets, and long-term strategies are key for navigating volatility | Unchained appeared first on Crypto Briefing.

Kavita Gupta: Ethereum outperforms Bitcoin, insider trading poses unique challenges in prediction markets, and long-term strategies are key for navigating volatility | Unchained

As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest 
crypto treasury, has announced its latest ETH purchase, which pushed the 
company’s holdings closer to its ultimate goal. Related Reading: Dogecoin 
(DOGE) Retreats, Can Bulls Reclaim Upside Momentum? Bitmine Reaches Major 4% 
ETH Milestone On Monday, the largest Ethereum treasury in the world, Bitmine 
Immersion Technologies, revealed it had reached a major milestone after 
purchasing roughly $157 million of ETH in the past week. In its latest update, 
the company shared that it acquired 71,524 ETH over the past week, its highest 
pace of buys since the week of December 22, 2025. Bitmine’s Chairman, Tom Lee, 
detailed that the Ethereum treasury “has maintained the increased pace of ETH 
buys in each of the past four weeks, as our base case ETH is in the final 
stages of the ‘mini-crypto winter.’” Notably, the company has been ramping up 
its bet on the King of Altcoins over the past month, significantly increasing 
its average of 45,000-50,000 ETH purchases from previous weeks. Now, the 
company’s crypto and cash holdings have reached $11.8 billion at current 
prices, comprised of 4,874,858 ETH, 198 Bitcoin (BTC), a $200 million stake in 
Beast Industries, an $85 million stake in Eightco Holdings as part of its 
“Moonshots” initiative, and unencumbered cash worth $719 million. In addition, 
Bitmine’s Ethereum holdings have reached 4% of the total ETH supply. This 
represents a key milestone toward the company’s goal of controlling 5% of the 
leading altcoin’s 120.7 million supply, which is currently 81% complete. Last 
week, the treasury firm announced its uplisting to the New York Stock Exchange 
(NYSE) from the NYSE American on April 9, 2026, and the expansion of the share 
repurchase program to $4 billion. Ethereum Starts Q2 In Green In the weekly 
update, Lee also discussed ETH’s performance amid the ongoing conflict between 
the US and Iran, noting that “this war remains the most important driver of 
global markets.” He highlighted that “ETH is now the best-performing asset 
since the start of the war, with a 17.4% gain and outperforming the S&amp;P 500 by 
1,830 basis points. And we believe ETH beating gold by 2,743 basis points 
demonstrates ETH is the wartime store of value.” “Ethereum continues to 
benefit from the dual tailwinds of Wall Street tokenizing on the blockchain 
and from agentic AI systems increasingly needing public and neutral 
blockchains,” he continued. Market observer Daan Crypto Trades pointed out 
that Ethereum started the quarter “slightly in the green so far,” with a 3.7% 
increase Quarter-to-Date (QTD), according to CoinGlass data. The trader noted 
that this quarter “is generally the best quarter, together with Q1, for 
Ethereum,” as it has ended in green eight out of ten times, with an average 
and median return of 58.3% and 15.3%, respectively. Related Reading: Bitcoin 
Bulls Must Hold This Level Or Price Could Crash To $65,000 Again Meanwhile, 
crypto analyst Ted Pillows highlighted that ETH is back in its $2,150-$2,200 
support zone after the weekend pump. Per the post, if this zone holds, the 
King of Altcoins could rally back above $2,250 and potentially move toward 
last month’s top near $2,400. Nonetheless, they warned investors about a 
potential drop if momentum doesn’t hold. “We&#8217;ve seen that historical price 
action has not really been in Crypto&#8217;s favor the past year, so take everything 
with a grain of salt,” Daan cautioned. Featured Image from Unsplash.com, Chart 
from TradingView.com

Cryptocurrency price in BTC