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Circle launches Wrapped Bitcoin product cirBTC, offering a tokenized Bitcoin solution for the institutional market
Circle announces the launch of Circle Wrapped Bitcoin (cirBTC), a 1:1 tokenized Bitcoin backed by native BTC, designed specifically for institutional markets. The reserve can be verified in real-time on-chain, suitable for OTC trading and other institutional scenarios. cirBTC will initially be launched on Ethereum and Arc platforms, with a formal release after regulatory approval is completed.
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Deep Tide TechFlow News, April 3rd, according to The Information, AI company Anthropic acquired startup Coefficient Bio for approximately $400 million.
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Bitcoin mining company MARA lays off approximately 15% as it shifts its strategy to become an energy and digital infrastructure company.
One of the world's largest Bitcoin mining companies, MARA, is laying off approximately 15% of its staff and transforming into an energy and digital infrastructure company. MARA has acquired a subsidiary of EDF to enter the AI field and recently sold over 15,133 BTC to repay debt. Affected employees will receive severance compensation.
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SpaceX is expected to reach a $2 trillion valuation, surpassing Meta and Tesla
SpaceX raises its target valuation for its initial public offering to over $2 trillion, preparing to conduct a "test water" briefing for potential investors. This valuation will make it surpass most companies in the S&P 500 index.
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Deep Tide TechFlow News, April 3rd, according to Jin10 Data, Tether is making its final push for funding at a $500 billion valuation, urging investors to commit to an agreement within the next two weeks. ( The Information )
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Deep Tide TechFlow News, on April 2nd, Coinbase announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Coinbase National Trust Company, officially obtaining a federal trust license.
This license is designated for custody and market infrastructure services. Coinbase explicitly stated that it will not transform into a commercial bank, will not accept retail deposits, and will not engage in certain reserve bank activities. The OCC federal trust license will provide a unified federal regulatory framework for its custody services an
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In the past 24 hours, the entire network experienced liquidations totaling $459 million, mainly from long positions.
Data from April 2 shows that the total liquidations in the cryptocurrency market over the past 24 hours reached $459 million, including $270 million in long positions and $189 million in short positions. BTC and ETH were liquidated for $98.0288 million and $102 million respectively, with an average of 185,796 people being liquidated. The largest single liquidation occurred in Hyperliquid's SP500-USD trading pair, valued at $17.2798 million.
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Iranian crude oil prices have traded at a premium to Brent for the first time since 2022.
According to Argus Media, after the U.S. temporarily eased sanctions on Iranian oil, Iranian crude prices for the first time traded at a premium to Brent crude, reflecting its gains in controlling the Strait of Hormuz. This change indicates that buyers are willing to pay higher prices for circulating crude oil, pushing up global oil prices.
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Deep Tide TechFlow News, on April 2nd, X platform product manager and Solana ecosystem advisor Nikita Bier revealed that X platform is advancing a countermeasure against cryptocurrency phishing scams: if an account posts cryptocurrency-related content for the first time in its history, the platform will automatically trigger an account lock and require identity verification.
Nikita Bier stated that this measure is expected to eliminate 99% of malicious intent. He also pointed out that Google currently fails to effectively block related phishing emails, which remains one of the major channels f
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Deep Tide TechFlow News, on April 2nd, according to HTX market data, BTC broke through $67,000, currently trading at $67,032.99, with a 24-hour decline narrowed to 1.87%.
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Deep Tide TechFlow News, April 2nd, according to the Islamic Republic News Agency (IRNA): Iranian Deputy Foreign Minister Gharibabadi stated that Iran is working with Oman to draft a Strait of Hormuz transit agreement. (Jin10 Data)
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Federal Reserve's Logan: The balance sheet can be reduced by changing regulatory rules
Dallas Fed President Logan discussed the Federal Reserve's approach to reducing the balance sheet, noting that the current financial system is functioning well and suggesting regulatory adjustments to encourage banks to lower reserves, thereby achieving efficient balance sheet management. She emphasized that some liquidity rules have not enhanced safety but have instead led to inefficient use of reserves.
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Deep Tide TechFlow News, April 2nd, according to Jinshi Data, Federal Reserve's Logan stated support for the Federal Reserve to keep interest rates unchanged at the recent FOMC meeting, and the labor market has stabilized from the second half of 2025 to this year.
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Deep Tide TechFlow News: On April 2nd, crypto journalist Eleanor Terrett posted on X that a small number of banks and crypto industry executives will review the new stablecoin yield agreement text over the next two days, aiming to resolve the lobbying disputes over stablecoin yields in the previous CLARITY Act as soon as possible. It is reported that the relevant text will be limited to specific participants for review and will not be publicly disclosed more broadly. Those who visited Capitol Hill last week can review the text on-site but are not allowed to carry copies.
Coinbase Chief Legal O
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CryptoQuant: If macro risks ease, Bitcoin could rebound to $71,500–$81,200
CryptoQuant reports show that Bitcoin spot demand continues to decline, market selling pressure exceeds buying interest, and whale addresses are turning into net sellers. If the macro environment improves, Bitcoin may rebound in the short term to the $71,500–$81,200 range.
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Judge halts Trump administration's ban on Anthropic, U.S. Department of Justice files an appeal
The Trump administration has decided to appeal a federal judge's ruling that paused the government's ban on using Anthropic technology. The judge questioned the government's justification for the ban, citing national security concerns, and emphasized that the decision seemed more like a punishment for Anthropic.
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AI model evaluation platform Yupp.ai announces closure, after raising $33 million in seed funding led by a16z
Yupp.ai announces closure, and users can download chat data within 15 days. The platform launched in 2025, focusing on AI model evaluation, but due to significant improvements in AI capabilities and changing user demands, it has decided to shut down early. Remaining funds will be returned to investors.
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Live prediction market platform Pumpcade completes $1 million seed pre-Series A funding, led by Pump.fun
Live prediction market platform Pumpcade completes $1 million seed pre-Series A funding, led by Pump.fun. The funding will be used to expand the team and launch strategies. The platform allows users to quickly create multi-topic prediction markets during live streams and settle through official APIs to reduce risk.
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