Bitcoin holds a tight range as altcoins rally on low liquidity, but derivatives data and options skew suggest traders are bracing for downside. Good Friday shuts CME futures and ETF activity, removing a key source of demand as large holders continue distributing and spot demand weakens. Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG U.S.
North Korean hackers likely behind $286 million Drift Protocol exploit according to Elliptic. The blockchain analytics firm pointed to cross-chain laundering patterns and Solana-specific tracing challenges that mirror prior North Korean state-linked operations. Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC. Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
Crypto for Advisors: Beyond simple storage, the next era of institutional crypto will be defined by the real-time connectivity and mobility of digital assets across a fragmented market. Schwab plans spot bitcoin, ether trading launch in first half of 2026. The financial services giant with almost $12 trillion in client assets is moving closer to direct crypto trading, offering subscription for early access to the Schwab Crypto account.
