Blockchain.com brings perpetual futures to self-custody wallet users
This new feature allows users to maintain full control of their private keys, all while easily opening and managing their investments directly within the wallet.
This new feature allows users to maintain full control of their private keys, all while easily opening and managing their investments directly within the wallet.

Throughout the merry month of April, our protagonist has been diligently crafting a narrative of bullish resurgence. While the plot remains unresolved, the evidence-scattered across multiple timeframes like crumbs at a society picnic-seems to favor the buyers. How quaintly predictable.

The charts, those cold, unfeeling arbiters of fate, speak in unison: silver is but a guest at this ball, attempting to find its footing after a graceless stumble. Yet, it has not proven itself worthy of ascending the grand staircase of value. How tragic, how utterly human-or should I say, metallic.

Our dear Ethereum, much like a stubborn mule, refused to budge below the $2,250 support zone. It then decided to put on a show, forming a base and sashaying above the $2,300 resistance. Bravo! The price even sashayed past the 23.6% Fib retracement level, as if it were dodging raindrops at a picnic.

For the second time since the March lows, Ethereum’s derivatives traders find themselves in the throes of a short-term capitulation, a spectacle as predictable as a Chekhovian character’s downfall. Open interest, that fickle measure of leverage, has plummeted by over $2 billion, a sum that, in any other context, would be the stuff of tragedy. Yet here, it is but another act in the ongoing farce, mirroring the deleveraging episode that preceded the end-of-March bottom. One might almost laugh, were it not for the stakes.

Our hero, Ethereum, finds itself cruising in a tidy higher‑time‑frame (HTF) range, much like a kid stuck in a kiddie pool in the middle of a summer heatwave. The so‑called “TCT distribution model” dictates the side‑ways drift, telling us a bearish rotation is probably on the horizon, but the financial gods keep holding up a cartoonish umbrella over the whole thing.
Naturally, the market reacted with all the grace of a Bridget Jones diary entry. Over 48 hours, Aave lost $8.45 billion in deposits faster than I lose my dignity after two glasses of Chardonnay. The AAVE token? Down 14% to 18%, currently lounging around $96 like it’s 2022 all over again. It’s a DeFi disaster layered with a confidence crisis and a side of liquidity drama. Pass the popcorn.
So, crypto’s security tab has hit $17 billion over the past decade, according to DefiLlama (via Cointelegraph). That’s 518 hacks, exploits, and “oopsie-daisies” since 2014, spanning everything from early exchange explosions to today’s fancy cross-chain shenanigans. And while the pace of these exploits has slowed since the wild days of 2021-2022, the damage is still piling up like dirty laundry after a bachelor party.
XRP Ledger (XRPL) now has a clear, public plan to prepare for the potential threat of quantum computing. Ripple announced the four-step plan on April 20th, making XRPL one of the first major blockchain networks to commit to a formal schedule for upgrading to quantum-resistant security. This move comes after research from Google Quantum AI indicated that future quantum computers—potentially around 500,000 qubits—could break the current encryption that protects most blockchains, with some experts predicting this could happen as early as 2029.
Ah, the wails of the crypto faithful grow louder, and who better to conduct this chorus of despair than John Bollinger, the maestro of Bollinger Bands? In a post that dripped with more sarcasm than a Dickensian villain, Bollinger pondered aloud whether the current administration had satiated its thirst for crypto capital. “Can’t help but wonder if the current administration is done sucking capital out of the crypto space,” he quipped, leaving the market to scramble like ants at a picnic, searching for crumbs of clarity.