Rwanda's central bank warned on Sunday that crypto payments and FRW conversions are not permitted under the current framework, after Bybit added the Rwandan franc to its P2P trading options on Friday. The bank said FRW is the country's only legal tender and told the public to avoid crypto due to financial risks and limited recourse for losses.

Drift Protocol suffered an exploit in which an attacker drained about $285 million by leveraging pre-signed transactions and manipulating a multi-signature setup to obtain admin access. The incident is being cited as a sign that DeFi threats are increasingly targeting governance and operational control layers rather than only smart-contract bugs. Drift's rapid steps to confirm the attack and pause deposits and withdrawals also underscored how response speed can shape user trust.

Bitcoin moved higher above $68,000 and is trading above $68,500 alongside the 100-hour simple moving average. The rally pushed to $69,256 before consolidating, with resistance focused on $69,250 and $69,500 and upside targets including $70,000 and $71,500 if those levels break. If BTC fails to reclaim $69,250, supports sit at $68,800, $68,500, $67,500 and $66,500.

An Apr. 5 edition of The Block's "The Funding" newsletter says discounts in crypto token secondary markets have generally increased in recent years, based on OFFX data. Average discounts shifted from about 38% in late 2023 to roughly 45–50% in 2024–2025, while the deal range widened and 90%+ discounts appeared for the first time in late 2025.

Japan’s Financial Services Agency (FSA) data shows that, as of April 5, 28 domestic crypto exchange service providers are registered and more than 100 unique tokens are listed across those platforms. The registry was last updated on Feb. 28 and records about 520 total token listings when duplicates across exchanges are counted.

Michael Saylor and economist Peter Schiff argued on X on April 5 over how to judge bitcoin’s performance and whether Strategy’s stock (MSTR) is justified. Schiff pointed to BTC’s 12% five-year gain versus MSTR’s 68.5% rise and urged investors to sell before a sharp drop. Saylor countered that longer horizons show stronger results, citing a chart showing bitcoin at a 36% annualized return since August 2020.

DeFi value capture is increasingly tied to active trading, as 24-hour perpetual volume sat near $8.4 billion versus about $3.7 billion in Spot DEX volume. Hyperliquid accounted for roughly $618,377 of $41.45million in total DeFi fees, while its share reached about 36.4% by March 2026. HIP-3 metrics show about $154.95 billion in total volume and $12.43 million in fees, with the last 24 hours sending about $403,475 into buybacks that removed around 10,794 HYPE from circulation.

On April 5, Donald Trump posted on Truth Social warning Iran to keep the Strait of Hormuz open and said military strikes could follow by Tuesday, pressuring equity futures while lifting oil. May 2026 WTI futures traded around $114.42–$114.59 (about +2.6% to +2.7%) as E-mini Nasdaq-100 futures slipped 0.65% to 24,061.75. Bitcoin later traded at $69,009 (+2.11%), while Hyperliquid’s XYZ:CL oil perpetual saw open interest reach $575M–$593M.