Cryptoast

🔴 Here are the countries with the highest Bitcoin hashrate according to Hashrate Index:
1) United States — 37.4% (~375 EH/s)
2) Russia — 16.9% (~170 EH/s)
3) China — 12.0% (~120 EH/s)
4) Paraguay — 4.3% (~43 EH/s)
5) United Arab Emirates — 3.0% (~30 EH/s)
6) Oman — 3.0% (~30 EH/s)
7) Canada — 2.6% (~26 EH/s)
8) Ethiopia — 2.5% (~25 EH/s)
9) Kazakhstan — 1.8% (~18 EH/s)
10) Indonesia — 1.8% (~18 EH/s)

🔴 Justin Bieber bought this Bored Ape NFT for 1.3 million dollars in 2022. It is now only worth 12,000 dollars.

🔴 Russia has introduced a bill requiring residents to report all their foreign crypto wallets to tax authorities starting July 1, 2026.

🔴 Peter Schiff calls Bitcoin a "shitcoin" and challenges Michael Saylor to a debate.

🔴 Bitcoin surpasses $70,000 and €60,000.

What happened this weekend in the crypto market?
• Bitcoin crossed above $68,000 then reached $69,000, triggering $100 million in short liquidations
• Ethereum hit $2,100
• Bitcoin whales lost approximately $30.9 billion in Q1
• Spot volume on CEXs dropped to $986 billion in March, its lowest level in two years
• 2.89 million ETH have been waiting 50 days to be staked, with no withdrawal requests
• The UK government’s Bitcoin wallet shows a loss of about $3.5 billion since October 6, 2025
• The yield on 10-year Japanese government bonds hit its highest level of the century
• Oil prices

What happened this weekend in the crypto market?
• Bitcoin crossed above $68,000 and then reached $69,000, triggering $100 million in short liquidations
• Ethereum hit $2,100
• Bitcoin whales lost approximately $30.9 billion in Q1, or $337 million in daily losses
• Bitcoin ETFs recorded a net inflow of $9 million on April 2, with a 7-day average decrease of $52.4 million
• Spot volume on CEXs dropped to $986 billion in March, the lowest in two years
• 2.89 million ETH have been waiting 50 days to be staked, with no withdrawal requests
• The UK government’s Bitcoin wallet shows a loss of

🔴 The Bitcoin price has never finished two consecutive years in the red.
Will 2026 be the exception?

🔴Turkey liquidated 120 tons of gold, worth nearly $20 billion, in just three weeks to defend its currency (the Turkish lira).
Erdogan sold 70 tons last week, burning through 6 years of accumulated gold reserves.
In 5 years, the Turkish currency has lost more than 80% against the euro.

🔴 No one wants to buy memecoins anymore, and the trenches are empty, as evidenced by the volumes on DEXes on Solana.
Meanwhile, shovel sellers (the creators of memecoins) continue to create many new tokens.