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The Crypto News That Sent $600 Million in Shorts to Zero While Pepeto Filled and ETH and XRP Held

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Every cycle has a moment where the market punishes people who bet against it, and this week’s crypto news delivered exactly that. A US Iran ceasefire sent BTC past $72,700 and forced $600 million in shorts into forced selling, the largest squeeze in weeks, while the crowd that shorted the bottom missed the presale filling underneath.

Pepeto has raised past $8.8 Million during extreme fear, confirming wallets entering now include profiles that loaded early into every breakout this cycle. This crypto news covers the ceasefire move, where ETH and XRP sit after the bounce, and why the presale gap matters most.

Crypto News as the Ceasefire Squeeze Wipes $600 Million in Shorts

BTC jumped to $72,700 after the ceasefire announcement, triggering nearly $600 million in forced selling across crypto futures per CoinDesk on April 8. Over $400 million came from bearish bets alone, confirming traders who expected further decline paid the highest price. Oil dropped from $113 to below $95 on the same day, easing inflation pressure on risk assets per Yahoo Finance. The bounce flipped bearish structure in hours, and the crypto news cycle moved from fear to positioning.

Tokens Shaping the Recovery as Capital Rotates

Pepeto

The squeeze proved one thing the market keeps confirming: the market rewards the wallets that were already inside when the catalyst hits. Pepeto is a presale trading network that transforms token speculation into protected exchange access open to every wallet at the same entry. By offering zero cost execution and contract checks on every trade, the network becomes the tool that separates informed capital from blind entries in a market full of traps. A collection of exchange products, each already live and processing volume, handle distinct functions and run as one trading network.

When a holder swaps tokens, PepetoSwap clears the trade at zero cost, and the cross chain bridge moves positions between networks without charging a fee, so the full position arrives intact. Whoever locks in at presale pricing keeps an edge that the listing date removes forever, which is why capital has raised past $8.8 Million while the Fear and Greed Index read single digits.

The entry sits at $0.000000186, producing a gap between presale and listing that ETH at $2,210 and XRP at $1.34 simply cannot offer from their current charts. The 184% APY staking rate grows every position held before the confirmed listing, rewarding the wait with compounding yield.

A proven creator from the Pepe founding team, backed by a seasoned Binance professional, assembled this on 420 trillion tokens, the same count that powered Pepe to $11 billion with nothing built, and analysts see the gap from current entry to that valuation at over 150x for wallets that act before trading begins.

Ethereum (ETH)

ETH trades at $2,210 after jumping 6.3% on the ceasefire bounce, its strongest daily move in weeks per Yahoo Finance April 8 data. The $2,300 level remains resistance, and a close above it would confirm the trend shift. April targets sit near $2,450, giving holders a 10% ceiling that the crypto news cycle frames as recovery while presale wallets frame it as a fraction of one listing event.

XRP

XRP sits at $1.34 after the bounce, up from $1.28 lows earlier in the week per Changelly analysis. Six straight monthly declines weigh on confidence, and the CLARITY Act vote in late April could shift the structure. A close above $1.50 opens the path to $2, but even that target gives holders a 48% gain over months, a timeline the presale compresses into one confirmed listing.

Conclusion

The crypto news this week proved that the market pays the most to the wallets already positioned when the catalyst arrives, and $600 million in liquidated shorts is the receipt. BTC was cheap before the ceasefire hit, and people inside when nobody believed built real gains while the crowd waited. Millions flowing into the Pepeto presale during fear means those wallets expect the same outcome, and the Pepeto official website shows the pace increasing as the Binance listing approaches.

Entering now is the same move at the same moment those early believers made before every breakout this cycle, and letting the crypto news confirm what the capital already decided could be the hesitation that turns today’s entry price into the return someone else celebrates.

Click To Visit Pepeto Website To Enter The Presale

FAQs:

What does the latest crypto news mean for presale entries?

The $600 million short squeeze proved the market rewards positioned wallets, and Pepeto with past $8.8 Million raised before a Binance listing captures that same setup.

Will ETH and XRP keep rising after the ceasefire bounce?

ETH targets $2,450 and XRP needs $1.50 to confirm recovery, but both timelines stretch months while Pepeto’s listing gap changes in one event.

Is Pepeto the right crypto news entry during fear?

Analysts project 150x from presale to the original Pepe coin price on 420 trillion supply, and full details are live at the Pepeto official website







Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits

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The crypto industry’s chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about stablecoin yield that has little to do with the bill’s central aim to regulate U.S. crypto markets. It’s still a sticking point as bankers fired the latest volley to claim the industry’s reward programs are a danger to bank deposits.

In response to a recent White House economists report that the banks have little to fear from the rise of stablecoins, the American Bankers Association contends that the Council of Economic Advisers was analyzing the wrong scenario. Instead of looking at what would happen if Congress were to institute a ban on stablecoin yield now, it should have looked at what would happen if such returns from stablecoins were allowed.

“The CEA paper minimizes the core risk by starting from the wrong question,” according to ABA economists. “There is already ample evidence and analysis showing that a prohibition on yield for payment stablecoins is a prudent safeguard. Such a policy will allow stablecoins to mature as a payments innovation rather than as an economically risky substitute for insured bank deposits.”

This conflict over a topic already partially dealt with in last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act effectively derailed the Senate legislation for months. Though the Clarity Act’s lawmaker advocates have predicted it could get its necessary hearing in the Senate Banking Committee before the end of this month, that session hasn’t yet been scheduled.

Senators from both parties had been moved by the bankers’ arguments that their depositors (who fund their lending) would leave them in droves to chase stablecoin yield that outpaces what the banks offer in interest. So the lawmakers hashed out a compromise that would ban yield on stablecoin holdings that look like deposit accounts and only allow rewards programs for activity, akin to credit-card rewards. But the banks haven’t come out cheering it.

Senator Cynthia Lummis, the Wyoming Republican who chairs the Banking Committee’s digital assets subcommittee, posted Monday on social media site X, “America needs Clarity.” She’s kept a steady stream of posts going on the topic, saying over the weekend that it’s “now or never” for the bill.

The longer this debate stretches out, the more difficult it’ll be to get Clarity through the Senate process that can lead to a floor vote. While crypto insiders have been relatively vocal about the clash, bank representatives have been more reserved.

The bankers’ latest arguments suggest that the absence of intervention on stablecoin yield now would let stablecoin markets scale rapidly from $300 million to as much as $2 trillion.

“In a larger market, yield is not a minor product feature; it is the mechanism that would accelerate migration out of bank deposits,” they contend.

And though leading stablecoin issuers would deposit reserves in banks, they’re likely to go to larger institutions and not community banks, according to the ABA’s thinking.

Read More: Clarity Act returns to U.S. Senate, bank earnings: Crypto Week Ahead

XRP Is Cheaper Than SWIFT: Japanese Banks’ Data Show Shocking Truth

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The rivalry between XRP and SWIFT (Society for Worldwide Interbank Financial Telecommunication) is back in the spotlight following new findings from major Japanese banks. Recent data revealed that XRP is significantly cheaper and faster than SWIFT for cross-border payments. The report underscores the asset’s growing use in real-world transactions across Asian markets and highlights the speed at which the cryptocurrency’s adoption is increasing among financial institutions seeking more affordable and reliable payment solutions. 

XRP Payments Prove To Be 60% Cheaper Than SWIFT

Diana, an XRP advocate on X, made a striking revelation about the cryptocurrency on April 10. According to a crypto enthusiast, Japanese banks recently presented live data showing a staggering 60% cost savings when institutions use XRP compared to SWIFT for cross-border payments. 

At the 2026 XRP Tokyo conference in Japan, major banks in the country revealed live pilot results showing that the altcoin dramatically outperformed SWIFT across certain metrics. They had tested and directly compared XRP and SWIFT in real time, running transactions with the cryptocurrency through actual remittance corridors between Japan and Southeast Asia. The pilot test showed that not only was the cryptocurrency 60% cheaper than SWIFT, but that settlements could be completed in just under 4 seconds. 

This speed is a staggering gap compared to SWIFT, which typically takes 1-5 business days to complete a transaction. SWIFT works by routing payments through a chain of connected banks, where each institution must verify, process, and forward the transaction to the next before it reaches its final destination. Depending on the number of intermediaries involved, the process can take a long time to execute, making it inefficient, particularly for businesses and individuals who require fast, low-cost international transfers. 

How Ripple Keeps Transactions Extremely Low-Cost And Fast

In her post on X, Diana outlined three major reasons why XRP is more cost-effective than SWIFT. She noted that during cross-border transfers, it serves as a bridge asset to streamline and accelerate payments. How this works is that the XRP Ledger instantly converts a sender’s currency into XRP, transfers it across borders in seconds, and converts it into the recipient’s local currency upon arrival. This eliminates the need for multiple currency conversions via costly intermediaries. 

Diana further noted that funds move across the network in seconds because, unlike SWIFT, there are no intermediaries to slow down payments. She also pointed out that XRPL does not have pre-funded accounts like SWIFT, meaning banks are no longer required to lock up large sums of capital in overseas accounts to facilitate international transactions. According to her, this feature can unlock significant capital for financial institutions, freeing up billions of dollars that had been sitting idle and allowing banks to deploy that liquidity more productively across their operations. 

Notably, Diana revealed that during the XRP Tokyo conference, Ripple announced the expansion of its On-Demand Liquidity (ODL) platform to include 12 new currency pairs. This means that the crypto company can now facilitate instant, low-cost transactions across a significantly wider range of currencies, expanding the altcoin’s adoption into more corridors and increasing its daily demand with every transaction processed. 

XRP price chart from Tradingview.com
Price continues to trend low | Source: XRPUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

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ECB Sets Cautious Path for Tokenized Capital Markets in New Bulletin

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The European Central Bank (ECB) set out a cautious path toward tokenizing Europe’s capital markets, saying the technology can deliver efficiency gains only if it remains anchored to central bank money, infrastructures remain interoperable, and regulation is “robust and supportive.” 

In its latest Macroprudential Bulletin published on Monday, the ECB said distributed ledger technology (DLT) could help deepen the European Union’s savings and investments union, but warned that benefits will depend on interoperable infrastructure and policymakers keeping pace with new risks. 

The central bank’s stance highlights a push to modernize market plumbing in the bloc without loosening control over settlement or financial stability.

The ECB said that tokenization and DLT are “moving from concept to early-scale deployment,” but the benefits will “only be realised safely if European policy action keeps pace.”

ECB maps conditions for tokenized capital markets

One article in the Bulletin lays out how tokenized assets could rewire the issuance-to-settlement chain, cutting operational frictions and potentially improving secondary market liquidity. By moving securities and cash onto compatible ledgers and automating corporate actions, the authors argue, tokenization could streamline processes that today rely on multiple intermediaries and legacy systems. 

Digital assets landscape. Source: ECB

The analysis underlines, however, that efficiency gains hinge on avoiding a patchwork of incompatible platforms and ensuring that central bank money, not just commercial bank money or privately issued tokens, can be used for settlement in tokenized markets.

Related: EU central bank backs plan for crypto supervision under EU markets watchdog

A further piece drills into the nascent market for tokenized bonds, finding early evidence that they can already lower borrowing costs and tighten bid-ask spreads compared with traditional formats. 

The authors attribute this partly to operational efficiencies and partly to improved transparency and programmability around settlement and collateral management. Still, they frame these benefits as tentative and conditional, cautioning that technology, legal and liquidity risks remain and that policymakers will need to monitor whether advantages persist once tokenization scales beyond flagship deals and highly selected issuers.

Tokenized MMFs and euro stablecoins under the microscope

The Bulletin also takes a hard look at tokenized money market funds and euro-denominated stablecoins, treating them as parallel experiments in onchain cash-like instruments.

One article stresses that tokenized money market funds (MMFs) largely replicate familiar liquidity and run risks but layer on new operational vulnerabilities, raising questions about how they would behave under stress alongside stablecoins.

Legislation, ECB, European Union, Stablecoin, Tokenization, RWA Tokenization
Comparison between balance sheet and asset-backed model. Source: ECB

Another argues that Markets in Crypto-Assets Regulation (MiCA) compliant euro stablecoins could reshape demand for sovereign bonds and act either as a liquidity buffer in turbulent markets or a new channel of bank contagion, depending on how issuers meet deposit and reserve requirements. 

Across the five pieces in the Bulletin, the ECB’s stance is clear: Tokenization can support its vision of an integrated capital market, but only if policy, prudential rules and central bank infrastructure evolve in lockstep.

Cointelegraph reached out to the ECB for comment, but had not received a response by publication.

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