Bitcoin officially breached the $70,000 level after a long period of consolidation below it, with the general market mood turning more positive amid recent progress in the Middle East. Cryptocurrencies remain sensitive risk assets and require a stable environment to flourish, but monthly developments are supportive for the asset class.
What are the top 5 updates in crypto since the start of April 2026?
SEC & CFTC formalize legal token taxonomy
The joint ruling by the SEC and CFTC on March 17 represents a landmark shift in the American digital asset landscape. By officially categorizing major cryptocurrencies like Bitcoin and Ethereum as "Digital Commodities," the regulators have effectively ended years of "regulation by enforcement" that had previously stifled institutional innovation.1
This formal taxonomy provides the legal certainty required to attract more capital inflows, as it clearly delineates jurisdictional boundaries between agencies. With this green light, many large-scale financial institutions that previously held back due to regulatory ambiguity can move toward production-scale integration of digital assets.2
Clarity Act heads to Senate: The "Final Boss" of US crypto law
April 2026 has already brought a surge of positive momentum and regulatory clarity to the digital asset landscape.
After being officially introduced in a bipartisan framework in June 2025 and passing the House in late July, the bill is finally moving to the Senate, holding high-stakes hearings this week on the Clarity Act to establish a federal framework for stablecoins and DeFi.3
The Act also works with the GENIUS Act to establish federal rules for stablecoins, requiring 1:1 backing by US Treasuries, but this remains an area of contention for now.
Coinbase secures National Bank Trust Charter
In a major institutional win, the OCC (Office of the Comptroller of the Currency – a government agency that protects fair and safe processes in the financial system) granted Coinbase a national bank trust charter in early April.4 This allows the exchange to act as a fiduciary for trillions in pension and insurance fund capital directly.
This marks a first revolution for major cryptocurrency brokers and the industry, integrating them more closely into the financial system and enabling more widespread investment.
Another major Ethereum update: The "Glamsterdam" Devnet goes live
Ethereum continues to demonstrate its aggressive pursuit of scaling and institutional readiness in 2026. Following the successful implementation of the "BPO" hard fork in January, which finalized the Fusaka upgrade series for network optimization5, the network saw daily active addresses approach 2 million in February, surpassing 2021 bull market peaks, a sign of relative resilience.6
Now, developers have launched the first generalized devnet for the Glamsterdam7 upgrade on April 10, focusing on "enlightened scaling" – introducing parallelization and better Layer-2 integration to keep fees low as usage spikes.
This confluence of fundamental and technical momentum has led to a rally in the token, which is attempting to break March 2026 highs ($2,390).
Post-SEC decision: Crypto ETF applications are now exploding
March 27 saw a massive clearing of the deck in crypto financial applications as the SEC ruled on 91 pending ETF filings. Following the new taxonomy ruling, as explained in the first news of this update, products for SOL, XRP, LTC, and many others are now moving into the final stages of approval.8
By providing the formal taxonomy, regulators have created the legal certainty necessary for the pursuit of financial innovation for cryptocurrency markets. These developments indicate that the digital asset landscape is shifting toward a more legitimate, institutionally integrated financial sector.
Technical levels for Ethereum, Bitcoin, and Solana
Ethereum daily chart and technical levels
Support levels:
- $2,100 to $2,300 June 2025 momentum pivot
- Mini-support $2,000
- $1,650 to $1,750 pre-bounce 2025 key support
- 2025 bottom support $1,380 to $1,500
- 2025 lows $1,384
Resistance levels:
- March 17 highs $2,387 (breaking)
- $2,500 to $2,700 June 2025 key support now minor resistance
- $3,000 to $3,200 December resistance
- $3,500 (+/- $50) key resistance
- $4,950 new all-time highs
Bitcoin daily chart and technical levels
Support levels:
- $69,000 - $70,000 short-term momentum pivot
- $60,000 to $63,000 main 2024 support
- $52,000 to $58,000 next support and 200-Week MA
- $2023 breakout base $25,000 to $34,000
Resistance levels:
- $75,000 - $76,000 key long-term pivot (testing)
- $80,000 to $83,000 mini-resistance
- $90,000 to $95,000 pivotal resistance
- Current all-time highs $126,250
Solana daily chart and technical levels
Support levels:
- 50-Day moving average $85.60
- $76 to $82 major 2022 pivot
- $69 February lows
- $50 psychological level
Resistance levels:
- $91.30 minor March resistance and channel break
- Major momentum pivot $115 to $120
- $125 to $130 2026 base resistance
- $140 to $150 major resistance
- $253 cycle highs
This article and its contents are intended for educational purposes only and should not be considered trading advice.
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