Market Updates: Bitcoin Depot Loses $3.7M in BTC Hack, ETH Slides after Foundation Sales, Canary Capital Files PEPE spot ETF
Apr 9, 2026
< 1 min read
by Zabi
for The Crypto Basic

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AI Overview
Apr 9, 2026: Bitcoin Depot reports a $3.7M BTC theft, underscoring custodial security risk and potential short-term selling pressure on Bitcoin and crypto platforms. - Ethereum slid after Foundation token sales, indicating supply-side pressure and negative near-term price impact for ETH and DeFi sentiment. - Canary Capital filed a PEPE spot ETF, a potential adoption and fundraising catalyst for memecoin markets and ETF-driven flows, though regulatory approval remains a hurdle.
Bearish
Latest Market Updates: As of 9th April 2026. Bitcoin Depot Reports $3.7M Bitcoin Theft Security concerns took center stage in the crypto world after Bitcoin Depot revealed a major cyberattack.
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