Here is your crypto update of noteworthy events that took place on April 12, 2026. From unexpected appearances of prediction markets in the Google News feed to intense arguments between well-known people, it was yet another busy day in crypto.
Polymarket Appears in Google News for a While
One big interesting development concerns the well-known prediction market, Polymarket. According to some reports, betting markets offered by Polymarket were able to appear within the Google News results right next to other articles provided by reputable sources like Reuters and The Guardian.
The odds offered by this platform regarding some events could be found next to the news articles that discussed these events. People interested in predicting, say, changes in maritime traffic through the Strait of Hormuz would find the predictions provided by Polymarket directly below the news article in Google Search results. A Google spokesperson confirmed that the appearance was simply an error.
“This site briefly appeared in Google News in error, and it is no longer surfacing in News,” the representative explained.
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But by the time reporters wanted to run their own test search on Sunday, the Polymarket links had already disappeared from the results.
This episode comes after Google partnered with Polymarket and its rival Kalshi last year to incorporate their data into Google Finance. It also follows broader integrations: Elon Musk’s X platform named Polymarket as its official prediction market partner back in June, aiming to bring real-time forecasting directly into the social experience.
Around the same time in October, MetaMask announced plans to weave Polymarket into its evolving ecosystem as it grows beyond a simple wallet into a gateway for democratized finance. Sam Altman’s World App followed suit by adding the Polymarket experience to its wallet and identity platform.
Incidents like this bring into sharp focus the fact that prediction markets are on the rise, despite potential teething problems. It demonstrates how increasingly often we see convergence between established tech corporations and decentralized tools that allow ordinary users to speculate on real-life events in a transparent and timely manner.
Justin Sun Causes Stir in Dispute With WLFI
Moving to another major news event reported by the crypto update in question, attention must be drawn to the conflict of interest that has been initiated by the famous Tron blockchain founder, Justin Sun. As an early investor contributing substantial funds, he criticized WLFI’s approach to governance issues, including lengthy token lock-up periods and a recent proposal where more than 76% of votes have come from only ten wallets.
In a lengthy post on his X profile, Sun pointed out multiple issues associated with such governance votes, which included absence of crucial information, lack of feedback from participants, and a clear bias favoring some preselected decisions. Moreover, Sun accused the team of using the crypto community as a “personal ATM” without any proper authorizations obtained in a transparent way.
World Liberty Financial pushed back sharply, suggesting Sun’s comments followed a familiar pattern of playing the victim while deflecting from his own issues. The platform threatened legal action, stating they had contracts and evidence ready.
“Justin’s favorite move is playing the victim while making baseless allegations to cover up his own misconduct,” their response read.
These events took place against the backdrop of growing discontent within the community towards WLFI. It became known that the platform used its governance tokens as collateral for taking loans from the DeFi platform Dolomite, which was co-founded by the chief technology officer of WLFI. In their defense, the company claimed that it is an anchor borrower that earns for the network and, finally, for token holders. It said that it is one of the biggest players on both the lending and borrowing sides.
Nevertheless, despite all the explanations, these events have added a lot to the criticism of the project, which is co-created by the sons of President Donald Trump. Sun’s statements once again brought discussions about decentralization and transparency to the foreground.
WLFI Token Falls to Its Lowest Level in History Due to Backlash
As follows from the discussed scandal, the token of WLFI was affected, and that event becomes the second important piece of news concerning the cryptocurrency market.
On Saturday, the price of the governance token reached its lowest level since it came into existence about $0.07. This fall occurred after news appeared about the platform using WLFI tokens for borrowing stable coins. The resistance to these practices has only grown, as many have questioned whether they received approval through a proper process.
As Sun suggested, there have been attempts at bypassing rules and acting in a manner unbecoming of those handling investors’ money. Even so, WLFI contends that the approach provides benefit for the ecosystem as a whole, as evidenced by the current downward trend in prices.
To put this into perspective, the token currently trades at around 75% below its record highs of nearly $0.31 in September 2025. It adds to the challenging environment for Trump-linked crypto projects and keeps the spotlight on how political connections intersect with market realities in decentralized finance.
Michael Saylor Has More Crypto Updates
On a more constructive note in this crypto update, Michael Saylor, the co-founder of the Bitcoin-heavy treasury company Strategy, signaled that fresh purchases of BTC could be on the horizon. Even as Bitcoin’s price pulled back from recent local highs above $73,000, Saylor shared the company’s familiar accumulation chart on Sunday alongside the simple yet powerful message: “Think bigger.”
Strategy’s latest confirmed buy came on April 6, when it acquired 4,871 BTC for over $329.8 million. That brought its total holdings to approximately 766,970 BTC at the time, valued around $54.5 billion depending on prevailing market prices. The Virginia-based firm has stayed committed to its Bitcoin strategy through volatile periods, including stretches where the broader market dipped to multi-year lows and left Strategy’s treasury showing significant unrealized losses.
According to SEC filings, the company reported nearly $14.5 billion in unrealized losses on its Bitcoin holdings for the first quarter of 2026. Its average acquisition cost sits near $75,644 per BTC, still a premium to recent trading levels in some contexts. Yet Strategy continues buying at a pace that outstrips new supply from miners. In March alone, while miners produced roughly 16,200 BTC, Strategy accumulated about 46,233 BTC, nearly three times the fresh issuance.
Analysts watching this pattern often point to the potential for a supply squeeze if corporate accumulation keeps accelerating. Saylor’s consistent approach has made Strategy one of the most visible corporate Bitcoin advocates, and his latest signal keeps that narrative alive in the crypto update.
Trump-Linked Tokens Face Renewed Scrutiny and Price Pressure
The most politically sensitive part of the crypto update in terms of news can probably be connected with the negative feedback surrounding Trump-related initiatives in the world of cryptocurrencies.
Thus, both the official Trump memecoin (TRUMP) and WLFI have dropped significantly. The latter is worth mentioning here because, despite its initial popularity, it now sells for just about $0.07, down from the highs when it was first announced as a project that will change the crypto world forever.
On the other hand, TRUMP has dropped about 90 percent since the time of its maximum value to around $73 from the current level of $2.86. Professor Tonya Evans, a board member at Grayscale’s parent company DCG, captured some of the sentiment.
“We thought Sam Bankman-Fried or Gary Gensler were the worst things to happen to the crypto industry, and they were horrible. But turns out, it was the guy who surrounds himself with sycophants, siphons every bit of value he can for himself, and then expeditiously bankrupts companies and casinos without consequence.”
As part of the discussion, Trump announced his intention to hold another party that will favor token owners, with the party set for April 25. Critics of this move include some Democrats who perceive the event as a form of influence peddling, whereby token owners get preferential treatment in return for possessing specific tokens.
Lawmakers Probe Trump Memecoin Gala Organizer
In a related development that rounds out this crypto update, Senators Elizabeth Warren, Richard Blumenthal, and Adam Schiff sent a letter to Bill Zanker, the figure behind the launch of the TRUMP memecoin. They’re seeking details on the upcoming Mar-a-Lago event, questioning the purpose of “
And that’s a wrap from this crypto crypto update.
