Global crypto markets were marked by volatility and major developments this week, spanning economic warnings, political controversy, and technical disruptions. Robert Kiyosaki highlighted long-term structural shifts in the global economy, while Iran’s Telegram restrictions continue to drive VPN usage. Meanwhile, a Phantom wallet outage raised user concerns over platform stability, and renewed scrutiny around Argentina’s Javier Milei and the Libra token added to ongoing regulatory tensions in the crypto space.
Top gainers and losers
- Siren (SIREN) - saw an astounding increase of 298.87% to $0.6873 this week;
- Zcash (ZEC) - increased by 58.41% during that time to reach a price of $377.45;
- Dash (DASH) - The price went up 35.53% to $41.24.
- World Liberty (WLFI) - End week price of $0.0827, falling this week for 16.16%;
- Bitterson (TAO) - lost 13.10% to end the week at a price of $267.33
- Polygon (MATIC) - finished the week down 9.02%, at $0.08459;
Kiyosaki warns long-term economic shift has arrived
Robert Kiyosaki said structural changes that began in the 1970s now shape today’s financial risks, as he urged investors to consider alternative assets such as Bitcoin and gold.
In a post on X, Kiyosaki pointed to 1974 as a defining moment for the global financial system. He linked the rise of the petrodollar and policy changes around retirement planning to current pressures tied to inflation, debt and energy markets.
“The future created in 1974 has arrived,” Kiyosaki wrote.
He also referenced the Employee Retirement Income Security Act, which reshaped pension systems. According to Kiyosaki, the shift moved many workers away from guaranteed lifetime income toward market-based retirement accounts such as 401(k)s, increasing individual financial risk.
“Millions of baby-boomers will soon find out they have no income once they stop working,” he said.
Kiyosaki reiterated his support for Bitcoin, gold and silver as “real money,” maintaining that scarce assets offer protection during periods of monetary expansion. He previously warned that a major financial downturn could trigger strong gains in these assets, even suggesting Bitcoin could reach $750,000 following a crash.
BAD NEWS: History has ARRIVED.
— Robert Kiyosaki (@theRealKiyosaki) April 4, 2026
1974 was a future changing year.
1974 marked two massive changes in our world’s future.
Our problem is….in 2026, our future is here.
The two 1974 future changing events were:
1974 the US dollar became the Petro dollar. Rather than backed by…
Iran’s Telegram ban fuels VPN surge and “digital resistance”
Pavel Durov said Iran’s long-running attempt to block Telegram has not reduced access, but instead pushed users toward circumvention tools such as virtual private networks.
In comments on Friday, Durov said Iranian authorities banned Telegram years ago with the aim of steering users toward state-backed messaging platforms. He stated that outcome has not materialized.
“Iran banned Telegram years ago,” Durov said; however, tens of millions of users in the country have managed to access the application via virtual private networks (VPNs) and other similar tools, he added.
Iran banned Telegram years ago, with a result similar to Russia. The government hoped for mass adoption of its surveillance messaging apps, but got mass adoption of VPNs instead. Now 50M members of the Digital Resistance in Iran are joined by 50M+ more in Russia.
— Pavel Durov (@durov) April 4, 2026
VPNs redirect internet traffic through external servers, masking IP addresses and allowing users to bypass national restrictions. Durov described the result as a shift in user behavior rather than compliance with restrictions.
The comments come amid continued reliance on alternative communication channels during internet restrictions in parts of Iran. Users have also turned to tools such as satellite internet services and mesh-based messaging systems when access tightens during periods of unrest.
Durov’s remarks highlight a broader pattern where centralized restrictions face resistance from decentralized communication technologies.
Milei faces scrutiny as leaked call logs deepen Libra probe
Newly obtained call logs have raised fresh questions about Javier Milei and his ties to the Libra token promotion, as prosecutors examine whether his public statements align with private communications linked to the project.
According to records obtained by Argentine prosecutors and reviewed by The New York Times, Milei allegedly spoke multiple times with an entrepreneur involved in the Libra token on the night he promoted it on X. The logs reportedly show seven phone calls placed before and after the promotional post.
The contents of those conversations have not been disclosed, and investigators have not publicly confirmed the identity of the entrepreneur. The timing of the calls has drawn renewed attention to Milei’s earlier denial of any connection to the token project.
Milei posted about Libra in February 2025, describing it as a private initiative aimed at supporting small businesses and startups in Argentina’s economy. The token’s value rose sharply after the post before collapsing by more than 96%, wiping out an estimated $251 million in investor value.
Following the crash, Milei deleted the post and said he had no involvement in the project.
“A few hours ago, I posted a tweet, like so many infinite other times, supporting an alleged private venture with which I obviously have no connection whatsoever,” he said. “I wasn't aware of the details of the project, and after becoming aware of them, I decided not to keep promoting it, that's why I deleted the tweet.”
The controversy has triggered legal pressure, including fraud allegations and calls for impeachment. Argentine law allows fraud convictions to carry sentences of up to six years.
Federal prosecutors continue to investigate the case, which has already placed Milei under formal scrutiny as a person of interest.
Phantom outage triggers panic as token prices and balances glitch
Phantom experienced a temporary service outage late Monday night that disrupted token price displays and user balance updates, prompting confusion and concern across the platform’s user base.
We are experiencing a temporary service outage affecting token prices and balances.
— Phantom (@phantom) April 7, 2026
Our team is actively working to resolve this as quickly as possible.
We appreciate your patience during this time 🙏
The wallet provider confirmed the disruption on social media, stating that it was working to restore normal functionality. At 9:57 p.m., Phantom acknowledged the issue, and by 10:55 p.m., the company said the outage had been resolved.
During the incident, users reported inconsistencies in displayed balances and token valuations. Some claimed they were unable to execute trades while prices appeared to drop sharply within the app interface.
One user on X, identified as LetitBurn79, described the situation as financially damaging.
"It has been down for over an hour and a half and it cost me $450 and I'm seriously freaking out," the user wrote.
The post added that trading restrictions allegedly prevented selling activity while tokens showed sudden price movements. "What is the remedy here? These are people's lives."
Other users echoed similar concerns and called for compensation, arguing that temporary service disruptions created financial losses during volatile market conditions.
Phantom stated that user funds were not affected and emphasized that the issue was limited to price display updates.
"We are having trouble updating your token prices. Your funds are safe," the app said.
Despite the clarification, uncertainty spread across social channels as users awaited further explanation of the technical cause behind the outage and whether any data inconsistencies affected trading activity during the disruption.
Gunel Ismayilova
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