Category: crypto

Jerome Powell announced at his final FOMC press conference that he will remain on the Federal Reserve Board of Governors past May 15 due to legal attacks on the institution. The decision led to a drop in Bitcoin prices and a collapse in rate cut odds for 2026. Powell cited the DOJ investigation into the…

Meta has started paying select creators in USDC stablecoin on Solana and Polygon through Stripe, marking Facebook’s first crypto payout program after the shutdown of its Libra project in 2022. The move allows eligible users in Colombia and the Philippines to link wallets and receive earnings in USDC, with Stripe handling backend operations.

Hong Kong regulators warn investors about fake stablecoins circulating under the names of recently approved issuers HSBC and Anchorpoint Financial. The firms confirm no regulated stablecoins have been issued yet. The city’s new licensing regime imposes strict rules and enforcement powers to combat fraudulent activity in the market.

The Federal Reserve kept Fed rates unchanged at 3.50 to 3.75% on April 29, marking the third consecutive hold of 2026. Market attention was on Chair Jerome Powell’s press conference, his last FOMC appearance before his term ends. Powell’s language on inflation and the transition to incoming chair Kevin Warsh were key market factors.

Rogo, an AI finance platform, raised 160 million USD in a Series D round led by Kleiner Perkins to expand its agentic workflow OS for banks and asset managers. The New York-based company plans to deepen its integration in large institutions and expand into Europe and Asia to meet increasing regulatory standards.

Vitalik Buterin is automatically selling low-value memecoins that are airdropped to him, converting them into ETH. This activity, detected by Arkham Intelligence, echoes his past actions of selling or donating unsolicited memecoins. Buterin’s actions create selling pressure on illiquid meme markets, reinforcing his view that unsolicited tokens are spam.

Nomura-backed RWA protocol KAIO is introducing its KAIO governance token and foundation to capitalize on the growing tokenization market. With $100 million in TVL across multiple chains and partnerships with major asset managers, KAIO aims to tap into the projected $30 trillion tokenization wave. The token distribution includes incentives for the community and liquidity, with…

Amazon, Alphabet, Microsoft, and Meta are set to report their Q1 2026 AI earnings on April 29 after collectively planning to spend over $600 billion on AI infrastructure. The market is watching to see if this expenditure translates into revenue growth. A disappointing earnings cycle could negatively impact crypto markets due to their correlation with…

Traders are reducing risk before the Federal Reserve’s April decision due to Middle East tensions, a blocked Strait of Hormuz, and fragile crypto sentiment. Markets are cautious, with derivatives data showing expectations of steady rates. The Fed is expected to hold rates steady, with little chance of easing priced in for the year.

NYSE Arca submitted a proposed amendment to Rule 8.201-E to the SEC on April 27, naming XRP as an eligible asset for commodity-based trust shares alongside Bitcoin, Ethereum, and Solana. The filing requires trusts to hold at least 85% of net asset value in qualifying digital assets, with the SEC opening the proposal for public…