Category: crypto

Bitcoin is currently trading at $75,834, down 0.67% on April 29, with a daily MACD bearish crossover indicating a shift in momentum. Price has retreated from an ascending channel and is now testing SMA support. Jerome Powell’s final FOMC day adds uncertainty, with incoming Chair Kevin Warsh potentially impacting Bitcoin’s direction.

Galaxy Digital reported a Q1 2026 net loss of $216 million due to a decline in digital asset prices. The company highlighted revenue from its Data Centers division for the first time, emphasizing a shift towards AI-driven infrastructure. Despite losses, management sees long-term revenue potential in the sector.

Tether released the open-source Mining Development Kit (MDK) to unify Bitcoin mining control using JS and React. It aims for AI-ready automation from home miners to large farms. MDK replaces vendor-locked tools with a scalable, modular architecture for autonomous mining. Tether expands beyond stablecoins with this strategic move.

Polymarket’s CLOB v2 upgrade introduces new exchange contracts, pUSD collateral, and a $1 million liquidity rewards program to attract professional market makers and deepen order books. The upgrade aims to enhance performance and scale liquidity across various event markets, with recent fee changes already driving significant daily revenue.

Startale Group has chosen Privacy Boost by Sunnyside Labs as the official privacy partner for the Startale App, allowing users to have self-custodial onchain privacy on the Soneium super app. This integration enables fast private payments without compromising auditability or user experience, marking a significant milestone for both companies.

Visa has partnered with WeFi to allow users to spend stablecoins directly from self-custody wallets on Visa’s network, bypassing exchanges and pressuring banks’ FX roles. This partnership starts in Europe, Asia, and Latin America, focusing on regulated stablecoins. This move aims to merge on-chain banking with Visa’s global network and streamline payment experiences.

CertiK’s 2026 report emphasizes that the main regulatory concern in the cryptocurrency industry is now anti-money laundering (AML) rather than securities classification. AML enforcement can lead to fines exceeding $900 million, making it a key risk factor for projects. Smart contract audits and stablecoin regulations are becoming essential for compliance and access to institutional capital.

Iran is expected to submit a revised peace proposal soon, potentially reducing the war premium in oil markets and boosting Bitcoin and Ethereum prices. However, the crypto market remains volatile and sensitive to headlines until a concrete deal is reached. Traders should be cautious and monitor developments closely.

Sharplink has staked nearly 900,000 ETH as institutional validators, ETFs, and JPMorgan’s tokenized funds turn Ethereum into a yield-bearing settlement layer. They received 459 ETH in rewards this week, earning a total of 18,309 ETH. Ethereum’s staking rate has crossed 30% of supply, with 36 million ETH securing around $120 billion.

US-listed XRP ETF products saw a record $81.63 million inflow in April 2026, the strongest of the year. This reversed March’s $31.16 million loss, bringing total net inflows to $1.29 billion. Despite the inflows, XRP’s price remained steady around $1.43, with analysts expecting reduced selling pressure.