Category: crypto

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.

Travelex Bank is expanding its use of Ripple Payments for instant cross-border settlement, aiming to reduce transaction costs and enable near-instant transfers. The US Faster Payments Council recognizes Ripple as a key innovator driving G20 domestic payments modernization. Ripple’s infrastructure is designed to meet G20 targets for faster and cheaper global payments by 2030.

On April 28, Ethereum opened at $2,303.33, its lowest level in over a week, due to stalled Iran ceasefire talks and rising oil prices. This caused a drop in Bitcoin as well. Investors are monitoring the Federal Reserve rate decision for further market impact. Ethereum’s technical position is testing key support levels.

A Matrixport-linked whale made a large 30,000 ETH long position at 15x leverage, increasing total exposure to 58,000 ETH (~$132M) after profiting over $59M on previous long trades. This aggressive move indicates bullish sentiment despite Ethereum’s price near $2,287, with high leverage posing significant liquidation risk.

BNB price remained above $625 on April 28 while the broader crypto market saw a decline. Binance executed its 35th quarterly auto-burn, removing 2.14 million BNB from circulation. The launch of the XBNB ETF added institutional access. BNB’s resilience is attributed to its demand drivers, such as Binance exchange revenue and deflationary supply dynamics.

Opening arguments for the Musk OpenAI civil trial began on April 28 in Oakland, with Musk’s attorney emphasizing his key role in funding the company. Musk is seeking $134 billion in wrongful gains, with the trial divided into liability and remedies phases. OpenAI’s defense argues that Musk’s lawsuit is commercially motivated.

President Trump addressed top $TRUMP memecoin holders at a private event at Mar-a-Lago, pledging to sign the CLARITY Act and warning banks not to block it. The event included prominent figures like Tether’s CEO and boxer Mike Tyson. Despite Trump’s support, the bill still faces obstacles in Congress before becoming law.

The Over Foundation has shut down all Over Protocol infrastructure, including OverWallet, nodes, and explorers due to financial constraints. Block production now relies on independent validators. The shutdown tests the decentralization claims of blockchain networks, highlighting the challenges faced by underfunded projects in the crypto market consolidation phase.

Stablecoin transfer volume decreased by 19.18% to $831 billion in the last 30 days, but market cap and holders increased. USDT, USDC, and DAI saw significant inflows, while Ethena’s USDe experienced outflows. This decline follows a period of high turnover, indicating a consolidation phase in the market amid Bitcoin and Ethereum trading below recent highs.

The Bitcoin 2026 Conference at The Venetian Resort in Las Vegas drew over 40,000 attendees but faced backlash for its institutional-heavy speaker lineup, including figures like SEC Chair Paul Atkins and BlackRock’s Robert Mitchnick. Early adopters criticized the shift away from Bitcoin’s decentralized roots towards corporate and regulatory influences.