Crypto Industry News & Market Trends

Bithumb wins court stay, dodges six-month suspension blow

South Koreas Seoul Administrative Court has granted Bithumb a temporary reprieve from a six-month suspension, allowing the exchange to continue operating while the case proceeds.Seoul Administrative Court has paused Bithumbs six-month suspension, allowing operations to continue until a final ruling.Regulators imposed a 36.8 billion won fine after identifying about 6.65 million cases of failed user identity checks.Ongoing scrutiny has intensified after a payout error, and AML violations triggered multiple investigations into Bithumbs controls.　　According to Yonhap News Agency, the courts 2nd Administrative Division under Judge Gong Hyeon-jin approved the stay on Thursday, pausing enforcement of a sanction imposed by the Financial Intelligence Unit, an anti-money laundering body under the Financial Services Commission.　　Regulators had issued the suspension notice in March, stating that Bithumb failed to meet AML obligations that required proper identity verification of users. The penalty targeted new customers by restricting external crypto deposits and withdrawals, a move that would have limited onboarding activity if enforced.　　The Financial Intelligence Unit also imposed a fine of 36.8 billion won, about $25 million, after identifying roughly 6.65 million cases where user identities were not properly verified, according to The Korea Herald. Disciplinary measures were also directed at CEO Lee Jae-won as part of the

05-01Industry

WTI Price Forecast: Flattens above $102 but looks on track to revisit three-year high

WTI US Oil trades sideways at around $102.25 at the press time. The near-term bias of the oil price remains bullish as it stays well above the 20-day Exponential Moving Average (EMA) at $95.15.　　The Relative Strength Index (RSI) at 60.95 remains in positive territory but short of overbought conditions, suggesting ongoing buying pressure with room for further gains before sentiment becomes stretched.　　On the downside, initial support is located at the 20-day EMA near $95.15, where a pullback would be expected to attract dip-buying interest while the broader uptrend remains intact. A daily close back below this moving average would hint at a loss of immediate bullish momentum and expose deeper correction risks toward $90.00.

05-01Industry

Top Altcoins to Buy 2026: Based Eggman and Cardano Hold Strong as Institutions Pile Into BTC

Bitcoin　　Top Altcoins to Buy 2026: Based Eggman and Cardano Hold Strong as Institutions Pile Into BTC　　Institutional Bitcoin accumulation has been the dominant story heading into late April, and altcoins with structural fundamentals are riding the spillover. Cardano sits at 0.2447 approaching $0.258 resistance, while Based Eggman ($GGs) crossed $315K raised in Stage 3 of its presale.　　The best crypto presale picks holding ground through institutional BTC flows tend to be the ones positioned for the next leg, and thats where the top crypto presale conversation is concentrating.　　The Institutional Bitcoin Setup Unpacked: How High Can it Go？　　ETF inflows keep building, with BlackRock‘s IBIT leading the pace. Miners are outperforming BTC by 70% year-to-date through deals like Terawulf’s $12.8B contracts.　　The 2026 forecasts at $100K to $150K are increasingly tied to institutional accumulation rather than retail speculation.　　Capital flowing into Bitcoin lifts the entire market, but altcoins with conviction-led setups capture the cleanest secondary moves. Pure rotation plays bounce; structurally backed names compound.　　Cardanos Growth Phase Decoded　　ADA is trading at $0.2447-$0.25, down on the day but holding short-term gains and approaching $0.258 resistance. RLUSD stablecoin bridge integration and $71M in fresh funding are reshaping the projects growth trajectory.　　Binance forecasts put 2026 ADA in the $0.26-$0.30 range,

05-01Industry

Ethereum Price Prediction: ETH Faces Wave 3 Downside Risk

Ethereum　　Ethereum Price Prediction: ETH Faces Wave 3 Downside Risk　　Ethereum is under pressure after a fresh resistance rejection, while recent FOMC patterns show ETH has struggled after Fed meetings.　　Now, traders are watching whether ETH can hold key support or face another sharp post FOMC decline.　　Ethereum Price Faces Wave 3 Pressure After Resistance Rejection　　Ethereum remained under short term pressure after price failed to break resistance and turned lower on the 1 hour chart.　　The chart from More Crypto Online shows ETH trading near $2,241 after a rejection from the upper resistance area. The analyst said Ethereum is still working on wave 3 to the downside, which means sellers remain active in the current short term structure.　　ETH Short Term Wave Count. Source:　　The key resistance zone for wave 4 sits between $2,290 and $2,334. If ETH rebounds, this area may act as the next test for buyers. A move into that range would not confirm a bullish reversal by itself. Instead, it could mark a corrective bounce inside the wider downward move.　　Ethereum also trades near the 38.2% Fibonacci level around $2,240. This level now works as a short term reference point. If ETH fails to hold near this area, the chart points to lower Fibonacci

05-01Industry

Ukraine drone edge complicates ceasefire prospects by June 2026

Tech　　Ukraine drone edge complicates ceasefire prospects by June 2026　　Russia x Ukraine ceasefire by June 30, 2026？ Current pricing suggests 11.5% YES, up from 10% 24 hours ago and 8% a week ago. The market for a ceasefire by April 30 is effectively closed with 0% YES.　　## Key Takeaways　　– Ukraine‘s increased drone warfare capabilities appear to suggest a decreased likelihood of a ceasefire by June 30, 2026. – The shift in military dynamics with Ukraine’s drone advantage is consistent with ongoing conflict rather than resolution. – Market pricing indicates a small increase in the perceived probability of a ceasefire by the end of June, despite recent developments.　　## Article Body　　Ukrainian President Volodymyr Zelensky has directed a pointed message to Russian President Vladimir Putin, referencing Ukraine‘s advanced drone warfare capabilities. As of May 2026, Ukraine has successfully launched more long-range drones than Russia, marking a significant shift in the military landscape since the invasion began in 2022. Ukrainian production of drones now outpaces Russia, with projections of seven million units annually, including AI-enabled drones that enhance battlefield effectiveness. This technological edge has allowed Ukraine to conduct deep strikes into Russian territory, targeting critical infrastructure and degrading air defenses. While Russia aims to match

05-01Industry

Solana Price Prediction May 2026: Visa And Meta Choose SOL As Price Holds Fibonacci Support

Tech　　Solana Price Prediction May 2026: Visa And Meta Choose SOL As Price Holds Fibonacci SupportSOL trades at $84.13, up 0.31%, holding below the 0.382 Fib at $84.74 with a 4-hour MACD bullish cross and SAR at $84.35 overhead.Visas $7B annualized stablecoin settlement network expanded to Solana and Meta launched USDC creator payouts on Solana this week.Shorts absorbed $2.43M in 24h liquidations against $490.45K for longs, sellers taking five times more pain at current levels.　　Solana trades at $84.13 on May 1, entering the month with Visa and Meta both choosing its network for real-money payment infrastructure in the same week, as the 4-hour chart prints a MACD bullish cross near Fibonacci support and shorts absorb the majority of liquidation pain.　　Is SOL Ready To Reclaim $87 In May？ What The Fib Levels Show　　The 4-hour Fibonacci runs from the April low at $76.73 to the swing high at $97.69. SOL has pulled back through those levels since the April 17 peak and is currently sitting between the 0.382 at $84.74 and the 0.236 at $81.68. The SAR at $84.35 sits just above price and is the level that needs to flip on a 4-hour close to confirm the trend has turned.　　The MACD is

05-01Industry

Judge rejects new trial for FTX CEO Sam Bankman-Fried

Tech　　Judge rejects new trial for FTX CEO Sam Bankman-Fried　　A United States federal judge has denied a motion for a new trial filed by former CEO and co-founder of FTX, Sam Bankman-Fried, who is currently serving a 25-year prison sentence in connection with his role in the fraud that led to the collapse of the digital asset exchange FTX.　　Judge Lewis Kaplan of the U.S. District Court Southern District of New York, who oversaw Bankman-Fried‘s trial in 2023, wrote an order on Tuesday denying Bankman-Fried’s motion because the disgraced former FTX CEO failed to come up with “supposed evidence that he claims to have been newly discovered” in the time allotted.　　Meanwhile, Kaplan said the government filed “an extensive and detailed opposition” to Bankman-Fried‘s motion, which on its own “would suffice to express the agreement with the government’s entire response and simply deny the motion.”　　In the motion, filed by Bankman-Fried in February without consulting his lawyers, the beleaguered former golden boy of crypto requested a new trial, to be overseen by a different judge. However, after two extensions to give him time to produce his supposed new evidence and respond to the governments opposition filing, last Wednesday, Bankman-Fried wrote to Kaplan asking to

05-01Industry

EUR/GBP: Confusing picture on BoE communication – ING

Finance　　EUR/GBP: Confusing picture on BoE communication – ING　　ING‘s Chris Turner describes Sterling price action as confusing after the Bank of England’s latest communication. While he sees the BoE laying groundwork for a June hike, some investors interpreted the message as dovish, possibly due to oil-driven declines in GBP rates. He warns that key EUR/GBP support at 0.8600/0.8610 looks vulnerable in thin holiday trading.　　BoE signals clash with market reaction　　“Sterling presents a confusing picture at the moment. Some read yesterdays Bank of England communication as dovish, even though our take is that it is laying the groundwork for a hike in June.”　　“That dovish read by some may have been influenced by witnessing the decent fall in short-dated GBP swap rates – even though that move was probably driven by lower oil prices. And if oil prices were lower and GBP rates were falling faster than EUR rates, that should have been EUR/GBP bullish, based on the relationship between oil, rates and FX we have seen since the war broke out.”　　“But no, EUR/GBP fell on the day. That may have been a function of month-end flows, where equity portfolio managers were rebalancing into UK asset markets after their underperformance in April.”　　“Clearly, it is

05-01Industry

SHIB Price Prediction: Shiba Inu Breakout Signals – Bigger Move Ahead?

Tech　　SHIB Price Prediction: Shiba Inu Breakout Signals – Bigger Move Ahead？　　The post SHIB Price Prediction: Shiba Inu Breakout Signals – Bigger Move Ahead？ appeared first on Coinpedia Fintech News　　Shiba Inu is pushing higher while the rest of the market stalls, delivering steady gains over the past week and signaling early momentum. This shift is beginning to redefine the SHIB price prediction, especially as the move holds strong despite whale selling pressure. With buyers stepping in and structure improving, the setup is becoming harder to ignore. Is a bigger SHIB rally about to unfold？　　$660M Whale Exit Fails to Shake SHIB – Demand Absorbs Supply　　On-chain data confirms that a major early SHIB holder has resumed selling, offloading 800 billion tokens worth roughly $4.9 million, with cumulative realized profits now exceeding $660 million. The wallet continues to hold a substantial balance, indicating a gradual distribution strategy rather than a full exit.　　SHIB WHALE CASHES OUT AGAIN AS PROFITS CROSS $660M　　An OG whale who bought 103.33 trillion $SHIB for just $13,760 has sold another 800 billion SHIB worth $4.9M today, according to lookonchain.　　The wallet originally held 16.84% of SHIBs total supply.　　Over the last few years,… pic.twitter.com/ulAoZN7XHI　　— BSCN (@BSCNews) April 30, 2026　　Despite this selling pressure, SHIB

05-01Industry

China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why

With 5 billion kilometers in collected driving data, AI can extrapolate that into 50 billion km of experience in a world model — which is then sufficient to allow a heavy-duty truck to drive completely on its own, Ma said. He expects the trucks can then start operating without any humans inside in certain parts of the country.　　Achieving that goal in about two years is already quite fast, he said, noting that in order for driverless trucks to become a widespread reality, they will need partnerships with manufacturers and regulatory approval — in addition to the tech.　　Autonomous vehicles rely heavily on data about driving on roads. Just like robotaxi companies, self-driving truck operators run manned tests in order to gather training data safely.　　Inceptio has by far recorded the most commercial autonomous truck miles in the industry, exceeding U.S. rivals, according to ARK Invests Big Ideas 2026 report in January. At the time, the company had driven 250 million miles — exponentially more than fellow Chinese autonomous driving company , which held second place at 4.2 million miles.　　U.S.-based rivals Aurora, Kodiak and Gatik rounded out the top five, with a combined 8.9 million miles, according to the report.　　Inceptio‘s Ma said in

05-01Industry

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