Crypto Industry News & Market Trends

QNT Bearish Analysis May 1

Tech　　QNT Bearish Analysis May 1　　QNT is experiencing a consolidation stuck around 69 dollars, while bearish signals on the daily chart increase the risk of testing critical support levels; BTCs sideways movement creates a cautious environment for altcoins.　　Market Outlook and Current Situation　　Quant (QNT) is trading at the 69.00 dollar level as of May 1, 2026, showing a slight 0.58% decline over the last 24 hours. A clear downtrend dominance is observed on the daily timeframe; the price is stuck in a narrow band between 68.60-70.41 dollars. Volume is relatively low at 2.98 million dollars, indicating that buyers have not yet made a strong entry. Weakness in altcoins across the broader market is suppressing QNTs short-term momentum.　　When examined in a multi-timeframe (MTF) context, 3 strong support levels and 2 resistance levels stand out on the 1D chart, but there is no clear confluence on the 3D and 1W timeframes. This situation shows that QNT is in a local correction and has become dependent on broader market dynamics. Bitcoins 1.09% rise keeping it in a sideways trend limits volatility in utility tokens like QNT, but sales pressure may continue in an environment of low overall risk appetite. The calm recent news flow keeps

05-01Industry

MegaETH (MEGA) Token Debuts Across Major Exchanges Without Paying Listing Fees

MegaETH (MEGA) Price　　The token deployment was activated once 10 ecosystem applications from the “Mega Mafia” initiative became operational and surpassed the projects initial key performance indicator (KPI) requirement. The MegaETH team had pledged to delay the token launch until genuine network usage could be demonstrated.　　Binance initiated spot market trading at 11:00 UTC, offering MEGA/USDC and MEGA/USDT trading pairs. KuCoin and Bitget synchronized their listings to match this timing. Additional platforms including Coinbase, Bybit, Upbit, Bithumb, OKX, and MEXC simultaneously introduced MEGA trading on the same day.　　BINANCE LISTS MEGAETH WITH SEED TAG@Binance confirmed the $MEGA listing with no $BNB listing fee, an increasingly rare move for new token additions.　　Trading for MEGA/USDT, MEGA/USDC, and MEGA/TRY pairs goes live at 11:00 UTC on April 30, 2026. Withdrawals will open the… pic.twitter.com/kwJryNmXMo　　— BSCN (@BSCNews) April 30, 2026　　Regulatory compliance measures prevent deposits and trading activities for users located in the United States, Canada, and the Netherlands.　　Exchange Listings Secured Without Token Payment　　The most notable aspect of the launch was MegaETHs stance on refusing to pay listing fees. Earlier in 2026, the project publicly announced it would not distribute MEGA tokens to exchanges for listing fees, liquidity incentives, or promotional token drops.　　Despite this position, every major trading

05-01Industry

Terra Classic (LUNC) Rallies 60% This Week — Key Catalysts Behind the Surge

The primary catalyst fueling this rally is aggressive supply reduction. More than 444 billion LUNC tokens have been permanently removed from circulation, representing approximately 6.4% of the total supply. Additionally, nearly 932 billion tokens remain locked in staking mechanisms, significantly constraining the available trading supply.　　Just within the last three days, approximately 630 million LUNC tokens were destroyed through burning mechanisms. This accelerated burn rate has captured trader attention and renewed market interest.　　Binances Burn Event and Protocol Enhancements　　Market participants are closely monitoring Binances anticipated monthly burn scheduled for May 1. The exchange removes LUNC from circulation using revenues generated from spot and margin trading fees. Given Aprils robust trading activity, analysts expect this burn to exceed typical monthly amounts.　　According to CoinGlass tracking data, open interest in LUNC derivative contracts surged to $37.85 million throughout the recent rally. This metric signals increased participation from short-term speculative traders.　　[[IMG_3]]Source: Coinglass　　Simultaneously, the community is voting on the v4.0.1 network upgrade proposal, with the governance period extending through May 6. This technical upgrade addresses historical blockchain vulnerabilities while seeking to enhance overall network efficiency.　　Regulatory Resolution and Future Development　　Terraform Labs has reached a settlement agreement with the Securities and Exchange Commission. Through its ongoing bankruptcy process, the

05-01Industry

Dow Jones futures climb as Wall Street posts record closes overnight

Finance　　Dow Jones futures climb as Wall Street posts record closes overnight　　Dow Jones futures gain 0.14%, trading near 49,900 during the European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 rise 0.12%, to near 7,250. However, Nasdaq 100 futures advance 0.04% to near 27,600.　　US stock futures edge higher following record closes on Wall Street the previous day. The S&P 500 and Nasdaq 100 are reaching fresh record highs and posting their strongest monthly gains since 2020.　　In Thursdays US regular trading, the Dow Jones climbed 1.62%, while the S&P 500 and Nasdaq 100 rose 1.02% and 0.89%, respectively, driven by solid corporate earnings and easing oil prices. After the close, Apple posted quarterly results that exceeded expectations, further supporting sentiment in the technology sector. Traders are now focusing on more earnings reports due Friday, including Chevron, Exxon Mobil, Colgate-Palmolive, Estée Lauder, and CBOE, among others.　　However, traders remain cautious amid ongoing US–Iran tensions. US President Donald Trump stated on Thursday that he would continue the naval blockade of Iranian ports, amid concerns that the strategically important Strait of Hormuz may not reopen in the near term. Trump also criticized congressional efforts aimed at restricting his war

05-01Industry

Will the Structure Market Bill (Clarity Act) Pass in May? What Experts Say!

Tech　　Will the Structure Market Bill (Clarity Act) Pass in May？ What Experts Say!　　The post Will the Structure Market Bill (Clarity Act) Pass in May？ What Experts Say! appeared first on Coinpedia Fintech News　　The CLARITY Act, Americas most ambitious attempt to create a proper regulatory structure for digital assets, is approaching its final, make-or-break moment. And the question everyone in crypto space is asking: Will May 2026 finally be the month it actually happens？　　Heres what Industry experts and prediction markets say about it.　　CLARITY Act is “in the Red Zone”　　Senate Banking Committee Chairman Tim Scott said the CLARITY Act is “in the red zone,” meaning the bill is close to moving forward. He said it could reach committee markup in May, followed by a possible Senate floor vote in June or July.　　Scott also said he expects the bill to reach the Presidents desk this summer, showing growing momentum in Washington.　　Other lawmakers also sounded confident. At the Bitcoin 2026 Conference, Senator Cynthia Lummis said crypto market structure legislation will be marked up in May, adding,　　“We are gonna get it to the finish line.”　　Senator Tillis also backed the bill and urged leaders to “move forward.”　　Meanwhile, Senator Bernie Moreno warned that missing the end of

05-01Industry

SBI Holdings eyes Bitbank takeover as Japan crypto sector consolidates

SBI Holdings has started formal talks with Bitbank over a capital and business alliance. The planned transaction would make Bitbank a consolidated subsidiary of SBI.SBI Holdings has begun talks to make Bitbank a consolidated subsidiary through a share acquisition.The move follows SBI VC Trades merger with Bitpoint Japan in April 2026.Bitbanks EPOS Crypto Card lets users settle monthly bills with bitcoin balances.　　The company said it plans to acquire shares after due diligence and internal approval. Details on timing, structure, and acquisition method will be discussed later.　　The move comes soon after SBI Group absorbed Bitpoint Japan through a merger with SBI VC Trade in April 2026. The latest talks show SBI is moving quickly to expand its crypto exchange business.　　Japan is also reviewing how crypto assets fit under the Financial Instruments and Exchange Act. That process may bring tighter rules for exchanges and crypto investment products.　　Bitbanks IPO path comes into focus　　Bitbank had previously prepared for a possible Tokyo Stock Exchange listing by mid-2025. The company had also raised about 7 billion yen through a capital and business alliance with Mixi in 2021.　　Mixi became a major shareholder with a 26.2% stake. SBI‘s proposal may now draw attention to Bitbank’s listing plans and

05-01Industry

AI model sets Bitcoin price target for May 31, 2026

Bitcoin price prediction for May 31, 2026. Source: Finbold AI Price Prediction　　Finbold‘s AI forecast was generated for the May 1 to May 31 period using prompt version v1.1. The model incorporated Bitcoin’s reference price, MACD, RSI, moving averages, Fibonacci levels, ETF flow data, derivatives liquidations, market sentiment, and Bitcoin dominance readings. Forecasts are model outputs and should not be treated as guarantees.　　Across the model range, the most bullish output implied a 4.07% gain, generated by GPT-5.2, while the most bearish outlook projected a 7.45% decline, generated by Gemini 3 Flash.　　In that sense, the AI forecast reflects a market that is neither aggressively bearish nor convincingly bullish. Instead, Bitcoin appears to be trading in a fragile equilibrium, where easing selling pressure has improved sentiment, but the absence of a strong catalyst continues to cap expectations.　　Bitcoin ETF outflows ease after three-day selling streak　　At the time of writing, Bitcoin is trading at $77,108, up 1.34% over the past 24 hours, slightly outperforming a broadly flat crypto market. Although the gain is not large enough to confirm a broader breakout, it marks an important shift after several sessions of pressure linked to institutional flows.　　After three consecutive days of net outflows totaling nearly $500 million,

05-01Industry

OKB (OKB) Had Its Moment, But BlockchainFX ($BFX) Could Be the Best Crypto Presale to Buy Now

Crypto　　OKB (OKB) Had Its Moment, But BlockchainFX ($BFX) Could Be the Best Crypto Presale to Buy Now　　How many people ignored crypto early, watched prices rip, then sat there sick after missing life-changing gains？ That pain is real. The best crypto presale to buy now feels obvious only after the chart goes wild and the train already left.　　BlockchainFX ($BFX) is now grabbing serious attention as a fresh launch with a live beta app and a clear utility story, while OKB (OKB) price news keeps reminding the market how exchange tokens can surprise doubters. This breakdown covers what is moving now and why people are watching closely.　　BlockchainFX ($BFX): The Best Crypto Presale to Buy Now for Multi-Asset Trading, Real Rewards, and a Faster Path to Launch　　BlockchainFX ($BFX) is not just another token with pretty words and no backbone. It is a licensed multi-asset super app built to connect DeFi and traditional markets in one place. That means crypto, stocks, forex, gold, and more from a single Web3 interface. For early buyers, that matters because the project solves a real problem. Most platforms force users to jump between apps, accounts, and systems. BlockchainFX ($BFX) aims to cut that mess out.　　Right now, BlockchainFX ($BFX)

05-01Industry

USD/CHF hesitates above 0.7800 despite weak Swiss Retail Sales data

Finance　　USD/CHF hesitates above 0.7800 despite weak Swiss Retail Sales data　　The US Dollar (USD) remains practically flat against the Swiss Franc (CHF) on Friday, wavering within a few pips above 0.7800, on track for a 0.35% weekly loss after dropping from highs above 0.7900 the previous day. The softer-than-expected Swiss Retail Sales data have failed to impact the pair, while an alleged intervention by Japanese authorities to stem Yen weakness has hit the Greenback across the board.　　The Swiss Federal Statistics Office revealed on Friday that retail consumption year-on-year rose 0.5% in March, slightly above the 0.4% growth seen in February, but well short of the 1% increase forecasted by market analysts. On an annual basis, total retail sales have declined 0.1%.　　Apart from that, an alleged intervention by Japanese authorities, consisting of selling US Dollars to support the Japanese Yen (JPY), has sent the US Dollar lower against its main currency peers on Friday.　　The Japanese Ministry of Finance is supposed to have stepped into the Forex markets on Thursday, following comments by the Finance Minister, Satsuki Katayama, warning about immediate action. The USD/JPY depreciated around 2.4% on Thursday, sending the US Dollar lower across the board and triggering a more than 1%

05-01Industry

Stern Letter from Warren and Wyden to Tether-Lutnick

Tech　　Stern Letter from Warren and Wyden to Tether-Lutnick　　Senators Elizabeth Warren and Ron Wyden sent stern letters to Commerce Secretary Howard Lutnick and Tether CEO Paulo Ardoino. The duo is questioning the alleged loan that Tether gave to the trust linked to Lutnicks children. This loan appears to have helped Lutnick transfer Cantor Fitzgerald shares to his children in a multi-billion dollar transfer due to ethical rules when he began his cabinet position.　　Tether-Lutnick Loan Relationship and Ethical Questions　　Lutnick is the former chairman of Cantor, which handles Tether‘s financial operations in the US. Democratic senators emphasize that this connection could influence policy decisions. The inquiry, based on Bloomberg news, comes from Warren’s role as the top Democrat on the Senate Banking Committee and Wydens role on the Finance Committee.Key Details: Lutnick is in Trumps Digital Assets Group; Ardoino was in the front row at the GENIUS Act ceremony.Congress passed the stablecoin regulation law with the Trump administration.Cantor is managed by his sons Brandon and Kyle; Tether entrusted the USAT stablecoin to its US arm Bo Hines.　　RON and the Impact of Stablecoin Regulations　　This development highlights Tethers US moves and political influence. Cantor supported Republicans by donating millions to Fellowship PAC. As regulatory tensions

05-01Industry

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