Crypto Industry News & Market Trends

Rivian (RIVN) Q1 Earnings Preview: Key Metrics Wall Street Is Tracking Thursday

Rivian Automotive, Inc., RIVN　　The electric vehicle manufacturer delivered 10,400 units during the first quarter, representing a 20% climb compared to last years corresponding period and exceeding Street expectations of approximately 9,900 vehicles. Management stood by its annual delivery forecast of 62,000 to 67,000 units, indicating confidence in accelerating production through the remainder of 2026.　　With delivery figures already disclosed, investor focus shifts to profitability metrics and revenue composition.　　Wall Street analysts project first quarter revenue of $1.37 billion, which would mark roughly 10.5% growth versus the year-ago quarter. The Streets EPS forecast stands at a loss of $0.60 per share.　　Historically, Rivian has surpassed earnings per share projections just 38% of the time across the previous two years, though it has exceeded revenue forecasts 63% of reporting periods. Recent estimate revisions lean positive, with 10 upward EPS adjustments in the past 90 days against zero downgrades.　　Analysts are particularly interested in average transaction prices. Should automotive revenue outpace unit delivery growth, it would indicate stronger sales mix toward the premium R1T pickup and R1S SUV models — a favorable development for gross margin expansion.　　Software Segment Drives Margin Opportunity　　The software and services division generated $447 million in the fourth quarter, representing more than double the

04-30Industry

USD/CAD reverses post-Fed spike to settle near 1.3680

Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates.　　When prices are rising too quickly and inflation is above the Feds 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money.　　When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.　　The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions.　　The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.　　In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially

04-30Industry

MoonPay Folds Sodot Into New Institutional Platform

Former acting CFTC Chairman Caroline Pham will run the new business, which bundles key management, custody, execution, and white-label stablecoin issuance into a single stack.　　MoonPay on Wednesday said it has acquired Israeli key management infrastructure firm Sodot and launched MoonPay Institutional, a new business targeting financial institutions, asset managers, trading firms, and exchanges moving into digital assets.　　The unit will be led by Caroline D. Pham, the former acting Chairman of the U.S. Commodity Futures Trading Commission, who joined MoonPay as CEO of Moon Global Markets and also serves as the companys Chief Legal Officer and Chief Administrative Officer.　　Sodot, founded in 2023 by Ido Sofer, Shalev Keren, Matan Hamilis, and Elichai Turkel, builds self-hosted multi-party computation (MPC) and trusted execution environment (TEE) products for managing private keys and API credentials. The company says its platform has secured more than $50 billion in transactions and protected over 10 million wallets.　　The full Sodot team, technology, and customer base are moving over, and MoonPay said it intends to expand the companys Israeli operations.　　Institutional Stack　　MoonPay Institutional combines wallet infrastructure and key management built on Sodots MPC and TEE stack, custody through MoonPay Trust Company (a New York Limited Purpose Trust Company regulated by the NYDFS),

04-30Industry

Visa Scales Stablecoin Rails to Nine Networks as Partners Cite Real-World Demand

Visas settlement pilot reached a $7 billion annualized run rate in April 2026, up 50% from the prior quarter.Visa now supports nine , including Polygon, Base, and Arc, covering 130-plus card programs in over 50 countries.Circle, Coinbase, and Polygon joined Visas expanded multi-chain settlement layer.　　Visa Pushes Settlement to 9 as $7B Run Rate Hits 50% Growth　　The expansion gives issuers and acquirers more options for settling VisaNet obligations directly in . Visa‘s pilot originally launched with four networks: Avalanche, Ethereum, , and Stellar. The five new additions bring the program’s multi-chain reach into territory that covers institutional compliance, consumer-grade throughput, and programmable settlement infrastructure.　　Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships at Visa, said the expansion reflects how partners operate today. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” Birwadker said. “Expanding our settlement pilot program to more means our partners can choose the networks that best fit their needs, while relying on Visa to provide a common settlement layer across all of them.”　　Each newly added serves a different segment of the payment market. Arc, built by Circle, targets programmable commerce and real-time settlement using USDC. Base, powered by Coinbase,

04-30Industry

UAE OPEC Split Shakes BTC: 76K Level

Bitcoin　　UAE OPEC Split Shakes BTC: 76K Level　　The United Arab Emirates decision to leave OPEC as of May 1 shook up the oil markets and pushed Brent crude oil up 6% to beyond $103.000 per barrel. Bitcoin fell to $75.849 with this development on Tuesday, currently trading at the $76.609 level with a +0.99% change (April 29, 2026, 14:57 UTC).　　Why Did UAEs OPEC Exit Drop the BTC Price？　　Markets were already reeling from the echoes of US-Israel-Iran tensions when the oil surge pressured risky assets. The S on the contrary, it fueled volatility. On the Myriad platform, the probability of oil jumping to $120 is 75%. Strait of Hormuz uncertainty is keeping oil high, pulling down risk assets like BTC.　　BTC Order Book: 80-82K Resistance Wall　　In Bitcoins order book, sell orders of 3.3 million dollars each have accumulated in the 80.400-82.000 dollar range, resisting for over 24 hours. This barrier is limiting recovery. On the downside, there are buys at 76.800 and 75.000 dollars, but spot buys and ETF inflows are weak.　　Technical Levels: Support and Resistance TableLevelPrice (USD)ScoreDistanceSourcesS1 (Strong Support)73.66477/100 ⭐-4.05%Swing Low, EMA 50, SMA 100, HVN 5S2 (Strong Support)76.38971/100 ⭐-0.50%Fibo 0.500, Prev DR1 (Strong Resistance)77.60966/100 ⭐+1.09%Prev Day High, LVN 3, R1R2 (Medium

04-30Industry

First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst

The post First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst appeared first on Coinpedia Fintech News　　The U.S. ETF market may be about to enter a completely new phase. Bloomberg ETF analyst James Seyffart says the first-ever prediction market ETFs may begin trading next week, letting investors bet on U.S. election outcomes like regular stocks.　　This comes after Roundhills latest filing showed a May 5 effective date, opening the door for six new ETFs tied directly to upcoming U.S. political races.　　New Type of ETF Is About to Launch　　It all began on February 14, when New York-based fund issuer Roundhill Investments filed for a new group of ETFs linked to political prediction markets.　　The RPM Democratic President ETF and RPM Republican President ETF are tied to the outcome of the 2028 U.S. presidential election.　　The RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF, and RPM Republican House ETF focus on the November 2026 midterm elections, tracking which party wins control of Congress after the votes are counted.　　Now, these six prediction-based ETFs could go live as early as next week.　　If launched, they would give investors a new way to take positions on political outcomes through regular ETF products.　　Prediction Market

04-30Industry

Market Reacts as Fed Holds Rates Steady, But Historic Dissent Signals Deeper Divide

The Federal Reserve delivered a widely expected pause on interest rates Wednesday, holding the federal funds rate at 3.50%–3.75%. However, the decision was overshadowed by a surge in dissent and a stark warning on geopolitical risks.　　Financial markets reacted, including crypto, with the Bitcoin price slipping below the $76,000 threshold.　　Bitcoin Falls Below $76,000 After FOMC Decision　　Todays FOMC decision delivered a rare show of division, where Beth Hammack, Neel Kashkari, and Lorie Logan voted against including an easing bias in the policy statement, despite supporting the decision to keep rates unchanged.　　Their opposition signals growing resistance wityhin the committee to prematurely signaling rate cuts.　　The level of disagreement marks the highest number of dissenting votes since the October 1992 FOMC dissent, underscoring deepening divisions over the future path of monetary policy.　　Alongside the internal split, the Fed struck a more cautious tone on global risks. Officials explicitly noted that “developments in the Middle East are contributing to a high level of uncertainty,” highlighting how escalating geopolitical tensions are complicating the economic outlook.　　Fed Chair Jerome Powell and the majority maintained that economic activity continues to expand at a solid pace, while inflation remains elevated. However, the absence of any clear signal toward easing suggests policymakers are

04-30Industry

White House Weighs Reinstating Anthropic for Federal Use Amid Pentagon Fight: Report

The White House is reportedly drafting guidance to help agencies use Anthropic despite Pentagon restrictions.Agencies are seeking access to Anthropics newest model, Mythos, for cybersecurity and defense uses.The dispute centers on Anthropics limits on surveillance and autonomous weapons use.　　The White House is reportedly moving to restore Anthropics standing across the federal government as the AI company remains in a dispute with the Pentagon over how its models can be used.　　According to a report by Axios citing multiple sources, officials in President Donald Trump‘s administration are drafting guidance that could let federal agencies work around Anthropic’s “supply chain risk” designation and gain access to its newest AI models, including Mythos.　　The move would mark a reversal for an administration that previously treated Anthropic as a security risk and sought to remove its technology from government systems, after CEO Dario Amodei refused unrestricted access to the Pentagon earlier this year.　　Axios reported that a draft executive action under discussion could ease the administration‘s stance and allow agencies to use Anthropic’s technology while allowing the administration to “save face and bring them back in.”　　In February, the Pentagon designated Anthropic a “supply chain risk.” After Trump ordered agencies to “immediately cease” using its products, federal departments

04-30Industry

US spends $25B on Iran conflict, ceasefire unlikely by April 30

Tech　　US spends $25B on Iran conflict, ceasefire unlikely by April 30　　The U.S. has spent $25 billion on its military operations against Iran, according to a senior Pentagon official. The probability of a U.S.-Iran ceasefire by April 30 is at 1.8% YES, down from 16% a week ago.　　Daily military costs exceeding $1 billion point to continued hostilities, not wind-down. Traders have responded by pushing ceasefire odds lower, and the April 30 ceasefire market is now approaching expiration with almost no movement.　　The market trades $50,697 in daily USDC volume. It takes $5,457 to move the price 5 points, indicating a thick order book. The largest move in the past 24 hours was a 1-point spike, consistent with stable sentiment against a ceasefire.　　The Pentagons $25 billion figure confirms the conflict is entrenched, making a near-term ceasefire less likely, not more. With no formal end to hostilities and daily costs above $1 billion, this is a bearish signal for any immediate resolution. Buying YES at 2¢ offers a 50x return but requires an improbable diplomatic breakthrough within a day.　　Watch for any movement from intermediaries like Oman or Qatar, or signals from Trump or CENTCOM indicating a shift in strategy. A sudden diplomatic event could

04-30Industry

EUR/USD holds near 1.1670 as Fed leaves rates unchanged

04-30Industry

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