Crypto Industry News & Market Trends

Cardano Resumes Slide Above $0.24

Published: Apr 29, 2026 at 15:11　　Cardanos (ADA) price is falling after being trapped between the moving average lines. 　　ADA Price Long-Term Forecast: Bearish　　Since April 21, the cryptocurrency price has been trading between the moving average lines.　　Today, the bears broke the 21-day SMA support, causing the altcoin to begin its decline. If buyers had pushed the price above the 50-day SMA barrier, the ADA price might have reached a high of $0.30. The ADA price is reverting to its critical support level of $0.24. Since March 24, buyers have been defending the current support level at $0.24, with bulls stepping in to buy dips.　　In previous price action, the altcoin remained above the $0.235 and $0.24 support levels.　　Technical IndicatorKey Resistance Zones: $1.20, $1.30, and $1.40Key Support Zones: $0.90, $0.80, and $0.70 　　Cardano Indicator Analysis　　The ADA price is below the horizontal moving average lines. Price movement has been slow due to the presence of small-bodied indecisive candlesticks known as Doji. The price bars are consolidating above the critical support level of $0.24. On the 4-hour chart, the price bars move both below and above the horizontal moving average lines.　　What Is the Next Move for Cardano？　　Cardano is steadily declining but has stabilised above the

04-30Industry

Standard Chartered Calls Kelp Aftermath DeFis Antifragile Moment

The banks digital assets team argues the post-Kelp coalition response and structural fixes around bridges leave DeFi stronger, not weaker, ahead of the Ethereum Economic Zone going live this summer.　　Standard Chartered‘s digital assets research team says the DeFi industry’s response to the April 18 Kelp DAO bridge exploit could prove to be an “antifragile moment” for the sector, arguing the crisis has accelerated structural fixes that will leave decentralized lending more resilient over the medium term.　　In a note published Wednesday titled “DeFi: Bent, not broken,” Global Head of Digital Assets Research Geoff Kendrick wrote that the $292 million theft and its knock-on effects on Aave have not derailed the banks longer-term thesis on DeFi growth. Standard Chartered is maintaining its projection that tokenized real-world assets (RWAs) will reach a $2 trillion market cap by the end of 2028, up from roughly $35 billion in October 2025.　　‘Bank Run’ Contained　　Kendrick laid out the mechanics in familiar terms. Once the market realized that stolen rsETH had been supplied as collateral on Aave (76% of the stolen assets ended up on the protocol, per the report), the lender lost $17 billion in deposits, equivalent to 38% of its total, and $5.5 billion in active

04-30Industry

Belo Raises $14M Series A Led by Tether

Latin Americas cross-border payments facilitator, the digital wallet Belo, has raised $14 million in a Series A round led by Tether. The platform allows users to store and transfer local currencies alongside digital dollars, reaching over 3 million people in the region.　　Belos Series A Round and Investors　　The Buenos Aires-based company will use this capital to expand into countries like Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay. It will strengthen its presence in Brazil by focusing on freelancers, remote workers, and segments involved in cross-border money transfers. CEO Manuel Beaudroit stated that they have been integrated into daily life with a profitably growing product for three years and will use the investment for scaling. Investors like Titan Fund, The Venture City, Mindset Ventures, and G2 also supported the round.　　Stablecoin Payment Revolution in Latin America　　Founded in 2021, Belo combines payments, forex transactions, and international transfers into a single flow using crypto infrastructure behind the scenes. In high-inflation and volatile exchange rate environments where traditional banking falls short, stablecoins stand out as tools for value storage, migrant remittances, and overcoming expensive forex fees. Belo aims to eliminate the need for users to shuttle between multiple services, thereby reducing delays and costs. The company

04-30Industry

Etsy (ETSY) Stock Soars 11% as First Quarter Results Crush Expectations

First quarter revenue reached $631.3M, surpassing Wall Streets $621M projectionMarketplace gross merchandise sales increased 5.5% YoY to $2.5B — ending more than two years of contractionEarnings per share from continuing operations totaled $0.89, crushing the $0.62 forecastPlatform added active buyers on a sequential basis for the first time since early 2024Shares of ETSY climbed approximately 11% in response to the earnings release　　The online marketplace operator delivered first quarter 2026 revenue totaling $631.3 million, exceeding Wall Streets consensus forecast by roughly $10 million. The upside surprise stemmed primarily from renewed expansion in gross merchandise sales, which climbed 5.5% compared to the year-ago period to reach $2.5 billion across the Etsy platform.　　$ETSY Q126 EARNINGS HIGHLIGHTS　　Revenue: $631.28M (Est. $621.09M) ; +3.1% YoY　　EPS: $0.60 (Est. $0.61)　　GMS: $2.46B; -3.9% YoY　　Etsy Marketplace GMS: +5.5% YoY　　Adj. EBITDA: $184.7M; 29.3% Margin　　Take Rate: 25.7%; +180 bps YoY　　This GMS performance represents a significant inflection point, ending a prolonged period of year-over-year declines. The previous quarter registered a 0.5% contraction, making this the first time in more than 24 months that the company posted positive annual GMS growth.　　Etsy, Inc., ETSY　　Earnings per share from continuing operations registered $0.89, significantly outpacing analyst expectations of $0.62. Continuing operations generated net income of $104.7 million,

04-30Industry

NVIDIAs Omniverse Pushes Manufacturing Into Simulation-First Era

NVIDIA (NASDAQ: NVDA) is spearheading a transformation in the manufacturing sector with its Omniverse platform, which enables companies to adopt a simulation-first approach. By harnessing high-fidelity simulations and AI-driven tools, manufacturers are achieving significant efficiency gains, from faster product development to reduced operational costs.　　Traditionally, manufacturing relied on real-world testing to validate designs and processes. That approach is now being disrupted by synthetic training data and advanced simulations that mimic real-world conditions with near-perfect accuracy. This shift is powered by OpenUSD, a standard embraced by NVIDIAs Omniverse platform to ensure seamless interoperability across design, simulation, and AI training pipelines.　　SimReady: Streamlining the Path to Physical AI　　A key enabler of this change is SimReady, a content standard based on OpenUSD. It ensures 3D assets retain key properties like physics data and geometry as they move across platforms. This eliminates the inefficiencies caused by rebuilding models when transferring them between CAD tools and simulation environments.　　NVIDIA Omniverse libraries add another layer by providing photorealistic, physics-accurate simulations for AI training. These tools allow AI models to be validated in virtual environments before deployment, saving time and resources.　　Real-World Applications: ABB, JLR, and Terex　　Several industrial leaders are already leveraging NVIDIAs physical AI stack:ABB Robotics: By integrating Omniverse libraries

04-30Industry

JPMorgan CEO Warns of Bond Market Crisis: What It Means

JPMorgan CEO warns rising global debt could trigger a bond market crisis and severe credit downturn.Bitcoin may face short-term pressure but gain as a long-term hedge if fiat weakens.A crisis could spark panic selling first, then boost BTC as central banks add liquidity.　　JPMorgan Chase CEO Jamie Dimon has raised fresh concerns about the global financial system. He warns that rising government debt levels could eventually trigger a bond market crisis.　　Accordingly, financial commentators have weighed in on how Bitcoin and other crypto assets could factor into such a scenario.　　Dimon Flags Rising Debt Risks　　Speaking at an investment conference hosted by Norways sovereign wealth fund, Dimon said the current path of borrowing is unsustainable.　　“The way it‘s going now, there will be some kind of bond crisis, and then we’ll have to deal with it,” Dimon said. In parallel, he urged policymakers to act early instead of waiting for markets to force a response.　　Dimon pointed to multiple risks, including geopolitics, oil prices, and widening government deficits. While the exact timing is unclear, he stressed that the combination of these factors increases the chances of a sudden market disruption.　　A bond crisis, in simple terms, would mean a sharp spike in yields and a breakdown in

04-30Industry

Gold: Rising reserve role as history returns – Deutsche Bank

Deutsche Bank‘s Mallika Sachdeva argues that shifting geopolitics are reshaping central bank reserve allocation towards Gold and away from the US Dollar (USD). Sachdeva outlines a framework linking Gold’s reserve share to central bank holdings, Gold prices and global FX reserves, driven mainly by Emerging Markets (EM) central banks. Sachdeva suggests Golds share could climb significantly if EMs target higher allocations.　　Geopolitics drive central bank gold demand　　“The ”return of history“ has big implications for gold and the dollar. In 1989, Francis Fukuyama argued that humanity had reached ”the end of history“. The US became the uncontested hegemon and global trade exploded in a US-defined liberal order.”　　“The share of gold in central bank reserves is not driven by the global monetary system, but by the global geopolitical environment. Golds decline as a share of reserves did not happen with the fall of Bretton Woods in the 1970s, but the fall of the Berlin Wall and the assertion of US hegemony in the 1990s.”　　“As tectonic geopolitical plates shift again, the share of US dollars in central bank reserves is once more in decline. It has fallen from over 60% to just 40%, while golds share has tripled from its lows to 30% today.”　　“We

04-30Industry

Canada Moves to Ban Crypto ATMs After Fraud Surge

Canada all crypto ATMs after federal officials linked the machines to fraud, money laundering and other financial crimes.　　The proposal appeared in Canadas Spring Economic Update 2026. The government said crypto ATMs allow scammers to defraud victims and help criminals move cash into the financial system.　　The measure is part of a wider plan to fight money laundering, terrorist financing, sanctions evasion and fraud. However, the official update describes the ban as a proposal, not as a rule already in force.　　Canada Crypto ATM Ban Targets Fraud Risks　　The Canadian government said crypto ATMs create a direct path between cash and digital assets. That has made the machines a useful tool for fraud schemes, according to federal officials.　　Scammers often pressure victims to withdraw cash and deposit it into Bitcoin or crypto ATMs. Once victims send the funds, they may not be able to recover the money.　　Canadas Financial Consumer Agency has warned that fraudsters may ask for payment through crypto ATMs. These scams can start through online ads, social media posts, fake websites or direct messages.　　The Canadian Anti-Fraud CentreCanadians lost more than $704 million to fraud in 2025. It also said reported fraud losses have passed $2.4 billion since 2022.　　However, the agency says most fraud

04-30Industry

ETH ICO Whale Activates After 11 Years

An investor who loaded 10,000 ETH for $3,100 during Ethereum‘s 2015 ICO has moved their entire holding for the first time after nearly 11 years. This wallet’s ETH is now worth nearly $23 million and was transferred to a new address on Tuesday. On-chain records confirm the tokens arrived shortly after the networks first crowdsale, on July 30, 2015; the price that day was around $0.31. The investor watched every bull run, every crash, and market cycle without touching it – until this weekend.　　The wallet is on the verge of realizing a 7,500x return by moving its entire balance. In September, another whale from the same ICO period had shifted its $645 million worth of ETH from three wallets to a staking service. CEX.IO Chief Analyst Illia Otychenko says that those who entered at low prices can exit profitably at every level, so they might not pay much attention to market timing. Bitunix Analyst Dean Chen also emphasizes the timing of the move outside of peaks; long-term holders generally pursue portfolio restructuring, custody updates, or shifting passive capital to active management. Other early ICO whales are moving similarly without naming names.　　ETH Current Technical Analysis　　ETH is currently trading at 2.317,10 dollars

04-30Ethereum

Bitmine Broadens Ethereum Exposure with New $103.5M Buyout

Bitmines, the well-known Bitcoin ($BTC) mining platform, has recently increased its exposure to Ethereum ($ETH). In this respect, Bitmine has purchased a total of $103.5M in $ETH. As per the data from Lookonchain, this buyout underscores an aggressive strategy. It also highlights Bitmines dependence on institutional-level entities for big transfers.　　Bitmine Secures 45,000 $ETH from FalconX and BitGo to Expand Ethereum Strategy　　Bitmine has acquired another 45,000 $ETH coins, equaling up to $103.5M, via BitGo and FalconX. The respective acquisition points out that Bitmine is now relying more on institutional-grade entities when it comes to large-scale transfers. Additionally, the move shows the platforms consistent confidence in the king of altcoins as a core element of its portfolio.　　Based on the market data, Bitmine has carried out a couple of transactions via FalconX and BitGo. Particularly, it transferred 20K $ETH coins, accounting for $45.85M form the hot wallet of FalconX. Additionally, the platform transferred 25K $ETH coins, equaling a value of nearly $57.31M, from BitGo.　　77.2% of Total Holdings in $ETH Staking Strategy Indicate Bitmines Strong Confidence　　So, these transfers indicate prime brokers and custodians critical role in Bitmines strategy for massive earnings, providing security and liquidity. Other than these buyouts, Bitmine has also broadened its

04-30Ethereum

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