Crypto Industry News & Market Trends

ApeCoin price falls sharply as NFT sector momentum fades

NFT　　ApeCoin price falls sharply as NFT sector momentum fadesThe ApeCoin token has shed 12% of its price value in the past 24 hours.Pudgy Penguins and Blur have also dipped as NFT sector tokens suffer profit-taking.APE faces potential deeper losses to $0.081 unless fresh catalysts emerge.　　ApeCoin (APE), the governance token powering the ApeCoin ecosystem tied to the Bored Ape Yacht Club (BAYC) NFTs, has seen a sharp reversal.　　After riding a brief NFT sector rally, APE plunged 12% over the past 24 hours and was trading around $0.14 at the time of writing.　　The decline erased much of its intraday gains, during which the token briefly surged above $0.18. The losses highlight the volatile nature of meme and NFT-linked tokens amid broader market profit-taking.　　APE pares gains after sector rally fades　　ApeCoin‘s downturn follows a broader NFT sector rally that lifted several related tokens before momentum faded. The token surged over the past week alongside peers such as Pudgy Penguins’ PENGU and Blurs BLUR, driven by renewed hype around non-fungible tokens.　　PENGU, for instance, climbed as the Pudgy Penguins NFT collections floor price spiked, drawing speculative inflows into the ecosystem. BAYC floor prices also rose during the rally.　　However, the momentum proved short-lived. Both PENGU and APE

04-29Industry

Ethereum Price Prediction: ETH Breaks Key Downtrend—Is $2.8K Next?

Ethereum　　Ethereum Price Prediction: ETH Breaks Key Downtrend—Is $2.8K Next？　　12 minutes ago　　Bitcoin Ethereum News　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Ethereum is trading at $2,340 as April closes out, having quietly done what it failed to accomplish for the better part of six months: break out of the descending channel that has defined its entire corrective structure since October 2025. The breakout is fresh, unconfirmed on higher timeframes, and happening right below the $2.4k resistance zone.　　That

04-29Ethereum

WisdomTree and Stable Sea Bring Tokenized US Treasuries to Corporate Cash Management

Tech　　WisdomTree and Stable Sea Bring Tokenized US Treasuries to Corporate Cash Management　　Stable Sea introduces blockchain-based treasury yields for enterprise cash managementWisdomTrees digital money market fund offers continuous yield generationCompanies can now convert dormant cash into income-producing assets immediatelyPlatform delivers frictionless entry to on-chain government securitiesCorporate clients receive instant liquidity through digital treasury instruments　　A new collaboration between Stable Sea and WisdomTree delivers streamlined access to digital treasury instruments for enterprise cash operations. This integration allows organizations to channel unused capital into income-generating blockchain-based funds via native platform features. The move signals growing momentum in digitized government securities as companies pursue efficient, always-available cash solutions.　　Stable Sea Platform Delivers Direct Access to Blockchain Treasury Products　　Stable Sea has rolled out Tokenized Treasury capabilities within its corporate finance management system. The infrastructure permits enterprises to transition dormant funds into income-bearing instruments without navigating complicated registration processes. Consequently, digital treasury solutions now integrate seamlessly into everyday financial operations.　　Through a structured broker-dealer arrangement with WisdomTree Securities, Inc., the platform provides access to approved digital fund products. Organizations can execute transactions in designated blockchain treasury vehicles using compliant frameworks. Entry to digitized government securities eliminates conventional obstacles such as substantial minimum investment thresholds.　　The system further supports automatic treasury

04-29Industry

Blockworks raises Series A extension at $192M valuation

Blockworks secures a $192M valuation as it pivots from news to data infrastructure, riding a VC shift toward bigger, late-stage crypto deals.Blockworks Series A extension lifts its valuation to $192M, up 42% from its 2023 $135M mark.The firm shuttered its news division in 2025 to focus on Blockworks Intelligence and institutional-grade crypto data.The raise comes as crypto VC flows consolidate into larger late-stage deals despite fewer overall rounds and mixed market performance.　　Crypto data and research platform Blockworks completed a Series A extension financing round, reaching a post-money valuation of $192 million, according to CNBC. The round was co-led by ParaFi Capital and Reciprocal Ventures, with participation from Coinbase Ventures, Advancit Capital, MoonPay, and over 20 founders and operators from leading blockchain protocols including Solana, LayerZero, Pyth, EigenLayer, Kraken, Arbitrum, and Polygon.　　The fundraise represents a 42% valuation increase from Blockworks initial $12 million Series A round in May 2023, which valued the New York-based company at $135 million. The latest capital injection arrives as Blockworks pivots from its traditional media operations toward becoming a comprehensive data and intelligence platform serving institutional crypto market participants.　　Strategic Pivot to Data Infrastructure　　Blockworks shuttered its flagship news division in October 2025, redirecting resources toward Blockworks Intelligence

04-29Industry

Ripple Takes Over the Las Vegas Strip With XRP Billboards

Tech　　Ripple Takes Over the Las Vegas Strip With XRP BillboardsRipple lit up Las Vegas with XRP billboards during the Bitcoin Conference.Slogans included Raise the Standard and poker-themed lines referencing the SEC legal battle.Garlinghouse posted Lock in and said all roads lead back to Ripples North Star, which is XRP.　　Ripple made its presence impossible to miss in Las Vegas this weekend. Enormous digital billboards lit up Resorts World Las Vegas with glowing green XRP logos and pointed messaging, timed precisely to coincide with the Bitcoin Conference, running April 27 to 29, near the Venetian.　　Ripple Treasury‘s campaign carried poker-themed lines, including “Less settling” and “Didn’t fold,” a reference to the companys years-long legal battle with the SEC that the industry understood immediately.　　The broader brand campaign ran under the line “Raise the Standard.” Attendees sharing videos online captured the scale of the display, with XRP branding visible across one of the most heavily trafficked stretches of the Las Vegas Strip.　　RippleX, the developer arm of the organization, also added its own message.　　Garlinghouse Turns Up the Volume　　CEO Brad Garlinghouse matched the outdoor campaign with an unusually direct social media push. Responding to a post by Reddit co-founder Alexis Ohanian about a CEO‘s responsibility to communicate

04-29Industry

Solana Price Prediction: RSI Hits Oversold, Risk Remains

Tech　　Solana Price Prediction: RSI Hits Oversold, Risk Remains　　Solana is trading under pressure as short-term charts point to a possible move toward $81.65, while longer-term RSI readings show historic oversold conditions. However, analysts say the oversold signal supports only a possible bounce for now, not a confirmed long-term bottom.　　Solana Price Faces Lower Pressure as $81.65 Level Comes Into Focus　　Solana traded near $84.30 on the 1-hour chart as analysts watched whether the token would extend its latest downside move toward the $81.65 area.　　The chart shared by MCO Global shows SOL moving below short-term resistance after failing to hold above the rising trendline. The breakdown placed attention on the next extension zones, with the 138% level near $81.65 marked as a possible downside objective.　　SOL 1H Chart. Source:　　The analysis points to $85.86 as the key level for near-term pressure. As long as SOL stays below that area, sellers may keep control of the move. A push back above resistance would weaken the bearish setup and raise the chance that the latest low already formed.　　The broader structure remains unclear because price action in both directions has developed through corrective moves. That makes the short-term wave count less reliable and limits confidence in a clean five-wave

04-29Industry

DeFi United Moves to Restore rsETH Backing After $292M Exploit

DeFi United, a recovery coalition tied to Aave (AAVE), has detailed its plan to restore backing for rsETH after the April 18 exploit of Kelp DAO‘s cross-chain bridge. The attack released 116,500 rsETH—worth $292 million at the time—without proper burning on the source chain, creating a backing shortfall. The group’s technical roadmap proposes converting committed ETH into rsETH and depositing it into the affected bridge lockbox, enabling the bridge to resume operations.　　The Kelp exploit, attributed to North Korea‘s Lazarus Group, exploited a security flaw in Kelp’s single-verifier bridge design. The drained rsETH was later used as collateral on platforms like Aave and Compound, generating systemic bad debt. As of now, seven attacker-linked addresses still hold 107,000 rsETH-backed positions.　　To recover these funds, DeFi United plans to adjust the rsETH oracle price temporarily, liquidate exploiter positions in a controlled manner, and redeem the rsETH for ETH. The recovered ETH will be used to clear deficits in affected protocols. However, the plans success hinges on governance approvals, DAO votes, and the attacker not interfering with the liquidation process.　　Ethereum Community Rallies Behind Recovery　　Key Ethereum ecosystem players have stepped in to support the recovery effort. Consensys and its co-founder Joe Lubin have committed up to

04-29Industry

Trump extends Israel-Lebanon ceasefire as Hezbollah launches rockets

Tech　　Trump extends Israel-Lebanon ceasefire as Hezbollah launches rockets　　US President Donald Trump announced a three-week extension to the Israel-Lebanon ceasefire, initially set to expire April 27. Meanwhile, Hezbollah launched a heavy rocket attack into northern Israel. The ceasefire extension market for April 26, 2026, sits at 99.8% YES.　　Market reaction　　Trump‘s extension announcement pushed the Israel x Hezbollah ceasefire extension market to near certainty. The April 26 sub-market barely moved on the news, with traders already pricing in the extension’s credibility. Over the past week, this market spiked from 68% to 100%, even as Hezbollah launched rockets into northern Israel.　　The Israel x Hezbollah ceasefire by June 30 market tells a different story. A formal ceasefire by the end of June remains a long shot, with odds weighed down by ongoing tensions and no disarmament agreement in place. Traders are pricing in the real possibility of further escalations alongside whatever diplomatic efforts continue.　　Why it matters　　Trading volume on the ceasefire extension market is $3.1M in USDC daily. Moving the odds by 5 percentage points would require over $1.6M, a sign of strong liquidity and institutional participation. The largest recorded price move was a 50-point drop, likely reflecting earlier skepticism before Trumps announcement reversed sentiment.　　What to

04-29Industry

Bitcoin (BTC) trading volume is falling fast. That rarely ends smoothly: Crypto Daily

Bitcoin Crypto　　Bitcoin (BTC) trading volume is falling fast. That rarely ends smoothly: Crypto Daily　　Even as calls for bitcoin to rally further are growing, participation in the spot market is cooling, leaving the door open for erratic price action.　　Trading volume, the dollar value of BTC changing hands in a day, has recently dropped to less than $8 billion, according to Glassnode. Thats the lowest since October 2023, when bitcoin was less than $40,000. Volume has been declining since hitting highs above $25 billion in early February.　　“Such low volume environments often coincide with reduced market depth and heightened sensitivity to flow shifts,” Glassnode said.　　Market depth, typically measured by looking at buy and sell orders within 2% of the current price, is widely used to assess liquidity, or the ability of the market to absorb large orders at stable prices.　　When market depth shrinks, it means a few large orders can move prices significantly. In other words, the declining volume might end up boosting market volatility, though options traders do not seem to be considering that scenario for now.　　Volmex‘s BVIV index, which measures BTC’s expected 30-day price swings, has dropped to three-month lows below an annualized 42%. Clearly, traders are positioned for calm, not

04-29Industry

Bitcoins Upside Capped by $82K Sell Wall as UAE’s OPEC Exit Triggers Risk Sell-Off

In briefBitcoins recovery rally is capped between $80,400 to $82,000 due to a confluence of massive sell orders, CME gap, and key technical levels.The UAEs OPEC exit raises oil volatility risk rather than confirming a supply surge, keeping inflation and rate expectations uncertain.Analysts see Bitcoin oscillating between $74,000 and $82,000 near-term, with de-escalation and a Fed pivot needed for a sustained breakout.　　Bitcoin retreated on Tuesday as the United Arab Emirates announced it would exit OPEC effective May 1, sending oil prices surging and rattling financial markets already navigating the geopolitical fallout of the U.S.-Israel conflict with Iran.　　The UAEs departure ended its 59-year membership in the oil cartel and sent Brent crude climbing roughly 6% to above $103 per barrel.　　dropped from $79,260 on April 27 to an intraday low of $75,849 on Tuesday, according to CoinGecko data, and is currently trading at around $77,000. The S&P 500 shed nearly 1% from Tuesday‘s local high of 7,213 as oil’s climb above $103 weighed on risk assets.　　On prediction market Myriad, owned by Decrypt‘s parent company Dastan, users see a 75% chance that crude oil’s next major move takes it to $120 per barrel, up from 62% on Monday.　　But even before Tuesday‘s macro shock,

04-29Industry

...

871873

...

1000