Crypto Industry News & Market Trends

Robinhood Q1 Earnings Low: Crypto Enthusiasm Fades with BTC Drop

Bitcoin Crypto　　Robinhood Q1 Earnings Low: Crypto Enthusiasm Fades with BTC Drop　　Robinhood reported its lowest quarterly profit in a year, highlighting the waning enthusiasm of retail investors amid the sharp decline in crypto prices. The company announced first-quarter results on Tuesday with a net profit of 346 million dollars; 0.38 dollars per share. This performance rose 3 percent above last year‘s 336 million dollar level but narrowly missed analysts’ 0.39 dollar target. Revenues reached 1.07 billion dollars; double-digit increases in stocks and options, along with record volumes in prediction markets, futures, and index options, drove this growth. In after-hours trading, the stock price fell 6 percent to 82 dollars.　　Crypto Trading Revenues Fell with BTC Price Decline　　Crypto trading revenues showed a significant decline compared to the previous quarter; the Bitcoin price drop reflected this picture. Current BTC price at 77.598,18 dollars, up +1,29% in the last 24 hours, but RSI at 59,44 indicating sideways trend and Supertrend giving bearish signal. EMA 20: 75.626,61; strong supports S1 76.444,47 (83/100 points) and S2 72.633,42. Resistances R1 80.313,66 (+3,50%) in focus. This technical weakness pressured Robinhoods crypto volumes. Visit our BTC detailed analysis page for a detailed review.　　Prediction Markets and Record Volumes with Kalshi　　Kalshi-backed prediction

04-29Industry

FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins

Bitcoin Ethereum　　FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins　　The post FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins appeared first on Coinpedia Fintech News　　Today, the Federal Reserve is set to announce its April interest rate decision, and Jerome Powells press conference begins at 12:00 AM IST. The market maker tool currently shows a 100% probability that the Fed will hold rates unchanged　　Bitcoin is trading around $77,044 heading into the announcement.　　Fed To Hold Interest Rate For Third Hold in a Row　　According to the CME FedWatch Tool, the market is 100% sure that the Fed will keep the rates unchanged at 3.50%–3.75%.　　This rate decision is widely seen as a formality.　　However, inflation is still above the Feds 2% target, and while growth has slowed slightly, the economy remains stable. Even so, the job market has stayed surprisingly resilient, payroll growth has been steady, and unemployment is sitting around 4.3%. Oil prices have climbed following　　This gives the Fed little reason to rush into rate cuts.　　Because of this, traders are not expecting any surprise move. Instead, all attention is on Fed chair Jerome Powells speech for the

04-29Industry

Ignored Warning Led to ZetaChain’s $334K Crypto Exploit

Crypto　　Ignored Warning Led to ZetaChains $334K Crypto Exploit　　The vulnerability had reportedly been submitted earlier through the projects bug bounty program but was dismissed as intended behavior. In its post-mortem, ZetaChain said the attacker combined multiple design flaws, including unrestricted cross-chain instructions, overly broad contract execution permissions, and leftover unlimited token approvals from previous wallet interactions. The attacker also allegedly prepared in advance by funding wallets through Tornado Cash.　　ZetaChain Hack Raises New Questions　　ZetaChain recently suffered that resulted in losses of approximately $334,000. The attackers drained protocol-controlled funds across multiple blockchain networks including Ethereum, , Base, and BNB Smart Chain. Importantly, no user funds were impacted.　　The incident attracted a lot of attention because the vulnerability behind the attack had reportedly been identified earlier through ZetaChains bug bounty program, but was dismissed by the team as intended.　　After the exploit, ZetaChain released a explaining that the breach was not caused by a single catastrophic flaw, but rather by several smaller design weaknesses that became dangerous when combined. According to the report, the protocols gateway contract allowed anyone to submit arbitrary cross-chain instructions without sufficient restrictions. Once those instructions reached their destination chain, the gateway could execute commands on nearly any smart contract. Although a

04-29Industry

GBP/USD: Iran shock risk for UK – BNY

Finance　　GBP/USD: Iran shock risk for UK – BNY　　BNYs Bob Savage relays National Institute of Economic and Social Research (NIESR) analysis that an escalation of the Iran conflict and prolonged Strait of Hormuz closure could severely hit the United Kingdom (UK) economy. Under an adverse scenario, Oil could reach $140, pushing inflation above 5% and forcing the Bank of England (BoE) to hike up to 150 bp. Even with a ceasefire, growth is downgraded and inflation stays elevated before slowly normalizing.　　Energy shock threatens UK outlook　　“The UK faces rising recession risks if the Iran conflict escalates, with the National Institute of Economic and Social Research warning that renewed hostilities and a prolonged closure of the Strait of Hormuz could trigger a severe economic shock.”　　“The UK economy is seen as particularly vulnerable given its reliance on energy imports.”　　“Under this adverse scenario, oil prices could surge to around $140/barrel, pushing UK inflation above 5% and forcing the Bank of England to raise interest rates by up to 150bp, reversing recent easing.”　　“Even under a benign scenario with a sustained ceasefire, growth forecasts have been downgraded, while inflation is expected to remain elevated before gradually returning to target.”　　“The fog of war is heavier today, and investors

04-29Industry

BitMEX Expands TradFi Perpetual Swaps with FX for 24/7 Crypto Trading

BitMEX today announced the launch of six FX Perpetual Swap contracts, enabling traders to access global currency markets using cryptocurrency as collateral on a 24/7 basis.　　The new offering includes EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, and USD/CAD, providing exposure to some of the most traded currency pairs without relying on traditional brokers or fiat funding. The contracts remain open continuously, including weekends when conventional forex markets are closed.　　The launch builds on BitMEXs experience in crypto derivatives and marks a renewed expansion into forex-linked perpetual products, designed to meet evolving trader demand with a more focused and scalable offering.　　“Forex is the largest and most liquid market globally, yet access still depends on fragmented and time-bound systems,” said Stephan Lutz, CEO at BitMEX. “With FX Perpetual Swaps, traders can access major currency pairs at any time using crypto as margin, without the operational friction of traditional brokerage models. This reflects a broader shift toward always-on, borderless trading.”　　FX Perpetual Swaps allow traders to post crypto as margin, removing the need for fiat deposits, bank transfers, or broker onboarding. The contracts offer up to 100x leverage and operate with a 0% base interest rate, eliminating overnight swap fees commonly charged by traditional forex providers.　　The selected

04-29Industry

DXY: Fed guidance and cuts repricing in focus – Deutsche Bank

Finance　　DXY: Fed guidance and cuts repricing in focus – Deutsche Bank　　Deutsche Bank economists expect the Federal Reserve (Fed) to keep rates on hold, with markets focused on forward guidance and any shift toward more two‑sided language. They note that the probability of a Fed cut by December has fallen sharply as consumer confidence surprises to the upside and Treasury yields edge higher, supporting the Dollar outlook.　　Fed decision and cuts repricing　　“Looking ahead to today, the main highlight will be the Federal Reserve‘s latest policy decision. They’re widely expected to keep rates on hold, so the focus will be on their forward guidance for what theyre thinking about future policy.”　　“Our US economists think the key question is whether they formally adopt two-sided language about the policy outlook in the statement, and whether Chair Powell indicates a more balanced risk assessment in the press conference.”　　“Their base case is that the Fed will wait until June for meaningful changes in guidance, but the risk is that communications skew hawkish.”　　“In fact, the probability of a cut by December was down to just 24% by the close, having been at 35% on Monday, so its seen as an increasingly unlikely prospect.”　　“This backdrop saw the 2yr Treasury

04-29Industry

Bitmine Buys $103M in ETH, Hits New Staking Milestone

Bitmine now holds just over 5 million ETH, which is roughly 4.2% of the cryptocurrencys total supply. This aggressive accumulation has taken place over less than 12 months since the company started buying ETH at the end of July last year.　　This aggressive move has not only sparked interest among crypto observers and analysts but also ignited interest in the companys plan. However, to understand what the plan is all about, we must first look at what Bitmine has been doing with the ETH it acquired.　　Bitmine Stakes ETH Worth Over $9 Billion　　Bitmines latest staked amount was even more impressive than the aforementioned ETH acquisition. According to Lookonchain, the company just staked 106,200 ETH worth roughly $244 million.　　According to Arkham, Bitmine now has over 3.9 million ETH staked. This was more than $8.4 billion worth of cryptocurrency at press time.　　Bitmine stakes ETH worth over $8.5 billion | Source: Arkham　　Bitmine now has the largest share of staked ETH on the Ethereum network at 9.5%. This move will allow the company not only to benefit from robust passive yields but also to secure substantial long-term capital gains.　　Aggressive demand from the likes of Bitmine has been fuelling bullish Ethereum price action since the start of

04-29Ethereum

FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins

The post FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins appeared first on Coinpedia Fintech News　　Today, the Federal Reserve is set to announce its April interest rate decision, and Jerome Powells press conference begins at 12:00 AM IST. The market maker tool currently shows a 100% probability that the Fed will hold rates unchanged　　Bitcoin is trading around $77,044 heading into the announcement.　　Fed To Hold Interest Rate For Third Hold in a Row　　According to the CME FedWatch Tool, the market is 100% sure that the Fed will keep the rates unchanged at 3.50%–3.75%.　　This rate decision is widely seen as a formality.　　However, inflation is still above the Feds 2% target, and while growth has slowed slightly, the economy remains stable. Even so, the job market has stayed surprisingly resilient, payroll growth has been steady, and unemployment is sitting around 4.3%. Oil prices have climbed following　　This gives the Fed little reason to rush into rate cuts.　　Because of this, traders are not expecting any surprise move. Instead, all attention is on Fed chair Jerome Powells speech for the further timeline for cuts.　　Two Key Possible Scenarios That Matter　　Jerome Powells speech is expected to drive the market.

04-29Ethereum

Humanity Protocol Price Prediction: H Surges 32.52% After Breakout, Eyes $0.20 Resistance Zone

Tech　　Humanity Protocol Price Prediction: H Surges 32.52% After Breakout, Eyes $0.20 Resistance ZoneHumanity Protocol breaks out with strong momentum, but exhaustion risk risesKey resistance near $0.185 may decide push toward $0.20 or trigger pullbackRising open interest and weak spot inflows signal volatility and cautious demand　　Humanity Protocol (H) extended its rally this week as bullish momentum accelerated after a prolonged consolidation phase. The token now trades at $0.1724, supported by rising demand and renewed speculative interest.　　Daily volume surged past $77 million, reinforcing strong participation across the market. Over the past seven days, H has climbed 32.52%, reflecting a decisive shift in sentiment. This move places the projects market capitalization above $314 million, signaling growing relevance among mid-cap assets.　　Breakout Structure Signals Strength　　Price action shows a clear transition from accumulation into expansion. Previously, H traded between $0.10 and $0.14 while forming a stable base. That range acted as a launchpad for the current breakout. Consequently, buyers stepped in aggressively once price cleared resistance.　　Humanity Protocol Price Dynamics (Source: Trading View)　　The move toward $0.17 and $0.18 confirms higher highs and higher lows. This structure supports a strong bullish trend. Moreover, moving averages remain aligned upward, reinforcing continuation bias. The Supertrend indicator also supports upside momentum.　　However,

04-29Industry

XRP Price Prediction for May 2026: Can Bulls Trigger a Rally Near $2?

Tech　　XRP Price Prediction for May 2026: Can Bulls Trigger a Rally Near $2？　　XRP price hovers near $1.40 in late April 2026 as traders weigh a daily cup-and-handle pattern targeting $1.70, while a sharp on-chain warning could derail the breakout. What is the latest XRP price prediction from May 2026？　　The token has moved sideways since February 2026, but compressing volume and a slowly turning weekly MACD suggest a bigger move is brewing as May begins.　　NVT Ratio Spike Flags Overheated XRP Network　　The Network Value to Transactions (NVT) ratio for XRP surged to 1,076 on April 29. That marks the highest reading on the chart since October 2025. Earlier spikes during the same window stayed mostly below the 700 mark.　　However, a high NVT reading indicates that the price has risen faster than actual on-chain activity. Historically, similar extremes have preceded short-term price corrections, since the rally was not supported by transactional volume.　　NVT Ratio for XRP / Source: Santiment　　Meanwhile, exchange inflows and whale transaction counts above $100,000 have remained stable since February 2026. No fresh spikes are visible in the Santiment data, mirroring the structural concerns flagged in previous BeInCrypto coverage.　　For the bearish signal to fade, the NVT ratio must drop below 300 while

04-29Industry

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