Crypto Industry News & Market Trends

Bitcoin Big Volatility Expected as Microsoft & Alphabet Earnings Hit Later Today

Bitcoin　　Bitcoin Big Volatility Expected as Microsoft & Alphabet Earnings Hit Later Today　　Bitcoin could be about to be tossed around on a sea of volatility as four of the Mag 7 stocks release Q1 earnings. As well as Microsoft and Alphabet, two other giant U.S. companies, Amazon and Apple, will also publish their earnings. The U.S. stock market could move strongly in either direction, depending on how the results are perceived by the market. Bitcoin is likely to get swept along into any euphoria/depression that follows.　　Bitcoin back to $78K/$79K and retest of trendline　　Source: TradingView　　The short-term time frame for $BTC shows that the price is either going to hold above $77,000, or lose this support again and retreat to $76,000. Given that momentum has reset in other short-term time frames, the likelihood is that the price will continue to claw its way back up from here. A retest of the ascending trendline plus the $78K-$79K resistance level is a possible target.　　If the 4 big Mag 7 companies pull off decent earnings across the board there is the chance that Bitcoin is buoyed up by potential strong gains in the U.S. stock market on Thursday. That said, the S&P Index is right up

04-29Industry

Federal Judge Denies SBF Retrial Motion, 25-Year Sentence Stands

Tech　　Federal Judge Denies SBF Retrial Motion, 25-Year Sentence StandsJudge Lewis Kaplan denied SBFs request for a new trial and called the claims baseless.Kaplan said allegations of witness pressure by prosecutors were “wildly conspiratorial.”Sam Bankman-Fried tried to withdraw his motion, but the court proceeded and denied the request.　　Crypto entrepreneur Sam Bankman-Fried lost his bid for a new trial after US District Judge Lewis Kaplan rejected claims of newly discovered evidence tied to the collapse of FTX.　　In a Tuesday filing in the Southern District of New York, Kaplan called the motion “baseless” and said key allegations were “wildly conspiratorial and entirely contradicted by the record.”　　The ruling leaves Bankman-Frieds 25-year prison sentence in place while his separate appeal continues.　　Judge Says Witness Claims Were Not New　　Bankman-Fried argued that testimony from former FTX executives could support his position that FTX was solvent and customers were later repaid through bankruptcy proceedings.　　He pointed to former FTX Digital Markets co-CEO Ryan Salame and former head of data science Daniel Chapsky.　　Kaplan rejected the argument, writing that none of the witnesses were newly discovered. He said Bankman-Fried knew them before the trial and knew what he expected them to say.　　The judge added that Bankman-Fried could have sought to compel their

04-29Industry

Visa (V) Stock Surges Over 5% on Record-Breaking Q2 Results

Tech　　Visa (V) Stock Surges Over 5% on Record-Breaking Q2 ResultsThe company reported adjusted earnings per share of $3.31, surpassing the consensus estimate of $3.10, while revenue reached $11.2 billion versus expectations of $10.75 billionFiscal second-quarter revenue increased 17% compared to the same period last year — representing the strongest expansion rate in over two yearsPayment volumes climbed 9%, international cross-border transactions jumped 12%, and total processed transactions increased 9%The company unveiled a fresh $20 billion stock repurchase authorization and approved a quarterly dividend payment of $0.670Shares climbed more than 5% during extended trading hours following Tuesdays market close at $309.10, down 0.1%　　The payment processing giant exceeded Wall Street expectations across the board in its fiscal second quarter, reporting results after markets closed on Tuesday, April 28.　　VISA $V Q226 EARNINGS HIGHLIGHTS　　Net Revenue: $11.23B (Est. $10.74B) ; +17% y/y　　Adj. EPS: $3.31 (Est. $3.10) ; +20% y/y　　Payments Volume: +9% y/y　　Cross-Border Volume: +12% y/y　　Processed Transactions: 66.1B (Est. 66.39B) ; +9% y/y　　New Authorization: $20.0B… pic.twitter.com/MivUEcPtbT　　— Wall St Engine (@wallstengine) April 28, 2026　　Adjusted earnings per share registered at $3.31, marking a significant increase from $2.76 in the year-ago period and beating the Streets $3.10 projection. Total revenue climbed to $11.2 billion, representing a 17% year-over-year gain

04-29Industry

Stablecoin impasse causing DeFi, ‘ethics’ concerns grow

Tech　　Stablecoin impasse causing DeFi, ‘ethics’ concerns grow　　Just when U.S. crypto supporters think theyve extinguished one digital asset market structure fire, new blazes ignite, and the smoke is making the finish line even harder to see.　　The Senate Banking Committee has yet to schedule a markup session for its CLARITY Act digital asset market structure bill, despite recent claims that the long-running stablecoin ‘yield/rewards’ fight between crypto stakeholders and the banking sector had been resolved.　　On April 21, Sen. Thom Tillis (R-NC) poured cold water on hopes that Banking would hold a markup session this month, suggesting May was a far better bet. Tillis, who has been working with fellow Committee member Angela Alsobrooks (D-MD) on a bipartisan stablecoin compromise (the text of which has yet to be made public), said more time was needed to ensure all stakeholders views received ample consideration.　　Accordingly, stakeholders on both sides of this debate have been airing their concerns/grievances with Banking members. Crypto In Americas Eleanor Terrett reported that the North Carolina Bankers Association asked their employees to call Tillis to insist on “an airtight prohibition” of digital asset platforms like Coinbase (NASDAQ: COIN) offering “any interest or yield-like payments tied to the holding, retention, or balance

04-29Industry

Nigerias Greenafrica Claims $100k Top Prize as Hedera Hackathon Draws 45,000 Participants

Other top winners included Egypt‘s Carboni Renewable Energy Certificate Platform, which took second place overall, and Mexico’s Effisend X Africa, an AI-powered payment routing system, in third. Organizers noted that the 2025 submissions shifted toward pragmatic infrastructure, including systems for cross-network payments and secure medical record management.　　Coinciding with the awards, The Hashgraph Association announced the formation of a new investment committee. The body is designed to provide multi-million-dollar commitments to strategic partnerships, offering capital and mentorship to developers in emerging markets.　　“Any strong, innovative and responsible technical ecosystem begins with education,” said Paolo Tasca, executive chairman at Exponential Science. “We have seen that approach materialize at scale, with participants advancing from learning to the development of meaningful infrastructure.”　　The hackathon was co-funded by The Hashgraph Association and Exponential Science in partnership with Orange Digital Center and operated by Dar Blockchain. Supporting partners included Sygnum Bank and the Nairobi Securities Exchange. The Hashgraph Association confirmed the event will return in 2026, with details on location and tracks to be released at a later date.

04-29Industry

Jerome Powell likely chairs final FOMC meeting, Kevin Warsh to succeed

Tech　　Jerome Powell likely chairs final FOMC meeting, Kevin Warsh to succeed　　Jerome Powell is likely chairing his last FOMC meeting today, with Kevin Warsh set to take over next month. The market for Powell stepping down by May 14 sits at 5% YES, while the May 31 contract trades at 97% YES.　　Market reaction　　The May 14 contract spiked from 2% to 50% at 11:40 AM yesterday but quickly settled back to 5%. Traders briefly priced in an immediate exit, then reverted. The May 15 contract jumped to 73.5% YES, up from 26% just a day ago, a 47.5-point surge reflecting increased expectations of Powells departure in that window. The June 30 contract sits at 98.4% YES, with traders betting on Warsh stepping in well before then.　　Why it matters　　Powell‘s departure and Warsh’s anticipated confirmation would change who controls monetary policy direction. Warsh, a former Fed governor who left the board in 2011, has been publicly skeptical of the Feds post-2020 inflation response, and his appointment could shift rate-setting priorities.　　What to watch　　In trading terms, $12,518 in actual USDC moved the May 14 market, with $3,604 needed to swing it 5 points. That thin liquidity means a single large order can cause sharp moves, as

04-29Industry

Hana Financial, POSCO, and Upbit operator Dunamu sign deal to pilot blockchain payments

South Koreas Hana Financial Group, POSCO International, and Dunamu have signed a trilateral agreement to deploy a blockchain-based remittance system, with real trade transactions set to begin through POSCO International.Hana Financial, POSCO International, and Dunamu have signed an agreement to test a blockchain remittance system using real trade transactions.The companies said the system, powered by Dunamus GIWA Chain, will combine payment messaging and settlement into a single real-time process.POSCO International is expanding its digital finance efforts while Dunamu continues to face regulatory scrutiny over its planned stock swap with Naver Financial.　　According to a Wednesday announcement from the companies, the agreement formalizes a move from testing to live deployment, allowing POSCO International to process actual cross-border fund flows using the new system.　　The signing took place on Tuesday at Hana Financial Groups headquarters in Seoul, following a proof-of-concept completed earlier this year by Hana and Dunamu.　　Results from that pilot, as disclosed by the firms, showed that blockchain infrastructure could reduce both settlement time and transaction costs when compared with the traditional SWIFT framework, where payment instructions and fund transfers occur in separate stages.　　By combining these steps into a single process, the new system is designed to handle remittances in real time.　　GIWA Chain

04-29Industry

Visa (V) Stock Surges Over 5% on Record-Breaking Q2 Results

The company reported adjusted earnings per share of $3.31, surpassing the consensus estimate of $3.10, while revenue reached $11.2 billion versus expectations of $10.75 billionFiscal second-quarter revenue increased 17% compared to the same period last year — representing the strongest expansion rate in over two yearsPayment volumes climbed 9%, international cross-border transactions jumped 12%, and total processed transactions increased 9%The company unveiled a fresh $20 billion stock repurchase authorization and approved a quarterly dividend payment of $0.670Shares climbed more than 5% during extended trading hours following Tuesdays market close at $309.10, down 0.1%　　The payment processing giant exceeded Wall Street expectations across the board in its fiscal second quarter, reporting results after markets closed on Tuesday, April 28.　　VISA $V Q226 EARNINGS HIGHLIGHTS　　Net Revenue: $11.23B (Est. $10.74B) ; +17% y/y　　Adj. EPS: $3.31 (Est. $3.10) ; +20% y/y　　Payments Volume: +9% y/y　　Cross-Border Volume: +12% y/y　　Processed Transactions: 66.1B (Est. 66.39B) ; +9% y/y　　Adjusted earnings per share registered at $3.31, marking a significant increase from $2.76 in the year-ago period and beating the Streets $3.10 projection. Total revenue climbed to $11.2 billion, representing a 17% year-over-year gain and the most robust growth trajectory since 2022. The analyst community had forecast $10.75 billion.　　On a GAAP basis, net

04-29Industry

AI Agent Deleted PocketOS Database in 9 Seconds

Tech　　AI Agent Deleted PocketOS Database in 9 Seconds　　PocketOS‘ founder Jeremy Crane announced that an AI coding agent destroyed his company’s production database and backups in nine seconds. The agent, using Anthropic‘s Claude Opus 4.6 model on the Cursor platform, triggered Railway infrastructure provider’s GraphQL API with a single call during a routine task. Crane notes in his viral post on the X platform that the agent later produced a text confessing its errors. The agent admitted that while user approval is required for destructive commands, it made incorrect assumptions to resolve authentication inconsistencies. This incident highlights the risks of granting AI-based tools access to production environments.　　An AI agent (Cursor + Claude Opus 4.6) deleted our production database in 9 seconds using a Railway API call with zero confirmation. Then, when asked why, the agent wrote this → https://t.co/BPLs15jvdM　　— JER (@lifeof_jer) April 26, 2026　　PocketOS has been operating since 2020 as a software platform managing reservations, payments, and vehicle tracking for car rental businesses. According to Crane, when the agent encountered an issue in the staging environment, it tried to fix it by deleting the database volume, but this operation also affected production data. The volume deletion via GraphQL mutation on Railway

04-29Industry

Jerome Powell likely chairs final FOMC meeting, Kevin Warsh to succeed

04-29Industry

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