Crypto Industry News & Market Trends

Russian strikes kill 21 in Ukraine on Chernobyl anniversary

Tech　　Russian strikes kill 21 in Ukraine on Chernobyl anniversary　　Russian strikes killed at least 21 people in Ukraine over the weekend, coinciding with the Chernobyl disaster anniversary. Ceasefire by April 30 is at 0.2% YES.　　Market reaction　　The April 30 ceasefire market sits at 0.2% YES, unchanged from yesterday. The May 31 market is at 3.4% YES, down from 4% a day ago. With one day left for the April 30 resolution, odds are effectively zero. The 3-point spread between April 30 and May 31 suggests traders dont expect an immediate breakthrough.　　Why it matters　　These markets aren‘t deep. The April 30 contract sees $1,480 in daily USDC volume. A mere $875 can shift it 5 points, meaning individual trades can move the price noticeably. The May 31 contract’s $3,306 depth is thicker but still vulnerable to large orders. The largest recent move was a 50-point spike.　　What to watch　　Russias strikes near Chernobyl are a bearish signal for ceasefire odds. Escalating attacks around nuclear sites make diplomatic resolutions less likely. The source tier is low, but the reported events are consistent with ongoing military patterns. Buying YES at 0.2¢ pays $1 if a ceasefire is reached by April 30, a 500x return, but that assumes a

04-29Industry

Startale Partners Sunnyside Labs to Bring Privacy Boost to Soneium Ecosystem

Tech　　Startale Partners Sunnyside Labs to Bring Privacy Boost to Soneium EcosystemPrivacy Boost enables private transactions with proof generation times of less than 500 milliseconds and throughput of more than 1,800 transactions per second.As part of the collaboration, Privacy Boost will implement its whole protocol stack on Soneium, including TEE infrastructure and smart contracts.　　Today, Startale Group announced a collaboration with Sunnyside Labs, designating Privacy Boost as the Startale Apps official privacy partner. Privacy Boost will offer self-custodial, onchain privacy features inside a consumer cryptocurrency ecosystem by integrating directly into the Startale App and deploying natively on Soneium.　　As a key consumer gateway to Soneium, the blockchain created by Sony Block Solutions Labs, the integration represents a significant advancement in the development of the Startale App. Additionally, it is the first time Privacy Boost has been included into a consumer-facing application.　　With features like asset management, payments, Mini Apps, and ecosystem benefits, the Startale App is intended to make the onchain economy accessible to everyday people. The alliance seeks to address the visibility of onchain transactions, where counterparties, transfer amounts, and balances are by default publicly visible, as usage increases.　　With a hybrid architecture that combines trusted execution environments with zero-knowledge proofs, Privacy Boost enables

04-29Industry

Federal-state tensions rise as CFTC targets another state in betting probe

The Commodity Futures Trading Commission (CFTC) has intensified its legal battle over prediction markets, filing a new federal lawsuit against Wisconsin, making it the fifth U.S. state targeted in its escalating crackdown on state-level enforcement actions.　　The lawsuit, filed Tuesday alongside the U.S. Department of Justice in the Eastern District of Wisconsin, argues that Wisconsin overstepped its authority by suing five prediction market platforms last week, including Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase. The federal regulator says those actions interfere with its exclusive jurisdiction over federally regulated derivatives markets under the Commodity Exchange Act.　　In its complaint, the CFTC said Wisconsins attempt to “criminalize and shut down federally regulated markets” undermines the national framework Congress established for overseeing swaps and event contracts.　　The agency maintains that prediction markets fall under federal derivatives law rather than state gambling statutes, creating a direct conflict between Washington and state regulators.　　Still letting the bank keep the best part？ Watch our free video on being your own bank.

04-29Industry

SUI Price Prediction: $0.88 Target Within Two Weeks as Technical Breakdown Accelerates

Technical Structure Points Lower　　SUI has entered a precarious position after multiple failed attempts to break above $0.95, creating a pattern that favors the bears. The token currently trades at $0.92, representing a -0.70% decline that places it firmly below critical moving averages. The 20-period simple moving average sits at $0.95, effectively capping any upside momentum and reinforcing the resistance level.　　The momentum picture has deteriorated significantly, with the RSI at 46.8 indicating neither oversold conditions that might attract buyers nor the strength needed for a sustained rally. This neutral reading in a downtrending market typically precedes further weakness. The MACD histogram‘s position near zero reflects the absence of any meaningful directional momentum, while SUI’s position within the Bollinger Bands at 0.24 shows the token hugging the lower boundary.　　Market Dynamics Favor Distribution　　The derivatives landscape reveals a concerning disconnect between positioning and actual market action. While retail traders maintain a 60.5% long bias and smart money positioning shows 65.1% long exposure, the aggressive taker sell ratio of 0.69 indicates active selling pressure from larger players.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full SUI price, calculator & analysis　　This dynamic becomes more pronounced when examining

04-29Industry

Judge Rejects Sam Bankman-Fried’s Bid for New Trial in FTX Fraud Case

Tech　　Judge Rejects Sam Bankman-Frieds Bid for New Trial in FTX Fraud CaseU.S. District Judge Lewis Kaplan rejected Sam Bankman-Frieds request for a retrial this TuesdayThe judge characterized the motion as an attempt to rehabilitate the defendants public imageBankman-Fried claimed three ex-FTX officials could testify that the platform remained financially viableKaplan noted the defendant had access to these witnesses during the original proceedings but declined to call themThe FTX founders appeal of his fraud conviction and quarter-century prison term remains active　　A federal judge has turned down Sam Bankman-Frieds attempt to secure a new trial following his conviction for orchestrating one of the most significant financial frauds in recent history.　　A federal judge rejected FTX co-founder Sam Bankman-Frieds do-it-yourself motion for a new trial based on what the former crypto king claimed was new evidence https://t.co/Yke9vgqa37　　— Bloomberg (@business) April 28, 2026　　Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York, who oversaw the 2023 criminal proceedings and imposed a 25-year prison sentence on the disgraced crypto entrepreneur in early 2024, issued the denial order on Tuesday.　　In his ruling, Kaplan delivered a sharp rebuke, stating that the motion seemed to represent “one part of a plan to rescue his

04-29Industry

Silver: Inflation shock threatens demand – TD Securities

Finance　　Silver: Inflation shock threatens demand – TD Securities　　TD Securities commodity team highlights that Silver has already fallen sharply since the conflict began and could face further downside if inflation slows growth and raises carry costs. They warn that weaker industrial demand and higher rates may erode the projected deficit, though a later-year recovery is expected once the Oil shock fades and structural supply constraints reassert themselves.　　Industrial metal faces cyclical headwinds　　“With that, inflation expectations would almost certainly rise further, and markets would once again grow increasingly concerned about stagflation and higher interest rates across the yield curve. These concerns have already weighed heavily on precious and base metals. Gold is down roughly $700/oz since the conflict began (–13%), silver has fallen $21/oz (–22%), and copper has remained flat despite a deep market deficit.”　　“Silver is also likely to drop sharply if inflation causes the economy to slow and increases the cost of carry. A weak economy would reduce industrial demand, while higher rates would erode investor interest.”　　“Together, these forces could erode our currently projected deficit and move the market toward balance, suggesting prices may gravitate closer to the marginal cost of production. However, once the oil shock has passed, a structurally weak

04-29Industry

OP Price Prediction: $0.11 Breakdown Imminent as Bears Circle Wounded Bull

Market Context: Why OP is Breaking Down Now　　Optimism is bleeding out at $0.12, and the technical damage runs deeper than surface consolidation suggests. Trading 52% below its 200-day moving average at $0.25 exposes the fundamental weakness plaguing this token since the broader market turned. Daily volume on Binance has collapsed to $1.87 million—institutional money has completely abandoned ship.　　The -0.0381% negative funding rate means shorts are collecting payments just for holding their positions, yet open interest jumped 7.44% as fresh capital enters exclusively on the short side. This setup screams capitulation phase, where every bounce gets sold and support levels crumble under selling pressure.　　Technical Breakdown Accelerating　　The RSI at 50.20 masks the real story—momentum has completely died while price action deteriorates. OP sits dead center of its Bollinger Bands at exactly the 0.50 position, creating a textbook squeeze formation that resolves violently in either direction. The convergence of all moving averages at $0.12 has created a critical decision point, and the selling pressure is winning.　　Every technical indicator points to the same conclusion: this consolidation is distribution, not accumulation. The MACD histogram flatline at zero confirms momentum traders have exited, leaving only weak hands defending increasingly fragile support levels.　　Whale Positioning Creates False Hope　　Professional

04-29Industry

Canada Eyes Crypto ATM Ban in Anti-Fraud Crackdown

Canada has proposed banning crypto ATMs nationwide as part of measures unveiled in the federal Spring Economic Update 2026. 　　The government described the machines as a key tool used by scammers to defraud victims and launder illicit cash proceeds.　　“To protect Canadians by shutting down a primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime, the Spring Economic Update 2026 proposes to ban crypto ATMs,” the text reads.　　There are nearly 4,000 cryptocurrency ATMs operating in Canada, according to figures cited in CBC. That gives the country the highest concentration of crypto ATMs per capita worldwide.　　The proposed ATM ban is positioned as a public safety measure. Canadians would still be able to access services through money services businesses (MSBs), including purchasing digital assets at physical locations, while reducing the sectors exposure to illicit activity.　　Meanwhile, Canadian lawmakers are separately advancing legislation to bar political campaigns from accepting cryptocurrency donations　　Canadas parliament advanced Bill C-25, which would ban crypto donations to federal political campaigns.　　The bill passed second reading with cross-party support and heads to committee review.　　— Token Metrics (@tokenmetricsinc) April 27, 2026　　Canada Joins a Broader Crypto ATM Crackdown　　Canada is not the first country to clamp down on

04-29Industry

Canada moves to ban crypto ATMs over fraud concerns

Canada has moved to tighten oversight of cryptocurrency use by proposing a nationwide ban on crypto ATMs while advancing legislation to block digital asset donations in federal elections.Canada has proposed a nationwide ban on crypto ATMs, with CBC News reporting they are widely used in fraud schemes.FINTRAC has identified crypto ATMs as a recurring channel in suspicious transaction reports linked to scams.Lawmakers have advanced Bill C-25 to prohibit crypto donations in elections, citing challenges in verifying donor identities.　　According to CBC News, the federal government has outlined plans in its Spring Economic Update 2026 to ban crypto ATMs, describing them as a key tool used by scammers to extract funds from victims and process illicit cash.　　The report notes that officials have linked the machines to fraud activity across the country, with investigations identifying them as a primary channel through which victims are instructed to transfer money.　　A months-long investigation by CBC News, which included input from law enforcement agencies, financial regulators, industry participants, and fraud victims, found that crypto ATMs have become a central mechanism in scam operations. Financial Transactions and Reports Analysis Centre of Canada reached a similar conclusion in a February 2023 analysis of suspicious transaction reports, identifying these machines

04-29Industry

NZD/USD weakens to near 0.5850 as markets brace for Fed rate decision

Finance　　NZD/USD weakens to near 0.5850 as markets brace for Fed rate decision　　The NZD/USD pair attracts some sellers to around 0.5865 during the early European session on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision later on Wednesday, with no change in rate expected. Jerome Powells press conference will be closely watched.　　The US central bank is widely expected to maintain interest rates at 3.50%–3.75% at its April policy meeting later on Wednesday. This would mark the third consecutive hold. This policy meeting is likely Chair Jerome Powells final session before a Fed Chair transition to nominee Kevin Warsh.　　Powells press conference after the rate decision might offer some hints about how the Fed may react to the risks ahead. If the US central bank maintains a hawkish tone regarding persistent inflation, this could provide some support to the Greenback and act as a headwind for the pair in the near term.　　US President Donald Trump said Iran asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war. Mediators in Pakistan expect Iran to submit a revised proposal to end

04-29Industry

...

904906

...

1000