Crypto Industry News & Market Trends

Tether Revolutionizes with Modular BTC Mining

Bitcoin　　Tether Revolutionizes with Modular BTC Mining　　Tether, the company known as the owner of USDT, the worlds largest stablecoin, has taken action for modular systems that will transform Bitcoin mining. Partnering with Canaan Inc. and ACME Swisstech, the firm is making computing units independent from power supply and cooling infrastructure. Operators can now replace individual components without discarding entire mining machines, optimizing each element separately.　　Tethers Transition from USDT to Modular BTC Mining　　Canaans hardware expertise, listed on Nasdaq, and ACMEs industrial design strengthen this structure. CEO Paolo Ardoino states that they aim to escape the cost burden created by closed units. Traditional mining equipment makes scaling difficult due to their fixed structures and inflates operating expenses.　　The Technical Power of the Canaan and ACME Swisstech Partnership　　Jack Dorsey‘s Block is also evolving in the same direction with similar modular units called Proto Rig last year. Executives like ACME Swisstech Chairman Giv Zanganeh and Ardoino emphasize that they are moving away from plug-and-play products at industrial scale and adopting a holistic approach. Canaan’s ASIC chips and production line add technical depth to the project. Tether had previously entered this field with open-source Mining OS and the Mining SDK released to the market on Monday. No

04-29Industry

Panama Canal sees transit growth amid Middle East tensions, Iran threat persists

Tech　　Panama Canal sees transit growth amid Middle East tensions, Iran threat persists　　The Panama Canal Authority expects transit growth to continue as Middle East issues remain unresolved. The market for Iran successfully targeting ships by April 30 is at 87.5% YES, up from 70% a day ago.　　The blockade of the Strait of Hormuz has diverted shipping routes through the Panama Canal as tensions in the Middle East persist. The odds of Iran targeting ships have risen sharply alongside these diversions. The market for fewer than 2 ships being targeted by April 30 is priced at 87.5%, up from 32% a week ago.　　With two days until resolution, activity has spiked. Daily volume is $579 in USDC. It takes just $221 to move the odds five points, meaning the market is thin enough that a single large trade can shift pricing significantly. The largest single move was a 24-point drop at 11:40 AM.　　The Strait of Hormuz is the chokepoint for roughly a fifth of global oil transit, and Iranian naval threats there have direct consequences for shipping costs and route planning. The odds reflect a high likelihood of Iranian action, but traders should weigh whether these tensions will produce concrete maritime incidents before

04-29Industry

Chainlink Price Prediction: Link Sees Biggest 2026 Exchange Outflow as Price Holds Near $9.25

Tech　　Chainlink Price Prediction: Link Sees Biggest 2026 Exchange Outflow as Price Holds Near $9.25　　It came as almost one million LINK flowed out of exchanges, implying that holders may be moving tokens out of exchanges despite the soft price.　　On April 28, Chainlink returned to the spotlight with on-chain data showing a big outflow of tokens from exchanges.　　The market reaction was muted. LINK has traded between $9.20 and $9.23 over the last 24 hours (down 0.93%), with price action held within a narrow range. That left traders with two messages: a strong outflow and a market that hasnt yet started a stronger uptrend.　　A big Outflow Sets The Tone　　A tweet from KoinSaati, quoting Santiment, claimed that Chainlinks highest daily net exchange outflow was in 2026. It said 970,430 LINK ($8.95 million) was taken off exchanges over one day.　　Notably, the X chart net outflows are high, which means LINK holders are withdrawing their tokens from the exchanges and storing them in their own wallets or elsewhere, rather than holding them for sale.　　But the price did not react with a breakout. Instead, LINK continued to trade in the lower half of its recent price range, demonstrating that the market is still waiting for more buy-in.　　Price

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PUMP Rises Over 6% as Pump.fun Executes $370 Million Token Burn

The burn removed about 36% of the circulating supply across two on-chain transactions, according to the platform.　　Why the Burn Marks a Shift for Pump.fun　　In a post on X, Pump.fun framed the move as a “gesture of trust for the community.”　　“Over the past ~9 months, despite being one of the biggest revenue-generating platforms in crypto and allocating 100% of revenue to buybacks, we believe there was a lack of trust in the longevity of the business, the certainty of buybacks, and what the bought-back tokens would be used for. Today, uncertainty is being addressed head-on by taking a community-first approach,” the post read.　　today is a turning point for $PUMP and pump fun　　I want to give more context on the bigger picture and where were actually going.　　over the past ~9 months, 100% of revenue went into buybacks. basically no other platform in crypto has done that at this scale.　　however, we… https://t.co/3WTAHH1fUX　　— alon (@a1lon9) April 28, 2026　　In addition to the burn, the team also announced the launch of a structured buyback and burn program. Under the model, 50% of revenue generated from core products, including the bonding curve, PumpSwap, and its terminal, will route through intermediary wallets.　　Those funds will then consolidate into 1

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New BNB 2x Leveraged ETF XBNB Begins Trading on NYSE Arca

Tech　　New BNB 2x Leveraged ETF XBNB Begins Trading on NYSE ArcaXBNB offers 2x daily exposure to through a regulated ETF structure.Teucrium is expanding its leveraged ETF lineup after strong XXRP demand., , and daily resets can increase losses, even in flat markets.　　XBNB Debut Expands Leveraged Trading Access　　A new BNB-linked leveraged exchange-traded product (ETP) entered U.S. markets on April 28, 2026, as Teucrium and xETFs launched the Teucrium xETFs 2x Long Daily ETF. The fund, trading under ticker XBNB, is designed to amplify daily price movements of . Its debut reflects rising demand for short-term, high-risk trading tools within regulated exchange-traded structures.　　XBNB is an actively managed ETF that seeks to deliver two times the daily performance of before fees and expenses. Noting that the “fund is first U.S.-listed ETP to provide exposure to the price movements of , one of the worlds largest by market capitalization,” the announcement states:　　“The fund began trading on the NYSE Arca today, April 28, 2026.”　　The product targets traders seeking tactical exposure rather than long-term investment. “With its daily 2x objective, XBNB is tailored for investors who understand the risks and potential rewards associated with leveraged products and are looking to enhance their exposure to s price

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EUR/USD Price Forecast: Likely find direction after Fed’s policy announcement

EUR/USD trades flat at around 1.1700 as of writing. The pair reflects a sideways trend as it remains sticky to the 20-day exponential moving average (EMA), which is at 1.1698, but stays above the 38.2% Fibonacci retracement at 1.1666.　　The Relative Strength Index (RSI) shifts into the 40.00-60.00 zone after failing to sustain above 60.00 for longer, which indicates loss of upside momentum, but the upside bias remains intact.　　On the topside, immediate resistance emerges at the 50.0% Fibonacci retracement near 1.1745, followed by the 61.8% retracement around 1.1825, with further hurdles at 1.1938 and the cycle high near 1.2082. Looking down, the 38.2% retracement at 1.1666 is the initial support; a break below that area would expose deeper supports at the 23.6% level near 1.1567 and the structural floor around 1.1408.

04-29Industry

Strategy Overtakes BlackRock as Top Bitcoin Holder, Crypto News Today Points to $80K as Pepeto Hits $9.6M

Bitcoin Crypto　　Strategy Overtakes BlackRock as Top Bitcoin Holder, Crypto News Today Points to $80K as Pepeto Hits $9.6M　　The biggest ownership shift in Bitcoin history just landed in the crypto news today. Strategy, the firm once known as MicroStrategy, added 34,164 BTC for $2.54 billion on April 20 and now holds 818,334 coins, overtaking BlackRock‘s iShares Bitcoin Trust as the single largest Bitcoin holder on the planet, per 24/7 Wall St.. That buy brings the company’s total cost to $61.56 billion at an average of $75,527 per coin.　　When a single company absorbs 4% of Bitcoins supply, the money that follows searches for entries where the full run has not hit the price yet. Pepeto sits at the front of that search in the crypto news today, with the presale past $9.6 million and the exchange listing getting closer by the day.　　Crypto News Today: Strategy Buys Past BlackRock to Claim the Largest BTC Stack on Earth　　24/7 Wall St. reported that Strategy now controls about 4% of all Bitcoin ever mined after adding 34,164 BTC in one round. BlackRocks IBIT held 806,700 coins heading into the week, and Strategy cleared that number with room to spare.　　Bitcoin (BTC) trades at $76,942 per CoinMarketCap, down

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New BNB 2x Leveraged ETF XBNB Begins Trading on NYSE Arca

Tech　　New BNB 2x Leveraged ETF XBNB Begins Trading on NYSE ArcaXBNB offers 2x daily exposure to through a regulated ETF structure.Teucrium is expanding its leveraged ETF lineup after strong XXRP demand., , and daily resets can increase losses, even in flat markets.　　XBNB Debut Expands Leveraged Trading Access　　A new BNB-linked leveraged exchange-traded product (ETP) entered U.S. markets on April 28, 2026, as Teucrium and xETFs launched the Teucrium xETFs 2x Long Daily ETF. The fund, trading under ticker XBNB, is designed to amplify daily price movements of . Its debut reflects rising demand for short-term, high-risk trading tools within regulated exchange-traded structures.　　XBNB is an actively managed ETF that seeks to deliver two times the daily performance of before fees and expenses. Noting that the “fund is first U.S.-listed ETP to provide exposure to the price movements of , one of the worlds largest by market capitalization,” the announcement states:　　“The fund began trading on the NYSE Arca today, April 28, 2026.”　　The product targets traders seeking tactical exposure rather than long-term investment. “With its daily 2x objective, XBNB is tailored for investors who understand the risks and potential rewards associated with leveraged products and are looking to enhance their exposure to s price

04-29Industry

AAVE-Led DeFi United Cleans Up Kelp Hack

Tech　　AAVE-Led DeFi United Cleans Up Kelp Hack　　A rare example of solidarity is being witnessed in the DeFi sector: The DeFi United coalition led by Aave has activated a comprehensive technical plan to clear the bad debts remaining from the Kelp DAO hack and re-establish the collateral behind rsETH tokens. The 116.500 rsETH stolen in the North Korean hackers‘ attack on April 18 represented 18% of the circulating supply, and these tokens were used as worthless collateral in AAVE detailed analysis and Compound protocols. The coalition plans to convert the committed ETH into rsETH in controlled stages to liquidate the hackers’ positions, followed by liquidations via governance-controlled oracle price adjustments. Under the plan, approximately 13.000 ETH from Aaves Ethereum and Arbitrum markets and 16.776 ETH from Compound are targeted for recovery.　　Kelp DAO Hack Details and Coalition Support　　The attackers had borrowed 82.650 WETH and 821 wstETH by posting 89.567 unsupported rsETH as collateral; this move put the protocols at serious risk. While the Arbitrum Security Council has already frozen 71,5 million dollars tracked to hacker addresses, the coalition has reached a total commitment of 303 million dollars in capital and credit as of Monday. Consensys and Joseph Lubin pledged support up to

04-29Industry

LINK Price Prediction: $15.50 Target Within Weeks Despite Smart Money Selling Pressure

Market Context: Why LINK is Moving Now　　Chainlink sits trapped in a technical no-mans land, trading exactly at its 20-day moving average while institutional analysts paint wildly different pictures. The oracle token has shed 22% from its 200-day average at $11.91, creating what multiple analysts view as a compelling accumulation zone. Yet the immediate price action tells a different story – LINK is grinding sideways with momentum flatlining.　　The derivatives market reveals the underlying tension. Open interest surged 3.72% in 24 hours to $88.2 million, signaling increased positioning ahead of what traders expect to be a decisive move. However, the taker buy/sell ratio of 0.88 shows aggressive sellers are currently dominating, creating immediate headwinds for any rally attempt.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full LINK price, calculator & analysis　　Indicator Alignment　　The technicals present a mixed but increasingly bearish short-term setup. With RSI sitting at 51.15, momentum has stalled in neutral territory – neither oversold enough for a bounce nor overbought enough to signal rejection. More concerning is the MACD histogram flatlining at zero, indicating momentum has completely dried up after recent selling pressure.　　LINKs position at 0.50 within the Bollinger Bands suggests the

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