Crypto Industry News & Market Trends

Kevin Warsh Approaches Fed Chairmanship: Crypto Impact

Kevin Warsh defending his candidacy at the Senate Banking Committee.　　The investigation had focused on allegations of cost overruns in the $2.5 billion renovation of the Fed‘s headquarters in Washington. During the candidacy process, Warsh disclosed holdings in dozens of companies, including crypto ventures like DYDX detailed analysis, Polymarket, Polychain Capital, Dapper Labs, Solana, and Optimism. In the Senate hearing, he argued that digital assets have become an integral part of the US financial sector and rejected the Fed issuing a central bank digital currency as bad policy. The 56-year-old Warsh served as a Fed governor from 2006-2011 and was a special assistant for economic policy in the White House; he is a professor at Stanford. Democratic Senator Elizabeth Warren criticized him as Trump’s “puppet” and expressed concern about the misuse of Fed powers. Warsh described the Feds expansion during the pandemic as the “biggest policy mistake of 40-50 years,” while Powell characterized criticisms of his chairmanship as a natural result of Fed independence.　　Warshs dYdX and Crypto Connections Excite the Sector　　Warshs investments in projects like DYDX futures are filling the crypto community with hope. His confirmation could bring a more friendly approach to digital assets in Fed policies.　　dYdX Price on the

04-29Industry

Manchester United’s Post-Fergie Cycle Rolls On

Manchester United have been in a persistent cycle of unfulfilled promise since the departure of Sir Alex Ferguson, leaving fans questioning if true greatness will ever return to Old Trafford.　　There have been six permanent and four caretaker managers at Old Trafford since the Scot departed in 2013, and while some trophies have been won, the Red Devils have never been close to recapturing the greatness they possessed under his leadership.　　Most enjoyed promising honeymoon periods that ultimately faded.　　On five occasions that bosses have been sacked midway through the season, the man United have turned to has been an ex-player who thrived under Fergusons guidance.　　And while Ryan Giggs and Ruud Van Nistelrooy did little to suggest they could take the mantle on full-time, Ole Gunnar Solskjær impressed so much he was given the job.　　History appears to be repeating itself in 2026, with Michael Carrick having strung together a series of impressive results since taking over from Ruben Amorim.　　Carrick, who is in his second stint as caretaker manager, also has the same lack of managerial pedigree as Solskjær – with only an unimpressive spell at Championship side Middlesbrough on his CV.　　So it may not be surprising that, when asked about comparisons to the

04-29Industry

Report: Polymarket Targets Full US Return as CFTC Talks Advance – Bitcoin News

Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S. users.A full U.S. return could pit Polymarket directly against Kalshi, deepening competition in a sector processing billions monthly.CFTC Chair Michael Selig holds the lone commissioner seat, meaning approval may hinge on a single vote.　　Polymarket Asks CFTC to Unlock Main Exchange for American Traders　　According to people familiar with the matter speaking with Bloomberg, Polymarket held discussions with CFTC officials in recent weeks about lifting the prohibition tied to a 2022 enforcement action. The company, which operates its main exchange offshore, wants to bring that platform back to U.S. users directly rather than routing them through its regulated domestic vehicle.　　The CFTC charged Polymarket, then operating as Blockratize Inc., four years ago with offering unregistered event contracts to U.S. persons without the required regulatory designations. The company settled by paying a $1.4 million civil monetary penalty and agreeing to block American traders from its international platform.　　Polymarket did not sit still after that settlement. In July 2025, the company acquired QCX LLC, a CFTC-registered derivatives exchange and clearinghouse, for approximately $112 million. QCX was rebranded as Polymarket US and gave American traders a

04-29Industry

Solana Bearish Outlook Persists Unless $120 Is Reclaimed

Solana faces renewed downside pressure as analysts point to weakening structure and rising bearish risks. The asset trades near $83 after losing momentum from higher levels. Price action now reflects hesitation from buyers and increasing control from sellers.　　Moreover, repeated failures near resistance zones continue to limit bullish recovery attempts. Consequently, market participants are watching key levels closely as volatility builds. The current structure suggests that a decisive move could define Solanas next major trend direction.　　Bearish Structure Builds Below Resistance　　Crypto Tony, recent analysis highlights a fragile short-term structure, with Solana struggling below the $85–$88 resistance range. Lower highs continue to form, which signals fading bullish strength.　　Additionally, rejection near $90 reinforced the presence of strong selling pressure. Price now hovers just above the critical $80 support level. A breakdown below this zone could accelerate losses toward $75 and possibly $70.　　Besides, market behavior suggests that bulls have delayed their response at crucial levels. This hesitation increases the likelihood of sharper downside expansion.　　Momentum indicators also align with a continuation of the bearish phase. Unless buyers reclaim $88 quickly, the path of least resistance remains downward.　　Key Retest Zone Defines Trend Direction　　Mister Crypto shifts attention to a broader technical structure on higher timeframes. He identifies a

04-29Industry

HOOD Stock Topples After Robinhood Earnings Reveals 47% Decrease in Crypto Revenue

Robinhood (HOOD) Stock Performance. Source: TradingViewPrediction Markets and Tokenization Cushion the Slide　　Chairman and CEO Vlad Tenev pointed to the firms expanding role across customer finances in a statement.　　“Robinhood is increasingly positioned at the center of our customers financial lives,” he stated in the broadcast.　　Wagers routed through Kalshi-powered prediction markets logged record volumes, supported by a one-cent transaction fee.　　Robinhood also launched the public testnet for Robinhood Chain, an Ethereum (ETH) layer-2 network built around tokenized assets.　　Total platform assets stood at $307 billion, down from $324 billion at the end of last year but 39% higher year-over-year.　　The European tokenized stocks product, which offers exposure to private companies including OpenAI and SpaceX, has processed more than 100 million transactions since launch.　　The after-hours sell-off pushed HOOD to roughly $82, well off the October peak. The path forward depends on whether prediction markets and tokenization can offset the cooling in digital asset trading.　　The post HOOD Stock Topples After Robinhood Earnings Reveals 47% Decrease in Crypto Revenue appeared first on BeInCrypto.

04-29Industry

One Matrixport whale now rides $132M in ETH leverage into resistance

A Matrixport‑linked whale has opened a fresh 30,000 ETH long at 15x, lifting total leveraged exposure to 58,000 ETH (~$132M) after banking over $59M on prior longs.Onchain Lens data shows a Matrixport‑associated whale opened a new 30,000 ETH long position at 15x leverage worth about 68 million dollars, bringing total exposure across three wallets to 58,000 ETH with 15x–20x leverage.The same entity previously closed 120,000 ETH and 1,500 BTC longs for more than 59 million dollars in profit, fully exiting in mid‑April before re‑entering with a 44,000 ETH, then 30,000 ETH, stack as ETH trades near 2,287 dollars.At 15x–20x leverage, a 5–7% drawdown risks liquidation, making this one of the most aggressive single‑whale ETH bets in weeks and a bellwether for leveraged sentiment around upcoming Ethereum upgrades.　　A cryptocurrency whale associated with Matrixport opened a fresh 30,000 ETH long position with 15x leverage in the past hour, valued at approximately $68 million, according to onchain analytics platform Onchain Lens. The aggressive bet extends the traders total exposure to 58,000 ETH across three distinct wallet addresses, with combined position value reaching $131.82 million and leverage ranging from 15x to 20x.　　This Matrixport-linked whale previously banked over $59 million in profits after closing 120,000

04-29Ethereum

Rumors swirl over Mojtaba Khameneis death, Iran leadership change uncertain

A Mashhad memorial video allegedly lists Mojtaba Khamenei among the dead, triggering rumors about his potential death. Iran leadership change by December 31 sits at 39.5% YES.　　Market reaction　　The leadership market moved on the news. December 31 odds are at 39.5% YES, down from 42% a day ago. The April 30 market dropped to 1.4% YES with only two days left. May 31 ticked up to 14.5% YES. The largest gap remains between May 31 and December 31, which means traders expect any real change to come later this year.　　In the Reza Pahlavi market, odds for his entry into Iran by June 30 are at 6.5% YES, up from 6% yesterday. December 31 odds hold at 13.5% YES. The small rise tracks the increased volatility and perceived instability that might open a path for his return.　　Why it matters　　Total volume across leadership change markets is $17,697 in USDC. The order book shows it takes $50,406 to move the December 31 market 5 percentage points, a sign of cautious positioning. The single largest price move in the past 24 hours was a 48-point spike on April 30, likely reactive trading to the unconfirmed news.　　The rumors are unconfirmed, but Mojtaba Khamenei is widely considered

04-29Industry

XRP Price Target At $18,000: Expert Says—Only One Condition Must Be Met

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.　　Ronaldos journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.　　Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.　　One of Ronaldos defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.　　Ronaldo‘s commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others,

04-29Industry

UnitedHealth (UNH) Stock Surges on Stellar Q1 Earnings and Improved Margins

UnitedHealth Group Incorporated, UNH　　The upward momentum follows a robust first-quarter 2026 earnings release that exceeded expectations across key metrics. The company delivered adjusted earnings per share of $7.23, crushing the Streets $6.59 estimate — representing a substantial 9.7% upside surprise. Total revenues reached $111.7 billion, surpassing the $109.44 billion consensus projection.　　Management also elevated its full-year 2026 adjusted earnings guidance, now projecting results above $18.25 per share compared to the previous forecast of above $17.75.　　Margin Efficiency Impresses the Street　　Beyond the headline earnings figures, one metric particularly captured analyst attention. UNHs medical benefit ratio — representing the proportion of premium revenue allocated to medical claims — registered at 83.9% during the quarter. The Street had anticipated 85.5%. This lower-than-expected ratio indicates improved efficiency, with the insurer retaining more premium dollars after covering claims.　　This marks an improvement from the 84.8% ratio recorded in the comparable year-ago period, demonstrating sustained operational progress.　　Chief Executive Stephen Hemsley emphasized the organization is “continuing to help simplify and modernize health care,” highlighting commitments to value creation, affordability enhancements, and greater transparency.　　Analyst reactions were swift and positive. JPMorgan elevated its price objective on UNH to $420 from the previous $389. Erste Group upgraded shares to Buy from Hold. Leerink

04-29Industry

XRP Volume Jumps 7x on Bitrue, Hinting at Breakout

XRP Surges as Volume Explodes 7x — Is a Breakout Brewing？　　A sudden surge in trading activity is turning heads across the crypto market, and this time it‘s all about XRP. According to crypto exchange Bitrue, on its platform skyrocketed sevenfold in just one day, a sharp, decisive move that’s hard to ignore.　　What makes this spike even more interesting isnt just the volume, but the behavior behind it. Buy orders surged while sell pressure eased, signaling a shift in sentiment. In simple terms, more traders are choosing to accumulate XRP rather than offload it.　　This kind of imbalance often hints at growing confidence, and in markets like crypto, confidence can be the spark that ignites a breakout.　　So what‘s driving this renewed appetite？ For many XRP holders, 2026 is shaping up to be more than just another year, it’s being framed as a potential turning point for real-world adoption.　　After years of speculation and legal uncertainty, the narrative is evolving. Clearer regulatory frameworks are beginning to take shape globally, removing a major overhang that once held institutional players back.　　XRPs Momentum Builds as Adoption, Utility, and Capital Inflows Rise　　Ripple Labs continues to build. Its roadmap includes developments like the XRPL Lending Protocol (XLS-66), designed to

04-29Industry

...

936938

...

1000