Jack Dorsey’s Block Introduces Bitcoin Proof-of-Reserves

Jack Dorsey‘s Block has launched a Bitcoin proof-of-reserves (PoR) feature, allowing investors and users of its flagship products, Cash App and Square, to independently verify the firm’s Bitcoin holdings. The announcement was made on April 28, alongside other Bitcoin-focused updates, as part of the companys ongoing push to enhance transparency and consumer trust.  Block‘s corporate Bitcoin treasury currently holds 8,883 BTC, valued at approximately $681.4 million based on Bitcoin’s price of $77,839.68 on launch day. These holdings place Block as the 14th-largest corporate Bitcoin owner globally, according to BitcoinTreasuries.net. Users can confirm reserves on-chain through cryptographic signatures, ensuring that the assets are actively controlled rather than merely observed.  “People shouldnt have to trust that their Bitcoin is there—they should be able to verify it,” Block noted in its announcement, emphasizing its commitment to transparency. This marks a significant move in an industry shaken by the collapse of FTX in November 2022, where mismanagement of customer funds led to losses in the billions. Since then, proof-of-reserves has gained traction as a standard for reassuring customers that their assets are fully backed and secure.  In addition to PoR, Block also introduced a Bitkey hardware wallet with a touchscreen and new Cash App features, such as

04-29Industry

Bitcoin Falls Below 77K Before Fed: ETF Outflows

Before the first Fed meeting, Bitcoin pulled back below 77,000 dollars on Tuesday. US spot Bitcoin ETFs recorded a net outflow of 263.2 million dollars on April 27, ending a nine-day inflow streak. This development cast a cautious shadow over the resistance of the April rally. Before market open, BTC was trading at 76.555 dollars, and despite the daily loss, it has risen 15 percent since the beginning of the month. BTC, with a current price of 75.894,85 dollars, fell %-2,55 in the last 24 hours.  Why Did Bitcoin Fall Before the Fed Meeting?  The ETF momentum cut occurred at a critical time; as a busy macro week filled with Fed inflation data, GDP figures, major corporate earnings, and European-Asian central bank decisions is on the horizon. According to Glassnode data, spot cumulative volume delta increased by 199.1 percent, while spot volume declined by 13.8 percent; this balanced strong buying pressure with a consolidation devoid of speculative frenzy. RSI shows a horizontal trend at the 55 level, while Supertrend gives a bearish signal. EMA 20 provides support at 75.393 dollars.  Critical Support and Resistance Levels for BTCSupport S1: 72.809,62$ (Score: 80/100 ⭐ Strong) – Ichimoku Kijun, Fibo 0.382Support S2: 74.832,04$ (Score: 66/100 ⭐

04-29Industry

How To Watch ‘Michael Jackson’s This Is It’ On Streaming After Seeing ‘Michael’ In Theaters

, a music documentary that gives a behind-the-scenes look at the King of Pop preparing for a London concert residency before his death in 2009, is available to stream on several different digital platforms.  , starring Jaafar Jackson — the nephew of the music legend and son of Jermaine Jackson — stars as the adult version of Jackson in the film as he navigates a fraught relationship with his father, Joseph Jackson (Colman Domingo), on his way to becoming a superstar solo artist with the release of the multiplatinum albums , and .  The film also stars Juliano Valde as Michael Jackson at age 10, as he and his brothers in The Jackson 5 begin their rise to fame before following the life and career of the pop music icon through 1988.  Despite being widely panned by critics for being more of a “Greatest Hits” compilation instead of delving into the singers complicated legacy, was a blockbuster hit out of the gate at the box office April 24-26, earning more than $97 million from North American theaters and $120 million internationally for an opening weekend tally of $217 million worldwide.  Since it‘s a documentary, is much different than in that it offers a rare,

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Charles Hoskinson Says Ripple Will Keep Selling XRP And Walk Away With The Money

The post Charles Hoskinson Says Ripple Will Keep Selling XRP And Walk Away With The Money appeared first on Coinpedia Fintech News  Cardano founder Charles Hoskinson has taken a swipe at Ripple, saying the company has no intention of linking its business model to XRP token buybacks and that holders should not expect to share in the wealth the firm is building.  Speaking in a conversation, Hoskinson said Ripples approach has been consistent for over a decade. The company sells XRP, generates billions of dollars and uses those funds to acquire hard assets through a corporate structure that XRP holders have no ownership of. Token holders, he said, do not get access to the prime brokerage business or any of the other valuable pieces Ripple is building with the proceeds.  What He Thinks Ripple Should Do  Hoskinson acknowledged there is a path Ripple could take that would make XRP genuinely attractive. If the company committed 20 to 30% of its revenue to XRP buybacks, he said, it would fundamentally change the tokens value proposition. He pointed to Hyperliquid as an example of how buyback programmes work in practice, noting that the project climbed from outside the top 30 into the top 10 by market

04-29Industry

Anthropic Hits $1 Trillion Valuation, Overtakes OpenAI in AI Race

Anthropic has surged past OpenAI in the private market valuation race, with its implied worth crossing $1 trillion in recent secondary trades. The jump marks a dramatic shift in the artificial intelligence sector, where OpenAI had long held the top position.  Private trading platforms such as Forge Global and decentralized exchanges like Jupiter have reflected strong demand for Anthropic shares. Investors have pushed valuations far beyond the companys $380 billion funding round just three months earlier. What changed so quickly? The answer lies in demand. Buyers are actively competing for limited shares, which has driven prices sharply higher.  At the same time, OpenAIs valuation has settled around $880 billion in similar markets. That still places it among the most valuable private companies globally. Yet the gap highlights a clear momentum shift.  What Is Driving Anthropics Rapid Surge?  is linked closely to its revenue acceleration and enterprise focus. The companys annualized revenue reportedly climbed from about $9 billion in late 2025 to nearly $39 billion by March 2026. That pace has caught investor attention.  Its Claude models, especially tools like Claude Code, have gained traction among developers and businesses. These tools target enterprise clients that demand reliability and scalability. Why does that matter? Enterprise contracts often

04-29Industry

Huge 400x Opportunity: BlockDAG’s Casino Launch on May 7th Has Crypto Investors Ditching Solana and Stellar

Recent crypto sessions feel uneven as traders weigh momentum against profit-taking across large caps like Solana and mid-cap names such as Stellar. Solana crypto price holds near $86 after a small daily dip, while XLM Stellar price continues to struggle under resistance and tight moving average levels.BlockDAG stands out as attention shifts toward early-stage assets, offering entry at $0.000000597 with a 400x potential. Also, BlockDAG (BDAG) Batch 4 claims are live, drawing strong participation from buyers.  The project already operates on 13 exchanges, and Tier-1 exchanges are in the final stages of integration. Its live mainnet has produced millions of blocks and processed hundreds of thousands of transactions, with over $1 billion in on-chain value.  Solana Crypto Price Shows Mixed Signals Amid Growth  Solana is trading at $86.02 after a 2.28% daily decline, with the Solana crypto price showing mixed momentum amid strong fundamentals and selling pressure. Network activity remains strong as Solana crypto price reflects over $1 trillion in Q1 on-chain volume, 25.3 billion transactions, 4,100 new developers, and major ETF inflows exceeding $1 billion with growing institutional participation.  Technical indicators show SOL above short-term moving averages but below the 200-day trend, while Solana crypto price holds a key support near $83.70 with

04-29Industry

ADA Technical Analysis Apr 28

In ADA, 24-hour volume remains low at the 220 million dollar level, and despite the downtrend, selling pressure appears weak. This situation indicates limited market participation and potential accumulation signals.  Volume Profile and Market Participation  ADA‘s current volume profile is trading below average with a trading volume of 220.29 million dollars in the last 24 hours. While the average volume over the past week is around 350 million dollars, today’s level is 37% lower. This low volume indicates weak market participation; especially in the downtrend, the volume remaining low despite a 0.81% price drop signals that the broader masses are not joining the selling. In volume profile analysis, the price forms a volume node at the Value Area High (VAH) level around $0.25, suggesting that institutional players are defending this region. From a market sentiment perspective, the impression is that retail investors are on the sidelines while professional participants are quietly accumulating positions. Although Supertrend gives a bearish signal ($0.28 resistance), this calm in volume could prepare the ground for a trend change. The price positioning below EMA20 is short-term bearish, but the sustainability of this decline is questionable without volume participation.  Accumulation or Distribution?Accumulation Signals  Accumulation signals are clear: Volume significantly decreases during

04-29Industry

XRP Ledger Hits New RWA Milestone, But Will This Have Any Impact On The Price?

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scotts dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.  Scott‘s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.  With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion

04-29Industry

Dogecoin Futures Jump 33% as Open Interest Outpaces Price

Over the same week, Dogecoin price advanced about 3% despite rising futures activity. In the last 24 hours, the token slipped 0.23% on major exchanges. This gap between leverage growth and price movement raised fresh questions about positioning.  Maartun stated that rising open interest without a breakout signals aggressive positioning. He said, “Traders are building positions on both sides of the market.” His comment reflected the current balance between long and short exposure.  The data indicated that leveraged contracts expanded faster than the underlying asset price. As a result, traders increased risk exposure within a compressed price range. The trend showed higher participation without matching upside momentum.  Market Signals Point to Tension in Dogecoin Futures Structure  Analysts explained that such divergence can heighten market sensitivity. They noted that rising open interest often precedes stronger volatility. However, Dogecoin has not confirmed a decisive upward trend yet.  Market participants observed steady futures inflows across exchanges tracking Dogecoin. Meanwhile, funding rates remained mixed as traders adjusted their bias. These signals reflected ongoing competition between buyers and sellers.  One analyst said the structure could trigger sharp moves if positions unwind quickly. He stated, “When leverage builds faster than price, liquidation risk increases.” His remark underlined the potential for sudden reactions.  Despite

04-29Industry

Litecoin Postmortem: MWEB Bug Let Attacker Fake 85,034 LTC Pegout Before Devs Froze Funds

A Litecoin MWEB validation bug let an attacker inflate and peg out 85,034 in March 2026, but the actor returned the funds for an 850 bounty.An April 2026 exploit attempt triggered a 13-block chain reorg, causing NEAR Intents to lose 11,000 swapped for 7.78 .Litecoin Core v0.21.5.4 patches both the bug and the mining stall that enabled the April reorg.  Litecoin Developers Release Postmortem After MWEB Bug Causes Chain Reorg  The postmortem identified the root cause as a missing metadata check during block connection. When an MWEB input spends a previous output, the metadata it carries must match the actual being consumed. That check existed in the mempool and block-building paths, but developers confirmed it was not fully enforced at the block connection stage.  Developers discovered the vulnerability through internal review on March 19. A chain scan showed exploitation had already occurred at block 3,073,882. The attacker used a malicious MWEB input whose real value was no more than 1.2084693 to support a pegout of 85,034.47285734 .  Developers said they coordinated privately with major mining pools to contain the inflated outputs before public disclosure. An emergency release, Litecoin Core 0.21.5, was pushed to miners to block new malformed inputs. A follow-up release, 0.21.5.1, added

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