Crypto Industry News & Market Trends

EUR/USD rebounds as Fed decision nears and US-Iran tensions cap Dollar downside

The Euro (EUR) trims a part of its intraday losses against the US Dollar (USD) on Tuesday as the Greenback loses momentum, with traders repositioning ahead of the Federal Reserves (Fed) interest rate decision due on Wednesday, while continuing to monitor developments in the Middle East. At the time of writing, EUR/USD is trading around 1.1707, rebounding from an intraday low of 1.1677.　　Meanwhile, the US Dollar Index (DXY), which tracks the Greenbacks value against a basket of six major currencies, is trading around 98.66, easing from a daily high of 98.88, up nearly 0.18% on the day. However, the downside remains limited amid persistent uncertainty surrounding US-Iran tensions and firm US Treasury yields, which continue to underpin the Dollar.　　The Fed is widely expected to keep interest rates unchanged in the 3.50%-3.75% range, with the outcome largely priced in by markets. Instead, the focus will be on forward guidance, as policymakers navigate risks to both sides of their dual mandate. The recent surge in Oil prices is feeding into inflation expectations, a trend increasingly reflected in recent economic data. This has prompted traders to shift toward a higher-for-longer rate outlook, compared with earlier expectations of two rate cuts before the US-Iran

04-29Industry

Bitcoin Price Analysis: What Does the $80K Rejection Mean for BTCs Short-Term Future?

Bitcoin　　Bitcoin Price Analysis: What Does the $80K Rejection Mean for BTCs Short-Term Future？　　44 seconds ago　　Bitcoin Ethereum News　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Bitcoin is trading around $76k as April draws to a close. It is sitting at one of the most technically loaded junctures of its entire corrective phase. After clawing back from the February low near $60k, BTC has quietly rebuilt momentum through the mid-$70ks, and with whale-sized spot accumulation now clustering at

04-29Industry

XRP ETFs on pace for their best month of 2026 in April

The United States Spot XRP exchange-traded funds (ETFs) are on track to record the highest monthly inflow of 2026 in April.　　With less than three days left in April, spot XRP ETFs have attracted $81.63 million since the beginning of the month, according to data from . As such, these funds have increased their net assets to $1.06 billion at press time.　　Spot XRP ETFs monthly chart YTD. Source: SoSoValue　　In January, the spot XRP ETFs reported a total cash inflow of $15.59 million. During the second month of 2026, these funds recorded approximately $58.09 million in net cash inflow. However, investors cashed out $31.16 million from these baskets of securities in March.　　Since April 10, the spot XRP ETFs have not recorded any daily net cash outflows. On April 21 and 27, these funds had a net cash flow of zero. Consequently, these ETFs have registered a net inflow of approximately $80.22 million since April 10, thus accounting for the lion‘s share of this month’s total cash inflow.　　Spot XRP ETFs daily flows chart. Source: SoSoValueXRP price gains on renewed demand from ETF investors　　Following renewed demand for XRP via U.S. spot ETFs in April, the token regained bullish momentum. Over the past 30 days,

04-29Industry

Bitcoin Miners Have Nearly Stopped Sending Coins to Exchanges: Bullish Setup?

Sebastians journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.　　As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastians contributions quickly gained recognition, and he became a trusted voice in the online crypto community.　　To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.　　Sebastians passion for finance and writing is evident

04-29Industry

Galaxy Digital Inc. Cuts Losses to $216M: Yet $10B Revenue Drop Signals Market Slowdown

Alongside financial pressure, Galaxy Digital began generating data center revenue after delivering its first Helios facility to CoreWeave.　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Galaxy Digital Inc. posted a first-quarter 2026 net loss of $216 million. The figure improved from a $295 million loss a year earlier, as weaker cryptocurrency prices continued to pressure its results.　　Revenue for the quarter ended March 31 came in at $10.04 billion, down from $12.98 billion in the same period

04-29Industry

Official Approval for Israeli Shekel Stablecoin BILS

The BILS token is seen being developed in collaboration with Solana, Fireblocks, and EY.　　The stablecoin market has reached a volume exceeding 300 billion dollars in the last 18 months as regulations have clarified; USD-pegged tokens have been the engine of this growth. However, dollar dominance raises concerns about financial sovereignty in markets outside the US; on-chain payments remaining perpetually dependent on the dollar carries risks. As emphasized in Bits of Golds announcement, the Israeli shekel stands out with its resilient structure among developed economies. Supported by the strength of the technology sector and consistent macroeconomic policies, the shekel has gained more than 20% against the dollar in the past year. According to Visual Capitalist data, it has shown the best performance among countries with annual GDP exceeding 250 billion dollars. Actors like Solana, Fireblocks, and EY have kept the technical infrastructure of this initiative solid.　　BILSs Technical Infrastructure on the Solana Network　　BILS joins the ranks of currencies like the euro, yen, and Singapore dollar that are gaining ground in blockchain financial systems. Solana‘s high transaction speed and low fees support BILS’s real-time peg stability. Fireblocks MPC wallet technology combined with EYs independent audit ensures the transparency of reserves. This structure could

04-29Industry

Polymarket Seeks Full CFTC Approval for Its Main Platform: Report

The move would let Polymarkets primary, on-chain prediction market platform operate in the United States, rather than through its current intermediated setup with Polymarket US.　　Polymarket has approached the US Commodity Futures Trading Commission (CFTC) about bringing its main on-chain prediction market to the United States, Bloomberg reported today, citing people familiar with the matter.　　The reported move would mark a notable shift in the platforms push to operate fully within U.S. regulatory bounds. As The Defiant has reported, Polymarket today runs two separate platforms. The main, international on-chain exchange offers predictions on a wide range of event contracts and settles trades on Polygon using its own stable token, backed by USDC; Polymarket US is a more recently launched, separate platform, which provides U.S. users with access through licensed intermediaries, rather than interacting directly with the on-chain protocol.　　The U.S. arm was built on the back of Polymarkets $112 million acquisition of CFTC-licensed derivatives exchange QCEX, and officially began its rollout in December 2025 after Polymarket had been barred from operating in the U.S. since 2022.　　Getting CFTC approval for the main exchange to operate in the U.S. would let users there trade directly on-chain, putting Polymarket‘s on-chain infrastructure under full federal supervision. Whether

04-29Industry

Polymarket Seeks Full CFTC Approval for Its Main Platform: Report

The move would let Polymarkets primary, on-chain prediction market platform operate in the United States, rather than through its current intermediated setup with Polymarket US.　　Polymarket has approached the US Commodity Futures Trading Commission (CFTC) about bringing its main on-chain prediction market to the United States, Bloomberg reported today, citing people familiar with the matter.　　The reported move would mark a notable shift in the platforms push to operate fully within U.S. regulatory bounds. As The Defiant has reported, Polymarket today runs two separate platforms. The main, international on-chain exchange offers predictions on a wide range of event contracts and settles trades on Polygon using its own stable token, backed by USDC; Polymarket US is a more recently launched, separate platform, which provides U.S. users with access through licensed intermediaries, rather than interacting directly with the on-chain protocol.　　The U.S. arm was built on the back of Polymarkets $112 million acquisition of CFTC-licensed derivatives exchange QCEX, and officially began its rollout in December 2025 after Polymarket had been barred from operating in the U.S. since 2022.　　Getting CFTC approval for the main exchange to operate in the U.S. would let users there trade directly on-chain, putting Polymarket‘s on-chain infrastructure under full federal supervision. Whether

04-29Industry

AML Crackdown Overtakes SEC Securities Cases as Top Crypto Risk, CertiK Finds

Anti-money laundering (AML) enforcement has overtaken securities classification as the top regulatory risk for digital asset firms, according to CertiKs Skynet State of Digital Asset Regulations Report published Tuesday.　　AML-related fines exceeded $900 million in the first half of 2025, the report found, while U.S. SEC crypto penalties fell 97% year-over-year as the US DOJ and FinCEN absorbed the agenda.　　Enforcement Shifts From Classification to AML Pressure　　Two settlements anchor the trend. OKX paid $504 million to U.S. authorities in February 2025 after pleading guilty to running an unlicensed money transmitting business, with prosecutors citing more than $5 billion in suspicious flows.　　KuCoin followed in January with a $297 million resolution covering similar Bank Secrecy Act failures. Its co-founders agreed to step down, and the exchange exited the U.S. market for at least two years.　　European regulators applied parallel pressure. AML-related fines across the bloc surged 767% in the same period, while SEC monetary penalties against digital-asset firms collapsed to roughly $142 million.　　Compliance Costs Rise as Frameworks Mature　　The report frames 2025 as the year regulators moved past debates over which tokens qualify as securities. Smart contract audits are now effectively mandatory for licensing in Hong Kong, the United Arab Emirates, the European Union, and New

04-29Industry

Galaxy Digital Inc. Cuts Losses to $216M: Yet $10B Revenue Drop Signals Market Slowdown

Alongside financial pressure, Galaxy Digital began generating data center revenue after delivering its first Helios facility to CoreWeave.　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Galaxy Digital Inc. posted a first-quarter 2026 net loss of $216 million. The figure improved from a $295 million loss a year earlier, as weaker cryptocurrency prices continued to pressure its results.　　Revenue for the quarter ended March 31 came in at $10.04 billion, down from $12.98 billion in the same period

04-29Industry