Crypto Industry News & Market Trends

Equities: Rally remains selective and regionally split – Danske Bank

Finance　　Equities: Rally remains selective and regionally split – Danske Bank　　Danske Research Team reports that equities continue to grind higher, led by US and tech names, while cyclicals outperform and consumer staples lag. The rally is highly selective across sectors and regions, with US markets outperforming Europe. They expect this pattern to persist as geopolitical, macro and earnings factors all point in the same direction.　　Growth tech leads, defensives lag　　“Equities moved higher again yesterday, and again led by the US and tech, in what was a bit of waiting game before a storm of central bank meetings this week, earnings reports and macro data as we move further in. Cyclicals outperformed again, though not the deep cyclicals. ”　　“As we have highlighted before, growth tech and the broader growth segment are carrying markets at the moment. At the other end of the spectrum, consumer staples were the worst-performing sector yesterday.”　　“Consumer-related sectors are still struggling with the second-round effects from tariffs, and now also with the more immediate direct impact from higher oil prices, which effectively acts as a tax on the consumer.”　　“This also means that the equity rally remains highly selective. We expect that to continue for now, as the geopolitical, macro and

04-28Industry

Japanese Yen pares hawkish BoJ-inspired gains; USD/JPY rebounds

Finance　　Japanese Yen pares hawkish BoJ-inspired gains; USD/JPY rebounds　　The USD/JPY pair attracts some intraday selling after the Bank of Japan (BoJ) announced its policy decision and touches a one-week low earlier this Tuesday. Spot prices, however, manage to recover a major part of the losses and trade around the 159.30 area, down less than 0.10% for the day during the early European session.　　As was widely anticipated, the Japanese central bank kept its benchmark interest rate unchanged at 0.75% at the conclusion of a two-day meeting. However, the 6-3 vote split, with three BoJ board members calling for a rate hike, along with an upward revision of inflation forecasts, keeps a June or July rate hike firmly on the table. This comes on top of a fresh intervention warning from Japans Finance Minister Satsuki Katayama, saying that authorities were ready to take decisive action against speculative activity, lifting the Japanese Yen (JPY) and weighing on the USD/JPY pair.　　In the post-meeting press conference, BoJ Governor Kazuo Ueda noted that real interest rates are at significantly low levels and acknowledged that the risk of inflation is significantly deviating upwards and exerting a negative impact on the economy. This, in turn, validates the hawkish outlook

04-28Industry

RWA news: Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

Ondo Finance is bringing tokenized equities closer to their traditional counterparts, offering investors a way to participate in corporate governance.　　The feature, built with Broadridge Financial Solutions (BR), allows holders of more than 250 tokenized securities on Ondo‘s platform to review company filings and submit voting preferences through Broadridge’s ProxyVote system.　　Investors can log in with crypto wallets, then access documents and governance tools typically reserved for brokerage accounts.　　The move comes as tokenized equities have emerged as one of the fastest-growing sectors in crypto, bringing stocks and ETFs on blockchain rails. The category now holds over $1.1 billion in value locked, tripling in size over the past year, RWA.xyz data shows. Ondo is the largest issuer in the sector, reporting more than $700 million in stock and ETF tokens on its Global Markets platform, offered to non-U.S. investors.　　Adding proxy voting to equity tokens matters because these offerings have often lacked basic governance rights. While Ondos tokens remain separate from the underlying shares and do not grant direct shareholder rights, the new system lets investors express preferences that Ondo can apply when voting the shares it holds.　　“It really hits at the heart of Ondo‘s vision to make traditional financial assets more accessible,” Matthieu

04-28Industry

DeFi United plans rsETH recovery after $292 million Kelp DAO exploit

DeFi United has released a recovery plan to restore full backing for Kelp DAOs rsETH after a $292 million exploit earlier this month. DeFi United will convert committed ETH into rsETH tranches to restore full backing after the exploit.Aave may recover about 13,000 ETH through controlled liquidations of eight affected lending positions.The recovery still needs governance approvals, legal agreements, and staged security checks before full execution.　　The coalition includes several DeFi protocols that joined efforts after the attack. The April 18 exploit targeted Kelp DAOs rsETH bridge through a forged message. The attacker minted 116,500 unbacked rsETH tokens. Around 107,000 rsETH later moved into lending positions on Aave.　　The recovery plan will convert committed ETH into rsETH in several tranches. The converted rsETH will then move to the affected lockbox contract to restore backing and support bridge operations.　　“The restoration process involves converting the committed ETH into rsETH in tranches, which will then be transferred to the affected lockbox contract,” the coalition said.　　Aave said DeFi United has gathered enough ETH commitments to begin the process. The initiative raised more than $300 million in ETH from DeFi participants.　　Aave and Compound positions face cleanup　　The plan also targets eight affected positions across Aave Ethereum Core and

04-28Industry

Ethereum News: Galaxy Digital Deposits $35M ETH After Bitmine’s $236M Bet

Traders often read large exchange deposits as a possible setup for selling. Long-term holders usually do not need exchange access. Still, a deposit alone does not prove a solid plan. OTC desks also stage inventory for client fills, hedging, or collateral moves.　　Price action and follow-on wallet activity typically decide the story. Lookonchain flagged the batch about an hour after it moved.　　Aave Withdrawal and KelpDAO Timing Add Fresh Market Context　　The earlier 38,000 ETH withdrawal from Aave matters because it happened during a volatile DeFi window. In mid April, the KelpDAO rsETH exploit fueled debate about bridge risk and lender bad debt.　　Analysts noted that bridged-asset losses can pressure lending pools and trigger liquidations. That backdrop helps explain why traders tied the Aave withdrawal to the later exchange deposits.　　There is still no public confirmation that the flows reflect any forced unwind. Institutions often withdraw from Aave for routine risk management. They may cut variable borrow exposure, rotate collateral, or meet redemptions.　　They may also move ETH to an exchange for settlement. The key signal now is what happens after the deposit. If the ETH leaves exchanges quickly, the selling risk fades.　　Ethereum News: Bitmine Pushes Holdings Past 5 Million　　Bitmine Immersion Technologies disclosed a purchase of

04-28Industry

AxeCasino to Attend iGB L!VE 2026 Following Front-End Update Focused on Usability and Cross-Device Performance

Finance　　AxeCasino to Attend iGB L!VE 2026 Following Front-End Update Focused on Usability and Cross-Device Performance　　Press Releases are sponsored content and not a part of Finbold‘s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest.　　AxeCasino announced that members of its leadership and product teams will attend iGB L!VE 2026, one of the established events in the online gaming and affiliate marketing calendar.　　The company said its participation reflects an ongoing effort to remain closely engaged with the conversations shaping the digital gaming sector, including platform usability, product development, responsible gaming standards, and changing player expectations.　　During the event, AxeCasino representatives plan to take part in networking sessions, meetings, and broader industry discussions with operators, affiliates, technology providers, and service partners. According to the company, the goal is to exchange practical insight on platform development, user experience, and the wider direction of the online gaming market.　　“iGB L!VE provides a valuable setting for direct conversations about how online gaming products are evolving,” a company spokesperson Kortes Gordon said. “For us, it is an opportunity to discuss usability, performance, and the standards that increasingly shape player expectations across devices

04-28Industry

Tezos X Brings EVM Compatibility, Testnet Launches May 2026

Tezos (XTZ) is set to make a significant leap forward with the imminent launch of its Tezos X testnet in May 2026. This execution layer will enable seamless interoperability between Ethereum Virtual Machine (EVM) and Tezos native Michelson runtime, consolidating both on a single shared ledger. The mainnet debut is slated for June 2026, pending community approval through the Etherlink governance vote.　　First introduced in 2024, the Tezos X roadmap envisions a modular blockchain architecture aimed at reducing user friction and enabling developers to harness cross-ecosystem liquidity without relying on bridges or wrapped tokens. For users, this means atomic swaps between EVM and Michelson contracts in a single transaction. Developers, on the other hand, will benefit from the ability to mix and match tools across both systems, streamlining app development and deployment.　　Why Tezos X Matters　　The integration of EVM compatibility is a game-changer for Tezos. Ethereum developers can port Solidity-based smart contracts directly to Tezos without rewriting them, while Michelson developers can continue building as usual. This dual compatibility enables broader adoption by tapping into Ethereums developer ecosystem and liquidity pools while maintaining the security and flexibility of Tezos.　　Underpinning Tezos X is its role as a non-custodial rollup, settling transactions on the

04-28Industry

Asian FX: Oil risk threatens recovery momentum – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note most Asian FX have firmed, led by MYR, THB and TWD, helped by Irans proposal on Hormuz. However, elevated Oil prices and constrained energy passthrough pose risks to demand and could restrain high‑beta, Oil‑sensitive Asian FX. They expect differentiated performance, with PHP and THB under pressure and SGD and MYR relatively resilient.　　High beta currencies face oil headwinds　　“Most Asian FX traded on a firmer footing, led by gains in MYR, THB, TWD. Irans proposal to reopen Hormuz may have helped with de-escalation but it remains to be seen if US will agree to the conditions including the postponement of nuclear talks to later time.”　　“While equities are near record highs, oil prices also remain elevated. Energy passthrough in the Hormuz strait remains constrained and oil prices staying higher for longer can have negative repercussions on demand. ”　　“The longer the standoff between US and Iran, the tighter the oil market, and oil prices will have to be repriced higher. Ultimately this can restrain Asian FXs recovery momentum, especially for high-beta and oil-sensitive Asian FX. ”　　“That said, geopolitical developments remain fluid. Any signs of further de-escalation, alongside oil prices easing should see Asian FX benefiting.

04-28Industry

BNB Price Prediction Eyes $2,000 After First Leveraged ETF Launch While Pepeto Targets 200x

Tech　　BNB Price Prediction Eyes $2,000 After First Leveraged ETF Launch While Pepeto Targets 200x　　The post BNB Price Prediction Eyes $2,000 After First Leveraged ETF Launch While Pepeto Targets 200x appeared first on Coinpedia Fintech News　　The BNB price prediction for 2026 just gained a new catalyst after Teucrium launched the first 2x leveraged BNB ETF on U.S. exchanges, trading under the ticker XBNB starting April 27 per Bloomberg. That product gives institutional and retail traders regulated access to double the daily performance of BNB futures, and it adds buying pressure to a token already backed by quarterly burns and 4.5 million daily active users on BNB Chain.　　The BNB price prediction for the long term now carries targets as high as $2,000 according to CryptoRank. But wallets that caught BNB at $0.15 during its 2017 ICO turned small positions into generational wealth, and Pepeto is sitting at that same type of ground floor entry with an approaching Binance listing and over $9.56 million raised.　　First U.S. Leveraged BNB ETF Goes Live as BNB Price Prediction Models Adjust　　Teucrium announced XBNB on April 25, and Binance co-founder Changpeng Zhao posted about the launch the same day. The fund uses futures contracts to target 200% of

04-28Industry

Blockchain Association presses Fed to formalize end of reputation risk in bank oversight

U.S. crypto lobbying group Blockchain Association has urged the Federal Reserve to formalise the removal of “reputation risk” from bank supervision rules, warning that the concept has been used to restrict access to financial services.Blockchain Association has urged the Federal Reserve to formalise the removal of reputation risk from bank supervision rules.The group said reputation risk has enabled the debanking of crypto firms and called for clear, consistent regulatory standards.The Cato Institute found most debanking cases in the U.S. were driven by government pressure rather than independent bank decisions.　　In a comment letter submitted Monday, Blockchain Association executive vice president of legal and government relations Ashok Pinto said the Federal Reserve should turn its June 2025 policy change into a binding rule to prevent future misuse.　　Pinto wrote that regulated institutions require “objective, consistent standards,” adding that reputation risk fails to meet that threshold.　　Pinto argued that regulatory frameworks must protect the integrity of the financial system without allowing subjective assessments to influence access to banking services.　　He wrote that “regulation is meant to uphold the integrity of our financial system, not to pick winners and losers based on the political winds of the day,” while warning that reliance on reputation risk introduces inconsistency

04-28Industry

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