Crypto Industry News & Market Trends

Tillis Blocks Clarity Act Over Ethics: ID Drops

Republican Senator Thom Tillis in the US Senate has become one of the last obstacles facing the crypto law Clarity Act. Investment bank TD Cowen emphasizes that Tillis is conditioning the addition of ethical rules to the bill draft. Senate Banking Committee member Tillis stated to Politico on Monday, “The bill must include ethical provisions before it leaves the Senate, otherwise I will turn from negotiator to opponent.” This stance stands out as the most recent issue slowing down the bill. TD Cowen Washington Research Group Managing Director Jaret Seiberg notes that Tilliss insistence could affect the Trump family.　　Thom Tilliss Ethical Demands for Clarity Act and Reason for Delay　　Tillis was one of the key negotiators on stablecoin yields in the crypto bill draft and requested last week to postpone the markup of the draft to May by the Banking Committee. Tillis, who previously prevailed in his dispute with President Trump on the Federal Reserve, announced that he would support Kevin Warsh as Fed chairman following the dropping of the Jerome Powell investigation on Friday. Seiberg predicts that Tillis will not back down due to his influence on this issue and says the bill process depends on Tilliss stance.　　Why is ID

04-28Industry

Woman Who Claimed Bitcoin Riches to Befriend Elderly Victims Sentenced to Prison

A United States judge sentenced a Saipan woman to 71 months in federal prison. The defendant orchestrated a scheme that defrauded older women.　　She falsely claimed she came from money in China, owned multiple businesses, and made a fortune trading Bitcoin (BTC).　　Saipan Woman Gets 71 Months for Bitcoin Investment Scam Targeting Older Women　　According to the press release, Sze Man Yu Inos, 30, also known as Yuki, defrauded victims across multiple states. Between November 2020 and January 2022, she approached older women on Saipan and Guam. She posed as a wealthy Chinese heiress and a successful Bitcoin investor.　　The authorities revealed that Yuki treated victims to expensive meals and gifts and “bragged to them about how much money she made investing in Bitcoin.”　　“She confided in them about fictitious personal problems and claimed their friendship was important to her – often telling them, ‘You are like my mom.’ After gaining the victims confidence, Yuki requested money from these women. She also solicited investments in Bitcoin based on false pretenses,” the press release read.　　The scheme continued after she left the Marianas, with new victims defrauded in Washington and California. FBI Honolulu Special Agent in Charge David Porter said Yuki forged a federal judges signature to

04-28Industry

Fidelity Q2 2026: Recovery in On-chain Metrics

One of the main visuals from the report: BTC dominance compared with ETH-SOL network activityFidelity Q2 2026 Report Onchain Indicators　　Crypto markets have shown volatile performance in recent months; Bitcoin and other major tokens are stuck in a narrow range. Investors are grappling with persistent inflation delaying central banks interest rate cuts and sudden fluctuations in global stock markets. Intensifying regulatory pressure in the US and internationally is deepening uncertainty, while conflicts in Eastern Europe and the Middle East are fueling trade tensions between major economies. The team led by Daniel Gray emphasizes that momentum and profitability indicators point to a corrective period under these conditions. For BTC detailed analysis, the report shows that fundamentals are strengthening beneath the surface stagnation.　　Slow Recovery of Bitcoin Dominance　　Usage levels on platforms like Ethereum, Solana, and other networks continue to defy price declines. The disconnect between price movements and network activity is noteworthy; protocol demand remains vibrant while valuations lag. Fidelity predicts that these dynamics reflect the recovery process and that structural renewals will slowly seep into prices. BTC dominance is giving stabilization signals in the post-report period.　　Current BTC Technical Levels and RSI Analysis　　Currently, RSI at 58.11 gives an uptrend signal, but Supertrend is in

04-28Industry

Outgoing GOP Senator Emerges as Major Obstacle to Senate Cryptocurrency Legislation

GOP Senator Thom Tillis pledges to oppose the Clarity Act without ethics safeguards in placeThe North Carolina lawmaker seeks restrictions on White House personnel profiting from digital currenciesDemocratic legislators push for prohibitions on federal workers endorsing or launching digital tokensFinancial firm TD Cowen identifies Tillis as the “latest roadblock” hindering legislative progressMarket watchers now estimate a 33% probability of passage before years end　　North Carolina Republican Senator Thom Tillis has issued an ultimatum regarding the Senates cryptocurrency regulatory framework, the Clarity Act, stating he will oppose the legislation without provisions governing how administration officials engage with or benefit from digital assets.　　The Clarity Act has another roadblock.　　Republican Senator Tom Tillis said that “There has to be ethics language in the bill before it leaves the Senate, or Ill go from one of the people working on negotiating it to voting against it” per Politico.　　The senator outlined his stance publicly this Monday. “Ethics language must be incorporated into the legislation before Senate passage, or Ill transition from negotiator to opposition,” he stated to Politico.　　As a ranking member of the Senate Banking Committee, Tillis wields considerable authority over the bills progression through the legislative process.　　His decision not to pursue another term adds weight to

04-28Industry

Bank of Japan holds rates steady amid geopolitical tensions

Tech　　Bank of Japan holds rates steady amid geopolitical tensions　　The Bank of Japan kept its interest rate at 0.75%, leaving the Polymarket contract for a rate decrease after the April 2026 meeting at 0.1% YES, effectively resolved as NO.　　Market reaction　　The April 2026 market shows a 0.1% probability of a rate cut, which means this outcome was largely priced in before the announcement. Trading volume is thin: only $19 in real USDC traded against a face value of $9,950. It would take just $82 to shift the odds by 5 points, making this contract vulnerable to manipulation by even small trades. The low volume reflects minimal trader conviction that a rate cut is coming given the BOJs current stance and geopolitical constraints, including Middle East tensions affecting energy supply.　　Why it matters　　The BOJ‘s decision to hold signals limited flexibility in Japan’s monetary policy under current external pressures. Middle East instability and elevated energy prices have reinforced the BOJs cautious approach, making a near-term rate cut unlikely. For gold markets on Polymarket, the hawkish hold has nudged odds of significant price increases slightly higher, as geopolitical instability could drive safe-haven demand.　　What to watch　　Governor Ueda‘s upcoming statements and any shifts in Middle East geopolitics are

04-28Industry

Dogecoin Eyes Key Resistance as Bulls Push Higher

Dogecoin is showing renewed strength after holding firm above the $0.0950 support zone. The popular meme coin has outperformed both Bitcoin and Ethereum in recent trading sessions, posting a steady climb that has traders watching key price levels closely.　　DOGE broke above the $0.0980 and $0.0985 resistance marks with moderate conviction. Price action also cleared the 50% Fibonacci retracement level of the prior drop from $0.1008 to $0.0969. The coin above the $0.0970 level and the 100-hourly simple moving average, a combination that signals short-term bullish momentum.　　A line is developing on the hourly chart, with support sitting at $0.0978. This structure gives buyers a technical foothold. However, sellers remain active near the $0.0995 area, capping gains for now.　　Resistance Levels Traders Are Watching　　The immediate hurdle for Dogecoin sits at $0.0995. This level aligns with the 61.8% Fibonacci retracement of the recent downward leg. A clean break above this zone would open the path toward the psychologically significant $0.10 mark.　　Beyond $0.10, the next ceiling stands at $0.1050. A confirmed close above that level could trigger a sharper move toward $0.1120. Should bullish , $0.120 becomes the next logical target. The most ambitious projection from current levels points to $0.1250.　　These resistance levels are not

04-28Industry

Bitcoin To $88,000? Analysts Eye May Breakout After Key Close

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.　　From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.　　In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasnt until 2020 that she started to dive into the depth of the industry. As Rubmar began to

04-28Industry

Outgoing GOP Senator Emerges as Major Obstacle to Senate Cryptocurrency Legislation

GOP Senator Thom Tillis pledges to oppose the Clarity Act without ethics safeguards in placeThe North Carolina lawmaker seeks restrictions on White House personnel profiting from digital currenciesDemocratic legislators push for prohibitions on federal workers endorsing or launching digital tokensFinancial firm TD Cowen identifies Tillis as the “latest roadblock” hindering legislative progressMarket watchers now estimate a 33% probability of passage before years end　　North Carolina Republican Senator Thom Tillis has issued an ultimatum regarding the Senates cryptocurrency regulatory framework, the Clarity Act, stating he will oppose the legislation without provisions governing how administration officials engage with or benefit from digital assets.　　The Clarity Act has another roadblock.　　Republican Senator Tom Tillis said that “There has to be ethics language in the bill before it leaves the Senate, or Ill go from one of the people working on negotiating it to voting against it” per Politico.　　The senator outlined his stance publicly this Monday. “Ethics language must be incorporated into the legislation before Senate passage, or Ill transition from negotiator to opposition,” he stated to Politico.　　As a ranking member of the Senate Banking Committee, Tillis wields considerable authority over the bills progression through the legislative process.　　His decision not to pursue another term adds weight to

04-28Industry

DeFi United Unveils Technical Plan to Restore rsETH Backing After KelpDAO Exploit

DeFi United, a coalition of ecosystem participants led by Aave service providers, has released a technical implementation plan to restore rsETH backing.　　The plan comes after a major exploit on April 18, 2026. Hackers likely associated with North Korea‘s Lazarus Group stole approximately $292 million (116,500 rsETH) from KelpDAO’s LayerZero bridge.　　DeFi United Releases Technical Roadmap to Make rsETH Whole　　In a detailed post, the team said seven wallets tied to the exploiter still hold active rsETH-backed positions on Aave and Compound. This totals around 107,000 of the 116,500 rsETH originally stolen.　　The recovery plan has two goals: restoring rsETHs backing and recovering the ~107,000 rsETH in excess collateral. To restore the backing, rsETH must match its nominal Kelp exchange ratio of 1.07 ETH. This will be done via the DeFi United initiative.　　It has already lined up the ETH commitments needed to bring affected systems back online. Final execution depends on governance approvals, execution timelines, and signed definitive agreements.　　After the plans execution, the backing will be fully restored by depositing ETH into the bridge lockbox (RSETH_OFTAdapter 0x85d456b2…98ef3).　　“The restoration process involves converting the committed ETH into rsETH in tranches, which will then be transferred to the affected lockbox contract, allowing the bridge to securely resume

04-28Industry

WTI Price Forecast: Eyes further upside towards $100 amid Hormuz closure

WTI US Oil trades higher at around $96 as of writing. The near-term tone stays constructive as price holds above the 20-day exponential moving average (EMA) at roughly $92.12.　　Momentum, reflected by the Relative Strength Index (14) hovering in the mid-50s, suggests mild bullish pressure rather than overbought conditions, leaving scope for further gains while the contract remains supported above its short-term EMA.　　On the topside, initial resistance is seen at the prior downward-trending border of the Symmetrical Triangle around $100.37, where a clear close higher would open the door to a more decisive bullish extension. On the downside, immediate support emerges at the 20-day EMA near $92.12, with the rising structural floor from the upward-sloping border of the above-mentioned chart pattern sitting much lower around $80.01; a drop through this latter area would significantly undermine the current bullish bias.　　WTI Oil FAQs　　WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is

04-28Industry