Crypto Industry News & Market Trends

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations

PANAMA CITY, April 27, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today officially launches its 8th anniversary celebration, unveiling its INFIN8 campaign under the theme ‘8 years on, infinite ahead’.　　At the heart of the INFIN8 campaign is the concept of infinity, symbolized by the continuous loop of a racing circuit and inspired by BingX‘s partnership with Scuderia Ferrari HP. Much like the precision and momentum of motorsports, this reflects BingX’s commitment to constant motion, iteration, and boundary-breaking innovation.　　To mark the milestone, BingX has launched a large-scale trading event that invites its global community to join the celebration. Designed as a racing-inspired experience, the event features milestone-based rewards, individual and team competitions, and social engagement incentives. The campaign will run across a total of four sessions from April 27 to June 2. Traders can unlock rewards through progressive challenges, compete for up to $150,000 in individual prizes and $50,000 in team competitions, and share in a total prize pool of up to $10 million.　　As a part of the celebration, BingX is also bringing the experience offline through a series of events spanning the globe, including Bitcoin Pizza Day festivities in Brazil, a large-scale meetup in Mexico City, and

04-28Industry

Ethereum (ETH) Price Prediction: ETH Battles $2,300 Resistance as Bulls Defend Key Trendline Support

Ethereum　　Ethereum (ETH) Price Prediction: ETH Battles $2,300 Resistance as Bulls Defend Key Trendline Support　　Ethereum (ETH) is testing a critical $2,300 resistance zone while holding key trendline support, as tightening price action signals an imminent breakout or rejection.　　Ethereum price, as per Brave New Coin data, is currently trading around the $2,300 region, placing the price directly at a critical decision zone where multiple structures are colliding.　　On one side, bulls are defending higher lows and trendline support. On the other hand, ETH is testing heavy resistance from both horizontal levels and a broader descending channel. This creates a clear battle zone where the next move will define short-term direction.　　Ethereum Holding Ascending Trendline Support Near $2,100–$2,200　　Ethereum continues to respect a long-term ascending trendline, with multiple bounces confirming this zone as a strong support base.　　As shown in the CryptoJack chart, ETH has consistently reacted from this trendline, forming higher lows around the $2,100–$2,200 region. Each retest has brought buyers back into the market, preventing deeper breakdowns.　　ETH is holding a long-term ascending trendline, with repeated reactions near $2,100–$2,200 confirming strong buyer interest. Source: CryptoJack via X　　As long as this structure holds, the broader short-term bias remains supported. A breakdown below this trendline, however, would shift

04-28Industry

Solana Price Prediction: What To Expect From SOL In May 2026

Tech　　Solana Price Prediction: What To Expect From SOL In May 2026　　The Solana price prediction for May is caught between two histories. The long-term seasonal record is rough. May has averaged -9.96% across SOLs lifetime with a median of -12.9%, and the three-day chart is sitting inside a head and shoulders pattern. The short-term record disagrees. The last two Mays have closed positive, +30.5% in 2024 and +6.11% in 2025, and the red candles forming the right shoulder are getting smaller, not bigger.　　The question for May is no longer whether SOL can bounce. It is whether the institutional demand that quietly held April flat at +1.18% can survive a seventh straight month of declining ETF inflows.　　Bearish Pattern Holds As Sell Volume Weakens　　The three-day chart shows a head and shoulders pattern in full form. If the neckline breaks, a 19% projected dip could follow, something that keeps the bearish thesis alive in May. SOL currently trades around $84.20.　　But the volume disagrees. The red candles driving SOL lower since mid-March have been getting smaller, not larger. The sharpest down-bars in March moved on heavier sell volume than April ones. A clean head and shoulders should resolve with rising sell pressure into the breakdown.

04-28Industry

Oil prices rise despite Irans Strait of Hormuz reopening proposal

Iran‘s proposal to reopen the Strait of Hormuz hasn’t soothed market jitters, with crude oil prices remaining above $100 per barrel. The odds of WTI Crude Oil hitting $160 in April sit at 0.2% YES, down from 1% a day ago.　　Market reaction　　Traders are skeptical about the durability of Iran‘s proposal, which includes a toll scheme for ships passing through the Strait. The WTI Crude Oil market shows minimal confidence in reaching high price targets, with April contracts at just 0.2% YES. Oil’s all-time high by April 30 is priced at 0.4% YES, down from 2% a day earlier. Traders are pricing in possible disruptions or permanent tolls that could keep prices elevated even if the Strait reopens.　　Why it matters　　Liquidity in these markets is thin: just $2,023 in actual USDC traded across the WTI Crude Oil predictions. It takes only $1,632 to shift the odds by 5 percentage points in the WTI market, meaning a single large order could move prices substantially. The largest recent move was a minor 1-point spike in the crude oil all-time high market. Strait of Hormuz traffic normalization by April 30 remains uncertain, and without clear resolution or terms, traders are holding back significant bets.　　What to

04-28Industry

ZetaChain halts transfers as DefiLlama reports $300K loss

ZetaChain has paused cross-chain transactions on its mainnet after detecting an attack on its GatewayEVM contract. ZetaChain paused cross-chain transactions after detecting an attack on its GatewayEVM smart contract.The team said only internal wallets were affected and no user funds were lost.DefiLlama reported $300,000 in losses as ZetaChain prepared a detailed post-mortem.　　The Layer 1 network said the move was a precaution while the team investigates the incident. GatewayEVM works as a key entry point for cross-chain activity between EVM-compatible networks and applications on ZetaChain. The contract helps route interactions across connected chains.　　ZetaChain said the attack affected only internal team wallets. The team added that it had already closed the attack path to stop more funds from being compromised.　　“As a precaution, cross-chain transactions are currently paused on ZetaChain,” the team said. “Investigation is still ongoing, and at this time no user funds were impacted by this attack.”　　DefiLlama reports $300,000 loss　　DefiLlama data shows the attack caused about $300,000 in losses. ZetaChain has not confirmed the exact amount and said it plans to publish a full post-mortem.　　According to ZetaChains official status page, cross-chain transactions remained paused as of 9:00 p.m. ET on Monday. That was about nine hours after the team first identified

04-28Industry

Bitcoin Investors Beware: Will History Repeat and BTC Drop After Tomorrows FOMC Meeting?

Some of the price declines for BTC came even after the Fed actually lowered the interest rates.　　;　　}　　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);　　});　　}　　})();　　In what is expected to be one of the most eventful economic weeks of 2026, arguably the most notable event will take place tomorrow evening when the US Federal Reserve will announce whether it has made any interest rate changes and its future plans.　　Although experts are convinced the rates will be left

04-28Industry

Why Football Bettors Choose Dexsport: No-KYC Crypto Betting for FIFA World Cup 2026

Learn more about Dexsport Bonus Offers at dexsport.io　　Sports bettors receive additional free bets, and weekly cashback returns up to 15% of losses, paid in stablecoins without extra wagering. The platform also runs event-based promotions tied to major tournaments, including World Cup campaigns.　　This structure spreads rewards across the entire betting cycle rather than concentrating them at sign-up.　　Speed and Control During Live Matches　　The key advantage of crypto betting during the World Cup is speed.　　Deposits settle within minutes. Withdrawals are processed without manual review queues. This allows bettors to move funds between matches or sessions without interruption.　　Dexsport is designed around this flow. The platform prioritizes quick access, real-time updates, and direct fund control.　　During a tournament with multiple matches per day, this becomes a functional advantage rather than a feature.　　Security and Platform Structure　　Dexsport operates under a license from the Autonomous Island of Anjouan and has undergone audits by CertiK and Pessimistic.　　The platform combines offshore licensing with technical verification. Instead of relying solely on regulation, it provides transparency through on-chain tracking and audited systems.　　For users familiar with crypto platforms, this structure is consistent with how trust is established in Web3 environments.　　Final Assessment　　The FIFA World Cup 2026 will generate a higher volume of matches and betting

04-28Industry

Ethereum (ETH) Price Prediction: ETH Battles $2,300 Resistance as Bulls Defend Key Trendline Support

Ethereum (ETH) is testing a critical $2,300 resistance zone while holding key trendline support, as tightening price action signals an imminent breakout or rejection.　　Ethereum price, as per Brave New Coin data, is currently trading around the $2,300 region, placing the price directly at a critical decision zone where multiple structures are colliding.　　On one side, bulls are defending higher lows and trendline support. On the other hand, ETH is testing heavy resistance from both horizontal levels and a broader descending channel. This creates a clear battle zone where the next move will define short-term direction.　　Ethereum Holding Ascending Trendline Support Near $2,100–$2,200　　Ethereum continues to respect a long-term ascending trendline, with multiple bounces confirming this zone as a strong support base.　　As shown in the CryptoJack chart, ETH has consistently reacted from this trendline, forming higher lows around the $2,100–$2,200 region. Each retest has brought buyers back into the market, preventing deeper breakdowns.　　ETH is holding a long-term ascending trendline, with repeated reactions near $2,100–$2,200 confirming strong buyer interest. Source: CryptoJack via X　　As long as this structure holds, the broader short-term bias remains supported. A breakdown below this trendline, however, would shift momentum back towards the bears and open downside towards $2,000.　　Short-Term Wedge Structure Signals

04-28Ethereum

IRENs AI Cloud Pivot Backed by $5.8B Investment Targets $3.7B Revenue

IREN Limited (NASDAQ: IREN) is undergoing a seismic shift in its business model, moving away from Bitcoin mining to focus on AI cloud infrastructure. According to Bernstein analysts, this pivot could generate $3.7 billion in annual revenue once fully implemented, with the company already securing a five-year agreement with Microsoft for AI workloads.　　The transition hinges on IRENs $5.8 billion investment in GPUs and its ability to repurpose existing Bitcoin mining facilities in Texas and British Columbia. The company plans to replace ASIC mining rigs with cutting-edge GPUs designed for AI training and inference. By the end of 2026, IREN expects to operate a fleet of 150,000 GPUs, a critical component for delivering high-performance cloud computing services.　　Beyond equipment upgrades, the Microsoft deal provides a financial cushion. The agreement includes substantial customer prepayments, helping fund infrastructure expansion and reducing the need for high-interest borrowing. This financing approach has enabled IREN to maintain relatively low capital costs, a significant advantage as it commits to large-scale investment in AI cloud services.　　Stock Outlook: Nearly 100% Upside Predicted　　Bernstein has assigned IREN stock a price target of $100, nearly double its current trading level of $50.64 as of April 27, 2026. While this is a reduction from

04-28Industry

Iran peace talks stall, oil prices rise amid ongoing tensions

Diplomatic efforts to end the Iran war have stalled while oil prices gain on persistent tensions. The Crude Oil All-Time High by April 30 market sits at 0.4% YES, down from 2% a day ago.　　Market reaction　　The Crude Oil All Time High by April 30 market shows traders doubt prices will breach historical levels within six days. The Strait of Hormuz is still closed and diplomatic talks have stalled, but traders are not committing to a full breakout. Odds slid from 2% to 0.4% in 24 hours, pointing to waning confidence in a short-term spike.　　The WTI Crude Oil Prices in April 2026 market is similarly flat. Odds of hitting $160 this month are at 0.2%, down from 1% over the last 24 hours. Even with ongoing supply constraints from the Hormuz closure, the market prices almost no chance of a dramatic surge by month-end.　　Why it matters　　Trading volumes are thin: $2,513 in actual USDC for the Crude Oil All Time High market and $506 for WTI Crude. Order book depth is shallow, with $695 and $1,632 required to move each market 5 percentage points, respectively. A 1-point spike at 5:31 AM suggests limited but reactive trading.　　The failed talks have left a gap

04-28Industry

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