Latest Crypto News & Market Updates

Bitcoin is repeating a 2022 pattern

Bitcoin　　Bitcoin is repeating a 2022 pattern　　CryptoQuant‘s latest Apr. 30 read shows that perpetual futures are driving Bitcoin’s recovery, while spot demand is still shrinking. That is the same market structure seen during the 2022 bear market rallies, when leverage-driven rebounds gave way to fresh downside.　　Spot buying through exchanges, ETFs, or direct on-chain accumulation represents committed capital. At the same time, perpetual futures allow traders to take directional exposure with borrowed capital, often at multiples of their collateral, without holding the underlying asset.　　When both forms of demand expand together, a rally tends to be self-reinforcing. When futures lead and spot lags, leveraged traders finance the bounce and face forced exits if the price moves against them.　　The 2022 comparison　　Several bear-market rallies in 2022 shared the same regime, with perpetual futures demand recovering before spot demand did. The price bounced, and leveraged positions came off as spot buyers proved too thin to absorb the selling.　　The bounces looked constructive, but each one resolved into the next leg lower.　　CryptoQuant charts show Bitcoin‘s April 2026 demand split, perpetual futures rising while spot contracts, mirrors 2022’s failed bear-market rally structure.　　CryptoQuant‘s chart places Bitcoin’s current April 2026 move back into a regime where spot contracts are contracting while

05-01Industry

Apollo Sports Capital, Tom Dundon make $225M pickleball investment

Finance　　Apollo Sports Capital, Tom Dundon make $225M pickleball investment　　Ben Johns comes over to the right side to hit a dink shot against Anna Bright and Hayden Patriquine in the 2026 PPA Carvana Mesa Cup finals match of the Pro Mixed Doubles Division at Arizona Athletic Grounds on February 22, 2026 in Mesa, Arizona.　　Bruce Yeung | Getty Images　　Pickleball Inc., the new parent company of Major League Pickleball and the PPA Tour, said Friday it has raised a record $225 million in new investment, as the paddle sport continues its rapid growth trajectory.　　The latest investment comes from Apollo Global Managements newly created sports fund, Apollo Sports Capital, and Dundon Capital Partners, owned by billionaire Tom Dundon. Dundon is an owner of the Portland Trail Blazers NBA team and the Carolina Hurricanes NHL team and was an early investor in pickleball.　　The fresh funds bring the total investment in Pickleball Inc. to $315 million, as investors continue to look at emerging sports as a place to park their money. The raise values Pickleball Inc. at $750 million, according to a person familiar with the matter, who asked to remain unnamed because they were not authorized to speak publicly about the companys valuation.　　The deal also

05-01Industry

Berkshire annual meeting with no Buffett: Can Abel rekindle enthusiasm?

Finance　　Berkshire annual meeting with no Buffett: Can Abel rekindle enthusiasm？　　For decades, s annual meeting has doubled as a kind of financial Woodstock, drawing tens of thousands to hear Warren Buffett dispense homespun wisdom, crack jokes and field hours of questions.　　This year will be different.　　For the first time, the 95-year-old Buffett won‘t be the central figure on stage, marking a new era for one of the investing world’s most closely watched rituals. The shift puts a spotlight on Greg Abel, who took over as CEO at the start of 2026, and raises a question hanging over Omaha: what does Berkshire look like without the man who defined it？　　Investors and analysts said the tone is likely to move away from Buffett‘s signature mix of investing philosophy and life advice toward a more business-focused discussion of operations, capital allocation and a more granular view into the conglomerate’s inner workings.　　“Clearly, nobody can replace Warren on the stage,” said Macrae Sykes, a portfolio manager at Gabelli Funds. “But I think the continuity with Greg … brings definitely confidence in the continuation of the operating component to conglomerate.”　　Abel, 63, and insurance chief Ajit Jain will lead the first question-and-answer session, followed by a second panel including

05-01Industry

Ethereum rebound at risk? Exchange data flashes warning

Ethereum traded at $2,280.47 at press time, with 24-hour volume at $10.18 billion, according to crypto.news data. Ethereums exchange supply ratio has dropped, but price has not yet formed a matching bottom.Binance ETH funding rates remain negative, showing traders still favor downside positions.Rising short liquidations may add buying pressure if Ethereum continues its recent recovery.　　ETH gained 0.75% in the past day but remained down 1.56% over the last seven days. Its market cap stood at $275.23 billion, based on a circulating supply of 120 million ETH.　　The price action comes as analysts track opposing signals from exchange supply and derivatives data.　　Exchange supply ratio signals dip risk　　CryptoQuant analyst PelinayPA said Ethereum may still face downside risk. The analyst pointed to a sharp fall in the exchange supply ratio.　　In past cycles, a falling ratio often appeared near price bottoms. Lower exchange supply can mean reduced selling pressure, but the analyst said the current setup shows a gap.　　PelinayPA said the ratio has dropped to low levels, but ETH has not formed a matching price bottom. The analyst said this could mean the market has not fully priced in the supply move.　　The analyst added that “a delayed downward move” remains possible. The view suggests ETH

05-01Industry

XRP Price Follows Bitcoin? Bill Morgan Explains XRP-BTC Correlation

Bitcoin　　XRP Price Follows Bitcoin？ Bill Morgan Explains XRP-BTC Correlation　　The post XRP Price Follows Bitcoin？ Bill Morgan Explains XRP-BTC Correlation appeared first on Coinpedia Fintech News　　Pro-XRP lawyer Bill Morgan has often said that XRPs price is strongly linked to Bitcoin, acting as a “follower” to market leader movements. This view has put him into a controversy.　　Responding to critics, Morgan said, “For those who keep insulting me for saying XRP follows Bitcoin, I am referring to correlation.”　　He further explained what he actually meant.　　XRP Price Follows Bitcoin, Says Bill Morgan　　According to Bill Morgans recent comments, XRP price action remains strongly linked with Bitcoin price moves. However, he said this does not mean XRP copies every Bitcoin move exactly.　　“The correlation coefficient between bitcoin price movement and XRP price movement is quite high, although it varies. It is a directional correlation which does not mean, for example, that if bitcoin price rises or falls by a specific percentage, the corresponding XRP move will be identical as a percentage.”　　Morgan isnt speaking in a vacuum. The data support his view.　　Right now, the 90-day correlation between XRP and Bitcoin is 0.628. On a scale where 1.0 means both move the same, this is a strong connection.　　From 2020 to

05-01Industry

Trump stock short volume hits 2-week high: Is a massive short squeeze brewing?

Finance　　Trump stock short volume hits 2-week high: Is a massive short squeeze brewing？　　After a significant jump between April 27 and 28, Trump Media & Technology (NASDAQ: DJT) stock short volume ratio inched higher and ended the month at its highest value in at least two weeks.　　Specifically, after hitting its recent low of 37.11, the metric soared to 60.18 within a single day and continued climbing to 61.63 on April 30.　　DJT stock short volume ratio. Source: Finbold　　Notably, the April 27 bottom coincided with one of DJT stocks highest closing prices of the month – $9.95 – and the subsequent rise in bearish bets accompanied a significant price drop.　　Thus, the most recent reading appears to indicate that investors estimate that Trump Media shares are about to plunge further in May, though it simultaneously raises the possibility that a significant short squeeze is imminent.　　Is a squeeze imminent for DJT stock short-traders？　　The possibility that DJT stock short-sellers are about to get liquidated is increased by the equitys 2026 tendency to trade together with major moves made by other major assets, at least in the short term.　　Indeed, while noticeably more volatile, Trump Media appears to have followed the wider market into the late January downturn,

05-01Industry

Bakkt bets on stablecoins after completing DTR deal

Bakkt has completed its acquisition of Distributed Technologies Research, a stablecoin payments infrastructure firm. Bakkt issued over 11.3 million shares to complete its acquisition of DTR.DTR brings stablecoin payments technology and compliance tools into Bakkts institutional platform.Bakkt shares recovered after the deal closed, rising from Wednesdays earlier decline.　　The deal brings DTR‘s agentic payments technology and compliance tools into Bakkt’s regulated institutional platform.　　The company said the combined platform will support institutions and fintechs seeking faster digital payments. Bakkt aims to build a 24/7 digital settlement layer using stablecoin technology.　　Stablecoin settlement becomes core focus　　Bakkt said DTRs AI-native engine will be added to its existing infrastructure. The company expects the integration to reduce reliance on traditional correspondent banking systems.　　Bakkt CEO Akshay Naheta said, “The architecture of money movement rarely evolves at this level.” He added that the deal introduces stablecoin functionality as a bridge between legacy finance and digital assets.　　At closing, Bakkt issued 11,316,775 Class A common shares to DTRs beneficial holders. The company may issue up to 725,592 more shares tied to outstanding warrants.　　The transaction was first announced in January. At that time, the deal involved 9.3 million shares. Bakkt also announced a corporate name change to Bakkt Inc. during the same

05-01Industry

QNT Bearish Analysis May 1

Tech　　QNT Bearish Analysis May 1　　QNT is experiencing a consolidation stuck around 69 dollars, while bearish signals on the daily chart increase the risk of testing critical support levels; BTCs sideways movement creates a cautious environment for altcoins.　　Market Outlook and Current Situation　　Quant (QNT) is trading at the 69.00 dollar level as of May 1, 2026, showing a slight 0.58% decline over the last 24 hours. A clear downtrend dominance is observed on the daily timeframe; the price is stuck in a narrow band between 68.60-70.41 dollars. Volume is relatively low at 2.98 million dollars, indicating that buyers have not yet made a strong entry. Weakness in altcoins across the broader market is suppressing QNTs short-term momentum.　　When examined in a multi-timeframe (MTF) context, 3 strong support levels and 2 resistance levels stand out on the 1D chart, but there is no clear confluence on the 3D and 1W timeframes. This situation shows that QNT is in a local correction and has become dependent on broader market dynamics. Bitcoins 1.09% rise keeping it in a sideways trend limits volatility in utility tokens like QNT, but sales pressure may continue in an environment of low overall risk appetite. The calm recent news flow keeps

05-01Industry

MegaETH (MEGA) Token Debuts Across Major Exchanges Without Paying Listing Fees

MegaETH (MEGA) Price　　The token deployment was activated once 10 ecosystem applications from the “Mega Mafia” initiative became operational and surpassed the projects initial key performance indicator (KPI) requirement. The MegaETH team had pledged to delay the token launch until genuine network usage could be demonstrated.　　Binance initiated spot market trading at 11:00 UTC, offering MEGA/USDC and MEGA/USDT trading pairs. KuCoin and Bitget synchronized their listings to match this timing. Additional platforms including Coinbase, Bybit, Upbit, Bithumb, OKX, and MEXC simultaneously introduced MEGA trading on the same day.　　BINANCE LISTS MEGAETH WITH SEED TAG@Binance confirmed the $MEGA listing with no $BNB listing fee, an increasingly rare move for new token additions.　　Trading for MEGA/USDT, MEGA/USDC, and MEGA/TRY pairs goes live at 11:00 UTC on April 30, 2026. Withdrawals will open the… pic.twitter.com/kwJryNmXMo　　— BSCN (@BSCNews) April 30, 2026　　Regulatory compliance measures prevent deposits and trading activities for users located in the United States, Canada, and the Netherlands.　　Exchange Listings Secured Without Token Payment　　The most notable aspect of the launch was MegaETHs stance on refusing to pay listing fees. Earlier in 2026, the project publicly announced it would not distribute MEGA tokens to exchanges for listing fees, liquidity incentives, or promotional token drops.　　Despite this position, every major trading

05-01Industry

Terra Classic (LUNC) Rallies 60% This Week — Key Catalysts Behind the Surge

The primary catalyst fueling this rally is aggressive supply reduction. More than 444 billion LUNC tokens have been permanently removed from circulation, representing approximately 6.4% of the total supply. Additionally, nearly 932 billion tokens remain locked in staking mechanisms, significantly constraining the available trading supply.　　Just within the last three days, approximately 630 million LUNC tokens were destroyed through burning mechanisms. This accelerated burn rate has captured trader attention and renewed market interest.　　Binances Burn Event and Protocol Enhancements　　Market participants are closely monitoring Binances anticipated monthly burn scheduled for May 1. The exchange removes LUNC from circulation using revenues generated from spot and margin trading fees. Given Aprils robust trading activity, analysts expect this burn to exceed typical monthly amounts.　　According to CoinGlass tracking data, open interest in LUNC derivative contracts surged to $37.85 million throughout the recent rally. This metric signals increased participation from short-term speculative traders.　　[[IMG_3]]Source: Coinglass　　Simultaneously, the community is voting on the v4.0.1 network upgrade proposal, with the governance period extending through May 6. This technical upgrade addresses historical blockchain vulnerabilities while seeking to enhance overall network efficiency.　　Regulatory Resolution and Future Development　　Terraform Labs has reached a settlement agreement with the Securities and Exchange Commission. Through its ongoing bankruptcy process, the

05-01Industry

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