Latest Crypto News & Market Updates

Shinhan Card Partners Solana Foundation to Pilot Stablecoin Payments

At the center of the partnership is a plan to simulate real-world payment scenarios using s test network. The companies will test transactions between consumers and merchants while evaluating the performance and reliability of the under commercial conditions.　　A key focus will be non-custodial wallets, which allow users to hold and manage their own funds without intermediaries. Shinhan Card said it intends to assess both the technical stability and operational viability of such wallets, with an emphasis on balancing user control and security.　　Beyond payments, the collaboration will explore a hybrid financial model that merges traditional banking systems with . Shinhan plans to use technology to connect real-world transaction data with networks, enabling execution tied to off-chain activity. The firm will also develop monitoring tools to oversee these systems, aiming to ensure consistency and reliability.　　The move highlights how established financial players are approaching adoption cautiously, focusing first on controlled testing environments before committing to full-scale deployment. Shinhan Card said it will use the results of the joint research to guide future product development, while aligning any rollout with evolving regulatory standards.　　Pilot Follows South Koreas Digital Asset Act　　Regulation remains a key variable. South Korea is in the process of finalizing the Digital Asset

04-30Industry

Pound Sterling faces pressure after BoE leaves interest rates unchanged at 3.75%, as expected

Finance　　Pound Sterling faces pressure after BoE leaves interest rates unchanged at 3.75%, as expected　　The Pound Sterling (GBP) faces selling pressure, prima facie, after the Bank of Englands (BoE) monetary policy announcement. As expected, the BoE has left interest rates unchanged at 3.75%, with an 8-1 majority. This is the third straight meeting that the BoE has maintained the status quo.　　BoE Chief Economist Huw Pill was the one Monetary Policy Committee (MPC) member who dissented from the hold decision and voted for an interest rate hike. Pill was expected to advocate an interest rate hike, as he stated in an event in the middle of the month, that interest rates should be raised for inflation to return to the central banks 2% target.　　The BoE needs to make decisions that give “the most insurance” against a repeat of the 2022 inflation shock, Pill argued, warning against a “wait and see approach,” Bloomberg reported.　　Meanwhile, the US Dollar (USD) faces intense selling despite growing concerns over the Strait of Hormuz outlook and a hawkish Federal Reserve (Fed) hold.　　United States (US) President Donald Trump stated on late Wednesday that Washingtons naval blockade of Iranian sea ports will continue until Iran gives up its nuclear ambitions.　　On

04-30Industry

ECB: Expected to hold rates with hawkish risks – TD Securities

Bitcoin Ethereum News　　TD Securities strategists expect the European Central Bank (ECB) to leave the deposit rate at 2.00%, reiterating a meeting-by-meeting approach without pre-committing on future moves. However, recent inflation expectations data raise the risk of a more hawkish press conference. President Lagarde is seen acknowledging potential need to move rates if incoming data continue to support higher inflation expectations.　　ECB steady but hawkish risk elevated　　“We expect the ECB to keep the deposit rate on hold at 2.00%, with the press conference being an extension of the last with an update on where things stand today in relation to the March projections, but no explicit commitment to future decisions.”　　“As such, the statement should maintain the meeting-by-meeting approach and the Governing Council would not ”pre-commit to a particular rate path“.”　　“However, the risks of a hawkish message in the press conference have increased given the outsized CES [Consumer Expectations Survey] 3-year inflation expectations release.”　　“Though Lagarde is unlikely to signal exact timing, we expect her to give a nod to the need to move off the perch if more data evidence supports the CES lean.”　　“Put together, we expect the lack of clear evidence of pass through to core inflation and faltering GDP growth would

04-30Industry

Will Ethereum fall below $2,000 as it loses trendline support?

Ethereum price has broken down from an ascending trendline support on the daily chart — April 30　　Each time Ethereum tested the support, it rebounded back above, making it a key foundation for the recent rally. As such, a decisive breakdown below the trendline has opened Ethereum to intensified selling pressure, with the overall momentum shifting to bears.　　Technical indicators point out that bears have been gaining dominance over the market, likely attempting to pressure prices even lower. Notably, the Aroon Down indicator has surged to 92.86% while the Aroon Up has plummeted to 7.14%.　　At the same time, the MACD lines have formed a bearish crossover, which further solidifies the current downward trajectory.　　The last time Ethereum formed such a bearish signal in mid January, it came crashing down over 45% in less than a month.　　Hence, the path of least resistance for Ethereum points toward the $2,000 mark, a breakdown from which could open the door for a much sharper decline.　　On the contrary, if the price manages to break out from the $2,400 resistance zone that has been limiting its recovery, the market could see a sudden reversal of this negative trend.

04-30Ethereum

BNB Technical Analysis Apr 30

Tech　　BNB Technical Analysis Apr 30　　BNB continues in a downtrend; remains below EMA20 and Supertrend issues a bearish signal. Critical support around $609 is being tested, with RSI neutral while MACD exerts negative pressure.　　Executive Summary　　BNB is trading around $617, with the overall technical picture showing a bearish outlook. The price is positioned below EMA20 ($624.36), and Supertrend resistance stands out at $664.92; RSI remains neutral at 46, but MACD supports downside momentum with a negative histogram. Critical support at $609.28 (84/100 strength) poses risk, and if the upper resistance at $620.40 (68/100) cannot be overcome, bearish targets may activate. Bitcoins incorrect movement could create pressure on altcoins; check detailed data in BNB Spot Analysis and BNB Futures Analysis.　　Market Structure and Trend StatusCurrent Trend Analysis　　BNB shows a clear downtrend dominance in its overall trend direction; it closed in the $610.26-$629.61 range with a 1.54% decline over the last 24 hours. Failure to form higher highs/lower lows in the long-term structure confirms movement within a bearish channel. In the short term (1D), the price continues to stay below EMA20, issuing a short-term bearish signal. Multi-timeframe analysis shows upward movement limited with 1 support/4 resistance points on the 1D chart; there is no structural

04-30Industry

Crypto becomes X’s most-muted topic as AI slop takes over

Crypto has become the most-muted topic on X since the platform launched its snooze feature. Crypto ranked as the most-muted topic on X, ahead of politics, sports, and business.Xs snooze feature lets Premium users hide unwanted topics from For You feeds for 24 hours.AI-generated spam and InfoFi posting likely drove more users to mute crypto content.　　The shift comes as users complain about AI-generated spam and low-quality engagement farming across Crypto Twitter.　　X head of product Nikita Bier said crypto is now the most-muted topic on the platform. It ranked ahead of politics, the Iran conflict, sports, business, and finance.　　The ranking follows the launch of Xs snooze feature on April 22. The tool lets Premium users hide topics from their For You feed for 24 hours.　　AI slop weighs on Crypto Twitter　　Bier previously described the feature as a way to “crank up or turn down the slop.” The comment pointed to growing concern over low-quality posts on the platform.　　Crypto feeds have faced rising spam from AI-generated posts and InfoFi apps. These apps rewarded users for engagement, which pushed many accounts to post more often.　　Additionally, X changed its API policies in January to block apps that paid users to post. The move aimed to

04-30Industry

Australia payments draft eyes stablecoin interoperability

Australias future payment rails may need to support stablecoins and tokenized fiat money. A new draft vision says account-to-account systems could adapt as tokenized money moves closer to mainstream use.Australias draft payments vision identifies stablecoins as a future force in A2A payment systems.The draft says payment rails may need to connect bank money with tokenized fiat.Australia is also testing tokenized settlement through Project Acacia and wider digital asset rules.　　The draft was co-developed by the Account-to-Account Payments Roundtable. Members include AusPayNet, Australian Payments Plus, the Reserve Bank of Australia, and the Commonwealth Treasury.　　The document lists digital assets among the outside forces that could shape Australias future payment systems. It says tokenized money could change how payments are settled and automated.　　Stablecoins move into payments planning　　The draft said, “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption.”　　It added that programmable, ledger-based value could support new settlement models. These systems may also allow payments to run with wider availability and more automation.　　Moreover, the document said account-to-account systems “may need to support secure interoperability between account-based money and tokenised representations of fiat currency.”　　This would allow funds to move between bank-based money and tokenized versions of fiat currency. The

04-30Industry

Will Ethereum fall below $2,000 as it loses trendline support?

Each time Ethereum tested the support, it rebounded back above, making it a key foundation for the recent rally. As such, a decisive breakdown below the trendline has opened Ethereum to intensified selling pressure, with the overall momentum shifting to bears.　　Technical indicators point out that bears have been gaining dominance over the market, likely attempting to pressure prices even lower. Notably, the Aroon Down indicator has surged to 92.86% while the Aroon Up has plummeted to 7.14%.　　At the same time, the MACD lines have formed a bearish crossover, which further solidifies the current downward trajectory.　　The last time Ethereum formed such a bearish signal in mid January, it came crashing down over 45% in less than a month.　　Hence, the path of least resistance for Ethereum points toward the $2,000 mark, a breakdown from which could open the door for a much sharper decline.　　On the contrary, if the price manages to break out from the $2,400 resistance zone that has been limiting its recovery, the market could see a sudden reversal of this negative trend.

04-30Industry

Russian mafia ties exposed as Polish exchange Zondacrypto failures continue

Zondacrypto, arguably the largest exchange on the Polish coin market, has been under the control of a notorious Russian gang, according to Polands counterintelligence.　　The troubled trading platform, which halted withdrawals this month amid insolvency fears, is at the focal point of a heated political clash in Warsaw over crypto regulation.　　Zonda allegedly run by the Tambov crime syndicate　　Poland‘s leading digital-asset exchange, Zondacrypto, has been controlled by the Tambov gang, one of Russia’s oldest and largest organized crime groups.　　The Polish daily Gazeta Wyborcza made the claim this week, citing information from the countrys Internal Security Agency (ABW) in a report widely quoted by Russian media.　　According to a memo circulated by the civilian intelligence service, the Russian mobsters acquired a controlling stake in the exchange back in 2018.　　They bought it through a Polish intermediary when the company was known as BitBay and was experiencing difficulties, the newspaper detailed in its article.　　The crypto exchange, one of the largest in Central and Eastern Europe, later relocated to Estonia and obtained a license from the Baltic state, but remained focused on Polish customers.　　The shares were officially purchased by three companies registered in the UAE, headed by BitBay co-founder Sylwester Suszek, GW also wrote.　　However, the deal was

04-30Industry

BTC price faces $80,000 resistance as derivatives shows signs of risk aversion: Crypto Markets Today

Bitcoin , while its slightly in the green may be in for a shock. The largest cryptocurrency has gained less than 0.5% since midnight UTC, and strong moves toward $80,000 are likely to run into opposition.　　Thats because short-term holders have a cost basis around that price, Luke Deans, a senior research associate at Bitwise, told CoinDesk. A move above may convince them to take profits and sell, capping any advance.　　Another headwind may present itself in the form of U.S. March PCE inflation, which lands as oil prices keep pressure on risk assets. West Texas Intermediate crude has surged to as high as $110, and reduced traffic through the Strait of Hormuz has kept energy markets fragile.　　Wednesday‘s Federal Reserve decision to hold the federal funds rate steady is also weighing on the market. Specifically, a whopping four dissenting voices, the most since 1992, with one governor pushing for a cut and three regional presidents opposing the statement’s suggestion that the Fed would resume easing.　　Deans also said altcoins remain tied to bitcoin, with the 180-day correlation and beta percentiles near 97% and 99%. That means tokens may move like levered bitcoin trades today.　　“Beneath the surface, conditions typically associated with rising volatility appear

04-30Industry

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