Latest Crypto News & Market Updates

JPMorgan hires former Goldman Sachs exec for Kinexys. Here is why he believes tokenization is only half the battle

JPMorgan has hired former Goldman Sachs crypto executive Oliver Harris to lead its blockchain division Kinexys, marking a return to the bank as it expands its digital asset strategy.　　Harris previously worked at both JPMorgan and Goldman Sachs on early blockchain and tokenization efforts before launching Arda, a startup aimed at making real estate assets programmable. His appointment comes as large banks invest more heavily in blockchain systems that aim to speed up settlement and reshape how assets move across markets.　　Yet Harris has in the past struck a cautious tone on one of the industrys central ideas. “Tokenization does not equal liquidity,” he said during a panel at Consensus Toronto last year, pushing back on the notion that putting assets onchain automatically makes them easier to trade.　　Instead, he has argued that deeper structural changes are needed. In the same discussion, Harris pointed to the importance of building a unified system for moving value. “I get more interested about global settlement layer, where you can merge money, assets and data onto one software platform,” he said.　　That approach shifts the focus from simply digitizing assets to reworking the infrastructure behind them. Harris described a future where legacy financial systems are replaced or streamlined

04-30Industry

Polymarket Denies Alleged Data Breach Amid Dark Web Leak Claims

Tech　　Polymarket Denies Alleged Data Breach Amid Dark Web Leak ClaimsOne may obtain the data for free using its APIs instead of paying for it, the prediction market platform stated.The hacker group xorcat said in their post that they had obtained over 300,000 data, 10,000 of which were user profiles complete with usernames, photos, base addresses, and proxy wallets.　　There have been rumors circulating that a hacker on the dark web leaked what they said was a treasure mine of confidential user information from Prediction markets platform Polymarket, but the company has disputed the claims.　　On Tuesday, numerous X accounts that monitor the dark web—including cybersecurity firm Vecert Analyzer—shared pictures from DarkForums showing a hacker posing as “xorcat” and claiming to have compromised Polymarket.　　Data Already Accessible Onchain　　The hacker group xorcat said in their post that they had obtained over 300,000 data, 10,000 of which were user profiles complete with usernames, photos, base addresses, and proxy wallets. Polymarket condemned the data breach allegations as “complete and utter nonsense” and said that the hackers provided information is already accessible online.　　Many in the cryptocurrency field were on high alert in April after a dramatic increase in breaches and attacks using cryptocurrency. Web3 projects lost $482 million

04-30Industry

Brazil Senate rejects Lulas Supreme Court nominee, impacting 2026 election strategy

Bitcoin Ethereum News　　Brazil‘s Senate rejected President Luiz Inácio Lula da Silva’s nominee for the Supreme Court, a direct setback for his administration ahead of the 2026 presidential election. The market for Tarcísio de Freitas winning the 2026 Brazilian presidential race has not yet updated with new odds.　　Market reaction　　The market for Tarcísio de Freitas‘ potential victory is currently inactive, with no significant volume or price moves recorded. Traders appear to still be processing the implications of the Senate vote. The rejection weakens Lula’s hand in shaping the judiciary, which in Brazilian politics frequently decides major constitutional and policy disputes.　　Why it matters　　The failed nomination exposes cracks in Lulas Senate coalition with the October 2026 election approaching. The Supreme Court in Brazil rules on everything from electoral disputes to economic policy, so losing a seat appointment is not just symbolic. If Lula cannot hold his coalition together on judicial nominations, his ability to pass legislation and project strength as a candidate comes into question. Opposition figures like Tarcísio de Freitas benefit directly from that perception of weakness.　　What to watch　　A potential 15% movement in Tarcísio de Freitas‘ odds would represent a meaningful recalibration for traders. Key signals to monitor: whether Lula attempts another nominee

04-30Industry

Meta (META) starts stablecoin payout to creators in Circles USDC on Polygon, Solana via Stripe

Meta (META), the social media giant behind Facebook and Instagram, has started to offer stablecoin payout to creators, signaling a return to crypto-powered payments years after shelving its Libra project.　　The feature is currently available to a limited group of creators in Colombia and the Philippines, according to a Meta website. Eligible users can link a crypto wallet and receive payouts in Circles USDC token on the Solana or Polygon blockchain networks.　　The service is supported by payments firm Stripe, which will provide crypto-related reporting for users. Creators may receive tax documents from both Meta and Stripe tied to their earnings and digital asset transactions. A Stripe spokesperson confirmed the companys involvement to CoinDesk.　　“Businesses can now send stablecoin payouts directly to customers using Link,” said Jay Shah, head of Link at Stripe, referring to the company‘s customer checkout service. “We’re already partnering with Meta so their creators can receive stablecoins in their Link wallets in countries like the Philippines and Colombia.”　　The news comes after Meta sought the help of third-party vendors to administer stablecoin payments on its platforms, with Stripe among the leading contenders for the integration, CoinDesk reported in February.　　The move puts Meta, with over 3 billion users across its social

04-30Industry

Robinhood Stock Slides After Crypto Trading Slump Hits Q1 Earnings

Crypto　　Robinhood Stock Slides After Crypto Trading Slump Hits Q1 EarningsRobinhood saw a 47% year-on-year decline in crypto transaction revenue, going from $252 million to $134 million.Vladimir Tenev, CEO of Robinhood, said that market fluctuations were to blame for the decline in crypto revenue and trading volume.　　As a result of missing analyst expectations for Q1 revenue and a roughly 50% decline in crypto income and trading volume compared to a year ago, Robinhoods stock dropped 9.4% in after-hours trading.　　Based on the companys Q1 financial report, which was released on Tuesday, Robinhood saw a 47% year-on-year decline in crypto transaction revenue, going from $252 million to $134 million. Additionally, crypto trading volume plummeted 48% to $24 billion during the same time.　　Robinhood (HOOD) stock dropped 9.4 percent after the companys revenues of $1.07 billion and profits per share of $0.38 fell short of industry projections by 6.1% and 11.6%, respectively. Net income increased 3% year-on-year to $346 million, indicating that the firm remained profitable.　　Bear Market to Blame　　Vladimir Tenev, CEO of Robinhood, said that market fluctuations were to blame for the decline in crypto revenue and trading volume, but he also said that the firm is concentrating on developing crypto infrastructure and incorporating assets

04-30Industry

Bitcoin $90,000 Predictions Surge Across Social Media—Contrarian Signal?

Bitcoin　　Bitcoin $90,000 Predictions Surge Across Social Media—Contrarian Signal？　　Social media data shows trader calls for $90,000+ Bitcoin prices have registered a spike recently, a potential sign of FOMO brewing in the market.　　Bitcoin Has Seen An Uptick In Greedy Social Media Calls　　In a new post on X, analytics firm Santiment has talked about where the social media crowd is expecting Bitcoin to go next. The indicator of relevance here is the “Social Volume,” which measures the total number of posts/messages/threads containing unique mentions of a given term or topic that currently exist on the major social media platforms.　　As an initial filter, Santiment separated the social volume for Bitcoin-associated terms. Then, it further filtered it for terms related to price predictions. For bearish calls, the analytics firm has chosen the sub $50,000 to $59,000 price range, while for the bullish ones, it has selected the $90,000 to $99,000 range.　　Below is the chart shared by Santiment that shows how the Social Volumes related to the two types of calls have changed over the past month.　　As is visible in the graph, the Bitcoin Social Volume related to the sub-$60,000 prices shot up back at the start of April. This means that social media users were

04-30Industry

Amazon eyes AI hardware sales as Nvidia market cap odds shift

Amazon CEO Andy Jassy hinted at selling Trainium racks due to high demand, while the Polymarket contract on NVIDIA being the largest company by market cap on June 30 sits at 86% YES, down from 92% a day ago.　　Market reaction　　The NVIDIA June 30 market dropped eight points from 92% to 86% YES over the last 24 hours, with $8,602 in daily USDC volume. Traders are repricing NVIDIAs position as Amazon moves toward competing directly in AI hardware sales rather than just using custom chips internally.　　Why it matters　　The May 31 contract remains at 93.8% YES, so the eight-point spread between May 31 and June 30 suggests traders see a possible inflection point in June. Amazon selling Trainium racks would directly compete with NVIDIAs data center GPU business and reduce customer dependence on NVIDIA hardware. With 62 days to resolution, the June contract is reacting to that competitive threat.　　What to watch　　At 86%, buying YES at 86¢ pays 1.16x if NVIDIA retains the top spot. The market requires $13,111 to move the price 5 points, indicating meaningful liquidity. Key catalysts: further Amazon announcements on Trainium rack availability and pricing, and any NVIDIA earnings calls addressing AI demand or competitive positioning.

04-30Industry

OKX rolls out Agent Payments Protocol for full AI-driven transactions

OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol to support full-cycle business activity handled by AI systems.　　According to OKX, the newly launched protocol extends beyond simple transfers by enabling AI agents to manage commercial processes such as pricing, negotiation, escrow, settlement, and dispute handling.　　The exchange said that recent advances have pushed AI agents from basic responses into executing workflows and managing operations, where “the bottleneck shifted from intelligence to commerce,” adding that existing systems fail to support the full lifecycle of transactions.　　Full business execution for AI agents　　Built as an open standard, APP has been designed to function across multiple blockchains, with Solana and Ethereum identified as key networks in its initial rollout.　　At the implementation level, OKX said the protocol includes a Payment SDK that allows developers to integrate one-time, batch, and usage-based payments using its X Layer infrastructure, where transactions can be processed with low or no gas costs.　　Supporting this system, OKX has integrated its self-custodial Agentic Wallet, which uses trusted execution environments and operates across more than 20 chains.　　The company said the wallet allows AI agents to hold and transfer funds independently while maintaining security controls.　　Communication between agents has also been built

04-30Exchange

Ethereum Price Downtrend Gains Pace—Is A Steeper Drop Ahead?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.　　From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.　　As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.　　In addition to his roles in finance

04-30Ethereum

SOL Price Prediction: $90 Target Within 7 Days as Bulls Fight Back

Technical Setup Points to Imminent Move　　Solana trades at $84.70 in a tight consolidation pattern that typically precedes significant price action. The RSI at 48.37 sits in neutral territory while MACD histogram hovers near zero, creating a coiled spring effect where momentum can shift rapidly in either direction. Bollinger Bands positioning at 0.37 shows SOL trading in the lower half of its recent range but still above oversold levels.　　The critical resistance at $86.33 represents the gateway to higher prices, with strong support established at $82.17 creating a well-defined $4 trading range. Moving averages cluster around current price levels, suggesting equilibrium before the next directional move. Daily volume of $123 million provides adequate liquidity for any breakout attempt.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full SOL price, calculator & analysis　　Market Structure Reveals Bullish Undercurrents　　Despite surface-level weakness, the derivatives market shows underlying strength with retail traders holding 72.6% long positions and institutional sentiment even more bullish at 73.8%. The aggressive selling pressure reflected in the 0.72 buy/sell ratio creates near-term headwinds but also sets up potential short covering rallies.　　Open interest declined 0.61% over 24 hours as some leveraged positions unwound, reducing the overhang

04-30Industry

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