Latest Crypto News & Market Updates

When Will the Royal Government of Bhutan Stop Selling Bitcoin?

The Royal Government of Bhutan has continued reducing its Bitcoin holdings, raising questions over how long the countrys selling activity may continue after months of steady outflows from state-linked wallets.　　According to reports, Bhutan has sold more than $200 million worth of Bitcoin since the start of 2026. The kingdom now holds roughly 3,400 to 3,800 BTC, valued near $263 million to $272 million, depending on market prices and wallet-tracking estimates.　　was built through state-backed mining operations linked to its hydroelectric power resources. At its peak in late 2024, the countrys holdings were estimated at nearly 13,000 BTC. Since then, more than 70% of that balance has been moved out through repeated transfers.　　Bhutan Cuts Bitcoin Holdings From Peak　　On-chain data shows Bhutan has sold about 9,579 BTC since its peak holdings were recorded. The latest transfer involved 100 BTC, worth nearly $7.8 million, moving from government-linked wallets.　　The sales have not appeared as a single large liquidation. Instead, Bhutan has moved Bitcoin in smaller batches, often valued between $5 million and $10 million. Some transfers have gone to exchange-linked wallets, trading firms, OTC desks, and unlabelled addresses.　　Source:　　This pattern suggests a managed selling strategy rather than a sudden market exit. Smaller transactions may reduce the

04-30Industry

Trust Wallet Brings the Perp DEX War to Mobile With Hyperliquid Integration

Trust Wallet, one of the worlds leading self-custody crypto wallets with over 220 million downloads, has integrated Hyperliquid, a high-performance decentralized blockchain that has executed over $4 trillion in trading volume, giving active traders deeper liquidity, more markets, and faster execution, all without leaving the app.　　Crypto traders are increasingly demanding tighter spreads, deeper liquidity, and a wider range of markets. Additionally, perp trading has long been dominated by desktop-first platforms. With Hyperliquid now available alongside Trust Wallets existing perp providers, serious traders have everything they need in one place, i.e. spot, perps, and asset breadth, including real-world assets (RWAs), without switching platforms.　　The integration also opens a new category of markets for Trust Wallet users. Hyperliquid offers perpetual contracts – agreements to speculate on an assets price movement using leverage, without holding the asset itself – on real-world assets, including oil, precious metals, and equities (including the S users should review all relevant disclosures before trading.　　About Trust Wallet　　Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around

04-30Industry

Powell may stay at Fed past chair term, impacting Warsh confirmation timeline

Jerome Powell might continue at the Fed beyond his chair term, with the Powell out as Fed Chair by May 14 market sitting at 4% YES, up from 2% a day ago.　　The sharpest moves are in the May 15 and May 31 contracts. The May 15 market jumped to 74% YES from 26% yesterday. The May 31 odds hit 97% YES, up from 58% a week ago. The 70-point gap between the May 14 and May 15 contracts tells a clear story: traders expect something specific to happen on or around May 15.　　In the related Fed Chair Confirmation market, Kevin Warshs confirmation by May 15 holds at 92% YES, unchanged over 24 hours. That stability, even as the Powell timeline gets murkier, suggests traders see the confirmation process as largely independent of when Powell formally exits.　　The two markets differ sharply in liquidity. The combined “Powell Out” contracts traded $25,950 in daily USDC, with just $3,604 needed to move the May 14 market by 5 points. That thin book explains the 48-point spike, the largest single move. The Warsh confirmation market traded $27,187 in daily USDC but requires $23,574 to shift odds by 5 points, making it far harder to move.　　Powell

04-30Industry

Dogecoin Compression Nears End: Big Move Brewing In Either Direction

Dogecoin is approaching a critical inflection point as its price action tightens within a narrowing range. As key levels come into focus, the next breakout, whether upward or downward, could define DOGEs short-term trend and unfold with significant momentum.　　Dogecoin Tightens Range: Triangle Compression Signals Imminent Move　　According to a recent technical analysis by ChiefraT, Dogecoin is currently navigating a tightening triangle structure on its price chart. This pattern indicates a period of significant range compression, where the price is being squeezed between converging trendlines. As of the post, the asset was pushing directly into the upper trendline resistance, signaling an imminent volatility period.　　The significance of this moment cannot be overstated, as the narrowing range suggests that a breakout or breakdown is imminent. When price action becomes this compressed within a triangle, it often serves as a coiled spring, building up the necessary energy for a decisive move.　　Supporting the bullish case is the Relative Strength Index (RSI), which has been steadily climbing and is now positioned near the upper zone, reflecting strengthening momentum behind the current price push. With both the price action and the momentum oscillator hitting critical levels simultaneously, the technical confluence suggests that the market is reaching a major

04-30Industry

Concentration of AI stocks inside S&P 500 hits dot-com bubble peak

The 10 largest AI stocks now make up about 41% of the S&P 500, according to a BofA Global Research chart circulated online.　　That puts the AI basket at the same concentration level that tech and telecom reached around the dot-com peak. The BofA chart put the Nifty Fifty at 40% in the 1970s and Japan at 44% in the late 1980s.　　The comparison turns a stock-market concentration warning into a stress test for a corner of crypto that has spent the past year selling investors a new identity.　　The market concentration is the stress trigger. Miner disclosures and mining reports supply the exposure map.　　Public Bitcoin miners increasingly trade as hybrid infrastructure companies with BTC exposure. Many have signed AI or high-performance computing contracts, raised capital for denser data centers, converted premium power sites, or shifted investor attention toward long-term lease economics.　　If the AI infrastructure premium fades, those companies face a different kind of pressure. The risk moves from hashprice alone into debt, contract durability, construction execution, and equity multiples.　　At the same time, Bitcoin gets a second-order test. A weaker AI buildout could ease the scramble for power, rack space, interconnections, cooling equipment, and GPUs.　　That would hurt miners whose new valuations depend on

04-30Industry

Trust Wallet Brings the Perp DEX War to Mobile With Hyperliquid Integration

Trust Wallet, one of the worlds leading self-custody crypto wallets with over 220 million downloads, has integrated Hyperliquid, a high-performance decentralized blockchain that has executed over $4 trillion in trading volume, giving active traders deeper liquidity, more markets, and faster execution, all without leaving the app.　　Crypto traders are increasingly demanding tighter spreads, deeper liquidity, and a wider range of markets. Additionally, perp trading has long been dominated by desktop-first platforms. With Hyperliquid now available alongside Trust Wallets existing perp providers, serious traders have everything they need in one place, i.e. spot, perps, and asset breadth, including real-world assets (RWAs), without switching platforms.　　The integration also opens a new category of markets for Trust Wallet users. Hyperliquid offers perpetual contracts – agreements to speculate on an assets price movement using leverage, without holding the asset itself – on real-world assets, including oil, precious metals, and equities (including the S users should review all relevant disclosures before trading.　　About Trust Wallet　　Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around

04-30Industry

GSR says Crypto Core3 ETF is simple gateway for mainstream investors

Whats new: GSR has launched its first ETF built around three major tokens with active management layered on top.The fund holds Bitcoin, Ethereum and Solana, with weekly rebalancing to adjust market exposure, said GSR Managing Director of Asset Management, Andy Baehr on CoinDesks Public Keys.It includes staking rewards for Ethereum and Solana, adding yield on top of price exposureThe goal: offer a core portfolio investors can hold without constant trading decisions　　Why it matters: Crypto ETFs are shifting from trading tools to long-term allocation products.Institutional players like Morgan Stanley and Goldman Sachs are tailoring crypto ETFs for wealth clients, Andy saidAdvisors increasingly need simple, diversified crypto exposure beyond just BitcoinGSR is betting investors want a single, easy entry point rather than complex multi-token baskets　　The strategy: A mix of macro stability and growth upside.Bitcoin serves as the macro asset and store of value in the portfolioEthereum and Solana represent growth tied to stablecoins, tokenization and on-chain activityActive weighting aims to tilt toward Bitcoin in downturns and toward ETH/SOL in growth cycles　　Reading between the lines: This is a bet on core crypto consolidation.GSR rejected market-cap weighting as too Bitcoin-heavy and broad indexes as too complexThe firm sees Ethereum and Solana as the leading

04-30Industry

Concentration of AI stocks inside S&P 500 hits dot-com bubble peak

The 10 largest AI stocks now make up about 41% of the S&P 500, according to a BofA Global Research chart circulated online.　　That puts the AI basket at the same concentration level that tech and telecom reached around the dot-com peak. The BofA chart put the Nifty Fifty at 40% in the 1970s and Japan at 44% in the late 1980s.　　The comparison turns a stock-market concentration warning into a stress test for a corner of crypto that has spent the past year selling investors a new identity.　　The market concentration is the stress trigger. Miner disclosures and mining reports supply the exposure map.　　Public Bitcoin miners increasingly trade as hybrid infrastructure companies with BTC exposure. Many have signed AI or high-performance computing contracts, raised capital for denser data centers, converted premium power sites, or shifted investor attention toward long-term lease economics.　　If the AI infrastructure premium fades, those companies face a different kind of pressure. The risk moves from hashprice alone into debt, contract durability, construction execution, and equity multiples.　　At the same time, Bitcoin gets a second-order test. A weaker AI buildout could ease the scramble for power, rack space, interconnections, cooling equipment, and GPUs.　　That would hurt miners whose new valuations depend on

04-30Industry

Visa Partners Coinbases Base, Polygon & More For Stablecoin Push

Visa Inc. has extended its stablecoin settlement program to include five more blockchain networks, including Coinbases Base and Polygon. It aims to further expand its investment in stablecoin payments. The partnership increases the number of chains supported in the program to nine, as the firm moves to upgrade the global settlement system.　　Visa Announces Partnership With Major Layer 1 Blockchain Networks　　The latest additions include Coinbase‘s Labs and Polygon. According to today’s announcement, Visa has also collaborated with layer-1 blockchains like Arc, Canton and Tempo. With these partnerships, Visa aims to use specific applications including institutional settlement, managing liquidity and developing programmable financial applications.　　Visa executive Rubail Birwadker explained the planned transition to interoperability. He said, “Our partners are building in a multi-chain world, and they expect their options to reflect that reality.”　　The announcement comes amid a surge in stablecoin adoption in markets. The payments platform stated that its pilot has achieved an annualized settlement value of $7 billion, up 50% from the previous quarter.　　Visas platform now enables transactions across regions in Latin America, Europe and Asia, along with increased access for U.S. financial institutions.　　A Look At Base & Polygons Official Comments　　Jesse Pollak, founder of Base, spotlighted the impact of this partnership. Pollak

04-30Industry

Pumpfun Announces 50% Revenue Buyback-and-Burn Model

PUMP briefly rallied today on news that the platform has burned ~36% of the tokens circulating supply from previous buybacks.　　Solana memecoin launchpad pumpfun announced Monday evening on X that it has burned approximately $370 million worth of previously bought-back PUMP tokens — roughly 36% of the circulating supply — and is pivoting to a programmatic buyback-and-burn policy funded by 50% of all future revenue for one year.　　PUMP briefly rallied 5% on the news today, before retracing and is now flat over the past 24 hours.　　The move marks a significant structural shift for the platform. Since launching, pumpfun had been directing 100% of revenue toward PUMP buybacks, but the approach drew persistent community criticism over a lack of transparency — specifically around what would happen to repurchased tokens and whether buybacks would continue long-term.　　Now, rather than accumulating bought-back tokens in a treasury, pumpfun will burn 100% of all future buyback purchases immediately upon acquisition, the company explained. The 50% buyback allocation covers net revenue from its Bonding Curve, PumpSwap, and Terminal products. The remaining 50% will fund operations, hiring, and strategic investments, pumpfun said in the X post.　　In a separate post on X, co-founder Alon framed the change as essential for

04-30Industry