Latest Crypto News & Market Updates

Bill Ackmans $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision

Finance　　Bill Ackmans $5 billion Pershing Square IPO to start trading, testing Berkshire-style vision　　Bill Ackman, Founder and CEO, Pershing Square Capital Management speaks about higher education and Harvard University during at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 6, 2025.　　Patrick T. Fallon | Afp | Getty Images　　Bill Ackmans long-awaited push into public markets is set to debut Wednesday, marking a scaled-back but still ambitious step toward building a Berkshire Hathaway-like investment platform.　　The Pershing Square Capital Management founders combined initial public offering raised $5 billion, pricing at the low end of expectations after marketing a deal that initially targeted between $5 billion and $10 billion. The haul is a far cry from earlier ambitions floated two years ago to raise as much as $25 billion.　　The transaction creates two separately traded entities on the New York Stock Exchange: closed-end fund Pershing Square USA Ltd., which will trade under the ticker PSUS, and asset manager Pershing Square Inc., listed as PS. The dual structure allows investors to gain exposure either to the underlying portfolio or to the management business itself.　　“Hedge funds are sort of known for managing money for rich people. And now we

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Tax season fuels rise in crypto wallet scams, Kaspersky reports

Crypto holders are not the only targets.　　Kaspersky found a larger number of phishing sites in the same countries that were stealing personal information from regular taxpayers. One fake site in Chile promised a tax refund of about $375, but then took money directly from the victims credit card.　　In Colombia, fake government websites tricked people into downloading ZIP files that were password-protected and installed malware on their devices.　　A French campaign pretended to be a tax auditor and sent out a PDF with malware instead of an official document, warning people about incomplete income filings.　　In Brazil, scammers set up websites that claim to help people file their taxes for a fee. They then collect names, phone numbers, addresses, birth dates, email addresses, and taxpayer identification numbers (TINs).　　Kaspersky said that giving out a TIN makes victims vulnerable to fake loan applications, hacked government accounts, and more social engineering attacks.　　A growing threat environment for crypto holders　　Tax phishing schemes expose crypto holders to danger from multiple sides.　　In January 2026, French crypto tax application Waltio disclosed that hackers from the group “Shiny Hunters” claimed to have stolen personal data from ~50,000 users, according to Cryptopolitans reporting at the time.　　Waltio, which helps users calculate capital gains for

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Liminal Custody Partners with Taiwan Mobile & SYSTEX to Build Taiwans Institutional Digital Asset Infra

Finance　　Liminal Custody Partners with Taiwan Mobile & SYSTEX to Build Taiwans Institutional Digital Asset Infra　　Tech-driven synergy: Empowering banks, VASPs, and enterprises to seize virtual asset opportunities with institutional-grade blockchain infrastructure in a maturing regulatory environment.　　Liminal Custody, a Singapore-headquartered institutional digital asset wallet infrastructure platform, today announced a strategic partnership with Taiwan Mobile, one of Taiwan‘s most established telecommunications groups. Under this collaboration, Taiwan Mobile and its strategic partner SYSTEX will serve as Liminal Custody’s distribution partner in Taiwan, bringing institutional-grade digital asset custody and wallet infrastructure to banks, virtual asset service providers (VASPs), and enterprises operating in the local market.　　The partnership arrives at a defining moment for Taiwan‘s digital asset sector. Taiwan’s Financial Supervisory Commission has already approved five banks for a virtual asset custody pilot programme, signaling active institutional demand for compliant custody infrastructure ahead of the Virtual Asset Service Acts expected passage. The partnership positions both organizations to serve the growing demand for compliant, bank-grade custody infrastructure across the island nation.　　Linking Compliance Value: Empowering Digital Finance Transformation with Robust Blockchain Infrastructure 　　This collaboration brings together Liminal Custody‘s specialized blockchain infrastructure expertise with Taiwan Mobile’s extensive enterprise reach and established relationships across the financial services sector.Liminal Custody contributes proven

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UN reports Iran executes 21, arrests 4,000 amid Israel conflict crackdown

Tech　　UN reports Iran executes 21, arrests 4,000 amid Israel conflict crackdown　　The UN reports Iran has executed at least 21 people and arrested over 4,000 since the war with Israel began. The Iranian regime fall by April 30 market sits at 0.1% YES, unchanged from yesterday.　　The continued crackdown has not moved expectations around the Iranian regimes stability. The April 30 market remains at 0.1% YES, pricing in near-zero likelihood of imminent regime collapse. The May 31 market holds at 3% YES, a consistent low probability for change within the next month. These markets have $2.6M in face value and $92.5K in actual USDC traded daily.　　The UN report fits a pattern of the regime tightening its grip, which makes the prospect of Reza Pahlavi entering Iran by June 30 even more remote (that market has yet to see significant volume). Iranian leadership change by December 31 also looks less likely given the regimes demonstrated control over dissent through mass arrests and executions.　　For traders, current odds price in deep skepticism about near-term regime change despite international condemnation. At 3¢, a YES share for regime fall by May 31 pays $1 if it resolves, but the trade requires belief in a significant shift within

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CAD: BoC hawkish tilt with conflict risks – MUFG

Finance　　CAD: BoC hawkish tilt with conflict risks – MUFG　　Derek Halpenny at MUFG highlights that the Canadian Dollar (CAD) has held up well versus the US Dollar since the Middle East conflict began, with markets expecting the Bank of Canada (BoC) to keep rates unchanged but adopt a more hawkish tone. He sees higher, more persistent inflation risks and a short-term bias favouring the US Dollar (USD), though CAD should outperform other energy-importing G10 currencies in a re-escalation scenario.　　BoC steady but more inflation focused　　“In addition to the FOMC, the Bank of Canada meets today and an unchanged monetary stance is widely expected. We also get the release of the Monetary Policy Report and we will likely see a downward revision to GDP growth for this year along with an upward revision to inflation.”　　“In a de-escalation scenario it seems reasonable to us to assume that a retracement in energy prices will be to levels that are still higher than pre-conflict levels if you assume some amount of additional geopolitical risk premium is likely to remain. That means a higher level of inflation than assumed prior to the conflict that may become difficult to look through.”　　“However, at todays meeting the backdrop will be

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Wall Street analysts update Meta stock price target ahead of Q1 earnings

Finance　　Wall Street analysts update Meta stock price target ahead of Q1 earnings　　Ahead of Meta Platforms‘ (NASDAQ: META) Q1 2026 earnings release, a majority of Wall Street analysts are bullish on the company’s stock.　　Notably, Wall Street expects quarterly revenue of about $55.56 billion, up 31% year over year. Advertising revenue is projected at roughly $53.93 billion, a 30% increase, while earnings per share are estimated at around $6.67, with some forecasts as high as $6.73.　　This earnings report is a key test for Meta, as investors look for proof that heavy AI spending can translate into sustained revenue growth.　　The focus is on whether AI-driven gains in ad targeting, engagement, and automation can justify one of the tech sectors largest capital expenditure cycles.　　Ahead of the earnings, scheduled for market close on April 29, META is showing volatility, trading at $664 as of press time, down about 1%. Year to date, the equity remains up 2%, while over the past month, Meta shares have rallied nearly 25%.　　Regarding the stock outlook, according to aggregated data from 33 analysts over at , META carries a ‘Strong Buy’ rating, with 28 buy recommendations, five holds, and no sell calls.　　The average 12-month price target stands at $852.64, implying

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Stables Accelerates Asia Expansion After 466% Growth With eStable Integration

Stables has announced a strategic partnership with eStable that could mark an important step in the companys evolution from a USDT-focused payments platform into a broader stablecoin infrastructure layer for Asia.　　The company said the collaboration will combine eStable‘s institutional-grade banking infrastructure with local stablecoin issuing capabilities, giving Stables’ developer customers access to new rails for moving between fiat and stablecoins more efficiently.　　The integration is designed to support both institutional settlement and the minting of local currency stablecoins, with backing from USDT and Tethers Hadron. The announcement comes as Stables reports 466% yearly growth, showing how quickly demand for stablecoin-based payment infrastructure is expanding across the region.　　For Stables, the partnership appears to be more than a simple product extension. It is a signal that the company is positioning itself as a key infrastructure layer for fintech builders who need compliant and programmable ways to move money across Asian markets.　　“We started by building the developer platform for accessing USDT in Asia,” said Bernardo Bilotta, CEO and co-founder of Stables. “With eStable, we are going deeper, giving developers worldwide access to institutional banking rails and local stablecoin issuing rails backed by USDT and Hadron that opens up entirely new use cases across the

04-29Industry

Solana Price Prediction: Analyst Flags 10% SOL Move At Triangle Apex As Quantum Protection Sits Ready

Tech　　Solana Price Prediction: Analyst Flags 10% SOL Move At Triangle Apex As Quantum Protection Sits ReadySOL trades at $84.63, inside a CRT range between $84.43 and $85.05 with the SAR at $84.27 as the immediate floor.Analyst Ali Charts flagged SOL approaching a triangle apex with a 10% move setup, targeting $93 on a breakout.Solana Foundation confirmed Falcon post-quantum protection is implemented and ready to activate without disrupting network performance.　　Solana trades at $84.63 on April 29, sitting at the apex of a descending triangle that analyst Ali Charts says is coiling for a 10% move, as the Solana Foundation released a quantum readiness report confirming post-quantum protection is already built and deployable without disrupting network performance.　　SOL Hourly Chart: CRT Range Forms Right At The Triangle Apex　　The CRT setup has defined a candle range with the high at $85.05 and the low at $84.43. Price sits at $84.63, inside the range and above the SAR at $84.27. The 20-day EMA at $84.24 sits just below the SAR, creating a support cluster between $84.24 and $84.27.　　The CRT range measures 62 cents from $84.43 to $85.05. The three-times measured target projects to approximately $86.91 above the range high, aligning with the upper boundary of

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Meme Coins Rally: DOGE Hits $0.1 in Short Squeeze, SHIB Jumps on Golden Cross

Tech　　Meme Coins Rally: DOGE Hits $0.1 in Short Squeeze, SHIB Jumps on Golden Cross　　The altcoin market turned green on Wednesday with most tokens already flashing oversold conditions. Meme coins rallied on strong inflows with Dogecoin and Shiba Inu posting up to double-digit gains.　　Dogecoin jumped as much as 15% to reach an intraday high of $0.112, posting stronger gains among the top ten cryptocurrencies by market cap. Following days of muted price action, Dogecoin saw a sharp move from $0.099 to $0.112, breaking the $0.1 barrier, which had previously limited its price for most of 2024 (since February).　　Traders continue to pour capital into DOGE futures, lifting the OI by more than 28% in a single day to $1.81 billion, the highest since Oct. 10. The move higher caught Dogecoin shorts unaware, creating a squeeze that lifted the price higher.　　You Might Also Like　　According to CoinGlass data, a significant amount of short positions were liquidated in the last 24 hours, totaling $21.33 million while long positions surpassed $451,420.　　SHIB jumps on golden cross　　SHIB likewise saw a major surge, posting its largest gain in recent weeks. SHIB surged from $0.00000612 to $0.00000656, gaining more than 6%.　　XRP Wins Weekly ETF Race vs. Bitcoin as $1 Billion

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A tiny group is winning on Polymarket as under 1% of wallets take half the profits

A small group of traders may be driving prediction markets, but an even smaller group is taking most of the money.　　A new report from blockchain analytics firm Solidus Labs finds that profit concentration on Polymarket is extreme, with fewer than 1% of wallets capturing roughly half of all gains in key markets.　　Across Polymarkets politics markets between December 2025 and February 2026, just 0.55% of profitable maker wallets captured 50% of gains, the report finds, while 0.26% of winning taker wallets accounted for nearly the same share. In dollar terms, roughly $8 million of about $16 million in profits accrued to each of those tiny cohorts.　　The data sharpens a picture already forming in academic work: A London Business School and Yale paper previously analyzed by CoinDesk found that about 3% of Polymarket traders drive most price discovery.　　A small minority moves the prices. A smaller minority keeps the money.　　The contrast underscores a key point: concentration does not necessarily imply wrongdoing. Some traders are simply more sophisticated, better capitalized, or faster to act on information. But the report argues that the scale of the imbalance suggests a structural divide between a small group operating with significant advantages and the broader base of participants.　　“The

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