Latest Crypto News & Market Updates

Germany annual CPI inflation rises to 2.9% in April vs. 3% expected

Finance　　Germany annual CPI inflation rises to 2.9% in April vs. 3% expected　　Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.9% (preliminary estimate) in April from 2.7% in March. This print came in below the market expectation of 3%. On a monthly basis, the CPI was up 0.6%, as anticipated.　　The Harmonized Index of Consumer Prices, the European Central Banks (ECB) preferred gauge of inflation, increased 2.9% on a yearly basis in April following the 2.8% rise recorded in March.　　Market reaction　　These data failed to trigger a noticeable market reaction. At the time of press, EUR/USD was trading at 1.1705, down 0.05% on a daily basis.

04-29Industry

Solana Price Tightens as Bears Target $77 Breakdown

Tech　　Solana Price Tightens as Bears Target $77 Breakdown　　Solana is navigating a tense short-term phase as price action tightens around key levels. Recent chart developments suggest a clash between bearish breakdown signals and emerging buyer support.　　While momentum briefly weakened after rejection near resistance, dip buyers have started to reappear. Consequently, traders now watch whether Solana stabilizes or extends losses toward lower targets.　　Bearish Pressure Builds Below Resistance　　Ali Martinez highlights a breakdown from a symmetrical triangle on the one-hour chart. This move followed a rejection near the $87–$88 resistance zone. As a result, short-term momentum shifted in favor of sellers. Price slipped below rising support near $85 and tested the $83 region.　　Moreover, this breakdown aligns with a measured move pointing toward $77. That level now stands as a key downside target.　　Immediate support rests at $83, which continues to act as a fragile floor. If that level fails, selling pressure could accelerate quickly. However, a recovery above $85 would weaken the bearish structure.　　Liquidity Zones Suggest One More Drop　　CW8900 presents a slightly different perspective while maintaining a cautious outlook. The analyst notes a lower-high structure followed by a sharp rejection near $87.5–$88. In addition, liquidity clusters above $89 indicate strong sell-side interest.　　Price currently consolidates between

04-29Industry

Bitcoin Bottom or May Bust? Top 3 Price Predictions From Experts Highlight Crucial Cost Basis

Bitcoin　　Bitcoin Bottom or May Bust？ Top 3 Price Predictions From Experts Highlight Crucial Cost Basis　　Coinbase Institutional and Glassnode say a bitcoin bottom may be taking shape. Sentiment has flipped from Fear to Optimism, and three-quarters of surveyed investors now call BTC undervalued.　　The Q2 2026 Charting Crypto report still flags Middle East tensions and macro shocks as wild cards. Veteran analysts now split on whether the floor holds or breaks.　　Sentiment Flips, On-Chain Signals Turn　　Coinbase Institutional and Glassnode pair survey data with on-chain reads in the new report. They argue many crypto assets could form a near-term bottom and recover later in Q2.　　The Net Unrealized Profit and Loss reading for Bitcoin jumped out of the Fear band. It is back in Optimism as April closes. Roughly 75% of institutions and 71% of non-institutions now tag BTC as undervalued.　　Investor Belief in Bitcoin. Source: Coinbase Survey　　Ether shows a similar shift. Short-term supply held under three months dropped 38% in Q1. Long-term supply held over a year rose 1%. Speculators have been flushed and conviction holders are stacking.　　Willy Woo and Ivan on Tech Split on Confirmation　　On-chain veteran Willy Woo says the bottom is being tested. He pegs the recent investor cost basis near $79,000, giving

04-29Industry

Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it

Crypto　　Blockworks wants to become the crypto equivalent of Morningstar. How it plans to do it　　Crypto startup Blockworks plans to use the proceeds from its previously unreported fundraise to scoop up some of its rivals and become a kind of Morningstar for digital assets, co-founder Jason Yanowitz told CNBC.　　The company aims to build out its crypto-focused data platform for traders of on-chain assets, which include cryptocurrencies as well as digital representations of equities, commodities and real-world assets that live on blockchains. Its goal is to serve as a destination for the kind of high-quality tools that have long benefited traders of stocks and bonds but have so far eluded their crypto counterparts.　　“We‘re so behind on data and research and information [for digital assets],” Yanowitz said. In traditional finance you have Morningstar … but also like FactSet … and Moody’s and S&P Global Research.　　“Those dont exist yet for assets that are coming onto [the blockchain],” he added.　　To realize that vision, the firm plans to scoop up a few of its competitors with the proceeds from its Series A extension round that closed earlier this year. Co-led by ParaFi Capital and Reciprocal Ventures with support from Coinbases venture capital arm, the extension round

04-29Industry

Tether shareholder pays £5M to keep Nigel Farage safe and secure

Tether shareholder and billionaire tycoon Christopher Harborne gave Nigel Farage £5 million ($6.7 million) shortly before the Reform UK leader backtracked on claims he wasn‘t planning to stand in the UK’s 2024 general election.　　Farage declared in May 2024 that he wouldn‘t be running to become an MP. However, by July of that same year, he announced that he’d be standing in the constituency of Clacton.　　revealed that at some point before his seemingly spur of the moment election bid, Farage received the multi-million-dollar gift from Harborne.　　The gift was kept under wraps and not publicly disclosed — which it didnt legally have to be, as it was technically given before Farage announced his bid for Parliament.　　Farage pre-emptively attacked report via an article in that was published hours before, titled “Farage: My home was firebombed.”　　In this piece, Farage claims that Harborne gave him the money “so that I would be safe and secure for the rest of my life.”　　He notes that Harborne, “is an ardent supporter who is deeply concerned for my safety,” and bemoaned the lack of security funding from the government.　　Farage also revealed that he was a victim of an arson attack on his home last year.　　“I would rather not be

04-29Industry

Tether leads Belos $14 million raise to expand stablecoin payments across Latin America

Belo, a Latin America-focused digital wallet that uses crypto rails for payments, has raised $14 million in a Series A round led by stablecoin issuer Tether.　　The round included Titan Fund, The Venture City, Mindset Ventures and G2.　　The company plans to use the funds to expand into Mexico, Chile, Colombia, Peru, Bolivia and Paraguay, while scaling its infrastructure across the region. It is also deepening its presence in Brazil, targeting freelancers, remote workers and others who move money across borders.　　Founded in Buenos Aires in 2021, Belo offers a digital wallet that lets users hold and transfer local currencies alongside digital dollars. The platform has grown to more than 3 million users across Latin America.　　“We reached this round with three years of profitable operations and a product that people use in their daily lives,” said CEO Manuel Beaudroit. “This round is about scaling.”　　Stablecoins — cryptocurrencies with prices tied to fiat money — have gained traction across emerging markets as an alternative to traditional banking systems, especially in regions with high inflation, currency volatility or limited access to dollar-denominated accounts. In Latin America, they are often used to store value, send remittances and bypass costly foreign exchange systems.　　Belo combines payments, foreign exchange and

04-29Industry

IBM and MIT launch new computing lab to advance AI and quantum research

IBM and Massachusetts Institute of Technology have launched the MIT-IBM Computing Research Lab, expanding their long-standing collaboration to focus on next-generation computing technologies.IBM and Massachusetts Institute of Technology launch MIT-IBM Computing Research Lab, expanding a long-standing partnership to focus on next-generation computing.New lab integrates AI, advanced algorithms, and quantum computing, with an emphasis on hybrid systems that combine quantum and classical technologies.Initiative aims to drive breakthroughs in scientific research and train future talent, with applications spanning materials science, biology, and financial modeling.　　According to reports, the new lab builds on the foundation of the MIT-IBM Watson AI Lab, established in 2017, and reflects the rapid evolution of both artificial intelligence and quantum computing.　　While the earlier initiative focused primarily on AI, the updated lab will integrate quantum computing into its core research agenda. This will allow researchers to unlock computational methods that go beyond the limits of classical systems.　　Leaders from both institutions said the initiative is designed to bring together academic and industrial expertise to tackle increasingly complex scientific and engineering challenges.　　IBM Research director Jay Gambetta noted that the collaboration will focus on rethinking how models, algorithms, and systems are built in an era shaped by the convergence of AI and quantum

04-29Industry

Polymarket Talks With US Regulators to Return to Market

Tech　　Polymarket Talks With US Regulators to Return to MarketPolymarket discussed lifting its US ban with CFTC officials in recent weeks.Polymarket settled with CFTC in 2022, paying $1.4 million for offering unlicensed contracts.Talks involve merging the main exchange blockchain technology with the US-regulated platform.　　Polymarket, the worlds largest prediction market platform, is in active discussions with the Commodity Futures Trading Commission (CFTC) about lifting a self-imposed ban that has kept American traders off its main international exchange since 2022. The conversations have taken place over recent weeks and, if successful, would represent the most significant expansion of regulated prediction market access in the United States to date.　　However, the CFTC itself is operating in unusual circumstances. The agency can have up to five commissioners, but currently has only one, chair Michael Selig, raising questions about the concentration of decision-making power at a moment when prediction market regulation is particularly active.　　Bloomberg reported the talks, citing people familiar with the discussions who were not authorized to speak publicly.　　How It Got Here　　Polymarkets history with US regulators is complicated. In 2022, the CFTC took enforcement action against the platform for allegedly offering unlicensed binary options contracts. Polymarket settled, paid a $1.4 million fine, shut down its non-compliant

04-29Industry

Bitcoin Halts Breakout Attempt After Hitting Largest Monthly Inflow

Bitcoin　　Bitcoin Halts Breakout Attempt After Hitting Largest Monthly InflowBitcoin records largest inflow in AprilBitcoin exchange whale ratio hits 0.707　　Bitcoin has gained the attention of market analysts after flashing a concerning signal in its whale exchange ratio as large holders appear to be increasingly moving their tokens.　　Crypto analytics platform Cryptoquant shared the data after Bitcoin initially showed signs of a potential breakout. With this metric, the asset may suspend its potential price breakout.　　Source: Cryptoquant Bitcoin records largest inflow in April　　According to data provided by the source, Bitcoin recorded a net exchange inflow of +9,905 BTC on April 27, marking the largest single-day inflow seen in the past 30 days.　　ASTEROID Whales Pivot to New Memecoins But Lose All Their Money　　Ripple CEO on XRP: ‘Lock In’　　The surge in the Bitcoin exchange inflow has been followed by a broad slowdown in momentum as its price struggled to secure a decisive breakout past the $78K–$79K level.　　You Might Also Like　　Market watchers consider this concerning as the asset has previously seen multiple weeks of consolidation which could have fueled a breakout to the key $80,000 level.　　While Bitcoin has yet to note any major breakthrough in its trading price, it is trading around $77,738 as of the time

04-29Industry

Tether shareholder pays £5M to keep Nigel Farage safe and secure

04-29Industry

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