Latest Crypto News & Market Updates

ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money

Tech　　ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money　　In a matter of hours, one of the most aggressive traders in the Solana memecoin ecosystem turned a very lucrative run into a complete wipeout.　　Taking a huge loss　　Previously a top whale in ASTEROID, the address that ends with MBYiv lost everything after exiting a winning position and rotating into another high-risk token. The wallet contained 52.8 million ASTEROID tokens at its height of visibility. The position closed about five hours ago at $0.00306 after being built early with an average entry of about $0.00148. The realized profit from that trade alone was about $83,700, which more than doubled the initial investment.　　Source: ai_9684 on X　　But that entire gain was negated by what came next. The same wallet actively rotated into the memecoin SCAM shortly after closing the ASTEROID position, committing $135,000 at an average entry price of $0.00856. It was the worst possible timing. The action was almost exactly in line with the waning hype cycle associated with Elon Musks social media activity, which had previously encouraged speculative inflows of funds into the token.　　ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money　　Ripple CEO on XRP: ‘Lock In’　　Liquidity

04-29Industry

Equities: Tech-led pullback as AI concerns resurface – Danske Bank

Tech　　Equities: Tech-led pullback as AI concerns resurface – Danske Bank　　Danske Research Team notes that global equities slipped, led by technology, even as the CBOE Volatility Index (VIX) declined, suggesting the move was not driven by macro data. They attribute the sector rotation to renewed concerns about AI (Artificial intelligence) monetisation after OpenAIs revenue warning, while stressing that differing signals from other AI firms argue against extrapolating a broad demand slowdown.　　AI monetisation worries hit tech　　“Equities moved lower yesterday, with most regions in the red and the sector rotation tilting more defensive. What is worth noting, however, is that tech led the decline while the VIX actually fell. In other words, this was not primarily a classic negative macro-data sell-off. ”　　“It was at least as much about renewed concerns around the AI space, triggered by OpenAI warning on revenue developments.”　　“That naturally brought one of the key underlying concerns in the AI narrative back to the surface: monetisation. But investors should be careful not to extrapolate too aggressively. What we have heard from OpenAI does not match what we have heard from Anthropic.”　　“Put differently, this may be less a story about broad-based AI demand disappointment and more about a meaningful shift in users

04-29Industry

Polymarket Pushes for CFTC Green Light to Resume U.S. Operations Following 2022 Ban

According to Bloomberg sources with knowledge of the situation, these discussions represent Polymarkets effort to reconnect American traders with its flagship offshore, blockchain-powered exchange.　　The trading prohibition originated from regulatory enforcement in 2022. The CFTC brought charges against Polymarket, operating at the time as Blockratize Inc., for providing unregistered event-based contracts to American participants without securing necessary regulatory permissions. The resolution included a $1.4 million civil monetary penalty and a commitment to exclude U.S.-based traders from the service.　　Prediction market platforms enable participants to trade contracts linked to upcoming events including political outcomes, athletic competitions, and economic indicators. These platforms have gained substantial attention while simultaneously facing examination from state authorities who contend they function as unregulated wagering operations.　　Following the 2022 resolution, Polymarket continued pursuing domestic market entry. In July 2025, the organization purchased QCX LLC, a federally registered derivatives marketplace and clearinghouse, in a transaction valued near $112 million.　　QCX underwent rebranding as Polymarket US. This acquisition provided American participants with a regulatory-compliant pathway to the platform via authorized brokerage firms. The CFTC granted a modified directive in late 2025 permitting restricted access for domestic users.　　A Domestic Platform That Has Not Matched the Main Exchange　　Polymarket introduced a preliminary domestic version concentrating on

04-29Industry

Solana Price Prediction: Triangle Tightens as Bulls Eye $90 While Bears Target $80 Sweep

Tech　　Solana Price Prediction: Triangle Tightens as Bulls Eye $90 While Bears Target $80 Sweep　　Solana (SOL) is compressing within a tight range near key support as conflicting signals and liquidity zones set the stage for a potential breakout or deeper downside move.　　Solana price is entering a decisive phase as price compresses into key structures while conflicting signals emerge across multiple timeframes. According to Brave New Coin data, SOL is trading near $84, reflecting a short-term slowdown after recent volatility.　　Solana Price Short-Term Outlook　　Recent data shows Solana trading around $84.03, with price fluctuating within a tight intraday range between roughly $83.80 and $85.77. The structure reflects mild downside pressure, with SOL down around 2% on the day, while price action remains relatively flat overall.　　Solana price trades at $84.03, down 2.04% in the last 24 hours. Source: Brave New Coin　　Right now, this looks like a simple pause in the market. As long as SOL holds above the $83–$84 area, the structure remains stable. But with price struggling to break back above $85–$86, momentum is still weak. For now, its a waiting game until the price clearly breaks higher or slips lower.　　Triangle Builds Pressure Towards $87–$90 Breakout　　Ali Charts highlights that Solana is trading inside a

04-29Industry

Ostium Backend Transformation: A New Era for PRIME

Tech　　Ostium Backend Transformation: A New Era for PRIME　　Ostium, the onchain perpetual futures exchange, announced a fundamental transformation in the backend of its infrastructure. The team announced that they have activated the real-time decentralized execution layer; this is an innovative approach combining onchain liquidity pools with offchain hedging. The platform stands out as one of the pioneers in access to traditional assets: offering leveraged trading in instruments like stocks, indices, commodities, ETFs, forex. Users trade directly with non-custodial crypto wallets. This upgrade transforms Ostium into a decentralized execution layer for global markets. Click for PRIME detailed analysis.　　Ostiums Real-Time Execution Layer Technical Details　　Previously, the public liquidity pool handled both pricing and directional risks; this limited scalability, execution quality, and open positions. In the new model, institutional players like Jump Crypto, prime brokers, and major institutions step in as hedging partners. Directional exposure is transferred to offchain markets. The onchain liquidity pool evolves into an “intraday lending buffer” and hedges through an institutional network with a separate capital pool. This minimizes slippage while providing millisecond-level execution – revolutionary for DeFi.　　PRIME Token Performance: Current Technical Indicators　　Ostiums PRIME token is currently pinned at $0.00 level with RSI at 53.10 in the neutral zone. Although the

04-29Industry

Avalanche Foundation Backs W3 as 200K Workflows Go Live, Accelerating AI Finance Shift

Tech　　Avalanche Foundation Backs W3 as 200K Workflows Go Live, Accelerating AI Finance ShiftW3.io launched an AI control platform on Avalanche, already processing 200,000 daily enterprise workflows.W3 and Avalanche bridge an accountability gap for 70+ blockchains by cutting integration time to 1 day.The Avalanche Foundation investment will help W3 scale institutional integrations in the coming weeks.　　Closing the Accountability Gap　　W3, an operating system for autonomous finance, announced on April 28 the launch of the first control platform for agent-powered finance on the Avalanche network, debuting with a strategic investment from the Avalanche Foundation and a reported volume of more than 200,000 daily workflows.　　The platform aims to bridge what the company calls an “accountability gap” created by artificial intelligence (AI) agents that execute payments and move capital faster than traditional human-governed controls can monitor. By aggregating modular services like custody, compliance, and settlement into unified workflows, W3 allows businesses to deploy financial solutions in a single day.　　“Agents are moving money faster than enterprise controls can follow,” said Porter Stowell, CEO of W3. “We built the platform that lets finance teams keep pace without giving up oversight.”　　The launch comes as the Avalanche network continues to expand its institutional footprint. The network currently hosts more

04-29Industry

Startale Partners Sunnyside Labs to Bring Privacy Boost to Soneium Ecosystem

Tech　　Startale Partners Sunnyside Labs to Bring Privacy Boost to Soneium EcosystemPrivacy Boost enables private transactions with proof generation times of less than 500 milliseconds and throughput of more than 1,800 transactions per second.As part of the collaboration, Privacy Boost will implement its whole protocol stack on Soneium, including TEE infrastructure and smart contracts.　　Today, Startale Group announced a collaboration with Sunnyside Labs, designating Privacy Boost as the Startale Apps official privacy partner. Privacy Boost will offer self-custodial, onchain privacy features inside a consumer cryptocurrency ecosystem by integrating directly into the Startale App and deploying natively on Soneium.　　As a key consumer gateway to Soneium, the blockchain created by Sony Block Solutions Labs, the integration represents a significant advancement in the development of the Startale App. Additionally, it is the first time Privacy Boost has been included into a consumer-facing application.　　With features like asset management, payments, Mini Apps, and ecosystem benefits, the Startale App is intended to make the onchain economy accessible to everyday people. The alliance seeks to address the visibility of onchain transactions, where counterparties, transfer amounts, and balances are by default publicly visible, as usage increases.　　With a hybrid architecture that combines trusted execution environments with zero-knowledge proofs, Privacy Boost enables

04-29Industry

Ostium Backend Transformation: A New Era for PRIME

Tech　　Ostium Backend Transformation: A New Era for PRIME　　Ostium, the onchain perpetual futures exchange, announced a fundamental transformation in the backend of its infrastructure. The team announced that they have activated the real-time decentralized execution layer; this is an innovative approach combining onchain liquidity pools with offchain hedging. The platform stands out as one of the pioneers in access to traditional assets: offering leveraged trading in instruments like stocks, indices, commodities, ETFs, forex. Users trade directly with non-custodial crypto wallets. This upgrade transforms Ostium into a decentralized execution layer for global markets. Click for PRIME detailed analysis.　　Ostiums Real-Time Execution Layer Technical Details　　Previously, the public liquidity pool handled both pricing and directional risks; this limited scalability, execution quality, and open positions. In the new model, institutional players like Jump Crypto, prime brokers, and major institutions step in as hedging partners. Directional exposure is transferred to offchain markets. The onchain liquidity pool evolves into an “intraday lending buffer” and hedges through an institutional network with a separate capital pool. This minimizes slippage while providing millisecond-level execution – revolutionary for DeFi.　　PRIME Token Performance: Current Technical Indicators　　Ostiums PRIME token is currently pinned at $0.00 level with RSI at 53.10 in the neutral zone. Although the

04-29Industry

SUI Price Prediction: $0.88 Target Within Two Weeks as Technical Breakdown Accelerates

Technical Structure Points Lower　　SUI has entered a precarious position after multiple failed attempts to break above $0.95, creating a pattern that favors the bears. The token currently trades at $0.92, representing a -0.70% decline that places it firmly below critical moving averages. The 20-period simple moving average sits at $0.95, effectively capping any upside momentum and reinforcing the resistance level.　　The momentum picture has deteriorated significantly, with the RSI at 46.8 indicating neither oversold conditions that might attract buyers nor the strength needed for a sustained rally. This neutral reading in a downtrending market typically precedes further weakness. The MACD histogram‘s position near zero reflects the absence of any meaningful directional momentum, while SUI’s position within the Bollinger Bands at 0.24 shows the token hugging the lower boundary.　　Market Dynamics Favor Distribution　　The derivatives landscape reveals a concerning disconnect between positioning and actual market action. While retail traders maintain a 60.5% long bias and smart money positioning shows 65.1% long exposure, the aggressive taker sell ratio of 0.69 indicates active selling pressure from larger players.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full SUI price, calculator & analysis　　This dynamic becomes more pronounced when examining

04-29Industry

Avalanche Foundation Backs W3 as 200K Workflows Go Live, Accelerating AI Finance Shift

Tech　　Avalanche Foundation Backs W3 as 200K Workflows Go Live, Accelerating AI Finance ShiftW3.io launched an AI control platform on Avalanche, already processing 200,000 daily enterprise workflows.W3 and Avalanche bridge an accountability gap for 70+ blockchains by cutting integration time to 1 day.The Avalanche Foundation investment will help W3 scale institutional integrations in the coming weeks.　　Closing the Accountability Gap　　W3, an operating system for autonomous finance, announced on April 28 the launch of the first control platform for agent-powered finance on the Avalanche network, debuting with a strategic investment from the Avalanche Foundation and a reported volume of more than 200,000 daily workflows.　　The platform aims to bridge what the company calls an “accountability gap” created by artificial intelligence (AI) agents that execute payments and move capital faster than traditional human-governed controls can monitor. By aggregating modular services like custody, compliance, and settlement into unified workflows, W3 allows businesses to deploy financial solutions in a single day.　　“Agents are moving money faster than enterprise controls can follow,” said Porter Stowell, CEO of W3. “We built the platform that lets finance teams keep pace without giving up oversight.”　　The launch comes as the Avalanche network continues to expand its institutional footprint. The network currently hosts more

04-29Industry