Coinbase to delist DAI stablecoin as May deadline approaches

Coinbase will disable trading for Dai on May 4, 2026, as part of its latest asset review. Coinbase will disable DAI trading on its website and mobile app from May 4.Remaining DAI balances will convert to USDS at a 1:1 rate after the deadline.Coinbase will also suspend TIME trading and has disabled TRU ahead of migration.  The Ethereum-based stablecoin will be converted to USDS for users who leave DAI on the platform after the deadline. Coinbase reminded users that Dai trading will be disabled on Coinbase.com and the Coinbase mobile app on May 4.  The exchange also said send and receive support for DAI will be temporarily disabled from May 4 to May 6.  DAI is an Ethereum-based stablecoin linked to the MakerDAO ecosystem. Coinbase said any DAI left on the platform by May 4 will be converted to USDS at a 1:1 rate.  Users urged to move DAI before May 4  Coinbase advised users who do not want the conversion to move their DAI to a compatible self-custody wallet before the deadline.  The exchange said users in selected EEA regions will not have their DAI migrated. This means affected users may need to act before trading and transfer limits take effect.  The delisting forms part of

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Ethereum Price Prediction May 2026: ETH Enters Its Strongest Month Of The Year With A CRT Sweep Already Done

Ethereum  Ethereum Price Prediction May 2026: ETH Enters Its Strongest Month Of The Year With A CRT Sweep Already DoneETH trades at $2,250, down 0.08%, with the daily CRT sweep below $2,230 complete and range high at $2,370 as the first May target.May is ETHs strongest month historically, averaging 34.7% with a median of 18.4% across all years on record.Spot ETFs posted $160M in weekly outflows led by BlackRock and Fidelity, driven by rising Treasury yields and hawkish Fed dissent.  Ethereum trades at $2,250 on April 30, entering May with a completed daily CRT liquidity sweep and the most bullish seasonal month on the ETH calendar ahead, even as spot ETF outflows and a 30-year Treasury yield sitting at 5% keep the macro picture complicated.  ETH Daily Chart: CRT Sweep Confirmed, Four Timeframes In Discount  The daily CRT range runs from the low at $2,230 to the high at $2,370. Price swept below the range low before recovering back inside, confirming the liquidity sweep. The PDR Pro table shows monthly, weekly, daily, and 4-hour all in discount, with only the 1-hour in premium. Four of five timeframes in discount means ETH is sitting in a buy zone relative to all higher timeframe ranges.  Price at

04-30

Forex Trading Strategy: Building a Sustainable Approach

Success in forex trading doesnt come from luck — it comes from structure. Is a Forex Trading Strategy really important from the beginning?  A forex trading strategy is a structured approach that helps traders decide when to enter and exit trades, how much risk to take, and how to interpret market movements. In India, many beginner traders enter the forex market through online platforms. Without structure, trading decisions may become emotional or inconsistent, particularly during volatile market conditions.  Instead of reacting to every price movement, traders can rely on predefined rules. This is particularly relevant in fast-moving markets, where short-term fluctuations can lead to impulsive decisions.  What Are the Key Elements of a Sustainable Forex Strategy?  A sustainable forex trading strategy typically includes several core components that guide decision-making.First, **Market analysis ** is essential. This may include technical analysis (charts, indicators) and fundamental analysis (economic data, interest rates). Many traders use a combination of both to form a broader view of the market.Second, **entry and exit rules** define when to open and close trades. These rules may be based on price patterns, indicators, or specific market conditions. Clear rules can help reduce emotional decision-making.Third, **risk management** is critical. This includes setting stop-loss levels, determining

04-30

Half Billion Cryptocurrency Market Bloodbath Might Start Something Ugly

With nearly $500 million in liquidations, eliminating all overleveraged positions, the cryptocurrency market is undergoing another aggressive deleveraging phase. According to data, about $492 million has been liquidated in the last 24 hours alone, with long positions bearing the brunt of the losses. This imbalance is significant because it shows that the market was overly optimistic prior to this move.  Main attack vectors  This unwind revolves around Ethereum and Bitcoin. After a comparatively clean short-term uptrend, Bitcoin is currently trading in the mid-$75,000 range. The stretched positioning that developed during the move is the issue, not the trend per se. The market experienced a wave of forced liquidations, rather than consolidation, as the price surged into resistance and the RSI rose into overheated territory.  BTC/USDT Chart by TradingView  Ethereum has a weaker, but comparable, structure. ETH rolled over and trailed Bitcoin lower after failing to break through the declining resistance zone around the $2,300-$2,400 range. Ethereum lacks the structural strength to effectively absorb shocks because, in contrast to Bitcoin, it is still trading below important moving averages. Assets in weaker technical positions typically react more violently to liquidations, and ETH is exhibiting just that.  Breaking: Ripple Expands Its Presence in Middle East with New HQ  XRP

04-30

The Green Beret was just the start: New data suggests military insider trading crisis on Polymarket

A Green Berets alleged $400,000 insider bet on a raid in Venezuela seemed like an isolated breach. A new report suggests it may be the visible edge of something broader.  The Anti-Corruption Data Collective (ACDC), a nonprofit research group, analyzed every settled Polymarket contract from January 2021 through mid-March 2026 — more than 435,000 markets and $54.4 billion in cumulative volume — and found that low-probability bets on military and defense outcomes win at rates that are difficult to explain through skill or luck.  Across political markets, such “longshot” bets typically succeed about 14% of the time. In military-linked contracts, success rates have topped 50% in some cases.  “Markets tied to specific government policies, such as military and defense and foreign affairs, are harder to forecast using public information alone,” the authors wrote, making them “more susceptible to information asymmetries,” including insider trading or specialized knowledge.  In those markets, the gap between informed and uninformed traders may be widest, creating conditions in which a small group can consistently outperform not just by reacting faster, but by knowing more.  For its part, Polymarket touts its market surveillance teams and cooperation with the Department of Justice on the Venezuela case. Trading on confidential knowledge is prohibited on

04-30

Google’s AI bets pay off while Meta faces investor skepticism

Alphabet Inc., the parent company of Google, is starting to show measurable gains from its AI investments, while Meta Platforms Inc. is still working to convince investors that its heavy spending will pay off.Alphabet Inc. shares rose 6.6% after $20B cloud revenue beat estimates, signalling early returns from AI investments and strong enterprise demand.Meta Platforms Inc. stock fell over 6% as capex guidance increased to $145B, with analysts citing weak engagement in its standalone AI app.Amazon.com Inc. and Microsoft Corp. reported strong cloud growth, reinforcing AI demand, though Copilot adoption reached only 20M paid users.  The updates came within minutes of each other on Wednesday, as Alphabet Inc., Meta Platforms Inc., Amazon.com Inc., and Microsoft Corp. all reported results. Together, the four companies remain at the center of a global AI infrastructure buildout expected to run into the trillions of dollars.  Both Alphabet and Meta added another $10 billion to their capital spending plans, pushing the groups combined outlay to as much as $725 billion for 2026. The scale of that investment continues to draw scrutiny, with investors focused on whether it is translating into clear financial returns.  Alphabet pointed to strong performance in its cloud division as evidence of traction. The unit

04-30

Eli Lilly (LLY) Stock Climbs 5% on Strong Q1 Results and Upgraded Forecast

Eli Lilly and Company, LLY  Domestic sales expanded 43% to reach $12.1 billion. Markets outside the United States contributed $7.7 billion, up 81%, demonstrating the global appetite for GLP-1 therapies.  Adjusted gross margin registered at 82.6%, declining modestly from the previous year as pricing dynamics on leading products created margin pressure.  Chief Executive David Ricks highlighted the momentum. “We delivered 56% revenue growth in the first quarter and raised our full-year revenue guidance by $2 billion,” he stated.  Lilly increased its 2026 revenue forecast to $82.0–$85.0 billion from the earlier $80.0–$83.0 billion range. The midpoint of $83.5 billion exceeds Wall Streets consensus estimate of $81.67 billion.  The company also elevated its adjusted EPS guidance to $35.50–$37.00, up from $33.50–$35.00 previously, with the revised midpoint of $36.25 beating the consensus of $34.53.  Foundayo Launch Generates Mixed Signals  The companys recently introduced oral GLP-1 medication Foundayo launched in early April, attracting significant attention as a competitive response to Novo Nordisk, which has established an early presence in the oral weight-loss medication category.  Foundayo captured 3,707 prescriptions across the United States during the week that concluded April 17 — approximately half the ~8,000 prescriptions Wall Street anticipated. This underwhelming initial performance represents a potential concern for market observers.  Ricks characterized the medication

04-30

Gemini secures Derivatives Clearing Organisation (DCO) license

Crypto exchange Gemini has secured a Derivatives Clearing Organisation (DCO) license through its affiliate, Gemini Olympus, marking a major step in the companys push into regulated crypto derivatives and prediction markets in the United States.  The approval was granted by the Commodity Futures Trading Commission, giving Gemini the authority to operate its own clearing infrastructure for derivatives products.  The approval allows the company to clear and settle trades internally instead of relying on external clearing firms.  It also expands Geminis regulatory footprint as competition intensifies among crypto exchanges seeking to establish regulated derivatives businesses in the US market.  The company had previously secured a Designated Contract Market (DCM) license, which permits the listing and trading of derivatives products.  With the addition of DCO status, Gemini can now handle clearing operations tied to those contracts.  Gemini expands regulated derivatives infrastructure  By operating its own clearinghouse, Gemini gains more direct control over how derivatives trades are processed and secured.  According to regulatory filings tied to the approval, Gemini Olympus plans to support fully collateralised derivatives products, including futures, options, perpetual contracts, and event-based markets.  The structure is also expected to support prediction market offerings connected to financial, economic, political, and sports-related outcomes.  Gemini Titan, another affiliate linked to the companys derivatives infrastructure,

04-30

Traders Push MEGA to $200M Market Cap as MegaETH Lists on 13 Exchanges at Once

MEGA is currently down 21% lower than its all-time high as of 8 a.m. ET.  Ethereum co-founders Vitalik Buterin and Joe Lubin are among the projects backers, along with Dragonfly Capital. MegaETH raised more than $100 million across funding rounds, including a on Sonar that was oversubscribed.  The MEGA token has a fixed maximum supply of 10 billion. At launch, approximately 1.13 billion tokens, or 11.3% of the total supply, entered circulation. The team allocated roughly 53% of the supply to ecosystem incentives and KPI-based rewards, 9.5% to the team, and 5% to the .  Early trading placed MEGA between $0.18 and $0.20. As of April 30, at 8 a.m. ET, the token was priced near $0.1695, giving it a of approximately $199 million and a fully diluted valuation of roughly $1.7 billion. That figure aligns with pre-launch analyst estimates that pegged between $1.5 billion and $2 billion.  Twenty-four-hour reached between $78 million and $81 million from the opening session, pointing to depth across the listed venues. At 8 a.m., the MEGA token is down 21% from its $0.2249 all-time high.  Several exchanges added incentive campaigns alongside the listing. Bybit offered a $100,000 trading prize pool, and WEEX ran an for participants. Upbit listed MEGA

04-30

MegaETH launches MEGA token as major exchanges open trading

MegaETHs MEGA token went live on Thursday after the Ethereum scaling project completed a seven-day launch countdown. MegaETH launched MEGA after 10 ecosystem apps met the first KPI target.MEGAs token model ties 53.3% of supply to performance-based rewards.USDM supply rose above $300 million during the MEGA token launch period.  The token started trading on major exchanges after the network met its first ecosystem milestone. MegaETH confirmed the launch in a post on X, saying, “MEGA — Now Trading.” The team said all tokens would be distributed to users by 7 a.m. ET.  The token generation event started after MegaETH met its first key performance target. The project had said it would only launch MEGA after showing enough real onchain activity.  MegaETH meets first launch milestone  MegaETH said 10 “Mega Mafia” apps had gone live before the launch. These apps cleared the first KPI threshold required to trigger the final countdown.  The milestone focused on apps with real user activity linked to USDM, the protocols native stablecoin. USDM was co-developed with Ethena.  In addition, MegaETH has a fixed supply of 10 billion MEGA tokens. The project has tied 53.3% of total supply to performance-based staking rewards.  This structure differs from a standard time-based vesting model. MegaETH uses KPI-linked

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