UAE OPEC Split Shakes BTC: 76K Level

Bitcoin  UAE OPEC Split Shakes BTC: 76K Level  The United Arab Emirates decision to leave OPEC as of May 1 shook up the oil markets and pushed Brent crude oil up 6% to beyond $103.000 per barrel. Bitcoin fell to $75.849 with this development on Tuesday, currently trading at the $76.609 level with a +0.99% change (April 29, 2026, 14:57 UTC).  Why Did UAEs OPEC Exit Drop the BTC Price?  Markets were already reeling from the echoes of US-Israel-Iran tensions when the oil surge pressured risky assets. The S on the contrary, it fueled volatility. On the Myriad platform, the probability of oil jumping to $120 is 75%. Strait of Hormuz uncertainty is keeping oil high, pulling down risk assets like BTC.  BTC Order Book: 80-82K Resistance Wall  In Bitcoins order book, sell orders of 3.3 million dollars each have accumulated in the 80.400-82.000 dollar range, resisting for over 24 hours. This barrier is limiting recovery. On the downside, there are buys at 76.800 and 75.000 dollars, but spot buys and ETF inflows are weak.  Technical Levels: Support and Resistance TableLevelPrice (USD)ScoreDistanceSourcesS1 (Strong Support)73.66477/100 ⭐-4.05%Swing Low, EMA 50, SMA 100, HVN 5S2 (Strong Support)76.38971/100 ⭐-0.50%Fibo 0.500, Prev DR1 (Strong Resistance)77.60966/100 ⭐+1.09%Prev Day High, LVN 3, R1R2 (Medium

04-30

First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst

The post First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst appeared first on Coinpedia Fintech News  The U.S. ETF market may be about to enter a completely new phase. Bloomberg ETF analyst James Seyffart says the first-ever prediction market ETFs may begin trading next week, letting investors bet on U.S. election outcomes like regular stocks.  This comes after Roundhills latest filing showed a May 5 effective date, opening the door for six new ETFs tied directly to upcoming U.S. political races.  New Type of ETF Is About to Launch  It all began on February 14, when New York-based fund issuer Roundhill Investments filed for a new group of ETFs linked to political prediction markets.  The RPM Democratic President ETF and RPM Republican President ETF are tied to the outcome of the 2028 U.S. presidential election.  The RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF, and RPM Republican House ETF focus on the November 2026 midterm elections, tracking which party wins control of Congress after the votes are counted.  Now, these six prediction-based ETFs could go live as early as next week.  If launched, they would give investors a new way to take positions on political outcomes through regular ETF products.  Prediction Market

04-30

Market Reacts as Fed Holds Rates Steady, But Historic Dissent Signals Deeper Divide

The Federal Reserve delivered a widely expected pause on interest rates Wednesday, holding the federal funds rate at 3.50%–3.75%. However, the decision was overshadowed by a surge in dissent and a stark warning on geopolitical risks.  Financial markets reacted, including crypto, with the Bitcoin price slipping below the $76,000 threshold.  Bitcoin Falls Below $76,000 After FOMC Decision  Todays FOMC decision delivered a rare show of division, where Beth Hammack, Neel Kashkari, and Lorie Logan voted against including an easing bias in the policy statement, despite supporting the decision to keep rates unchanged.  Their opposition signals growing resistance wityhin the committee to prematurely signaling rate cuts.  The level of disagreement marks the highest number of dissenting votes since the October 1992 FOMC dissent, underscoring deepening divisions over the future path of monetary policy.  Alongside the internal split, the Fed struck a more cautious tone on global risks. Officials explicitly noted that “developments in the Middle East are contributing to a high level of uncertainty,” highlighting how escalating geopolitical tensions are complicating the economic outlook.  Fed Chair Jerome Powell and the majority maintained that economic activity continues to expand at a solid pace, while inflation remains elevated. However, the absence of any clear signal toward easing suggests policymakers are

04-30

White House Weighs Reinstating Anthropic for Federal Use Amid Pentagon Fight: Report

The White House is reportedly drafting guidance to help agencies use Anthropic despite Pentagon restrictions.Agencies are seeking access to Anthropics newest model, Mythos, for cybersecurity and defense uses.The dispute centers on Anthropics limits on surveillance and autonomous weapons use.  The White House is reportedly moving to restore Anthropics standing across the federal government as the AI company remains in a dispute with the Pentagon over how its models can be used.  According to a report by Axios citing multiple sources, officials in President Donald Trump‘s administration are drafting guidance that could let federal agencies work around Anthropic’s “supply chain risk” designation and gain access to its newest AI models, including Mythos.  The move would mark a reversal for an administration that previously treated Anthropic as a security risk and sought to remove its technology from government systems, after CEO Dario Amodei refused unrestricted access to the Pentagon earlier this year.  Axios reported that a draft executive action under discussion could ease the administration‘s stance and allow agencies to use Anthropic’s technology while allowing the administration to “save face and bring them back in.”  In February, the Pentagon designated Anthropic a “supply chain risk.” After Trump ordered agencies to “immediately cease” using its products, federal departments

04-30

US spends $25B on Iran conflict, ceasefire unlikely by April 30

Tech  US spends $25B on Iran conflict, ceasefire unlikely by April 30  The U.S. has spent $25 billion on its military operations against Iran, according to a senior Pentagon official. The probability of a U.S.-Iran ceasefire by April 30 is at 1.8% YES, down from 16% a week ago.  Daily military costs exceeding $1 billion point to continued hostilities, not wind-down. Traders have responded by pushing ceasefire odds lower, and the April 30 ceasefire market is now approaching expiration with almost no movement.  The market trades $50,697 in daily USDC volume. It takes $5,457 to move the price 5 points, indicating a thick order book. The largest move in the past 24 hours was a 1-point spike, consistent with stable sentiment against a ceasefire.  The Pentagons $25 billion figure confirms the conflict is entrenched, making a near-term ceasefire less likely, not more. With no formal end to hostilities and daily costs above $1 billion, this is a bearish signal for any immediate resolution. Buying YES at 2¢ offers a 50x return but requires an improbable diplomatic breakthrough within a day.  Watch for any movement from intermediaries like Oman or Qatar, or signals from Trump or CENTCOM indicating a shift in strategy. A sudden diplomatic event could

04-30

EUR/USD holds near 1.1670 as Fed leaves rates unchanged

Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates.  When prices are rising too quickly and inflation is above the Feds 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money.  When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.  The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions.  The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.  In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially

04-30

Crypto hackers snatch over $1B in 68 incidents this year

Crypto has always been a risky space in which to put ones money, but the current rate of hacks has even multi-cycle veterans spooked.  In 2026 alone, a grand total of $1.08 billion has been stolen in at least 68 incidents.  Three major thefts account for the vast majority of the losses, two of which came in April. Its been a particularly rough month with 30 incidents so far, an average of more than one a day.  Just this past week, Protos has identified 13 individual losses, including three on the same day this article was written. Although these were mostly for lower amounts, they totaled over $11 million of losses.  In an attempt to keep readers up to date (not to mention staying on top of it ourselves!) Protos has put together a catalogue of crypto hacks; entries cover 2026 so far, generally with a $100,000 loss cut-off.  Protos hack tracker can be found on the Live section of our website.  There has been a 6 figure hack on ethereum basically every 6 hours for the last week, this is crazy  Security firms struggling to keep up with crypto hacks  Facing such an onslaught of hacks, even specialist crypto security firms seem unable to keep pace.  Team members

04-30

Warsh clears Senate hurdle, moves closer to Fed chair as crypto impact looms

The U.S. Senate moved a step closer to confirming as the next chair of the on Wednesday.  A divided committee vote advanced his nomination. The move comes amid intensifying political scrutiny and market uncertainty.  The approved Warsh in a 13–11 party-line vote. This clears a key procedural hurdle. It also positions him for likely confirmation by the full Senate before mid-May, when current chair s term expires.  Warsh, a former Fed governor and Wall Street financier, has pledged a “regime change” at the central bank. He signaled potential change in communication strategy. He also pointed to changes in balance sheet policy and inflation management.  However, the nomination has exposed deep political fault lines. Republicans have largely backed Warsh as a credible successor. Democrats have warned his appointment could undermine central bank independence. They point to perceived alignment with former President s policy preferences.  The Feds policy outlook and internal tensions  Financial markets are bracing for a potentially volatile transition. Investors expect no immediate policy changes. However, divisions within the suggest Warsh may face resistance. This could complicate any aggressive shift in interest rate policy.  Warsh has acknowledged the likelihood of internal disagreement. He described the Feds policymaking process as a “family fight.” Officials remain split between inflation

04-30

Ripple Prime Adds BTC Options via Bullish

The deployment of capital can be performed via existing sub-account structures in no time. Hence, there is actually no need to deal with additional Know Your Customer (KYC) hurdles.  Furthermore, clients can use stablecoins, specifically Ripple USD (RLUSD), to trade these options directly.  Executives from both companies argue that the move is a response to maturing market demands.  According to Mike Higgins, International CEO at Ripple Prime, this upcoming feature will make it possible for institutions to improve capital efficiency when using multiple exchanges.

04-30

First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst

The post First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst appeared first on Coinpedia Fintech News  The U.S. ETF market may be about to enter a completely new phase. Bloomberg ETF analyst James Seyffart says the first-ever prediction market ETFs may begin trading next week, letting investors bet on U.S. election outcomes like regular stocks.  This comes after Roundhills latest filing showed a May 5 effective date, opening the door for six new ETFs tied directly to upcoming U.S. political races.  New Type of ETF Is About to Launch  It all began on February 14, when New York-based fund issuer Roundhill Investments filed for a new group of ETFs linked to political prediction markets.  The RPM Democratic President ETF and RPM Republican President ETF are tied to the outcome of the 2028 U.S. presidential election.  The RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF, and RPM Republican House ETF focus on the November 2026 midterm elections, tracking which party wins control of Congress after the votes are counted.  Now, these six prediction-based ETFs could go live as early as next week.  If launched, they would give investors a new way to take positions on political outcomes through regular ETF products.  Prediction Market

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