Eli Lilly Foundayo prescriptions: 20,000 people taking drug, Ricks says

More than 20,000 people have started taking s GLP-1 pill Foundayo in its first few weeks on the market, Lilly CEO Dave Ricks told CNBC on Thursday.  The FDA approved Lilly‘s once-daily pill Foundayo earlier this month, making it the second oral GLP-1 drug behind Novo Nordisk’s Wegovy pill. Investors have been closely tracking weekly prescriptions for clues on how the launch is going.  More than 1,000 people are starting Foundayo a day, Ricks said in an exclusive interview with CNBC. He said it‘ll take time to build the brand since it’s a new drug that doctors and patients don‘t know. He contrasted it against the launch of the company’s Zepbound weight loss injection, which had the same active ingredient as its existing diabetes drug, Mounjaro, and against Novos Wegovy pill, which had the same brand name and active ingredient as the shot.  “So what were seeing now is basically organic demand, which is pretty strong to us,” Ricks said.  “This is going to play out over quarters, not days, and I just ask people to take a beat and let us execute,” Ricks said. “I think its going to be just fine.”  More than 80% of people taking Foundayo are new to GLP-1s, he

04-30

WLFI Token Lock Vote Has Started: Price Drop

WLFI Token Unlock Vote Officially Begins  The DeFi and stablecoin venture World Liberty Financial, linked to the Trump family, has officially launched the vote on the controversial WLFI token unlock proposal. A total of 62 billion WLFI tokens are subject to this vote, and if approved, they will enter circulation after a two-year waiting period. The proposal aims to replace existing uncertain locks with structured vesting programs; the 45 billion tokens allocated to the founding team, advisors, and early partners will follow a three-year linear vesting after a two-year cliff. The other tokens allocated to early protocol supporters will go through a two-year cliff and two-year vesting process. This move aims to provide clarity on future token supply while increasing low governance participation. The vote will last seven days and require a 1 billion WLFI token quorum.  WLFI Vesting and Token Burn Proposal Details  The project offered approximately 25 billion of its total 100 billion supply to investors in a few pre-sale rounds; although it initially even blocked token transfers and released some, pre-sale investors still hold a significant amount of tokens. The proposal text emphasizes that the governance token has been functional since launch and states that the ecosystem is at a

04-30

Fed: Hawkish split and higher-rate path – Deutsche Bank

Finance  Fed: Hawkish split and higher-rate path – Deutsche Bank  Deutsche Bank strategists report that the Federal Reserve (Fed) left rates unchanged but saw four dissents, the most since 1992, including both dovish and hawkish objections. Chair Powell signalled policy is well placed to be held given Middle East uncertainty, and futures now price a higher probability of a Fed hike by April, with cuts largely priced out.  Dissents and pricing tilt hawkish  “All that follows an eventful decision from the Fed yesterday. They kept rates on hold as expected, but there were notably 4 dissents, which is the most for an FOMC decision since 1992.”  “He [Powell] also said that the”policy stance is in a good place for us to hold“ amid the uncertainty stemming from the Middle East, and our US economists write that it reinforces their baseline view that the policy rate is likely to remain unchanged this year.”  “For markets, the combination of higher oil prices and a more hawkishly divided Fed saw investors price out rate cuts this year, with futures for the December meeting pricing 3bps of hikes by the close.”  “Moreover, the path ahead is increasingly turning hawkish, with futures now pricing a 55% probability of a Fed hike by

04-30

Dogecoin Price Outperforms Amid Crypto Sell-Off: Can DOGE Break $0.120?

Crypto  Dogecoin Price Outperforms Amid Crypto Sell-Off: Can DOGE Break $0.120?  The post Dogecoin Price Outperforms Amid Crypto Sell-Off: Can DOGE Break $0.120? appeared first on Coinpedia Fintech News  Dogecoin is emerging as a rare outperformer in a weak crypto market today, holding firm while major assets struggle under macro pressure. The move is being driven by a sharp pickup in trading volume alongside a decline in open interest, an early signal of short covering rather than risky leverage buildup. This shift is giving DOGE price a cleaner structure compared to peers. As price stabilizes above key breakout levels, attention now turns to whether this momentum can extend further, with $0.110–$0.117 acting as the next critical test for a potential push toward $0.120.  Smart Money Rotation Signals Early Breakout Setup  A high-conviction move from large players is reinforcing the bullish setup. On-chain data shows a whale aggressively opening a 10x leveraged long position on 40 million DOGE (~$4.4M) within a short time frame, coinciding with a spike in volatility. This comes despite prior realized losses on the same wallet, signaling a deliberate re-entry rather than passive exposure.  $DOGE SET FOR HUGE BREAKOUT?  Whale 0x8d0E is aggressively chasing the current price pump by opening a 10x leveraged long

04-30

Solana price risks drop below $80 support as a rounded top forms

In Solanas case, the neckline of this formation sits near the $78–$80 region, which has acted as a strong support zone throughout April. A decisive breakdown below this level could accelerate downside momentum.  Short-term moving averages are also starting to converge and turn lower, indicating weakening trend strength. Price is currently trading below key short-term averages, suggesting sellers are gaining control in the near term.  If the rounded top confirms with a breakdown below $80, the next downside targets could emerge near the $75 level initially, with a deeper move potentially extending toward the $70 zone.  The bearish technical setup aligns with a range of external factors weighing on Solanas outlook.  The Federal Reserves hawkish stance on interest rates continues to drain liquidity from risk assets, while institutional demand has shown signs of cooling, with spot Solana ETF flows stalling in recent weeks.  At the same time, on-chain activity has slowed, with decentralized exchange volumes declining sharply from earlier highs, reducing network-driven demand for SOL.  Large holder activity has also added pressure, with a recent transfer of over 300,000 SOL to exchanges raising concerns about potential sell-side supply.  Despite these bearish signs, if bulls manage to defend this level and reclaim the $88–$90 resistance area, it could

04-30

AI wealth advice: Lawyers warn of serious risks

Lawyer Tasha Dickinson said she gets calls every week from clients asking about legal advice they got from ChatGPT, Claude or another artificial intelligence chatbot. Some dont admit it, but she can tell from their line of questioning, she said.  One client, a high-net-worth Florida resident, asked Dickinson about creating a community property trust — an attractive option for married couples — saying he got the suggestion from AI to save on taxes for his heirs, she said. Dickinson quickly pointed out a problem: The clients wife had recently died.  “I said, ‘Well, you do understand that a community property trust is between husband and wife, right?’ And there was silence on the phone,” said Dickinson, a partner at Day Pitney. “‘They’re like, ‘Oh, well, AI thought it was a good strategy.’ Well, like, in the universe, maybe it‘s a good strategy, but it’s not a good strategy for you.”  Lawyers to the wealthy told Inside Wealth that their clients are increasingly using AI not only to research tax topics but to second guess their lawyers advice. While some lawyers said AI helps clients come up with informed questions and learn basic concepts, they also say it poses a headache and legal risks.  Robert

04-30

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

04-30

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
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