Crypto becomes X’s most-muted topic as AI slop takes over

Crypto has become the most-muted topic on X since the platform launched its snooze feature. Crypto ranked as the most-muted topic on X, ahead of politics, sports, and business.Xs snooze feature lets Premium users hide unwanted topics from For You feeds for 24 hours.AI-generated spam and InfoFi posting likely drove more users to mute crypto content.  The shift comes as users complain about AI-generated spam and low-quality engagement farming across Crypto Twitter.  X head of product Nikita Bier said crypto is now the most-muted topic on the platform. It ranked ahead of politics, the Iran conflict, sports, business, and finance.  The ranking follows the launch of Xs snooze feature on April 22. The tool lets Premium users hide topics from their For You feed for 24 hours.  AI slop weighs on Crypto Twitter  Bier previously described the feature as a way to “crank up or turn down the slop.” The comment pointed to growing concern over low-quality posts on the platform.  Crypto feeds have faced rising spam from AI-generated posts and InfoFi apps. These apps rewarded users for engagement, which pushed many accounts to post more often.  Additionally, X changed its API policies in January to block apps that paid users to post. The move aimed to

04-30

Australia payments draft eyes stablecoin interoperability

Australias future payment rails may need to support stablecoins and tokenized fiat money. A new draft vision says account-to-account systems could adapt as tokenized money moves closer to mainstream use.Australias draft payments vision identifies stablecoins as a future force in A2A payment systems.The draft says payment rails may need to connect bank money with tokenized fiat.Australia is also testing tokenized settlement through Project Acacia and wider digital asset rules.  The draft was co-developed by the Account-to-Account Payments Roundtable. Members include AusPayNet, Australian Payments Plus, the Reserve Bank of Australia, and the Commonwealth Treasury.  The document lists digital assets among the outside forces that could shape Australias future payment systems. It says tokenized money could change how payments are settled and automated.  Stablecoins move into payments planning  The draft said, “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption.”  It added that programmable, ledger-based value could support new settlement models. These systems may also allow payments to run with wider availability and more automation.  Moreover, the document said account-to-account systems “may need to support secure interoperability between account-based money and tokenised representations of fiat currency.”  This would allow funds to move between bank-based money and tokenized versions of fiat currency. The

04-30

Will Ethereum fall below $2,000 as it loses trendline support?

Each time Ethereum tested the support, it rebounded back above, making it a key foundation for the recent rally. As such, a decisive breakdown below the trendline has opened Ethereum to intensified selling pressure, with the overall momentum shifting to bears.  Technical indicators point out that bears have been gaining dominance over the market, likely attempting to pressure prices even lower. Notably, the Aroon Down indicator has surged to 92.86% while the Aroon Up has plummeted to 7.14%.  At the same time, the MACD lines have formed a bearish crossover, which further solidifies the current downward trajectory.  The last time Ethereum formed such a bearish signal in mid January, it came crashing down over 45% in less than a month.  Hence, the path of least resistance for Ethereum points toward the $2,000 mark, a breakdown from which could open the door for a much sharper decline.  On the contrary, if the price manages to break out from the $2,400 resistance zone that has been limiting its recovery, the market could see a sudden reversal of this negative trend.

04-30

Russian mafia ties exposed as Polish exchange Zondacrypto failures continue

Zondacrypto, arguably the largest exchange on the Polish coin market, has been under the control of a notorious Russian gang, according to Polands counterintelligence.  The troubled trading platform, which halted withdrawals this month amid insolvency fears, is at the focal point of a heated political clash in Warsaw over crypto regulation.  Zonda allegedly run by the Tambov crime syndicate  Poland‘s leading digital-asset exchange, Zondacrypto, has been controlled by the Tambov gang, one of Russia’s oldest and largest organized crime groups.  The Polish daily Gazeta Wyborcza made the claim this week, citing information from the countrys Internal Security Agency (ABW) in a report widely quoted by Russian media.  According to a memo circulated by the civilian intelligence service, the Russian mobsters acquired a controlling stake in the exchange back in 2018.  They bought it through a Polish intermediary when the company was known as BitBay and was experiencing difficulties, the newspaper detailed in its article.  The crypto exchange, one of the largest in Central and Eastern Europe, later relocated to Estonia and obtained a license from the Baltic state, but remained focused on Polish customers.  The shares were officially purchased by three companies registered in the UAE, headed by BitBay co-founder Sylwester Suszek, GW also wrote.  However, the deal was

04-30

BTC price faces $80,000 resistance as derivatives shows signs of risk aversion: Crypto Markets Today

Bitcoin , while its slightly in the green may be in for a shock. The largest cryptocurrency has gained less than 0.5% since midnight UTC, and strong moves toward $80,000 are likely to run into opposition.  Thats because short-term holders have a cost basis around that price, Luke Deans, a senior research associate at Bitwise, told CoinDesk. A move above may convince them to take profits and sell, capping any advance.  Another headwind may present itself in the form of U.S. March PCE inflation, which lands as oil prices keep pressure on risk assets. West Texas Intermediate crude has surged to as high as $110, and reduced traffic through the Strait of Hormuz has kept energy markets fragile.  Wednesday‘s Federal Reserve decision to hold the federal funds rate steady is also weighing on the market. Specifically, a whopping four dissenting voices, the most since 1992, with one governor pushing for a cut and three regional presidents opposing the statement’s suggestion that the Fed would resume easing.  Deans also said altcoins remain tied to bitcoin, with the 180-day correlation and beta percentiles near 97% and 99%. That means tokens may move like levered bitcoin trades today.  “Beneath the surface, conditions typically associated with rising volatility appear

04-30

Analyst Calls Local Bitcoin Top, Reveals Why The Price Is Headed Below $60,000

Crypto analyst Kaz has called the local Bitcoin top, stating that the leading crypto has little room to the upside. The analyst also explained why BTC is now likely to drop below the psychological $60,000 level, which would mark a new low for the crypto asset.  Bitcoin Top About To Form As Price Eyes Drop Below $60,000  In an X post, Kaz said Bitcoin is very close to a local top, despite market participants predicting a sustained rally to $90,000. He noted that the last local top formed around $97,000, when people were calling for a rally to $108,000, but it did not happen. Instead, BTC was rejected from the daily Fair Value Gap (FVG) and recorded a massive decline.  Kaz stated that the same price action is playing out again, with Bitcoin very close to the local top and a daily FVG in place. The analyst predicted that BTC might be rejected from the daily FVG and form a local top between $80,000 and $82,000. He also mentioned that the final range wont dump in an instant but would rather be a slow bleed.  The analyst further pointed to the first week of May as when the Bitcoin top could form. Commenting on

04-30

BNB Technical Analysis Apr 30

Tech  BNB Technical Analysis Apr 30  BNB continues in a downtrend; remains below EMA20 and Supertrend issues a bearish signal. Critical support around $609 is being tested, with RSI neutral while MACD exerts negative pressure.  Executive Summary  BNB is trading around $617, with the overall technical picture showing a bearish outlook. The price is positioned below EMA20 ($624.36), and Supertrend resistance stands out at $664.92; RSI remains neutral at 46, but MACD supports downside momentum with a negative histogram. Critical support at $609.28 (84/100 strength) poses risk, and if the upper resistance at $620.40 (68/100) cannot be overcome, bearish targets may activate. Bitcoins incorrect movement could create pressure on altcoins; check detailed data in BNB Spot Analysis and BNB Futures Analysis.  Market Structure and Trend StatusCurrent Trend Analysis  BNB shows a clear downtrend dominance in its overall trend direction; it closed in the $610.26-$629.61 range with a 1.54% decline over the last 24 hours. Failure to form higher highs/lower lows in the long-term structure confirms movement within a bearish channel. In the short term (1D), the price continues to stay below EMA20, issuing a short-term bearish signal. Multi-timeframe analysis shows upward movement limited with 1 support/4 resistance points on the 1D chart; there is no structural

04-30

Crypto hacks continue as Wasabi Protocol drained for $4.5 million in admin key compromise

DeFi cant stop bleeding, and Wasabi Protocol is the latest to find out why.  Wasabi Protocol, a perpetuals trading platform built on Ethereum and Base, was drained of approximately $4.55 million on Thursday after attackers compromised the protocols deployer key, security firm Blockaid said in an X post.  The hack is the latest in a month that has produced over $605 million in DeFi losses across at least 12 incidents.  The mechanic was an externally owned account, or EOA, called wasabideployer.eth held the sole ADMIN_ROLE in Wasabis permission system.  An EOA is a wallet controlled by a private key, as opposed to a smart contract. Whoever holds the key controls the wallet. Once the attacker had access to the deployer key, they called grantRole on the permission contract to give themselves admin privileges with zero delay.  Their helper contract then upgraded Wasabis perp vaults and LongPool to malicious implementations that drained the balances, Blockaid said.  The exploit relied on UUPS upgradeability, a pattern where a smart contract can swap out its underlying code while keeping the same address.  UUPS is widely used because it lets developers fix bugs without migrating users. It also means that if an attacker controls admin permissions, they can replace the contracts logic

04-30

Stellantis (STLAM) Shares Plunge 6% as Tariff Adjustment Masks Weak North American Performance

The automaker reported net revenues of €38.13 billion, representing a 6% increase from the prior year. While this topped the 4.7% growth rate analysts anticipated, it nonetheless underperformed absolute revenue forecasts. The company recorded a net profit of €377 million, marking a dramatic reversal from the €387 million loss reported during the first quarter of 2025.  Adjusted operating income reached €960 million with a 2.5% margin, surpassing the consensus projection of €696 million. Given these seemingly positive metrics, what triggered the sharp selloff?  Stellantis shares fell 7% even after Q1 adj oper. income rose to €960M, well above the €568M consensus. Revenue increased 6% to €38.1b, but the quarter also included about €400M of expected U.S. tariff refunds, which likely tempered investor enthusiasm around the turnaround   Research analysts at Jefferies identified approximately €400 million in IEEPA tariff cost adjustments embedded within the North American segment results. When this adjustment is excluded, adjusted operating income falls to roughly €560 million — translating to a 1.2% margin that significantly trails the 1.8% consensus forecast.  “NA missed headline, and to a greater extent excl IEEPA, with mix and cost possibly looking weaker than expected,” Jefferies wrote.  North American Operations Fall Short of Expectations  North America represents the critical

04-30

Inside the 95 Trillion Shiba Inu Coin Wallet: Massive 800 Billion Transfer Sparks New Ryoshi Identity Speculation

Crypto  Inside the 95 Trillion Shiba Inu Coin Wallet: Massive 800 Billion Transfer Sparks New Ryoshi Identity Speculation  Against the backdrop of stagnation in the Shiba Inu coin price, attention is focused on fund movements in a wallet that controls more than 16% of the tokens total supply. For the first time in a long while, this “sleeping” giant showed activity, transferring 800 billion SHIB to the CoinMENA exchange.  This address, marked as ‘$13752购买103万亿枚SHIB’ on Arkham, is an anomaly even by crypto market standards. In 2020, the owner bought 103 trillion SHIB for just $13,700, which is either the most successful deal in the history of meme coins or some kind of insider play, since at the 2021 peak his holdings were valued at $9.1 billion.  Why the biggest individual SHIB holder is finally moving tokens  Despite the fact that the current market value of his assets has dropped to $588 million, he still holds 16.2% of the total SHIB supply, and the recent transfer of $4.9 million is only 0.8% of his current holdings. This does not look like a panic dump, but rather a one-time profit-taking or liquidity provision.  Breaking: Ripple Expands Its Presence in Middle East with New HQ  XRP Goes Mainstream in Japan

04-30
1
...
869871
...
1000