Iran skips US talks, opts for Pakistan mediation amid ceasefire uncertainty

Tech  Iran skips US talks, opts for Pakistan mediation amid ceasefire uncertainty  Iran has opted to skip direct talks with the US in Islamabad, choosing instead to convey its position through Pakistan. The odds of a ceasefire by April 30 now sit at 3.2%, down from 18% a week ago.  Irans decision to bypass direct engagement with the US has traders pricing in a lack of immediate diplomatic progress. The April 30 ceasefire market sits at 3.2%, just two days before resolution. The market saw a 48-point spike earlier, but confidence has faded without concrete diplomatic breakthroughs.  The market trades $2,829,420 in daily face value, but only $66,661 in actual USDC changes hands, a gap that reflects how much of the activity is low-cost, high-leverage positioning rather than large capital commitment. It takes over $111,818 to move the market 5 percentage points, making price action relatively stable. The largest single move was the 48-point spike, driven by large orders.  Irans choice to communicate via Pakistan rather than meeting directly signals uncertainty in diplomatic channels. Traders read this as bearish for a quick resolution. At 3¢, a YES share pays $1 if a ceasefire is declared by April 30, a 33x return. For that bet to

04-29

CFTC files lawsuit blocking Wisconsin action against prediction markets

The U.S. Commodity Futures Trading Commission has sued Wisconsin, escalating its legal push to block state action against federally regulated prediction market platforms.CFTC has sued Wisconsin, arguing federal law gives it exclusive authority over prediction market contracts.Wisconsin officials have claimed the platforms offer betting products that fall under state gambling laws.CFTC Chair Michael Selig has warned states, including Wisconsin, that federal regulators will take legal action if enforcement continues.  According to a statement from the Commodity Futures Trading Commission, the lawsuit responds directly to Wisconsins recent complaints against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, all of which operate prediction markets under federal oversight.  “States cannot circumvent the clear directive of Congress,” CFTC Chairman Michael Selig said, adding that similar warnings have been issued to New York, Arizona, and other states pursuing comparable enforcement.  “Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere with the operation of federal law in regulating financial markets, we will sue you.”  Filed alongside the Civil Division of the U.S. Department of Justice in a Wisconsin federal court, the complaint argues that event-based contracts listed on registered exchanges fall under the agency‘s “exclusive jurisdiction” as designated contract markets. The filing states that

04-29

NEAR Price Prediction: $1.50 Target Within 30 Days Despite Current Weakness

NEARs Technical Reality Check  NEAR sits in limbo at $1.35, trading below key short-term averages with momentum indicators caught in neutral territory. The RSI reading of 49.42 shows neither bulls nor bears have control, while the MACD histogram flatlines at zero. NEARs position in the lower third of its Bollinger Bands at 0.21 indicates recent selling pressure may be reaching exhaustion levels.  The moving average structure reveals underlying weakness. NEAR trades 3% below the 7-day SMA and 2% under the 20-day average, signaling lost short-term momentum. The critical level remains the 50-day SMA at $1.32, currently providing 2% downside cushion as a technical floor.  Volume & Derivatives Disconnect  Spot volume of $8.6 million over 24 hours appears thin for a top-20 altcoin, suggesting limited institutional conviction. The futures market tells a more aggressive story – the taker buy/sell ratio sits at just 0.80, meaning sellers actively hit bids while buyers remain passive on the sidelines.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full NEAR price, calculator & analysis  Open interest declined 3.66% to $61.3 million in 24 hours, pointing to position unwinding rather than fresh directional bets. Retail sentiment leans bearish with 47.6% long positions, but

04-29

XLM Price Prediction: Stellar Eyes 75% Breakout Above $0.17 — December Target $0.30

Market Context: XLMs Critical Juncture  Stellar has reached a decisive inflection point as the token trades 24% below its 200-day moving average at $0.21. The recent -2.67% decline reflects broader cryptocurrency market uncertainty, yet XLMs positioning within a narrow $0.15-$0.18 range suggests accumulated energy ready for release.  Trading volume patterns indicate institutional interest remains subdued while retail participation has decreased significantly over recent sessions. The current price action resembles classic accumulation phases where smart money positions ahead of major directional moves.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full XLM price, calculator & analysis  Daily Average True Range has compressed to just $0.01, representing the tightest volatility environment for XLM in months. This compression typically precedes explosive moves of 20-40% as market forces seek resolution.  Technical Momentum Building  The technical landscape presents a neutral backdrop where momentum oscillators have reached equilibrium. RSI sits at 46.68, positioned in the middle ground between oversold and overbought territories. Meanwhile, MACD indicators have flattened near zero, suggesting the previous downtrend has lost steam without confirming bullish reversal.  Bollinger Bands reveal XLM trading at position 0.45, indicating the price sits closer to the lower band than upper resistance. This positioning often precedes

04-29

Bitcoin Scammer Gets 71 Months in Prison: Elderly Victims Robbed

Bitcoin  Bitcoin Scammer Gets 71 Months in Prison: Elderly Victims Robbed  Saipanese Sze Man Yu Inos was sentenced to 71 months in prison for fraud after scamming elderly women with Bitcoin investment promises. The federal court determined that the 30-year-old defendant defrauded her elderly victims through wire fraud.  Details of Sze Man Yu Inoss Bitcoin Scam  Inos built friendly relationships with elderly women in Saipan and Guam between November 2020 and January 2022. She claimed to come from a wealthy Chinese family, own multiple businesses, and have made huge profits from BTC detailed analysis investments. After gaining trust, she took their money, even forging the signature of a federal judge to facilitate her scam. After leaving the Mariana Islands, she pulled the same trick on elderly people in Washington and California; she continued committing crimes even while the federal case was ongoing.  Cross-State Operation and Federal Intervention  She expanded her crimes from the Mariana Islands to cover the US mainland. Prosecutors increased the severity of the sentence due to this cross-state operation. FBI Honolulu Chief David Porter and US Attorney Shawn Anderson condemned Inoss calculated manipulation of the elderly. The court also ordered $769.355,67 in restitution to victims, $684.848,34 in asset forfeiture, three years of supervised

04-29

Bitcoins April price drop linked to leverage liquidations: CryptoQuant

Bitcoin  Bitcoins April price drop linked to leverage liquidations: CryptoQuant  CryptoQuant attributes Bitcoins late-April price drop to leverage liquidations. The market predicting Bitcoin will reach $80,000 in April sits at 10.5% YES, down from 30% a day ago.  Market reaction  The market predicting Bitcoin reaching $80,000 dropped from 56% to 18% within minutes of the news. The $150,000 target remains at 0.1% YES. Traders show little confidence in a rapid rebound. Moving the $80,000 market 5 percentage points requires $266,780, so liquidity isnt the constraint; conviction is.  Why it matters  Actual USDC volume on the $80,000 target is $141,284, but face value sits at $821,420, which suggests traders are hedging rather than taking outright positions. The largest price move, a 37-point drop at 12:23 PM, confirms how quickly leverage liquidation reports can reprice these markets.  This liquidation-driven decline reflects ongoing volatility tied to leverage across crypto. A YES share in the $80,000 market at 11¢ offers a 9.1x return. For that to pay off, sentiment would need to reverse sharply before the end of April. Without specific bullish catalysts like institutional inflows or dovish Fed signals, the bet is speculative.  What to watch  BlackRock or Fidelity reporting inflows into Bitcoin ETFs, or a surprise dovish pivot from the Federal

04-29

Tokenization is growing, but Ethereum still owns the market - Heres how!

Ethereum  Tokenization is growing, but Ethereum still owns the market – Heres how!  Tokenization is growing fast. However, Is multi-chain growth just a narrative?  Ethereum is at the center of tokenized assets  According to Token Terminal, tokenized funds, stocks, and commodities are now a $38.6 billion market across 35 chains. Ethereum [ETH] alone accounts for close to $25 billion of that. Thats 65% of the total market!  This is part of a bigger trend. AMBCrypto previously reported that U.S. investors (both whales and retail) are increasing their exposure to Ethereum, regardless of market conditions.  The remaining 34 chains together are worth about $13.6 billion.  Source: Token Terminal  It‘s not that other chains are irrelevant; they’re just not dominant enough. Networks like BNB Chain [BNB], Solana [SOL], and Tron [TRX] are still seeing activity.  Multi-chain growth is a myth!  In RWAs, Ethereum led the table with about $16.7B in value, very far ahead of BNB Chain at $3.8B and Solana at $2.0B at press time.  Source: rwa.xyz  Stablecoins were similar too. Ethereum held 52.9% of stablecoin market cap, while Tron captured 27.8%. After that, Solana, BSC, Arbitrum [ARB], Polygon [POL], and others seemed to be much smaller.  Source: DeFiLlama  So, there is competition, but theres only one clear winner as it stands.  So, is Ethereums lead

04-29

CFTC files lawsuit blocking Wisconsin action against prediction markets

The U.S. Commodity Futures Trading Commission has sued Wisconsin, escalating its legal push to block state action against federally regulated prediction market platforms.CFTC has sued Wisconsin, arguing federal law gives it exclusive authority over prediction market contracts.Wisconsin officials have claimed the platforms offer betting products that fall under state gambling laws.CFTC Chair Michael Selig has warned states, including Wisconsin, that federal regulators will take legal action if enforcement continues.  According to a statement from the Commodity Futures Trading Commission, the lawsuit responds directly to Wisconsins recent complaints against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, all of which operate prediction markets under federal oversight.  “States cannot circumvent the clear directive of Congress,” CFTC Chairman Michael Selig said, adding that similar warnings have been issued to New York, Arizona, and other states pursuing comparable enforcement.  “Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere with the operation of federal law in regulating financial markets, we will sue you.”  Filed alongside the Civil Division of the U.S. Department of Justice in a Wisconsin federal court, the complaint argues that event-based contracts listed on registered exchanges fall under the agency‘s “exclusive jurisdiction” as designated contract markets. The filing states that

04-29

Bitwise CIO Reveals the Hidden Force Behind Bitcoin’s 20% Rebound

Bitcoin (BTC) has remained relatively resilient amid ongoing geopolitical tensions, with its price broadly trending higher since late February.  According to Bitwise CIO Matt Hougan, MicroStrategy has emerged as a standout contributor to the recent rally due to its continued large-scale Bitcoin purchases.  MicroStrategy‘s STRC Shares Are the Real Engine Behind Bitcoin’s Rally  In a memo published Tuesday, Hougan acknowledged that several forces have contributed to Bitcoins recent climb. He pointed to strong ETF inflows of $3.8 billion since March 1 and a wave of fresh accumulation from long-term holders.  Still, he argued that Strategy has “been the single biggest factor.” The firm snapped up $7.2 billion in Bitcoin over the last eight weeks.  “Bitcoin is up roughly 20% from its February lows, trading around $76,000. Everyone is wondering if the rally can continue. To a large degree, the answer lies with Strategy,” the executive wrote.  The firm now holds 818,334 BTC, sitting 181,666 coins short of 1 million. Galaxy Research head Alex Thorn projects that MicroStrategy could overtake Satoshi Nakamotos estimated 1.1 million BTC stash within two years if the current pace continues.  Why Bitwise CIO Thinks Strategys STRC Buying Is Far From Over  Hougan pointed out that MicroStrategy has bankrolled this buying spree by selling STRC.

04-29

Iran skips US talks, opts for Pakistan mediation amid ceasefire uncertainty

Tech  Iran skips US talks, opts for Pakistan mediation amid ceasefire uncertainty  Iran has opted to skip direct talks with the US in Islamabad, choosing instead to convey its position through Pakistan. The odds of a ceasefire by April 30 now sit at 3.2%, down from 18% a week ago.  Irans decision to bypass direct engagement with the US has traders pricing in a lack of immediate diplomatic progress. The April 30 ceasefire market sits at 3.2%, just two days before resolution. The market saw a 48-point spike earlier, but confidence has faded without concrete diplomatic breakthroughs.  The market trades $2,829,420 in daily face value, but only $66,661 in actual USDC changes hands, a gap that reflects how much of the activity is low-cost, high-leverage positioning rather than large capital commitment. It takes over $111,818 to move the market 5 percentage points, making price action relatively stable. The largest single move was the 48-point spike, driven by large orders.  Irans choice to communicate via Pakistan rather than meeting directly signals uncertainty in diplomatic channels. Traders read this as bearish for a quick resolution. At 3¢, a YES share pays $1 if a ceasefire is declared by April 30, a 33x return. For that bet to

04-29
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