Oobit Launches Agent Cards to Spend USDT Directly on Visa Rails

Finance  Oobit Launches Agent Cards to Spend USDT Directly on Visa Rails  Oobit, the Tether-backed global payments platform that enables users to pay and operate globally with crypto directly, has launched Agent Cards, a virtual card product built for businesses running autonomous systems.  The cards give agents controlled spending power, funded directly from a companys USDT stablecoin treasury. No need to convert into fiat. Each card runs on the Visa network, and spend limits are enforced server-side with no override path.  The launch targets a growing gap in enterprise operations. The global agent systems market could reach USD 10.69 billion in 2026, according to Bayelsa Watch. Currently, 62% of organizations are already experimenting with the technology. Despite this growth, payment infrastructure has not kept pace.  Autonomous Payment Systems Face a Persistent Control Problem  Autonomous systems today manage marketing automation, cloud procurement, SaaS subscriptions, and ad buying. Yet when these systems need to make a payment, most businesses face the same problem. They either share full corporate card credentials with the agent or route every charge through a human approver.  Both options carry real costs. Shared credentials create financial exposure. Manual approvals slow down the automation and reduce its value entirely. When an agent needs to spend money,

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Analysis: Bitcoins 46-day funding drain set the stage for this weeks wipeout

Bitcoin funding rates stayed negative for 46 days, the longest since 2023, forcing shorts to pay longs daily.Bitcoin funding rates stayed negative for 46 consecutive days, the longest such streak since 2023.An estimated 30 to 40 percent of short margin was eroded by funding costs before Strategys $2.54B purchase triggered the final squeeze.Over $427 million in short positions were liquidated after weeks of margin drain, with Bitcoin now pressing toward the critical $80,000 breakout level.  Bitcoin shorts didnt just lose money when the squeeze hit; they had been losing money long before it arrived.  For 46 consecutive days, funding rates stayed negative, forcing short traders to pay longs simply to hold their positions.  According to CoinDesk, that stretch marked the longest negative funding period since 2023. When Strategy‘s $2.54 billion purchase and Trump’s Iran ceasefire extension finally landed, the damage was already done. The catalysts were just the final blow.  Negative funding rates made holding Bitcoin shorts expensive  Funding rates are periodic payments exchanged between long and short traders in perpetual futures markets. When rates turn negative, shorts pay longs to keep positions open. That cost runs on a clock, not a chart.  As Leverage.Trading outlines in its breakdown of funding rates, at 20x leverage, a

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Zcash Price Prediction: Can ZEC Break $400 After April Consolidation?

Tech  Zcash Price Prediction: Can ZEC Break $400 After April Consolidation?  The post Zcash Price Prediction: Can ZEC Break $400 After April Consolidation? appeared first on Coinpedia Fintech News  Zcash price action in April reflects a shift in both structure and narrative, as ZEC holds above key technical levels while adoption metrics strengthen. With rising shielded activity, new exchange integrations, and improving liquidity pathways, the current setup suggests a pivotal phase for ZEC price prediction May 2026.  Zcash Price Structure Signals Continuation Above Key Levels  The Zcash price entered a consolidation phase in April after a strong rally that pushed it above its long-standing 200-day EMA. Following a peak near the $395–$400 range, ZEC price today has been stabilizing between $300 and $380, forming a bullish pennant, that shows momentum could resume if resistance levels are cleared.  Moreover, the $400 level has emerged as a key psychological and technical barrier. A decisive breakout above this range could shift short-term sentiment and open the path toward $450–$457. On the downside, maintaining support near $300 remains essential to preserve the current bullish structure. As a result, ZEC current price movements are closely tied to this tightening range, which may define the next directional move.  Shielded Supply and On-Chain Activity

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The Man Who Made DOGE a Billion-Dollar Asset Said Most Crypto Is a Scam

Crypto  The Man Who Made DOGE a Billion-Dollar Asset Said Most Crypto Is a ScamMusk said most crypto is a scam under oath, while his tweets made Dogecoin worth billions.The comment came during his OpenAI lawsuit against Sam Altman in an Oakland courthouse now.Worldcoin Altmans crypto project has lost 98% of its peak value, adding context to the clash.  Elon Musk was sitting in an Oakland courthouse on Wednesday, testifying in his lawsuit against OpenAI, when a question about cryptocurrency produced one of the trials most quoted lines.  Three words from the man who turned Dogecoin, a token created as a joke, into a multi-billion dollar asset with a handful of social media posts and whose tweets moved crypto markets more reliably than any regulatory announcement.  His company also bought $1.5 billion in Bitcoin in 2021, whose cultural footprint helped create an entire ecosystem of meme tokens, including Asteroid Inu, that trade almost entirely on his name and persona.  The question worth asking is whether this is a genuine industry reality check or selective criticism shaped by personal rivalry with the man sitting across from him in court.  The Altman Shadow  The crypto comment did not arrive in a neutral setting. Musk is suing Sam Altman and

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Best Memecoins 2026: Based Eggman and Shiba Inu Move Higher as Crypto IPO Wave Builds

Crypto  Best Memecoins 2026: Based Eggman and Shiba Inu Move Higher as Crypto IPO Wave Builds  The crypto IPO pipeline is reshaping how institutional capital enters the sector, with Kraken advancing its public listing plans and broader IPO momentum lifting sentiment across digital assets.  Memecoins are catching the spillover, and Based Eggman ($GGs) is leading the best crypto presale conversation on Base. Stage 3 has crossed $315K raised, with roughly four days remaining before the next price tier.  IPO Wave: How Institutions Are Bringing Trust to Crypto  When crypto firms move toward public markets, the legitimacy boost lifts the entire sector. Retail attention follows institutional headlines, and that attention typically rotates from majors into higher-beta plays once the initial news fades.  Memecoins are where that energy lands. The top crypto presale tier benefits first because early-stage campaigns offer the asymmetric upside that exchange-listed tokens cant replicate at scale. Based Eggman ($GGs) is one of the names positioned to ride that flow.  How Shiba Inu Fits the Conversation  Shiba Inu has built out the deepest memecoin ecosystem outside DOGE, with ShibaSwap and Shibarium Layer-2. 2026 forecasts put SHIB at $0.00003 to $0.00005, with deflationary burns supporting the long-term thesis.  The IPO wave benefits SHIB through broader sentiment lift rather than

05-01

USD/JPY: Intervention buys time as risks persist – MUFG

Finance  USD/JPY: Intervention buys time as risks persist – MUFG  MUFG‘s Derek Halpenny argues that recent Japanese authorities’ action around the 160 level in USD/JPY likely reflects renewed intervention, with the move seen as buying time for the BoJ and government as they face Middle East uncertainty and domestic cost-of-living concerns. He warns that with yen shorts less extended and global yields rising, USD/JPY could rebound quickly if energy prices or geopolitical risks escalate.  BoJ action seen as time-buying move  “The five-big figure drop in USD/JPY is far too big a move on just rhetoric and the report from the Nikkei that intervention took place points strongly to intervention.”  “What this intervention does is provide some time for the BoJ to assess the uncertainties related to the conflict in the Middle East. There was an understandable reluctance to hike this week due to the lack of clarity and that reluctance coupled with the Fed being more hawkish opened up scope for a de-stabilising yen sell-off, possibly next week when Japan will be on vacation for Golden Week – Monday through Wednesday next week is a Japan holiday.”  “But with yen shorts not as extensive as in past intervention episodes there is a danger that this action

05-01

BTC price bounces as big tech earnings fuel optimism; short-term pressures remain: Crypto Daily

Bitcoin Crypto  BTC price bounces as big tech earnings fuel optimism; short-term pressures remain: Crypto Daily  Bitcoin climbed to $77,400, turning higher with other risk assets after earnings reports from the largest U.S. tech companies helped steady markets.  The gains came after Apple (AAPL) joined peers with an earnings report that improved sentiment across the industry. The companies, which include Google parent Alphabet (GOOG), Microsoft (MSFT), Meta (META) and Amazon (AMZN), all reported double-digit revenue growth earlier this week.  The earnings reports helped risk assets rise as renewed confidence in the AI growth story pulled investors back into equities and crypto, though the bounce so far reflects relief buying rather than conviction that a new rally has begun.  In a note shared with CoinDesk, crypto exchange Mercado Bitcoin said the market is dealing with “short-term pressure with still-mixed structural factors,” including reduced rate-cut hopes, ETF outflows and higher geopolitical risk.  Crypto prices held this week even as oil surged and spot bitcoin ETFs saw more than $400 million of outflows as April came to a close.  Oil remains a key factor. Higher crude prices from the Iran conflict and disruption in the Strait of Hormuz could feed inflation, making central banks less willing to cut interest rates.

05-01

Bank of England: Active hold with June risks – Rabobank

Finance  Bank of England: Active hold with June risks – Rabobank  Rabobanks RaboResearch notes the Bank of England kept rates unchanged while striking an “alert but careful” tone, with Governor Bailey describing an “active hold” that balances persistent inflation risks against softer activity and employment. The bank expects more MPC members to lean toward tightening in June, contingent on how energy costs from Gulf tensions feed through to broader UK inflation.  BoE balances inflation and growth risks  “Across the Channel, the Bank of England struck an ”Alert but careful“ tone, also holding rates steady.”  “Governor Bailey described the stance as an ”active hold,“ balancing persistent inflation risks against growing concerns over employment and activity.”  “That said, we expect more Monetary Policy Committee members to lean toward tightening in June.”  “Ultimately, how far that shift goes will depend heavily on developments around the Strait of Hormuz and the extent to which higher energy costs feed through into broader inflation.”

05-01

Strategy (MSTR) Stock Climbs 5% Following Major Institutional Investments and Stable Bitcoin Holdings

Strategy Inc, MSTR  In Thursdays premarket trading, MSTR climbed 1.03% to reach $159.82 following the announcement. This uptick came after the stock experienced a 4.54% decline in the previous session, settling at $158.19 on Wednesday.  AIMCo joins a growing roster of institutional investors expanding their MSTR positions. Capital Group recently increased its holdings by 4.32 million shares through its American Funds Fundamental Investors vehicle, elevating its total position to 10.33 million shares with a current valuation of approximately $1.63 billion.  Vanguard made its own strategic addition during April, acquiring over 1.2 million shares valued at $195 million at the time of purchase. The investment giant now controls slightly more than 2 million shares through its VOE ETF, presently worth around $323 million.  Significant Slowdown in Bitcoin Accumulation  Strategys most recent Bitcoin acquisition showed a dramatic decrease compared to the preceding week. The company secured 3,273 BTC for $255 million, a stark contrast to the 34,164 BTC purchased for $2.54 billion the week before — representing a 91% reduction in acquisition volume.  The deceleration stemmed from Strategys funding approach. Instead of utilizing its preferred STRC stock, the company relied on common stock sales this time, which constrained the amount of capital available for deployment.  Despite the reduced acquisition

05-01

PayPal Reshapes Strategy With Crypto & Payments Focus

Crypto  PayPal Reshapes Strategy With Crypto & Payments Focus  PayPal Reshapes Its Future With Leaner Structure, Crypto Push, and Unified Payment Ecosystem  PayPal Holdings has rolled out a sweeping reorganization designed to simplify its structure, speed up decision-making, and strengthen execution as it enters its next growth phase.  Well, this move sharpens focus on high-growth areas, such as crypto digital payments, consumer finance, and blockchain infrastructure, while tightening accountability across the business.  At the core of the reorganization is a aimed at simplifying decision-making and directing resources toward PayPal‘s highest long-term growth opportunities, according to the company’s official announcement.  The Payment Services & Crypto segment will bring PayPal‘s core payment infrastructure under one unified structure, combining Braintree, SMB payment processing, value-added merchant tools, and its growing crypto capabilities, including the company’s PYUSD stablecoin.  By consolidating these offerings, PayPal is aiming to streamline its payments ecosystem and build a more scalable, efficient foundation for merchants across global markets. The integration is also designed to strengthen its position in the digital asset space, allowing the company to bridge traditional payments with emerging blockchain-based finance.  The second division, Checkout Solutions & PayPal, consolidates PayPals consumer and merchant checkout experiences into a single, streamlined ecosystem.  The focus is on reducing friction at checkout,

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