Ex SEC advisor joins KAST as stablecoin policy race heats up

KAST has appointed former SEC senior advisor Stephanie Allen as head of corporate and policy communications. KAST named former SEC senior advisor Stephanie Allen as head of corporate and policy communications.The stablecoin firm raised $80 million in Series A funding that closed in March.KAST offers USD accounts and stablecoin payments across 170 countries for consumers and businesses.  The stablecoin payments firm said the hire will support its growth in North America and Latin America. KAST announced Allen‘s appointment on Thursday. She will lead the company’s corporate and policy communications strategy.  The company said Allen will work on its public profile with policymakers, media, and industry groups. Her role comes as stablecoin firms face closer attention from regulators.  Allen brings SEC communications experience  Allen previously served as a senior advisor at the U.S. Securities and Exchange Commission. She advised agency leadership on internal and external communications.  KAST said Allen also served as an SEC spokesperson and advised the agencys Crypto Task Force.  Brad Jaffe, KAST‘s chief corporate affairs officer, said, “Her knowledge of the policy and regulatory landscape stemming from her leadership position at the SEC and deep U.S. public and private sector experience will help drive KAST’s momentum.”  Additionally, KAST was founded in July 2024 by former

04-30

Shiba Inu Whale Moves 800B SHIB, Sparks Market Focus Shift

Tech  Shiba Inu Whale Moves 800B SHIB, Sparks Market Focus Shift  Shiba Inus price has stalled, yet a major wallet movement has shifted market attention. A long-dormant holder controlling a large share of supply has resurfaced. The transfer raised fresh questions about liquidity and future price direction. The now track wallet activity more closely than short-term price action.  Massive SHIB Wallet Activity Raises Questions  showed that a wallet holding over 16% of total Shiba Inu supply moved 800 billion tokens to CoinMENA. This marked the first activity from the address in a long period. The wallet, labeled “$13752购买103万亿枚SHIB” on Arkham, has drawn attention for years due to its size.  Reports indicate the owner acquired 103 trillion SHIB in 2020 for only $13,700. At the 2021 peak, those holdings reached a valuation of $9.1 billion. Observers described this as one of the most profitable meme coin . Others suggested the purchase may have involved insider-level timing, though no evidence confirms this claim.  Despite a drop in value to $588 million, the wallet still controls 16.2% of total supply. Data shows the recent transfer equals roughly $4.9 million, or just 0.8% of holdings. Analysts said the scale does not suggest panic selling. Instead, they linked the move to

04-30

Meta Rolls Out Creator Payouts In Philippines

They say journalists never truly clock out. But for Christian, that‘s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.  Christians journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).  Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his

04-30

EUR/USD: Correction unfolds as ECB nears decision – MUFG

Finance  EUR/USD: Correction unfolds as ECB nears decision – MUFG  MUFGs Lee Hardman highlights that EUR/USD has slipped back below 1.1700 as the Euro corrects lower into the ECB meeting. Rising Oil prices are increasing stagflation risks for Europe, yet narrowing yield spreads versus the US and expectations for multiple ECB rate hikes have helped the Euro hold up better than historical oil-price sensitivities would suggest.  Euro pressured by energy and ECB  “The euro has dropped backed below the 1.1700-level overnight hitting a low of 1.1655. The euro is correcting lower ahead of todays ECB policy meeting after recently rising to a high of 1.1849 on 17th April.”  “Still, the euro is holding up better than we had initially anticipated in response to the energy price shock. Based on past price action, we would have expected the euro to weaken by around -0.7% for every 10% increase in the price of oil.”  “So far the price of Brent has increased by just over 70% since the conflict started but EUR/USD has only declined by just over 1% (rather than by around -5.0%). It highlights the disappointing performance of the US dollar but still makes us wary that the euro could weaken much further if the energy

04-30

Meta’s USDC pilot shows how stablecoins could capture billions in creator payouts

Libra launched in 2019, rebranded to Diem, and sold its blockchain assets to Silvergate Bank in 2022, three years of work that ended when regulators pushed back, and bank partners withdrew.  On Apr. 29, Meta announced USDC payouts to eligible creators through compatible crypto wallets on Solana and Polygon, starting with selected creators in Colombia and the Philippines.  Meta is plugging creator payouts into dollar-stable rails that Stripe, Circle, and others have spent years building. The current rollout asks eligible creators to connect a compatible wallet and receive USDC directly from Metas creator payout system.  Goldman Sachs pegged the creator economy at roughly $250 billion in 2023 and projected it could reach $480 billion by 2027, spanning roughly 50 million creators whose income flows from brand deals, platform ad revenue shares, subscriptions, tips, and direct payments.  Goldman found that brand deals account for about 70% of creators revenue, meaning most creator income flows through business-to-creator payment pipelines.  A 10% slice of a $250 billion creator economy represents $25 billion annually, roughly $2.1 billion per month, flowing over stablecoin rails. By 2027, 10% of Goldmans projected $480 billion market puts that figure at $48 billion annually, or $4 billion per month.  These TAM scenarios are pegged to

04-30

Crypto Market Shows Stalled Momentum Amid Prevailing Neutral Sentiment

The crypto sector has witnessed mild movements amid a mixed outlook. Hence, the total crypto market capitalization accounts for a total of $2.58T after a slight 0.61% rise. However, the 24-hour crypto volume has dropped by 8.51%, reaching $117.71B. At the same time, the Crypto Fear & Greed Index is standing at 43 points, signaling Neutral sentiment among the market participants.  Bitcoin ($BTC) Drops by 2.38% and Ethereum ($ETH) Sees 3.88% Dip  Particularly, the top crypto asset, Bitcoin ($BTC), is now changing hands at $75,396.41. This price level highlights a 2.38% decrease while Bitcoins ($BTC) market dominance is 59.9%. Additionally, the flagship altcoin, Ethereum ($ETH), is now trading at $2,235.49, displaying a 3.88% dip. In the meantime, the market dominance of $ETH accounts for 10.9%.  Wrapped Everscale ($WEVER), TRUMP AI ($TRUMP), and TRUMP MAGA ($MAGA) Lead Crypto Gainers of Day  Apart from that, the list of today‘s leading crypto gainers includes Wrapped Everscale ($WEVER), TRUMP AI ($TRUMP), and TRUMP MAGA ($MAGA). Specifically, Wrapped Everscale ($WEVER) indicates a staggering 2291.56% increase, hitting the $0.07478 mark. Subsequently, a 453.36% rise has placed TRUMP AI’s ($TRUMP) price at $2.30. Following that, TRUMP MAGA ($MAGA) is now hovering around $0.01843, after a 361.53% jump.  DeFi TVL Slumps by 0.15%

04-30

Unilever (UL) Stock Climbs as Q1 Results Surpass Expectations on Strong Volume Growth

Emerging market territories collectively registered 5.7% underlying sales growth. India demonstrated particularly robust performance, while Latin American operations rebounded following what management characterized as “decisive measures” implemented across the region.  Chief Executive Fernando Fernandez highlighted that the company launched the year with “volume-led expansion” and emphasized “widespread momentum” throughout its emerging markets operations.  Despite ongoing macroeconomic headwinds, Fernandez expressed continued confidence in achieving full-year targets. The executive, who assumed leadership last year, has spearheaded an extensive business transformation.  This transformation initiative has encompassed senior leadership replacements and reductions in corporate workforce levels.  Major Portfolio Transformation Underway  Approximately one month ago, the company announced an agreement with spice manufacturer McCormick to merge their respective food operations into a newly formed entity valued at approximately $65 billion, including debt obligations.  The transaction structure involves cash and stock, with Unilever shareholders receiving a 65% ownership stake in the combined enterprise. Some European institutional investors have expressed reservations about the deal, citing concerns over exposure to leveraged American food sector assets.  This McCormick transaction aligns with Unilevers broader strategic pivot toward beauty, personal care, and household products — systematically reducing food business exposure.  In recent years, the company has separated its ice-cream division into Magnum Ice Cream, divested its tea operations, and

04-30

“Bitcoin Will Hit $1 Million,” Says Eric Trump at Bitcoin 2026

Eric Trump said Bitcoin will hit one million dollars, and his conviction has only grown stronger.Trump confirmed the US holds 300,000 BTC through the Strategic Bitcoin Reserve and will not sell.Banks closed over 350 Trump Organization accounts, pushing Eric to co-found American Bitcoin.  Eric Trump took the stage at the Bitcoin 2026 Conference and made his position on digital assets clear. Bitcoin is not just an investment. It is, in his telling, the most important financial asset of the generation, a technology that governments tried to suppress, failed, and are now quietly accumulating for themselves.  “We have won this,” Trump told the audience. “They are not putting this cat back in the bag. It‘s not happening. It will never happen. I don’t care who you put in there.”  The $1 Million Call  When asked for his Bitcoin price target for 2030, Trump did not hedge. He said a million dollars, the same answer he gave a long time ago, and said his conviction has only grown stronger.  “I have absolute conviction in my mind that Bitcoin is going to hit a million dollars,” he said. “I don‘t know if it’s 2030. I don‘t know if it’s 2031. But I absolutely believe it gets there. I

04-30

Ex SEC advisor joins KAST as stablecoin policy race heats up

KAST has appointed former SEC senior advisor Stephanie Allen as head of corporate and policy communications. KAST named former SEC senior advisor Stephanie Allen as head of corporate and policy communications.The stablecoin firm raised $80 million in Series A funding that closed in March.KAST offers USD accounts and stablecoin payments across 170 countries for consumers and businesses.  The stablecoin payments firm said the hire will support its growth in North America and Latin America. KAST announced Allen‘s appointment on Thursday. She will lead the company’s corporate and policy communications strategy.  The company said Allen will work on its public profile with policymakers, media, and industry groups. Her role comes as stablecoin firms face closer attention from regulators.  Allen brings SEC communications experience  Allen previously served as a senior advisor at the U.S. Securities and Exchange Commission. She advised agency leadership on internal and external communications.  KAST said Allen also served as an SEC spokesperson and advised the agencys Crypto Task Force.  Brad Jaffe, KAST‘s chief corporate affairs officer, said, “Her knowledge of the policy and regulatory landscape stemming from her leadership position at the SEC and deep U.S. public and private sector experience will help drive KAST’s momentum.”  Additionally, KAST was founded in July 2024 by former

04-30

AAVE Price Prediction: $105 Target Within 48 Hours as Smart Money Accumulates

AAVE sits in a deceptive calm at $96.89, trading just below its 20-day moving average of $97.76 while the broader DeFi narrative remains subdued. The 0.69% daily decline masks underlying accumulation patterns that suggest institutional positioning ahead of a potential breakout. With the token holding above its 7-day SMA of $95.76, the selling pressure appears exhausted rather than accelerating.  The derivatives market tells a different story than spot price action. Open interest has expanded 2.93% in 24 hours to $63.9 million, signaling fresh capital deployment rather than profit-taking. This divergence between muted spot movement and growing futures positioning typically precedes significant directional moves.  Indicator Alignment  The technical setup presents a coiled spring scenario. While the RSI at 48.38 suggests neutral momentum, the MACD histogram at effectively zero (-0.0000) indicates consolidation rather than bearish continuation. The Bollinger Band position at 0.47 places AAVE in the lower-middle range, providing ample room for expansion toward the $111.90 upper band.  More telling is the stark contrast between surface-level indicators and market microstructure. The daily ATR of $7.02 confirms compressed volatility, yet aggressive buying pressure maintains a 1.25 taker buy/sell ratio. This combination of low volatility and persistent buying typically resolves with explosive upward moves, as confirmed by analysis

04-30
1
...
865867
...
1000