Gold Price Forecast: XAU/USD returns above $4,600 as the US Dollar eases

XAU/USD price action holds within a downward parallel channel, but technical indicators on the 4-hour chart point to an improving momentum. The Relative Strength Index (RSI) has popped up above 50, and the Moving Average Convergence Divergence (MACD) line has crossed above the Signal line, adding to the case of a bullish reversal.  The precious metal is now testing the top of the downtrend channel, around $4,640. Further up, the previous support area around $4,665 and the April 24 and 27 highs near $4,730 are likely to challenge bulls.  On the downside, key support is at the confluence of Wednesdays low with the channel base, near the $4,500 level. Further down, the March 26 low, at the $4,350 area, emerges as a plausible target.

04-30

U.S. says it seized nearly $500 million in Iranian crypto assets

The U.S. has seized nearly $500 million in Iranian crypto assets, Treasury Secretary Scott Bessent said. Treasury Secretary Scott Bessent said U.S. crypto seizures tied to Iran now approach $500 million.The figure is higher than the $344 million USDT freeze previously confirmed by Tether.The seizures form part of Operation Economic Fury, targeting Irans banks, crypto assets, and oil networks.  The figure is higher than the $344 million in USDT previously reported as frozen by Tether. Bessent said the seizures are part of Operation Economic Fury. President Donald Trump ordered the campaign in March 2025 to increase financial pressure on Iran.  The campaign targets crypto assets, bank accounts, overseas property, and other holdings linked to Iranian officials and networks.  Treasury expands Iran pressure campaign  Bessent said, “We are freezing bank accounts everywhere. More importantly, we are making people less willing to deal with the regime.”  He also said retirement funds and overseas real estate held by Iranian officials are being targeted. The Treasury has used sanctions and asset freezes to limit Irans access to global finance.  Moreover, the nearly $500 million figure is above the $344 million in crypto assets reported earlier. Tether said it froze more than $344 million in USDT at the request of U.S.

04-30

Bitcoin Price Prediction May 2026: Can BTC Break The 200-Day EMA In May?

Bitcoin  Bitcoin Price Prediction May 2026: Can BTC Break The 200-Day EMA In May?BTC trades at $75,684, down 0.09%, inside a rising channel with the 200-day EMA at $82,228 as the key May target.Spot ETFs saw $490.62M in weekly outflows as 30-year Treasury yields hit 5% and three Fed officials pushed back against easing.Coinbase and Glassnode survey found 75% of institutions consider BTC undervalued, with the on-chain BCMI at 0.37, a deep value reading.  Bitcoin trades at $75,684 on April 30, entering May with ETF outflows accelerating, Treasury yields at their highest since July 2025, and on-chain data printing the deepest undervaluation reading since the 2023 cycle low. The macro picture is a headwind. The accumulation signal is pointing the other way.  Can BTC Break The 200-Day EMA In May?  Bitcoin has been building a rising channel since the February low near $62,000, with the lower boundary holding through every pullback in April. The SAR at $74,604 and the 50-day EMA at $73,642 sit below price as the first support levels for May. The 100-day EMA at $75,623 is flush with current price and needs to hold on a daily close basis.  The 200-day EMA at $82,228 is the level that defines the month. BTC

04-30

Shinhan Card Partners Solana Foundation to Pilot Stablecoin Payments

At the center of the partnership is a plan to simulate real-world payment scenarios using s test network. The companies will test transactions between consumers and merchants while evaluating the performance and reliability of the under commercial conditions.  A key focus will be non-custodial wallets, which allow users to hold and manage their own funds without intermediaries. Shinhan Card said it intends to assess both the technical stability and operational viability of such wallets, with an emphasis on balancing user control and security.  Beyond payments, the collaboration will explore a hybrid financial model that merges traditional banking systems with . Shinhan plans to use technology to connect real-world transaction data with networks, enabling execution tied to off-chain activity. The firm will also develop monitoring tools to oversee these systems, aiming to ensure consistency and reliability.  The move highlights how established financial players are approaching adoption cautiously, focusing first on controlled testing environments before committing to full-scale deployment. Shinhan Card said it will use the results of the joint research to guide future product development, while aligning any rollout with evolving regulatory standards.  Pilot Follows South Koreas Digital Asset Act  Regulation remains a key variable. South Korea is in the process of finalizing the Digital Asset

04-30

Pound Sterling faces pressure after BoE leaves interest rates unchanged at 3.75%, as expected

Finance  Pound Sterling faces pressure after BoE leaves interest rates unchanged at 3.75%, as expected  The Pound Sterling (GBP) faces selling pressure, prima facie, after the Bank of Englands (BoE) monetary policy announcement. As expected, the BoE has left interest rates unchanged at 3.75%, with an 8-1 majority. This is the third straight meeting that the BoE has maintained the status quo.  BoE Chief Economist Huw Pill was the one Monetary Policy Committee (MPC) member who dissented from the hold decision and voted for an interest rate hike. Pill was expected to advocate an interest rate hike, as he stated in an event in the middle of the month, that interest rates should be raised for inflation to return to the central banks 2% target.  The BoE needs to make decisions that give “the most insurance” against a repeat of the 2022 inflation shock, Pill argued, warning against a “wait and see approach,” Bloomberg reported.  Meanwhile, the US Dollar (USD) faces intense selling despite growing concerns over the Strait of Hormuz outlook and a hawkish Federal Reserve (Fed) hold.  United States (US) President Donald Trump stated on late Wednesday that Washingtons naval blockade of Iranian sea ports will continue until Iran gives up its nuclear ambitions.  On

04-30

ECB: Expected to hold rates with hawkish risks – TD Securities

Bitcoin Ethereum News  TD Securities strategists expect the European Central Bank (ECB) to leave the deposit rate at 2.00%, reiterating a meeting-by-meeting approach without pre-committing on future moves. However, recent inflation expectations data raise the risk of a more hawkish press conference. President Lagarde is seen acknowledging potential need to move rates if incoming data continue to support higher inflation expectations.  ECB steady but hawkish risk elevated  “We expect the ECB to keep the deposit rate on hold at 2.00%, with the press conference being an extension of the last with an update on where things stand today in relation to the March projections, but no explicit commitment to future decisions.”  “As such, the statement should maintain the meeting-by-meeting approach and the Governing Council would not ”pre-commit to a particular rate path“.”  “However, the risks of a hawkish message in the press conference have increased given the outsized CES [Consumer Expectations Survey] 3-year inflation expectations release.”  “Though Lagarde is unlikely to signal exact timing, we expect her to give a nod to the need to move off the perch if more data evidence supports the CES lean.”  “Put together, we expect the lack of clear evidence of pass through to core inflation and faltering GDP growth would

04-30

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

Ethereum price has broken down from an ascending trendline support on the daily chart — April 30  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

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 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

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