Coinbase to Delist This Ethereum-Based Stablecoin in May

At Aprils close, Coinbase is issuing delisting alerts on a few crypto assets. In a recent tweet, Coinbase reminds users that trading for Dai (DAI) will be disabled on coinbase․com and the Coinbase mobile app on May 4, 2026. In addition, send and receive support for Dai (DAI) will be temporarily disabled from May 4 to 6, 2026.  Reminder: trading for Dai (DAI) will be disabled on coinbase․com and the Coinbase mobile app on May 4, 2026. Send and receive support of Dai (DAI) will be temporarily disabled from May 4-6, 2026.  Users in the following EEA regions will not have their DAI migrated: AT, BE, BG,…  DAI is an Ethereum-based stablecoin overseen by MakerDAO. Users in selected EEA regions will not have their DAI migrated. Coinbase notes that any Dai (DAI) remaining on the platform as of May 4 will be converted to USDS (USDS) at a rate of 1 DAI: 1 USDS. As a result, users are urged to send their tokens to a compatible self-custody wallet before the May 4 deadline.  Breaking: Ripple Expands Its Presence in Middle East with New HQ  XRP Goes Mainstream in Japan with Rakuten Integration  You Might Also Like  Coinbase regularly monitors the assets on the crypto exchange to

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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

Small caps have been crushing the S&P500 in 2026

Finance  Small caps have been crushing the S&P500 in 2026  As mega-cap stocks, led by giants such as Nvidia (NASDAQ: NVDA), have been dominating finance narratives, small-cap companies have, on average, actually been outperforming their bigger peers in 2026.  Specifically, the benchmark S&P500 equity market index rose 4.05% this year from 6,858 on January 2 to nearly 7,136 at the latest close on April 29. Simultaneously, the Russell 2000 – comprised of the smallest 2,000 of Americas 3,000 biggest public companies – rallied 9.22% from 2,508 to over 2,739 in 2026.  Russell 2000 and S&P500 index YTD performance. Source: Google  One trait of the index tracking the smaller 2,000 U.S. companies that it shares with the one following the 500 bigger is that, judging by the year-to-date (YTD) heatmap, it owes much of its success to a relative handful of major winners.  Still, as could be expected given the higher-risk, higher-reward nature of the equities involved, the Russell 2000 features a more extreme spread in terms of YTD performance.  These are the top Russell 2000 stocks of 2026  Inside the S&P500, there are six stocks that more than doubled their value in 2026, with SanDisk (NASDAQ: SNDK) – having risen 348% – and Intel (NASDAQ: INTC) – at

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

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EUR/JPY drops to near 186.00 amid fresh intervention warnings from Japan

The Euro (EUR) has pulled back form two week highs above 187.50 against the Japanese Yen (JPY) on Thursday, retreating to 186.20 at the time of writing, as Japanese Finance Minister Satsuki Katayama launched a clear intervention warning.  Katayama affirmed on Thursday that the “timing for decisive action is near” and that Japanese authorities are getting closer to stepping into the FX markets. These comments arrive after the USD/JPY crossed the key 160.00 level, considered a line in the sand for Tokyo.  The JPY was showing the weakest performance among the G8 currencies on Thursday. The latest jump in Oil prices and the prospect of an extended blockade in the Strait of Hormuz have reactivated concerns about the consequences for the Crude-importing Japanese economy, offsetting the hawkish tone of the Bank of Japans (BoJ) recent monetary policy meeting.  In Europe, German jobless figures in March disappointed. The unemployment rate rose to 6.4%, against the market consensus of a steady 6.3% rate from February. Data from Destatis revealed that the number of jobless workers increased by 20K, exceeding the 4K forecasted by market analysts and keeping the total unemployment figure beyond 3 million.  These figures offset the 0.3% increase of the first quarters Gross Domestic

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

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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

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