Author: John Smith
Ethereum traded at $2,280.47 at press time, with 24-hour volume at $10.18 billion, according to crypto.news data. Summary Ethereum’s exchange supply ratio has dropped, but price has not yet formed a matching bottom. Binance ETH funding rates remain negative, showing traders still favor downside positions. Rising short liquidations may add buying pressure if Ethereum continues its recent recovery. ETH gained 0.75% in the past day but remained down 1.56% over the last seven days. Its market cap stood at $275.23 billion, based on a circulating supply of 120 million ETH. The price action comes as analysts track opposing signals from…
A Nordic Bitcoin education group has released an open-source AI database designed to generate evidence-backed responses to common criticisms about Bitcoin’s environmental impact and energy use. Summary Bitcoin Beyond 66 has launched an AI database that generates evidence-based responses to claims about Bitcoin’s environmental impact and energy use. The tool draws on more than 22 peer-reviewed studies and cites Cambridge research showing over 52% of Bitcoin mining uses renewable energy. Users can input criticism and receive structured replies, with response tones ranging from direct to balanced or soft depending on context. According to Bitcoin Beyond 66, the tool, called “The…
The U.S. Senate has approved a resolution banning senators and Senate staff from using prediction markets. Summary Senate approved a rule banning members and staff from using prediction markets, with the change taking effect immediately. Lawmakers cited risks of insider information misuse, with Senator Bernie Moreno saying the ban protects public trust. According to Senate proceedings, the resolution passed by unanimous consent on Thursday changed the chamber’s standing rules and took immediate effect. Lawmakers tied the ban to the risk that officials exposed to sensitive information could profit from event contracts. “Engaging in any way in a prediction market or…
CFTC Chairman Michael Selig confirmed the agency is deploying AI tools to review crypto registration applications and monitor trading data, the first major US financial regulator to use artificial intelligence to compensate for a workforce cut of more than 20% under the Trump administration’s federal staffing reductions. Summary CFTC AI tools will flag incomplete applications, reject blank filings, and send inadequate submissions to the back of the queue without human review, with staff trained on Microsoft Copilot and in-house surveillance tools under development. The CFTC’s Chicago enforcement office has no active lawyers left following a string of departures and retirements,…
Bitcoin has failed to sustain a move above $78,000 in the 24 hours following Wednesday’s FOMC decision, with three straight sessions of Bitcoin ETF outflows totaling over $490 million signaling that institutional allocators are pausing rather than adding exposure as uncertainty over the Fed’s direction deepens. Summary Bitcoin ETF products logged $137.77 million in net outflows on April 29, ending a nine-day inflow streak worth $2.1 billion. Glassnode data show Bitcoin is “trapped” below its True Market Mean at approximately $78,000 to $79,000, with perpetual futures at their most negative level on record. April closed with $2.44 billion in total…
XRP Las Vegas 2026 opened today, April 30, as Ripple covered the Las Vegas Strip with “Raise the Standard” billboards and Steven Zeiler of Yellow Network posted live from the floor calling XRP “only a step on the trajectory to becoming a global reserve currency. Summary XRP Las Vegas 2026 runs April 30 to May 1 and draws Ripple executives, regulators, and institutional investors, coinciding with the listing of Ripple’s RLUSD stablecoin on OKX and a formal Ripple-OKX partnership announced April 29. White House advisor Patrick Witt hinted at major new developments for the national Bitcoin strategic reserve in the…
Ripple-backed XRP treasury company Evernorth has named OpenAI Foundation CFO Robert Kaiden and Antalpha COO Derar Islim as independent directors in its second SEC S-4 amendment, bringing AI and institutional finance expertise onto the board of the company aiming to list on Nasdaq under ticker XRPN. Summary The Evernorth XRP board now includes Robert Kaiden (OpenAI Foundation CFO), Derar Islim (Antalpha COO), Ted Janus, and Ripple CLO Stuart Alderoty, creating a governance structure that bridges AI, crypto, and traditional finance. Evernorth has raised over $1 billion in gross proceeds from investors including Ripple, SBI Holdings, Pantera Capital, Kraken, and Arrington…
The dollar index is heading for its biggest monthly drop since June 2025 as U.S.–Iran ceasefire hopes unwind the war premium, even while oil and Fed bets keep it range‑bound. Summary The dollar index is heading for its steepest monthly drop since June 2025 as traders unwind safe‑haven positions following a U.S.–Iran ceasefire agreement. Jinshi News reports the index fell about 1.8% in April, though a late rebound driven by higher oil prices and shifting Federal Reserve expectations has pared some losses. Manulife portfolio manager Nathan Tuft expects the greenback to decline from here but remain “range‑bound” as markets balance…
Meta has begun paying select creators in USDC stablecoin on Solana and Polygon via Stripe, marking Facebook’s first crypto payout program four years after the company shut down its Libra project under regulatory pressure. Summary Meta USDC creator payouts launched April 29 for select creators in Colombia and the Philippines, with eligible users able to link a MetaMask, Phantom, or Binance wallet and receive earnings in Circle’s USDC directly. Stripe handles the backend and provides tax reporting for the transactions. Meta emphasized it is not issuing its own stablecoin and is using Circle’s existing USDC, which has a market cap…
The Ethereum Applications Guild launches as a global non-profit to fund, coordinate, and grow Ethereum’s app layer using membership fees and ETH staking yield. Summary The Ethereum Applications Guild (EAG) establishes as a global non-profit to drive Ethereum’s shift to application layer development. EAG introduces membership fees based on institutional scale and ETH staking yield donations for sustainable funding. 2026 Global Applications and Developers Program targets emerging regions with education, hackathons, and community building. The Ethereum Applications Guild (EAG) announced its official launch on April 30, 2026, as a global non-profit organization dedicated to advancing Ethereum-native applications with real-world impact.…