Author: John Smith

XRP price is eyeing a bullish breakout from a symmetrical triangle pattern that could position it for a breakout above $1.50, a level it has remained below for the past 5 weeks. Summary XRP trades near the upper trendline of a symmetrical triangle, with a breakout above $1.50 potentially signaling continuation of the prior uptrend. Bullish signals emerge as Supertrend flips green and MACD trends upward, indicating rising buying momentum. Downside risk remains if the $1.20 support breaks, which could trigger a deeper correction toward the $1.00 level. According to data from crypto.news, XRP (XRP) price fell 3% to an…

A coalition of crypto firms and advocacy groups has urged U.S. senators to move ahead with a markup of the Clarity Act, warning that delays risk pushing the industry offshore. Summary Crypto groups have urged the Senate Banking Committee to advance a markup of the Clarity Act, warning that delays could push investment and innovation overseas. The April 23 letter calls on lawmakers to act, highlighting unresolved issues around stablecoin rewards, regulatory oversight, and protections for decentralized developers. The push came through an April 23 letter led by the Crypto Council for Innovation and the Blockchain Association, addressed to Senate…

Two Polymarket accounts are under scrutiny after they won about $37,000 from weather prediction markets tied to Paris temperatures.  Summary Two traders made $37,000 after short-lived temperature spikes settled Paris weather markets on Polymarket unexpectedly. Bubblemaps flagged one account that bought before the April 15 spike and later exited profitably. Météo France filed a complaint after reports linked unusual airport temperature readings to possible tampering. The contracts used the highest temperature recorded at the Charles de Gaulle Airport station on April 6 and April 15. On both dates, the market outcome appeared to turn on short-lived jumps in temperature readings.…

AI-driven exploits and cross-chain flaws have pushed crypto security risks into focus in 2026, experts at CertiK warn, with losses already crossing $600 million. Summary Crypto losses have crossed $600 million in 2026, driven largely by major exploits linked to North Korean actors. A $293 million Kelp DAO breach tied to LayerZero infrastructure failure and a $280 million Drift Protocol hack accounted for most April losses. Security experts warn that AI-driven phishing, deepfakes, and automated exploit tools are making attacks faster and harder to detect. According to the blockchain security firm, attackers have leaned on a mix of social engineering,…

Kalshi has suspended three political candidates after an internal review found that they placed bets on their own races.  Summary Kalshi suspended three candidates after finding they traded on their own election races in violation. Mark Moran admitted placing a self-bet, while Kalshi treated the trades as exchange rules breaches. The case adds pressure on prediction markets as lawmakers question election-linked contracts and trading conduct. The company said the conduct broke exchange rules approved by the Commodity Futures Trading Commission. The platform described the trades as “political insider trading” and said it took disciplinary action even though the bets were…

US Labor Secretary Lori Chavez-DeRemer has resigned from the Trump administration amid an active inspector general investigation into misconduct allegations, making her the third cabinet member to depart during the president’s second term. Summary Labor Secretary Lori Chavez-DeRemer resigned on April 21 amid an inspector general investigation into alleged travel fraud, an inappropriate relationship with a security staffer, and other misconduct. Deputy Labor Secretary Keith Sonderling has been named acting secretary while Trump’s team determines a permanent replacement. Her departure is the third cabinet exit of Trump’s second term, following former Homeland Secretary Kristi Noem and former Attorney General Pam…

Crypto protocols have lost more than $606 million to hacks and exploits in just the first 18 days of April 2026, making it the single worst month for theft in the industry since the $1.4 billion Bybit breach in February 2025, according to data from DefiLlama. Summary Over $606 million was stolen from crypto protocols across 12 incidents in the first 18 days of April 2026, according to DefiLlama data. Two attacks, the $285 million Drift Protocol exploit and the $292 million KelpDAO breach, account for approximately 95% of April’s losses. April’s total is already 3.7 times larger than the…

Bitcoin climbed above $78,000 on April 22, reaching its highest price in 11 weeks, as a wave of short liquidations and improved macro sentiment following Trump’s ceasefire extension combined to push the asset to a key technical level that had resisted multiple breakout attempts. Summary Bitcoin broke above $78,000 on April 22 for the first time in 11 weeks, with CoinGlass data showing approximately $180 million in short liquidations clustered above the level. The move coincided with improved risk sentiment after Trump extended the Iran ceasefire, alongside a broader altcoin rally led by higher-beta assets. Analysts warn the move is…

Kraken says it filed 56m 2025 crypto tax forms, most under $50, and is urging Congress to create a de minimis exemption and let users defer tax on staking rewards until sale. Summary Kraken says it filed 56 million digital asset tax forms with the IRS for 2025, with roughly one‑third under $1 and nearly three‑quarters under $50. The exchange is urging Congress to create a de minimis exemption for small crypto payments and to let taxpayers choose when to recognize staking rewards as income. Kraken argues current rules create “massive friction for ordinary users” and misalign tax timing with…

American Bitcoin, co‑founded by Eric and Donald Trump Jr., has energized 11,298 new ASICs, lifting owned hash rate to 28.1 EH/s as it doubles down on low‑cost BTC accumulation. Summary American Bitcoin, the Trump family–backed miner, has energized 11,298 new ASIC machines, lifting its owned hash rate to about 28.1 EH/s. The expansion increases total fleet size to roughly 89,242 miners and represents a 12% boost in capacity, adding about 3.05 EH/s at 13.5 J/TH. Around 58,999 miners are currently online, delivering roughly 25.0 EH/s at 14.1 J/TH, as the company doubles down on a strategy of accumulating BTC at…