Author: John Smith

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.…

WhiteBIT Coin surged nearly 8% on Wednesday, emerging as one of the top-performing crypto assets as fresh momentum followed a major partnership announcement. Summary WhiteBIT Coin rose nearly 8% after announcing a five-year partnership expansion with FC Barcelona, adding new utility via crypto-linked payment features. Deflationary tokenomics, including recent burns and a 33% fee-based buyback program, have supported price strength amid broader market weakness. WBT broke above the $55–$56 range and now eyes $58–$60 resistance, with $54–$55 acting as key support if momentum fades. The token jumped after WhiteBIT confirmed an expanded five-year collaboration with FC Barcelona, strengthening its presence…

Coinbase will disable trading for Dai on May 4, 2026, as part of its latest asset review.  Summary Coinbase will disable DAI trading on its website and mobile app from May 4. Remaining DAI balances will convert to USDS at a 1:1 rate after the deadline. Coinbase will also suspend TIME trading and has disabled TRU ahead of migration. The Ethereum-based stablecoin will be converted to USDS for users who leave DAI on the platform after the deadline. Coinbase reminded users that Dai trading will be disabled on Coinbase.com and the Coinbase mobile app on May 4. The exchange also…

Ethereum price fell 5% to nearly $2,200 on Thursday, as the asset remains in a downtrend for the fourth straight day. Now, a confirmed breakdown below a key ascending trendline positions it for more downside in the coming sessions. Summary Ethereum price drops 5% to near $2,200, extending losses for a fourth straight day after rejection at $2,400. Ethereum has broken below a key ascending trendline support, signaling a shift in momentum toward bears and increased downside risk. Bearish indicators have strengthened, with Aroon Down at 92.86% and a MACD crossover, pointing to potential decline toward $2,000. According to data…

Ripple has expanded its presence in the UAE by opening a new Middle East and Africa headquarters in Dubai, increasing its capacity to grow its regional operations. Summary Ripple has opened a new Middle East and Africa headquarters in Dubai, with capacity to double its regional team as demand for regulated blockchain payments grows. The company said the Middle East now accounts for a significant share of its global customer base, with clients including Zand Bank, Garanti BBVA, Absa Bank, and Chipper Cash.  According to Ripple, the office is based in the Dubai International Financial Centre and is intended to…

An FBI-led global enforcement effort targeting crypto pig butchering schemes has led to the arrest of 276 suspects and the disruption of nine crypto scam centers tied to investment fraud operations. Summary An FBI-led operation led to the arrest of 276 suspects and shut down nine crypto scam centers linked to pig butchering schemes. Dubai police have detained 275 individuals, while U.S. prosecutors have charged three suspects with wire fraud and money laundering. According to the U.S. Department of Justice, the operation was coordinated by the Federal Bureau of Investigation alongside law enforcement agencies in Dubai, Thailand, and China, targeting…

A $59 million RLUSD settlement was completed on the XRP Ledger on April 29 at a total transaction fee of $0.000188, cited by on-chain researcher Ripple Bull Winkle as live proof that Ripple’s payment network is already handling large-scale cross-border settlements in production. Summary The $59 million transaction used Ripple’s RLUSD stablecoin on the XRP Ledger and settled for a fee of $0.000188, less than one cent, while SWIFT-based settlements of equivalent size typically take two to three business days and cost significantly more. The settlement was flagged by crypto researcher Ripple Bull Winkle on X and cited in Coinpedia…

Acting Attorney General Todd Blanche and FBI Director Kash Patel told the Bitcoin 2026 Conference in Las Vegas on April 27 that Bitcoin developers who write code without knowingly helping third parties commit crimes will not be investigated or charged, marking the clearest public statement on developer liability from the nation’s top law enforcement officials since the Tornado Cash prosecutions began. Summary Blanche said the DOJ has “fundamentally changed the game” and that developers who are not knowingly helping users commit crimes are not going to be investigated or charged, while noting that laundering money or violating sanctions remains criminal…