Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Microsoft reported that Microsoft Copilot has reached over 20 million paid enterprise users, disclosed by CEO Satya Nadella during its quarterly earnings call. Nadella said these are not just purchased licenses—users are actively engaging. Key engagement metrics: weekly Microsoft Copilot engagement is now comparable to Outlook, one of the most-used business tools. Copilot queries per user rose nearly 20% quarter over quarter, which Nadella described as a “daily habit of intense usage.” Adoption is scaling in large enterprises. The number of companies paying for more than 50,000 seats has quadrupled. Firms including Bayer, Johnson & Johnson, Mercedes, and Roche each have over 90,000 seats. The largest deal cited is Accenture with more than 740,000 seats. Product drivers: Microsoft made “Agent mode” the default experience in Word, Excel, and PowerPoint, enabling multi-step actions inside documents (e.g., analyze a sales report, summarize it, then draft an email). Microsoft also highlighted a multi-model strategy to reduce dependency on any single provider like OpenAI. Copilot chat can auto-route across models, including Anthropic’s Claude. Analysts reacted positively, with Morgan Stanley calling the figures “super impressive,” suggesting demand for enterprise AI productivity tools is moving from pilot-stage to broader deployment.

USD/CAD whipsaws around 1.3680 after the Federal Reserve kept its benchmark rate at 5.25%–5.50%. The key catalyst was internal dissent: three Fed members voted against the hold, the most since 1992. Policymakers split on the outlook, with dissenters arguing for rate cuts due to slowing growth, while the majority signalled a continued hold amid still-elevated inflation. Market reaction was immediate and disorderly. The pair swung down to 1.3640, then rebounded to 1.3710, before settling near 1.3680. Trading conditions tightened, with volume about 40% above the 20-day average during the announcement. Technical levels highlighted by the market: support near 1.3600 and resistance near 1.3750. A break above 1.3750 could extend toward 1.3800; a fall through 1.3600 may open risk toward 1.3550. USD/CAD whipsaws also reflect conflicting interpretations: dissents are seen by some traders as a dovish leaning, while others read the unchanged decision as relatively hawkish. Looking ahead, attention shifts to US data (Non-Farm Payrolls), Canada growth (GDP), and inflation (CPI), plus retail sales—any surprise could trigger further USD/CAD whipsaws. Economists cited by banks argue a possible Fed pivot by September, but persistent inflation could keep dissent alive. Broader linkages matter for CAD: weaker oil prices (WTI near $78) and prior Bank of Canada rate cuts add cross-currents, increasing FX uncertainty.

AVAX ETF inflows have reportedly reached $36 million after AVAX-based ETFs began trading on Nasdaq. Meanwhile, AVAX price action remains range-bound near historically important support around $9 (about $9.34 at the time of writing). On the technical side, analysts say AVAX is trading within a broader support/accumulation zone of roughly $8.5–$9.5. A sustained hold above this base could help form a longer-term bottom. However, a decisive break below $8.5 would raise the risk of further downside. Short-term, AVAX is described as moving in an ascending channel. If price holds channel support near $9.20–$9.30, traders may see a push toward resistance at $9.65–$9.70, and potentially $10.20–$10.50 after a breakout. If the channel breaks down, a faster drop toward $8.80–$9.00 is possible. Despite cautious technical signals (many moving-average indicators still flag “sell”), the AVAX ETF inflows show institutional interest: the article cites 81,400 AVAX bought via Coinbase (about $767k). Overall, traders are watching for a clear breakout direction—ETF demand may support dips, but confirmation from technicals is still lacking.

Amazon disclosed an AWS annualized revenue run rate of $150B and $225B in Trainium chip commitments. In prediction markets, Nvidia’s odds of being the largest company by market cap stayed near 100% for April 30 (99.8% after the news), with limited immediate impact. However, Nvidia’s June 30 market odds fell to 86% YES from 92% the prior day. The June contract has a deeper order book and higher sensitivity to new information: moving the price by 5 points requires roughly $13,111 in actual USDC. The article frames Amazon’s AI infrastructure spend and silicon scaling as potential competitive pressure on Nvidia’s AI hardware dominance. Key catalysts to watch are AWS announcements of new AI chip launches or major customer wins, plus Nvidia’s Q2 earnings and demand guidance for AI hardware. A YES position at ~86¢ would pay $1 if Nvidia holds the top spot, implying an ~1.16x payout, but the thesis depends on Amazon Trainium execution narrowing Nvidia’s market-cap lead later in the quarter. Overall, this is a near-term sentiment read-through on tech sector competition, with measurable effects in crypto-linked prediction pricing via USDC liquidity.

At the Bitcoin 2026 conference in Las Vegas, Eric Trump said Bitcoin (BTC) is entering its strongest phase, driven by tightening supply amid accelerating demand. He cited banks rolling out Bitcoin-backed mortgage products and expanding custody services, alongside rising corporate and even nation-level interest. A central point was surging demand for spot Bitcoin ETFs, which Trump framed as evidence of durable institutional buy-in. He also described a behavioral shift: instead of selling during volatility, more investors are holding BTC longer and treating it as a strategic, longer-term portfolio asset. Bloomberg ETF analyst Eric Balchunas added that spot Bitcoin ETFs are among the most successful ETF launches, widening access beyond large institutions and potentially supporting BTC market liquidity. The article also notes that over the past six months BTC hit new records in price action and trading volume, as traditional financial rails integrate further into crypto infrastructure. For traders, the key watch item is spot Bitcoin ETFs continuing to channel institutional flows, which could reshape liquidity and volatility versus prior cycles—while the narrative increasingly frames BTC as a long-term holding rather than a short-term trade.

Dogecoin (DOGE) surged over 6% in 24 hours to $0.1058, bringing meme-coin momentum back. Traders are now watching the $0.11–$0.112 resistance zone as the next breakout trigger; a clean break could extend gains toward $0.15. If DOGE fails, the rally may stall. On the hourly chart, DOGE is back above short- and medium-term moving averages. Momentum looks constructive: RSI is rising toward 70 and MACD leans “buy.” Still, the broader trend is mixed because DOGE remains below the 200-period moving average, leaving longer-term downside pressure not fully resolved. Weekly framing turns more supportive as DOGE builds a base near a key support trendline and sell pressure eases. Analysts also suggest the prior pullback after the spike may have been driven by liquidation/clearing of high-leverage long positions rather than a fresh bearish trend. Key levels for DOGE traders: support at $0.095–$0.10, then $0.095 as the critical floor. Upside trigger sits at $0.11–$0.112; a successful breakout on strong volume could set up a push near $0.15460 and then around $0.15.

Bitcoin’s August hard fork—dubbed eCash—is planned for activation near block 964,000, with a one-time difficulty reset and a 1:1 token airdrop to existing BTC holders. Holders would receive eCash in proportion to BTC balances (e.g., 4.19 BTC → 4.19 eCash). The fork then activates seven Drivechain-style sidechains aimed at functions such as DEX infrastructure, privacy features modeled after Zcash, prediction markets, NFT support, identity tools, and “quantum-resistant” protections. What makes this Bitcoin hard fork different is who controls the coins. Strategy (formerly MicroStrategy) holds 818,334 BTC; public corporates hold about 1.218 million BTC; and spot Bitcoin ETFs collectively hold over 1 million BTC, led by BlackRock’s IBIT. The ETF sponsor/custodian setup concentrates operational risk: Coinbase custodies roughly 80%–84% of U.S. spot ETF assets, meaning custodian compliance and prospectus language may become a bottleneck during the fork. Legally and operationally, ETF sponsors face binding prospectus rules on how forked assets are treated, and custodians will likely follow those sponsor decisions. The article also highlights tax/accounting friction: if the eCash allocation gains “dominion and control,” the IRS treats certain hard-fork airdrops as ordinary income—creating immediate disclosure and tax-planning pressure for boards and auditors. A controversial element is the planned manual reassignment of roughly 500,000–600,000 dormant “Patoshi-pattern” coins tied to Satoshi Nakamoto on the new chain, despite the claim that it does not change Nakamoto’s BTC. For traders, the core signal is market structure risk: if eCash has any tradable value, institutional holders could sell quickly for liquidity or reposition into more BTC, potentially amplifying short-term volatility.

RWA private credit on blockchain has surged from under $500M to over $4.5B in one year, signaling strong institutional demand for tokenized credit markets. On Polymarket, the contract betting on Ethereum reaching $10,000 by Dec 31, 2026 is priced at 4% YES. Over the past week, Ethereum future price predictions have remained steady at 4%, suggesting traders are not moving toward a higher probability of a sharp ETH rally despite the RWA private credit inflow. Market liquidity is thin: daily face value is about $918, while actual USDC traded is roughly $36. Shifting odds by 5 percentage points costs about $1,216, so even moderate orders can move pricing—but the current flat odds indicate sentiment remains cautious. The article links the trend to real-world assets migrating on-chain for transparency and liquidity. BlackRock’s involvement and mentions of Fidelity suggest traditional finance is treating tokenized assets as a serious allocation category, which could eventually support Ethereum demand. However, the prediction market is pricing this as remote in the next eight months. Key metrics to watch are further allocations by BlackRock and Fidelity into crypto-native products, and any regulatory changes that affect how traditional institutions integrate with decentralized platforms—both could alter the Ethereum price trajectory.

Hormuz shipping traffic remains at a “trickle” as US-Iran tensions deepen. Even though traders earlier priced a normalization by Apr 30, confidence has deteriorated sharply as the deadline nears. In the Hormuz prediction market, the “Apr 30 normalization” YES price is about 18¢, implying low probability. With one day left, the Apr 30 contract is effectively close to “dead.” A separate “Trump’s Hormuz Blockade Announcement” prediction market (whether the US blockade is lifted by May 31, 2026) also repriced lower: YES fell to 43.5% from 60% the prior day. Trading activity has been minimal over the last 24 hours, and liquidity is thin, raising the risk of abrupt moves if new headlines hit. For crypto traders, the persistent deadlock keeps oil-supply risk elevated, which can spill into broader risk sentiment and macro-driven positioning. Near-term direction hinges on the next US and Iranian signals; the article flags Mohammadreza Rezaei Kouchi and Secretary Hegseth as key names. Any credible de-escalation could quickly reprice Hormuz shipping traffic contracts, while continued suppression reinforces bearish oil and risk expectations. Keywords: Hormuz shipping traffic, prediction market

Dogecoin (DOGE) jumped above $0.10 and reached a two-month high. Over the past 24 hours, DOGE volume surged 138% to about $4.07B, signalling fresh demand after nearly three months of sideways trading. Traders cite a technical breakout: DOGE cleared the key resistance area around $0.1018. Ali Martinez pointed to $0.1018 as the level to watch and flagged $0.1172 as the next upside target. Other analysts describe the current range as a “decision region,” where a confirmed move above the technical “cloud” could mark a shift toward a bullish reversal. Altcoin Sherpa, though, warned that the follow-through may depend on broader market strength—especially Bitcoin (BTC). Institutional access is also improving. 21Shares listed a physically backed Dogecoin ETP on Germany’s Xetra platform, designed to hold DOGE directly rather than use synthetic/derivative structures. For European investors, this can mean more regulated, transparent exposure. For DOGE traders, the key question is whether DOGE can hold above the $0.10 psychological level and sustain gains while BTC momentum supports risk-on conditions. The next few sessions should clarify if this becomes a durable uptrend or a short-lived breakout.

Bitcoin’s reversal in April is being tested by a participation slowdown. After five straight months of capital outflows from October 2025 to March 2026, monthly inflows surged to $176.8B—the strongest bullish period in recent history. However, Bitcoin trading volume has fallen to a nearly three-year low, according to CryptoQuant. Spot activity contracted sharply, with Binance leading the decline (over $25B down in April). Gate.io fell by about $13B and OKX by roughly $6B. Over the last 30 days, spot volume dropped to $141.76B (down 21.7%), while 24h spot volume was $4.73B (CoinGlass). Despite the weak activity, buyers still hold a marginal edge. CryptoQuant’s Spot Taker Cumulative Volume Delta (CVD) remains buy-side dominated, but the follow-through looks weaker than the prior April 24 signal, which was followed by inflows and a BTC peak near $79,485 on April 27. Accumulation is also muted. Total BTC purchases over the past year are about $30.84B, while the last 30 days show net outflows of $40.09M and the last 24 hours show net outflows around $70M. With Bitcoin trading volume still subdued, traders may expect choppy price action and higher sensitivity to renewed selling pressure unless accumulation strengthens.

Bitcoin (BTC) fell from around $79,500 into the FOMC backdrop, triggering roughly $4.5B in crypto liquidations. The move matches a repeated setup: BTC often strengthens before FOMC, then unwinds quickly after the decision as liquidity and leverage conditions shift. Mechanically, derivatives de-risking was sharp. Futures open interest reportedly dropped from about $61B to $49B in a week, while BTC derivatives liquidations were estimated near $2.5B and total crypto liquidations around $4.5B. Analyst Michael van de Poppe said these pre-event corrections commonly reflect policy uncertainty. Traders are watching key levels. The article flags ~$73,000 as the near-term line in the sand and points to ~$70,000 support. The higher range can hold if BTC keeps above ~$73,000 and liquidation pressure fades. Offsetting the macro risk, spot Bitcoin ETF flows reportedly turned positive again, with about $3.5B in net inflows over two months. Corporate accumulation also remains supportive: Strategy increased BTC holdings to 818,334 BTC in 2026 (from 672,497 on Jan. 1). For trading, this combination suggests volatility stays elevated, but ETF demand may cushion downside and help BTC recover more resiliently if leverage flushes out.

At the Bitcoin 2026 Conference in Las Vegas, Acting US Attorney General Todd Blanche said Bitcoin developers will not be investigated or prosecuted for writing code that is not knowingly used for criminal activity. The statement was tied to an April 2025 DOJ memo aimed at ending “regulation by prosecution,” following the Tornado Cash cases. Blanche’s key threshold: Bitcoin developers are not automatically criminally liable for coding alone. Criminal exposure still applies when the actor knowingly facilitates money laundering, sanctions violations, or other wrongdoing. He also said subpoenaed coders can coordinate through counsel and directly with prosecutors. FBI Director Kash Patel added that enforcement priorities remain focused on crypto fraud networks, including pig-butchering operations involving foreign adversaries. The FBI plans travel-and-coordination enforcement in Cambodia, Myanmar, and Thailand. For traders, the practical “test case” remains the Roman Storm matter. Storm was convicted in Aug 2025 for operating an unlicensed money transmitter, while jurors deadlocked on money laundering and sanctions charges; a retrial was expected to clarify how DOJ distinguishes neutral/open-source development from actionable knowledge of wrongdoing. Overall, this provides potential regulatory relief for the tech sector, but the market reaction will depend on how courts apply the new standard in ongoing developer-related prosecutions.

Bitcoin is trading around $77,500 as price tests resistance and market conditions remain uncertain. Analyst Darkfost highlights a Bitcoin Hash Ribbons buy signal, an indicator that compares 30-day vs 60-day Bitcoin hashrate moving averages to detect when mining is under stress. The current setup can matter because forced shutdowns can trigger a capitulation-to-recovery phase, after which difficulty adjusts and surviving miners may re-enter, easing forced selling. However, the article stresses caution: the Bitcoin Hash Ribbons signal can be “false” when hashrate drops are caused by external disruptions rather than true unprofitability. Earlier this year, US ice storms led to miner shutdowns that produced a buy signal without reflecting sustained economic capitulation. Similar misleading signals appeared around China’s mining ban in 2021 and during June 2022. On-chain/mining context: the block reward is 3.125 BTC and continues to fall every halving, while rising difficulty, high and volatile energy costs, and fixed operating expenses make miners sensitive to shocks (energy-market volatility, hardware supply-chain issues, weather/infrastructure problems). Because those shocks can reduce hashrate for the same surface reason, traders should separate “forced by economics” from “forced by external events.” Technically, the recovery has pushed BTC back above the $70,000–$74,000 area, but overhead resistance is building. The 50-week and 100-week moving averages converge between $80,000 and $90,000, and the recovery is occurring on lower volume than the earlier capitulation. For traders, the key question is whether today’s Bitcoin Hash Ribbons buy signal reflects genuine miner stress or a disruption-driven hashrate dip.

The UN maritime agency has rejected Iran’s toll plan for ships transiting the Strait of Hormuz, saying it has no legal basis. The decision adds pressure to Iran’s ability to restrict shipping through the Strait of Hormuz, a key chokepoint carrying about a fifth of global oil. A crypto prediction market tied to “traffic normalization by April 30” is nearing resolution with one day left. Odds for normalization are at the floor, reflecting trader pricing for continued restrictions and toll impositions despite international pushback. Market reaction remains muted: the article notes minimal activity and no USDC volume in the past 24 hours, meaning the order book depth is thin and could swing sharply if large players enter. Why the timeline matters: at 22¢, a YES outcome would pay out meaningfully if Strait of Hormuz traffic normalizes by April 30. Achieving that outcome likely requires rapid enforcement by the US/EU or a sudden policy reversal from Iran—scenarios described as not imminent. Traders are watching for Tehran’s maritime policy updates and any signs of increased US/EU naval patrols or diplomatic pressure. Overall, the UN ruling challenges Iran’s position but does not automatically force operational changes in the Strait of Hormuz.

Trump met with national security aides to discuss a new Iran proposal. In CryptoBriefing’s prediction markets, odds for a U.S. invasion of Iran by Dec. 31, 2026 are about 25%, while the probability of a diplomatic meeting by June 30, 2026 has risen to 32.3% (up from 16% the prior day). Market reaction focused on the June 30 diplomatic meeting contract, which jumped roughly 15 percentage points in 24 hours as traders priced in higher chances of talks. The invasion contract ticked down slightly, consistent with traders viewing diplomacy as reducing perceived military risk. Why it matters: despite the shift toward engagement implied by the meeting, the article notes ongoing risk from an existing blockade and a naval standoff. Key stats traders are watching include active re-positioning around the news, plus actual USDC volume of about $3,252 on the June 30 diplomatic meeting market. What to watch next: any official scheduling signals from Oman or the IAEA. Confirmation of talks in Geneva or Oman would likely move the prediction market sharply higher; the article highlights a potential 3.13x payoff for buying YES at ~32¢ if talks are confirmed. Keywords: prediction markets, U.S.-Iran diplomacy, geopolitical risk, USDC volume.

US-Iran talks are stalling, and Polymarket now prices a lower chance of the US lifting the Hormuz blockade by May 31. The “Hormuz blockade lift” contract is around 43.5% YES (about 44¢), down from ~60% 24 hours earlier. With 32 days left, odds have fallen sharply from ~76% a week ago, suggesting traders are hedging against a prolonged stand-off. The dip is paired with weaker signals for a “US-Iran ceasefire.” The ceasefire contract is about 0.9% YES versus ~3% a day ago. Liquidity remains, but market impact differs: the Hormuz blockade lift market shows about $268,506 face value traded with ~$134,629 in USDC executed, and the order book implies ~ $17,388 to move the Hormuz contract by 5 points. That points to relative short-term stability, yet still high sensitivity to larger orders. For traders, the key takeaway is momentum: stalled diplomacy (including limited progress via Islamabad and Moscow) is translating into lower Hormuz blockade lift probabilities. At ~44¢, upside is still possible if the US-Iran breakthrough comes late, but event risk is elevated. Watch CENTCOM updates and any rhetoric shifts from Trump or Iranian leadership, plus intermediary cues from Islamabad—new military or diplomatic developments could quickly reprice the US-Iran Hormuz blockade odds.

Federal Reserve Chair Jerome Powell said the Fed has been studying the “one-time inflation impact” assumption for tariffs—i.e., tariffs would cause a single price-level jump rather than persistent inflation. Powell made the comments at an economic forum, during heightened market sensitivity to trade policy and price stability. The Fed’s work focuses on key transmission questions: (1) how much of tariff costs pass through to consumers, (2) whether second-round effects emerge (wage demands and broader inflation), and (3) how long any tariff-driven price shock lasts. Economists interviewed in the article note the debate remains unsettled. Some critics argue tariffs can create ongoing inflation via supply-chain disruptions and reduced competition, citing the 2018–2019 trade-war period as an example where effects looked temporary but lingered. The Fed’s research is expected to use product-level price data, econometric modeling, and possibly business survey evidence to isolate tariff effects from demand and supply factors. Why traders should care: the Fed Powell tariffs inflation impact conclusion could shift the Fed’s reaction function. If the outcome supports a one-time effect, markets may price a more dovish stance (less pressure for rate hikes). If evidence suggests persistence, the Fed could lean more hawkish to prevent second-round inflation. No publication date was given, so near-term trading may stay sensitive to any Fed or data-related signals around tariffs and inflation expectations. Fed Powell tariffs inflation impact remains the central question for rate-path pricing.

Federal Reserve Chair Jerome Powell said he will remain in his role after May 15 until the DOJ investigation is fully concluded. The decision addresses speculation about a possible resignation and is framed as protecting the Fed’s credibility during a period of heightened scrutiny. Powell did not provide details of the DOJ investigation, saying only that it concerns potential procedural irregularities and that he believes serving through the process is appropriate. He referenced “attacks” over recent months, implying political pressure, while keeping the investigation’s scope undisclosed. Market reaction was cautious: the S&P 500 edged up, and the U.S. dollar strengthened versus major currencies. Traders will watch the Fed’s next policy meeting for any changes in interest-rate guidance, with the path of rates remaining tied to inflation and employment data. The article highlights current macro metrics: inflation around 3.2% (above the Fed’s 2% target) and unemployment near 3.8%, alongside global uncertainties such as trade tensions and geopolitics. Analysts described the DOJ investigation as a “double-edged sword”: leadership continuity can stabilize policy expectations, but uncertainty over legal scrutiny could affect confidence in Fed independence. Political responses were mixed, and international institutions reportedly expressed confidence in the Fed’s ability to manage the situation. In short, the DOJ investigation is the key variable for the Fed’s near-term narrative, potentially influencing risk assets and USD direction through the next decision points.

Federal Reserve Chair Jerome Powell said he will keep a separate Fed Governor seat after his chair term ends on May 15, marking a rare break with a near-78-year precedent. Powell’s Governor term runs separately through January 2028, and he plans to stay on the Board until the Justice Department matter tied to the Fed headquarters renovation is fully closed. Powell linked his decision to a DOJ criminal probe that was closed around April 24, 2026. He said the DOJ provided assurances it would not reopen the case without a new criminal referral from the Fed’s Inspector General. Powell said he is “watching the remaining steps” and would not leave the Board until the investigation is “well and truly over, with transparency and finality.” Powell also congratulated Kevin Warsh, President Trump’s nominee to succeed him as Chair. The Senate Banking Committee cleared Warsh on a 13-11 party-line vote on April 29, and full confirmation is expected the week of May 11. Powell stated he will serve as Chair until Warsh is sworn in. Separately, the Fed held the federal funds rate steady at 3.5%–3.75%. Powell cited 12-month PCE inflation increases (3.5% total PCE; 3.2% core PCE), unemployment at 4.3% in March, and softer labor demand linked to lower labor force participation and reduced immigration. He said policy decisions will be made meeting-by-meeting amid elevated uncertainty from Middle East developments. Market context: Bitcoin traded around $75,839, down about 0.66% over 24 hours, while Ethereum was around $2,247, down about 1.87%.

A phone call between US President Donald Trump and Russian President Vladimir Putin has reignited diplomacy, with both leaders reportedly discussing the Ukraine war and tensions with Iran. The Trump Putin call (often described as a 50-minute, constructive exchange) did not release a full transcript, but officials say Ukraine de-escalation and Iran-related nuclear and regional stability issues were on the agenda. On Ukraine, Trump reportedly urged Putin to consider a ceasefire in Eastern Ukraine. On Iran, the leaders discussed the nuclear deal framework and strategic stability, with Russia positioned as an intermediary given its energy ties to Europe and its relationship with Tehran. The call also touched on arms control. European allies and Ukraine expressed caution—concerned that any agreement could bypass NATO or sideline Kyiv. Iran’s leadership reacted with skepticism, accusing the US of using Russia as a mediator. Markets responded quickly. The article claims energy prices fell (oil down about 3%) and natural gas futures declined, while defense stocks rose slightly amid uncertainty. The Russian ruble reportedly strengthened, while the Ukrainian hryvnia stayed stable. The net takeaway for traders: expectations of potential easing helped front-run risk-off in energy, but broader outcomes depend on follow-up actions and any potential sanctions adjustments. If the Trump Putin call leads to concrete steps—such as a Ukraine ceasefire or renewed Iran nuclear negotiations—it could support a multi-week stabilization theme. However, low trust and domestic political constraints in both countries raise the risk of renewed volatility.

Bitcoin (BTC) dropped sharply below $75,000 after the Fed kept interest rates steady at 3.5%–3.75%. Even though the decision matched expectations, three Fed officials opposed any hints of rate cuts, worsening sentiment and triggering selloffs in risk assets. Powell will step down as Fed chair in May but remain on the central bank board. Legal and political uncertainty around the Fed leadership continues, keeping volatility elevated for markets and crypto. BTC trading activity showed a brief move under $75,000 following the announcement, with lower volumes. Analysts now watch $73,000 as the next key support zone. Looking ahead, traders are focused on future policy signals and potential catalyst bills. The CLARITY Act is mentioned as a factor that could restore risk appetite. Some strategists also point to rising influence from new figures at the Fed, which could revive hopes for future rate cuts. If conditions stabilize, analysts expect Bitcoin momentum could return, with upside targets discussed around $85,000–$90,000. Bitcoin remains highly sensitive to Fed messaging in both the short and medium term.

A Coinbase survey found Bitcoin (BTC) sentiment remains strongly bullish on valuation. About 75% of institutional investors and 61% of non-institutional investors say Bitcoin is “undervalued,” versus only 7% (institutions) and 11% (non-institutions) calling it overvalued. The survey was released April 28, 2026, as Jerome Powell wraps up his Fed chair role. On the policy front, President Trump has nominated Kevin Warsh to succeed Powell, with a likely Senate confirmation vote in coming weeks. Powell’s latest FOMC meeting kept rates at 3.50%–3.75%, and he said he will remain on the Board of Governors after his chair term ends (May 15). Analysts note this could slow or complicate Warsh-backed ideas (e.g., changes around the Fed’s inflation target framework and the dot plot), meaning the path to looser policy may be less straightforward. For traders, the market catalyst highlighted alongside the survey is ETF demand. Spot Bitcoin ETFs have pulled in nearly $2 billion in year-to-date inflows, and daily trading volumes now rival mega-cap equities. One cited example puts Bitcoin daily volume above $50B, with ETF liquidity described as “institutional ready,” supporting a structural (not purely speculative) bid. The article also suggests consolidation near current levels before a potential push toward $100,000 by year-end if conditions align. Headline takeaway: Bitcoin bulls have valuation support plus sustained spot ETF inflows, but Fed leadership details (Powell staying on the board) may add rate-policy uncertainty near term.

SpaceX has filed for what Reuters expects to be one of the largest SpaceX IPOs in history, targeting a $1.75T–$2.0T valuation and raising about $75B. The SEC registration reportedly includes a dual-class structure giving Elon Musk unchallenged, lifelong control after the public listing. Key terms highlighted in the report: - Musk will receive super-voting Class B shares with 10 votes each, while public Class A shares carry 1 vote. - Musk is positioned to retain majority control over board elections, making his removal contingent on his own vote. - The filing warns investors that the arrangement “will limit or preclude your ability to influence corporate matters.” - Up to 30% of shares may be earmarked for everyday/retail investors, but only a small portion of total value may be tradable at the start. Retail-focused concerns are central to the debate. SpaceX CFO Bret Johnsen said, “Retail is going to be a critical part of this — a bigger part than any IPO in history,” while analysts question how the voting/control setup and lock-up mechanics affect retail participation and post-listing liquidity. On pricing, the proposed valuation implies a price-to-sales ratio above 100 versus today’s S&P 500 levels, and investors face potential “hype” risk if initial lock-ups end and supply increases (expected to run roughly mid-to-late December 2026). For crypto traders, this is mainly a tech-sector governance/valuation story rather than a direct crypto catalyst. Still, any large IPO sentiment swings can briefly affect broader risk appetite and liquidity conditions that traders often mirror across high-beta markets, including crypto.

Bitcoin (BTC) extended a two-day drop after the Fed confirmed it would hold the target range for the federal funds rate at 3.5%–3.75%. In the FOMC minutes, policymakers pointed to “uncertainty” tied to Middle East developments, while keeping the longer-run inflation goal at 2%. Markets expected the decision, but BTC remained fragile during and after Chair Powell’s presser, sliding to an intraday low around $74,937 and briefly breaking key near-term support linked to the 20-day simple moving average near $75,664. Traders were watching for BTC to flip support into resistance; failure to reclaim the 20-MA and close above the trendline resistance could open the door for a test of the downside boundary of the roughly four-month channel. On order-flow and positioning, Hyblock CEO Shubh Varma said the move looked like a typical “sell the news” reaction: BTC quickly recovered toward pre-announcement levels, while the global bid-ask ratio spiked and open interest fell—signs consistent with post-FOMC position squaring and stop-hunt behavior rather than broad conviction selling. Glassnode also flagged increased bearish leverage ahead of the minutes, with price action “trapped below market mean” and weaker demand limiting sustainable rallies. Still, Glassnode highlighted institutional support: inflows into spot BTC ETFs and rising CME open interest helped form a dense accumulation cluster between $65K and $70K. Key takeaway for traders: BTC is reacting to macro uncertainty (Fed hold + geopolitical risk) with short-term downside pressure, but ETF-related accumulation and reported positioning dynamics suggest dips may find support near $65K–$70K.

Gensyn AI token ($AI) began trading on Coinbase, expanding U.S. retail access to the decentralized AI compute network. However, market pricing on Polymarket shows strong skepticism toward a $600M fully diluted valuation (FDV). One day after launch, the relevant Polymarket contract tied to “FDV > $600M” remains at 0% YES and shows no meaningful post-listing volume. That flat 0% outcome suggests traders are not betting that the FDV threshold will be reached on the contract’s timeline. The Coinbase listing is the main new catalyst, but the article notes the market has not priced in expectations for a $600M+ FDV and has not shown additional exchange-driven momentum (e.g., no major follow-on listings such as Binance or Bybit mentioned). For traders, the key levels are tied to the contract structure: at 0¢, a YES share would pay $1 if Gensyn’s FDV crosses $600M. Any future demand surge, on-chain trading volume increase, or official Gensyn partnership/announcement could quickly reprice the market. Overall, the Gensyn AI token debut combines improved accessibility with muted prediction-market conviction, leaving near-term direction dependent on catalysts beyond the Coinbase listing.

Dogecoin (DOGE) is compressing inside a tightening triangle and is testing the upper resistance area. Analysts say a confirmed DOGE breakout could push price toward $0.105–$0.11, but follow-through requires holding above resistance. Momentum is mixed. RSI is rising toward its upper band, which can support upside continuation if DOGE breaks and sustains. However, the latest hourly harmonic setup appears to have rejected at the D point, while buying interest is fading. Traders are watching two key scenarios for DOGE: a sustained move above triangle resistance for potential upside, or continued weakness and consolidation if DOGE fails to reclaim/hold the harmonic D-zone. Key levels cited are $0.105 as the upside trigger and $0.0936 as the key downside reference.

Google and Microsoft’s latest earnings support the “AI trade” rather than undermining it. On Apr 29, 2026, both companies reported after the bell while OpenAI’s recent revenue and user shortfalls were still weighing on sentiment. Alphabet posted Q1 revenue of $109.9 billion and its fastest growth since 2022. Most importantly for traders watching the AI trade, Google Cloud delivered $20.03 billion in Q1 2026 revenue—up 63% year over year—and about $1.6 billion above analyst estimates. CEO Sundar Pichai said enterprise AI solutions became the primary cloud growth driver for the first time. Microsoft also beat expectations, with $82.9 billion in fiscal Q3 revenue (+18% YoY). Its AI business climbed to an annual revenue run rate above $37 billion (+123% YoY). Azure and other cloud services grew 40% YoY, and Microsoft Cloud revenue reached $54.5 billion (+29%). Copilot now has over 20 million paid users. In contrast, OpenAI reportedly missed internal revenue and user targets. CFO Sarah Friar warned the company may struggle to fund future compute contracts if revenue does not improve. The market reaction highlighted the divergence: some AI infrastructure and investor-linked names reportedly fell, while Google and Microsoft momentum strengthened expectations for continued AI spending. The “AI trade” narrative looks intact as cloud backlog and capex plans remain aggressive.

Meta has started a USDC stablecoin pilot for Facebook creators in Colombia and the Philippines. The program aims to speed cross-border creator payouts and cut fees, without Meta launching a new token. Payments are made in USDC via Solana and Polygon networks. Creators link a compatible crypto wallet (such as MetaMask or Phantom) to their Facebook payout account, then receive USDC and typically convert it through exchanges to local currency for bank withdrawal. Meta said it is working with Stripe to support tax reporting. The article also notes why these countries were selected: traditional payout rails are slower and more expensive, and uneven banking access makes stablecoin settlement more attractive—though conversion still adds friction due to reliance on exchanges. Broader context: other payment actors are exploring USDC-linked payout flows, and Polygon has been cited as targeting expansion of similar programs to 160+ countries by end-2026. For traders, this is a modest, use-case focused push for USDC rather than a major issuer-driven catalyst.