Bitcoin Briefly Drops Below $76,000
Bitcoin briefly dropped below the $76,000 mark. As of 12:53 a.m. on April 30, the cryptocurrency was trading at $75,785.81 on Binance's Tether market, down 0.40% from a day earlier.
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JH Kim
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Trump Says Maritime Blockade Will Stay Until Iran Nuclear Deal Is Reached
President Donald Trump reiterated that any agreement with Iran must cover its nuclear program, signaling the U.S. will maintain pressure in the talks. Trump said on April 29 that he would not lift the maritime blockade without a deal that includes Ir
4.29Tillis Pushes CLARITY Act Toward Committee Review as Talks Near End
The CLARITY Act, a U.S. crypto market-structure bill, is gaining momentum in Congress as it moves closer to a committee review. Eleanor Terrett reported on April 29 that Senator Thom Tillis is prepared to push the CLARITY Act into the committee revie
4.29Pentagon Says Iran War Has Cost About $25 Billion
The U.S. war with Iran has cost about $25 billion so far, highlighting the fiscal strain of a prolonged conflict. Walter Bloomberg reported on April 29 that a senior U.S. Defense Department official put the cost of the war to date at about $25 billio
4.29US Strategic Petroleum Reserve Release Climbs to Highest Since October 2022
The volume of oil released from the US Strategic Petroleum Reserve, or SPR, rose sharply, underscoring continued moves to manage energy supply. Data from the US Energy Information Administration on April 29 showed that crude oil releases from the SPR
4.29US Stocks Close Lower; Nasdaq Falls 1.05%
The three major U.S. stock indexes closed lower on April 29. The Nasdaq Composite fell 1.05% from the previous session to 24,663.80. The Dow Jones Industrial Average slipped 0.06% to 49,136.15, while the S&P 500 declined 0.48% to 7,139.24.
4.28Paul Tudor Jones Calls Bitcoin a Better Inflation Hedge Than Gold
Hedge fund manager Paul Tudor Jones called Bitcoin the best hedge against inflation, renewing his case that the cryptocurrency has an advantage over traditional assets. CoinDesk reported on April 28 that Jones said Bitcoin is “without question” a bet
4.28Bitwise CIO Says Strategy Is Main Force Behind Bitcoin Rally
Strategy’s large-scale Bitcoin purchases have emerged as the main driver of Bitcoin’s recent rally. Bitwise Chief Investment Officer Matt Hougan told The Block on April 28 that while several factors have helped lift Bitcoin since its February low, th
4.28Samson Mow Says Bitcoin Could Top $1 Million Soon as Corporate Buying Builds
Bitcoin could climb to $1 million in an aggressively bullish scenario, with institutional buying cited as the main catalyst. BeInCrypto reported on April 28 that Jan3 Chief Executive Officer Samson Mow said Bitcoin may surpass $1 million before long.
4.28WSJ Says Trump Family Crypto Venture Worked With Projects Tied to Sanctioned Figures
The Wall Street Journal has raised questions about the Trump family's cryptocurrency venture. On April 28, the newspaper reported that World Liberty Financial, or WLFI, a crypto project backed by the Trump family, has worked with cryptocurrency proje
4.28Bernstein Says IREN to Fully Exit Crypto Mining Within Years
IREN is set to pivot from cryptocurrency mining to an AI-focused business, in a shift that reflects broader changes across the industry. Decrypt reported on April 28 that Bernstein said in a report IREN is rapidly transforming into a high-speed AI cl
4.28CFTC Sues Wisconsin Over Prediction-Market Jurisdiction
A clash between US federal regulators and a state government over prediction-market oversight has escalated into a court fight over who sets the rules. The US Commodity Futures Trading Commission has sued Wisconsin, alleging the state infringed on fe
4.28Trump Approval Rating Falls to 34%, Down 2 Percentage Points From Mid-April
President Donald Trump’s job approval rating slipped slightly, underscoring continued political uncertainty. Walter Bloomberg reported on April 28 that Trump’s approval rating stood at 34%. That was down 2 percentage points from 36% in mid-April. The
4.28Riot Converts $200 Million Coinbase Loan to Fixed Rate, Extends Maturity
Bitcoin miner Riot Platforms has reworked its debt structure to bolster financial stability and reduce its exposure to interest-rate volatility. Riot converted its $200 million loan from Coinbase from a floating rate to a fixed rate, CoinDesk reporte
4.28Canadian Billionaire Frank Giustra Calls Strategy’s 1 Million-Bitcoin Goal Meaningless
Criticism is building around Strategy’s aggressive Bitcoin accumulation plan, underscoring concerns that the market may be overheating. U.Today reported on April 28 that Canadian billionaire Frank Giustra had publicly criticized Strategy’s goal of ho
4.28Iran Says It Isn’t Bound by UN Maritime Law, Asserts Authority Over Hormuz
Iran reaffirmed its hard-line stance on control of the Strait of Hormuz, rejecting the application of international law and underscoring continuing tensions over maritime sovereignty. Walter Bloomberg reported on April 28 that Iran’s mission to the U
4.28Polymarket Seeks to Resume US Service With CFTC Approval
Polymarket is preparing to reenter the US market, with regulatory approval the key hurdle. Bloomberg reported on April 28 that the prediction-market platform is seeking to launch a formal exchange in the US, contingent on approval from the Commodity
4.28Iran Prepares Revised Proposal After US Rejection as Talks Are Reworked
Iran is preparing a revised proposal after the US rejected its initial offer, signaling continued efforts to restart negotiations. Walter Bloomberg reported on April 28 that Iran could present a new proposal within days. Pakistani mediators believe a
4.28PiCKU.S. Stocks Close Mixed; Nasdaq Gains 0.20%
The three major U.S. stock indexes closed mixed on April 28. The Nasdaq Composite rose 0.20% from the previous session to 24,887.10. The Dow Jones Industrial Average fell 0.13% to 49,168.04, while the S&P 500 rose 0.12% to 7,173.97.
4.27Bitcoin Rally’s Staying Power Questioned as Volume Lags, Funding Stays Negative
Bitcoin’s climb is masking signs of caution in underlying market indicators, even as the token continues to rise. CoinDesk reported on April 27 that 10x Research founder Markus Thielen said the latest Bitcoin rally has unfolded on weak trading volume
4.27US Lawmaker Plans to Reintroduce Bitcoin Reserve Bill as ARMA
Legislation that would add Bitcoin to US national reserve assets is poised to be reintroduced under a new name as its sponsor moves to clarify the bill’s policy message. The Block reported on April 27 that US Representative Nick Begich plans to reint
4.27SEC Chair Says Crypto, Blockchain Innovation Can Strengthen US Economy
The head of the US Securities and Exchange Commission underscored the positive role of digital assets, in comments that are drawing attention for what they may signal about a potential policy shift. Crypto-focused media outlet Watcher.Guru reported o
4.27MARA Holdings Launches Foundation to Support Bitcoin Resilience, Quantum Risk Research
MARA Holdings, the Bitcoin mining company, has launched a foundation aimed at strengthening the network’s long-term stability as it moves to address emerging technology risks. CoinDesk reported on April 27 that MARA Holdings had established the MARA
4.27Iran Says US Can’t Block Its Oil Exports
Iran said its oil exports cannot be stopped despite US pressure involving a maritime blockade, extending a standoff over energy supplies. The Wall Street Journal reported on April 27 that Mohsen Rezaei, a military adviser to Iran’s supreme leader, sa
4.27Trump Softens Criticism of Prediction Markets, Says US Must Not Fall Behind
President Donald Trump has eased some of his criticism of prediction markets, signaling a more flexible stance on regulation. Trump told crypto media outlet Decrypt on April 27 that prediction markets are something "smart people I know also like." Th
4.27White House Says Shooting Near Press Dinner Was Third Assassination Attempt on Trump
The White House said a recent shooting near a dinner attended by the White House press corps was the third assassination attempt targeting President Donald Trump, in a sign of rising political tensions. Walter Bloomberg reported on April 27 that the
4.27Iran Signals Resolve to Keep Control of Strait of Hormuz
Iran has signaled it intends to maintain control over the Strait of Hormuz, the Wall Street Journal reported on April 27, underscoring tensions around a vital energy chokepoint. Iranian government officials told mediators that Tehran plans to retain
4.27Fidelity Says Crypto Market Is Stabilizing, With Bitcoin as Key Anchor
Bitcoin is playing a central role in the recovery of the cryptocurrency market, according to a new analysis. CoinDesk reported on April 27 that Fidelity Digital Assets said in a report that the market is showing signs of stabilization despite remaini
4.27Ethereum’s Break Above $2,400 Seen as Key to Extending Rally
Ethereum’s next move may hinge on whether it can break through resistance at $2,400, according to an analysis by crypto outlet CryptoPotato. CryptoPotato reported on April 27 that ETH was trading around $2,300 and had tested the $2,400 resistance lev
4.27Bitcoin Briefly Falls Below $77,000
Bitcoin briefly fell below the $77,000 level. As of 12:53 a.m. on April 28, the cryptocurrency was trading at $76,864.95 on Binance's Tether market, down 1.53% from a day earlier.
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