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bitcoinist.com XRP Sentiment Tanks To A 2-Year Low—But History Hints At Major Bullish Comeback

Over the past 48 hours, XRP lost the important $1.40 support level. Meanwhile, social sentiment around the token moved in the wrong direction, widening the gap between bullish and bearish voices.  Fear and caution are becoming more common among investors, and that shift is happening while the price action remains unstable. Still, one analyst believes […]

bitcoinist.com Japan Regulators Target Crypto Deals In Real Estate With New Guidance

In response to the growing adoption of crypto in real estate, four Japanese regulatory authorities have issued joint guidance outlining compliance requirements to mitigate money laundering risks in property transactions. Related Reading: GENIUS Act Ready Or Not? BitGo Says Here Are The 5 Fixes For Successful Rollout Authorities Issue Crypto Guidance For Real Estate Industry […]

forklog.media Forbes Estimates American Bitcoin Investors’ Losses at $500 Million

The mining company American Bitcoin enriched Eric Trump while retail investors lost approximately $500 million, according to Forbes.  The firm went public on Nasdaq in September 2025 with a valuation of $13.2 billion. Since then, shares have plummeted by 92%. According to the publication, Trump's fortune increased from about $190 million to $280 million during this period, despite not investing his own funds in the business's creation. Source: Yahoo Finance.  The Controversial Economics of Mining Trump claimed that American Bitcoin mines the leading cryptocurrency at approximately $57,000-$58,000 per coin—almost half the market price at that time. Forbes clarified that this figure includes only the operational costs of running the equipment. When factoring in the purchase of machines, marketing, depreciation, and other expenses, the cost rises to $92,000 per BTC.  Currently, operational costs have decreased to about $47,000, but the total cost remains around $90,000. At the time of writing, the leading cryptocurrency is trading around $77,000.  Hourly BTC/USDT chart on Binance. Source: TradingView.  Forbes also highlighted the terms of the deal with Hut 8. American Bitcoin gained access to mining equipment, while the other party retained data centers, real estate, operational management, and part of the leadership. According to the annual report, American Bitcoin had only two full-time employees. Bitcoin Collateral for Equipment In August-September 2025, the company purchased ASIC miners for about $330 million—not with cash, but by pledging bitcoins with an option on the payment method. If prices rose, they could pay in cash and keep the coins; if prices fell, they would transfer them to the supplier. Following the deal, digital gold depreciated by about 30%. Forbes believes that if the current trend continues, American Bitcoin will lose the pledged 3090 BTC, despite having mined only 1800 BTC. If the price does not recover, all mined cryptocurrency will go towards paying for the equipment—the options expire around August 2027. Most BTC Purchased on the Market Forbes also claims that about 70% of American Bitcoin's cryptocurrency came not from mining, but from selling shares and subsequently purchasing coins on the market. After going public, the company actively issued new shares. Within 27 days of listing, it sold 11 million shares for $90 million and bought about 725 BTC. From early October to mid-November, it sold another 7 million shares for $44 million. In late November, after the bitcoin price fell, American Bitcoin sold 47 million shares for approximately $106 million. From January 1 to March 25, 2026, the firm sold another 84 million shares for $111 million and acquired about 1430 BTC. In total, from its founding to the end of March, American Bitcoin spent about $525 million on cryptocurrency, now valued at approximately $390 million. According to Forbes, the company "burned" about $135 million of shareholders' funds. The firm's primary model is based on "arbitrage" between the high market valuation of the company and purchasing bitcoin through share issuance. The publication linked investor interest in American Bitcoin's shares partly to the Trump family brand. Reaction Following the publication, Eric Trump called Forbes a "political weapon" and "an embarrassment to journalism." Since being acquired by China, @Forbes has become a political weapon and an embarrassment to journalism.Just over a year ago, American Bitcoin did not exist. 7 Months and 25 days ago we went public on the NASDAQ. Today we hold over 7,000 Bitcoin and stand as the 16th largest… https://t.co/m7ZD8Pg0F7— Eric Trump (@EricTrump) April 28, 2026 "Just a year ago, American Bitcoin did not exist. […] Today we own 9000 BTC and are the 16th largest public bitcoin company in the world, relying on a fleet of 90,000 miners," he wrote.  The community responded with criticism. Some noted that he simply disliked the figures presented by the publication. Others urged him to comment on the decline in American Bitcoin's shares, the WLFI token, and the presidential family's meme coins.  "Okay, you mined 500 BTC a year (which is, by the way, impossible), but where did the 7000 BTC on the balance sheet come from?" — inquired one user.  In March, American Bitcoin announced an expansion of its fleet by 11,298 ASIC miners. 

forklog.media Coinbase and Glassnode Report Growing Optimism in the Crypto Market

Coinbase and the analytics platform Glassnode have observed an improvement in market sentiment amid macroeconomic changes, according to their joint report. https://t.co/HZnbv0qyxt— Coinbase Institutional 🛡️ (@CoinbaseInsto) April 28, 2026 A survey of 100 institutional and private investors revealed that about 73% of respondents believe the current price of Bitcoin is undervalued. The net unrealized profit indicator has shifted from the "fear" stage to "optimism." Analysts have noted changes in the Ethereum supply structure. In the first quarter, the volume of coins held by short-term holders decreased by 38%, while the amount of ether on the balances of long-term investors increased by 1%. Experts believe this indicates speculators are leaving the market. Coinbase maintains a "cautious optimism" and expects a recovery in the prices of most digital assets within the quarter. However, data from SoSoValue on April 28 indicates a local cooling of interest in exchange-traded funds. Spot Bitcoin ETFs recorded a net outflow of $89.68 million. The leader in the anti-rating was BlackRock's IBIT fund, which lost $112.25 million. Source: SoSoValue. A similar situation is observed in the Ethereum ETF sector: the net outflow amounted to $21.8 million. The largest losses were incurred by BlackRock's fund (ETHA), which saw $13.17 million withdrawn. Bitcoin's Decline to $74,000 On-chain analyst known as Woominkyu warned of a potential Bitcoin correction to the $74,000–$75,000 range. He suggests this could be driven by rising exchange reserves and the activity of large players. Exchange Inflow Spike: A Warning Sign or Just Noise?“Unless this inflow is quickly absorbed, a retest of the $74K–$75K support zone is increasingly likely in the near term.” – By @Woo_Minkyu pic.twitter.com/hAtNZh4KcK— CryptoQuant.com (@cryptoquant_com) April 29, 2026 On April 27, the net inflow of the asset to trading platforms amounted to 9,905 BTC, the highest value in the last 30 days. During this period, the price of the leading cryptocurrency failed to hold above the $78,000 resistance. The analyst pointed to the rise in the Exchange Whale Ratio metric to 0.7: the top 10 largest transactions accounted for more than 70% of all deposits. According to the expert, whales are transferring assets to exchanges for subsequent sale. At the same time, overall exchange reserves are increasing: from April 25 to 28, the figure rose from 2.666 million BTC to 2.677 million BTC.  Woominkyu believes that the accumulation of coins on platforms and the inability of the price to overcome the $79,000 level indicate the market is preparing for a decline. If buyers do not absorb the emerging supply, Bitcoin will test the $74,000-75,000 support zone. Bitwise CIO Matt Hougan highlighted Strategy as a key driver of Bitcoin's recent rally. Over the past eight weeks, the firm has purchased $7.2 billion worth of cryptocurrency.  The purchases are financed through the issuance of perpetual preferred shares (STRC) with a dividend yield of 11.5%. The instrument is backed by Bitcoin reserves worth $63 billion.  Hougan believes that Strategy will continue to attract capital through STRC until the company's liabilities exceed 50% of its crypto assets. Currently, this figure stands at 33%. On April 28, the price of the leading cryptocurrency adjusted to $76,337 after an unsuccessful attempt to hold above $79,000.  

forklog.media Reports Emerge of OpenAI’s Financial Struggles

OpenAI has not met key targets for ChatGPT user numbers and revenue, according to Decrypt, citing expert statements. Chief Financial Officer Sarah Friar warned that computing costs risk outpacing revenue. OpenAI aimed to attract a billion active users per week by the end of last year. This goal was not achieved, causing concern among some investors. "When the dust settles, companies will find that much of the work still relies on human judgment, collaboration, and contextual understanding, which AI cannot yet replicate," commented Foresight Ventures investment partner Alice Lee. OpenAI has secured funding for large expenses through active deal-making. Friar cautioned that revenue might not grow quickly enough to cover these contracts. Board members have begun scrutinizing data center agreements more closely and are questioning Sam Altman's push to increase computing power amid slowing growth. Forge CEO Kelly Rodriques stated that Anthropic has already surpassed OpenAI in market capitalization — $1 trillion compared to $800 billion. Deal with Microsoft Amid financial uncertainty, OpenAI revised its agreement with Microsoft. The Windows creator lost exclusive access to all products and intellectual property of the ChatGPT developer and received a non-exclusive license until 2032. Both companies still refer to Microsoft as OpenAI's "primary cloud partner." This could mean that Azure will support most of the startup's infrastructure over the next six years. Meanwhile, OpenAI aims to build its own data centers in collaboration with other partners. OpenAI's products will be delivered "primarily on Azure," the companies stated. However, the startup "can now offer its solutions to clients through any cloud service provider." In return, the new agreement frees Microsoft from the obligation to share a portion of its revenue with OpenAI. The corporation retains about 27% of the commercial organization. Smartphone Development The creation of hardware devices could be a "lifeline" for OpenAI's financial situation. Renowned insider and analyst from TF International Securities Ming-Chi Kuo reported that the startup is developing a smartphone chip in collaboration with Qualcomm and MediaTek. Luxshare is handling production and joint system design. https://t.co/Qqi64OWBM3— 郭明錤|Ming-Chi Kuo (@mingchikuo) April 27, 2026 The new device will not just be another smartphone with a chatbot icon. Developers aim to eliminate apps entirely, replacing them with an AI agent capable of directly executing user commands. "Only by fully controlling both the OS and hardware can OpenAI provide a comprehensive service," wrote Kuo. The chip will perform computations on the device and in the cloud, while the phone will track context in real time. Mass production is expected in 2028. In May 2025, OpenAI announced the acquisition of a startup by former Apple design chief Jony Ive, which is involved in creating AI devices.

news.bitcoin.com Avalanche Foundation Backs W3 as 200K Workflows Go Live, Accelerating AI Finance Shift

W3 has launched a control platform on the Avalanche network designed to manage agent-powered finance. Key Takeaways W3.io launched an AI control platform on Avalanche, already processing 200,000 daily enterprise workflows. W3 and Avalanche bridge an accountability gap for 70+ blockchains by cutting integration time to 1 day. The Avalanche Foundation investment will help W3 […]

cryptobriefing.com Kyle Schwarber: Celtics will win in six, tournament expansion benefits only conferences, and draft lottery changes could create new loopholes | Pardon My Take

Proposed draft lottery changes could unintentionally reshape team strategies and impact the NBA's competitive balance. The post Kyle Schwarber: Celtics will win in six, tournament expansion benefits only conferences, and draft lottery changes could create new loopholes | Pardon My Take appeared first on Crypto Briefing.

bitcoinist.com XRP Sentiment Tanks To A 2-Year Low—But History Hints At Major Bullish Comeback

Over the past 48 hours, XRP lost the important $1.40 support level. Meanwhile, social sentiment around the token moved in the wrong direction, widening the gap between bullish and bearish voices.  Fear and caution are becoming more common among investors, and that shift is happening while the price action remains unstable. Still, one analyst believes […]

blockonomi.com Ethereum (ETH) Price Analysis: Whale Accumulation Surges While Retail Investors Capitulate at $2,300

Ethereum (ETH) hovers at $2,300 with $2,200 support in focus. Retail sold 756K ETH while whales accumulated 60K. Breaking $2,400 could trigger $1.94B liquidations. The post Ethereum (ETH) Price Analysis: Whale Accumulation Surges While Retail Investors Capitulate at $2,300 appeared first on Blockonomi.

news.bitcoin.com Twenty One Capital’s Jack Mallers Argues BTC’s Proof of Reserves Outclasses Gold at Bitcoin 2026

At Bitcoin 2026, Jack Mallers, chief executive of the $3.3 billion bitcoin treasury firm Twenty One Capital, stated that bitcoin has a structural advantage over gold, pointing to its onchain proof of reserves as something no gold custodian can replicate. Key Takeaways: Twenty One Capital CEO Jack Mallers says bitcoin’s onchain auditability gives it an […]

blockonomi.com Paul Tudor Jones: Bitcoin Beats Gold as Inflation Shield While Stocks Face Overvaluation Crisis

Paul Tudor Jones endorses bitcoin as the top inflation hedge over gold and warns that overvalued U.S. stocks could deliver negative returns for ten years. The post Paul Tudor Jones: Bitcoin Beats Gold as Inflation Shield While Stocks Face Overvaluation Crisis appeared first on Blockonomi.

blockmanity.com Bitcoin Hovers at $77K Before Fed Rate Call: $80K Surge Could Ignite $1.2B Short Squeeze

Bitcoin’s Tense Wait Near as Markets Brace for Fed Move Bitcoin is holding steady near $77,000 right now. Traders are on edge, waiting for the US Federal Reserve’s big rate decision. This key moment could shake up the crypto world. […] The post Bitcoin Hovers at $77K Before Fed Rate Call: $80K Surge Could Ignite $1.2B Short Squeeze appeared first on Blockmanity.

news.bitcoin.com Crypto Regulation Crossroads: Certik Report Maps Divergent Global Paths

The findings of a new study reveals a global shift from drafting crypto policies to aggressive active enforcement. Key Takeaways: Certik reports EMEA fines hit $168.2M in H1 2025, a 767% surge as regulators shift to active supervision. The EU’s MiCA framework is driving major exchanges to France and Ireland by providing 100% legal certainty. […]

cryptopotato.com Symbiotic and Midas Build Instant Liquidity for Tokenized Assets

[PRESS RELEASE – Dubai, UAE, April 28th, 2026] Built on Symbiotic Core and integrated into Midas’ Open Liquidity Architecture, the partnership adds a capital-efficient RFQ settlement layer for tokenized assets: T+0 atomic settlement with no idle capital and no pre-funded inventory. Most tokenized assets remain functionally illiquid. Redemptions can take 60 to 180 days or […]

bitcoinist.com Ethereum Nears 190M Holders—Triple Bitcoin’s Count In Widening Adoption Gap

On-chain data shows the Ethereum network is nearing in on the 190 million holders milestone, hosting more than triple the userbase of Bitcoin. Ethereum Has Been Widening Its Adoption Gap To Bitcoin In a new post on X, on-chain analytics firm Santiment has shared how the various top networks in the digital asset sector like […]

blockmanity.com Best Crypto to Invest $1,000 in Today for 10-Year Returns: XRP vs Cardano Showdown

Best Crypto to Invest $1,000 in Today for 10-Year Returns: Showdown If you have $1,000 to put into cryptocurrency right now and want to hold it for the next 10 years, which coin should you pick? In this battle, we […] The post Best Crypto to Invest $1,000 in Today for 10-Year Returns: XRP vs Cardano Showdown appeared first on Blockmanity.

news.bitcoin.com Ripple Positions Custody as Core to Institutional Crypto Growth

Ripple custody strategy gains traction as European institutions move into production environments requiring secure digital asset infrastructure. The shift positions custody systems as the operational foundation for scaling institutional crypto use cases across payments, tokenization, and treasury management. Key Takeaways: Ripple highlights custody as core infrastructure driving institutional crypto adoption across Europe. Intesa Sanpaolo deployment […]

bitcoinist.com Bitcoin Transparency Gets A Boost As Dorsey’s Block Unveils Reserve Proof

Block is now offering 5% Bitcoin cash back at Square merchants — a detail that quietly underscores just how far Jack Dorsey’s payments company has gone in tying its business to Bitcoin. Related Reading: Ethereum Power Play: Bitmine Rockets Past 5M ETH With Fresh 101,901 Purchase The reward program was announced Monday in Las Vegas […]

news.bitcoin.com FBI Probes Missing Man After $1M Vanished Into Gold, Crypto Buys

Missing California man Nai Ping Hou’s finances are now central to a suspicious disappearance investigation. Over $1 million in withdrawn funds tied to gold and cryptocurrency purchases has raised concerns about who controlled his assets. Key Takeaways: FBI investigators are examining Nai Ping Hou’s depleted accounts after his disappearance. Gold and cryptocurrency purchases raised concerns […]

bitcoinist.com Analyst Ted Pillows Calls Out The XRP Liquidity Points In Both Directions

Crypto market analyst Ted Pillows has identified key liquidity zones that could shape XRP’s next major move as the cryptocurrency continues to consolidate in a range. With both bullish and bearish positions building, the setup points to rising tension among traders and investors as they attempt to predict XRP’s future price action.  XRP Forms Liquidity […]

blockmanity.com UAE’s Shock Exit from OPEC and OPEC+: Oil Market Chaos and Crypto Implications

UAE’s Shock : Oil Market Chaos and Crypto Implications Big news from the oil world: The United Arab Emirates (UAE) has decided to leave OPEC and the larger OPEC+ group. This move starts on May 1 after a deep review […] The post UAE’s Shock Exit from OPEC and OPEC+: Oil Market Chaos and Crypto Implications appeared first on Blockmanity.

bitcoinist.com Bitcoin Coinbase Premium Breaks Green Streak: US Selling Pressure Back?

American Bitcoin sellers may be making a return as data shows the Coinbase Premium Gap has turned negative for the first time in 20 days. Bitcoin Coinbase Premium Gap Has Broken Its Positive Streak In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Coinbase Premium Gap […]

news.bitcoin.com New BNB 2x Leveraged ETF XBNB Begins Trading on NYSE Arca

A new leveraged BNB ETF began trading in U.S. markets as XBNB launched with 2x daily exposure, giving short-term crypto traders regulated access to amplified price swings while raising risks tied to volatility and daily resets. Key Takeaways: XBNB offers 2x daily exposure to BNB through a regulated ETF structure. Teucrium is expanding its leveraged […]

blockonomi.com AAVE Goes Live on Solana in DeFi First as Price Prediction Targets $500 and Pepeto Offers 100x From $84

This Solana price prediction arrives as AAVE’s governance token launched natively on the Solana network this weekend through Sunrise DeFi, backed by a Solana Foundation USDT loan that marks the first time the Foundation sent funds outside its own system, per Crypto Briefing. SOL climbed from $80 lows to $84.25 while the Fear and Greed [...] The post AAVE Goes Live on Solana in DeFi First as Price Prediction Targets $500 and Pepeto Offers 100x From $84 appeared first on Blockonomi.