Bitcoin futures funding rates hit one-year low as price nears record
The disconnect between spot and derivatives markets could signal potential volatility and a fragile support for Bitcoin's current price levels. The post Bitcoin futures funding rates hit one-year low as price nears record appeared first on Crypto Briefing.
What Happened to Litecoin (LTC)? Abnormal Activity, Founder's Comment
A brief chain split triggered by invalid MWEB transactions exposed both the fragility and resilience of Litecoin.
Zelensky praises Ukrainian drone strikes deep in Russia, ceasefire odds unchanged
Increased Ukrainian military capabilities heighten tensions, diminishing prospects for near-term peace and complicating diplomatic efforts. The post Zelensky praises Ukrainian drone strikes deep in Russia, ceasefire odds unchanged appeared first on Crypto Briefing.
TotalEnergies (TTEF) Shares Surge as Q1 Earnings Soar 29% Above Forecasts
TotalEnergies (TTEF) stock climbed 1.1% after reporting Q1 adjusted earnings of $5.4B, a 29% YoY increase, while raising its dividend and doubling buybacks. The post TotalEnergies (TTEF) Shares Surge as Q1 Earnings Soar 29% Above Forecasts appeared first on Blockonomi.
Polymarket eyes CFTC approval to reopen main platform to U.S. users
Polymarket has sought to reopen its main prediction markets platform to U.S. users as it is reportedly engaging regulators to remove a long-standing access ban. According to Bloomberg, the company has been in discussions with the Commodity Futures Trading Commission…
Czech Central Bank’s Bitcoin Bet Delivers Early Findings, Governor Says
Aleš Michl, governor of the Czech National Bank, said the institution’s early research suggests a small Bitcoin allocation could improve portfolio returns without materially increasing overall risk. Speaking at the Bitcoin 2026 conference in Las Vegas, Michl framed the finding not as a policy shift or ideological endorsement, but as part of a broader effort […]
Pershing Square Completes Record $5 Billion Closed-End Fund IPO Under Bill Ackman
Bill Ackman's Pershing Square closes historic $5B closed-end fund IPO. PSUS and PS start NYSE trading with institutional backing exceeding 85%. The post Pershing Square Completes Record $5 Billion Closed-End Fund IPO Under Bill Ackman appeared first on Blockonomi.
Amazon (AMZN) Stock: OpenAI Models Now Available on AWS Bedrock Platform
Amazon (AMZN) integrates OpenAI models into AWS Bedrock, expanding enterprise AI capabilities with unified security and scalable infrastructure solutions. The post Amazon (AMZN) Stock: OpenAI Models Now Available on AWS Bedrock Platform appeared first on Blockonomi.
GSK (GSK) Stock Drops 3% Despite Q1 Beat: Legal Provisions Cloud the Picture
GSK stock declined 3% despite beating Q1 earnings estimates. Analysts note legal provisions contributed half the beat. Full-year outlook unchanged. The post GSK (GSK) Stock Drops 3% Despite Q1 Beat: Legal Provisions Cloud the Picture appeared first on Blockonomi.
Visa (V) Stock Surges Over 5% on Record-Breaking Q2 Results
Visa (V) stock soared 5% following exceptional Q2 results: $3.31 EPS, $11.2B revenue, and 17% YoY growth—the best performance since 2022. The post Visa (V) Stock Surges Over 5% on Record-Breaking Q2 Results appeared first on Blockonomi.
Pi Network’s PI Taps Monthly High After Another Surge as BTC Returns to $77K: Market Watch
The popular altcoin, PI, has emerged as one of the top performers in the past couple of weeks.
Circle Mints $500 Million in USDC on Solana as Weekly Issuance Tops $3.25 Billion
Circle minted $500 million in USDC on the Solana network on April 29, with the issuance being part of a week that saw Solana process $3.25 billion in fresh USDC supply. Key Takeaways: Circle minted $500 million in USDC on Solana, as flagged by onchain intelligence firm Arkham. Solana’s weekly USDC issuance hit $3.25 billion, […]
Taiwan tops Beijing agenda for Trump-Xi summit on May 14-15
The summit's focus on Taiwan could heighten geopolitical tensions, impacting global markets and U.S.-China diplomatic relations. The post Taiwan tops Beijing agenda for Trump-Xi summit on May 14-15 appeared first on Crypto Briefing.
Trump’s hardline Iran stance impacts Polymarket contracts, peace deal odds drop
Trump's hardline stance on Iran reduces diplomatic resolution prospects, impacting market confidence and increasing geopolitical tensions. The post Trump’s hardline Iran stance impacts Polymarket contracts, peace deal odds drop appeared first on Crypto Briefing.
Tehran’s Imam Khomeini Airport reopens after 57-day suspension
The airport's reopening signals a stabilization phase, reducing immediate regime collapse odds, but geopolitical tensions remain pivotal. The post Tehran’s Imam Khomeini Airport reopens after 57-day suspension appeared first on Crypto Briefing.
Tether Unveils Modular Architecture for Bitcoin Miners
The company Tether, in collaboration with Canaan and ACME Swisstech, has introduced a modular infrastructure for mining. This new solution allows for the assembly of systems from individual components rather than using pre-built devices. The development is based on Avalon hash boards from Canaan. Tether's engineers have integrated them into their own management architecture and cooling system. The modular approach allows for: optimizing heat dissipation and energy consumption; upgrading individual parts without replacing the entire device; scaling farms according to operational conditions. The system is adapted for immersion cooling: according to Tether representatives, this reduces costs and enhances efficiency at large industrial sites. Tether's head, Paolo Ardoino, noted that traditional miners remain "closed" and fixed blocks, complicating maintenance and scaling. The new concept provides direct control over power at any scale of equipment fleet. The project continues Tether's strategy of developing its own infrastructure. Previously, the company released the Mining OS operating system and SDK development tools for managing mining hardware. In April, Tether announced the launch of the non-custodial wallet tether.wallet, which supports the stablecoins USDT, USAT, and XAUT, as well as Bitcoin.
Tarek Mansour: Traders prioritize market sentiment over events, regulatory progress is non-linear and unpredictable, and navigating crypto regulations feels like an endless desert | Uncapped with Jack Altman
Kalshi's legal victory reshapes the boundary between financial markets and gambling, impacting future regulatory frameworks. The post Tarek Mansour: Traders prioritize market sentiment over events, regulatory progress is non-linear and unpredictable, and navigating crypto regulations feels like an endless desert | Uncapped with Jack Altman appeared first on Crypto Briefing.
Japanese tankers cross Hormuz after talks with Iran
Japan's tanker crossing hints at potential diplomatic progress, but broader geopolitical tensions still hinder full Strait of Hormuz normalization. The post Japanese tankers cross Hormuz after talks with Iran appeared first on Crypto Briefing.
Google-Pentagon AI deal boosts confidence in Gemini model quality
The Google-Pentagon AI deal may redefine government trust in commercial AI, influencing future AI market dynamics and evaluation criteria. The post Google-Pentagon AI deal boosts confidence in Gemini model quality appeared first on Crypto Briefing.
ZetaChain’s $334K Gateway Exploit: How a Chained Vulnerability Drained Team Wallets Across 4 Chains
TLDR: ZetaChain’s GatewayEVM arbitrary call flaw allowed attackers to drain $333,868 across four blockchains. All three wallets drained were ZetaChain-controlled; no external user funds were lost in the exploit. The attacker brute-forced a vanity address with 13 matching characters to execute an address poisoning attack. A bug bounty report flagging this vulnerability was previously dismissed [...] The post ZetaChain’s $334K Gateway Exploit: How a Chained Vulnerability Drained Team Wallets Across 4 Chains appeared first on Blockonomi.
Kevin Warsh Fed chair nomination heads to Senate Banking Committee vote
Warsh's potential confirmation could shift market dynamics, influencing monetary policy expectations and trader strategies significantly. The post Kevin Warsh Fed chair nomination heads to Senate Banking Committee vote appeared first on Crypto Briefing.
Crude Oil Prices Soar Amid UAE’s OPEC Exit and Iran Blockade Tensions
Oil prices surge 3%+ as UAE departs OPEC and Trump administration plans extended Iran blockade. Brent hits $114.93 with Strait of Hormuz still closed. The post Crude Oil Prices Soar Amid UAE’s OPEC Exit and Iran Blockade Tensions appeared first on Blockonomi.
Celsius founder permanently banned from asset management in FTC Settlement
Celsius founder Alexander Mashinsky has agreed to a settlement with the Federal Trade Commission that bars him from promoting asset-related products and ties a $10 million payment to a much larger suspended judgment. According to the Federal Trade Commission, the…
SYND Crashes 37% After Syndicate Network Bridge Hack
Syndicate is probing a bridge compromise after attackers sold millions of SYND tokens.
Litecoin’s MWEB Chain Split Resolved as F2pool Mines All 13 Blocks
Mining pool F2pool confirmed it mined all 13 consecutive blocks needed to close Litecoin’s temporary chain split, which was triggered when an exploit of the network’s MimbleWimble Extension Blocks (MWEB) privacy layer allowed an attacker to fabricate an invalid 85,034 LTC pegout. Key Takeaways: f2pool mined all 13 blocks on the valid Litecoin chain, resolving […]
Brent crude oil hits $115 amid Iran-Israel conflict, highest since 2022
Rising oil prices due to geopolitical tensions could strain global economies, increase inflation, and impact energy policies worldwide. The post Brent crude oil hits $115 amid Iran-Israel conflict, highest since 2022 appeared first on Crypto Briefing.
Trump orders extended Hormuz blockade, escalating US-Iran tensions
The extended blockade heightens geopolitical risks, diminishing prospects for US-Iran diplomacy and impacting global markets significantly. The post Trump orders extended Hormuz blockade, escalating US-Iran tensions appeared first on Crypto Briefing.
Bitcoin, stocks risk 'months' of losses as Kevin Warsh Becomes Fed chair
Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets.
Robinhood (HOOD) Shares Plunge 9% as Q1 Results Disappoint on Crypto Weakness
Robinhood (HOOD) stock tumbled 9% after missing Q1 earnings expectations with crypto revenue down 47% and operating expenses up 18% year-over-year. The post Robinhood (HOOD) Shares Plunge 9% as Q1 Results Disappoint on Crypto Weakness appeared first on Blockonomi.
Why You Must Buy This Best Altcoin To Buy For Next Bull Run With 35% Bonus Before 2nd May
Momentum is building fast around the best altcoin to buy for next bull run, and DOGEBALL is quickly becoming a top contender backed by real usage and strong presale traction. With over $228K+ already raised and 820+ participants onboard, this is not early speculation. It is active capital flowing into a working ecosystem. The DOGEBALL [...] The post Why You Must Buy This Best Altcoin To Buy For Next Bull Run With 35% Bonus Before 2nd May appeared first on Blockonomi.
Bitcoin futures funding rates hit one-year low as price nears record
The disconnect between spot and derivatives markets could signal potential volatility and a fragile support for Bitcoin's current price levels. The post Bitcoin futures funding rates hit one-year low as price nears record appeared first on Crypto Briefing.
Amazon (AMZN) Stock Climbs 30% Ahead of Q1 2026 Earnings Report
Amazon (AMZN) reports Q1 2026 earnings today. Analysts expect strong AWS growth, scrutinize $200B AI spending, and project 11% upside. Full preview inside. The post Amazon (AMZN) Stock Climbs 30% Ahead of Q1 2026 Earnings Report appeared first on Blockonomi.
LayerZero Commits 10,000 ETH to DeFi United Initiative
The omnichain protocol LayerZero has joined the DeFi United initiative. The project will donate a total of 10,000 ETH (~$23 million). LayerZero Labs is pledging more than 10,000 ETH to @Aave-led DeFi United efforts. We are:• Donating 5,000 ETH to DeFi United• Depositing an additional 5,000 ETH to strengthen Aave markets liquidity• Strategically deepening GHO liquidity https://t.co/LbxDT8mkCq— LayerZero (@LayerZero_Core) April 28, 2026 Of the allocated amount, 5,000 ETH will go to the ecosystem recovery fund, and another 5,000 ETH will be reserved for Aave. The LayerZero team also announced plans to increase the liquidity of GHO, a stablecoin from the leading lending platform. TokenLogic has raised the borrowing cap for the "stablecoin" from 100 million to 125 million. We raised the $GHO borrow cap on the @aave Ethereum Core V3 Market from 100M to 125M.Enjoy a fixed 3.5% borrow rate. pic.twitter.com/nI7tAqYeqG— TokenLogic (@Token_Logic) April 28, 2026 However, the donation did not find support within the community. The criticism stemmed from LayerZero's response to the Kelp attack, with users pointing to the configuration of DVN LayerZero Labs as a potential cause of the breach. Some deemed the contribution too modest and criticized the developers for their slow response. Only 5,000 ETH when you were the CAUSE of this exploit?This might actually be criminal.— LIMITLΞSS 🐺👑 (@goodguyaugust) April 28, 2026 "Only 5,000 ETH, considering you were the cause of the exploit?" wrote one user. Others called for disconnecting applications from LayerZero's infrastructure, deeming it unsafe. "Sold all ZRO tokens, even taking a 70% loss. I have no faith left in your project. You guys are just pretending," remarked a user named Rajmani. Achievements of DeFi United Nonetheless, LayerZero's donation became one of the largest within DeFi United. As of April 29, the initiative had attracted over 137,000 ETH (~$320 million), surpassing the $290 million damage from the hack. Source: defiunited.world. Recently, ConsenSys and its founder Joseph Lubin joined the fundraising, contributing 30,000 ETH. The DeFi platform Compound has promised to transfer up to 3,000 ETH, with the proposal awaiting community approval. Puffer Finance also allocated treasury capital to support Aave. DeFi is built on resilience.Puffer has deployed treasury capital in support of @aave DeFi United.As a security-first liquid staking protocol, we believe strong infrastructure and aligned incentives are what sustain DeFi through moments like this.We believe DeFi is a core…— Puffer Finance 🐡 (@puffer_finance) April 28, 2026 Back in the discussions about the Kelp hack, Curve founder Mikhail Egorov proposed a debt tokenization mechanism.
Tether Unveils Bitcoin Faucet Feature in Self-Custody Wallet Application
Tether debuts Bitcoin faucet in its self-custody wallet, delivering instant Lightning payouts and simplified onboarding for new BTC users worldwide. The post Tether Unveils Bitcoin Faucet Feature in Self-Custody Wallet Application appeared first on Blockonomi.
US Tokens Set for H2 2026 Breakout as CLARITY Act and Fed Leadership Reshape Crypto Markets
TLDR: US-related tokens hold a combined market cap of $307–$314B, with daily trading volume steady near $24 billion. Kevin Warsh’s arrival as Fed Chair in May 2026 brings a relatively pro-crypto stance to US monetary leadership. The CLARITY Act entered Senate markup in May 2026, targeting clearer rules for digital assets and RWA tokenization. Stellar [...] The post US Tokens Set for H2 2026 Breakout as CLARITY Act and Fed Leadership Reshape Crypto Markets appeared first on Blockonomi.
S&P 500 (SPX) Approaches Critical Resistance Zone: What Investors Need to Know
S&P 500 tests key resistance at 7,100-7,250 amid 0.5% GDP growth and 3.3% inflation. Analysis of bull and bear scenarios for SPX in 2026. The post S&P 500 (SPX) Approaches Critical Resistance Zone: What Investors Need to Know appeared first on Blockonomi.
OpenAI taps Amazon cloud to scale AI agents as Microsoft ties loosen
OpenAI is expanding access to its generative AI models by bringing them onto Amazon Web Services, a move that follows closely on the heels of a revised agreement with Microsoft that loosens earlier exclusivity around cloud usage. According to reports,…
Trump family crypto projects and XRP surge fuel $20,000-a-day investor buzz
SHRMiner gains traction as investors turn to regulated cloud mining for XRP ecosystem exposure in 2026. This week, the cryptocurrency market once again took center stage, with XRP becoming the most-watched asset. Influenced by recent remarks from Trump and an…
Somali piracy surges as Iran conflict diverts naval forces
The naval redeployment creates a dual security challenge, complicating efforts to stabilize both Somali waters and the Strait of Hormuz. The post Somali piracy surges as Iran conflict diverts naval forces appeared first on Crypto Briefing.
ARK Invest Buys $14M in Alphabet (GOOGL) Stock Hours Before Q1 Earnings Release
Cathie Wood's ARK purchased $14M of Alphabet (GOOGL) stock before Q1 earnings. Analysts expect $107B revenue, 47% cloud growth, and $2.63 EPS. The post ARK Invest Buys $14M in Alphabet (GOOGL) Stock Hours Before Q1 Earnings Release appeared first on Blockonomi.
ASTEROID Whales Pivot to New Memecoins But Lose All Their Money
Despite the warnings, ASTEROID's saw some serious inflows, but unfortunately things went as expected.
'Give it Some Time': Why Author of 700% XRP Forecast Sees Bitcoin in a Healthy Reset Phase
Relive the 700% XRP rally strategy as analyst DonAlt breaks down why Bitcoin's current $77,000 consolidation is a "healthy reset".
Disney (DIS) Stock: CEO D’Amaro Keeps ESPN Under Disney Umbrella in Strategic Streaming Play
Disney (DIS) retains ESPN in-house under new CEO Josh D'Amaro, prioritizing live sports for streaming growth. Stock down 1%, analysts see 30% upside. The post Disney (DIS) Stock: CEO D’Amaro Keeps ESPN Under Disney Umbrella in Strategic Streaming Play appeared first on Blockonomi.
UnitedHealth (UNH) Stock Climbs 3.5% Following Strong Q1 Performance and Upgraded Forecast
UnitedHealth (UNH) stock surged 3.5% after beating Q1 estimates, raising guidance, benefiting from Medicare rate hike, and advancing AI cost-reduction initiatives. The post UnitedHealth (UNH) Stock Climbs 3.5% Following Strong Q1 Performance and Upgraded Forecast appeared first on Blockonomi.
UnitedHealth (UNH) Stock Surges Over 3.5% on Strong Q1 Results and Optimistic Outlook
UnitedHealth (UNH) stock rose 3.5% after beating Q1 earnings, raising guidance, and benefiting from a 2.48% Medicare rate hike plus AI cost-cutting progress. The post UnitedHealth (UNH) Stock Surges Over 3.5% on Strong Q1 Results and Optimistic Outlook appeared first on Blockonomi.
Micron (MU) Stock Soars as DA Davidson Sets Bold $1,000 Target Amid AI Memory Boom
DA Davidson sets $1,000 price target for Micron (MU) stock, citing AI-driven memory supercycle. TD Cowen and Melius Research also raise targets amid demand surge. The post Micron (MU) Stock Soars as DA Davidson Sets Bold $1,000 Target Amid AI Memory Boom appeared first on Blockonomi.
Micron (MU) Stock Soars to $1,000 Price Target on AI Memory Boom
Micron (MU) receives record-breaking $1,000 price target from DA Davidson as analysts bet on AI-driven memory demand extending through the decade. The post Micron (MU) Stock Soars to $1,000 Price Target on AI Memory Boom appeared first on Blockonomi.
Ethereum ICO Participant Moves $22.88 Million in ETH After 11 Years of Dormancy
An Ethereum initial coin offering ( ICO) participant transferred 10,000 ETH worth $22.88 million to a new wallet on Wednesday after the address sat dormant for over a decade, converting a $3,100 investment into a 7,381x return. Key Takeaways: Wallet 0xCD59 transferred 10,000 ETH worth $22.88 million after lying dormant for 10.8 years. The Ethereum […]
FCC orders review of Disney’s ABC licenses after Trump demands Kimmel firing
The FCC's unprecedented license review under political pressure could set a concerning precedent for media independence and regulatory influence. The post FCC orders review of Disney’s ABC licenses after Trump demands Kimmel firing appeared first on Crypto Briefing.
T. Rowe Price amends active crypto ETF filing, moving closer to launch
T. Rowe Price has advanced its entry into the crypto ETF market with a further amendment to its actively managed digital asset fund filing, bringing a potential launch closer. According to a preliminary prospectus dated April 27, 2026, the Baltimore-based…
Pentagon chief Hegseth to testify on Iran conflict amid market watch
Hegseth's testimony could significantly impact market perceptions and geopolitical strategies, influencing future U.S.-Iran relations. The post Pentagon chief Hegseth to testify on Iran conflict amid market watch appeared first on Crypto Briefing.
Ukraine intercepts 30,000 drones in March amid ongoing conflict with Russia
The interception surge underscores escalating conflict, diminishing ceasefire prospects and highlighting persistent hostilities in the region. The post Ukraine intercepts 30,000 drones in March amid ongoing conflict with Russia appeared first on Crypto Briefing.
Pentagon under scrutiny for Minab school strike amid Iran regime pressure
The Pentagon's lack of transparency on the Minab strike may intensify global scrutiny and destabilize Iran's regime, affecting market predictions. The post Pentagon under scrutiny for Minab school strike amid Iran regime pressure appeared first on Crypto Briefing.
Should You Buy Alphabet (GOOGL) Stock Before Today’s Q1 Earnings Report?
Alphabet (GOOGL) reports Q1 2026 earnings April 29. Analysts project $107B revenue, 47% cloud growth. Options price 5.67% post-earnings move. The post Should You Buy Alphabet (GOOGL) Stock Before Today’s Q1 Earnings Report? appeared first on Blockonomi.
EU maintains Iran sanctions, impacting crude oil and US-Iran ceasefire outlook
The EU's stance complicates US-Iran diplomacy, heightens oil market volatility, and underscores geopolitical risks affecting global supply. The post EU maintains Iran sanctions, impacting crude oil and US-Iran ceasefire outlook appeared first on Crypto Briefing.
Bitcoin exchange netflows surge by 9,905 BTC, largest inflow in 30 days
Increased Bitcoin exchange inflows may signal potential market volatility, impacting investor sentiment and future price stability. The post Bitcoin exchange netflows surge by 9,905 BTC, largest inflow in 30 days appeared first on Crypto Briefing.
Jury Hears Elon Musk’s Initial Testimony in OpenAI Lawsuit
The legal proceedings began on April 28, with Elon Musk filing a lawsuit against OpenAI and its two co-founders, Sam Altman and Greg Brockman. This was reported by Bloomberg. The case marks the culmination of years of conflict among the trio: all three founded the company in 2015, but their paths diverged over time. Musk argues that OpenAI's transition from a non-profit to a commercial entity was a mistake and sets a dangerous precedent for similar projects. "You can't steal from a charity, that's my opinion," the billionaire told the jury at the start of the trial in federal court in Oakland, California. Musk believes the implications of the lawsuit extend far beyond the parties involved. If Altman and Brockman's actions are not deemed wrongful, "it will set a precedent for the plundering of all charitable organizations in America." OpenAI's attorney, William Savitt, stated that Musk's lawsuit is an attempt to undermine the position of his own company, xAI's main competitor. According to him, the billionaire himself advocated for a commercial transformation in the early years of the startup. The outcome of the three-week trial could determine OpenAI's future, as the company prepares for one of the largest IPOs in history. Musk demands the reversal of the restructuring. Musk's Accusation Musk devoted much of his initial testimony to discussing his business ventures—Zip2, PayPal, SpaceX, Neuralink, and Tesla. He emphasized his long-standing interest in artificial intelligence, while always fearing the technology's potential. According to him, AI can significantly contribute to societal development—and simultaneously lead to its downfall. Around 2015, Musk discussed the technology's possibilities "with everyone and anyone," sharing his concerns. Among his interlocutors was Google co-founder Larry Page, who "did not pay enough attention to AI safety." The entrepreneur concluded that a counterbalance to Google's technologies was necessary—at that time, the corporation was leading in AI development and had "all the money, computers, and talent." "I thought: what could be the opposite of Google? Open source, non-profit," Musk said. Musk's lawyer, Steven Molo, told the jury that the trial would prove Altman and Brockman used Tesla's head's money, reputation, and advice to launch OpenAI, then abandoned the principles of public benefit and used the project for personal gain. According to Molo, Microsoft became a knowing accomplice in this betrayal. The corporation invested $13 billion in OpenAI since 2019—a year after Musk left the startup's board. Defense Arguments Savitt recounted that in OpenAI's first year as a non-profit research lab, Musk wrote: "It might be better to create a standard C-type corporation with a parallel non-profit." The following year, he stated: "Given the progress made by DeepMind, creating OpenAI as a non-profit might have been a mistake." In 2017, Musk and other startup employees realized the company needed significantly more funds for computing resources. After "dozens of meetings," they agreed on the necessity of creating a commercial division. "During these lively discussions in 2017, Mr. Musk never expressed the opinion that OpenAI should remain exclusively a non-profit. On the contrary, the situation was quite the opposite," Savitt stated. The lawyer claimed that the billionaire "wanted to turn the startup into a full-fledged commercial company and establish absolute control over it, but the other co-founders "refused to hand over AI development management to one person." Musk's Response Speaking in court, Musk stated that he was always open to creating a commercial "subsidiary"—provided profits were capped and funds directed to the non-profit organization. One proposal involved equal distribution of shares in the commercial entity among four key executives: Musk, Altman, Brockman, and Ilya Sutskever. The entrepreneur deemed this unfair, as the funding came from him. Musk expected to receive a controlling stake. What's Next The jury will hear from several high-ranking witnesses and examine years of correspondence and corporate documents. Following the testimonies, they will issue a recommended verdict—the final decision will rest with Judge Gonzalez Rogers. In October, OpenAI completed a restructuring, dividing the company into a commercial corporation and a non-profit foundation.
Microsoft (MSFT) Earnings Report: What Analysts Are Tracking This Quarter
Microsoft (MSFT) announces Q3 earnings Wed. Investors monitor Azure's 39.7% growth forecast, Copilot seats, and $37.5B capex amid AI infrastructure buildout. The post Microsoft (MSFT) Earnings Report: What Analysts Are Tracking This Quarter appeared first on Blockonomi.
Goldman Sachs Analyst Predicts Near-Term Market Correction — What Investors Should Watch
Goldman Sachs strategist John Flood warns of a potential stock pullback as pension funds prepare to sell $25B and systematic buyers exit positions. The post Goldman Sachs Analyst Predicts Near-Term Market Correction — What Investors Should Watch appeared first on Blockonomi.
Startale Group Embeds Privacy Boost, Enables Sub-500ms Shielded Asset Transfers
Startale Group has selected Sunnyside Labs’ Privacy Boost as the privacy partner for its app, introducing onchain features that let users shield assets and carry out private transfers. Key Takeaways: Startale Group chooses Sunnyside Labs to bring native privacy to its consumer-facing app. Privacy Boost delivers 1,800+ transactions per second on Soneium to solve blockchain […]
Iran asserts right to counter US actions amid Gulf tensions
Heightened Gulf tensions could disrupt oil supply routes, potentially driving crude prices higher and impacting global energy markets. The post Iran asserts right to counter US actions amid Gulf tensions appeared first on Crypto Briefing.
US base damage in Gulf highlights UK-Iran strike contract on Polymarket
Geopolitical tensions may escalate as host nations' reluctance to host U.S. forces could impact military strategies and market predictions. The post US base damage in Gulf highlights UK-Iran strike contract on Polymarket appeared first on Crypto Briefing.
Advanced Micro Devices (AMD) Stock Slides 3.72% After OpenAI Revenue Shortfall
AMD stock dropped 3.72% after OpenAI missed revenue targets. Q1 earnings due May 5, with expectations of $1.28 EPS. Stock still up 49% YTD despite pullback. The post Advanced Micro Devices (AMD) Stock Slides 3.72% After OpenAI Revenue Shortfall appeared first on Blockonomi.
Iran’s ex-fuel suppliers seek energy deals, impacting crude oil market
Iran's energy negotiations could stabilize global oil supply, potentially lowering prices and impacting market confidence in price hikes. The post Iran’s ex-fuel suppliers seek energy deals, impacting crude oil market appeared first on Crypto Briefing.
Gold Hovers at Four-Week Low Amid Iran Conflict and Fed Rate Uncertainty
Gold trades near $4,590 after a 13% decline since Iran conflict began. Fed rate decision and Strait of Hormuz closure fuel inflation fears. The post Gold Hovers at Four-Week Low Amid Iran Conflict and Fed Rate Uncertainty appeared first on Blockonomi.
Iran cuts gas consumption after losing 18.5M gallons of fuel in facility damage
Iran's energy crisis heightens regime instability concerns, potentially impacting global oil markets and geopolitical dynamics. The post Iran cuts gas consumption after losing 18.5M gallons of fuel in facility damage appeared first on Crypto Briefing.
Jerome Powell likely chairs final FOMC meeting, Kevin Warsh to succeed
Warsh's leadership could shift monetary policy priorities, impacting inflation strategies and market expectations significantly. The post Jerome Powell likely chairs final FOMC meeting, Kevin Warsh to succeed appeared first on Crypto Briefing.
Israeli airstrikes on Hezbollah in Lebanon test ceasefire stability
The airstrikes may strain diplomatic efforts, but market confidence in ceasefire stability suggests limited immediate political impact. The post Israeli airstrikes on Hezbollah in Lebanon test ceasefire stability appeared first on Crypto Briefing.
MegaETH confirms token generation event for April 30, 2026
MegaETH's TGE confirmation boosts market confidence, potentially influencing future crypto project launches and investor strategies. The post MegaETH confirms token generation event for April 30, 2026 appeared first on Crypto Briefing.
Seagate (STX) Shares Soar 18% on Stellar Quarterly Results and Optimistic Forecast
Seagate (STX) stock surges 18% after crushing Q3 earnings with $4.10 EPS and issuing Q4 guidance of $5.00, beating Wall Street by 26%. The post Seagate (STX) Shares Soar 18% on Stellar Quarterly Results and Optimistic Forecast appeared first on Blockonomi.
Ross Gerber Rips Robinhood's Crypto Strategy
Prominent wealth manager Ross Gerber has lambasted Robinhood as nothing more than a "gambling app" after a staggering 47% collapse in cryptocurrency trading volumes..
CLARITY Act Stalls as Law Enforcement Challenges DeFi Developer Protections
The CLARITY Act encounters resistance from law enforcement over DeFi protections. Senator Lummis downplays concerns as August deadline approaches. The post CLARITY Act Stalls as Law Enforcement Challenges DeFi Developer Protections appeared first on Blockonomi.
Pump.fun (PUMP) Token Rallies Following Massive $370M Burn and New Revenue Strategy
Pump.fun destroys $370M in PUMP tokens (36% of supply) and launches a 50% revenue buyback program. Token price surged 8% following the announcement. The post Pump.fun (PUMP) Token Rallies Following Massive $370M Burn and New Revenue Strategy appeared first on Blockonomi.
How to Choose the Best Manufacturer for Crypto Enthusiast Gifts
The whole crypto industry keeps expanding rapidly across the world right now. More blockchain and Web3 projects are looking for physical products they can customize. These items need to fit their own culture and what they need for marketing.Web3 teams use these physical items to bring their communities closer. They also help make the brand [...] The post How to Choose the Best Manufacturer for Crypto Enthusiast Gifts appeared first on Blockonomi.
Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts
Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem. According to Paolo Ardoino, who announced the feature at Bitcoin 2026 in Lugano, the faucet…
Elon Musk Claims He Created OpenAI — Legal Team Says Power Struggle Behind Lawsuit
Elon Musk testified he founded OpenAI and now seeks $150B in damages. OpenAI's lawyers claim he sued after losing control of the AI company. The post Elon Musk Claims He Created OpenAI — Legal Team Says Power Struggle Behind Lawsuit appeared first on Blockonomi.
Trump rejects Tehran’s plea, calls Iran in ‘state of collapse’
Trump's stance heightens geopolitical tensions, reducing diplomatic prospects and increasing market speculation on potential military actions. The post Trump rejects Tehran’s plea, calls Iran in ‘state of collapse’ appeared first on Crypto Briefing.
ASTEROID Whales Pivot to New Memecoins but Lose All of Their Money
Despite the warnings, ASTEROID's saw some serious inflows, but unfortunately things went as expected.
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 […]
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.
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.
Canada moves to ban crypto ATMs over fraud concerns
Canada has moved to tighten oversight of cryptocurrency use by proposing a nationwide ban on crypto ATMs while advancing legislation to block digital asset donations in federal elections. According to CBC News, the federal government has outlined plans in its…
One Company May Be Controlling Bitcoin’s Momentum – Here’s How
Bitwise's Matt Hougan said that Strategy's Bitcoin buying spree, funded through STRC issuance, has driven much of the recent rally.
US Treasury yields climb as Fed meeting nears amid geopolitical tensions
Rising Treasury yields amid geopolitical tensions could limit the Fed's flexibility, impacting future monetary policy and inflation control. The post US Treasury yields climb as Fed meeting nears amid geopolitical tensions appeared first on Crypto Briefing.
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.
Bitcoin (BTC) Holds $77K Amid Fed Meeting and Big Tech Earnings Week
Bitcoin holds near $77K as markets await Fed decision and Big Tech earnings. Oil tops $111 on Hormuz tensions while altcoins struggle. BTC shows resilience. The post Bitcoin (BTC) Holds $77K Amid Fed Meeting and Big Tech Earnings Week appeared first on Blockonomi.
Japan’s PM engages with Iran for safe Strait of Hormuz passage
Japan's diplomatic efforts with Iran could stabilize global oil markets, but uncertainty persists without a concrete agreement. The post Japan’s PM engages with Iran for safe Strait of Hormuz passage appeared first on Crypto Briefing.
Mojtaba Khamenei halts US talks, raising focus on Iran leadership change
The halt in US-Iran talks may heighten internal tensions, potentially impacting Iran's leadership dynamics and market stability. The post Mojtaba Khamenei halts US talks, raising focus on Iran leadership change appeared first on Crypto Briefing.
Bitcoin transaction volume surpasses Visa, Mastercard in 2025
Institutional adoption of Bitcoin suggests a shift in financial systems, potentially increasing its role in global transaction settlements. The post Bitcoin transaction volume surpasses Visa, Mastercard in 2025 appeared first on Crypto Briefing.
Aptos says its new privacy coin seeks to fix one of crypto’s biggest trade-offs
Aptos said its new privacy coin could be used to enable businesses to transact onchain without competitors tracking treasury moves and trading strategies.
Polymarket denies data breach, says hacker is selling public data
The apparent hacker claimed to have breached other prediction markets and planned to release the data in the next few days.
US Crypto Market Explosion: Size, Share & Projections to 2034
US Crypto Market Explosion: Size, Share & Projections to 2034 The is set for massive growth. In 2025, it was worth USD 58.83 billion. Experts predict it will hit USD 73.28 billion in 2026 and soar to USD 346.47 billion […] The post US Crypto Market Explosion: Size, Share & Projections to 2034 appeared first on Blockmanity.
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 […]
Lloyds profits jump 33% on higher rates as BOE holds steady
Lloyds' profit surge highlights banks' gains from high rates, complicating arguments for imminent rate cuts amid cautious market sentiment. The post Lloyds profits jump 33% on higher rates as BOE holds steady appeared first on Crypto Briefing.
Polymarket Pushes for CFTC Green Light to Resume U.S. Operations Following 2022 Ban
Polymarket seeks CFTC approval to end its U.S. trading ban from 2022. The $8 billion company could soon compete directly with Kalshi in the American market. The post Polymarket Pushes for CFTC Green Light to Resume U.S. Operations Following 2022 Ban appeared first on Blockonomi.
Hyperliquid (HYPE) Price Drops as Two-Month Rally Comes to an End
Hyperliquid (HYPE) ends 62-day uptrend with trendline break. Social dominance falls sharply while futures OI climbs to $1.66B. Key levels to watch. The post Hyperliquid (HYPE) Price Drops as Two-Month Rally Comes to an End appeared first on Blockonomi.
CFTC Takes Legal Action Against Wisconsin Over Prediction Market Platforms
The CFTC has filed suit against Wisconsin over prediction markets, claiming exclusive federal authority over platforms like Kalshi and Coinbase (COIN). The post CFTC Takes Legal Action Against Wisconsin Over Prediction Market Platforms appeared first on Blockonomi.
Bitcoin ETF Boom Will Take Over a Year, Blockstream CEO Adam Back Warns Investors
Adam Back says institutional Bitcoin ETF adoption will take 12-18 months. BlackRock, Fidelity, and Morgan Stanley are moving slower than crypto markets expect. The post Bitcoin ETF Boom Will Take Over a Year, Blockstream CEO Adam Back Warns Investors appeared first on Blockonomi.
Oil supply disruption raises US recession risk for 2026
The potential oil supply disruption could trigger inflationary pressures and economic instability, heightening recession risks globally. The post Oil supply disruption raises US recession risk for 2026 appeared first on Crypto Briefing.
Trump cancels delegations, rejects Iran proposal amid uranium talks limbo
Trump's actions heighten geopolitical tensions, diminishing prospects for near-term diplomatic resolutions and impacting global stability. The post Trump cancels delegations, rejects Iran proposal amid uranium talks limbo appeared first on Crypto Briefing.
Bitcoin (BTC) ETF Institutional Wave Won’t Hit for Another Year, Says Adam Back
Adam Back says Bitcoin ETF institutional adoption needs 12–18 months. Learn why BlackRock, Fidelity, and Morgan Stanley's entry won't trigger instant gains. The post Bitcoin (BTC) ETF Institutional Wave Won’t Hit for Another Year, Says Adam Back appeared first on Blockonomi.