24/7 Blockchain industry dynamics and breaking crypto news
Vanguard Group's Total Stock Market Index Fund has significantly increased its stake in Strive, a company tied to Bitcoin, holding 1.72 million shares valued at approximately $25.2 million. This move signals growing institutional interest in crypto-related assets.
Read MoreInternational oil prices surged on April 29. WTI crude futures soared over 4%, breaking the $105/barrel level. Brent crude also gained nearly 3%, reflecting strong bullish sentiment in the market.
Read MoreRecent on-chain data indicates a significant cooling in Bitcoin spot market activity, with trading volume across major exchanges dropping to its lowest level since October 2023. This low-liquidity environment suggests reduced market depth and increased price sensitivity to capital flows, potentially signaling a consolidation phase.
Read MoreBlockstream CEO Adam Back states that Bitcoin spot ETF adoption by institutions is progressing slower than expected. Despite BlackRock's suggested allocation, fund managers have yet to act, indicating a gradual inflow of institutional capital.
Read MoreYield-generating assets now make up 10% of the $336.7B crypto market, signaling a major shift from transactional use to wealth-building. This evolution could transform stablecoins into crypto's primary yield engine, mirroring traditional finance trends.
Read MoreAlexander Mashinsky, former Celsius CEO, settled with the FTC, receiving a lifetime ban from promoting asset services and a $10 million fine. This follows his 7-year prison sentence for fraud. A suspended $4.7 billion judgment could be reinstated if he hides assets.
Read MoreDespite robust US economic growth, BNP Paribas foresees a weakening US dollar due to structural capital outflows. The bank predicts the euro could rise above 1.20 against the dollar this year, driven by European investor diversification.
Read MoreRonin will migrate to Ethereum Layer 2 on May 12, utilizing OP Stack and EigenDA for data availability. A 10-hour downtime is expected. Users should manage staking beforehand. The upgrade drastically reduces inflation, restructures treasury revenue, and introduces a new builder reward system to foster ecosystem growth.
Read MoreWorld Gold Council data reveals global gold demand reached 1231 tonnes in Q1 2026, up 2% year-on-year. While overall investment demand dipped 5%, bar and coin demand surged 42%, and gold ETFs saw strong Asian inflows amid regional divergence.
Read MoreLido DAO has tabled an urgent governance proposal to temporarily lower the loss protection threshold for its EarnETH vault following a recent protocol event. The move aims to use the first-loss capital to cover potential deficits below the standard 1% trigger, ensuring full user compensation. This is framed as a one-time exception driven by user protection and reputation, with a tight timeline due to overlapping resolution and voting periods.
Read MoreRecent data reveals that the daily trading volume of Bitcoin-focused asset manager MSTR has surpassed that of aerospace giant Boeing. This highlights the intense competition between digital assets and traditional industrial titans for market attention and capital flow.
Read MoreThe onshore Chinese yuan closed at 6.8329 against the US dollar on April 29, marking a gain of 31 basis points from the previous session. This upward movement highlights the currency's resilience and reflects shifting market dynamics and investor sentiment, offering insights into recent economic trends.
Read MoreAn anonymous whale deposited $2 million USDC into a leading derivatives platform, opening a $8.6 million short position on Brent oil with triple leverage. This high-stakes bet highlights the convergence of crypto finance and traditional commodity markets.
Read MoreBinance Alpha 2.0 has completed the rebranding of AITECH to AITECH Cloud Network (ACN) with a 1:1 token swap. Deposit and withdrawal services for ACN are now active, and trading officially commenced on the afternoon of April 29th, launching the project into its next phase.
Read MoreA US court sentenced the heir to the Cartier luxury empire to 8 years in prison for operating an unlicensed crypto exchange that laundered over $470 million in drug proceeds through shell companies and bank fraud.
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