Crypto Industry News & Market Trends

RLUSD Settlement of $59M Cost Less Than a Cent

A $59 million RLUSD settlement was completed on the XRP Ledger on April 29 at a total transaction fee of $0.000188, cited by on-chain researcher Ripple Bull Winkle as live proof that Ripples payment network is already handling large-scale cross-border settlements in production.The $59 million transaction used Ripples RLUSD stablecoin on the XRP Ledger and settled for a fee of $0.000188, less than one cent, while SWIFT-based settlements of equivalent size typically take two to three business days and cost significantly more.The settlement was flagged by crypto researcher Ripple Bull Winkle on X and cited in Coinpedia as evidence that the XRP Ledgers settlement capabilities are functioning at institutional scale, not just in testing environments.RLUSD was launched in December 2024 and has since reached a market capitalization approaching $300 million, with adoption expanding across enterprise payment providers including BKK Forex and iSend.　　RLUSD settlement of $59 million was completed on the XRP Ledger on April 29, settling with a fee of just $0.000188, according to on-chain researcher Ripple Bull Winkle, whose findings were cited in a Coinpedia report alongside the same day‘s NYSE Arca filing naming XRP as an eligible commodity trust asset. The transaction is notable not because large XRP

04-30Industry

EUR/USD weakens below 1.1700 as Fed keeps rates unchanged

The EUR/USD pair loses ground to near 1.1680 during the early European session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) after the US Federal Reserve (Fed) left interest rates unchanged. The attention will shift to the European Central Bank (ECB) interest rate decision later on Thursday.　　Fed officials decided to hold the benchmark federal funds rate steady in a range of 3.5% to 3.75% at its April policy meeting. Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates. The 8-4 vote marked the first time since October 1992 that four officials dissented against a committee decision.　　Jerome Powell said on Wednesday that he will continue to serve as a Fed governor for an indefinite period even after his chairmanship ends. Kevin Warsh, Trumps nominated successor, appears on track to take over for Powell at the central bank.　　The ECB is widely expected to keep its key interest rates unchanged at its upcoming policy meeting on Thursday due to high uncertainty. Nonetheless, rising inflation, driven by energy price volatility from the Iran war, has raised the expectation of a rate hike in June.　　Goldman

04-30Industry

Sui (SUI) Price Prediction: 89% Correction Completed—Could This Mark the Start of a New Bull Cycle?

Tech　　Sui (SUI) Price Prediction: 89% Correction Completed—Could This Mark the Start of a New Bull Cycle？　　The price of SUI is stabilizing near the $0.90–$0.93 range, drawing renewed attention from traders after an extended correction phase.　　Recent data shows modest intraday fluctuations, but the broader focus has shifted toward whether the sharp 89% drawdown from previous highs has fully reset the market. This evolving setup is now central to the latest Sui price prediction, as market participants weigh early signs of accumulation against lingering bearish pressure.　　SUI Price Analysis: Consolidation Signals a Potential Turning Point　　The latest SUI price analysis reflects a market transitioning from a prolonged downtrend into a consolidation phase. On the 4-hour chart, price action has tightened around the $0.92–$0.93 level, indicating reduced volatility and fading selling pressure.　　SUI has transitioned from a downtrend into a consolidation phase near $0.92–$0.93, indicating fading selling pressure and potential accumulation, with a breakout toward $0.96–$1.00 likely if support holds. Source: @bitgu_ru via X　　Crypto trader @bitgu_ru described the structure as a shift toward accumulation, highlighting what was referred to as a “bullish beauty” support near $0.9158. This level has held consistently, reinforcing the idea that buyers are gradually stepping back into the market.　　At the same time,

04-30Industry

Senator Tillis Backs CLARITY Act Markup After Stablecoin Talks

Tech　　Senator Tillis Backs CLARITY Act Markup After Stablecoin TalksEleanor Terrett reported that Senator Thom Tillis is ready to push the CLARITY Act forward to markup.Tillis said he generally supports Senator Cynthia Lummis approach to software developer concerns.Stablecoin yield text could be released four to five days before markup after stakeholders review it.　　Eleanor Terrett reported on X that Senator Thom Tillis is ready to push the CLARITY Act toward a markup after lawmakers return from recess. Tillis said he would ask the chair to schedule the committee step, adding that negotiators had made progress and that the bill should move before the committee.　　The update adds a fresh Senate signal for a crypto market structure bill that has faced months of delays. However, stablecoin yield language, ethics demands, and software developer protections remain central to the debate as the White House continues to press for passage.　　Tillis Signals Markup Push　　According to Terrett, Tillis made the remarks in a reporter gaggle on Capitol Hill after the Warsh vote. He said, “I‘m going to ask the chair to move forward with scheduling a markup when we get back… I think we’ve made a lot of progress… and its time to get it before the committee

04-30Industry

Arbitrum Price Prediction: Analyst Says the ARB Crypto Rally Is Just the Warm-Up

Crypto　　Arbitrum Price Prediction: Analyst Says the ARB Crypto Rally Is Just the Warm-UpThe ARB price is attempting a recovery after a long downtrend, with key technical levels now being defended.Momentum has improved after reclaiming the 21-day moving average, with pullbacks appearing more like retests than reversals.The structure remains fragile, with $0.098 acting as the key invalidation zone for the current recovery setup.　　The Arbitrum price has been recovering after a pretty rough stretch, and what‘s interesting is how even the small pullbacks haven’t really changed the overall direction.　　Analyst Michaël van de Poppe has been pretty clear that this kind of movement isn‘t unusual in an ongoing trend. In his view, dips of 10–20% don’t automatically mean weakness, they can just be part of how a trend breathes.　　What the ARB price has been doing on the chart　　If you look at the chart shared by Michaël, the ARB price had a tough run for months. It dropped heavily from around $0.44 all the way down to roughly $0.098. That kind of move usually shakes out a lot of traders and leaves the market feeling one-sided for a while.　　But near the bottom, something started to change. The ARB price made a new low, but

04-30Industry

Bitcoin’s August Hard Fork May Dwarf Every Previous Split Combined — Here’s Why

‘s August 2026 eCash hard fork will distribute 1:1 tokens to holders, including Strategy’s 818,334 worth billions.Spot holding over 1 million are bound by prospectus language to handle forked assets in a specific manner.Paul Sztorcs Drivechain-powered eCash chain faces its first institutional stress test, with custodians, boards, and the SEC all watching.　　Massive Fork Looms With Stakes Higher Than Ever Before　　The fork is called eCash, proposed by developer Paul Sztorc and targeted for activation near block 964,000. It is a near-copy of Core using the same SHA-256d mining algorithm with a one-time difficulty reset at launch. Every holder receives a 1:1 of eCash tokens at the chain split.　　Hold 4.19 , receive 4.19 eCash. The chain then activates seven Drivechain-style layer two ( ) via BIP300 and BIP301, designed to support ( ) platforms, privacy features modeled after Zcash, , ( ) infrastructure, identity tools, and quantum-resistant protections.　　The technical proposal is aggressive. The scale of who holds today makes it historic.　　Strategy (Nasdaq: MSTR), formerly Microstrategy, holds 818,334 on its balance sheet as of late April 2026, making it the single largest corporate holder in the world. Public companies collectively hold approximately 1.218 million , according to bitcointreasuries.net. Spot , led by Blackrocks

04-30Industry

US President Donald Trump vows to maintain Iran blockade, rejects Iran Hormuz offer

US President Donald Trump said that the United States (US) will continue its naval blockade of Iran until he secures a deal with Tehran to address the countrys nuclear program, Bloomberg reported on Wednesday.　　Trump further stated that he had rejected a recent proposal from Iran to reopen the Strait of Hormuz, but that would have delayed talks on the nuclear issue until later.　　Iran warned on Wednesday of “unprecedented military action” against continued US blockading of Iran-linked vessels. Trump said Iran cannot have a nuclear weapon, while Tehran stated its nuclear ambitions are peaceful.　　Market reaction　　At the time of writing, the West Texas Intermediate (WTI) is up 7.60% on the day at $104.90.　　WTI Oil FAQs　　WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is considered “The Pipeline Crossroads of the World”. It is a benchmark for the Oil

04-30Industry

Bitcoin sees $176.8B in inflows – But trading volume just hit 3-year low

After five consecutive months of capital outflows between October 2025 and March 2026, Bitcoin staged a strong reversal in April.　　Total inflows reached $176.8 billion during the month, making it the assets most bullish period in recent history.　　Yet, beneath the surface, a divergence has formed. While capital inflows have accelerated, trading activity has weakened, with volume falling to one of its lowest levels in years.　　Historically, such disconnects between price and participation have introduced uncertainty around trend strength.　　Volume drops to three-year low　　According to data from , Bitcoin [BTC] market volume has fallen to its lowest level in nearly three years.　　Spot trading activity has contracted sharply, led by Binance, where volumes declined by more than $25 billion in April alone. Despite the drop, the exchange retains its position as the markets primary liquidity hub.　　Other exchanges have recorded similar declines. saw volumes fall by $13 billion—roughly half of its monthly activity—while posted an estimated $6 billion decline.　　Source: CryptoQuant　　A sustained drop in volume often reflects reduced market participation, suggesting traders are either holding positions or remaining on the sidelines after recent activity.　　Data from shows that spot volume over the past 24 hours stands at $4.73 billion, while the 30-day total has dropped to $141.76 billion,

04-30Industry

Pump.fun is Switching its PUMP Burning Strategy to SOL

Burn Mathematics and Revenue Distribution of SOL-Based Pump.fun　　Pump.fun burned %36 of the circulating PUMP supply in nine months with two Solana transactions from revenue generated by its three core products like bonding curve, PumpSwap, and Terminal. This was recorded as one of the largest single supply reductions in crypto history. Burning involves sending tokens to an address that no one controls, permanently removing them from circulation. In the previous model, every dollar of revenue supported PUMP, but the price traded horizontally below the launch value throughout 2026. Sources like DefiLlama and team shares indicate that lack of trust and uncertainty in the business model triggered this situation. Although the platform has generated nearly a billion dollars in lifetime revenue, it declined from the 971,37 million dollar peak in 2025 to 320 million dollars annually in 2026.　　The strategy change carries the risk that shrinking revenue due to the cyclical nature of memecoin volume could lead to smaller burns. On the other hand, the mathematics of eroding the remaining supply is positive: since half of future revenue is locked into weekly burns, supply pressure against demand will decrease. Rare projects like Pump.fun that generate real cash flow at this scale signal to

04-30Industry

RLUSD Settlement of $59M Cost Less Than a Cent

04-30Industry

...

891893

...

1000