Crypto Industry News & Market Trends

Decade-Dormant Ethereum Whale Moves $22.88 Million in ETH to New Wallet

An Ethereum (ETH) ICO participant with the wallet address 0xCD59 has transferred all its ETH holdings to a fresh wallet after 10.8 years of dormancy.　　On-chain analysts noted that the dormant wallet acquired its 10,000 ETH during Ethereums ICO at $0.311 per token.　　Decade-Old Ethereum Whale Returns to Life　　At ETH‘s current price, the whale’s holdings are worth $22.88 million. This marks a 7,381x return on the $3,100 original stake, Lookonchain added.　　While the intent behind the transfer remains unclear and there is no confirmed evidence of a sale, similar movements have historically preceded a range of outcomes. Some early Ethereum ICO participants have opted to liquidate portions of their holdings, while others have chosen to stake or simply reposition assets without selling.　　For instance, last month, address 0xd64A sold 11,552 ETH for $23.42 million at $2,027 per token. That wallet had originally bought 38,800 ETH for $12,000 during the ICO.　　An #Ethereum ICO participant who bought 100K $ETH(costing $31K) sold 4,283 $ETH($18.97M) again recently.　　He has sold 44,284 $ETH($105M) at an average price of $2,378 since 2021, leaving 55,716 $ETH($261.6M).　　The total profit is ~$366.8M, an 11,835x return!… pic.twitter.com/C7xwhHh4Nn　　— Lookonchain (@lookonchain) August 13, 2025　　However, not all early holders choose to sell. In December 2025, a dormant Ethereum

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XRP Price Today: XRP Tests $1.38 Support After Pullback From $1.45

Tech　　XRP Price Today: XRP Tests $1.38 Support After Pullback From $1.45　　XRP remains under pressure after losing momentum near the $1.45 resistance area. The token has slipped lower over the past few sessions, with sellers taking control after the price failed to hold above $1.42.　　XRP is now trading close to $1.39, leaving the $1.38 area as the key short-term level to watch. As long as this support holds, buyers still have a chance to stabilize the move. However, the recent rejection from $1.45 keeps the near-term setup weak.　　XRP Faces Pressure Below $1.42　　XRP began the week near the $1.45 to $1.46 range but failed to extend the move. The price struggled to stay above $1.44, then moved lower and broke below $1.42, which has now turned into the first important resistance level.　　A move back above $1.40 would be the first sign that selling pressure is easing. However, XRP would need to reclaim $1.42 to shift the short-term picture in favor of buyers.　　If that happens, the price could make another attempt toward $1.44 and $1.45. Until then, any rebound may remain limited, especially while sellers continue to defend the upper side of the range.　　XRP/USD ChartXRP/USD chart shows XRP pulling back from the $1.45

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EUR/USD: Fed and ECB hold expectations guide pair – Danske Bank

Finance　　EUR/USD: Fed and ECB hold expectations guide pair – Danske Bank　　Danske Research Team notes that EUR/USD is trading close to 1.17 ahead of the Federal Open Market Committee (FOMC) meeting, where th e Federal Reserve (Fed) is expected to keep rates unchanged and avoid firm forward guidance. They highlight rising euro area inflation expectations and tighter credit standards as important for upcoming European Central Bank (ECB) decisions, while German and Spanish inflation data are seen as key inputs for the Euro (EUR) outlook.　　Fed pause and ECB inflation signals　　“We will receive German and Spain flash inflation numbers today, the most important releases ahead of the euro area print tomorrow. Furthermore, the EU Commissions business confidence indicator is released today where focus is on the selling price expectations. The forward-looking nature of the survey is important for the ECB.”　　“Meanwhile, the ECBs quarterly bank lending survey showed banks tightening credit standards across all loan categories in Q1, driven by higher perceived risks. Further tightening is expected in Q2, which could help cool the euro area economy ahead of anticipated ECB rate hikes this summer.”　　“In the euro area, the ECBs Consumer Expectations Survey for March revealed sharply higher inflation expectations, with median 1Y CPI

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GBP/JPY slides to mid-215.00s as BoE decision limits downside

Finance　　GBP/JPY slides to mid-215.00s as BoE decision limits downside　　The GBP/JPY cross attracts fresh sellers on Wednesday and stalls the previous days goodish bounce from the weekly low, levels just below the 215.00 psychological mark. Spot prices remain depressed near mid-215.00s during the early European session, though the lack of follow-through selling warrants some caution for bearish traders.　　The US Dollar (USD) retains its reserve currency status amid the uncertainty over US-Iran peace talks and exerts some pressure on the British Pound (GBP), which, in turn, is seen weighing on the GBP/JPY cross. The Japanese Yen (JPY), on the other hand, continues with its struggle to attract any meaningful buyers amid economic concerns stemming from Middle East tensions and should limit any meaningful downfall for the currency pair.　　Investors remain worried that Japan‘s economy will come under substantial strain as the risk to energy supplies remains due to continued disruptions to shipping through the Strait of Hormuz. In fact, traffic through the strategic waterway has seen a sharp decline due to Iran’s restrictions on movements and the US naval blockade of Iranian ports. This counters the Bank of Japans (BoJ) hawkish tilt and keeps the JPY bulls on the back foot.　　As was widely

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Robinhood stock crashes 11% in a day as crypto revenue plummets

Crypto　　Robinhood stock crashes 11% in a day as crypto revenue plummets　　Stock of the popular online trading platform Robinhood (NASDAQ: HOOD) declined 2.24% to $82.07 during the April 28 session before collapsing another 9.33% in the after-hours to $74.41 for a total daily crash of more than 11%.　　Robinhood stock price one-day chart. Source: Google　　The bulk of the HOOD equity plummet came as the firm unveiled its latest quarterly earnings report, which showed that the slowdown in the cryptocurrency market helped trigger a substantial revenue and earnings per share (EPS) miss.　　Specifically, while Wall Street was expecting Robinhood to achieve $1.17 billion in sales in the first quarter (Q1) of 2026, the firm actually recorded $1.07 billion for a modest year-over-year (YoY) growth of 15%.　　The situation was similar in terms of EPS, which came in at $0.38 – 3% higher YoY – instead of the anticipated $0.41.　　Cryptocurrencies drag Robinhood earnings down in Q1, 2026　　Simultaneously, while many of the metrics provided in the report showed substantial growth compared to early 2025, cryptocurrency-related revenue collapsed a staggering 47% to just $134 million.　　Q1 of 2026 was a sluggish quarter for digital assets, as, for example, Bitcoin (BTC) declined 22.61% between the start of January and the

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Litecoin (LTC) Price Prediction: Ascending Triangle Formation Near $57 Suggests Imminent Breakout Decision

Tech　　Litecoin (LTC) Price Prediction: Ascending Triangle Formation Near $57 Suggests Imminent Breakout Decision　　The Litecoin price is entering a critical phase as consolidation tightens near key resistance, with traders closely monitoring whether the current structure will resolve into a breakout or breakdown.　　As of late April 2026, LTC price today is hovering around the $55 range, reflecting a prolonged period of sideways movement within the broader $50–$60 band.　　This phase of compression comes after weeks of muted volatility, placing LTC crypto in what analysts often describe as a “decision zone.” The formation of an ascending triangle—a pattern characterized by rising support and flat resistance—has intensified focus on the $56.50–$57 level, which continues to cap upward attempts.　　Ascending Triangle Signals Pressure Build-Up in Litecoin Price Analysis　　Recent Litecoin price analysis highlights a well-defined ascending triangle structure on both the daily and 4-hour charts. Price action has been consistently supported by a rising trendline originating from April lows, while repeated rejections near $56.50–$57 confirm a strong resistance ceiling.　　A bullish technical analysis of Litecoin on the 4H Binance chart, showing price reacting at an ascending support line with overall structure intact. Source: ???????????????????????? ???????????????????????? via X　　One technical observation notes that “price is getting squeezed tighter between the rising

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Litecoin (LTC) Price Prediction: Ascending Triangle Formation Near $57 Suggests Imminent Breakout Decision

Tech　　Litecoin (LTC) Price Prediction: Ascending Triangle Formation Near $57 Suggests Imminent Breakout Decision　　The Litecoin price is entering a critical phase as consolidation tightens near key resistance, with traders closely monitoring whether the current structure will resolve into a breakout or breakdown.　　As of late April 2026, LTC price today is hovering around the $55 range, reflecting a prolonged period of sideways movement within the broader $50–$60 band.　　This phase of compression comes after weeks of muted volatility, placing LTC crypto in what analysts often describe as a “decision zone.” The formation of an ascending triangle—a pattern characterized by rising support and flat resistance—has intensified focus on the $56.50–$57 level, which continues to cap upward attempts.　　Ascending Triangle Signals Pressure Build-Up in Litecoin Price Analysis　　Recent Litecoin price analysis highlights a well-defined ascending triangle structure on both the daily and 4-hour charts. Price action has been consistently supported by a rising trendline originating from April lows, while repeated rejections near $56.50–$57 confirm a strong resistance ceiling.　　A bullish technical analysis of Litecoin on the 4H Binance chart, showing price reacting at an ascending support line with overall structure intact. Source: ???????????????????????? ???????????????????????? via X　　One technical observation notes that “price is getting squeezed tighter between the rising

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US-Iran tensions boost crude prices, lift Sinopec and CNOOC earnings

Tech　　US-Iran tensions boost crude prices, lift Sinopec and CNOOC earnings　　The Polymarket contract for Crude Oil by End of June has moved to 15% YES as the US-Iran conflict drives crude prices higher, with Chinas Sinopec and CNOOC gaining from the rally.　　Market reaction　　The WTI Crude Oil Price April 2026 market, with one day remaining, has odds for hitting $160 sitting at speculative levels, driven more by geopolitical tension than concrete supply disruptions. The contract has recorded no trades in the last 24 hours, and the order book is thin enough that even a moderate order could shift odds substantially.　　Why it matters　　The $90 crude oil contract is pricing in expectations that the Middle East conflict will produce real supply constraints, not just headline risk. At current levels, a YES share offers a high potential payout, but that price reflects the markets judgment that actual supply disruption remains unlikely. The gap between geopolitical noise and physical oil market impact is what traders are betting on.　　What to watch　　OPEC+ production decisions are the most direct catalyst. Any announcement of additional cuts would tighten supply into an already nervous market. Changes in US-Iran relations, whether escalation or de-escalation, would move these contracts quickly. Saudi Arabia‘s and

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Will the Uptrend Continue with the BTC Accumulation Strategy?

Bitcoin　　Will the Uptrend Continue with the BTC Accumulation Strategy？　　Bitwise Chief Investment Officer Matt Hougan predicts that Bitcoin‘s recent rise could continue for quite some time thanks to a special stock issuance in the BTC detailed analysis. The cryptocurrency has recovered about 20% from its February lows and settled at 76.923,70 dollars (+%0,08 in 24 hours). This rally was supported by ETFs making 3.8 billion dollars in purchases since March 1 and long-term holders’ buys; however, Strategy succeeded in being the biggest factor by accumulating 7.2 billion dollars worth of Bitcoin over the last eight weeks.　　How is Strategys BTC Accumulation Supporting the Price？　　Hougan emphasizes that the company accelerated this accumulation with funds obtained by issuing its perpetual preferred share called STRC. The company finances Bitcoin purchases with this instrument while also strengthening market liquidity. STRC is an instrument that trades like a stock but offers a bond-like 11.5% yield. It purchased 3.273 BTC for 255 million dollars last week and increased its total to 818.334 BTC. At current prices, dividend payments appear sustainable for 42 years. According to Hougan, with a 20% annual rise, dividends could be paid forever; reserves exceeding 40 billion dollars provide great security.　　Critical Support and Resistance Levels

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GBP/USD: Range trading expectations – UOB

Finance　　GBP/USD: Range trading expectations – UOB　　UOBs strategists Quek Ser Leang and Lee Sue Ann note GBP/USD failed to extend gains after touching 1.3576, instead dipping to 1.3464 before closing near 1.3520. They see no strong momentum either way and expects intraday trade between 1.3480 and 1.3545, while the broader 1–3 week bias keeps the pair in a 1.3440–1.3580 range.　　Pound-Dollar stuck in band　　“24-HOUR VIEW: GBP rose to 1.3576 two days ago and then quickly retreated. Yesterday, we noted that ”there has been no significant increase in upward momentum, and GBP is unlikely to rise much further.“ We expected GBP to ”trade between 1.3500 and 1.3580.“ We were incorrect as GBP dropped briefly to 1.3464 and then rebounded to close slightly lower at 1.3519 (-0.10%). There is no increase in downward momentum with the brief decline, and the current price movements appear to be part of a range-trading phase. Today, we expect GBP to trade between 1.3480 and 1.3545.”　　“1-3 WEEKS VIEW: In our most recent narrative was from two days ago (27 Apr, spot at 1.3515), we highlighted that the recent price action ”suggests that GBP remains in a range-trading phase, most likely between 1.3440 and 1.3580.“ We continue to hold the

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