Senate bans members from prediction markets as insider trading scrutiny grows

The US Senate unanimously passed a rule Thursday barring senators and staff from trading on prediction markets, as lawmakers move to limit conflicts of interest in one of the fastest growing corners of financial speculation.  The ban takes effect immediately and targets platforms such as Kalshi and Polymarket, where traders can wager on political, geopolitical, sports, and economic outcomes. The measure follows rising concern that officials with access to sensitive information could use event contracts for personal gain.  The rule comes as prediction markets scale rapidly. Kalshi was valued at $22 billion in a recent funding round, while Polymarket has reportedly been in talks to raise $400 million at a valuation of about $15 billion.  Trading activity has also surged. Reuters estimated Kalshi and Polymarket could handle $96 billion and $84 billion in 2026 trading volume, respectively, showing how quickly the sector has moved from niche betting venue to mainstream market infrastructure.  The Senate vote followed several enforcement flashpoints. On April 22, Kalshi said it suspended and fined one Senate candidate and two House candidates for trading on their own races.  A day later, US Army Special Forces soldier Master Sgt. Gannon Ken Van Dyke was arrested on charges that he used classified information to

05-01Industry

Defillama Confirms April 2026 as Cryptos Most-Hacked Month With 30 Incidents

The remaining 26 or more incidents were mostly below $5 million, and many came in under $1 million. The pattern pointed to a broad attack surface hitting lending pools, vaults, contracts, oracle configurations, and cross-chain bridges simultaneously.  Defillama published a chart on April 30 showing the monthly incident count spiking to its highest level since the platform began tracking. Prior monthly peaks rarely exceeded 12 to 15 incidents. April 2026 averaged close to one attack per day.  Onchain researcher Stacy Muur also shared a running tally on April 29 on X, listing 24 confirmed hacks with losses exceeding $624 million and noting the month still had days remaining. Final figures pushed the incident count higher before the month closed.  April‘s dollar losses rank as the worst since the February 2025 Bybit breach, which totaled approximately $1.4 billion. By incident count, however, April 2026 stands alone. Year-to-date through April, the industry recorded roughly 68 incidents and more than $1 billion stolen, already ahead of 2025’s pace excluding the Bybit event. April alone was 3.7 times larger than all of Q1 2026, which saw approximately $165 million lost across 35 incidents.  Smaller April incidents included Rhea Finance at $18.4 million, Grinex at $15 million, Volo Vault

05-01Industry

Yen Surges After Japan Steps In as Markets Face Pressure

Japans yen intervention lifts the currency, highlighting rising strain across global currency markets.Policy action supports the yen, but strong dollar dynamics limit lasting impact on currency trends.Macro pressure from yields and oil keeps markets cautious despite Japans currency intervention.  Japan intervened in the foreign-exchange market to support the yen, sending the currency up as much as 3% intraday, according to traders and local media. The yen strengthened to 155.57 per dollar, its strongest level since late February, before weakening to around 156.80 in New York trading.  The move followed official warnings against excessive currency volatility. Analyst Crypto Rover wrote on X, “THIS IS VERY BAD FOR MARKETS Japan has intervened to defend the yen.” He added, “Yields are at 27-year highs, oil is at $120, and inflation is rising.”  Yen Intervention Signals Policy Tension  As per Bloomberg, Japans currency chief Atsushi Mimura warned of potential action before the move, saying the timing for “bold steps is nearing.” He also described the warning to traders as the “final advisory if you want to escape.” Authorities remained in contact with U.S. counterparts under Group of Seven guidelines.  Traders linked the yens surge to intervention by the Ministry of Finance. Neil Jones said, “This was an alarm-bell moment,”

05-01Industry

Ethereum Price Prediction Hits $7,500: Standard Chartered Says 2026 Is ETH’s Year, But Pepeto Presale Offers Higher Potential

Ethereum  Ethereum Price Prediction Hits $7,500: Standard Chartered Says 2026 Is ETHs Year, But Pepeto Presale Offers Higher Potential  Ethereum price prediction from Standard Chartered just jumped to $7,500 for year end 2026, a number that caught even the bulls off guard. The banks analyst said this will be the year ETH takes back the market, and the data backs it: Glamsterdam targets a 78% gas fee cut by June, spot ETH ETFs just posted their strongest weekly inflows of 2026, and Citi holds $3,175 near term.  But even with $7,500 on the table, that is still a 3x move from 2,299 over eight months. A presale that keeps gaining attention across the market right now offers a path to returns that ETH at a $277 billion market cap will take years to match, and the numbers explain exactly why.  Standard Chartered Raises Ethereum Price Prediction to $7,500 and Declares 2026 the Year of ETH  Standard Chartered lifted its ethereum price prediction from $4,000 to $7,500, arguing that corporate treasury buyers and rising ETF demand will push ETH higher all year, according to The Block. Over half of all stablecoins run on Ethereum, and stablecoins already make up 40% of total blockchain fees.  ETH at 2,299

05-01Ethereum

TON Technical Analysis Apr 30

TON is moving sideways around $1.32, squeezed between critical support and resistance levels; both upside breakout and downside breakout scenarios appear possible with strong signals. This analysis aims to prepare traders by considering both possibilities equally.  Current Market Situation  TON is currently trading at the $1.32 level and exhibiting a sideways trend in the $1.29-$1.33 range with a slight 0.08% increase over the last 24 hours. Volume remains moderate at $65.98M, RSI at 48.59 in the neutral zone, and MACD giving a bearish signal with a negative histogram. With price remaining below EMA20 ($1.33), a short-term bearish picture dominates; the Supertrend indicator is also bearish, pointing to $1.48 resistance. Key levels include $1.3041 (strong support 95/100), $1.3603 (87/100 resistance), $1.3200 (69/100), and $1.4163 (69/100). Multi-timeframe (MTF) analysis shows 1 support/3 resistances on the 1D chart, with neutral structures in other timeframes. Overall, the market is at a decision point, and the breakout direction will be decisive.  Scenario 1: Bullish ScenarioHow This Scenario Unfolds?  For the bullish scenario, a clear upside break above $1.3603 resistance is required first; if confirmed with a daily close above this level and increasing volume, momentum can build. Look for technical confirmations such as RSI rising above 50, MACD histogram

05-01Industry

DGrid AI Partners Pieverse to Build Web3 AI Agent Infrastructure

DGrid AI, a well-known decentralized AI infrastructure ecosystem, has partnered with Pieverse, a popular Web3 infrastructure entity. The partnership attempts to develop infrastructure for independent AI agents for commerce and finance. As per DGrid AI, the development is set to fortify the intelligence layer to improve agent interaction, on-chain utility, and execution. Hence, the move underscores the growing significance of dependable AI infrastructure to grow the adoption of robust agent-led solutions.  DGrid AI and Pieverse Partner to Expand Web3 Agent Functionalities with LLM  The partnership between DGrid AI and Pieverse focuses on advancing agent capabilities by supporting large language model (LLM) inclusion. Both entities attempt to accelerate Web3 innovation by making independent agents relatively adaptable, responsive, and effective in real-world scenarios. In this respect, Pieverse is strengthening its position as a key network to increase the agentic utilities, with protocols built to bolster commerce and finance via independent AI agents.  Unlike conventional AI apps that primarily deal with conversational tasks or content generation, Pieverses stresses action-oriented agents to execute transfers, engage in different commerce flows, and interact with diverse decentralized systems. In such settings, model access remains insufficient, increasing dependence on seamless integration of intelligence into products. Such a foundation is crucial to

05-01Industry

How US Stock Markets Rewarded Google But Punished Meta After Q1 Earnings

Alphabet (GOOGL) added more than $300 billion in market value on April 30, 2026, lifting its capitalization above $4.5 trillion. Meta Platforms (META) shed roughly $175 billion in the same session despite a stronger top-line beat.  Both companies reported Q1 2026 results after the close on April 29. Investors rewarded Google for visible AI revenue while punishing Meta for its heavier capital-spending guidance.  Alphabet (GOOGL) vs Meta Stock Price Comparison Over the Last Week of April. Source: Google FinanceCloud Revenue Carried the Beat  Google Cloud reported $20 billion in revenue for Q1, up 63% year over year. Backlog climbed to more than $460 billion, nearly doubling sequentially. Enterprise AI demand is running well ahead of supply.  “Google Cloud saw a meaningful acceleration in growth as revenues increased 63% to $20.0 billion, led by an increase in Google Cloud Platform (GCP) across enterprise AI Solutions and enterprise AI Infrastructure, as well as core GCP services,” read an excerpt in the announcement.  Search queries reached an all-time high during the quarter on the back of Gemini integration. Consumer AI subscriptions topped 350 million. Alphabet also raised its dividend by 5%.  Q1 capital expenditure landed at $35.7 billion. The company lifted full-year 2026 capex guidance to $180 billion –

05-01Industry

Jobless Claims Fall Again as U.S. Labor Market Holds Firm

U.S. jobless claims fall, reinforcing labor market strength as Fed policy outlook remains uncertain.Strong jobs data and sticky inflation keep the Fed cautious, reducing the chances of near-term rate cuts.Rising yields and firm labor conditions tighten financial outlook, weighing on risk assets like Bitcoin.  U.S. initial jobless claims fell last week, indicating continued stability in the labor market despite geopolitical tensions. The Labor Department reported 189,000 new claims for the week ending April 25. Continuing claims declined by 23,000 to 1.785 million, suggesting limited layoffs.  Separate data from the Conference Board showed fewer Americans viewed jobs as hard to get in April, while perceptions of job availability remained largely unchanged. Economists say the data is consistent with an unemployment rate that held steady during the month.  Inflation Pressures Complicate Fed Outlook  The Bureau of Economic Analysis reported the PCE price index rose 3.5% year-over-year and 0.7% month-over-month in March. Core PCE increased 3.2% annually and 0.3% on the month, in line with forecasts. Both measures reached their highest levels since late 2023 and remained above the Federal Reserves 2% target.  Oil prices have risen amid tensions in the Middle East, with Brent crude trading above $109 a barrel. Higher energy costs have lifted prices for

05-01Industry

CC Technical Analysis Apr 30

CC is at a critical turning point in a squeezed market environment around 0.15 dollars; although it gives short-term uptrend signals, the bearish histogram in MACD and Supertrend resistance force investors to remain cautious.  Market Outlook and Current Situation  CC appears to be stabilized at the 0.15 dollar level with only a modest 0.07% increase over the last 24 hours. In the daily timeframe, the asset trading in a narrow range of 0.15 – 0.15 dollars continues to attract market attention with a volume of 13.26 million dollars. Although the overall trend is classified as upward, this inactivity may signal horizontal consolidation. The market is holding above the short-term EMA20, exhibiting bullish short-term momentum, but in a broader context, Bitcoin‘s sideways movement and general caution in altcoins limit CC’s breakout potential.  Multi-timeframe (MTF) analysis points to a total of 8 strong level confluences on the 1D, 3D, and 1W charts. In particular, the 1D timeframe highlights 3 support and 5 resistance levels, indicating the asset‘s vulnerability to volatility in the near term. Volume stability reflects sufficient liquidity buildup for a major breakout, but the lack of news flow keeps market participants on hold. You can check our platform for a detailed analysis of

05-01Industry

SOL Price Prediction: $90 Target Within Two Weeks as Oversold Conditions Signal Reversal

SOLs Oversold Setup Builds Case for Reversal  Solana trades at $83.08, caught between exhausted sellers and cautious buyers after its brutal slide from December highs. The current positioning below key moving averages would normally spell trouble, but momentum indicators tell a different story—one where selling pressure has finally run its course.  The RSI reading of 44.65 sits in that sweet spot where oversold conditions are unwinding without triggering overbought alerts. Combined with the MACD histogram flatlining at zero, these signals suggest the relentless selling that crushed SOL from $140+ levels has lost steam. When momentum oscillators align like this near support levels, reversals often follow within days rather than weeks.  SOL‘s position within the Bollinger Bands adds weight to the reversal thesis. Trading at just 0.19 on the %B scale means the token is pressed against the lower band at $81.69—a zone that historically marks capitulation rather than continuation breakdowns. The Stochastic reading of 18.01 reinforces this oversold narrative, creating conditions that rarely persist in tokens with SOL’s trading volume.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full SOL price, calculator & analysis  Market Structure Points Higher  The derivatives landscape reveals a market positioned for upside

05-01Industry
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