Pound Sterling Price News and Forecast: Falls as Fed holds rates steady, Powell to stay at Fed

Finance  Pound Sterling Price News and Forecast: Falls as Fed holds rates steady, Powell to stay at Fed  GBP/USD falls as Fed holds rates steady, Powell to stay at Fed  GBP/USD maintains its negative intraday trend on Wednesday, remaining steady following the Federal Reserve‘s (Fed) decision to keep interest rates unchanged at Jerome Powell’s final meeting as Fed Chair. As of this writing, the currency pair is trading near 1.3480, down 0.30%, as market participants await insights from Powells forthcoming press conference. Read More…  GBP/USD falls as US Dollar gathers strength ahead of Fed interest rate decision  The GBP/USD pair fell toward the 1.3480 price region on Wednesday as the US Dollar (USD) continued to gain strength ahead of the last Federal Reserve (Fed) interest rate decision led by Chair Jerome Powell. The broader strength of the Greenback is also aided by the United Arab Emirates (UAE) exit from OPEC, which is reviving safe-haven demand. Read More…  GBP/USD Price Forecast: Trades sideways around 1.3500 ahead of Fed-BoE rate decisions  The GBP/USD pair is broadly sideways around 1.3500 during the European trading session on Wednesday. The Cable consolidates as investors await monetary policy announcements by the Federal Reserve (Fed) and the Bank of England (BoE). Read More…

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Vitalik’s wallet is programmatically dumping “garbage” memecoins again – on‑chain data shows minute‑by‑minute liquidation

Vitalik Buterin is programmatically dumping unsolicited memecoins again, turning airdropped “spam” into ETH while leaving thinly traded meme markets on edge.Arkham data shows Vitaliks wallet auto‑selling low‑cap memecoins airdropped to him, with minute‑by‑minute swaps into ETH.The pattern echoes past dumps of SHIB‑era memes, CAT and others, reinforcing his stance that unsolicited tokens are spam, not endorsements.Combined with his ongoing ETH disposals to fund public goods, the activity turns his address into structural sell pressure for illiquid meme bets.  On‑chain analytics from Arkham Intelligence indicate that an address attributed to Ethereum co‑founder Vitalik Buterin (0xAb5…) has entered a new phase of high‑frequency selling of assorted memecoins airdropped to his wallet. According to the activity feed, the address is swapping multiple low‑cap meme tokens every minute, with individual transactions typically in the tens to low hundreds of dollars and a continuous inflow of ETH recorded over the same period. The pattern suggests the use of automated scripts to batch‑liquidate unsolicited “junk” airdrops rather than discretionary, one‑off sales.  Market participants are drawing comparisons with earlier episodes. In 2021, Buterin famously sold or donated large allocations of airdropped memecoins such as SHIB, triggering sharp, short‑term price dislocations across several tokens that had tried to co‑opt his

04-30

CoreWeave (CRWV) Stock Rallies 8% Following Analyst Upgrades and Client Diversification Defense

CoreWeave, Inc. Class A Common Stock, CRWV  CoreWeave wasted no time addressing investor apprehension. A company representative clarified that “OpenAI is a terrific partner, but not our only one,” highlighting an extensive customer portfolio featuring Meta, Microsoft, Google, Anthropic, IBM, Perplexity AI, and Jane Street.  The clarification resonated with investors. The market dismissed Tuesday‘s anxieties and drove CRWV shares steadily higher throughout Wednesday’s trading session.  Wall Street Analysts Boost Confidence  Two separate analyst actions provided additional momentum to the stocks recovery. Oppenheimer maintained its Outperform designation while elevating its price objective from $140 to $150. Wells Fargo retained its Overweight stance and increased its target from $125 to $135.  Wells Fargo‘s Michael Turrin emphasized that CoreWeave secured a minimum of $63.9 billion in contractual commitments throughout Q1 2026, encompassing extended agreements with both Perplexity and OpenAI. Turrin also highlighted remaining performance obligations (RPOs) as a potential positive catalyst once investors gain enhanced visibility into the company’s financial position.  Broader market conditions provided little support. The S&P 500 closed unchanged, the Dow Jones declined 0.49%, and the Nasdaq registered a modest 0.13% gain. Wednesdays CRWV rally was entirely driven by company-specific developments.  During Tuesday‘s decline, ARK Investment acquired 162,306 CRWV shares across its ARKK and ARKW exchange-traded funds

04-30

Anthropic Launches Claude Integrations for Creative Tools

Anthropic, the AI firm valued at $380 billion as of February 2026, has unveiled a suite of integrations for its Claude language model designed to enhance creative workflows. These new connectors integrate Claude with industry-standard tools like Adobe Creative Cloud, Blender, Ableton, and Autodesk, promising to streamline processes and extend capabilities for creative professionals.  Announced on April 28, 2026, the release includes partnerships with major players in design, music production, and 3D modeling. By embedding Claude into familiar software, Anthropic aims to reduce repetitive tasks, enhance ideation, and facilitate large-scale creative projects. For instance, Adobe users can now access AI assistance across over 50 tools in the Creative Cloud suite, while Blender users gain a natural-language interface to its Python API, enabling faster debugging and custom script generation.  How Claude Fits Into Creative Workflows  The new integrations focus on addressing common pain points in creative industries, such as steep learning curves, manual data handoffs, and repetitive production work. For example, Claude can serve as an on-demand tutor for complex software, generating detailed explanations or walkthroughs for unfamiliar features. Its ability to write scripts and plugins further enables users to customize tools for specific needs, whether it‘s creating a procedural animation for Autodesk Fusion

04-30

Bitcoin slips to $75k as Fed holds rates, crypto stocks tumble

Bitcoin dropped to lows of $74,958 before stabilizing above $75,000.The decline also coincided with tighter liquidity in traditional equity markets.Crypto stocks fell sharply as short‑term volatility hit risk assets.  Bitcoin price briefly slipped to below $75,000 on Wednesday as the Federal Reserve held interest rates steady, dimming hopes for near‑term rate cuts and triggering a broad‑based sell-off in risk assets.  The move weighed heavily on crypto‑linked equities, with Coinbase, Riot Platforms, and MicroStrategy among the hardest hit.  Bitcoin dips to $75k as Fed holds rates  Bitcoin fell to roughly the $75,000 level, trimming earlier gains after the US central bank opted to keep borrowing costs unchanged, signaling a more cautious stance on monetary easing.  The decision reinforced expectations of a higher‑for‑longer rate environment, prompting investors to pare back exposure to volatile assets tied to speculative growth narratives.  Market data as of writing showed that over the past 24 hours, Bitcoin had logged a modest decline of about 1.4% as it hovered around $75,156.  The combination of elevated yields and geopolitical uncertainty has continued to dampen risk appetite, capping BTC below $80,000.  Bitcoin price chart by CoinMarketCapCrypto stocks tumble amid weak trading signals  The Feds in‑line‑but‑hawkish‑leaning decision spilled into crypto‑related stocks, which had already been under pressure from disappointing revenue

04-30

Polymarket Hit $25.7B in March Volume as Retail Traders Bet on Sports, Politics and Crypto

A study of 1.29M wallets shows users returning more often and trading across more categories, with sports leading at $10.1B and crypto serving as the main onboarding gateway.  Polymarket processed $25.7 billion in trading volume in March, with retail traders driving consistent, repeated activity across an expanding set of real-world markets, according to a new joint report from Bitget Wallet and Polymarket.  The study, based on 1.29 million wallets active in Q1 2026, found that 82.3% of users traded under $10,000, indicating that the platform is overwhelmingly retail-driven. Active days per user rose from 2.5 to 9.9 over the study period, while the average number of categories each user traded expanded from 1.45 to 2.34.  The report frames the shift as behavioral rather than capital-driven, with users returning more frequently and rotating between categories rather than concentrating on one-off events. That tracks with earlier findings from Keyrock and Dune Analytics, which pegged on-chain prediction market monthly volumes as having grown 130-fold since early 2024.  Sports emerged as the largest category on Polymarket in Q1, generating $10.1 billion in volume as the constant cadence of global matches drove recurring engagement. The trend mirrors the broader sports-betting surge that lifted prediction market activity through late 2025

04-30

US Senate Clears Warsh Fed Nomination Before Powell Last Briefing

Kevin Warsh‘s nomination to lead the Federal Reserve has advanced out of the Senate Banking Committee today, moving President Donald Trump’s pick closer to a full Senate confirmation vote.  According to reports, the committee voted 13-11 along party lines, with Republicans supporting Warsh and Democrats opposing him. The vote came hours before Jerome Powell was scheduled to hold what may be his final press conference as Federal Reserve chair.  Warsh, a former Federal Reserve governor, is now expected to face a final vote in the Republican-controlled Senate. The vote could take place during the week of May 11, before Powells term expires on May 15.  Kevin Warsh Nomination Moves to Full Senate  The Senate Banking Committees approval gives Warsh a clear path to the next stage of the confirmation process. All Republican members of the panel voted in favor, while all Democrats voted against the nomination.  The partisan split reflects wider political tension around the Federal Reserve, interest rates, and central bank independence. Sen. Elizabeth Warren, the committee‘s top Democrat, criticized the nomination before the vote and said Warsh’s confirmation would increase White House influence over the Fed.  Republicans backed Warsh as a qualified nominee with prior central bank experience. His nomination had faced uncertainty after

04-30

Bitcoin Adoption Is Consumer Behavior, Not a Tech Issue

Bitcoin  Bitcoin Adoption Is Consumer Behavior, Not a Tech IssueJack Mallers says Bitcoin adoption depends more on consumer habits than technology.Card rewards keep users loyal while merchants absorb high payment processing fees.Bitcoin must become easier and cheaper at checkout to compete with card networks.  CEO Jack Mallers has put consumer habits at the center of the Bitcoin payments debate, arguing that adoption is not blocked by technology. Speaking at Bitcoin 2026, the Strike founder and Twenty One CEO said card networks keep users loyal through rewards funded by merchant fees.  His comments framed Bitcoin adoption as a behavioral challenge between shoppers, merchants, banks, and card companies. Mallers said consumers spend dollars because they lose value over time, while they hold Bitcoin because of its fixed supply.  Card Rewards Put Merchants Under Pressure  Mallers criticized large banks and card networks for charging merchants high payment fees. He said those charges, often ranging from 3% to 5%, help fund consumer rewards such as cashback, flights, and other perks.  The Coin Edition post on X described the issue as “Bitcoin vs card networks.” It said card companies maintain user loyalty through incentives, while merchants absorb the cost of those rewards.  In a similar report, Reuters acknowledged that a U.S. judge

04-30

DeFi absorbs $292 million shock as AAVE-led rescue steadies markets: Standard Chartered

Decentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18 exposed systemic risks, according to investment bank Standard Chartered.  The attack on KelpDAO spilled into AAVE, the largest DeFi lender, after stolen tokens were used as collateral to borrow other assets. The episode sparked a sharp liquidity crunch, with the liquidity protocol seeing deposits fall by roughly 38% and active loans by 31%, in what the bank described as a bank-run dynamic.  Despite the shock, tokenized real-world assets are still expected to reach a $2 trillion market cap by end-2028, driven by continued growth in DeFi lending and stablecoin liquidity, the report said.  “We still project that tokenised real-world assets (RWAs) will reach a market cap of $2 trillion by end-2028, up from $35 billion in October 2025,” wrote Geoff Kendrick, head of digital assets research at Standard Chartered, in the Wednesday report.  Hacks and exploits remain a core risk in crypto, undermining trust in systems built on code rather than intermediaries. Smart contract bugs, phishing and cross-chain bridge flaws can expose large pools of locked assets, where a single weak point can trigger outsized losses.  These risks are amplified by the complexity and interconnected nature of blockchain infrastructure. Cross-chain

04-30

Hong Kong Warns of Fake HSBC Tokens Ahead of Stablecoin Launch

Tech  Hong Kong Warns of Fake HSBC Tokens Ahead of Stablecoin LaunchHong Kongs HKMA warned that fake HSBC and HKDAP tokens are not linked to licensed issuers.HSBC and Anchorpoint confirmed that no regulated stablecoins are currently live.Hong Kongs stablecoin regime faces an early test from token impersonation risks.  Hong Kongs financial regulator has warned the public that fake tokens using the “HSBC” and “HKDAP” tickers are not linked to approved stablecoin issuers. According to an April 28 report, the Hong Kong Monetary Authority (HKMA) acknowledged that neither Anchorpoint Financial Limited nor The Hongkong and Shanghai Banking Corporation Limited had issued any regulated stablecoin.  The alert came before HSBCs planned official stablecoin launch later in 2026. Consequently, the authority urged the public to watch for scams that claim links to approved firms or their planned digital currency products.  The regulator also advised users to rely only on official announcements and regulated channels when acquiring or using stablecoins. The warning reflects early enforcement pressure around Hong Kongs new licensing framework for digital assets.  Fake Tokens Raise Investor Protection Concerns  Per reports, the fake “HSBC” token could confuse retail users who expect the banks official stablecoin to launch later in 2026. Initially, HSBC had said it plans to issue

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