Crypto
AI Summary
- The crypto market experienced significant volatility with Bitcoin testing key support levels around $75K, influenced by macroeconomic factors like oil prices and hawkish FOMC statements, while analysts debated its potential to break the $80K resistance.
- Prediction markets, particularly Polymarket, are under increased scrutiny and stepping up surveillance following insider trading accusations and regulatory concerns, prompting the launch of new market integrity tools and leading Gemini to seek similar licenses.
- Institutional adoption continues to be a major theme, with Solana expanding its research arm for Europe, UK regulators clearing a path for tokenized funds, and companies like Anchorage Digital and M0 focusing on regulated stablecoins.
- AI integration is rapidly progressing across the tech landscape, with companies like MARA Holdings pivoting towards AI data centers, while AI developments from Mistral AI and OpenAI spark debate and new security measures.
- Stablecoins are seeing widespread adoption and integration, with Meta rolling out creator payouts in several countries, Spain emerging as a key retail market for EURC, and Visa expanding its stablecoin settlement program to include new networks like Base and Polygon.
Sources
Cointelegraph
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Stablecoins overtake Bitcoin in Latin America crypto purchases — Bitso
2 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsA Bitso report shows shifting user behavior as dollar-linked stablecoins gain traction for everyday financial use across Latin America’s inflation-hit economies.
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Bitcoin’s $75K cost basis emerges as key support zone for current bull trend
4 hours ago
by Cointelegraph by Biraajmaan Tamuly
MarketsBitcoin found support above a key investor cost-basis level as spot BTC ETF flows and spot positioning compressed BTC’s price range in preparation for the next trending move.
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Insider trading backlash forces Polymarket to step up surveillance
4 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsPolymarket has selected Chainalysis to flag suspicious trades as insider betting concerns mount and regulators tighten scrutiny on prediction markets.
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Sentora brings institutional DeFi to the public with the launch of its Smart Yield platform
5 hours ago
by Cointelegraph by Advertorial
Press ReleasesSentora has announced that Sentora Smart Yield is now publicly available, opening access to its DeFi vault discovery and monitoring platform to all users.
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Three reasons why $3K ETH price target is back for May
7 hours ago
by Cointelegraph by Nancy Lubale
MarketsDespite Ether’s 8% deviation from 10-week highs above $2,460, data suggests that ETH's price could still rise toward $3,000 as a new month begins.
CoinDesk
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From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s crypto slump is just a temporary speed bump
3 hours ago
by Helene Braun
Markets, NewsCathie Wood’s Ark Invest snapped up over 500,000 shares of Robinhood on Wednesday, joining a wave of analysts who believe a surge in April trading activity will outweigh a recent earnings disappointment.
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Senator Warren questions Commerce Secretary Lutnick on Tether loan to family
6 hours ago
by Jesse Hamilton
Policy, Tether, White House, NewsSenators Elizabeth Warren and Ron Wyden sent letters to Howard Lutnick and Tether CEO Paulo Ardoino asking about a loan Tether reportedly made to Lutnick's family.
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A Polymarket-linked bet on the weather in France forecasts a major data issue
7 hours ago
by Ruben Hallali
OpinionThe incident shows that as more real-world outcomes become tradable, the real bottleneck is not trading itself, but the integrity and certification of the data used for settlement, argues Hallali.
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Gemini eyes prediction market challenge to Kalshi, Polymarket, secures derivatives license; shares surge
8 hours ago
by Olivier Acuna
Policy, Prediction Markets, Winklevoss, CFTC, Derivatives, NewsTyler and Cameron Winklevoss' crypto exchange now holds licenses allowing it to expand into regulated derivatives and prediction markets, the fastest-growing sectors in crypto.
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Polymarket taps Chainalysis to bring Wall Street-level oversight to crypto prediction markets
8 hours ago
by Helene Braun
Finance, Polymarket, NewsBy partnering with Chainalysis to monitor its blockchain data in real-time, Polymarket is signaling to both users and regulators that it is serious about eliminating insider trading and market manipulation.
Decrypt
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Mistral AI Drops New Open-Source Model. The Internet Is Not Impressed, Except for One Thing
an hour ago
by Jose Antonio Lanz
Artificial IntelligenceMistral Medium 3.5 is the rare Western entry in the open-source top tier, but it costs multiples more than Chinese rivals that beat it on benchmarks.
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Elon Musk Says xAI Used OpenAI Models to Train Grok
2 hours ago
by Jason Nelson
Artificial IntelligenceThe admission in federal court is a rare acknowledgment of the use of distillation techniques as AI firms compete to build more capable and cheaper models.
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Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn
2 hours ago
by Decrypt Agent
MarketsAnalysts warn that the Bitcoin rally was fueled by speculative futures trading, mirroring conditions that preceded the 2022 crypto crash.
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OpenAI Rolls Out Advanced Account Security for ChatGPT Users
3 hours ago
by Jason Nelson
Artificial IntelligenceOpenAI's new opt-in security feature requires passkeys, limits recovery options, and excludes chats from training.
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Ubuntu Linux Is Adding AI Features—Its Users Are Worried
3 hours ago
by Jose Antonio Lanz
Artificial IntelligenceCanonical announced plans to bake AI into Linux's most popular distro. The community that chose Ubuntu specifically to avoid this kind of thing was not thrilled.
AMBCrypto
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Bitcoin in wartime – How 6 days turned the tide for BTC bears
an hour ago
by Akashnath S
Bitcoin, BTC Trading View, Commentary, News, News 1, Social, Trading View, ambcryptoA foreign statesman tweeting trading advice to handle Trump's announcements was not on anybody's watchlist.
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RAVE falls 10% – What’s next as liquidations rise and OI collapses?
2 hours ago
by Kelvin Murithi
Altcoin, News, News 1, Social, Trading ViewLong liquidations rise sharply, and fading Open Interest points to RAVE's continued bearish run.
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Can Ethereum hold $2.2K after WLFI and Genesis sold over 9,900 ETH?
3 hours ago
by Gladys Makena
Altcoin, Ethereum, News, News 1, Social, Trading ViewTrump's World Liberty linked and Genesis Trading moved 9,982 ETH, worth $22.65 million.
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Carrot shuts down weeks after Drift exploit slashed protocol value
4 hours ago
by Adewale Olarinde
DeFi, News, News 1, Social, Trading ViewCarrot is shutting down operations after losses tied to the Drift exploit, marking one of the clearest cases of DeFi contagion in April.
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Did ZetaChain ignore a bug report that could have prevented $334K exploit?
5 hours ago
by Benjamin Njiri
DeFi, Global News, News, News 1, Social, Trading View, ambcryptoDeFi hacks have hit $629 million April, the highest monthly losses in over a year.