Crypto News - Key Updates 🚨

🏷 Donald Trump was a "likely" target of last night's shooting at the White House Correspondents' Dinner.— Source

🏷 Strategy has more $BTC than Blackrock's IBIT.— Source

🏷 Evan Tangeman sentenced to 70 months for role in 263 million crypto scam ring.— Source

🏷 Grant Cardone's $BTC has outperformed his real estate projects.— Source

🏷 US Navy seizes Iranian tanker transporting $380,000,000 worth of oil.— Source

🏷 The Ethereum Foundation is unstaking $48M worth of $ETH.— Source

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🪙 Bitcoin rally may not be as strong as it looks.

• Current move is futures-driven while spot demand remains negative, signaling weak real buying

• Historically, bull cycles start only when both spot and futures demand align

• This raises risk of a temporary rally rather than a sustainable trend

🇺🇸 Western Union is making a big move into crypto.

• It plans to launch a Solana-based stablecoin USDPT next month.

• The rollout includes a digital asset network and a US dollar stable card.

• This signals traditional finance moving deeper into blockchain infrastructure.

🇺🇸 Corporate America is restructuring for AI.

• S&P 500 companies cut 400,000 jobs in 2025, the first annual decline since 2016.

• Tech giants like Amazon, Meta, and Microsoft led the layoffs.

• Capital is being redirected aggressively toward AI investment.

Market stress is hitting retail traders hard.

• 36% of traders are cutting daily expenses to stay in the market.

• Around 10% are making major financial sacrifices to hold positions.

• This reflects high conviction but also rising emotional and financial pressure.

Crypto News - Key Updates 🚨

🏷 Western Union to launch Solana based stablecoin USDPT next month as part of broader crypto plan.— Source

🏷 Scallop exploit on sSUI rewards pool loses about 150K SUI protocol resumes and will cover full loss.— Source

🏷 China blocks Meta’s $2B bid for AI firm Manus.— Source

🏷 Iran offers US deal to reopen Strait of Hormuz and end war while delaying nuclear talks.— Source

🏷 Senator Thom Tillis backs Kevin Warsh for Fed Chair after DOJ closes investigation into Jerome Powell.— Source

🏷 Strategy bought 3,273 $BTC for $255M.— Source

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🇺🇸 U.S. equities are on a massive run.

• The market added nearly $8T in value in just one month.

• This reflects aggressive capital inflows and strong risk-on sentiment.

• Such rapid expansion can also raise concerns of overheating.

🪙 Arthur Hayes is betting big on a Bitcoin breakout.

• He says the choppy phase is over and BTC is ready to break out.

• Hayes has set a $125K year-end target, signaling strong bullish conviction.

• This reflects growing confidence among macro traders for upside continuation.

Crypto News - Key Updates 🚨

🏷 Google signs a classified AI deal with the Pentagon, The Information reports.— Source

🏷 UAE says it will leave OPEC and OPEC+ effective May 1, per state news agency.— Source

🏷 Rep Begich plans to revive Bitcoin Act as American Reserves Modernization Act within weeks.— Source

🏷 $4.7T State Street plans to launch tokenized fund servicing from Luxembourg by year-end.— Source

🏷 Trump says Iran is collapsing and wants Strait of Hormuz reopened soon though claim remains unverified.— Source

🏷 Kalshi and Polymarket to offer crypto perpetual futures in the US.— Source

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A legendary Ethereum holder just woke up after a decade.

• An early investor turned $3.1K into $22.88M, a 7,381× return.

• The wallet stayed inactive for 10.8 years, showing extreme long-term conviction.

• Reminds you that life-changing gains come from patience, not trading.

🪙 Bitcoin’s returns are being framed as a new credit benchmark.

• Michael Saylor says 38% annual returns could support higher credit yields than traditional assets

• This challenges gold, real estate, and money markets as capital allocators

• The implication is Bitcoin evolving from asset to collateral layer

$DOGE is seeing aggressive leveraged action.

• Price jumped 10% to $0.11 with $57.3M volume, showing strong momentum

• A whale opened a $4.5M 10× long (41.67M DOGE), the largest on Hyperliquid

• High leverage signals conviction but also raises liquidation risk if momentum flips

Crypto News - Key Updates 🚨

🏷 Kevin Warsh approved by Senate Banking Committee for Fed Chair moves to full Senate vote.— Source

🏷 Bank of Canada leaves interest rate unchanged at 2.25%.— Source

🏷 Visa adds Polygon to its global stablecoin settlement program.— Source

🏷 Ripple and OKX partnered to launch RLUSD on the exchange, supporting over 300 spot pairs and margin collateral.— Source

🏷 Michael Saylor predicted at Bitcoin 2026 that Bitcoin will reach $10 million per coin, creating a $200 trillion global value network.— Source

🏷 Trust Wallet announces Hyperliquid is now live in Trust Wallet.— Source

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🇺🇸 AI concentration is flashing warning signs.

• Market concentration has reached dot-com era levels, indicating crowding.

• Capital is heavily clustered into a few dominant AI names.

• This raises risk of a bubble and sharp correction if sentiment shifts.

Crypto is losing attention on X’s feed algorithms.

• X introduced a “Snooze Topics” feature allowing users to mute categories for 24 hours.

• According to Nikita Bier, crypto is now the most muted topic, followed by politics and the Iran conflict.

• This signals user fatigue and declining engagement with crypto content on social platforms.

Crypto News - Key Updates 🚨

🏷 US economic growth hits 2.0% in Q1, coming in below expectations of 2.2%.— Source

🏷 Crypto is most muted topic on X followed by politics and Iran conflict since snooze feature launch.— Source

🏷 Rakuten Wallet lets users convert points into XRP and spend at over 5 million merchants in Japan.— Source

🏷 World Liberty Financial votes to unlock 62.2 billion WLFI tokens with no market release for at least 2 years.— Source

🏷 Tether Investments proposes merging Strike with Twenty One Capital then combining with Elektron Energy to boost strategy.— Source

🏷 US Treasury Secretary Bessent says the US has seized $450 million in Iranian cryptocurrency.— Source

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🇺🇸 The U.S. is reportedly treating Bitcoin as a strategic asset.

• Defense Secretary Pete Hegseth confirmed classified efforts to secure a Bitcoin advantage over China

• He also stated he is a “long and enthusiastic” supporter of BTC

• This signals Bitcoin moving into the realm of geopolitical competition

🇺🇸 AI is carrying U.S. growth while households weaken.

• Around 75% of Q1 GDP growth came from AI-driven investment

• Personal savings dropped to a 3-year low, signaling consumer strain

• Output grew 2.0% annualized, but growth quality looks imbalanced