Cointelegraph.com
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Cointelegraph.com - 07:16 Apr 27, 2026
About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses. Prediction market platforms’ ability to accurately predict events is driven by a small set of highly informed traders rather than crowd-sourced wisdom, according to researchers from London Business School and Yale University. About 3.5% of these accounts “generate the bulk of price discovery” on prediction markets like Polymarket, according to a paper by Roberto Gomez-Cram, Yunhan Guo, Theis Ingerslev Jensen and Howard Kung, which was revised April 25. “The remaining majority does not produce accuracy; rather, it funds it,” the authors said. Read more -
Cointelegraph.com - 07:00 Apr 27, 2026
The funding follows a $290 million rsETH bridge exploit that disrupted DeFi markets and triggered a coordinated recovery effort. Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH backing after a $290 million bridge exploit triggered widespread disruptions across DeFi. The initiative, led by participants in Aave DAO, aims to support affected users and stabilize rsETH markets, with governance approvals still pending across involved protocols. The funding is intended to provide immediate liquidity while governance processes continue, with an eye on limiting disruption across DeFi protocols. Sharplink, a publicly traded Ethereum treasury company, has joined in an advisory role to help structure the recovery plan. Read more -
Cointelegraph.com - 05:24 Apr 27, 2026
Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward. Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card. “Over the last few months, we've crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we scale,” said Western Union president and CEO Devin McGranahan during the company’s first-quarter earnings call on Friday. “At the foundation of our strategy is USDPT, our US dollar-backed stablecoin. USDPT is now in its final stages of readiness and is expected to go live next month,” he added. Read more -
Cointelegraph.com - 04:20 Apr 27, 2026
More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed. Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders. Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a wallet connected to the $293 million Kelp exploit. In a proposal posted Saturday on the Arbitrum governance forum, Aave Labs said directing those funds to a planned remediation effort would “restore normal conditions for Arbitrum users” and the wider ecosystem and that the Ether on Arbitrum “represents a material contribution” toward restoring the Kelp DAO restaked ETH (rsETH) token. Read more -
Cointelegraph.com - 22:30 Apr 26, 2026
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level. The price of Bitcoin (BTC) could bottom out at the $57,000 level in October 2026, despite rallying by more than 29% since the low of about $60,000 in February, according to Bitcoin investor and author Michael Terpin. Terpin told Cointelegraph that his forecast is based on the “historical average” drawdown of about one year from a market cycle top, which was reached in October 2025 when BTC surged to an all-time high above $126,000, to the cycle bottom. Bitcoin’s price needs to reclaim the $100,000 level for the bull market to resume, which will likely occur when the price falls below the 200-week moving average, a dynamic and critical support level, he said. Terpin added: Read more -
Cointelegraph.com - 20:09 Apr 26, 2026
The biggest Bitcoin treasury company's data shows holdings are profitable, having gained about 3.3% amid Bitcoin's rally to about $78,000. Michael Saylor, the co-founder of Strategy, the largest Bitcoin treasury company, as measured by total BTC holdings, signaled that the company will be boosting those holdings in the coming days. Saylor shared a chart of the company’s Bitcoin purchase history, showing 107 BTC transactions since 2020, which has previously signaled an impending purchase. Less than a week ago, Strategy completed its most recent BTC buy, purchasing 34,164 coins for more than $2.5 billion, bringing its total holdings to 815,061 BTC, valued at about $63.6 billion using spot market prices at the time of publication, according to the company. Read more -
Cointelegraph.com - 18:15 Apr 26, 2026
Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said. Litecoin, a layer-1 proof-of-work (PoW) blockchain network, was hit by a “zero-day” vulnerability on Saturday, which caused a 13-block reorganization of the chain, according to the Litecoin team, while other developers say the bug may have been previously known. The bug caused a denial of service (DoS) attack on mining pools with newly updated software, suppressing their hashing power, according to an update from the Litecoin team. This allowed older nodes to “peg out” coins to decentralized exchanges and cross-chain swap protocols, resulting in invalid transactions being posted to the network’s MimbleWimble Extension Blocks (MWEB) privacy layer, according to the team. Read more -
Cointelegraph.com - 16:30 Apr 26, 2026
US spot Bitcoin ETFs have extended their inflow momentum through late April, XRP set for a 30% price spike: Hodler’s Digest -
Cointelegraph.com - 13:48 Apr 26, 2026
More than a third of US crypto traders report cutting daily expenses and delaying major purchases as unrealized losses weigh on household finances. The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly 75% from its peak. Bitcoin is still about 40% below its October 2025 high, leaving many retail investors sitting on unrealised losses. 36% of respondents said they reduced everyday spending as a direct result of market conditions, with 10% describing those cuts as significant sacrifices made to maintain their positions. 37% also reported delaying or cancelling purchases due to crypto losses, including 21% who postponed major financial commitments such as buying a home, car or undertaking renovations. Read more -
Cointelegraph.com - 11:55 Apr 26, 2026
The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target. The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be returned once the withdrawal queue completes. In Ethereum, unstaking is the process of withdrawing ETH that was previously locked to help secure the network through validators. When ETH is staked, it’s deposited into the Ethereum Beacon Chain, where it remains locked while earning rewards. To unstake, a withdrawal request is initiated, and the funds enter a queue period after which the funds are released. Read more -
Cointelegraph.com - 08:58 Apr 26, 2026
TRUMP memecoin fell nearly 10% in 24 hours despite a Mar-a-Lago investor gala, with the token still down over 96% from its peak. Donald Trump’s official TRUMP memecoin extended its decline on Saturday, even as he hosted a closed-door gathering for top holders of the cryptocurrency at Mar-a-Lago. The token is currently trading at around $2.67, down by nearly 10% over the past day, according to data from CoinMarketCap. It is also down by more than 96% compared to its all-time high of $75.35 registered in early 2025. The downturn comes despite efforts to maintain visibility through high-profile events. The Saturday event brought together 297 of the largest TRUMP investors for what was billed as the “most exclusive” crypto and business conference, with a smaller group of 29 attending a VIP reception and champagne toast, according to The Independent. Read more -
Cointelegraph.com - 22:05 Apr 25, 2026
The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams. Evan Tangeman, a 22-year-old resident of California, was sentenced on Friday to 70 months in prison for his role in a criminal enterprise that stole about $263 million in cryptocurrencies from victims through social engineering scams and burglary. Tangeman pleaded guilty to the charges in December 2025 and admitted to helping members of the criminal organization launder at least $3.5 million in illicit funds, according to the US Department of Justice’s (DOJ) announcement. He also received three years of supervised release in addition to his prison sentence for his role in the scheme, the DOJ said. Read more -
Cointelegraph.com - 19:36 Apr 25, 2026
Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo's Senate testimony on Tuesday sounded like it was written by an "intern." Several members of the Bitcoin community cast doubt on the US government’s understanding of the Bitcoin network after a high-ranking military official told the Senate Armed Services Committee on Tuesday that the US government runs a Bitcoin node. “Our research into Bitcoin is as a computer science tool. It's the combination of cryptography, a blockchain, and a proof of work,” US Navy Admiral Samuel Paparo told the Senate Armed Services Committee. Bitcoin educator and advocate Matthew Kratter said that it sounded like the admiral was reading from the Bitcoin “Wikipedia page,” casting doubt on Paparo and US Senator Tommy Tuberville’s knowledge of the protocol. Kratter added: Read more -
Cointelegraph.com - 14:03 Apr 25, 2026
The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New York, the CFTC argued that federal law gives it exclusive authority over these markets, asking the court for a declaratory judgment and a permanent injunction against New York’s enforcement actions. “CFTC-registered exchanges have faced an onslaught of state lawsuits seeking to limit Americans’ access to event contracts and undermine the CFTC’s sole regulatory jurisdiction over prediction markets,” CFTC Chair Michael Selig said. Read more -
Cointelegraph.com - 12:22 Apr 25, 2026
Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels. Bitcoin (BTC) risked a return to $73,000 as the weekend began after bulls failed to reclaim a key trend line. Key points: Bitcoin price analysis increasingly sees $73,000 getting retested in the short term. Read more -
Cointelegraph.com - 10:51 Apr 25, 2026
Brazil has blocked 27 prediction market platforms, including Kalshi and Polymarket, as new rules classify many contracts as gambling. Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket. The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore operate illegally. “We have been monitoring the evolution of this sector in Brazil, which suffered a period of anarchy because there were no rules, no oversight, from 2018 to 2022,” Finance Ministry executive secretary Dario Durigan reportedly said during a press conference at the Palácio do Planalto. Read more -
Cointelegraph.com - 08:55 Apr 25, 2026
Recent XRP outflow spikes have often come before short-term price rallies, signaling a potential move higher in May if the pattern repeats. XRP (XRP) has rallied more than 30% in the last three months, and fresh technical and on-chain signals suggest the XRP/USD pair may have more upside ahead. Key takeaways: Exchange outflows, positive whale flows and strong ETF demand raise XRP’s bullish outlook. Read more -
Cointelegraph.com - 08:35 Apr 25, 2026
US spot Bitcoin ETFs recorded $2.12 billion in inflows over nine days, signaling growing conviction among investors. US spot Bitcoin exchange-traded funds (ETFs) have extended their inflow momentum through late April, notching a nine-day streak amid growing investor conviction. During the period, which spanned April 14 and April 24, total net inflows reached roughly $2.12 billion, with the strongest single-day performance on April 17, when funds attracted $663.91 million. April 14 and April 22 also posted robust gains of $411.50 million and $335.82 million, respectively. The weakest day came on Friday, with a more modest $14.45 million in net inflows. BlackRock’s IBIT led the day with $22.88 million in inflows. In contrast, Fidelity’s FBTC recorded outflows of $1.69 million, while Bitwise’s BITB and ARK 21Shares’ ARKB saw withdrawals of $8.85 million and $9.02 million, respectively. Other funds, including Grayscale’s GBTC and smaller products, reported largely flat flows. Read more -
Cointelegraph.com - 02:35 Apr 25, 2026
A Hyperliquid whale holds large short positions against Bitcoin and several altcoins. Does the position provide any signal on the markets’ future outcomes? Key takeaways: A whale linked to asset manager Fasanara Capital holds a $38 million crypto short position, but will it impact Bitcoin’s price? Negative futures funding rates at Binance and Bybit point to unusual demand for bearish positioning despite BTC’s recent price gains. Read more -
Cointelegraph.com - 23:16 Apr 24, 2026
The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement. US Treasury Secretary Scott Bessent announced that the department’s Office of Foreign Assets Control (OFAC) Treasury’s Office of Foreign Assets Control sanctioned several wallets tied to Iran, resulting in authorities freezing $344 million in cryptocurrency. In a Friday X post, Bessent said that the move by OFAC was part of the US’ efforts to “systematically degrade Tehran’s ability to generate, move, and repatriate funds.” The US and Israel launched joint airstrikes on Iran in late February. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” said Bessent. Read more
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