Shiba Inu (SHIB), one of the market’s largest memecoins, is still far from its glory days. The token is trading more than 90% below the all-time highs it reached in October 2021. Even with gains of about 5% during April’s price action, the rebound looks limited in the broader context—especially as investors weigh the long-term forces that can either lift a token or keep it pinned. No Fast Scarcity, Bigger Downside A recent Motley Fool report points to several structural factors that have helped shape Shiba Inu’s current performance and could continue to influence where it goes next. One of the biggest issues is the coin’s supply. SHIB’s total supply is roughly 589.5 trillion tokens, with nearly all of that supply already in circulation. While a major portion was removed from circulation in 2021, the remaining amount is still so large that it doesn’t change the overall picture. Related Reading: Hyperliquid Jumps Into The Betting Boom With New ‘Outcome Tokens’ For Real-World Events The report emphasizes that the supply scale makes it difficult to tighten Shiba Inu in a way that would noticeably impact price. To illustrate how challenging meaningful supply reduction would be, the report notes that even if 1 trillion tokens were permanently removed every single day for a full year, hundreds of trillions would remain. In practical terms, that means supply-driven scarcity is unlikely to occur quickly enough to create a major upward re-pricing. At the same time, the report highlights a key downside that works in the opposite direction: there is no comparable built-in mechanism that rapidly reduces supply when demand weakens. Near-Zero Warning For Shiba Inu The report also warns about the risk of a slow, sustained decline. It suggests that as investor attention fades and capital rotates toward other cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), SHIB’s combination of large supply and limited scarcity could make it vulnerable to continued downward pressure. In that scenario, the report goes as far as saying Shiba Inu could drift toward near-zero levels by the end of 2026, not as a sudden collapse, but as the result of prolonged weakness. Beyond supply mechanics, the report also points to SHIB’s ownership and distribution. It argues that the token’s supply is concentrated among a small number of wallets. According to the report, the top 10 wallets hold more than 60% of SHIB’s total supply. Related Reading: US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’ This matters because SHIB’s price, the report suggests, is heavily influenced by trading behavior—who is buying and who is selling at any given time. When large holders control a substantial portion of circulating tokens, their decisions can have an outsized effect. If a few major wallets choose to sell, the added supply can weigh on price. At the same time, the report notes that many of the remaining Shiba Inu holders are small retail investors, who typically have limited capital to absorb large sell orders. The report connects this to a reinforcing cycle. As Shiba Inu prices decline, investor interest often weakens further. That can lead to reduced trading volume and thinner liquidity, which then makes the market more sensitive to selling pressure. At the time of writing, SHIB was trading at $0.0000063, marking a slight increase of 1.8% over the past seven days. Featured image created with OpenArt, chart from TradingView.com
Taiwan is stepping deeper into crypto policy discussions as lawmaker Dr. Ko Ju-Chun presented a proposal to add Bitcoin to the country’s national reserves. The report, backed by the Bitcoin Policy Institute, was delivered directly to Premier Cho Jung-tai and central bank Governor Yang Chin-long during a formal Legislative Yuan session. This move signals a …
The long-running battle over stablecoin yield rules in the Digital Asset Market Structure CLARITY Act has finally reached a turning point, with the final text now public and a compromise in place between banks and the crypto industry. The update, first reported by Punchbowl News, resolves one of the most contentious issues in the bill …
CryptoCred, the prominent trader and educator behind Breakout, has warned that crypto’s old market structure may no longer offer the broad, reflexive upside that defined previous cycles. In a blunt assessment posted on X, Cred argued that participation alone is no longer enough, with market quality, liquidity, correlation and speculative attention all deteriorating at the same time. “Crypto’s current state is a bit shit,” Cred wrote, setting the tone for a critique that went beyond short-term price weakness. His argument was not simply that markets are down or that altcoins have underperformed. It was that the assumptions traders carried from earlier cycles may now be structurally less reliable. Crypto Has A Brutal New Problem At the center of his thesis is the idea that market capitalization has become a poor proxy for quality. Cred argued that much of the top 50 now consists of “ghost coins or bloated governance slop” that has underperformed and is difficult to treat as investable. That matters because previous cycles often allowed traders to use size and liquidity as rough filters for relative safety. In his view, that shortcut has become less useful. Related Reading: CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work? The problem is even sharper further down the risk curve. Cred said the long tail of speculative crypto assets has shifted from a high-risk, high-reward arena into something more predatory and time-sensitive, where holding for too long can mean getting caught by insiders, mercenary liquidity or violent rotations. The result is a market where speculation still exists, but the distribution of risk and reward has changed. “Everything is extremely correlated and you can’t meaningfully make bets based on sectors as it all converges into a tightly correlated mush, especially to the downside,” he wrote. “Broad brush alt season is an artefact of the past that’s very hard to replicate given that there are simply too many coins and the excess of speculation doesn’t really happen on centralised exchanges anymore.” That point cuts directly against one of crypto’s most durable cycle narratives: that capital eventually rotates from Bitcoin into majors, then into mid-caps, then into the speculative long tail. Cred’s argument is that the market has become too fragmented for that rotation to work cleanly. With too many tokens competing for attention and much of the highest-velocity speculation happening away from centralized exchanges, the classic “alt season” wealth effect becomes harder to reproduce. He also pointed to a reputational shift. Crypto, in his view, is no longer the obvious frontier for speculative capital. Institutional demand has moved toward artificial intelligence, while retail appetite has been absorbed by 0DTE options, single-name equities and other high-beta venues. That does not mean crypto has no bid. It means it may no longer monopolize the appetite for asymmetric risk. Related Reading: April’s Crypto Carnage: North Korea Hit Twice And Snagged 76% Of 2026 Hack Value The most important part of Cred’s post may be his claim that convexity has flattened. Even assets once treated as relatively safe crypto beta, including BTC and ETH, have disappointed some of the old cycle expectations, he argued. The familiar logic of buying deep drawdowns because new highs and explosive upside were assumed to follow has become harder to justify if the magnitude and reliability of those rebounds are weakening. “Convexity has flattened,” Cred wrote. “Even a lot of the historically safe blue chip stuff has underperformed and the historical anchor of ‘buy deep drawdowns because all-time highs are guaranteed and explosive’ has disappointed. All the shit we used to put up with because of the accessibly massive trend and momentum effects is now harder to justify because those same effects are getting neutered or siphoned off into other arenas.” Cred acknowledged the obvious counterargument: cycles. Crypto has repeatedly gone through periods where market structure looked broken before liquidity returned and risk appetite revived. But he said the most recent cycle itself supports his concern, because gains were “extremely concentrated” rather than broad-based, and “something very obviously broke after 10/10.” His conclusion was that trading crypto now requires more precision than it did in earlier eras. Timing alone may no longer be enough if the rising tide does not lift the entire market. Selection matters more. So does actual trading skill. “Participation alone can be an edge if the asset class is early enough and/or mispriced enough,” Cred wrote. “I don’t think that holds either, and we might actually have to learn how to trade.” At press time, the total crypto market cap stood at $2.57 trillion. Featured image created with DALL.E, chart from TradingView.com
Dogecoin (DOGE) whale activity just hit a 6-month high after transfers worth $100,000+ rose to 739 in a single day this week. More so, the 149 whale wallets holding at least 100 million DOGE now collectively hold 108.52 billion DOGE. This marks an all-time high for collective whale accumulation, with an estimated worth of $11.80 …
Two US senators introduced the Prediction Market Act of 2026, which would create a more complete regulatory framework for prediction markets and event contracts. The legislation is being presented as a bipartisan effort, sponsored by Republican Senator Dave McCormick and Democratic Senator Kirsten Gillibrand, and it lays out a series of rule changes intended to modernize oversight in the sector. The Prediction Market Act’s Safety Checklist At the core of the bill is an effort to reduce uncertainty by clearly defining key terms. The Prediction Market Act would define what an event contract is, what qualifies as public interest, and other relevant terminology. The goal is to narrow ambiguity in how these markets operate, especially when they relate to matters that could carry higher stakes. Related Reading: Hyperliquid Jumps Into The Betting Boom With New ‘Outcome Tokens’ For Real-World Events The proposal also includes a requirement for additional scrutiny for certain contracts. Under the bill, event contracts involving enumerated activities—including violence—would require individual review, using newly established criteria to determine how the public interest standard should be applied. The bill further aims to strengthen how these markets are offered to the public. It would establish enhanced certification standards for exchanges that list event contracts, along with disclosures designed to be easier for retail customers to understand. Beyond disclosures, the Prediction Market act would require exchanges such as Polymarket and Kalshi to implement additional operational safeguards, including measures related to advertising, and Know-Your-Customer (KYC) requirements, with the intent of improving protections around how they interact with customers funds. Key Institutional Pieces Of The Bill The Prediction Market Act also includes conflict-of-interest rules for public officials. It would prohibit lawmakers and high-ranking government officials from owning event contracts. The act would also establish a Commodity Futures Trading Commission (CFTC) Office of the Retail Advocate to support retail investors’ interests. It would also form an Advisory Council on Consumer Protection, tasked with analyzing potential gaps in safeguards and recommending additional protections for customers. Related Reading: US Rep. Calls Bitcoin A ‘Geopolitical Weapon Used By Multiple Adversaries’ In addition, the act would create an Innovation Advisory Committee to advise the commission on policy questions at the intersection of technology and finance, reflecting the way these markets rely on modern systems. Finally, the Prediction Market Act would require the CFTC to stay on top of changes by studying and reporting back to Congress on developments in these fast-moving markets. The intent, according to the framing of the bill, is to ensure oversight keeps pace with how prediction markets evolve rather than lag behind new practices. Featured image from OpenArt, chart from TradingView.com
Brad Garlinghouse took the stage at XRP Las Vegas for the fourth year running and did not waste time on pleasantries. Over roughly 22 minutes he covered Ripple’s commitment to XRP, the Clarity Act’s shrinking window, the OCC trust charter, a Fed master account ambition, Ripple’s IPO timeline, and a pointed dig at a competitor …
Bitcoin pushed to $78,254 Thursday, up 2.69% in 24 hours and outperforming a broader crypto market that rose 2.08%, as a macro risk-on shift lifted digital assets alongside equities. The recovery comes against a backdrop that remains uncertain. President Trump said Thursday he is “not satisfied” with the latest peace proposal from Iran, delivered through …
TON has significantly reduced its transaction fees after a validator decision, making transfers much cheaper across the network. Basic TON payments now cost a fraction of a cent, while USDT transfers have also dropped sharply, with prices staying stable even during high activity. The change is part of Telegram’s broader plan to build a faster …
Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence. Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement A court order filed by the FTC shows that the Celsius founder is permanently banned from crypto. The order stipulates that Mashinsky is not allowed to advertise, market, promote, offer, distribute, or assist in doing any of these things with respect to products or services used to deposit, exchange, invest, or withdraw assets. Related Reading: Here’s What Happened In The Donald Trump Crypto Meeting With $TRUMP Holders This crypto ban forms part of a $10 million settlement with the FTC. The order included a $4.72 billion monetary judgment against the Celsius founder in favor of the Commission. This sum relates to Mashinsky’s role in the 2022 crash of his crypto lending platform, which left customers unable to access $4.7 billion in deposits. However, this monetary judgment is suspended, and Mashinsky has been ordered to pay $10 million to satisfy this monetary relief. The order also noted that the crypto founder shall be deemed to have satisfied the payment obligation if he pays this amount to the Department of Justice (DOJ) pursuant to the forfeiture order entered in his criminal case. It is worth noting that the Celsius founder is currently serving a 12-year sentence for fraud and market manipulation. The crypto founder had pleaded guilty in 2024 to committing commodities fraud and securities fraud at Celsius and was subsequently sentenced last year. The prosecution revealed that Mashinsky had used customers’ assets to place risky bets and to “line his own pockets.” In addition to his prison term, the Celsius founder was also sentenced to three years of supervised release and ordered to pay a $50,000 fine and forfeit $48 million. Crypto Founder Denied New Trial In Fraud Case Sam Bankman-Fried (SBF), who was convicted for fraud like Mashinsky, has had his request for a new trial denied. According to an ABC report, a federal judge denied SBF’s request for a new trial, rejecting the FTX founder’s claims that there are new witnesses in his case who could give evidence that would clear him of any wrongdoing. Related Reading: Crypto Decentralization Myth Busted: ETH And USDT Freezes Unveil A Shocking Truth The judge described this claim as baseless. SBF is currently serving a 25-year prison sentence for his role in the collapse of defunct crypto exchange FTX. Bankman-Fried was found to have used up to $8 billion in customers’ funds for his personal projects. However, he continues to deny any wrongdoing despite being found guilty, stating that his exchange was always solvent. It is worth noting that SBF was also seeking a pardon from U.S. President Donald Trump, but the White House has revealed that Trump has no plans to pardon him. Featured image from iStock, chart from Tradingview.com
Zcash price action in April reflects a shift in both structure and narrative, as ZEC holds above key technical levels while adoption metrics strengthen. With rising shielded activity, new exchange integrations, and improving liquidity pathways, the current setup suggests a pivotal phase for ZEC price prediction May 2026. Zcash Price Structure Signals Continuation Above Key …
Arbitrum DAO is voting to release 30,766 ETH (around $70M) previously frozen after the KelpDAO hack. The funds were secured by the Security Council and now require community approval to be redeployed. If the proposal passes, the ETH will be sent to DeFi United, a joint recovery initiative working to restore rsETH backing. The vote …
SBI Holdings is in advanced discussions to acquire Bitbank as part of a broader strategy to dominate Japan’s digital asset sector. The deal would involve purchasing shares after due diligence and regulatory approvals, though key terms remain undisclosed. This follows SBI’s recent integration of other crypto platforms, signaling aggressive industry consolidation. Bitbank, which had been …
XRP ETF News dominated April as institutional capital surged into XRP-linked products following regulatory clarity and expanding utility. The convergence of ETF inflows, banking participation, and Ripple’s ecosystem growth positioned XRP at the center of evolving digital asset infrastructure, signaling a notable shift in market structure and sentiment. XRP ETF News: Record April Inflows Driven …
Ripple CTO David Schwartz has weighed in on the ongoing debate around the Clarity Act, offering a grounded take on regulation, strategy, and where the crypto industry goes next. Speaking at XRPLasVegas 2026, Schwartz made it clear that while the Clarity Act may not be perfect, progress matters more than perfection. “I think the strategy …
Pi Network has officially activated Protocol 22 on April 27, 2026, marking a major backend upgrade aimed at boosting scalability and preparing the network for advanced functionality. Built on Stellar Core 22, the update required all node operators to upgrade to version 0.5.4 or face disconnection, making it a critical synchronization step. According to crypto …
Top US officials have increasingly placed Bitcoin (BTC) at the center of national security discussions, and Representative Lance Gooden says the change is more than just political rhetoric. In comments reported Thursday, the Texas Republican argued that the largest cryptocurrency has become a “geopolitical weapon” being used—simultaneously, in his view—by multiple adversaries. Multi-Front Security Use Of Bitcoin Gooden’s remarks follow confirmation from Pentagon leadership. According to reporting by the TFTC agency, Secretary of War Pete Hegseth told him that the Department of Defense is actively involved with Bitcoin in classified operations designed to counter what Hegseth described as “China’s digital authoritarianism.” Gooden quoted Hegseth directly, saying: “I am a long enthusiast of Bitcoin and crypto potential, and a lot of the things we are doing, enabling it or defeating it, are classified efforts that are ongoing inside our department, which do provide us a lot of leverage in a lot of different scenarios.” Related Reading: Hyperliquid Jumps Into The Betting Boom With New ‘Outcome Tokens’ For Real-World Events In recent Senate testimony, Admiral Samuel Paparo—commander of the US Indo-Pacific Command—described Bitcoin as having “incredible potential” as a tool with cybersecurity and wider strategic uses. Paparo told the Senate, “We have a node on the Bitcoin network right now. Bitcoin has direct implications for power projection.” Within that context, Gooden laid out what he sees as a multi-front national security landscape for Bitcoin. He argued that Iran is demanding Bitcoin as a toll for transit through the Strait of Hormuz. BPI Numbers Fuel Gooden’s Claim The Republican also claimed that North Korea-linked hackers are using Bitcoin in ransomware campaigns. And he said China is “believed to be stockpiling substantial holdings as part of its strategic reserve.” Gooden framed his conclusion plainly: “Over the past decade, Bitcoin has evolved from a fringe asset into a matter of national security.” The geopolitical angle is supported by estimates from advocacy and policy groups in the industry. According to the Bitcoin Policy Institute (BPI), China holds approximately 194,000 BTC, while the United States holds approximately 328,000 BTC. Related Reading: A Stealth Force In Derivatives—Why Bitcoin Can’t Punch Past $80,000 Yet For Gooden, those figures underscore the shift he says is underway: Bitcoin is no longer treated as a speculative sideshow in finance committees. Instead, he described the market’s leading cryptocurrency as an instrument that can show up in armed services hearings—as an asset relevant to power projection, economic conflict, and reserve accumulation. As of this writing, BTC is trading at approximately $76,384, marking modest gains of 1% within the last 24 hours after probing the $75,000 support level on Wednesday. The key level to watch for the cryptocurrency is currently around $80,000 — a level that has been elusive for BTC since early February. Featured image from OpenArt, chart from TradingView.com
Brad Garlinghouse used his appearance at XRP Las Vegas to address something that has been circulating in the community for years, questions about whether Ripple is genuinely committed to XRP or quietly moving away from it toward stablecoins and enterprise products. “I always thought it was kind of funny and strange that people questioned Ripple’s …
Bitcoin was trading at $75,900 on Wednesday after the Federal Reserve’s latest rate decision sent a chill through crypto markets, capping three straight days of withdrawals from US spot Bitcoin exchange-traded funds that together erased more than $490 million. Related Reading: Trump’s Bitcoin Reserve Could Be Near As White House Signals Major Update Fidelity And BlackRock Lead The Exodus Fidelity’s FBTC took the heaviest hit, shedding $191 million over the period. BlackRock’s IBIT — the largest spot Bitcoin ETF by assets under management — wasn’t far behind, with close to $167 million flowing out. Ark Invest’s ARKB recorded another $73.3 million in withdrawals. The selling was spread across the week: Monday saw the worst single-day figure at $263 million, followed by $89.7 million on Tuesday, and $137.6 million on Wednesday — the day the Fed announced its decision. The outflows came right on the heels of a strong stretch. According to reports, Bitcoin ETFs had pulled in steady money for nine consecutive days before the streak snapped, with total inflows during that run reaching a little over $2 billion. Last week alone brought in almost $824 million. The reversal was sharp. Fed Holds Firm, Markets Respond The Federal Reserve kept its benchmark rate unchanged at 3.50%–3.75% for the third meeting in a row. Fed Chair Jerome Powell gave no hint of cuts ahead. No softer tone on inflation. No signal of easier financial conditions on the horizon. That message landed hard on risk assets, and Bitcoin felt it quickly. At the same time, rising tensions between the US and Iran added to the unease. Reports indicate that US President Donald Trump warned the Strait of Hormuz could be blocked if Iran does not stand down. Global markets were already on edge, and that kind of geopolitical pressure tends to push investors toward the exits. Meanwhile, fear has returned to the crypto market, with the Crypto Fear and Greed Index falling back into the “Fear” zone as investors grow cautious amid macro uncertainty and continued Bitcoin ETF outflows. What Comes Next For Bitcoin Bitcoin had bounced back from a low near $74,000 earlier in the month, briefly pushing toward $80,000 before this week’s pullback. With ETF outflows continuing, that $75,000 level is again in focus as a potential support test. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst Data shows Bitcoin dropped about 3% following the Fed’s announcement. Some traders still expect a recovery toward the $85,000–$88,000 range in May, though that outlook depends heavily on whether macro conditions hold steady. For now, the momentum that built over nine days of inflows has stalled. The question is whether it restarts — or fades further. Featured image from Pexels, chart from TradingView
A new crypto crime report by TRM Labs paints a stark picture of how North Korean hacking groups have been operating in 2026 so far. Through April, they were responsible for 76% of all losses tied to crypto hacks, but the report emphasizes that this outcome wasn’t driven by a steady stream of attacks. Instead, the massive share of stolen value comes down to just two incidents whose combined haul—about $577 million—far outweighed everything else that year. Two Crypto Hacks, Nearly $600M Stolen The first breach highlighted by TRM Labs took place on April 1: the Drift Protocol hack. The report puts the value stolen at $285 million. The second incident followed on April 18, when the KelpDAO bridge exploit reportedly resulted in $292 million in losses. Related Reading: Hyperliquid Jumps Into The Betting Boom With New ‘Outcome Tokens’ For Real-World Events What’s striking is that these two events account for only about 3% of the total number of crypto incidents in 2026 during that period. Yet together, they represent 76% of the stolen value, underlining a pattern the report says has defined North Korea’s approach across most years since 2017—relatively few attacks, but extremely outsized payouts. The report also charts how North Korea’s share of crypto hack losses has grown over time. It notes that the figure was under 10% in 2020 and 2021, then rose to 22% in 2022, 37% in 2023, 39% in 2024, and 64% in 2025. The 76% figure through April 2026 is described as the highest sustained share on record, suggesting that the pattern seen in recent years is not just continuing, but accelerating. April Sets New Record Of Incidents TRM Labs details how the Drift Protocol hack was carried out, focusing on the time and preparation that preceded the actual drain. The crypto hack involved about three weeks of pre-attack staging. It also included months of social engineering intended to compromise protocol signers. Once the attackers were in position, the full drain reportedly took place in roughly 12 minutes, showing how planning can turn into rapid theft at the moment of execution. Related Reading: A Stealth Force In Derivatives—Why Bitcoin Can’t Punch Past $80,000 Yet The KelpDAO hack, dated April 18, followed a very different technical path. According to TRM Labs’ crypto crime report, the exploit centered on a flaw in a single-verifier design used in a LayerZero bridge. After the breach, the attackers moved quickly into laundering: they routed proceeds through THORChain after more than $75 million was frozen on the Arbitrum blockchain (ARB). The findings align with another data point from the broader crypto ecosystem. DeFiLlama, which tracks activity and incidents in decentralized finance (DeFi), flagged April as the most-hacked month in crypto history by number of incidents. Featured image created with OpenArt, chart from TradingView.com
XRP Las Vegas 2026 opened its doors Thursday, drawing the XRP community together for what has become one of the most anticipated dedicated gatherings in the digital asset calendar. Running April 30 to May 1, the event follows directly on the heels of the Bitcoin 2026 Conference that wrapped up at the Venetian earlier this …
Bitcoin has climbed roughly 30% from its February lows and bulls have been feeling good about it for weeks. The problem, according to one analyst who has held the same macro thesis unchanged for months, is that this is exactly how it felt before the last two major drops. The bigger picture has not changed. …
The KCS price isn’t just drifting it’s kind of dangling. Sitting around $8.39, KuCoin’s native token is now pressed against a level that’s less “support” and more like a “risky line of defense.” Lose it, and things could unravel fast. Because here’s the uncomfortable truth: this isn’t a healthy consolidation. It’s a market thats trying …
Senator Thom Tillis told Fox Business this week that he will push the Senate Banking Committee to schedule a markup for the Clarity Act when lawmakers return from recess on May 11, marking the clearest public commitment yet on timing from one of the bill’s key negotiators. “I’m going to ask the chair to move …
The Chainlink price is moving just enough to keep traders engaged, but not enough to actually commit big. Sitting around $9.10, it’s stuck in a tight range, sandwiched between short-term EMAs and a much bigger ceiling looming overhead. And honestly? It feels like the calm before a forced move. Chainlink price squeezed between key technical …
Canada’s Alberta Investment Management Corporation (AIMCo), a $142 billion sovereign wealth fund, has disclosed a $219 million investment in MicroStrategy by purchasing 1.38 million shares. This marks its first exposure to Bitcoin-linked treasury assets through the company known for holding large Bitcoin reserves. The move highlights growing institutional interest in indirect Bitcoin exposure via public …
An early Shiba Inu investor who bought 103.33 trillion SHIB for just $13,760 has continued to take profits, recently selling another 800 billion tokens worth about $4.9 million. Over time, the wallet has offloaded trillions of SHIB while still holding around 99.27 trillion tokens valued at roughly $625 million. Total realized gains have now crossed …
South Korea’s largest credit card issuer, Shinhan Card, has signed a strategic MOU with the Solana Foundation to test stablecoin payments on Solana’s testnet. The project focuses on real-world customer and merchant transactions to evaluate speed, scalability, security, and user experience. Building on earlier successful trials, the initiative explores instant settlements, lower fees, and non-custodial …
Crypto markets are under pressure today as the Federal Reserve reinforces a “no rush to cut” stance, tightening expectations around liquidity. Despite holding rates steady, the central bank pointed to prolonged restrictive conditions, which historically weighs on high-risk assets like crypto. Bitcoin, Ethereum, and XRP have all moved lower as liquidity expectations tightened and risk …
The Federal Reserve left interest rates unchanged, but the decision itself was almost beside the point. What rattled crypto markets was a single phrase buried in the policy statement that traders and analysts pulled apart within minutes of its release. Gone was the familiar characterisation of inflation as “somewhat elevated.” In its place, the Fed …