Crypto news

On April 28th, the trading platform reported first-quarter earnings and revenue that were lower than expected, largely because fewer people were trading cryptocurrencies. Investors reacted negatively to the news, but Cathie Wood’s Ark Invest viewed it as a buying opportunity, purchasing approximately $39.7 million worth of the company’s stock the following day, demonstrating their belief in its long-term potential. Robinhood is a significant investment for Ark Invest, representing about 3% of their portfolios and ranking as a top holding across all three of their funds.

As a crypto investor, I’ve been watching the dollar closely, and it’s been a pretty significant month. It looks like it’s set for its biggest drop in almost a year. The initial boost it got from the tensions with Iran is fading as people aren’t as worried about a major crisis anymore. Basically, the dollar’s ‘safe haven’ appeal is wearing off, and traders are pulling back from those positions they built up earlier in the year when things felt more uncertain. We’re seeing about a 1.8% decrease in the dollar index for April, wiping out most of the gains it saw from the conflict.

Jerome Powell will continue serving on the Federal Reserve Board even after his term as chairman ends on May 15th. This makes him the first departing Fed chair to remain on the board since 1948. According to CoinGape, Powell announced this at his last press conference as chairman, explaining that recent events led him to feel he needed to stay and oversee them. He intends to take a less visible role once Kevin Warsh joins the board, and will not attempt to exert influence as a former chairman.

Ah, the red zone! That liminal space where months of negotiation-a tedious minuet of market structure and digital asset oversight-culminate in a dramatic clinch. Yet, the bill’s advance is, as ever, shackled by the peculiar exigencies of Republican unity, a chimera as elusive as a Nabokovian protagonist’s happiness. For without this monolithic support, the path to bipartisan markup becomes a quagmire, and the Senate floor remains but a distant, shimmering mirage.

Polymarket is launching a new system to keep its trading platform fair and secure. Built with help from Chainalysis, a blockchain data company, the system will watch for unusual trading activity throughout the entire process – from when trades happen to how they settle. It will specifically look for and prevent things like insider trading and attempts to unfairly influence market prices.

Born in the halcyon days of September past, WLFI ascended with the fervor of a messiah, its price soaring to the heavens at nearly $0.25, its market cap a staggering $6.6 billion. Yet, like a candle flickering in the wind, its flame has dimmed, and now it wallows at a paltry $0.06-a new nadir in its brief, tragic existence. Behold, the folly of man’s hubris!

Crypto protocol hacks resulted in losses of roughly $629.69 million in April 2026, based on the data collected by DefiLlama, making it the most destructive month in terms of hack activity in the industry’s history.

Bitcoin, meanwhile, was having its own little meltdown, hovering around $76,000 by late Wednesday in New York, down from $77,000 earlier. That’s a 40% nosedive from its October 2025 high of $126,000. Ouch. Someone call the crypto ambulance!

insider trading, in addition to all types of fraud and market manipulation, is not welcome on Polymarket, and those who attempt it will be identified,” thus presenting the platform as a trial case for what “market integrity can look like in an on-chain world.”

In the ledger of modern finance, Anchorage Digital, the U.S.’s first federally chartered crypto bank, has tapped M0 as its core technology provider, a move meant to turn the custodian into a primary engine for institutions to mint and manage regulated stablecoins.