In a groundbreaking endeavor, Mike Novogratz’s Galaxy Digital (GLXY) has thrown its weight behind this $20 million funding round, aimed at revamping the $6 trillion asset-backed finance market, which still behaves like an old man trying to use a smartphone-bless its heart.
The new offerings-EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, and USD/CAD-promise to deliver exposure to the most traded currency pairs without the tiresome necessity of traditional brokers or fiat funding. And, in a stroke of genius, these contracts remain open even on weekends, when the conventional forex markets are presumably napping. How very considerate of them.
We’ve got lower highs trying to cap any upside like a grumpy parent saying, “No dessert until you finish your veggies!” Meanwhile, support zones are lounging around, looking about as lively as a Netflix binge on a Sunday afternoon. Instead of gathering up the courage to buy, it seems like everyone’s just standing around awkwardly, unsure if they should make a move or just scroll through TikTok for another hour.
During a symposium in the glittering oasis of Las Vegas at the Bitcoin 2026 conference, the sagacious Michl remarked, “Its volatility is much higher than other assets.” Ah, the joys of gambling! “One day its price may soar to ethereal heights, or it could simply vanish into the abyss of nothingness. Yes, zero.” How delightfully dramatic!
Meanwhile, the open interest swells, and the market participation stirs-a restless mob, whispering of a strengthening AI narrative and institutional inflows. TAO, poor TAO, stands at the precipice of a decisive moment, its fate hanging by a thread. Will it surge above resistance, a phoenix rising from the ashes of its former glory, or will it collapse under the weight of its own ambition, a cautionary tale of hubris and folly?
Canada is taking direct aim at cryptocurrency ATMs. The federal government unveiled plans in its Spring Economic Update 2026 to ban crypto ATMs nationwide. Officials identified these machines as a key tool scammers use to steal money. Canada holds the highest number of crypto ATMs per capita globally, with nearly 4,000 units operating across the country. The move forms part of a wider push to protect Canadians from growing financial fraud.
“Now, folks,” he started, casting an amused glance over the crowd, “I’m about to discuss an odd couple: a central bank and Bitcoin.” It was as if he’d announced plans to serve pickles at a fine dining restaurant. “Most folks wouldn’t think of these two in the same breath. But I do!” And bless his heart for that!
The lesser-known alts, those poor cousins of the crypto realm, wove their own tales of modest triumph. Ethereum, with the grace of a tipsy nobleman, reclaimed $2,300, while BNB clung to $625 like a miser to his last coin. And Dogecoin-ah, Dogecoin!-surged with the vigor of a man who believes he’s discovered the secret to immortality, though one wonders if it’s merely a case of caffeine-induced delirium.
On April 28, Bitcoin spot ETFs, those gleaming tin-toy rockets of the market, did a sly little wobble and produced net outflows of $89.68 million, a pause after their fireworks of inflow momentum. BlackRock’s IBIT led the parade with $112 million slipping away, as if the grown-ups suddenly decided to reposition their marbles. Ethereum spot … Read more
