Author: driver789

Bitcoin’s (BTC) Coinbase Premium Index has turned negative at -0.008 for the first time in three weeks, signaling a sharp reduction in US spot market demand and aligning with BTC’s current price drop. The signal held across hourly readings through the next 48 hours, showing consistent selling pressure from US-based buyers. The shift comes as the net weekly average of BTC realized losses climbed to $829 million, suggesting reduced investor conviction. Bitcoin Coinbase Premium Index. Source: CryptoQuantCrypto trader Ardi highlighted a break in both trendline support and the $77,300 liquidity zone. The trader linked the move to weakening spot demand, noting…

Robinhood (HOOD) reported a sharp decline in crypto trading revenue for the first quarter of 2026, even as growth in other parts of its business pushed overall revenue higher. Crypto-related revenue fell 47% from a year earlier to $134 million, down from $252 million in the same period of 2025, according to its earnings release.The drop came as customer activity shifted toward other trading products. Transaction-based revenue rose modestly to $623 million from $583 million a year ago. A key driver was a surge in so-called event contracts, which brought in a large share of “other transaction revenue” that climbed…

Crypto infrastructure company Startale Group has selected Sunnyside Labs’ Privacy Boost as the official privacy partner for its Startale App, built for Soneium, a Sony-linked blockchain network. Startale Group said Tuesday that the integration will add self-custodial private transfer features to the app, including shielded balances, private peer-to-peer transfers and privacy-enabled payment flows on Soneium.The move adds a consumer-facing privacy layer to Startale’s Sony-linked Soneium ecosystem as crypto apps try to give users more control over visible onchain activity while preserving compliance mechanisms for operators.Sunnyside Labs co-founder and CEO Taem Park told Cointelegraph that selective auditability means transaction details remain hidden…

Crypto prices have been under pressure recently, and XRP has been hit particularly hard. On Tuesday, the token slid below the key $1.4 level, adding to the broader cautious mood across the market.  Even so, some analysts are pointing to a very different kind of narrative—one grounded in on-chain liquidity data and scenario modeling rather than short-term price forecasts. What The $18,000 XRP Scenario Depends On A researcher highlighted by crypto analyst Bull Winkle has been working with a live valuation tool that pulls real-time metrics directly from the XRP Ledger (XRPL).  The idea behind the tool is straightforward: it…

Solana is advancing a post-quantum security plan as it selects Falcon to secure the network against future threats. Independent developer teams align on Falcon for speed and compact design, and there are no immediate changes as the rollout proceeds in phases to ensure a smooth transition. Solana Aligns on Falcon for Quantum Security Solana relies on high transaction throughput, so any upgrade must remain efficient. Developers selected Falcon because it offers compact signatures and strong security. This combination helps preserve network speed while improving future resilience. Both Anza and Firedancer teams studied multiple post-quantum options. However, they reached the same…

David Marcus, CEO of Lightspark, used a Tuesday morning session at the Bitcoin 2026 Conference to announce Grid Global Accounts, a product he described as a dollar account that works everywhere, backed by a new partnership with Visa that extends spending access across many countries worldwide. Marcus opened by framing the problem at scale. Roughly 400 billion emails travel across the internet each day, and consumers rely on a handful of platforms like Gmail to manage that volume. The global payments system moves 10 billion transactions a day, yet lacks an equivalent universal layer, Marcus said. Marcus said there is…

Ethereum price opened at $2,303.33 on April 28, its lowest morning level in over a week, as renewed concerns over stalled Iran ceasefire negotiations pushed Brent crude back above $104 a barrel and weighed on all major crypto assets heading into the Federal Reserve’s rate decision. Summary Ethereum price opened April 28 at $2,303.33, down 2.8% from Monday’s open of $2,369.84, and continued sliding to $2,278.56 by 7:10 AM ET. The selloff was triggered by stalled US-Iran ceasefire negotiations and rising oil prices, with Brent crude returning above $104 a barrel for the first time in several days. Bitcoin also…

Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that tested new system designs for large-scale mining.Under the new order, Canaan will supply high-density hash board modules designed for immersion-cooled systems, with usage planned at a Tether-linked facility in South America, the crypto mining tech maker announced on Tuesday. Canaan is supplying these systems to deepen its role as a custom hardware provider for large-scale operators such as Tether. The agreement follows a 2025 R&D partnership with ACME Swisstech, which resulted in a proof-of-concept platform to…

The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding burn on Unichain.The plan would convert committed Ether (ETH) into rsETH in tranches and deposit the tokens into the affected bridge lockbox, allowing the bridge to resume normal operations once the backing is restored. LayerZero and Kelp have also implemented additional security measures before the bridge returns to full operation, according to Aave. In parallel, DeFi United plans to clear attacker-linked positions across Aave and…

Sports-focused blockchain Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase (COIN).Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls “omnichain distribution,” according to an announcement on X on Tuesday.”By using an Omnichain Fungible Token (OFT) standard, fan tokens will exist on each supported chain with a unified supply, eliminating the need for wrapped tokens or fragmented liquidity pools,” Chiliz said.Fan tokens are digital assets that represent membership of a community such as a…