Author: James Wilson

The dollar index is heading for its biggest monthly drop since June 2025 as U.S.–Iran ceasefire hopes unwind the war premium, even while oil and Fed bets keep it range‑bound. Summary The dollar index is heading for its steepest monthly drop since June 2025 as traders unwind safe‑haven positions following a U.S.–Iran ceasefire agreement. Jinshi News reports the index fell about 1.8% in April, though a late rebound driven by higher oil prices and shifting Federal Reserve expectations has pared some losses. Manulife portfolio manager Nathan Tuft expects the greenback to decline from here but remain “range‑bound” as markets balance…

Meta has begun paying select creators in USDC stablecoin on Solana and Polygon via Stripe, marking Facebook’s first crypto payout program four years after the company shut down its Libra project under regulatory pressure. Summary Meta USDC creator payouts launched April 29 for select creators in Colombia and the Philippines, with eligible users able to link a MetaMask, Phantom, or Binance wallet and receive earnings in Circle’s USDC directly. Stripe handles the backend and provides tax reporting for the transactions. Meta emphasized it is not issuing its own stablecoin and is using Circle’s existing USDC, which has a market cap…

Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. Summary White House NEC Director Kevin Hassett warned that Jerome Powell’s reappointment to the Fed Board could sway the timing and depth of interest rate cuts. The Fed has held its benchmark rate at 3.5%-3.75% in Powell’s final meetings as chair, with markets split over how quickly incoming leadership will ease policy. Crypto traders now see Fed personnel politics as a key variable for Bitcoin, Ethereum, and broader digital asset liquidity. White House National…

BingX marks eight years with its INFIN8 campaign, tying AI tools, TradFi access and gamified rewards into a more intelligent, user-driven trading ecosystem. Summary BingX has evolved from an accessibility-focused exchange to a 40 million–user, AI-native trading ecosystem spanning crypto, derivatives, copy trading and TradFi instruments. Its INFIN8 anniversary campaign runs April 27 to June 2, using racing-themed milestones, trading competitions and social tasks to distribute USDT rewards and a multi-hundred‑thousand‑USDT prize pool. BingX leans on AI tools, upgraded VIP structures and high-profile partnerships with Chelsea FC and Scuderia Ferrari HP to frame its next phase around experience, scale and…

MegaETH’s MEGA token went live on Thursday after the Ethereum scaling project completed a seven-day launch countdown.  Summary MegaETH launched MEGA after 10 ecosystem apps met the first KPI target. MEGA’s token model ties 53.3% of supply to performance-based rewards. USDM supply rose above $300 million during the MEGA token launch period. The token started trading on major exchanges after the network met its first ecosystem milestone. MegaETH confirmed the launch in a post on X, saying, “MEGA — Now Trading.” The team said all tokens would be distributed to users by 7 a.m. ET. The token generation event started…

Ethereum price fell 5% to nearly $2,200 on Thursday, as the asset remains in a downtrend for the fourth straight day. Now, a confirmed breakdown below a key ascending trendline positions it for more downside in the coming sessions. Summary Ethereum price drops 5% to near $2,200, extending losses for a fourth straight day after rejection at $2,400. Ethereum has broken below a key ascending trendline support, signaling a shift in momentum toward bears and increased downside risk. Bearish indicators have strengthened, with Aroon Down at 92.86% and a MACD crossover, pointing to potential decline toward $2,000. According to data…

Bitcoin is trading near $76,000 as whale activity on Binance raises fresh caution.  Summary Binance’s Bitcoin Exchange Whale Ratio 100-day SMA reached a record high of 0.494. Bitcoin traded near $76,000, below the short-term holder realized price near $79,300. Analysts warn a rejection near $80,000 could send BTC back toward the $65,000 zone. CryptoQuant analyst CryptoOnchain said Binance’s 100-day Bitcoin Exchange Whale Ratio has reached a record high. CryptoOnchain said the 100-day simple moving average of Bitcoin’s Exchange Whale Ratio on Binance hit 0.494. The reading marks an all-time high for the metric. The Exchange Whale Ratio tracks the top…

XRP has seen a sharp rise in bullish social sentiment after Rakuten Wallet launched new XRP features in Japan.  Summary Rakuten Wallet now lets users convert loyalty points into XRP and trade the asset. XRP can be used for QR payments across more than 5 million Japanese merchants. Santiment said XRP hit its second-highest bullish social sentiment in two years. The update allows users to convert Rakuten loyalty points into XRP and use the asset for payments. Rakuten Wallet has launched XRP spot trading and payment features for users in Japan. The update allows customers to convert Rakuten loyalty points…

Twenty One Capital shares rose after hours after Tether backed a proposed merger with Strike and Elektron Energy.  Summary Twenty One Capital shares gained after hours after Tether backed a three-way Bitcoin merger plan. Strike would add payments and financial services, while Elektron would bring Bitcoin mining infrastructure. Tether said the deal could move Twenty One beyond Bitcoin treasury exposure alone. The plan could move the Bitcoin-buying company beyond treasury holdings and into payments, mining, and financial services. Tether said it intends to vote in favor of merging Twenty One Capital with Strike. The combined company would then merge with…

U.S. Senator Thom Tillis is trying to haul the long‑stalled CLARITY Act into a Senate Banking markup that would simultaneously settle Washington’s stablecoin‑yield fight and advance Cynthia Lummis‑backed protections for non‑custodial crypto developers. Summary Senator Thom Tillis wants the Clarity Act moved into Senate Banking’s markup stage after the May recess. Tillis says there is “significant consensus” on the bill and promises to release stablecoin yield text 4–5 days before a hearing. He also backs Senator Cynthia Lummis’ framework on limiting the use of 1960-era criminal laws against software developers. U.S. Senator Thom Tillis is pushing to move the long-debated…