The cryptocurrency market received a significant boost from recent news from the Middle East. Bitcoin climbed above $78,000, while certain altcoins like MemeCore (M) jumped by double digits over the past day. Another Ascent for BTC The performance of the primary cryptocurrency has lately been closely tied to the global geopolitical tension, more specifically, the military conflict between the USA (supported by Israel) and Iran. Several hours ago, the American President Donald Trump revealed that the ceasefire (which was supposed to end soon and be followed by renewed attacks) will be extended until the Iranian officials can come up with “a unified proposal.” The news triggered an evident uptick for BTC, whose valuation soared to roughly $78,500, the highest since the start of February. Currently, it trades at around $78,000 (per TradingView’s data), representing a 2.5% daily increase and a 6% jump over the last week. BTC Price, Source: TradingView Following the latest pump, BTC’s market capitalization has surpassed $1.56 trillion, while its dominance over altcoins remains largely unchanged at around 57.8%. These Alts are the Stars Today The de-escalation news has also been beneficial to the altcoins, many of which have outperformed BTC on a daily scale. The top performer today (April 22) is MemeCore (M), whose price has spiked by 22% and now trades at an all-time high of $4.30. The token is now undoubtedly the second-biggest meme coin, trailing only behind Dogecoin and leaving Shiba Inu far behind. Other altcoins that have posted solid gains over the past 24 hours include RAIN (+11%), PENGU (+7%), XMR (+7%), BCH (+6%), and others. On the opposite end of the chart are DEXE, down 11% foon the day, followed by KAS with a 2% decline and HYPE, which slipped by 1.5%. The total cryptocurrency market capitalization has risen by 1.6% in the last day to around $2.7 trillion. Cryptocurrency Market Overview April 22; Source: QuantifyCrypto The post Bitcoin (BTC) Taps 11-Week High, This Popular Altcoin Soars by 22%: Market Watch appeared first on CryptoPotato .
Crypto Potato 2026-04-22 11:54
Just 24 hours after a massive $108 million shift to Coinbase, another 50 million XRP has left Ripple’s vaults, so the company is not selling its "North Star" anymore?
U.Today 2026-04-22 11:53
Investing.Com Crypto Opinion and Analysis 2026-04-22 11:51
True Market Mean and Short-Term Holder cost basis form a critical $78.2K to $79.2K range that could define the next major move.
CoinDesk 2026-04-22 11:45
Eightco treasury composition as of April 20, 2026: $90M OpenAI equity, $25M Beast Industries equity, 11,068 ETH, 283 million WLD holdings, and $118M cash and equivalents World solves the 'double human' problem in a world proliferating with deep fakes and agentic agents World and Tools For Humanity (TFH) unveil new features at World Lift Off Event, expanding 'Proof of Human' to include Face Auth, Deep Face and Credentials and Concert Kit World announces new implementations of these features with Zoom, Docusign, Tinder, Browserbase, Exa, Okta, and Vercel World also introduces AgentKit, a developer toolkit designed to provide cryptographic proof that an AI agent is operated by a verified, unique human. Eightco offers public market access to the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., April 21, 2026 /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" or "the Company") today provided an update on its total holdings, highlighting its expanding position across digital assets and strategic investments in leading private technology companies. As of April 20, 2026, at 5:00 p.m. ET, ORBS' holdings include a $90 million investment in OpenAI, a $25 million investment in Beast Industries, 283,452,700 Worldcoin (WLD) at $0.27 per WLD (per Coinbase), 11,068 Ethereum (ETH coins), and $118 million in total cash and stablecoins, for total holdings of approximately $336 million. The World Lift Off event took place on April 17th and many products and new features were unveiled. Among the key new announcements: World ID protocol updates New partners : Zoom, Docusign, Tinder, Browserbase, Exa, Okta, and Vercel New features in addition to Proof of Human, Face Auth, Deep Face and Credentials and Concert Kit These bring proof of human to more platforms where people connect, work, and play Expanded use cases: From deepfake protection to bot‑resistant governance The use case and need for World and Proof of Human is rising rapidly in 2026. "More than 50% of all things on the internet are now generated by AI," said Sam Altman, OpenAI Chief Executive Officer and Tools for Humanity co-founder, during the World Lift Off keynote on April 17, 2026. "Preventing 'double human,' is arguably the most central issue faced by the digital economy today," said Thomas "Tom" Lee, Chairman of Bitmine, Head of Research at Fundstrat, and Board Member of Eightco. "By being able to verify the authenticity of our interactions, the world can positively leverage increasingly powerful technologies while maintaining trust." "We can also avoid the most damaging risks from the rising capabilities of agent systems," continued Lee. "After all, one of the primary use cases of digital assets and blockchains was to prevent the problem of 'double spend' and now Proof of Human prevents 'double human.'" Notably, World and TFH also unveiled AgentKit. This developer toolkit is designed to provide cryptographic proof that an AI agent is operated by a verified, unique human. In other words, as the agent economy grows, AgentKit provides a trust layer, by ensuring this agent has been designated by a verified and unique person. Eightco is built around three mega-trends the company expects to shape the next decade of innovation, including: artificial intelligence, digital identity, and the creator economy, with direct positions in each through OpenAI (27% of ORBS balance sheet), Worldcoin (23%), and Beast Industries (7%). Digital Identity — WLD Token Eightco holds over 283 million WLD, approximately 9% of circulating supply, the largest publicly disclosed institutional position, and representing approximately 23% of the Eightco treasury. Bots and automated traffic now account for roughly 58% of global web requests, officially tipping into the majority and climbing fast in 2026 as agents proliferate. With bots outnumbering humans online, proof-of-human is quickly becoming essential infrastructure. Worldcoin is the native token of World , a global Proof of Human network built by Tools for Humanity (co-founded by Sam Altman and Alex Blania) and stewarded by the World Foundation. Its Orb device issues a privacy-preserving World ID that verifies a user is a unique human, not an AI agent. Artificial Intelligence — OpenAI Eightco holds $90 million of OpenAI equity, representing approximately 27% of the treasury assets, one of the highest disclosed OpenAI concentrations of any listed vehicle. ChatGPT, OpenAI's consumer app, has officially claimed the #1 spot in consumer AI, overtaking TikTok, Instagram, and Facebook in monthly worldwide downloads in early 2026 (Sensor Tower), making it the fastest-scaling consumer app of the year. Creator Economy — Beast Industries Eightco holds $18 million of Beast Industries equity with an additional $7 million future commitment, or $25 million total, approximately 7% of the treasury assets. Beast Industries became the first creator-led company to cross a $5.2 billion private valuation, with a 500M+ combined follower base across platforms. As AI commoditizes content creation, distribution and audience trust become scarce assets, Beast Industries commands one of the largest direct-to-consumer reach footprints in the world. About Eightco Holdings Inc. Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded holding company executing a first-of-its-kind Worldcoin (WLD) treasury strategy, offering investors single-ticker exposure to three of the defining trends of this cycle: artificial intelligence through its pre-IPO equity stake in OpenAI , digital identity through its position as the largest public holder of WLD and the Proof-of-Human protocol, and the creator economy through its equity stake in MrBeast's Beast Industries. Backed by leading institutional investors including Bitmine Immersion (NYSE: BMNR), ARK Invest, and Payward/Kraken, Eightco is building the infrastructure layer for human verification in the agentic AI era. For more information: X: @iamhuman_orbs Website: 8co.holdings Frequently Asked Questions What is ORBS stock? Eightco Holdings Inc. (NASDAQ: ORBS) is a publicly traded holding company on Nasdaq. ORBS provides single-ticker exposure to three private-market positions: Worldcoin (WLD), the token of World (a project of Tools for Humanity ); OpenAI ; and Beast Industries . Who owns the most Worldcoin (WLD)? Eightco Holdings (NASDAQ: ORBS) holds over 283 million WLD, approximately 9% of circulating supply and the largest publicly disclosed institutional position. What is Proof-of-Human? Proof of Human is cryptographic verification that a user is a unique, living person, not a bot or AI agent. It is foundational infrastructure for social networks, banking, and any system requiring "one person, one account" in the agentic AI era. How does Eightco (ORBS) relate to Proof of Human? Eightco Holdings (NASDAQ: ORBS) is the largest publicly disclosed institutional holder of Worldcoin (WLD), the token powering World's Proof of Human network, with over 283 million WLD (~9% of circulating supply). Who are investors in Eightco Holdings (ORBS)? Eightco's investors include Bitmine Immersion Technologies (NYSE: BMNR), MOZAYYX, World Foundation, Wedbush, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera, and GSR. Who is the CEO of Eightco Holdings? Kevin O'Donnell is the CEO of Eightco Holdings (NASDAQ: ORBS). The Company's Board includes Tom Lee (Managing Partner and Head of Research at Fundstrat, and Chairman of Bitmine Immersion Technologies (NYSE: BMNR)) and, as an advisor to the Board, Brett Winton (Chief Futurist at ARK Invest). Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking, including, without limitation, statements regarding: expectations regarding the World Lift Off event; the Company's expectations that artificial intelligence, digital identity, and the creator economy will shape the next decade of innovation; beliefs that Proof-of-Human verification is becoming essential infrastructure for social networks, banking, and financial systems in the agentic AI era; the Company's treasury strategy and anticipated benefits of its positions in WLD, OpenAI, and Beast Industries; and statements regarding the Company's future capital commitments and investment plans. Words such as "plans," "expects," "will," "anticipates," "continue," "expand," "advance," "develop" "believes," "guidance," "target," "may," "remain," "project," "outlook," "intend," "estimate," "could," "should," and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management's current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the Company's inability to direct the management or operations of private businesses where the Company is not a controlling stockholder; risk of loss or markdown on the Company's strategic investments, including its positions in WLD, OpenAI equity, and Beast Industries equity; the Company's ability to maintain compliance with the Nasdaq's continued listing requirements; unexpected costs, charges or expenses that reduce the Company's capital resources or otherwise delay capital deployment; inability to raise adequate capital to fund or scale its business operations or strategic investments; volatility in digital asset prices, including WLD and ETH, which could materially affect the value of the Company's treasury holdings; regulatory changes, future legislation and rulemaking negatively impacting digital assets or artificial intelligence adoption; risks related to the development, adoption, and market acceptance of Proof-of-Human technology and the World network; uncertainty regarding the success of the World Lift Off event and its impact on WLD value or adoption; and shifting public and governmental positions on digital assets or artificial intelligence-related industries. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco's actual results to differ from those contained in the forward-looking statements herein, see Eightco's filings with the Securities and Exchange Commission (the "SEC"), including the risk factors and other disclosures in its Annual Report on Form 10-K filed with the SEC on April 15, 2026 and other publicly available SEC filings. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Bitzo 2026-04-22 11:42
This year, we issued over 56 million Form 1099-DAs (tax form required for reporting digital asset transactions) to the IRS, one for every reportable transaction our customers made in 2025. That is what the law requires even though nearly a third of those forms (18.5 million) were for transactions worth less than $1. Over half were for $10 or less. Three out of every four were for less than $50. These forms were not sent to sophisticated traders who made big returns from crypto. The vast majority of the forms are for staking rewards measured in fractions of a cent, small purchases, and routine activity. Every single one generates a form that a real person is now expected to understand, reconcile, and report, or risk an IRS notice. The problem is not the technology. It’s the tax code. What it already costs Americans to file their taxes Before digital assets enter the picture, the tax system already imposes an extraordinary compliance burden. According to the Tax Foundation, individual tax returns alone cost Americans a combined $146 billion in time and out-of-pocket expenses . Additionally, based on IRS estimates and independent filer surveys, the average non-business filer spends about eight hours and between $128 and $300 on a standard return. Nearly one in five Americans say they do not feel prepared to file. For the more than 55 million U.S. adults who now hold digital assets, there is an additional layer. Standard tax software does not handle crypto transactions, so many investors need dedicated crypto tax tools that cost $49 to $599 per year on top of their regular filing costs. A typical active holder can spend $250 to $500 annually just to stay compliant, before counting the hours spent reconciling transactions across exchanges and wallets. But here is where it gets even harder for the average taxpayer. In 2025, brokers like Kraken report gross proceeds but not cost basis . While many taxpayers were reporting crypto taxes using tax calculators or other software, Form 1099-DA just caused taxpayers a lot of confusion as the forms presented only gross proceeds in a way many did not understand. We received thousands of questions from clients trying to understand the Forms 1099-DA, in addition to thousands more inquiries given the difficulties for exchanges to produce these on the timeline laid out by the IRS and Treasury. The scale of the problem: Kraken’s 1099-DA data Here is what Kraken’s own reporting data shows for the 2025 tax year: 53.4% of all forms were for transactions of $10 or less. 74.3% were under $50. Only 8.5% exceeded $600, the threshold that triggers reporting in most other areas of the tax code such as transactions on a payment app like Venmo. The hours taxpayers spend reconciling these micro-transactions, often with incomplete data, generate costs wildly disproportionate to any revenue the IRS will collect from them. The good news is that some in Congress are working to address this. Any tax reform that simplifies life for taxpayers should address these core issues. Fix One: a real de minimis exemption The concept is simple: a de minimis exemption that excludes small, routine digital asset payments from capital gains reporting. Imagine you walk into a Steak ’n Shake and pay for a $7.99 meal with Bitcoin through a payment app. You have triggered a taxable event. You are technically required to look up the cost basis of the specific Bitcoin you spent, calculate whether you had a gain or loss on that fraction of a coin, and report it on Form 8949. All for a hamburger and some tallow fries. The US is an outlier in this respect. The UK, for instance, applies an annual capital gains allowance that effectively exempts small crypto transactions such as this from reporting. A targeted de minimis threshold wouldn’t be novel. It would just catch America up. And while current proposed tax legislation does include a de minimis provision, it only covers payment stablecoins. It does not cover Bitcoin, the most widely held digital asset in America, which is accepted by thousands of U.S. merchants. A meaningful de minimis threshold, indexed to inflation and paired with anti-abuse guardrails, would eliminate millions of unnecessary forms while protecting revenue integrity. Congress has already established the regulatory framework for mainstream digital payments through the GENIUS Act, signed into law in July 2025. The tax code should be agnostic whether you are paying with cash, Bitcoin or stablecoins. Fix Two: end phantom income from staking A large portion of those sub-dollar 1099-DAs are staking rewards: tiny fractions of tokens earned for helping validate blockchain networks. While the current law is unclear, the IRS takes the position that each reward is treated as ordinary income at the moment of receipt, valued at fair market value on that date. Most people do not sell staking rewards immediately. They keep staking. But they now owe taxes on value they have not realized. If the token price drops between receipt and filing, the taxpayer owes tax on more than the asset is currently worth. This is phantom income and it’s a consequence of applying rules written for dividends and wages to a fundamentally different kind of asset. Congress should allow taxpayers to choose when staking rewards are taxed: at the time of receipt (as today) or at the time of sale, when the gain or loss is real and measurable. This would eliminate phantom income, dramatically reduce the volume of micro-transaction reporting, and align staking with how most Americans actually experience it, as something they hold rather than something they spend. Kraken and other exchanges already maintain the transaction level data needed to support either reporting method. The infrastructure exists; Congress simply needs to authorize the choice. A bipartisan moment for taxpayers This is not about helping crypto companies. It is about 55 million Americans, spanning every state, age bracket, and industry, who are navigating a tax system designed before digital assets existed. Congress should act to make taxpayers’ lives easier. Learn more about Policy at Payward The post We issued 56 million tax forms for 2025. Most were under $50. It’s time to fix digital asset taxes. appeared first on Kraken Blog .
Kraken Blog 2026-04-22 11:42
The FOMC decision and Powell’s press conference land on April 29, the same evening that Microsoft, Alphabet, Meta, and Amazon all report. Q1 GDP, March PCE, and the Employment Cost Index follow the next morning. This is a stretch that rewards structured preparation. FOMC rate decision and press conference — April 29 The Federal Open Market Committee concludes its two-day meeting on April 29, with the policy statement due at 2:00 p.m. ET and Chair Powell’s press conference at 2:30 p.m. ET. The current target range sits at 3.50%–3.75%, and futures markets are pricing a hold as the overwhelmingly likely outcome. The decision itself is not the primary focus. What traders are watching is language. April is not a projections meeting; no dot plot, no updated Summary of Economic Projections. Which means every word in the statement carries more interpretive weight than usual. The Fed must communicate in an environment where headline inflation has risen on energy, core PCE remains above target, and Q4 2025 GDP came in at just 0.5%. The question the press conference will attempt to answer is whether the Committee treats the inflation overshoot as temporary or as a reason to hold rates higher for longer into the second half of 2026. If the statement introduces more hawkish language on inflation persistence, rate-sensitive assets including digital currencies may respond accordingly; if the tone is read as keeping later-2026 cuts alive, the reaction may run in the other direction. Historically, non-projections meetings with clear holds have produced moves driven entirely by tone rather than headline decision. Relevant markets on Kraken Pro: BTC/USD , ETH/USD , and all USD-denominated spot and margin pairs . Q1 2026 GDP advance estimate — April 30 The Bureau of Economic Analysis releases its first official read on Q1 2026 US economic growth on Thursday, April 30. This advance estimate is the earliest of three rounds and the one markets respond to most sharply. The context is loaded. Q4 2025 GDP was revised down to just 0.5% on the third estimate, from 1.4% at the advance stage, a significant deterioration that only became clear in retrospect. Q1 sits in a more disrupted environment: oil near $100 through much of the quarter, a reset tariff regime following the IEEPA ruling, and business confidence data that began reflecting Iran-conflict-related headwinds from late February onward. The GDP print arrives simultaneously with PCE and the Employment Cost Index, the morning after the FOMC decision. Traders will be interpreting all three data points through whatever framework Powell’s press conference established the previous afternoon. Historically, macro-sensitive assets including digital currencies have responded to GDP surprises in both directions; the size of any move has varied significantly with the prevailing rate environment. Relevant markets: BTC/USD , ETH/USD , and USD-denominated spot and margin pairs on Kraken Pro . PCE inflation, Personal Income and Outlays (March) — April 30 March Personal Income and Outlays (which contains the PCE price index, the Federal Reserve’s preferred inflation gauge) releases at 8:30 a.m. ET on April 30, simultaneously with the GDP print. Traders absorb growth and inflation data in a single moment. The most recent core PCE reading came in at 2.7%, above the Fed’s 2% target. Two factors make the March reading potentially more difficult: oil prices near $100 passed through to consumer energy costs during the survey period, and tariff-related goods price increases are beginning to reach end consumers. The Fed’s rate path for the rest of 2026 depends substantially on whether core PCE shows renewed upward momentum or holds near the prior reading. If Q1 GDP is weak and core PCE is elevated, the combination tightens the policy constraint; growth is slowing but inflation is not, limiting the Fed’s flexibility to respond to either problem. Historically, rate-sensitive assets have responded to this kind of data combination with elevated volatility. Relevant markets: BTC/USD , ETH/USD , spot and margin pairs on Kraken Pro . Employment Cost Index Q1 2026 — April 30 The Employment Cost Index, also released at 8:30 a.m. ET on April 30, measures the quarterly change in total compensation across all civilian workers. Q4 2025 came in at 0.7% quarterly and 3.4% annually. The ECI is distinct from other wage measures in that it controls for changes in the mix of workers and jobs, making it the Fed’s most reliable read on structural wage pressure. For that reason, the Fed has treated it as one of the most important single data points in assessing whether inflation is re-anchoring or remaining sticky above target. A Q1 print above 0.8% quarterly, arriving alongside a soft GDP and elevated PCE reading, would be the data configuration most likely to delay any Fed rate adjustment through the summer. Traders monitoring rate probabilities for the June meeting should treat the ECI as potentially the most consequential number in a very busy morning. Relevant markets: all rate-sensitive assets on Kraken Pro , including spot and margin pairs . Tesla Q1 2026 earnings — April 22, after close Tesla reports Q1 2026 results tonight. Q1 production came in at 408,386 vehicles and deliveries at 358,023. Street consensus sits at approximately $0.37 EPS on $22.71 billion revenue, though some analyst estimates sit meaningfully below that. The more consequential question on tonight’s call is capital allocation. Media reports have described Tesla in early-stage conversations with suppliers around a large-scale AI compute facility (referred to in reports as “Terafab”) that would represent a substantial expansion beyond Tesla’s existing $20 billion 2026 capex guide. Tesla has not confirmed the scope or timeline of this project in any official filing. If the call includes disclosure on the scale of AI infrastructure ambition, traders will be assessing the balance sheet and cash flow implications alongside an auto division already managing elevated inventory following the Q1 delivery miss. Crypto markets have historically shown correlation with broad technology sentiment during periods of equity volatility. Relevant markets: BTC/USD and ETH/USD as broad risk proxies on Kraken Pro . Deribit Monthly BTC/ETH Options Expiry — April 24 The Deribit monthly BTC and ETH options expiry falls on Friday, April 24, the last Friday of April and the date on which Deribit settles its monthly contracts. This is distinct from the weekly expiry cycle and typically represents a larger volume of open interest resolving simultaneously. Monthly expiries are associated with increased implied volatility in the days preceding settlement, as traders roll or close positions and market makers adjust hedges. This expiry lands ahead of the macro data and earnings cluster from April 29 onward and traders active in BTC and ETH derivatives should factor the positioning dynamics into their planning for what follows. Relevant markets: BTC/USD and ETH/USD spot, margin , and futures on Kraken Pro . Microsoft, Alphabet, Meta, and Amazon Earnings — April 29, after close Four of the world’s largest companies report Q1 2026 earnings on Wednesday evening, the same day as the FOMC decision. Microsoft (Q3 FY26), Alphabet, Meta, and Amazon deliver results after the close, meaning traders process the Fed’s afternoon communication before the earnings hit. The shared narrative across all four is AI capital expenditure and whether it is producing commensurate revenue growth. Microsoft guided Azure constant-currency growth at 37–38% for Q3 following 39% in Q2, against a quarterly capex rate that has risen sharply year-over-year. Alphabet’s 2026 capex guide has been described as approximately double 2025 levels, while Meta disclosed a $115–$135 billion full-year capex plan that was nearly double its 2025 spend. Each management team will face questions about whether AI monetization is accelerating fast enough to justify the investment trajectory. For crypto traders, the macro read-across is risk appetite. Historically, a cluster of confident tech earnings guidance has supported broader risk-on conditions; a cluster of misses or cautious capex commentary has coincided with risk-off moves across equities and digital assets. Past market behavior is not a reliable indicator of future results. Relevant markets: BTC/USD and ETH/USD spot and margin pairs on Kraken Pro . Apple Q2 FY26 Earnings — April 30, after close Apple reports fiscal Q2 2026 results on Thursday evening, the same day as the macro triple-header. The company guided Q2 revenue growth of 13–16%, implying approximately $107.8 billion to $110.7 billion. Q1 was described as a record quarter. The Apple call carries a specific signal beyond the headline numbers: services revenue growth and any commentary on tariff impacts to component supply chains. If Apple reaffirms or upgrades guidance in an environment where consumer confidence is below 100 and oil is elevated, it signals that premium consumer demand is holding despite macro headwinds. If guidance is reduced citing supply chain or demand pressure, the implications extend well beyond Apple. Relevant markets: BTC/USD and ETH/USD as risk sentiment proxies on Kraken Pro . Strategy (MSTR) Q1 2026 Earnings — May 5, after close Strategy reports Q1 2026 earnings on Tuesday, May 5. The company ended 2025 holding approximately 713,502 BTC and has transitioned to fair-value accounting for its digital asset holdings, meaning quarterly Bitcoin price movements flow directly through to reported earnings and book value. The primary signal from the Strategy call is continued accumulation intent and whether the company’s equity issuance program remains active. Any change to the BTC accumulation cadence (or commentary on the fair-value accounting implications) would be notable given the scale of Strategy’s holdings relative to circulating supply. Relevant markets: BTC/USD on Kraken Pro . Also coming up: Conference Board Consumer Confidence for April releases Tuesday, April 28, following a March reading in which inflation expectations rose sharply. Advance Durable Goods for March releases Wednesday, April 29. ISM Manufacturing PMI for April — the first full monthly read under current oil and conflict conditions — releases Friday, May 1. JOLTS March job openings and ISM Services PMI for April both release Tuesday, May 5. Closing context The sequencing here is what makes the next two weeks worth mapping in advance. The FOMC decision and press conference on April 29 will establish the interpretive frame for the GDP, PCE, and ECI data that print the following morning. Apple’s guidance that same Thursday evening closes a 36-hour window in which the growth, inflation, wage, and corporate earnings picture will all update simultaneously. Knowing in advance what scenarios you are watching for (and which Kraken Pro markets are most directly exposed) is what separates reactive trading from deliberate strategy. Explore markets on Kraken Pro This content is for informational purposes only and does not constitute financial advice. Past market behavior is not a reliable indicator of future results. Trading involves risk. The post FOMC decision, GDP, PCE, and Big Tech earnings, all in the next 2 weeks appeared first on Kraken Blog .
Kraken Blog 2026-04-22 11:30
🚨 Sui-based $VOLO protocol lost $3.5 million from three vaults. Attackers targeted vaults holding WBTC, XAUm, and USDC, freezing only $500,000 so far. Continue Reading: Sui-based voLO protocol hacked, $3.5 million lost from vaults The post Sui-based voLO protocol hacked, $3.5 million lost from vaults appeared first on COINTURK NEWS .
CoinTurk News 2026-04-22 11:30
The effects of the KelpDAO attackers go deeper, this time affecting even BTC trading. Some of the funds from the exploit were moved through ThorChain and swapped into BTC. The KelpDAO hack has wider effects on the crypto ecosystem, as the hackers attempt to swap and mix their holdings. The latest move showed the funds moved through ThorChain and were swapped into BTC. The hack brought another $211M in spot buying to BTC, and was one of the factors that sent BTC above $78,000. BTC rallied within hours, launching from its lower range of $75,000. For now, BTC rejected the $78,000 level, but the hackers indicated that the market would react to an inflow of buyers. KelpDAO boosted ThorChain volume ThorChain has been one of the platforms widely used to swap funds in a totally permissionless environment. In previous hacks reported by Cryptopolitan, ThorChain’s team has not cooperated to intercept the funds during bridging or other visible operations. The chain has not even set up a mechanism to intercept funds, as all transactions depend on 95 permissionless nodes. THORChain was modelled after Bitcoin, to be permissionless and censorship resistant. There’s no single person or entity in control of the protocol. There’s no admin key. There’s no 2-of-3 multisig. Currently, there’s 95 nodes spread globally that control the network. For the… pic.twitter.com/Za2Obrh9dO — THORChain (@THORChain) April 21, 2026 During previous incidents, ThorChain has allowed funds to be mixed and disguised, citing its main goal of not interfering. Yet after Web3 hacks accelerated in the past month, all participants reconsidered the need to freeze funds and diminish the losses. The KelpDAO attackers moved funds just three hours after Arbitrum froze around 25% of their haul on the network. One of the identified wallets was used to move and swap ETH, based on Arkham Intelligence tracking . The hacker’s activity boosted ThorChain activity to 10 times its normal daily volume, ending up with 442 BTC moved to 400 addresses. On-chain researchers have pinpointed some of the key addresses with the biggest holdings. The coins can be mixed further or swapped into privacy coins to disguise their origin. ThorChain posted its biggest daily fees after the KelpDAO attackers used the protocol to swap ETH for BTC. | Source: DeFiLlama . Following the attack, ThorChain recorded its highest daily fee volume for the year to date. The network helped the hackers perform on average 146 transactions an hour. KelpDAO attackers moved funds to the Bitcoin chain Additional on-chain research shows the funds from the KelpDAO hack were mixed with proceeds from other incidents, including the BTC Turk and Bybit attacks from 2025. ThorChain also refused to assist with the Bybit hack, though other ecosystem participants were ready to freeze funds where possible. The latest laundering episode shows the TraderTraitor group and other DPRK hackers were an increasing threat to Web3. The ability to launder funds is adding more risk, as hackers have evolved their techniques for faster and untraceable laundering. After using ThorChain, the hackers moved all BTC on the main network, where the coins could be traced, but not frozen. The KelpDAO exploit also affected other networks, creating significant outflows. Ethereum lost 17.73% of its total value locked, 17.68% flowed out of Hyperliquid, Arbitrum lost 13.65% of its liquidity, and Solana saw 6.14% in outflows. The lost funds may have wide repercussions on Web3, due to the composability of DeFi lending and reusing some coins for collateral on other protocols. The final estimate is that the hack led to around 177M in bad debt on Aave. Still letting the bank keep the best part? Watch our free video on being your own bank .
Cryptopolitan 2026-04-22 11:30
Tron founder Justin Sun filed a lawsuit in a California federal court against World Liberty Financial, the Trump-backed decentralized finance ( DeFi) project, alleging his $75 million WLFI token position was frozen without disclosure. Key Takeaways: Justin Sun filed a California federal lawsuit against WLFI on April 22 over $75 million in frozen tokens. Sun
Bitcoin.com 2026-04-22 11:30
Investing.Com Crypto Opinion and Analysis 2026-04-22 11:27
This is it! The bulls have pushed the $BTC price to the top of the bear flag. Either it’s a breakout here, or a rejection back into the midst of the flag. Are we about to ascend into the next bull market, or do the bears have what it takes to drag the price back down again and continue the bear market? Higher high and breakout, or is $BTC topping out? Source: TradingView From the bullish perspective, the $BTC price has made a higher high, falling just short of the top of the bear flag . However, from the bears’ point of view, the price may be topping out here. A light resistance level has been found at around $78,000 and the price has stopped there, at least for the time being. At the bottom of the chart, the Stochastic RSI indicators are nearing the top of their limit. It just remains to be seen whether there is enough in the tank for that one last surge that takes the price on through. If the price does get above, and confirms, the momentum from this breakout could take the price a lot higher. Breakout measured move to $90,000 Source: TradingView The daily chart reveals the sustained break beyond the downtrend line, and also how the $BTC price could be about to leave the bear flag behind - a very bullish thing in itself. The measured move out of the flag, which is taken from the bottom to the top of the channel, would be to around $90,000. As can be seen in the chart, this would take the price to an exact level of resistance. Further down in the chart, the Stochastic RSI indicators in this daily time frame have turned back around, and there is plenty of room for them to continue to signal upside momentum. At the foot of the chart, the RSI indicator can be seen to have come back again to the underside of the downtrend line after a previous rejection . Could it be second time lucky for the bulls? A perfect bullish breakout, or … Source: TradingView The weekly chart tells us a story that looks as though it can go firmly in favour of the bulls. If one looks inside the current bear flag, a W pattern can clearly be seen in the price action. This is somewhat similar, but bigger, than the W pattern that took the $BTC price out of the previous big pattern of the falling wedge. Look what happened when that one broke out of the wedge. The Stochastic RSI indicators are moving towards the top. All would appear perfect for this breakout. Do the bears have a card up their sleeves that could still ruin everything for the bulls? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Crypto Daily 2026-04-22 11:26
Attackers behind KelpDAO breach help lift Bitcoin
