Author: CoinBulletinDaily.com

Bitcoin traded at $77,250 at press time, with 24-hour volume at $30.89 billion, per crypto.news data.  Summary Bitcoin must break $79,000 to target the next resistance zone between $86,000 and $88,000. More than 10,000 BTC moved to exchanges last week, raising short-term selling pressure concerns. Analysts remain split as Bitcoin holds an uptrend while May seasonality shows no clear bearish pattern. The asset gained 2% in the past day but remained down slightly over seven days. The price has recovered from earlier weakness and now trades in a short-term uptrend. The chart shows higher lows since mid-March, pointing to steady…

The blockchain boom has accelerated, driving a sharp rise in active networks. DefiLlama now tracks more than 500 chains, highlighting the scale of this growth. While many new chains have launched, only a select few have achieved lasting success. Alchemy lists 64 such chains, each holding a significant market capitalization. Among these chains, some have recorded substantial growth and dominate the market. On the other hand, others have experienced a near collapse in demand, with fewer users despite commanding a large market capitalization.  Chains with high market cap but low active users Despite the blockchain boom, some chains have failed…

TLDR Gemini secured approval from the U.S. Commodity Futures Trading Commission for a derivatives clearinghouse license. The license allows Gemini to clear and settle trades internally without relying on external providers. Gemini aims to expand into the prediction market sector and compete with platforms like Kalshi and Polymarket. The company plans to offer a full trading ecosystem including futures, options, and event-based contracts. Gemini shares increased by about 7% following the announcement of the approval. Gemini secured regulatory approval to expand its trading operations into U.S. derivatives and prediction markets. The move allows the exchange to handle trade clearing internally…

PRESS RELEASE. As the crypto market matures, ViaBTC, a global cryptocurrency mining pool, is bringing sharper focus to blockchain’s role in modern finance. With institutional adoption increasing and speculative narratives cooling, attention is shifting towards real utility, infrastructure, and long-term sustainability. ViaBTC CEO Haipo Yang defines blockchain’s role not as a universal technology layer, but as a financial system designed to enable trustless value transfer without reliance on centralized institutions. “ Blockchain is not just infrastructure or technology. It is a long-running experiment in replacing institutional trust with cryptographic systems,” said Haipo Yang, CEO of ViaBTC. “Decentralisation is the mechanism,…

TLDR Senator Thom Tillis said the Clarity Act is ready to move toward a Senate Banking Committee hearing. Lawmakers resolved several banking industry concerns over stablecoin reward provisions in the draft bill. Tillis urged the committee chair to proceed with a markup in mid-May. The Senate faces a tight legislative calendar with limited weeks before midterm campaign demands. Industry representatives welcomed signs of progress and called for swift committee action. Senator Thom Tillis said the Senate may soon advance the Digital Asset Market Clarity Act toward a committee hearing. He stated that negotiations with banking groups have resolved many disputes…

A video circulating on X this week has led one of the most persistent debates in the XRP community: just how high can the cryptocurrency’s price go? The clip, shared by pseudonymous account XRP Bags, features a woman describing what she calls a divine vision in which the altcoin appeared on her personal trading platform at a price of $25,000.  This is not the first time XRP has been subjected to ultra-bullish price predictions, but most of them have been based on technical analysis and/or the premise of adoption.  A $25,000 XRP Prediction Rooted In A Vision The prediction in…

TLDR Polymarket has asked the CFTC to lift its ban on U.S. traders. The company held recent discussions with CFTC officials about restoring access. The trading restriction followed a 2022 settlement with the regulator. The CFTC must vote before Polymarket can reopen its main exchange to U.S. users. Chairman Michael Selig currently serves as the only sitting commissioner. Polymarket has approached the Commodity Futures Trading Commission to restore access for U.S. traders to its main exchange. Bloomberg reported that company representatives held recent discussions with CFTC officials about lifting the existing ban. The restriction followed a 2022 settlement, and the…

Customers of the troubled digital-asset exchange Zondacrypto may be entitled to financial compensation from the state despite the lack of proper crypto regulation in Poland. Local media highlighted the option in reports that traders have lost access to at least 350 million złoty worth of funds on the platform, which restricted withdrawals amid issues with solvency. Poland launches investigation into Zonda’s crash Polish law enforcement authorities are now looking into the case of Zondacrypto, a major exchange on the local market that stopped processing client transactions amid liquidity issues. Prosecutors unveiled this week they have identified hundreds of potential victims…

TLDR: April 2026 recorded $606M in losses across 12 exploits, surpassing total Q1 losses by 3.7x. Social engineering led the largest breach, with Drift Protocol losing $285M in a 12-minute attack. Kelp DAO hack drained $293M via a bridge flaw, marking 2026’s largest DeFi exploit so far. Cross-chain risks surged as Aave absorbed $177M in bad debt tied to compromised rsETH collateral. Crypto exploits totaling $606 million hit the market across 12 incidents in just 20 days during April 2026. This makes it the worst month since the $1.4 billion Bybit breach in February 2025. The attacks spanned social engineering,…

TLDR New York Attorney General Letitia James has sued Coinbase and Gemini over alleged illegal gambling on their prediction market platforms. The state seeks at least $2.2 billion from Coinbase and $1.2 billion from Gemini in penalties and forfeited profits. James claims the platforms allowed users aged 18 to 21 to place sports-related bets, which violates New York law. Coinbase argues that prediction markets fall under federal oversight by the Commodity Futures Trading Commission. The legal dispute adds to ongoing court battles between the CFTC and several U.S. states over event-based trading platforms. New York Attorney General Letitia James has…