Bitcoin price downside returned to send BTC to one-week lows thanks to renewed concerns over global oil supplies focused on the Strait of Hormuz blockade. Bitcoin (BTC) headed to weekly lows after Tuesday’s Wall Street open as oil-supply woes panicked global markets. Key points: Read more
The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. The 30-day Trade-to-Feed competition marks BitMart's 8th anniversary and the exchange's strategic listing of EAT, the first cause coin. New York, United States, April 28, 2026, Chainwire – BitMart, the global digital asset exchange serving millions of users worldwide, today launched the Trade-to-Feed competition, a 30-day trading competition paying out up to $4.4 million USDT in trader rewards. The campaign marks BitMart's eighth anniversary and the exchange's listing of EAT (WYDE: End Hunger), the first cause coin to list on a major centralized exchange. Cause coins are an emerging asset class engineered so that fees from trading activity flow to charitable grant-making infrastructure alongside trader rewards. By making EAT the inaugural cause coin listing and pairing it with the largest competition in BitMart's history, the exchange is positioning itself ahead of a category...
Bitcoin failed to break $80,000 resistance amid weak onchain fundamentals, but rising spot CVD could support a recovery. Bitcoin (BTC) fell below $76,000 on Tuesday after failing to break $80,000 as uncertainties surrounding the reopening of the Strait of Hormuz and macroeconomic conditions unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on BTC’s ability to sustain the recovery. Key takeaways Read more
Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears. Mike Novogratz’s digital asset company Galaxy Digital posted a $216 million loss in the first quarter of 2026, extending losses from the prior year. Galaxy Digital (GLXY) reported first-quarter earnings Tuesday of a loss of $0.49 per diluted share, compared with a loss of $0.86 in Q1 2025. The earnings came in ahead of expectations, according to MarketBeat analysts, who had expected a loss of $0.59 per share. Gross revenue for the quarter ended March 31 was $10.2 billion, compared with $10.2 billion in Q4 2025 and $12.9 billion in the same period a year earlier. Read more
US Anti-Money Laundering fines hit $900 million in the first half of 2025 as enforcement shifted from securities cases, while Basel rules and mandatory audits reshape crypto compliance, according to CertiK. Anti-Money Laundering enforcement has overtaken securities violations as the leading regulatory threat facing crypto companies, according to CertiK, with the United States Department of Justice and Financial Crimes Enforcement Network imposing $900 million in AML-related fines during the first half of 2025. The shift marks a sharp break from the US Securities and Exchange Commission-led enforcement cycle that defined earlier years of crypto regulation. SEC crypto-specific penalties collapsed 97% in penalty value year over year, dropping from $4.9 billion in 2024 to $142 million in 2025, according to a Tuesday report by blockchain security auditor CertiK. Transaction monitoring and licensing failures are now drawing penalties that rival or exceed many earlier crypto securities cases. The DOJ's February 2025...
Veteran trader Peter Brandt and other analysts question the $250,000 Bitcoin target, warning the current bear phase may not be over. Bitcoin (BTC) is trading roughly 40% below its October 2025 record high near $126,000 despite its ongoing recovery. Still, some of the cryptocurrency's loudest bulls, including billionaire investor Tim Draper and Fundstrat’s co-founder Tom Lee, have not backed down from their $250,000 year-end prediction, a target that would require more than a threefold rally from current levels. Is that realistic, or is Bitcoin’s latest drawdown a warning that the cycle has already peaked? Read more
Crypto projects are shutting down as token funding weakens and fragmented structures leave them with limited options to restructure or recover. A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, projects could extend runway through new issuance or venture support,” Roshan Dharia, a restructuring advisor and CEO of crypto holding company Echo Base, told Cointelegraph. Read more