Cointelegraph.com
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Cointelegraph.com - 21:13 Apr 27, 2026
Crypto ATM operators and businesses hosting the machines have until July 1 to be in compliance with the new law or risk potential fines and prison time. Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to 11 months and 29 days in prison and a $2,500 fine. Source: Tennessee General Assembly Read more -
Cointelegraph.com - 19:59 Apr 27, 2026
Bitcoin fails to top $80,000 as analysts debate whether BTC has truly changed its trend or remains in the grasp of the bears. Key points: Bitcoin (BTC) attempted to rise above $79,500, but the bears held their ground. BTC investor and author Michael Terpin told Cointelegraph that BTC risks falling to $57,000 in October 2026, based on a study of the “historical average” drawdown of about 1 year from a market-cycle top. Terpin added that BTC will have to rise above $100,000 for the bull market to resume. Another negative view came from Bitcoin analyst Matthew Hyland, who said in a post on X that the “larger expected consensus outcome for BTC is another leg lower by October.” Veteran trader Peter Brandt also opined in an X post that BTC may form “an investable low” in September or October. Read more -
Cointelegraph.com - 18:56 Apr 27, 2026
The crypto treasury company continues to buy Ether and earn staking rewards, even as price swings leave billions in unrealized losses on its balance sheet. BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks. The company said Monday it purchased an additional 101,901 Ether last week, bringing its total holdings to roughly 5.08 million ETH. Its combined crypto and cash reserves now stand at about $13.3 billion. Read more -
Cointelegraph.com - 18:41 Apr 27, 2026
The European Commission made its move in response to Russia's increasing reliance on crypto transactions to circumvent sanctions amid the country's war on Ukraine. The European Commission announced a package of crypto-related sanctions against Russia in response to the country’s military actions against Ukraine. In a Thursday notice, the commission said the sanctions targeted Russia’s energy and financial sectors, including a “total sectorial ban on carrying out exchanges with any Russian crypto asset service provider as well as any decentralised platforms enabling crypto trading” that could be used to circumvent the measures. The EC, composed of 27 member states in the European Union, also prohibited the use of stablecoins pegged to the Russian ruble and the central bank digital currency (CBDC) under development by the Central Bank of Russia. Read more -
Cointelegraph.com - 18:35 Apr 27, 2026
Bitcoin bulls struggled to maintain gains as the bull market support band became a key reclaim level to flip the BTC price trend. Bitcoin (BTC) fell more than 2% on Monday as US-Iran war nerves again guided macro markets. Key points: Data from TradingView showed BTC/USD hitting local lows of $76,567 on Bitstamp, giving back earlier gains. Read more -
Cointelegraph.com - 17:15 Apr 27, 2026
As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time. IREN could become the next major Bitcoin miner to transition into AI infrastructure following its multi-billion-dollar deal with Microsoft, underscoring a broader shift in mining economics, according to a new research report from Bernstein. The Bernstein analysts point to IREN’s rapidly expanding AI cloud division, where around 150,000 GPUs are already contracted, supporting an estimated $3.7 billion in annual revenue run rate once fully functional. A significant portion of this capacity is tied to a long-term agreement with Microsoft, which has committed to using GPU capacity for AI workloads over five years. The deal also includes substantial customer prepayments, helping fund the infrastructure buildout. Read more -
Cointelegraph.com - 14:05 Apr 27, 2026
Michael Saylor’s Strategy bought 3,273 Bitcoin for $255 million between April 20 and 26, bringing total holdings to 818,334 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more Bitcoin last week as BTC traded above $77,000. Strategy acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $77,906 per coin, raising Strategy’s cost basis to $75,537. Read more -
Cointelegraph.com - 13:55 Apr 27, 2026
The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst. A proposal to stitch Ethereum’s fragmented liquidity together extends beyond its own ecosystem and may bring other blockchains into the fold. On March 29, Gnosis, a long-time Ethereum builder and blockchain infrastructure company, unveiled that it is developing the Ethereum Economic Zone (EEZ) with Zisk, a zero-knowledge virtual machine project. The EEZ is aimed at linking layer-2 rollups more tightly to Ethereum layer 1, with Ether remaining as the gas token and settlement layer. It introduces a model where smart contracts can interact across mainnet and EEZ rollups with atomic execution. Read more -
Cointelegraph.com - 13:49 Apr 27, 2026
A new Blockchain for Europe report says MiCA has made euro stablecoins safer but less competitive, and urges targeted reforms to reserves and remuneration. A new report released Monday from industry group Blockchain for Europe argues that the European Union’s flagship crypto laws, the Markets in Crypto-Assets Regulation (MiCA) framework, have produced euro-denominated stablecoins that are ultra-safe but commercially weak, leaving the bloc far behind US dollar-pegged tokens in digital payments and trading. The report cites DeFiLlama data that euro stablecoins account for less than 1% of global stablecoin volume despite the euro’s much larger role in global markets, and argues that MiCA has pushed them onto the “downward-sloping” part of a regulatory "Laffer" curve, where stricter rules reduce the activity they are meant to govern. Drafted by European Central Bank official Ulrich Bindseil and Blockchain for Europe’s Erwin Voloder, the report focuses on MiCA’s rules for euro electronic money tokens, or EMTs, whi... -
Cointelegraph.com - 12:11 Apr 27, 2026
Bitcoin price action sealed its first weekly candle close above a 21-week moving average trend line since it traded near $115,000 in October 2025. Bitcoin (BTC) counts down the final days of April with a fresh attack on $80,000 as price teases key breakouts. Bitcoin sees its first weekly close above a key trend line since October 2025. Liquidity grabs ramp up as traders eye a potential support retest closer to $70,000. Read more -
Cointelegraph.com - 11:59 Apr 27, 2026
ETH's price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart. Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: Read more -
Cointelegraph.com - 11:32 Apr 27, 2026
Kbank partnered with Ripple to test blockchain-based overseas remittances as South Korean companies prepare for new stablecoin and digital asset rules. South Korean internet-only bank Kbank has signed a strategic partnership with blockchain payments company Ripple to test blockchain-based overseas remittances. According to local media outlets like News1, The Korea Herald and Maeil Business, Kbank CEO Choi Woo-hyung and Fiona Murray, Ripple’s Asia-Pacific managing director, signed the agreement at Kbank’s Seoul headquarters. The bank said the partnership will use Ripple’s global network and blockchain infrastructure to test whether overseas remittances can be made faster, cheaper and more transparent. The companies are already conducting a phased technical verification. The first phase reportedly tested a separate app-based remittance structure, while the second phase is digitally linking customer accounts and internal systems to test remittance stability. It includes onchain transfers to countries such as th... -
Cointelegraph.com - 11:15 Apr 27, 2026
Banking Circle's stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium. Luxembourg-based Banking Circle has launched stablecoin settlement services after receiving a Crypto Asset Service Provider (CASP) license from Luxembourg's financial regulator on April 15, expanding into regulated fiat-to-stablecoin and stablecoin-to-fiat settlement for institutional clients. The rollout includes support for Circle's USDC, Paxos' USDG and Banking Circle's own euro stablecoin EURI, expanding the bank's digital asset settlement capabilities beyond its initial EURI launch in August 2024. In a Monday announcement, the bank said it serves more than 750 payment companies, financial institutions and marketplaces that move and convert over 1.5 trillion euros (roughly $1.7 trillion) annually across its infrastructure. Chief digital asset officer Kirit Bhatia said in the release that stablecoins are "a natural extension" of the bank's infrastr... -
Cointelegraph.com - 11:00 Apr 27, 2026
The framework targets fragmented mining systems, offering a unified, open alternative for managing infrastructure across operations. Tether has released an open-source development framework for Bitcoin mining, aimed at giving operators and developers unified control over hardware and software across mining operations. According to Monday’s announcement, the framework combines a backend SDK and user interface tools to replace fragmented, vendor-specific systems, allowing miners to monitor devices, manage operations and build custom applications across sites from a single control layer. It uses a modular architecture in which hardware exposes standardized functions and independent modules can be added without altering the core system, enabling integration across different machines, services and locations. Read more -
Cointelegraph.com - 10:58 Apr 27, 2026
Crypto ETPs see $1.2 billion inflows in fourth straight week as Bitcoin leads gains and blockchain equity ETFs hit record demand, CoinShares reported. Cryptocurrency investment products continued their run of inflows last week as Bitcoin traded at its highest levels since early February. Crypto exchange-traded products (ETPs) recorded $1.2 billion in inflows last week, marking their fourth week of consecutive gains, CoinShares reported Monday. The inflow streak is the largest so far this year, as the four-week total reached about $3.9 billion, surpassing the previous four-week run of $2.9 billion in March. Read more -
Cointelegraph.com - 07:45 Apr 27, 2026
French law enforcement agencies have been investigating wrench attacks and found that some of the alleged offenders were involved in multiple incidents At least 88 people, including ten minors, have been indicted in connection with alleged wrench attacks against crypto owners in France, according to Vanessa Perrée, the country’s national prosecutor for organized crime. Perrée said in a statement on Friday that 75 of the alleged offenders are being held in pre-trial detention, with the arrests related to 12 cases currently under investigation by specialized investigating judges of the Paris Judicial Court and monitored by the National Prosecutor's Office for Organized Crime (PNACO). Wrench attacks involve the use of physical force to gain access to a victim’s crypto wallet and have taken the form of home invasions, kidnappings and other extortion attempts. Read more -
Cointelegraph.com - 07:16 Apr 27, 2026
About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses. Prediction market platforms’ ability to accurately predict events is driven by a small set of highly informed traders rather than crowd-sourced wisdom, according to researchers from London Business School and Yale University. About 3.5% of these accounts “generate the bulk of price discovery” on prediction markets like Polymarket, according to a paper by Roberto Gomez-Cram, Yunhan Guo, Theis Ingerslev Jensen and Howard Kung, which was revised April 25. “The remaining majority does not produce accuracy; rather, it funds it,” the authors said. Read more -
Cointelegraph.com - 07:00 Apr 27, 2026
The funding follows a $290 million rsETH bridge exploit that disrupted DeFi markets and triggered a coordinated recovery effort. Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH backing after a $290 million bridge exploit triggered widespread disruptions across DeFi. The initiative, led by participants in Aave DAO, aims to support affected users and stabilize rsETH markets, with governance approvals still pending across involved protocols. The funding is intended to provide immediate liquidity while governance processes continue, with an eye on limiting disruption across DeFi protocols. Sharplink, a publicly traded Ethereum treasury company, has joined in an advisory role to help structure the recovery plan. Read more -
Cointelegraph.com - 05:24 Apr 27, 2026
Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward. Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card. “Over the last few months, we've crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we scale,” said Western Union president and CEO Devin McGranahan during the company’s first-quarter earnings call on Friday. “At the foundation of our strategy is USDPT, our US dollar-backed stablecoin. USDPT is now in its final stages of readiness and is expected to go live next month,” he added. Read more -
Cointelegraph.com - 04:20 Apr 27, 2026
More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215 million to be potentially allocated if certain governance proposals succeed. Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders. Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a wallet connected to the $293 million Kelp exploit. In a proposal posted Saturday on the Arbitrum governance forum, Aave Labs said directing those funds to a planned remediation effort would “restore normal conditions for Arbitrum users” and the wider ecosystem and that the Ether on Arbitrum “represents a material contribution” toward restoring the Kelp DAO restaked ETH (rsETH) token. Read more
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