Gate Cryptocurrency News and Market Analysis

On April 28, Canaan Inc. announced that it has received Tether’s follow-on order, which will provide customized high-density computing board modules for Tether’s associated facilities in South America, with the deployment plan to be carried out in 2026. According to the announcement, this order is built upon the concept proof (PoC) development project developed by Canaan, Tether, and ACME Swisstech, a Swiss industrial mining machine systems design company.

Battery Smart announced on April 28 that it secured US$15 million in debt financing from Mirova to expand its battery-swapping network across India. The funding will support the deployment of partner-led stations in urban and semi-urban markets where electric two- and three-wheeler drivers can swap

According to a report by Bitcoin Magazine, Lightspark CEO and former PayPal president David Marcus launched a new type of Bitcoin wallet on April 28 that allows AI agents to buy Bitcoin and carry out fund sending and receiving operations. Marcus confirmed that Lightspark’s Grid Global Accounts have officially gone live.

According to a report by The Block, on April 28 the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit with the U.S. District Court for the Eastern District of Wisconsin, making it the fifth state in the past month that the CFTC has sued over issues of jurisdiction over prediction markets. The CFTC’s complaint argues that it has “exclusive jurisdiction” over prediction markets, saying Wisconsin is trying to label markets subject to federal oversight as criminal, undermining the federal regulatory system designed by Congress.

Bitcoin is nearing a key price test that could confirm a bottom or expose this move as another failed attempt. The outcome will shape whether improving market conditions translate into a sustained recovery or stall again. Key Takeaways: Willy Woo identifies bitcoin’s cost basis near $79K as a

Bitcoin (BTC) continued its soft trading posture, with it temporarily trading around $76,250 as of April 29. A Bloomberg ETF analyst posted that the market is expected to roll out the ETF next week. According to PeckShield monitoring, a suspected Trading Protocol YieldCore-3rd-deal treasury was attacked, resulting in losses of about $398k.

Early-stage altcoins are gaining attention as risk appetite gradually returns in 2026 crypto markets. Utility-driven and meme-based tokens are attracting different types of investors with distinct motivations and expectations. Market uncertainty remains high, with sentiment playing a

*Forbes* published an investigative report on April 28, characterizing American Bitcoin (ABTC) as an “arbitrage vehicle,” saying that since its listing, retail shareholders’ cumulative losses have totaled about $500 million. On April 29, Eric Trump issued a public statement in response, citing ABTC’s fourth-quarter performance figures to defend the company, and calling *Forbes* a “disgrace to journalism.”

On April 28, U.S. District Judge Lewis Kaplan of the Southern District of New York formally denied in a court order the motion for a retrial filed by former FTX CEO and co-founder Sam Bankman-Fried (SBF), ruling that his claims regarding “new evidence” were “without any basis on multiple independent and sufficient grounds.” On the same day, Judge Kaplan also denied SBF’s request to withdraw his motion.

Bitcoin was temporarily trading around $76,500 on April 29, extending its downward trend. The U.S. dollar against the Japanese yen fell nearly 0.5% to 158.95. According to the Bank of Japan’s monetary policy decision published on April 28, the committee voted 6 to 3 to keep the benchmark interest rate unchanged at 0.75%. The three members who voted in favor of an immediate rate hike on that day prompted traders to raise the probability pricing for a rate hike on June 16 to 74%.

Alchemy and Privy, two major crypto infrastructure providers, announced a technical integration on Tuesday designed to reduce friction points in onboarding users to onchain finance. The integration combines Privy's user onboarding experience with Alchemy's gasless transaction infrastructure,

Vale reported first-quarter adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $39 billion in a filing dated April 28, falling short of the market expectation of $41 billion. The

Partnership Announcement Blaize, a US AI computing company, announced on April 28 a three-way partnership with Nokia and PT Datacomm Diangraha, an Indonesian IT services firm, according to Blaize Holdings. The companies will deploy hybrid AI inference infrastructure in Indonesia and Southeast

Apple plans to introduce four new AI photo editing tools—Extend, Enhance, Reframe, and Clean Up—to iPhone, iPad, and Mac software launching this fall, according to Bloomberg. The move aims to close a competitive gap with Android rivals such as Google and Samsung in AI-powered photo editing

Early-stage altcoins are gaining attention as risk appetite gradually returns in 2026 crypto markets. Utility-driven and meme-based tokens are attracting different types of investors with distinct motivations and expectations. Market uncertainty remains high, with sentiment playing a

Polymarket is exploring a path to bring its main exchange back to the United States through discussions with the Commodity Futures Trading Commission (CFTC), according to Bloomberg reporting from April 28, 2026. The company is seeking to lift a ban on U.S. customers that was imposed following a 2022

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued an interpretive document on April 28 prohibiting U.S. persons and entities from paying Hormuz Strait security transit fees to Iran, according to the OFAC statement. The ban applies to U.S. individuals, U.S. financial

The United Arab Emirates announced on April 28, 2024, that it will leave OPEC+ effective May 1, 2024, after nearly 60 years as a member, according to statements from OPEC+ delegates and analysts. The exit marks the departure of the fourth-largest OPEC producer and will reduce the alliance's control

A federal court sentenced Sze Man Yu Inos, 30, to 71 months in prison for orchestrating a Bitcoin investment fraud scheme that targeted elderly victims across multiple U.S. states and territories. According to prosecutors, Inos befriended older women in Saipan and Guam between November 2020 and

Six major technology stocks fell sharply after reports that OpenAI has not hit its own growth and sales goals, signaling that traders are reassessing the company's ability to fund massive compute infrastructure commitments. The declines on Tuesday affected Coreweave (CRWV), SoftBank Group (9984.T),