Gate Cryptocurrency News and Market Analysis

*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

UAE Energy Minister Suhail Mazrouei stated on April 28 that the United Arab Emirates' decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) is timed correctly and will have limited impact on global oil markets and prices, according to CCTV News. Mazrouei cited

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),

David Marcus, CEO of Lightspark and former president of Paypal, took the stage at Bitcoin 2026 Las Vegas to announce Grid Global Accounts, a dollar-denominated payment layer built entirely on Bitcoin that connects to 175 million Visa merchants across 33 countries and reaches 65 nations in real

CryptoQuant, a cryptocurrency analysis platform, has shared data showing that XRP's Sharpe Ratio—a key metric measuring return per unit of risk—reached approximately 0.065 in April, marking the highest level for the month, according to the analysis. The improvement reflects XRP's recovery

AI-focused cryptocurrencies are outperforming the broader market, with each recording gains exceeding 20 percent. Demand for computing infrastructure and automation technologies is driving interest in these specific blockchain projects. Sector-based investing is becoming more prominent, r

AI-focused cryptocurrencies are outperforming the broader market, with each recording gains exceeding 20 percent. Demand for computing infrastructure and automation technologies is driving interest in these specific blockchain projects. Sector-based investing is becoming more prominent, r

LayerZero pledged 10,000 ETH (approximately $23 million) to support the DeFi United rescue coalition following the $292 million Kelp DAO exploit, committing 5,000 ETH directly to the recovery fund and another 5,000 ETH to Aave while pledging additional support for GHO liquidity. The commitment came

Stablecoin transfer volume fell 19.18% to $831B in 30 days, yet market cap and holders rose as USDT, USDC, and DAI added billions while Ethena's USDe saw $1.1B outflows. Summary Stablecoin transfer volume dropped 19.18% to 831 billion dollars over the past 30 days, but total market cap rose 2.0

Onchain perpetuals exchange Ostium unveiled a major backend infrastructure overhaul on Tuesday, according to the team's announcement. The platform introduced a new real-time decentralized execution layer representing a novel application of onchain liquidity pools with offchain hedging, and added