DeFi United Secures $160M as Industry Moves to Cover Aave Bad Debt Crisis
Key Takeaways: Aave froze rsETH reserves within hours of the April 18 Kelp DAO exploit, which created up to $230.1 million in bad debt. DeFi United raised $160M by April 25, with Mantle and Aave DAO pledging 55,000 ETH combined….
Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind
Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April 2026. Tether USDT hit $189.78B and 59.19% share, consolidating dominance after exits. Ethena USDe fell -34.39% to $3.82B, signaling ongoing DeFi risk repricing. Stablecoin Market Holds Tight…
Polymarket Study Finds 3.14% Drive Accuracy – Bitcoin News
Key Takeaways: Researchers from London Business School and Yale found only 3.14% of Polymarket accounts qualify as skilled, yet generate most price discovery. Skilled Polymarket traders retained their classification 44% of the time out-of-sample, compared to just 10% for skilled…
Federal Reserve Set to Hold Rates at 3.75% as Traders Price 99% Odds for April 29 FOMC – Bitcoin News
Key Takeaways: CME Fedwatch puts a Fed hold at 99% for the April 29 FOMC meeting, down from a 6.2% hike chance one month ago. Polymarket traders have put $20.9 million into the 2026 rate cuts market, with 40% pricing…
Miners Beat Bitcoin by 70% in 2026 as Terawulf Locks $12.8B in AI Contracts
Key Takeaways: Bitcoin mining stocks have dramatically outperformed BTC itself in 2026, with most of the top ten publicly listed mining organizations posting year-to-date (YTD) gains of 25–73% while bitcoin sits roughly 12% in the red since January 1. The…
Bitcoin Stumbles at $78,500 as Hourly Momentum Stalls
Key Takeaways: Bitcoin holds $77,989 on April 26, 2026, consolidating near $78K with neutral signals. TradingView data shows RSI 64 and MACD 2,047, signaling momentum but limited conviction. Bitcoin eyes $79,500 resistance; break or drop below $77,200 sets next directional…
‘The Whole World Is a Casino’
Key Takeaways: Bitcoin neared $80K as Ki Young Ju flagged a 30% rebound, reviving crypto risk appetite. Tether minted $3B and froze record USDT, sharpening the Bitcoin vs. stablecoin split. THORChain moved 75,700 ETH in 1.5 days, with DeFi security…
Brazil Bans Predictions Markets, Report Highlights Region’s Mining Potential
Key Takeaways: On April 24, Brazil banned non-financial prediction markets, restricting future derivative trades. Hashrate Index sees Latam becoming a Bitcoin mining hub, fueled by Brazil’s 133% YoY hashrate growth. Itau Ventures invested $10M in Minter to tackle future green…
Stablecoins Dominate Over $6.9 Billion Crypto Purchases Registered in Q1
Key Takeaways: Brazil’s Central Bank reported a Q1 2026 crypto volume of $6.9B, with stablecoins driving 98% of trades. President Lula da Silva paused stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest global market. Fernando Rocha expects new crypto exchange…
South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO – Bitcoin News
Key Takeaways: National Treasury draft replaces 1961 rules with 2026 digital asset controls despite Sidley’s objections. VALR CEO Ehsani warns of a 1 million rand fine as 1961-era logic threatens to drive crypto investment away. A foundation may be formed…
