Crypto PAC spends $500K in support of Indiana candidate ahead of primary

Defend American Jobs, the cryptocurrency-backed political action committee (PAC) affiliated with Fairshake, reported spending more than $500,000 on media to support a Republican incumbent representative in Indiana. According to a Saturday filing with the US Federal Election Commission (FEC), the Defend American Jobs PAC spent about $514,000 on media in support of James Baird, a…

XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally

XRP is back above $1.42, and traders are starting to focus on a chart setup that sent XRP up 66% in less than two weeks when it appeared in 2025. News Background • Analysts flagged a repeating XRP chart fractal from 2025, when a breakout from a multi-week bull flag triggered a rally toward all-time…

XRP’s 2025 Chart Fractal May Repeat Another 66% Price Rally to $2.35

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive gains. Key takeaways: XRP is currently displaying a technical pattern similar to the 2025 price action that ignited a 66%…

Bitcoin Rallies Higher Even As Derivatives Lack Conviction

Key takeaways: While Bitcoin onchain activity and derivatives show a lack of participation from traders, record spot ETF inflows point to strong institutional demand. The absence of leveraged longs may actually fuel further upside as sellers are forced to buy back if Bitcoin edges higher. Bitcoin (BTC) gained 7% over the past week, breaking above…

Kalshi, Hyperliquid, IB Still Serve Dutch Users as Polymarket Ban Fails to Clear the Market

Dutch users can still access crypto prediction markets despite a previous ban on market leader Polymarket. Polymarket was banned by the Dutch Gaming Authority (Ksa) in February for operating without a gambling license. However, US-based Kalshi, crypto exchange Hyperliquid and investment giant Interactive Brokers are still offering prediction markets to Dutch users, according to an…

Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise

Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks would be crucial. Speaking at the Consensus crypto conference in Miami, Garlinghouse said that the likelihood of the market structure…

Crypto Fear and Greed Turns Neutral As Bitcoin Holds $80K

The Crypto Fear and Greed Index hit 50 on Tuesday, measuring “neutral” for the first time since Jan. 17. This shift ended a 108-day stretch dominated by negative sentiment. The index gauges market sentiment using volatility, momentum, trading volume, and social signals. A score below 25 signals “extreme fear” or risk aversion, while 26–49 reflects…

Bitcoin Short Liquidations Top $7.9B as $80K BTC Price Holds Firm

Bitcoin (BTC) may have a clear path to $90,000 after $7.9 billion in short liquidations in February put pressure on the bears. Data show liquidations came in three waves that extended from February through April. The liquidations highlight a growing imbalance as BTC traders continue to build short positions above $80,000, while the price holds…

Bank of Italy Deputy Governor Urges EU to Evaluate Tokenized SEPA Payments

European financial institutions should assess whether the Single Euro Payments Area (SEPA) can be extended into tokenized payments, Bank of Italy Deputy Governor Chiara Scotti said, as policymakers look for ways to keep euro-denominated settlement central to digital finance. Scotti called a tokenized extension of SEPA an “important area for reflection” during a Monday speech…

Drift outlines a recovery plan for users after $295 million DPRK-linked exploit

Drift Protocol announced Tuesday the implementation of a recovery plan for users affected by a $295 million exploit on April 1, which it attributed to the North Korea state-backed DPRK hacking group identified by forensic firm Mandiant. The attack led the protocol to suspend trading and borrowing immediately after the exploit. Drift said “the majority…