Author: WebDesk

Jessie A Ellis May 02, 2026 07:19 Dogecoin hovers at a make-or-break $0.11 level with overbought technicals clashing against persistent buying pressure. Break above triggers $0.16 target within two weeks, while rejection sends DOGE… The Critical Juncture Dogecoin finds itself trapped in a technical vise at $0.11, where momentum indicators paint a picture of exhaustion while buying pressure refuses to relent. The RSI has climbed into overbought territory above 70, typically a precursor to pullbacks, yet the price action shows remarkable resilience. This contradiction between technical warnings and market behavior creates a powder…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether has released its first-quarter (Q1) 2026 attestation report, audited by BDO, a “top-five” global independent accounting firm. The report highlights what the company describes as continued momentum for the stablecoin issuer, including major financial figures and details on its reserve positioning. Inside Tether’s Reserves In the report, Tether said it generated approximately $1.04 billion in net profit. It also stated that the scale of USDT in circulation remained broadly stable around current levels. As of March 31 of this year, the company reported total token-related liabilities…

Ripple officially launched its Middle East and Africa (MEA) regional headquarters in the Dubai International Financial Centre (DIFC) in late April 2026, expanding its presence in the UAE after being licensed by the Dubai Financial Services Authority (DFSA) as a blockchain payment provider in March 2025.This move comes as the Middle East emerges as a key growth market for Ripple, currently accounting for approximately 20% of its global customer base. It also reflects a broader trend of crypto companies migrating to regions with clearer regulatory frameworks to deploy products at scale.Ripple Expands Footprint in Dubai The opening of the new headquarters…

Data shows the Bitcoin treasury companies have shown an inflection recently, something that has turned out to be bullish in the past. Last Two Bitcoin Treasury Capitulation Inflections Led To Bullish Action In a new post on X, Capriole Investments founder Charles Edwards has talked about the latest trend in the buying participation of the Bitcoin Digital Asset Treasuries (DATs). A DAT is a company that holds a cryptocurrency on its balance sheet as a way to provide its investors with exposure to the asset’s price movements. The most popular DAT strategy involves Bitcoin, the digital asset ranked largest by…

Key Takeaways: OFAC warned crypto payments tied to Hormuz transit may trigger sanctions exposure. Reports say Iran operates a crypto-based toll system generating about $20 million in daily revenue. Foreign firms risk secondary sanctions and restricted access to U.S. financial system. OFAC Alert Raises Crypto Sanctions Risk for Hormuz Transit The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a May 1 alert warning that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The warning makes clear that crypto does not reduce legal risk for maritime firms, financial institutions, insurers, or…

Ripple CEO Brad Garlinghouse declared at XRP Las Vegas that the CLARITY Act will pass by the end of May, his third public deadline for the bill after predicting 80% odds of April passage on Fox Business in February and revising to May at two successive industry events. Summary Garlinghouse first gave 80% odds of April passage on Fox Business on February 19, revised to end of May at the FII Priority Miami Summit on March 27, and reaffirmed end of May at the Semafor World Economy Summit on April 13. He says the stablecoin yield dispute that paralysed the…

Dogecoin (DOGE) whale activity just hit a 6-month high after transfers worth $100,000+ rose to 739 in a single day this week.More so, the 149 whale wallets holding at least 100 million DOGE now collectively hold 108.52 billion DOGE. This marks an all-time high for collective whale accumulation, with an estimated worth of  $11.80 billion at press time.Source: Santiment IntelligenceInstitutions are also showing heightened interest in the meme coin following its classification as a commodity by regulators in March 2026. There are currently at least 5 primary Dogecoin ETFs and ETPs actively trading globally, with the latest being 21Shares’ Dogecoin…

Crypto VC funding slid to $659m across 63 April deals, a 74% drop from March that drags monthly flows back to 2024 lows even as DeFi and AI still attract capital. Summary Cointelegraph data show crypto venture funding fell to $659 million across 63 deals in April, down 74% from $2.6 billion and 84 rounds in March. Since peaking at $3.84 billion in October 2025, monthly crypto VC flows have trended lower even as 2026 year‑to‑date funding still totals about $5.64 billion. DeFi led sector activity with 12 deals, while blockchain services and AI‑linked crypto projects each saw 8 rounds;…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran’s currency has lost between 60% and 70% of its value against the US dollar. One of the country’s largest banks collapsed last December. And now, nearly half a billion dollars in cryptocurrency tied to the Iranian government has been seized by the United States. Currency In Free Fall Treasury Secretary Scott Bessent confirmed Wednesday that American authorities have taken control of close to $500 million in Iranian crypto assets — a figure well above the $344 million that had been publicly reported just days earlier. Bessent…

On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May 2024, when Exodus flew 130 employees, friends, and family to Manhattan only to learn the night before that regulators had pulled its listing.  He described the reversal as a rule change at “the 11th hour” that left a room of supporters stunned and forced the company back into private status despite having, in his telling, followed the playbook.  That episode ended months later after the U.S. election, when Exodus finally listed on NYSE American in January with the…