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Ethereum Foundation Unstakes 17,000 ETH as Treasury Shift Sparks Market Speculation

By | Edited By Sahana Kiran,,

Ethereum Foundation has decided to decrease some of its staking positions at a time when it is just reaching the self-imposed target of holding 70,000 staked Ether tokens.

According to blockchain data from Arkham, the foundation unstaked 17,035 ETH, worth roughly $40 million, last Saturday. The process of unstaking was done by converting the wrapped staked ETH to a withdrawal request via Lido; the ETH will get unlocked once the queue is cleared.

Source: Arkham

In simple terms, staking is essentially locking down the Ethereum to assist in transaction validation and generate profits. Whenever there is an attempt to unstake, one has to put forward a request and be queued up before accessing the funds.

The reason for unstaking by the Ethereum Foundation of 17,000 ETH is not known at the moment, but some users suggest that it may be about to put these ETH up for sale. “The greatest seller of ETH remains those who created ETH.”

Also Read | Quant (QNT) Stabilizes at $70 Before Possible $260 Expansion Wave

Ethereum Foundation Boosts Staking Activity

The Ethereum Foundation started participating in staking operations for its assets after changing its treasury approach in June 2025. It was done to earn from staking and decentralized finance operations and contribute to funding research and development in the ecosystem.

From February to March, staking has gone up from slightly above 2,000 ETH to 22,000 ETH. Just recently, the foundation has added more than 45,000 ETH in different transactions, making the total stake close to 70,000 ETH, just shy of their target.

Issues still exist regarding the impact of such huge stakes on the network. Vitalik Buterin expressed concerns that huge stakes from the foundation could cause problems in times of critical decision-making in the network, especially when different blockchain alternatives emerge.

DeFi Giants Respond to Kelp

The DeFi ecosystem has recently been witnessing the consequences of a hack attack that occurred at the Kelp restaking protocol. The hackers stole more than 116,000 restaked ETH tokens, used them for collateral to acquire loans, and ended up creating roughly $195 million worth of toxic debts.

As a response, several leading DeFi entities have united to aid the impacted network. Under the initiative spearheaded by Aave, some of the parties involved include Lido DAO, Golem Foundation, EtherFi Foundation, and Mantle.

When considered together, their combined effort amounts to more than 43,500 ETH, worth more than $100 million, being put into action to stabilize rsETH.

Although both the Ethereum Foundation’s unstaking decision and the DeFi system recovery are two distinct incidents, they bring out the challenges associated with managing risks and resources on a larger scale.

Also Read | XRP Price Consolidates at $1.42 With Major Breakout to $3 in Focus

Bitcoin (BTC) Rejected at $80K: $1.35B Sell-Off Sparks Sudden Reversal

By | Edited By Sahana Kiran,,

Bitcoin (BTC) faced a sharp reversal on Monday, April 27, 2026, after testing the $80,000 level, with heavy derivatives selling driving the move. Data shows strong activity during the drop, while funding rates stayed deeply negative, highlighting pressure in leveraged positions across exchanges.

As of writing, Bitcoin (BTC) is trading at $77,818.23, showing a decline of 0.25% in the past 24 hours. The trading volume is showing a strong bullish surge, up 86.03%, and is currently standing at $31.04 billion. Over the last week, the BTC coin price has gone up by 4.1%, according to CoinMarketCap.

Source: CoinMarketCap

Also Read: Bitcoin Downside Risk Increases If $73,700 Support Level Breaks Sharply

Bitcoin Reversal Follows $1.2B Binance Sell Surge

Analyst Darkfost, in a post on X, pointed out that Bitcoin hit the $80,000 mark earlier in the day. The relocation collapsed in a few hours. Price subsequently fell approximately 2.5% and fell below $78,000.

There is no particular announcement that describes the sudden drop. The relocation is associated with selling pressure that is based on derivatives. The turnaround started soon after the unsuccessful attempt at breakout.

On Binance, sell volume totaling approximately $1.2 billion hit the order books in just one hour. This spurt caused Bitcoin to turn back. Large flows of derivatives continued to occur in the exchange.

Source: X

The combined total selling pressure across all exchanges was approximately $1.35 billion at the same hour. The data depicted an intense activity within a brief duration. It also verified the magnitude of the sell-side pressure.

The rates of funding were negative over several weeks. The 30-day cumulative funding rate fell to almost -7. This is one of the worst readings ever.

Source: X

These levels indicate high bearishness in derivatives markets. Severe negative financing usually results in short-term selling pressure. It is also an indicator of unbalanced leveraged positions.

Volume Rises as Funding Remains Negative

According to CoinGlass data, the future volume is increasing by 87.79% to $58.13 billion. The open interest rose by 0.76% to $56.98 billion. The OI-weighted funding rate was at -0.0025%.

Source: CoinGlass

The data reflected an increasing activity in the decline. Positions remained open while volume increased. This meant that there was still involvement in derivatives markets.

The price movement is in tandem with large sell orders and negative funding. There is no external trigger that is verified over the period. The derivatives activity continued to dominate the market behavior.

Also Read: Solana (SOL) Eyes $91 Target as RSI and MACD Show Early Bullish Signals

Scallop Resumes Operations After $270K sSUI Rewards Pool Exploit

By | Edited By Sahana Kiran,,

Scallop, a SUI-native DeFi lending protocol, has reopened its service after it was hacked and nearly 150,000 SUI were stolen from its sSUI rewards pool. This event highlights that smart contract risks remain an issue in decentralized finance, even as the overall SUI blockchain ecosystem is increasing its DeFi activities. Scallop has announced that normal operations have been fully restored, and it will compensate all the users who suffered losses due to the incident.

Details of the Exploit and How it was Handled

The hacker(s) were able to steal the amount of approximately 270,000 dollars by attacking the Scallop’s sSUI rewards pool. Based on the current SUI token prices and the protocol’s statement, no other lending pools or user collaterals were affected.

Scallops
Source: WEEX

The protocol team immediately stopped the compromised contract, fixed the bug, and after serving the community for a day, they resumed the operations, showing the importance of quick responses for earning the trust of the DeFi community.

Also Read: Aave Sees $15.1 Billion Withdrawals After rsETH Event Triggers DeFi Shift Liquidity

User Compensation and Protocol Security

Scallop has promised to compensate users for their full losses in the sSUI pool. The time and method of compensation have not been discussed yet, but such a commitment is in line with the industry’s approach of protecting liquidity providers when vulnerabilities in smart contracts are exploited.

This incident demonstrates the necessity of regular audits, bug bounty programs, and monitoring in real-time for DeFi platforms with large total value locked.

Also Read: Aave TVL Drops $8 Billion After $293M Kelp DAO Hack Exposes DeFi Risk

Implications for SUI DeFi Ecosystem

This attack is a source of problems as well as a source of lessons for the fledgling SUI network. Developers get a stronger message that their security measures must be very strong as the composable DeFi applications grow. Users find a reason to be more careful in their interactions with yield-generating protocols. To win back the trust of the community, besides setting an example for other blockchains, full transparency regarding the incident and the remedial measures taken will be most important.

Also Read: SUI Breaks Downtrend, Holds $0.94 Support as $1 Target Emerges

Dogecoin in 2026: Apple Unlocks iOS Ban on In-App Crypto Payments

By | Edited By Sahana Kiran,,

Dogecoin stands to benefit as Apple has reportedly removed certain iOS restrictions that used to prohibit in-app cryptocurrency payments, marking a major policy shift for the App Store ecosystem. The change may, among other things, allow new ways of operating for blockchain apps, Web3 platforms, and digital asset wallets on iOS devices, resulting in a possible jump in the adoption of cryptocurrencies such as Dogecoin for mobile transactions and in-app purchases.

Policy Shift and App Store Implications

For a long time, Apple’s developer guidelines basically disallowed direct crypto payments through iOS apps, therefore, Web3 developers had no choice but to use fiat on-ramps or browser flows outside the app.

Dogecoin
Source: Vield

The update is consistent with the direction of the news regarding the pressuring of regulators to open payment rails, and it reveals that blockchain technology is gaining recognition from major players in mobile commerce.

Also Read: Dogecoin (DOGE) Price Consolidation Hints at Possible Move Toward $0.18

Opportunities for Developers and Users

Thanks to this update, DeFi protocols, play-to-earn games, and creator platforms can now simplify their users’ experience when paying with cryptocurrencies by enabling crypto payments to be processed directly within the application.

As a result, the transaction process for iOS users dealing in digital assets is much less complicated, and utility for tokens like Dogecoin in microtransactions may get a boost. Besides that, new methods of monetizing are open to developers while still being able to comply with Apple’s existing commission structures. However, the actual ways of implementing are still being considered.

Also Read: Ethereum (ETH) Foundation Flags 100 Suspected North Korean Operatives in Web3

Challenges and Compliance Considerations

Despite the broader availability, struggles remain. Apps are required to comply with KYC/AML standards, local crypto regulations, and Apple’s content rules.

Apple iOS Update
Source: REPART

Wallet integrations and smart contract interactions’ security vulnerabilities need thorough audits. Besides that, the volatility and tax aspects of in-app crypto payments can make things difficult for average users who are not familiar with digital asset management.

Also Read: Fake Ledger App on Apple Store Wipes Out 5.92 Bitcoin Retirement Savings

Bitcoin Price Prediction 2026-2032: Will BTC Hit $150,000 Soon?

By | Edited By Sahana Kiran,,

Bitcoin continues to trade within a volatile range near key levels, reflecting cautious market sentiment and mixed short-term signals. While price action shows limited momentum, analysts remain focused on broader structural trends. 

BTC is trading around $78,911 as of April 27. Bitcoin gained 1.81% compared to the previous day, while the cryptocurrency market experiences continuous volatility. BTC recorded a daily trading volume of $25.17B, while its total market capitalization reached $1.58 trillion, making it the largest digital asset, holding a market share of 60.13%.

Bitcoin price chart
Source: CoinGecko

Participants continue analyzing the price trend of Bitcoin as the asset trades close to the $78,000 level. Although many believe that BTC could stabilize after the halving event and the approval of ETFs, uncertainty remains. Analyst Gustavo Maldonado highlighted that there will be continued price fluctuation because of mixed sentiments from global investors.

Also Read | Bittensor (TAO) Eyes Explosive Rally to $650 as Bulls Defend Critical $250 Support Zone

Bitcoin Price Target $150K By 2026

Analysts predict that Bitcoin can achieve a price target of $150,000 in 2026 because of a decrease in the supply rate and increasing demand. The near-term signals are uncertain because selling pressure and the presence of resistive barriers hinder any potential breakthroughs. Although there is evidence of a bullish market, price action does not reflect the trend.

According to CoinCodex forecasts, BTC is expected to experience a gradual recovery in the coming weeks, with projections placing the price near $81,400 by late May 2026. The presence of price barriers prevents further momentum and upward continuity. Although there are still price fluctuations, participants believe that the price barrier will eventually break.

Bitcoin price analysis
Source: CoinCodex

Long-Term Forecasts Indicate Expanding Price Range

Forecasts indicate that Bitcoin can continue to rise even after 2026. BTC is estimated to trade between $115,000 and $185,000, achieving average prices of around $130,000 during peaks. The continuous adoption of ETFs and other financial products may support bullishness despite any phase of volatility in emerging market structures.

Based on the forecast models, Bitcoin can continue to expand in 2028 and beyond. BTC prices could hit $216,738 in 2028 and reach $244,142 in 2029. In 2030, BTC may trade at around $255,321, while projections for 2032 reveal that BTC can peak at $350,548 because of increasing institutional adoption and a fixed supply structure.

Bitcoin may eventually surpass these expectations. Industry insiders such as Charles Hoskinson predicted that Bitcoin prices could hit $250,000 in 2026. Similarly, Robert Kiyosaki explained that BTC plays an essential role in hedging against fiat currency devaluation.

Also Read | Financial Pressure Forces Crypto Traders to Cut Spending and Delay Life Decisions

ETH Unfreezing Proposal Sparks Critical rsETH Recovery Push on Arbitrum in 2026

By | Edited By Sahana Kiran,,

After the April 18 rsETH incident, primary DeFi figures have begun a joint recovery operation. Aave service providers, Ether.fi KelpDAO LayerZero_Core, compound_xyz, and a few others have collectively drafted a governance proposal to the Arbitrum DAO asking for the release of the ETH frozen by the Arbitrum Security Council. The proposal is a step toward addressing the loss of the liquid restaking token rsETH through a single unified cross-protocol effort.

Governance Request to Arbitrum DAO

The paper requests the Arbitrum DAO to release the ETH currently in the possession of the Security Council. After the debates of the stakeholders, the group believes that the use of these assets is very important for the return to normal of rsETH.

Arbitrum ETH Recovery Proposal
Source: Bankless

The proposal is now available for community review. Its authors are waiting for the feedback from the Arbitrum community to make sure that governance is transparent and that everyone agrees on the recovery process.

Also Read: Lavish $263 Million Crypto Fraud Sends Californian Man to Harsh Prison Sentence

DeFi United Recovery Framework

If the funds are released, they will be given to DeFi United, a multi-protocol recovery initiative aiming at replenishing the backing of rsETH. The initiative plans to help affected users by gathering liquidity and coordinating support among the participating protocols.

The Arbitrum ETH allocation is considered a foundational step, with further contributions expected from other ecosystem partners to fully remediate the impairment. The contributors consider this to be a significant step toward the resolution, subject to further commitments from other parties.

Also Read: Financial Pressure Forces Crypto Traders to Cut Spending and Delay Life Decisions

Implications and Next Steps

The proposal presents a possibility as well as complexities. A successful release might lead to the quick restoration of users and can serve as a demonstration of efficient cross-chain governance during emergencies.

However, the challenges are the consensus within the DAO, the security aspects, and the order of multi-protocol contributions. The result could establish a precedent in dealing with the restaking token risk on Layer 2 networks.

Also Read: Aave Slips Below $30 Billion After KelpDAO Vulnerability Raises Risk Concerns

XRP Holds Range as $1.445 Barrier Slows Momentum Toward $1.55

By | Edited By Sahana Kiran,,

XRP is trading in a narrow range on Monday, April 27, 2026, amid market ambiguity as the price fluctuates in relation to resistance levels around $1.44. The sentiment remains neutral, although there is early stabilization in the market as investors await a breakout for positive confirmation.

At the time of writing, XRP is trading at $1.420 with a 0.42% down over the last 24 hours. The token’s 24-hour volume is $1.86 billion, and market capitalization stands at $88.78 billion, indicating steady interest despite weak breakout momentum and limited volatility expansion overall in the current session.

XRP price chart
Source: CoinMarketCap

Also Read | Bitcoin Cash (BCH) Ascending Triangle Suggests Possible Surge Toward $1200

XRP Consolidation Signals Market Uncertainty

On April 27, 2026, the analyst CRYPTOWZRD said that XRP is still demonstrating an uncertain direction in the short term despite ending the trading session without a clear direction for both the US dollar pair and XRP/BTC. As per the analysis, the market is awaiting clarity before a directional trend emerges since momentum depends on the environment surrounding Bitcoin.

XRP price chart
Source: CRYPTOWZRD’s X Post

One important intraday level to look out for is $1.4450. A breakthrough might cause an immediate upward move. However, general strength is dependent on the price of Bitcoin. Any rally in the XRP/BTC pair would need a reduction in Bitcoin dominance.

But on higher time frames, the token does not have any clear trend direction because of the indecision of closing candles for each day and week. In addition, XRP/BTC is weak on its weekly chart, indicating less strength compared to Bitcoin. According to the CRYPTOWZRD, a breakout above the falling lower high resistance line and $1.55 will make XRP bullish, pushing it to the target level of $2.00. The support level stands at the $1.30.

Price behavior within the intraday session has been quite choppy for now, with prices moving slowly. A breakout above $1.4450 may allow the price to head towards $1.54 or higher. However, market players will be waiting for the trigger that could help determine the next move.

XRP Momentum Builds Near Resistance

Technical analysis shows that XRP is indicating the beginning of price consolidation in the range of $1.4342. The RSI stands at 55.92, indicating bullish power without making it overbought.

Moving Average Ribbon is neutral as the short-term support levels are $1.4030 and $1.3928, whereas the resistance levels above $1.4703 and $1.8254 prevent the bulls from continuing their momentum within the current structure phase.

XRP technical indicator chart
Source: TradingView

The momentum indicators are showing an upward bias as the MACD line is currently hovering above zero by 0.00291. The histogram also shows an upward bias, suggesting that there is some buying pressure, but the signal line is close by to help confirm the current trend direction.

Overall, XRP continues to trade in a consistent consolidation range with early indications of upward momentum; however, no clear breakout pattern has developed. The direction of the market will be determined by whether the buyers succeed in breaking above crucial intra-day resistance levels.

Also Read | XRP Price Consolidates at $1.42 With Major Breakout to $3 in Focus

DOJ Ends Powell Probe, Paving Way for Promising Kevin Warsh Fed Chair Confirmation in 2026

By | Edited By Sahana Kiran,,

Republican Senator Thom Tillis decided to remove his hold on Kevin Warsh’s nomination for the Federal Reserve chair on April 27, 2026, after the Department of Justice (DOJ) ceased its three-month inquiry into Fed Chair Jerome Powell’s billion-dollar headquarters renovation project. This action removes a major procedural barrier in the Senate Banking Committee, where Tillis is a member, and gives Warsh a pathway to get confirmed before Powell’s term expiration on May 15.

DOJ Investigation Ends, Confirmation Advances

Tillis mentioned the U. S. Attorney’s Office investigation that was still ongoing as a reason for him not to support Warsh since he considered it a risk to the independence of the Fed. Now that the DOJ investigation is over, Tillis stated he “looks forward” to supporting Warsh, and he also welcomed a different inspector general review.

US Department of Justice (DOJ)
Source: Homeland Security Today

A vote by the Senate Banking Committee is set for April 29, and a full Senate vote could happen the week of May 11. However, former President Trump has been persistently advocating for rate cuts.

Also Read: Lavish $263 Million Crypto Fraud Sends Californian Man to Harsh Prison Sentence

Warsh’s Monetary Policy Outlook

According to disclosures, Warsh has invested in over 30 crypto projects, such as Solana and decentralized exchanges like dYdX, which means that he is probably acquainted with blockchain infrastructure and DeFi protocols. Leading the Fed, he will most likely have an impact on the regulatory approach to the digital asset market; however, the issues of inflation, rate policy, and preservation of central bank independence will continue to pose difficulties.

Warsh argues that the Fed will make its decisions independently and, in fact, has not publicly expressed commitment to any particular policy stance, thus leaving the markets to interpret the different signals on their own.

Also Read: U.S. DOJ Cracks Down on Ruthless Crypto Scam Empire in Southeast Asia

Crypto Exposure and Industry Implications

Republican Senator Thom Tillis decided to remove his hold on Kevin Warsh’s nomination for the Federal Reserve chair on April 27, 2026, after the Department of Justice ceased its three-month inquiry into Fed Chair Jerome Powell’s billion-dollar headquarters renovation project. This action removes a major procedural barrier in the Senate Banking Committee, where Tillis is a member, and gives Warsh a pathway to get confirmed before Powell’s term expiration on May 15.

Also Read: Wisconsin DOJ Targets Kalshi, Polymarket in Prediction Markets Crackdown

Western Union Debuts Promising SOL-Based Stablecoin USDPT This May 2026

By | Edited By Sahana Kiran,,

Western Union is making its first steps towards blockchain infrastructure as its CEO Devin McGranahan confirmed that the stablecoin project USDPT is in the final preparations stage. This is a major indication that the traditional remittance giant is making a big move into digital assets. This project is meant not only to upgrade the way cross-border settlements are done but also to connect crypto wallets with Western Union’s global retail and agent networks.

USDPT: Solana-Based SWIFT Alternative

Virus USDPT will be a token that is tied to the dollar and will be used as a SWIFT alternative for settling transactions with agents in a few countries, with the help of important partners. For faster, cheaper, and more efficient remittance rails, the stablecoin will take advantage of Solana’s fast performance and low fees. The dollar-pegged token is Western Union’s first native blockchain product and it therefore places them in the sector of institutional stablecoins and tokenization within the Web3 finance area.

Western Union USDPT Launch
Source: LinkeddIn

Also Read: Morgan Stanley Launches Stablecoin Fund Under GENIUS Act 2026

The Introduction of a Digital Asset Network and a USD Stable Card

Western Union will, with the advent of USDT, introduce the Digital Asset Network that allows a direct connection between crypto wallets and the physical locations of the company. This network is intended to facilitate smooth conversions of digital assets to cash and vice versa.

Furthermore, the USD Stable Card is expected to be available in the market in several countries by the end of this year, thereby increasing the use of stablecoins for regular payment and remittance purposes.

Also Read: Aptos Stablecoin Market Cap Hits $1.7B, Up 8x in 1 Year

Opportunities and Regulatory Issues

The emergence of the product points to potential areas where blockchain technology can be integrated with traditional finance. These include faster settlements and less risk due to a counterparty.

On the other hand, existing issues include the need for regulatory compliance in different jurisdictions, the desire to know the extent of stablecoin reserves, and the reluctance of agents and users to become accustomed to digital assets. Achieving success will be a matter of finding the right mix of innovation and KYC/AML procedures while keeping the trust in cross-border payments.

Also Read: Solana Nears Key Resistance as Bullish Momentum Targets $100 Breakou

Solana (SOL) Eyes $91 Target as RSI and MACD Show Early Bullish Signals

By | Edited By Messam Raza,,

Solana (SOL) is moving in an upward consolidation phase following the changing conditions in the crypto market. According to CoinMarketCap, the SOL price has surged by 1.16% over the last 24 hours and 2.02% over the last week.

At the time of writing, SOL is trading at $86.75, with a trading volume of $2.63 billion, which has remained stable over the last 24 hours. However, its market capitalization stands at $49.95 billion, which has surged slightly by 1.15%.

SOL price chart

Source: CoinMarketCap

Also Read: Solana Price Prediction 2026-2032: Can SOL Reach $668 by 2032?

Solana (SOL) Price Action Signals Breakout Toward $91

Furthermore, the crypto analyst BitGuru pointed out that SOL is emerging from a consolidation phase into a more defined bullish structure. 

After extended sideways movement, price action is forming higher lows from a prior reversal zone, suggesting improving buyer strength. This shift indicates that selling pressure is fading while the market gradually builds a foundation for potential upward continuation.

SOL price chart

Source: BitGuru’s X Post

At the moment, SOL is consolidating close to an important resistance area, where the momentum has briefly come to a halt. 

If the positive energy resumes with adequate volume backing, a breakout can take place, leading to further gains towards previous peaks around $91. Otherwise, the asset will be caught in a crucial decision-making phase.

Momentum Indicators Point to Neutral Outlook

According to TradingView, the RSI is standing at 52.86, while the signal line stands at 52.07. This shows that the token does not have any strong direction and is thus not overbought or oversold since it remains far from these extremes. The fact that RSI is above the signal line means there is some bull strength in the market.

SOL price analysis

Source: TradingView

The MACD chart also shows consolidation, where the blue line is standing at 0.41116 while the orange line is at 0.19810. 

The positive difference in the histogram at 0.21306 is indicating a weak buy trend, although the small difference in the two lines is indicating very little momentum. Generally, this setup is indicating a calm market environment.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Solana Nears Key Resistance as Bullish Momentum Targets $100 Breakout