Galaxy Digital Sends ETH Worth $104 Million to Bybit, Binance and OKX, Sparking Selloff Concerns

Onchain data shows two wallets linked to Galaxy Digital depositing approximately 45,000 ether across several major exchanges over a 15-hour window on April 28, raising fresh concerns about institutional selling pressure on ETH. Key Takeaways: Galaxy Digital deposited 45,000 ETH worth over $104 million to Binance, Bybit, and OKX on Tuesday. Galaxy Digital’s April ETH … Read more

White House Adviser Patrick Witt Teases ‘Big Announcement’ at Bitcoin 2026

Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, told attendees at Bitcoin 2026 that the White House will make a “big announcement” on the U.S. Strategic Bitcoin Reserve within the coming weeks. Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations … Read more

Aave Releases Technical Plan to Restore rsETH Backing as Defi United’s Coalition Expands

Aave founder Stani Kulechov published a technical implementation plan on Tuesday to restore rsETH backing across affected protocols, with execution sequences set to begin within days. Key Takeaways: The recovery runs two parallel tracks, i.e., restoring rsETH’s nominal 1.07 ETH backing ratio through tranched ETH deposits, and clearing eight Aave positions. Post-exploit analysis found that … Read more

Bitbank Launches 0.5% Crypto Rewards Credit Card

The two companies partnered to issue this credit card, which, in addition to being the first credit card to allow monthly payments to be deducted from crypto balances in an exchange, also offers cryptocurrency rewards in BTC, ETH, and ASTR. Key Takeaways: Bitbank and EPOS Card launched Japan’s 1st Visa credit card, allowing monthly installment … Read more

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