Brent Crude Climbs Above $115 as Trump Signals Longer Iran Naval Blockade – Bitcoin News

Key Takeaways: Brent crude climbed above $115 per barrel on April 29 as Trump ordered preparations for an extended Iranian naval blockade. The IEA called the Strait of Hormuz shutdown the largest supply shock on record, with 20% of global oil flows halted. The Federal Reserve is expected to hold rates steady today, with Chair Jerome Powell’s comments on inflation risks in focus. Iran Blockade Fears Push Brent Crude Higher, Largest Increase Since June 2022 Brent, the international benchmark, climbed above $115 per barrel on Wednesday, the highest level since…

Senate Panel Clears Kevin Warsh 13-11, Setting up Fed Leadership Change Before May 15 – Bitcoin News

Key Takeaways: The Senate Banking Committee advanced Kevin Warsh’s Fed Chair nomination 13-11 on April 29, 2026. Sen. Thom Tillis lifted his hold after the DOJ closed its probe into Powell around April 24, clearing the vote. Full Senate confirmation is expected by mid-May 2026, potentially making Warsh chair before Powell’s term ends on May 15. Warsh Fed Chair Nomination Advances All 13 Republicans on the panel voted to move the nomination forward. All 11 Democrats voted against it. The executive session, chaired by Sen. Tim Scott, R-S.C., convened at…

Blackrock Pulls $112M From IBIT as Bitcoin ETF Outflows Extend Cooling Phase

Key Takeaways: Bitcoin ETFs saw $89.68M outflows on Apr 28, led by Blackrock IBIT’s $112.25M exit. Ether ETFs lost $21.80M as Blackrock ETHA fell, signaling cooling institutional demand. XRP ETFs gained $2.20M via Canary XRPC, hinting at selective inflows as markets recalibrate. Investors Pull $21.80M From Ether ETFs as Volumes Hit $428M in Cautious Trade The tone across crypto exchange-traded funds (ETFs) softened further on Tuesday, April 28, with bitcoin products extending their pullback and ether funds following suit. While not a wholesale retreat, the pattern signals a market taking…

Mezo launches institutional Bitcoin yield vaults with Anchorage Digital and Bullish, including 250 BTC anchor investment

Mezo Prime launches with Anchorage and Bullish to route institutional Bitcoin into segregated, qualified‑custody vaults that earn onchain yield and mint BTC‑backed MUSD. Summary Mezo has launched Mezo Prime with Anchorage Digital Bank and Bullish to let corporate treasuries earn onchain BTC yield inside a qualified‑custody framework. The product uses segregated Enclave vaults at Anchorage, with no commingling or rehypothecation, allowing BTC to be locked as veBTC for protocol fees or used as collateral to borrow MUSD. Bullish is the first institutional customer and is deploying part of its treasury…

Bitcoin price retraces to $77,000 ahead of Fed rate decision, will it crash?

Bitcoin price fell back towards the $77,000 level after facing rejection at the $78K mark as investors remained cautious ahead of the FOMC decision today. Summary Bitcoin price falls to $75,850 after rejection near $80K, as investors turn cautious ahead of the Federal Reserve rate decision. Markets price in no rate cut with 100% odds, while geopolitical tensions and macro uncertainty keep risk appetite subdued. Technicals show a bearish channel breakdown and MACD crossover, with $80K as key resistance and $75K–$70K as downside support zones. According to data from crypto.news,…

Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts

Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem. Summary Tether has launched a Bitcoin faucet within its self-custody wallet, distributing small BTC amounts through the Lightning Network. Users must link their tether.me usernames and interact with official posts to receive instant payouts. According to Paolo Ardoino, who announced the feature at Bitcoin 2026 in Lugano, the faucet forms part of the newly launched tether.wallet application, where users can claim Bitcoin by interacting with…

Twenty One Capital’s Jack Mallers Argues BTC’s Proof of Reserves Outclasses Gold at Bitcoin 2026 – Bitcoin News

Key Takeaways: Twenty One Capital CEO Jack Mallers says bitcoin’s onchain auditability gives it an edge over gold. The corporate treasury currently holds over 43,500 BTC worth roughly $3.35 billion, making it the third-largest public treasury. Mallers launched live proof of reserves, letting anyone verify Twenty One’s BTC holdings in real time. Bitcoin Can Be Verified, Gold Cannot Speaking at the conference, Mallers focused his case on the fundamental gap that bitcoin holdings are publicly verifiable onchain, in real time, without relying on any third party. Gold requires physical audits,…

Bitcoin Attempts Bottom as Analyst Flags $79K and $65K Levels

Bitcoin is nearing a key price test that could confirm a bottom or expose this move as another failed attempt. The outcome will shape whether improving market conditions translate into a sustained recovery or stall again. Key Takeaways: Willy Woo identifies bitcoin’s cost basis near $79K as a key test. BTC structure strengthens if $65K support holds after a breakout attempt. Woo said current levels would need months of sideways action before a bottom can form. Bitcoin’s $79K Test Puts Bottom Confirmation in Focus Bitcoin is approaching a level that…

Bitcoin 2026 Conference Divides Its Community

The Bitcoin 2026 Conference drew more than 40,000 attendees to The Venetian Resort in Las Vegas from April 27 to 29, but the institutional-heavy speaker lineup sparked a sharp backlash from early adopters who accused the event of abandoning its cypherpunk origins for corporate suits and regulators. Summary Speakers included Strategy’s Michael Saylor, BlackRock’s Robert Mitchnick, SEC Chair Paul Atkins, and Senator Cynthia Lummis, a lineup critics said reflects a fundamental shift away from Bitcoin’s decentralized roots. Early Bitcoin investor Simon Dixon publicly called the conference “compromised,” arguing that code…

Tim Draper Says ‘You Should Be Scared’ Without 6 Months Bitcoin Savings

Key Takeaways: Tim Draper warned Bitcoin 2026 attendees that companies without 5-15% bitcoin treasury allocation risk collapse if banks fail. Draper cited the Silicon Valley Bank (SVB) failure in 2023 as proof that bitcoin belongs on corporate balance sheets for payroll protection. Draper called holding 6 months of bitcoin reserves essential for families as fiat currency faces a potential Argentine-style collapse. Tim Draper Warns 5–15% Bitcoin Treasury Is Vital as Bank Failures Threaten Companies The Silicon Valley venture capitalist and founder of Draper Associates, Tim Draper, delivered a keynote address…