Key Takeaways: MegaETH’s MEGA token began trading on April 30, 2026, on Binance, Coinbase, and 11 other major exchanges at 11:00 UTC. MEGA opened near $0.183 with an FDV of $1.82 billion and $78M-plus in 24-hour volume on launch day. Only 11.3% of MEGA’s 10 billion supply circulates at launch, with unlock events scheduled at 6 and 12 months. MEGA Token Launches April 30 The Token Generation Event (TGE) marked the first time traders could access MEGA onchain via MegaETH’s mainnet DEX, with centralized exchange trading following one hour later…
Tag: Market
CFTC Sues Wisconsin Over Prediction Market Jurisdiction
The US Commodity Futures Trading Commission on Tuesday sued the state of Wisconsin in the agency’s latest effort to assert jurisdiction over prediction markets after the state sued multiple platforms. The CFTC said in a statement that it filed the lawsuit against Wisconsin “in response to the state’s lawsuits against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase, five CFTC-regulated prediction markets.” “States cannot circumvent the clear directive of Congress,” CFTC Chairman Michael Selig said. “Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere…
Bitcoin Market Returning To Risk-On? Flow Pulse Surges 136% From March Lows
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…
Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market
Bitcoin is moving through another major reset following its 42% crash from its all-time high. However, what appears to be a sharp decline may actually be laying the foundation for the next phase of growth. A crypto expert believes the pullback is revealing underlying strength, pointing to a structure that remains intact despite short-term pressure. Bitcoin Cycles Show Why Crypto Market Crashes Can Be Healthy The recent decline in the total crypto market cap, which pushed it down by about 46% from its $4.22 trillion peak, reflects a pattern that…
Bitcoin faces FOMC, GDP and PCE tests in busy market week
Bitcoin (BTC) begins the week with traders watching several U.S. economic events that could shape risk appetite. Summary Bitcoin traders are watching the Fed decision for clues on inflation, growth and future rate cuts. GDP and PCE inflation data could shape market expectations and trigger fresh Bitcoin price swings. Tech earnings and geopolitical headlines may add pressure as Bitcoin tracks broader risk sentiment. The focus has shifted from war headlines to the Federal Reserve, inflation data, GDP numbers and large technology earnings. The Federal Reserve will hold its two-day FOMC…
1 in 3 Crypto Traders Cut Spending Amid Market Slump: Survey
The recent crypto market downturn has forced more than one in three crypto traders to cut everyday spending, according to a new survey by CEX.IO. The survey, conducted among 1,100 US-based active CEX.IO users, shows the current market slump is straining household finances, though it remains less severe than 2022, when Bitcoin fell by roughly 75% from its peak. Bitcoin is still about 40% below its October 2025 high, leaving many retail investors sitting on unrealised losses. 36% of respondents said they reduced everyday spending as a direct result of…
Bitcoin ‘Sharks’ Silently Accumulate Amid Market Uncertainty — Details
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Morgan Stanley launches stablecoin offering through money market fund
Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Morgan Stanley’s investment management arm has launched “Stablecoin Reserves Portfolio,” an offering that allows stablecoin issuers to park the reserves backing their stablecoins in one of the bank’s money market funds while earning interest. The offering is part of the Morgan Stanley Institutional Liquidity Funds trust (MSNXX), which aims to preserve capital, provide daily liquidity and distribute income while maintaining a $1 net asset value, Morgan Stanley said…
Crypto Advocacy Group Calls Action on Market Structure Bill ‘critical‘
More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital asset market structure bill. In a Thursday letter to leaders in the US Senate Banking Committee, the Crypto Council for Innovation (CCI) and Blockchain Association said that the body should “proceed towards a markup of the CLARITY Act to provide a comprehensive federal market structure framework for digital assets.” The legislation, expected to be one of the most significant laws to potentially impact the industry crypto,…
Bitcoin Bulls Fight For Bull Market Support Band Into Weekly Close
Bitcoin (BTC) slipped from near three-month highs on Thursday as attention turned to the weekly close. Key points: Bitcoin retraces after its latest trip to its highest levels in several months. The upcoming weekly candle close is of particular interest as price eyes its bull market support band. A macro lull comes ahead of a deluge of US inflation data next week. Bitcoin bull market support band returns after six months Data from TradingView showed BTC/USD dropping to $77,200 prior to the Wall Street open. The pair hit $79,500 the…