Invest ideasNews
23 Apr 2026, 11:35
Shiba Inu (SHIB) Sees 86 Billion Removed in 24 Hours: Will Centralized Exchanges Fall?
Shiba Inu exchange outflows are piling up with a potential market rally continuation.
23 Apr 2026, 11:25
Kalshi Cracks Down on Political Insider Trading, Bans Three US Candidates
Prediction market platform Kalshi has suspended three US political candidates after finding they traded on the outcomes of elections in which they were directly involved, describing the cases as “political insider trading.” The actions follow the rollout of new safeguards designed to prevent candidates from betting on their own races. Candidates Caught Betting on Themselves The three individuals identified are Matt Klein, a sitting Minnesota State Senator running in the Democratic primary for the state’s 2nd Congressional District; Ezekiel Enriquez, a Republican primary candidate in Texas’s 21st Congressional District; and Mark Moran, a Democratic candidate in Virginia’s US Senate race. In Klein’s case, Kalshi said its systems flagged that he traded a small amount, less than $100, on contracts tied to his own candidacy. The platform confirmed his identity using internal data and open-source intelligence, and Klein cooperated with the investigation and ultimately agreed to a settlement that included a $539.85 fine and a five-year suspension from the platform. Enriquez was similarly found to have purchased under $100 worth of contracts tied to his own election. Kalshi pre-emptively blocked his trading after detection. He, too, later cooperated with the investigation and accepted a $784.20 penalty in addition to a five-year ban. Moran’s case, on the other hand, involved multiple trades across two markets related to his campaign, including one placed before formally announcing his candidacy and additional trades afterward. Kalshi said Moran initially acknowledged the violations but later stopped responding and refused to settle. As a result, he received a higher penalty of $6,229.30, was ordered to return any profits, and was also banned for five years. Offering his version of events, Moran said that he deliberately placed the bets on himself on Kalshi to test whether the platform would act against him and how it would respond. He claimed he wanted to draw attention to what he described as corruption and manipulation in prediction markets. According to Moran, he initially engaged with Kalshi’s compliance team but refused settlement terms that included a fine, a ban, and a requirement to make a public statement, citing First Amendment protections against compelled speech. He even went on to add that he expected the situation to generate attention. No Exceptions for Low-Value Bets Kalshi said all three cases violated its CFTC-approved Rule 5.17(z), which prohibits individuals with direct or indirect influence over an event’s outcome from trading on related contracts. The platform noted that while the trades were relatively small, any such activity is subject to enforcement. It further added , “Cases like these demonstrate Kalshi’s commitment to policing all types of unfair or improper trading on our platform. Regardless of the size of a trade, political candidates who can influence a market based on whether they stay in or out of a race violate our rules. No matter how small the size of the trade, any trade that is found to have violated our exchange rules will be punished.” These issues are not limited to Kalshi. In fact, concerns around insider activity in prediction markets have grown , particularly on its rival, Polymarket. CryptoPotato has extensively reported on controversial bets being placed on major geopolitical outcomes shortly before they happened. The post Kalshi Cracks Down on Political Insider Trading, Bans Three US Candidates appeared first on CryptoPotato .
23 Apr 2026, 11:16
Bitcoin buyers show ‘renewed conviction’ with BTC price push toward $79K
Bitcoin reached multi-month highs at $79,000 as bulls regained control and exchange reserves tightened, signalling buyers returning and reduced sell pressure.
23 Apr 2026, 11:00
A New Phase For XRP? Integrations Keep Rolling In Across The Ecosystem
“Pay attention. FOMO.” That was the blunt message from XRPL validator Vet, posted to X this week, as a string of major platforms moved to add XRP and XRP Ledger support across payments, exchanges, and self-custody tools. Related Reading: Consistent XRP Buys Could Deliver Outsized Gains By 2030: Finance Expert He was not talking about Ripple’s own products. He was pointing to independent adoption — and the list is getting harder to ignore. Binance And Bitget Expand Their XRPL Footprint Binance completed its integration of RLUSD — Ripple’s enterprise stablecoin — directly on the XRP Ledger back in February. Since then, trading pairs including RLUSD/USDT and RLUSD/XRP have gone live on the exchange, giving users faster and cheaper ways to move funds within the ecosystem. I’m not talking about Ripple products. I’m referring to XRPL integrations on Binance, Bitget, Rakuten Wallet, Exodus etc Pay attention, Fomo. — Vet (@Vet_X0) April 21, 2026 Bitget Wallet has since followed, adding the XRPL mainnet to its platform and enabling XRP and RLUSD transfers alongside cross-chain options. Reports indicate the wallet is also working with Ripple’s ecosystem to push RLUSD adoption further, including through real-world payment options like QR code transactions, crypto card payments, and bank transfers. Non stop wave of XRP integrations on various platforms, payment providers, exchanges and what not. Sometimes with XRPL issued asset support when it makes sense. Focus is on having XRP front and center. This will pay off when decades start happening in weeks again. — Vet (@Vet_X0) April 21, 2026 Exodus Movement expanded its own XRP Ledger support on April 16, rolling out upgraded tools for managing and moving XRP within its self-custody wallet. The update also brought RLUSD support to the platform for the first time. According to Exodus, XRP is already among the most actively used assets on its platform — and the new features were built in direct response to user demand. Rakuten Opens XRP To 44 Million Users In Japan Perhaps the single biggest development came from Japan. On April 14, Rakuten — one of the country’s largest e-commerce companies — brought XRP into its payment network through its subsidiary, Rakuten Wallet. Users can now spend XRP at more than 5 million merchant locations, trade it within the app, and convert Rakuten loyalty points into XRP. That last feature connects the token to one of Japan’s most widely used rewards systems, where trillions of points are already in circulation. The move puts XRP in front of more than 44 million users at once. These developments span a range of functions — trading, payments, transfers, and asset storage — across platforms that serve users well beyond the core crypto audience. Related Reading: Bitcoin Set For Stronger Week, Eyes $88K On Stable Macro Backdrop: Analyst A Pattern Building Toward The Next Market Cycle Vet, who runs a validator node on the XRP Ledger, framed the current stretch of activity as something to watch closely before market conditions shift. His post did not forecast a price move. It simply pointed to the pace of adoption and suggested that its full weight may not be felt until trading volumes pick up again. Featured image from Meta, chart from TradingView
23 Apr 2026, 10:59
XRP exchange supply drops by over 3 billion tokens in 14 months
The XRP exchange supply has declined sharply over the past 14 months, thereby reducing the sellable amount as of April 23. Since February 24, 2025, the available supply of XRP on 41 cryptocurrency exchanges has declined by more than 3 billion tokens, reaching roughly 16 billion at press time, according to on-chain data from X user @ Chachakobe4er . As such, the sellable supply of this token on 41 crypto exchanges dropped by 16% during this period. XRP exchange supply. Source: @Chachakobe4er In the past 24 hours, XRP investors withdrew approximately 3.33 million tokens, valued at about $4.69 million at the time of reporting. The largest crypto exchange in South Korea, Upbit, holds the biggest supply, with about 6.47 billion. Binance , Bithumb, and Uphold followed with XRP supply of around 2.54 billion, 1.82 billion, and 1.64 billion, respectively, at the time of publication. XRP supply drops fueled by whales’ demand The net supply of XRP on 41 cryptocurrency exchanges fell by 16% in 14 months, fueled by the rising demand from whale investors, likely institutions. Furthermore, the token has gained greater regulatory clarity under the Trump administration, thereby increasing its share of global cross-border payments through Ripple Labs’ products. Long-term XRP holders – investors with account balances of between 1,000 and 100,000 tokens – have increased to 1.1 million. This group of investors added about 11 million tokens per day in early April, according to data from Santiment shared by Evernorth Holdings. XRP holder analysis between February and April. Source: Evernorth Holdings The largest monthly outflow of this altcoin since November 2025 occurred in February, when investors withdrew roughly 7 billion tokens from crypto exchanges. Earlier this month, the U.S. spot XRP exchange-traded funds (ETFs) registered their largest weekly cash inflow since mid-January, as Finbold pointed out . Why is the token’s price down? Despite the notable demand for XRP since early 2025, the token’s price dropped by over 36% to trade at $1.42 on Thursday. XRP/USD 1-year performance. Source: Finbold The main reason why the token dropped amid rising whale demand was due to reduced liquidity, especially in the derivatives market. XRP OI on all exchanges. Source: CoinGlass Notably, the token’s Open Interest (OI) – its total open positions across all exchanges – has never recovered since the October 11 crypto crash, as per metrics from CoinGlass . The post XRP exchange supply drops by over 3 billion tokens in 14 months appeared first on Finbold .
23 Apr 2026, 10:50
Bitcoin holdings shift from retail traders to long-term holders in 2026
Bitcoin supply dynamics are experiencing a significant shift in 2026, with holdings migrating from retail traders to long-term holders (LTHs). Over the past month, short-term holders (STHs) have shed roughly 290,000 BTC while LTHs, ETFs, and structured strategies have absorbed over 370,000 BTC. The transfer of nearly 290,000 BTC from short-term speculators (entities holding The concentration of supply is moving away from reactive retail traders and into disciplined, long-horizon portfolios. Specifically, long-term holder dominance has surged, with LTH supply (coins unmoved for >155 days) jumping from 5.26 million in January to about 8.32 million BTC by mid-April. LTHs now control approximately 75% (14.8M BTC) of the circulating supply. The BTC ownership shift acts as a volatility dampener and a price floor, with institutional demand in early 2026 absorbing roughly six times the amount of newly mined coins. These institutional players are effectively neutralizing the “sell pressure” usually seen after halvings by purchasing nearly 100% of the new supply. Institutional capital flow into BTC ETFs moves opposite to retail panic In April 2026, Bitcoin ETFs recorded net inflows even while the Crypto Fear & Greed Index sat in “Extreme Fear” (levels 7-9), showing significant decoupling from fear. The contrarian behavior shows that institutional capital is moving in the opposite direction to retail panic. Notably, spot Bitcoin ETFs now hold over 1.3 million BTC (~6-7%% of total supply) and have served as key liquidity absorbers, attracting large inflows even during price pullbacks. Roughly 24.5% of ETF holdings are now classified as institutional, meaning that they are benchmark-driven and structurally resistant to short-term price swings. On the other hand, retail sentiment is no longer the primary driver of Bitcoin’s “fair value.” The pricing power shift shows that the authority to set price trends has shifted from crypto-native “hype cycles” to traditional finance metrics, such as Sharpe ratios and asset correlation models, used by pension and insurance funds. Institutional FOMO, driven by the passage of the GENIUS Act and the CLARITY Act in late 2025/early 2026, has also provided the regulatory “safe harbor” needed for the top 41% of hedge funds and major 401(k) plans to begin systematic allocation. BTC supply enters ‘non-circulating inventories,’ reduces liquid supply on exchanges With corporate buyers and ETFs absorbing nearly 100% of the newly issued daily supply, the supply on exchanges is at multi-year lows. Cryptopolitan now views this trend as a “psychologically important” institutional support zone as more BTC supply enters “non-circulating inventories.” The migration of BTC to ETFs and corporate vaults is slowing market velocity, which may lead to a long-term supply shock and narrowing price volatility over time. Meanwhile, institutional demand in early 2026 has led to sustained withdrawals from exchanges (e.g., $1.57B from Bitfinex and $728M from Kraken in late March), indicating that coins are moving into cold storage and institutional custody, and further tightening the available “sell-side” liquidity. Bitcoin held on CEXs has also dropped from over 3.2 million BTC in 2023 to under 2.7 million BTC by March 2026. CryptoQuant analysts identify the $74,000- $75,000 range as a new “institutional support zone,” where professional buyers view dips as reasonable entry points for long-term allocation. Notably, Strategy (formerly MicroStrategy) purchased 34,164 BTC in a single week (April 13-19), bringing its total holdings to over 815,000 BTC (~3.9% of total supply). Nearly 160 listed companies globally now hold Bitcoin in their balance sheets, totaling approximately 1.1 million BTC (~5.5% of total supply). On the other hand, U.S. spot ETFs also returned to aggressive net inflows in April after a choppy Q1 2026, totaling nearly $2 billion over the last four weeks. BlackRock’s IBIT remains the primary driver, adding ~21,500 BTC in just nine days. Major traditional financial firms also continue to enter the ETF sector, with Morgan Stanley launching its own Bitcoin ETF (MSBT) in April 2026, offering a competitive 14 bps fee to tap its vast advisor network. The smartest crypto minds already read our newsletter. Want in? Join them .
