Invest ideasNews
30 Apr 2026, 20:40
Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL
Carrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285 million from the Drift platform in minutes. Key Takeaways: Carrot ( DeFi Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit
30 Apr 2026, 20:36
Tether Positions USDT as Backbone of Bitcoin Economy
Tether CEO Paolo Ardoino likened Tether to Isaac Asimov’s Foundation series, stressing the need to build long-lasting financial systems Tether unveiled tether.wallet and a Bitcoin faucet program to introduce users to self-custody Bitcoin. Tether Investments suggested a tri-party merger between Twenty One Capital, Strike and Elektron Energy to create a vertically integrated Bitcoin company Tether, issuer of the USDT stablecoin, is cementing its position as infrastructure for Bitcoin and the broader cryptocurrency market. At the recent Bitcoin 2026 event in Las Vegas, Tether CEO Paolo Ardoino presented an inspiring keynote, evoking Isaac Asimov’s Foundation trilogy to describe Tether as building long-term foundations of civilisation through stablecoins, self-custody wallets, Lightning Network optimisation, and Bitcoin treasury management. The announcements included confirmation of Tether holding >140,000 BTC, a proposed game-changing merger of Twenty One Capital (XXI), Strike and Elektron Energy and new resources like the new tether.wallet Bitcoin faucet to encourage self-custody. These announcements come at a time when there is strong evidence that stablecoins have gone beyond speculation. What is Tether and Why is it Important? Tether is a blockchain-based stablecoin that was launched in 2014. USDT aims to remain pegged to the US dollar on a 1:1 basis by holding tokens in reserve assets like cash, Treasury bills, gold and Bitcoin. USDT is now the world’s biggest stablecoin and one of the most-traded cryptocurrency assets. It has a market capitalization of almost $189 billion as of 2026 with a daily trading volume of more than $121 billion. USDT has a 59% market share in the stablecoin market, which is over $320 billion. The stablecoin acts as: A bridge between cryptocurrency exchanges A hedge against volatility An inflation hedge in developing nations A payment and remittance infrastructure A settlement layer for crypto trading Stablecoin Real-Economy Payments Hit $350–550B in 2025 The conventional wisdom that stablecoins are mainly used for trading cryptocurrency is changing. Onchain analyst Leon Waidmann highlighted figures indicating that real stablecoin payments in the real economy grew to $350-550 billion in 2025, up 55% year-on-year and after adjusting for trading, treasury and other non-organic activity. The majority of the payments were business-to-business (B2B) with a volume of $150-230 billion, up 65%. Consumer-to-business (C2B) transactions were $90-130 billion, up 55%, and consumer-to-consumer (C2C) payments were also between $90-130 billion, up 75%. Business-to-consumer (B2C) payments amounted to $20-60 billion, up 50%. All segments grew more than 50%, with B2B remaining the largest and fastest-growing segment. The largest stablecoin, Tether (USDT), with nearly 58% market share, continues to play a pivotal role in facilitating these growing payment flows. Tether Builds Multi-Layered 140,000 BTC Treasury Beyond Public Tracking During the Bitcoin 2026 event, Tether CEO Paolo Ardoino revealed that the company is holding over 140,000 BTC. The news immediately caught the attention of on-chain analysts, with public data on Arkham Intelligence revealing that Tether currently holds only around 97,204 BTC. This leaves a significant gap of about 43,000 BTC. Market analysts believe the discrepancy is likely due to Tether’s complex custody and procurement practices, which focus on security and preventing market manipulation rather than full transparency on-chain. Possible explanations include: Bitcoins held in custody by institutional partners like BitGo or others in dedicated, non-publicly labeled addresses. Bitcoin purchased through Over-the-Counter (OTC) brokers, held in new, separate or newly labelled wallets to limit market impact on large transactions. Bitcoin allocated to Tether’s growing mining business that has yet to be added to the primary treasury accounts monitored by analytical platforms. Through its varied custody practices, Tether is likely accumulating a large and robust Bitcoin reserve for long-term strategic rather than short-term reporting needs. Tether Proposes Landmark Merger to Create Vertically Integrated Bitcoin Giant Tether Investments has formally proposed a triple merger between Twenty One Capital (XXI), Strike, and Elektron Energy into a vertically integrated Bitcoin powerhouse. The plan, announced on April 29 2026, seeks to transform XXI from a treasury-only holding company to the world’s leading “Bitcoin operating business”. The Business Model: XXI vs. MicroStrategy (MSTR) While MicroStrategy (MSTR) established the “leveraged treasury” model using debt to pilfer sats, the proposed XXI entity will be a cash-flow machine. Tether’s announcement stresses that this merger will take XXI “beyond treasury exposure alone” to a recurring revenue model. Integrated Revenue: Rather than MSTR’s passive build-up of BTC, XXI will merge Strike’s global payment network (operating in more than 100 countries) with Elektron’s enormous mining fleet (currently 50 EH/s, or about 5% of the global network hashrate). Synergy : Overseen by Jack Mallers (CEO) and Raphael Zagury (President), the entity will use its healthy balance sheet to provide lending, capital markets and payments services, building a sustainable ecosystem rather than merely a BTC price proxy. This integrated model means that XXI will be able to profit from the entire Bitcoin supply chain – mining to global payments. Feature Twenty One Capital (XXI) MicroStrategy (MSTR) Primary Model Revenue-Generating Operating Co. Passive Treasury Holding Co. Core Revenue Mining fees, payment processing, lending Legacy software services (minor related to BTC) Strategy Vertical integration (Mining+ payments) High- leverage BTC accumulation via debit/equity Infrastructure Owns Elektron Energy (50 EH/s mining power) No direct mining or physical infrastructure Global Utility Global rails via Strike (100+ countries) Primarily a financial proxy for BTC exposure Capital Efficiency Optimized BTC-per-share metrics (no legacy debt) High debt-to-equity ratio used for purchases Strike Unveils $2.1 Billion Credit Facility for Volatility-Proof BTC Loans Jack Mallers, CEO of Strike, recently announced a $2.1 billion Tether-backed credit facility to support its Bitcoin-backed lending business. The facility gives Strike a large pool to fund high demand for loans with no size limits. Rates have been modified in tiered pricing of 10.5% APR for loans under $250,000 and 7.49% APR for loans over $5 million. Another feature is the “volatility-proof” Bitcoin-backed loans, in partnership with Tether . Other crypto loans tend to be vulnerable to liquidation during price declines. Strike’s iteration of the loan seeks to eliminate or minimise this risk – reportedly via a voluntary premium to protect against liquidation regardless of the price of Bitcoin. In promoting transparency, Strike launched the first version of its lending reserves proof. This allows borrowers to ensure the Bitcoin they deposit is held in separate, on-chain addresses and not rehypothecated. The company will update quarterly with audits. These developments offer Strike’s lending suite greater borrower protection, while also furthering its integration with Tether’s core infrastructure. Conclusion These recent developments demonstrate Tether is outgrowing its stablecoin origin to become a central infrastructure player for Bitcoin. Tether is creating a full-stack financial services infrastructure around Bitcoin, including growing its BTC treasury and providing support for large-scale mining, global payments and Bitcoin-backed loans.
30 Apr 2026, 20:30
Bitcoin Crash Is Coming: Pundit Says It’s Time To Sell All Your BTC
A crypto analyst is sounding the alarm about Bitcoin (BTC), warning investors to sell their coins before the next price crash. According to the market expert, Bitcoin could be preparing for another major correction, but this time, it’s in the $40,000 range. Contrary to the widespread belief that Bitcoin has entered a new bull market, this analyst argues that the bear market is far from over and that it will end only after BTC hits its final cycle bottom. Analyst Warns Investors To Sell Bitcoin Now Orbion, a crypto market, has warned members of the Bitcoin community to consider exiting their positions immediately, predicting another major price crash ahead. He pointed to Bitcoin’s recent rally above $79,000, describing it as a bull trap that briefly attracted buyers before the price reversed back to previous lows as selling pressure increased. Related Reading: Bitcoin Bulls Should Be Wary Of This Level Or Investors Risk Getting Trapped According to Orbion, the move to $79,000 marked the final bull trap of its bear market cycle. He argued that there is no more meaningful demand left at the top, suggesting that the Bitcoin price will likely continue struggling to sustain any further upside momentum from current levels. Against this backdrop, the analyst is urging investors and holders to sell their coins to avoid losses. He believes that Bitcoin is now forming its final bear market bottom, which could trigger a drop toward the $40,000 region. His accompanying chart clearly displays this bearish setup, showing Bitcoin’s weakening momentum despite its recent rebounds to higher levels. The chart shows that since the flagship cryptocurrency reached an all-time high above $125,000 in October 2025, its price has been in a prolonged downtrend. It has also traded within a narrow descending channel for months, constantly making lower highs and lower lows. If price action plays out as Orbion says, Bitcoin could hit another lower high below $45,000, representing a more than 40% decline from current price levels above $75,000. The analyst believes a decline in this region is highly likely, marking it as BTC’s final cycle bottom. Analyst Sees No Chance Of BTC Hitting $100,000 This Year Sharing similar bearish sentiments, market analyst KillaXBT has boldly claimed that Bitcoin has “absolutely zero chance” of surpassing or even reclaiming the $100,000 level this year. He noted that 42% of market participants still hold hopes that Bitcoin can close the year with a bullish green candle. Because of this large scale, the analyst believes the current market sentiment has not yet reached true capitulation. Related Reading: Why The Bitcoin Price Could Hit $68,000 Again As a result, the analyst expects the next 90 days to be highly volatile and difficult for traders, likely marked by sharp, unpredictable price swings. He further warned that Bitcoin is more likely to crash toward sub-$60,000 levels than stage a recovery back above $100,000 in the near term. Featured image from Pixabay, chart from Tradingview.com
30 Apr 2026, 20:30
Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn
Analysts warn that the Bitcoin rally was fueled by speculative futures trading, mirroring conditions that preceded the 2022 crypto crash.
30 Apr 2026, 20:28
OpenAI Lawsuit: ChatGPT Did Not Report Violence, WLD Effect?
OpenAI has been sued for failing to report ChatGPT's violent plans. Sam Altman is being accused following the Tumbler Ridge school attack. Worldcoin (WLD) at $0.24, RSI 37.74, under pressure with s...
30 Apr 2026, 20:27
OKX partners as official sponsor for XRP Las Vegas 2026
🚀 OKX is now the official sponsor for XRP Las Vegas 2026. The event will take place on May 1 and features senior Ripple leaders. Continue Reading: OKX partners as official sponsor for XRP Las Vegas 2026 The post OKX partners as official sponsor for XRP Las Vegas 2026 appeared first on COINTURK NEWS .
