The post Bitcoin Price Near Bottom as Institutional Demand Surges, as Retail Demand Weakens appeared first on Coinpedia Fintech News

Bitcoin is trading near $76,000 after recent selling pressure, while big investors continue to show interest. This shows a growing gap between weak retail confidence and strong long-term buying by major players.

Crypto analyst Michael van de Poppe says Bitcoin is now at an important stage, with mixed signals showing a big move could come soon.

Institutional Crypto Interest Grows Despite Market Uncertainty

According to recent market observations, large financial firms are steadily increasing their exposure to crypto. Coinpedia news reported Morgan Stanley launched a spot Bitcoin ETF earlier this month, raising $100 million within its first week. 

Soon after, Goldman Sachs filed for its own Bitcoin investment product. At the same time, Deutsche Borse invested $200 million into Kraken, while Intercontinental Exchange made a similar move by backing OKX. 

These show that large institutions are focusing on building long-term infrastructure rather than reacting to short-term price swings.

Retail Activity at Lowest Level Since January 2025

Retail Bitcoin activity has fallen to its lowest level since January 2025.

Crpytoquant analyst darfost highlighted the chart showing transactions under $10K, which usually represent small investors. Demand has now dropped to -10%, showing weaker retail interest.

Retail investors have mostly stayed away during this cycle, with only a few short spikes in activity.

This matters because weak retail demand has often appeared during market corrections or near price bottoms.

Liquidity Signals Point to Strong Market Foundation

Another key trend is the rise in stablecoin supply, which is now at record levels. This indicates that capital is ready to enter the market when conditions improve. At the same time, Bitcoin ETFs have seen steady inflows since 14th April around $1.5 billion, helping absorb selling pressure. 

The current market setup suggests a shift from a highly leveraged environment to a more stable, spot-driven market.

Bitcoin Near Capitulation Point

Despite strong institutional activity, Bitcoin price action remains weak in the short term. 

Van de poppe note that bitcoin being at its capitulation point means the market may be near a bottom. The van de poppe note 11 indicators are flashing signals last seen in Q4 2022, when Bitcoin later began a strong recovery.

Funding rates are currently negative, meaning short sellers are paying long positions. The futures premium is also at its lowest since 2022, showing low bullish confidence. 

The post MegaETH Launches on Top Exchanges as MEGA Price Jumps appeared first on Coinpedia Fintech News

MegaETH (MEGA), a new Ethereum Layer 2 network focused on real-time performance, is listing across multiple major centralized and decentralized exchanges simultaneously, including KuCoin, Bitget, Bithumb, Upbit, and Coinbase on 30th Arpil 2026.

According to the coinmrket cap, Mega token’s pre-launch price surged past $0.195, jumping over 8% in a day. 

MegaETH (MEGA) Goes Live on Exchanges

MegaETH (MEGA) launched on April 30, 2026, across several major exchanges, announcing support for MEGA trading and deposits. 

KuCoin started with a “World Premiere” listing, one of its biggest launch categories. The MEGA/USDT spot trading pair went live on April 30.

Bitget also listed MEGA for spot trading. Deposit services opened first, while trading started later the same day.

In South Korea, one of the world’s busiest crypto markets, Upbit, Bithumb, and Huobi HTX confirmed MEGA listings on April 30. Upbit, the country’s largest exchange, launched trading pairs in KRW, BTC, and USDT.

Bithumb listed MEGA against the South Korean Won, giving local traders another way to buy the token.

Meanwhile, Huobi HTX listed MEGA on launch day, with deposits opened earlier.

Coinbase & Binance Exchanges Yet to Confirm

Coinbase, known for being very selective with new listings, opened deposit support for MEGA before the token generation event (TGE). This was seen as a strong positive sign, as Coinbase usually adds support only when it expects solid demand.

Binance has not yet confirmed a spot trading listing based on the latest reports. However, Binance Square has been sharing verified official updates about the MEGA launch, keeping hopes alive for a future listing.

MEGA Also Listing On Decentralized Exchange

On the decentralized exchange side, Kumbaya is the leading native DEX on the MegaETH network, holding a strong share of trading volume.

Prism is another decentralized exchange with active MEGA trading activity.

SectorOne V2.2 is also a decentralized platform that supports assets within the MegaETH ecosystem.

MEGA Price Surges Ahead of Launch

Before the official token generation event (TGE), MEGA saw strong buying activity. The token briefly crossed $0.215 and is currently trading near $0.197, marking an 8% daily gain. 

MegaETH has a total supply of 10 billion tokens. Only 5% was allocated to the public sale, helping keep early supply limited.

The biggest share, 53.3%, is reserved for staking rewards to support long-term users. Team and advisors hold 9.5%, while the Foundation and Ecosystem Reserve gets 7.5%.

The remaining 24.7% is for investors and reward programs.

Early data shows the network already holds around $200 million in total value locked (TVL) and is processing about 26 transactions per second. These numbers suggest that the chain is active from the start.

The post Bitcoin ETF Inflow Stops After $2.1B Run, Outflows Cross $490M appeared first on Coinpedia Fintech News

U.S. spot Bitcoin ETFs have now recorded their third straight day of outflows, with total withdrawals crossing $490 million. Following this selling pressure, Bitcoin price dropped 3% after the Federal Reserve kept interest rates unchanged, and is now trading at $75,621.

Last week alone recorded a strong consecutive inflow of $823.7 million, contrasting sharply with the recent outflows.

Three Days, $490 million in BTC ETF Outflow

It has been a rough week for Bitcoin ETFs. Since the start of this week, money has been leaving these funds for three straight days.

On Monday, April 27, the biggest hit came in the form of $263.2 million in net outflows from ETFs. This was the largest single-day withdrawal of the week. April 28 brought a little relief, but money continued to leave. Another $89.7 million flowed out of the market.

Then on April 29, the day of the Fed’s rate decision, ETFs recorded another $137.6 million in outflows. This confirmed that the selling was not just a one-day event, but part of a growing trend.

Leading the withdrawals was Fidelity’s FBTC, which recorded the largest outflow of $191.5 million. It was followed by BlackRock’s IBIT, the largest spot Bitcoin ETF by assets under management, with $166.9 million in outflows. Ark Invest’s ARKB came next with $73.3 million.

In total, more than $490 million was pulled from U.S. spot Bitcoin ETFs in less than 72 hours.

This outflow comes right after nine consecutive days of inflows, during which Bitcoin ETFs recorded steady inflows totaling $2.111.2 billion.

Fed Held Rates, No Hope of Cuts Soon

The main reason behind this week’s ETF outflows is that the Federal Reserve kept interest rates unchanged at 3.50%–3.75%. This was the third straight time rates were left unchanged.

Fed Chair Jerome Powell’s press conference also disappointed markets. He gave no signal of rate cuts anytime soon. There was no softer stance on inflation and no sign that easier financial conditions are coming soon.

Iran and the Strait of Hormuz Tension

Tensions between the United States and Iran have increased sharply in recent weeks, with much of the focus on the Strait of Hormuz.

Recently, Donald Trump said the strait could be blocked again if Iran does not surrender. This has added more fear and uncertainty to global markets.

The rising tension this week is creating a cautious mood among investors, and that fear is clearly showing in the Bitcoin ETF outflow numbers.

What Next For Bitcoin

After falling near $74,000 earlier this month, Bitcoin recovered strongly and moved back toward the $80,000 level.

However, much of that gain now appears to be erased, with Bitcoin trading around $75,621. If ETF outflows continue, BTC could soon retest the $74,000 support level again.

Even so, many traders still believe Bitcoin can move toward $85,000 to $88,000 in May, as long as macro conditions do not worsen further.

The post First Prediction Market ETFs to Launch Next Week – Bloomberg Analyst appeared first on Coinpedia Fintech News

The U.S. ETF market may be about to enter a completely new phase. Bloomberg ETF analyst James Seyffart says the first-ever prediction market ETFs may begin trading next week, letting investors bet on U.S. election outcomes like regular stocks.

This comes after Roundhill’s latest filing showed a May 5 effective date, opening the door for six new ETFs tied directly to upcoming U.S. political races.

New Type of ETF Is About to Launch

It all began on February 14, when New York-based fund issuer Roundhill Investments filed for a new group of ETFs linked to political prediction markets.

The RPM Democratic President ETF and RPM Republican President ETF are tied to the outcome of the 2028 U.S. presidential election.

The RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF, and RPM Republican House ETF focus on the November 2026 midterm elections, tracking which party wins control of Congress after the votes are counted.

Now, these six prediction-based ETFs could go live as early as next week.

If launched, they would give investors a new way to take positions on political outcomes through regular ETF products.

Prediction Market ETFs Set to Launch on May 5

Bloomberg senior ETF Analyst James Seyffart quickly noticed the latest filing and said, 

“Looks like we are going to see prediction market ETFs launch next week.” Roundhill’s filing now shows an effective date of May 5, signaling that launch day may be close.

Six funds are included, all tied directly to real U.S. political outcomes. These products would let investors take positions on which party wins control of the House, Senate, or future presidential races.

Seyffart said this is part of a bigger trend he calls the financialization and ETF-ization of everything, where almost anything people can speculate on may eventually become an ETF product for mainstream investors.

Bitwise and GraniteShares Could Follow

Roundhill may not be the only issuer launching soon. GraniteShares and major crypto ETF firm Bitwise also filed similar products in February.

Seyffart expects all issuers to launch around the same time, meaning the week of May 5 may bring multiple prediction market ETFs to the market at once.

I'm expecting all filers to likely launch on or around the same day. That means we should be on the lookout for @Bitwise and @graniteshares to have similar filings in coming days (or hours).

— James Seyffart (@JSeyff) April 28, 2026

He added that investors should now watch for similar updated filings from Bitwise and GraniteShares in the coming days.

Prediction Markets Are Already a Multi-Billion Dollar Business

Prediction markets have grown rapidly in recent years, especially during major political events. Platforms like Polymarket and Kalshi became popular by letting users trade contracts based on real-world outcomes.

The two leading U.S. platforms reportedly recorded a combined $24.3 billion in trading volume in March 2026 alone.

Now, Wall Street appears ready to bring the same idea into ETF form. 

If successful, these products could attract investors who prefer using regular brokerage accounts instead of separate prediction market platforms.

The post FOMC Meeting Today: Powell Speech and Fed Interest Rate Decision Could Move BTC, ETH, XRP and Altcoins appeared first on Coinpedia Fintech News

Today, the Federal Reserve is set to announce its April interest rate decision, and Jerome Powell’s press conference begins at 12:00 AM IST. The market maker tool currently shows a 100% probability that the Fed will hold rates unchanged 

Bitcoin is trading around $77,044 heading into the announcement. 

Fed To Hold Interest Rate For Third Hold in a Row

According to the CME FedWatch Tool, the market is 100% sure that the Fed will keep the rates unchanged at 3.50%–3.75%.

This rate decision is widely seen as a formality. 

However, inflation is still above the Fed’s 2% target, and while growth has slowed slightly, the economy remains stable. Even so, the job market has stayed surprisingly resilient, payroll growth has been steady, and unemployment is sitting around 4.3%. Oil prices have climbed following

This gives the Fed little reason to rush into rate cuts.

Because of this, traders are not expecting any surprise move. Instead, all attention is on Fed chair Jerome Powell’s speech for the further timeline for cuts.

Two Key Possible Scenarios That Matter

Jerome Powell’s speech is expected to drive the market. With his term ending in mid-May 2026, this could be one of his final major appearances.

Because the rate decision is already expected, markets are focused on his tone. Experts see two main outcomes for crypto.

Scenario One — Hawkish Tone

If Powell stays strict and focuses on high inflation, rising oil prices, and delays rate cuts, markets may react negatively.

In this case, the U.S. dollar could rise, bond yields may increase, and risk assets like Bitcoin could face pressure. Crypto may see short-term selling, with altcoins likely dropping more than Bitcoin.

Looking at the past trends, it shows that Bitcoin can move 5% to 10% in a single day after such signals. This scenario would mean a longer wait for easier money.

Scenario Two — Dovish Tone

If Powell sounds more relaxed and suggests inflation may cool soon, markets could turn positive quickly. A softer tone could weaken the dollar, lower yields, and boost risk appetite. Bitcoin and Ethereum may move higher, while altcoins could see stronger gains.

Even a small hint toward future rate cuts could act as a trigger for Bitcoin to break above its current resistance levels.

Bitcoin Holds Strong, But Faces Key Levels

Crypto analyst Michael van de Poppe shared a clear view on Bitcoin’s current setup. According to his analysis, Bitcoin is holding an important support area near $73,500. As long as this level remains strong, the overall market structure stays positive.

Van de Poppe highlighted three key levels traders should watch closely tonight:

The first level is $80,646, which needs to be broken and held for further upside momentum. If Bitcoin moves above that, the next major resistance stands near $86,549, shown as the next big test for bulls.

On the downside, the $71,438 to $73,408 range is the key support zone that must hold if price pulls back. Lastly, Van de Poppe also pointed to $100,739 as the larger long-term target.

The post XRP News Today: CLARITY Act and NYSE Commodity Filing Strengthen XRP Outlook appeared first on Coinpedia Fintech News

The New York Stock Exchange formally named XRP as an eligible commodity in a rule change filing published by the SEC within the last 48 hours, placing it in the same category as Bitcoin, Ethereum, and Solana. 

At the same time, Cynthia Lummis warned at Bitcoin 2026 that the window for crypto laws may close sooner than many expect.

Clarity Act Window May Not Stay Open for Long

Crypto researcher Ripple Bull Winkle connected the dots between the two very important pieces of news.  

Senator Cynthia Lummis said at Bitcoin 2026 that the House, Senate, and White House are currently aligned on crypto laws. She noted this kind of support is rare in Washington and may not last long.

Right now, the focus is on the CLARITY Act, which aims to define digital assets as commodities or securities clearly. This decision matters because it shapes how exchanges list tokens, how banks use them, and institutional money entering markets.

Lummis warned if the bill fails now, crypto adoption may slow, and new laws may not come until 2030.

NYSE Named XRP an Eligible Commodity

At the same time, another important step happened in Washington. The New York Stock Exchange filed a rule change with the SEC, listing XRP as an eligible commodity alongside Bitcoin, Ethereum, and Solana.

That is important because the NYSE is the world’s largest stock exchange. When it uses that label in an official filing, it shows a serious, legally reviewed view of XRP’s status.

According to Ripple Bull Winkle, these events together show XRP gaining stronger support during a key regulatory moment for crypto.

$59 Million Settled for Less Than a Cent in Fees

Beyond regulation, activity on the XRP Ledger is also increasing. A recent transaction involving Ripple’s stablecoin settled $59 million on-chain with just a fee of $0.000188. 

This shows the network is already being used for real payments, not just speculation. 

Activities like this support the view that XRP could play a bigger role if global financial systems begin to move on-chain.

XRP Model Shows 13,000x Rally if Adoption Grows

Bull Winkle shared a model showing how the XRP price could grow based on different levels of real-world use. The model gives five possible outcomes, ranging from 12x to 13,000x from current levels.

The valuation model's lowest scenario — remittance and SME corridor flows — is already executing.

On ledger.

With Ripple's own stablecoin.

At near-zero cost.

The model doesn't flag that scenario as a projection.

It flags it as a validation.

— Ripple Bull Winkle | Crypto Researcher (@RipBullWinkle) April 29, 2026

The lower target is based on current use cases like cross-border payments and business transfers. XRP is already being used on the XRP Ledger with RLUSD for fast and low-cost payments.

The higher targets depend on XRP becoming a bridge asset for global payments and tokenized assets.

If more money moves from old banking systems to blockchain networks, XRP could become more valuable as a key liquidity tool.

As of now, the XRP price is trading around $1.38, reflecting a slight drop seen in the last 24 hours.