Analysis indicates that passive, index-tracking fund flows might elevate Bitcoin's price to $105,000 this summer. According to NS3.AI, the thesis highlights approximately $58.4 billion in inflows into U.S. spot Bitcoin ETFs, suggesting a strong structural demand for the cryptocurrency.

Intel's stock surged by 7%, marking a new all-time high. According to Odaily, the company's shares have risen by 105% this month.

Key Takeaways Coinbase (COIN) fell 6.98% at the US market open on April 29, leading crypto-related stock lossesStrategy (MSTR) dropped 1.80%, Circle (CRCL) fell 2.48%, SBET declined 2.60%, and Bitmine (BMNR) lost 1.91%The Dow Jones edged up 0.04% while the S&P 500 slipped 0.07% and the Nasdaq fell 0.28% at the openNXP Semiconductors surged 21.7% on strong Q2 earnings guidance, lifting ON Semiconductor 6.4% and Microchip Technology 4.8% Cryptocurrency-related stocks fell broadly at the US market open on April 29, with Coinbase leading losses at nearly 7% even as the wider equity market showed a mixed picture and semiconductor stocks surged on strong earnings signals. Coinbase (COIN) dropped 6.98% at the open, the sharpest decline among major crypto equities. Strategy (MSTR) fell 1.80%, Circle (CRCL) shed 2.48%, SBET declined 2.60%, and Bitmine (BMNR) lost 1.91% -- a broad-based selloff that reflects the pressure on Bitcoin-correlated equities as BTC continues to struggle below $77,000 following three rejections near $79,000. The crypto stock weakness contrasts sharply with the broader semiconductor sector. NXP Semiconductors surged 21.7% after issuing strong second-quarter earnings guidance, pulling ON Semiconductor up 6.4% and Microchip Technology up 4.8% in sympathy -- a divergence that highlights how crypto equities are trading on their own risk dynamics rather than tracking the broader tech sector. The major US indices opened mixed, with the Dow Jones Industrial Average barely positive at +0.04%, the S&P 500 slightly negative at -0.07%, and the Nasdaq Composite down 0.28% -- a subdued open ahead of the Federal Reserve's policy decision and a heavy slate of megacap tech earnings due Wednesday and Thursday.

The U.S. refinery utilization rate for the week ending April 24 was reported at 89.6%, surpassing the expected 89.3%, according to Jin10. The previous week's rate was recorded at 89.1%.

U.S. EIA crude oil inventories for the week ending April 24 decreased by 6.234 million barrels, compared to an expected decrease of 231,000 barrels and a previous increase of 1.925 million barrels. (Jinshi)

Kevin Warsh, President Trump's nominee for the next Federal Reserve chairman, won the Senate Banking Committee's vote 13-11, paving the way for his confirmation by the full Senate before Jerome Powell's term ends on May 15. The nomination will then be put to a full Senate vote. Warsh's nomination had been blocked by Republican Senator Thom Tillis until the Justice Department agreed last week to temporarily drop its criminal investigation into cost overruns at the Fed's Washington headquarters renovation project. This vote makes the prospect of the Fed under Warsh's leadership becoming the largest reshuffle of the US central bank in years a reality. In his bid for Trump's nomination, Warsh envisioned a "regime change," promising to shrink the Fed's $6.7 trillion balance sheet, establish a new inflation management framework, and change the way the central bank communicates with the public. However, he offered little detail on how to achieve these goals. (Jinshi)

Markets are closely monitoring the upcoming Federal Reserve decision and the first-quarter earnings reports from major tech companies, including Amazon, Alphabet, Microsoft, and Meta. According to NS3.AI, these companies are collectively projecting approximately $600 billion in capital expenditures by 2026. The Federal Open Market Committee (FOMC) is anticipated to maintain its target interest rate range between 3.50% and 3.75%. Traders are particularly attentive to Chair Jerome Powell’s press conference, as well as commentary on cloud and AI spending, which may provide insights for Bitcoin investors.

Squads has successfully raised $18 million in a strategic funding round led by Solana Ventures, aimed at expanding its stablecoin platform, Altitude. According to NS3.AI, the funding round, which was a single priced equity tranche, concluded in December. This latest investment brings Squads' total funding to $42.9 million. Since its public launch last December, Altitude has processed over $200 million in payments, highlighting its growing influence in the stablecoin market. Co-founder and CEO Stepan Simkin emphasized the significance of this funding in enhancing the platform's capabilities and reach.

According to Bloomberg, Kevin Warsh, President Donald Trump's nominee to lead the Federal Reserve, cleared the Senate Banking Committee on Wednesday in a 13-11 party-line vote, putting him on track for full Senate confirmation before Jerome Powell's term expires May 15. Warsh has pledged to shrink the Fed's $6.7 trillion balance sheet, overhaul its inflation framework, and revamp public communications, while vowing to defend the central bank's independence amid Trump's stated desire for immediate rate cuts. Democrats, led by Senator Elizabeth Warren, warned the confirmation would hand Trump undue control over monetary policy.

According to Arkham's monitoring, Grayscale transferred 3,004 ETH to Coinbase about an hour ago, worth $6.95 million.

Telegram's escrow market has gradually formed an underground service system that integrates escrow matching, fund settlement, merchant management and traffic distribution, and has shown obvious platform-based and network-based development characteristics.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

In the era of AI acceleration, the real question Ethereum needs to answer is no longer how to be faster and cheaper.

On April 20, 2026, the Hong Kong Securities and Futures Commission (SFC) issued a circular regarding the trading of tokenized SFC-approved investment products (hereinafter referred to as tokenized products) on the secondary market, providing a new trading channel option for such products.

Whether the Federal Reserve is still willing to retain the policy hint that "the next step is more likely to be a rate cut," or begins to acknowledge that the risks have shifted in both directions.

This window of opportunity will also be crucial for the UAE to adjust its pace and increase production across the board.

Before those outside the cryptocurrency community even realized it, the rebuilding of financial infrastructure had already crossed a critical point.

I thought this crazy AI update frenzy was over, but DeepSeek, which just released V4 last week, suddenly delivered an even bigger surprise.

A software founder’s account of a catastrophic failure is reigniting concerns about the risks of deploying AI in live environments, after an autonomous coding agent reportedly deleted an entire production database and its backups in just seconds.

KelpDAO, Artificial Intelligence, AI Cannot Save Human Foolishness: The Real Blind Spot in Blockchain Security Seen Through the $292 Million KelpDAO Incident (Jinse Finance) Problems that AI Auditing Cannot Solve Need to Be Solved by Humans.