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    AAVE Price Prediction: Technical Setup Points to $105 Recovery Despite Current Stagnation

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    AAVE Price Prediction: Technical Setup Points to 5 Recovery Despite Current Stagnation


    Rongchai Wang
    May 03, 2026 08:49

    AAVE trades at $92.50 in neutral territory with whale positioning suggesting accumulation phase. Technical indicators support a potential move toward $105-110 over the next 30 days if key support a…

    Current Market Position

    AAVE finds itself in consolidation mode at $92.50, trading below major moving averages but showing signs of stabilization rather than capitulation. The token sits well off its 200-day average of $148.03, yet the technical picture suggests this may be basing action rather than continued decline.

    The momentum indicators paint a picture of indecision rather than bearish breakdown. RSI readings near 43.70 indicate neither oversold conditions that typically spark bounces nor the kind of momentum that drives sustained rallies. This neutral positioning often precedes directional moves as markets resolve their uncertainty.

    Derivatives Signal Divergence

    The derivatives landscape reveals more optimism than spot price action suggests. Open interest remains healthy at $55 million while funding rates stay modest at 0.0042%, indicating balanced positioning without excessive leverage that could trigger forced selling.

    Whale positioning data shows institutional players maintaining 60% long exposure versus 40% short positions. This asymmetric positioning by sophisticated traders suggests current levels are viewed as attractive accumulation zones rather than distribution points.

    The aggressive buying ratio of 1.35 confirms that active participants are willing to pay market prices rather than wait for deeper discounts. This behavior typically emerges when traders believe the downside is limited from current levels.

    Technical Resistance Mapping

    AAVE faces immediate resistance between $93.68-$94.85 that must be cleared to trigger upside momentum. Success in breaking this zone would open the path toward $105-110, where the 50-day moving average creates the next meaningful hurdle.

    The support structure at $90.65 appears robust based on recent price action and volume profiles. A decisive break below this level would shift the technical narrative bearish and potentially target lower support zones.

    Current analysis by Blockchain.news suggests the probability framework favors upside resolution, with the $105-110 target zone representing the most likely outcome over the next 30 days given current positioning and technical setup.

    Risk Assessment Framework

    The setup presents asymmetric risk-reward dynamics favoring long positions with defined risk parameters. Entry near current levels with stops below $90.65 support offers reasonable risk management while targeting the $105 resistance cluster.

    Broader DeFi sector dynamics support the recovery thesis as institutional adoption continues expanding despite recent market volatility. The protocol’s demonstrated resilience through recent challenges has reinforced rather than weakened its fundamental positioning.

    Failure scenarios remain limited to broader crypto market deterioration or breakdown of the $90.65 support level, both of which appear unlikely given current positioning and market structure dynamics.

    Blockchain.news Crypto Market

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    Crypto Industry Will Be ‘Just Fine’ If CLARITY Act Doesn’t Pass: Chris Perkins

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    Crypto Industry Will Be ‘Just Fine’ If CLARITY Act Doesn’t Pass: Chris Perkins

    The US crypto industry’s momentum won’t be derailed in the long term even if the much-anticipated CLARITY Act, aimed at bringing more regulatory clarity to the crypto industry, doesn’t make it through Congress, according to 250 Digital Asset Management CEO Chris Perkins.

    “If not, we’re going to be just fine,” Perkins said on Cointelegraph’s Chain Reaction podcast on Friday, emphasizing that the two major financial regulators are already building workable frameworks.

    Perkins pointed to ongoing efforts by US Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodities and Futures Trading Commission (CFTC) Chair Michael Selig, following the agencies’ joint interpretation released in March on how federal securities laws apply to crypto assets.

    Being labeled a security was once a “death sentence” for crypto

    “These guys are creating policy and precedent every single day, and they are giving us the one thing we’ve needed for a very long time, that certainty, that stability, and ultimately, a taxonomy,” Perkins said.

    “In the past, being a security was a death sentence; there was nowhere to go with it, and it just didn’t reconcile…now it is awesome to be a security,” he said.

    During the Joe Biden administration, under former SEC chair Gary Gensler, crypto tokens classified as securities typically faced enforcement action, delistings from major platforms, and had no clear pathway for compliance in the US market.

    Chris Perkins spoke to Cointelegraph journalist Ciaran Lyons on Chain Reaction on Friday. Source: Cointelegraph

    While Perkins said he’s not worried about the industry’s long-term outlook if the CLARITY Act doesn’t pass, he added that if it does become law, it would make it much harder for future administrations to roll back the regulatory clarity.

    “What you’ve done is you’ve essentially enshrined policy for a very long time, as hard as it is to pass a law, it is even harder to unwind a law,” Perkins said. “There is a reason why we say it takes an act of Congress to do something,” he added.

    CLARITY Act hopes rise

    Many industry participants have raised expectations that the CLARITY Act could pass soon after the publication of new stablecoin yield provisions on Friday.

    Related: Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

    “It’s time to get CLARITY done,” Coinbase chief legal officer Faryar Shirzad said in an X post on Friday, after US Senator Thom Tillis and US Senator Angela Alsobrooks published the final text aimed at settling the stablecoin yield dispute between the banking and crypto industries.

    US Senator Bernie Moreno recently said that he anticipates the CLARITY Act to “get done” by the end of May. On April 11, US Senator Cynthia Lummis said, “It’s now or never.”

    Magazine: AI-driven hacks could kill DeFi — unless projects act now

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    A16z Backs CFTC in Fight Against State Prediction Market Bans

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    A16z Backs CFTC in Fight Against State Prediction Market Bans

    A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.

    The venture capital heavyweight submitted the letter on Thursday in response to the CFTC’s advance notice of proposed rulemaking on prediction markets. It argues that state-level crackdowns, ranging from cease-and-desist letters to criminal charges, are creating barriers that undermine the federal agency’s mandate to provide “impartial access to its markets and services.”

    In recent weeks alone, the CFTC has filed lawsuits against Illinois, Arizona, Connecticut, New York and Wisconsin, claiming that those states overstepped by trying to regulate markets that fall under federal jurisdiction. A16z backed that position, arguing that forcing exchanges to block users based on their state of residence directly conflicts with the CFTC’s impartial access rules.

    “Being forced to deny impartial access to users in states that seek to license or prohibit certain event contracts will likely severely circumscribe available liquidity,” the firm wrote.

    Related: Prediction market battle gets closer to Supreme Court

    CFTC gets to define gaming: A16z

    State attorneys general have countered that platforms offering contracts on sports outcomes and political events are running unlicensed gambling operations. A16z pushed back on that framing, arguing that the CFTC, not state legislatures, holds the authority to define what constitutes “gaming” under federal commodities law, given the agency’s decades of oversight over event contracts.

    Beyond the jurisdictional fight, a16z also made a case for the social value of prediction markets, describing their pricing mechanisms as a distinct form of price discovery that surfaces crowd intelligence on uncertain outcomes. The firm also showed support for blockchain-based platforms, claiming that the onchain auditability of transactions makes regulatory oversight more effective.

    Kalshi and Polymarket trading volume. Source: Token Terminal

    The letter arrives amid the growing popularity of these platforms. As Cointelegraph reported, monthly trading volume reached $25.7 billion in March, with more than 80% of users classified as retail, defined as those trading less than $10,000.

    Related: Kalshi, Polymarket among 27 prediction platforms banned in Brazil

    Polymarket wants back into the US

    Polymarket is in talks with the CFTC to lift the ban that has kept American users off its main platform since a 2022 settlement, in which the company paid a $1.4 million penalty and agreed to block US customers over unregistered event contracts.

    A full return would require a formal commission vote, though the process may move faster given that four of the CFTC’s commissioner seats are currently vacant.

    Magazine: How to fix suspected insider trading on Polymarket and Kalshi

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M

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    Riot Posts 7M in Q1 Revenue as Data Center Arm Pulls in M

    Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.

    The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9 million from $142.9 million in Q1 2025, driven by lower average Bitcoin prices and a 24% rise in the global network hash rate. Riot produced 1,473 Bitcoin during the quarter, down from 1,530 a year earlier, while the average cost to mine one coin increased to $44,629 from $43,808, according to an announcement.

    “The first quarter of 2026 marks a definitive inflection point for Riot, as we officially transitioned into an active, revenue-generating data center operator,” CEO Jason Les said, adding that AMD’s decision to double its contracted capacity to 50 megawatts during the quarter validated the company’s ability to execute at institutional scale.

    AMD had initially contracted 25 megawatts before exercising an option to expand, bringing total contracted capacity to 50 megawatts of critical IT infrastructure.

    Related: CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone

    Riot holds $1.1 billion in Bitcoin

    Riot ended the quarter holding 15,679 Bitcoin, valued at roughly $1.1 billion based on a March 31 price of $68,222, with 5,802 coins held as collateral. The company maintained $282.5 million in cash, of which $76.9 million is restricted. Riot also said it sold more than $250 million worth of Bitcoin during the quarter.

    Meanwhile, engineering revenue, which covers infrastructure services, rose to $22.2 million from $13.9 million year-over-year, adding another layer of diversification to the company’s revenue mix.

    Riot’s stock closed up 7.31% at $18.50 on Friday, surging on the earnings release. The stock slipped 0.57% in after-hours trading to $18.40.

    Riot shares surge on earnings news. Source: Yahoo! Finance

    Related: Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero

    Bitcoin miners shift to AI

    Bitcoin miners are increasingly shifting toward AI infrastructure as tightening mining margins push the industry to seek more stable revenue streams. As Cointelegraph reported, Core Scientific is converting its Pecos, Texas site into a 1.5-gigawatt AI-focused data center campus, repurposing 300 megawatts of Bitcoin mining capacity and acquiring over 200 acres of land to support the buildout.

    Among other miners, MARA Holdings has acquired a majority stake in French AI infrastructure firm Exaion, while Hive, Hut 8, TeraWulf and Iren are also converting mining facilities into data centers.

    Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    AAVE Price Prediction: $80 Breakdown Imminent Before December Recovery to $120

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    AAVE Price Prediction: Technical Setup Points to 5 Recovery Despite Current Stagnation


    Peter Zhang
    May 02, 2026 08:52

    AAVE’s technical structure is cracking at $92 with bearish momentum accelerating toward $80 support. The setup demands a swift breakdown before any legitimate recovery can target $120 by year-end.

    AAVE’s Critical Juncture

    AAVE sits at $92.12 in a deteriorating technical position that’s about to resolve violently. The token has rejected every attempt to reclaim meaningful resistance while bears systematically dismantled support levels. This isn’t consolidation – it’s controlled demolition ahead of a capitulation move.

    The price action shows classic distribution patterns where smart money exits into retail strength. AAVE’s position deep in the lower Bollinger Band territory signals oversold conditions, but oversold can become more oversold in bear markets. The momentum indicators paint a picture of sellers in complete control, with buying interest evaporating at current levels.

    Market Structure Breakdown

    Derivatives positioning reveals the harsh reality facing AAVE bulls. While large traders maintain 60% long exposure, the aggressive selling pressure shown in the taker ratios demonstrates institutional distribution. These aren’t conviction longs – they’re trapped positions hoping for relief rallies that aren’t coming.

    The futures market structure shows declining open interest alongside price weakness, indicating position closures rather than fresh shorting. This typically precedes acceleration moves as remaining weak hands get flushed out. Spot volumes remain anemic, suggesting retail has already capitulated while institutions continue methodical selling.

    The Path Forward

    AAVE faces an unavoidable test of $80 support within the next two weeks. The technical damage is too severe for sideways grinding – this market needs a flush to clear the deck. Analysts at Blockchain.news recognize that sustainable rallies require proper basing processes, not false hope bounces.

    Once AAVE completes its capitulation move toward $80, the real accumulation phase can begin. The DeFi narrative remains intact long-term, but short-term price action must respect market structure. December presents the optimal window for recovery once selling exhaustion sets in.

    Target the $80 breakdown as your entry signal rather than trying to catch falling knives at current levels. The subsequent recovery should target $120 by December if broader crypto markets cooperate with seasonal patterns. Risk management remains paramount – this market punishes premature positioning.

    Blockchain.news Crypto Market

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    LDO Price Prediction: Relief Rally to $0.44 Before $0.30 Collapse

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    LDO Price Prediction: Relief Rally to alt=


    Joerg Hiller
    May 02, 2026 08:49

    LDO shows classic dead cat bounce signals with smart money accumulation against retail shorts. Target $0.44 resistance before inevitable breakdown to $0.30 support.

    Market Context: Why LDO is Moving Now

    Lido DAO trades in a textbook distribution phase after getting crushed from $0.52 highs. The sideways grind around $0.37 reflects broader DeFi weakness, but liquid staking demand keeps institutional money flowing despite retail capitulation. Bulls and bears remain deadlocked in a battle that will resolve violently.

    The 1.06% daily pump is meaningless noise within this larger consolidation. LDO sits 29% below its 200-day moving average – a breach this severe rarely reverses on first attempts. Analysts at Blockchain.news expect multiple false breakouts before any sustainable recovery begins.

    Indicator Alignment

    RSI at 50.97 shows zero momentum in either direction while MACD sits dead flat at the zero line. This neutral reading masks dangerous compression building beneath the surface. Bollinger Bands position LDO at 0.39 – low enough to suggest selling exhaustion but not oversold enough to guarantee a bounce.

    The daily ATR of $0.03 reveals volatility has compressed to critical levels. When price action gets this quiet, explosive moves follow. The question isn’t if LDO breaks out, but which direction it chooses.

    Whales & Analyst Targets

    Derivatives data exposes the real positioning behind LDO’s sideways action. Retail traders pile into shorts with a 0.68 long/short ratio while smart money maintains near-balanced 0.89 exposure. This divergence creates perfect conditions for a squeeze in either direction.

    The 1.57 taker buy/sell ratio confirms institutional accumulation despite bearish sentiment. Open interest dropped 5.91% as weak hands exit positions, reducing the float available for trading. With $13.1 million still committed, any catalyst triggers violent price swings.

    Strategic Positioning

    LDO faces immediate resistance at the $0.39 seven-day moving average, but the real battle happens at $0.44 upper Bollinger resistance. A break above this level opens the door to $0.52 previous highs, though rejection remains the higher-probability outcome.

    The bear case targets $0.33 lower Bollinger support initially, then breakdown toward $0.30 psychological support. Macro DeFi headwinds combined with LDO’s broken technical structure make this the primary scenario over the next month.

    Bulls need sustained volume above $0.39 to shift the narrative. Without it, expect a classic relief rally to $0.44 that traps late longs before the real selloff toward $0.30 begins.

    Blockchain.news Crypto Market

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    Bitcoin Doesn’t Need A Fresh Narrative To Reclaim $100K: Analyst

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    Bitcoin Doesn’t Need A Fresh Narrative To Reclaim 0K: Analyst

    Bitcoin may not need a new story or catalyst to push back above the psychological $100,000 level, which it has not traded above in nearly five months, according to MN Trading Capital founder Michael van de Poppe.

    ‘“There doesn’t need to be a narrative that pushes the price upwards,” van de Poppe said in an X post on Friday, after asking, “What narrative will bring Bitcoin to $100K?”

    “Price moves upwards, and the narrative will create itself,” van de Poppe said, adding:

    “That’s why simply using math, statistics, and logic is required in order to succeed, and that’s why these regions on Bitcoin are still good for accumulation.”

    Van de Poppe pointed out that attention has rotated elsewhere in the technology industry, with AI and other sectors “taking the spotlight” away from Bitcoin in recent months. At the time of market close on Friday, the stock price of Nvidia (NVDA), the largest AI stock by market capitalization, is up 5.08% since Jan. 1, while Bitcoin (BTC) is down around 10% over the same period.

    Bitcoin hasn’t traded above $100,000 in almost five months

    The last time Bitcoin traded at $100,000 was Nov. 13, just a month after the Oct. 10 $19 billion crypto market liquidation event, which many market participants attributed to the recent five-month downtrend. Bitcoin fell to a yearly low of $60,000 in February and has since recovered to $78,250 at the time of publication, according to CoinMarketCap. 

    Bitcoin is up 14.49% over the past 30 days. Source: CoinMarketCap

    Many crypto market participants still believe that Bitcoin needs a strong narrative to drive its price higher. In recent times, attention has centered on US Federal Reserve interest rate decisions, regulatory developments in the US, and spot Bitcoin exchange-traded fund (ETF) inflows as potential catalysts.

    Some also point to the potential passage of the US CLARITY Act, which aims to provide clearer rules for the industry, as a possible driver of Bitcoin’s upside.

    Some say the CLARITY Act will not boost Bitcoin’s price

    Others are not so sure. Veteran trader Peter Brandt told Cointelegraph in December that the CLARITY Act would be a positive step for the industry, but is unlikely to act as a major catalyst for upward movement in Bitcoin’s price.

    Related: Repeated Bitcoin profit taking near $77K suggests rally is losing steam

    “Is it a world-shaking macro development? Nope. Needed for sure, but not something that should redefine value,” Brandt said.

    Coinbase chief legal officer Faryar Shirzad said on Friday that “It’s time” for the CLARITY Act to be finalized after new stablecoin yield provisions were published on Friday.

    Meanwhile, White House crypto advisor Patrick Witt said at the Bitcoin Conference in Las Vegas this week that a “big announcement” on US President Donald Trump’s Bitcoin reserve is coming within weeks.

    Magazine: AI-driven hacks could kill DeFi — unless projects act now

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    DeFi’s Lose-Lose Problem on Freezing Stolen Funds

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    DeFi’s Lose-Lose Problem on Freezing Stolen Funds

    Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back.

    A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some stablecoin issuers, including Circle, have faced public backlash for slower or more limited responses in similar situations.

    Connor Howe, CEO and co-founder of cross-chain infrastructure project Enso, said that crypto protocols are not that different from centralized platforms or banks if a small group of people can freeze funds.

    “The differentiation from a bank compliance officer is less than DeFi idealists will ever admit,” Howe told Cointelegraph.

    The debate isn’t the usual kerfuffle between decentralization and centralization, but about who gets to intervene and how quickly they can act. In practice, it can determine whether stolen funds are stopped or slip through.

    Crypto community divided on Arbitrum’s decision to freeze stolen funds. Source: Joe Hall

    The limits of decentralization in DeFi

    To put it simply, the industry is split on whether protocols that call themselves decentralized should be able to freeze funds during exploits.

    Protocols like THORChain said they cannot freeze funds by design, even during exploits. Security researchers have questioned that claim, pointing to past cases where intervention did happen.

    THORChain founder’s defense against the security community. Source: JP Thorbjornsen

    Related: Crypto projects shut down as token models fail under pressure

    Bernardo Bilotta, CEO of stablecoin infrastructure platform Stables, said the function is necessary but must operate within clear constraints.

    “Freeze capabilities need to be narrowly scoped, time-limited and governed by transparent criteria that existed before the breach occurred,” Bilotta told Cointelegraph. “A protocol shouldn’t be making up the rules while the house is on fire.”

    Bilotta characterized choosing “philosophical purity” over user protection as “negligence.”

    The recent $293 million Kelp DAO exploit brought those discussions back into the spotlight as Arbitrum froze some of the stolen funds linked to suspected North Korean hackers. Some in the industry said the decision cut against DeFi’s grain.

    The Ethereum layer-2 network has a 12-member security council with the ability to carry out certain changes to the protocol. In emergency situations, it can do so through nine of the 12 in its multisig wallet.

    Arbitrum security council members are voted on by the network’s decentralized autonomous organization. Source: Arbitrum

    Howe said that transparency in how such security councils operate can still separate DeFi platforms from traditional finance or their centralized counterparts.

    “That’s notably different from a TradFi institution that invokes discretionary powers buried in their terms of service and guarded by their legal team,” Howe said.

    “There should be transparency in every protocol around who holds the keys, and the safeguards in place to prevent them from going rogue. If there’s no clear distinction, then it’s a vague claim of decentralization.”

    Centralized issuers face different constraints

    Centralized stablecoins are among the most-traded cryptocurrencies in the world. Tether’s USDt and Circle’s USDC are the largest, accounting for more than $266 billion in combined market capitalization.

    Both issuers have the ability to freeze their stablecoins, but they approach that function differently.

    While Tether freezes funds more quickly in most security breaches, Circle emphasizes legal process and jurisdiction before intervening, 

    “Let me be clear about something that is frequently misunderstood: when Circle freezes USDC, it is not because we have decided, unilaterally or arbitrarily, that someone’s assets should be taken from them,” Dante Disparte, the company’s head of global policy, wrote in a recent blog post.

    “Our ability to freeze funds is a compliance obligation — exercised only when we are legally compelled by an appropriate authority, through lawful process,” he continued.

    Circle was pushed to explain its stance after the recent $280 million exploit on Solana-based Drift protocol, also attributed to North Korea.

    Circle’s explanation did not cut it for security experts demanding answers. Source: ZachXBT

    Related: Ethereum’s EEZ could pull other blockchains into its orbit

    Bilotta said waiting for formal legal orders in cases with clear, onchain evidence of an exploit is a “failure of responsibility.”

    Who decides what counts as “extreme”

    Large-scale exploits, including those linked to North Korean actors, have pushed the industry into situations most would consider extreme, where hundreds of millions can be drained and laundered in real time.

    Such cases raise the question of who defines what qualifies as “extreme” and when intervention is justified.

    “This is the question the industry has been ducking the longest,” said Wish Wu, CEO of institution-focused layer-1 Pharos.

    “In practice, ‘extreme’ is too often defined after the fact by whoever holds the keys, which is exactly the failure mode decentralization was meant to avoid,” he added.

    Wu said the more credible approach is to define those conditions in advance and encode them into governance, even if that means accepting that some edge cases fall outside those rules.

    “Can a small, identifiable group move user funds before users have a fair chance to exit?” Wu asked.

    “If the answer is yes, then whatever the marketing says, the system is custodial in substance. If the answer is no, only then are we in an honest conversation about which governance and safety tradeoffs make sense for different use cases.”

    Below that line, decentralization loses its substantive meaning, he added.

    Magazine: AI-driven hacks could kill DeFi — unless projects act now

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

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    Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

    US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.

    Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data.

    With inflows in March and April offsetting outflows in January and February, Bitcoin ETFs now show about $1.47 billion in net inflows for 2026. The cumulative net inflows to the products since they launched have topped $58 billion.

    Monthly spot Bitcoin ETF flows in 2026. Source: SoSoValue

    The April inflows came alongside a 12% rise in Bitcoin, its strongest monthly gain since April 2025, when it rose more than 14%, according to CryptoRank.

    April’s data comes ahead of the 13F filing season in May, when major financial institutions will disclose their holdings in crypto ETFs for the first quarter of 2026.

    ETFs post $490 million in late-month outflows

    Late-month redemptions were not enough to offset April’s inflows. The ETFs saw around $490 million in outflows during three days in late April.

    BlackRock’s iShares Bitcoin Trust ETF (IBIT) was the dominant driver of gains in April, bringing around $2 billion in net inflows. On the other hand, Grayscale Investments’ Bitcoin Trust ETF (GBTC) was the biggest loser, with net outflows totaling around $280 million.

    Daily spot Bitcoin ETF flows by issuer since April 27, 2026. Source: Farside

    The Morgan Stanley Bitcoin Trust ETF (MSBT), which began trading on April 8, generated around $194 million in inflows, with no single day of outflows over the month.

    The first month of gains for Ether ETFs since October 2025

    April’s positive trend extended to some altcoin ETFs, with Ether (ETH) funds logging their first monthly inflow since October 2025, at $356 million versus about $570 million in October 2025.

    Still, Ether ETFs remain in negative territory after four months of 2026, with about $413 million in net outflows year to date, according to SoSoValue. The cumulative net inflows since launch stood at about $11.9 billion.

    Monthly spot Ether ETF flows since October 2025. Source: SoSoValue

    XRP funds also surged in April, logging their strongest month since December 2025 with $81.6 million of inflows. The ETFs saw about $124 million in net inflows across the first four months of 2026, while total cumulative inflows stand at around $1.3 billion.

    Related: Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

    Dogecoin (DOGE) ETFs rallied in April as well, logging $2 million of inflows, accounting for roughly 21% of total cumulative inflows of about $9.6 million.

    Meanwhile, Solana (SOL) ETFs saw $38.7 million in April inflows, the smallest monthly total on record, compared with cumulative inflows of about $1 billion.

    Magazine: Your guide to surviving this mini-crypto winter

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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    Brazil Central Bank Bars Virtual Assets From eFX Payments

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    Brazil Central Bank Bars Virtual Assets From eFX Payments

    Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.

    On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with the use of virtual assets prohibited.

    The restriction also applies under transitional rules for eFX providers that are not yet listed among approved provider categories. Those firms may continue providing eFX only if they apply for authorization from the central bank by May 31, 2027, but their payments and receipts must still use foreign exchange transactions or non-resident real accounts, not virtual assets. 

    The rule does not amount to a blanket ban on crypto transfers in Brazil. Instead, it closes off the use of crypto and stablecoins inside the regulated eFX channel, reinforcing the central bank’s effort to keep cross-border payment flows within supervised foreign exchange rails.

    English translated excerpt of the BCB Resolution No. 561. Source: BCB 

    Brazil tightens oversight of crypto-linked cross-border flows

    Brazil has been moving to fold virtual assets into its financial and foreign exchange rulebook as stablecoins become a larger part of the country’s crypto activity. 

    In November 2025, the central bank detailed new rules for virtual asset service providers, including authorization requirements and rules for services involving virtual assets in the foreign-exchange market.

    The central bank’s push follows concern over the use of stablecoins for payments and cross-border transfers. In February, Reuters reported that BCB Governor Gabriel Galipolo said that crypto use had surged in the country over the previous two to three years, with about 90% of flows linked to stablecoins. He said that raised concerns around taxation, money laundering and asset backing.

    Related: Spain emerges as leading EURC retail market in Europe, Brighty data shows

    The eFX rule comes as Brazil’s central bank has also signaled concern over stablecoins issued by companies outside its regulatory perimeter. In a technical note sent to Congress and seen by Cointelegraph Brasil, the central bank said stablecoins issued by entities not subject to BCB supervision could face a ban or strict conditions in the domestic market.

    The document said real-denominated stablecoins issued outside BCB supervision may pose risks to regulatory equality and monetary sovereignty, while foreign-currency stablecoins raise concerns around jurisdiction, capital flows and fragmentation of the payments system. 

    Magazine: AI-driven hacks could kill DeFi — unless projects act now

    Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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