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Cryptocurrency venture capital investment fell to $659 million in April, its lowest level since July 2024. The decline is attributed to a broader slowdown in market trading activity, which has prompted investors to scale back funding for crypto startups and early-stage firms. According to data from Cryptorank, the $659 million was raised across 63 funding rounds. This represents a 74% drop from March, which saw $2.6 billion raised in 84 rounds. The total year-to-date investment for 2026 now stands at $5.64 billion.

Iran has delivered a new proposal via Pakistan, Al Jazeera reported, citing sources. The sources indicated that with nuclear negotiations unlikely to succeed, the focus could shift toward ending the war.

Payment infrastructure startup Fun has raised $72 million (approximately 99 billion won) in a Series A funding round. The round was led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pasalus Capital, and Tinder co-founder Justin Mateen.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,016.69 on the Binance USDT market.

Iran has delivered its latest negotiation proposal to Pakistan, which is mediating talks with the United States, CCTV reported.

Whale Alert reported that 331,462,213 USDT has been transferred from an unknown wallet to Bitfinex. The transaction is valued at about $331 million.

Nasdaq 100 index futures have erased their intraday losses and turned positive.

USDT issuer Tether announced a net profit of approximately $1.04 billion in its financial report for the first quarter of 2026. Despite global market volatility, the company's total assets reached approximately $191.7 billion, while its reserves hit a record high of $8.2 billion. The company holds approximately $141 billion in U.S. Treasurys as part of its reserves, ranking it 17th globally among all holders of the government debt. Additionally, Tether strategically holds physical gold valued at $20 billion and Bitcoin worth $7 billion.

Iran has reportedly delivered its latest proposal to the United States through a Pakistani mediator.

Following a hack that left Kelp DAO with a collateral deficit of approximately 76,127 rsETH, Arbitrum governance is now considering a response. Voters are reviewing a proposal to unfreeze 30,765 ETH, valued at around $71 million, that had been locked by the security council, and to allocate the funds toward recovery efforts. The rsETH asset is currently severely undercollateralized. However, the ecosystem's recovery is expected to accelerate if the funds from Arbitrum are combined with a 43,000 ETH donation from DeFi United. The proposal is seen as a collaborative effort among DeFi protocols to contain the fallout from the hack and restore user confidence.

Minneapolis Fed President Neel Kashkari said the central bank should be clear that its next move could be either an interest rate hike or a cut.

Mike Dudas, founder of crypto media outlet The Block and a venture capitalist, has accused Eric Trump of conducting an "unpresidented" exit scam, citing media reports. The accusation follows the removal of Eric Trump's name from the leadership page of Alt5 Sigma Corp., a firm closely linked to World Liberty Financial Inc., a cryptocurrency company operated by his family. Eric Trump, son of President Donald Trump, had been appointed as an advisor and board observer for the company. Alt5 Sigma gained national attention last year after it began stockpiling World Liberty's crypto tokens. While Eric Trump's name was listed on the company's leadership page as recently as this past March, it was confirmed to have been deleted last week.

Tapp Exchange, a major decentralized exchange (DEX) in the Aptos ecosystem, has officially announced it is gradually shutting down its operations about one year after its launch. The exchange will maintain full protocol functionality and support asset withdrawals until May 31, 2026. Tapp Exchange launched in June 2025 and was noted as the first V4-style DEX on Aptos.

Prominent crypto whistleblower ZachXBT pointed out that crypto exchange Toobit announced the listing of BDAG, an alleged investment scam, about an hour ago. The account further emphasized that Toobit does not disclose any details about its co-founders, legal entity, or licenses.

According to data from Polymarket, bets predicting Bitcoin will surpass $80,000 this year are currently at 91%. The probability of it reaching $90,000 is 57%. Conversely, the probability of Bitcoin falling below $50,000 is currently 45%, while the chance of it dropping below $45,000 is 33%.

Bitcoin is showing upward momentum, rising above the $77,000 mark, but institutional investors are taking a cautious stance and preparing for a potential downturn, CoinDesk reported. The media outlet explained that while Bitcoin climbed 1.7% over the past 24 hours to approach $77,500 on robust, above-average trading volume, the derivatives market tells a different story. Open interest for put options with a $76,000 strike price expiring at the end of June surged by 22.5%, indicating clear demand for downside protection at current price levels. Concerns about future selling pressure have also grown after approximately $770 million worth of Bitcoin was deposited into exchanges last week, a common preliminary step before a sale. Market experts added that with Bitcoin reacting sensitively to macroeconomic variables, its ability to hold the key technical support level of $76,200 is critical.

Brazil's Central Bank (BCB) has tightened its control over cryptocurrency fund flows by banning the use of virtual assets for settling international payments. According to a resolution announced on Thursday, regulated electronic foreign exchange (eFX) providers must now use only traditional foreign exchange transactions or non-resident real-denominated accounts for overseas transfers, prohibiting the use of virtual assets. The measure is not intended as a blanket ban on cryptocurrencies but aims to block the inflow of assets like stablecoins into the regulated payment system to enhance the efficiency of foreign exchange supervision. Brazilian authorities determined that 90% of cross-border remittances are linked to stablecoins, which they believe increases the risk of tax evasion and money laundering. The central bank also expressed concern that stablecoins issued abroad without its oversight could undermine the nation's monetary sovereignty, signaling that it may move to expel them from the domestic market or impose strict restrictions in the future.

Listed cryptocurrency mining company Riot Blockchain has announced its financial results for the first quarter of 2026. The company reported total revenue of $167 million, with its newly expanded data center business generating its first revenue of $33.2 million. During the period, Riot mined a total of 1,473 bitcoins at an average cost of approximately $44,600 per coin. Additionally, the exercise of options by partner AMD has increased the company's contracted hashrate capacity to 50 MW. Riot stated that it currently holds approximately 15,679 bitcoins.

Despite the emergence of AI models like Anthropic's Claude Mythos that can automatically detect and exploit security vulnerabilities—a risk to the crypto market highlighted by DL News—75% of institutional investors still view Bitcoin (BTC) as an undervalued asset, according to Coinbase. David Duong, Head of Institutional Research at Coinbase, acknowledged that this type of AI could target weaknesses across protocols, exchanges, and infrastructure. However, he added that while the outlook for the next quarter is neutral, there are early signs of the market forming a bottom. BTC is currently trading at around $77,000, down approximately 40% from its October high.

Eastern Harbor, a fund managed by Chinese investor Duan Bin, has purchased an additional 31,700 shares of Circle. According to a filing, the stake is valued at approximately $3.02 million.

On-chain analyst Ali Martinez has raised the possibility of a further decline in Bitcoin (BTC), noting that its current price structure resembles the bottoming formation seen in 2022, CryptoPotato reported. He analyzed that if BTC faces resistance in the $80,000 to $82,000 range, its price could fall below $55,000. This resistance zone is reportedly concentrated with a significant whale sell wall. BTC has recently shown slowing upward momentum, repeatedly facing resistance around the $79,000 mark. Furthermore, on-chain data indicates that whales have recently transferred over 10,000 BTC, worth approximately $770 million, to exchanges—a move often interpreted as a precursor to selling. This has led to speculation in the market about a potential repeat of a bear market rally pattern, where a temporary rebound is followed by another significant downturn.

The United States could soon decide whether to resume military operations against Iran, an Israeli media outlet reported on May 1. The report comes as Israel is intensifying its preparations for a potential renewed conflict with Iran. According to Israel's Channel 12, Israeli officials are on full alert for the possibility of U.S.-Iran negotiations breaking down as early as next week. Citing a senior Israeli government official, the report added that the U.S. is increasing pressure on Iran over issues related to the Strait of Hormuz and may conduct military strikes against the country's energy facilities and government infrastructure.

Analyst Justin Low suggested today that Japan appears to have conducted a second currency intervention in response to sharp fluctuations in the yen. He explained that a second intervention would be more effective, as speculators caught on the wrong side of the trade would likely move to the sidelines. The dollar-yen exchange rate briefly plunged by 130 to 150 pips, falling back toward yesterday's low of around 155.55 before rebounding. Low noted that the Ministry of Finance's decision to intervene a second time indicates its determination to push the exchange rate below that level at any cost. However, he also pointed out that depleting foreign exchange reserves simply to send a message to the market would be wasteful, even with sufficient holdings. Low added that all current fundamentals are unfavorable for the yen, a fact he believes policymakers are aware of, describing the situation as a "desperate phase" amid the ongoing U.S.-Iran conflict and the continued closure of the Strait of Hormuz.

According to MLM Monitoring, global crypto VC Paradigm has transferred 2.14 million HYPE tokens, worth approximately $86 million, to Coinbase Prime over the past two days.

According to Onchain Lens, 400 BTC worth approximately $30.78 million has been withdrawn from Binance to a newly created wallet.