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Crypto Holds Uptrend as Institutional Flows Offset Broader Commodity Pressure

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Bitcoin and Ethereum remain supported by steady institutional allocation, with ETF demand, lower leverage, and improving spot participation keeping both assets in a constructive short-term trend.

The current move is not being driven by aggressive speculative positioning, which gives the rally a firmer base than earlier cycles shaped mainly by retail momentum.

In the short term, BTC is expected to break above $80,000-$85,000 with sustained inflows, while ETH follows with gains toward $2,800-$3,000, driven by ecosystem upgrades and broader adoption.

Gold holding near elevated levels reflects continued demand for defensive assets as markets price geopolitical uncertainty, sticky inflation expectations, and slower policy easing across major economies.

This increasingly shows that capital is being distributed across multiple stores of value rather than concentrated in a single hedge.

Oil staying elevated adds another layer of macro pressure because higher energy costs can delay rate-cut expectations and tighten liquidity conditions.

For digital assets, this means upside remains linked to whether institutional inflows continue absorbing macro volatility rather than reacting to it.

If that continues, crypto remains positioned as part of broader portfolio construction.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Western Union Stablecoin Push Gains Steam With May USDPT Rollout

Tatevik Avetisyan
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Western Union Stablecoin Push Gains Steam With May USDPT Rollout

Western Union plans to roll out its new USDPT stablecoin in May, as the money transfer company moves deeper into digital assets, settlement tools, and stablecoin-based payments.

The company outlined the plan during its first-quarter earnings call on Friday. Western Union President and CEO Devin McGranahan said the company has moved past early testing and now wants to scale its digital asset strategy.

“Over the last few months, we’ve crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we scale,”

McGranahan said.

Western Union USDPT Stablecoin Nears May Launch

USDPT will serve as Western Union’s US dollar-backed stablecoin. A stablecoin is a digital token designed to keep a steady value, usually by linking it to a currency such as the US dollar.

“At the foundation of our strategy is USDPT, our US dollar-backed stablecoin. USDPT is now in its final stages of readiness and is expected to go live next month,”

McGranahan said.

Western Union first announced USDPT in October. The company said the stablecoin would run on Solana and would be issued by Anchorage Digital Bank.

The company plans to connect USDPT with its digital asset network. That setup would allow users and partners to move funds through digital rails while still linking to Western Union’s broader payment system.

McGranahan said exchange partners will support access, conversion, and distribution of USDPT. He also said banking and financial institution partners in priority corridors will support direct settlement and treasury use cases.

“Together, these relationships position USDPT as a foundational asset for scaling digital payments and settlement across our platform,”

he said.

Western Union Digital Asset Network Adds First Partner

Western Union also said its digital asset network, known as DAN, will add its first partner this week. The network aims to let stablecoins and other cryptocurrencies move across Western Union’s global payment system.

The system also links digital assets to real-world cash access. That matters for users who hold crypto but still need local currency through physical payout locations.

“Our partner pipeline represents tens of millions of crypto wallets globally, creating a powerful distribution channel that brings digital asset users directly into Western Union’s retail and digital network, solving an industry-wide issue of ramping from crypto to cash as a safe and effective utility,”

McGranahan said.

Last month, Western Union said DAN would allow users to convert digital dollars into local currency at more than 360,000 collection points worldwide.

That structure places Western Union’s retail network inside its digital asset plan. The company already operates in money movement, remittances, and cross-border payments, so the network links stablecoins with existing payout infrastructure.

Western Union’s plan also includes exchange partners, banking partners, and financial institutions. These groups will help users access USDPT, convert it, distribute it, and settle payments.

Stablecoin Market Tops $320 Billion As Western Union Enters

Western Union is moving into a stablecoin market worth about $320 billion, according to DefiLlama data cited in the report.

US dollar-denominated stablecoins hold most of that market. Tether’s USDt, also known as USDT, leads with more than $189.7 billion in market capitalization.

Circle’s USDC follows with about $77.7 billion. Sky Dollar ranks behind them with around $8.2 billion.

Stablecoins have gained more attention from banks, payment firms, and corporations. Earlier this month, Lamine Brahimi, co-founder of crypto custody provider Taurus, said banks and companies across Europe were choosing infrastructure partners for stablecoin adoption.

For Western Union, the strategy includes more than one product. Along with USDPT and DAN, the company plans to launch a US dollar stable card later this year.

The card would let users hold and spend stablecoins. Western Union said the product fits into its wider plan to add digital assets to its core money movement platform.

“The focus ahead is scaling, expanding adoption, increasing velocity, and embedding digital assets more deeply into Western Union’s core money movement platform,”

McGranahan said.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: April 27, 2026 • 🕓 Last updated: April 27, 2026

Kevin Warsh Fed Pick Clears Key Senate Block After DOJ Ends Powell Probe

Tatevik Avetisyan
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Kevin Warsh Fed Pick Clears Key Senate Block After DOJ Ends Powell Probe

Republican Senator Thom Tillis said he will now support Kevin Warsh for Federal Reserve chair after the US Department of Justice closed its three month probe into Jerome Powell.

The move removes a key Senate obstacle for Warsh, a former Fed governor, as Powell’s term nears its end on May 15.

Tillis, who sits on the Senate Banking Committee, had warned that he would not support Warsh’s confirmation while the criminal investigation into Powell remained open.

Kevin Warsh Confirmation Gets Boost From Thom Tillis

Tillis announced his decision Sunday in a post on X. He said he received assurance that the DOJ investigation into Powell had ended.

The probe focused on the Federal Reserve’s billion dollar headquarters renovation project. It lasted three months and raised concerns over the central bank’s independence.

“I have been clear from the start: the U.S. Attorney’s Office criminal investigation into Chair Powell was a serious threat to the Fed’s independence, and it needed to end before I could support Kevin Warsh’s confirmation,”

Tillis said.

He also backed a separate inspector general review into the matter.

“I welcome the inspector general’s investigation. This is a necessary and appropriate measure, and I have confidence it will be conducted thoroughly and professionally,” he added.

The decision matters because Tillis had leverage inside the confirmation process. As a Republican member of the Senate Banking Committee, he could have slowed or blocked the nomination.

He could have used a procedural hold. He also could have withheld his vote and stopped the committee from sending Warsh’s nomination to the full Senate.

Kevin Warsh Fed Vote Moves Toward Senate Banking Committee

The Senate Banking Committee has scheduled its vote for April 29. The full Senate vote does not yet have a set date.

However, the vote could happen during the week of May 11, according to the reported timeline. That would place the confirmation process close to the end of Powell’s term.

Powell’s tenure is set to end on May 15. If the Senate confirms Warsh, he would likely take office in the following days.

The confirmation process comes at a sensitive time for the Federal Reserve. The central bank faces pressure over interest rates, inflation, and broader market conditions.

President Donald Trump has repeatedly pushed Powell to cut interest rates. That pressure has added attention to the next Fed chair and the direction of monetary policy.

Still, Warsh has not clearly said how he would move on rates. He has said Trump has not pressured him. He has also said Fed decisions would remain independent.

Kevin Warsh Fed Policy Could Matter For Crypto Markets

The crypto market is watching Warsh’s possible leadership because Fed policy often affects risk assets. Higher interest rates can make investors less willing to hold assets such as cryptocurrency.

Warsh has often been viewed as hawkish on fiscal policy and rate cuts. That means he has usually supported tighter financial conditions rather than fast rate reductions.

Because of that record, some market participants believe his leadership could weigh on higher risk assets. However, his exact policy direction as Fed chair remains unclear.

At the same time, Trump’s public pressure for lower rates has raised questions about whether Warsh could take a different path from Powell.

Warsh has not given a clear signal on future rate cuts. He has also avoided saying that political pressure would shape Fed policy.

For crypto, the discussion also includes Warsh’s personal exposure to digital assets. His recent investment disclosures showed exposure to more than 30 crypto projects.

Those disclosures included assets such as Solana. They also included decentralized exchange exposure, including dYdX.

That has made Warsh a notable figure for the crypto industry. However, his confirmation still depends on the committee vote and a later full Senate vote.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: April 27, 2026 • 🕓 Last updated: April 27, 2026

Bitcoin Sentiment Rebounds as Institutional Flows Strengthen

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Bitcoin sentiment has moved out of extreme fear over the past ten days, with the Fear & Greed Index rising from the 25-30 range in mid-April to around 50-60 this week, its highest level in three months.

The stronger signal behind that shift is capital flow. Spot Bitcoin ETFs recorded daily net inflows above $400 million in recent sessions, weekly inflows crossed $1 billion, and March became the first positive month for ETF flows since late 2025.

Parallely, CME Bitcoin futures open interest fell to around $8.4 billion, the lowest level in 14 months, showing leverage has reduced while spot demand has strengthened.

Liquidation data shows more than $300 million in short positions cleared across recent sessions, but funding rates remain flat to slightly negative.

That suggests the recovery is not being driven by aggressive leveraged longs, which gives the current move toward $80,000 a more stable base than previous rebounds built on derivatives expansion.

The BIS warning on crypto exchanges functioning more like shadow banks reflects growing attention on where risk is accumulating across digital asset markets.

The main concentration remains in lending activity, yield products, and dominant collateral pools such as stablecoins and staked ETH, where stress can move quickly across protocols when liquidity tightens.

As institutional capital returns, the market is increasingly separating between platforms that can absorb risk through transparent custody and collateral controls, and those still exposed to concentrated liquidity dependencies.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Morgan Stanley Stablecoin Fund Opens With $10M Entry

Tatevik Avetisyan
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Morgan Stanley Stablecoin Fund Opens With $10M Entry

Morgan Stanley has launched a stablecoin reserve fund through its investment management arm. The new offering lets stablecoin issuers place reserve assets in the bank’s money market fund while earning income.

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Spain’s Manga Piracy Raid Reveals €400K Crypto Wallet Shock

Tatevik Avetisyan
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Spain’s Manga Piracy Raid Reveals €400K Crypto Wallet Shock

Spanish police seized two crypto cold wallets holding about 400,000 euros, or nearly $467,000, during a manga piracy raid in Almería.

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Stablecoins Enter Operational Finance as Payment Infrastructure Moves Onchain

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Stablecoins are increasingly being used for recurring financial obligations, which marks an important shift from their earlier concentration in trading, exchange settlement, and remittance flows.

Once payroll and merchant payouts begin moving onchain, adoption starts reflecting operational necessity rather than optional crypto usage.

The latest example is DoorDash, which is introducing stablecoin payouts for Dashers and merchants through Stripe’s Tempo infrastructure across 40+ countries, allowing near-instant settlement in markets where traditional payout systems remain fragmented or expensive.

The broader significance is that stablecoins are starting to function as payment infrastructure inside business operations, especially in markets where cross-border payroll remains expensive or delayed.

If more large platforms adopt this model, stablecoin growth will increasingly be driven by recurring transaction volume tied to real commercial activity in addition to crypto-native trading demand.

Ryan Lee, Chief Analyst at Bitget Research


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Sam Bankman-Fried Drops New Trial Motion but Keeps Judge Fight Active

Tatevik Avetisyan
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Sam Bankman-Fried Drops New Trial Motion but Keeps Judge Fight Active

Sam Bankman-Fried has withdrawn his new trial motion in the FTX fraud case, but he is still asking for a different judge. The former FTX CEO made that clear in a filing submitted on Wednesday in federal court in New York.

The filing came after Judge Lewis Kaplan asked whether Sam Bankman-Fried had help from lawyers in preparing an earlier pro se request. A pro se filing is one a person submits on their own, without formal legal representation. That question followed concerns from prosecutors about whether the former crypto executive had truly filed the request by himself.

Even though Sam Bankman-Fried dropped the Rule 33 motion for now, his broader legal fight is still moving forward. His appeal remains active, and so does his request to have a different judge handle any future motion tied to a new trial.

Sam Bankman-Fried Withdraws New Trial Motion in FTX Case

In his latest letter, Sam Bankman-Fried said he wrote the document himself. However, he also said he spoke with his parents because the matter involved them too. He wrote, “I am the author of this letter, but did consult with my parents about it, since it concerns both of them.”

That statement responded directly to the court’s question. The issue started after Barbara Fried, his mother, sent a letter to the court on his behalf. She did not have formal standing in the case, so that raised more scrutiny around the earlier filing and whether outside help was involved.

After addressing that point, Sam Bankman-Fried asked to withdraw the new trial motion. He wrote, “As I have had to focus on responding to these questions rather than drafting a response to the prosecution’s opposition, and because I do not believe I will get a fair hearing on this topic in front of you, I am now requesting to withdraw the Rule 33 motion, without prejudice to renewing it after my direct appeal and the related request for reassignment have been ruled upon.”

Sam Bankman-Fried Keeps Judge Lewis Kaplan Challenge Alive

Although the new trial motion has been pulled, Sam Bankman-Fried did not end his challenge against Judge Lewis Kaplan. Earlier, in February, he asked for a different judge to rule on the matter. In that request, he claimed Kaplan showed “extreme prejudice.”

That request for reassignment is still pending. In other words, Sam Bankman-Fried is no longer pushing the court to decide on a new trial right now, but he is still trying to change who could oversee that issue later. Therefore, one part of the case paused, while another part stayed active.

His direct appeal also remains before the US Court of Appeals for the Second Circuit. The latest filing did not change that process. So, while the Rule 33 motion is off the table for now, the appeal and the judge dispute continue in parallel.

FTX Fraud Case and Sam Bankman-Fried Appeal Still Move Forward

The legal background remains central. Sam Bankman-Fried, once one of the best-known figures in crypto, led FTX before the exchange collapsed. He was later convicted in the FTX fraud case over the misuse of customer funds.

In 2023, a jury found him guilty on fraud-related charges. Later, he was sentenced to 25 years in prison. According to the latest court-related reporting, he is being held at Federal Correctional Institution, Lompoc I, in California.

The appeal is now one of the main legal paths left in the case. At the same time, the withdrawn new trial motion leaves open the option of a future filing. Because it was withdrawn without prejudice, Sam Bankman-Fried may raise the issue again after the appeal and judge reassignment request are decided.

Sam Bankman-Fried, Trump Pardon Talk, and Trial Claims

The case has also drawn attention because of discussion around a possible pardon. Since entering prison, Sam Bankman-Fried has made public comments in interviews and on social media that signaled interest in seeking help from Donald Trump.

His earlier court filings also included claims about how prosecutors handled the case. In one filing, he said the Justice Department under former President Joe Biden had “threatened multiple witnesses into silence or into changing their testimony.” That accusation became part of his broader argument about the fairness of the trial.

Still, public comments from Trump did not support that possibility. In a January interview with The New York Times, Trump said he had no intention of pardoning the former FTX CEO. So, for now, the main legal focus remains on the Sam Bankman-Fried appeal, the judge reassignment request, and the withdrawn but not fully closed new trial motion.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: April 23, 2026 • 🕓 Last updated: April 24, 2026

CertiK Flags Phishing, Deepfakes, and Supply Chain Attacks as Main Crypto Hack Risks for 2026

Tatevik Avetisyan
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CertiK Flags Phishing, Deepfakes, and Supply Chain Attacks as Main Crypto Hack Risks for 2026

CertiK says phishing, deepfakes, supply chain attacks, and cross chain vulnerabilities may drive some of the biggest crypto hacks in 2026. The warning came from Natalie Newson, senior blockchain investigator at CertiK, as losses from major attacks continued to rise in April.

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Top US Law Firm Apologizes After AI Errors Reach Federal Court Filing

Tatevik Avetisyan
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Top US Law Firm Apologizes After AI Errors Reach Federal Court Filing

Sullivan & Cromwell has apologized to Chief Judge Martin Glenn after a court filing contained AI-generated errors, including inaccurate citations and other mistakes. The filing was submitted on April 9, 2026, and the apology letter was sent on April 18 in the Prince Global Holdings Chapter 15 case in the US Bankruptcy Court for the Southern District of New York.

In the letter, Andrew Dietderich, co-head of the firm’s global restructuring team, said the firm found that the motion included inaccurate citations and other errors. He also wrote that those errors were later listed and corrected in Schedule A attached to the letter. Reuters reported the filing contained about 40 incorrect citations and other errors tied to AI hallucinations.

Dietderich took responsibility for the failed review. He wrote,

“We deeply regret that this has occurred.”

He also said,

“The Firm and I are keenly aware of our responsibility to ensure the accuracy of all submissions,” adding that he took responsibility for the failure.

Sullivan & Cromwell AI citation errors expose a break in review process

Dietderich said Sullivan & Cromwell already had internal policies for the use of AI tools. Those policies included checking citations before filing. However, he said those procedures were not followed in this instance. As a result, the mistakes made it into a live court submission.

In the same letter, he wrote, “Regrettably, this review process did not identify the inaccurate citations generated by AI, nor did it identify other errors that appear to have resulted in whole or in part from manual error.” That wording matters because it shows the firm linked the filing problems to both AI output and human review failures.

The letter also said the issue came to the firm’s attention after Boies Schiller Flexner flagged the problems. Dietderich wrote that he personally called the rival law firm to thank them for raising the matter and to apologize directly. The corrected filing has since been submitted, according to reporting on the case.

AI hallucinations in legal filings keep growing as courts record more cases

This case adds to a growing list of AI-related filing problems in courts. Legal technologist Damien Charlotin says his database had recorded 1,334 AI hallucination cases worldwide as of April 21, 2026. Of those, 903 were in the United States. The database says the most common issue is fabricated case law, though it also tracks false quotes and misrepresented authorities.

Charlotin’s database includes the Prince Global Holdings matter and notes that the firm acknowledged AI-generated inaccuracies in the April 9 motion. It says the filing included fabricated and misquoted case citations and that the firm later apologized, corrected the errors, and filed revised papers.

The incident also draws attention because Sullivan & Cromwell is one of the largest law firms in the United States by revenue. Public rankings place the firm 30th on the Global 200, and the firm has also worked on major crypto-related matters, including the FTX bankruptcy. That background gives the filing error added weight, since the case involves a firm known for high-stakes court and restructuring work.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: April 22, 2026 • 🕓 Last updated: April 22, 2026

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