Rep. Nick Begich said he plans to reintroduce the #BITCOIN Act in the coming weeks, renaming the proposal the American Reserves Modernization Act (ARMA).

ZetaChain (@ZetaChain) has temporarily paused cross-chain transactions following a contract-level attack, the team said. The incident targeted its GatewayEVM contract. ZetaChain stated that only internal team wallets were affected, and reports indicated no user funds were impacted. The team said the attack has been contained and a full investigation is underway.

BitMine Immersion Technologies, a crypto firm backed by Fundstrat's Tom Lee, has expanded its Ethereum position again despite mounting unrealized losses. The company said Monday it bought 101,901 ETH last week, lifting total holdings to about 5.08 million ETH. BitMine added that its combined cryptocurrency assets and cash reserves stand at roughly $13.3 billion. (Source: Wu Shuo Blockchain) The purchase comes one week after another major buy of 101,627 ETH, which was its largest increase since December. Even with these large-scale additions, BitMine is sitting on more than $6.5 billion in unrealized losses, based on total investment of around $17.6 billion, underscoring how recent Ethereum price swings have hit crypto-treasury strategies. Shares of BMNR, listed on the New York Stock Exchange, are down more than 20% year to date, according to Yahoo Finance. BitMine continues to earn yield on part of its holdings. The company has staked about 3.7 million ETH, collecting rewards for helping secure the Ethereum network and validate transactions, creating an income stream that can persist through price drawdowns. (Source: Dropstab) Market stabilization signs emerge BitMine's buying spree coincides with early signs of stabilization across crypto after a slide that extended through March. TradingView data show Ethereum climbed back above $2,400 last week after dipping to roughly $1,800 earlier this year. Even after the rebound, ETH remains down about 23% for the year. The move has tracked improving sentiment across equities and other risk assets, but volatility continues to test companies running large digital-asset treasuries. With reserves highly exposed to price changes, firms can still rack up sizable unrealized losses during downturns even while adding to positions. Staking income may help, but it often cannot fully offset sharp declines in asset values, leaving balance sheets sensitive to market cycles.

AiCoin data showed U.S. spot Bitcoin ETFs recorded a net outflow of $263 million yesterday, marking the largest single-day withdrawal since April 17. FBTC led the declines with $150 million in outflows, followed by GBTC at $46.6 million. AiCoin's "Spot BTC ETF Tracking" live strategy indicates ETF inflows have a strong positive correlation with Bitcoin's price. Subscribers can monitor the signal to support automated trading strategies based on fund-flow trends. Data for reference only.

The Bank of Japan left its benchmark interest rate unchanged at 0.75%, pointing to heightened uncertainty stemming from the war in Iran and rising energy prices.

BlockBeats reports that on April 28, after the U.S. Department of Justice wrapped up its investigation into Jerome Powell, Sen. Tom Tillis (R-N.C.) dropped his filibuster threat against Kevin Warsh's nomination to lead the Federal Reserve. The Senate Banking Committee then voted 13-11 to send Warsh's nomination to the full Senate. According to the committee's official website, the Senate vote is set for 10:00 a.m. Eastern on April 29. The Federal Open Market Committee is also scheduled to release its latest rate decision that day. Powell is expected to hold his 63rd press conference since taking office as Fed chair, which could be his last. Powell's term as chair ends May 15, though his term as a member of the Board of Governors runs through Jan. 31, 2028. Markets are closely watching whether he will also step down from the Board.

Odaily Planet Daily reports that Republican Sen. Thom Tillis on Sunday dropped his filibuster of Kevin Warsh's nomination to serve as Federal Reserve chair after the U.S. Department of Justice concluded its investigation into Jerome Powell. The Senate Banking Committee later voted 13–11 to send Warsh's nomination to the full Senate, according to the committee's website. The Senate vote is set for April 29 at 10:00 a.m. Eastern. The Federal Open Market Committee is also scheduled to announce its latest interest-rate decision that day. Powell is expected to hold what would be his 63rd press conference as Fed chair and potentially his last. Powell's term as chair ends May 15, while his term as a Fed governor runs through Jan. 31, 2028. Markets are closely watching whether Powell will also resign from the Board of Governors.

CoinMarketCap reported that Strategy, the world's largest publicly traded Bitcoin holder, kept adding to its position last week as BTC traded above $77,000. In an 8-K filed with the U.S. Securities and Exchange Commission on Monday, the company disclosed it bought 3,273 bitcoins for $255 million between April 20 and 26, paying an average $77,906 per coin. The purchases lifted Strategy's overall cost basis to $75,537. Strategy now holds 818,334 BTC, acquired for about $61.8 billion. CoinGecko data puts the market value of that stash at roughly $63.6 billion at the time of writing. Unlike the prior week's 34,164-BTC buy—its third-largest single purchase on record—the latest accumulation did not involve STRC, the company's perpetual preferred securities. SEC filings show the transaction was funded entirely through Strategy's Class A common stock (MSTR): the company sold 1.45 million shares to raise $255 million. The STRC Live tracking tool had also flagged no STRC-related activity during the week. Co-founder Michael Saylor had signaled on Sunday that the company would keep buying and shared a chart summarizing Strategy's 107 Bitcoin purchases since 2020. With 818,334 BTC, Strategy's holdings now exceed BlackRock's approximately 812,300 BTC held on behalf of clients. Wallet Pilot data shows Strategy remains behind the combined holdings of cryptocurrency fund issuers, totaling around 1.32 million BTC. Bitcoin advocate and Strategy investor Adam Livingston said he expects Strategy to hold 1.2 million BTC by the end of 2026, implying additional purchases of 381,666 BTC. So far this year, Strategy has bought 144,551 BTC, or about 36,137 BTC per month.

Aave said DeFi United has published a remediation plan to restore backing for KelpDAO's rsETH following an April 18 bridge incident. The event led to an abnormal release of 116,500 rsETH from the Ethereum-side adapter. Under the proposal, DeFi United will deploy committed ETH funding to replenish the impacted lockbox. It also plans to temporarily adjust the rsETH oracle price via governance to unwind exploiter-related positions on Aave and Compound. WETH and rsETH markets across multiple chains will remain frozen until operations return to normal. Source: