The United Arab Emirates has announced it is leaving OPEC after 59 years, a move that comes as markets react to supply disruption risks tied to the Strait of Hormuz. Bitcoin fell below $76,000 amid the broader risk-off tone sparked by the potential shock to energy flows through the key shipping corridor.

Polymarket has applied for approval from the U.S. Commodity Futures Trading Commission (CFTC) to bring its main exchange back to the U.S., Bloomberg reported.

Polymarket is pursuing approval from the U.S. Commodity Futures Trading Commission (CFTC) to bring its main exchange platform to the U.S., Bloomberg reported.

Odaily Planet Daily reported that Onchain Lens data show a Matrixport-linked whale, with more than $59 million in profits, opened a 30,000 ETH long position with 15x leverage in the past hour, valued at $68 million. The whale now holds 58,000 ETH in long exposure across three addresses (0xa5B0...1D41, 0xfd42...3d97, 0x6c85...84f6), using 15x to 20x leverage, for a combined position value of $131.82 million.

Hyperliquid gains help offset $216 million Q1 loss at Novogratz's Galaxy Digital.

Bitcoin whale holdings have risen to 3.09 million BTC, the highest level in six months, returning to levels seen before the latest market correction.

Onchain analyst Onchain Lens (@OnchainLens) reported that a Matrixport-linked whale that has already realized more than $59 million in profits returned to the market within the past hour, opening a new 30,000 ETH long position with 15x leverage, valued at about $68 million. The whale now holds a combined 58,000 ETH in long positions across three wallets, using 15x to 20x leverage, with a total notional value of roughly $132 million.

Blockchain data shows a transfer of 674 BTC, valued at $51,330,881, from an unidentified wallet to Coinbase.

PI changed hands around $0.1893 on April 28, up about 5.8% over 24 hours and more than 10% on the week, as markets digested the completion of Protocol 22. The move has drawn fresh attention during a key technical transition, though PI remains well below its February 2025 high of $2.99, keeping the rebound in rebuilding territory rather than a full-blown rally. Protocol 22 was finalized on April 27, delivering a mainnet upgrade aimed at improved scalability, higher transaction throughput, and stronger readiness for decentralized applications. More than 10 billion PI have migrated to Mainnet, while roughly 6 billion are still locked. That restricted liquid supply is helping curb near-term sell pressure and keeping the spotlight on utility-driven growth. Node operators have been told to upgrade to Protocol 22 by today, according to a widely circulated post, as the network positions for Protocol 23 in May. Attention is increasingly shifting to Protocol 23 as the next potential catalyst. The update is expected to introduce smart contracts and expand decentralized finance and cross-chain capabilities, giving developers more room to build within the Pi ecosystem. Technically, traders are tracking a developing double-bottom breakout setup, with a neckline near $0.190. PI is trading above its 10-day, 20-day, 50-day, and 100-day exponential moving averages. The 14-day RSI sits near 63.96, suggesting momentum is improving without flashing immediate overbought conditions, while the weekly RSI near 36.01 points to an ongoing recovery from earlier weakness. Key support is seen at $0.1832. A sustained move above $0.190 would shift focus to upside targets at $0.2045 and then $0.220. A break below support would raise the risk of a faster downside move.