The South Korean National Tax Service has initiated preparations for taxing virtual assets and plans to implement it in January next year.

April 29 — Renowned trader and chart analyst Peter Brandt, who correctly called the 2018 Bitcoin crash, shared a chart yesterday that suggests Bitcoin bulls should abandon the idea of the token hitting $250,000 this year. Brandt argues BTC’s current trend is in a channel formation, not a bullish bottom reversal pattern. While the setup doesn’t rule out additional upside, it lacks a strong bottoming signal.

On April 29, Huobi HTX announced it will launch GENIUS deposit services at 15:00 GMT+8 the same day. GENIUS/USDT spot and grid trading will go live at 15:00 GMT+8 on April 30, while GENIUS withdrawals will open at 15:00 GMT+8 on May 1. Genius Terminal is the first private, ultimate on-chain terminal. It represents the next evolutionary step after aggregators, intents, cross-chain bridges, and wallet extensions: an operating system (OS) built for professional users, focused on serving those who want DeFi functionality without the hassle of complex interactions.

On April 29, per LookOnChain data, a wallet linked to Distributed Capital deposited 3,063 ETH into Binance—valued at roughly $7.13 million. The ETH was withdrawn from Binance roughly one month ago at an average price of $2,017, and has since appreciated by ~$969,000.

April 29: Kazakhstan’s Ministry of Energy says it is not considering exiting OPEC+.

On April 29, Vitalik Buterin sold off meme coin ASTEROID (contract address: 0xaff2565091e7207191dbe340b8528d02fa78d044)—sparking fresh FOMO across crypto communities. Per GMGN data, the token saw a short-term pump of over 2x, with its current market cap at $13.56 million. Meanwhile, a separate ASTEROID token (contract address: 0xf280b16ef293d8e534e370794ef26bf312694126)—which previously had strong community consensus—dropped 8% temporarily, now holding a $115 million market cap. A parallel scenario unfolded with NEIRO in August 2024: Vitalik received an airdrop from the NEIRO dev team and immediately sold the tokens, triggering a brief dip in related coins. Community buying pressure then surged, driving a sharp rebound—prices jumped over 200% from their lows and hit a new high at the time.

On April 29, the Kyber Network attacker transferred 2,900 ETH (valued at $6.8 million) to Tornado Cash, per PeckShield monitoring data. KyberSwap was hit by a reentrancy attack on November 23, 2023, leading to roughly $47 million in losses.