Justin Sun withdrew 93.41 million USDT from Spack and then deposited it into HTX.

On April 29, payment giant Visa announced an expansion of its stablecoin settlement pilot network, adding support for Base, Polygon, the Canton Network, Arc, and Tempo (backed by Stripe)—now covering 9 blockchain networks total. Previously, Visa supported Ethereum, Solana, Avalanche, and Stellar. Visa noted its stablecoin settlement program’s annualized transaction volume has hit $7 billion, a 50% jump from the prior quarter. The program lets issuing and acquiring banks settle transactions directly via stablecoins, skipping the traditional banking clearing system. Visa’s Global Head of Growth, Products, and Strategic Partnerships Rubail Birwadker said current partners operate in a “multi-chain world,” and Visa aims to give partners broader liquidity access by supporting more networks. Visa will act as a unified settlement layer to enable cross-chain coordination.

On April 29, 21Shares Chief Investment Officer Adrian Fritz told CoinDesk that Bitcoin is increasingly becoming part of mainstream multi-asset portfolios as spot Bitcoin ETFs keep drawing institutional inflows. With a favorable macro backdrop, he expects BTC to hit $100,000 by year-end. Fritz noted spot Bitcoin ETFs have pulled in nearly $2 billion in inflows so far this year, with buying pressure coming from retail investors, institutions, and hedge funds using arbitrage and options strategies. Big asset managers like Morgan Stanley are also ramping up crypto exposure, speeding up institutional adoption. He added Bitcoin’s daily trading volume now tops $500 billion, with liquidity approaching that of major tech stocks like NVIDIA. The ETF structure has further boosted primary and secondary market liquidity, helping Bitcoin take on "institutional-grade asset" traits. Looking ahead, Fritz sees several catalysts for a new uptrend: geopolitical easing, continued ETF net inflows,

On April 29, Fox Business reporter Eleanor Terrett reported that U.S. Republican Senator Thom Tillis said he is ready to advance the "Clarity Act" to committee for line-by-line markup. Speaking on Capitol Hill, Tillis noted, “We’ve made significant progress, and it’s time to move the bill to committee for further advancement.” He added he will ask the committee chair to schedule a formal review date after the congressional recess. Regarding the stablecoin yield controversy, Tillis stated most of the banking industry’s concerns have been heard and addressed, while welcoming all parties to continue “engaging in good-faith discussions.” On the timeline front, Tillis expressed hope to release the legislative text for stablecoin yield provisions 4-5 days ahead of the formal review, and provide a preview version to relevant stakeholders in advance. Additionally, on the issue of software developer liability and the potential impact of the 1960 Criminal Code on enforcement, Tillis

MegaETH announced Thursday (April 29) on X that its native token MEGA will officially launch Friday, April 30, Beijing time. Key details: - On-chain launch: 6:00 PM Beijing Time / 6:00 AM EDT - Off-chain launch: 7:00 PM Beijing Time / 7:00 AM EDT

Wednesday, April 29 The U.S. Senate Banking Committee on Wednesday approved Kevin Warsh’s nomination as the next Federal Reserve chair in a 13-11 vote, as proposed by President Trump. The nomination now heads to the full Senate for a final vote. The vote revealed a clear partisan split: all Republican members supported the nomination, while all Democratic members opposed it. Nick Timiraos—widely known as the "Fed Whisperer"—noted this is a rare party-line vote for a Federal Reserve chair nomination in recent years; Jerome Powell’s two prior chair nominations earned broad bipartisan backing. Earlier, Republican Senator Thom Tillis had blocked advancing the nomination over Justice Department (DOJ) investigations involving Powell. The process resumed after the DOJ announced it was terminating the criminal probe and referring the matter to the Federal Reserve Inspector General. On the Democratic side, ongoing concerns persist that Warsh could undermine the Fed’s independence. S

On April 29, U.S. Energy Information Administration (EIA) figures show: - U.S. net crude imports turned negative, hitting a record low; - Weekly U.S. crude exports hit a record high of over 6 million barrels per day. U.S. crude inventories posted a sharp unexpected drop, triggering a brief uptick in crude futures before prices turned lower. (Gold10)