Polymarket is in active talks with the U.S. Commodity Futures Trading 
Commission (CFTC) to remove a ban that has kept its primary blockchain-based 
exchange away from American traders since 2022, Bloomberg reported. Key 
Takeaways: Polymarket held discussions with the CFTC in recent weeks to lift 
its 2022 ban and bring its main exchange to U.S. […]

Report: Polymarket Targets Full US Return as CFTC Talks Advance

The crypto market is consolidating after months of bearish price action, with 
participants navigating an environment defined by geopolitical tension, macro 
uncertainty, and a price structure that has yet to confirm a clear direction. 
In this context, top analyst Darkfost has identified a behavioral shift that 
cuts across the usual boundaries between crypto and traditional finance — and 
what it reveals about where market participants are directing their attention 
is worth understanding. Related Reading: XRP’s Recovery Is Real, But The Risk 
Appetite Behind It Is Still Broken – Analyst Since Binance launched gold 
futures trading in January, the platform has recorded more than $100 billion 
in trading volume. That figure, accumulated in under four months, is not a 
product success story. It is a behavioral signal. The participants who 
typically live in Bitcoin, Ethereum, and altcoins have collectively directed 
nine figures into the world&#8217;s oldest safe-haven asset — and the environment 
driving that demand is the same one currently suppressing crypto prices. 
Ongoing tensions between Iran and the United States continue to limit market 
visibility and sustain demand for assets that hold value through uncertainty. 
Gold has been the primary beneficiary of that dynamic, posting gains of 
approximately 210% since October 2023 before the correction that began in late 
January. That correction has since brought gold 16.5% below its all-time high. 
The safe-haven trade has not reversed — it has pulled back. And in markets, 
16.5% corrections after 210% rallies tend to attract a specific kind of 
attention. $6.6 Billion in a Single Day — and the Demand Has Not Gone Away The 
volume evolution on Binance&#8217;s gold futures tells the story of a market that 
found its audience faster than almost anyone anticipated. Standard sessions 
now regularly record between $500 million and $1 billion in trading activity — 
a baseline that would have been considered extraordinary for a product that 
did not exist four months ago. During the February correction and again in 
late March, that baseline was left behind entirely. Multiple sessions exceeded 
$3 billion, and on March 23 the platform recorded $6.6 billion in a single day 
— a figure that reflects institutional-scale participation, not retail 
curiosity. Darkfost frames the current consolidation in gold&#8217;s price as 
structurally natural rather than structurally concerning. After a 210% rally 
over two years, a 16.5% correction represents the kind of profit-taking that 
follows any sustained advance — and the persistence of Binance gold futures 
volume through that correction suggests the underlying demand has not reversed 
alongside the price. The structural advantage Binance introduced is worth 
naming directly. Traditional gold markets close on weekends. Binance does not. 
For a market participant whose primary trading environment operates 
continuously — where geopolitical developments on a Saturday morning can move 
prices before any traditional venue opens — permanent access to gold exposure 
is not a convenience. It is a capability that did not previously exist for 
this audience. Darkfost&#8217;s assessment is that Binance made the right call. The 
$100 billion in volume and the $6.6 billion single-day record suggest the 
market agrees. Related Reading: Ethereum Buyers Stepping In Right Now Are the 
Most Aggressive Since Early 2023: Is the Bottom In? BTC/XAU Ratio Tests 
Structural Support After Sharp Breakdown The BTC/XAU ratio is attempting to 
stabilize after a decisive breakdown that shifted the relative strength 
balance back in favor of gold. After topping near the 35–37 zone, the ratio 
entered a sustained downtrend. Losing both its short-term and medium-term 
moving averages in sequence — a clear signal that Bitcoin has been 
underperforming gold across this phase of the market. The recent move lower 
into the 13–15 range marked a significant reset. That level aligns with prior 
consolidation zones from 2023, suggesting the market has returned to a 
historically relevant demand area. The reaction so far has been constructive 
but not yet convincing. Price has bounced modestly and is now attempting to 
reclaim the 17 level, but it remains below the declining 50-week and 100-week 
moving averages, which continue to act as dynamic resistance. Related Reading: 
Chainlink Is Getting Cheaper, And Whales Are Not Buying The Dip: Discount Or A 
Trap? Volume expanded notably during the selloff, indicating that the move was 
driven by strong conviction rather than thin liquidity. The subsequent 
rebound, by contrast, has occurred on lighter participation — a detail that 
raises questions about its durability. Structurally, the ratio remains in a 
corrective phase. A sustained reclaim of the 20–23 region would be required to 
suggest a shift back toward Bitcoin outperformance. Until then, the trend 
continues to favor gold. Featured image from ChatGPT, chart from 
TradingView.com

Crypto Traders Just Moved $100 Billion In Gold Volume: Find Out What Is Driving The Rush

President Trump told hundreds of top $TRUMP memecoin holders at a private 
April 25 event at Mar-a-Lago that the White House will not allow banks to 
block the CLARITY Act, pledging to sign the bill immediately and framing 
crypto market…

CLARITY Act Survives Bank Pushback as Trump Personally Warns Bankers to Back Off

Over Foundation has shut down all Over Protocol infrastructure, abandoning 
OverWallet, nodes and explorers, and leaving block production to any 
validators stubborn enough to keep running. The Over Foundation announced it 
will permanently cease operations of Over Protocol, a Layer…

Over Protocol’s lights go out, leaving a “decentralized” shell behind

Increased market volatility and diplomatic uncertainty highlight the fragile 
state of US-Iran relations, potentially stalling future talks.
The post US intelligence assesses Iran&#8217;s potential response to Trump victory 
claim appeared first on Crypto Briefing.

US intelligence assesses Iran’s potential response to Trump victory claim

On Tuesday, April 28, bitcoin fell 0.7%, dipping below the $76,000 mark as 
global markets stalled amid a lull in Middle East geopolitical tensions. Key 
Takeaways: Bitcoin dropped 0.7% to $76,200 on April 28 as markets shifted 
focus away from Middle East geopolitical risks. The Bitunix analysis shows 
that $43 million in long positions were […]

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