Eric Trump Hails Bitcoin’s Golden Era as Institutional Adoption Grows
Bitcoin shows a slight dip as the Federal Reserve maintains steady interest rates, with the cryptocurrency market seeking direction.
As of 9:05 a.m. on Thursday (Korean time), Bitcoin prices in South Korea hover around 113,390,000 KRW (about 76,370 USD), down 0.62% from the previous day at the same time.
Internationally, CoinMarketCap reports Bitcoin trading at 75,810 USD, a 0.69% decrease from yesterday’s figures.
Analysts suggest that ongoing Fed policy uncertainty is creating short-term downward pressure on digital asset markets.
The Fed announced after its Federal Open Market Committee (FOMC) meeting that it would keep interest rates between 3.50% and 3.75%, aligning with market expectations.
In its statement, the Fed noted that inflation remains elevated, partly due to recent global energy price increases, adding that Middle East geopolitical shifts have amplified economic outlook uncertainties.
Despite this, some market observers remain optimistic long-term. Eric Trump, son of former President Donald Trump, declared at the Bitcoin 2026 event that Bitcoin has entered its greatest golden age, citing increased institutional adoption, corporate asset inclusion, and financial services expansion.
Grayscale’s Zcash ETF Sees Trading Surge Amid Growing Privacy Concerns
Grayscale’s Zcash (ZEC) spot exchange-traded fund (ETF) is gaining attention due to a recent spike in trading volume.
Foreign reports on April 29th indicate that Grayscale’s ZEC spot ETF saw average daily trading volumes reach 1.7 million USD in April, more than doubling from the previous month. While lower than late 2023 levels, this marks the highest volume since January, suggesting a gradual recovery.
Crypto news outlet The Block reports that the rising use of privacy-focused blockchains has increased the proportion of protected ZEC supply to about 30% of its circulating total.
Michael Saylor Reaffirms Unwavering Bitcoin-Centric Strategy
Michael Saylor, Strategy’s founder, has reiterated his commitment to a Bitcoin-focused investment approach.
In a recent podcast interview on Wednesday, Saylor emphasized that strategy’s core approach remains unchanged, highlighting the company’s ongoing efforts to raise capital for Bitcoin accumulation. He stressed that increased Bitcoin purchases benefit the entire ecosystem.
Saylor clarified that despite growing Bitcoin holdings, the company won’t adopt a defensive strategy. Strategy aims to maintain its Bitcoin focus rather than diversifying, arguing this enhances corporate transparency and clarity.
Hyperliquid Launches Zero-Fee Strategy to Boost Prediction Market Offerings
Decentralized trading platform Hyperliquid is ramping up its prediction market features with a new fee structure.
On April 20, foreign sources reported that Hyperliquid introduced a fee-free structure for outcome tokens trading, charging no fees for opening positions and only applying fees when closing or settling positions.
This structure, part of the HIP-4 upgrade, aims to allow users to trade binary contracts on real-world events like elections and sports alongside crypto futures and spot trading from a single account.
However, the outcome token feature is currently in testnet, with no set date for mainnet launch.