Before the hearing, Musk engaged in high-intensity posting on Twitter, causing a 40% temporary surge in the market value of the meme coin SCAM.
April 28th — Per GMGN monitoring data, the Solana meme coin **SCAM** surged 40% in one hour, briefly topping $20 million to hit a new all-time high (ATH). It has since retraced to $15 million, with 24-hour trading volume reaching $37.6 million.
On the news front: The Musk vs. OpenAI case has wrapped up jury selection and is set to kick off its official trial this Tuesday local time (9:00 AM ET / 12:00 AM UTC+8 on April 29 Beijing time). Outside the courthouse, Musk took to X (formerly Twitter) multiple times today—tweeting and commenting—to dub OpenAI CEO Sam Altman “Scam Altman.” In the past hour, he also replied to tweets with negative remarks about Altman.
BlockBeats reminds users: Meme coin trading is extremely volatile, heavily tied to market sentiment and meme-driven hype, with no real value or use case. Investors should be aware of the risks.
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Binance will delist WLD/BTC, HBAR/BTC, and other leverage trading pairs
April 28 — Binance Leverage will delist the following leverage trading pairs on May 1, 2026, at 2:00 PM UTC+8, per an official announcement:
Isolated Margin Trading Pairs: TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, DOT/BTC;
Cross Margin Trading Pairs: TRX/ETH, LINK/ETH, WLD/BTC, HBAR/BTC, DOT/BTC.
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OKX will list XAUUSD perpetual swap trading
OKX will officially launch its USD-margined linear perpetual contract (X-Perp) across web, app, and API platforms at 15:00 UTC+8 on April 28, 2026, per official sources. The initial supported trading pair will be XAUUSD UM (X-Perp).
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The U.S. Senate Banking Committee will hold a vote on the nomination of Kevin Warsh as Federal Reserve Chairperson
April 28 – The U.S. Department of Justice has concluded its investigation into Jerome Powell. Republican Senator Thom Tillis has dropped his obstruction of Janet Yellen’s confirmation process for Federal Reserve Chair. The Senate Banking Committee voted 13-11 to advance Kevin Warsh’s Fed Chair nomination to the full Senate, with the vote scheduled for April 29 at 10:00 a.m. Eastern Time (per the committee’s official website).
On the same day, the Federal Open Market Committee (FOMC) will announce its latest interest rate decision. Current Fed Chair Powell will hold his 63rd – and potentially final – press conference following the meeting, marking the end of his eight-year tenure at the central bank. Powell’s Fed Chair term expires May 15, but his term on the Fed Board continues through January 31, 2028. Whether Powell will resign from the Fed Board has emerged as a key market focus.
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A whale withdrew 4361 ETH from Kraken, worth approximately $9.9 million
On April 28th, per Onchainlens data, a whale withdrew 4,361 ETH (≈$9.9 million) from Kraken over the past 30 minutes.
The whale now holds a total of 4,383 ETH (≈$10 million).
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Yesterday, the US Bitcoin spot ETF saw a net outflow of $263 million, while the US Ethereum spot ETF saw a net outflow of $50.4 million.
April 28th — Data from Farside Investors indicates U.S. Bitcoin spot ETFs saw a net outflow of $263 million yesterday, with the following breakdown:
- Fidelity FBTC: -$150 million
- Bitwise BITB: -$8.8 million
- ARK ARKB: -$43.3 million
- VanEck HODL: -$14.1 million
- Grayscale GBTC: -$46.6 million
Separately, U.S. Ethereum spot ETFs posted a net outflow of $50.4 million yesterday, including:
- BlackRock ETHA: -$13.8 million
- BlackRock ETHB: +$11.8 million
- Fidelity FETH: -$48.4 million
### Notes on alignment with American English habits:
1. **Concise structure**: Opens with date + core data (standard for financial briefs).
2. **Verb choice**: Uses "indicates" (neutral, authoritative) and "posted" (common in financial reporting for fund flows).
3. **Clarity**: Separates Bitcoin/Ethereum sections with "Separately" to avoid confusion.
4. **Correction**: Fixed "Btwise" to **Bitwise** (the correct name of the U.S.-based crypto asset manager, aligning with i
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